No one expected the recent 25-basis point rise in rates to curb inflation in a meaningful way. There are numerous variables contributing to this situation that are simply out of the Fed’s control at this point. The personal consumption expenditure price index (PCE) rose 5.4% in March on an annual basis. That is the most significant leap since April of 1983. Headline PCE spiked 6.4%, the fastest pace since January 1982, as gas and food costs are on the rise.
Consumer spending, accounting for over two-thirds of US GDP, rose by a marginal 0.2%. The plan to destroy America to Build Back Better has caused significant damage to our economy. Visiting the White House website shows that our alleged leaders are still focusing on the agenda of Klaus Schwab rather than the people. In the listed priorities, COVID remains top on the list, followed by climate change. Only the policies surrounding both are harming America rather than the issues themselves. The third priority is racial equity, and down at number four is the economy.
“President Biden will take bold steps to address the inequities in our economy and provide relief to those who are struggling during the COVID-19 pandemic. The President will also work with Congress to pass the American Rescue Plan to change the course of the pandemic, build a bridge towards economic recovery, and invest in racial justice. And, he will build our economy back better from the pandemic and create millions of jobs by strengthening small businesses and investing in the jobs of the future.”
In other words, the Biden Administration is doing absolutely nothing to curb inflation and it is not a top priority. At the time of this writing, there is only one article on the homepage loosely involving inflation: “President Biden’s Plan to Respond to Putin’s Price Hike at the Pump.” They cannot even take responsibility for the damage they alone have caused.
The Federal Reserve admittedly acted too slowly and lost all leverage by artificially lowering rates. Unsettling, but the people in charge are not concerned with the declining living standards for Americans. The focus is on propelling the Great Reset.
Inflation is at a 40-year high with no indication of slowing. People are feeling the lower buying power of the USD as one in five Americans now run out of liquid funds before payday, according to a survey by Salary Finance as reported by CNBC. Over three-quarters stated that they have been feeling the effects of inflation this past year. Around 20% of the 3,000 respondents said that they run out of money between paychecks, marking a 15% uptick since 2021.
Around 25% are finding it difficult to afford essential items such as food, gas, and health care. The price of automobiles is at an all-time high due to the chip shortage, and gas prices seem to rise daily. One-third polled cannot afford to put any money toward savings, and those who can likely are contributing less.
Without savings, the possibility of homeownership is out of reach for many. Housing prices increased over 7.02% since 2020, according to the Labor Department, but that is factoring in prices across the board. In reality, any desirable area costs more.
Although wages have increased around 5%, the cost of living surpasses any additional funds. Let’s not forget that taxes have not decreased either and those in charge are continuously planning to spend money on agendas that do not promote the taxpayers’ quality of life. Gone are the days when lower to middle-income Americans could work hard and afford a comfortable life; people are simply trying to stay afloat.
(Fed Chair Powell admitting inflation was no longer “transitory” in November 2021)
Posted originally on the conservative tree house on March 31, 2022
The White House occupant took to the literal stage today to gaslight the American people and state it is not his energy policy that has created massive increases in gas prices. Instead, chief of staff Ron Klain has convinced the puppet to claim Vladimir Putin is to blame for the increase in oil costs.
The manipulative effort to distract the nation from his energy and economic policy outcomes is brazen. However, like most things recently, the blame-casting is likely to be believed by approximately 25% of Americans.
In an attempt to slow down the rising price of gasoline, the puppet on the stage-set near the white house, announced a plan to release 1 million barrels of oil from the strategic petroleum reserve every day for the next six months. {Details}
As admitted, the goal is to “bridge the gap.” Unfortunately, most will not recognize exactly what the destination is on the other side of the bridge.
Inflation is a measure of price at a moment in time relative to the same time one year ago. Ron Klain is trying to keep the tar and feathers away until the White House policy team can cycle through the inflation comparison to the fall of 2022. That’s when the comparison flips to comparing prices to the fall of 2021.
Prices skyrocketed in the last half of 2021. If Ron Klain can keep the electoral torches from reaching the White House until the fall of 2022, the rate of inflation will look better because they will be comparing this year’s high prices to last year’s high prices. The rate of change will lessen; the rate of inflation will look better. Unfortunately, the high prices will remain – forever.
WATCH (prompted):
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Biden on stage. Once you see the strings on the marionettes, you can never return to that moment in the performance when you did not see them.
The Constitution’s Article I, Section 8 specifically lists as a power of Congress – the power “to declare War,” which unquestionably gives the legislature the power to initiate hostilities. The extent to which this clause limits the President’s ability to use any force without Congress’s affirmative approval remains highly contested. Can the president order a biological attack without sending in troops? Can the president launch a missile without ground troops? Can a president seize all the reserves of a country as he did to Russia without troops? The definition of “WAR” needs to be defined today by the Supreme Court. It is time to address that clause!
Even in the aftermath of the September 11, 2001 attacks on the World Trade Center, Congress authorized the President to use force against those who launched the attacks and those who supported or assisted them. Bush did not invade Iraq without the permission of Congress despite the fact that was wrong. They conducted Congressional investigations into FDR who was accused of imposing sanctions on Japan without the authority of Congress to compel the Japanese to attack Pearl Harbor because Congress would not issue a Declaration of War to enter WWII. There should be a Congressional investigation right now into Biden’s abuse of Executive Orders.
The definition of the Declare War Clause is unsettled in part because there have been very few judicial decisions interpreting it. In the Prize Cases 67 US 635 (1863), the Supreme Court upheld as a defensive measure President Lincoln’s blockade of the southern states following their attack on Fort Sumter but was ambiguous as to whether the authority for the blockade came from Article II, from specific statutes Congress had passed in 1795 and 1807, or some combination of both. And in dicta, the Court noted that the President could not begin hostilities without Congress’s approval.
Before that, the Supreme Court ruled in Bas v. Tingy, 4 U.S. 37 (1800), which referred generally to Congress’s broad powers over war-making without giving specific guidance on the President’s power. Consequently, courts have generally stayed away from making decisions with regard to the Declare War Clause often dodging the question using “standing” or the “political question doctrine” which has been to the detriment of the nation as a whole. Biden can destroy the economy and cause the death of people’s children without having a declaration of war. That is unacceptable if he always whats to pretend this is a democracy where the PEOPLE make such decisions, not a dictator.
This is a very serious question that the Supreme Court should address and we desperately need someone like the American Civil Union to move to block the sanctions imposed on Russia by Biden as UNCONSTITUTIONAL under the Declare War Clause for this has been an outright declaration of war against Russia which ONLY Congress can authorize. For all the bullshit that Biden is spewing all over the airwaves that this is a battle between Democracy and Autocracy, he is being a hypocrite and is no better than what he claims of Putin. The Constitution delegated that power to the PEOPLE, not the President unilaterally using executive orders to circumvent Congress and the very foundation of Democracy he claims to be defending.
Biden is a threat to our National Security and what he has done is DESTROYED the world economy dividing it now in half ending globalization. That will now reduce world GDP from here on out all because of his abuse of power. This gives us all standing for even the White House is now trying to blame inflation on Putin. ONLY Congress has the authority to do what Biden has done putting the entire world at risk. The Neocons constantly pull off these proxy wars that also circumvent the people and Congress.
If Russia blocked the US from SWIFT and called for the overthrow of the President, that would be sufficient grounds to declare war by Congress. The Russian Foreign Minister Sergei Lavrov said last week that the U.S. and other western nations have declared “total war” against Russia for its invasion of Ukraine against the civil war that has been covertly supported and funded by the United States. We have to respect that Russia would be justified in launching a Total War against Europe and the United States just as the Japanese attacked Pearl Harbor in response to similar sanctions that included also seizing all Japanese assets in the United States all before Pearl Harbor.
The Neocons have not even tried to hide the fact that advocate a Proxy War with Russia. Lavrov made it clear that the United States has entered a “real hybrid war, total war was declared on us,” as the Associated Press reported. This is the truth and the question here is that this is UNCONSTITUTIONAL and the Supreme Court needs to address this usurpation of power.
“Hybrid Warfare” is a term that refers to the use of both conventional and unconventional means of attacking an opponent. This includes attacking an opponent with traditional weapons like missiles and artillery but also hacking an opponent’s communications, power grid, and possibly water supply.
“Total Warfare” is a term that refers to warfare that treats the entirety of an opponent state, including its civilian population, as legitimate targets of military action. Its goal is the total destruction of the political state.
Lavrov defined the goal of this “Total War” declared by the west as “to destroy, break, annihilate, strangle the Russian economy, and Russia on the whole.”
He is absolutely correct. Russia was once a communist state where its economic theory sought to impose on the entire world just as Klaus Schwab is doing right now through the World Economic Forum and the “Great Reset” which required the submission of the entire world just as Khruschev once said. Those days are gone but the Neocons need an enemy and despite the fact that Russia is no longer a communist threat, they do not care – Russia will always be their enemy.
The US has gone way too far and we have these endless wars that the American people are tired of. Nevertheless, we have people like Biden cleverly circumventing the Constitution usurping powers that were delegated to the people. The reason taxes much be approved by Congress is because the King NEVER had the power to tax without the CONSENT of the people. And that was asking the people to be taxed to defend the nation against an invader.
That is why the American Revolution was fought. The American colonies were NOT represented in Parliament and historically the people could NOT be taxed without their CONSENT. Biden has launched a war against Russia without the CONSENT of the people. He should be impeached for an UNCONSTITUTIONAL usurpation of power.
Robert McNamara (1916 – 2009) was a leading Neocon that pushed the country into the Vietnam war. He was famous for saying: “I learned early on never answer the question that is asked of you. Answer the question that you wish had been asked of you. And quite frankly, I follow that rule. It’s a very good rule.”
Before he died, he finally admitted that they were wrong particularly in their assessment of Russia as a threat. The perception that Russia is a threat is still dominating the agenda today. The propaganda that Putin is a KGB guy who wants to re-establish the Soviet Empire is absurd. In the 22 years that he has been in power, he has neither tried to re-establish communism nor has he sought to retake the old Soviet states like Poland, the Czech Republic, or even Ukraine. The same claims today about Russia are the very same ones that justified Vietnam.
Apparently, McNamara died with the guilt of sacrificing 58,000 Americans on the Neocon altar of war.
Posted originally on the conservative tree house on March 30, 2022 | Sundance
People criticize CTH saying ‘stop revealing the evidence of problems and start talking about the solutions‘. What critics do not realize is we are not trying to win a battle, we are trying to win a war. Every person who accepts the reality of the problem, becomes the solution. CTH will not stop revealing, digging, researching and revealing the truth as it can be found. Again, I am not Paul Revere. I am the guy who hangs the lantern. YOU are Paul Revere.
An Australian Senator from South Australia named Alex Antic {Facebook Link} delivered a speech in Parliament that deserves widespread attention. This is three minutes of unrelenting truth bombs. Each sentence represents a detonation in the heart of globalism. WATCH:
People want an elevator speech they can share and explain. Alex Antic just gave you one. [Facebook Link]
In an attempt to boost the ruble and avoid sanctions, Russia will stop accepting payments in dollars and euros from “unfriendly countries.” India is on board and willing to change to a SWIFT alternative to easily convert rupees to rubles. The G7 has declared that they will not pay for gas in rubles. “[A]ll G-7 ministers agreed completely that this (would be) a one-sided and clear breach of the existing contracts,” German energy minister Robert Habeck stated. “Payment in ruble is not acceptable, and we will urge the companies affected not to follow Putin’s demand,” Habeck said.
Kremlin spokesman Dmitry Peskov said “we clearly aren’t going to supply gas for free” and Russia would not “engage in charity for Europe.” Europe’s pipeline systems are largely connected so it would be difficult to cut off flows to individual nations within the continent. Gazprom, the largest supplier of gas from Russia, has been notified. The company provided “unfriendly countries” with around 70% of exports in 2021 totaling $69 billion.
Europe still imports 40% of gas and 25% of oil from Russia. Since the Kremlin is open to all possible outcomes, Europe is preparing for gas shortages. Germany, the largest importer of Russian gas, has asked some energy companies to be aware of possible shortages. The current contracts in place should be safe if Putin keeps his promise, but then a real problem will arise.
While the news is spinning this as Russia is losing for they are now negotiating, there is a lot more going on behind the curtain than people suspect – this will be a true TEST of international law. Indeed, Russia has promised to drastically scale down its military operations around Kyiv and the northern Ukrainian city of Chernihiv given Ukraine’s proposed neutral status with international guarantees. This will turn on the guarantee that Ukraine will not only remain out of NATO but will also no longer host bases of foreign troops. This will be under the original security guarantee in terms similar to “Article 5”, the collective defense clause of NATO. The proposal will be that this guarantee will be secured by NATO members Canada, Poland, and Turkey.
In addition, Ukraine will agree to a 15-year consultation period on the status of Russian-annexed Crimea upon a complete ceasefire. These proposals are being submitted to President Vladimir Putin. The Donbas is on the table for that must be settled to end the civil war which the US has been covertly funding against Russia thanks to the US Neocons.
While it appears based on our computer that some decision will come perhaps the week of April 18th, the real test will be something even far more important. Can the powers that be get our insane leader of the Free World, Joe Biden, to terminate all sanctions against Russians? If there is a peace settlement, then the White House should rescind all sanctions. That should include those put on by Obama back in 2014 because of Crimea. If that is NOT done, then there is no way to restore the world economy nor to aid the reduction of inflation. As long as sanctions remain in place, peace or no peace in Ukraine will mean nothing going forward.
Posted originally on the conservative tree house on March 29, 2022
Col Douglas Macgregor appears for an interview with Dave Smith on his “Part Of The Problem” podcast. Col Macgregor gives his status update on the Ukraine and Russian military along with some excellent background information on the U.S. cultural issues which are driving the U.S. position.
Additionally, Macgregor overlays the economic battle both domestically and geopolitically with the currency war and talks about economic repercussions for the U.S., NATO countries, Ukraine and Russia. As noted by Macgregor when the Biden administration turned favorably toward Iran the Saudis immediately realized it was in their best interest to withdraw strategic support for the U.S.
It’s a good interview that goes into much more depth than the average media appearance, and permits discussion of multiple facets of the conflict in/around Ukraine. The video is prompted to begin at 17:34 when the Ukraine discussion begins. WATCH:
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