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I truly am wondering if we are witnessing the death throes of the Biden regime. The country is being bombarded by a barrage of lies and deceit from Biden and his trusty sidekick KJP. Biden is shouting his lies all the time, as if a bellicose fusillade of falsehoods will convince you to not pay attention to the man at the wheel but to keep believing in the Captain of the SS Biden. Captain Oblivious spent this afternoon shouting at his celebration of the Inflation Reduction Act. Biden: "THINK ABOUT WHAT YOU'D THINK ABOUT" pic.twitter.com/HGeiJpqYfj — Greg Price (@greg_price11) September...

WASHINGTON (AP) — U.S. inflation is showing signs of entering a more stubborn phase that will likely require drastic action by the Federal Reserve, a shift that has panicked financial markets and heightens the risks of a recession. Some of the longtime drivers of higher inflation — spiking gas prices, supply chain snarls, soaring used-car prices — are fading. Yet underlying measures of inflation are actually worsening. The ongoing evolution of the forces behind an inflation rate that’s near a four-decade high has made it harder for the Fed to wrestle it under control. Prices are no longer rising because...

CNN anchors called out President Biden on Tuesday while the network aired a jarring image that showed the commander-in-chief celebrating passage of the Inflation Reduction Act even as the stock market tanked. Republicans pounced on the Biden administration for throwing a party on the White House’s South Lawn, complete with performance by folk rocker James Taylor, on the same day that federal data showed inflation ran at a hotter-than-expected 8.3% in August. CNN aired a snippet of Biden’s speech before cutting away, with both anchors Alisyn Camerota and Victor Blackwell questioning the timing of the event. “There is this unfortunate...

GERMAN breweries have been told to halt beer production amid fears Oktoberfest will be canceled after Russia cut off gas supplies.

As I was driving earlier today, I heard a news clip on the radio announcing that inflation rates in Canada are the highest that they have been in forty years. Forty years! There was a huge lineup of cars at the gas station because the price of gas was a bargain at $1.94 per litre. Not that long ago, circa March 2020 before the ChiComms lobbed their biological nuke into our bodies and countries, it cost about $45 CDN to fill up our tank. This evening, we had an eighth of a tank left, put almost $75 into the tank...

The Los Angeles Times singlehandedly proved that the liberal media will go to asinine lengths to protect President Joe Biden’s political image even if the economy tumbles into a recession. The Times released a tone-deaf story that reeked of economic illiteracy. The story was headlined: “Yes, a recession looks inevitable. But it may not be that bad. Here’s why.” Times staff writer Don Lee trivialized the 40-year high inflation crisis that could legitimately plunge the nation into recession: “Whether it’s President Biden insisting a recession is avoidable or his critics arguing that the wolf is at the door, both sides...

Germany took emergency measures on June 19, 2022 to secure its energy supply in the face of recent drops in Russian gas deliveries, including a “bitter” use of the most polluting energy, coal. BERLIN—Germany will restart coal-fired power plants and offer incentives for companies to curb natural gas consumption, marking a new step in the economic war between Europe and Russia. Berlin unveiled the measures Sunday after Russia cut gas supplies to Europe last week as it punched back against European sanctions and military support for Ukraine. The steps, part of a broader strategy initiated after the invasion of Ukraine,...

The burn rate for this government (Ukraine...) is somewhere between five and six billion dollars a month and that is a staggering burn rate. USAID was part of president Biden's commitment in disbursing a billion dollars to the world bank trust fund. Thanks to congress and rare bipartisanship in this town we have 7.5 billion dollars more direct budget support that we wish to be providing to Ukraine. That is a lot of money and that is money that we know is not going to be enough. We know that more direct budget support is going to be needed down...

The White House blamed food shortages across the country on Russian President Vladimir Putin on Tuesday, accusing him of “weaponizing food.” “President Putin is, no kidding, weaponizing food,” said White House National Security Council coordinator for strategic communications John Kirby on Tuesday. “Let’s just call it what it is, he’s weaponizing food.”

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...

More than half of Americans in a new poll from The Economist and YouGov believe that the U.S. is currently in a recession. The survey, published on Monday, found that 56 percent of respondents believed that the country is currently going through an economic recession. Twenty-two percent of respondents disagreed with the idea that the U.S is in a recession, while 22 percent of those surveyed said they are not sure if a recession is currently happening. Whether a respondent thought the economy had dipped into a recession largely was dependent on political party. Seventy percent of respondents who identified...

Laurie Meadows 11 June 2022 [ last edited 13 June 2022 2040 UTC] This is a follow up article to the article I wrote on 19th of February 2022, 5 days before the launch of the Russian special military operation in Ukraine. It was called 'Mutually Assured Destruction - the Prelude to Mutually Assured Security'. At the time, I didn't think Russia would move into the Donesk. I wrote: "The current lead that Russia has in missile and defensive systems might persuade the US to agree to verifiable arms control, but this is the work of years. In the meantime,...

President Biden blamed the war in Ukraine for rapidly escalating the price of oil and gas, while speaking to reporters Saturday. A reporter in the press pool following Biden asked the president for his thoughts about the nationwide average price of gas exceeding $5 per gallon. Biden deferred blame to the ongoing invasion of Ukraine. "It's outrageous what the war in Ukraine is causing," Biden began. The president then proceeded to emphasize the government's decision to tap into U.S. oil reserves.

Allies are increasingly divided on further heavy-weapons shipments to KyivCracks are appearing in the Western front against Moscow, with America’s European allies increasingly split over whether to keep shipping more powerful weapons to Ukraine, which some of them fear could prolong the conflict and increase its economic fallout.

Moody's Analytics chief economist Mark Zandi is ready to call it. He tells Fortune that we've officially moved from a housing boom into a "housing correction." The real estate data rolling in for April and May shows that the U.S. housing market is softening. New home sales fell 19% to their lowest level since April 2020. Redfin reports 19% of home listings cut their price over the past month. Inventory is rising fast, while mortgage applications and existing home sales are also falling. This drop-off isn't a result of seasonality, or a soft month or two. Zandi says it's a...

Americans can’t afford to buy a used car or even gas because the Left doesn’t want them to drive. They can’t buy homes because the Left wants to destroy the suburbs and force everyone to live in megacities. They have trouble buying meat because the Left wants them to eat soy.The same is true for the whole exercise in planned economic misery that we’re experiencing.Take Hoover's "A chicken in every pot and a car in every garage" and reverse it. That's the goal. What we’re living through is not an unintentional accident: it’s the American Holodomor.The Left doesn’t want you...

Much as the Western press has been promoting the idea that Ukraine is winning the war against Russia, it’s becoming clear that there will be no clear military conclusion to the conflict, and even the New York Times is beginning to admit that a diplomatic solution is in the offing, and the only real question is how much territory Ukraine will have to cede and how much of the sanctions currently imposed on Russia will have to be removed. Jimmy and his panel of The Dive’s Jackson Hinkle and American comedian Kurt Metzger discuss the prosecution of the war and...

Prices are soaring, there are widespread shortages of certain items such as baby formula all over the nation, and at the same time U.S. economic activity appears to be really slowing down. Considering all of that, it makes perfect sense why the American people are feeling so negative about the economy right now. In fact, a whopping 85 percent of all Americans believe that there will be a recession within the next year. These days, it is virtually impossible to get Americans to overwhelmingly agree about anything, and so the fact that 85 percent of us are anticipating a recession...

As the war in Ukraine rages, Serbia's president announced that he has secured an "extremely favorable" natural gas deal with Russia during a telephone conversation Sunday with Russian President Vladimir Putin. Serbian President Aleksandar Vucic has refused to explicitly condemn Russia's invasion of Ukraine and Serbia has not joined Western sanctions against Moscow. Vucic, a former pro-Russian ultranationalist, claims that he wants to take Serbia into the European Union but has spent recent years cementing ties with Russia, a long-time ally.“The free leader, free people, make decisions that are good for Serbia and do not accept orders” from the West,...

Memorial Day weekend is one where families often travel to meet relatives and friends, or travel to Washington DC to remember those who have died in the service of our country. But traveling has gotten a lot more expensive under Biden. Gasoline prices are up 92.4% under Biden, while food prices are up 60%. Those hamburgers and hot dogs for grilling are being replaced by … pizza? Or maybe plant-based products. Zillow’s Rent Index All Homes YoY was only 0.6234% in February 2021, and has soared to 16.36% YoY under Biden. That is an increase of 14.75x. So, not only...