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Lowering Our Expectations Has Political Consequences – Economists Reviewing Public Polling Note Inflation and Economy Now the Number One Concern

It is difficult to imagine how the Biden administration can possibly spin the economic reality of increasing, unavoidable inflation making the economy weaker over the next year.  However, somehow, they will try.

The AP is reporting that 68% of Americans now say the economy overall is their number one concern.  Meanwhile, the federal reserve of New York is reporting the inflation results from December are likely to be the same, if not higher, than the inflation results in November.

The Biden administration has continued to push additional federal spending under the auspices of Build Back Better as the bridge to offset the impact from their Green New Deal energy policies.  In fact, if you look at how the massive spending effort has been shaped, it becomes clear the overall goal is to push a new energy policy and then hide the impact by using COVID as the cover for the subsidies to try and offset the impacts.

It is a sneaky program when reviewed in totality.  Shut down oil and natural gas production, cancel leases, block pipelines and use the regulatory arm to shut down any additional growth in the oil and gas industry, including refinery capacity.  Then, try to hide the consequences by subsidizing the core constituencies who would normally be immediately impacted.

Unfortunately for the Biden architects, no amount of legislative spending is going to be able to offset the massive economic impact of implementing the Green New Deal by executive order, regulatory changes and administrative policy.  The American people are not blind to consequences, and when they start to look deeper into the causes of this inflation, what they discover is easy to see.

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Sunday Talks, The Human Cabbage Patch Doll Interviews CDC Director Rochelle Walensky on the Politics of Omicron and the Vaccination

Fox News Brett Baier interviews a highly political CDC Director, Rochelle Walensky, for Fox News Sunday.  In this interview, Baier asks Walensky to reconcile some of the many CDC contradictions surrounding official Biden administration messaging and the Omicron variant.

The transparent intent of Walensky’s appearance on Fox was an effort to reach viewers, who the administration perceives as representing a higher percentage of the unvaccinated.   Baier’s role is to give her a platform toward that effort.  It appears, because Walensky did not do as well as hoped (factually she stumbled her way through the obfuscation), Fox News did not widely distribute the interview.

Obviously, Walensky could not directly dispute the many false statements and claims from Supreme Court Justice Sonya Sotomayor, despite being asked to correct the record.  About two-thirds of the way through the interview [08:00], when questioned about the collapsing credibility of the CDC, Walensky said retaining confidence and simultaneously trying to spin COVID compliance for political benefit “is hard.”   WATCH:

https://youtu.be/t0BVBkAP1ZU

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Very Interesting Marionette Strings Visible in South Dakota, There Are No Coincidences of This Scale

Once you see the strings on the marionettes, you can never return to that time in the performance when you did not see them.  I have often repeated this phrase specifically as it pertains to political motives and the intents of the professionally republican, the DeceptiCons.

Late December, the New York Times reported {LINK} that South Dakota Senator John Thune, the heir apparent to Senate Leader Mitch McConnell, was considering retiring because the Trump influence, the MAGA base, was not in alignment with his corporate and Wall Street donor class worldview.

Those who have watched closely know Senator Mitch McConnell has positioned Senator Thune to take over in the Senate (zipper problems not withstanding).  The Machiavellian purpose of the positioning is to put Thune in place as a line of defense to protect the interest of the political establishment and the aligned Fourth Branch of Government.

Now, follow this sequence closely….

Yesterday, the New York Times announced that Thune was indeed going to run for reelection {LINK}. “Senator John Thune of South Dakota, the second-ranking Senate Republican, announced on Saturday that he would seek re-election, after an aggressive lobbying campaign by colleagues prompted him to put aside concerns about the future of his party and pursue a fourth term.”

Today, the usually invisible other Senator from South Dakota, Senator Mike Rounds, appears on ABC This Week with George Stephanopoulos, to undermine Donald Trump and say the former president “could be prosecuted” for his involvement in the J6 terrorist attack “if the DOJ has evidence.”

I am prompting the remarks from Mike Rounds below.  WATCH:

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Brilliant, Neil Oliver Goes There

Neil Oliver goes there, directly to the epicenter of “build back better.”   In this monologue not only does Oliver highlight the connective tissue and motives of the elite, but he also references their words to point out the bigger leftist agenda at work.  WATCH:

Point One – The “Build Back Better” agenda (in every nation) was never about anything except radical climate change legislation.  Once you accept that baseline, things start to become much clearer.

Point Two – The “Build Back Better” phrase came from the World Economic Forum and was promoted by a multitude of international leaders and left-wing organizations.   That reality then brings up the most important point.  To get to “building back better”, you first need to destroy something.  That thing they needed to destroy was the global economic dependency on carbon-based fuel supplies (oil, gas, coal, etc.).

Point Three – In order to destroy the ‘something of that scale’, the energy program for the entire world, something massive is needed to fundamentally change the entire world approach toward energy production.  Something is needed to create the crisis that provides the origin for the process to initiate.

Point Four – That triggering mechanism was/is SARS-CoV-2, or what we now call COVID-19 and all variants therein.

There you have it.  That’s the summary soup to nuts explanation of why a virus was created, and the subsequent panic pushing to create social structures that would facilitate the global acceptance of an entire new economic system that would be designed around saving the planet.

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Moderna CEO Says Fourth Booster Shot Needed, Booster Efficacy Drops Over Time

As the pharmaceutical companies make these statements, it does make you wonder what the impact is on all the people who trusted the vaccine officials implicitly and now face being told their vaccine status is no longer of value.

The CEO from Moderna is now openly telling everyone that booster shots wear off over time.  As a result, the direct admission seems to be that a never-ending cycle of booster shots will be needed in order to remain vaccine compliant.

The longer-term consequences of this process to create artificial immunity are remarkably unquestioned by a seemingly incurious media.

(Via NBC) –  Moderna CEO Stephane Bancel on Thursday said the efficacy of boosters against Covid-19 will likely decline over time, and people may need a fourth shot in the fall to increase their protection.

Bancel said people who received their boosters last fall will likely have enough protection to get them through the winter, when new infections surge as people gather indoors to escape the cold.

However, Bancel said the efficacy of boosters will probably decline over the course of several months, similar to what happened with the first two doses. The Moderna chief was interviewed by Goldman Sachs during the investment bank’s health-care CEO conference.

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The Most Dangerous Part of Biden’s Economic Plan Is that He Believes in It – Read What He Says, and You Will See What Is Coming

The people behind Joe Biden rushed him to the microphones today to proclaim the success of his economic policy.   Biden read from their prepared script for almost fifteen minutes [VIDEO HERE], then told the assembled press pool that “COVID was here to stay”, but not really “here to stay”, but his policies, rules and regulations that are driven by COVID are “here to stay.”

Did anyone else catch that?

Whiskey – Tango – Foxtrot… he said the quiet part out loud.

In essence, what Biden was saying was that even when the virus is no longer being a daily driver of government policy, the policies themselves will never go away.  Just like the Patriot Act, under the guise of anti-terrorism created the permanent security state, so too is COVID-19 creating the permanent government control state under the guise of public health.

As if that isn’t alarming enough, what the White House occupant outlined regarding the economy just has to be watched or read [Transcript Here] to be believed.  The most eye-opening part of his comments is that he really believes this stuff they tell him to say. So, obviously the people typing the words into the teleprompter either: (a) believe it themselves; or (b) more likely, know what they are doing is going to end up with the total collapse of the U.S. economic system, and that’s okay because the guy reading it is disposable for their plan.  I believe the latter is accurate.

Take a look at one metaphor Biden read from his teleprompter to see exactly how insane these policies are when said out loud.  Keep in mind, this is a direct quote from the transcript as he read it (emphasis mine):

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Biden Sends $8 Billion of COVID Recovery Relief as Payments to Offset Outcome of His Energy Policy for Democrat Constituents

Many people have wondered how the Biden administration could implement massive economic policies against the interests of their own constituents.  The answer to that question is hidden inside the COVID relief bills, which are used as a method to pay the expenses of his policies so that targeted Democrat groups in urban regions do not have to pay for the policy.

One example of this policy and urban dependency scheme is found in the Low Income Home Energy Assistance Program (LIHEAP).

The “American Rescue Plan”, the mechanism to use taxpayer monies as redistributive subsidies to special interests under the guise of COVID bailouts and relief, contained $8 billion in funding to pay for the electricity and home heating costs of low income families.

WHITE HOUSE – […] In 2021, the Biden-Harris Administration and Congressional Democrats delivered $8 billion in LIHEAP funding nationally, more than doubling typical annual appropriations, thanks to an additional $4.5 billion provided by the American Rescue Plan. These funds represent the largest appropriation in a single year since the program was established in 1981. (more)

In essence, what this scheme allows is the Biden administration to trigger ‘Green New Deal‘ energy policies that drive massive increases in the cost of electricity, home heating, and energy use for the middle class and working class families, and yet the federal government pays those costs for the constituents they need to keep voting for them.  Lower income families do not feel the energy policy burden, but middle class families are punished.

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We Have Less Than Two Weeks to Finalize Preparation

I do not know how better to emphasize the points other than to be direct and brutally honest.  Sometimes you just have to call the baby ugly.  The window to prepare for the incoming crisis of our lifetime is now down to two weeks.  Hopefully, that is specific enough.

As we have discussed on these pages, the interventionist policies and regulations from the people creating the COVID response (writ large) have been fubar from the beginning. {Go Deep} When they shut down the restaurants and hospitality sector (2020 lockdowns), the advisors and bureaucrats triggered a cascading series of events inside the food supply chain {Go Deep}.

Every policy implementation since then has made matters worse {Go Deep}

Adding to the supply chain and inflation crisis, in about a week the vaccine mandate and subsequent commercial passport means 30,000 cross border truckers are about to get shut down from operating between the United States and Canada.

70% of the 700 billion in trade between Canada and the US is moved by truck. This will have a dramatic effect on supplies and services reaching their destination and getting in the hands of those who need them. One needs to look no further than the recent UK fuel shortage, where the military had to be brought in to deliver fuel as a result of a lack of truck drivers. We are already seeing shortages, if these shortages reach critical levels on items such as fuel, food, blood, medicine or medical supplies, we will see real long-lasting damage.

~ Mike Milliam, President of the Private Motor Truck Council of Canada

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December Jobs Report Shows 199,000 Gains, 400,000 Were Expected

The pundits are just not getting it.  It’s the inflation, stupid.

The Bureau of Labor and Statistics (BLS) released the December jobs report today [DATA HERE] showing 199,000 job gains in December, approximately half of what was expected.  Most financial pundits are perplexed as the employment rate drops to 3.9%, because many people have dropped out of the labor force.  The labor participation rate remains unchanged at 61.9%.

Keep in mind, the November jobs report showed a decline in retail jobs of 29,000, and this report shows that despite November & December being the largest shopping months for holidays, the retail sector jobs were nonexistent.

The issue is what we have discussed here for months, inflation.

The job quits and JOLT turnover reports from last week showed massive numbers of employees quitting their jobs.  In part this is pressure from the vaccine mandate (more on that later).  However, in the majority what we are seeing is employment decisions based on inflation hitting the labor market.

Additionally, the current BLS report does not have the Omicron “winter of death” employment impact within it.  That impact will come in the January report, and it will not be good.  But let’s get down to reconciling December jobs data with reality on the ground.

Inflation is chewing up income amid the workforce.  This is not debatable, and this is reflected in every opinion poll and economic statistic that has surfaced for the past six months.   The BLS report somewhat surprised people in the 0.6% wage gains, and average wage increases are now 4.7% year over year.  That should be a good thing.  However, inflation at 20 to 50+% on energy, fuel, gasoline and food means a 4.7% growth in wages is a pittance.

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Self ImolaTED Cruz Appears with Tucker Carlson in Attempt to Regain Credibility, Fails Miserably

The Texas Senator who has been morphing into a wolf like caricature, left himself naked to his enemies yesterday by his own choosing.   After proclaiming the J6 protestors were “violent terrorists”, the articulating stutterer must have realized he stood on a political landmine.

Ted Cruz quickly appeared on Fox News with Tucker Carlson in an attempt to regain credibility.  It’s interesting that Cruz chose the Tucker Carlson show for the effort, and it’s interesting that Carlson gave him the opportunity.  However, the result was predictable.  You cannot create authenticity where only inauthenticity exists.  If you try, what you end up with is a hole digger that keeps digging.  WATCH:

…”The more he spoke of his honor the faster we counted the spoons.”

 

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