Dow Jones Industrial Average On Longest
Losing Streak Since 1932
Posted By: Imright, 5/21/2022 2:48:42 AM
After a promising start to morning trading, the major stock indexes turned sharply negative Friday with the S&P 500 tumbling into bear market territory and the Dow Jones Industrial Average setting up for the longest streak of weekly losses since the Great Depression. And then stocks turned around again, to end the day mostly flat.The Dow ended the day nearly flat, which brings its weekly decline to 2.77 percent. This was eighth consecutive weekly loss for the index. That is the longest losing streak since 1932.
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Imright"
Foreign nationals protested outside of the United States Consulate in Tijuana, Mexico, demanding President Joe Biden end the Title 42 authority that has helped stem illegal immigration at the U.S.-Mexico border over the last two years.Months ago, the Centers for Disease Control and Prevention (CDC) announced that on May 23 the Biden administration would end Title 42. The authority was first issued by former President Donald Trump in 2020 and has allowed federal immigration officials to quickly remove illegal aliens from the U.S.In April, Trump-appointed Judge Robert R. Summerhays announced he would block the Biden administration from ending Title 42. Late last week, Summerhays issued a preliminary injunction
As members of the Kennedy family – known to many as America's royals – it is no surprise that JFK's only three grandchildren have already gone far in life, despite the long-running claims of a 'curse' that has hung like a dark cloud over the family for many decades. But while Caroline Kennedy's three children are no doubt aware of the unlucky series of events that have plagued their relatives for years, from premature deaths to terrifying accidents, the trio is showing no sign of allowing the infamous Kennedy curse to affect them. (Photos) His mother, Caroline, and father, Edwin Schlossberg, certainly have a lot to be proud of –
Justin Thomas captured the 2022 PGA Championship in a thrilling three-hole playoff against Will Zalatoris.After Mito Pereira, who stayed in front for the majority of Sunday’s final round, botched a tee shot on the 18th hole, both Zalatoris and Thomas were left tied at 5-under par. The two matched on the first leg of the playoff with birdies before Thomas went 2-under in the second to take the lead. Thomas, who began the day seven strokes off the lead, sealed the playoff on the last hole.The PGA Championship is Thomas’ second major. He also won the event back in 2017.
Robert Gates, the former Defense Secretary under both the Bush and Obama administrations, said Sunday on CBS’s “Face the Nation” that former President Donald Trump running for office would present a “concern” for national security.
Partial transcript as follows: MARGARET BRENNAN: You’ve said that you’ve been disappointed in Republican leaders for not standing up for traditional Republican values. We just had this awful shooting in Buffalo, New York. Liz Cheney, Congresswoman, said, “House GOP leadership has enabled white nationalism, white supremacy and anti-Semitism. History has taught us that what begins with words ends in far worse. Republican leaders must renounce and reject these views and those who hold them.”
Hillary Factor: Evidence now shows false
Russia collusion story began and ended
with Clinton 15 replies
Russia collusion story began and ended
with Clinton 15 replies
In an era where the hunt for disinformation has become a political obsession, Hillary Clinton has mostly escaped having to answer what role she played in spreading the false Russia collusion narrative that gripped America for nearly three years.On Friday, that dodge ended with a most unlikely witness: her former campaign manager Robby Mook, who was supposed to be a witness helping the defense of her former campaign lawyer Michael Sussmann on a charge of lying to the FBI. Instead, under cross-examination by Special Counsel John Durham's team, Mook was forced to concede two extraordinary facts. First, the Clinton campaign wasn't "totally confident" about the accuracy of computer data suggesting
Glenn Greenwald is the rare honest leftist reporter left on the scene today.This weekend Greenwald released a scathing documentary on MSNBC’s Nicolle Wallace, the “Typhoid Mary of Disinformation.”Greenwald put together a collage of her many lies from the past few years including the Hunter Biden laptop scandal, the Trump-Russia collusion hoax, the Trump phone records hoax, and the origins of the coronavirus.This is a powerful video. Of course, Glenn Greenwald could release a new video every day for the next year on the fake news purveyors in the mainstream media. Literally, the fake news mainstream media has lied about every major issue for the past six years.
More than 70,000 pounds of baby formula arrived in the United States on Sunday via military aircraft, President Joe Biden announced, as his top economics adviser pledged stores could see replenished supplies 'as early as this week.' The shipment from the US military's Ramstein Air Base in Germany is the first in Biden's Operation Fly Formula program, aimed at ramping up international imports of baby formula to raise US supply. It's one of several measures the president unveiled to mitigate the increasingly dire baby formula shortage that's plaguing Americans nationwide - which has already led to multiple reports of hospitalized children.
RNC Made a Whopping $1M More Than DNC
19 replies
The Republican National Committee hauled in more than a $1 million more in fundraising than the Democratic National Committee during the month of April. According to fundraising figures, the RNC brought in $14.2 million, while the the DNC brought in significantly less at $12.9 million, this includes funding from the Democratic Grassroots Victory Fund and the DNC's joint fundraising arm.This brings the RNC’s total funds raised so far to a spectacular $219.9 million, and the DNC’s total funds to $213 million. In a statement, RNC Chairwoman Ronna McDaniel is confident the Republican Party will come out on top as Joe Biden’s failed leadership continues to persist.
A few weeks ago, Exxon announced that it was banning the display of Pride and BLM flags at its headquarters in Houston. There was a ripple of unhappiness, but nothing was burned down, the media attention was muted, and the world went about its business as before. Across the country, school board elections are tossing out woke ideologues and partisans of critical race theory and replacing what amounts to gay pornography in the curriculum with more wholesome fare. The Biden Administration keeps running into roadblocks, (Snip) Then there is Elon Musk. I have long been a fan of this Rocket Man, notwithstanding his mantras about “sustainable transport” and other
Thousands of Jif peanut butter jars have been recalled amid a recent salmonella outbreak, the Food and Drug Administration said. Jif's creamy, crunchy, natural and reduced fat peanut butters have been linked to a salmonella outbreak across 12 states that has left 14 ill.Two people were hospitalized. Side effects from salmonella poisoning include fever, diarrhea, nausea and vomiting. The J.M. Smucker Co. announced a voluntary recall Friday of some Jif peanut butter products for potential salmonella contamination. All recalled products were produced at the company's Lexington, Kentucky, factory, NPR reported.
Former U.S. President Donald Trump has described how his country is facing the issues of “socialism” and “communism” in his surprise address to CPAC Hungary.In a surprise address to the conservative CPAC conference taking place in Hungary on Friday, former U.S. President Donald Trump described how both his nation and the world were facing the issues of “socialism” and “communism”.Trump also took the opportunity to praise Viktor Orbán, the political leader of the host nation, who had addressed the conference only the day before. In a video message shown at CPAC Hungary, the 45th President of the United States lauded Orbán as a “good man and he’s
Hillary Clinton’s sordid legacy of lies
17 replies
Proving that what’s old is new again, here is how the late William Safire began his New York Times column of Jan. 8, 1996:
“Americans of all political persuasions are coming to the sad realization that our First Lady — a woman of undoubted talents who was a role model for many in her generation — is a congenital liar. “Drip by drip, like Whitewater torture, the case is being made that she is compelled to mislead, and to ensnare her subordinates and friends in a web of deceit.” Safire detailed a series of situations where Hillary Clinton was caught in obvious lies,
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NYC Mayor Eric Adams is eyeing up a 2024 White House bid as an anti-woke Democrat if Joe Biden decides not to run for a second term, it is claimed. Adams, 61,-who once referred to himself as the 'Biden of Brooklyn'-has 'repeatedly' told confidantes that he is considering running for the highest office and thinks he could 'win,' sources told the New York Post. 'Eric has told me repeatedly that he thinks that he has a platform to run for national office, for president in 2024,' a source close to the mayor told the Post.(Snip)However, Adam's advisor Evan Thies dismissed rumors,
Biden says monkeypox something to ‘be
concerned about’; LGBTQ+ festival in
Spain linked to outbreak 34 replies
concerned about’; LGBTQ+ festival in
Spain linked to outbreak 34 replies
With hysteria ramping up as cases of the rare monkeypox virus keep popping up in multiple countries, President Joe Biden made his first public comments on the disease which could conceivably usher in a sequel to the mandates and restrictions that were imposed during the COVID pandemic.
The press caught up with the “leader” of the free world who is visiting South Korea on his first trip to Asia since taking office and asked Biden for his input on whether the monkeypox cases in Europe and the U.S. were something “to be concerned about”
“Well they haven’t told me the level of exposure yet but it is something that
For regular readers of this site, today’s news will likely not come as a surprise, but much of the nation seems to remain unaware of it. The North American Electric Reliability Corporation (NERC) has released its latest reliability assessment for the summer of 2022 and, to put it mildly, the news is not good. In far too many states, the power grid is already nearly at full capacity, and in the next few months, that capacity will be exceeded. This isn’t a question of “if” or really even “when.” It’s just a fact. Industry experts know this and have been trying to sound the alarm for several years.
These people will get us all killed.
Mitt Romney called on our NATO allies to prepare for a nuclear strike from Russia. The US has already invested tens of billions of dollars in military weapons to Ukraine.
The New York Post reported: The US and its NATO allies should prepare a “devastating” response to potential Russian nuclear action, Sen. Mitt Romney said on Saturday.
The call to action comes on the heels of threats from the Kremlin and warnings from Russian diplomats that the country’s Ukraine invasion could lead to a nuclear strike, the Utah Republican wrote in an op-ed for The New York Times.
TULSA, Okla. — Shock.That was the overriding emotion while watching Tiger Woods stumble around Southern Hills on Saturday morning, taking an unthinkable 79 strokes to complete his third round of the PGA Championship (one day after shooting a gutsy 69 to make the cut) — and then withdrawing from the championship later in the day. Disbelief. That was the emotion elicited from watching Woods bogey five consecutive holes (the first time he ever has done that in a major championship as a professional) en route to 10-over for his third round through 13 holes.Sadness.That was the emotion that gripped you while watching Woods limp so badly
Kate McKinnon and Pete Davidson are among those departing from “Saturday Night Live,” leaving the sketch institution without arguably its two most famous names after Saturday’s 47th season finale. Aidy Bryant and Kyle Mooney will also leave the cast after the episode hosted by Natasha Lyonne. The departures represent one of the biggest cast shake-ups in years on a show that has seen unusual steadiness in recent seasons. McKinnon, 38, won two Emmys and was nominated for nine in her 10 seasons on the show, during which her impressions included Hillary Clinton, and former Attorney General Jeff Sessions. CORRECTION*
Gavin Newsom: ‘I’m Hopeful’ Kamala
Harris Will Be ‘the Next President of
the United States’ 28 replies
Harris Will Be ‘the Next President of
the United States’ 28 replies
California Gov. Gavin Newsom (D) said Thursday that he is “hopeful” Vice President Kamala Harris will be “the next president of the United States.” Newsom’s comments came during an interview with the San Francisco Chronicle editorial board. The board asked Newsom, who is running for a second term this mid-term election cycle, “if he would promise to voters that he wouldn’t run for president before the end of that term,” which would expire in 2027.“Yeah, I mean, I have sub-zero interest. It’s not even on my radar,” he said, adding that Harris, who has drawn criticism regarding her performance as vice president, should succeed President Joe Biden, the Chronicle noted.
The last several weeks in the United States have been a wild ride. Everything that could go wrong, short of a full-blown apocalyptic situation, has gone wrong. The stock market is currently in the midst of a collapse, with the Dow Jones losing nearly 5,000 points over the last 30 days. Inflation clocked in at 8.3% for April, representing another crushing blow to Americans. Of course, gas prices continue to break milestones on a daily basis.
Meanwhile, the border crisis is completely out of control, with the only somewhat positive news being that a court blocked the Biden administration’s push to lift Title 42,
The Biden administration privately acknowledged late last month that a mathematical error is delaying the federal government’s offshore oil and gas program.
In an April 29 letter to industry leaders obtained by the Daily Caller News Foundation, the head of the National Oceanic and Atmospheric Administration says that a subagency “discovered a miscalculation” that has caused a massive backlog in permitting.
Richard Spinrad acknowledged in his letter that the National Marine Fisheries Service—the subagency tasked with analyzing the impact of offshore drilling projects on wildlife—has used faulty computer modeling on such impacts. As a result, Spinrad wrote, the subagency overestimated wildlife effects, delaying permitting on existing leases.
An NYC patient has tested positive for the same genus virus as monkeypox sparking calls from the health department for residents to wear masks indoors—just as New Yorkers were finally returning to mask-free normalcy after COVID-19. The CDC is still waiting for confirmation that it is monkeypox, after the patient tested positive for orthopoxvirus—the genus of viruses that includes smallpox, cowpox, horsepox, camelpox, and monkeypox. City officials say a second possible monkeypox patient tested negative for the virus.
The health department is encouraging New Yorkers to wear face masks to protect against the new virus outbreak, as well as COVID-19 and the flu.
Democratic gubernatorial candidate Stacey Abrams declared Saturday that Georgia is "the worst state in the country to live," despite owning at least two houses there. "I’m running for governor because I know that we have to have a conversation about who we are in this state and what we want for each other and from each other," Abrams said during a speech at the Gwinnett Democrats' Bluetopia Gala in Norcross, according to audio posted by the Gwinnett Daily Post. "I am tired of hearing about how we’re the best state in the country to do business when we are the
More than 70,000 pounds of baby formula arrived in the United States on Sunday via military aircraft, President Joe Biden announced, as his top economics adviser pledged stores could see replenished supplies 'as early as this week.' The shipment from the US military's Ramstein Air Base in Germany is the first in Biden's Operation Fly Formula program, aimed at ramping up international imports of baby formula to raise US supply. It's one of several measures the president unveiled to mitigate the increasingly dire baby formula shortage that's plaguing Americans nationwide - which has already led to multiple reports of hospitalized children.