Biden’s Food Inflation Crushes Household Budgets
Posted By: Moritz55, 11/13/2023 11:12:42 AM
The CEO of Target stores recently explained to CNBC that American consumers cut back significantly, “even on grocery items.” He relayed to the business channel that “even in food and beverage categories, over the last few quarters, the units, the number of items they’re buying, has been declining.” Admittedly, few on the political right will shed any tears for the executive suite of Target, a company infamous for its obsession with woke politics. Nonetheless, Target provides a key gauge of overall consumer health. After all, this chain of nearly 2,000 big box stores, with more than 400,000 employees, boasts a market cap value of $50 billion.
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It’s time for Wall Street to get a grip.
The Trump tariff policies are a calculated gamble that the threat of tariffs can fundamentally remake the global economy and retilt it in the direction of the United States — and away from China and other beggar-thy-neighbor countries.
But whether they work or not, Wall Street elites have convinced themselves that these tariffs are worse than the pandemic that stopped the entire economy, or the 2009 economic crisis that put 10 million people out of work. And so far, nothing has happened. It’s all speculation about what could happen.
‘Hands Off’ Irony Is Lost On The Left 7 replies
We were bemused at the Orwellian doublespeak of the weekend protests, which were waged under the banner of “hands off.”
Hands off? What the protesters really want is for the government to keep its hands on – on our throats choking out our freedoms and in our pockets stealing our money.
Naturally, the protesters describe themselves as “defending democracy” and the current situation a “crisis.” What else is new?
But this particular effort – reported by most of the press to be “massive,” encompassing, said CNN, “scores of people” (20s of people?) – was more mindless than usual.
Two strange phenomena now characterize the political landscape. One, opposition to the Trump administration’s initiatives has reached a near-unprecedented fever pitch. The frenzy is manifested in strange ways. At the bottom end, there is an epidemic of street terrorism, including the keying of Teslas, bullying their owners, firebombing dealerships, or vandalizing charging stations. All that is mostly the logical but dirty reification of those in the media and the Democrats who brand Elon Musk as a foreign-born counterfeit citizen and a disloyal un-American foreigner, thus deserving to be “taken down,” in the words of Rep. Jasmine Crockett.
“We should replace our piece of crap Constitution.”
Those words from author Elie Mystal, a regular commentator on MSNBC, are hardly surprising from someone who previously called the Constitution “trash” and urged not just the abolition of the U.S. Senate but also of “all voter registration laws.” But Mystal’s radical rhetoric is becoming mainstream on the left, as shown by his best-selling books and popular media appearances.
There is a counter-constitutional movement building in law schools and across the country. And although Mystal has not advocated violence, some on the left are turning to political violence and criminal acts. It is part of the “righteous rage” that many of them
Trump’s Multipronged Tariff Strategy 0 replies
After being criticized for saying in an October speech to the Chicago Economic Club that “‘tariff’ is the most beautiful word in the dictionary,” Donald Trump puckishly acknowledged his critics had a point about his priorities. “Let’s put God number one. Let’s put religion number two. Love, I don’t know, we gotta put that number three, I guess, right? And then it’s tariff, because tariffs will make us rich as hell!”
Not everyone shares President Trump’s faith in tariffs, notably the stock markets. The aggregate value of U.S. securities traded on U.S. exchanges is some $6 trillion lower after “Liberation Day,” as the administration’s calculation of the amount
If Trump’s Tariffs Work, It Will Be Epic 8 replies
We have no doubt that Leavitt’s prediction will come true. Whether it’s remembered for being a success or as Smoot-Hawley 2.0 remains to be seen.
“It is going to work,” Leavitt said. “And the president has a brilliant team of advisers who have been studying these issues for decades.”
That’s a bit of an odd boast, given that the economists who have been studying tariffs and trade policy for decades had long ago decided that tariffs are a sledgehammer approach that rarely work as intended, that they are a wildly expensive way to create jobs, don’t spur economic growth, protect uncompetitive U.S. firms, and are an ineffective diplomatic tool.
On April 2nd, President Donald J. Trump did something no other modern president has had the spine to do. He declared “Liberation Day” and slapped sweeping tariffs on the very nations that have been gutting the American economy for decades. A 10 percent universal tariff across all imports. Targeted, punitive tariffs up to 34 percent on bad actors like China. And guess what? We should be furious—not at Trump—but at the spineless presidents before him who let things get this bad in the first place. Let’s be clear: these tariffs didn’t start a trade war. They responded to one.
Markets worldwide, and in the United States, took a tumble on Thursday, the first full day of trading following President Trump's tariff announcement. However, beneath the generally negative coverage in the media, there were numerous bright spots.
GM said it had decided to hire more temporary employees at its Ft. Wayne, Indiana, plant to expand production. The Rose Lawn gathering included several auto workers who cheered Trump in anticipation of better conditions for the auto industry in the coming months.
The Biden dam breaks 8 replies
During much of the last administration, and especially in its final year, the president of the United States suffered serious cognitive impairment. It wasn’t a secret — 81-year-old Joe Biden frequently had senior moments during public events. What was striking about the situation was that Biden’s staff, fellow Democrats, and allies in the media insisted that he was in good shape and sharp mentally when he obviously wasn’t.
The situation exploded on June 27, 2024, when Biden met rival Donald Trump for their first and, as it turned out, only debate. You know the story. Biden was so out of it that Democrats scrambled
New chat logs released by the House Judiciary Committee this week show the extraordinary lengths the FBI went to behind the scenes to shut down any discussion of Hunter Biden’s laptop in October 2020 after the New York Post broke the story.
The conversations, withheld by the FBI under Director Chris Wray, show that senior leadership issued an internal “gag order” on the laptop.
The FBI had been in possession of the abandoned MacBook Pro for 10 months by that stage, after computer repair shop owner John Paul Mac Isaac handed it over and warned of the potential crimes and national security concerns he had found.
Victor Davis Hanson breaks down why Trump has made maintaining dominance over China a central issue for his administration on this episode of “Victor Davis Hanson: In His Own Words.”
“He’s worried that China is intimidating countries in the Pacific and in Asia. Some of our strongest friends—Australia, South Korea, Taiwan, the Philippines, Vietnam. Saying things like, 'The United States is in decline. You better cut a deal.'"
“ China is ascendant and we are static," he says.
Richard Nixon ended the Gold Standard, Bill Clinton ratified NAFTA, and Donald Trump – no less ambitious in his aims – today announced a series of sweeping retaliatory tariffs designed to reorder the global trade system established in the wake of the Second World War.
The president began with a picture of American carnage in the Rose Garden and repeated the theme of his decade in politics. He said that the country had been “looted, pillaged, raped, and plundered” by trading partners, both adversaries and allies alike. “Taxpayers have been ripped off for more than 50 years,” he told a crowd at the White House that
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Barack Obama has lost his mojo and ruined his brand.
It used to be said that President Joe Biden was serving former President Obama’s third term, that his former boss was controlling him from the home he had bought in DC’s ritzy Kalorama neighborhood, two miles from the White House.
The feeling was that Obama was the real leader of the Democratic Party and his wife, Michelle, was the secret weapon they would whip out in 2024 to replace Biden and trounce Donald Trump.
I don't even know where to start with this one. Every time this woman opens her mouth, she says something dumber than the last time she spoke. Yes, you may have guessed that I'm talking about the most obnoxious person in politics at the moment, Rep. Jasmine Crockett (D-Texas).
Apparently, Crockett was the guest speaker at the 125th Anniversary Program at Grace Baptist Church in Connecticut over the weekend, and while I've only seen a minute or so of her speech, it didn't come across as very Godly or Christian-like. In fact, it's extremely racist and offensive. But considering the source, are we surprised?
Walmart has issued a public response to a growing nationwide boycott that began Monday, as some Americans pledge to avoid the retail giant for a week in protest over a range of economic and political grievances. "Serving communities is at the heart of Walmart's purpose to help people save money and live better," the company said in a statement shared with Newsweek. (Snip) The protest is the latest in a string of consumer-led boycotts targeting major corporations over their political influence, labor practices, or perceived social stances. The consumer strike is being run by a group called People's Union USA
Cutting emissions: hairdressers and barbers
will be trained to talk about climate
with customers 23 replies
will be trained to talk about climate
with customers 23 replies
Can I get a cut, blow-dry and a crash course in climate please?
That could be the request in salons across the country under a scheme that aims to train hairdressers and barbers to get conversations going about one of the most hair-raising issues facing humanity.
‘A Brush With Climate’ is inspired by a movement that started in Sydney, Australia when a salon owner looked to see how to use their renowned conversational skills to get chats going about solutions to the climate crisis.
Four towns are to be chosen under the pilot scheme with local hairdressers and barbers invited to become involved.
University College Cork is overseeing the project
Caroline Kennedy’s 32-year-old son Jack Schlossberg is ensuring the Kennedy reputation for being pigs doesn’t skip his generation.
The grandson of former President John F. Kennedy is using social media to openly fantasize about having a baby with Vice President JD Vance’s wife, Usha.
“I’m having a son !! So excited about this. Cannot wait for the birth of my next child because today was the best day of my life,” Schlossberg wrote on his Instagram account.
“Out of wedlock, yes. But we might get married,” he added.
Attached to the birth announcement was a photo of the lovely Usha Vance holding a baby with Jack Schlossberg’s smug face.
Monday on MSNBC’s “Deadline,” Princeton University professor and network contributor Eddie Glaude, Jr. said he believed people voted for President Donald Trump because they did not want to elect a black woman.
Glaude said, “I don’t know what it’s going to take for the American people, for 78 million Americans to deal with what motivated them to make the choice to elect this man again, to make the choice will allow these people to undermine every fundamental assumption we have.”
He continued, “The choice that they’ve made, we have to just be honest, is to literally throw the republican to the trash bin.”
Glaude added, “We chose a felon
The Trump administration will be allowed to resume deporting suspected Venezuelan gangbangers under the 1798 Alien Enemies Act after the Supreme Court on Monday lifted a lower court order that blocked the deportations.
DC District Court Chief Judge James Boasberg had blocked President Trump from invoking the rarely used wartime law last month, and later extended his temporary restraining order until at least April 12.
The Trump administration filed an emergency request with the Supreme Court to review Boasberg’s pause on March 28, after a divided three-judge panel on the DC Circuit Court of Appeals rejected a request to lift the stay as litigation plays out.
The last thing the Palestinians need are more calls from Qatar-based extremist for terrorism and jihad. If these Muslim "scholars" really want to help their Palestinian brothers, they should be calling on Hamas to release all the Israeli hostages they kidnapped, then to disarm, and then to stop pursuing the disastrous path of terrorism and jihad.
The "scholars" leading the IUMS live safely in Qatar, not in the Gaza Strip, and they are therefore not directly affected by the war that Hamas launched.
That such a call by an influential Islamic group comes from an organization based in Doha illustrates why Qatar c
Chinese woman detained for expired visa
dies by suicide at Border Patrol station
in Arizona 18 replies
dies by suicide at Border Patrol station
in Arizona 18 replies
A Chinese woman detained by border patrol officers for overstaying her visa died by suicide at the US Border Patrol station in Arizona after officers reportedly failed to perform required welfare checks on her, US Representative Pramila Jayapal alleged.
The woman, a 52-year-old Chinese national, was picked up in California after authorities determined she overstayed her B1/B2 visitor visa, Jayapal said in a statement last week. She was sent to the Yuma station in Arizona and was detained there until her sudden death on March 29.
The federal judge who blocked the Trump administration's use of a 1798 wartime law to immediately deport Venezuelan nationals canceled a planned Tuesday court hearing to review the case after the Supreme Court handed a win to the president. In a minute order published Tuesday morning, U.S. District Judge James Boasberg announced that the previously scheduled Tuesday afternoon hearing would be vacated in light of the high court's ruling, which determined, among other things, that the "appropriate venue for such proceedings is the Southern District of Texas," or wherever plaintiffs that are subject to potential removal are currently being held.
Michelle Obama’s New Podcast is a Total
Flop – Here’s Where It Ranks on the
Streaming Charts 15 replies
Flop – Here’s Where It Ranks on the
Streaming Charts 15 replies
Michelle Obama’s new podcast with her brother, Craig Robinson, and is a total flop.
The new venture, the “IMO” podcast, was launched by Higher Ground, the Obamas’ media company.
The latest episode titled, “Pursue What You Love Before You Pursue Love” has only garnered 11,000 views in 11 hours.
The IMO podcast is not climbing the charts like Michelle Obama thought it would.
Doral, Fla. — Wilmer Escaray left Venezuela in 2007 and enrolled at Miami Dade College, opening his first restaurant six years later.
Today he has a dozen businesses that hire Venezuelan migrants like he once was, workers who are now terrified by what could be the end of their legal shield from deportation.
Since the start of February the Trump administration has ended two federal programs that together allowed more 700,000 Venezuelans to live and work legally in the U.S. along with hundreds of thousands of Cubans, Haitians and Nicaraguans.
In the largest Venezuelan community in the United States,
