Posted originally on the CTH on December 1, 2022 | Sundance
West Virginia Treasurer Riley Moore lead the way earlier this year in removing Wall Street financial firms from holding state funds due to ‘Environmental, Social and Governance’ or ‘ESG’ climate change ideology driving investment decisions.
West Virginia had been the tip of the spear since early 2021 {link} removing Blackrock in January of 2022, and even removed banking contracts from multiple investment firms during the battle and asked other states to join in the effort {link}.
Today, Florida Chief Financial Officer Jimmy Patronis announced the DeSantis administration would be following the lead from West Virginia.
[FLORIDA] – […] State Chief Financial Officer Jimmy Patronis announced Thursday that Florida will immediately freeze about $1.43 billion in long-term securities and about $600 million in short-term overnight investments managed by BlackRock because of the firm’s use of “Environmental, Social, and Governance” standards — known as ESG.
Patronis in a prepared statement said he doesn’t “trust BlackRock’s ability to deliver” and “BlackRock CEO Larry Fink is on a campaign to change the world.”
“Whether stakeholder capitalism, or ESG standards, are being pushed by BlackRock for ideological reasons, or to develop social credit ratings, the effect is to avoid dealing with the messiness of democracy,” Patronis said.
Republican leaders in Florida and across the country have targeted ESG ratings, which can involve considering a wide range of issues in investments, such as companies’ climate-change vulnerabilities; carbon emissions; racial inequality; product safety; supply-chain labor standards; privacy and data security; and executive compensation.
Patronis said the state Department of Financial Services oversees about $60 billion and that the money with BlackRock will be moved “elsewhere.” (read more)
As part of the ongoing 2024 positioning effort, the ConInc influencers in/around Florida Governor Ron DeSantis attempted to claim Florida had led the way on the initiative. However, the reality of DeSantis as a bandwagoneer is brutally obvious to anyone who followed the previous effort and the backlash against West Virginia.
It’s good to see Florida join the effort.
I’m glad Florida followed West Virginia’s lead in pulling money away from BlackRock.
If you dare suggest peace, you suddenly are painted as a Putin Supporter. The West simply wants war and this is really about Climate Change. Even the propaganda pretending this is all Putin and if somehow he was removed, the world would be better is utter nonsense. We may see the reality of that come April/May 2023. The West is perfectly fine with sacrificing the Ukrainian people for their agenda. They are just collateral damage that they are willing to sacrifice until the last Ukrainian dies.
There are people who know Russia as I do. The press will not air their views or question the narrative they have been instructed to push because it goes against their desired agenda. Former Commander of US Army General Ben Hodges admitted that Putin’s successor will be “much worse.” Hodges said. “We see the North Caucasus and (Chechen leader Ramzan) Kadyrov, who is anticipating Russia’s possible collapse and is trying to protect himself somehow. I absolutely don’t call for regime change in Russia – this is the choice for the Russian people to make, but we must understand that whoever comes after Putin will be much worse.”
What the Western news is presenting is worse than propaganda – it is a deliberate lie. The West is really waging war for Climate Change. This is why not a single Western leader is calling for any peace or negotiation. My mentor in geopolitical analysis has been Henry Kissinger. Henry has publicly stated that EVERY president has always invited him to the White House but not Biden.
On the other side of the world, the US has been supplying military equipment to Taiwan since 1979 under the Taiwan Relations Act. Before Biden, the US has agreed to acknowledge the One China policy that states Taiwan is under Chinese rule. “A direct confrontation should be avoided and Taiwan cannot be the core of the negotiations because it is between China and the United States,” Kissinger stated, going as far as to say neutrality is crucial to “overall peace.”
In pledging to defend Taiwan from any Chinese attack, the president has made war with China much more likely. He has openly reverse policy with China since the days of Nixon. The Climate Change people in his administration driven by the insane Progressive Green Movement, has done everything possible to create World War III with no regard for humanity because the planet takes top priority. I suppose a bunch of nukes flying around is good for the planet if it removes more of we – the new plague of vermin.
For the life of me, whoever is writing the cue cards for Biden is clearly either deliberately trying to create World War III or is the most stupid person in the history of geopolitical analysis. Nobody, even in the CIA who analyzes global politics, would possibly be this stupid. Imposing the Russian sanctions has been a warning to the world that if you cross the Biden Administration, you can be removed from the SWIFT System and the global economy. Every nation that has been frustrated with US policy over the decades is now firmly crossing the line.
Sanctions NEVER work! Even in the case of Iran, Turkey was secretly laundering money for Iran, selling gold into the market to allow them to circumvent sanctions. What Biden has done with sanctions on Russia has only warned China to move quickly with their CIPS system to compete with SWIFT. So when Russian forces entered Syria on the ECM turning point 2015.75 to the day, it was an ominous event. Russia was not only backing the Assad regime, but it was also backing the Iranian pipeline. You had to be completely blind not to think Iran would join Russia against Ukraine.
Over the past several days, Iran has formerly informed international inspectors that it will now produce “near” bomb-grade nuclear fuel. They have also done what the US has done and built a facility deep inside a mountain that some sources say would withstand even a nuclear attack. Iran is now clearly expanding its nuclear fuel production at a plant that, over the years, both Israel and the United States have repeatedly sabotaged.
Iranian is now, as I have warned, siding with Russia before they began providing Russia with drones for its war in Ukraine. For the life of me, I cannot understand how anyone thought they could wage war against Russia and nobody else would join the party. Iran has the capability also to begin providing missiles for Russia in Ukraine. Of course, Biden accused Iran of once again violating Iraqi territory to conduct direct attacks against the Kurds.
What is unfolding is that the Biden Administration has created a formidable force along the lines of World War III — China, Russia, North Korea, and Iran, with the potential to bring in Turkey, will be the opponents of the USA, Japan, South Korea, and the EU along with the UK.
A new era of direct confrontation between the Biden Administration and Iran has erupted like a volcano suddenly and without warning because the Biden Administration has been either blind or just stupid. Once Biden imposed the sanctions on Russia and insisted that there would be no negotiations for peace between Ukraine and Russia, using the Ukrainian people as pawns, this emerging alliance was perhaps hidden for a while by headlines covering Ukraine. We are also witnessing rising US competition with China alongside the fact that negotiations with Tehran have simply stalled for 18 months, running out the clock, while Iran improved its nuclear capability.
Sources confirm that at the White House, national security meetings never consider peace in Ukraine, and with respect to Iran, there to they have only focused on creating a strategy to undermine Iran’s nuclear plans, as has been the case for decades. John Kirby, a spokesman for the National Security Council at the White House, boldly simply told the Voice of America:
“We are at an impasse right now, and we’re not focused on that.”
This entire Ukrainian War is really a Climate Change War to destroy the Russian economy, which is the largest fossil fuel producer in the world and accounts for 50% of its GDP. Bombing the Nord Stream Pipeline was not to win this war in Ukraine; it was to terminate the energy sales to Europe and force Germany and the EU into Green.
COMMENT: Why do you focus on the Dow over the S&P 500 and others?
ANSWER: New analysts claim that the S&P 500 provides a better picture of the markets compared to the Dow. Although the S&P 500 obviously has a larger catalog, the Dow is a direct reflection of international capital flows. Look toward the Dow to see where big money is moving.
The S&P 500 is domestic-oriented, and fund managers and institutions tend to focus on this index. The NASDAQ typically reflects retail, often tech-heavy, and usually does not peak at the same time. Each index offers a completely different perspective. The Dow Jones Industrials is the big money. You will notice that this index leads the way. It is the first out of a key low because it is typically the foreign capital based on currency. You will also notice the Dow tends to top out first because the big money tends to pull out first also due to currency.
Capital is flowing like never before, and the smart money is on the move. Socratesusers have access to our capital flow heat map that shows where money is moving in real time. The USD remains the last safe haven, and money is pouring into the US. Look to the Dow for the best international perspective.
The Greens & the Socialists have taken control of Germany and in the process, the strongest economy of the EU has taken a decisive directional change here in 2022 that will not merely set in motion the decline and fall of Germany, but that of the European Union as well. Once again, the Berlin Senate will discuss the issue of Bürgergeld (citizen’s allowance), which is to replace the current social benefit program Hartz IV.
The new Government has proposed reforming the support for the long-term unemployed – currently known as “unemployment benefit II” (Arbeitslosengeld II) or Hartz IV. The proposed new system scheduled to roll out in early 2023, will be called Bürgergeld, or “citizen’s allowance.” This will increase in the basic monthly benefit from €449 to €502. Additionally, the Bürgergeld will reduce sanctions for those who are avoiding employment and training meetings, which appears to have emerged since the COVID lockdowns around the world. Many appear to have enjoyed free money to stay home under COVID restrictions and have been reluctant to return to any employment. After the first six months, the benefit can be reduced by up to 30% if they refuse to take courses or work.
Clearly, COVID has altered the labor market worldwide. In Germany, the employment profile differs from that of the early 2000s, when there was mass unemployment from the 2007-2009 Economic Crisis. That is when Germany drafted Hartz IV. Germany is facing labor shortages much as we see around the world leaving many unfilled jobs. In Germany, the estimates are about 1.8 million in the third quarter of 2022 of still unfilled jobs.
Strangely, the current situation regarding the arrival of refugees in Berlin is also a serious topic. The accommodation of the refugees is becoming an increasingly difficult crisis in itself. This has only added to energy security in Berlin. Tensions are quietly rising between the Germany population v the refugees. Unlike the mass migration of Europeans that set sail to America, there were no social programs so the migration was for a better life and America was viewed as the “land of opportunity” whereas the migration into Europe and that being allowed by Biden in the United States, have been motivated be free benefits – not opportunities to work.
Our model has targeted that the German elections and the rise of the the Greens and Socialists are not concerned about the industrial production of Germany, which has been the backbone of the entire EU economy. The are far more concerned about ending the Industrial Revolution for climate change and that is fundamentally undermining the very foundation of the entire Germany economic model from post- World War II that created Germany. We must understand that Germany’s economic policy was that of the old Mercantile system meaning that they focused on producing products to sell to other countries.
Kohl denied the German people the right to vote on even joining the Euro. He insisted that there would be no consolidation of debt for that would be seen as a bailout for the irresponsible Greek, Italian, and Spanish governments. The entire German foundation was built on hard work and conservatism. But they never sought to build a domestic consumer base. They wanted to sell to the rest of Europe, which was the entire purpose behind the Euro to eliminate foreign exchange risk that would expand German production for export.
The move to end Climate Change is fundamentally driving a stake through the very heart of the German economy. The mercantile economic model will continue to collapse under Climate Change. The Greens and Socialists are moving forward blindly without even understanding the very core rise of the Germany economy and in the end, this will further reduce the economic footprint of the EU in the post-2024 era.
Italy’s new PM Giorgia Meloni revealed her first economic initiatives with a budget of 21 billion euros. The Italian government will no longer provide free handouts to those who simply refuse to work. This should not be controversial.
For starters, anyone eligible for welfare must actually reside in Italy. Those capable of working will have eight months to find employment before their free paycheck runs out. Alternatively, if someone refuses a job, they will be excluded from receiving welfare. The 5-Star’s citizens’ wage will be abolished by next year as the system has been abused by many who simply do not want to work. They are reviewing the pension system as well, but it’s too late to save the pension funds.
Italy’s first female PM is also encouraging couples to start families amid a birth rate crisis. Women may take a sixth month of maternity leave and still receive 80% of their salary. Meloni cut taxes on goods for newborns and feminine hygiene. Couples will receive a 50% increase in the “baby bonus,” and families with over three children will receive more incentives. Italy needs future taxpayers.
Everyone cheered when America appointed its first female vice president, but Kamala Harris has done nothing for women who still pay the pink tax and do not have access to maternity leave. It is astonishing how controversial this move has become with the papers calling Meloni a Fascist dictator for preventing working taxpayers from paying for those unemployed by choice.
Click here or on the video above to view my most recent interview with the Financial Repression Authority. Our friends at MoneyTalks created a nice overview of the interview that you may read here.
Posted originally on the conservative tree house on November 24, 2022 | sundance
We have been closely monitoring the signs of a global cleaving around the energy sector taking place. Essentially, western governments’ following the “Build Back Better” climate change agenda which stops using coal, oil and gas to power their economic engine, while the rest of the growing economic world continues using the more efficient and traditional forms of energy to power their economies.
Within the BBB western group (identified on map in yellow), the logical consequences are increased living costs for those who live in the BBB zone, and increased prices for goods manufactured in the BBB zone. In the zone where traditional low-cost energy resources continue to be developed (grey on map), we would expect to see a lower cost of living and lower costs to create goods. Two divergent economic zones based on two different energy systems.
This potential outcome just seemed to track with the logical conclusion. The yellow zone also represented by the World Economic Forum, and the gray zone also represented by an expanding BRICS alliance. Against this predictable backdrop we have been watching various events unfold, some obvious and some less so.
Today, we get an obvious example:
NEW DELHI, Nov 24 (Reuters) – Fiat parent Stellantis (STLA.MI) has concluded it can’t currently make affordable electric vehicles (EVs) in Europe and is looking at lower-cost manufacturing in markets such as India, its chief executive told reporters.
If India, with its low-cost supplier base, is able to meet the company’s quality and cost targets by the end of 2023, it could open the door to exporting EVs to other markets, said Carlos Tavares, CEO of the group whose brands also include Peugeot and Chrysler.
“So far, Europe is unable to make affordable EVs. So the big opportunity for India would be to be able to sell EV compact cars at an affordable price, protecting profitability,” Tavares told reporters at a media roundtable in India late on Wednesday.
Stellantis is investing heavily in EVs and plans to produce dozens in the coming decade, but Tavares warned last month that affordable battery EVs were between five and six years away.
On his first visit to India since taking over as Stellantis CEO, he said the company was still working out a plan regarding EV exports from the country and had not yet taken any decisions. (read more)
Normally we would expect to see market forces determining the ultimate economic outcome. Historically, we would not expect government policy that puts their nation at an economic disadvantage. However, in this WEF controlled new western economic normal we see multinational corporations’ making decisions and government leaders creating policy to support the corporations.
There is money to be made by corporations within the climate change agenda, and there is money to be made by producing goods with low-cost wages and cheap materials. Eventually, if you keep following this to its natural conclusion, the entire yellow zone becomes a service driven economy.
Multinational corporations in control of government are what the BRICS assembly 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. Brazil, Russia, India, China and South Africa (BRICS) saw President Obama sub-contracting, actually giving away, U.S. trade policy.
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 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 BRICS team intend 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 is 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.’
Again, if you follow the Build Back Better agenda to its natural conclusion, the entire yellow zone becomes a service driven economy.
Posted from the conservative tree house on November 24, 2022 | sundance
As I have said: “the primary contest in 2024 is going to be epic, because this time the MAGA scruffnecks will, for the first time in years, clearly see who the enemy within the Republican ranks really are. This makes them so much easier to defeat, and also explains why the corporate and billionaire professional managers within the Club are desperate to keep stuff hidden.”
The recent statements against MAGA by former House Speaker Paul Ryan and former Attorney General Bill Barr, are examples of this increased sunlight. Do not be discouraged by their attacks, we need this clarity. Each moment the corrupt step forward, is a moment to smile.
[Via Dutchman] – I see all SORTS of encouraging news, and Sundance declaring “The Big Ugly” outright WAR between Mainstreet vs Wallstreet is on, is the best news, EVAH. I have been spoiling for this fight, for YEARS.
The Wall Street group are like stealth bombers; their strength is in their stealth; take that AWAY, and they are just another airplane, as vulnerable to AA fire as any other. Actually, MORE vulnerable, because they are designed and pilots are trained with the assumption of having stealth, and so they are terrible at evasive maneuvers.
EVERY battle in which MAGA forces RINO to expose themselves and their true nature, is a victory for US, even if we take casualties.
So, J6 a victory for US, as RINOS said, “let em rot in jail!”
2022 midterms, a victory for us as McCarthy were exposed, donating to MAGA opponents.
Cheer up, we WILL take more casualties, but poor mitch is BUCK NAKED, as are the rest of the effete elites.
Posted originally on the conservative tree house on November 23, 2022 | Sundance
As expected, the insufferable Lisa Murkowski has won reelection in Alaska despite losing the first-round republican vote.
As a result of neither Murkowski or Tshibaka winning 50% in the first round, the ranking system then adds the second choice of all voters. Democrat voters chose Murkowski as their second choice providing her the win in the ranked choice voting system.
JUNEAU, Alaska (AP) — Alaska Republican U.S. Sen. Lisa Murkowski has won reelection, defeating Donald Trump-endorsed GOP rival Kelly Tshibaka.
Murkowski beat Tshibaka in the Nov. 8 ranked choice election. The results were announced Wednesday, when elections officials tabulated the ranked choice results after neither candidate won more than 50% of first-choice votes. Murkowski wound up with 54% of the vote after ranked choice voting, picking up a majority of the votes cast for Democrat Pat Chesbro after she was eliminated.
“I am honored that Alaskans — of all regions, backgrounds and party affiliations — have once again granted me their confidence to continue working with them and on their behalf in the U.S. Senate,” Murkowski said in a statement. “I look forward to continuing the important work ahead of us.”
Tshibaka in a statement posted on her website congratulated Murkowski but took fault with ranked choice voting.
“The new election system has been frustrating to many Alaskans, because it was indisputably designed as an incumbent-protection program, and it clearly worked as intended,” she said. (read more)
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
Centinel2012 