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German Economic Minister Announces Restart of Coal Power Plants for Electricity Due to NATO Sanctions and German Dependence on Russian Oil and Gas

To say the recent remarks from German Economic and Climate Minister Robert Habeck showcase the stupidity of the western sanctions would be an understatement.  In a broad energy policy announcement to the German people, Minister Habeck has announced that natural gas is now urgently being stored and built up in order to survive next winter.

Additionally, the German parliament is being called into emergency session to re-write climate laws allowing coal-fired electricity power plants to be brought back on-line.  Essentially, years of German renewable energy investments and initiatives are now being reversed in order to maintain the commitment to NATO sanctions against Russia.

You can read the full translated remarks HERE.  Some of the more stunning excerpts are below.

GERMANY – Minister Robert Habeck […] “The situation on the gas market has deteriorated in recent days. The missing quantities can still be replaced, and the gas storage tanks are still being filled, albeit at high prices. Security of supply is currently guaranteed. But the situation is serious. We are therefore further strengthening precautions and taking additional measures to reduce gas consumption. 

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15 DeceptiCons Vote to Close Debate on Senate Gun Control Legislation, An Important One Was Permitted to Hide

In 2006 we originally faced 20 DeceptiCons in the Senate.  They represent the right wing of the DC Congressional UniParty.  Having removed a few, and some of them died (McCain, Cochran) there are still 16 of them in office.  They are led by Mitch McConnell.

This is the same crew who vehemently opposed the nomination of Donald Trump for office.  These are the same republican senators who aligned against the Tea Party and later against the MAGA movement represented by our efforts to put Donald Trump into office.  These are the DeceptiCons we have been discussing for 16 years.  However, these are also a very sneaky bunch – notice how McConnell’s #2, John Thune, was permitted to avoid the DeceptiCon sunlight.

Today the DeceptiCons [Blunt (MO), Burr (NC), Capito (WV), Cassidy (LA), Collins (ME), Cornyn (TX), Ernst (IA), Graham (SC), McConnell (KY), Murkowski (AK), Portman (OH), Romney (UT), Tillis (NC), Toomey (PA) and Young (IN)] voted to shut down debate on the democrat senate firearm restriction and confiscation bill.  The vote to invoke cloture shuts down debate and ends the opportunity for a filibuster.  Invoking cloture, ie voting to support cloture, is a vote in support of the bill.

WASHINGTON DC – […] Ahead of the vote, Majority Leader Chuck Schumer said the Senate could pass the final bill as soon as Thursday with GOP cooperation. However, if any one of the 100 senators objects, final passage could occur as late as Friday night, briefly delaying the chamber’s planned two-week recess.

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Manufacturing Index Drops Far Below Expectations – Biggest Single Month Drop Since 2020 Pandemic Impact

U.S. inflation was/is driven by supply side impacts as a result of policy (Build Back Better).  The U.S. recession was/is now driven by demand side impacts that are the result of increased supply side costs.  This is the natural economic truth being denied by all levels of political leadership.

Joe Biden policy makers, specifically the U.S. treasury secretary and the federal reserve chairman, have claimed -falsely- that current inflation was/is being driven by demand. In essence, and ironically, their position means consumers are to blame for high prices.  This has been their story and they have stuck to it.  However, remember monetary policy can only impact the demand side of the economy.  Monetary policy cannot impact the supply side, that aspect is led by Joe Biden policy.

The Federal reserve, having denied (pretended) the supply side causation, has effectively raised interest rates (0.75%) into an economic environment where consumer demand was already contracting.  CTH has been asserting this fundamental position all year.   Here is the evidence:

US Manufacturing PMI fell dramatically to 52.4 in June 2022 from 57 in May.  This drop is well below the market and economic expectations of 56, and now points to the slowest growth and steepest drop in factory activity in almost two years.  Contractions in output and new orders are pushing the index down.

Production and new sales declined for the first time since the depths of the pandemic in mid-2020 driven by weak consumer demand.  Inflation and a drop in wholesale and retail purchases have lowered purchase orders.  The gears inside the economy are slowing to a halt.

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Supreme Court Rejects New York Special Need Limitation on Carrying a Firearm, Affirms Inherent Right to Carry

In a 6-3 ruling [pdf HERE] the Supreme Court has ruled that New York state cannot require an individual to prove a “special need” in order to carry a firearm for self-protection.  The ruling, likely to have ramifications for other gun restricting states, affirms the constitutional right of an individual to carry a firearm, and blocks the efforts of states to make the individual prove they have a need for one.

Writing the majority decision Justice Clarence Thomas concluded there was no historical requirement that law-abiding citizens show the kind of special need for self-defense required by the New York law to carry a gun in public. Indeed, as Thomas wrote, there is “no other constitutional right that an individual may exercise only after demonstrating to government officers some special need.”  [Ruling Here]

SCOTUS BLOG – The state law at the heart of New York State Rifle & Pistol Association v. Bruen required anyone who wants to carry a concealed handgun outside the home to show “proper cause” for the license. New York courts interpreted that phrase to require applicants to show more than a general desire to protect themselves or their property. Instead, applicants must demonstrate a special need for self-defense – for example, a pattern of physical threats. Several other states, including California, Hawaii, Maryland, Massachusetts, and New Jersey, impose similar restrictions, as do many cities. (read more)

Leftists, particularly those who have recently become drunk on power from their COVID dictates, are apoplectic about the supreme court limiting the power of government to control the constitutional rights of the individual.  It’s quite remarkable to watch the far-left lash out against the institution that has the role in our government to protect the constitution.

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Tucker Carlson Calls Out the Right Wing of the UniParty Vulture

Oh, there’s so much that could be said about this… so much.  However, what Tucker Carlson outlines in this monologue is accurate insofar as it merely scratches the surface of the DeceptiCons in Washington DC. {Direct Rumble Link} WATCH:

The UniParty issue does not start in Washington DC, it surfaces in Washington DC.

The UniParty agenda, the origin of the crap that we see surface in a toxically corrupt federal government, starts IN YOUR STATE.

The UniParty is an outcome of the private organizations that run the political parties known as the RNC and DNC.  This is where almost all voters and political followers get lost.  The Republican and Democrat parties are not affiliated with any construct of the United States government.  They are private entities, private clubs, that can establish any set of rules and regulations for the people within the club/party.   That’s where the origin of the feces begins.

The club can accept or deny membership for any person who wants to run for political office.  The RNC and DNC clubs essentially select the politicians.  There is nothing within this process that is even remotely democratic, representative or even visible in the framework of the U.S. constitution.

Private corporations known as the RNC and DNC run the professional political apparatus, and from that origination all of the corruption in the body politic -as outlined in the visible UniParty agenda- surfaces.   Two clubs, both funded by Wall Street power brokers, globalists and ultra-rich mega-donors, select the members who will represent their interests in Washington DC.   That’s the root of the issue.

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Build Back Better Inflation Hits 7.7 Percent in Canada and 9.1 Percent in U.K.

Yes, inflation is global; mostly.  That’s because all of the western governments and their central banks followed the exact same pandemic lockdown & spending instructions from the World Economic Forum.

The plan -as outlined publicly, was for government leaders to lockdown the economic activity (supply side), then spend to subsidize and fill the losses in economic activity (demand side), then reopen the economies using the Build Back Better agenda as a reset moving the underlying energy economy away from fossil fuels.

This was the collective plan, and they all followed the exact same playbook.  This is the origin of inflation.  The BBB plan disrupted the supply side, then triggered a reopening of the demand side while the supply remained scarce.  Simultaneous to the reopening, all former energy development processes were no longer supported by investment or policy.

In the aftermath, the energy sector was fractured and combined with higher costs for the production of all goods, that’s what is continuing this upward inflation spiral.

CANADA – Canada’s annual inflation rate accelerated to 7.7% in May, the highest since January 1983, on gasoline prices, as well as services like hotels and restaurants, Statistics Canada said on Wednesday.  Analysts polled by Reuters had expected the annual rate to rise to 7.4% in May from 6.8% in April. (read more)

U.K. – Soaring food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the highest rate out of the Group of Seven countries and one which underlines the severity of the country’s cost-of-living crunch.

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Former DNC Rising Star, Florida Gubernatorial Candidate and CNN Contributor Andrew Gillum, Indicted on Federal Fraud and Conspiracy Charges

Andrew Gillum was the 2018 Democrat candidate for Florida Governor who came within a few thousand votes of winning the race.  He was hired as a CNN contributor.  a few months later he was found by police, naked, high on drugs and incapacitated in a hotel room with male prostitutes in Miami.

Today, Andrew Gillum was indicted on 21 charges of corruption, bribery, conspiracy, wire-fraud and soliciting campaign contributions for personal use.

TALLAHASSEE, Fla. (AP) — Andrew Gillum, the 2018 Democratic nominee for Florida governor, has been indicted on 21 federal charges including conspiracy and wire fraud for funneling donations through third parties back to himself for personal use, prosecutors said Wednesday.

The U.S. Attorney for the Northern District of Florida said Gillum, 42, is also charged with making false statements to the Federal Bureau of Investigation for claiming he didn’t receive or ask for anything from two undercover agents posing as developers. The undercover agents offered gifts and money in exchange for support for projects.

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Sanctimonious Biden Demands Congress and States Suspend Gasoline Taxes to Offset Massive Increases His Energy Policy Has Created

… And if they don’t, they are Russian sympathizers.

Delivering remarks from the stage built next to the White House, earlier today Joe Biden demanded that congress and states suspend gasoline taxes for 90-days in order to offset the massive price increases his energy policy has created. {Transcript Here} Additionally, Biden says any political opposition to his demand means his opponents support Russia:

“for all those Republicans in Congress criticizing me today for high gas prices in America, are you now saying we were wrong to support Ukraine?  Are you saying we were wrong to stand up to Putin?  Are you saying that we would rather have lower gas prices in America and Putin’s iron fist in Europe?  I don’t believe that.” {Direct Rumble Link}

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It will be worth watching how California Governor Gavin Newsom responds to this instruction.  California has the largest gasoline taxes in the nation and uses them to fund the majority of their left-wing policies.

Full video and transcript below.

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Fed Chairman Jerome Powell Admits It Is Not Russia That Created U.S. Inflation, It Is Joe Biden Policy

Federal Reserve Chairman Jerome Powell admitted the obvious in his senate testimony today when asked about U.S. inflation.  However, his testimony directly contradicts the White House claims.

Senator Bill Hagerty (R-Tenn.), member of the Senate Banking Committee, walked through the inflation timeline and asked Chairman Powell about the cause of the escalated inflation in 2021.  Powell admitted the massive rise in inflation had nothing to do with the Russian invasion of Ukraine. WATCH (02:16 Prompted):

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Report, Tech and Finance Sector Reversing Job Offers for College Grads

Reuters has an interesting, albeit sad article, highlighting the state of the U.S. and global economy.  According to the article, many college graduates this year are finding their recent job offers rescinded as the landscape for employment quickly evaporates.

The article focuses on the tech sector with various platform companies yanking the jobs.  Twitter, Meta (Facebook), Lyft and Uber are all mentioned as downsizing, freezing current employment and/or leaving positions unfilled.

(Reuters) – […] In what appears to be a counter trend to the Great Resignation of 2022, when legions quit for new jobs, some tech job-seekers now face cost cuts and hiring freezes amid four-decade-high inflation, a war raging in Ukraine and the ongoing pandemic.

In the case of those who were poised to join Twitter, the whims of billionaire Elon Musk have also caused stress. Musk has agreed to buy Twitter for $44 billion, but his recent tweets have raised questions about when and if the acquisition will be completed. 

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