The installed occupant of the White House said something today that is just brutally false on its face.

From the words typed into the teleprompter of Joe Biden you hear, “No losses will be borne by the taxpayers. Instead, the money will come from the fees that banks pay into the Deposit Insurance Fund.” Who the hell does Biden think are paying those “fees”? Those fees paid into banks, and then out of banks, from all around the nation are paid by the people using the bank, that’s taxpayers.

The United States government does not create a single dollar of revenue. They transfer revenue from people to processes and systems of government. Charles Payne has a good perspective on this entire dynamic. {Direct Rumble Link} WATCH:

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This is huge in the geopolitical world.  China operated as a broker in the structurally unstable relationship between Iran and Saudi Arabia.

• From the Iranian perspective – With a visibly weak U.S. president, and a strengthening Chinese Chairman Xi Jinping forming a close bond with Saudi Arabia, it makes sense for Iran to move toward diplomatic relations.
• From the Saudi Arabia perspective – With a visibly weak U.S. president, the prior assurances from Washington DC diminish, trust is tenuous, and a stronger hedge-based relationship with Chairman Xi is formed.
• From the Chinese perspective – With a visibly weak U.S. president, and a western alliance intended to destroy itself to fulfill the desires of the WEF climate change and cultural agenda, the opportunity to expand influence is teed up.

It will be intensely interesting to see how Israel positions itself w/ this new dynamic.

BEIRUT — Saudi Arabia and Iran announced an agreement in China on Friday to resume relations more than seven years after severing ties, a major breakthrough in a bitter rivalry that has long divided the Middle East.

The agreement was a result of talks in Beijing that began Monday as part of an initiative by Chinese President Xi Jinping aimed at “developing good neighborly relations” between Iran and Saudi Arabia, the three countries said in a joint statement. The agreement, which was signed by top Iranian security official Ali Shamkhani and Saudi national security adviser Musaed bin Mohammed al-Aiban, said embassies would be reopened within two months.

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After his review of the Twitter Files, Michael Shellenberger is beginning to take a big picture approach to each of the discoveries.  {Direct Rumble Link}

Shellenberger, appears on Tucker Carlson tonight to discuss how in the big picture the U.S. government is conducting psychological warfare against domestic citizens through the auspices of Twitter and likely other social media platforms. He’s not wrong, we’ve been calling it out in real time.  WATCH:

Semi-related.  You might remember for several months CTH has been outlining the state of the issues between the United States and Mexico regarding energy policy.  Within the dynamic I have said repeatedly to “watch Mexico” through the prism of: what would the USIC, specifically in this instance the CIA, do to turn American sentiment against Mexico?

Remember me repeatedly saying that?  Within those questions, and from that baseline, you will discover why I have not been writing about a Mexican cartel kidnapping four American hostages, killing two.

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Fox News host Tucker Carlson became public enemy #1 as a result of him showing some of the CCTV footage from the January 6, 2021, protests in Washington DC.  Collectively both parties in Washington DC and their stenographers in the mainstream media spent the last day in hysteric criticism of Tucker Carlson.

The need for control is a reaction to fear, and Mr. Carlson seems to understand that sunlight always brings forth the greatest demands for control.  In his opening segment tonight, Mr. Carlson took on the critics directly.  WATCH:

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In a Republican administration the leftist media would be going bananas asking why the Federal Trade Commission is requiring Twitter to notify them of which journalists have had access to internal communication files.  Alas, with a Democrat administration in office, the FTC demand is not an issue.

It would appear the mechanisms of government are aligned to fight back against any sunlight that might be provided upon the government manipulation of the social media platform.

In a profound display of institutional hubris, the U.S. government claims they are concerned about user privacy as the justification for their involvement.

In addition to the U.S. government demanding to know who may have reviewed the Twitter company communication with the U.S. government, the FTC is also looking for a deposition from Twitter CEO Elon Musk about the status of the company.

(Via Wall Street Journal) – WASHINGTON—The Federal Trade Commission has demanded Twitter Inc. turn over internal communications related to owner Elon Musk, as well as detailed information about layoffs—citing concerns that staff reductions could compromise the company’s ability to protect users, documents viewed by the Wall Street Journal show.

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Federal Reserve Chairman Jerome Powell delivers testimony today before the Senate Banking and Finance Committee.  During his statements Powell says, “The latest economic data have come in stronger than expected, which suggests that the ultimate level of interest rates is likely to be higher than previously anticipated.” Powell continued, “If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes.“… “We will continue to make our decisions meeting by meeting.” …  “Although inflation has been moderating in recent months, the process of getting inflation back down to 2% has a long way to go and is likely to be bumpy.”

Everything about the testimony to the Senate, and almost everything within the questioning as presented, ignores the key and central component that inflation is being driven by energy policy.   The scale of the pretending around this issue is jaw dropping.

Western governments, including the U.S. through Joe Biden, have limited and curtailed the production and exploitation of Oil, Coal and Natural Gas.  At the core of the inflation within those same governments, this is the issue at hand.  Energy prices have skyrocketed, driving the cost of everything through the roof.  The central banks are raising interest rates in an attempt to shrink the economy to match the drop in energy production.   This is their monetary policy (interest rates) attempting to support economic policy (Green New Deal / Build Back Better).

There are no lines for consumers in the U.S and Europe of people buying durable goods, electronics or shopping for non-essential items.  Prices on the products within the durable goods economy are not being driven by excess consumer demand.  There are not 25% more people buying lemons and milk than this time last year.  The prices for goods in general, and for essential goods specifically, have risen as an outcome of the input costs around energy skyrocketing.

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Coming out of the pandemic related disruption, the larger story of U.S. manufacturing has been an odd blend of good data and bad data depending on the sector.  While some manufacturing was growing as a result of clearing supply chains, other sectors of manufacturing remained soft.

In total, the full supply chain rebound should have completed around the end of the third quarter, beginning of the fourth quarter of 2022.

However, simultaneous with the correction within the supply chain(s), consumer purchase activity began contracting.

The consumer pullback led to very weak holiday sales last year, and a combination of increased inventories of finished goods.

Keep in mind that Maersk overseas shipping noted significant drops in orders for the movement of material in the third quarter of last year.  Considering the lag, the previously noted inventory buildup in combination with the drops in unit sales of durable goods, would generally mean lower manufacturing purchase order activity Q4 (’22) and Q1 (’23).   This reality is reflected in the actual data as reported by The Wall Street Journal:

(Via WSJ) – […] New orders for manufactured goods contracted for the sixth straight month through February, according to surveys by the Institute for Supply Management. Manufacturing output is down 1.7% from its postpandemic peak in May 2022, according to a three-month moving average of Federal Reserve data. And the Commerce Department’s measure of civilian capital equipment orders, excluding aircraft—the building blocks of business—was down 3.4% in January from its recent high in November 2021, after adjusting for inflation.

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On March 2, 2023, the people in control of the Joe Biden administration officially announced that government control of internet content was now officially a part of the national security apparatus. [White House Link] If you have followed the history of how the Fourth Branch of Government has been created, you will immediately recognize the intent of this new framework.

The “National Cybersecurity Strategy” aligns with, supports, and works in concert with a total U.S. surveillance system, where definitions of information are then applied to “cybersecurity” and communication vectors.  This policy is both a surveillance system and an information filtration prism where the government will decide what is information, disinformation, misinformation and malinformation, then act upon it.

In part, this appears to be a response to the revelations around government influence of social media, the Twitter Files.  Now we see the formalization of the intent. The government will be the arbiter of truth and cyber security, not the communication platforms or private companies.  This announcement puts the government in control.

All of the control systems previously assembled under the guise of the Dept of Homeland Security now become part of the online, digital national security apparatus. I simply cannot emphasis enough how dangerous this is, and the unspoken motive behind it; however, to the latter, you are part of a small select group who are capable of understanding what is in this announcement without me spelling it out.

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He’s not called China Joe for nothing.  This is quite a considerable amount of U.S. tech products delivered to blacklisted Chinese companies.  It would be interesting to trace the multinational kickbacks to the Biden administration.

March 3 (Reuters) – The Biden administration approved 192 licenses worth over $23 billion to ship U.S. goods and technology to Chinese companies on a U.S. trade blacklist in the first quarter of last year, according to a document released by a U.S. congressional committee on Friday.

The 192 licenses granted were out of 242 license applications decided between January and March 2022, a chart showed, and 115 of those approved contained controlled technology. Nineteen, or 8 percent of the total number of applications, were denied, and 31 were returned without action.

Republican Representative Michael McCaul, chair of the U.S. House of Representatives Foreign Affairs Committee, released the license numbers on Friday after revealing at a hearing on Tuesday that more than $23 billion worth of licenses were approved for suppliers to companies on the U.S. Department of Commerce’s “entity list” in the first quarter of 2022.

In a statement on Friday, McCaul called the approvals unacceptable. “This critical U.S. technology is going to the Chinese Communist Party’s surveillance and military efforts,” he said. (read more)

Beijing knows they can purchase U.S. political outcomes. At this point the pretending is embarrassing.

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Matt Taibbi has done another extensive review of Twitter data in File Release #17 HERE. This information release focuses on the Global Engagement Center (GEC), an internal sub-agency within the State Department as constructed by the Obama administration.

As noted by Taibbi, the GEC was funded mostly from the Pentagon and the financial outlays were to various leftist organizations who constructed the Trump-Russia narrative.

The outcome of the original deception created a need for the illusion of “foreign influence agents” in U.S. social media, specifically in this instance, Twitter.  The GEC was created as a targeting system to label any voice adverse to the Obama interests as a “foreign actor.”

Generally speaking, the GEC network identified usernames and social media account information they deemed adversarial to the Obama administration, then told Twitter to take down the accounts.  The people working within GEC were political activists, financed through government agencies by the very taxpayers’ they were targeting.  Ironic, no?

I strongly urge deep weed political walkers to review the entire outline – SEE HERE.  However, in the bigger picture I would not the motive that pixel-focused Matt Taibbi cannot see.

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