Federal Reserve Chair Jerome Powell says
Omicron WILL pose a threat to the US economy
and make the bid to reverse soaring inflation
more difficult and could see prices increases
'well into next year'
Posted By: Ribicon, 11/29/2021 8:34:38 PM
Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring, while also raising uncertainty about inflation. The recent increase in delta cases and the emergence of the omicron variant 'pose downside risks to employment and economic activity and increased uncertainty for inflation,' Powell said Monday in prepared remarks to be delivered to the Senate Banking Committee on Tuesday. The new variant could also worsen supply chain disruptions, he said. Powell's comments come after other Fed officials in recent weeks have said the central bank should consider winding down its ultra-low interest rate policies more quickly than it currently plans.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
person likes this.
person likes this.
people like this.
Below, you will find ...
Most Recent Articles posted by "Ribicon"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by
Ribicon"
The director of the Centers for Disease Control and Prevention said Sunday that public health officials don’t yet know how well COVID-19 vaccines will work against the omicron variant. “We know it has many mutations, more mutations than prior variants, and many of those mutations have been associated with more transmissible variants with evasion of some of our therapeutics and potentially invasion—evasion of some of our immunity, and that’s what we’re watching really carefully,” Dr. Rochelle Walensky said on ABC’s “This Week.” “What we don’t yet know is how transmissible it will be, how well our vaccines will work, whether it will lead to more severe disease.”
More than 500 officers with the already depleted city Department of Corrections are still refusing to get vaccinated against COVID-19 and remain on unpaid leave. New data released by the city shows 17% of DOC uniform officers had yet to receive at least one jab as of Thursday night–two days after a deadline imposed by Mayor Bill de Blasio kicked in requiring proof of inoculation for them to continue working.(Snip)The mayor gave the DOC permission to assign 12-hour shifts and “any other measures necessary to address the current staffing shortage” earlier this week as the agency prepared for an employee shortage.
Hundreds of enraged Muslims in eastern Pakistan lynched and publicly burned the body of a Sri Lankan sports equipment factory manager on Friday over alleged blasphemy. Priyantha Kumara was accused by factory workers of desecrating posters bearing the name of Islam's Prophet Muhammad. The mob descended on the factory in the district of Sialkot in Punjab province and police arrested 13 suspects, with dozens detained according to officials.(Snip)Friday’s attack came less than a week after a Muslim mob burned a police station and four police posts in northwestern Pakistan after officers refused to hand over a mentally unstable man accused of desecrating Islam’s holy book, the Quran.
Santa Claus is coming to town—with a legally concealed handgun. A sheriff’s office in Colorado tweeted a photo of someone dressed as Saint Nick getting his concealed carry permit, sparking outrage from some who slammed the post as insensitive. The picture showed a white-haired and bearded Kris Kringle wearing a Christmas-themed shirt under red overalls as he sat with a staff member of the El Paso County Sheriff’s Office. “Guess who came in to receive his Concealed Handgun Permit today?” the tweet read, along with a Santa-face emoji. “Did you know the El Paso County Sheriff’s Office has issued 49,750 Concealed Handgun Permits
Sen. Joe Manchin III, a key swing vote for the White House’s agenda, is backing a Republican-led effort to overturn President Biden’s national vaccine mandate for private businesses. Mr. Manchin, a West Virginia Democrat, plans to co-introduce a resolution disapproving of the mandate within the Senate next week. “I do not support any government vaccine mandate on private businesses,” he said. “That’s why I have cosponsored and will strongly support a bill to overturn the federal government vaccine mandate for private businesses.”
Mr. Manchin argued that while he supported every American getting vaccinated against the coronavirus, it was inappropriate for the federal government to make demands of private employers.
Brian Kelly took his talents away from South Bend, and immediately appeared to bend South. The new LSU head coach stepped on the court with a microphone at the Tigers’ basketball game on Wednesday, and spoke with a Southern twang that everyone on the internet finds hilarious. “This is a great way to get started, and I haven’t even won all my games yet,” Kelly, a Massachusetts native, told LSU fans. “It’s a great night to be a Tiger. I’m here with my family, and we are so excited to be in the great state of Louisiana.” The word “family” was particularly exaggerated, and sleuths have already figured out
Another 75 cases of the super-mutant Omicron variant have been identified in England, health officials confirmed, after it was revealed that the majority of sequenced infections of the new variant are in fully vaccinated people. It comes after health officials revealed earlier today that more than half of England's Omicron Covid cases that have been genetically sequenced were in double-vaccinated people. It is not yet known whether today's additional 75 cases were in double-jabbed or non-vaccinated individuals.(Snip)It came hours after No10's scientists called for the introduction of vaccine passports and work-from-home guidance to counter the spread of the super-mutant
“Say the word!” speaker after speaker implored the crowd. Reparations!” the audience responded loudly each time. Dozens of faith leaders and advocates gathered outside the Statehouse in Trenton for a rally Thursday to continue a more than two-year push for New Jersey to establish a task force to study the history of slavery in the state and consider possible reparations because of it. The demonstrators, organized by the New Jersey Faith Allies for a Reparations Task Force, urged the Democratic-controlled state Legislature to pass the bill (S322) during the lame-duck voting session the began Thursday and ends Jan. 11. “We come here today to demand
Amid a surge in some New York City violent crime, Wall Street bigwigs continue to encourage younger staffers to come into the office—but to do so with caution. At Bank of America, senior executives have quietly encouraged younger employees to “dress down” to attract less attention as they make their way to B of A’s tower at 1 Bryant Park. These execs have told their staffers that dressing up, or wearing anything with a Bank of America logo, could make them a target. One bank employee told On The Money he is on high alert after he spotted someone with a knife near the office during a recent trek
The career criminal suspected of killing Jaqueline Avant in a Beverly Hills home invasion was arrested just an hour after the murder, when he shot himself in the foot during a separate burglary in Hollywood Hills, police have revealed. Aariel Maynor, 29, faces charges in Avant's murder early on Wednesday after an 'astute watch commander' in Hollywood connected the dots between the two home invasions, LAPD Deputy Chief Blake Chow said.(Snip)Neighbors of the Avants were so worried by the recent rise in burglaries in the neighborhood that they hired armed guards a week before the music executive's wife was killed.
Companies that donated to the Black Lives Matter (BLM) Global Network Foundation—including Amazon, Intel and Microsoft—have yet to weigh in on the movement’s call to boycott white companies this Christmas, despite the group profiting from corporate donations.
The organization on Instagram urged its supporters to participate in ‘Black Xmas’ by buying ‘exclusively from Black-owned businesses’ through January 1. ‘Move your money out of white-corporate banks that finance our oppression and open accounts with Black-owned banks,’ it said. But the group has benefited from huge corporate donations itself. In June 2020, Amazon said it donated $10 million to social justice causes including the ACLU Foundation, BLM,
Members of Congress say they still can’t get clear answers about the U.S evacuation effort in Afghanistan, but they’re being asked to approve an additional $7 billion to manage the pipeline of people still coming and the tens of thousands of Afghans already here. House Democrats announced the $7 billion item early Thursday as part of a stopgap spending bill to keep the government running past a Friday shutdown deadline, buying time for lawmakers to try to hash out a broader spending deal for fiscal year 2022. The evacuee money, agreed to by top Republicans and Democrats, comes on top of $6.3 billion included in the last stopgap bill
Most Active Articles (last 48 hours)
Former Vice President Mike Pence says he knows he did "the right thing" on Jan. 6 in certifying the 2020 election and ignoring the requests from then-President Donald Trump to overturn the Electoral College results."I know in my heart of hearts that on that day, we did our duty, under the Constitution," Pence said in an interview with the Christian Broadcasting Network that was released a few days ago. "I don't know if President Trump and I will ever see eye to eye on that day. Or that many of our most ardent supporters will agree with my decision that day. But I know I did the right thing."
CNN fires Chris Cuomo
44 replies
New York CNN said Saturday that anchor Chris Cuomo has been "terminated" by the network, "effective immediately."
The announcement came after an outside law firm was retained to review information about exactly how Cuomo aided his brother, former New York Gov. Andrew Cuomo, when the then-governor was accused of sexual harassment.
CNN said in a statement: "Chris Cuomo was suspended earlier this week pending further evaluation of new information that came to light about his involvement with his brother's defense. We retained a respected law firm to conduct the review, and have terminated him, effective immediately."
"While in the process of that review, additional information has come to light,"
Three police officers were denied service at a San Francisco restaurant because staff "felt uncomfortable" that they were armed.
"Three armed and uniformed San Francisco police officers came in to dine at Hilda and Jesse" on Union Street on Friday, the restaurant said in a post on its Instagram page.
"Shortly after seating them, our staff felt uncomfortable with the presence of their multiple weapons. We then politely asked them to leave."
On Saturday, Chris Cuomo was fired from CNN “effective immediately.”
The decision was unexpected by the many people who figured that the network that kept Jeffrey Toobin despite his… umm… scandal… would ultimately refuse to part ways with its apparent top anchor.
But, apparently, there was more to this story.
Cuomo was suspended after text messages released by the New York attorney general’s office showed Cuomo was actively assisting with his brother’s response to the allegations of sexual misconduct against him and exploiting his media connections to dig up dirt on Andrew’s accusers.
But, according to the statement, during the review, “additional information
For nearly a year the Biden “presidency” -- whoever they are -- has subjected the United States to a destructive revolutionary agenda of unprecedented scope and virulence, all of it arising out of an irrational civilizational death wish for which there is no historical parallel.
No more than a small minority of Americans knowingly voted for this.(snip) the only question worth asking is how, if at all, a counterrevolution of sanity can be mounted and succeed.
Surprisingly, there is real hope. That hope lies in two stubborn centers of resistance that remain: nearly 50% of the American electorate, judging by the 2016 and 2020 elections; and the Republican Party.
Donald Trump had McDonald's brought to
hospital while he was treated for COVID-19
in October 2020 33 replies
hospital while he was treated for COVID-19
in October 2020 33 replies
Donald Trump's love affair with fast food carried on even when he was hospitalized with COVID-19 as the then-president ordered McDonald's to be brought to his room at Walter Reed Hospital, according to an upcoming book by his former chief of staff. In The Chief's Chief, Mark Meadows writes Trump didn't seemingly lose his sense of taste, as some COVID sufferers have reported, when he demanded takeout during his October 2020 hospital stay. 'They had to eat with face shields on at the doctor's orders, which didn't thrill any of them,' the book, Meadows writes in the book, which comes out Tuesday.
Republican Senate candidate Dr. Oz supports
transgender surgeries for kids, occult practices 32 replies
transgender surgeries for kids, occult practices 32 replies
Pro-LGBT talk show host Dr. Mehmet Oz announced his candidacy for a hotly-contested Senate seat in Pennsylvania next year, running as a Republican despite a history of transgender activism and support for other liberal causes.(Snip)In a tweet unearthed by conservative commentator Jack Posobiec, Oz endorsed theories of “systemic racism.” And though he has largely framed his Senate bid around fighting lockdowns and COVID mandates, Dr. Oz once accosted fellow talk show host Wendy Williams for choosing not to get an experimental coronavirus jab.
Pelosi: The Supreme Court Has the Responsibility
to ‘Honor the Constitution’ And Uphold
Roe v. Wade 31 replies
to ‘Honor the Constitution’ And Uphold
Roe v. Wade 31 replies
House Speaker Nancy Pelosi (D-CA) issued a statement Wednesday on the Supreme Court case Dobbs vs. Jackson Women’s Health Organization, where she said the Court has the responsibility to “honor the Constitution” and uphold abortion rights.
The Dobbs case, as I’ve been covering, surrounds the constitutionality of a 15-week abortion ban in Mississippi. Dobbs is the first case in decades with the potential to overturn landmark cases Roe v. Wade and Planned Parenthood v. Casey, which gave women the right to an abortion.
In a statement shared via Twitter,
How Much Longer for COVID Scare Tactics?
31 replies
So, here we are again: A new COVID variant has appeared on the world stage, this one called 'omicron,' supposedly originating in South Africa. It’s already been detected in Europe and Canada, and the inestimable Dr. Anthony Fauci opines it’s a matter of “when” not “if” it’s a major factor here in the U.S.
With Pavlovian predictability, the Democrats have shifted into an even higher “Vaccinate Now!” overdrive gear. This new strain is being used as the latest club with which to pummel recalcitrant vaccine resisters into shame and submission.
They’re everywhere, they’re everywhere! “They” being “white supremacists,” of course. Not that we didn’t already know MSNBC’s Joy Reid is without question the most bitterly race-obsessed individual in the “news media” — if not on the planet — but almost literally, every time this race hustler opens her silly mouth to spew even more racially-divisive nonsense, she ups her pathetic game. A difficult task, one might assume, which Reid continues to pull off like a piece of cake. Here’s what Reid said in response to the Kyle Rittenhouse verdict, as transcribed by The Blaze: “[T]his is what we expected to
Awkward: Bidens late for Christmas tree
lighting, audience ordered to repeat welcoming applause 29 replies
lighting, audience ordered to repeat welcoming applause 29 replies
The Bidens were on Biden time last night as they arrived at their designated spot for the National Christmas Tree lighting ceremony. They were late. They were late enough that the host of the ceremony held on The Ellipse in President’s Park south of the White House had to ask the audience to re-do their applause after the First Couple’s introduction.
Last night was the 99th annual National Christmas Tree lighting. Is it too much to ask that Biden’s keepers get him outside on time to flip a switch? Apparently so, and it turned out to be a moment more awkward than usual for Sleepy Joe.
Hundreds of enraged Muslims in eastern Pakistan lynched and publicly burned the body of a Sri Lankan sports equipment factory manager on Friday over alleged blasphemy. Priyantha Kumara was accused by factory workers of desecrating posters bearing the name of Islam's Prophet Muhammad. The mob descended on the factory in the district of Sialkot in Punjab province and police arrested 13 suspects, with dozens detained according to officials.(Snip)Friday’s attack came less than a week after a Muslim mob burned a police station and four police posts in northwestern Pakistan after officers refused to hand over a mentally unstable man accused of desecrating Islam’s holy book, the Quran.
Comments:
Federal Reserve Chair Jerome Powell, an economic genius second only to Janet Yellen and AOC, blames the virus instead of the Russians or his own failed policies.