Posted originally on the conservative tree house on July 18, 2022 | Sundance
During the White House press briefing today, the administration sent Jared Bernstein to the podium to discuss a recent drop in gasoline prices. Bernstein was claiming that Joe Biden had lowered gasoline prices when journalist James Rosen asked a question. {Direct Rumble Link}
James Rosen asked Bernstein why it was “Putin’s price hikes” when the gasoline prices are increasing, but not “Putin’s price plunge” when gasoline prices are decreasing. Bernstein attempted to clarify his position and ended up looking silly. WATCH:
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Meanwhile, the Dallas Federal Reserve held its energy survey, there was some important feedback noted from the Oil and Gas industry.
“The real energy crisis isn’t even here yet. The U.S. Energy Information Administration forecasts U.S. oil production to an average 12.5 million barrels per day for the next 30 years. This is all but impossible. Shale will likely tip into terminal decline in about five years as the main shale plays run out of location. Unfortunately, by then, most of the individuals with incumbent knowledge about offshore and international development will have retired. The brain drain in the industry will create a real and much larger crisis in the mid-to-late 2020’s.”
Posted originally on the conservative tree on July 18, 2022 | Sundance
As expected, the latest National Association of Home Builders survey [Data Here] shows the July confidence opinion of industry professionals now reflects the largest single month drop in the history of the survey (removing pandemic impact).
On a macro level, home values peaked in April/May and have been dropping ever since. Mortage rates have increased borrowing costs and inflation is squeezing home buyers out of their savings and/or down payment. Home sales have stalled in multiple regions and the prices of existing homes for sale are dropping, quickly. Many home building contracts are being cancelled and builders are now dropping prices in order to retain prior sales.
(Via Forbes) – […] Builder confidence in the market for new homes posted its seventh consecutive monthly decline in July, falling 12 points to 55 for its second-biggest single-month drop in history, according to the NAHB/Wells Fargo Housing Market Index released Monday.
[…] In emailed comments, Pantheon Macro chief economist Ian Shepherdson said confidence has “further to fall,” noting that Federal Reserve Chair Jerome Powell last month alluded to the housing market’s “complicated situation,” saying potential home buyers “need a bit of a reset” as mortgage rates normalize at higher levels after remaining historically low during the pandemic.
“This is a meltdown,” says Shepherdson, noting home prices should soon start to drop and warning: “Pretty soon, anyone who has bought a home in recent months will be sitting on a loss.” (read more)
Posted originally on the conservative tree house on July 17, 2022 | Sundance
On May 31st, Representative Matt Gaetz (R-FL) made an explosive announcement as an outcome of a whistleblower providing information to him and Jim Jordan. The claim was the FBI held a collaborative relationship with the Clinton/DNC law firm Perkins Coie. {Go Deep} Specifically, the explosive element surrounded the FBI having a workspace within the DNC law firm that would give Democrats an open portal into FBI databases for political opposition research.
Additionally, formerly indicted Clinton campaign lawyer, Michael Sussmann, was reportedly in charge of this arrangement within Perkins Coie for the past year. Obviously, the potential ramifications from this joint collaboration are vast. However, have you noticed that not a single media outlet has followed up on the claim?
Generally, in Washington DC when the media ignores an issue, especially a major issue with large consequences; and doesn’t even attempt to snarkily debunk an explosive claim or belittle the person bringing the information; it’s usually because the claim itself has merit and the DC defenders do not want to give it any fuel for further discussion or awareness. {Direct Rumble Link}
So, what happened?
Essentially, what is being claimed is that a portal exists into FBI databases within the law firm that represents democrats. This means access to FBI database searches exists inside the office of the DNC and Clinton legal group. Think about the ramifications here.
If the whistleblower claim is accurate, the FBI can exploit the NSA database to conduct searches of all cell phone, computer, email, text message, social media, electronic communication and all private data/communication belonging to Americans; this would include geolocation. If the FBI was operating within Perkins Coie since 2012, then the democrats have held access to fully intrusive electronic surveillance of their political opposition, or anyone else – anywhere, for a decade.
The FBI and DNC law firm working collaboratively on issues of joint importance goes far beyond the ‘image of impropriety or conflicted interest‘ and extends to the actual corruption within the foundational institutions of government.
Transparently, if these reports are accurate all of the inexplicable dynamics within the “two tiers of justice” suddenly reconcile. The FBI and Perkins Coie having the ability to conduct electronic surveillance of any target is a major level of sunlight, that would reconcile years of visible issues.
Where is the follow-up?
CTH has long claimed there was some kind of direct portal link between the Clinton campaign team and the FBI databases. There were too many trails of extracted non-minimized research evidence in the hands of the Clinton team that CTH could not trace to a transferring FBI official. If Perkins Coie operated a portal in their office that allowed them to conduct search queries of American citizens, then everything would make sense. That access portal is exactly what is being claimed and admitted in this report.
The start date of 2012 is important for several reasons, not the least of which is FISA presiding Judge Rosemary Collyer criticizing the scale and scope of unlawful FBI database access going back to exactly 2012. Keep in mind a FISA-702 search, is simply an unlawful FBI warrantless electronic search of an American (“702” represents the American citizen) into the central database -maintained by the NSA- that contains all electronic data and communication.
I have been in the deep hole of the FISA-702 database search query violations for so long I don’t even need a flashlight.
The report from Matt Gaetz about Perkins Coie access to FBI databases, is in direct alignment with Rosemary Collyer’s prior report on FBI abuses of the database, 702 violations. Notice the dates and scope Judge Collyer references [Source Link].
Non-compliant queries since 2012.
85% of the FBI and contractor searches are unlawful.
Many of those searches involved the use of the “same identifiers over different data ranges.” Put in plain terms, the same people were continually being tracked, searched and surveilled by querying the FBI database over time.
The non-compliant searches go back to 2012. The same date mentioned for the FBI portal to begin operating inside the Perkins Coie office.
This specific footnote is a key. Note the phrase: “([redacted] access to FBI systems was the subject of an interagency memorandum of understanding entered into [redacted])”, this sentence has the potential to expose an internal decision; withheld from congress and the FISA court by the Obama administration; that outlines a process for access and distribution of surveillance data.
Note: “no notice of this practice was given to the FISC until 2016“, that is important.
♦Summary: The FISA court identified and quantified tens-of-thousands of search queries of the NSA/FBI database using the FISA-702(16)(17) system. The database was repeatedly used by persons with contractor access who unlawfully searched and extracted the raw results without redacting the information and shared it with an unknown number of entities.
The outlined process certainly points toward a political spying and surveillance operation. When the DOJ use of the IRS for political information on their opposition became problematic, the Obama administration needed another tool. It was in 2012 when they switched to using the FBI databases for targeted search queries.
This information from Jim Jordan and Matt Gaetz had the potential to be extremely explosive. However, the absence of any follow-up reporting, or even debunking from the traditional guardians of the DC swamp is weird. What’s going on?
I wrote about these suspicions in depth throughout 2017, 2018 and eventually summarized in 2019:
Posted originally on the conservative tree house on July 17, 2022 | Sundance
CBS pretentious pretender Margaret Brennan interviews Joe Biden’s Energy Security Coordinator Amos Hochstein about the trip to the Gulf Arab States and subsequent energy policy developments. [CBS Transcript Here] Hochstein spins the non-existing benefits of the trip by attributing the pre-existing Saudi cease-fire in Yemen as an outcome of Biden talking to Crown Prince Mohammed bin Salman. Quite a stretch.
Hochstein still thinks there is going to be a way for ‘western governments‘ to place price caps on Russian oil exports by getting the entire planet to agree only to pay Russia a set price for oil. With Russia an OPEC+ member, and the members of OPEC not in ideological alignment with the Biden administration on a host of geopolitical issues, good luck with that. The producers (OPEC) have control over what prices the consumers (Non OPEC) pay; they are not going to give up that mechanism just to please the Biden administration.
On the domestic front, while there is little possibility of a global oil production increase from OPEC, Hochstein claims to have assurances from U.S. oil producers they will increase their production capacity by November. At the same time the institutions in charge of Biden energy policy are going to keep targeting the oil producers to destroy them. Quite a weird dynamic. Hochstein finishes by saying solar and windmills are the future of U.S. energy production and if we invest more, well, we can save the planet. WATCH:
It is worth remembering what MbS said about the meeting: “We agree on many things, but we differ on a few others. Every country has its own culture and circumstances. I respect yours, you respect mine. Do not impose your culture on us. Do not impose your beliefs on us.” … “We agree we need to do more for climate change, but you guys are doing it wrong by favoring certain energy sources over others. The world needs energy security. We need all energy sources including oil & gas. We are doing our part on both fronts: climate change & energy security.” … “The stage of a country’s economic & social development must be considered in climate change negotiations.” … “We are increasing our production capacity to 13 million barrels per day (from 12 mb/d), but that is it. We cannot do more.”
The message here is: You guys do your part and invest more if you want to avoid energy crises, recessions and unemployment. Do NOT blame us!
[Transcript] – MARGARET BRENNAN: Welcome back to Face The Nation. As President Biden met with Middle Eastern leaders last week, he was accompanied by Amos Hochstein, the Special Presidential Coordinator for International Energy Affairs. He’s with us now. Mr. Hochstein, Welcome to Face The Nation. Good to have you here in person.
PRESIDENTIAL COORDINATOR ON ENERGY SECURITY AMOS HOCHSTEIN: It’s great to be in person. Thank you.
MARGARET BRENNAN: So you were one of the few US officials in the room when President Biden met with Saudi leaders. Why was this trip worth the political risk? What did you get?
HOCHSTEIN: Well, I think this was a historic trip. First, it started just landing in Saudi Arabia in Jeddah, as the first-ever flight from for a president to fly from Israel, directly to Saudi Arabia, with the backdrop of Saudi Arabia, opening the announcing that they’re opening the skies for the first time for Israeli Aircraft, for all aircraft, including flights to and from Israel over its airspace, comes on the backdrop of a major achievement over the last few months of a ceasefire in Yemen, where 1000s of people have been killed. Over the last seven years, this has been the longest ceasefire we’ve had with a commitment from Saudi Arabia to work to extend the ceasefire even further; major announcements for food security and achieving contributions from the GCC from the Gulf countries on food security.
MARGARET BRENNAN: But none on oil, yet.
HOCHSTEIN: Well, we had a major announcement on cooperation on energy writ large. And if you recall, just before the President announced his trip just a few days before that OPEC+ made a- a major shift and its policies, recognizing that since Putin started amassing forces, the markets have been affected, and that there was a supply-demand issue and announced increases in supply over 50% for July and August. And I’m, based on what we heard, on the trip, I’m pretty confident that we’ll see a few more steps in the coming weeks.
MARGARET BRENNAN: So OPEC+ meets August 3. Saudi has some, very little spare capacity. So are you saying you got a wink and a nod that they’re going to pump more?
HOCHSTEIN: I think what we discussed, first of all, it’s not just about Saudi, it’s about we met with with the GCC and with Saudi Arabia. There is, I’m not going to go into how much spare capacity there is in Saudi Arabia and in UAE and Kuwait, etc. But there is additional spare capacity, there is room for increased production. As we’ve told producers in the United States, we’ve had conversations over the last several months and weeks, with OPEC. And I believe that there is still more room to-to see additional steps.
MARGARET BRENNAN: Saudi says it’s got like a million spare barrel capacity.
HOCHSTEIN: Again, it’s not just about Saudi, this is OPEC. So, there are other countries as well. So, we needed to see a little bit more. But let’s-let’s look at what has happened since the President announced his trip. Oil prices at that point were at about $120. Today, oil prices are around $100, $101. So that’s a $20 decline based on the steps–
MARGARET BRENNAN: –some of that economic concerns, though China, looking like it’s slowing and concerns here about consumption going down.
HOCHSTEIN: So there’s no doubt there’s never one reason why oil prices go up while goes down. As you know, in oil prices go up, they tend to say there’s only one reason; that’s the part of the political leadership. But if you think about it this way, over the last few months, the President has supplied the US market with a million barrels a day, which is a historic level from the strategic reserve. We’ve never done that before.
MARGARET BRENNAN: And that, what, ends in September?
HOCHSTEIN: No that-that will end towards the end of the year.
MARGARET BRENNAN: Will it end towards the end of the year? Can you afford to stop putting emergency supply on the market?
HOCHSTEIN: Well, look at what has happened. The private sector, as we talked to them, the United States said they can increase production in the United States by about a million barrels a day. But it’s going to take time to invest in it, it will come at the end of the year. So we stepped in, the president stepped in and said ‘I’ll fill that gap.’ So hopefully, my expectation is that the private sector in the US will have those increases coming, so we don’t need to have the emergency from the US government. In the meantime, we’ve seen the prices, both the oil price, but also the price of the pump has come down at the fastest rate that we have seen in over a decade. So, from over $5. And remember this just a few weeks ago–
MARGARET BRENNAN: –still pretty high, but it’s still pretty high. It may have come down a bit.
HOCHSTEIN It’s not $5 anymore, it’s now $4.55. And I expect it to come down more towards $4. And we already have many gas stations around the country that are below $4. So we’re this is the fastest decline rate that we’ve seen against a major increase in oil prices during a war in Europe, where one of the parties in the war is the third largest producer in the world. So these are extraordinary circumstances we’ve taken very tough measures to address them right away, both for the American consumer but really for global economy, too.
MARGARET BRENNAN: Well, we’ll watch to see if those gas prices continue to fall. I want to ask you about what the administration is pushing around the world which is this concept of putting a cap on the price of Russian oil that is sold, so that it’s not cutting back on the amount but rather the windfall profits Putin can profit off of it. What’s to stop Vladimir Putin from just saying, fine, I’m just going to stop pumping.
HOCHSTEIN: Well, I think that the wait, look the price cap is–
MARGARET BRENNAN: –Does that ruin your plan, if he does that?
HOCHSTEIN: Well, first, he could do that tomorrow, regardless of what we do on a price gap. You know, Putin has been an unreliable supplier, unfortunately. But I think what we’re doing is we’re designing the mechanisms so that he can still, he’d still would have revenues he needs those revenues to, that’s the only revenues he really has in his country. There’s nothing else in Russia except for oil and gas.
MARGARET BRENNAN: Well, JP Morgan says he’s got enough cash that he’s sitting on, that he could cut by 5 million barrels in that extreme example, that the price of oil would go up to over $300 a barrel, almost $400 dollars a barrel.
HOCHSTEIN: Well, what we want to be able to do is to mitigate where the price of oil on the world market doesn’t actually impact Russia at all, because we’re going to put a price cap, so that all they have is to get that price at no more than that.
MARGARET BRENNAN: Right.
HOCHSTEIN: We believe that that is the way to do it. So if prices go up, he still won’t get that price and we can reduce that price.
MARGARET BRENNAN: Why would India or China comply?
Well, first, at the G7, a couple of weeks ago, the G7 endorsed this idea as a good idea. We’re now starting to have the conversations with the major consumers. And I would ask the question the other way around, doesn’t every buyer try to get a lower price? So, I think every buyer is incentivized to pay less. And I’ll go a step further. Right now, regardless of what you see as the global oil price. That’s not what Putin’s getting. So these headlines about Putin getting some kind of a math between how much is he selling times the price of oil in the world, that’s not his revenue, because he’s already agreed to major discounts–
MARGARET BRENNAN: –He’s still taking in money and he’s still funding this war. So–
HOCHSTEIN: That’s what we’re trying to stop.
MARGARET BRENNAN: Right. But in the meantime, I want to ask you quickly about the president’s climate change efforts, this bill, and his proposal is completely stalled right now. The president says he’s going to take executive action, what is the plan? What are you going to actually do here in the United States?
HOCHSTEIN: Well, I think we’ve tried to get a plan where we can incentivize, great incentives for US investors–
MARGARET BRENNAN: –But you can’t block new oil and gas drilling, right? You can’t do some of those things, because they would counter your efforts.
HOCHSTEIN: Well, I think what we want to do in this in this bill that we’ve proposed, and we are hopeful that we still hope that that’s what Congress does, is to give it the kind of incentive assurances that we can have additional American investment in climate, renewable energy electric vehicles. Why wouldn’t we want to do that? Why would we want to make-to create an environment in which China is ahead of us? The rest of the world is making the investments and we’re not. We want to be able to put the kind of incentives that will be additional investment in the infrastructure for renewable energy, for solar, for wind, and for electric vehicles and for our nuclear fleet in this country. That’s how we get to climate. We didn’t get that today. The President is determined to take some action that he can through executive orders, and through other actions. We’ll see what we can do this weekend in the coming weeks. But again, I think that the responsibility here is to be able to invest into our future, whether we like it or not this those-some don’t like it. This is the future of energy markets in the United States and around the world. We got to decide do we want the US to lead, or do we want the Chinese to lead this?
MARGARET BRENNAN: You got to convince Senator Joe Manchin, we’ll be talking about that ahead in the segment, thank you very much for coming in. [LINK]
…”And then he said, Texas has no wind for the windmills. Yes, Texas!”
Posted originally on the conservative tree house on July 17, 2022 | Sundance
The January 6th Committee in Washington DC has a much bigger bipartisan motive than most Americans understand. The elimination of Donald John Trump from the political landscape is an exercise in protecting a surveillance state from the threat that Trump represents.
That said, I’m not sure that even Donald Trump himself realizes and/or appreciates the scale of threat he is considered to a system created in the aftermath of 9/11/01. However, consider this a precursor to the next post on this website that will hopefully show exactly what the scale of the problem is.
Wyoming congressional representative Liz Cheney gets a lot of attention for her opposition to Trump; but what most people do not yet fully grasp is the direct and consequential nature of her opposition. Liz Cheney, the daughter of former Vice President Dick Cheney, has a vested interest in removing the threat of Trump because the real issue comes back to what her father created in the aftermath of 9/11, the domestic political surveillance state.
There are two defensive operations currently underway in Washington DC to protect the biggest issue that few people talk about. The first is the objective of Deputy Attorney General Lisa Monaco, the former Obama White House senior national security advisor and legal liaison from the executive branch. The second objective is the J6 committee trying to stop Donald Trump from ever holding political office again.
Lisa Monaco is in place to protect the former Obama White House from legal and/or political responsibility in their weaponizing of domestic law enforcement operations inside the U.S. Dept of Justice and Federal Bureau of Investigation. Monaco’s undiscussed job is to target any entity who might reveal what Obama did, and what systems currently exist.
When you understand what Monaco is responsible for doing, you also understand why the National School Boards Association wrote a letter to the DOJ asking Attorney General Merrick Garland to use his influence and control over the FBI to target parents who attended School Board meetings in opposition to the agenda of the progressive left.
Alot has been written about that requested targeting operation, yet few people have wondered what mechanisms are known to the NSBA that would facilitate their request to the Dept of Justice. In the bigger picture, the request from the NSBA was a request to deploy tools that only exist thanks to the bipartisan work of Dick Cheney and Barack Obama.
There is a currently ongoing national surveillance system that monitors you, me and everyone else that Washington DC might consider a threat. It is within this system that you find the real issue and motive for why Democrats and Republicans would be united in their effort to remove Donald Trump as a perceived threat.
Many people have written about the political goals of the January 6th committee, yet few people really grasp what DC is trying to hide and protect from the American people.
It is only when you fully understand their motives that you can fully appreciate the scale of what they will do to keep the system in place. A national surveillance system that was created by Dick Cheney and then later refined by Barack Obama.
The West is determined to invade Russia and they believe that they can destroy it despite the fact that they are no longer a communist nation or a threat. That does not seem to matter for they want war because Russia and China will not surrender their sovereignty to the United Nations under this Great Reset all for Climate Change & the WEF.
Indeed, many practical Western military strategists are starting to agree that Henry Kissinger’s advice must be taken and that peace negotiations should begin – NOW. There is a growing number of military strategists that realize that Russia and Belarus along with China and North Korea will all join to defeat the West and NATO which they see as the greatest threat now to humanity.
The West needs war because it can no longer maintain this Marxist socialism system borrowing endlessly with no intention to repay anything back. This is coming to an end. Our computer has warned 40 years ago that the target for the collapse of socialism was due in 2023. Communism fell in 1989 and now it is our turn in 2023. Marx’s theories will be remembered throughout history. I find it interesting that it is forbidden even in the Ten Commandments warning that this idea of rob from one class to hand to another has never worked. We must now pay the price for this theory. When it was first imposed, over 200 million people died resisting communism in Russia and China. It is ironic that now we are the Marxism trying to impose our will upon Russia and China. What goes around, comes around.
Russia has been unable to use its air power because NATO is providing Ukraine with all the tactical information needed so they only need to turn on their radar minutes before launching and as such Russia cannot destroy those systems which have been supplanted by NATO. Either Russia takes out the AWACs providing that information which then is an act against NATO. The West thinks it is very clever in this arrangement but they really have entered the war and it is just a matter of time that this escalates out of control.
The danger here is that the West is pushing Russia into a very dangerous position. Russia can terminate the entire supply of arms to Ukraine by destroying dams that also form key bridges over the Dnepr. However, they can score a complete defeat of Ukraine by launching several dozen tactical nuclear weapons. What will NATO do then? These clever tactics of NATO being in the war but pretending they are not is a very risky game.
It is not likely that the West will ever take the advice of Kissinger and apply pressure to Kyiv to come to the table and face this unpleasant reality that they must relinquish their claim to territory occupied by Russians who they absolutely hate.
Posted originally on the conservative tree house on July 15, 2022 | Sundance
During his press conference from Saudi Arabia, the installed occupant of the White House was asked about the possibility that congress will not pass the $500 billion spending proposal to continue the radical transformation of the American energy sector. [Transcript]
Q On the issue of climate, Joe Manchin obviously made significant news right now, which appears to be torpedoing what was one of your biggest priorities as it relates to energy and to climate back at home. Your message to those Americans right now who are looking for that relief that would have a wide impact as it affects the climate and energy specifically?
Joe Biden: “I am not going away. I’m going to use every power I have as President to continue to fulfill my pledge to move toward dealing with global warming.” Thank you very much.” [link]
Put another way, “you will eventually eat the bugs.”
As previously noted, regardless of how much chaos, crisis and hardship they create, the collective western government leaders are not going to stop pushing their Build Back Better climate change agenda. These are committed ideologues. They are united in their objective and not a single politician is willing to see the catastrophic damage they are creating.
We the citizens of the ‘western democracies’ are in an abusive relationship with our own governments’. The yellow vests in France, the MAGA movement in the U.S., the Australian labor unions, the Canadian Truckers and now the Dutch farmers are the unstable tremors for global political shifts.
They all followed the same pandemic spending instructions from the World Economic Forum, and western leaders have shown absolutely no desire to pull back and listen to the people as they move forward with their Build Back Better energy programs. Quite the opposite is happening.
Collectively those same leaders are charging head strong into their Build Back Better agenda, regardless of what that does to the global economy.
The collective sanctions placed against Russia are being used as a shield for the inflation created by their energy policy. Everyone is feeling the supply-side inflation from Europe to the United States. Additionally, their “climate change’ agenda and energy policies are creating economic turmoil, and now food insecurity
Their energy programs are creating massive global inflation. That inflation is building up frustration like a pressure cooker. People are growing increasingly desperate, and now the absence of food stability, a direct result of their collective attack on oil, coal and natural gas, could seriously change things. They are standing atop a powder keg they call “the great reset.”
The looming shortage of food could be the pressure point that fractures the tectonic political plates.
Posted originally on the conservative tree house on July 15, 2022 | Sundance
Transportation Secretary Pete Buttigieg, a cabinet ideologue with zero experience in business or transportation, appears in the news admitted the high price of gasoline is part of the Biden energy agenda to push people into purchasing electric vehicles. You’ll have a higher car payment, but you won’t pay for gasoline. WATCH:
Posted originally on the conservative tree house on July 15, 2022 | Sundance
After calling Crown Prince Mohammed bin Salman (aka MbS) a “pariah” for killing CIA operative Jamal Khashoggi, a Qatar-based Brotherhood member who was working under the CIA cover of a Washington Post press credential, Joe Biden now greets MbS in Saudi Arabia with a fist-bump. WATCH:
It is pretty clear from the way Biden was prepping for the introduction, that a fist-bump was agreed between both teams.
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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
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