Smooth Operator, Senator Joe Manchin Answers Questions About His Energy Deal with Senator Chuck Schumer


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

Democrat Senator Joe Manchin wears the purple tie today as he answers questions from the DC legislative narrative engineers.  There are two videos below.  The first is a general presser with multiple members of the DC media (print journos) about the Green New Deal energy bill he negotiated with Senator Chuck Schumer. The second video is an interview between Manchin and Fox News host Harris Faulkner.

Unfortunately, in both the presser and the direct interview no one pins Manchin down on where “expanded energy production” of the bill is located.  Manchin claims there is legislative language in the deal that supports the fast domestic production of oil, coal and natural gas to meet the immediate issue of skyrocketing energy prices.  However, Manchin is a smooth operator, and he states confidence that rapid and expanded development of oil, coal and gas is part of the deal.  WATCH:

Here’s the segment with Harris Faulkner trying to pin him down on tax increases, energy production, inflation and the 2024 election.

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Joe Biden Announces White House Monkeypox Response Team to Deliver “Health Equity to all Monkeypox Stakeholders”


Posted originally on the conservative tree on August 2, 2022 | sundance

I was unaware that monkeypox was an issue for the White House. However, today the Biden administration is proud to present a team of government officials tasked for the purpose of handling the whole of government response to the U.S. outbreak of monkeypox.

Additionally, I’m not exactly sure what a “stakeholder in monkeypox” is, but this team is in charge of making sure they have “health equity.”

WHITE HOUSE – “Today, President Biden named FEMA’s Robert Fenton as the White House National Monkeypox Response Coordinator and Dr. Demetre Daskalakis as the White House National Monkeypox Response Deputy Coordinator. Fenton and Daskalakis will lead the Administration’s strategy and operations to combat the current monkeypox outbreak, including equitably increasing the availability of tests, vaccinations and treatments.

[…]  “Bob Fenton and Dr. Daskalakis are proven, effective leaders that will lead a whole of government effort to implement President Biden’s comprehensive monkeypox response strategy with the urgency that this outbreak warrants,” said Anthony Fauci, Chief Medical Advisor to the President. “From Bob’s work at FEMA leading COVID-19 mass vaccination efforts and getting vaccines to underserved communities to Demetre’s extensive experience and leadership on health equity and STD and HIV prevention, this team will allow the Biden Administration to further accelerate and strengthen its monkeypox response.”

Fenton and Daskalakis will coordinate and manage response efforts across the White House and all Federal departments and agencies. They will work with local, state, national, and international stakeholders on tracking and fighting the spread of monkeypox, with state and local partners to ensure they have adequate supplies to test, treat and vaccinate at-risk individuals, with clinicians and providers on available testing, treatment and vaccination options, and with stakeholder communities on building public understanding of the virus and how to address it most effectively.

[…] Over the coming weeks, under the leadership of Fenton and Daskalakis, the Administration will advance and accelerate the United States’ monkeypox response to mitigate the spread of the virus, protect individuals most at risk of contracting the virus, and care for those who have been afflicted with it.” (read more)

Optimistic Gubernatorial Candidate Kari Lake Discusses Election Day in Arizona


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

Republican gubernatorial candidate Kari Lake discusses primary election day today in Arizona.  {Direct Rumble Link} Most polls show Trump endorsed Kari Lake with a significant lead over the establishment candidate Karrin Taylor Robson; however, the GOPe apparatus (including Brett Baier) has been promoting push-polls that show a much closer race.

Ms. Lake appears on Steve Bannon’s war room podcast to discuss.  WATCH:

Job Openings in June Decreased 605,000, Retail Sector Dropped 343,000


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

The Bureau of Labor Statistics (BLS) produces a monthly report of available job openings.  The Job Openings and Labor Turnover Summary (JOLTS report) shows the number of available jobs at a captured moment in time.  This JOLTS report [DATA HERE] is a summary of the last day in June.

As you can see within modified Table-1, the number of available jobs dropped by 605,000 in this report.

Hires and separations were little changed, so too was the number of people who quit their jobs.  The big change in this JOLTS survey was the removal of available jobs.  Employers cancelling job openings.

BLS – “On the last business day of June, the number and rate of job openings decreased to 10.7 million (-605,000) and 6.6 percent, respectively. The largest decreases in job openings were in retail trade (-343,000), wholesale trade (-82,000), and in state and local government education (-62,000).”

If we monitor the JOLTS report as an indicator of employment strength reflecting the general pattern of consumers, we can see a pullback in both the goods and service sector.

Retail job openings dropping 343,000 as consumer spending tightens even more due to inflation, and now we see the service side with leisure and hospitality dropping 91,000 openings.

Nancy Pelosi Lands in Taiwan After Kirby Reaffirms “we do not support Taiwan independence”


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

There was a lot of back-and-forth hostility between the government of China and the administration of Joe Biden in advance of Nancy Pelosi’s trip to Taiwan.  Some Chinese state media even suggested a possibility that Pelosi’s plane could be shot down.  However, none of the threats materialized.

Yesterday it was obvious the White House was attempting to diffuse the aggressive grievances of Beijing when spokesperson John Kirby, technically the NSC Coordinator for Strategic Communications, made a specific statement:

The world has seen the United States government be very clear that nothing has changed — nothing has changed — about our One China policy, which is of course guided by the Taiwan Relations Act, the Three Joint U.S.-PRC Communiqués, and the Six Assurances.  We have said — and we have repeatedly said — that we oppose any unilateral changes to the status quo from either side.  We have said that we do not support Taiwan independence.  And we have said that we expect cross-Strait differences to be resolved by peaceful means.”

Those six words, “we do not support Taiwan independence,” was a very deliberate and public assurance to China.  Essentially, the United States will not do anything to support the independence of Taiwan, do whatever you want.  Joe Biden took a knee to Chairman Xi.  As a result, Beijing dropped back their tone to traditional rhetoric saying in a statement Tuesday morning, the visit “seriously infringes upon China’s sovereignty and territorial integrity.”

Arriving late last night, Speaker Pelosi released the following statement“Our visit is one of several Congressional delegations to Taiwan – and it in no way contradicts longstanding United States policy, guided by the Taiwan Relations Act of 1979, U.S.-China Joint Communiques and the Six Assurances.  The United States continues to oppose unilateral efforts to change the status quo.”

The Biden administration then sought to overwhelm the media coverage of the Pelosi controversy by promoting the killing of al-Qaeda leader Ayman Al Zawahiri.

…And that’s the way that went.

White House Covid Vaccine Summit: A Good Day for Big Pharma


Arnie Mazer Writer at TrialSite News where it was originally posted on Jul. 26, 2022, 6:30 p.m.

Opinion Article

The White House hosted a “Summit on the Future of the Covid-19 Vaccine” on Tuesday featuring a combination of administration officials, scientists, and executives from the pharmaceutical industry. The summit was chaired by Dr. Ashish Jah, the White House Covid-19 Response Coordinator. Attendees included Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases (NIAID), as well as Dr. Francis Collins, the former head of the National Institutes of Health (NIH). Also in attendance were the representatives of pharmaceutical companies, including Moderna and Pfizer. There is no question the advent of vaccines blunted the complete force of the Covid-19 pandemic as Fauci pointed out in his address to the group. He said that “vaccines have saved over 2 million lives and prevented 17 million hospitalizations” even though the World Health Organization pointed out, initially, the vaccines were not distributed equitably among poor nations while the pharmaceutical companies were reaping profits. But the emphasis of the Summit was on how vaccines will be developed and distributed.  

Big Pharma at the Summit

In his opening remarks, Dr. Jah extolled vaccines, saying they are “truly a miracle of human ingenuity and 70% of Americans are now vaccinated.” But Jah also said vaccines “need to be better.” Fauci talked about science and manufacturing working together to make sure vaccines are distributed equally and the private sector and science are working together to advance vaccine technology. Additionally, it was pointed out the Biden Administration is committed to the development of new vaccines. Fauci then presented slides of the projects the NIH was funding and developing with vaccine manufacturers. 

Included in this was a “Mosaic Approach,” a new form of vaccine that takes on multiple parts of the virus and could help protect against future Covid variants. Participating in the summit were Paul Burton of Moderna and Angela Hwang of Pfizer. Fauci’s presentation of the future of vaccines included the idea that vaccines need to be updated because the Covid virus is continually mutating.  

He emphasized the partnership between academia and the private sector. As effective as Fauci’s speech was, it also seemed as if he was giving free advertising to the drug companies with the idea of maximizing the benefits of the partnership of science and technology.  The transformative power of the new generation of vaccines continued to be pointed out and regional manufacturing of vaccines was repeatedly pointed to as a way to get more shots in arms. This point came from both Ashish Jah and Angela Hwang. Regional manufacturing and licensing is a way for pharmaceutical companies to increase profit. Moderna’s Paul Burton said manufacturing is a key part of the future, and the company had recently made deals to build new plants in Australia, the United Kingdom, Canada, and Kenya. In the future, vaccines will be administered through nasal sprays and patches. Angela Hwang pointed out that “probably two and a half billion people have received the Pfizer vaccine. That’s an incredible wealth of real-world evidence that we’re sitting on… I think that we have a great opportunity to also help us to understand, how can we design new therapies.” Hwang added Pfizer is “happy to be on this journey.”

mRNA Vaccines Originated with the Department of Defense

The summit gave a history of the mRNA vaccine and said the potion originated through a part of the Department of Defense known as the Defense Advanced Research Projects Agency (DARPA). The development of the vaccine came as a result of research to help American troops if they’d been exposed to biological warfare on the battlefield. Through that program and others, DARPA had been doing the groundwork for the United States to produce a rapid cure for a pathogen like Covid-19 for years. The pharmaceutical companies capitalized on developed technology and took it further. 

Transparency Emphasized

Summit panels continually talked about the fact not enough of the population has been vaccinated, and Dr. Francis Collins claimed the pandemic exposed the vulnerability of the American health care system. Collins said there was a need to build public trust even though, initially, the vaccines were not “distributed with equity.” This included the fact that the World Health Organization’s (WHO) Covid-19 Vaccines Global Access (COVAX) has to do a better job of vaccine distribution through what was termed an “allocation framework”.  In closing, Dr. Ashish Jah emphasized, again, the importance of public and private partnerships. The summit was, overall, informative and a great day for the pharmaceutical companies. 

The impact of such governmental backing of just a few companies most certainly reinforces the market brand. The presenters didn’t do much reflection as to what they could have done better during the pandemic. Rather, industry and government collaboration on more advanced vaccines suggests the government will increasingly be involved in helping fund the few winners of the vaccine and drug development business.

US National Debt to Surpass 185% of GDP


Armstrong Economics Blog/Sovereign Debt Crisis Re-Posted Aug 2, 2022 by Martin Armstrong

The Congressional Budget Office warned that US federal debt is expected to rise 185% within the next 30 years. Total debt holdings could double the size of US GDP by 2051. No politician or spender of this debt cares as they have no intention of paying it off. The Congressional Budget Office is calling this an optimistic forecast, given the previous estimate of debt soaring to 202% of GDP by 2051. The fact of the matter is that no one can foresee how much money politicians will continue to spend. Servicing the debt will become more expensive over time, expected to reach 10% of GDP by 2051, 7.4% in 2042, and 5.1% in 2032.

Most do not realize that the national debt is already at monumental levels. US gross federal debt to GDP reached 100% by 2012. The ratio remained somewhat stagnant until capitalism became sick with COVID in 2020, and the GDP to debt ratio rose to 128.1%. The figure stood at 137.2% by December of 2021 and has continued to increase.

China no longer wants US debt and has begun to sell off its holdings. As other currencies decline relative to the dollar, US debt, and all government debt in general, no longer seems like a smart investment. We have reached a point where Congress can continue to pass bills and bribe voters with socialistic promises from their latest puppets because no one cares about the future of America. The US will be the last to fold but expect the inevitable as countries, city-states, and governments are all temporary in the eyes of father time.

Pelosi Provokes War with China


Armstrong Economics Blog/War Re-Posted Aug 2, 2022 by Martin Armstrong

Speaker Nancy Pelosi is expected to visit Taiwan during her tour of Asia, despite China’s harsh warnings that doing so could lead to war. Pelosi will be the first US House speaker to visit Taiwan in a quarter of a century, yet she has not fully explained her reason for visiting. The US military and every intelligence agency have urged Pelosi not to go, but Biden said she may do so if she pleases.

The Department of Defense will be forced to escort Pelosi to Taiwan, and China has blatantly said that this would be considered an aggressive act of war. “If US fighter jets escort Pelosi’s plane into Taiwan, it is invasion,” Hu Xijin of Global Times wrote on Twitter. “The [Chinese military] has the right to forcibly dispel Pelosi’s plane and the US fighter jets, including firing warning shots and making tactical movement of obstruction. If ineffective, then shoot them down.”

China has repeatedly warned the US not to interfere with its relationship with Taiwan over the years. It is the main hot-button topic that China has said is off-limits. Pelosi is putting the entire nation in danger by visiting, and her comments are further provoking China.

“It’s important for us to show support for Taiwan,” Pelosi said. “None of us have ever said we’re for independence when it comes to Taiwan. That’s up to Taiwan to decide.” Chinese Foreign Ministry spokesperson Wang Wenbin said that a visit would lead to “forceful measures” by the Chinese. Absolutely nothing positive could come out of this trip.

Biden Thinks Americans Received $8K Stimulus Checks


Armstong Economics Blog/Politics Re-Posted Aug 1, 2022 by Martin Armstrong

There are slips of the tongue, but President Biden cannot speak freely without a teleprompter. Every time he goes off script, he embarrasses his country. The president of the free world has no idea what is going on, and his mental health continues to decline publicly. The American Rescue Plan sent a trivial amount of money to Americans making under $75,000 annually at the expense of taxpayers. The government had no way to pay for this $1.9 trillion plan but implemented $1,400 checks on two separate occasions to pacify the people. Joe Biden thinks he provided Americans with $8,000.

Biden believes the public should ignore inflation and feel grateful for the imaginary money. “There’s reason to be down but I started thinking about it … the first year, we were able with the rescue plan, we were able to send them a check for eight grand,” the president said. “I mean a check. Beyond that by the way, there was more than that.” Biden then chimed in about his middle-class experience, which occurred decades ago when the US economy was unrecognizable compared to today. “That’s a lot of money, and so it helped save a lot of people in terms of getting thrown out of their home and rental housing and a whole range of things,” he said. He used the example of someone earning $120,000 receiving the imaginary $8,000 check, despite anyone in that income bracket being ineligible for a stimulus check.

The president cannot remember basic facts about his own policies. Biden belongs in a home for the elderly and senile, not the White House.

Capital Controls in Europe Have Arrived


Armstrong Economics Blog/Tyranny Re-Posted Aug 1, 2022 by Martin Armstrong

COMMENT: Dear Marty,

I was trying to wire money from my bank account in Italy to the one in the UK, just to realise that I can no longer transfer more than 6,000EUR per month.

The Soviet EUSSR is in full capital controls mode. I am missing the beauty of Italy every day, but I am so glad to live in Brexit UK.  Good luck to the old continent.

SB

REPLY: I warned that all my sources were confirming, three very high up, that Europe would quietly impose capital controls on June 30, 2020. That has now taken shape. Europeans and not allowed to send more than 6,000 euros per month to another account outside the EU. Capital has been pouring out of Europe, and they beat not just the war drums but also the Green drums that forewarn of a severe economic decline for Europe.

Even in the United States, we have capital controls in place for a different reason — taxation. You will find it limited to try to wire more than $3,000 to an individual outside the United States. As I reported before, a friend in Singapore found me a service apartment and put down the first month’s rent for me. I sent him a wire, but when I got there, he said he never got it. I called my bank to put a trace on it, and HSBC returned it, saying they would not credit it to that account because they could not verify it was not secretly for me. I had to write him a check. You can wire to a business without a problem, but not to an individual. The hunt for taxes lives.

People have argued with me that I am wrong and it is capitalism that is collapsing. Sorry – socialism has brought us to the very sad end. Politicians can only run bribing voters, saying they will rob the rich to hand it to them. They can no longer borrow endlessly with no intention of paying anything back. That said, they know they will have to default. The question has been HOW?

This is what Schwab’s entire WEF is about. His Great Reset is because socialism is collapsing. I did our Solution Conference in 2015 because I knew what he was advising to world governments. The problem was that his way is that they become dictators, and he is even ending your right to vote. While they call Putin authoritarian, the head of the EU also does not stand for election. They are appointed by EU member politicians. This is what they want — ZERO right of the people to vote. They intend to control what we buy, where we live, and what we are allowed to say. So you can see, in my Solution, we retained democracy, so they were not handed ultimate power. Capital controls are part of this plot to end our freedom.