What is predicted to happen in Europe is just stunning, literally stunning.

♦Context – According to official data from the World Bank, the combined Gross Domestic Product (GDP) of the European Union was just over $17 trillion US dollars in 2021. That is the last calculated measure.  The combined GDP value of European Union represents roughly 12.78 percent of the world economy.

According to analysts for Goldman Sachs, the current energy crisis in Europe has increased electricity prices at a rate that is increasing almost daily.  Within the data it is now estimated that households within the EU will pay an additional $2 trillion for electricity in the next year.

Put that $2 trillion into context with their GDP, and that scale of energy cost would be wiping out 12% of the purchasing strength within the total EU economy.  Forget about buying anything else, if this analysis is correct Europeans will be buying food and energy, nothing else.

If you consider what that means, it is bordering on full economic collapse of western Europe.

What is being described above is what we posited when we outlined the impact of the “Energy Economy” {Go Deep}.  When you suck 12% of the purchasing power out of an economic engine simply to maintain the status of current energy use, everything else starts to collapse.

Also keep in mind we are only talking about the direct impact of $2 trillion in electricity cost.  The downstream consequence is far greater because everything created, produced, or manufactured, including food, is dependent on electricity – which will drive the final cost to produce of all those products even higher.

The damage is almost unimaginable in scale.

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Well, it looks like it’s official now. After several days of sporadic reporting on Russia’s decision to shut down the Nord Stream 1 natural gas pipeline into western Europe, it looks like the valves have been shut down until EU sanctions against Russia are removed.

Strategically the Nord Stream 1 pipeline is the major gas supply route into Germany, Europe’s largest economy. As noted by Reuters, “European gas prices, as measured by the benchmark Dutch TTF October gas contract, rose by as much as 30% on Sept. 5, amid growing fears of a total shutdown of Russian pipeline imports ahead of the European winter.”

Europe was already going into a deep economic recession due to inflation created by pre-existing green energy policy.  The Nord Stream shutdown will make things exponentially worse as energy prices skyrocket.  The Russian owned energy company Gasprom sent out a video that can be best described as psychological warfare.  WATCH:

https://youtu.be/n2b_0gfV_4E

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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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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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Yes, it’s like something out of a dystopian ‘hunger games’ movie, except it is unfortunately real life.  ITV News in Great Britain is running a wheel-of-fortune type marketing campaign where desperate viewers can call in for an opportunity to spin the wheel and win having their energy bills paid.

Comrades, it is not a spoof, this actually took place today and it looks like it will continue due to popular demand.  UK citizens are facing astronomical increases in energy bills as a result of the EU green climate change agenda in combination with Russia halting the export of natural gas.  The price of natural gas increased 30% today alone as Russia cuts off supplies completely.  Europe is on the brink of the worst economic recession in history.

ITV steps in with a promotional effort that shows just how bizarre this Build Back Better future has become.  Perhaps next week viewers might be able to call in for a chance at winning extra food rations, chocolates or even gasoline.  Here’s a video to show what is happening.  WATCH:

https://youtu.be/rC7O8LISY48

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Good luck comrade citizens, you too could be a winner on the wheel of survival.  It’s all in good fun comrade. Smiles everyone, smiles.

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Page #2 and Page #3 of Judge Aileen Cannon’s ruling cites a quote from the DOJ own legal filing, dated May 10th, that Joe Biden ordered the National Archives and Records Administration to provide access to the FBI to review the Trump records.  Note the quotation marks:

On May 10, 2022, NARA informed Plaintiff that it would proceed with “provid[ing] the FBI access to the records in question, as requested by the incumbent President, beginning as early as Thursday, May 12, 2022.”  [citation]

August 24, 2022, Joe Biden was questioned about how much notice he had regarding the FBI raid on President Trump’s home at Mar-a-Lago in Florida.

Question: “Mr. President, how much advanced notice did you have of the FBI’s plan to search Mar-a-Lago?“

BIDEN: “I didn’t have any advanced notice. None, zero, not one single bit.”

{Direct Rumble Link} – WATCH:

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Joe Biden was in Milwaukee, Wisconsin today, to shout at forcibly assembled union workers and celebrate Labor Day.  In the middle of his prepared remarks to the crowd at Laborfest, where labor unions and their members gather annually, Biden exploded in an angry rant proclaiming he had defeated Big Pharma this year.

Even if you overlook the unstable nature of the delivery, it is somewhat of an odd outburst given the fact that his administration gave tens of billions to Big Pharma in the past 20 months, forced American workers to accept Big Pharma vaccines, and facilitated the biggest windfall profit for Big Pharma in history.   If that’s what Joe Biden considers “beating big pharma,” well, I certainly can’t fathom what winning would look like.  WATCH:

https://youtu.be/hNY7TzD34lU

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U.S. District Judge from the Southern District of Florida, Aileen M. Cannon, has ordered a special master to “review the seized property, manage assertions of privilege and make recommendations thereon, and evaluate claims for return of property,” related to the FBI raid on Donald Trump’s Mar-a-Lago estate. [pdf Ruling Here]

There are interesting aspects outlined within the 24-page ruling that deconstruct the position of the Dept of Justice and media, including a footnote [fn5] stating Trump lawyers asked for a special master appointment on the morning after the raid.

Within the ruling [pg 9] Judge Cannon outlines the issues at the heart of the legal matter, including the government taking President Trump’s personal medical records which has nothing to do with the nature of the warrant.

“According to the Privilege Review Team’s Report, the seized materials include medical documents, correspondence related to taxes, and accounting information. … The Government also has acknowledged that it seized some “[p]ersonal effects without evidentiary value” and, by its own estimation, upwards of 500 pages of material potentially subject to attorney-client privilege.”

The DOJ was previously questioned in court about justice dept leaks to media creating an unfair and prejudicial bias against President Trump. The DOJ lawyers denied leaking yet admitted the media reports were evidence that someone within the organization was leaking information to the media, thereby creating a framework of public opinion the defendant cannot easily refute. Cannon writes:

“the Court takes into account the undeniably unprecedented nature of the search of a former President’s residence; Plaintiff’s inability to examine the seized materials in formulating his arguments to date; Plaintiff’s stated reliance on the customary cooperation between former and incumbent administrations regarding the ownership and exchange of documents; the power imbalance between the parties; the importance of maintaining institutional trust; and the interest in ensuring the integrity of an orderly process amidst swirling allegations of bias and media leaks.”

Judge Cannon also cited examples of the DOJ review team failing in their duty to separate attorney-client privilege material.

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Ridicule is an important weapon in World War Reddit.  {Direct Rumble Link}

[ Damon Imani on Twitter ]

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At a national level there is a unique policy priority that almost every politician, on both sides, will avoid discussing.  At a national level a single policy priority determines all other national policy outlooks.  That policy is the national economic policy.

The national economic policy of a presidential candidate determines all other national policies that flow from the presidential candidate.  The national economic policy impacts the obvious policies like energy and trade, and also determines the lesser obvious policies like regulation and even foreign policy.

It is specifically because a candidate’s national economic outlook impacts all other issues, that most national politicians never talk about it.

It would be impossible to support Main Street USA, a popular talking point, and still support the Paris climate treaty, the transpacific trade partnership (TPP) or the transatlantic trade and investment partnership (TTIP).

To avoid the contradictions most democrat and republican politicians avoid discussing their national economic policy. It is an unspoken rule within the billionaire club and donor game, an economic code of omerta amid most political candidates.

President Trump broke the rule and even went so far as to campaign on an America-First economic policy agenda.  That core outlook forms the Make America Great Again foundation.  MAGA is based on a national economic policy outlook that determines every other national policy as carried by President Trump.

While most Americans may not be able to articulate how the national economic policy impacts them, almost every American feels the consequences through gasoline prices, energy prices, employment, wage rates and the expenses within their everyday lives.  To try and hide this reality, often media and economic analysts will say the U.S. President has no control over gasoline prices; however, this is unequivocally false.

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