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How crazy was The Federal Reserve’s overreaction to the government shutdowns surrounding the Covid epidemic? While most analysts talk about California, I am going to discuss … Cleveland Ohio as an example of how The Fed can destroy markets. The Case-Shiller home price index for Cleveland rose 31.5% since January 2020 just before The Fed unleashed its massive monetary stimulus on an unsuspecting city. But as The Fed starts to tighten monetary policy after Yellen’s too loose for too long policies followed by Powell, foreclosure rates are soaring in Cleveland. In fact, according to Attom Data, 5 of the top...

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Trump is trying to claim that he never endorsed Kevin McCarthy for speaker even though he endorsed him two weeks ago. A couple of weeks ago, Trump endorsed McCarthy and said he was “an outstanding Representative for the people of California, and a strong and fearless Leader of the House Republican Conference.” However, according to The Washington Examiner, Trump now claims that he never endorsed McCarthy for speaker, “Towards the end of a recent interview, Trump interjected to correct conservative talk show host Wayne Allyn Root after he said Trump endorsed McCarthy for speaker. “No, I haven’t,” Trump said. “No,...

Alabama voters Tuesday will choose party nominees for offices up and down the ballot, ending a primary campaign largely focused on culture war issues and personal backgrounds. State Republicans will choose their nominees for U.S. Senate, secretary of state, state auditor and the Alabama Public Service Commission. Democrats will choose a nominee for governor. One would need an electron microscope to determine ideological differences between the candidates. The campaigns and arguments have centered around personal qualities and qualifications. If traditional trends hold, it will likely be a small group of Alabamians who make the decisions about the next round of...

[Video 7:38] Human Feces, Other Biohazards on San Diego Sidewalks Cost City Nearly $1 Million Every Year NBC 7’s Alexis Rivas takes a look at the issues behind filth on public streets, and the price tag for cleaning it up. NBC Universal, Inc. Taxpayers in San Diego spend nearly $1 million each year sanitizing sidewalks from biohazards, including needles, personal hygiene waste and human feces. It’s a problem that is not only gross, it's also a major public-health threat some say the city isn’t doing enough to fix. “Maybe this is really gross,” said Sherman Heights resident Essence McConnell, “but...

The race between Fetterman and Oz is still in its infancy, but a USA Today Network/Suffolk University poll released this week showed the Democratic lieutenant governor leading by a 9-point margin. But Fetterman and his party are facing a difficult political environment this year, and there’s still time for Oz to solidify his support among Republican voters.

Rep Jamie Raskin (D-Md.) said on Sunday that former Vice President Mike Pence was a hero on Jan 6, 2021, for resisting pressure to overturn the 2020 election from former President Trump and his allies. During an appearance on NBC’s “Meet the Press,” moderator Chuck Todd asked Raskin, a member of the select House panel investigating Jan. 6, if he considers Pence a hero for defying Trump’s orders. “Well, you know, in a time of absolutely scandalous betrayal of people’s oaths of office and crimes being committed all over the place, somebody who does their job and sticks to the...

Teeny little newts being fed. Cuteness ensues. Video, 5 minutes & 32 seconds

European natural gas prices rose after rallying 43% last week as Russia’s steep supply cuts put governments on high alert amid a mounting possibility of rationing. Benchmark futures rose as much as 8.1%, with shipments via the Nord Stream remaining at just 40% of capacity. Supply is likely to remain curbed with Gazprom PJSC’s chief Alexey Miller warning there’s no solution for now for issues with the gas turbines essential for the functioning of the pipeline. That’s forcing major European consumers to withdraw gas from the reserves they have been building for the winter when demand typically peaks. The government...

Gazprom in mid-June announced gas flows from Russia to Germany through the key pipeline Nord Stream would be reduced by about 40 percent, arguing that German engineering company Siemens had failed to provide the equipment needed to carry out repairs. Production cuts due to gas shortages could disproportionately affect producers of energy-intensive basic materials like chemicals, steel, fertilizers or glass. Some industrial installations would be permanently damaged if they have to be turned off for an extended period of time. Company leaders have therefore warned against “dramatic” consequences of a domino effect in supply chains that could set in if...

A Walt Disney World bus driver who allegedly sent photos of his 'genitalia' to a minor was one of 12 people arrested in an undercover child predator sting operation conducted by Florida law enforcement officials, earlier this month. Thirty-year-old Zachary Hudson was in his Disney bus uniform when Orange County deputies arrested him at the Disney's Magic Kingdom on June 6. An undercover agent, who posed as a 15-year-old girl, caught Hudson in the heinous act. Hudson reportedly sent racy sexually explicit messages to the teen and photos of his genitalia while on his work shift at Disney on June...

A man who was 'hearing voices' smashed his Volkswagen Jetta through the front windows of a souvenir store named 'New England for Trump' in Easton, Massachusetts. According to a statement from the Easton Police Department, the terrifying moment occurred just after 5:00 pm on Thursday. Responding officers found a 2015 Volkswagen Jetta crashed in the store with pro-Donald Trump merchandise scattered all around it. In raw video of the incident, the 1991 Nirvana song 'Smells Like Teen Spirit' can be heard blasting out of the car. The driver of the car was named by police as Sean Flaherty, 46, of...

Two frat boys from the University of Missouri have been charged in connection with a 19-year-old at the school who was left blind and unable to walk or talk after being forced to down a family-sized bottle of Tito's vodka. Ryan Delanty and Thomas Shultz were indicted Friday in Missouri's Boone County in connection with the treatment of Daniel Santulli, a teenager whose family say was forced to drink until his heart stopped last October during pledge month at Phi Gamma Delta. Shultz is facing an additional felony charge of tampering with physical evidence. He has been left permanently and...

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A magnitude 6.0 earthquake struck Taiwan on Monday morning. There were no immediate reports of damage or injuries. The quake had an estimated depth of 10 kilometers (6.2 miles), according to the US Geological Survey. It struck 38 kilometers south of Hualien city in Taiwan's east at 9:05 a.m. local time (0105 GMT). A second smaller tremor hit about half an hour later, according to Taiwan's Central Weather Bureau.

I know that video clip going around looks awful, but let me give some context here. There has been extreme heat and humidity in Western Kansas and cattle have died. This is normal, and 10,000 head total statewide is not a “mass die-off that will cripple the beef supply.” Not even close. There are roughly six million cattle in Kansas. Of those, over two million are “on feed” in confinement feedlots in the western half of the state. In the former United States, something like 125,000 head of cattle are slaughtered per day, Monday through Friday, with a reduced kill...

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“A king that sitteth in the throne of judgment scattereth away all evil with his eyes” (Proverbs 20:8).

Producer prices of agricultural products were 39.9% higher in April 2022 than in April 2021. This is the highest rise in prices compared with the same month a year earlier since the survey was first conducted in 1961. {GERMANY}

Can the West still provide the arsenal of democracy?The war in Ukraine has proven that the age of industrial warfare is still here. The massive consumption of equipment, vehicles and ammunition requires a large-scale industrial base for resupply – quantity still has a quality of its own. The mass scale combat has pitted 250,000 Ukrainian soldiers, together with 450,000 recently mobilised citizen soldiers against about 200,000 Russian and separatist troops. The effort to arm, feed and supply these armies is a monumental task. Ammunition resupply is particularly onerous. For Ukraine, compounding this task are Russian deep fires capabilities, which target...