Let me say from the outset, with a degree of specific assurance we generally reserve for other matters, Russia had nothing to do with the targeting of a grain facility in the port city of Odesa.  Geopolitically and strategically, such an action would be against their interests.  These events have the smell of the U.S. State Dept and CIA all over them.

Start by first reviewing the agreement between Russia and Ukraine that was announced yesterday. July 22 (Reuters) – Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an international food crisis … can be eased.”   NATO country Turkey, specifically Recep Erdogan, brokered the deal between Russia and Ukraine.  Ignore the narrative engineering and WATCH:

Russia was particularly a geopolitical beneficiary from the agreement itself.  No longer could NATO and the western alliance blame Russia for the void in gobal food markets associated with the conflict in Ukraine.

From the perspective of Russian President Putin, the grain movement through the port city of Odesa was a net benefit.  “Russia has taken on the obligations that are clearly spelled out in this document. We will not take advantage of the fact that the ports will be cleared and opened. We have made this commitment,” said Russian Defense Minister Sergei Shoigu.

However, from the perspective of the Western alliance, the agreement mooted one of their biggest justifications for the upcoming global food shortage.   If Ukraine and Russia are exporting food, and yet food costs are still rising…. well, the food shortage impact from western energy disruption, the Build Back Better agenda, starts to become increasingly visible.

Suddenly, within hours of the trade agreement, the grain transportation system and the port city of Odesa come under fire from mysterious cruise missiles.

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Considering that I have yet to absorb, or accept, the increasingly likely possibility of society normalizing people eating bugs, the looking over-the-horizon folks at the New York Times just, well, stopped me in my tracks.  I did not have eating people on my Biden consequences bingo card.

Tweet Link – Actual Story Link

I know Biden/Obama’s beloved Davos crowd (World Economic Forum) love to hold meetings about how their social engineering will create a “new normal” for everyone but themselves; however, I mean, c’mon, even for the furthest left this has to be a bridge too far, no?

Is the Biden era of transformational social change really going to go combine: defining “essential workers”, forced medical procedures, radical climate change, the eating of bugs and insects, post-birth abortion and chopping the genitals off children without parent consent, together with the social acceptability of cannibalism; all of it, into one term in office?

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Steve Bannon appears for an interview with Tucker Carlson to discuss his contempt of congress conviction hours earlier.  After the guilty verdict Bannon reaffirms: “I support Trump and the Constitution and I’m not backing off one inch. If I go to jail so be it.”  {Direct Rumble Link}

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Energy Secretary Jennifer Granholm couldn’t tell you the difference between electromagnetic or nuclear energy if her life depended on it.  Then again, there’s not a single “climate change” ideologue in the Biden administration who has any concept of science at all.  None of them.  To them, everything is politics.

As you watch this brief soundbite from remarks Energy Secretary Granholm made to the Global Clean Energy Action Forum, pay attention to what she says and the way she says it.  The pantomime of how she says it. [11 seconds] WATCH:

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What state elected her governor?  Oh yeah, she’s from Hunger Games district 5.

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Former President Trump campaign and White House senior advisor, Steve Bannon, has been found guilty on two political charges of contempt of congress by a DC jury, for failing to appear for a deposition with the J6 committee, and failure to provide documents to the J6 committee. [Media Report]

It is worth noting that no one, until now, is ever charged by the U.S. Justice Dept in a “contempt of congress” issue, including former U.S. Attorney General Eric Holder who was similarly found in contempt of congress.  The current DOJ and FBI are fully compromised political tools of a corrupt DC system of justice.

Steve Bannon and his legal team made a statement outside the court after the jury decision.  WATCH: 

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A dual justice system is the outcome of a banana republic form of government.  The Obama and Biden administrations have thoroughly corrupted the justice system.  The FBI and DOJ are institutionally corrupt.   Their Lawfare approaches can only function with the assistance of politically corrupt DC courts.

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Purchasing managers for both goods and services are reporting a strong contraction in orders.  The decline in goods has been subtle up to this point, with June and July now reflecting a significant change to the negative.  More concerning is the severe change on the service side.

Contraction within business activity is now happening in almost all sectors of the economy.

Bloomberg Reports – US business activity contracted in July for the first time in more than two years as manufacturers and service providers signaled sluggish demand that only adds to heightened recession anxieties.

The S&P Global flash composite purchasing managers output index slid 4.8 points to 47.5, the weakest reading since May 2020, the group reported Friday. Outside of the early months of the pandemic, the July figure is the weakest in data back to 2009. Readings below 50 indicate contraction. 

[…]  “The preliminary PMI data for July point to a worrying deterioration in the economy,” Chris Williamson, chief business economist at S&P Global Market Intelligence, said in a statement.

“Manufacturing has stalled and the service sector’s rebound from the pandemic has gone into reverse, as the tailwind of pent-up demand has been overcome by the rising cost of living, higher interest rates and growing gloom about the economic outlook,” Williamson said.

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From the CTH perspective, if we accept the scale of the approaching U.S. economic pain that is clearly visible on the horizon, this narrative shift from the Associated Press and NPR, about a balancing act for U.S. policy and a corrupt Ukraine government, seems very predictable.

The average U.S. worker, and the middle class in general, is in trouble.  The visible reference of bailing out the people of Ukraine to the tune of $60+ billion is legislative salt in an open economic wound caused by Biden policy.  A shift is needed.

Pivoting away from Ukraine to focus on financial subsidies for Americans requires using a particular arm-distancing toward Zelenskyy from the politicians.   Look, corruption.

Here we go:

WASHINGTON (AP) — Ukrainian President Volodymyr Zelenskyy’s dismissal of senior officials is casting an inconvenient light on an issue that the Biden administration has largely ignored since the outbreak of war with Russia: Ukraine’s history of rampant corruption and shaky governance.

As it presses ahead with providing tens of billions of dollars in military, economic and direct financial support aid to Ukraine and encourages its allies to do the same, the Biden administration is now once again grappling with longstanding worries about Ukraine’s suitability as a recipient of massive infusions of American aid.

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The goal of this outline is to answer a frequent question about what the alignment of government and private sector officials mean when they say, “managing the transition.”  Some of this is self-explanatory, some of this has been astutely explained by others (with specific reference points), yet much of this is what they cannot say publicly.  So here we go.

As you are well aware the various western nation central banks including the U.S. Federal Reserve, are raising interest rates into a global economic contraction, a drop in demand.  Raising interest rates into a contracting economy is counterintuitive, it runs against the expressed interest of government to grow economic conditions.  However, there is a purposeful design to the contradiction.  [A TLDR Version Here]

I will further expand, and hopefully this will provide information so that you can make decisions on how to protect your interests.

The central bankers are trying to support western government policy.  Unfortunately, the government policy they are under obligation to support is the fundamental energy shift, or what the World Economic Forum (Davos Group) has called the “Build Back Better” climate change agenda.

Monetary policy can only impact one side of the inflation challenge.  The western bankers (EU central bank, U.S. federal reserve bank, and various banking groups) are raising interest rates in order to “tame inflation” by “taming demand.”  However, as you know the global economic demand has been declining for several quarters.  Raising interest rates into an already contracting economy only does one thing, it speeds up the rate of economic contraction.

Economic contraction is the lowering of economic activity.  Raise interest rates -in a general sense- and businesses invest less, borrowers borrow less, consumers purchase less, employers expand less, and the economy overall slows down. When the economy turns negative, meaning less products and services are produced, we enter a recession. Some businesses and employers do not survive a recession and subsequently unemployment rises.

During recessionary periods people buy less stuff, people have less income stability, and economic activity drops.  When the banks raise interest rates into an economy that is already stalled or contracting, unemployment and general pain on Main Street increases.  Workers are laid-off, incomes shrink, consumer spending drops and that leads to less employment.  Recessions are bad for middle-class and working-class people.

However, that said, there is one benefit from a recession…. Energy use drops.

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Suspicious Cat remains, well, suspicious…

[White House Press Release] – This morning, President Biden tested positive for COVID-19.  He is fully vaccinated and twice boosted and experiencing very mild symptoms.  He has begun taking Paxlovid. Consistent with CDC guidelines, he will isolate at the White House and will continue to carry out all of his duties fully during that time.  He has been in contact with members of the White House staff by phone this morning, and will participate in his planned meetings at the White House this morning via phone and Zoom from the residence. 

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Joe Biden has pledged to increase his use of executive power in order to deconstruct the U.S. energy system and recreate a Green New Deal energy economy using windmills and solar power to generate electricity.  Today, Biden kicked-off the first round of executive orders [READ HERE].

The first round of executive orders is essentially payments to low income Americans for the increased costs of Biden’s new energy programs.  However, for those paying close attention, I would direct you to notice this predictable aspect in the “Fact Sheet” provided by the White House:

…”the Department of Labor’s Occupational Safety and Health Administration (OSHA) has already conducted 564 heat-related inspections, which are focused on over 70 high-risk industries across 43 states. On days when the heat index is 80°F or higher, OSHA inspectors and compliance assistance specialists are engaging in proactive outreach and technical assistance to help stakeholders keep workers safe on the job.”

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