Earlier today, angry Joe was channeling his inner thug as he harkened back to the good old days when labor unions were cracking skulls on behalf of the communists and socialists.  Giving the pretense of connection to the working class is a performance technique Biden has used throughout his career, but it holds absolutely no basis in reality.

Appearing at the AFL-CIO convention today, Biden began yelling at the brotherhood.  In his mind anger, violence and conflict is what he believes organized labor is all about, so his performance is designed to convey that connection.  It’s more than a little weird, it’s creepy. WATCH:

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The “Producer Price Index” (PPI) is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released the May 2022 price data [Available Here] showing another 10.8% increase year-over-year in Final Demand products at the wholesale level.

The inflation within the total goods supply chain continues to accumulate at a more significant rate than the finished goods on the store shelves.  This means replacement goods will continue arriving with higher prices than current.   Final demand goods in May were 1.4% higher than April (16.8% annualized).  And the May year-over-year prices show a 10.8% increase [See Table A].  However, there’s more trouble ahead:

More troubling than the final demand price increases (wholesale finished goods), are the price increases in the intermediate goods and unprocessed raw materials.

Intermediate processed goods increased 2.3% in May (27.6% annualized).  The intermediate unprocessed goods, raw materials, jumped even higher in price at 6.3% for May (that’s a whopping 75.6% annualized increase).   It would appear the raw materials coming into the goods sector are coming in with even higher built-in energy costs than most people anticipated.

Once those intermediate products reach the final demand stage (wholesale), the cumulative price increase will mean even higher consumer prices.

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Tucker Carlson used his opening monologue tonight to point out the serious problems with federal “red flag laws” as proposed.  WATCH:

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There is one big problem for the people inside the Biden administration executing the Green New Deal energy policy, the massive increases in energy cost including gasoline.

You see, everything is an academic estimate until the actual Green New Deal is transferred from theoretical policy into a set of actions that creates a major disruption in the economy.  As things in society start to collapse; and as people begin to really feel the inflationary consequences of the Biden energy policy in action; suddenly all of those ‘talking points’ about shutting down the fossil fuel industry take on a new meaning.   People didn’t realize the Green New Deal was going to mean $10/doz eggs, $15/gal milk, $20 happy meals at McDonalds, or $150/tank of gasoline…. Now they are paying attention.

For former EPA Administrator Gina McCarthy, the current senior climate and energy policy advisor within the White House, all of these ‘in your face‘ surfacing Green New Deal consequences have become problematic for the Biden administration.  Her proposed solution, however, is rather remarkable.

In this interview discussing the skyrocketing inflation and consequences created by the Green New Deal policies, Gina McCarthy urgently begs all of the social media companies to start removing the content from American people who are giving real world examples of the pain and economic hardship they are feeling.  McCarthy says that if social media do not start to help Joe Biden hide the pain, the climate change agenda might be at risk.  WATCH [11:00 prompted]:

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The S&P 500 fell 151.23 points, or 3.9%, to 3749.63. The Dow Jones Industrial Average dropped 876.05 points, or 2.8%, to 30516.74. The tech-heavy Nasdaq Composite declined 530.80 points, or 4.7%, to 10809.23 (33% lower that the November record).

CNBC – […] U.S. stocks on Monday entered a bear market because the S&P 500 closed more than 21% below its all-time record close reached as recently as last January, S&P Global Dow Jones Indices senior index analyst Howard Silverblatt wrote.

Stocks had been flirting with a bear market for the past several weeks on an intraday basis, but had never actually closed below 3837, the level S&P Global needed to see in order to officially declare one.

S&P Global says a 20% decline in the S&P 500 on a closing basis from its previous peak is all it takes to define a bear market. Which means that this bear market is already more than five months old, since the S&P 500 all-time high came on January 3. (read more)

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They might even hold hearings on it….

The United States government illegally intercepts the private electronic communication of every American including emails, text messages, phone calls and social media content postings and comments.  The NSA unlawfully secures that library of data in order to maintain an electronic record uniquely identifying every American in a searchable database.

The government unlawfully allows the database to be searched for domestic threats as defined by the U.S. Dept of Homeland Security, the Dept of Justice and the FBI.  By mutually beneficial arrangement, access portals to search the NSA/FBI database are included as workspaces inside the law offices of Perkins Coie, the legal firm representing the Democrat National Committee….

…. And the J6 Committee wants us to worry about something they call “a threat to our democracy.”

Additionally, do you really think the Republican wing of the DC apparatus want to be responsible to voters for dismantling the national surveillance state?

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The constant and strategic pressure by Russian military in eastern Ukraine is slowly and methodically taking more ground each day.  Russian troops have now encircled and captured the city of Severodonetsk, which will join Lysychansk under full Russian control within days, according to the Washington Post.

Ukraine forces are running out of supplies as the U.S. State Dept. tries to organize the battle formations on behalf of U.S. interests in the country.  The Russian advances are slow, methodical and very deliberate.  The Ukraine military is losing ground and Zelenskyy is calling for more western help urgently.

LVIV, Ukraine—The leaders of France, Germany and Italy plan to meet with Ukrainian President Volodymyr Zelensky in Kyiv this week, officials said, as reports showed Russia making gains in the country’s east and Ukrainian officials urgently sought arms from Western nations to hold Russian forces at bay.

French President Emmanuel Macron, German Chancellor Olaf Scholz and Italian Prime Minister Mario Draghi were planning to visit the Ukrainian capital on Thursday, said two European officials, who cautioned that plans could yet change. The trip would be the first to Ukraine since the beginning of the war for the three Western leaders.

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During his Sunday show, Chuck Todd did a breakdown of American trust in government.

Remember that 4:1 ratio I keep mentioning?  WATCH:

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Democrats and Republicans in the Senate have announced their agreement for new laws which will restrict gun ownership.  The measures include a new federal firearm registry (known colloquially as “enhanced background checks”), and new laws for the federal government to define the standard of mental health that will allow gun ownership (known colloquially as “red flag laws”).

If approved, the structure looks somewhat similar to current discussion.  Continued or new firearm ownership will be permitted if the cross functional DHS/FBI social media and cognitive stability panel (the moderators inside Govt, Facebook, Twitter, Instagram, Google, Microsoft) approve the mental outlook of the firearm applicant.

The NSA database containing all privacy information on individuals will likely be accessed by a much larger audience of stakeholders (teachers, employers, social workers, bureaucrats) who will conduct ongoing stability reviews for firearm owners and flag any concerning content.

According to ABC – […]  The 20 lawmakers — double the initial bipartisan group who restarted negotiations late last month — are Sens. Richard Blumenthal of Connecticut, Roy Blunt of Missouri, Cory Booker of New Jersey, Richard Burr of North Carolina, Bill Cassidy of Louisiana, Susan Collins of Maine, Chris Coons of Delaware, John Cornyn of Texas, Chris Murphy of Connecticut, Lindsey Graham of South Carolina, Martin Heinrich of New Mexico, Mark Kelly of Arizona, Angus King of Maine, Joe Manchin of West Virginia, Rob Portman of Ohio, Mitt Romney of Utah, Kyrsten Sinema of Arizona, Debbie Stabenow of Michigan, Thom Tillis of North Carolina and Pat Toomey of Pennsylvania.

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