The federal reserve has announced they will support the economic agenda of the Biden administration by allowing rapid inflation.  The FED is trying to provide cover for JoeBama’s economic plan.  The era when the FED could impact inflation is long past.  However, the Joe Biden policy impact will be clear, immediate and concise.  The U.S. middle-class and blue-collar worker are about to be crushed under rising prices for consumable products.

Increases in inflation hit the working class (Main St) much harder than the investment class (Wall St) and financial elites.  Factually the multinationals benefit from U.S. inflation as it puts pressure on domestic companies to ship their manufacturing overseas.  Wall Street likes that.  This dynamic has been an issue not-discussed by the financial media for decades.   First, the Reuters article (when you see “commodity prices” think about the term “consumables”):

REUTERS – The U.S. Federal Reserve has signaled it will tolerate faster inflation for a time to cement the post-pandemic recovery and boost employment, but the side effect is likely to be a faster rise in commodity prices.

[…]  After its latest meeting on Wednesday, the Federal Open Market Committee confirmed it will seek to achieve the *twin objectives of maximum employment and inflation at the rate of 2% over the longer run.

[*NOTE: in the new era of global economics these two are mutually exclusive.  The FED is intentionally ignoring this point.]

[…] The committee noted price rises have been running persistently below target, so it aims to achieve inflation moderately above 2% for some time to make up the shortfall and anchor expectations at around the 2% level.

[…]  The plan is to run the economy hot to achieve faster job gains, especially among disadvantaged groups that are marginally attached to the labour force, before shifting back to inflation control later in the cycle.

But the resulting pressure on global supply chains while the Fed pursues employment increases is likely to generate significantly quicker price rises for raw materials and a range of manufactured items. (read more)

This perspective is fundamentally false and based on assumptions that are decades old economic arguments.  The reality of what will happen is exactly the opposite on the employment front.

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Former New York City Mayor and President Trump attorney, Rudy Giuliani, appears on Tucker Carlson to give the details about the FBI raid on his home yesterday morning.  Giuliani notes seven FBI agents knocked on his door at 6:30am with a warrant for “all electronic devices.”  Oddly the FBI agents did not want to take the Hunter Biden hard-drives after Giuliani informed them of the content.

Additionally, Giuliani notes the federal government went into his i-cloud account in 2019 during his representation of President Trump against fraudulent impeachment allegations and the FBI did that without a search warrant.

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Rudolph Giuliani has authorized Robert J. Costello to release the following statement regarding the events on April 28, 2021:

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UNDERSTANDING

Joe Biden’s jumbled word salad remarks to a joint session of congress, an effort at a State of the Union speech, drew an audience rating less than President Trump’s speech in 2020.

TV Ratings for Presidential Addresses:

President Trump 2017 – 48,000,000
President Trump 2018 – 46,000,000
President Trump 2019 – 46,800,000
President Trump 2020 – 37,200,000

♦ Joe Biden 2021 – 11,600,000

UPDATE: The viewership numbers above from Charlie Kirk are incorrect.  Joe Biden 2021 should be 26.9 million (per Deadline) a decrease of 28 percent.

No crowds ever attended his rallies.  There was no crowd at his installation.  There are no views for his on-line speeches.  The audience for his regular speeches are non-existent.  Far fewer viewers at home.  An empty chamber for his speech (COVID), and yet we are to believe he received 81 million votes.

C’mon Man!

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After the Democrat Secretary of State failed to get the Arizona State Attorney General to initiate an investigation of the audit; and after a Democrat state judge rejected the Democrat effort for a temporary restraining order; and after all other efforts have failed…. now we see three outside left-wing election groups (claiming bipartisanship yet led by lawyers from NYU) asking the DOJ to intervene in the Maricopa County, Arizona, ballot audit.

The audit started on April 23. A judge on April 28 rejected the attempt by Democrats to halt the process.

The Brennan Center, Protect Democracy and The Leadership Conference have signed a letter to the civil rights division of the DOJ asking them to get involved.

The arguments within the letter [pdf here] are identical to the arguments made previously by other Lawfare groups, including Perkins Coie, to a state judge.  The state judge rejected the arguments because there was no evidence submitted to the court to back them up.

Obviously there is a great amount of fear amid the network of Lawfare and leftist activists about this ongoing ballot audit.  The letter only highlights the worry they carry that Arizona’s election fraud might be demonstrably proven the the wider U.S. electorate.

WASHINGTON DC – A group of election security and administration experts are asking the Justice Department to send federal monitors to Arizona as the Republican-led state Senate carries out an audit of 2.1 million ballots cast in Maricopa County in the state’s 2020 presidential election.

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Earlier this morning President Trump gave an interview on Fox Business with Maria Bartiromo.  Fox is censoring the full interview; however a few segments have been released.  In this segment President Trump discusses the possibility of selecting Florida Governor Ron DeSantis as his running mate in 2024.

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Tonight the installed occupant of the White House will deliver an address to a COVID distanced partial group of congressional representatives and senators.  The jumbled word salad is expected to be read at 9:00pm and will be nationally broadcast.

White House Livestream – PBS Livestream Link – CSPAN Livestream Link – Alternate Livestream Link

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Previously Nikki Haley Said:

…”“I don’t think [Trump’s] going to be in the picture,” she said, matter-of-factly. “I don’t think he can. He’s fallen so far.” […] “We need to acknowledge he let us down,” she said. “He went down a path he shouldn’t have, and we shouldn’t have followed him, and we shouldn’t have listened to him. And we can’t let that ever happen again.”  (link)

Yesterday when asked about her 2024 presidential ambitions Nikki Haley says:

…”Out of respect I would never do anything to go against [Trump], he knows that. I would have a conversation with him and talk to him about it should we decide we want to pursue it; but, um, no, I have a great respect for him and I would never consider running against him.”

Video at 07:10 (prompted)

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Nikki Haley is the Mitt Romney of John McCains’

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According to media reports federal authorities raided the New York apartment of Rudy Giuliani today.  Apparently electronic devices were seized as part of their investigation into him.  However, the DOJ motive behind the investigation is something everyone should be familiar with, Foreign Agent Registration Act (FARA).

The corrupt and political agents at the DOJ, led by attorney Andrew Weissmann, have used FARA(951) violations to target their political opposition.  They attempted, and in some instances successfully used, FARA investigations and prosecutions against Michael Flynn, Paul Manafort, George Papadopoulos, Carter Page, Walid Phares and others.

Former DOJ official Andrew Weissmann ran the FARA division of the DOJ-NSD specifically to use this approach as a political weapon.  However, notice he never went after any Democrats who were well documented to be lobbying while unregistered for foreign governments.  The Podesta brothers were two notorious lobbyists who were not registered and the DOJ looked the other way.

FARA violations being used as a backdoor justification for political targeting has long been the approach of a weaponized DOJ.  They are using that same tactic again in their effort to target Rudy Giuliani.

Author Jack Cashill has followed the intersection of the severe left and law enforcement for decades.  In his latest article he walks through the Derek Chauvin case and outlines a familiar pattern.  [Full Article Here]

Excerpt: […] “Roughly six or seven minutes before Floyd took his last breath, Chauvin had shown no signs of racism or brutality, let alone the potential for murder. To this point in the interaction, he had been polite, professional, and, if anything, too patient. “I’ll put the air on” — are those the words of a racist killer, Joe?

As Chauvin understood, attempting to subdue a drugged suspect a half a foot taller than he and 80 pounds heavier was not going to be easy. Finally acknowledging the futility of their collective efforts, Chauvin let Floyd leave the car at 8:19. “Thank you. Thank you,” said Floyd. When ordered to hit the ground, he sighed, “I want to lay on the ground, I want to lay on the ground. I’m going down, I’m going down. I’m going down.”

Rejecting the more aggressive but legal hobble restraint — cuffed hands and legs connected behind the suspect — Chauvin used the same restraint I saw applied on the sidewalk outside my office: knee on the area where the shoulder meets the neck. In addition to the officers’ body cams, Chauvin could see bystanders recording the scene. If he were intentionally violating the law, he knew he would be found out.”  (read full article)