The Bureau of Labor and Statistics has released the May inflation report [DATA HERE] showing a 1.0% increase in the month of May, bringing the rate of inflation to 8.6 percent.  The highest rate of inflation in over 40 years.

This month of inflation data is particularly important because it cycles through the May 2021 calendar comparison from last year when the first wave of massive inflation first triggered.  The current year-over-year 8.6% rate of inflation now lands atop twelve months of massive increases in prices.

The data clearly shows how energy costs are the dominant factor hitting every aspect of consumer purchasing.  Gasoline increased 4.1% for the month, 48.7% year-over-year.  Fuel Oil increased 16.9% in May, 106.7% year over year.

The energy sector is crushing the ability of consumers to spend on anything else.   Real wages declined in May 0.6% as paychecks are being eaten up by massive inflation.  On an annual basis wages have declined by 4% year-over-year [BLS DATA].

Unfortunately, there is no forward optimism for any change in energy policy from the Joe Biden White House, that means energy costs will continue skyrocketing as the ideologues in control of the administration push their climate change Green New Deal policies.

Additionally, we still have the third wave of massive food price increases to look forward to later in the summer as the big increases in field costs start to reach the supermarket.  Those food store increases will average around 20 to 30% more than current.

Table-2 gives you a great breakdown of the price increases in specific sectors within each of the larger categories.  [SEE HERE] Eggs increased 5% in May, that’s a 60% annualized rate of inflation for eggs, which are already 32% more than last year.  Chicken is exceeding 30% inflation and growing.

(more…)

If you know the way Washington DC thinks, specifically thinks about their own scale of importance amid a world filled with lesser people who do not understand the value of their elite place in the construction of government, then you could easily predict what is happening right now.

A previous senate bill that would have afforded security details to Supreme Court Justices, is now stalled in the House of Representatives as Nancy Pelosi and top Democrat politicians add an additional set of people who should gain the full benefit of taxpayer funded security details.

Democrats in the House are using the opportunity provided by bipartisan agreement to enhance the personal security services for the Judicial Branch, in order to assign the same privileges to staff, aides and people who work within the administration of government. DC is nothing if not predictable in their elitist view of their self-importance.

At the same time as Nancy Pelosi and House Democrats, along with some insufferable republicans who pretend not to know how these issues are always manipulated to the benefit of the administrative state, are urgently constructing limits and restrictions to disarm lawful Americans; they are simultaneously building their own system of personal protective services to insure they never have to face the same physical risks they initiate upon everyone else.

WASHINGTON DC – […] House Democratic leadership didn’t agree to the vote because they want a broader bill that would include enhanced security, which could include extending protection to clerks and other staff.

(more…)

The American public’s opinion of Joe Biden is worse than any former occupant of the oval office. Biden is in a competition with Jimmy Carter for the worst economic policy in our nation’s history. With polling that low, he cannot weigh in on anything of importance – especially gun control legislation.

It appears the White House has chosen to use Hollywood actor Matthew McConaughey as the point person for new legislation in the aftermath of the Uvalde school shooting. McConaughey is a native of Uvalde and delivered an impassioned speech earlier today from the White House. WATCH:

.

The basic framework of new legislation looks like a raising of the age from 18 to 21 to purchase an AR-style rifle, increased investment in mental health, and federal “red flag” laws.  Of the proposals the “red flag” laws are the most problematic.

We have seen how ideologues in social media operate.  It is not a stretch to predict in today’s DOJ, they would accept a “red flag” list of Trump supporters from a social media site moderator and send out the ATF swat team.  However, well intentioned he might be, Mr. McConoughey is wrong on the red flag component.

(more…)

[Hat Tip Gateway Pundit for capturing the interview] Earlier this evening Tucker Carlson used his opening monologue to highlight recent examples of the two-tiered justice system within Washington DC. {Direct Rumble Link}

At the conclusion of the monologue, Carlson interviews former Senior President Trump economic and trade advisor Peter Navarro.  Mr. Navarro explains more details about the background of his contact with the J6 committee and the DOJ/FBI.  WATCH:

(more…)

Earlier today, Joe Biden, working toward the agenda of Elizabeth Warren, Bernie Sanders, Wall Street multinationals, and the radical climate change activists within the far left of the socialist democrat party, declared a national emergency around the issue of U.S. energy prices and policies. [SEE HERE]

On the front side of the justification, the people in control of the Biden administration, claim that current and future increases in energy prices are likely to do severe damage to the economy and the lives of all Americans.  However, in the background of the issue, this is the ‘never let a crisis go to waste’ phase of an energy crisis the administration has intentionally created.

The real goal is to fundamentally transform the foundation of the U.S. economy away from fossil fuels and into a new era of clean renewable energy. This is what all of the Biden cabinet officers now refer to as the “economic transition” phase.

Joe Biden’s executive announcement today is the triggering of increased federal government control over the United States energy system.

Ideological government intervention, completely disconnected from the free market, is facilitated by the declaration of a federal national emergency:

[WHITE HOUSE] – Today, President Biden is authorizing the use of the Defense Production Act (DPA) to accelerate domestic production of clean energy technologies – unlocking new powers to meet this moment. Specifically, the President is authorizing the Department of Energy to use the DPA to rapidly expand American manufacturing of five critical clean energy technologies:

• • Solar panel parts like photovoltaic modules and module components;
  • Building insulation;
  • Heat pumps, which heat and cool buildings super efficiently;
  • Equipment for making and using clean electricity-generated fuels, including electrolyzers, fuel cells, and related platinum group metals; and
  • Critical power grid infrastructure like transformers.

(more…)

Within the same 30-day cycle Joe Biden asked Venezuela to produce and deliver more oil in order to help him politically.  The Venezuelan government, having been the subject of an attempted coup and sanctions driven by the DC interventionist mindset, refused to assist.  Joe Biden then refused to invite Venezuela to his Latin-America summit scheduled for this week.

Latin-America leaders are not stupid.  It doesn’t matter whether the self-interested bully comes from the east or the west, they are not blind to the parasitic self-interest contained within the blackmail of any larger nations on the geopolitical stage; especially as the cleaving of the west and east is taking place with increased ferocity.

Today Mexican President Andres Manuel Lopez-Obrador announced he will not attend Joe Biden’s Latin-America summit.

AMLO joins the leaders of Bolivia, Guatemala, Honduras and the tiny Caribbean state of St. Vincent in refusing to attend the summit because Cuba, Venezuela and Nicaragua were blocked from attending by the Biden administration.

(Via Wall Street Journal) – […] After weeks of wrangling over the issue amid threats of country boycotts, the administration excluded the three autocracies due to U.S. concerns over human rights and lack of democratic institutions in those countries, the officials said. The regional summit, scheduled for June 6-10 in Los Angeles, is expected to focus on migration and economic issues.

“I’m not going because not all the countries of America are invited,” said Mexican President Andrés Manuel López Obrador Monday at his daily press conference. The Mexican leader said he had a good relationship with Mr. Biden and that he planned to visit the White House in July.

(more…)

In a letter filed with the SEC [SEE HERE], Tesla CEO Elon Musk is threatening to walk away from the agreement to purchase the social media platform Twitter, if the company does not provide transparency on their internal analysis surrounding fake Twitter accounts.

The letter was sent to Twitter and filed with the SEC after Twitter seemingly refused to provide details about how they can verify the accurate number of active user accounts. There is a strong possibility the purchase is now less likely.  The full transcript of the letter is below:

[SEC Filing] – Dear Ms. Gadde: We are in receipt of correspondence sent on Twitter’s behalf dated June 1, 2022, responding to Mr. Musk’s request for the data and information described in my letters dated May 25, 2022 and May 31, 2022.

Mr. Musk does not agree with the characterizations in Twitter’s June 1 letter. Twitter has, in fact, refused to provide the information that Mr. Musk has repeatedly requested since May 9, 2022 to facilitate his evaluation of spam and fake accounts on the company’s platform.

Twitter’s latest offer to simply provide additional details regarding the company’s own testing methodologies, whether through written materials or verbal explanations, is tantamount to refusing Mr. Musk’s data requests. Twitter’s effort to characterize it otherwise is merely an attempt to obfuscate and confuse the issue. Mr. Musk has made it clear that he does not believe the company’s lax testing methodologies are adequate so he must conduct his own analysis. The data he has requested is necessary to do so.

(more…)

Republicans in Washington DC, the right wing of the UniParty vulture, play the game of Chaff and Countermeasures whenever it comes to the investigation of lawbreaking that targets people outside the system.  If you are an ‘ordinary’ American with no connection to the insider’s club, the best you can hope for is a strongly worded message of support from the GOP.  Prior examples of Chaff and Countermeasures have included: Fast and Furious, IRS Targeting, Benghazi, Spygate, Trump-Russia Collusion, and the 2020 election fraud.

STEPS: 1) The electorate become aware of a political issue or action; often illegal. 2) The electorate becomes angry. 3) DC needs to protect itself. 4) Countermeasures are assigned and deployed to delay, obfuscate and create the illusion of investigation of the illegal governmental action. 5) Electorate watch. 6) Investigation goes nowhere. 7) Countermeasure deployment successful. 8) Pause-Wait-Repeat.

John Ratcliffe appears on Fox News with Maria Bartiromo to discuss the outcome of the Michael Sussmann not-guilty verdict.  Ratcliffe waxes poetically noting the evidence at trial looks very badly upon the Robert Mueller and Andrew Weissmann investigation.  Ratcliffe says justice is going to have to come at the ballot box.   WATCH:

In response to the arrest of Trump advisor Peter Navarro, which included handcuffs and leg-irons for a perp walk, Mr. Ratcliffe notes that FBI Director Christopher Wray should probably look into that…. As if Direct Chris Wray wasn’t an active participant in the decision-making.  Mr. Ratcliffe does a great job pretending not to know things.

(more…)

Here is one succinct interview containing the smorgasbord of far-left policies the people behind Joe Biden are proposing as the solution to the inflation crisis they have created. It is remarkable to see it all packed into one 8-minute segment.  There is so much crazy in here it would take a week of articles to unpack it.

The ultra-leftist Biden Transportation Secretary, Pete Buttigieg, appears on ABC with George Stephanopoulos to discuss the solutions to the massive economic collapse that looms all around us.  Within the interview Buttigieg states the Biden administration goal is to use the high cost of living (policy driven inflation) as an opportunity for the government to take over household expenses and create equity via government distribution.

If reasonable people do not intervene quickly, the executive branch and legislative branch will move to begin subsidizing and controlling medicine, childcare, housing and food costs by diverting tax dollars into the social equity system.  Depending on income, the Biden administration plans to offset higher prices for Americans by providing the essential services and products they need.  In essence, Democrat-Socialism with a filter of equity in distribution, ie “enhanced dependency.”  WATCH:

Remarkably, Stephanopoulos references one of the most insane New York Times op-ed’s ever written around economics {ARTICLE HERE}.  Within the reference, the Democrat legislative proposal is for the government to take over the purchasing of essential products like food, fuel, gasoline and medicine.  The government would then distribute those products.  The entire premise is based on some academic leftist theory of economics that is just nuts. It looks nothing like capitalism.

The baseline for the approach contains the premise that inflation is driven by too many people chasing scarce goods. Thus prices are rising.  This is how the Democrats look at inflation and explain the problem.  Their solution is for government to buy the food at the prices they claim people cannot afford, and then sell the food at prices they claim the people can afford.  [Replace ‘food’ with any item they determine]

(more…)

Republican Senator Pat Toomey (R-PA) and Democrat Senator Chris Murphy (D-CT) appear on Sunday broadcasts to discuss the most likely framework the Senate group is putting together for new gun control legislation.

The general convergence appears to surround: •a possible raising of the age to purchase a semi-automatic rifle (definition to be determined) from 18 to 21; •new federal red flag laws and/or financing to state government to construct ‘red flag’ laws; •increased federal funding for mental health screenings and facilities; and •new federal background check requirements for gun purchases.

Pat Toomey appeared on Face the Nation, while Chris Murphy appeared on CNN with Jake Tapper.  Both interviews below, starting with Pat Toomey on CBS [Transcript Link Here] WATCH:

(more…)