For his weekly monologue today, GBNews host Neil Oliver notes how government officials are now globally focused on stupid personality issues as a distraction from the complete mess they created.  Ironically, I just watched a Canadian parliamentary session yesterday where the most urgent policy for their assembly was ‘menstrual equity.’  Yes, you read that correctly.  It left me with that same bread and circuses thought as outlined by Oliver today.

Political leaders, not just in the U.K., are snipping and snarking at each other over the most ridiculous issues and personality points.  Do we really care about what kind of car the energy secretary drives and the hypocrisy it may represent?  Is there a purpose to the insufferable banality of it?  Indeed, they want us to move along, move past the issues they created with the pandemic nonsense.

They need us to participate in the great new pretense where consequences are inconsequential, discussion is disinformation.  We are to listen to their square dance music and participate gleefully, while pretending our economic barn isn’t burning down around us.  As the flames spread, we are supposed to ignore and forget the gasoline drums the politicians placed in the loft and just keep dancing….  However, most of us normal folk can’t ignore that it’s getting really hot in here.  WATCH:

(TRANSCRIPT) – “We need some grown-ups in the room – and pronto. As things stand in this country, right this moment, we’re being governed by what appear to be outsized school children intent only on picking fights with one another in the playground, calling each other names.

As far as anyone can tell, the party of government and those of the opposition are interested only in themselves and each other. Life in a goldfish bowl has apparently given them five-minute memory spans. Round and round they swim, seeing nothing beyond the glass and having the same tiny fights with their fellow inmates again, and again, and again.

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The first principle in battling against the Alinsky crew is to not to accept their terminology.  Controlling language is a specific tactic of the professional political left.  We used to call it labeling, but modern leftists moved beyond labels into the creation of new definitions.  Modern leftists now use two different strategies depending on their target: (1) create new words, the traditional labeling; and (2) redefine existing words.

In this interview Naomi Wolf is one of the few people I have seen who correctly starts her discussion by dispatching the linguistics and framing her own baseline argument.  All politicians and candidates for office should watch how Wolf responds to the first question from Tucker Carlson, and then makes the better argument.

Wolf doesn’t waste time debating “misinformation”, “disinformation”, or “malinformation”, instead she accurately just says those things do not exist. Information stands undefined. From that position there are truth and lies.  Her approach is exactly correct.  Do not accept the insanity of the Alinsky language effort.  A refreshing and really good interview, WATCH:

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On January 13, 2022, the fraudulent and managed autocrat, the installed occupant of the White House, gave instructions to his fellow travelers in Big Tech, and I quote:

“I make a special appeal to social media companies and media outlets: Please deal with the misinformation and disinformation that’s on your shows.  It has to stop.”   ~ Joe Biden

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Comrades, the deep, long and sullen violins were playing tearfully today as the World War Reddit theatrical performance came heavily to the Pentagon.  Leading narrative engineer John Kirby was captivating in his role as profoundly sullen squire overwhelmed with the magnitude of the moment and the emotion of the struggle in Ukraine.

The Biden production company is attempting to raise another $33 billion for enhanced theater operations in the besieged European country.  Pentagon chournalists are collecting canned goods, including soundbites, to support the war effort; and the Defense Dept is broadcasting the theme to Chariots of Fire across NATO signals.

Meanwhile, emotions throughout Europe are running high as valiant Prince Volodymyr of Donbas assembles his polished armor and directs his trusted steed into the wind.

Yes, today the clouds loomed heavy as Director Kirby narrated his audience while fighting bravely to keep the spirit of Edward R Murrow alive.  The wide-eyed maidens held their collective breath waiting in the mournful stillness of the moment… You could hear a pin drop. WATCH:

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The Bureau of Economic Analysis (BEA) released March and first quarter (Q1) data today on personal income and outlays [DATA HERE].  The results show an increase in Q1 wages of 4.5%. However, inflation is running 6.6% on the items workers need to purchase.  The net result on Main Street is unsustainable inside the economy.  The U.S. stock market is responding negatively to this release.

It’s easy to get caught up in the esoteric weeds, so my effort here is to show just what is happening by putting an overlay of checkbook economics into the BEA release.  If we take out the noise it is very easy to see the problem.  I have modified TABLE-4 to put the results into simple understandable terms.

(Table 4, Source)

By looking at the far-right column (Q1 2022) you can see the problem.  Wage growth at $268.00, minus taxes paid $51.40, leaves disposable income or take-home pay at $216.60.  However, our expenses for living (shelter, food, utilities, energy, etc) cost $398.50, leaving a deficit for our income of $181.90.  We either dip into our savings to cover our expenses, or we go into debt.  This is not sustainable.

If you look at Q1 last year, you can clearly see where all of the inflation is coming from.  That massive increase in income came from the federal COVID bailout and stimulus funds.  $4 trillion directly pumped into the economy at a time when Biden justified massive bailout spending by saying they needed to offset the economic cost of prior COVID intervention (businesses and workers shut down).  That is the primary source of current inflation.

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In his opening monologue tonight, Fox News host Tucker Carlson outlined the latest Dept of Homeland Security agency, the “Disinformation Governance Board,” and the head of the social media control agency, Nina Jankowicz.  WATCH:

BACKGROUND – 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.

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Yes, this actually happened today.  During her press briefing Press Secretary Jen Psaki said the White House doesn’t want to “define what success in Ukraine looks like,” but demands U.S. taxpayers to give them another $33 billion toward it.

A few moments later Psaki admits the money will be spent subsidizing not only Ukraine, but NATO allies who are suffering the results of inflation.

Psaki stated the Biden demand for more money “is not all for Ukraine, it’s also for some of our Eastern European partners and others to help support them during this time as well.”  Wait, now we are paying to subsidize the economy of EU countries while our own economy is contracting?

Seriously, the scale of this hubris is blood boiling.  First, they cannot tell us what success consists of, but give us money anyway.  The first segment to watch happens at 18:15 of the video, WATCH (prompted):

TRANSCRIPT – Q    Against the backdrop of the President’s announcement today and request for this $33 billion aid package, can you say: Is it the policy goal of the United States for Ukraine to defeat Russia? 

MS. PSAKI:  Well, look, it depends on how you — we’re not going to define that from here.  That’s for the Ukra- —

Q    How would you define it?

MS. PSAKI:  Well, that’s for the Ukrainians to define. 

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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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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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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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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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