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“Billions in COVID relief haven’t been spent but Biden still demands more” That great sloshing sound you hear is the tens of billions of dollars of unspent COVID-19 relief funds slopping around federal, state and local government coffers. But the Biden administration wants to appropriate billions more and is resorting to scare tactics to get…
“Letters to the Editor — May 12, 2022” The Issue: President Biden’s claims that inflation has been caused by the pandemic and the Ukraine war. During the 2020 campaign, President Biden claimed that if elected he would “do his job and take responsibility; I won’t blame others” (“Malarkey,” May 11). As with everything else he…
“What Biden can do to lower inflation but refuses to” Washington’s latest inflation report shows prices rising by 8.3% over the past year and core inflation (which excludes volatile food and energy prices) continuing to accelerate. Real wages have fallen 2.7%. Moody’s Analytics and Penn-Wharton estimate that inflation is costing the average household $300 per…
” Bitcoin falls back under $30K while 8.3% US CPI shows signs inflation has peaked “ Bitcoin (BTC) dropped by $1,500 in minutes on May 11 as the latest United States inflation data delivered mixed sentiment on the economic outlook. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin puts in fresh 10-month lows Data from…
“Biden isn’t fooling anyone — inflation is his fault and he has no solution to fix it” If you like your inflation, you can keep your inflation. Okay, Joe Biden didn’t say that. But he would have if he were being honest. The president set himself an easy task Tuesday — to show a dispirited…
“Inflation’s roaring, and all Biden can offer is a recycled pack of lies” President Joe Biden’s handlers sent him out Tuesday to declare that fighting inflation is now his “top domestic priority.” But even if his “plan” weren’t a joke, why would anyone believe him, when his vow came packaged in a host of lazy…
“Baby food shortage leaves parents desperate for formula” A baby formula shortage has turned into a nationwide food crisis for parents across the country desperate to feed their infants. Retail outlets have seen a 30% drop in the availability of some popular brands, due to supply chain issues, labor shortages, inflation and safety concerns. In…
“Here’s how Team Biden is fueling food inflation” Going food shopping feels like getting punched in the gut. You pick up a whole roasting chicken, hoping it will feed four, and see the price — more than $10 in many New York-area stores. A staggering $18 if the bird’s organic. Apples are close to $3 a…
” Nigeria upgrades CBDC as crypto restrictions cripple fintech industry “ The Central Bank of Nigeria (CBN) is moving ahead with plans to upgrade the country’s central bank digital currency (CBDC) to be used on a wider range of goods and services. It is also maintaining harsh crypto restrictions that cripple the country’s fintech sector….
“Bitcoin sinks below $33K to lowest price since July 2021” The price of bitcoin plunged below $33,000 on Monday – a downturn that has coincided with a sustained losing streak for US stocks as the market brace for the possibility of a recession. Bitcoin was down about 5% to approximately $32,934 as of 9 a.m….