If US Inflation Reflected Rising Home Insurance Costs, It’d Be Even Higher
'...Homeowners insurance costs in the US hit roughly $175 billion in 2023, up 21% over the previous year...'
Reference: www.bloomberg.com
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'...Homeowners insurance costs in the US hit roughly $175 billion in 2023, up 21% over the previous year...'
'...the puzzle around rent inflation, which is one-third of the CPI. It's stuck at 5.6% y/y and keeping overall inflation high. ...some worry that surprisingly-high demand and solid wage growth will keep rents high.
Most-convincing is this chart: Which highlights that the CPI rent number is currently higher than any of the private measures of rent.'
'Israel PM insists his priority is to prevent another terror attack like the October 7 Hamas' Jewish Genocide Massacre ...When asked on Sunday whether Israeli forces would move into Rafah, Netanyahu replied: "We'll go there. We're not going to leave them. You know, I have a red line. You know what the red line is? That October 7 doesn't happen again. Never happens again." The prime minister was referring to the murderous Hamas raid that killed more than 1,160 people in Israel and triggered the war. Without naming them, Netanyahu claimed he had the tacit support of several Arab leaders for driving ahead with the onslaught against Hamas. “They understand that, and even agree with it quietly...'
'...Supporters of Israel gathered outside the Manhattan office of Senate Majority Leader Chuck Schumer, D-N.Y., on Friday, chanting “traitor” and calling on the nation’s highest-ranking Jewish politician to resign for “backstabbing” Israel and falling silent in the wake of a nationwide outbreak of antisemitism.
The demonstration featuring about 40 protesters occurred a few days after Schumer said he told reporters he had faith in President Joe Biden’s decision to withhold weapons shipments to Israel...'
'...The 10 Republicans who voted with Greene against tabling the motion were Warren Davidson of Ohio, Alex Mooney of West Virginia, Barry Moore of Alabama, Victoria Spartz of Indiana, Chip Roy of Texas, Eric Burlison of Missouri and Paul Gosar, Eli Crane and Andy Biggs, all of Arizona. ...'
Why should we vote for Trump when he will not even support his greatest supporter? I never thought i could be convinced to vote against Trunp, but I can't stand wishy-washy politicians.
'...Though she has been seen in the past touting a MAGA hat in favor of Trump, the former president called on Republicans to table her motion. ...'
'...The Israelis also reportedly told Burns that Hamas’s Gaza chief Yahya Sinwar was pleased to see the US withholding weaponry from Israel and that this move further complicated the prospects for a deal. The report said Israel’s leaders consider the gaps between the sides on a possible hostage deal to be extremely wide, and therefore believe their focus needs to be on the continuing IDF operation in Rafah. ...'
'...This squeeze could also politically influence some seniors, a key voting group, potentially weakening some of their support for President Joe Biden. Some polls have shown that Americans generally disapprove of Biden’s handling of the economy compared with former President Donald Trump, his presumptive rival in November’s election who enjoyed much tamer inflation during his administration. ...'
'...GW President Ellen Granberg’s released a statement Sunday denouncing the encampment degeneration over the weekend. Granberg also said the school cannot restore order without the help of Washington’s Metropolitan Police Department (MPD).
“The demonstration, like many around the country, has grown into what can only be classified as an illegal and potentially dangerous occupation of GW property,” Gransberg said. “It is also essential to highlight that at no point was this encampment lawful.”... Off to the motherf****** gallows with you too,” the encampment leader said.
This mock court was held for GWU’s board of trustees and for the school’s president, shouting for these individuals to be beheaded.
“To the guillotine,” protesters said.'
'there have been multiple coordinated attempts by large groups of illegal aliens to breach the southern border, with this trend appearing to be on the rise. On April 12, a mass of illegal immigrants cut and tore down the concertina wire used to block illegal entry into the country. ... Within the mob of approximately 300 individuals, 142 allegedly "push[ed]" forward, forcing Texas National Guardsmen to "back off," according to a state prosecutor who argued the group's actions constituted participation in a riot. The arrested individuals were predominantly Venezuelan nationals, while some were from Guatemala and Honduras. "Joe Biden has abandoned Texas," U.S. Senator Ted Cruz (R-Texas) told Blaze News. "The federal government won't defend our border...'
'...Bank of America economists said there is a “real risk” that the Fed won’t cut until March 2025 “at the earliest,” though for now they’re still going with a December forecast. ...'
'...“At this time, the incident is being investigated only as a traffic crash by MPD’s Major Crash Investigations Unit," the metro police said in a statement posted on social media.
Security protocols were implemented but there was no threat to the White House, the Secret Service said.
The Secret Service will continue to investigate the matter, while turning over the fatal crash portion of the investigation to the metro police, the agency said. ...'
'New data on airport arrivals was released this week after a congressional subpoena. ..."It's just another layer to the entirety of what we're dealing with," Rep. Chip Roy, R-Texas told Fox News Digital in an interview. "But that's what people need to understand, it's a very specific program designed to flood the system, misusing parole to do it." Fox News reported this week on how official stats show that during an eight-month period from January through August 2023, roughly 200,000 migrants flew into the U.S. via a parole program for four nationalities. Of those, the vast majority landed in Florida, but three of the top 15 destinations were in Texas -- Austin, Dallas and Houston. Over 10,000 migrants traveled to those airports in that period. ...'
'Taking a page from the playbook of University of North Carolina fraternity brothers who captured America's heart for protecting a U.S. flag on campus this week amid anti-Israel protests, more than 200 students at the University of Mississippi showed up with U.S. flags and red, white, and blue attire to drown out a much smaller group of pro-Palestinian protesters Thursday. ...“I believe that is just the most important thing for us to do right now is protect everything we stand for,” Ole Miss student Aubrey Grace...Pryce Parker — an Ole Miss student who joined the counter protest — told WHBQ in regard to the pro-Palestinian protesters that "you can’t take over our campus like the campuses in the north. This is a southern campus. We believe in God and Jesus, and we don’t stand for that.”'
'...We’re not in the business of offering political advice to President Joe Biden, but it is hard to miss his absence...Biden is, of course, not taking a strong stand because the left wing of his own party, already inflamed by his mealy-mouthed support for Israel, is actively participating in these protests. Reps. Ilhan Omar (D., Minn.) and Alexandria Ocasio-Cortez (D., N.Y.) dropped by to fist bump the Columbia campers. Biden can’t afford to alienate them further, and like Columbia’s president Minouche Shafik, will soon realize you can’t reason or negotiate with a mob.'
'...During the operation, police officers were seen entering Hamilton Hall via a truck-mounted ladder. The hall had been seized by unruly demonstrators the night before. In addition, the NYPD was forced to respond to violent anti-Israel protests at the City College of New York (CCNY) in Harlem, where they were subjected to violence as the crowd of agitators attacked police officers. The protests resulted in more than 280 arrests between the Columbia and CCNY campuses. In addition, members of the New York City Council wrote a scathing letter to Columbia University officials demanding that they pay for the operating procedures instead of Big Apple taxpayers, saying “Columbia created this mess” and the university can “definitely afford it”....'
'Sen. Tom Cotton on Wednesday said President Biden was putting more pressure on Israel than Hamas and should denounce pro-Palestinian protests on college campuses. ...“When will the president himself, not his mouthpieces, condemn these hate-filled ‘Little Gazas?’...Cotton said that foreign students who take part in the protests should be deported, and suggested withholding funding for colleges that do not protect the civil rights of Jewish students. “Instead, Joe Biden is putting more pressure on Israel '
'...something genuinely hilarious occurred at the University of Alabama. On an issue where no common ground could be found, the pro-Hamas and pro-Israel camps had found one. The one thing they agreed on is that Joe Biden sucks. The editor-in-chief of the Crimson Herald, Maven Navarro, caught both camps chanting “f**k, Joe Biden.” The best part is that each side waited for the other to complete their excoriation of the president...'
'Young Americans’ support for the president has been chipped away since 2020. ...“The real threat to Biden is that younger voters, especially college-educated voters, won’t turn out for him in the election,” said Jonathan Zimmerman, a professor of history of education at the University of Pennsylvania. “I wouldn’t expect that the protesters on campuses today are going to vote for Trump, almost none of them will. That’s not the danger here. The danger is much simpler: that they simply won’t vote.”...'
It is now clear why Huntsville, Alabama, has built and continues to build huge numbers of apartment buildings.
'The Alabama House of Representatives Tuesday approved a measure that would allow some students living in the country illegally to attend public higher education in the state. HB 210, sponsored by Rep. Reed Ingram, R-Pike Road, would allow students in the U.S. without legal permission to attend one of Alabama’s post-secondary institutions, if they have applied for legal status ...The bill passed 89-10. ...'
'...The cost of housing has been driving inflation of late, and Fed officials still expect it to decline and lead headline inflation lower.
But strong data keep undercutting confidence in a fast return of inflation to the Fed's 2% target. Some of the alternate shelter indicators watched by policymakers have shown no clear break yet. ...With inflation running faster-than-expected through the first months of this year, the Fed is "not quite sure it has done enough to derail inflation and cut rates; a further acceleration in inflation would force the Fed to consider additional rate hikes," Swonk wrote.'
'witnessing the administrations of these institutions and many folks in the leftist corporate media condoning these hateful, violent campus takeovers and coddling the radical students...But one school in California (surprisingly) is calling these actions out for what they are: “lawless behavior” that has nothing to do with free speech and everything to do with vandalism, violence, and discrimination.
The school is California State Polytechnic University in Humboldt, and on Sunday they issued a hard-hitting statement to the brats...'
'... “The flags raised by protesters over University Hall were removed by Harvard facilities staff,” the spokesperson told The Post. “The actions are a violation of University policy and the individuals involved will be subject to disciplinary action.”
But online users had even stronger reactions.
“These pro-Hamas protesters’ sole agenda is to eradicate every western value and every basic human right while establishing an Islamic Sharia law regime,” X user Mor Hogeg posted Sunday.
“They are starting with the Jews in Israel as their main objective and will continue with the entire west,” he wrote. “It is not a fight of Israel against Hamas – the fight is between a culture of life and a culture of death. WAKE UP!”...'
'...why won’t the president of the United States ever accept interviews from actual journalists? Why is he hiding from the American people?...For anyone who understands the role of the free press in a democracy, it should be troubling that President Biden has so actively and effectively avoided questions from independent journalists during his term. The president occupies the most important office in our nation, and the press plays a vital role in providing insights into his thinking and worldview, allowing the public to assess his record and hold him to account.'
'Taylor’s defense lawyer, he detailed how Taylor’s trial proceeded and highlighted a distinct bias in favor of the prosecution. ...Judge Abena Darkeh, took over. The judge disrupted Varghese’s opening statement multiple times...She told us, ‘Do not bring the Second Amendment into this courtroom. It doesn’t exist here. So you can’t argue Second Amendment. This is New York.''
'students at Columbia University say they no longer feel safe on campus as protests in support of Palestine stretched into the fifth consecutive day on Sunday....onathan Lederer, a Jewish sophomore at the university, said he and his twin brother, who also attends Columbia, were preparing to leave campus for a week in the hopes that the unrest would be addressed by the school in that time.
“Up until last night, when half the people there are from off campus, a bunch of lunatics who want to cause problems, issues and start a riot, that is when I felt totally vulnerable,” said Lederer. ...'
'...When Asia expert Kurt Campbell started his new job in February as the deputy secretary of state, he began a series of listening sessions with staff members.
"It was overwhelmingly calls, including from people I respect, [that] we need to do more to sanction Israel, we need to do more to punish Israel, we need to be more seriously considering ways in which we can sanction them, condition aid, cut off aid, reduce weapons flows," one foreign service officer with two decades of Middle East experience told the Insider. "There were people whose issues don't have anything to do with the conflict … who were making the case for why we need to do more to bash Israel."
Since Hamas' unprovoked attack on Israel on Oct. 7...the alleged "failure of leadership" at the State Department, the Washington Examiner reported that at least three recent members of an Iran-controlled influence network visited the Biden White House 10 times since 2022.'
'...sudden rise in new prescriptions could bring about high risk of abuse, similar to the opioid crisis.
The drugs have a long list of serious side effects, including anxiety, seizures, insomnia, hallucinations, and psychosis. There have also been reports that the drugs could contribute to an increased risk of heart disease. ...It's been estimated that one in four American teens are abusing some form of prescription stimulants such as Adderall. The CDC has also reported that the percentage of children who have parent-reported ADHD has steadily increase over time.'
'...President's says his uncle Ambrose J. Finnegan was 'shot down' by the enemy - but Pentagon says his plane suffered 'engine failure'...known by the family as 'Uncle Bosie'. The president said: '(He) got shot down in an area where there were a lot of cannibals at the time. They never recovered his body.'
'The Department of Agriculture, with space for more than 7,400 employees at its headquarters, averaged just 456 workers, or about 6% occupancy. The Department of Labor, Department of Veterans Affairs, the Environmental Protection Agency and the Nuclear Regulatory Commission also came in at less than 10%. ...The reality is that where there’s a building with deferred maintenance that isn’t being utilized, it could be sold and the revenues allocated back to GSA for other real estate needs, instead of taxpayers paying for it.'
'“The strategy of the Biden administration has failed miserably. Biden is sleepwalking the US into another catastrophic war in the Middle East,” Fawaz Gerges, professor of International Relations and Middle Eastern Politics at the London School of Economics told NBC News. “His overarching goal of preventing the war in Gaza from escalating into neighboring countries has failed. Biden has failed to influence [Israeli Prime Minister Benjamin] Netanyahu’s decisions either in Gaza or towards Iran.”...'
'...Representative Rashida Tlaib (D., Mich.) on Thursday refused to condemn “death to America” chants that featured prominently at a rally in the district she represents. Last week, at an anti-Israel demonstration in Dearborn, Michigan, local activist Tarek Bazzi led a crowd in chants of “death to America” and “death to Israel,” saying the Jewish state “does not deserve to exist” and celebrating former Iranian ayatollah Ruhollah Khome...'
'...There are 12 broods or groups of cicadas with 17-year life cycles and three broods with 13-year life cycles. The insects are not harmful to animals or humans, but their collective sounds can be as loud as a lawnmower or motorcycle. According to studies, cicadas emerge when the ground reaches a temperature of around 65 degrees. ...'
'Former Secretary of State Mike Pompeo said the State Department's new senior DEI hire will "destroy" the foreign affairs agency and make America "less safe"...Carr Johnson's hire was part of the "Biden administration's core commitment… to inflict a divisive, un-American, Marxist dogma on the American people." "I don't think [the State Department] frankly believes it. I think they're catering to the progressive left of their base in an election year, and the harm is that they will destroy the State Department'
'Google has been getting away with election interference for at least 16 years, and it is showing no signs of stopping. ...after Democrats took a devastating loss in the 2016 election, evidence collected by MRC shows that election interference became part of its mission. As one Google executive let slip in a secretly recorded interview, the company was working to actively “prevent the next Trump ...'
'...Someone entered the building by throwing a rock through a window in the service bay, he said. Once inside, police say they turned off security cameras and erased several hours of video footage. Then, according to the dealership, the thieves plugged a computer into the dealership’s key safe and unlocked it. “It looked like they took a laptop and went in there, took control of it, and popped it open and got all the keys,” Anthony said. “These cars are all push-button starts, so they just grab all the keys, throw them in a basket...'
'...refuses to back him 2024: WWE legend says he's not happy with the 'state of America', woke culture 'bugs him' and...The WWE legend added that he isn't happy with the state of America right now and left open the chance of running for office himself in the future.
... my goal is to bring this country together, he added.
'I will keep my politics to myself. It is between me and the ballot box.'
'...Federal employees, retirees and dependants covered by GEHA health care are still experiencing service outages as the company is working to restore claims processing and repayment systems after a cyber attack breached the healthcare industry in February. GEHA, a popular Federal Employees Health Benefit plan that covers some 2 million beneficiaries, has some of its services provided by Change Healthcare, the target of the attack by a ransomware hacker group, ALPHV, or Blackcat. UnitedHealth Group, Inc., is the parent company. ...'
'...Outrage is building after the LSU women’s basketball team walked off the court for the American National Anthem. Iowa players remained on and held hands in solidarity! ...'