Free Republic

Yikes! One of the unmentioned costs of Fed monetary tightening is the one to US taxpayers. Fed carrying $330B in unrealized losses on its assets according to Q1 financial statement. Which US tax payers are on the hook. Adjusting for the appreciation in its assets the Fed had seen through the end of last year, the unrealized losses were an even larger $458 billion. This makes the Ukrainian relief bill of $30 billion look like chump change. Although it is about the same amount as Biden’s student loan forgiveness plan which would about to $321 billion. Nobody spends other peoples’...

The school district police chief who held officers back during Tuesday’s chilling massacre is set to join the Uvalde City Council, according to reports. Officer Pete Arredondo’s bungled orders resulted in the slowed response of at least 19 cops at Robb Elementary School, where a gunman opened fire and killed 19 students and two teachers, according to NBC News.

Let’s begin with a basic truth that most of the corporate media continually ignore or obscure: President Trump’s endorsement is the single most powerful force in the universe of American politics. There’s never been anything quite like it. ..,.. Snip..... Trump’s endorsement basically won the race for JD Vance in Ohio, and for Ted Budd in North Carolina. In Pennsylvania, his endorsement did the same thing for Doug Mastriano in the governor’s race. This has happened again and again in 2022. Remember, Trump’s record is 92-7. That’s what makes the primary results in Georgia last night so curious and so...

Over the past decade or so, corporate America has incessantly barraged an annoyed citizenry with the preachiness, the condescension, and the weaponized guilt that form the basis of woke ideology. Spineless corporate boards, bending to the will of numerically insignificant but deafeningly shrill fanatics, have bent over backward to cleanse their products and their organizations of supposed bigotries which, upon examination, would be determined to be decidedly unbigoted by any rational being.

Former Speaker Paul Ryan (R-Wis.) said in an interview Thursday that there is a difference between the way lawmakers climb the ranks in Congress now and 10 years ago, adding that lawmakers in both parties today are “entertainers.” “In the old days, like 10 years ago, if you wanted to do really well in Congress, if you wanted to succeed, you climbed a meritocracy. The measurement of success was policy and persuasion,” Ryan said on CNBC’s “Squawk Box.” “That’s not necessarily what motivates people anymore. There’s a lot of entertainers in Congress from both parties,” he said.

IMPORTANT NOTE: In the effort to prevent the shooters from getting additional notoriety, I will refer to them, not by name, but as the Buffalo shooter and the Uvalde shooter, respectively.Quite some time ago, after Sandy Hook's school shooting in 2012, then after another school shooting at Umpqua Community College in October of 2015, I began to be suspicious of the frequency and the targets of these shootings. I wrote an editorial titled "Thinking the unthinkable: A case for orchestration". In it, I explored the possibility that the mass shootings were being orchestrated and enabled by members of certain three-letter...

It was 11:28 a.m. when the Ford pickup slammed into a ditch behind the low-slung Texas school and the driver jumped out carrying an AR-15-style rifle. Twelve minutes after that, authorities say, 18-year-old Salvador Ramos was in the hallways of Robb Elementary School. Soon he entered a fourth-grade classroom. And there, he killed 19 schoolchildren and two teachers in a still-unexplained spasm of violence. At 12:58 p.m., law enforcement radio chatter said Ramos had been killed and the siege was over. What happened in those 90 minutes, in a working-class neighborhood near the edge of the little town of Uvalde,...

A woman was reportedly assaulted on a New York City subway while bystanders appeared to avoid the situation. In a video clip, a person wearing a white hoodie and black leggings was seen walking through the train and speaking to no one in particular, Fox News reported Friday. When riders moved away, the individual appeared to grab onto a woman’s hair and pull her down into the seat as other riders watched the scene unfold.

<p>The Office of the Prosecutor-General, a body responsible for overseeing prosecution in Russian courts, has asked the Russian Supreme Court to designate the ultranationalist Azov Battalion as a terrorist organization, potentially paving the way for the prosecution of the Azov members who surrendered to Russian forces earlier this week at the Azovstal factory in the southeastern port hub of Mariupol.</p>

VIDEOBack in 2007, Beto O'Rourke was just starting out in politics as an El Paso city council member. His primary "accomplishment" was to basically sell out the residents of El Segundo Barrio in that city by supporting a plan that would displace the residents so that his billionaire father-in-law, Bill Sanders, could redevelop the area. Here we see residents of El Segundo Barrio expressing anger at the prospect of losing their homes so Beto's father-in-law could go ahead with this development project. Oh, and they had Beto pegged right as a lackey willing to do the bidding of his father-in-law.

President Joe Biden falsely claimed Saturday that supporters of former President Donald Trump killed police officers during the January 6th riots on Capitol Hill. The president spoke about the January 6th protests during his commencement speech at the University of Delaware. "A mob of insurrectionists stormed the Capitol, the very citadel of democracy. Imagine what you’d be thinking today if you had heard this morning before you got here that a group of a thousand people broke down the doors of the parliament of Great Britain, killed two police officers, smashed and ransacked the office of members of the British...

<p>In his nightly address on Friday, Zelensky said that Russian forces had concentrated their artillery and reserves in the region and that there have been "missile strikes and aircraft attacks—everything."</p><p>"We are protecting our land in the way that our current defense resources allow," he said according to a transcript on the presidential website. "We are doing everything to increase them. And we will increase them."</p>

The government has long claimed its dig was a bust. But a father-son pair of treasure hunters who spent years hunting for the fabled Civil War-era gold — and who led agents to the woodland site, hoping for a finder's fee — suspect the FBI double-crossed them and made off with a cache that could be worth hundreds of millions of dollars. The newly revealed geophysical survey was part of a court-ordered release of government records on the FBI's treasure hunt at Dent's Run, about 135 miles (220 kilometers) northeast of Pittsburgh, where legend says an 1863 shipment of Union...

n the social justice system, words are considered violence. In New York City, the dedicated detectives who investigate these vicious attacks are members of an elite squad known as the Microaggression Victims Unit. These are their stories.

Imagine one of your kids freezing to death in your home. Eleven-year-old Cristian Pineda's mother found her son dead during the Texas blackout in February 2021. Or you have a power outage for three days, losing a couple of hundred dollars worth of food because your refrigerator didn’t work, as Michelle Jones did last summer. The food she had just bought to feed herself, her daughter, and her granddaughter spoiled without electricity. This is likely to become all too common in the future. What do they all have in common? Increasing their reliance on solar and wind and closing coal...

As the US celebrates its Memorial Day weekend, remembering its fallen war heroes, the situation in Ukraine has shifted dramatically. While a week ago Ukrainian leaders were confident that they could drive the Russians from Ukrainian territory, now it appears they are heading for a major defeat in the Donbass region, the area of Eastern Ukraine that stretches all the way down to the Azov Sea and beyond. If the Russians do defeat the main force of Ukraine’s army, or trap them in an unfolding pincer operation, Ukraine will inevitably have to reach a settlement with Russia. All of this...

The Federal Reserve has been signaling a tightening of its loose monetary policy (essentially loose since the housing bubble burst of 2008 and the ensuing financial crisis). So, potential home owners have to pay 5.10% for a 30-year fixed-rate mortgage while the effective Fed Funds rate, the rate at which banks lend to each other, is a measly 0.83%. This puts consumers at a relative disadvantage to large Wall Street firms that are gobbling up houses at an accelerated rate. RealtyTrac has a Attom-sourced table of investor purchases of housing from Q3 2021, before The Fed started helping to crank-up...

Live coverage of Trump rally to defeat Liz Cheney. He's scheduled to start his speech at 4 pm Mountain Time.

A radical leftwing group is laying plans to shut down the Supreme Court in response to a leaked opinion that overturns Roe v. Wade, the Washington Free Beacon has learned. #ShutdownDC is planning to block streets adjoining the Court to prevent the justices and their staff from reaching their chambers. Organizers acknowledged their operations go beyond constitutionally protected activity, and they referenced the likelihood of arrests and clashes with law enforcement during a Tuesday night briefing the Free Beacon monitored. "One of our goals would be to expand the current political crisis by shutting down the Supreme Court," one of...

The Southwest Airlines passenger who masturbated four times during a flight pled guilty to a charge of indecent, or obscene acts while on an aircraft and was sentenced to 48 days in prison, in addition to a lifetime ban from Southwest Airlines. Antonio Sherrodd McGarity, 34, masturbated four times with his genitals out while on a Southwest Airlines flight from Washington to Arizona on April 2, according to a federal criminal complaint. McGarity pleaded guilty last week to a charge of indecent, or obscene acts while on an aircraft, and was sentenced to 48 days in prison as well as...