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Inflation Roars to 5% as Key Indicator Highest in Nearly 30 Years

Western Journal

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The Bureau of Labor Statistics reported Thursday that the consumer price index surged 0.6 percent in May to clock in at a whopping 5.0 percent inflation rate for the year, the highest since 2008.

The Federal Reserve sets the acceptable inflation target at 2 percent — a mark it has met for more than a decade prior to the Biden administration.

President Joe Biden’s response to inflation appears surprisingly lacking. In fact, it seems like he has given up.

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“President Biden’s top economic officials and the Federal Reserve are trying to sell the benefits of inflation,” The Hill reported.

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Treasury Secretary Janet Yellen spoke to The New York Times on Sunday and said, “Looking at wage increases, you can have a wage price spiral, so you need to be careful.”

However, Yellen added, “I do not see that happening now.”

Key Indicator More Than Troubling

The BLS dropped a bombshell in its report. The key “all items index” is trending up frighteningly quickly — the fastest rate since 1992.

“The all items index rose 5.0 percent for the 12 months ending May; it has been trending up every month since January, when the 12-month change was 1.4 percent,” the report read.

“The index for all items less food and energy rose 3.8 percent over the last 12-months, the largest 12-month increase since the period ending June 1992.”

It also noted that the price of food was 2.2 percent higher than a year ago.

Price of Energy Affects Everything

More bad news comes in the price Americans are paying for gasoline, electricity and natural gas.

The report notes that “[t]he energy index rose 28.5 percent over the last 12-months.”

The American Automobile Association said Thursday that the nationwide price for a gallon of gas now stands at an average of $3.07 per gallon. That is a full dollar higher than a year ago.

And oil inventories are dropping, down 5.1 million barrels from last year, according to GasBuddy. Current inventories are down 3 percent from the five-year average.

Finally, natural gas is 13.5 percent higher.

Price of Used Vehicles Shockingly High

There has been a sharp decrease in new cars being manufactured due to a worldwide computer chip shortage, with some estimates as high as 2.5 million fewer cars produced worldwide during the first half of the year.

Therefore, Americans are turning to the used car market in droves to replace their aging vehicles.

It’s no surprise then that the BLS reported the average price of a used car is a whopping 29.7 higher than a year ago.

CarGurus reported that a year ago, customers could have expected to pay $20,292 on average for a used car. Today, that average has shot up to $26,363.

With all bad news piling higher and higher, all eyes turn to Biden for his response.

This article appeared originally on The Western Journal.

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Tyranny: Concerned Parents Arrested After School Board Cuts Off Comments on Trans, CRT Policies

Western Journal

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Two Virginia parents protesting critical race theory and transgender policy proposals at their children’s schools were arrested Tuesday during a meeting of the Loudoun County School Board. The public comment session was held so parents could voice their concerns over the teaching of CRT as well as a new policy on “transgender and gender-expansive students.” Instead, the board ended the meeting midway and two parents were arrested. Two arrests made at the Loudoun County, Virginia school board meeting after it was declared an unlawful assembly and some parents here to protest against critical race theory and a transgender policy refused to leave right away #CriticalRaceTheory pic.twitter.com/dsZDrqJ0Gp — Gabriella Borter (@gabriellaborter) June 22, 2021 A total of 259 people had signed up to offer public comments, but the meeting was shut down after just 51 had spoken, according to Fox News. Ian Prior, a father of two students and a spokesman for the parent advocacy group Fight for Schools, slammed the board for refusing to allow parents to have a say in how their children are educated on controversial topics such as critical race theory and transgenderism. Prior told Fox News that it’s imperative for parents to “get a seat at the table” to help shape what their children learn in the classroom. Otherwise, schools become vehicles for the mass brainwashing of children with destructive left-wing propaganda. https://youtu.be/AntKpOTq0Fc The brouhaha at the Loudoun County School Board meeting came after former Republican state Sen. Dick Black slammed the board for suspending teacher Tanner Cross in May for stating at a school board meeting that he doesn’t believe “a biological boy can be a girl and vice-versa.” Two weeks ago, a judge ordered Cross’ school to reinstate him, saying his statements were constitutionally protected free speech under the First Amendment. After…

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Confirmed: Disguised Leftists Infiltrated Trump Crowd on Jan. 6, Said They Told FBI How to Infiltrate MAGA

Western Journal

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Recently released videos prove what conservatives have been saying for months now: Trump supporters were not the only ones at the Capitol on Jan. 6. Two leftists infiltrated the Jan. 6 mob that stormed the Capitol and later said they told the FBI how to “infiltrate Trump rallies.” The two men are Walter Masterson and Peter Scattini and a quick look skim through their respective Twitter feeds shows that they are, indeed, leftists. It’s been stoked by the media & by the president. It goes beyond institutional distrust & disgust. So many are painting these protestors as a monolith, when in reality it was an amalgam of families, business owners & anarchists who believed they were fighting for “their” America — Peter Scattini (@jpscattini) January 7, 2021 COVID Nurse at the MAGA Rally does not believe in wearing a mask. pic.twitter.com/1SvKyFpPCf — Walter Masterson (@waltermasterson) December 13, 2020 Multiple videos on Scattini’s YouTube channel show him and Masterson — disguised as reporters from One America News Network — asking questions to a number of Trump supporters outside the Capitol on Jan. 6. https://www.youtube.com/watch?v=v6uCSMnHO7w&t=1556s An additional video blog posted on Feb. 17 features Scattini explaining how FBI agents approached the two men after their Jan. 6 stunt. https://www.youtube.com/watch?v=WajJZZfoLXg “They introduced themselves as two agents of the FBI and one officer of the NYPD and asked if they could come inside and, of course, we said yes,” Scattini said. “We talked to them for about an hour, we are not in any trouble, but that was super weird.” “Walter is giving them tips on how to infiltrate Trump rallies.” This lines up with a recent assertion made by Fox News personality Tucker Carlson that the FBI had agents on the inside during the Jan. 6 incursion. “Strangely, some of the key people who…

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