During press remarks yesterday, Joe Biden implied that Ukraine may need to cede territory in Eastern Ukraine to Russia as part of a “negotiated settlement.”

The statement came at the end of remarks centered around the May jobs report and Biden’s claim that U.S. consumers were in the best economic position of the past decade, therefore the government must begin increasing direct subsidies to offset energy costs and massive inflation pressure.  When Biden was asked, “does Ukraine have to cede territory to achieve some peace?” he stated:

[Transcript] – [F]rom the beginning, I’ve said and I’ve been — not everyone has agreed with me — nothing about Ukraine without Ukraine.  It’s their territory.  I’m not going to tell them what they should and shouldn’t do.

But it appears to me that, at some point along the line, there’s going to have to be a negotiated settlement here.  And what that entails, I don’t know.  I don’t think anybody knows at the time.

But in the meantime, we’re going to continue to put the — the Ukrainians in a position where they can defend themselves.  Thank you all so very much. (link)

It has been obvious from the outset that annexing Eastern Ukraine, the region containing a majority pro-Russia population, was always the intended objective of Russian aggression.  With Biden making this admission public, it raises the question then why did we agree to send $40 billion?

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Former economic and trade advisor Peter Navarro appeared outside the courthouse in Washington DC after his arrest. [Two Videos] WATCH:

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Full remarks and press conference below.

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There was a really bizarre dichotomy on display today within the teleprompter script prepared for Joe Biden to use.

Dear Leader took to the microphones to brag about his economic accomplishments and remind Americans how all good thinking people should be feeling:

“Since I took office, families are carrying less debt; their average savings are up.  A recent survey from the Federal Reserve found that more Americans feel financially comfortable than at any time since the survey began in 2013.”

[Source Transcript] – {Direct Rumble Link} WATCH:

Do you hear what he is saying?  Americans have less debt, their savings are up, and they are more comfortable financially today than ever before.

If those remarks were based on reality, then why was the following segment stated exactly 52 seconds later in the same script?

…”one way we can make things a little better for families is by helping them save on other basic items their family needs on a monthly basis, like their utility bills, their Internet bills, their prescription drug bills, and other costs like housing. My goal is to make sure that at the end of the month families have a little more breathing room than they — than they have now.” (link) 

These are not two different speeches; these are two paragraphs a few moments away from each other in the exact same speech. [Full Transcript Here]

This speech should ring massive alarm bells, not because of what is being said – but because the people behind Biden are just phoning in the propaganda now and not even trying to hide it or give the illusion of a president in control.  No president, in command of the office and the issues, would read those two paragraphs of a prepared speech and not point out the literal hypocrisy his handlers were telling him to read.

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The Bureau of Labor and Statistics (BLS) has released the May jobs report {DATA HERE} showing a net 390,000 jobs added overall.

The leisure and hospitality sector gained 84,000, as restaurants and hotels appear to be recovering from the massive pandemic losses.  However, within the reporting there is concern about the sectors that are now showing signs of increased employment weakness, including 61,000 job losses in retail.

The unemployment rate remains the same at 3.6% in May. About 330,000 people joined the labor force, however the participation rate remains below prepandemic levels.

Most analysts like the Wall Street Journal are explaining the contradictory sector specific numbers by saying, “Consumers, who loaded up on goods such as televisions and furniture early in the pandemic, have started to shift their spending to in-person services such as travel or restaurant meals.”  While there may be some truth to that outlook, it appears that most macro-perspectives are still discounting the extreme increases in price that are now baked into this new ‘transitional economy.’

Consumer purchasing is very prioritized because food, fuel, energy and housing are now eating up much more of the average person’s paycheck.  People cannot pay 30 to 50% more at the gas station and grocery store and still retain disposable income for durable goods purchases.  That’s the basic issue.

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Democrat House of Representatives member David Cicilline (Rhode Island) delivered remarks during a congressional hearing about the second amendment rights of Americans.  Within his prepared remarks Representative Cicilline says the quiet backroom part out loud and introduced the modern democrat perspective on the constitution.  WATCH:

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When people show you who they are, what their priorities maintain and how they structure their outlooks, it is generally the best idea to accept it.

If constitutional rights are “bullshit,” then what control mechanisms remain to restrain excessive government power?

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The issue within the DOJ filing an appeal to force U.S. airlines to reinstate the masks for air travel has nothing to do with public safety or benefits of mask wearing on airlines. The core issue is raw government power.

At the same time as the European Union has lifted all mask wearing restrictions for airline travel, Joe Biden is filing an appeal with the eleventh circuit court of appeals (Tampa, Florida) to overturn a judge’s ruling that lifted the mask mandate for airlines.  The extreme leftists within the Biden administration want to retain the power over people as an essential element within their larger agenda.

Freedom and self-determination are antithetical to the Build Back Better agenda, which necessarily includes the power of the federal government to make unilateral decisions that impact the lives of the people beneath it.  The airline mask mandate is just one small visual demonstration of the power of government over the people.

The need for raw power and forced edicts is why Biden cannot allow his fiats to be ignored.

WASHINGTON – The Department of Justice has appealed a federal judge’s ruling that vacated the federal mask mandate for public transportation.

A filing was made Tuesday, hours before the deadline and more than a month after the DOJ said it had filed a notice of appeal following the Centers for Disease Control and Prevention saying it was requesting the challenge.

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With barely more than a third of the country supporting the installed occupant of the White House, Joe Biden took to the podium tonight to demand a litany of new gun restrictions.  Biden called for the banning of assault weapons and high-capacity magazines through reinstating the 1994 Federal Assault Weapons Ban, noting that if that can’t happen, the government should raise the legal age to purchase such weapons from 18 to 21.

Biden also called on congress to construct new federal background checks, which sounded a lot like a federal registration of gun ownership.  Also, he is demanding “red flag” laws that will allow schools, counsellors, doctors and others to flag an individual as a threat to themselves or others, thereby removing their right to gun ownership.   Biden also said he want’s congress to ban large capacity magazines limiting all firearms to five bullets.   WATCH:

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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon warned of a “hurricane” as the economy struggles against fiscally induced growth, quantitative tightening and Russia’s invasion of Ukraine. Mr Dimon was delivering remarks at a conference sponsored by Alliance Bernstein Holdings Wednesday.

Higher oil prices, higher fuel prices, higher energy prices and much higher food prices are all looming over the horizon as the Biden administration switches the baseline for the U.S economy from oil and gas to the Green New Deal energy program. Things are going to get worse, the question is, how much worse? WATCH:

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You do not need anyone to affirm that Main Street is in trouble, you can see it all around you.  Inflation is crushing blue-collar and white-collar workers as prices continue to rise on essential goods. Consumer spending is now prioritized around the higher cost of housing, energy, gasoline and food.  Family earnings are spent before the paychecks arrive for most Main St workers, and now we are starting to see the alarming result economic contraction, beginning with small businesses.

That’s the message within the ADP private sector payroll report released today [DATA HERE], which shows a contraction in small business employment.  Economists were looking for private payroll increases in the 300,00 range; but the result was far lower at 128,000.   Small businesses lost 91,000 jobs in May.  Main Street is in trouble.

WASHINGTON, June 2 (Reuters) – U.S. private payrolls increased far less than expected in May, which would suggest demand for labor was starting to slow amid higher interest rates and tightening financial conditions, though job openings remain extremely high.

Private payrolls rose by 128,000 jobs last month, the ADP National Employment Report showed on Thursday. Data for April was revised down to show 202,000 jobs added instead of the initially reported 247,000. Economists polled by Reuters had forecast private payrolls increasing by 300,000 jobs. (read more)

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Treasury Secretary Janet Yellen has more financial and analytical resources at her fingertips than thousand hedge funds combined. When Secretary Yellen claims today that she “got it wrong” about inflation, what she is doing is continuing the game of pretending; she’s positioning the administration as incompetent, not deliberate.

The illusion of incompetence plays into the scheme of hiding the fact the administration is working through a purposeful strategy. In the game of pretending; and under the current circumstances; it is better to be seen as incompetent than recognized as working with malicious intent.  This is the illusion behind Joe Biden’s usefulness.

This is also the organized pretending game within DC that too few people will accept or admit. The Treasury Secretary and Federal Reserve Chairman are not making mistakes, they are working on a specific agenda and economic plan. Federal Reserve Chairman Jerome Powell was not late to raise interest rates, he waited on purpose. He waited for the political reason of waiting until the triggered 2021 inflation spike cycled through the full calendar year.

These are not monetary policy leaders making monetary policy mistakes. These are monetary policy political ideologues, carrying out a political agenda within the U.S. economy. This is part of what National Economic Council Chairman Brian Deese would call the “economic transition.” WATCH this through the correct prism:

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