reason not just mortgages but everything else from carlos to credit card debt are all set to get much more expensive now that the fed decided to raise interest rates by three quarters of a point. here s a good question to ask on a topic supposed to be run by the people why is there such massive consequences for the daily life of every american? but the board of governors of the federal reserve led by the chairman jerome powell? there is a theory behind it. and constitutional theory of governance that actually determines much of what happens in this country even though we never talk about it or debated. despite what it says in the constitution despite what we like to say we the people must not be in charge. we the people are too stupid or lazy or distracted to be trusted with power or even to exercise through those we vote for in the election. instead we need experts who are independent that are not stupid or lazy or distracted that wise, diligent, indispensable. i m here to t
reason not just mortgages but everything else from carlos to credit card debt are all set to get much more expensive now that the fed decided to raise interest rates by three quarters of a point. here s a good question to ask on a topic supposed to be run by the people why is there such massive consequences for the daily life of every american? but the board of governors of the federal reserve led by the chairman jerome powell? there is a theory behind it. and constitutional theory of governance that actually determines much of what happens in this country even though we never talk about it or debated. despite what it says in the constitution despite what we like to say we the people must not be in charge. we the people are too stupid or lazy or distracted to be trusted with power or even to exercise through those we vote for in the election. instead we need experts who are independent that are not stupid or lazy or distracted that wise, diligent, indispensable. i m here to t
the way here. we will be joined in a moment. john: but first, a fox news alert, a furious china and military on high alert. house speaker pelosi s trip to taiwan is now over, as the world awaits the fallout promised by the chinese government. good wednesday to you. gillian: pelosi met with taiwan s president and other senior leaders during her 20-hour stay in taipei. reaffirming the commitment to taiwan s democracy and supporting the island militarily. critics say it does more harm than good in an already unstable region. john: communist regime planning a series of live fire exercises tomorrow. ten miles off the coast of taiwan. tennessee republican senator bill haggerty has expertise as a former ambassador to japan. gillian: aishah hasnie joins us this afternoon. how is the white house responding to china s plans? hey there, good afternoon to you, gillian and john. the white house is really trying to get china to not increase tensions any more, to not escalate the
surrounding president biden s 2024 prospects, after brutal reports, that members of his own party see him as an anchor that should be cut loose. the times interviewing more than 50 democratic officials. a current dnc member saying, quote, biden should announce his intent not to seek re-election in 24, right after the midterms. oh, that s my prediction date, isn t it? it is. president biden getting no mercy from younger members of his party. listen to this about a second term. he s saying he s going to run again in 2024. will you support him? if the president has a vision, that s something we re willing to entertain and examine when the time comes. that s not a yes. yeah. you know, i think we should endorse when we get to it. democrats set on dumping president biden can point to a laundry list of reasons. national gas prices have sky rocked to over $5 a gallon, inflation on everything from shelter to medical care. some feels it s too late to change things aro
Workers killed when a Convoy Carrying Staff from the charity was hit on monday. Three british men john chapman, James Henderson and james kirby were among them. Israel said the strike was unintended and vowed to investigate. Thereve been calls for britain to stop selling arms to israel following the deaths. Prime minister, rishi sunak, said he was appalled by the israeli attack, while the foreign secretary, david cameron, said israel had to make changes to ensure safety of aid workers. Our first report this hour is from our correspondent graham satchell. The pictures tell their own devastating story. The team from the Charity World central kitchen was travelling in a convoy of three cars you can clearly see their logo. Each car was hit in what looks like a precision targeted attack. The charity has now paid tribute to the seven workers who lost their lives including three british nationals. 57 year old john chapman who is believed to have served in the Royal Marines was working for the