Free Republic

President Joe Biden suggested Tuesday it is false that his administration is restricting consumer choice in the automobile market, but his administration recently finalized a rule that will force electric vehicles (EVs) to make up a much larger share of overall auto sales over the next decade. Biden made the remark during a Tuesday speech about his administration’s decision to significantly bolster tariffs against Chinese products including steel, semiconductor chips and EV batteries. The Environmental Protection Agency (EPA) finalized a rule in March that requires manufacturers to make EVs constitute between 35% and 56% of new cars sold in 2032,...

An Upper East Side kosher restaurant was targeted by vandals early Wednesday. Rothschild TLV on Lexington Avenue had its front window smashed overnight — leaving a gaping hole, images posted on X show. The upscale eatery is inspired by Rothschild Boulevard in Tel Aviv, according to the restaurant’s website. The NYPD did not immediately respond to a request for information from The Post.

On Wednesday, the country hit a sad milestone: Inflation under President Biden hit 20 percent. The dollar’s value has plummeted under his watch. The Bureau of Labor Statistics also confirmed that the consumer price index is resurgent and growing faster than average wages. Combined with weak GDP growth, this data shows the U.S. economy is reentering stagflation. Historic inflation is causing declining living standards and a cost-of-living crisis. Under Biden’s presidency, grocery prices have increased by nearly one-third and gas has risen by 50 percent. It feels like every daily convenience — from a turkey sandwich to some handyman help...

Credit card delinquencies are on the rise, as research from the New York Federal Reserve shows nearly a fifth of borrowers are “maxed-out.” According the new report, issued by the bank’s Center for Microeconomic Data, household debt rose by 1.1 percent, or $184 billion, in the first quarter of the year, bringing the total to $17.69 trillion. “In the first quarter of 2024, credit card and auto loan transition rates into serious delinquency continued to rise across all age groups,” Joelle Scally, regional economic principal within the household and public policy research division at the bank, said in a statement....

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.4 percent before seasonal adjustment. Advertisement The index for shelter rose in April, as did the index for gasoline. Combined, these two indexes contributed over seventy percent of the monthly increase in the index for all items. The energy index rose 1.1 percent over the month. The food index was unchanged in April. The food at home...

California Gov. Gavin Newsom (D) has turned to climate change to explain how the state went from a $100 billion surplus two years ago to a $28 billion deficit, which would have been even higher prior to drastic actions last month. As CalMatters noted, deficit estimates ranged from $38 billion to $73 billion: That prompted Newsom and the Legislature to take “early action” last month to reduce the deficit by more than $17 billion ahead of the regular budget process. Their plan included some program cuts, but mostly relied on new revenue, internal borrowing and funding delays and shifts for...

Actor John Leguizamo wants Latinos to stop blaming President Joe Biden for the economy, telling them to instead blame record-high consumer prices on COVID and Trump. In a Salon interview last week, John Leguizamo was reacting to recent polling figures showing former President Donald Trump gaining ground among Latino voters. “Because Latinos, they’re blaming him [Biden] for the economy, which they shouldn’t be because COVID was the culprit and Trump not handling COVID was the culprit in damaging our economy,” he said. “But our economy is doing great. It’s just inflation that’s messing up everybody’s paycheck. So I understand that.”

Could a second Biden term be more injurious to the economy than his first term? It seems unimaginable given the first three years gave us 20% inflation, a $2,000 loss in average real incomes for the middle class, 6 million added illegal immigrants, a war on American energy that has caused gas prices to rise by more than 40% to $3.64 a gallon, the collapse of our many major cities, another $6 trillion added to the national debt, the unaffordability of new homes, and the chaos on college campuses. So what's the encore to that abysmal performance? What will Bidenomics...

Restaurant chain Red Lobster could file for bankruptcy protection as early as next week, The Wall Street Journal reported on Tuesday. People familiar with the matter told the Journal that the company, overwhelmed with hundreds of millions in debt, plans to file a Chapter 11 bankruptcy petition in Orlando before Memorial Day. Bloomberg previously reported in April that the restaurant company was considering filing for Chapter 11 bankruptcy protection.

On Tuesday’s “PBS NewsHour,” Treasury Secretary Janet Yellen predicted that President Joe Biden’s tariffs won’t cause any meaningful price increases for typical families and responded to a question on her criticism of the Trump tariffs as “taxes on consumers” by stating that Biden’s tariffs are different because they’re “are a targeted group of strategic sectors where we have developed a real overdependence on China.” Yellen said that with the Biden tariff regime, “I don’t think that anything will occur here that would be noticeable to the typical American family. Mainly, these tariff increases serve to protect firms and workers that...

CLAIM: President Joe Biden claimed during an interview with Yahoo Finance that inflation was nine percent when he took office in January 2021. VERDICT: FALSE. A report from the U.S. Department of Labor’s Bureau of Labor Statistics found that the Consumer Price Index (CPI) inflation rate was at 1.4 percent in January 2021, when Biden came into office.

President Joe Biden’s 2024 campaign and affiliated groups announced a $90 million fundraising haul for March on Saturday. The total — which includes funds from the campaign, the Democratic National Committee (DNC) and affiliated joint fundraising committees — out-paces former President Donald Trump and the Republican National Committee’s (RNC’s) $65.6 million raised in the same month. Biden’s fundraising apparatus now has more than double the amount of cash on hand as Trump’s, at $192 million compared to $93.1 million, according to a press release. “ The money we are raising is historic, and it’s going to the critical work of...

Head of the Mezha Anti-Corruption Center, Martyna Bohuslavets, has written a report in Pravda asking "Where are the fortifications?" She reports that millions of dollars that were intended for the construction of fortifications in Ukraine were instead "transferred to Kharkiv OVA to front companies of avatars." Bohuslavets said the Ukrainian Kharkiv Regional Military Administration (Kharkiv OVA) paid out funds to fictitious companies during the construction and fortification of the Kharkiv region. The report comes as Russian forces have broken into the northern region of Ukraine and the US continues funding the war. According to Ukranian Pravda reports, the Russian military...

Every year, former Republican congressional candidate Paul Chabot hosts a welcoming ceremony at a barn in North Texas that draws hundreds of people. There, barbecue vendors, military recruiters and line dance instructors indoctrinate their new neighbors, teaching them about their new home and the Southern lifestyle. After the festivities, the county sheriff hands them a red, white and blue certificate declaring them honorary Texas citizens. When these families sign their names and recite their oaths, they must not only “swear loyalty” to the Lone Star State, but profess that “there is no finer, greater or better place on the planet.”...

Actor Robert De Niro said Tuesday on ABC’s “The View” that former President Donald Trump and his supporters were filled with anger and hate. Co-host Sunny Hostin said, “Some people have criticized you, because you’ve been pretty open about your dislike for Mr. Trump and the dangers he poses to democracy. You once famously said you’d like to punch him in the face. But right now he’s leading in the polls in five battleground states. Any advice to the Biden campaign or the voters? What are you thinking?” Heavily censored, De Niro said, “Well, I think I don’t understand why...

New York City Councilwoman Shahana Hanif blasted Mayor Eric Adams (D) for his temporary tax-supported immigrant housing policies, suggesting instead that taxpayers pony up for permanent housing for immigrants. On Thursday, Hanif accused Adams of not wanting “New Yorkers to be happy” and denying them the chance to enjoy “permanent, dignified housing.” “The administration just does not want New Yorkers to be happy — plain and simple,” the Democrat told NY1. Adams has been working to enforce limits on shelter time for illegal aliens, threatening to evict them after 30 days for singles and 60 days for families. Adams began...

A majority of swing state voters said there is “not really any chance” they would cast a vote for President Joe Biden, a New York Times/Siena/Philadelphia Inquirer poll recently found, underscoring Biden’s tough road to reelection. The poll asked respondents, “Would you say there’s some chance you will support Joe Biden or not really any chance?” 52 percent said not really any chance Four percent said some chance Two percent did not know Among the 52 percent who said there was no chance they would vote for Biden, nine percent voted for Biden in 2020, and seven percent considered themselves...

President Joe Biden signed into law a ban on Russian enriched uranium on Monday, the White House said, in the latest effort by Washington to disrupt President Vladimir Putin's invasion of Ukraine. The ban on imports of the fuel for nuclear power plants begins in about 90 days, although it allows the Department of Energy to issue waivers in case of supply concerns. Russia is the world's top supplier of enriched uranium, and about 24% of the enriched uranium used by U.S. nuclear power plants come from the country. The law also unlocks about $2.7 billion in funding in previous...

Porn star Stormy Daniels wore a bulletproof vest to get to court to deliver salacious allegations about Donald Trump because she feared what “some nut might do to her,” according to her attorney. Daniels, 45, was “paralyzed with fear” before her two days testifying to her alleged fling with Trump that is at the heart of his criminal hush money trial, her attorney, Clark Brewster, told CNN late Monday. “She was concerned about the security coming in to New York,” Brewster told CNN on Monday. “She wore a bulletproof vest every day until she got to the courthouse,” he said,...

<p>DES MOINES, Iowa — Florida Governor Ron DeSantis is gearing up to lend a financial hand to former President Donald Trump, marking a significant shift in their political relationship, according to AP sources.</p><p>Two people familiar with the matter, who spoke on anonymity, disclosed that DeSantis is set to start fundraising efforts for Trump in the upcoming weeks, aligning with his pledge made during a recent meeting with the former president.</p>