Bye...BYE cheap money borrowing rates.... Federal Reserve policymakers said they will cut back on their stimulus more quickly at a moment of rapid inflation and strong economic growth, capping a challenging year with a pronounced policy pivot that could usher in higher interest … [Read more...] about The Fed signal’s rate increase’s coming next year…
the Economy
US Defense Bill passed….
Congress put more money in it then President Biden wanted.... The vote was 89-10 in the Senate..... 80% of the House members supported it... He'll sign it.... The Senate on Wednesday gave its approval to a record-setting $768 billion defense authorization bill, … [Read more...] about US Defense Bill passed….
Putin and Biden to talk again about the Ukraine….
And a host of 'other things'.... They will exchange comments by video again... Giving the Russian President a few things he wants... Number one being seen as a strong world power.... Second? One would doubt that the Ukraine will ever become a member off NATO while … [Read more...] about Putin and Biden to talk again about the Ukraine….
Stupid Republican Politician of the Day…12/12/2021
Republican South Carolina Senator Lindsey Graham.... Republican Sen. Lindsey Graham (S.C.) on Sunday said Democrats must "quit lying" about the cost of the Build Back Better Act and called for the House to revote on the massive social spending package. Appearing on "Fox … [Read more...] about Stupid Republican Politician of the Day…12/12/2021
Unemployment claims drop to lowest rate since 1969…
Don't get excited .... These numbers will be readjusted for the Thanksgiving Holidays ... And? If you are out and about? You'll still see a lot of help wanted signs in the windows of stores big and small.... Things still ain't right.... Overall, just under 2 … [Read more...] about Unemployment claims drop to lowest rate since 1969…
Inflation rate is the highest since 1982….
So? When ya hear all the 'experts' talking about the "great' Economy? Just shake your head and walk away... Their words do NOT matter.... The price of gas and other consumer goods DO.... Consumer prices surged 6.8 percent in the year leadinginto November and 0.8 … [Read more...] about Inflation rate is the highest since 1982….
The latest virus spike is here….
Prior to Thanksgiving virus cases had been going down... Post holiday numbers seemed a bit suspect due to reporting from the states... But? It does now appear that there IS a spike upward in case, hospital stays and deaths... The spike is not as severe as the last … [Read more...] about The latest virus spike is here….
With McConnell in the lead…Senate Republican work the debt ceiling deal of 2021….
House Republican Rightwingnuts's (And Trump) can complain all they want... The United States government is gonna keep playing it's bills by borrowing if it has to... The Senate on Thursday advanced a bipartisan deal that paves the way for lawmakers to raise the debt … [Read more...] about With McConnell in the lead…Senate Republican work the debt ceiling deal of 2021….