Boast..

 

President Joe Biden’s administration faces a double disaster after its Ukraine miscalculation, namely a US recession and a second strategic humiliation in the space of a year.

The US economy is almost certainly in recession, while oil prices drive inflation that has cut workers’ real pay by about 6% year on year.

Washington’s earlier boasts of driving Russian President Vladimir Putin from power, destroying Russia’s capacity to make war and halving the size of the Russian economy look ridiculous in retrospect.

Russia meanwhile earned a record €93 billion (US$97 billion) from energy exports during the first 100 days of the war, a Finnish study concluded. 

China and India, which refused to join Group of Seven sanctions against Russia, reportedly are buying oil at a discount of $30 to $40 per barrel, while American and European consumers are paying the full price $120 if they can find it.   

Just a thought.

Inserection..

 

Capitol Police said Friday that officers detained seven unauthorized people in a congressional office building Thursday night and charged them with unlawful entry.

The people identified themselves as being affiliated with CBS' “Late Show with Stephen Colbert,” a person familiar with the matter told The Associated Press.

Capitol Police said they received a call about a disturbance in the Longworth House Office Building around 8:30 p.m. “Responding officers observed seven individuals, unescorted and without Congressional ID, in a sixth-floor hallway,” the agency said in a statement. “The building was closed to visitors, and these individuals were determined to be a part of a group that had been directed by the USCP to leave the building earlier in the day.”

The USCP statement said the case remains “an active criminal investigation, and may result in additional criminal charges.” Capitol Police.

This is a laissez faire type of service to the US Capital.  Just an "Inserection" thought.

Subrime..

 

The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred between 2007 and 2009.   

The causes of the Great Recession began with the bursting of the United States housing bubble in 2005–2012. Homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined, causing several to collapse or be bailed out in September 2008. This 2007–2008. 

The combination of banks unable to provide funds to businesses, and homeowners paying down debt rather than borrowing and spending, resulted in the Great Recession that began in the U.S. officially in December 2007 and lasted until June 2009, thus extending over 19 months.

 As with most other recessions, it appears that no known formal theoretical or empirical model was able to accurately predict the advance of this recession.

Housing- Banks, Stock Market, Unemployment. Is this happening again in 2022?  

Just a thought.

Bidenomics..

 

The current inflation, the high prices of gas, the trouble in the Russia/Ukraine conflict, the sanctions on Russia that is creating shortage of food worldwide, the collapse of the US stock market, 8 Trillion dolars so far, and the coming Recession are manufactured deliberately by the Democratic Party in such a short period of a year and a half. 

Best of luck.  Just a thought.

Gain..

 

Its Putin's fault- 

Realize..

 

Recession..

 

Incontinent..

 

Lost..

 

The Supreme Court struck down New York state’s system for issuing concealed weapons permits, ruling that the century-old law requiring that applicants demonstrate “proper cause” and “good moral character” violates the Second Amendment.

The 6-3 decision, New York State Rifle & Pistol Association Inc. v. Bruen, marks the widest expansion of gun rights since 2010, when the court applied nationwide a 2008 ruling establishing an individual right of armed self-defense within the home. It puts in question similar laws in at least eight other states and the District of Columbia, where authorities hold substantial discretion over issuing concealed-weapons permits.

Elected officials in New York said they were worried about the implications of the court ruling against the permitting system. New York City Mayor Eric Adams, a former police captain, said it would make policing more difficult if more people were allowed to carry guns. “This is not the wild, wild West,” he said earlier this month.

The New York Democratic Politicians and their advisors are oblivious of the United Stated Constitution.  Just a thought.

Ruble..

Russian ruble continues to rise against the dollar, making it the best-performing currency in the world this year.

Three months after the ruble's value fell to less than a U.S. penny amid the toughest economic sanctions imposed on a country in modern history, Russia's currency has mounted a stunning turnaround. The ruble has jumped 40% against the dollar since January. 

"It's an unusual situation," said Jeffrey Frankel, professor of capital formation at the Harvard Kennedy School. 

The main reason for the ruble's recovery is soaring commodity prices. After Russia invaded Ukraine on February 24, already high oil and natural gas prices rose even further.

Another failure of the sanctions against Russia. Obviously, the sanctions are exacerbating the food shortage, supply chain, oil prices and finally Inflation. 

 Just a thought