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  • Biden White House talking points redefining recession quickly embraced by media outlets

    07/27/2022 11:41:47 AM PDT · by BenLurkin · 23 replies
    | Fox News ^ | July 27, 2022 12:06pm EDT | By Joseph A. Wulfsohn
    Some liberal media outlets are beginning to fall in line with the Biden administration's spin on redefining what a recession is ahead of the release of potentially devastating economic stats. New York Times columnist Paul Krugman told readers "there’s a pretty good chance" that GDP shrank in the second quarter, which will trigger "breathless commentary" about there being a recession. But he insisted "we won’t be." His assurances about a recession not taking place came just days after he offered a mea culpa for wrongly predicting in 2021 that the country wouldn't face severe inflation. He also predicted in 2016...
  • Supreme Court Justice Clarence Thomas will not teach George Washington Law seminar after uproar

    07/27/2022 11:26:53 AM PDT · by Red in Blue PA · 60 replies
    Supreme Court Justice Clarence Thomas will not be teaching a course at George Washington University's law school after students protested his role with the school.
  • Explorers find WWII Navy ship, deepest wreck discovered

    07/27/2022 11:17:30 AM PDT · by DFG · 25 replies
    AP via Yahoo ^ | 06/26/2022 | AP
    Scroll back up to restore default view. Associated Press Explorers find WWII Navy ship, deepest wreck discovered June 26, 2022 In this article: Samuel B. Roberts Recipient of the Navy Cross (1921-1942) Robert W. Copeland United States admiral MANILA, Philippines (AP) — A U.S. Navy destroyer escort that engaged a superior Japanese fleet in the largest sea battle of World War II in the Philippines has become the deepest wreck to be discovered, according to explorers. The USS Samuel B. Roberts, popularly known as the “Sammy B," was identified on Wednesday broken into two pieces on a slope at a...
  • Fed Raises Rates by 0.75%, Sees Further Hikes Ahead

    07/27/2022 11:08:57 AM PDT · by entropy12 · 180 replies
    investing.com ^ | Today | Yasin Ebrahim
    The Federal Reserve on Wednesday raised interest rates by 75-basis points for the second-straight meeting as the need for speed to move monetary policy to a restrictive stance to curb above-trend inflation persists. The Federal Open Market Committee raised its benchmark rate to a range of 2.25% to 2.5% from 1.5% to 1.75% previously. In support of its goals - to achieve maximum employment and inflation at the rate of 2 percent over the longer run - the Fed said it "anticipates that ongoing increases in the target range will be appropriate." In the weeks leading up to the decision,...
  • Vehicle repossessions are surging, report finds

    07/27/2022 11:07:32 AM PDT · by RomanSoldier19 · 57 replies
    consumer affairs ^ | 07/26/2022 | Mark Huffman
    From dealers to lenders to tow truck operators, reports have poured in this month about a disturbing trend of rising car and truck repossessions. Lisa Beilfuss Popeo, who covers the economy for Barron's, recently reported that vehicle repossessions have doubled among “prime” borrowers, which includes consumers with good credit scores. "One red flag is the rate of repossession for prime borrowers is starting to rise. It's not just subprime borrowers that are having problems," Popeo told CBS News. The reason for the sharp increase in repossessions is not exactly clear. Some point to a bubble in the car market that...
  • Shark Week 2022 Reveals Something Unexpected About Cape Cod

    07/27/2022 11:03:45 AM PDT · by Capt. Tom · 36 replies
    Looper ^ | Weds July 27, 2022 | Jennifer Mashuga
    Since first premiering in 1988, Discovery Channel's Shark Week — the annual, week-long scheduling of all things sharks — has become a phenomenon. The U.S. had 47 unprovoked shark bites in 2021, with Florida coming in first place with 28. Despite the proliferation of shark attacks in these parts of the country, 2022's Shark Week focuses on the waters around Cape Cod in Massachusetts, and viewers will discover something fascinating and unexpected about the area. There Are More White Sharks Off Cape Cod Than Ever Before Even though many sharks call the waters of the Atlantic Ocean home, many forget...
  • Top US military commanders are worried about what China is up to around the world's most important waterways

    07/27/2022 10:57:28 AM PDT · by RomanSoldier19 · 30 replies
    business insider via yahoo ^ | 7/27/2022 | Christopher Woody
    The US military is increasingly concerned about China's presence near major maritime chokepoints. Much of the world's commercial traffic uses those waterways, and they also have strategic military value. US military leaders are increasingly wary of Chinese activity near the maritime chokepoints through which much of the world's commercial and military traffic passes. The latest warnings come from the general in charge of US Southern Command and the general nominated to lead US Africa Command and echo those of other US officials who worry that China's presence around those strategically important waterways could be used to gather information of economic...
  • Buttigieg: "EVs the Obvious Solution to High Gas Prices" [semi-satire]

    07/27/2022 10:55:08 AM PDT · by John Semmens · 16 replies
    Semi-News/Semi-Satire ^ | 24 July 2022 | John Semmens
    Transportation Secretary Pete Buttigieg expressed his "impatience with all the complaining about high gasoline prices. The more pain we experience from the high price of gas, the more benefit there is from switching to electric vehicles. The stubborn insistence on holding onto the out-dated technology of the combustion engine makes me sick. Electric vehicles (EVs) are the obvious solution to mobility needs. People need to stop whining and get on-board with the government's efforts to motivate them to change how they travel." The ability of many people to buy EVs is impeded by their high cost. The initial purchase price...
  • Woman who opened fire in Dallas Love Field airport was denied gun sale twice

    07/27/2022 10:49:59 AM PDT · by Red in Blue PA · 26 replies
    At a news conference at police headquarters, García said the gun Portia Odufuwa, 37, used Monday was not registered under her name, and added that she tried to buy a gun in Texas at least two times since 2016, but was denied because of an outstanding traffic warrant out of New Mexico. It is unclear how she obtained the gun, and García said Tuesday police had not yet searched her home or talked with people she knows to discern a motive.
  • Putin’s Unexpected Challenge: Snubs From His Central Asian Allies

    07/27/2022 10:46:38 AM PDT · by SpeedyInTexas · 18 replies
    WSJ ^ | 24-JUL-2022 | Evan Gershkovich
    At the start of the year, Russia dispatched more than 2,000 troops to its longtime ally Kazakhstan to help put down violent antigovernment unrest. Six weeks later, when Russian troops stormed into Ukraine, Kazakhstan had an opportunity to repay the favor by supporting the invasion. It didn’t.
  • New video shows suspects just minutes before flashy Brooklyn bishop is robbed

    07/27/2022 10:44:11 AM PDT · by thegagline · 49 replies
    The New York Post ^ | 07/27/2022 | Amanda Woods
    New footage shows the trio who cops believe accosted a flashy Brooklyn bishop and snatched up more than $1 million in jewelry during a live-streamed church service. The footage, released late Thursday and marked with a timestamp of Sunday around 11:05 a.m. – minutes before the heist at the Leaders of Tomorrow International Ministries – shows the three suspects walking on the sidewalk with their hoods pulled up and their faces covered. Bishop Lamor Whitehead, 44, was in the middle of his sermon at the Leaders of Tomorrow International Ministries in Canarsie around 11:14 a.m. when the trio burst in,...
  • A uniformed militia sparks furor at the Oak Fire

    07/27/2022 10:32:10 AM PDT · by artichokegrower · 52 replies
    San Francisco Chronicle ^ | July 27, 2022 | Tony Briscoe, Salvador Hernandez, Christian Martinez and Summer Lin
    MARIPOSA, Calif. — Nearly 3,000 firefighters and first responders have flooded the Sierra foothills of Mariposa County battling the explosive Oak fire, but it’s the guys in camouflage fatigues and surplus war vehicles that have most alarmed some evacuees and monitors of extremist groups. As fire crews made headway Tuesday against a blaze that has roared through 18,000 acres, destroyed 25 homes and forced thousands to flee their homes, the presence of a self-described militia whose members handed out food and offered help to evacuees has raised concerns among some.
  • BEWARE: Disinfo Campaign Launched to Discredit Key Questions Concerning Ray Epps and January 6th

    BREAKING: Freedom of Information Act requests show a dozen phone calls between the cell phone of Ray Epps and the office of Speaker Pelosi in the week before #January6th
  • Daily Mass Gospel Reflection - Buried Treasure

    07/27/2022 10:20:58 AM PDT · by MurphsLaw · 2 replies
    Word on Fire Ministry ^ | 7.27.22 | Bishop Robert Barron
    SEVENTEENTH WEEK IN ORDINARY TIME MATTHEW 13:44–46 Friends, today Jesus offers two parables about the kingdom of heaven. Let’s focus on the first one: “The Kingdom of heaven is like a treasure buried in a field, which a person finds and hides again.” Sometimes God’s love is found that way. There’s a saying: “Life is what happens to you while you’re busy making other plans.” Sometimes in the course of our everyday lives, something happens that vividly and surprisingly summons us to union with God. We realize, in a flash, what it’s all about. We weren’t particularly looking for it,...
  • Germans warned of toilet paper shortage (russkie source)

    07/27/2022 10:17:52 AM PDT · by dynachrome · 63 replies
    OREANDA-NEWS ^ | 7-27-22 | OREANDA-NEWS
    Germany may face shortages of such staples as toilet paper and cardboard if Russian gas supply dwindles in the coming months, German outlet Zeit Online reported on Wednesday. Operating paper plants may become unprofitable if they are forced to produce at reduced capacity because of gas shortages, the publication cites Jürgen Schaller, Chairman of the Board of the Bavarian Paper Associations, as warning. Producing paper requires a lot of water, electricity and gas, Schaller explained, adding that the technology is tried and tested and cannot be changed quickly. “Many employees in my company are already very worried. I can’t blame...
  • Space, gas and food: Russia unleashes full weight of leverage as it pressures West, escalates war

    07/27/2022 10:14:44 AM PDT · by Mariner · 40 replies
    The Washington Times ^ | July 27th, 2022 | By Ben Wolfgang
    Moscow is attempting to unleash its leverage from space and global energy markets in a revamped effort to break Western solidarity and punish the United States and Europe for militarily supporting Ukraine during the more than five months since the Russian invasion.In the latest salvo, Russian officials declared Tuesday that their country will pull out of the International Space Station in 2024, ending decades of cooperation with the United States and its allies in space and putting the future of the facility in doubt.The decision was announced a day after Russian energy giant Gazprom said it will slash gas flows...
  • Mysterious holes discovered on ocean floor puzzle experts, spawn aliens theory

    07/27/2022 10:13:11 AM PDT · by bitt · 63 replies
    nypost ^ | 7/27/2022 | ben cost
    There are holes in their knowledge regarding these mysterious ocean-bed perforations — so experts are asking for help. Scientists have been left flabbergasted over a series of mysterious holes discovered this week at the bottom of the Atlantic Ocean. The National Oceanic and Atmospheric Administration posted photos of the underwater formations on Facebook and Twitter, where sea-savvy social media users have postulated that they could be everything from “wormholes” to “aliens.” “Okay Facebookers, time to get out those scientist hats!” the NOAA declared in a statement regarding the pits, which are located 1.7 miles below the surface of the Atlantic...
  • The National Tragedy of Hunter Biden’s Laptop

    07/27/2022 10:08:52 AM PDT · by Heartlander · 20 replies
    Tablet Magazine ^ | July 26, 2022 | Lee Smith
    The National Tragedy of Hunter Biden’s LaptopHow a country’s political corruption, institutional decay, and moral decline can be summed up in one sad family sagaThe recent release of more gigabytes of images and information from Hunter Biden’s laptop adds to the evidence that the all-out elite effort to bury the scandal before the 2020 election wasn’t just to protect Joe Biden, the preferred candidate of the American oligarchy. Sure, the 50-plus senior U.S. intelligence professionals who signed a letter claiming the laptop’s contents were “Russian disinformation” wanted to stop Donald Trump from sending angry tweets at them, but the laptop...
  • Protesters attack UN headquarters in DR Congo

    07/27/2022 10:07:09 AM PDT · by Roman_War_Criminal · 12 replies
    Watchers News ^ | 7/26/22 | Staff
    At least 5 people have been killed and around 50 injured on July 25, 2022, after hundreds of protesters attacked a United Nations headquarters in Goma, North Kivu, Democratic Republic of Congo, demanding that the mission leaves the country for failing to protect the population. The protest started after President Felix Tshisekedi’s party and civil society organizations called for the demonstration in Goma after the president of the Senate, Modeste Bahati, called on the UN’s MONUSCO mission to leave Congo in mid-July. The mission is present in the country for more than 20 years. It is the largest peacekeeping mission...
  • Judge tosses Kentucky student’s lawsuits over DC encounter

    07/27/2022 10:03:49 AM PDT · by Oldeconomybuyer · 56 replies
    The Associated Press ^ | July 27, 2022 | By DYLAN LOVAN
    <p>LOUISVILLE, Ky. (AP) — A federal judge on Tuesday threw out multimillion-dollar defamation lawsuits against five media companies brought by a Kentucky student involved in a 2019 widely viewed encounter with a Native American man at the Lincoln Memorial in Washington.</p>