GOV/MIL Main "Great Reset" Thread

marsh

On TB every waking moment

1,200 scientists, scholars: 'There is no climate emergency'​

'Scientists should openly address uncertainties and exaggerations in their predictions'​

By Art Moore
Published August 18, 2022 at 7:03pm

Led by a Nobel Prize laureate, more than 1,100 scientists and scholars have signed a document declaring climate science is based more on personal beliefs and political agendas than sound, rigorous science.

The World Climate Declaration states climate science "should be less political, while climate policies should be more scientific."

"Scientists should openly address uncertainties and exaggerations in their predictions of global warming, while politicians should dispassionately count the real costs as well as the imagined benefits of their policy measures," the declaration reads.

The declaration was organized by Climate Intelligence, an independent policy foundation founded in 2019 by Dutch emeritus professor of geophysics Guus Berkhout and Dutch science journalist Marcel Crok.

The U.K. website the Daily Sceptic reported one of the lead authors of the declaration, atmospheric physicist Richard Lindzen, has called the current climate narrative "absurd." Yet relentless propaganda from grant-dependent academics and agenda-driven journalists has generated a widely accepted narrative that the science is "settled."

"We should free ourselves from the naïve belief in immature climate models,” the WCD states. “"In future, climate research must give significantly more emphasis to empirical science."

Last week, President Biden signed the Inflation Reduction Act, which spends $368 billion for "green" energy with the aim of reducing CO2 emissions by 40% by 2030. When Joe Biden was vice president under Barack Obama, the administration subsidized "green" energy with federal grants and tax breaks.

Joe Biden himself announced in 2009 a $535 million loan guarantee for the solar panel company Solyndra to go along with $700 million in venture capital funding. Biden said the plant built with that money would power more than half a million homes. But two years later, the company filed for bankruptcy and shut down its operations.

The World Climate Declaration points out that since emerging from the Little Ice Age in the mid-19th century, the world has warmed significantly less than predicted by the U.N.'s International Panel on Climate Change's models

"The gap between the real world and the modeled world tells us that we are far from understanding climate change," the WCD states.

The declaration argues Earth’s climate has varied, with cold and warm periods, for as long as the planet has existed, and it is "no surprise that we are experiencing a period of warming."

The climate models "are not remotely plausible as global policy tools," ignoring, for one, the benefits of carbon dioxide, which is "not a pollutant."

"It is essential to all life on Earth," the declaration says. "Photosynthesis is a blessing. More CO2 is beneficial for nature, greening the Earth; additional CO2 in the air has promoted growth in global plant biomass. It is also good for agriculture, increasing the yield of crops worldwide."

There is no statistical evidence, the signatories say, "that global warming is intensifying hurricanes, floods, droughts and such-like natural disasters, or making them more frequent."

"There is no climate emergency. We strongly oppose the harmful and unrealistic net-zero CO2 policy proposed for 2050."

Last year, Steven Koonin, an under-secretary of science in the Obama administration, published a book titled "Unsettled" that said "the science is insufficient to make useful projections about how the climate will change over the coming decades, much less what our actions will be."

The idea that climate change is settled demeans and chills the scientific enterprise, he contended, "retarding its progress in these important matters."

In 2020, the long-time green activist Michael Shellenberger wrote a book called "Apocalypse Never" that lamented the conversation about climate change has "spiraled out of control."
 

marsh

On TB every waking moment

Socializing 'less important' to a third of Americans following pandemic, survey finds​


by ZACHARY ROGERS | The National Desk
Thursday, August 18th 2022

WASHINGTON (TND) — Public life was transformed by COVID-19 lockdown-era policies. Masks were worn, bars and restaurants were empty and working from home became the norm for thousands of people.

Now, with lockdowns in the rearview mirror and the American people getting back to normal, it seems the pandemic may have had a lasting impact on our habits.

A recent survey from the Pew Research Center asked American respondents to provide clarity on what changed in importance in their lives since the beginning of the pandemic.

One statistic stood out – a good chunk of respondents, about 35%, say that "socializing and going out" have become "less important," according to Pew Research data.

Being social in large crowds is less important now. It’s less important to go out," one respondent told Pew Research.

I am not going out as much to crowded areas and it’s not really my priority," another respondent reportedly said.

Respondents also claimed to have diminished concern about "work" and "going into the office."

"What other people think of you/your views" was also something respondents claimed to care less about now.

However, about 21% of respondents told Pew they experienced a renewed appreciation for social activities. The pandemic and its lockdowns upped appreciation for "quality time with the people I love" and "attending large events whenever the opportunity presents itself," according to one respondent.

But "protect[ing] health" was the top concern Americans said became more important to them since the beginning of the pandemic. About 26% of respondents said keeping healthy and following public health instructions became more important to them as well.

One respondent said that "keeping a safe distance from people in the stores and places I shop or eat" was important to them. Others apparently answered the same question with a more generic approach, telling Pew they found it more important to be "staying healthy, exercising, eating right and watching out for my mental health.”

Responses to the Pew Research Center's survey were notably partisan.

Democrats and those who lean left were twice as likely to say following public health guidelines was now more important to them than before the pandemic, Pew said. Democrats were also reportedly more likely to say the importance of social gatherings has decreased since the pandemic began.

Pew Research Center provided both the questions used in the survey and its methodology.
 

marsh

On TB every waking moment

marsh

On TB every waking moment

Rural Economy Shifts into Low Gear, Farm Equipment Sales Plummet to 2-Year Low

After 20 straight months of advancing above growth neutral, the farm equipment-sales index unexpectedly dropped below the threshold to its lowest level since November 2020.

By SARA SCHAFER August 19, 2022
Trouble started brewing for the rural economy earlier this summer. Now it’s been confirmed for five straight months. That’s according to the Rural Mainstreet Index (RMI) from Creighton University.

For August 2022, the RMI sits at 44. That’s down from 46 in July and the fifth straight month of falls. August marks the third consecutive month of below growth neutral.

The index ranges between 0 and 100 with a reading of 50 representing growth neutral and is generated by a monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.

“The Rural Mainstreet economy is now experiencing a downturn in economic activity,” says Ernie Goss, who chairs Creighton’s Heider College of Business and leads the RMI. “Supply chain disruptions from transportation bottlenecks and labor shortages continue to constrain growth. Farmers and bankers are bracing for escalating interest rates and falling farm commodity prices.”

Bank CEOs were asked their assessment of the Inflation Reduction Act. More than half, or 52%, expect spending and taxes related to the act to increase inflation and add to the federal deficit.

The region’s farmland price index for August declined to 60 from July’s 66, marking the 23rd straight month that the index has moved above growth neutral. However, August’s solid reading was the lowest index since February 2021.

Bankers were asked about Chinese ownership of farmland and food processing in the region. More than nine of 10 bank CEOs, or 92%, regard Chinese purchases of farmland and food processing facilities in the region as a threat to the regional economy.

The August farm equipment-sales index sank to 45.9 from 56.5 in July. After 20 straight months of advancing above growth neutral, the index unexpectedly dropped below the threshold to its lowest level since November 2020.

The August loan volume index climbed to a strong 73.9 from 72 in July.

“Higher costs of farm inputs and softer agriculture commodity prices supported stronger borrowing from farmers,” Goss says.

Even with significant 2022 input price increases over 2021 levels, bankers expect to record a 1.7% decline in farm loan delinquencies over the next 12 months.

Looking forward, the slowing economy, strong energy prices and agriculture input prices constrained the business confidence index to 38 in August, up from 26 in July.

The RMI, which started in 2005, represents an early snapshot of the economy of rural agricultural and energy-dependent portions of the nation. It focuses on 200 rural communities with an average population of 1,300.
 

marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=QxFQCuagOtM
32:39 min

Global Elites Building DOOMSDAY BUNKERS Amid Fear Of WW3 And Civil War, Elites Think The End Is Near

Tim Pool

Global Elites Building DOOMSDAY BUNKERS Amid Fear Of WW3 And Civil War, Elites Think The End Is Near. China And Russia are teaming up as the US sees Civil War erupting.

The FBI group that targeted Trump is a focus of the Durham Probe suggesting a rift in the US government and rogue elements. China is making moves for Taiwan and the war in Ukraine is at fever pitch.

Meanwhile stories of Billionaires buying doomsday bunkers have been popping up for years as the global elites prepare for the end
 

marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=tY1Ox-tL1pU
7:54 min

It Just Stopped... (RV Sales)
The Economic Ninja

RV Sales Plummeting. If you have been waiting to buy a Recreation Vehicle well your time is coming. RV Sales are slowing fast as inflation has taken over and people do not have the money. Next is the real estate crash. Small Class C RVs under 25 feet are easy to drive, fit in most national parks, fit in most campsites and you can park them in your driveway to avoid the storage fees! We love our Class C RV under 25' because we can park in our campsite and get set up in less than 15 minutes! Small Class C Motorhomes are perfect for beginners, couples, and families of four!


Elkhart —

Video on website 1:23 min

The rise in inflation and gas prices are beginning to impact RV sales. Retail sales of trailers are reported to be slowing, after prices increased 10-to-20 percent.

There's also been a shift with the pandemic. During the pandemic, more families were buying fifth-wheel trailers. Parents being back to work and children in the classrooms, sales fell off their record pace.

With higher gas prices, the RV industry is now seeing a shift to lightweight travel trailers. But those prices have increased from about 15-thousand, to 20-thousand dollars, in the past couple of years.

One saving grace for the RV industry is higher prices for hotels and flights, keeping RVs and trailers a viable option for some travelers.

"Starting to do that local stuff maybe in a camper or travel trailer where you have more flexibility on where you can go and more control of it I think has really helped actually," Tanner Livingston, sales representative at Tiara RV Sales said.

WSBT

Sellers are recommending first time buyers start a little smaller. There are more options now for RVs like ones with solar, where you don’t need to pay more for power. You can also plan vacations at State Parks which are cheaper to camp.

Buying a motorized trailer is also fuel efficient. Over the years mileage has improved to now 10-to-15 miles per gallon.

"There’s so many options out there that we are pretty good to be able to match your budget and your wants and desires whether that’s in you, some use, things like that. It’s a lot easier these days to have more availability," Livingston said.

Your regular pickup and SUV can also more easily tow the smaller lightweight trailer. Which helps reduce gas costs of needing a larger vehicle like a truck.

Buying a used trailer can also help in saving money.

WSBT 22's Taylor Gattoni has the story above.
 

marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=SwmRkA_IdTo
11:49 min

Massive Heat Wave Shuts Down Chinese Factories

China Uncensored

A massive heat wave and drought is shutting down Chinese factories. More US officials are visiting Taiwan. A Shanghai Ikea goes into lockdown, causing a stampede of shoppers afraid of China's zero Covid craziness. Watch this episode of China Uncensored for that and more of this week's China news headlines.
 

marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=X4KScWZs0W4
5:42 min

Spotify’s remote work experiment & Europe’s Greenest cities | WEF | Stories of the week
Aug 19, 2022

World Economic Forum

This week's top stories of the week include:

0:18 - Heatwaves are causing turtles to be born female
01:33 - Spotify remote work experiment
02:59 - Europe’s greenest cities
04:12 - 7 best business books

The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
 

marsh

On TB every waking moment
(Australia)

View: https://www.youtube.com/watch?v=gOLN4p1AkE8
.23 min

Wind farm planning may change for wildlife safety

Sky News Australia

The way wind farms are planned may change due to the impact on bird species.

The Weekend Australian says wind farms are still being developed in clusters with small proximity between each turbine, without consideration for wildlife.

It is backed by Environment Minister Tanya Plibersek, who says this is an issue she will tackle when updating Australia's environmental laws.

^^^^^^
View: https://www.youtube.com/watch?v=7bY1_FY1Pq4
2:09 min

Government aims to boost electric cars on Australian roads
Aug 19, 2022

Sky News Australia

Changes to fuel emission standards are on the cards, with the government aiming to boost the number of electric vehicles on Australian roads.
 

marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=yrhMS_Mkw9g
17:20 min

Neil Oliver – ‘…hovering between total despair & boiling anger…’
Aug 19, 2022

Neil Oliver

‘…Bhuddha, Jesus Christ, Mohammad, Gandhi, Hitler, Lenin, Stalin, Mao, Abraham Lincoln, Caesar, Genghis Khan - good, bad, loved or loathed they were determined individuals – the power of one!
 

marsh

On TB every waking moment

Biden Revives Biggest Offshore Oil and Gas Lease Sale In America's History

FRIDAY, AUG 19, 2022 - 02:00 PM
By Tom Ozimek of The Epoch Times

When President Joe Biden on Tuesday signed the Inflation Reduction Act into law, his signature opened the door to reinstating the largest oil and gas lease sale in U.S. history that was blocked by a court due to climate impact concerns.

The Inflation Reduction Act includes provisions that direct spending, tax credits, and loans to bolster technologies like solar panels and equipment to cut pollution at coal and gas-powered power plants.

But the bill also contains a provision that reinstates the previously halted Lease Sale 257, the biggest offshore oil and gas lease in U.S. history, spanning nearly 81 million acres in the Gulf of Mexico.

Lease Sale 257, which sold at auction for $192 million in March 2019, was challenged by environmental groups, who argued that the sale violated federal law by relying on an inadequate environmental impact review that failed to accurately consider greenhouse gas emissions.

Judge Rudolph Contreras of the U.S. District Court of the District of Columbia agreed, ruling in January 2022 (pdf) that the Bureau of Ocean Energy Management’s (BOEM) decision to proceed with the sale was “arbitrary and capricious.”

Contreras’ ruling blocked the lease and the Biden administration did not appeal. But by signing the Inflation Reduction Act into law, Biden has effectively revived the lease.

“Lease Sale 257 is reinstated and high bidders must get their lease,” the National Ocean Industries Association (NOIA), a group that serves the offshore oil, gas, and wind industries, said in a statement.

NOIA also pointed to a handful of other lease sales that now must be held with the passage of the Inflation Reduction Act (IRA) after the Biden administration canceled them in May, when prices at the pump were soaring to record highs.

The association’s chief generally gave a passing grade to the bill for putting in place what he described as “a framework for continued development of U.S. offshore oil and gas, mechanisms to advance offshore wind, and incentives to spur offshore carbon sequestration innovation.”

The Inflation Reduction Act increases federal tax credits for carbon capture and storage, while lifting a moratorium on offshore wind leasing in parts of the southeastern United States and the Gulf of Mexico.

“No legislation is perfect, but the IRA’s offshore energy provisions will enable continued investment in U.S. energy projects by an industry that is already solving, scaling, and deploying low carbon energy solutions,” said NOIA President Erik Milito, in a statement

The American Petroleum Institute (API), a fossil fuel industry group that appealed on behalf of the firms involved in the blocked Lease Sale 257, expressed relief that the IRA revives the sale but reservations about the overall impact of the measure.

“While reinstating lease sale 257 is a positive step forward for American energy leadership, the legislation as a whole falls well short of addressing America’s long-term energy needs,” API Senior Vice President of Policy, Economics, and Regulatory Affairs Frank Macchiarola told The Epoch Times in an emailed statement.

The Inflation Reduction Act requires the reinstatement of Lease Sale 257 within 30 days of the legislation’s enactment.
 

marsh

On TB every waking moment

How The US Made Inflation Worse

FRIDAY, AUG 19, 2022 - 11:40 AM
Via Global Macro Monitor,

Not a bad primer video from CNBC on the Fed’s policy mistakes, which we all are now, literally, paying for.

View: https://youtu.be/f60Z4epksOk
12:19 min

I would add that monetary policy is a black box, mainly because we can’t define the money supply, much less measure it. Using your brokerage account to write checks to pay for gas and groceries, for example, shouldn’t it be counted as part of the money supply? Ditto for crypto, among others

Money Quotes:
The two following money quotes from the video above could have been lifted straight from the Global Macro Monitor.

“If we were actually measuring inflation in a consistent manner, the peaks in the seventies and eighties are actually much more similar to the peak today than we would have initially thought.”
See our post, Today’s Inflation Rate And Nolan Ryan’s Fastball

“So I think at this point the Fed has to stick to its guns, even if that means taking speculators down. And that really is what has scared the Fed in the past. The Federal Reserve is supposed to make monetary policy in the whole of the public interest, not just that of investors. And this going to be a test of which they have not really had to take since 1981.”
We have written many posts on this issue, but see this one, in particular, The New “Supply-Side Economics” Fueling Asset Bubbles

Exogenous vs. Endogenous Money Supply
No distinction either between exogenous money (created by the Fed) and endogenous money created by the private sector. The Fed tries, and we stress, tries to control the endogenous money supply by interest rates and the exogenous money supply by its balance sheet.

Endogenous money is primarily created by leverage and is most likely easier to bring inflation down as assets deflate and credit slows.

The current inflation we are experiencing was mainly driven by exogenous money – Fed printing- and is much harder to break until quantitative tightening really begins to bite. Think middle of 2023.

So, realize, folks, if asset prices are increasing, such as stocks, with a 10 percent inflation rate, it is inflationary.

The Fed has a tiger by the tail, mainly of its own doing, by allowing monetary policy to be, in the words of my good friend, Professor Constantin Gurdgiev, “hijacked by Goldman Sachs and Black Rock.” Let’s throw in Jim Cramer just for fun.

The body politic gets it is unfair, and we see the political angst played out in today’s society.

View: https://youtu.be/meiU6TxysCg
2:44 min

Even a monkey will revolt against unfairness and inequality.
 

marsh

On TB every waking moment

Labor Action Hits London Tube As UK Transportation Network Grinds To Halt

FRIDAY, AUG 19, 2022 - 09:32 AM

Londoners face new travel chaos on Friday as a strike by rail workers paralyzes the British capital's transit network.

Another industrial action is slated for Saturday, expected to bring even more disruptions through the weekend.

Transportation workers are striking over pay increases to offset out-of-control energy prices and soaring food inflation -- misery among households is the worst it has been in decades.

AP News reported London Underground workers are striking across the metro area, leaving a majority of Tube lines suspended with limited operations.

Around 10,000 Rail, Maritime, and Transport union (RMT) workers are taking part in the industrial action on Friday -- over pay issues not keeping up with inflation.

Transportation disruptions are expected in southwest London and parts of Surrey on Friday. Then on Saturday, bus drivers who are members of Unite will stage a strike of their own, affecting sixty-three routes -- creating even more travel pains.

RMT general secretary Mick Lynch apologized to commuters for the strike but said it was necessary to defend the union's members:

"We're very sorry that people are inconvenienced. I mean, we're inconveniencing people that are in the same boat as us. We're ordinary men and women that want to do our jobs and provide a service, but when you're being cut to pieces by an employer, and by the Government, you've got to make a stand.

"So we're making that stand on behalf of our members, but many other workers in Britain are suffering some very similar things and you're going to see a wave of this type of action. We can't stand by and watch our conditions be chopped up. Otherwise, it'll just be a race to the bottom for all British workers.

"If we're not showing them that we're being serious, they will just chop up members terms and conditions and their pensions. If we're not invited to negotiations, what other means can we have to influence those negotiations?

"So we've got to show them that we're deadly serious about the future of the services across all of Transport for London (TfL), but also across our members' conditions, because we don't know what they're discussing.

"It's like being locked out of a process that we should rightly be at the table, and that's not acceptable to any of the unions, or London Underground or TfL. And it's got to be resolved."

Meanwhile, Liz Truss, a right-wing politician of the Conservative Party, who is currently a favorite to become Britain's next prime minister, tweeted, "As Prime Minister, I will not let our country be held to ransom by militant trade unionists."

1660946739233.png

Many Londoners complained about "selfish" unions inflicting pain on others trying to get to work or travel across the city.

The industrial action comes amid a souring macroeconomic backdrop that sent inflation to a four-decade high last month to 10.1%. Consumer confidence plunged to a record low in August as household misery worsened.

1660946648436.png

Another strike could develop this winter, though much different than transportation union workers walking off the job. Tens of thousands are joining a movement not to pay their energy bills starting on October 1.
 

marsh

On TB every waking moment

EU NatGas Soars To Record High As Gazprom Announces New Halt To Flows

FRIDAY, AUG 19, 2022 - 09:11 AM

European natural gas prices closed at new record highs today... and that was before news of a new gas flow halt by Gazprom was announced.

The Russia gas producer said in a statement that it will halt gas flows via Nord Stream on Aug. 31 for 3 days as the single functioning gas turbine at Portovaya’s compressor station requires planned maintenance.

"It is necessary to carry out maintenance every 1,000 hours" of operation, Gazprom said in a statement.

On a side-note, in a now-deleted tweet, Siemens Energy appeared to troll Gazprom over the 'famous turbine':

1660947101213.png

Siemens has just tweeted to explain:

"We’ve deleted our tweet about the turbine, which triggered a controversial discussion. We understood that tonality & topic of the tweet were considered inappropriate. This was never our intention and we apologize. We condemned the war in Ukraine from day one & continue to do so."

One has to wonder at the timing of the sudden maintenance decision right after this tweet.

On an oil barrel equivalent basis, EU Nattie uis now trading at triple the US equivalent (which is also at its highest since 2008)

1660947053613.png

Upon work completion and absence of technical malfunctions of the turbine, gas flows will be restored to 33mcm/day.

As a reminder, flows are already at just 40% of capacity...

1660947015234.png

Finally, we note that this decision comes after news that Putin will attend the G-20 meeting (much to Washington's chagrin)... flex much?
 

marsh

On TB every waking moment

Elon Musk Reacts To Border Crisis, Says Lacking Media Attention 'Strange'

FRIDAY, AUG 19, 2022 - 08:35 AM
Authored by Gary Bai via The Epoch Times (emphasis ours),

Tesla CEO Elon Musk is reacting to the recording-breaking number of illegal immigrants walking through the Southern border.

The world’s richest person was replying to reporting from Fox News’s Bill Melugin, who posted on Twitter drone footage of a group of hundreds of illegal immigrants crossing the Southern border at Eagle Pass, Texas, into the United States.

In his post, Melugin cited Customs and Border Protection (CBP) statistics showing border agents to have encountered 400,000 illegal immigrants so far in the Del Rio sector in Fiscal Year 2022 (since October 2021), a number that is already more than double the total number of encounters from Fiscal Year 2021. This number does not include “get-aways”—illegal crossers who evaded apprehension.

View: https://twitter.com/i/status/1558829536137076737
.45 min

1660947995011.png
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“Strange that this receives very little attention in the media,” Musk wrote in response to Melugin on Aug. 14.

Musk, a self-portrayed political moderate and a design engineer by trade, has shared his perspective with his 100 million-plus following on a wide range of issues beyond cars and rockets.

The billionaire’s comments on the border crisis, for example, were the latest in his series of criticism of the current administration and the Democratic Party in general; others include his comments on the influence of labor unions on the Democratic party, the Spygate collusion scandal involving Clinton-affiliated Democrats, and the Biden White House’s alleged sidelining of Tesla’s role in the electric vehicle market.

The Bigger Picture
The backstory to the exchange between Musk and Melugin features an ever increasing surge in illegal immigration, overextended Immigration and Customs Enforcement (ICE) resources, and an administration that actively strives to undo Trump-era “America First” immigration policies.

Eagle Pass is only one of the regions along the Southwest border where hundreds of illegal immigrants pour into the United States. From the beginning of Fiscal Year 2022 on Oct. 1, 2021, to early August this year, border patrol agents apprehended 1.8 million illegal crossers. That’s more than the population of Phoenix, Arizona, the fifth-most populous city in the country, and about 40 percent higher than the total number of apprehensions in the previous fiscal year.

View: https://twitter.com/i/status/1528014411373363205
.24 min

The head of the Department of Homeland Security (DHS), meanwhile, insists that the border is secure, while the Biden administration is kept busy by legal disputes with border states on key Trump migration policies.

One of the policies that the Biden administration began pulling back—following a Supreme Court decision that ruled in its favor—was the “Remain in Mexico” policy, which required non-Mexican migrants seeking asylum in the United States to wait in Mexico for processing.

Meanwhile, the Biden administration will continue to enforce the Trump-era immigration and public health policy known as Title 42, a policy instated as a COVID-19 countermeasure that allowed the United States to quickly expel migrants who unlawfully entered the United States and bypassed health screening in the process. A judge blocked the Biden administration’s attempt to lift Title 42 in May.

A Border Patrol agent organizes a large group of illegal immigrants near Eagle Pass, Texas, on May 20, 2022. (Charlotte Cuthbertson/The Epoch Times)
Another legal battle that will be consequential to border security will play out in the Supreme Court in the fourth quarter of this year, when the highest court will hear a case on whether Biden’s immigration enforcement guidelines constitute executive agency overreach. In July, the Supreme Court allowed a federal judge in Texas to block the Biden administration’s immigration guidelines that, according to the border states’ prosecutors, limit the ability of border agents to detain and deport illegal aliens.

“The Biden Admin’s border record is an absolute failure,” Chad Wolf, former Acting DHS Secretary under the Trump Administration, wrote on Twitter on Aug. 17, following reports of anonymous CBP sources saying that a record-setting 2 million illegal crossers were apprehended since the beginning of Fiscal Year 2022.

“I encourage Republicans next year to enact strong oversight in this area – specifically how DHS leadership executed an intentional plan to endanger migrants and American communities by refusing to enforce the law,” Wolf wrote.
 
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marsh

On TB every waking moment

Why This Recession Is Different Than All The Rest

FRIDAY, AUG 19, 2022 - 06:44 AM
Authored by Peter Reagan via Birch Gold Group

No matter how you look at it, most Americans saving for retirement are feeling incredible pressure on their entire financial situation right now.

But before we dive into just how dire the economic situation is in the U.S., on the global level things aren’t “peachy” either. In fact, the International Monetary Fund (IMF) is predicting a massive global slowdown:

The IMF now expects the world economy to grow 3.2% in 2022 before slowing to a 2.9% GDP rate in 2023 — marking a downgrade of 0.4 and 0.7 percentage points, respectively, from April. The Washington-based institute said the revised outlook indicated that the downside risks outlined in its earlier report were now materializing. Those include soaring global inflation, China’s slowdown and the war in Ukraine.

But while the global GDP outlook isn’t so hot, the Biden economy could also be heading for serious trouble over the next few months.

To illustrate how fast things can change from one day to the next, on the 25th the chances of entering a recession were only “fair” according to CNBC and Janet Yellen:

The economy stands at least a fair chance of hitting the rule-of-thumb recession definition of two consecutive quarters with negative GDP readings. Should inflation stay at high levels, that then will trigger the biggest recession catalyst of all, namely Federal Reserve interest rate hikes. Treasury Secretary Janet Yellen said “we just don’t have” conditions consistent with a recession.

But only a few days later, and following her “faux pas” about inflation, Yellen was shown to be wrong once again. The U.S. economy did contract according to official GDP numbers released only a few days later, on the 28th.

This means that short of some miracle that isn’t likely to happen, a “widely accepted” economic recession is already upon us:

The U.S. economy contracted for the second straight quarter from April to June, hitting a widely accepted rule of thumb for a recession, the Bureau of Economic Analysis reported Thursday.

You can see the two-quarter slowdown in GDP reflected below on the bar graph from the U.S. Bureau of Economic Analysis (BEA):

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Source

Note this chart shows the change from the previous quarter – so two consecutive quarters of negative growth are compounding.

The BEA statement on the second quarter slowdown revealed another disturbing fact that could be a signal of even more economic malaise to come:

Real GDP decreased less in the second quarter than in the first quarter, decreasing 0.9 percent after decreasing 1.6 percent. The smaller decrease reflected an upturn in exports and a smaller decrease in federal government spending that were partly offset by larger declines in private inventory investment and state and local government spending, a slowdown in PCE, and downturns in nonresidential fixed investment and residential fixed investment. Imports decelerated.

This appears to reveal that U.S. exports “saved the day.” But even those gains were offset by various declines and slowdowns. That isn’t a good look, especially if exports were to decline in 3Q2022.

The next official BEA release is August 25, 2022. Assuming there are no major changes between now and then, the “cement” will have dried on this recession’s start.

Unfortunately, red-hot 9.1% inflation looks to be one of the causes of a slowing economy (people spending more carefully). That also just happens to be one of the Fed’s mandates.

Their idea of a solution is to raise funding rates to bring inflation under control.

Necessary Fed rate hikes aggravate the economic damage
So while the Fed attempts to “mop up the mess” that they created, the potential for further economic slowdown from their rate increases could send the U.S. into a deeper recession than it already is.

According to an article by Wolf Richter, the Federal Reserve just decided to increase rates another 75 basis points (.75%). It also doesn’t look like Chairman Powell wants to slow this hawkish behavior anytime soon:

To make sure everyone got it, he said several times that “another unusually large increase could be appropriate at the next meeting,” depending on the inflation data… Out the window went the notion of a “pause” in September that had been ridiculously hyped by some tightening-deniers a couple of months ago.

And Powell said that “we wouldn’t hesitate” to go even higher – so a 100-basis point hike maybe – if inflation data comes in hot.”

So in addition to the most recent rate hike, Powell finally appears to be putting the brakes on “cheap money for Wall Street.”

Any retirement saver who is thinking “It’s about time!” isn’t alone. In fact, a recent NPR piece put the situation as plainly as ever:

“The economy hangs in the balance.”

So does your retirement nest egg, if you aren’t prepared.

Protecting your savings from a different kind of recession
We can take an educated guess that international diversification won’t help much if we enter a global downturn. We don’t know how long or how deep that downturn will be.

We do know the Fed really messed up, so it’s critical that they clean up their mess. There’s no turning back from that now. A Fed clean-up on the economy aisle, in this case, means slowing the economy. Raising interest rates.

Discouraging economic activity. That’s bad for businesses and investors who depend on cheap loans and easy-money policies. The Fed is also cleaning up their mess very slowly, and ongoing interest rate hikes are too small to tame inflation quickly, but still enough to keep punishing bonds.

Maybe it’s time to consider diversifying your savings with assets whose value doesn’t depend on the whims of unelected bureaucrats?

With these thoughts in mind, it’s a good idea to consider safe havens for your hard-earned savings. Traditional inflation-resistant investments including TIPS, Series I bonds, and physical precious metals like gold and silver are excellent ones to consider.

A few minutes spent right now on learning how to preserve your retirement savings could save your financial future from the Fed’s mess.
 

marsh

On TB every waking moment

Jackson Hole: More Things To Worry About

FRIDAY, AUG 19, 2022 - 05:15 AM
By Simon White, Bloomberg Markets Live reporter and commentator

Anticipation that Powell’s Jackson Hole keynote will showcase his inflation-fighting resolve should depress equities in coming days. However, it’s hard to envision how he can successfully cause rates to reprice, and the speech will likely fall short of expectations.

It’s an article of faith among most analysts that inflation is too high and that it requires a significant tightening in financial conditions to bring it back to target. Furthermore, the 2023 Fed dots are 51bps higher than Jan. 24 implied Fed fund futures.

With equities still in a relatively buoyant frame of mind Powell seems to have a free shot at establishing his hawkish credentials.

There’s a good chance the Fed chief will craft a speech that signals that he is focused almost solely on inflation, the risk of the wage-price spiral, and the costs of inflation expectations getting out of hand (as Bloomberg economist Yelena Shulyatyeva has suggested). He should try to convince markets that these risks far exceed the costs of bumpy landing.

However:

What more can he say that hasn’t already been said? In the last press conference, Powell implied that the headline inflation measure was unusually important because of its role in potentially de-anchoring inflation expectations. He also said “nothing works in the economy without price stability” and “we don’t see it (the fight against inflation) as a trade-off with the employment mandate”. This language would need to be significantly sharpened or strong research findings would need to be produced to illustrate that the trade-off should be put on hold for there to be an impact on the longer-dated Fed expectations

Will markets be able to believe that the Fed will go on hiking once a sizable number of people are put out of work, and the noise of the mid-term elections is behind us?

There are precedents for the Fed dots sharply being disconnected from market pricing, and for the markets being right. For instance, the market was pricing 1.75% for Jan-2020 fed funds on June 13, 2017, versus the median dot released on June 14 which had Fed funds at 2.9% at end 2019, and the gap widened into September. It turned out that the market was right: effective fed funds ended 2019 at 1.55%

Granted, he could choose to focus on the need for tighter financial conditions or choose to flag a short-term front-loading of hikes at a faster pace than the market expects.

While both are reasonable for equity markets to worry about, there are reasons to be skeptical that either course of action will be taken.

Simpler than trying to deal with expectations further out would be to flag an imminent front-loading of hikes at a faster pace than the market expects:

Presumably, the very strong labor market and high headline inflation can be used as justification. Powell could easily communicate with the board ahead of time to get buy-in, and Bernanke probably did in 2012 to flag September QE3.

However, this is not the norm for Jackson Hole, which tends to deal with issues at a longer-time horizon.

Furthermore, it’s not short-term pricing that’s the problem. The Jan-23 Fed Fund Futures are already 11bps north of the dots.

Another method would be talk about the need to tighten financial conditions in the short term, which would imply that longer-term rates are too low, and that the Fed would not respond to equity weakness:

However, in Powell’s most recent press conference and the minutes, all references to financial conditions indicate that the Fed is happy with the tightening so far, and there doesn’t seem to be recognition that these conditions are too loose.

Indeed, the line on page 10 of the minutes which describes “a notable tightening of financial conditions” is quite typical of how they are described on all 9 occasions. That is, Fed might want conditions to tighten over time, but there seems no urgency in recent communications.

* * *

One final point here, from ZH, is that contrary to the Fed's view that financial conditions have tightened "notably", just the opposite has in fact occurred because as Goldman showed recently, the 20+ day period since the July FOMC has seen one of the biggest easings of financial conditions (driven by the surge in markets) on record.

1660948182919.png
 

marsh

On TB every waking moment
Dr. Navarro: The Fed and Congress’ Moronic Actions Are Gonna ‘Set Stagflation in Stone’ 12:10 min

Dr. Navarro: The Fed and Congress’ Moronic Actions Are Gonna ‘Set Stagflation in Stone’​

Bannons War Room Published August 19, 2022

(No summary given. Did not watch all the way. Fed hiking interest rates. Bank of England and Exec. branch pushing stimulus. Battle of Fiscal and Monetary policies. Creates a wage price spiral where wages chase price increases. Contagion spreading across the world and it's going to last a very long time. The problems are structural.)
 
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marsh

On TB every waking moment
Gov. Ron DeSantis: There's No Place for ESG Scores in a Healthy Society 1:03 min

Gov. Ron DeSantis: There's No Place for ESG Scores in a Healthy Society​

Red Voice Media Published August 19, 2022 20 Views

"The melding of corporate power and government power [has] traditionally been what fascism has been defined as. And I think the problem with ESG is they're trying to do a lot through the economy [with] what they cannot get through the ballot box. In some respects, its government subcontracting out the ruling class ideology to titans of industry. And so, you have these massive corporations essentially exercising public power."
 

marsh

On TB every waking moment

‘Nothing Left To Cut’: Inflation Leaves Families With Children In Dire Straits

Daily Caller News Foundation logo
JOHN HUGH DEMASTRI
August 19, 2022

The cost of raising a child to the age of 17 has climbed to $300,000, as the cost of necessities and childhood activities has skyrocketed with inflation, with those who were already struggling to afford their children running out of things to cut back on, The Wall Street Journal reported today.

As year-on-year inflation remained high in July at 8.5%, this new estimate (which assumes a middle class family of four with the youngest child born in 2015) is approximately $26,000, or 9%, more than previous calculations that assumed inflation rates from two years ago would stay consistent, the WSJ reported. Rising costs disproportionately impact those who are already poor, particularly single parents earning less than $20,000 a year who are already struggling to pay for necessities, the WSJ reported.

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“There’s nothing left to cut out,” said Muffy Mendoza, the Chief Executive Officer of Brown Mamas, a network of Pittsburgh-area black mothers, to the WSJ. “We’re cutting off the cable today because we can’t afford it.”

The Brookings Institution estimate is based on the cost of necessary expenses, including clothing, housing, food, and healthcare, in addition to traditional recreational activities, the WSJ reported. While inflation has gone down overall, it was due to significant decreases in energy costs, with food prices up 13.1% for food prepared at home, forcing families to reconsider their spending habits on products like name-brand snacks, according to the WSJ.

“A lot of people are going to think twice before they have either a first child or a subsequent child because everything is costing more,” Isabel Sawhill, a senior fellow at Brookings told the WSJ.

Inflation and price volatility often disproportionately impact black Americans compared to white Americans, according to a study published by the Federal Reserve Bank of Minneapolis. Black households spent a larger portion of their income on average on necessities than their white counterparts, and the products that they devote a larger share of their income to experience inflation more often, the study reports.

On average, the study found that black households typically face an effective rate of inflation about 8% higher than white households. “For example, if prices paid by White households increase by 7% over a year, our calculations suggest that one may expect them to increase by 7.5% for Black households,” the study states.

Adrienne Briggs, who has for decades run a child care center in Philadelphia, told the WSJ that the families she serves often pay her using government subsidies. “That actually pays about half of what my true cost really is, and it’s kind of hard to put the true cost onto the families just because of inflation, and even before inflation, just the economy itself,” she told the outlet.

Briggs said she herself makes less than $7.25 per hour, the minimum wage in Philadelphia, according to the WSJ.

The Brookings Institute was unavailable for comment after multiple requests from the Daily Caller News Foundation.
 

marsh

On TB every waking moment

China's Endless COVID Hysteria Is A Dark Experiment In Social Conditioning​


FRIDAY, AUG 19, 2022 - 03:40 PM

There are many people that will say that Americans “rolled over” in the face of covid restrictions and vaccine pressures despite extensive evidence that neither of these things had any effect on stopping or stalling the pandemic. But the notion of American pacifism is simply not true. If it were then the US would be looking a lot more like China right now.

Growing opposition to meaningless covid lockdowns and the vaccine passports was a mainstay in the US that made government enforcement impossible. Joe Biden's attempt to introduce federal vax passport rules for businesses failed miserably, red states defied the lockdowns within a few months of the start of the pandemic and the states that kept restrictions in place had HIGHER rates of infection while their economies sank. When it became clear to the establishment that millions of Americans were not going to comply, they had to back off.

Even blue states and cities have been forced to acknowledge that the farce is over; Los Angeles County tried to recently and the measure collapsed in failure as many municipalities said they planned to ignore any new ordnance. Covid's median Infection Fatality Rate of 0.23%[/URL] was not enough of a threat to convince the public to abandon their constitutional rights.

Without the millions of courageous people that refused to comply our country might look very different today. The CCP has faced little public opposition over their draconian covid rules, and when they do, they don't worry much because the population is completely disarmed. This has resulted in a veritable nightmare world for the citizenry. In fact, it almost seems like an experiment to find out how much psychological torture and oppression human beings are willing to endure.

Mandate cheerleaders boasted endlessly about how China effectively stopped the spread and was ready to reopen while the western world floundered because we refused to submit and accept medical tyranny “for the greater good.” Now these same people are silent as China goes though an array of outbreaks and lockdowns that cycle perpetually. In the meantime, most of the west has reopened and some places (like dozens of conservative states) have been open well over two years. Remember when leftists and foreign governments said we would be dying off in the streets and ruing our decision to follow the science rather than the hysteria? Yeah, the great cleansing of conservatives they were hoping for never happened.

Open authoritarian systems require dramatic participation by the people being controlled. They have to want to be locked down, otherwise the system cannot continue and it will eventually be toppled. One has to wonder, do the Chinese people even remember anymore why they are locking down? Or, have they just accepted the mandates as the new normal?

Currently, mass covid testing is a in most major population centers in China. Almost every large indoor business or government building requires proof of a negative covid test. This incessant testing is part of China's “zero covid” policy, and has led to testing booths in almost every neighborhood.

China has been perfecting the use of QR codes and tracking apps to keep the public cataloged; without these apps and codes a Chinese citizen would find it impossible to get a job or participate in the economy. They would die from starvation first; the minuscule chance of dying from covid would be the furthest thing from their mind.

Though PCR testing often reads asymptomatic cases as exactly the same as full blown infections, the CCP does not recognize the difference and treats every case as if each person is Patient Zero in a zombie apocalypse. For example, a six-year-old boy with asymptomatic covid tested positive and was found through tracking apps to have visited an IKEA store in Shanghai a couple of days earlier. So, rather than admitting that the testing and tracking is a failed system that does nothing to prevent covid spread, CCP authorities instead tried to lockdown the IKEA building with hundreds of people inside for a week. Here was the result:

View: https://youtu.be/Ehwk2SZndhA
1:31 min

Testing madness has even spread to the animals. The government is now requiring testing for 5 million fisherman as well as testing of the FISH being delivered by commercial fishing vessels to Chinese ports.

View: https://youtu.be/AA99NgoKDKc
1:51 min

The image of a fish being swabbed for covid is rather hilarious, but it's important to note that the CCP probably isn't stupid enough to believe that covid is transmitted through seafood. More likely what this is about is initiating a firestorm of public conditioning to convince the population that covid is around every corner and under every bed forever. The goal here is to engage in a constant fear campaign to make the people more compliant. It is an assessment to see what the government can get away with. And, in China at least, they can get away with quite a lot.

The Orwellian horror that China represents has essentially killed. Millions of potential foreign visitors now fear that they could be trapped within China's borders if they time their visit to coincide with another surprise mass lockdown. China's economy suffers extensively from their lockdown culture, but the CCP does not care. The experiment is more important than anything else.

This will never end. Once a government obtains this kind of all pervasive power they will stop at nothing to keep it. While the US has many problems to deal with and many elitists in positions of authority to unseat, at least we have a chance. Some places, like China, are so poisoned by complacency that they can't escape the boot; it has already landed on them.
 

marsh

On TB every waking moment

For a long time, those of us that were claiming that a global famine was coming were widely mocked. The skeptics could see the exact same trends that everyone else could see, but they just assumed that we would find a way to muddle through somehow. So they didn’t want to listen to common sense, and they weren’t interested in warnings from “gloom and doomers” such as myself. But I don’t consider myself to be a “doom and gloomer” because I am actually a very optimistic person. I am so excited to be living during this time in human history, but I also know that very difficult times are ahead of us. One of the major trends that I keep writing about over and over is famine, because the truth is that there simply is not going to be enough food for everyone on the planet in 2023 and beyond. Of course the mainstream media is also starting to issue similar warnings. For example, the following comes from a Yahoo News article entitled “Millions in East Africa face starvation due to drought”…

The World Health Organization warned on Wednesday that millions of people in East Africa face the threat of starvation. Speaking at a media briefing in Geneva, WHO Director-General Tedros Adhanom Ghebreyesus said that drought, climate change, rising prices and an ongoing civil war in northern Ethiopia are all contributing to worsening food insecurity.

Over 50 million people in East Africa will face acute food insecurity this year, a study from late July by the World Food Programme and Food and Agriculture Organization found. Roughly 7 million children are suffering from malnourishment and, according to the United Nations High Commissioner for Refugees, hundreds of thousands are leaving their homes in search of food or livelihoods. Affected countries include Djibouti, Ethiopia, Kenya, Somalia, South Sudan, Sudan and Uganda.

In Somalia, authorities are projecting that vegetable and grain production will “drop by about 80% this year” due to the endless drought that they are currently experiencing.

Millions of precious people in Africa are facing imminent starvation. But most of us in the western world don’t care, because our grocery stores are still full of food.

If you are one of those people that are choosing to ignore what is happening on the other side of the planet, you can afford to be cocky for now.

But conditions are starting to change here too.

Earlier today, I came across an excellent article about how the multi-year megadrought in the western half of the country is absolutely devastating the ranching industry…

The megadrought in the Western U.S., the region’s worst in 1,200 years, is threatening America’s cattle heartland: withering pastures, wrecking feed harvests and endangering a quintessential way of life.

The drought is forcing ranchers here in Texas and across the Southern plains to make an agonizing decision: Sell early now for less money than they planned on — or hold on, pray for rain and risk losing everything.

Sadly, more ranchers are deciding to sell off cattle with each passing day.

If you can believe it, the rate at which cattle are being sold is now 120 percent above last year’s level…

Over the last two weeks of July, the national cattle sale rate also jumped to 120 percent above 2021 levels — an average that reporting by The Hill and KAMR suggested conceals even higher frenzies of sales in some markets.

What this means is that lots of beef is coming on to the market.

Beef prices had been soaring, but in the short-term all of the cattle that are being slaughtered will help to moderate prices.

However, the outlook for 2023 is grim. The national cattle herd just keeps getting smaller and smaller, and some beef producers in Oklahoma are now predicting that ground beef “could eventually top $50 per pound”…

Thanks to the unending economic symptoms of the pandemic and 2022’s inflation double-punch, average beef prices are currently about twice what they were in 2019. Add in the deepening widespread drought, a shortage of hay and feed, skyrocketing prices, transport costs, and various other metrics, some Southwest Oklahoma beef producers suggest cheap ground beef could eventually top $50 per pound.

If the price of ground beef does reach 50 dollars a pound, what do you think our country will look like?

Needless to say, at that point there will be absolutely no debate about whether we are in a global food crisis or not.

And we are also being told that we could soon be facing shortages of potatoes and tomatoes. The following comes from Zero Hedge…

Days ago, we said the next food insecurity problem that may impact Americans’ eating habits could be an emerging potato shortage. Now there appears to be another issue: Tomatoes are getting squeezed, and risks of a ketchup shortage rise as a severe drought batter California’s farmland.

California accounts for a quarter of the world’s tomato output. The worst drought in 1,200 years has forced farmers to abandon fields as crops turn to dust amid a water crisis.

I recently wrote an entire article about the coming tomato shortage that you can find right here. Unless some rain comes along, the tomato crop in California this year is going to be absolutely disastrous.

So are you ready to eat less pizza because there isn’t enough pizza sauce to go around?

And are you ready to pay twice as much for spaghetti sauce at the grocery store?

On top of everything else, we are also potentially facing an extremely painful shortage of cotton…

Intense drought has forced cotton farmers to abandon millions of acres that have produced so little cotton that they are no longer worth harvesting, the Wall Street Journal reported Tuesday.

Farmers will harvest an estimated 7.13 million acres, abandoning approximately 5.35 million acres due to an ongoing drought hammering southern U.S. states, representing an estimated abandonment rate of 42.87%, according to the National Cotton Council of America, who based their analysis on U.S. Department of Agriculture (USDA) data. This represents the smallest harvest by area since 1868, The Wall Street Journal reported.

What I have touched on in this article is just the tip of the iceberg.

Agricultural production is going to be way down all over the planet this year.

But we will surely find a way to “muddle through” somehow, right?

If you have been a skeptic of reports of shortages and famine, it is time to wake up.

We really are staring an unprecedented global crisis right in the face, and the months ahead are going to be filled with pain.
 

marsh

On TB every waking moment

Op-Ed

Gen. Flynn: It's Time to Activate Every Single American - We Must Take Immediate and Necessary Action

By Michael Flynn
August 19, 2022 at 10:02am

National security and severe government reform are two of our nation’s massive near-term challenges.

In today’s environment, we face a time of consequence like few throughout U.S. history. The very fabric and reputation of our nation internationally are at risk, and we have a dangerously mounting threat internally from a formidable and vast, overreaching federal government.

Considering this, it is worth reflecting on one of our best presidents, Abraham Lincoln. In 1838, Lincoln gave an address in Springfield, Illinois, and during the address he stated:

“Shall we expect some transatlantic military giant, to step the Ocean, and crush us at a blow? Never! All the armies of Europe, Asia and Africa combined, with all the treasure of the earth (our own excepted) in their military chest; with a Buonaparte for a commander, could not by force, take a drink from the Ohio, or make a track on the Blue Ridge, in a trial of a thousand years.

At what point then is the approach of danger to be expected? I answer, if it ever reach us, it must spring up amongst us. It cannot come from abroad. If destruction be our lot, we must ourselves be its author and finisher. As a nation of freemen, we must live through all time, or die by suicide.”

Our nation faces perilous times due to the complacency of our citizens and the severe overreach of our government. But it has become very clear that the American people have awakened — the giant no longer sleeps.

We now must activate every single American who cares about this country, future generations of Americans, and the many thousands who preceded us who sacrificed everything for our freedom. Lincoln was right — we will be the authors of our demise if we do not decide to take immediate and necessary action.

In the course of human history, nation states and empires rose and fell. They did so because the people either succumbed to tyranny from without and from within, or they rose and responded to the challenges they faced.

America now faces the most consequential of times in all of U.S. history, and it is time to respond. Once again, we as a free democratic republic face a dramatic decision point. The decisions we must now make will impact future generations for centuries to come.

I have been saying “local action equals national impact” for quite some time now. This is an action phrase meant to cause you to think about how you, as an American citizen, must now actively participate in the fabric of our society.

There is an abundance of ways to achieve this, and you can start right at home in your own community. Get involved and take the time to learn about all aspects of the people and processes running your local government. The corruption in our federal, state and local governments runs deep. This does not mean everyone involved is corrupt, but as we have witnessed, from those elected to those bureaucrats in government service, there are many who are corrupt.

If we choose to live by the phrase “consent of the governed,” we must now choose to stand, speak up and live by those words. Those are action words meant to drive us to be the finisher of our existence instead of inviting those grim reapers who seek even more power and authority as well as our demise.

The cry I hear more and more often these days is, “What can I do to help?” You can help by cleaning up voter registration rolls, supporting local canvassing efforts, joining in to help a political campaign whose ideas you support, volunteering for the hundreds of positions still unfilled in your local community, speaking to people in your church or other local community organizations — all of these are actions you can take. Otherwise, we stand to lose our rights and freedoms.

Our Declaration of Independence is just that — a declaration of why we do what we do. We are independent and not governed by a monarch or a dictator or an overreaching federal government (not yet!). We assume the “powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle us.”

With these powers come responsibility and accountability. Our destiny as a nation will be guided by the actions we now choose from this day forward. These will be what dictate whether we continue as a functioning and independent people and constitutional republic where consent of the governed remains paramount. The charge is to get involved.

Lastly, VOTE! Vote for freedom, vote for America, but VOTE! We need to overwhelm the opposition that represents a rapid slide toward socialism and worse.

Although this overreaching administration should be expected to come up with other distractions in the coming days, weeks and months, do not be distracted. Instead, stay focused on the prize that is America. “One nation under God, indivisible, with liberty and justice for all.”

The views expressed in this opinion article are those of their author and are not necessarily either shared or endorsed by the owners of this website. If you are interested in contributing an Op-Ed to The Western Journal, you can learn about our submission guidelines and process here.
 

marsh

On TB every waking moment

Journalists Hook RV Up to 3 Electric Trucks - They Accidentally Expose Total Nightmare of Driving One

By Mike Landry August 19, 2022 at 1:25pm

“Towing a trailer with an EV is now possible but still far from practical due to drastically reduced range.”

That’s a summary of Car and Driver’s test of three electric vehicles towing a 29-foot, 6,100-pound camper trailer.

It’s an improvement, actually, because a year ago Car and Driver couldn’t find an EV that could pull more than 5,000 pounds.

Now they can — except EVs used for recreation are not yet ready for primetime.

Consider a person’s thoughts while driving a gasoline or diesel truck towing a camper to the great outdoors.

“I hope we get there before dark.”

“I hope we get a good campsite.”

“I hope we packed everything we need.”

And compare them with what might be the thoughts of an individual towing a trailer with an EV.

“I hope we get there before dark. I’d hate to see the truck’s lights drain the battery before we find a charging station.”

“I hope we get a good campsite. Having to stop to continually recharge the truck means we may not.”

“I hope we packed everything we need. And I hope there’s a charging station nearby.”

A major camping trip — especially with children — often can be stressful. Coaxing an electric vehicle along can add to the stress.

Because without having to recharge the battery, and that’s dependent upon finding a charging station that is readily accessible — unlike gas pumps, charging stations require the trailer to be unhitched to allow the truck to access the charger. “A major hassle” is how Car and Driver described that required unhitching.

But there are some positives to newer EVs, according to the publication, which tested a GMC Hummer EV, a Ford F-150 Lightning and a Rivian R1T.

“These new electric pickups are wonderful towing companions,” Car and Driver reported. They’re “aided by massive horsepower and torque that allow for easy merging with the flow of interstate traffic.”

“Their heavy curb weights (between 6855 pounds for the F-150 and 9640 pounds for the Hummer) lend an impressive stability when lugging a three-ton trailer.

“But you won’t want to be going far, as a full battery will take you a mere 100 miles in the Lightning, 110 miles in the R1T, and 140 miles in the Hummer.”

Each of those is less than half of the range of the electric trucks running at 75 mph without a load (230 miles for the Lightning, 280 miles for the R1T and 290 miles for the Hummer).

Speeds in the towing tests were limited to 70 mph.

Like EVs, when you hitch a trailer to a truck powered by an internal combustion engine, range drops by half, according to Car and Driver.

But even with a 2,000-pound trailer, a gas-powered Toyota Tundra can go an estimated 473 miles, according to a test by TheFastLaneTruck.com. In the same test, a Rivian R1T only went 153 miles using 91 percent of its charge.

And there’s another problem, Car and Driver reported — “low-battery warnings start in at roughly 50 miles to empty, when the battery pack is still nearly half full.”

So on top of all the other things on the mind of the EV driver towing a trailer to the wilderness comes this thought: “Why is that low-battery light on? I mean, we haven’t even been on the road for an hour!”

Perhaps in a year Car and Driver will be able to report more improvements to EVs. And perhaps not.

Setting aside the environmental destruction caused by mining for lithium batteries (and the sensitive geopolitics involved), the advocated wasteful scrapping of a well-functioning petroleum infrastructure, the needed development of an (and a power grid to support it) and the high costs of electric vehicles, it may be that limitations on such cars and trucks can be traced to their inability to catch on more than a century ago.

That inability can be traced to physics.

Electricity can do a lot. But maybe not in long-haul vehicles.

Despite the hype and political posturing, there may be no way around the economic and practical limitations of EVs.
 

marsh

On TB every waking moment

Tent Cities Are Taking Over Vast Stretches Of Our Major Cities (And It's Only Going To Get Worse)

FRIDAY, AUG 19, 2022 - 05:20 PM
Authored by Michael Snyder via The Economic Collapse blog,

If brighter days are ahead for the U.S. economy, why are so many tent cities popping up all over the nation? At this point things are so bad that even the New York Times is admitting that “America’s homelessness problem has the makings of an acute crisis”. That article goes on to explain that our homeless population is steadily rising. Tonight, hundreds of thousands of our fellow Americans will be sleeping in tents, under bridges, in overcrowded shelters or in their vehicles. Of course there are many that are so addicted to drugs or alcohol that they just sleep wherever they end up passing out. This is a tragedy that is growing with each passing day, and it is only going to get worse in the months ahead as the U.S. economy slows down even more.

Earlier today, I was truly stunned by a Fox News article about what is going on in Portland right now. Tent cities are literally taking over entire neighborhoods, and many residents are “resorting to selling their homes” as a result…

Residents in a Portland, Oregon, neighborhood are resorting to selling their homes and moving due to homeless encampments right outside their front doors.

“It’s a little scary because I know there is mental illness and that concerns me,” North Portland resident Maria Inocencio told KGW8.

Residents of North Portland said at least three families on one street have left in recent days due to the homeless camps, and KGW8 reported seeing for-sale signs up and down streets.

Portland was once such a beautiful place, but now it has literally been transformed into a hellhole.

Needless to say, Portland is far from alone. From Seattle all the way down to San Diego, communities all along the west coast are being plagued by relentlessly growing encampments. In many cases, such encampments are magnets for drug addicts and other societal outcasts.

But this is not just a west coast problem.

Let me give you are couple of examples. In recent weeks, tent cities have been popping up all over Pittsburgh…

“We want immediate action. We want to see people in homes. There’s a humane way to deal with homelessness,” said Pittsburgh City Council president Theresa Kail-Smith.

Homeless camps are popping up all over the Northside.

You’ll see them on the Riverfront Trail to Millvale.

Another makeshift tent city popped up underneath the Andy Warhol Bridge.

And in Fayetteville, North Carolina one burgeoning homeless camp recently made news because it features quite a few registered sex offenders…

There are 843 registered sex offenders living in Cumberland County. For dozens in Fayetteville, their home is a tent alongside the road.

Deputies in the Sheriff’s Office Sex Offender Registration Enforcement Unit (SOREU) learned the group of offenders are homeless and stay in a tent community along where the busy Martin Luther King Jr. Freeway (Highway 87) goes over Gillespie Street. Some live under the overpass while others live in a nearby field beside Gillespie Street.

From coast to coast, this is becoming an enormous issue.

And the truth is that it is only going to intensify as the months roll along.

In 2008 and 2009, millions of Americans lost their jobs as the economy plunged into a major downturn.

Once those people lost their jobs, many of them could no longer afford their homes and soon found themselves on the streets.

I wish that we would never have to see anything like that again. It was truly a very dark chapter in our history, and countless people had their lives turned completely upside down.

Unfortunately, it is starting to happen again.

As I detailed earlier this month, large companies are starting to lay off workers in substantial numbers.

This even includes Facebook. This week, we learned that Facebook recently used a very unique method to lay off one group of workers…

A group of about 60 contractors who work with Facebook learned they were laid off this week after they were chosen ‘at random’ by an algorithm.

The layoffs are the latest example of Big Tech reining in spending and hiring, as just days ago Apple let go of about 100 recruiters.

Meta CEO Mark Zuckerberg has also recently said he will weed out underperforming employees with ‘aggressive performance reviews’ as the company braces for a deep economic turndown.

I suppose that is one way to avoid personal responsibility for firing someone.

“Don’t blame me – it was the algorithm”.

If a big corporation that is swimming in cash like Facebook already feels forced to “thin the herd”, I think that is a very bad sign for the employment market as a whole.

In the months ahead, I think that there will be a lot more layoffs all over the country.

And this comes at a time when the housing market is starting to collapse.

Existing home sales in the United States have now fallen for six months in a row, and the numbers for the month of July were downright depressing…

Sales of previously owned homes fell nearly 6% in July compared with June, according to a monthly report from the National Association of Realtors.

The sales count declined to a seasonally adjusted annualized rate of 4.81 million units, the group added. It is the slowest sales pace since November 2015, with the exception of a brief plunge at the beginning of the Covid pandemic.

Sales dropped about 20% from the same month a year ago.

I anticipated that home sales would be lower than last July, but a 20 percent drop is pretty catastrophic.

And as the Federal Reserve continues to raise interest rates, it is probably inevitable that the numbers will get even worse.

The stage is being set for a historic economic meltdown, and I would encourage you to do what you can to get prepared for it.

2008 and 2009 were extremely bitter.

What is coming will likely be even worse.

And as the economy deteriorates, tent cities will continue to take over more neighborhoods all over America.

But don’t look down on those that are living in tents.

With a run of bad luck, you could be one of them too.
 

marsh

On TB every waking moment

Oversight Democrats Demand Federal Intervention Against 'Election Misinformation'

FRIDAY, AUG 19, 2022 - 04:40 PM
Authored by Joseph Lord via The Epoch Times (emphasis ours),

Democrats on the House Oversight Committee demanded in an Aug. 11 report that the federal government do more to respond to alleged “election misinformation,” which they say has weakened the capacity of election offices across the United States to carry out their official duties.

The committee report claimed that so-called misinformation efforts led by President Donald Trump and other conservatives have overwhelmed election offices and caused an uptick in threats against election workers (pdf). To respond to this, Democrats said, “strong federal leadership is needed.”

“Lies and confusion about the 2020 election are an ongoing threat to representative democracy,” the report states. “Misinformation and disinformation drive fraudulent efforts to cast doubt on legitimate election results, increase threats to election administrators, and create pathways for bad actors to subvert our democratic elections.”

In the same strain, the report added, “Lies about our elections, whether intentional falsehoods or pervasive misunderstandings, endanger both the democratic system and the people who administer our elections.”

Threats Against Election Workers Allegedly Increased
A key focus for Democrats in the report is the ways that the alleged misinformation about the 2020 election has increased threats against election officials and made it more difficult for them to do their jobs.

“Election officials have been continuously vilified by conspiracy theorists led by former President Donald Trump and his supporters,” the Democrats wrote in one section of the report.

In a subsection about “disinformation campaigns” carried out by “malicious domestic actors,” the report dives deeper into Democrats’ claims on this front.

“Leading up to the 2020 presidential election, misinformation about all aspects of the voting process surged,” they wrote. “The coronavirus pandemic created a unique environment for voter confusion as states sought to adapt their rules on registering and voting by mail, creating opportunities for online misinformation to spread widely across the country.

“After the election, some elected officials leveraged voters’ distrust to question the election results by espousing the ‘Big Lie’—the false claim that former President Donald Trump was the true winner of the 2020 election. These elected officials carried a dangerous message: that election administrators were to blame for the ‘stolen’ election.

“Election administrators informed the Committee that responding to the influx of threats and disinformation required hours of work and increased security that made it more difficult for them to do their jobs. The President of the Election Officials of Arizona reported to the Committee that responding to the surge of concerns about voting by mail was ‘distracting us to the point where we can’t get our real work done.’ As each new false allegation of voter fraud was released and spread online, ‘the angry phone calls and threats start anew.’

“The President of the Florida Supervisors of Election told the Committee they ‘have been consumed with responding to numerous public records requests, debunking election myths, and increasing voter education efforts to strengthen voter confidence in the elections process.’

“The mounting pressures facing election workers and administrators are compounded by a vicious cycle of misinformation intended to reduce public faith in our election system.”

The U.S. Department of Justice (DOJ) did find in an investigation that more than 1,000 election workers reported contacts that were “hostile or harassing.”

However, though the report implies that the uptick has caused a great deal of violence, DOJ findings showed that only about 11 percent of those reports—about 110 cases—met the threshold for federal criminal investigation.

Election Integrity Laws Targeted
A key critique in the Democrats’ report involved efforts by state legislatures to tighten their election security laws in the wake of continuing concerns over the integrity of the 2020 election.

In late 2021, Democrats in Congress attempted to respond to this spurt of tighter election laws—which many Democrats characterized as a “new Jim Crow”—with a series of ill-fated bills to strengthen federal control over elections.

Though those efforts failed one by one to win enough support in the Senate, where Sen. Joe Manchin (D-W.Va.) joined Republicans in opposing several of the proposals, Democrats have remained frustrated with the litany of new laws. The Aug. 11 report makes clear that these laws are still a prime target for disgruntled Democrats.

The report contends that “dangerous, misinformation-driven, so called ‘election integrity’ laws … threaten to undermine the voting process in future elections.”

Since the 2020 election, the report says further down, “state legislators have … introduced and passed hundreds of election laws based on the Big Lie. Some of these bills would give partisan legislators more control over non-partisan election systems, while simultaneously making it more difficult for election officials to effectively do their jobs.”

Throughout the report, Oversight Democrats leave no doubt as to whom they blame for the rise in “misinformation”: President Donald Trump and his conservative allies.

“Misinformation led to violent death threats against local election officials, often inspired by comments from right-wing politicians and activists, leading many experienced officials to leave their positions,” the report claims.

In another section, Democrats named several conservative commentators who have cast doubt on the results of the 2020 election by name.

“In Florida, Alex Jones, Roger Stone, and Mike Lindell spread conspiracy theories about one election official for responding to false allegations of fraud,” they wrote in an effort to bolster their claim that conservatives are largely responsible for issues experienced by election officials.

‘Fraudulent’ Audits
Democrats in the report targeted two election audits that took place in Arizona and New Mexico in the aftermath of the 2020 election. Despite being approved by relevant elected officials in the state, Democrats claimed these audits were “fraudulent.”

The most important audit in the aftermath of the 2020 election took place in Maricopa County, Arizona—a blue stronghold in the state, which President Joe Biden reportedly won. Maricopa County was at the center of electoral controversies, spurring Republicans in the Arizona State House to order a full audit of the county’s results.

The other prime audit targeted by Democrats in the report took place in Otero County, New Mexico.

These audits, Democrats said, were “partisan” and “highlight the grave harm that could result from such efforts.”

Committee Democrats said that the audits in Arizona and New Mexico were the result of “a network of malicious actors … encouraging elected officials across the country to undermine the integrity of their election systems.”

“The audit [in Maricopa County],” Democrats claimed, “undermined public confidence in elections and fostered efforts across the country to suppress votes and subvert elections.”

These “fraudulent” audits, Democrats said, “generate a feedback loop of more misinformation, increased pressure on election officials, and disruptive legislation, paving the way for bad actors to overturn valid election results.”

They warned of the possibility of such audits increasing after the 2022 elections, which they said could further damage trust in the electoral process.

“Fraudulent audits and unfounded refusals to certify election results may multiply during the 2022 midterms, further damaging trust in the electoral process.”

‘Strong Federal Action Is Needed’
In concluding their report, Democrats argued that “strong federal action is needed” to counter these alleged threats to the democratic process they say is caused by misinformation.

“The threat posed to American democracy by election misinformation has changed and increased dramatically in the past two years,” they wrote. “The Committee’s investigations make clear that the greatest current threat to democratic legitimacy now comes from lies by domestic actors who seek to convince Americans that their election systems are fraudulent, corrupt, or insecure.”

They describe the “urgent need to implement a federal whole-of-government plan to support local and state election officials as they respond to misinformation and share accurate information with voters. This response must also include vigorous law enforcement efforts to protect election officials from harassment and violence.”

Democrats then laid out a litany of suggestions for actions by both the president and Congress.

“The President should designate a lead federal agency or office to support state and local efforts to counter election misinformation,” they wrote, in a plan reminiscent of the now-defunct Department of Homeland Security Disinformation Governance Board, which was shut down after critics blasted the planned body as reminiscent of George Orwell’s “thought police” in the novel, “1984.”

“[The president] should direct relevant agencies to coordinate with the lead agency on overall approaches, chains of communication, and best practices for advancing accurate information about the election process.”

The report continues with the suggestion that “all relevant federal agencies should use their authorities in coordination with the lead agency to support state and local election officials’ efforts to counter misinformation during and after elections.”

Oversight Democrats also recommended the continuation and expansion of the Cybersecurity and Infrastructure Security Agency’s (CISA) “rumor control” webpage.

“During the 2020 election, the [CISA webpage] sought to counter election misinformation,” they wrote. “CISA should continue to update this site to respond to national misinformation narratives. Trusted local voices, however, are the most effective messengers against misinformation.”

The report went on to say that CISA’s misinformation team should coordinate with state authorities to create state-level “rumor control” websites.

Further, Oversight Democrats demanded that the DOJ “aggressively pursue criminal and civil enforcement against those who threaten or harass election administrators.”

To aid in this, Democrats recommended the creation of a DOJ task force that would aid local officials in determining which federal charges they can bring against those who threaten or harass election workers.

Finally, on a congressional front, Oversight Democrats called for expanding funding allocations to election offices across the country, in addition to strengthening already-existing laws against threatening, harassing, or harming election officials.

“To counter malicious actors threatening violence against election officials, Congress should also enact meaningful statutory penalties for anyone who threatens election officials and administrators,” the report said.

Failed Efforts to Change Election Law
The items targeted by the report—allegations of misinformation, attacks on legally ordered election audits, and on election integrity legislation passed in state legislatures across the United States—fit into the larger context of a string of failed efforts by Democrats during the 117th Congress to strengthen federal control over elections.

Election integrity bills have been a focal point for attacks by Democrats, who have said that the legislation constitutes a “new Jim Crow.”

Over the summer and early fall of 2021, when many legislatures were considering and passing such legislation for the first time, Democrats put forward a litany of bills designed to counter this alleged threat.

The most ambitious of these, the For the People Act, would have rendered the federal government more control over elections than it has ever had.

Among many other provisions, that bill would declare Congress has unilateral authority over the conducting of elections in any areas where state and federal prerogatives clashed.

The bill also would have forbidden illegal aliens from facing legal consequences for efforts to vote illegally, allowed for election day voter registration, and permitted convicted felons to vote.

This bill, by far the most expansive piece of election legislation put forward by Democrats, passed the House along party lines but failed in the Senate after Manchin refused to lend it his support.

Other bills, including the House-created “John Lewis Voting Rights Advancement Act” and a compromise bill created by Manchin, would have gone substantially less far—largely reinstating parts of the 1965 Voting Rights Act that were struck down in 2013 as unconstitutional by the Supreme Court in Shelby County v. Holder.

Like the For the People Act, these too failed to win enough support in the Senate to overcome the 60-vote filibuster threshold.

Republicans have been almost unilaterally opposed to Democrats’ election schemes, which they have said are an effort at “federalizing” elections.

Thus, even if Congress were to move ahead with a legislative response to Oversight Democrats’ claims, it is unclear whether the bill would get very far in the upper chamber.

Because of GOP opposition, it is likely that any such effort by Democrats will fail for the foreseeable future, short of the party gaining a 60-vote supermajority in the Senate.
 

marsh

On TB every waking moment
Benji Backer: There's a "shift" happening among liberals as they warm up to nuclear energy 1:32 min

Benji Backer: There's a "shift" happening among liberals as they warm up to nuclear energy​

Just the News - Not Noise Published August 19, 2022
Benji Backer, American Conservation Coalition Founder, says there’s a “shift” happening among Democrats and liberals regarding their opinions of nuclear energy and that they’re beginning to recognize the need for “base load energy source” to replace coal.
 

marsh

On TB every waking moment
(Canada)

Rural Municipalities of Alberta to study economic impact of climate policies 5:14 min

Rural Municipalities of Alberta to study economic impact of climate policies​

Rebel News Published August 19, 2022

A group of rural municipalities in Alberta is doing more to study the economic impact of Justin Trudeau's climate policies than the Liberals have ever done.

^^^^

Rural Municipalities of Alberta to study economic impact of climate policies​


Small towns in Alberta are doing more to study the economic impact of Justin Trudeau's climate policies than the Liberals have ever done.

Rural Municipalities Alberta (RMA) is seeking a qualified contractor to analyze the effects of the carbon tax on rural people and tabulate the increase costs to towns trying to provide services and maintain facilities as the Liberals continue to hike their climate tithing.

The request was published on the Purchasing Connection[/URL]

"The purpose of this project is to undertake research and analysis to quantify the net impact of the carbon tax on rural Alberta households. This analysis should also explore comparisons between average or typical rural and urban households in Alberta, and may benefit from interjurisdictional comparisons.

Additionally, RMA is interested in understanding the direct impact that carbon pricing has on its member municipalities, particularly related to operating costs linked to delivering municipal services and maintaining infrastructure. A comparative analysis may be useful in understanding this impact. The outcome of this research should propose solutions (if there is a disparity) that can lessen the impact of carbon pricing on rural Albertans and municipalities.

This will be used to inform RMA’s position in future advocacy."

The study to be undertaken by RMA is more than the Liberals have ever done to try to quantify the impacts of their climate policies on the people forced to pay for them.

A previous Rebel News access to information filing returned no records when Natural Resources Canada was queried about any economic analysis of Bill C-69, the anti-pipeline bill. When Conservative MP Pat Kelly used an order paper question to compel the feds to produce any studies completed on the increase of the carbon tax on the profitability of the oil and gas sector, he was told, “The federal government does not have an estimate of the magnitude of these impacts as there is no single rule of thumb for the impact of oil price declines on the economy or government revenues.”

A proactively released 2022 access filing into the Finance Department wanting records relating to the studies on employment and GDP harm done by “Canada's environmental commitment since 2019” returned no records.

The lack of studies and analysis done by the Liberals is a tacit admission that they know what the findings will show, that we are not, as Trudeau says, getting more back in carbon tax rebates than we pay.

Instead, we are being taken to the cleaners by the Liberals carbon Ponzi schemes.
 

marsh

On TB every waking moment
Episode 5: Communist Infiltration 19:31 min

Episode 5: Communist Infiltration
Patriot Games Published August 19, 2022
J.R. (Jeff) Nyquist joins us on Patriot Games to discuss the stark realities of communist infiltration in America. Jeff is an expert in geo-political affairs, communism, and the Russia/China cabal.
 

marsh

On TB every waking moment
The Recent Great 9 to 0 U.S. Supreme Court Victory for Free Speech: Shurtleff v. Boston 22:25 min

The Recent Great 9 to 0 U.S. Supreme Court Victory for Free Speech: Shurtleff v. Boston

The New American Published August 19, 2022

In an amazing, unanimous decision, the Supreme Court ruled 9-0 on May 2 that the City of Boston violated the free speech rights of a Christian group by refusing to fly a flag bearing the image of a cross at City Hall, even though it had allowed hundreds of other groups to fly various flags, including the flags of Communist China, Communist Cuba, and the rainbow flags of LGBTQ groups, as part of a program that let private organizations use the flagpole while holding events in the plaza below. In 2017, Harold “Hal Shurtleff, the founder-director of Camp Constitution, a Christian camp and retreat center, filed suit after being denied the opportunity to fly the Christian flag. It was blatant discrimination against Christians. The SCOTUS decision, written by liberal Justice Stephen Breyer, came out the day before the infamous leak of the SCOTUS draft of the Dobbs/Roe decision and thus, was completely eclipsed by the furor that followed. Thanks to the heroic persistence of Hal Shurtleff – and Liberty Council, which represented him – the SCOTUS ruling in Shurtleff v. Boston will help curtail the anti-Christian bias that has infected many of our government policies and court rulings for much of the past century.
 

marsh

On TB every waking moment

marsh

On TB every waking moment
Are China & Russia WARNING us that the dollar may COLLAPSE? 12:11 min

Are China & Russia WARNING us that the dollar may COLLAPSE?​

Glenn Beck Published August 19, 2022

The strength of the U.S. dollar is in incredible danger, especially as more countries around the world take BIG moves to distance themselves from relying on it. In fact, a new alliance of nations — which includes both China and Russia and which calls itself the ‘Axis of Good’ — even is WARNING America of their plans. In this clip, Glenn describes their 75 point plan that President Xi encouraged Westerners to read. If this leads to a COLLAPSE of the U.S. dollar, today’s inflation would become much, much worse. Russia and China are warning us of what’s on the horizon, so where is our U.S. leadership? Prepare for impact, Glenn says…
 
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