Schaftlein Report | Energy Costs Taking Huge Toll on Americans

Topics: 1) The Producer Price Index is up 10.8% in May, the 6th straight month over 10% 2) Gas is up for a 17th straight day averaging $5.02 nationwide 3) Diesel is up 80% year over year and Gasoline is up 63% - Biden policies are blamed 4) Crypto market blows up as market cap falls below $1T *Crypto banks limit redemption's - they were paying up to 18% interest - Celcius appears to be a Ponzi scheme *Federal regulation likely coming 5) Real estate prices appear to have peaked - In some areas of the country, prices have fallen 5-10% *Mortgage interest rates are around 6% 6) Federal Reserve likely to increase the Federal Funds rate by 75 basis points tomorrow 7) Biden to meet the Saudi's next month - Why not change his policies at home instead of begging the Saudi's? 8) ACA subsidies are a ticking time bomb for Democrats as huge increases are coming in October - Democrats want to extend expiring subsidies 9) Russia now controls 80% of a key Eastern city and three bridges connecting the city have been destroyed *Weapons are slow to get to the fighters - Russia may have the edge in the region 10) Chairman Bennie Thompson (D) of the Jan. 6th committee says no criminal referrals from his group *Trump releases 12-page rebuttal to the first 2 days of testimony 11) Primary day in 5 states today