With consumer appetite for plug-in electric vehicles tanked and manufacturers making up for huge losses by charging more for gasoline cars and trucks that they actually want, EPA has just raised central-government-knows-best green zealotry to draconian heights. On Good Friday, when news outlets were relatively quiet, the agency rolled out a new de facto EV […]
Many changes have occurred in American society over the past few decades, largely due to a surge of Socialism supporters. Most of them call themselves “Progressives.” The honest ones announce they are members of the Democrat Socialists of America. One of the primary tenets of Socialism is aimed to substitute private property for social ownership […]
The Biden Administration is frustrated. After dumping fiscal stimulus that exceeds both the New Deal and the Great Society into the economy, he gets strikingly little political payback for such lavish handouts. The economy has been growing at a decent rate, unemployment appears rather low, and the stock market has been doing much better than […]
https://pricklypear.news/wp-content/uploads/iStock-1556146183-1-scaled.jpg16372560Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2024-04-16 00:30:522024-04-18 11:42:01Why The Public Does Not Love Bidenonmics
Ugly inflation in services drives up the 3-month “core CPI” for 7th month, to 4.5% annualized, worst in a year, and the 3-month overall CPI to worst since Nov 2022. So inflation behaved very badly again in March. January was terrible, but it was kind of written off as maybe one of those January blips. […]
https://pricklypear.news/wp-content/uploads/inflation.jpg320539Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2024-04-15 00:30:032024-04-13 12:57:58Beneath the Skin of CPI Inflation, March: Inflation Behaves Very Badly, Saga Far from Over
Oil and gasoline prices are rising now, just in time to become an issue for the 2024 presidential election campaign. The U.S. domestic price for West Texas Intermediate topped $86 per barrel in Friday trading, while the international Brent index briefly hit $91 before dropping slightly below that level. These are the highest prices for […]
https://pricklypear.news/wp-content/uploads/iStock-183358186-1-scaled.jpg18702560David Blackmonhttps://pricklypear.news/wp-content/uploads/logo_2023.pngDavid Blackmon2024-04-14 00:32:162024-04-18 11:45:24Biden Must Stop Playing Politics With The Strategic Petroleum Reserve
Editors’ Note: This is just another example of wild spending to force change in the energy field on Americans and how badly US corporations have been corrupted by the government by the cynically named Inflation Reduction Act. “Wind turbines are like strippers. They stop working when you stop throwing money at them.” Author unknown […]
European farmers are reshaping the political landscape across the Atlantic just months before the EU’s parliamentary elections. European farmers are reshaping the political landscape across the Atlantic about two months before 27 member states of the European Union (EU) vote on new leadership in their parliamentary elections. Between June 6 and June 9, residents in […]
https://pricklypear.news/wp-content/uploads/germanfarmers-scaled.jpg17072560Tristan Justicehttps://pricklypear.news/wp-content/uploads/logo_2023.pngTristan Justice2024-04-12 00:26:162024-04-10 07:17:52Farmers’ Revolt Over Radical Green Agenda Could Reshape Europe Ahead Of EU Elections
Pandemic Panic was a fascinating book to read, especially for a lawyer like me. It very quickly had my blood pressure way up as it reminded me of the nearly three years of governmental thuggery, heavy-handedness, imposition of idiotic and often irrational rules, and resort to lockdown lunacy. If that last sentence sounds as though I […]
And wages rose at a good clip too. It was the kind of jobs report we’d expect from an economy that is plugging along just fine, at growth rates that are above the long-run average, powered by drunken sailors all around: By consumers outspending inflation with gusto, especially on services, by the government spending trillions it borrows hand-over-fist, […]
https://pricklypear.news/wp-content/uploads/jerome_powell.jpg13662048Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2024-04-09 00:28:312024-04-10 12:54:31Nothing in the Jobs Report Indicates the Fed Should Cut Rates: Labor Market Plugging Along Just Fine despite 5.5% Rates
Having spent 45 years in financial services, we recognize how difficult it is to estimate what markets will do. Yet, the human brain wants to have “some idea” of the potential of a given investment over time. After all, don’t we all want to own something that will be going up with significant potential and […]
https://pricklypear.news/wp-content/uploads/iStock-165418687-scaled.jpg17092560Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2024-04-08 00:32:362024-04-08 14:18:54The Relevance Of Gold Price History
EV Truck Rule Highly Inflationary
/in Economy, Environment, Liberty, Personal Finance, Politics/by Larry BellWith consumer appetite for plug-in electric vehicles tanked and manufacturers making up for huge losses by charging more for gasoline cars and trucks that they actually want, EPA has just raised central-government-knows-best green zealotry to draconian heights. On Good Friday, when news outlets were relatively quiet, the agency rolled out a new de facto EV […]
The Ultimate Destruction of Private Property
/in Culture War, Economy, Featured, Latest News, Liberty, Personal Finance, Politics/by Bruce BialoskyMany changes have occurred in American society over the past few decades, largely due to a surge of Socialism supporters. Most of them call themselves “Progressives.” The honest ones announce they are members of the Democrat Socialists of America. One of the primary tenets of Socialism is aimed to substitute private property for social ownership […]
Why The Public Does Not Love Bidenonmics
/in 2024 Election, Economy, Featured, Latest News, Personal Finance, Politics/by Neland NobelThe Biden Administration is frustrated. After dumping fiscal stimulus that exceeds both the New Deal and the Great Society into the economy, he gets strikingly little political payback for such lavish handouts. The economy has been growing at a decent rate, unemployment appears rather low, and the stock market has been doing much better than […]
Beneath the Skin of CPI Inflation, March: Inflation Behaves Very Badly, Saga Far from Over
/in Economy, Featured, Latest News, National Security, Personal Finance, Politics/by Wolf RichterUgly inflation in services drives up the 3-month “core CPI” for 7th month, to 4.5% annualized, worst in a year, and the 3-month overall CPI to worst since Nov 2022. So inflation behaved very badly again in March. January was terrible, but it was kind of written off as maybe one of those January blips. […]
Biden Must Stop Playing Politics With The Strategic Petroleum Reserve
/in 2024 Election, Economy, Environment, Featured, Foreign Policy, Latest News, National Security, Politics/by David BlackmonOil and gasoline prices are rising now, just in time to become an issue for the 2024 presidential election campaign. The U.S. domestic price for West Texas Intermediate topped $86 per barrel in Friday trading, while the international Brent index briefly hit $91 before dropping slightly below that level. These are the highest prices for […]
General Electric’s Taxpayer-Powered Wind Machines
/in Economy, Environment, Featured, Latest News, Liberty, National Debt, Politics/by Ken BraunEditors’ Note: This is just another example of wild spending to force change in the energy field on Americans and how badly US corporations have been corrupted by the government by the cynically named Inflation Reduction Act. “Wind turbines are like strippers. They stop working when you stop throwing money at them.” Author unknown […]
Farmers’ Revolt Over Radical Green Agenda Could Reshape Europe Ahead Of EU Elections
/in Economy, Environment, Featured, Foreign Policy, Latest News, Liberty, Politics/by Tristan JusticeEuropean farmers are reshaping the political landscape across the Atlantic just months before the EU’s parliamentary elections. European farmers are reshaping the political landscape across the Atlantic about two months before 27 member states of the European Union (EU) vote on new leadership in their parliamentary elections. Between June 6 and June 9, residents in […]
Principleless, Panicked and Power-Hungry
/in BOOKS, Culture War, Economy, Education, Election Integrity, Featured, Healthcare, Latest News, Liberty, Politics/by James AllanPandemic Panic was a fascinating book to read, especially for a lawyer like me. It very quickly had my blood pressure way up as it reminded me of the nearly three years of governmental thuggery, heavy-handedness, imposition of idiotic and often irrational rules, and resort to lockdown lunacy. If that last sentence sounds as though I […]
Nothing in the Jobs Report Indicates the Fed Should Cut Rates: Labor Market Plugging Along Just Fine despite 5.5% Rates
/in Economy, Featured, Latest News, Personal Finance, Politics/by Wolf RichterAnd wages rose at a good clip too. It was the kind of jobs report we’d expect from an economy that is plugging along just fine, at growth rates that are above the long-run average, powered by drunken sailors all around: By consumers outspending inflation with gusto, especially on services, by the government spending trillions it borrows hand-over-fist, […]
The Relevance Of Gold Price History
/in Economy, Featured, Foreign Policy, Latest News, National Debt, National Security, Personal Finance, Politics/by Neland NobelHaving spent 45 years in financial services, we recognize how difficult it is to estimate what markets will do. Yet, the human brain wants to have “some idea” of the potential of a given investment over time. After all, don’t we all want to own something that will be going up with significant potential and […]