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Chaos in British Politics, Liz Truss Resigns as Prime Minister After only 44 Days in Office

Elevate far enough and you return to that same place where the international finance and banking system is making decisions on politics.  The western alliance is ‘all-in‘ on the goal of using climate change as the entry point to the carbon trading system.  No one is going to be allowed to challenge this agenda.

British Prime Minister Liz Truss has resigned after only 44 days in office, driven mostly by the financial system reaction to her proposal that taxes should be lowered in order to stimulate the economy.  In the big picture, the years of slowly advancing progressive politics in the U.K. has culminated in a political system that is only manageable by a leader who retains a globalist financial outlook and a climate change policy framework.

Prime Minister Truss’s economic agenda, lower taxes – stimulate growth, in combination with an emergency effort to quickly develop oil, coal and natural gas exploitation (fracking etc.) in order to avoid the escalating European energy crisis, was just too much and too radical.  The financial markets responded negatively, the World Economic Forum (WEF)was unhappy, and western alliance leaders were critical, including Joe Biden:

Biden called Prime Minster Truss’s proposed tax cuts “a mistake” earlier this week. Biden said he “wasn’t the only one” who thought as much, indicating he had talked to other western alliance leaders who thought the same.

“I wasn’t the only one that thought it was a mistake. I think that the idea of cutting taxes on the super-wealthy at a time when … I disagree with the policy, but it’s up to Britain to make that judgment, not me,” Biden said.  With domestic opposition and international pressure, it became clear that Liz Truss was going to collapse.  She did.

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(Daily Mail) – British Prime Minister Liz Truss resigned today after just 44 days in office, sending the country’s parliament into chaos and making it the laughing stock of the world.

Truss only took over from former leader Boris Johnson on September 6 after winning an internal Conservative Party leadership contest. She quickly lost the faith of the party to such an extent that she was deemed unfit to lead last night in a wave of no confidence letters from colleagues.

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CDC Holds Meeting on Whether or Not to Include COVID-19 Vaccinations in Their Recommended Pediatric Immunization Schedule

The CDC’s Advisory Committee on Immunization Practices (ACIP) is scheduled to decide Thursday whether or not to include COVID-19 vaccinations in their pediatric immunization schedule.  For most parents this quietly organized committee meeting is coming as a surprise.  [ACIP Agenda Here]

Many states require following the CDC guidance as part of their school vaccine requirements.  The substantively untested mRNA vaccine for children is quite controversial; however, as noted by some alternative media sources there is a benefit to Big Pharma in the approval.  Mandated immunizations provide liability protection for the pharmaceutical companies that manufacture them, and the CDC is essentially a government arm of those same companies.

Fox News host Tucker Carlson used his widely watched broadcast to raise awareness of the meeting. {Direct Rumble Link} – WATCH:

https://rumble.com/embed/v1m3ykh/?pub=4

Clark County Today – Armed with information from dissenting health scientists, parents in a number of states convinced their health board to reject bids to add the COVID-19 vaccine to the list of required shots for public schoolchildren.

And parents across the nation are demonstrating their lack of trust in the experimental mRNA vaccines issued under emergency use authorization, with only about 2% of children under 5 and less than one-third ages 5 to 11 having been fully immunized.

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Gaetz on Durham, The FBI are the Perpetrators Not the Victims

Last night, Congressman Matt Gaetz joined “Prime News with Jenn Pellegrino” on Newsmax to share his reaction to Igor Danchenko’s acquittal, and how the Durham investigation failed to bring accountability to the FBI. {Direct Rumble Link}

The evidence to prove Matt Gaetz perspective is brutally obvious.  John Durham never brought any issue to the surface that would indict the people within government. Durham focused exclusively on those outside government.   As Gaetz notes, the Durham investigation was structured to present the FBI as victims to outside forces.  WATCH:

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New England Power Officials Warn of Pending Winter Crisis as Natual Gas Prices Skyrocket and Electricity is Likely to be Rationed

New England consists of six states in the US Northeast, Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.  The states have been warned by regional ISO electricity providers for several years about their vulnerability if the winter weather is harsh and there is a significant increase in demand for home heating.  Those warnings are now multiplied by the massive price increases for natural gas.

Keep in mind as all these natural gas and LNG issues surface, the U.S. has been exporting natural gas to Europe as part of the Biden effort to subsidize the NATO effort against Russia.  Prices for natural gas have skyrocketed, and now shortages of the fuel source for energy production may create even bigger problems for New England.

[Via Zero Hedge] – […] The region’s power mix changes have left it increasingly reliant on international NatGas spot markets. State governors have asked US Energy Secretary Jennifer Graholm to waive the Jones Act and allow foreign-owned tankers to ship LNG from the US Gulf region. 

All of this has led to New England residents facing some of the highest electricity bills in years. Heating season is already underway. 

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The Great Economic Pretending Has Become Absurd, WSJ Economists Ignore Current Reality and Ponder Possibility of Recession in 2023

I do not know how to describe this with the Through The Looking Glass absurdity it deserves.

The ability of financial media and national economists to suspend accepting current reality, while making claims about the possibilities for next year, is ridiculous. Ask me why this era of great economic pretending is underway, and I have no answer. The intellectual dishonesty is beyond my comprehension.

The first and second quarters of the U.S. economy showed negative Gross Domestic Product valuations (GDP). We just finished the third quarter (July, Aug, Sept) and the likelihood of another negative GDP is high. Production is down, demand is down, consumer spending is down, inventories are climbing, and the economy is contracting. We are in a literal, technical and structural recession. Considering the Q1 and Q2 outcomes, we have been in a recession all year.

The Wall Street Journal publishes an article citing several notable economists who are putting the likelihood of a 2023 recession at 63%.

(WSJ) – […] On average, economists put the probability of a recession in the next 12 months at 63%, up from 49% in July’s survey. It is the first time the survey pegged the probability above 50% since July 2020, in the wake of the last short but sharp recession.

Their forecasts for 2023 are increasingly gloomy. Economists now expect gross domestic product to contract in the first two quarters of the year, a downgrade from the last quarterly survey, whereby they penciled in mild growth.

[…] Forecasters have ratcheted up their expectations for a recession because they increasingly doubt the Fed can keep raising rates to cool inflation without inducing higher unemployment and an economic downturn. Some 58.9% of economists said they think the Fed will raise interest rates too much and cause unnecessary economic weakness, up from 45.6% in July. (read more)

They are analyzing a pending recession in 2023 without even admitting we are in a recession right now. AT THIS VERY MOMENT.  We have two consecutive negative quarters of economic growth behind us (another Q3 result pending), and these economists are discussing a recession “next year“?

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South Africa Confirms Likelihood of Saudi Arabia Joining BRICS Economic Alliance

South African President Cyril Ramaphosa held a two-day summit with Saudi Arabia on mostly economic matters.

At the conclusion of the summit, he confirmed the intent of Saudi Arabia to join the BRICS economic coalition, which should not come as a surprise given the previous statements by Saudi leader and Crown Prince Mohamed Bin Salman (MbS).

(MSM) Ramaphosa confirms Saudi Arabia wants to join Brics family.  This was revealed by President Cyril Ramaphosa during his two-day state visit to the kingdom on Sunday.

“The Crown Prince (prime minister Mohammad bin Salman bin Abdulaziz al Saud) did express Saudi Arabia’s desire to be part of Brics and they are not the only country,” said Ramaphosa. He confirmed this on Sunday during an engagement with the media.

Brics held its first summit in 2009, with SA joining the following year. The bloc has generally been seen as an alternative to the dominance of the western economies.

“We did say that Brics having a summit next year under the chairship of South Africa in SA and the matter is going to be under consideration.

“A number of countries are making approaches to Brics members, and we have given them the same answer that it will be discussed by the Brics partners and thereafter a decision will be made.” (read more)

Since the outset of the Western Alliance sanctions against Russia, we have been predicting an increased geopolitical influence from the BRICS team.  A global financial and economic cleaving is underway created by the western nations chasing ideological climate change energy policy, while the rest of the world remains pragmatic toward oil, coal and natural gas as energy resources.

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Jury Deliberating in Danchenko Trial, Hillary Clinton Lawyers Defending Danchenko Blast the Prosecution in Closing

Closing arguments wrapped up on the trial of Igor Danchenko, the primary source who delivered fraudulent information to Christopher Steele for transmission to the FBI.  The jury now has the case and it’s likely they will not convict.

When you accept the FBI knew the Steele Dossier was a fabricated assembly of political dirt against Trump, the trial of Danchenko becomes more about the FBI corruption than lies by the defendant.   How can the same DOJ who willingly and willfully benefitted from the lies, now turn around and prosecute the liar.   Hillary Clinton lawyers providing the defense for Danchenko used this angle to criticize the prosecution in closing arguments.

(Via CNN) […] Danchenko lawyer Stuart Sears said prosecutors brazenly cast aside information that “doesn’t support their narrative that he’s a liar.” Sears pointed out how Durham turned on his own witnesses after they provided evidence that helped the defense.

“The special counsel attacked them mercilessly,” Sears said. “They attacked the credibility of the very witnesses they called in here, because they didn’t say what they wanted them to say.”  Sears added: “The government’s own evidence in this case proves that the defendant is not guilty.”

Durham’s team urged jurors to convict Danchenko on Monday, telling them to “look at his own words” in emails from 2016 that they believe prove that he later misled the FBI about his ties to a possible dossier source.  “You didn’t check your common sense at the courthouse door,” prosecutor Michael Keilty said. “You need to use it.”

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John Durham Questions FBI Witnesses to Highlight Robert Mueller’s Lies to Congress – Yes, Durham is Publicly Exposing the Intent and Extent of Special Counsel Corruption, But….

This might be the most important outline to understand this whole sordid mess…

During the Friday testimony of witnesses put on the stand by Special Counsel John Durham, there were two key witnesses, FBI Analyst Brittany Hertzog and FBI Special Agent Amy Anderson.  Both witnesses testified they were part of the Mueller investigative team with a primary mission to investigate the claims in/around the Christopher Steele dossier.  [See Technofog Substack for transcript excerpts HERE]

The testimony of FBI agent Anderson and FBI analyst Hertzog (about their role in the Mueller probe) leads to one inescapable conclusion, Robert Mueller lied to congress when he testified the special counsel did not investigate Chris Steele, the Steele Dossier, Fusion GPS and/or Glenn Simpson.   Mueller claimed it was “outside my purview.”

While Anderson and Hertzog are tied to the case against Igor Danchenko, it appears the primary purpose of their being called as witnesses in the trial is not about Danchenko.  It appears John Durham presented them for testimony to ‘gently‘ and ‘diplomatically‘ expose the corrupt intent of the two-year Robert Mueller investigation.  However, before getting all excited about Durham exposing Mueller be aware: There’s an outrage trap in here!

To fully comprehend the dynamic, we first need a background context, then a review of the witness statements, then an understanding of the outrage trap.

(1) Background Context:

AFTER originally interviewing Danchenko in January and February 2017, in March the DOJ/FBI then reinterviewed him before refiling the second FISA renewal in April.   With Danchenko on their payroll they FBI did not need to worry about him undermining the Trump-Russia narrative or speaking the truth about the dossier.  This approach protected the fraudulently obtained title-1 surveillance warrant.  The surveillance warrant was renewed in April.

AFTER Robert Mueller is appointed special counsel in May 2017, with Danchenko on the FBI payroll and under control.  When Danchenko is interviewed on June 15, 2017, he is being interviewed as part of the Mueller operation. Special Counsel Robert Mueller and Andrew Weissmann now submit the FISA application for another renewal on June 29, 2017.  The fraudulently obtained title-1 surveillance warrant was again renewed.

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Russell Brand Discusses the Common Sense and Pragmatism of Trump on Subject of Ukraine

It appears our friend Neil Oliver has the week off. So, we will visit another, albeit saltier, U.K. voice who is also grounded in pragmatic common sense.  Russell Brand recently discussed how “President Trump is Right” about the issues around the Ukraine war and the conflict with Russia.

Mr. Brand notes a few bold nuances that are mostly lost in the media conversation and uses his sarcastic humor to point out the current reality. WATCH:

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Retail Sales Growth Drops Below Rate of Inflation, What Does That Tell You?

You often hear me talk about how financial pundits and economic analysts are disconnected from Main Street.  Today we get a prime example of that from the Wall Street Journal.

The topline of the WSJ article is essentially that people are not spending money on anything except essential goods (housing, energy, fuel, food, etc), which is somewhat of a ‘duh tell us something we don’t know‘ type article.   However, the analytical part of the article is where you find the insufferable disconnect.   Here’s one example:

[Data Point 1] Gasoline prices dropped in September for the third month in a row, falling 4.9% from August.”  [Data Point 2] Sales at gasoline stations, a proxy for spending by car owners, declined 1.4% last month.” 

If gasoline dropped 4.9% in price, but sales only declined 1.4% that would indicate more physical gasoline was purchased at a lower price than the month before.   It’s not a hard concept to understand.

This is a retail sales reality even identified in the article itself, “Unlike many government reports, retail sales aren’t adjusted for inflation, so some swings reflect price changes rather than shifts in the amounts purchased.”

However, now look at this:  “Spending at restaurants and bars grew 0.5% in September from the prior month. But prices at restaurants grew 0.9% in the same month, according to a separate Labor Department report released Thursday, meaning that consumers are getting less for their spending.

No, that’s not what this means.

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