Shock slowdown in US economic growth in
first three months of 2024 sparks fears
of downturn and sends stocks plummeting
Posted By: OhioNick, 4/25/2024 2:14:42 PM
The US economy is finally showing signs of cooling as growth fell to 1.6 percent in the first three months of the year. Economists polled by Reuters had predicted the rate of Gross Domestic Product (GDP) would rise to 2.4 percent. The lower-than-expected data, released by the Commerce Department Bureau of Economic Analysis, sent stocks downwards Thursday morning. The Dow Jones Industrial Average tumbled 1.7 percent or 650 points while the S&P 500 lost 1.4 percent.
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OhioNick"
The US economy is finally showing signs of cooling as growth fell to 1.6 percent in the first three months of the year.
Economists polled by Reuters had predicted the rate of Gross Domestic Product (GDP) would rise to 2.4 percent.
The lower-than-expected data, released by the Commerce Department Bureau of Economic Analysis, sent stocks downwards Thursday morning.
The Dow Jones Industrial Average tumbled 1.7 percent or 650 points while the S&P 500 lost 1.4 percent.
At least 13 financial institutions are being investigated by Republicans in Congress for colluding with the federal government to spy on Americans after the January 6 protests looking for 'extremism' indicators.
The House Select Subcommittee on the Weaponization of the Federal Government led by top Republican Jim Jordan, R-Ohio, is investigating 'collusion' between U.S. banks and federal agencies in the aftermath of the Capitol riot.
The Biden administration worked with banks to comb through 'extremism' indicators like the purchase of a religious text, like a Bible, or searches including the terms 'MAGA' and 'TRUMP.'
Australian authorities have refused to use the “I” or “M” word to discuss the Muslim terrorist attack on a bishop.
Now they’re demanding that Twitter take down a video of the stabbing on the Australian Jewish Association Twitter account.
At issue is the right of X to publish a video showing the moment a 16-year-old allegedly stabbed a bishop in an Orthodox Christian Church in Sydney earlier this month.
Australian authorities say the clips threw fuel on a riot that erupted outside the church after the attack and shouldn’t be available for general viewing on a global platform.
Hundreds of Texas troopers went into the University of Texas at Austin on Wednesday, in the latest standoff before authorities and pro-Palestine college students.
Police have arrested at least four demonstrators after warning them they could face criminal charges if they did not disperse, as reported by the Texas Tribune.
The rally at the Austin campus was organized by the university's Palestine Solidarity Committee (PSJ) chapter.
The group said it was inspired by their 'comrades' at Rutgers, Yale and Columbia University, where in-person classes have been canceled due to the unrest sparked by an 'encampment for Gaza.'
The decades-old NASA Voyager 1 spacecraft has begun sending readable communications again after months of transmitting gibberish.
Voyager 1 – the most distant human-made object in existence – has been sending back data from interstellar space for nearly 50 years after being launched in 1977.
However, in November a glitch occurred that made the spacecraft's data about its environment and the health of its own systems unintelligible to the NASA scientists monitoring it.
Famous for snapping photos of Jupiter, Saturn and their moons, Voyager 1 then returned readable communications on April 20, confirming it is still safely cruising outer space.
Hunger is rising in the United States with 12.8 percent of Americans claiming they struggled to afford food in 2022 – a 2.6 percent increase from the year prior.
Information from the U.S. Department of Agriculture released October 2023 reveals that there were 17 million households who had trouble putting food on the table in 2022.
The increase can be linked to a massive spike in inflation following the end of the pandemic and President Joe Biden is likely to take the brunt of the political backlash for the growing issue.
Americans have lamented for the last few years about the spiking price of several food products such as meat, eggs and milk
Parents of Columbia students are being encouraged to demand refunds after the college cancelled all in-person classes as it struggles to get a grip on pro-Palestine protests.
Embattled president Minouche Shafik announced that remote learning will remain in place for the college's 37,000 students until the end of the Spring semester amid the ongoing tensions.
Turmoil at the university ramped up on Monday during the major Jewish holiday of Passover, when protesters camped out for the seventh day in an attempt to urge the school to divest from companies with financial ties to Israel.
Hate preacher Abu Hamza has boasted to US authorities the UK taxpayer will pick up the bill for his life if released - even putting his family on the payroll.
The hook-handed cleric has told American prison bosses hard-working Britons will fund his care for “free” in his bid to be immediately discharged from his life sentence in the States on health grounds.
Last night, Hamza’s handout brags sparked fury as taxpayers said they were “sick of being insulted by this tinpot terrorist.”
The jihadi is currently in America’s notorious ADX Florence supermax prison - nicknamed the Alcatraz of the Rockies.
Colorado Turns Schools into Welfare Agencies
as Thousands of Needy Migrant Children Enroll 10 replies
as Thousands of Needy Migrant Children Enroll 10 replies
Denver and other Colorado communities have transformed schools into welfare agencies as tens of thousands of children of illegal border crossers flood into the state’s schools, where they get free food, clothing, shoes, healthcare, and education at taxpayers’ expense.
The Washington Post reported the transformation of the Centennial State’s schools from educational facilities to full-on welfare agencies where kids of all ages — many of whom have never gone to school in their entire lives — are enrolled by the thousands.
The paper began its story by talking about eleven-year-old Alberto, who was enrolled in a school in Aurora, Colorado. At eleven, Alberto had never attended school and spoke no English.
Outside the mob of Hamas supporters were chanting “Genocide Joe” while inside Joe Biden was trying to raise more money.
Yet the terrorist supporters and the president both shared a funding source.
The Soros clan has been accused of providing an estimated $15 million to the pro-terrorist groups storming cities in support of Hamas, and an estimated $758,000 already to Biden.
Both of those are only partial estimates of much larger spending by the family of radical billionaires which have simultaneously been funding the anti-Israel movement, trojan horse Jewish groups and the Democratic Party politicians whom they are busy pressuring.
Rep. Cammack to Introduce Legislation
Prohibiting ‘Display of Foreign’ Flags
on House Floor 13 replies
Prohibiting ‘Display of Foreign’ Flags
on House Floor 13 replies
Rep. Kat Cammack (R-FL) revealed plans to introduce legislation prohibiting the “display of foreign nations’ flags” in the House of Representatives after Democrats celebrated the passage of a $61 billion foreign aid package to Ukraine.
Prior to the bill’s passage, Democrats in the House of Representatives were seen celebrating by waving miniature Ukrainian flags on the floor of the House chambers.
“Watching American representatives pass out & wave Ukrainian flags in the United States House of Representatives chamber infuriated me,” Cammack wrote in a post on X. “As we speak, my team is drafting legislation that will prohibit the display of foreign nations’ flags on the House floor.”
House Democrats have come under fire for waving the Ukrainian flag in the chamber of the U.S. House of Representatives during a vote to approve $60 billion in aid for the country’s defense.
"Ukrainian flags fly in the chamber of the UNITED STATES House of Representatives as they vote to send more of your hard-earned money to a corrupt foreign regime," Sen Rand Paul, R-Ky., said in a post on X Saturday. "And just like that they shout ‘UKRAINE! UKRAINE!’ while happily working to secure Ukraine’s borders, not ours."
Most Active Articles (last 48 hours)
Pope Francis told CBS News this week that climate change deniers are “stupid” even in the face of compelling evidence of a climate emergency.
“Some people are stupid (necios), and stupid even if you show them research, they don’t believe it,” the pontiff told CBS Evening News anchor Norah O’Donnell when asked what he would say to the deniers of climate change.
“Why? Because they don’t understand the situation, or because of their interests, but climate change exists,” the 87-year-old pope asserted.
Pope Francis had never before sat down for an extensive interview, one-on-one, with a U.S. television network during the course of his 11-year pontificate.
U.S. Senate candidate Rep. Adam Schiff (D-CA) had his luggage stolen in San Francisco, California, on Thursday, leaving him without a suit as he addressed an audience that evening.
The San Francisco Chronicle reported:
Hello to the city, goodbye to your luggage. That was Senatorial candidate Adam Schiff’s rude introduction to San Francisco’s vexing reputation for car burglaries Thursday when thieves swiped the bags from his car while it sat in a downtown parking garage.
The heist meant the Democratic congressman got stuck at a fancy dinner party in his shirt sleeves and a hiking vest while everyone else sat in suits.
The Biden administration has reportedly abandoned its plans to ban menthol cigarettes after warnings that it could push away some Black voters.
The Wall Street Journal reported on Friday the White House dropped its plans for the ban after weighing the potential public health benefits against possible political repercussions. “This rule has garnered historic attention and the public comment period has yielded an immense amount of feedback, including from various elements of the civil rights and criminal justice movement,” Health and Human Services Secretary Xavier Becerra said in a Friday statement.
“It’s clear that there are still more conversations to have
A wholesome Midwestern city has become the country's hottest real-estate market because of its premium location, job market and booming culture.
Rockford in Illinois lies just 90 miles from Chicago and Milwaukee and is expecting a direct train line to the Windy City in just a few years.
Last year property prices there surged by an astonishing 51.7 percent in 12 months, according to new Realtor.com data. The median house price in Rockland sits at $233,000 and it's still possible to buy a desirable property there that will likely appreciate considerably in value.
President Joe Biden said Friday he would be willing to debate former president Donald Trump, after months of declining to say definitively whether he planned to appear onstage alongside his Republican challenger.
“I am, somewhere. I don’t know when. But I’m happy to debate him,” Biden said when asked during an interview with Sirius XM radio host Howard Stern whether he is willing to debate Trump.
Trump adviser Chris LaCivita responded to Biden’s comments in a post on X: “Ok let’s set it up!”
Biden’s newfound willingness to debate comes after the five major TV news networks and the Associated Press reportedly sent an unprecedented letter
Shocking: Pro-Hamas Protest Leader Suggests
Murdering Jews While Negotiating With
Columbia Officials 20 replies
Murdering Jews While Negotiating With
Columbia Officials 20 replies
When you let a crazed, genocidal maniac talk long enough, they will always expose themselves. That happened on Thursday when two videos were released of a pro-Hamas protest leader suggesting Jews should be murdered. Shockingly, this is the same person Columbia University officials have been "negotiating" with over the last few days. Kymani James can be seen ranting about how "Zionists," which are Jews, do not deserve to live and should be exterminated like "nazis." A fair warning. This guy's words are extremely violent and disturbing.
The White House has introduced a special routine for when Joe Biden departs and returns to the White House on the Marine One helicopter.
According to a report from Axios, advisors to the geriatric president are increasingly concerned that his inability to walk properly is highlighting his old age and declining mental condition.
The outlet reports:
President Biden has introduced a change to his White House departure and return routine. Instead of walking across the South Lawn to and from Marine One by himself, he’s now often surrounded by aides.
With aides usually walking between Biden and journalists’ camera position outside the White House, t
10 Reasons Not to Buy an Electric Car
19 replies
1. We've been down this road before
Paul: Electric cars are not new. When the 1901 Chicago Auto Show was staged, more than half of the fourteen vehicles that were shown at that show were electric vehicles. It's not a new idea at all. The problem is, is that there's this nasty little thing called practicality.
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There are a lot of people who are saying, "I've seen all of this, I apparently should be doing it." And then they get hit with the harsh realities of what happens with an electric vehicle.
2. They're more expensive than you think
Lauren: If you're thinking about buying an electric car ...
Merrick Garland Defies Final Warning to
Comply with Biden Audio Subpoena or Face Contempt 18 replies
Comply with Biden Audio Subpoena or Face Contempt 18 replies
Attorney General Merrick Garland defied a final warning Thursday to comply with a subpoena for the audio of President Joe Biden’s interview with special counsel Robert Hur.
If Garland did not comply with the subpoena, he would face contempt of Congress proceedings, House Oversight Committee chair James Comer (R-KY) and Judiciary Committee chair Jim Jordan (R-OH) wrote Garland on April 17. (Photo) Biden’s Justice Department replied Thursday to Comer and Jordan by refusing to hand over the audio, citing a lack of “legitimate congressional need” for it.
“If the Committees’ goal is to receive information from the Department in furtherance of your investigations, that goal has been more than met,”
An incident involving a physical attack by a female Secret Service agent tasked with protecting Vice President Kamala Harris is raising questions about whether the agency had thoroughly vetted her during her hiring and whether an ongoing push to increase the numbers of women in the service and boost overall workforce staff played a role in her selection.
The Secret Service agent assigned to Vice President Kamala Harris was removed from her duties Wednesday after physically attacking the commanding agent in charge and other agents trying to subdue her, according to an agency spokesman and knowledgeable Secret Service sources.
Mike Pinder of the Moody Blues Passes Away
17 replies
Mike Pinder, original keyboardist for The Moody Blues in both their original mid-1960s configuration as a pop/blues outfit and their better-known late-1960s/early-1970s gentle progressive rock quintet entity, died in his Northern California home on April 25, 2024, from an as-yet unstated cause. Pinder was 82. Pinder first came to public attention in 1965, when alongside singer/vocalist Ray Thomas and guitarist/vocalist Denny Laine, he appeared on the first Moody Blues album, “The Magnificent Moodies.” The album contained the band's first hit, “Go Now,” written by Larry Banks and Milton Bennett. With Laine on lead vocal, the Moody Blues’ version reached #1 in England and #10 in the United States. Follow-up success
The Supreme Court on Thursday heard oral arguments on Trump’s presidential immunity claim in Jack Smith’s January 6 case in DC after a federal appeals court ruled Trump was not immune from prosecution.
Trump’s lawyers previously argued that Trump is immune from federal prosecution for alleged ‘crimes’ committed while he served as US President.
At issue before the Supreme Court is whether a US President is immune from criminal prosecution for official (not personal) acts.
Conservative Justice Brett Kavanaugh asked DOJ prosecutor M