EU Commission President Ursula von der Leyen, a woman of notoriously bureaucratic disposition, has proposed that all member nations to reduce their use of natural gas by 15% in order to subsidize and protect the larger member nations -specifically Germany- who are more dependent on Russian energy.

Spain, Portugal and Greece are balking at the idea of voluntary cuts in order to spread the energy resources to the larger economies.

Things amid the EU could get spicy again, with the league of nations in Brussels taking control of economic wealth distribution.

BRUSSELS, July 20 (Reuters) – The European Union set out emergency plans on Wednesday for countries to cut their gas use by 15% until March, warning them that without deep cuts now they could struggle for fuel during winter if Russia cuts off supply.

Europe is racing to fill its gas storage ahead of winter and build a buffer in case Moscow further restricts supplies in retaliation for European support for Ukraine following Russia’s invasion.

[…] The regulation needs approval from a reinforced majority of EU countries. Country diplomats are set to discuss it on Friday, with the aim of approving it at an emergency meeting of their energy ministers on July 26.

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From the CTH perspective, if we accept the scale of the approaching U.S. economic pain that is clearly visible on the horizon, this narrative shift from the Associated Press and NPR, about a balancing act for U.S. policy and a corrupt Ukraine government, seems very predictable.

The average U.S. worker, and the middle class in general, is in trouble.  The visible reference of bailing out the people of Ukraine to the tune of $60+ billion is legislative salt in an open economic wound caused by Biden policy.  A shift is needed.

Pivoting away from Ukraine to focus on financial subsidies for Americans requires using a particular arm-distancing toward Zelenskyy from the politicians.   Look, corruption.

Here we go:

WASHINGTON (AP) — Ukrainian President Volodymyr Zelenskyy’s dismissal of senior officials is casting an inconvenient light on an issue that the Biden administration has largely ignored since the outbreak of war with Russia: Ukraine’s history of rampant corruption and shaky governance.

As it presses ahead with providing tens of billions of dollars in military, economic and direct financial support aid to Ukraine and encourages its allies to do the same, the Biden administration is now once again grappling with longstanding worries about Ukraine’s suitability as a recipient of massive infusions of American aid.

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The goal of this outline is to answer a frequent question about what the alignment of government and private sector officials mean when they say, “managing the transition.”  Some of this is self-explanatory, some of this has been astutely explained by others (with specific reference points), yet much of this is what they cannot say publicly.  So here we go.

As you are well aware the various western nation central banks including the U.S. Federal Reserve, are raising interest rates into a global economic contraction, a drop in demand.  Raising interest rates into a contracting economy is counterintuitive, it runs against the expressed interest of government to grow economic conditions.  However, there is a purposeful design to the contradiction.  [A TLDR Version Here]

I will further expand, and hopefully this will provide information so that you can make decisions on how to protect your interests.

The central bankers are trying to support western government policy.  Unfortunately, the government policy they are under obligation to support is the fundamental energy shift, or what the World Economic Forum (Davos Group) has called the “Build Back Better” climate change agenda.

Monetary policy can only impact one side of the inflation challenge.  The western bankers (EU central bank, U.S. federal reserve bank, and various banking groups) are raising interest rates in order to “tame inflation” by “taming demand.”  However, as you know the global economic demand has been declining for several quarters.  Raising interest rates into an already contracting economy only does one thing, it speeds up the rate of economic contraction.

Economic contraction is the lowering of economic activity.  Raise interest rates -in a general sense- and businesses invest less, borrowers borrow less, consumers purchase less, employers expand less, and the economy overall slows down. When the economy turns negative, meaning less products and services are produced, we enter a recession. Some businesses and employers do not survive a recession and subsequently unemployment rises.

During recessionary periods people buy less stuff, people have less income stability, and economic activity drops.  When the banks raise interest rates into an economy that is already stalled or contracting, unemployment and general pain on Main Street increases.  Workers are laid-off, incomes shrink, consumer spending drops and that leads to less employment.  Recessions are bad for middle-class and working-class people.

However, that said, there is one benefit from a recession…. Energy use drops.

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During his opening monologue tonight, Fox News host Tucker Carlson outlined the background of Joe Biden’s “climate emergency”, and the hypocrisies of their theories as compared to their behavior. WATCH:

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Joe Biden has pledged to increase his use of executive power in order to deconstruct the U.S. energy system and recreate a Green New Deal energy economy using windmills and solar power to generate electricity.  Today, Biden kicked-off the first round of executive orders [READ HERE].

The first round of executive orders is essentially payments to low income Americans for the increased costs of Biden’s new energy programs.  However, for those paying close attention, I would direct you to notice this predictable aspect in the “Fact Sheet” provided by the White House:

…”the Department of Labor’s Occupational Safety and Health Administration (OSHA) has already conducted 564 heat-related inspections, which are focused on over 70 high-risk industries across 43 states. On days when the heat index is 80°F or higher, OSHA inspectors and compliance assistance specialists are engaging in proactive outreach and technical assistance to help stakeholders keep workers safe on the job.”

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In May the inflation rate in the U.S. increased to 8.6%, a few weeks later the European Union measured their May inflation rate to match at an exact 8.6% {link}.  In June the U.S. inflation rate increased again to 9.1%, and now we see the U.K. reporting their June inflation rate today at 9.4%.

While the individual amounts of government COVID-19 spending amid the U.S, U.K. and Europe were different, the percentage of that spending in relationship to the size of their economy was very similar.  As a result, the global inflation rates contain strong parallels.

None of these parallels are accidental.  All of this economic turmoil is running on an identical track -on a global basis- because the entire western plan was coordinated and followed.  What we are seeing right now is the outcome of the “Build Back Better” roadmap.  The “global inflation” is the outcome.

Joe Biden is blocking domestic energy production as he follows through with the agenda of the Green New Deal.  In Europe, not coincidentally demanded by Biden, a similar outcome comes from the sanctions and blocking of Russian energy resources.

One could make a reasonable argument that the team behind Joe Biden specifically wanted the EU sanctions against Russia, because the U.S. crew wanted to keep both industrial economies mirroring each other as the U.S. energy system was dismantled.  It would make sense to avoid a spotlight on the U.S. economic collapse, by forcibly pushing the EU economy into the same situation.

Taking that line of geopolitical and economic consequence one step further, and that would be part of the strategy -albeit undiscussed- behind having a consistent global cap on the price that any nation could pay for Russian oil.  That approach is not about punishing Russia, it is to make all of the economic pain and problems equal amid all western nations.  Globalists, and the central bankers, are good at creating economic systems to deliver equitable misery.

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The goal of gaining public acceptance for eating insects instead of meat is now part of the Public Broadcasting Service (PBS) effort.  The larger climate change objective is to “transition” the global food supply away from cows, pigs and chickens, and toward a more sustainable lifestyle of eating insects and bugs.   Farmers in North American and Europe are facing massive regulatory changes as part of the Build Back Better or Green New Deal initiatives.

In the U.S. Joe Biden has pledged his entire administration effort toward the goal of reducing U.S. carbon emissions and protecting the planet.  Part of that initiative includes the need to change the diet of Americans away from traditional farm proteins, and toward sustainable alternatives via bugs and/or insects like cockroaches, crickets and grasshoppers.

A comprehensive marketing, branding and image campaign is underway to change the public perception toward an acceptance of sustainable algae and bugs as food sources.  Public Broadcasting (PBS) is part of that imitative:

(SOURCE)

Several U.S. food manufacturers now include insects and bugs as part of their ingredient list.  It would be worthwhile checking the labels on the latest snack foods to identify the percentages of worms and bugs that may be included in your favorite salted snack.

Additionally, a significant investment has taken place in Canada where they are now generating 9,000 metric tons of crickets to replace traditional protein sources (link).  The public/private partnership in London, Ontario, is now shipping crickets for use by North American food manufacturers.  There has been minimal public pushback against the effort and the government appears to be fast-tracking insects as food alternatives for global shortages of grain and meats.

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CTH cannot overestimate what is more likely than not, as the Biden administration is now reportedly going to declare a national climate emergency in order to take their Green New Deal policy to the next level via executive fiat.  [The Hill Story Here]

Any possibility of the Biden administration creating an even deeper economic collapse under the auspices of climate change regulation, has essentially been stalled by congressional opposition to further Green New Deal (Build Back Better) spending and regulatory legislation.

Some, albeit not enough, congressional representatives, can see what lies at the end of this fundamental energy change, a significant collapse of the United States economy.  However, the committed ideologues behind Joe Biden are not going to let the legislative branch interfere in their climate change agenda.

What we are about to see is most reasonably predictable against the backdrop of how Biden’s administration exploited the “national COVID emergency,” that backstopped and justified their eventual use of OSHA to mandate vaccinations, and regulatory control over the private sector, under the guise of a pandemic emergency.  We predicted that administration approach in December of 2020, and that is exactly what they did {GO DEEP}.

When CTH shared that OSHA would be the institutional regulatory vector for forced vaccinations, many said we were conspiracy theorists.  Ten months later that is exactly what the people behind Joe Biden did (link). Now we can expect that same health emergency approach (massive regulations) to repeat with the declaration of a national climate emergency.

Pause and think about the ramifications to all domestic economic and business interests if the federal government starts using all agencies to regulate a new climate emergency policy.  Think about the regulations, the scale of potential regulations, from the dept of transportation, the dept of labor (including OSHA), the dept of the interior, the dept of energy, the dept of housing and urban development, the dept of education, the dept of health and human services, and many more.

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No doubt it was only the public pressure and ridicule against this activist Manhattan District Attorney that caused him to reverse course.

Facing intense public scrutiny for his ideological efforts, Manhattan DA Alvin Bragg has dropped charges against the 61-year-old Latino bodega owner who defended himself against a violent attack by the black boyfriend of an angry customer.

The entire episode, including the ridiculous charges against Jose Alba, was fraught with racist undertones from the district attorney’s office.

NEW YORK – After intense backlash from local bodega workers and city tabloids, Manhattan district attorney Alvin Bragg on Tuesday dropped all charges against bodega clerk Jose Alba, who was allegedly acting in self-defense when he fatally stabbed a man who was attacking him.

The liberal DA’s decision comes after weeks of criticism of Bragg’s decision to send the 61-year-old to Riker’s Island and charge him with second-degree murder in the death of 35-year-old Austin Simon. Bragg first requested Alba’s bail be set at $500,000 before it was lowered to $50,000 in response to criticism from the community. He was later released on a $5,000 bail bond.

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During the White House press briefing today, the administration sent Jared Bernstein to the podium to discuss a recent drop in gasoline prices.  Bernstein was claiming that Joe Biden had lowered gasoline prices when journalist James Rosen asked a question. {Direct Rumble Link}

James Rosen asked Bernstein why it was “Putin’s price hikes” when the gasoline prices are increasing, but not “Putin’s price plunge” when gasoline prices are decreasing.  Bernstein attempted to clarify his position and ended up looking silly.  WATCH:

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