Quantcast

BLS DATA – Inflation Moderates as Energy Prices Dropped in June

The Bureau of Laor and Statistics (BLS) releases June inflation data [BLS RELEASE HERE].  Overall, the June rate of inflation decreased 0.4%, significantly faster than anticipated as energy prices and gasoline prices dropped.

Consumer demand on non-essential goods and services also contributed to a lowering of overall inflation as consumers continued holding back spending on products [Table 2].  Despite the tentative consumer spending, we should still anticipate significant GDP Growth in the second quarter as the value and volume of exports will push GDP statistics, despite consumer spending contraction.

[Table 1]

To be brutally honest, we are still in a painful cycle created by the Biden influx of illegal aliens, non-productive consumers, that have significantly exploited the U.S. economy.  Until that influx can be removed from domestic consumption, there will remain artificial, inorganic upward pressure on all prices.

Deport more illegal aliens, cancel more H1Bs and other visa exploits, and we should see inflation retract to pre-influx levels as well as a return to upward pressure on wages.  A net gain in domestic economic wealth can happen with significantly stronger efforts toward removals of illegal aliens (economic migrants) who are consuming at a level higher than the economic productivity associated with their existence.

(more…)

South Carolina Governor Henry McMaster Holds Press Conference Announcing Vacancy Appointment

South Carolina Governor Henry McMaster will hold a Statehouse press conference to reflect on the life and service of U.S. Senator Lindsey Graham and announce an appointment to fill the vacancy created by the senator’s passing.  The event is scheduled for 4:00 pm ET with livestream links below.

.

(more…)

Moodys: Without U.S Military Leading Europe, Credit Rating for EU Sovereign Countries Will be Lowered

Essentially this notice can be summarized as follows: If you really end the Marshall Plan, credit rating agencies will have to lower their credit rating for all of Europe due to increased financial risk.

Now, tell me again how Europe is not living on the back of America.

LONDON, July 13 (Reuters) – Progressive U.S. disengagement from European security ​affairs is negative for ‌Europe’s sovereign credit ratings, Moody’s said on Monday, due the ​increased defence costs ​the region’s governments will now ⁠face.

A summit of the ​North Atlantic Treaty Organisation (NATO)) ​in Turkey last week saw its 32 member countries agree to ​shift the balance ​of responsibility for Europe’s defence to ‌the ⁠alliance’s European members, and away from the United States.

“The (U.S.) disengagement is credit negative ​for ​European ⁠sovereigns,” a report by two of Moody’s ​top rating analysts ​said. ⁠It said the “credit effect” would depend on how the ⁠shift ​was managed ​in the coming years. (SOURCE)

When it comes to irony, Emmanuel Macron has, quite possibly, the world’s worst timing.

(more…)

President Trump Gives Lengthy Interview about Lindsey Graham and Iran Duplicity

President Trump calls-in to Fox Morning to discuss the passing of his friend Senator Lindsey Graham and other events of importance.    The discussion about Graham is the first 8 minutes.

The interview is prompted to [8:04] the segment where President Trump is discussing the current status of insufferable negotiations with a duplicitous Iranian negotiating team.  Obviously, President Trump is done with the word games and efforts of the Iran regime to “tap along” the negotiations while never intending to uphold their word or promises.

Previously the Gulf Cooperation Council (Saudi Arabia, UAE, Qatar, Kuwait, Bahrain) urged President Trump to ignore the statements and promises from Iran as they could not be trusted.  However, the GCC -which is ironic considering Qatar intermediaries- then tried to directly negotiate with Iran using Pakistan.

Collectively the GCC, Trump and now NATO are all in the same frame of thinking that Iran is simply just playing games.  As a consequence, U.S. and allied military action is now taking place against Iran on multiple fronts.  WATCH:

.

(more…)

Mitch McConnell Releases Image and Statement

The Office of Senator Mitch McConnell has released a picture and statement intended to answer questions about the status of the Kentucky senator.   However, many are questioning the content.

Personally, the accompanying image doesn’t really matter much – it is reported to be AI enhanced, but who can tell.  However, the message that accompanies the picture?  Well, that text is total BS and did not come from McConnell.

You can tell McConnell did not write it by the way it is written (particularly paragraph #2), and more importantly, there is no mention of condolence following Senator Lindsey Graham’s death.

WASHINGTON, D.C. – U.S. Senator Mitch McConnell (R-KY) released the following note to constituents regarding his hospitalization and recovery:

“To my fellow Kentuckians –

“When you elected me to a seventh term and made me our Commonwealth’s longest serving Senator, you did so trusting that I’d keep showing up to fight for you every day. And over the past several weeks, Elaine and I have appreciated both your well wishes and your honest questions about what was keeping me away from the Senate.

“You all know how folks of my generation often hesitate to share the vulnerability that comes with growing older. Even in the public eye, I feel that same instinct – I can’t help it.

(more…)

In Memoriam – The Most Interesting Revelation Released by Senator Lindsey Graham

Many people have specific citations for the impact of Senator Lindsey Graham. Several people have noted his importance in releasing information associated with the fraudulent “spygate’ and “Russiagate” operations. However, to me, the most interesting release from Senator Lindsey Graham was the release he could never again mention.

Senator Graham released a highly compartmented letter [STILL ACTIVE LINK] that proved the depth of the fraud targeting President Trump. The letter formally outlined a complete governmental fraud using all three branches of government, and as a consequence it could never be discussed in public.

In/around April 2020 (the letter is technically undated) the Senate Judiciary Committee (Graham and Feinstein) along with the Senate Intelligence Committee (Burr and Warner) received a copy of a letter previously transmitted secretly by the Mueller-led Dept of Justice to the FISA Court in July 2018.

BACKGROUND: The Mueller led DOJ (Rosenstein compliant, Sessions recused) had previously sent a notification to the FISA Court, July 12, 2018, saying despite the Office of the IG investigation showing clear manipulation of Carter Page FISA application process, there was still “sufficient predication” to believe the FISA warrant was appropriate.

The Mueller team were covering their ass, and racing against the clock while hiding information from the public. The letter clearly establishes in July 2018 the Mueller team were lying to the FISC.

After the December 2019 OIG Horowitz report that exposed how the Mueller probe, DOJ and FBI having clearly manipulated information to continue using the FISA warrant, despite information showing the warrant was obtained using fraudulent information, the FISA Court demanded the DOJ, now under Bill Barr, inform the Legislative Branch (Judiciary Committee) of the July 12, 2018, lie told to them by the Mueller team.

The DOJ had to comply and send the secret letter to the Senate Judiciary Committee. That’s how Graham received a copy of it in early 2020, which he then made public.

Until that moment in 2020, no one knew the Mueller team was saying one thing to the FISA Court, and another thing entirely to the media and public.

The FISC was angered, but the only oversight mechanism they had was to force the DOJ to give a copy of the letter to the Judiciary Committee.

The Judicial Branch (Judge Collyer) demanded the Executive Branch (AG Bill Barr) send the Mueller team letter to the Legislative Branch (Judiciary Committee).

Unfortunately, no one (except Graham) ever brought this up in the subsequent hearings on the matter, and when John Durham testified about his review, he was not questioned about it.

The Mueller team (Weissmann and McCord) successfully used the silo process to hide the deception, and John Durham was instructed by AG Bill Barr NEVER to investigate internal DC actors within the Legislative or Executive branches for their conduct, participation or role in the Trump targeting effort.

Bill Barr was trying to protect corrupt institutions, specifically the DOJ and FBI – and by extension the Mueller team, against sunlight upon their corrupt activity.

The lengthy letters remains -to this day- sitting in the Judiciary Committee data library (link below), as a permanent physical record of a direct lies told to the FISC by a corrupt DOJ, and to this day no one has been held to account.

The 2020 cover letter itself is undated, because Bill Barr was trying to coverup what had taken place.

READ FOR YOURSELF.

(more…)

Nancy Mace Wants to Replace Lindsey Graham

Nancy Mace tried to defeat Senator Lindsey Graham in 2014; she placed 5th in the primary.  Nancy Mace tried to run for governor this year, she placed 5th in the South Carolina primary.

Not many people think highly of Nancy Mace. However, Nancy Mace thinks very highly of herself [SEE HERE].  After learning of Senator Lindsey Graham’s sudden death, Mace immediately began positioning herself to take the South Carolina senate seat.

Mace is set to vacate her coastal House seat early next year, having given up her post to unsuccessfully run for governor this year. Her political future was uncertain following her fifth-place finish in that primary, but the newly open seat offers her a lifeline to extend her tenure in Washington.” (more)

Yuck.

But watch out for Ms. Nikki elbowing her way into position.

BLOOD IN THE WATER – […] Republicans will now race to replace Graham on the November ballot in a special primary election in mid-August, according to state law.

In an interview with NBC’s “Meet the Press” on Sunday morning, President Donald Trump said he was already considering who he might back in the race.

(more…)

President Trump Reminds Jake Tapper to Stay on Task – Focus on Lindsey Graham

President Trump called in to CNN State of the Union for a discussion of the legacy of Senator Lindsey Graham.  After a few minutes, Jake Tapper begins to go off subject into other matters of material interest to himself.  President Trump rejects the effort and reminds Tapper do not disrespect the moment and stay on the subject of Lindsey Graham. WATCH:

.

(more…)

President Trump Discusses 7pm Phone Call Last Night with Senator Lindsey Graham

President Trump calls-in to NBC Meet the Press to give his thoughts on the unexpected death of Senator Lindsey Graham.

According to President Trump he held a phone call with Senator Graham at approximately 7:00pm last night, and Graham noted he just returned from a trip to Ukraine and was a little tired.  Moments later Graham apparently suffered a medical event and President Trump was informed of his death at around 1:00am ET.  WATCH:

.

(more…)

Senator Lindsey Graham Dead

It will be interesting to discover where Lindsey Graham was located when he experienced this “sudden illness” that killed him.  His last known public location (hours before his death announcement) was in Kiev, Ukraine, visiting a drone factory.

[SOURCE]

(more…)