Free Republic

Bidenomics is based on massive Federal spending and massive Fed monetary stimulus. But like all stimulus, it wears off. Such is the case with bank lending as The Fed raises interest rates. US bank credit year-over-year (YoY) has stalled to a lowly 0.7% rate as M2 Money growth YoY increases slightly to -4%. White House report signals openness to manipulating sunlight to prevent climate change. Its figures. With the Socialist Federal Reserve manipulating interest rates and Biden/Congress spending like drunken sailors trying to manipuate economic growth, it makes sense that Biden wants to explore Bill Gate’s idiotic idea of blotting...

@DougAMacgregor HERE IS WHAT THE MEDIA WILL NOT TELL YOU.. Ukrainian forces are on the verge of collapse, they are totally demoralized. They've all been killed, it's OVER.

President Joe Biden will head to Europe at week’s end for a three-country trip intended to bolster the international coalition against Russian aggression as the war in Ukraine extends well into its second year. The main focus of Biden’s five-day visit will be the annual NATO summit, held this year in Vilnius, Lithuania. Also planned are stops in Helsinki, Finland, to commemorate the Nordic country’s entrance into the 31-nation military alliance in April, and Britain, the White House announced Sunday. The NATO meeting comes at the latest critical point in the war. Ukraine’s president, Volodymyr Zelenskyy, says counteroffensive and defensive...

Apressure campaign to get communist China energy executives to pay money. Classified memos improperly stored in an insecure garage, An FBI informant’s allegation of bribery in Ukraine. A false claim of Russian disinformation to sway an election. The swell of scandalous evidence engulfing Joe Biden’s family right now is raising a tantalizing question: if he weren’t president could he still get a security clearance if he applied for a job at the CIA or FBI? The answer, some experts say, is an unequivocal “no.” “I put it this way,” former CIA analyst and National Security Council chief of staff Fred...

Hunter Biden picked up his phone to snap a picture while driving at an incredible 172mph on a highway outside Las Vegas, DailyMail.com can reveal. He was racing his Porsche 911 to Sin City on August 1, 2018 for an encounter with multiple prostitutes when he took a snap of his dashboard showing how fast he was speeding. The picture was found on the First Son's abandoned laptop. Texts also on the computer, which he left at a Delaware repair shop, show him coordinating with multiple prostitutes and inviting them all to soak in his hotel hot tub. 'I don't...

Some student loan borrowers encouraged others to default on their loans "en masse" following the decision by the U.S. Supreme Court to cancel President Joe Biden's student loan debt forgiveness plan, but one expert told Newsweek why that may not be a good idea. "Okay, thing I can actually talk about: Mass default on student loan debt would be a really effective message and f*** you to this country from the folks most impacted by our constant slide backwards. Just don't pay it. Hit the bricks. En masse," Twitter user Derek Van Dyke wrote. On Friday, the Supreme Court reached...

The lead prosecutor in the Hunter Biden criminal tax case is refusing for now to cooperate with a congressional investigation into IRS whistleblower allegations that the Justice Department substantially interfered with the investigation to spare the president’s son more severe punishment. “I am not at liberty to provide the materials you seek,” Delaware U.S. Attorney David Weiss wrote House Judiciary Committee Chairman Jim Jordan on Friday in a letter obtained by Just the News. “The whistleblowers’ allegations relate to a criminal investigation that is now being prosecuted in the United States District Court for the District of Delaware,” Weiss added....

The White House has opened the door to an audacious plan to block sunlight from hitting the surface of the Earth in a bid to halt global warming. Despite some scientists warning the effort could have untold side effects from altering the chemical makeup of the atmosphere, President Joe Biden's administration have admitted they're open to the idea, which has never been attempted before. In a report released Friday by the White House, officials suggested limiting sunlight to rapidly cool the planet, a process known as solar radiation modification (SRM). The administration added a note of skepticism to the report...

Democrats are being exposed for their connections to the Chinese Communist Party, as a post from June 25 shows, calling Democrat John Kerry out for his massive investments in Chinese energy, which sounds a whole lot like what we hear about the Biden Crime Family lately and what we know about the families of the Clintons and the Peosi’s. But it is not just Democrats who betrayed the American people in these ways by giving access to foreign groups. And the money was not just being made on energy. “The flow of capital and profit was going towards weapons and...

Yes, Resident Biden, our bumbling, corrupt “leader” said “We created more new jobs in two years than any president did in their entire term.” Of course, like almost everything that comes out of Biden’s mouth was a lie. Actually, the US economy added 12.53 million jobs after April 2020 (Trump) while Bidenomics created took 2 1/2 years to add 12.56 million jobs. So, Biden took over twice as long to create jobs after Covid than it did under Trump. Simply opening the economy and schools produced that magical claim by Biden. Then we have 25 consecutive months of negative REAL...

South Africa has been heading towards a collapse for some time now. The process began in the 90s and ran through the early 2000s when there was a mass exodus of white people due to escalating violence, racism, and limited employment opportunities. Johannesburg, the country’s capital city, is a prime example of South Africa’s decline. This once vibrant city, built on a foundation of wealth, has transformed into a bleak wasteland reminiscent of the novel “Lord of the Flies,” overrun by chaos, violence, and despair. How did Johannesburg, once a shining oasis, deteriorate into a crumbling hellscape within a relatively...

University of Chicago professor Casey Mulligan recently compared regulatory records from the Obama Administration to now. Mulligan found that Biden has imposed the most costly regulations in recent history at a rate of $617 billion annually. Her research concluded that the average American household now pays $9,600 more under Biden. This uptick in spending found in this study is solely due to regulation. If we were to factor in inflation, which Biden poured gasoline on (no pun intended), the figure would be even higher. The Build Back Better agenda comes at a cost to the people. Auto fuel and emissions...

Renewable energy is the alternative that Democrats and other environmental nuts want to replace reliable oil, gas and coal. But time and time again, people who rely on wind and solar power have had to learn the tough lesson that such alternatives are both undependable and susceptible to the same elements they are supposed to harness. Nowhere was that more true than in Nebraska, where a thunderstorm dumped baseball-sized hail on a solar farm on Friday at a speed of 150 mph — destroying the facility in just a few minutes. Cowboy State Daily reported a storm moved east out...

The stories are everywhere: Walmart store closures in Portland and Chicago; an epidemic of drug store thefts in New York. In Baltimore, a “landmark” grocery store shuts its doors after nearly 25 years in a community desperate for fresh food. While in San Francisco, reports of big-box chains abandoning its downtown have become near-daily occurrences. The cause: rampant, often organized, and seemingly consequenceless shoplifting. Indeed, the US is deep in what many are calling an epidemic of thefts that cost retailers nearly $100 billion in 2021. And this epidemic is impacting both the bottom lines and operational strategies of massive...

Located just about halfway between Los Angeles and Phoenix, Desert Center, California, was once bustling with business. In the ’20s, the local Desert Center Cafe was open 24-7 with customers filtering in and out as they made their way back and forth between the two iconic cities. According to The Desert Sun in Palm Springs, the cafe’s motto was “We lost our keys, we can’t close!” Today, the Desert Center Cafe — along with the rest of the buildings on the dingy Desert Center main street — is abandoned and dilapidated. Other than the small ghost town at its center,...

Shortly after the Supreme Court declared affirmative action college admission policies unconstitutional, President Joe Biden said his administration would direct the Department of Education to scrutinize how "practices like legacy admissions … expand privilege instead of opportunity." The department could start by examining how politically connected families like the Bidens get their children into Ivy League schools. In 2018, Hunter Biden tapped his father and a number of Biden family connections to help get his daughter into the University of Pennsylvania. Text messages and emails from Hunter Biden's laptop, reviewed by the Washington Free Beacon, show how Joe and Hunter...

resident Joe Biden on Friday charged the Supreme Court with misinterpreting the U.S. Constitution when it struck down his $400 billion student loan forgiveness program and accused Republicans of snatching away people's hope with their hypocrisy on the issue. In remarks at the White House, Biden said he was 'angry' about the decision but outlined several executive actions he was taking to help make it easier for borrowers to pay off their debts. He said his new plans would save borrowers $1,000 a year, cap monthly payments at 5 percent of discretionary income a month, and forgive loan balances after...

Just hours after the Supreme Court struck down the president's student loan forgiveness plan, the White House came back on Friday with several avenues to support borrowers. The Biden administration is seeking to provide debt relief under the Higher Education Act of 1965 and has initiated that regulatory process… The Education Secretary on Friday initiated a rule-making process in an effort to open "an alternative path to debt relief for as many working and middle-class borrowers as possible" under the authority provided by the Higher Education Act, according to a White House factsheet. The Education Department on Friday issued a...

WASHINGTON, D.C. — Leftists are devastated this morning after the Supreme Court passed down a new ruling that will ban robbing those who didn't attend college to pay for the expensive and useless degrees of those who did. "If the useless poor can't pay for my $300,000 Diversity and Belonging Doctorate degree, what good are they?" said Dr. Mikayla Barnes, a local Starbucks shift manager. "What am I supposed to do now? Work more? I'm ruined!" Sources say this tragic ruling will adversely affect the lives of thousands of feminists who will no longer be able to afford blue hair...

A former business associate of Hunter Biden reportedly offered to testify in front of a Delaware grand jury, but never received an invitation. Tony Bobulinski, who worked with Biden on a 2017 deal with the Chinese energy company CEFC, sent an offer to testify to the U.S. attorney in Delaware David Weiss but never received a response, according to CBS News. Bobulinski has asserted publicly that Biden engaged in influence peddling with his father, the sitting president of the United States, to score hefty payouts from foreign agents. “I’ve heard Joe Biden say that he’s never discussed business with Hunter....