Mohamed El-Erian, a Blooomberg Opinion contributor, cracks me up in his efforts to avoid speaking directly.  Generally, El-Erian knows the situation, he was one of the first to identify the issue with inflation in March 2021.   However, he continues avoiding any mention that the U.S. economy is already in a negative position for growth.

Consider this…. In this interview El-Erian says he believes the Fed will flip-flop and lower rates in reaction to what is happening in the economy.  Keep in mind, the only reason for the Fed to reverse rates so quickly is if the economy is already in a demand side contraction and the latest .75% increase in rate is being done into a negative GDP environment.

Of course, the reality is exactly that.  The U.S. economy is already contracting, mostly because of inflation chewing up the supply side, and the Fed is factually raising interest rates into an economy already in a demand side recession.  But everyone must pretend that’s not the case, so here’s El-Erian saying Jerome Powell is going to end up reversing himself, flip-flopping, which doesn’t make sense if you don’t first establish that the economy is right now shrinking as he speaks.  WATCH:

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“On June 16, 2022, at approximately 8:30 p.m., U.S. Capitol Police (USCP) received a call for a disturbance in the Longworth House Office Building,” Capitol Police said in a statement obtained by the Washington Examiner. “Responding officers observed seven individuals, unescorted and without Congressional ID, in a sixth-floor hallway.” (read more)

Apparently, California congressman Adam Schiff was helping the television crew to break the law.  The group reportedly banged on doors of several Republican offices –  including that of Minority Leader Kevin McCarthy of California, Jim Jordan of Ohio and Lauren Boebert of Colorado — as they allegedly filmed a skit for Colbert’s “Late Show” program that was to center around the January 6 hearings.  The incident was covered by Jesse Watters on his broadcast this evening. WATCH:

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Earlier today President Donald J Trump delivered remarks in Nashville, Tennessee, to the Faith and Freedom Coalition {Direct Rumble Link}.  WATCH:

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Apparently, the U.K. courts were sympathetic to the claims by Julian Assange lawyers that U.S. government assassins would kill him.  However, after the DOJ assured the Brits that Assange would be imprisoned in Australia, not the U.S. after trial, the U.K. are ok with extraditing him.   However, Assange still has six appeals and three courts left who will hear his appeals, so don’t expect anything to actually happen soon.

LONDON, June 17 (Reuters) – The wife of Julian Assange vowed to fight using every possible legal avenue after British Home Secretary Priti Patel on Friday approved the WikiLeaks’ founder’s extradition to the United States to face criminal charges.

Assange is wanted by U.S. authorities on 18 counts, including a spying charge, relating to WikiLeaks’ release of vast troves of confidential U.S. military records and diplomatic cables which Washington said had put lives in danger.

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A bunch of SpaceX workers previously penned the open letter criticizing CEO Elon Musk and the company while identify themselves as “employees across the spectra of gender, ethnicity, seniority, and technical roles.”

SpaceX fired them, lol.

New York Post – […] SpaceX president and Musk ally Gwynne Shotwell said in a memo that the firm had “terminated a number of employees involved” in crafting the letter – noting the workers in question had “upset many” with an “unsolicited request” to add their signatures.

“The letter, solicitations and general process made employees feel uncomfortable, intimidated and bullied, and/or angry because the letter pressured them to sign onto something that did not reflect their views,” Shotwell said in the memo, which was obtained by The Verge.

Shotwell referred to the open letter campaign within the company as “unacceptable” and said the workers were fired after an investigation into their actions. The number of employees terminated wasn’t immediately clear.  “We have too much critical work to accomplish and no need for this kind of overreaching activism,” Shotwell added. (read more)

We need more of this.

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Y’all saw this coming months ago.  The Biden administration is now considering sending taxpayer funded “gas cards” to taxpayers who cannot afford the gasoline prices created by the Biden administration energy policy.  Yes, murica’ it’s a circle of stupid.

WASHINGTON – […] Biden officials are taking a second look at whether the federal government could send rebate cards out to millions of American drivers to help them pay at gas stations — an idea they examined months ago before ruling it out. Aides had found that shortages in the U.S. chip industry would make it hard to produce enough rebate cards, two people familiar with the matter said. White House officials also fear there would be no way to prevent consumers from using them for purchases other than gasoline, according to another person familiar with the discussions.

[…] Biden aides have also looked in recent days at invoking the Defense Production Act to move diesel and other refined products should localized shortages materialize, two people familiar with the matter said.

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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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There have been several videos on social media about a significant loss of cattle in Kansas due to extreme heat.  During a segment on his broadcast tonight, Tucker Carlson interviews cattleman Steve Stratford about the circumstances and the potential impact to the U.S. beef supply.  WATCH:

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Project Veritas has published another recording of an internal Twitter all hands meeting wherein Elon Musk addressed thousands of employees for the first time since news broke of his plans to acquire the company. On the call, Musk described his affinity for Twitter and said the platform was best for “getting a message out” but noted that he was concerned about the platform as it currently stands, reiterating previous statements he’s made about bots, spam, and censorship.

“I think it’s essential to have free speech,” Musk said in response to a question about his highly publicized goal to bring free speech to the platform. When pressed about what that might mean in the context of animal abuse, sexual content and offensive tweets, Musk maintained his stance. “I think there’s also, there’s freedom of speech and freedom of breach, so I think people should be allowed to say … pretty outrageous things that are within the balance, the law, but, but then they don’t, you know, get amplified,” Musk added.  WATCH:

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