A lot of people are going to cite and replay a part of the remarks by World Economic Forum head Klaus Schwab, where he outlines what attributes are needed in order to beome the new “Master of the World.”
However, the more interesting, buried lead in his remarks was his talking about the new power structures within global government. He literally says multinational corporations are the power centers for global government in the same way as nations like India. First, the soundbite everyone will discuss. WATCH:
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But don’t get too hung up on that one aspect of his remarks. The full speech is below, I suggest listening to it all, and pay particular attention at 04:50 where he talks about “the political transformation“.
The Bureau of Labor and Statistics released the January consumer price index today [DATA HERE] reflecting what you already know. The overall inflation rate stands at 6.4%, after the anniversaries of the first two waves of price increases have now tolled.
Inflation is the measure of price increases over time. Following two years of massive jumps in price, we are now cycling through and comparing current prices to the previous period when prices had already skyrocketed.
This gives a false impression of price moderation (hindsight inflation); however, the price of goods and services is significantly higher, and those prices will not drop. The higher prices are now embedded in the economy.
After a brief respite, a plateau, in energy price increases over Nov (0.5%) and December (0.4%), the January energy prices began climbing again (0.6%). This is what we have all noticed in the past three months.
Additionally, “shelter” costs, rent and housing, continue to increase in price (0.8%, January). Overall shelter costs now +7.9% for the 12 months preceding January, 2023, with rents up 8.6% for the period [Table-1].
We have also cycled through the anniversary of the first two waves of massive food price increases, ending January 2022. Despite that cycle, food prices still show an increase of 10.1% for the preceding 12 months. Cereals +15.6%, dairy +14.0%. These food price increases are on top of similar jumps in the period that preceded January ’22. Most of these volatile food price increases are attributable to the overall scale of energy and transportation costs. These prices will never reverse.
Hungary has been in the crosshairs of the Biden/Obama administration ever since Prime Minister Viktor Orban refused to align with the WEF Western Democracies in their quest for regime change in Russia. As the NATO led western alliance assembled to use Ukraine as a proxy war against Russia, Hungarian Prime Minister Orban would not join.
In early April 2022, Hungarian Prime Minister Viktor Orban was overwhelmingly reelected {LINK}, despite the massive efforts against him by the European Union, western and euro-centric multinational globalists. As a result of the victory, Brussels was furious at the Hungarian people. Associated Press – […] “Orban — a fierce critic of immigration, LGBTQ rights and “EU bureaucrats” — has garnered the admiration of right-wing nationalists across Europe and North America.” (link)
Within the statements reported from his 2022 victory speech, Prime Minister Orban warned citizens of the NATO and western allied countries about the manipulation of Ukraine and how he views the Zelenskyy regime: […] “while speaking to supporters on Sunday, Orban singled out Zelenskyy as part of the “overwhelming force” that he said his party had struggled against in the election — “the left at home, the international left, the Brussels bureaucrats, the Soros empire with all its money, the international mainstream media, and in the end, even the Ukrainian president.” (link)
This put Hungarian Prime Minister Viktor Orban in the crosshairs of the western alliance, specifically the EU and U.S. bureaucrats who use their power, position and intelligence apparatus to manipulate foreign nations. A year later and now we see USAID Administrator Samantha Power in Hungary openly discussing her seeding of the NGO’s and political activist systems in order to generate yet another color revolution. {Direct Rumble Link} – WATCH:
Samantha Power, the wife of Cass Sunstein, is well known as the Obama/Biden administration’s advance operative who uses her position in U.S. government to influence activism in targeted nations. Hungary is now her target.
If you accept the likelihood of the 2024 Wall Street Republican roadmap being the defining difference between 2016 and 2024, then you can easily see how the Republican Governor’s Association (RGA), the state level system where the policy of GOP governors are purchased by big money, will be the driving influence. It is into this mixed manipulation where New Hampshire Governor Chris Sununu becomes of strategic value.
Someone has to try and maintain the narrative of “free markets” as a Republican priority, enter Chris Sununu. Readers here and middle-class workers of America have decades of experience seeing exactly what the outcome of Republican “free market” capitalism creates. Selling out the U.S. worker and manufacturing base in favor of globalism, multinational corporate exploitation and profits at any cost are the result. In modern economic reality, there is no such thing as a “free market,” there are only controlled markets {GO DEEP}.
Pushing the conservative ‘free market’ narrative, the corporate controlled Chris Sununu appears on Face the Nation to gaslight the base republican voter with old catchphrases that used to work; they no longer do. People can now see through the rustbelt prism and identify the destruction created by the Wall Street funded UniParty apparatus. This is what 2024 presidential candidate Chris Sununu is trying to lie about. However, no republican candidate is an economic nationalist, except President Donald Trump. WATCH:
[Transcript] – MARGARET BRENNAN: Welcome back to Face the Nation. We’re joined now by the Republican governor of New Hampshire, Chris Sununu. And it’s good to have you here…
GOVERNOR CHRIS SUNUNU (R-New Hampshire): Thanks.
MARGARET BRENNAN: … in person.
GOVERNOR CHRIS SUNUNU: Great to be here. Better here than the rest of Washington, because this whole town gives me the — it gives me the chills sometimes.
(LAUGHTER)
MARGARET BRENNAN: Well, you might need to go get over that if you’re going to run for 1600 Pennsylvania Avenue, as, apparently, you are considering doing.
Arkansas Governor Sarah Huckabee-Sanders delivers the Republican rebuttal to the Joe Biden state of the union address. {Direct Rumble link}
In this pointed rebuttal speech, Governor Sanders doesn’t pull punches and hits on the key issues that form the Democrat platform of Joe Biden and the Democrat leadership he represents. It is a very strong rebuttal speech. WATCH:
This guy is really a piece of work. Fed Chairman Jerome Powell delivers remarks to the pontificating pustules at the DC Economic Club. Within his remarks, notice how Powell used the word “disinflation” to describe how prices are starting to drop in the “goods sector.”
Of course, durable goods are dropping in price, fewer consumers have any money to buy them. Yes, excess manufactured goods created by the disappearance of buyers will naturally lead to lowered prices by those who need to sell them. Our economic problem is not, and was not, ever an outcome of excessive demand for durable goods.
Our economic problem is the scale of energy price increases that are chewing through paychecks and driving up the costs of high-turn consumables like food.
Massive price increases for food, fuel, energy, electricity, home heating and natural gas eating up paychecks. There is no room for discussion about the next phone, refrigerator, or new car that might be needed. Simultaneous to ignoring this issue, Chairman Powell is giddy that wages are not rising. WATCH:
John Boyd Jr., President of the National Black Farmers Association appears on Newsmax TV to discuss the ongoing issue of higher farm input costs. Energy costs, fertilizer costs, fuel costs as well as all packing and distribution costs that are associated with petroleum manufacturing, are continuing to drive farm costs throughout the supply chain.
After a review of the current farm output status, there is a very strong possibility we will see the fourth wave of food inflation hit this spring, in combination with several manufacturing and production facilities. Again, the lack of consumer spending on durable goods has moderated the price in hard goods (supplies up, demand down); however, the highly consumable products like food, fuel and energy continue to experience upward price pressure as a direct result of Biden energy policy. WATCH:
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If consumers could eat missiles and weapons, the U.S. government would be offsetting the costs. Unfortunately, for actual farming products, there is no government attention, policy or support. Apparently, food is still not considered a national security issue.
According to the latest ABC/WaPo polling [Full pdf Here], 41% of Americans say they are worse off financially under Joe Biden. That is the highest negative response to the question in the 37-year history of ABC polling.
Yet we are supposed to believe voters suffering under the worst financial outlooks in 40-years rewarded Joe Biden just two months ago with support for his Democrat Party and candidates? Something is just not adding up.
This is one of those interviews where you don’t have to take my word for what is being said, Gary Cohn and Margaret Brennan are gleeful about the January jobs report and the overall return of the U.S. economy to a service driven system with low wages. Seriously, this is them celebrating out loud.
In order to calm the Wall Street apoplexy about his election victory, President Trump selected Gary Cohn to be an economic advisor early in the administration. However, it was also no surprise that President Trump did not follow Cohn’s advice, and quickly dispatched him after Cohn protested. In this interview the worldview of Cohn is typically globalist, multinational and Wall St centric.
Talking about the January jobs report, Cohn literally gets everything wrong from the position of Main Street USA. Cohn also celebrates what he calls the “renormalization of the new economy.” Continuing with his thought process Cohn states, “A lot of the jobs that we saw were jobs in the service industry, the service, the industries coming back very strong because we’re starting to see the economy go back to what we historically think of the economy,” he said. This is exactly how Wall Street, and the multinationals look at the U.S. economy.
The next part that both Cohn and Margaret Brennan celebrate is even more sunlight. “The interesting thing about last month’s unemployment numbers is we brought people back to work, but we did not have to entice them with pay,” Cohn stated. “So, the monthly, the month over month number in wage gains was 30 basis points. The prior month was 40 basis points. So, we’re seeing we’re getting people back into the labor force for a lower wage than we were prior to this,” he said. With higher prices (inflation) crushing the middle-class and service workers, the multinationals Cohn represents are celebrating that they don’t have to pay workers higher wages. WATCH:
[Transcript] – MARGARET BRENNAN: So 517,000 new jobs, but a lot of companies, particularly in tech, are announcing layoffs. So exactly where’s the economy headed?
The Bureau of Labor Statistics (BLS) published a jobs report yesterday [DATA LINK] that has stunned the professional financial class. However, those who have followed the BLS data assemblies were laughing – not surprised. Eventually, if this continues, the BLS pretzel logic will start using terms like “eleventy.”
Throughout 2022, the BLS modified the underlying data they used to assemble their jobs reporting. The latest release shows that 517,000 jobs were gained in the labor market, despite every other economic indicator showing we are in an economy of contraction. The question becomes, why the disconnect?
There are two surveys that make up the BLS reporting. The Household survey is conducted by calling people and just asking if they are employed. The Payroll survey is conducted by reviewing large and medium businesses, no small businesses are included, and that plays a role in the disconnect.
Since the spring of last year, the two surveys have completely disconnected from each other. The household survey finds a net gain of 12,000 jobs in the last three quarters; the Payroll survey shows gains of 2.7 million jobs during the same time.
ZeroHedge did a good dive on the issue (SEE HERE), and their analysis reports, “[…] the number of full-time workers in March 2022 was 132.587 million. Fast forward to January 2023 when it was 132.577: that’s right: total US full-time workers declined by 10K over a period of 10 months. Meanwhile, part-time workers soared from 25.908 million to 27.400 million, an increase of 1.492 million! So at least we know where the bulk of the increase in US labor came from in the past year: virtually no full-time jobs, and all part-time.”
Additionally, Forbes dove into the data (SEE HERE) and reached a similar conclusion, the BLS data is all nonsense covered in statistical noise.
