We can see no political scenario where the Bureau of Economic Analysis (BEA) will report a negative second quarter GDP number, despite the reality of a contracted economy.

A negative second quarter GDP would mean the Joe Biden economic policies have resulted in a recession.   Yes, the economy is contracting; and yes, the economy is in an actual recession.  However, it would be too politically damaging for the federal bureaucrats to quantify it accurately.

That being said, the Atlanta Fed is now calculating a negative 1% second quarter GDP result [DATA HERE]:

(Fed Reserve) – The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is -1.0 percent on June 30, down from 0.3 percent on June 27. After recent releases from the US Bureau of Economic Analysis and the US Census Bureau, the nowcasts of second-quarter real personal consumption expenditures growth and real gross private domestic investment growth decreased from 2.7 percent and -8.1 percent, respectively, to 1.7 percent and -13.2 percent, respectively. (link)

CTH predicts the BEA is likely to generate a statistical report somewhere in the +0.5% range. Just enough positive GDP to avoid the literal definition of a recession.  The BEA report will be issued at the end of July and if they follow recent patterns, they will likely underestimate the inflation rate as well as under-calculate the import data.  (more…)

The Environmental Protect Agency (EPA) was attempting to restrict the energy production from coal-based power plants through a regulatory cap-and-trade scheme intended to limit the emissions from electricity plants. However, by a 6-3 vote the Supreme Court said today the Clean Air Act does not give the EPA broad authority to regulate greenhouse gas emissions from power plants. [pdf Ruling Here] The regulation -if any- must come from congress, not regulatory fiat from an executive agency.

New York Post – The Supreme Court rolled back the Environmental Protection Agency’s authority to regulate greenhouse gas emissions from power plants Thursday, dealing a massive blow to the Biden administration’s plans to fight climate change.

The 6-3 decision overturned a lower court ruling that gave the federal agency virtually unlimited regulatory powers through the Clean Air Act. […] Writing for the majority, Chief Justice John Roberts agreed with the states that “it is not plausible that Congress gave EPA the authority to adopt on its own such a regulatory scheme.”

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In his opening monologue tonight, Fox News host Tucker Carlson outlined a political list of DOJ and FBI targets over the past 18 months.  Some of these examples are probably forgotten; however, when you see the examples highlighted with a timeline it really does showcase how our system of government has been weaponized by a corrupt Dept of Justice and corrupt FBI.

The part where the political dissidents are outlined begins at 05:39 (prompted) WATCH:

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In exactly 22 seconds during a late-night television appearance, Democrat Representative Alexandria Ocasio-Cortez showcased her lack of understanding how the United States government works.  Ms. AOC literally gets the construct of our government reversed.

According to AOC it is “the responsibility of the president and congress to put the Supreme Court in check.”

Exactly the opposite is true.

It is the literal role and responsibility of the Supreme Court to check the constitutional validity of the legislative and executive branch.   The supreme court exists, almost exclusively, to keep the president and congress in check.  WATCH:

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Ms. AOC could not be more wrong if she tried.  However, this is a great example of how basic civics are unknown to some of the people in congress.   Quite remarkable.

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Quid-pro-Joe.

In March of this year Finland President Sauli Niinistö traveled to the White House [link].  In April reports first surfaced of Finland and Sweden joining the NATO alliance [link].  In mid-May of this year President Sauli Niinistö stated his decision for his country to join NATO was a matter of needing to choose sides, “what we see now, Europe, the world, is more divided. There’s not very much room for ‘non-aligned,’ in-between. So that was also what we are thinking,” he said [link]

The next day, May 16th, Turkish President Recep Erdogan, a preexisting NATO member, said Turkey would block the application of Sweden and Finland from joining NATO until their conditions and terms were accepted [link].  Two days later, May 19th, Joe Biden, flanked by Finnish President Sauli Niinisto and Swedish Prime Minister Magdalena Andersson (again at the White House), said the two countries would “make NATO stronger.” [link]

On Tuesday of this week Turkey removed their block of Sweden and Finland from joining NATO, and on Wednesday Joe Biden agreed to sell Turkey 40 Lockheed Martin-made F-16 fighters and nearly 80 modernization kits for its existing warplanes:

Newsmax – The Biden administration threw its support on Wednesday behind the potential sale of F-16 fighter jets to Turkey, a day after Ankara lifted a veto of NATO membership for Finland and Sweden.

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There is a slow-motion buildup to a hot war with Russia happening.  The NATO and western alliance motive for the war is clear {Go Deep}.  The question is rapidly moving from “if” to “when.”

In this outline we will update on the troop and military movements and then explain why the war with Russia is becoming a self-fulfilling prophecy.  In many ways this will be the “Climate Change War,” you will see why below.

First, the U.S. is moving troops from the 101st Airborne ‘screaming eagles’ into NATO allied countries on the western border of Ukraine.   This is the first deployment of the Army’s 101st Airborne Division from Fort Campbell, Kentucky, to Europe in 80 years.  As noted by base reporting, “Elements of 2nd Brigade Combat Team, and 101st Headquarters and Headquarters Battalion, 101st Airborne Division, have been assigned to carry out the mission.” [source]

“We’re going to check the Russian influence and we’re going to impact the Russians’ decision-making for probably the next 10-20 years,” said Col. John Lubas, deputy commanding officer for operations, 101st Airborne Division, in a pre-deployment briefing. “We’re going to do this with all our partners in NATO, the European Union and the West, and this is an incredibly important mission.” 

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Either J6 committee witness Cassidy Hutchinson is currently working for Donald Trump in a weird effort to make the J6 committee look absolutely silly, or Cassidy Hutchinson is the latest Jussie Smollett or Christine Blasey-Ford.   Ms. Hutchinson’s testimony was so outlandish only the most intellectually deficient left-wing loons could or would believe it.

Ms. Hutchinson claimed she heard a story from some unknown person that President Trump was so insistent on traveling to the Capitol building on January 6, 2021, that he assaulted his secret service detail and grabbed the steering wheel on the presidential limousine.   She heard it from someone, who heard it from someone, and so Ms. Hutchinson was pushed in front of the J6 cameras to proclaim it.

The claim is so silly, it was impossible to believe.  Yet the congressional committee media ran with it, and the media promoted the story, because Trump.

Within minutes of Cassidy Hutchinson’s unsubstantiated claims, the secret service was refuting it.  Even NBC White House correspondent Peter Alexander was forced to refute it.  “A source close to the Secret Service tells me both Bobby Engel, the lead agent, and the presidential limousine/SUV driver are prepared to testify under oath that neither man was assaulted, and that Mr. Trump never lunged for the steering wheel.” he tweeted.  Whoops.

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The death toll in the human smuggling operation involving a tractor trailer filled with illegal aliens has risen to 51 people. Mexican Foreign Secretary Marcelo Ebrard Casaubon said on Twitter that among the victims were 22 Mexican nationals, seven Guatemalans and two Hondurans.

TEXAS – […] Bexar County Precinct 1 Commissioner Rebeca Clay-Flores said the death toll has risen to 51 people during a press conference Tuesday afternoon. Initially, 46 people were found dead in the trailer Monday and 16 people were hospitalized, authorities said.

The death count was the highest ever from a smuggling incident in the United States, according to Craig Larrabee, acting special agent in charge of Homeland Security Investigations in San Antonio.

“This is a horror that surpasses anything we’ve experienced before,” said San Antonio Mayor Ron Nirenberg. “And it’s sadly a preventable tragedy.”

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Say what you will about Boris Johnson, but he does proffer pragmatic solutions to problems.

With a pending global food shortage only looking worse by the day British Prime Minister Boris Johnson has proposed to use biofuel farmland to grow food that can be consumed by people.

German Chancellor Olaf Schulz is also supporting the plan. However, Joe Biden and Justin Trudeau have denounced the effort to expand food production in the U.S. and Canada and blocked the framework from G7 policy.

WASHINGTON – […] Mr Johnson will address G7 leaders at a summit in Germany and ask them to repurpose land currently used for crop-based biofuels to grow more food.

The Prime Minister believes using less green fuel would dampen soaring food prices and help avert famines in poorer countries that rely heavily on Ukrainian grain blockaded in ports by Russia.

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Video has surfaced showing French President Emmanuel Macron informing Joe Biden that asking Saudi Arabia for more oil will not help the current situation and the global energy crisis Joe Biden has created.

The video is from an impromptu conversation at the G7 Summit in Germany.  After a minute, Biden’s National Security Advisor Jake Sullivan steps in and tells the group they need to go inside and have this conversation because the media can hear and see what they are discussing.  WATCH:

The larger issue comes down to a catastrophic energy agenda by Joe Biden made worse by U.S. foreign policy.  Biden has killed the U.S. oil and gas industry driving up the price of energy which is having horrific consequences as consumer prices skyrocket.  Simultaneous to this bad domestic energy policy, Biden has placed sanctions against Russian oil and gas with the backdrop of preexisting sanctions against Iran and Venezuela.

No oil/gas from Russia, no oil/gas from Iran, no oil/gas from Venezuela and now less oil/gas from the United States.  The western alliance is trying to push the climate change agenda while cutting off their own access to cheap energy supplies.   THIS is the primary source of what has been called “global inflation,” it is a self-inflicted wound against the citizens in the western nations.

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