Baby Formula Crisis is a Major Issue for Democrats and the Dependency Coalition, Half of all U.S. Baby Formula Sales are Made with WIC Subsidy


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

If you’ve noticed the democrats being a bit more worried about the baby formula shortage crisis, there’s a good reason for that.  Baby formula is very expensive for the working family.  Subsidizing low-income parents with free infant formula has been dependency initiative for the democrats for a long time.

It’s not just the regular store-bought formula that is in extremely short supply, the government groups and NGO’s that provide the free formula are also out of stock.   The free formula dependency crowd is far madder than the paying purchaser, that spells trouble for democrats.

Democrat Speaker of the House Nancy Pelosi, noting the extreme political damage her House members could feel from an angry dependency base, said today the baby formula shortage is the worst possible crisis in decades.  She called it “unconscionable and tragic,” and in her statement outlined the scale of the problem for Democrats in office:

…”The shortage has taken an especially dangerous toll on women and children from underserved communities: about half of infant formula sold nationwide is purchased with WIC (Women, Infant and Children) benefits.”  (LETTER)

Half of the infant formula sold nationwide is purchased with WIC subsidy?  That’s why the issue is getting urgent attention from Democrats.

Global COVID Summit Declaration IV


A Joint Statement, representing 17,000 Physicians and Medical Scientists to End the National Emergency, Restore Scientific Integrity, and Address Crimes Against Humanity

Robert W Malone MD, MS22 hr ago1,516104

The time is now. As most readers of this substack are now well aware, this is not just about COVID. The constitution hangs in the balance. Please help us to get these messages spread far and wide. The 17,000 Physicians and Medical Scientists in our organization, who are not financially conflicted and remain committed to the Hippocratic Oath, are doing our part. Now we ask that you help us to help you. We need your help.

https://globalcovidsummit.org/news/declaration-iv-restore-scientific-integrity

Alternative link


Global COVID Summit, Declaration IV

A Joint Statement, representing 17,000 Physicians and Medical Scientists 

To Restore Scientific Integrity

17,000 Physicians and Medical Scientists Declare that the State of Medical Emergency must be lifted, Scientific integrity restored, and crimes against humanity addressed.


17,000 physicians and medical scientists declare that the state of medical emergency must be lifted, scientific integrity restored, and crimes against humanity addressed.

We, the physicians and medical scientists of the world, united through our loyalty to the Hippocratic Oath, recognize that the disastrous COVID-19 public health policies imposed on doctors and our patients are the culmination of a corrupt medical alliance of pharmaceutical, insurance, and healthcare institutions, along with the financial trusts which control them. They have infiltrated our medical system at every level, and are protected and supported by a parallel alliance of big tech, media, academics and government agencies who profited from this orchestrated catastrophe.

This corrupt alliance has compromised the integrity of our most prestigious medical societies to which we belong, generating an illusion of scientific consensus by substituting truth with propaganda. This alliance continues to advance unscientific claims by censoring data, and intimidating and firing doctors and scientists for simply publishing actual clinical results or treating their patients with proven, life-saving medicine. These catastrophic decisions came at the expense of the innocent, who are forced to suffer health damage and death caused by intentionally withholding critical and time-sensitive treatments, or as a result of coerced genetic therapy injections, which are neither safe nor effective.

The medical community has denied patients the fundamental human right to provide true informed consent for the experimental COVID-19 injections. Our patients are also blocked from obtaining the information necessary to understand risks and benefits of vaccines, and their alternatives, due to widespread censorship and propaganda spread by governments, public health officials and media. Patients continue to be subjected to forced lock-downs which harm their health, careers and children’s education, and damage social and family bonds critical to civil society. This is not a coincidence. In the book entitled “COVID-19: The Great Reset”, leadership of this alliance has clearly stated their intention is to leverage COVID-19 as an “opportunity” to reset our entire global society, culture, political structures, and economy.

Our 17,000 Global COVID Summit physicians and medical scientists represent a much larger, enlightened global medical community who refuse to be compromised, and are united and willing to risk the wrath of the corrupt medical alliance to defend the health of their patients.

The mission of the Global COVID Summit is to end this orchestrated crisis, which has been illegitimately imposed on the world, and to formally declare that the actions of this corrupt alliance constitute nothing less than crimes against humanity.

We must restore the people’s trust in medicine, which begins with free and open dialogue between physicians and medical scientists. We must restore medical rights and patient autonomy. This includes the foundational principle of the sacred doctor-patient relationship. The social need for this is decades overdue, and therefore, we the physicians of the world are compelled to take action.

After two years of scientific research, millions of patients treated, hundreds of clinical trials performed and scientific data shared, we have demonstrated and documented our success in understanding and combating COVID-19. In considering the risks versus benefits of major policy decisions, our Global COVID Summit of 17,000 physicians and medical scientists from all over the world have reached consensus on the following foundational principles:

  1. We declare and the data confirm that the COVID-19 experimental genetic therapy injections must end.
  2. We declare doctors should not be blocked from providing life-saving medical treatment.
  3. We declare the state of national emergency, which facilitates corruption and extends the pandemic, should be immediately terminated.
  4. We declare medical privacy should never again be violated, and all travel and social restrictions must cease.
  5. We declare masks are not and have never been effective protection against an airborne respiratory virus in the community setting.
  6. We declare funding and research must be established for vaccination damage, death and suffering.
  7. We declare no opportunity should be denied, including education, career, military service or medical treatment, over unwillingness to take an injection.
  8. We declare that first amendment violations and medical censorship by government, technology and media companies should cease, and the Bill of Rights be upheld.
  9. We declare that Pfizer, Moderna, BioNTech, Janssen, Astra Zeneca, and their enablers, withheld and willfully omitted safety and effectiveness information from patients and physicians, and should be immediately indicted for fraud.
  10. We declare government and medical agencies must be held accountable.

INFLATION – RECESSION – RISING RATES RATHER THAN LOWER RATES


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

COMMENT: Marty, I want to thank you so much for the WEC. Perhaps you will consider doing one that is streamed in the middle of this craziness. I have listened to many analysts. But you are head and shoulders above everyone. Only you called for declining economic growth, rising inflation, and rising interest rates in spite of a recession. I understand it is Socrates that puts this all together. But we really need you now.

Please, Please, Please!

WL

ANSWER: I will consider it. My days are full and I cannot even begin to explain everything that is coming in from sources around the world. The “Stickly” core inflation, which does not include food or energy, made its low perfectly on its 31.4-year decline from the highest yearly closing in 1979 to the bottom in 2010. This is really important to understand because while food and energy are rising faster, they filter over into the core inflation and are driving that higher at a faster pace. We are looking at everything rising, much as was the case during the 1980s. Even ticket prices are rising in sports.

I understand that people THINK that Paul Volcker conquered inflation by pushing interest rates to insane levels. Let’s get something straight — the high-interest rates did NOT stop the inflation. Volcker drove the value of the dollar higher and that produced DEFLATION, driving the British pound to $1.03 by 1985.

Raising rates does NOT stop inflation; it will only increase it when we are dealing with a SHORTAGE rather than an excessive demand boom. The same result will unfold with the rising dollar BECAUSE of the rising rates and that produces deflation, but we have the stupidity of those pulling the strings in the Biden Administration and Europe for climate change. They are in power now and want to destroy as much of the energy system as they can because they fear the election cycle will swing against them so they must destroy whatever they can right now.

Food shortages will get MUCH worse into 2023, and we will see power failures this summer in different parts of the US and Europe. There are people in the Biden Administration who simply want to destroy as much as possible in the energy sector in hopes that the Republicans can do nothing if they take back control.

Airlines Playing Russian Roulette with Passengers’ Lives


Armstrong Economics Blog/Vaccine Re-Posted May 11, 2022 by Martin Armstrong

Airlines are playing Russian roulette with passengers’ lives after numerous pilots experienced heart attacks, which is believed to be a direct result of the vaccine mandate.

American Airlines Captain Robert Snow was flying an Airbus 231 carrying 200 passengers. An otherwise healthy Snow experienced a sudden heart attack six minutes after landing. Snow said he dreamed of teaching his daughter to fly one day but will likely never fly again.

The US Freedom Flyers are a group of volunteers within the transportation sector fighting to end vaccine mandates. They are warning the government that a tragedy could be on the horizon due to the FAA initially mandating vaccines under Biden’s guidance. The group would like all vaccinated pilots to receive medical clearance through EKGs and MRIs to rule out blood clotting issues. Once a pilot loses their FAA medical clearance, their career is over.

United Airlines even issued a “pilot incapacitation” manual and urged pilots and co-pilots to report incidents. As it stands, pilots are not permitted to fly for 48 hours after receiving the vaccine. However, the side effects could occur much later, and no one is seriously investigating why pilots are falling ill. “It’s as simple as standing up and saying NO! When we join together, we are an unstoppable force,” the US Freedom Flyers said.

Dr. Fauci was asked about the issue last October. “ I’m sure there is a very, very, very, very rare exception, but the long-term effects are really essentially nonexistent,” Fauci claimed. “Getting COVID is far, far worse than getting vaccinated for absolutely certain.”

Nuclear Deterrence


Armstrong Economics Blog/War Re-Posted May 11, 2022 by Martin Armstrong

QUESTION: Hi Martin,

I work on defense issues for my job, but I am no Neocon. Second Strike works just fine too or more likely “Launch Under Attack” (LUA), and even with older weapons. Everybody goes down together and most likely via miscalculation especially given possible Nuclear Winter which given Volcano data actually looks plausible. No prior intention is required to commit National suicide. Read Admiral Richards (STRATCOM) latest Congressional testimony yesterday. A  “Crisis In Nuclear Deterrence” and it could be the Brits who initiate any escalation and not the U.S.by the way. Same Trident-D-5 SLBM’s and Russia could not tell them apart.

There are some Neocons who are aware of your work like Bill Kristol, and others. They will never allow the shift from West to East to occur. I have actually heard some of them say that. It is their hold card. By the way, could you clarify when you believe the full-scale war will break out? You have suggested Q-1 2023, 2024 (especially May 7/8 ECM turn), after 2024, 2027, and 2028. I understand it may escalate in stages, but how long does Socrates believe we have before it goes full scale? My guess is June 2024 as Economic factors are ignored by “The Post Cold Warriors”.

Best,
Ken.

COMMENT: Marty, you are right again. Admiral Richard agreed with you that nuclear arms are no longer a deterrent to war. The Ukraine conflict shows Russia was not afraid of nuclear weapons from NATO or the US. It is all economics.

Thanks for what you do.

KM

ANSWER: I know virtually every intelligence agency looks at Socrates. They all want to know the forecasts of Socrates, for it’s not my personal opinion. All I can hope to do is scream loud enough that perhaps I can reduce the amplitude of events. But Socrates has NEVER been wrong on any geopolitical forecast in my lifetime. Personally, we all have opinions. But that will also change week to week based on events. That’s why personal opinion will not cut it, for this is far more complex than we can even speculate.

I really do not care what the Neocons do. They will never prevent the shift of the economic power from the West to the East. China has surpassed Europe, and it is neck and neck with the USA now. This is a cycle that cannot be defeated. All they are doing is fulfilling the cycle with this nonsense. World peace is created by interdependency, as was the case with the Roman Empire and the Pax Romanum, Roman peace.

I am doing a full report on the question. Tensions are rising post-2020 after they got Biden in office. We will see escalation begin in 2023, but the prospect of a world war is more likely post-2024. I question if Putin will be there during that time more than Biden. Putin will be followed by even hardline advocates, for they are well aware that this Proxy War is really a war between the USA and Russia.

Yes, the head of U.S. Strategic Command Adm. Charles Richard, who does oversee the nuclear arsenal, warned Congress that the USA faces a heightened nuclear deterrence risk when it comes to Russia and China. The cutting of the defense budget and even Biden’s threat to dishonorably discharge any member of the military who was not vaccinated has shown that the US thinks it can control the world with the threat of nuclear weapons while reducing the conventional capability.

Adm. Richard warned: “We are facing a crisis deterrence dynamic right now that we have only seen a few times in our nation’s history.” He continued stating bluntly: “The war in Ukraine and China’s nuclear trajectory — their strategic breakout — demonstrates that we have a deterrence and assurance gap based on the threat of limited nuclear employment.” He further warned that China is “watching the war in Ukraine closely and will likely use nuclear coercion to their advantage in the future. Their intent is to achieve the military capability to reunify Taiwan by 2027 if not sooner.”

Nuclear weapons are no longer a deterrent. They did not stop the US from going into Iraq, the Vietnamese War, or this one in Ukraine. The idea that building nuclear capability will somehow compel world peace is a delusion. This is essentially what Admiral Richard has scolded Congress about. The US conventionally is not a match for Russia and China. North Korea alone has an army of 1.5 million. That is double the size of both sides in Ukraine right now.

JoeBamanomics, 77 Percent of Americans Rate Economy as Poor, 23 Percent Say Good, 63% of Americans Buying Fewer Groceries


Posted originally on the conservative tree house on May 4, 2022 | Sundance 

CNN conducted another poll to evaluate voter trends [pdf data here].  The results show a significant drop in American opinion of the economy with 77% rating the current status as “poor,” and 23% saying it’s “good.”  Additionally, 66% of people polled disapprove of the way Biden is handling the economy.

As CNN painfully noted: “Even within the Democratic Party, just 7 in 10 approve of Biden on the economy (71%) and helping the middle class (71%), considerably lower than the 86% of Democrats who approve of his performance overall. Fewer than half of Democrats say Biden has improved the nation’s economic standing (45%), down from 58% in December.” (article link)

In the video discussion, CNN Political Director David Chalian is just gobsmacked, stunned and amazed that 63% of these people are saying they are buying fewer groceries because stuff is just too expensive. WATCH:

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Whenever voters put democrats in charge of the economy, it just sucks.

Full Poll Pdf HERE }

Joe Biden Rails Against Inflation He Created


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

Even with dementia I doubt seriously Joe Biden believes the nonsense he read from his prepared script today.  Every economy policy the Biden administration has triggered, specifically including the Green New Deal energy policy, has caused massive inflation.

The national average price per gallon of gasoline was $2.33 in January 2021, according to the U.S. Energy Information Administration (EIA). It has increased nearly 84% when compared to the current national average price of $4.28 per gallon {link}.  Petroleum and refined gasoline costs are embedded in every aspect of the production economy.  Additionally, Biden’s restrictions, and later policies, on natural gas and coal have caused overall energy costs to skyrocket. Again, these are cornerstones of economic inflation.

During a ridiculously obtuse speech today [Full Speech Here], part of which is in the excerpt below, Biden claims there are only two sources of inflation: (1) the pandemic (covid-19); and (2) Russia’s invasion of Ukraine.  I often accuse democrats of pretending not to know things, however these false attributions are far beyond pretense, they are purposeful lies. WATCH:

Beyond the claims about inflation, a visible pile of bovine excrement is noted in the sentences around Ukraine grain supplies.  Notice there is no supply chain issue pushing thousands of tons of military hardware into Ukraine; however, Biden claims they cannot get grain supplies out of Ukraine.  He cannot even see the hypocrisy in his own script.

Sending more than $50 billion in U.S. taxpayer money to Ukraine while those same U.S. taxpayers are crushed under the weight of the inflation that type of spending creates, is beyond blood-boiling.  We are currently in an abusive relationship with our own government and Joe Biden is the cognitively challenged, disposable front man sent to the cameras to gaslight the American people.

An Important German Documentary on Ukraine


Armstrong Economics Blog/Ukraine Re-Posted May 7, 2022 by Martin Armstrong

This is a MUST-watch Documentary from a German journalist who has been on the ground. It is important to see the other side of events for anyone who only listens to one side, is denied the very idea of free thought.

A number of people asked to see an ECM on Zelensky himself. This lines up perfectly with the final wave for Ukraine as well between 2021 into 2025 where it is highly likely we will see war escalated post-2024. Zelensky got his staring role to pretend to be a comedian who became president in line with the ECM turning point 2016.75 which marked the peak in confidence in government globally. 2016 saw both Brexit and Trump win which were direct blows to the establishment.

Good News 428,000 Jobs Added in April, Bad News April Employment Drops by 363,000 Workers


Posted originally on the conservative tree house on May 6, 2022 | Sundance

Good News 428,000 Jobs Added in April, Bad News April Employment Drops by 363,000 Workers

May 6, 2022 | Sundance | 112 Comments

The employment news has everyone confused.  The Bureau of Labor and Statistics (BLS) reports today 428,000 jobs were added [DATA HERE] which is good.  We want to see people getting back to work.  However, simultaneously the number of people employed dropped by 363,000 and the labor participation rate dropped from 62.4 last month to 62.2 this month [Table A, DATA].  The unemployment rate remains unchanged at 3.6 percent.

That wildly conflicting set of data has led to a seriously frantic discussion about what is going on.  Here’s my take….  The majority of the irreconcilable data can be reconciled on this one basic Main Street employment scenario that is never tracked, people are job jumping.

Inflation is crushing main street workers at an astounding pace.  Housing, energy, gas and food prices -all the unavoidable stuff- are hitting blue collar workers the hardest.

However, in reality the key businesses inside the sectors with the most rapid employment gains, Leisure and Hospitality, are the last to raise prices.

Generally those jobs fall under the category of service workers.  The leisure and hospitality sector gained 78,000 jobs last month.

What we are seeing in the sporadic data is wage growth being driven in majority by increased entry wages on the hiring end of the employment relationship.

Because inflation is hitting so hard, so high and so quickly; and because businesses are slower to respond to the wage needs of current payroll staff; people are quitting one employer to take a linear job at another employer at a higher entry wage.   This is the fastest way to get a raise. This is job jumping.

Job jumping is the fastest way to increase your wages in an employment market where labor demand exists and price inflation is high.  As this process takes place at a national scale, we end up seeing data skews on job “creation.”   Lots of jobs added (+428k) and yet on the alternate side of the ledger, net employment losses (-363k) because there is a lag in the labor data collection.

Obviously, there are other aspects, but ‘job jumping’ is a significant contributor to the skewed and seemingly contradictory data.  We’ve all done it, especially in times when good dependable workers (like you) are a prized resource.

All of the shifting employment data (in almost every sector) is being hit by inflation.  High costs of living and higher costs of operation, combine to create shakeups in the employment picture.  Stable things become unstable as all elements impacted by inflation (workers and businesses) look out for their best interest.

Everyone is trying to survive, deal and cope with big price increases in food, fuel and shelter.  Inflation can be extremely destabilizing and destructive.

On CNBC Rick Santelli drives home another facet that emphasizes the problem.  These price increases are structural and most of them are unavoidable. The prices will never come down because the costs are fully embedded.   WATCH:

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Rick Santelli does the pantomime with panache’.

Fertilizer Prices Continue Rising, Increasing Fears of Global Grain Costs and Shortages


Posted originally on the conservative tree house on May 6, 2022 

As CTH has noted since last October the rapid increases in fertilizer costs could potentially create a major issue for global food supplies later this summer.  As the farming costs continue escalating, including fertilizer and diesel fuel prices, this will eventually lead to major price increases on the harvests.   Field to fork inflation is looking increasingly severe later this year; what we have called the third wave of inflation.

Beyond prices, a primary impact in the U.S. market, concerns are now escalating about grain shortages {SEE HERE} and lower European crop yields which will lead to less food products on a global basis.   According to information shared by ZeroHedge, “We think it will take at least 2-3 years to replenish global grains stocks,” Illinois-based CF Industries Holdings Inc.’s president and chief executive officer Tony Will said in a statement in Wednesday’s earnings report.”

Axios is reporting on the continued escalation of fertilizer prices; however, they conveniently and purposefully avoid noting the origin of the problem in North America is directly the result of Joe Biden’s immediate energy policies that drove up the costs of natural gas (a critical component):

AXIOS – “Skyrocketing fertilizer costs — like those made from nitrogen, phosphorus and potassium (NPK) — are driving up food prices and, worse, threatening food security around the globe.

State of play: Prices for NPK were up 125% in January from a year before, and rose another 17% from the beginning of the year to March, according to data compiled by the International Food Policy Research Institute (IFPRI).

  • The looming European ban on Russian natural gas (a critical component in manufacturing some fertilizers) could worsen the situation.
  • “We’re in a dire situation right now,” said Svein Tore Holsether, the CEO of fertilizer maker Yara International, at a seminar hosted by IFPRI this week.
  • If farmers use less fertilizer, they can’t produce as many crops — and that raises the specter of “malnutrition, political unrest and, ultimately, the otherwise avoidable loss of human life,” Bloomberg reported.

The big picture: Prices for these heavily traded raw materials were already rising in 2021, because of a myriad of factors: Hurricane Ida in the U.S., an upsurge in demand after the pandemic, supply chain issues, and rising natural gas prices that predated the war in Ukraine. (more)

It is clear to see the lower price of fertilizer when President Trump triggered U.S. energy independence through his use all resources method of energy development.  Oil and natural gas prices dropped significantly as a part of the Trump energy policy which was directly connected to the his overall U.S. America-First economic policy.

We went from Trump inspired energy independence, low gasoline prices and the stable export of liquified natural gas (LNG) – to energy dependence, high gasoline prices and extreme increases in natural gas prices as a direct result of Joe Biden energy policy.

The downstream consequences of energy policy are extremely severe.  Higher energy costs, higher petroleum costs, higher transportation costs and higher raw material costs drive inflation on all manufactured goods, including farm products.

The energy policy is not a mistake. These economic outcomes are a direct result of Joe Biden executing his Green New Deal / Build Back Better energy policy.  Shortages of food are an outcome of chasing the climate change unicorn energy policy.

Yes, there is a direct connection between climate change energy policy and people starving around the world as a result of it.