Joe Biden has asked congress for two supplemental spending packages, $33 billion for the Ukraine/NATO money laundering operation (supported by both wings of the DC UniParty), and an additional $22 billion to deal with COVID, ie the money DC will use to send to states for another round of mail-in ballots for the November mid-terms.

Hillary Clinton’s former Vice-Presidential running mate, Virginia Senator Tim Kaine, appeared on CBS Face the Nation to discuss.  As noted by Senator Kaine, the Senate will happily authorize the $33 billion for Ukraine; however, the COVID spending bill will more likely run into resistance from the Republicans in the Senate who want to extract some of their own Wall Street priorities.

The forward-looking solution, as it appears from the Kaine perspective, is for Mitch McConnell and Chuck Schumer to work out a deal where both spending packages are bundled. This approach gives cover to the DeceptiCon wing of the republicans to support the COVID mail-in ballot funding scheme, in order to keep their UniParty proxy war in Ukraine fully funded.  WATCH:

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It’s not exactly a confidence builder when the Director of the International Monetary Fund answers the question about forward priorities by saying, “Perhaps we need to pay attention to the law of unintended consequences.”  You had one job Kristalina, one job.

During an International Monetary Fund (IMF) spring debate and discussion segment, IMF Managing Director Kristalina Georgieva, outlined her perspective against the backdrop of massive inflation caused by the global financial institutions telling government to spend money and they will print it, during COVID.  [The video is prompted to 01:04:50] WATCH:

The discussion included EU Central Bank President Lagarde, US Fed Chair Powell, Indonesian Finance Minister Mulvani – when IMF Director Kristalina Georgieva admitted they channeled their COVID fear and emotions by unsustainably printing money without pausing to think through the consequences.

Now, the world is facing massive inflation, economic contraction, looming hunger, widespread famine and a pending global financial collapse.

Their response? “Whoops.”

Not to worry, they’ll have a little wine and chocolate and figure things out.  Swear.

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Ukrainian President Volodymyr Zelenskyy told the International Monetary Fund today he needs $7 billion per month in global subsidy in order to supplement the economic losses currently being incurred.

(VIA CNN) – “Ukrainian President Volodymyr Zelensky said on Thursday that Ukraine needs $7 billion per month in financial assistance to make up for the economic losses from the war. 

In a virtual address to a World Bank forum, Zelenksy also said that it would take “hundreds of billions of dollars” to rebuild his country later. 

He said every country must be prepared to break all relations with Russia and that Moscow should “immediately” be excluded from all international financial institutions including the IMF and the World Bank.” (link)

Plus, “10% for the big guy”.

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It is difficult to imagine how the Biden administration can possibly spin the economic reality of increasing, unavoidable inflation making the economy weaker over the next year.  However, somehow, they will try.

The AP is reporting that 68% of Americans now say the economy overall is their number one concern.  Meanwhile, the federal reserve of New York is reporting the inflation results from December are likely to be the same, if not higher, than the inflation results in November.

The Biden administration has continued to push additional federal spending under the auspices of Build Back Better as the bridge to offset the impact from their Green New Deal energy policies.  In fact, if you look at how the massive spending effort has been shaped, it becomes clear the overall goal is to push a new energy policy and then hide the impact by using COVID as the cover for the subsidies to try and offset the impacts.

It is a sneaky program when reviewed in totality.  Shut down oil and natural gas production, cancel leases, block pipelines and use the regulatory arm to shut down any additional growth in the oil and gas industry, including refinery capacity.  Then, try to hide the consequences by subsidizing the core constituencies who would normally be immediately impacted.

Unfortunately for the Biden architects, no amount of legislative spending is going to be able to offset the massive economic impact of implementing the Green New Deal by executive order, regulatory changes and administrative policy.  The American people are not blind to consequences, and when they start to look deeper into the causes of this inflation, what they discover is easy to see.

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Many people have wondered how the Biden administration could implement massive economic policies against the interests of their own constituents.  The answer to that question is hidden inside the COVID relief bills, which are used as a method to pay the expenses of his policies so that targeted Democrat groups in urban regions do not have to pay for the policy.

One example of this policy and urban dependency scheme is found in the Low Income Home Energy Assistance Program (LIHEAP).

The “American Rescue Plan”, the mechanism to use taxpayer monies as redistributive subsidies to special interests under the guise of COVID bailouts and relief, contained $8 billion in funding to pay for the electricity and home heating costs of low income families.

WHITE HOUSE – […] In 2021, the Biden-Harris Administration and Congressional Democrats delivered $8 billion in LIHEAP funding nationally, more than doubling typical annual appropriations, thanks to an additional $4.5 billion provided by the American Rescue Plan. These funds represent the largest appropriation in a single year since the program was established in 1981. (more)

In essence, what this scheme allows is the Biden administration to trigger ‘Green New Deal‘ energy policies that drive massive increases in the cost of electricity, home heating, and energy use for the middle class and working class families, and yet the federal government pays those costs for the constituents they need to keep voting for them.  Lower income families do not feel the energy policy burden, but middle class families are punished.

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Among other things annoying about their collective nonsense, the communist Democrats are linguistic agitators. While known for their insufferable victimhood positions in all of their arguments, this latest example highlights just how insane and ridiculous this AOC tribe has become.

Originally, they moved from “silence is violence“, to speech they didn’t like hearing about being called violence.  Indeed, anything the leftists do not like, they find some way to equate it with violence against them.  At a certain point it all becomes silly, and the frustrated audience tells them to shut up, and stop being stupid.

However, not going to be denied the opportunity to spread the moonbat nonsense, a member of the AOC squad, Ms. Ayanna Pressley, now rises to say that if American taxpayers do not forgive the mountain of student debt (created by attending college to learn how to be a better communist), then taxpayers are being violent against her:

Anger is a very visible response from the leftists whenever their policies are rejected.  The modern political left does not view rejection as a rebuke of their ideology, instead they view rejection as a need to push harder.

From the generation of new communists, insanely narcissistic people created by parents who were jaw-droppingly coddling and overindulgent, they need to reeducate their target.  They need you to change your thinking and perspectives from incorrect thoughts they don’t agree with to correct thoughts that align with their selfish worldview.  To achieve this outcome, the only acceptable path is to push their insanity even harder.

They have learned from their emotional experiences as children that eventually every parent will relent.  There is now an entire generation who apply that experience toward their bosses, their colleagues and every interaction in their life.   Yes, if you put anyone from this generation into a position of power or influence, what you get is exactly what Pressley and the AOC tribe are doing.  Their worldview is based on a cognitive and emotional inability to contemplate their ideology is flawed.

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Representative Marjorie Taylor Greene (GA – CD14) appears on Steve Bannon’s War Room to outline the issues with the Senate infrastructure bill.  MTG is the first House republican who has directly confronted Mitch McConnell’s 19 DeceptiCon members.

As MTG notes, she will personally campaign to primary any House republican who votes to support the infrastructure bill.  {Direct Rumble link} First segment Video:

SASSPAC.COM Link

Segment #2 is below:

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In April of this year the federal reserve announced they will support the economic agenda of the Biden administration by allowing rapid inflation. The FED was trying to provide cover for JoeBama’s economic plan. The era when the FED could impact inflation is long past. However, the Joe Biden policy impact will be clear, immediate and concise. The U.S. middle-class and blue-collar worker are about to be crushed under rising prices for consumable products.

Increases in inflation hit the working class (Main St) much harder than the investment class (Wall St) and financial elites. Factually the multinationals benefit from U.S. inflation as it puts pressure on domestic companies to ship their manufacturing overseas. Wall Street likes that. This dynamic has been an issue not-discussed by the financial media for decades. First, the Reuters article (when you see “commodity prices” think about the term “consumables”):

REUTERS – The U.S. Federal Reserve has signaled it will tolerate faster inflation for a time to cement the post-pandemic recovery and boost employment, but the side effect is likely to be a faster rise in commodity prices.

[…] After its latest meeting on Wednesday, the Federal Open Market Committee confirmed it will seek to achieve the *twin objectives of maximum employment and inflation at the rate of 2% over the longer run.

[*NOTE: in the new era of global economics these two are mutually exclusive. The FED is intentionally ignoring this point.]

[…] The committee noted price rises have been running persistently below target, so it aims to achieve inflation moderately above 2% for some time to make up the shortfall and anchor expectations at around the 2% level.

[…] The plan is to run the economy hot to achieve faster job gains, especially among disadvantaged groups that are marginally attached to the labour force, before shifting back to inflation control later in the cycle.

But the resulting pressure on global supply chains while the Fed pursues employment increases is likely to generate significantly quicker price rises for raw materials and a range of manufactured items. (read more)

This perspective is fundamentally false and based on assumptions that are decades old economic arguments. The reality of what will happen is exactly the opposite on the employment front.

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This obtuse explanation from Treasury Secretary Janet Yellen about the April jobs report is one for the record books.  According to Yellen, the government handing people more free money than they would achieve with a working job is not a disincentive for employment.

To prove her case she cites the hospitality industry hiring people in April.  However, what Yellen doesn’t figure into her bizarro logic is that all sectors in all states are not created equal.  Yes, the statistics of “sector analysis” apply across the entire nation; however, the underlying economic activity is not equally distributed.

Blue states are more economically closed than red states. The job gains are in the states where the economic activity is strongest and the incentives for workers are the biggest.   The lack of people working is disproportionately happening in the blue states where dependency models are strongest. WATCH this nonsense:

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These bureaucrats don’t have a lick of common sense.  According to Secretary Yellen’s logic, there are times when water is not lacking dryness.

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U.S District Judge Dabney Friedrich has ruled the CDC has exceeded its authority with the federal ban on evictions during the COVID response. [pdf ruling HERE]

The issue at the heart of the matter is one of private property rights.  As the judge stated: “The question for the Court is a narrow one – “Does the Public Health Service Act grant the CDC the legal authority to impose a nationwide eviction moratorium? It does not.”

(WASHINGTON) – Federal Judge Dabney Friedrich struck down on Wednesday the national eviction moratorium, potentially leaving millions of Americans at risk of losing their homes.

The Centers for Disease Control and Prevention has banned most evictions across the country since September. President Joe Biden extended that protection to renters until July. Some 1 in 5 renters across the U.S. are behind on their payments amid the pandemic, and states are scrambling to disburse more than $45 billion in rental assistance. (read more)

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