The Senate May Have a Democratic Majority
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In-Brief
- Warnock defeats Walker in GA Senate.
- New Twitter owner Elon Musk just released proof that biased liberal senior Twitter executives covered-up the Hunter Biden laptop story immediately before the 2020 election to help Biden defeat Trump and that it censored conservatives.
- The Republicans will control the House by 9 seats. One additional D seat is already vacant because of a death after the election.
- Biden “bought” the unexpected D victories with his corrupt scam and unconstitutional promise of student loan debt relief. The Supreme Court has put the plan on hold subject to it ruling on its constitutionality by June 2023. Few expect the Biden administration to prevail.
- It is now accurate to say that the US economy, at least for the short-run, is in “stagflation.” That is a period of high inflation and slow or no growth. It was caused by the horrible fiscal policies of the Biden administration and the flawed monetary policies of the Federal Reserve.
- But inflation now does seem to be slowing. We’ll know more after a major inflation report ,the CPI, on 12/13.
- Ukraine had a major victory in Kherson province and Kherson City and the Russians a very serious defeat. The Ukrainians are now demanding a return to its 1991 borders with Russia. Political unrest, caused by Putin’s failing war in Ukraine, is growing rapidly. The military position of the Russians is weak. Watch for a Ukrainian winter offensive late this month or early next.
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