Rising Risk of Recession Creates New Headache
for Biden
Posted By: NorthernDog, 5/22/2022 9:52:29 PM
The Federal Reserve’s efforts to slow inflation are raising the possibility of higher unemployment, a slower-growing economy and a recession, prospects that could create new headaches for the Biden administration. As the country heads into midterm-election season, much of the political discussion has centered around solid economic growth and robust employment versus the damaging impact of inflation. More recently, warnings about the prospect of an economic downturn—which could come in 2023 according to some estimates—have complicated the economic picture in a new way. Mr. Biden and his advisers are already grappling with inflation trending near a four-decade high, wavering consumer
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Monkeypox spread likely "amplified" by
sex at 2 raves in Europe, leading WHO
adviser says 12 replies
sex at 2 raves in Europe, leading WHO
adviser says 12 replies
A leading adviser to the World Health Organization described the unprecedented outbreak of the rare disease monkeypox in developed countries as "a random event" that might be explained by risky sexual behavior at two recent mass events in Europe. In an interview with The Associated Press, Dr. David Heymann, who formerly headed WHO's emergencies department, said the leading theory to explain the spread of the disease was sexual transmission among gay and bisexual men at two raves held in Spain and Belgium. Monkeypox has not previously triggered widespread outbreaks beyond Africa, where it is endemic in animals. "We know monkeypox
DENVER – It used to be the source of bragging rights in Denver; a ranking in the top five of the best places to live in the country as ranked by US News and World Report. But, last year Denver dropped to 14th on the list. This year, the Mile High City is all the way down to 55th. No doubt the cost of living in the city has hurt its reputation. (Snip) “Crime is one factor within that larger index that we look at where Denver doesn’t perform that well. It ranks 137th out of 150 for crime.” Other
The Federal Reserve’s efforts to slow inflation are raising the possibility of higher unemployment, a slower-growing economy and a recession, prospects that could create new headaches for the Biden administration. As the country heads into midterm-election season, much of the political discussion has centered around solid economic growth and robust employment versus the damaging impact of inflation. More recently, warnings about the prospect of an economic downturn—which could come in 2023 according to some estimates—have complicated the economic picture in a new way. Mr. Biden and his advisers are already grappling with inflation trending near a four-decade high, wavering consumer
Karine Jean-Pierre made her historic debut as White House press secretary this week. And after watching her first four performances as the president’s spokesperson, only one word sums it all up: amateur. To be sure, White House press secretary is one of the hardest white-collar jobs in the world, if not the hardest. Oftentimes, as we witnessed with Jean-Pierre’s predecessor, Jen Psaki, the job calls for defending the indefensible. And when 79 percent of voters believe the country is headed in the wrong direction, and when the public’s approval of the president’s handling of the economy and the border is
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
As the sun set on Millennium Park a day after the extraordinary move by the mayor to limit teens’ access to the city’s premier outdoor space, a janitor quietly swept away the simple, stark memorial of tea lights that were arranged in the number “16.” The small white candles to commemorate a Chicago teenager who was shot and killed at The Bean were there for less than an hour as tourists walked by. After sweeping the lights that represented the teen’s age into his dustpan, the janitor said he didn’t know what they were even there for. Gun-violence memorials, while
Lt. Gov. Mandela Barnes entered the Wisconsin Democratic Senate primary with all the makings of an automatic front-runner: statewide name recognition, a national profile, big endorsements and a cushy lead in early polling. Then a multimillionaire opponent plowed more than $5 million into a flood of TV ads — all while Barnes was dark. (Snip) It all culminated this week in a burst of activity as Barnes and his allies moved to reignite the star power that once made the only Black candidate in the field the early favorite to face Republican incumbent Sen. Ron Johnson in a fall contest that
The Pennsylvania Republican U.S. Senate primary election is still too close to call, the Associated Press reported Friday. The AP, which is the official source the Pittsburgh Post-Gazette and several media outlets use to call races, said Friday it would not be making a call in the race that will likely head into a statewide recount between celebrity heart surgeon Mehmet Oz and former hedge fund CEO David McCormick. As of 5 p.m. Friday, just 1,079 votes separated Mr. Oz from Mr. McCormick. Mr. Oz was leading Mr. McCormick by 0.08%, which is well within the requirements for an automatic
SEOUL — One of President Biden’s security officers was arrested and accused of assaulting a South Korean citizen in Seoul a few hours before Biden arrived in the country, according to South Korean police. The individual was detained early Thursday, an official with Seoul’s Yongsan district police said Friday. The official, who spoke on the condition of anonymity because he was not authorized to discuss the incident, declined to comment further. South Korea’s Chosun Ilbo newspaper, which first reported the case Friday, said the suspect was allegedly drunk and got into a fight with a South Korean over a taxi
California energy officials issued a sobering warning this month, telling residents to brace for potential blackouts as the state’s energy grid faces capacity constraints heading into the summer months. And since the state has committed to phase out all new gas-powered vehicles by 2035 — well ahead of federal targets — the additional load from electric vehicle (EV) charging could add more strain to the electric grid. “Let’s say we were to have a substantial number of [electric] vehicles charging at home as everybody dreams,” Ram Rajagopal, an associate professor of Civil and Environmental Engineering at Stanford University, who authored
OREGON CITY, Ore. — — Thousands of ballots with blurry barcodes that can't be read by vote-counting machines will delay results by weeks in a key U.S. House race in Oregon's primary election, a shocking development that is giving a black eye to a vote-by-mail pioneer state with a national reputation as a leader on voter access and equity. (Snip) Elections workers must pull the faulty ballots from batches of 125, transfer the voter's intent to a fresh ballot, then double-check their entries — a painstaking process that could draw the election out until June 13, when Oregon certifies its vote. The workers
WASHINGTON — The United State Senate on Thursday overwhelmingly passed a $40 billion aid package for Ukraine in its war against Russia. However, three Democratic senators were not present for the final vote, including one from Ohio. Sen. Sherrod Brown was not on the floor due to what is being called a health concern. Brown's office told the Associated Press he woke up "not feeling well" and ended up undergoing tests at George Washington University Hospital, and is currently resting at home. Brown was expected to be a firm "yes" vote on the bipartisan bill, having previously said that Ukraine "needs
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The San Francisco Examiner's editorial board wrote a scathing rebuke of the city’s archbishop, Salvatore Cordileone, after he announced he would deny Speaker of the House Nancy Pelosi, D-Calif., Holy Communion, over her staunch support for abortion. (snip) In response, the liberal editorial board blasted the Catholic leader for "punishing" Pelosi, instead of "right-wing politicians" who "[vote] against health care or funding for the poor."
They defended Pelosi as a leader who has "consistently fought on the morally right side of these issues," and praised her as a role model for women.
The editorial board argued that by denying Pelosi Holy Communion, the archbishop wasn’t being loyal to Christ.
Fox News' former chief political correspondent has joined a chorus of voices calling for serious repercussions against Tucker Carlson - one of the network's most prominent voices. Carl Cameron was asked: 'Do you think the Murdoch family in charge of Fox will ever pull the plug on Tucker?' during an interview with CNN's Jim Acosta on Saturday.Cameron, 60, went on to compare Carlson's broadcasts to falsely shouting fire in a crowded movie theater.
'The fact of the matter is, if you disturb the peace by starting a riot in a movie theater, cops are going to arrest you and you might end up in jail or
Netflix's recent axing of 290 staff targeted many of the firm's wokest workers who are prolific social justice warriors on social media, it has been claimed.
The struggling streaming service has pulled the plug on several projects that were aimed at discussing race and LGBTQ issues, Variety reported, and axed the diverse employees working on and promoting them.
A total of 150 recruitment workers were fired, as well as another 70 animators, and 70 contractors working on promotional materials for the firm including social media and publishing. Those promotional workers were assigned to work on Netflix projects Strong Black Lead, the Asian American-focused Golden, the Latino-focused
Biden says monkeypox something to ‘be
concerned about’; LGBTQ+ festival in
Spain linked to outbreak 35 replies
concerned about’; LGBTQ+ festival in
Spain linked to outbreak 35 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
Republican Rep. Liz Cheney warned that Donald Trump is a threat to the United States the likes of which 'we have never faced before' in a Sunday evening speech. Wyoming's lone House Representative was among the recipients for this year's John F. Kennedy Profile in Courage Awards.Her acceptance speech drew parallels between the Civil War and last year's US Capitol attack in the pivotal tests they presented for the country's democratic institutions. Cheney discussed the historic importance of a peaceful transfer of power - which she said 'has been honored by every American president, except one' -
WSJ Editors Eviscerate Hillary, Lapdog
Media in Blistering Op-Ed About Russia
Collusion Lies 32 replies
Media in Blistering Op-Ed About Russia
Collusion Lies 32 replies
It’s time to drop the words “fake news,” “hoax,” and any other descriptor short of blatant and purposeful lies, in reference to Hillary Clinton’s engineering, oversight, and final approval of releasing to the sock-puppet media a preposterous fairy tale that even the worst of armchair sleuths could spot as complete bullcrap. Why do I make such a “bold” statement? When even the Wall Street Journal editorial board publishes a blistering editorial titled Hillary Clinton Did It, in which it calls Clinton’s lies a “dirty trick for the ages,” that is newsworthy. Are you listening, Hillary The Russia-Trump collusion narrative of 2016 and beyond was a dirty trick for the ages,
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.
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*
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.
Out of touch as ever, President Biden celebrated record-high gas prices Monday, gushing that the pump pain was part of “an incredible transition” of the US economy away from fossil fuels. “[When] it comes to the gas prices, we’re going through an incredible transition that is taking place that, God willing, when it’s over, we’ll be stronger and the world will be stronger and less reliant on fossil fuels when this is over,” Biden said during a press conference in Japan following his meeting with Prime Minister Fumio Kishida.The president then insisted that his administration’s actions, rather than increasing the price of gas, had actually been able to “keep it
The auto insurance company State Farm is encouraging its agents in Florida to donate books promoting transgenderism to 5-year-olds to their local schools or public libraries, according to an email shared by a whistleblower.
The email, obtained by the nonprofit organization Consumers' Research and shared with the Washington Examiner, revealed that State Farm has partnered with the GenderCool Project, which promotes issues of gender identity in children through various advocacy and public awareness programs, to donate a packet of three books to local schools and public libraries.
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
Comments:
Posted from ungated website. Millions are still sitting on the sidelines collecting government handouts without adding any productivity to the economy. In the meantime workers see themselves falling into financial quicksand with no way out.