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Keyword: bidenflation

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  • VIDEO: Buttigieg Brags in New Hampshire While Transportation System Falls Apart

    10/03/2022 12:38:55 PM PDT · by PJ-Comix · 6 replies
    YouTube ^ | October 3, 2022 | DUmmie FUnnies
    VIDEOIs there any doubt that Pete Buttigieg is the WORST Transportation Secretary ever? Yet this walking, talking BS artist was recently BRAGGING in New Hampshire. Perhaps instead of not very subtly running for President he should try RUNNING his own Transportation Department. Or does he know he is waaaay too incompetent to perform that task so avoids that by going out on the campaign trail to brag, brag, BRAG.
  • Joe Biden Admits Failure in Puerto Rico After Hurricane Fiona: ‘They Haven’t Been Taken Very Good Care Of’

    10/03/2022 9:56:28 AM PDT · by conservative98 · 60 replies
    Breitbart ^ | 3 Oct 2022 | CHARLIE SPIERING
    President Joe Biden on Monday admitted the federal government was failing Puerto Rico, speaking as he left the White House to visit two weeks after Hurricane Fiona hit the island. “I’m heading to Puerto Rico because they haven’t been taken very good care of,” Biden told reporters after exiting the White House. Both the president and First Lady Jill Biden are traveling to Puerto Rico to get updates on the island’s recovery and help pack bags of food and essential items for residents still struggling after the Category 1 storm. Over 120,000 residents are still without power, two weeks after...
  • Gas Price Hits Record High $6.466 in Los Angeles; Soars Past June High

    10/03/2022 10:39:53 AM PDT · by conservative98 · 39 replies
    Breitbart ^ | 3 Oct 2022 | JOEL B. POLLAK
    Gas prices hit a record high in Los Angeles County of $6.466 per gallon on Monday morning, soaring past the previous record set during the nationwide price surge this past spring.
  • Fed's preferred gauge shows inflation accelerated even more than expected in August

    10/01/2022 8:49:21 PM PDT · by RomanSoldier19 · 23 replies
    cnbc vis msn ^ | 10/1/2022 | Jeff Cox
    nflation in August was stronger than expected despite the Federal Reserve's efforts to bring down prices, according to data Friday that the central bank follows closely. The personal consumption expenditures price index excluding food and energy rose 0.6% for the month after being flat in July. That was faster than the 0.5% Dow Jones estimate and another indication that inflation is broadening. On a year-over-year basis, core PCE increased 4.9%, more than the 4.7% estimate and up from 4.7% the previous month. Including gas and energy, headline PCE increased 0.3% in August, compared with a decline of 0.1% in July....
  • Washington Post: the recession is good for you, really!

    09/28/2022 8:35:17 PM PDT · by SeekAndFind · 8 replies
    Hotair ^ | 09/28/2022 | David Strom
    I can’t say whether the Washington Post is just fond of listicles or whether they are trying to provide some cover for the Democrats, but they actually had the gall to publish an article that tries to convince us that the current recession is going to actually be good for us. The article is written by Michelle Singletary, who writes the nationally syndicated personal finance column “The Color of Money,” which appears in The Washington Post on Wednesdays and Sundays.I am not going to waste your time duplicating all the arguments–after all, you should always check out the source material...
  • Inflation Could Cause Me To Lose Up to 30% of my Retirement

    09/28/2022 10:53:42 AM PDT · by quikstrike98 · 147 replies
    Team Meeting | Self
    Well, we just had our weekly team meeting. I work for a very large corporation. We were just told that they will be recalculating retirement lump sum payments due to inflation, and depending how things are calculated, if we retire after Jan 1 of next year, we could lose up to 30% of our savings. You read that right, 30%. Thanks Commierats!
  • Wrecking ball dollar swinging next toward US

    09/28/2022 4:20:16 AM PDT · by FarCenter · 7 replies
    Asia Times ^ | By WILLIAM PESEK
    TOKYO – Wall Street suits, run for the hills. So far this year, the surging dollar has left a trail of carnage across Asian and European economies, currencies and bourses. Now, it is likely headed for home territory. Count Michael Wilson, Morgan Stanley’s chief US equity strategist, as among those fearing the dollar’s rally is creating an “untenable situation” for US stocks and other assets, pointing to similar periods of exchange-rate excess in the past. “While hard to predict such events, the conditions are in place,” Wilson notes, referring to sovereign debt issues in 2012, the Lehman Brothers crisis of...
  • Republicans slam Biden's 'total surrender' to Russia by dropping opposition to Nord Stream 2 pipeline: Ted Cruz says Putin should 'thank' Joe by 'asking oligarch to buy $500K Hunter painting'

    07/22/2021 1:30:14 AM PDT · by knighthawk · 27 replies
    The Biden administration is expected to drop the US's years-long opposition to a new natural gas pipeline between Russia and Germany as early as today, earning swift backlash from top Republicans. 'This is a terrible mistake, it's a mistake that's opposed by both parties in Congress. It's just another example of the pathetic appeasement of Joe Biden for Vladimir Putin,' Arkansas Senator Tom Cotton said on Fox News Wednesday. On top of 'costing' American jobs, Cotton claims the move empowers Russia and 'badly undercuts our allies and partners in Eastern Europe like Poland and Ukraine, who Joe Biden is now...
  • JOE DID THIS – US Government Expects Home Heating Bills to Increase by 54%

    09/27/2022 7:49:29 PM PDT · by bitt · 34 replies ^ | 9/27/2022 | m. dowling
    The US government expects households to see their heating bills increase by 54% compared with last winter. U.S. consumers will spend more to heat their homes this winter than last year due to surging energy prices, the U.S. Energy Information Administration (EIA) projected in its winter fuels outlook on Wednesday. US natural gas has climbed to its highest price since 2014 and is up roughly 90% over the last year. The wholesale price of heating oil has more than doubled in the last 12 months. The biggest reason for this winter’s higher heating bills is the recent increase in prices...
  • Merkel moves to open up Germany to US gas imports after Trump's push: report

    10/22/2018 7:07:28 PM PDT · by ding_dong_daddy_from_dumas · 12 replies
    The Hill ^ | 10/22/2018 | Megan Keller
    German Chancellor Angela Merkel is making a move to open up Germany's market to U.S. gas companies, following a lobbying push from President Trump, The Wall Street Journal reported. Merkel told a group of lawmakers over breakfast in October that her government will co-finance a $576 million liquified natural gas (LNG) shipping terminal in northern Germany, the Journal reported, citing people familiar with the meeting. The project had been stalled for years, but Trump has lobbied hard for Europe to increase LNG purchases from the U.S. while reducing their reliance on Russia. Germany gets most of its gas from Russia,...
  • Emissions Accomplished -- Trump Wins on Fracking

    02/15/2020 6:42:22 AM PST · by Kaslin · 34 replies
    American ^ | February 15, 2020 | Daniel John Sobieski
    After three years of apocalyptic wailing and gnashing of environmentalist teeth over President Trump’s decision to withdraw from the job and economy killing Paris Climate Accord, it is ironic that the one country that faces the brunt of criticism from climate change zealots such as Greta Thunberg is leading the world and the European Union in lowering emissions and promoting cleaner energy, such as natural gas, all the while not hurting the economy: Despite shrieks of terror from the left about how President Donald Trump’s presidency threatens the existence of Earth and thus mankind, the fact is that under his...
  • UK lenders pause new mortgages amid market turmoil

    09/27/2022 1:18:13 PM PDT · by EBH · 7 replies
    Virgin Money and Skipton among those to suspend loans as wholesale rates whipsaw Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of T&Cs and Copyright Policy. Email to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at Some of the UK’s biggest mortgage lenders, including Virgin Money and Skipton Building Society, have stopped offering new home loans in response to the market...
  • Biden pumped up, demands gas stations slash prices at the pump: ‘Do it now’

    09/27/2022 12:29:09 PM PDT · by Oldeconomybuyer · 97 replies
    NY Post ^ | September 27, 2022 | By Ariel Zilber
    President Biden lashed out at gas stations on Tuesday for allegedly being tardy in lowering the price of fuel in line with dropping oil prices. During a meeting Monday with economic aides, Biden lamented that while crude prices fell sharply last month, it has taken a “long time” for the drop in price to trickle down to the consumer. “We haven’t seen the lower prices reflected at the pump though. Meanwhile, oil and gas companies are still making record profits — billions of dollars in profit,” the president said Monday. “My message is simple. To the companies running gas stations...
  • Federal Reserve hikes key interest rate 0.75 percentage point, projects economic slowdown

    09/21/2022 11:53:10 AM PDT · by ConservativeInPA · 145 replies
    CBS ^ | September 21, 2022 | IRINA IVANOVA
    The Federal Reserve on Wednesday raised its benchmark interest rate by 0.75 percentage point and signaled it plans to keep rates higher for longer as it tries to douse red-hot inflation. The Fed's target interest rate is now in the range of 3% to 3.25%, the highest level in 14 years. The bank's rate-setting panel also projected that the Federal Funds rate would hit 4.4% by year-end, up sharply from a projection of 3.4% in June, and 4.6% in 2023, up from a previous estimate of 3.8%.
  • If He’s Elected, The Stock Market Will Crash’: Trump’s 2020 Warning About Biden Comes True

    09/25/2022 8:06:52 AM PDT · by E. Pluribus Unum · 36 replies
    The Daily Wire ^ | Sep 25, 2022 | Ben Zeisloft
    A clip of former President Donald Trump arguing that the election of President Joe Biden would lead to a plummeting stock market circulated online on Friday after Wall Street saw a bloodbath.The Federal Reserve increased targets for the federal funds rate by 0.75% on Wednesday afternoon, sending the Dow Jones Industrial Average, which tracks 30 of the most prominent companies on American exchanges, tumbling more than 500 points. After stagnating on Thursday, the index fell another 500 points by early Friday afternoon to 29,400. On January 20, 2021, the day of Biden’s inauguration, the Dow had closed slightly above 30,900.“They...
  • Volcker and the Great Inflation: Reflections for 2022

    09/24/2022 4:15:24 PM PDT · by Grandpa Drudge · 4 replies
    Misis Wire ^ | 09/21/2022 | Alex J. Pollock
    The celebrated Paul Volcker (1927-2019) became Chairman of the Federal Reserve Board 43 years ago on August 6, 1979. The 20th-century Great Inflation, stoked by the Federal Reserve and the other central banks of the day, was in full gallop in the U.S and around the world. In the month he started as Chairman, U.S. inflation continued its double-digit run—that August suffered a year-over-year inflation rate of 11.8%. On August 15, the Federal Reserve raised its fed funds mid-target range to 11%, but that was less than the inflation rate, so a nominal 11% was still a negative real interest...
  • Couples are now fighting while shopping as grocery prices soar to new highs

    09/24/2022 7:03:21 PM PDT · by Roman_War_Criminal · 81 replies
    Starvation News ^ | 9/22/22 | Mary Villarreal
    Leibel Sternbach, a financial adviser, shared how his wife now has to double check their fridge after every shopping trip to tell him which things he didn’t need to buy. After all, their weekly grocery costs are now up to $350 per week. Last year, it was only around $220. He and his wife have already given up on their favorite snacks – babka for him and KitKat candy bars for his wife. Arne Boudewyn, head of family wealth and culture services at Wells Fargo, said this scenario is happening in many households across the country. “You don’t want to...
  • If the 'My 401k' trend is ANY indication, Democrats are in seriously DEEP cr*p come November (here are some of the ANGRIEST tweets)

    09/24/2022 6:24:13 AM PDT · by NetAddicted · 105 replies ^ | 4/24/2022 | Sam Janney
    Twitchy US NEWS MEDIA ENTERTAINMENT CARTOONS Premium Content My Account × Search If the ‘My 401k’ trend is ANY indication, Democrats are in seriously DEEP crap come November (here are some of the ANGRIEST tweets) Posted at 8:44 am on September 24, 2022 by Sam Janney As the Biden admin desperately tries spinning this disastrous economy (look, you’re paying less for gas but still more than before but hey, you should be grateful), it’s becoming more and more obvious that they either have no idea what the Hell they’re doing OR there is sadly some truth to the ‘conspiracy’...
  • After Student-Loan Forgiveness, Mandatory Credentialing Has to Go. It’s time to take college degrees off their legal pedestal.

    09/21/2022 11:09:16 AM PDT · by karpov · 23 replies
    James G. Martin Center for Academic Renewal ^ | September 21, 2022 | Frederick M. Hess
    President Biden recently announced a controversial, half-trillion-dollar student-loan-forgiveness scheme in which his administration would use a minor provision of the post-9/11 HEROES Act to excuse student borrowers from repaying roughly $500 billion in federal taxpayer funds. This regressive, unnecessary, and perverse maneuver promises to steer vast sums to affluent college-goers, even as it encourages colleges to be ever more cavalier about raising tuition and future borrowers to take on additional debt. Biden is sticking taxpayers with a half-trillion-dollar loss in order to subsidize borrowers who’ve decided college wasn’t worth the cost. That’s a pretty damning indictment of higher education. Even...
  • Joe Biden Uses U.N. to Call for Palestinian State: They Are ‘Entitled’ to It

    09/21/2022 10:54:44 AM PDT · by ChicagoConservative27 · 102 replies
    Breitbart ^ | 09/21/2022 | Deborah Brand
    President Joe Biden told the United Nations on Wednesday the Palestinians are “entitled” to their own state, a day after the U.S. State Department announced $64 million in aid to the U.N. agency for so-called Palestinian refugees. “We will continue to advocate for a lasting, negotiated peace between the Jewish and democratic state of Israel and the Palestinian people,” Biden said during his address at the U.N. General Assembly.