Stocks dive to another losing week as
inflation worsens
Posted By: Imright, 6/10/2022 7:43:20 PM
NEW YORK— Wall Street’s shuddering realization that inflation got worse last month, not better as hoped, sent markets reeling on Friday.The S&P 500 sank 2.9% to lock in its ninth losing week in the last 10, and tumbling bond prices sent Treasury yields to their highest levels in years. The Dow Jones Industrial Average lost 2.7%, and the Nasdaq composite dropped 3.5%. Wall Street came into Friday hoping a highly anticipated report would show the worst inflation in generations slowed a touch last month and passed its peak. Instead, the U.S. government said inflation accelerated to 8.6% in May from 8.3% a month before.
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The FBI knew the Trump-Russia collusion narrative was utter bunk even as it suggested otherwise to Congress, the courts and the public early in 2017. Evidence revealed by special counsel John Durham proves it beyond dispute. At RealClearInvestigations, Paul Sperry lays out the case.Declassified for Durham’s probe, a March 2017 memo prepared by Lisa Page for FBI head James Comey’s meeting with Congress’ “Gang of Eight” — the bipartisan House and Senate leaders who oversee the most classified stuff — was a total cook-up job. It advised Comey to present accusations that Trump’s campaign chair Paul Manafort and foreign policy adviser Carter Page were working with the Russian government
A senior software engineer at Google who signed up to test Google's artificial intelligence tool called LaMDA (Language Model for Dialog Applications), has claimed that the AI robot is in fact sentient and has thoughts and feelings.During a series of conversations with LaMDA, 41-year-old Blake Lemoine presented the computer with various of scenarios through which analyses could be made.They included religious themes and whether the artificial intelligence could be goaded into using discriminatory or hateful speech. Lemoine came away with the perception that LaMDA was indeed sentient and was endowed with sensations and thoughts all of its own.
A man stormed the stage during the 'March for our Lives' protest against gun violence, causing an stampede as thousands of attendees fled in terror when he reportedly threw an object at the audience. More than 5,000 people attending the event at the National Mall in Washington, DC, cowered on the floor after the unidentified pro-gun protester came onstage during a moment of silence.'I am the gun I am using! I am not shooting a school,' the man said as security personnel attempted to escort him off the stage, before seemingly throwing a can at rally attendees behind the barricades.
Biden once again shows contempt for Trump,
nixes design for Air Force One for laughable reason 7 replies
nixes design for Air Force One for laughable reason 7 replies
In yet another petty move that not only looks like a slap at former President Donald Trump but smacks of being unAmerican as well, President Joe Biden has scrapped the new red, white, and blue design for Air Force One.The unpatriotic move by the Biden administration comes after an Air Force review suggested it would need to raise costs and delay the delivery of the new jets.
Boeing is in the midst of modifying two Boeing 747-800 aircraft that will display the Air Force One callsign when the president is on board to replace the existing fleet of two aging Boeing 747-200 aircraft. In 2018, Trump ordered
The National Park Service announced last week that Yellowstone National Park’s Mount Doane would be renamed First Peoples Mountain. The agency said Thursday the change was taken to remove an “offensive name” from America’s first national park.The US Board on Geographic Names voted unanimously, 15-0, affirming the decision. The Wyoming mountain stands at 10,551 feet east of Yellowstone Lake. The mountain was previously named after explorer Gustavus Doane.
On Saturday 31 members of the Patriot Front group, an alleged white supremacist group, were arrested in Idaho on the way to a protest. They traveling to a gay pride event with shields in the back of a Uhaul. Kristinn Taylor reported on the Patriot Front arrests earlier tonight.(Photo) Following the arrest today a local police officer admitted that they knew about the planned protests because the Patriot Front was infiltrated by law enforcement.
Joe Biden stops making sense… again.On Friday, after the catastrophic inflation numbers were released, Joe Biden gave a speech to the press. Biden assured Americans, “We’re continuing to working to bring down food prices and gas prices to save family’s mother, money.” Well, that’s reassuring! Got to save mother! And, once again, the mainstream media continues to ignore this guy’s dementia. (Tweet/Video)
During a Wednesday House Oversight and Reform Committee hearing on gun violence, Democratic socialist Rep. Alexandria Ocasio-Cortez told colleagues the escalation in the frequency of school shootings, which she established is unique to the U.S., is “internationally embarrassing and delegitimizing.” The congresswoman from New York asked National Education Association President Becky Pringle, “Between 2009 and 2018, how many school shootings did the United States have?”Pringle replied, “288.”
We’ve seen a lot of fake news, particularly over the last few years. A lot of that is because they’re trying to spin everything into a Democratic narrative.But some of it is just bad journalism. As we previously reported, we saw NBC’s “Meet the Press” reach out to Zack Brown, who was a former aide to Rep. Don Young (R-AK), asking if Young would come on for an interview with Todd. There was just one small problem, as Brown then noted in his response to them. (Tweets) Young died in March, and “Meet the Press” had even done a very nice tribute to him as the then-longest-serving member of Congress.
Here is the Updated List of US-Based Food
Manufacturing Plants Destroyed Under Biden Administration 15 replies
Manufacturing Plants Destroyed Under Biden Administration 15 replies
Joe Biden’s ‘Build Back Better’ is not working as planned, or is it?Gas prices are at record highs, stock markets are down, parents are having difficulty finding a baby formula, and the cost of everything is way up.According to the U.S. Department of Agriculture (USDA), there are currently no nationwide food shortages in the country.“There are currently no nationwide shortages of food, although in some cases the inventory of certain foods at your grocery store might be temporarily low before stores can restock,”
The richest man in the world was once a supporter of President Joe Biden, but over the past year Elon Musk's relationship with the White House has turned sour.The two men have continually traded jabs since Biden took office in 2021.Most recently, the president appeared to mock Musk's fixation with outer space in response to a question regarding the billionaire's comments that the US is in the midst of a recession.In his response, the president highlighted Ford's investment in electric-cars and its union over Tesla."While Elon Musk is talking about that, Ford is increasing their investment overwhelmingly," Biden said regarding Musk's pessimism.
One of the finishing blows to Rep. Mo Brooks’ (R-AL) bid for U.S. Senate in Alabama came late Friday from former President Donald Trump.Despite having surged late in last month’s Alabama U.S. Senate Republican primary to make the runoff, Trump opted to endorse former Business Council of Alabama president and CEO Katie Britt over Brooks. (Snip) Statement as follows: Last year, I endorsed Mo Brooks for U.S. Senate because I thought he was a Fighter, especially when it came to the Rigged and Stolen Presidential of 2020. The evidence is irrefutable. Then out of nowhere, for no reason, Mo backtracked and made a big mistake by going Woke
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“But that’s not what’s worrying me. It’s how to do it. These things must be done delicately… …or you hurt the spell.”
—Wicked Witch of the West in The Wizard of Oz
The bad witch has a point. An incumbent president’s own party dumping him without taking the party to rack and ruin would be unprecedented and would require an extraordinarily light touch. It goes without saying that it has to look like leaving was the president’s idea or else his partisans — and Biden has more than a few — would scream bloody murder and rip the party to shreds.
Yet there is a consensus
Morning Joe's Richard Haass: We Need To
Get The Republican Party Back To Liz Cheney Republicanism 32 replies
Get The Republican Party Back To Liz Cheney Republicanism 32 replies
Richard Haass, the president of the Council on Foreign Relations, told 'Morning Joe' on Wednesday that Liz Cheney Republicanism is conservative: "What we see today is that Republicans have ceased to be conservatives, and modern day Republicanism has become radicalism. It's become populist. (snip) That, to me, is obviously an unbelievably dangerous departure.
(snip) Can we basically get to a point where Liz Cheney Republicanism, which by the way is extremely conservative in her policies, whether we can get back to the point that regains control of the Republican party?
Democrats are doing all they can to distract from the horrible inflation which just hit new heights of bad. Their hope was the Jan. 6 Committee. But that isn’t going over so well. Now, we know we’ve had a lot of Jan. 6 coverage, but before I head off for more salient things, I couldn’t help but comment on the reaction of Rep. Alexandria Ocasio-Cortez (Delusional-NY).
AOC was teary, saying on Instagram she was “so angry” having to “relive that footage.” Her Instagram post said, “I’m shaking all over again.” “We were trapped on the campus with no way out.”
“On a personal level, I wasn’t expecting it to feel like this,”
The Biden administration is planning to push a policy that would require tobacco companies to reduce the level of nicotine in cigarettes sold in the U.S. The policy would see the amount of nicotine reduced to 'nonaddictive levels'.Although it would likely not come into force for several years, the move would likely disrupt the entire tobacco industry.Smokers needn't be too concerned in the short terms with a number of hurdles still to be passed.
VERNON, Calif. -- Meat-packing giant Smithfield Foods said Friday it will close its only California plant next year, citing the escalating cost of doing business in the state. The Farmer John meat-packing plant in Vernon, an industrial suburb south of Los Angeles, will shut down in February, with its 1,800 employees receiving severance and job placement support along with bonuses for those who choose to stay on the job until the closure, said Jim Monroe, vice president of corporate affairs. (Snip) “Our utility costs in California are 3 1/2 times higher per head than our other locations where they do
Representative Alexandria Ocasio-Cortez (D., N.Y.) bragged about her efforts to block legislation that would increase security for Supreme Court justices shortly after authorities foiled an alleged assassination attempt against Justice Brett Kavanaugh.
Ocasio-Cortez posted a video to her Instagram Stories on Thursday in which she claims to walk to the floor of the House of Representatives to object to unanimous consent for legislation, Newsweek reported.
The progressive “Squad” member said in the video that Thursday was a “fly out day” when many members of Congress left Washington, D.C., for their home districts.
Despite being an advocate of “civility,” “decency,” and “unity” in the past, Rep. Chrissy Houlahan (D-Pa.) has apparently been so radicalized by her caucus that she now says the Republican Party is “diseased” and must be “cleansed.”
“This is, in my opinion, a diseased Republican Party. And it needs to be cured and cleansed,” Houlahan said on the Daily Beast‘s The New Abnormal podcast last month. “So the stakes of having a Republican, as an example, in my seat are more than just policy differences. They are democracy, in my opinion.”
The GOP is “diseased” and must be “cleansed?” Where have you heard such rhetoric before? It bears a shocking
On Wednesday, President Joe Biden told television host Jimmy Kimmel in an interview that he is considering signing an executive order to protect abortion in the event the United States Supreme Court overturns Roe v. Wade. This comes after a leaked draft opinion from the Court case Dobbs v. Jackson Women’s Health Organization showed the Justices poised to overturn Roe.
“I think if the Court overrules Roe v. Wade and does what its draft –”
“Well, we fear they will,” Kimmel interjected.
“Well, if that occurs, I think we have to, we have to legislate it. We have to make sure we pass legislation making it a law, that is,
A senior software engineer at Google who signed up to test Google's artificial intelligence tool called LaMDA (Language Model for Dialog Applications), has claimed that the AI robot is in fact sentient and has thoughts and feelings.During a series of conversations with LaMDA, 41-year-old Blake Lemoine presented the computer with various of scenarios through which analyses could be made.They included religious themes and whether the artificial intelligence could be goaded into using discriminatory or hateful speech. Lemoine came away with the perception that LaMDA was indeed sentient and was endowed with sensations and thoughts all of its own.
The National Park Service announced last week that Yellowstone National Park’s Mount Doane would be renamed First Peoples Mountain. The agency said Thursday the change was taken to remove an “offensive name” from America’s first national park.The US Board on Geographic Names voted unanimously, 15-0, affirming the decision. The Wyoming mountain stands at 10,551 feet east of Yellowstone Lake. The mountain was previously named after explorer Gustavus Doane.
The case of Aaron Rodgers’ alleged new girlfriend Blu of Earth took a turn Thursday night when Blu fired up Instagram Story to clarify a couple of items that were reported when news broke of their relationship.
A tipster told Awesemo Side Action that Blu of Earth identified as a "witch" and also claimed, "she’s a medicine woman."
Ex-Fox News personality-turned-NewsNation political editor and Fox critic Chris Stirewalt broke news when he told anchor Adrienne Bankert that he’s been called to testify before the Jan. 6 committee on Monday. Stirewalt has become a frequent and vociferous critic of his former employer and its handling of the Jan. 6 attack on the Capitol, and now he’ll take the witness chair at the bombshell hearings investigating that attack. On Friday morning’s edition of NewsNation’s Morning In America with Adrienne, Bankert asked for Stirewalt’s take on Thursday night’s hearing but got a big scoop instead. “I should first disclose, I should