SIDE NOTE: The Durham Report is 306 pages with footnotes and citations, combined with a 48-page *classified appendix* that will be available to House and Senate intelligence committee representatives who would request review.   Keep in mind – unfortunately because the classified appendix is attached with the same rules and regulations as attached to the FISC silo, we should anticipate the classified appendix to be reviewed by those with an interest in keeping the information within it hidden from public review.  I will have more on my review of the report shortly.

“We note that the Classified Appendix contains some information that is derived from Foreign Intelligence Surveillance Act (“FISA”) authorities. Accordingly, to the extent the Department determines that it is appropriate to share information contained in the Classified Appendix with congressional or other government entities outside of the Department, steps will need to be taken in accordance with that Act and any relevant Orders that have been issued by the Foreign Intelligence Surveillance Court.” {link}

Devin Nunes appears with Mari Bartiromo to discuss his perspective on the big picture issues within the Durham report. {Direct Rumble Link} – WATCH:

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Florida Congressional Representative Byron Donalds appears on Chuck Todd’s Meet the Press Sunday to debate the current debt ceiling negotiations and push back against the popular corporate media narrative.  Todd represents the unsufferable leftist side of the political theater, maintaining current political pretenses and acting as a guardian for the nonsense.

Todd’s talking points around the debt ceiling are weak and ridiculous.  Biden presents no budget, congress advances no budget, and the theater of pretending continues.  Donalds does a good job in general terms, but really the starting point to tear down the theatrics would be best if the first statement from a political voice would be to ask Todd why he is so dependent on the notes.  ‘Get rid of your notes Chuck, and let’s talk reality’, would be a better framing. Always put the engineers on defense.

When the conversation moves to DeSantis -vs- Trump [07:28], the part of the theater most comfortably advanced by the praetorian guards, Donalds puts the bigger picture of crisis and global security into context. WATCH:

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For his weekend monologue, British pundit Neil Oliver turns his attention back toward the climate change agenda and the subsequent fear narrative as it is being promoted.  Oliver notes we are approaching a moment when the truthfulness of the climate change debate needs a full and public confrontation.  Either there is truth, or the foundation of the claims are built upon lies.

Oliver has discussed this topic before; however, when contrast against the collapse in trust based on conduct during the pandemic, and when overlaid against the wholesale collapse in trust toward almost all government institutions, perhaps now really is the best time to confront the fraud known as “climate change.”

Does the climate change? Of course, it does. In the short term that’s known as weather and in the longer term, a term much longer than human’s ability to influence it, climate change is why glaciers melted, mountains formed and the topography for a state like Florida rose from under the Gulf of Mexico as water levels declined.  The climate change agenda really isn’t about climate change; in the final analysis, the modern climate change agenda is all about ‘control.’  WATCH:

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The Climate Change agenda is the necessary entry narrative for control mechanisms like carbon trading economics and digital currencies.  At the end of the continuum, we find that control over people is the goal of the people pushing the fraudulent narrative.   The agenda is their holy grail along their road to serfdom.

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This is not a photoshop.   This is the United States Senate in 2023, as they intentionally present themselves publicly to the American people.

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The FBI did not weaponize itself.  The weaponization of the institution was done by people; the same people that John Durham did not indict for weaponizing it.

The same applies to the DHS, ODNI, DOJ, DOJ-NSD and SSCI.  These institutions did not weaponize themselves; they were weaponized by the people within them.

This is the core reality behind the missing part of the John Durham report, no proposed change in policy or institutional systems.  Why? Because the policies and systems are not the issue; it was the intent of the people within it – those who weaponized it.  Here’s the kicker. Those people are still in place – that’s why the weaponization continues.

It doesn’t do us any good to rewrite the same articles repeatedly to emphasize the same point.

WE MUST GET THIS INFORMATION INTO THE BLOODSTREAM OF THE LARGER AMERICAN ELECTORATE.

Here’s the cited evidence.

Former FBI Director James Comey openly admitted to Congress on March 20, 2017, how the FBI, FBI Counterintelligence Division, DOJ and DOJ-National Security Division, together with the Office of the Director of National Intelligence (ODNI) and the CIA, had been conducting independent rogue investigations of Donald Trump for over a year without informing Congress [the Gang of Eight]. When asked the question, Comey winced, then justified the lack of informing Go8 oversight by saying, “um, because of the sensitivity of the matter?”

Stupidly, Congress never pressed James Comey on that issue. The arrogance of Comey was astounding, and the acceptance by Congress was infuriating. However, that specific example highlighted just how politically corrupt the system had become. In essence, Team Obama usurped the entire design of congressional oversight…. and Congress just brushed it off.

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Lee Smith is one of a very select DC journalists and authors who appropriately understands the full context of each aspect he discusses.  During an interview with Steve Bannon {Direct Rumble Link Here}, Lee Smith puts the focus of the Durham silo directly on the shoulders of Bill Barr.  Smith is 100% correct. WATCH:

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Homeowner equity is being erased. As higher interest rates continue to put pressure on borrowers, the ability of the average person to afford a mortgage diminishes.  Higher mortgage rates lead to downward pressure on residential home values as fewer borrowers can afford higher payments.  Simultaneously, commercial real estate is dropping in value as vacancies continue increasing.

Put both of these issues together and already tenuous banks holding mortgage bonds as assets can become more unstable.

This dynamic creates the continual tremors in the background of an economy already suffering from high inflation and low consumer purchasing of durable goods.

A perfect storm starts to realize.

(Wall Street Journal) – Sales of previously owned homes fell in April from the prior month and prices declined from a year earlier by the most in more than 11 years.

U.S. existing home sales, which make up most of the housing market, fell 3.4% in April from the prior month to a seasonally adjusted annual rate of 4.28 million, the National Association of Realtors said Thursday. April sales fell 23.2% from a year earlier.

The national median existing-home price fell 1.7% in April from a year earlier to $388,800, the biggest year-over-year price decline since January 2012, NAR said. Median prices, which aren’t seasonally adjusted, were down 6% from a record $413,800 in June. Home prices have fallen the most in the western half of the U.S., while prices continue to rise from a year earlier in many eastern markets. (read more) 

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Those of you who are keen financially minded individuals will note exactly what is happening in these recent reports, HOME DEPT HERE – TARGET HERE.  Those of you who are retail investors in the stock market might also see the bigger picture.

Home Depot and Target essentially share the same customer base or market audience. They service a larger segment of the American middle class.  Both companies are reporting negative financial outcomes as a result of low comparable sales, or same store sales comparisons, to last year.   This should not be a surprise, yet Wall Street is seemingly caught off guard.

Right now, we are on the tail end of the massive inflation cycle that took place in 2021 through 2022.  Current inflation, as measured by the rate of price increase over the same period last year, is lower.

Now we are starting to see companies reporting sales comparable without the benefit of massive inflation to assist.

Example – when inflation is running at 10%, a company can report 8% sales growth, and everyone smiles.  However, the sales growth was created by the inflation.  The actual unit sales of goods have declined; the store is reporting higher sales because the prices are higher.  When the sales cycle through to lower inflationary comparisons, the drop in unit sales shows up as drops in topline sales.   This is the cause of both Target and Home Depot now reporting lower than expected comparable sales versus last year.

In real terms, this is why using sales data as a measure of economic growth is less valuable during periods of high inflation.  Significant inflation hides the diminished sales of units, which should be the true measure of sales growth.  I have been tracking unit sales as a measure of economic activity, and the truth is that unit sales have been declining since the fourth quarter of 2021.

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Perhaps it’s the Ron DeSantis national pretending 2024 campaign driven by a “book tour.”  Perhaps it’s the international travel that distracts a sitting governor from supporting a Republican candidate in the largest geographic metropolitan area in the state.  Whatever the reason, the Jacksonville Florida mayoral contest was won by a Democrat, Donna Deegan.

I have warned, against some of the most vitriolic pushback, that Florida Governor Ron DeSantis is setting up the state of Florida for some major problems in the future. There are lots of granular points that I can reference, but the bigger picture they create is one that will be very damaging in the future.  The class division in Florida, the distance between the haves and have-nots, is growing exponentially.

Lower and middle-income Floridians are being crushed as the ‘Instagram selfie-my-lunch’ crowd, the largest coalition of support for Ron DeSantis, ignores it.

Believe me on this, DeSantis Republicans representing the financially elite and being condescendingly dismissive of the non-elite, is not a path to future Republican electoral victory.  From my perspective the backlash is visible. It only takes a few thousand voters staying home in protest to make a difference.

Those same enforcement police, newly empowered with tools against ANTIFA woke protests, will hold those same tools when it’s Joe the plumber protesting his economic status.

JACKSONVILLE – Democrat Donna Deegan won the Jacksonville mayor’s race Tuesday night, a shocking upset that hands Florida Democrats a major shot of energy less than six months after they were trounced in the 2022 midterms and considered left for dead by the national party.

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Paul Sperry at RealClearPolitics has an article today citing one part of the Durham report that deserves a little CTH attention.

I hope you will forgive my indulgent snickers, as the graphic you see below was created by me in early 2018, a full five years before the release of this Durham report.  I even referred to the Steele Dossier as the Nellie Ohr Dossier. lol

As noted by Sperry, “According to the 306-page report, former Justice Department prosecutor Bruce Ohr’s wife Nellie Ohr first plowed the ground for the dossier with a series of research reports she wrote for Fusion GPS, the D.C.-based opposition research firm the Clinton campaign commissioned to dig up dirt on Trump and Russia.”

[…] Durham suggests Nellie Ohr planted the seeds of sourcing for the most explosive allegations leveled by the dossier against Trump, including the oft-cited notion that he and his campaign were engaged in a “well-developed conspiracy of cooperation” with the Kremlin. The dossier attributed this, falsely, to Millian. Durham found that the Belarusian-American realtor was never a source for the dossier and was simply invented as one, along with the allegations attributed to him.

In fact, Durham says that Millian initially wasn’t even on the radar of Steele and his dossier “collector” Igor Danchenko, a former Brookings Institution analyst who’s admitted much of the information he provided Steele was alcohol-lubricated gossip. Millian was called to their attention by Nellie Ohr, who the prosecutor said “implicated” Millian through her own reports. Durham suggests Steele and Danchenko merely followed her leads. 

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