Kraft-Heinz has announced the next wave of anticipated inflationary prices for their products.  The announcement, and the timeline they provide for the price increases, is exactly in line with our prior estimations.

Prior CTH outlines on the path of inflation for this specific company are HERE (Dec) and HERE (Jan).  Keep in mind, depending on the size of the buyer or wholesaler, and depending on the terms of the contracts for purchase, generally speaking, terms are net payment in 30, 60 or 90 days based on 180 day contracted price agreements which include rebates to retailers.

(Reuters) […] “The company expects inflation to be in the low-teens percentage range for 2022, with higher levels in the first half than in the second, said Chief Financial Officer Paulo Basilio.” (link)

Both Proctor & Gamble and Kraft-Heinz provide the best data points to predict future retail grocery inflation.  Based on their previous notifications, we can now see that Kraft is anticipating the March – July rates of increase to remain approximately where they have been (20 to 30%) and then stabilize in the last half of the year bringing the yearly average into the “low teens.”  This timeline is what we predicted back in October.

The prices we will see at the grocery stores will rise again in the spring (this is the backside of the inflationary cycle), continue through mid-summer, and then price increases should likely level off at the end of summer this year.  Between the price today and the price at the point of leveling is approximately a 20% increase.

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Earlier today Conservative Party opposition leader Candice Bergen asked Prime Minister Justin Trudeau when he planned to bring his declaration of the Emergency Act before parliament for authorization.  The Canadian Prime Minister refused to answer the question.  WATCH:

Consider this prior position from Justin Trudeau circa 2012:  “When a government starts trying to cancel dissent or avoid dissent, is when it’s rapidly losing its moral authority to govern,” most Canadians would agree.

(LINK – To Put Him on Blast)

Neil Oliver gives his review of the stunning shift in Canadian politics, as Prime Minister Justin Trudeau introduces government totalitarianism through his invocation of the Emergency Act.

Oliver notes the similarity between Justin Trudeau, New Zealand Prime Minister Jacinda Ardern and French President Emmanuel Macron in their reactions to people demanding freedom from COVID mandates.  Good Discussion.  WATCH:

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Representative Kathleen Rice holds New York’s 04 congressional district.  She announced today she will not be seeking reelection in 2022.  Rice becomes the 30th House Democrat to announce they will not seek reelection. [Casualty List Here] Her district was not being touched by the NY redistricting.  The Democrat Communists know a massive backlash is coming their way.

(New York) –  Rep. Kathleen Rice (N.Y.) said Tuesday that she would not seek reelection, becoming the 30th House Democrat to announce a planned exit from the chamber ahead of what could be bruising midterm elections for their party in November.

“As I turn to the next chapter of my own personal and professional story, I do so with profound thanks to the community leaders, colleagues and staff who have lived our shared commitment to service with courage and humility,” Rice, who has represented New York’s 4th Congressional District since 2015, said in a statement.

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The New York Times is reporting, “Tow-truck operators, who have been reluctant to cooperate with the police, will also now be compelled to work with law enforcement agencies to clear Ottawa’s streets and the border crossings at Coutts, Alberta. If they don’t cooperate, they could face arrest.” (link)

Meanwhile, the pontificating pustule of sanctimonious pomposity, Canadian Prime Minister Justin Trudeau, is doubling down on his position that in order to save democracy in Canada his administration must first destroy it:

(link)

Additionally, the Ottawa Police Chief, Peter Sloly, has resigned amid severe criticism from the far-left communists in Canada, because he did not crack down hard enough on the people demanding freedom from oppressive COVID mandates.

[…] Peter Sloly’s resignation as Ottawa police chief, which was confirmed by the minister of public safety, came after Mr. Trudeau took the rare step of declaring a national public order emergency aimed at stopping protests that have roiled Canada for weeks. (link)

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The previously planned Russian training exercises [Announcement Here] have been completed in Belarus – close to neighboring Ukraine. Today those troops began returning to their places of regular deployment as reported by the Russian Ministry of Defense in Moscow.

As a result, the Biden manufactured ‘wag the dog‘ scenario, a fabricated ‘Russia invading Ukraine‘ premise by the White House, U.S. Dept of State, Pentagon and intelligence apparatus, needs to come to an end quickly.

After pretending that Russia was going to invade Ukraine in an effort to manufacture a political win out of thin air, Joe Biden will declare today he saved the world.

(New York Times) President Biden will speak on the Ukraine crisis at the White House this afternoon. Western analysts said it was too early to say if the announced troop movements were meaningful, but it might be a sign that Russia is stepping back from the threat of invasion.

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I support this “BIG PICTURE” sentiment and delivery.

(Direct Rumble Link)

… The battle has just begun.

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Fox News Host Tucker Carlson used his opening monologue to outline the recent court documents highlighting how government contractors aligned with the Hillary Clinton campaign were permitted to conduct electronic surveillance of Donald Trump as a candidate and a President.

The electronic data was extracted by Neustar, a federal contractor.  The head of the organization, Rodney Joffe, then used cyber tech resources from Georgia Tech to assemble the data and deliver a false report to the Clinton campaign of Trump-Russia connections.

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The triggering of an official invocation of the Canadian Emergency Measures Act to eliminate protests is stunning.  Using the Emergency Act to target individual citizens in Canada, and their bank accounts, is yet again another level of astonishing. RESOURCES:

♦ Emergency Act HERE ♦ Summary Justification of Act HERE

♦ Press Release HERE ♦ Finance Minister Statement HERE

The Canadian Civil Liberties Association has announced their opposition to the government declaration:

I am carefully reviewing the details of the authorization because according to the public statements by Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland, they have authorized banks, financial institutions and insurance carriers to suspend the accounts of Canadian citizens based on their social media postings.

Yes, you read that correctly.   Support of “blockades and/or occupations” are specifically noted.

Anyone in Canada (individual or business) who supports or “furthers” the Freedom Convoy or Freedom Protest on Facebook, Instagram, Twitter or any other social media platform, is a target to have their bank accounts frozen and insurance policies nullified.

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In a major exhibition of raw power of the federal police state, the Canadian government announced today they have instructed banks, insurance companies and financial institutions to seize the accounts of any individual, group or business who are associated with political protest.

Using the Emergency War Measures Act, Prime Minister Justin Trudeau has just declared war against his own people.  You cannot protest against government and still retain a bank account in Canada.  I suspect a great number of Canadians will quickly move their assets into foreign banks including in the United States.

The announcement came after a meeting of the cabinet according to Trudeau and the financial measures were outlined in detail by Finance Minister Chrystia Freeland.

Corporate, business and individual bank accounts will be frozen and locked, this extends to crowdfunding sites and even cryptocurrencies.  To support these measures the government has created federal protection from civil liability to all financial institutions, including insurance companies.

Banks will begin freezing and seizing the account assets of any person, group or organization they may arbitrarily suspect of being aligned with, active with, or supporting the freedom protest.  The government has specifically crafted the financial mechanisms so financial institution can use their discretion on who should be targeted.  There are no structured rules for the banks to follow.

Additionally, the insurance policies associated with any individual, trucker, group, business or corporation who is identified or suspected of participating in a protest against the Canadian government will be nullified at the discretion of the insurance carrier.  Again, civil liability protection provided against recourse from the targeted entity.

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