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Well, the Fed’s talking heads have been saying a 50 basis point hike was coming in May … and it appeared! And it looks like 9 rate hikes are a comin’ by February 2023. The Fed’s Dot Plots shows a cooling of Fed rate hikes by 2024 and beyond. The US Treasury actives curve is up by 14 bps at the 10-year tenor and up 17 bps at the 2-year tenor. I could read the Fed’s speech on their decision, but since The Fed has been so highly politicized, I don’t really care what they say. Only what they do.

Meet Elizabeth Deutsch. She's currently a law clerk for Justice Breyer.And, in my humble opinion, she's the most likely person to have leaked the draft Supreme Court opinion in Dobbs, purporting to overturn Roe v. Wade.🧵 pic.twitter.com/V8mfc5hG2I— Will Chamberlain (@willchamberlain) May 4, 2022

Human Events Media Group announced today that it has acquired conservative news outlet The Post Millennial. ===================================================================== **FOR IMMEDIATE RELEASE** MEMPHIS, Tenn. May 4, 2022—Human Events Media Group announced today that it has acquired conservative news outlet The Post Millennial. The combination of these two companies, which appeal to unique audience segments, will position the new entity to disrupt the political media landscape and challenge more established conservative publishers. The new conglomerate will be comprised of some of the most followed and influential journalists and commentators in the conservative media world including Jack Posobiec, Charlie Kirk, Libby Emmons, Andy Ngo,...

People of many different nationalities are fighting against Russia in Ukraine. TV 2's Rasmus Tantholdt has spoken to one of them at a hospital. In a hospital somewhere in Ukraine lies a wounded soldier. His face is from the hairline of his forehead to the cleft of his chin covered with small wounds, the arms of bandages, and his sight is greatly impaired after being struck by splinters from a grenade. There are many of them in the Ukrainian hospitals, but this man is different. He is a US citizen and from Cleveland in the United States. His name is...

Joy Behar told her co-hosts Tuesday on ABC’s “The View” that if the Supreme Court had made a 5-4 decision to overturn the 1973 Roe v. Wade decision on abortion, it was the beginning of a “war” on women, gay people, and people of color.

Greece and Bulgaria said on Tuesday a new liquefied natural gas (LNG) facility to be built off the northern Greek port of Alexandroupolis would help create a new gas route for Europe and cut reliance on Russian gas at a crucial moment... Greece has been supplying Bulgaria with gas since it was cut off by Russia... The new FSRU (a floating storage and regasification unit), which will be anchored about 18 kilometers (11 miles) off Alexandroupolis port and carry gas to the shore via a 28 kilometer long pipeline, is expected to start operations at the end of 2023. It...

The victory of JD Vance in the raucous Ohio GOP senate primary sets the tone for a midterm success that will include a larger number of unique, independent and successful candidates who will win their races due to their own abilities and association with Donald Trump, and not because of their fealty to Washington, Republicans or the support from major corporations. In fact, a growing number of these successful candidates ran against the traditional national powers. When they come to the Capitol they will comprise the first Republican majority wholly independent of the normal elite power structures. This could be...

The Economic Development Fraud Watchdog group, Good Jobs First, has released a scathing report on the $1.5 billion subsidy package the State of Georgia has approved for the "unproven" electric vehicle company – Rivian. Greg LeRoy, the watchdog's Executive Director, offered the following analysis of the Georgia Rivian deal, what he believes to be the largest subsidy package for an auto assembly factory in U.S. history. The Rivian incentives are grossly over-priced and Georgia taxpayers will never break even on the deal. It will cause upward pressure on local property tax rates and may also reduce the quality of public...

The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point as the most aggressive step yet in its battle against generational highs in inflation. Along with the move higher in rates, the central bank indicated it will begin reducing asset holdings on its $9 trillion balance sheet. The Fed had been buying bonds to keep interest rates low and money flowing through the economy, but the surge in prices has necessitated a dramatic rethink in monetary policy.

The future of Star Wars is coming into focus on this May the Fourth, with new film projects being announced during the annual celebration, but there’s a four-decade-old mystery tied to the franchise’s history that remains cloudy. In 1977, Toyota teamed up with 20th Century Fox for a promotional sweepstakes where the grand prize was a custom Star Wars Celica that featured imagery from the original film, including the movie poster painted on its hood and reproductions of film cells on the sides. Unfortunately, things didn’t go to plan. After the California shop that customized the car was mired in...

Max Miller, a former aide to former President Donald Trump, won the Ohio Republican primary on May 3, according to multiple projections.Miller drew 71.5 percent of the vote as of 10:27 p.m. with 62 percent of the districts reporting.Trump had endorsed Miller when he was running against Rep. Anthony Gonzalez (R-Ohio), who was one of a small group of Republicans who had voted to impeach Trump. Gonzales later quit the race and announced his retirement from Congress.A redistricting in Ohio threw a late twist into Miller’s bid, eliminating the district he was running in. Miller instead challenged Rep. Bob Gibbs...

I’ve known and know a number of girls and women named Karen. I cannot think of anything bad about any one of them. One Karen I dated in high school. Others I’ve met and/or worked with while becoming friends and colleagues with. All of them are very nice with nothing derogatory that I can think of nor remember. Yet “Karen” has become a pejorative in our current hyper “woke” culture. “Karen” has become a caricature of that certain middle-aged white woman calling 911 on children skateboarding in the cul-de-sac, dog-walkers in urban parks and that bossy woman demanding to see...

The Kremlin on Wednesday dismissed speculation that President Vladimir Putin planned to declare war against Ukraine and declare a national mobilisation on May 9 when Russia commemorates the Soviet Union's victory in World War Two. -snip- Asked about speculation that Putin will declare war against Ukraine on May 9, Kremlin spokesman Dmitry Peskov said: "There is no chance of that. It's nonsense." Peskov also said that people should not listen to speculation that there could be a decision on a national mobilisation. "It is not true. It is nonsense," Peskov told reporters.

Fox News host Tucker Carlson noted Tuesday that Joe Biden voted against Roe vs Wade when he was a Senator, favouring making it a State issue, rather than a decision that should be made by the Supreme Court.Carlson told viewers that “Joe Biden has always supported legal abortion, but nine years after the Roe decision was handed down, he was still willing to admit it was indefensible as a legal decision.” The host continued, “Pregnant women, Biden explained in 1982 as a member of the Senate Judiciary Committee, should not have “the sole right to say what should happen” to...

Diary of 8-year-old boy from Mariupol: "25 - my grandfather died. 26 - I have wound on my back, my sister's head was cut, mother had meat torn off her arm and hole in her leg". The diary of a boy from Mariupol, which he kept during the Russian occupation, was published online. The diary was published by Mariupol resident Yevhen Sosnovsky, Censor.NET reports. In the diary, an 8-year-old boy from Mariupol tells and draws what he sees and what is happening to his family in Russian-occupied Mariupol. "It hurts to see your mother die in front of your eyes....

Leftist Outrage over the Leaked Draft Supreme Court Decision is PRICELESS!8 minute video.

This is an illustration of an asteroid. NASA/JPL-Caltech ===================================================================== I was cruising through the Google News science section this morning when a story popped out saying NASA has estimated a space rock the size of the Great Pyramid may hit our planet on May 6, and even that an impact is "likely." That's the kind of message that can get your adrenaline pumping. But don't fear. Asteroid 2009 JF1 won't be smacking into us. A quick peek around Twitter shows people expressing concern about the headlines, many of them asking the same question: Will it hit Earth? Fortunately, it will...

We noted Tuesday evening, D (for Diesel)-Day quickly approaches, though it might already be here as U.S. East Coast distillate inventories plunge to a record low, according to new government data. Weekly petroleum data from Energy Information Administration’s (EIA) Crude Oil Inventories show East Coast distillate inventories are at their lowest ever, dropping to just 22.4 million barrels. Total U.S. distillate inventories have sunk to levels not seen since the last financial crisis. One of the reasons for the drop is East Coast refinery capacity has plunged over the last decade, “leaving the region vulnerable to squeezes,” according to Bloomberg’s...

T Cells Attacking Cancer Cells 3D rendition of T cells attacking cancer cells. Credit: La Jolla Institute for Immunology ================================================================= Researchers uncover a new strategy to avoid cancer immunotherapy side effects. It’s not often that a failed clinical trial leads to a scientific breakthrough. When patients in the UK started experiencing negative side effects during a cancer immunotherapy trial, researchers at La Jolla Institute for Immunology (LJI) Center for Cancer Immunotherapy and University of Liverpool went back, examined the data, and worked with patient samples to determine what went wrong. Their findings, published today (May 4, 2022) in the journal...

Differences in Pitt-Hopkins Syndrome (right) and a control (left) organoid. (Papes et al., Nature Communications, 2022) ================================================================== Scientists have uncovered changes in neurological structure that could underlie the autism spectrum disorder known as Pitt Hopkins syndrome, thanks to the help of lab-grown brains developed from human cells. Furthermore, the researchers were able to recover lost genetic functions through the use of two different gene therapy strategies – hinting at the possibility of treatments that could one day give those with the condition new options in improving their quality of life. Pitt Hopkins syndrome is a neurodevelopmental condition stemming from a...