BOOM, BUST: Wholesale prices rise record 8.6% …

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Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was first calculated in 2010. The Labor Department reported Thursday that the monthly increase in its producer price index, which measures inflationary pressures before they reach consumers, was 0.5% for September compared to a 0.7% … Read more

Shoplifting skyrockets in NYC…

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For Lattina Brown, what she saw, or rather, what she didn’t see on the empty shelves of a drug store near her Bronx home shocked her. “I went into my local pharmacy to purchase some vitamins and when I walked into the pharmacy, I noticed that the shelves were like completely empty and I asked … Read more

Federal buildings breached by activists Thursday with no response from Democrats

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Climate protesters are pushing police, trying to force their way into the Department of the Interior where other activists have made it inside in an attempt to occupy the building. pic.twitter.com/IVhvPdTAYu — Ellie Silverman (@esilverman11) October 14, 2021 WASHINGTON — On Thursday, multiple federal buildings in Washington, DC were either occupied or were attempted to … Read more

Supreme Court Commission backfires on Biden…

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On the eve of a public hearing, President Joe Biden’s commission released a series of reports on various proposals to reform the Supreme Court. The report appeared to reject the idea of expanding the court, receptive to term limits for justices, and proposed confronting the so-called “shadow docket” with increased transparency. Setting out explicitly to … Read more

ADVICE FOR YALE LAW SCHOOL:

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“Sorry, but if you’re triggered by the Federalist Society, you don’t belong on a law school campus. … These students may be among the best and brightest, but they also need to do some growing up.” That’s doubly true if you’re a law school administrator like Ellen Cosgrove and Yaseen Eldik. Related: David Lat: The Latest … Read more

DO YOU BELIEVE INFLATION IS 5.4%?

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by Jim Quinn When the things you need to live your life on a daily basis are going up in excess of 10% and your government is saying they are going up at 5.4%, how do you feel? Senior citizens living off their meager savings are getting .15% on their money market accounts due to … Read more

California’s decision to end single-family suburban zoning is doubling property prices almost overnight.

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California's decision to end single-family suburban zoning is doubling property prices almost overnight. https://t.co/FuGiTIaNNZ — Breitbart News (@BreitbartNews) October 15, 2021 California’s decision to end single-family suburban zoning is doubling property prices almost overnight, according to the New York Times. The decision to end single-family zoning was made to help provide lower-cost housing for millions of … Read more

The Corrupt World Of The Central Banks

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by Shaun Richards We live in an era where central bankers have taken centre stage in economic policy. There has been a clear shift as elected politicians have stepped back and unelected technocrats have picked up many of the reins. Some of this is not a little incestuous as politicians spending promises benefit from the … Read more

Putin Praises Crypto As Possible ‘Weaponized’ Dollar Replacement

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Update (0920ET): Morgan Stanley CEO James Gorman piled on the mockery of JPMorgan’s CEO Jamie Dimon’s dismissal of crypto by stating on this morning’s earnings call that “We’re not directly trading crypto” for retail clients but: “I don’t think crypto’s a fad. I don’t think it’s going to go away. I don’t know what the value … Read more

SEC is likely to allow the first U.S. Bitcoin futures ETF to begin trading next week, in what would be a watershed moment for crypto

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Bloomberg (via Yahoo Finance), Released on 10/14/21 The Securities and Exchange Commission is poised to allow the first U.S. Bitcoin futures exchange-traded fund to begin trading in a watershed moment for the cryptocurrency industry, according to people familiar with the matter. The regulator isn’t likely to block the products from starting to trade next week, … Read more

The federal government is stepping in to help fight the growing crime in Greater Houston. Chicago next?

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HOUSTON, Texas (KTRK) — In an illustration of how violent offenders in Houston are being prosecuted to the oft-mentioned fullest extent, the U.S. Attorney’s Office in Harris County announced federal arrests of suspects, many with prior convictions, across an assortment of cases, including the detainment of three people on Thursday in a deadly narcotics robbery. … Read more