Post New Article

Up, up, and away: Consumer-price index
inflation now at 7.9%

Original Article

Posted By: Garnet, 3/10/2022 11:10:54 AM

And the annualized number may be even worse. The latest report on the consumer-price index shows inflation hit another 40-year high in February, with a year-on-year increase of 7.9%. The actual amount of inflation last month would hit almost double digits if annualized on its own, however:The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in February on a seasonally adjusted basis after rising 0.6 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.9 percent before seasonal adjustment. Increases in the indexes for gasoline, shelter, and food were the largest

Post Reply

Reply 1 - Posted by: cor-vet 3/10/2022 11:17:54 AM (No. 1095807)
It doesn't matter if you are a multi-millionaire congressional thief, a bill gates or warren buffett or a member of the Bidet or democrat crime families.
1 person likes this.

Reply 2 - Posted by: blueline 3/10/2022 11:32:02 AM (No. 1095824)
Brandon did this.
3 people like this.

Reply 3 - Posted by: john56 3/10/2022 11:33:01 AM (No. 1095826)
I have a feeling in a few months time, we'll look fondly about the days when inflation was "only 7.9%". I remember the double-digit inflation of the late 70s and early 80s. I guess I'll get to enjoy it again soon.
3 people like this.

Reply 4 - Posted by: WhamDBambam 3/10/2022 11:36:38 AM (No. 1095831)
Let's go Brandon.
1 person likes this.

Reply 5 - Posted by: reefdiver 3/10/2022 11:37:32 AM (No. 1095832)
When you destroy the middle class, which is clearly what this administration is working to do, you wind up like Venezuela.
4 people like this.

Reply 6 - Posted by: jalo1951 3/10/2022 11:45:15 AM (No. 1095839)
So here is the new lockdown, the new control. Gas prices so high you will not be able to afford to go anywhere. It will simply be to costly. Every extra cent you have will go toward food or other bills that must be paid. The little guy will not be going to the summer concert, or the baseball game (which might not happen anyway) or making a quick run to MacDonald's. And even if you could afford to actually drive there you will not be able to purchase anything because EVERYTHING is tied to inflation and the cost of energy. So the government will indirectly control your movement and your ability to feed your family. Two very big pillars. Throw in Russia stopping fertilizer sales and we are in a world of hurt. With Ukraine in rubble it will be difficult to get any wheat planted, sunflowers growing for oil or the corn they produce. It won't be long before Bernie Sanders is gearing up for his dream job. Passing out government bread to the peasants. The rich won't have a problem and the elites who work in DC won't feel a thing. Nancy will still have her freezer full of expensive chocolate ice cream. And we will be hoping for a bit of butter or cream cheese to go with our crust of bread. It is going to get much uglier than the Jimmy Carter mess. I never feared there was not enough food available. I just knew it was expensive and I had to make smart decisions. I now wonder if the food will actually be there.
3 people like this.

Reply 7 - Posted by: jalo1951 3/10/2022 11:51:53 AM (No. 1095846)
PS If we are lucky the government might pass out a baggie of freeze dried crickets with each loaf of bread. They want us to eat bugs anyway and save the expensive steaks for them, I mean save the planet.
1 person likes this.

Reply 8 - Posted by: GreatGreyhounds 3/10/2022 12:16:26 PM (No. 1095868)
Overheard a couple of people talking at the grocery store today saying that with gas prices as high as they are, it’s cheaper for them to quit work and live on welfare rather than work. Way to go, Joe!
2 people like this.

Reply 9 - Posted by: tootall 3/10/2022 1:48:35 PM (No. 1095961)
According to the old definition of inflation before the govt removd food and fuel we're at 16% now! (shadowstats.com) So I'm wondering if Hunter is still getting his $80,000 a month salary from Burisma? Where is the media? How complicit are they. The Ministry of Propaganda and Enlightenment of Hitler were pikers compared to these guys!
0 people like this.

Reply 10 - Posted by: 3XALADY 3/10/2022 2:42:22 PM (No. 1096025)
Price increases on things I use and have noticed are way more than 7.9%.
1 person likes this.

Reply 11 - Posted by: wakeupcall 3/10/2022 3:17:12 PM (No. 1096051)
In my world, inflation is taking about 35% more of my money to live today as I lived before 2021. Their 'New World Order' code words for Global Marxist Communist One World Government taking over America and the world.
1 person likes this.

Reply 12 - Posted by: Bur Oak 3/10/2022 4:27:17 PM (No. 1096121)
The real inflation is probably double the 7.9% or 16%.
1 person likes this.

Reply 13 - Posted by: mifla 3/11/2022 5:16:37 AM (No. 1096554)
So much for my retirement savings. Pelosi and Biden are rich, they don't have to care.
0 people like this.

Below, you will find ...
Most Recent Articles posted by "Garnet"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by Garnet"
Biden Tries to Blame Energy Failures on
‘Putin’s Gas Price Hike’
8 replies
Posted by Garnet 3/11/2022 12:27:50 AM Post Reply
When President Biden was inaugurated, the average price of regular gasoline in the U.S. was $2.38. A little over a year later, the price has reached a record high of $4.32. Attempts by the White House to blame this increase on Vladimir Putin notwithstanding, the price had already risen to $3.53 before Russia invaded Ukraine. The problem is obviously the direct result of Biden’s irresponsible energy policies. During his first few weeks in office he issued a series of executive orders for the explicit purpose of discouraging domestic energy production — while demand for fuel was rapidly increasing. The inevitable result has been stratospheric gas prices.
Exclusive: Special Counsel’s Office
Is Investigating The 2016 DNC Server Hack
4 replies
Posted by Garnet 3/10/2022 2:50:09 PM Post Reply
The U.S. Department of Defense tasked the same Georgia Tech researcher embroiled in the Alfa Bank hoax with investigating the “origins” of the Democratic National Committee hacker, according to an email first obtained by The Federalist on Wednesday. That email also indicates the special counsel’s office is investigating the investigation into the DNC hack and that prosecutors harbor concerns about the DOD’s decision to involve the Georgia Tech researcher in its probe. The special counsel branded this person “Researcher-1” in court filings. His identity has since been confirmed by his attorney as Georgia Tech’s Manos Antonakakis.
Pro-tip from Lavrov: "We didn't invade Ukraine" 19 replies
Posted by Garnet 3/10/2022 12:42:08 PM Post Reply
The good news: Russia’s foreign minister assured the world that Vladimir Putin has no desire to follow up his war in Ukraine by invading other countries. The bad news: Sergei Lavrov flatly denied that Russia attacked Ukraine, too. “Why should they believe a word you say?” asked a reporter. Good question, that: The Russian foreign minister, in a news conference following the meeting, denied Russia had invaded Ukraine. “We have no plans to invade other countries. We didn’t invade Ukraine,” said Mr. Lavrov, speaking in Russian through a live translation, in response to a question about Russia’s intentions. Mr. Lavrov didn’t explain the statement when questioned. “I think you said Russia did not invade
Laughing Harris in Poland: We're united
to confront Russia on what we know they've
done, and what we don't know they've done
21 replies
Posted by Garnet 3/10/2022 11:15:12 AM Post Reply
And now a little comic relief from our esteemed Veep, right when and where comic relief would be least appreciated. Kamala Harris flew to Poland to shore up NATO unity after a 72-hour fiasco in which the Biden administration encouraged and then refused a deal to send older Soviet-era MiGs to Ukraine. Poland, it should be noted, is on NATO’s eastern flank, a point which one would expect that Harris would get right the first time in her prepared remarks:Overall, the message of unity managed to eke out of these proceedings, but not with much clarity: “I want to be very clear
Up, up, and away: Consumer-price index
inflation now at 7.9%
13 replies
Posted by Garnet 3/10/2022 11:10:54 AM Post Reply
And the annualized number may be even worse. The latest report on the consumer-price index shows inflation hit another 40-year high in February, with a year-on-year increase of 7.9%. The actual amount of inflation last month would hit almost double digits if annualized on its own, however:The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in February on a seasonally adjusted basis after rising 0.6 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.9 percent before seasonal adjustment. Increases in the indexes for gasoline, shelter, and food were the largest
Russia: On second thought, we're not trying
to topple Zelensky's government
8 replies
Posted by Garnet 3/9/2022 2:46:34 PM Post Reply
You trust the Kremlin’s spokesman to be candid about Russia’s intentions, don’t you? “Some progress has been made,” foreign ministry spokeswoman Maria Zakharova said during a press briefing, referring to three rounds of talks with Kyiv… She also said Moscow does not intend to occupy Ukraine or overthrow its government.The army’s aim is “not to occupy Ukraine, or the destruction of its statehood, or the overthrow of the government. It is not directed against the civilian population,” Zakharova said. The Russian army has been shelling cities like Kharkiv and starving cities like Mariupol for days. The claim that its offensive isn’t directed against civilians is a breathtaking lie even by Russian standards.
Senate Dems fret: How do we keep from
getting blamed for high gas prices? WSJ:
Come on, man
21 replies
Posted by Garnet 3/8/2022 12:14:36 PM Post Reply
Who wants to tell them? Now that Joe Biden has gotten pushed into an embargo on Russian oil imports — with Senate Democrats doing a considerable amount of the shoving — the inevitable problem of consumer shock at gas prices will have to get tackled next. The ban on Russian oil will definitely keep those prices escalating, unless the US can find much more production to replace it. And that has Senate Democrats panicking in a midterm cycle that already looked like a disaster: The economic reverberations of a proposed ban on Russian oil and gas imports are fueling angst among Democratic lawmakers who are wrestling
Captured Russian officer apologizes to
Ukraine for ‘genocide,’ begs for mercy
10 replies
Posted by Garnet 3/7/2022 3:15:41 PM Post Reply
A Russian commander captured by Ukraine condemned Moscow’s “genocide” invasion — saying in a remarkable televised statement that the troops were duped into believing Kyiv had been overthrown by Nazis and needed liberating. National Guard Lt. Col. Astakhov Dmitry Mikhailovich, who was captured along with two other soldiers, said he had been told they were being sent to help Ukraine because it was “dominated by a fascist regime” and that “nationalists and Nazis had seized power.” “Obviously, this information was unilateral information,” Mikhailovich told reporters in a video that emerged Monday.The colonel said his doubts were further confirmed when he found out that his favorite boxers,
Biden’s Bizarre SOTU Proves He’s Unfit
for Office
14 replies
Posted by Garnet 3/4/2022 12:41:27 AM Post Reply
Much has been written about President Biden’s surreal State of the Union address, but the commentariat has studiously ignored the real problem with the speech. The trouble with this unnerving oration isn’t that much of it was fiction or that it revealed a vision of the nation that isn’t shared by most Americans. Its scariest feature is that it was filled with semi-coherent gibberish delivered by a man who is cognitively impaired and obviously unfit to carry out the duties of his office. If Biden were your father, you would relieve him of his car keys, yet he possesses the authority to launch a thermonuclear strike
Macron after call with Putin: Prepare
for the worst in Ukraine
12 replies
Posted by Garnet 3/3/2022 12:13:18 PM Post Reply
The most ominous detail here is that it was Putin who called Macron, not vice versa. If Macron had initiated the call, it would have been a plea for peace. With Putin initiating the call, the purpose was almost certainly to warn the west of escalation.The tsar’s pride is at stake and so many Ukrainians will have to die:(Snip for tweet)We’re at an odd stage of the war in which the tide seems to be turning towards Russia but Russia also seems to be turning more desperate. The now famous Russian military convoy outside Kiev has curiously stalled out over the past three days,
Chinese officials reportedly asked Russia
to delay Ukraine invasion until after
Winter Olympics
4 replies
Posted by Garnet 3/3/2022 12:07:51 PM Post Reply
A Western intelligence report shows signs that senior officials in China has at least some level of knowledge regarding Russia’s plans to invade Ukraine before it began last week, senior Biden administration officials and a European official told The New York Times.President Vladimir Putin had met with President Xi Jinping on February 4, shortly before the opening ceremony of the games. "Moscow and Beijing issued a 5,000-word statement at the time declaring that their partnership had 'no limits,' denouncing NATO enlargement and asserting that they would establish a new global order with true 'democracy,'" The New York Times reported.
State of the Union: World on edge, US
economy teetering, Biden to make most
consequential speech of his life
21 replies
Posted by Garnet 3/1/2022 12:47:47 PM Post Reply
President Biden will give his first State of the Union address Tuesday night, marking the most consequential speech of his lifetime as U.S. inflation soars and Eastern Europe devolves into war. While State of the Union speeches tend to concentrate on domestic issues, Russian President Vladimir Putin’s decision to launch a full-fledged invasion of Ukraine despite Biden’s repeated threats of economic sanctions has brought the U.S. president’s foreign policy agenda into central focus.Putin ordered his nuclear forces on high alert Sunday after the U.S. and other Western nations announced that they would remove selected Russian banks from the SWIFT international financial messaging system.
Most Active Articles (last 48 hours)
Jussie Smollett Melts Down in Courtroom
After Sentencing for Faking Hate Crime
33 replies
Posted by Hazymac 3/11/2022 6:40:52 AM Post Reply
Jussie Smollett, who faked a hate crime against himself in Chicago, was sentenced Thursday. Smollett was found guilty back in December, after he conspired with two men to make it seem as if Trump supporters had attacked him and tied a noose around his neck at 2:00 AM, in the middle of a polar vortex. While he received an initial outpouring of support, including from Vice President Kamala Harris, it quickly became apparent that his story wasn’t adding up. Why was he out after midnight getting a sandwich in sub-zero temperatures? Why didn’t he call the police right away? Why did he leave the noose on until police got there?
'I'm sick of this stuff': Biden tears
into people blaming HIM for inflation
and warns Democrats he will 'only have
a veto pen' if they lose to Republicans
in the midterms
29 replies
Posted by Imright 3/11/2022 4:34:04 PM Post Reply
President Joe Biden warned lawmakers attending the House Democratic Caucus Issues Conference Friday in Philadelphia that he'll have far less power next year if the Democrats lose Congress.'This off-year election, in my view, may be the most important off-year election in modern history. Because we know what happens, we know the fundamental change that shifts if we lose the House and Senate,' Biden told House Democrats. 'The only thing I'll have then is a veto pen.'Precedent and polling make Republicans look poised to take back control of the House, and possibly the Senate too,
Biden says Putin will pay a 'severe price'
if he uses chemical weapons and a conflict
between NATO and Russia would be 'World
War Three' as he bans imports of diamonds,
caviar and vodka and stops the delivery
of American luxury goods to Moscow
28 replies
Posted by Lets Go Brandon 3/11/2022 12:38:15 PM Post Reply
President Joe Biden announced on Friday he will revoke Russia's 'most favored nation' trade status over its invasion of Ukraine, another step in the series of harsh economic sanctions he and U.S. allies have imposed on Moscow. And he vowed Russian President Vladimir Putin would pay a 'severe price' if he uses chemical weapons in the Ukraine and said U.S. troops would not join the fight as not to provoke World War III. Biden announced Russia's change in status of a trade partner in lockstep with the fellow G7 nations to make it an even heavier burden on Moscow to carry. The move will also deny Russia the ability to borrow money
Breaking: CNN Expected To Make Big Changes;
Opinion-Oriented Anchors “Out By The
End Of Spring”
24 replies
Posted by PeterWolosin 3/11/2022 7:45:09 PM Post Reply
CNN continues to undergo massive changes coinciding with AT&T’s corporate handoff to new owner Discovery and the ouster of former company president Jeff Zucker. Zucker left, Chris Cuomo left, and sundry employees did the same as disgusting allegations of pedophilia came to light. Ratings have been in a freefall ever since Brandon was inaugurated and over-the-top, fake news about Donald Trump couldn’t be manufactured for its unthinking viewership anymore. Covid panic porn has likewise lost its luster. So, in a battle for survival, the “news” network’s owners are realizing that simply making up hysteria after hysteria might not be a viable long-term plan.
LOL: Biden Makes a Bold Prediction About
the 2022 Midterms
23 replies
Posted by Hazymac 3/11/2022 2:19:09 PM Post Reply
Conventional wisdom is that the 2022 midterms will be a political bloodbath for the Democrats. For starters, historically speaking, the party in power typically loses seats. But on top of that, Biden’s poor approval ratings are dragging down his entire party, and more than 30 House Democrats have announced their retirements. Nevertheless, during the Democratic National Committee’s winter meeting on Thursday, Biden insisted his party could defy history. How? All they’ve got to do is replicate their 2020 enthusiasm. “If we do that, we’re going to keep the House and keep the Senate — and add seats,” he claimed. Good luck with that. I suppose it’s Biden’s job
‘It’s hilarious’: Asst. principal
stunned after he’s booted for reading
‘I Need a New Butt’ to second-graders
23 replies
Posted by Beardo 3/11/2022 12:53:58 PM Post Reply
Mississippi elementary school assistant principal Toby Price was shown the door last week after, in what the superintendent called “a lack of professionalism,” he read a second-grade class a book called “I Need a New Butt.” The book, written by Dawn McMillan, is a “silly” story about a young boy’s quest to find a new butt because his “has a huge crack.” “Will he choose an armor-plated butt?” the Amazon description asks. “A rocket butt? Find out in this quirky tale of a tail, which features hilarious rhymes and delightful illustrations.”
University Of Michigan Accidentally Sends
Email ‘Committing’ To The ‘Advancement’
Of Anti-Semitism
22 replies
Posted by LoveYourCountry 3/11/2022 10:03:44 AM Post Reply
The University of Michigan’s diversity, equity, and inclusion lead accidentally sent an email to students “committing” to advancing anti-Semitism, according to email correspondence reviewed by the Daily Caller. In an email to students, Vice Provost for Equity and Inclusion Robert Sellers listed goals for the university’s culture to strive towards in light of the university achieving phase one of its five-year DEI strategic plan. Accidentally included in that list was the word “anti-Semitism.”
EXCLUSIVE: AOC-backed candidate facing
run-off with Texas congressman Henry Cuellar
had steamy fling with her high school
teacher 23 years her senior, texts reveal,
as his ex claims politician broke up her marriage
22 replies
Posted by Beardo 3/11/2022 8:36:37 AM Post Reply
The 28-year-old AOC-backed candidate facing a run-off against centrist Democrat Rep. Henry Cuellar had a long-term affair with her former high school teacher, DailyMail.com can exclusively reveal. Jessica Cisneros was in a sexual relationship with educator-turned-lawyer John Balli, now 51, and called him 'babe' in a 2011 text professing her love when she was 18 — and he was 41. The ultra-liberal would-be Congresswoman began a sexual relationship with him after he began dating his future second wife Sandra Ramirez in May 2011. But the secret lovers had a painful split when Balli and Ramirez wed in July 2011.
European Parliament votes to cut funds
to Hungary and Poland for not pushing
LGBT agenda
21 replies
Posted by earlybird 3/11/2022 6:43:01 PM Post Reply
The European Parliament overwhelmingly voted Thursday to withdraw funding from Hungary and Poland over the two countries refusing to bow to the bloc’s pro-LGBT stance. Members of the European Parliament (MEP) passed the resolution by a huge 478 votes in favor to 155 against, with 29 abstentions, to withhold funding from European Union (EU) member states that violate the “Rule of Law Conditionality Mechanism.” The mechanism “makes the receipt of financing from the Union budget subject to the respect by the Member States for the principles of the rule of law,” effectively making any funding from the bloc subject to alignment with the EU’s core “values” of the day, including LGBT
Treasury secretary warns of ‘very uncomfortably
high’ inflation for next year
21 replies
Posted by Ribicon 3/11/2022 10:47:56 AM Post Reply
Treasury Secretary Janet Yellen warned that Americans should expect to continue paying increased prices on everyday goods for the next year, offering a reversal from her previous forecast that record-high inflation would soon subside. The main culprit, she told CNBC’s “Closing Bell” on Thursday, was Russia’s war against Ukraine. Ms. Yellen‘s claim that Russian President Vladimir Putin is to blame for America’s inflation woes echoes that of the Biden administration writ large, which has received criticism for dubbing the phrase “Putin’s price hike.” “I think there’s a lot of uncertainty that is related to what’s going on with Russia in Ukraine,” Ms. Yellen said on the network.
Obama White House Doctor Calls For Immediate
Biden Resignation: ‘Not Cognitively
Capable Of Leading’
20 replies
Posted by Imright 3/11/2022 10:03:46 PM Post Reply
Former White House physician Ronny Jackson, who served in the role under the Obama and Trump administrations, said on Friday that Democrat President Joe Biden needed to immediately resign to spare putting the country through more suffering because Biden is not mentally fit to be president. “Biden doesn’t know what’s going on with Ukraine,” Jackson tweeted. “He doesn’t know what’s going on with ANYTHING! He’s not cognitively capable of leading. He needs to RESIGN before our country suffers any more.” (Tweet)
'The View' blames Kamala Harris criticism
on racism, misogyny: 'There's a racial
aspect to it'
20 replies
Posted by NorthernDog 3/11/2022 7:27:36 PM Post Reply
The co-hosts of ABC's liberal daytime talk show "The View" complained Friday the criticism leveled against Vice President Kamala Harris over her performance while in Europe has been rated in racism and misogyny. (Snip) After a reporter asked a question about Ukrainian refugees, Harris and Duda appeared confused about who would answer the question, leading to Harris laughing while saying, "A friend in need is a friend indeed." Duda then offered to respond first and began speaking. Harris was ripped by critics following the exchange, accusing her of looking to Duda for help answering the question and slamming her for
Post New Article