With most financial media being intentionally obtuse with the Biden economic impact upon Main Street, it is refreshing to see analysis that cuts to the heart of the matter.  HatTip to ZeroHedge who provides a link to a great article outlining reality for blue and white-collar working families.

The folks at NerdWallet have taken the inflation date from the Bureau of Labor and Statistics (BLS) and applied the math to real life.  The result is a good encapsulation of checkbook economics and how the Biden economy is painful for the working class.

In total, Joe Biden’s energy policy driven inflation has added $961/month to preexisting expenses.  That’s $11,532 a year just to retain the status quo standard of living.

(NerdWallet) – […] In all of 2020, American households spent $61,300, on average. This number includes everything we spend our money on: housing, food, entertainment, clothing, transportation and everything else. In 2022, it stands to reach $72,900, a difference of more than $11,500 if consumers want to maintain the same standard of living. Keep in mind, this is an average, a number that represents an approximation across all Americans, but one that’s exact to a very few. Those who earn (and therefore spend) more will see more dramatic dollar increases. Those who earn less may see less dramatic dollar jumps, but the impact of these rising prices could be more significantly felt. (read more)

If the average household spent $61,300 and inflation is adding $11,500 to the expense, that means we now have to spend 18.7% more just to maintain the current standard of living.  That average is in line with what we are seeing in the real world.

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A California judge is allowing a black entertainment group led by Byron Allen to continue their lawsuit against McDonalds for not spending enough money advertising with the network.   The lawsuit alleges that McDonalds does not give enough of their advertising budget to black entertainment, therefore McDonalds is racist.

Byron Allen is suing McDonalds for $10 billion, demanding reparations from the fast-food chain for not spending enough advertising with his company.

There’s gold underneath those arches.  On its face this looks like the extortion business model of Al Sharpton dressed up in corporate media suits.  It will be interesting to watch how this unfolds.

Sept 20 (Reuters) – McDonald’s Corp has been ordered by a U.S. judge to defend against media entrepreneur Byron Allen’s $10 billion lawsuit accusing the fast-food chain of “racial stereotyping” by not advertising with Black-owned media.

In a decision on Friday, U.S. District Judge Fernando Olguin in Los Angeles said Allen could try to prove that McDonald’s violated federal and California civil rights laws by deeming his networks ineligible for the “vast majority” of its advertising dollars.

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In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the JoeBama Administration and Presidency.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”

“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”

~ Mike Vanderboegh

This thread will refresh daily and appear above the Open Discussion Thread.

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Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the JoeBama Administration and Presidency.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”

“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”

~ Mike Vanderboegh

This thread will refresh daily and appear above the Open Discussion Thread.

(more…)

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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Representative Jim Jordan appeared on Tucker Carlson’s evening broadcast to outline the claims by a DC Bureau FBI whistleblower.  {Direct Rumble Link} In his framing of the statements from the FBI insider, Jordan states the FBI are intentionally diverting resources to investigate claims surrounding the J6 narrative in an effort to give the appearance of a national domestic extremist threat.  WATCH:

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The creation of a national narrative to inflate the appearance of Domestic Violent Extremists, would fall directly in line with the prior examples of the FBI politicizing their agency.

In semi-related news, Joe Biden quietly extended the 9/11/01 National Terrorism Emergency today. {LINK HERE} For 21 years the 2001 National Terrorism Emergency has been continued as a tool for the Dept of Homeland Security, through the FBI, to use powers not granted by congress.   Yes, twenty-one-years of continuous extensions.

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Joe Biden’s economic policies, mainly driven by excessive spending and the Green New Deal climate change agenda, are the origins of massive inflation.

In an attempt to diminish the outcomes of his energy policy, the Biden administration has been releasing oil from the Strategic Petroleum Reserve, in an effort to curb gasoline prices.  However, that process is about to end as the SPR is becoming dangerously low and will need to be replaced (more spending).

When asked about the current status of inflation during a CBS interview, Biden responds by saying it could be worse, citing the last two months where the SPR spigot has been running at maximum release.  WATCH (48 seconds):

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An unusual article in The Intercept is noted with the following headline: “House Republicans Planning to Investigate The Chamber of Commerce if They Take Majority.”  The article is framed around the statements of an unnamed congressman, who appears –from the sourcing inference– to come from the House Judiciary Committee.

If you have followed the deep political weeds, you know the CoC is the anti-MAGA element within the America-First economic battle.  However, it is also true the CoC and the Washington DC UniParty members they feed with lobbying dollars are peas and carrots, this includes the entire republican establishment apparatus.

The republican party investigating the CoC is never going to happen.  It would be a move akin to Adam Schiff investigating the origin of Barack Obama’s birth certificate.

The CoC is not only an organization made up of lobbyists for Wall Street, but the members within it are also the close personal friends of just about every influential GOP politician.

The framework for the investigation, as written in the article, surrounds the leftist Environmental Social Governance (ESG) outlook of the U.S. Chamber of Commerce, which is factually accurate.  The CoC is indeed an organization that is ‘all-in’ to position themselves for the benefits of climate change in the corporate sphere.  If there is money to be made from ESG economics, the CoC is the lobbying firm shaping legislation toward that benefit.

However, the CoC is too entrenched with republican party apparatus to ever have their agenda challenged by the “republican” politicians in DC.  So, what exactly is going on here?  A MAGA-minded republican within the House Judiciary Committee wants to investigate the CoC?

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“Seek first to understand, then to be understood”

1.) First, please READ THIS ENTIRELY – and the full text of any discussion you wish to participate in.

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The Treehouse operates on the ‘old school’ standards and practices of civil discourse amid the original blogging community, long before social media took over.

3.) PLEASE NARROW YOUR THOUGHTS – Quality beats quantity. Please construct your comments to target specific areas and not broad generalizations about the discussion topic at hand. If you have four or five disconnected points, break them up into individual comments; that allows people to respond to the specifics.

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