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Keyword: federal

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  • Jerome Powell plans to cut interest rates despite persistent inflation — and the American people could lose big

    02/18/2024 10:31:31 AM PST · by tlozo · 38 replies
    The New York Post ^ | Feb 17, 2024 | Charles Gasparino
    Federal Reserve chairman Jerome Powell is not known for his resolve. It’s the main reason why the new and emerging consensus among Wall Street Fed watchers is that he will cut interest rates at least twice this year despite signs of persistent inflation, the Post has learned. If the CEOs and top executives who follow the Fed can be believed — and these folks have sources inside the central bank’s building in DC — Powell is already brushing off last week’s high inflation reads as a likely anomaly. His first rate cut since he started to raise them in March...
  • Two JetBlue planes collide on tarmac of Boston Logan Airport - causing damage to Orlando-bound jet's tail section and left wing of aircraft heading to Las Vegas

    02/08/2024 10:58:50 AM PST · by george76 · 73 replies
    DAILY MAIL ^ | 8 February 2024 | CLAUDIA AORAHA
    The jets collided on the tarmac while passengers were inside both aircraft.. One was headed to Las Vegas, while the other was on its way to Orlando.. The FAA confirmed that the collision occurred at 6.40am at the Boston airport ... Two JetBlue airplanes collided on the tarmac at Boston's Logan Airport on Thursday. The jets collided while a fleet full of passengers were inside both aircraft. One plane was left with damage to its wing, while the other aircraft’s tail section was wrecked. Debris was scattered on the runway and both jets were taken out of service. The incident...
  • The War on ‘Woke Capital’ Is Backfiring

    02/03/2024 12:55:57 PM PST · by DallasBiff · 40 replies
    The Atlantic ^ | 1/31/24 | James Surowiecki
    One of the stranger political crusades of the past few years has been the Republican war on so-called woke capital, which has led GOP politicians across the country to adopt a kind of anti-corporate, pro-regulatory rhetoric that one normally associates with the left wing of the Democratic Party. And among the GOP’s favorite targets in this war has been ESG investing—investment funds that take “environmental, social, and governance” considerations into account. For Republicans, ESG funds are a Trojan horse, designed to smuggle progressive attitudes toward climate change, and diversity and inclusion, into executive suites and corporate boardrooms, all under the...
  • QAnon believer accused of beheading federal worker dad smirks in new mugshot as it’s revealed he waged legal war with government over student loans

    01/31/2024 9:36:28 AM PST · by ChicagoConservative27 · 92 replies
    NY Post ^ | 01/31/2024 | Isabel Keane
    The QAnon believer who allegedly decapitated his dad, showing off the federal employee’s severed head in an online video, had earlier waged an unhinged legal battle against the government over his student loans — claiming he should have been warned he still wouldn’t be able to get a job because he was an “overeducated white man.” Justin Mohn, 33, was taken into custody Tuesday night on suspicion of first-degree murder, abuse of a corpse and possessing an instrument of crime with intent in the killing of his 68-year-old father, Michael Mohn. The arrest came after he allegedly held up his...
  • US Company Forced To Lay Off Hundreds After Regulators Signal Plans To Block Merger

    01/30/2024 6:19:49 AM PST · by Red Badger · 51 replies
    Daily Caller ^ | January 29, 2024 4:33 PM ET | Jason Cohen, Daily Caller News Foundation
    Technology company iRobot is undergoing major layoffs after the Federal Trade Commission (FTC) and European regulators opposed its acquisition by Amazon on Monday, multiple outlets reported. Amazon had planned to acquire iRobot, which is most known for making robot vacuums, but the deal could not go through because of regulatory hurdles, according to a press release announcing the termination. iRobot immediately disclosed impending layoffs affecting about 350 employees, constituting 31% of its total workforce, after the termination announcement. The companies primarily attributed the dissolution of the deal to the European Union (EU), stating in the press release that “Amazon’s proposed...
  • Today's Supreme Court Argument Hints That It Will Drive a Stake Through the Heart of Federal Rulemaking

    01/17/2024 9:01:38 PM PST · by SeekAndFind · 44 replies
    Red State ^ | 01/17/2024 | Streiff
    The Supreme Court heard arguments Wednesday in two related cases challenging a 40-year-old precedent that requires courts to defer to the judgment of federal agencies in administrative law cases. At the end of three-and-a-half hours of arguments, a majority seemed disposed to overturn Chevron vs. Natural Resources Defense Council, and consign the so-called "Chevron deference" principle to the compost heap of terrible Supreme Court precedents.Ever since the creation of the administrative state during the administration of our first socialist president, Franklin D. Roosevelt, federal agencies have assumed the authority to interpret federal statutes pretty much as they please. This became...
  • The Uses and Abuses of Federal Land

    12/28/2023 6:56:53 AM PST · by george76 · 16 replies
    American Conservative ^ | Dec 13, 2023 | William Perry Pendley
    The Biden administration has continued the modern Democrat tradition of perverse federal land use policy. It comes as a surprise to most Americans that the federal government owns nearly one-third of the nation’s land mass, in excess of 640 million acres. (It also owns 1.7 billion acres of the Outer Continental Shelf (OCS), but that is another story.) Most know of the National Park Service in the Department of the Interior and its 80 million acres of parks, preserves, reserves, monuments, memorials, historic sites, battlefields, and recreation areas, in every state. Many Americans may be familiar with the 141 national...
  • Chicago Mayor Johnson: Migrant Influx ‘Not Sustainable’ Without ‘Significant Federal Support’

    12/27/2023 1:01:59 PM PST · by ChicagoConservative27 · 61 replies
    Breitbart ^ | 12/27/2023 | Pam Key
    Chicago Mayor Brandon Johnson (D) said Wednesday “CNN This Morning” that the current migrant influx into his city was “not sustainable” without “significant federal support.” Johnson said, “Since taking office a little bit over seven months ago, my administration has responded to this humanitarian mission with the full force of government. We have roughly 15,000 people living in shelters, temporary shelters here in Chicago, nearly 27 shelters. A total of 4500 children are in our Chicago public schools system, providing health care and also making sure that we are screening individuals as they come through the city of Chicago, providing,...
  • Biden signs order finalizing 5.2% pay raise for feds in 2024...The measure confirms that the federal workforce will see its largest pay increase in more than 40 years.

    12/27/2023 6:13:18 AM PST · by Red Badger · 38 replies
    Government Executive Magazine ^ | DECEMBER 21, 2023 | Erich Wagner
    President Biden on Thursday issued an executive order implementing his plan to provide civilian federal workers with an average 5.2% pay raise next month. As first proposed in his fiscal 2024 budget plan last March, the increase amounts to a 4.7% across-the-board boost to basic pay, alongside an average 0.5% increase in locality pay. As authorized in the fiscal 2024 National Defense Authorization Act, which Biden is expected to sign this week, military service personnel also will see an average 5.2% pay raise next year. An average 5.2% pay increase marks the largest authorized for federal workers since the Carter...
  • Biden admin quietly developing settlement with groups seeking to tear down key power source

    12/10/2023 9:19:33 PM PST · by george76 · 101 replies
    Fox News ^ | November 22, 2023 | Thomas Catenacci
    'Congress alone has the authority' to breach federal dams, lawmakers write in letter to White House.. The Biden administration is quietly discussing a potentially far-reaching settlement with environmental groups that advocate for tearing down four hydroelectric dams in Washington... ... In the filings, jointly submitted by the federal government and eco groups... However, the filing failed to detail exactly what conditions were included in the secretive package .... We find it necessary to remind you Congress alone has the authority not only to order the breach of the Lower Snake River Dams, but also exclusive authority to direct the study...

    12/08/2023 5:18:41 AM PST · by Red Badger · 17 replies ^ | December 8, 2023 | Staff
    On Thursday, New Mexico Attorney General Raúl Torrez launched a major legal offensive in an attempt to address the online risks faced by minors. The lawsuit targeted Meta Platforms, Inc., its CEO Mark Zuckerberg, and associated entities such as Instagram, LLC and Facebook Holdings, LLC. This bold action seeks to prevent the exploitation of children on social media platforms. “Our investigation into Meta’s social media platforms demonstrates that they are not safe spaces for children but rather prime locations for predators to trade child pornography and solicit minors for sex,” Attorney General Torrez said in a statement. “As a career...
  • Judge Strikes Down Federal Ban on Handgun Sales for 18 to 20-Year-Olds

    12/01/2023 10:45:00 PM PST · by Reno89519 · 18 replies
    Breitbart ^ | December 1, 2023 | AWR Hawkins
    On Friday, Judge Thomas S. Kleeh issued a decision striking down the federal prohibition against 18 to 20-year-olds purchasing handguns. The plaintiffs in the case are Steven Robert Brown, Benjamin Weekley, the Second Amendment Foundation, and the West Virginia Citizens Defense League. Judge Kleeh, a Donald Trump appointee, is Chief Judge of the United States District Court for the Northern District of West Virginia. Kleeh put the case in context: This case requires the Court to assess the protected right of the people under the Second Amendment to the Constitution to keep and bear arms. U.S. Const. amend. II. Plaintiffs...
  • The Federal Government Is an Ever-Growing, Out-of-Control Monster

    11/12/2023 8:10:28 AM PST · by Bonemaker · 31 replies ^ | 11/12/2023 | Jeff Davidson
    Unimaginably, a staggering 500 federal agencies currently operate with almost no oversight. They procure items that our nation cannot afford, launch studies that are marginal at best, and manipulate the government in ways that the Founding Fathers could not have foreseen. These government agencies, headed by self-regarded elites, hire contractors in ever-burgeoning numbers. Since Biden took office, federal contracts that fall outside the regulations have made quantum leaps. Biden and company cannot issue them fast enough. Government Accountability Office (GAO) data shows that even before the useless expenditures to contain COVID-19, the Federal Government spent $665 billion on contracts, a...
  • The Amount of Federal and State Assistance Programs Masks the True Severity of the Current Crisis

    11/07/2023 3:20:06 PM PST · by davikkm · 21 replies
    There are actually more unemployed people of working age as a percentage now than the height of The Great Depression. While the '70s stagflation was bad, the country still had a vibrant middle class and the process of gutting our infrastructure was just getting started. Main Street was still alive in the 1970s and The Great Financialization of the 1980s and 90s that created record wealth inequality hadn't begun. People talk like interest rates were 20% for the entire decade. It wasn't until 1979 that interest rates climbed that high, and only stayed there for two years. The massive interest...
  • Court baffled by Whitmer kidnapping plotters' transfer to federal prisons

    10/31/2023 4:28:16 PM PDT · by Libloather · 14 replies
    Fox News ^ | 10/30/23 | AP
    A judge wants to know why two men convicted of secondary roles in a plot to kidnap Michigan Gov. Gretchen Whitmer have been transferred to federal prisons out of state. Paul Bellar and Joe Morrison are entitled to appeal their convictions following a trial on state charges in Jackson County in 2022. But their lawyers said it’s extremely hard to work with them hundreds of miles away. They said the distance interferes with a right to have access to Michigan courts. The transfer is "mind-boggling" and "appalling," said Michael Faraone, who represents Morrison. "Whatever we may say about this case,...
  • Federal Audit: Gov’t Office Buildings 80% Vacant

    10/29/2023 1:07:47 PM PDT · by MinorityRepublican · 105 replies
    The GAO found that federal offices have challenges like the private sector. In comparing building capacity to employees, none used over 50% and some used only 9%. WASHINGTON – The Agriculture Department is headquartered at the gateway between Washington and Virginia in a building rich with history – but on any given day, roughly 90% of it sits empty. That’s not an anomaly. The Government Accountability Office (GAO) surveyed two dozen federal agencies and found they averaged a roughly 80% vacancy rate during the study period earlier this year. Not a single agency topped 50% use, GAO reported.
  • Watch Live: Pro-Palestinian Protesters Occupy Federal Office Building in D.C.

    10/18/2023 2:48:03 PM PDT · by ChicagoConservative27 · 4 replies
    Breitbart ^ | 10/18/2023 | BREITBART NEWS
    Pro-Palestinian protesters are occupying the Cannon House Office Building in Washington, DC, calling for a ceasefire by Israel on Wednesday.
  • $296,524,000,000 Added To US Debt in One Month As JPMorgan Chase Issues Economic Alert

    09/16/2023 9:02:22 PM PDT · by lasereye · 52 replies
    The Daily Hodl ^ | September 15, 2023 | Henry Kanapi
    A seemingly unrelenting wave of debt is piling onto America’s balance sheet. New data from the U.S. Treasury Department show the federal debt increased by over $296.524 billion from August 8th to September 8th, reaching a total of $32.940 trillion. The new numbers come as JPMorgan Chase CEO Jamie Dimon issues a warning on America’s fiscal trajectory. At a conference hosted by Barclays, Dimon told reporters that America’s rapid rate of spending is bound to have a significant impact on households. “I just think people make a mistake to look at real-time numbers and not look at the future. And...
  • Trump says he 'may' seek to remove Georgia RICO case to federal court

    09/07/2023 1:35:33 PM PDT · by thegagline · 4 replies
    The Washington Examiner ^ | 09/07/2023 | Kaelan Deese
    Former President Donald Trump on Thursday told the judge overseeing the Fulton County, Georgia, election subversion case that he “may” try to move his state case to federal court. Attorneys for Trump had previously indicated an interest in trying to remove the case from state to federal court, which could help him fight the 13 charges he faces by invoking immunity protections for federal officials and produce a more favorable jury pool. “President Trump hereby notifies the Court that he may seek removal of his prosecution to federal court,” his lawyer Steven Sadow wrote in a court filing. “To be...
  • Proposed J.D. Vance Bill Will Ban Federal Mask Mandates

    09/06/2023 6:51:44 AM PDT · by ChicagoConservative27 · 14 replies
    Breitbart ^ | 09/06/2023 | Simon Kent
    Sen. J.D. Vance (R-OH) said Tuesday he will introduce legislation dubbed the “Freedom to Breathe Act” which will effectively ban federal mask mandates. The act would prohibit President Joe Biden and federal agencies from implementing face mask requirements requiring submission from public transit passengers or students in schools. “The bill, if passed into law, would prevent the reimposition of federal mask mandates in the United States — particularly in public schools and on airplanes and public transportation systems. It would only apply through the end of 2024.