Category U. S. DC Uni-party

Jun 4 2022

May Employment Report Shows 390,000 Job Gains, with Losses in Sectors Reliant on Disposable Incomes


Posted originally on the conservative tree house on June 3, 2022 | Sundance 

The Bureau of Labor and Statistics (BLS) has released the May jobs report {DATA HERE} showing a net 390,000 jobs added overall.

The leisure and hospitality sector gained 84,000, as restaurants and hotels appear to be recovering from the massive pandemic losses.  However, within the reporting there is concern about the sectors that are now showing signs of increased employment weakness, including 61,000 job losses in retail.

The unemployment rate remains the same at 3.6% in May. About 330,000 people joined the labor force, however the participation rate remains below prepandemic levels.

Most analysts like the Wall Street Journal are explaining the contradictory sector specific numbers by saying, “Consumers, who loaded up on goods such as televisions and furniture early in the pandemic, have started to shift their spending to in-person services such as travel or restaurant meals.”  While there may be some truth to that outlook, it appears that most macro-perspectives are still discounting the extreme increases in price that are now baked into this new ‘transitional economy.’

Consumer purchasing is very prioritized because food, fuel, energy and housing are now eating up much more of the average person’s paycheck.  People cannot pay 30 to 50% more at the gas station and grocery store and still retain disposable income for durable goods purchases.  That’s the basic issue.

The durable goods sector shows the contraction in employment due to the loss in disposable income.

Here’s the main graphic [Table-B] showing where the jobs are being gained and where the jobs are being lost.

Jun 4 2022

House Representative David Cicilline Introduces 2022 Democrat Campaign Strategy, Constitutional Rights are “Bulls**t”


Posted originally on the conservative tree house on June 3, 2022 | Sundance

Democrat House of Representatives member David Cicilline (Rhode Island) delivered remarks during a congressional hearing about the second amendment rights of Americans.  Within his prepared remarks Representative Cicilline says the quiet backroom part out loud and introduced the modern democrat perspective on the constitution.  WATCH:

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When people show you who they are, what their priorities maintain and how they structure their outlooks, it is generally the best idea to accept it.

If constitutional rights are “bullshit,” then what control mechanisms remain to restrain excessive government power?

Jun 4 2022

Europe Drops Airline Mask Mandate as Joe Biden Files Appeal to Reinstitute Air Travel Mask Mandate in U.S.A


Posted originally on the conservative tree house on June 3, 2022 | Sundance

The issue within the DOJ filing an appeal to force U.S. airlines to reinstate the masks for air travel has nothing to do with public safety or benefits of mask wearing on airlines. The core issue is raw government power.

At the same time as the European Union has lifted all mask wearing restrictions for airline travel, Joe Biden is filing an appeal with the eleventh circuit court of appeals (Tampa, Florida) to overturn a judge’s ruling that lifted the mask mandate for airlines.  The extreme leftists within the Biden administration want to retain the power over people as an essential element within their larger agenda.

Freedom and self-determination are antithetical to the Build Back Better agenda, which necessarily includes the power of the federal government to make unilateral decisions that impact the lives of the people beneath it.  The airline mask mandate is just one small visual demonstration of the power of government over the people.

The need for raw power and forced edicts is why Biden cannot allow his fiats to be ignored.

WASHINGTON – The Department of Justice has appealed a federal judge’s ruling that vacated the federal mask mandate for public transportation.

A filing was made Tuesday, hours before the deadline and more than a month after the DOJ said it had filed a notice of appeal following the Centers for Disease Control and Prevention saying it was requesting the challenge.

Several airlines and other sources of public transportation dropped their masking rules after U.S. District Judge Kathryn Kimball Mizelle in Tampa, Florida, vacated the federal mask mandate in April. The mandate, instituted as a means to stop the spread of COVID-19, had been set to expire May 3 after it was extended by the Biden administration.

[…] The appeal seeks to reverse the ruling from a lawsuit filed by the Health Freedom Defense Fund, a nonprofit legal organization that specializes in healthcare cases. In its lawsuit, the fund argued that the CDC overstepped its authority by enacting the mask mandate “without any public comment, or serious scientific justification.” (read more)

The people behind the Biden administration are operating on an agenda that is entirely hidden by the willful compliance of a corporate media apparatus.  Almost everything associated with the Biden agenda to fundamentally transform the U.S, requires everyone to pretend the agenda is something else.

What they are doing is extremely dangerous.  However, it is the national pretending that is really killing us.

The facemasks are just one small sub-set of an example.

Jun 3 2022

Why Guns Must Be Banned Now!


By Awaken With JP  originally Published on Rumble on June 2, 2022

Here’s exactly why it is a good idea to ban all guns now!

Jun 3 2022

Bayer Head Admits COVID-19 Vaccine is Gene Therapy


Armstrong Economics Blog/Corruption Re-Posted Jun 3, 2022 by Martin Armstrong

Stefan Oelrich, head of Bayer’s pharmaceuticals department, admitted at the World Health Summit that the COVID-19 vaccine is gene therapy. He smugly stated that the drug companies knew people would reject the vaccine if they knew it was in fact a gene-altering injectable. They lied to us for profits as the vaccine certainly did not prevent anyone from contracting or transmitting the virus.

“If we had surveyed two years ago if people were willing to take gene or cell therapy and inject it into your body we would have probably had a 95% refusal rate,” Oelrich admits while forgetting many took the “gene therapy” through force.

Twitter has already flagged retweets of this video as “misleading.” The conspiracy theorists who were told they had no place in society were right as Big Pharma and governments worldwide used the public as guinea pigs for the largest gene therapy study in history. We still do not know the long-term health implications but have seen a variety of health issues and lingering side effects in the short-term. Revolutions have occurred over much less.

Jun 3 2022

The Personal Savings Rate is at Great Recession Levels 


Armstrong Economics Blog/North America Re-Posted Jun 3, 2022 by Martin Armstrong

Saving money has become impossible for many amid 40-year high inflation. According to data from the US Bureau of Economic Analysis, the personal savings rate reached 4.4% in April after steadily declining from the 6% level seen in January. This marks the lowest rate on record since September 2008 amid the Great Recession.

People hoard and save when they are pessimistic about the future. That innate desire to save is not possible with inflation at 8.3%. For example, in April 2020, the lockdowns began to take a stronghold on the US. People were losing their jobs, basic necessities such as toilet paper were in short supply, and no one knew when life would return to normal (spoiler: it never will). Fears were high, but inflation was only 4.2%. The personal savings rate at that time reached a historical high of 33.8%, partially due to government handouts, social programs, and payment moratoriums.

People can hardly save with the current cost of living. If the economy continues to slide into a recession, survival will be the main concern rather than saving.

Jun 3 2022

Yellen & Inflation


Armstrong Economics Blog/ECM Re-Posted Jun 3, 2022 by Martin Armstrong

QUESTION: Marty; I have been a follower for years. Your model has correctly forecasted every major trend from civil unrest to disease. But your forecast that this wave would be commodity inflation based on shortages years in advance, proves that you deserve the Noble Prize. Absolutely no analyst did that although many now pretend they are forecasting this trend. I have to ask. Why is the government refusing to use your model?

HK

ANSWER: The entire economic field sells itself as the solution. They reject the idea of any defined business cycle BECAUSE that means there can be no manipulation. Just look at Schwab and his World Economic Forum, which will be one day cast as the evil emperor in some future version of “Planet of the Manipulators.” If they listened to this model and followed it, they would reject Schwab’s obsession with Marxism. As long as the economy is random, then they can manipulate it. Following my model strips them of that power.

There are still people in the former Iron Curtain countries that miss communism. Why? It is the same in prison. You become institutionalized and have no responsibilities, including taxes. Someone hands you a broom, you sweep the street, and it takes not a single mental thought of how to actually do the job. You can’t even be fired.

Jun 3 2022

Joe Biden Demands New Gun Control Measures, Assault Weapon Ban, Magazine Capacity Limits, Red Flag Laws, Gun Mfr Liability and More


Posted originally on the conservative tree house on June 2, 2022 

With barely more than a third of the country supporting the installed occupant of the White House, Joe Biden took to the podium tonight to demand a litany of new gun restrictions.  Biden called for the banning of assault weapons and high-capacity magazines through reinstating the 1994 Federal Assault Weapons Ban, noting that if that can’t happen, the government should raise the legal age to purchase such weapons from 18 to 21.

Biden also called on congress to construct new federal background checks, which sounded a lot like a federal registration of gun ownership.  Also, he is demanding “red flag” laws that will allow schools, counsellors, doctors and others to flag an individual as a threat to themselves or others, thereby removing their right to gun ownership.   Biden also said he want’s congress to ban large capacity magazines limiting all firearms to five bullets.   WATCH:

Jun 3 2022

JPMorgan Chase CEO Warns to Prepare for Economic Hurricane as Biden Administration Switches U.S. Economy to Green New Deal Agenda


Posted originally on the conservative tree house on June 2, 2022 | sundance 

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon warned of a “hurricane” as the economy struggles against fiscally induced growth, quantitative tightening and Russia’s invasion of Ukraine. Mr Dimon was delivering remarks at a conference sponsored by Alliance Bernstein Holdings Wednesday.

Higher oil prices, higher fuel prices, higher energy prices and much higher food prices are all looming over the horizon as the Biden administration switches the baseline for the U.S economy from oil and gas to the Green New Deal energy program. Things are going to get worse, the question is, how much worse? WATCH:

The White House is pretending the U.S. government does not have full control over what is happening in the economy.  The media are pretending not to know that the White House is avoiding admitting the agenda and economic pain is intentional and unavoidable.  The republican politicians are pretending the Biden economic transition program is because the White House is incompetent.  All of these -and so many more- are just pretenses.

What is being done by the government, in this decision to switch from an oil and gas economy into a wind and solar economy, is being done on purpose. Yes, everyone at every level of government, both political parties and every agency within it, and the entirety of the corporate media are pretending not to know this is the Green New Deal taking place.

Jun 3 2022

Small Business Payrolls Collapse in New ADP Report for May, Total Employment Result Far Below Expectations


Posted originally on the conservative tree house on June 2, 2022 | sundance

You do not need anyone to affirm that Main Street is in trouble, you can see it all around you.  Inflation is crushing blue-collar and white-collar workers as prices continue to rise on essential goods. Consumer spending is now prioritized around the higher cost of housing, energy, gasoline and food.  Family earnings are spent before the paychecks arrive for most Main St workers, and now we are starting to see the alarming result economic contraction, beginning with small businesses.

That’s the message within the ADP private sector payroll report released today [DATA HERE], which shows a contraction in small business employment.  Economists were looking for private payroll increases in the 300,00 range; but the result was far lower at 128,000.   Small businesses lost 91,000 jobs in May.  Main Street is in trouble.

WASHINGTON, June 2 (Reuters) – U.S. private payrolls increased far less than expected in May, which would suggest demand for labor was starting to slow amid higher interest rates and tightening financial conditions, though job openings remain extremely high.

Private payrolls rose by 128,000 jobs last month, the ADP National Employment Report showed on Thursday. Data for April was revised down to show 202,000 jobs added instead of the initially reported 247,000. Economists polled by Reuters had forecast private payrolls increasing by 300,000 jobs. (read more)