Free Republic

Hundreds of employees at Wyoming’s largest ski resort had finagled a way to park for free (regular rates $35 - $45 per day) until a popular Jackson cartoonist accidentally exposed the hack. Now the free ride is over and so too, perhaps, the love affair with the artist. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Parking lots at Teton Village fill up fast even at $35-$45 dollars a day. Because Jackson Hole Mountain Resort workers are required to pay for parking, they've been exploiting a hack to park free — until a local cartoonist outed the hack. (Seejh.com) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ A popular content creator in Jackson touched...

"According to Cowboy State Daily, a Wyoming-based news organization, Wyoming’s Teton County and the town of Jackson purchased eight electric buses, all of which have broken down and will no longer run."

The Thrill Is Gone … from Bidenomics. July durable goods [blue] new orders plummet, recording the worst month since C19 in April 2020. Durable goods fell on a MoM basis by -5.2%, versus -4% consensus estimate. Durable goods ex-transportation [orange] still rose on a MoM basis by +0.5%, perhaps highlighting the weakness in durable goods orders. Ex-transportation, durable goods order rose slighlty in July by 0.5%. But according to The Fed of St Louis, durable goods new orders were down -15.525% from June to July (MoM) while M2 Money printing growth rose 12.7% MoM. The KC Fed’s symosium in Jackson...

The chance of an economic "soft landing" has faded, and the Fed is pushing for a "growth recession." The phrase describes a period of below-average growth, rising unemployment, and slowing inflation. The Fed chair said that while it'd "bring some pain," letting inflation stay high would be worse. In an ideal world, the Federal Reserve has already vanquished pandemic-era inflation while keeping unemployment at historic lows and avoiding a recession. Hopes for such an outcome are all but entirely dashed, and the Fed has switched to plan B. The central bank's message at its annual conference in Jackson Hole, Wyoming,...

Federal Reserve Chairman Jerome Powell delivered a stern commitment Friday to halting inflation, warning that he expects the central bank to continue raising interest rates in a way that will cause “some pain” to the U.S. economy. In his much-anticipated annual policy speech at Jackson Hole, Wyoming, Powell affirmed that the Fed will “use our tools forcefully” to attack inflation that is still running near its highest level in more than 40 years. Even with a series of four consecutive interest rate increases totaling 2.25 percentage points, Powell said this is “no place to stop or pause” even though benchmark...

Stocks fell sharply Friday after Federal Reserve Chair Jerome Powell said he will continue to raise rates to fight inflation in his Jackson Hole speech. The Dow Jones Industrial Average dropped 407 points, or 1.22%. The S&P 500 fell 1.5% and the Nasdaq Composite slid 1.84%. Those moves come after a hawkish speech out of the Fed chair as Wall Street sought information on the pace of future interest rate hikes. "Restoring price stability will likely require maintaining a restrictive policy stance for some time. The historical record cautions strongly against prematurely loosening policy," Powell said. "It was fine. It...

Morgan Ortagus @MorganOrtagus · Follow Bucket list #selfie Thank you @elonmusk ❤️ Elon Musk, the billionaire CEO of Tesla and SpaceX, attended a fundraiser retreat in Wyoming that was hosted by Republican House Leader Kevin McCarthy, Fox News has learned. The event was held at a resort in Teton Village, near Jackson Hole, Wyoming, and happened on the same day Wyoming Rep. Liz Cheney lost a primary election to Trump-backed Republican nominee Harriet Hageman. A source told Fox News that McCarthy and Musk led a fireside chat with supporters, House members and Republican candidates. The event was closed to the...

The intense coverage of the Gabby Petito case has helped bring apparent closure to the family of a Texas man who went missing in Wyoming, where the Long Island native’s body was found, according to a report. The last trace from Robert Lowery, 46, a father of two from Houston, was reportedly a ping from his cellphone in Jackson on Aug. 23. Lowery was seen on video from Aug. 19 at a restaurant at Jackson Hole Mountain Resort in Teton Village. He was last spotted the following day in Bridger-Teton National Forest, where Petito’s body was found Sept. 19, CNN...

The KC Fed Jackson Hole conference is a US policy makers’ Davos, an uber-elite US location. You would think that the KC Fed would hold their conference in Kansas City or Omaha, Nebraska as a show of support for the working men and women. But nooooo. They have to hold it where Liz Cheney (GOPe, WYO) lives. And other elites have expensive vacation homes. (Bloomberg) — When U.S. Federal Reserve officials head to their annual mountain retreat next week to talk economic inequality, they’ll be sitting in the country’s wealthiest county. Jackson Hole, a rural community near the majestic Grand...

Federal Reserve Chairman Jerome Powell admitted last week at the “virtual” Jackson Hole symposium that the Fed has undershot its 2% annual inflation target consistently for the last several years. The Fed is tacitly admitting that its deflationary monetary policy has restrained growth and held down wages. Now the Fed is promising to aim higher in order to get more dollar liquidity into the economy.

Fed Chairman Jerome Powell will speak Thursday during a virtual version of the Fed’s annual Jackson Hole, Wyoming, conference. He is expected to outline what could be the central bank’s most active efforts ever to spur inflation back to a healthy level. “Average inflation” targeting means the Fed will allow inflation to run higher than normal for a period of time. The effort will be the reverse of former Fed Chairman Paul Volcker’s rate hikes instituted to quash inflation in the 1980s. History will remember Paul Volcker and Jerome Powell as standing on the opposite ends of the inflation canyon,...

Despite a tense recent phone call with President Trump — first reported by the New York Times — the most important mega-donor in the Republican Party, Sheldon Adelson, has signaled he is poised to spend big to support the president. Behind the scenes: Last Monday morning a group of top Republican Party donors gathered at the Four Seasons resort in Jackson Hole, Wyo., for a Trump campaign fundraiser. The donors gathered in a hotel ballroom, set up like a Silicon Valley retreat, with a yogurt parfait station, according to sources in the room. A select few of the party's biggest...

A few months ago, residents of the valley of Jackson Hole, Wyoming, worried the summer tourism season might be a dud. Now 40,000 visitors a day stream through Jackson, a town in the valley and a gateway to neighboring Grand Teton and Yellowstone national parks. While that visitor count isn’t too different from previous years, July saw a string of days where the number of visitors was up over 2019 levels, according to the Jackson Hole News & Guide—a far cry from earlier this year. Closed from March 24 to May 18, the parks are now seeing hundreds of thousands...

There’s a reason for that: The owner kept everyone who was willing to work on the payroll through the entire two-month shutdown. The second-generation chairman of Tennessee’s Holston Gases, Bill Baxter isn’t short on capital. He bought the bar just three years ago — four years after buying the well-known hotel and Silver Dollar Bar up the road. “They paid for us to get additional training so I got a certification for environmental awareness in response to FEMA online incident management,” Bennett Gocke, the man in charge of safety and security for patrons and staff, tells me. “And then on...

AUSTIN, TX -- Republican Texas Gov. Greg Abbott has been released after four nights in the hospital for treatment of severe burns he suffered while vacationing last week. Spokesman Matt Hirsch said Abbott left San Antonio's Brooke Army Medical Center on Friday and is returning to the governor's mansion in Austin. Abbott, a paraplegic who uses a wheelchair, sustained extensive second- and third-degree burns on his lower legs and feet after being scalded July 7 while in Jackson Hole, Wyoming. His office won't say exactly how he was burned.

Is Ted Cruz too mean to be president? Being nice is, for better or worse, not a qualification for the presidency. “Nice” is not a term one often heard associated with Lyndon Johnson or Richard Nixon, both — in their ways, and with obvious limits — highly effective presidents. But I don’t remember reading quotes about either Nixon or Johnson from those close to them describing them as unqualified for the presidency on account of being just too mean, too arrogant and too self-centered. After all, most nice people are not nearly so in love with the sound of their...

Jackson Hole High principal Scott Crisp blamed the results of a student survey and his concerns that some students may feel excluded if they see an American flag for the administration’s decision to cancel “America Pride Day.”

Explanation: Heading north, Comet Lovejoy (C/2014 Q2) is putting on its best show for comet watchers now, with moonlight absent from mid-January's early evening skies. An easy binocular target and just visible to the unaided eye from dark sites, the comet sweeps across the constellation Taurus the Bull in this deep night skyscape. The starry scene was captured just two days ago on January 12, from Jackson Hole, Wyoming, planet Earth. In fact, the head of Taurus formed by the V-shaped Hyades star cluster points toward Lovejoy at the right. The comet's greenish coma and tail streaming in the anti-sunward...

The debate over Germany’s insistence on eurozone austerity has flared anew as an ailing France continues to demand economic stimulus. The European Central Bank may now be siding with Paris, leaving Merkel looking increasingly alone. […] Berlin is particularly alarmed by the stance taken by ECB head Mario Draghi. At the annual conference of top central bankers from around the world at Jackson Hole, Wyoming in August, Draghi surprised those present by saying “there is leeway to achieve a more growth-friendly composition of fiscal policies.” It was a comment that came close to the kind of debt-fueled growth stimulus measures...

JACKSON, Wyo. -- What's happening in this Wyoming resort town might be better described as a land creep than a landslide, but the lack of speed has not hindered the sheer power of the moving earth. Over the past two weeks, a piece of East Gros Ventre Butte has slowly collapsed toward the west side of Jackson — shearing one hillside home in half, threatening to devour several others and looming ever more ominously over a cluster of businesses below. :snip: By Saturday morning, the shifting earth had caused bulges in a road and a parking lot at the foot...