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Producer Prices Rose 8.6 Percent in October, Massive Inflation Continues With No Signs of Slowing Down

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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Purposeful Crisis Keeps Unfolding as Biden’s Irrelevant Polling Keeps Collapsing – White House Vaccine Mandates Promoted, While Courts Attempt to Block

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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Transportation Secretary – Forget Gas Prices and Supply Chain Chaos, Bridges and Roads are Racist

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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Sunday Talks, Incompetent and Ideological Energy Secretary Says You Will Pay Historic Rates For Home Heating, and There is Nothing They Can Do About It

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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U.S. Fifth Circuit Court of Appeals Issues Temporary Injunction Blocking OSHA Vaccination Mandate, Administration Must Respond by 5pm Monday November 8th

A three judge panel in the U.S. Court of Appeals for the Fifth Circuit in Louisiana has temporarily blocked the Biden administration OSHA vaccination mandate [Court Ruling Available Here].

A group of states including Louisiana and Texas along with businesses, religious groups and organizations filed their petition on Friday with the court. The Biden administration must reply to the court by 5:00pm Monday thereafter the court will decide if a permanent injunction is warranted.

New York Times – […] At the core of the legal challenge is the question of whether OSHA exceeded its authority in issuing the rule and whether such a mandate would need to be passed by Congress. […] The suit against the mandate stated that President Biden “set the legislative policy” of substantially increasing the number of Americans covered by vaccination requirements, and “then set binding rules enforced with the threat of large fines.”

“That is a quintessential legislative act — and one wholly unrelated to the purpose of OSHA itself, which is protecting workplace safety,” the suit said. “Nowhere in OSHA’s enabling legislation does Congress confer upon it the power to end pandemics.”

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Joe Biden Mocks The American People – “They Don’t Understand Supply Chains” – The People are Rubes to Be Ruled, Not Listened To

I’m not sure what is more blood boiling: that Joe Biden thinks it is okay to mock the American electorate, or that he actually believes the horse crap that comes out of his twisted, stupid brain.

The question was a perfectly well presented inquiry about the Biden administration’s incompetence to put policies in place to streamline the supply chain chaos that he has created.  His response is disconnected, absent of anything even remotely accurate, and entirely disconnected from factual substance.  This guy is a complete and utter failure of staggering and stunning incompetence.  WATCH:

I do not use the word ‘hate‘ lightly.  I have a solid grounding on what that word actually means.  However, the only people I hate worse than the current occupants of the White House, are the complicit DC media stenographers who sit there and giggle as this pontificating pustule of an idiot spouts nonsense. They clap and comply as if this is the professional or normal state of a functioning government.

COVID didn’t do squat to disrupt supply chains, impact prices or create massive shortages and inflation… people did.  Specifically, the people in the background of this administration who intentionally trashed the U.S. economy, because they are ideologically aligned with that destruction.  The current economic team is devoid of any real world experience that would shape their outlooks on how to solve problems. Example: Transportation Secretary, Pete Buttigieg.

[Transcript] – […] THE NATIONAL FOOL: (Laughs.) (The fool covers his eyes and points towards the press.) (Laughter.)

Q Mr. President, Democratic Congresswoman Abigail Spanberger said of your presidency this week: “Nobody elected him to be FDR. They elected him to be normal and stop the chaos.” How do you view your mandate after Tuesday’s election losses for Democrats? And is she wrong?

THE NATIONAL FOOL: Well, Abigail is a friend. We had a long talk. She joked and said that I have a picture — she said I have a picture of Roosevelt hanging in my office — her office, okay?

I don’t intend to anybody but Joe Biden. That’s who I am. And what I’m trying to do is do the things that I ran on to do. And, look, people out there are — ordinary, hardworking Americans are really, really — been put through the wringer the last couple years, starting with COVID.

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DeSantis: “People Are Moving to States That Value Freedom”

The professional Marxists are coming up against the reality of their minority position worldview.  Earlier today the Democrat Governor’s Association (DGA) informed the political club insiders the DGA are not going to fund any candidate attempting to unseat Florida Governor Ron DeSantis. {LINK} The underlying message from the democrat apparatus is clear, attempting to win a large race in the increasingly free state of Florida is futile.

Meanwhile Florida Governor Ron DeSantis has scored two big wins for freedom with court cases affirming the state position that parental choice in the school mask option is legal and safe. {LINK} School districts in blue regions are being forced to reverse their effort to force students to wear masks.  DeSantis and the Florida legislature have won that battle with support from reasonable science and factual medical research.

At the same time Florida Attorney General Ashley Moody has filed a petition for review of the Occupational Safety and Health Administration (OSHA) mandatory vaccine rule within the 11th Circuit Court of Appeals in Atlanta. {LINK}  This fulfills a promise by Governor DeSantis to trigger a direct fight against the Biden administration on the issue of mandatory vaccinations.   This effort, also taking place in other circuit courts around the nation, has obvious implications.

Amid the larger fight for freedom, Florida Governor Ron DeSantis spoke Friday at the National Conference of State Legislatures (NCSL) and used this ppportunity to tout his record and blast Democrats and the Biden administration.  WATCH:

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Governor DeSantis is doing well on a state level, with the issues of freedom, liberty and constitutional constraints of government.  He is doing a lot correctly.

However, there is no indication -yet- that he would be willing or able to confront the issue of toxic globalism on a national scale with strength to advance the issues of economic nationalism that underpin the biggest freedom issue for Making America Great Again.  On the big picture issue of Wall Street -vs- Main Street, the direct confrontation of multinational corporations to support the American middle-class, DeSantis has yet to take a public position.

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Energy Secretary Erupts in Laughter When Asked if Biden Administration Will Start Increasing U.S. Oil Production

Energy Secretary Jennifer Granholm was asked what the Biden administration plan was to increase U.S. oil production.  Her response is exactly what you might believe it would be from a thoroughly incompetent ideological administration.  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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OSHA Will Publish Emergency Temporary Standard for Vaccination Mandate in Federal Register Tomorrow, Mandate Begins January 4 – Overview and Links

The U.S. Department of Labor (DoL), Occupational Safety and Health Administration (OSHA), has finalized the formal process to require employers of more than 100 employees to mandate vaccination as a requirement for employment in the United States.

[OSHA Summary Here] – [OSHA Details pdf HERE]

[Federal Register Notice HERE]

While the OSHA rules appear to have been finalized, the official publication in the Federal Register is scheduled to take place tomorrow November 5, 2021.

The OSHA Rule is being authorized by the Dept of Labor under an Emergency Temporary Standard (ETS).  The ETS will go into effect on December 5, 2021, with the final vaccinations and testing in place by January 4, 2022 (sixty days after registration).  There is NO END DATE to the rule.  I repeat, despite the rule being filed under an emergency “temporary” standard, there is no end date for the rule to expire or be reauthorized.

As published, the rule affects employers with 100 or more employees that are not (1) federal contractors or (2) health care facilities (those are subject to different regulations).

Employees who work from home; and/or have no contact with other employees; and/or have contact with customers; and/or work outside; are exempted from the OSHA requirements as published.

♦ Employers have two options: (1) Mandatory vaccinations with exemptions for disabilities and sincere religious beliefs; or (2) Weekly testing and face coverings for unvaccinated employees. (If unvaccinated employees work outside, they do not have to mask).

That means if you are not vaccinated, for whatever reason, you must wear a mask in the workplace and visibly identify yourself as unvaccinated.

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Florida Governor Ron DeSantis Promises to File Suit Against Dept of Labor and OSHA Rule Tomorrow

TALLAHASSEE, Fla. — Today, Governor Ron DeSantis announced a lawsuit against the Biden Administration’s unconstitutional Occupational Safety and Health Administration (OSHA) employer vaccine mandate. As soon as the unlawful emergency temporary standard (ETS) is published in the Federal Register tomorrow, the lawsuit will be immediately filed with the United States Court of Appeals for the Eleventh Circuit. For more information on the court action, click here.  WATCH:

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On page 5: “The ETS protects these workers through the most effective and efficient control available – vaccination – and further protects workers who remain unvaccinated through required regular testing, use of face coverings, and removal of all infected employees from the workplace.”

A recent study from Sweden published in The Lancet found that within 200 days, mRNA vaccines had no ability to prevent transmission whatsoever.

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