As expected, the Federal Reserve has raised interest rates .50%.  However, inflation is expected to remain high as prior spending debt bubble remains in place.

WASHINGTON, May 4 (Reuters) – The Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 years, and the U.S. central bank’s chief made an appeal to Americans struggling with high inflation to be patient while officials take the hard measures to bring it under control. (read more)

Within hours of the announcement, major U.S. banks including JPMorgan Chase & Co, Wells Fargo Bank and Citibank raised their prime rate to 4%, effective Thursday.

The timing of the rate increase is what was expected.  Last year’s inflation spikes started appearing in June of 2021.  By delaying the 2022 FED response until right now, the political operatives in control of U.S. monetary policy create a scenario where the Fed impact will appear to surface in June of 2022. Exactly one year from the date of the first wave of inflation from the prior COVID spend.

Year-over-year inflation will statistically begin to give the appearance of moderation, once the June (’21) to June (’22) comparison cycle arrives.  The Fed and White House will use the intentionally timed statistical outcome to claim inflation is diminishing.  It’s a political trick we expected.

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Perhaps in the grand scheme of all things facing us, this action by New Jersey may seem a little silly; however, it’s still nuts.

Comrades, starting today it is illegal in New Jersey to have plastic or paper bags in stores for shoppers.  Additionally, restaurants, cafeterias and food trucks are forbidden to serve take-out food in Styrofoam-like products. Also, all retailers must stop selling polystyrene foam products like plates and cups.  Drinking straws require a permit for restricted distribution as monitored by the Department of Health.

To ensure legal compliance within the Garden State, officials in New Jersey have established a snitch hotline for citizens to call the Dept of Environmental Police (DEP) and report dissident violators, while the state ministry of citizen compliance have created a “WARN DEP” app to facilitate easier snitching on your neighbors if you spot them using contraband containers.

“The ban will go into effect [May 4th] nearly 18 months after the law was signed by Gov. Phil Murphy.” ARTICLE

We cannot get to environmental justice without citizen participation, comrades.

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If we thought the rage-filled apoplectic leftist meltdowns were bad about the Twitter purchase before….. whoooo doggies, them splodey’ heads are going to erupt even bigger now.

According to Truth Social CEO Devin Nunes, former President Donald Trump encouraged billionaire Elon Musk to purchase Twitter to help bring free speech emphasis back to social media.  {Direct Rumble Link} WATCH:

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CTH has been watching carefully for several weeks; looking, reading and observing the expressed priorities of Elon Musk in an effort to evaluate his free speech intents and purposes.  After careful and cautious consideration, I can now say Elon Musk is the closest thing to John Galt in our lifetime.

Today, Mr. Musk drew attention to one of the central cancers. Musk is highlighting the strategy leftists use to target corporations, demand they withdraw advertising dollars, and force them into compliance against any unapproved platform designated by the woke mob.

[CNN Story Here – MMfA Letter Here – Elon Musk Tweet Link Here]

David Brock’s Media Matters for America (MMFA) has organized an activist campaign against companies who advertise on Twitter. [SEE LETTER HERE]  Their intent is to assemble all of the radical activist groups, directly target any company who would advertise on Twitter and by extension force woke compliance by the social media platform Musk is purchasing.

The letter urges advertisers to make their next ad deals with Twitter contingent on changes to platform policy under Mr Musk.  However, Musk is pushing back against the effort by asking, “who funds these organizations that want to control your access to information? Let’s investigate.” He then goes on to tweet, “Sunlight is the best disinfectant.”

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A few hours ago, the installed occupant of the white house delivered impromptu remarks to the press concerning a leaked draft from a pending Supreme Court decision. [Video and Transcript Below]

[Transcript] – Q What do you think of the ruling — or the draft that leaked, sir?

THE PRESIDENT: “Well, first of all, I just got a call saying that it’s been announced that it is a real draft, but it doesn’t represent who’s going to vote for it yet. I hope there are not enough votes for it.

It’s the main reason why I worked so hard to keep Robert Bork off the Court. It reflects his view almost — almost word — anyway.

Look, the idea that — it concerns me a great deal that we’re going to, after 50 years, decide a woman does not have a right to choose within the limits of the Supreme Court decision in Casey, number one.”

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The U.S. Supreme Court has issued the following statement:

Supreme Court – “Yesterday, a news organization published a copy of a draft opinion in a pending case. Justices circulate draft opinions internally as a routine and essential part of the Court’s confidential deliberative work. Although the document described in yesterday’s reports is authentic, it does not represent a decision by the Court or the final position of any member on the issues in the case.

Chief Justice John G. Roberts, Jr., provided the following statement:

“To the extent this betrayal of the confidences of the Court was intended to undermine the integrity of our operations, it will not succeed. The work of the Court will not be affected in any way.

We at the Court are blessed to have a workforce – permanent employees and law clerks alike – intensely loyal to the institution and dedicated to the rule of law. Court employees have an exemplary and important tradition of respecting the confidentiality of the judicial process and upholding the trust of the Court. This was a singular and egregious breach of that trust that is an affront to the Court and the community of public servants who work here.

I have directed the Marshal of the Court to launch an investigation into the source of the leak.” (LINK)

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The scale of the illegal alien influx into the United States is starting to get more attention.  One of the reasons for the increased spotlight is the scale of the numbers DHS is forced to admit.

In this brief video segment {Direct Rumble Link} DHS Secretary Alejandro Mayorkas admits since January 21st: 836,000 released illegal aliens, plus 207,000 unaccompanied children (UAC’s), plus 200k to 400,000 that got away and avoided detention.  Add that up and we have 1.3 to 1.6 million illegal aliens through the southern border in the last three months.  WATCH:

That 1.3 to 1.6 million DHS admitted estimate is since January 21st.  The general scale is around 500,000/month.   That scale aligns with the DHS projections of 18,000 per day moving forward after Title 42 is dropped.  18,000/day equals 500,000/month.

There’s no reason to believe the numbers were less in the month of January, so we can add another 500k to the currently admitted number of 1.3 to 1.6 million.  Putting the current year illegal alien releases around 2 million through the end of April, with a projected 4 million more to come this year.

That’s a total of 6 million illegal aliens in just 2022.   The current illegal alien population, already inside the United States, is well north of 40 million, likely closer to 50 million.

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Joe Biden has asked congress for two supplemental spending packages, $33 billion for the Ukraine/NATO money laundering operation (supported by both wings of the DC UniParty), and an additional $22 billion to deal with COVID, ie the money DC will use to send to states for another round of mail-in ballots for the November mid-terms.

Hillary Clinton’s former Vice-Presidential running mate, Virginia Senator Tim Kaine, appeared on CBS Face the Nation to discuss.  As noted by Senator Kaine, the Senate will happily authorize the $33 billion for Ukraine; however, the COVID spending bill will more likely run into resistance from the Republicans in the Senate who want to extract some of their own Wall Street priorities.

The forward-looking solution, as it appears from the Kaine perspective, is for Mitch McConnell and Chuck Schumer to work out a deal where both spending packages are bundled. This approach gives cover to the DeceptiCon wing of the republicans to support the COVID mail-in ballot funding scheme, in order to keep their UniParty proxy war in Ukraine fully funded.  WATCH:

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If you are not familiar with Cass Sunstein’s wife, Samantha Power, I would suggest spending some time on any search feature of the internet.  Power is the archetype ideological traveler within the academic peer group of the Obama team.  Former U.N. Ambassador Power is the person who takes the ideological theory [example Responsibility to Protect (R2P)], and then constructs the mechanisms and network to turn theory into applicable policy.

Samantha put down the filtered Brazilian rainwater coffee this morning and gave a few interviews, that are rather telling of what is going on in the background of the Biden administration.  Discussing Ukraine {Direct Rumble Link} Power let it slip that the absence of industrial fertilizer is a good thing because in the spirit of “never letting a crisis go to waste,” the transition of food growing to more “sustainable farming” through organic fertilizer is a key transition for the bigger picture issue of Climate Change.  WATCH:

Samantha is the prototype backpack, academic, Birkenstock traveler who all model U.N. types view as the person to emulate.  She’s a sustainable algae  cake eater, who bridges the space between the Kennedy Center ballroom crowd and the cross-legged, sitting on the grass, NYU commons activists.

A very dangerous mind, with no practical skills beyond very dangerous ideological theory.

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House Speaker Nancy Pelosi led a quietly organized trip with a small group of senior House Democrats, including Foreign Affairs Committee Chair Gregory Meeks (D-N.Y.), Intelligence Committee Chair Adam Schiff (D-Calif.), and Rules Committee Chair Jim McGovern (D-Mass.) to Ukraine.

The trip comes as Joe Biden is asking congress for an additional $33 billion in aid to fund the government of Volodymyr Zelenskyy, bringing the total U.S. taxpayer laundry operation to around $50 billion.  Pelosi and Schiff likely setting up the mechanics for the distribution of funds to include congressional family indulgency fees, or Fourth Branch brokerage costs.

“Our delegation traveled to Kyiv to send an unmistakable and resounding message to the entire world: America stands firmly with Ukraine,” the group said in a statement. “When we return to the United States, we will do so further informed, deeply inspired and ready to do what is needed to help the Ukrainian people as they defend democracy for their nation and for the world.” (link)

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