Posted originally on the conservative tree house on June 23, 2022 | Sundance
To say the recent remarks from German Economic and Climate Minister Robert Habeck showcase the stupidity of the western sanctions would be an understatement. In a broad energy policy announcement to the German people, Minister Habeck has announced that natural gas is now urgently being stored and built up in order to survive next winter.
Additionally, the German parliament is being called into emergency session to re-write climate laws allowing coal-fired electricity power plants to be brought back on-line. Essentially, years of German renewable energy investments and initiatives are now being reversed in order to maintain the commitment to NATO sanctions against Russia.
GERMANY – Minister Robert Habeck […] “The situation on the gas market has deteriorated in recent days. The missing quantities can still be replaced, and the gas storage tanks are still being filled, albeit at high prices. Security of supply is currently guaranteed. But the situation is serious. We are therefore further strengthening precautions and taking additional measures to reduce gas consumption.
[…] In order to reduce gas consumption, less gas is to be used to produce electricity. Instead, coal-fired power plants will have to be used more. […] That means, to be honest, more coal-fired power plants for a transitional period. That’s bitter, but in this situation it’s almost necessary to reduce gas consumption. We must and we will do everything we can to store as much gas as possible in summer and autumn. The gas storage tanks must be full in winter. That has top priority, ”said Habeck. (read full remarks)
In order to unbuckle themselves from dependence on Russian pipelines, Habeck also announced that floating Liquified Natural Gas terminals will have to be created so they can source LNG from other nations. Currently Germany has no port system to offload LNG, they will be purchasing and leasing floating ships to act as LNG terminals.
I am reminded of the prior warning to Germany from U.S. President Donald Trump. It’s worth remembering that U.S. media blasted President Trump for being so brutally honest in his NATO remarks where he warned about the danger of Germany being so dependent on Russia for oil and gas. WATCH:
Posted originally on the conservative tree house on June 22, 2022 | Sundance
… And if they don’t, they are Russian sympathizers.
Delivering remarks from the stage built next to the White House, earlier today Joe Biden demanded that congress and states suspend gasoline taxes for 90-days in order to offset the massive price increases his energy policy has created. {Transcript Here} Additionally, Biden says any political opposition to his demand means his opponents support Russia:
“for all those Republicans in Congress criticizing me today for high gas prices in America, are you now saying we were wrong to support Ukraine? Are you saying we were wrong to stand up to Putin? Are you saying that we would rather have lower gas prices in America and Putin’s iron fist in Europe? I don’t believe that.” {Direct Rumble Link}
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It will be worth watching how California Governor Gavin Newsom responds to this instruction. California has the largest gasoline taxes in the nation and uses them to fund the majority of their left-wing policies.
Full video and transcript below.
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[Transcript] – “Good afternoon, everyone. I’d like to talk to you about the actions I’m announcing to bring down gas prices.
First, today I’m calling on Congress to suspend the federal gas tax for the next 90 days, through the busy summer season — busy travel season.
Here’s what that means: Every time you go to the gas station to fill your tank, the federal government charges an 18-cent tax per gallon of gas that you purchase and a 24-cent tax per gallon of diesel you purchase. It’s a tax that’s been around for 90 years.
It’s important because we use it for the Highway Trust Fund to keep our highways going. But what I’m proposing is suspending the federal gas tax without affecting the Highway Trust Fund.
And here’s how we do that: With the tax revenues up this year and our deficit down over $1.6 trillion this year alone, we’ll still be able to fix our highways and bring down prices of gas. We can do both at the same time.
By suspending the 18-cent gas tax — federal gas tax for the next 90 days, we can bring down the price of gas and give families just a little bit of relief.
I call on the companies to pass this along — every penny of this 18-cents reduction — to the consumers. This is — there’s no time now for profiteering.
There are a number of other proposals by Democrats in the House and the Senate, and I hope my call for action can help move those proposals forward as well. But we can also cut gas prices even more in another way.
That’s why the second action I’m taking is calling on states to either suspend the state gas tax as well or find other ways to deliver some relief.
State gas taxes average [another] 30 cents per gallon. Already, some states have acted.
In Connecticut and New York, the governors have temporarily suspended their gas tax as well.
In Illinois and Colorado, governors delayed theirs to give families a bit more breathing room as well.
In Minnesota, Governor Walz proposes using state budget surpluses to give households a rebate that will help them pay for gas at the pump or other essential needs.
I’m calling on more states and local governments to take actions like these.
Thanks to our historic economic recovery, which fortified state budgets that had been hurt in the pandemic, states are now in a strong position to be able to afford to take some of these actions.
Now, I fully understand that a gas tax holiday alone is not going to fix the problem, but it will provide families some immediate relief — just a little bit of breathing room — as we continue working to bring down prices for the long haul.
Third, I’m calling on the industry to refine more oil into gasoline and to bring down gas prices.
Let me explain. I know my Republican friends claim we’re not producing enough oil and I’m limiting oil production. Quite frankly, that’s nonsense.
Here’s the truth: Just this month, America produced 12 million barrels of oil per day. That’s the highest — that’s higher than average under my predecessor. And I’m — we’re on track to set a new record for production next year.
Plus, I’ve added to that supply of oil by releasing a record 1 million barrels of oil per day from what’s called the Strategic Petro- — Petroleum Reserve.
In fact, I just led the world to coordinate the largest release of global oil reserves in history, including from other countries. In total, that’s 240 million barrels to boost global supply.
And Republicans falsely claim that I’m blocking production on federal lands. But again, that’s nonsense.
The industry has more approved permits for production on federal lands than they can possibly use. That’s a fact.
My administration also directed the sale of gasoline using homegrown biofuels — ethanol, E15 — this summer, which will boost gasoline supplies and lower the price at thousands of gas stations across America.
And I welcome the recent announcement from what’s known as the OPEC+, a group of nearly two dozen oil-producing nations, to increase global oil supply.
The bottom line is: We are setting records in terms of American energy production. We’re supplementing that supply with a release from our oil reserves. So the issue isn’t oil production alone; the problem is the refining of that oil into gas at the pump.
During the pandemic, some oil and gas companies shut down refining facilities.
Last week, I sent a letter to the CEOs of the largest oil-refining companies asking them to work with my administration to bring refineries back online to get more gas to the pump at lower prices.
The Secretary of Energy, Jennifer Granholm, and members of my team will be meeting with many of these refining companies tomorrow. And I hope they’ll come up to the table with some real ideas and practical steps in the near term.
And I’m prepared to act quickly and decisively on their recommendations if they make sense to address the immediate challenge in front of us and the American people.
Finally, when the cost of oil does come down, we need the price at the gas stations — that they — what they charge at the pump — to come down as well.
For example, in the last two weeks, the price of oil has fallen by more than $10.00 a barrel. Normally, this would reduce the cost at the pump about 25 cents a gallon. Yet, so far, gas stations have only reduced prices by a few cents a gallon. Some haven’t reduced prices at all.
I’ve heard plenty of explanations from companies and economists about why it normally takes time for these price reductions to reach the consumer. I might note that when the price of a barrel of oil goes up, it doesn’t make — ta- — take much time for the price at the pump to go up.
So, let’s be honest with one another. My message is simple. To the companies running gas stations and setting those prices at the pump: This is a time of war, global peril, Ukraine. These are not normal times.
Bring down the price you are charging at the pump to reflect the cost you are paying for the product. Do it now. Do it today. Your customers, the American people, they need relief now.
So, let me summarize:
Today, I’m calling for a federal gas tax holiday, state gas tax holiday for [or] the equivalent relief to consumers; oil companies to use their profits to increase refining capacity rather than buy back their own stock; gas stations to pass along the decree — excuse me, not the decree, but the decrease in oil prices to lower prices at the pump.
And together, these actions could help drop the price at the pump by up to $1.00 a gallon or more. It doesn’t reduce all of the pain, but it would be a big help.
I’m doing my part. I want the Congress, the states, and the industry to do their part as well.
And let’s remember how we got here: Putin invaded Ukraine. Putin invaded Ukraine with 100,000 forces.
Just look at the facts: Since the start of the war in Ukraine this year, gas prices have risen by almost $2.00 a gallon in the United States, and sometimes more, around the world.
But it wasn’t just Putin’s invasion of Ukraine. It was the refusal of the United States and the rest of the free world to let Putin get away with something we haven’t seen since World War Two.
I said at the time: Siding with Ukraine during the most serious aggression in Europe since World War Two — defending freedom, defending democracy — was not going to go without cost for the American people and the rest of the free world. We were going to have to pay a price as well — in the cost of military equipment, economic assistance, humanitarian relief. And sanctioned Russian banking industries.
Russia is also the largest oi- — one of the largest oil producers in the world. We cut off Russian oil into the United States, and our partners in Europe did the same, knowing that we would see higher gas prices.
We could have turned a blind eye to Putin’s murderous ways, and the price of gas wouldn’t have spiked the way it has.
I believe that would have been wrong. I believed it then — I believed then and I believe now: The free world had no choice.
America could not stand by and the West could not have stood by — although some suggested at the time — and just watch Putin’s tanks roll into Ukraine and seize a sovereign country.
If we did stand by, Putin wouldn’t have stopped. Putin would’ve kept going, and we’d face an even steeper price.
And it wasn’t just me. The American people understood. The American people rose to the moment. The American people did what they always have done: defend freedom around the world. They chose to stand with the people of Ukraine.
We had near unanimous support in the Congress — Democrats, Republicans, and independents — for supporting Ukraine, knowing full well the cost.
So, for all those Republicans in Congress criticizing me today for high gas prices in America, are you now saying we were wrong to support Ukraine? Are you saying we were wrong to stand up to Putin? Are you saying that we would rather have lower gas prices in America and Putin’s iron fist in Europe? I don’t believe that.
Look, I get the easy politics of the attack. I get that. But the simple truth is gas prices are up almost $2.00 a gallon because of Vladimir Putin’s ruthless attack on Ukraine, and we wouldn’t let him get away with it. And we’re doing everything we can to reduce this pain at the pump now.
And if those experiences has shown us anything, it’s that we need to grow and harness more energy here at home.
Let’s lower the price of electric vehicles so we never have to pay at the pump in the first place.
Major auto companies are preparing for 50 percent of future sales to be electric vehicles by 2030, 100 percent by 2035. We’re already building secure supply chains to build these electric vehicles here in America.
And we’re investing almost $100 billion in public transit and rail, for all the studies show that it will take millions of cars off the road and significantly reduce pollution if there’s a serious transportation system available.
Let’s keep accelerating our deployment of homegrown resources — sources of energy like solar and wind and nuclear and hydrogen and carbon capture and storage — and keep developing battery technologies so we can store that power we need when the sun doesn’t shine or the wind doesn’t blow.
Folks, let’s make sure we’re never again forced to pay the price of a menacing dictator halfway around the world.
We can deal with the imme- — this immediate crisis of high gas prices and still seize the clean energy future.
We’re Americans. We can do both. We have the most qualified people in the world.
Let me close with this: Even as we lead the world in defending democracy and standing up to a brutal autocrat, there are actions we can take to help American families now. We have taken them. We are taking them. The federal gas tax holiday, state gas tax holiday. Bringing back refineries, putting them back online.
We just have to keep going. I promise you I’m doing everything possible — everything possible to bring the price of energy down, gas prices down. And I want to make sure we all work on this together.” (LINK)
Posted originally on the conservative tree house on June 20, 2022 | Sundance
I’m not sure how everyone feels about this new effort to make bugs into food for humans, but everything about it seems weird. A Canadian company is now celebrating the opening of a manufacturing facility in Ontario what will generate 9,000 metric tons of crickets for people to eat.
I will not be eating the bugs, slugs or any other creepy crawling critter regardless of “protein transfer efficiency.” Nope. Not happening.
(CANADA) – On May 26th, Aspire Food Group announced that it has completed construction of its alternative protein manufacturing facility. London, Ontario is now home to the world’s largest cricket production facility.
Aspire’s new plant will reportedly produce 9000 metric tons of crickets every year for human and pet consumption. That’s about two billion insects to be distributed annually across Canada and throughout the United States.
Aspire also reports that it already has orders for the next two years.
Crickets are currently being explored as a protein-rich superfood. They contain fibre and are already found in grocery stores and restaurants, and have a smaller environmental footprint than traditional protein sources. (read more)
Posted originally on the conservative tree house on June 19, 2022 | Sundance
The French parliamentary elections were held Sunday and delivered a surprising result for Marine Le Pen’s Rassemblement National party. The RN won 89 seats, far beyond what would be needed (15 seats) to have a consequential impact in the assembly.
FRANCE – […] The results would severely tarnish Mr. Macron’s April presidential election victory where he defeated the far-right to be the first French president to win a second term in over two decades.
The expected number of seats for Marine Le Pen’s Rassemblement National (90) amounts to a historic breakthrough. Only once under the Fifth Republic had the far right passed the threshold to form a group in the Assemblée (15 MPs), which allows for certain parliamentary resources and prerogatives.
The only time this happened was in 1986, when Ms. Le Pen’s father Jean-Marine Le Pen led a group of Front National MPs for two years. They were elected in the only ever legislative elections using proportional representation.
[…] Falling short of the majority forces Mr. Macron into tricky partnerships with other parties on the right to force through legislation. There could now potentially be weeks of political deadlock as the president seeks to reach out to new parties. The most likely option would be an alliance with Les Republicans LR.
[T]he number two of far-right leader Marine Le Pen, Jordan Bardella, hailed her party’s performance as a “tsumani.” (read more)
“The Macron adventure has reached its end,” Le Pen said. The group of National Rally MPs “will be by far the biggest in the history of our political family.” As a result, RN will be able to easily form a parliamentary group, which allows for more influence and speaking time.
Congresswoman-elect Mayra Flores, R-Texas, appeared on ‘Sunday Morning Futures’ with Maria Bartiromo to discuss how she was able to flip a 100-year democrat seat to her republican side due to Biden’s economic policy in combination with the cultural craziness that has infected the democrat party. WATCH:
Posted originally on the conservative tree house on June 19, 2022 | Sundance
In a segment intended to protect the Biden regime from the outcome of their energy policies, the latest distraction is to claim gas prices are not high when “adjusted” to account for the inflation that Joe Biden has created.
Due to the scale of impact from Biden energy policy there is no real way to obfuscate at a level that hides reality. However, Chuck Todd from NBC gives it a try.
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Comrades, if you can fill up your car with 2010 gas prices, paid for with 2010 wages…. Then surely you can fill up your pantry with 2010 food prices… while living in your house with 2010 mortgage or rent prices…. or something.
Posed originally on the conservative tree house on June 19, 2022 | Sundance
This interview is nothing but gaslighting crazy talk from an insufferable ideologue who is responsible for managing the insane policy driven consequences of transitioning from oil, gas and coal into an era where windmills and solar panels provide U.S. electricity. Janet Yellen is the decline manager.
Treasury Secretary Janet Yellen begins the interview by denying the U.S. economy is shrinking. Literally in the first answer Yellen says the economy “has been growing at a very rapid rate as the labor rate has reached full employment, it’s natural now that we expect a transition to steady and stable growth.” Obviously, in order to say the economy has been growing, Yellen needs to pretend not to know the first quarter GDP was -1.5% as measured. But wait… it gets more ridiculous….
At 06:30 of the interview, Yellen claims with a straight face that U.S. energy policy, which includes massive amounts of new crushing regulations from Biden, is not responsible for U.S. oil and gasoline prices. WATCH (prompted):
Posted originally on the conservative tree house on June 19, 2022 | Sundance
Loretta Mester is the president of the Federal Reserve Bank of Cleveland and appeared on CBS Face the Nation to give her opinion/analysis of the US. economic condition. The disconnect in her viewpoint is alarming and should signal to everyone how the Federal Reserve Board, just like every institution of government, has become a political agency.
In her mind Ms. Mester appears to believe what she is saying, but the disconnect between her view of our status and the reality on Main Street is alarming. In this interview Mester says emphatically that current inflation is being driven by consumer demand that is outpacing supply. Not only is this view of inflation origination wrong, and has been wrong for well over a year, it is dangerous.
Inflation has been driven by spending (dollar devaluation & artificial stimulus), and by massive input changes in the supply side which are predominately being caused by energy policy. Our U.S. inflationis a self-inflicted supply side wound. Inflation was not caused by demand side pressure, other than from the injection of COVID cash into consumer spending – which hid the natural contraction that was going to take place in Q2, Q3 and Q4 2021. WATCH:
Ms. Mester says the Fed will watch the month-to-month inflation change, to determine monetary policy success. Given the nature of the Biden energy policy, that type of success definition is inherently political. It’s akin to saying, as the victim’s bones and muscles get used to the constant blows during the beating, the severity of the pain will be less than the initial shock… therefore, the continued beating is less damaging to the victim. Madness.
Posted originally on the conservative tree house on June 18, 2022 | Sundance
The sanctions against Russia have essentially been futile. The Russian economy continues growing, oil sales continue taking place, imports and exports continue unabated, albeit with some inconveniences for the people inside Russia – but without impact on the Russian government. However, what the western sanctions against Russia were successful in speeding up, was an alternative global trading system for 70 percent of the world economies who continue trading with Russia.
That’s the background for Fed Chairman Jerome Powell to state yesterday, “rapid changes are taking place in the global monetary system that may affect the international role of the dollar.” Additionally, as the proverbial ‘west’ follows the corporate instructions from the World Economic Forum, Powell now expands his points to note the creation of a central bank digital currency (CBDC) is also being reviewed. WATCH:
This is not some grand conspiracy, ‘out there‘ deep geopolitical possibility, or foreboding likelihood as an outcome of short-sighted western emotion. No, this is just a predictable outcome from western created events that pushed specific countries to a natural conclusion based on their best interests.
You can debate the motives of the western leaders who structured the sanctions against Russia, and whether they knew the outcome would happen as a consequence of their effort, but the outcome was never really in doubt. Personally, I believe this outcome is what the west intended. The people inside the World Economic Forum are not stupid – ideological, yes, but not stupid. They knew this would happen.
Think of “The Great Reset” or “Build Back Better” or climate change, as examples of WEF instructions.
The NATO and western government response to the Russian invasion of Ukraine, was a quickly assembled system of financial sanctions intended to cripple the Russian economy. However, Russia responded to those actions with countermoves on the trade front, beginning to establish the first ever non-Euro and non-dollar-based trade system. In essence, a financial trading system created by the BRICS group (Brazil, Russia, India, China and South Africa).
Therefore, if we think about the current status of geopolitics and international finance, the NATO/Western response now involves a priority of controlling and protecting the previously established financial structures of global trade. A NATO effort to avoid the cleaving is now underway as an outcome of the sanctions against Russia.
[Left to Right] Xi Jinping (China), Vladimir Putin (Russia), Jair Bolsonaro (Brazil), Narendra Modi (India) and Cyril Ramaphosa (South Africa), the BRICS group.
The finance ministers of the BRICS alliance (Brazil, Russia, India, China and South Africa) decided to create their own financial mechanisms to continue trade between nations of similar disposition. Once the internal issues inside the BRICS alliance are resolved, and once the mechanisms are created, then other nations will be able to decide to join or not. The great global cleaving will commence.
(Reuters – April 2022) – Russia, hit by Western sanctions, has called on the BRICS group of emerging economies to extend the use of national currencies and integrate payment systems, the finance ministry said on Saturday.
[…] On Friday, Finance Minister Anton Siluanov told a ministerial meeting with BRICS, which consists of Brazil, Russia, India, China and South Africa, that the global economic situation had worsened substantially due to the sanctions, the ministry’s statement said.
The new sanctions also destroy the foundation of the existing international monetary and financial system based on the U.S. dollar, Siluanov said.
“This pushes us to the need to speed up work in the following areas: the use of national currencies for export-import operations, the integration of payment systems and cards, our own financial messaging system and the creation of an independent BRICS rating agency,” Siluanov said.
International payment cards Visa and MasterCard suspended operations in Russia in early March and Russia’s biggest banks have lost access to the SWIFT global banking messaging system.
Russia set up its own banking messaging system, known as SPFS, as an alternative to SWIFT. Its own card payment system MIR began operating in 2015.
[…] They were part of Moscow’s efforts to develop homegrown financial tools to mirror Western ones, to protect the country in case penalties against Moscow were broadened.
The finance ministry said BRICS ministers have confirmed the importance of cooperation in efforts to stabilise the current economic situation.
“The current crisis is man-made, and the BRICS countries have all necessary tools to mitigate its consequences for their economies and the global economy as a whole,” Siluanov said. (link)
For a deep dive on BRICS, as predicted by CTH, {SEE HERE}. The bottom line is – the 2022 punitive economic and financial sanctions by the western nations’ alliance against Russia was exactly the reason why BRICS assembled in the first place.
The multinational corporate control of government is exactly what the BRICS group foresaw when they first assembled during the Obama administration. When multinational corporations run the policy of western government, there is going to be a problem.
In the bigger picture, the BRICS assembly are essentially leaders who do not want corporations and multinational banks running their government. BRICS leaders want their government running their government; and yes, that means whatever form of government that exists in their nation, even if it is communist.
BRICS leaders are aligned as anti-corporatist. That doesn’t necessarily make those government leaders better stewards, it simply means they want to make the decisions, and they do not want multinational corporations to become more powerful than they are. As a result, if you really boil it down to the common denominator, what you find is the BRICS group are the opposing element to the World Economic Forum assembly.
The ‘western’ countries run by multinational corporations are in Yellow, the countries who have not yet chosen a side are in GREY:
The BRICS team intended to create an alternative option for all the other nations. An alternative to the current western trade and financial platforms operated on the use of the dollar as a currency. Perhaps many nations will use both financial mechanisms depending on their need.
The objective of the BRICS group remains simply to present an alternative trade mechanism that permits them to conduct business regardless of the opinion of the multinational corporations in the ‘western alliance.’ The recent comments by Federal Reserve Chairman Jerome Powell, are accepted against this backdrop. The financial contest is now between two sets of competing forces.
It’s not so much a “great reset,” it’s more akin to a global cleaving.
In hindsight the inflection point was COVID and all of the western government allies following the same economic lockdown and massive govt spending program demanded by the WEF assembly. The western group planned to exit their spending crisis through the “Build Back Better” agenda, a new world economic structure based on renewable energy.
The people behind Joe Biden are collapsing the U.S. economy in the ongoing drive to attain this new economic transformation. The American people are suffering through the consequences with massive increases in energy costs which are driving the costs of everything else, including food.
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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