Quantcast

Mitch McConnell Constructs Legislative Roadmap for Democrats to Raise Debt Ceiling Unilaterally

There’s a lot of convoluted internal stuff, but essentially Mitch McConnell is going to set up a process for Democrats in the Senate to raise the debt ceiling by themselves.

Mitch will enlist the usual Decepticon suspects to change the senate rules, for one-time only, allowing democrats to raise the debt ceiling without having to enter negotiations and concessions for anything republican lawmakers want (like eliminating the Biden spending bill).

McConnell will need nine more republicans to change the process, but it looks like he’s going to be successful.

This will permit Democrats to raise the debt ceiling by approximately $2 trillion, so they can continue debate on Biden’s Build Back Better bill.   Yeah, Uniparty gonna Uniparty.

WASHINGTON DC – […] The Senate minority leader spent Tuesday selling his members on a convoluted strategy that would require at least 10 Republicans to approve legislation that would later allow Senate Democrats to raise the debt ceiling by a simple majority vote. After a leadership meeting and a Senate GOP lunch, McConnell said he’d done enough work to clinch the deal in a vote expected on Thursday. (read more)

So the Senate DeceptiCons will *claim* to be against the multi-trillion ‘Build Back Better’, fundamental change, spending bill.  Yet they will have facilitated the Democrats not having to negotiate or eliminate anything inside the BBB bill, by removing the leverage of the debt ceiling raise.  Yep, Uniparty gotta Uniparty – all courtesy of the DeceptiCon caucus.  I hate them.

President Donald Trump notes the Mitch McConnell nonsense in a statement:

(more…)

Frustrated That Omicron Fear Is Not Permeating American Psyche, White House Planning More COVID Mandates

There has been a lot of chatter behind a Washington Post report about the White House planning to introduce new COVID travel and quarantine restrictions tomorrow (Thursday).  However, tuning out the noise – remember which agency of the Fourth Branch uses the Washington Post and things make sense.

The problem for the White House is the public reaction to the new COVID variant Omicron did not meet their expectations.

The White House needs more concern, more fear, more panic to enhance their larger objective {Go Deep}.  The Biden team really need Omicron fear to permeate the American psyche, in order to achieve the Build Back Better agenda.  They desperately need it.

If people just shake it off and go about living their lives, the White House will be facing an electorate angry about inflation; that’s a problem.

The Washington Post report is framed around new international travel restrictions, increased COVID testing, and quarantine mandates as an outcome of the Omicron variant arrival.  However, given the nature of the 48 hour advanced notice provided to The WaPo, it’s likely the announcement tomorrow will contain the change that all vaccine advocates have been demanding, mandatory vaccination prior to any domestic airline travel.  Forcing domestic airline travelers to prove their vaccinated status has been a goal of the vaccine media for several months.

The worker vaccine mandate was unconstitutional federal overreach; the Biden administration knew that in advance and did it anyway because the vaccine isn’t really the end goal, it’s just a tool.  An airline traveler vaccine mandate would be similar federal overreach, and also likely to lose in court; however, that is not going to stop them from announcing one for the same reason they announced the worker vaccine mandate.

(more…)

Sunday Talks, Allianz Group Chief Economic Advisor Mohamed El-Erian Emphasizing Inflation is Not Transitory – Inflation is a Consequence of Embracing The Great Reset

FULL Analysis Below Video:

Allianz Group chief economic advisor, Mohamed El-Erian, is one of the few financial pundits who understood President Trump’s purposeful economic agenda inside the America First policy {Go Deep and Go Deep}.  However, El-Erian also has to maintain his Wall Street credibility and, like most financial pundits, has to pretend not to know things when the emperor’s new clothes -Biden economics- are being discussed.

El-Erian uses the lingo of the club as he walks carefully in the shadow of his Wall Street allies, and he has to avoid the 800lb gorilla in the room and ignore there are other newly surfacing mechanisms available to the government in their approach to inflation.  In this interview El-Erian does emphasize that inflation is not transitory, it is only going to get worse as long as the Federal Reserve keeps printing money to keep up with the massive and ongoing Democrat spending programs.

When El-Erian says the Fed needs to take their foot off the accelerator, he’s talking about how the Fed policy right now is purchasing debt (Quantative Easing) and printing money to keep up with legislative spending programs.  He knows the Biden administration will not stop this approach, they are committed to the Build Back Better program, and as a consequence El-Erian knows inflation will continue in direct proportion to that ‘demand side‘ activity.  But he cannot call it out directly – he can only say inflation will continue.

All of the Wall Street pundits know the Fed cannot hit the brakes (raise interest rates and stop purchasing debt) or else this entire manipulated economy (even on a global scale) will collapse; as El-Erian says “plunge into a recession.”  It is a tenuous house of cards the current Wall Street crew is betting to remain in place due to the ideological politics (Green New Deal, Build Back Better, etc ).

(more…)

Sensing Biden Inflation Weakness China Hits U.S. Supply Lines With Shipping Cargo Quarantine

When you are at war, you target the enemy supply lines.  A cunning move by the smart Panda targets Joe Biden’s domestic inflation vulnerability.

Beijing can see Joe Biden under internal political attack caused by massive domestic inflation.  China also knows Biden is weak strategically, handcuffed by the leftist demand for climate change / energy policy, and Beijing can see the administration trying to deflect from the consequences of their economic and energy policy.

After the U.S-China summit, used by cunning panda to size up the potential for backlash, anything China can do to further gain dominant position is now just a matter of easy chess moves on the board of dependency.

Business Insider – China’s strict COVID-19 quarantines are making it difficult for ships to change crews, contributing to lags in the shipping process that could worsen the supply chain crisis.

The country has a zero-Covid policy and is imposing ever more stringent containment measures as it tackles its latest wave of outbreaks. On Halloween night, for example, 30,000 people were locked inside Shanghai Disneyland after just one COVID-19 case was detected. And in the northern city of Shenyang, arriving overseas travelers face a 56-day quarantine.

Now, the export hub is imposing mandatory quarantines of up to seven weeks — around 49 days — for Chinese seafarers returning from overseas, Bloomberg reported. These take place in designated facilities and are typically paid for by the employers, according to information posted on various China shipping websites.

(more…)

Novavax Developing Vaccine Against Variant That Appeared 72 Hours Ago – Will Be Ready in Two Weeks, Already in Emergency Use Trials in Indonesia and Phillipines

Wow, 72 hours ago no one even heard the name Omicron variant.  Now, in less than three days, a variant has been identified, global travel has been halted, states of emergency have been declared, and now we see a pharmaceutical company announcing the variant specific vaccine trial that will begin in the U.S. in a few weeks.  This government relationship with Big Pharma is certainly generating some fast action, eh?

If a person was cynically inclined; while knowing governments’ need to control inflation yet cannot raise interest rates or stop purchasing debt because current legislative spending continues – a remarkable control option would be to halt demand; and a person might think this was suspicious, or something.

Nov 26 (Reuters) – Novavax Inc said on Friday it had started working on a version of its COVID-19 vaccine to target the variant detected in South Africa and would have the shot ready for testing and manufacturing in the next few weeks.

The company’s COVID-19 shot contains an actual version of the virus’ spike protein that cannot cause disease but can trigger the immune system. The vaccine developer said it had started developing a spike protein specifically based on the known genetic sequence of the variant, B.1.1.529.

Novavax’s vaccine received its first emergency use approval earlier this month in Indonesia followed by the Philippines. Other vaccine developers, including Germany’s BioNTech SE and Johnson & Johnson, have said they are testing the effectiveness of their shots against the new variant, which is named Omicron by the World Health Organization (read more)

(more…)

U.S. Announces New Travel Restrictions as Scientists Give New COVID Variant The Name Omicron – A Strategic New Variant Introduced to Help Offset Global Inflation

We originally outlined the new COVID-19 variant along with the international motives of the science community for delivering it HERE.  Previously the new worrisome, 10 spike, vaccine resistant variant was called “The B.1.1.529 variant“.  However, those types of names do not work well for larger fear narrative distribution.  As a result, the international scientific community has given it the name “Omicron“.  Perhaps the “Merry Christmas” variant would be culturally insensitive.

Globally, and not coincidentally –politically– the greatest challenge to those in power is a massive rise in direct inflation.  What is the quickest way to eliminate the political risks due to inflation?  Shut down demand….. lock down the economies… turn the values closed on economic activity, and then watch oil prices plummet.

As the science is told, Omicron originated in South Africa, Botswana, Zimbabwe, Namibia, Lesotho, Eswatini, Mozambique and Malawi.  Government officials around the world have responded to the Omicron variant by banning travel from those countries.  The U.K and Australia kicked off the latest round of fear porn with their travel bans.  Subsequently, fellow EU nations Austria, France, Italy, the Netherlands and Malta all announced imminent entry bans to all travelers who’ve entered South Africa and surrounding nations in the past two weeks.

In North America, Canada will be “banning the entry of foreign nationals…that have traveled through southern Africa in the last 14 days,” due to the new coronavirus variant Omicron, Health Minister Jean-Yves Duclos said at a news conference Friday. (link)  And right on cue the Biden administration joins the effort:

WHITE HOUSE – “This morning I was briefed by my chief medical advisor, Dr. Tony Fauci, and the members of our COVID response team, about the Omicron variant, which is spreading through Southern Africa. As a precautionary measure until we have more information, I am ordering additional air travel restrictions from South Africa and seven other countries. These new restrictions will take effect on November 29. As we move forward, we will continue to be guided by what the science and my medical team advises.” (more)

(more…)

Five Senate Democrats Oppose Biden Communist Nominee for Banking Position, If Accurate She’s Sunk

If the report from Axios is accurate, the nomination of communist Saule Omarova to Office of the Comptroller of the Currency is sunk.

However, this could also be viewed as an Overton window maneuver where the next radical nominated will be only slightly less communist, and thereby gain appointment.

AXIOS – […] In phone call on Wednesday, Sens. Jon Tester (D-Mont.) Mark Warner (D-Va.) and Kyrsten Sinema (D-Ariz.), all members of the Senate Banking Committee, told Sen. Sherrod Brown (D-Ohio) — the panel’s chairman — of their opposition. They’re joined in opposing her by Sens. John Hickenlooper (D-Colo.) and Mark Kelly (D-Ariz.). (more)

Senator Mark Warner’s opposition is a little unusual. Perhaps this is a downstream consequence of the recent Virginia election.  Regardless, at least this is one nomination that did not get through.   So far, Biden’s economic, energy and finance policies have been disastrous for Main Street; unfortunately, that also looks like a feature not a flaw.

Energy Secretary Touting Biden’s Oil Release Doesn’t Know How Many Barrels of Oil We Use Or Need

Eh, this is awkward… and simultaneously so typical of the current administration.   The White House trotted Energy Secretary Jennifer Granholm to the microphones today to tell the DC stenographers how brilliant, beneficial and strategically necessary it is to release 50 million barrels of oil from the Strategic Petroleum Reserve in an effort to lower gasoline prices.  The enthusiastic Energy Secretary read the script, gave her talking points and then took questions.

However, after spending 15 minutes talking about the strategic brilliance of the 50 million barrel release, one of the stenographers accidentally asked: “that said, how many barrels of oil do U.S. consumers use every day?”…   Granholm paused, looked down and said: “I don’t have that number in front of me, I’m sorry“…  WATCH:

.

♦ The amount we are giving you is so incredible and brilliant it will make everyone’s lives better.  The best ever.

♦ How much do we need?

♦ I don’t know. We didn’t get that information.  But the amount we are giving is awesome.

Yup, that’s the Biden administration encapsulated.

(more…)

Senate Banking Committee Confronts Communist Banking Nominee Saule Omarova During Confirmation Hearing

The Senate Banking, Housing, & Urban Affairs Committee held a confirmation today for Joe Biden’s communist nominee Saule Omarova to be Comptroller of the Currency.  It really is quite remarkable that Biden would nominate a person who has advocated for government control over all allocation of capital and credit in the U.S. economy.

Ms. Omarova has advocated for government intervention in the allocation of all resources used within the finance and banking system, completely reversing the free market allocation of capital in the economy.   Omarova’s position of federal control is unchanged throughout her life, yet she has attempted to add nuance and denial to a life-long history of working on this process.

Ms. Omarova is the tip of the spear in using finance and banking to implement the regulatory controls needed to support the Green New Deal, where government would intervene and deny capital to private interests who would not be in alignment with leftist energy policy and total economic change via Build Back Better.  Today she was confronted by several senators within the banking committee.  WATCH:

(more…)

Ten Term Democrat Congressional Rep G.K. Butterfield Will Not Seek Reelection, Becomes 15th Democrat to Announce Departure

The southern border is a mess, and border state Latino Democrats are switching to the Republican Party.  The Texas border region overwhelmingly increased their support for Donald Trump in the 2020 election, and are now voting for local Republican candidates.  This is the MAGA influence of Trump and the America-First Main Street realignment.

Inflation is skyrocketing and will continue getting worse through 2022.  Wage growth is nowhere near enough to keep up with food inflation.  Gas prices have almost doubled in some areas and will continue to increase due to Biden energy policy.

The Democrat regulatory environmental programs in coastal areas are creating massive supply chain issues.  Home heating costs this winter will be 60 to 70 percent higher due to Biden energy policy.

The Joe Biden vaccination mandate is creating a workforce crisis and escalating backlash created by toxic federal overreach.  Several blue states (CA, NY, IL) are losing congressional seats due to population losses, while red states are gaining congressional districts due to population growth.  Insane spending by Democrats continues without pause or consideration for the inflation they are creating.  The great ideological cleaving between Democrat communists and middle-class Americans continues.

Polling indicates there is a major storm on the horizon for Democrats, as their ideological thirst for power is transparent {link} and being rejected.  As noted by the Washington Post, “On Tuesday night, voters in Columbia, S.C., elected a Republican, Daniel Rickenmann, as their next mayor — about a year after voters in the county voted for Biden by a 38-point margin,” yet we all know the result will be attributed to racism or something equally as stupid.

Every single policy the Biden administration touches creates a crap storm of anxiety for the ‘Main Street’ American worker.  The only group benefiting from JoeBama is the same group that funds them, Wall Street.  Making matters worse, the political communists behind the policy execution are brazen in showcasing how the destruction of the American economy is their intent.

(more…)