Quantcast

November Jobs Report Massively Misses Expectations, 210k Added vs 535k Anticipated, Financial Media Confused

The financial punditry class are befuddled, confused and perplexed. The Bureau of Labor and Statistics released the November jobs report [data here] showing a six figure miss from expectations.  Economists were expecting around 535,000 additional jobs; however, the U.S. added only 210,000 jobs according to the new data.

The situation itself is not that difficult to understand when you look at Main Street.  However, so many of the professional punditry class are confused because they only focus on the Wall Street economy, their only prism of reference for the last several decades.

Americans are preparing, cutting back and hunkering down from the Hurricane that is Joe Biden’s inflation.

Inside the jobs numbers, you will note the areas where consumer spending contraction first hits: retail, luxury, leisure and hospitality, is the area where November employment was flat or jobs were lost.   DUH!

The ‘retail sectorlost 20,000 jobs in November.  Think about that.  What usually happens in November?  People are hired to handle holiday seasonal shopping…. but they weren’t… why not?  The professional economic punditry cannot figure it out, so they avoid those questions entirely.  Those questions hold the key to unlocking the understanding.  Does the “pretending not to know things” ring familiar?

The damn jobs report is simply reflecting how Main Street USA workers, consumers, spenders and survivors live when gasoline, energy and food costs necessarily skyrocket.  The November employment results are a reflection of the blue collar prepper mindset.  This is not hard to figure out.   As long as inflation continues to hit items that cannot be avoided, at a level that is two to five times the rate of wage growth, decisions are made that are based on checkbook economics.

The cognitive dissonance is quite remarkable look:

(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…)

Federal Judge Expands Healthcare Worker Vaccine Mandate Injunction to Apply Nationally

Another win against the federal vaccine mandate.  The latest injunction against the Biden administration’s healthcare worker vaccine mandate was written by Judge Terry A. Doughty of Louisiana [View Here]. This injunction expands the prior order to cover all healthcare workers nationally.

On Monday a federal court in Missouri delivered an injunction that covered ten states; however, this ruling is written to extend block the CMS healthcare rule on a national basis – against Joe Biden’s decision to require all health workers in hospitals and nursing homes to receive their first shot by Dec. 6 and to be fully vaccinated by Jan. 4.  [Ruling Here]

However, with these rulings piling up against the White House; and with more and more Americans ignoring the fear porn being attempted with Omicron; we can expect the executive branch to go even stronger in the direction of more punitive punishment using federal mandates. Watch for it…

(more…)

Federal Judge Blocks Biden Healthcare Worker Vaccine Mandate

A federal judge in the Eastern District of Missouri has blocked the federal vaccine mandate contained in the medicare and medicaid rules for healthcare workers.  [pdf ruling available here] Previously the Centers for Medicare & Medicaid Services (CMMS) issued a regulation requiring healthcare workers at facilities participating in Medicare and Medicaid to get vaccinated. This ruling is even more influential, as the workers protected in the ten states are specifically inside the healthcare industry.

(Business Insider) […] Judge Matthew Schelp of the Eastern District of Missouri issued the preliminary injunction for workers at Medicare- and Medicaid-certified medical facilities in Alaska, Arkansas, Iowa, Kansas, Missouri, New Hampshire, Nebraska, Wyoming, and North and South Dakota, court documents said.

The 10 states had sued the Biden administration, saying the vaccine mandate was unconstitutional.

Schelp — whom President Donald Trump nominated to the bench in 2019 — said the public would benefit from the ruling “because it would ensure that federal agencies do not extend their power beyond the express delegation from Congress.”  […] The Medicare and Medicaid regulation is what Monday’s ruling was about. The agency has said that rule affects 17 million workers at 76,000 healthcare facilities nationwide. (read more)

Hopefully the judicial commonsense becomes, well, more common.

 

Sunday Talks, Fear Mongering Fauci Warns of More Lockdowns, Too Soon To Tell

The fabulously fraudulent fear mongering fiend known as Anthony Fauci was all over television today proclaiming the pending horribleness from Omicron, the latest and greatest of Fauci’s variants.

In this soundbite the vertically challenged little fellas are talking shop about new lockdowns.

More Fauci appearances below, if you can stomach them.

(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…)

Australian Northern Territory Chief Minister States He is Not Harming Aboriginal People, He is Protecting Them With Forced Vaccinations

If you had only made me a better sandwich, I would not have been forced to slam you into the kitchen cabinets.” Unfortunately, that phrase -or a similar version thereof- has been heard by a number of people reading this update on the happenings in Australia.  If you understand the mindset, the sentiment expressed needs no explanation.

The Chief Minister for the Northern Territory of Australia is a fast-talking little man of notoriously intemperate disposition named Michael Gunner.

After several reports surfaced both nationally and internationally, sharing first-hand accounts of the Aboriginal people in region, Minister Gunner announces publicly that he is not harming the native aboriginal tribes with his mandatory vaccination program.  Gunner has activated the Australian Defense Forces, aka the Australian military, to round up the tribes in an effort to save them from the virus.  WATCH:

.

There are no stable-minded leaders anywhere in the world who talk like this in public. None.  “The more he spoke of his honor, the faster we counted the spoons.”

If the culture you are attempting to preserve has been around for at least 10,000 years, far longer than your presence in their company, you might consider their natural tribal longevity in the policy you inflict.  Of course, in the modern era of COVID madness, the mini fascists have lost all connection to common sense.

Viewers may want to watch the next video below to see the issue is in the region.  This message is not from the “basement of a house in Florida“, and pro-tip to Mr. Gunner, Florida houses do not have basements.

(more…)

Think Carefully About Accepting The Concept of Vaccine Passports

As the architects of the Build Back Better society assist you in creating easier ways to show your vaccinated and compliant status, perhaps it is prudent to pause and think about the discussions that take place behind the opaque glass doors.

Right now, as you are reading this, under the guise of enhancing your safety, the U.S. federal government is in discussions with multinational corporations and employers of citizens to create a more efficient process for you to register your vaccine compliance.

You may know their conversation under the terminology of a COVID passport. The current goal is to make a system for you to show your authorized work status; which, as you know, is based on your obedience to a mandated vaccine.

Rumble Video Warning – View HERE

Beta tests are being conducted in various nations, each with different perspectives and constitutional limitations based on pesky archaic rules and laws that govern freedom. For the western, or for lack of a better word ‘democratic‘ outlook, Australia is leading the way with their technological system of vaccination check points and registered state/national vaccination status tied to your registration identification.

The checkpoints are essentially gateways where QR codes are being scanned from the cell phones of the compliant vaccinated citizen. Yes comrades, there’s an App for that.

Currently the vaccine status scans are registered by happy compliance workers, greeters at the entry to the business or venue. Indeed, the WalMart greeter has a new gadget to scan your phone prior to allowing you custody of a shopping cart.

(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…)