An old Mel Gibson movie comes to mind.
The Official Thread Dedicated to "Biden Destroying Us"
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2022 **** Trump!
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Update on the genius of Sloppy Joe and his brave steps to "solve" supply chain issues:
www.nationalreview.com
In closing, Let's Go, Brandon!!
Empty Shelves Disprove Biden’s Supply-Chain Boasts | National Review
Maybe the hashtag #BareShelvesBiden is being promoted by conservatives, but that doesn’t mean the supply-chain crisis is mythical.
www.nationalreview.com
In closing, Let's Go, Brandon!!
Report: Georgia’s largest counties ADMIT they deleted crucial video evidence ahead of ballot harvesting investigation - Right Side Broadcasting Network (RSBN)
Georgia's largest counties admitted last week they no longer possess crucial video camera surveillance footage which monitored drop boxes during the 2020 presidential election. The surveillance footage would have been substantial evidence as Secretary of State Brad Raffensperger launches an...
rsbnetwork.com
1933 Germany, anyone? Anyone not seeing the forest through the trees? Build Jan 6 up, use the media and politicians to try to compare it to 9/11, add to that your years and years and years of warnings about domestic terrorism, and combine them to tell the American people we need a special unit created to target domestic terrorism.
Months or years later, what is defined as 'domestic terrorism' quite literally becomes just about any disagreement with any Government rule, law, position and you are labeled.
This is how it starts.
WASHINGTON (AP) — The Justice Department is establishing a specialized unit focused on domestic terrorism, the department’s top national security official told lawmakers Tuesday as he described an “elevated” threat from violent extremists in the United States.
Assistant Attorney General Matthew Olsen, testifying just days after the nation observed the one-year anniversary of the violent insurrection at the U.S. Capitol, said the number of FBI investigations into suspected domestic violent extremists has more than doubled since the spring of 2020.
“We have seen a growing threat from those who are motivated by racial animus, as well as those who ascribe to extremist anti-government and anti-authority ideologies,” Olsen said.
The department’s National Security Division has a counterterrorism section. But Olsen told the Senate that he has decided to create a specialized domestic terrorism unit “to augment our existing approach.”
Months or years later, what is defined as 'domestic terrorism' quite literally becomes just about any disagreement with any Government rule, law, position and you are labeled.
This is how it starts.
DOJ creates special unit to target ‘domestic terrorism’
WASHINGTON (AP) — The Justice Department is establishing a specialized unit focused on domestic terrorism, the department’s top national security official told lawmakers Tuesday as he described an “elevated” threat from violent extremists in the United States.
Assistant Attorney General Matthew Olsen, testifying just days after the nation observed the one-year anniversary of the violent insurrection at the U.S. Capitol, said the number of FBI investigations into suspected domestic violent extremists has more than doubled since the spring of 2020.
“We have seen a growing threat from those who are motivated by racial animus, as well as those who ascribe to extremist anti-government and anti-authority ideologies,” Olsen said.
The department’s National Security Division has a counterterrorism section. But Olsen told the Senate that he has decided to create a specialized domestic terrorism unit “to augment our existing approach.”
Feds will be coming out today or tomorrow on interest rates. Guessing they'll be adjusting them up.
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And yet the "official" story is that there was no widespread, significant fraud in the election.
Seriously. EVERY ******* state should just demand photo id for every vote. Absentee, mail-in, in-person. No photo id, no vote. And if you are caught mailing in a false id, you go to jail. Not county jail. State or federal prison in gen pop.
Seriously. EVERY ******* state should just demand photo id for every vote. Absentee, mail-in, in-person. No photo id, no vote. And if you are caught mailing in a false id, you go to jail. Not county jail. State or federal prison in gen pop.
Hollywood is certainly doing their part. When the FBI series first came out on CBS, they were enjoyable entertainment. Now every week they're chasing the Whyte Supremes.
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Pretty good image of Flog/Tibby:
**** you Xiden, you commie piece of ****.
ECONOMY
Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM
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KEY POINTS
VIDEO04:22
Inflation rises 7% over past year in December, highest in nearly 40 years
Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday.
The consumer price index, a gauge that measures costs across dozens of items, increased 7%, according to the department’s Bureau of Labor Statistics. On a monthly basis, CPI increased 0.5%.
Economists surveyed by Dow Jones had been expecting the measure to increase 7% on an annual basis and 0.4% from November.
The annual move was the fastest increase since June 1982.
Despite the strong gain, stock market futures rose following the news while government bond yields were mostly negative.
“The December CPI report of a 7% increase over the last 12 months will be shocking for some investors as we haven’t seen a number that high in nearly 30 years,” said Brian Price, head of investment management for Commonwealth Financial Network. “However, this print was largely anticipated by many, and we can see that reaction in the bond market as longer-term interest rates are declining so far this morning.”
Excluding food and energy prices, so-called core CPI increased 5.5% year over year and 0.6% from the previous month. That compared to estimates of 5.4% and 0.5%. For core inflation, it was the largest annual growth since February 1991.
Shelter costs, which make up nearly one-third of the total rose 0.4% for the month and 4.1% for the year. That was the fastest pace since February 2007.
Used vehicle prices, which have been a major component of the inflation increase during the pandemic due to supply chain constraints that have limited new vehicle production, rose another 3.5% in December, bringing the increase from a year ago to 37.3%.
Conversely, energy prices mostly declined for the month, falling 0.4% as fuel oil was down 2.4% and gasoline fell 0.5%. Still, the complex as a whole rose 29.3% in the 12-month period, including a gain of 49.6% for gasoline.
Federal Reserve officials are watching the inflation data closely and are widely expected to raise interest rates this year in an effort combat rising prices and as the jobs picture approaches full employment. Though the central bank uses the personal consumption expenditures price index as its primary inflation measure, policymakers take in a wide range of information in making decisions.
“This morning’s CPI read really only solidifies what we already know: Consumer wallets are feeling pricing pressures and in turn the Fed has signaled a more hawkish approach. But the question remains if the Fed will pick up the pace given inflation is seemingly here to stay, at least in the medium-term,” said Mike Loewengart, managing director for investment strategy at E*Trade. “With Covid cases continuing to rise, the impact on the supply chain and labor shortages could persist, which only fuels higher prices.”
Inflation has been eating into otherwise strong wage gains for workers. However, real average hourly earnings posted a small 0.1% increase for the month, as the 0.6% total gain outweighed the 0.5% CPI headline increase. On a year-over-year basis, real earnings declined 2.4%, according to BLS calculations.
Fed officials largely attribute rising inflation pressures to pandemic-specific issues in which a shortage of workers has led to clogged supply chains and empty store shelves. Though there are signs that the omicron variant cases could peak soon, lingering Covid issues combined with cold weather in the Northeast point “to renewed upward pressure on food prices,” wrote Paul Ashworth, chief U.S. economist at Capital Economics.
Food prices broadly rose 0.5% for December and were up 6.3% on a 12-month basis, the biggest rise since October 2008.
Investors largely expect the Fed to start raising rates in March. Fed Chairman Jerome Powell, at his confirmation hearing Tuesday before the Senate banking panel, did not provide any specific dates but acknowledged that as long as current conditions persist, rate hikes are on the way.
Markets are pricing a nearly 79% chance for the first quarter-percentage-point increase to come in May, and see about a 50% chance the Fed could enact four such hikes in 2022, according to the CME’s FedWatch Tool.
ECONOMY
Inflation rises 7% over the past year, highest since 1982
PUBLISHED WED, JAN 12 20228:31 AM ESTUPDATED 10 MIN AGOJeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM
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KEY POINTS
- The consumer price index, an inflation gauge that measures costs across dozens of items, rose 7% in December from a year ago, the fastest pace since June 1982.
- That was in line, however, with economist estimates, and stock market futures rose after the release.
- Excluding food and energy, so-called core CPI was up 5.5% on the year, the biggest growth since February 1991.
VIDEO04:22
Inflation rises 7% over past year in December, highest in nearly 40 years
Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday.
The consumer price index, a gauge that measures costs across dozens of items, increased 7%, according to the department’s Bureau of Labor Statistics. On a monthly basis, CPI increased 0.5%.
Economists surveyed by Dow Jones had been expecting the measure to increase 7% on an annual basis and 0.4% from November.
The annual move was the fastest increase since June 1982.
Despite the strong gain, stock market futures rose following the news while government bond yields were mostly negative.
“The December CPI report of a 7% increase over the last 12 months will be shocking for some investors as we haven’t seen a number that high in nearly 30 years,” said Brian Price, head of investment management for Commonwealth Financial Network. “However, this print was largely anticipated by many, and we can see that reaction in the bond market as longer-term interest rates are declining so far this morning.”
Excluding food and energy prices, so-called core CPI increased 5.5% year over year and 0.6% from the previous month. That compared to estimates of 5.4% and 0.5%. For core inflation, it was the largest annual growth since February 1991.
Shelter costs, which make up nearly one-third of the total rose 0.4% for the month and 4.1% for the year. That was the fastest pace since February 2007.
Used vehicle prices, which have been a major component of the inflation increase during the pandemic due to supply chain constraints that have limited new vehicle production, rose another 3.5% in December, bringing the increase from a year ago to 37.3%.
Conversely, energy prices mostly declined for the month, falling 0.4% as fuel oil was down 2.4% and gasoline fell 0.5%. Still, the complex as a whole rose 29.3% in the 12-month period, including a gain of 49.6% for gasoline.
Federal Reserve officials are watching the inflation data closely and are widely expected to raise interest rates this year in an effort combat rising prices and as the jobs picture approaches full employment. Though the central bank uses the personal consumption expenditures price index as its primary inflation measure, policymakers take in a wide range of information in making decisions.
“This morning’s CPI read really only solidifies what we already know: Consumer wallets are feeling pricing pressures and in turn the Fed has signaled a more hawkish approach. But the question remains if the Fed will pick up the pace given inflation is seemingly here to stay, at least in the medium-term,” said Mike Loewengart, managing director for investment strategy at E*Trade. “With Covid cases continuing to rise, the impact on the supply chain and labor shortages could persist, which only fuels higher prices.”
Inflation has been eating into otherwise strong wage gains for workers. However, real average hourly earnings posted a small 0.1% increase for the month, as the 0.6% total gain outweighed the 0.5% CPI headline increase. On a year-over-year basis, real earnings declined 2.4%, according to BLS calculations.
Fed officials largely attribute rising inflation pressures to pandemic-specific issues in which a shortage of workers has led to clogged supply chains and empty store shelves. Though there are signs that the omicron variant cases could peak soon, lingering Covid issues combined with cold weather in the Northeast point “to renewed upward pressure on food prices,” wrote Paul Ashworth, chief U.S. economist at Capital Economics.
Food prices broadly rose 0.5% for December and were up 6.3% on a 12-month basis, the biggest rise since October 2008.
Investors largely expect the Fed to start raising rates in March. Fed Chairman Jerome Powell, at his confirmation hearing Tuesday before the Senate banking panel, did not provide any specific dates but acknowledged that as long as current conditions persist, rate hikes are on the way.
Markets are pricing a nearly 79% chance for the first quarter-percentage-point increase to come in May, and see about a 50% chance the Fed could enact four such hikes in 2022, according to the CME’s FedWatch Tool.
While the local grocery stores aren't that bad, there are a ton of empty spaces on the shelves, more than I can ever remember.
That 7% is a lowball average too. Gas and meat are up much higher. I ordered dog food last night and it's gone up 21%.
I think you can pretty much bank on this, refinance your big ticket items while you still can. Increased inflation and interest rates will stall the economy.
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This is unreal. Consider. You wanted to buy a used car pre-vegetable... you could get a decent used car for say, $5k. One that would get you around, last you a few years and run alright.
Today, that same car will run you nearly $7k ($6850).
So... you have to bite the bullet to get your used car and eat an extra $2k. THEN you discover that the price of gas has jumped to 1.5X what you would have paid pre-vegetable.
So you're obviously pissed and trying to figure out how to make ends meet. You take your crazy expensive used car to the store to get some ******* ramen cause that's all you can afford and discover A) the ramen is gone because the store can't stock it fast enough and B) the next possible alternative is going to cost you twice as much as you expected.
And the state of PA DELETED footage of ballot drop boxes because... "What?"
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The Fed calculates inflation much differently than they did back in 1982 to lie about the numbers. Using even the 1990 methodology, our current inflation is more than 10%.
Alternate Inflation Charts
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Corrupt scumbag administration ginned up investigation of American citizens, pushed for bullshit letter to give them a reason for the contemptible attack on concerned parents.
Any liberal willing to criticize this? No?
Good to hear. Cannot WAIT for a conservative President to get letters from some group that gives rise to investigation of Twitter, Planned Parenthood, Google, etc.
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This is all part of the build back better while crushing covid program. First things first, we need to crush the economy completely, then build some windmills.
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And sailboats. And trains.
(D)imbos longingly think back to 1858, when sailboats, trains, windmills and slavery were ubiquitous.
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Every time I hear that blithering dementia patient whisper, then yell, then blather some incoherent rant ...
Great news. Xiden and Dems are driving kids out of corrupt public schools
nypost.com
Critical race theory, COVID policies in Virginia spark huge jump in homeschooling
Homeschooling in Virginia has increased by nearly 40% since 2019, which has been partly fueled by the implementation of critical race theory in classrooms and the coronavirus. “The chil…
nypost.com
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