Earlier today Republican Congressman Matt Gaetz (FL) appeared with Charlie Kirk to discuss the changes in tactics and approach within the GOP controlled House. {Direct Rumble Link – Full}
Within the interview Gaetz states that Kevin McCarthy will support the full release of information that has been hidden by the J6 committee. “Kevin McCarthy told us he’s going to get the evidence out in front of the American people, and that means releasing the 14,000 hours of tapes that have been hidden that I think would give more full context to that day, rather than the cherry-picked moments that the January 6th committee tried to use to inflame and further divide our country,” he said. WATCH:
Full Interview Below, which I strongly recommend. In the full interview Matt Gaetz goes into the deep weeds of the House rules changes. It surely seems like this young man has matured in Congress to be a very deliberate force with specific understanding of strategy. Listen to the first 7 minutes of the video below and you will see what I mean.
As anticipated, The House of Representatives now under Republican control, has established a subcommittee to review the “weaponization of the federal government.” [Media Report]
The subcommittee of the Judiciary Committee will have the power to investigate any part of the federal government for targeting and wrongdoing against American citizens – the Justice Department and FBI, in particular.
In the debate to establish the committee, Representative Dan Bishop (R-North Carolina) delivered powerful remarks from the floor. WATCH:
In the final days of the Obama and Biden administration, in mid-January of 2017, Joe Biden visited Ukraine and the people in/around the government were perplexed about the actual intent of the visit. Why was it important for Joe Biden to visit Ukraine in the last week of the Obama administration? [Source]
Keep in mind that CNN receives information from the State Department. The Dept of State and CNN have a collaborative relationship; so, when CNN receives “exclusive information” from “exclusive sources”, and the issues generally pertain to foreign affairs, we can be generally confident the information comes from the State Dept.
Apparently, according to CNN sources, the classified documents that Joe Biden took with him from the Obama administration, pertain to U.S. government affairs related to Ukraine, Iran and the United Kingdom.
The timing here is genuinely ridiculous. It’s as if the federal government, specifically the U.S. Consumer Product Safety Commission, led by… Richard Trumka Jr (yes, that guy’s son)… doesn’t think or care that we can see the real issue is to change energy uses.
Now that Russia has been isolated from natural gas sales, the European Union needs the supply of all other natural gas markets in order to keep itself from freezing to death. Simultaneously, natural gas as an energy resource is now bad, terrible like oil and coal, amid the climate change cult.
So, they need to change the narrative and stop people from using natural gas appliances.
Suddenly, after generations of natural gas appliances existing in almost half of the kitchens, suddenly the appliances are toxic, dangerous and likely to require a ban against use.
(Bloomberg) – A federal agency says a ban on gas stoves is on the table amid rising concern about harmful indoor air pollutants emitted by the appliances.
The US Consumer Product Safety Commission plans to take action to address the pollution, which can cause health and respiratory problems. “This is a hidden hazard,” Richard Trumka Jr., an agency commissioner, said in an interview. “Any option is on the table. Products that can’t be made safe can be banned.”
The Washington Post speaks for the CIA, IC and DNI. The New York Times and Politico speak for the FBI, DOJ-NSD and DHS concerns, while CNN is the representative voice of the U.S. State Dept. These are the constants in the ever-changing world of narrative engineering. Never forget them.
As a direct result of the concerns expressed within a New York Times article, it’s abundantly clear the FBI and DOJ-NSD are worried about the new House Subcommittee on Federal Weaponization of Government. Specifically, the concern of the DOJ/FBI is the potential for the committee to start looking behind the curtain at the activity and intents of the special counsel operation.
(New York Times) – […] The resolution appears to give him authority to subpoena the Justice Department for information about the special counsel inquiry into Mr. Trump’s attempts to overturn the 2020 election and his handling of classified documents, along with other politically charged matters like an open tax investigation into President Biden’s son, Hunter Biden.
The text of the resolution would also grant Mr. Jordan’s panel the power to receive the same highly classified information that intelligence agencies make available to their oversight committee, the House Permanent Select Committee on Intelligence.
The Bureau of Labor and Statistics (BLS) released the December jobs report today [DATA HERE] showing 223,000 jobs gained in December ’22.
Most of the job growth was in the “leisure and hospitality” sector (+67,000), healthcare (+55,000), construction (+28,000) and social assistance (+20,000). Additionally, average hourly earnings rose by 0.3%, with a year-over-year measure of wage growth at 4.6%.
At this point in the history of our economic pretending game, we are well aware the employment numbers are heavily manipulated in order to support the government policymaking that is destroying the same workforce they claim to represent. It’s all a ruse, just look around your community and you will see what I am talking about.
The financial pundits, Wall Street, government policy makers and various individuals and economic gaslighters are concerned that worker wage growth could drive inflation. This is one of the most aggravating aspects to reviewing the majority of economic punditry. [Example:]
This knuckleheaded narrative engineer from the New York Times/Atlantic even has the audacity to say, “let prices continue to fall to target,” as if there is a single item at any price that is dropping. His spin is a good example of gaslighting just from the use of the statement “price inflation is falling back towards where we want it.”
Price inflation is not price. ‘Price inflation’ is the rate of increase. There’s a BIG DIFFERENCE between “inflation falling back” and prices dropping. Inflation falling back is merely a lessening of the rate of price increase. The price does not drop, and never will.
This reality is why it is infuriating to see government policymakers and pundits decry wage growth as a bad thing that might cause inflation.
That slow grinding creak you hear in the background; that’s the U.S. economic engine running without oil and beginning that slowdown phase just before it stutters and stalls completely. Alas, the pretending continues…
As noted by the Wall Street Journal, an economic gaslighting institution with a central mission to maintain pretenses, “business surveys show U.S. factory activity declined in December, the Institute for Supply Management and S&P Global both said this week. Separately, S&P Global said Thursday that U.S. services-sector businesses reported a decline in output for the third month running in December.” This comes as “U.S. imports dropped more, by 6.4% on the month, as Americans cut back on holiday-related purchases, including items from other countries such as computers and autos.”
Keep in mind, November retail sales—which included consumer spending at stores, online and at restaurants—fell 0.6% from the prior month for their biggest decline of 2022, according to the Commerce Department. Manufacturing output declined in November as well, the Fed reported, while U.S. home sales fell for a record 10th straight month.
Into this mix of economic metrics, driven by a collapse in disposable consumer income and high energy prices, now we begin to see the number one business expense being curtailed.
(Market Watch) […] Amazon.com Inc layoffs will affect more than 18,000 employees, the highest reduction tally revealed in the past year at a major technology company as the industry pares back amid economic uncertainty.
Abraham Lincoln once said, “No man has a good enough memory to make him a successful liar.” Lincoln somewhat underestimated the Mike Morell types of the world, who have become liars as a profession. {Direct Rumble Link}
Mike Morell was the former acting CIA director in the aftermath of Benghazi when General David Petraeus was removed from the position. Morell is a Clinton crony who not only constructed the infamously fabricated talking points used by Susan Rice to blame the Benghazi attack on a YouTube video, Morell was also the guy moved into position to protect Clinton in the aftermath of the terrorist attack, and then years later in July 2016 the same Mike Morell penned the first Trump-Russia thesis in the New York Times.
After successfully doing his job to protect Clinton in the aftermath of Benghazi, Mike Morell was hired by CBS President David Rhodes. Obama’s Deputy National Security Advisor Ben Rhodes is David’s brother. Mike Morell now continues to work for CBS and today he declared a likelihood that a “U.S. or western interest” is likely to be attacked by an al-Qaeda affiliate in 2023.
The New Year brings a look of forward-looking economic perspectives from major financial institutions. Unfortunately, if the perspective of Bank of America Chief Economist Michael Gapen is reflective of the larger institutional analysis, the financial pretending is anticipated to continue.
[Side Note: Notice how they will all start talking about ‘deglobalization’ in 2023. There’s a reason for that that I will touch on in the IMF interview to follow]
Appearing on Face the Nation Gapen accurately indicates the U.S. housing market is already in a steep economic recession, housing prices falling rapidly with a considerable amount of distance to go (-30% range), and the overall housing market will likely be in this situation for around two years. On a macro level the Bank of America indicators line up with the general housing trajectory. From a lending standpoint, Gapen would have specific insight.
Beyond the housing sector, Mr. Gapen starts to get sketchy. He anticipates inflation taking 24 to 36 months to lower to the norm 2% range. That is generally in line with CTH expectations; however, nowhere in the analysis does Gapen even mention energy costs and the overall impact to the economy from energy policy. You will note this absence will be present in almost all financial punditries. Mentioning “energy policy’ as a cause of economic pain is a third rail amid his peer group; it is simply not permitted.
Astute readers will note the great financial and economic pretending that surrounds the Build Back Better and Green New Deal climate change agenda will not be discussed by anyone, ever. The massive price impacts, the supply side inflation pressures, are baked into the western global economic outlooks. It is strictly verboten to talk about climate change policy being stopped, modified, reversed or even, well, gasp, removed. WATCH:
[TRANSCRIPT] – […] BANK OF AMERICA CHIEF ECONOMIST MICHAEL GAPEN: Happy New Year as well. Thank you for having me on.
MARGARET BRENNAN: You know, a majority of voters polled by The Wall Street Journal say that the economy is going to look and feel worse in 2023. What is your forecast?
GAPEN: So I think that’s probably true. I think we’re in a situation where the risk of recession is high, may not be a deep and prolonged one. But we’re in a situation where the economy has recovered very rapidly from- from COVID, and it’s come with a lot of inflation. And the Federal Reserve is trying to slow down the economy, to bring inflation down. And in the past, more often than not, that’s coincided with some sort of recession in the US economy and the U.S. labor market. It’s not baked in. It’s not for certain. We may be able to avoid it, but I would agree that the outlook by most people who sit in the position that I do think 2023 could be a difficult year for the U.S..
MARGARET BRENNAN: So we may be able to avoid recession?
If 2022 was not the apex year for the era of great pretending, then we remain sitting in a handbasket – destination, full speed ahead.
When asked for the topic of a ‘big picture‘ podcast this 2022-year ending, the obvious answer from me was We Need to Quit Pretending.
For the past two years I can only encapsulate the entire social, political and socioeconomic dynamic that surrounds us by saying we are living in an era of great pretending. Why? Because nothing else adequately explains it.
A recession is no longer two negative quarters of economic growth. Elections are no longer defined by votes cast, but by ballots counted. Meanwhile, women are claimed to have penises and people will argue -strenuously and with commitment- that men can give birth to babies.
Simultaneously, vaccines are no longer about medicines to avoid viruses, and Americans have some moral obligation to fund the administrative salaries, pensions and expense accounts for a nation of European politicians, in a country that few taxpayers could find on a map.
We must pretend the occupant of the oval office is not a dementia patient, at the same time we must pretend the Dept of Homeland Security and FBI is not telling online speech platforms that identifying the dementia patient, as a dementia patient, means you are a domestic violent extremist. The absurdity of the pretenses are off-the-charts.
However, on the upside, we now see even blissfully ignorant people starting to realize something is wrong when their electricity and heating bills quadruple, while the same system of governmental caretakers are telling us to embrace a new earth friendly normal of $12 dollar eggs. We been knew, but more are now knowing – thank God.