Sunday, September 25, 2022
The Game..
Wharton professor Jeremy Siegel has a big issue with the Federal Reserve's aggressive interest rate hikes in its bid to tame inflation, and worries that the central bank is making the biggest mistake in its history and may provoke a steep recession.
That's because, according to Siegel, inflation is starting to come down significantly and the Fed is still moving forward with its rate hikes.
The last two years [are] one of the biggest policy mistakes in the 110-year history of the Fed, by staying so easy when everything was booming," Siegel said.
Siegel expects the overly tight actions from the Fed will continue to weigh on stock prices, and if tightening actions from the Fed continue through 2023, "you can make sure that there's a major recession on the other side," Siegel said
Liz..
House Republicans voted to remove Wyoming Rep. Liz Cheney from her House GOP leadership position following her criticism of former President Donald Trump and his continued attacks on the 2020 election.
The results are now official in one of the most watched congressional primary elections in recent memory. Conservative challenger Harriet Hageman, the Trump-endorsed candidate in the race soundly defeated Trump-hating Congresswoman Liz Cheney in the Republican primary for Wyoming’s at-large congressional seat.
It represents a stunning loss for Rep. Cheney, who received 69% of the vote in her 2020 general election victory just 21 months ago.
The producers of the January 6th Hearings have sadly confirmed that their star Liz Cheney will not be returning for season 2.
Day light..
Sanctuary..
This..
Trickle..
Saturday, September 24, 2022
Giorgia..
Italians were braced for seismic change on Saturday, on the eve of an election forecasted to hand Italy the most rightwing government since the second world war.
Giorgia Meloni, the head of the post-fascist Brothers of Italy party, is widely tipped to become the country’s first woman to head a government.
Italy is battling a series of crises, from rampant inflation and extreme weather events linked to climate change, to an energy crisis aggravated by the war in Ukraine.
Their battle is really being associated with the US on the sanctions that is impacting italy the most. Just a thought.
Gridlock..
New York City traffic on Wednesday saw peak gridlock with President Joe Biden in town for the United Nations General Assembly. The stretch of congestion started Monday and last all week, and there's more to come after.
While the City is discussing the congestion in Manhattan, the President come to town, not sure for what reason.
Manhattan Streets and Avenues are blocked, and public, private traffic, and Medical emergencies stopped for hours just because the President is in town. He basically could have bad mouth Russia on Zoom talking to the UN Assembly, instead of disrupting 9 million lives in NY city.
Yet the Democratic Party Political machine cared so much about their own "taking Pictures to post." than anything else. Just a thought.