Have you ever seen egg prices at $1 per egg range, or $12/doz?  Hold on a few months and perhaps you will.  That is the context for the scale of food price increases the USDA is now starting to predict.  The highest predicted change in food costs in well over 40 years, that’s the USDA warning in their revised May “Food Price Outlook”. [DATA HERE]

This month the USDA just re-re-revised the forward price outlook, and things are grim.  It likely doesn’t come as a surprise to many CTH readers because we have been discussing the convergence of events since October of 2021, when we first were able to predict Wave-1 (Dec/Jan), and Wave-2 (March/Apr) inflation.  However, the underlying data for Wave-3 is double the prior two phases.

Keep in mind the data is national & skewed toward low estimations as represented by (+).

When the USDA predicts egg prices increasing by 19.5 to 20.5% (from where those prices are now), there will be regions with much higher retail increases than estimated.

Just two months ago, USDA had egg inflation at 2.5%-3.5% range, year over year.  Again, that’s the scale of change; from a 3.5% forward outlook to a 20.5% forward outlook effective right now.

Food at home (grocery store) prices: up 7% to 8% in this monthly review, versus the April outlook of a rise of 5% to 6%. That means the USDA is predicting the highest grocery store price rise since 1980 when prices rose 8.1% (prices rose 7.2% in 1981).  There is no reason to think the USDA forecast will not rise again in June.

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Closing arguments have wrapped up in the trial of former Clinton campaign lawyer Michael Sussmann. The jury is now deliberating.  In an unusual twist, trial Judge Christopher Cooper said if a verdict arrives today, he will withhold reading the outcome until Tuesday due to prior commitments.

Despite the evidence that Michael Sussmann lied to FBI officials about the reason for him bringing the Clinton campaign manufactured false information about a Trump-Russia connection via Alfa-Bank in Trump Tower, it is highly unlikely Sussmann will be found guilty.  The reason is simply that regardless of whether he told FBI officials the material came from Hillary Clinton’s campaign; the FBI knew Sussmann was an operative of Hillary Clinton’s campaign.  It’s an issue of materiality.

Top leadership at the FBI concealed Sussmann as the Alfa-Bank source from the FBI investigators who were given the information.  Whether Sussmann lied about bringing the false evidence on behalf of the Clinton campaign was immaterial to how the evidence was handled.  Again, as CTH has said for the past two years, the background of Durham investigating the ‘outsiders’ is filled with pretending.  Even Andrew McCarthy, a defender of the institutions, outlined the FBI playing pretend as a “bad look.”

The New York Post has a solid article outlining all the pretending – “What we learned at the trial this week is that, notwithstanding Baker’s insistence that he believed Sussmann’s cover story, FBI headquarters officials fully realized they were acting on highly political information and took steps to conceal that fact.

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In a disturbing twist to the Buffalo supermarket shooting that left ten people dead and three more wounded, a report is now surfacing that at least one retired federal agent was in contact with the shooter during his planning and was sent a message of intent 30 minutes before the attack began.

New York – Law enforcement officers are investigating whether a retired federal agent had about 30 minutes advance notice of a white supremacist’s plans to murder Black people at a Buffalo supermarket, two law enforcement officials told The Buffalo News.

Authorities believe the former agent – believed to be from Texas – was one of at least six individuals who regularly communicated with accused gunman Payton Gendron in an online chat room where racist hatred was discussed, the two officials said.

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The FBI conduct in the events of the Olympic gymnasts being repeatedly raped by Larry Nassar is one of the most blood-boiling examples of FBI corruption and criminal conduct in modern times.  No one has ever been held accountable.

Even after another DOJ re-review of the admitted lies told by the FBI agents in the case, the result today is nothing… Whoopsie, mistakes were made.  Move along folks, move along.  Nothing to see here…. Just, move along.   Infuriating.

WASHINGTON – Two former FBI agents accused of mishandling sex-abuse allegations against former USA Gymnastics doctor Larry Nassar will not be charged with a crime, the Justice Department announced Thursday.

In a statement, officials said that after a “careful re-review of evidence,” the department “is adhering to its prior decision not to bring federal criminal charges,” adding: “This does not in any way reflect a view that the investigation of Nassar was handled as it should have been, nor in any way reflects approval or disregard of the conduct of the former agents.”

John Manly, a lawyer for many of Nassar’s alleged victims, called the decision “incomprehensible” and said the FBI agents “violated their oaths of office and colluded in the cover up of the worst sexual assault scandal in the history of sports.” (more)

In July 2021 the DOJ OIG produced an absolutely damning Inspector General investigation of FBI conduct in the rape and sexual assault of U.S. Gymnasts, revealing how FBI agents facilitated Nassar’s sex crimes by taking no action despite numerous witness statements to them.

Worse yet, the FBI never reported the sexual assaults to local law enforcement… and to top it off, the rank and vile FBI agents lied during the investigation of their conduct, and the DOJ under AG Bill Barr, and now under AG Merrick Garland, refused to prosecute the FBI liars. (more…)

A very alarming set of updates from the Uvalde, Texas, school shooting has everyone starting to question what was previously said by authorities about the events.

The Wall Street Journal has some updated information that is extremely disturbing.

TEXAS – […] “Victor Escalon, a regional director for the Texas Department of Public Safety, said in a briefing that the now-deceased gunman, 18-year-old Salvador Ramos, lingered outside Robb Elementary for 12 minutes firing shots before walking into the school and barricading himself in a classroom where he killed 19 children and two teachers.

Mr. Escalon said he couldn’t say why no one stopped Ramos from entering the school during that time Tuesday. Most of the shots Ramos fired came during the first several minutes after he entered the school, Mr. Escalon said.  People who arrived at the school while Ramos locked himself in a classroom, or saw videos of police waiting outside, were furious.

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The Bureau of Economic Analysis (BEA) originally calculated the first quarter economy at a scale of -1.4% growth. The BEA revises that figure downward today with more data showing a contracted level of consumer spending [DATA HERE].  The economy contracted by -1.5% in the revised numbers.

Gross Domestic Product (GDP) is the dollar value of all goods and services produced in the economy, minus the dollar value of goods and services we import. The percentages discussed are percentages of change over time.

♦ What changed in this revision to make the economy worse?

(1) U.S. inflation was revised upward (prices increased); (2) the estimate of calculated inventories was lowered; (3) the estimate of consumer spending was raised (inflation issue); which leads to (4) a massive drop in the calculation of disposable incomes.  [See the Change Table]

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Tucker Carlson used his monologue today in response to the politicization of the Texas school shooting in Ulvade.

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The Bureau of Labor Statistics released the County Employment and Wages Summary Wednesday [DATA HERE].  The economic tracking measures the employment and wage increases at a county level throughout 343 counties in the nation.

The BLS measures the data on an annual basis from December 2020 through December 2021.  The average rate of wage growth at a county level was 5.9%, far lower than the measured 8.5% inflation rate.  That means real wages, the income of most Americans at the county level have dropped.

However, within the data Florida stands out as having the largest number of counties exceeding the national average.  23 Florida counties are included in the BLS tracking.  An incredible 21 out of 23 Florida counties have wage growth that far exceeds the national average. [BLS, Table-1]

Additionally, Florida holds the top spot for the highest annual rate of wage growth in Palm Beach County with 15.6%…. AND… Florida holds the top spot for the highest annual rate of wage growth amid the ten largest counties, with Miami-Dade wage gains of 11.1%. [BLS, Table-2]

Congratulations Florida Governor Ron DeSantis and Florida workers.   You have the rare distinction of having wage growth overall that exceeds the BLS measured level of Biden inflation.   It’s no wonder why so many people are heading to Florida for jobs.

FREEDOM. If you keep it, they will come.

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Civility has long been removed from the current Fascist Democrats running their political operations.  During a somber Texas press briefing today, Governor Greg Abbott was informing the public on the latest information about the Uvalde school shooting.

Former failed senate candidate, and current democrat political candidate to challenge Abbott, Beto O’Rourke, having previously planned and informed the media of his intent, pulled a political stunt by interrupting the press briefing in order to make political statement advocating for a ban on firearms. {Direct Rumble Link}  VIDEO:

Republican Lt. Gov. Dan Patrick said to O’Rourke: “You’re out of line and an embarrassment.”  Patrick Francis O’Rourke, as he was being escorted out, turned around, faced the stage, pointed his finger and said: “This is on you until you choose to do something different. This will continue to happen. Somebody needs to stand up for the children of this state or they will continue to be killed just like they were killed in Uvalde yesterday.”

The ultra-far-left moonbat democrats have no comprehension of sensitivity, timing or civility.  Democrat candidates like Beto represent an emotionally unstable, immature, illogical, opportunistic and violent mob of radical communists.

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Tonight, is the primary election vote for Alabama, Arkansas and the key races in Georgia.  Additionally, there are runoff races in Texas and Minnesota special elections.

The key contest most people will be watching is in Georgia, where GOPe Club Governor Brian Kemp is facing a challenge from former Senator David Perdue. The winner will face Stacey Abrams, a Democrat who is unopposed in her primary, in the general election.  This primary is open for people in either party to request ballots. There will be democrats voting with republican ballots, and the most favorable outcome would be for Kemp to be held under 50% of the vote.

President Trump-endorsed Hershel Walker is also running for the Senate on the Georgia republican ballot.

New York Times Election Results Here

Politico Election Results Here

CNN Election Results Here

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