Yellen: Rising Cost of Debt Is Due to
Strong Economy, Not Large Deficit
Posted By: Beardo, 10/27/2023 3:07:27 PM
During an interview with Bloomberg on Thursday, Treasury Secretary Janet Yellen stated that the rise in Treasury yields that increases the cost of the U.S. government borrowing money isn’t largely connected to the deficit, but is largely “a reflection of the resilience that people are seeing in the U.S. economy that we’re not having a recession, that consumer spending and demand continue to be strong, the economy is continuing to show tremendous robustness.”
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Beardo"
Joe Biden sold a house to a supporter for $1.2 million in 1996 - but it is only worth an estimated $1.65 million 27 years later, DailyMail.com can reveal. The current valuation raised questions over whether Biden received an inflated price for the property from a donor nearly three decades ago.
It was purchased by an executive for a credit card company that, in the same year, also hired Biden's son Hunter and then paid him for years.
Biden bought the 10,000 square-foot mansion in Greenville, Delaware for $185,000 in 1974.
At the time he had recently become a senator on a salary of $42,500.
Far-left billionaire kingmaker George Soros has funneled more than $15 million since 2016 to groups behind this month’s pro-Palestine protests, where demonstrators openly cheered Hamas militants’ craven terrorist attacks on Israel.
A Post examination of Open Society Foundations records shows Soros’ grant-making network gave $13.7 million of the money through Tides Center, a deep-pocketed lefty advocacy group that sponsors several nonprofits who’ve justified Hamas’ bloody attacks while claiming Palestinians obsessed with the eradication of the Jewish state are the real victims.
Thanks, to a Politician Who Did His Job
4 replies
A new report about IRS home visits has just been released by the House Weaponization of Government Committee, chaired by Ohio congressman Jim Jordan. (snip)
One of the cases outlined is my own. My home was visited by the IRS while I was testifying before Jordan’s Committee about the Twitter Files on March 9th. Sincere thanks are due to Chairman Jordan, whose staff not only demanded and got answers in my case, but achieved a concrete policy change, (snip) I’d like to ask Democratic Party partisans: to which elected Democrat should I have appealed for help in this matter?
Clips from a TV special of the show "South Park" went viral online Friday for mocking Disney CEO Bob Iger, Lucasfilm president Kathleen Kennedy and the Disney Company's widely criticized pandering to liberal politics. (snip) South Park summarized that the episode focuses on the character Eric Cartman, who "has a nightmare that all of his friends have been replaced by a diverse group of women who express their grievances about the patriarchy."
District Attorney Has Work Laptop Stolen
In Car Break-In, Reportedly Told To File
Police Report 11 replies
In Car Break-In, Reportedly Told To File
Police Report 11 replies
Alameda County District Attorney Pamela Price’s work laptop was stolen during a car burglary Friday afternoon in Oakland, KABC-TV reported.
After waiting for the police to arrive on the scene for about an hour, Price was reportedly instructed to report the crime online using the California city’s police department website, according to KABC-TV.
The incident occurred around 3:30 p.m. near 27th Street and Telegraph Avenue outside the Alameda County Family Justice Center, per the outlet. Price was there attending a domestic violence event.
Alphabet's (GOOGL.O) Google paid $26.3 billion to other companies in 2021 to ensure its search engine was the default on web browsers and mobile phones, a top company executive testified during the Justice Department's antitrust trial, Bloomberg News reported on Friday.
The amount of payments Google made for the default status has more than tripled since 2014, according to senior executive Prabhakar Raghavan who is responsible for both search and advertising, the report added.
Google's revenue from search advertising came in at $146.4 billion in 2021, while the payments for the default setting were its biggest cost, Raghavan was mentioned as saying in the Bloomberg report.
During an interview with Bloomberg on Thursday, Treasury Secretary Janet Yellen stated that the rise in Treasury yields that increases the cost of the U.S. government borrowing money isn’t largely connected to the deficit, but is largely “a reflection of the resilience that people are seeing in the U.S. economy that we’re not having a recession, that consumer spending and demand continue to be strong, the economy is continuing to show tremendous robustness.”
Streaming Carnage: NBCUniversal’s Peacock
Loses $565M in 3 Months, Expected to Lose
$2.8B in 2023 21 replies
Loses $565M in 3 Months, Expected to Lose
$2.8B in 2023 21 replies
NBCUniversal’s Peacock lost more than half a billion dollars during the three months of summer, the latest example of Hollywood’s streaming carnage that has seen studios struggling to carve out a profitable piece of the home video market. (snip)
For the year so far, Peacock’s losses amount to $1.92 billion. (snip) Peacock serves as the streaming home to some of the far-left MSNBC’s programming, including The Reid Out, hosted by Joy Reid.
The streamer also produces The Mehdi Hasan Show. (snip) Disney reported its streaming business — including Disney+ and Hulu — lost $512 million for the fiscal third quarter, while Paramount+ lost $424 million for the same period.
The Satanic Temple lost its lawsuit against Indiana’s abortion ban on Wednesday when a federal judge threw out the suit. (snip) The Satanic Temple sued in September 2022, alleging the abortion ban violates their members’ religious rights and is unconstitutional. (snip) The Satanic Temple has about 11,300 members in Indiana. Despite its name, members of The Satanic Temple do not actually believe in Satan — rather it is an atheist group that seeks to subvert Christianity’s role in American life. The group believes that “one’s body is inviolable, subject to one’s own will alone,” which includes a belief in abortion.
Joe Biden has blown up the world
34 replies
On day one of the Biden administration, he canceled the Keystone Pipeline, putting thousands of skilled workers out of work. (snip) Biden is an angry man, a stupid man, an arrogant man, and a little man. He was never a good senator. (snip) He constantly makes up things that he’s done or accomplished when those claims are easily checked. (snip) He has tried for years to make us believe he is good, smart, and legitimate, but he is none of those things. He has brought the United States to a historic low — the brink of another world war. He’s blown up the world.
Gavin Newsom Pledges California Will Be
Xi Jinping’s ‘Long-Term, Stable, and
Strong Partner’ 31 replies
Xi Jinping’s ‘Long-Term, Stable, and
Strong Partner’ 31 replies
Chinese state media continued to gush over visiting California Gov. Gavin Newsom on Wednesday, hailing the Democrat’s warm meeting with dictator Xi Jinping as a triumph of “mutual respect, peaceful coexistence, and win-win cooperation.”
Newsom said that under his leadership, California is ready to become “China’s long-term, stable, and strong partner.” (snip) Newsom came out firmly against decoupling from China by moving supply chains to other countries, proclaiming “divorce is not an option” for the U.S. and China
New video footage posted on social media Thursday contradicts claims by Democratic Rep. Jamaal Bowman of New York about why he pulled a fire alarm. (snip) footage posted on Twitter by Spectrum News NY1 Washington Correspondent Kevin Frey shows Bowman taking down the emergency exit signs. (snip)
The 30-second video posted by Frey shows Bowman removing signs from the door, pulling the fire alarm and walking away while holding the signs. Bowman did not appear to make any effort to open the doors in the video.
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newspaper for reporting on family’s slave-owning past
The statue of Confederate Gen. Robert E. Lee that was at the center of the deadly 2017 white nationalist rally in Charlottesville, Va., was secretly melted down last week to be remade into a more inclusive artwork.
The bronze equestrian statue of Lee, which featured prominently in the 2017 Unite the Right rally, was incinerated in a 2,250-degree furnace Saturday, according to the Washington Post.
It was cut into nine pieces, weighed about 6,000 pounds and required a forklift to move.
It was melted down and then molded into a brick-like casting.
Washington Post associate editor and New York Times columnist freaked out on Friday’s PBS NewsHour at the news that Republicans selected Mike Johnson to be the new Speaker of the House by portraying him as a “far-right” religious extremist out to impose “Christian nationalism” on the country.
Noting Johnson’s relative obscurity, Capehart predicted, “And the more information we find out about him and the more information the American people find out about him, the more I think they're going to be uncomfortable, from his pushing for a national abortion ban, to introducing legislation for a federal so-called Don't Say Gay Bill, his comments on homosexuality and same-sex marriage.”
Senate Democrats are working with Sen. Kyrsten Sinema (I-Ariz.) and a handful of Republicans on a rarely used procedural tactic to defeat Sen. Tommy Tuberville’s (R-Ala.) blockade of more than 360 military promotions, a stalemate that has consumed the Senate for months. Democrats are looking at using a standing order resolution to move a block of more than 300 nonpolitical military nominees who have been stalled for months because of Tuberville’s holds to protest the Department of Defense’s (DOD) abortion policies.
Saturday Night Live took on 80-year-old President Joe Biden in its latest episode over concerns about his age.
In a rollicking cold open, SNL’s Mikey Day — taking over the role of the president from cast-mate James Austin Johnson — portrayed Biden as a man wanting to assuage voter concerns about his age. His idea to win over skeptics was to climb a ladder in the Oval Officer to put up Halloween decorations.
“I want to put everyone at ease,” said Day as Biden. “Nothing puts people at ease like an 80-year-old man hanging Halloween decoration.”
I’ve been saying for a long time that the transgender takeover of women’s sports is going to end only when women stop competing against them. It makes sense that this retreat from competition is happening in Brazilian jiu-jitsu (“BJJ”), which is a close-contact sport in which women can get hurt, unlike racing. At a recent women’s BJJ competition, men completely dominated the event, with some events having only male competitors.
I did BJJ for almost a decade, although I started too late in life ever to be any good, and my joints got damaged before I got my advanced belts. However, I know a lot about the sport.
A swarm of local residents in Makhachkala in the Russian Republic of Dagestan stormed an airport in the city in an attempt to attack any Jews and Israelis set to arrive on a "Red Wings" flight from Tel Aviv on Sunday, according to local media reports.
According to N12, the pilots were warned of the mob and rerouted the plane to land at a nearby airport. The rioters reached that one as well. The flight staff ordered the locking of all aircraft exits, while security forces closed the area off. Russian aviation authority Rosaviatsia said all aircraft were diverted to other
Mathew Perry’s Post Promoting “Could
I Be Any More Vaccinated” Shirt Resurfaces
After Star’s Death 12 replies
I Be Any More Vaccinated” Shirt Resurfaces
After Star’s Death 12 replies
As The Gateway Pundit reported on Friday, actor Mathew Perry, best known for his role as Chandler Bing on the hit sitcom Friends, passed away at the age of 54.
TMZ reported law enforcement officers found the actor dead inside of his jacuzzi after responding to a call for cardiac arrest.
Perry, who was public about his struggles with alcohol and drug addiction, was reportedly found at his own home in a hot tub after law enforcement responded to a call for cardiac arrest around 4 pm local time.
No drugs were found at the scene.
The good news, such as it is, is that the mask is off the ‘Palestinians’ and it’s also off their supporters. They’re feeling their strength and they’ve stopped pretending that they want anything other than the mass murder of Jews.
The pretense of a two-state solution and any kind of coexistence is done. They’ve openly embraced Hamas.
At least 800 pro-Palestinian protesters have descended on Union Square following a day-long rally that saw demonstrators climbing the Brooklyn Bridge, damaging cop cars, and blocking traffic.
Demonstrators chanted “free Palestine” as they mounted the iconic George Washington statue and plastered it with stickers that read “Zionists are terrorists.”
The marchers even erected a makeshift basketball hoop
Secretary of State Antony Blinken contends that Hamas would gain no “greater” victory “than allowing its brutality to send us down a path of terrorism and nihilism. We must not let it.”
You can hear echoes of Barack Obama’s insufferable moral equivalencies imbued in that statement.
The contention is a not-so-subtle warning to Israel, who will almost surely enter Gaza and try to dismantle the Hamas terror state — which has been indirectly and directly funded not only by Iran, the European Union, and the United Nations but also by the Obama and Biden administrations.
The insinuation, of course, is that Israel needs to temper its inclination to engage in “terrorism and nihilism.
Stella Paul wrote a series of articles for American Thinker exposing the terrible things that happened in American hospitals because of the new “COVID protocols”—things that the American public is already forgetting. Several days ago, she sat down for a long interview with an investigative reporter at the Epoch Times to expand on the information she provided to American Thinker readers. You are probably already familiar with what Ms. Paul wrote, but here’s the list of those essays:
A shooting in Tampa, Florida, killed at least two people and injured 18 more after a fight broke out between two groups on a street crowded with hundreds of people during Halloween celebrations early Sunday, authorities said.
The shooting happened just before 3 a.m. near a strip of bars and clubs in the 1600 block of East 7th Avenue in the Ybor City neighborhood, Tampa Police Chief Lee Bercaw told reporters at the scene.
"It was a disturbance or a fight between two groups," Bercaw said. "And in this fight between two groups, we had hundreds of innocent people involved that were in the way."
Watch – ‘Our Kids, Our Consent’:
California Drag Queen Story Hour Canceled
When Parents Protest 11 replies
California Drag Queen Story Hour Canceled
When Parents Protest 11 replies
A children’s event featuring a drag queen was shut down when parents intervened on Wednesday in San Fernando Valley, California.
The Post Millennial reported Thursday the drag queen story hour was scheduled to happen at the San Fernando Library with Pickle the Drag Queen, who describes himself on Instagram as the Drag Laureate.Video footage shows Pickle arriving at the venue, wearing a pink outfit and sunglasses. However, he is quickly surrounded by a group of adults: