Oil price rise comes at a critical point
Posted By: Dreadnought, 10/3/2024 2:40:01 PM
The price of oil has jumped 5% after US President Joe Biden said the US was discussing possible strikes by Israel on Iran’s oil industry. Asked on a visit if he would support Israel striking Iran’s oil facilities, Biden said: “We’re discussing that." Iran is the seventh largest oil producer in the world, exporting around half its production abroad, mainly to China. Since Iran’s missile attack on Israel on Monday, the price of benchmark Brent crude oil has risen 10% to $77 a barrel, although this remains below levels seen earlier this year. Any extended rise in energy prices raises the possibility of higher petrol prices and increased
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I have long thought that one of the hallmarks of an advanced economy is built-in resilience to shocks to the system.
As with so many things these days, that resilience has eroded to the point that, except in certain areas of the country like Florida, it hardly exists.
You have probably seen many of the same videos I have, in which North Carolina residents are begging for help and wondering where FEMA is. Aside from funding migrants, that is. It seems to be doing a fine job at that, exhausting the funds that should be going to help Helene's victims. Why is FEMA so awful?
As fraud scandals erupt in Minnesota on
Gov. Tim Walz’s watch, accountability
is in short supply 3 replies
Gov. Tim Walz’s watch, accountability
is in short supply 3 replies
Minneapolis — One state audit found that bonus checks intended for frontline workers during the pandemic were handed out to undeserving recipients. Another criticized a Minnesota state agency for failing to ensure there were no conflicts of interest in taxpayer-funded mental health and addiction programs. A third detailed lax oversight of a program to feed needy kids which federal prosecutors say resulted in the nation’s largest Covid-era fraud scheme. But when confronted with these and other troubling examples of waste, fraud and abuse, some state agencies working under the administration of Democratic Gov. Tim Walz repeatedly minimized or dismissed the allegations, the state’s nonpartisan auditor, Judy Randall, told CNN.
I knew I smelled a stink badger in the perfume aisle when the Mockingbird media myrmidons weren't descending on the areas Hurricane Helene ravaged and weren't writing much about the storm either, despite the brutal stories of death and survival on X.
Once upon a time, Anderson Cooper was eager to beclown himself for storm ratings. Those days are gone.
I just went to CNN, and most stories were dedicated to brainwashing CNN's dwindling audience that Trump is a ghastly hobgoblin. Their most prominent story on the storm was "fact-checking" Trump's statement that the Biden-Harris administration was getting "universally negative" reviews on their hurricane response efforts, like this one:
Vice President Kamala Harris, already under fire for her indifference to the devastation of Hurricane Helene and the federal government's sluggish response, has now raised further eyebrows by recording an episode of the explicit “Call Her Daddy” podcast this week.
At a time when Americans are grappling with the aftermath of a catastrophic storm as well as increased tensions in the Middle East, Kamala's priorities are completely out of whack. Although she has made some appearances on supportive media platforms, she has largely shied away from traditional press engagements and has done zero press conferences.
At least three people, including two teenagers, have been killed in Chicago over the last two weeks in shootings that weren’t immediately reported by residents calling 911 and that occurred in neighborhoods previously covered by the city’s now-decommissioned ShotSpotter gunshot-detection system.
The body of 19-year-old Sierra Evans was discovered Saturday morning on Chicago’s Southeast Side hours after she was shot, according to media reports. On Tuesday, police found Thaddeus Scott, 53, dead with gunshots to his chest and back on a West Side street.
Most recently, police found a 14-year-old boy fatally shot late Tuesday on a West Side sidewalk.
President Joe Biden warned of the possibility that former president Donald Trump and his followers will not handle the 2024 presidential election peacefully.
Biden, appearing Friday at the White House press briefing for the first time, expressed concerns about how Trump will respond to the election, given his false claims surrounding the 2020 contest.
“I’m confident [the election] will be free and fair,” Biden said. “I don’t know whether it will be peaceful. The things that Trump has said and the things that he said last time out, when he didn’t like the outcome of the election, were very dangerous.”
Biden went on to criticize Trump’s running mate, Senator J. D. Vance
The U.S. economy added far more jobs than expected in September, pointing to a vital employment picture as the unemployment rate edged lower, the Labor Department reported Friday.
Nonfarm payrolls surged by 254,000 for the month, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast. The unemployment rate fell to 4.1%, down 0.1 percentage point. With upward revisions from previous months, the report eases concerns about the state of the labor market and likely locks in the Federal Reserve to a more gradual pace of interest rate reductions.
Texas Highway Patrol troopers interdicted a large group of migrants shortly after they waded across the shallow Rio Grande north of Eagle Pass on Monday. The large group was one of two that the agency interdicted that day. According to a spokesperson for the Texas Highway Patrol, 27 migrants within the group were “Special Interest Aliens,” citizens of Afghanistan, Pakistan, Iran, Egypt, and India.
A second group of 41 migrants was arrested earlier in the day, bringing the total number of migrants apprehended by the Texas Army National Guard soldiers and the Texas troopers in the Eagle Pass area on Monday to 271.
Politico’s Meredith Lee Hill and Mia McCarthy wrote an incredibly damaging article on Thursday about Gov. Tim Walz’s (D) performance in Tuesday night’s debate.
The story suggests Democrats are panicking following Walz’a debate performance against Senator J.D Vance (R-OH), who received widespread praise amongst media elites for his debate performance.
Obtaining on and off the record statements from Democrats, Hill and McCarthy did everything but torpedo Walz’s political future:
Tim Walz was supposed to cut through the political nonsense to speak plainly to Americans about out-of-touch Republicans. But instead, some Democrats were alarmed by his performance at Tuesday’s debate and said he failed to capitalize on his opponents’ weaknesses.
The Biden administration’s sweeping student loan forgiveness plan was temporarily blocked again Thursday by a Missouri judge, just one day after a federal judge in Georgia said he would let a restraining order against the relief expire.
St-Louis-based U.S. District Judge Matthew Schelp, an appointee of Republican former President Donald Trump, issued the latest preliminary injunction against Biden’s relief plan.
As a result of the order, the U.S. Department of Education is again barred from forgiving people’s student loans until Schelp has a chance to rule on the case.
The latest order capped 24 hours during which federal student loan holders were subjected to judicial whiplash
What a week it's been for Trump, Vance, and We the People. Commies... not so much.
The Trafalgar Group released a poll on Wednesday showing Trump has increased his lead in the vital swing states of Michigan and Wisconsin.
The recent poll shows Trump beating Harris by 2.2 points in Michigan, with Trump scoring 47.5% of the votes to Harris's 45.3%. On August 31, the Trafalgar Group had Trump beating Harris 47% to 46.6%, a lead of only 0.4%.
Trump is winning in Wisconsin as well, topping the Kackler by 47.1% to 46%. The poll had Trump at 47.3% to Harris's 46.2%.
“These numbers are the best
A defensive President Biden on Thursday disputed criticism that his administration was caught off-guard by Hurricane Helene, insisting that he had a plan in place even before the deadly storm made landfall.
“Days before the storm hit, I pre-positioned extensive resources on the ground throughout the Southeast, extensively — first responders, search and rescue teams, food, water, ambulances — before Helene made landfall,” Mr. Biden said after touring the damage in Ray City, Georgia.
He said he approved disaster relief funding before the storm hit, unlocking federal aid for the states impacted by the storm, which includes Georgia, Florida, South Carolina, North Carolina, Virginia and West Virginia.
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Former President Barack Obama is coming to the aid of Vice President Kamala Harris in battleground states during the final stretch of the 2024 campaign.
A senior Harris campaign official told POLITICO on Friday that beginning next week, Obama will start a swing-state “blitz,” speaking at rallies in support of the Democratic nominee. Obama’s first appearance on the battleground state trail will be in the Pittsburgh area on Thursday, POLITICO reported. The former president is then expected to hit multiple Rust Belt and Sun Belt states.
Pennsylvania is considered one of the most important states for Harris and former President Donald Trump to win,
The U.S. economy added far more jobs than expected in September, pointing to a vital employment picture as the unemployment rate edged lower, the Labor Department reported Friday.
Nonfarm payrolls surged by 254,000 for the month, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast. The unemployment rate fell to 4.1%, down 0.1 percentage point. With upward revisions from previous months, the report eases concerns about the state of the labor market and likely locks in the Federal Reserve to a more gradual pace of interest rate reductions.
My only conversation with Pete Rose came in the early 1980s, when he was with the Phillies. And he started it. It was early April, a Friday night, and the Phils were to be on NBC’s “Game of the Week,” the next day. Some NBC public relations fellows were driving down to Philly for the game and asked if I’d like to join them. With our red media field-access credentials dangling from our belts, we watched batting practice from behind the cage. When Rose finished his swings, he walked over, eyed the press passes, then began to speak. Boy, did he.
President Joe Biden warned of the possibility that former president Donald Trump and his followers will not handle the 2024 presidential election peacefully.
Biden, appearing Friday at the White House press briefing for the first time, expressed concerns about how Trump will respond to the election, given his false claims surrounding the 2020 contest.
“I’m confident [the election] will be free and fair,” Biden said. “I don’t know whether it will be peaceful. The things that Trump has said and the things that he said last time out, when he didn’t like the outcome of the election, were very dangerous.”
Biden went on to criticize Trump’s running mate, Senator J. D. Vance
Joe Biden and Kamala Harris celebrate
'pause' in East Coast port strike until
AFTER the election 20 replies
'pause' in East Coast port strike until
AFTER the election 20 replies
President Joe Biden and Vice President Kamala Harris celebrated the news that the International Longshoremen’s Association union had temporarily paused their strike until after the election.
The union ended their three-day strike until January 15, after reaching a temporary agreement with the U.S. Maritime Alliance.
The port employers offered workers to increase wages by 62 percent, according to reports, which helped reach a 'tentative agreement.'The video player is currently playing an ad. You can skip the ad in 5 sec with a mouse or keyboard
Biden spoke to reporters after returning to White House on Thursday night from Georgia, but he was cautious.
'They’ve got the next 90 days,
Outside of the White House tonight, Joe Biden was asked what he thinks is needed by the states in the storm zone of Helene. His response was jaw dropping.
After a pause, Biden said “Oh, storm zone? I didn’t know which storm you’re talking about…” He then claimed that they’re getting everything they need and that they’re very happy.
That must be news to the millions of Americans who are still waiting for a government response as they’re still digging out of the rubble
The dockworkers' union has agreed to return to work after the White House intervened and strong-armed the U.S. Maritime Alliance, representing shipping companies, to give the union what they wanted regarding wages.
The dockworkers will return to work immediately under the old contract and the two sides will have until January 15 to hammer out the outstanding issues.
Why Biden didn't intervene to prevent the strike is clear. He wanted the International Longshoreman Union (ILA) to demonstrate its muscle and willingness to shut down the U.S. economy to get what it wanted.
If Donald Trump wins this election, the postmortems on Kamala Harris’ campaign should put her choice of Minnesota Gov. Tim Walz as her running mate at the top of her list of mistakes.
Much of America got to know Walz for the first time during Tuesday’s vice-presidential debate. Unlike his appearance at the Democratic National Convention, the Walz we saw on the debate stage didn’t have his words written for him in a teleprompter. And the unfiltered version underscored a very obvious fact about the governor: He is patently fake. For starters, how about this “Coach Walz” nonsense, which he broached yet again on Tuesday. Let’s be real,
Kamala Harris has sparked fury after praising former vice president Dick Cheney while campaigning with his daughter in Wisconsin.
Dick Cheney, the longtime Wyoming congressman and conservative vice president to George W. Bush is often blamed for America's invasion of Iraq in March 2003.
'I also want to thank your father, vice president Dick Cheney, for his support, and what he has done to serve our country,' Harris said on Thursday while thanking his daughter, Liz, for supporting her. While Harris' embrace of former Republican congresswoman Liz Cheney may have been hard to swallow for some Democrats - it was the praise for her father that appeared to
The Maryland Department of State Police (MDSP) has committed to shell out more than $2 million in back pay to black and female applicants who could not pass state trooper tests as part of a settlement agreement with the U.S. Department of Justice (DOJ). (snip) MDSP requires that state trooper candidates successfully complete both written and physical tests, which the DOJ alleged “discriminate” against the black and female candidates who could not pass them.
MDSP’s Functional Fitness Assessment Test (FFAT) required female applicants to do “push-ups, sit-ups, a seated reach, a trigger pull, and a one-and-a-half mile run,” according to the complaint.
Obama-Harris whisperer David Axelrod, host of the “Axe Files” podcast, said the quiet part out loud as the Biden Regime blocks ongoing rescue operations in North Carolina.
Axelrod said Hurricane Helene victims in North Carolina are mainly Trump voters who will find it hard to vote in the 2024 election.
David Axelrod said affected Democrats from Asheville are “upscale liberal voters, and they’re probably going to figure out a way to vote. I’m not sure a bunch of these folks who had their homes and lives destroyed elsewhere, in western North Carolina, in the mountains, there are going to be as easy to wrangle for the Trump campaign.”
Biden Was Asked What States in the Storm
Zone Need. His Response Sets Social Media Ablaze 14 replies
Zone Need. His Response Sets Social Media Ablaze 14 replies
President Biden appeared confused Thursday evening when asked what he thought states impacted by Hurricane Helene needed after he spent the day touring parts of Florida and Georgia that were battered by the Category 4 storm.
“What do the states in the storm zone need after what you saw today?” a reporter asked him.
Biden paused momentarily before responding.
“Oh, in the storm zone!” he said.
“Yes, sir,” the reporter replied.
“I’m wondering what storm you’re talking about,” Biden continued. “They’re getting everything they need and they’re very happy across the board.”