The federal reserve has announced they will support the economic agenda of the Biden administration by allowing rapid inflation.  The FED is trying to provide cover for JoeBama’s economic plan.  The era when the FED could impact inflation is long past.  However, the Joe Biden policy impact will be clear, immediate and concise.  The U.S. middle-class and blue-collar worker are about to be crushed under rising prices for consumable products.

Increases in inflation hit the working class (Main St) much harder than the investment class (Wall St) and financial elites.  Factually the multinationals benefit from U.S. inflation as it puts pressure on domestic companies to ship their manufacturing overseas.  Wall Street likes that.  This dynamic has been an issue not-discussed by the financial media for decades.   First, the Reuters article (when you see “commodity prices” think about the term “consumables”):

REUTERS – The U.S. Federal Reserve has signaled it will tolerate faster inflation for a time to cement the post-pandemic recovery and boost employment, but the side effect is likely to be a faster rise in commodity prices.

[…]  After its latest meeting on Wednesday, the Federal Open Market Committee confirmed it will seek to achieve the *twin objectives of maximum employment and inflation at the rate of 2% over the longer run.

[*NOTE: in the new era of global economics these two are mutually exclusive.  The FED is intentionally ignoring this point.]

[…] The committee noted price rises have been running persistently below target, so it aims to achieve inflation moderately above 2% for some time to make up the shortfall and anchor expectations at around the 2% level.

[…]  The plan is to run the economy hot to achieve faster job gains, especially among disadvantaged groups that are marginally attached to the labour force, before shifting back to inflation control later in the cycle.

But the resulting pressure on global supply chains while the Fed pursues employment increases is likely to generate significantly quicker price rises for raw materials and a range of manufactured items. (read more)

This perspective is fundamentally false and based on assumptions that are decades old economic arguments.  The reality of what will happen is exactly the opposite on the employment front.

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Wow, all your children are belong to us.  West Virginia Governor Jim Justice made an announcement today his administration will pay $100 savings bonds to anyone aged 16 to 35 who will take the COVID-19 vaccine.

Fearing that forty percent of the West Virginia population might not get vaccinated, the West Virginia governor has announced he will give a one hundred dollar savings bond to everyone aged 16 to 35.   The money will come from the CARES Act funding.  “They’re not taking vaccines as fast as we’d like them to take them,” Gov. Justice said. “If we really want to move the needle, we’ve got to get our younger people vaccinated.”  The segment starts at 23:40 of the broadcast below (prompted):

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Keep in mind this is not an FDA approved vaccine; it is being distributed under the Emergency Use Authorization.  How does parental consent apply to this new government program?

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Let’s start by being intentionally direct with each other. The JoeBama tax proposals are not accidental or misguided; far from it.  The intent of Obama’s third term economic policy is to return to forced globalism and diminished U.S. middle-class prosperity…. the often mentioned “service driven economy.”

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.

Let me also be clear… Ever since I put forth the explanations of “A New Dimension in American Economics” I have been contacted by several prominent people within the financial institutions and academic sphere who agree with the principle. However, every single person states there is too much risk in explaining the intent and motive behind the curtain.

What JoeBama is proposing in his tax plan is specifically intended to rapidly advance the interests of Wall Street and corporate multinationals. Before getting to the baseline of how, let’s first look at his proposals as purposefully leaked:

WASHINGTON (Reuters) -President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.

The plan is part of the White House’s push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden’s ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million.

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CTH will continue pointing out the merge of Government and Multinationals while Conservative Inc and Republicans run from criticism of their K-Street masters.

Let us start by taking a look at this specific point about COVID vaccination passports:

The people behind the JoeBama administration do not need to step on the hot-button issue of ‘vaccine passports’ because they already have ideological allies working on the issue.  Remember that phone call with 100 multinational corporations a few days ago?  Why would a Marxist government need to engage in an issue highly charged with politics, when they can just farm-out the same outcome to their Marxist corporate allies?

Hopefully people can see what is happening here.

There are trillions at stake.  Those trillions need to engage in control mechanisms to retain their position.  The multinational corporations know how financially lucrative COVID compliance is.  Those same multinationals are setting up the parameters for control in the exact same manner the U.S. government would.  The ideological multinationals and the ideological JoeBama administration are working in concert.

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The Bureau of Labor Statistics highlights some alarming inflation numbers today [Link Here] that are unfortunately, not unexpected…. unless you are a liberally trained economist (most of them) and so the results are surprisingly “unexpected”.    But the actual JoeBama-nomic policy is even worse because wages increased less than inflation increased, so real wages (actual purchasing power) decreased.  That spells trouble, Trouble.

Middle-class wage earners already know this problem; you are seeing it at the gas pumps and at the grocery store.  Fuel prices are rapidly increasing and the amount of inflation in the ‘at home’ food industry (grocery store) is even more concerning.

Let me first walk through the data and then provide some forward analysis with tips to help you offset what is about to hit.

First, it is important to know that BLS price survey data lags actual prices as felt today.  The prices you are seeing today/tommorrow at the store and gas pump will not show up in the rolled-up data for over a month….  So the data released today is unfortunately far behind what you are witnessing in real time.

Gas prices rose last month by 9.1%.  The year-over-year inflation number is an alarming 2.6 percent last month.  Keep in mind that retail grocery prices are not in the inflation number, and they generally follow the same price index as fuel; so it is safe to say monthly grocery store price increases are in the 8 to 10 percent range.

Part of the reason gas and food track together is fuel and energy prices are the #2 cost within the food sector.  With packaging prices increasing; with fuel prices and distribution costs increasing; with energy prices increasing; all costs associated with food production, processing, delivery, warehousing and distribution, all end up in the final price at the grocery store.

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Y’all are smart.  You are part of the three percent who really understand.  Consider if you will, the backdrop of current U.S. politics; the influence of Wall Street and the multinationals who align with globalism; the reality of K-Street lobbyists writing the physical legislation that politicians sell to Americans; and then overlay what you are witnessing as those same multinationals now attack the foundation of our constitutional republic.

Think about the bigger picture, the progressive picture, the ultimate goal and the explanation of my oft mentioned catchphrase “there are trillions at stake.”

Then, perhaps, just perhaps, take a few minutes to re-watch this segment from a movie circa 1976.  Replace Ned Beatty with Donald Trump… The issues are identical.  It has been thus since the rise of the multinationals:

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Recently there have been many critics of President Trump; many people proclaiming that President Trump did not do enough to block, impede, stop and counteract the globalist forces that are aligned against his effort to Make America Great Again.   There are people who proclaim that Donald J Trump should have been more wise in his counsel; more selective in his cabinet.  Let me be clear….

I will never join that crew of Trump critics because I understand his adversary.  I understand the scope of the enemy, the scale of the war, the financial and economic power of the opposition, and the effort it will take to stop decades of willful blindness amid 97% of the American people.   I also see exactly what they are doing now, even with President Trump forcefully removed from office, to destroy the threat he still represents.

Donald J Trump was/is a walking red-pill; a “touchstone”: a visible, empirical test or criterion for determining the quality or genuineness of anything political.  I have been deep enough into the network of the Deep State to understand the scale and scope of this enemy.  To think that President Trump alone could carry the burden of correcting four decades of severe corruption of all things political, without simultaneously considering the scale of the opposition, is naive in the extreme.

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Think about the logical insanity of this position for a moment….  According to the Biden administration the economy is in trouble, people are struggling, and congress needs to spend trillions to bail out state, local and federal governments along with sending income subsidies to all Americans as the economic crisis around COVID continues.

Due to policies on energy, regulation and the COVID virus, simultaneously food prices are going higher, fuel prices are up 30 percent, overall energy prices are rising, transportation costs increasing and the inflationary impact on the middle-class is eating up their limited paychecks.

AT THIS EXACT MOMENT the same administration is now proposing a tax increase.

THINK ABOUT THE LACK OF LOGIC HERE.

(VIA AXIOS) […] The biggest-ticket item would raise the corporate rate from 21% to 28%. That’s worth $730 billion over 10 years, according to the Tax Policy Center.  The other three would:

• Impose a global minimum tax on profits from foreign subsidiaries: $550 billion.
• Tax capital gains as regular income for the wealthy and tax unrealized capital gains at death: $370 billion.
• Return the top individual rate for those making more than $400,000 to the pre-Trump rate of 39.6%: $110 billion.

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Department of Homeland Security Alejandro Mayorkas was confronted today on multiple mainstream media outlets about the complete failure of the JoeBama administration to handle a border crisis they created.   The secretary was apparently not prepared for the media to turn on him and stumbled through pathetic justifications on television.

In response, President Donald Trump released the following statement:

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Katherine Tai was confirmed by a unanimous senate vote today to become the United States Trade Representative.  The vote was 98-0.  Ambassador Tai has family connections in both Taiwan and China and replaces former USTR Robert Lighthizer.

The doctrine of President Trump was to use trade and economics to achieve diplomatic results on foreign policy and national security issues. It will be interesting to watch what happens now as the Biden Administration returns to using ideological diplomacy as the baseline… then providing economic benefits to support leftist objectives.

The rustbelt was created, and China rose to economic influence, on the political outlook once again in power in the United States.  Ideology comes first, all other things changed, modified and or considered downstream in lesser importance than the ideology.  This was how the alignment of Wall Street, Globalists and Beijing exploited Bush, Clinton-Clinton, Bush-Bush and Obama-Obama terms.  The U.S. middle-class economy suffered greatly, while Wall Street multinationals thrived.

On the positive side there will be pressure from the Bernie Sanders wing to defend American jobs.  However, that faction’s political leadership, like Bernie Sanders himself and AOC, will compromise the long-term interests of the American worker when the opportunity surfaces for personal and familial wealth.  The Sanders types, just like the union leadership, can all be bought for the right price.

Ambassador Tai has not yet made statements about whether she will advocate for steel and aluminum tariff removal, but she is a big supporter of environmental justice as it pertains to trade and economic justice.  The climate and trade issue here specifically is the potential for carbon taxes to be part of JoeBama trade policy.  How?  Well, that might look like the U.S. re-entering the Trans Pacific Partnership with a carbon trading system in place.

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U.S. Senator Tom Cotton (R-AR) presents himself as a patriot; however, he his also a tenuously positioned politician who attended the 2016 Sea Island summit to stop Trump. As an outcome, all Cotton positions, regardless of current issue-specific merit, should be reviewed carefully for self-serving benefit.

In this interview Senator Cotton discusses how China has recently targeted specific individuals within the former Trump administration for sanctions.  Cotton walks through a few examples of how the financial and economic targeting has real life consequences.

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