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June 15, 2004
Tame Inflation Deflates Kerry CampInflation is tamer than expected: "It means we're back to the best of everything -- we'll have higher rates but slowly and methodically rather than that half point jump everybody was getting a little bit more concerned with," said John Hughes, market analyst at Shields & Co., who believes the data showed the Fed doesn't need to go 50 basis points this month. But Greenspan says the Fed must be prepared to respond to "threats" to the economy, including another possible terrorist strike. I'm not a Greenspan watcher, but what this sounds like to me is Greenspan proposing an alternative reason to hike interest rates. Inflation may not be a threat, but terrorism is, and so the Fed will raise rates, if only to have the power to lower them dramatically if necessary. There are three constants in the universe: the speed of light, the cosmological constant, and Greenspan thinking that now would be a great time to raise rates. Donald Luskin takes diminutive dean Paul Krugman to task for always predicting soaring inflation, or at least always predicting soaring inflation during Republican administrations. The paranoid Princetonian never seems to get around to explaining why his previous predictions have been so woefully off the mark.
Modest cowbell: No cowbell for this: New York State's growth exceeds national growth. Nice for New York, but Bush isn't going to win in New York. Can't all those growing New York businesses relocate to Ohio?
The University of Michigan's preliminary survey of consumer confidence for June showed its sentiment index rose to 95.2 from a final reading of 90.2 in May, according to sources who saw the subscription-only report, breaking a two-month decline. Economists polled by Reuters had forecast a fall to 89.9 as record-high gasoline prices and geopolitical concerns were expected to have offset some of the optimism over the improvement in the labor market... "The rebound in hiring over the past three months is finally affecting consumer attitudes about the economy. However, the improvement in sentiment has been relatively sluggish," said Steven Wood, economist at Insight Economics. "Although sentiment remains well below its levels of the late 1990's, further job gains will push it higher," he said. posted by Ace at 12:40 PM
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| The Deplorable Gourmet A Horde-sourced Cookbook [All profits go to charity] Top Headlines
If you heard about ambulances leaving Mar-a-Lago, don't sweat it, they're just vehicles that are a standard part of JD Vance's motorcade
Star Trek "Unification" short film seems to be hitting people in the feels
Thanks to Anna Puma. Personally, I don't really get it. It's just a lot of fan service and images created by AI deepfaking Shatner and Nimoy. But people seem to like it.
"The Tears of CBS:" Norah O'Donnell and other CBS communist propaganda ministers have the sads on election night
Incredibly, during the night, and probably for the first time ever, Norah O'Donnell admits, starting around 4:00, that maybe Biden shouldn't have cancelled all of the Trump executive orders "that really locked down the border." Seriously -- has anyone on CBS ever even allowed that possibility, except after it was clear Trump had won?
CONCERNING: Ana Kasparian afflicted by some kind of seizure as she repeats the left's attacks on her that she's "just a secret right-winger"
ShellBanger Afuera!
Keith Olbermann's declaring Bathtub Fatwas again. (So it's a day that ends in -y.)
Keith Olbermann Thanks to anonosaurus wrecks
What they took from us:
I had a big Mac last week. I was stunned at how thin the burgers were. Never seen them that thin. We are a fallen people. I think every lima bean recipe should have a suggestion, best served with a toddler's bitter tears... Written by Ben Meiselas:
Diversity is our strength. Switzerland: 67% Of Prisoners Are Foreigners [dri]
Trump announces RFKJr. for HHS (via the NY Post):
"For too long, Americans have been crushed by the industrial food complex and drug companies who have engaged in deception, misinformation, and disinformation when it comes to Public Health," Trump wrote in his announcement, making rare use of his X account to broadcast a cabinet pick.
Compilation of idiot leftists proclaiming that Trump can't win, guaranteeing Harris win
What would we do without "elites" and "experts" Here's a compilation of older proclamations that Trump can't win
For ace:
Yacht Rock: A Dockumentary Ace's call for more acknowledgement of yacht rock has been answered. [TJM] Recent Comments
J.J. Sefton:
" 379 Posted by: Yudhishthira's Dice at November 2 ..."
Lizzy[/i]: ">>There need to be investigations and trials. ..." I used to have a different nic: "[i]I would like some Brit to explain to me why, wh ..." tubal: "374 If political ideology makes you "not a Christi ..." Yudhishthira's Dice: "It's unfortunate the guy died. It sucks. But, it w ..." I used to have a different nic: "[i]Forcing people to take part in medical experime ..." Moron Robbie - Men don't care about women's accomplishments, only looks and pleasantness: "just saw it, fen, thanks ..." Ignoramus: ""Allegedly, the DOD had a hand in the Covid-19 pan ..." MNoble: "Biden is so senile that he has forgotten he is Cat ..." ...: "If political ideology makes you "not a Christian" ..." Moron Robbie - Men don't care about women's accomplishments, only looks and pleasantness: "Posted by: FenelonSpoke - I hope you don't, ..." Sponge - F*ck Cancer: "[i] Willful = intentional Posted by: Sebastian M ..." Bloggers in Arms
Behind The Black CutJibNewsletter The Pipeline Second City Cop Talk Of The Town with Steve Noxon Belmont Club Chicago Boyz Cold Fury Da Goddess Daily Pundit Dawn Eden Day by Day (Cartoon) EduWonk Enter Stage Right The Epoch Times Grim's Hall Victor Davis Hanson Hugh Hewitt IMAO Instapundit JihadWatch Kausfiles Lileks/The Bleat Memeorandum (Metablog) Outside the Beltway Patterico's Pontifications The People's Cube Powerline RedState Reliapundit Viking Pundit WizBang Some Humorous Asides
Kaboom!
Thanksgivingmanship: How to Deal With Your Spoiled Stupid Leftist Adultbrat Relatives Who Have Spent Three Months Reading Slate and Vox Learning How to Deal With You You're Fired! Donald Trump Grills the 2004 Democrat Candidates and Operatives on Their Election Loss Bizarrely I had a perfect Donald Trump voice going in 2004 and then literally never used it again, even when he was running for president. A Eulogy In Advance for Former Lincoln Project Associate and Noted Twitter Pestilence Tom Nichols Special Guest Blogger Rich "Psycho" Giamboni: If You Touch My Sandwich One More Time, I Will Fvcking Kill You Special Guest Blogger Rich "Psycho" Giamboni: I Must Eat Jim Acosta Special Guest Blogger Tom Friedman: We Need to Talk About What My Egyptian Cab Driver Told Me About Globalization Shortly Before He Began to Murder Me Special Guest Blogger Bernard Henri-Levy: I rise in defense of my very good friend Dominique Strauss-Kahn Note: Later events actually proved Dominique Strauss-Kahn completely innocent. The piece is still funny though -- if you pretend, for five minutes, that he was guilty. The Ace of Spades HQ Sex-for-Money Skankathon A D&D Guide to the Democratic Candidates Michael Moore Goes on Lunchtime Manhattan Death-Spree Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility The Dowd-O-Matic! The Donkey ("The Raven" parody) Archives
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