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Friday, February 11, 2022

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Inflation Hits 40-Year High

From Ed Morrissey: Remember when Joe Biden claimed that inflation had hit a peak? Good times, good times. The consumer price index instead rose to an annual rate of 7.5%, the highest in exactly 40 years, driven by large spikes in food and energy prices (Hot Air). Families are painfully aware (NY Post). From the Wall Street Journal: The report jolted financial markets, as stocks fell and bond yields rose. But nothing in the January report should be shocking. This is what happens when the government massively expands the money supply and over-stimulates demand. Yet the Federal Reserve and Biden Administration last year dismissed inflation as “transitory.” They have belatedly dropped that line, but they still won’t concede that inflation is becoming more entrenched as price increases have exceeded 5% for eight months in a row (WSJ). Biden called NBC’s Lester Hold at “wise guy” for wanting him to explain the claim inflation is temporary (Daily Mail).

Biden to Americans in Ukraine: Leave, We Can’t Help You

This sounds familiar. From the story: “American citizens should leave now,” Biden said in an interview with NBC News’ anchor Lester Holt. “It’s not like we’re dealing with a terrorist organization. We’re dealing with one of the largest armies in the world. It’s a very different situation and things could go crazy quickly.” Holt asked Biden what scenario could prompt him to send troops to rescue Americans fleeing the country. Biden replied: “There’s not. That’s a world war when Americans and Russia start shooting at one another.”

NBC News

Ontario Court Freezes Crowdsourced Donations to Freedom Convoy

From the story: Donating to the convoy through the platform is now illegal in the province. The Freedom Convoy has been relying on money raised through the platform since it was kicked off GoFundMe, which claimed that the truckers violated its policies, last week (Washington Examiner). GiveSendGo tweeted “Know this! Canada has absolutely ZERO jurisdiction over how we manage our funds here at GiveSendGo. All funds for EVERY campaign on GiveSendGo flow directly to the recipients of those campaigns, not least of which is The Freedom Convoy campaign” (Twitter). GiveSendGo plans to ignore the Ontario provincial government (Post Millennial).

Poll Finds Most Americans Say Biden Has Done Nothing They Like

From the story: The President’s ratings have fallen across the board, the survey found. Just 41% approved of the way he’s handling his job while 58% disapproved, a significant drop from his approval numbers in CNN polling last year. Just 36% of independents. Later the story notes “Over the past two months, the twin challenges of widespread inflation and a deluge of coronavirus cases due to the Omicron variant appear to have hit Biden’s ratings hard: His approval rating for handling the economy has dipped 8 points to 37% since early December, while his ratings for handling coronavirus have dropped 9 points to 45%” (CNN). From Hugh Hewitt: Wow. Nothing at all? The guy got a puppy (Twitter). CNN’s Chris Cillizza worries “The Democratic base — those most likely to support Biden — is feeling a bit “meh” toward him at the moment. Meanwhile, the GOP base is on fire, passionate in its distaste for the way Biden has handled the presidency” (CNN).

American Bar Association Forcing Wokeness on Law Students

From the story: Legal education is about to undergo a revolutionary change, with the American Bar Association poised to mandate race-focused study as a prerequisite to graduating from law school. It’s another instance of woke ideology being forced on the nation, and may necessitate that states revisit the ABA’s government-granted near-monopoly accrediting power.

RCP

Biden Rejects Findings of Report on Afghanistan

From the story: Asked about the report during an interview with NBC’s Lester Holt on Thursday, Biden said that it didn’t square with his impression of the administration’s handling of the withdrawal. “No, that’s not that I was told,” Biden said when asked if the details of the investigation, which was reported by The Washington Post, rang true to him. “There was no good time to get out, but if we had not gotten out, they acknowledged we would have had to put a hell of a lot more troops back in.” Asked if he was rejecting the findings of the report, Biden replied, “Yes, I am.” “I am rejecting them,” he said.

The Hill

Small Towns Hit Hardest by Nursing Shortage

Strangely, the story never mentions that thousands of nurses have been fired for refusing to be vaccinated.

Fox News

Beto, Running for Texas Governor, Changes Tune on Gun Confiscation

When running for president, just three years ago, Beto said “Hell, yes, we’re going to take your AR-15, your AK-47.” Now he says “I’m not interested in taking anything from anyone. What I want to make sure that we do is defend the Second Amendment” (National Review). Video of Beto bragging he’ll take away weapons (Twitter).

Some California Kids Banned from Prom Over Vaccination Status

The City of Oakland is keeping them out of the venue (National Pulse). At the same time, some Oakland schools are closing due to justifiable declining enrollment (Time).

10.

Cost of California’s High Speed Rail Now Up to $105 Billion

It started out at $40 billion.

WSJ