Good job Brandon......spit.
Posted on 06/14/2022 8:13:32 AM PDT by RomanSoldier19
President Joe Biden on Tuesday will seek to reassure the American people that tackling the worst inflation the nation has seen in decades remains his “top priority” when he addresses the AFL-CIO convention in Philadelphia, a White House official tells CNN.
The speech comes a day before the Federal Reserve could raise interest rates as much as three-quarters of a percentage point as it attempts to get inflation under control. The issue has been bedeviling Biden and his White House for months after they downplayed inflation concerns last year.
But without many options to fight price hikes, the President is expected on Tuesday to focus on drawing a contrast between his economic policies and the plan put forward by the leader of the Senate Republicans’ campaign arm, Sen. Rick Scott of Florida. The President has been leaning into criticizing what he describes as an “ultra-MAGA agenda” on the right as part of his messaging heading into November’s midterm elections.
(Excerpt) Read more at cnn.com ...
Same ol’ song and dance my friend.
5.56mm
Just repeating that this is his “top priority” is meaningless and certainly won’t reassure a single soul.
Does he realize how demented he sounds? How about holding a real press conference and ANSWERING QUESTIONS!!
Since he’s speaking to the AFL-CIO, he’ll be angry and nasty towards Big Business, Big Oil, Wall Street, and sundry rich people that don’t contribute to his campaigns.
Technically speaking, dementia is not considered to be a mental illness.
So is BiteMe Cognitively impaired? Yes.
Nuts? Possibly.
Evil? Oh, yeah.
Thought exercise for metalheads:
Gold is down $70-$75 from recent “nominal” pricing (/GC in futures)
A decision is expected shortly as to whether the Fed will raise bigly (.75 or even 1%) or nominal. When the FED raises rates, it has the effect of strengthening the US dollar, which weakens gold and usually, oil. It’s probably a good bet the Fed is under pressure to raise so as to weaken oil = strong oil being a political hazard for Biden and they only get to think in a single dimension at one time without considering secondary/tertiary effects of their diktats.
So the question is, if one is tempted to buy gold on this dip, does the current dip already reflect an expected big-ass rate hike or is gold due for another $50-$75-even $100 move down on news of the announce? Unknowable, as far as I am concerned.
Nevertheless, Wednesday could produce a good entry for physical gold, GLD, or gold stocks such as AEM, NEM. If the market is shocked, gold could drop $50-$75, yes, even $100.
Point being: possible buy oppty for those with the itch.
Not a reco, just a thought exercise.
He just yelled “Anybody out there?!”
I think the main fear of rising rates is a housing crash. If that happens again, I think there’s serious doubts about the medium-short term viability of the US as a continuing nation.
“Ultra MAGA agenda”
He’s sounding drunk with the slurring.
Republicans want to end social security and medicare/medicaid.
“Trump did not leave a good situation. We’re not going back, we’re going forward. “
I think it’s about time we had a Tea Party to organize and some real organizational leaders who can get in front of cameras to socialize what is happening to the country.
One thing the left does much better than the right is organize.
Bidet=TDS on a massive scale.
To me the enemy of the state here has always been the democrat party. It needs be disbanded and swept away in the wind.
maybe he meant it will cost 12K a month after he’s done?
Good job Brandon......spit.
> Note to union rank and file: Look at who’s enabling this. <
I was an involuntary union member for decades. With a few airhead liberal exceptions, the rank and file know what’s going on. It’s the union leadership that’s hard-core Democrat / socialist.
A fair question then would be: If the membership is so rational, how could those commie union leaders get elected time and again? It’s simple. Unions preach democracy, but they don’t practice it. For example, I was never once able to vote for my state or national leaders. Those folks were always picked by delegates at a convention.
Oh, and those delegate elections. I could tell you election stories that would make Stalin blush.
“Billions”? If only.
They printed THOUSANDS of billions of dollars (aka, TRILLIONS). The government sent us a few “COVID Relief” checks. Now a family that got maybe $5,000 in COVID Relief is paying $10,000 PER YEAR in increased prices and that will last for years.
So COVID Relief checks kept food on the table and gas in the car during the pandemic. But now inflation and stupid Biden policies makes it impossible to put food on the table and gas in the car.
Is that a good deal or what?
I know for a fact that this is a bald-faced lie.
Last times went upbigtime was In the 80’s to make up for Carter. Going to be hard times ahead. Hard times.
FJB.
Inflation could be significantly slowed if we started producing more oil and natural gas here at home. The biggest single factor would be the reduction of the price of diesel fuel, which impacts the price of not merely food, but every single good that is delivered to a store. Further, Increasing the supply of natural gas and thereby Reducing its price will result in the production of more fertilizer, which will increase the productivity of our forms, thereby increasing supplies and decreasing prices even further.
However, the Biden ministration is fully owned by the environmental freaks, and is also intent upon collapsing our economy to produce another emergency, which emergency will allow for a draconian decrease in individual liberties and the permanent installation of the radical left as our lords and masters. A dramatic rise in interest rates without increasing energy production will accomplish the same result even faster.
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