“All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.” Arthur Schopenhauer
The Fed's worst nightmare has begun:
1. Core CPI inflation rises to 3.3%, the first increase since March 2023
2. 258,000 people filed for unemployment this week, above expectations of 230,000
Once the September jobs report is revised sharply lower, it will reveal the Fed's nightmare situation.
Rising inflation with rising unemployment.
While September CPI inflation is at 2.4%, inflation is much higher in many basic necessities:
1. Car Insurance Inflation: 16.3%
2. Transportation Inflation: 8.5%
3. Homeowner Inflation: 4.9%
4. Car Repair Inflation: 4.9%
5. Rent Inflation: 4.8%
6. Hospital Services Inflation: 4.5%
7. Food Away From Home Inflation: 3.9%
8. Electricity Inflation: 3.7%
Core CPI inflation is now at 3.3% and rising for the first time in 18 months.
Meanwhile, 258,000 Americans filed for unemployment this week ALONE.
Consumers are struggling.
They hate to see you succeed. Instead of them putting energy into bettering their own lives, they’re putting all of their energy into trying to take from you because they know that they cannot have what you have.
The Los Angeles Police Protective League is not a union; it's a gang. It buys off politicians, intimidates critics and covers up the crimes of its members. This band of bullies won't silence us. We will expose them and stand in our power. #ProtectPeopleNotPolice#PeoplesBudgetLA
Joni Ernst had tied herself to Trump with all of his racism, disregard for American lives and endless lying. The pathway to flip the Senate 100% goes through Iowa. Vote @GreenfieldIowa.
This is absolutely horrid. This is a result of living in a morally bankrupt country that has profited off of systematic racism for the past 400+ years! 🤬
NEW: Three Colorado officers have been fired and one has stepped down after a photo surfaced of three officers mocking the police killing of #ElijahMcClain. https://t.co/1AOpDNt6in
NEW: Three Colorado officers have been fired and one has stepped down after a photo surfaced of three officers mocking the police killing of #ElijahMcClain. https://t.co/1AOpDNt6in
More photos of Logan Bucknam, the guy who drove wildly into the crowd at the protest on Saturday and pointed a gun at protesters. Turns out he is the son of a police chief in Skowhegan, Maine. Logan was allowed to leave in his car by APD almost immediately.
Rand Paul wondering aloud why Dr. Fauci can't give us more happy, sunshine-filled news about the coronavirus instead of having to be so damn life-saving sciencey all the time.
Judge Les Hayes once sentenced a single mother to 496 days behind bars for failing to pay traffic tickets. The sentence was so stiff it exceeded the jail time Alabama allows for negligent homicide https://t.co/FUWE8CSyVG 1/7
Some have lied or made racist comments: Thousands of U.S. judges violated their oaths, broke the law but kept their jobs https://t.co/IxC2bWUn0x via @specialreports@johnshiffman@MJBerens1