Treasury Secretary Janet Yellen: High
inflation should fall in middle of 2022
Posted By: Ribicon, 10/25/2021 12:06:19 AM
Treasury Secretary Janet Yellen says the high inflation in consumer prices that is stretching pocketbooks thin will spill over into 2022 before slowing down the second half of next year. Ms. Yellen said Sunday that monthly rates of inflation have already fallen this year, but added that the “inflation rate will remain high into next year because of what has already happened.” “But I expect improvement by the middle to end of next year,” she said on CNN’s “State of the Union.”(Snip)Former Treasury Secretary Larry Summers sounded the alarm last week, saying that monetary policy makers in the United States and across the globe are too focused on social
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The Defence Secretary today blamed Donald Trump for the speedy collapse of Afghanistan into the hands of the Taliban. Ben Wallace told MPs that a 2020 deal struck by the Trump administration with the Islamic extremists 'couldn’t have been more helpful to the regime in achieving its victory'. He made the claim as he faced a grilling over the speedy military collapse of Afghanistan, which sparked an emergency evacuation of western forces and diplomats in the summer.(Snip)He denied that Nato soldiers had been militarily defeated but admitted: 'Our resolve was found wanting'. And he said he knew 'the game was up' in July.
Donald Trump Jr. is taking aim at a longtime family foe—he’s hawking a t-shirt that uses a tragic movie-set shooting to mock Alec Baldwin, who famously skewered his father on “Saturday Night Live.”
A tee declaring “Guns Don’t Kill People, Alec Baldwin Kills People” is selling for $27.99 on a merchandise site linked to the former president’s namesake son. The reference is to the Thursday slaying of cinematographer Halyna Hutchins, who was hit by discharge from a prop gun while working on the Baldwin film “Rust.” Baldwin, the film’s star, was handling the weapon from which the fatal shot was fired. The movie’s director was injured as well.
The NYPD is doing everything in its power to convince its members to receive life-saving COVID vaccine shots as the city’s mandate deadline looms—a cutoff that could send a quarter of the police force home without pay. “We have to prepare as if this is going to go into effect Friday evening and that’s exactly what we’re going to do,” Police Commissioner Dermot Shea said on NY1 Tuesday. “We have vaccines available throughout the city for our members.” Shea said that 72% of the NYPD has gotten at least one vaccination shot.(Snip)Opposition to Mayor de Blasio’s mandate led to a massive protest in lower Manhattan Monday
City workers took to the streets Monday to protest Mayor Bill de Blasio’s vaccine mandate for the entire municipal workforce.
At least 20 people were arrested during the protest, a police source said. Days after the mayor announced that all government employees except for jail staff will need to receive a vaccine shot by Friday or be placed on unpaid leave, about 5,000 incensed demonstrators marched over the Brooklyn Bridge to Manhattan. Many carried American flags, chanting, “[Expletive] de Blasio” and “We will not comply!”
Some protesters wore NYPD and FDNY shirts, and several hoisted Gadsden “Don’t Tread on Me” flags, while others took to the extreme of wearing yellow stars
The anti-Biden catchphrase “Let’s Go Brandon” was apparently too big for just one hit record. In what may be a musical first, two different rap anthems with the same name—“Let’s Go Brandon”—held the No. 1 and No. 2 spots Monday on the iTunes top 10. “Let’s Go Brandon” by Bryson Gray featuring Tyson James and Chandler Crump topped the charts, one spot ahead of “Lets Go Brandon” without the apostrophe by Loza Alexander, pushing British superstar Adele’s “Easy On Me” to third place. What’s more, Mr. Alexander’s “Lets Go Brandon (Extended Version)” was No. 16. The songs were inspired by an NBC sports correspondent
China has launched a new satellite that analysts say can be used as a weapon capable of grabbing and crushing American satellites.
The Shijian-21 satellite was sent aloft on Sunday atop a rocket booster from the Xichang Satellite Launch Center, ostensibly for cleaning “space debris,” according to the China Aerospace Science and Technology Corp, Beijing’s state-run space company. The company stated that the satellite is “tasked with demonstrating technologies to alleviate and neutralize space debris.” The robotic satellite launch followed a suspected recent test of a new hypersonic missile that Chinese officials said was a peaceful space experiment. The commander of the U.S. Space Command, Air Force
The Biden administration is reportedly in talks to appoint Kim Wyman, a Republican secretary of state who challenged former President Trump's false claims of fraud, to lead efforts to protect elections from interference. It would make Wyman, 59, one of the most senior GOP appointments in the administration. And it would propel her into a prominent position working with election officials around the country at a time when much of her own party has sown doubt about voting integrity. Federal officials have spent weeks in talks with Wyman, Washington state's secretary of state, to become the election security lead for the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency
President Biden’s decision to halt border wall construction has left parts of Arizona so dangerous that the U.S. Forest Service has banned its employees from going there, according to a border rancher who grazes cattle on those lands. Jim Chilton, whose ranch covers 5.5 miles of the border, was thrilled when the government began replacing the four-strand barbed wire fence with a Trump-style border wall. Five miles were completed by the end of the last administration. But after Mr. Biden’s construction halt, Mr. Chilton now has a half-mile gap, and people are pouring through like a funnel. “Actually, the border danger is far worse than it has ever
President Joe Biden on Monday pushed to get a deal done on his multi-trillion social spending plan before he heads for Europe later this week by repeating his debunked claim it costs nothing and painting the child tax credit as a 'tax cut' for the middle class.
'We need to get this done,' Biden said in remarks at the NJ Transit Meadowlands Maintenance Complex in Kearny, New Jersey.(Snip)'Under my plan, no middle class family will spend more than 7% of their income on childcare,' he said. Then Biden did as he always does when he wants to emphasize a point—he leaned forward to whisper into the microphone
Amid soaring inflation, alarms sounded
about central banks’ focus on climate
change, racial justice 6 replies
about central banks’ focus on climate
change, racial justice 6 replies
Former Treasury Secretary Larry Summers’ criticism that the Federal Reserve and other central banks are too focused on “woke” social issues reflects a growing concern that policymakers aren’t paying enough attention to inflation. the argument from Mr. Summers, a Democrat, also comes as Senate Republicans are trying to prevent congressional Democrats and President Biden from pressuring the Fed to install regional directors who would devote some of their duties to climate change and racial equity. They describe it as a dangerous case of “mission creep” from the central bank’s traditional role of ensuring maximum employment and price stability. All 12 Republicans on the Senate Banking Committee fired a warning shot
Once upon a time it was simple. Children went to sleep on a diet of bedtime stories that grew out of folklore, depended on magic or were just enchantingly simple: Little Red Riding Hood, Cinderella and Goodnight Moon. Not anymore, because these days bedtime is all about getting woke. Take a glance at the shelves of the children's department of any major bookstore. Teach Your Dragon About Diversity, sits next to Daddy & Dada.(Snip)There are books about transgender infants, queer families and dreamers, but the subject that dominates all others, bound up in the pages of child-friendly picture books, is race–that and a dollop of police brutality
Children 18 and under will get a blanket exemption from the administration's new vaccine requirement on international travelers visiting the U.S. that goes into effect Nov. 8th. The administration created the exception due to different rules and availability for vaccines for kids in other countries, officials said Monday. Also getting a carve-out are citizens from 50 countries where less than 10 per cent of people are vaccinated 'due to the lack of availability of vaccines.'(Snip)'Preventing people from getting sick, hospitalized and dying of covid is a top, top priority,' said a senior administration official on a media call. The administration is doing 'everything we can do to incentivize
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Huma Abedin has claimed in her forthcoming memoir that she was sexually assaulted by an unnamed US senator. The longtime Hillary Clinton aide and estranged wife of former congressman and convicted sex offender Anthony Weiner wrote in her new book 'Both/And: A Life in Many Worlds,' out next week, that she was able to put the incident out of her mind for years.It was not until Christine Blasey Ford was testifying about her alleged assault by Supreme Court Justice Brett Kavanaugh in 2018 that the memory resurfaced. She did not name the senator or his political party.
Furious parents and conservatives have told Barack Obama to apologize to a Loudoun County, Virginia, couple and their daughter who was raped by a skirt-wearing boy in a school bathroom in May, after the former President called the row encircling it 'fake outrage' and a 'phony trumped-up culture wars'. On Monday, juvenile court judge Pamela Brooks ruled that the boy - who has not been named - did force himself on the 15-year-old girl on May 28 in the bathroom at Stone Ridge High School in Leesburg, Virginia. Loudoun County Schools hasn't commented on the verdict. Students walked out of their classrooms on Tuesday in a show of 'solidarity'
Pacing up and down and talking animatedly on her phone, rookie armorer Hannah Gutierrez-Reed was seen for the first time since a gun she loaded killed cinematographer Halyna Hutchins while being handled by Alec Baldwin.
Gutierrez-Reed, 24, has fled Santa Fe and was found at her dilapidated Bullhead City, Arizona, home by DailyMail.com where she declined to speak about the fatal accident.
Exclusive DailyMail.com photos show a worried-looking Gutierrez-Reed pacing outside her home and speaking on the phone before dashing back inside and refusing to answer the door.
I wrote previously about the offensive remarks that Barack Obama made while he was campaigning for Terry McAuliffe in Virginia.
Among those remarks were ones attacking the concerns that parents have had in Virginia about what is happening in the schools and what is being taught. “We don’t have time to be wasted on these phony trumped-up culture wars, this fake outrage, the right-wing media’s pedals to juice their ratings.” He accused Republican gubernatorial candidate Glenn Youngkin of avoiding “serious problems that affect serious people,” and suggested that outrage over the actions of school boards is unjustified.
So, someone want to apprise Mr. Pen and Phone
Does Alec Baldwin Deserve Decency?
35 replies
It was probably the worst day of Alec Baldwin's life when he accidentally shot and killed cinematographer Halyna Hutchins on the set of the movie "Rust" on Oct. 21. It's a time to feel terrible about a 42-year-old woman with a husband and a young son. Then, CNN's Jake Tapper used it in one of his commentaries to denounce the entire Republican Party for making this tragedy an occasion for jokes. "There's something about our politics right now that is driving people away from our shared humanity."
Our current secretary of the Treasury, Janet Yellen, is busy trying to find a way to tax wealth without calling it taxing wealth. She has eyes on taxing unrealized capital gains. What this means simply is taxing people for money they have not earned or received. That's it in a nutshell. That definition should leave even those who have never had a course in accounting or finance shaken.
Not only is Janet Yellen considering this, but the Democrat party is on board as well.
Donald Trump Jr. is taking aim at a longtime family foe—he’s hawking a t-shirt that uses a tragic movie-set shooting to mock Alec Baldwin, who famously skewered his father on “Saturday Night Live.”
A tee declaring “Guns Don’t Kill People, Alec Baldwin Kills People” is selling for $27.99 on a merchandise site linked to the former president’s namesake son. The reference is to the Thursday slaying of cinematographer Halyna Hutchins, who was hit by discharge from a prop gun while working on the Baldwin film “Rust.” Baldwin, the film’s star, was handling the weapon from which the fatal shot was fired. The movie’s director was injured as well.
The FDA is meeting on October 26th to give advice to parents on vaccination for children ages 5-12 and the Biden administration is poised to roll out vaccines for this age group for COVID-19. Is this a good idea and what information do parents need to make this decision for their kids? (snip) For ages 0-19, the survival rate is 99.9973%. This means that for age 0-19 there will be one death for every 37,000 infections (snip) For age 12-17 there have been 22 deaths and 21,000 adverse events reported. In the late teens and twenties, 111 deaths have occurred
MSNBC host Mehdi Hasan supports segregating those who are unvaccinated against the coronavirus and denying them access to basic goods and services. Remember, folks: It’s about public health. It’s definitely not a new-age religious cult whose most zealous adherents believe the path to salvation is through punishing the wicked “unbelievers.” Hasan’s comments in support of isolating the unvaccinated came this week in reference to public remarks made by left-wing luminary Noam Chomsky (he’s still alive, by the way).
Chomsky said this week during an interview with Curt Jaimunga that the issue of vaccine mandates — that is, forcing the unvaccinated
Joe Biden is out tonight to speak at the rally for Terry McAuliffe in Virginia.
Now, one has to think that McAuliffe is feeling pretty desperate to have Biden out to stump for him. As we previously reported, McAuliffe acknowledged that Biden was not popular in Virginia and that basically they had to work their way around that fact. So he must be just grasping for anything he can having Biden in to speak at this point.
I can’t imagine Biden helping him at all. Biden doesn’t have any ability to really draw anyone. He surely doesn’t give an inspiring stump speech.
The Marine Corps warned in a message to the force on Saturday that Marines will be kicked out if they do not get the coronavirus vaccine.The Marine Administrative Message (MARADMIN), signed October 23 and posted to the Marine Corps’ website, said: Marines refusing the COVID-19 vaccination, absent an approved administrative or medical exemption, religious accommodation, or pending appeal shall be processed for administrative separation [in accordance with] this MARADMIN and supporting references. General Court-Martial Convening Authorities (GCMCA) retain authority to take any additional adverse administrative or disciplinary action they deem appropriate.The MARADMIN applies to both active duty and reservists.
On Tuesday, CBS Mornings welcomed left-wing filmmaker Ava DuVernay on the broadcast to promote her new Netflix biopic series about radical activist and former NFL quarterback Colin Kaepernick. While chatting about the ultra-woke propaganda viewers could expect on the upcoming show, co-host Nate Burleson – a former NFL player – touted how the series outrageously compared the NFL scouting and drafting process to “slavery.”“Powerhouse filmmaker Ava DuVernay teamed up with activist and former NFL star Colin Kaepernick to tell his coming of age story.
Comments:
Is she criminally insane? Utterly incompetent? Why is she allowed to remain in her position when she either has no idea what she's doing, or is actively undermining the nation and stealing from the bourgeoisie through inflation?