Apparently, California Representative Kevin McCarthy has already moved his personal effects and furniture into the House Speaker’s Office despite not winning enough votes to be considered Speaker of the House.
Republican House member Matt Gaetz, a strong opponent of Mr McCarthy, sends a letter of inquiry asking how is this possible?
Full letter below.
The management and branding team behind Florida Governor Ron DeSantis continue to track a transparent path toward a 2024 nomination run. Florida Governor DeSantis was sworn into office today at Noon eastern, complete with Jeb Bush as a special on-stage guest of honor.
Former Florida Governor Jeb Bush is one of the primary organizers and influencers for DeSantis ’24 presidential bid. Former governors Rick Scott (R) and Charlie Crist (R/D) did not participate in the ceremony. Additionally, despite the early hour and not appearing to be coincidental, it appeared the political branding team decided to have Casey DeSantis take a page from First Lady Melania Trump’s wardrobe style. WATCH:
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They are going to recreate Camelot whether you want it or not. However, once you see the strings on the marionettes, it’s impossible not to watch the performance and not see them.
Ron DeSantis is the counterfeit $100 bill on a fishing string being dragged through the MAGAhood by the professional political class and Bush family revenge operations.
The House of Representatives failed to elect a House Speaker through three rounds of voting. Approximately 20 members of the Republican conference will not vote for Kevin McCarthy, as a result there is a stalemate. The Republican caucus requested adjournment until noon tomorrow, Wednesday January 4th.
Essentially Kevin McCarthy needs to: (1) step aside and accept he will not be Speaker, or (2) continue the House voting in futility, or (3) find a way to convince the Republican holdouts to support him.
This has happened before, just not in the modern political era. The holdouts want Jim Jordan to accept the Speaker position.
Don’t get defrosted, worried or overly attached to any outcome. This is simply the way our system was designed.
The House of Representatives continues efforts to elect a Speaker of the House. Republican candidate Kevin McCarthy failed in his first-round effort on the floor in dramatic fashion. A group of conservatives blocked his path amid one of the smallest GOP House majorities in history. Democrat Hakeem Jeffries had the highest overall number of votes, but still not enough to become speaker.
As noted by Politico, “In a stunning moment of chaos on the first day of the new Congress, McCarthy and his allies will now attempt to quell the revolt, preparing members to take repeated votes as pressure mounts from their colleagues. It will mark only the second time since the Civil War that a party will need multiple attempts to choose its leader on the House floor — with all business in the chamber, even the swearing-in of members, halted until a speaker is chosen.”
Voting continues, video below. UPDATE After Three Failed Votes, the House is adjourned until noon tomorrow:
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Zelensky’s forces of the Ukrainian military had fired four long-range missiles that had been provided by the US (HIMARS) with US training to kill Russian soldiers in the barracks on New Year’s Eve. Russia says that they shot down two of the four. Just after midnight on New Year’s Day, Ukrainian missiles were fired and struck a vocational school in Makiivka that housed soldiers. Some 300 are injured and 63 are dead. While that is not supposed to be fair in war just killing soldiers in the barracks rather than on a battlefield, this war is anything but normal.
The Ukrainians used New Year’s Eve. We should be on guard now for attacks over Orthodox Christmas. Both sides will most likely attack fiercely.
Friends, in the late summer and fall of 2021 CTH warned of massive waves of price increases that would push inflation to record highs. We watched as each wave arrived almost on schedule throughout 2022, and as a direct result of Joe Biden energy and economic policy, prices necessarily skyrocketed.
In essence in 2021 we were warning about the expenditure side of the ledger that all working-class and fixed income families would experience. We advised to take every proactive measure possible to avoid future price increases.
Now, unfortunately, we begin moving those same warnings to the other side of the ledger; because as a natural consequence of consumer checkbook pain, the financial pressure always transfers to the income and employment side of the economic dynamic.
Keep in mind, retail sales are calculated in dollars spent by consumers. November 2022 retail sales as reported by the commerce department today [DATA pdf], reflect a 0.6% decrease in spending vs October. November data includes Thanksgiving, Black Friday and the traditional early holiday shopping. 0.6% less dollars were spent, despite prices being double digits higher than the prior year.
When the prices you are charging for goods and/or services are 10, 20, even as high as 60 percent more than prior year, yet your sales are running flat to negative – that means consumer purchases of those goods/services are substantially lower.
If you were selling 100 widgets for $1 each in 2021, you gross $100. If your widgets now sell for $1.25 and you gross $94 in 2022 sales, you have sold 75 widgets.
In 2021 you sold 100 widgets, in 2022 you sold 75 widgets, a difference of 25 widgets.
Everything attached to the raw material, creation, manufacturing, distribution and sale of those 25 missing widgets is no longer part of the economic activity associated with your widget business. You are now telling your suppliers you don’t need as many widgets, because they are not selling. You have lost 25% of your business in this scenario.
Everything associated with the drop in consumer spending now begins to downsize. Downsizing means less labor needed. This process triggers the economic impact shifting from the consumer sales side of the ledger to the income side of the ledger for employers, employees and workers.
If this consumer spending trend continues, and there is absolutely no reason to think it will reverse, we are entering a phase of serious financial instability for the American worker, at a scale that will dwarf the 2006/’07 and ’08 recession.
I am not a doomsayer pundit on economic matters. I am a proactive planner on economic forecasts. With consumer credit costing more, with fed interest rates climbing, with import orders cancelled, with shipping costs dropping, with consumer spending contracting, with fewer units moving, with inventories climbing, all of the data only points in one direction.
Serious consumer defaults are looming.
Government policy has been hammering the demand side of the economy, proclaiming -falsely- that excessive consumer demand was the cause of inflation. This game of economic pretending is about to get very serious.
Consumer spending, as measured in actual units created and purchased in the economy, has been contracting since the third quarter of 2021 (started June, July, August ’21). Simultaneously, consumer spending as measured in actual dollars spent to purchase food, fuel and energy, has been skyrocketing. This is a supply side inflationary cycle with no soft landing.
(Wall Street Journal) – U.S. retail spending and manufacturing weakened in November, signs of a slowing economy as the Federal Reserve continues its battle against high inflation.
November retail sales fell 0.6% from the prior month for the biggest decline this year, the Commerce Department said Thursday. Budget-conscious shoppers pulled back sharply on holiday-related purchases, home projects and autos. Manufacturing output declined 0.6%, the first drop since June, the Fed said in a separate report.
The Fed on Wednesday raised its benchmark interest rate 0.5 percentage point to a 15-year high and signaled plans to continue lifting rates through the spring. Fed officials have increased rates at the fastest pace since the 1980s to cool the economy and bring down inflation, which is running near a 40-year high.
“Most households are acting strategically, planning for a road ahead that may be more difficult to traverse, with higher interest rates, the housing slump, and ongoing inflation—and the very real possibility of a recession,” said Craig Johnson, president of the retail consulting firm Customer Growth Partners. (read more)
Businesses are going to start cutting expenses in order to survive.
The number one expense for almost all businesses is the labor cost.
Non-essential and high wage labor is going to get removed first.
“Crowds? I see nothing. I’m surprised,” retail worker Jeremy Pritchett told FOX 2. “Normally, it’s wrapped all the way around the building. Today: no one.”
That’s the typical ground report from areas all over the country. No one, literally almost no one, is doing any holiday shopping and the traditional Black Friday rush to get deals and discounts just didn’t happen. Financial media are scratching their puzzlers, perplexed with furrowed brows.
Interestingly, almost every financial media outlet is using the same Retail Federation talking point about anticipating an 8% increase in holiday sales this year. Apparently, pretenses must be maintained. Meanwhile, news crews and camera crews are having a desperate time finding any holiday shopping to use as background footage for the claims that sales are strong.
“Look, over there. There’s a person buying something. Oh, wait, no, that’s just an employee dusting the empty cash register.” At a certain point, one would have to believe reality would run head-first into the mass delusional pretending. Maybe this holiday season will be it, maybe not.
Reuters – […] About 166 million people were planning to shop from Thursday’s Thanksgiving holiday through this coming “Cyber Monday,” according to the National Retail Federation, almost 8 million more than last year. But with sporadic rain in some parts of the country, stores were less busy than usual on Black Friday.
“Usually at this time of the year you struggle to find parking. This year, I haven’t had an issue getting a parking spot,” said Marshal Cohen, chief industry adviser of the NPD Group Inc.
“It’s a lot of social shopping, everybody is only looking to get what they need. There is no sense of urgency,” Cohen added, based on his store checks in New York, New Jersey, Maryland and Virginia.
At the American Dream mall in East Rutherford, New Jersey, there were no lines outside stores. A Toys ‘R’ Us employee was handing out flyers with a list of the Black Friday “door buster” promotions. (read more)
It’s almost Kafkaesque to see how the media are continuing to maintain economic pretenses, yet the reality of a completely collapsed consumer economy is physically staring them in the face.
(Bloomberg) – Activity Light at One San Francisco Mall (4:40 p.m.) – At the Stonestown mall in San Francisco, shoppers were few and far between. The Target and Zara stores were mostly empty, and there was no line for the mall’s Santa Claus. Uniqlo and Apple were the busiest locations, but they still weren’t crowded.
[…] Crowds were thin in the late morning at the Stamford Town Center mall. Kay Jeweler, empty. Safavieh, empty. Only a couple of people waited at the checkout line at Forever 21 and just a few were in line for a purchase at Barnes & Noble.
[…] At a Target store on Chicago’s North Side, the parking lot was barely half full at about 9 a.m. local time. Shoppers were greeted with $3 ornaments and discounted Christmas trees when entering, and the store seemed calm and relatively quiet.
[…] The Macy’s in Stamford, Connecticut, was neat and orderly — maybe a little too neat and orderly on a day associated with shopping chaos. The furniture section was nearly deserted, though there were more shoppers looking at shoes. (read more)
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Watch the latest interview above or click here.
The January 6th Committee in Washington DC has a much bigger bipartisan motive than most Americans understand. The elimination of Donald John Trump from the political landscape is an exercise in protecting a surveillance state from the threat that Trump represents.
That said, I’m not sure that even Donald Trump himself realizes and/or appreciates the scale of threat he is considered to a system created in the aftermath of 9/11/01. However, consider this a precursor to the next post on this website that will hopefully show exactly what the scale of the problem is.
Wyoming congressional representative Liz Cheney gets a lot of attention for her opposition to Trump; but what most people do not yet fully grasp is the direct and consequential nature of her opposition. Liz Cheney, the daughter of former Vice President Dick Cheney, has a vested interest in removing the threat of Trump because the real issue comes back to what her father created in the aftermath of 9/11, the domestic political surveillance state.
There are two defensive operations currently underway in Washington DC to protect the biggest issue that few people talk about. The first is the objective of Deputy Attorney General Lisa Monaco, the former Obama White House senior national security advisor and legal liaison from the executive branch. The second objective is the J6 committee trying to stop Donald Trump from ever holding political office again.
Lisa Monaco is in place to protect the former Obama White House from legal and/or political responsibility in their weaponizing of domestic law enforcement operations inside the U.S. Dept of Justice and Federal Bureau of Investigation. Monaco’s undiscussed job is to target any entity who might reveal what Obama did, and what systems currently exist.
When you understand what Monaco is responsible for doing, you also understand why the National School Boards Association wrote a letter to the DOJ asking Attorney General Merrick Garland to use his influence and control over the FBI to target parents who attended School Board meetings in opposition to the agenda of the progressive left.
Alot has been written about that requested targeting operation, yet few people have wondered what mechanisms are known to the NSBA that would facilitate their request to the Dept of Justice. In the bigger picture, the request from the NSBA was a request to deploy tools that only exist thanks to the bipartisan work of Dick Cheney and Barack Obama.
There is a currently ongoing national surveillance system that monitors you, me and everyone else that Washington DC might consider a threat. It is within this system that you find the real issue and motive for why Democrats and Republicans would be united in their effort to remove Donald Trump as a perceived threat.
Many people have written about the political goals of the January 6th committee, yet few people really grasp what DC is trying to hide and protect from the American people.
It is only when you fully understand their motives that you can fully appreciate the scale of what they will do to keep the system in place. A national surveillance system that was created by Dick Cheney and then later refined by Barack Obama.
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I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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