ABC always pairs with The Washington Post for their media polling [DATA pdf HERE].  It has always made sense for the deep swamp (DC Inc) to work with the intelligence PR firm of the Washington Post, as they attempt to prop up their politics.  Unfortunately, the results of the latest outlook look terribly horrible for their future.

Why does George Stephanopoulos have a case of the sads… “As things stand, if the midterm elections were today, 51 percent of registered voters say they’d support the Republican candidate in their congressional district, 41 percent the Democrat. That’s the biggest lead for the Republicans in 110 ABC/Post polls to ask this question since November 1981.” The economic outcomes from JoeBama policy are again crushing Americans, as only 29% of voters view the economy as good.

70 percent of Americans say f**k Joe Biden, things are not good.  The key factor is the economy.  With inflation soaring, 70 percent say it’s in bad shape, up from 58 percent last spring. Joe Biden’s approval for handling the economy overall is down to 39 percent. Fifty-five percent now disapprove of Biden’s economic performance. In terms of Biden’s job performance overall, a new low of 41 percent approve, while 53 percent disapprove; similar to his rating on the economy.

The Biden economic agenda is purposefully destroying America with massive inflation that is crushing the middle class. While the majority of Americans do not know the specifics of how the JoeBama policy is doing this, everyone can see and feel the outcomes…. and it is only getting worse.

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One thing CTH does is to look at proposed leftist advancements through the prism of previously blocked moves.  The Joe Biden nomination of avowed communist Saule Omarova to the Treasury Department Office of the Comptroller of the Currency (OCC) should be considered in a similar perspective.

There’s a couple of different issues surfacing in the Omarova nomination.  Obviously, she is aligned with the view that controlling money is another way to control the behavior of businesses and people; Omarova’s previous statements {Go Deep} about intentionally bankrupting oil and gas companies is indicative of the former – and the most recent statements are aligned with the latter.  WATCH:

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Obviously, Saule Omarova is interested in the concept of an all controlling central bank that would eliminate the need for private banking interests.  As she states, “There will be no more private bank deposit accounts, and all of the deposit accounts will be held directly at the fed.”  The basic premise is that all employers would funnel their payrolls into a centralized federal depository, where they would be then be taxed and re-distributed, electronically, to the workers.

One central bank, owned and operated by the federal government, would replace all the purposes within the private banking system.  Given her upbringing in the former Soviet Union, and considering her education at the University of Moscow, perhaps this outlook shouldn’t be surprising.   However, her nomination alone should be viewed as astonishing.

♦ Big Picture – The COVID Passport concept, now currently deployed in Europe and Australia, then becomes the vector for entry into a digital identification process.  At the end of that digital ID process is a centralized database, which, not coincidentally, directly aligns with the capability of the U.S. federal government to trigger what Omarova is advocating in that video – a centralized system to control all financial deposits and transactions through the digital ID previously created.

It doesn’t take a deep thinker to see how the federal government would eventually respond to having that much power over the financial accounts of Americans.  Cue the visual reference:

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The U.S. 5th Circuit Court of Appeals in New Orleans has ruled against the Joe Biden OSHA vaccine mandate calling it “staggeringly overbroad.”

[The 22-page ruling and opinion is AVAILABLE HERE]

The three judge panel upheld its previous decision to put a stay on the order by Joe Biden against companies with 100 workers or more.  The Biden administration had instructed the Department of Labor to require COVID-19 vaccines.  The Biden administration’s effort to use an Emergency Temporary Standard OHSA rule was rejected by the court citing numerous flaws in their review and ruling:

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This article is written as both a representative disconnect of the current administration, and also as a direct warning to readers of a never before seen increase in U.S. food prices.  As grandma always said: “charity begins at home.”

Earlier today in Paris, France, Kamala Harris waxed as philosophically as she could about the inequities around the globe.  Specifically, she proclaimed that world leaders have no excuse for some unknown “we” creating enough food to “feed the entire world” while children are hungry.

The words written for Harris to recite may sound good to an audience who values their own virtue through hollow soundbites and empty phrases; however, there is a very stark and concerning disconnect specifically when it comes to U.S. leadership making these proclamations.  Watch first 30 seconds (prompted):

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“Why have we allowed so many of the world’s children to go hungry when we know that we produce enough food to feed the entire world. […] We must instead agree that these growing gaps are unacceptable,” Harris proclaims with maximum virtue-signaling emphasis in the effort to raise her approval rating.

Meanwhile, the Biden-Inflation cost of food in the United States is increasingly becoming a problem for working class Americans.  Forget feeding children around the world, we are weeks away from people not being able to feed their own kids, and massive shortages in the stop-gap systems like food banks.

I’m not sure people understand yet exactly how desperate things are going to become, so let me be very specific for an audience of long-term readers who have my track record of accuracy to measure my predictions.   Within the next 120 to 180 days, you are about to see butter cost $8 to 10.00/lb at your local supermarket.  Bread will cost $6.00 a loaf, minimum, and other key staple item food prices, in the first two quarters of 2022, will increase 20 to 30% from where they are right now.

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On Monday July 19, 2021, the White House occupant declared that inflation was temporary and would be “transitional”.  Current economists now refute that claim, as inflation continues to escalate at an alarming pace.   In July Joe Biden said (transcript):

“Now, I want to be clear: My administration understands that if we were to ever experience unchecked inflation over the long term that would pose real challenges to our economy. So while we’re confident that isn’t what we are seeing today, we’re going to remain vigilant about any response that is needed.”

Joe Biden was asked a follow-up question after his remarks:

Q Yes, thank you, Mr. President. At what point would you consider inflation unchecked to a point at which you would either consider taking action or you would want to see the Fed take action?

To wit Joe Biden responded:

THE PRESIDENT: “Yeah. There’s nobody suggesting there’s unchecked inflation on the way — no serious economist. That’s totally different”. (link)

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Yesterday, data on the wholesale “Producer Prices” was released showing an 8.6 percent increase in prices for final demand products {DATA HERE}.  That is the increase in cost within the system of bringing products to market.

Today, the “Consumer Price” data was released showing a massive 6.2 percent increase in prices {DATA HERE} for goods that are currently available for sale.  The overall rate of inflation is now 6.2% year-over-year.

When you overlay inflation atop wage growth, the Bureau of Labor and Statistics (BLS) report now shows a decrease in “real wages” of 1.6 percent {DATA HERE}, which is the increase in weekly pay minus the additional costs to buy stuff.   The working class is losing ground rapidly.   Things are ugly and they are fixin’ to get uglier.

Before getting to the part where we can explain exactly how much more we can predict to pay for current products in 90 days (yes, that approximation is possible), first lets look at the actual data on the current inflation rate for products we are buying today.  [Table 2] is the easiest reference for category specific review.

Overall, the prices for groceries (food at home) went up 1.1% in October and 5.4% for the year.   However, several products in the supermarket have jumped massively. Beef jumped 1.9% for the month and is 20.1% higher overall.  Bacon went up 2.1% for the month and is now 20.2% higher for the year.  All processed foods increased at a rate about four times higher than fresh unprocessed foods.

Fuel oil went up 12.3% in October and is now 59.1% higher for the year.  Unleaded regular gasoline went up 3.9% in October and is now 51.3% higher for the year. Piped natural gas went up 6.3% for the month and is now 28.1% higher for the year.  Used vehicles are now 26% higher than last year, and new cars went up roughly 10%.  You can scroll down Table-2 to see each category (second and third columns show year and monthly increases).  It’s unnerving to see the scale of inflation while knowing it will get worse.

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This might be somewhat preaching to the choir, but it’s the only way I know to help Treepers prepare their families according to very visible economic signals happening just over the horizon. Back in August, when we discussed the massive inflation that was climbing straight up, I warned everyone to look behind the finished good prices, into the prices of origination and intermediate goods. {Go Deep}

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 of much higher flowing into the supply chain.

Today, The Bureau of Labor and Statistics (BLS) released stunning price data for October [DATA Here], showing a dramatic 8.6% price increase in Final Demand products at the wholesale level.  As expected prices are still going up, and there’s no end in sight, because the raw material inflation is still higher than current.

[BLS] “The Producer Price Index for final demand increased 0.6 percent in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.5 percent in September and 0.7 percent in August. (See table A.) On an unadjusted basis, the final demand index rose 8.6 percent for the 12 months ended in October.”  (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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We are witnessing a very specific type of electoral frustration caused by officials within a system attempting to stop a communist style fundamental change by taking action within the same system simultaneously collapsing through the actions of the communists.

Joe Biden’s approval rating has collapsed to the lowest level in history {data here} ,which would normally cause a pause amid the political operators.

However, in this new era, where collapsing the U.S. economic and social system is the objective, the polling is irrelevant.

The Obama plan to use Biden as a disposable figure was designed for one specific four year term of maximum damage.

The polling is irrelevant.

Evidence of this purpose is found in the White House telling businesses to continue operating as if the vaccine mandate is legally authorized, despite a court ordered injunction against it {data here}.  We are in a post-constitutional system now where the traditional checks and balances are ignored.   This is a very Machiavellian approach being deployed against the American people.

The U.S. borders are unsecured, and illegal alien hordes are intentionally welcomed.  Again, by design.   Simultaneously, the U.S. military is likely to be put into a crisis position by thousands of critical servicemen rejecting the mandated vaccine {data here}.  Yes, another element of the design.  Saul Alinsky taught the designers how to overwhelm and collapse the system, they are doing exactly that.

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Last week in an event to promote ‘environmental justice‘, Kamala Harris emphasized the priorities of the Biden administration when she held an event to highlight how trees are racist.  This week Transportation Secretary Pete Buttigieg wanted to promote ‘construction and logistic equity‘ while emphasizing the priorities of the Biden administration, so Buttigieg declared that roads and bridges are racist. WATCH:

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A comprehensively incompetent U.S. Energy Secretary, Jennifer Granholm, has the audacity to say that Biden’s administration has no responsibility for gas prices likely to reach $4/gal, and Americans this year are almost certain to pay historic amounts for home heating oil and natural gas.

Everything in this soundbite from her interview with CNN is stunningly false, manipulative and misleading.   The U.S. has an abundant amount of energy resources, likely more oil than all other OPEC countries combined in Alaska alone.   The issue is a current administration that refuses to extract oil and natural gas because they are purposefully and intentionally intent on destroying the U.S. economy under the guise of climate change.

Granholm admits that gasoline is likely to go beyond $4/gal in the national average, and home heating costs are almost certain to crush Americans this year.  Infuriating to see such willful stupidity go unchallenged.  WATCH:

So what can a U.S. President and administration specifically do?

We have abundant U.S. energy resources.  Quite literally the strongest in the entire world.

• Permit the use of preexisting approved leases in ANWAR (Alaska) to put more volume into the Alaskan oil pipeline that is severely underutilized.
• Finish the Dakota access pipeline.
• Reapprove the preexisting energy leases in New Mexico, Arizona, NE Atlantic and Gulf of Mexico.
• Retract the stoppage of the Keystone pipeline to permit efficient oil transport shipments from Canada.
• Stop blocking the expansion of coastal oil refineries in Texas, Louisiana and Alabama (regulatory issue), as well as Northwest, Northeast and Southeast Seaboard.
• Continue to develop natural gas as a clean burning fuel.
• Drive Liquefied Natural Gas (LNG) as an export.

None of this requires any approval from OPEC.  Strategically, the all of the above approach enhances U.S. national security and diminishes the influence of Russia, China and Iran.  Within six months of the above, gasoline will plummet.

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