The New York Federal Reserve survey reflects the obvious. Consumers see staple food and energy price increases far outpacing any wage gains, and the outlook moving forward does not show signs of improvement.
The distance between the inflation line and the wage line is the intensity of the hurricane coming our way.
We are in this very weird place where the politically motivated Fed cannot stop purchasing debt created by legislative spending. At the same time, the political Fed is going to have to raise interest rates or we will enter an impossible spiral of policy caused inflation. There are three options: (1) stop buying debt; (2) increase interest rates; or (3) deploy some COVID mechanism to shut down people and hit the demand side.
Considering that Omicron didn’t work, and further panic pushing does not seem politically viable, that only leaves the two options of the Fed stops buying debt, and/or the Fed raises interest rates. Now, considering that these same political ideologues will not stop pushing the Build Back Better legislative agenda, that means the Fed cannot stop buying debt. That leaves one option remaining, increase interest rates.
Well, there’s another “economist” who can be set into the folder of ‘no longer useful’. During his appearance today on CBS Face The Nation, Mohamed El-Erian, chief economic adviser for Allianz, finishes his segment by revealing his underlying precept: Climate Change policy is now the economic policy driver of all his investment advice.
Within the interview, El-Erian said the “characterization of inflation as transitory is probably the worst inflation call in the history of the Federal Reserve.” Additionally, El-Erian said inflation is likely to remain high into the next year and perhaps beyond. Unfortunately, other than those two points of generally well educated accuracy, everything else is wrapped up in the political correctness of climate change…. which, you don’t really discover until the very end of the interview. WATCH:
The baseline for El-Erian saying the Build Back Better spending fiasco is a good thing, is based on accepting the pretense that massive amounts of federal spending will be needed to structurally change the U.S. economy from fossil fuel use to the Green New Deal. If you do not believe in this transformation, there is no merit to any component of the BBB spending proposal. It really is that simple.
As a consequence, El-Erian is staking the position that climate change agenda politics is now the focal point from which all other economic policy will be determined. He has conceded in his mind and worldview, perhaps based on his associations and peer discussions, that any forward economic analysis must therefore establish itself from the alternative fuel position.
The NBC media panel for Meet the Press is absolutely apoplectic about their inability to destroy President Donald Trump and his supportive base of pragmatic, awakened Americans. The pearl-clutching and fear are palpable, as the leftist roundtable contemplates future elections that may deconstruct decades of election control, manipulation, fraud and falsehood.
What the panel of John Heilemann, Marianna Sotomayor, Kimberly Atkins Stohr and Brendan Buck really fear is the pesky system within our constitutional republic we call ‘federalism’. They need to keep their attacks against Donald Trump cast in the role of eliminating baby Hitler simply to avoid confronting the flaws in their own ideological arguments. They fear freedom. They need the collective. Individual liberty is against their own sense of self and purpose.
If you listen through their nonsense (not for the faint of heart), all of the panel apoplexy boils down to individual states in control of their own elections. What they fear is federalism itself, which makes sense when you remind yourself there are two generations of leftists who were taught that collectivism (the we are the world crap), where only one centralized federal government, of all consuming power and authority, should be allowed to make decisions. WATCH:
While it would be fun to debate a group like this, the core of their fear is a diminishing ability to control. As CTH reminds frequently, the need for control is a reaction to fear. This applies in all levels of social society from elections to COVID responses. Elites need control, because at their core they fear the inherent inequity of freedom.
Sally Struthers pleads into the camera for donations to feed the starving child in her arms in Africa… leftists swoon, and the U.N. activates. Meanwhile, some pragmatist watching the commercial leans over to her husband and says, “I wonder why the cameraman didn’t just give the kid a sandwich”?
Control is a reaction to fear. Think in terms of politics and society – the fear behind leftist politics is the fear that someone might withhold things (opportunities, money, whatever) from me. Fear that if you live your life in a way I dislike that it might affect my life. Fear that if you get that job, there will be nothing left for me. Fear that if you make tons of money, it means there’s less money out there for me. So, people who believe in leftist ideologies seek control as a means of trying to create guarantees and safeguards against those circumstances they fear.
The DC UniParty knows exactly how to exploit that fear, and both Democrats and Republicans love to provide those guarantees and safeguards.
ABC/IPSOS are trying hard, very hard, to provide cover for Joe Biden. [IPSOS Release Here – pdf data Here] However, even within what they call a “probability-based sample of pre-selected” Americans, aka “the knowledge panel“, the responses toward Joe Biden show a nationwide rejection of the White House occupant.
A heavily weighted sample of 28% support Biden’s efforts on inflation. The rest of their pre-selected panel say he sucks.
Another weighted sample shows 36% think Biden is doing a good job on crime. The rest of their pre-selected panel say no, Biden sucks.
(Via ABC) President Joe Biden is facing significant skepticism from the American public, with his job approval rating lagging across a range of major issues, including new lows for his handling of crime, gun violence and the economic recovery, a new ABC/Ipsos poll finds.
[…] More than two-thirds of Americans (69%) disapprove of how Biden is handling inflation (only 28% approve) while more than half (57%) disapprove of his handling of the economic recovery.
[T]he survey also reveals weaknesses from Biden’s own party with only a slim majority of Democrats (54%) approving. Biden’s orbit is also hemorrhaging independent voters, with 71% disapproving of his handling of inflation.
[…] As the national murder rates see historic jumps, only a little more than 1 in 3 Americans (36%) approve of Biden’s handling of crime, down from 43% in an ABC News/Ipsos poll in late October. (read more)
The White House strategy to deny chaos created by their policies, and yet demanding that media report good things about Main Street collapsing, does not seem to be working. Apparently, an overwhelming majority of Americans now believe what they see and feel for themselves. (more…)
It was always Chris Wallace’s job to protect the DC interests by tamping down any sunlight upon corrupt UniParty politics. That’s the reason why CTH called Wallace the deep swamp ‘gatekeeper‘ for a decade.
Wallace, the top player amid many such players at Fox News, was always a narrative platform provider to distribute media points that supported the institutional administrative state in DC. However, thanks to the rise of pragmatic conservatism, a movement created by Donald Trump and commonly identified as MAGA, in recent years more people have caught on to how this insufferable media game is played.
Chris Wallace was increasingly becoming naked to his audience, and as a direct outcome, increasingly useless for propaganda distribution. Today, the functionally obsolescent gatekeeper announced, effective immediately, he was leaving Fox News. Moments later, CNN announced Chris Wallace was joining them. In essence, Wallace moves from controlled opposition to direct opposition. WATCH:
Wallace was not the first departure. The increased public awareness of the manipulative construct that is Fox News (writ large) is the same reason why Steve Hayes and Jonah Goldberg were released. That is also the same motive for Fox hiring Dan Bongino.
Although it is yet to be announced, the Fox News contracts for Sean Hannity and Laura Ingraham also will not be renewed after their current terms expire. With more people finding more places where genuine source material facts are cited with sunlight, the ability for controlled opposition pundits to thrive is demonstrably lessened.
Traditional cable news is modifying itself accordingly with subscription based services.
Several people have emailed asking for opinion on the Yahoo News article [READ HERE] outlining Ali Watkins as a victim of the horrible investigative apparatus that targets journalists who are involved in leaking and denying leaking, “Top Secret, Classified Information” from their narrative engineering positions. {{Insert Eyeroll Here}}
Having read the lengthy article a few times, there are some interesting aspects and also a lot of nonsense in the grand scheme of things. The motive for the article appears to be a defense against government investigating journalists, and a sub-sector of one of the intelligence agencies (Customs and Border Patrol) having a semi-rogue actor named Jeffrey Rambo. Ali Watkins was contacted by Rambo in 2017 based on his discovery of her connection to Senate Intelligence Committee Security Director James Wolfe.
You have to read the article [HERE] to see where the author, Jana Winter, is coming from. Overall, the article is a little weird and defensive, and frames a position that secretive U.S. government agencies should not be conducting surveillance on U.S. journalists. Much of the article is not too interesting to anyone who is not a journalist. However, there are a few parts worth noting. One paragraph specifically, which I’ll get to.
First… The author Mrs. Jana Winter and Ali Watkins are lying about a very key point. Watkins claims James Wolfe never leaked any classified information to her, and Jana Winter makes that point repeatedly. This is a lie, they are liars – [sue me]. James Wolfe did leak classified information to Ali Watkins, who was writing for Buzzfeed at the time, which Watkins then shared with her friends and peers in the media. One specific classified leak was the Carter Page FISA application, which Wolfe leaked to Watkins in March of 2017.
I’m only posting this brief video from Joe Biden’s statement yesterday as yet another example of how ideological Democrats espouse support for democracy yet take action to nullify democracy they don’t like.
When the majority of American people articulate positions leftists support, democrats call that democracy. However, when the majority of American people articulate positions that leftists do not support, democrats call that extremism.
When questioned about what Joe Biden would do if the Senate passed legislation to remove his vaccine mandate passes the house of representatives, the White House said Thursday Biden would veto the bill and ignore it. Less than 24 hours later, Joe Biden was warning his audience about autocrats undermining democracy.
Nobody, and I mean n.o.b.o.d.y, ever calls out these people, specifically Democrats in leadership like Joe Biden for this hypocrisy.
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I would remind everyone of another example given by Joe Biden in September.
In this next semi-coherent 90 second soundbite; the content of which flies over the head of the provider, Politico; Joe Biden is telling the media about his conversations with Chinese Chairman Xi Jinping and Russian President Vladimir Putin.
Biden says that both Xi and Putin are “autocrats” who dictate to the citizens of their nations, and in conversation with them – those leaders have questioned the viability of ‘western democracy‘ in an era where polarization of the electorate is so extreme. Biden is calling them “autocrats” and trying to defend “democracy”…. ok, you with me? Now, WATCH:
This Neil Oliver monologue hits on many key aspects to the propaganda around COVID. As Oliver notes, while the elites were selling fear as a tool for their control over the proles, those same elites were partying, dancing and gathering last Christmas.
Looking forward, Oliver implies a resounding “f**k you” for Christmas 2021 as everyone should enjoy this holiday in the traditional spirit of the season, while dispatching the insufferable fear the elites attempt again. Stay with it, because these words get better as Mr. Oliver piles on the common sense, and cuts through the lies. WATCH:
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Neil Oliver is correct. Hope and joy are the necessary human elements beyond all other facets of life. Give the gift of hope and joy to those you love by first reminding yourself of the gift that a loving God has given us all. It is too easy in our human sense to forget the biggest gift we have been granted, the gift of life. The ability to live and choose how we engage in the lives of others.
No politics or false sense of security can overwhelm the message of HOPE that a loving God has provided. No effort of man nor human disposition can surmount the greatest love of all. The message of Christ’s birth is bigger and greater than any legislative battle. “No power of hell, nor scheme of man” can come close to the purpose of God’s intent and love for you as a unique person qualified to receive that love.
Wrap yourself in the secure blanket of that unconditional love, and rejoice in the celebration of this Christmas with purpose. YOU are worth it.
Christ’s birth was the truest and purest proof of our value. Rejoice!
He left a throne to be born into a manger as a baby, to grow into a Man willing to lay down His everything for us. Rejoice!
Florida Governor Ron DeSantis is proposing an interesting legislative approach to curb the White House illegal immigration process. In essence, what the Florida legislature will be enacting are laws that restrict any private company from doing business in Florida if they are participating in the federal programs to distribute illegal aliens.
If a federal contractor facilitates the transport, housing or subsidy of an illegal alien into Florida the state will block that contractor from any state level business relationship. “The legislation proposed today will make clear that the State of Florida will not provide any discretionary benefits to illegal aliens and will also prohibit state and local agencies from doing business with any private entities that facilitate the resettlement of illegal aliens in the state of Florida from the southern border. “
The outline is available [HERE], and the Florida Governor appeared on Fox News to discuss the legislation. WATCH:
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…. Meanwhile, in New York state they are back to forcing everyone to wear a mask or face a $1,000 fine. The contrast in applied federalism is getting even more remarkable.
Yikes! This Christmas version of the Safari Park warning is as subtle as a brick through a window.
The Los Angeles police are telling the public not to come into the area for Christmas because it’s like “The Purge” movie.
LAPD Detective Jamie McBride recently told media, “My advice to anybody considering coming to Los Angeles is ‘Don’t,’ he said. “We can’t guarantee your safety. It is really, really out of control […] It’s like that movie ‘Purge’ [sic]. Instead of 24 hours to commit your crime, these bad people have 365 days to commit whatever they want.” WATCH:
The deeper blue the region, the more dangerous the crime within it. This is the natural outcome of policy on a local level that allows criminal elements to operate without fear or accountability. Smash and grab robberies, armed robberies, carjacking, looting and the general breakdown of law and order is well underway in the municipal regions under the control of the Democrat Party apparatus.
These outcomes are the natural cause and effect from leftist policy being carried out. This is exactly the type of social anarchy that is predictable from a process of demonizing law enforcement, promoting social justice and letting the criminal elements within society take over.
The evolution of the Safari Rules has been ongoing for several years; however, now it appears the point of no return has been crossed. The situation is no longer reversible, because the law enforcement mechanisms have been deconstructed entirely. Additionally, the application of law and consequence has been withdrawn from the system.
A heavily weighted sample of 28% support Biden’s efforts on inflation. The rest of their pre-selected panel say he sucks.