Neel Kashkari is head of the Minneapolis Federal Reserve. If you know the financial lingo, you can see the dire forecast behind the opaque language.  In plain-speak, Kashari is saying when it comes to prices and inflation, “we’re screwed“…

In this interview with CBS talking head Margaret Brennan, Kashkari admits inflation is still going up, and it will get worse. Keep in mind, the lingo of the inflation conversation is discussing “percentages of change.” Kashkari claims the percentages of change will start to slow in a few years, but the prices will never return to their former level.

The percentage of inflationary change (this year vs last year) will continue going up, as prices continue to skyrocket over almost every sector. CTH points out this issue, because as the Fed continues printing current money, the value of future money drops and the price of goods continues to climb. The fast-turn goods rise in price quickest (now recorded at 6.2%), and the inflation on slow-turn durable goods lags but hits even harder.

Current real inflation inside the ‘total’ economy, the cumulative snowball that is coming down the mountain, is over 20% and still growing. This situation puts the forecast prices of 2022 goods at an alarming level. WATCH:

The fed has no tools to slow the rate of current inflation, as interest rates are disconnected {Revisit The New Dimension in Modern Economics} from the cost of goods produced. The only thing the Fed can do is to stop purchasing debt (Quantitative Easing), stop purchasing our own bonds, at a slower rate.

Despite being a progressive himself, even Neel Kashkari is telling congress to stop spending money.

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One thing CTH does is to look at proposed leftist advancements through the prism of previously blocked moves.  The Joe Biden nomination of avowed communist Saule Omarova to the Treasury Department Office of the Comptroller of the Currency (OCC) should be considered in a similar perspective.

There’s a couple of different issues surfacing in the Omarova nomination.  Obviously, she is aligned with the view that controlling money is another way to control the behavior of businesses and people; Omarova’s previous statements {Go Deep} about intentionally bankrupting oil and gas companies is indicative of the former – and the most recent statements are aligned with the latter.  WATCH:

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Obviously, Saule Omarova is interested in the concept of an all controlling central bank that would eliminate the need for private banking interests.  As she states, “There will be no more private bank deposit accounts, and all of the deposit accounts will be held directly at the fed.”  The basic premise is that all employers would funnel their payrolls into a centralized federal depository, where they would be then be taxed and re-distributed, electronically, to the workers.

One central bank, owned and operated by the federal government, would replace all the purposes within the private banking system.  Given her upbringing in the former Soviet Union, and considering her education at the University of Moscow, perhaps this outlook shouldn’t be surprising.   However, her nomination alone should be viewed as astonishing.

♦ Big Picture – The COVID Passport concept, now currently deployed in Europe and Australia, then becomes the vector for entry into a digital identification process.  At the end of that digital ID process is a centralized database, which, not coincidentally, directly aligns with the capability of the U.S. federal government to trigger what Omarova is advocating in that video – a centralized system to control all financial deposits and transactions through the digital ID previously created.

It doesn’t take a deep thinker to see how the federal government would eventually respond to having that much power over the financial accounts of Americans.  Cue the visual reference:

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This article is written as both a representative disconnect of the current administration, and also as a direct warning to readers of a never before seen increase in U.S. food prices.  As grandma always said: “charity begins at home.”

Earlier today in Paris, France, Kamala Harris waxed as philosophically as she could about the inequities around the globe.  Specifically, she proclaimed that world leaders have no excuse for some unknown “we” creating enough food to “feed the entire world” while children are hungry.

The words written for Harris to recite may sound good to an audience who values their own virtue through hollow soundbites and empty phrases; however, there is a very stark and concerning disconnect specifically when it comes to U.S. leadership making these proclamations.  Watch first 30 seconds (prompted):

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“Why have we allowed so many of the world’s children to go hungry when we know that we produce enough food to feed the entire world. […] We must instead agree that these growing gaps are unacceptable,” Harris proclaims with maximum virtue-signaling emphasis in the effort to raise her approval rating.

Meanwhile, the Biden-Inflation cost of food in the United States is increasingly becoming a problem for working class Americans.  Forget feeding children around the world, we are weeks away from people not being able to feed their own kids, and massive shortages in the stop-gap systems like food banks.

I’m not sure people understand yet exactly how desperate things are going to become, so let me be very specific for an audience of long-term readers who have my track record of accuracy to measure my predictions.   Within the next 120 to 180 days, you are about to see butter cost $8 to 10.00/lb at your local supermarket.  Bread will cost $6.00 a loaf, minimum, and other key staple item food prices, in the first two quarters of 2022, will increase 20 to 30% from where they are right now.

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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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The final registered roll call vote will be [available here], it’s not yet registered.   However, at almost midnight the House finally passed the previous $550 billion Senate infrastructure bill.

After a day of backbiting and internal debate among the far-left communist wing and the socialist wing inside the Democrat caucus, Nancy Pelosi was forced to bring the long delayed ordinary infrastructure bill to a vote.  13 republicans supported it.  The final vote was 228/206.

This bill has a long backstory {SEE HERE}, as it was originally going to be connected to a massive Build Back Better social spending bill demanded by the communists in the House.  However, after months of attempts to structure some way to get two bills out of the House, one of them insanely over-the-top with social spending, eventually the communists were forced to let the original Senate bill come up for a stand alone vote.

With the Democrats needing a win, any win, to show they are capable of doing something…. they put this bill to a vote.   The future of their communist social spending bill is unknown.

Before getting to a seriously deranged propaganda commercial presented by Pfizer, let me first outline some context.

Modern Democrats and leftists -writ large- celebrate childless families.  Modern Democrats advocate for not having children and enjoying the freedom that comes from a childless life.

Democrats promote abortion even at the last moments before natural birth (ie. #ShoutYourAbortion), and consider children to be “anchors” (Obama’s term) that stop people from enjoying a productive life focused on professional advancement.

Everything in the expressed policies of the modern Democrats is about not having children or becoming parents.  Sure they talk about children, but only from the perspective of political benefit.  Children are a point of advocacy for them; yet most influential modern leftists do not have children.

Democrats and leftists also claim not having children is the most environmentally responsible conduct.  They intentionally erode the institution of marriage, and inside their policies they advocate for the government to replace two parent households.  Single parenting is supported by funding and direct subsidy; and the ability to be disconnected from direct childcare and parental responsibility is part of their platform.  The state replaces the role of parent.

As a direct result, an entire generation of brainwashed twenty-somethings have no desire to have children.  Additionally, as a natural outcome of this generational approach, the children that do exist within society are overwhelmingly from parents who are not in alignment with mainstream leftism.

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New Zealand’s smiley faced Fascist Prime Minister Jacinda Ardern is the female messiah to the global progressive movement. Everything about her is carefully controlled and scripted for public display; including her positions on COVID-19 mitigation, her insane lockdowns, geographic bubble dictates and her over-the-top vaccine mandate push.

Any journalist/’churnalist’ who does not stay inside the government approved guidelines for COVID questioning is removed from their job. In every extreme manner you would consider, the New Zealand government under the Ardern regime control everything the public is permitted to hear.

Today, Ardern traveled to the guarded proximity border between Auckland and Northland where she was justifying her quarantine enforcement zones. The guarded checkpoints are in place to stop the spread of the COVID-19 virus, or so she claims. Ardern has never been publicly challenged to reconcile her continued claims that the vaccine will stop people from getting the COVID-19 virus, because the government controls who is permitted to ask questions.

Today, what I believe to be a pharmacist, attended one of her frequent press conferences and challenged her for the first time to explain her position. The man asking the questions cited the reality and scientific outcomes in the U.K. and Israel that show the vaccine does nothing to stop the spread of the virus or any variant. This was the very first time Prime Minister Ardern faced a question that was not from a controlled and approved media script.  WATCH WHAT HAPPENS (video at 10:00 prompted):

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A visibly shaken Prime Minister Ardern could not handle being asked to reconcile her continued claims about vaccine efficacy against the reality that the vaccine does nothing to stop the spread of the virus.  She had to shut down the conversation, and the questioner was promptly the target of the government control agents.

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Transportation Secretary Pete Buttigieg appeared on the DC narrative shaping program hosted by swamp gatekeeper Chris Wallace.  Within the interview Buttigieg was questioned about why West Coast port backups are worse now than before the White House announced their solution to operate ports 24 hours a day, 7 days a week.

Buttigieg proclaimed the ports are being impacted by the pandemic, and ships stuck in China are the reason why ships are sitting off the coast of California.   Yeah, try to square that circular logic.  LOL.  The scale of incompetence, even in common sense politispeak, is off the charts.  The illogical statements by this guy are legendary; however, he outdid himself today.

Eventually Pete weaves his way through fourteen nonsensical catch phrases to get to a point where he proclaims nothing in the supply chain will start being more efficient until everyone is vaccinated.  And yes, it appears that he is so stuck in pretzel-speak, Buttigieg actually believes that.

All of that said, I wouldn’t post this for review if it wasn’t for the ‘hard-hitting‘ segment from Wallace that comes right after.  You just gotta watch (prompted):

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The southern border is in crisis, food inflation is skyrocketing, transportation and logistical supply chains are a mess because of emissions and regulation, store shelves are empty, gasoline is ridiculously expensive, the blue-collar working class is getting crushed, the vaccination mandate is wreaking havoc on jobs, airlines and employment for first responders, overall national anxiety is at a high point, the economy is in a free-fall and two-thirds of all Americans now say the administration is incompetent.  Along comes Chris Wallace with the hard-hitting question about what Pete and his husband are doing with their twins for Halloween.

Lets Go Brandon !

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Taxing “unrealized capital gains” sounds like a catchy and obscure way to make wealthy people pay more in taxes, but it doesn’t work.  A government that moves in this direction ignores the reality that people are not static.  The process also involves “taxing wealth” which then becomes an arbitrary definition.

Unrealized capital gains are not income, they are simply increases in value.

If your home was worth $200,000 last year and $300,000 this year, you have an unrealized capital gain of $100k.   A 15% tax bill on that value increase means the homeowner would have to pay $15,000 to the IRS.

Joe Biden is proposing to pay for his multi-trillion expansion in debt through this type of tax upon billionaires.   Treasury Secretary Janet Yellen admitted this was part of their thinking to help pay for the Biden budget last Sunday.  WATCH:

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Proposing a tax on money that does not exist is the peak of government.   Sure the proposal applies only to billionaires who have massive gains in their stock portfolios, but billionaires are not esoteric titles.  Billionaires are people who can, if needed, move their physical location and avoid any U.S. tax on their wealth.

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The goal of the leftist group who organized and coordinated the sequence of events behind Frances Haugen is becoming increasingly obvious.  Ms. Haugen first surfaced during a CBS 60-minutes episode where she promoted the idea that government needed to intervene in the Facebook censorship process because the content of speech was not being limited enough.  Ms. Haugen advocated for government intervention to enhance Big Tech censorship.

48 hours later, Haugen was testifying before congress.  That should have triggered all alarm bells that far-left political operatives were organizing an advanced censorship campaign to stop speech they deemed as detrimental to their interests.  That speech consists of any speech that does not comply with the leftist world view.   Shortly thereafter, it was discovered that Ms. Haugen is represented by the same legal group, and group of Lawfare lawyers, who supported Hillary Clinton. 

It is clear the psychologically unstable uptalker, and those behind her, have an interest in having left-wing politicians intercede in global speech to advance their ideological interests.  To further showcase this point, Ms. Haugen appeared today before the U.K. Parliament, again advocating that any speech against globalism and big government is considered extremist speech that much be blocked.  WATCH:

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In the periphery, you might notice that Barack Obama recently gave a speech in Virginia where he also talked about political opposition and “right-wing media” advocating for extremism and stirring up anger.  This follows another highly visible data point where the DOJ has instructed the FBI to consider parents who confront school board policy as extremists.

Keep in mind, this testimony and angle of attack from the political operatives is coming at the same time the U.S. House of Representatives is using the January 6th Commission to advance the same proposition; that all speech against government is considered extremist and violent.

There’s no doubt all of these different approaches are part of the EXACT same coordinated effort.  There is a larger narrative being advanced by the U.S-centered group of Chicago Marxists.   Keep a look out for innocuous things that might look different when viewed through this baseline prism.

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