Inflation or Depression: Pick Your Poison
Posted By: MDConservative, 6/18/2022 10:10:19 AM
At last we have something that really brings the American people together: inflation. Everyone hates it. It’s the whole topic of conversation at stores, on streets, at the park, or any setting. Want to make a friend? Just walk up to anyone and start complaining about prices. They will join right in and off you go. New besties.
person likes this.
people like this.
people like this.
people like this.
people like this.
Below, you will find ...
Most Recent Articles posted by "MDConservative"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by
MDConservative"
At last we have something that really brings the American people together: inflation. Everyone hates it. It’s the whole topic of conversation at stores, on streets, at the park, or any setting. Want to make a friend? Just walk up to anyone and start complaining about prices. They will join right in and off you go. New besties.
Four weeks ago, Germany agreed to send dozens of anti-aircraft tanks to help defend Ukraine from Russia's invasion, part of what it called a turning-point after decades of military restraint. Berlin says it can deliver the first Gepard tanks in July.
That's too slow, a Ukrainian parliamentarian said on Tuesday, as Russian forces launched an assault on the country's east.
"For us, July is like, 'what?'" Anastasia Radina, a member of the Ukrainian parliament, told Reuters at the World Economic Forum.
Who has student loan debt in America?
10 replies
Millions of Americans rely on the federal government to cover the cost of college. Education loans have existed for generations, but borrowing only really took off in the past two decades.
Soaring college costs, higher enrollment, changes to the federal lending system, labor market demand for credentials and paltry wage growth have all contributed to the $1.6 trillion in outstanding federal student debt. This does not include debt originated in the private market.
Migrant encounters at the southern border hit a record high in April, according to new filings from the Department of Homeland Security (DHS), Fox News’ Bill Melugin reported.
The record-setting month comes as President Joe Biden looks to end Title 42, a Trump-era policy allowing Border Patrol to turn away migrants at the border due to the COVID-19 pandemic.
“BREAKING: There were 234,088 migrants encountered at the Southern border in April, per a DHS court filing today. That’s the highest number in DHS history,”
Federal Reserve Bank of St. Louis President James Bullard said that high readings on inflation still concern central bank officials, reinforcing the need for higher interest rates.
“Inflation is broader and more persistent than many have thought and the Fed will have to act in order to keep inflation under control and we’ve got a plan in place,” Bullard told Yahoo Finance in an exclusive interview on Wednesday.
The Bureau of Labor Statistics reported Wednesday morning that prices in the United States rose by 8.3% between April of this year and April of last year.
New Star Trek spin-off depicts January
6 riot leading to 'Second Civil War' and
'World War III' 25 replies
6 riot leading to 'Second Civil War' and
'World War III' 25 replies
The premiere of Star Trek: Strange New Worlds on Paramount Plus Thursday, appeared to allege that the January 6, 2021 riot at the US Capitol triggered the fictitious nuclear World War III on Earth in the sci-fi series timeline. The spin off from Star Trek: Discovery, based in cannon from the 1960's original series, showed the crew of the Enterprise discovering a pre-warp society with advanced technology, which warring factions on the planet are about to use against each other.
Forty years ago we had a soaring inflation rate, obscene gas prices and interest rates in the teens.
Today, thanks to their incredible incompetence, bad policies and serial stupidity, the Democrats in Washington are bringing back all those problems.
It’s getting so bad, I’m actually beginning to think Jimmy Carter was not such a bad president after all.
People under 40 have no idea how bad things were in the late 1970s under Carter.
They’ve grown up knowing only 3 percent interest rates, dirt cheap gasoline and 2 percent inflation.
They don’t know how miserable things were under Carter or how miserable they can get again under Biden.
It's tempting for Americans to get smug about the sinking of the Moskva, the Russian Navy's flagship in the Black Sea. Whether it was destroyed by Ukrainians or — less plausibly — sunk because of a non-combat onboard explosion of ammunition, the result is both a humiliation and a setback for Vladimir Putin's war efforts. If you're cheering Ukraine's defenders, it's hard not to take some satisfaction in that.
But America's fleet might also be more vulnerable than you think.
A transgender archer who won a state championship has been barred from women’s competitions after complaints.
KellyJeanne Pyne, who identifies as a female, was one of three competitors in the senior women’s freestyle event at the Texas Field Archery Association’s Indoor State Tournament on Feb. 26 near Fort Worth. She finished only one point ahead of the runner-up. “It felt good,” Pyne told KXAN. “It felt like I had achieved something, and then that was rapidly taken away.”
However, three female archers submitted official protests to the results, saying that Pyne, who is transgender, should not be competing in women’s events.
More than 60 Republicans on Tuesday voted against a resolution expressing support for NATO and calling on President Joe Biden to strengthen the organization's committement to defending democracy.
The resolution, introduced by Rep. Gerald Connolly, a Democrat from Virginia, was backed by a majority of the GOP caucus and every Democrat who voted.
Citing the threat posed by "authoritarian regimes" as well as "internal threats from proponents of illiberalism," the resolution calls on the Biden administration to uphold NATO's "founding democratic principles." It also advocates the creation of a "Center for Democratic Resilience"
Former House Speaker Newt Gingrich said that Republicans in Congress are "preparing to make history" by instituting new policies if the GOP retakes control of the House during midterms this fall.
President Joe Biden's approval rating has been underwater since August and currently stands at 42% per FiveThirtyEight. His unpopularity combined with inflation, security problems and other concerns are likely to help Republicans win House seats this fall.
Maryland Gov. Larry Hogan planning trips
to Iowa, New Hampshire amid presidential
bid speculation 35 replies
to Iowa, New Hampshire amid presidential
bid speculation 35 replies
Maryland Gov. Larry Hogan is planning trips to Iowa and New Hampshire. Rep. Adam Kinzinger, R-Ill., is considering a rough timeline for a potential presidential announcement. And allies of Rep. Liz Cheney, R-Wyo., are openly talking up her White House prospects. More than two years before the next presidential election, a shadow primary is already beginning to take shape among at least three fierce Republican critics of former President Donald Trump to determine who is best positioned to occupy the anti-Trump lane in 2024.
Most Active Articles (last 48 hours)
The federal government could take action against U.S. airlines on behalf of customers, Transportation Secretary Pete Buttigieg said Saturday. Many Americans have endured delays, cancelations, and other travel complications during the coronavirus pandemic, and in recent months, after many pandemic-related travel restrictions were lifted. Following Buttigieg’s own flight being canceled, forcing him to drive from Washington to New York, he said his department has authority to enforce action against airlines that do not sufficiently maintain consumer-protection standards, potentially requiring them to hire more staff. "That is happening to a lot of people, and that is exactly why we are paying
The radical pro-abortion group, Jane’s Revenge, is planning more acts of domestic terrorism when the U.S. Supreme Court’s decision on Roe v. Wade is revealed, dubbed a “Night of Rage: An Autonomous Call to Action Against Patriarchal Supremacy.” The group posted its plans on the Anarchists Library website at the end of May in expectation of the ruling, expected sometime in June. Here are some excerpts from the manifesto: This is an event that should inspire rage in millions of people who can get pregnant…and yet, the response thus far has been tepid.(Snip)The next step is carrying that anger out into the world and expressing it physically.
CNN correspondent John Harwood defended President Biden against critics who have concerns over the president's age during a segment on Sunday’s "Reliable Sources." On Thursday, The Atlantic writer Mark Leibovich penned an article pleading Biden not to run for re-election in 2024 due to concerns over his age. Biden, who is already the oldest person to hold the office, will turn 80 in November and would be 82 by the beginning of a potential second term. "Let me put this bluntly: Joe Biden should not run for re-election in 2024. He is too old," Leibovich wrote. CNN host Brian Stelter
79-year-old Joe Biden fell off his bike while riding near his home in Rehoboth Beach on Saturday morning.
Secret Service agents swarmed the fallen commander-in-chief as he needed help in getting back up.
He didn’t fall while he was riding it, as most people do…
He literally was standing still, and he tipped right over.
Pro-abortion activists dressed in blood-soaked outfits and brandishing dolls held a protest outside the home of Supreme Court Justice Amy Coney Barrett on Saturday as the court is poised to overturn Roe V. Wade in the coming weeks.
Protesters from the Rise Up 4 Abortion Rights group gathered outside Barrett's home in Falls Church, Virginia, waving signs calling on the Supreme Court to protect women's federal abortion rights.
The group also carried dolls and wore white pants with blood stains around the crotch, which they said represented an increase in the number of forced births that would take place if Barrett and her fellow conservative justices strike down Roe v. Wade.
Anti-Trump Peggy Noonan is out of control
32 replies
In her June 18/19 column at the Wall Street Journal, Ms. Noonan takes Hillary Clinton's "deplorables" slap at Trump voters and goes one — nay, two better. She refers to voters who question the results of the 2020 presidential election as "kooks, crooks, and freaks" and then smears the citizens who went to Washington, D.C. January 6, 2021 as "[t]hose poor stupid people."
What is the basis for this criticism, which, arguably, is less ad hominem and, more accurately, descriptive of her mindset?
Perhaps Ms. Noonan has not read Margot Cleveland's analysis in The Federalist showing how Georgia election officials failed to enforce the state's election laws in 2020.
New York City needs to “do better” in preventing black residents from being driven out of their neighborhoods, Mayor Eric Adams said on Sunday, during an address marking the Juneteenth holiday. Speaking in Central Park, Adams compared the modern-day uprooting of people of color from neighborhoods across the US—including the five boroughs—to slavery. “When I was in Ghana last year, [I] saw how families were displaced, torn apart and brought over to America through slavery in the hulls of the ships, living in dungeons, spending months and months living in their human waste, having their babies taken from them, and saw them dispersed and displaced,” he said.
Extreme heat early in the summer season is calling into question the strength of electricity and power grids across the country, as warnings about brownouts and requests to conserve power continue to rise. As temperatures increase, the risk of power outages grows along with them. Warmer weather means higher power usage as people turn to devices like air-conditioning units and fans to try to cool their homes and offices. A May report from the non-profit North American Electric Reliability Corporation (NERC) predicted a "high risk of energy emergencies during peak summer conditions" in the Upper Midwest. "We've been doing this
Texas taxpayers are paying the price for Governor Greg Abbott's plan to bus migrants who crossed into the U.S. illegally to Washington, D.C. As of June 7, $2.9 million in taxpayer funds have sent only 1,778 immigrants to the nation's capital, according to Texas Division of Emergency Management (TDEM) documents–and the figure is expected to rise as more buses have already been deployed and Abbott shows no signs of slowing the stunt. More than $1 million of the total cost has gone toward security alone, while taxpayers are also footing the bill for drivers and GPS tracking, among other things.
Man Tries to Give Blood Amid a Shortage,
Is Rejected Because He Won't Say Whether
He's Pregnant 21 replies
Is Rejected Because He Won't Say Whether
He's Pregnant 21 replies
For any men wanting to donate blood, make sure you’re medically self-aware.
For example, you should be adequately informed as to whether you’ve been impregnated.
Such was a lesson reportedly learned by Leslie Sinclair this month. The central Scotland resident had hoped to give life-sustaining fluid to others in need. Sadly, the effort encountered coagulation.
According to the Daily Mail, the 66-year-old was handed a form asking if he was currently pregnant. Furthermore, the facility needed to know if he’d been knocked up within the last half-year.
Senator Bernie Sanders, a socialist parasite who has never had a career or gainful employment outside politics, has thoughts on how Apple should make its phones. (Snip) If consumers want USB-C charging ports, they can buy Android-based devices. Apple is notorious for selling ridiculously overpriced devices and finding a thousand ways to gate customers in so that they're buying $2,000 monitor stands or some other nonsense. That's why I would never buy or use Apple. But clearly a whole lot of people want Apple devices. And they're willing to pay premium prices for them. If Apple were an actual monopoly,
Joe Biden has nothing to offer
20 replies
Near the end of an especially tumultuous week in his tumultuous presidency, Joe Biden gave his first media interview in four months to someone who wasn’t a late-night comedian. For a public hungering for answers, it wasn’t worth the wait.
The president chose The Associated Press and the sit-down lasted a little less than 30 minutes, but that was more than enough time for him to demonstrate again he’s got no new ideas or even a new way of packaging old ideas.
Biden acknowledges America is in a funk, but shows no sense of compassion or determination to turn the tide.
Comments:
It's the Democrats holding the bag now, with Biden and Yellen acting the fools with no plan and no ideas except to charge forward into the growing morass. Tucker points out that the supply and demand for money itself has flooded the same forces at work for goods and services. He points out the basic problem: Those TRILLIONS already in circulation need to become absorbed by the economy. The Fed can only mop up some excess. This spending is a flood.