Today is January 12 and I am Dennis Michael Lynch. Below are my opinions on the stories grabbing headlines this morning. I hope you share this briefing as doing so will make you the smartest person in the room, in my opinion. And don’t forget to download the free DML App from the Google Play or Apple App Store to remain connected to me throughout the day.
1 – BREAKING: Biden’s inflation disaster: Consumer Prices Rise 7%, Fastest Pace Since 1982
The New York Times reports:: Inflation closed out 2021 on a high note, bad news for the Biden White House and for economic policymakers as rapid price gains erode consumer confidence and cast a shadow of uncertainty over the economy’s future.
The Consumer Price Index climbed by 7 percent in the year through December, and by 5.5 percent after stripping out volatile prices such as food and fuel. The last time the main inflation index eclipsed 7 percent was 1982.
Policymakers have spent months waiting for inflation to fade, hoping supply chain problems might ease, allowing companies to catch up with booming consumer demand. Instead, continued waves of virus have locked down factories, and shipping routes have struggled to work through extended backlogs as consumers continue to buy good from overseas at a rapid clip. What will happen next might be the biggest economic policy question of 2022.
Wednesday’s fresh data showed that the cost of used cars, shelter and food are all increasing quickly.
— Matt Egan (@MattEganCNN) January 12, 2022
CPI headline number exactly as expected, just the core MoM figure is a tiny bit higher than anticipated
— Contrarian Investor Media (@PodContrarian) January 12, 2022
DML: The Biden administration is a complete disaster, and they’re pushing America off the cliff!! Did 80 million people seriously vote for THIS?
2 – 33 Democrat Senators Urge Mass Amnesty by Regulation
Breitbart reports: Thirty-three of the 50 Democrat Senators have asked President Joe Biden’s border chief to grant work permits and a quasi-amnesty to perhaps four million economic migrants from Central America.
The Senators asked Alejandro Mayorkas on January 10 to grant “Temporary Protected Status” (TPS) — complete with work permits and access to drivers’ licenses.
The request comes as Biden’s amnesty plans are blocked because Democrats cannot push the Build Back Better immigration changes through the Senate.
The letter was signed by top Democratic leaders, including Sens. Chuck Schumer (D-NY), Robert Menendez (D-NJ), Elizabeth Warren (D-MA), and Dick Durbin (D-IlL).
Here’s the link to the letter sent by Senate Democrats today seeking TPS designations for El Salvador, Honduras, Nicaragua and Guatemala. https://t.co/1gcmHXcevF
— Tim Muth (@TimMuth) January 11, 2022
DML: Democrats want open borders… and as Trump always says, if you don’t have borders, you don’t have a country!
3 – GOP reps release new Fauci emails they say point to COVID-19 lab leak ‘cover up’
Fox News reports: Republican leaders on the House Oversight and Judiciary committees released excerpts of emails Tuesday that they say reveal National Institute of Allergy and Infectious Disease Director Dr. Anthony Fauci knew that COVID-19 may have been intentionally modified and leaked from the Wuhan Institute of Virology.
In a letter to Health and Human Services Secretary Xavier Becerra, Reps. James Comer, R-Ky., and Jim Jordan, R-Ohio, pointed to a Feb. 1, 2020, conference call that included Fauci and former National Institutes of Health Director Francis Collins in which the virus’s origins were discussed.
“It was on this conference call that Drs. Fauci and Collins were first warned that COVID-19 may have leaked from the WIV and, further, may have been intentionally genetically manipulated,” the Republicans’ letter said.
The congressmen said that “it is unclear if either Dr. Fauci or Dr. Collins ever passed these warnings along to other government officials or if they simply ignored them.”
To read excerpts of emails released today, click here. 2/2👇https://t.co/pLTSAkXNKI
— Oversight Committee Republicans (@GOPoversight) January 11, 2022
.@RandPaul just ENDED Fauci on LIVE TV
Fauci has no idea what to do with himself other than tremble in fear and whine about Rand Paul’s “Fire Fauci” campaign
This is the GREATEST thing you’ll WATCH today. LOL! pic.twitter.com/zhWHmrKAwb
— Benny (@bennyjohnson) January 11, 2022
Dr. Fauci and I finally agreed on something in our Senate hearing today pic.twitter.com/6MMX570yBn
— Senator Rand Paul (@RandPaul) January 11, 2022
DML: Fire Fauci!!
4 – Biden Administration Reveals 50 Million Coronavirus Tests Are Just Sitting in Warehouses
Breitbart reports: Assistant Secretary Dawn O’Connell from the Department of Health and Human Services (HHS) on Tuesday revealed 50 million coronavirus tests are sitting in warehouses.
As the Biden administration purchases $190 million worth of testing kits in January, Sen. Richard Burr (R-NC) asked O’Connell during a Senate committee hearing if she could assure him that Biden’s testing kit purchases are not originating from Communist China.
O’Connell responded by admitting HHS has millions of unused tests in warehouses, which are in addition to the outstanding tests out for delivery to the warehouses.
“So is what you’re telling me they’ve got 50 million tests in warehouses in the United States and all we did was access the inventory?” Burr asked for clarification.
“That is my understanding,” O’Connell responded.
“Well, will you confirm your understanding?” Burr asked. “This is a very, very important piece when you’ve got companies that don’t manufacture tests and all of a sudden we’re giving them a $190 million contract for about 14 million home tests and their expertise is importation of vodka.”
DML: The Democrat Disaster never ends.
5 – Coronavirus Panic: China Locks Down Another 5.5 Million People
Breitbart reports: Local Communist Party authorities in Anyang, China, ordered all of the city’s 5.5 million residents to observe strict stay-at-home orders in a notice issued Monday evening after health officials detected an increase in Anyang’s Chinese coronavirus caseload, Xinhua reported on Tuesday.
Anyang’s municipal government on January 10 “issued orders to ban all vehicles from roads and required all residents to stay put while an epidemiological investigation is underway,” according to Xinhua, which is China’s official state-run press agency.
“Currently, all supermarkets in the city have suspended business other than selling daily necessities. Shops have been closed and take-out services have also been suspended,” the report revealed.
“The city set up health monitoring points at every entrance and exit; suspended ticket sales for trains and buses that go out of the city, and ordered taxis and ride-hailing vehicles not to go out,” China’s state-run Global Times reported of Anyang on January 10.
DML: Here it goes again…
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