As if carrying Homeowners insurance in California and Florida wasn’t already subject to ridiculous increases in premiums, things are about to get a lot worse.

Effective with the July 1st notification, Reinsurance rates, these are companies who insure the insurance companies, are telling their clients there will be up to a 50% increase in cost for underwriting catastrophic coverage.  Perhaps claims in the past few years have been higher; however, I suspect the issue amid the reinsurers is partly connected to the issue that surrounds banks and bond rates.

Back when interest rates were near zero, banks and reinsurers likely scooped up lots of Treasuries and bonds. As the Federal Reserve hikes rates those bonds have declined in value. When interest rates rise, newly issued bonds start paying higher returns to investors, which makes the older bonds with lower rates less attractive/valuable. The result is that most banks, and I suspect big reinsurance houses, have some amount of unrealized losses on their books.

Whatever the reason, the big reinsurance companies are now telling the insurance carriers their catastrophe rates are going up as high as 50%.  Those insurance companies will then pass those rate hikes to the individual policy holders for commercial buildings, residential homes, cars, RV’s etc.  Bottom line, homeowner insurance rates are about to go up again with policy renewals, especially in Florida and California.

LONDON, July 3 (Reuters) – U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal date, broker Gallagher Re said in a report on Monday, with states such as California and Florida increasingly hit by wildfires and hurricanes.

Reinsurers insure insurance companies, and have been raising rates in recent years because of steepening losses, which industry players put down in part to the impact of climate change. Higher reinsurance rates can affect the premiums which insurers charge to their customers.

U.S. reinsurance rates for policies which previously faced claims for natural catastrophes rose 30-50%, Gallagher Re said.

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Despite numerous pontifications to the contrary, it was always going to go this way.  Florida Governor Ron DeSantis and the idiot professional political consultants, those enlisted by the Sea Island billionaires to try and drag the $100 bill on a fishing string through the MAGA hood, were only going to fool the first few blocks of voters; after that, people wised up.

The problems are too numerous to encapsulate; however, for the sake of brevity they can be argued into three main buckets: (1) Fakery – the entire dishonest operation from the outset (triggered visibly in ’21, originating back in ’18) was based on deception, astroturf and false pretenses.  (2) The candidate just isn’t that good, is inauthentic in the extreme, zero private sector understanding, and is dependent on #1.  (3) Transparently a Big Club operation, surrounded by the most expensive deceptions the GOPe can muster.

I said last summer the DeSantis campaign would collapse upon itself as sunlight poured in.  That’s exactly what has been happening.  Despite their initial trust deposits, Florida Republican voters are now a case study in ‘not going to be fooled again’.  Once you see the strings on the marionettes, you can never return to that moment in the performance when you did not see them.  It doesn’t matter how good the stage presentation; the strings are visible, and continued pretending only makes it worse.

(Politico) – A top spokesperson for Ron DeSantis’ super PAC is sounding a decidedly dour note on the Florida governor’s presidential prospects, saying his campaign is facing an “uphill battle” and is trailing badly in the key nominating states.

[…] “Right now in national polling we are way behind, I’ll be the first to admit that,” [Steve] Cortes said in a Twitter spaces event that was recorded on Sunday night. “I believe in being blunt and honest. It’s an uphill battle but clearly Donald Trump is the runaway frontrunner.”

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I added a NOTE about Musk’s nonsense justification.

If the lessons of COVID-19 have taught us anything, it should be that each step the totalitarian dictatorships take -under the guise of protecting new democratic norms- must be viewed through the prism of future targeting.

We should pay attention, lest we find ourselves on the alternate side of populist uprisings under state targeting.

I sent the prior warning message around the collaboration between private industry and western government surrounding financial restrictions placed on Russia. When VISA, Mastercard and other payment mechanisms willingly and willfully supported the intentions of the Western Government coalition, few people thought about the Rubicon this new merge and partnership was establishing. {SEE HERE} In essence, private industry determining the lifestyle of Russian citizens in an effort to target their political leadership. Few people were paying attention, fewer still think long term.

With France now pledging to shut down internet communication in an effort to control organizing through social media, there is a bigger picture that must be considered.

[SOURCE – Translated from French]

Let me take you back to 2010 and 2011 when the U.S. State Department, Hillary Clinton, Samantha Power, Susan Rice, CIA Director Leon Panetta and French President Nicholas Sarkozy wanted to support the Islamist Spring uprisings in Tunis, Libya, Egypt and Yemen.

What happened then is very much related to what we are seeing right now in Europe, specifically France; only this time we are seeing the inverse of the government interests regarding social media on display.

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Former Director of National Intelligence, John Ratcliffe, appears on Fox News to point out the obvious inconsistencies with the claims by the DOJ in their effort to protect Hunter Biden and the Biden family from investigations.

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Representative Byron Donalds (MAGA – SWFL) brings an important point to the audience at a local townhall.  The issue of institutional corruption, and the total lack of faith and confidence in the institutions of our government, are at the forefront of the electorate.  Representative Donalds is challenged about the intent of the MAGA republican legislators and what must be done about the transparency of corruption we all witness and know to exist.

During his response, Donalds notes a key distinction.  The MAGA coalition saw what the 2010 Tea Party conservatives went through. The MAGA coalition saw and sees what President Trump has gone through.  The MAGA coalition is delivering a message to House Speaker Kevin McCarthy and others, that those who stand on the principles of anti-corrupt influence are not concerned with the perks, benefits, affluence and legislative influence that DC uses to diminish their opposition.

As noted by Donalds sharing his discussions with Kevin McCarthy, the MAGA coalition is in place -in their face- to effect change and remove the corruption, not participate in the process to give the illusion of change.  WATCH:

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Neil Oliver’s monologues each week are even more critical in the intellectual pushback as the thoughts and monologues of Tucker Carlson.  Neil articulates the issues and reaches an audience thirsting to understand just how corrupt the systems are that flow from the globalist and corporatist constructs.

Behind all the disparate institutional machinations, the larger objective of globalism and nationalism continue to present the most direct reference point of the conflict.  Just as Donald Trump represents this dynamic clearly in the United States, within Europe UK political figure Nigel Farage has been the tip of the spear confronting globalism and representing the face of British nationalism.

As a result of this dynamic almost every multinational and corporate EU institution has attempted to destroy Nigel Farage.  The latest example comes from the banking system in the U.K which has told Mr. Farage he will not be permitted to engage in banking, finance or commerce.  Neil Oliver takes this example and puts the larger context into his monologue.  WATCH:

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Things are not looking good for France as a fourth night of riots, violence, looting and general chaos is worsening. “President Macron was last night facing calls to impose a state of emergency after marauding gangs of rioters – some armed with stolen rifles – clashed with police in a fourth night of mayhem.”

(Via Daily Mail) – […] Rioters were again seen rampaging through the streets of Marseille, Lille and Paris, amid claims looters broke into a gun shop and stole hunting rifles while others ransacked a police station. Cars, buses and government buildings have been set alight and fireworks have been launched at police.

There were more than 3,800 fires on public roads last night, while more than 500 buildings were set alight.

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Unfortunately, Tucker Carlson has chosen the Twitter platform as the outlet for his monologue broadcasts. Twitter is now restricting viewers of the platform to only registered user accounts. As a result, Carlson’s message is now restricted by DHS monitors as the audience is filtered.

However, if you enjoy the Carlson discussions, several people are transferring the content onto shareable platforms that do not have Homeland Security restrictive oversight and direct FBI and Intelligence Community control mechanisms. {Direct Rumble Link}

[NOTE: Disclaimer – CTH remains inside the DHS system to throw sand into the machinery, because “NUTS”!]

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The details are starting to surface, but something is still sketchy.  According to required state financial disclosure filings, Ron DeSantis is reporting an additional $1.25 million in income from Rupert Murdoch’s publishing house Harper Collins.

However, given the fact that Megyn Kelly was paid $10 million by Rupert Murdoch for her 2016 effort to remove Donald Trump, the $1.25 million being reported by Ron DeSantis doesn’t fit. [Unless there are going to be a series of payments.] Additionally, according to the Florida financial disclosure rules, this income report is for last year, 2022. “the financial disclosure is due July 1 of each year for the preceding calendar year.” (link)

(Via Politico) – Florida Gov. Ron DeSantis took home $1.25 million from his publisher for writing a book he released in February, according to a state financial disclosure filed Friday.

The book money is the first additional stream of income beyond his government salary that DeSantis has reported since he won election to lead Florida in 2018. (read more)

By now everyone is well aware how books are used as laundering and payment mechanisms for politicians, media influencers and people in positions of power. The entire book deal dynamic in politics is just another way to skirt campaign finance and laws on limits for contributions.

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On Thursday morning House Oversight Committee Chairman James Comer appeared on Fox News for an interview where he described the evidence of the FBI and U.S. Dept of Justice interfering in investigations about Biden family money laundering. {Direct Rumble Link}

Within the interview Comer outlines that the Biden family received over $20 million in funds from foreign government funds to influence policy. The Biden family then used limited liability corporations (LLC’s) to launder the money into non-existent family businesses.  The DOJ and FBI then blocked any inquiry and investigation into the process by the IRS and others.

Comer outlines the intent of congress to subpoena all of the people who were involved in the network.  When asked if congress “has the goods” to show proof behind the accusations against Biden, Comer responds with “yes.”   James Comer also states that Attorney General Bill Barr was told by the FBI that the Hunter Biden laptop was Russian disinformation.

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