Inflation Soars 8.5 Percent in July, Hovering
around Four-Decade High
Posted By: Dreadnought, 8/10/2022 11:09:26 AM
Inflation surged 8.5 percent in July compared to the same month last year, down slightly from the four-decade high reached in June, the Labor Department announced Wednesday. The Consumer Price Index, a key measure of the cost of goods and services, dropped slightly due to a decline in record-high fuel prices which drove the previous month’s historic inflation spike. The increase also beat expectations as economists surveyed by Dow Jones expected headline CPI to increase 8.7 percent year-over-year in July. Excluding volatile food and fuel prices, core inflation rose 5.9 percent annually and 0.3 percent monthly.
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Austin Texas - Democrat Beto O’Rourke responded to a heckler at a campaign stop with an expletive after the Texas gubernatorial candidate heard a cackled laugh while criticizing the ease with which the Uvalde elementary school gunman legally purchased an AR-15-style rifle.
By Thursday, video of O’Rourke’s exchange at a town hall in rural Mineral Wells had drawn millions of views on social media, becoming the latest instance in which O’Rourke has gotten attention for his calls for stricter gun laws following one of the deadliest classroom shootings in U.S. history.
O’Rourke on Wednesday was railing against how the 18-year-old gunman in Uvalde was able to legally purchase a weapon “originally designed
The Justice Department on Thursday moved to unseal a warrant authorizing a search of former President Trump’s Mar-a-Lago estate this week following escalating demands for answers about the unprecedented investigation.
“The public’s clear and powerful interest in understanding what occurred under these circumstances weighs heavily in favor of unsealing,” Justice Department lawyers wrote in a court filing submitted Thursday afternoon. The move is a departure from the department’s typical practice of staying silent about ongoing investigations, underscoring the significance of the first overt sign of an escalating criminal probe
Armed suspect at FBI Cincinnati office
launches Ohio police chase, shots fired
during standoff 13 replies
launches Ohio police chase, shots fired
during standoff 13 replies
A potential threat at an FBI field office in Ohio sent police on a chase after an unknown suspect who remains at large Thursday morning, according to a source and local reports.
A law enforcement source confirmed to Fox News an incident happened at the FBI Cincinnati Field Office involving an armed suspect who fled the scene.
Unconfirmed information shared internally among agents suggested the suspect possibly brandished a nail gun and an AR-15 style rifle, the source said.
Law enforcement pursued chase, and the suspect traveled about 60 miles northwest before the pursuit ended at I-71 and Hwy 73. Multiple shots were fired during a standoff, according to the source.
John Solomon, founder and editor-in-chief of Just the News, noted on Tuesday’s edition of the Breitbart News Daily podcast with host Alex Marlow that whistleblowers from the Federal Bureau of Investigaion (FBI) warned of “political manipulation” at the FBI’s Washington Field Office, which conducted a raid on Monday of former President Donald Trump’s personal residence at Mar-a-Lago in Palm Beach, Florida.
FBI Director Christopher Wray has not “taken” the whistleblowers’ allegations of partisan political corruption at the FBI “as seriously as the proof and evidence now merit,” Solomon stated.
Their Desperation to Stop Trump Isn't
Just About Keeping Power, It's Fear of
His Retribution 13 replies
Just About Keeping Power, It's Fear of
His Retribution 13 replies
The raid on Mar-a-Lago says a lot about where we are as a country but if you look closely it says a lot less about us and a lot more about the Democrats.
As I spent a lot of time explaining during Wednesday’s RedState LIVE!, the Democrats have shown just how desperate they are to stop Trump, so much so that they’ll cook up one of the worst excuses to raid anyone in the history of ever, and a former president no less. It’s abundantly clear that they fear him running in 2024 and are searching relentlessly for something, anything, that might prohibit him from being a candidate.
But it’s not just
We are all waiting to see the next steps establishment Washington takes following the raid at Mar-a-Lago. As details emerge, the reason for the intrusive spectacle becomes less clear. It has undoubtedly divided Americans along partisan lines. However, the obvious political persecution of the former president is drawing some new lines. People notice when you put that kind of banana republic nonsense on top of a horrible economy. According to a new poll from Convention of States and Trafalgar Group, the majority of Independents, 53.9%, believe Trump’s political enemies are behind the FBI Raid. They join 76.7% of Republicans who hold the same view. The two groups are also aligned on enthusiasm
Middle-class Americans to bear brunt of
IRS audits under Dem inflation bill, analysis shows 8 replies
IRS audits under Dem inflation bill, analysis shows 8 replies
Americans who earn less than $75,000 per year are slated to receive 60% of the additional tax audits expected under Democrats' spending package, according to an analysis released by House Republicans. The analysis, which is a conservative estimate based upon recent audit rates and tax filing data, shows that individuals with an annual income of $75,000 or less would be subject to 710,863 additional Internal Revenue Service (IRS) audits while those making more than $1 million would receive 52,295 more audits under the bill. The legislation, the Inflation Reduction Act, would roughly double the IRS' budget to increase enforcement and, therefore, federal tax revenue.
Breaking: DOJ source calls raid a 'spectacular
backfire,' claims AG Garland didn't approve it 24 replies
backfire,' claims AG Garland didn't approve it 24 replies
It seems the DOJ has decided to leak an explanation of their decision to use a search warrant in this case. Newsweek just published an exclusive report based on anonymous DOJ sources which claims the FBI had a confidential source at Mar-a-Lago, one who informed them that Trump was hiding documents and even specified where they could be found.
The raid on Mar-a-Lago was based largely on information from an FBI confidential human source, one who was able to identify what classified documents former President Trump was still hiding and even the location of those documents, two senior government officials told Newsweek.
Before we go any further, remember
Washington - The Department of Justice charged an Iranian national on Wednesday for plotting to assassinate former President Donald Trump's national security advisor John Bolton.
Shahram Poursafi, 45, of Tehran, Iran, tried to arrange the killing of Bolton in retaliation for the January 2020 death of Iran's Islamic Revolutionary Guard Corps commander Qasem Soleimani, according to court documents. Poursafi, a member of Iran's Islamic Revolutionary Guard Corps, attempted to pay individuals in the United States in October 2021 a reward of $300,000 to carry out the plot in either Washington, D.C. or Maryland.
Inflation came in a smidge under expectations in July and — this time, for sure, they mean it — Presidentish Joe Biden’s economy has bottomed out and prosperity is just around the corner.
To hear CNN and other state organs tell the story, that is. Markets are up on the news, probably because traders expect the Fed to use any handy excuse to stop the interest rate hikes.
I haven’t seen this big a celebration since our most recent battlefield victory over Eastasia, with whom Oceania has always been at war. Unless we’ve always been at war with Eurasia.
Just like the glorious economic news,
Inflation surged 8.5 percent in July compared to the same month last year, down slightly from the four-decade high reached in June, the Labor Department announced Wednesday.
The Consumer Price Index, a key measure of the cost of goods and services, dropped slightly due to a decline in record-high fuel prices which drove the previous month’s historic inflation spike. The increase also beat expectations as economists surveyed by Dow Jones expected headline CPI to increase 8.7 percent year-over-year in July.
Excluding volatile food and fuel prices, core inflation rose 5.9 percent annually and 0.3 percent monthly.
Former president Trump announced Wednesday that he invoked the Fifth Amendment and refused to answer questions in New York attorney general Letitia James’ civil investigation into his family’s real-estate holdings.
“Under the advice of my counsel and for all of the above reasons, I declined to answer the questions under the rights and privileges afforded to every citizen under the United States Constitution,” Trump said in a statement. “I once asked, ‘If you’re innocent, why are you taking the Fifth Amendment?’ Now I know the answer to that question.”
Trump arrived at James’s office Wednesday morning to be deposed after his children Ivanka Trump and Don Jr.
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The FBI director and staff have seen a surge in threats and are considering steps to improve their security following the raid on Mar-a-Lago, according to sources.
Allies of Donald Trump have heaped abuse on the FBI and the Department of Justice ever since it emerged that agents had arrived at former president's Florida home on Monday.
Authorities monitoring social media posts are reporting a significant rise in death threats directed at FBI agents, its director Christopher Wray, Attorney General Merrick Garland, according to Fox News.
Award-winning ESPN reporter Mechelle Voepel is transitioning from female to male and will now be going by 'M.A. Voepel' while using he/him pronouns. Voepel revealed his transition on Tuesday, saying he wants to accept the Curt Gowdy Media Award from the Basketball Hall of Fame next month as his 'authentic self.' 'In sports media, we're lucky to tell stories of others' journeys,' Voepel tweeted Tuesday. 'We have our own, too. Part of mine is being transgender, and I'm transitioning to male. Byline now M.A. Voepel, pronouns he/him. Please feel free to call me Voepel, MV, Michael, Mike; I'm good with them all.
The Florida magistrate judge who reportedly signed off on the FBI’s raid of former President Donald Trump’s home allegedly disparaged the former president and shared “woke” content on what appears to be his personal Facebook page.
Josiah Lippincott, a Hillsdale College Van Adel Graduate School of Statesmanship Ph.D. candidate and writer, first reported that Bruce Reinhart — the suspected judge who approved the raid of Mar-a-Lago — apparently denigrated then-president-elect Trump in 2017 via Facebook.
In a Facebook post screenshotted by Lippincott and reviewed by Defiant America Reinhart wrote,
President Joe Biden and his family left Washington Wednesday for a week-long vacation on Kiawah Island in South Carolina. Biden's motorcade pulled up to the tarmac at Joint Base Andrews with first lady Jill Biden, son Hunter Biden and wife Melissa Cohen, and grandson baby Beau Biden in tow. The president was holding his grandson's hand. Baby Beau waved at the military greeter, as the president saluted—while the first lady helped him up Air Force One's stairs.(Snip)The White House has not said how long the Bidens will be on the private island but there are FAA flight restrictions in place through Tuesday. Those restrictions are standard
Georgia's Democratic gubernatorial candidate Stacey Abrams has tested positive for COVID-19. "This morning I took my daily COVID test and tested positive for COVID-19," she tweeted on Wednesday. "Before my speech yesterday, I tested negative. Today I’m experiencing mild symptoms, and I’m grateful to have been vaccinated and boosted." Abrams said she would be spending the next few days at home, and taking meetings using Zoom and her phone. "I look forward to getting back on the road and meeting folks across Georgia soon," she said.
We are here because we discuss uncomfortable truths. We accept things as they are, and not as we would wish them to be.
Since the original innocuous tweet 48 hours ago, from a private account, which did not even use the name “Trump,” Florida Governor Ron DeSantis has been absolutely silent about the illicit FBI raid on the home of Florida citizen and former President Donald J Trump. DeSantis is showing us all who he really is; but are you willing to accept it?
If Donald Trump was going to run again, we assumed that the media would once again be the former president's largest pool of support, unwittingly, of course, with the nonstop negative coverage that would have only pushed more voters into his corner. Matt Taibbi noted that they're the "kingmakers of suck," arrogant, and more concerned with expounding on their moral superiority than covering the elections properly. Post-Russian collusion hoax, no one believes them, as evidenced by the appalling trust numbers the American public has given this industry over the past five or so years. That all ended last night.
Senate Minority Leader Mitch McConnell (R-KY) refused to answer questions about the FBI’s raid on Mar-a-Lago, the home of former President Donald Trump.
During a press event, when McConnell was asked about his reaction to the FBI’s raid at Mar-a-Lago, he quickly responded, “I’m here today to talk about the flood and the recovery from the flood.”
Watch:(Tweet/Video) Breitbart News attempted to reach McConnell’s office for comment earlier Tuesday morning and has not heard back by the time of publication. The minority leader has not made any public announcement regarding the raid and has appeared to show no concern.
President Joe Biden has been holding a series of secret meetings with historians, policy experts and even former President Bill Clinton, a new report revealed Thursday, as he navigates a variety of problems facing the nation.
Biden met with a group of scholars last week on August 4, the same day a fierce lightning storm raged across Washington D.C., where they told him it a perilous moment in modern day political history, the Washington Post reported.
The historians compared Biden's moment in history to the 1860 election when Abraham Lincoln warned that a 'house divided against itself cannot stand'
When the FBI raided Trump’s home in Mar-a-Lago, it didn’t just senselessly root through the former President’s files, crack open his safe, and snatch up boxes of documents to confiscate for whatever anti-Trump investigation they have going on.
Though all that seems to have happened during the banana republic-like raid, the FBI did something else, something even more horrific: it rooted through Melania Trump’s clothes, rifling through her outfits and underwear in what can be interpreted as nothing other than a gross attempt at humiliating the former president and his family.
IRS Job Page Removed After Alarming Description
of the Special Agent Position Got Exposed 28 replies
of the Special Agent Position Got Exposed 28 replies
Again, there’s that long-running joke that we don’t have a secret police force or an American version of the Schutzstaffel because the Internal Revenue Service exists. Of all agencies in the government, this one probably has the most accurate and up-to-date files on every taxpayer, which is no surprise. It was seen as the most hated agency in America for legitimate purposes, though the FBI and DOJ might have supplanted them given the recent raid on Trump’s Mar-a-Lago.
Still, the IRS becoming secret police might no longer be a joke. The page was taken down for problematic copy regarding the special agent positions,
Even before Congress and President Joe Biden give the final OK for the IRS to hire 87,000 more agents in an $80 billion package, the tax agency is revealing a priority job category that could get first dibs on the huge budget expansion. On its jobs page is a listing of vacancies for special agents to be placed around the country to root out financial fraud. But these are opening for more than just financial experts: They will also be armed. Among the job requirements listed: “Carry a firearm and be willing to use deadly force, if necessary.”