Free Republic

Nine of the 12 Federal Reserve districts reported a decline in economic activity in August, up five districts from the July Beige Book report. Our system has warned that we are entering a period of stagflation, where inflation remains high but GDP declines. Now, the Fed is reporting that two-thirds of the US economy is experiencing “flat or declining activity.” The US economy advanced 3% during the last quarter, leading many to believe that the economy is recovering since Q2 posted a measly 1.4% advancement. Consumer spending, amounting to 70% of GDP, rose 2.9% last quarter as well, but people...

~The so-called New Hampshire Seacoast, which is actually a New Hampshire Oceancoast, is about as far as you can go from my corner of the state and still be in NH. So I don't get there terribly often. But maybe I'm missing out... (video of whale falling on a boat) Is it a metaphor? Is the whale Trump? And the fishermen the Deep State? Or is the whale the Deep State? And the fishermen Joe and Jill? Or is it just another of Fauci's gain-of-function projects? ~I dissent somewhat from the notion that what befell Joe Biden just five days...

President Joe Biden suggested Tuesday it is false that his administration is restricting consumer choice in the automobile market, but his administration recently finalized a rule that will force electric vehicles (EVs) to make up a much larger share of overall auto sales over the next decade. Biden made the remark during a Tuesday speech about his administration’s decision to significantly bolster tariffs against Chinese products including steel, semiconductor chips and EV batteries. The Environmental Protection Agency (EPA) finalized a rule in March that requires manufacturers to make EVs constitute between 35% and 56% of new cars sold in 2032,...

The Biden regime has cut off ammunition supplies to Israel as they attempt to appease the growing anger among the left of the Democratic Party over America’s support for the war against Hamas. According to a report from Axios, the decision to put a hold on the ammunition shipment caused panic among the Israeli security services and is intended to prevent Prime Minister Benjamin Netanyahu from proceeding with an invasion of Rafah. Axios notes: The Biden administration last week put a hold on a shipment of U.S.-made ammunition to Israel, two Israeli officials told Axios. It is the first time...