Several years ago I predicted that the U.S. would ultimately be confronted with the debilitating economic conundrum of stagflation, something which the nation had not seen since the 1970s. I suggested that stagflation would become a household word again and that the majority of American concerns would revolve around rising prices coupled with stagnant wages and falling production.
Years ago there was a rather idiotic battle between financial analysts over what the end result of the Fed’s massive stimulus measures would be. One side argued that deflation would be the outcome and that no amount of Fed printing would overtake the vast black hole of debt conjured by the derivatives implosion. The other side argued that the Fed would continue to print perpetually, resorting to QE4 or possibly “QE infinity” and negative interest rates as a means to stave off a market crash for decades (like Japan) while at the same time initiating a Weimar-style inflationary bonanza.
Both sides were wrong because they refused to acknowledge the third option – stagflation.
As stalled immigration negotiations imperil U.S. aid to Ukraine and Israel, Sen. John Fetterman (D-Pa.) is blaming not only Republicans but also members of his own party for what he described as a reflexive political resistance to a border security deal.
Gangs from South America are breaking into multi-million dollar homes across the country, including metro Detroit, WXYZ reported.
Police said they are highly functional and well-trained.
A police official described the crews, which are believed to consist of four to six people, as highly functional and well-trained.
The thieves reportedly use a jammer to overcome wireless security systems that depend on WiFi to operate. The crews are all dressed in black, with backpacks, and gloves. They are non-confrontational and their goal is to get in and out of the homes quickly, police said.
Judicial Watch announced today that it sent notice letters to election officials in the District of Columbia, California, and Illinois, notifying them of evident violations of the National Voter Registration Act (NVRA) of 1993, based on their failure to remove inactive voters from their registration rolls. The letters point out that these jurisdictions publicly reported removing few or no ineligible voter registrations under a key provision of the NVRA. The letters threaten federal lawsuits unless the violations are corrected in a timely fashion. In response to Judicial Watch’s inquiries, Washington, DC, officials admitted that they had not complied with the NVRA, promptly removed 65,544 outdated names from the voting rolls, promised to remove 37,962 more, and designated another 73,522 registrations as “inactive.”
The NVRA requires states to “conduct a general program that makes a reasonable effort to remove” from the official voter rolls “the names of ineligible voters” who have died or changed residence. The law requires registrations to be cancelled when voters fail to respond to address confirmation notices and then fail to vote in the next two general federal elections. In 2018, the Supreme Court confirmed that such removals are mandatory (Husted v. A. Philip Randolph Inst., 138 S. Ct. 1833, 1841-42 (2018)).
A judge has ruled an extremely tight election between Republicans and Democrats for a Louisiana parish sheriff is void because of voter fraud.
The race to become Caddo Parish sheriff was closely fought between Democrat Henry Whitehorn and Republican John Nickelson. In November, a recount was ordered after Whitehorn won by just one vote in an election that saw over 43,000 ballots cast. The recount found three additional votes for each candidate and Whitehorn was declared the winner.
Both Nickelson and Whitehorn have been approached for comment by Newsweek.
Nickelson filed a lawsuit and retired Louisiana Supreme Court Justice E. Joseph Bleich declared the result void on Tuesday. Nickelson's suit said the count was done too quickly and could not be accurate, while ballots cast by people twice through mail-in and in-person ballots were discovered, NBC affiliate KTAL reported. Bleich was assigned to the case after four judges recused themselves due to their friendships with Nickelson.
Hunter Biden was indicted Thursday on nine charges — including three felonies — in part for allegedly dodging more than $1 million in taxes while living a hard-partying, “extravagant” life over a four-year period.
The three felonies leveled against President Biden’s 53-year-old son — who faces a maximum penalty of 17 years in prison if convicted on all counts — include one count tax evasion for his 2018 personal taxes and two counts of filing a false return for his 2018 personal taxes and on a corporate income tax return for his company Owasco, PC.
He has also been hit with six misdemeanor counts of failure to pay and failure to file charges for the 2016, 2017, 2018 and 2019 tax years.
Private emails indicate that Fulton County prosecutors are seeking prison sentences for former President Donald Trump and his top allies in the Georgia criminal case. The charges are related to their alleged violation of the racketeering statute as part of their attempts to overturn the 2020 election results.
“We have a long road ahead,” Fulton County District Attorney Fani Willis wrote in one email last month. “Long after these folks are in jail, we will still be practicing law.”
The private correspondence between Willis and the defense lawyers sheds light on the prosecution team’s ultimate goal. This information could potentially influence legal tactics in anticipation of a forthcoming trial, including the negotiation of plea agreements, The Guardian reported.
Hunter Biden spent hundreds of thousands on "constant partying," according to prosecutors in an indictment that hit the president's son with a total of nine tax charges.
The indictment brought in California alleges Biden spent money on prostitution, online pornography and hiring luxury cars among other things including $10,000 on a sex club membership.
It states money was spent on "drugs, escorts and girlfriends, luxury hotels and rental properties, exotic cars, clothing, and other items of a personal nature, in short, everything but his taxes."
A total of $1.4 million in taxes was allegedly evaded and Biden faces up to 17 years behind bars. He is accused of "willfully" avoiding paying his taxes and faces three felony charges and six misdemeanor charges.
The charges relate to a time between 2016 and 2019, a period during which Biden has acknowledged he was addicted to alcohol and crack cocaine. A total of over $1.6 million was taken from cash machines during this period, the indictment said. Newsweek has contacted representatives of Biden's family for comment via email.
Webmaster addition: I have a problem with the idea that Hunter got $1.6 million from cash machines. Our local ATM caps all withdrawals at $500. Is this just sloppy reporting by Newsweek or is something else being covered up?
He (Polito) also ran a personal website about his life, in which he posted a 15-page theory claiming he decoded the messages left by the Zodiac Killer, who operated in Northern California in the late 1960s.
Banks filed at least six reports concerning Hunter Biden's foreign business dealings that flagged President Joe Biden's home address in Delaware and raised concerns about possible criminal activity involving money laundering or human trafficking, according to a U.S. Senator who investigated the first family's finances for years.
Sen. Ron Johnson of Wisconsin, the top Republican on the Senate Permanent Subcommittee on Investigations, told the Just the News, No Noise television show Thursday night that the Suspicious Activity Reports (SARS) chronicled about $12 million in transactions over several years, some of which passed through Joe Biden's Wilmington, Del., home where he had allowed his son to stay.
Johnson said Joe Biden would have almost certainly known his son was using his home as a business and banking address, if nothing else from postal mail arriving at the location. He added that House impeachment investigators have plenty of grounds to question Joe Biden's complicity in his son's foreign dealings. The House is set to vote on formally authorizing an impeachment inquiry next week.
The unprecedented criminal prosecution of Donald Trump and his associates has heavily relied on unprecedented steps taken by government officials including Joe Biden. For the first time in history, for just one example, an incumbent president refused to confer executive privilege to his predecessor on a number of occasions—which forced Trump to share what is traditionally considered protected communications and records with bad-faith interests including House Democrats and Biden’s Department of Justice.
Federal courts played an instrumental role, too. Privilege between Trump and his personal attorney was pierced by the chief judge of the district court in Washington. Judge Tanya Chutkan, now overseeing Special Counsel Jack Smith’s case against Trump related to January 6, denied Trump’s privilege claims in 2021 and ordered Trump to hand over presidential records to the January 6 Select Committee. In another history-making order, Chutkan recently denied Trump’s motion to dismiss the J6 case on immunity grounds; she opined that being president does not entitle one to a “get-out-of-jail-free pass”—an assertion made by no one—and concluded a president is indeed subject to criminal prosecution.
I am writing under Article 99 of the United Nations Charter to bring to the attention of the Security Council a matter which, in my opinion, may aggravate existing threats to the maintenance of international peace and security.
A recently published article in the peer-reviewed academic journal Transportation Research tells us that cars, even the supposedly anointed battery electric variety, are far too convenient and that the state must be empowered to “restrict car use.” The authors tell us that converting car lanes to bus lanes have reduced car use in Oslo. No surprise there. The fact that academia is floating this sort of policy should concern anyone who has any inkling of mistrust of the federal government. Truly our freedom of movement is in peril.
Electric vehicles are not nearly as popular as their advocates would have had us believe, as sales are now slumping in the face of rising interest rates and a lack of so-called fast chargers. As we begin to bump up against mined mineral constraints and international relations complications, there’s no doubt the cost of making these glorified toys will continue to rise. A recent Consumer Reports publication shows that, over the last 3 model years, electric vehicles are less reliable than normal gasoline and diesel vehicles. So, several states want to ban the sale of reliable, inexpensive gas and diesel cars and force us to buy less reliable electric cars. Note well that the superior reliability of hybrids is likely down to the fact that car makers who are better known for their reliability make more hybrids. There’s nothing inherent to a hybrid that would make it more reliable than a gasoline engine vehicle.
Even our ability to travel using air travel is under the gun. A CNN op-ed recently floated the idea of limiting air travel through the use of carbon (read: sin) passports. We will be limited to traveling based on the amount of carbon dioxide emitted during the flight. The author wants this applied to cruise ships as well. It’s not hard to see this applied to your car as well. Of course, such rules will not apply to the super-wealthy climate grifters. They’ll be jetting all over the globe for their very important climate conferences.
The state of South Carolina will no longer be investing in The Walt Disney Company, with the state’s treasurer saying Disney has “abandoned its fiduciary responsibilities to its investors and customers” by embracing far-left activism.
South Carolina State Treasurer Curtis Loftis made the announcement in a press release on Tuesday, saying the state has removed Disney from its approved investment list.
The State Treasurer’s Office portfolio currently contains $105 million dollars of Disney debt instruments that will mature as scheduled and will not be replaced, according to the release.
America may be known for pioneering many sciences and technologies, but a new report has revealed that it is now losing this race to other nations like China.
A survey of STEM-related workers showed that 75 percent believe the US is falling behind in these industries or has even lost to global competition.
Even more, 60 percent of respondents deemed China as leading the pack - data shows the country beats the US in 34 out of 44 fields, including electric batteries, hypersonics, and advanced radio-frequency.
The State of Science in America, a non-profit working to invigorate US science and technology, calls lawmakers to issue funding for future innovations, saying these fields are no longer a national priority and the country is 'ill-prepared for the future.'
As President Trump continues to dominate the 2024 GOP presidential primaries, attention has turned to who he will pick as his running mate. Now, we have a list of names Trump and his team are reportedly considering, but a potential wild card lurks.
On Thursday, Axios published an extensive piece detailing the potential makeup of a Trump Cabinet in a second term. The 45th President and his team’s primary focus is ensuring all positions in government will be filled with people loyal to the America-first agenda and Trump.
As Gateway Pundit readers know, Trump’s first term was marred by disloyal RINOs and globalists seeking to sabotage him at every turn. John Bolton, Mark Esper, and William Barr were some of the most notorious figures.
Axios also reveals that Trump openly speaks to his friends about several possibilities for running mate. The key consideration outlined by Trump and his closest confidants is agreeing that the 2020 Presidential election was stolen and former Vice-President Mike Pence betrayed the country by allowing the election’s certification.
FBI agents cataloged Cartier bracelets, Rolex watches and stacks of cash as they combed through safe deposit boxes seized from a Beverly Hills business accused of money laundering. But the owners of many of those boxes were not accused of any crimes.
After hearing arguments from both sides Thursday, a panel of judges from the 9th Circuit Court of Appeals will decide whether the sweeping raid violated customers' Fourth Amendment rights.
"I think the public sees this and recognizes that this is just a total abuse of people's constitutional rights," Institute for Justice senior attorney Rob Johnson told Fox News, adding that he felt "extremely optimistic" about the panel's forthcoming decision.