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Fed Chair Jerome Powell States Ongoing Rate Increases Are Appropriate Given Strength of Labor Market

This guy is really a piece of work.  Fed Chairman Jerome Powell delivers remarks to the pontificating pustules at the DC Economic Club.  Within his remarks, notice how Powell used the word “disinflation” to describe how prices are starting to drop in the “goods sector.”

Of course, durable goods are dropping in price, fewer consumers have any money to buy them.  Yes, excess manufactured goods created by the disappearance of buyers will naturally lead to lowered prices by those who need to sell them.  Our economic problem is not, and was not, ever an outcome of excessive demand for durable goods.

Our economic problem is the scale of energy price increases that are chewing through paychecks and driving up the costs of high-turn consumables like food.

Massive price increases for food, fuel, energy, electricity, home heating and natural gas eating up paychecks.  There is no room for discussion about the next phone, refrigerator, or new car that might be needed.  Simultaneous to ignoring this issue, Chairman Powell is giddy that wages are not rising.  WATCH:

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Jim Jordan Outlines FBI Whistleblowers Currently Giving House Judiciary Transcribed Testimony

Interesting background stuff.  The House Select Subcommittee on the Weaponization of the Federal Government has scheduled their first committee hearing for Thursday, February 9th at noon [LINK].  There are no details on the agenda for the first meeting; however, there are indications of the seed and targeting process that is being used.

According to a press announcement today from House Judiciary Chairman Jim Jordan, who is also the Chairman of the select subcommittee, the larger Judiciary Committee is currently taking transcribed testimony from FBI whistleblowers about the political targeting within the Dept of Justice.

Against that backdrop, it is possible -perhaps likely- the agenda for the select subcommittee will be tailored as an outcome of those whistleblower depositions.  This would seem to make sense as the scope of the subcommittee needs to be narrowly tailored and focused on specific operations by government officials.  Using the whistleblower testimony to frame the investigation of the subcommittee makes sense, in that the testimony creates the basis for the investigation to follow.   First, here’s Jordan today:

The FBI whistleblower depositions will likely form the first material for the Select Subcommittee to discuss.   This structure provides a two-prong approach toward sunlight on the larger issues at stake.

The main House Judiciary Committee has constitutional oversight over the DOJ and by consequence the FBI.  The detailed discoveries are then passed down to the select subcommittee for further investigation.  Hopefully, everyone can see the benefit to that approach.  Judiciary holds bigger issues, then hands-off the smaller, perhaps deeper individual cases to the subcommittee for follow-up.

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Giddy Up, Elon Musk Identifies the State Dept Origin Behind Twitter Content Control Mechanisms

… He still hasn’t identified the source code, the proverbial ghost in the machine, buried deep in the algorithmic code; however, Twitter owner Elon Musk has finally identified the agency within the U.S. government who spearheaded the creation.  The “Global Engagement Center” (GEC) of the State Dept.

The GEC mission is described as, “To direct, lead, synchronize, integrate, and coordinate U.S. Federal Government efforts to recognize, understand, expose, and counter foreign state and non-state propaganda and disinformation efforts aimed at undermining or influencing the policies, security, or stability of the United States, its allies, and partner nations,” (link).   However, when you overlay the expanded Dept of State mission that Obama delivered, transferring GEC intent to domestic operations, suddenly the background of Jack’s Magic Coffee Shop makes sense.  [Musk Tweet Link]

[Musk Tweet LinkGEC Center Link]

Readers here are so far ahead of the curve on this story, it’s kind of cool, funny, and yet frustrating at the same time.  Jack’s Magic Coffee Shop is all a wild conspiracy theory born from the oddly wired brain of some dude in the corner of the internet; until suddenly it’s not.

Factually, it has been staring at everyone since the operation began in 2011, yet no one was willing to believe it.  Apparently, Elon Musk is starting to realize what is inside the communication platform he purchased.

For several years, CTH has been outlining the relationship between DHS and social media.  Currently, the headlines are filled with stories about Twitter and revelations of censorship and government influence coming from the purchase of the platform by Elon Musk.  However, as I said from the outset of this new moment, I promise you things are not what they seem.

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FTX Asks for Political Donations to Be Returned – First Full List of Recipients Released

Axios is positioning this announcement as FTX asking for political donations to be returned.  However, the request is realistically from the FTX debtors.

(Via Axios) – Bankrupt crypto exchange FTX is sending notices to former donor recipients asking for the donated funds to be returned, the company said in a press release Sunday.

Why it matters: Former FTX CEO Sam Bankman-Fried and FTX Digital Markets Co-CEO Ryan Salame were two of the largest political donors during the last election cycle. Now the company’s debtors want the money back.

    • Bankman-Fried primarily backed Democrats and was the party’s second-largest donor last cycle with around $37 million in contributions.
    • Salame’s $19 million to Republicans made him the party’s 10th largest donor.

The big picture: FTX’s debtors are confidentially contacting “political figures, political action funds and other recipients of contributions or other payments.” (more)

Additionally, the Twitter Account “Unusual Whales” which tracks and researches financial transactions, has published the first list I have seen that makes it easy to see who FTX donated to.  The list IS HERE and is alphabetized.

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Sunday Talks, Former DNI John Ratcliffe Gives His Opinion of “Chinese Spy Balloon” Story

The more I see how much attention was exhausted focusuing on the Chinese balloon, the more I am inclined to believe the attention was manufactured by internal deep state operatives.

Secretary of State Anthony Blinken cancelled his trip to China over the spy balloon issue, and beyond the general cancellation, he also cancelled a rare meeting with Chairman Xi.   Xi never almost never meets with foreign ministers, only Presidents and Prime Ministers.  So, what gives?  Did the intelligence community expose the balloon crossing to stop the Xi/Blinken meeting?  I don’t know, but something is fishy.

Former Director of National Intelligence (DNI) John Ratcliffe gives his .02 cents.   Ratcliffe takes the position that it was an intended spy and surveillance operation by China, and it was successful. WATCH:

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Sunday Talks, Cohn and Brennan Talk Gleefully About the Return of the Service Driven Economy Under Biden, Happy with No Wage Growth

This is one of those interviews where you don’t have to take my word for what is being said, Gary Cohn and Margaret Brennan are gleeful about the January jobs report and the overall return of the U.S. economy to a service driven system with low wages.   Seriously, this is them celebrating out loud.

In order to calm the Wall Street apoplexy about his election victory, President Trump selected Gary Cohn to be an economic advisor early in the administration.  However, it was also no surprise that President Trump did not follow Cohn’s advice, and quickly dispatched him after Cohn protested.  In this interview the worldview of Cohn is typically globalist, multinational and Wall St centric.

Talking about the January jobs report, Cohn literally gets everything wrong from the position of Main Street USA.  Cohn also celebrates what he calls the “renormalization of the new economy.”  Continuing with his thought process Cohn states, “A lot of the jobs that we saw were jobs in the service industry, the service, the industries coming back very strong because we’re starting to see the economy go back to what we historically think of the economy,” he said.  This is exactly how Wall Street, and the multinationals look at the U.S. economy.

The next part that both Cohn and Margaret Brennan celebrate is even more sunlight. “The interesting thing about last month’s unemployment numbers is we brought people back to work, but we did not have to entice them with pay,” Cohn stated. “So, the monthly, the month over month number in wage gains was 30 basis points. The prior month was 40 basis points. So, we’re seeing we’re getting people back into the labor force for a lower wage than we were prior to this,” he said.   With higher prices (inflation) crushing the middle-class and service workers, the multinationals Cohn represents are celebrating that they don’t have to pay workers higher wages.  WATCH:

[Transcript] – MARGARET BRENNAN: So 517,000 new jobs, but a lot of companies, particularly in tech, are announcing layoffs. So exactly where’s the economy headed?

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DNC Approves Obama, Clyburn Plan for South Carolina to Lead 2024 Democrat Presidential Primary, Media Call It “The Biden Plan”

In the last several weeks I have been saying to watch the state of South Carolina for how both Republican and Democrats wings of the UniParty, RNC and DNC respectively, plan to use South Carolina as the mechanism for the 2024 illusion of choice.  What I call the RNC and DNC roadmaps.

Essentially the RNC/DNC constructs are the roadmaps, from the club system – two private corporations, to control the 2024 primary election outcomes.

This is all about controlling the mechanisms of elections and creating the illusion of choice while the invisible hands of the big donors and club officers control the operations.

You might remember how South Carolina was the inflection point for Biden in the 2020 primary.  It was the SC primary when former President Obama (Black Lives Matter) and Congressman James Clyburn (AME Church network), aligned to select Joe Biden as the control mechanism to ensure Bernie Sanders was defeated.

Team Obama was operating with a sense of urgency because momentum was with Sanders and all other candidates including Biden were fractured.

Obama and Clyburn selected Biden due to his ability to be controlled.  Most of the Obama administration now operates inside the Biden administration controlling the outcomes.   Part of the ‘what’s in it for me’ aspect from Clyburn was the promise of increased influence and affluence.  Including the pre-approval, first right of refusal, for the Biden VP pick (ultimately Kamala Harris).

For 2024 the movement of South Carolina is being pushed to the base voters of the DNC through the social justice narrative about needing a more diverse state for the first DNC primary contest.  No good Democrat political activists can counter that culturally approved party position.  Predominately white states are bad, more diverse states are good. Thus, under this “diversity” premise, there can be no opposition or dissent from the party base.  The justification is a political minefield.

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President Trump Also Watching RGA for Background Moves in 2024

Of course, he is.  President Trump is not only running against the Democrat candidate in 2024, likely Newsom, but he’s also running against the Republican establishment candidate in 2024, most certainly DeSantis.

As such, President Donald Trump is noting the same strategic plays that we are.  Fortunately, he’s keeping an eye on how the Republican Governor’s Association (RGA) is intending to execute their anti-MAGA moves against the base working class voters. [Trump Truth]

[Background Article]

Again, for emphasis, despite accusations and ridiculously unfounded assertions, I have no affiliation or contact with anyone in/around the campaign.  However, as with the prior election(s) in ’08 (McCain), ’12 (Romney), ’16 (Jeb!), and 2020 (Biden), the Republican establishment roadmap is complex in a Machiavellian way, yet easy to spot if you know their objective. [Prior Resource Article on RGA ‘2022 Background Moves Here]

It is affirming to see that President Trump is watching these same tripwires as they are triggered.

As soon as Ron DeSantis makes his ’24 announcement (likely May, June or July – but he will be the last to enter), it will be the RGA who trigger the first wave of attacks against the MAGA base of voters.  Together with the controlled GOPe field, they will trigger a sequential process for Republican governors to align with DeSantis.

Ahead of the DeSantis announcement, those who are aligned with the playbook will start to come in next, beginning with Nikki Haley on February 15th.  Each will have a billionaire donor class financier assigned to their specific SuperPAC support system.   I would expect Chris Sununu to quickly follow Haley.

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The CORE, the ESSENCE, the CORNERSTONE of Globalism – The “Exfiltration of Wealth” – One Exceptional Example

This is so critically important to the understanding of the core, central element where the globalism atom splits and the resulting destruction begins, that I must pause all personal recovery efforts -immediately- and explain.   This is an incredible example of where corporations and government merge.  This is the atom split. This is the root, the nub, the place where “trillions at stake” takes context.

Strong HatTip to Gateway Pundit for this exceptional video and example {Direct Rumble Link Here}.  The understanding comes via a Canadian dairy farmer, who, like thousands of other farmers around the world, is a private business under government control.  This example is about dairy, specifically milk, however, the underlying premise goes much further.

This is modern corporatism, the nexus of govt intervention, regulations and the multinational exploitation of industry.  This is also the globalist example that shows how the concepts of “capitalism” and “free markets” have been destroyed.  First, watch the video:

What you are witnessing in that video is something we have talked about at length for years.

Influential people, politicians (rules) and corporate leaders (profits), both with vested financial interests in the process, have sold a narrative that global manufacturing, global sourcing, and global production is the inherent way of the future. The same voices claimed the American economy was/is consigned to become a “service-driven economy.”

What was always missed in these discussions is that advocates selling this global-economy message have a vested financial and ideological interest in convincing the information consumer it is all just a natural outcome of economic progress.

It’s not.

It’s not natural at all. It is a process that is entirely controlled, promoted and utilized by large conglomerates, lobbyists, purchased politicians and massive multinational corporations.

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Must Watch – Mark Houck Recounts the Story of His Fight Against Evil Enterprise and the DOJ

In his own words, Mark Houck appears with Steve Bannon to describe the events that led to him being arrested by the FBI and fighting a legal battle with the DOJ.  An incredible story of valiance against evil enterprise. {Direct Rumble Link} WATCH:

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Part II Below

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