Let’s say you are an average household with an income around $100,000/yr who has an increase in electricity rates from $300 to $500 due to Joe Biden’s new national energy policy known as the Green New Deal.  That’s $200 more per month for this initial economic/energy “transition” moment.

That extra $200/month equates to $2,400 per year.

That $2,400 per year is static economic activity.  Meaning nothing additional was created, and nothing additional was generated.  The captured $2,400 is simply an increase in the price of a preexisting expense.

Take that expense and expand it to your community of 100 friends and family households.  The $2,400 now becomes $240,000 in cost that doesn’t generate anything.  $240,000 is removed from the community economy.  $240,000 is no longer available for purchasing other goods or services within this community of 100 households.

The economic purchasing power of the 100-household community is reduced by $240,000 per year.

Take that expense and expand it to your county of 10,000 households.  Now you are reducing the county economic activity by $24 million.  In this county of 10,000 households, $24 million in economic transactions have been wiped out.  Meals at restaurants, purchases of goods and services, or any other spending of the $24 million within the county of 10,000 households (approximately 25,000 residents) has been lost.

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During an appearance on Tucker Carlson’s television show, former house intel staff and Trump aide Kash Patel confirms the documents targeted by the DOJ/FBI raid on Trump’s home were documents of evidence showing DOJ/FBI political corruption in the Trump-Russia probe.

President Trump declassified documents that show how the institutions within the U.S. government targeted him.  However, the institutions that illegally targeted President Trump are now the same institutions seeking control of the specific evidence of their unlawful targeting.  WATCH:

An FBI raid cannot be predicated on a document conflict between the National Archives and a former president.

The DOJ-NSD warrant, and the subsequent raid on Mar-a-Lago could only be predicated and justified on records the U.S. government deems “classified” and material vital to national security interests.  That’s the Main Justice cover story to retrieve the evidence of their own wrongdoing. Hence, DOJ National Security Division involvement.

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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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On Sunday evening the New York Post reported, “An unforeseen tragedy forced Governor DeSantis to reschedule his trip to New York,” Zeldin spokeswoman Katie Vincentz said, declining to elaborate. “While we’re rescheduling with Governor DeSantis for a later date, tonight’s fundraiser will proceed and is expected to raise almost a million dollars.” (link)

Monday afternoon the New York Post identified the “unforeseen tragedy“:

Florida Gov. Ron DeSantis backed out of a fundraiser for New York gubernatorial candidate Lee Zeldin to attend a Monday memorial service for a member of his security detail who died in the line of duty, sources told The Post.

Florida Department of Law Enforcement Special Agent Jose Perez was responding to a call in an unmarked cruiser on Aug. 2 when he was struck by Javier Sandoval, 35, in Miami.  Perez was rushed to the hospital with serious injuries and died on Aug. 20. […] While unable to attend the evening event, DeSantis was in Deal, New Jersey, earlier in the day at the home of Jay Cayre, head of Midtown Equities, sources told The Post. (link)

Despite Officer Perez passing away eight days earlier, apparently, Governor DeSantis was unaware of the Monday funeral plans when he flew the governor’s jet to New Jersey to meet with billionaire real estate mogul Joseph ‘Jay’ Cayre on Sunday, forcing him to cancel the Zeldin fundraiser a few hours later in New York, or so the story is told.

However, the background looks really bad.  Billionaire Joseph Cayre of Midtown Equities just gave New York Governor Kathy Hochul “more than” $400,000 for her campaign against Lee Zeldin, right before DeSantis showed up. [LINK]

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During his opening monologue tonight, Tucker Carlson becomes the first mainstream pundit to point out the lies in the central bank argument.

The federal reserve and EU central banks claim they are raising interest rates to stop inflation by slowing demand.  A demand side approach.  However, it isn’t demand driving inflation; it’s the cost of energy driving inflation. That’s a supply side issue.

The central banks cannot admit what they are doing, or people would catch on.  They are intentionally reducing economic activity in order to support having scarce energy production. WATCH:

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Kamala Harris was asked today about who will be paying for the massive student loan forgiveness and bailout program.  She never answered the question but chuckled her way through a social justice and equity response, or something…. WATCH:

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According to the Washington Times, and further confirmed by John Solomon via contact with Chuck Grassley, the lead FBI Washington Field Office Special Agent in Charge, Tim Thibault, was removed from his position and reportedly escorted out of FBI headquarters on Friday; although his employment status is unknown.

FBI Special Agent Tim Thibault is one of the people at the center of FBI whistleblower allegations claiming the agent was politically biased and ideologically motivated in his FBI investigative duties.

…”Mr. Thibault was seen exiting the bureau’s elevator last Friday escorted by two or three “headquarters-looking types,” according to eyewitness accounts provided to one of the former officials.”

WASHINGTON – A senior FBI official in the bureau’s Washington field office has abruptly resigned after coming under congressional scrutiny for suspected political bias in handling the investigation of Hunter Biden’s computer laptop.

The Washington Times learned that Timothy Thibault, an assistant special agent in charge, was forced to leave his post according to two former FBI officials familiar with the situation.

Mr. Thibault was seen exiting the bureau’s elevator last Friday escorted by two or three “headquarters-looking types,” according to eyewitness accounts provided to one of the former officials.

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The financial pundits are slowly starting to drop the pretending and discuss the bigger economic picture. However, as they tread very carefully, they are being very cautious about admitting too much.

A Reuters discussion of the comments by Federal Reserve Chairman Jerome Powell, starts to dip the media toe in the painful pool; yet they will not admit the Biden energy program is the source of the inflation Powell is targeting with his policy moves to shrink energy demand. Thus, the pretending continues.

If you take the written words and extract the parseltongue, you can see a more fulsome picture of what is being outlined.

JACKSON HOLE, Wyo., Aug 29 (Reuters) – The message from the world’s top finance chiefs is loud and clear: rampant inflation is here to stay and taming it will take an extraordinary effort, most likely a recession with job losses and shockwaves through emerging markets.

That price is still worth paying, however. Central banks spent decades building their credibility on inflation fighting skills and losing this battle could shake the foundations of modern monetary policy.

In other words, the U.S. economy is based on core U.S. energy systems and moving that construct to alternative energy, windmills, electric vehicles and solar panels; along with getting Americans to accept a lowered standard of living; is an “extraordinary effort.”

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As the global cleaving begins taking shape based on the new western energy system, the Build Back Better agenda, Russian energy exports are worth a lot more money.  As a result, the Russian economy has gained more wealth than before the western sanctions regime was triggered.  As noted by the Wall Street Journal:

(Via WSJ) – […] Demand from some of the world’s largest economies has given Russian President Vladimir Putin the upper hand in the energy battle that shadows the war in Ukraine, and has confounded the West’s bid to cripple Russia’s economy with sanctions.

Sales are booming in Russia’s export market, the world’s largest in crude and refined fuels. And new trade arrangements have given Mr. Putin cover to use natural gas exports as an economic weapon against Ukraine’s European allies. Before the war, Russia supplied Europe with 40% of its gas. It has since throttled flows through the Nord Stream pipeline to Germany and other conduits, driving prices higher and putting pressure on European households and businesses.

Oil revenue more than makes up the difference. “Russia is swimming in cash,” said Elina Ribakova, deputy chief economist at the Institute of International Finance. Moscow earned $97 billion from oil and gas sales through July this year, about $74 billion of that from oil, she said.

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