Inflation surged in May to almost 5%, with consumer prices accelerating at the fastest pace in more than 12 years, right before the 2008 GFC.

by

Inflation surges as consumer prices leap 5%, biggest jump since 2008 – https://nypost.com/2021/06/10/inflation-surges-as-consumer-prices-leap-5-biggest-jump-since-2008/ Inflation continued to surge in May, with consumer prices accelerating at the fastest pace in more than 12 years as the economy emerges from the pandemic, the feds said Thursday. The Labor Department’s Consumer Price Index, which measures a basket of goods … Read more

Airlines see unprecedented rise in disruptive passengers. It could get even worse… DELTA crew subdue unruly man on Atlanta-bound flight

by

Airlines have seen an unprecedented rise in disruptive passengers. Experts say it could get worse. The headlines had barely faded after a Southwest passenger reportedly knocked out a flight attendant’s teeth during an in-flight altercation when the next high-profile example of bad airline behavior emerged. A man was arrested last week after allegedly banging on … Read more

Next, Worse Global Crisis Coming July 9? Cyberattack Simulation Turns Into The Real Thing?

by

by David Morgan of The Morgan Report Watch World Economic Forum’s Next Move The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. Watch this video on Watch World Economic Forum’s Next Move, then please share with … Read more

What the Next Gold Confiscation Will Look Like… and How to Protect Yourself

by

by Nick Giambruno via International Man On April 5, 1933, under the pretext of a national emergency, President Franklin D. Roosevelt issued Executive Order 6102, making it illegal for U.S. citizens to own gold. The decree forced Americans to sell their gold at an artificially low “official price.” If they refused, the government could hit them … Read more

BORIS IS MILKING THE SOFT POWER DIVIDEND OF THIS MOMENT:

by

Boris Johnson Says G7 Countries Must ‘Build Back Better’ In A ‘Greener,’ ‘More Gender Neutral,’ And More ‘Feminine’ Way. I’m so old, I can remember when Johnson was still a Tory. How does he square the circle between stock phrases, “more gender neutral,” and more “feminine?” More importantly, how does Boris utter this sort of … Read more

Loudoun County Eighth-Grade Girl Defends Her Right Not To Change In Front Of Boys

by

No more can be said than….AND RIGHTLY SO!!! Fourteen-year-old Jolene Grover went to a school board meeting wearing a “Woman is Female” t-shirt to call out her district for prioritizing “boys’ wants over girls’ needs” in its new transgender policies. The eighth-grader joins teachers and parents in fighting Loudoun County, Virginia’s proposed policies that would … Read more

DAMMIT! We hate to admit it but The Hill just came up with the greatest zinger of them all for Jeffrey Toobin:

by

via twitchy: "CNN insults #MeToo movement, provides happy ending for Jeffery Toobin" (@TheHillOpinion) https://t.co/03Axo0XIMF pic.twitter.com/Y3mzN6qHlb — The Hill (@thehill) June 11, 2021   JIM TREACHER: CNN Gives Jeffrey Toobin Another Whack at It — Obviously he’s got some pull. An unnamed CNN executive told WaPo: “I don’t think that one terrible mistake should define a person or ruin their … Read more

Restaurant Prices Rising as Food Costs Soar

by

Watch the latest video at foxbusiness.com Diners may be seeing substitutions on menus as inflation continues to send food prices soaring, industry experts anticipate. Meat prices continue to rise with the price of beef and veal up 3.3% from April 2020, according to data released by the Bureau of Economic Analysis. The price of pork … Read more

When used car prices supersede new car price…you might be in a bubble

by

when used car prices supersede new car price…you might be in a bubble https://t.co/IHPl1PmXy1 — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) June 11, 2021 https://twitter.com/NorthmanTrader/status/1403439210665754628 Annualized core inflation pic.twitter.com/VRvYSVbLKY — zerohedge (@zerohedge) June 11, 2021 https://twitter.com/NorthmanTrader/status/1403419866191831042 #Inflation spike is transitory! #Lumber has peaked and will crash much lower. #Commodities tell us that #Deflationary pressures are strong … Read more

Australia’s Business Confidence Hits a Record High: A Bullish Sign?

by

Back in 2008, during the global financial crisis, business confidence in Australia took a hard tumble. Curiously, that low marked the start of a multi-year rally in the ASX 200. Watch our Asian-Pacific expert show you the latest position of the Aussie business confidence index and hint at the implications. Learn more: https://www.elliottwave.com/ElliottWa…  

Will These Crybabies Crash the Market?

by

Image by Александра Туркина From Birch Gold Group The last time the Fed was noticeably hawkish was back in August 2018. Starting October 3 of that year, the market imploded (you might remember the Dow losing 5,000 points). Now there could be a “second verse same as the first.” According to CNBC, the Fed appears to be preparing markets to … Read more

George Carlin: Dumb Americans

by

by Jim Quinn Full transcript of George Carlin’s “Dumb Americans,” excerpted from “Life is Worth Losing, his 13th live comedy stand-up special, performed at the Beacon Theatre in New York City for HBO From Life Is Worth Losing Recorded on November 5, 2005, Beacon Theater, New York City, New York “It’s called the American dream because … Read more

Texas Senator Claims People Are Flocking to Bitcoin Because US Is on ‘the Verge of an Inflation Crisis’… Deutsche Bank issues dire economic warning for America: Inflation

by

Texas Senator Claims People Are Flocking to Bitcoin Because US Is on ‘the Verge of an Inflation Crisis’ This week the United States senator from Texas, Ted Cruz, appeared on the Fox News television broadcast Hannity and discussed the leading crypto asset bitcoin. Cruz told Hannity he believes people are investing in bitcoin because they … Read more