The Select Committee to Investigate the January 6th Attack on the United States Capitol conducted its final televised performance on Thursday afternoon, an event dutifully carried live by every cable and broadcast news station. Representatives Liz Cheney (R-Wyo.) and Adam Kinzinger (R-Ill.) now plan to exit stage left as their congressional careers come to an end—the former at the hands of disgruntled Wyoming Republican voters and the latter at the hands of gerrymandering Illinois Democrats. It’s only a matter of time before both find a new home at some NeverTrump outlet funded by leftist billionaires to play the role of the “conservative” useful idiot to the Democratic Party.
Read MoreMonth: October 2022
Insider Advantage: Michigan Governor’s Race Tied; Joe Biden’s Approval Down to 37 Percent
Michigan Gov. Gretchen Whitmer (D) is tied with Republican challenger Tudor Dixon (44 percent to 44 percent), a new Insider Advantage poll shows. The poll, which surveyed 550 likely voters on October 11 and 12, showed 3 percent support for Libertarian candidate Mark Duzuma, and 2 percent for Green Party candidate Kevin Hogan. One percent of likely voters chose “other,” and 7 percent had no opinion.
Read MoreRepublican Gov. Candidate Widens Lead in Deep Blue State
Republican candidate Christine Drazan now leads in the Oregon gubernatorial race by a margin of 6%, per a new opinion poll by Clout Research released on Thursday.
The poll showed Drazan gaining 44% of the vote to the Democratic candidate Tina Kotek’s 38%. Meanwhile, independent candidate Betsy Johnson is garnering 11% support among respondents.
Read MoreReport: Biden Admin Housed Record Number of Unaccompanied Illegal Migrant Children
U.S. shelters housed a record number of unaccompanied illegal migrant children under the Biden administration, according to CBS News.
Federal shelters housed nearly 130,000 unaccompanied illegal migrant children as border authorities saw record numbers of these migrants crossing into the U.S. illegally, CBS News reported, citing internal federal data. In fiscal year 2021, there were 122,000 unaccompanied minors in federal shelters, leading to overcrowded conditions.
Read MoreAnalysis: Final Hearing Undercuts Two Key Democrat Talking Points
When House Democrats’ Jan. 6 committee convened its investigative hearings, members proclaimed there was no need to investigate House Speaker Nancy Pelosi’s role because she wasn’t involved in Capitol security and their end goal was to find the truth no matter where it led.
“We must confront the truth with candor, resolve, and determination,” Chairman Bennie Thompson, a Mississippi Democrat, declared on opening day of the public hearings.
Read MoreJohn Durham Puts FBI on Trial Alongside Its Russian Collusion Informant
Igor Danchenko is the named defendant at this week’s trial, charged with lying as an informant in the now discredited Russia collusion investigation. But with probing questions and searing redirects, Special Counsel John Durham has turned the Russian researcher’s trial in the U.S. District courtroom in Alexandria, Va., into an expose of stunning FBI failures and omissions in its now-infamous pursuit of Donald Trump for crimes that turned out to be nonexistent.
Read MoreTwo More Railroad Unions Approve Labor Pact as Possible Strike Still Looms After Midterms
Two more unions have ratified a national collective bargaining agreement with the nation’s railroads.
The SMART Railroad, Mechanical and Engineering Department and the National Conference of Firemen & Oilers voted in favor of the deal.
Read MoreEdi Callier Wins The Road to Nashville
NASHVILLE, Tennessee- When I was invited to attend a reception that celebrated one of King Charles’ charities, The Unity of Faiths Foundation, (TUFF) who are co-organizers of The Road to Nashville songwriting contest, I knew it was going to be a spectacular event.
Read MorePoll: Republicans Retain Massive Lead on Midterm Ballots
Republicans are keeping a firm grip on their attempt to retake control of Congress, showing a massive lead over Democrats just three weeks away from the midterm elections, according to a new Rasmussen poll.
Forty-eight percent of likely U.S. voters reported that they would vote Republican if the election was held today, compared to 41% who said they would vote Democratic, according to the poll. The poll shows a continuously climbing lead for Republicans compared to last week when Republicans were at 47% and Democrats were at 43%.
Read MoreCommentary: Lawsuit to Block Student Loan Bailout Can Set Stage for Solving Debt Crisis
“Here’s the thing. People think that the President of the United States has the power for debt forgiveness. He does not…. [H]e does not have that power. That would have to be an act of Congress.”
Is this the perspective of a conservative legal analyst? A Republican politician? Nope. Those are the words of none other than House Speaker Nancy Pelosi, explaining to reporters last year why President Biden doesn’t have the authority to end student debt.
Read MoreVirginia, West Virginia Speakers Announce Collaboration on Advanced Nuclear Technology
Virginia Speaker of the House Todd Gilbert (R-Shenandoah) and West Virginia Speaker Roger Hanshaw (R-Clay) are partnering to create a framework to bring advanced nuclear technology to their states. West Virginia has recently repealed a ban on developing nuclear energy sources, and Virginia Governor Glenn Youngkin recently called for a “moonshot” — constructing a small modular reactor in southwest Virginia. In addition to addressing energy needs, leaders are hoping the push will bring economic and technological development to the economically-challenged areas.
“Virginia has been the beneficiary of nuclear power for many years,” Gilbert said in a Thursday press release. “Nothing works harder, longer, safer, or more reliably than a nuclear power plant. Small nuclear reactors are the next wave of energy technology, and Virginia should be an East Coast hub for its development and deployment. It’s important that rural and economically challenged areas, and the Commonwealth of Virginia as a whole, benefit from the innovation, jobs, and investment small modular nuclear technology will bring to the electric grid.”
Read MoreCommentary: The Monopoly Hiding in Plain Sight
With persistent inflation and growing concerns over a recession, pundits, policymakers, and the president have expressed concern about an alleged lack of competition lurking in the dark corners of the U.S. economy. As President Biden himself said, “capitalism without competition isn’t capitalism, it’s exploitation.” From Big Tech to baby food, both sides of the aisle are on the lookout for monopoly power. But sometimes the best place to hide is in plain sight.
Read MoreBiden Admin to Expel Illegal Migrants from Venezuela, Provide Thousands of Others a Legal Pathway
The Biden administration will begin expelling some illegal migrants from Venezuela to Mexico, while giving 24,000 others a legal pathway to enter the country, the Department of Homeland Security (DHS) announced Wednesday.
U.S. border authorities will return Venezuelan migrants who cross illegally to Mexico; however, if they cross the border at a U.S. port of entry and meet certain requirements, including having a U.S. sponsor, they will be allowed to enter and apply for work authorization, according to U.S. Citizenship and Immigration Services (USCIS).
Read MoreSaudi Arabia Confirms That Biden Pressured OPEC to Delay Oil Production Cuts Until November
Saudi Arabia’s foreign ministry issued a rare statement Wednesday confirming that the Biden administration pressured OPEC+ to delay oil production cuts until November.
The OPEC+ oil cartel, which includes Russia, slashed production by two million barrels per day (bpd) on Oct. 5 prompting the White House to threaten consequences for Saudi Arabia due to the ensuing jump in gas prices. The Saudi Foreign ministry responded on Oct. 12 with a lengthy defense of the decision, resisting pressure amid discussions with the U.S. to delay a decision until November, when it might be too late for the price hike to affect midterm election prospects, according to The Associated Press.
Read MoreMichigan’s Prop 3 Allows Children to Obtain Trans Hormones and Surgeries Without Parental Consent
Democrat Governor Gretchen Whitmer and her allies at Planned Parenthood have been marketing Michigan’s Proposal (Prop) 3 as an abortion amendment that would codify Roe v. Wade, but the measure would also allow children to obtain “gender affirming” hormones and surgeries without parental consent under the banner of “reproductive care.”
“Michigan is hiding a children’s constitutional right to genital amputation in its abortion amendment,” Margot Cleveland, senior legal correspondent at the Federalist, warned Wednesday.
Read MoreCommentary: The Evidence Is Real — Dead People Are Voting
The 2020 election was full of chaos and irregularities. States like Georgia and Pennsylvania took days to finalize election results. Mail ballots were found on floors of apartment floor lobbies. Dead people were even voting in states across the country!
Unfortunately, people have been voting from beyond the grave since well before 2020.
Read MoreSocial Security Cost-of-Living Adjustment Gets Biggest Bump in Decades to Keep Up with Inflation
The Social Security Administration (SSA) announced the largest increase to the Social Security cost-of-living adjustment in over three decades due to high inflation.
The SSA announced that supplemental income benefits, which are paid to beneficiaries in addition to their regular benefits to offset inflation and other unexpected costs, would increase by 8.7%. This would, on average, increase benefits by $140 per month for most beneficiaries, beginning in January of 2023.
Read MoreBiden Admin to Bar Chinese Telecom Giants from U.S. Market
The Federal Communications Commission (FCC) plans to ban telecommunication devices and video surveillance equipment from five Chinese companies in a recent move to address national security concerns, according to Axios.
The proposed FCC ban blocks Huawei, ZTE, Hytera Communications Corporation, Hikvision and Dahua Technology Company on national security grounds, marking the first time the FCC has attempted to implement an electronics ban on that basis, Axios reported. The proposed ban follows an Oct. 5 draft order circulated by FCC Chairwoman Jessica Rosenworcel that, if approved through a vote, will effectively block all equipment sales by firms that pose a threat to the U.S., according to Axios.
Read MoreBiden FDA Approves COVID Booster Shot for Children 5-11 Years Old Without Testing
Pfizer Inc. and BioNTech announced Wednesday the Biden Food and Drug Administration (FDA) granted Emergency Use Authorization (EUA) for their “bivalent” mRNA COVID-19 booster shot for children aged 5-11 years without having completed clinical trials.
“As families across the country take part in fall festivities and plan for the upcoming holiday season, we aim to provide school-aged children with additional protection against the Omicron BA.4/BA.5 subvariants, which continue to account for more than 80% of cases in the U.S.,” said Pfizer CEO Albert Bourla. “Anticipating this need, we manufactured millions of booster doses, which will be made available, pending CDC recommendation, to help families stay up to date with COVID-19 vaccinations.”
Read MoreCommentary: The Danchenko Trial Is a Window on the Corrupt Ruling Class
The Igor Danchenko trial, which started this week, has already yielded embarrassing revelations about the “Steele dossier” fiasco. The FBI, it turns out, offered Christopher Steele, former Secretary of State Hillary Clinton’s opposition researcher, $1 million to prove his claims about Trump–Russia collusion. He couldn’t do it. But that didn’t stop the FBI from using his tissue of lies to obtain a search warrant against Carter Page, a hapless Trump campaign volunteer.
Read MoreCNU Poll: Youngkin Approval at 50 Percent, Democrats Slightly Ahead on Generic Ballot
Governor Glenn Youngkin has a 50 percent job approval rating but Democrats are slightly ahead on the generic ballot in a new poll released by Christopher Newport University’s Wason Center.
“When asked about the direction of the Commonwealth, 42 percent say Virginia is headed in the right direction, while 40 percent say the wrong direction. 50 percent of Virginians approve of the job Governor Youngkin is doing while 40 percent disapprove and nine percent indicate they don’t know,” the center reported Wednesday
Read MoreFacebook ‘Whistleblower’ Teams Up with Ex-Feds, Left-Wing Billionaire to Police Social Media
Former Facebook employee and whistleblower Frances Haugen is heading a new initiative, featuring a slew of former intelligence officials and bankrolled by a left-wing billionaire, that aims to influence how social media companies moderate speech and content.
Haugen will co-chair the Council for Responsible Social Media, according to a Wednesday press release from Issue One, a non-profit sponsoring the initiative. The council’s members includes Leon Panetta, former CIA Director and secretary of Defense under Barack Obama, Chris Krebs, director of the Cybersecurity and Infrastructure Security Agency under Donald Trump, and Bush administration CIA Director Porter Goss; members also include the Biden administration’s former Director for Legislative Affairs at the National Security Council Nicole Tisdale and Obama administration Defense Secretary Chuck Hagel.
Read More‘Guns Pointed at Me’: FBI Arrests Father of 11 in Front of His Children for Pro-Life Work
The Federal Bureau of Investigation this week arrested a pro-life father of 11 children, charging him with “conspiracy against rights secured by the FACE Act, and committing FACE Act violations.”
Paul Vaughn of Centerville, Tennessee, told The Daily Signal in a Friday phone interview that FBI came to the door of his home, “guns pointed at the door, banging on the house, yelling and screaming, ‘Open up. FBI,’ that kind of thing. When I opened the door and saw the guns pointed at me, I asked them what they wanted, who they were looking for, and they said they wanted me.”
Read MoreCommentary: California Is Evading Fiscal Transparency
California may have one of the largest economies in the world, but when it comes to keeping tabs on its own spending it’s dead last among the states. For years, all 49 other states have been able to answer a single public records request and show us where they spent taxpayer money – every check to every company, nonprofit, union or other entity.
Read MoreFBI to Investigate ‘Hate Speech’ Attack on School That Banned Girls from Their Own Locker Room
The FBI is helping investigate an anti-LGBTQ hate speech attack that occurred on a Vermont school district’s website, according to a Tuesday statement by the superintendent.
The Orange Southwest School District’s website is currently disabled following an Oct. 1 attack to its website which included “hate speech, symbols, and photographs targeting transgender individuals,” according to the VT Digger. The FBI is working to investigate the attack, according to a statement by the superintendent Layne Millington.
Read MoreObama’s ‘Democracy Forum’ Promotes Director of ‘Zuckerbucks’ Organization That Poured Millions into 2020 Election
Former President Barack Obama’s foundation is set to host a forum in November on dangers to democratic institutions that promotes the executive director of a non-profit that spent millions in “Zuckerbucks” funding election offices in the 2020 election.
Obama on Monday announced the Obama Foundation would host the “Democracy Forum,” an event focused on safeguarding democracy from various challenges set to include “pro-democracy thinkers, leaders, and activists,” in November. The forum, held in partnership with Columbia University and the University of Chicago, names as a “leader” Tiana Epps-Johnson, founder and executive director of the Center for Technology and Civic Life (CTCL), which distributed nearly $350 million in grants to election offices in the 2020 election thanks in large part to donations from an initiative backed by Meta CEO Mark Zuckerberg.
Read MorePfizer Executive Admits COVID Vaccine Was Never Tested for Blocking Transmission of Virus
A top Pfizer international executive admitted to a European Parliament committee Tuesday that the pharmaceutical giant did not test its COVID mRNA shot for whether it could prevent transmission of the virus before it was placed on the market and then mandated in many parts of society throughout the world.
Rob Roos, a member of the European Parliament from the Netherlands, tweeted a video of his exchange with Janine Small, president of international developed markets at Pfizer.
Read MoreTeachers’ Union Boss Backs GOP Sen. John Cornyn’s Controversial ‘Civics’ Bill
American Federation of Teachers (AFT) President Randi Weingarten announced her endorsement of a federal “civics education” bill sponsored by Senator John Cornyn (R-TX), one that the National Association of Scholars (NAS) observed “is more an attempt to smuggle activist training into American K-12 classrooms than it is a good-faith effort to improve civic literacy.”
Weingarten began her column at Newsweek last week with a call for renewed civics education that is all entangled with her view that Donald Trump “and his cronies ran roughshod over the principles most of us learned in grade school.”
Read MoreCommentary: Made in the USA Matters
Supply chain nightmares with shipping delays, exorbitant cost increases, and scarcity of ground transportation are making headlines daily. Companies are looking for ways to stay competitive and hold down the cost of goods in these tumultuous economic times.
Read MoreGood Blasts Riggleman for Endorsing Spanberger
Representative Bob Good (R-VA-05) blasted his predecessor Denver Riggleman for endorsing Representative Abigail Spanberger (D-VA-07) for reelection.
“This is a marriage made in heaven,” Good said on The John Fredericks Show. “I have not, in two years, talked about my predecessor, but I’ll do that this morning a little bit. Abigail Spanberger has been a fraud from the very beginning. She ran as a moderate, she voted as a leftist.”
Read MoreKiggans and Luria Trade Blows on Abortion, Economic Policy
Representative Elaine Luria (D-VA-02) and challenger Virginia Senator Jen Kiggans (R-Virginia Beach) faced off in a Wednesday debate hosted by the Hampton Roads Chamber of Commerce. While many of the debate questions were more business-focused, the two candidates took repeated swings at their opponents’ weak points. Kiggans attacked Luria for aligning with Democrats and cited the economic impacts of their policy, and Luria warned that if elected, Kiggans would take a hard line on abortion and other reproductive issues.
The moderator asked Luria how she felt about the end of the Atlantic Coast Pipeline and what the district should expect from Luria on energy. She responded by emphasizing the importance of nuclear power and added, “What they can expect from me: offshore wind development. You know, we’re not going to wake up tomorrow and stop using oil and natural gas. Of course we need adequate transmission of oil and natural gas to support our industry in the area.”
Read MoreDuke Spirits Launches The Masters Music Series
NASHVILLE, Tennessee — Launched on October 7, Duke Spirits teamed with a talented group of artists for its latest project, The Masters Music Series. Hosted by Runaway June’s Jennifer Wayne, The Masters Music Series is a live performance video series that unites an accomplished group of musicians and writers, showcasing and supporting both emerging and established artists through various programs and initiatives. The series will release two videos each week on Duke Spirits’ YouTube channel.
Read MoreRail Workers Reject New Contracts, Reviving Strike Fears After Biden Took Credit for Ending Dispute
A major rail-worker union having rejected a Biden administration-backed labor contract has reignited concerns about a strike that could worsen the county’s ongoing supply chain issues and fuel inflation that has already reached record highs, in part over a scarcity of goods.
The Brotherhood of Maintenance of Way Employees Division of the Teamsters on Monday rejected the tentative contract in large part over a lack of paid sick days, union President Tony Cardell said.
Read MoreCommentary: Republicans Can Earn National Supermajority Status
If you want to reduce crime, bring back affordable energy, get America’s southern border under control, and once again teach children academic fundamentals in the public schools instead of brainwashing them with politicized garbage, you might support Republicans merely because they aren’t Democrats.
This isn’t a bad argument, but it isn’t enough to turn the tide.
Read MoreDurham Shows Jurors Emails to Prove Danchencko Concealed, Lied to FBI About Steele Dossier Sources
In the opening of the second day of Special Counsel John Durham’s case against Russia intelligence expert Igor Danchencko, Durham walked jurors through a series of emails to bolster his case that Danchenko lied to the FBI about gathering information in the agency’s 2016 Russia collusion probe.
Danchenko faces five counts for allegedly lying to the FBI about his role in gathering information about then-GOP presidential nominee Donald Trump during his 2016 White House bid, as part of a federal investigation into alleged collusion between Russia and the Trump campaign.
Read MoreBiden’s Labor Department Is Planning to Shake Up a Key Rule for Gig Workers
The Department of Labor on Tuesday announced a proposed change to rules governing independent contractors that could re-classify millions of gig workers as full employees, dramatically increasing their chances to obtain certain benefits.
The Labor Department repeatedly characterized the move as a way to reduce “misclassification” of workers who deserved to be counted as employees in a document explaining the rule change. If the new rule is approved, millions of workers that do not currently qualify for minimum wage, overtime, Social Security contributions and other benefits, could see their standing reconsidered, according to The New York Times.
Read MoreKey Inflation Metric Doubles Expectations with Core Prices Still High
Wholesale inflation exceeded economists’ expectations year-over-year in September, according to the Bureau of Labor Statistics’ (BLS) Producer Price Index (PPI), with core prices staying high despite efforts from the Federal Reserve to rein in inflation.
The index increased 0.4% for the month, while the Dow Jones had only estimated a 0.2% gain; prices rose 8.5% year-on-year for final demand goods and services, down from 8.7% in August but higher than expectations of an 8.4% increase, according to the BLS. Final demand prices not including food and energy, or “core” prices, rose 7.2% year-on-year in September.
Read MoreReport: Mexico Sues U.S. Gun Companies for Alleged Arms Trafficking After Judge Dismisses Similar Case
The Mexican government is suing five U.S. gun manufacturers for alleged arms trafficking following a judge’s dismissal of a similar case, according to Reuters, which obtained a copy of the lawsuit.
The lawsuit centers around “straw” sales of guns by customers purchasing on someone else’s behalf, Mexican government legal advisor Alejandro Celorio told Reuters. The Mexican government recently said that 500,000 guns are moved across the border from the U.S. to Mexico per year.
Read MoreColorado Mistakenly Sends Voter Registration Notices to 30,000 Non-Citizens
The Colorado Secretary of State’s Office mailed voter-registration instructions to roughly 30,000 non-citizens living in the state.
The agency said it is attempting to determine why the registration postcards were sent to people who had non-citizen state driver’s licenses, Colorado Public Radio reported last week.
Read MoreCommentary: Tulsi Gabbard Didn’t Leave Democratic Party, The Party Left Her
“I can no longer remain in today’s Democratic Party.”
That was the message former Rep. Tulsi Gabbard, a now-former Hawaii Democrat, delivered Tuesday. Her message was clear: the Democratic Party has gone off the deep end of left-wing extremism.
Read MoreFederal Court Orders Parts Manufacturer for Two Car Companies to End ‘Oppressive’ Child Labor Practices
The U.S. Department of Labor (DOL) obtained a federal court order to restrict an Alabama-based automotive parts manufacturer for Kia and Hyundai from employing children, many as young as 13, according to a recent DOL press release.
The U.S. District Court for the Middle District of Alabama ruled in a September consent judgment that the company, SL Alabama LLC, a subsidiary of South Korean SL Corporation, violated the Fair Labor Standards Act and engaged in “oppressive” labor practices, the release stated. The ruling follows an investigation by the Wage and Hour Division, and will effectively block SL Alabama LLC from shipping any products within 30 days of violations.
Read MoreFeds Pay $100K to Train Grad Students in ‘Diversity, Equity, Inclusion’
A top federal health research agency awarded more than $100K in taxpayer dollars for diversity and equity training for grad students to make them “agents of change.”
The National Institutes of Health allocated $103,380 via a federal grant to train students at the the NIGMS T32 predoctoral training program in Molecular and Cellular Biology at UC Davis in equity and inclusiveness.
Read MoreRiggleman Endorses Spanberger; Republicans Say That Shows She’s Desperate
Former Republican Representative Denver Riggleman endorsed Representative Abigail Spanberger (D-VA-07) and appeared in a new ad touting Spanberger’s moderate stance. The Republican Party of Virginia (RPV) fired back, saying that Spanberger is “trying to burnish the false veneer of bipartisanship.”
“In Congress, the parties sit apart and don’t work together — except for Abigail Spanberger,” Riggleman says in the ad. “She’s trying to change Congress and make it work.”
Read MoreState Department Pushes Gender Transition Treatment for Diplomats and Their Children Abroad
The State Department released a Diversity, Equity, Inclusion and Accessibility (DEIA) Strategic Plan that says it is seeking to “assess resources for gender dysphoria and gender transition care at posts for employees and their dependents,” a move that suggests the department may be looking to taxpayer-funding to expand such treatments.
The Biden administration has mandated all federal agencies to have a plan to implement policies that reflect equity and inclusivity, with an emphasis on LGBTQ individuals, and some Republicans in Congress say such a policy for the gender dysphoric children of diplomats overseas would damage the credibility of the United States abroad.
Read MoreFBI Intel Analyst Tells Durham Agency Offered Steele $1 Million to Corroborate Dossier
An FBI analyst on Tuesday in federal court told Special Counsel John Durham the agency offered former British spy Christopher Steele “up to $1 million” to corroborate evidence in his now-discredited dossier that was central to a federal investigation into possible collusion between Russia and the 2016 Trump presidential campaign.
Read MoreCommentary: Race-Baiting, Critical Race Theory Still High on Teachers Unions’ To-Do List
If you think teachers’ unions were discouraged to learn that nearly two-thirds of American adults hold an unfavorable view of Critical Race Theory (CRT) or that their own outspoken advocacy of the curriculum has proved to be political Kryptonite, you’re either overestimating their concern for what anyone else believes or underestimating their determination to turn schools into liberal indoctrination centers.
Read MoreResponding to Registration Backlog, Virginia Commissioner of Elections Says System Strained by Elections Law Changes
Commissioner of the Department of Elections (ELECT) Susan Beals said that legislative changes have stressed Virginia’s elections registration system, although she said the department is still investigating what caused a delay in the processing of thousands of voter registrations from the Department of Motor Vehicles.
Read MoreMusic Spotlight: Ian Munsick
NASHVILLE, Tennessee – Ian Munsick comes from a musical ranching family. They were and are real-life singing cowboys. Under the tutelage of their fiddle-playing father, Munsick and his two older brothers grew up playing everything from bluegrass to The Beatles.
Ranching was how their father provided for them, but in the evenings, the family would often play music around town. They did rodeos and private events while traveling around the Rocky Mountain region.
Read MoreExpect Layoffs and a Recession If Fed Doesn’t Let Up, Bank of America Exec Warns
If the U.S. Federal Reserve continues its policy of aggressive interest rate hikes, the U.S. could lose hundreds of thousands of jobs, spiking unemployment, according to a Bank of America analysis, CNN reported.
Bank of America’s Chief U.S. Economist Michael Gapen expects roughly six months of relatively high unemployment and a”mild recession,” as the Fed’s aggressive interest rate hikes blunt consumer demand, he told CNN Monday. However, Gapen also noted that the typical bounceback seen after a recession might be delayed if the Fed, which has been incredibly hawkish on interest rates, refuses to reduce rates.
Read MoreClinton Campaign Manager Who Spread Trump-Alfa Bank Story Involved in DHS Election Censorship
During the 2016 election, Hillary Clinton’s campaign manager helped spread the Russia collusion narrative, one of the most impactful disinformation campaigns in American electoral history. Four years later, a group he co-founded was involved in the federally backed censorship machine against purported 2020 election misinformation.
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