The odds that Biden takes the stage in a debate against President Donald Trump are near zero
Even with the “all hands on deck” protection of Biden, some of the baggage will not remain buried.
A scandal now rearing its ugly head involves eight women who came forward to say that Biden either touched them inappropriately or violated their personal space in ways that made them uncomfortable.
Dempnetsets (Democrat Propaganda Networks)
Among these women is Tara Reade, who has accused Biden of sexually assaulting her 27-years ago. Reade said she was serving as an aide to then-Sen. Biden in the spring of 1993. She told police in her recent complaint that Biden used his fingers to penetrate her after giving him a gym bag.
In Kyiv, Ukraine, District Court Judge S. V. Vovk had former prosecutor Victor Shokin named as a victim of Biden. It is said that the then Vice President is alleged to have committed a crime by using pressure to get Shokin fired. At the time, Shokin was investigating corruption allegations against a corporation known as Burisma Holdings, where Biden’s son Hunter was a Board member.
Biden, knowing the dutiful Dempnets would provide full cover for him, has stated that no such pressure took place and that he wanted Shokin fired because he was corrupt. However, the court ruled that there was adequate evidence to investigate Shokin’s claim that Biden had pressured then-President Petro Poroshenko.
The threat was said to have come in the form of withholding $1 billion in U.S. loan guarantees if Shokin was not removed.
Although Biden has consistently denied the allegations made by Shokin that have now been confirmed by Judge S. V. Vovk, there is still a troubling video yet to be explained. On it, Biden is seen joking as to how he had Shokin fired in the spring of 2016 by threatening to withhold 1 billion from Ukraine. In the video, Biden stated he told Poroshenko, “I’m leaving here in six hours.” “If the prosecutor is not fired, you’re not getting the money.” There was laughter in the room as Biden ended by saying, “Son of a #, he got fired.”
Of course, Dempnets such as CNN, MSNBC, and the New York Times have and will provide Biden with excellent cover for any scandal that has or will come his way. Still, even they will not be able to hide the fact that the former Vice President is suffering from a severe mental health crisis.
The odds that Biden takes the stage in a debate against President Donald Trump are near zero. Democrats know full well the race is finished if Biden and Trump face-off. No disrespect intended for the former Vice President, but more and more it is becoming uncomfortably obvious that Biden is rapidly declining in his ability to articulate his thoughts.
The plan to impeach Bill Barr was clearly visible several months ago. A preemptive strike to diffuse the pending findings of the investigation by USAO John Durham.
The Attorney General has accepted an invitation to testify before the committee on July 28th. If there is going to be a summer show-down between the AG and political operatives -including Lawfare- within the Judiciary committee, that hearing is likely to be the spark.
In case you might have missed the latest faux-controversy assigned by political operatives to the media narrative engineers, the issue surrounds leaked sketchy intelligence reports, to the New York Times, claiming Russians were willing to pay Taliban members to kill U.S. soldiers in Afghanistan. The evidence provided by the Times includes:
From this tenuous evidence footnoted with “according to multiple officials familiar with the intelligence”, democrat operatives in media desperately clutch their pearls and stake out another batch of apoplexy claiming President Trump is not doing anything about it.
Setting aside for the moment that nothing claimed by media or the DNC political operatives in/around capitol hill has any substantive intelligence to prove the claim, let’s first look at the underlying premise: ‘Russians are paying the Taliban to kill American soldiers.’
First, obviously these same voices need to ignore that in 2010 Iran was paying insurgent fighters in multiple fields of combat including Iraq, Afghanistan and Syria, to kill Americans. Those well-documented examples must be overlooked because despite the overwhelming evidence the Obama administration paid Iran over $170 billion in cash and entered a nuclear deal with them. Once again, in order to retain their left-wing political position the media must pretend not to know things.
Iranian bounties on American soldiers during the 2010 Obama administration were rewarded. Contrast that against unsubstantiated rumors of Russian bounties on American soldiers in Afghanistan in 2020 being the most horrific and alarming situation in history.
It was reported in 2010 that five Iranian companies were winning construction contracts in Afghanistan funded with foreign aid. The money was sent back to Iran via the underground hawala money transfer networks and was used to pay Taliban fighters $200 per month. If they kill a U.S. soldier, they get a $1,000 bonus and a $6,000 bonus for the destruction of a military vehicle. Bounties began being offered as early as February 2005, when a U.S. government document reported that Iran was offering $1,470 for the killing of Afghan soldiers and $3,841 for the death of Afghan officials.
Taliban and similar terrorists are also trained in Iran and are paid for their time. Hundreds go to Zahedan in the winter. The first month is focused on learning how to attack convoys without getting captured. Improvised explosive devices (IED) are the trade taught in the second month. In the last month, attacks on military outposts are simulated. (LINK)
Again, ignoring that Iran also funds Hezbollah, which involves payments for the killing of U.S. and allied western soldiers, the politics of the narrative engineers are so hypocritical they are choking.
Additionally, when Russia invaded Afghanistan, guess who was paying the Mujahideen to kill Russians? Yup, that would be USA. Not only did we pay the Mujahideen (the early Taliban) to kill Russians, we also supplied all the arms and munitions they needed to do it. The U.S. were paying bounty for the killing of Russians. Hypocrisy much.
Decades later, when U.S. President George W Bush invaded Iraq, again we put bounties on the heads of Iraq commanding officers we wanted to kill or capture. Anyone remember the paying cards with the faces and names of the targets?
Oh, and lets not forget the billions that President Obama, Hillary Clinton and Leon Panetta spent on bounties in Libya and Syria where we gave money and weapons to al-Qaeda factions to kill Libyan and Syrian soldiers.
All bounties are not created equal I guess.
The entire argument underpinning the pretext of the claim is ridiculous. However, what’s even more ridiculous is how the media has to set aside all prior information and all pretense of journalism in order to sell a narrative that, even if true, is nothing more than a continuation of proxy war fighting where the U.S has been the largest financial player in history.
Does Russia pay elements, possibly Taliban in Afghanistan, to maintain a forceful position against the U.S.? Hell, I would certainly think the answer is yes. Why should Russia be more magnanimous to our Afghanistan boondoggle than we were to theirs?
Does Russia pay the Taliban directly to kill Americans? There is no direct evidence supporting that claim; and specifically the U.S. intelligence apparatus including the NSA, CIA, NSC and ODNI have said there’s no such direct evidence; but that’s not really the point is it.
Even if there was direct evidence that Russia was offering bounties against U.S. soldiers in Afghanistan, how is that different from Iran offering bounties against U.S. soldiers in Afghanistan during the Obama administration?
The entire premise of the outrage is ridiculous; and too make matters worse the number one facilitator of U.S. bounties paid to kill foreign fighters is Senator Lindsey Graham.
Mohamed Al Zawahiri was on the CTH radar since his release from prison in March 2011 during the Egyptian Islamist uprising. The interim “governing” Egyptian leaders released Mohamed Al Zawahiri after they permitted the Muslim Brotherhood to re-organize following 30 years of banishment. The Brotherhood then opened the jails to release all the Hosni Mubarak captured prisoners.
Mohamed al Zawahiri was the guy who coordinated and called for the protests at the U.S. embassy in Cairo September 11, 2012. He is also the guy who coordinated with the Benghazi rebels in 2011 to assist their uprising against Libyan leader Qaddafi.
President Obama, Hillary Clinton and Leon Panetta paid these guys.
Mohamed planned to coordinate efforts in Egypt, Syria, Jordan, Libya, Tunisia and Turkey toward al-Qaeda North Africa (AQIM). Meanwhile his brother, Ayman al Zawahiri, continued the same efforts in Pakistan, Afghanistan and Iraq, while aligned with AQAP (al-Qaeda Arabian Peninsular).
In 1999, security forces picked up Mohamed Al Zawahiri in the United Arab Emirates (UAE), where he had settled with his family and was working as an engineer for a construction company.
He claims UAE authorities tortured him for four months — at the behest of the CIA — in an attempt to extract information about his brother. During that time, Zawahiri says, he offered to mediate between his brother and the West, something he believes could have prevented the Sept.11 attacks, but his overtures were rebuffed by UAE officials.
In 1999, he was extradited to Egypt to face terrorism charges related to Sadat’s assassination and conspiracy to topple the regime — charges he denies, but he was jailed by Mubarak in Egypt. He was later acquitted upon appeal, but Mubarak refused to let him leave prison. He remained in jail until March of 2011 when he was released.
Zawahiri spent the following five years in solitary confinement in Egypt’s notorious underground prisons. There, in a 6-by-6-foot cell with no access to sunlight, he says, he was repeatedly waterboarded, electrocuted, and subjected to sleep deprivation.
His family had no idea where he was, or even if he was alive, until it emerged that the United States wanted his DNA to compare it to a skull found in a cave in Afghanistan — one that might belong to his brother Ayman.
Zawahiri thinks that militant Islamist movements pose a big enough threat that the United States will ultimately yield to his demands. “Hundreds or thousands of attempts may fail, but one can succeed and destroy the Western civilization,” he writes in his proposal, citing al Qaeda’s attempts to obtain weapons of mass destruction and the escalation of violence in Iraq. “The next hit or string of attacks cannot be anticipated. No single group or persons can force themselves to control the situation or prevent it.”
Learn about his approach and his intentions in this article.
Judging by what the “West” has put this guy and his family through, it would be pretty darned difficult to think of him burying the hatchet per se’, without his intention to bury it deep in the psyche of the United States.
Apparently, “we” have created this monster, “we” have hardened him, and subsequently he holds MAJOR street cred with all factions of radical Islam. This guy is a Martyr in life, he did not need death. He says “pull the trigger” – everyone shoots.
Given Mohamed’s enormous Islamist pulpit, he will leverage influence over multiple varying factions within all of the aforementioned radicals (al-Qaeda, al-Nusra, Taliban, Salafists, Brotherhood etc).
Guess what happened next?…. Yep, ISIS !
Earlier this evening President Trump noted the ease of mail-in voting fraud by highlighting the recent New Jersey election where election fraud charges have been brought against against four people including: Paterson City Councilman Michael Jackson (D), Councilman-elect Alex Mendez (D), Shelim Khalique, and Abu Razyen. [Background Here]
New Jersey – Attorney General Gurbir S. Grewal today announced voting fraud charges against Paterson City Councilman Michael Jackson, Councilman-Elect Alex Mendez, and two other men in connection with the May 12, 2020 special election in the City of Paterson. All four men are charged with criminal conduct involving mail-in ballots during the election, Grewal said.
The investigation by the Attorney General’s Office of Public Integrity & Accountability (OPIA) began when the U.S. Postal Inspection Service alerted the Attorney General’s Office that hundreds of mail-in ballots were found in a mailbox in Paterson. Numerous additional ballots were found in a mailbox in nearby Haledon.
Dueto the COVID-19 pandemic, all voting in May 12 elections in New Jersey was done by mail-in ballots. (read more)
Nationally, Nancy Pelosi and top DNC Democrats have openly stated their intention is to force mail-in ballots in all states for the 2020 presidential election contest. The open intent is to use mail-in ballots as a purposeful way to win the election. To accomplish this goal panic around the COVID-19 virus is needed.
Mail-in ballots are notorious for voter fraud:
(1) Duplicate ballots can be sent to specific zip codes for specific parties allowing voters to cast several ballots.
(2) Fraudulent or counterfeit ballots can be created allowing unlimited fraudulent voting.
(3) The mail system can be used to control ballot delivery and/or return.
(4) Intercepted and selected ballot destruction is commonplace amid election precincts where wide-scale voter ballots have been used before.
(5) Political operatives working directly or bribing USPS employees for ballot control.
(6) Ballots sent to former addresses allowing multiple votes.
(7) Ballots sent to inactive or deceased voters allowing votes cast by ineligible persons.
(8) Millions of ballots sent to non-citizens as part of the motor-voter fraud; a common democrat initiative as used in California.
The list is long…. The entire process of mail-in ballots is built upon systemic and purposeful fraud intended to disfranchise eligible U.S. voters; and there is very little criminal accountability for the process.
Year-after-year, election after election, Broward County Florida has intentionally and purposefully used mail-in (absentee) ballots as the tool to manipulate their elections.
Biden is a babbling idiot
If we can maintain enough clear vision to see past the garbage the nation is being fed by the liberal media tv and newsprint shysters, we should be able to clearly see that we are being sold some serious lies as the most critical 2020 elections are approaching. One of the biggest and most distressing of those lies is Joe Biden. Just as Tucker Carlson indicated a few nights ago, the Democrats have no other choice but Biden. And, at the same time, he is precisely what they were hoping to find. He really is just a shell of a man. It’s obvious that the only mind he has left is whatever is pumped to him through his teleprompters. And, the people who are supposed to be reporting our news to us impartially are talking this guy up as though he is truly the spotless rocket scientist his campaigners bill him as. He is a babbling idiot.
‘Touchy-feely Joe’ or Joe, “Gaffes-for-Laughs”, Biden is definitely the Democrat’s desperation toss
I don’t know if anybody remembers this. Most people, anymore, can’t seem to hang on to more than an hour’s history right after it happens. It was the Democratic debate, September 2019. I doubt that Joe Biden remembers much about that night,since it was obvious that Joe couldn’t even remember why he and all those other people were standing at podiums in front of a bunch of cameras and strangers. Nevertheless, it was so cool. One of the questions Joe was asked was his opinion regarding ‘reparations’ (government money—our tax dollars—given to the descendents of slaves we have never personally employed or known). And Mr. Biden dug in and began giving us directions to Mount Eiger and the recipe for a secret, herbal cure for cancer. He went bat-fecal-bonkers. And everybody pretended not to notice (until the next day’s papers came out—and then everybody became momentarily honest, due to the fact that the fix had not been fully assembled yet).
But ‘touchy-feely Joe’ or Joe, “Gaffes-for-Laughs”, Biden is definitely the Democratic party’s desperation toss in the final moments of their 2020 “Give Us Somebody!—Give Us Anybody!” Presidential-Campaign-Tour. There is no way the Democrats could, in seriousness, put forth a disaster like Joe Biden for a presidential candidate—without an absolutely guaranteed fix from all of liberal media (the ‘big six’) and the Hollywood entertainment empire, promising that guarantee being even stronger than what they had prepared for Hillary.
I have maintained from the beginning that somehow the Obamas are going to have something to do with the projected coming Democrat administration. In the unhappy event that Sleepy Joe is actually elected, watch for his vice presidential choice, and more importantly, his choice for Chief of Staff. Then check out his appointments. The hidden agenda will be revealed and you will know who is actually running our country. We need to remember that the Obamas just bought a $15 million home on Martha’s Vineyard. [Remember, they are staunch global warming fans—and so they are of course buying a mansion that sits about an inch above a purportedly rising sea level.]
Joe Biden’s inordinate preoccupation with the private space of women—especially little girls
That house has a helipad, a docking area for all sorts of boats and submarines—and it will be a no flyover zone for everyone including our own military. In other words, they can there meet with whomever and do pretty much whatever they please. But what bond does a relic like Joe Biden seriously have with Barack? Barack is supporting him now. But I don’t think Joe is going to be looked to for too much ‘presidencing’, should he make it past the final eliminator round.
So often, when I am forced to watch and listen to that clown, Biden, I feel close to spewing my lunch all over whatever newspaper or monitor I’m in front of. If ever there were a ‘poser for president’, Joe is that guy. I mean, if he campaigned against himself, both Bidens would lose. Nevertheless, Joe was, on the evening of that above-mentioned debate, asked his opinion of ‘reparations’. And I honestly believe he couldn’t deliver a straight answer for one of two simple reasons:
- He couldn’t remember what he might have said in past interviews about reparations and he was justifiably afraid of contradicting himself, or,
- [and most likely] He couldn’t remember what he might have said in past interviews about reparations. And he was justifiably afraid of contradicting himself.
Seriously though, the real reason is painfully clear. That, in the very moment you ask a question of Joe, Joe has already forgotten the question. This has been more than solidly documented several times during this, his third stab at the presidency. And people supposedly really want this character to be our chief executive?
In some of my recent articles I’ve discussed Joe Biden’s inordinate preoccupation with the private space of women—especially little girls. Until YouTube takes down the movies of Joe at different press appearances and photo ops, all you have to do is go and search through a shameful thumbnailed list of the videos of Biden’s ‘Roman hands’ wherein he is sniffing hair and very apparently copping feels of the little girls who obviously don’t appreciate his being so ‘friendly.’ But this is today undeniably part of the ‘rank’ and file of what happened to the so-called ‘Democratic Party’ when they, under Jesse Jackson’s brilliant leadership, became the representative organ and umbrella for what he called ‘the Rainbow Coalition.’ Jesse saw that there were a whole slew of weirdos-from-outer-space who did not feel at home in either the Republican or Democratic political parties. So he then, in 1984, developed his own ‘coalition.’
Today we have advanced to a nation full of coddled snowflakes who believe that government is only useful for signing checks
And today you see the fruit (pun perhaps intended) of what he conjured when he went looking for extra voting blocs. Do you want the textbook definition of anarchy? Keep an eye on the rainbow people. “‘Right and wrong?’ That whole thing is racism!” I remember when everybody started using ‘ebonics’ . TV shows then—suddenly—started featuring all sorts of sexual crudity, innuendo, and street language was introduced as a part of children’s communication with other kids their age. My readers will remember when the popular, alleged ‘song’, “Cop Killer” first came out. It was then that the very real devil had no more need of back-masking or disguising rotten words and messages in what growing minds would hear. The Democrats were even then completely fine with that sort of subversive progression.
Today we have advanced to a nation full of coddled snowflakes who believe that government is only useful for signing checks. Today’s brave new world revolves around freebies! And the left uses our tax dollars to prime the pump and make the world safe for themselves (job security for professional politicians). ‘Reparations’ has become a substitute and condensed, leftist term for a bribe, or, “We are willing to pay you in consideration for your vote.” En route to arriving at Joe Biden’s candidacy, other preliminary candidates postured many different promises that were tantamount to that exact notion. They included but were not limited to: ‘reparations’ (a.k.a. ‘MONEY’), loan forgiveness, tax breaks if you are gay, and/or other valuable legislative favors.
But the ugly bottom line is that Biden and his nut-job friends, Pelosi, Schiff, Hillary, Nadler and so forth, and a bunch of lesser Democratic players throughout our country, are all giving praise, rendering obeisance and lending credential to the crowd of wrecking crew whose new behavioral model is a not so bright guy who is advocating for all of his weirdo followers to burn down our nation as they see fit (or as he instructs them to). So, from the fact that they are pushing what appears to be a madman for president. And they’re doing that while visibly supporting the people who have vowed to destroy us. And given the fact that the new left (who can no longer really call themselves Democrats) is thereby promoting anarchy, violence, ungodliness, and bottomless genocide for unborn babies, to boot, how can anyone in their right mind not fight against such a fatal takeover?
It took the Obamas eight years to get this nation totally, racially on the brink of an all-out race battle
We know that the framers have to be rolling in their graves at 50,000 RPM right now. It took the Obamas eight years to get this nation totally, racially on the brink of an all-out race battle. Nearly all that nonsense had died during the Clinton administration. And Michelle and Barack resurrected the whole thing for their party’s profit. The tv’s liberal entertainment empire is keeping Americans fraught with fear while promoting a madman puppet to assume the most powerful office in a world on the edge of falling apart. And of course, the news machine, a.k.a. the swamp, is fully behind all of this—because they want an office on the second floor of the White House, just across the hall from whatever puppet is running the place. [They may be mightily surprised when they find out the hard way that the first thing an autocratic government does is shut down and completely control the media.]
The polls, we are told, have left President Trump so far behind Joe Biden that we just need to throw up our hands in the air and surrender. But given all this confusion, when we look at the facts there can be no confusion. The press and their new presidential hopeful are lying to us so hard, so egregiously, that we can only assume that they are doing one big, evil, final, full-court press in order to guarantee the worst for our future—and financial/power windfalls for themselves. I mean, the left has absolutely given us the unrest and horror that today surrounds us. How much ‘better’ will things be when they finally take complete control of our nation? On that day, a burnt out, touchy-feely Joe will be clutching his teddy bear and smiling from his chair facing the corner. He will be informed that he doesn’t even have to report to that stuffy old Oval Office or show up for any of those boring, confusing meetings. And he’ll be so happy. But he just won’t think to ask why.
Similar to the well-known “knock out” game, violent black males began attacking random white people as part of the Black Lives Matter movement. The objective is to violently beat any random white person while a friend or ally films the brutality. It is also known as “polar bear hunting’. CTH identified 28 victims in 2014 alone. [Typical Example]
This is part of the BLM Marxist program of retaliation. Sometimes rape, gang sexual assault, or severe brutalization are part of the effort. This activity has laid dormant for a few years but surfaces again with the rise of the Black Lives Matter community.
If the random white person does not accept the beating, they are racist.
The media are allies in this BLM project. Anyone who does not willfully submit to the BLM effort, is castigated as the source of their own brutality.
The latest example in Michigan ends with a familiar sentence: “Prosecutors said there was not enough evidence to support a hate-crime charge.”
[Michigan] – Michigan authorities have charged an 18-year-old black man for the “unprovoked,” caught-on-video assault of a white Macy’s manager, officials said.
Damire Palmer, of Mount Morris Township, faces one count of felony assault with intent to do great bodily harm less than murder for the June 26 attack on the employee inside the Flint department store. Palmer is still in the wind.
“This was an unprovoked attack on a Macy’s employee,” said Genesee County Prosecutor David Leyton in a statement. “This behavior as seen on the video is unacceptable, it is criminal, and it cannot be allowed.”
In surveillance video that prosecutors obtained from Macy’s, Palmer walks around the store then approaches the manager from behind and clocks him in the head, knocking him to the floor, officials said.
While the manager is on the ground, Palmer pummels him, the footage shows, according to authorities. Palmer then exits the store with his brother. (read more)
Previous examples ignored by media in the last rise of the BLM movement:
Until we honestly confront the reality of what is taking place we cannot expect to see this trend stop. Every single one of these attacks is identical. A black suspect -usually a youth- a specifically intended random white or asian victim, a random blow to the face/head:
Baton Rouge, Louisiana (victim killed)
St. Cloud, Minnesota (victim killed)
New York, New York (six victims from same thug)
New York, New York (victim Killed)
Houston, Texas (two victims)
New York, New York (female victim)
Baltimore Maryland (two victims)
New York, New York (72-year-old victim)
New York, New York (Pregnant female victim)
Fort Myers, Florida (89-year-old victim)
Chicago, Illinois (Victim killed)
New Jersey (13, 14 year-old attackers, Victim killed)
Chicago, Illinois (victim killed)
Michigan (victim was armed and shot attacker in buttocks)
Chicago, Illinois (Victim killed)
New York, New York (Tourist victimized)
This is what it looks like to be a victim:
This is not a myth, or urban legend !
In order to support the most important political objectives of the DNC writ large in the 2020 election, COVID-19 hype is essential:
♦Without COVID-19 panic Democrats cannot easily achieve ‘mail-in’ voting; which they desperately need in key battleground states in order to control the outcome.
♦Without COVID-19 panic Democrats cannot shut down rallies and political campaigning efforts of President Trump; which they desperate need to do in key battleground states.
♦Without COVID-19 panic Democrats cannot block the campaign contrast between an energetic President Trump and a physically tenuous, mentally compromised, challenger.
♦Without COVID-19 panic Democrats do not have an excuse for cancelling the DNC convention in Milwaukee; thereby blocking Team Bernie Sanders from visible opposition while protecting candidate gibberish from himself.
♦Without COVID-19 panic Democrats do not have a mechanism to keep voters isolated from each-other; limiting communication and national debate adverse to their interests. COVID-19 panic pushes the national conversation into the digital space where Big Tech controls every element of the conversation.
♦Without COVID-19 panic Democrats cannot keep their Blue state economies easily shut-down and continue to block U.S. economic growth. All thriving economies are against the political interests of Democrats.
♦Without COVID-19 panic Democrats cannot easily keep club candidate Joe Biden sealed in the basement; where the electorate is not exposed to visible signs of his dementia.
♦Without COVID-19 panic it becomes more difficult for Big Tech to censor voices that would outline the fraud and scheme. With COVID-19 panic they have a better method and an excuse.
♦Without COVID-19 panic Democrats cannot advance, influence, or organize their preferred presidential debate format, a ‘virtual presidential debate’ series.
[Comrade Gretchen Whitmer knows this plan, hence she cancelled the Michigan venue]
All of these, and more, strategic outcomes are based on the manufactured weaponization of the COVID-19 virus to achieve a larger political objective. There is ZERO benefit to anyone other than Democrats for the overwhelming hype surrounding COVID-19.
It is not coincidental that all corporate media are all-in to facilitate the demanded fear that Democrats need in order to achieve their objectives. Thus there is an alignment of all big government institutions and multinationals to support the same.
Nothing is coincidental. Everything is political.
There is a lot of weird financial data in/around Nike that is coming to a head. For those who track issues closely, Nike is using the COVID-19 issues to hide the Kaepernick effect.
Everyone remembers Nike went all-in on their social justice model and made a corporate decision to make Black Lives Matter activist Colin Kaepernick the image of their brand.
In their latest financial results Nike is reporting a net quarterly loss of $790 million…. That’s a big deal. However, given the defensive excuses over the COVID-19 shutdown, that loss alone isn’t the big story. Their year-over-year sales are down 38%, which tells us the downward spiral has been happening for a lot longer than a quarter.
How bad were their results? To give you some perspective most financial analysts in the industry were looking for a profit target around seven cents per share. The result Nike reported was a loss of 51 cents per share. That is a massive disparity.
In my opinion, having tracked MAGA and Anti-MAGA companies and effects, what Nike was doing in much of last year was hiding and deferring income losses due to sales declines. They did this because the larger goal was to hide the impact of their branding shift. Nike didn’t want people to know how much backlash they faced, so they used every mechanism possible including inventory manipulation to avoid showing losses.
However, as with all revenue and profit hiding schemes inside large corporations (and there are many that can be used) eventually you run out of ways to hide profit losses as a result of top-line collapses. Eventually inventories are trued up; eventually supplies need to be replenished; eventually extended -and or renegotiated- vendor payments need to be made; eventually it’s going to catch up to you. In my opinion, this is what’s happened.
Total revenue was down 38% to $6.31 billion from $10.18 billion a year ago. Sales in North America were down 46% (link)
Nike saw the COVID-19 economic contraction as a way to hide a top-line and bottom-line collapse that has very little to do with the coronavirus.
COVID-19 is their cover, not the principal cause.
Evidence to support my review found in the action that Nike takes after releasing their $790 million profit loss. Remember, this bottom line loss is the direct result of the top line collapse. The raw material doesn’t cost more (it’s actually less); inflation didn’t chew up their import pricing (it’s actually less); they are buying in dollars which are actually stronger; energy costs are not higher (they are actually less) and Nike has not been hurt by tariffs because Chinese devaluation of currency (beyond the tariff cost) has actually helped raise the profit equation for many importers. This loss is all about the top line.
Nike immediately responds by saying (emphasis mine):
Nike CEO John Donahoe announced in a company-wide email on Thursday that the brand will soon be “forced to make some difficult choices” that will “likely result in a net reduction of jobs.“
The email, viewed by Complex, comes after Nike posted a net loss of $790 million in its latest quarterly earnings report on the same day. The company attributed the loss in part to the strain COVID-19 placed on its business globally.
[…] Donahoe ensured that the reductions in staff would “not be done for cost reasons.” The CEO also said they were not a response to the coronavirus pandemic.
Instead, he wrote, the restructuring is a remedy to the “overburdened matrix” the company has become. He said the planned cuts are meant to simplify how Nike works and increase speed and responsiveness.
The email offers few details with respect to who among the brand’s thousands of employees will be affected.
It mentions that workers at Nike’s retail stores, distribution centers, and manufacturing facilities are not expected to be cut. But Donahoe also wrote in it that Nike does “not yet know how many jobs will be reduced, nor who will be specifically impacted.”
The layoffs are scheduled to happen in phases, the first one concluding in late July and the last one in the fall. (more)
Notice how everything in those statements seems to contradict itself and provides no clarity as to why such a stunning loss would be recorded? Again, my hunch is that Nike has been playing ‘hide the loss’ ever since their stupid business decision to rebrand as apparel only for social justice warriors.
Nike purposefully cut-out half the population of their largest market in order to virtue signal to their leftist peers and retain cocktail party invitations. Consequences from those painfully stupid -and brutally political- mistakes cannot be avoided forever. That’s the larger background.
Here’s an example of a company that will not put themselves in the same position of vulnerability; and it is not coincidental their announcement comes out immediately following the Nike report. Unilever is backing away from digital advertising:
UNILEVER – The complexities of the current cultural landscape have placed a renewed responsibility on brands to learn, respond and act to drive a trusted and safe digital ecosystem.
Given our Responsibility Framework and the polarized atmosphere in the U.S., we have decided that starting now through at least the end of the year, we will not run brand advertising in social media newsfeed platforms Facebook, Instagram and Twitter in the U.S. Continuing to advertise on these platforms at this time would not add value to people and society. We will be monitoring ongoing and will revisit our current position if necessary. (read more)
Washington DC was not established as a state for the exact reason why Speaker Pelosi and House Democrats are trying to gain statehood for Washington DC; absolute corruption and power, it’s a self-fulfilling proposition. Pelosi is now trying to cloud the latest effort under the false pretense of civil rights; but civil rights has nothing to do with it.
Washington DC was established to be a geographic centralized zone to house the offices of very limited federal government. DC is now a zone of political corruption intentionally isolated from the rest of the nation; and built into a system of internal benefit, scheme, graft and power. The exact opposite of its purpose.
WASHINGTON DC – The House on Friday approved landmark legislation granting statehood to Washington, D.C., in a 232-180 vote.
The vote was historic, marking the first time either chamber has passed legislation to elevate the District to the 51st state — and empower its residents with long-sought voting representation within the halls of Congress.
Calls for Washington, D.C., to gain statehood have gained steam amid the national calls for racial justice that have followed the police killing of George Floyd last month.
…[J]ust months before November’s elections, Democrats are hoping to highlight their legislative priorities for voters to see. And Floyd’s death in the custody of Minneapolis police on May 25 — which unloosed a flood of pressure on Congress to tackle racism across broad facets of American culture — has given new life to a host of years-old proposals designed, at least in part, to empower African Americans and other minorities. (more)