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Former Obama Economic Advisor Says Best Way to Deal with Inflation is to Raise Taxes and Plunge Main Street into a Recession

Jason Furman is the former Chairman of the National Economic Council under Barack Obama; he is currently a professor at Harvard teaching economics.   If you ever wondered why the economy under Obama included the weakest economic recovery in history, the advice of Furman might explain it.

In an interview with CBS this morning, Jason Furman says the best way to get inflation under control is to raise taxes and stop people from spending money.  This approach will impact the demand side of the economy and as a result, with no one purchasing stuff, it will lower prices.   Seriously, no joke, he said this. WATCH:

Jason Furm: …”Congress should be trying to do their part and helping out if they can cut the deficit, including raising taxes on high income households, that would reduce a bit of spending in the economy, it would cool the economy down a little bit, and actually take some pressure off the Fed.”…

Create a deeper recession to control inflation, brilliant!

Like I have been pointing out for months, these ideologues believe inflation is being driven by the demand side, by consumers purchasing too much.  They pretend not to know it is the supply-side issue of energy policy that is driving the CORE inflation they seek to reduce.

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Whatever Happened to the Information of The DNC Law Firm Having an FBI Search Portal in Their DC Office?

On May 31st, Representative Matt Gaetz (R-FL) made an explosive announcement as an outcome of a whistleblower providing information to him and Jim Jordan.  The claim was the FBI held a collaborative relationship with the Clinton/DNC law firm Perkins Coie. {Go Deep} Specifically, the explosive element surrounded the FBI having a workspace within the DNC law firm that would give Democrats an open portal into FBI databases for political opposition research.

Additionally, formerly indicted Clinton campaign lawyer, Michael Sussmann, was reportedly in charge of this arrangement within Perkins Coie for the past year.  Obviously, the potential ramifications from this joint collaboration are vast.  However, have you noticed that not a single media outlet has followed up on the claim?

Generally, in Washington DC when the media ignores an issue, especially a major issue with large consequences; and doesn’t even attempt to snarkily debunk an explosive claim or belittle the person bringing the information; it’s usually because the claim itself has merit and the DC defenders do not want to give it any fuel for further discussion or awareness. {Direct Rumble Link}

So, what happened?

Essentially, what is being claimed is that a portal exists into FBI databases within the law firm that represents democrats.  This means access to FBI database searches exists inside the office of the DNC and Clinton legal group.  Think about the ramifications here.

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The J6 Motive – Why Donald Trump Must be Removed, The Political Surveillance of American Citizens

Barack Obama and Eric Holder did not create a weaponized DOJ and FBI; the institutions were already weaponized by the Patriot Act.  What Obama and Holder did was take the preexisting system and retool it, so the weapons of government only targeted one side of the political continuum.

This point is where many people understandably get confused.

In the era shortly after 9/11 the DC national security apparatus, instructed by Vice President Dick Cheney, was constructed to preserve continuity of government and simultaneously view all Americans as potential threats. The Department of Homeland Security (DHS) and the Office of the Director of National Intelligence (ODNI) were created specifically for this purpose.

After 9/11/01 the electronic surveillance system that was originally created to monitor threats from abroad was retooled to monitor threats inside our country.  That is when all of our electronic ‘metadata’ came under federal surveillance.

That inflection point, and the process that followed, was exactly what Edward Snowden tried to point out.

What Barack Obama and Eric Holder did with that new construct was refine the internal targeting mechanisms so that only their political opposition became the target of this new national security system.

The problems we face now as a country are directly an outcome of two very distinct points that were merged by Barack Obama. (1) The post 9/11 monitoring of electronic communication of American citizens; and (2) Obama’s team creating a fine-tuning knob that it focused on the politics of the targets.  This is very important to understand as you dig deeper into this research outline.

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Precursor, The Larger Motive of the J6 Committee

The January 6th Committee in Washington DC has a much bigger bipartisan motive than most Americans understand.  The elimination of Donald John Trump from the political landscape is an exercise in protecting a surveillance state from the threat that Trump represents.

That said, I’m not sure that even Donald Trump himself realizes and/or appreciates the scale of threat he is considered to a system created in the aftermath of 9/11/01.  However, consider this a precursor to the next post on this website that will hopefully show exactly what the scale of the problem is.

Wyoming congressional representative Liz Cheney gets a lot of attention for her opposition to Trump; but what most people do not yet fully grasp is the direct and consequential nature of her opposition.  Liz Cheney, the daughter of former Vice President Dick Cheney, has a vested interest in removing the threat of Trump because the real issue comes back to what her father created in the aftermath of 9/11, the domestic political surveillance state.

There are two defensive operations currently underway in Washington DC to protect the biggest issue that few people talk about.  The first is the objective of Deputy Attorney General Lisa Monaco, the former Obama White House senior national security advisor and legal liaison from the executive branch.  The second objective is the J6 committee trying to stop Donald Trump from ever holding political office again.

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MAGA Candidate John Gibbs Explains Why He is Running Primary Challenge to Remove Republican Pete Meijer in Michigan 3rd District

MAGA Candidate John Gibbs (Michigan CD-03) appears with Steve Cortes to explain why he is running a campaign to primary congressional representative Peter Meijer; one of the ten House republicans who voted to impeach President Trump.

Five of the ten House DeceptiCons are either retiring or have already been defeated in the primary races.  There are five left.  The Michigan primary election is August 2nd.

John Gibbs is an excellent candidate as outlined in this exceptional interview.  Additionally, Gibbs is fully endorsed by President Trump against Meijer – CAMPAIGN WEBSITE HERE – {Direct Rumble Link}  WATCH: 

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Neil Oliver Analyzes the Global Uprisings that are Rejecting the Build Back Better Agenda

Appearing on GBNews with Dan Wootton, UK commentator Neil Oliver discusses and connects the Sri Lanka protests, the uprising in the Netherlands, and the aligned protests in Poland, Italy, Germany and much of the European continent.

As Oliver notes the pretorian guards for western politicians, aka the ‘western media’, are doing everything they can to ignore the global scale of the popular uprisings that are directly connected to the globalist agenda of the World Economic Forum and their Build Back Better orders to the western politicians.  The media ignore the issue until it reaches a point like Sri Lanka where it can no longer be ignored.  WATCH:

The Canadian trucker protests were targeted by Canadian Prime Minister Justin Trudeau in an effort to quickly stop the spread of any opposition to the globalist agenda. However, in the Netherlands the Dutch farmers have several distinct advantages in their ability to impact the life of ordinary Dutch people, as they refuse to become victims to the new global feudalism.

Like Sri Lanka, the Netherlands is a case study in raw people power, where the government is represented by a select few people.  The only thing keeping the Dutch from storming the politicians’ palaces and government buildings is a preference for polite society.  If that preference changes, and it might as people get more desperate, well, katy-bar the door.

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UN Human Rights Report Shows Ukraine Military Used Nursing Home Residents as Human Shields

A quietly released study from the U.N. Human Rights Commissioner [See Here pdf] looking into allegations of war crimes conducted during the Ukraine -vs- Russia conflict, specifically looked into allegations of Russian military targeting a nursing home facility in the eastern region of Luhansk.

What the UN investigation revealed was that Ukraine military soldiers had intentionally used the nursing home as an active base to launch military strikes against Russian forces. The Associated Press was forced to reveal, “Ukraine’s armed forces bear a large, and perhaps equal, share of the blame for what happened in Stara Krasnyanka, which is about 580 kilometers (360 miles) southeast of Kyiv. A few days before the attack, Ukrainian soldiers took up positions inside the nursing home, effectively making the building a target.”

The issue of the Ukraine military, intentionally and with purposeful forethought, using civilian locations to embed their military units, highlights the inherent dangers associated with western propaganda during the conflict.  In fact, the effort to create civilian casualties seems more purposeful as a strategy to gain western media support and create stories that can be used to advance sympathy toward Ukraine, even if it means putting their own civilians in harm’s way.

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Protest Crowd Storms Presidential Palace in Sri Lanka as Fuel and Food Shortages Create Desperation, Prime Minister Resigns, President Tries to Hang on

It was not long ago when we noted the absence of food will change things.   While Dutch farmers are fighting the government and trying to keep producing food, in Sri Lanka the shortages of food and fuel have reached a boiling point.  Angry citizens have taken control of the presidential palace, set fire to the Prime Minister’s house, and overwhelmed government offices.

Fearing for his life, “Sri Lankan Prime Minister Ranil Wickremesinghe said he would resign after just two months in office after protesters stormed and occupied the president’s residence and office amid public anger over the country’s deepening sovereign-debt crisis.” (WSJ link)

The U.S. State Department and the ambassador to Sri Lanka, Julie Chung, are asking for protestors to remain peaceful as if their hunger is ‘transitory’.  However, videos from the country highlight the futility of platitudes amid tens of thousands of angry citizens who are desperate.  It is a hot mess that’s likely to surface in other nations quickly.

(Via WSJ) – Braving tear gas and water cannons in the capital, Colombo, protesters—many waving the national flag and wearing helmets—also entered the president’s office on Saturday, in one of the largest antigovernment demonstrations in the country this year.

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Tucker Carlson Outlines How the COVID-19 Pandemic Reset Everything and asks, Was it Done on Purpose?

During his opening monologue Friday evening, Fox News host Tucker Carlson went into great detail outlining the current evidence of how the SARS-CoV-2 virus originated.

As a direct consequence of the COVID-19’s global impact, a geopolitical reset has taken place.  Carlson asks the questions of whether this reset was done purposefully, and why is there no one looking at how the virus originated?   WATCH:

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Wharton Finance Professor Looks Deeper into June Jobs Data, Outlook Not So Good – Hours Worked Dropped Equivalent to 450,000 Lost Jobs

University of Pennsylvania, Wharton School of Business, Finance Professor Jeremy Siegel, takes a closer look at the June jobs data from the Bureau of Labor Statistics.  Professor Siegel notes a .01% drop in average hours worked is the labor equivalent of losing 450,000 jobs.

With factory demand dropping, and with inventories climbing, and with FTE’s (Full-Time Equivalents) dropping, the jobs report takes on additional context that aligns with the overall decline we feel in Main Street activity.  Essentially, regardless of how many jobs are “created” within the economy, the overall economic activity -as measured by the value of products & services generated- is declining.

Additionally, as noted by Professor Siegal, the current best estimate as reviewed by the several data points, is a current drop in overall GDP in the -2% range.   Seigal points this information out because the Federal Reserve is raising interest rates into an economy that has declining (demand side) consumer activity, which, correctly as he states, only makes the contraction more severe.  WATCH:

The core supply side costs (all based on energy policy) continue to increase and drive consumer prices upward.  Simultaneously, consumer demand is dropping because the goods and services impacted by the increased costs (most of which are unavoidable) are more expensive.  This creates a downward spiral.  Consumer prices are increasing on housing, energy, food and gasoline (supply side impacts), at the same time discretionary spending contracts.

In this scenario there is no way to avoid a steep recession.  However, the real priority of Joe Biden surrounds whether Jill will allow his favorite pudding, and if the shoes on the pancake mix keeps making sparkly rabbit noises.

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