By the way, the Fed held rates today and all indications are they will raise at lease once in 2026. SO much for Powell being the problem.
in his first Fed Meeting as Fed Chair, Warsh said inflation is a choice, implicit in that statement, it was Trump choice to inflate the economy, as evidenced by the unconstitutional tariffs the needless war on Iran, leading to rising cost of oil the humongous spending by Trump's BIG UNGLY BILL
Economists note that Warsh delivered a strict inflation-targeting message, setting a neutral to hawkish tone that took the market by surprise. Wall Street and global bond markets reacted with volatility, closely monitoring Warsh’s pivot away from his earlier, pre-nomination advocacy for rate cuts. Trump, who initially championed Warsh on a platform of lower borrowing costs, faces the reality of an independent Fed chair holding rates firm to combat sticky inflation. Critics who initially opposed his confirmation— citing concerns he would act as a mouthpiece for the Executive branch—are evaluating his early comments on institutional "lane-keeping"
Ultimately I think he needs Trump's endorsement. If Trump doesn't endorse him, he's in trouble in a primary with Rubio.
Although my wife went to a Catholic School here in Albany all of her life. Her sister went to Shaker High school in Latham. She went on two dates with this guy. Said he was about as exciting as a Lorna Doone cookie. She also dated Guy Hebert before they went to different colleges.
Today Trump posted... "OIL IS FLOWING, IRAN CAN NEVER HAVE A NUCLEAR WEAPON (THE WORLD WILL BE SAFE!), THE STOCK MARKETS ARE ROARING, JOBS ARE AT RECORDS, AND PRICES ARE DROPPING (AFFORDABILITY!). OUR COUNTRY IS STRONG, SAFE, AND RESPECTED LIKE NEVER BEFORE. “YOU’RE WELCOME!” President DJT" The Top 10%: Owns roughly 87% to 93% of all stocks. The Bottom 50%: Holds only about 1% of the total market value. The stock market mainly reflects giant, often multinational corporations. The vast majority of everyday businesses (like local restaurants, repair shops, and farmers) are not listed. Donald Trump’s economic approval rating has fallen so far since the start of his second term that it has now dipped below former President Joe Biden’s low-water mark. Just 33 percent of Americans approve of Trump’s handling of the economy — a record low for his time in office — while 60 percent disapprove, an NPR/PBS News/Marist survey revealed Thursday. The disapproval figure includes 65 percent of independents and 22 percent of Republicans. https://www.msn.com/en-ca/news/worl...is-worse-than-biden-s-lowest-poll/ar-AA25ZIjn 'Buckle up': Inflation pain could linger even after the Iran war ends, economists say "People are entrenched in a cycle of survival debt," one expert said. Even if the war ends soon, Zandi added, the trend of high inflation that has been exacerbated by the Middle East conflict will likely continue for the next six to 12 months. Inflation jumps to its highest level since 2022 Inflation jumped in May for a third consecutive month as the Iran war continued to drive up prices, surpassing 4% for the first time in three years, the U.S. Bureau of Labor Statistics (BLS) reported last week. Prices rose 4.2% in May compared to a year earlier, increasing 0.5% from the prior month, BLS data show. https://abcnews.com/Business/buckle-inflation-pain-linger-after-iran-war-ends/story?id=133930362
On Tuesday, before this week’s Fed meeting, Wall Street didn’t see the likelihood of a rate hike until December Wall Street now see the odds of a hike at the September meeting of the Federal Open Market Committee at > 80%, and more than one move higher priced in for October, according to data compiled by Bloomberg.
Just in case some people still thought Democrats cared about cost of living, fresh off record-setting and self-induced inflation under Biden… we bring you California Democrats latest effort to double the cost of healthcare insurance… so they can give free insurance to illegals. Unreal! GOOD DAY
out of stater, Traitor George, continues to publicize his willful ignorance. Californians know Demaio's history of intellecutal dishonesty, twisting the truth thru sleight-of-hand. Debunking DeMaio’s Doozies / sleight of hand false narrative Immigrants in the U.S. illegally are ineligible for federally funded health care programs such as Medicare and Medicaid and subsidized private insurance through the Affordable Care Act marketplace. CA Democrats’ funding proposal would restore access to Medicaid and the Affordable Care Act marketplace for legal immigrants who will lose access once certain provisions of the Republicans’ tax and spending law take effect. it'd take a very ignorant fool to fall for Demaio's sleight-of-hand, Traitor George fits that requirement like a glove.
this convenient false claim, ............................................. , is a regurgitation of this, Trump Falsely Claims Democrats Want $1.5 Trillion for ‘Illegal Aliens’ Trump made the convenient false claim many times in 2025. in an Oct. 19 interview with Fox News’ Maria Bartiromo In his Nov. 2 “60 Minutes” interview in a Nov 7 bilateral meeting w Victor Orban, Trump made the comment “We’re not going to give $1.5 trillion to people that came into our country illegally.”
