https://twitter.com/libsoftiktok/status/1538533685728669696

And the cognitive dissonance of our liberal thought leaders.

Journalism professor suggests young reporters fabricate stories because of racism, high standards

“…In a long Twitter thread on Thursday, a Marquette University assistant professor of journalism suggested young reporters may fabricate stories because newspaper journalism standards are too high and because minority reporters might feel racism on the job.

“In my few years as a journalism educator, I’ve found that the younglings engage in unethical practices (ie, fabricating quotes, etc.) mostly out of desperation mixed with inexperience,” wrote Dr. Ayleen Cabas-Mijares, who describers herself as a “Critical/Cultural and Feminist Media scholar” in her Twitter biography.

“Their failure to meet standards says as much about the unmanageable pressure they deal with and the little support/guidance they have as their personal shortcomings,” she wrote…”

Pathetic

Furthermore, in recognition of our local black and brown artists, we have dedicated $7.2 MILLION in bond funding to public art💥

➡️In addition, we have already purchased over 60 pieces of artwork created by local Black artists to be displayed in our public buildings👏💯 pic.twitter.com/Dlw35fXV4j

— Mayor LaToya Cantrell (@mayorcantrell) June 17, 2022

Meanwhile, a few blocks away some local citizens gather to celebrate the hair pick:

https://twitter.com/IrishAmerican27/status/1534183541239697408

Related:

Yes. That’s what you think it is.

We are sacrificing our children on the altar of a brutal, far-Left ideology

“…The medical profession is crumbling in response to radical transgender activists

There is good evidence that many ancient societies sacrificed children to their gods. Parents in ancient Phoenician colonies in Carthage, Sicily, Sardinia and Malta slew their offspring prior to cremating them, hoping that the gods would hear their voices and bless them.

We are rightly appalled by this, though sometimes I wonder whether we understand child sacrifice far more than we’d like to admit.

I saw a video the other day featuring an American surgeon bragging that he had performed more than 3,000 double mastectomies on young women who had paid for gender reassignment, individuals confused – one might say encouraged – by those who profit from it into believing that their adolescent emotional trials can be ‘cured’, and happiness reign forever, if they subject themselves to this brutal practice.

And it is brutal – a process that often includes not only the aforementioned mastectomies but other appalling surgical processes: orchiectomy (that’s castration, in blunter language), the removal of the uterus, the demolition of the musculature of the forearm to make what is not a penis but must be referred to as such – all of that.

For someone purporting to be a physician to perform this on children, to me at least, seems like something worthy of a prison sentence.

Whatever happened to the doctrine expressed by the ancient language as primum non nocere – first, do no harm?

The Hippocratic Oath has been replaced by a delusion: a belief that can be summarised as ‘by blocking the puberty of children, and then surgically altering them, we are only restoring what is theirs by right. A child’s feelings are the final arbiters of their reproductive destiny, and any attempt to contest their gender identity risks increasing their proclivity for suicide’.

Lies. Lies. Lies. Then butchery…”

Mark Levin SHUTS DOWN sham Jan 6th Committee with ALL the receipts pic.twitter.com/bpE5iWsRzz

— Benny Johnson (@bennyjohnson) June 17, 2022

Housing Crash Imminent: As Mortgage Rates Explode Price Cuts Soar And Buyer Demand Collapses

TYLER DURDEN:

“…A little over a month ago, when mortgage rates were still “only” 5% we shared several devastating anecdotes from real estate agents and industry execs who validated our worst fears: US housing was imploding… fast, with subsequent observations only confirming this dire conclusion about the state of the most popular asset class among the US middle class.

Fast forward to this week when things have gone from worse to catastrophic, because with 30Y mortgage rates soaring at the fastest pace on record to above 6%, or levels last seen just before the housing bubble burst…

…. sending the average mortgage payment on a median mortgage up by almost $800 in just the past 6 months…

making housing the most unaffordable in history…

… sending new home sales plunging at the fastest pace since the peak of the covid crisis after the longest negative streak since 2010…

… and homebuyer sentiment imploding to the lowest level in generations…

Which brings us to the latest housing market summaries from real-estate brokerage RedFin, which are not pretty.

The first shows that after the period of unprecedented gains for home prices and a uniformlly sellers market, has flipped, and according to Redfin, the highest share of sellers on record dropped their list price during the four weeks ending June 12 as mortgage rates shot up to levels not seen since 2008, collapsing the pool of potential home shoppers.

In the Austin, Texas, and Nashville, Tennessee, metro areas, the share of new-construction offerings with price cuts has quadrupled from a year earlier, according to Redfin. They tripled in Phoenix and doubled in the Tampa, Florida, region.

“We are in a different place — the builder can no longer name a price and say, ‘pay it or move along,” said Nicole Freer, a Houston agent who has slashed prices by $2,000 to $20,000 on homes she lists for builders. “They’re telling us: ‘Our managers have allowed us to negotiate again.’”…”

Deflationary Tsunami On Deck: A “Tidal Wave” Of Discounts And Crashing Prices

TYLER DURDEN:

“…Three weeks ago, we showed readers what happens when the infamous “Bullwhip effect” reversal takes place by presenting the unprecedented surge in the “Inventory to Sales” ratio for a broad range of US retailers covering the furniture, home furnishings and appliances, building materials and garden equipment, and a category known as “other general merchandise,” which includes Walmart and Target. Since then, this ratio has only gotten even more extended, and as shown below it is now at the highest level since the bursting of the dot com bubble!

What does this mean for retailers and the price of goods? Three weeks ago we said “Think: widespread inventory liquidations” and added…

To be sure, not every product will see its price cut: commodities, whose bullwhip effect take much longer to manifest itself, usually lasting several years in either direction, are only just starting to see their price cycle higher. However, other products – like those carried by the Walmarts and Targets of the world – are about to see a deflationary plunge the likes of which we have not seen since the global financial crisis as retailers commence a voluntary destocking wave the likes of which have not been seen in over a decade.

Today both Wall Street and the mainstream media have caught up, with both predicting unprecedented deflationary price cuts in the coming weeks.

We start with Morgan Stanley’s bearish strategist Michael Wilson, who in his latest bearish weekly note (available to pro subs) focused on shrinking margins in general, and on retailer discounting in particular, and wrote that while there is a modest pick up in over sales, the far more concerning issue is that “inventory across the sector is up about 30% YOY and sales growth is up about 0% YOY translating to approximately 30% YOY of excess inventory” and while mark down/margin pressure did not hit in 1Q it should hit June/July. Indeed, “store checks show that aggressive discounting has already started as of the Memorial Day holiday weekend. Discounting pressure could accelerate through July.”  And since more retailers are now discounting, “companies are having to offer even bigger discounts to compel consumers to buy, and it is a race to the bottom in margins in order to clear through inventory.”

It gets much worse, however, because courtesy of the delayed nature of the bullwhip effect, Morgan Stanley thinks it will be some time before retailers can cut back on forward inventory orders! Companies are no longer in a position to order 6 months in advance because of delays in the supply chain, and are currently working with about an 8 month lead time. Shockingly, this means decisions today to cut forward orders could begin to eliminate the inventory problem in 1Q23, but not likely before then.

As a result, Wilson concludes, “we are likely to see a tidal wave of discounts that carry us through December because 2022 inventory orders have already been placed.”

It’s not just Wall Street finally catching up, however: overnight the WSJ also writes that “Big discounts are coming” as “stores have too much stuff.”

Echoing everything we have written in the past two months, the Journal alerts its readers that Target, Walmart and Macy’s announced recently that they are starting to receive large shipments of outdoor furniture, loungewear and electronics (and if Morgan Stanley is correct and lead times are indeed 8 months they will keep receiving these into 2023!) everyone wanted, but couldn’t find, during the pandemic.

The problem for retailers is a windfall for those in the market for sweatpants or couches or pretty much anything else, as prices are expected to start dropping around July 4, analysts say when the deflationary retail tsunami is unleashed in full force.

“There are going to be discounts like you’ve never seen before,” says Mickey Chadha, a Moody’s Investors Service analyst who tracks the retail industry…”

Male blood donor, 66, turned away from clinic after he refused to answer a question on whether he was pregnant as part of a pre-donation questionnaire

• • A male blood donor was turned away after refusing to say if he was pregnant
  • Over nearly 50 years, Leslie Sinclair has given a formidable 125 pints of blood
  • After complaining he said staff told him they couldn’t accept his blood donation

Biden Adviser Dismisses Recession Fears: People ‘Not Realizing’ How Successful Our Policies Were

“…Senior Adviser to President Joe Biden Gene Sperling responded to a survey showing that a majority of CEOs expect a recession in the next 18 months by stating that “we think that too many people are not looking at the more reassuring elements of resilience in this economy right now and they’re not realizing that the American Rescue Plan put a historic number of people back to work.”…”

The Biden Administration is misunderstood by an ungrateful public.

😂 Had to pic.twitter.com/XL8wH3qC7e

— NautPoso 🇮🇪☘️ (@NautPoso) June 18, 2022

My friend just filmed Joe Biden @POTUS falling off his bike no joke. Just happened at Rehoboth Beach 😂 #JoeBiden #BidenIsAFailure #RehobothBeach #Trump #EpicFail #Biden pic.twitter.com/cVMycEwuI0

— jonboy (@jonboy79788314) June 18, 2022

U.S. President Joe Biden falls to the ground after riding up to members of the public during a bike ride in Rehoboth Beach, Delaware, U.S., June 18, 2022. REUTERS/Elizabeth Frantz @reuterspictures pic.twitter.com/WPFkhp9Zat

— Elizabeth Frantz (@lizfrantz) June 18, 2022

Related:

President Joe Biden trips climbing the stairs to Air Force 1 pic.twitter.com/x8UD7q0a48

— The Hill (@thehill) March 19, 2021

POOF, GONE: Bitcoin Falls From $60k To Less Than $20k

He’s Running: Latest Move From McConaughey Sparks Speculation

Abortion Terror Group Releases Chilling Audio: ‘Open Season’ On ProLifers

Kamala Suggests Supporting Abortion Is Biblical, In-Line With Christianity

COLBERT’S CAPITOL INSURRECTION

CAPITOL POLICE ARREST COMEDIAN’S STAFFERS FOR ‘UNLAWFUL ENTRY’

Related:

Tucker: Lock Them Up In Solitary Like They Did J6 Defendants

Stephen Colbert's producers just committed insurrection at the U.S. Capitol. pic.twitter.com/8lHkIcCYld

— Tucker Carlson (@TuckerCarlson) June 18, 2022

Related. The pencil-neck geek is involved:

Report: J6 Committee Member Adam Schiff let Them In

Assault on our Democracy!!!

Gay Hawaii teacher busted for sex with 13 year-old male student

Screenshots expose ‘gay grooming teacher’ Alden Bunag who shared pedophile rape video online

https://twitter.com/libsoftiktok/status/1537928261467983872

Related:

House GOP to AG Garland: Investigate Attacks on Pregnancy Centers as Domestic Terrorism

White House plan to send gas rebates complicated by chip shortages

“…Biden officials are taking a second look at whether the federal government could send rebate cards out to millions of American drivers to help them pay at gas stations — an idea they examined months ago before ruling it out. Aides had found that shortages in the U.S. chip industry would make it hard to produce enough rebate cards, two people familiar with the matter said…”