You cannot subsidize irresponsibility and expect people to become more responsible. Are we just going to overlook the fact Zuckerberg admitted that the FBI told Facebook they needed to censor posts during the election? To cover up the Hunter Biden laptop story?
FBI had the Hunter Biden laptop in 2019. They hid it and refused to take action. That is the ONLY reason the whistleblower sends the hard drive to media outlets. FBI then called it Russian disinformation, a lie, and ordered it suppressed.
So a federal government agency convinced a private company to shadow ban a story that turned out to be true and had massive implications on a presidential election. This should worry everyone. A company that hides under the protection of section 230 was used by a branch of our own government to hide information that might have altered the results of our elections. We don’t know exactly what the laptop story is, but that doesn’t matter. The bigger story is the national security state intervened in our 2020 election. That’s the story.
BREAKING: FEDERAL JUDGE SLAMS MAR-LAGO RAID
Note: There is no such thing as student load ‘forgiveness’. Also, will I be getting a picture of the kid whose loan I’m paying? Why didn’t they cancel medical debt for cancer patients, since education is a choice but cancer is not???
How can a president single-handedly blow over half a trillion dollars without Congress voting on it, and without oversight? Biden’s student loan payoff is vote buying—plain and simple. This does nothing to fix the cost of higher education. On the bright side, there’s finally relief for graduates of Harvard Law School.
Americans who paid off student loans or never borrowed for school just took on $300 billion in new debt, thanks to Biden’s bribe. The fact is that a great number of people went to college primarily for the “social experience.” Now working-class people will have to pick up the tab for their four years of partying. It’s obscenely unjust. Last year, Jen Psaki said that Biden could only cancel student debt if Congress passes a bill.
The winners: Harvard is sitting on top of a $54 BILLION hedge fund they call an “Endowment” that they pay zero taxes on.
If you think working-class people should be made to foot the bill for grad students who don’t want to pay their debts, please never talk about “justice” or “fairness” or “equity” ever again.
Student debt forgiveness disproportionately benefits the upper class. Let’s hear it for white supremacy! Top Biden advisor Susan Rice says Biden’s student loan debt bailout “is not a giveaway to rich people.”
FACT: 73% of the canceled debt will go to households in the top 60% of the income distribution.
Yale has $31 Billion. Stanford $29 Billion. Princeton $26 Billion.
“Elite” Schools sit on a goldmine but the Middle Class will foot the bill for Student Loan Forgiveness…What changed?
Student debt cancellation will:
Cost $400 to $600 billion
Wipe out Inflation Reduction Act savings twice over
Add up to a quarter point to inflation
Benefit MDs, JDs, and MBAs
Drive up tuition costs
Increase risk or recession
What’s progressive about a hairdresser or a waitress without a degree paying, through their taxes, the student loan of someone earning more than them with a degree?
Great job, folks. Biden is out here just straight-up buying votes. GOP lost Georgia by opposing stimulus checks. There’s a lesson in that.
Beat the dead horse: It will raise tuition, increase inflation, and add to the liberal corruption we see in government. Harvard has a $42 billion endowment, but Biden will tax truck drivers and plumbers to pay the student loans that propped these places up. Oy-vey.
“Folks, we are stronger today than we were a year ago.” Joe Biden. Actually, the 13 soldiers that died from a suicide bombing during Biden’s cut and run would probably disagree.
The DOJ confirmed today that Joe Biden’s daughter wrote in a diary about how he took inappropriate showers with her when she was a kid and may have molested her. Do any of you care? Wait, so if Ashley Biden’s diary is real, doesn’t that mean we have a pedophile for a president?
The story: The woman found an abandoned book in a home she was renting and now she is being treated like a federal criminal for disclosing the contents of that book because it makes the Bidens look bad.
Even if the woman “stole” Ashley Biden’s diary (which she did not. Biden left property behind in a home she vacated and the new tenant took possession.), why is it a federal felony? If anything that’s a local misdemeanor at best. The FBI raid proves the diary is real.
NEW YORK (AP) — Unvaccinated Novak Djokovic is out of the US Open because he can’t travel to the United States. Meanwhile, one of the top sponsors of the US Open is Moderna.
Fauci had a “rare” rebound after Paxlovid and got COVID again.
Joe Biden had a “rare” rebound after Paxlovid and got COVID again.
Jill Biden had a “rare” rebound after Paxlovid and got COVID again.
I understand why those who cheer-led for lockdown would like the subject closed.
It must be excruciating to think you are partly responsible for the avoidable deaths of tens of thousands of people. And a recession that will blight the lives of millions more.
Nate Silver: ‘Liberal elites’ pressured Pfizer to delay vaccine until after 2020 election.
CDC data: 99.1% of US monkeypox cases are in men, of whom 99% reported “male to male sexual contact.” The pandemic of the unvaginated.
NEW – French President Macron proclaims the “end of abundance,” and cites sacrifices to “defend freedom.” The Great Reset is on schedule.
Paul Plante says
I’ve been on the globe a touch more than 3/4 century, including living through the Joe McCarthy WITCH HUNT years, and the sixties, the VEET NAM times and all the riots, and never in my life in all that time have I encountered such a situation as exists now, where we have a hate-filled, senile old fool sitting in the Washington white house, posing as an American president while “transforming” OUR nation’s economy from a market economy to a centrally planned economy or command economy where like in Russia or China, Joe’s centralized government controls the means of production, and major economic decisions are made by Joe’s government, while transforming the role of president, as we clearly see in this following from Joe’s Remarks by President Biden At Signing of H.R. 5376, The Inflation Reduction Act of 2022 on August 16, 2022, as follows:
You know, I swore an oath of office to you and to God to faithfully execute the duties of this sacred office.
To me, the critical duty — the critical duty of the presidency is to defend what is best about America.
And that’s not hyperbole.
Defend what’s best about America.
To pursue justice, to ensure fairness, and to deliver results that create possibilities — possibilities that all of us — all of us can live a life of consequence and prosperity in a nation that’s safe and secure.
That’s the job.
end quotes
That’s the job?
In what world?
Because according to OUR Constitution, the one that was flushed down the toilet by Nancy Pelosi and here Democrats on 6 January 2021 when they appointed Joe Biden president, in Article II, the Constitution vests the power of the Executive Branch in the President, which power gives the President the responsibility to implement and execute the laws of the land:
Article II, Section 3
He shall from time to time give to the Congress Information of the State of the Union, and recommend to their Consideration such Measures as he shall judge necessary and expedient; he may, on extraordinary Occasions, convene both Houses, or either of them, and in Case of Disagreement between them, with Respect to the Time of Adjournment, he may adjourn them to such Time as he shall think proper; he shall receive Ambassadors and other public Ministers; he shall take Care that the Laws be faithfully executed, and shall Commission all the Officers of the United States.
end quotes
But, hey, people, we are at a point of inflection in a time of transition where Joe Biden and the Democrats know beyond a shadow of a doubt, even if we don’t, that we truly need Joe Biden not only as an autocrat in the United States of America, but more than that, the autocrat of the world, because at this inflection point in history, it is very apparent to everybody that democracy in the United States of America does not work anymore, precisely because democracy requires consensus, which in today’s polarized country, where the hate-filled Joe Biden considers a majority of the citizens to be “DREGS OF SOCIETY,” is not going to happen, so that Joe Biden wasting time trying to muster consensus simply takes too long in this fast-moving world, where Joe Biden intends to win the RACE FOR THE 21st CENTURY, which makes it clear to a blind man that only autocracies today are equipped to meet the extraordinary challenges of modern times, which is why God blessed us with Joe Biden as our autocrat to lead us forth into a grand and glorious future of his making, with Joe Biden’s Washington, D.C. being seen by all the world and us too as a SHINING CITY ON A HILL because it is the CITY OF JOE, so it was the right thing to do to scrap OUR Constitution and replace it with one that is inside Joe Biden’s head as our autocrat, which is to say, dictator!
And talk about idiotic garbage spewing forth from DICTATOR Biden, who tells us that he believes in the very soul of this nation, consider this horsecrap from Joe’s chief propagandist, from straight out of Orwell’s “1984,” in the Reuters story “MAGA Republican actions fit ‘definition of fascism,’ White House says” on August 26, 2022, to wit:
Aug 26 (Reuters) – The actions of some Republicans allied to former President Donald Trump fit the definition of fascism, White House spokeswoman Karine Jean-Pierre told reporters on Friday, a day after President Joe Biden said they edged toward “semi-fascism.”
“I was very clear when laying out and defining what MAGA Republicans have done and you look at the definition of fascism and you think about what they’re doing in attacking our democracy.”
“… That is what that is.”
“It is very clear,” Jean-Pierre told a press briefing.
end quotes
As to Karine, who sounds even more stupid than her boss, having worked for years in prestigious political and government positions, and possessing several supplemental income streams, her estimated net worth rests at between $1-$2 million, and according to the 2021 Annual Report to Congress on White House Personnel, as the deputy assistant to the president and principal deputy press secretary and senior adviser, Jean-Pierre’s salary was $155,000 per year, and she has gotten a bump in pay upon taking over Psaki’s assistant to the president and press secretary roles and will make $180,000 a year, which places her among the most highly compensated staffers in President Biden’s administration.
And she talks like an idiotic moron for that money!
Semi-fascism?
That is so stupid, which takes us to another Reuters story titled “Biden asks Republicans to shun ‘MAGA’ in November, vote Democrat” by Steve Holland on August 26, 2022, where we had this burst of pure Joe Biden hate, as follows:
ROCKVILLE, Md., Aug 25 (Reuters) – U.S. President Joe Biden had harsh words to describe Trump-allied Republicans on Thursday, as he held his first political rally in the run-up to November elections, accusing the group of embracing violence and hatred, and saying they edged toward “semi-fascism” at an earlier fund-raising stop.
end quotes
Yes, people, semi-fascism, which has never existed anywhere in the world before this time, yet exists now, right here in the United States of America, where your neighbors, or maybe people in the Kiwanis or JC’s or Rotary Club may in fact be closet semi-fascists waiting for the right moment to steal our sacred democracy from right beneath your feet while you are sleeping, thinking that as senile old fool like Joe Biden is going to somehow keep you safe from this conspiracy to impose semi-fascism here in America in place of our sacred democracy, the only real sacred democracy in the entire history of the world to date.
And this stupidity, which seems to come from a bottomless well of REAL STUPID that is accessible only to Joe Biden and his rabid pack of Democrats, goes on and on and on as we see from the following:
EXHIBIT A:
CNBC
“President Biden unveils his $2 trillion infrastructure plan – here are the details”
Jacob Pramuk @jacobpramuk
Published Wed, Mar 31 2021
President Joe Biden unveiled a more than $2 trillion infrastructure package on Wednesday as his administration shifts its focus to bolstering the post-pandemic economy.
“These are investments we have to make,” Biden said of revamping U.S. infrastructure.
“We can afford to make them.”
“To put it another way — we can’t afford not to.”
The administration hopes to build or rehabilitate 500,000 homes for low- and middle-income Americans and replace all lead pipes in drinking-water systems.
EXHIBIT B:
Full transcript from President Joe Biden’s address to a joint session of Congress on 28 April 2021
We’re in a competition with China and other countries to win the 21st Century.
We have to do more than just build back.
We have to build back better.
Today, up to 10 million homes and more than 400,000 schools and child care centers have pipes with lead in them, including for drinking water.
A clear and present danger to our children’s health.
The American Jobs Plan creates jobs replacing 100% of the nation’s lead pipes and service lines so every American, so every child – can turn on the faucet and be certain to drink clean water.
EXHIBIT C:
Associated Press
“Some cities could be left behind on lead pipe replacements”
By Michael Phillis
26 August 2022
There are millions of lead pipes in the ground, installed decades ago, that carry tap water to homes and businesses.
Some places like Madison and Green Bay, Wisconsin, have managed to remove theirs.
But it’s an expensive problem and historically there’s been little federal funding to address it.
“The lack of resources has been a huge issue,” said Radhika Fox, head of the Environmental Protection Agency office of water.
President Joe Biden signed an infrastructure bill last year that finally provided a big boost, allocating $15 billion over five years to assist communities with lead pipes.
It’s not enough to solve the problem, but will help.
Communities that avoid the issue or wait too long may not be eligible.
“If you don’t get your act together and you don’t submit an application, you’re not going to get the money,” said Erik Olson of the Natural Resources Defense Council.
end quotes
So much for Joe’s blather about “the American Jobs Plan creates jobs replacing 100% of the nation’s lead pipes and service lines so every American, so every child – can turn on the faucet and be certain to drink clean water,” but who, besides empty-heads, believes a single word that Joe Biden says?
And as to student loans, we have this from Reuters, to wit:
“White House says one-time loan forgiveness is on sound legal and fiscal footing”
By Alexandra Alper
August 26, 2022
Biden said on Wednesday he would forgive $20,000 in student loan debt for borrowers who went to college on Pell Grants, and would forgive $10,000 for those who did not receive Pell Grants.
end quotes
Welcome to a brave new world, people, and if it seems stupid and ridiculous to you, that is because it is!
Thank you, Nancy Pelosi, which concludes this post as follows:
The Washington Examiner
“Paul Pelosi benefits big with PPP forgiveness, company won’t repay millions”
By Luke Gentile
22 August 2022
Paul Pelosi, the husband to House Speaker Nancy Pelosi (D-CA), is linked to a company that saw millions in loans forgiven through the Paycheck Protection Program.
Pelosi, who made headlines last month after crashing his Porsche before failing a sobriety test, has a reported 8.1% share in EDI Associates.
EDI Associates, a restaurant-based company, will not have to repay two loans worth a total of $1.7 million in federal government loans, according to the report.
The two loans totaled $711,708 and $996,392, respectively, and both loans were forgiven.
Paul Plante says
The Washington Examiner
“Fascism is anything Democrats don’t like”
Opinion by Kaylee McGhee White
27 August 2022
One would think the Democrats might have learned from Hillary Clinton’s 2016 mistake and avoided insulting half the voters they’re supposed to win over as stupid, undemocratic buffoons.
But that would require them to first stop thinking of half the electorate as morons who have a soft spot for totalitarianism — which is, apparently, too much to ask.
President Joe Biden (good ole’ Uncle Joe, remember him? The guy who promised to restore civility and decency and normalcy to the Oval Office?) wants you to know you’re a “semi-fascist” if you voted for former President Donald Trump instead of him.
It’s not clear whether Biden actually knows what fascism is since, these days, he can’t be relied upon to know whose hand he shook within a two-minute time frame.
But this is the definition he’s running with: “What we’re seeing now is either the beginning or the death knell of an extreme MAGA philosophy,” he said on Thursday.
“It’s not just Trump; it’s the entire philosophy that underpins the — I’m going to say something, it’s like semi-fascism.”
When asked to explain what Biden meant by “semi-fascism,” White House press secretary Karine Jean-Pierre went a step further and attributed the label to the entire Republican Party.
“So what we’re seeing from Republicans, and what we have seen from Republicans these past several years is that they are attacking our democracy,” she told CNN.
“They are taking away our freedom.”
“That’s what we are seeing … and that is what we are trying to prevent.”
There’s no question both sides of the political aisle are drawn to hyperbole and exaggerations, but this is ridiculous.
Though fascism itself is a term that has been debated ever since Benito Mussolini and Adolf Hitler rose to power, it is easy to say what fascism is not: It is not an ideology that advocates robust free speech and religious rights for all people, which conservatism does.
It is not a political party that supports giving voters the power to decide abortion restrictions in their states, which the GOP does.
It is not a movement that opposes draconian uses of federal power, such as sweeping COVID-19 vaccine mandates and costly student loan debt forgiveness, which conservatism does.
And it is definitely not a political party that protests the weaponization of key institutions like Big Tech and the FBI against political dissidents, which the Republican Party does.
As George Orwell put it, “the word fascism has now no meaning except in so far as it signifies ‘something not desirable.’”
For Democrats, fascism simply means anything they don’t like, and anything that might possibly threaten their control over the governing establishment.
It’s impossible to know who Biden thinks he’s going to win over with this position — besides maybe the talking heads at MSNBC who pull a Jeffrey Toobin every time the words “Trump” and “fascism” appear in the same sentence.
It seems more likely that Biden has decided he has nothing left to lose.
Biden has now become the most unpopular president in modern history, and everyone knows he’s not running again in 2024, no matter what the White House says.
We’re only two years into his presidency, and even a majority in his own party thinks the country is headed in the wrong direction.
Biden is tired of being president, but he’s even more tired of the people who don’t want him to be president.
They are, after all, “semi-fascists” whose views don’t deserve the slightest bit of consideration.
Paul Plante says
And that is a real slick, sure-fire way to win elections for the Democrats that they are doing with that “semi-fascist” horse**** now that “ULTRA-MAGA” isn’t getting any traction!
Do like Hitler and Stalin and Idi Amin and Saddam Hussein and Zelensky in Ukraine have done, and simply outlaw the competition.
Hey, they are semi-fascists, afterall, so who knows what evil they are capable of, so it is best to crush them now, because they get too strong and steal not only our precious democracy, but the soul of America, as well.
Afterall, when faced with rampant semi-fascism, it is the right thing to do.
Stuart Bell says
The average cost of student debt, when averaged out, is about $33,000.00 per student. Over the last 20 years the students that I have known, borrowed enough money to pay more than just tuition. I know kids that refused to work and borrowed enough to live for four years.
I will not pay for anyone’s liberal, brainwashed college educations. In fact I would like to see them take a test 9 months after they graduate to see if they really learned anything.
I will never pay reparations to negroes who were never slaves either.
Publius Americanus says
Hear! Hear!!
Paul Plante says
Chasten Buttigieg, the husband of Joe Biden’s transportation secretary Peter, and the father of his children, came to the marriage bed, as the old saying goes, heavily laden with student debt, which debt Peter had to assume as a part of the marriage bargain.
The question then becomes one of did Joe Biden forgive any of the student debt of either Peter or husband Chasten?
Has anyone heard anything on that, one way or the other?
It is no secret of course, that Peter is burdened by Chasten’s student debt.
In fact, the dude was quite vocal and somewhat catty about student debt when Joe restarted the payments thereof, as we see in an ABC 7 article entitled “Buttigieg’s husband complains about Biden admin restarting his student loan payments” by Alec Schemmel on December 13th 2021, where the nation and the candid world all heard Chasten’s wails of fiscal misery on the subject of Chaten having to actually pay bvack money he borrowed (OH, THE HUMANITY, OH, THE INJUSTICE, and yes, I had student l9oans and had to pay back every penny plus interest, or else) as follows:
WASHINGTON (TND) — The husband of U.S. Department of Transportation Secretary Pete Buttigieg took to social media over the weekend to complain about his impending student loan payments.
Chasten Buttigieg, who recently adopted two newborn twins with the transportation secretary, appeared to complain on social media about the Biden administration restarting his student loan payments.
Previously, President Joe Biden had put a freeze on federal student loan payments due to COVID-19.
“LOL no thank you Merry Christmas next,” Chasten Buttigieg wrote in an Instagram post including a screenshot of a notification telling him his student loan payments would resume on Jan. 31.
“Chasten doesn’t appear to be a fan of the Biden admin’s plan to restart student loan payments next month,” tweeted Politico reporter Michael Stratford.
Chasten Buttigieg’s latest comment comes a few months after he was criticized for complaining about the housing prices in Washington D.C.
“These are the guys who complained that they couldn’t afford rent in DC on Pete’s $220K salary (and all their money from writing books),” Republican strategist Matt Whitlock said of Chasten’s post.
“A good reminder that the left’s ‘cancel student loan debt’ goal would overwhelmingly help financially comfortable people.”
Progressive “squad” member Rep. Rashida Tlaib, D-Mich., had a similar slip-up recently when, seemingly on accident, she helped prove why federal student loan bailouts would largely benefit the wealthy.
“For almost four years, Rep. Tlaib has been making an annual salary of $174,000 as a House member.”
“But she wants the rest of us to chip in to pay off her law degree,” tweeted Michele Perez Exner, a communications coordinator for House Minority Leader Kevin McCarthy, R-Calif.
“She’s a perfect example of why we shouldn’t forgive student loans.”
“She makes 175,000 a year and wants the tax payer [sic] to assume her debts?” tweeted author and commentator Matt Walsh.
“Student loan forgiveness is upper class [sic] welfare.”
end quotes
So, did Joe Biden hear Chasten’s plea for quarter?
Will he heed it?
Did he heed it?
And if he did, what are the chances of him telling us so, and bragging about how it was the right thing to do?
Paul Plante says
FASCISM: a one party system of government in which each class has its distinct place, function, and representation in the government, but the individual is subordinated to the state and control is maintained by military forces, secret police, rigid censorship, and governmental regimentation of industry and finance.
– Reader’s Digest Great Encyclopedic Dictionary
So with that definition in hand, who really is the fascist here?
Who is it that right now is trying to impose fascism on us as he literally takes over and imposes governmental regimentation of industry and finance?
It’s Joe Biden, isn’t it?
He calls the Republicans “semi-fascists” because when it comes to imposing the REAL DEAL FASCISM on the American people, more than half of whom Joe dismisses as “DREGS OF SOCIETY,” NOBODY can hold a candle to Joe Biden!
Paul Plante says
Ultranationalists (Joe Biden) often use propaganda (semi-fascism) to manipulate strong human emotions – especially fear and insecurity – and persuade people to behave in certain ways (vote against Republicans).
Propaganda refers to information and ideas that are spread to achieve a specific goal.
The information and ideas are often misleading and may be dishonest.
Paul Plante says
Jean-Pierre: MAGA Republicans Are Fascists
https://www.youtube.com/watch?v=gPEP86Mtye8
Paul Plante says
And talk about madness and insanity in a time of Joe Biden, the Democrats have just handed Joe several TRILLION DOLLARS of new money in a time of high inflation so Joe can create all kinds of high-paying new jobs with it to grow his economy from the bottom up and the middle out, which is a real stupid saying along the lines of “build back better.”
Which takes us to a Bloomberg article titled “Powell Must Reinforce His Words With Actions – The Federal Reserve chair finally got his message across. Now comes the hard part” by Bill Dudley on August 29, 2022, where we have the other side of that, picture, to wit:
Federal Reserve Chair Jerome Powell has finally delivered his message loud and clear: To get inflation under control, the central bank intends to push interest rates higher, and keep them there longer, than markets had expected.
In his speech at the annual Jackson Hole economics conference, Powell defined the problem concisely: The labor market is too tight, and inflation is too far above the central bank’s 2% target.
He was also candid about the required response: Make monetary policy tight enough for long enough to be sure that inflation will fall back to 2% and remain there — an “unconditional” policy that will inflict “pain” on households and businesses.
As Powell warned, interest rates and unemployment will need to be significantly higher, and the path back to target inflation will be longer.
end quotes
What a whacky world Joe Biden is dishing us up here.
His lackey in the fed, Powell, who Joe tells us to trust, says the labor market right now is too tight, so his policy is to cause unemployment.
In the meantime, what does Joe want to do?
You got it – spend federal government money creating jobs at the same time Powell is trying to kill jobs.
And if that isn’t insane, nothing will ever be.
Paul Plante says
Reuters
“Biden approval falls, holding near low end of his presidency, Reuters/Ipsos finds”
By Jason Lange
August 30, 2022
WASHINGTON, Aug 30 (Reuters) – U.S. President Joe Biden’s public approval rating fell modestly this week, a poor sign for his Democratic Party’s hopes in the Nov. 8 midterm elections, according to a Reuters/Ipsos opinion poll completed on Tuesday.
The two-day national poll found that 38% of Americans approve of Biden’s job performance.
Paul Plante says
According to the psychology texts, cognitive dissonance is the state of having inconsistent thoughts, beliefs, or attitudes, especially as relating to behavioral decisions and attitude change, and it seems there is a good deal of that going around in Washington. D.C. right now, as we see from the following,
On the one hand, here is Joe Biden’s take on reality, keeping in mind that the reality of Joe Biden doesn’t really exist anywhere on earth but inside his head:
EXHIBIT A:
THE WHITE HOIUSE
FACT SHEET: The Inflation Reduction Act Supports Workers and Families
AUGUST 19, 2022
By signing the Inflation Reduction Act, President Biden is delivering on his promise to build an economy that works for working families.
President Biden is the most pro-worker, pro-union President in history, and the Inflation Reduction Act builds on that legacy.
President Biden and Congressional Democrats beat back special interests to pass this historic law that lowers costs for families, creates good-paying jobs for workers, and grows the economy from the bottom up and the middle out.
It’s the most aggressive action on tackling the climate crisis in American history, which will lift up American workers and create good-paying, union jobs across the country.
The Inflation Reduction Act creates good-paying union jobs that will help reduce emissions across every sector of our economy.
***************************************
And on the other hand, here is the other side of reality that seems to clash with the reality of Joe Biden:
EXHIBIT B:
Reuters
“TREASURIES-U.S. yields hit new highs amid continued inflation fears”
By Davide Barbuscia
AUGUST 30, 2022
NEW YORK, Aug 30 (Reuters) – U.S. Treasury yields edged higher on Tuesday, reversing an early morning rally after a sharp rise in job openings added to investor worries about the Federal Reserve’s aggressive monetary tightening measures.
Demand for labor showed no sign of cooling as data showed U.S. job openings rose to 11.239 million in July, which could keep the Fed on its aggressive monetary policy tightening path.
EXHIBIT C:
Reuters
“Wall St closes down for 3rd straight session on Fed rate hike worry”
By Chuck Mikolajczak
August 30, 2022
NEW YORK, Aug 30 (Reuters) – U.S. stocks closed lower for a third straight session on Tuesday as a rise in job openings fueled fears the U.S. Federal Reserve has another reason to maintain its aggressive path of interest rate hikes to combat inflation.
Labor demand showed no signs of cooling as U.S. job openings rose to 11.239 million in July and the prior month was revised sharply higher.
“They have to weaken the labor market and how are they going to do that – they are going to jam rates and make things so expensive that people are going to pull back, demand is going to fall off, and people are going to get laid off,” said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.
************************************************
So on the one hand, we have the bozo Biden pledging to create all kinds of new, high-paying jobs, and on the other hand, at the very same time, his lackey in the fed, Jerry Powell, is trying to weaken the job market, which seems to cut right across Joe’s plans to strengthen the job market, with more federal money being spent to do so.
So who is suffering from cognitive dissonance here?
Biden?
Powell?
Or the both of them?
Paul Plante says
What a clown show we have going on here as Joe Biden’s lackey in the fed fights tooth and nail to reduce the inflation Joe’s whacked-out policies are creating by loading up the economy with more and more federal dollars that Joe doesn’t believe cause inflation, as if that fool would even have a clue:
Reuters
“U.S. labor market defies interest rate hikes as job openings rise high in July”
By Lucia Mutikani
August 30, 2022
WASHINGTON, Aug 30 (Reuters) – U.S. job openings increased in July and data for the prior month was revised sharply higher, pointing to persistently strong demand for labor that is giving the Federal Reserve cover to maintain its aggressive interest rate increases.
The Fed is trying to cool demand for labor and the overall economy to bring inflation down to its 2% target.
Fed Chair Jerome Powell warned last week that Americans were headed for a painful period of slow economic growth and possibly rising unemployment as the U.S. central bank aggressively raises interest rates in a bid to bring supply and demand back into balance.
Paul Plante says
Fox News
“FBI agent accused of political bias, suppressing Hunter Biden laptop leaves the bureau”
By Bradford Betz and David Spunt
29 August 2022
An FBI agent who was accused of bias in handling the investigation into Hunter Biden’s laptop has resigned.
FBI Assistant Special Agent in Charge Timothy Thibault is no longer with the bureau, Fox News has learned.
Thibault retired over the weekend, according to a source familiar with the matter.
He was walked out of the building on Friday, which is standard procedure, per the source.
Thibault’s name has been in the news for his alleged bias and allegations that he tried to run interference in the Hunter Biden investigation.
Thibault was named by Senate Judiciary ranking member Chuck Grassley in a July 18 letter to FBI Director Christopher Wray and Attorney General Merrick Garland. Grassley cited whistleblowers who alleged a pattern of political bias from high-ranking officials, including Thibault.
“As you are aware, Assistant Special Agent in Charge Tim Thibault is not the only politically biased FBI agent at the Washington Field Office,” Grassley wrote.
He added that “the FBI answers to Congress and the American people.”
Paul Plante says
FLASH NEWS!!!!!!!!!!!!!!!!
STOP THE PRESSES!!!!!!!!!!!!
IT’S WAR!
BIDEN DECLARES WAR ON THE AMERICAN PEOPLE!
FLANKED BY U.S. MARINES, A STERN JOE BIDEN DECLARES THAT THE GRAVEST THREAT TO AMERICA IS THE AMERICAN PEOPLE!
VOWING TO CRUSH THE EXISTENTIAL THREAT THE AMERICAN PEOPLE REPRESENT TO THE SOUL OF AMERICA FOREVER, BIDEN SAID READYING A HUGE NAVAL ARMADA TO SEAL THE BORDERS OF AMERICA LEST ANY OF THE AMERICAN PEOPLE ESCAPE HIS PURGE WHILE HIS MARINES STAGE SIMULTANEOUS AMPHIBIOUS LANDINGS ON BOTH COASTS AT ONCE IN AN OPERATION THAT WILL MAKE D-DAY LOOK LIKE SMALL POTATOES IN COMPARISON TO ESTABLISHY A BEACHHAED FOR JOE’S SPECIAL OPERATION TO SAVE THE SOUL OF AMERICA FROM THE AMERICAN PEOPLE.
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Paul Plante says
And while Joe is declaring war on more than half the people in America who do not drink Joe Biden KOOL-AID and who do not believe Joe is taking the nation in a way the people of the nation do not want it going, at the same time, to insult us further, Joe, who himself never went to war for America, being too special himself for such mundane things, is flying the AMERICAN FLAG, OUR flag, the flag that was carried into battle against the British in our rebellion against British despotism, at half-staff for a dead BRITISH QUEEN, this after flying OUR flag, the same flag that was carried into battle against the Japanese in WWII, at half staff for Abe, a dead Japanese politician.