The agenda really is quite transparent when you stop and look at it overall.  Riddle me this…

Why would the Biden administration announce yesterday they were cancelling new oil and gas leases if they were worried about the Russia-Ukraine impact on oil and gas prices?

The short answer is, they wouldn’t.

If the Biden team were worried about gas prices, they would be doing everything possible to lower gas prices as the Russia-Ukraine crisis unfolds…. but they are not.  They are doing the exact opposite.  Why? Because the Biden administration wants high gas prices as part of the Green New Deal as executed within their energy and regulatory policy.

High gas prices and high energy prices are a feature, not a flaw of Biden policy.  The goal is to achieve approximately $10/gal gasoline at which point the economics of the climate change agenda find parity over fossil fuels for the average person.

So far, it looks like gasoline will easily reach $10/gal in Biden’s term as the disposable front man for the larger agenda.  By the end of this year, we are on track to see the first $7/gal rate for gasoline in the U.S.  From there they only need increases of $1/gal per year for a few years.

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The Communists (NDP) and the Socialists (LPC) united in the Canadian House of Parliament today to vote their support for Prime Minister Justin Trudeau’s deployment of the Emergency War Measures Act.

The vote was 185 in support and 151 against, as the Canadian government now officially declares war against citizens who protested against government.

The parliamentary support of the Emergency War Measures Act now gives the government the authority to hunt down their political opposition, arrest any dissident member who may have petitioned their government with grievances against the covid mandates, and begin seizing the financial assets of anyone who might still challenge the government mandates of Justin Trudeau.

(VIA CBC) – A motion affirming the Liberal government’s decision to invoke the Emergencies Act passed a crucial House of Commons vote Monday, ensuring the expansive powers contained in the act remain in use by authorities thanks to parliamentary support from the New Democrats. 

While the powers contained in the Emergency Act took effect immediately, the Liberal government needed to seek approval for its decision to invoke the act from the House of Commons within seven days. If that vote had failed, the emergency declaration would have been revoked. (read more) 

The government of Justin Trudeau has already announced their intent to make the authority within the emergency act a permanent status in Canadian law.  A state of economic civil war now exists in Canada.

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Within the book of instructions for the ideological Chicago crew (Alinsky peeps), there are chapters on how to create off-ramps to cloud their agenda. If they need a bigger cloud, they create a bigger crisis. The crisis then becomes the cover, the justification to explain the outcomes of their agenda.

In the latest example, the White House is shifting blame for the collapsing economy, surging oil prices, massive gas price increases and overall U.S. inflation.

The manufactured crisis in Ukraine then takes on a geopolitical angle and a domestic angle.  The prior rate of inflation is now being blamed on Russia-Ukraine.

It is not coincidental that ABC (think George Stephanopolous) takes the lead in helping to push this narrative as a cover story for the problems in the economy that are specifically driven by U.S. energy policy (chasing Green New Deal objectives), environmental policy, regulatory policy and massive spending.  The politics are to blame for the inflation, so it is the deployment of politics used to create the cover.  WATCH:

The manufactured Russia-Ukraine crisis now becomes the cover story for why the U.S. economy is collapsing.  The pain being felt by middle class, blue-collar workers is now shifted to be an outcome of geopolitical events that are Vladimir Putin’s fault. It’s always someone else’s fault.

Do not underestimate how many people in the U.S. will buy into this nonsense, and keep in mind the Republican wing of the UniParty has a vested interest in allowing the narrative to embed in the psyche of voters.  Both wings of the DC vulture will help promote this fraud, just as both wings of the DC uniparty sold out our Main Street economy on behalf of their multinational benefactors.

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Let us speak clearly and concisely about what is happening in the macro housing market.  Today, the Commerce Department announced an unexpected drop in U.S. housing starts. However, the rates of permit applications for future building remains strong.  So, what’s going on?

First the report:

WASHINGTON (Reuters) – U.S. homebuilding fell more than expected in January as many parts of the country experienced freezing temperatures, but a surge in permits suggested a rebound in the coming months was likely amid a severe shortage of homes on the market.

Housing starts dropped 4.1% to a seasonally adjusted annual rate of 1.638 million units last month, the Commerce Department said on Thursday. […] Single-family building permits surged 6.8% to a rate of 1.205 million units. The supply of previously owned homes on the market is at record lows, which should keep builders busy. (more)

Inflation is crushing the middle class.  The current housing market and real estate, overall, is being kept hot by institutional investors – Wall Street firms who shifted from paper assets to hard assets approximately 14 months ago.  The macro housing market, and the financial mortage market that underpins home sales, is now a massive hedge system.

On a macro level, traditional real estate market dynamics are no longer the biggest factor.  As overall inflation hits the middle class disproportionately, single family home sales are now back to being part of a betting system within the investment divisions of major banks and financial houses; only this time, they are not using the bond market or mortgage backed securities.  They are using physical control over the hard asset itself.

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Global oil prices are rising specifically due to governmental policy that’s driven by the talking script of the World Economic Forum and the ‘climate change’ financial manipulators who give the politicians their instructions.  However, in this new era of pretending not to know things, the upside down through the looking glass mirror of our bizarre reality, virtually every corporate mouthpiece cannot break the Multinational code of omerta.

We truly are living in an era where the truth & consequences must be hidden in order to maintain a centrally orchestrated narrative.

The ultimate victims of this new multinational corporatism (fascism reversed with corporations telling government what do) are the middle class represented on every continent by yellow vests, MAGA hats and currently truckers.

We know it, they know it and they know that we know it; yet, the deep little lies inside the bigger lie must be maintained.  The Code of Omerta must not be broken.

In the U.S., the people behind Joe Biden must retain the ruse of centralized lying and citizen manipulation. In France, it’s Emmanuel Macron.  In Victoria, Australia, the jackboots of Daniel Andrews have been deployed to retain the ruse of their little lies.  The House of cards in New Zealand is propped up by the smiley-faced facist Jacinda Ardern, and more recently their Canadian cousin, Prime Minister Justin Trudeau, has invoked the Emergency Act to retain the control mechanisms.

You can almost see Klaus Schwab smiling as the digital identity starts to take shape while the mechanisms for carbon trading await the beta test completion.  Yes, the population will be granted environmental justice, and carbon trade exchanges will apportion to each according to their contribution.   Of course, you can always buy a few extra hours of energy use if you can afford it.

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The Russians are having a little fun at Joe Biden’s expense, now that the deadline for invasion has expired without invasion.

Yesterday, the Russians reminded the Ukraine government to set their alarm clocks so they did not miss the invasion.  Today the Russian government asks the Biden administration for the invasion dates, they plan to use this year, so that Moscow can coordinate the vacation plans of key military and government officials.

Russia’s Foreign Ministry spokesperson Maria Zakharova asked for the invasion schedule on Telegram: “I’d like to request US and British disinformation: Bloomberg, The New York Times and The Sun media outlets to publish the schedule for our upcoming invasions for the year. I’d like to plan my vacation,” the Russian diplomat said on her Telegram channel Wednesday.

However, on a serious note, the U.S. drumbeat over the invasion of Ukraine has seriously hurt their economy.  The Russian State News Agency, TASS reports:

[…] “This steady disinformation blitz by the Western media has already resulted in a sharp deterioration of Kiev’s economic situation, with investments and businesses fleeing Ukraine, while the energy prices in Europe are growing. Kremlin Spokesman Dmitry Peskov castigated these statements as an “empty and groundless” escalation of tensions, emphasizing that Russia posed no threat to anyone.”

It’s almost as if the U.S. government wants to hurt the Ukraine economy so that the U.S. has stronger influence and can manipulate the internal politics of Ukraine… with 10% for the ‘big guy‘ of course.

Comrade Suspicious Cat remains, well, suspicious.

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Kraft-Heinz has announced the next wave of anticipated inflationary prices for their products.  The announcement, and the timeline they provide for the price increases, is exactly in line with our prior estimations.

Prior CTH outlines on the path of inflation for this specific company are HERE (Dec) and HERE (Jan).  Keep in mind, depending on the size of the buyer or wholesaler, and depending on the terms of the contracts for purchase, generally speaking, terms are net payment in 30, 60 or 90 days based on 180 day contracted price agreements which include rebates to retailers.

(Reuters) […] “The company expects inflation to be in the low-teens percentage range for 2022, with higher levels in the first half than in the second, said Chief Financial Officer Paulo Basilio.” (link)

Both Proctor & Gamble and Kraft-Heinz provide the best data points to predict future retail grocery inflation.  Based on their previous notifications, we can now see that Kraft is anticipating the March – July rates of increase to remain approximately where they have been (20 to 30%) and then stabilize in the last half of the year bringing the yearly average into the “low teens.”  This timeline is what we predicted back in October.

The prices we will see at the grocery stores will rise again in the spring (this is the backside of the inflationary cycle), continue through mid-summer, and then price increases should likely level off at the end of summer this year.  Between the price today and the price at the point of leveling is approximately a 20% increase.

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The New York Times is reporting, “Tow-truck operators, who have been reluctant to cooperate with the police, will also now be compelled to work with law enforcement agencies to clear Ottawa’s streets and the border crossings at Coutts, Alberta. If they don’t cooperate, they could face arrest.” (link)

Meanwhile, the pontificating pustule of sanctimonious pomposity, Canadian Prime Minister Justin Trudeau, is doubling down on his position that in order to save democracy in Canada his administration must first destroy it:

(link)

Additionally, the Ottawa Police Chief, Peter Sloly, has resigned amid severe criticism from the far-left communists in Canada, because he did not crack down hard enough on the people demanding freedom from oppressive COVID mandates.

[…] Peter Sloly’s resignation as Ottawa police chief, which was confirmed by the minister of public safety, came after Mr. Trudeau took the rare step of declaring a national public order emergency aimed at stopping protests that have roiled Canada for weeks. (link)

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The previously planned Russian training exercises [Announcement Here] have been completed in Belarus – close to neighboring Ukraine. Today those troops began returning to their places of regular deployment as reported by the Russian Ministry of Defense in Moscow.

As a result, the Biden manufactured ‘wag the dog‘ scenario, a fabricated ‘Russia invading Ukraine‘ premise by the White House, U.S. Dept of State, Pentagon and intelligence apparatus, needs to come to an end quickly.

After pretending that Russia was going to invade Ukraine in an effort to manufacture a political win out of thin air, Joe Biden will declare today he saved the world.

(New York Times) President Biden will speak on the Ukraine crisis at the White House this afternoon. Western analysts said it was too early to say if the announced troop movements were meaningful, but it might be a sign that Russia is stepping back from the threat of invasion.

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Here we go folks. Jumpin’ ju-ju-bones, the first wave of producer driven inflation has just been quantified.  The economic analysts are shocked, stunned, flabbergasted and surprised, because the January single month wholesale inflation of 1.0% is double what they expected.

The “producer price index” is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released January price data [Available Here] showing a dramatic 9.7% increase year-over-year in Final Demand products at the wholesale level.

Check out the single month wholesale price increases in these categories [Table 2]: Beef jumped 6.5% in January (43.9% for year). Gasoline jumped 1.9% in January, (53.9% for year).  Diesel fuel jumped 9.4% in January (56.5% for year). Cooking oil 4.7% in January (36.4% for year).  Home heating oil jumped 7.3% in January (47.4% for year).  Pasta jumped 3.0% in January (16.2% for year). Tires jumped 4.6% in January (9.0% for year). Wholesale cleaning supplies jumped 3.8% in January (34.9% for year).

Unfortunately, there is nothing upstream in the supply chain and manufacturing pipeline to suggest that higher prices at the retail level are not coming.  The price of raw materials, and the wholesale energy costs to process those materials into finished goods, are still rising.

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