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Treasury Department Nominee Says Biden Administration Purposefully Wants to Bankrupt Oil, Coal and Gas Companies

Against catastrophic outcomes, we have been pointing out how the people within the Biden administration are not incompetent; they know exactly what they are doing, and they are destroying the U.S. economic system on purpose.  All of their economic damage is by design, it’s a feature – not a flaw.

An example today is so demonstrative of that point, it’s almost a parody. Joe Biden’s nominee for the Office of the Comptroller of the Currency (OCC), a branch of the Treasury Department that polices some 1,125 banks, is a communist ideologue named Saule Omarova. She is directly from communist central casting and literally from Kazakhstan in the former Soviet Union. Ms. Omarova graduated from Moscow State University in 1991, and Joe Biden nominated her for the OCC job in September.

Today, Ms. Omarova is caught on tape saying it is the intent of the Biden administration to use the treasury department to bankrupt oil, coal and natural gas companies. This is what happens often with avowed ideologues; they are so focused on their mission to destroy the U.S., they often just say the stuff out loud. WATCH:

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The FIRST STEP in defending against this onslaught is to stop excusing it by saying they don’t know what they are doing, or any version of the incompetency argument. They know exactly what they are doing.

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Producer Prices Rose 8.6 Percent in October, Massive Inflation Continues With No Signs of Slowing Down

This might be somewhat preaching to the choir, but it’s the only way I know to help Treepers prepare their families according to very visible economic signals happening just over the horizon. Back in August, when we discussed the massive inflation that was climbing straight up, I warned everyone to look behind the finished good prices, into the prices of origination and intermediate goods. {Go Deep}

The “producer price index” is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate and Final. The final product inflation rate in July (reported in August) was alarming at 7.8%. However, we warned of much higher flowing into the supply chain.

Today, The Bureau of Labor and Statistics (BLS) released stunning price data for October [DATA Here], showing a dramatic 8.6% price increase in Final Demand products at the wholesale level.  As expected prices are still going up, and there’s no end in sight, because the raw material inflation is still higher than current.

[BLS] “The Producer Price Index for final demand increased 0.6 percent in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.5 percent in September and 0.7 percent in August. (See table A.) On an unadjusted basis, the final demand index rose 8.6 percent for the 12 months ended in October.”  (more)

I modified Table A (final demand product pricing) taking out some of the noise to make it a little easier to see the big picture of what is happening.

When you see the wholesale level of prices almost double the increase in consumer level inflation rate, you can predict that consumer prices will likely go even higher.  Future finished goods at a retail level will carry the current wholesale price increase.

Stuff costs a lot now… and because the inbound stuff to make the finished goods is still climbing in price…. stuff is about to cost even more.   You can see this in the inflation rate of intermediate goods which I have highlighted below.

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Transportation Secretary – Forget Gas Prices and Supply Chain Chaos, Bridges and Roads are Racist

Last week in an event to promote ‘environmental justice‘, Kamala Harris emphasized the priorities of the Biden administration when she held an event to highlight how trees are racist.  This week Transportation Secretary Pete Buttigieg wanted to promote ‘construction and logistic equity‘ while emphasizing the priorities of the Biden administration, so Buttigieg declared that roads and bridges are racist. WATCH:

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Vaccine Makers Now Studying Why Vaccine Is Causing Heart Problems

The Wall Street Journal is reporting that vaccine makers and U.S. healthcare officials are now attempting to find out why the mRNA vaccines are creating adverse events and heart conditions in healthy people.   Call me crazy, but studying dangerous side-effects would seem to be a more prudent line of inquiry before injecting people, not after.

Wall Street Journal – […] Researchers aren’t certain why the messenger RNA vaccines, one from Pfizer Inc. and partner BioNTech, and the other from Moderna Inc., are likely causing the inflammatory heart conditions myocarditis and pericarditis in a small number of cases.

Some theories center on the type of spike protein that a person makes in response to the mRNA vaccines. The mRNA itself or other components of the vaccines, researchers say, could also be setting off certain inflammatory responses in some people.  One new theory under examination: improper injections of the vaccine directly into a vein, which sends the vaccine to heart muscle.

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Senator Rick Scott Says He Will Support Lisa Murkowski Reelection and Hopes to Work With Democrats in A Republican Majority Senate

Florida Senator Rick Scott appears on Meet the Press with the insufferable Chuck Todd, to answer the DNC questions posed by the toad.   You don’t need to put yourself through the strain of the entire ‘gotcha’-framed Q& A; however, in the first three minutes Senator Scott proclaims he will work and fund the re-election campaign of notorious DeceptiCon Lisa Murkowski.

Senator Scott is in charge of the National Senatorial Republican Committee (NRSC), the organization that collects the donations from the Wall Street machinery.  As a consequence, the NRSC will fund Lisa Murkowski’s reelection campaign despite the base of the party wanting to get rid of her.  WATCH:

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The professionally Republican are annoying.  Thune replaces McConnell. Barrasso replaces Thune, Scott replaces Barrasso.

A pox on their cocktail club, mahogany desk and Corinthian leather wing-back chair lifestyle.  :::spit:::

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Sunday Talks, Incompetent and Ideological Energy Secretary Says You Will Pay Historic Rates For Home Heating, and There is Nothing They Can Do About It

A comprehensively incompetent U.S. Energy Secretary, Jennifer Granholm, has the audacity to say that Biden’s administration has no responsibility for gas prices likely to reach $4/gal, and Americans this year are almost certain to pay historic amounts for home heating oil and natural gas.

Everything in this soundbite from her interview with CNN is stunningly false, manipulative and misleading.   The U.S. has an abundant amount of energy resources, likely more oil than all other OPEC countries combined in Alaska alone.   The issue is a current administration that refuses to extract oil and natural gas because they are purposefully and intentionally intent on destroying the U.S. economy under the guise of climate change.

Granholm admits that gasoline is likely to go beyond $4/gal in the national average, and home heating costs are almost certain to crush Americans this year.  Infuriating to see such willful stupidity go unchallenged.  WATCH:

So what can a U.S. President and administration specifically do?

We have abundant U.S. energy resources.  Quite literally the strongest in the entire world.

  • Permit the use of preexisting approved leases in ANWAR (Alaska) to put more volume into the Alaskan oil pipeline that is severely underutilized.
  • Finish the Dakota access pipeline.
  • Reapprove the preexisting energy leases in New Mexico, Arizona, NE Atlantic and Gulf of Mexico.
  • Retract the stoppage of the Keystone pipeline to permit efficient oil transport shipments from Canada.
  • Stop blocking the expansion of coastal oil refineries in Texas, Louisiana and Alabama (regulatory issue), as well as Northwest, Northeast and Southeast Seaboard.
  • Continue to develop natural gas as a clean burning fuel.
  • Drive Liquefied Natural Gas (LNG) as an export.

 

None of this requires any approval from OPEC.  Strategically, the all of the above approach enhances U.S. national security and diminishes the influence of Russia, China and Iran.  Within six months of the above, gasoline will plummet.

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Critical to Understanding Where Durham is Going, Ratcliffe Highlights The August 2016 White House Discussion – Team Clinton Compromising Team Obama

An interview by Maria Bartiromo this morning highlights one of the dynamics almost invisible to most voices who speak on a granular level about the background of Spygate, and where they believe John Durham is going.   In this interview, former Director of National Intelligence John Ratcliffe outlines the moment in August of 2016 when Team Obama (he uses John Brennan) tells the president what Team Clinton is doing.

To set the correct context to understand the importance of what Ratcliffe is outlining here, it is important to remember that inside the executive branch of government, heading into the 2016 election, the two distinct camps were operating based on their perspective of their individual best interests.  Two distinct camps – Team Clinton and Team Obama.

Watch the interview while paying close attention to the dates and personalities that Ratcliffe is outlining.  I will expand on the background to explain how these issues surface in the investigation of John Durham; where he will go and where he will not go.  WATCH:

To understand the context Ratcliffe is explaining, it is important to go back to the relationship that existed between Barack Obama and Hillary Clinton.  It is from this relationship when things start to fall into place, as the Clinton camp was operating in the year of the 2016 election.  Grab a beverage, this is going to get weedy…

Deep political followers will remember well the 2008 Democrat primary between Hillary Clinton and Barack Obama.  It was a brutal battle within the Democrat Party between radical ideologues (Team Obama) and the entrenched establishment old guard (Team Clinton).

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U.S. Fifth Circuit Court of Appeals Issues Temporary Injunction Blocking OSHA Vaccination Mandate, Administration Must Respond by 5pm Monday November 8th

A three judge panel in the U.S. Court of Appeals for the Fifth Circuit in Louisiana has temporarily blocked the Biden administration OSHA vaccination mandate [Court Ruling Available Here].

A group of states including Louisiana and Texas along with businesses, religious groups and organizations filed their petition on Friday with the court. The Biden administration must reply to the court by 5:00pm Monday thereafter the court will decide if a permanent injunction is warranted.

New York Times – […] At the core of the legal challenge is the question of whether OSHA exceeded its authority in issuing the rule and whether such a mandate would need to be passed by Congress. […] The suit against the mandate stated that President Biden “set the legislative policy” of substantially increasing the number of Americans covered by vaccination requirements, and “then set binding rules enforced with the threat of large fines.”

“That is a quintessential legislative act — and one wholly unrelated to the purpose of OSHA itself, which is protecting workplace safety,” the suit said. “Nowhere in OSHA’s enabling legislation does Congress confer upon it the power to end pandemics.”

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A Note About Modern Fascism

Traditional Fascism was defined as an authoritarian government working hand-in-glove with corporations to achieve totalitarian objectives. A centralized autocratic government headed by a dictatorial leader, using severe economic and social regimentation, and forcible suppression of opposition.

That governmental system didn’t work in the long-term because the underlying principles driving free people rejected government authoritarianism.  Fascist governments collapsed and the corporate beneficiaries were nulled and scorned.  Then along came a new approach to achieve the same objective.

The World Economic Forum (WEF) was created to use the same fundamental associations of government and corporations.  Only this time the corporations organized to tell the governments what to do.  The WEF was organized for multinational corporations to assemble and tell the various governments how to cooperate to achieve control.

Fascism is still the underlying premise, the WEF just flipped the internal dynamic.

The assembly of the massive multinational corporations, banks and finance offices now summon the government leaders to come to their assembly and receive their instructions.  Some have called this corporatism. However, the relationship between government and multinationals is just fascism essentially reversed with the government doing what the corporations tell them to do.

One brutally obvious example: Big Pharma telling governments to promote the vaccine, and figure out the control details later….

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During NASA Visit Kamala Harris Advocates for Rush Song Lyrics to Lead Policy for Environmental Justice

Quite remarkably yesterday, the affirmative action politician known as Kamala Harris advocated for the implementation of a social justice standard based on the lyrics of a 1978 rock song by the band Rush.   Yeah, this actually happened.

With a southern border in crisis, an economy in a state of chaos and massive inflation crushing the American people, Kamala Harris is worried about environmental racism and trees not getting enough social justice.  WATCH:

RUSH – The Trees

“There is unrest in the Forest
There is trouble with the trees
For the Maples want more sunlight
And the Oaks ignore their pleas.

The trouble with the Maples
(And they’re quite convinced they’re right)
They say the Oaks are just too lofty
And they grab up all the light
But the Oaks can’t help their feelings
If they like the way they’re made
And they wonder why the Maples
Can’t be happy in their shade?

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