If you combine government use of energy policy, government regulation on individuals around that energy policy, and the self-interested need to control political opposition, you discover one of the most effective ways to control human activity is to control their finance.

Canadian Prime Minister Justin Trudeau gave us a great example of that when he weaponized the power of the Canadian government to target the protesting truckers and those who support them.  You might remember Trudeau’s government locked down bank accounts, froze assets, denied loans, blocked mortgages and generally confiscated the wealth and incomes of his political opposition without any due process; all because the people were challenging his totalitarian COVID dictates. {Go Deep}

Take those reference points as an overlay and now consider this undiscussed recent announcement from the Biden administration:

[White House] – President Biden often summarizes his vision for America in one word: Possibilities. A “digital dollar” may seem far-fetched, but modern technology could make it a real possibility.

A United States central bank digital currency (CBDC) would be a digital form of the U.S. dollar. While the U.S. has not yet decided whether it will pursue a CBDC, the U.S. has been closely examining the implications of, and options for, issuing a CBDC. If the U.S. pursued a CBDC, there could be many possible benefits, such as facilitating efficient and low-cost transactions, fostering greater access to the financial system, boosting economic growth, and supporting the continued centrality of the U.S. within the international financial system. However, a U.S. CBDC could also introduce a variety of risks, as it might affect everything ranging from the stability of the financial system to the protection of sensitive data.

(more…)

“Gaslighting” is essentially a term used to describe an abuser continually lying to victim in order to make the victim misbelieve reality.

Economic “gaslighting” is a process of lying about the nature of true cause in order to continue advancing the abusive policy.

Combine the economic gaslighting with the historic leftist approach of pretending not to know things, and you get this dynamic on CBS Face the Nation today.  In this brief segment describing inflation, we see all the classic strategies deployed by ideological media.

First, notice they blame: (1) the pandemic recovery, (2) consumer demand, (3) Ukraine, and (4) a supply chain ‘muddle’.  Not only are these issues ridiculous, but none of them are the cause of supply side inflation.  Blaming “consumer demand,” which has transparently collapsed for the last year, is beyond nonsense.  WATCH, and also pay attention to the graphics they use to manipulate the audience:

The true cause of inflation, and yes that includes ‘global inflation‘, is the collective western economy jump into climate change energy policy known as “build back better.”  Stopping the use of oil, gas and coal as the source for cheap energy, has resulted in every element of the inflation they outline.

As an outcome of their ideology, the central banks of the western economies are now trying desperately to lower economic activity to reduce energy consumption.  The goal is to lower human activity to the point where windmills and solar farms can sustain it.  Everything else is pretending.

(more…)

The ‘cut to the chase‘ aspect of whether Ron DeSantis is planning to run for the GOP nomination in 2024 is made clear when you realize just how much money the Florida governor has amassed.  A standing total exceeding $200 million.

That $200 million is not only a staggering amount far beyond the need for his virtually certain governor’s victory, but also the largest amount of campaign money ever assembled by a governor in the history of politics {citation}. Meg Whitman, California ($176 million), and Jay Pritzker, Illinois ($176 million), were both multi-millionaires and funded the majority of their war chest.  Almost all (96%) of DeSantis’ money is coming from multinational corporations, hedge funds, Wall Street firms and billionaires {citation}.

For those who are unfamiliar with the strategies of political funding, there is a timing that also highlights the intent.  A conspicuously aligned timing that coincides with the Trump raid on Mar-a-Lago.  Campaign finance reports are required and filled out quarterly.  DeSantis had a massive war chest assembled through August 5th.

That finance revelation was immediately before the August 8th raid, before the week in the bunker, and before DeSantis reemerged August 14th with a new national branding team and communication change.

DeSantis took in even more billionaire donor checks with the national kick-off.

Everybody familiar with politics knows what that level of preparation and strategy means.  DeSantis wasn’t amassing money of that scale, and simultaneously launching a new national branding campaign, for a state reelection bid.  He was/is preparing for a 2024 presidential run.  The only question was whether DeSantis had direct knowledge of the August 8th raid on Trump in advance, or whether he was just told not to ask questions and follow the advice of his new GOPe team.  The latter is more likely.

(more…)

As the DOJ-NSD originally threatened, they have filed an appeal of the ruling by Judge Cannon in the Trump Mar-a-Lago document case. [Pdf Here]

The DOJ is requesting the 11th Circuit Court to intervene and “stay” or block a part of the ruling allowing the Special Master, Judge Raymond J Dearie, to review the “classified documents” and make an independent determination as to the validity of the DOJ-NSD claims.

Having read all the motions in the case, you can get a sense of the authorship from the motion.  From my perspective this effort appears to have been written by the Lawfare group and filed by their allies in Main Justice at the DOJ National Security Division (DOJ-NSD).  The bottom line is they really don’t want any outside party making a determination as to the status of the 100 “classified documents,” and/or consider if President Trump had previously declassified them.

The crux of their position is outlined in this part of the motion, which appears to hold a logical fallacy [pdf link Here]:

The framework of the appeal appears to be built on a false premise.  The DOJ argument is contingent upon the government not having the original documents, and the claim is made *AS IF* there is only one copy.  Even if this appeal is within the framework of a valid issue for an appellate court review (not a guarantee), when you apply commonsense the motion fails on its face.

The original documents are always retained by the originating agency.  No one, not even the President, sees original intelligence documents from within any agency creating the product.  Everything, including what President Trump would have seen while in office, and including any “read and return” version of the intelligence product, is a copy that stems from the originals.  As a result, the executive branch (DOJ) has access to the originals regardless of what copies they may have retrieved from Mar-a-Lago.

(more…)

The governor of uber-liberal Massachusetts has called-up the national guard to cope with the massive influx of several dozen illegal aliens sent to Martha’s Vineyard.

According to local reports 125 soldiers have been dispatched to deal with 50 arriving illegal aliens.  The unlawful migrants will be moved to a military base until the state can figure out what to do.

MASSACHUSETTS – The governor of Massachusetts plans to activate the National Guard as part of the effort to deal with migrants who were flown to Martha’s Vineyard.  Florida Gov. Ron DeSantis sent two planes of immigrants to the Massachusetts island on Wednesday.

Gov. Charlie Baker says the state will transport the migrants to a military base on Cape Cod.  He says a new shelter will be set up at Joint Base Cape Cod for approximately 50 migrants.

The Massachusetts Emergency Management Agency will coordinate efforts among state and local officials to provide food, shelter, and essential services. Baker also plans to activate up to 125 members of the Massachusetts National Guard as part of the relief effort. (read more)

50 illegal aliens are transported to deep blue Massachusetts and the governor calls out the national guard.

Meanwhile, 2,000,000 illegal aliens cross into Texas and Arizona and the federal response?

(more…)

You know that moment just before the tsunami hits, when the water is pulled out to sea?  Yeah, that.

Media are starting to realize what a destabilizing force ‘food insecurity’ can become as the pre-existing high prices are about to go even higher.

(WASHINGTON, Via The Hill) – […] the five items that have seen the largest year-over-year price increase based on the latest report from the Labor Department, and how much the price has changed: Eggs 39.8%, Margarine: 38.3%, Butter: 24.6%, Flour/prepared flour mixes: 23.3%, Olives, pickles, relish: 19.4%

Many of the items listed in the Consumer Price Index have seen prices rise by more than 15% compared to August 2021. That includes chicken (16.6%), soups (18.5%), cereals (17.4%), and milk (17%).

(more…)

Welcome to the new “democratic norms” in the industrialized west as Germany seizes the private assets of Russian owned energy company Rosneft; because oil refining is critical to fuel prices and German has just realized their vulnerability.

Within this new Build Back Better system, driven by the policies of western nations, it appears things are changing quickly.  Democracy or capitalism in Germany is now quickly dispatched, as socialism -state control- becomes the priority.

Heck, I’m old enough to remember when everyone decried China’s authoritarian economic model for doing the exact same thing as Germany (a few months ago).  But, well, we must pretend not to notice these things comrades….

(Reuters) – BERLIN, Sept 16 (Reuters) – Germany took control of a major Russian-owned oil refinery on Friday, risking retaliation from Moscow as Berlin strives to shore up energy supplies and meet its European Union commitment to eliminate Russian oil imports by the end of the year.

The economy ministry said it was putting a unit of Russian oil firm Rosneft (ROSN.MM) under the trusteeship of the industry regulator and taking over the business’ Schwedt refinery, which supplies 90% of Berlin’s fuel.

“This is a far-reaching energy policy decision to protect our country,” Chancellor Olaf Scholz told a news conference to present the government’s plans to put the Schwedt refinery under the control of the Federal Network Agency regulator. (read more)

Who knew economic security was national security?

(more…)

The great economic pretending is predicated on denying that major western economies are shrinking because political leaders are collectively destroying cheap and reliable energy production (oil, coal, gas), while simultaneously chasing expensive and [un]sustainable energy development (wind, solar).

The Build Back Better / Green New Deal climate change agenda is destroying every economy based on ‘collectively agreed‘ energy policy.  Energy driven supply side inflation is crushing consumers in every western economy.  Sales and purchases of goods have stopped.  Affording food, fuel and housing is the focus of billions. Yet, denial is everywhere.

It was not that long ago, June 23rd to be precise, when Fedex gave a forward-looking forecast based on existing operational results.  In late June Fedex anticipated a generally stable continuation of business operations.  Here we are, three months later and Fedex business collapsed in the last quarter.  CEO Raj Subramaniam says shipping demand unexpectedly plummeted.  The great economic pretending meets reality.

Keep in mind, about six weeks ago Maersk, the international shipping company that delivers millions of containers of goods all around the world, mostly by ship, said they saw demand and orders plummeting as shipping warehouses were full of unsold goods {link, Aug 3rd}.

[The Fedex Collapse] – […] The company scrapped its forecast for its earnings in its current fiscal year that it had issued less than three months ago. For the three months ended Aug. 31, FedEx now projects adjusted earnings per share of $3.44 and $23.2 billion in revenue. That’s below analysts’ consensus forecast of $5.14 adjusted earnings per share and $23.6 billion in revenue, according to FactSet. (more)

The company is also revising its 2023 financial outlook and said it expects conditions to worsen further in its second quarter. Economists have sparred for months over whether or not the US is heading into a recession. (more)

(more…)

A strange thing happened.  After lecturing the nation on the virtues of mass migration, the white liberal democrats on Martha’s Vineyard did not celebrate the arrival of the non-white immigrants they have been demanding for years.

Fox News host Tucker Carlson noted in his monologue that Martha’s Vineyard famous nimby residents, including former President Barack Obama, did not welcome the people of color as one would expect.  Instead of celebrating the new diversity, oddly the residents quickly moved to find alternate off island locations to accept the arriving immigrants. WATCH:

.

(more…)

Judge Aileen Cannon has rejected the DOJ motion to stay her previous order and appointed a special master, Judge Raymond J Dearie, Senior United States District Judge for the Eastern District of New York, [pdf of Ruling HERE]

As to the dispute of the 100 “classified” documents, Judge Cannon writes, “the Court does not find it appropriate to accept the Government’s conclusions on these important and disputed issues without further review by a neutral third party in an expedited and orderly fashion.”

Judge Cannon urged Special Master Raymond Dearie to complete his review by Nov. 30, 2022, more than a month longer than DOJ requested.  However, she did say Trump’s legal team has to pay the full cost of the special master.  [Full Ruling Pdf Here]  In a signed filing, Judge Dearie accepted the task.

(more…)