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Jack’s Magic Coffee Shop Reports 2nd Quarter Financials, Net Operating Loss of $128 Million

Jack’s magic coffee shop posted their latest financial results today.

As suspected, the social media company Twitter said revenue for the first quarter totaled $1.2 billion (+16%). However, costs and expenses totaled $1.33 billion (+35%), resulting in an operating loss of $128 million. (link)

Another unsustainable result for a company that doesn’t make a profit yet continues to operate.   I digress…

REPOST WARNING – The metaphorical Jack had a great idea, open a coffee shop where the beverages were free and use internal advertising as the income subsidy to operate the business.  Crowds came for the free coffee, comfy couches, fellowship, conversation and enjoyment.

It didn’t matter where Jack got the coffee, how he paid for it, or didn’t, or what product advertising the customers would be exposed to while there.  Few people thought about such things.  Curiously, it didn’t matter what size the crowd was; in the backroom of Jack’s Coffee Shop they were able to generate massive amounts of never-ending free coffee at extreme scales.

Over time, using the justification of parking lot capacity and township regulations, not everyone would be able to park and enter.  Guards were placed at the entrance to pre-screen customers. A debate began.

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Stagflation Arrives, U.S. Economy Shrinks 1.4 Percent in First Quarter

The Bureau of Economic Analysis (BEA) released the First Quarter GDP figures today [DATA HERE] showing the U.S. economy contracted -1.4% in the first quarter.

Gross Domestic Product (GDP) is the dollar value of all goods and services produced in the economy, minus the dollar value of goods and services we import.  The percentages discussed are percentages of change over time.

The first quarter result was an annualized rate of negative 1.4 percent, meaning the U.S. economy is shrinking.   However, this should not come as a surprise as the primary driver of our GDP is consumer spending.  With everything costing more, less stuff is purchased.  Less stuff purchased leads to less stuff generated.

While the first quarter result of -1.4% is not a surprise, in the commonsense perspective, the fact that BEA didn’t revise the fourth quarter result of +6.9% is a little eye opening.  There’s no way in an apples-to-apples valuation the U.S. economy goes from +6.9% to -1.4% in one quarter.  Instead, what we are seeing is the effect we mentioned when the Q4 result was announced.  The BEA is modifying their assumptions by increasing the inflation rate in their calculations of the value of goods and services.  They really didn’t have a choice.

You might remember my prior opinion that the Q4 numbers were very overinflated because of two factors: (1) they underestimated inflation; and (2) the December 2021 import data from the Port of Los Angeles (POLA) was missing [NOTE: remember, Buttigieg was there in November and POLA supervisors are on team Biden].  I said at the time that if my hunch was correct the first quarter 2022 import data would be magnified by the December POLA data being added.  Remember, imports are a deduction to the GDP equation.

Well, what shows up in Q1?  A massive increase in first quarter import data that surprised everyone.  Go figure… lol.

Let’s look at the data

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White House NSA Organizes Security Summit With 50 Nation Peers to Discuss Future of the Internet

Given what we discussed yesterday, this announcement {SEE HERE} should leave us all feeling warm and fuzzy… NOT!

(SOURCE)

What could possibly go wrong when the National Security Advisor, Jake Sullivan, organizes a “minister level launch of the Declaration for the Future of the Internet.”   Put more succinctly, that would be 50 nation intelligence ministers getting together to decide what they will permit on the internet.

Apparently, a collective partner rule book is forthcoming.   Big Tech will be given specific instructions on how to comply.

The global rulebook on how to handle, define and eliminate ‘disinformation’, ‘misinformation’ and ‘malinformation’ on the world-wide internet.

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Russia Stops Gas Supplies to Poland and Bulgaria Amid Ongoing Ukraine Battle

At the same time as Russia has targeted railway lines as part of the effort to block U.S. arms shipments into Eastern Ukraine, Vladimir Putin has now followed through on the previous warning to stop Russian gas supplies unless payments are made in non-sanctioned Rubles.

Poland is obviously the primary target for retaliation here, as the NATO alliance is using Poland as the gateway for arms deliveries into Ukraine.

According to multiple reports from the EU Russia has halted gas shipments into Poland and Bulgaria.  (Reuters) “Gazprom Russia’s gas export monopoly, suspended gas supplies “due to absence of payments in roubles”, as stipulated in a decree from Russian President Vladimir Putin that aims to soften the impact of sanctions.”

There are conflicting reports as to whether Germany is paying Russia, or whether they are trying to avoid running afoul of the NATO alliance by reducing Russian imports.

Ukraine President Zelenskyy is using the opportunity to reinforce his position that all European countries need to stop purchasing energy from Russia, or else they are not supporting Ukraine.   However, it’s not as simple as it seems because multiple EU countries are dependent on Russia for energy products and there are no immediate alternatives.  Russia is leveraging this dependency in an effort to break the western sanctions.

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New York State Appellate Court Rules Against Democrat Gerrymandering Effort, 2022 Primary Likely Delayed

New York state democrats attempted to mitigate the bloodbath coming their way in the 2022 elections by drawing a redistricting map that eliminated three republican congressional seats.   Today a New York State appeals court ruled the maps were unconstitutional efforts to gerrymander the districts and now the primary races will likely be delayed.

The 78-page ruling is available here.  The state appeals court ruled 4-3 against the democrats. The June 28, 2022, primary will likely be moved to August because the state now needs to redraw the congressional districts.

(Via MSM) – […] The New York State Court of Appeals said the three maps violated the state’s Constitution by creating political bias. The maps were “procedurally unconstitutional, and the congressional map is also substantively unconstitutional as drawn with impermissible partisan purpose,” the court said.

[…] With no more appeals and time running out, the court ordered the adoption of a neutral map by an outside expert. The court also recommended the state’s June 28 primary be moved to August.

“We are confident that, in consultation with the Board of Elections, Supreme Court can swiftly develop a schedule to facilitate an August primary election, allowing time for the adoption of new constitutional maps,” the court said.  (read more)

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The Man Who Abuses Power Daily, Decries The Abuse of Power

Joe Biden, the same authoritarian who mandated that every American worker undergo a medical procedure in order to qualify as a person who might earn a living, sits atop his high-horse and pretends that he has never abused his power.

I know Joe Biden would like to believe we do not remember the past year plus of unilateral dictatorship he carried out while hiding behind the shield of “emergency authorization,” but the American people are fully aware of the brutal reality.  WATCH (24 secs):

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Does he really think we have forgotten how he never once asked our representative government for authorization before triggering his unilateral fiats from CDC, FDA, TSA and OSHA?  The economic lockdowns, the loss of liberty, the collapse of freedom, the shutting down of any form of petition for grievance, the use and weaponization of the regulatory system, the manipulation of courts, the unilateral mask and vaccination mandates, the demands for compliance to some of the most ridiculous rules and regulations, and yes, even the lies and double standards his administration applied to the masses while they themselves ignored the rules they forced upon everyone else….  Does he really thing we have forgotten this?

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Representative Clay Higgins Questions DHS Secretary Mayorkas About Southern Border Crisis

The U.S-Mexico border is in a state of near collapse.  U.S. Customs and Border Patrol agents are overwhelmed with thousands of illegal aliens crossing the border daily.  According to estimates the number of illegal aliens who crossed the border since Biden took office is somewhere between two and five million people…. and the crisis is only getting worse.

Today Louisiana Representative Clay Higgins (CD-03) asked Dept of Homeland Security Secretary Alejandro Majorkas to define border failure, if that is not what we have currently underway.  WATCH:

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The painfully obvious answer is – it’s not a DHS failure because the massive influx of illegal aliens is the success of the plan.  The border crisis is a feature, not a flaw, of the Biden administration agenda.

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Dinesh D’Souza Discusses His Perspective on the 2020 Election After a Full Review of the Illegal Ballot Harvesting

Dennis Prager asks Dinesh D’Souza if his opinion of the 2020 election changed as a result of his research, organizing and collaborating with True The Vote, and reviewing all of the 2020 ballot harvesting work.  The results of the effort are assembled in the soon-to-be-released documentary, 2000 mules.

D’Souza explains that following the review of the specific precincts in the specific key targeted states, it became obvious the election was manipulated by an organized political effort to use fraudulently obtained ballots to stuff remote ballot collection boxes in those key precincts.   By taking this precinct level ballot harvesting action in Michigan, Pennsylvania, Wisconsin, Georgia, Nevada and Arizona the 2020 election result was a manipulated to provide Joe Biden a win.

According to D’Souza, the documentary will show the specific number of ballots that were fraudulently harvested in each of the key precincts, which then documents the precise number of fraudulent votes that were obtained by the ballot mules. WATCH:

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Deep State Response, Dept of Homeland Security Will Establish Disinformation Board with Obvious Agenda

I think we are now seeing the outlines of how the Fourth Branch of Government are planning to keep control over information, specifically public discussion on Big Tech platforms, even as Elon Musk moves to open the valves of information from the social media platform Twitter.

Previously the Cybersecurity and Infrastructure Security Agency (CISA) announced a new Dept of Homeland Security priority to combat disinformation {LINK} on technology platforms including social media.

Many eyebrows were raised as the announcement appeared to be an open admission that the U.S. government was going to control information by applying labels, that would align with allies in social media, who need a legal justification for censorship and content removal.

This CISA announcement was quickly followed by various government officials and agencies saying it was critical to combat Russian disinformation, as the events in Ukraine unfolded.  In essence, Ukraine was the justification for search engines like Google, DuckDuckGo, and social media platforms like Twitter, Facebook, Instagram and YouTube to begin targeting information and content that did not align with the official U.S. government narrative.

Previously those same methods were deployed by the U.S. government, specifically the CDC and FDA, toward COVID-19 and the vaccination program. All of this background aligns with the previous visibility of a public-private partnership between the bureaucracy of government, the U.S. intelligence agencies and U.S. social media.  That partnership now forms the very cornerstone of the DHS/CISA effort to control what information exists in the public space.  It is highly important that people understand what is happening.

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Solid Take from Glenn Greenwald on Elon Musk Motives and Purchase of Twitter

Fox News’ Tucker Carlson previewed a discussion with Glenn Greenwald that will appear in full tomorrow on Fox Nation.  In this segment {Direct Rumble Link Here} Greenwald gives his perspective on the motives of Elon Musk purchasing Twitter.

Greenwald does a good job encapsulating the essential support most feel for the Musk effort.  There are many people still uncertain about how this will all roll out, and Musk has been favorable to Big Govt in his two most famous endeavors, Tesla and SpaceX.   Elon Musk’s phase of pushing back against speech and internet control is more recent, and as a result has left many people wondering about it.

As Greenwald notes, there really isn’t a downside for people who are trying to break the totalitarian and monopoly control systems on the internet.  The upside benefits to on-line freedom, debate, discussion and the first real effort to stop internet censorship are well worth supporting.  Greenwald eloquently puts an appropriate context to the battle.  WATCH:

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