Charity Begins at Home – Kamala Harris Demands Global Leaders Feed the World While Biden Drives Inflation Causing Massive Food Poverty in U.S.


Posted originally on the conservative tree house November 11, 2021 | Sundance | 220 Comments

This article is written as both a representative disconnect of the current administration, and also as a direct warning to readers of a never before seen increase in U.S. food prices.  As grandma always said: “charity begins at home.”

Earlier today in Paris, France, Kamala Harris waxed as philosophically as she could about the inequities around the globe.  Specifically, she proclaimed that world leaders have no excuse for some unknown “we” creating enough food to “feed the entire world” while children are hungry.

The words written for Harris to recite may sound good to an audience who values their own virtue through hollow soundbites and empty phrases; however, there is a very stark and concerning disconnect specifically when it comes to U.S. leadership making these proclamations.  Watch first 30 seconds (prompted):

Why have we allowed so many of the world’s children to go hungry when we know that we produce enough food to feed the entire world. […] We must instead agree that these growing gaps are unacceptable,” Harris proclaims with maximum virtue-signaling emphasis in the effort to raise her approval rating.

Meanwhile, the Biden-Inflation cost of food in the United States is increasingly becoming a problem for working class Americans.  Forget feeding children around the world, we are weeks away from people not being able to feed their own kids, and massive shortages in the stop-gap systems like food banks.

I’m not sure people understand yet exactly how desperate things are going to become, so let me be very specific for an audience of long-term readers who have my track record of accuracy to measure my predictions.   Within the next 120 to 180 days, you are about to see butter cost $8 to 10.00/lb at your local supermarket.  Bread will cost $6.00 a loaf, minimum, and other key staple item food prices, in the first two quarters of 2022, will increase 20 to 30% from where they are right now.

Maybe you don’t have kids at home, maybe you don’t pack lunches or care what the cost of a pound of bologna will be, maybe you are retired and the stove hasn’t been operated all year as you prefer to dine out….  but I can assure you, to a demonstrable certainty, that almost all middle class working Americans will be making decisions on what food products they can afford.   Head lettuce at $4 to $5 each, eggs at $3/doz, milk around $6/gal, butter around $8/lb, and citrus so expensive getting an orange in your Christmas stocking will be a trend again in 2022.

The background conversations in the raw material, processing, manufacturing, wholesaling and food contract networks are enough to make you lose sleep.

[…] Tyson sent a letter to at least two regional distributors last month in which it said that prices on Ball Park, Hillshire Farm, Jimmy Dean, State Fair and all deli meats will increase by a range of 5% to 10.2% beginning Jan. 2 for “all retail customers.” … “We continue to face accelerating levels of extraordinary inflation,” Tyson said in the letter. “The sustained duration and significant impact of the inflation necessitates additional pricing action.” (link)

The traditional net terms at 30, 60 or 90 days are right now a hot topic, as producers and suppliers in the food supply chain can no longer commit to contractual prices for future goods delivered.   The upstream price increases are so large the downstream suppliers will not contract on fixed prices, EVEN for the big box retailers.

Only those who know the scale of Walmart buying office pressure and dominance can appropriately contextualize a current WM supplier telling the behemoth to “go spit” if they don’t like the fact that price guarantees are no longer part of the equation.  Yeah, it is THAT bad.

We are only a few months away from seeing massive inflation that will fundamentally change the way everyone looks at food shopping, or highly consumable purchases, and what the middle class formerly considered to be “luxury” purchases.   Inflation, in the background, is going to come through the supply chain like a thundershock…. and it’s not just food.

This recent insider comment caused me to do some digging, and this is 100% accurate:

“I am an executive in the detergent chemical industry that supplies all of the major pharmaceutical companies, and am in charge of pricing and purchasing of large quantities of raw materials – both commodities, and surfactants, which are the main ingredients in detergents. Here is a brief overview of the situation.

Commodities, such as sodium bicarbonate (baking soda), sodium carbonate (soda ash), and other basic additives that adjust pH, thickness, anti-redeposition, rinseability, and other properties are up around 10-15% on a raw material cost basis from February. Not a single material is unaffected.

Citric acid is up nearly 40-50% when it can be found, at minimum. There is a nationwide allocation, which means that they give material to whom they feel like. One of the major domestic manufacturers of these materials shut down production of citric acids and other acidulants due to maintenance. Many companies in my industry are paying nearly 300% (not a typo – three hundred percent) increases on citric acid.

Domestic primary surfactants, which are made by a handful of companies such as Stepan Company, Solvay, Huntsman, and many more, are up 15-20%, due mainly to oil cost, transportation, etc.

Domestic specialty surfactants, specifically of a class called ethoxylated surfactants, are nearly gone. Not hard to get, not difficult to find – gone. In February, the ice storm took out piping and power lines along the entire gulf coast. The two towns that got hit hardest were Houston, TX, and a little town called St. Charles, LA. St. Charles is where all ethoxylation takes place in the USA for everyone from Dow to Sasol to BASF, and is the key process to make these specialty ethoxylated surfactants. Then, after 4 months of shutdowns, just when everything was getting back into swing, Hurricane Ida wrecked everything all over again.

Dow, one of the largest companies in the world, only restarted production at their facility there in early October.

The crisis of transportation and at the ports is only adding to this crisis of manufacturing in the chemical industry. News to everyone? It was never covered, not even once, on the news.

If truckers are going to be forced to be vaccinated come January, there will be even less trucks than there are now.

The wheels of the world are being purposefully and deliberately ground to a halt. We’d be better off with the mafia back in control of the ports worldwide.

This is going to get so much worse before it gets any better, and the administration in office is doing everything in their power to make sure it is as bad as possible.” (link)

And this on “Industrial Price Increases“:

Meanwhile, Kamala Harris is worried about feeding children of the world, while millions of working class Americans are worried about feeding their own kids?

Infuriating is an understatement.

Please prepare yourselves and your families accordingly.

The proactive window to prepare for what’s coming is approximately 60 days from today; and then options begin to diminish quickly.

This is all being done by design.

Joe Biden Calls Satchel Paige “The Great Negro” – Media Immediately Says Biden Did Not Say What You Saw Him Say


Posted originally on the conservative tree house on November 11, 2021 | Sundance | 249 Comments

Comrades, the ministry of truth does not want you to misunderstand what Joe Biden is saying in these prepared remarks.  Do not believe your eyes and ears, Joe Biden is not saying:

...”You know, I’ve adopted the attitude of the great negro at the time, pitcher in the negro leagues went on to become a great pitcher in the pros, into the, major league baseball after Jackie Robinson, his name was Satchel Paige”..

Joe Biden is NOT saying this, according to U.S. media immediately afterward. WATCH:

Biden’s Build Back Better – Selling Out America


Armstrong Economics Blog/The Hunt for Taxes Re-Posted Nov 11, 2021 by Martin Armstrong

Congress passed the $1.2 trillion infrastructure bill, and then the new American Communist press shifted their focus immediately to the Democratic legislation known as the Build Back Better Act. That bill includes a host of progressive priorities such as paid family and sick leave, public housing, child care, and universal preschool. Add to that $550 billion aimed at fighting climate change. To get this through, they need absolutely every Democratic vote. Once again, they are trying to bribe people for votes. It would be far better to eliminate taxation and stop borrowing from people interest-free and pretending to be Santa Claus by giving back their own money as a refund.

Half that money is for the Gates’ climate change agenda. He has his money safely tucked away in a fake foundation he uses for power-monopoly play. Everyone else will be devastated by the tax increases, but he will be untouched. They will lower the standard of living with all the new regulations and criminal prosecutions on environmental theories.

Google Found Guilty of Violating EU Anti-Trust Laws


Armstrong Economics Blog/BigTech Re-Posted Nov 11, 2021 by Martin Armstrong

Google has been found guilty of violating anti-trust laws by the European Union’s General Court, the second-highest court in the EU. In 2017, Google was accused of violating anti-trust laws by altering its algorithm to favor its shopping services over competitors. Despite maintaining innocence, the EU General Court ruled against the company and implemented a fine of 2.42 billion euros ($2.8 billion).

“The General Court finds that, by favoring its own comparison shopping service on its general results pages through more favorable display and positioning, while relegating the results from competing comparison services in those pages by means of ranking algorithms, Google departed from competition on the merits,” the court stated on Wednesday.

Margrethe Vestager, the EU’s competition chief, and other members are indicating that the crackdown on Big Tech will not end with Google. Google may still appeal to the EU Court of Justice (CJEU), but said they are currently reviewing the details of the case and had made the necessary changes to comply with the EU’s laws in 2017. Google has already paid 8.25 billion euros in the last decade for violating EU competition laws. Apple, Amazon, and Facebook are undergoing similar battles in the EU courts. Big Tech is not above the law, at least not in the EU.

The Rise of the Non-Politician – Resistance is not Futile


Armstrong Economics Blog/Politics Re-Posted Nov 11, 2021 by Martin Armstrong

New Jersey’s state Senate President, Steve Sweeney, spent almost $500,000 on his re-election to be defeated by a Republican who spent less than $10,000 on his campaign. This is a monumental loss for Democrats, for it is showing that the same trend that elected Trump, anti-politicians, is alive and well. A truck driver for a furniture company, Edward Durr Jr., who describes himself as fiscally conservative and a 2nd Amendment rights advocate, beat the best Democrat spending less than $10,000 on his campaign. Looks like money no longer guarantees a victory for politicians. POPULISM strikes back!

Board Members Fleeing the Federal Reserve


Armstrong Economics log/Central Banks Re-Posted Nov 11, 2021 by Martin Armstrong

Federal Reserve members are fleeing the central bank. We saw two Fed presidents resign in October amid scandal. Randal Quarles recently announced that he also plans to resign from the Federal Reserve’s Board of Governors when his four-year term expires at the end of the year. Another position remains vacant as well. A third position for the central bank will open up in January when Vice Chair Richard Clarida’s term expires. Fed Chairman Jerome Powell’s term ends in February, and Biden has not stated whether he plans to renominate Powell. Rumors are swirling that Biden may appoint Lael Brainard as he is the only Democrat on the seven-member board.

Biden could choose to renominate Powell and fill Quarles’ position with Brainard. However, does Powell still want the job? The investigation into potential inside trading among Fed members may have pushed him over the edge. We cannot bring inflation down without reaching maximum employment, and we cannot reach maximum employment under Biden’s authoritarian mandates. The Fed is in between a rock and a hard place.

There is a potential for three to four slots to become available in the near future, which would give the Biden Administration the ability to tip the scales in their favor, despite the Fed claiming to be independent from the government. Sarah Bloom Raskin, a previous Fed governor, could be in the running. William Spriggs, chief economist at the AFL-CIO and an economics professor at Howard University, may also throw his hat in the ring. Lisa Cook, an economist for Michigan State, is also a potential candidate. Senator Sherrod Brown, a Democrat on the Senate Banking Committee that manages Fed nominations, said, “It’s time we had a black woman on the Board of Governors” in reference to Lisa Cook. Would it be possible to appoint the most qualified person rather than making a decision based on race or gender? They likely want to appoint anyone who is on board with the Build Back Better agenda. These people are making decisions that shape the entire world economy. Unfortunately, it seems as if many of the qualified individuals no longer want the job due to Biden’s mismanagement of the economy.

The Health Monopoly


Armstrong Economics Blog/Conspiracy Re-Posted Nov 11, 2021 by Martin Armstrong

Bill Gates will emerge as the richest man in human history, for he has succeeded in creating a health monopoly. The royalties from the never-ending vaccines will propel him to more wealth than Bezos, Musk, Buffett, and the top 10 COMBINED. He then puts his wealth in a foundation that will be exempt from the Billionaire Tax he has supported, which will undermine everyone else in the Billionaire Club.

It looks like the greatest plans of those who dream of controlling the world will not work out as they envision. Gates’ surrogates are putting out reports happily projecting their endless power over the world using this fake crisis. They will destroy the world economy indefinitely. Such medical promoters on the take from Gates’ Foundation may be putting their lives and those of their family at risk. They always project the future in a linear manner for they neither believe in God nor in the cyclical nature of the universe.

Richard E. Nesbett wrote an interesting book entitled “The Geography of ThoughtHow Asians and Westerners Think Differently … and why.” He attributed his work to a Chinese student who said, “You know, the difference between you and me is that I think the world is a circle, and you think it’s a line.” He goes on to quote him:

“The Chinese believe in constant change, but with things always moving back to some prior state. They pay attention to wide range of events; they search for relationships between things; and they think you can’t understand the part without understanding the whole. Westerners live in a simpler, more deterministic world; they focus on salient objects or people instead of the larger picture; and they think they can control events because they know the rules that govern the behavior of objects.”

This is why in Asia, I never had to explain that there were cycles. They looked at the West as primitive locked into this linear view of the world and we can see it in this global warming nonsense. They presume that because the planet warms in 20 years that the trend will last forever. Girls mature and eventually grow too old to produce children and then die for there is a cycle to everything. We all are born, we live, and we die. There is night and day and even the influenza virus mutates cyclically each year, so the vaccine changes. Nothing functions in a straight line yet in the West every form of analysis are linear. There are stock market crashes and they will launch an investigation to try to determine who caused it. Never do they ever consider themselves as any possible cause.

So those who think they are God and can manipulate society because the system is linear void of any nature cyclical nature will discover in 2022 that all things do not always just go up.

Gates is following the script left behind by Rockefeller. Their definition of being a philanthropist is akin to getting some girl pregnant to pay for the abortion, and that makes them a philanthropist. Gates’ monopoly over health is far more dangerous to society than Microsoft or Standard Oil in Rockefeller’s day. Perhaps the 2022 election will cause an upset, and an investigation into Gates and his surrogates will, at last, unfold — including Fauci, who is 80-years-old. Why is he still in government? It is not for a pension. He even had to start withdrawing from a 401K. He is clearly there only for power.

Brothel Offers Free Sex for Getting Vaccinated


Armstrong Economics Blog/Vaccine Re-Posted Nov 10, 2021 by Martin Armstrong

Because there are so many illegal aliens in Europe, they are now offering free sex in return for getting vaccinated. Clearly, our political leaders have been bought and paid for to do this for Big Pharma when there is absolutely no benefit to the vaccine; it neither prevents you from getting it nor spreading it. Israel has already confirmed that the majority of people who have died were vaccinated. It really makes no sense as to why the drastic push.

I learned in high school health class that we cannot cure the flu nor the common cold because these exist in animals as well. This is what Fauci has been creating like Dr. Frankenstein — “gain of function” — meaning taking viruses from animals and manipulating them to infect humans. This is very straightforward. We cannot cure anything that co-exists in animals – PERIOD! Gates has created this worldwide panic to sell his vaccines to make him so rich that he will rule the world. He will end up with more wealth because he will not donate vaccines to the poor. He wants the industrialized countries to pay him and donate them — so much for being a philanthropist.

Flashback, Joe Biden Says He Understands Unchecked Inflation Would Pose a Real Danger to U.S. Economy


Posted originally on the conservative tree house on November 10, 2021 | Sundance | 75 Comments

On Monday July 19, 2021, the White House occupant declared that inflation was temporary and would be “transitional”.  Current economists now refute that claim, as inflation continues to escalate at an alarming pace.   In July Joe Biden said (transcript):

“Now, I want to be clear: My administration understands that if we were to ever experience unchecked inflation over the long term that would pose real challenges to our economy. So while we’re confident that isn’t what we are seeing today, we’re going to remain vigilant about any response that is needed.”

Joe Biden was asked a follow-up question after his remarks:

Q Yes, thank you, Mr. President. At what point would you consider inflation unchecked to a point at which you would either consider taking action or you would want to see the Fed take action?

To wit Joe Biden responded:

THE PRESIDENT: “Yeah. There’s nobody suggesting there’s unchecked inflation on the way — no serious economist. That’s totally different”. (link)

Consumer Inflation in October Doubled From September – 6.2 Percent Inflation Year Over Year – Real Wages Dropped 1.2 Percent For Year


Posted originally on the conservative tree house on November 10, 2021 | Sundance | 239 Comments

Yesterday, data on the wholesale “Producer Prices” was released showing an 8.6 percent increase in prices for final demand products {DATA HERE}.  That is the increase in cost within the system of bringing products to market.

Today, the “Consumer Price” data was released showing a massive 6.2 percent increase in prices {DATA HERE} for goods that are currently available for sale.  The overall rate of inflation is now 6.2% year-over-year.

When you overlay inflation atop wage growth, the Bureau of Labor and Statistics (BLS) report now shows a decrease in “real wages” of 1.6 percent {DATA HERE}, which is the increase in weekly pay minus the additional costs to buy stuff.   The working class is losing ground rapidly.   Things are ugly and they are fixin’ to get uglier.

Before getting to the part where we can explain exactly how much more we can predict to pay for current products in 90 days (yes, that approximation is possible), first lets look at the actual data on the current inflation rate for products we are buying today.  [Table 2] is the easiest reference for category specific review.

Overall, the prices for groceries (food at home) went up 1.1% in October and 5.4% for the year.   However, several products in the supermarket have jumped massively. Beef jumped 1.9% for the month and is 20.1% higher overall.  Bacon went up 2.1% for the month and is now 20.2% higher for the year.  All processed foods increased at a rate about four times higher than fresh unprocessed foods.

Fuel oil went up 12.3% in October and is now 59.1% higher for the year.  Unleaded regular gasoline went up 3.9% in October and is now 51.3% higher for the year. Piped natural gas went up 6.3% for the month and is now 28.1% higher for the year.  Used vehicles are now 26% higher than last year, and new cars went up roughly 10%.  You can scroll down Table-2 to see each category (second and third columns show year and monthly increases).  It’s unnerving to see the scale of inflation while knowing it will get worse.

One kitchen table way to estimate the current inflation that is already in the system but has not shown up in the retail end is to take the wholesale inflation (PPI 8.6%), deduct the current retail inflation (6.2%), and that gives you an estimated aggregate gap of 2.4% between them.  That 2.4% is essentially an inflation lag already in the supply chain at various stages (raw material, intermediate, final).  Bear with me…

The 2.4% difference (8.6 – 6.2) is a lag that will show up in approximately 90 days. The difference between the wholesale inflation and retail/consumer inflation will eventually reach the cash register in higher prices.  The 2.4 difference is also a good way to approximate how high finished processed goods will go.

The difference between the wholesale rate of inflation and retail rate of inflation (as a percentage) is around 28%.  That’s a good generalized way to approximate what the future price will likely be for any given item, call it a widget, in the consumer segment.

• Current widget at $17.00 + 28% gives you an approximate for future widget at $21.76

• Current bread at $4.69 + 28% gives you an approximate for future bread at $6.00

Using this method, you can approximate the upper price likelihood for a heavily processed product.  The more an item needs to be processed, the more hands that touch the product in the processing, the higher the end price will be.  The more an assembly of individual processed parts is needed in order to generate a finished good, the higher the end price will be, etc.  An increase of 28% will be an approximation for the future prices (roughly 90-120 days) of a heavily processed item.

Grocery prices rose 1.1% last month, while the cost of eating out was up 0.8%, the largest monthly gain in 40 years.

MSNBC – Inflation across a broad swath of products that consumers buy every day was even worse than expected in October, hitting its highest point in more than 30 years, the Labor Department reported Wednesday.

The consumer price index, which is a basket of products ranging from gasoline and health care to groceries and rents, rose 6.2% from a year ago, the most since December 1990. That compared with the 5.9% Dow Jones estimate.

On a monthly basis, the CPI increased 0.9% against the 0.6% estimate. (read more)