The Bureau of Labor and Statistics (BLS) provides the latest data on consumer prices (inflation) [DATA HERE].  We explained in 2021 how inflation would grow on a month-over-month and year-over-year basis until the calendar became more friendly and the government officials could claim “diminished inflation growth.”  Well, we are now entering that phase of economic parseltongue.

October consumer prices increased 0.4% over September.  However, we are now comparing year-over-year (Y0Y) inflation to the period where last year’s prices had already skyrocketed, so YoY inflation seems to be moderating at 7.7%, it’s a false premise. {Go Deep}

As expected, the energy-driven consumer inflation in the food sector has arrived.  The proverbial field inflation is arriving at the fork, and the October CPI now shows the third wave of food price increases we had previously discussed.

Table 2 Details: Egg prices increased +10.1% last month and now 43% higher than last year.  Butter +1.9% last month, 26.7% for year.  Margarine +1.3% for month, 47.1% for year.  Coffee +1.3% for the month, 15.6% for the year.

Heading into baking season we find flour +0.2% for the month, +24.6% for year.  Essentially, as expected, all of the holiday foodstuffs are now rising in price as the increased field and commodity prices hit the store shelves.

Some row crops are starting to moderate in price growth, while dairy products continue rising throughout the fall season.  It is going to be painful on the checkbook grocery shopping this holiday season.

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Using the outline of the previous global famine to trace a modern history of desperation and the Live Aid movement rallying of the public to feed the world, Neil Oliver contrasts the current cultural Green Agenda 40 years later and the pending energy crisis.

If millions were at risk in the 1980’s, how many are likely at risk today?  Yet the same people, institutions and systems that rallied to save the hungry are right now the same people, institutions and systems willing to inflict more harm as they chase the false climate change agenda.  It is an interesting and brutally honest perspective.

Oliver then walks through the looming and predictable consequences as he follows the process to its logical conclusion. WATCH:

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The Wall Street Journal is reporting that Facebook’s parent company, Meta, is planning to lay off people after the midterm election next week.  Meta has lost 70% of its stock value after announcing poor user engagement and financial support last week while investors fled to the exits.

In the big picture, those companies who were ideologically aligned with the Biden administration’s larger political efforts will all likely start announcing layoffs soon. There’s a better than reasonable likelihood some companies have deferred layoff announcements in an effort to help the employment stats for the Biden Administration.

(Via Wall Street Journal) – […] The layoffs are expected to affect many thousands of employees and an announcement is planned to come as soon as Wednesday, according to the people. Meta reported more than 87,000 employees at the end of September. Company officials already told employees to cancel nonessential travel beginning this week, the people said.

The planned layoffs would be the first broad head-count reductions to occur in the company’s 18-year history. While smaller on a percentage basis than the cuts at Twitter Inc. this past week, which hit about half of that company’s staff, the number of Meta employees expected to lose their jobs could be the largest to date at a major technology corporation in a year that has seen a tech-industry retrenchment.

The cuts expected to be announced this week follow several months of more targeted staffing reductions in which employees were managed out or saw their roles eliminated.

“Realistically, there are probably a bunch of people at the company who shouldn’t be here,” Mr. Zuckerberg told employees at a companywide meeting at the end of June. (read more)

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Reports are starting to come out that various regions in the Southeastern U.S. are running out of diesel fuel [North Carolina Example] – [Midway Kentucky Example].

The empty service station tanks in North Carolina today come after Mansfield Energy warned of a critical “diesel fuel shortage in the Southeastern United States, including North and South Carolina” [link]

RALEIGH, N.C. (WNCN) — A diesel fuel alert issued a week ago by a key fuel logistics company hasn’t changed — despite a small increase in inventories of diesel over the last week.  The alert from Mansfield Energy a week ago was for the Southeastern United States, including North and South Carolina, Virginia, Tennessee, Georgia, Alabama, and Maryland.

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Tonight, President Donald J. Trump will deliver remarks in support of his unprecedented effort to advance the MAGA agenda by energizing midterm voters and highlighting the slate of Trump Endorsed America First candidates.  Pennsylvania candidates include: Doug Mastriano for Governor and Dr. Mehmet Oz for United States Senate, in a state where the President’s 2022 endorsement record is undefeated, currently 8-0.

The anticipated start time for President Trump’s remarks is 7:00pm ET, with livestream links below:

RSBN Rumble Livestream Link – Donald Trump Campaign Livestream Link – Alternate Livestream Link

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Pennsylvania Senate Candidate Dr Mehmet Oz delivered remarks at the pre-MAGA rally campaign event in Latrobe, Pennsylvania. {Direct Rumble Link} – WATCH: 

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Yesterday, Joe Biden declared that all coal-fired electricity plants in the U.S would be shut down, saying, “we’re going to be shutting these plants down all across America and having wind and solar.”

Today, West Virginia Democrat Joe Manchin, the senator who gave Joe Biden the vote he needed for the ‘inflation reduction act’ also known as the climate change investment act that will eliminate all oil, coal and natural gas development, pretends to act surprised that Joe Biden will destroy the West Virginia coal mining industry.

Joe Manchin – “Today, U.S. Senator Joe Manchin (D-WV) released the following statement on comments President Biden made about shutting down coal plants.

“President Biden’s comments are not only outrageous and divorced from reality, they ignore the severe economic pain the American people are feeling because of rising energy costs. Comments like these are the reason the American people are losing trust in President Biden and instead believes he does not understand the need to have an all in energy policy that would keep our nation totally energy independent and secure. It seems his positions change depending on the audience and the politics of the day. Politicizing our nation’s energy policies would only bring higher prices and more pain for the American people.

“Let me be clear, this is something the President has never said to me. Being cavalier about the loss of coal jobs for men and women in West Virginia and across the country who literally put their lives on the line to help build and power this country is offensive and disgusting. The President owes these incredible workers an immediate and public apology and it is time he learn a lesson that his words matter and have consequences.” (read more)

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Earlier today Joe Biden said he is confident in the midterm election next week because the American voters love the high inflation economic policies he has initiated.

BIDEN: “And I find that — that the thing that gives me the most confidence is the fact that the policies we’ve initiated, people care about.  Now, they want more.  They write to me, but I don’t know anybody who’s really opposed to us”… 

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During a speech today, Joe Biden bragged about the example of his visit to a Massachusetts coal-fired plant that was forced to close due to regulation.  However, what Biden didn’t mention was the energy provider telling customers to expect a 64% increase in electricity rates effective November 1st.

BIDEN: …”I was just — and so we can accommodate that transition.  I was in Massachusetts about a month ago on the site of the largest old coal plant in America.  Guess what?  It cost them too much money.  They can’t count.  No one is building new coal plants because they can’t rely on it, even if they have all the coal guaranteed for the rest of their existence of the plant.  So it’s going to become a wind generation.

And all they’re doing is — it’s going to save them a hell of a lot of money, and they’re using the same transmission line that transmitted the coal-fired electric on.  We’re going to be shutting these plants down all across America and having wind and solar.”… (link) 

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Miami-Dade County has long been the stronghold of Democrat voters in Florida.  With more than 1.5 million registered voters in the county Miami-Dade has long been the backstop for Democrats in Florida.  With deep red areas in the Southwest coast and Florida panhandle area, the axiom has long been said: ‘lose Miami-Dade and Democrats lose Florida’.

That said, incredibly Republicans in Miami-Dade are outvoting Democrats. [DATA HERE] This is happening despite the recent visit by Joe Biden to Miami to generate support for the blue ticket.  With President Trump being the most supported political figure in the region; and with President Trump bringing the final finishing nails this weekend for a rally in Miami-Dade on behalf of the republican ticket, Democrats are apoplectic.

FLORIDA – […] “This is not what we expected,” said Christine Alexandria Olivio, the Democratic House candidate in Florida’s 26th Congressional District in South Florida. “This is worse than what we expected. We’re getting our butts kicked right now.” She was running against Republican Rep. Mario Díaz-Balart, the longest-serving member of Congress in Florida.

Registered Democrats still outnumbered Republicans in Miami-Dade, but the latest figures indicated Democrats – at least so far – were voting in far fewer numbers than their GOP counterparts.

The swing toward higher Republican turnout in the county – with just one week before the election – was widely interpreted as a sign of support among the area’s Hispanic voters for incumbent Republican Gov. Ron DeSantis – and a lack of enthusiasm for his Democratic challenger, Rep. Charlie Crist. The county is nearly 72% Hispanic.

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