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Schaftlein Report

Schaftlein Report: Federal Reserve Raises the Federal Funds Rate 25 Basis Points

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1) The NASDAQ rallies huge up over 15% year to date

1A) Inflation still high. Could we see disinflation?

1B) Biden floats idea of capping credit card late fees. The earliest it could happen would be 2024 if at all. Lots of obstacles.

2) McCarthy meets Biden and says they can reach common ground?

Massive Migrant Caravan Marches Toward US with LGBT Flags Flying as Mexican President Snubs Biden at Summit

3) Direct TV censorship of Newsmax draws Republican scrutiny

3A) Culture Wars – Smithsonian kicked out a student who was wearing a pro life hat. This should not happen.

4) Republicans introduce Articles of Impeachment against DHS Secretary Mayorkis

5) Omar to be kicked off Foreign Relations Committee?

5A) Lawyer for Hunter Biden admits the laptop is his.

6) Nikki Haley prepares 2024 run

7) Biden approval at 44%

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About the Author:
As a lifelong advocate for the dream promised us in the Constitution, Andrew West has spent his years authoring lush prose editorial dirges regarding America's fall from grace and her path back to prosperity. When West isn't railing against the offensive whims of the mainstream media or the ideological cruelty that is so rampant in the US, he spends his time seeking adventurous new food and fermented beverages, with the occasional round of golf peppered in.