Even Democrats can’t stay awake as Nancy Pelosi drones on and on.
As the House Minority Leader launched a House filibuster of sorts today, Rep. Doris Matsui had trouble staying awake.
Pelosi spoke on and on in defense of illegal aliens on the House floor, frequently stumbling over her words and the names of so-called “Dreamers.”
The longer she went, the heavier Matsui’s eyelids got, and the lower her head sank.
Pelosi profiled illegals who Democrats want to make citizens. Matsui perked up for a bit and listened to Pelosi, before returning to her slumber.
Consumer prices jump much more than forecast, sparking inflation fears in some
U.S. consumer prices rose considerably more than expected in January, fueling fears that inflation is about to turn dangerously higher.
The Consumer Price Index rose 0.5 percent last month against projections of a 0.3 percent increase, the Labor Department reported Wednesday. Excluding volatile food and energy prices, the index was up 0.3 percent against estimates of 0.2 percent.
The report indicated that price pressures were “broad-based,” with rises in gasoline, shelter, clothing, medical care and food.
Markets reacted sharply to the news. The Dow opened more than 100 points lower, but reversed those losses after the first half-hour of trading. Government bond yields also turned higher, with the benchmark 10-year note most recently trading near 2.88 percent, a gain of about 3.8 basis points.
Investors also began to price in the likelihood that the Federal Reserve will raise interest rates at least three times this year.