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Home Depot Cuts Forecasts, Target Earnings Suffer – Watch Comparable Same Store Sales, Now We Are Cycling Sales Value of Inflation

Those of you who are keen financially minded individuals will note exactly what is happening in these recent reports, HOME DEPT HERE – TARGET HERE.  Those of you who are retail investors in the stock market might also see the bigger picture.

Home Depot and Target essentially share the same customer base or market audience. They service a larger segment of the American middle class.  Both companies are reporting negative financial outcomes as a result of low comparable sales, or same store sales comparisons, to last year.   This should not be a surprise, yet Wall Street is seemingly caught off guard.

Right now, we are on the tail end of the massive inflation cycle that took place in 2021 through 2022.  Current inflation, as measured by the rate of price increase over the same period last year, is lower.

Now we are starting to see companies reporting sales comparable without the benefit of massive inflation to assist.

Example – when inflation is running at 10%, a company can report 8% sales growth, and everyone smiles.  However, the sales growth was created by the inflation.  The actual unit sales of goods have declined; the store is reporting higher sales because the prices are higher.  When the sales cycle through to lower inflationary comparisons, the drop in unit sales shows up as drops in topline sales.   This is the cause of both Target and Home Depot now reporting lower than expected comparable sales versus last year.

In real terms, this is why using sales data as a measure of economic growth is less valuable during periods of high inflation.  Significant inflation hides the diminished sales of units, which should be the true measure of sales growth.  I have been tracking unit sales as a measure of economic activity, and the truth is that unit sales have been declining since the fourth quarter of 2021.

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The Trump-Russia Collusion Conspiracy Was a Coup D’état

The bottom line is that everything the Obama justice department, IC and FBI did, to include support from Republicans in congress during the 2016 election and aftermath, was a coup d’état against U.S. President Donald Trump and his administration.  This is the truth of the thing.

The U.S. media participation and subsequent denial of their culpability looks increasingly pathetic in the aftermath of the report outlined by Special Counsel John Durham. However, it doesn’t take a media admission of the coup effort for the demonstrable actions and evidence of the coup to be factual.

Read THE REPORT, all the evidence is there. The truth stands alone, regardless of the discomfort it creates. {Direct Rumble Link} WATCH:

Under impeachment standards created by our constitutional republic, it takes a vote in the house to begin an impeachment investigation. The impeachment investigation then produces a finding which is delivered to congress and a vote is held.

John Durham spent four years conducting the investigation. The report outlining the coup is complete and delivered to congress.  The only thing needed is a vote.

This might make House Speaker Kevin McCarthy very uncomfortable.  However, do or do not, there is no ‘TRY’.

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Durham Found Zero Merit to Trump Russia Claims, So What Was Mueller Doing for Two Years?

People ask why I find it difficult to write about the Durham report empirically confirming everything we previously outlined in the past five years.  Here’s my answer.

Eventually, after the shock & awe of the Durham confirmations wear off, I am hopeful that people will stand back and realize the bigger question that covers all of the Trump-Russia collusion conspiracy nonsense.   This was a United States government operation to conduct full-throated surveillance on a U.S. presidential candidate, and then remove that candidate from the office of the presidency after his victory in the 2016 election.

With John Durham outlining in granular details how the FBI, DOJ and larger intelligence apparatus acted politically to weaponize government on behalf of an allied presidential candidate in Hillary Clinton, a bigger question remains.  There never was any merit to the Trump-Russia nonsense, so what exactly were Robert Mueller and Andrew Weissmann doing for two years?

Using the silo defense as a method of obfuscation, John Durham noted in his report [page #2] as below, never delved into that obvious question.  Durham specifically, and with great intent, says he did not look at what Mueller and Weissmann were doing; even though, Durham destroyed any predication that might have given merit to the intention of their special counsel existence.

Durham writes a 316-page report, meticulously detailing the false construct of the Trump-Russia narrative.  Yet for some reason, the Mueller/Weissmann investigation, an entire special counsel investigation that was predicated and justified by that false Trump-Russia narrative, never found the same evidence?

Durham never looked at it.  Why? Because he knew Robert Mueller and Andrew Weissmann were installed to cover up the original fabrications by the CIA, FBI, DOJ and U.S. intelligence apparatus.  Mueller’s probe existed in material fact to hide the Obama weaponization to target Donald Trump.   Durham knew this; that’s why he never touched it.

Stop pretending.  Once you stop pretending, you realize just how rotten this system is.

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Study Puts Data Together Showing Joe Biden Inflation Impact on Pet Food Products

We have talked about the stunning price increases in pet foods during our discussions about food price overall.  However, a remarkable study by Veterinarians Org gives some context to just how much the Joe Biden inflation has driven up the cost of pet foods. [ARTICLE HERE]

Mostly driven by Biden’s created inflation hitting raw farm materials, energy prices, manufacturing and transportation costs, the prices for the most popular wet and dry dog foods have skyrocketed.

One in four pet owners have even contemplated giving their animal up for adoption because they can no longer afford them.   This is terribly sad.

(Veterinarian Org) – […] The largest percentage increase compared to 2020 prices is for a wet dog food product by PEDIGREE, which has increased by 207% compared to its 2020 price.

The largest dollar amount increase compared to 2020 prices is for a dry dog food product by Royal Canin, which is currently $43.99 more expensive per bag than it was in 2020.

In a recent Veterinarians.org survey of 1,000 U.S. pet owners, 50% of respondents indicated having to shop for cheaper alternatives to pet food as a result of rising costs. Pet owners also found themselves shopping for cheaper alternatives to pet treats (41%), pet toys (34%), and pet health supplements (28%).

55% of surveyed pet owners indicated having to cancel pet food subscriptions on Chewy.com, Amazon.com, or through a raw food/pre-cooked meal service as a result of rising costs.

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Devin Nunes Gives His First Assessment of Durham Report

Appearing on Newsmax, former Republican Chairman of the House Permanent Select Committee on Intelligence (HPSCI), Devin Nunes, gives his first assessment of the Durham report as it was released mid-day Monday. {Direct Rumble Link}

Devin Nunes was one of the first people in congress to realize the FBI, DOJ and Obama-era intelligence community were conducting full surveillance of candidate Donald Trump in 2016.  Nunes statements in March 2017 preceded the counter offensive narrative launched by Senator Mark Warner in collaboration with then FBI Director James Comey. WATCH:

House Judiciary Committee Chairman Jim Jordan has reportedly invited John Durham to testify before the committee May 25th.

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John Durham Releases 316 Page Report About FBI, DOJ, Intelligence Community and U.S. Govt Targeting Donald Trump

Special Counsel John Durham has released a highly anticipated 316-page report outlining corrupt U.S. activity during the targeting of presidential candidate, president elect, and subsequent President, Donald J Trump.

[FULL REPORT pdf HERE]

I have completed my first review of the report, and suffice to say the details within it are not new.  The majority of the reaction so far has been centered around how Special Counsel Durham is not prosecuting anyone for their corrupt conduct outlined within the report.  However, for the sake of this first review, I will draw attention to a few aspects you will likely not see discussed anywhere else.

Please note this detail found at the bottom of page 3 and top two lines of page #4:

[…] “The Office exercised its judgment regarding what to investigate but did not investigate every public report of an alleged violation of law in connection with the intelligence and law enforcement activities directed at the 2016 presidential campaigns.”

As perhaps the only person who tracked down and subsequently interviewed the investigators on the Durham team, and as a person who subsequently came away with a full understanding of how the silo operation inside this investigation was going to play out, I can reasonably assure you that notation and reference by team Durham is entirely directed to us.

That statement above tells us why none of the DC politicians who engaged in specific violations of law were criminally charged. This is part of the silo effect within government, which I will explain later.  As a good friend said, “Yeah great, but we don’t have badges.”  So, we went to the badges with the evidence, but the badges did not want to act upon the evidence, because it would have been, in their estimation, too damaging to the framework of our government.

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A Stunned Maria Bartiromo Discovers the Chaff and Countermeasures Committee

Mrs. Maria Bartiromo is good at pretending, very good. However, CTH has never pretended or played the game of pretending and we can spot a pretender a mile away.

The game of pretending is needed in order to retain the illusion of the Potemkin Village of DC.  A construct manufactured by the power structure that exists behind the puppet show, with the full intention to distract us.  Pretending is what gives rise to a Florida governor on a ‘book tour’ run for 2024. Pretending is what kicks the can of accountability away until it can be buried.

Pretending is needed in order to say Republicans will make a difference, or the black eye doesn’t hurt, and look he bought me flowers.  Perhaps some reminders and clarifications of the real game inside DC politics are needed.  After all, I am this close > < to going back into that mess to destroy some silos.

The House Oversight and Government Reform Committee, hereafter called the House Oversight Committee or HOC, has a very specific function in DC circles that too few understand.  Once again, let us be clear while trying to explain decades of false information founded upon arcane legislative outlooks.

Understanding the DC game of Chaff and Countermeasures…. A “Countermeasure” is a measure or action taken to counter or offset a preceding one.

Politically speaking, the deployment of countermeasures is a well-used tactic by professional politicians in Washington DC to counter incoming public inquiry and protect themselves from anger expressed by the electorate.  The Republican leadership are very skilled in the management of “chaff” (outrage), and “countermeasures” (the distraction).

Within Washington DC, the HOC has a very specific and unique function.  What Fox News is to corporate conservative punditry, so too is the HOC to the same DC system of pretending.  The House Oversight Committee is the “Chaff and Countermeasures” committee.  The HOC operates for both parties with the same mission.

The House Oversight Committee was/is created by the House legislative leadership to make money for the party in control of the Chair.  When the House Speaker is notified of a DC corruption issue, inside his/her office they will often be heard saying, “give it to oversight.”  The intent of that instruction is to give the issue to the HOC, so they can hold hearings, create soundbites and fundraise from the issue.

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Sunday Talks, James Comer Says 9 out of 10 Biden Crime Witnesses are in Jail, Court or Missing

House Oversight Committee Chairman James Comer reappears with Maria Bartiromo today to update on the status of the Biden crime family investigation. {Direct Rumble Link Here}

During the interview Chairman Comer informs Ms Bartiromo that nine out of ten people that would be considered material witnesses for the intent of the committee investigation are either in jail, in court, or missing.  Additionally, Comer states those who do have information are intimidated and fear for their lives. WATCH:

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Anheuser-Busch Tells Beer Distributors Not to Worry, This Too Shall Pass

Last week it was reported that Anheuser-Busch CEO Michel Doukeris told investors during a conference call that Budweiser product sales drops in the U.S. and North America were no big deal when contrast against the global sales of the brand. “The Bud Light volume decline in the US over the first three weeks of April, as publicly reported, would represent around 1% of our overall global volumes for that period,” Doukeris said on the call. He focused attention on the company’s global reach, saying that Bud Light is just one beer within its portfolio and it’s not changing the company’s full-year outlook. {link}

Apparently, USA beer drinkers, specifically those who do not want to be identified as transgender men, are an insignificant bunch amid the world of beer drinking consumers.  However, Doukeris might start paying a little more attention as the decline in total A-B products in North America is starting to become more significant. {Source}

It’s interesting that Coors Light and Miller Lite have sales increases surpassing the sales decline of Bud Light.   This would seem to indicate hard brand switches, but Anheuser-Busch in North America held the corporate line and yesterday {source} told their distributors not to worry.

ST. LOUIS – Anheuser-Busch’s distributors from around the country met in St. Louis on Thursday. They heard firsthand about changes being made regarding the Bud Light transgender controversy.

Anheuser-Busch invited the distributors to the downtown Hyatt hotel for a yearly meeting on summer marketing plans. It was the first such meeting since transgender influencer Dylan Mulvaney’s viral social media posts with Bud Light in early April. She received a special edition can with her picture on it. 

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Former Disinformation Governance Czar Nina Jankowicz Sues Fox News for Defamation

Whether you believe Fox News intentionally created this opening, or whether it was just a disastrous mistake on behalf of a multi-billion corporation with a full suite of lawyers they chose not to use, Rupert Murdoch’s Fox Corp created a problem in the Dominion settlement that is only going to get worse.

Once you expose yourself to the vulnerabilities of Lawfare, the leftists will pour through the opening like Central American aliens in Texas.  Funded by allies in the cultural and political battle, former DHS Disinformation Czar Nina Jankowicz is now suing Fox News for defamation of her character and reputational harm.

NEW YORK – The head of the short-lived Department of Homeland Security (DHS) disinformation board has launched a defamation suit against Fox News, alleging the network published false reports about her that endangered her life.

Nina Jankowicz was tapped to lead DHS’s Disinformation Governance Board, and though the board never held a meeting, it was heavily criticized by the GOP and was regularly covered by Fox News.

The purpose of the board was to coordinate disinformation efforts at DHS across topics ranging from migration to addressing plots from Russia and Iran.

The Republican National Committee dubbed it the “Ministry of Truth” in a nod to George Orwell’s novel “1984” and couched disinformation as “any speech we don’t like.”

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