Free Republic

The good news is that US industrial production rose 0.9% in March. The bad news? US capacity utilization rose to 78.3% indicating that the labor market is overheating. Notice that prior to Covid, The Fed began rising raising its target rate as capacity utilization was increasing towards 80%. But once The Fed Funds Target rate (upper bound) hit 2.50%, capacity utilization started to cool off. Then Covid stuck. Since Covid struck and The Fed massively expanded its balance sheet, capacity utilization has increased. But this time around, The Fed has been sloth-like in its removal of monetary stimulus. Of course,...

In the weeks between the 2020 election and the January 6 attack on the US Capitol, almost 100 text messages from two staunch GOP allies of then-President Donald Trump reveal an aggressive attempt to lobby, encourage and eventually warn the White House over its efforts to overturn the election, according to messages obtained by the House select committee and reviewed by CNN. The texts, which have not been previously reported, were sent by Republican Sen. Mike Lee of Utah and GOP Rep. Chip Roy of Texas to then-White House chief of staff Mark Meadows. The text exchanges show that both...

Every year on Good Friday, we read St. John’s account of the Passion from John 18-19. One of the themes that runs through this reading is the Priesthood of Christ. I’ve traced this theme through the Good Friday Readings in previous years. Here, I repost my earlier comments with some additions, especially concerning the First Reading: There is priestly language already in the First Reading, from Isaiah 52 & 53, the famous “Suffering Servant” Song: See, my servant shall prosper, he shall be raised high and greatly exalted. Even as many were amazed at him so marred was his look...

Twitter CEO Parag Agrawal told employees Thursday that the company was still evaluating a $43 billion offer by Elon Musk to buy the company and take it private, setting the stage for a potentially drawn-out feud with the world’s richest person. After clips of the songs “I Say A Little Prayer” and “I Want It That Way” by the Backstreet Boys played, Agrawal launched into a 25-minute Q&A session with employees Thursday, according to a person in attendance. He didn’t say when the board would have an answer to Musk’s offer or which way it was leaning, frustrating some who...

Mayor Eric Adams, who had called white people “crackers”, claimed that he needed his brother to head his security because of an "increase in white supremacy" in New York City. The New York City Board of Health falsely claimed that racism was a "public health crisis" and a public school told parents to abolish their “whiteness”. After all that time battling white supremacy, which is as easy to find in the city as good manners and parking spaces, the black supremacist subway terror attack came out of the blue. 29 people were wounded, including a pregnant woman and a...

President Joe Biden lashed out at a college academic dean on Thursday as he toured North Carolina Agricultural and Technical State University. During the tour, Biden promoted the idea of raising government grants to fund historic black colleges and universities, noting many of them did not have enough capital to invest in their technical programs.

The news on the Bidenflation front continues to worsen. Not surprisingly, President Biden and his senior administration officials are in full spin mode. On April 12th, the Bureau of Labor Statistics (BLS) announced that the Consumer Price Index (CPI) rose 8.5% annually between March 2021 and March 2022 – the steepest increase since December 1981. The index for all items less food and energy - what is known as the core index – rose a hefty 6.5 percent during this same period, the largest 12-month change since the period ending August 1982. The shelter index alone rose 5.0 percent over...

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“‘Whoever says to his brother, “You good-for-nothing,” shall be guilty before the supreme court’” (Matthew 5:22). The word (raca) translated by the New American Standard Bible “good-for-nothing” has been variously rendered elsewhere as “brainless idiot,” “worthless fellow,” “blockhead,” and the like. It was a term of malicious abuse and slander that really has no precise modern translation. David graphically described persons who used such slander as those who “sharpen their tongues as a serpent; poison of a viper is under their lips” (Ps. 140:3). The Roman soldiers who tortured and crucified Jesus could well have used the term to mock...

A long-term study published by the prestigious British journal The Lancet that follows up on participants in the Moderna and Pfizer trials found the vaccines had no effect on overall mortality. Among 74,000 trial participants, there were 31 all-cause deaths among the vaccinated and 30 among the placebo groups as of January, reported Daniel Horowitz of The Blaze. Curiously, as Horowitz noted, the authors of the Danish-government-funded study state: "Based on the RCTs with the longest possible follow-up, mRNA vaccines had no effect on overall mortality despite protecting against fatal COVID-19." Horowitz asked: "So how is it that mRNAs had...

Another Coptic Christian clergyman was murdered in cold blood in Egypt today [this article was originally published on Thursday, April 7]. Local Christian media reported that, while walking in a crowded street of Alexandria with a group of church youth and his own family, Fr. Arsenius Wadid was repeatedly stabbed in the neck by an unidentified but bearded man, killing him. Fr. Arsenius, 56, headed the Church of the Virgin Mary in Muharram Bay and later the Saint Paul Church of Alexandria. He was ordained in 1996. As this just happened, details are still sparse and sometimes contradictory. Some...

There are four expectations believers should have because they are based on absolute promises the Lord has made to us. Our God is a promise-maker and a promise-keeper! Expect to be rewarded as you diligently seek the Lord. “Without faith it is impossible to please him, for he who comes to God must believe that he is, and that he is a rewarder of those who diligently seek him” (Hebrews 11:6, NKJV). You can ask in faith for a token from the Lord to encourage and rekindle your confidence. Expect him to keep his promise to reward you now when...

“The videos he posted frequently devolved into outbursts of homophobia, misogyny and offensive comments about Black people, Hispanic people and white people,” the New York Times writes about Frank James, the suspect in the subway terrorist attack. “Mr. James, who is Black, directed much of his hatred toward Black people, whom he often blamed for the way they were treated in the United States.” CNN echoes the claim. James “repeatedly espoused hatred toward African Americans.”

Elon Musk is now under joint investigation by the U.S. Securities and Exchange Commission (SEC) and Department of Justice (DOJ) after making a move to buy Twitter and presumably restore free speech on the monolithic social media platform.

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As we are all aware, The Federal Reserve launched its monetary “stimulypto” in March 2020 to combat the Covid virus. Coupled with the surge in Federal stimulus, we have seen home prices rise over 20% since February 2020. Specifically, New York City home prices are up 26.3% since February 2020, Chicago home prices are up 21.7%, and Los Angeles home prices are up 32.5%. Fed monetary stimulypto is up 113% since February 2020. Of course, this has resulted in soaring PROPERTY TAXES as well. According to Attom Data Services, “Among 1,481 U.S. counties with at least 10,000 single-family homes in...

Tesla CEO Elon Musk wants the world to know change is coming to Twitter. On Thursday, Musk revealed he offered to buy Twitter for $54.20 per share, a potential deal that would value Twitter at about $43 billion. The announcement came after Musk rejected a seat on Twitter's board. "Twitter has extraordinary potential. I will unlock it," Musk wrote in a letter to Bret Taylor, chairman of Twitter's board of directors. With a 9.2% stake in Twitter, Musk is one of the company's largest shareholders. Musk's bid to take over Twitter has fueled speculation about what this could mean for...

The Bible In Paintings 2 ENCOURAGEMENT FOR APPRECIATING AND APPLYING GOD'S MESSAGE J U D G E SCHAPTER 7 The LORD said to Gideon, “You have too many men. In order that Israel may not boast against me that her own strength has saved her, announce now to the people, ‘Anyone who trembles with fear may turn back and leave Mount Gilead.’ ” So twenty-two thou- sand men left, while ten thousand remained. But the LORD said to Gideon, “There are still too many men. Take them down to the water, and I will sift them for you there.”...

Russia's Black Sea flagship which sank yesterday after an explosion on board may have been carrying nuclear warheads, analysts and experts have warned today, as a Russian politician said more than 400 sailors could have gone down with the ship. The Moskva, a Soviet-era guided missile cruiser, sank near the port of Sevastopol on Thursday after Ukraine said it hit the ship with two cruise missiles. Today, Mykhailo Samus, director of a Lviv-based military think-tank; Andriy Klymenko, editor of Black Sea News; and Ukrainian newspaper Defence Express all warned that the Moskva could have been carrying two nuclear warheads designed...

Russia's foreign ministry on Friday warned of unspecified "consequences" should Finland and Sweden join the US-led NATO defence alliance, after Moscow sent troops into Ukraine. Moscow's military actions in Ukraine have sparked a dramatic U-turn in public and political opinion in both Finland and Sweden over long-held policies of military non-alignment. ..."The choice is up to the authorities of Sweden and Finland. But they should understand the consequences of such a step for our bilateral relations and for the architecture of European security as a whole," Russian foreign ministry spokeswoman Maria Zakharova said in a statement. She added that...