JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon warned of a “hurricane” as the economy struggles against fiscally induced growth, quantitative tightening and Russia’s invasion of Ukraine. Mr Dimon was delivering remarks at a conference sponsored by Alliance Bernstein Holdings Wednesday.

Higher oil prices, higher fuel prices, higher energy prices and much higher food prices are all looming over the horizon as the Biden administration switches the baseline for the U.S economy from oil and gas to the Green New Deal energy program. Things are going to get worse, the question is, how much worse? WATCH:

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You do not need anyone to affirm that Main Street is in trouble, you can see it all around you.  Inflation is crushing blue-collar and white-collar workers as prices continue to rise on essential goods. Consumer spending is now prioritized around the higher cost of housing, energy, gasoline and food.  Family earnings are spent before the paychecks arrive for most Main St workers, and now we are starting to see the alarming result economic contraction, beginning with small businesses.

That’s the message within the ADP private sector payroll report released today [DATA HERE], which shows a contraction in small business employment.  Economists were looking for private payroll increases in the 300,00 range; but the result was far lower at 128,000.   Small businesses lost 91,000 jobs in May.  Main Street is in trouble.

WASHINGTON, June 2 (Reuters) – U.S. private payrolls increased far less than expected in May, which would suggest demand for labor was starting to slow amid higher interest rates and tightening financial conditions, though job openings remain extremely high.

Private payrolls rose by 128,000 jobs last month, the ADP National Employment Report showed on Thursday. Data for April was revised down to show 202,000 jobs added instead of the initially reported 247,000. Economists polled by Reuters had forecast private payrolls increasing by 300,000 jobs. (read more)

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Michael Avenatti, a man of exceptionally low moral character and failed integrity, who was also the mainstream media’s one-time all-star favorite liar, was convicted of fraud and theft from his former Client Stormy Daniels.  Today he was sentenced.

Avenatti is currently serving a 30-month prison sentence for corporate extortion of Nike and was just sentenced to an additional four years in prison for wire fraud and identity theft in the Stormy Daniel Case.

(Via CNN) – Disgraced attorney Michael Avenatti was sentenced to four years in prison for stealing nearly $300,000 from his former client, adult film actress Stormy Daniels.

District Judge Jesse Furman said Avenatti’s conduct was “so brazen and egregious” adding, he “took advantage of a vulnerable victim given her unorthodox career and somewhat unorthodox beliefs.”

Avenatti was convicted in February of one count of wire fraud and one count of aggravated identity theft. He faced as much as 20 years on the wire fraud charge and a mandatory two-year sentence for aggravated identity theft.

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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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You did not need to be a deep-thinking political follower to have seen the DeceptiCon seeds being dropped throughout Georgia in the past several weeks.  The basic narrative as engineered is that a Brian Kemp victory in the republican primary tomorrow proves the waning influence of MAGA Trump in the republican party.

Factually, albeit many subversively, from Ronna McDaniel to Mike Pence, to Mitch McConnell and every establishment republican who wants to see MAGA crushed in 2020 the same way they crushed the Tea Party in 2012, has been leaning heavily into the Georgia race to support incumbent governor Brian Kemp.  In the background of Georgia politics, the democrat operatives have been doing the same.  There is an alignment of interest.

The 2022 play book is similar to post 2010 era, when President Obama and Eric Holder triggered the IRS targeting of Tea Party conservative groups, and the republican old guard, including Mitch McConnell supported the effort.  One might say the modern UniParty in DC became most visible in the years between 2011 and 2014.  That UniParty alignment later became much more visible when the Tea Party 2.0 became MAGA in 2016 and drove the victory of Donald Trump.  The GOPe worked with Democrats to remove Trump as a result.

Now we see the UniParty, the bipartisan -reach across the aisle- professional political class, align again to use the Georgia primary in 2022 as the anti-MAGA launch point.  Their moves are as predictable as sunrise, and the advanced messaging from media transmits like a triggered flare from a tripwire.

CNN points out that a Brian Kemp victory means the era of Donald Trump is dead [SEE HERE].  The New York Times triggers a simultaneous flare from the flanking position.

New York Times – […] Thanks to Mr. Trump’s machinations, Georgia’s elections are once again freighted with outsized import, its primaries having become something of a referendum on the health of the Republican Party — and of American democracy.

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Australia has an eSafety Commissioner named Julie Inman-Grant.  While delivering remarks to the World Economic Forum summit in Davos, Switzerland, she outlined a new on-line era where free speech would need to be “recalibrated,” and the ability to be free from something called “on-line violence.”  WATCH:

https://youtu.be/ydW6wDMQHX8

.

For the past several years we have noted a progressive, totalitarian, shift in speech, specifically a redefinition of the word “violence.”  Speech the leftists do not like, they call violence; and violence the leftists support, they call speech.   As a result, the overlay of a newly recalibrated on-line world for speech and violence would be modified accordingly.

Speech the Big Tech consortium would define as against their views would be considered on-line violence and thus controlled by the governmental guardians of the internet like the eSafety Commissioner.  As you can see in the video below, “violence” now includes their perception of something happening on a metaphysical level. An emotional impact.  They have a spiritual avatar that they feel the drive to defend from the viewpoints of the Others.

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The preparations and proactive moves to establish the global cleaving are being carried out by Wall Street globalists, the World Economic Forum and the various western politicians who align with the objective.  The opinion of the citizens within each nation are irrelevant to the decisions of the leaders.

Fundamentally, the big picture dynamic is to create a global network of allied nations based on one overarching principle, energy and human control through the carbon trading platform.  There are multiple moving puzzle pieces, but one big dynamic. Western government leaders are cleaving the world into two economic systems.

One economic system will be based on traditional energy as the underpinning of the economy.  One system will be based on renewable energy, with climate change agenda as the overarching basis for all of their economic shifts.  Pressure from within traditional alliances like the G7, G20, NATO etc, will create the wedge.  Terms like Build Back Better, Green New Deal, Paris Treaty Accords, and other reference points are part of this cleaving agenda.

Each nation will eventually have to make a decision about which team they will join.  The entry of Finland and Sweden into the NATO alliance is only one part of this dynamic.

WASHINGTON – Senate Majority Leader Charles Schumer (D-N.Y.) and Minority Leader Mitch McConnell (R-Ky.) plan to present a resolution that will press the Biden administration to rush the paperwork for Finland and Sweden to join NATO.

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