NEC Director Brian Deese delivers a consistent blend of words, claimed to be economic policy, that make absolutely no sense.  Deese is almost as bad at parse tongue gibberish as Pete Buttigieg and Kamala Harris, but not quite up to their level.   Many will think Deese is uniquely unqualified. However, if you accept that Deese job is to be the distracting front man -spewing nonsense platitudes while others detonate the economic explosives- then he is being successful.

Deese appeared for two interviews, one on Fox News Sunday {SEE HERE} and on on CBS {SEE FULL INTERVIEW HERE}. Fox News (Shannon Bream) attempted zero pushback on Deese ridiculous claims.  CBS (Margaret Brennan) at least pushed back a little harder.  However, we must accept both media outlets are advancing the same corporate agenda by playing the pretend game with Deese appearances.

Deese used the word “transition” eleven times in both interviews in relationship to the economy.   Deese was never asked what this actual “transition” is that he speaks so often about.  At certain trigger points Deese gets down to political nonsense when he says what the Biden team is doing to combat inflation.  He brings up three legislative priorities that he claims will lower consumer costs: (1) raise taxes; (2) federal takeover of all Rx prices; and (3) subsidize energy prices for low-income Americans.   That’s the plan; at least that’s what his unserious word assemblies are intended to claim as a plan, and he’s sticking to it while the media nods along.  WATCH:

{Full Interview with Brennan Here}

FYI, the Brian Deese economic plan is also the Larry Summers economic plan as outlined on Meet the Press {SEE HERE}.  At this point the entire DC system, including both democrat and republican wings of the UniParty vulture, are in alignment to fundamentally change the U.S. economy, justified via climate change, and kick start their carbon trading platform.    There is no entity in/around Washington DC trying to stop the economic collapse caused by energy policy.

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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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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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Mohamed El-Erian, a Blooomberg Opinion contributor, cracks me up in his efforts to avoid speaking directly.  Generally, El-Erian knows the situation, he was one of the first to identify the issue with inflation in March 2021.   However, he continues avoiding any mention that the U.S. economy is already in a negative position for growth.

Consider this…. In this interview El-Erian says he believes the Fed will flip-flop and lower rates in reaction to what is happening in the economy.  Keep in mind, the only reason for the Fed to reverse rates so quickly is if the economy is already in a demand side contraction and the latest .75% increase in rate is being done into a negative GDP environment.

Of course, the reality is exactly that.  The U.S. economy is already contracting, mostly because of inflation chewing up the supply side, and the Fed is factually raising interest rates into an economy already in a demand side recession.  But everyone must pretend that’s not the case, so here’s El-Erian saying Jerome Powell is going to end up reversing himself, flip-flopping, which doesn’t make sense if you don’t first establish that the economy is right now shrinking as he speaks.  WATCH:

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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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Y’all saw this coming months ago.  The Biden administration is now considering sending taxpayer funded “gas cards” to taxpayers who cannot afford the gasoline prices created by the Biden administration energy policy.  Yes, murica’ it’s a circle of stupid.

WASHINGTON – […] Biden officials are taking a second look at whether the federal government could send rebate cards out to millions of American drivers to help them pay at gas stations — an idea they examined months ago before ruling it out. Aides had found that shortages in the U.S. chip industry would make it hard to produce enough rebate cards, two people familiar with the matter said. White House officials also fear there would be no way to prevent consumers from using them for purchases other than gasoline, according to another person familiar with the discussions.

[…] Biden aides have also looked in recent days at invoking the Defense Production Act to move diesel and other refined products should localized shortages materialize, two people familiar with the matter said.

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Much is being made of Mayra Flores flipping Texas CD-34 (South Austin through Rio Grande Valley) from democrat to republican with a special election victory last night.  Indeed, a great many cocktail class republicans, those who couldn’t identify a taco without a bell next to it, are waxing philosophically about the political ramifications and what it means.

However, in ordinary terms, what Flores did was highlight a commonsense cultural disconnect between modern leftists and working-class Latinos who carry one of the best and most valuable dispositions for this day and age…. An unwillingness to pretend.

Men have penises and cannot have babies.  Women do not have penises and can have babies. That might sound radical given the incessant drumbeat from leftist, DC, Marxist democrats who manipulate sociology and science, but it’s the truth.

Spend time with any Latino group, family, friends or coworkers and start talking about the modern political left, and you will quickly find out this is one socioeconomic group who are not into this modern cultural pretending.  Their willingness to speak quiet truth is refreshing, even if they -at first- keep quiet until they see that you are not sold into the cultural ‘isms’ of madness.

Faith and family are important to the Latino community.  Additionally, a tradition of respect for pragmatic commonsense within the social fabric of the Latin and Mexican culture also inoculates them from gender nonsense.  It takes a few generations of American cultural infection before the commonsense synapse is numbed by the democrat drumbeat.

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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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