Secret Twitter Files on Censorship of Hunter Biden Story


Glenn Greenwald Published originally on Rumble on December 2, 2022

Glenn Greenwald goes live to discuss the newly released internal twitter files on the censorship of the Hunter Biden Story

HHS & Children Sex Trafficing?


Armstrong Economics Blog/Gov’t Incompetence Re-Posted Dec 3, 2022 by Martin Armstrong

Labor Report Shows 263,000 Jobs Added in November, Combined with Significant Wage Growth 0.6% For Month


Posted originally on the CTH on December 2, 2022 | Sundance 

There’s a disconnect in the Main Street data that is perplexing from the standpoint of traditional economic and labor analysis.

There have been significant layoffs in the labor market as the result of diminished consumer spending activity. However, the Bureau of Labor and Statistics (BLS) is reporting a hotter than expected 263,000 new jobs in November [DATA HERE].

There were declines in jobs within the retail sector [-30,000 in Nov, -62,000 since August] and declines in warehousing and transportation [-15, 000 in November, -30,000 since July], which would indicate the outcome of lowered consumer spending on goods, or at least a change in consumer spending priorities.

Simultaneously, there were significant increases in jobs for leisure and hospitality [+88,000 in Nov], with the majority of those gains in food service and drinking.  However, that sector is still lower than the pre-pandemic by -980,000 jobs.  Also note people are not attending events with high ticket costs, the performing arts and spectator sports segment dropped 7,000 jobs [Table B-1]

Overall, if you were to look at the macro level jobs report, anything attached to the traditional spending of durable goods (retail stores) is declining.  However, the jobs related to the service or life experience are growing.  Oddly, and perhaps creepily, this dynamic falls in line with the ‘you will own nothing and be happy‘ cliche’ that has been oft spoken about the new post pandemic ‘Build Back Better‘ economy as espoused by the World Economic Forum.

Job gains in the infrastructure of life such as, building and construction, as well as the labor sector associated with skilled domestic service trades like plumbing, electricians, maintenance, etc are continuing to hold stable.  The major shift in the labor market surrounds the buying of durable goods which has disappeared along with the disappearance of discretionary income.   Which brings us to the wage portion of the BLS report.

Wage growth was a very high 0.6% for November and brings the annual rate of wage growth to 5.1%.   This outcome is almost certainly an outcome of workers demanding higher pay to cope with inflation, and employers needing to raise their wage rates in order to retain employees.

We also see an increase in the number of workers holding multiple jobs, as individuals are taking second jobs to cope with massive price increases in housing, food, fuel and energy. As noted within the BLS data:

In November, the average workweek for all employees on private nonfarm payrolls declined by 0.1 hour to 34.4 hours. In manufacturing, the average workweek for all employees decreased by 0.2 hour to 40.2 hours, and overtime declined by 0.1 hour to 3.1 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls decreased by 0.1 hour to 33.9 hours.”

Fewer people are working, but more jobs are being worked – with lowered hours.

Higher wages are good; however, higher wages lead to higher prices for goods and services; which drives inflation higher, which creates the need for higher wages.   It’s an upward pressure spiral.

The supply side pressure on inflation, almost exclusively created by the BBB energy policy, shows absolutely no sign of lessening, despite the drop in demand for domestically produced finished consumer goods which has lowered overall industrial demand for energy.

The Build Back Better energy driven policy changes are creating very weird economic outcomes.

Prices are rising.  Consumers are squeezed.  Jobs attached to spending on goods are declining. Jobs attached to life experience and services expanding.

Ex.1 If you are working two jobs, now you might not have time to mow your grass – so you hire a lawn service.  The lawn service guys are charging more because the gasoline and business costs are higher…. which means you need to work a little longer at the second job to pay for the lawn service you don’t have time to do on your own because you need to work the second job.   That’s the dynamic we are seeing in the quantification of labor and job growth.

Ex.2 If you are working two jobs, you might not be cooking as much at home.  So, you grab dinner/lunch away from home.  The restaurants are charging more because the business costs are higher…. which means you need to work a little longer, ask for higher wages, in order to offset the time you don’t have to eat lunch/dinner at home.

This conflicting duality is what I always called the “serfesque driven economy.”  It is an outcome of erosion of the middle-class.  A status of individuality where your desires for life experience determine the need for your income.

You don’t own a car, you Uber.  You don’t own a house, you rent.  You don’t need a kitchen, you eat out.  Things seem ok, but you eventually become a serf to the people who control transportation costs, housing costs, food costs, etc.  Ultimately you have no control over the time you want to spend in enjoyment, because you don’t own the mechanisms of your life and need to work in order to afford maintaining the costs.  It’s a weird mental exercise.

There is a real outcome in this dynamic where the wealth gap increases.

The War Against Nitrogen Fertilizer is More Than You Realize


Armstrong Economics Blog/Civil Unrest Re-Posted Dec 1, 2022 by Martin Armstrong

COMMENT: As an ex-soldier, whilst reading your posts regarding the Right to bear arms, Nitrogen fertilizer, and Diesel fuel I suddenly got a brain warp to the past. In Rhodesia with sanctions on us, we developed a bomb using Nitrogen fertilizer, blue soap, and diesaline. It was similar to napalm. When the change came to Zimbabwe all our weapons were taken away from us and locked up. We also had to reapply for licenses for any private weapons. This shows that when you have an informed and prepared public the government is at a disadvantage. The current attack on fertilizer, auto fuels, and guns shows just how scared the WEF and their one world order are desperate to control these three commodities. WHY?
CB

REPLY: I think you bring up a very good point that is often overlooked. Nitrogen fertilizer can be used to make bombs. They are doing their best to try to outlaw all guns. It seems they want more crazy people shooting up schools and then they demand the end to guns every time. There is no question that those in power KNOW the monetary system is collapsing. They have put forth Guaranteed Basic Income (GBI), NOT because they care about the people, they ONLY care about retaining power over the people. The EU has wiped out most pension funds with negative interest rates since 2014 and decrees that they must have government bonds between 70% and 90%. Scandinavia is outside of the EU.

The GBI is to prevent millions of people from storming the Parliament with pitchforks when they wake up and their pensions are gone. Eliminating guns and even Nitrogen fertilizers are part of the effort to disarm the people. What is taking place in the Netherlands and this insane demand to end Nitrogen fertilizers under the pretense of Climate Change is more suited for a B-Rated SciFi movie with green lizard aliens coming to eat all humanity. They are using Climate Change for Political Change.

If You Wonder What’s Wrong With Georgia – The Republican Lt Governor Appears on CNN to Tell Georgia Republicans Not to Vote for Hershel Walker


Posted originally on the CTH on December 1, 2022 | Sundance

People around the country are looking at the Georgia Senate runoff between Democrat Raphael Warnock and Republican Hershel Walker.  Lots of people wondering what is going on.  Well, last night the Republican Party of Georgia gave an excellent example of what it means to be Republican in Georgia.

Republican Lieutenant Governor Geoff Duncan appeared on CNN to share his opinion of Republican candidate Hershel Walker.  As Republican Duncan outlined during the interview, he stood in line for an hour, took a ballot at the polling location, and then decided he could just not vote for a Republican in Georgia, so he turned around and walked back out without voting.

Republican Geoff Duncan had no issue pushing this on CNN much to the smiles of the CNN producers, Democrats and the Warnock campaign.  This is what it means to be a Republican in Georgia.  WATCH (01:08 prompted 30 seconds)

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The 2022 goal of the Republican Party of Georgia is in alignment with the 2022 Republican National Committee.   The goal of Mr. Duncan and others is to remove the populist movement within the RNC by destroying the Make America Great Again grassroots movement.

Was Duncan censured? No.  Was Duncan criticized by fellow Republicans? Again, no.   Was Duncan ostracized for promoting an election position against the interests of the Republican Party? Yet again, no.  Did RNC Chairwoman Ronna McDaniel rebuke the effort to undermine Walker as carried out by Republican Geoff Duncan?  Rhetorical at this point, I know.

In the bigger or big pictures, Republican Lt Governor Geoff Duncan is doing what professional Republicans do.  He also knows there’s nothing to fear from it because he is operating on behalf of the majority Club interests who support his agenda.  However, somehow this will be President Trump’s fault.

Another Appeals Court Rejects Biden Administration Student Loan Cancellation Program – Supreme Court Agrees to Hear Case in February


Posted originally on the CTH on December 1, 2022 | Sundance

Federal education loan payments have been suspended ever since early 2020 when COVID was used as a justification to delay payments.  The current extension on the delay, a pre midterm bribe for young adults, runs through June 2023 and then people with the loans have to start paying again.

In the interim, Joe Biden had a plan to relieve up to $10,000 in federal student loans for low-to-middle-income borrowers and up to $20,000 for qualifying Pell Grant recipients.  However, that arbitrary Biden decree encountered multiple legal setbacks including rejection by a federal court in St. Louis and another in Texas.

Earlier today, the New Orleans-based 5th U.S. Circuit Court of Appeals again rejected the Biden administration’s request to pause the Texas order vacating the $400 billion student debt relief program in a lawsuit pursued by a conservative advocacy group. {LINK}  The Texas ruling from U.S. District Judge Mark Pittman was one of two decisions that prevented the Department of Education from moving forward.

The St Louis case, also lost on appeal and based on a similar finding that Biden cannot subvert congress for this spending, has now travelled to the Supreme Court who have agreed to hear oral arguments in February but will not intervene to stop the lower court rulings.

Washington — The Supreme Court said Thursday it will take up a court fight between the Biden administration and a coalition of six Republican-led states challenging the legality of the president’s student loan forgiveness program.

Solicitor General Elizabeth Prelogar asked the Supreme Court last month to lift an injunction from a federal appeals court that blocked implementation of the plan, but told the court that if it denied relief, it should agree to consider the merits of the case instead.

The court said in a brief order that it will hear arguments in February but will keep the program on hold for now. Last week, President Biden extended his pause on federal student loan payments until June 30, 2023, to give the court time to consider the dispute.

“We welcome the Supreme Court’s decision to hear the case on our student debt relief plan for middle- and working-class borrowers this February,” White House press secretary Karine Jean-Pierre said. “This program is necessary to help over 40 million eligible Americans struggling under the burden of student loan debt recover from the pandemic and move forward with their lives. The program is also legal, supported by careful analysis from administration lawyers.” (more)

In response to the decision from the Texas court, the Biden administration announced it had stopped accepting applications for the debt relief program.