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Sunday Talks, SF Fed Chair Sees Half of Inflation Driven by Excess Demand of Some Unknown Something

The great pretending continues.  During a Sunday talk show appearance, San Francisco Fed Chair Mary Daley states, “what I see is supply and demand are just unbalanced. About 50% by my own staff’s estimates of the excess inflation we see is related to demand. The other 50% to supply.”  Note, she is not talking about energy.

Margaret Brennan, maintaining her position as the professional CBS narrative engineer, never thinks to ask: (a) where is this demand you speak of, and what exactly are they demanding? and/or (b) What is this 50% inflation on the supply side connected to?  Obviously, an actual probing of inflation wasn’t in the script. The great pretending continues.  [Transcript Here]

CTH has stated without reservation that August’s inflation report will show a significant –albeit temporary– drop in inflation as measured by the govt.  The drop in gasoline prices throughout July (created by a drop in demand) will allow the fiscal and monetary policy makers to falsely claim overall inflation peaked. However, after a brief respite the inflation now growing in the ground (massive increases in farm costs), will then launch into the food supply chain.  This delayed food inflation will overtake the energy inflation in the latter part of this year.  WATCH:

[Transcript] – MARGARET BRENNAN: We turn now to the state of the economy and the president of the San Francisco Federal Reserve Bank, Mary Daly. Good morning to you.

FEDERAL RESERVE BANK OF SAN FRANCISCO PRESIDENT MARY DALY: Good morning.

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Sunday Talks, After Losing His Primary, Pete Meijer Goes Full Kinzinger

After exhibiting a congressional perspective in line with democrats, and then voting to authorize the J6 committee along with President Trump’s impeachment, Michigan representative Pete Meijer lost his primary reelection bid to John Gibbs.

The CBS crew quickly contacted Meijer to provide him the opportunity to belittle the base of the republican party that rejected him from office.  Silver spooner Pete Meijer was more than happy to accommodate the request and appears with Margaret Brennan. [Transcript Link] – WATCH:

[Transcript] – MARGARET BRENNAN: Michigan Congressman Peter Meijer is one of 10 House Republicans who voted to impeach former President Trump following the attack on the Capitol. Last Tuesday, he lost his primary race against a Trump-endorsed challenger. Congressman Meijer is with us this morning from Grand Rapids, Michigan. Good morning to Congressman. The person who won that primary is an election denier named John Gibbs, and he is backed by former President Trump. Why do you think Michigan Republicans favored him?

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August 7th – 2022 Presidential Politics – Resistance Day 565

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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Sunday August 7th – 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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A Curious Case of Transferred Battery Technology

Every once in a while, you come across an article that seems like one thing but is actually another thing entirely.  The NPR story of how “The U.S. made a breakthrough battery discovery — then gave the technology to China“, is one such article.

Several people sent this to us for opinion and review; however, the background of the article reveals something quite different. Then again, perhaps that’s exactly why NPR wrote it.

[READ THE STORY HERE]

It is important to read the story as presented by NPR, because it is oddly written as if someone is trying to use the outlet to get out ahead of something else.

The issue surrounds a new product technology called a vanadium redox flow battery.  Essentially the U.S. government funded scientists to develop an advanced battery that could store energy without degrading.  After success, the technology was then sent to China for manufacturing.  China then invested heavily in the product and used the technology to mass manufacture the battery for the global market. The United States is now behind in the product development and manufacture.

As the story is told in NPR, “the Chinese company didn’t steal this technology. It was given to them — by the U.S. Department of Energy. First in 2017, as part of a sublicense, and later, in 2021, as part of a license transfer.”  Except that’s not what happened at all.  There is some major ‘ass-covering’ in that false narrative.

The lead scientist working on the vanadium redox flow battery project was a man named Gary Yang.  Mr. Yang was born in China and emigrated to the U.S. becoming a U.S. citizen.  Yang worked with U.S. scientists to develop the technology and was funded by a multi-million research grant from the Dept of Energy.

After their initial success, according to NPR, “in 2012, Yang applied to the Department of Energy for a license to manufacture and sell the batteries.”  The Dept of Energy license was granted, and Yang launched UniEnergy Technologies as the parent company to develop the commercial application of the product.

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President Trump Keynote Address CPAC 2022 – 6:30pm Livestream

President Trump will be delivering the final keynote address to the CPAC audience in Dallas, Texas today.  The anticipated start time is 6:30pm ET.

Livestream below {Direct Rumble Link}:

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Report, Joe Biden Likely to Extend National COVID Emergency Declaration – To Facilitate Mail-in Ballots and Harvesting?

Politico is reporting on the likelihood that Joe Biden is preparing to extend the national COVID-19 state of emergency through the 2022 midterm elections.

The debate, as outlined in just about every media narrative surrounding renewals of a national COVID emergency, is obtusely presented as if the primary political concern is public health.

Again, everyone must pretend not to know the true motive of the “emergency” is extending unilateral executive power and all of the control mechanisms therein. One mechanism would include the use of ‘Mail-in election ballots‘, which has absolutely nothing to do with public health.

The article appears to be somewhat testing the proverbial public winds.

WASHINGTON – The Biden administration is expected to extend the Covid-19 public health emergency once again, ensuring that federal measures expanding access to health coverage, vaccines and treatments remain in place beyond the midterm elections, three people with knowledge of the matter told POLITICO.

The planned renewal follows extensive deliberations among Biden officials over the future of the emergency declaration, including some who questioned whether it was time to let the designation lapse.

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Steve Bannon CPAC Speech, Confronting Marxism and Deconstructing the Administrative State

Steve Bannon gives a keynote address to the audience at the CPAC convention in Dallas, Texas.  During the beginning of his remarks, Bannon and the audience salute Arizona Republican gubernatorial candidate Kari Lake for her ferocity standing fearlessly in front of the firestorm and winning the primary contest.

Later in his unscripted remarks, around the 09:00 mark, Bannon begins discussing the Fourth Branch of Government.  WATCH:

https://youtu.be/38GXbu_IsE8

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August 6th – 2022 Presidential Politics – Resistance Day 564

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…)

Saturday August 6th – 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 †

(more…)