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 †
People often wonder why few solutions are presented for the significant challenges we face. Perhaps it is worth reminding everyone what the biggest challenge really is, and it has nothing to do with Joe Biden or our political system abusers.
The biggest problem we face as a nation is our unwillingness to admit our current condition is the result of purposeful action.
Cue example # [you_fill_in_the_ blank], a visual demonstration:
The central banks did not “fail to spot” the source of inflation. The monetary policy makers did not make mistakes. The hands that guide the economic system did not screw it up, make mistakes or fail to recognize the consequences of the policy they put into place.
When they meet together at Davos for collective discussions around opportunities presented by the pandemic, the guidebook known as Build Back Better did not just organically materialize. Nor did all the western governing central bankers make the same mistakes when they followed the agreed consensus. They knew from the outset the climate change agenda would be a radical transformation of the global energy system, and as a result, the global economy.
The central banks did not collectively “fail to spot” the inflation they were creating by lowering energy production, disincentivizing energy investment, limiting energy development, shifting policy away from new production, and generally breaking the traditional energy system finances. They knew precisely what they were doing, and they did it -and continue to do it- with forethought and purpose.
This is where people mistakenly view ‘prior justifications‘ as ‘mistakes.’ When they said inflation was transitory, they were not lying about what they created. They were, however, obfuscating the length of the term “transitory.” Inflation is transitory, from where and when it started in 2021, all the way to where and when windmills, solar panels and clean energy will take over on (fill_in_date_). That is the “transition.”
Tucker Carlson used his monologue tonight to outline how intentional Joe Biden economic policies are destroying the lifestyle of the average American citizen. As Carlson notes none of this is accidental, all of these policies are being done with intent. Yet almost the entire media system and financial class, are denying the resulting outcomes.
The administration and media are not redefining a recession, they are denying one exists in order to make all of the policies permanent. WATCH:
With mail-in ballots becoming a feature of all future elections, the United States government, specifically the United States Postal Service (USPS) is now creating a permanent division inside USPS to control the delivery and return of the election ballots. Do you know the political affiliation of your mail courier?
As often said, it’s not the vote that matters, it’s the counting…. or in this instance, the collection of the votes that really matters. Democrat lawyer Mark Elias, in charge of protecting all fraudulent voting initiatives on behalf of the Democrat National Committee, is happy with the news.
Keep in mind the union representing 300,000 U.S. postal workers previously endorsed Democrat Joe Biden for president. The National Association of Letter Carriers, is a fully compromised left-wing division of the USPS.
The USPS has just created a division of NALC employees exclusively to handle mail-in voting, just in time for the mid-term election.
WASHINGTON (AP) — The United States Postal Service is creating a division to handle election mail issues as part of an effort to ensure swift and secure delivery of ballots for the 2022 midterm election, officials said Wednesday.
The idea behind the creation of the Election and Government Mail Services is to have a permanent division dedicated to dealing with election matters, instead of handling issues one at a time as in the past.
The distance between Wall Street and Main Street has never been as brutally obvious as it is today. It is simply stunning to watch the cheerleading and casual nature of the economic and financial pundits as they speak esoterically about how policies intended to reduce the U.S. economy are so wonderful.
Seriously, the disconnect in life impact has never been as stark. At least in previous times of economic contraction there was a smidgen of appreciation for the pain that unemployment and rising costs bring to the blue collar and middle-income working class. In this new era, the financial stress and visible outcomes of destroyed families are simply shrugged aside as if these are abstract consequences.
In this segment former Federal Reserve vice-chair Randal Quarles, notes with a casual flippance how the economic policies of the Biden administration are simply doing what needs to be done in order to intentionally reduce the U.S. economy. Sure, massive unemployment, in direct correlation to the scale of the inflation that precedes it, is almost certain, but hey…. the economy must be collapsed if the Build Back Better, Green New Deal, agenda is to be fully implemented. WATCH:
Maybe this flippancy seems starker because those who consider themselves outside the collateral damage impact zone were not visible in prior generations. Perhaps it is because modern technology and the information era allows us to see conversations that were previously only described in print newspapers and journals. Whatever it is, the shameless disconnect between the unaffected rulers and the proles who have to live with the consequences are far more visible today than before.
Smiling while describing a future where working men are emasculated by their inability to support their families. Smiling and shrugging while explaining a landscape where moms are worried about how to feed their children, as the checkbook in the household creates a type of stress these ‘betters’ have likely never experienced, is almost psychotic in its detachment.
Desperation is not a good situation for any society.
Worse yet, laughing in the face of desperation leads to the type of outcomes that eventually hits the ‘betters.’
The federal reserve looks carefully at the Personal Consumption Expenditures (PCE) price index when weighting inflation data. The Bureau of Economic Analysis just released the PCE index for June [DATA HERE] and the results show a 6.8% increase in June from a year ago, the largest jump in four decades.
Wage growth in the second quarter (April, May, June) was generally strong, rising 1.6%. However, it now looks like the consumption index and the wage indexes are creating their own inflationary spiral. In addition to supply-side inflation, driven by Joe Biden’s energy costs, the labor costs are now increasing substantially which adds costs on the production side of the economy.
As wages go up to keep pace with supply side inflation, the prices of goods and services produced/handled by those workers also increases. This is the inflation spiral that can get out of hand quickly. The major concern (not necessarily expressed by pundits) is the inability of any institutional economic response to offset the originating inflation caused by the energy policy. The economic team is pretending supply-side inflation created by energy policy doesn’t exist. They are only directing attention to demand side inflation.
As long as energy policy keeps driving the price of electricity, gasoline and petroleum products higher, workers need higher wages. Those wage increases, while significant in scale, still lag the rising originating prices of the goods; and the wage growth adds to the final costs. Inflation then becomes structurally embedded, hyper-inflation begins. This looks like the current situation.
“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.”
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 †
Hanover, a city in the northwest of Germany, has become the first major metropolitan area to try and reduce the use of natural gas by removing hot water from public buildings. The move comes as natural gas supplies from Russia are reduced to 20% of capacity. Germany is attempting to fill up storage facilities of natural gas in order to survive the winter.
Germany, together with several European countries, are telling their citizens to expect large increases in their electricity bills as energy costs continue to skyrocket.
Germany does not have any LNG terminals to receive shipments of natural gas into ports, they are dependent on pipelines from Russia. They are urgently trying to reduce the current amount of natural gas being consumed.
(Via Daily Mail) – […] Other desperate gas-saving measures include switching off public fountains and blacking out night-time lights on major buildings such as the town hall and museums. The city’s mayor, Belit Onay, spoke of an ‘imminent gas shortage’ that meant they had to reduce the city’s energy consumption by 15 per cent.
[…] There will also be a ban on portable air conditioners, heaters and radiators among the general populace as the average German begins to pay a price for standing up to the Russian dictator.
[…] Germany, like most of Europe, has been enjoying a hot summer which should soften the blow of the cold showers, but public officials are introducing the measures now in fear of what awaits them when the season turns.
The world’s largest chemical company, BASF, has announced they will cut down the production of ammonia in order to use less natural gas.
In the short term this will help Germany build up natural gas supplies to survive a cold winter with predicted rationing still planned. However, in the long term the shortage of ammonia means less fertilizer which will mean future shortages and increased costs for farmers; ultimately creating lower yields next year.
FRANKFURT, July 27 (Reuters) – Germany’s BASF (BASFn.DE), the world’s largest chemical company, is cutting ammonia production further due to soaring natural gas prices, it said on Wednesday, with potential ramifications from farming to fizzy drinks.
Germany’s biggest ammonia maker SKW Piesteritz and number four Ineos also said they could not rule out production cuts as the country grapples with disruption to Russian gas supplies.
Ammonia plays a key role in the manufacturing of fertiliser, engineering plastics and diesel exhaust fluid. Its production also yields high-purity carbon dioxide (CO2) as a byproduct, which is needed by the meat and fizzy drinks industries.