“It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who gain by the new ones.” ~ Niccolo Machiavelli

Never has that quote been more apropos than when considering the MAGA movement and the rise of Donald Trump.  Thankfully, we are now in an era when the largest coalition of American voters have awakened to the reality that, to quote the former president: “Economic Security is National Security.”

As we live through the consequences of a Biden administration hell bent on eroding the middle class of the United States, there are numerous pundits contemplating 2024 Republican presidential candidates other than Donald Trump; consider this group the lukewarm defenders Machiavelli noted.

At the same time the leftist coalition, writ large, are apoplectic about the base of the Republican Party now belonging to Donald Trump.  This group consists of those affluent Wall Street agents and politicians set on retaining the profits derived from decades of institutional objectives.

Institutional Democrats hate him and institutional Republicans are lukewarm, at best, in defending him.

Both wings of the DC UniParty want a different direction.

In this outline, I rise to explain why Donald Trump is the only option for the America First MAGA coalition; and I make my case not on supposition, but on empirical reference points that most should understand.

(more…)

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.

(more…)

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.

(more…)

The United States government (specifically the Fourth Branch) has won an appellate level legal case in the U.K. as they seek to extradite Wikileaks founder Julian Assange for crimes against U.S. national security interests.

However, Assange’s lawyers have a few more avenues left to block the extradition.

As much as I would like to see a Julian Assange trial reveal all of the corruption inside the dark parts of the U.S. political and intelligence system, I can also see how our government would have a very strong institutional preservation motive to kill him first.

Wall Street Journal – The U.S. government won an appeal in its bid to extradite Julian Assange, clearing an important hurdle in Washington’s yearslong battle to put the WikiLeaks founder on trial on spying charges.

The decision by the U.K. High Court to overturn a lower-court ruling isn’t the end of the case. Lawyers representing Mr. Assange said they would seek permission to appeal the ruling at the U.K. Supreme Court, setting the stage for weeks or even months of further legal wrangling, lawyers say.

(more…)

President Trump economic policy -vs- Joe Biden economic policy

When wages (blue line) are above inflation (red line) our income is growing, life is good and the working class has more disposable income to enjoy life.  However, when wages (blue line) are lower than inflation (red line) our income is shrinking, life is a struggle and the working class has less disposable income to enjoy life.

♦ Point One – Nothing happens accidentally. The road to a “service-driven economy” is paved with a great disparity between financial classes. The wealth gap is directly related to the inability of the middle class to thrive.

♦ Point Two – There is nothing of value behind the obtuse term “service-driven economy.” The multinationals are paying for this administration, just like they paid the Obama administration; paying for economic policy that advances their interests.  Congress goes along with the K-Street demands, because Wall Street is now the primary benefactor of legislative intent. Nothing about their effort is done with American interests in mind.

To go deep, keep reading.

(more…)

Two Democrats joined with Republicans yesterday in passing a bill that would eliminate any federal vaccine mandate.  It seems silly that Congress would have to pass a law saying the unlawful and unilateral act of the executive branch, which has been blocked by separate federal courts, is unlawful…. but that’s where we are.

Democrats Joe Manchin (West Va.) and Jon Tester (Montana) joined all the Republicans present in the 52-48 vote.  The bill now goes to the House, where it is going to be put on ice by Nancy Pelosi in order to save Joe Biden from an embarrassing rebuke of his overreach.  However, White House Press Secretary Jen Psaki was asked today if the House were to vote on the bill, would Joe Biden veto it.

The White House spokesperson affirmed that Joe Biden would veto any bill, created by the representatives of the people, that declared his authority null. WATCH:

(more…)

Many Americans have no idea that Russia is an OPEC member.  Even fewer recognize that Russia’s primary economic export is energy via oil and gas.  Oil and gas exports drive the Russian economy.  Any U.S. policy that drives up the value of oil and gas directly enhances the economy and influence of Russia.

Thanks to Joe Biden’s specific energy policy shutting down U.S. energy exploration, Russia’s economy is booming and has made billions more in the sales of high priced oil and natural gas into Europe and the global marketplace.  That increased oil and gas revenue is directly responsible for Russia’s ability to expand militarily in the region.

So when it comes to threats, like Russia annexing even more of Ukraine as a strategic objective…. Joe Biden is strengthening Russia on one hand and threatening the strength of Russia with the other.  Russian President Vladimir Putin sees this with clear eyes.

Meanwhile the NATO partners who *claim* to be worried about Russia (they’re really not) are the same nations that are buying the oil and gas from Russia.   This was the ridiculous economic dynamic President Trump confronted when he challenged NATO on their energy and national security policies.   Tucker Carlson discusses this:

(more…)

There’s a lot of convoluted internal stuff, but essentially Mitch McConnell is going to set up a process for Democrats in the Senate to raise the debt ceiling by themselves.

Mitch will enlist the usual Decepticon suspects to change the senate rules, for one-time only, allowing democrats to raise the debt ceiling without having to enter negotiations and concessions for anything republican lawmakers want (like eliminating the Biden spending bill).

McConnell will need nine more republicans to change the process, but it looks like he’s going to be successful.

This will permit Democrats to raise the debt ceiling by approximately $2 trillion, so they can continue debate on Biden’s Build Back Better bill.   Yeah, Uniparty gonna Uniparty.

WASHINGTON DC – […] The Senate minority leader spent Tuesday selling his members on a convoluted strategy that would require at least 10 Republicans to approve legislation that would later allow Senate Democrats to raise the debt ceiling by a simple majority vote. After a leadership meeting and a Senate GOP lunch, McConnell said he’d done enough work to clinch the deal in a vote expected on Thursday. (read more)

So the Senate DeceptiCons will *claim* to be against the multi-trillion ‘Build Back Better’, fundamental change, spending bill.  Yet they will have facilitated the Democrats not having to negotiate or eliminate anything inside the BBB bill, by removing the leverage of the debt ceiling raise.  Yep, Uniparty gotta Uniparty – all courtesy of the DeceptiCon caucus.  I hate them.

President Donald Trump notes the Mitch McConnell nonsense in a statement:

(more…)

Author and journalist Lee Smith pens a seminal outline showcasing the media’s role in creating the Trump-Russia conspiracy theory:

“A comparison of the media’s role in the two biggest political scandals of the past half-century is worth the time of anyone who cares about what the next decade or so of American public life is going to look and sound like.”….

READ HERE

JP Morgan is emphasizing that U.S. energy policy is likely to end up with $150-$200 per barrel oil costs in next year ($10/gal gasoline).  [LINK] Whether that dire prediction comes true is anyone’s guess.  However, consensus review makes nearing $100/barrel costs by the end of this year just as unnerving. ($6/gal gasoline).  That outcome is the centerpiece for why Biden needs the Omicron variant to impact the demand side urgently.

New York – […] “We believe the evolution of coal prices might reflect supply, demand, cost of capital and energy transitioning issues for all fossil fuels, and it would certainly be possible that oil prices will follow the same pattern (inflation adjusted for oil, that would be in a $150-200/bbl range),” wrote a team of JPMorgan Chase & Co. strategists led by Marko Kolanovic. (read more)

This analysis essentially aligns with CTH outlooks and complements what Allianz Group chief economic advisor, Mohamed El-Erian, was saying yesterday [LINK]  The Biden energy policy is specifically to blame for the current price increases across the entire energy sector.

All of Biden energy policy, and all of Biden spending around the Build Back Better agenda, is designed to take us from where we are now into some distant place where fossil fuels are not the energy mechanism; that’s the Green New Deal component of this.  However, there is no policy for their transition – they stopped all current energy policy around oil and coal.

(more…)