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Month-over-month inflation has been rising on average 0.4% for the past three months and 0.3% for the past six months. If inflation continues to rise at this pace for the rest of the year, then year-over-year core CPI inflation will increase from currently 3.8% to 4% to 4.5%, see chart below. Even if month-over-month increases in core CPI comes in at the historical average of 0.2% for the rest of the year, then year-over-year inflation will still end the year at 3%. To get inflation back to the Fed’s 2% inflation target, core CPI for the rest of the year...
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Germany's domestic spy agency urged Berlin on Monday to give it more powers to monitor financial flows amid growing concerns over potential Russian financing of regional far-right parties ahead of European parliamentary elections. While Germany's interior ministry said in February it was working on adapting existing legislation to this effect, the issue has gained fresh urgency following a report that a lawmaker for the far-right Alternative for Germany party had received money from a pro-Russian news portal. "I would hope to have more authority" to monitor financial developments, the head of Germany's domestic intelligence agency Thomas Haldenwang told a news...
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The already insane cost of purchasing a home has hit a new high, thanks to the ongoing horror show that is Bidenomics. Fox News: Findings from Redfin show the combination of steep mortgage rates and elevated home prices has pushed the median monthly housing payment to a record $2,775 – an 11% increase from the same time last year. … There are a number of driving forces behind the affordability crisis. Years of underbuilding fueled a shortage of homes in the country, a problem that was later exacerbated by the rapid rise in mortgage rates and expensive construction materials. And...
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European Union countries, including the Netherlands, Germany and Sweden, are hesitant to provide Ukraine with Patriot air defense systems. The Netherlands is exploring options to support Ukraine financially and is considering depleting its stock of Patriot systems. NATO Secretary-General Jens Stoltenberg said existing capabilities across the alliance could be made available to Ukraine.
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Recent headlines about UCLA School of Medicine suggest that the institution has lost its focus. Instead of brushing up on organic chemistry, its students were subjected to lessons on “Indigenous womxn” and “two-spirits.” Future doctors had to take a class on “structural racism” and were led in a “Free Palestine” chant by a Hamas-praising guest speaker. The school made plans to segregate students by race for courses on left-wing ideology, and two of its psychiatry residents championed “revolutionary suicide.” Why has the school charted this course? One reason is its commitment to diversity, equity, and inclusion ideology. UCLA has a...
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VIDEO Steve Kane Radio Show co-host Brian Craig made a technical suggestion on how to help President Trump counter the absolutely CORRUPT trial now going on in Manhattan. It has to do with how his press conferences are staged at the end of the trial days. It's unbelievable that a CORRUPT judge, Juan Merchan, can PROFIT via his CORRUPT family to the tune of millions of dollars via a kangaroo court trial of President Trump. Brian Craig reveals how President Trump can better make his voice heard revealing the utter CORRUPTION of this trial. Oh, and Dana Bash. Unless you...
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Michael Douglas has given his take on whether Joe Biden is too old to run again. During a Sunday appearance on CNN's Fareed Zakaria GPS, the Oscar-winner, 79, was asked whether Biden was in good enough cognitive shape to continue. 'Well I think that I walk a little similar to him, and the people that I've talked to say he is as sharp as a tack... he's fine,' Douglas, two years Biden's junior, said. 'We all have an issue with memories as we get older, we forget names. 'He's overcome a stutter in his life and sometimes he might [stutter],...
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Scuffles in BrusselsSo, I was in Rome recently chasing down information for a book and noticed that, at the time I’d be heading back home, a National Conservatism Conference was being held in Brussels. I decided to stop in to see how NatCon would fare in the “capital” of the European Union. As has been widely reported, under pressure from “antifa” forces, Brussels’ mayor foolishly forced Concert Noble, the initial venue, to cancel. And again, with the Sofitel. Ultimately, we gathered at the Claridge, where the Tunisian Muslim owner was (unsuccessfully) pressured by the mayor, his wife threatened, and warned...
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The House voted on Saturday to betray America and American interests. As sellouts go, this was a big one, even by Washington Uniparty standards, as these members of Congress basically flipped their collective middle finger at America’s working poor and its increasingly struggling middle class.These globalist sycophants, led by the globalist Speaker Mike Johnson, passed three separate foreign-aid bills that will provide funding to Ukraine, Israel and Taiwan, transferring a total of $95 billion from the U.S. Treasury directly to foreign governments. The massive foreign-aid package now heads to the Senate, where it will be rubber-stamped and signed by Joe...
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JACKSONVILLE, Fla. — A viewer sent into Action News Jax a video of a man wrestling an alligator in the middle of the road Sunday. This happened on Edgewood Avenue. The video shows the Jacksonville Sheriff’s Office was also on the scene too. The Florida Fish and Wildlife Conservation Commission said mating season for gators runs from late May to early June.
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In August 1982, Ronald Reagan’s father-in-law was dying. Nancy Reagan’s beloved dad, Loyal Davis, was an atheist — a troubling fact to the 40th president. So Reagan penned a private, handwritten note in which he recounted how the prayers of colleagues and friends had cured him of a painful stomach ulcer. Giving hope for what lay beyond, Reagan entreated the older man, “We’ve been promised this is only a part of life and that a greater life, a greater glory awaits us … and all that is required is that you believe and tell God you put yourself in his...
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Chinese leader Xi Jinping’s relationship with Russian President Vladimir Putin is tarnished as a result of Russia’s unprovoked invasion and occupation of Ukraine. Xi has been distancing China from Putin’s predations gradually — out of deference to his two biggest customers, the United States and European Union. But on Sept. 15 his displeasure about the war became public. Putin himself admitted at a press conference following a meeting with Xi that China had “concerns” about his war in Ukraine. So did India. But there is one more elephant in the room: Siberia, a region bigger and richer than any place...
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The former porn star refused to accept the papers and walked away, former President Trump's lawyers sayFormer President Trump’s legal team says it tried to serve ex-pornographic actress Stormy Daniels with a subpoena as she arrived for an event at a bar in a New York City bar last month, but she refused to accept it. A process server working for Trump’s lawyers said he approached Daniels with papers demanding information related to a documentary recently released about her life and involvement with Trump but was forced to "leave them at her feet," according to a court filing made public...
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MASSIVE Israeli airstrike in Rafah, earlier today. Boom! 0:14 Video at link....................
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Climate change gets all the attention but Americans are far more worried about inflation, crime, illegal immigration, and the federal deficit. Results of a Gallup survey released on Monday showed that while Americans are very much aware of the claims of climate alarmists, the share of Americans who say they are very concerned about the issue is relatively small. “Among the leading issues confronting the nation, the environment ranks as a lesser public concern, with 37 percent saying they worry a great deal about environmental quality,” Gallup reports.
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Dr. Charles Buhler, a NASA engineer and the co-founder of Exodus Propulsion Technologies, has revealed that his company’s propellantless propulsion drive, which appears to defy the known laws of physics, has produced enough thrust to counteract Earth’s gravity. A veteran of such storied programs as NASA’s Space Shuttle, the International Space Station (ISS), The Hubble Telescope, and the current NASA Dust Program, Buhler and his colleagues believe their discovery of a fundamental new force represents a historic breakthrough that will impact space travel for the next millennium. “The most important message to convey to the public is that a major...
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I urgently prompted my Dr. for more than 1 year for prevention and treatment protocols for possibly imminent, high lethality viruses. She's a good Dr. but her training gets in the way of giving a straight answer. The following very simple elements use 1) an inexpensive Dr. Z. protocol, 2) saline and very dilute hydrogen peroxide administered via home nebulizer, and 3) low-dose lithium from Dr. Michael Nehls. The protocol of the late Dr. Zev Zelenko, with which he suffered only 1 demise among 7,000 patients, uses Vitamin D, zinc, quercetin to substitute for hydroxychloroquine (generally unavailable because prescription only)...
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Polish President Andrzej Duda says Poland is ready to host U.S. nuclear weapons, saying the topic was one of frequent discussions between Warsaw and Washington. Duda told Polish tabloid Fakt in an interview published Monday that Russia is increasingly militarizing the Kaliningrad province between Poland and Lithuania and has relocated tactical nuclear weapons to ally Belarus. “I must admit that when asked about it, I declared our readiness,” the Polish president said of talks with U.S. officials. “If our allies decide to deploy nuclear weapons as part of nuclear sharing also on our territory to strengthen the security of NATO’s...
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New York Attorney General just lost her effort to negate the bond agreement allowing Trump to appeal the judgment. The court added conditions but turned down her effort to reject the company as a viable bonding company.
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