Biden’s worst-case economic scenario
is unfolding at the worst possible time
Posted By: Moritz55, 5/2/2024 1:15:37 AM
Last Thursday, the Bureau of Economic Analysis released its advance estimate for 2024’s first-quarter real GDP growth. At 1.6 percent, it is the worst quarterly performance since the economy contracted by 0.6 percent almost two years ago in the second quarter of 2022. This was a growth level one-third below economists’ expectations of 2.4 percent. It is also a precipitous drop from 2023’s fourth quarter rate of 3.4 percent and 2023’third quarter rate of 4.9 percent. This slower growth comes on the heels of higher inflation. The March report on overall prices showed the Consumer Price Index for all Urban Consumers rose 3.5 percent over the last year
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This Regime Is Built on a Lie
2 replies
Editor’s Note: The first step in winning a war is to recognize the fact that you are in one. This means, first and foremost, to come to know your enemy and his goals. In a recent essay for this site, Glenn Ellmers and Ted Richards of the Claremont Institute make a compelling case that the present enemy—the “woke” or group quota regime—is a totalitarian threat, and that its aims are nothing short of revolutionary. While our own troubles may seem far removed from the hard totalitarianism of the twentieth century, Ellmers and Richards argue that the six traditionally accepted elements of totalitarianism are already present in woke America.
Joe Biden Is 2024's Chaos Candidate
3 replies
Higher prices, a broken border, raging wars, violent campuses—is this what Joe Biden promised Americans four years ago? Quite the opposite: In his 2020 convention address, Biden said that he would lead America away from Donald Trump and toward "a different path," where "together" we would "take this chance to heal, to be reborn, to unite. A path of hope and light."
Leave aside, for a moment, the garbled metaphors and syrupy language. Consider instead how far away America is from Biden's gossamer vision.
The Justice Department announced Friday that Rep. Henry Cuellar has been indicted over claims he took $600,000 in bribes between 2014 and 2021 from an Azerbaijani oil and gas company and a Mexican bank.
Cuellar (D-Texas) and his wife, Imelda, were both charged and appeared in a Houston federal court for having allegedly participated “in two schemes involving bribery, unlawful foreign influence, and money laundering,” according to a DOJ press release. According to prosecutors, the Cuellars accepted the bribes through “shell companies” owned by Imelda from Socar, Azerbaijan’s state-owned oil firm, and “a bank headquartered in Mexico City.”
TikTok creator Anna, who uses the name @CreativeChronicles, gave a response to JP Morgan CEO Jamie Dimon telling the Wall Street Journal podcast how well he thinks the economy is doing for the middle class.
ANNA: I hate to be all "doomsday" but America is
There is almost no subject the left won’t lie about. Whether it’s denying basic biology or fabricating “bloodbath” hoaxes about their top Republican rival, no topic is off limits for the Democrat “disinformation” police — and that includes elections.
Since the 2020 election, Democrats and their media allies have worked overtime to smear Americans concerned about the integrity of U.S. elections. No matter how legitimate these concerns may be, the left slanders anyone who challenges controversial elections won by Democrats as so-called “election deniers.”
The founder and CEO of telehealth and online pharmacy Hims took to social media on Wednesday to encourage anti-Israel protesters on college campuses to continue in those efforts because companies like his will be "eager" to hire them. Andrew Dudum, who founded Hims in 2017, said anti-Israel campus protesters are making a difference and drew a contrast to other executives who have said the antisemitic demonstrations have made those involved in campus protests unemployable.
"Moral courage > College degree," Dudum wrote on X. "If you're currently protesting against the genocide of the Palestinian people & for your university's divestment from Israel, keep going. It's working."
A 2020 social media post by then-presidential candidate Joe Biden blaming then-President Donald Trump for violence in the U.S. is drawing renewed criticism after violence has erupted on college campuses nationwide stemming from anti-Israel protests. "Remember: every example of violence Donald Trump decries has happened on his watch," Biden posted on Twitter, now known as X, in August 2020. "Under his leadership. During his presidency."
Social media users have looked back on that post in recent days, given the increased violence and arrests being made as anti-Israel activists have caused chaos on over a dozen college campuses in recent weeks.
Top Biden administration officials worked with the National Archives to develop Special Counsel Jack Smith’s case against Donald Trump involving the former president’s alleged mishandling of classified material, according to recently unsealed court documents in the case pending in southern Florida.
More than 300 pages of newly unredacted exhibits, containing emails and other correspondence related to the early stages of the hunt for presidential papers, challenge public statements by Joe Biden about what he knew and when he knew it regarding the case against his political rival.
Last Thursday, the Bureau of Economic Analysis released its advance estimate for 2024’s first-quarter real GDP growth. At 1.6 percent, it is the worst quarterly performance since the economy contracted by 0.6 percent almost two years ago in the second quarter of 2022. This was a growth level one-third below economists’ expectations of 2.4 percent. It is also a precipitous drop from 2023’s fourth quarter rate of 3.4 percent and 2023’third quarter rate of 4.9 percent.
This slower growth comes on the heels of higher inflation. The March report on overall prices showed the Consumer Price Index for all Urban Consumers rose 3.5 percent over the last year
Biden atop the greasy pole
6 replies
Lord Randolph Churchill, Winston’s father, summarized the political career of Benjamin Disraeli, Britain’s great 19th century Conservative prime minister, as “failure, failure, failure, partial success, renewed failure, ultimate and complete triumph.”
There is something in this sequence that parallels President Joe Biden’s half-century in politics, although in his case ultimate and complete triumph applies only to securing the presidency, not to his policies, leadership qualities, or the substantive and moral consequences of his occupancy of that office. Biden ran ignominiously badly for president in 1988 and 2008 before winning on his third try in 2020.
The Travesty of the Trump Trials
8 replies
Do not believe the White House/mainstream media-concocted narrative that the four criminal court cases—prosecuted by Alvin Bragg, Letitia James, Jack Smith, and Fani Willis—were not in part coordinated, synchronized, and timed to reach their courtroom psychodramatic finales right during the 2024 campaign season. These local, state, and federal Lilliputian agendas were designed to tie down, gag, confine, bankrupt, and destroy Trump psychologically and physically. They are the final lawfare denouement to years of extra-legal efforts to emasculate him.
Joe Biden is the least popular president of the past 70 years, according to a new Gallup poll.
But you wouldn’t know it if you were at the White House Correspondents’ Dinner in Washington on Saturday night. The glittering event is supposed to be a roast of the president.
Instead, it was a flattering suck-up to Biden amid jabs at Donald Trump. “Saturday Night Live” comedian Colin Jost, best known as Scarlett Johansson’s second husband, is a Staten Island boy who reads The Post, so you’d think he’d have a clue. But he ended his performance with a gushing tribute to Biden’s “decency.”
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The White House announced the next group of Presidential Medal of Freedom recipients Friday morning.
Former Vice President Al Gore is on the list with a citation for his work on “climate change"Al Gore is a former Vice President, United States Senator, and member of the House of Representatives. After winning the popular vote, he accepted the outcome of a disputed presidential election for the sake of our unity. He was awarded the Nobel Peace Prize jointly with the Intergovernmental Panel on Climate Change for his bold action on climate change," the White House released in an announcement. .
Actor Jeff Daniels said Friday on MSNBC’s “Deadline” that he believed midwesterners were done with former President Donald Trump’s “lack of decency.”
On the New York business document trial, Daniels said, “I know this is costing him where I live in Michigan. This is costing him votes.”
He continued, “There’s just a lack of decency that Donald has kind of hitched his wagon to. He keeps telling us these things. You know, I mean, I look at the trial every day, and you watch what happens in the trial, and then you watch him talk about it like it was an amazing day. No, it wasn’t. It really wasn’t.
A video of what is purported to be Ukrainian soldiers burning Donald Trump in effigy is causing quite a stir.
In the clip, three soldiers are seen standing with a cardboard Trump lookalike as they deliver a message directly to the former president, essentially threatening Trump’s life for opposing the war with Russia — the 2024 presumptive Republican nominee has boasted that he would end the conflict in 24 hours with a brokered peace deal.
“We address Donald Trump. Because of you b*****d President Zelenskyy couldn’t get any weapons. You will never be president again. You are a traitor. You will pay with your blood for what you did,”
Pro-Palestinian protesters taking part in an encampment at Princeton University began a hunger strike to raise awareness for starving people in Gaza.
The Princeton Israeli Apartheid Divest (PIAD) student organization posted a series of photos on Instagram announcing that pro-Palestinian protests would be launching a hunger strike “in solitary with Gaza.”
“PRINCETON STUDENTS LAUNCH HUNGER STRIKE IN SOLIDARITY WITH GAZA!!” the group wrote.
PIAD explained that as part of the hunger strike, protesters would “abstain from all food and drink” except for water until their demands were met.
“We commit our bodies to their liberation of Palestine,” the group continued. “PRINCETON, hear us now! We will not be moved!”
Actor Robert De Niro said Thursday on MSNBC’s “The 11th Hour” that former President Donald Trump’s rise was like that of Adolf Hitler’s in 1930s Germany.
De Niro said, “He is sick, he is genuinely a sick person that somehow has been allowed into our system. I’m not calling him names, he just can’t be anywhere near the office of the presidency.”
He continued, “I don’t understand it. I don’t I don’t think they understand how dangerous it will be if he ever, God forbid, becomes president. I don’t think they really understand. And historically, from what I see, even in Nazi Germany, they had it with Hitler.
Can the Current Universities Be Saved?
19 replies
Elite higher education in America -- long unquestioned as globally preeminent -- is facing a perfect storm.
Fewer applicants, higher costs, impoverished students, collapsing standards, and increasingly politicized and mediocre faculty reflect a collapse of the university system. The country is waking up to the reality that a bachelor's degree no longer equates with graduates being broadly educated and analytical. Just as often, they are stereotyped as pampered, largely ignorant, and gratuitously opinionated.
No wonder polls show a drastic loss of public respect for higher education and, specifically, a growing lack of confidence in the professoriate.
The founder and CEO of telehealth and online pharmacy Hims took to social media on Wednesday to encourage anti-Israel protesters on college campuses to continue in those efforts because companies like his will be "eager" to hire them. Andrew Dudum, who founded Hims in 2017, said anti-Israel campus protesters are making a difference and drew a contrast to other executives who have said the antisemitic demonstrations have made those involved in campus protests unemployable.
"Moral courage > College degree," Dudum wrote on X. "If you're currently protesting against the genocide of the Palestinian people & for your university's divestment from Israel, keep going. It's working."
The city declared a public health emergency following an outbreak in a single-room occupancy hotel in Long Beach. A tuberculosis outbreak among residents of a single-room occupancy hotel in Long Beach has left one person dead and led to the hospitalizations of nine others, prompting the declaration of a public health emergency, city officials said Thursday.
The city Department of Health and Human Services insists the risk of exposure to the general public is low, with the outbreak restricted to a "distinct population" of people with "significant barriers to care, including homelessness and housing insecurity, mental illness, substance abuse and serious medical comorbidities."
Is Israel Guilty of Genocide?
14 replies
Israel’s enemies are charging the world’s only Jewish nation with committing genocide. This is a lie.
Genocide as a word and internationally accepted concept did not exist before 1944. It was specifically created to describe how the Nazis sought to eliminate the entirety of the Jewish population in Europe.(Snip)
This narrow definition under international law consists of two principal prerequisites: intent and a specific group’s physical destruction.
Currently, there are politically motivated and rhetorically irresponsible charges of genocide leveled at Israel. These disingenuous accusations are a weapon of war that terrorist groups such as Hamas are using to achieve strategic political victory in the struggle for universal information dominance.
Former President Donald Trump has laid out the most concrete timeline yet for when he might select his running mate for the 2024 Republican ticket.
“I’ll be picking, but probably not too much before the convention, which I happen to be having in the great state of Wisconsin,” the presumptive GOP nominee told FOX 6 Milwaukee during a campaign visit to the battleground state Wednesday.
The Republican National Convention will be held in Milwaukee July 15-18. Traditionally, the vice presidential nominee will address the delegates on the penultimate night of the gathering.
In 2016, Trump picked then-Indiana Gov. Mike Pence as his running mate in the final week before the convention,
Democratic lawmakers are sounding the alarm over what they see as conservative justices and judges tipping the scales in favor of former President Trump in two federal cases.
The two cases accuse the former president of attempting to subvert the 2020 election and obstructing justice related to his handling of classified documents. Some Democratic senators suggest conservative justices on the Supreme Court are playing politics by slow-walking special counsel Jack Smith’s case related to the events of Jan. 6, 2021, so that there’s no chance of it reaching a verdict before Election Day.
Mark Hamill made a surprise visit to the White House press briefing room after meeting with President Joe Biden.
The Star Wars actor’s visit came a day before May the 4th, an annual day of celebration for the franchise.
“There’s no introduction that really is needed,” White House press secretary Karine Jean-Pierre said. “I have a special guest, as you can see, Mark Hamill has decided to join us on this wonderful Friday. And, I am really excited to turn it over to Mr. Hamill.
Hamill, who is known for his role as Luke Skywalker in the Star Wars franchise, asked the group of reporters gathered in the room