All around this western world of ours we find ourselves surrounded by economic pretenders and financial pundits, perhaps intentionally stuck, using old school economic theory to analyze a new era in government manipulation of the economy.  It’s maddening… but at least we do not need to pretend on these pages.

Milton Friedman was not wrong at the time he stated that inflation is driven by monetary policy.  Print money and the value of it diminishes; this is true.

However, we are in an era that Friedman never foresaw, nor could he fathom, where the structural policy of government is created to intentionally shrink economic activity.

Purposefully reducing energy resources and then purposefully reducing economic activity to match the diminished level of energy available, is the underlying purpose of what the western globalists call “Building Back Better.”   The claim of “climate change” is the justification for their action.  Too few people truly understand this, and as a result we see false arguments about the root of inflation being presented.

The ROOT CAUSE of modern western inflation is the intentional shortage of traditional energy resources (coal, oil, gas), which is driving up the price of the everything attached to the use of energy, everything.  It is a supply side causation with policymakers trying to forcibly shrink energy demand.   Quit making excuses in any other direction.

As energy products skyrocket, everything attached to the energy product rises in price – that is a supply side issue.  Yes, if you wish to be obtuse and support the justification from the policymakers, you can -if you chose to join the pretending- argue that demand for energy is the cause. However, demand for energy is far more consistent than the reductions in the supply that have been created.

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On September 22nd CVS pharmacy promoted the COVID-19 booster vaccination program by sharing a Tweet showing CDC Director Rochelle Walensky getting her shot at the national pharmacy chain. [pictured below]

On Saturday October 22nd, the CDC announced Rochelle Walensky tested positive for COVID-19:

(Via CDC) Last night, CDC Director Dr. Rochelle Walensky tested positive for COVID-19.  She is up to date with her vaccines.  Dr. Walensky is experiencing mild symptoms.  Consistent with CDC guidelines, she is isolating at home and will participate in her planned meetings virtually. CDC senior staff and close contacts have been informed of her positive test and are taking appropriate action to monitor their health. (link)

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Last week we discussed the announcement of a $24.6 billion merger deal between Kroger and Albertsons supermarkets {Go Deep}.  The majority stockholders in both companies are institutional investment groups, Blackrock, Vanguard and Cerberus.

The merger would consolidate the second and third largest food retailers in the U.S. and would certainly dilute the competitive dynamic amid the supermarket industry.  Concern over price controls and decreased competition has now arrived on the desks of DC legislators who are reviewing the deal.

(Reuters) – […] U.S. Democratic Senator Amy Klobuchar and Republican Senator Mike Lee were quick to say that they would hold a hearing to discuss the merger. A European interloper could make deal plans even harder.

Frans Muller, Chief Executive of Stop & Shop owner Ahold Delhaize (AD.AS), has made no secret of his desire to consolidate U.S. grocers. The Netherlands-based firm is already the fourth largest grocery chain. If it managed to cobble together a better offer than Kroger’s bid for Albertsons, it would become the second largest supermarket. Plane spotters tracked two Albertsons jets next to Ahold Delhaize’s U.S. base in Massachusetts in early August. Ahold declined to comment.

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As a guest speaker today during the Trump MAGA rally in Robstown, Texas, former Acting Director of the U.S. Immigration and Customs Enforcement (ICE), Tom Homan, delivered a full fire speech discussing the current border crisis created by Joe Biden.  The last five seconds are epic. {Direct Rumble Link} WATCH:

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@5:00 “I’ll tell you what I told [President Trump]. He comes back, I come back, and we fix this shit”…

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For his monologue this week (¹sorry, no transcript), U.K pundit Neil Oliver notes the vulnerabilities of the globalist elite when the people finally reach the point of having had quite enough.

Using the famous Mike Tyson quote, “everyone has a plan until they get punched in the face,” Oliver notes the scheme and grand designs of the globalists may seem omnipotent, but only so long as it takes for the angered masses to assemble in common resolve.  The elites are vulnerable despite their seemingly endless efforts to promote themselves as untouchable.  Their weakness is their limited number.

Oliver takes his position to a new level of indignation as he now describes the conniving western political class as soulless, rotten and seemingly willing to promote evil enterprise in their efforts to retain control.  Indeed, their current efforts to control the masses – through energy restrictions while they worship at the false altar of ‘climate change – they are fully exposed for their exploitative intent given the aftermath of their two years of COVID schemes, lies and visible madness.  WATCH:

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¹The transcript is normally available on GBNews. However, it is not available today.  Coincidentally, or not, the corporate Fox News YouTube site has not shared a single Tucker Carlson monologue for the last two weeks.

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I’m not sure what’s more remarkable; the transparency of Joe Biden’s cognitive decline, or MSNBC broadcasting it.  Then again, this was live at around 5:30pm ET, so there wasn’t an opportunity to edit out the disturbing part.  Sundowning?

During a live MSNBC interview broadcast today, Joe Biden was asked about his decision to run for reelection in 2024.  When a short follow-up question is asked, things got weird and uncomfortable.  WATCH:

BIDEN: “It’s my intention to run again.”

MSNBC: “Dr. Biden is for it?”

BIDEN: crickets

MSNBC: (Uncomfortable) “Mr. President?”

BIDEN: (Confused) “Dr. Biden thinks that uh, my wife thinks that uh, that I uh, that, that we’re, that we’re doing something very important.”

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Whenever we begin to evaluate how the U.S. government may respond to Elon Musk buying out Twitter and changing the dynamic behind Jack’s Magic Coffee Shop, it is always worth remembering a key point.  Elon Musk is not in an adversarial relationship with the U.S. government.  Indeed, almost every Musk venture is tied into the matrix of multiple government institutions.

That said, only Elon Musk knows the full intent of his objective to utilize Twitter and his larger aspirations to open information systems to all people (Iran example).

Having listened to a lot of Musk’s explanations for his endeavors, I’ve yet to nail down how his statements mesh with the public-private partnership that forms the baseline of revenue for his various engagements.

The Washington Post is reporting that Musk may RIF (reduction in force) to 75% of Twitter employees.  “Elon Musk told prospective investors in his deal to buy the company that he planned to get rid of nearly 75 percent of Twitter’s 7,500 workers, whittling the company down to a skeleton staff of just over 2,000.” {link}

(WaPo) […] On Thursday evening, Twitter’s top lawyer Sean Edgett sent out a note to all employees saying the company did not have any confirmation from Musk about his plans. Twitter’s own, smaller-scale “cost savings discussions” were put on hold once the merger agreement was signed, Edgett said, according to an email viewed by The Post.

In internal Slack groups, Twitter employees reacted to the news with anger and resignation, supporting each other and making jokes about the turmoil of the past few months, according to people familiar with the conversations.

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Yesterday, Politico noted President Trump had enlisted the law firm of Harmeet Dhillon as a proactive measure against a J6 subpoena. “Former President Donald Trump has hired a firm to engage with the Jan. 6 select committee on its forthcoming subpoena of him, POLITICO has learned.” {link} Less than a day later the J6 committee issues the formal subpoena.

Once again, the corrupt DC institutional system, and specific media participation, are identified by the leaks and recipients. The injustice system, DOJ/FBI always use the New York Times and Politico as their advanced public relations firms. The insufferable J6 subpoena details can be FOUND HERE.

WASHINGTON DC, J6 Committee – “Pursuant to a unanimous vote of the Select Committee, Chairman Bennie Thompson (D-MS) and Vice Chair Liz Cheney (R-WY) today announced that the Select Committee has issued a subpoena to former President Donald Trump for testimony under oath and records relevant to the Select Committee’s investigation into the attack on the January 6th on the United States Capitol and its causes.

In a letter to Mr. Trump, Chairman Thompson and Vice Chair Cheney underscored his central role in a deliberate, orchestrated effort to overturn the results of the 2020 presidential election and block the transfer of presidential power, a matter central to the committee’s investigation as it reviews the facts and considers recommendations to prevent a recurrence of the violence of January 6th.” {link}

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Earlier today Steve Bannon was sentenced to four months in jail for refusing to appear and be questioned by the congressional J6 committee.  However, Judge Carl Nichols has temporarily deferred the sentence pending an appeal by Bannon which will likely go into next year.

More than half the country holds contempt for congress, and the targeting of Bannon is transparently political. A defiant Steve Bannon spoke outside the courthouse after his sentence was delivered.  WATCH (prompted):

WASHINGTON DC – A federal judge has sentenced longtime Donald Trump adviser Steve Bannon to four months in jail for defying a subpoena from lawmakers investigating the Jan. 6, 2021 attack on the Capitol by a pro-Trump mob. He will also be required to pay a $6,500 fine if his convictions stand.

U.S. District Court Judge Carl Nichols, a Trump appointee, said Bannon inappropriately defied the House’s select committee on a matter of significant national interest, and even after roadblocks to his testimony had been removed.

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While appearing with Neil Cavuto to discuss the 2024 election and other matters, Jeb Bush stated Florida Governor Ron DeSantis “will be a formidable candidate in 2024.” {Direct Rumble Link}

Jeb!, the failed 2016 GOPe club insider, is famous for representing the more acceptable side of the Republican party apparatus, and like former House Speaker Paul Ryan, Jeb Bush has high praise for the Florida governor describing himself as a “Ron DeSantis fan.”

Bush told Cavuto in the interview Thursday that if DeSantis runs, “he will be a competitive contender for a number of reasons.” Adding, “the main reason I support Ron DeSantis is because of how well he has run my own state. He has done a great job as governor.”  WATCH:

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Florida Governor Ron DeSantis continues to assemble a considerable amount of support from the institutional political class within the GOP.  Combined with a $200+ million war chest from major professional donors including several Wall Street multinationals, billionaires and hedge fund managers, the enticement to run must be very alluring.

As previously noted, the network, branding consultants and conscripted media support -including Fox News- are all in place.   Will the DeSantis decision be a redo of Ted Cruz’s self-destructive 2016 RNC convention speech decision? Or is DeSantis smart enough to push the professional beltway advisors back and retain an independent ability to control his own political future?

We shall see…

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