The Consumer Price Index was up 0.5% month-over-month in May, for an annual rate of 4.2%, highest in three years and up from 3.8% in April, the Labor Department reports. Month-over-month energy prices were up 3.9% in May, 3.8% in April and 10.9% in March, when the war on Iran pushed up prices at the pump. The CPI less food and energy rose 0.2% in May. Shelter was up 0.3%. [Bureau of Labor Statistics]
At the Pump – National average for a gallon of regular unleaded slipped again Wednesday to $4.151 per gallon, down nearly 20 cents in a week according to the AAA and 1.3 cents lower than Monday’s average. A gallon of unleaded regular still will cost you $1.178 more than on February 28. Diesel was down 1.5 cents from Monday to $5.303, or up $1.506 from the beginning of the war.
•••
It’s Not Over – That peace deal Iran has been on the brink of signing with the US is unlikely soon, as President Trump Truth Socials his anger over the shooting down of a US Army Apache attack helicopter near the Strait of Hormuz.
“They’ve taken too long to negotiate a deal that would have been great for them. Now they have to pay the price!!!” Trump TS’d Wednesday morning, hours after the US Military said it hit targets in Iran in a “proportional response” to the attack on the Apache, The New York Times reports.
Iran has not accepted blame for the Apache’s downing, in which its two crew members were saved, unscathed, by a drone boat.
•••
Platner to Take on Collins – Big news was Maine Democrats choosing Graham Platner, even though his one serious competitor, Gov. Janet Mills, backed out of the race earlier this year because she had a hard time raising sufficient funds, according to The New York Times. Despite the lack of competition, Platner took just 72% of the vote according to The Associated Press, with Mills, who has not yet congratulated the former oyster farmer, grabbing 20%.
Platner faces incumbent Republican Sen. Susan Collins, who occasionally casts an anti-Trump vote though it appears only when Senate passage of Trump’s agenda is guaranteed anyway. In his victory speech Tuesday, Platner said Collins has voted in Trump’s favor 95% of the time. An upset of Collins’ campaign for a sixth Senate term (she’s also chair of its Appropriations Committee) is considered crucial to the Democratic Party overturning its majority.
Writing in The Bulwark May 5, Jonathan V. Last called Platner “the post-Trump figure” and said he has a one-in-three chance of nabbing the 2028 Democratic nomination for president.
This was before the latest revelations that several of Platner’s girlfriends said he has a “toxic” personality.
Perhaps this latest in a series of revelations is Platner’s Access Hollywood tape moment, of sorts. Maine’s Democratic Senate candidate also has faced reports that he had a Nazi-esque skull & crossbones tattoo, since covered by a benign tattoo, and allegations that he sent sexually explicit text messages while married.
A Marine Corps veteran who served three tours in Iraq, Platner speaks of redemption and said in his victory speech he tries “to be a little bit better and a little bit kinder than the day before.” Certainly not Trump-like.
But Platner, a progressive who has had the backing of Sen. Bernie Sanders (I-VT) and Rep. Ro Khanna (D-CA) since early in his campaign, does have a two-word name for whom he is fighting for the voters of Maine, much like Trump has used the two-word term “deep state.”
Platner's "deep state" is the “ruling class.” –Compiled and edited by Todd Lassa