Key inflation measure rises at
fastest pace since 1992
Posted By: IowaDad, 6/11/2021 6:41:28 AM
Consumer prices roared higher last month, rising at their fastest pace in decades. Inflation rose 5% in the 12-months ending in May, the Bureau of Labor Statistics reported Thursday. That marked the biggest jump since August 2008. Stripping out food and energy costs, which tend to be more volatile, inflation stood at 3.8% over that 12- month period. It was the biggest increase in so-called core inflation since June 1992. In the month of May alone, prices rose 0.6% on a seasonally adjusted basis, slightly less than in April. Core inflation, excluding food and energy prices, stood at 0.7%, down from 0.9% in April.
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Consumer prices roared higher last month, rising at their fastest pace in decades. Inflation rose 5% in the 12-months ending in May, the Bureau of Labor Statistics reported Thursday. That marked the biggest jump since August 2008. Stripping out food and energy costs, which tend to be more volatile, inflation stood at 3.8% over that 12- month period. It was the biggest increase in so-called core inflation since June 1992.
In the month of May alone, prices rose 0.6% on a seasonally adjusted basis, slightly less than in April. Core inflation, excluding food and energy prices, stood at 0.7%, down from 0.9% in April.
Lifts and amusement park rides grinding to a halt, businesses, and employees left in the dark, hospital equipment stopping suddenly … People around Iran have been experiencing regular power outages since the beginning of May. While the state energy distributor has tried to schedule these outages to align with energy demands, our Observers tell us that power cuts have been more frequent, and lengthier, than planned. Iranians have been reporting daily, prolonged power cuts since early May, leading to widespread inconveniences and dangerous consequences
WASHINGTON — The Biden administration on Tuesday suspended oil and gas leases in Alaska’s Arctic National Wildlife Refuge, reversing a drilling program approved by the Trump administration and reviving a political fight over a remote region that is home to polar bears and other wildlife — and a rich reserve of oil. The order by Interior Secretary Deb Haaland follows a temporary moratorium on oil and gas lease activities imposed by President Joe Biden on his first day in office. CORRECTION*
There is bad news and good news coming out of the Cornell University Faculty Senate vote on Critical Race Theory mandates for faculty and students.First, the bad news. The Faculty Senate nominally voted for some forms of Critical Race Theory mandates on faculty and students. Second, the good news. The margins were surprisingly thin, there was suprisingly substantial opposition, and some of the six resolutions contradicted others, leaving a muddled mess that has to be viewed as a loss for proponents who must have expected overwhelming support.
American Medical Association
issues an anti-racism plan for
itself, the field of medicine 14 replies
issues an anti-racism plan for
itself, the field of medicine 14 replies
The American Medical Association, the nation’s largest association of and lobby group for doctors, says it’s taking on racial disparities in health care with a plan to dismantle structural racism in its own ranks and across the U.S. medical establishment. Leaders of the AMA, whose headquarters is on North Wabash Avenue in River North, say they’re aiming to “pivot from ambivalence to urgent action” on health inequities. Though the new, 83-page report has been in the works for more than a year, the group says the coronavirus pandemic, high-profile police brutality cases and recent race-based crimes have given the effort a sense of urgency.
University of Iowa College Republicans
Temporarily Suspended For Chalking
Outside Without Face Masks 10 replies
Temporarily Suspended For Chalking
Outside Without Face Masks 10 replies
The University of Iowa’s College Republicans were temporarily suspended for chalking outside on campus without face masks on.
On the evening of May 4, the College Republicans congregated outside to “chalk” slogans on the university’s sidewalks. The student organization — following university protocols — wrote slogans such as “Unborn Lives Matter,” “Jesus Loves You,” and “Blue Lives Matter,” among others. The next morning, the university’s Office of Student Accountability emailed College Republican President Makenzie Jones informing her that the club had been placed on an “interim suspension” following reports that club members were not masked outside.
WASHINGTON — It won’t rival Netflix for drama, but 40 world leaders will try to save the planet from ever-worsening global warming in a two-day climate summit livestreamed for binge viewing. While there will be many faces on screen, this will clearly be President Joe Biden’s show. Biden will convene the summit on Thursday, and what he says will call the shots for what’s to come. He’s trying to show that the United States is again serious about cutting pollution of heat-trapping gases with a new American goal for reducing emissions. Then he’ll try to cajole other nations to ratchet up the pollution-cutting promises
The U.S. has administered 200 million doses of Covid-19 vaccine, a White House official said Friday. Just under 40% of Americans have had at least one dose, and about a quarter have completed the one- and two-dose vaccinations. The news was announced on Twitter by Cyrus Shahpar, the White House Covid-19 Data Director. The vaccine rollout has been accelerating as supply increases, with the U.S. giving shots to about 1% of the population every day
WASHINGTON — The Biden administration on Wednesday announced a resumption of U.S. assistance to the Palestinians, including to the U.N. agency that deals with Palestinian refugees, nearly all of which had been eliminated under President Donald Trump. The State Department said it would provide a total of $235 million to projects in the West Bank and Gaza as well as to the U.N. Relief and Works Agency, or UNRWA. The administration had previously announced $15 million for the Palestinians to combat the coronavirus pandemic. The resumption in assistance has met opposition in Congress from pro-Israel lawmakers, who say the money may violate U.S. law.
WASHINGTON — Without coming right out and saying it, President Joe Biden seems ready to let lapse a May 1 deadline for completing a withdrawal of U.S. troops from Afghanistan. Orderly withdrawals take time, and Biden is running out of it. Biden has inched so close to the deadline that his indecision amounts almost to a decision to put off, at least for a number of months, a pullout of the remaining 2,500 troops and continue supporting the Afghan military at the risk of a Taliban backlash.
WASHINGTON — As President Joe Biden preaches patience but acts with urgency, his vision of the powers of the Oval Office is quickly taking shape, modeled after Democratic predecessors who dramatically expanded the reach of government to confront generational crises. In a recent meeting with historians and in private conversations with advisers, Biden looked to the examples set by Presidents Franklin D. Roosevelt and Lyndon Johnson as he aims to use the levers of executive authority to create opportunities and break down barriers. Unlike Roosevelt and Johnson, who enjoyed formidable Democratic majorities in Congress, Biden has had to operate with a no-margin-for-error edge in fiercely partisan Washington.CORRECTION*
President Biden said on Thursday that his administration would reach its initial goal of administering 100 million shots of the COVID-19 vaccines well ahead of his initial 100-day benchmark. Biden said that the goal of 100 million shots would be achieved on Friday, which will be 58 days into his presidency. He said he would announce his next vaccination goal next week.
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Former Vice President Mike Pence was proud to certify the presidential election results on Jan. 6 after a deadly riot at the US Capitol, he said in his most direct and pointed departure from former President Donald Trump.Speaking to a crowd at the Ronald Reagan Presidential Library on Thursday, Pence said it was his duty under the Constitution to certify the results, and while he made no direct mention of his former boss, he appeared to distance himself from Trump, who still disputes the results of the Electoral College tally. 'I will always be proud that we did our part on that tragic day
A Democratic congressman from California suggested that the Catholic Church ought to lose its tax-exempt status if the U.S. Conference of Catholic Bishops (USCCB) decides to follow Church law and deny Communion to pro-abortion politicians like President Joe Biden.
In a June 18 tweet, Rep. Jared Huffman (D-CA) said, “If they’re going to politically weaponize religion by ‘rebuking’ Democrats who support women’s reproductive choice, then a ‘rebuke’ of their tax-exempt status may be in order.”
Huffman, who serves on a variety of caucuses — including the Lesbian, Gay, Bisexual, and Transgender (LGBT) Equality Caucus and the
Team USA's inclusion of white forward Kevin Love on the Olympic roster is an example of 'tokenism,' according to retired NBA star Jalen Rose, who says black Phoenix Suns center Deandre Ayton would make a better choice even though he's from the Bahamas.
'Kevin Love is on the team because of tokenism,' Rose, now an ESPN commentator, said on his podcast. 'Don't be scared to make an all-black team representing the United States of America. I'm disappointed by that. Anybody that watched the league this year knows Kevin Love did not have a stellar season."
Pelosi: 'Root Causes' of Capitol
'Insurrection' Were 'White Supremacy,
Anti-Semitism, Islamophobia' 38 replies
'Insurrection' Were 'White Supremacy,
Anti-Semitism, Islamophobia' 38 replies
Nancy Pelosi spoke today about “the root causes” of the January 6 Capitol riot: “the white supremacy, the anti-Semitism, the Islamophobia, all the rest of it that was so evident when you see a sweatshirt on one of the people saying, ‘Camp Auschwitz.’” She repeated the common and yet completely unsubstantiated claim that the Capitol incident constituted an “insurrection,” and once again claimed that Trump “incited” the “insurrection,” in flagrant disregard for the fact that Trump told the demonstrators to remain peaceful. Her list of the three “root causes” of this sham “insurrection” were, in effect, a list of those that she and the Biden Justice Department intend
A Federal Aviation Administration advisory group is urging the agency to replace words like “airman” and “cockpit” with gender-neutral terms like “aviator” and “flight deck.” The FAA’s Drone Advisory Committee put forth the recommendations in a report released Wednesday, part of a broader push for equity in the agency and aviation industry. “Research shows that the utilization of gender-neutral language can lead to a more inclusive environment that draws more people to the industry and helps keep them there,” the report states. The committee offered several alternatives for terms commonly used in the industry, such as using “manufactured” or “fabricated” instead of “man-made.”
Derek Chauvin, the former police officer who killed George Floyd during his arrest in Minneapolis last year, was sentenced to 22 years in prison on Friday.
Chauvin was found guilty in April of second-degree murder, third-degree murder, and second-degree manslaughter.
The former police officer is seen in a video of the arrest kneeling on Floyd’s neck for more than nine minutes, persisting even after he became unconscious.
Chauvin spoke briefly during his sentencing hearing on Friday: “I want to give my condolences to the Floyd family,” Chauvin said.
“There’s going to be some other information in the future
Hollywood Hills Horror: Los Angeles Crime
Wave Hits Wealthy Neighborhood in Deadly
Shootout 30 replies
Wave Hits Wealthy Neighborhood in Deadly
Shootout 30 replies
A deadly shootout erupted in an exclusive neighborhood in the Hollywood Hills early Friday morning in what might have been an attempted robbery of a multi-million dollar home, according to multiple reports.
It is the latest shooting incident in what has been a dramatic surge in violent crime across Los Angeles, which recently voted to defund its police department.
TMZ reported there is at least one dead and three injured after gunfire erupted just off the Sunset Strip at a home on Blue Jay Way. Three men reportedly drove up to the house in an Audi and opened fire.
The Arizona Audit officially completed both the hand count and paper evaluation inspections on Friday.The audit workers will now vacate Veterans Memorial Coliseum and prepare to deliver a report to the Arizona Senate.The Gateway Pundit reported earlier that this was taking place but it was made official by a tweet from @ArizonaAudit. (Snip) Earlier this afternoon, volunteers slammed a box closed and cheered in celebration after the final ballots were inspected.
TGP reported that the results will be released in two phases:1.) On Monday we may see a preliminary report, which details the accuracy of the number of certified ballots.
It looks like Hillary Clinton has been drinking a little too much Pinot Grigio. 73-year-old Hillary Clinton was spotted in New York Wednesday night…looking a little rough. Bill and Hillary met up with some friends at Fresco by Scotto in Midtown Manhattan Wednesday night. VIDEO: Last month Hillary was spotted using two hands to guzzle a giant glass of wine at a posh NYC restaurant as her hubby flirted with rocker Sting’s wife.(Photos) Trump’s greatest accomplishment was keeping Hillary Clinton out of the White House.
Dem Rep. Green: CRT ‘Just About Telling
the Truth’ and History ‘That We Don’t Teach
in our Schools’ 27 replies
the Truth’ and History ‘That We Don’t Teach
in our Schools’ 27 replies
On Friday’s broadcast of C-SPAN’s “Washington Journal,” Rep. Al Green (D-TX) said that Critical Race Theory “is just about telling the truth about how there is still systemic racism in this country today and that we have to deal with it and how it impacts the lives of people.”Green stated, “Critical Race is about the side of history that we’ve not made known to the public, that we don’t teach in our schools. Slaves were not happy people. We should not in any way glamorize slavery. We shouldn’t sanitize it. We have to tell the truth about what happened in 1619 and thereafter. That’s what it’s all about.
What will become of the useful idiots?
26 replies
As the Marxist revolution oozes forward, I occasionally wonder what will happen to the useful idiots when the commies seize absolute power in this once great Republic. I believe that most AT readers are familiar with the term, but for those who need a brief refresher, a useful idiot, as defined by Wikipedia, "is a derogatory term for a person perceived as propagandizing for a cause without fully comprehending the cause's goals, and who is cynically used by the cause's leaders." In my opinion, this definition can be applied to a majority of the young, brainwashed radicals who have no idea about the true history of Marxism
Brooklyn, New York City—There is growing outrage in Brooklyn and in Newark after two statues to honor George Floyd were targeted by vandals. The George Floyd statue that was unveiled on Juneteenth at 1545 Flatbush Avenue in Brooklyn was discovered vandalized around 7:20 a.m. Thursday.(Snip) "I'm not gonna get emotional but to come up today, someone in the name of hate, came through the night and defaced it. In the night, when we couldn't see their face. They snuck in. It's really, really devastating," said statue producer Lindsay Eshelman. "They seem to be very aligned with the things that happened at the Capitol.
Comments:
Joe's personally-created stagflation.