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Treasury Department Nominee Says Biden Administration Purposefully Wants to Bankrupt Oil, Coal and Gas Companies

Against catastrophic outcomes, we have been pointing out how the people within the Biden administration are not incompetent; they know exactly what they are doing, and they are destroying the U.S. economic system on purpose.  All of their economic damage is by design, it’s a feature – not a flaw.

An example today is so demonstrative of that point, it’s almost a parody. Joe Biden’s nominee for the Office of the Comptroller of the Currency (OCC), a branch of the Treasury Department that polices some 1,125 banks, is a communist ideologue named Saule Omarova. She is directly from communist central casting and literally from Kazakhstan in the former Soviet Union. Ms. Omarova graduated from Moscow State University in 1991, and Joe Biden nominated her for the OCC job in September.

Today, Ms. Omarova is caught on tape saying it is the intent of the Biden administration to use the treasury department to bankrupt oil, coal and natural gas companies. This is what happens often with avowed ideologues; they are so focused on their mission to destroy the U.S., they often just say the stuff out loud. WATCH:

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The FIRST STEP in defending against this onslaught is to stop excusing it by saying they don’t know what they are doing, or any version of the incompetency argument. They know exactly what they are doing.

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Producer Prices Rose 8.6 Percent in October, Massive Inflation Continues With No Signs of Slowing Down

This might be somewhat preaching to the choir, but it’s the only way I know to help Treepers prepare their families according to very visible economic signals happening just over the horizon. Back in August, when we discussed the massive inflation that was climbing straight up, I warned everyone to look behind the finished good prices, into the prices of origination and intermediate goods. {Go Deep}

The “producer price index” is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate and Final. The final product inflation rate in July (reported in August) was alarming at 7.8%. However, we warned of much higher flowing into the supply chain.

Today, The Bureau of Labor and Statistics (BLS) released stunning price data for October [DATA Here], showing a dramatic 8.6% price increase in Final Demand products at the wholesale level.  As expected prices are still going up, and there’s no end in sight, because the raw material inflation is still higher than current.

[BLS] “The Producer Price Index for final demand increased 0.6 percent in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.5 percent in September and 0.7 percent in August. (See table A.) On an unadjusted basis, the final demand index rose 8.6 percent for the 12 months ended in October.”  (more)

I modified Table A (final demand product pricing) taking out some of the noise to make it a little easier to see the big picture of what is happening.

When you see the wholesale level of prices almost double the increase in consumer level inflation rate, you can predict that consumer prices will likely go even higher.  Future finished goods at a retail level will carry the current wholesale price increase.

Stuff costs a lot now… and because the inbound stuff to make the finished goods is still climbing in price…. stuff is about to cost even more.   You can see this in the inflation rate of intermediate goods which I have highlighted below.

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Purposeful Crisis Keeps Unfolding as Biden’s Irrelevant Polling Keeps Collapsing – White House Vaccine Mandates Promoted, While Courts Attempt to Block

We are witnessing a very specific type of electoral frustration caused by officials within a system attempting to stop a communist style fundamental change by taking action within the same system simultaneously collapsing through the actions of the communists.

Joe Biden’s approval rating has collapsed to the lowest level in history {data here} ,which would normally cause a pause amid the political operators.

However, in this new era, where collapsing the U.S. economic and social system is the objective, the polling is irrelevant.

The Obama plan to use Biden as a disposable figure was designed for one specific four year term of maximum damage.

The polling is irrelevant.

Evidence of this purpose is found in the White House telling businesses to continue operating as if the vaccine mandate is legally authorized, despite a court ordered injunction against it {data here}.  We are in a post-constitutional system now where the traditional checks and balances are ignored.   This is a very Machiavellian approach being deployed against the American people.

The U.S. borders are unsecured, and illegal alien hordes are intentionally welcomed.  Again, by design.   Simultaneously, the U.S. military is likely to be put into a crisis position by thousands of critical servicemen rejecting the mandated vaccine {data here}.  Yes, another element of the design.  Saul Alinsky taught the designers how to overwhelm and collapse the system, they are doing exactly that.

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Transportation Secretary – Forget Gas Prices and Supply Chain Chaos, Bridges and Roads are Racist

Last week in an event to promote ‘environmental justice‘, Kamala Harris emphasized the priorities of the Biden administration when she held an event to highlight how trees are racist.  This week Transportation Secretary Pete Buttigieg wanted to promote ‘construction and logistic equity‘ while emphasizing the priorities of the Biden administration, so Buttigieg declared that roads and bridges are racist. WATCH:

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Critical to Understanding Where Durham is Going, Ratcliffe Highlights The August 2016 White House Discussion – Team Clinton Compromising Team Obama

An interview by Maria Bartiromo this morning highlights one of the dynamics almost invisible to most voices who speak on a granular level about the background of Spygate, and where they believe John Durham is going.   In this interview, former Director of National Intelligence John Ratcliffe outlines the moment in August of 2016 when Team Obama (he uses John Brennan) tells the president what Team Clinton is doing.

To set the correct context to understand the importance of what Ratcliffe is outlining here, it is important to remember that inside the executive branch of government, heading into the 2016 election, the two distinct camps were operating based on their perspective of their individual best interests.  Two distinct camps – Team Clinton and Team Obama.

Watch the interview while paying close attention to the dates and personalities that Ratcliffe is outlining.  I will expand on the background to explain how these issues surface in the investigation of John Durham; where he will go and where he will not go.  WATCH:

To understand the context Ratcliffe is explaining, it is important to go back to the relationship that existed between Barack Obama and Hillary Clinton.  It is from this relationship when things start to fall into place, as the Clinton camp was operating in the year of the 2016 election.  Grab a beverage, this is going to get weedy…

Deep political followers will remember well the 2008 Democrat primary between Hillary Clinton and Barack Obama.  It was a brutal battle within the Democrat Party between radical ideologues (Team Obama) and the entrenched establishment old guard (Team Clinton).

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A Note About Modern Fascism

Traditional Fascism was defined as an authoritarian government working hand-in-glove with corporations to achieve totalitarian objectives. A centralized autocratic government headed by a dictatorial leader, using severe economic and social regimentation, and forcible suppression of opposition.

That governmental system didn’t work in the long-term because the underlying principles driving free people rejected government authoritarianism.  Fascist governments collapsed and the corporate beneficiaries were nulled and scorned.  Then along came a new approach to achieve the same objective.

The World Economic Forum (WEF) was created to use the same fundamental associations of government and corporations.  Only this time the corporations organized to tell the governments what to do.  The WEF was organized for multinational corporations to assemble and tell the various governments how to cooperate to achieve control.

Fascism is still the underlying premise, the WEF just flipped the internal dynamic.

The assembly of the massive multinational corporations, banks and finance offices now summon the government leaders to come to their assembly and receive their instructions.  Some have called this corporatism. However, the relationship between government and multinationals is just fascism essentially reversed with the government doing what the corporations tell them to do.

One brutally obvious example: Big Pharma telling governments to promote the vaccine, and figure out the control details later….

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Joe Biden Mocks The American People – “They Don’t Understand Supply Chains” – The People are Rubes to Be Ruled, Not Listened To

I’m not sure what is more blood boiling: that Joe Biden thinks it is okay to mock the American electorate, or that he actually believes the horse crap that comes out of his twisted, stupid brain.

The question was a perfectly well presented inquiry about the Biden administration’s incompetence to put policies in place to streamline the supply chain chaos that he has created.  His response is disconnected, absent of anything even remotely accurate, and entirely disconnected from factual substance.  This guy is a complete and utter failure of staggering and stunning incompetence.  WATCH:

I do not use the word ‘hate‘ lightly.  I have a solid grounding on what that word actually means.  However, the only people I hate worse than the current occupants of the White House, are the complicit DC media stenographers who sit there and giggle as this pontificating pustule of an idiot spouts nonsense. They clap and comply as if this is the professional or normal state of a functioning government.

COVID didn’t do squat to disrupt supply chains, impact prices or create massive shortages and inflation… people did.  Specifically, the people in the background of this administration who intentionally trashed the U.S. economy, because they are ideologically aligned with that destruction.  The current economic team is devoid of any real world experience that would shape their outlooks on how to solve problems. Example: Transportation Secretary, Pete Buttigieg.

[Transcript] – […] THE NATIONAL FOOL: (Laughs.) (The fool covers his eyes and points towards the press.) (Laughter.)

Q Mr. President, Democratic Congresswoman Abigail Spanberger said of your presidency this week: “Nobody elected him to be FDR. They elected him to be normal and stop the chaos.” How do you view your mandate after Tuesday’s election losses for Democrats? And is she wrong?

THE NATIONAL FOOL: Well, Abigail is a friend. We had a long talk. She joked and said that I have a picture — she said I have a picture of Roosevelt hanging in my office — her office, okay?

I don’t intend to anybody but Joe Biden. That’s who I am. And what I’m trying to do is do the things that I ran on to do. And, look, people out there are — ordinary, hardworking Americans are really, really — been put through the wringer the last couple years, starting with COVID.

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Something Being Overlooked in the Danchenko Indictment – A Bigger Indictment of U.S. Media

There is an issue being overlooked, well, not so much ‘overlooked’ per se’, but rather intentionally being ignored by everyone in the discussion.

Maybe not an 800lb gorilla in the room, but at least to a troop of screaming spider monkeys swinging from the drapes and chandeliers.

As everyone is well aware, back in 2016 the entire U.S. media apparatus was given copies of the Clinton-funded Christoper Steele dossier, as Fusion GPS worked every source in their contact list to push the fabricated claims into the headlines.  Eventually the stenographers in/around DC, led by CNN and Buzzfeed, acquiesced.

As a result of the Durham indictment, we now know a fellow named Igor Danchenko was working closely with Democrat Party public relations executive Charles Dolan to funnel the fabricated source material to Chris Steele.

Chris Steele, under contract with Fusion-GPS to assemble opposition research that would be used by allies in the media and FBI, then took the Danchenko/Dolan fabricated claims and put it into his dossier.

DOJ official Bruce Ohr, the husband of another Fusion-GPS employee Nellie Ohr, was used as the laundry conduit to put the dossier into the hands of the FBI.  Simultaneously Glenn Simpson took the dossier and shopped it to his media pals.  That’s how the entire story was created; and yes, we already knew most of this and Durham is simply filling in the details.   However, there is something missing from all reporting.

We know the dossier was used as the resource material for the October 21, 2016, FISA application -a Title 1 search warrant-  to conduct political surveillance against the Trump campaign by accusing Carter Page of being an agent of the Russian government.  The Steele dossier was essentially a substitute for the ‘woods file’ that justifies an intrusive search warrant against a U.S. citizen.  The dossier was the evidence used by the FBI and DOJ to justify the warrant application.

What’s missing from this context is not just the fabricated dossier in the hands of the media; but rather, in March 2017 the actual FISA application was in the hands of the media.   Not only did most mainstream U.S. media like Buzzfeed, Politico, The New York Times and the Washington Post have the dossier in their hands, effective March 17, 2017, they also had the full and unredacted FISA application as it was leaked by the Senate Intelligence Committee Security Director James Wolfe.

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House Passes $550B Infrastructure Bill – 13 Republicans Voted With Democrats

The final registered roll call vote will be [available here], it’s not yet registered.   However, at almost midnight the House finally passed the previous $550 billion Senate infrastructure bill.

After a day of backbiting and internal debate among the far-left communist wing and the socialist wing inside the Democrat caucus, Nancy Pelosi was forced to bring the long delayed ordinary infrastructure bill to a vote.  13 republicans supported it.  The final vote was 228/206.

This bill has a long backstory {SEE HERE}, as it was originally going to be connected to a massive Build Back Better social spending bill demanded by the communists in the House.  However, after months of attempts to structure some way to get two bills out of the House, one of them insanely over-the-top with social spending, eventually the communists were forced to let the original Senate bill come up for a stand alone vote.

With the Democrats needing a win, any win, to show they are capable of doing something…. they put this bill to a vote.   The future of their communist social spending bill is unknown.

Energy Secretary Erupts in Laughter When Asked if Biden Administration Will Start Increasing U.S. Oil Production

Energy Secretary Jennifer Granholm was asked what the Biden administration plan was to increase U.S. oil production.  Her response is exactly what you might believe it would be from a thoroughly incompetent ideological administration.  WATCH:

So what can a U.S. President and administration specifically do?

We have abundant U.S. energy resources.  Quite literally the strongest in the entire world.

  • Permit the use of preexisting approved leases in ANWAR (Alaska) to put more volume into the Alaskan oil pipeline that is severely underutilized.
  • Finish the Dakota access pipeline.
  • Reapprove the preexisting energy leases in New Mexico, Arizona, NE Atlantic and Gulf of Mexico.
  • Retract the stoppage of the Keystone pipeline to permit efficient oil transport shipments from Canada.
  • Stop blocking the expansion of coastal oil refineries in Texas, Louisiana and Alabama (regulatory issue), as well as Northwest, Northeast and Southeast Seaboard.
  • Continue to develop natural gas as a clean burning fuel.
  • Drive Liquefied Natural Gas (LNG) as an export.

 

None of this requires any approval from OPEC.  Strategically, the all of the above approach enhances U.S. national security and diminishes the influence of Russia, China and Iran.  Within six months of the above, gasoline will plummet

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