[PJMedia] Wednesday should be interesting in the White House Briefing Room as press secretary Karine Jean-Pierre will undoubtedly be questioned about disturbing new data from the U.S. Bureau of Labor Statistics regarding the unexpected increase of the Producer Price Index (PPI), otherwise known as the metric that measures inflation at the wholesale level.
Yep, it’s still really bad. Economists and analytical firms had predicted that the proverbial tides would begin to turn in the economy’s favor with September’s data, but instead, only brought headwinds. According to CNBC, wholesale prices rose 0.4% in September, for an annual number of 8.5%.
"Excluding food, energy and trade services, the index increased 0.4% for the month and 5.6% from a year ago," CNBC’s report added.
That doesn’t sound like much, but it’s pretty considerable given that the number was forecasted by top analysts and financial algorithms to begin to move in the opposite direction. The Dow Jones estimate, for example, had the number increasing by only 0.2%.
Now, many are asking if inflation numbers have actually peaked, or wonder if the pain of inflation, which has crippled American consumers and business owners since President Joe Biden stepped foot in the White House, will continue to soar, furthering the crushing financial pain we’re already feeling.
The timing of the dismal PPI data, especially for President Biden and thousands of Democratic candidates across the country, couldn’t possibly be worse, as the 2022 midterms are less than four weeks out. Inflation has consistently been at the top of the issues list for a vast majority of American voters, and that doesn’t fare well for the party currently in power.
Fox Business dissected the numbers:
Overall, prices for goods jumped 0.4% last month after declining 1.1% in August. The bulk of the increase — about 60% — can be traced to a 1.2% monthly surge in prices for food, including a stunning 15.7% advance in the cost of fresh and dry vegetables, according to the Labor Department.
Energy prices, meanwhile, climbed 0.7%, despite a 2.0% drop in the cost of gasoline. That is largely due to the increase in the cost of diesel fuel, residential natural gas and home heating oil.
Meanwhile, the services index advanced 0.4% in September, the fifth consecutive rise. Most of the September increase can be attributed to a 0.6% rise in the index for final demand services excluding trade, transportation and warehousing. Prices for final demand transportation and warehousing services actually fell 0.2%.
Confirming fears that the inflation situation isn’t going away anytime soon was Jeffrey Roach, the chief economist at LPL Financial, who told Fox News that the country should probably brace for impact, as the Federal Reserve’s rate hike tactics clearly haven’t worked as intended, and will likely mean additional aggressive hikes in the coming months.
"This report does not yet have convincing evidence that inflation is cooling across the broad swath of the economy," said Roach. "Expect to see the Fed recommit to fighting inflation at the risk of pushing the economy into recession."
[JustTheNews] Robby Mook's Harvard project was "civil society collaborator" in consortium that targeted news organizations, members of Congress for purported election misinformation.
During the 2016 election, Hillary Clinton's campaign manager helped spread the Russia collusion narrative, one of the most impactful disinformation campaigns in American electoral history. Four years later, a group he co-founded was involved in the federally backed censorship machine against purported 2020 election misinformation.
Robby Mook cofounded the Defending Digital Democracy Project (D3P) at Harvard University's Belfer Center in 2017 and remained a senior fellow there through the 2020 election, becoming a Belfer Center senior fellow in summer 2021. He's also an adjunct lecturer in the Harvard Kennedy School.
Continued on Page 49
[Breitbart] Two FBI officials who had knowledge of the Hunter Biden laptop in 2020 and who alerted Facebook to potential Russian disinformation are Democrat donors, court filings and campaign finance records show.
The unit chief for the FBI’s Foreign Influence Task Force, Laura Dehmlow, and the head of the FBI’s San Francisco cyber division, Elvis Chan, were likely engaged in suppressing Facebook’s distribution of the story on the platform, the Washington Free Beacon reported from court filings.
Dehmlow contributed $60 to the Democrat Neonatal Committee in 2020, while Chan gave $50 to Democrat Sens. Jon Ossoff (D-GA) and Raphael Warnock (D-GA) during their 2020 Senate races, campaign finance records show.
The donations raise questions as to whether the FBI officials were working in an official capacity with partisan intentions during the 2020 election cycle when Breitbart News’s Emma-Jo Morris first reported the authenticated, verified, and confirmed "Laptop from Hell" story in the New York Post.
The FBI was in possession of the laptop for over a year before the Post published the story.
[WSJ] housands of officials across the government’s executive branch reported owning or trading stocks that stood to rise or fall with decisions their agencies made, a Wall Street Journal investigation has found.
More than 2,600 officials at agencies from the Commerce Department to the Treasury Department, during both Republican and Democratic administrations, disclosed stock investments in companies while those same companies were lobbying their agencies for favorable policies. That amounts to more than one in five senior federal employees across 50 federal agencies reviewed by the Journal.
A top official at the Environmental Protection Agency reported purchases of oil and gas stocks. The Food and Drug Administration improperly let an official own dozens of food and drug stocks on its no-buy list. A Defense Department official bought stock in a defense company five times before it won new business from the Pentagon.
The Journal obtained and analyzed more than 31,000 financial-disclosure forms for about 12,000 senior career employees, political staff and presidential appointees. The review spans 2016 through 2021 and includes data on about 850,000 financial assets and more than 315,000 trades reported in stocks, bonds and funds by the officials, their spouses or dependent children.
[CitizenFreePress] Day one of Durham trial of Danchenko
The FBI under the leadership of James Comey offered Christopher Steele $1 million to corroborate salacious allegations made in his dossier against Donald Trump and members of his 2016 campaign, but he was unable to do so, an FBI official testified Tuesday. FBI supervisory counterintelligence analyst Brian Auten was the first witness in the trial of Igor Danchenko, the Russian national who served as the primary sub-source for Steele’s anti-Trump dossier and has been charged with five counts of making false statements to the bureau.
Auten testified that he and a group of FBI agents went overseas in early October of 2021 to speak with Steele about the dossier. During questioning by Special Counsel John Durham Tuesday, Auten said that during those meetings, the FBI offered Steele $1 million dollars if he could corroborate allegations in the dossier.
Auten testified that Steele could not do so.
Auten also said that the FBI had no corroboration of allegations in the dossier, but, nevertheless took that information and inserted it into the Foreign Intelligence Surveillance Act (FISA) warrant to surveil Carter Page.
[CNN] Shortly before the 2016 election, the FBI offered retired British spy Christopher Steele "up to $1 million" to prove the explosive allegations in his dossier about Donald Trump, a senior FBI analyst testified Tuesday.
The cash offer was made during an October 2016 meeting between Steele and several top FBI officials who were trying to corroborate Steele’s claims that the Trump campaign was colluding with Russia to win the election.
FBI supervisory analyst Brian Auten testified that Steele never got the money because he could not "prove the allegations."
Auten also said Steele refused to provide the names of any of his sources during that meeting, and that Steele didn’t give the FBI anything during that meeting that corroborated the claims in his explosive dossier.
Auten was testifying at the criminal trial of Igor Danchenko, a primary source for Steele’s dossier, who is being prosecuted by special counsel John Durham. Danchenko has pleaded not guilty to lying to the FBI.
CNN previously reported that the FBI reimbursed some expenses for Steele, who had been an FBI informant.
Durham, a Trump-era prosecutor who is looking for misconduct in the FBI’s Trump-Russia investigation, has used some of the proceedings Tuesday to criticize the FBI’s handling of some of the early steps in the Russia probe. Durham handled many of the in-court arguments on Tuesday and personally questioned Auten on the witness stand — a rare move for a special counsel and former US attorney.
The dossier contained unverified allegations about Trump’s connections to Russia, including his alleged business dealings, rumors of lurid trysts in Moscow and claims that his campaign collaborated with the Kremlin in 2016. Trump vehemently denied the claims, and Steele’s work has lost a significant amount of credibility over the years. Today, the dossier is largely seen as an unproven collection of rumors and gossip.
Posted by: NoMoreBS ||
10/12/2022 00:00 ||
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#1
Must be easy to squander money like that when it isn't your money.
Posted by: Abu Uluque ||
10/12/2022 11:32 Comments ||
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#2
The Sundance analysis today of this is excellent!
There can no longer be any doubt that the FBI/DoJ has been weaponized and politically bent as a demonkrat tool. Lots of process description on how it works but WHY it was applied knowing the underlying, fundamantal dishonesty of the basic premise is never admitted.
[Dallas Morning News] Democrat Beto O’Rourke has done what no Greg Abbott opponent has ever done — raised more than the veteran GOP officeholder in two consecutive reporting periods.
O’Rourke stressed the novelty of anyone beating Abbott at his political strength — fundraising — twice in a row. O’Rourke also touted how he has a lot more small donors than Abbott, with the average contribution being $53 in the latest period.
Abbott campaign chairman Gardner Pate stressed how for the governor, "81% of all the money came from within Texas." Over the entire 2022 cycle, Abbott’s received contributions from all 254 counties in Texas, Pate said in a written statement.
"Governor Abbott’s campaign is proud that the vast majority of his support comes from within Texas and not from out of state liberals like George Soros or from shady dark money groups hiding their donors from public disclosure," Pate said.
He was referring to Coulda Been Worse LLC, whose donors are unknown. Since Aug. 1, the group opposing Abbott has spent $15.3 million dollars on advertising, according to AdImpact.com, an ad-tracking service. In the same period, Abbott has spent $38 million on ads; and O’Rourke, $20.2 million. Coulda Been Worse has provided rough parity for O’Rourke’s viewpoint in the ad wars as the Nov. 8 election approached.
"We’re confident we will have the resources we need to ensure all Texans know Governor Abbott’s strong record on job creation, supporting our police and securing the border," which contrasts with O’Rourke’s "extreme liberal policies," Pate said.
O’Rourke said, "We are going to defeat [Abbott] and ensure Texas finally leads in great jobs, world class schools, the ability to see a doctor, keeping our kids safe and restoring a woman’s freedom to make her own decisions about her own body." You forgot about the AR-15 collection, Beto.
Posted by: Bobby ||
10/12/2022 10:17 ||
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#1
Beto is getting money from around the nation. So many races are unwinnable Demo doners figure why send money there, Beto might have a chance.
Beto doesn't have a chance, and this is a great way to watch them burn their money.
#2
You have to bear in mind that the money that a campaign gathers and doesn't spend is basically the candidate's piggy bank. That's why the "outside" PAC's are buying the ads.
Posted by: ed in texas ||
10/12/2022 11:42 Comments ||
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#3
Like Abrams, O'Rourke gets rich from just running, not winning. They will both continue to do so until the money stops.
Then they will take money to say totally outlandish stuff.
#8
The Donks are famous for continuing to fund projects that show no results other than consuming more money. Now when its their own, it makes it all the more entertaining.
[Fox News] Lying MFer needs to be removed Mayorkas would go on to describe the incident as 'horrifying'
Homeland Security Secretary Alejandro Mayorkas was told that the photographer who captured a clash between Border Patrol agents and Haitian migrants in Del Rio had said that the incident was being misconstrued -- hours before Mayorkas joined a White House press conference where he didn’t challenge the false narrative.
The Sept. 24, 2021 email, obtained by the Heritage Foundation via a Freedom of Information Act request (FOIA), shines light onto internal deliberations surrounding the controversy in Del Rio, Texas, where Democrats and the White House pushed a narrative that migrants had been "whipped" or "strapped" by Border Patrol agents despite it being quickly debunked.
In fact, agents were using split reins to control their houses as migrants rushed across the river. But a narrative, based on a misinterpretation of photographs, was running and on Sept. 24 was further fueled by President Biden.
"To see people treated like they did, horses barely running over, people being strapped — it's outrageous," Biden told reporters, making a whipping motion with his hand. "I promise you, those people will pay. There will be an investigation underway now, and there will be consequences. There will be consequences."
CBP FINDS 'NO EVIDENCE' BORDER PATROL AGENTS WHIPPED HAITIAN MIGRANTS, STILL SEEKS TO DISCIPLINE THEM
[NYPOST] Democratic Pennsylvania Senate candidate John Fetterman struggled to speak clearly and needed a monitor with closed captioning to understand a news hound’s questions months after suffering a stroke — and two weeks before a scheduled debate with his GOP opponent, Dr. Mehmet Oz.
Fetterman granted Dasha Burns of NBC News his first sit-down interview since his May medical episode, which forced him into a months-long absence from the campaign trail.
"We had a monitor set up so that he could read my questions," Burns told MSNBC host Katy Tur Tuesday afternoon, "because he still has lingering auditory processing issues as a result of the stroke, which means he has a hard time understanding what he’s hearing.
"Now, once he reads the question, he’s able to understand," Burns went on. "You’ll hear he also has some problems, some challenges with speech. And I’ll say, Katy, that just in some of the small talk prior to the interview, before the closed captioning was up and running, it did seem that he had a hard time understanding our conversation."
[Epoch Times] A Pfizer executive said Monday that neither she nor other Pfizer officials knew whether its COVID-19 vaccine would stop transmission before entering the market last year.
Member of the European Parliament, Rob Roos, asked during a session: "Was the Pfizer COVID vaccine tested on stopping the transmission of the virus before it entered the market? Did we know about stopping immunization before it entered the market?"
Pfizer’s Janine Small, president of international developed markets, said in response: "No ... You know, we had to ... really move at the speed of science to know what is taking place in the market."
Roos, of the Netherlands, argued in a Twitter video Monday that following Small’s comments to him, millions of people around the world were duped by pharmaceutical companies and governments.
"Millions of people worldwide felt forced to get vaccinated because of the myth that ’you do it for others,'" Roos said. "Now, this turned out to be a cheap lie" and "should be exposed," he added.
A number of officials in the United States and around the world had claimed COVID-19 vaccines could prevent transmission. Among them, President Joe Biden in July 2021 remarked that "you’re not going to get COVID if you have these vaccinations." But then he forgot. Chief Biden administration medical adviser Anthony Fauci in May 2021 said in a CBS interview that vaccinated people are "dead ends" for COVID-19, suggesting they cannot transmit the virus. "When you get vaccinated, you not only protect your own health and that of the family but also you contribute to the community health by preventing the spread of the virus throughout the community," Fauci said.
Two months later, in late July of that year, Fauci said that vaccinated people are capable of transmitting the virus. But nobody noticed.
In the coming months, Fauci, Biden, CDC Director Dr. Rochelle Walensky, and others pivoted to say the vaccine prevents severe disease, hospitalization, and death from COVID-19. It's a nice fairy tale, but no one will ever be able to demonstrate that, not with real science, anyway.
Posted by: Bobby ||
10/12/2022 00:00 ||
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#1
Sorry, that was supposed to be fore tomorrow, but I got excited. Can it be corrected?
Posted by: Bobby ||
10/11/2022 16:59 Comments ||
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#8
For Marvel’s demographic, the risk of myocarditis from Pfizer’s vax experimental gene therapy is literally hundreds of times greater than the risk of hospitalization due to COVID.
HUNDREDS of times greater.
Myocarditis victims can’t sue Pfizer because our DC whores gave those criminals blanket immunity, but maybe they can sue Marvell (or Disney).
#9
Consider. The fewer people who get 0 shots, the smaller the control group, the easier to poo poo away this information as statistical anomaly; 80, 85% one-shot compliance and whoopsies just not enough 0-shots to make an acceptable study.
BTW, did I come across real news that Canada is considering requiring a shot every 90 days? Tell me that's BS please - so far I'm just seeing Recommends but Little Red Trudeau has his track record.
[Epoch Times] Former Rep. Tulsi Gabbard (D-Hawaii) announced on Oct. 11 that she’s leaving the Democrat Party.
In two videos, Gabbard said the move is driven in part by President Joe Biden and his administration not responding after activists started protesting outside the homes of Supreme Court justices before and after the court struck down Roe v. Wade.
Federal law prohibits protesting outside the homes of judges with the intent to influence them, which is what many of the protesters have said is their intent. Gabbard compared that treatment with how the administration has been arresting pro-life activists for alleged violations of another law.
"When the party in power does not believe in the rule of law but they’re responsible for writing and enforcing laws, our democracy is doomed," Gabbard said. "Today’s Democratic Party does not believe in our constitutionally protected right to free speech."
"I can no longer remain in today’s Democratic Party. It’s now under the complete control of an elitist cabal of warmongers driven by cowardly wokeness, who divide us by racializing every issue and stoking anti-white racism, who actively worked to undermine our God-given freedoms enshrined in our Constitution, and who are hostile to people of faith and spirituality, who demonize the police who protect criminals at the expense of law-abiding Americans who believe in open borders, who weaponize the national security state to go after their political opponents, and above all, are dragging us ever closer to nuclear war," Gabbard said in one of the videos. One can hope that video goes viral, as they say.
Gabbard did not say whether she would join the Republican Party or alternatives such as the Forward Party, which 2020 Democrat candidate Andrew Yang helped form. But Gabbard did call on other Democrats to join her in departing the party.
Posted by: Bobby ||
10/12/2022 00:00 ||
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A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.