it reduced the court to the same level of tricks and gimmicks as the rest of politics, you might expect members of congress to leak to reporters but not the court until now, you look at court a docket, you see cases involving free speech and immigration and voting rights, what is really on the docket is the role of the court. become something of a super ledg legislative body. you need 5 votes on the supreme court, 5 is easier than 51 or 251 or 18 or 80 million in a presidential race, why try to convince 80 million of your fellow americans when you could just get 5 lawyers to agree, it s easier. whesome have decided to do what is easy rather than what is right. we have another institution damaged by politics. joining us now judiciary crisis network president keri se severino. thank you for joining us, which cases will be of most significant to the viewers? you alluded to a few. one of the big ones has to do with racial preferences and education, affirmative action, two unive
yesterday s scathing report on inflation as well. dana: that number coming in much hotter than predicted. data suggesting the president s inflation problem is here to stay. the markets reacted accordingly. bill: the dow plunged almost 1300 points, the worst day since nearly the height of the pandemic in june of 2020. the sell-off fueling predictions of an even larger federal rate increase. dana: the rate hikes designed to drive down the inflation hurting your wallet. americans are paying more for everything this year, food is up more than 11%, that s the largest increase in 43 years. bill: wages are rising but can t keep up with inflation. that s leading to a 3% pay cut across the board. dana: despite all of that, president biden chose yesterday, of all days, to celebrate the so-called inflation reduction act. democrats touted the benefits of the $430 billion bill while brushing off the bloodbath on wall street. the stock market doesn t reflect the state of the ec
li on the difference in 24 hours. susan? a new reality that inflation is higher and may stay elevated for some time. today s wholesale prices are the inflation that producers pay still much higher than a year ago. sure, coming down from the previous month. couple that with yesterday s consumer price jump and we re close to the 40-year highs and that s more than four times the way the federal reserves thinks is healthy for the economy. close to a third predicting a full 1 percentage point rate hike from the central bank. that could be the biggest central increase since 1984 when paul volcker was fed chair. before yesterday s report, that probability was at zero. elon musk weighing in. he thinks the federal reserve should cut interest rates because of the drop in lumber, cop per and oil. nobody is expecting a cut in rates until next year. stock market didn t recover much from yesterday s sell off. you have more job cuts by big technology companies. that s why some are calling
related. we ll have cuddling cows later. pete: recently we had goats on our backs and now cuddling cows. will: it s really cute. rachel: emotional support animals for fox & friends weekend. we re going all woke here. will: it is national hunting and fishing day. rachel: not slaughter day. pete: it s not slaughter day. rachel: by the way, i was out of breath doing the hula hooping. i could have done much better. i just want everyone to know i had a pack , an audio pack on my back. pete: i don t think anyone thought you did poorly. rachel: when i was a kid. i could do it nonstop. i love hula hooping and it s great exercise and so glad it s out there. you don t like hula hooping? pete: after it s down about 15 seconds, where s the added interest? will: we ll be back onset and like where s rachel? she s outside hula hooping 90 minutes later. rachel: it s fun to hula hoop. pete: it s fun to learn but once you ve mastered it, how much hooping can i do? rachel: it s like saying i
it reduced the court to the same level of tricks and gimmicks as the rest of politics, you might expect members of congress to leak to reporters but not the court until now, you look at court a docket, you see cases involving free speech and immigration and voting rights, what is really on the docket is the role of the court. become something of a super le legislative body. you need 5 votes on the supreme court, 5 is easier than 51 or 251 or 18 or 80 million in a presidential race, why try to convince 80 million of your fellow americans when you could just get 5 lawyers to agree, it s easier. whsome have decided to do what is easy rather than what is right. we have another institution damaged by politics. joining us now judiciary crisis network president keri s severino. thank you for joining us, which cases will be of most significant to the viewers? you alluded to a few. one of the big ones has to do with racial preferences and education, affirmative action, two universit