If you look beyond the condescending, sanctimonious and unintelligent questioning and pantomime from CBS News Margaret Brennan, there are some very interesting aspects outlined by German Chancellor Olaf Scholz.  [Transcript Here] I was looking for how CBS would inject the pending global food shortage into the interview, and what narrative angle they would use.  The coordinated media political talking point, ‘Russia starving the world‘, comes up in the last third of the interview.

Germany is the largest and most heavily industrialized economy in the European Union (EU). As a result, Germany makes most of the decisions about how the EU operates. Former German Chancellor Angela Merkel always played the role of supporting NATO; however, her approach to government was one of the most closed, controlling and nationalist hypocrisies within the European Union.  If it was in Germany’s interest it was done. If it was not directly beneficial to Germany, it was never done.

Merkel’s replacement, Olaf Scholz, is not that different from his predecessor in regard to the economics of nationalism, the predominant view for any German leader. However, Scholz is more of a collaborator, an outward looking Chancellor; seemingly more globally and communally minded than Merkel. Scholz is more accepting of Biden (USA) influence than Angela Merkel was.  Scholz is also spending more on German military than Merkel would ever consider.

In this interview, Scholz outlines the conflict in Ukraine while overlaying his perspective of Russian President Vladimir Putin as an outcome of their discussions.  WATCH:

[Transcript] – MARGARET BRENNAN: Mr. Chancellor, thank you so much for making time in your busy schedule for us.

OLAF SCHOLZ: Good morning.

MARGARET BRENNAN: So I read your biographer says you don’t often answer directly, but I’m going to try my best today. You speak with Vladimir Putin. Do you think that Russia is a terrorist state as president Zelenskyy says?

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This administration is a lesson in abject silliness.  Everyone knows that Joe Biden has no clue who or what is being done in the energy policy of his administration; heck, he could not even name his Interior Secretary.   That said, whoever controls his Twitter account is now just making him look even more stupid as Biden blames the gas stations.

[Tweet Source]

I would draw attention to the most overlooked quote from Joe Biden as it pertains to gas prices.  This statement was made May 23, 2022, and it proves he knows the gas price is directly related to his choice to implement the Green New Deal by executive policy:

…”Here’s the situation.  And when it comes to the gas prices, we’re going through an incredible transition that is taking place that, God willing, when it’s over, we’ll be stronger and the world will be stronger and less reliant on fossil fuels when this is over.”…  [source]

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It is very curious timing in this article from Newsweek, containing massive geopolitical implications, using identified Saudi Arabia sources, would come in advance of Joe Biden’s visit to the Kingdom of Saudi Arabia.

Is this strategic geopolitical pressure from Saudi leader Mohamed Bin Salman (MbS) ahead of the meeting with Biden; or is this a genuine possibility that looms as likely?  If the former, then Joe Biden is being geopolitically slow roasted by Saudi Arabia for his previous disparagements and ideological hypocrisy in his visit.  If it is the latter, well, then the tectonic plates of international trade, banking and economics are about to shift directly under our American feet.

We have been closely monitoring the signs of a global cleaving around the energy sector taking place.  Essentially, western governments’ following the “Build Back Better” climate change agenda which stops using coal, oil and gas to power their economic engine, while the rest of the growing economic world continues using the more efficient and traditional forms of energy to power their economies.

This article from Newsweek is exactly about this dynamic with Saudi Arabia now potentially joining the BRICS team.

NEWSWEEK – Finland and Sweden’s green light to join NATO is set to bring about the U.S.-led Western military alliance’s largest expansion in decades. Meanwhile, the G7, consisting of NATO states and fellow U.S. ally Japan, has adopted a tougher line against Russia and China.

In the East, however, security and economy-focused blocs led by Beijing and Moscow are looking to take on new members of their own, including Iran and Saudi Arabia, two influential Middle Eastern rivals whose interest in shoring up cooperation on this new front could have a significant impact on global geopolitical balance.

The two bodies in question are the Shanghai Cooperation Organization (SCO) and BRICS. The former was established in 2001 as a six-member political, economic and military coalition including China, Russia and the Central Asian states of Kazakhstan, Kyrgyzstan and Tajikistan before recruiting South Asian nemeses India and Pakistan in 2017, while the latter is a grouping of emerging economic powers originally consisting of Brazil, Russia, India and China (BRIC) upon its inception 2006, and including South Africa in 2010.

Here is the money quote:

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It’s not a secret that billionaire Bill Gates wants to radically change the process and outcome of farming, agriculture and ultimately food humans consume, in order to follow his climate change ambitions.  Bill Gates has been advocating for the removal of cows, pigs and animal-based protein for multiple years.  This is not a revelation.

However, what is new, is the amount of farmland that Bill Gates is purchasing.  Why would an entrenched climate change ideologue who wants to change food production be purchasing over a quarter million acres of prime farmland?

North Dakota – Bill Gates has secured legal approval for the controversial purchase of thousands of acres of prime North Dakota farmland, after the deal drew fury from the state’s residents.

The state’s Republican Attorney General Drew Wrigley had inquired into the land sale, and on Wednesday issued a letter saying the transaction complied with an archaic anti-corporate farming law. The Depression-era law prohibits corporations or limited liability companies from owning farmland or ranchland, but allows individual trusts to own the land if it is leased to farmers, which Gates intends to do.

Gates is the largest private owner of farmland in America after quietly amassing some 270,000 acres across dozens of states, according to last year’s edition of the Land Report 100, an annual survey of the nation’s largest landowners.

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Keep in mind as you review this article from the Wall Street Journal that every corporate (think Wall St) media outlet, has claimed for well over a year, that inflation was predominantly a demand side issue.  In essence, consumer demand was so strong that prices were rising because of it.

The demand side argument/justification for inflation was always false.  However, it was/is still the claim made by members of the Biden administration and almost every board member of the federal reserve.

All of them, almost universally, dismissed the supply side inflation argument which is the reality at the epicenter of inflation causation.

Inflation was/is an exclusive outcome of three supply side aspects which merged simultaneously: (1) the Joe Biden energy policy, (2) the Joe Biden promoted covid response via legislative spending, and (3) the promoted Biden administration monetary policy.

While the legislative spending did create artificial economic activity, all of these inflationary sources are supply side impacts.

The demand side claim for the origin of inflation was always a ruse, a con, a complete farce intended to backstop the claim that inflation would be “transitory” once consumer spending moderated.   From that perspective every approach from government toward controlling inflation was wrong.  Not wrong by accident, wrong as a matter of deceit and purposeful media manipulation in order to maintain the “Build Back Better” or “Green New Deal” agenda….. which, I might add, benefitted from the advanced Wall Street investment in both constructs, globally and domestically.

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National Economic Council Chairman Brian Deese essentially confirms what everyone suspected about Joe Biden’s polling, approval and disapproval.  It is quite obvious to everyone now that Biden is a disposable figurehead for the people inside the administration and government who are going full speed ahead with the Green New Deal via executive and regulatory action.

During a CNN segment Deese is challenged by the 85% disapproval and he ignores the opposition from the American people by saying the White House needs to “remind people as we go through this period” where energy costs are skyrocketing because climate change goals are unsustainable, during this economic “transition” they have made other progress.  WATCH: 

Joe Biden represents the once in a lifetime opportunity for every ideological leftist in government to carry out the most extreme energy policy without regard to political consequence.  Biden doesn’t even know what they are doing; that’s why there are conflicts between his statements about energy policy and the factual activity that is taking place around energy policy.  Biden couldn’t name the Interior Secretary if his life depended on it.

The extreme elements around Biden are taking advantage of his cognitive and intellectual deficit.  Obama told everyone Biden was an idiot, and now the Obama ideologues are using that idiot to fundamentally change America.   It is clear what they are doing; unfortunately, almost everyone in media and the leadership of both parties are pretending not to know what is happening.

But wait, it gets worse in the next soundbite from Deese .

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There it is folks.  I hope people can see the natural arc of this self-fulfilling prophecy now.  This also is why you should make sure you have potassium iodide tablets in your prep kit.

During a NATO press conference in Madrid [Transcript Here], today Joe Biden specifically attributed the upcoming global food shortage to Russian President Vladimir Putin.  Biden was emphatic when responding to a question about oil costs, western nation energy development and the pending food shortage.

BIDEN…”I think there’s a lot of things we can do and we will do.  But the bottom line is: Ultimately, the reason why gas prices are up is because of Russia.  Russia, Russia, Russia. The reason why the food crisis exist is because of Russia — Russia not allowing grain to get out of Ukraine.”  WATCH:

[Full Video Here – Prompted, if Needed]

Please understand… The food shortage is a done deal. We are beyond the point where current action could impact what is coming.  The timeframe to mitigate any global food shortage is in the rear-view.  Efforts to mitigate the food crisis should have been done months ago.  Nothing was or is being done.

The Western Alliance now needs a scapegoat, a justification for a food crisis that is almost certain to surface.  We do not know the scale of the shortage, but we do know global food supplies are going to be less than needed to feed the world population.

The direct cause of the food shortage is the Western government decision to prioritize climate change over food production.  The Build Back Better climate change agenda has created massive disruption with energy products (biofuel, fertilizer, diesel, natural gas etc) which are critical for the efficient production of food.  However, the western alliance cannot and will not take responsibility for the food crisis.  Instead, as you are seeing above, their plan is to blame Russia.

Stopping Russia from starving the world will be the justification for a physical escalation of conflict between NATO and Russia.  All of the signs and indicators point in this direction. None of the geopolitical or global economic signs point away from this direction.  A NATO led war with Russia is not a matter of “if”, it is a question of “when?”

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We can see no political scenario where the Bureau of Economic Analysis (BEA) will report a negative second quarter GDP number, despite the reality of a contracted economy.

A negative second quarter GDP would mean the Joe Biden economic policies have resulted in a recession.   Yes, the economy is contracting; and yes, the economy is in an actual recession.  However, it would be too politically damaging for the federal bureaucrats to quantify it accurately.

That being said, the Atlanta Fed is now calculating a negative 1% second quarter GDP result [DATA HERE]:

(Fed Reserve) – The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is -1.0 percent on June 30, down from 0.3 percent on June 27. After recent releases from the US Bureau of Economic Analysis and the US Census Bureau, the nowcasts of second-quarter real personal consumption expenditures growth and real gross private domestic investment growth decreased from 2.7 percent and -8.1 percent, respectively, to 1.7 percent and -13.2 percent, respectively. (link)

CTH predicts the BEA is likely to generate a statistical report somewhere in the +0.5% range. Just enough positive GDP to avoid the literal definition of a recession.  The BEA report will be issued at the end of July and if they follow recent patterns, they will likely underestimate the inflation rate as well as under-calculate the import data.  (more…)

The Environmental Protect Agency (EPA) was attempting to restrict the energy production from coal-based power plants through a regulatory cap-and-trade scheme intended to limit the emissions from electricity plants. However, by a 6-3 vote the Supreme Court said today the Clean Air Act does not give the EPA broad authority to regulate greenhouse gas emissions from power plants. [pdf Ruling Here] The regulation -if any- must come from congress, not regulatory fiat from an executive agency.

New York Post – The Supreme Court rolled back the Environmental Protection Agency’s authority to regulate greenhouse gas emissions from power plants Thursday, dealing a massive blow to the Biden administration’s plans to fight climate change.

The 6-3 decision overturned a lower court ruling that gave the federal agency virtually unlimited regulatory powers through the Clean Air Act. […] Writing for the majority, Chief Justice John Roberts agreed with the states that “it is not plausible that Congress gave EPA the authority to adopt on its own such a regulatory scheme.”

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There is a slow-motion buildup to a hot war with Russia happening.  The NATO and western alliance motive for the war is clear {Go Deep}.  The question is rapidly moving from “if” to “when.”

In this outline we will update on the troop and military movements and then explain why the war with Russia is becoming a self-fulfilling prophecy.  In many ways this will be the “Climate Change War,” you will see why below.

First, the U.S. is moving troops from the 101st Airborne ‘screaming eagles’ into NATO allied countries on the western border of Ukraine.   This is the first deployment of the Army’s 101st Airborne Division from Fort Campbell, Kentucky, to Europe in 80 years.  As noted by base reporting, “Elements of 2nd Brigade Combat Team, and 101st Headquarters and Headquarters Battalion, 101st Airborne Division, have been assigned to carry out the mission.” [source]

“We’re going to check the Russian influence and we’re going to impact the Russians’ decision-making for probably the next 10-20 years,” said Col. John Lubas, deputy commanding officer for operations, 101st Airborne Division, in a pre-deployment briefing. “We’re going to do this with all our partners in NATO, the European Union and the West, and this is an incredibly important mission.” 

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