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Fed Raises Interest Rates .50 Percent, The Purposeful Inflation is Expected to Continue

As expected, the Federal Reserve has raised interest rates .50%.  However, inflation is expected to remain high as prior spending debt bubble remains in place.

WASHINGTON, May 4 (Reuters) – The Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 years, and the U.S. central bank’s chief made an appeal to Americans struggling with high inflation to be patient while officials take the hard measures to bring it under control. (read more)

Within hours of the announcement, major U.S. banks including JPMorgan Chase & Co, Wells Fargo Bank and Citibank raised their prime rate to 4%, effective Thursday.

The timing of the rate increase is what was expected.  Last year’s inflation spikes started appearing in June of 2021.  By delaying the 2022 FED response until right now, the political operatives in control of U.S. monetary policy create a scenario where the Fed impact will appear to surface in June of 2022. Exactly one year from the date of the first wave of inflation from the prior COVID spend.

Year-over-year inflation will statistically begin to give the appearance of moderation, once the June (’21) to June (’22) comparison cycle arrives.  The Fed and White House will use the intentionally timed statistical outcome to claim inflation is diminishing.  It’s a political trick we expected.

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Rand Paul Questions DHS Secretary About Disinformation, Mayorkas Accidentally Gives Game Away “Should I Sit Back and Take That?”

Kentucky Senator Rand Paul questioned DHS Secretary Mayorkas about what constitutes disinformation and what will the DHS Disinformation Bureau do about it?  {Direct Rumble Link}

After multiple back and forth dodges by the DHS Secretary, at 06:40 Mayorkas slips a little and gives an example using the COVID vaccination program. After giving the example of a hypothetical claim of the vaccine containing fentanyl, Mayorkas asks “should I sit back and accept that,” meaning do nothing about it.

Right there Mayorkas gives away the intent and purpose of the Ministry of Truth.  Identify disinformation, then communicate with the networked partnership of social media companies, and then target whoever made the claim.  The government then controls the speech.  The government then becomes the arbiter of what is true and/or false.  The problem as Rand Paul is drilling down, is that ultimately government will approve speech.  WATCH:

There is no such thing as “disinformation.”  There is information the government approves of, and information that is averse to the interest of government.  That’s the bottom line and the end of this regulatory slippery slope discussion.

Example: Ask the DHS Disinformation Governance Board if a fetus is a baby human?

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Splodey Head Alert, Donald Trump Encouraged Elon Musk to Buy Twitter

If we thought the rage-filled apoplectic leftist meltdowns were bad about the Twitter purchase before….. whoooo doggies, them splodey’ heads are going to erupt even bigger now.

According to Truth Social CEO Devin Nunes, former President Donald Trump encouraged billionaire Elon Musk to purchase Twitter to help bring free speech emphasis back to social media.  {Direct Rumble Link} WATCH:

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Joe Biden, “This MAGA crowd is really the most extreme political organization that’s existed in American history”

The democrat narrative for 2022 is from the exact same playbook used against the Tea Party in 2011/2012.  Weaponizing the J6 committee to frame the construct this year, democrats are back to the playbook of calling their opposition “extremists.”

After resounding MAGA candidates won all the contested primary elections yesterday, Joe Biden takes to the microphones today and says:

…”this MAGA crowd is really the most extreme political organization that’s existed in American history.”

WATCH (prompted):

[Transcript of Remarks]

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Hungary Will Continue Purchases of Oil and Gas from Russia, Zelenskyy and European Union Furious

Defying threats from the European Union, Hungary has announced they will not stop purchasing oil and gas from Russia and join a blockade of energy products by the 27 member EU alliance.

BUDAPEST (Reuters) – Hungary will not support sanctions that would make Russian oil and gas shipments to Hungary impossible, Foreign Minister Peter Szijjarto said in a statement on Tuesday.

Speaking in Kazakhstan, Szijjarto said Russian oil shipments via the Druzhba pipeline accounted for about 65% of the oil Hungary needed and there were no alternative supply routes that could replace that. (link)

Slovakia has also announced they will not participate, which makes any collective EU action problematic.  Ukrainian President Volodymyr Zelenskyy is reported to be using his connection to the U.S. and Joe Biden in an effort to force the EU to deliver additional sanctions.   Essentially, if an EU country does not fall in line, Zelenskyy will instruct Biden not to support that EU country with the money congress is preparing to use as blackmail.

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Musk Goes Full Galt, Challenges Woke Activists Who Pressure Corporations with Sunlight

CTH has been watching carefully for several weeks; looking, reading and observing the expressed priorities of Elon Musk in an effort to evaluate his free speech intents and purposes.  After careful and cautious consideration, I can now say Elon Musk is the closest thing to John Galt in our lifetime.

Today, Mr. Musk drew attention to one of the central cancers. Musk is highlighting the strategy leftists use to target corporations, demand they withdraw advertising dollars, and force them into compliance against any unapproved platform designated by the woke mob.

[CNN Story HereMMfA Letter HereElon Musk Tweet Link Here]

David Brock’s Media Matters for America (MMFA) has organized an activist campaign against companies who advertise on Twitter. [SEE LETTER HERE]  Their intent is to assemble all of the radical activist groups, directly target any company who would advertise on Twitter and by extension force woke compliance by the social media platform Musk is purchasing.

The letter urges advertisers to make their next ad deals with Twitter contingent on changes to platform policy under Mr Musk.  However, Musk is pushing back against the effort by asking, “who funds these organizations that want to control your access to information? Let’s investigate.” He then goes on to tweet, “Sunlight is the best disinfectant.”

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Mandatory Mask Theater Returns, CDC Announces Long Term Extension for Biden Transporation Mask Mandate, No Expiration Date, Planes, Trains and Busses

Previously a federal judge overturned the federal mask mandate for transportation, thereby allowing travelers to make their own choices.  The DOJ has appealed that decision after the CDC said it wanted the mask mandate to remain in place.  The status of that litigation is unknown.

Today, the CDC has announced a semi-permanent extension of the federal transportation mask mandate with no expiration date noted. [Announcement Here] That means all travelers on airplanes, trains, busses and ridesharing will be required to wear facemasks again, including inside the terminals and operational hubs of those transportation nodes, pending the outcome of the DOJ appeal to the federal court.

CDC Announcement – “At this time, CDC recommends that everyone aged 2 and older – including passengers and workers – properly wear a well-fitting mask or respirator over the nose and mouth in indoor areas of public transportation (such as airplanes, trains, etc.) and transportation hubs (such as airports, stations, etc.).

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Joe Biden Gives Press Impromptu Remarks Concerning Supreme Court, Video and Transcript

A few hours ago, the installed occupant of the white house delivered impromptu remarks to the press concerning a leaked draft from a pending Supreme Court decision. [Video and Transcript Below]

[Transcript] – Q What do you think of the ruling — or the draft that leaked, sir?

THE PRESIDENT: “Well, first of all, I just got a call saying that it’s been announced that it is a real draft, but it doesn’t represent who’s going to vote for it yet. I hope there are not enough votes for it.

It’s the main reason why I worked so hard to keep Robert Bork off the Court. It reflects his view almost — almost word — anyway.

Look, the idea that — it concerns me a great deal that we’re going to, after 50 years, decide a woman does not have a right to choose within the limits of the Supreme Court decision in Casey, number one.”

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Beyond a Slush Fund, Biden $33 Billion Ukraine Package Includes $8.8 Billion to Establish State Dept Global Disinformation Bureau, and International Civil Asset Forfeiture

This is why Nancy Pelosi and Adam Schiff were in Kyiv yesterday…

The details of the Joe Biden $33 billion supplemental budget allocation have been released.  I would strongly urge everyone to read the proposal which now heads to congress for passage {SEE pdf here}.

The spending request outlines a massive amount of money for various ideological foreign policy initiatives under the guise of Ukraine relief (it isn’t).  The proposal outlines a kickback and bribery scheme.

Some of the spending includes an allocation of funds to the State Dept including funds to USAID to “provide $8.8 billion to the Department of State for economic support and assistance to the people of Ukraine and other affected countries, including direct budgetary support, as well as support for food security, democracy, anticorruption, cybersecurity, counter-disinformation, human rights, atrocity documentation, energy, and emergency infrastructure needs.” {pdf page 41The request specifically authorizes the transfer of these funds globally, outside of Ukraine.

{READ SOURCE DOCUMENT}

Apparently, the State Dept is going to set up an international version of DHS “disinformation governance board.”  But wait, it gets worse…

U.S. taxpayers are also going to subsidize farming in Europe and fund the climate change initiatives by paying for the development of alternate energy sources. “This would include [$500 million] support for small- and medium- sized agrobusinesses during the fall harvest and for natural gas purchases by the Ukrainian state energy company.” {page 44}

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DHS Secretary Admits Scale of Illegal Alien Crisis, 1.5 million Unlawful Border Entrants Since January 21st

The scale of the illegal alien influx into the United States is starting to get more attention.  One of the reasons for the increased spotlight is the scale of the numbers DHS is forced to admit.

In this brief video segment {Direct Rumble Link} DHS Secretary Alejandro Mayorkas admits since January 21st: 836,000 released illegal aliens, plus 207,000 unaccompanied children (UAC’s), plus 200k to 400,000 that got away and avoided detention.  Add that up and we have 1.3 to 1.6 million illegal aliens through the southern border in the last three months.  WATCH:

That 1.3 to 1.6 million DHS admitted estimate is since January 21st.  The general scale is around 500,000/month.   That scale aligns with the DHS projections of 18,000 per day moving forward after Title 42 is dropped.  18,000/day equals 500,000/month.

There’s no reason to believe the numbers were less in the month of January, so we can add another 500k to the currently admitted number of 1.3 to 1.6 million.  Putting the current year illegal alien releases around 2 million through the end of April, with a projected 4 million more to come this year.

That’s a total of 6 million illegal aliens in just 2022.   The current illegal alien population, already inside the United States, is well north of 40 million, likely closer to 50 million.

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