Well, there’s another “economist” who can be set into the folder of ‘no longer useful’.  During his appearance today on CBS Face The Nation, Mohamed El-Erian, chief economic adviser for Allianz, finishes his segment by revealing his underlying precept: Climate Change policy is now the economic policy driver of all his investment advice.

Within the interview, El-Erian said the “characterization of inflation as transitory is probably the worst inflation call in the history of the Federal Reserve.”  Additionally, El-Erian said inflation is likely to remain high into the next year and perhaps beyond.  Unfortunately, other than those two points of generally well educated accuracy, everything else is wrapped up in the political correctness of climate change…. which, you don’t really discover until the very end of the interview. WATCH:

The baseline for El-Erian saying the Build Back Better spending fiasco is a good thing, is based on accepting the pretense that massive amounts of federal spending will be needed to structurally change the U.S. economy from fossil fuel use to the Green New Deal.   If you do not believe in this transformation, there is no merit to any component of the BBB spending proposal. It really is that simple.

As a consequence, El-Erian is staking the position that climate change agenda politics is now the focal point from which all other economic policy will be determined.  He has conceded in his mind and worldview, perhaps based on his associations and peer discussions, that any forward economic analysis must therefore establish itself from the alternative fuel position.

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The NBC media panel for Meet the Press is absolutely apoplectic about their inability to destroy President Donald Trump and his supportive base of pragmatic, awakened Americans.   The pearl-clutching and fear are palpable, as the leftist roundtable contemplates future elections that may deconstruct decades of election control, manipulation, fraud and falsehood.

What the panel of John Heilemann, Marianna Sotomayor, Kimberly Atkins Stohr and Brendan Buck really fear is the pesky system within our constitutional republic we call ‘federalism’.   They need to keep their attacks against Donald Trump cast in the role of eliminating baby Hitler simply to avoid confronting the flaws in their own ideological arguments.  They fear freedom. They need the collective. Individual liberty is against their own sense of self and purpose.

If you listen through their nonsense (not for the faint of heart), all of the panel apoplexy boils down to individual states in control of their own elections.  What they fear is federalism itself, which makes sense when you remind yourself there are two generations of leftists who were taught that collectivism (the we are the world crap), where only one centralized federal government, of all consuming power and authority, should be allowed to make decisions.  WATCH:

While it would be fun to debate a group like this, the core of their fear is a diminishing ability to control.  As CTH reminds frequently, the need for control is a reaction to fear. This applies in all levels of social society from elections to COVID responses.  Elites need control, because at their core they fear the inherent inequity of freedom.

Sally Struthers pleads into the camera for donations to feed the starving child in her arms in Africa… leftists swoon, and the U.N. activates.  Meanwhile, some pragmatist watching the commercial leans over to her husband and says, “I wonder why the cameraman didn’t just give the kid a sandwich”?

Control is a reaction to fear. Think in terms of politics and society – the fear behind leftist politics is the fear that someone might withhold things (opportunities, money, whatever) from me.  Fear that if you live your life in a way I dislike that it might affect my life. Fear that if you get that job, there will be nothing left for me. Fear that if you make tons of money, it means there’s less money out there for me. So, people who believe in leftist ideologies seek control as a means of trying to create guarantees and safeguards against those circumstances they fear.

The DC UniParty knows exactly how to exploit that fear, and both Democrats and Republicans love to provide those guarantees and safeguards.

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It was always Chris Wallace’s job to protect the DC interests by tamping down any sunlight upon corrupt UniParty politics.  That’s the reason why CTH called Wallace the deep swamp ‘gatekeeper‘ for a decade.

Wallace, the top player amid many such players at Fox News, was always a narrative platform provider to distribute media points that supported the institutional administrative state in DC.    However, thanks to the rise of pragmatic conservatism, a movement created by Donald Trump and commonly identified as MAGA, in recent years more people have caught on to how this insufferable media game is played.

Chris Wallace was increasingly becoming naked to his audience, and as a direct outcome, increasingly useless for propaganda distribution.  Today, the functionally obsolescent gatekeeper announced, effective immediately, he was leaving Fox News.  Moments later, CNN announced Chris Wallace was joining them.  In essence, Wallace moves from controlled opposition to direct opposition. WATCH:

The CNN welcome announcement is AVAILABLE HERE.

Wallace was not the first departure.  The increased public awareness of the manipulative construct that is Fox News (writ large) is the same reason why Steve Hayes and Jonah Goldberg were released.  That is also the same motive for Fox hiring Dan Bongino.

Although it is yet to be announced, the Fox News contracts for Sean Hannity and Laura Ingraham also will not be renewed after their current terms expire.   With more people finding more places where genuine source material facts are cited with sunlight, the ability for controlled opposition pundits to thrive is demonstrably lessened.

Traditional cable news is modifying itself accordingly with subscription based services.

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Several people have emailed asking for opinion on the Yahoo News article [READ HERE] outlining Ali Watkins as a victim of the horrible investigative apparatus that targets journalists who are involved in leaking and denying leaking, “Top Secret, Classified Information” from their narrative engineering positions.  {{Insert Eyeroll Here}}

Having read the lengthy article a few times, there are some interesting aspects and also a lot of nonsense in the grand scheme of things.  The motive for the article appears to be a defense against government investigating journalists, and a sub-sector of one of the intelligence agencies (Customs and Border Patrol) having a semi-rogue actor named Jeffrey Rambo. Ali Watkins was contacted by Rambo in 2017 based on his discovery of her connection to Senate Intelligence Committee Security Director James Wolfe.

You have to read the article [HERE] to see where the author, Jana Winter, is coming from.   Overall, the article is a little weird and defensive, and frames a position that secretive U.S. government agencies should not be conducting surveillance on U.S. journalists.   Much of the article is not too interesting to anyone who is not a journalist. However, there are a few parts worth noting. One paragraph specifically, which I’ll get to.

First… The author Mrs. Jana Winter and Ali Watkins are lying about a very key point.  Watkins claims James Wolfe never leaked any classified information to her, and Jana Winter makes that point repeatedly.  This is a lie, they are liars – [sue me].    James Wolfe did leak classified information to Ali Watkins, who was writing for Buzzfeed at the time, which Watkins then shared with her friends and peers in the media.   One specific classified leak was the Carter Page FISA application, which Wolfe leaked to Watkins in March of 2017.

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I’m only posting this brief video from Joe Biden’s statement yesterday as yet another example of how ideological Democrats espouse support for democracy yet take action to nullify democracy they don’t like.

When the majority of American people articulate positions leftists support, democrats call that democracy. However, when the majority of American people articulate positions that leftists do not support, democrats call that extremism.

When questioned about what Joe Biden would do if the Senate passed legislation to remove his vaccine mandate passes the house of representatives, the White House said Thursday Biden would veto the bill and ignore it.  Less than 24 hours later, Joe Biden was warning his audience about autocrats undermining democracy.

Nobody, and I mean n.o.b.o.d.y, ever calls out these people, specifically Democrats in leadership like Joe Biden for this hypocrisy.

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I would remind everyone of another example given by Joe Biden in September.

In this next semi-coherent 90 second soundbite; the content of which flies over the head of the provider, Politico; Joe Biden is telling the media about his conversations with Chinese Chairman Xi Jinping and Russian President Vladimir Putin.

Biden says that both Xi and Putin are “autocrats” who dictate to the citizens of their nations, and in conversation with them – those leaders have questioned the viability of ‘western democracy‘ in an era where polarization of the electorate is so extreme.   Biden is calling them “autocrats” and trying to defend “democracy”…. ok, you with me? Now, WATCH:

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New York Governor, Comrade Kathy Hochul, delivered an order today mandating mask-wearing indoors throughout the state of New York.

You will take a knee, wrap your face and be compliant… or else.  It’s for your own good comrade citizen. WATCH:

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President Trump economic policy -vs- Joe Biden economic policy

When wages (blue line) are above inflation (red line) our income is growing, life is good and the working class has more disposable income to enjoy life.  However, when wages (blue line) are lower than inflation (red line) our income is shrinking, life is a struggle and the working class has less disposable income to enjoy life.

♦ Point One – Nothing happens accidentally. The road to a “service-driven economy” is paved with a great disparity between financial classes. The wealth gap is directly related to the inability of the middle class to thrive.

♦ Point Two – There is nothing of value behind the obtuse term “service-driven economy.” The multinationals are paying for this administration, just like they paid the Obama administration; paying for economic policy that advances their interests.  Congress goes along with the K-Street demands, because Wall Street is now the primary benefactor of legislative intent. Nothing about their effort is done with American interests in mind.

To go deep, keep reading.

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At the most troubling level, Joe Biden believes what people tell him to say for the reason they tell him to say it.  This reality underscores the reason why Barack Obama’s network selected Biden as their disposable front man in 2020.  Biden sounds convinced, because Biden is convinced.  He’s wrong, factually and fundamentally wrong, but he believes what he repeats in public.

The most painfully obvious examples of this dynamic are present when Joe Biden explains economic things based on what other people have told him.  The guy really is the modern personification of the naked emperor parading around to show off an invisible coat that he genuinely believes he’s wearing. The self-deception would be embarrassing except for the fact he is only deceiving himself; so people laugh…. but this is dangerous.

Questioned today about inflation, Joe Biden starts talking about his Build Back Better program.  It really is worth watching to see how oddly emphatic he is in the belief that if government pays for a thing (childcare, healthcare, prescriptions) the cost of that thing somehow mysteriously disappears.

Biden believes that if government subsidizes something there is no longer a cost associated with it.  He believes this.

Setting aside the historic fact/truth that anything government pays or subsidizes ultimately costs more, the real cognitive dissonance in Biden’s worldview is that any cost associate with a ‘thing‘ disappears if the government pays for that ‘thing’.   From that bizarre viewpoint, the disappearance of public expense for that government subsidized thing then creates “deflation”, or a lowering in overall prices.

This claim is abject nonsense.  Truly and genuinely batshit crazy nonsense.

Example.  According to Joe Biden’s talking point: if government pays for college education, the price of a college student’s car drops.  It doesn’t.  To make that claim is absurd in the extreme.   The college student may have more money to pay for a car if they are not paying for tuition, but the car itself doesn’t change in price.

A person may have more money to pay for groceries if they are not paying for childcare expenses, but the price of the groceries doesn’t change.   The inflation on the prices of products at the grocery store does not change just because some families no longer have daycare expenses.   But Joe Biden believes it does.   (more…)

In the aftermath of the White House demanding that media pundits put a positive spin on economic news, the National Economic Council Chairman, Brian Deese, appears at the Brady Room podium today [Full Video Here] to put the finishing touches on their Potemkin village of economics.

The statistics cited by Deese were jaw dropping in the level of spin used to create them.  First, the economic council cite their own national employment forecasts for economic recovery (under their ‘American Rescue Plan’), then celebrate they are ahead of schedule for a timeline they created.

When asked about inflation, Deese then proclaims he is not going to get into the business of economic predictions; which the media just accept without reminding him that his economic policies are entirely based on his own predictions… which he just cited in the prior moment of self-congratulation.  Additionally, according to Deese (without any citation to demonstrate validity for his claim), the NEC Chairman says “real household income” is at its pre-pandemic level; which seems highly unlikely given the scale of inflation.

When asked if inflation will continue into next year, Deese refused to answer the question.  Keep in mind, the discussion of inflation is a percentage of change from a previous price 12 months earlier.  If an item doubles in price this year (from $2 to $4), and then goes up to $4.50 in the following year, you can claim that inflation is dramatically decreasing.  However, that does not mean prices will ever return to the prior level, or that the next year price is any more affordable.  WATCH:

The fact remains that White House energy, regulatory, fiscal and monetary policies are devastating for Main Street.  All of those policies impact the domestic economy with increased costs from field to fork.

Cumulatively, all of the White House economic policies are increasing housing costs, transportation costs, medical costs, food costs, retail costs and service costs.  At the same time, wages are only modestly rising to keep up with those massive cost increases.  No amount of spin is going to stop the reality of the inflation storm from hitting U.S. consumers.

As we shared during the Obama-era baseline budget spending and deficit mess: “Half of something you just quadrupled is not less than you started with.”

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Verdict GUILTY

UPDATE: Guilty on five of six counts for filing a false police report related to the hoax racist attack he claimed to suffer at the hands of two men in January 2019

According to numerous media reports, the jury in the Jussie Smollett fake hate crime case has reached a verdict.

The jury verdict is expected around 6:00pm EDT.

(LA Times) – […] The jury deliberated about eight hours Wednesday and Thursday after a roughly one-week trial in which two brothers testified that Smollett recruited them to fake the attack near his home in downtown Chicago in January 2019. They said Smollett orchestrated the hoax, telling them to put a noose around his neck and rough him up in view of a surveillance camera, and that he said he wanted video of the hoax made public via social media. (read more)