Thursday's podcast: The Biden disaster on the border, CNN and Trump & Biden family money

Thursday's podcast:   

The Biden disaster on the border, CNN and Trump & Biden family money.....

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Thursday's video: The Biden disaster on the border, CNN and Trump & Biden family money....

Thursday's video: 

The Biden disaster on the border, CNN and Trump & Biden family money....

P.S.  Check out my blog for posts, podcasts and videos. If you like our posts, please look for ”Donate” on the right column of the blog page.

 

The 'I' thing is not going away

 (My new American Thinker post)

The Biden re-election campaign got some bad news about the "I" word.   This is the bad news:    

Inflation rose again in April despite an aggressive interest-rate hike campaign by the Federal Reserve, indicating that strong underlying price pressures are still bubbling beneath the surface of the economy -- and continuing to burden millions of Americans.    

The Labor Department said Wednesday that the consumer price index, a broad measure of the price for everyday goods including gasoline, groceries and rents, rose 0.4% in April from the previous month, much faster than the 0.1% increase recorded in March. 

Prices climbed 4.9% on an annual basis, slightly below the 5% increase forecast by Refinitiv economists. 

Although inflation has cooled from a peak of 9.1%, it remains about more than double the pre-pandemic average and well above the Fed's 2% target rate.

Bad numbers for the economists.  High gasoline and food prices for the American family.

What happens now?  I would assume that we will hear from the Biden administration that inflation is actually down.  They will remind us that gasoline will now cost $ 3.25 rather than $ 3.50.   True but you are still leaving more money at the gas pump than a couple of years ago.  Add to this the price of eggs and Americans are not happy.

The Fed will likely increase interest rates.  I am not a finance expert but that probably means that the cost of money will go up, whether you are buying a home, one of those brand new cars, or refinancing a loan.

Inflation is here and he is usually the last guest to leave the party.   

P.S.  Check out my blog for posts, podcasts and videos.

A word about May 11

We remember May 11:

We salute the beautiful state of Minnesota.    The 32nd state joined the union on this day in 1858.

We remember Irving Berlin who was born in Tyumen, Russia, on this day in 1888.    Berlin moved to the US as a child.   Over time, he became one of the most popular songwriters in the US.   His songs included "Alexander's Ragtime Band," "What’ll I Do" and "White Christmas."    He also wrote the soundtrack for several movies such as "Puttin’ on the Ritz", "Easter Parade" and "Annie Get Your Gun".  He died in 1989, at age 101.

We remember Milt Pappas was born on this day in 1939.  He died in 2016 at the age of 76.   Pappas will always be remembered as the man traded for Frank Robinson.    It turned out to be a great trade for the Orioles with Robinson leading the team to 4 of the next 6 World Series.  

We remember Eric Burdon who was born in England on this day in 1941.  Burdon was the lead singer for The Animals, from "House of the rising sun" to my super favorite "San Franciscan nights".    

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