As expected, the Federal Reserve has raised interest rates .50%.  However, inflation is expected to remain high as prior spending debt bubble remains in place.

WASHINGTON, May 4 (Reuters) – The Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 years, and the U.S. central bank’s chief made an appeal to Americans struggling with high inflation to be patient while officials take the hard measures to bring it under control. (read more)

Within hours of the announcement, major U.S. banks including JPMorgan Chase & Co, Wells Fargo Bank and Citibank raised their prime rate to 4%, effective Thursday.

The timing of the rate increase is what was expected.  Last year’s inflation spikes started appearing in June of 2021.  By delaying the 2022 FED response until right now, the political operatives in control of U.S. monetary policy create a scenario where the Fed impact will appear to surface in June of 2022. Exactly one year from the date of the first wave of inflation from the prior COVID spend.

Year-over-year inflation will statistically begin to give the appearance of moderation, once the June (’21) to June (’22) comparison cycle arrives.  The Fed and White House will use the intentionally timed statistical outcome to claim inflation is diminishing.  It’s a political trick we expected.

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Kentucky Senator Rand Paul questioned DHS Secretary Mayorkas about what constitutes disinformation and what will the DHS Disinformation Bureau do about it?  {Direct Rumble Link}

After multiple back and forth dodges by the DHS Secretary, at 06:40 Mayorkas slips a little and gives an example using the COVID vaccination program. After giving the example of a hypothetical claim of the vaccine containing fentanyl, Mayorkas asks “should I sit back and accept that,” meaning do nothing about it.

Right there Mayorkas gives away the intent and purpose of the Ministry of Truth.  Identify disinformation, then communicate with the networked partnership of social media companies, and then target whoever made the claim.  The government then controls the speech.  The government then becomes the arbiter of what is true and/or false.  The problem as Rand Paul is drilling down, is that ultimately government will approve speech.  WATCH:

There is no such thing as “disinformation.”  There is information the government approves of, and information that is averse to the interest of government.  That’s the bottom line and the end of this regulatory slippery slope discussion.

Example: Ask the DHS Disinformation Governance Board if a fetus is a baby human?

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Defying threats from the European Union, Hungary has announced they will not stop purchasing oil and gas from Russia and join a blockade of energy products by the 27 member EU alliance.

CTH has been watching carefully for several weeks; looking, reading and observing the expressed priorities of Elon Musk in an effort to evaluate his free speech intents and purposes.  After careful and cautious consideration, I can now say Elon Musk is the closest thing to John Galt in our lifetime.

Today, Mr. Musk drew attention to one of the central cancers. Musk is highlighting the strategy leftists use to target corporations, demand they withdraw advertising dollars, and force them into compliance against any unapproved platform designated by the woke mob.

[CNN Story Here – MMfA Letter Here – Elon Musk Tweet Link Here]

David Brock’s Media Matters for America (MMFA) has organized an activist campaign against companies who advertise on Twitter. [SEE LETTER HERE]  Their intent is to assemble all of the radical activist groups, directly target any company who would advertise on Twitter and by extension force woke compliance by the social media platform Musk is purchasing.

The letter urges advertisers to make their next ad deals with Twitter contingent on changes to platform policy under Mr Musk.  However, Musk is pushing back against the effort by asking, “who funds these organizations that want to control your access to information? Let’s investigate.” He then goes on to tweet, “Sunlight is the best disinfectant.”

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A few hours ago, the installed occupant of the white house delivered impromptu remarks to the press concerning a leaked draft from a pending Supreme Court decision. [Video and Transcript Below]

[Transcript] – Q What do you think of the ruling — or the draft that leaked, sir?

THE PRESIDENT: “Well, first of all, I just got a call saying that it’s been announced that it is a real draft, but it doesn’t represent who’s going to vote for it yet. I hope there are not enough votes for it.

It’s the main reason why I worked so hard to keep Robert Bork off the Court. It reflects his view almost — almost word — anyway.

Look, the idea that — it concerns me a great deal that we’re going to, after 50 years, decide a woman does not have a right to choose within the limits of the Supreme Court decision in Casey, number one.”

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The U.S. Supreme Court has issued the following statement:

Supreme Court – “Yesterday, a news organization published a copy of a draft opinion in a pending case. Justices circulate draft opinions internally as a routine and essential part of the Court’s confidential deliberative work. Although the document described in yesterday’s reports is authentic, it does not represent a decision by the Court or the final position of any member on the issues in the case.

Chief Justice John G. Roberts, Jr., provided the following statement:

“To the extent this betrayal of the confidences of the Court was intended to undermine the integrity of our operations, it will not succeed. The work of the Court will not be affected in any way.

We at the Court are blessed to have a workforce – permanent employees and law clerks alike – intensely loyal to the institution and dedicated to the rule of law. Court employees have an exemplary and important tradition of respecting the confidentiality of the judicial process and upholding the trust of the Court. This was a singular and egregious breach of that trust that is an affront to the Court and the community of public servants who work here.

I have directed the Marshal of the Court to launch an investigation into the source of the leak.” (LINK)

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This is why Nancy Pelosi and Adam Schiff were in Kyiv yesterday…

The details of the Joe Biden $33 billion supplemental budget allocation have been released.  I would strongly urge everyone to read the proposal which now heads to congress for passage {SEE pdf here}.

The spending request outlines a massive amount of money for various ideological foreign policy initiatives under the guise of Ukraine relief (it isn’t).  The proposal outlines a kickback and bribery scheme.

Some of the spending includes an allocation of funds to the State Dept including funds to USAID to “provide $8.8 billion to the Department of State for economic support and assistance to the people of Ukraine and other affected countries, including direct budgetary support, as well as support for food security, democracy, anticorruption, cybersecurity, counter-disinformation, human rights, atrocity documentation, energy, and emergency infrastructure needs.” {pdf page 41}  The request specifically authorizes the transfer of these funds globally, outside of Ukraine.

{READ SOURCE DOCUMENT}

Apparently, the State Dept is going to set up an international version of DHS “disinformation governance board.”  But wait, it gets worse…

U.S. taxpayers are also going to subsidize farming in Europe and fund the climate change initiatives by paying for the development of alternate energy sources. “This would include [$500 million] support for small- and medium- sized agrobusinesses during the fall harvest and for natural gas purchases by the Ukrainian state energy company.” {page 44}

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Joe Biden has asked congress for two supplemental spending packages, $33 billion for the Ukraine/NATO money laundering operation (supported by both wings of the DC UniParty), and an additional $22 billion to deal with COVID, ie the money DC will use to send to states for another round of mail-in ballots for the November mid-terms.

Hillary Clinton’s former Vice-Presidential running mate, Virginia Senator Tim Kaine, appeared on CBS Face the Nation to discuss.  As noted by Senator Kaine, the Senate will happily authorize the $33 billion for Ukraine; however, the COVID spending bill will more likely run into resistance from the Republicans in the Senate who want to extract some of their own Wall Street priorities.

The forward-looking solution, as it appears from the Kaine perspective, is for Mitch McConnell and Chuck Schumer to work out a deal where both spending packages are bundled. This approach gives cover to the DeceptiCon wing of the republicans to support the COVID mail-in ballot funding scheme, in order to keep their UniParty proxy war in Ukraine fully funded.  WATCH:

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Skipping past the discussion of the DHS “disinformation board,”….. While appearing on an ironically named CNN broadcast “The State of Our Union”, Homeland Security Secretary Alejandro Mayorkas tells John King’s ex-wife, that for several months (“since Sept 2021″) DHS has been preparing to start handling and processing 18,000 illegal aliens per day (540,000/mo) as soon as CDC Title 42 is lifted.

If DHS estimates are accurate, between now and the November mid-term election, DHS will import an additional 3,000,000 illegal aliens from various nations around the world, through the U.S-Mexico border.

Cumulatively, this arrival estimate will put the number of illegal aliens arriving in the United States during Joe Biden’s first two years in office somewhere north of 10 million people. For scale, that’s an imported group of illegal aliens three times the size of the population of Mississippi.  WATCH:

If his own estimates are correct, in combination with prior arrivals, the aggregate number of illegal aliens will easily exceed 50 million by the end of the year; more than twice the population of Pennsylvania and Ohio combined.  Illegal aliens living in the U.S. will exceed 15% of the total population.

Approximately one-third of the United States workforce will be illegal aliens.

What do you think that scale of illegal labor does to wages?

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House Speaker Nancy Pelosi led a quietly organized trip with a small group of senior House Democrats, including Foreign Affairs Committee Chair Gregory Meeks (D-N.Y.), Intelligence Committee Chair Adam Schiff (D-Calif.), and Rules Committee Chair Jim McGovern (D-Mass.) to Ukraine.

The trip comes as Joe Biden is asking congress for an additional $33 billion in aid to fund the government of Volodymyr Zelenskyy, bringing the total U.S. taxpayer laundry operation to around $50 billion.  Pelosi and Schiff likely setting up the mechanics for the distribution of funds to include congressional family indulgency fees, or Fourth Branch brokerage costs.

“Our delegation traveled to Kyiv to send an unmistakable and resounding message to the entire world: America stands firmly with Ukraine,” the group said in a statement. “When we return to the United States, we will do so further informed, deeply inspired and ready to do what is needed to help the Ukrainian people as they defend democracy for their nation and for the world.” (link)

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