Immediately following the statements by West Virginia Senator Joe Manchin, earlier today, which effectively ends the Senate Build Back Better bill, the White House releases a lengthy statement [READ HERE] blasting Senator Manchin and releasing the leftist hounds from Hell upon him.

This reaction from the White House is exactly what the communist Democrats do whenever they are rebuked.  We should anticipate the extremely angry Biden administration will retaliate with even stronger economic punishment against all Americans this Tuesday.

WHITE HOUSE – “Senator Manchin’s comments this morning on FOX are at odds with his discussions this week with the President, with White House staff, and with his own public utterances. Weeks ago, Senator Manchin committed to the President, at his home in Wilmington, to support the Build Back Better framework that the President then subsequently announced. Senator Manchin pledged repeatedly to negotiate on finalizing that framework “in good faith.”

On Tuesday of this week, Senator Manchin came to the White House and submitted—to the President, in person, directly—a written outline for a Build Back Better bill that was the same size and scope as the President’s framework, and covered many of the same priorities. While that framework was missing key priorities, we believed it could lead to a compromise acceptable to all. Senator Manchin promised to continue conversations in the days ahead, and to work with us to reach that common ground. If his comments on FOX and written statement indicate an end to that effort, they represent a sudden and inexplicable reversal in his position, and a breach of his commitments to the President and the Senator’s colleagues in the House and Senate.

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Admittedly, it takes quite a bit to raise my blood pressure, but this is one of those real-world issues that does it.  There are a lot of really good people in upstate New York and outside the boundaries of that crazy city they are best known for.  The New York state assembly passing a bill [A416 LINK HERE] to set up involuntary COVID quarantine camps needs to be stopped right now.  This is nuts.

The bill is obtuse in the extreme, and grants the state permission to remove and detain someone defined as “a significant threat to public health.”  Those of you who have watched the creation of Quarantine Camps in Australia, and those who noted the ongoing activity in Australia seems designed to be a beta test for the USA, will quickly see the common thread with this proposal in New York.

The bill, A416, was originally introduced in January 2021 and made its way into committee.  According to The National Pulse, New York is about to vote on this bill on the floor on January 5, 2022 (about three weeks away).  You can provide feedback directly at the public link to the proposal [SEE HERE]

I am a firm believer in federalism, and the independent right of states to construct their own laws and choices.  However, that said, it is also important for everyone to stand up for our brothers and sisters, regardless of their location behind enemy lines, and assist them in the fight to retain their own freedom when possible.

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Among other things annoying about their collective nonsense, the communist Democrats are linguistic agitators. While known for their insufferable victimhood positions in all of their arguments, this latest example highlights just how insane and ridiculous this AOC tribe has become.

Originally, they moved from “silence is violence“, to speech they didn’t like hearing about being called violence.  Indeed, anything the leftists do not like, they find some way to equate it with violence against them.  At a certain point it all becomes silly, and the frustrated audience tells them to shut up, and stop being stupid.

However, not going to be denied the opportunity to spread the moonbat nonsense, a member of the AOC squad, Ms. Ayanna Pressley, now rises to say that if American taxpayers do not forgive the mountain of student debt (created by attending college to learn how to be a better communist), then taxpayers are being violent against her:

Anger is a very visible response from the leftists whenever their policies are rejected.  The modern political left does not view rejection as a rebuke of their ideology, instead they view rejection as a need to push harder.

From the generation of new communists, insanely narcissistic people created by parents who were jaw-droppingly coddling and overindulgent, they need to reeducate their target.  They need you to change your thinking and perspectives from incorrect thoughts they don’t agree with to correct thoughts that align with their selfish worldview.  To achieve this outcome, the only acceptable path is to push their insanity even harder.

They have learned from their emotional experiences as children that eventually every parent will relent.  There is now an entire generation who apply that experience toward their bosses, their colleagues and every interaction in their life.   Yes, if you put anyone from this generation into a position of power or influence, what you get is exactly what Pressley and the AOC tribe are doing.  Their worldview is based on a cognitive and emotional inability to contemplate their ideology is flawed.

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West Virginia Senator Joe Manchin appears to be done with the badgering and pressure over the Build Back Better legislation.

Politico reports the discussions between Senator Manchin and the White House are at a stalemate, with the White House saying “things are going poorly.”  Meanwhile, the New York Post is reporting that Manchin finally exploded on communist stenographers who have been continually hounding him for the past two months.

Senator Joe Manchin on Wednesday angrily shouted at reporters to go away — telling one, “You are bulls–t!” and “I’m done!” after he was peppered with questions about his reluctance to support President Biden’s mammoth social spending bill.

“I’m not negotiating with any of you, OK?” the West Virginia Democrat said as reporters followed him around Capitol Hill. 

Eventually Manchin added, raising his voice: “You guys, let me go. This is bulls–t. You are bulls–t! OK? I’m done! I’m done! God Almighty.” (link)

The communist guerillas never relent, they just modify their attack angles to keep pushing forward.

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Apparently living amid a city that is fraught with crime is comfortable for a lot of people in San Francisco, at least according to one of the most leftist Mayors in the nation.  You know things are bad when the Mayor of San Francisco, who ran on a platform to remove cops from the streets, starts shouting about the “bull**it that has destroyed the city”, and proclaiming that rampant lawlessness needs to stop.

San Francisco Mayor London Breed delivered a statement yesterday that is the exact opposition of her social program message from the past few years.  Apparently, the rise in random gangs of looters destroying the city and organized retail theft has become problematic for the politicians who hold power over the city.

Quite a remarkable shift in position, however, the transparency of motive is clear.  Breed’s faux anger and conveniently new frustration over the crime surge in the city were on full display at her noon news conference where she changed the rules of the safari park.   WATCH:

Democrats are worried about how their anti-police position has brought the criminal chickens home to roost.  Politically, Democrats -writ large- are trying to distance themselves from the crime their policies have created.  National polls show voters are correctly attributing the rise in crime to Democrats.  Thus, they need to change direction quickly.

SAN FRANCISCO – After months of viral videos showing deteriorating conditions on the streets of San Francisco, including smash-and-grab robberies and open-air drug use, the city’s mayor has moved to implement a new public safety approach to curb criminal behavior. Her move could signal a recognition by the Democratic establishment that crime may prove a potent issue in upcoming elections.

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We said it was happening {Go Deep}, and it is.  Last month CTH put the preparation window at 60 days +/- depending on region.  That window is now around 30 days before the next spike in inflation shows up from cumulative costs snowballing throughout the supply chain. The “producer price index” is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate and Final.

The final product inflation rate in July (reported in August) was alarming at 7.8%. However, we warned it would get worse. The Bureau of Labor and Statistics (BLS) then released stunning price data for October [DATA Here], showing an even more dramatic 8.6% price increase in final demand. More intense warnings shared.

Today, we get the November BLS Result [DATA Here], and unfortunately the results are showing what was expected.  The cumulative costs of massive increases in energy prices are building into the supply at an astonishing rate.  The November data shows a rate of wholesale final goods inflation at 9.6%, the largest single month comparative rate increase in history.

The bureau even went back and revised/increased the August price index from 7.8 to 8.4 percent, and revised/increased the October figure from 8.6 to 8.8 percent.  The average monthly price increase is almost a full percent… every month.  It looks like the BLS backward revisions are an attempt to smooth down the rate of increase.

(BLS) – “The Producer Price Index for final demand increased 0.8 percent in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.6 percent in each of the 3 prior months. (See table A.) On an unadjusted basis, the final demand index rose 9.6 percent for the 12 months ended in November, the largest advance since 12-month data were first calculated in November 2010.” (more)

I modified Table A (final demand product pricing), taking out some of the noise to make it a little easier to see the big picture of what is happening.

When you see the wholesale level of prices almost double the increase in consumer level inflation rate, you can predict that consumer prices will likely go even higher.  Future finished goods, at a retail level, will carry the current wholesale price increase.

Stuff costs a lot now… and because the inbound stuff to make the finished goods is still climbing in price…. stuff is about to cost even more.   You can see this in the inflation rate of intermediate goods which I have highlighted below.

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I’m not confident that Joe Manchin will ultimately hold the line on more spending; however, it is interesting that on the same day Manchin is reported to be casting doubt on more Joe Biden social spending {LINK}, the Washington Post published a hitjob on him around his family finances {LINK}.

Accepting there are no coincidences in politics, it would appear the intelligence agencies are firing a warning shot against Senator Manchin based on his financial connections to the West Virginia coal industry.

(New York Times) – WASHINGTON — Senator Joe Manchin III of West Virginia, the most prominent Democratic holdout on President Biden’s $2.2 trillion social safety net, climate and tax bill, cast fresh doubt on Monday on his party’s plans to speed the measure through the Senate before Christmas, saying he still had grave concerns about how it would affect the economy.

Mr. Manchin outlined his skepticism before speaking by telephone about the bill with Mr. Biden, a discussion that aides to both later characterized as positive. After the call, Mr. Manchin, who represents West Virginia, did not rule out the possibility of supporting the measure this month. He said that “anything is possible here” when asked about a vote before Christmas, and that he was still “engaged” in conversations with the White House.

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Well, there’s another “economist” who can be set into the folder of ‘no longer useful’.  During his appearance today on CBS Face The Nation, Mohamed El-Erian, chief economic adviser for Allianz, finishes his segment by revealing his underlying precept: Climate Change policy is now the economic policy driver of all his investment advice.

Within the interview, El-Erian said the “characterization of inflation as transitory is probably the worst inflation call in the history of the Federal Reserve.”  Additionally, El-Erian said inflation is likely to remain high into the next year and perhaps beyond.  Unfortunately, other than those two points of generally well educated accuracy, everything else is wrapped up in the political correctness of climate change…. which, you don’t really discover until the very end of the interview. WATCH:

The baseline for El-Erian saying the Build Back Better spending fiasco is a good thing, is based on accepting the pretense that massive amounts of federal spending will be needed to structurally change the U.S. economy from fossil fuel use to the Green New Deal.   If you do not believe in this transformation, there is no merit to any component of the BBB spending proposal. It really is that simple.

As a consequence, El-Erian is staking the position that climate change agenda politics is now the focal point from which all other economic policy will be determined.  He has conceded in his mind and worldview, perhaps based on his associations and peer discussions, that any forward economic analysis must therefore establish itself from the alternative fuel position.

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ABC/IPSOS are trying hard, very hard, to provide cover for Joe Biden. [IPSOS Release Here – pdf data Here]  However, even within what they call a “probability-based sample of pre-selected” Americans, aka “the knowledge panel“, the responses toward Joe Biden show a nationwide rejection of the White House occupant.

A heavily weighted sample of 28% support Biden’s efforts on inflation.  The rest of their pre-selected panel say he sucks.

Another weighted sample shows 36% think Biden is doing a good job on crime.  The rest of their pre-selected panel say no, Biden sucks.

(Via ABC) President Joe Biden is facing significant skepticism from the American public, with his job approval rating lagging across a range of major issues, including new lows for his handling of crime, gun violence and the economic recovery, a new ABC/Ipsos poll finds.

[…] More than two-thirds of Americans (69%) disapprove of how Biden is handling inflation (only 28% approve) while more than half (57%) disapprove of his handling of the economic recovery. 

[T]he survey also reveals weaknesses from Biden’s own party with only a slim majority of Democrats (54%) approving. Biden’s orbit is also hemorrhaging independent voters, with 71% disapproving of his handling of inflation.

[…] As the national murder rates see historic jumps, only a little more than 1 in 3 Americans (36%) approve of Biden’s handling of crime, down from 43% in an ABC News/Ipsos poll in late October. (read more)

The White House strategy to deny chaos created by their policies, and yet demanding that media report good things about Main Street collapsing, does not seem to be working.  Apparently, an overwhelming majority of Americans now believe what they see and feel for themselves.  (more…)

Several people have emailed asking for opinion on the Yahoo News article [READ HERE] outlining Ali Watkins as a victim of the horrible investigative apparatus that targets journalists who are involved in leaking and denying leaking, “Top Secret, Classified Information” from their narrative engineering positions.  {{Insert Eyeroll Here}}

Having read the lengthy article a few times, there are some interesting aspects and also a lot of nonsense in the grand scheme of things.  The motive for the article appears to be a defense against government investigating journalists, and a sub-sector of one of the intelligence agencies (Customs and Border Patrol) having a semi-rogue actor named Jeffrey Rambo. Ali Watkins was contacted by Rambo in 2017 based on his discovery of her connection to Senate Intelligence Committee Security Director James Wolfe.

You have to read the article [HERE] to see where the author, Jana Winter, is coming from.   Overall, the article is a little weird and defensive, and frames a position that secretive U.S. government agencies should not be conducting surveillance on U.S. journalists.   Much of the article is not too interesting to anyone who is not a journalist. However, there are a few parts worth noting. One paragraph specifically, which I’ll get to.

First… The author Mrs. Jana Winter and Ali Watkins are lying about a very key point.  Watkins claims James Wolfe never leaked any classified information to her, and Jana Winter makes that point repeatedly.  This is a lie, they are liars – [sue me].    James Wolfe did leak classified information to Ali Watkins, who was writing for Buzzfeed at the time, which Watkins then shared with her friends and peers in the media.   One specific classified leak was the Carter Page FISA application, which Wolfe leaked to Watkins in March of 2017.

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