Kamala Harris was asked today about who will be paying for the massive student loan forgiveness and bailout program. She never answered the question but chuckled her way through a social justice and equity response, or something…. WATCH:
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The financial pundits are slowly starting to drop the pretending and discuss the bigger economic picture. However, as they tread very carefully, they are being very cautious about admitting too much.
A Reuters discussion of the comments by Federal Reserve Chairman Jerome Powell, starts to dip the media toe in the painful pool; yet they will not admit the Biden energy program is the source of the inflation Powell is targeting with his policy moves to shrink energy demand. Thus, the pretending continues.
If you take the written words and extract the parseltongue, you can see a more fulsome picture of what is being outlined.
JACKSON HOLE, Wyo., Aug 29 (Reuters) – The message from the world’s top finance chiefs is loud and clear: rampant inflation is here to stay and taming it will take an extraordinary effort, most likely a recession with job losses and shockwaves through emerging markets.
That price is still worth paying, however. Central banks spent decades building their credibility on inflation fighting skills and losing this battle could shake the foundations of modern monetary policy.
In other words, the U.S. economy is based on core U.S. energy systems and moving that construct to alternative energy, windmills, electric vehicles and solar panels; along with getting Americans to accept a lowered standard of living; is an “extraordinary effort.”
Yes, they are ‘all-in’ and if they lose “this battle,” the core foundations of modern monetary policy will “shake” along with the economic collapse that follows. The economic energy “transition” is the Biden policy, the federal reserve is trying to support that policy by lowering economic demand.
Yes, they also now admit that people will lose their jobs, their livelihoods and the foundation of their economic stability in the process.
[…] “Regaining and preserving trust requires us to bring inflation back to target quickly,” European Central Bank board member Isabel Schnabel said. “The longer inflation stays high, the greater the risk that the public will lose confidence in our determination and ability to preserve purchasing power.”
Banks should also keep going even if growth suffers and people start to lose their jobs. “Even if we enter a recession, we have basically little choice but to continue our policy path,” Schnabel said. “If there were a deanchoring of inflation expectations, the effect on the economy would be even worse.”
[Energy inflation, the root of all supply side inflation] “is near double-digit territory in many of the world’s biggest economies, a level not seen in close to a half century.”
[…] Deglobalisation, the realignment of alliances due to Russia’s war, demographic changes and more expensive production in emerging markets could all make supply constraints more permanent. (read more)
Yes, the “realignment global of alliances,” as an outcome of the western world policy to fracture global markets based on energy use. Notice they are now starting to admit what we have discussed here for over a year?
“The global economy seems to be on the cusp of a historic change as many of the aggregate supply tailwinds that have kept a lid on inflation look set to turn into headwinds,” Agustín Carstens, the head of the Bank of International Settlements, said.
“If so, the recent pickup in inflationary pressures may prove to be more persistent,” said Carstens, who heads a group often called the central bank of the world’s central banks.
All this points to rapid interest rates hikes, led by the Fed with the ECB now trying to catch up, and elevated rates for years to come. (read more)
Indeed, we are only now on the front side “cusp” of the transition which will force the continued lowering of economic activity within the aligned nations for more than a generation or two. All economic activity, essentially all human activity, will have to be stalled and reduced until the levels of sustainable energy production can catch up to the levels of energy needed for the now smaller economy.
With current estimations of 50+ years before sustainable energy can generate 25 to 50 percent of the need, this is going to take a long time, and the bankers & financial control agents are going to have to simultaneously make the economies of the allied nations much smaller.
The planned energy oven is small, the size of the economic pizza must be shrunk in order to fit within it.
My last and important point is this…. The multinational corporations, banks and global finance folks, do not enter into these situations without a carefully planned way to retain their own wealth. The job of a “hedge fund manager” is described in the title, to find a “hedge” against risk to continue increasing wealth.
The billionaire elites that have assembled their wealth on the old economic system will not trust anything to chance as this global cleaving of the world economy takes place. Being reactionary is not how they operate. These groups pre-stage their wealth and assets outside the zone of collateral damage. They are proactive, not reactive to these global financial events.
With the foundation of the western economic system now being changed, look carefully at the political landscape to see what Wall Street risk mitigation maneuvers are taking place. My very strong hunch on this wealth preservation facet leads me back to domestic politics, and suddenly things make sense. I’m not wrong. I am open to being wrong, but I’m not wrong.
As the global cleaving begins taking shape based on the new western energy system, the Build Back Better agenda, Russian energy exports are worth a lot more money. As a result, the Russian economy has gained more wealth than before the western sanctions regime was triggered. As noted by the Wall Street Journal:
(Via WSJ) – […] Demand from some of the world’s largest economies has given Russian President Vladimir Putin the upper hand in the energy battle that shadows the war in Ukraine, and has confounded the West’s bid to cripple Russia’s economy with sanctions.
Sales are booming in Russia’s export market, the world’s largest in crude and refined fuels. And new trade arrangements have given Mr. Putin cover to use natural gas exports as an economic weapon against Ukraine’s European allies. Before the war, Russia supplied Europe with 40% of its gas. It has since throttled flows through the Nord Stream pipeline to Germany and other conduits, driving prices higher and putting pressure on European households and businesses.
Oil revenue more than makes up the difference. “Russia is swimming in cash,” said Elina Ribakova, deputy chief economist at the Institute of International Finance. Moscow earned $97 billion from oil and gas sales through July this year, about $74 billion of that from oil, she said.
[…] Russian energy sales have flourished by finding new buyers, new means of payment, new traders and new ways of financing exports, according to oil traders, former Russian industry executives and shipping officials.
“There came a realization that the world needs oil, and nobody’s brave enough to embargo 7.5 million barrels a day of Russian oil and oil products,” said Sergey Vakulenko, an analyst and former Russian energy executive.
After buyers in the U.S., the European Union and their Pacific allies cut back their Russian oil imports, much of it went to nations in Asia that have declined to take sides in the conflict.
An unexpected market has been the Middle East. Exports of Russian fuel oil, a lightly refined version of crude, now go to Saudi Arabia and the United Arab Emirates, often stopping in Egypt en route.
The Russian oil is either burned in Saudi power stations or exported from Fujairah, a U.A.E. port and hot spot for blending Russian and Iranian oils to conceal their provenance. This is oil that before the war was shipped to U.S. refiners.
The Russian imports, purchased at a discount, free state giant Saudi Arabian Oil Co. to export its crude at market prices. “The Saudis are happy to take their oil and sell it rather than burning it,” said Carole Nakhle, chief executive at consulting firm Crystol Energy.
The arrangement adds supply to the global oil market, helping put a lid on prices. “This is a win-win situation for the Russians and even, I would say, for the Europeans and the U.S.,” Ms. Nakhle said. (read more)
Mark Zuckerberg admitted that Facebook aided the FBI in manipulating the 2020 Presidential Election. This is huge news that proves the FBI had direct involvement in helping Joe Biden become president. Zuckerberg opened up to Joe Rogan and revealed that the department contacted him to say Russia was planning to release a disinformation campaign, and they needed him to cover it up.
“We just kind of thought, hey, look, if the FBI, which I still view as a legitimate institution in this country, it’s like very professional law enforcement, they come to us and tell us that we need to be on guard about something, then I want to take that seriously,” Zuckerberg told Rogan. Zuckerberg ordered Facebook employees to remove any story regarding Hunter’s laptop. When the New York Post first broke the story, Facebook downranked the story while Twitter simply removed the Post from its platform.
It is no secret that social media platforms smeared Trump while promoting Biden. Twitter even deactivated the then president’s account prior to the election. Yet, the FBI’s involvement brings this to a new level. The Steele Dossier, the Russian disinformation campaign, and admittedly hiding the contents of Hunter’s laptop from the public shows the extent to which those in the establishment disregarded democracy. The FBI is still harassing Trump because the establishment is terrified of him coming into power again and dismissing the global agenda. The FBI has become the left’s personal mob and is a danger to America.
Ukrainians are not permitted to accept any humanitarian relief from Russian agencies. Civilians in a war zone could face life imprisonment for accepting relief, including food. Ministry of Internal Affairs Alyona Matveeva said each case would be analyzed separately.
“For example, if a person called to support the military of the Russian Federation or provided some information, took humanitarian aid (from the Russians – ed.) and distributed it – this is one punishment, if it is about some more serious actions of a person, for example, when a person’s collaborative activity had such an impact that someone died because of it – the term in this case can be more serious, even up to life imprisonment,” the spokeswoman said.
There are currently 815 ongoing criminal investigations for breaching national security, treason, and collaborationism. This is simply what is occurring in Ukraine, but anyone in a country that has joined the proxy war found aiding Russia could come under fire. I reported on the signs around Estonia’s border, asking people to report anyone suspected of collaborating with the enemy. We have not learned from history. This is another example of the government turning neighbors against one another. The Soviet Union once employed the same tactics, as did many other regimes. These measures simply cause distrust and paranoia to spread as the government expects the people to spy on their own family and friends. Your neighbor is now a potential enemy, and your own actions may be considered suspicious.
ABC’s Director of narrative engineering, George Stephanopoulos, interviews Senator Roy Blunt (U-Mo) to illicit his rebuke of President Trump having custody of evidence showing how the legislative and executive branches of the U.S. government conspired to him from impacting their corrupt DC interests.
Senator Blunt dutifully played the role of ‘lukewarm defender,’ aka controlled opposition. WATCH:
An additional perspective on the current status of the Ukraine-Russia conflict from Retired Lt. Col. Daniel Davis. WATCH:
A strong point made from the mailroom, adds perspective toward why the British are disproportionately taking on the responsibility for the European war machine inside Ukraine. It has been noted the U.K. government is doing much of the training, arming and support for Ukraine from within the EU. The question becomes, why was Boris Johnson and the British government so ‘all-in’ with their full-throated military support?
Perhaps the answer is as simple as the London financial markets. “The UK has nothing left but those sketchy money markets and exchanges. The Russians, joking at the sanctions, pricing resources in rubles, working with BRICS, are an existentialist threat to the UK. It shows that the financial exchanges and trading houses based in the UK are paper tigers because they can be easily bypassed. Russia is indeed an existentialist threat to the UK.”
It’s a good point.
Retired Admiral James Stavridis was the former NATO Supreme Allied Commander who conducted Secretary Hillary Clinton’s war in Libya without congressional authorization. Stavridis represents the military side of the State Dept war machine, while Michael McFaul, former U.S. Ambassador to Russia, represents the diplomatic side.
Hopefully, more Americans are awake now to the nature of U.S. foreign policy as it relates to who controls the use of our military. Most modern interventions are conducted from within the U.S. State Dept using joint elements of the CIA that operate within it. The State Dept and CIA now control all pentagon operations and direct U.S. missions.
Once we accept how this modern process of global influence works, then we understand how and why Mike Pompeo moved from CIA to State during the Trump administration. Pompeo was the ‘mitigator,’ the person installed to block President Trump from interfering in this construct. What Bill Barr was to the DOJ, Pompeo was for the State Dept. It’s always uncomfortable to look at the Deep State with clear eyes.
As you review the propaganda; and there is no doubt this is pure propaganda as pushed by NBC today on Meet the Press; keep in mind that U.S. operators are deeply embedded inside Ukraine to facilitate goals of the State Dept proxy war against Russia. New York Times – … [E]ven as the Biden administration has declared it will not deploy American troops to Ukraine, some C.I.A. personnel have continued to operate in the country secretly, mostly in the capital, Kyiv, directing much of the vast amounts of intelligence the United States is sharing with Ukrainian forces, according to current and former officials.
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As noted in the interview, albeit with parseltonge to obscure the reality of the situation and keep the American public thinking sending more money and weapons into Ukraine will change the outcome – it won’t, Russia has dug in throughout Donbas and now controls eastern Ukraine. Donbas was always the goal of Vladimir Putin as a buffer against Western use of Ukraine.
Ukraine is to the United States what North Korea is to China; both are fully controlled proxy states. Western media keep pretending that Ukraine is not the playground for the U.S. government. However, the larger reality is clear and accepting that reality explains why the U.S. government is funding the Ukraine government. Meanwhile Vladimir Putin is clear-eyed and has no problem watching the U.S. go bankrupt trying to keep Ukraine afloat.
Once you understand the U.S. government strings and puppets, the pantomime is no longer fun to watch.
It’s all propaganda.
Essentially, our government are the bad guys.
Former House Speaker Newt Gingrich knows a thing or ten about the DC Deep State, and he appeared on television with Mark Levin to deliver a stark opinion about the current course of action by a comprehensively corrupt and politicized DOJ and FBI. {Direct Rumble Link}
From the perspective of Mr. Gingrich the institutional system within Washington DC is “playing for keeps” with “no interest in the law,” in their effort to keep Donald Trump from challenging the corrupt system now controlling the U.S. government. Unfortunately, I agree with the prediction. WATCH:
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As soon as the Washington DC FBI sent agents to Florida, everything changed. If you stand back and look at the national political events from an objective perspective, the connections between the executive agencies and the national political apparatus starts taking on a new clarity.
Additionally, when you overlay the tepid initial response from a newly managed Florida Governor, then look at his national rollout, you can see a specifically constructed series of events intended to give an alternative for the MAGA outrage vote.
The RNC club donors and deep political operatives have been in a full national push position for Ron DeSantis which was triggered immediately after the August 8th raid on Mar-a-Lago.
For five days immediately following the raid, DeSantis remained locked down and silent in a political bunker until he emerged on August 14th in Arizona, complete with a new press office and management team. The timing, the series of events, the branding shift and the lack of response to the FBI raid is simply too coincidental to be happenstance.
This doesn’t mean Ron DeSantis himself knew of the raid in advance; but someone in the DC Republican advisory apparatus with influence over DeSantis did know it was coming. He was prepared to go quiet. That explains the behaviors, and lack therein, that followed.
That entire sequence of events in Florida, including the branding and book drop by alternative media (Ben Shapiro) was a big tell; it indicated a closely coordinated RNC club operation.
In the days/weeks that followed, DeSantis has been very careful to avoid any mention of the Mar-a-Lago raid, or criticism of the DOJ, Main Justice, or FBI. Instead, he has followed an easy route to punch soft targets like Anthony Fauci and the social inequity of Biden’s college tuition debt forgiveness.
With 94% of Ron DeSantis funding coming from multinational corporations, Wall Street hedge funds and billionaires, it is easy to see where the control mechanisms are as the club masters look to take down Trump and retain control of U.S. economic, monetary and trade policy. [SEE HERE] Ultimately, that economic system is what the Wall Street donors are paying to control. Remember, there are trillions at stake.
In hindsight we can see the GOPe path that led to the inflection point of the August 8th raid. However, all of these players have one major hurdle. They have gone all in against Donald Trump, and he is the one-person strong enough, and skilled enough, to outwit them.
Additionally, President Donald J Trump has the law, the constitution, the truth, and ultimately the largest portion of the awakened nation on his side.
Yes, I agree with Newt Gingrich that they are “playing for keeps.” However, when all of the enemy is finally visible, that’s when the righteousness of natural sunlight becomes the strongest weapon.
Donald Trump may have a lot of human flaws, but authenticity, honesty and a genuine desire to do the very best for our nation is not among them.
Donald Trumps is not a deceptive person. He is one of the most transparent people that history could ever record. When fighting against deception and skullduggery, that transparency transfers into honest, deliberate and authentic communication; ultimately becoming a natural weapon against his opposition.
I am reminded of President Trump at the 2016 RNC nomination convention, when he said nothing except to walk into the arena while Ted Cruz was imploding in a grand and visible display of his lack of character and political dishonesty. Candidate Donald Trump didn’t say a word, his appearance was an atomic sledgehammer all by itself.
President Donald Trump has natural gifts and instincts that have transferred well into politics, despite criticism of his tendency to grant benefit of doubt.
I can’t quite put my finger on it, but somehow, I sense that Ron DeSantis and Ted Cruz will soon have even more in common.
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