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Sunday Talks, President Trump Sits Down With Jeanine Pirro to Talk Politics

President Donald Trump sat down for an extensive interview with Judge Jeanine Pirro of Fox News.  The interview was broadcast Saturday night 10/30/21 and was recorded in Mar-a-Lago earlier in the day.

President Trump was asked about Biden foreign policy, how he would lower gas prices and his opinion on the Virginia gubernatorial race.

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House Democrats Still Cannot Agree on Scale of Social Spending Bill – Link to Legislative Package

At 1:00am on August 25th, Nancy Pelosi and House Democrats came to an agreement on a massive spending proposal. The Senate previously passed a $1.5 trillion “infrastructure” bill, and a group of 9 House moderates -led by Josh Gottheimer- wanted to see it pass. However, the far-left progressive caucus wanted their $3.5 trillion social spending package which includes Green New Deal spending passed as part of the total budget agenda. {Go Deep}  For the past two months, the House Democrats have been working with Senate Democrats on the scale of the social spending package.

The ultra far-left communists and Democrat socialists have been negotiating on the social spending part.  They agreed to settle for 1.75 trillion in fundamental change and there’s approximately 10 House republicans that will also support it, but the AOC wing wants more.   The previously passed $1.5 trillion sits on Nancy Pelosi’s desk until it can be paired with the $1.75+ trillion social spending component.

The House Rules Committee is putting the legislative language together for the latest 1,600 page social spending part [you can see here], but the issue of constructing a bill that will pass the Senate is still problematic.  Pelosi was hoping for a vote today, and Joe Biden begged Democrats earlier to get it passed because his polling numbers continue to collapse.   The communists (AOC/Bernie Sanders caucus) and socialists (ordinary Democrats) are at loggerheads.

WASHINGTON – […] Speaker Nancy Pelosi and her leadership team were ultimately unable to win over dozens of dug-in liberals in time for a Thursday evening vote. House liberals said they want to review the legislative text of $1.75 trillion social spending legislation the White House outlined Thursday and get a commitment of support from centrist Sens. Joe Manchin (D-W.Va.) and Kyrsten Sinema (D-Ariz.) — something the two have not outright given.

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First Estimate of Third Quarter GDP Reflects Massive Drop in U.S. Economy, Digging Through The Details

The Bureau of Economic Analysis (BEA) has released the first estimate of Gross Domestic Product (GDP) for the third quarter (July, Aug, Sept). [DATA HERE]  The top line number of two percent GDP growth is significantly worse than most economists and financial pundits expected.

The second quarter GDP was 6.7%, so a slow down to 2% is very significant considering the economy should be rebounding and reopening after the COVID-19 impacts.  However, when we dig into the details [Table One] you will see how what is happening in your life is actually reflected in the data.   None of this should be a surprise, as the data is simply reflecting what is happening in your personal checkbook economics.

First, here’s the media jaw agape, with false explanations and justifications:

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The drop has nothing to do with the ‘delta variant’, and everything -EVERYTHING- to do with inflation and impacts from Joe Biden’s economic policies.

Let’s take a look at the details, and you will see how the national GDP is simply a reflection on what we are doing to survive the Biden economy.

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The Big Picture in 19 Minutes

In his lengthy opening on Fox News Wednesday night, Tucker Carlson outlined the big picture in 19 minutes.  Carlson does a good job of weaving the disparate elements into a very visible picture.

This is a good encapsulation of how the Biden administration’s agenda creates a cause and effect cycle that’s completely disconnected from the priorities of the American middle class.  WATCH:

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Price Inflation Does Have One Benefit – More People Understand Now That Free Markets Collapsed Years Ago, This Is the Era of Controlled Markets – The Beef Industry is Spotlighted

The screamingly high rate of pricing inflation is catastrophic to the American working middle class; however, there is one small benefit.  More and more people are waking up to the reality that free market principles have been destroyed; what we have now are markets controlled by massive multinationals.

This isn’t news for CTH readers.  Long before prices started to rise, we stood up against pressure from so-called ‘conservative’ pundits to outline that free markets were a joke in the modern economic era.  The truth inside the economic argument is precisely why we stood up to support candidate Donald J Trump in 2015; and the truth inside that economic argument is exactly why we will stand again to support him if he runs again in 2024.  Everything, e.v.e.r.y.t.h.i.n.g… every scintilla of a thing, centers around the economics of it.  Economic security on every scale is what keeps YOU free.

In a brilliant outline of how the beef and cattle industry is now trying to fight back against the multinationals of Tyson Foods, JBS, Cargill and National Beef, Matt Stoller uses the cattle industry to talk about what we have outlined on these pages for ten years.   The distance from the red line (steer price) to the blue bar (beef price) is the scale of the multinational profits inside this controlled commodity:

MATT STOLLER – […] Despite high consumer prices, independent ranchers are losing money, and going out of business. “If we don’t get some of these problems fixed quickly, we won’t have any independent ranchers in this country,” explained Oklahoma Farmers Union president Scott Blubaugh.

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Sunday Talks, Florida Governor Ron DeSantis Discusses Supply Chains, Job Growth and How States Do Not Need to Experience Poor Economic Outcomes From COVID

Appearing with Maria Bartiromo this morning, Florida Governor Ron DeSantis discussed how commonsense approaches to COVID-19 can keep economic growth continuing while taking simple precautions.  As noted by the Florida governor, his policies at a state level generated almost half of all national job gains in September.

DeSantis noted the Florida ports are able to handle additional capacity to off-load any transcontinental shipments and keep products flowing further into the U.S. mainland.  Several shipping companies have already diverted ships into Florida ports to take advantage of the state opportunity.  Additionally, DeSantis outlines his intent for a recently announced special legislative session to pass state laws protecting workers from getting fired as a result of their vaccine status.

As the national media continue to attack DeSantis in an effort to support a national agenda promoted by the Biden administration, the influential Florida governor vows to push back against overreaching federal mandates and keep the principal of individual liberty at the center of his policy.  WATCH:

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Recently the Florida Governor also unveiled his own version of the Gadsden Flag specific to his state.

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Alarming Wage Report Not Being Discussed in Financial Media – Blue Collar Wages DECREASED in Third Quarter, While Inflation Skyrocketed

The Bureau of Labor Statistics (BLS) released the third quarter review of average weekly wages [Main Data Here].  The results of the year-over-year comparison should alarm everyone.  This is a very serious data point that likely means we are in a recession, it just has not been quantified yet.

By now, everyone knows the term “stagflation”, which means a stagnant economy and large inflation (price increases), the easiest comparison is Jimmy Carter economic program in the 1970’s.  However, let me assure you what this latest BLS release foretells is not that.  This is far more serious than stagflation.  I am not an alarmist, but I am encouraging everyone to take this economic data seriously.

In this graphic I have modified the spread sheet to focus attention on the part that really matters. [Original Data Table 2 Here]  What you are seeing here is a comparison of weekly wages for the third quarter (July, Aug, Sept) of this year, compared to the weekly average wages in 2020:

 

Weekly wages went up a sum total of seven bucks [$7/1,000 = 0.7%] year over year.  THAT is ridiculously low.  However, worse yet look at all the categories of workers who saw an actual decline in wages.   This is not a decline in wage value, this is an actual decline in net wages earned.  WAGES HAVE DROPPED !

This is not only saying wages are failing to keep up with inflation, that part is beyond obvious, the data shows actual declines in wages for full time workers.  This is far more concerning, check that…. this is four alarm fire – running around the neighborhood naked and panicked level concerning… when you take actual declines in wages and factor in the September inflation numbers [Main Data Here].

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Sunday Talks – No You’re Not Crazy, YOU are a Doer

Often on Sundays, we take snippets of media political discussion and deconstruct the false premise while overlaying the reality ignored by the propaganda.  This is not that.

In this short Sunday talk, we share the voice of a nurse who is very centered in the issues we face and share her wisdom, advice and encouragement.  “Patriot Nurse discusses the nature of compliance and human servitude. When you’re looking around and everyone else seems to be complying, don’t feel bad for being the lone man standing.”  WATCH:

Expanding on the outlook to overlay the issues surrounding forced vaccines in the workplace and all the propaganda therein.  Allow me to share some insight about YOUR value and YOUR worth from the perspective of a person who spent a lifetime engaged in complex systems with large numbers of people.

It may be an uncomfortable or politically incorrect thing to say in modern times; however, twenty percent of the workers in your system of employment deliver eighty percent of the productivity.  Yes, 20% of the workforce around you delivers 80% of the result.  This natural truth has been consistent for decades, and within that truism is the nature of man.

What you need to remember is.. If you are reading this, YOU are almost certain to be part of that twenty percentile that your employer or system operator depends on.  You are a doer.

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The Great National Showdown Over Worker Mandates For The COVID Vaccine Looms – Don’t Flinch

Before getting into the weeds on a CBS article warning of a “Looming Showdown” amid large numbers of critical workers who are refusing the mandated vaccination, it is worth setting up the accurate context for the details inside the discussion.

There are 205 million legally eligible U.S. workers between 15 and 74-years-old (census figures) with a workforce participation rate of 61% (BLS figures) which would equal 125 million legally eligible workers.   However, the Bureau of Labor Statistics puts the number of working Americans at 161 million workers (BLS figures).  The majority of the difference between the two figures are most likely illegal alien workers (yeah, lots of them).

Approximately 40 percent of the eligible population are not working.  Some people are single family income (wives or husbands who don’t work), and some are just people who choose not to work, cannot work or have not yet started to work (college etc).  With somewhere between 125 million and 161 million workers doing the jobs that keep the country functioning, there are also approximately 10 million unfilled job openings.

According to the most recent statement from Joe Biden on October 14th: “We’re down to 66 million — it’s still an unacceptably high number — of unvaccinated people from almost 100 million in July.”  Approximately 60 million of those are within the current U.S. workforce.

If we split the difference (census -vs- BLS) and take the mid-point at 140 million workers, then 60 million workers refusing the vaccine mandate represents about 40 percent of the entire population of eligible workers.  Put another way, in the best case scenario, if 60 million people quit working or were fired, the national unemployment rate would be at least 35% !

What we call the United States doesn’t function with 35% unemployment; systems of commerce start to collapse, then government, then civil society.

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Now Do You See Why An America First Economic Agenda Was So Valuable?

Economic Security is National Security….

The Trump Doctrine

The only person in my lifetime to inherently understand how to change a national economic program to benefit the middle-class was Donald J. Trump.  And I don’t even think he knew it on a scholarly basis – he just knew in his gut what steps to take to benefit the American worker on Main Street.

Only Donald Trump had the mind to see downstream consequences of economic policy and then re-engineer those programs; along with a keen ability to apply a  level of strategic policy to protect our interests {EXAMPLE}.  All other potential candidates are politicians by nature and incapable of reversing our decay.

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