U.S. consumer prices have soared above economists’ predictions and by the most in more than a decade, as fiscal stimulus and booming demand pushed against supply constraints, potentially fueling market fears of a prolonged bout of higher inflation.
The consumer price index (CPI) jumped by 4.2 percent for the 12 months ending in April, compared to 2.6 percent for the 12 months ending in March, the Labor Department stated in a release on May 12 (pdf). This is the largest 12-month increase since September 2008, when the index rose by 4.9 percent.
Forecasts from economists polled by DailyFX, a financial market insights platform, expected the year-over-year inflation measure to come in at 3.6 percent, compared to the actual 13-year high.
Human nature stays the same across time and space. That is why there used to be predictable political, economic, and social behavior that all countries understood.
The supply of money governs inflation. Print it without either greater productivity or more goods and services, and the currency cheapens. Yet America apparently rejects that primordial truism.
The United States is more than $28 trillion in debt—about 130 percent of the country’s annual gross domestic product. The government will run up a $2.3 trillion budget deficit for 2021 after a record $3.1 trillion deficit the year before.
The Biden administration still wants to borrow more—another $2 trillion in new social programs and “infrastructure.”
In the crazy last 100 days, the price of everything from lumber, food, and gas to cars and houses has soared. Yet many interest rates are still stuck at or below 3 percent.
Colonial Pipeline Co. paid hackers nearly $5 million to free their computer network Friday, despite claims they had no intention of doing so.
Bloomberg News reported that the company paid the ransom in untraceable cryptocurrency and received a decrypting tool to restore their computer network, according to “two people familiar with the transaction.” Though the company received a decrypting tool, it ran very slowly according to the report.
California Gov. Gavin Newsom (D) says that mask mandates and other COVID-19-related restrictions could be eased or altogether lifted by June 15, the Los Angeles Times reported on Wednesday.
What are the details?
Newsom said Wednesday that the state could “significantly ease its mask mandates” over the next several weeks, the outlet reported, citing the continued decline of COVID-19 infections and increase in vaccinations.
On June 15, Newsom said, “we’ll move beyond the blueprint and we’ll be in a completely different space.”
The Middle East has erupted in violence after Hamas launched rocket attacks against Israel — but the Palestinian Islamist organization is about to get exactly the hellfire it deserves.
Since Tuesday, nearly 850 rockets were launched in the attack on Jerusalem and other Israeli havens, sparking the most significant conflict between the enemies since 2014, Fox News reported.
Many of the incendiary devices were intercepted by Israel’s Iron Dome Aerial Defense System, but at least six Israelis were killed as of early Wednesday.
The hundreds of bombs launched in the nation’s counter-attacks left 43 Palestinians dead and over 200 reported wounded by the Gaza Health Ministry, according to Fox.
Washington, D.C. Mayor Muriel Bowser had the massive yellow lettered anti-Trump protest message “Black Lives Matter” located a block from the White House paved over now that President Trump is no longer in the White House. Bowser had the two block long message painted on 16th Street NW in response to Trump’s taking control of D.C. streets to shut down liberals rioting and burning the nation’s capital last year. Bowser dubbed the site “Black Lives Matter Plaza.” The move comes a day after the Biden administration opened Lafayette Square to the public for the first time since the George Floyd riots.
What came to be called Black Lives Matter Plaza–located at 16th and H Streets NW just above Lafayette Square and the White House–was the scene of several arson fires set by insurrectionists the last weekend of May 2020 who took advantage of the reaction to the death of George Floyd in Minneapolis police custody to try to storm the White House. Dozens of Secret Service, Park and D.C. police officers were wounded in the riots by Antifa and Black Lives Matter terrorists. Arson fires were set at a federal building in Lafayette Square and the historic St. John’s Church, as well as nearby restaurants and office buildings. Attempts were also made to take down the equestrian statue of President Andrew Jackson in Lafayette Square.
Last week, the Gateway Pundit reported about the emergency meeting that was called by the Maricopa County Board of Supervisors, after the County was reportedly unable to provide passwords to the auditors performing an audit of the county’s 2020 Election results. They also did not provide access to the routers which were requested in the audit as well.
Breaking Update: Maricopa County deleted a directory full of election databases from the 2020 election cycle days before the election equipment was delivered to the audit. This is spoliation of evidence! pic.twitter.com/mY0fmmFXAm
— Maricopa Arizona Audit (@ArizonaAudit) May 13, 2021
Guess what: it's an undeniable fact now that the 2020 election was rigged in Arizona.
Maricopa County officials deleted a directory full of election databases right before the election equipment was delivered to the audit.
And now they deny they have the router passwords.
— Emerald Robinson ✝️ (@EmeraldRobinson) May 13, 2021
This afternoon, it was discovered that “the entire database” for the 2020 General election, showing the “Results Tally and Reporting,” has been deleted!
Here is the letter to Maricopa County Supervisor Chairman Jack Sellers from Arizona Senate President Karen Fann:
Dear Chairman Sellers:
I am writing to seek your assistance and cooperation in the resolution of three (3) serious issues that have arisen in the course of the Senate’s ongoing audit of the returns of the November 3, 2020, general election in Maricopa County.
I. Ongoing Non-Compliance with the Legislative Subpoenas
The first issue concerns Maricopa County’s apparent intent to renege on its previous commitment to comply fully with the legislative subpoenas issued on January 13, 2021, which, as you know, Judge Thomason found were valid and enforceable.
To date, attorneys for Maricopa County have refused to produce virtual images of routers used in connection with the general election, relying on a conclusory and unsupported assertion that providing the routers would somehow “endanger the lives of law enforcement officers, their operations, or the protected health information and personal data of Maricopa County’s citizens.”If true, the fact that Maricopa County stores on its routers substantial quantities of citizens’ and employees’ highly sensitive personal information is an alarming indictment of the County’s lax data security practices, rather than of the legislative subpoenas.
Similarly, the County’s assertion that producing the internet routers for inspection would cost up to $6,000,000 seems at odds with Deputy County Attorney Joseph La Rue’s prior representation to Audit Liaison Ken Bennett that the routers already had been disconnected from the County’s network and were prepared for imminent delivery to the Senate.
A tangible sign of Republicans’ discontent with the Biden administration’s management of the COVID-19 pandemic has emerged with a GOP-led effort to fire Dr. Anthony Fauci.
As the director of the National Institute of Allergy and Infectious Diseases, Fauci has served as a White House adviser on COVID-19 under President Joe Biden as well as former President Donald Trump.
A largely symbolic bill officially titled the Fauci’s Incompetence Requires Early Dismissal Act is being introduced by Republican Rep. Warren Davidson of Ohio.
The FIRED Act is scheduled to be introduced Wednesday.
The bill, which has little chance of passage in the Democrat-controlled House, seeks to impose a retroactive 12-year term limit on the job Fauci has held since 1984, which would effectively force his retirement.
“Few people have earned their termination more visibly,” Davidson said in a statement, according to Fox News.
“His excessively long tenure is emblematic of Eisenhower’s farewell address caution against scientific-technical elite steering the country for their own ends — at odds with truth and the national interest,” Davidson said.
The disciples were perplexed when, 40 days after Jesus’ resurrection, He ascended to heaven without restoring the earthly kingdom of Israel, a political victory they were certain was imminent.
Instead, Jesus left them with a mission: “You will receive power when the Holy Spirit has come upon you, and you will be my witnesses in Jerusalem and in all Judaea and Samaria and to the end of the earth” (Acts 1:8).
The disciples — now the leaders of the early Christian church — were reluctant to venture too far. It wasn’t until Stephen was martyred, and everyday Christians began facing intense persecution, that they scattered outside Jerusalem, as Jesus had commanded them, and the Gospel began spreading around the world (Acts 8).
Scripture has revealed the Gospel flourishes in unlikely circumstances.
A new peer-reviewed study published last month in the academic journal Sociology of Religion seems to suggest that phenomenon is just as present today.
A 35-year-old woman from Michigan has become one of the latest to have died after taking one of the three approved COVID-19 vaccines, this one manufactured by Johnson & Johnson, according to a local report.
Anne VanGeest passed away April 19 in Grand Rapids after suffering a subarachnoid brain hemorrhage, FOX 17 reported.
“It is with profound sadness that we share the news of Anne’s passing as the result of complications after receiving the Johnson & Johnson COVID-19 vaccine. Anne (Annie), who was 35, was a loving mother, wife, sister and daughter,” her family said in a statement.
