I reported in September that the Heritage Foundation estimated that the average American lost $4,200 since Biden became president. Within only a month, their analysis for October revealed that the average family had lost an average of $7,400. Around $6,100 of the loss came from annual income, while interest rates cost the average American $1,300 annually. For the analysis to nearly double in the course of a month is alarming, and it is reasonable to suspect that losses will become steeper due to current policies.
The Heritage Foundation said this estimate, obviously, does not “fully reflect the pain experienced by families.” They did not factor in losses from retirement accounts or investments. They certainly did not count the number who lost their careers due to pandemic mandates. Nor did they factor in the increased cost of borrowing money, mortgages, or the doomed bond market. They also did not factor in that he caused the public to lose all confidence in the government.
All gains under the Trump era were erased in less than two years. The changes that a new administration can implement are astronomical. The spending packages pushed forth acted as a temporary band-aid over a wound that will never heal. At least the generally uninformed public believed those packages would help, but that tide is turning as they can no longer offer unlimited free handouts. The economy was brought to a screeching halt in 2020, and absolutely nothing has been done by Washington to improve conditions since then. The spending packages lack all common sense and seem to be a deliberate attempt to hurt the country.
Anyone who wants to pay more for everything – go ahead. Those of us who voted for sensible politicians with real plans will send you the bill.
Now that politicians have secured their positions in the elections prepare for the promises to fade. These people will say anything for our vote with no intention of following through. Biden has already announced that they will no longer accept student loan forgiveness applications. A Texas court barred future applications a day after the election – coincidence?
In fact, there is a website tracking Biden’s political promises, albeit not the most accurate. So far, he has kept only 22% of promises made during his campaign – at most. Many of these promises benefit absolutely no one, such as nominating the first black woman to the US Supreme Court, new fuel standards, increasing COVID testing, and rejoining the World Health Organization (WHO). That’s where his administration has placed their energy as if the entire world isn’t crumbling under their rule.
The website downplayed his broken promises after listing them at only 1%. He certainly broke his promise to “Build Back Better” – well… actually, he is following that plan accordingly. He has handed over America to the World Economic Forum on a silver platter. International objectives far outweigh domestic policies. The domestic policies in place and asinine spending packages have only made America less competitive and have hurt the pockets of not only the American people but the global economy.
People laugh at Donald Trump for questioning the results of the 2020 US Presidential Election, where Joe Biden secured more votes than any other president in American history. How quickly they forget that the entire DNC rejected Trump’s appointment for the duration of his presidency. They denied previous elections for every political tier, and some refused to concede. They said Trump incited the January 6 protest by questioning the election results, as if they have never questioned the authenticity of an election.
Posted originally on the conservative tree house on November 11, 2022 | Sundance
They have proposed and refined so many of the carbon trading schemes, it becomes difficult to remember which iteration each new formula replaces. Heck, I’ve lost track of how many of the individual components of the larger plan are already in place. However, John Kerry has introduced the western elites at COP27 to the latest acceptable proposal surrounding coal fired energy.
Against the backdrop of sped-up Build Back Better urgency, this coal-based carbon trading platform is called the Energy Transition Accelerator (ETA).
When you stay elevated to the larger way the Energy Transition Accelerator works you can clearly see the transferring of wealth from your bank account to the global control mechanism that will eventually determine your energy allotment. The companies that provide energy are simply the collectors for the fees you will pay to the World Economic Forum income disbursement group.
(Reuters) – […] The scheme, known as the Energy Transition Accelerator (ETA), was launched at the United Nations’ COP27 conference this week by John Kerry, the United States’ climate envoy, in collaboration with the Rockefeller Foundation and the Bezos Earth Fund.
[…] Voluntary carbon markets, in which companies get emissions credits in return for channeling cash to poor countries that cut their carbon output, have often been riddled with fraud and double-counting. Many critics think rich countries should just fork out the cash themselves to close coal plants – or tax fossil fuel companies to get the money. (read more)
There’s the system in a nutshell. Energy providers must purchase emission credits from the ‘carbon market’ (govt); in the U.S. likely the EPA as they do with RIN credits. The electricity provider puts the carbon purchase credit fee in your electricity bill.
The money generated from that credit purchase system is then delivered to the government who take a cut; then pass along the balance to the central climate control unit who take a cut; then forward the remaining balance to the third-world government who also take a cut; and then the remainder is used to develop clean energy systems; which returns to the starting point with the energy providers.
See how that works?
That’s the basic operational model of all the carbon-trading platforms.
Widget Corp (energy provider) is forced to purchase a credit. Widget Corp. get the fee for the credit from the customers (you). The fee is passed on to govt, then passed on to central control, then passed on to foreign govt, then passed on to Widget Corp. for building the new clean energy system.
Yes, it’s a Build Back Better circle.
The only way to avoid the Carbon-Trading Exchange is not to join the carbon trading system.
Well, that said, what does not joining the carbon trading system look like?
(Silk Road) – The Russian Foreign Minister, Sergey Lavrov has stated that ‘over a dozen’ countries have formally applied to join the BRICS grouping following the groups decision to allow new members earlier this year. The BRICS currently includes Brazil, Russia, India, China and South Africa.
It is not a free trade bloc, but members do coordinate on trade matters and have established a policy bank, the New Development Bank, (NDB) to coordinate infrastructure loans. That was set up in 2014 in order to provide alternative loan mechanisms from the IMF and World Bank structures, which the members had felt had become too US-centric.
The Asian Infrastructure Investment Bank (AIIB) was set up by China at about the same time for largely the same reasons and to offer alternative financing than that provided by the IMF and World Banks, which were felt to impose political reform policies designed to assist the United States in return for providing loans. Both the NDB and AIIB banks are Triple A rated and capitalised at US$100 billion. The NDB bank shares are held equally by each of the five members.
In total, the BRICS grouping as it currently stands accounts for over 40% of the global population and nearly a quarter of the world’s GDP. The GDP figure is expected to double to 50% of global GDP by 2030. Expanding BRICS will immediately accelerate that process.
Concerning a BRICS expansion, Lavrov stated that Algeria, Argentina, and Iran had all applied, while it is already known that Saudi Arabia, Türkiye, Egypt and Afghanistan are interested, along with Indonesia, which is expected to make a formal application to join at the upcoming G20 summit in Bali.
Other likely contenders for membership include Kazakhstan, Nicaragua, Nigeria, Senegal, Thailand and the United Arab Emirates. All had their Finance Ministers present at the BRICS Expansion dialogue meeting held in May. (more)
Can you see it now?
This is the global trade and finance system cleaving as a result of western government’s chasing climate change.
There will eventually be two systems of finance, banking, investment and energy use.
Can you see it now?
Right now, the ‘western’ team is not going to allow any ally to join the BRICS team without punishment.
It’s a battle for global wealth using energy development as the tool.
Last point. With this in mind, does the multinational opposition to President Trump carry a new “trillions at stake” context for you?
COMMENT: Marty, I love all that you do. I want to challenge anyone to find a county in the USA that is more corrupt that Harris County Texas (Houston) regarding vote fraud, nothing to see here keep moving: Harris County Elections administrator can’t answer why polling locations ran out of paper Harris County Elections Administrator Clifford Tatum said his office started receiving paper ballot shortage calls as early as 7:30 a.m. on Election Day. (21 republican locations and up to 100,000 votes) an Author: Jeremy Rogalski Published: 7:25 PM CST November 9, 2022
Nearly 127,000 Harris County drive-thru votes appear safe after federal judge rejects GOP-led Texas lawsuit The Republican plaintiffs in an appeal asked that drive-thru voting be halted on Election Day, but did not immediately ask again that ballots that have already been cast be tossed out. BY JOLIE MCCULLOUGH NOV. 2, 2020UPDATED: NOV. 3, 2020 Houston Scrambles After Blaze That Destroyed Voting Machines Houston firefighters poured water on the smoldering shell of a warehouse that caught fire around 4 a.m. on Aug. 27. Credit…Brett Coomer/Houston Chronicle, Via Associated Press By James C. McKinley Jr. Sept. 10, 2010.
PES
REPLY: This is my big concern. Reports are coming in from all over. This election will never be accepted. I have warned that this election will be so corrupt, it will probably go down in history with the most corrupt election during the Roman Republic where there were so many bribes, and interest rates soared during 53BC. When Caesar crossed the Rubicon in 49BC, the people cheered and it was the oligarchs who fled to Greece – all the Senators. Unfortunately, Cicero was one of the oligarchs and his FAKE NEWS wrongly influenced many including the Founding Fathers of the United States. Had they seen the other accounts, they may never have chosen a Republic without term limits and prohibited any change to anything major absent a 2/3rd vote.
People are simply not prepared for a sharp economic downturn. The Money and Pensions Serviceconducted a poll in the UK in which it found around 25% of adults have under £100 in savings. The 3,000-person survey found that 17% reported having absolutely nothing set aside. Around 5% reportedly had under £50, while 4% had between £50 and £100.
The drastically increased cost of living has many living paycheck to paycheck. The Building Societies Association (BSA), as reported by the BBC, conducted a separate survey that found that 35% of people in the UK simply stopped saving due to inflation. Around 36% said they are already dipping into their savings accounts to pay the bills.
The Bank of England is anticipating a long recession ahead. The central bank sees economic conditions contracting through the first half of 2024. The central bank’s prediction of five consecutive quarters of contraction would mark the longest recession in UK history. The people have not experienced the full effects of this recession, and most are simply not prepared for what lies ahead.
Chief of Defense Eirik Kristoffersen predicts that Norway will be part of the area responsible for mobilizing a joint NATO command center. A final decision will be made during the first half of 2023. NATO currently has a command center in Bussum, Netherlands, which was activated in February as soon as the war began. Kristofferson said that the joint NATO venture is being led by the US Marines – first ones in, last ones out.
Once Sweden and Finland become full NATO members, they will join the joint NATO army. Finland has stated that it wants to be under the control of US forces, which was one of their premises when they decided to join the alliance. The Nordic alliance remains strong, and Norway’s strategic placement will allow it to become the center of operations. With the powerful backing of the world’s most powerful military, NATO’s army will grow. They are preparing.
Posted originally on the conservative tree house on November 10, 2022 | Sundance
The Bureau of Labor and Statistics (BLS) provides the latest data on consumer prices (inflation) [DATA HERE]. We explained in 2021 how inflation would grow on a month-over-month and year-over-year basis until the calendar became more friendly and the government officials could claim “diminished inflation growth.” Well, we are now entering that phase of economic parseltongue.
October consumer prices increased 0.4% over September. However, we are now comparing year-over-year (Y0Y) inflation to the period where last year’s prices had already skyrocketed, so YoY inflation seems to be moderating at 7.7%, it’s a false premise. {Go Deep}
As expected, the energy-driven consumer inflation in the food sector has arrived. The proverbial field inflation is arriving at the fork, and the October CPI now shows the third wave of food price increases we had previously discussed.
Table 2 Details: Egg prices increased +10.1% last month and now 43% higher than last year. Butter +1.9% last month, 26.7% for year. Margarine +1.3% for month, 47.1% for year. Coffee +1.3% for the month, 15.6% for the year.
Heading into baking season we find flour +0.2% for the month, +24.6% for year. Essentially, as expected, all of the holiday foodstuffs are now rising in price as the increased field and commodity prices hit the store shelves.
Some row crops are starting to moderate in price growth, while dairy products continue rising throughout the fall season. It is going to be painful on the checkbook grocery shopping this holiday season.
On the energy front, home heating oil increased 19.8% in October and is now a whopping 68.5% higher than last October. Unleaded gasoline increased another 3.5% and now is now 20.9% higher than last year (Oct ’21), which was already 40% higher than January 2021.
Food, fuel, electricity, home heating and housing costs continue growing monthly, but give the illusion of moderating when compared to last year.
Food away from home (restaurants etc.) are starting to show the cumulative price impacts for restaurants, hotels and cafeterias. Additionally, as the kids returned to school the lunchroom prices have skyrocketed a jaw-dropping +3.8% for October and +95% compared to last year [Table 2]. Packing lunches for kids is going to become an even more important aspect for the family food budget.
The stock market is happy with the news because the lowered 7.7% (YoY) inflation number, a product of the calendar and nothing else, gives optimism the Fed may moderate the increased federal reserve rate hikes. However, don’t count on it because inflation is easily identified as embedded now. Lemons at the grocery store are now $0.99/each.
Think about that. $1 for a single lemon and roughly 50¢ per egg at the supermarket. A full shopping cart of groceries now easily exceeding $200. This is devastating for those on fixed incomes and blue-collar workers.
Wages are nowhere near keeping up with this level of price increase.
(CNBC) The consumer price index rose less than expected in October, an indication that while inflation is still a threat to the U.S. economy, pressures could be starting to cool.
The index, a broad-based measure of goods and services costs, increased 0.4% for the month and 7.7% from a year ago, according to a Bureau of Labor Statistics release Thursday. Respective estimates from Dow Jones were for rises of 0.6% and 7.9%.
Excluding volatile food and energy costs, so-called core CPI increased 0.3% for the month and 6.3% on an annual basis, compared with respective estimates of 0.5% and 6.5%.
A 2.4% decline in used vehicle prices helped bring down the inflation figures. Apparel prices fell 0.7% and medical care services were lower by 0.6%.
“The report overstates the case that inflation is coming in, but it makes a case inflation is coming in,” said Mark Zandi, chief economist at Moody’s Analytics. “It’s pretty clear that inflation has definitely peaked and is rolling over. All the trend lines suggest that it will continue to moderate going forward, assuming that nothing goes off the rails.” (read more)
The Biden energy policy is the root of the consumer inflation. Nothing will happen to moderate overall consumer inflation on Main Street until energy policy changes.
Additionally, with the 2022 election in the rear-view mirror, we should start to see layoffs and unemployment increasing now. The bureaucrats will now let the recession become evident.
Once again your caution proved to be warranted. 2020 looks like it was a dry run for how Democrats will hold onto power….vote harvesting and the Dominion Systems.
I wondered what the week of November 7 would be about. Now it seems we have the answer.
MS
REPLY: I do not have the luxury of personal opinion. My job is to relay what the computer is projecting. It just did not show this idea of a Red Wave. The computer showed that the Republicans could take the House, but not the Senate. This will only help to keep the polarization of the United States. The left simply hates the right and this is what will eventually lead to civil unrest and the break up of the United States.
This hatred began with Hillary calling Republicans “deplorable” and her blaming Putin for her own failed policies which are what the younger girls in our office call Feminine Nazis. She was so 1960’s women’s lib that girls should be drafted into the military which resulted in so many younger girls being anti-Hillary. But the hatred she had from the gender wars of the ’60s and blaming Putin after creating the fake Russian dossier on Trump set in motion this great divide. The Democrats still believe that Putin rigged the 2016 election. There is no changing that. It is not just the far right that believed in rigged elections. The Democrats still cling to the same idea.
The net result of this war between the left v right is the end of the United States. There is absolutely no reason to have a single nation where one side gets to oppress the other every 4 years. As Lincoln said, a country divided cannot stand.
This election is more than what our computer projected. The future demise of the United States would not unfold without the country being deeply divided. The Democrats now believe the people are ready to surrender everything for climate change and want world war III and the destruction of Russia. After all, what I hear from behind the curtain is that those Russians are right-wing religious fanatics who are against abortion and LGBT. They need to be wiped from the face of the earth. They have made this both a claimed war for democracy (tyranny) and religion against the far-right. That hatred of demonizing Russia is the critical link for the projection of 2032.
Nobody will accept elections as being fair from here on out. Welcome to the new age of economic enslavement and absolute tyranny all for Climate Change and then their push for the one-world government headed by the United Nations. They needed Biden who will sign whatever they put in front of him. They need the UN because no single country can fight climate change.
The end of any democratic right to vote is their agenda.
COMMENT: The post dealing with the mid-terms had this gem: “This is why all the Greek philosophers from Socrates to Plato were against democracy. It allowed a thin majority to become tyrannical.” What then is the alternative, for there will never come a time when we all agree about anything, let alone everything? The unstated alternative is that a minority becomes tyrannical and enforces their vision on everyone. Those are the two choices. There aren’t others just waiting to be discovered. Either the majority has it or the minority has it and as this is supposed to be a battle between ideas, the idea getting the most support should be the one chosen. Otherwise, candidates would try to lose the election so as that their plans would be enacted. Sorry, but that is just too stupid to be taken seriously by anyone with a still functioning brain in their head. As Churchill noted, “Democracy is the worst form of government there is, except for all the others.” And he was absolutely correct. If you don’t like what the majority is doing, change the minds of those who are persuadable; don’t bitch about not getting your way because your ideas were not popular. That is what infants do!
VK
REPLY: A friend invited me to dinner. There was another there who was a major programmer for Microsoft. He was a Biden supporter and convinced that climate change may have always existed, but we are the cause right now. There are people among the Democrats who have just been brainwashed with sophistry. If they were not being mentally manipulated by a small group of elites with an agenda they would never agree with if the truth were told, then there would be perhaps a more reasonable world.
Then you have egos. Trump felt his endorsing power was not what he and others thought it was. So he told the WSJ he knew some dit on DeSantis. This is the problem. Trump was on the right track and he was what the people rallied behind – term limits and draining the swamp. But now his personal ego is surfacing and that becomes a problem in politics. It is hard to resist when everyone says you control the power.
The best form of government I have ever seen was that of Genoa where the Doge (president) rotated annually amount the wealthy families. This was before Marxism. There was no social warfare. They ran Genoa more like a company competing against Venice and Florence. Because the Doge rotated, nobody would pass a law that was draconian since they would have to live under that law the following years and it would be more than a decade before the wheel would return to their family.
Marxist Socialism has been highly destructive. It has begun the division that undermines the purpose of civilization – that we all come together because we all benefit. When one group targets another, that is it. You begin the process of economic suicide. The Democrats no longer know how to run for office without promising to rob one group for the benefit of another.
Republics are always the worst form of government because they can be bribed. Look at the bankers. They have blown up the world economy countless times and NEVER has a single banker ever been charged. They own the SEC and CFTC – the case is closed for they will never be held accountable – EVER!
I tried to warn the Republicans, but they too want to hear what they prefer to believe. I warned them that they would NOT be able to reverse what Biden has set in motion.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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