We must always keep focus on the context for information that comes from the U.S. State Dept and the Central Intelligence Agency to the media.  Yesterday, as Joe Biden was en route to the G7 summit in the Bavarian Alps, the New York Times published an article saying the CIA and Pentagon special forces are organizing and conducting the NATO war effort from a secret operation center in Kyiv.

Some viewed the article as the NYT violating operational security for the U.S. led effort. However, that perspective belies the nature of how the media is used in war by Dept of State and intelligence officials.  The details of the Times article are attributed to “three U.S. officials,” and should be looked upon as purposeful.

In addition to the timing of Biden headed to the G7, the admission of CIA officials conducting the war effort from inside Ukraine, comes as NATO partner country Lithuania informs Russia that prior transit treaties to the Russian enclave of Kaliningrad will not be honored.  NATO is poking and provoking a response from Russia, the Times article is part of this effort.

New York Times – … [E]ven as the Biden administration has declared it will not deploy American troops to Ukraine, some C.I.A. personnel have continued to operate in the country secretly, mostly in the capital, Kyiv, directing much of the vast amounts of intelligence the United States is sharing with Ukrainian forces, according to current and former officials.

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For those not paying close attention, the G7 is in serious trouble right now.  The G7 includes the United States, the United Kingdom, Canada, France, Italy, Japan and Germany.  The EU and Japan are on the verge of a central bank financial crisis.  Germany is the heart of the EU and their economy is FUBAR as a result of sanctions against Russia, their energy dependence and an internal inflation rate exceeding 30%.

The G7 spending response to the COVID pandemic, a collective decision outlined by the World Economic Forum and central bank organizers, has created a massive inflation crisis amid all attached economies.  Making matters worse the Build Back Better agenda promoting climate friendly energy policy over fossil fuels is pouring gasoline on the raging inferno of economic disruption.

The EU and Japanese central banks are tenuous at best, and the U.S. has seemingly positioned Europe and Asia for even further economic pain as a result of sanctions against Russia (EU) and a contracting U.S. economy impacting Asia.  The intentional global cleaving is not working out too well as the G7 leaders assemble for their summit in the Bavarian Alps.   This is the backdrop for German Chancellor Olaf Scholz.  In essence, the G7 climate policy cannot be sustained simultaneously with the German economy surviving:

GERMANY –  German Chancellor Olaf Scholz has said he wants to put soaring inflation, the energy crisis and climate change at the center of the agenda when he meets fellow G7 leaders at Schloss Elmau in the Bavarian Alps.  

Germany, which holds this year’s G7 rotating presidency, is hosting the gathering of the heads of state and government of the world’s seven leading industrialized nations from Sunday through Tuesday.

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All things considered, a remarkably honest article from CNBC outlines the likelihood for a wave of retail bankruptcies.   In part the issue is driven by COVID bailout and stimulus funds that inflated the balance sheets and hid the natural contraction that was taking place in the last half of 2021 through today.  However, bar far the biggest issue is a contraction in current consumer spending due to severe cost increases in housing, food, fuel and energy.

As we have discussed at length, consumer spending patterns shifted radically in the last year.

Despite the 2021 third and fourth quarter giving the artificial impression of strong demand, inventories were climbing and productivity in the manufacturing and services dropped dramatically.   In combination these two data points both indicated a contraction in demand.

The first quarter of 2022 showed a -1.5% overall GDP.  The second quarter ends next week, and the government data will be released in the last week of July.  I predict that Q2 data will be heavily manipulated in two ways: (1) manipulation of import data via the Ports of Long Beach and Los Angeles; and (2) the intentional use of a lower inflation rate than currently exists in all goods.   My best guess on the fake BEA numbers is a +0.2 to +0.5% positive GDP, thereby barely avoiding the technical definition of a recession.

That said, the CNBC article outlines a very bad scenario for retailers, as the consumer spending contraction hits their profit and loss statements.

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Yesterday we noted one of the likely downstream consequences from the Supreme Court decision on Roe might be that increased federalism and state control over abortion laws would lead to national ‘red lining.’  Essentially, leftists would avoid red state abortion restrictions and self-isolate in deepening blue regions where abortion is more common and accessible.

Within hours of that prediction, Google Inc sent an internal memo to employees offering to pay relocation assistance for any worker who would want to leave an area where abortion is likely to be restricted.

VIA NBC –  Google sent a companywide email Friday about the historic Supreme Court ruling overturning Roe v. Wade, explaining employees in affected states can apply for relocation without explaining why.

“This is a profound change for the country that deeply effects so many of us, especially women,” wrote Google Chief People officer Fiona Cicconi in an email to workers, viewed by CNBC. “Googlers can also apply for relocation without justification, and those overseeing this process will be aware of the situation.”

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In this week’s discussion monologue, Neil Oliver outlines a recent push by U.S. and U.K. authorities to vaccinate children under 5-years of age.   Despite almost zero risk to their health from COVID-19 or any variant, in the U.S. the FDA has recently approved vaccinations for babies 6-months and older.

Mr. Oliver notes the risk vs- reward in this health protocol is ridiculous on its face.  There is no substantive risk from COVID19 to any healthy child or young adult, yet the government institutions of healthcare are seemingly blind to the medical evidence.   Oliver says, “leave our kids alone,” WATCH:

[Transcript] – In the USA they are jabbing babies with the COVID vaccine, six months old and upward.  Here in Britain the NHS has been targeting children at primary school – five to 11 years old – with posters and letters depicting those youngsters who submit to the procedure as ‘Superheroes’.

Smiling cartoon characters, children in superhero outfits, surely designed to persuade children as young as five years old that they might join the ranks of superheroes if they will just line up and bare an arm to the needle.

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This brief soundbite from last week is somewhat of a precursor to the points raised by Neil Oliver this week.  The financial interests of the Big Rx corporations are directly tied to government.  This is the origin of the biggest issue behind government mandating the forced vaccination program for SARS-CoV-2 and any COVID-19 variant.

The adverse medical consequences from the COVID-19 vaccination program are only just now starting to surface while the government and Rx corporations continue to hide data showing adverse impacts.  At the same time as this massive conflict of interest and general health controversy is being debated, Pfizer CEO Albert Poula says he is “almost certain” that mandatory vaccine boosters will be part of the requirement by government each year.  WATCH (1 minute):

There is something very disturbing about these people.

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Quite a remarkably telling situation when the foreign leaders of France and Canada begin to think they have some political responsibility to deliver their opinions on decisions within the United States government.

Yes, their pronouncements are fraught with stupidity considering their own national laws on abortion were/are much more stringent than the United States, but that belies the point of their insufferable arrogance.  The globalist outlook is structured around their own sense of importance.

The protestations from Macron are particularly ridiculous since France has a legal limit of 14 weeks for abortion [LINK].

Canadian Prime Minister Justin Trudeau, the same man who forced all women in Canada to undergo a vaccine requirement or remove themselves from society, took the hypocrisy of his own “women’s health” policy one step further than Macron.

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The same representative who advocated for violence against President Trump cabinet members, appeared in front of the Supreme Court today to advocate for defiance against the constitutional limitations on government power.

Maxine Waters (California CD-43) represents the outlook of the radical leftists in her emotional reaction to the Supreme Court ruling that lets states decide what laws should be in place to limit the killing of unborn babies.   Ms Waters specifically cited and called for the defiance of “black women” in opposition to the ruling.  Her proclamations make evil and twisted sense from the perspective of the abortion industry, as unborn black babies are disproportionately killed by abortion providers.  WATCH:

The Centers for Disease Control and Prevention (CDC) documented in its Abortion Surveillance report for 2015 – released on Nov. 23, 2018 – that while black Americans comprise 13.4% of the U.S. population, they accounted for 36.0% of the abortions in 2015.  Black women have three times the rate of abortion as white women, and that higher abortion rate is consistent even after you filter the control data to remove income from the issue {link}.

The number one customer for abortion services are young pregnant black women.  This was also the target audience identified by Margaret Sanger the founder of Planned Parenthood and an avowed racist.  The racial roots of Planned Parenthood go back to the founding.

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With the advanced leak of the Supreme Court abortion ruling, the White House had two months to prepare for the political use of the issue.  Today, the installed occupant of the oval office, was immediately thrust to the microphones to read the prepared remarks. [Transcript Here]

Within seconds of his script an angry and cognitively unstable Biden declared, “with Roe gone, let’s be very clear: The health and life of women in this nation are now at risk.”  The pre-scripted hyperbole continued, “the Court’s decision to do so will have real and immediate consequences.  State laws banning abortion are automatically taking effect today, jeopardizing the health of millions of women, some without exceptions. So extreme that women could be punished for protecting their health,” he exclaims.  WATCH:

[…] “This fall, we must elect more senators and representatives who will codify a woman’s right to choose into federal law once again, elect more state leaders to protect this right at the local level.  We need to restore the protections of Roe as law of the land.  We need to elect officials who will do that. This fall, Roe is on the ballot.  Personal freedoms are on the ballot.  The right to privacy, liberty, equality, they’re all on the ballot. ” (read more)

In addition to the Supreme Court affirming federalism and the rights of individual states to make their own decisions on abortion, there is another downstream benefit to the Roe decision.  Leftists are less likely to migrate to Red states.

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The 213-page Supreme Court ruling in Dobbs -v- Jackson (Mississippi case) is FOUND HERE.  The ruling in the Dobbs case was 6-3 in favor of allowing Mississippi to place limits on abortion after 15 weeks.   However, in combination with the Dobbs decision the court has overturned (by a 5-4 vote) the 1972 Roe -vs- Wade decision that created a constitutional right to abortion.

Chief Justice John Roberts joined with the majority on the Dobbs decision (Mississippi) but said he did not agree with the decision to overturn Roe. The vote to overturn Roe was 5-4. Justices Clarence Thomas, Neil Gorsuch, Brett Kavanaugh, and Amy Coney Barrett joined Justice Samuel Alito’s opinion.

Due to an unprecedented leak in the Alito draft opinion in May, the Roe decision was anticipated.  The leaked draft opinion showed that a majority of the justices were privately poised to remove a constitutional right for abortion; today that step was taken.

SCOTUS BLOG – […] Alito began his 79-page opinion by observing that abortion “presents a profound moral issue on which Americans hold sharply conflicting views.” But the Constitution does not refer to abortion at all, Alito stressed, and nothing in the Constitution implicitly protects the right to an abortion.

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