Short-term Interest Rates Increased
Short-term interest rates increased by 25 basis points by the Federal Reserve Bank. It is probably not enough to tame the inflation. It also said there would likely be six more rate increases in 2022. Hold on!
LEI Rose in February
The Leading Economic Index (LEI) for the US, rose 0.3% in February after falling for the first time in 10 months in January.
US Raw Steel Production Down From Previous Week
In the week ending March 12, 2022, US raw steel production was 1,737,000 net tons at an ACUR of 79.9 percent, down 1.4 percent from the previous week.
Business Activity Declined in New York State for the First Time Since Early in the Pandemic
The Federal Reserve Bank of New York released its Empire State Manufacturing Survey results and reports business activity declined in New York State for the first time since early in the pandemic, according to firms responding to the survey. The headline general business conditions index fell fifteen points to -11.8, its lowest level since May 2020. New orders and shipments declined modestly while unfilled orders increased. Inventories expanded.
US Drill Rigs Running Up From Previous Week
There were 663 drill rigs running in the US last week, up 13 rigs from the previous week and up 261 rigs from one year ago. Canadian drillers shuttered 11 rigs, to 206, down 11 rigs from the previous week, up 90 from one year ago.
Rising Oil Prices
Make no mistake, the current spike in gas prices is largely the fault largely of Vladimir Putin…”
the words of Joe Biden, as he weakly attempts to lay the blame for our rampant inflation at the feet of someone else.
Next, it will be Trump’s fault, right? The idiots in Washington are trying to buy oil from anywhere they can-aside from right here in the USA. How does that help their stupid climate agenda? It does not. Burning oil for fuel has the same effects on the climate (if it really is an issue), no matter where it comes from.
At this time, in this chaotic world, you would think our energy independence would be of paramount concern to our politicians, and many are calling for Biden to open the spigots on the abundant energy supplies under our feet, but they do not care about the country or her citizens. They care about themselves and stuffing their pockets with as much money as they can steal from the American taxpayer.
Sunshine Protection Act
On Tuesday the Senate passed the “Sunshine Protection Act” which will allow states to make daylight saving time permanent. The bill now heads to the House, where Democratic leaders will determine whether the proposal sees the light of day. If the House passes the legislation it would go to the president’s desk for his signature.
USA Today names Rachel Levine as one of the “Women of the Year.” Problem is; it is a man! What next?
This is perverse. We have another biological man who claims he is female. As an athlete, he is handily beating all women who compete against him, her or it. This is the decline of our society, a society of formerly strong men and feminine women, as God made them.
The Smolett character, who falsely created a hate-crime scenario (and was found guilty of doing so), cost Chicago PD a lot of money, cost the people of the country unnecessary grief etc. has been released from jail pending his appeal. This is a joke. His bond is $150k which he will not have to pay unless he fails to show. He was sentenced to 150 days in jail, also a scam, as it could have been up to 3 years for each offense-and there were several. This is NOT justice; it is racially biased bullshit.
Hunter Biden Laptop
Surprise, Surprise! After accusations of “Russian disinformation” regarding Hunter Biden’s laptop, the New York times has now admitted the laptop does exist. You may recall the story being suppressed by everyone-except Fox News- in the months before the 2020 election.
Had the news been aired and published the outcome of the election would have been different, there is no question about that. The president himself and his entire family are and have been involved in quid pro quo shenanigans for years. Now that the truth is out, I am eager to see justice for the American people. Several weeks ago, I wrote about “Laptop from Hell” by Miranda Devine. The evidence of corruption is all over that boy’s laptop and does include his father, his uncle, Hunter Biden himself and many others.
Former Attorney General, Bill Barr said Friday
That definitely made an impact on the election, suppressing that news. And it’s not a question of whether it was criminal or not. Just the facts alone were shameful, and most Americans would immediately see what was going on and how repulsive it was, and it would have had an effect. The issue of criminality is a different issue,” Barr added.
“MAKE AMERICA GREAT AGAIN”
“KEEP AMERICA GREAT”
Have a great weekend…. God bless America!
Buy American made products whenever you can, it’s good for you, good for your friends and neighbors and good for our country.
If you are hiring…try to hire a veteran…. they are loyal, disciplined, hardworking…and they deserve our support.
By the way, if you wish to comment on my rants or offer any other insights you may have, you are encouraged to email me.
TEDDY ROOSEVELT ON IMMIGRANTS IN AMERICA…1907
In the first place, we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the person’s becoming in every facet an American and nothing but an American. There can be no divided allegiance here. Any man who says he is an American, but something else also, isn’t an American at all. We have room for but one flag, the American flag…We have room for but one language here and that is the English language…and we have room for but one sole loyalty and that is a loyalty to the American people.”