This week’s news includes everything from Biden shaking hands with the air again, Pelosi’s insider trading, and how they are trying to turn the US into a third world country! Here’s Lies You Can Trust…
Every once in a while, you come across an article that seems like one thing but is actually another thing entirely. The NPR story of how “The U.S. made a breakthrough battery discovery — then gave the technology to China“, is one such article.
Several people sent this to us for opinion and review; however, the background of the article reveals something quite different. Then again, perhaps that’s exactly why NPR wrote it.
It is important to read the story as presented by NPR, because it is oddly written as if someone is trying to use the outlet to get out ahead of something else.
The issue surrounds a new product technology called a vanadium redox flow battery. Essentially the U.S. government funded scientists to develop an advanced battery that could store energy without degrading. After success, the technology was then sent to China for manufacturing. China then invested heavily in the product and used the technology to mass manufacture the battery for the global market. The United States is now behind in the product development and manufacture.
As the story is told in NPR, “the Chinese company didn’t steal this technology. It was given to them — by the U.S. Department of Energy. First in 2017, as part of a sublicense, and later, in 2021, as part of a license transfer.” Except that’s not what happened at all. There is some major ‘ass-covering’ in that false narrative.
The lead scientist working on the vanadium redox flow battery project was a man named Gary Yang. Mr. Yang was born in China and emigrated to the U.S. becoming a U.S. citizen. Yang worked with U.S. scientists to develop the technology and was funded by a multi-million research grant from the Dept of Energy.
After their initial success, according to NPR, “in 2012, Yang applied to the Department of Energy for a license to manufacture and sell the batteries.” The Dept of Energy license was granted, and Yang launched UniEnergy Technologies as the parent company to develop the commercial application of the product.
It’s 2012 and Gary Yang was now looking for investors and manufacturing in the commercial sector to produce the battery.
Here’s where it gets interesting…. According to Yang, “he couldn’t persuade any U.S. investors to come aboard. “I talked to almost all major investment banks; none of them (wanted to) invest in batteries,” Yang said in an interview, adding that the banks wanted a return on their investments faster than the batteries would turn a profit.” This is Yang’s justification for what he did next.
After he couldn’t find U.S. investors (which I will say up front seems like an excuse), Yang then took the technology to China to have them manufacture the product.
The Chinese embraced the technology, created entire manufacturing eco-systems around it and now corner the market on the technology behind vanadium batteries. However, giving the technology to China for manufacturing and development is a violation of the license Chang was given.
Yang even admits he knew it was not allowed. “Yang’s original license requires him to sell a certain number of batteries in the U.S., and it says those batteries must be “substantially manufactured” here. In an interview, Yang acknowledged that he did not do that.” Now we start to look a little more skeptically at the claims by Gary Yang, because a whole bunch of stuff just doesn’t add up.
As noted by NPR, five years after getting the license from the Dept of Energy, “in 2017, Yang formalized the relationship and granted Dalian Rongke Power Co. Ltd. an official sublicense, allowing the company to make the batteries in China.”
After China had fully developed the technology, they obviously no longer needed Gary Yang to go global with the product. As a result of what can only be considered as ‘getting cut out’, Yang -still holding the original DoE license- then turned to Europe.
Gary Yang not only sublicensed Chinese manufacturing, supposedly without DoE notification, in 2021 he sold the license to the Netherlands.
“In 2021, Yang transferred the battery license to a European company based in the Netherlands. The company, Vanadis Power, told NPR it initially planned to continue making the batteries in China and then would set up a factory in Germany, eventually hoping to manufacture in the U.S., said Roelof Platenkamp, the company’s founding partner.
Vanadis Power needed to manufacture batteries in Europe because the European Union has strict rules about where companies manufacture products, Platenkamp said. “I have to be a European company, certainly a non-Chinese company, in Europe,” Platenkamp said in an interview with NPR.”
Before moving on, let me recap because things are going to start making sense about why this story has some major ramifications. Also, don’t overlook the timing of events and keep in the back of your mind what you know about Hunter Biden (remember, ‘energy sector’ with no experience) and Biden’s deals with China being made in/around this same timeframe.
♦ 2006 – Pacific Northwest National Laboratory original grant. “It took six years and more than 15 million taxpayer dollars for the scientists to uncover what they believed was the perfect vanadium battery recipe.“
♦ 2012 – The lead scientist, Gary Yang, asks the Dept of Energy for a license. He then creates UniEnergy Tech.
♦ 2013/2014 – Unable to find investors in the U.S., Gary Yang enters a manufacturing and development agreement with China.
♦ 2017 – Gary Yang officially grants a sublicense to Dalian Rongke Power Co. Ltd in China.
♦ 2021 – Gary Yang then sells his license to Vanadis Power in the Netherlands.
Tell me again how this NPR sentence makes sense: “the Chinese company didn’t steal this technology. It was given to them — by the U.S. Department of Energy. First in 2017, as part of a sublicense, and later, in 2021, as part of a license transfer.”
Do you see anywhere in this reformatted outline where the U.S. Dept of Energy gave the technology to anyone, except Gary Yang?
The only entity responsible for transferring the technology to China was Gary Yang.
Now, with all that in mind, check out the date on the picture that NPR uses in their article:
Keep the guy on the left, Imre Gyuk, in mind as we move forward. Note the date of “2015” with Imre Gyuk and Gary Yang. They are standing together.
Remember in the NPR article, the baseline for why Yang took the technology to China was that he couldn’t find investors to manufacture in the United States.
The vanadium battery license in question would have come from Imre Gyuk’s office. Now, in addition to being the Director of Energy Storage Research in the Office of Electricity, of the Dept of Energy, Gyuk also held another role: “As part of the program he also supervises the $185M ARRA stimulus funding for Grid Scale Energy Storage
Demonstrations” {Citation}
The ARRA funds referenced were the Obama-era stimulus funds; the American Recovery and Reinvestment Act funds; the shovel ready jobs funds. Yet, Gary Yang cannot find investors?
Citation from 2014: “It’s not a given that lithium-ion batteries are the best batteries for electric cars, or for electrical grid storage. Other types of batteries today show promise, most of which you’ve never heard of: vanadium redox flow, zinc-based, sodium-aqueous and liquid-metal. Businesses looking to invest in batteries are deciding between these technologies and more. Market players will weigh the different technologies’ cost of manufacture, durability, usefulness.” {Citation} But Gary Yang couldn’t find U.S. investors?
Citation from 2014: “The forever battery.” A Silicon Valley startup run by old-school technologists has invented an energy storage device that could take an entire neighborhood off the grid. This magic box is called a Vanadium redox flow battery. {Citation} But Gary Yang couldn’t find U.S. investors.
Citation from 2016: “Cost-effective, reliable, and longer-lived energy storage is necessary to truly modernize the grid,” said Dr. Imre Gyuk, energy storage program manager for DOE’s Office of Electricity Delivery and Energy Reliability, of UET’s system. “As third-generation vanadium flow batteries gain market share, it is essential to increase our understanding of storage value and optimization to accelerate adoption of integrated storage and renewable energy solutions among utilities.” {Citation} But Gary Yang couldn’t find U.S. investors. {Here’s another Citation}
Citation from 2018: “On January 23, 2018, the Chinese Academy of Sciences hosted a meeting on energy storage with distinguished guests Dr. Imre Gyuk, director of energy storage research at the United States Department of Energy, and Dr. Gary Yang, CEO of UniEnergy Technologies. Dr. Gyuk and Dr. Yang were met by China Energy Storage Alliance Chairman and the Chinese Academy of Sciences Institute of Engineering Thermophysics Deputy Director Chen Haisheng, China Energy Storage Alliance Deputy Chairman and Beijing Puneng General Manager Huang Mianyan, and CNESA Standing Council Representative and general manager of State Grid Electric Vehicle Service Company Wang Mingcai.” (image below)
[SOURCE]
This meeting is important because Imre Gyuk and Gary Yang are together, in China in 2018. The year after the Dept of Energy license given to Gary Yang was unlawfully sublicensed to the Chinese.
NPR is correct in that U.S. taxpayers funded six years of research and development for vanadium redox flow batteries (2006-2012), and once the product was successful the technology was transferred to China (2014-2017) as part of the commercial manufacture. However, it was Gary Yang who gave it to them, and by all appearances he did so unlawfully.
There is going to be much more to this story…. Much more. We have only just begun to dig.
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Politico is reporting on the likelihood that Joe Biden is preparing to extend the national COVID-19 state of emergency through the 2022 midterm elections.
The debate, as outlined in just about every media narrative surrounding renewals of a national COVID emergency, is obtusely presented as if the primary political concern is public health.
Again, everyone must pretend not to know the true motive of the “emergency” is extending unilateral executive power and all of the control mechanisms therein. One mechanism would include the use of ‘Mail-in election ballots‘, which has absolutely nothing to do with public health.
The article appears to be somewhat testing the proverbial public winds.
WASHINGTON – The Biden administration is expected to extend the Covid-19 public health emergency once again, ensuring that federal measures expanding access to health coverage, vaccines and treatments remain in place beyond the midterm elections, three people with knowledge of the matter told POLITICO.
The planned renewal follows extensive deliberations among Biden officials over the future of the emergency declaration, including some who questioned whether it was time to let the designation lapse.
Under the proposed extension, the Department of Health and Human Services would continue the declaration beyond the November elections and potentially into early 2023 — pushing the U.S. into its fourth calendar year under a Covid public health emergency.
[…] Some health officials also feared that formally ending the public health emergency would dampen any remaining sense of urgency in Congress to allocate additional money toward the Covid response. The administration’s request for billions more dollars to bolster its stockpiles of vaccines, tests and treatments has stalled for months in the Senate, even as officials warn the funding shortage risks hampering their ability to continue the pandemic fight. (read more)
Steve Bannon gives a keynote address to the audience at the CPAC convention in Dallas, Texas. During the beginning of his remarks, Bannon and the audience salute Arizona Republican gubernatorial candidate Kari Lake for her ferocity standing fearlessly in front of the firestorm and winning the primary contest.
Later in his unscripted remarks, around the 09:00 mark, Bannon begins discussing the Fourth Branch of Government. WATCH:
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Originally posted on Bill Whittle in early July 2022
Watch the animation here: https://youtu.be/PnLo3Quw2mA Our Members make our world go round. Join us as a Citizen Producer by clicking here: https://BillWhittle.com/register/
McDonalds has announced they are dropping their program testing plant-based meats because people didn’t like it.
As noted by the Washington Times, “other trials at Panda Express and Yum! Brands (KFC, Taco Bell, and Pizza Hut) have also ended without a subsequent product launch. Beyond Meat products at Dunkin’, Hardee’s, and A&W have been discontinued after launching.”
Apparently, American consumers do not want to eat fake meat; at least not fake meat made from plants.
Next up…. Bug meat.
The good news is that gasoline prices have dropped in the past several weeks to an average of $4.13/gal. However, the bad news is that most of the drop in price is related to gasoline demand dropping to the same level as July 2020 during the pandemic lockdown phase.
Obviously, $4.13/gal is still a very high price for gasoline, and that is leading to fewer people purchasing gasoline.
(Via Fox) – […] New data from the Energy Information Administration (EIA) shows that gas demand dropped from 9.25 million barrels per day to 8.54 million per day last week. That’s 1.24 million barrels per day lower than last year and “in line with demand at the end of July 2020,” when there were widespread virus-related restrictions and fewer people were hitting the road, according to AAA.
The latest demand figures bolster a recent AAA survey that revealed 64% of drivers had changed their driving habits or lifestyle since March to offset the high prices at the pump. (read more)
If you think about the position of the Organization of Petroleum Exporting Countries (OPEC or OPEC+), it makes sense for them to recognize the intentions of the western leaders to shrink the western industrial economies and respond accordingly.
OPEC knows North American and European leaders are intentionally reducing economic activity in an effort to lower the economy to match the lower level of energy production. This is the “managing the transition phase” of the Build Back Better agenda, the intentional shrinking of the economy through energy and monetary policy.
Knowing that, it makes sense that OPEC would not produce additional oil into a globally shrinking economic system. Producing more oil would be against their own economic interests.
A few days ago, we were discussing the disconnect within the economy as it relates to corporate valuations. The Bureau of Labor Statistics report today [DATA HERE] highlights another economic disconnect, this time with labor. According to the BLS survey 528,000 jobs were added to the economy in July, the unemployment rate drops to 3.5%.
The household data [Table A] shows the number of eligible workers unemployed dropped 242,000; however, the number of eligible workers no longer in the workforce increased by 239,000. The total labor force is shrinking as unemployment drops.
Keep in mind the previous BLS survey of job openings (JOLTS report) showed available jobs dropped 605,000 in July. “On the last business day of June, the number and rate of job openings decreased to 10.7 million (-605,000) and 6.6 percent, respectively. The largest decreases in job openings were in retail trade (-343,000), wholesale trade (-82,000), and in state and local government education (-62,000).” [JOLTS survey]
Going back to today’s release, 303,000 part-time jobs were added in July; these are workers working part-time for economic reasons. The Household Data shows that within the leisure and hospitality sector [Table B-1] restaurants and bars added 74,000 jobs.
If we combine both BLS surveys two days apart is: 605,000 job openings cancelled, and 528,000 new jobs gained.
Of the 528,000 new jobs gained, 303,000 were part time jobs with the largest growth in the jobs in restaurants and bars.
Again, blending data from both reports and focusing on retail. The retail sector cancelled 343,000 job openings in July, and the retail sector added 21,600 jobs in July. Within the retail sector (table B-1), jobs at automotive dealers, furniture stores and clothing/apparel stores dropped by a combined 7,200 jobs.
BIG PICTURE: ♦Energy prices are squeezing consumers and paychecks. ♦Energy driven inflation is high. ♦Rising housing costs, food costs, gasoline costs and energy costs have hit the consumer hard. ♦Credit card balances have jumped (highest increase since ’02). ♦Consumer sales on non-essential items have dropped. ♦Factory activity around the world (Asia and Eurozone) is slowing or has stopped. ♦Durable goods inventories have climbed everywhere. ♦Shippers of durable goods are not shipping. ♦Employment in auto sales, furniture and clothing have all declined. All of these datapoints align.
Everything in that “big picture” is fact based on current data, and it all makes sense. However, there is still a disconnect in the big picture.
How does an economy add over 4 million jobs this year, while simultaneously shrinking?
The value of those jobs has to diminish in proportion to the economic contraction. The disconnect only reconciles if the wages which lead to eventual spending. With wage growth at 5.2% and the cost of everything up 9.1% (inflation), the difference between the two is how the economy shrinks even with more jobs added.
Think of all the activity (buying stuff, eating out, ordering food etc) as units. All of the unit activity costs more money, but the earnings of the workers is only keeping pace with half of the increase in price. Therefore, less units are being engaged made, sold and purchased.
The GDP, which measures the value of everything created in the economy (minus imports) dropped 1.6% in the first quarter and 0.9% in the second. The unit economy is contracting.
As I have said before, “an intentionally managed decline of western economic activity should have a direct impact on the private corporations within those economies. If the politicians are collectively going to stop energy development, raise energy prices (inflation), then use monetary policy to shrink the economy down to the level of energy available, we would normally think corporations were going to make less money.”
However, in our current scenario, as long as price increases (energy inflation) can be passed along and wage gains can remain low, the profitability remains strong. Here’s the worst part of this dynamic. The people investing in the profit get richer, the workers creating the profit get poorer.
Our Joe Biden economy, and the economy of the western nations that are following this same climate change agenda, is getting smaller. Within the smaller economy, the rich are getting richer and the workers within the Joe Biden economy are getting poorer.
Imagine you woke up from a 19 year coma and it’s the year 2022…
My mother died at 99. She had her wits about her til the end. Not everyone loses their mind. Henry Kissinger, I regard as the finest geopolitical analyst in history. That person in the Biden Administration who is the real president writing the scripts is only interested in climate change and the Great Reset. They pushed the sanctions against Russia, which have divided the world and ended the global economy. They are already preparing ways for us to eat bugs. Cricket powder is starting to show up in the food supply.
Meanwhile, there is absolutely no evidence that any sanction against a country has ever worked. Iran has been under sanctions for as long as I can remember. These morons are pushing the world into a serious geopolitical confrontation that will not end nicely. We have reached the 8.6-year turning point from the 2014 Ukrainian Revolution. This does not speak well for what we face in 2023. All I can say is I really hope the Democrats do not allow illegal aliens to vote. I fear that will spark a serious uprising, and then you will get a REAL insurrection — not a fake January 6th event to create publicity for the November 2022 election.
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!
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