Quantcast

European Union Inflation Hits Record 8.6 Percent for All Nations Using the Euro

It is interesting to remember the recent comments from Christine Lagarde, the president of the European Central Bank, who outlined the EU energy crisis as the heart of the current inflation rate in the eurozone.  Lagarde discussed inflation in Europe while drawing a distinction in COVID-19 spending between the EU and U.S.

Essentially, according to Legarde, the EU subsidized businesses to maintain employment; the EU covered payroll expenses during lockdowns, while the U.S. sent direct payments to the American people who were impacted by the lack of work (basically everyone).

Lagarde outlined this difference in spending approach to explain why the Eurozone inflation was less than U.S. inflation.

How long did that EU Central Bank explanation hold up? Approximately two months.

The U.S. inflation rate is currently estimated at 8.6%, and today the eurozone inflation rate just reached,…. wait for it,…  Yep, an exact match at 8.6%.

LONDON (AP) — Inflation in countries using the euro set another eye-watering record, pushed higher by a huge increase in energy costs fueled partly by Russia’s war in Ukraine.

Annual inflation in the eurozone’s 19 countries hit 8.6% in June, surging past the 8.1% recorded in May, according to the latest numbers published Friday by the European Union statistics agency, Eurostat. Inflation is at its highest level since recordkeeping for the euro began in 1997.

(more…)

Bill Gates Wins Legal Approval to Purchase Another 2,700 Acres of Farmland in North Dakota Bringing Total Ownership to 270,000 Acres

It’s not a secret that billionaire Bill Gates wants to radically change the process and outcome of farming, agriculture and ultimately food humans consume, in order to follow his climate change ambitions.  Bill Gates has been advocating for the removal of cows, pigs and animal-based protein for multiple years.  This is not a revelation.

However, what is new, is the amount of farmland that Bill Gates is purchasing.  Why would an entrenched climate change ideologue who wants to change food production be purchasing over a quarter million acres of prime farmland?

North Dakota – Bill Gates has secured legal approval for the controversial purchase of thousands of acres of prime North Dakota farmland, after the deal drew fury from the state’s residents.

The state’s Republican Attorney General Drew Wrigley had inquired into the land sale, and on Wednesday issued a letter saying the transaction complied with an archaic anti-corporate farming law. The Depression-era law prohibits corporations or limited liability companies from owning farmland or ranchland, but allows individual trusts to own the land if it is leased to farmers, which Gates intends to do.

Gates is the largest private owner of farmland in America after quietly amassing some 270,000 acres across dozens of states, according to last year’s edition of the Land Report 100, an annual survey of the nation’s largest landowners.

(more…)

Wall Street Advocates Begin Admitting Demand Side Economy is in Free Fall

Keep in mind as you review this article from the Wall Street Journal that every corporate (think Wall St) media outlet, has claimed for well over a year, that inflation was predominantly a demand side issue.  In essence, consumer demand was so strong that prices were rising because of it.

The demand side argument/justification for inflation was always false.  However, it was/is still the claim made by members of the Biden administration and almost every board member of the federal reserve.

All of them, almost universally, dismissed the supply side inflation argument which is the reality at the epicenter of inflation causation.

Inflation was/is an exclusive outcome of three supply side aspects which merged simultaneously: (1) the Joe Biden energy policy, (2) the Joe Biden promoted covid response via legislative spending, and (3) the promoted Biden administration monetary policy.

While the legislative spending did create artificial economic activity, all of these inflationary sources are supply side impacts.

The demand side claim for the origin of inflation was always a ruse, a con, a complete farce intended to backstop the claim that inflation would be “transitory” once consumer spending moderated.   From that perspective every approach from government toward controlling inflation was wrong.  Not wrong by accident, wrong as a matter of deceit and purposeful media manipulation in order to maintain the “Build Back Better” or “Green New Deal” agenda….. which, I might add, benefitted from the advanced Wall Street investment in both constructs, globally and domestically.

(more…)

White House Economic Council Chair Says Biden 85% Disapproval Irrelevant When Making Economic Transition to New and Permanent U.S. Energy Program

National Economic Council Chairman Brian Deese essentially confirms what everyone suspected about Joe Biden’s polling, approval and disapproval.  It is quite obvious to everyone now that Biden is a disposable figurehead for the people inside the administration and government who are going full speed ahead with the Green New Deal via executive and regulatory action.

During a CNN segment Deese is challenged by the 85% disapproval and he ignores the opposition from the American people by saying the White House needs to “remind people as we go through this period” where energy costs are skyrocketing because climate change goals are unsustainable, during this economic “transition” they have made other progress.  WATCH: 

Joe Biden represents the once in a lifetime opportunity for every ideological leftist in government to carry out the most extreme energy policy without regard to political consequence.  Biden doesn’t even know what they are doing; that’s why there are conflicts between his statements about energy policy and the factual activity that is taking place around energy policy.  Biden couldn’t name the Interior Secretary if his life depended on it.

The extreme elements around Biden are taking advantage of his cognitive and intellectual deficit.  Obama told everyone Biden was an idiot, and now the Obama ideologues are using that idiot to fundamentally change America.   It is clear what they are doing; unfortunately, almost everyone in media and the leadership of both parties are pretending not to know what is happening.

But wait, it gets worse in the next soundbite from Deese .

(more…)

Tucker Carlson Walks Through a List of Political Dissidents the Biden Administration Has Targeted in the Last 18 Months

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:

(more…)

A Combative Interview Between Bret Baier and Arizona Governor Candidate Kari Lake, Video

Fox News propagandist Bret Baier continues his devolution into the external appearance of a human Cabbage Patch doll, while intellectually his leftist DNA has won the battle for his frontal cortex.  After delivering a love-fest interview for establishment GOP candidate Karrin Taylor Robinson last week, Baier sharpened the knives for MAGA candidate Kari Lake.

Within the interview [Direct Rumble Link Here} Brett Baier accused Kari Lake of throwing transgender parties at her home and participating in drag queen sex shows.  Mrs. Lake was furious at the outlandish claims by Fox News, and then things got ugly.   WATCH:

Fox News is well positioned to hire Adam Kinzinger as a host next to Trey Gowdy. The Arizona state Primary Election will be held on Tuesday, August 2, 2022.

(more…)

South Carolina Senate Candidate Caught on Tape Advocating to Deploy Georgia Election Strategy

Project Veritas Action, a subsidiary of Project Veritas, has released a leaked audio from South Carolina Democrat Krystle Matthews, promoting a political strategy where blacks infiltrate the republican party and use drug money to fund organized political changes.  See Website Here.  A portion of the audio is below {Direct Rumble Link}

What South Carolina Senate candidate Matthews is outlining in the leaked audio sounds remarkably similar to the prior successful operation of Georgia democrats and republicans.  The networks of the AME church and the political activists within the Black Lives Matter movement, coalesce by infiltrating the republican party and then working to support the agenda of the Democrat political apparatus.  LISTEN: 

This is the quiet part of turning a red state blue.  It is far too late for any effort in Georgia to reverse the situation as the Republican club is now completely compromised.  Stacey Abrams will be the next Governor of Georgia and her three political activist groups, containing multiple levels of election workers and campaign organizers, will solidify the next decade of elections in support of Democrats.  However, states like Texas and South Carolina should pay attention to the strategic part of the effort outlined by Ms. Matthews, there is still some time to stem the outcome in those states.

[CHARLESTON – June 26, 2022] Project Veritas Action has published a recording of U.S. Senate candidate, Krystle Matthews, talking about her desire to break multiple laws while using profanities and racially-charged language.

(more…)

Sunday Talks, Michigan Governor Whitmer Decries Abortion Ruling, Laments that Michigan State Legislature Affirms Abortion Limits

Comrades, this is quite a remarkable interview if you stand back away from the issue and just look at the context.  Michigan Governor Gretchen Whitmer appears on CBS Face the Nation to discuss abortion in the aftermath of Supreme Court overturning Roe.  The legal aspects for any abortion restriction now return to the state legislature and representatives closest to the people.

Comrade Whitmer is repeatedly asked what she can do to keep abortion available without limit.  In her responses Whitmer notes that her opinion on the issue is not held by the state legislature and lawmakers, as a result there’s not much she can do.  Gretchen Whitmer is admitting her view is not the view of the people in her state, yet she vows to continue fighting against the will of the people.  WATCH:

[Transcript] –  …”GOV. WHITMER: What I’m trying to fight for is the status quo in Michigan and there are reasonable restrictions on that. With the current legislature that I have, there is no common ground, which is the sad thing.” (read more)

(more…)

Sunday Talks, World Bank President Discusses Global Solution to Inflation, Food Shortages – Western Government’s Need to Reverse Direction

World Bank President David Malpass appears on CBS with media propagandist Margaret Brennan, a woman of exceptionally low intelligence, to discuss the current state of global economics and the likely consequences.  I have been saying this for a year and I will repeat, the absence of food will change things.

Within the interview [Transcript Here] the status and solutions that Malpass outlines are accurate and factual, albeit couched in gentle terms acceptable to the globalists. As noted by Malpass, if a shift in messaging and actual policy for energy and finance does not take place, the outcome will be bad for food production and government stability.

The World Bank president accurately states increased production is urgently needed to avoid global shortages.  However, that increase in production is only possible if the leaders of the largest economies reverse their positions on energy development and finance.  The world needs oil and natural gas production to increase dramatically in order to stave off food shortages. Unfortunately, those pragmatic recommendations are falling on deaf political ears.  WATCH:

[Transcript] – MARGARET BRENNAN: There are a lot of stressors on the global economic system right now, how do you describe where we are?

MALPASS: It’s a sharp slowdown, including even China. So we’ve seen the world growth fall by half since January in terms of GDP growth. But there’s also shortages, there’s inflation. And the food shortages for the poorer countries are becoming a significant concern, they already are.

(more…)

15 DeceptiCons Vote to Close Debate on Senate Gun Control Legislation, An Important One Was Permitted to Hide

In 2006 we originally faced 20 DeceptiCons in the Senate.  They represent the right wing of the DC Congressional UniParty.  Having removed a few, and some of them died (McCain, Cochran) there are still 16 of them in office.  They are led by Mitch McConnell.

This is the same crew who vehemently opposed the nomination of Donald Trump for office.  These are the same republican senators who aligned against the Tea Party and later against the MAGA movement represented by our efforts to put Donald Trump into office.  These are the DeceptiCons we have been discussing for 16 years.  However, these are also a very sneaky bunch – notice how McConnell’s #2, John Thune, was permitted to avoid the DeceptiCon sunlight.

Today the DeceptiCons [Blunt (MO), Burr (NC), Capito (WV), Cassidy (LA), Collins (ME), Cornyn (TX), Ernst (IA), Graham (SC), McConnell (KY), Murkowski (AK), Portman (OH), Romney (UT), Tillis (NC), Toomey (PA) and Young (IN)] voted to shut down debate on the democrat senate firearm restriction and confiscation bill.  The vote to invoke cloture shuts down debate and ends the opportunity for a filibuster.  Invoking cloture, ie voting to support cloture, is a vote in support of the bill.

WASHINGTON DC – […] Ahead of the vote, Majority Leader Chuck Schumer said the Senate could pass the final bill as soon as Thursday with GOP cooperation. However, if any one of the 100 senators objects, final passage could occur as late as Friday night, briefly delaying the chamber’s planned two-week recess.

(more…)