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Fed Announces 0.5% Interest Rate Hike as Cycle of Inflation Shows Plateau

As we have often discussed on these pages, inflation would ultimately moderate and plateau not because prices were dropping but rather because of the calendar cycle.

As the economy cycles through a year of large price increases, the current inflation rate cycles through to the period when prices first increased.  This calendar cycle means continued price increases are lower as a percentage and thus the inflation rate appears to modify despite prices continuing to rise. [BLS Report]

This scenario, prices remaining high and continuing to climb – yet lower as a percentage, now provides the justification for the federal reserve to state inflation is moderating.

(Via NBC) – Amid signs that price growth in the U.S. economy is rapidly cooling, the Federal Reserve announced Wednesday it was slowing the pace of its rate-hiking program designed to tackle inflation — but that more hikes were still on the table.

The Federal Open Market Committee said it was increasing its key federal funds rate by 0.5%, after announcing four-straight 0.75% hikes at its most recent meetings. In its Wednesday statement, the Fed said it continues to target an inflation rate of 2% over the long term and would continue to increase the federal funds rate to do so.

“Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures,” the committee said.

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Neil Oliver, It’s Remarkable How Many New Ways the Elite Have Concocted for Us to Die, Justified by Climate Change…

For his weekly monologue today, U.K pundit Neil Oliver looks at the climate change agenda, energy policy, and the constructs of how the new green agenda manifest to create new ways for people to die.

We aren’t allowed the energy available from a century of gas beneath our feet here in Britain – because it’s not Green. But we’re paying top dollar for nine billion cubic litres – twice as much as last year’s order – of gas fracked out of the ground in the US. WATCH:

[Transcript] -Winter arrived last week – and with it a dose of reality. All that talk about wrapping up warm in the house, putting on an extra jumper, hot water bottles, full-size onesies – it’s dangerous nonsense. It might be fine for a while if you’re a healthy adult – but it’s a tragedy in slow motion for babies, young children, the elderly, the sick.

And it’s only the second week in December. It’s a long time until Spring.

Even if layering up and donning a hat were enough to keep a body going, once cold properly gets a grip of a house, it too starts to die in its own way.

The creep of dampness that takes its own toll on house and health alike. Frozen pipes – followed by burst pipes – and not enough plumbers to go round. People who can’t afford to heat their homes are likely struggling with spiking food bills as well.

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Serial Luggage Thief – Vegas Issues Arrest Warrant for Non-Binary Nuclear Waste Official for Stealing Woman’s Clothes

Apparently, Dept of Energy Nuclear Waste official Sam Brinton is facing grand larceny charges from Las Vegas in connection to another luggage theft incident.

Following a previous case in Missouri, it appears non-binary Ms/Mr. Brinton is a serial thief of women’s garments from airports.

(New York Post) – The rainbow atomic symbol T-shirt should have been a clue.

Sam Brinton, the allegedly sticky-fingered Biden administration nuclear official, was captured on security footage making off with a woman’s bag worth more than $3,670 from a Las Vegas airport on July 6, KLAS News reported.

A surveillance snap from Harry Reid International Airport shows a stern-faced Brinton wearing the white T-shirt with the colorful symbol, a black backpack, and black jeans, rolling the suitcase in question through the airport.

The distinctive tee — which Brinton sported in a selfie posted to Instagram that same day — led the Las Vegas Metropolitan Police Department to issue a warrant for Brinton’s arrest on grand larceny charges, according to a detective’s declaration.

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Twitter File Evidence – Former Egyptian President Hosni Mubarak and Donald Trump Have Something in Common…

… Both were targets of the U.S. government’s use of Twitter and social media to manipulate election outcomes.

While current conservative headlines are filled with discussion surrounding revelations of Twitter being used by U.S. government officials to control and manipulate public opinion, it is worthwhile reminding everyone how this process was first triggered – and then look at how the intelligence community applied the lessons to the USA in 2020.

The Obama administration first created the public-private partnership with Twitter and Facebook to support the “Arab Spring” uprising.   As a consequence, Egyptian President Hosni Mubarak was the first elected official to be taken out by former President Obama’s deployment of Twitter as a community activist tool for revolution in 2011. In direct and consequential ways, Egypt was the BETA test for a process that surface a decade later in the United States during the 2020 election.

Using and influencing social media was a tool created by the Obama state department, as noted years ago in Mic.Com:

[…] In countries like Egypt, Tunisia, and Yemen, rising action plans such as protests made up of thousands, have been organized through social media such Facebook and Twitter. “We use Facebook to schedule the protests” an Arab Spring activist from Egypt announced “and [we use] Twitter to coordinate, and YouTube to tell the world.” The role that technology has taken in allowing the distribution of public information such as the kinds stated by the aforementioned activist, had been essential in establishing the democratic movement that has helped guide abused civilians to overthrow their oppressor. (link)

(NationalPulse) The most popular Twitter hashtags in the Arab region in the first three months of this year were “Egypt”, “Jan25”, “Libya”, “Bahrain” and “protest”.

Nearly 9 in 10 Egyptians and Tunisians surveyed in March said they were using Facebook to organise protests or spread awareness about them. All but one of the protests called for on Facebook ended up coming to life on the streets.

These and other findings from the newly released second edition of the Arab Social Media Report by the Dubai School of Government give empirical heft to the conventional wisdom that Facebook and Twitter abetted if not enabled the historic region-wide uprisings of early 2011. (link)

Fast forward to 2020, and those same elements deployed against the Egyptian government were deployed in the United States in a coordinated public-private partnership with Twitter, Facebook and social media.

The U.S. government control over these social media platforms is ultimately what lies at the heart of the latest Twitter Files release.

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December 2nd – 2022 Presidential Politics – Resistance Day 682

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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Friday December 2nd – Open Thread

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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December 1st – 2022 Presidential Politics – Resistance Day 681

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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Thursday December 1st – Open Thread

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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Mike Lindell Discusses More Details and Proposals for His RNC Chairman Bid

Having previously announced his intention to run for Chair of the Republican National Committee, Mike Lindell appears on a podcast with Jenna Ellis to discuss his specific proposals to reform the RNC and create a more effective election organization. {Direct Rumble Link}

In this interview Mr. Lindell discusses what he would do differently and the shakeup that he sees needed in order to realign the priority of the RNC. WATCH:

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Cleaving Beginning? – Climate Change Policy Makes Europe Too Expensive for Low-Cost EV Manufacturing

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:

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