Posted originally on the conservative tree house on November 26, 2022 | Sundance
“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)
Posted originally on the conservative tree house on November 24, 2022 | sundance
We have been closely monitoring the signs of a global cleaving around the energy sector taking place. Essentially, western governments’ following the “Build Back Better” climate change agenda which stops using coal, oil and gas to power their economic engine, while the rest of the growing economic world continues using the more efficient and traditional forms of energy to power their economies.
Within the BBB western group (identified on map in yellow), the logical consequences are increased living costs for those who live in the BBB zone, and increased prices for goods manufactured in the BBB zone. In the zone where traditional low-cost energy resources continue to be developed (grey on map), we would expect to see a lower cost of living and lower costs to create goods. Two divergent economic zones based on two different energy systems.
This potential outcome just seemed to track with the logical conclusion. The yellow zone also represented by the World Economic Forum, and the gray zone also represented by an expanding BRICS alliance. Against this predictable backdrop we have been watching various events unfold, some obvious and some less so.
Today, we get an obvious example:
NEW DELHI, Nov 24 (Reuters) – Fiat parent Stellantis (STLA.MI) has concluded it can’t currently make affordable electric vehicles (EVs) in Europe and is looking at lower-cost manufacturing in markets such as India, its chief executive told reporters.
If India, with its low-cost supplier base, is able to meet the company’s quality and cost targets by the end of 2023, it could open the door to exporting EVs to other markets, said Carlos Tavares, CEO of the group whose brands also include Peugeot and Chrysler.
“So far, Europe is unable to make affordable EVs. So the big opportunity for India would be to be able to sell EV compact cars at an affordable price, protecting profitability,” Tavares told reporters at a media roundtable in India late on Wednesday.
Stellantis is investing heavily in EVs and plans to produce dozens in the coming decade, but Tavares warned last month that affordable battery EVs were between five and six years away.
On his first visit to India since taking over as Stellantis CEO, he said the company was still working out a plan regarding EV exports from the country and had not yet taken any decisions. (read more)
Normally we would expect to see market forces determining the ultimate economic outcome. Historically, we would not expect government policy that puts their nation at an economic disadvantage. However, in this WEF controlled new western economic normal we see multinational corporations’ making decisions and government leaders creating policy to support the corporations.
There is money to be made by corporations within the climate change agenda, and there is money to be made by producing goods with low-cost wages and cheap materials. Eventually, if you keep following this to its natural conclusion, the entire yellow zone becomes a service driven economy.
Multinational corporations in control of government are what the BRICS assembly foresaw when they first assembled during the Obama administration. When multinational corporations run the policy of western government, there is going to be a problem. Brazil, Russia, India, China and South Africa (BRICS) saw President Obama sub-contracting, actually giving away, U.S. trade policy.
In the bigger picture, the BRICS assembly are essentially leaders who do not want corporations and multinational banks running their government. BRICS leaders want their government running their government; and yes, that means whatever form of government that exists in their nation, even if it is communist.
BRICS leaders are aligned as anti-corporatist. That doesn’t necessarily make those government leaders better stewards, it simply means they want to make the decisions, and they do not want corporations to become more powerful than they are. As a result, if you really boil it down to the common denominator, what you find is the BRICS group are the opposing element to the World Economic Forum assembly.
The BRICS team intend to create an alternative option for all the other nations. An alternative to the current western trade and financial platforms operated on the use of the dollar as a currency. Perhaps many nations will use both financial mechanisms depending on their need.
The objective of the BRICS group is simply to present an alternative trade mechanism that permits them to conduct business regardless of the opinion of the multinational corporations in the ‘western alliance.’
Again, if you follow the Build Back Better agenda to its natural conclusion, the entire yellow zone becomes a service driven economy.
Armstrong Economics Blog/Climate Re-Posted Nov 23, 2022 by Martin Armstrong
The United Nations proposed a new method to funnel money out of developed nations during the COP27 meeting – climate reparations. The United Nations is still negotiating who will pay what, but rest assured, the US will likely pay the most. President Biden fully supports the idea in addition to the $1 billion he was granted last year to fight third-world climate change. China is considered a developing nation, according to the UN, and will not contribute to the global fund despite being the largest polluter in the world.
The ”loss and damage fund,” as it is known, would take money from rich nations in an attempt to change the weather and prevent natural disasters that would take place even if humans did not inhabit Earth. The funds would primarily be sent to countries in Latin America, Africa, and Asia. Fears are sparking that this would act as a confession, and developing nations could sue developed nations and/or businesses for additional compensation.
Trump attempted to get America out of the Paris Accord. The GOP-majority House will likely not vote in favor of this measure. Our best bet is to hope they kick the can down the road until Biden’s term has ended.
From the attached report on climate change for October 2022 Data we have the two charts showing how much the global temperature has actually gone up since we started to measure CO2 in the atmosphere in 1958? To show this graphically Chart 8a was constructed by plotting CO2 as a percent increase from when it was first measured in 1958, the Black plot, the scale is on the left and it shows CO2 going up by about 32.4% from 1958 to October of 2022. That is a very large change as anyone would have to agree. Now how about temperature, well when we look at the percentage change in temperature also from 1958, using Kelvin (which does measure the change in heat), we find that the changes in global temperature (heat) is almost un-measurable at less than .4%.
As you see the increase in energy, heat, is not visually observably in this chart hence the need for another Chart 8 to show the minuscule increase in thermal energy shown by NASA in relationship to the change in CO2 Shown in the next Chart using a different scale.
This is Chart 8 which is the same as Chart 8a except for the scales. The scale on the right side had to be expanded 10 times (the range is 50 % on the left and 5% on the right) to be able to see the plot in the same chart in any detail. The red plot, starting in 1958, shows that the thermal energy in the earth’s atmosphere increased by .40%; while CO2 has increased by 32.4% which is 80 times that of the increase in temperature. So is there really a meaningful link between them that would give as a major problem?
Based to these trends, determined by excel not me, in 2028 CO2 will be 428 ppm and temperatures will be a bit over 15.0o Celsius and in 2038 CO2 will be 458 ppm and temperatures will be 15.6O Celsius.
The NOAA and NASA numbers tell us the True story of the
Changes in the planets Atmosphere
The full 40 page report explains how these charts were developed .
Armstrong Economics Blog/Climate Re-Posted Nov 16, 2022 by Martin Armstrong
Rules for thee, but not for me! The elites rushed to Egypt for the 2022 United Nations Climate Change Conference, commonly known as COP27, to discuss how the plebians can suffer under the excuse of climate change. Sharm el-Sheikh’s airport was renovated to accommodate these climate change pioneers who arrived in over 400 private jets.
A private jet can emit two tons of carbon dioxide in one hour, which creates 14X the pollution PER PASSENGER compared to a commercial aircraft. Around 33,000 people registered for the COP27 event. From the event’s website:
“The hope is that COP27 will be the turning point where the world came together and demonstrated the requisite political will to take on the climate challenge through concerted, collaborative and impactful action. Where agreements and pledges were translated to projects and programs, where the world showed that we are serious in working together and in rising to the occasion, where climate change seized to be a zero sum equation and there is no more ” us and them” but one international community working for the common good of our shared planet and humanity.”
“We must unite to limit global warming to well below 2c and work hard to keep the 1.5 c target alive. This requires bold and immediate actions and raising ambition from all parties in particular those who are in a position to do so and those who can and do lead by example,” the website also notes. They are requesting $100 billion USD annually to “build more trust between developed and developing countries.”
When big government comes knocking on your door this winter for running the thermostat too high, remember how these elites “fought” for us. They laugh at us from their ivory towers. Climate change initiatives have nothing to do with protecting the environment; they are intended to protect the elite’s wealth and power.
Posted originally on the conservative tree house on November 11, 2022 | Sundance
They have proposed and refined so many of the carbon trading schemes, it becomes difficult to remember which iteration each new formula replaces. Heck, I’ve lost track of how many of the individual components of the larger plan are already in place. However, John Kerry has introduced the western elites at COP27 to the latest acceptable proposal surrounding coal fired energy.
Against the backdrop of sped-up Build Back Better urgency, this coal-based carbon trading platform is called the Energy Transition Accelerator (ETA).
When you stay elevated to the larger way the Energy Transition Accelerator works you can clearly see the transferring of wealth from your bank account to the global control mechanism that will eventually determine your energy allotment. The companies that provide energy are simply the collectors for the fees you will pay to the World Economic Forum income disbursement group.
(Reuters) – […] The scheme, known as the Energy Transition Accelerator (ETA), was launched at the United Nations’ COP27 conference this week by John Kerry, the United States’ climate envoy, in collaboration with the Rockefeller Foundation and the Bezos Earth Fund.
[…] Voluntary carbon markets, in which companies get emissions credits in return for channeling cash to poor countries that cut their carbon output, have often been riddled with fraud and double-counting. Many critics think rich countries should just fork out the cash themselves to close coal plants – or tax fossil fuel companies to get the money. (read more)
There’s the system in a nutshell. Energy providers must purchase emission credits from the ‘carbon market’ (govt); in the U.S. likely the EPA as they do with RIN credits. The electricity provider puts the carbon purchase credit fee in your electricity bill.
The money generated from that credit purchase system is then delivered to the government who take a cut; then pass along the balance to the central climate control unit who take a cut; then forward the remaining balance to the third-world government who also take a cut; and then the remainder is used to develop clean energy systems; which returns to the starting point with the energy providers.
See how that works?
That’s the basic operational model of all the carbon-trading platforms.
Widget Corp (energy provider) is forced to purchase a credit. Widget Corp. get the fee for the credit from the customers (you). The fee is passed on to govt, then passed on to central control, then passed on to foreign govt, then passed on to Widget Corp. for building the new clean energy system.
Yes, it’s a Build Back Better circle.
The only way to avoid the Carbon-Trading Exchange is not to join the carbon trading system.
Well, that said, what does not joining the carbon trading system look like?
(Silk Road) – The Russian Foreign Minister, Sergey Lavrov has stated that ‘over a dozen’ countries have formally applied to join the BRICS grouping following the groups decision to allow new members earlier this year. The BRICS currently includes Brazil, Russia, India, China and South Africa.
It is not a free trade bloc, but members do coordinate on trade matters and have established a policy bank, the New Development Bank, (NDB) to coordinate infrastructure loans. That was set up in 2014 in order to provide alternative loan mechanisms from the IMF and World Bank structures, which the members had felt had become too US-centric.
The Asian Infrastructure Investment Bank (AIIB) was set up by China at about the same time for largely the same reasons and to offer alternative financing than that provided by the IMF and World Banks, which were felt to impose political reform policies designed to assist the United States in return for providing loans. Both the NDB and AIIB banks are Triple A rated and capitalised at US$100 billion. The NDB bank shares are held equally by each of the five members.
In total, the BRICS grouping as it currently stands accounts for over 40% of the global population and nearly a quarter of the world’s GDP. The GDP figure is expected to double to 50% of global GDP by 2030. Expanding BRICS will immediately accelerate that process.
Concerning a BRICS expansion, Lavrov stated that Algeria, Argentina, and Iran had all applied, while it is already known that Saudi Arabia, Türkiye, Egypt and Afghanistan are interested, along with Indonesia, which is expected to make a formal application to join at the upcoming G20 summit in Bali.
Other likely contenders for membership include Kazakhstan, Nicaragua, Nigeria, Senegal, Thailand and the United Arab Emirates. All had their Finance Ministers present at the BRICS Expansion dialogue meeting held in May. (more)
Can you see it now?
This is the global trade and finance system cleaving as a result of western government’s chasing climate change.
There will eventually be two systems of finance, banking, investment and energy use.
Can you see it now?
Right now, the ‘western’ team is not going to allow any ally to join the BRICS team without punishment.
It’s a battle for global wealth using energy development as the tool.
Last point. With this in mind, does the multinational opposition to President Trump carry a new “trillions at stake” context for you?
The WEF’s Stakeholder Capitalism Is Just Global Fascism By Another Name
by Tyler Durden
Wednesday, Nov 09, 2022 – 11:40 PM
The concept of “fascism” was originally entered into the Encyclopedia Italiana by Italian philosopher Giovanni Gentile, who stated that “Fascism should more appropriately be called corporatism because it is a merger of state and corporate power.” Benito Mussolini would later take credit for the quote as if he had written it himself, but it’s important to note because it outlines the primary purpose of the ideology rather than simply throwing the label around at people we don’t like as a dishonest means to undermine their legitimacy.
Despite the fact that leftists today often attack conservatives as “fascists” because of our desire to protect national boundaries and western heritage, the truth is that all fascism is deeply rooted in leftist philosophies and thinkers.
Mussolini was a long time socialist, a member of the party who greatly admired Karl Marx. He deviated from the socialists over their desire to remain neutral during WWI, and went on to champion a combination of socialism and nationalism, what we now know as fascism. Adolph Hitler was also a socialist and admirer of Karl Marx, much like Mussolini. It is actually hard to find where Marx, the communists and the fascists actually differ from each other – A deeper sense of nationalism seems to be one of the few points of contention.
Though Marx saw the existence of nation states as temporary to the proletariat and to the ruling class, he noted that the industrialists were erasing national boundaries anyway. Marx argues in the Communist Manifesto with some optimism:
“National differences and antagonisms between peoples are already tending to disappear more and more, owing to the development of the bourgeoisie, the growth of free trade and a world market, and the increasing uniformity of industrial processes and of corresponding conditions of life.”
Marx saw the development of corporate power as useful and the next necessary step towards socialism, noting that joint-stock companies (corporations) and the credit system are:
“The abolition of the capitalist mode of production within the capitalist mode of production itself.”
In other words, corporations are viewed as a tool for the eventual transition to a socialist “Utopia” and the death of free markets. Once again, we see there is very little difference in motive between the political left and the fascists. The natural progression of every form of Marxism, communism, socialism, fascism etc. all ultimately lead to a kind of globalist ideology and erasure of cultural separation. The methods might differ slightly but the end result is the same. Some think this is a good thing, but it is actually quite poisonous.
Globalism requires an overarching social dynamic, a single hive mind, otherwise it cannot survive. If people have the ability to choose or create better options (or different options) for living then globalism loses significance. The existence of choice has to be erased. This is a behavior that the political left has fully embraced and they are more than happy to work hand-in-hand with corporate oligarchs to make their ideal system a reality. Long gone are the days of the anti-corporate progressive – They LOVE corporate dominance, but only if those companies promote and enforce leftist models for society.
Mussolini’s fascism is at the root of the very corporate governance that leftists applaud and lust after today. They have far more in common with fascists than they realize.
The new fascism is a re-branded philosophy best represented by something called “Stakeholder Capitalism.” It is a term often used by globalists at the World Economic Forum and the head of the WEF, Klaus Schwab. The media friendly definition of Stakeholder Capitalism is:
A form of capitalism in which companies do not only optimize short-term profits for shareholders, but seek long term value creation, by taking into account the needs of all their stakeholders, and society at large.
But who are “all stakeholders” in the opinion of the WEF?
Well, according to Klaus Schwab they are all of human civilization, now and in the future. In other words, the goal of SHC is for corporate leaders and globalist bureaucracy to take responsibility for the entire world, not just their own employees, shareholders and profits. And such leaders would not be acting as individuals, they would be acting as a collective. In other words, SHC requires all major corporations to act as a single unit with a single purpose and a unified collectivist ideology – An ideological monopoly.
As Klaus Schwab states:
“The most important characteristic of the stakeholder model today is that the stakes of our system are now more clearly global. Economies, societies, and the environment are more closely linked to each other now than 50 years ago. The model we present here is therefore fundamentally global in nature, and the two primary stakeholders are as well.
…What was once seen as externalities in national economic policy making and individual corporate decision making will now need to be incorporated or internalized in the operations of every government, company, community, and individual. The planet is thus the center of the global economic system, and its health should be optimized in the decisions made by all other stakeholders.”
The SHC concept is deceptive on its very face because it pretends as if corporations will be held accountable by the public within some form of “business democracy,” as if the public will have a vote on what the corporations do. In reality, it will be corporations telling the public what is acceptable to think and do and corporations in conjunction with governments using their power to punish people who do not agree.
The great magic trick is that these same unified corporations use the shield of “private property” and business rights as a means to control society without repercussions. After all, a primary principle of conservatism and the US constitution is private property rights. So, stepping in to disrupt corporate governance would be violating one of our own beloved ideals. It sounds like a Catch-22, but it’s really not.
As mentioned above, corporations are at their very core a socialist concept: They are created through government charter, handed legal personhood and given special protections from government. They are NOT free market entities, and Adam Smith, the originator of most free market ideals, stood against corporations as destructive and prone to monopoly.
As long as they receive protections from government including monetary stimulus and bailouts, corporations should not enjoy the same private property protections as regular businesses do. They are parasitic creations, alien to the natural business world. In a freedom-based society they would be dismantled to prevent authoritarian outcomes.
Stakeholder Capitalism is also an incredibly arrogant premise because it assumes that corporate leaders have the wisdom or objective intelligence to expand their role beyond business and into social and political spheres. This has already happened in many respects with much chaos created, but open corporate governance is the end game and it is anything but objective or benevolent.
What are some examples of this kind of corporate/political governance (fascism) in action?
How about Big Tech social media censorship leaning HEAVILY against conservatives and liberty activists? How about evidence of collusion between Big Tech companies and government, such as the Biden Administration and the DHS working closely with Twitter and Facebook to actively remove voices and viewpoints they don’t like? How about corporate leaders colluding to destroy conservative based social media competitors like Parler?
How about ESG loans funded by corporate backers such as Blackrock or globalist non-profits like the Rockefeller Foundation?
If all corporate lenders applied ESG to their loan practices, all individuals and businesses would have to adopt leftist social ideologies and dubious environmental claims in order to have access to credit. ESG is a monetary incentive created by corporate elites to keep all other businesses in line. If it continues, ESG could wipe out political opposition to globalism in the span of a single generation.
And, what about the Council For Inclusive Capitalism? This is the most blatant expression of open global fascism I have ever seen, with money elites and politicians working in concert with the UN and even religious leaders like Pope Francis. Their goal is to institute a single centralized world governing platform built around the same agendas outlined in ESG and SHC, making corporations members of a new global council which they refer to as “The Guardians.” They aren’t even trying to hide the conspiracy anymore, it’s right out in the open.
Klaus Schwab takes special care to mention often that global crisis events are the “opportunity” that is needed to push the public into the arms of Stakeholder Capitalism through a nexus point called “The Great Reset.” Meaning, he thinks that widespread fear and desperation must exist (or be engineered) to perpetuate the SHC framework quickly.
Obviously, the globalists are on a shrinking timeline, though it’s hard to say why. They are tearing off the mask faster in the past two years than they have in the previous decade. More than likely they understand to some degree that if they go too slow the public will have time to mount a defense against them.
They will conjure all kinds of distractions and scapegoats to prevent liberty minded people from hitting them back. They’ll aim us at Russia, they’ll aim us at China, they’ll aim us at useful idiots among the leftists. They’ll aim Russia, China and the leftists at us. They will try to send us to war, they will call us insurrectionists, they will call us terrorists, they will say we started the whole collapse and that we are to blame for the world’s ills. None of this matters. What matters is that the globalists at the top pay the price for the harm they cause.
When the head of the snake is removed, only then can we sort out who is to blame; who were the heroes, who were the villains, and who were the idiots. Only then can we rebuild with true freedom in mind.
By Kenneth Richard on 7. November 2022
Annual carbon dioxide (CO2) and methane (CH4) change rates lag behind changes in sea ice extent by 7 months and 5 months, respectively. This robust correlation is consistent with the conclusion that CO2 (and CH4) changes are responsive to temperature, not the other way around.
It is commonly believed that the annual “squiggle” of the Mauna Loa CO2 cycle variations are driven by hemispheric seasonal contrasts in terrestrial photosynthesis.
But scientists (Hambler and Henderson, 2022) instead find it is variation high latitude temperatures affecting sea ice extent changes that dominate as drivers of the CO2 (and methane) annual fluxes, not photosynthesis.
They affirm temperature (T) changes lead CO2 change rates by about 7-10 months, suggesting the causality direction is T→CO2, and not CO2→T.
Temperature also drives sea ice peak melt vs. accumulation rates. This cause-effect directionality can also be clearly seen in analyses of sea ice flux vs. annual CO2 rate changes.