Politics

[Wheels]

 

[Wheels]

Isn’t it about time for the grown ups to take charge again?

"America's calling, Paul Volcker"

Sung to Chicago's, America's calling Harry Truman.

 

[Ray B]

Unfortunately, the FED does know what they are doing. They are doing the CCPs bidding.

 

[PARA45]

 

[PARA45]

 

[PARA45]

 

[Wheels]

 

[cpr0312]

 

[Wheels]

 

[Wheels]

 

[Wheels]

 

[Boyd Brooks]

 

[WAB]

View attachment 452274

Ain’t that the truth! Upon Trudeau’s re-election my father in law stated ‘the masses are asses’!

 

[PARA45]

 

[Areaonereal]

I am afraid the Ottawa situation will not end well….when Trudeau has all the power to end it without a confrontation to just lift the mandates…but I am sure he wants the win, regardless of the consequences. This will be a true wake up for us all on both sides of the border….pay attention, a turning point in this Covid debacle affecting us all. On another point, if you believe inflation at 7.5 per cent you have not been out of the house. Closer 15 per cent in reality for anything you are purchasing….labor is up 20 plus per cent locally, if you can find anyone that wants to work. Banks are flush with cash with minimal demannd.

 

[spike.t]

Fkn hell...

https://www.iol.co.za/capeargus/news/boys-should-be-allowed-to-wear-skirts-as-part-of-their-school-uniform-says-activists-c93a7266-15e3-423e-9b5c-052dfc073bc4

 

[Wheels]

 

[Ray B]

Has anyone seen Premier Doug Ford? A fat guy with a very pale, deer-in-the -headlights look? Asking for 15 Million friends.

He was contacted by new media in Muskoka. He was on a snowmobiling holiday but he claimed to be in cell phone contact 24/7 with Ottawa. He may also be selling oceanfront property in Manitoba.

 

[CoElkHunter]

Well, I think Powell is trying to hold the line on rate increases and when he does, make them small and spread out. I don’t think he wants a complete repeat of the Jimmy Carter years.

I think Janet Yellen and Jerome Powell were playing politics as far back as June of last year when they stated over and over that burgeoning inflation was "transitory" and short term. They were being influenced by the stock market/free money and Brandon's election. They told Jamie Dimon and other financial experts who stated inflation will grow exponentially that they were wrong. In my opinion, the Fed has waited way too long to raise interest rates slowly and now we will see several (maybe many) hefty rate increases just this year alone. I don't believe rates will approach the Peanut Farmer's disastrous years in office, but it's NOT going to be pretty!

 

[CoElkHunter]

i think 7.5% is gross understatement considering how dishonestly they do the calculations. I wouldn't be surprised if it were twice that.

Yep, when you add non-essential "nice to have things" things like food and fuel it's closer to 11-12% NOW. Give it a few months when a barrel of oil hits $120 and see what fun we're in for. You'll have to take a loan out to buy a Happy Meal!