(Dmytro “Henry” Aleksandrov, Headline USA) The Arizona Senate and House Elections Committees heard testimony and presentations on Thursday from multiple individuals about election anomalies and fraud in the state’s elections over many years.
One of these presentations was from Jacqueline Breger, a longtime Arizona resident and a forensic investigator with the Harris/Thaler Law Corporation, during which she exposed bombshell information about massive corruption and collusion between American politicians, appointed government officials and the Sinaloa Cartels, according to the Gateway Pundit.
Breger stated that the money laundering and racketeering scheme uses fraudulent mortgages, real estate transactions and insurance claims in Maricopa County — the place that became infamous during the 2022 midterms — to hide money made through cartel human trafficking, traffic drugs and bribe the elected officials. She also said that the system was used to rig elections and intimidate or murder those who threaten the operation.
During her presentation, Breger also said that the scheme creates identities, credentials and professional licenses for “non-existent individuals.” If this information is true, that would mean that all of these things could be and could have been used for fake voter registrations.
According to her, attorney John Thaler investigated money laundering and racketeering in Maricopa County and reviewed over 120,000 documents. Among those documents could be found “fake notarizations, fake deeds of trust, fraudulent buyers and or sellers of the real property transactions, as well as other companies used in real estate transactions, such as real estate brokers, mortgage companies Title and Escrow companies, real estate inspection companies, service companies.”
“These documents have definitely evidenced multiple racketeering enterprises, which include narcotic sales, money laundering, tax evasion, payroll, theft, bankruptcy fraud, life insurance fraud, auto insurance fraud, bribing of elected and appointed officials, creating and modifying a public record, falsifying professional licenses and related credentials, swatting individuals who pose a threat to these enterprises, and last but not least, election fraud,” she said.
During her presentation, Breger accused many people holding government positions. Among those people are two citizens of Mesa, Arizona — Dawna Rae Chavez and her daughter, Brittany Rae Chavez — whom Breger described as “principal preparers of the documents necessary to affect the racketeering enterprise.”
The Gateway Pundit also reported that, in June 2022, John Thaler, who also happens to be an ex-husband of Brittany, alleged that she engaged in many criminal activities, such as money laundering, tax evasion, narcotics trafficking, hacking into state databases to fabricate public records, bribing both public officials and private professionals, committing election fraud by creating fake ballots and manipulating others to influence the 2020 election, among other races.
(Headline USA) California officials revealed this week that the influx of illegal immigrants into the state has become so overwhelming that they can no longer afford to provide free COVID-19 testing and vaccinations for migrants.
In January, Democrat Gov. Gavin Newsom proposed phasing out state aid for medical services, including the migrant assistance program, after the state reported a projected $22.5 billion deficit. One of the first services to go will be the migrant aid program, through which California provides free testing and vaccines to those who enter the state, unless the Biden administration steps in and provides additional funding.
Newsom said he has had “some remarkably good conversations” with the Biden administration, according to Kaiser Health News, but the White House has not commented.
“We’re continuing our operations and again calling on all levels of government to make sure that there is an investment,” Kate Clark, senior director of immigration services for Jewish Family Service of San Diego, one of two main migrant shelter operators.
Newsom justified scaling back the migrant program by arguing that the pandemic is no longer as serious of a threat. Several state lawmakers have agreed, noting California is set to revoke its state of emergency on Feb. 28.
“The pandemic conditions no longer warrant this large investment from the state, especially since immigration is supposed to be a federal issue,” state Senate Republican leader Brian Jones said in a statement.
The state’s shelter services for migrants is expected to continue “for the near term,” according to the California Health and Human Services Agency, but there are plans to cut shelter sites’ capacity.
More than 5 million illegal immigrants have entered the country since President Joe Biden took office. That figure is more than the populations of 15 different states: Wyoming, Idaho, Nebraska, New Mexico, Hawaii, Alaska, Vermont, Delaware, West Virginia, New Hampshire, Maine, Rhode Island, Montana, North Dakota and South Dakota.
(Headline USA) President Joe Biden earned his first Democrat challenger for the 2024 cycle this week after Marianne Williamson, a progressive who ran against him in 2020, announced her campaign for the White House.
“I wouldn’t be running for president if I didn’t believe I could contribute to harnessing the collective sensibility that I feel is our greatest hope at this time,” Williamson said on Friday.
Williamson previously teased she would be making an “important announcement” on March 4, but apparently decided not to hold off any longer.
In her announcement, she also took a shot at the Democratic National Committee for changing the presidential primary schedule and placing South Carolina as the first state in the line-up. She suggested the only reason the change was made is because Biden credits South Carolina with boosting his campaign during the 2020 race.
“How can you claim to be a champion of democracy when your own process is so undemocratic?” she said.
Williamson blasted the left-wing of the DemocratParty, too, accusing them of trying to bully her out of the race.
“What does it say that the conservatives are nicer to me? It’s such a bizarre world. I understand why people on the Right call them ‘Godless.’ I didn’t think the Left was as mean as the Right. They are!” she said.
Biden has not officially announced his reelection campaign, but First Lady Jill Biden all but confirmed on Friday his intention to run again.
“How many times does he have to say it for you to believe it?” Jill Biden told the Associated Press. “He says he’s not done. He’s not finished what he’s started. And that’s what’s important.”
However, according to a Politico report from earlier this week, Biden has “talked only sparingly about a possible campaign … Except for the occasional phone call with an adviser to review polling, he spends little time discussing the election.”
The Bidens’ granddaughter, Naomi, similarly confirmed the Biden family’s support for a 2024 bid.
(Dmytro “Henry” Aleksandrov, Headline USA) A Florida sixth-grade teacher was criticized and suspended from his job after posting TikTok videos of white students bowing to their black classmates and of himself mocking the state’s “Stop Woke Act” by portraying conservatives as tyrannical censors, even though the act is meant to remove Critical Race Theory and other discriminatory lessons from public schools.
Ethan Hooper, a teacher at Howard Middle School in Orlando, was heavily criticized for his leftist ideology, anti-white sentiments and using children as political props, according to the Daily Wire.
“If one of the teachers was using my kid for political gain, that would upset me,” one father said. “What if I don’t believe in that, and, you know, that’s not what I’m teaching my kid?”
Another person was more direct about the teacher’s actions.
“He needs to lose his job now,” the person said. “He can take his issues to adults in the system. Instead, he used children he’s supposed to be caring for on a personal social media account”
Other people pointed out that teachers are not supposed to spend their time on social media during school hours.
“What is a teacher doing on social media during school hours, much less posting his students’ identities?”
Orange County Public Schools, Hooper’s employer, also commented on the situation by issuing a statement condemning the videos.
“I am appalled at the behavior and judgment of the teacher who posted the inappropriate videos using his students as political props,” Orange County Public Schools Superintendent Maria Vazquez said. “This is not free speech — it is the exploitation of our students for political purposes, and it will not be tolerated in our school district.”
To avoid even a bigger scandal by allowing Hopper to keep his job, a spokesperson for the school district suggested Hooper would be disciplined and put on administrative leave.
“Orange County Public Schools will not tolerate the use of our children as political pawns by anyone, including a classroom teacher,” Orange County Public Schools’ Media Manager Michael Ollendorf said.
“Any employee who creates videos or other content with students in an effort to exploit them for political purposes will be immediately removed from the classroom, placed on administrative leave and swift action will be taken to terminate employment.”
(Molly Bruns, Headline USA) According to Michigan’s Republican lawmakers, Democrat Gov. Gretchen Whitmer’s $750 million deal to incentivize a Ford battery plant will also send $15 million to Norfolk Southern, the train company in the midst of the East Palestine toxic chemical burn and trail derailment.
Legislators in Michigan are being asked to send the additional $750 million to the project, despite it already receiving more than $1 billion in tax cuts and incentives, reported the Daily Wire.
Republican state Rep. James DeSana said at least $15 million in the proposal has been relegated to “help the troubled Norfolk Southern Railway Company expand its footprint in Michigan.”
“It’s always a bad idea to expect taxpayers to foot the bill for corporate welfare projects – but this proposal is particularly egregious,” DeSana said in a statement. “Norfolk Southern has had two dangerous train derailments in the Midwest this month – one in Michigan and another that leaked hazardous chemicals that are still causing serious concerns for families in Ohio. Yet Gov. Whitmer is asking us to ignore all that and hand over taxpayer dollars to help Norfolk Southern grow in Michigan.”
As Whitmer’s pet project, she argued the battery plant will bring money and jobs to the state. The initiative is mired in controversy due to Ford’s connections with Chinese companies.
The funding will be set aside for improvements to the state’s railways.
Whitmer’s office insisted that the funding was “company specific,” despite the language designating the money specifically to Norfolk Southern.
“We’ve got to build out the infrastructure around it, from roads to a rail hub to water infrastructure and utilities, and so that’s what these resources are for,” Whitmer said, according to Gongwer. “So it’s not company specific, it’s about building out a community that’s very excited about this big investment.”
The Atlanta-based company is still struggling with the derailment in East Palestine and Eastern Michigan. Experts predict that the “controlled burn” of the chemicals in Ohio will likely cause catastrophic health and environmental problems for years to come.
Republican officials in Michigan hesitated to even consider negotiating with the disgraced company until officials complete a thorough investigation of the derailments.
“Until a full investigation of the Norfolk Southern derailments in Ohio and Michigan is complete, I can’t believe we’re even discussing appropriating $15,000,000 to expand their operations in Michigan,” said state Rep. Andrew Fink, R.
(Ken Silva, Headline USA) Disgraced former FBI officials and lovers Peter Strzok and Lisa Page will have the chance to depose former President Donald Trump and current FBI director Christopher Wray over the release of their sordid text messages.
Strozk has been suing the DOJ since 2018 over his firing from the FBI. Page left the bureau voluntarily, but is joining Strozk in complaining that their privacy was violated by the DOJ’s decision to release hundreds of their text messages.
Strozk and Page were having an affair while both of them were investigating the Trump campaign’s supposed ties to the Russian government.
Text messages between the two showed their clear anti-Trump bias during the investigation. Perhaps the most notable example of this was when Page texted Strzok, “[Trump’s] not ever going to become president, right? Right?!”—to which Strzok replied, “No. No he’s not. We’ll stop it.”
Strzok and Page seek to depose Trump and Wray about the release of these messages, as well as the decision to fire Strzok.
Strzok claims Trump fired him as political retaliation, but Biden’s DOJ has submitted evidence to the contrary, and opposes his attempts to depose the former president.
“[Former FBI Deputy Director David] Bowdich further testified that he ‘never saw the President get involved in the termination of anyone beyond the politically-appointed Director,’ i.e., former Director James Comey,” the DOJ said in a filing last September, defending Trump.
“Mr. Bowdich also testified that he “absolutely” did not recall Director Wray ever telling him about any meeting with President Trump in which ‘the President pressed the Director to fire Peter Strzok and Lisa Page.’”
Despite this, the Obama-appointed judge Amy Berman Jackson ruled Thursday that the depositions can proceed.
“For the reasons stated on the record at the hearing on February 23 … The Court authorized the plaintiffs to conduct depositions of each witness that do not exceed two hours and are limited to the narrow set of topics specified on the record at the hearing,” Jackson said.
However, President Joe Biden may still block the depositions. Judge Jackson noted that he has the right to invoke “executive privilege” to keep presidential communications private.
Jackson ordered the U.S. government to inform her by March 24 whether Biden will indeed invoke executive privilege on the matter.
(Jacob Bruns, Headline USA) Shareholders of the globalist bank corporation JPMorgan Chase called out the financial giant for aiding professional pedophile Jeffrey Epstein abuse children.
According to a new federal lawsuit filed by the Virgin Islands against the company, officials at JPMorgan kept Epstein’s bank accounts open despite expressing concerns internally as to his dealings, News Direct reported.
Specifically, he used accounts to distribute payments of up to $1 million to his rape victims in order to keep them quiet.
According to internal reports, the bank’s Global Corporate Security Division had noted as early as 2006 that Epstein was up to no good, and yet kept allowing him to maintain his accounts.
The bank had allegedly flagged “[s]everal newspaper articles . . . that detail the indictment of Jeffrey Epstein in Florida on felony charges of soliciting underage prostitutes.”
Four years later, Chase’s risk management division also questioned internal emails circulating regarding Epstein’s sexual exploits.
“See below new allegations of an investigation related to child trafficking – are you still comfortable with this client who is now a registered sex offender[?]”
The company allegedly dismissed the concerns, and is now attempting to exclude the Securities and Exchange Commission to drop the proposals of two watchdog groups to avoid being exposed in their support of a pedophile.
According to Paul Chesser, director of the National Legal and Policy Center’s Corporate Integrity Project–one of the watchdogs observing the situation closely–Chase has been both evil and deceptive.
“This is evil; Chase let the cash flow to aid and abet Jeffrey Epstein’s sick and disgusting global sex trafficking operation,” he said.
“But they shut down its services to a praiseworthy and respectable initiative by an upstanding public servant, and want to hide the reasons for it all from shareholders. The bank is obviously embarrassed and it should be.”
Scott Shepard, the Director of the National Center for Public Policy Research, echoed that sentiment.
“Chase is a too-big-to-fail bank, so it gets to keep its profits, while all taxpayers – not just leftwingers – backstop its losses,” he said. “Chairman and CEO Jamie Dimon talks a good game about recognizing the folly of woke corporate governance, apparently without realizing that that’s how his shop is run. After these Epstein revelations, it’s time for Congress and the states to investigate Chase and to bar it from doing business until it ends its petty partisan discrimination.”
(Ben Sellers, Headline USA) I was struck recently by a tweet from noted conservative blogger and American Mind essayist Peachy Keenan, in which she offered a personal anecdote that revealed just how far over the top the college admissions have gone while embracing woke orthodoxy.
The tweet about a friend’s niece said that the young woman (who appeared to have some inexplicable desire to attend school in California) had been rejected from every four-year institution to which she applied, despite having an exceptional grade-point average and SAT scores.
College admission season update – From a friend:
“Niece got 1450 SAT, 4.2 GPA, competitive athlete. She didn’t even get into her safety schools. Going to junior college this year and is very depressed. The POC kids in her class, C students at best, are all headed to Berkeley,… https://t.co/AQV0PjF6sd
Barring some unknown circumstance that was excluded from the context (Was she a convicted felon? Was her essay full of typos?), this snub ordinarily would be a travesty unto itself.
But, adding insult to injury, her rather unremarkable minority classmates had secured spots at the state’s—and some of the nation’s—top-ranked schools, including the University of California’s Berkeley and Los Angeles branches, the University of Southern California and Stanford University.
Instead, the high-achieving student is “[g]oing to junior college this year and is very depressed,” Keenan noted.
THE LOWERING OF HIGHER ED
Having had my own very short-lived experience as an employee within the University of California system, I cannot, for the life of me, understand what the young lady thinks she will be missing out on—apart from an expensive piece of paper after four years of intensive brainwashing.
Still, it is sad to see those who spent years working toward the highest pinnacles of achievement, persevering through the pandemic and other contemporary crises that would be more than enough for the normal person to want to walk away, have their dreams crushed by the arbitrary whims of the latest woke social revolution.
The one saving grace, perhaps, is knowing that the folly of elite universities will be the gain of less pompous (and less expensive) junior colleges, which may one day supplant their more well-endowed counterparts.
In a purely capitalist business model, schools that put a higher premium on virtue-signaling than the quality of their product would eventually suffer the consequences as demand lowered.
Of course, being propped up artificially by the world’s fourth-largest economy means that California’s state schools are in no danger of going under any time soon. And it seems highly unlikely that capitalism weighs on their minds in the least, apart from their efforts to dismantle it.
THE LEFT’S MISSING LINK
Among the California elite’s most prized assets is Angela Davis—the communist, lesbian, black-liberation feminist most famous for her arrest as an accomplice in an attempted 1970 courtroom jailbreak that killed Superior Court Judge Harold Haley and three others.
Davis, currently a professor emerita at the University of California, Santa Cruz, has managed to translate her 16-month incarceration for allegedly buying the gun that killed the judge into a 45-year career as an accomplished scholar of social justice at some of the nation’s most prestigious schools.
She also offers a direct link between the black-liberation movement (BLM) and the group of left-wing German academics who first sought to spread neo-Marxism into America’s educational institutions via the Frankfurt School, which had its U.S. origins at Columbia University after its thought-leaders fled the ascendant Nazi party in 1935.
Davis was the student of Herbert Marcuse, a so-called philosopher who can be credited with giving the malcontents of the 1960s counterculture movement the intellectual cover and cachet that they needed to be validated at the highest levels of academia.
But, as with all that the Left props up as sacred, Davis’s claim to be a civil-rights activist crumbles under the slightest stress-test.
In fact, one could argue that—even though she probably cast her ballot for Joe Biden in the 2020 election—she ain’t really black.
As Biden heads to Gettysburg to try to “unify” the country, remember:
Joe Biden told Charlamagne that “if you have a problem figuring out whether you’re for me or Trump, then you ain’t Black.”pic.twitter.com/UvYZTjcPqZ
By syllogism, thus, it is possible that some people who are, for all intents and purposes, African–American, may not be black at all.
We have seen the same phenomenon arise with recent efforts to redefine gender, so it was only a matter of time before one’s heritage, genetics and skin-tone ceased to be the principle criteria for discerning one’s race.
Consequently, it is necessary to come up with a new working definition for what defines whiteness.
According to the adherents of Critical Race Theory, an area of scholarship that Marcuse and Davis were instrumental in helping popularize, one of the most fundamental components of whiteness is “white privilege,” or the idea that one might systemically benefit from one’s physical appearance, upbringing and other attributes.
It is inherently unfair, they argue, because it runs counter to the notion of meritocracy—the American dream that everyone should be able to have equal access to all of the country’s cultural institutions, public and private.
It is the original sin within the wokeist dogma: a birthright for which all melanin-deficient Americans must pay pennance by actively genuflecting to the demands of marginalized and oppressed communities.
And nobody may have greater “white privilege” than the descendants of those original European colonizers, the passengers of the Mayflower.
With them came all of the systemic advantages established by the Mayflower Compact, the white man’s first governing document in America—and the wellspring from whence all other iterations of U.S. democracy originated.
Surely anyone associated with the original Pilgrims ought, under the new laws of whiteness, to be considered among the whitest people in America.
Of course, the passage of time assures that some, through their own circumstances or other extrinsic factors, may lose that privilege over time.
So a necessary stipulation must also be that one’s whiteness is proportionate to the amount of unearned privilege that one directly derives during the course of one’s lived experiences (another popular term within the CRT lexicon).
That brings us back to Angela Davis, who—by the textbook standard of modern whiteness—may be whiter even than Sarah Palin, who boasts five Mayflower ancestors.
A LIFE OF ABJECT PRIVILEGE
Although Davis—a product of the segregation era in Birmingham, Ala.—was not, herself, born into privilege, she seems to have enjoyed a relatively middle-class childhood with remarkably few hindrances to her family’s social mobility.
Moreover, she clearly was able to derive a direct benefit from her race and heritage, using them to secure a spot at New York’s Brandeis University and later traveling abroad to continue her postgraduate education at Paris’s Sorbonne and the aforementioned University of Frankfurt.
Even when she ran afoul of the criminal-justice system, Davis was able to use her race to receive a lighter consequence than less-privileged individuals, and she ultimately was acquitted by an all-white jury in Marin County after white liberals rallied to her side.
Indeed, it seems that there is very little that this poster-child of the black-liberation movement has in common with the black experience, except the extent to which other blacks might likewise derive some privileged benefit from their racial identity.
Fittingly, Davis recently was revealed to be the descendant of a Mayflower passenger, but the point of tracing her white lineage almost seems moot.
“Do you know what you’re looking at? That is a list of the passengers on the Mayflower.”
It is but a coda to the long life of whiteness that she has enjoyed as a member of the elite, privileged few who are able to commoditize their race as a defined benefit.
It’s safe to say that Angela Davis is—and always has been—one of the white faces of black supremacy.
Her tale, however, really serves as a case study for all that is wrong with the Left’s racial identity politics and Marxist dogma.
On one hand, her efforts to take down America’s capitalist power structures have succeeded beyond the wildest dreams of what Frankfurters like Marcuse might have envisioned.
They have made Davis, a middle-class black child who was on the periphery of the front lines in the civil-rights movement, into a wealthy success story.
But for many others, both black and white, this new system has been an abject failure—a bait-and-switch that simply replaces one form of class privilege with another.
And, somehow, the ones who least need or deserve it still manage to float to the top of the social hierarchy.
(Molly Bruns, Headline USA) Shortly after proclaiming that the Biden administration’s cabinet is the most diverse in history, White House press secretary Karine Jean-Pierre announced that two staffers working under her will be leaving their employment simultaneously.
Jean-Pierre made the statements at a press conference, taking a significant chunk of time to run through the administration’s diversity stats, according to the Daily Wire,
Jean-Pierre: "The Cabinet is majority people of color for the first time in history. The Cabinet is majority female for the first time in history. A majority of White House senior staff identify is female and a record 7 assistants to the president are LGBTQ+." pic.twitter.com/BLlEfrwO3E
“The Cabinet is majority people of color for the first time in history. The Cabinet is majority female for the first time in history,” Jean-Pierre touted. “A majority of White House senior staff identify as female. Forty percent of White House senior staff identify as part of the racially diverse communities. And a record seven assistants to the president are openly LGBTQ+. So again, this is something that the president prides himself on.”
This news was met with less-than-enthralled responses from the public, many of whom took to Twitter and questioned how any of of the staff’s intersectionality points were relevant to performing their jobs adequately.
“I’m confused,” one user said. “If we shouldn’t be judging people based on race, ethnicity, or gender, then why is the Biden Administration bragging and making hires + appointments based upon those characteristics?”
“Who needs effective when you have equity?” one user asked.
“Notice she doesn’t mention competency,” another added.
Later on, Jean-Pierre said farewell to two of the press staff’s team members, press assistant Megha Bhattacharya and Chief of Staff Robbie Dornbush.
This change follows an initial staff shift in June 2022, as three top staffers left the White House within a week.
Former assistant press secretary Vedant Patel left to serve as deputy spokesperson for the State Department, former chief of staff Amanda Finney is now the senior communications director at the Energy Department.
Mike Gwin, former deputy assistant secretary of public affairs left to join the Treasury Department. Shortly after, Jean-Pierre announced the departure of Michael Kikukawa, who also joined the Treasury Department.
High turnover is one of many chronic issues within the Biden administration.
Vice President Kamala Harris’s office has experienced a similar exodus. She has lost at least 13 staffers who held influential roles, including deputy press secretary Sabrina Singh, and chief of staff Tina Flournoy.
(Mark Pellin, Headline USA) The stark realities of the Biden economy once again delivered a stinging rebuke to the administration’s wild claims that its policies have the country headed in the right direction.
A key economic indicator that the Federal Reserve uses as its go-to inflation gauge was released Friday and the numbers sent Wall Street into a free fall with stocks crashing across the board.
The Commerce Department’s personal consumption expenditures price index showed consumer prices spiking dramatically higher than expected, increasing from 0.6% from December to January. That was a sharp hike from a 0.2% increase from November to December. On a year-over-year basis, prices rose 5.4%, up from a 5.3% annual increase in December.
36% of Americans have more credit card debt than emergency savings.
Inflation is so bad we’re burning through savings and relying on credit cards to make ends meet. #BidenFlation
“This is as bad as it’s been since the ‘80s,” CNBC analyst Joe Kernen said.
Wall Street responded in kind, plummeting toward the worst numbers of the year. The Dow Jones Industrial Average was down 456 points by early afternoon and trending down, while the Nasdaq composite was 2.1% lower.
“Inflation is still high under Joe Biden, and nothing is being done about it,” Canary CEO and CNN commentator Dan. K. Eberhart said. “High prices hurt Americans across the board. But Biden and Democrats still want to spend trillions.”
Pres. Biden’s spending spree caused historically high inflation.
That’s cost American families an average of $10,000 since he took office.
The bleak numbers in Friday’s report shined a spotlight on the Biden administration’s domestic policy failures, said former Obama economist Jason Furman.
“The economy is very overheated. We have made little if any progress on inflation,” Furman wrote. “There is little if any reason to expect a large slowdown going forward.”
That’s in sharp contrast to the rosy economic picture Biden painted during his State of the Union speech, and the one that his White House has continued gaslighting.
JEAN-PIERRE: “The Inflation Reduction Act…helps lower energy costs and give Americans a little breathing room.” pic.twitter.com/EjuvpqAOQF
“Every day Joe Biden and I talk about and work…to lower the cost for the people of our nation,” Vice President Kamala Harris insisted this week.
The actual numbers tell a different story, one that most economist said will end with the Federal Reserve again hiking interest rates to try to tame inflation.
Cleveland Fed president Cleveland Fed President Loretta told Bloomberg that there’s still a “need to keep raising rates” and the latest Commerce Department reports was “consistent with the fact that the Fed needs to do a little more on our policy rate to make sure that inflation is moving back down.”
As expected, the Fed’s preferred inflation gauge accelerated in Jan; they took their foot off the brake way too early, inflation ain’t dead yet – buckle up… pic.twitter.com/rOA9BpcHoM
“Keeping raising rates without knowing the lag effects while continuously selling a soft landing narrative which encourages risk taking countering the inflation fight has to be one of the most boneheaded policy communication strategies ever,” wrote financial market strategist and NorthmanTrader founder.
