The Bureau of Labor and Statistics has released the May inflation report [DATA HERE] showing a 1.0% increase in the month of May, bringing the rate of inflation to 8.6 percent. The highest rate of inflation in over 40 years.
This month of inflation data is particularly important because it cycles through the May 2021 calendar comparison from last year when the first wave of massive inflation first triggered. The current year-over-year 8.6% rate of inflation now lands atop twelve months of massive increases in prices.
The data clearly shows how energy costs are the dominant factor hitting every aspect of consumer purchasing. Gasoline increased 4.1% for the month, 48.7% year-over-year. Fuel Oil increased 16.9% in May, 106.7% year over year.
The energy sector is crushing the ability of consumers to spend on anything else. Real wages declined in May 0.6% as paychecks are being eaten up by massive inflation. On an annual basis wages have declined by 4% year-over-year [BLS DATA].
Unfortunately, there is no forward optimism for any change in energy policy from the Joe Biden White House, that means energy costs will continue skyrocketing as the ideologues in control of the administration push their climate change Green New Deal policies.
Additionally, we still have the third wave of massive food price increases to look forward to later in the summer as the big increases in field costs start to reach the supermarket. Those food store increases will average around 20 to 30% more than current.
Table-2 gives you a great breakdown of the price increases in specific sectors within each of the larger categories. [SEE HERE] Eggs increased 5% in May, that’s a 60% annualized rate of inflation for eggs, which are already 32% more than last year. Chicken is exceeding 30% inflation and growing.
A CNBC media report is below, as Wall Street laments the Fed response. However, the Fed cannot do anything to stop this inflation because what’s needed is a total reversal of U.S. energy policy.
[CNBC] – ““It’s hard to look at May’s inflation data and not be disappointed,” said Morning Consult’s chief economist, John Leer. “We’re just not yet seeing any signs that we’re in the clear.”
Some of the biggest increases came in airfares (up 12.6% on the month), used cars and trucks (1.8%), and dairy products (2.9%). The vehicle costs had been considered a bellwether of the inflation surge and had been falling for the past three months, so the increase is a potentially ominous sign, as used vehicle prices are now up 16.1% over the past year. New vehicle prices rose 1% in May.
Friday’s numbers dented hopes that inflation may have peaked and adds to fears that the U.S. economy is nearing a recession.
The inflation report comes with the Federal Reserve in the early stages of a rate-hiking campaign to slow growth and bring down prices. May’s report likely solidifies the likelihood of multiple 50 basis point interest rate increases ahead.
“Obviously, nothing is good in this report,” said Julian Brigden, president of MI2 Partners, a global macroeconomic research firm. “There is nothing in there that’s going to give the Fed any cheer. … I struggle to see how the Fed can back off.”
With 75 basis points of interest rate rises already under its belt, markets widely expect the Fed to continue tightening policy through the year and possibly into 2023. The central bank’s benchmark short-term borrowing rate is currently anchored around 0.75% -1% and is expected to rise to 2.75%-3% by the end of the year, according to CME Group estimates. (read more)
We are in an abusive relationship with government…
But, but, but PUTIN!
Have you seen the price of dog food lately?
I feed my dog a boiled portion of the meat I eat for dinner.
We use Farmer’s Dog, but also add to it.
Our lab loves a little watermelon or cantaloupe.
Our lab mix dog was terribly sick at Christmas and we took her to a fancy animal hospital. The vet diagnosed her with “dietary indiscretion” (drinking contaminated water with deer droppings) and gave the appropriate antibiotics etc., and recommended we give her small curd cottage cheese. We did and she so loves it.
It’s now a mainstay of her diet. I had always thought you could not give dairy to dogs but oh well.
Although a dog owner my entire life, I have been without a dog for the last 4 years after our beloved pound pup of 14 years went to dog Heaven. Because of my current situation I have decided to hold off on adopting any animals.
That said, our vet was amused when he asked what we fed our dog and I said “Mostly sandwiches, but he likes leftovers too!” My dog was always so disappointed when we offered kibble, no matter how ‘good’ the brand. I know there is plenty of advice on what to feed your animals, but I am a fan of doing what works for you.
That’s gross. I just give ‘em what I don’t eat.
yes, it’s why I have nearly 100 lbs stored up on my garage. I figure if food shortages occur first cutback they will do is manufacturing dog food…stock up
Cat food is up 50% in the last year.
Is there any Republican voice out there who will rinse out his underwear, go before a camera and describe the truth for all to see?
That while your cost of basic existence climbs and climbs, and your life becomes more and more difficult economically, the party in control of your government is consumed with J6 minutiae, and is obsessed with limiting your freedoms.
Amazing how quiet the Republicans are. Beside costs of basic necessities rising, people’s 401’s are getting clobbered. Middle class to low income are now paying for things on credit because they have no money left. People on Social Security are barely getting by. Remember, the goal of all Communist regimes is to destroy the middle class. Wait until the massive layoffs start because nobody is buying anything that is non- essential. We might be heading into a depression if this continues.
people’s 401’s are getting clobbered
Dow down 2.7 % today
Good analysis. The globalist’s (WEF) objective is to destroy America’s middle class. If there’s still 200 or 300 million Americans struggling to survive, it absolutely lessons resistance to their one world government agenda. We can’t vote our way out of this evil disaster if we’re relying on RINOs to fix the very things they’re part of. The Demented Fraud’s puppet masters can put all the marketing phrases on what they’re doing (Build Back Better, Green New Deal) it’s all bull shit to shade their destruction of America plans. Sorry to
say, the only way out of this is an armed resistance which is why they’re one hundred percent about disarming the population. Their next phase is going after Christians any way they can. Understanding that beneath all of their agenda is evil, a war on Christians will be front and center next
Armed resistance is not the only way out of this. They voted to recall Chesa Boudin in SF and that is a lefty stronghold. When things get bad enough, and it will, those who don’t normally vote and some democrats will overwhelm any attempts to cheat or disenfranchise anyone.
Even the media might get on board when the SHTF for even them.
Armed resistance is feared by the left which is why it works feverishly to do away with our 2nd Amendment rights, make criminals out of law abiding citizens and attempt to outright outlaw our firearms and try to confiscate them.
It is not going to end well nor is it expected to.
Although some will certainlyexperience the unexpected results in confiscstion attempts.
A hot civil war is brewing.
Democrats no longer have to pander and pretend they are Christian in any vestigial sense. Their elites are turning the full force of their propaganda machines against God-fearing Americans in the latest phase of identity politics.
I have no doubt within in my lifetime that holding traditional Christian perspectives on a wide range of topics will be absolutely persecuted by our Federal government. We are already seeing it happen with homosexual marriage. It’s going to be the next great schism within the Christian faith.
I think an economic depression is the target.
Many of us are already psychologically depressed.
Which is yet another achievement of leftists.
they want us to ask for help. then they own us.
Ask for HELP!!! (NOT)
What we need to do is UNITE and PUT Together an action plan.
Monday Morning I am calling the head of the Republican Party in Iowa and point blank asking him where he stands, with the people or with the RINOS/ Big Business??
M y next question is going to be if he stands with the people than why isn’t he circulating the movie 2000 MULES all over the state and demanding that it gets shown in all the theaters????!!!!
If he starts stammering we will know that he needs FIRED.
We need action NOW.
This means we need DOERS not TALKERS.
WILL LEADERS PLEASE STEP FORWARD AND LEAD??????
I agree with you. However, depression is the last thing we should feel. We should be angry. And hissin’ spit at these thugs.
Do not give in to them one inch. Okay, so things are pretty crappy, but we must rise above it and use that remarkable God-given spirit to call this what it is: Good vs Evil. It is a spiritual war. We should not give them one bit of control over our minds by allowing them to ensnare our spirit.
Let’s go hiss some spit.
Ihave an anchor in God to keep my spirit steady, so I am far from depressed. But too many do fall into it because of the purposely rapidly deteriorating conditions we face which certainly works for our globalist left.
I have had to learn in a hurry it’s the flesh that gets depressed when things don’t work out.
Yup.
Wait until the massive layoffs start because nobody is buying anything that is non- essential.
Yeah I would say go long on ammo. Just wait til people get really desperate and I fear that day is coming.
GOP Quislings = ‘Fiscal Conservatives’, don’tchyaknow.
Meanwhile – Interesting circuses, but bread is becoming a problem:
Everything we eat and drink is expected to be a problem for us.
Visions of soviet bread lines and chronically empty shelves pop into my head.
Coming soon:
#weareallvenezuela!
Too damn true. Crickets from the republicans. That’s how you know they’re all in on it. Where’s the call to drill for oil, open land leases, and let the pipeline happen?! Trying to be optimistic, but it’s getting more difficult by the day. We’re in it deep. Wait until the social unrest starts. I think 2022 is gonna have a VERY hard finish.
Disgusting, isn’t it?
This Year Inflation hit Things.
Next Year Inflation hits Services.
No.
Not too many…no one comes immediately to mind.
There may be a few Republican voices to describe the truth, but their voices are stifled by the media and ignored or condemned by their half of the Uniparty.
Rand Paul, Hawley, MTG, Gaetz…a few more. And the midterm primaries have had some good news. George P Bush didn’t even come close to defeating Paxton. The recall of the Son of Terrorists Chesa Boudin. Do not give in to despair.
That’s cute – he still thinks republicans are different than dems.
Not helpful to push identity politics. While zero Dems are good, there are a few good repubs. Why don’t you get behind those, and those MAGA supporters who won their primaries.? It’s way too easy to snark behind a keyboard. Get out there and make a difference.
MTG and Gatez both are speaking out on her online pod cast. She has also spoken out in congress as have a few of the others.
Massie as well
Generally reviled in their supposed political party.
Exactly!
The Republican establishment in DC expects to control both chambers of Congress within six months. They’ve decided they’ll let the Democrats destroy themselves and walk right into being the majority again.
It’s how controlled opposition works. The Red team takes over when the Blue team becomes temporarily hated. Nothing will get done the next two years as Biden’s regime ruthlessly works outside the Constitutional structure of our government. Endless investigations leading nowhere, oh sure.
The Swamp has decided they’ll phase in Progressive policies slowly but surely entirely through executive order, backed by a Federal judiciary they mostly control. That way it doesn’t matter who controls Congress.
Be of good cheer. Bloated Hannity will have on Miss Lindsey and his bunk mate, Frank Luntz, along with Kevin McCarthy to outline the sternly worded letter they’ll send to Biden. They will also campaign for additional billions for Ukraine, a good portion of which will be rerouted back to themselves and or family members.
I cant take Hannity. Used to listen to his radio show at one time. I dont remember exactly when, but the last time I could only take about ten minutes, and then no more Hannity forever.
J6 minutiae? The Big Lie is from those in control who continually project.
” I told you once before that there were two times for making big money, one in the up-building of a country and the other in its destruction. Slow money on the up-building, fast money in the crack-up.”
Rhett Butler
I think the Republicans who are not MAGA are worthless and I will not vote for any of them.
Not voting, after 54 years of voting every election, Republican, running campaigns, working precincts, poll-watching, giving, ad nauseum…
I’m not voting for Rubio, or my whorish, cowardly Rep Brian “Braindead” Mast. Only for DeSantis.
Not voting means the Dims vote for you.
No matter what the government does in the future it is to late to reverse the effects of what they’ve already done. The market has nowhere to go but down. So will your property values. Recession, hey we’re already there if your using the old math where two plus two is four. Depression is highly likely. Courtesy of your government.
Funny how important Russian energy is to the world economy…Everybody knew that except the Biden administration..
I’d bet that those pulling the strings knew.
Fits into the plan of a worldwide economic disaster.
I see where the new math is coming into play…2+2=7, when they are looking to discount/drawdown our savings they want to make up their own numbers!!!
“Math, we don’t need no stinking math!”
IIRC, FDR was an economic genius, too.
Heh, his policies helped extend the effects of the depression past the end of WW2. In some cases somewhere around 1947 or 48, I believe.
Some genius.
There’s a high likelihood America endures a real Depression for a good chunk of the 2020s. No one is prepared for it because no one under the age of 90 has ever lived through that much economic and social pain.
The propaganda machine from the globalists will spin a Depression as a necessary step in saving the planet from climate change or other nonsense.
Necessary in saving the planet for the globalists exclusive use.
With just enough of us left to serve them, their champagne dreams and caviar wishes.
Wrong. If they reversed their energy policy back to what it was under Trump, ditto with EPA regs re drilling and refineries, permitted more refineries and nuclear power plants we’d be back in a year or two.
If not, then no, you are correct.
Okay, I understand Joe Biden and his puppet masters are all in on Burn it Down/Build Back Better, but EVERY Democrat in congress? 100% unanimity? It is what I like to say, they, meaning 99% of D.C. have NO fear of God and they HATE the United States and its’ citizens. Dear God, please save the United States, if it be Your will.
I don’t hear any republicans speaking up either. Silence is an answer
Politics is self selecting for the corrupt just like the Mafia, no one gets to remain clean in the mafia…
When being in politics became a viable long term career without the need for a side job (or farm like George Washington had), is when it started attracting the dishonorable and dishonest.
They used to call it being a public servant and last I checked, the servants don’t make more than the masters. Except now they do.
I don’t believe there is a single truly clean politician left in Washington DC. Excluding MAYBE Gaetz, MTG and Bobert as they call the fraudulent election for what it is, but they’re conspicuously quiet on other certain topics, so they may be controlled opposition.
We will know when this nation has truly been restored because the President will put us all before himself and put himself directly behind Christ. Until then, expect more of this decline.
Exceptionally well said. It’s a CHARACTER PROBLEM. Always has been.
It’s a puppet show. They are all actors, moving within a narrow range, playing a part, taking direction. Selected, not elected.
We look to ourselves, we look to our towns, our local sheriffs, our counties, and then our state governments, in that order, to secure economic and political freedom.
It’s not too late to pay off any revolving debt, homeschool the kids, secure long term low interest debt while you still can, stock up on food and necessities now, plant a garden, think about securing defences, water, and heat in the event of power outages, move to an independence minded community, be involved in the local school board, town council, and sheriff’s races, especially at the primaries level. Get positions in the electoral bureaucracy if we can, to help secure the vote.
If you have been thinking like Noah, you will not be caught off guard when the economy truly is crushed.
I do not think they can cheat their way into Selections in the face of an 80 percent vote to throw the bums out of office. Even their usual flunkies may opt out this time. Fewer true believers in the face of all the destruction, and if the EBT cards go out or can’t keep up, or if the lights go out in NYC or Chicago for 10 days – there won’t be a city left from which to run the cheat. The centers of all the cheating are also the exact places most vulnerable to economic chaos.
In addition, I am sorry to say that the death wave from the jabs finally appears to be gathering real steam.
Most people are still in denial about the cause– but how many people who you personally know can develop a “rare at your age ” life shortening condition, or dementia,
or an aggressive cancer, or relapse from a cancer you thought was gone years ago, without people finally catching on?
It’s a little early to predict, but if these things continue to accelerate the way they have begun to accelerate, by October it will be undeniable. It’s a death jab for many, and Pfizer and Fauci knew it would be.
Oregon is still broadcasting PSAs promoting free jabs and boosters for young children.
If the jabs dont outright kill them over time, they will probably end up suffering from chronic disabilities and be sterile for life.
Much to the pleasure of globalists.
Yes, I know. But it isn’t 100% unanimity. It is more like 98%.
Sure, some are. Not the majority or leadership tho.
I think God is doing His own version of Build Back Better, and is reworking the enemy’s plots to serve His purposes. We may be living in the times foretold in Revelations. Apocalypse means “revealing.”
Yes. He is merciful but even He has brought judgement before.
See Sodom and Gomorrah. And you don’t even have to read about what brought them down. All you have to do is look around now to see what must be a reasonable facsimile.
San Francisco and Seattle are our prominent modern Sodom and Gomorrah. With several other cities close behind.
On The New Americanist right now there is a story about the first drag pastor ordained by the Methodist Church.
Just when one thinks there’s nothing left to fall, every day puts another stamp on our descent into irredeemable evil.
“..close behind”! Lol!
Ya, of course it is about sorting the wheat from the tares. And making choices. And loving your enemies. And overcoming fear.
I pray you are right.
Oh, you still believe in team red and blue?
Begging for supernatural intervention will not help us. These are the evils of men and they will only be resolved by good men doing unspeakable things.
If we had kept God in our hearts and in our culture, most of this evil would not have gained the degree of power that it has.
We can and must do our part, but without God, do not expect anything but death. If you have not grasped this part yet, you need to do so now: you live in a police state that surveilles you constantly,
directs constant demoralizing psy ops at your mind, debauches your kids, and hasn’t run free and fair elections in most cases in over a decade. That state convinced your community to lock itself down, inject itself with poison, eat manufactured crap and call it food, and murdered thousands of elderly people in nursing homes. That state is, in reality, if not in name, almost indistinguishable from Hitler’s vision of the thousand year Third Reich. It is now moving on to show trials and civilian disarmament, and it has the orders for the cattle cars and concentration and death camps all ready to go.
Got it?
We need God now more than ever.
Well SAID!
I approve this message. Not that you need my approval, but Alex1689 you are right on the money.
What supernatural intervention? What is happening now was predicted before the earth was created.
Gid destroyed the pe0ple of the earth by the Flood, with only Noah and family surviving plus the animals. I think Noah had DNA samples, note he was ordered one male and female. People think that Adam’s and Noah’s times were primitive, mud huts and eking out an existance.
The people of Adam’s time had more technology than we do. What angered God was so much wickedness that fallen angels having relations with human women and making hybrid angel/human people, the Nephilim. He wiped them all out with Noah and family being pure human DNA. So we are all related by Noah, though I loathe that Biden and company are distant cousins.
Genesis is the book of firsts (the NIV version is easier understand, than King James english). Read it carefully, especially the history before the Flood. Jubal; he was the father of all who play stringed instruments and pipes (lots of technology needed) and Tubal-Cain, who forged all kinds of tools out of bronze and iron, lots of mining and technology needed for this. So mankind had the technology to build and ark and collect animal DNA. I think the seven of each of the clean animals were for food, during the Flood and afterwards.
Don’t put your belief on others there is a God and he is in control. The reason we are in this fix because men is evil in heart without God.
We went through 8 years of that to secure our country.
You shouldn’t have to fear god to do the right thing. Period.
If they loved the country, they would do the right thing. But the fact the powers that be embrace the most wicked things, is proof that they do not fear God.
God won’t do it alone.
Most elected Democrats in Congress have no more power than you do to change anything. The Left is operated like a criminal syndicate with a few people holding all power. If you rebel, you are excommunicated and cut off from the lucrative globalist payoffs.
Amen.
The Jimmah Carter family is so ecstatic that they’re monitoring Jimmah’s heart closely.
The Fundamental Transitorymation of America.
“We are five days away from fundamentally transforming the United States of America.”
So declared Barack Obama in Columbia, Missouri, on Oct. 30, 2008.
From Garland Nixon on Twitter today: BREAKING NEWS: White House insiders leak that, when asked why the US was buying more Russian oil as the EU bans it, President Biden responded “because they’re f#ckin’ idiots and we aren’t.”
We are in a recession right now. Consumer price indexes don’t show how much people are buying. I’m betting they are spending only on food and gasoline.
Next comes massive layoffs.
Thats okay PedoJoe will be sending out massive inflation and layoff checks just like he did with covid.
He is the government, after all, and here to help.
Yup and baby formula if we can find it!
Don’t underestimate how much is being spent on booze, gambling and weed.
BEANS
Over the last few months, I’ve been investing in staples (as in put on the shelf, not stock market). Especially beans. Nutritious, tasty, high protein, filling, appetite supressing. Prices are much higher than a year ago, but what isnt.
Soak them overnight, use fresh cooking water, and then discard the cooking water and they’r not gassy.
Right now, you can get a 2 pound package of dry great northern beans from W*****t for $1.98, with a 12 package maximum. The maximum changes from time to time. A month or so back, they were about 10% less. Free shipping for totals over $35. Kidney beans were less than great northerns the last time I looked. Visual and taste quality are excellent.
Everyone loves to hate this store for one reason or another. But I don’t have time, energy, or money to look for other sources.
Dried packaged beans have always lasted on the shelf for several years at our house. We’ve never had to throw any out. So I’m not worrying about elaborate storage, other than to put the packages in covered plastic boxes we already had.
Tomorrow :chili. Yum!
Refried beans are good with everything!
Yorkshireman, “Luxury!
groin’ up beans WERE a special rare treat to my family . One bean split 15 ways once a week for Sunday supper.”
Plant Potatoes.
If you don’t have space for Corn or Wheat, plant potatoes. You can raise a lot in a small space they take very little upkeep.
Globally – the fertilizer shortage is going to mean total farmed calories will drop by 15% this year. Next year, we will be seeing a drop closer to 25%. The US will still be a net food exporter. But, growing your own potatoes means calories you would normally buy can go to someone else.
Just bought some 10gl grow bags for potatoes. Interesting to see how it works out. Lots of UTube “how to” vids available. If you don’t have a ground plot available to garden, maybe things like bags are a solution. One great thing is that they are mobile and easier to carry around than pots.
You can grow potatoes in a cardboard box.
Rabbits are quiet, good eating, poop makes good, instant fertilizer, you can grow cheap forage for them.
You can couple those with white rice to get a complete amino acid profile. Just bought 25lb bags from Costco for about $12 each.
Good deal.
just be careful how you store it. I had a 25 lb bag of white rice from Costco in a bedroom closet…only a couple years. I opened it and it has bugs in it. I have since bought a case of white rice in #10 cans from the local Mormon storehouse ( I’m not Mormon) …better sealed…I didn’t want to have to buy buckets, oxygen absorbers and mylar bags to do it myself …
Sam’s club has 50 pound bags.
But they almost always come with bug eggs in them. If you can freeze them for 3 days, it can kill the eggs, then you can store it, vacuum seal if you can.
Bean/seed Sprouts are good too, and you can store the beans and seeds for them forever.
East to sprout when you want ’em- don’t even need a sunny place!
And a fun project for kids, cuz going from seed/bean to sprout to sandwich it all happens pretty quickly.
And get spices, too…Cumin, Chile powder, salt, onion powder, etc.
I can’t wait for the tweet from Biden on July 4th bragging about the cost of a holiday meal being ten cents cheaper than last year after replacing the hamburgers, hot dogs and chips menu with lentils, ramen noodles and the generic store brand macaroni and cheese in a box.
Or replacing the good stuff with bugs. That’s the ultimate goal.
Ah, the Fed vs the Feds. Why do we even have a Fed? What good are they in situations like this?
Good question. Who is the Fed? Are they government? Why are they the boss of us?
This the the progression that occurs when government is allowed into all types of business decisions and picks winners and losers. Massive inefficiency and graft, plus the complete destruction of major areas of the economy based upon nothing more than the personal preferences and beliefs of those who hold the levers of power in government.
It is also clearly intentional. If it was just “bad luck” surely we would get better luck by operation of pure chance. Things are not going to get better without an intentional change. One can only hope that a sufficient number of people see this to run the OBiden people out of town on a rail. Even once that is done, there needs to be lasting reform to get government out of the economy. Get rid of the administrative state. Amend the Constitution to make it clear that the feds can’t assert control over entire sectors of the economy because they involve “interstate commerce” etc. Unless the apparatus of control is destroyed the Dems and fake Rs will simply re-assert control whenever they are in power.
Exactly correct.
The masses of sheeple have no idea of how fooked they are, and unfortunately the magnitude of fooked-upedness is only just getting warmed up.
The old saying, something like:
“Some make it happen, many watch it happen and most wonder what happened.”
A vast number of people are in the last catagory.
Wilfully ignorant and oblivious.
You know, I could understand it if these problems were unpreventable, but when you know that this was done to us on purpose, it makes my blood boil. Again, Biden and Harris both told the entire world what their plans were with respect to fossil fuels. If you voted for them and you’re surprised by what’s taking place, you only have yourself to blame. Go to hell, DNC. Go to hell, MSM. You have made it perfectly clear that you hate your own country and you deserve no mercy for what you have done.
You left out the republicans
Aiders and abettors.
You know, there have ALWAYS been two Pubbie parties: 1) the RINOs (there are others names for them), and 2) the grass roots (Goldwater, Tea Party, MAGA). Never the twain shall meet, they hate each other…
So maybe you should be a little more definite in your labels. Its an insult to those of us who have worked for decades on the grassroots front lines trying to wake up the numbskulls who don’t care what kind of “R” they’re voting for.
How do you think we feel, after all these years? What were YOU doing the last 30 years?
At this point the only thing I’m sure about our economy is that Biden will blame: Republicans, oil/gas companies, Putin, OPEC, global warming, everyone but him and his Democrats.
Why would he blame Republicans? Most of them seem to be nestled in the Dems right pocket.
It’s what keeps them there.
Seriously people – it’s over with the repubs. Get it out of your head that they represent anyone other than big corp. Vote for any other group besides the uniparty. Hell, I bet anyone who runs as Whig party will mop up 2024 elections.
Why do so many on here denigrate all Repugs? Some are not like the others. Don’t be a Debbie Downer, be part of the solution.
All premeditated and on purpose..who is really pulling the strings?
Obama
On orders from his master Darth Soros.
The only string ovomit knows how to pull is in his pants. Brainless dolt playing a part, reading his script dutifully
Not to mention the cost of fuel oil for millions of homeowners this coming winter.. Brrr!
Those in the southern climates are feeling the cost right now to cool their homes.
They are hoping and praying that there will not be blackouts when the temp is 105 down in Arizona.
The electricity cost to cool a house must be skyrocketing.
It’s a good time to own a small house.
Tiny houses to see a huge uptick in demand.
It’s not just the deepest south. Temps have been in the 90’s in the mid-Atlantic states for most of this month. I’m dreading seeing an electric bill.
Down in AZ is already feeling the heat. Heat advisories out even as I write this….
Same with Las Vegas.
114 degrees tomorrow they say.
Hope and pray, but prepare for planned regularly scheduled brownouts and blackouts as features of our new normal summer hot spells.
FPL doesn’t seem to be too bad, but we have nuclear to off set some costs.
Retired Magistrate here: Get your fuel oil now while you still can. Prices are only going to go up in the Fall and I think there will be fuel oil rationing. Now is also a good time to get your fuel oil furnace tuned up and make sure you have filters for the Fall.
Go to yard sales, etc. and stock up on wool sweaters and insulated drapes if you can find them. Start preparing now for this Fall and Winter.
Good advice.
If you can get vintage Svottish cashmere on Ebay, you can get some bargains, and they will serve as a great insulator.
The old Scottish cashmere, up through the 70s, is far better quality than current stuff, most from China. I have silk baselayers I bought a couple of years ago, and it’s a great insulator.
it’s the only time I can say I’m greatful to live in California
Have you ever noticed how NONE of these economic reports EVER aligns with the expectations of the so-called “economists”? Hell, even weather forecasters have a better track record.
“…even weather forecasters have a better track record”. Not by much! At least herein Maine. It seems like the more technology they have at their disposal to aid in forecasting, the worse their predictions become.
Favorite name for them—-Weather Guessers!
Been using that one for years…
Ditto…… crap in crap out from the computer.
My company is doing its best to pile on. We’re doing freight rate increases of ~30% since six months ago. And this is not including fuel surcharge pass-throughs. This cost is going to show up in everyone’s paper products over the next six months.
And it appears there’s going to be at least another couple rounds of this over the next year, eh?
Get a few bidet seats, ones with warm water if you’re in a cold climate. You can hook it up to your hot water tap, or get one with an instant electric heating element. You’ll be glad you did.
The strongest steel is forged in the fire of a dumpster…
Whenever we decide to get off our fat lazy arses because the soap and ballot boxes haven’t mattered in a century… MAYBE then we’ll take to the cartridge box.
The fantasy about out voting this is just that. These are not the evils of some supernatural being, it’s just the evils of man!!!
Inflation rate of 8.6% ?? I don’t think so. Looking at their data, they claim gasoline is up 48% – we know it is up 100%, so is the real inflation rate also double their claim? That would be consistent with John Williams shadowstats dot com of about 17%, if measured the same way it was measured in 1980.
That inflation number is just from May, 2021 to May, 2022. In May, 2021, we were already seeing inflation, so this is inflation on top of inflation.
+1
Sundance, please see my post above about R&D expense capitalization. This would be the death nail in our economy. I’ve been on calls with PwC all week. And I had to present this to all the members of my company. And I had to do a separate private meeting with the founders and the partner at PWC on our account.
This WILL end our economy of not repealed.
Sorry, my original post is on page one. Not above. Please review it.
Is this Hyperinflation?
It will be when the velocity of money ticks way up. It’s the fuel that makes the “hyper” what it is. Buy some shares of VIX.
All part of the plan. Brace yourselves free America.
Please God watch and keep us.
I am braced.
The Last Days appear to be coming soon.
On my own today as the rest of the fam are at Universal Whateva in Orlando. 7 adults and 5 kids under 16. Only 2 of the adults conservative. I’m sure they’re all having a wonderful time in the Griffendore Cafeteria or WTF. We took our 6 kids to WDW for the third time in 1992, and even though I was still voting D I said this is nuts-we can’t afford to stay on their RE, and fams with more “resources” can get in front of my babies for rides. You may want to bring that up with your lefty friends before their next “holiday”. There will be millions, perhaps billions of children who will never experience the experience of having ice cream and then going on a ride that will make them barf, and then having a tantrum because their folks won’t buy them a 42 dollar plush toy made in CHY-NA for $1.37. We will be at an Air BNB over the weekend with the most vociferous lefty daughter and fam-I’ll let my son take over-I just opened up my Wild Turkey 101!
.
Atta Boy! Dull the idiotic effects.
What’s really troubling about this bad CPI report is that on Thursday afternoon, someone in the White House told Fox News that it was going to come in hot. ZH reported this at mid-afternoon Thursday.
Someone “in the know” left big footprints in the stock market Thursday afternoon. The S&P 500 index sank in a straight line from 1 pm to the 4 pm, continuing to print new daily lows down to the last minute of trading.
Traditionally, insider trading meant company officers and directors, doing “informed selling” or “informed buying” in advance of their company’s announcements or earnings.
Insider trading using government reports leaked in advance is a graver matter. Vehicles for trading major stock indexes are far more liquid than individual company shares. One can easily initiate a multi-billion-dollar short position in S&P futures, for example.
And it appears that someone did exactly that after lunch on Thursday, scoring massive gains as the market cratered all day long again on Friday after the pre-opening CPI release.
Attorney General Merritt Garland already has started a probe to find the leaker. Ha ha, just kidding!
But seriously, y’all – circulating government economic reports in advance to grifting, dishonest dirtballs like “Joe Biden” and Jay Powell so that they can front-run them is deeply corrupt and scandalous.
It’s just another form of in-your-face elite looting. We know, and they know we know.
Not surprising…similar downward moves occurred at the onset of Covid…when the market tanked and drug companies skyrocketed… I always suspected lefties profited big time.
My bet is that Soros or similar big money manager are shorting the market bigly with advance information and probably spreading around the profits to those who leaked the info…
RINOS also profited bigly
We are under the occupation of a shadow government of uni-party commies, and the elitist MSM propaganda machine blasting it louder, but no ears are listening. It’s the beginning of the meltdown in a way they never saw coming.
He was right. Biden Adm was wrong. 👇
“there is a chance that macroeconomic stimulus on a scale closer to World War II levels than normal recession levels will set off inflationary pressures of a kind we have not seen in a generation”
— Larry Summers, 2/4/21
*******
Does the WH owe Larry Summers an apology?
https://www.politico.com/newsletters/playbook-pm/2021/11/10/does-the-wh-owe-larry-summers-an-apology-495052
One pundit on this mornings Varney & Co. show used the ‘D’ word – depression.
Kind of puts the concept of recession into context, these people who took over the govt aren’t going to stop at recession, they need to bring not only the US but the rest of the world to its knees.
These are not nice people.
Varney and all the FBN whores don’t give a shit. Whores.
They will when people can no longer afford cable and fbn goes out of business
Imagine what it would be if they hadn’t excluded food, energy and college tuition from the index…
It is difficult and they want us completely discouraged. We’re better than this! Jesus is Lord and they will pay much worse than we are now.
I am concerned about really massive layoffs while we’re still paying people to invade us, AND fight a ridiculous proxy war to insure politicians’ laundered funds.
He is not wrong.
Raising interest rates on this level of US debt will collapse the federal reserve note if there is any alternative available. The 10 year T bill is up to 3 percent. At 5.5 percent? Federal printing death spiral.
Gold and commodities backed Ruble.
Gold and commodities backed Yuan.
Boom.
Gold ends the Fed.
Why else is Yellen turning her attention to the matter of gold and sanctions? Despite her protestations, she’s far from an idiot. And quick on the phone. Just ask Ken Griffin and Gamestop.
Total US debt of $90 trillion apparently includes corporate debt, individual debt and mortgage debt.
Gov-only federal debt is around $30 trillion, and can be compared (or added) to unfunded fedgov liabilities of $169 trillion.
Taxpayers are not on the hook for corporate debt. Or mortgages or individual debt, if they don’t have any.
But as beasts of burden for Leviathan, every taxpayer is on the hook for the US fedgov’s unfunded liabilities.
How many cumulative Kongress Klowns did it take to rack up this appalling total?
Chapter 7 liquidation, comrades: wind down the frigging fedgov; make it go away forever.
I shoulda scrolled.
FJB, his illegitimate administration and all Rinos. And twice on Sunday.
But some people are still posting this type of crap… Apparently, Biden is setting positive economic records all day every day 🤦🏼♀️
Those are all fancy ways of saying the American citizen is experiencing record inflation.
Get the actual twit so people w/ an account can post replies that set the record straight?
Damn them all to hell for destroying people’s lives and livelihoods.
Sundance, this might be an important moment to discuss how we should structure OUR “End Game” for the coming “Global Reset” – both INDIVIDUALLY (protectively) and more important, COLLECTIVELY (proactively).
This ZeroHedge article frames what we can expect from the Global Cabal, unless we PRE-EMPT what’s coming:
https://www.zerohedge.com/the-market-ear/heatingup
Wrong article link above – correct one below:
https://www.zerohedge.com/markets/its-worse-many-can-imagine-kim-dotcom-sees-controlled-demolition-enabling-new-dystopian
Thanks for sharing.
Perception-denial-dependency
He hit the mark with that comment!
i think the advice was to go grey man – and get the EBT cards and food stamps and blend in
Yer’ gonna need all their current vaq’ses and a spooky, high-end digital ID with a sufficient ESG for any Shade of Gray.
Yep. The nail that sticks up gets hammered.
What about the Chinese company, Evergrande, that just went bust?
They had 22 billion in overseas investments. Will that be an economic tsunami here?
please watch 🙏……https://rumble.com/v17h6qx-the-truth-of-january-6th.html
@Sundance I hope you pick this up n post it wide 🙏
I have finally experienced the food price increases just this past week. Totally unbelievable. Does anyone know why the price of soybeans has apparently skyrocketed? I am lactose intolerant and this week I could not believe the price of soymilk and the soy cheese I eat!! Wow…I have also seen an increase in price and quality of fresh organic produce.
because EVERYTHING is going up…fuel costs affect everything…manufacturers have to use energy to produce good, farmers too, and then trucks to deliver it to the stores !
But the soy products are particularly outrageous..not sure why. There are two main organic soy milk companies, been around forever: Westsoy and Edensoy. Personally, Edensoy has the better product, I think it must be the water. So, Westsoy has always been less expensive so I buy that because the taste difference is not worth the extra expense. So last week go to buy some soy milk, and it was the Westsoy that had gone up hugely and the Edensoy had stayed the same and so I bought the Edensoy so why not..it’s better anyway. But the price is higher than what the Westsoy was.
Then I go to buy the soy cheese, at the local grocery chain so not a health food store. and my eyes bulged out..over $4. What????
As far as eggs, Walmart has a very good price on organic eggs…but I did not check this week, will check next week because I will need some.
At the southern end of northern IL, farmers are not planting. I saw many fallow fields a week ago when I was on some isolated farm roads…usually corn is sprouting and the beans.
Not sure if the old “knee high by fourth of July” will hold this year.
Am hoping they are holding back as it has been a fairly rainy spring.
I do recall Trump selling more soybeans to Japan or somebody..and I wanted to ask him what about people like me who need the soy products?? He did not seem to be aware of our needs.
Lots of soy can really mess up your endocrine system, especially if you’re female.
Rice milk might make a good substitute. They have great rice milk in Mexico. Just a thought.
I got three #10 cans of this on Tuesday for $16.60 per can. This is whey milk and fine for the lactose intolerant (from what I hear). Low cal, delicious. The price can fluctuate a lot, but I order when on sale. Makes good creamer for coffee. Might work for you.
Thanks Joey! And it’s not Putin’s or Ukraine’s fault! This train wreck of our economy is YOUR fault!! The installed White House occupant is going to be partying in Cali. at DIM (democrat) fundraisers today. Well whoop de doo.
their skillset is in NOT ACKNOWLEDGING… that way they never have to feel the consequence.
they just ignore it, blame it on something else, and keep their chin up walking forward with pride.
“We’re just not yet seeing any signs that we’re in the clear
With all due respect (not really) my friend’s dog who is blind and deaf can see that this is not going to clear up anytime soon! The adults and “smartest people in the room”.
80 million votes? Right….
yep.
its to the point where a Vote doesnt equal a single person anymore. its just numbers inputted to win
I guess we weren’t suppose to notice seeing they are throwing everything at us at once!
Will America still exist by the midterms?
3 million people added to the disabled list in 2021, and it’s headed up for 2022. Insurance rates will be following. 9% to 10% GDP drop. Depression is happening an increasing rates while inflation continues.
Destruction of the economy continues. While more illegals arrive.
Our military will soon be faced with a decision. Take control or watch America die.
So much money has been printed that we will soon find ourself in a position of not being able to service our own debt.
I saw that on WarRoom with Bannon speaking with Ed Doud, who is a genius.
I personally think that Dowd has had a life-changing experience with Christ. He doesn’t speak of it directly, but some of the things he says, with great humility, leads me to believe that he had a serious soul searching, and he believes in God.
‘Our military will soon be faced with a decision. Take control or watch America die.’ — Sir Francis Bacon
First they would have to come home from all the distant lands they’re occupying: Germany, Japan, Italy, South Korea, Syria, Somalia, and dozens more.
Foreign legions are a weak reed to lean on, when the country is being hijacked domestically.
SecDef Lloyd ‘Raytheon’ Austin is just a yes-man grifter for C in C “Biden.”
Waiting for the coup is like waiting for Godot: tedious and pointless.
Our military is now focused on diversity, sjw being woke, keeping alert to domestic MAGA terrorists, and currently celebrating Pride Month. And its chiefs of staff ready to notify any potential adversary should we even hint at doing more than provoking anyone.
Our military is preoccupied with anything other than actually defending our Republic.
You want our woke feminized military to take control? The same military that lied to Trump about everything? No thanks!
well darn that Putin, he’s worse than Cornpop
What is the inflation since Jan 2021 to now?
Relax, relax… it may seem bad but the economy is actually great.
More news at 11.
Would it change anything if Biden identifies with a good economy and an honest election
Americans can and should bypass globohomofedgov and trade with Russia in the gold backed ruble.
the average from april to may was 8% or whatever.
but what is this really measuring? the speed of our screwing?
since Jan 2021 to now – what is that percent
nevermind – its year to year i guess.
Shadowstats says its closer to 15-16%.
This about sums it up.
https://mobile.twitter.com/Ross__Hendricks/status/1535060008572170240
The price of bugs is up higher than chicken. I’m staying with the chicken until the bank account runs out.
Breitbart is reporting that a new poll shows that a majority believe Biden is purposefully damaging the economy. https://www.breitbart.com/politics/2022/06/10/poll-most-believe-biden-admin-allowing-gas-prices-rise-get-americans-off-fossil-fuels/
That majority is correct in my book, and this is a dominating popular issue over which it should be possible to expose and disempower the Biden Administration, his handlers, and all the complicit operatives throughout the Deep State, while undermining the WEF and CCP influence within the US.
The narrative that could carry the day by enlisting a huge and motivated majority that is already primed to believe includes
1) wonkish energy production numbers, graphs, and trends that demonstrate the reversal of PDJT’s Energy Independence policies and successes, and contrast them to the Biden policies and their impact on production numbers, with particular emphasis on Biden’s Day One energy-related executive orders, and also their correlation to gas prices at the pump
2) comparing and contrasting MAGA energy policies with those advanced by Biden and the Great Reset, while also noting that these policies have all accelerated the off-shoring of our manufacturing to China, India, the rest of Asia, who prioritize economic gain over climate policies, and have done so for 20+ years
3) highlighting the WEF Great Reset action plan whose goals include elimination of private property and individual Liberty while consolidation of non accountable power in global organizations controlled by billionaires and ideologues.
4) highlighting the lack of common sense throughout the Left’s narrative: such as
a. the many failures, the waste and corruption of all the Left’s social programs in major cities! They don’t work locally and they won’t work nationally or globally
b. the corrupting influence of the CCP throughout our government, their stated purpose to displace us economically and militarily, their devious methods of influencing YS Policy and culture
c. ditto the WEF
d. underscoring the hatred of America, our values and institutions that unite the CCP and WEF ideologues, because we have a better model that empowers common sense, rather than oppressing it.