The West is determined to invade Russia and they believe that they can destroy it despite the fact that they are no longer a communist nation or a threat. That does not seem to matter for they want war because Russia and China will not surrender their sovereignty to the United Nations under this Great Reset all for Climate Change & the WEF.
Indeed, many practical Western military strategists are starting to agree that Henry Kissinger’s advice must be taken and that peace negotiations should begin – NOW. There is a growing number of military strategists that realize that Russia and Belarus along with China and North Korea will all join to defeat the West and NATO which they see as the greatest threat now to humanity.
The West needs war because it can no longer maintain this Marxist socialism system borrowing endlessly with no intention to repay anything back. This is coming to an end. Our computer has warned 40 years ago that the target for the collapse of socialism was due in 2023. Communism fell in 1989 and now it is our turn in 2023. Marx’s theories will be remembered throughout history. I find it interesting that it is forbidden even in the Ten Commandments warning that this idea of rob from one class to hand to another has never worked. We must now pay the price for this theory. When it was first imposed, over 200 million people died resisting communism in Russia and China. It is ironic that now we are the Marxism trying to impose our will upon Russia and China. What goes around, comes around.
Russia has been unable to use its air power because NATO is providing Ukraine with all the tactical information needed so they only need to turn on their radar minutes before launching and as such Russia cannot destroy those systems which have been supplanted by NATO. Either Russia takes out the AWACs providing that information which then is an act against NATO. The West thinks it is very clever in this arrangement but they really have entered the war and it is just a matter of time that this escalates out of control.
The danger here is that the West is pushing Russia into a very dangerous position. Russia can terminate the entire supply of arms to Ukraine by destroying dams that also form key bridges over the Dnepr. However, they can score a complete defeat of Ukraine by launching several dozen tactical nuclear weapons. What will NATO do then? These clever tactics of NATO being in the war but pretending they are not is a very risky game.
It is not likely that the West will ever take the advice of Kissinger and apply pressure to Kyiv to come to the table and face this unpleasant reality that they must relinquish their claim to territory occupied by Russians who they absolutely hate.
Rep. Ronny Jackson, R-Texas, a former White House physician under the Biden Administration, was reprimanded by former President Obama for admitting that everyone has been questioning Joe Biden’s mental health for years. “Holding the Line: A Lifetime of Defending Democracy and American Values,” a memoir penned by Jackson, discusses the conversations he had concerning the then vice president’s deteriorating mental state.
Jackson also happens to be the same physician who forced Donald Trump to undergo a cognitive test, which he passed. The media was constantly criticizing Trump for mistakes and he willingly took the cognitive test to put the public at ease.
In the letter posted above, Obama expresses his disappointment at “the cheap shot” Jackson took at Joe Biden. He did not, however, claim that the statements Jackson made were untrue. It is almost impossible to ignore the missteps of President Biden at this point in time, and America has become the laughing stock of the world for putting a senile old man in charge. The Democrats clearly knew that Biden was mentally unfit to run for president but elected him anyway. This man possesses the nuclear codes, executive order powers, and the ability to catapult this country into the Dark Ages.
Posted originally on the conservative tree house on July 14, 2022 | sundance
CNBC is the Biden defense team for media broadcasts of anything related to the economy. As a result, you know things are bad when CNBC broadcasts that Joe Biden’s economy has the highest level of dissatisfaction in the history of their surveys.
Steve Liesman was given the task again to share the horrible results. WATCH:
Posted originally on the conservative tree house on July 14, 2022 | sundance
The “Producer Price Index” (PPI) is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released June price data [Available Here] showing another 11.3% increase year-over-year in Final Demand products at the wholesale level.
Overall, the wholesale inflation rate is being driven by energy prices. The June calculation shows exactly that problem with energy prices embedded in goods driving 10% of the price increase. However, there is some good news in the short-term for July and August, as the intermediate and raw material costs are leveling off temporarily. Unfortunately, that raw material price plateau is almost certainly the result of a drop in demand.
The June inflation rate for final demand goods (2.4%) is driven mostly by higher energy prices (10%). Energy costs are passed along through every stage of the supply chain contributing to an overall wholesale price increase of 2.4% in June, 11.3% year-over-year.
Notice the slight drop in final demand services; that is important. What we are seeing is a contraction in the service economy overall, as the service sector -which includes restaurants- cannot pass along the scale of energy price increase to customers. People are changing their spending habits – service demand overall is dropping.
Additionally, the producer price index gathers data from inside the supply chain, backwards from the final stage (wholesale) into the intermediate stage (various processing) and also raw material prices. Here is where things are getting interesting, and now I can make some direct forward predictions.
I modified Table-B so you can see how the supply chain for goods is responding to both: (A) energy prices, and (B) consumer spending. You can click on the graphic to expand the image and spend some time on it if needed.
You can see from the left side of modified Table-B that both levels of intermediate goods were heavily impacted by energy prices. “Intermediate” processed goods rising 2.3% in June, 22.2% year-over-year. Intermediate unprocessed goods (raw materials) rose 9.5% in June, 58.0% year-over-year.
However, if you subtract the massive June energy costs, you will note the intermediate price of nonfood processed goods significantly dropped to 0.2% in June. And if you subtract the energy costs, you will notice the raw material prices for nonfood durable goods actually declined 2.2% in June.
Here’s what is going on…
The inflationary impact of Joe Biden’s Green New Deal energy program is running into the inability of consumers to pay for the price increases it creates. That is what is causing the demand side drops in retail economic activity on Main Street. We all know this.
As a result of these high prices, there is less internal demand within the supply chain for both goods and services. Inventories are climbing and the demand for raw materials to produce durable goods is now declining. Subtract the energy costs and nonfood prices are dropping. The decline is a raw material demand outcome.
June energy prices were extremely high. That’s driving the current PPI price outcome at all stages; but behind that issue is low manufacturing activity.
Remember, two months ago we said food prices would plateau in July and August. This PPI report shows the entry into that plateau. However, there is a problem on the horizon that is not measured in this data.
The high energy costs to farmers (fertilizer, diesel, oil, energy, etc.), a cost already seeded (forgive the pun) is right now in the fields…. waiting…. sitting somewhat dormant and ignored by the statisticians… but that higher origination price is growing and lurking….
When the farming harvests take place, those higher field costs will enter the supply chain again and end up finding their way, via wholesalers and supermarkets, to your fork. Big Ag is going to maximize this opportunity.
Farmers will not be the ones benefitting.
♦ For the next two months the Consumer Price Index and Producer Price Index will show inflation stability and possibly even price declines.
Those reports will come out in August (for July) and September (for August) and will give the impression that inflation has moderated, and the Fed has been successful. However, in/around Sept and October the harvest cost will hit the stores. At that point, energy prices -already high- will take a backseat to the rate of inflation driven by massive increases in food prices.
Oct, Nov and December, all the way through the winter, will be painful at the grocery stores and supermarkets. Also, restaurants this fall and winter, are going to get hit hard as their suppliers start to deliver food at much higher prices. Those people in the food service industry need to prepare now for what is looming.
Everything I just described above is happening at the same time as consumer demand for durable goods and non-essential services is dropping. The current economic activity on Main Street is tepid at best. Housing values have peaked along with rents.
Every element of the U.S. economy is now entering a phase where success or failure in a Main Street business is directly connected to the customer being able to afford the product or service.
Two-thirds of our Gross Domestic Product (GDP) is driven by consumer spending. Our borders are open, our wages are flat, our prices are high, our discretionary spending is contracting. Our manufacturing and service driven economy will contract, and we are two months away from food stability, prices, affordability and potentially scarcity, being the primary focus of everyone.
Children suffered the worst long-term consequences of the lockdowns. “The State of Global Learning Poverty: 2022 Update,” found that an alarming 70% of middle and lower-class 10-year-olds across the globe cannot read. There is no greater freedom than knowledge, and reading comprehension is essential to our modern-day existence. “Only the richer segments of the population—those with broadband connectivity, access to devices for the use of each family member, a place to study, availability of books and learning material, and a conducive home environment, among other conditions—were able to maintain a reasonable level of education engagement,” the study cited. We are now in the midst of an education crisis where children have fallen perhaps too far behind to catch up with their peers.
Latin America, the Caribbean, and South Asia saw the most notable declines in learning as schools there completely closed and many did not have access to online education. Sadly, many of the organizations that pushed for the lockdowns and school closures, such as the Bill & Melinda Gates Foundation, would like to step in to help re-educate these children. They will try to reshape an entire generation of vulnerable children as they see fit. “Fighting this learning crisis is the challenge of our times if we do not want to lose this generation of children and youth,” the report said.
“COVID-19 has devastated learning around the world, dramatically increasing the number of children living in Learning Poverty,” said Jaime Saavedra, Global Director for Education at the World Bank. “With 7 in 10 of today’s 10-year-olds in low- and middle-income countries now unable to read a simple text, political leaders and society must swiftly move to recover this generation’s future by ensuring learning recovery strategies and investments.” They are calling this phenomenon “learning poverty,” but the issue was not based on class. This drastic decline in reading comprehension is a direct result of lockdowns and school closures.
The report tries to claim that “learning poverty” was prevalent before the lockdown, but there is no denying that allowing children to miss 273 days of school in certain areas of the world caused this problem. The report says learning poverty violates children’s right to education, but the lockdowns and tyrannical crackdown on a largely unlethal virus harmed ALL children across the globe.
So now, children risk losing $21 trillion in lifetime earnings, equivalent to 17% of global GDP. Our model has been targeting 2030 for many years as a major turning point. Unsurprisingly, this report claims that if we follow the guidance of the same agencies who forced school closures, we can attain a newly indoctrinated, I mean educated, population by 2030.
Posted originally on the conservative tree house on July 13, 2022 | Sundance
Officials in the state of Texas are worried the emergency measures taken Wednesday to avoid blackouts may not be enough. The utility operators urgently need the wind to start operating the windmills or things might get worse. Reuters News has more:
(Reuters) – Texas’s power grid operator on Wednesday took emergency measures to avoid rolling blackouts as soaring electricity demand threatened to outpace available supplies amid a stifling heatwave.
The Electric Reliability Council of Texas (ERCOT), which operates the grid that serves more than 26 million customers, initiated a rarely used emergency program that is triggered when supplies fall below a critical safety margin.
Earlier, ERCOT had urged residents to cut power use during the hottest hours of the day and warned of a risk for rolling blackouts. Residents were asked to turn up thermostats, defer the use of high-power appliances and turn off swimming pool pumps.
The emergency notice came after ERCOT began paying suppliers an average of $5,000 per magawatt hour to keep generators running. That price is the highest the grid operator pays. “They were pulling a lot of levers to avoid going into emergency operations and rolling blackouts,” said Doug Lewin, president of consultants Stoic Energy LLC. (read more)
Call me Captain Obvious, but in addition to the population migration, it looks like Texas imported California’s energy policies. The sustainable energy isn’t sustainable. However, on a positive note, their state ESG score is improving.
Posted originally on the conservative tree house on July 13, 2022 | Sundance
Gasoline in Mexico is $3.12/gal. Gasoline in the United States is $4.78/gal
The media did not give this much attention; however, Mexican President Andres Manuel Lopez-Obrador thoroughly, albeit diplomatically, dressed down Joe Biden over his economic and energy policy during a Tuesday visit to the White House.
You might remember that together with a host of south and central American leaders, Mexican President Lopez-Obrador refused to attend Joe Biden’s Latin-America summit last month {Go Deep}. With that in mind Obrador’s media remarks in the oval office are quite remarkable in their pointedness.
The video and audio are tenuous, and the delay for interpretation makes following the flow of AMLO’s comments a little challenging. However, if you read the transcript you can clearly see how AMLO is diplomatically undressing Biden over the economic issue of U.S. energy policy. It would appear that AMLO is not part of the great western reset and has no intention on inflicting the pain that is deliberately being created by other western leaders. [Video at 23:30, Transcript Below] WATCH:
Now keep in mind that socially AMLO is a soft-socialist (immigration). However, he is also a strong economic nationalist who has previously expressed a strong dislike for the influence of multinational corporations in Mexico. AMLO is not a World Economic Forum acolyte. AMLO is on team BRICS.
In these remarks, AMLO is very pointedly telling Joe Biden that his U.S. energy policy is seriously flawed. It is really quite remarkable.
AMLO tells Biden that Mexico will continue investing in expanded refining of gasoline, and he is willing to sell that gasoline to American companies because Joe Biden will not issue permits to expand gasoline refining capacity in the United States. Additionally, AMLO affirms his position on further oil development in Mexico and then, here comes the kicker,…. offers to expand electricity sales to the United States, including supplying Texas with electricity because both the Biden administration and Texas are not developing their own energy resources.
AMLO is telling Biden that Mexico will increase energy subsidies to the United States if Biden asks him to. Think about that.
[Transcript] – PRESIDENT LÓPEZ OBRADOR: (As interpreted.) Yes, I fully coincide with what you have proposed, President Biden. And I could summarize everything we’ve been saying in five basic items of cooperation.
Number one, since the energy crisis started, Mexico has used 72 percent of its crude and fuel oil exports to United States refineries — 800,000 barrels a day.
Therefore, we decided that while we’re waiting for prices of gasoline to go down in the United States — and I hope that Congress approves or passes your proposal, Mr. President —
PRESIDENT BIDEN: It has gone down for 30 days in a row. (Laughs.)
PRESIDENT LÓPEZ OBRADOR: (As interpreted.) — of lowering — lowering prices, yes. That’s it.
In the meantime, while we’re waiting for prices to go down, we have decided that it was necessary for us to allow Americans who live close to the borderline so that they could go and get their gasoline on the Mexican side at lower prices.
And right now, a lot of the drivers — a lot of the Americans — are going to Mexico, to the Mexican border, to get their gasoline.
However, we could increase our inventories immediately. We are committed to guaranteeing twice as much supply of fuel. That would be considerable support.
Right now, a gallon of regular costs $4.78 average on this side of the border. And in our territory, $3.12.
Let me clarify something, and I also want to take advantage of this opportunity to thank you, Mr. President. Most of this gasoline, we are producing it in the Pemex refinery that you allowed us to buy in Deer Park, Texas.
Two, we are putting at the disposal — or sending at the disposal of your administration over 1,000 kilometers of gas pipelines throughout the southern border with Mexico to transport gas from Texas to New Mexico, Arizona, and California for a volume that can generate up to 750 megawatts of electric energy and supply about 3 million people.
Three, even though the USMCA has made progress for the elimination of tariffs, there are still some others that could be immediately suspended. And we could do the same with some regulations, regulatory measures, and tedious procedures or red tape in terms of trade related to foodstuffs and other products so that we can lower prices for consumers in both our countries, always being very careful in the protection of health and the environment.
Four, starting a private-public investment plan between our two countries to produce all those goods that will be strengthening our markets so that we can avoid having importations from other regions or continents.
In our country, we shall continue producing oil throughout the energy transition. With the U.S. investors, we are going to be establishing gas-liquefying plants, fertilizer plants, and we shall continue promoting the creation of solar energy parks in the state of Sonora and other border states as well.
And we’re going to accomplish this with the support of thermal electric plants and also through transmission lines to produce energy in the domestic market, as well as for exports, to neighboring states in the American union, as for instance, Texas, New Mexico, Arizona, and California.
It’s also important to mention that, two months ago, we took the sovereign decision of nationalizing lithium in Mexico. This is a fundamental mineral, a fundamental input to advance in our purpose not to depend on fossil fuels. And this will be available for the technological modernization of the automotive industry among our great countries — the countries of the USMCA.
Five, orderly migration flow and allowing arrival in the United States of workers, technicians, and professionals of different disciplines. I’m talking about Mexicans and Central Americans with temporary work visas to ensure not paralyzing the economy because of the lack of labor force.
The purpose of this plan would be to support and to have the right labor force that will be demanded by the plan you proposed and that was passed by Congress of using $1 trillion for the construction of infrastructure works. (read more)
Mexican President Lopez-Obrador is offering to bail out the United States energy crisis.
Posted originally on the conservative tree house on July 13, 2022 | Sundance
Democrats are historically known for the optics of their politics. With that in mind, is it coincidental that California Governor Gavin Newsom, one of the leading people that leftists want to see run in 2024, shows up to tour the White House the day after Joe Biden leaves town?
Considering the recent article from the New York Times outlining how most democrats do not want to see Joe Biden run for reelection, the timing seems rather conspicuous. {Direct Rumble Link} WATCH:
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Gavin Newsom is turning California into Somalia, so it would make sense for him to be the next one in line to continue the chaos.
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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
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