This interview is nothing but gaslighting crazy talk from an insufferable ideologue who is responsible for managing the insane policy driven consequences of transitioning from oil, gas and coal into an era where windmills and solar panels provide U.S. electricity.  Janet Yellen is the decline manager.

Treasury Secretary Janet Yellen begins the interview by denying the U.S. economy is shrinking.  Literally in the first answer Yellen says the economy “has been growing at a very rapid rate as the labor rate has reached full employment, it’s natural now that we expect a transition to steady and stable growth.”  Obviously, in order to say the economy has been growing, Yellen needs to pretend not to know the first quarter GDP was -1.5% as measured.  But wait… it gets more ridiculous….

At 06:30 of the interview, Yellen claims with a straight face that U.S. energy policy, which includes massive amounts of new crushing regulations from Biden, is not responsible for U.S. oil and gasoline prices.   WATCH (prompted):

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Loretta Mester is the president of the Federal Reserve Bank of Cleveland and appeared on CBS Face the Nation to give her opinion/analysis of the US. economic condition.  The disconnect in her viewpoint is alarming and should signal to everyone how the Federal Reserve Board, just like every institution of government, has become a political agency.

In her mind Ms. Mester appears to believe what she is saying, but the disconnect between her view of our status and the reality on Main Street is alarming.  In this interview Mester says emphatically that current inflation is being driven by consumer demand that is outpacing supply.  Not only is this view of inflation origination wrong, and has been wrong for well over a year, it is dangerous.

Inflation has been driven by spending (dollar devaluation & artificial stimulus), and by massive input changes in the supply side which are predominately being caused by energy policy.  Our U.S. inflation is a self-inflicted supply side wound.  Inflation was not caused by demand side pressure, other than from the injection of COVID cash into consumer spending – which hid the natural contraction that was going to take place in Q2, Q3 and Q4 2021.  WATCH:

Ms. Mester says the Fed will watch the month-to-month inflation change, to determine monetary policy success.  Given the nature of the Biden energy policy, that type of success definition is inherently political.  It’s akin to saying, as the victim’s bones and muscles get used to the constant blows during the beating, the severity of the pain will be less than the initial shock… therefore, the continued beating is less damaging to the victim.   Madness.

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Neil Oliver uses language to hack the great red pill vending machine and feed the masses.   In his weekly monologue today, Oliver notes the great resetters, the alliance of multinational corporations and government leaders, are intent on using fear and finance to build the post-covid control mechanisms over the people within western society.

Create massive costs, destabilize the people, manipulate the crisis and leave the common family left trying to figure out what is happening.  Government and bankers using fear and finance respectively; both leveraged against the people, while drumbeating the continued nonsense of climate change and the need to ‘save the planet’.  Video and Transcript below, well worth WATCHING and Reading:

[Transcript] – “Things are heating up – can you feel it?

It’s been warm in parts of Britain – although not as warm as climate crisis experts predicted. By this I mean the latest figures released by the United Nations’ Intergovernmental Panel on Climate Change – the infamous IPCC – show the world’s temperature hasn’t risen for 15 years.

According to press reports last week, politicians in Germany, Hungary, Belgium and the US – politicians who depend on climate crisis scientists’ computer modelling and predictions to justify their hugely expensive green energy policies – apparently wanted the many hundreds of scientists around the world responsible for the report to cover up the inconvenient truth that Earth’s temperature has plateaued for a decade and a half.

The report was just quietly slipped out onto the Internet instead, without press release or any other fanfare.

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The sanctions against Russia have essentially been futile.  The Russian economy continues growing, oil sales continue taking place, imports and exports continue unabated, albeit with some inconveniences for the people inside Russia – but without impact on the Russian government.  However, what the western sanctions against Russia were successful in speeding up, was an alternative global trading system for 70 percent of the world economies who continue trading with Russia.

That’s the background for Fed Chairman Jerome Powell to state yesterday, “rapid changes are taking place in the global monetary system that may affect the international role of the dollar.”  Additionally, as the proverbial ‘west’ follows the corporate instructions from the World Economic Forum, Powell now expands his points to note the creation of a central bank digital currency (CBDC) is also being reviewed.  WATCH:

https://youtu.be/BEyVVinT_4I

This is not some grand conspiracy, ‘out there‘ deep geopolitical possibility, or foreboding likelihood as an outcome of short-sighted western emotion.  No, this is just a predictable outcome from western created events that pushed specific countries to a natural conclusion based on their best interests.

You can debate the motives of the western leaders who structured the sanctions against Russia, and whether they knew the outcome would happen as a consequence of their effort, but the outcome was never really in doubt.  Personally, I believe this outcome is what the west intended. The people inside the World Economic Forum are not stupid – ideological, yes, but not stupid. They knew this would happen.

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“On June 16, 2022, at approximately 8:30 p.m., U.S. Capitol Police (USCP) received a call for a disturbance in the Longworth House Office Building,” Capitol Police said in a statement obtained by the Washington Examiner. “Responding officers observed seven individuals, unescorted and without Congressional ID, in a sixth-floor hallway.” (read more)

Apparently, California congressman Adam Schiff was helping the television crew to break the law.  The group reportedly banged on doors of several Republican offices –  including that of Minority Leader Kevin McCarthy of California, Jim Jordan of Ohio and Lauren Boebert of Colorado — as they allegedly filmed a skit for Colbert’s “Late Show” program that was to center around the January 6 hearings.  The incident was covered by Jesse Watters on his broadcast this evening. WATCH:

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Apparently, the U.K. courts were sympathetic to the claims by Julian Assange lawyers that U.S. government assassins would kill him.  However, after the DOJ assured the Brits that Assange would be imprisoned in Australia, not the U.S. after trial, the U.K. are ok with extraditing him.   However, Assange still has six appeals and three courts left who will hear his appeals, so don’t expect anything to actually happen soon.

LONDON, June 17 (Reuters) – The wife of Julian Assange vowed to fight using every possible legal avenue after British Home Secretary Priti Patel on Friday approved the WikiLeaks’ founder’s extradition to the United States to face criminal charges.

Assange is wanted by U.S. authorities on 18 counts, including a spying charge, relating to WikiLeaks’ release of vast troves of confidential U.S. military records and diplomatic cables which Washington said had put lives in danger.

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A contracted mercenary has no legal recognition or protection as a prisoner of war.  Two American mercenary soldiers have been captured by Russian forces and now present a rather unique issue for the Biden administration.   The traditional end result for captured mercenaries is execution; however, Russian President Vladimir Putin may not want to hang these two State Dept. conscripts.

(Via Telegraph) – Two former US servicemen have been captured during fighting with Russian forces in Ukraine, The Telegraph has been told. The pair were taken prisoner during a fierce battle outside the north-east city of Kharkiv last week, according to comrades who were fighting alongside them.

Alexander Drueke, 39, and Andy Huynh, 27, had been serving as volunteers with a regular Ukrainian army unit. They are believed to be the first US servicemen to end up as Russian prisoners of war. They join a growing number of Western military volunteers captured by Russian forces, including at least two Britons.

Aiden Aslin and Shaun Pinner have already been told they face the death penalty as “mercenaries”. The capture of the two Americans will be diplomatically sensitive as the Kremlin may seek to use it as proof that America is becoming directly involved in the war. Vladimir Putin, the Russian president, is likely to demand significant concessions to release them. (read more)

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The White House shares the contents of another phone call between Joe Biden and Ukraine President Volodymyr Zelenskyy today in a media release.  According to the details of the call, a generous Joe Biden has directed another $1 billion in aid to the laundry operation in order to assist Ukraine “families to purchase essential items.”

WHITE HOUSE – “This morning, I spoke with President Zelenskyy to discuss Russia’s brutal and ongoing war against Ukraine.

[…] I informed President Zelenskyy that the United States is providing another $1 billion in security assistance for Ukraine.

[…] We also remain committed to supporting the Ukrainian people whose lives have been ripped apart by this war. Today, I am also announcing an additional $225 million in humanitarian assistance to help people inside Ukraine, including by supplying safe drinking water, critical medical supplies and health care, food, shelter, and cash for families to purchase essential items.” (read more)

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I am tired and weary of the bullshit from every side of the political continuum -particularly the professionally republican idiots- that continue to hide the reality of the situation.  We are adults, let us talk honestly in the framework of reality; that will allow prudent preparation for the massive crisis we are about to experience.

When the tenant realizes they have a leaking fish tank, they realize they are going to be financially responsible for the water damage.  The tenant concocts a plan to avoid responsibility. The tenant intentionally loosens a pipe in the bathroom creating water damage, thereby hiding the fish tank leak.

The owner is now on the hook for the repair. The tenant escapes liability.

The people behind Joe Biden knew their radical transformation of energy policy was going to create massive economic damage.

The people behind Biden used the opportunity of the Ukraine-Russia conflict to trigger economic sanctions they knew would worsen the global inflation damage they were creating through energy policy.

Economic sanctions against Russia were as used as the broken pipe in the bathroom to hide the energy policy fish tank leak.  All of the media discussing the situation are now pretending not to know this.  The conservative pundits are a combination of pretending and too stupid to actually see what is happening.

BLOOMBERG – […] There’s no sign that administration officials feel their sanctions policy was a mistake or that they want to dial back the pressure. If anything, officials have said a key US goal is to ensure Russia can’t do to other nations what it has done in Ukraine. 

But the collateral damage from the sanctions has been wider than expected. 

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Economic security is the foundation of national security.  When the government takes action that destabilizes our economy, every element of national security is put at risk.  We are experiencing that right now as we suffer through Joe Biden’s intentionally flawed energy policy that is destroying the U.S. economy and everyone within it.

“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 Machiavelli 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 economic mess 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 Trump, and institutional Republicans are lukewarm, at best, in defending Trump.  Both wings of the DC UniParty fear Trump.  Extreme efforts at control are a reaction to fear.  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.

Everything, is about the economics of it.

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