Screwed..

 

 Preliminary data from Europe's statistics office showed headline inflation came in at an annual 10.7% this month. This represents the highest ever monthly reading since the euro zone's formation. The 19-member bloc has faced higher prices, particularly on energy and food, for the past 12 months. But the increases have been accentuated by Russia's invasion of Ukraine in late February.

This proved to be the case once again, with energy costs expected to have had the highest annual rise in October, at 41.9% from 40.7% in September. Food, alcohol and tobacco prices also climbed in the same period, jumping 13.1% from 11.8% in the previous month. 

In Italy, inflation came at 12.8% year on year. Germany 11.6%,  France 7.1%, more than 20% Estonia, Latvia and Lithuania. That reflect the level of dependency their nations have, or had, on Russian hydrocarbons.

Sanctions on Russia delivered a knockout to the EU economies which will last for the coming three years. Just a thought.

Tone..

 

President Biden took an optimistic tone after visiting California on Friday when he predicted Democrats could win a true majority in the Senate and could maintain control the House in Tuesday's election. 

"I haven’t been in all the House races, but I think we’re going to keep the Senate and pick up a seat," he said after having visited Carlsbad and was en route to Chicago. "I think we have a chance to win in the House."
Biden's remarks go against what many predicted will be a solid night for Republicans amid Biden's declining approval ratings and economic concerns for many Americans.

Bidenocchio..

 

Get you..

 

Look...

 

We place Sanctions on North Korea, and Iran that suffocate its economy and still want them to alien with us against Russia.

Comment: Can we take a second look at all these sanctions. on all these countries. It is hurting the poor and the children. Just a thought.

Run..

 

Yak Yak..

 

Gamble..

Senior Democrats tend to forget that most Americans don’t hate Trump or love abortion as much as they do. Voters care more about the cost-of-living and crime. Under Biden, inner-city violence has rocketed. So have food and gas (petrol) prices. 

The Inflation Reduction Act may turn out to be one of the worst-named pieces of legislation in recent history. It did little or nothing to reduce prices and in fact introduced yet another vast bout of inflationary government spending in the short-term, while promising higher tax revenues (the hard part) down the line.

Bidenomics is no saner than Trussonomics, when you think about it, although the American economy is of course much more powerful than Britain’s. 

Biden seems to have taken a gamble that inflation will come down to a non-frightening level in time for the midterms. That hasn’t paid off.

Terrified..

 

The Times quotes terrified-sounding Democrats around the country.  

Terrified that Joe Biden will run for re-election. 

Terrified that there’s no consensus for anybody else. 

Most of all, terrified that if given the option, the American people will re-elect Donald Trump.

Now we know, not that we didn’t, that the one-sided “investigation” into the former president’s thoughts, words and actions on January 6 is just a desperate attempt to do what every investigation so far has utterly failed to do, which is find Donald Trump guilty of something, anything, in order to prevent the American people from having the opportunity to put him back in office.  

That supposedly sure-fire political messaging weapon has failed again against Trump.

The Democrats’ problem is that every time the show ends and the news come on, Joe Biden is the president, Gas prices are high, Inflation are high, south border are a major problem and food cost, housing etc are a major problem.  Just a thought.

Roost..