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The Great Economic Pretending Has Become Absurd, WSJ Economists Ignore Current Reality and Ponder Possibility of Recession in 2023

I do not know how to describe this with the Through The Looking Glass absurdity it deserves.

The ability of financial media and national economists to suspend accepting current reality, while making claims about the possibilities for next year, is ridiculous. Ask me why this era of great economic pretending is underway, and I have no answer. The intellectual dishonesty is beyond my comprehension.

The first and second quarters of the U.S. economy showed negative Gross Domestic Product valuations (GDP). We just finished the third quarter (July, Aug, Sept) and the likelihood of another negative GDP is high. Production is down, demand is down, consumer spending is down, inventories are climbing, and the economy is contracting. We are in a literal, technical and structural recession. Considering the Q1 and Q2 outcomes, we have been in a recession all year.

The Wall Street Journal publishes an article citing several notable economists who are putting the likelihood of a 2023 recession at 63%.

(WSJ) – […] On average, economists put the probability of a recession in the next 12 months at 63%, up from 49% in July’s survey. It is the first time the survey pegged the probability above 50% since July 2020, in the wake of the last short but sharp recession.

Their forecasts for 2023 are increasingly gloomy. Economists now expect gross domestic product to contract in the first two quarters of the year, a downgrade from the last quarterly survey, whereby they penciled in mild growth.

[…] Forecasters have ratcheted up their expectations for a recession because they increasingly doubt the Fed can keep raising rates to cool inflation without inducing higher unemployment and an economic downturn. Some 58.9% of economists said they think the Fed will raise interest rates too much and cause unnecessary economic weakness, up from 45.6% in July. (read more)

They are analyzing a pending recession in 2023 without even admitting we are in a recession right now. AT THIS VERY MOMENT.  We have two consecutive negative quarters of economic growth behind us (another Q3 result pending), and these economists are discussing a recession “next year“?

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Sunday Talks, Arizona Candidate Kari Lake -vs- CNN Dana Bash

John King’s ex wife on CNN, narrative engineer Dana Bash, was well prepared to target Arizona gubernatorial candidate Kari Lake on Sunday.  However, with a solid foundation grounded in pragmatic common sense, Mrs Lake eviscerated the effort of Ms. Bash.   Kari Lake continues to impress.

Dana Bash began the interview with a constructed strawman argument about how Kari Lake as governor would address the Joe Biden inflation crisis.  Kari Lake swatted the issue away with a strong policy position to eliminate state rental tax and taxes on groceries in Arizona.  Bash didn’t expect it, and never quite recovered. WATCH: 

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“The Force for Change,” The Use of Twitter During the Arab Spring as a Technological Beta Test for U.S. Intelligence Control of Public Opinion and Elections

This is very weedy but also very interesting to me, perhaps you.  Completely unrelated to my own years of research into “Jack’s Magic Coffee Shop,” aka Twitter, and the intelligence community use of the platform to shape public opinion, another research group has looked at the tentacles & data points and come to the exact same conclusion.

For years CTH has outlined how the Obama administration leveraged social media networks as part of a larger objective to shape public opinion, ultimately leading to the shaping of U.S. elections.

It’s a long arc of modern assembly, but the bottom line reached by EDIFY, an independent research group, is that the ‘Arab Spring’ was the beta test for deploying the same system to shape U.S. elections.

Remarkably, that is the exact same conclusion reached by CTH several years ago as highlighted in the story of how Obama shifted the mission of new agencies (ODNI, DHS, DOJ-NSD) and assembled the fourth branch of government.

Writing in his Substack [SEE HERE], Dr Robert Malone draws attention to the EDIFY research.

EDIFY – […] “”At the time, Egyptians and Tunisians were rising up, facilitated by technology, in what the media dubbed a Twitter Revolution. “It was a no-brainer for me, because I wanted to be part of a company that was really dramatically changing the world,” Gadde says. She credits her boss at Juniper, General Counsel Mitchell Gaynor, for being supportive.”   – NYU Law Magazine [1] 

What are the chances that then President Obama did nothing to promote and ensure success for the Arab Spring because its true purpose was to serve as a beta-test for the use of the Twitter platform in future censorship and color revolution applications in the U.S.?

The application of Occam’s reveals that this is likely the case and Vadde’s testimony here is evidence suggestive of this position.

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Russell Brand Discusses the Common Sense and Pragmatism of Trump on Subject of Ukraine

It appears our friend Neil Oliver has the week off. So, we will visit another, albeit saltier, U.K. voice who is also grounded in pragmatic common sense.  Russell Brand recently discussed how “President Trump is Right” about the issues around the Ukraine war and the conflict with Russia.

Mr. Brand notes a few bold nuances that are mostly lost in the media conversation and uses his sarcastic humor to point out the current reality. WATCH:

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President Donald Trump LIVE: Save America Rally in Minden, NV

Livestream begins at 2:00 3:00 pm ET.

President Trump is scheduled to speak at 10:00 pm ET.

Alternate Stream Links: Newsmax, RSBNetwork.tv, Fox Nation

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Tucker Carlson Exclusive With Kanye West – Full Interview – Part 2

Tucker  had originally scheduled a 30 min. interviewed with Kanye West, however, it quickly morphed into a 2 hr. interview.  Here is the second hour of that interview.

https://www.youtube.com/watch?v=egxmuqF1fTM&t=6s

Tucker Carlson Exclusive With Kanye West – “The majority of the media has a godless agenda.”

Rapper Kanye West joins Tucker Carlson Tonight and discusses blowback over the controversial shirt, his father, and the history of racial discrimination in America.

https://www.youtube.com/watch?v=zGKrtPOX9zY

President Trump MAGA Rally, Wilmington, North Carolina – 7:00pm ET Livestream

Tonight President Donald J Trump is holding a Save America Rally in Wilmington, North Carolina.  The venue is the Aero Center at Wilmington International Airport and President Trump is scheduled to deliver remarks at 7:00pm ET.

President Trump, is traveling to North Carolina to support Ted Budd, Republican Nominee for U.S. Senate from North Carolina, and the entire North Carolina republican ticket.  Rumble livestream Links Below.

RSBN Rumble Livestream – Trump Campaign Rumble Livestream – Alternate Rumble livestream

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President Trump Discusses the Mar-a-Lago Raid with Sean Hannity

On August 8, 2022, the FBI conducted a raid on President Trump’s home in Mar-a-Lago.  Tonight, Sean Hannity invited President Trump on to his television show so the former President could listen to him talk about it. WATCH:

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President Trump also discussed the New York AG civil lawsuit against him and his family.

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Citing the Need to Defer to National Security Claims of DOJ, 11th Circuit Court Grants Motion for Stay Over Florida Judge Ruling in Mar-a-Lago Document Case, Special Master Blocked from Reviewing Classified Documents

The 11th Circuit Court of Appeals has ruled in favor of the U.S. Dept of Justice, National Security Division, and blocked the lower court order instructing the Special Master to review the DOJ claimed, “classified documents.” [pdf Ruling Here]

Essentially the order of the appellate court is based on the DOJ calling the material “classified” and “vital to national security”, and the court’s determination they have no authority to question the decision of the executive branch when it comes to matters of national security.

The court (judicial branch) openly states they defer to the DOJ (executive branch) as to any/all claims of harm to national security that may be caused by a review of documents the DOJ-NSD determine, on their own authority, to be identified as classified (sensitive, secret or top-secret).

Therefore, if the DOJ states sharing the “classified documents” with a special master may harm national security, the court must accept that position without challenge.

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