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Saturday July 23rd, Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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Tucker Carlson Interviews Steve Bannon After His DC Court Political Conviction for Contempt of Congress (Video)

Steve Bannon appears for an interview with Tucker Carlson to discuss his contempt of congress conviction hours earlier.  After the guilty verdict Bannon reaffirms: “I support Trump and the Constitution and I’m not backing off one inch. If I go to jail so be it.”  {Direct Rumble Link}

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President Trump MAGA Rally, Prescott Valley, Arizona – 10:00pm ET Livestream

We need a MAGA rally.  Our nation needs a boost of patriotism and pragmatic commonsense. Tonight, President Trump travels to Prescott Valley, Arizona, to hold a MAGA rally in support of Kari Lake for governor and Blake Masters for the U.S. Senate.

The GOPe wing of the UniParty has positioned Arizona as the tip of the counterattack spear against the base voters of the republican party.  Mike Pence is also in Arizona today attempting to use the insider resources to assist Kari Lake’s opponent.  Arizona is the battleground as the primary race looms on August 2nd.

Tonight’s Trump rally is being broadcast and livestreamed on the Rumble platform. Links below:

RSBN Rumble Livestream Link – Trump Campaign Rumble Livestream – Alternate Rumble Livestream

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DC Jury Finds Steve Bannon Guilty of Contempt of Congress, for Failure to Give Deposition and Failure to Provide Documents to J6 Committee

Former President Trump campaign and White House senior advisor, Steve Bannon, has been found guilty on two political charges of contempt of congress by a DC jury, for failing to appear for a deposition with the J6 committee, and failure to provide documents to the J6 committee. [Media Report]

It is worth noting that no one, until now, is ever charged by the U.S. Justice Dept in a “contempt of congress” issue, including former U.S. Attorney General Eric Holder who was similarly found in contempt of congress.  The current DOJ and FBI are fully compromised political tools of a corrupt DC system of justice.

Steve Bannon and his legal team made a statement outside the court after the jury decision.  WATCH: 

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A dual justice system is the outcome of a banana republic form of government.  The Obama and Biden administrations have thoroughly corrupted the justice system.  The FBI and DOJ are institutionally corrupt.   Their Lawfare approaches can only function with the assistance of politically corrupt DC courts.

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U.S. Business Activity Contracts in July for Both Goods and Services

Purchasing managers for both goods and services are reporting a strong contraction in orders.  The decline in goods has been subtle up to this point, with June and July now reflecting a significant change to the negative.  More concerning is the severe change on the service side.

Contraction within business activity is now happening in almost all sectors of the economy.

Bloomberg Reports – US business activity contracted in July for the first time in more than two years as manufacturers and service providers signaled sluggish demand that only adds to heightened recession anxieties.

The S&P Global flash composite purchasing managers output index slid 4.8 points to 47.5, the weakest reading since May 2020, the group reported Friday. Outside of the early months of the pandemic, the July figure is the weakest in data back to 2009. Readings below 50 indicate contraction. 

[…]  “The preliminary PMI data for July point to a worrying deterioration in the economy,” Chris Williamson, chief business economist at S&P Global Market Intelligence, said in a statement.

“Manufacturing has stalled and the service sector’s rebound from the pandemic has gone into reverse, as the tailwind of pent-up demand has been overcome by the rising cost of living, higher interest rates and growing gloom about the economic outlook,” Williamson said.

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July 22nd – 2022 Presidential Politics – Resistance Day 549

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the JoeBama Administration and Presidency.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”

“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”

~ Mike Vanderboegh

This thread will refresh daily and appear above the Open Discussion Thread.

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Friday July 22nd – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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Subtle as a Brick Through a Window, U.S. Media Starts Reshaping Corrupt Ukraine Narrative

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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What Exactly Do the Officials Mean by “Managing the Transition”, Here is What They Will Not Say Openly

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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July 21st – 2022 Presidential Politics – Resistance Day 548

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the JoeBama Administration and Presidency.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”

“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”

~ Mike Vanderboegh

This thread will refresh daily and appear above the Open Discussion Thread.

(more…)