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Stacy Abrams in Nigeria to Assist U.S. “Election Efforts” in Oil Rich African Country Amid Election Turmoil

Everything about the progressive worldview of control is connected; the trick is to identify the priority that forms the motive of the connection.  In the example of U.S. involvement in assisting the control efforts of Nigerian progressives, the priority is energy and the climate change agenda.

Georgia’s twice-failed leftist gubernatorial candidate, Stacy Abrams, joins the globalist cause in seeking to “assist election efforts” in Africa’s oil rich nation of Nigeria.

If you have followed the geopolitical bouncing ball, you will likely have context for the priorities of western political leadership as it pertains to controlling African democracies.

[A cliff notes summary HERE]

The larger picture is the World Economic Forum and the Western Leadership alignment to control energy development in the African continent.  In addition to vast mineral deposits, there are oil and natural gas interests.

You might remember last year when the G7 were debating geopolitical policy. Some in the EU and western alliance said let the brown people die, climate is more important. Others were saying, if they allow mass starvation just to retain the WEF climate ideology, they may lose influence in the world.

The debate was raging, as noted by Reuters: “the European Union is divided on how to help poorer nations fight a growing food crisis and address shortages of fertilizers caused by the war in Ukraine, with some fearing a plan to invest in plants in Africa would clash with EU green goals.”  As the argument unfolded, “the EU Commission explicitly opposed” any effort to enhance African fertilizer development, “warning that supporting fertilizer production in developing nations would be inconsistent with the EU energy and environment policies.” {link}

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Three Random Fires Happen at Three Separate Oil Refineries in Mexico on Same Day

Oh boy, FOR ME there isn’t enough tinfoil folks.   Then again, FOR US, we have previously been outlining the “watch Mexico in 2023” oil production and energy issue for several months now.

Three oil refinery fires at three different facilities on the same day… isn’t good.  Because it just seems to be too coincidental to be coincidental.

MEXICO CITY, Feb 23 (Reuters)Three fires broke out on Thursday at different facilities in Mexico and the United States operated by state-owned Mexican oil company Pemex, leaving five missing and eight others injured as of Thursday evening. (read more)

Making tinfoil matters worse, I previously emphasized, “The U.S. and Canada are going to push every possible political pressure point in order to force Mexico to change energy policy.  The stakes are high. It is going to be remarkable to watch what happens as this battle takes place. Watch Mexico in 2023.” {LINK}  A few weeks later, with more data assembled, I added, “I’m not talking about little threats, or ordinary economic pressure points; watch closely how the U.S threats are established.  The ideologues around Joe Biden will seek to destroy AMLO if he does not go along with the energy change effort. {LINK}

The origin of the issue traces back to July of 2022, when Mexico President Andres Manuel Lopez-Obrador visited the White House {Go Deep}.  During a jaw dropping statement delivered publicly from the Oval Office, AMLO told Joe Biden he was not going to join the U.S. and Canada in shutting down oil use and refining capacity for low cost gasoline:

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Chairman Xi Plans Moscow Visit, Putin Suspends START Treaty, Maersk Exits Russia, Biden Talks Moldova, Planets Aligning for War

First things first, history may not always repeat, but it always rhymes.  Secondly, history tells us that only two things have ever pulled what we now call “western nations” out of a collective economic depression; (1) war, and (2) housing starts.

If you accept the WEF climate control agenda of a ‘managed transition‘, where economies are reduced in size to match lowered energy production, as generally speaking akin to a western economic depression.… then, you begin to ask the logical question.  How do the managers avoid the consequences?

If global (non BRICS) economic contraction is akin to a western economic depression, I would argue the consequences are identical.  Then, when major economies are in a state of shrinking and the citizens are feeling the horrible effects, something large is needed to change the economic equation.

With central banks raising interest rates to achieve the policy supporting contraction, the option for ‘housing starts’ to change the dynamic is removed.  That leaves, ‘war’.

President Putin and Chairman Xi are not stupid men.  They are big picture strategists.

DATA POINTRussian President Vladimir Putin’s move to suspend his country’s involvement in the last remaining arms control treaty with the U.S. came as a disturbing surprise to multiple former officials who negotiated the pact and nonproliferation experts committed to ending the expansion of nuclear forces. (read more)

Can you blame him?  The Western Alliance has already blamed Putin for the global food crisis they created by the World Economic Forum energy policy shift.  The Western Alliance accepts no responsibility for advancing hostility -through NATO expansion- on to Russia’s doorstep.  The Western Alliance has attempted to sanction Russia out of the global economy.  With the same Western Alliance now positioning for war, why would Putin adhere to their limitations?

♦DATA POINTChinese leader Xi Jinping is preparing to visit Moscow for a summit with Russian President Vladimir Putin in the coming months, the Wall Street Journal reported on Tuesday, citing people familiar with the plan. (read more)

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The Hunger Games Begin – Soaring Energy Costs Lead to Rationing of Vegetables in U.K.

Follow the bouncing ball of consequence….

(Via Daily Mail) Vegetable rationing could last for ‘weeks’, it was warned today, after Morrisons joined Asda to became the second major supermarket to limit sales of certain items. 

Perishables like tomatoes, potatoes, cucumber and broccoli have been restricted to just two or three per customer in a host of stores up and down the country.

The crisis has developed in recent weeks due to soaring energy costs which have forced British farmers to switch off greenhouses as they desperately try to make ends meet – leaving a dearth of home-grown produce. (read more)

While it is prudent to remind everyone how fortunate we are to have Florida, California and Mexico for North American vegetable supplies, ie. no dramatic supply shortages, the energy price pressure being applied by Biden policy will lead to even higher consumer prices for all row crops.

18 months ago (Oct 2021), CTH first strongly recommended restarting victory gardens at home. The same recommendation only strengthens.

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U.S. Home Sales Drop Again in January, 12 Straight Months of Contraction

I do not see anything on the horizon that will stop this continued dropping in existing home sales.  Financial analysts keep expected a month-over-month uptick, which would indicate the floor of the housing market has been reached.  However, that ‘uptick’ never happens, and each report shows the month-over-month number continuing negative, meaning the slope of the decline is continuing and no bottom is visible.

The gaslighting financial media keep using terms like “the pace of the decline is slowing” in an effort to continue supporting the policies that are ultimately contracting the entire economy.  The reality is behind the phrase “transitioning to the new economy,” which, by the very nature of the approach, means this is a managed decline in overall economic activity.

The temperature on Fed stove is slowly being raised, so the frogs in the economic pot don’t notice it.

(Reuters) -U.S. existing home sales dropped to the lowest level in more than 12 years in January, but the pace of decline slowed, raising cautious optimism that the housing market slump could be close to reaching a bottom.

[…] Existing home sales fell 0.7% to a seasonally adjusted annual rate of 4.00 million units last month, the lowest level since October 2010, when the nation was grappling with the foreclosure crisis. That marked the 12th straight monthly decline in sales, the longest such stretch since 1999.

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Massive Industrial Explosion in Bedford, Ohio – One Killed, More than a Dozen Injured During Foundry Explosion

Yikes, this place was a foundry so you can imagine flying molten metals and debris. Scary stuff.

According to News5 Cleveland, one person was killed, and more than a dozen injured when the I. Schumann & Co, brass and alloy manufacturer plant exploded.  Video footage shows the aftermath {Direct Rumble Link}

News5 – Authorities responded to a manufacturing business near Bedford Monday afternoon after a massive explosion caused fires and blew debris over neighboring businesses, streets and cars. Multiple injuries have been reported.

It happened at I. Schumann & Co., located in the 22500 block of Alexander Road in Oakwood. The business is a brass and bronze alloy manufacturer.

The company released the following statement about the explosion:

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Minneapolis Fed President Neel Kashkari Admits Goal is to Shrink Economy to Meet Decreased Energy Supplies

This video interview segment was sent to me today along with a “wow, you were right” message.  Apparently, the interview took place a few weeks ago (it’s new to me), but the admissions within it are quite remarkable.

The CNBC discussion surrounds inflation and the federal reserve raising interest rates. Minneapolis Fed President Neel Kashkari is talking about the jobs report, inflation and the intention of the federal reserve to continue raising interest rates until they achieve 2% inflation, regardless of consequence.  Kashkari doesn’t hedge on the latter issue of consequence; he affirms with absolute guarantee the fed will keep raising rates until the economy shrinks enough such that 2% inflation is achieved.  However, watch what happens when Joe Kernan takes that outlook and overlays “supply side” energy policy.  WATCH (10:22 prompted):

The issue is quite simple, really.  When additional oil, coal and natural gas development is blocked as an outcome of policy, energy prices jump massively.  We are seeing 2022/2023 price increases in electricity, home heating, fuel, gasoline, natural gas and other total energy price outcomes in the 60%+ range.

As a direct outcome of energy policy, all of the downstream products and services have massive upward supply side price pressure.  When the input prices are driving upward of 60%, the downstream prices increase accordingly.  Farming costs, fertilizer, feeding, transportation costs, food at retail and wholesale, and just about every petroleum-based product, which is almost everything, increases in price accordingly.

If supply side energy price increases are pushing +60%, and the Fed will only accept a 2% inflation output result, the only method of achieving the desired result is to shrink energy demand.  This is the goal of the current Fed monetary policy.  In this interview Kashkari admits the dynamic for the first time in public.

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Farm Input Costs Continue Driving Massive Food Inflation

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.

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Disconnected From Reality – BLS Employment Report Showing 517,000 Jobs Gained in January is Laughable

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.

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Beyond Hubris – Joe Biden Says He Takes No Blame for Inflation

Not only does the buck not stop with Biden, the installed occupant of the White House refuses to admit the buck even started with him. It did!

During remarks to the press today, even Brian Deese looked stunned as Joe Biden incredulously claimed he didn’t cause the rampant inflation that is crushing middle class Americans. Oh, he started it alright…. He not only started it, but he also created it.

The combination of the January 2021 immediate move to block any domestic energy development, in combination with the April 2021 unneeded explosion of deficit spending triggered both a supply side and demand side inflationary impact; with the former continuing to put massive upward pressure on prices still. WATCH:

The lies from the lying, liar who lies, just flow so easily from his mouth.

A pox on all their houses.

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