The conflict of interest is simply off-the-proverbial charts here.   Tom Donilon is a deep DC swamp operator and has been for his entire career.  Donilon is connected to every tentacle of the Obama and Biden administrations.  Donilon is also the Chairman of the BlackRock Investment Institute.

We have written about the conflicts {Go Deep Here} and {Go Deep Here}, but this move by Secretary of State Anthony Blinken is stunningly fraught with serious conflicts of interest.

Tom Donilon’s literal job description at Blackrock is to “leverage the firm’s expertise and generate proprietary research to provide insights on the global economy, markets, geopolitics and long-term asset allocation,” and the State Dept has just appointed him as Co-Chair of the U.S. foreign policy advisory board.

Specifically, the Biden administration has just put Blackrock Investment Institute Chairman Tom Donilon in charge of U.S-China policy.

How in the proverbial hell can this be permitted?  That’s way beyond a rhetorical question.   The Dept of State has selected a team of Wall Street control agents to guide global U.S. policy.

(STATE DEPT) – Today, Secretary Blinken announced his selections for the U.S. Department of State’s Foreign Affairs Policy Board.

Since its establishment in 2011, the Board has provided independent advice on the conduct of U.S. foreign policy and diplomacy, consistent with each Secretary of State and administration’s evolving priorities for it.

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Federal Reserve Chairman Jerome Powell admitted the obvious in his senate testimony today when asked about U.S. inflation.  However, his testimony directly contradicts the White House claims.

Senator Bill Hagerty (R-Tenn.), member of the Senate Banking Committee, walked through the inflation timeline and asked Chairman Powell about the cause of the escalated inflation in 2021.  Powell admitted the massive rise in inflation had nothing to do with the Russian invasion of Ukraine. WATCH (02:16 Prompted):

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Reuters has an interesting, albeit sad article, highlighting the state of the U.S. and global economy.  According to the article, many college graduates this year are finding their recent job offers rescinded as the landscape for employment quickly evaporates.

The article focuses on the tech sector with various platform companies yanking the jobs.  Twitter, Meta (Facebook), Lyft and Uber are all mentioned as downsizing, freezing current employment and/or leaving positions unfilled.

(Reuters) – […] In what appears to be a counter trend to the Great Resignation of 2022, when legions quit for new jobs, some tech job-seekers now face cost cuts and hiring freezes amid four-decade-high inflation, a war raging in Ukraine and the ongoing pandemic.

In the case of those who were poised to join Twitter, the whims of billionaire Elon Musk have also caused stress. Musk has agreed to buy Twitter for $44 billion, but his recent tweets have raised questions about when and if the acquisition will be completed. 

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There are going to be multiple negative economic indicators surfacing in the next 60 days as the first wave signals of a deep and prolonged recession begin to reach shore.  Think of it like an economic meteor that hit the mid-Atlantic while only a few people were tracking its inbound trajectory and prepared for what was likely.

We are not likely to see much good economic news, but on the positive side, most readers are prepared.   Again, I will repeat… If you did not purchase a home this year, you are already ahead financially.

Housing sales are dropping fast, but housing values are, on a regional basis, holding steady – for now.  However, the banks and lending institutions are preparing for those values, and the contained equity, to drop and disappear precipitously.

Today Bloomberg is reporting that JPMorgan Chase is shifting around 1,000 employees in the mortgage side of finance with some being laid-off and others being reassigned to different parts of the bank and financial services.   This should not come as a surprise, but it does align with other less noticeable moves in the banking and home loan sector.

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Primary election contests continue today in Alabama, Georgia, Virginia and Arkansas with run-off elections.

One of the key contests people are watching is Representative Mo Brooks of Alabama, a six-term congressman, facing Trump-endorsed Katie Britt in a runoff election for the Alabama senate seat.  President Trump rescinded his endorsement of Mr. Brooks earlier this year and endorsed Ms. Britt.

New York Times Election Results Here

CNN Election Results Here

Politico Election Results Here

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The New York Times reported this.  There is a certain irony in the New York Times outlining the consequences of the U.S. led sanctions are essentially that western governments and NATO countries are essentially punishing themselves with continued sanctions against Russia.  Then again, the WEF coalition doesn’t really seem to care as long as they can continue chasing their Build Back Better agenda.

(Via New York Times) – The ruble cemented its unlikely status as the world’s best-performing currency, rising to new multiyear highs this week. Since collapsing in the weeks after Russia’s invasion of Ukraine, which triggered sweeping international sanctions aimed at crippling the Russian economy, the ruble has come roaring back.

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Earlier today, touting vaccines for babies and children 6months through 5 years of age, Joe Biden explained they needed more taxpayer money to give to pharmaceutical lobbyists to pay for vaccines and organize the next pandemic. {Direct Rumble Link} – WATCH:

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We The People are in an abusive relationship with Joe Biden’s government.

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A major win for parents and school choice today in a 6-3 decision from the Supreme Court [pdf Ruling Here].  The high court ruled that Maine violated the Constitution by refusing to make public funds available for students to attend faith-based schools.  The ruling is broad and makes it clear when any state and/or local government choose to subsidize private schools or provide vouchers for school choice, they must allow families pay for religious schools.

Teachers’ unions, left-wing indoctrination institutions and the media are not happy with the Supreme Court decision.  The ruling now makes it possible for state or local school vouchers to be used for private, faith-based schools.  Those schools also have religious exemptions on the types of material and educators they allow in their education programs.

In the bigger picture the court has again affirmed ‘freedom of religion‘ not ‘freedom from religion‘.  Parents who wish their children to receive a moral and virtuous education should not be blocked by state and local politicians who promote sexualization of children, immoral conduct and alternative lifestyles for kids.  SCOTUS BLOG has background details including the dissent:

SCOTUS BLOG: – […] The dispute before the court in Carson v. Makin began as a challenge to the system that Maine uses to provide a free public education to school-aged children. In some of the state’s rural and sparsely populated areas, school districts opt not to run their own secondary schools. Instead, they choose one of two options: sending students to other public or private schools that the district designates, or paying tuition at the public or private school that each student selects. But in the latter case, state law allows government funds to be used only at schools that are nonsectarian – that is, schools that do not provide religious instruction.

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The definition of the modern “western democracy” in Ukraine is increasingly showcased as the goal for modern totalitarian government.

The inflection point away from representative democracy was first evident in the way COVID-19 was leveraged by “western” governments in the U.S, Canada, Australia and the European Union.  Totalitarian minded leaders within those democracies, including governors in the United States, began operating without any elected representative feedback. Everything shifted from legislative representation to a system of dictatorial fiats with no opposition allowed in the arbitrary rules and regulations.

From forced lockdowns and arbitrary determinations of “essential workers,” various western government leaders were drunk on their new power.  Those who were already predisposed to the benefits of communism (aka Justin Trudeau) and various shades therein, dropped all pretense of believing there were limits to their power and began dispatching opposition views.

It did not take long before we saw things escalate into lockdowns, travel bans, forced business closures, quarantine camps and ultimately forced vaccinations and checkpoints for transit.  Collectively, none of these efforts ever went before a representative body for debate and consent; they were done through brute force and power of a top-down centralized authoritarian government.  It did not seem as if most people realized how ‘western democracy’ changed overnight through the use of the pandemic.

What we see taking place in Ukraine is an outcropping of this newly defined ‘western democracy.’   Using a declaration of emergency power, President Volodymyr Zelenskyy has now banned all opposition voices, taken control of broadcast media and now today banned the second largest political party in Ukraine. [Radio Free Europe Link]

Ukraine’s Opposition Platform For Life (OPPL) was the second largest political force in the Ukraine Parliament.  As of today, the party is officially banned by a Ukrainian court at the request of the Zelenskyy Ministry of Justice.   All assets, funds and property belonging to OPPL have been seized and transferred to the state.

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Joe Biden gave an impromptu interview with media at the beach in Delaware early this morning.  There is a lot going on in the video of the interview below.

First, Joe Biden’s daughter, Ashley Biden (jean shorts and green shirt), is obviously on alert and assigned to the role of Joe’s handler during this outing.  Two parents asked Joe for a picture with their daughter, a little girl in a bathing suit.  It appears Ashley was nervous about the optics and made some quick moves when creepy Joe gets ‘handsy.’  WATCH:

https://youtu.be/AR4h9InKYBc

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Secondly, if you have watched the video, you will notice Joe Biden said he talked to Larry Summers this morning.  Yesterday on Meet the Press, Summers stated a recession was a certainty given the status of the economic conditions.  However, creepy Joe says today he doesn’t believe a recession is likely.

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