Inflation Coming… New Zealand Central
Bank Raises Interest Rates For First Time
in Seven Years
Posted By: LoveYourCountry, 10/6/2021 9:39:28 AM
New Zealand´s central bank raised interest rates for the first time in more than seven years on Wednesday, removing some of the support it put in place when the coronavirus pandemic began. The Reserve Bank raised the benchmark rate to 0.5% from a record low 0.25%.The move came despite an ongoing lockdown in Auckland, its largest city, due to a coronavirus outbreak. The bank said the lockdown had badly affected some Auckland businesses but a broad range of indicators pointed to New Zealand´s economy performing strongly overall. It said inflation was expected to rise to 4% in the short term before easing to 2% in the medium term.
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Inflation Coming… New Zealand Central
Bank Raises Interest Rates For First Time
in Seven Years 4 replies
Bank Raises Interest Rates For First Time
in Seven Years 4 replies
New Zealand´s central bank raised interest rates for the first time in more than seven years on Wednesday, removing some of the support it put in place when the coronavirus pandemic began.
The Reserve Bank raised the benchmark rate to 0.5% from a record low 0.25%.The move came despite an ongoing lockdown in Auckland, its largest city, due to a coronavirus outbreak.
The bank said the lockdown had badly affected some Auckland businesses but a broad range of indicators pointed to New Zealand´s economy performing strongly overall. It said inflation was expected to rise to 4% in the short term before easing to 2% in the medium term.
On Saturday’s broadcast of MSNBC’s “Yasmin Vossoughian Reports,” Rep. Ritchie Torres (D-NY) argued that the $3.5 trillion price tag for the Build Back Better Act reconciliation package “is a modest investment” for an economy the size of America’s.
Torres said, “[T]here’s misconception about the price tag of the Build Back Better Act. The Build Back Better Act, the original draft, it is not 3.5 trillion over the course of a year. It’s over the course of ten years. So, it’s $350 billion. Which, for a $20 trillion economy like ours, is a modest investment. So, I think it’s shortsighted to focus on the price tag.”
The Ryder Cup, a biennial competition between the twelve best golfers from America and Europe, was won by the United States yesterday. It was a dominant and historic win, with the U.S. scoring an unprecedented nineteen points; a remarkable performance by the most likeable group of golfers we’ve seen in ages.
But before we get to their brilliance as athletes – and yes, they are not only athletic, they are extraordinarily so – let’s review some other aspects of our 2021 Ryder Cup Team for which we should all be proud.
Rep. Alexandria Ocasio-Cortez (D-NY) reaped a whirlwind of criticism this past week when she attempted to explain her “present” vote for a bill that would allot funds to Israel’s Iron Dome defense system.
Following the vote, which passed the House 420-9, AOC characterized herself as a victim in a lengthy letter in which she confessed to crying over the “complete lack of regard I often feel our party has to its most vulnerable and endangered members.”
More than 20,000 Haitians now living in South America may try to copy the Texas migration success of their fellow nationals, according to NBC News.
NBC reported September 20:
U.S. officials are tracking large groups of Haitians in Latin America, including more than 20,000 in Colombia, who like the thousands now massed on the Texas border may soon try to reach the U.S., according to an internal document obtained by NBC News.
In addition to the 20,000 Haitians gathered in northern Colombia, DHS is also monitoring groups of about 1,500 in Panama and 3,000 in Peru, the document said.
‘Pretty Big Credibility Crisis’: Chuck
Todd Says Problems Show Up Right
After Biden Says They Won’t 12 replies
Todd Says Problems Show Up Right
After Biden Says They Won’t 12 replies
NBC political director Chuck Todd said Sunday that President Joe Biden appeared to be facing down “pretty big credibility crisis.”
Todd spoke with fellow MSNBC host Willie Geist on “Sunday Today” to discuss the political news of the day, from the growing crisis at the U.S.-Mexico border to reports confirming that a U.S. drone strike had killed an Afghan aid worker and his family rather than the intended ISIS-K operators. Geist mentioned those issues along with the FDA’s announcement recommending COVID-19 booster shots for only those at high risk or over 65, despite Biden’s plan to make boosters available for everyone by September.
Senate Minority Leader Mitch McConnell (R-KY) said Tuesday he is not “bluffing” on Senate Republicans’ stand on the debt ceiling.
McConnell told Punchbowl News that Republicans will not help the Democrat-controlled Congress raise the debt ceiling, which is required for the government to continue operating alongside a bill to fund the government.
The leading Senate Republican said that Democrats have the onus of raising the debt ceiling:
Sixty people were shot, seven of them fatally, over the weekend in Mayor Lori Lightfoot’s (D) Chicago.
Breitbart News noted that more than 30 were shot Friday into Saturday night alone in Chicago, and three of those shooting victims succumbed to their wounds:
Police tape marks off a Chicago street as officers investigate the scene of a fatal shooting in the city's South Side on Tuesday, June 15, 2021. An argument in a house erupted into gunfire early Tuesday, police said. (AP Photo/Teresa Crawford)
Police tape marks off a Chicago street as officers investigate the scene of a fatal shooting (AP Photo/Teresa Crawford).
By Monday morning, the number of shooting victims had doubled,
The latest Golden/TIPP poll shows that nearly two-thirds (63 percent) of Americans believe the Biden administration’s way of withdrawing from Afghanistan was a mistake.
Biden’s botched withdrawal ended with the deaths of 13 U.S servicemembers and many wounded, along with hundreds of Americans still trapped in the Taliban-controlled country.
The poll asked respondents, “Please indicate the extent to which you agree or disagree with the statement: The way the Biden Administration executed the withdrawal from Afghanistan was a mistake.”
I ask this question for two reasons:
I have seen enough videos and read about enough officer-civilian interactions to know that the act of subduing a lethal threat requires several rounds.
If an intruder entered my home and threatened my wife and child, I would shoot until I was able to ensure the target was immobilized.
As to the first statement, there are plenty of examples of police officers firing multiple shots at a suspected threat. In the past year, the American public has been thoroughly able to parse through the shootings of criminals like Breonna Taylor and Antonio Brown, to name just two examples.
Taliban jihadists reportedly began seizing personal weapons from Afghans in Kabul on Sunday, claiming civilians “can now feel safe” and no longer need the firearms because the terrorists had taken over the country.
Taliban officials declared victory and the restoration of the Islamic Emirate of Afghanistan after occupying the presidential palace in Kabul on Sunday.
Mullah Abdul Ghani Baradar appeared in a Twitter video alongside other Taliban leaders, in which he pronounced victory in the battle for Afghanistan.
Joy Reid: Cuomo ‘Was a Good Crisis Manager’ Despite ‘Many Issues, Including Nursing Homes’
21 replies
On Thursday’s broadcast of MSNBC’s “The ReidOut,” host Joy Reid stated that while New York Gov. Andrew Cuomo (D) should resign, he “did a much better job on the pandemic than Trump, even with all of the issues.” And “was a good crisis manager for what it was worth,” despite his many “issues, including nursing homes.”
Reid began by stating that Cuomo should resign and would do so if he had a conscience. She later added that “If Cuomo gets impeached, he gets impeached. I literally don’t care what happens to him.
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Moving on Up: LA and Seattle Homeless
Will Be Relocated to Taxpayer-Funded Luxury Apartments 45 replies
Will Be Relocated to Taxpayer-Funded Luxury Apartments 45 replies
Three glistening new buildings in downtown Seattle with 165 studio apartments — originally to be rented at market rates — will instead house the homeless.
The Low Income Housing Institute (LIHI) is buying the buildings with taxpayer dollars for about $50 million, with federal COVID-19 relief funds splitting the cost equally. Seattle City Hall is contributing about $25 million, while also using “American Rescue Plan Act” funds. A large portion comes from Washington State’s Department of Commerce.
Left-wing Seattle Mayor Jenny Durkan, so unpopular she can’t run for re-election, claims the deals will house people quickly and cheaply, compared to the time and cost required to develop similar projects from scratch.
One of Colorado’s largest hospital systems has implemented a new policy that denies organ transplants to patients who have not taken the experimental Covid-19 vaccine under “almost all situations.”All organ donors will also have to be vaccinated under the new policy, and it has already stopped one woman from receiving the life-saving treatment she needs.Last month, the University of Colorado Health sent a letter to Leilani Lutali informing her that her status on the waiting list for a kidney transplant was “inactivated” for “non-compliance” because she has chosen not to take the jab.
Coweta County, GA – An alleged home intruder wanted on multiple warrants was found dead on the front porch of a residence after he broke into a house and was mauled to death by two dogs, according to police. Coweta County sheriff’s deputies were called to a residence on Walt Sanders Road off of North Highway 29 at approximately 10:30 a.m. on Sept. 24 after the homeowner returned to his house and found a man dead on his porch, The Newnan Times-Herald reported. The deceased man was later identified as 21-year-old Alex Binyam Abraha, an Atlanta resident who was wanted on multiple warrants out of Fulton County, according to WTVT.
‘F*** Biden’ signs outside Michigan
presidential visit were embarrassing,
says congresswoman 37 replies
presidential visit were embarrassing,
says congresswoman 37 replies
HOWELL, MI -- President Joe Biden saw a clear message from the window of his motorcade while driving to an event in Howell on Tuesday.
“F*** Biden” was visible on flags and signs carried by a crowd of protesters gathered along M-59 in Livingston County, a deeply conservative part of the state. U.S. Rep. Elissa Slotkin, D-Holly, said she was “embarrassed” by the profane message as she sat next to the president, who pointed out the signs as they passed by the rally.
Biden is Brewing a National Crisis
34 replies
Have we ever had a president who in mere months made so many dumb, intemperate decisions, thereby precipitating major crises? You’d think that the Afghanistan and border fiascos would suffice for one four-year term. But the smart money is that we haven’t seen the last of Biden-manufactured crises. Biden is a nightmare version of Pig-Pen of the Peanuts comic strip.. A perpetual cloud of incompetence, conceits, corruption, and shabby political motives swirls around him. (snip) As Niall Stanage of the Hill put it, “President Biden’s biggest vulnerability isn’t any single issue. It’s the risk that he could be seen as losing control of events.”
An 18-year-old Texas student charged with opening fire inside his classroom, wounding four people including his teacher, is facing three counts of aggravated assault as his family said he was bulliedTimothy George Simpkins, 18, has been charged with three counts of aggravated assault for firing a .45 caliber gun during a fistfight at school on Wednesday morning, before fleeing in his Dodge Charger. He is pictured in his booking photo taken on WednesdayTimothy George Simpkins, 18, has been charged with three counts of aggravated assault for firing a .45 caliber gun during a fistfight at school on Wednesday morning, before fleeing in his Dodge Charger.
White House Press Secretary Jen Psaki attempted to walk back a statement by presidential climate envoy John Kerry which claimed President Joe Biden "had not been aware of what had transpired" following a submarine deal with Australia that upset the French. "Of course he was aware of the French being upset," Psaki said in response to a question on the matter from Fox News' Peter Doocy. "He of course was aware, the president, of the French being displeased about the deal with the Australians. John Kerry also speaks regularly to the French as part of his role as the climate envoy. He's someone who also served as Secretary of State."
Doctors are getting angry at their patients
28 replies
One of the more bizarre twists in the saga of the COVID pandemic has been doctors growing increasingly frustrated and even angry with patients asking for medical treatment rather than wholesale vaccination. (snip) Some patients take exception to this approach and ask for ivermectin, which is being used outside of the United States to treat early COVID. There is a significantly lower incidence of serious cases of COVID in countries that use ivermectin for early exposures.
Doctors are not taking kindly to the suggestion that patients should have access to medication that can prevent serious illness. They are denouncing ivermectin as a veterinary drug
Is it really a surprise that a formal move toward police repression of its political opponents – siccing the FBI on critics of Critical Race Theory – is coming from the chief law enforcement officer of the Biden regime? The latest polling indicates that the already low public approval of the Biden presidency is declining further.
The prospects for any improvement in these numbers are poor. (snip) The term “crisis of confidence” has been in play for at least a month (snip) More than half of Americans say 55 - 42 percent that the Biden administration is not competent in running the government.
A district court judge issued a Temporary Restraining Order blocking Texas S.B. 8 abortion law on Wednesday, finding in favor of the U.S. Department of Justice, which had sought the order to block the law from going into effect. "A person’s right under the Constitution to choose to obtain an abortion prior to fetal viability is well established. Fully aware that depriving its citizens of this right by direct state action would be flagrantly unconstitutional, the State contrived an unprecedented and transparent statutory scheme to do just that," U.S. District Judge Robert Pittman, of the Western District of Texas, Austin Division, wrote in a 113-page ruling.
The movement has started and it’s happening in the so-called “blue states”, New York fans at Fenway also chanted “F*ck Joe Biden last night!”
A baseball Karen called the entire stand who chanted “F*ck Joe Biden” racist, but the people around her gave a her a serious reality check!
White House Weaponizes DOJ Against Parents
25 replies
It should be obvious that no sane parent would ever allow ideology to supersede the proper education of her children. Yet, during the past year, it has become equally clear that many of the nation’s school systems are indoctrinating students using politically tendentious curricula that most of the public considers . . . well . . . insane. This has resulted in widespread protests by parents of all political persuasions to which school boards have responded with stunning hostility. The magnitude of this animus was revealed this week when the National School Boards Association (NSBA) equated parents with “domestic terrorists,” and the Biden administration directed the FBI to investigate them.
Comments:
Get ready. It's bad already, and it's going to get worse.