Saturday, July 1, 2023
Friday, June 30, 2023
Core PCE inflation in the United States remains elevated at 4.6% yoy in May 2023, services at 5.3%
The Federal Funds Rate at 5.07% is ineffective. It should be double that.
Supremes rule government cannot compel speech which violates beliefs about same-sex marriages, ruling should set precedent against pronoun requirements
SIDES WITH WEB DESIGNER WHO REFUSES TO DO GAY SITES...
Phillips’ lawyer, Kristen Waggoner, of the Alliance Defending Freedom, also brought the most recent case to the court. On Friday, she said the Supreme Court was right to reaffirm that the government cannot compel people to say things they do not believe. “Disagreement isn’t discrimination, and the government can’t mislabel speech as discrimination to censor it,” she said in a statement.
Supremes rule against racist admission policies at Harvard and University of North Carolina at Chapel Hill
“Eliminating racial discrimination means eliminating all of it,” wrote Chief Justice John Roberts in the majority opinion, which all five of his fellow conservative justices joined in.
Thursday, June 29, 2023
The recession is delayed, again
1Q2023 GDP, third estimate: +2.0% annualized rate
Nominal: $26.5298 trillion
Nominal change yoy 1Q: 7.23%
Real: $20.2828 trillion
Real change yoy 1Q: 1.80%
Wednesday, June 28, 2023
The biggest turd at the Department of Justice is Merrick Garland
When Obama nominated that guy for the Supreme Court, it was like throwing a Molotov Cocktail at it.
The federal prosecutor tasked with investigating Hunter Biden told at least six witnesses last year that he lacked authority to charge the first son outside Delaware and was denied special counsel status, according to an IRS whistleblower — and now the House Judiciary Committee wants to talk to them.
Delaware US Attorney David Weiss made the shocking disclosure at an Oct. 7, 2022, meeting with top IRS and FBI officials — contradicting sworn testimony from Attorney General Merrick Garland, IRS supervisory agent Gary Shapley told the House Ways and Means Committee last month. ...
House Speaker Kevin McCarthy (R-Calif.) said Sunday that Republicans
will launch an impeachment inquiry into Garland if Shapley’s account is
corroborated.
More.
Tuesday, June 27, 2023
The NPEIS qualification exam
Create a word from the letters NPEIS to see what career you are most qualified for.
A. Spine.
Congratulations. Your career path is Doctor of medicine.
B. Pines.
Not too bad. You will become a tree surgeon.
C. Snipe.
Sorry Charlie. Prepare to lie regularly for a politician in the pages of a cheap tabloid newspaper.
D. Penis.
You, sir, are headed to Navy flight school.
Monday, June 26, 2023
Democrats begin Election 2024 leading with the lie that gun violence is the number one cause of death among children
The CDC says otherwise.
Unintentional injuries are the leading cause of death among US children aged 1-17 years since 1999, totaling 126,650. Among those the number one cause is motor vehicle traffic accidents, totaling 67,884. Number two is drowning accidents, at 19,062. In eighth place is firearm accidents, totaling 2,265.
The second leading cause of death is childhood cancer, totaling 36,312.
The third leading cause of death is homicide, totaling 31,690. Among those the number one cause is firearms, totaling 19,306.
The fourth leading cause of death is suicide, totaling 26,653. Among those the number one cause is suicide by suffocation, totaling 12,890. The number two cause is suicide by firearm, totaling 10,934. Believe it, or not.
If you total firearm accidents, firearm homicides, and firearm suicides over the last 22 years for Americans aged 1-17 you still get only 32,505, a distant third place behind motor vehicle traffic accidents and cancer.
Meanwhile Democrats champion abortion on demand, which has killed untold millions upon millions of children since 1973, for which guns is just the smokescreen.
OPEC expects global oil demand to rise to 110 million barrels per day by 2045
Reported here.
2022 global production averaged 80.6 million barrels per day on one accounting.
OPEC must think the 2022 figure closer to 90 million bpd since it projects growth in demand of 23%.
According to this, crude oil remained the top primary energy source in the world at 31.2% in 2020, followed by coal at 27.2%, and natural gas at 24.7%.
71% of China's primary energy is derived from coal. China is the world's number one emitter of so-called greenhouse gases.
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