“The illusion of freedom will continue for as long as it’s profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will take down the scenery, move the tables and chairs out of the way, then they will pull back the curtains and you will see the brick wall at the back of the theater.” – Frank Zappa

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Inflation for January rose higher than expected.

Is this a one-off blip?

Or is it a sign that the remaining inflation in the system is "sticky", and going to prove harder for the Federal Reserve to get under control?

Some analysis have been warning that we may be falling into the same trap as we did in the 1970s, which saw a series of rollercoaster surges and drops in inflation until Fed Chair Paul Volker was forced to rise interest rates up to a crippling 20% to get prices under control.

Is that kind of pain possibly in our future?

To find out, we're fortunate to hear today from Michael Lebowitz, portfolio manager at Real Investment Advice. He works closely with Lance Roberts, who regular viewers see on this channel with me every Saturday.

And as inflation expectations go, so go interest rates. Michael also shares where he thinks those and bond prices are headed from here

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, ECONOMY
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Israel has responded to Prince William's statement over the Gaza conflict, saying the country also wants to see an end to the fighting.

The Prince of Wales, 41, ramped up his family's response to the Israel-Hamas war after he and wife Kate had earlier put out a joint statement of 'distress'.

The heir to the throne expressed how his family was 'deeply concerned' about its 'human cost' in an impassioned statement just hours after Labour leader Sir Keir Starmer called for an 'immediate humanitarian ceasefire'.

It comes as royal experts say that his well-choreographed call for an end to the Gaza conflict showed he plans to be a hands-on King - while MPs have questioned whether King Charles knew about his son's statement before it was released.

The comment comes just the day before MPs will debate and vote on an SNP measure calling for an unqualified 'immediate ceasefire' to end the bloodshed, even if Israeli hostages are not returned.

Claire's Observations:  Prince Williams has the intelligence to know precisely what is going on here, and that Israel's conflating "self defense" with "genocide" is a morally despicable move, on the part of the Israeli government.   Israel has given Hamas until the start of Ramadan (the evening of Sunday,  10 March) to return all the hostages,  or Rafah gets invaded, and "ethnically cleansed."  

Benny Ganz  made Israel's position quite clear, as reported at the independent.co.uk last Sunday:

"Israel will launch a ground offensive in the southern city of Rafah if hostages are not released by the upcoming Muslim holy month of Ramadan, war cabinet member Benny Gantz warned on Sunday.

The statement comes as prime minister Benjamin Netanyahu brushed off growing international calls to halt Israel’s military offensive in Gaza.

"If by Ramadan our hostages are not home, the fighting will continue to the Rafah area," Mr Gantz, a former prime minister and part of Mr Netanyahu’s three-member war cabinet, told a conference of Jewish American leaders.

10 March... is just 18 days away from today.  Many of the hostages are most probably  already dead, as the medical infrastructure in Gaza has been as totally destroyed as has been humanly possible, courtesy of the IDF.

 Israel has pretty much stopped listening to anything anyone in the US/UK government has to say about a cease-fire. Most British MPS and US Congressional representatives have been compromised/co-opted by the Israeli government. 

And in spite of how horrific the optics here are, the Bidenistas are still providing the bombs and bullets through which Israel is committing this genocide.

But what if Israel  ultimately, is, unable to win their fight against Hamas and  Hezbollah militarily, even with massive US aid?!?  What then?!?  What happens if Israel's neighbors unite, and are supported by Russia and/or China's military?!?  

Yes, Israel has nuclear weapons; but using them close to Israeli territory, means that their own people will get badly hit with fallout, and you will have massive disease and death in Israel.

Were I a US/Israeli tactician, these questions are what would be keeping me up at night.

 

 

 

Tags: CHINA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, IRAN, ISRAEL, LEBANON, MIDDLE EAST, PALESTINE, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE, WMD
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Fani In The Hot Seat: Former Harvard Professor Warns DA Willis May Have Committed Perjury

Retired Harvard Law professor Alan Dershowitz said that Fulton County’s district attorney may have lied under oath last week during hours of testimony in court to determine whether she would be disqualified from prosecuting a case in Georgia against former President Donald Trump.

ton County District Attorney Fani Willis testifies during a hearing in the case of the State of Georgia v. Donald John Trump at he Fulton County Courthouse in Atlanta on Feb. 15, 2024. (Alyssa Pointer/Pool via Getty Images)

The district attorney, Fani Willis, is prosecuting a case against President Trump and more than a dozen co-defendants, alleging that they were involved in a criminal conspiracy to change the outcome of the 2020 presidential election.

Ms. Willis was grilled by defense lawyers on Feb. 15 regarding her relationship with special counsel Nathan Wade, including about when their relationship started and whether she paid Mr. Wade back for multiple vacations.

A co-defendant in the Trump case filed a motion last month that accused her of concealing the relationship and of profiting from taxpayer funds after her office paid Mr. Wade.

Defense lawyers contended that the relationship started before Ms. Willis hired Mr. Wade and that she improperly benefited from his earnings, creating a conflict of interest that should disqualify the district attorney from the case. Robin Yeartie, Ms. Willis’s former friend and co-worker, testified on Feb. 15 that she saw the two hugging and kissing before Mr. Wade was hired in November 2021.

Attorneys for the state called two key witnesses of their own on Feb. 16: Ms. Willis’s father, who said he didn’t know about his daughter’s relationship until recently, and former Gov. Roy Barnes, who testified that Ms. Willis asked him to serve as special prosecutor, testimony the attorneys used to back her claim that Mr. Wade wasn’t her first choice for the job.

Tags: IMPEACHMENT, IRAN, ISRAEL, PALESTINE, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE, WMD
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By: orraz
Tags: CURRENT EVENTS
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Tags: CURRENT EVENTS
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