COMMENT: Marty, I know you no longer want to work in Washington. Honestly, your experience is greatly needed. Everything you said that this braindead administration is pushing China and Russia together when Nixon had divided them is coming true. The WSJ has even reported that China is aiding Russia in Ukraine. With all due respect, what you have been saying is not rocket science. There is no common sense in the Biden Administration and every damn person who voted for him should be rounded up for treason.
Thank you for the straight facts.
GD
ANSWER: I understand what you are saying. There is nothing I can do in Washington. Biden has destroyed the world economy. Globalization is dead. Our sanctions have divided the world in two and Russia is immune to our sanctions.
These people in the Biden Administration have their agenda and it is to destroy the United States, our values, culture, and traditions, and remake it into a land of their vision. The Biden Administration has DELIBERATELY waged war against Russia to change our energy system and the goal has been to destroy Russia because 50% of its GDP is fossil fuels.
Even the BBC now reports that this war has accelerated the shift to clean energy, quoting a report now from British Petroleum. Even the Economist, the magazine that is incapable of walking a straight line because it slants to the left so much, is cheering Biden so you know we are screwed. They wrote:
“This is America in 2033, if the Biden administration has its way. In the past two years Congress has passed three bills, on infrastructure, semiconductor chips and greenery, that will make $2trn available to reshape the economy. “
This is why I say that Republican forms of government are the WORST possible. They are no different from a dictatorship other than we pretend to have a right to vote, but there is no representation. None of these issues were EVER submitted to the people for a vote. Biden is changing EVERYTHING about America to the point we no longer can even define what a woman is anymore according to this Administration.
Quite frankly, I can scream all I want, but there is no changing the direction of the country at the polls. Our system of government is precisely what the revolution was all about – no taxation without representation. We have no right to vote to reignite this cold war about to turn red hot because these people also think there are just too many of us running around and they have the RIGHT to create war and hopefully eliminate 50% of the population.
Unfortunately, I have to wait for Scotty to beam me up before I can escape this insanity.
“Eve of Destruction” was a protest song written by P. F. Sloan. Barry McGuire recorded the track in July 1965 about the Vietnam War. History repeats – always – because human nature never changes.
American Pie” is a song by American singer and songwriter Don McLean. Recorded and released in 1971. This was another popular song of the era.
Posted originally on the CTH on February 5, 2023 | Sundance
According to the latest ABC/WaPo polling [Full pdf Here], 41% of Americans say they are worse off financially under Joe Biden. That is the highest negative response to the question in the 37-year history of ABC polling.
Yet we are supposed to believe voters suffering under the worst financial outlooks in 40-years rewarded Joe Biden just two months ago with support for his Democrat Party and candidates? Something is just not adding up.
Posted originally on the conservative tree house on February 5, 2023 | Sundance
House Select Committee on Intelligence (HPSCI), Chairman Mike Turner (R-OH) appears on Meet the Press to discuss his perspective on the motive of China to send a massive surveillance balloon over key U.S. military facilities.
According to Chairman Turner, it appears (a) the balloon was designed to capture some intelligence that satellites cannot; and (b) the flight path of the surveillance balloon was steered to cover areas housing key the strategic military bases and missile defenses. WATCH (Transcript Below):
CHUCK TODD: Joining me now is the Republican Chair of the House Intel Committee, Mike Turner of Ohio. Chairman Turner, welcome back to Meet the Press.
REP. MIKE TURNER: Good morning, Chuck.
CHUCK TODD: All right. Let me start with what you know here. So the decision to take this down – what more have you learned? And you’re part of the so-called Gang of Eight. I don’t think you guys have gotten a personal briefing, but I know staff has. What more can you tell us about the take-down operation?
REP. MIKE TURNER: Yeah. Well, clearly the president taking it down over the Atlantic is sort of like the quarterback—sort of like tackling the quarterback after the game is over. The satellite had completed its mission. This should never have been allowed to enter the United States, and it never should’ve been allowed to complete its mission. If you ask somebody to draw an X at every place where our sensitive missile defense sites, our nuclear weapons infrastructure, our nuclear weapon sites are, you would put them all along this path. Clearly, this was an attempt by China to gather information, to defeat our command and control of our sensitive missile defense and nuclear weapon sites. And that certainly is an urgency that this administration does not recognize.
CHUCK TODD: Do you think we should have a policy that just anything that enters our airspace that’s a balloon from China gets shot down immediately?
REP. MIKE TURNER: Well, first off, you have to understand this administration didn’t just fail here; they failed to prepare after the first time this happened during this administration. The administration has already admitted, which I’ve been briefed on, that China has done this before in the continental United States during this president’s tenure –
CHUCK TODD: When did that happen?
REP. MIKE TURNER: I – you have to let them release it; I can’t release classified information, but they can tell you.
CHUCK TODD: Were you also briefed on – there was apparently two or three incidents in the previous administration as well.
REP. MIKE TURNER: Well, that’s what they’re saying now. But I think that the administration needs to come forward, because this is not an ability to say that this is a crisis that was handed to them. This is a crisis that has developed as a result of this president during his administration allowing China to do a similar act before, not responding and then clearly in this one, not seeing the urgency of what was unfolding. I mean, the president allowed this to go across our most sensitive sites, and wasn’t even going to tell the American public. If you hadn’t broken this story, the American public would not have even known. There was no attempt to notify Congress, no attempt to put together the Gang of Eight. I think this administration lacks urgency.
CHUCK TODD: Do you – the Pentagon says that they were able to use some countermeasures that blocked or limited the ability of China to extract information from this balloon. Do you buy that?
REP. MIKE TURNER: No. And certainly you don’t either. Here’s the thing that’s interesting. The administration says there was nothing for them to gain here. This was quite a risk by China, quite a calculation that they would take a balloon, put it up in China, take it across the United States where it’s clearly going to be discoverable by us. They clearly had some information that they were trying to garner, that they can’t garner from space, so they did not have otherwise.
CHUCK TODD: What could that be? Have you – I mean what – you’re pretty familiar with this. What is it that they think they could have gotten from a balloon? Or what can be done with a balloon that can’t be done with a satellite?
REP. MIKE TURNER: Well, the key obviously is not just the balloon. The key is the payload that was attached to it, which you’ve reported is, you know, the size of three buses. That’s obviously huge. And it was being commanded and controlled by mainland China, and delivering data and information back to mainland China. Again, if you look at the path, and you put X’s where all of our sensitive missile defense and nuclear weapons facilities are, I believe that they were trying to gain information on how to defeat the command and control of our nuclear weapon systems and our missile defense systems. That’s a crisis. That certainly should’ve had an urgency to the president, and not just wait until this gets to the Atlantic to take it down.
CHUCK TODD: Do you at all accept – I mean, it sounds like he did put the order in on Wednesday to shoot it down, and then it’s the military that said, “Hey, it’s not safe yet.” Do you accept that?
REP. MIKE TURNER: Yeah, no. There’s no excuses here. When this first occurred last time during this administration — remember, this is the third year of this administration — they should have been preparing for this. They knew what this was. They know what the balloon is, what its capabilities, maneuverability is, from having observed previous actions by China. They should have been prepared. They seemed not only to be unprepared, but to even be waiting. You know, where is the balloon going to go? What are they trying to do? That’s not how you look at the actions of an adversary. China is a self-declared adversary. They are clearly expanding their military capabilities. They are tripling their nuclear weapons capabilities. They’re fielding hypersonic weapons, they’re expanding in space. In this instance, this president should’ve taken this as an urgency, and so should’ve our military. This should have been taken down before it entered the U.S. airspace, when it was over Alaska.
CHUCK TODD: This, there’s some sort of surveillance technology with this balloon. There’s been some speculation that it might have the capability of launching its own drone – sort of miniature drones to do extra surveillance. Do you know anything about that, or has there been any reports to confirm any of that?
REP. MIKE TURNER: No. I have not been briefed on that. But I can tell you — and we’re supposed to be briefed this week as to what we know. But I think what we can believe is that this administration says, “We don’t really know.” And if we don’t really know, how they keep telling the American public this is not a threat, that there was no need to act is just extraordinary to me. This administration does not understand the urgency of taking action to protect our national security –
CHUCK TODD: What do you believe the actual threat is right now? What is it that they’re trying to do? I mean, you see this as just a simple military exercise by the Chinese.
REP. MIKE TURNER: Absolutely. I mean, they didn’t go and look at the Grand Canyon; they went and looked at our nuclear weapon sites and the missile defense sites throughout the country. And whatever was in this humongous payload — I mean, there wasn’t a camera on this thing. I mean, I’m certain there were cameras, but at the same time, this was huge. The expanse that was there, and what they were trying to accomplish obviously was important enough to China to take the risk of something that was overt. This was not covert, this wasn’t secret. They did it in such a grand scale. They knew that the United States would know, and they did it anyway.
CHUCK TODD: So was it the right call for Secretary Blinken to postpone his trip?
REP. MIKE TURNER: Sure. But if you noticed – and I have a great deal of regard for Secretary Blinken – but if you notice, he didn’t cancel it until it was already public, and there was public scrutiny of the fact that he was going.
CHUCK TODD: Well, there’s some that argue that it shouldn’t have been canceled, that this should be immediately they – we should be immediately confronting them. What do you make of that idea?
REP. MIKE TURNER: What should’ve happened is the first time this happened during this administration, there should have been outrage. They should have addressed this with China. They should have prepared for when this balloon was coming. They should have understood that there was a great deal of risk at our national security. And they should have been prepared the moment this balloon was launched, because they knew what this was like, they knew what it was capable of, and they should have responded.
CHUCK TODD: So what now should be the American response here? What would you like to see going forward in our, in response to this incursion?
REP. MIKE TURNER: Well I – first off, the president needs to shift and understand that he has urgent national security matters. You can’t just act like nothing matters if it matters to our adversaries. If our adversaries think this is important, we need to thwart it and we need to respond. With respect to this balloon, obviously, you know, the administration’s indicated they’re going to try to collect whatever is left of having this strewn across the ocean to see what we can learn there. We’re going to find what signals intelligence that the administration might have been able to capture, and from that, understand what this was doing. But they need to make clear to all our adversaries, “You’re not going to get to come to the United States and take a tour of our most sensitive military sites and have a free shot.”
CHUCK TODD: How aggressive should we be about these balloons that are in the Western Hemisphere, not over our airspace, but we know there’s reports that there’s one of these balloons in Latin America right now?
REP. MIKE TURNER: Right. Well, I think all of these – if the administration had, when they became aware that China was deploying this capability, if they had been aggressive to determine how to capture them, how to exploit the technology, how to thwart the technology, we would be in a different place today. And I think, you know, the same is true for the other balloons that you’re seeing.
CHUCK TODD: All right, I’m going to – we’re running out of time – but before I let you go, you and others in the Gang of Eight have asked for a briefing on all of the classified documents that have been discovered from President Trump, President Biden, and Vice President Pence. Where are we on that?
REP. MIKE TURNER: You know, what’s striking about this, Chuck, is that the Biden administration told the American public that they raided Donald Trump’s home because it was a national security risk. But what we found in the intelligence community and in the intelligence committee is that the Biden administration had not engaged at all anyone who was in national security on the issue of threats from these documents. It took Congress to step in and say, “We want a security threat.” And then they tried to deny giving the briefing to us from that threat. What’s interesting is that the moment this balloon became public, I got a notice not from the administration that I’m going to get a briefing on this balloon, but they have to rush to Congress now to talk to us about Donald Trump’s documents. You can see they want to change the news.
CHUCK TODD: So you’re going to get a briefing on Trump’s documents, but –
REP. MIKE TURNER: There’s nothing scheduled on the balloon, but they’re scheduling Donald Trump.
CHUCK TODD: Anything on Biden or Pence?
REP. MIKE TURNER: It’s included, yes.
CHUCK TODD: That will all be included. When is that, this week?
REP. MIKE TURNER: Yes, it’s supposed to be this week. We’ll see whether or not the balloon happens first. It certainly should. Again, urgency. This administration needs to understand we do have national security urgent matters.
CHUCK TODD: Mike Turner, Chair of the House Intel Committee, Republican from Ohio.
REP. MIKE TURNER:Thank you.
CHUCK TODD: Thanks for coming in, sharing your perspective with us —
Posted originally on the CTH on February 4, 2023 | Sundance
The Bureau of Labor Statistics (BLS) published a jobs report yesterday [DATA LINK] that has stunned the professional financial class. However, those who have followed the BLS data assemblies were laughing – not surprised. Eventually, if this continues, the BLS pretzel logic will start using terms like “eleventy.”
Throughout 2022, the BLS modified the underlying data they used to assemble their jobs reporting. The latest release shows that 517,000 jobs were gained in the labor market, despite every other economic indicator showing we are in an economy of contraction. The question becomes, why the disconnect?
There are two surveys that make up the BLS reporting. The Household survey is conducted by calling people and just asking if they are employed. The Payroll survey is conducted by reviewing large and medium businesses, no small businesses are included, and that plays a role in the disconnect.
Since the spring of last year, the two surveys have completely disconnected from each other. The household survey finds a net gain of 12,000 jobs in the last three quarters; the Payroll survey shows gains of 2.7 million jobs during the same time.
ZeroHedge did a good dive on the issue (SEE HERE), and their analysis reports, “[…] the number of full-time workers in March 2022 was 132.587 million. Fast forward to January 2023 when it was 132.577: that’s right: total US full-time workers declined by 10K over a period of 10 months. Meanwhile, part-time workers soared from 25.908 million to 27.400 million, an increase of 1.492 million! So at least we know where the bulk of the increase in US labor came from in the past year: virtually no full-time jobs, and all part-time.”
Additionally, Forbes dove into the data (SEE HERE) and reached a similar conclusion, the BLS data is all nonsense covered in statistical noise.
Forbes – […] “The Payroll Survey shows employment growth of nearly 2.7 million jobs between March and November. The Household Survey, over the same period, shows 12,000. Something is seriously wrong! The headline number that is broadcast in the media is the Payroll Survey, so if it is incorrect and the Household Survey is accurate, then the “hot” jobs market, which the Fed uses to justify its rate increases, is really a “cold” jobs market.
Looking at the recent past, the two surveys were in sync until March, when the Payroll Survey took off. Some of the issue could revolve around the small business birth/death assumptions. Since the Payroll Survey doesn’t sample small businesses, the Bureau of Labor Statistics (BLS) adds a number based on a time trend, and they even seasonally adjust this data. Over that March to November period, the Birth/Death model added 1.3 million jobs. This appears strange to any observer of economic trends, which tells us that business is contracting, not expanding. Even if the Birth/Death add-on is eliminated, the discrepancy is still 1.36 million jobs between the two surveys.” (read more)
Posted originally on the conservative tree house on February 2, 2023
This is a little goofy, and likely another expression of the Beijing dragon doing the propaganda dance. According to multiple media sources a high altitude “spy balloon” is drifting over U.S. airspace and the Pentagon has discussed options for shooting it down yet they didn’t.
It’s goofy because the balloon is floating well above commercial airline routes and, well, what could China capture via balloon that they are not already capturing via satellite surveillance. It’s just odd. {Direct Rumble Link}
I can understand not shooting it down – after all, that approach would likely then involve bits of the thing falling to the ground, which then would pose both a hazard and a need to collect all the debris. It seems more like a Beijing propaganda effort than an actual risk to any U.S. military interests.
Washington DC – House Speaker Kevin McCarthy on Thursday night called for a briefing of the “Gang of Eight” — the group of lawmakers charged with reviewing the nation’s most sensitive intelligence information — following reports of a Chinese spy balloon flying over Montana.
“China’s brazen disregard for U.S. sovereignty is a destabilizing action that must be addressed, and President Biden cannot be silent,” McCarthy tweeted. “I am requesting a Gang of Eight briefing.” (read more)
Have no fear, the Pentagon is investigating with their best men, whoops – I mean people, or people-kind, or non-binary persons who are within what we previously called the U.S. military, or defense dept. Whatever all that is now….
Representative Alexandria Ocasio-Cortez (AOC) was showcasing how the term “hopping mad” originated today during a theatrical performance about her friend Ilhan Omar being removed from her seat on the House Foreign Affairs Committee. WATCH:
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When she gets done with that dramatic bouncing routine, she’s still as goofy as Hank “tippy Guam” Johnson.
Posted originally on the CTH on February 2, 2023 | Sundance
Of course, he is. President Trump is not only running against the Democrat candidate in 2024, likely Newsom, but he’s also running against the Republican establishment candidate in 2024, most certainly DeSantis.
As such, President Donald Trump is noting the same strategic plays that we are. Fortunately, he’s keeping an eye on how the Republican Governor’s Association (RGA) is intending to execute their anti-MAGA moves against the base working-class voters. [Trump Truth]
Again, for emphasis, despite accusations and ridiculously unfounded assertions, I have no affiliation or contact with anyone in/around the campaign. However, as with the prior election(s) in ’08 (McCain), ’12 (Romney), ’16 (Jeb!), and 2020 (Biden), the republican establishment roadmap is complex in a Machiavellian way, yet easy to spot if you know their objective. [Prior Resource Article on RGA ‘2022 Background Moves Here]
It is affirming to see that President Trump is watching these same tripwires as they are triggered.
As soon as Ron DeSantis makes his ’24 announcement (likely May, June or July – but he will be the last to enter), it will be the RGA who trigger the first wave of attacks against the MAGA base of voters. Together with the controlled GOPe field, they will trigger a sequential process for republican governors to align with DeSantis.
Ahead of the DeSantis announcement, those who are aligned with the playbook will start to come in next, beginning with Nikki Haley on February 15th. Each will have a billionaire donor class financier assigned to their specific SuperPAC support system. I would expect Chris Sununu to quickly follow Haley.
(National Rifle) […] The Republican Governors Association (RGA) donated almost $21 million to the Friends of Ron DeSantis PAC, a massive war chest that politicos believe the Florida Governor will use to take on Trump in 2024, with the backing of the GOP establishment.
Over the year and a half that the RGA was dumping millions into the Friends of Ron DeSantis PAC, they gave zero dollars to Doug Mastriano, the Trump-endorsed Republican nominee for Governor of Pennsylvania, effectively surrendering the pivotal state to Democrats. (more)
I also suspect, nothing but a hunch based on research, that Kristi Noem may have rejected the early entreaties from the professional Republicans who are coordinating the roadmap. If she didn’t reject something, the DeSantis crew would not be attacking her so hard. If my hunch is correct, this position could make Noem a wildcard.
Posted originally on the CTH on February 2, 2023 | Sundance
This is so critically important to the understanding of the core, central element where the globalism atom splits and the resulting destruction begins, that I must pause all personal recovery efforts -immediately- and explain. This is an incredible example of where corporations and government merge. This is the atom split. This is the root, the nub, the place where “trillions at stake” takes context.
Strong HatTip to Gateway Pundit for this exceptional video and example {Direct Rumble Link Here}. The understanding comes via a Canadian dairy farmer, who, like thousands of other farmers around the world, is a private business under government control. This example is about dairy, specifically milk, however, the underlying premise goes much further.
This is modern corporatism, the nexus of govt intervention, regulations and the multinational exploitation of industry. This is also the globalist example that shows how the concepts of “capitalism” and “free markets” have been destroyed. First, watch the video:
What you are witnessing in that video is something we have talked about at length for years.
Influential people, politicians (rules) and corporate leaders (profits), both with vested financial interests in the process, have sold a narrative that global manufacturing, global sourcing, and global production is the inherent way of the future. The same voices claimed the American economy was/is consigned to become a “service-driven economy.”
What was always missed in these discussions is that advocates selling this global-economy message have a vested financial and ideological interest in convincing the information consumer it is all just a natural outcome of economic progress.
It’s not.
It’s not natural at all. It is a process that is entirely controlled, promoted and utilized by large conglomerates, lobbyists, purchased politicians and massive multinational corporations.
To understand who opposes President Trump, Jair Bolsonaro, or any economic nationalist, specifically because of the economic leverage against multinational corporations their policy creates, it becomes important to understand the objectives of the global and financial elite who run and operate the institutions. The Big Club.
Understanding how trillions of trade dollars influence geopolitical policy we begin to understand the three-decade global financial construct they seek to protect. That is, global financial exploitation of national markets.
FOUR BASIC ELEMENTS:
♦Multinational corporations purchase controlling interests in various national outputs (harvests and raw materials), and ancillary industries, of developed industrial western nations. {example}
♦The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks. (*note* in China it is the communist government underwriting the purchase)
♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).
♦With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.
For three decades economic “globalism” has advanced, quickly. Everyone accepts this statement, yet few actually stop to ask who and what are behind this – and why?
Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations.
Institutions like the World Trade Organization (WTO), World Bank and International Monetary Fund (IMF), control trillions of dollars in economic activity. Underneath that economic activity there are people who hold the reins of power over the outcomes. These individuals and groups are the stakeholders in direct opposition to principles of America-First national economics.
The modern financial constructs of these entities have been established over the course of the past three decades. When you understand how they manipulate the economic system of individual nations you begin to understand why they are so fundamentally opposed to President Trump.
In the Western World, separate from communist control perspectives (ie. China), “Global markets” are a modern myth; nothing more than a talking point meant to keep people satiated with sound bites they might find familiar; but the truth is ‘global markets’ have been destroyed over the past three decades by multinational corporations who control the products formerly contained within global markets. This is the function of the World Economic Forum.
The same is true for “Commodities Markets.” The multinational trade and economic system, run by corporations and multinational banks, now controls the product outputs of independent nations. The free market economic system has been usurped by entities who create what is best described as ‘controlled markets’.
Bulletpoint #1:♦ Multinational corporations purchase controlling interests in various national elements of developed industrial western nations.
This is perhaps the most challenging to understand. In essence, thanks specifically to the way the World Trade Organization (WTO) was established in 1995, national companies expanded their influence into multiple nations, across a myriad of industries and economic sectors (energy, agriculture, raw earth minerals, etc.).
This is the basic underpinning of national companies becoming multinational corporations.
Think of these multinational corporations as global entities now powerful enough to reach into multiple nations -simultaneously- and purchase controlling interests in a single economic commodity.
A historic reference point might be the original multinational enterprise, energy via oil production. (Exxon, Mobil, BP, etc.)
However, in the modern global world, it’s not just oil; the resource and product procurement extend to virtually every possible commodity and industry. From the very visible (wheat/corn) to the obscure (small minerals, and even flowers).
Bulletpoint #2 ♦ The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks.
During the past several decades national companies merged. The largest lemon producer company in Brazil, merges with the largest lemon company in Mexico, merges with the largest lemon company in Argentina, merges with the largest lemon company in the U.S., etc. etc. National companies, formerly of one nation, become “continental” companies with control over an entire continent of nations.
…. or it could be over several continents or even the entire world market of Lemon/Widget production. These are now multinational corporations. They hold interests in specific segments (this example lemons) across a broad variety of individual nations.
National laws on Monopoly building are not the same in all nations. Most are not as structured as the U.S.A or other more developed nations (with more laws). During the acquisition phase, when encountering a highly developed nation with monopoly laws, the process of an umbrella corporation might be needed to purchase the targeted interests within a specific nation. The example of Monsanto applies here.
Bulletpoint #3 ♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).
In underdeveloped countries the process of buying a political outcome is called bribery. Within the United States we call it lobbying. The process is exactly the same.
With control of the majority of actual lemons the multinational corporation now holds a different set of financial values than a local farmer or national market. This is why commodities exchanges are essentially dead. In the aggregate the mercantile exchange is no longer a free or supply-based market; it is now a controlled market exploited by mega-sized multinational corporations.
Instead of the traditional ‘supply/demand’ equation determining prices, the corporations look to see what nations can afford what prices. The supply of the controlled product is then distributed to the country according to their ability to afford the price. This is essentially the bastardized and politicized function of the World Trade Organization (WTO). This is also how the corporations controlling WTO policy maximize profits.
Back to the lemons. A corporation might hold the rights to the majority of the lemon production in Brazil, Argentina and California/Florida. The price the U.S. consumer pays for the lemons is directed by the amount of inventory (distribution) the controlling corporation allows in the U.S.
If the U.S. lemon harvest is abundant, the controlling interests will export the product to keep the U.S. consumer spending at peak or optimal price. A U.S. customer might pay $2 for a lemon, a Mexican customer might pay .50¢, and a Canadian $1.25.
The bottom line issue is the national supply (in this example ‘harvest/yield’) is not driving the national price because the supply is now controlled by massive multinational corporations.
The mistake people often make is calling this a “global commodity” process. In the modern era this “global commodity” phrase is particularly nonsense.
A true global commodity is a process of individual nations harvesting/creating a similar product and bringing that product to a global market. Individual nations each independently engaged in creating a similar product.
Under modern globalism this process no longer takes place. It’s a complete fraud. Massive multinational corporations control the majority of production inside each nation and therefore control the global product market and price. It is a controlled system.
EXAMPLE: Part of the lobbying in the food industry is to advocate for the expansion of U.S. taxpayer benefits to underwrite the costs of the domestic food products they control. By lobbying DC these multinational corporations get congress and policy-makers to expand the basis of who can use EBT and SNAP benefits (state reimbursement rates).
Expanding the federal subsidy for food purchases is part of the corporate profit dynamic.
With increased taxpayer subsidies, the food price controllers can charge more domestically and export more of the product internationally. Taxes, via subsidies, go into their profit margins. The corporations then use a portion of those enhanced profits in contributions to the politicians. It’s a circle of money.
In highly developed nations this multinational corporate process requires the corporation to purchase the domestic political process (as above) with individual nations allowing the exploitation in varying degrees. As such, the corporate lobbyists pay hundreds of millions to politicians for changes in policies and regulations; one sector, one product, or one industry at a time.
These are specialized lobbyists.
EXAMPLE: The Committee on Foreign Investment in the United States (CFIUS)
CFIUS is an inter-agency committee authorized to review transactions that could result in control of a U.S. business by a foreign person (“covered transactions”), in order to determine the effect of such transactions on the national security of the United States.
CFIUS operates pursuant to section 721 of the Defense Production Act of 1950, as amended by the Foreign Investment and National Security Act of 2007 (FINSA) (section 721) and as implemented by Executive Order 11858, as amended, and regulations at 31 C.F.R. Part 800.
The CFIUS process has been the subject of significant reforms over the past several years. These include numerous improvements in internal CFIUS procedures, enactment of FINSA in July 2007, amendment of Executive Order 11858 in January 2008, revision of the CFIUS regulations in November 2008, and publication of guidance on CFIUS’s national security considerations in December 2008 (more)
Bulletpoint #4 ♦ With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.
The process of charging the U.S. consumer more for a product, that under normal national market conditions would cost less, is a process called exfiltration of wealth. This is the basic premise, the cornerstone, behind the catchphrase ‘globalism‘.
It is never discussed.
To control the market price some contracted product may even be secured and shipped with the intent to allow it to sit idle (or rot). This is where the dumping of the milk comes into play. None of this is a market driven outcome. All of this is being controlled by guiding hands of politicians, rule makers, and the partnership with the private sector corporations.
It’s all about controlling the price and maximizing the profit equation. We are discussing food and agricultural production, but the issue (the process of control) covers far more than just food, farming and Ag in general. It’s everything folks. Everything.
To gain the same $1 profit a widget multinational might have to sell 20 widgets in El-Salvador (.25¢ each), or two widgets in the U.S. ($2.50/each).
Think of the process like the historic reference of OPEC (Organization of Petroleum Exporting Countries). Only in the modern era massive corporations are playing the role of OPEC and it’s not oil being controlled, thanks to the WTO it’s almost everything.
Again, this is highlighted in the example of taxpayers subsidizing the food sector (EBT, SNAP etc.), the multinational corporations can charge domestic U.S. consumers more.
Ex. more beef is exported, red meat prices remain high at the grocery store, but subsidized U.S. consumers can better afford the high prices.
Of course, if you are not receiving food payment assistance (middle-class) you can’t eat the steaks because you can’t afford them. (Not accidentally, it’s the same scheme in the ObamaCare healthcare system)
Agriculturally, multinational corporate Monsanto says: ‘all your harvests are belong to us‘. Contract with us, or you lose because we can control the market price of your end product.
The downside is that once you sign that contract, you agree to terms that are entirely created by the financial interests of the larger corporation, not your farm. Additionally, the rule makers (govt), are working hand in glove with the corporations who control the outcome.
The multinational agriculture lobby is massive. We willingly feed the world as part of the system; but you as a grocery customer pay more per unit at the grocery store because domestic supply no longer determines domestic price.
Within the agriculture community the (feed-the-world) production export factor also drives the need for labor. Labor is a cost. The multinational corps have a vested interest in low labor costs. Ergo, open border policies. (ie. willingly purchased republicans not supporting border wall etc.).
This corrupt economic manipulation/exploitation applies over multiple sectors, and even in the sub-sector of an industry like steel. China/India purchases the raw material, coking coal, then sells the finished good (rolled steel) back to the global market at a discount. Or it could be rubber, or concrete, or plastic, or frozen chicken parts etc.
The ‘America First’ Trump-Trade Doctrine upsets the entire construct of this multinational export/control dynamic. Team Trump focus exclusively on bilateral trade deals, with specific trade agreements targeted toward individual nations (not national corporations).
‘America-First’ is also specific policy at a granular product level looking out for the national interests of the United States, U.S. workers, U.S. companies and U.S. consumers.
Under President Trump’s Trade positions, balanced and fair trade with strong regulatory control over national assets, exfiltration of U.S. national wealth is essentially stopped.
This puts many current multinational corporations, globalists who previously took a stake-hold in the U.S. economy with intention to export the wealth, in a position of holding contracted interest of an asset they can no longer exploit.
Perhaps now we understand better how massive multi-billion multinational corporations and institutions are aligned against President Trump. In essence, Donald Trump is the anti-WEF weapon of the American people.
They will even organize a western corporate war against Russia to stop anyone from blocking their financial goals.
The Federal Reserve raised the benchmark by 25 bps, as expected. The Fed fully understands that the manipulation of the CPI is a necessary aspect both for containing government benefits and understating inflation also results in high tax revenues. The market loves hope, and as a result, they focused on the warning that we’ll be in restrictive territory for just a bit longer. Most still believe that there will be a slowdown in inflation just ahead.
The Fed’s cautionary commentary saying that the “disinflation process” has started triggered shares to jump ending up 1%. This shows how insane the analysis had become that they cheer a recession and think that lower interest rates are bullish for the stock market. Obviously, they just listen to the talking heads on TV and have never bothered to look at reality. When interest rates decline, so has the stock market. Interest rates rose for the entire Trump Rally, and they crashed during the Great Recession of 2007-2009. For the life of me, I just shake my head when the talking heads cheer lower rates and spread doom and gloom with higher rates.
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America