White House Economic Council Chair Says Biden 85% Disapproval Irrelevant When Making Economic Transition to New and Permanent U.S. Energy Program


Posted originally on the conservative tree house on June 30, 2022 | Sundance

National Economic Council Chairman Brian Deese essentially confirms what everyone suspected about Joe Biden’s polling, approval and disapproval.  It is quite obvious to everyone now that Biden is a disposable figurehead for the people inside the administration and government who are going full speed ahead with the Green New Deal via executive and regulatory action.

During a CNN segment Deese is challenged by the 85% disapproval and he ignores the opposition from the American people by saying the White House needs to “remind people as we go through this period” where energy costs are skyrocketing because climate change goals are unsustainable, during this economic “transition” they have made other progress.  WATCH: 

Joe Biden represents the once in a lifetime opportunity for every ideological leftist in government to carry out the most extreme energy policy without regard to political consequence.  Biden doesn’t even know what they are doing; that’s why there are conflicts between his statements about energy policy and the factual activity that is taking place around energy policy.  Biden couldn’t name the Interior Secretary if his life depended on it.

The extreme elements around Biden are taking advantage of his cognitive and intellectual deficit.  Obama told everyone Biden was an idiot, and now the Obama ideologues are using that idiot to fundamentally change America.   It is clear what they are doing; unfortunately, almost everyone in media and the leadership of both parties are pretending not to know what is happening.

But wait, it gets worse in the next soundbite from Deese .

When asked what the White House would say to families being crushed by high gas and energy prices, Deese says the radical left must “stand firm” with the extreme energy policy because this is the future of the “liberal world order”.  WATCH:

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Atlanta Fed Revises Second Quarter GDP Estimate to Negative 1 Percent


Posted originally on the conservative tree house on June 30, 2022 | Sundance 

We can see no political scenario where the Bureau of Economic Analysis (BEA) will report a negative second quarter GDP number, despite the reality of a contracted economy.

A negative second quarter GDP would mean the Joe Biden economic policies have resulted in a recession.   Yes, the economy is contracting; and yes, the economy is in an actual recession.  However, it would be too politically damaging for the federal bureaucrats to quantify it accurately.

That being said, the Atlanta Fed is now calculating a negative 1% second quarter GDP result [DATA HERE]:

(Fed Reserve) – The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is -1.0 percent on June 30, down from 0.3 percent on June 27. After recent releases from the US Bureau of Economic Analysis and the US Census Bureau, the nowcasts of second-quarter real personal consumption expenditures growth and real gross private domestic investment growth decreased from 2.7 percent and -8.1 percent, respectively, to 1.7 percent and -13.2 percent, respectively. (link)

CTH predicts the BEA is likely to generate a statistical report somewhere in the +0.5% range. Just enough positive GDP to avoid the literal definition of a recession.  The BEA report will be issued at the end of July and if they follow recent patterns, they will likely underestimate the inflation rate as well as under-calculate the import data. 

Sanity Prevails, Supreme Court Strikes Down EPA Cap and Trade Scheme for Power Plants


Posted originally on the conservative tree house June 30, 2022 | Sundance 

The Environmental Protect Agency (EPA) was attempting to restrict the energy production from coal-based power plants through a regulatory cap-and-trade scheme intended to limit the emissions from electricity plants. However, by a 6-3 vote the Supreme Court said today the Clean Air Act does not give the EPA broad authority to regulate greenhouse gas emissions from power plants. [pdf Ruling Here] The regulation -if any- must come from congress, not regulatory fiat from an executive agency.

New York Post – The Supreme Court rolled back the Environmental Protection Agency’s authority to regulate greenhouse gas emissions from power plants Thursday, dealing a massive blow to the Biden administration’s plans to fight climate change.

The 6-3 decision overturned a lower court ruling that gave the federal agency virtually unlimited regulatory powers through the Clean Air Act. […] Writing for the majority, Chief Justice John Roberts agreed with the states that “it is not plausible that Congress gave EPA the authority to adopt on its own such a regulatory scheme.”

“A decision of such magnitude and consequence rests with Congress itself, or an agency acting pursuant to a clear delegation from that representative body,” he added.

Roberts also noted that the EPA claimed to have the authority to regulate greenhouse gas emissions only after Congress declined to expand that authority through legislation.

“At bottom, the Clean Power Plan essentially adopted a cap-and-trade scheme, or set of state cap-and-trade schemes, for carbon,” the chief justice wrote. ” … Congress, however,  has consistently rejected proposals to amend the Clean Air Act to create such a program. It has also declined to enact similar measures, such as a carbon tax … Given these circumstances, our precedent counsels skepticism toward EPA’s claim …” (read more)

The Untold War in Syria and Deserted Pipelines


Armstrong Economics Blog/Energy Re-Posted Jun 30, 2022 by Martin Armstrong

We’ve heard of the refugees and people fleeing Syria for a better life, but the media rarely reports how dire the situation has become. Reuters recently reported that 1.5% of the Syrian population is DEAD due to the ongoing war. Estimates state that around 83 people (18 who are innocent children) die every day in Syria. So why has everyone overlooked this decade-long deadly battle?

I mentioned in 2013 how former President Obama wanted to invade Syria. In 2009, Qatar proposed a pipeline that would have sent energy to Europe from Saudi Arabia, Syria, and Jordan. Then Syrian ruler Assad, backed by Russia, began negotiating for a different pipeline with Iran that would run gas to Europe from Iraq and Syria. Russia saw an economic advantage to having the latter pipeline as the US was too closely linked to Qatar, and therefore, the Iranian pipeline became a priority for Russia.

Putin met with Obama in 2015 to ask him to support Assad against ISIS. Obama objected as that was not economically beneficial for the US and would give Russia almost a monopoly over European energy. Obama began suddenly lifting sanctions on Iran to break the forming alliance. Russia entered Syria on the exact day the ECM predicted, and the US began backing Assad’s opposition even though that meant funding the terrorist group ISIS.

There have been no developments on the Iran–Iraq–Syria pipeline (known as the friendship pipeline) since 2013. The Syrian people have been left to rot. There is so much virtue signaling for Ukraine, but numerous nations invaded Syria and left their economy and infrastructure in shambles. No politician cares about the people; nearly all decisions are made based on money. The US lost this battle as Russia remains an energy powerhouse with a stronghold on the entire energy sector. Thanks, Obama.

Macron Tells Biden to Rethink Energy Plans


Armstrong Economics Blog/Energy Re-Posted Jun 30, 2022 by Martin Armstrong

French President Emmanuel Macron pulled US President Joe Biden aside at the G7 summit to explain a few basic facts. Biden has been demanding Middle Eastern nations ramp up their oil and gas production to help offset the energy crisis his administration has created. It’s ok to drill and take from the environment as long as it is not on US soil.

A reporter recorded Macron explaining to Biden that the United Arab Emirates is already at maximum capacity and cannot produce more oil. He also told him that begging the Saudis for oil was a lost cause too. These were the only two OPEC nations left that the US thought it could tap into for more oil.

Journalist Michael Shellenberger tweeted part of the exchange between the US and French leaders: “I had a call with MBZ,” Macron said. (MBZ is the leader of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan.) “He told me two things. I’m at a maximum [production capacity] and [the] Saudis can increase by 150 [thousands barrels per day].”

Reporters were visibly in earshot when Macron spoke to Biden, which seems like a strategic move. It is a not-so-subtle effort to explain to the US, as the world is watching, that they have the power to ramp up production on its own without grappling for help from other nations.

Hutchinson & the Real Lie Behind this Latest Scam


Armsttrong Economics Blog/Politics Re-Posted Jun 30, 2022 by Martin Armstrong

It is very curious that Cassidy Hutchenson is testifying to what would be considered inadmissible evidence in a court of law. She has said that President Donald Trump was so irate that his Secret Service detail wouldn’t take him to the Capitol on Jan. 6 that he tried to grab the wheel of the armored limousine, then attacked one of the agents, according to testimony from a top former White House aide. This is HEARSAY and this political agenda of January 6th is a kangaroo court in its grand sense.

The entire object here is to claim January 6th was an armed insurrection so they can constitutionally prevent Trump from running again. This so-called “evidence” from Cassidy Hutchenson would NEVER be allowed in any court of law. The only person who could give such evidence would be the Secret Service agent. It must be someone with personal knowledge. Hutchenson has ruined her career for who would hire her fearing she could testify against her boss and makes up anything.

A proper constitutional investigation would be to take Hutchinson’s statement, identify the Secret Service agent, and then subpoena him to the stand. The fact that they never contacted the Secret Service raises a HUGE Red Flag that they are simply trying to poison the minds of everyone knowing that this is NOT acceptable evidence in a court of law.

This is like a disgruntled neighbor calling the cops saying they “think” you killed your spouse because they have not seen them for a week when they are merely out of town. I have deep concerns that now Hutchinson may have been offered something in return for this testimony and here we have Liz Cheney, whose father created the Iraq Way on fake information killing millions of people, and was responsible for the rise of ISIS, claiming falsely that “the case for prosecuting Donald Trump just got much stronger.” She is NOT stupid. She is an is an American attorney and therefore knows that HEARSAY is not acceptable in any court in the world. She is DELIBERATELY lying to the public to prevent Trump from ever running for President.

I hope Wyoming just moves West and joins California for hopefully they will secede from the Union and I will cheer – good riddance! This is not about the rule of law. This is about oppression. The Justice Department is trying to give people who were just there taking a selfie 5 years in prison.

Tucker Carlson Walks Through a List of Political Dissidents the Biden Administration Has Targeted in the Last 18 Months


Posted originally on the conservative tree house on June 29, 2022 | Sundance

In his opening monologue tonight, Fox News host Tucker Carlson outlined a political list of DOJ and FBI targets over the past 18 months.  Some of these examples are probably forgotten; however, when you see the examples highlighted with a timeline it really does showcase how our system of government has been weaponized by a corrupt Dept of Justice and corrupt FBI.

The part where the political dissidents are outlined begins at 05:39 (prompted) WATCH:

Farm Bureau Estimates July 4th Food Basket Costs 17 Percent More in 2022


Posted originally on the conservative tree house on June 29, 2022 | Sundance

The U.S. Farm Bureau posts their calculated cost of the July 4th holiday food basket each year.  This year the Farm Bureau is estimating a cost of $69.68 for ten people, that is an increase of 17% from 2021. [DATA HERE]

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I’m not sure we could feed ten people for less than $70, but that’s the estimate from the Farm Bureau which aligns with the Consumer Price Index.  Full data below.

(Farm Bureau) – […] Data for this year’s survey was collected by 176 volunteer shoppers across the country and in Puerto Rico, including Farm Bureau members and others.

Individual Prices, AFBF 2022 Summer Cookout

2 pounds of ground beef, $11.12 (+36%)

2 pounds of boneless, skinless chicken breasts, $8.99 (+33%)

32 ounces of pork & beans, $2.53 (+33%)

3 pounds of center cut pork chops, $15.26 (+31%)

2.5 quarts of fresh-squeezed lemonade, $4.43 (+22%)

2.5 pounds of homemade potato salad, $3.27 (+19%)

8 hamburger buns, $1.93 (+16%)

Half-gallon of vanilla ice cream, $5.16 (+10%)

13-ounce bag of chocolate chip cookies, $4.31 (+7%)

2 pints of strawberries, $4.44 (-16%)

1 pound of sliced cheese, $3.53 (-13%)

16-ounce bag of potato chips, $4.71 (-4%)

DATA Source

Civics Fail, AOC Says it is Responsibility of Executive Branch and Legislative Branch “to put the supreme court in check”


Posted originally on the conservative tree house on June 29, 2022 | Sundance

June 29, 2022 | Sundance | 158 Comments

In exactly 22 seconds during a late-night television appearance, Democrat Representative Alexandria Ocasio-Cortez showcased her lack of understanding how the United States government works.  Ms. AOC literally gets the construct of our government reversed.

According to AOC it is “the responsibility of the president and congress to put the Supreme Court in check.”

Exactly the opposite is true.

It is the literal role and responsibility of the Supreme Court to check the constitutional validity of the legislative and executive branch.   The supreme court exists, almost exclusively, to keep the president and congress in check.  WATCH:

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Ms. AOC could not be more wrong if she tried.  However, this is a great example of how basic civics are unknown to some of the people in congress.   Quite remarkable.

Turkey Drops Opposition to Sweden and Finland Joining NATO, Biden Approves F-16 Sales to Turkey


Posted originally on the conservative tree house June 29, 2022 | Sundance

Quid-pro-Joe.

In March of this year Finland President Sauli Niinistö traveled to the White House [link].  In April reports first surfaced of Finland and Sweden joining the NATO alliance [link].  In mid-May of this year President Sauli Niinistö stated his decision for his country to join NATO was a matter of needing to choose sides, “what we see now, Europe, the world, is more divided. There’s not very much room for ‘non-aligned,’ in-between. So that was also what we are thinking,” he said [link]

The next day, May 16th, Turkish President Recep Erdogan, a preexisting NATO member, said Turkey would block the application of Sweden and Finland from joining NATO until their conditions and terms were accepted [link].  Two days later, May 19th, Joe Biden, flanked by Finnish President Sauli Niinisto and Swedish Prime Minister Magdalena Andersson (again at the White House), said the two countries would “make NATO stronger.” [link]

On Tuesday of this week Turkey removed their block of Sweden and Finland from joining NATO, and on Wednesday Joe Biden agreed to sell Turkey 40 Lockheed Martin-made F-16 fighters and nearly 80 modernization kits for its existing warplanes:

Newsmax – The Biden administration threw its support on Wednesday behind the potential sale of F-16 fighter jets to Turkey, a day after Ankara lifted a veto of NATO membership for Finland and Sweden.

Celeste Wallander, Assistant Secretary for Defense for International Security Affairs at Pentagon, said strong Turkish defense capabilities would reinforce NATO’s defenses.

“The United States supports Turkey’s modernization of its fighter fleet because that is a contribution to NATO security and therefore American security,” she said. (read more)

Finland now represents an additional 1,340 km (830 mi) long direct border with Russia.  The border runs mostly through uninhabited taiga forests and sparsely populated rural areas.  Two weeks ago, June 9, 2020, Finland announced their “government plans to amend border legislation to allow the building of barriers on its eastern frontier with Russia, […] in a move to strengthen preparedness against hybrid threats amid Russia’s invasion of Ukraine.” [link]

The NATO alliance has now done a great deal of logistical and strategic placement in advanced preparation for the next phase of the conflict with Russia.   Notice where the emphasis is in the statements from Joe Biden and Recep Erdogan (emphasis mine):

MADRID – President Biden lavishly praised Turkish President Recep Tayyip Erdogan for his “leadership” after the autocratic leader agreed to allow Finland and Sweden to join NATO in response to Russia’s invasion of Ukraine.

Biden sat with Erdogan on the sidelines of the Atlantic alliance’s summit in Madrid Wednesday and thanked him for allowing the two Nordic states to join the bloc as well as working on ways to export Ukrainian grain in a manner that bypasses obstructions caused by the war.

“I want to particularly thank you for what you did putting together the situation with regard to Finland and Sweden, and all the incredible work you’re doing to try to get the grain out of Ukraine and Russia. I mean, you’re doing a great job,” Biden told Erdogan.

The Turkish leader, known for jailing reporters and dissidents, had threatened to block the alliance’s expansion over Sweden and Finland taking a purportedly weak stance against Kurdish activists whom the Ankara government calls “terrorists.”  Erdogan, speaking through a translator Wednesday, said he hopes to broker exports of grain from Ukraine.

“The Russia and Ukraine conflict and the negative developments with regards to taking out of the grain from the Ukrainian ports, as well as the developments involving oil and natural gas, require all of us to work together in order to settle the disputes once and for all,” Erdogan said.

He added that “there are countries deprived of the grains, and we will open corridors, and we will allow them to have access to the grains that they so need.” 

Biden concluded a media availability by saying to Erdogan, “It’s in large [part] because of your leadership. Thank you. I really mean it. Thank you.”  (read more)

Keep in mind, every western media narrative from this Ukraine war is filled with propaganda.

Despite the western media and western government claims to the contrary, in all of the regions of the country under the control of the Ukrainian government the grain stores have been destroyed by the Ukraine military.   Brave independent journalists on the ground in Ukraine have been providing the documentary evidence of Ukraine Armed Forces (UAF) destroying and burning grain warehouses and silos. [link]

Save the direct evidence videos if you want them.  Now that CTH is showing the evidence of Ukraine government burning and destroying the grain these videos will disappear and this Twitter account will likely get removed.

Ukraine military and government officials are destroying grain storage.  At the same time fields are burning and the western media are blaming Russia for setting fire to farmland in an effort to destroy the grain harvest.   Simultaneous to these conflicting claims, also keep in mind the New York Times has been reporting the CIA and Pentagon are controlling all military operations from secret operational headquarters in Kyiv [link].

Can you see what is happening?

Again, I repeat…. The NATO justification for war against Russia will come as an outcome of food shortages and western government blaming Vladimir Putin.  Toward that end, it is in their interest to destroy food harvests from inside Ukraine in an effort to increase food shortages and support their justification.  The CIA is operating there.  Can you see what is happening?

NATO and the Western alliance need to position global food shortages on the shoulders of Vladimir Putin in order to justify their war with Russia as a war to stop global famine.   Can you see what is happening?

Joe Biden and NATO now position Turkish President Recep Erdogan as the broker, the diplomat in the middle, who is trying to help feed the world by securing Ukrainian shipments of grain that are simultaneously being destroyed by Ukrainian military operations under the control of the CIA.  Can you see what is happening?

It is not in Russia’s geopolitical or strategic interests to destroy Ukraine food supplies.

In order to maintain their geopolitical position and hold Climate Change energy policy as the priority, the western alliance must have a way to deflect the shortage of food away from their energy policy and toward something else.   Can you see what is happening?

War is coming.  It is not a question of “if”, it is a question of “when”?

Can you see what is happening?

Watch western media.

When they start really pushing Russia as the reason for world food shortages, we will be closer to the start of the war.