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Meanwhile, U.S. Housing Starts Unexpectedly Drop 7 Percent in July

Yesterday we shared that U.S. consumer spending unexpectedly dropped 1.1% in July [Source], and today the commerce department is reporting that U.S. housing starts unexpectedly dropped 7% in July [Source].   Stop me when you notice a trend…

The financial pundits continue to attribute these drops to supply chain issues, COVID impacts, material constraints and various ancillary factors that have nothing to do with the underlying and overarching issues – inflation and wages.

As long as skyrocketing food and fuel prices continue to impact the middle-class, forward looking purchasing decisions will be constrained.

We are in an economic era where working class family income priorities are focused on current day survival. “Food, fuel and energy price increases are changing consumer spending habits.  Non-essential purchases have stopped….. they haven’t slowed, they have stopped. ←Emphasize this because it is not yet showing up in the data lag.”  ~SD

Building permits have been issued, but we are in that period where speculative builders have noticed the consumer plateau and they have proactively stopped the home building process before they get caught upside-down with finished goods and no buyers.

WASHINGTON, Aug 18 (Reuters) – U.S. homebuilding fell more than expected in July, the latest sign that surging construction costs and home prices continued to constrain the housing market early in the third quarter.

The number of houses authorized for construction but not yet started last month was the third highest on record, indicating builders remained hesitant to undertake new projects.

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Defense Secretary Lloyd Austin Says U.S. Doesn’t Have Capability to Leave Kabul Airport and Evacuate Americans

Defense Secretary Lloyd Austin and Joint Chief’s Chairman Mark Milley held a Pentagon press briefing today about the unfolding crisis in Afghanistan. [Full Presser Here] As the Taliban has taken full control over the country and capital, the U.S. presence in Kabul has been reduced to securing the airport as a temporary fortress, and telling U.S. citizens to try and get there.

When asked about the Taliban surrounding the airport, constructing checkpoints and the inability of Americans to reach safety for evacuation, Defense Secretary Austin said the military “don’t have the capability to…extend operations.”  The follow-up question was then about the U.S. essentially having to negotiate safe-passage with the Taliban… and rather than say, “Yes, that is accurate“, the question left Secretary Austin speechless.  WATCH:

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Ooof… THAT, my friends, is exactly what FUBAR looks like!

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DC Media Say Kabul Airport Surrounded by Taliban Checkpoints, No Safe Way to Get Past

We must be cautious in reviewing any/all media articles about the fluid situation in Afghanistan, as both Leftist and NeoCon media are framing the crisis story to fit their preferred narrative.  All DC media reporting should be viewed through the prism of cynicism and skepticism.

CNN is reporting the State Dept. Narrative that Taliban have surrounded the Kabul airport and there is no safe way for Americans to reach the evacuation point.   However, the Pentagon is reporting that the Taliban is “not interfering in their mission” to facilitate the evacuation of Americans, and  Taliban members “are not stopping U.S. citizens with American passports” from traveling to the airport.

When we review a State Department position (DoS) on anything, it should be noted that DoS personnel are, by ideological tribe, very dramatic, tender and pearl-clutching leftists in their worldview.  State Department officials are the wokeist of the international woke community. As a consequence of their alignment and role,  CNN is almost identically predisposed to the dramatic flair.

CNN takes the DoS bulletin and proclaims that Americans are trapped outside the airport by the Taliban. There is no evidence of this claim being accurate. There’s a difference between “we cannot ensure safe passage”, and “your passage is unsafe.”  Yes, things are sketchy and unstable, but there have been no reports of safety incidents with any Americans.

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Something Sketchy in the Blame Game, Joint Chiefs Chair General Mark Milley, Defense Secretary Lloyd Austin and Pentagon Collectively Throwing Biden Under The Bus

The FUBAR in Afghanistan is so large in scope and failure, the Pentagon appears to be throwing the White House under the bus; and they are being considerably obtuse while doing it…. or are they?

If these reports from Daily Mail and Wall Street Journal are accurate, the Pentagon is claiming that Joint Chief’s Chairman General Mark Milley and Defense Secretary Lloyd Austin warned Joe Biden about the pending collapse of Afghanistan if 2,500 troops were removed.   However, both Milley and Austin are on record only a few weeks before the collapse saying exactly the opposite.

(Via Wall Street Journal) –  In his Monday speech defending America’s chaotic withdrawal from Afghanistan, President Biden said he would not shrink from his share of responsibility.

That would include his decision to bring home U.S. troops, which was made against the recommendations of his top military generals and many diplomats, who warned that a hasty withdrawal would undermine security in Afghanistan, several administration and defense officials said.

The president’s top generals, including Chairman of the Joint Chiefs of Staff Army Gen. Mark Milley, urged Mr. Biden to keep a force of about 2,500 troops, the size he inherited, while seeking a peace agreement between warring Afghan factions, to help maintain stability. Defense Secretary Lloyd Austin, who previously served as a military commander in the region, said a full withdrawal wouldn’t provide any insurance against instability.

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August 18th – 2021 Presidential Politics – Resistance Day 211

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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Wednesday August 18th – Open Thread

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 †

President Trump Discusses Biden’s Catastrophic Afghanistan Withdrawal With Sean Hannity

Earlier this evening President Trump appeared for a lengthy and detailed interview with Sean Hannity.  The topic of the failed Biden administration effort to withdraw from Afghanistan was the primary focus.  [Note: These raw videos are likely to be removed overnight. If you missed it, watch while you can].

https://youtu.be/2tNSQBOdi3Y

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Interview With Arizona Senate President Karen Fann Outlining Suspicious Activity by Maricopa County Election Board

Arizona Senate President Karen Fann gave an insightful interview earlier on Tuesday.

Within the interview Senator Fann is asked what is her sense of why Maricopa County has been fighting against the audit?  As noted by Fann she suspects the legal team advising the Maricopa County Board of Supervisors was likely fearful of what might be discovered if a full forensic audit was completed.

The interview is in three segments.  Video #1:

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Segment Two Below:

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San Diego Residents and Community Business Owners Withdraw their Consent and Confront Board of Supervisors Over Vaccine Passport Proposal

KUSI News in San Diego is reporting on significant push-back from the local community as citizens confront the County Board of Supervisors on proposals to mandate vaccination ID’s.

KUSI – […] “Hundreds of businesses have already signed a Business Equality Pledge and posted a Proclamation pledging not to discriminate. Citizens are also signing a petition to refuse to comply with these arbitrary and unconstitutional requirements. The rally attendees are not anti-vax, but they are simply against all medical mandates.

The community members and leaders were fired up, and to put it simply, directly called out the San Diego County Board of Supervisors for their overreaching rule, telling them to their face they have forgotten their oath to protect the constitution. (more)

Speech excerpts below:

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Marjorie Taylor Greene Confronts Senate DeceptiCons and Outlines Corrupt Infrastructure Bill

Representative Marjorie Taylor Greene (GA – CD14) appears on Steve Bannon’s War Room to outline the issues with the Senate infrastructure bill.  MTG is the first House republican who has directly confronted Mitch McConnell’s 19 DeceptiCon members.

As MTG notes, she will personally campaign to primary any House republican who votes to support the infrastructure bill.  {Direct Rumble link} First segment Video:

SASSPAC.COM Link

Segment #2 is below:

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