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Former President Jimmy Carter appeared on The Daily Show, and discussed the efforts that must be made for peace and security in the wake of the terrorist attacks in Paris. He also told an interesting story: During the Camp David peace summit when he was President, Israeli Prime Minister Menachem Begin and Egyptian President Anwar El Sadat were so argumentative for three days, that he ultimately told them to go to separate rooms and that he would go back and forth between them.

Jon Stewart asked: “Can you give world leaders a timeout?”

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Conan O’Brien is already getting ready for the next election: “I hate to say this, but people are starting to talk about the 2016 presidential race already. Yeah. According to a new survey, this is interesting, the potential presidential candidate that most voters said they’d like to live next door to is Elizabeth Warren. That’s what they said — that’s the one they want to live next door to. Personally, I’d like to live next door to Mitt Romney, because that would mean I have billions of dollars.”

Tony Danza appeared on Late Night with Seth Meyers, and told an amusing personal anecdote: The time that Speaker John Boehner sang to him for his birthday at an Italian restaurant in New York City.

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For a long time, inflation has been the phantom of the American economy: often expected but never seen. But the latest Consumer Price Index, which showed that prices rose by five percent from May of last year to May of this year, raises fears that it is breaking down the front door and taking over the guest room.

The price jump was the biggest one-month increase since 2008. It appears to support the warning of former Treasury Secretary Larry Summers, who wrote in February that President Joe Biden's budget binge could "set off inflationary pressures of a kind we have not seen in a generation." Senate Republican leader Mitch McConnell charged last month that the administration has already produced "raging inflation."

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