Inflation climbs to 3.6% in May. Palin was right!

American Thinker ^ | June 23, 2011 | Howard Richman & Raymond Richman

[Virginia Ridgerunner]

Thank you very much for showing his bias and showing his complete lack of objectivity and credibility regarding Palin. You saved me a lot of trouble. Thanks immensely. I appreciate it.

Just doing a public service.

And the Shenandoah Valley between Roanoke and Winchester is simply a beautiful place to go. Lots of history there too.

[sickoflibs]

RE :"There is no "draft Rick Perry" club among FR's Palin supporter ranks. The people pushing him around here are either Texans or GOP "Anybody but Palin" hacks. "

Good to hear. 'Anybody but Palin' themes seem counter-productive to me. Not very logical.

[Huck]

The BLS publishes thousands of CPI indexes each month, including the headline All Items CPI for All Urban Consumers (CPI-U) and the CPI-U for All Items Less Food and Energy. The latter series, widely referred to as the “core” CPI, is closely watched by many economic analysts and policymakers under the belief that food and energy prices are volatile and are subject to price shocks that cannot be damped through monetary policy. However, all consumer goods and services, including food and energy, are represented in the headline CPI.

Most importantly, none of the prominent legislated uses of the CPI excludes food and energy. Social security and federal retirement benefits are updated each year for inflation by the All Items CPI for Urban Wage Earners and Clerical Workers (CPI-W). Individual income tax parameters and Treasury Inflation-Protected Securities (TIPS) returns are based on the All Items CPI-U.

[wtc911]

Comments?

Just one...since Palin was months and months behind the curve on this why is she even mentioned at all?

[tacticalogic]

The latter series, widely referred to as the “core” CPI, is closely watched by many economic analysts and policymakers under the belief that food and energy prices are volatile and are subject to price shocks that cannot be damped through monetary policy.

They do now.

Did they always, and are all of the CPI indexes in the chart using the same basis for calculating the CPI for every year on the chart that's being compared? That's the question.

[wtc911]

Jury duty? But just yesterday all the palinistas were 100% certain that it was the salmon season that garaged the bus.

[wtc911]

Remind me how many Tea Party and other conservatives that she got elected to office in 2010.

__________________________________

Zero. Unless you want to argue that the conservative voters in America can't think or decide how to vote all by their little selves.

[PSYCHO-FREEP]

On the “prayer” thread, (One poster) “prayed” that those of us who “hate” Palin, have been cursed and damned to hell, God's wrath, etc,,,. Man, this is getting truly insane here!

[Huck]

It's apples to apples. Here's a similar chart..CPI-U All items.

[Captain Kirk]

Ron Paul was predicting this when Palin was stumping for Jack Ripper McCain in 2008.

[org.whodat]

I do believe current polls say those little old dumb-ass conservatives seem to make up their own minds.

[Huck]

That’s all fine and dandy. I happen to think the inflation fears are overhyped by those selling book. Bernanke WISHES he could have trouble with inflation (like China.) Instead, he’s got a Japan-style deflationary mess and a gubmint making it worse all the time (with a populace that still doesn’t get it).

[org.whodat]

http://www.rasmussenreports.com/public_content/politics/elections/election_2012/election_2012_presidential_election/45_of_gop_primary_voters_say_it_s_bad_for_party_if_palin_enters_presidential_race

[Bigtigermike]

It is Salmon season in Alaska - Todd is fishing in the Salmon run right now in Bristol Bay, it’s in the peak season as we speak and legally he must be there to fish or lose his license on his business but also we found out last night that Sarah has jury duty as well. Boy you guys can’t google anything? Sheesh!

[Bigtigermike]

Against which potential candidate for President? Got a link? I guess not!

[wtc911]

To all of you who talk as if you know the facts...especially the one who wrote - " I specifically pointed out that of all of the potential candidates, she was the only one taking the lead on this issue" - here is a story from 2010 about Bachmann taking on QE2 and stating very clearly that it will cause inflation...

"Rep. Michele Bachmann, head of the House Tea Party Caucus, tells Newsmax that the Federal Reserve’s plan to increase the money supply by buying government securities is a “huge mistake” that will boost inflation and amount to “stealing from the American people.”

Read more: Bachmann: Fed Easing is ‘Huge Mistake,’ Will Boost Inflation

http://www.moneynews.com/StreetTalk/Bachmann-Fed-Easing-Huge/2010/11/23/id/377925

Of course, all palinistas are free to ignore yet another fact.

[wtc911]

legally he must be there to fish or lose his license on his business.....

_________________________________

Citation please? Not that I don't believe you although you have clearly mis-stated the facts on at least two posts on this very thread.

[wtc911]

Oh look.....even Romney warned about QE leading to inflation....in 2009!

http://www.freedomslighthouse.com/2009/02/mitt-romney-warns-of-hyperinflation-if.html

[sickoflibs]

RE :”Jury duty? But just yesterday all the palinistas were 100% certain that it was the salmon season that garaged the bus.”

Trouble maker, You are the reason I got three pings lecturing me on her jury duty when it had nothing to do with my point :)

They got the jury duty tweet on their smart phones but she didn't tell them what she would be doing after it was over, so as usual they have to wing it. Meanwhile the MSM has moved on once again. Rick Perry is likely to be the next MSM focus of attention now that he says he is 'thinking of running', definite MSM live bait.

[wtc911]

She is not going to run. There will be so much spinning here that I'll have to strap myself down to keep from being thrown across the room by the centrifugal force.