California has infected the United States as a whole for its insane policies have led to contagions that have unleashed a serious crime wave nationwide. Just Google “Shoplifting in San Francisco” and you will find more than 100,000 hits. This has become a real contagion spreading nationwide. You will also find many YouTube videos showing people just walking in and stealing whatever they want. This has escalated to whole gangs walking into an SF Walgreens or CVS and actually emptying the shelves. They are not prosecuted and they just walk out. At least one thief rode their bike into the store and departed the same way.
What is erupting is many current and former CEOs have issued warnings that this crime wave in California has spread to New York and many other cities. They are warning that this increase in retail thefts across the United States will contribute to INFLATION forcing higher prices, but it is also impacting areas as stores just give up and close. In fact, in June of 2021, nearly 50% of small businesses remained closed. Walgreens has been closing down stores in San Francisco on a grand scale. Between this and all the illegal aliens learning they do not have to pay for things in San Franciso, what was a nice safe city has turned into a place that is no longer the hot spot for tourists.
Posted originally on the CTH on December 14, 2022 | sundance
The logic within the research outline is silly. Unvaccinated people have a 72% higher rate of severe vehicle accidents than vaccinated drivers according to the study.
Could it be the difference between rural vs metropolitan populations; one drives frequently, for longer durations and distances, while the other does not?
Apparently, that type of commonsense possibility did not make it into the analysis. However, the authors of the study do suggest insurance companies should start considering insurance risk hikes based on vaccination status.
(Via Yahoo) – If you passed on getting the COVID vaccine, you might be a lot more likely to get into a car crash.
Or at least those are the findings of a new study published this month in The American Journal of Medicine. During the summer of 2021, Canadian researchers examined the encrypted government-held records of more than 11 million adults, 16% of whom hadn’t received the COVID vaccine.
They found that the unvaccinated people were 72% more likely to be involved in a severe traffic crash—in which at least one person was transported to the hospital—than those who were vaccinated. That’s similar to the increased risk of car crashes for people with sleep apnea, though only about half that of people who abuse alcohol, researchers found.
The excess risk of car crash posed by unvaccinated drivers “exceeds the safety gains from modern automobile engineering advances and also imposes risks on other road users,” the authors wrote.
Of course, skipping a COVID vaccine does not mean that someone will get into a car crash. Instead, the authors theorize that people who resist public health recommendations might also “neglect basic road safety guidelines.”
Why would they ignore the rules of the road? Distrust of the government, a belief in freedom, misconceptions of daily risks, “faith in natural protection,” “antipathy toward regulation,” poverty, misinformation, a lack of resources, and personal beliefs are potential reasons proposed by the authors.
The findings are significant enough that primary care doctors should consider counseling unvaccinated patients on traffic safety—and insurance companies might base changes to insurance policies on vaccination data, the authors suggest. (read more)
Posted originally on the CTH on December 14, 2022 | sundance
Mike Lindell appears with Steve Bannon to talk about his progress so far contacting RNC members who will vote for the next chairmanship position in January. {Direct Rumble Link} Currently, Ronna McDaniel, Harmeet Dhillon and Mike Lindell are the top three candidates seeking to take control of the RNC chair position.
Ronna McDaniel is the current chair akin to Mitch McConnell (Tim Scott ’24), Harmeet Dhillon represents party interests in alignment with Kevin McCarthy (Ron DeSantis ’24), and Mike Lindell is the outsider voice in the MAGA lane. WATCH:
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President Trump has announced on Truth Social that he will be making an announcement about something tomorrow. Perhaps President Trump is planning an endorsement for the RNC chair in this race.
Given the nature of the 2024 contest as it is being carried out by the schemes, plans and strategies of the background participants, I would love to see President Trump endorse Mr. Lindell and force the RNC into a position that would create a bigger potential for a second party to break through.
Let the club reject Lindell, sooner or later the Republican party needs to be fractured. Continuing to work on reforming a party that connives for its own interest and hates the voting base is not sustainable.
The DNC wants power. The RNC wants money. The DNC uses money to get power. The RNC uses power to get money. The ideology of the DNC drives their donor activity. The donor activity of the RNC drives their ideology. This is the only current difference between the two clubs, two wings of the same vulture.
Posted originally on the CTH on December 14, 2022 | sundance
As we have often discussed on these pages, inflation would ultimately moderate and plateau not because prices were dropping but rather because of the calendar cycle.
As the economy cycles through a year of large price increases, the current inflation rate cycles through to the period when prices first increased. This calendar cycle means continued price increases are lower as a percentage and thus the inflation rate appears to modify despite prices continuing to rise. [BLS Report]
This scenario, prices remaining high and continuing to climb – yet lower as a percentage, now provides the justification for the federal reserve to state inflation is moderating.
(Via NBC) – Amid signs that price growth in the U.S. economy is rapidly cooling, the Federal Reserve announced Wednesday it was slowing the pace of its rate-hiking program designed to tackle inflation — but that more hikes were still on the table.
The Federal Open Market Committee said it was increasing its key federal funds rate by 0.5%, after announcing four-straight 0.75% hikes at its most recent meetings. In its Wednesday statement, the Fed said it continues to target an inflation rate of 2% over the long term and would continue to increase the federal funds rate to do so.
“Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures,” the committee said.
But bringing down inflation is likely to come at the cost of higher unemployment in the short term: The Fed said it now projects the 2023 unemployment rate to average 4.6%, equating to hundreds of thousands of more jobless workers compared with the current rate of 3.7%.
The Labor Department on Tuesday reported that annual inflation clocked in at 7.1% in November — the lowest reading in more than a year. While it is still high compared to the 2% level at which the Federal Reserve typically seeks to hold down inflation, the most recent number signals that the galloping price growth earlier this year is fading. (read more)
Prices will never drop because the supply side pressure from a new energy policy remains as the driving factor.
Demand has dropped throughout 2022 as the U.S. economy, gauged in units of product sold, has contracted. Consumers are not buying non-essential goods or services as the costs of housing, fuel, heating, electricity, overall energy and food prices continue rising.
Despite the economic contraction that is lowering energy use, rapidly increasing energy costs continue to be the driving force of inflation.
This period of depressed economic activity will continue as unemployment begins to become problematic. As a nation we will remain in this economic malaise as long as Green New Deal, Build Back Better, energy policy is maintained.
On the positive side the economic shrinking is reversable with new energy policy; however, the opportunity to make that change is several years away. In the interim, the cost of living will remain the biggest challenge for the foreseeable future, and the inbound open-border migration will keep wages depressed.
Under the economic program of Joe Biden wages must be depressed in order to avoid production inflation (higher labor costs) from piling atop the energy policy inflation. Thus, the border influx will continue.
The gap between the haves and have nots is also going to explode in the next five years.
Gary Gensler, the Chairman of the SEC and, of course, a former Goldman Sachs executive, has been exposed to keeping two separate calendars of meetings. This may sound shocking, but it is pretty standard in our nation’s capital. Remember Hillary also used a private server. A Freedom of Information Act request will typically seek the calendar of meetings and address documents in the official capacity of their target. So if they keep a side venture personally, they get to hide that from 99.9% of FOIA requests.
Gensler learned these tricks since he was an Obama administration official, but also was Hillary Clinton’s 2016 campaign CFO. And let’s not forget he was an FTX associate. Then again, the head of the CFTC had nothing but praise for FTX removing all middlemen and effectively all regulatory supervisory in the process. Yes, you read correctly. CFTC Chair Rostin Behnam said at the Financial Markets Quality Conference at Georgetown University.
“This is a unique intersection of the crypto space and traditional finance.” “I think this is potentially – and I emphasize the ‘potential’ – another phase in the evolution of market structure, innovation and disruption.”
The world seems shocked that Gensler essentially had two calendars where he hid meetings with George Soros, Hillary Clinton, and Nancy Pelosi. The private calendar revealed these discrepancies when it was obtained by the energy watchdog group Energy Policy Advocates after filing a Freedom of Information Act lawsuit against the SEC. The destruction of evidence by the CFTC and SEC is not a rare event. In my case, I had the standard phone recording in the financial industry and the tapes I had given for safekeeping to two law firms. They were enough to put all the top bankers in prison in a real land of law. I supposed there were looking for them to protect the bankers. There were tapes inviting me to join market manipulations. They went after my lawyers and threatened them with contempt imprisonment if they did not turn over the tapes. The one NY firm, Tenzer Greenblatt, perhaps informed the government they were holding tapes for me.
I stood up and objected to the turnover of the tapes for they had nothing to do with my case. When I told Alan Cohen that the bank stole the money, he simply said he believed the bank. NOT one mainstream press bothered to ask how could $1 billion vanish from a bank and they had no idea where the money was. It is impossible. There would have to have been a wire, a check, or some evidence of a withdraw. Not one journalist asked that simple question. In the end, when I asked for copies, suddenly the SEC claimed they were all destroyed in the World Trade Center and the bankers were protected, the receiver Alan Cohen miraculously became a board member of Goldman Sachs, and the court then allowed him to remain as the receiver running my company from the boardroom of Goldman Sachs.
Why anyone thinks that any agency in Washington actually cares about what is right or wrong is seriously out of their mind. Once government grabs power, it becomes absolute. We are merely the grains of dirt beneath their feet. The banks have blown up the economy numerous times. They will pay $100 million fine to the SEC, which is really just their piece of the action. Nobody ever goes to prison. They bailed out AIG, and the insurance company, but let Lehman Brothers collapse. Why? AIG would have taken down Goldman Sachs. Lehman was a competitor of Goldman. The entire system is so corrupt and the press will never report the truth. They might lose advertising revenue from the big banks in NYC.Audio Player
When I got out, I found one copy of a tape I had stashed in my mother’s basement. They withheld this from the courts and the press because it showed it was the bankers moving money around which I came to believe was actually money laundering. The Forensic Accountant never saw so many errors. Bad trades were stuffed into my account and then removed. If the money did not go back to the same place, they were using my accounts to launder money as was suggested to me they had been doing in Madoff’s accounts for the Russian mafia and their own nefarious attempt to take over Russia itself. And now they want us to die on the battlefield all for their lies about just about everything.
Armstrong Economics Blog/Interest Rates Re-Posted Dec 14, 2022 by Martin Armstrongpread the love
The Central Bank Dilemma has become a major crisis in and of itself. I have been warning these past years that the ONLY tool a central bank has is manipulating the interest rates. Quantitative Easing was primarily to influence long-term rates indirectly since the Fed can only set short-term rates. During the past nine months, Fed Chairman Jerome Powell has raised interest rates at the fastest pace of any Federal Reserve chair since the 1980s. While some complain that this has triggered a stock market rout, and caused the housing market to come to a standstill, others argue that he has increased the fears of an imminent recession.
That was the domestic part. The Fed’s raising of interest rates has impacted the emerging markets including contributing to the chaos in the financial markets in China since many banks and provinces borrowed in dollars to save interest rates – or so they thought. It has forced the European Central Bank to raise interest rates and the net result was to unleash a crisis in long-term debt where life companies and pension funds cannot continue to buy the long-term with rates rising and bonds declining the day after you just bought a traunch.
Janet Yellen, who wants to hunt down everyone who sold a used bike on eBay for $600, understands the crisis we have erupting in debt because of rising interest rates and investors are afraid of the long end. Her proposal to buy in the long-term and swap it for the short-term recognizes the fact that we have a major debt crisis unfolding and she has come up with another scheme to keep kicking the can down the road.
Consequently, with inflation hitting 40-year highs, the warning signs are there that the central banks cannot do anything to address the economic crisis. Hence, initially, Fed officials were unanimous that rates needed to rise aggressively. Now, however, there are cracks in that view. These cracks will become fissures over how this type of inflation is NOT speculative but shortages set in motion by COVID and then accelerated by this drive for war with Russia and the insane sanctions they imposed on even private citizens.
While some expect inflation to cool steadily next year and want to stop raising rates soon, the problem is that inflation driven by shortages will not subside with a reduction in demand. Even real estate replacement costs have risen despite the fact that the market has started to pause. The cost to build a home in many areas is already higher than existing homes, which tends to create a floor before prices. Others worry inflation won’t ease enough next year in the face of a war that is escalating, and they defer to the old standard of raising interest rates to temper inflation.
That leaves Chairman Powell struggling in the eternal seas of politics lost in the middle as the arguments get louder on both sides. Powell will be challenged trying to chart a course through war, stagflations, and complete fiscal mismanagement by our politicians. The next stage of interest-rate policy presents very difficult questions concerning how high to raise rates from here, and how long to hold them at that level in this Pyhric War against Inflation.
Poland is creating the most powerful Army in Europe at the prodding of the Biden Administration. It will now surpass even Germany as well as Turkey. They are building a major force with the potential to invade Russia on a conventional level. They call this the “Plan for the Defence of the Fatherland.” They have been instructed by the Biden Administration to increase their army from 110,000 soldiers to 250,000 professional soldiers.
Jaroslaw Kaczynski, right, leader of Poland’s ruling PiS party, and Defence Minister Mariusz Blaszczak made the announcement. Kaczynski justified this “radical strengthening of the armed forces” with a worsened security situation as a result of Russia’s “imperial ambitions” and the “hybrid attacks” by Belarus. War is made by leaders, not the common people of any country. Putin has NEVER displayed any “imperial ambitions” and those days are long gone. Nobody wants to occupy Europe any more than they want to occupy the United States.
This is all needed because the monetary system is collapsing and we have reached the end of the road of fiscal mismanagement of borrowing every year, running deficits under socialism to bribe voters. Politicians no longer even know how to run for office without such promises. But they are reaching the capacity to sell their debt. As interest rates rise, nobody wants long-term debt. The only way to escape this debt crisis is to create war. That will be the excuse to default on all the debt and start all over again, hopefully with a reduced population. So the Polish are to be the next culture to be sacrificed at the altar of sovereign debt.
COMMENT: Mr. Armstrong, I just want to congratulate you on creating Socrates. I am a real estate aficionado and Socrates has beaten the Case-Shiller Index which peaked in June of 2022 and even the Redfin Index which peaked in May 2022. Socrates peaked at a high in December 2021 ahead of everyone. Your model has shown a 34% drop into October where everyone is saying a 20% drop by the end of next year is likely. I just wanted to write because you and Socrates have beaten everyone in the real estate forecasting business and you do not even make that a big deal. Socrates is amazing.
I just wanted to share that because you do not even bother pounding your chest about real estate.
Thank you so much
LR
REPLY: Socrates is forecasting so many aspects of the world economy I do not have the time to pound my chest and if I did, I would probably end up in the hospital for it gets so many things right. It covers a fair sampling of real estate around the world and I do know we have many major real estate companies tuning in. Thank you for your comment. I have not had the time to look at either of those two indices as of yet.
Posted originally on the CTH on December 13, 2022 | Sundance
The profound thoughts of great consequence can only flow from the consequential minds of the most profound.
Once again Kamala Harris delivers an oration that leaves the audience speechless in conclusion. “The ability To See What Can Be, Unburdened By What Has Been” 40 seconds, WATCH:
Posted originally on the CTH on December 13, 2022 | Sundance
Tucker Carlson hits the bullseye in a late show segment discussing the framework of the Twitter social media company. Stunningly, Carlson is the first person to ask the question that we have outlined for years, it is the essence of how Jack’s Magic Coffee Shop evolved. {Direct Rumble Link}
“It’s all pretty weird. Could it be that while the rest of us imagined that Twitter was a social media site … could it be that Twitter was actually, maybe primarily, a propaganda tool and intelligence gathering apparatus for a variety of intel agencies?” ~ Tucker Carlson
Yes. Exactly this. Yes. It’s not that DHS had a portal into Twitter, it’s that DHS took over the operation of Twitter and controlled every element of it. That’s also why profits and losses were never part of the viability equation. DHS controls Twitter operations, that’s the essential baseline for Jack’s Magic Coffee Shop. Well done Tucker Carlson. WATCH:
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Once you change your reference point and review the data from a different perspective, things make sense. DHS doesn’t operate on the backbone of Twitter, Twitter operates on the backbone of DHS. The information and content on Twitter exist, or not, by the permission and authority of the national security state, DHS.
Narratives can be enhanced or throttled. Public perceptions can be uplifted or deemphasized. Candidates can be boosted or dismissed. Control over the public conversation is not simply in the hands of Twitter executives, the platform content is shaped by the guiding hand of the controlling interest – the government.
So why did they permit it to be sold? Again, control.
Every non-Twitter, non-DHS controlled, information and discussion site is a watering down of the influence of Twitter. The inability to influence a platform like Truth Social would be particularly troublesome. So, launder the handling of the DHS platform to Elon Musk and create the illusion of a refresh.
Twitter 2.0 now rebrands with a renewed ability to influence. Not accidentally, a pro DeSantis shaping is part of the objective. In the eyes of the control state Rumble and Truth Social represent the threat that is Donald Trump, while Twitter and YouTube representing the controlled alternative, Ron DeSantis.
There are trillions at stake.
The ‘magic’ inside Jack’s Magic Coffee Shop is the intelligence community ability to shape, mold and create the illusion of choice.
♦ Elevator Speech: Twitter is to the U.S. government as TikTok is to China. The overarching dynamic is the need to control public perceptions and opinions. DHS has been in ever increasing control of Twitter since the public-private partnership was formed in 2011/2012. Jack Dorsey lost control and became owner emeritus; arguably, Elon Musk has no idea, well, at least no more of an idea than he does about the financial underwriting of the purchase itself.
The larger objective of U.S. involvement in social media has always been monitoring and surveillance of the public conversation, influencing public opinion, and then ultimately controlling the outcomes.
Tens of millions of Brazilians are on the streets in protest of their fraudulent election. Do you see any of those voices on Twitter?
The Twitter social media company residing on the backbone of DHS would help explain why.
[…] In/around 2011 and 2012 the U.S. Government, Obama administration and the U.S. State Dept., came into Jack’s Coffee Shop and asked him for help.
The govt officials needed to deliver massive amounts of coffee [INFORMATION] to their allies in Egypt, Libya and the middle east to support the Arab Spring party. Jack told the officials he was willing to help but didn’t have the capacity to deliver on that scale. The officials told Jack not to worry, they would handle that aspect – he just needed to agree to the partnership and let them utilize his business. Jack agreed.
[…]Over the next several weeks, months and eventually years, Jack watched as hundreds of new employees flooded into the business to facilitate the rapid expansion. Along with a myriad of new faces, new equipment was delivered and soon Jack found himself looking at heavy industrial equipment erecting large buildings in the back lots of the property. Coffee urns were replaced with massive industrial coffee delivery systems that far exceeded anything Jack ever imagined.
Business was booming, but slowly Jack realized he had lost control. Jack was riding a dragon.
[…] As the years progressed, thousands of new employees moved into the offices of the new buildings and massive pipelines were producing incredible scales of coffee. Jack noted offices of the United Nations Human Rights Commission were now creating unique blends of coffee for international distribution, and the European Commission had an entire suite of specially trained coffee production engineers creating alternate combinations and flavors.
By 2018 Jack had essentially become an “owner emeritus,” his name was on the shingle, but the day-to-day operation of Jack’s Magic Coffee Shop had turned into an industrial park complex.
Jack saw his personal wealth attached to the success of the business, but operationally his only responsibility was traveling to symposiums and venues where he would stand on stage and wax philosophically about the future of a coffee delivery organization he no longer controlled. Day-to-day operations were now controlled by experts in the scale of massive industrial coffee. Those experts came from the Dept of Homeland Security. (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
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