Remember that fourth quarter GDP result that seemed manipulated?  Well, I suspect the record setting trade deficit now being reported for January is an outcome of those pesky fourth quarter trade results being intentionally skewed by the withholding of December 2021 import data.

Additionally, methinks we are likely to get some increased economic clarity about why the White House needed Ukraine to become the big shiny thing with such urgency.

Just like everything else, geopolitical dynamics –especially those surrounding entrenched ideology– are always about the economics.  Someone, eventually, always has to pay.  Follow the money; there are trillions at stake.

First, keep in mind that missing Port of Los Angeles result from December as you review the import/export details:

(REUTERS) […]  The goods trade deficit jumped 7.1% to an all-time high of $107.6 billion last month. Imports of goods increased 1.7%, led by food and motor vehicles. There were also large increases in imports of industrial supplies, capital and consumer goods. Imports of other goods, however, tumbled 15.3%.

Exports dropped 1.8%, weighed down by consumer goods, motor vehicles, food and other goods. But exports of capital goods and industrial supplies increased. Trade has been a drag on gross domestic product for six straight quarters. (read more)

That missing Port of LA December import data, now being introduced into the month of January, might just be the cause of the “all time high” noted above.  I will bet one sustainable rice cake on it.

Next up, inflation.

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Within the book of instructions for the ideological Chicago crew (Alinsky peeps), there are chapters on how to create off-ramps to cloud their agenda. If they need a bigger cloud, they create a bigger crisis. The crisis then becomes the cover, the justification to explain the outcomes of their agenda.

In the latest example, the White House is shifting blame for the collapsing economy, surging oil prices, massive gas price increases and overall U.S. inflation.

The manufactured crisis in Ukraine then takes on a geopolitical angle and a domestic angle.  The prior rate of inflation is now being blamed on Russia-Ukraine.

It is not coincidental that ABC (think George Stephanopolous) takes the lead in helping to push this narrative as a cover story for the problems in the economy that are specifically driven by U.S. energy policy (chasing Green New Deal objectives), environmental policy, regulatory policy and massive spending.  The politics are to blame for the inflation, so it is the deployment of politics used to create the cover.  WATCH:

The manufactured Russia-Ukraine crisis now becomes the cover story for why the U.S. economy is collapsing.  The pain being felt by middle class, blue-collar workers is now shifted to be an outcome of geopolitical events that are Vladimir Putin’s fault. It’s always someone else’s fault.

Do not underestimate how many people in the U.S. will buy into this nonsense, and keep in mind the Republican wing of the UniParty has a vested interest in allowing the narrative to embed in the psyche of voters.  Both wings of the DC vulture will help promote this fraud, just as both wings of the DC uniparty sold out our Main Street economy on behalf of their multinational benefactors.

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Global oil prices are rising specifically due to governmental policy that’s driven by the talking script of the World Economic Forum and the ‘climate change’ financial manipulators who give the politicians their instructions.  However, in this new era of pretending not to know things, the upside down through the looking glass mirror of our bizarre reality, virtually every corporate mouthpiece cannot break the Multinational code of omerta.

We truly are living in an era where the truth & consequences must be hidden in order to maintain a centrally orchestrated narrative.

The ultimate victims of this new multinational corporatism (fascism reversed with corporations telling government what do) are the middle class represented on every continent by yellow vests, MAGA hats and currently truckers.

We know it, they know it and they know that we know it; yet, the deep little lies inside the bigger lie must be maintained.  The Code of Omerta must not be broken.

In the U.S., the people behind Joe Biden must retain the ruse of centralized lying and citizen manipulation. In France, it’s Emmanuel Macron.  In Victoria, Australia, the jackboots of Daniel Andrews have been deployed to retain the ruse of their little lies.  The House of cards in New Zealand is propped up by the smiley-faced facist Jacinda Ardern, and more recently their Canadian cousin, Prime Minister Justin Trudeau, has invoked the Emergency Act to retain the control mechanisms.

You can almost see Klaus Schwab smiling as the digital identity starts to take shape while the mechanisms for carbon trading await the beta test completion.  Yes, the population will be granted environmental justice, and carbon trade exchanges will apportion to each according to their contribution.   Of course, you can always buy a few extra hours of energy use if you can afford it.

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Tow trucks from Michigan have been sent to assist Ontario police and Canadian federal law enforcement to remove the Freedom Protestors and truckers from the Ambassador bridge at the border crossing between Canada and the U.S.A.

Yesterday, Canadian Prime Minister Justin Trudeau and U.S. President Joe Biden held a phone call to discuss the collaboration of U.S. and Canadian federal law enforcement as well as joint intelligence agencies to remove any blockades at the border crossing points.   Michigan Governor Gretchen Whitmer also told media she would assist the Canadian government effort.

(Image Source)

As local, regional and federal law enforcement on both sides of the border begin to confront the blockades, it appears they are sharing resources.  Previously, Canadian tow trucks refused to cooperate against their own citizens in protest.  It appears that Michigan tow trucks are willing to do the dirty work. However, the initial tow companies pictured can only move regular passenger vehicles and pick-up trucks, like those driven by supporters of the truckers.

Police arrived shortly after dawn this morning to clear the protest group who spent the night at the busiest crossing between the United States and Canada and enforce a court order issued yesterday. “The Windsor Police & its policing partners have commenced enforcement at and near the Ambassador Bridge. We urge all demonstrators to act lawfully & peacefully. Commuters are still being asked to avoid the areas affected by the demonstrations at this time,” police tweeted.

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Comrades, Ontario Premier Doug Ford held a press conference this afternoon to announce he has declared a ‘state of emergency‘ and intends to issue orders against dissident truckers authorizing the police to place them under arrest, initiate fines up to $100k each individual, and revoke the personal and commercial licenses of anyone who doesn’t comply.  The rebellion must be quashed, before the citizens start to think they have power.

As a typical DeceptiCon, Premier Ford begins his justification with the feels, and then gets to down to the business of calling the Freedom Protest in Ottawa an illegal occupation.  Ford emphasized that workers are not permitted to challenge government. In essence, all your paychecks are belong to us – and you have no right to disrupt economic activity controlled by government.

Referencing the growing cross border blockades and looking/sounding like a corrupt union boss from the 1950’s, Comrade Premier Ford reminded the Canadian citizens that only government is permitted to destroy livelihoods, collapse businesses and create economic pain.  The people in/around Ontario are not allowed to disrupt or influence the provincial economic activity; picking winners and losers is exclusively the role of government.  WATCH:

CANADA – […] “While these emergency orders will be temporary, we have every intention to bring new legislation forward that will make these measures permanent in law. We are taking the steps necessary to support our police as they do what it takes to restore law and order,” Ford said at a press conference at Queen’s Park.

The state of emergency will make it illegal and punishable to block and stop the movement of goods, people and services along critical infrastructure.

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The Freedom Convoy trucker protest has now expanded and is starting to hit more U.S-Canada border crossings, while the main trucker convoy remains in downtown Ottawa. The Coutts border crossing, between Alberta and Montana, is shut down as truckers have closed every lane.

However, after 12 days of pressure – and a typical Alinsky response from Canadian Prime Minister Justin Trudeau – things are beginning to escalate. Now, in Windsor, Ontario, the Ambassador Bridge to Detroit – the busiest land crossing on the U.S-Canada border, has been effectively blocked.

The government of Canadian Prime Minister Justin Trudeau is starting to panic.  “They’re essentially putting their foot on the throat of all Canadians,” Bill Blair, Canada’s minister of emergency preparedness, said Wednesday. “It can’t be allowed to persist.”  Yet, the Trudeau government is quickly discovering their biggest Achillies’ heal in this issue.  There is no logistical way to stop truckers from blocking the roads and bridges.

The logistics of trying to forcibly remove the big rigs with tow trucks is a nightmare.  Additionally, the tow truck companies are not willing to support the government in a fight against their own profession.  Slowly, the uber elite who think they are the rulers are starting to realize just how little power they have when the “workers of the world” really do “unite”.   Trudeau really is starting to panic:

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Gasoline prices have risen, on average, 40% in the past 11 months.  This leads to higher consumer costs across the board.  Oil, currently $90/barrel, is going to go even higher as a merge of Biden economic, regulatory, energy and foreign policies are going to make things worse.

As the Obama-Biden administration previously said when they achieved their last historic increase in gas prices, “U.S. energy prices will necessarily skyrocket“, in order to achieve their ideological climate change objectives.

(VIA CNBC) Gas prices rose to the highest level in more than seven years Friday, on the heels of the U.S. oil benchmark topping $90 per barrel for the first time since 2014. 

The national average for a gallon of gas stood at $3.423 on Friday, according to AAA, slightly surpassing the prior high-water mark of $3.422 from Nov. 8.  Friday’s price means consumers are now paying the most at the pump since Sept. 10, 2014, AAA data shows.

The national average stood at $2.44 a year ago.  The rapid rise in prices is contributing to inflationary fears across the economy and is creating a headache for the Biden administration. (read more)

Yes, a president can and does control the price of gasoline.  What can a U.S. President and administration specifically do?  We have abundant U.S. energy resources.  Quite literally the strongest in the entire world.

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The latest BLS Job Openings and Labor Turnover (JOLT) report [DATA HERE] reflects a headline of 4.3 million U.S. workers quitting in December.  However, that number is 161,000 fewer quits than November. The job openings are starting to fill up.

While there is evidence the mandatory vaccine requirements are still working through the job market, we are still about another month away before the fog clears from the private sector employment data.

This Friday we will see the unemployment data from December, but in the interim this JOLT’s report is tracking with CTH expectations.

The primary driver of the quits rate has been inflation.  Workers seeking higher wages in an effort to deal with inflation can get faster paycheck results by switching jobs rather than asking current employers for more money.

We have been watching this trend for several months.  However, the rate of job-jumping is slowing down as the available jobs to jump into are fewer, and the vaccine mandate impact is settling down.

Despite the number of job openings, blue collar workers are starting to see job vacancies decreasing.  The service industries around accommodation, food services and basic dirty fingernail positions still have many vacancies; this is the epicenter of where the job jumping takes place. Employment in durable goods manufacturing is at that phase where things are about to get sketchy for tradespeople and union workers.

The white collar jobs are static and/or slightly downsizing.  The total number of hires was 6.3 million for December, a drop of 333,000 from prior month.  The number of people hired in professional and business services dropped by 159,000.

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We have been tracking the issue of U.S. port congestion, supply chain crises and the White House supply chain initiatives since they first surfaced last fall.  We finally have full data to review, and what we see is very disturbing.  Not only was the White House supply chain effort a fraud, but they also manipulated the port system to give a false impression of the U.S. economy.

Let’s start with the latest issue.

For several weeks, we have been trying to figure out why the Port of Los Angeles (POLA), our nation’s busiest and most valuable port, had delayed their reporting for December.

Normally they update their container statistics and port efficiency/productivity results between the 10th and 15th of the month.  However, this month the data was delayed by several weeks.

When we finally grew frustrated and asked the POLA about this ridiculous delay, they responded January 25th, saying: “Good morning. Data from one vessel has delayed final numbers. We plan on releasing numbers today or tomorrow.”

The POLA justification and timing seemed odd, and their explanation seemed fishy.  One container ship manages to delay the entire POLA result?  However, this morning after checking and seeing still no result we realized what was going on.

The Bureau of Economic Analysis released the U.S. 4th Quarter GDP result (link).  The value of imported goods is a deduction to the U.S. GDP.  If the biggest port in the U.S. holds back their import cargo data, the resulting information cannot be deducted from the GDP.  Missing data gives an artificial outlook for the GDP.  Put another way, the 4th quarter GDP is inflated by the missing deduction.

From the position of the Biden administration, there is a perverse economic motive to keep all those import cargo ships from arriving.

Would the Port of Los Angeles intentionally hold back data in order to help the White House give a false and more optimistic impression of the U.S. economy?  At first blush it might seem a stretch, but then – as if on cue – a few hours after the BEA made the public release, suddenly the Port of Los Angeles released their December data.  In politics timing is never coincidental.

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A Gallup news survey [DATA HERE] indicates that eight out of ten Americans expect higher prices and continued rising inflation, as the working class can see the through the smoke and mirrors of the Biden economy.

Overall, there are multiple datapoints that show the economic quagmire that is taking place right now.  Gasoline continues to rise in price, as oil costs continue to skyrocket as an outcome of Biden energy policy.  Food store prices have only just begun to show the higher prices that are built into the replenishment process.

Newly arriving goods overall are at a much higher price that previous inventory.  The 30, 60 and 90-day terms of purchase order fulfillment are now reflecting the cumulative cost increases at every stage in the supply chain.  Inbound prices to retail are still climbing. This is an economic quagmire created by inflation that cannot be avoided.

Fuel, food, home energy and home prices overall are rising.  As a result, durable good spending has contracted.  CTH has pointed out this dynamic for almost five months; however, the actual data is difficult to extract, because the scale of government spending in 2021 has clouded all of the economic indicators.

The official government inflation statistics at 7 to 9% do not accurately reflect the real inflation being felt by consumers, which is in the 25 to 40 percent range for highly consumable products.  If you look around your local community, it is not difficult to see that working class Americans have modified all of their spending priorities to deal with the food, energy and housing inflation that cannot be avoided.

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