Category Cognitive impaired, Joe Biden

Oct 14 2022

September Consumer Price Index Shows Inflation Continuing to Rise More Than Expected, Fed Raising Rates Having No Impact Because it is NOT Demand Side Inflation


Posted originally on the conservative tree house on October 13, 2022 | Sundance

The Bureau of Labor and Statistics released the September Consumer Price Index (CPI) today [DATA HERE].  The financial and business media call the continued rise of consumer inflation “unexpected,” however, the results are not a surprise to those who are not pretending.

This CNBC headline highlights the economic pretense still entrenched: “Inflation increased 0.4% in September, more than expected despite rate hikes.”  Those who are not pretending fully understand the economic dynamic, but you will not find reality expressed by the mainstream media.

FED rate hikes can only impact the demand side of the inflation issue. U.S (and global) inflation is NOT the result of excess demand. It has not been driven by demand for over a year.  The root cause of inflation is on the supply side. That root is grounded in the energy policy making everything entering the marketplace more expensive.

The historic rise in energy prices; the result of Joe Biden’s specific energy policy to limit oil, gas and coal as energy resources; are what have driven inflation throughout the economy.  The monetary policy (Fed policy) continues to pretend this dynamic does not exist.  The FED is trying to support the political policy, but the bloom is off the ruse.

Overall inflation increased 0.4% in September, leading to a result of 8.2% year over year.  Food and energy prices continue driving inflation, additionally core inflation (everything except food and energy) continues to be driven by the originating issue of extreme energy costs.

Everything costs more because energy costs more.  That is the reality of this inflation issue.

[Modified Table-1, removing the noise]

(CNBC) […] “The Federal Reserve has made it very clear they’re committed to price stability, they’re committed to reducing the inflationary pressures,” said Michelle Meyer, chief U.S. economist at the Mastercard Economics Institute. “The more inflation comes in above expectations, the more they’re going to have to prove that commitment, which means higher interest rates and cooling in the underlying economy.”

Another large jump in food prices boosted the headline number. The food index rose 0.8% for the month, the same as August, and was up 11.2% from a year ago.

That increase helped offset a 2.1% decline in energy prices that included a 4.9% drop in gasoline. Energy prices have moved higher in October, with the price of regular gasoline at the pump nearly 20 cents higher than a month ago, according to AAA.

Closely watched shelter costs, which make up about one-third of CPI, rose 0.7% and are up 6.6% from a year ago. Transportation services also showed a big bump, increasing 1.9% on the month and 14.6% on an annual basis. Medical care services costs rose 1% in September.

The rising costs meant more bad news for workers, whose average hourly earnings declined 0.1% for the month on an inflation-adjusted basis and are off 3% from a year ago, according to a separate BLS release.  Inflation is rising despite aggressive Federal Reserve efforts to get price increases under control. (more)

I feel like we are living in a parallel universe, where this grand game of pretense continues.

Every financial pundit knows the root cause of inflation is Joe Biden’s energy policy, yet they maintain the lies in order to protect the regime.

Raising interest rates in a supply side inflation economy only does one thing, it makes the economy contract faster.  The only reason to intentionally shrink the economy is to try and reduce the demand for energy resources as part of the “transition to a green economy.”  Together, the Biden administration and Federal Reserve are trying to lower economic output to meet a lowered amount of energy being produced.  That is the reality of our situation.

They are destroying the working and middle class in order to chase their climate change agenda.  These people must be removed from power.

Oct 14 2022

Real Average Hourly Wages Continue to Decline as Inflation Destroys Economy and Now Hours Worked is Contracting


Posted originally on the conservative tree house on October 13, 2022 | Sundance

The Bureau of Labor and Statistics (BLS) released the September wage report [DATA HERE] delivering worse economic news for workers.

Real wages are dropping at a historic rate as inflation continues to rise and as a result wages buy less.

[BLS] “Real average hourly earnings decreased 3.0 percent, seasonally adjusted, from September 2021 to September 2022. The change in real average hourly earnings combined with a decrease of 0.9 percent in the average workweek resulted in a 3.8-percent decrease in real average weekly earnings over this period.” (link)

REAL WAGE CHART:

As the Biden economic/energy policy and Federal Reserve monetary policy merge together, the economy shrinks.  As the economy shrinks, fewer goods and services are purchased.  As less consumer goods are purchased, employment hours drop.  As employment hours drop, wages decline.

Declining wages combined with increased inflation forms the perfect storm against middle-class and working-class families.  This dynamic means lowered income and higher prices for essential goods and services like food, fuel, energy and housing.  It’s not difficult to see why this is happening.

The declining wage rates, and the more substantive drop in real wage rates due to massive inflation, are specifically hitting the lower tier of the working class harder.  Yet despite this, Biden is intent on importing even more economic migrants to put even more downward pressure on wages for the working class.

These are very real outcomes of policy.  Working class Blacks and Latinos will feel this even more, yet this is the special interest group that Democrats claim to support.  The reality is exactly opposite from the narrative sold by the Biden administration.

The Democrats know this. These outcomes are not accidental; they are a feature not a flaw in their policy.  This is why they need to keep spending to retain the ruse.

There’s no way around this.  Despite the pundit and financial class selling a counter-narrative, home prices will crash, and unemployment will go up.  I know this is directly against the current talking points, but the statistical reality is clear.

CTH was the first place who said a year ago that home sales will plummet, that is starting to happen right now.  There’s no way for it not to happen, the big picture tells us why.

Oct 13 2022

Macron Reminds Biden to Think Before Speaking


Armstrong Economics Blog/Politics Re-Posted Oct 13, 2022 by Martin Armstrong

Sticks and stones may break my bones, but words can never hurt me – unless you are a world leader! French President Emmanuel Macron has been warning US President Joe Biden to THINK before speaking. At best, Biden causes confusion when he derails from the teleprompter. At worst, he drags the world into a massive conflict that can never be undone.

Macron warned Biden back in March of the dangers of using “personal insults” and inflammatory language as it would only heighten tensions between the West and Russia.“For God’s sake, [Putin] cannot remain in power,” Biden recklessly said. This caused an uproar globally. Russia was offended that the US was not respecting their election process. He called Putin a war criminal as well, eliminating any prospect of a diplomatic discussion between the two. The White House was forced to backtrack to clarify that the US had no intention of removing the Russian leader. Macron responded to the matter by saying, before Biden’s “gaffe,” that his aim was “achieving first a ceasefire and then the total withdrawal of [Russian] troops by diplomatic means.”

Clearly all diplomatic measures have since been a lost cause. Biden’s blatantly reckless speeches have only caused increasing tensions. The US president said that the world was closer than ever to a “nuclear Armageddon” and began fanning the fears of a world war fought with weapons of mass destruction. Macron and other world leaders were disgusted. “We must speak with prudence when commenting on such matters,” Macron told reporters. “I have always refused to engage in political fiction, and especially … when speaking of nuclear weapons,” he added. “On this issue, we must be very careful.”

Everyone is kindly asking the US Embarrassment-in-Chief to shut his mouth. He has done enough

Oct 11 2022

Why I’m leaving the Democratic Party.


The Tulsi Gabbard Show Published originally on Rumble on October 11, 2022

I can no longer remain in today’s Democratic Party that is now under the complete control of an elitist cabal of warmongers driven by cowardly wokeness, who divide us by racializing every issue and stoke anti-white racism, actively work to undermine our God-given freedoms enshrined in our Constitution, are hostile to people of faith and spirituality, demonize the police and protect criminals at the expense of law-abiding Americans, believe in open borders, weaponize the national security state to go after political opponents, and above all, are dragging us ever closer to nuclear war.

I believe in a government that is of the people, by the people, and for the people. Unfortunately, today’s Democratic Party does not. Instead, it stands for a government of, by, and for the powerful elite.

I’m calling on my fellow common sense independent minded Democrats to join me in leaving the Democratic Party. If you can no longer stomach the direction that so-called woke Democratic Party ideologues are taking our country, I invite you to join me.

Click the link to listen to my full statement on why I’m leaving the Democratic Party:
https://podcasts.apple.com/us/podcast/this-is-tulsi-gabbard/id1549623127?i=1000582273025

Oct 11 2022

The Madman of Ukraine in High Heels


Armstrong Economics Blog/Ukraine Re-Posted Oct 10, 2022 by Martin Armstrong

COMMENT: Hi Martin
It is obvious that Zelensky does not have a brain and is being controlled by outside forces. Is it Schwab or is he just a front also? You probably know more than what is going on than anyone else including intelligence.
Thank you
All the best
MW

REPLY: I cannot say everything without compromising some sources. These people have played a dangerous game. Putin never intended to wage war on Ukraine. He was there to do what he said, protect the Russian population in the Donbas and Crimea, which have NEVER been occupied by Ukrainians. Zelensky should go back to dancing in high heels and leave the real world to serious people.

This launching of 83 missiles is the biggest attack on Kyiv since the war began. That in itself proves he was never trying to conquer Ukraine. This propaganda is all strategically being put out to create war. Europe needs this because it can no longer fund itself on the same basis of endless borrowing with no intention of ever repaying the debt. The failure to have consolidated the debt from the outset is tearing Europe apart. These people think (1) they can defeat Russia and chalk one up for climate change since 50% of Russia’s GDP is energy, and (2) a war will allow them all to default and create another Bretton Woods while reducing the population. These are real objectives.

Putin never struck Kyiv because that was the home of the Russ, where the Russians began. Only the destruction of Kyiv in 1240AD by the Mongold resulted in them settling in Moscow. Kyiv to Putin was more or less like London has been to the United States. This attack on Kyiv is what I have been warning about. Putin has been criticized by the hardliners for being too soft on Ukraine. They are not as nostalgic about Kyiv as Putin has been.

The West is pushing Russia and they will get what they want – war. This is just insane. The Ukrainian people need to overthrow Zelensky – NOW! He is not putting their best interests first. It has been confirmed he has already stashed more than $100 million offset and he will fly away on a private jet leaving the death and destruction behind. Maybe then he will change his shirt.

In the meantime, Russia can take down the power grid of Europe with a handful of missiles. Without alternatives, Europe’s current energy shortfall will worsen this winter. If Russia attacks the satellites, without GPS, most people will be lost today. Things can get really messed up without nuclear war.

Oct 11 2022

Connecting Things – Konnech Election Compromise, CCP Infiltration, CEO Arrest, True The Vote and Recent Deep State Misinformation Efforts


Posted originally on the conservative tree house on October 10, 2022 | Sundance 

Major Hat Tips to Rasmussen [link], Kanekoa News [link] and Catherine Englebrecht of True the Vote [link].

CTH often says don’t get so close to any granules that you miss the big picture.  Rasmussen Reports has drawn attention to that big picture, the timeline tells the story, and with recent announcements about ‘misinformation’ and ‘disinformation’ triggers, it is worth putting the details of the entire dynamic into context.  I would consider all these issues easily connected.

First, it is important to note how the public impression is constructed using the affiliations and relationships CTH continually points out.  When the FBI/DOJ need to get out in front of an issue they use the New York Times (and Politico) to establish the defensive and offensive narrative.   [The State Dept use CNN, and the CIA use the Washington post] These are constants in an ever-changing world of information warfare.

♦On October 3rd New York Times journalist Stuart Thompson writes a hit piece against Catherine Englebrecht and True The Vote, written to cast their election review efforts as conspiracy theories. [link]

♦24 hours later, October 4th, the CEO of  Konnech – a company specializing in proprietary PollChief software to manage election workers – was arrested. [link] Konnech Corporation Chief Executive Officer Eugene Yu was arrested for exploiting access to U.S. election data, including election worker information, and transferring the files to China.

I guarantee journalist Stuart Thompson was used as a tool by FBI officials who knew the arrest was forthcoming.  Essentially, the arrest of Eugene Yu was based on the exact claims of Chinese datamining that Catherine Englebrecht and Gregg Phillips had been outlining since late 2020.  [link] The FBI was/is working to diffuse the truth of U.S. election compromises that True the Vote has been outlining.

After the arrest of Eugene Yu (October 6th) the New York Times had to try and hide their useful work and affiliation on behalf of the political FBI by posting this update.  The transparency of the coordinated effort is brutally obvious:

Editors’ Note, Oct. 6: After this article was published, the chief executive of Konnech, Eugene Yu, was arrested in connection with an investigation into the possible theft of personal information about poll workers. In communications with The Times for this article, neither Mr. Yu nor a spokesman for Konnech said that the company was the subject of an investigation. They also asserted that all the company’s data was stored on servers in the United States; prosecutors in Los Angeles, who brought the charges against Mr. Yu, said that they had found some company data stored on servers in China. The Times is continuing to report on this story. (link)

A familiar pattern: (1) Write a requested ‘conspiracy theory’ hit piece.  (2) Immediately watch the reality of the next event confirm the ‘conspiracy theory’.  (3) Attempt to recover credibility after the disinfecting sunlight exposes the motive of the effort.  This is what ideological narrative engineers do in their relationships with the corrupt system operators within government.

The FBI takes the information provided by True The Vote, assembles the evidence that supports the claims by the voting integrity watchdog, then takes the information up to the DC FBI leadership and almost immediately the switch is triggered.  True The Vote now becomes the target of the political FBI.  We have watched this outline numerous times, only this example is brutally obvious.

So, we have Chinese Communist Party (CCP) infiltration -via software exploitation- into U.S. election systems and databases.   That’s the bottom line.

Additionally, the FBI is covering up the issue and trying to deflect from the severity of the problem (perhaps to them it is not a problem) by hiding the truth.  Once again, the FBI is weaponized against what they consider “domestic threats,” honest Americans.  Yeah, we have a major institutional problem, and the corruption is metastatic.

It is then appropriate to add another ‘big picture’ layer to the issue….

…Nothing has been done to correct the election integrity issue.  With the U.S. midterm elections taking place only a month after this explosive development unfolds, there is nothing visible to reflect any emergency action has been taken to mitigate the compromise.  Which takes us to the latest issue.

Big Tech, Social Media and even electronic payment processors (PayPal) start beating the drums about using their vast power to target anyone who they would identify as pushing ‘misinformation‘ and/or ‘disinformation‘ about the 2020 election itself.

Now, this latest round of service term updates (2022) should be contextualized against the November 2020 service term updates which included targeting for any individual, site or content that questioned U.S. election integrity.

Put it together, stand back and you can make a solid argument the private sector institutions that are in alignment with corrupt government efforts are proactively positioning to shut down anyone who will research and outline the flawed and/or manipulated outcomes in the 2022 midterm elections.   We have the 2020 background -and major social media purge- as context.

I’m not sure what the solution is, but everyone needs to be on high alert at a precinct level in this election.

Oct 9 2022

HUGE: The Feds Now Have Enough Information To Charge Hunter


Dinesh D’Souza Published originally on Rumble on October 7, 2022 

This could be big if the Fed’s are honest

Oct 6 2022

Herschel Walker Breaks His Silence


Brian Kilmeade Published originally on Rumble on October 5, 2022 

Herschel Walker has been the talk of the news cycle. Now he’s breaking his silence, and he presents evidence for why he’s innocent. Here’s what he has to say in his own words!