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Zelenskyy Says He Needs $7 Billion Per Month Western Government Subsidy to Sustain Economy

Ukrainian President Volodymyr Zelenskyy told the International Monetary Fund today he needs $7 billion per month in global subsidy in order to supplement the economic losses currently being incurred.

(VIA CNN) – “Ukrainian President Volodymyr Zelensky said on Thursday that Ukraine needs $7 billion per month in financial assistance to make up for the economic losses from the war. 

In a virtual address to a World Bank forum, Zelenksy also said that it would take “hundreds of billions of dollars” to rebuild his country later. 

He said every country must be prepared to break all relations with Russia and that Moscow should “immediately” be excluded from all international financial institutions including the IMF and the World Bank.” (link)

Plus, “10% for the big guy”.

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Biden Administration Will Appeal Federal Court Ruling and Attempt to Reinstitute Federal Mask Mandate

Ideological leftism is contingent upon appeasing the most insane elements of the extreme left.

As a consequence, the Biden political CDC has announced they need the Biden political DOJ to try and get the federal mask mandate put back into place.

CDC Announcement: “To protect CDC’s public health authority beyond the ongoing assessment announced last week, CDC has asked DOJ to proceed with an appeal in Health Freedom Defense Fund, Inc., et al., v. Biden, et al. It is CDC’s continuing assessment that at this time an order requiring masking in the indoor transportation corridor remains necessary for the public health.” (LINK)

According to NBC News, “the Justice Department said that it has filed a notice of appeal “in light of today’s assessment by the CDC” in a statement late Wednesday afternoon.” (LINK)

The Covidians who define themselves by their adherence to the dictates of the U.S. government, are happy.  However, in an election year where the overwhelming majority of the American people have had enough of this political science, this decision fuels an angry rebuke.

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Former Intel Officials Want Efforts to Break Up Big Tech Stopped – Data Control and Retention of Social Media Partnership Is a National Security Imperative

Put this in the tab labeled ‘conclusive proof of prior suspicions.’

Former Obama era intelligence officials, those who helped construct, organize and assemble the public-private partnership between intelligence data networks and supported social media companies, have written a letter to congress warning that any effort to break up Big Tech (Twitter, Facebook, Instagram, Google, Microsoft, etc.) would be catastrophic for the national security system they have created.

[READ LETTER HERE]

Citing the information control mechanisms they assembled, vis-a-vis the ability of social media networks to control and approve what is available for the public to read and review, the intelligence officials declare that any effort to break up the private side of the intel/tech partnership will only result in less ability of the intelligence apparatus to control public opinion.

They willfully admit that open and uncensored information is adverse to the interests of the intelligence state and therefore too dangerous to permit.   They specifically argue, if the modern system created by the partnership between the U.S. government and Big Tech is not retained, the national security of the United States is compromised.  Let that sink in for a moment.

One of their reference citations revolves around Ukraine and the Russia narrative:

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German Govt Release Inflation Data, Hyper Production Inflation Surpasses 30 Percent, Highest Rate Since 1949

The German government released their version of the producer price index for inflation, and they are reporting 30.9% inflation for products leaving German factories.  [DETAILS HERE] That’s the highest rate of inflation since shortly after the second world war.

The inflation rate is being driven mostly by energy costs which are more than 80% higher than last year.   However, each nation’s overall inflation rate is also driven by the amount of central bank spending they used during the COVID economic lockdowns.  The more any govt spent on subsidies, the more money they printed, the more they devalued their money and subsequently, the higher their current rate of inflation.

Germany is the largest economy in the European Union.  This level of inflation within Germany has major ramifications.

First, with this level of energy inflation Germany cannot afford to stop purchasing Russian energy products.  There’s no way for Germany to join or increase western sanctions against oil and gas they need to stay sufficient.  Germany is dependent on Russian energy.

Second, with Germany’s economy this vulnerable; and with Germany being so dependent on Russian energy; Germany will have to distance itself further from any Ukraine assistance.   In the background of western voices already being upset with Germany for not providing more support for Ukraine, their economic vulnerability explains their unwillingness.   The U.S. proxy war against Russia does not benefit Germany, at all.

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Biden Distributing Another $800 Million to Ukraine, Still Nothing for U.S. Border Crisis

According to multiple media outlets [CNN here – Reuters here] Joe Biden is sending another $800 million in weapons to Ukraine.  This is the third delivery of U.S. military hardware bringing the total weapons deliveries to $3.4 billion since late February.  Congress has allocated $14 billion for the laundry operation, which *may* include authorization for much of this current distribution.

In the last several days the Russian military have been posting on their ground reports, about the capture of many millions in U.S. weapons as the Russian army moves more forcefully and methodically to secure the Eastern Ukraine Donbas region.

While western media talks about an ongoing battle for the Russia-Ukraine city of Mariupol, the reality is the remaining Ukraine regiment in the city is now located in a steel factory where they took civilians to provide cover.  The Russians have given them a deadline to surrender.

At this point Mariupol is a western media talking point, a created Alamo narrative, about to disappear.

(VIA CNN) – The US is prepping another $800 million military assistance package for Ukraine, according to three senior administration officials and two sources familiar with the planning.

Details of the latest package are still being privately discussed and could change, but earlier Tuesday, President Joe Biden said the US plans to send more artillery to Ukraine.

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DOJ Says It Will Appeal Court Decision to Overturn the Federal Transportation Mask Mandate, if the CDC Asks Them to

On one hand, Joe Biden needs to appease the base of his Covidians who identify themselves through the prism of COVID. On the other hand, the overwhelming majority of Americans are done with the COVID fear mongering.  What to do, what to do?

Trying to split the baby, Biden’s DOJ announces [SEE HERE] it will appeal the federal court ruling that overturned the federal Transporation covid mask mandate, but only if the CDC tells them to.

DOJ PRESS RELEASE – […] “The Department of Justice and the Centers for Disease Control and Prevention (CDC) disagree with the district court’s decision and will appeal, subject to CDC’s conclusion that the order remains necessary for public health.”

“If CDC concludes that a mandatory order remains necessary for the public’s health after that assessment, the Department of Justice will appeal the district court’s decision.” (link)

Keep in mind, the federal court ruling specifically centered around the arbitrary nature of the original mandate, which exceeded the scope of CDC legal authority, compounded by the CDC breaking its own rules for public feedback in the implementation.

The mandate created by Joe Biden did not have legal structure.  It was a dictatorial fiat that exceeded the capacity of the executive branch to create.

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Biden Administration Unsure if They Will Challenge Court Ruling Overturning Federal Mask Mandate

Obviously, the office of White House Chief of Staff Ron Klain is urgently contacting pollsters to measure how the base of the party would feel if the administration did not challenge the federal court ruling that overturned the federal mask mandate for transportation.

The far-left is on its heels after a Tampa judge overturned the CDC’s legal framework for the mask mandate rule, and the TSA changed their guidance.  Most of the Biden support base, the Covidians, define themselves through the virtue signaling of wearing a mask. However, all of the airlines quickly abandoned rules for masks during travel, and the overwhelming majority of Americans cheered.

Now, the Biden DOJ finds themselves in a hot political place.  Biden is stuck between the mentally and emotionally unstable Covidians (10%) and the normal Americans (90%).  If the DOJ doesn’t challenge the ruling, the Covidians will be even more mad. [Psaki Transcript Here]

(WASHINGTON DC) – […]  White House press secretary Jen Psaki, speaking to reporters aboard Air Force One en route to New Hampshire, said the Justice Department was still reviewing the ruling and noted that these reviews typically take a few days. She pointed out that the CDC had said previously it needed 15 days to evaluate public health data related to the mask mandate.

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Fannie Mae More Than Triples Negative Forecast for Housing Sales

Lots of people talk about an inflation driven recession.  Essentially, that’s a total economic contraction in the value of goods and services produced, sold and purchased, due to rising prices.   However, as CTH has been pointing out for more than six months, if you subtract the federal COVID infusion money from the overall economy, we have been in a contracting demand economy for almost nine months.

A negative GDP outcome is quite possible, perhaps likely, when the first quarter GDP figures are released on the last Friday of this month.  The most recent sales and economic data shows that U.S. consumers are prioritizing spending and high priced durable good sales are negative.

Now, Fannie Mae is delivering a rather stunning shift in their economic forecast.  In addition to projecting a recession for 2023, these revised home purchase figures are remarkable:

...”We have downgraded our total home sales forecast for 2022 to a decline of 7.4 percent (previously a 4.1 percent decline) followed by a decrease of 9.7 percent in 2023 (previously a 2.7 percent decline).” (link)

That is a very significant change in home sales forecast to the negative position.

We already have serious energy inflation to contend with and low wage growth.  We already know a third inflation wave on highly consumable goods is coming this summer, likely around 30% or more in food prices at the grocery store.

The professional forecasts are always tilted toward the positive for this administration, so this new statement by Fannie Mae should be considered accordingly.  Remember, Boy Scouts motto.

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The Madness Is Over – Following TSA Response, Airlines Begin Announcing They Are Dropping Mask Mandates

Following a federal judge vacating the federal mask mandate on transportation, the TSA responded, “TSA (Transportation Security Administration) will not enforce its Security Directives and Emergency Amendment requiring mask use on public transportation and transportation hubs at this time.”

Within hours, various airlines began notifying customers the mask mandate is gone:

♦ American Airlines – “In accordance with the Transportation Security Administration no longer enforcing the federal face mask mandate, face masks will no longer be required for our customers and team members at U.S. airports and on domestic flights.” (link)

♦ Southwest Airlines – “As a result of this development, effectively immediately, Southwest Employees and Customers will be able to choose whether they would like to wear a mask, and we encourage individuals to make the best decision to support their personal wellbeing.” (link)

♦ Delta Airlines – “Effective immediately, masks are optional for all airport employees, crew members and customers inside U.S. airports and on board all aircraft domestically, as well as on most international flights.” (link)

♦ Alaska Airlines – “Effective immediately, all Alaska Airlines and Horizon Air guests and employees have the option to wear a mask while traveling in the U.S. and at work. Masks are no longer required for travel and will be optional.” (link)

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White House Responds to Immediate Questions About Current Status of Mask Mandate for Air Travel

Moments after a Florida federal judge vacated the CDC federal mask mandate for transportation, White House spokesperson Jen Psaki was asked the obvious question about airline travelers right now.  What does this mean for passengers in the immediate future?

Psaki noted she was unsure about what steps could be or would be taken, and she deferred to the FAA and Dept of Homeland Security who will need to make immediate decisions. The most substantive aspect at 11:49 of video, prompted:

The White House is very committed to all their mandates around COVID-19, the mask mandate is no different.  From the perspective of the professional political left, the theater of forced mask wearing represents the visible power and authority of government to rule the lives of the irrelevant proles.

Any pesky legal rulings, that seek to reduce or remove the power of government, are viewed by the left as arbitrary and insignificant efforts to block their almighty power of government.  They can choose to wear a mask if they want, but that’s not really the issue behind the mask mandate.  The true power of the left is in the ability to force everyone to comply to their whims regardless of individual freedom.

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