Category WEF Wokeness

Sep 8 2022

EU Commission Announces 5 Point Plan for Energy Crisis, Including Increased Imports of U.S. Natural Gas Driving Up Prices for U.S. Consumers


Posted originally on the conservative tree house on September 7, 2022 | Sundance 

According to the U.S. Energy Information Association (IEA), U.S. storage of Liquified Natural Gas (LNG) is 12% below the five-year average (LINK).  Additionally, the IEA is expecting the U.S. to export 11.7 billion cubic feet of LNG per day during the fourth quarter of 2022 — up 17% from the third quarter. The destination of that export is Europe.

Consider that 43% of U.S. households use LNG for home heating, and power suppliers use LNG to create electricity.  With the massive 2022 exports of LNG to Europe (+17% in fourth quarter alone), that means lower domestic supplies and increased prices here in the United States for electricity and home heating.  We are seeing and feeling these massive price increases right now. As a result, consider this reality….

Not only are U.S. taxpayers directly paying for the majority of costs in Ukraine, but we are also subsidizing the European Union by exporting LNG and driving up the price here at home.

We are directly paying Ukraine, and indirectly paying Europe to maintain gas sanctions against Russia.  This is the reality of the current situation as created by the Biden administration.

Now, consider this.  The President of the European Commission, Ursula von der Leyen held a press conference in Brussels today, announcing five initiatives to contain the expensive EU energy crisis: “The goal is clear. We must cut the revenues of Russia that Putin uses to finance this atrocious war against Ukraine. And now our work is paying off. At the start of the war, gas from Russian pipelines accounted for 40% of all imported gas. Today it has dropped to only 9% of our gas imports. These are tough times. But I am convinced that Europeans have the economic strength, the political will and the unity to maintain the upper hand,” she said.  The United States and Norway are the primary suppliers of gas to the EU to fill the void.

Commissar von der Leyden’s five initiatives include:

(1) Conservation of electricity through forced and mandated cuts in electricity use.  The amount of the cut has yet to be determined but reducing demand through forced curtailment of electricity use is the first approach.  [Insert California as an example here in the United States.]

(2) A cap on the profit generated by energy suppliers who use renewable energy like wind and solar.  The renewable industry has lower costs, yet they are profiting from the top line increase in delivered electricity.  The EU commissar is proposing to confiscate the profits of Green Energy suppliers, direct the funds to the member states and then use those funds to subsidize the energy costs of poorer EU citizens.

(3) A cap on the profits generated by traditional fossil fuel energy suppliers (oil, coal, nuclear, gas electricity generation), and the diversion of those profits following the same formula as above.

(4) Banking support and financial liquidity for smaller regional energy providers who are having short term financial issues as they must pay massive amounts of money for the raw material needed to generate electricity.  Essentially, the cost of coal, oil and LNG has skyrocketed, and there is a lag between the time they energy company must pay for the fuel source and the time the customer pays the electricity bill.   The inbound fuel costs (new) are so extreme the inbound payments for prior electricity (old) are not covering the cost of the new supplier purchase.

(5) A price cap on Russian natural gas.  To accompany the increased import of Norwegian and U.S. gas.  This sounds like a bizarro effort to manipulate the market which could backfire.  If Russian gas is cheaper than EU market gas, the smart energy providers will purchase the Russian gas.

Not a single word about increasing the supply of any traditional energy resource.  These ideologues are so committed to the cult of climate change and renewable energy, they are intent on destroying the economy in order to lower demand to the level of their windmills and solar farms.  This is madness, absolute madness.

Here’s the presser:

https://youtube.com/watch?v=rV6X79U9J3o%3Ffeature%3Doembed

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Aug 19 2022

Oliver’s Twist, Policymakers Legislating Against the People – It’s Not About Going Green, It’s About Going Without


Posted originally on the conservative tree house on August 18, 2022 | Sundance

Last Saturday’s weekly monologue by Neil Oliver was a tremendous hit, helping to awaken millions of people from multiple nations about the true intent of this new governing system as promoted by policymakers on behalf of corporate interests [SEE HERE].

Earlier today (UK time) GBNews host Mark Steyn had Mr Oliver appear in studio to expand the conversation.  What results from Steyn and Oliver is a brilliant segment outlining the nature of this new governing system.  A system structured on the standard that disconnected policymakers are legislating to the needs of corporations.

When you remove the old “representative democracy” scales from your outlook and replace the lens with an understanding that representation now means representing the needs of multinational interests, almost all of the contradictions reconcile.

From that perspective, the Build Back Better or Green New Deal (climate change) agenda is not about replacing the system of energy production with a green system that duplicates the output. The intent of the new program is to produce less energy and then modify the uses of the now limited resource.  In one of the examples given, 30 million gasoline powered cars are not expected to be replaced by electric vehicles, a personal transportation system of far fewer vehicles is the goal.  WATCH (prompted):

https://youtube.com/watch?v=Y4Im_gIPT4Y%3Fstart%3D825%26feature%3Doembed

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Jul 25 2022

Germany to Bail Out Uniper


Armstrong Economics Blog/Energy Re-Posted Jul 25, 2022 by Martin Armstrong

Germany and Finnish parent company Fortum signed a $15.24 billion deal to save energy company Uniper. In return, Germany will take a 30% stake in the company. Uniper reported only receiving a fraction on contracted gas from Russia’s Gazprom since mid-June, and it seems shipments may continue to slow or cease entirely. Uniper has been purchasing gas elsewhere at a premium, dampening their profits.

“We are living through an unprecedented energy crisis that requires robust measures. After intensive but constructive negotiations, we found a solution that in an acceptable way met the interest of all parties involved,” said Fortum’s President and CEO Markus Rauramo.

Chancellor Olaf Scholz said saving Uniper is of “paramount importance” for the German economy. Sholz said the “government plans to introduce mechanism to pass through 90% of replacement costs for missing Russian gas to consumers as of October 1.” The costs will be passed on to the consumers, of course.

Jul 10 2022

The World in Chaos


Armstrong Economics Blog/Opinion Re-Posted Jul 10, 2022 by Martin Armstrong

QUESTION: Mr. Armstrong, it has become so apparent that sites like _____ always promote gold so they refuse ever to quote you for they are doing the very same thing of creating a cancel culture. It is their commentary or nothing else. I have stopped reading them. Then you said that your computer showed this was a year of worldwide political chaos. The events in Sri Lanka and the collapse of the British government seem to be only a tease for the midterm elections.

On top of all of this, Socrates targeted Ukraine as the hot spot and that was in 2013. I attended your 2017 Euro conference in Frankfurt. Here is a photo if you don’t have one. I admit I was skeptical of your forecast back then. You were correct when nobody else saw this collapse coming.  It seems as plain as the nose on our faces that there are some fools desperate to try to prevent people from listening to the forecasts of Socrates. That means only one thing. They are trying to manipulate the world in their own direction. If they refuse to ever quote you on gold and others are constantly trying to bash you for whatever they can twist, this means that Socrates has been right and they have been wrong.

Our politicians here in Europe are only preaching war. I concur that this appears to be a cover-up for the financial crisis they have created. Looking at Sri Lanka and how the people rose up in the face of hyperinflation because of their default on the debt, is a warning I think. Is this the same dark future for Europe since they destroyed the bond market here?  Can you shed any light on our future?

Respectfully, from Frankfurt

HM

ANSWER: The negative interest rates since 2014 has destroyed the European sovereign debt market. The REPO Crisis of 2019 was US banks refusing to lend to European. I can confirm that the top banks in NYC will no longer accept any EU sovereign debt as collateral. So Europe is there now as Sri Lanka but the ECB still has some confidence at this moment. But that does not look to be sustainable. We are probably looking at the final collapse by 2027.

A lot of people from Germany are buying land in Uruguay and Paraguay. It appears while people are flocking across the border here in the US with free money as long as they vote Democrat, but the US will probably reinstitute the draft and these newly created Democrats may find themselves dying on the battlefields of Europe. Then there is a silent exodus unfolding behind the headlines for the places that seem to be out of the way of this political chaos/war is South America and Africa.

Yes, our computer had targeted 2022 and a Panic Cycle in global politics. We are cursed with politicians who are only concerned with their own power and not the people or their countries. They are pushing for war as a distraction from the financial crisis they have created borrowing year after year with no intention of ever paying anything back. We have seen the impact of this policy in Sri Lanka, Pakistan, and Lebanon. It will get far worse for this economic system is collapsing.

This is a game of distraction. All they are doing is trying to create issue after issue to distract us from their economic decline. They have listened to Schwab and his WEF because he is preaching authoritarianism which will keep them in power, end democracy, and control society with an iron fist because this system is collapsing.

What they are counting on is that war with Russia will be contained conventionally and that they BELIEVE they can in fact wipe Russia from the fact of the earth as the head of the UK Army has been instructing British troops. A friend here in Florida had their son enlist and now he has been told to prepare for war in Europe. These people want war. They see this as their escape plan to prevent the financial collapse where we storm their palaces and start swimming in their pools.

They are trapped. This is their plan to retain power. Schwab has even told you that upfront – end of democracy. They are on a course to totalitarianism. They have destroyed the world economy already with their sanctions. Yet their fatal mistake will be that they will be defeated in war and it will NOT remain conventional.

They are playing Russian Roulette, but there is more than one bullet in the chamber.

May 24 2022

Australian eSafety Commissioner Tells Word Economic Forum Audience It is Time to Recalibrate Free Speech


Posted originally on the conservative tree house on May 23, 2022 | sundance 

Australian eSafety Commissioner Tells Word Economic Forum Audience It is Time to Recalibrate Free Speech

May 23, 2022 | sundance | 274 Comments

Australia has an eSafety Commissioner named Julie Inman-Grant.  While delivering remarks to the World Economic Forum summit in Davos, Switzerland, she outlined a new on-line era where free speech would need to be “recalibrated,” and the ability to be free from something called “on-line violence.”  WATCH:

https://youtube.com/watch?v=ydW6wDMQHX8%3Ffeature%3Doembed

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For the past several years we have noted a progressive, totalitarian, shift in speech, specifically a redefinition of the word “violence.”  Speech the leftists do not like, they call violence; and violence the leftists support, they call speech.   As a result, the overlay of a newly recalibrated on-line world for speech and violence would be modified accordingly.

Speech the Big Tech consortium would define as against their views would be considered on-line violence and thus controlled by the governmental guardians of the internet like the eSafety Commissioner.  As you can see in the video below, “violence” now includes their perception of something happening on a metaphysical level. An emotional impact.  They have a spiritual avatar that they feel the drive to defend from the viewpoints of the Others.

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https://youtube.com/watch?v=yU0W_ciHySk%3Ffeature%3Doembed

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Apr 8 2022

Australian MP Outlines Concerning School Lesson, Sexual Assignment for 10-Year-Old, “What the Hell Is Going On Here”


Posted originally on the conservative tree house on April 7, 2022 | Sundance

The issue of inappropriate education topics surrounding the sexualization of children has been in the headlines recently, as Florida and other states initiate laws to stop young students (K-3) from being exposed to sexual material promoted by leftist educators.  However, the issue is not isolated to the United States.

A state legislator in Victoria, Australia, recently outlined an education program where young 10-year-old girls are being told to ask their fathers about “erections and ejaculation” as homework. Bernie Finn, a member of the upper house of the Victorian state parliament in Australia, reads the concerns from a constituent parent in his district, then explodes,”What the hell is going on here?”  WATCH: 

https://youtube.com/watch?v=TdwXF2rN_iU%3Ffeature%3Doembed

“How the hell are we supposed to protect our kids when this sort of perversion is in our schools? This is what is being dished up to them on a daily basis in a primary school – not even a secondary school – a primary school. This is just unbelievable. It’s staggering.”