Tag: COVID 19
Jerome Powell

Biden Didn't Cause Inflation -- And Now Prices Are Falling

MAGA Republicans have been quick to blame President Joe Biden for rising prices, although inflation following the COVID-19 pandemic is hardly limited to the United States. Statista published a list of the 20 countries with the world's high inflation rates in 2023, and the U.S. was nowhere to be found.

Inflation has been a global problem, not a problem that is limited to the U.S. And according to new U.S. government data, prices are declining here.

NBC News' Brian Cheung reports, "The Personal Consumption Expenditures Price Index (PCE), one of two major readings on inflation, fell by 0.1 percent between October and November, the Bureau of Economic Analysis said Friday — the first monthly decline in more than 3½ years. Combined with other recent data showing disposable personal income and consumer sentiment rising, the United States' economy appears to be heading into 2024 on strong footing even as it cools down."

A separate report from the University of Michigan, Cheung reports, "showed consumer sentiment soaring 14 percent in December."

The report's author, Joanne Hsu, wrote, "All age, income, education, geographic, and political identification groups saw gains in sentiment this month. The index is now just shy of the midpoint between the pre-pandemic reading and the historic low reached in June 2022."

The U.S. Federal Reserve, after a series of interest rate hikes, is now saying it may cut interest rates sometime in 2024 — although it remains to be seen how much will be cut, and when. The Fed has been raising interest rates in the hope of taming inflation, and Inflation Insights founder Omair Sharif is urging the Fed to proceed with caution before making a decision about a possible cut.

Sharif, according to Cheung, said of 2024's first quarter, "The more benign inflation data is certainly something to celebrate, but there is some turbulence ahead."

Reprinted with permission from Alternet.

Meet Fox's Fake 'Democrat' -- An Anti-Vax Libertarian (VIDEO)

Meet Fox's Fake 'Democrat' -- An Anti-Vax Libertarian (VIDEO)

Fox News has a long history of hosting conservative activists while presenting them as everyday American voters. The network has also been presenting an anti-vaccine activist as a “Democrat voter” — despite her past public comments declaring that she actually votes Libertarian for president and for Republicans in other races, and that Democratic candidates are “an automatic no-no.”

Stephanie Edmonds became an anti-vaccine political activist after she lost her job in the New York City school system for refusing to get a COVID-19 vaccine. She has an extensive media footprint, with interviews and appearances on outlets ranging from the mainstream CNN and CBS News to the right-wing Post Millennial.

On the Wednesday morning edition of Fox & Friends, a panel of voters gathered to discuss the previous evening’s town hall event with former President Donald Trump and Fox host Sean Hannity. Co-host Ainsley Earhardt introduced Edmonds, saying, “I know you’re a Democrat,” while Fox’s on-screen chyron identified her as a “Democrat voter.” Edmonds then criticized Trump on the grounds that he had “teed up a socialist vaccination program that then led to mandates” and promoted her work on an upcoming documentary about the pandemic shutdowns. She further added, “Democrats like me are fleeing from the Democratic Party.”

Edmonds has every right to voice her own opinions, of course. But for Fox to present her as a “Democrat voter” whose pronouncements generally reflect Democratic voters seems disingenuous. Edmonds has in fact described herself as “politically homeless,” and she seems to have registered with the Democratic Party simply in order to vote in local primary elections in a heavily Democratic area.

Earhardt should have known all this information about Edmonds — after all, the two of them had previously discussed this very matter. Edmonds had appeared on the September 28 edition of Fox & Friends as part of a voter panel gathered to respond to the second Republican primary debate. Earhardt explained, “You live in Stamford, Connecticut, very Democratic area, so you’re registered as a Democrat, but you say you’re politically homeless.”

In another segment an hour later, Edmonds further explained to co-host Steve Doocy, “I’m actually politically homeless. I’m Democrat because I live in a Democrat town, so it allows me to participate more effectively in the process.”

Doocy jokingly responded, “You want to be one of the cool kids — is that what you’re saying?”

Edmonds is also active on her personal account on X (formerly known as Twitter), where she promoted Wednesday morning’s Fox appearance and suggested that she would speak out against the “socialist vaccination scheme.” In past tweets, she explained that she first registered as a Democrat in order to support then-Rep. Tulsi Gabbard (D-HI) in the 2020 presidential primaries and applauded Gabbard for “joining the Unaffiliated with me.” She also declared that she has “NEVER voted for either a republican or democrat for president” and that she expects she will “probably go libertarian again” in 2024. She has also stated that “Democrats are an automatic no-no for me,” and said that in the 2022 midterm election she was “voting down ballot Republican.”

Reprinted with permission from Media Matters.

Why Americans Should Stop Idolizing The Ivy League

Why Americans Should Stop Idolizing The Ivy League

After Hamas massacred 1,200 Israelis, gang-raped teens and kidnapped hundreds of innocents, 30 student groups at Harvard issued a statement reading, "We, the undersigned student organizations, hold the Israeli regime entirely responsible for all unfolding violence."

The anger that followed went beyond this dismissal of Isis-type barbarity. It pursued Harvard president Claudine Gay after she issued a mealy-mouthed response.

There was bit of a turnaround when prestigious law firms and other employers started rescinding job offers to students involved in these groups. Some companies may have objected to what they saw as overt displays of antisemitism. They may have also been shocked by the TikTok-level display of ignorance of the conflict's complexities, which these alleged top students had put on full display.

The main subject here isn't the current Mideast tragedy, but let us note: Students have every right to say stupid things, and employers have every right not to hire students who say stupid things. As for college administrators frightened of the children, that's a problem for the colleges.

This is about the undeserved reverence shown to these colleges no better than others with lesser brand names. How many times have my new acquaintances used the H-word to elevate their ordinary views?

Without a doubt, brilliant minds have attended and taught at Harvard, Yale, and the rest. But so have many mediocrities whose rich parents hired consultants to turn their offspring into the perfect packages these institutions want. That meant tutors to ensure high scores alongside some angle, such as prowess in a sport or carefully selected do-gooding.

Many in the media play the Ivy worship game. Reporters commonly put "Harvard-educated" or "Yale-educated" in front of some expert's name. If the person being interviewed went to the University of Nebraska or, say, Colgate, the alma mater is left a mystery. Never mind if the interviewee's less-glamorous school exceled in the area of expertise they were writing about.

My late husband, a senior editor at Princeton Press, set me straight on the hot air that fills the balloons of Ivy puffery. (I went to New York University.) Himself a product of elite education from prep school on up, he talked of seeking out writers at small colleges in the Dakotas who were actually doing original things. He found the professors who had spent their entire lives climbing the grades, from kindergarten to Ph.D. with hardly a break, tended toward the immature.

The most interesting intellectuals had held regular, non-academic jobs at some point: They had worked on a road crew or run a shoe store or painted houses. He was grateful to have been shaken out of his assumptions by time spent in the Marines. (He laughed about having to hide his background as an "Ivy flower" while being schooled on Parris Island.)

If these latest displays of cowardice by administrators at Harvard, Columbia and Yale vacuum up some of the fairy dust the worshippers sprinkle around these schools, so much the better. And that goes double if they prompt some rich alumni to move their donations elsewhere. How about funding organizations that help kids from struggling backgrounds get a foothold in a secure life?

One of the reasons so many super rich graduates give multimillions to the richest colleges is the same reason so many parents want their children to get into them. It gives them an opportunity to hobnob with other rich people or those whom they consider socially desirable.

"Should Ivy League Schools Randomly Select Students?" was the subject of a recent essay about how the COVID shutdowns gave the well-to-do an extra leg-up in these admissions. The more interesting question would have been, "When Can Everyone Stop Worshipping the Ivy League?"

Follow Froma Harrop on Twitter @FromaHarrop. She can be reached at fharrop@gmail.com. To find out more about Froma Harrop and read features by other Creators writers and cartoonists, visit the Creators webpage at www.creators.com.

Reprinted with permission from Creators.

Stew Peters

How The Sinclair Network Promoted Antisemitic Psycho Stew Peters

At least 16 Sinclair television stations ran sponsored gold investment segments featuring white nationalist and antisemitic streamer Stew Peters from May through September of this year. In addition to promoting Peters, who has urged the execution of journalists, the Sinclair segment touted his misinformation-filled anti-vaccine movie Died Suddenly to viewers across the country.

A Sinclair Broadcasting Group spokesperson told Media Matters about the Peters segment: “We were not aware of the association and are reviewing our internal policies on sponsored content. The segment in question is no longer on our air.”

Peters is the host of The Stew Peters Show, which streams on Rumble. He frequently pushes for the death of his perceived enemies, including repeatedly advocating for the executions of people who have backed the COVID-19 vaccines. Peters is so extreme that he recently ran a segment endorsing the executions of Taylor Swift and Travis Kelce over the Kansas City tight end’s promotion of the Pfizer vaccine.

Sinclair’s promotion of Peters is even more egregious because he has called for the deaths of reporters who have promoted vaccines. In March, Peters wrote: “The journos, anchors and hosts that participated should be indicted, tried and fried.” In June, he posted a video of various media and government figures talking about the vaccine and wrote: “Every single one of these people deserve the rope.”

On X (formerly Twitter), Peters has also endorsed the killings of politicians and LGBTQ advocates.

Peters regularly promotes white nationalism and antisemitism and appeared at Holocaust denier Nick Fuentes’ conference last year. He recently complained of Jewish people: “Support for homos, trans, abortion, and the unchecked illegal invasion of every country on earth isn't exactly a message of morality.” He also wrote that Judaism is a “death cult built on the blood of murdered babies.”

He promotes bizarre and dangerous conspiracy theories, including those related to QAnon, Pizzagate, the Uvalde and Sandy Hook mass shootings, 9/11, the Maui wildfires, and Russia’s war in Ukraine. Peters is also a flat earther, writing: “If the ‘globe’ is ‘round’, someone is going to have to prove it to me.”

Peters was behind Died Suddenly, a widely debunked and misinformation-filled movie that pushes the conspiracy theory that, as the Anti-Defamation League summarized, “Covid-19 vaccines are causing healthy individuals to develop deadly blood clots, suggesting this is proof that ‘global elites’ are using Covid-19 vaccines to depopulate the planet as part of a broader conspiracy to establish a global, totalitarian regime.”

Despite that history, Sinclair stations across the country ran “sponsored” segments featuring Peters and meteorologist Brian van de Graaff from Sinclair’s Washington, D.C.-based station WJLA.

The roughly two-and-a-quarter-minutes segment began with van de Graaff touting Peters’ credentials, stating that he is a “former bounty hunter and host of The Stew Peters Show. Stew is also the producer of the film Died Suddenly, which was viewed by over 30 million people worldwide.” (A roughly 30-second longer version of the segment has also aired.)

The segment then transitioned into treating Peters as a purported financial expert, including van de Graaff asking for his “thoughts on the recent bank bailouts and frail financial system.” Peters responded that when it comes to savings, “the only answer is to invest in precious metals, physical gold and physical silver,” and viewers should do it through Goldco, the segment’s sponsor.

According to a search of the media databases Kinetiq and TVEyes, Peters’ segment aired on at least 16 Sinclair-affiliated stations since May through September, most recently on September 28:

In one instance, Peters’ segment also aired on KRGV in Harlingen, Texas, which is owned by Mobile Video Tapes Inc. (KRGV was airing the show Daytime, which is produced by Sinclair.)

At times, Peters’ segment was introduced by local news personalities. In Little Rock, for instance, the sponsored segment was introduced on Good Morning Arkansas by host Ansley Watson, who said: “Do you have concerns about the direction of the U.S. economy? Our D.C. correspondent Brian van de Graaff shares information about how you can protect your retirement savings from inflation.” In Birmingham, Alabama, Talk of Alabama host Katherine Page made a similar introduction before the start of the segment.

Gold companies have heavily targeted conservative audiences over the years. In addition to Peters, Goldco also uses Fox News host Sean Hannity as a spokesperson. Despite their mutual Goldco connection, Peters has called Hannity a “ball-less” phony; traitor; “bloviating blowhard”; “fake JiuJitsu champ”; and someone who “sold his soup to the communists” and is part of the “sold-out fake news media.”

Peters has previously thanked Goldco “for making our Died Suddenly film possible.”

Goldco connecting with Sinclair is a natural fit, as the media company has long broadcasted conservative propaganda to viewers across the country.

Reprinted with permission from Media Matters.