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German Economic Minister Announces Restart of Coal Power Plants for Electricity Due to NATO Sanctions and German Dependence on Russian Oil and Gas

To say the recent remarks from German Economic and Climate Minister Robert Habeck showcase the stupidity of the western sanctions would be an understatement.  In a broad energy policy announcement to the German people, Minister Habeck has announced that natural gas is now urgently being stored and built up in order to survive next winter.

Additionally, the German parliament is being called into emergency session to re-write climate laws allowing coal-fired electricity power plants to be brought back on-line.  Essentially, years of German renewable energy investments and initiatives are now being reversed in order to maintain the commitment to NATO sanctions against Russia.

You can read the full translated remarks HERE.  Some of the more stunning excerpts are below.

GERMANY – Minister Robert Habeck […] “The situation on the gas market has deteriorated in recent days. The missing quantities can still be replaced, and the gas storage tanks are still being filled, albeit at high prices. Security of supply is currently guaranteed. But the situation is serious. We are therefore further strengthening precautions and taking additional measures to reduce gas consumption. 

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Canada Completes Construction of Manufacturing Facility to Make Food from Bugs

I’m not sure how everyone feels about this new effort to make bugs into food for humans, but everything about it seems weird.   A Canadian company is now celebrating the opening of a manufacturing facility in Ontario what will generate 9,000 metric tons of crickets for people to eat.

I will not be eating the bugs, slugs or any other creepy crawling critter regardless of “protein transfer efficiency.”  Nope. Not happening.

(CANADA) – On May 26th, Aspire Food Group announced that it has completed construction of its alternative protein manufacturing facility. London, Ontario is now home to the world’s largest cricket production facility.

Aspire’s new plant will reportedly produce 9000 metric tons of crickets every year for human and pet consumption. That’s about two billion insects to be distributed annually across Canada and throughout the United States.

Aspire also reports that it already has orders for the next two years.

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Chuck Todd Pretends Not to Know Things

In a segment intended to protect the Biden regime from the outcome of their energy policies, the latest distraction is to claim gas prices are not high when “adjusted” to account for the inflation that Joe Biden has created.

Due to the scale of impact from Biden energy policy there is no real way to obfuscate at a level that hides reality.  However, Chuck Todd from NBC gives it a try.

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Comrades, if you can fill up your car with 2010 gas prices, paid for with 2010 wages….  Then surely you can fill up your pantry with 2010 food prices… while living in your house with 2010 mortgage or rent prices…. or something.

The laughable segment is below.

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Sunday Talks, NEC Director Brian Deese Explains Biden Inflation Solution, Raise Taxes, Take Over Drug Prices and Subsidize Energy Costs for Poor Americans

NEC Director Brian Deese delivers a consistent blend of words, claimed to be economic policy, that make absolutely no sense.  Deese is almost as bad at parse tongue gibberish as Pete Buttigieg and Kamala Harris, but not quite up to their level.   Many will think Deese is uniquely unqualified. However, if you accept that Deese job is to be the distracting front man -spewing nonsense platitudes while others detonate the economic explosives- then he is being successful.

Deese appeared for two interviews, one on Fox News Sunday {SEE HERE} and on on CBS {SEE FULL INTERVIEW HERE}. Fox News (Shannon Bream) attempted zero pushback on Deese ridiculous claims.  CBS (Margaret Brennan) at least pushed back a little harder.  However, we must accept both media outlets are advancing the same corporate agenda by playing the pretend game with Deese appearances.

Deese used the word “transition” eleven times in both interviews in relationship to the economy.   Deese was never asked what this actual “transition” is that he speaks so often about.  At certain trigger points Deese gets down to political nonsense when he says what the Biden team is doing to combat inflation.  He brings up three legislative priorities that he claims will lower consumer costs: (1) raise taxes; (2) federal takeover of all Rx prices; and (3) subsidize energy prices for low-income Americans.   That’s the plan; at least that’s what his unserious word assemblies are intended to claim as a plan, and he’s sticking to it while the media nods along.  WATCH:

{Full Interview with Brennan Here}

FYI, the Brian Deese economic plan is also the Larry Summers economic plan as outlined on Meet the Press {SEE HERE}.  At this point the entire DC system, including both democrat and republican wings of the UniParty vulture, are in alignment to fundamentally change the U.S. economy, justified via climate change, and kick start their carbon trading platform.    There is no entity in/around Washington DC trying to stop the economic collapse caused by energy policy.

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Neil Oliver, The Great Resetters are Intent on Retaining Post-Pandemic Power and Control Through Fear and Finance

Neil Oliver uses language to hack the great red pill vending machine and feed the masses.   In his weekly monologue today, Oliver notes the great resetters, the alliance of multinational corporations and government leaders, are intent on using fear and finance to build the post-covid control mechanisms over the people within western society.

Create massive costs, destabilize the people, manipulate the crisis and leave the common family left trying to figure out what is happening.  Government and bankers using fear and finance respectively; both leveraged against the people, while drumbeating the continued nonsense of climate change and the need to ‘save the planet’.  Video and Transcript below, well worth WATCHING and Reading:

[Transcript] – “Things are heating up – can you feel it?

It’s been warm in parts of Britain – although not as warm as climate crisis experts predicted. By this I mean the latest figures released by the United Nations’ Intergovernmental Panel on Climate Change – the infamous IPCC – show the world’s temperature hasn’t risen for 15 years.

According to press reports last week, politicians in Germany, Hungary, Belgium and the US – politicians who depend on climate crisis scientists’ computer modelling and predictions to justify their hugely expensive green energy policies – apparently wanted the many hundreds of scientists around the world responsible for the report to cover up the inconvenient truth that Earth’s temperature has plateaued for a decade and a half.

The report was just quietly slipped out onto the Internet instead, without press release or any other fanfare.

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Biden Tries Blaming Russia for White House Energy Policy and Inflation

It’s worth paying attention to where and when Joe Biden is standing when he makes his ridiculous economic claims today about Russia being the cause of the energy policy from the White House.

Do not let it go unnoticed that it’s June, the last month of the second quarter for economic data.  Do not let it pass your reference that Joe Biden is speaking from the Port of Los Angeles (POLA) as he spins his nonsense about the inflation, he alone is responsible for.  And do not overlook the attendee mentioned in this subtle statement, “And, John, I can’t thank you.  You’re — you’re the real deal.  Anybody — well, I won’t get into — get you in trouble, but thanks for sticking up for me.”

John” is the White House Port Envoy John D Porcari. A severely partisan former Obama official who was selected by Joe Biden to lead the fraudulent effort to improve supply chains when the White House was under assault in the fall of 2021.  Porcari was the person who designed “operation hide the ships” to give the illusion of port efficiency improvement, and it is almost a certainty that it was Porcari who leveraged his influence with the POLA to hold back the December 2021 import data in order to try and improve the GDP statistics.  {GO DEEP}

A recession is defined as two consecutive quarters with negative GDP growth.  The first quarter of 2022 was -1.5% as detailed by the Bureau of Economic Analysis.  That means if April, May and June 2022 are also negative GDP then we are factually in an economic recession.   That makes this month, June 2022, critical for Joe Biden.  The White House will do anything to avoid that label appearing on their economic policy when the reporting is released at the end of July.

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May Inflation Higher Than all Expectations at 8.6 Percent, Energy, Gasoline, Food Prices Continue Climbing

The Bureau of Labor and Statistics has released the May inflation report [DATA HERE] showing a 1.0% increase in the month of May, bringing the rate of inflation to 8.6 percent.  The highest rate of inflation in over 40 years.

This month of inflation data is particularly important because it cycles through the May 2021 calendar comparison from last year when the first wave of massive inflation first triggered.  The current year-over-year 8.6% rate of inflation now lands atop twelve months of massive increases in prices.

The data clearly shows how energy costs are the dominant factor hitting every aspect of consumer purchasing.  Gasoline increased 4.1% for the month, 48.7% year-over-year.  Fuel Oil increased 16.9% in May, 106.7% year over year.

The energy sector is crushing the ability of consumers to spend on anything else.   Real wages declined in May 0.6% as paychecks are being eaten up by massive inflation.  On an annual basis wages have declined by 4% year-over-year [BLS DATA].

Unfortunately, there is no forward optimism for any change in energy policy from the Joe Biden White House, that means energy costs will continue skyrocketing as the ideologues in control of the administration push their climate change Green New Deal policies.

Additionally, we still have the third wave of massive food price increases to look forward to later in the summer as the big increases in field costs start to reach the supermarket.  Those food store increases will average around 20 to 30% more than current.

Table-2 gives you a great breakdown of the price increases in specific sectors within each of the larger categories.  [SEE HERE] Eggs increased 5% in May, that’s a 60% annualized rate of inflation for eggs, which are already 32% more than last year.  Chicken is exceeding 30% inflation and growing.

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Biden Cabinet Members Admit There is Nothing More That Can Be Done to Lower Gas Prices

It looks like the Biden administration has quit pretending about their energy policy. Joe Biden’s Commence Secretary Gina Raimondo and Treasury Secretary Janet Yellen both threw in the towel on gas prices today saying, “there isn’t very much more to be done.”

The high gas prices are an intended feature of the climate change ideologues controlling U.S. energy policy. WATCH (44 secs):

Janet Yellen soundbite below.

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NBC Report, National Avg Gasoline Prices Likely to Reach $6/Gal by Labor Day

Surprisingly this NBC report admits the obvious.  The national price of a gallon of unleaded regular gasoline is projected to hit $6.00/gal by Labor Day.  Some states like California are already exceeding that amount, with reports that some CA gas stations are near $10/gal.  WATCH (1:08 sec):

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Biden Administration Quietly Raised Amount of Ethanol Required in Summer Blend Gasoline from Ten Percent to Fifteen, Three Predictable Problems Will Surface Soon

Last Friday the Biden administration raised the mandatory amount of biofuel, specifically ethanol, that must be blended within the U.S. gasoline supply.  The previous amount of 10% (summer blend) was raised to a year-round 15% (waiver) by the Environmental Protection Agency (EPA).  This is likely to lead to two sets of bigger issues, less food and higher gas prices.

First issue. – The Renewable Fuel Standard (RFS) is a government mandate, passed in 2005 and expanded in 2007, that requires growing volumes of biofuels to be blended into U.S. transportation fuels like gasoline and diesel every year.  Approximately 40 percent of corn grown in the U.S. is used for ethanol.  Raising the amount of ethanol required in gasoline will result in the need for more biofuel (corn).  With farming costs and outputs already under pressure this could be problematic.

Second issue – The EPA enforces the biofuel standard by requiring refineries to submit purchase credits (known as Renewable Identification Numbers, or RINs) to the Environmental Protection Agency (EPA) proving the purchases.  This enforcement requirement sets up a system where the RIN credits are bought and sold by small refineries who do not have the infrastructure to do the blending process.  They purchase second-hand RIN credits from parties that blended or imported biofuels directly. This sets up a secondary income stream, a trading market for the larger oil companies, refineries and importers.

The RIN credit trading platform is similar to what we might expect to see if the ‘Carbon Trading’ scheme was ever put into place.   However, now that summer biofuel requirements for blended gasoline have gone from 10% to 15%, the price of the RIN credits will likely jump.  This will cost refineries billions in additional expenses,…. which will mean the cost of the gasoline from the refineries will increase,….. which will mean the cost of the gasoline at the pump will go higher.

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