GOV/MIL Main "Great Reset" Thread

[marsh]

GOP Rep Chip Roy Introduces Bill to Defund John Kerry's 'Climate Czar' Role

Republican Rep. Chip Roy (R-TX) has introduced a bill to defund John Kerry’s position as Democrat President Joe Biden’s "climate czar."

slaynews.com

GOP Rep Chip Roy Introduces Bill to Defund John Kerry’s ‘Climate Czar’ Role

David HawkinsJune 17, 20221 Comment

Republican Rep. Chip Roy (R-TX) has introduced a bill to defund John Kerry’s position as Democrat President Joe Biden’s “climate czar.”

Roy and others in the GOP are not happy with jet-setting Kerry lecturing the public about the climate.

Biden invented the role for his old friend and private jet enthusiast Kerry after he was sworn into office.

The bill is co-sponsored by GOP Representatives Marjorie Taylor Greene (GA), Thomas Massie (KY), Lauren Boebert (CO), Scott Perry (PA), Mary Miller (IL), Louie Gohmert (TX), Andy Biggs (AZ), and Greg Steube (FL).

“Notwithstanding any other provision of law, no Federal funds may be used for the Special Presidential Envoy for Climate, including for salary, administrative, and travel expenses of the Special Presidential Envoy for Climate and for any other activity of the Special Presidential Envoy for Climate.”

Kerry has come under increasing scrutiny for jetting around the world to preach about the environment as Biden’s “U.S. climate envoy.”

Kerry and his wife, Teresa Heinz Kerry, also own multiple homes, cars, a yacht, and a private jet.
His family also owns a fleet of private jets.

While most people want to do what is best for the planet, we have to proceed wisely as we transition to clean energy.

Many are now questioning if Kerry needs to fly around the world to demand cleaner energy when he can do it all by Zoom.

Elon Musk, one of the world’s leading environmentalists, said in March:

“Increased oil and gas production in the short term is critical or people around the world will be placed under great duress.

“This is not a question of money, it is a question of having enough energy to power civilization.”



From Fox News:

So far this year, John Kerry’s family jet has already emitted 30 times the amount of carbon emitted by a typical passenger vehicle per year, data reviewed by Fox News show.

A Fox News review of flight data and an industry emissions calculator found that the jet emitted an estimated 138 metric tons of carbon on trips dating from Jan. 10 to Aug. 6.

The numbers come as Kerry, President Biden’s climate envoy, emphasizes the need for climate action amid the United Nation’s latest report.

…Based on Paramount Business Jets’ emissions calculator, the Kerry family jet’s carbon emissions would have reached an estimated 303,309 lbs. or 138 metric tons.

For comparison, the Environmental Protection Agency (EPA) says that the average passenger vehicle emits 4.6 metric tons of carbon dioxide in a given year.

It’s unclear how much more the Kerry family jet will fly this year but so far, it has racked up 30 times more than the annual amount for the average passenger vehicle.

A State Department spokesperson told Fox News:

“Secretary Kerry travels commercially or via military air in his role as Special Presidential Envoy for Climate.”

 

[marsh]

Lies, Famine, and RINOs—OH MY! 59:22 min

Lies, Famine, and RINOs—OH MY!
The Joe Mobley Show Published June 16, 2022

Co-founder of Freedom First Network and great American patriot JD Rucker joins the show to blow the lid off of what is coming—famine, death, and the biggest push for power the American people have ever seen. What’s your plan for water? Energy? Medicine? You need to think about these things.

 

[marsh]

Biden's 'Malaise Moment': Blames Americans' 'Mental Health' and Lies Head off About Inflation

Then there are the questions about the interview itself...

redstate.com

Biden's 'Malaise Moment': Blames Americans' 'Mental Health' and Lies Head off About Inflation

By Nick Arama | Jun 17, 2022 7:45 AM ET

AP Photo/Manuel Balce Ceneta

During Jimmy Carter’s presidency, he made remarks that came to be called his “malaise speech.” Not because he ever used the word, but because his assessment of the feelings of the Americans from the crush of inflation came off so pessimistically. It became the anchor on — and description of — his presidency.

Welcome to that moment for Joe Biden, with some added lies. Biden finally did an interview with the AP — after weeks of evading one. It was just thirty minutes, so it didn’t seem to cover a lot of material. But Biden got defensive during the interview, as he does whenever he is called wrong or is challenged. He claimed that a recession was “not inevitable” and then he lied his head off about the U.S. being better at inflation than the rest of the world.

“First of all, it’s not inevitable,” he said. “Secondly, we’re in a stronger position than any nation in the world to overcome this inflation.”

As for the causes of inflation, Biden flashed some defensiveness on that count. “If it’s my fault, why is it the case in every other major industrial country in the world that inflation is higher? You ask yourself that? I’m not being a wise guy,” he said.

The AP tried to spin a bit what he “meant” by that statement, suggesting he was talking about inflation “rising worldwide.” But his White House Press Secretary Karine Jean-Pierre essentially repeated the same lie when queried by Fox’s Peter Doocy, launching into a word salad. She mentioned the G7, saying that we were in a much stronger position economically “than the rest.”

Biden and Jean-Pierre’s remarks of course are lies.

The latest figures on inflation for these countries indicate the following: Germany at 7.9%, France at 5.2%, Japan at 2.5%, India at 7.04%, Canada and Italy at 6.8%, and Saudi Arabia at 2.2%. Meanwhile, data released last week showed that U.S. inflation rose in May to a four-decade high of 8.6%.

He continued spinning nonsense, claiming that the thought that his American Rescue Plan had contributed to inflation was “bizarre,” that most economists didn’t think that and that there was “zero evidence” for the claim. “You could argue whether it had a marginal, a minor impact on inflation,” he said. “I don’t think it did. And most economists do not think it did. But the idea that it caused inflation is bizarre.” Even now, he still doesn’t get it/refuses to admit it. He repeated that he still wanted to try to push more spending through Congress.

The AP admits that Americans have “soured on his job performance.” That’s one way of putting it.

Only 39% of U.S. adults approve of Biden’s performance as president, according to a May poll from The Associated Press-NORC Center for Public Research, dipping from already negative ratings a month earlier.

Overall, only about 2 in 10 adults said the U.S. is heading in the right direction or that the economy is good, both down from about 3 in 10 in April. Those drops were concentrated among Democrats, with just 33% within the president’s party saying the country is headed in the right direction.

But what was Biden’s take on why Americans are upset? Carter said back then that people were suffering from a “crisis of confidence.” Biden being Biden was much less elegant He claimed Americans were mentally unwell as a consequence of the COVID crisis.

As for the overall American mindset, Biden said, “People are really, really down.”

“Their need for mental health in America has skyrocketed because people have seen everything upset,” Biden said. “Everything they’ve counted on upset. But most of it’s the consequence of what happened, what happened as a consequence of the, the COVID crisis.”

Biden then tried to blame Republicans saying their social policies were contributing to anxieties.

But Republicans aren’t in charge of the government and it isn’t Republicans who Americans are savaging in polls — it’s Biden. As we reported, in a new Fox poll, it’s Republicans who Americans are trusting on inflation and a host of other subjects including preserving democracy, rather than Biden and Democrats.

If he wants to talk about Americans and attack their mental health for being unhappy with him, he’s not exactly the strongest demonstrator of good mental health, as we’ve seen over and over again. But since the AP curiously doesn’t seem to have released a video of the interview (wonder why), here’s Biden at his signing of the shipping bill on Thursday. This is the guy who thinks he’s doing a good job and is skewering the mental health of Americans, as he stares off into space and can’t seem to (or wouldn’t) even answer basic questions.

https://twitter.com/i/web/status/1537528615449022467

View: https://twitter.com/i/status/1537528615449022467
.13 min

https://twitter.com/i/web/status/1537518625397129217

View: https://twitter.com/i/status/1537518625397129217
.07 min

The issues are clear, and they’re not with Americans. He continues to refuse to answer the questions about his son as well.

Instead of a video of Biden, we got this from the AP with the reporter ‘explaining’ what Biden said rather than seeing it for ourselves.

View: https://youtu.be/nbKYJ4_9YoM
2:29 min

They did provide a transcript which reads like one long rant that involves more lies, including about what Trump said about Charlottesville and exaggerating “teaching at Penn.”



Maybe they could explain why we didn’t see or hear the interview itself so that we could interpret what Biden said and how he said it ourselves, rather than listening to the reporter’s spin of it?

 

[marsh]

6 Truths About The Environment The Biden Admin Would Like To Censor

White House adviser Gina McCarthy proposed tech companies must shut down conversations that challenge the narrative on energy.

thefederalist.com

6 Truths About The Environment The Biden Administration Would Like To Censor

BY: ELISE MCCUE
JUNE 17, 2022

IMAGE CREDITPIXABAY/PEXELS
White House adviser Gina McCarthy proposed tech companies must shut down conversations that challenge the narrative on energy.

ELISE MCCUE

White House national climate adviser Gina McCarthy took left-wing censorship a step further by proposing tech companies must shut down conversations that challenge the administration’s narrative on energy last Thursday.

“The tech companies have to stop allowing specific individuals over and over again to spread disinformation,” McCarthy said in an interview with Axios.

Let’s play along with McCarthy’s hypothetical in which “disinformation” means the facts and opinions not specifically spoon-fed to Americans by the government. Here are six truths about the environment that the Biden administration would probably censor.

1. The Green New Deal could harm the environment.
The left’s plan to employ “WWII-type mobilization to address the grave threat posed by climate change” is not only too radical to garner widespread support, but also introduces problems for the ecosystem. Even put aside the $5 trillion price tag that switching from coal and nuclear to 100 percent renewable energy would cost.

Policies that would drastically reduce production of fossil fuels domestically would not stop consumption of these fuels globally. Alternatively, production of these fossil fuels will continue to happen in places where standards are not as high as in the United States, resulting in more toxins being released into the environment.

In addition, so-called “green energy” requires rare earths and other components that currently are controlled by countries that destroy the environment for political and economic gain, such as China. Wind farm components and electric car batteries contain many major toxins and require huge amounts of energy to assemble and put online, while providing low-quality energy in return.

2. A mass shift towards low-gas cars is only immediately feasible for the rich, and never for transportation.

Electric vehicles (EVs) are around $10,000 more expensive than the average car, and the costs don’t stop there. Installation of an at-home charging station can cost anywhere between $300 for extremely basic charging hardware to $35,000 for more advanced chargers. Additional costs also include added costs to household electrical bills, special EV permits, and special renovation costs.

And where do unthinking environmentalists expect the electricity generation to fuel these cars comes from? Sometimes coal, sometimes gas. Certainly not reliably from wind farms.

While Biden claims “the typical driver will save $80 a month” when switching from driving a gas car to an EV, his statement neglects the high costs of purchase and upkeep of EVs that make them an unrealistic choice for most Americans. It also ignores that electric work trucks, farm vehicles, semi trailers, and the like are completely unfeasible. Even if they were to be mass-engineered in the future, their components run into all the energy and rare earths problems of other EVs.

What “green” energy really means is “low energy.” And a low-energy society is a poverty-stricken one.

3. Not all fracking is detrimental.
Fracking natural gas as a form of fossil fuels is a way in which America has harnessed our natural resources without expelling excessive carbon into the atmosphere. It has also helped stimulate our economy by producing hundreds of thousands of jobs in the industry.

However, President Biden has promised time and time again to eliminate fracking and plans to eradicate fossil fuels in a costly switch to completely “clean” energy.

4. Chemical abortions introduce hazardous waste into water systems.
At-home abortions that chemically starve, disintegrate, and expel unborn babies from their mother’s wombs have environmental repercussions in addition to their obvious moral problems and health risks. In the final stage of the abortion in which the broken-down flesh and bone of the unborn baby are expelled from the womb, the pro-aborts at Planned Parenthood tell women to treat the remains as a “heavy, crampy period” and flush them down the toilet.
Students For Life President Kristan Hawkins notes that, with chemical abortions making up nearly 40 percent of all abortions, there is rising concern over the hazards flushing human remains introduces into our water systems.

With the FDA’s decision to allow abortion pills to be mailed, this environmental side effect of the chemical abortion pill would surely get silenced.

5. Intermittent energy is not ready to replace fossil fuels.
Around 1.2 million megawatts of wind and solar power have been installed over the past 10 years, but the world still runs on 80 percent fossil fuels. Why? It’s greatly due to the unreliability of intermittent energy forms.

Consider the many factors that affect the capacity of energy these renewable resources are actually able to produce: inconsistent wind, angle and power of the sun, and other factors. While those 1.2 megawatts have been installed, only a fraction have been actually produced by these renewable sources.

As Biden promises a complete switch to renewable energy sources, the reality is that these sources are not as reliable as fossil fuels and the complete replacement of fossil fuels with “green energy” will have devastating effects on our country and the world. A low-energy economy means more hungry Americans, worse medical care, worse education, and more.

6. Disposable masks are toxic for the environment.
The number of masks produced since the start of Covid-19 is well into the tens of billions, and many of them have found their way into our oceans. Harmful toxins such as lead, copper, and antimony were found to be released from these masks when coming in contact with water. On top of all that, it is estimated that it will take about 450 years for this wave of discarded face masks to degrade.

This fact does not bode well with the Biden administration’s perpetuation of Covid panic, most recently with the claim that one-third of Americans are in areas experiencing a high volume of cases. Despite their admission that this is not as dire as the omicron variant, their call to Americans to continue masking up only sustains the environmental harms from masks.

 

[marsh]

White House Still Considering Sending ‘Gas Cards’ To The American People: Report | The Daily Wire

www.dailywire.com

White House Still Considering Sending ‘Gas Cards’ To The American People: Report

By Tim Meads
Jun 17, 2022 DailyWire.com•

MANDEL NGAN/AFP via Getty Images

The White House is still considering sending out gas rebate cards in an effort to help millions of Americans afford gas as they face high prices at the pump.

On Friday, Fox Business reported that President Joe Biden is considering all options to provide relief — including gas cards.

“The president has made clear that he is willing to explore all options and hear all ideas that would help lower gas prices for the American people,” a White House official told Fox Business.

“No decisions have been made,” the official added.

In March, The Daily Wire reported that the White House held off on sending out taxpayer-funded pre-paid debit cards after receiving pushback from Democrats on Capitol Hill, who were worried the idea would never work in providing economic relief in the face of high fuel prices.

At the time, it was reported that Biden’s team and the Democrats were also considering sending more stimulus checks, raising gas taxes on oil companies to fund means-based assistance, and rescinding federal oil leases to companies who do not use them.

In March, Axios reported that the Democratic caucus laid out to the White House why the gas cards were a bad idea.

The Democratic leaders allegedly argued that the plan would be expensive and poorly targeted, could worsen inflation, and wouldn’t be all that effective. Axios also said that the group was worried that the distribution of the cards would be a slow process that could hamper the IRS in the middle of tax season.

The Washington Post also reported on Friday that White House aides were having difficulty with the gas card plan due to a microchip shortage facing the nation. Others also feared that Americans would not actually use cards for gas, according to the Post.

The average gallon of gasoline currently costs $5.00 nationwide, AAA reported on Friday.

On Wednesday, in another attempt to drive down the cost of gas, the president sent oil and gas companies a strongly worded letter, demanding that they increase oil production while criticizing them for making record profits.

On Friday, former President Donald Trump’s chief of staff Mick Mulvaney blasted the Biden administration for sending that letter in the first place.

“What’s really surprising, Maria, is the letter itself, because Biden didn’t write it,” Mulvaney told Fox Business’ Maria Bartiromo. “Presidents don’t write those kinds of letters. It’s written by staff.

And what this means is that he’s surrounded himself with people who really don’t understand capitalism and the profit motive. They surround themselves with people who think the government can wave a magic wand and make people make more things. And that, I think, is more disturbing for the long run.”

 

[marsh]

Former Obama Economist Identifies Key 'Culprit' of Inflation

townhall.com

Former Obama Economist Identifies Key 'Culprit' of Inflation

Leah Barkoukis
Posted: Jun 17, 2022 8:00 AM

Source: AP Photo/Andrew Harnik
Obama administration economist Steve Rattner said Thursday that President Biden’s spending policies are partially to blame for record-high inflation.

During an interview on MSNBC, host Joe Scarborough wondered whether it was “utter nonsense” that people are blaming the president for higher prices.

While noting there are “several culprits” that have led to inflation, Rattner pointed to the $1.9 trillion American Rescue Plan as an example.

“There is Biden and what he’s done, and it’s not irrelevant, but it’s not –”

“And what is that?” Scarborough interjected.

“Well, that is all the spending, basically,” he explained. “The $1,400 tax, the $2 trillion that you and I have talked about a lot that’s on the sidelines, half of that’s government money that we gave people to spend, and now they’re trying to spend it, so you get inflation.”

Rattner also pointed to the Fed for inflation, which he said “completely blew it” in a way he hasn’t seen in decades.

“I love the Fed, but there’s nothing good to say about it,” he stated. “And it is absolutely true that there are unforced problems out there. Putin, I wouldn’t call this Putin’s inflation, but there’s no question that Ukraine and Russia have had a major impact on the inflation.”

https://twitter.com/i/web/status/1537441317763944448

View: https://twitter.com/i/status/1537441317763944448
.32 min

President Biden, meanwhile, has said criticism that the legislation caused inflation is "bizarre."



On Monday, Rattner said people should "thank Joe Manchin" for blocking Build Back Better "because $6.5 trillion of spending in this economy would make these [inflation and interest rate] numbers look small."

 

[marsh]

The Central Bank Digital Currency Sales Pitch Begins ⋆ The Liberty Daily

If you love the news, check out The Liberty Daily's homepage. As this site and other “fringe” news outlets have been saying for a while, this nation and the world are heading toward Central Bank Digital Currencies. The sales pitch for a digital U.S. dollar was launched today by Federal Reserve...

thelibertydaily.com

The Central Bank Digital Currency Sales Pitch Begins

By J.D. Rucker • Jun. 17, 2022

As this site and other “fringe” news outlets have been saying for a while, this nation and the world are heading toward Central Bank Digital Currencies. The sales pitch for a digital U.S. dollar was launched today by Federal Reserve Chairman Jerome Powell, and it came with a very ominous warning.

The dollar is currently the world reserve currency, meaning the economic successes of most nations are tied to it. But that status has been in a rapid state of decline over the last year, coinciding suspiciously with the installation of Joe Biden into the Oval Office and the rise in rhetoric about The Great Reset. Both are tied together hand-in-hand; “Build Back Better” was first coined by the World Economic Forum, not the Biden campaign.

Now, Powell is making his first official pitch:

https://twitter.com/i/web/status/1537832095602597890

View: https://twitter.com/i/status/1537832095602597890
.40 min

The U.S. dollar has never needed help in maintaining its status. The only reason it needs help today is because Democrats and their globalist elite puppet masters like Barack Obama and Klaus Schwab are forcing anti-American policies all over our economy.

Kelen McBreen at Infowars reported:

Speaking at the Federal Reserve Board’s “International Roles of the U.S. Dollar” research conference in Washington D.C., Powell began by describing the dollar’s role as the world’s reserve currency in the post-WWII era.

After explaining the benefits of the dollar’s international role, Powell changed his tone and warned, “Looking forward, rapid changes are taking place in the global monetary system that may affect the international role of the dollar in the future.”

He continued, saying, “Most major economies already have or are in the process of developing instant, 24/7 payments. Our own FedNow service will be coming online in 2023. And in light of the tremendous growth in crypto-assets and stablecoins, the Federal Reserve is examining whether a U.S. central bank digital currency (CBDC) would improve on an already safe and efficient domestic payments system.“

Citing a Federal Reserve white paper on the subject, Powell claimed a U.S. CBDC “could also potentially help maintain the dollar’s international standing.”

Powell made the comparison to Bitcoin and other cryptocurrencies. Central Bank Digital Currencies are NOT like cryptocurrencies. The technology is similar, but the key difference is in control. One of the whole reasons for cryptocurrencies is to decentralize them. CBDCs, by their very nature, are centralized and under the control of those who will use them against us.

Stay frosty, folks. This is just the opening volley. Prepare to fight this with everything you can muster. Tell your friends and family. A U.S. Central Bank Digital Currency will destroy this nation’s sovereignty and usher into the globalist dream of Neo-Marxism.

 

[marsh]

Infowars Article

Infowars: There's a War on for your Mind!

www.infowars.com

US Federal Reserve Working On Digital Currency As Global ‘Role Of The Dollar’ At Risk

by Kelen McBreen
June 17th 2022, 6:00 pm

'Rapid changes are taking place in the global monetary system,' says Federal Reserve Chairman Jerome Powell

Image Credit:
Kevin Dietsch / Staff / Getty

United States Federal Reserve Chairman Jerome Powell on Friday hinted at major monetary changes shaking up the global financial system in the near future.

https://twitter.com/i/web/status/1537832095602597890

View: https://twitter.com/i/status/1537832095602597890
.40 min

Speaking at the Federal Reserve Board’s “International Roles of the U.S. Dollar” research conference in Washington D.C., Powell began by describing the dollar’s role as the world’s reserve currency in the post-WWII era.

After explaining the benefits of the dollar’s international role, Powell changed his tone and warned, “Looking forward, rapid changes are taking place in the global monetary system that may affect the international role of the dollar in the future.”

He continued, saying, “Most major economies already have or are in the process of developing instant, 24/7 payments. Our own FedNow service will be coming online in 2023. And in light of the tremendous growth in crypto-assets and stablecoins, the Federal Reserve is examining whether a U.S. central bank digital currency (CBDC) would improve on an already safe and efficient domestic payments system.“

Citing a Federal Reserve white paper on the subject, Powell claimed a U.S. CBDC “could also potentially help maintain the dollar’s international standing.”

The Federal Reserve conference took place as Russian President Vladimir Putin delivered a speech at the annual St. Petersburg International Economic Forum (SPIEF).

The Russian president said Western nations are blaming global inflation on Russia’s war in Ukraine instead of the massive amount of money printed over several decades.

https://twitter.com/i/web/status/1537849666192257026

View: https://twitter.com/i/status/1537849666192257026
.35 min

Putin also acknowledged huge global economic shifts are on the horizon, saying, “We are talking about real processes, about truly revolutionary, tectonic changes in geopolitics, global economy, the technological sphere, in the entire system of international relations.”

The Russian leader said, “The unipolar world era is finished,” and that new, powerful nations are ready to take a new role on the world stage.

A “change of elites” in the West will follow a “revolutionary” change sparked by Europe and America’s response to the war in Ukraine, he added.

“Such a detachment from reality, from the demands of society, will inevitably lead to a surge of populism and the growth of radical movements, to serious social and economic changes, to degradation, and in the near future, to a change of elites,” Putin said.

Continuing, Putin claimed, “some global currencies are committing suicide.”

Infowars suggested in early March that the Ukraine-Russia war may be the catalyst to remove the dollar as the world’s reserve currency.

In that article, we pointed out the Federal Reserve and International Monetary Fund have both suggested a world with more than one reserve currency could emerge.

During a February 28, 2022 transmission of “The Alex Jones Show,” Jones predicted the Ukraine war will be used to trigger major financial changes.

Jones noted that right as humanity began waking up to the scam of Covid lockdowns, experimental vaccines and the overall globalist agenda, “Boom! This war starts.”

“And what does it do?” he asked. “The war cuts off resources. The war makes people poorer, the big central banks loan more money, we go more into debt, more toward global bankruptcy and the worldwide universal basic income that once we give up and believe the free market doesn’t work anymore, the corporate fascists can fully take over with the cashless society, universal basic income, global reset.”

Video on website 19:31 min

With groups like the World Economic Forum hoping to have America replaced as a world power by the year 2030, which aligns with the UN’s dystopian Agenda 2030, this entire situation could be an example of orchestrated chaos.

Whether the war between Ukraine and Russia was planned all along or the elite are simply taking advantage of the situation, the conflict is being used to enact world-changing economic shifts.

 

[marsh]

Minnesota: Experts Predict Rolling Blackouts Amid Summer Heat 2:02 min

MINNESOTA: EXPERTS PREDICT ROLLING BLACKOUTS AMID SUMMER HEAT

• WATCH

John Lauritsen reports on what power companies are doing to prevent blackouts in Minnesota. WCCO CBS Minneapolis

 

[marsh]

Independent Banker

Independent Banker covers the topics and trends most important to community banks and is the number one source of community banking news.

independentbanker.org

Now is the time to prepare for the FedNow launch

February 1, 2022

The Federal Reserve’s new payments rail launches in one year. Photo by Traveler1116/iStock
The FedNow Service is launching in early 2023, giving community banks about a year to plan.

Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare.
By Colleen Morrison
The clock is ticking. With less than a year until the scheduled launch of the FedNow Service, community banks are still awaiting updates on specifics. The Federal Reserve has been forthcoming in communicating details and capabilities, but the exact date of product availability remains undetermined.

“In 2022, we’ve got some critical milestones around integration testing with all of our Fed systems, as well as pilot testing,” said Connie Theien, senior vice president and director, payments industry relations with the Federal Reserve System, to ICBA members during a November 2021 webinar (see sidebar below). “And so when we hit some of those, we’re hoping not too far into 2022, we’ll be able to give you a more specific implementation window.”

Yet, even without a target date on the calendar, work efforts from the Fed and community bankers are signaling the flurry of activity that has been set in motion.

“2022 will be a big year as we move from development to pilot testing and begin to engage more with financial institutions in active planning,” says Nick Stanescu, senior vice president, FedNow business executive, the Federal Reserve Bank of Boston. “We remain on track to go live with the FedNow Service in 2023, beginning a new era for the U.S. payment system.”

The pilot experience
In January 2021, the Federal Reserve convened the FedNow Pilot Program, which consists of more than 110 organizations to support development, testing and adoption of the FedNow Service. The first year of activity centered on information sharing and input collection, but now, pilot participants are transitioning from institutional planning to execution.

“We expect to begin extensive pilot testing in fall 2022, in parallel with finalizing our development of release one, to ensure the FedNow Service is ready for general availability in 2023,” Stanescu says.

“This operating model—iterative and parallel testing and development—ensures an agile approach and strong collaboration as the Federal Reserve and pilot organizations jointly prepare our solutions for launch.”

As part of preparatory efforts, pilot participants have been encouraged to assess their existing platforms, products and functionality. In some cases, FedNow specifications may require upgrades to ensure community bank systems can integrate appropriately.

“We actually, as a result of COVID, had bumped up our adoption of a new online banking platform. That was a necessary step to help get us ready for FedNow,” says Sherri Reagin, chief financial officer at $540 million-asset North Salem State Bank in North Salem, Ind., and a FedNow Pilot Program participant.

“Our older platform would not have talked to FedNow through our core provider, so it is a multilayer process to be able to use the FedNow technology,” she adds. “Fortunately, we had made that move. Had we not, we would have been further down in the [FedNow] queue with our core provider.”

“[With FedNow,] community banks have an opportunity to seize the moment.”
—Tina Giorgio, iCBA

Strategic considerations
Beyond assessing operational functionality, experts recommend that community banks take a step back to evaluate the FedNow opportunity in light of business plans. Doing so will help community banks align goals and resources to determine the best partners, approaches and use cases to emphasize in their FedNow release.

“FedNow offers a broader strategy play, and community banks have an opportunity to seize the moment,” says ICBA Bancard president and CEO Tina Giorgio. “This is a major change that’s coming. How that fits into everything else you’re doing is the most important part. It’s not about bolting on another solution; it’s about taking stock of how you’re doing things.”

To that point, community banks should consider how FedNow interacts or affects other products, services and initiatives and assess the value it may provide in support of those efforts.

“Instant payments will deliver benefits beyond speed,” says Deborah Matthews Phillips, ICBA’s senior vice president of payments and technology policy. “When banks see the value of these benefits, such as ‘good funds,’ eliminating or mitigating exception processing for their business customers and more, they will be inspired to prioritize their readiness.”

Go-to-market preparations
As community banks plan to take the solution to market, how they structure the customer-facing product will be central to the user experience and ongoing adoption.

“The FedNow Service is a payments platform … There’s not going to be an app that a customer can use that is put out by the Fed,” says Blayne Furey, management information systems officer at $138 million-asset Freedom Bank in Columbia Falls, Mont., and another pilot bank. “The Federal Reserve is creating this FedNow Service that applications can connect to or utilize for that instant send-receive-settle action for payments.”

The Federal Reserve is hoping to spur market development of customer-facing solutions through its Ecosystem Accelerator Group. This group has been established to help encourage futher development with the FedNow Service as it evolves. The Fed also will offer a service provider showcase, featuring entries from members of the accelerator group, which will include video and narrative profiles of service providers who intend to use the FedNow Service.

“We intend to cut our teeth on the business side to ensure we get a good grasp on how to support customers and how to control risk before we start offering a solution for consumers.”
—Blayne Furey, Freedom Bank

Finding the right technology partner may be a central part of community bank planning. Far beyond basic connection links, banks can utilize vendor partners who can provide necessary applications for a safe on-ramp for participation, particularly in this first phase when expansive fraud mitigation tools may not be available from the Fed.

“Our institution has taken a strong focus on fraud as we prepare for FedNow,” Furey says. “We’ve formed a fraud team, and we’re working on incorporating things like the Fraud Classifier Model to help us spot trends early, as well as identify similarities or differences between cases we encounter. [Fraud mitigation] will be a crucial element in our selection of who we partner with to offer FedNow.”

Placing parameters around the initial product rollout will also enable community banks to limit exposures and test the waters before making FedNow more widely available. “We are looking at solutions we can offer to our business clients first,” Furey says. “Reason being, we can mitigate and control risk much more easily with our business clients. We intend to cut our teeth on the business side to ensure we get a good grasp on how to support customers and how to control risk before we start offering a solution for consumers.”

Easy does it
Reagin also plans to introduce FedNow via a phased implementation. “Initially, we will roll it out to our employees and certain customers who have shown interest,” she says. “Then, I foresee a broader rollout to other customers. My thought is once we get started on it, it’s just going to really take off and grow at a very quick pace.”

So, what can community banks do today? Experts recommend speaking to core providers, industry partners and Federal Reserve account representatives in the near term. Not only will these conversations reiterate interest in the service, they also will spark dialogue around the steps to be service ready and encourage faster third-party product development. In short, they will help community banks be ready to go when the Fed is.

As Stanescu says, “Now is the time to engage with the Federal Reserve and other partners to prepare for the FedNow Service.”
FedNow planning resources
The Federal Reserve
The Federal Reserve has made numerous resources available through its FedNow Explorer website, including:

• FedNow Service Readiness Guide
• Product Capability and Planning Information Sheet
• Technology Planning Information Sheet
• Treasury Operations Planning Information Sheet
• FedNow Service Product Sheet

Visit explore.fednow.org for these and other tools to support your payments planning.
ICBA & ICBA Bancard
In addition, ICBA and ICBA Bancard have developed informational pieces to help with the FedNow implementation process, including:

• Next steps on your instant payments journey: Updates on FedNow (recorded webinar)
• Value of the FedNow Service for Community Banks
• Faster Payments Resource Page
• ICBA Bancard Digital Payments Strategy Guide

Additional resources will be developed and shared directly with ICBA members as the service launch date nears. Visit icba.org for more information.

 

[marsh]

Food processors warn gas crisis may shut them down and see food prices rise further… 3:46 min

Food processors warn gas crisis may shut them down and see food prices rise further…
solarireport Published June 17, 2022


^^^^^

Food processors warn gas crisis may shut them down and see food price…

archived 10 Jun 2022 13:59:27 UTC

archive.ph

Food processors warn gas crisis may shut them down and see food prices rise further
By Eric Tlozek
Posted Yesterday at 8:10am, updated 15h ago15 hours ago

Jamie Higgins and operations manager George Handakaris say the MBL Proteins plant is at risk of closure if high gas prices continue.(ABC News: Eric Tlozek)

abc.net.au/news/food-processors-warn-gas-crisis-could-shut-them-down/101138228

Food processors say Australia's gas crisis is threatening the country's food security.
Key points:

• Spiking gas prices have put pressure on energy-intensive businesses such as food processors
• The gas crisis might make it harder for food producers and processors to supply Australia
• Food manufacturers want an immediate gas reserve for domestic use

They say the high price of gas is set to push up the price of food and could even disrupt its supply.

The Master Butchers Co-operative (MBL) is just one business facing astronomic price rises for gas supplying its plant in Adelaide's north.

The cooperative processes most of the by-products from South Australia's meat industry, turning them into valuable things like tallow and pet food oil.

By-products can not be sent to landfill and there is only limited capacity to compost them.

"Our gas bill has gone from $135,000 a month to $900,000 a month," CEO Jamie Higgins told the ABC.

"It's catastrophic for us."

"If that price was to continue for a full year that's a $9 million increase in our costs and that would be terminal for our business."

MBL Proteins takes by-products from the meat, fish and poultry industry, absorbing waste products that would exceed available capacity in landfills or composting.(ABC News: Eric Tlozek)

If the company can not get affordable gas soon, it will have to shut down, which means meat and poultry processors might have to stop too.

"It would stop the market, stop the supply, especially in South Australia," Mr Higgins said.

Food supply constraints on horizon
MBL is just one of many food processors affected by high gas prices.

"We use a lot of gas to produce food and we're really hearing that prices are sort of doubling or tenfold what they previously were and that's having a huge impact on our industry," Food SA CEO Catherine Sayer said.

That means everyday customers will soon see higher prices for food.

Industries warn of higher costs to consumers
Australian manufacturers facing massive increases in gas prices are warning they could be forced to close. Consumers will also pay more, adding to cost-of-living pressures.


But energy economist Liam Wagner, an associate professor from Adelaide University, said the impact could be worse than that.

"I think we're likely to see significant supply constraints of food and we're likely to see quite significant increases in prices for other commodities, particularly in the housing construction sector and also in transportation," he said.

The federal government has an emergency ability to force gas companies to send extra supply into the domestic market under the Australian Domestic Gas Security Mechanism (AGDSM), known as the "gas trigger".

After a meeting of Commonwealth, state and territory energy ministers on Thursday, the government is reviewing that option.

"Nothing is off the table in regards to the secure gas mechanism," Resources Minister Madeleine King said.

Madeleine King said the government was looking at the gas trigger.(ABC News: Matt Roberts)

"So, we will consider all options, we'll do it as a matter of urgency so that there are options available to the government to make sure there is adequate supply."

It also wants to renegotiate the Heads of Agreement (HOA) signed between gas exporters and the government.

The industry said it has already been supplying extra gas.

But a cold snap, flooding in Queensland's coal mines and outages at coal power plants have forced electricity generators to buy most of it.

"Which is why we need to actually have coal power at its output, have less demand on gas that's going into the power station, making more gas available and hopefully that relieves pressure on those prices," Origin Energy CEO Frank Calabria told the ABC.

"But spot prices right now in response to that power market have hit very high."

The gas industry body said it would work constructively with the government to review the rules, but warned against rash changes to existing arrangements.

High gas prices are putting pressure on food processors, who warn food prices might rise.(ABC News: Brant Cumming)

"The ADGSM has never been triggered, as the gas market has always been in surplus," the Australian Petroleum Production and Exploration Association (APPEA) said in a statement.

"In addition, the industry has met all of its obligations under each of the three HOAs that have been in place since October 2017."

The coal power plants that have left a gap in the energy market are expected to come back online over the next three months, but that will be after peak winter demand has passed.

 

[marsh]

Credit Unions and Banking Groups Warn of “Devastating Consequences” of a U.S CBDC... 8:35 min

Credit Unions and Banking Groups Warn of “Devastating Consequences” of a U.S CBDC... (Central Bank Digital Currency)
solarireport Published June 10, 2022


******

Credit Unions and Banking Groups Warn of “Devastating Consequences” of a U.S Central Bank Digital Currency

By Pam Martens and Russ Martens: May 31, 2022 ~ Credit union and banking trade groups have released a joint letter to the chair and ranking member of the

wallstreetonparade.com

Credit Unions and Banking Groups Warn of “Devastating Consequences” of a U.S Central Bank Digital Currency

By Pam Martens and Russ Martens: May 31, 2022 ~



Credit union and banking trade groups have released a joint letter to the chair and ranking member of the House Financial Services Committee, warning of “devastating consequences” if the Federal Reserve moves forward with a Central Bank Digital Currency (CBDC). The letter was sent on May 25, one day before the Committee convened a hearing on “Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency.”

That hearing took testimony from only one witness, Lael Brainard, the Vice Chair of the Federal Reserve.

The fact that credit unions, which frequently serve unionized labor, joined with banking trade groups to sign off on the letter, lends credibility to the “devastating consequences” the letter enumerates of a Central Bank Digital Currency.

A CBDC would allow the Federal Reserve to compete for deposits with credit unions and banks.

The letter correctly assesses the downside of such a move as follows:

“Private money is created through financial intermediation by banks and credit unions– the process in which financial institutions take deposits and lend out and invest those deposits. Private money is used by financial institutions to provide funding for businesses and consumers and thus supports economic growth. Introducing a CBDC would be a deliberate decision to shift some volume of private money to public money, with potentially devastating consequences for the cost and availability of credit for consumers and businesses. In sum, the savings of businesses and consumers would no longer fund the assets of banks – primarily, loans – but instead would fund the assets of the Federal Reserve – primarily securities issued by the Treasury Department, Fannie Mae, and Freddie Mac.”

In a similar vein, the letter warns:

“In effect, a CBDC will serve as an advantaged competitor to retail bank deposits that will move money away from banks and into accounts at the Federal Reserve where the funds cannot be lent back into the economy. These deposit accounts represent 71% of bank funding today.

Losing this critical funding source would undermine the economics of the banking business model, severely restricting credit availability, increasing the cost of credit, and causing a slowdown of the economy. ABA estimates that even a CBDC where accounts were capped at $5,000 per ‘end user’ could result in $720 billion in deposits leaving the banking system.”

The joint letter also calls out the absurdity that the dollar is not already digitized. (Anyone who uses a “pay by phone” method to pay a monthly bill in seconds from their checking account or a debit card to pay for purchases fully appreciates how rapid and streamlined the digital dollar already is.) The credit unions and banking groups write as follows:

“Contrary to the assertions of some CBDC proponents, a U.S. CBDC is not necessary to ‘digitize the dollar,’ as the dollar functions primarily in digital form today. Commercial bank money is a digital dollar, and is currently accepted without question by businesses and consumers as a means of payment.”

In July 2019, NYU Professor and economist Nouriel Roubini also touched on the existing speed of the Visa credit card system versus digital currency in a Bloomberg News interview. Roubini stated:

“…nobody, not even this blockchain conference, accepts Bitcoin for paying for conference fees cause you can do only five transactions per second with Bitcoin. With the Visa system you can do 25,000 transactions per second…Crypto’s nonsense. It’s a failure. Nobody’s using it for any transactions.”

One of the key concerns in Congress and at the Fed appears to be that another country, such as China, might get ahead of the U.S. in the development of their own Central Bank Digital Currency and endanger the U.S. dollar as the world’s reserve currency. At the House Financial Services Committee hearing on May 26, Fed Vice Chair Brainard testified as follows:

“The future evolution of international payments and capital flows will also influence considerations surrounding a potential U.S. CBDC. The dollar is the most widely used currency in international payments and investments, which benefits the United States by reducing transaction and borrowing costs for U.S. households, businesses, and government. In future states where other major foreign currencies are issued in CBDC form, it is prudent to consider how the potential absence or presence of a U.S. central bank digital dollar could affect the use of the dollar in global payments. For example, the People’s Bank of China has been piloting the digital yuan, and several other foreign central banks are issuing or considering issuing their own digital currencies. A U.S. CBDC may be one potential way to ensure that people around the world who use the dollar can continue to rely on the strength and safety of the U.S. currency to transact and conduct business in the digital financial system. More broadly, it is important for the United States to play a lead role in the development of standards governing international digital finance transactions involving CBDCs consistent with the norms of privacy, accessibility, interoperability, and security.”

The credit unions and banking groups’ joint letter addressed that issue as follows:

“…a CBDC does not appear to be necessary to support the role of the U.S. dollar internationally. While many countries have experimented with a CBDC, many have focused on a wholesale model, something not contemplated by the Federal Reserve’s discussion paper. In addition, many have pulled these experiments back as the costs of implementation have become apparent. The Federal Reserve notes that the dollar’s status as the global reserve currency is driven by 1) the strength and openness of our economy, 2) the depth of our financial markets, and 3) the trust in our institutions and rule of law.”'

Wall Street On Parade has been skeptical of the invisible hand(s) behind this push for a Central Bank Digital Currency at the Fed – (the Fed being the perpetual provider of bailouts to Wall Street’s casino banks) – ever since a similar invisible hand pushed Saule Omarova forward as President Biden’s nominee to head the Office of the Comptroller of the Currency, the regulator of national banks (those that operate across state lines).

In October of last year, the Vanderbilt Law Review published a 69-page paper by Omarova in which she proposed not just a Central Bank Digital Currency but a hair-raising, radical restructuring of the Fed that would include the following:

(1) Move all commercial bank deposits from commercial banks to so-called FedAccounts at the Federal Reserve;

(2) Allow the Fed, in “extreme and rare circumstances, when the Fed is unable to control inflation by raising interest rates,” to confiscate deposits from these FedAccounts in order to tighten monetary policy;

(3) Allow the most Wall Street-conflicted regional Fed bank in the country, the New York Fed, when there are “rises in market value at rates suggestive of a bubble trend,” such as with technology stocks today, to “short these securities, thereby putting downward pressure on their prices”;

(4) Eliminate the Federal Deposit Insurance Corporation (FDIC) that insures bank deposits in the U.S. and that prevents panic runs on banks;

(5) Consolidate all bank regulatory functions at the OCC – which Omarova was nominated to head.

By early November, Omarova was facing even more controversy when it was revealed that she had called the very industry that she had been nominated to supervise the “quintessential a**hole industry” in a 2019 Canadian feature documentary. Omarova eventually withdrew her nomination after it became clear she did not have the votes to be confirmed.

You can read the joint letter from the credit union and banking groups here; Brainard’s [written] testimony is available here.

^^^^
(COMMENT: As fractional banking on the local level permits these banks to hold a fraction of the amount deposited as reserves and lends the rest to local businesses et al., this would seem to undercut that local resource for community growth. As it becomes a monopoly on banking, it becomes a vehicle for central control of people and businesses trapped in it. )

 

[raven]

Credit Unions and Banking Groups Warn of “Devastating Consequences” of a U.S CBDC... 8:35 min

Credit Unions and Banking Groups Warn of “Devastating Consequences” of a U.S CBDC... (Central Bank Digital Currency)
solarireport Published June 10, 2022

View attachment 345401
******

Credit Unions and Banking Groups Warn of “Devastating Consequences” of a U.S Central Bank Digital Currency

By Pam Martens and Russ Martens: May 31, 2022 ~ Credit union and banking trade groups have released a joint letter to the chair and ranking member of the

wallstreetonparade.com

Credit Unions and Banking Groups Warn of “Devastating Consequences” of a U.S Central Bank Digital Currency

By Pam Martens and Russ Martens: May 31, 2022 ~



Credit union and banking trade groups have released a joint letter to the chair and ranking member of the House Financial Services Committee, warning of “devastating consequences” if the Federal Reserve moves forward with a Central Bank Digital Currency (CBDC). The letter was sent on May 25, one day before the Committee convened a hearing on “Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency.”

That hearing took testimony from only one witness, Lael Brainard, the Vice Chair of the Federal Reserve.

The fact that credit unions, which frequently serve unionized labor, joined with banking trade groups to sign off on the letter, lends credibility to the “devastating consequences” the letter enumerates of a Central Bank Digital Currency.

A CBDC would allow the Federal Reserve to compete for deposits with credit unions and banks.

The letter correctly assesses the downside of such a move as follows:

“Private money is created through financial intermediation by banks and credit unions– the process in which financial institutions take deposits and lend out and invest those deposits. Private money is used by financial institutions to provide funding for businesses and consumers and thus supports economic growth. Introducing a CBDC would be a deliberate decision to shift some volume of private money to public money, with potentially devastating consequences for the cost and availability of credit for consumers and businesses. In sum, the savings of businesses and consumers would no longer fund the assets of banks – primarily, loans – but instead would fund the assets of the Federal Reserve – primarily securities issued by the Treasury Department, Fannie Mae, and Freddie Mac.”

In a similar vein, the letter warns:

“In effect, a CBDC will serve as an advantaged competitor to retail bank deposits that will move money away from banks and into accounts at the Federal Reserve where the funds cannot be lent back into the economy. These deposit accounts represent 71% of bank funding today.

Losing this critical funding source would undermine the economics of the banking business model, severely restricting credit availability, increasing the cost of credit, and causing a slowdown of the economy. ABA estimates that even a CBDC where accounts were capped at $5,000 per ‘end user’ could result in $720 billion in deposits leaving the banking system.”

The joint letter also calls out the absurdity that the dollar is not already digitized. (Anyone who uses a “pay by phone” method to pay a monthly bill in seconds from their checking account or a debit card to pay for purchases fully appreciates how rapid and streamlined the digital dollar already is.) The credit unions and banking groups write as follows:

“Contrary to the assertions of some CBDC proponents, a U.S. CBDC is not necessary to ‘digitize the dollar,’ as the dollar functions primarily in digital form today. Commercial bank money is a digital dollar, and is currently accepted without question by businesses and consumers as a means of payment.”

In July 2019, NYU Professor and economist Nouriel Roubini also touched on the existing speed of the Visa credit card system versus digital currency in a Bloomberg News interview. Roubini stated:

“…nobody, not even this blockchain conference, accepts Bitcoin for paying for conference fees cause you can do only five transactions per second with Bitcoin. With the Visa system you can do 25,000 transactions per second…Crypto’s nonsense. It’s a failure. Nobody’s using it for any transactions.”

One of the key concerns in Congress and at the Fed appears to be that another country, such as China, might get ahead of the U.S. in the development of their own Central Bank Digital Currency and endanger the U.S. dollar as the world’s reserve currency. At the House Financial Services Committee hearing on May 26, Fed Vice Chair Brainard testified as follows:

“The future evolution of international payments and capital flows will also influence considerations surrounding a potential U.S. CBDC. The dollar is the most widely used currency in international payments and investments, which benefits the United States by reducing transaction and borrowing costs for U.S. households, businesses, and government. In future states where other major foreign currencies are issued in CBDC form, it is prudent to consider how the potential absence or presence of a U.S. central bank digital dollar could affect the use of the dollar in global payments. For example, the People’s Bank of China has been piloting the digital yuan, and several other foreign central banks are issuing or considering issuing their own digital currencies. A U.S. CBDC may be one potential way to ensure that people around the world who use the dollar can continue to rely on the strength and safety of the U.S. currency to transact and conduct business in the digital financial system. More broadly, it is important for the United States to play a lead role in the development of standards governing international digital finance transactions involving CBDCs consistent with the norms of privacy, accessibility, interoperability, and security.”

The credit unions and banking groups’ joint letter addressed that issue as follows:

“…a CBDC does not appear to be necessary to support the role of the U.S. dollar internationally. While many countries have experimented with a CBDC, many have focused on a wholesale model, something not contemplated by the Federal Reserve’s discussion paper. In addition, many have pulled these experiments back as the costs of implementation have become apparent. The Federal Reserve notes that the dollar’s status as the global reserve currency is driven by 1) the strength and openness of our economy, 2) the depth of our financial markets, and 3) the trust in our institutions and rule of law.”'

Wall Street On Parade has been skeptical of the invisible hand(s) behind this push for a Central Bank Digital Currency at the Fed – (the Fed being the perpetual provider of bailouts to Wall Street’s casino banks) – ever since a similar invisible hand pushed Saule Omarova forward as President Biden’s nominee to head the Office of the Comptroller of the Currency, the regulator of national banks (those that operate across state lines).

In October of last year, the Vanderbilt Law Review published a 69-page paper by Omarova in which she proposed not just a Central Bank Digital Currency but a hair-raising, radical restructuring of the Fed that would include the following:

(1) Move all commercial bank deposits from commercial banks to so-called FedAccounts at the Federal Reserve;

(2) Allow the Fed, in “extreme and rare circumstances, when the Fed is unable to control inflation by raising interest rates,” to confiscate deposits from these FedAccounts in order to tighten monetary policy;

(3) Allow the most Wall Street-conflicted regional Fed bank in the country, the New York Fed, when there are “rises in market value at rates suggestive of a bubble trend,” such as with technology stocks today, to “short these securities, thereby putting downward pressure on their prices”;

(4) Eliminate the Federal Deposit Insurance Corporation (FDIC) that insures bank deposits in the U.S. and that prevents panic runs on banks;

(5) Consolidate all bank regulatory functions at the OCC – which Omarova was nominated to head.

By early November, Omarova was facing even more controversy when it was revealed that she had called the very industry that she had been nominated to supervise the “quintessential a**hole industry” in a 2019 Canadian feature documentary. Omarova eventually withdrew her nomination after it became clear she did not have the votes to be confirmed.

You can read the joint letter from the credit union and banking groups here; Brainard’s [written] testimony is available here.

^^^^
(COMMENT: As fractional banking on the local level permits these banks to hold a fraction of the amount deposited as reserves and lends the rest to local businesses et al., this would seem to undercut that local resource for community growth. As it becomes a monopoly on banking, it becomes a vehicle for central control of people and businesses trapped in it. )

Banks would have to start competing with the Fed by offering to pay interest on deposits or they would go out of business.

 

[marsh]

Visualizing The Coming Shift In Global Economic Power (2006-2036)` | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Visualizing The Coming Shift In Global Economic Power (2006-2036)`

FRIDAY, JUN 17, 2022 - 08:20 PM
As the post-pandemic recovery chugs along, the global economy is set to see major changes in the coming decades. Most significantly, China is forecast to pass the United States to become the largest economy globally.

The world’s economic center has long been drifting from Europe and North America over to Asia. This global shift was kickstarted by lowered trade barriers and greater economic freedom, which attracted foreign direct investment (FDI). Another major driving factor was the improvements in infrastructure and communications, and a general increase in economic complexity in the region.

Visual Capitlaist's visualization uses data from the 13th edition of World Economic League Table 2022, a forecast published by the Center for Economics and Business Research (CEBR).


When Will China Become the Largest Economic Power?
China is expected to surpass the U.S. by the year 2030. A faster than expected recovery in the U.S. in 2021, and China’s struggles under the “Zero-COVID” policies have delayed the country taking the top spot by about two years.

China has maintained its positive GDP growth due to the stability provided by domestic demand. This has proven crucial in sustaining the country’s economic growth. China’s fiscal and economic policy had focused on this prior to the pandemic over fears of growing Western trade restrictions.

India is Primed for the #3 Spot
India is expected to become the third largest country in terms of GDP with $10.8 trillion projected in 2031.

Looking back, India had a GDP of just $949 billion in 2006. Fast forward to today and India’s GDP has more than tripled, reaching $3.1 trillion in 2022. Over the next 15 years, it’s expected to triple yet again. What is behind this impressive growth?

For starters, the country’s economy had a lot more room to improve than other nations.

Demographics are also working in the country’s favor. While the median age in many mature economies is shooting up, India has a youthful workforce. In fact, India’s median age is a full 20 years lower than Japan, which is currently the third largest economy.

Over the last 60 years, the service industry has boomed to around 55% of India’s GDP.

Telecommunications, software, and IT generate most of the revenue in this sector. IT alone produces 10% of the country’s GDP. India’s large tech-savvy, English-speaking workforce has proved attractive for international companies like Intel, Google, Meta, Microsoft, IBM, and many others, while the domestic startup scene continues to boom.

The Indian government is also pursuing “production-linked incentives” (i.e. subsidies) for multinational companies looking to diversify their production away from China. If these incentives prove successful, more of the world’s solar panels and smartphones will be produced within India’s borders.

How Will the Global Economy Look in 2031?
By the year 2031, there will be major changes in the global economic power rankings.

As we said before: China will have become the world’s largest economy in terms of GDP and India will be the world’s third largest economy. Let’s also take a look at the top 10 economies by 2031.



Out of the top five economies, three are located in Asia: China, India, and Japan⁠—a clear demonstration of how economic power is shifting towards large population centers in Asia.

Europe will have four countries in the top 10: Germany, the United Kingdom, France, and Italy. From South America, only Brazil appears in the top 10.

Under these projections, Russia sits outside the top 10 in 2031. Of course, it remains to be seen how crushing sanctions and global isolation will affect the economic trajectory of the country.

Now, the big question. Is it inevitable that China takes the top spot in the global economy as predicted by this forecast? The truth is that nothing is guaranteed. Other projections have modeled reasonable alternative scenarios for China’s economy. A debt crisis, international isolation, or a shrinking population could keep China’s economy in second place for longer than expected.

 

[marsh]

The Engineered Stagflationary Collapse Has Arrived – Here's What Happens Next | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

The Engineered Stagflationary Collapse Has Arrived – Here's What Happens Next

FRIDAY, JUN 17, 2022 - 08:40 PM
Authored by Brandon Smith via Alt-Market.us

In my 16 years as an alternative economist and political writer I have spent around half that time warning that the ultimate outcome of the Federal Reserve’s stimulus model would be a stagflationary collapse. Not a deflationary collapse, or an inflationary collapse, but a stagflationary collapse. The reasons for this were very specific – Mass debt creation was being countered with MORE debt creation while many central banks have been simultaneously devaluing their currencies through QE measures. On top of that, the US is in the unique position of relying on the world reserve status of the dollar and that status is diminishing.



It was only a matter of time before the to forces of deflation and inflation met in the middle to create stagflation. In my article ‘Infrastructure Bills Do Not Lead To Recovery, Only Increased Federal Control’, published in April of 2021, I stated that:

“Production of fiat money is not the same as real production within the economy… Trillions of dollars in public works programs might create more jobs, but it will also inflate prices as the dollar goes into decline. So, unless wages are adjusted constantly according to price increases, people will have jobs, but still won’t be able to afford a comfortable standard of living. This leads to stagflation, in which prices continue to rise while wages and consumption stagnate.

Another Catch-22 to consider is that if inflation becomes rampant, the Federal Reserve may be compelled (or claim they are compelled) to raise interest rates significantly in a short span of time. This means an immediate slowdown in the flow of overnight loans to major banks, an immediate slowdown in loans to large and small businesses, an immediate crash in credit options for consumers, and an overall crash in consumer spending. You might recognize this as the recipe that created the 1981-1982 recession, the third-worst in the 20th century.

In other words, the choice is stagflation, or deflationary depression.”

It’s clear today what the Fed has chosen. It’s important to remember that throughout 2020 and 2021 the mainstream media, the central bank and most government officials were telling the public that inflation was “transitory.” Suddenly in the past few months this has changed and now even Janet Yellen has admitted that she was “wrong” on inflation. This is a misdirection, however, because the Fed knows exactly what it is doing and always has. Yellen denied reality, but she knew she was denying reality. In other words, she was not mistaken about the economic crisis, she lied about it.

As I outlined last December in my article ‘The Fed’s Catch-22 Taper Is A Weapon, Not A Policy Error’:

‘First and foremost, no, the Fed is not motivated by profits, at least not primarily. The Fed is able to print wealth at will, they don’t care about profits – They care about power and centralization. Would they sacrifice “the golden goose” of US markets in order to gain more power and full bore globalism?

Absolutely. Would central bankers sacrifice the dollar and blow up the Fed as an institution in order to force a global currency system on the masses? There is no doubt; they’ve put the US economy at risk in the past in order to get more centralization.’

The Fed has known for years that the current path would lead to inflation and then market destruction, and here’s the proof – Fed Chairman Jerome Powell actually warned about this exact outcome in October of 2012:

“I have concerns about more purchases. As others have pointed out, the dealer community is now assuming close to a $4 trillion balance sheet and purchases through the first quarter of 2014. I admit that is a much stronger reaction than I anticipated, and I am uncomfortable with it for a couple of reasons.First, the question, why stop at $4 trillion? The market in most cases will cheer us for doing more. It will never be enough for the market. Our models will always tell us that we are helping the economy, and I will probably always feel that those benefits are overestimated. And we will be able to tell ourselves that market function is not impaired and that inflation expectations are under control. What is to stop us, other than much faster economic growth, which it is probably not in our power to produce?

When it is time for us to sell, or even to stop buying, the response could be quite strong; there is every reason to expect a strong response. So there are a couple of ways to look at it. It is about $1.2 trillion in sales; you take 60 months, you get about $20 billion a month.

That is a very doable thing, it sounds like, in a market where the norm by the middle of next year is $80 billion a month.

Another way to look at it, though, is that it’s not so much the sale, the duration; it’s also unloading our short volatility position.”

As we all now know, the Fed waited until their balance sheet was far larger and until the economy was MUCH weaker than it was in 2012 to unleash tightening measures. They KNEW the whole time exactly what was going to happen.

It is no coincidence that the culmination of the Fed’s stimulus bonanza has arrived right after the incredible damage done to the economy and the global supply chain by the covid lockdowns. It is no coincidence that these two events work together to create the perfect stagflationary scenario. And, it’s no coincidence that the only people who benefit from these conditions are proponents of the “Great Reset” ideology at the World Economic Forum and other globalist institutions. This is an engineered collapse that has been in the works for many years.

The goal is to “reset” the world, to erase what’s left of free market systems, and to establish what they call the “Shared Economy” system. This system is one in which the people who survive the crash will be made utterly dependent on government through Universal Basic Income and one that will restrict all resource usage in the name of “carbon reduction.”

According to the WEF, you will own nothing and you will like it.

The collapse is engineered to create crisis conditions so frightening that they expect the majority of the public to submit to a collectivist hive mind lifestyle with greatly reduced standards. This would be accomplished through UBI, digital currency models, carbon taxation, population reduction, rationing of all commodities and a social credit system. The goal, in other words, is complete control through technocratic authoritarianism.

All of this is dependent on the exploitation of crisis events to create fear in the population. Now that economic destabilization has arrived, what happens next? Here are my predictions…

The Fed Will Hike Interest Rates More Than Expected, But Not Enough To Stop Inflation
Today, we are witnessing the poisonous fruits of a decade-plus of massive fiat money creation and we are now at the stage where the Fed will reveal its true plan. Hiking interest rates fast, or hiking them slow. Fast hikes will mean an almost immediate crash in markets (beyond what we have already seen), slow hikes will mean a drawn out process of price inflation and general uncertainty.

I believe the Fed will hike more than expected, but not enough to actually slow inflation in necessities. There will be an overall decline in luxury items, recreation commerce and non-essentials, but most other goods will continue to climb in cost. It is to the advantage of globalists to keep the inflation train running for another year or longer.

In the end, though, the central bank WILL declare that the pace of interest rates is not enough to stop inflation and they will revert to a Volcker-like strategy, pushing rates up so high that the economy simply stops functioning altogether.

Markets Will Crash And Unemployment Will Abruptly Spike
Stock markets are utterly dependent on Fed stimulus and easy money through low interest rate loans – This is a fact. Without low rates and QE, corporations cannot engage in stock buybacks.

Meaning, the tools for artificially inflating equities are disappearing. We are already seeing the effects of this now with markets dropping 20% or more.

The Fed will not capitulate. They will continue to hike regardless of the market reaction.

As far as jobs are concerned, Biden and many mainstream economists constantly applaud the low unemployment rate as proof that the American economy is “strong,” but this is an illusion.

Covid stimulus measures temporarily created a dynamic in which businesses needed increased staff to deal with excess retail spending. Now, the covid checks have stopped and Americans have maxed out their credit cards. There is nothing left to keep the system afloat.

Businesses will start making large job cuts throughout the last half of 2022.

Price Controls
I have no doubt that Joe Biden and Democrats will seek to enforce price controls on many goods as inflation continues, and there will be a handful of Republicans that will support the tactic. Price controls actually lead to a reduction in supply because they remove all profits and thus all incentive for manufacturers to keep producing goods. What usually happens at that point is government steps in to nationalize manufacturing, but this will be substandard production and at a much lower yield.

In the end, supplies are reduced even further and prices go even higher on the black market because no one can get their hands on most goods anyway.

Rationing
Yes, rationing at the manufacturing and distribution level is going to happen, so be sure to buy what you need now before it does. Rationing occurs in the wake of price controls or supply chain disruptions, and usually this coincides with a government propaganda campaign against “hoarders.”

They will hold up a few exaggerated examples of people who buy truckloads of merchandise to scalp prices on the black market. Then, not long after, they will accuse preppers and anyone who bought goods BEFORE the crisis of “hoarding” simply because they planned ahead.

Rationing is not only about controlling the supply of necessities and thus controlling the population by proxy; it is also about creating an atmosphere of blame and suspicion within the public and getting them to snitch on or attack anyone that is prepared. Prepared people represent a threat to the establishment, so expect to be demonized in the media and organize with other prepared people to protect yourself.

Be Ready, It Only Gets Worse From Here On
It might sound like I am predicting success of the Great Reset program, but I actually believe the globalists will fail in the end. That’s not going to stop them from making the attempt. Also, the above scenarios are only predictions for the near term (within the next couple of years).

There will be many other problems that stem from these situations.

Naturally, food riots and other mob actions will become more commonplace, perhaps not this year, but by the end of 2023 they will definitely be a problem. This will coincide with the return of political unrest in the US as leftist factions, encouraged by globalist foundations, demand more government intervention in poverty. At the same time, conservatives will demand less government interference and less tyranny.

At bottom, the people who are prepared might be called a lot of mean names, but as long as we organize and work together, we will survive. Many unprepared people will NOT survive.

Understand that the economic conditions ahead of us are historically destructive; there is no way that serious consequences can be avoided for a large part of the population, if only because they refuse to listen and to take proper steps to protect themselves.

The denial is over. The crash is here. Time to take action if you have not done so already.

 

[marsh]

https://www.agweb.com/news/policy/politics/controversial-sec-rule-could-harm-nations-food-producers?mkt_tok=ODQzLVlHQi03OTMAAAGFEkkSN0gVWggONYXiG6uj0aqg3q2zMKuM2x7p6EXhRoVinlGEt0o6JQ0RGligkjCtTIuJWz1OvYywbMIOZO9wpqMMS0Rk_Gllpp2bSp85BDa4uqB008s

Controversial SEC Rule Could Harm Nation's Food Producers

SEC Ruling 061722

By MICHELLE ROOK June 17, 2022

Video on website 2:12 min

Friday is the end of the public comment period for a highly controversial climate rule that could negatively impact the nation’s food producers. In March the Securities and Exchange Commission proposed rule regarding Greenhouse Gas Emissions disclosure requirements. It would require publicly traded companies to provide climate-related information from their entire value chain.

Greenhouse gas emissions would need to be reported in financial statements and annual reports filed with the SEC. There are very few products in the supply chain that don’t trace their beginnings back to a farm or ranch. Those ag products already face extensive regulations but with this rule it is likely the reporting requirements would pile on farms and ranches of all sizes and could even force those operators to disclose personal information and farm business data.

NCBA Vice President of Government Affairs Ethan Lane says that’s why its such a concern. "Yes this is the worst of what you can think of when you talk about climate creeping into areas of business where it doesn’t really belong. The Security and Exchange Commission is seeking to require any farmer or rancher selling a commodity into a publicly traded company would be required under this regulation to report their emissions. "

Lane says not only it bad policy it is overreach as it falls outside of the agency’s jurisdiction since they’re in business to regulate Wall Street, not farmers and ranchers. He says, "Not only is that completely unfeasible but its also a massive departure from SEC’s core mission and something that we believe is completely inappropriate given their charter."

Farm Bureau officials says the rule also undermines decades of sustainability efforts by farmers and ranchers who have worked to reduce ag emissions.

Lane says NCBA joined with 119 other ag organization and has submitted comments outlining their objections to the 510 page rule. He says thousands of farmers have ranchers have also submitted their comments. So they’re hopeful that will interject some common sense into the process.

 

[marsh]

https://www.agweb.com/news/crops/crop-production/us-breaks-1853-heat-records-week-topsy-turvy-forecast-fathers-day

U.S. Breaks 1,853 Heat Records this Week. Topsy-Turvy Forecast for Father's Day Weekend
Mother Nature is being her usual uncooperative self this summer.(U.S. Drought Monitor)
By RHONDA BROOKS June 17, 2022

The U.S. Drought Monitor map tells an updated story every Thursday about the haves and the have nots – those farmers who have adequate moisture to fuel crops and those who don’t. This week, more Corn Belt farmers found their fields moving into the latter category.

USDA meteorologist Brad Rippey says the intense ridge of high pressure that’s contributed to increased heat and less moisture in the past week is starting to affect more regions. Until now, those conditions have prevailed mainly in states in the West and Southwest.

“There are some parts of the country that are perhaps heading toward a flash drought, including some areas in the Corn Belt that to this point have not had any drought yet this season,” Rippey says. “You're not going to see this drought on the map initially – it's just going to be painted yellow with that abnormal dryness.”

Yellow pockets of color, indicating dry soil, are showing up in central and northern Illinois, southeast Iowa, southern Minnesota, southern Wisconsin, southeast Missouri and a handful of counties in southern Indiana.

However, this week’s Monitor does show some localized moisture improvements in the U.S., including just east of the Rockies and also in parts of the Southeast, notes Matt Yarosewick, AgDay meteorologist.

“It’s extremely damp still in southern Florida and across parts of the Mississippi River Valley, even up into the Ohio Valley, as well,” Yarosewick says.

Topsy Turvy Forecast
On Friday afternoon, the National Oceanic and Atmospheric Administration (NOAA) issued its short-range weather predictions for the weekend:

- Approaching cold front to ignite scattered showers and storms from the mid-Mississippi Valley to the Southeast coast this evening and lead to stormy weather in Florida/Gulf Coast States on Saturday.

- Unsettled weather located across the West with showers and thunderstorms impacting the northern Great Basin/Rockies, Central/Southern Rockies and Southwest, while a Critical Risk of fire weather remains in place over parts of the Great Basin into the Southwest through Saturday.

- Dangerous heat persists across the Deep South this Father's Day weekend, while also building into the Central and Northern Plains.

Heat advisory warnings were issued on Thursday for an area stretching from Kansas to West Virginia and between Indiana and Florida, according to Jim Wiesemeyer, Pro Farmer Washington analyst. He reports the U.S. has seen more than 1,853 heat records broken in just the past seven days alone.

What’s partly in play is the jet stream is farther north at this point than its typical, average position for June/July, explains Eric Snodgrass, principal atmospheric scientist for Nutrien Ag Solutions, in his weekly Weather Intelligence Report.

“This is also the reason for the above-average temperatures forecast for most of the U.S,” he says.

The NOAA reports May 2022 was among “Earth’s top 10 warmest months,” and that 2022 is the sixth-warmest year on record so far.

Looking Ahead
Snodgrass says his forecast models favor more “persistent ridging” anchored over the Midsouth, Midwest and Plains during the next couple of weeks and into July. He says he is most concerned about flash drought occurring in the Midsouth.

Rippey adds he believes the dryness could continue to build in parts of the central and eastern Corn Belt and the Southeast between now and the first of July.

“There are many areas of the country that are currently on the Drought Monitor with no color that could show up as yellow in the next week or two,” he says. “And that could rapidly progress into drought within weeks if hot, dry weather persists.”

Could the High Heat Cause Corn Prices to See a Repeat of 1988 and 2012?
Did High Heat And Humidity Really Cause Cattle Deaths In Kansas? The Latest Look at Potential Losses
This Week's High Heat Brought On By Ridge of High Pressure, Is It a Warning Sign of What's to Come?

 

[marsh]

Dave Walsh: We’re Still Exporting Our Natural Gas, Keeping Americans' Prices High 9:33 min

Dave Walsh: We’re Still Exporting Our Natural Gas, Keeping Americans' Prices High
Bannons War Room Published June 17, 2022

(will do notes later)

 

[marsh]

Joe Allen: Automated Work Forces Will Stunt Children's Development And Take Real Humans Jobs 4:40 min

Joe Allen: Automated Work Forces Will Stunt Children's Development And Take Real Humans Jobs
Bannons War Room Published June 17, 2022

(No summary given)

^^^^^

Virtual Reality Affects Children Differently Than Adults

While very little is known on the effects of immersive VR on adults, there is next to no knowledge on

warroom.org

Virtual Reality Affects Children Differently Than Adults
Hillary Sanctuary/EPFL/NeuroscienceNews.com

by EDITOR
June 9, 2022

While very little is known on the effects of immersive VR on adults, there is next to no knowledge on the impact of such systems on the sensorimotor abilities of young children.

In 2016 at EPFL’s Open House, EPFL graduate Jenifer Miehlbradt was showcasing her virtual reality setup to allow users to pilot drones using their torso. Users from the general public were invited to wear a VR headset, and movements of their torso would allow them to navigate through a series of obstacles in a virtual landscape.

“Adults had no problem using simple torso movements to fly through the virtual obstacles, but I noticed that children just couldn’t do it,” remembers Miehlbradt. “That’s when Silvestro asked me to come to his office.”

Silvestro Micera, Bertarelli Foundation Chair in Translational Neuroengineering, was Miehlbradt’s supervisor at the time. They realized that their virtual reality torso experiment may be revealing something about the way a child’s nervous system develops, and that no study in the literature had assessed the effect of virtual reality headsets on children. They embarked on a study of several years, in collaboration with the Italian Institute of Technology, involving 80 children between the ages of 6 and 10.

The results are published today in Scientific Reports.

“This study confirms the potential of technology to understand motor control,” says Micera.

The development of upper body coordination
Healthy adults have no problem disconnecting their head movements from their torso for piloting, like looking elsewhere while riding a bike. This requires complex integration of multiple sensory inputs: vision, from the inner ear for balance, and proprioception, the body’s ability to sense movement, action and location.

For children, coordination of torso and head movement is in development, so differences with adults is to be expected. But the EPFL study goes against the ontogenetic model describing the development of upper body coordination that has dominated for the past 25 years, which predicts a one-directional transition from rigid control to a decoupling of the head-torso system, and that postural control is essentially mature at 8 years.

“The model states that from the acquisition of walking around 1 year until 6-7 years, children will control their upper body as a whole with rigid links between the trunk, head and arms. After this age, the children gradually learn to control all their joints independently, but resort to the rigid strategy in challenging conditions,” continues Miehlbradt, who is currently finishing a postdoc at the University of Lausanne (UNIL). “Instead, we found that when using a virtual system controlled by body movements, the younger children try to move their head and body separately, while the adults use the rigid strategy.”

The experiment: collecting coins on the back of an eagle
Wearing a VR headset and a movement sensor on their back, children are asked to play two games. In both experiments, children show control abilities similar to adults’ when using their head, but have difficulty using their torso to control the games, unlike adults.

In the first game, the child is asked to align their head or their torso with a line displayed at different orientations within a virtual landscape, during which the alignment error and head-torso coordination are measured. The experiment shows that head control is fairly easy to master for children. When asked to align their torso with the virtual line, however, the youngest children consistently overestimate their movements and attempt to compensate the difference by moving their head.

The second game consists of a flight scenario. In the virtual world, the child appears to be seated on the back of a flying eagle. The goal of the game is to catch golden coins placed along a path. Like the first game, control of the eagle’s trajectory is either with the head or with the torso. Again, using their head to steer the bird’s flight is significantly easier for children, who are 80% closer to the target coins compared to the torso-control condition.

The scientists believe that head control is easier in VR environments because the desired orientation is aligned with the visual input. The torso control, on the other hand, requires the user to separate vision from the actual control, which requires complex head-torso coordination. Young children tend to rely stronger on the visual input than the internal sensation of body posture. The novelty of the VR environment appears to overwhelm the child’s brain, which pays less attention to the internal signals.

“The results show that immersive VR can disrupt the children’s default coordination strategy, reweighting the various sensory inputs – vision, proprioception and vestibular inputs – in favor of vision,” explains Miehlbradt. The scientists also found that head-trunk coordination is not fully mature yet at 10 years, instead of the previously assumed maturity at the age of 8.

Leisure and Rehabilitation using VR
“VR has been gaining in popularity, not only for leisure but also for therapeutic applications such as rehabilitation and neurorehabilitation, or the treatment of phobias or fearful situations.

The diversity of scenarios that can be created and the playful aspect that can be brought into otherwise cumbersome activities make this technology particularly appealing for children, and we should be aware that immersive VR can disrupt the child’s default coordination strategy,” cautions Miehlbradt.

See ORIGINAL STORY at NeuroscienceNews.com

 

[marsh]

(satire)

Liberal Comes Unglued Over Gas Prices, Blames 'Religious Right' - Wait For It, 'Sit The F**k Down' 1:34 min

Liberal Comes Unglued Over Gas Prices, Blames 'Religious Right' - Wait For It, 'Sit The F**k Down'
Red Voice Media Published June 18, 2022

 

[marsh]

Depopulation: "500,000 Americans Have Died After The Vaccination" 2:44 min

Depopulation: "500,000 Americans Have Died After The Vaccination"
Red Voice Media Published June 18, 2022

Dr. Russell Blaylock: "Why would you tell people to take a vaccine that so far has killed hundreds of thousands of people just in this country? In the past, if a vaccine killed 50 people, they would pull the vaccine. That'd be the end of it. This has killed hundreds of thousands of people, and they keep promoting it. They keep calling it safe; they keep calling it effective."
Video via Child Covid Vaccine Injuries UK

 

[marsh]

Here's The Best Combined Explanation For Surging Inflation: Cascading Idiocy | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Here's The Best Combined Explanation For Surging Inflation: Cascading Idiocy

SATURDAY, JUN 18, 2022 - 01:30 PM
Authored by Mike Shedlock via MishTalk.com,



Cascading Policy Errors
1: Covid hit. Lockdowns that were arguably excusable in the beginning, lingered far too long, affecting far too many businesses. Policy error one.
2: The Fed reacted with QE far to excessive and far too long, continuing all the way until March 2022. Policy error two.
3. Free Money from Congress. Again excusable in the beginning, but the second round by Trump was excessive and the third by Biden was preposterous. Policy errors three and four with Biden getting far more of the blame.
4. Demand shift to goods away from services as a result of the above three items.
5. The demand shift to goods happened when there were fewer workers due to continuing lockdowns.
6. The US meddled in Ukraine in 2014 setting the stage for war. And Ukrainian President Volodymyr Zelenskyy kept insisting to the bitter end it wanted to be in the EU and NATO, both red flags to Putin. Accurately label Zelenskyy's statements a policy error. And blame Putin for the war, so that makes policy errors five, six, and seven counting US meddling in 2014.
7: Let's not leave Angela Merkel out of this. Kowtowing to the Greens, Merkel mothballed Germany's nuclear plants creating greater dependence on energy from Russia. This is policy error number eight.
8. And what about Biden and the US Greens telling Big Oil it wanted to put them out of business. Guess what? Energy investment plunged. Policy error number 9.
9. Inane sanctions in response to the war busted supply chains in energy. Policy errors ten and eleven by the US and EU.
10. Finally, please consider Biden's stupid energy policy to rising oil price. Instead of taking actions to increase oil supply, Biden blamed oil companies, threated tax hikes, threated FTC involvement, blamed gouging, then with refinery capacity already crippled demanded more ethanol from corn. The ethanol demand will increase need for fertilizer, increase summer smog, and drive more small refiners out of business.

I am not sure how many policy errors there are in point ten. Pick a number.

Passing the Buck

https://twitter.com/i/web/status/1502352045550014464

View: https://twitter.com/i/status/1502352045550014464
.11 min

Putin Tax



Search for Enemies



Paul Krugman, No Policy Errors?!



No, it's not all Biden's fault. It's Biden, the Fed, Congress, Merkel, Putin, Trump, the EU, and Zelenskyy.
Please apportion the blame, but here's a simple way to start:

• It's mostly Progressive free money policies by Biden and Congress coupled with inane responses to to the war with the Fed providing excess stimulus all the way to March of 2022.
• Key policy errors by Merkel and the US in 2014 set the stage for compounding everything that followed.

Recession Watch Update, Where Do Things Stand After the Huge Fed Hike?
Meanwhile, regardless of blame assessment, a recession looms.
Please consider Recession Watch Update, Where Do Things Stand After the Huge Fed Hike?

 

[marsh]

If The Streets Of America Are This Chaotic Now, What Will They Be Like When Things Really Start Hitting The Fan? | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

If The Streets Of America Are This Chaotic Now, What Will They Be Like When Things Really Start Hitting The Fan?

SATURDAY, JUN 18, 2022 - 12:30 PM
Authored by Michael Snyder via The End of The American Dream blog,

If you are not alarmed by what is happening to our largest cities, you should check to see if you still have a pulse. Once upon a time, the beautiful new cities that our forefathers constructed were the envy of the entire planet, but now many of them have degenerated into crime-infested hellholes that are absolutely teeming with violent predators. Shoplifting has essentially become a national pastime, open air drug markets operate freely right under the noses of indifferent authorities, and addicts pull down their pants and take a dump whenever and wherever they feel like doing so. Thanks to record levels of illegal immigration, gang membership is absolutely exploding, and human trafficking has reached truly frightening levels.

Of course our steadily thinning police forces are overwhelmed at this point. In fact, police in Seattle are stretched so thin that they often are not able “to take reports from rape victims”.

And if you are the victim of a non-violent crime in Seattle, good luck ever getting a police officer to pay attention to your case. From coast to coast, communities are descending into a state of utter lawlessness. So if things are this bad already, what will conditions be like when things really start hitting the fan?



Continuing a trend that we have seen for the last couple of years, crime rates all over the nation just keep going higher and higher.

For example, auto theft, grand larceny and transit crime are all up by more than 50 percent in New York City so far this year…

Data released by the New York City Police Department showed Grand Larceny Auto increased by 51.1% with 5,420 incidents as of June 5 compared to just 3,587 incidents by the same time in 2021.

That category had one of the largest upticks during the most recent crime statistic report covering May 30 to June 5. Grand larceny incidents spiked by 50.1% from 20,659 incidents reported to NYPD as of June 5, compared to the 13,713 reported during the same period last year.

Meanwhile, overall transit crime surged by 53.6% so far this year.

I thought that the new mayor was elected to end the crime wave.
Instead, it appears that it has been supersized.

One way to hide the rapid rise in crime is to decriminalize things that used to be major offenses.

In Portland, voters decided to decriminalize hard drugs, but that just turned the city into an “open air drug market”…

The streets of Portland resemble an ‘open air drug market’ after state officials’ scheme to decriminalize hard drugs led to a surge in overdose deaths, critics claim.

Law enforcement agents say that the streets of Portland are full of homeless addicts openly buying and selling drugs and that signs of drug addiction are actually increasing statewide, Fox News reported.

Photos show the desperate situation in the liberal Pacific Northwest city, where people can be seen shooting up drugs or passed out in broad daylight.

At one time, Portland was one of the most magnificent cities in the entire world.
Now it is a horror show.

On top of all the ordinary crime that is going on, now we are witnessing a very alarming rise in politically-motivated violence.

The Supreme Court decision that will overturn Roe v. Wade is expected to be released this month, and a group known as “Jane’s Revenge” has announced that it is “open season” on those with pro-life views…

The pro-abortion group Jane’s Revenge is declaring it “open season” on pro-life groups and crisis pregnancy centers.

The group has a history of damaging property during their protests, and they took credit for the vandalization of a pregnancy resource center in Des Moines, Iowa earlier this month. In a message posted to social media, the group said they broke windows and left graffiti political messages all over the clinic. “It was easy and fun,” the message read.

Sadly, even though the official Supreme Court decision has not even been released yet, there has already been quite a bit of violence.

In fact, it is being reported that there have been more than three dozen attacks on pro-life groups, churches and crisis pregnancy centers in recent weeks…

An armed would-be assassin’s alleged attempt on the life of Supreme Court Justice Brett Kavanaugh last week is part of a wave of violence, arson, vandalism, and intimidation targeting pro-life groups and government officials since the leak last month of a draft Supreme Court opinion that would overturn Roe v. Wade.
There have been more than three dozen such incidents directed at crisis pregnancy centers and churches in at least 20 states and Washington, D.C., according to a tally maintained by LifeNews.com, an anti-abortion site.

The thin veneer of civilization that we all take for granted on a daily basis is rapidly dissipating, and our streets are becoming more uncivilized with each passing day.

If this is happening while economic conditions are still relatively stable, what will happen once things start getting really crazy out there?

In some parts of the world, the food crisis has already reached critical levels. For example, the government of Sri Lanka has actually shortened the work week so that workers will have more time to grow their own food…

Sri Lanka’s federal government on Monday approved a proposal that would shorten the work week of most public sector staff to four days so that workers will have time to farm their own crops, Reuters reported Tuesday, noting the measure aims to combat Sri Lanka’s worsening food shortages caused by a recent economic crisis.

“Sri Lanka’s Cabinet late on Monday approved a proposal for public sector workers to be given leave every Friday for the next three months, partly because the fuel shortage made commuting difficult and also to encourage them to farm,” Reuters reported on June 14.

Over in Africa, the United Nations has stopped feeding approximately 1.7 million citizens of South Sudan because they simply do not have enough funding to feed the rapidly growing throngs of desperately hungry people…

The World Food Programme has been forced to stop providing food aid to around 1.7 million people in South Sudan, because of a lack of funding. The UN-run organization will still reach 4.5 million people, but many will miss out on vital resources.

According to BBC News, over half the population of South Sudan is currently facing hunger due to floods, localized drought, continuing conflict, and rising food prices.

Marwa Awad is from the World Food Programme and is in the northern town of Bentiu in South Sudan, where she has been talking to people about the effects the cuts to aid are having.

All of the experts are telling us that the global food crisis is going to get a lot worse as the months roll along.

If the UN has already reached the limit of what they are able to do, who is going to help the millions upon millions of hungry people that will soon need help in order to survive?

Here in the U.S., food production has been affected by a bizarre series of disasters, and we are being warned that much less will be produced this year than originally anticipated. I think that one expert summed up the current situation very well when he warned that “we are teetering on the edge right now”…

Pennsylvania farmers are being “crushed” by the record cost of diesel – so much so, that questions about a food crisis are starting to loom, the Morning Call reported.

One farmer in Lehigh County is quoted as saying: “I’ve got a tractor hooked up to my corn planter out here, no diesel fuel, and I can’t afford to get any.”

That farmer was airing his gripes to Kyle Kotzmoyer, a legislative affairs specialist for the Pennsylvania Farm Bureau. Kotzmoyer then turned around and testified to state lawmakers: “We have reached that point to where it is very close to being a sinking ship. We are teetering on the edge right now.”

If we eventually get to a point where food prices spiral completely out of control and there are widespread shortages, do you think that those living in our core urban areas will respond with grace and patience?

Of course not.

Instead, people will go absolutely nuts.
We got a small preview of what is to come during the Arab Spring of 2011. There were serious food shortages around the world that year, and that resulted in tremendous civil unrest.

Here in the United States, most people do not have large amounts of food stored up, and that is especially true in our largest cities.

So we better hope that the rapidly growing global food crisis does not affect us too severely, because the truth is that we are definitely not equipped to handle such a scenario.

 

[marsh]

The Biden Administration's Ignorant Energy Policies: Higher Gas Prices Are Only The Beginning | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

The Biden Administration's Ignorant Energy Policies: Higher Gas Prices Are Only The Beginning

SATURDAY, JUN 18, 2022 - 10:30 AM
Authored by Doug French via The Mises Institute,

While Americans angrily grit their teeth while filling their gas tanks, the very first United States special presidential envoy for climate said:

This year, we have to implement those promises and what it means is that we have to decarbonize the power sector five times faster than we are right now. We have to deploy renewables five times faster than we are right now. We have to transition to electric vehicles about 20 times faster than we are right now. And we have to fully transition to a resilient Net Zero economy faster.

If reality was beyond his reach before, John Kerry surely lost touch when he married into the Heinz condiment colossus in 1995. He talks as if he were ordering lunch from his harried house staff, “Faster, Jeeves. Can’t you hurry up and decarbonize already?” All of this service to the country has left Kerry clueless as to physics, not to mention economics.



“And to say it is to expose a level of ignorance that is scary,” the green cartoon chicken known as Doomberg told Tony Greer on Real Vision:

Actually, that our politicians would think despite all the evidence before them, that somehow, we can wave a magic wand and accelerate the adoption of electric vehicles by a factor of 20 when we don't have enough lithium, nickel or cobalt to even support the current growth trajectory. It's just crazy. Where's the diesel going to come from to mine all the cobalt and nickel and lithium that we're going to need?

Global consumption of petroleum and liquid fuels will average just short of a hundred million barrels a day this year, an increase of 2.2 million barrels a day from 2021. Yet, Chevron CEO Mike Wirth stresses, "there hasn’t been a refinery built in this country since the 1970s." More ominously, he predicts, "I personally don’t believe there will be a new petroleum refinery ever built in this country again."

A good’s increased price should be a signal to entrepreneurs to produce more of that product.

In a free market that would be the case. But, as Mr. Wirth explains, "at every level of the system, the policy of our government is to reduce demand, and so it’s very hard in a business where investments have a payout period of a decade or more." "And the stated policy of the government for a long time has been to reduce demand for [petroleum] products."

In his book Omnipotent Government, Ludwig von Mises explained:

The dangerous fact is that while the government is hampered in endeavors to make a commodity cheaper by intervention, it certainly has the power to make it more expensive.

So, Joe Biden jawbones about lowering prices at the pump while gas prices hit new highs (and the summer driving season has yet to arrive).

Doomberg puts a finer point on the lack of refineries:

The last major refinery to be built in the US was in 1977. And by major, I mean more than 100,000 barrels a day. There's been some small ones put in, and some specialty ones here and there. But by and large, because of environmental pressure, the US has not made a new refinery at scale in 40 years, 45 years, which is pretty incredible.

And, that’s not the worst of it.

“But also, what's happened concurrently is especially on the East Coast and the West Coast, big surprise, many refineries have been shut down because of environmental pressure,” Doomberg said.

With these closures, the net effect was something like 17.8 million barrels a day in the 1980’s. And it’s 18 million barrels a day today.

“When you consider how much GDP growth that's exploded over that time period, you can see where the constraints are,” said Doomberg.

According to Doomberg,

The world's running out of diesel. And if we run out of diesel, that's a really big deal. The consequence of demand destruction is going to be a severe economic recession slash depression.

As Mises pointed out, one government intervention inevitably leads to another, and Doomberg predicts “the Biden administration [will] push for a ban on diesel exports, which is going to be a lot easier to sell politically.”

This will hurt refiners, as diesel prices internationally are much higher for the 650,000 barrels they export a day.

The environmental crowd, now armed with government power, may believe they are doing God’s work, but as Mises pointed out:

The effect of its interference is that people are prevented from using their knowledge and abilities, their labor and their material means of production in the way in which they would earn the highest returns and satisfy their needs as much as possible. Such interference makes people poorer and less satisfied.

When you fill up your tank, that’s how you feel, “poorer and less satisfied.”

 

[marsh]

UN Food Chief Says 'Hell On Earth' Looms From Hunger Crisis Triggered By Ukraine War | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

UN Food Chief Says 'Hell On Earth' Looms From Hunger Crisis Triggered By Ukraine War

SATURDAY, JUN 18, 2022 - 09:30 AM
Authored by Kenny Stancil via Common Dreams,

As food prices and hunger surge worldwide, hundreds of millions of people around the globe are "marching towards starvation"—increasing the likelihood of preventable deaths, civil unrest, and political violence in the months ahead—the United Nations food chief warned at the end of the week.

Speaking from Addis Ababa, the capital of Ethiopia, World Food Program (WFP) Director David Beasley said that "frightening" shortages of key food staples put tens of millions of lives in jeopardy and risk destabilizing countries that are heavily reliant on imports. "Even before the Ukraine crisis, we were facing an unprecedented global food crisis because of Covid and fuel price increases," said Beasley. "Then, we thought it couldn't get any worse, but this war has been devastating."

World Food Program image: Abdullahi Mohamed accompanies his son Adan, who is being treated for severe malnutrition, at the Baardheere district hospital in drought-stricken Jubaland, Somalia on March 13, 2022.
Since Russia invaded Ukraine in late February and imposed a blockade on its Black Sea ports, agricultural exports from Ukraine—responsible for 9% of the world's wheat, 16% of its maize, and 42% of its sunflower oil—have declined substantially, leaving millions of tons of stored grain on the cusp of rotting.

The war also disrupted this year's planting season, raising fears that this summer's harvest, assuming sufficient labor power and storage space can be found, will be a third lower than in 2021.

Consequently, food prices have soared to record highs—surpassing levels last seen during the global crisis of 2007-08, when a spike in the cost of bread helped contribute to the Arab Spring uprisings—and put tens of millions of people at increased risk of extreme hunger.

Citing the increased costs of shipping, fertilizer, and fuel associated with the Covid-19 pandemic, the climate crisis, and the Ukraine war, Beasley said that the number of people suffering from "chronic hunger" has grown from 650 million to 810 million over the past five years.

Meanwhile, the number of people suffering from "shock hunger," which Beasley defined as not knowing "where your next meal is coming from," has ballooned from 80 million to 325 million over the same time period.

Russia's war on Ukraine isn't the only factor driving global hunger, which hit an all-time high in 2021 and has only grown worse since then.

A report published earlier this month by WFP and the U.N. Food and Agriculture Organization made clear that armed conflicts, increasingly extreme weather stemming from the fossil fuel-driven climate emergency, and the lingering economic impacts of the coronavirus crisis—prolonged by inequitable access to vaccines, tests, and treatments—are also exacerbating food insecurity.

Responding to the report, which warned that an all-time high of 49 million people in 46 low-income countries are now at risk of famine, U.S. Rep. Ilhan Omar (D-Minn.) said earlier this week that "this should be the biggest story in the world right now." As the global hunger crisis grows more severe, the U.N.'s capacity for addressing the unfolding humanitarian disaster is being diminished simultaneously.



WFP sources 70% of the wheat for its emergency relief programs from Russia and Ukraine. As a result of the war, the WFP's operating costs have skyrocketed by $70 million per month, forcing it to slash rations by as much as half in several nations. According to the U.N.'s recent report, of the nearly 50 million people at risk of famine globally, 750,000 are already in "catastrophe"—the most dire phase of the food insecurity scale.

People in Ethiopia, Nigeria, Somalia, South Sudan, and Yemen—war-torn and drought-stricken countries that import large quantities of wheat from Russia and Ukraine—are among those experiencing the worst acute hunger. Another hotspot mentioned in the report is Afghanistan, whose central bank reserves have been seized by the Biden administration.

Referring to the crash that started in 2007 and culminated in bread riots in dozens of countries, Beasley said that "the economic factors we have today are much worse than those we saw 15 years ago." Failing to confront the current crisis, he warned, would lead to "famine, destabilization of nations, and mass migration."

"We are already seeing riots in Sri Lanka and protests in Tunisia, Pakistan, and Peru, and we've had destabilization take place in places like Burkina Faso, Mali, [and] Chad," said Beasley. "This is only a sign of things to come."

"It is a very, very frightening time," Beasley continued. "We are facing hell on Earth if we do not respond immediately. The best thing we can do right now is end that damn war in Russia and Ukraine and get the port open" in Odesa.

 

[marsh]

The UK Is Prioritizing Energy Security Over Climate Pledges | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

The UK Is Prioritizing Energy Security Over Climate Pledges

SATURDAY, JUN 18, 2022 - 06:20 AM
Authored by Felicity Bradstock via OilPrice.com,

• The UK is prioritizing its energy security over its climate pledges with support for ongoing oil and gas operations.
• Despite previous plans to end coal production by 2024, the UK government appears to be going back on its pledges.
• In the face of rising consumer energy prices, which have sent many into fuel poverty, Johnson says that North Sea oil will be vital in tackling the cost of living.

The U.K. appears to be doing a 180 on its climate promises, as the government shows significant support for ongoing oil and gas operations and several new fossil fuel projects.

Despite pumping millions into renewable energy developments, Prime Minister Boris Johnson has continued to back North Sea oil and has even shown interest in extending coal plant operations, having previously vowed to end coal production earlier than anticipated by 2024.


Coming out of the COP26 climate conference last November, president of the summit Alok Sharma said the U.K. would press governments on their decarbonization promises, aimed at limiting global heating to 1.5C. The U.K. took a leading role in the summit, which was held in Glasgow, and will maintain its presidency until COP27 in Egypt later this year.

As well as striving for net-zero carbon emissions by 2050, the U.K. government introduced a target to cut emissions by 78 percent by 2035 and for all of the UK's electricity to come from clean sources by 2035. The U.K. has already established itself as a world leader in offshore wind production, with renewables already producing around 20 percent of the country’s electricity. The government has also introduced wide-spreading decarbonization aims for housing, transport, flights and shipping, food, and industry. But only time will tell whether the U.K. is capable of meeting these targets as it faces increasing energy shortages and rising prices.

But the government has already been accused multiple times this year of going against its net-zero targets by continuing to back oil and gas projects. In April, the U.K. launched its energy security strategy, which aims for long-term independence from foreign energy sources and the decarbonization of the U.K.’s power supply. The strategy also identifies oil and gas as key to the energy transition, with plans to boost production in the North Sea, stating “net-zero is a smooth transition, not an immediate extinction, for oil and gas”.

Johnson argues that North Sea oil and gas is a lower carbon option than imported energy and is necessary to meet domestic needs until the renewable energy sector is more developed.

However, the Intergovernmental Panel on Climate Change gave a “now or never” warning in April, suggesting that new fossil fuel exploration would jeopardize the Paris agreement target of limiting global heating to 1.5C.

In the face of rising consumer energy prices, which have sent many into fuel poverty, Johnson says that North Sea oil will be vital in tackling the cost of living, encouraging companies to increase their investments in the energy source. The government is patently breaking its COP26 climate pledges by introducing a $6 billion tax raid on oil and gas, offering subsidies for fuel consumption as well as incentivizing drilling activities.

In May, Johnson stated, “To tackle inflation in the medium-term, you’ve got to deal with supply-side issues.”

Adding, “So we need the energy companies to be putting some more into hydrocarbons, but we also need the whole country to be investing in more low-carbon energy.”

This month, it emerged that the U.K. government was talking to Big Oil companies, such as Shell, about increasing oil and gas production in response to shortages due to sanctions introduced on Russian energy. This follows news that regulators approved the Shell Jackdaw natural gas field in the North Sea, having rejected it previously due to environmental concerns.

Shell’s CEO Ben van Beurden said that the company will commence the Jackdaw project “as well as other similar ones... in fact, we have an interest in six of the UK’s 12 planned exploration wells,”. This is part of the company’s aim to increase its oil and gas market share from 10 percent to 15 percent over the next eight years. Shell is expected to invest $31 billion in U.K. energy before 2030, 75 percent of which will go to cleaner energy sources.

In addition, the government is likely to make a deal with a coal-fired facility in Nottinghamshire to maintain operations for longer than scheduled to ensure the U.K.’s energy security.

Negotiations are taking place with French energy company EDF to delay the plant’s closure from October this year to next March.

But the opposition and the public are taking notice of these recent changes in the government’s approach to energy.

Environmentalists and the political party the Liberal Democrats criticized the government this month for approving gas drilling in Surrey Hills, in the South of England, despite environmental risks. Campaigners suggested that the government has an “obsession” with finding new fossil fuel developments. Greenpeace UK policy director Doug Parr said “with this decision the government is completely undermining local democracy, the planning laws that are supposed to protect our designated landscapes and the climate crisis in one fell swoop.”

Despite the U.K.’s leading role in COP26, its ongoing presidency, and its ambitious climate pledges, in the face of energy shortages and rising prices, the government seems to be quickly turning back to oil, gas and even coal, in a bid to ensure the country’s energy security.

 

[marsh]

(Hat tip to separate thread on Main. For archival purposes)

The Great Reset: Turning Back The Clock On Civilization | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

The Great Reset: Turning Back The Clock On Civilization

SATURDAY, JUN 18, 2022 - 05:10 AM
Authored by Birsen Filip via The Mises Institute,

The covid-19 pandemic featured an unprecedented fusion of the interests of large and powerful corporations with the power of the state. Democratically elected politicians in many countries failed to represent the interests of their own citizens and uphold their own constitutions and charters of rights. Specifically, they supported lockdown measures, vaccine mandates, the suppression of a variety of early treatment options, the censorship of dissenting views, propaganda, interference in the private spheres of individuals, and the suspension of various forms of freedom. All of these policies and measures were centrally designed by the social engineers of the pandemic.



Globalists, who are obsessed with societal control, decided to take advantage of the pandemic in order to increase their authoritarian power. Prominent among them was, Klaus Schwab, founder and executive chairman of World Economic Forum (WEF). In June 2020, he stated that “the pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world.” According to him, “every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed.”

It is no secret that the WEF has focused on accelerating the implementation of central planning for the entire global population since the early days of pandemic. This plan to establish a new world order, known as the Great Reset, was a key theme at the recent annual meeting of the WEF, which was held during May 22–26 in Davos, Switzerland.

Drastic changes to the world order like the Great Reset do not happen spontaneously; rather, they are designed by global policy makers, including influential billionaires, politicians, celebrities, biased academics, wealthy philanthropists, and the bureaucrats of international organizations and institutions. These types of people support social engineering, because it will enable them to acquire control over the world’s wealth and natural resources, and strengthen their ability to shape society as they see fit.

Like their predecessors across history, the social engineers of the WEF believe that “there must be no spontaneous, unguided activity, because it might produce results which cannot be foreseen and for which the plan does not provide. It might produce something new, undreamt of in the philosophy of the planner.”

Based on the WEF agenda, the successful completion of the current industrial transformation will require redesigning and controlling every minuscule aspect of human life and behavior, including the private spheres of individuals, the economy, politics, and societal organizations, without the possibility of voluntary and spontaneous cooperation between individuals based on their will, values, thoughts, and beliefs. We were warned almost two centuries ago that when this type of tyrannical power succeeds, it will be “busy with a multitude of small” tasks penetrating “into private life,” governing families, and dictating the “actions” and “tastes of individuals.”

In fact, some of the most ridiculous controls proposed by the WEF included limiting the washing of jeans to no “more than once a month” and “pyjamas once a week.” The WEF also advocates for transforming entire food systems by encouraging people to consume insects, arguing that “insect protein has high-quality properties and can be used as an alternative source of protein throughout the food chain, from feed for aquaculture to ingredients for nutritional supplements for humans and pets.” Reforming the food system would also involve eating “cultured meat,” referring to “meat product created by cultivating animal cells in a controlled lab environment.”

The WEF also supports the elimination of “car ownership,” as “paying for a ride or delivery is as easy as tapping a smart phone app,” and “renting a vehicle” means that “car loans and insurance payments shrink or disappear.” Ultimately, the Great Reset aims to create a world where “you will own nothing, and will be happy” by 2030, as people will not possess any private property and rent everything they “need in life.”

However, this premise ignores the fact that private property ownership is associated with the advancement of civilizations, higher stages of material and moral development, and the development of modern family life. The WEF scenario would also diminish the sense of security, which is strengthened by the possession of private property.

Once the Great Reset is complete, individuals will essentially have their thinking and decision-making “done for them by men much like themselves, addressing them or speaking in their name.” Such a “desire to force upon the people a creed which is regarded as salutary for them is … not a thing that is new or peculiar to our time.” However, as various totalitarian regimes throughout history have demonstrated, the oppressive central planning of social engineers leads to the masses' losing their sense of autonomy, freedom, dignity, creativity, and strength. Also lost is the incentive to improve one’s own condition and contribute to the progress of society.

If the social engineering of the WEF is successful, then, by 2030, one will not be able to rely on oneself, family members, relatives, friends, or the community. This is because the supporters any absolutist regime want traditions and customs to be corrupted, “memories obliterated, habits destroyed, … liberty, chased from the laws.”

In other words, they want to design a societal order where sympathy and mutual assistance will be rendered obsolete and where every citizen of the world is equally powerless, poor, and isolated, so that people will be unable to oppose the organized strength of global governance and become dependent on governments and their allies for their survival. Eventually, nothing will protect citizens any longer, and citizens will no longer protect themselves.

Social engineers of the WEF are essentially advocating for natural freedom, which would allow the strong to exercise their power while subjugating the weak. In doing so, they are basically calling for the world to move backward in the development of human history toward the reinstitution of feudalism and slavery. It is important to remember that economic freedom, positive freedom, political freedom, freedom of thought, freedom of speech, and freedom of the press are not attributes of primitive man or serfdom; rather, they are products of the most advanced stages of society.

To be more precise, these types of freedom are outcomes of the efforts of countless thinkers, social movements, revolutions, and wars throughout human history. However, social engineers are not interested in the history and struggles of our civilization, as they believe that they possess expertise in all areas, which is the line of thought at the heart of all dictatorial regimes. They do not think that social engineering is alien to the true nature of human beings, even though it is based on “mechanical exactness” and does not “spring from a man’s free choice.” Furthermore, advocates of social engineering ignore the fact that “the progress of mankind, in powers of mind and heart, in well-being and in technique, in law and morality, necessarily involves the participation of the lower classes.”

Anyone who believes that the social engineers of the WEF have noble intentions at heart as they design and implement the Great Reset should heed the warning of President Franklin D. Roosevelt (1935), who (ironically) declared:

The doctrine of regulation and legislation by “master minds” in whose judgment and will all the people may gladly and quietly acquiesce, has been too glaringly apparent at Washington during these last 10 years. Were it possible to find “master minds” so unselfish, so willing to decide unhesitatingly against their own personal interests or private prejudices, men almost godlike in their ability hold the scales of justice with an even hand, such a government might be to the interests of the country; but there are no such on our political horizon, and we cannot expect a complete reversal of all the teachings of history.

 

[marsh]

Our Economy In A Nutshell | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Our Economy In A Nutshell

SATURDAY, JUN 18, 2022 - 04:30 PM
Authored by Charles Hugh Smith via OfTwoMinds blog,

The economy has reached an inflection point where everything that is unsustainable finally starts unraveling.


Our economy is in a crisis that's been brewing for decades. The Chinese characters for the English word crisis are famously--and incorrectly--translated as danger and opportunity. The more accurate translation is precarious plus critical juncture or inflection point.

Beneath its surface stability, our economy is precarious because the foundation of the global economy-- cheap energy--has reached an inflection point: from now on, energy will become more expensive.

The cost will be too low for energy producers to make enough money to invest in future energy production, and too high for consumers to have enough money left after paying for the essentials of energy, food, shelter, etc., to spend freely.

For the hundred years that resources were cheap and abundant, we could waste everything and call it growth: when an appliance went to the landfill because it was designed to fail (planned obsolescence) so a new one would have to be purchased, that waste was called growth because the Gross Domestic Product (GDP) went up when the replacement was purchased.

A million vehicles idling in a traffic jam was also called growth because more gasoline was consumed, even though the gasoline was wasted.

This is why the global economy is a "waste is growth" Landfill Economy. The faster something ends up in the landfill, the higher the growth.

Now that we've consumed all the easy-to-get resources, all that's left is hard to get and expensive. For example, minerals buried in mountains hundreds of miles from paved roads and harbors require enormous investments in infrastructure just to reach the deposits, extract, process and ship them to distant mills and refineries. Oil deposits that are deep beneath the ocean floor are not cheap to get.

Does it really make sense to expect that the human population can triple and our consumption of energy increase ten-fold and there will always be enough resources to keep supplies abundant and prices low? No, it doesn't.

Many people believe that nuclear power (fusion, thorium reactors, mini-reactors, etc.) will provide cheap, safe electricity that will replace hydrocarbons (oil and natural gas). But nuclear power is inherently costly, and there are presently no full-scale fusion or thorium reactors providing cheap electricity to thousands of households.

Reactors take many years to construct and are costly to build and maintain. Cost over-runs are common. A new reactor in Finland, for example, is nine years behind schedule and costs have tripled.

The U.S. has built only two new reactors in the past 25 years.

The world's 440 reactors supply about 10% of global electricity. There are currently 55 new reactors under construction in 19 countries, but it will take many years before they produce electricity. We would have to build a new reactor a week for many years to replace hydrocarbon-generated electricity. This scale of construction simply isn't practical.

Supplying all energy consumption globally--for all transportation, heating of buildings, etc.) would require over 10,000 reactors by some estimates--over 20 times the current number of reactors in service.

Many believe so-called renewable energy such as solar and wind will replace hydrocarbons. But as analysts Nate Hagens has explained, these sources are not truly renewable, they are replaceable; all solar panels and wind turbines must be replaced at great expense every 20 to 25 years. These sources are less than 5% of all energy we consume, and it will take many decades of expansion to replace even half of the hydrocarbon fuels we currently consume.

To double the energy generated by wind/solar in 25 years, we’ll need to build three for each one in service today: one to replace the existing one and two more to double the energy being produced.

All these replacements for hydrocarbons require vast amounts of resources: diesel fuel for transport, materials for fabricating turbines, panels, concrete foundations, and so on.

Humans are wired to want to believe that whatever we have now will still be ours in the future. We don't like being told we'll have less of anything in the future.

The current solution is to create more money out of thin air in the belief that if we create more money, then more oil, copper, iron, etc. will be found and extracted.

But this isn't really a solution. What happens if we add a zero to all our currency? If we add a zero to a $10 bill so it becomes $100, do we suddenly get ten times more food, gasoline, etc. with the new bill? No.

Prices quickly rise ten-fold so the new $100 bill buys the same amount as the old $10.

Adding zeroes to our money (hyper-financialization) doesn’t make everything that's scarce, expensive and hard to get suddenly cheap. It's still scarce, expensive and hard to get no matter how many zeroes we add to our money.

Many people feel good about recycling a small part of what we consume. But recycling is not cost-free, and the majority of what we consume is not recycled.

The percentage of lithium batteries that are recycled, for example, is very low, less than 5%. We have to mine vast quantities of lithium because we dump 95% of lithium-ion batteries in the landfill. There are many reasons for this, one being that the batteries aren't designed to be recycled because this would cost more money.

The majority of all manufactured goods--goods that required immense amounts of hydrocarbons to make--are tossed in the landfill.

Goods and services are commoditized and sourced from all over the world in long dependency chains (hyper-globalization): if one link breaks, the entire supply chain breaks.

Our economy is precarious because it's in a lose-lose dilemma: resource prices can't stay high enough for producers to make a profit without impoverishing consumers. Prices can't stay low enough to allow consumers to spend freely without producers losing money and shutting down, depriving the economy of essential resources.

Playing hyper-financialized games--creating money out of thin air, borrowing from tomorrow to spend more today and inflating speculative bubbles in stocks, housing, etc.--won't actually create more of what's scarce. All these games make wealth inequality worse (hyper-inequality), undermining social stability.

The economy has reached an inflection point where everything that is unsustainable finally starts unraveling. Each of these systems is dependent on all the other systems (what we call a tightly bound system), so when one critical system unravels, the crisis quickly spreads to the entire economic system: one domino falling knocks down all the dominoes snaking through the global economy.

Those who understand how tightly interconnected, unsustainable systems are basically designed to unravel can prepare themselves by becoming antifragile: flexible, adaptable and open to the opportunities that arise when things are disorderly and unpredictable.

 

[marsh]

It’s Not a Turndown, It’s a Takedown – Catherine Austin Fitts | Greg Hunter’s USAWatchdog

By Greg Hunter’s USAWatchdog.com (Saturday Night Post) Catherine Austin Fitts (CAF), Publisher of The Solari Report and former Assistant Secretary of Housing (Bush 41 Admin.), contends this is what the so-called “reset” looks like. High food and fuel prices along with crushing interest rates are...

usawatchdog.com

It’s Not a Turndown, It’s a Takedown – Catherine Austin Fitts
By Greg Hunter On June 18, 2022 In Media No Comments
By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Catherine Austin Fitts (CAF), Publisher of The Solari Report and former Assistant Secretary of Housing (Bush 41 Admin.), contends this is what the so-called “reset” looks like. High food and fuel prices along with crushing interest rates are no accident. CAF explains, “To me, this is part of the ‘going direct reset.’ There is an official narrative, and the official narrative is they’ve got to stop inflation. . . . Let’s look very simply at what happened. They voted on the direct reset.

Then they injected $5 trillion into the economy that went to the insiders. Then they used Covid to shut down the economy run by the outsiders. Now, the outsiders want to open another business, and they are going to radically raise the cost of capital to the outsiders. What’s going to happen is that $5 trillion is going to buy more assets more cheaply. To me, this is part of centralizing the control of the economy. They are asserting very significant central control. This is not a turndown–this is a takedown.”

CAF’s view of the economy is simple and tangible. CAF says, “This is a world where people are trying to get into real assets that can generate a yield. Let me tell you what the problem is.

Doing things that create value on assets requires the rule of law. We are watching a very significant financial coup d’état. We have talked about this for years. That financial coup d’état is turning into a coup, and you are seeing a fundamental breakdown of law and order in many places. It is related to people trying to pick up assets. We see cities where crime is off the charts, and speculators are out having a field day picking up assets with that $5 trillion.”

CAF says, “At some point, you have to realize we are in a war. We have an enemy. We have the power to win, but we are going to have to fight. If you look at our ancestors in the last 10,000 years, I dare say we have it in us. Let’s get out of fear and get into fighting mode. There are two roads. We can preserve, rebuild and protect the human civilization, or we can become slaves. If you look at what these guys are up to, death is not the worst thing that can happen to you. Do not fear death. Fear slavery in a transhuman society.”

CAF also talks about gold, silver, the CV19 injections and the fallout from them. She also talks about why it’s more important than ever to hold onto the 2nd Amendment and your guns.

There is much more in the 1 hour and 5 min. interview.

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with the Publisher of The Solari Report, Catherine Austin Fitts.

It’s Not a Turndown, It’s a Takedown – Catherine Austin Fitts

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with the Publisher of The Solari Report, Catherine Austin Fitts. (6.18.22) To Donate to USAWatchdog.com Click Here: https://usawatchdog.com/do

rumble.com

1:05:02 min

 

[marsh]

POSOBIEC: Food insecurity in Biden’s America; ‘farms are being crushed by record diesel prices’

Posobiec followed-up his concerns for farmers facing the impact of diesel prices warning that “if the farmers cannot get the crops out of the ground then there is not food on the shelves.”

thepostmillennial.com

AMERICAN NEWS Jun 18, 2022 11:29 AM EST
POSOBIEC: Food insecurity in Biden’s America; 'farms are being crushed by record diesel prices'

Posobiec followed-up his concerns for farmers facing the impact of diesel prices warning that "if the farmers cannot get the crops out of the ground then there is not food on the shelves."

Joshua YoungYoungsville, North Carolina
June 18, 2022 11:29 AM2 Mins Reading

On the June 17th episode of Human Events Daily, Jack Posobiec said "we need to get serious about food security in this country and understand that the diesel prices or gas prices go into everything."

Posobiec's remarks reflect the growing concern that the record high gas and diesel prices will irrevocably hinder farmers' output. America's food supply has historically been abundant due in large part to the product of US farms.

As the New York Post reports, farmland heavy machinery such as tractors rely almost entirely on diesel fuel. These machines plant, harvest, and transport the crops and consume thousands of gallons of diesel fuel in the process.

Posobiec put a spotlight on the impact on Pennsylvania farmers in particular saying, "Pennsylvania farms are being crushed by record diesel prices." He emphasized that the average price for diesel is "now $6.19 per gallon," and is up "75 percent from a year ago."

Posobiec followed-up his concerns for farmers impacted by the cost of diesel warning that "if the farmers cannot get the crops out of the ground then there is not food on the shelves."

A Pennsylvania farmer from Lehigh County, was highlighted by Posobiec, detailing the farmer's efforts to press the dire situation by going to both the Pennsylvania Farm Bureau and state legislatures to press the dire situation. According to Posobiec the farmer said, "'I've got a tractor hooked up to my corn planter out here, no diesel fuel, and I can't afford to get any.'"

The farmer emphasized the high stakes of the situation saying, "We have now reached that point where [we're] very close to being a sinking ship. We are teetering on the edge right now."

One consequence of farmers generating less produce will be an additional increase in price to consumers, compounding the effects of record high inflation on food, which has increased 10.1 percent since last year.

President Joe Biden has casually said for weeks that "food shortages are gonna be real," while ducking any responsibility on the issue.

The Biden administration's activist approach to eliminating the country's use of fossil fuels disproportionately harms rural Americans. Posobiec noted the actions are consistent with the Democratic Party's disdain for rural America, recollecting Barack Obama insulting rural Americans as "bitter clingers" to guns and religion.

Posobiec acknowledged the potentially catastrophic political and civil impacts a food shortage could have, citing an Alfred Henry Lewis quote, "The only barrier between us and anarchy is the last nine meals we’ve had."

Posobiec concluded with "Guess what? If you want to complain about rural America, you better try not eating for that day. How about not eating for a week?" and "You break the backs of the farmers, you're going to shut down the food supply for everyone in the entire country."

 

[marsh]

Rand Paul warns leftists are 'ginning-up' violent crazies

Sen. Rand Paul, R-Ky., is warning that the Democrats and media across American have been working hand-in-glove and have been "ginning-up violent crazy people."

www.wnd.com

Rand Paul warns leftists are 'ginning-up' violent crazies
'As a victim of politically motivated violence I'm particularly sensitive'

By WND Staff
Published June 18, 2022 at 5:50pm

Sen. Rand Paul, R-Ky., is warning that the Democrats and media across American have been working hand-in-glove and have been "ginning-up violent crazy people."

A report at ZeroHedge explained he was reacting to the leftist who was apprehended near the home of Supreme Court Justice Brett Kavanaugh and was charged with trying to kill the justice.

Paul himself was victimized by a crazed attacker only a few years ago, and said, "As a victim of politically motivated violence I’m particularly sensitive to this. I’ve been speaking out since the beginning."

He accused the Democrats and the White House of encouraging protests outside the homes of justices, despite that being against the law.

In fact, the White House several times has refused to condemn the actions, affirming the "peaceful" protests and expressing hope they'll continue that way.

"I’ve been saying it is dangerous for our justices, we shouldn’t be allowing crowds to disrupt the public, to be there at nighttime making noise. They should be arrested for disorderly conduct and be removed," the senator said, in the report.

He added, "The White House steadfastly refused to condemn people outside of their houses.

That is not peaceful protest. That is ginning up and encouraging, and intimidating the justices should not be allowed."

He added the media to the list of wrongdoers.

"The concern is releasing justice’s addresses. Other networks put my address on the evening news. They put global satellite pictures of my house on the evening news… encouraging crazy people. It has got to stop. We have to quit doing this to our justices. We should quit doing it to the elected officials as well."

View: https://youtu.be/zvsIdvbHAYU
10:05 min

An example of a prominent Democrat delivering a strong threat to the Supreme Court:

https://twitter.com/i/web/status/1505963426186768387

View: https://twitter.com/i/status/1505963426186768387
.19 min

It was on May 10 the White House encouraged protests at Supreme Court justices' homes, and it took less than a month for the charge of attempted murder to be leveled.

In the Kavanaugh situation, the assailant, identified as Nicholas John Roske, told officials that he "wanted to kill" Kavanaugh, and that the motive for his intended attack was disagreement with the Supreme Court’s assumed plan to overturn Roe v. Wade.

 

[marsh]

Border Patrol Ordered Not to Apprehend Migrants by Walls or in Rio Grande - Uncle Sam's Misguided Children

The Border Patrol ordered not to apprehend migrants near any border wall or fence, or in any waterway is just another coverup by the DHS.

www.unclesamsmisguidedchildren.com

Published June 18, 2022

Border Patrol Ordered Not to Apprehend Migrants by Walls or in Rio Grande

Faye Higbee

A new directive coming down from the Biden administration to the Border Patrol ordered them not to arrest migrants near “waterways, walls, canals, or other barriers.” Which pretty much leaves out anything except a cactus. Can they arrest illegals by a cactus?
_____________________________________________________________________________________________________
The directive states:

When encountering individuals in dangerous environments, Border Patrol Agents (BPAs) should take extra law enforcement safety precautions. Whatever the situation encountered, such as a river, canal, or other waterway; the border fence, wall, or other barriers keep the following general guidance in mind:

If individuals are “staging” along the United States international border, BPAs may use deterrence measures, give instructions not to cross, and/or contact foreign government partners for assistance.

For everyone’s safety, it is recommended that BPAs do not attempt to apprehend or arrest anyone in a waterway, on the border fence or any other dangerous barrier. Arrests should be made in an area where it is safe, such as once the migrant makes landfall or come down from the fence.

BPA’s will not forcibly guide individual(s) back into waterways or other unsafe environments.

BPAs will not forcibly remove anyone from the United States at the border. Migrants must be inspected and processed for appropriate dispositions.

Breitbart

Screenshot of directive

There was reportedly a “presentation” accompanying the written directive. Breitbart reporter Randy Clark, a retired Border Patrol Agent, suggested that the new directive may stem from the horse patrol agents who were accused by Mayorkas of “whipping” Haitian migrants back in September of 2021. The agents were cleared of carges back in December of 2021, yet the DHS plans to punish them over the incident. They have remained on administrative duties since the accusation. The Breitbart article said they may possibly be accused of pushing them back from the border.

This entire ridiculous bull*** was a cover for Alejandro Mayorkas’ lousy performance as a Secretary of “Homeland Security” and the Biden administration’s agenda to destroy the United States by bringing in every illegal and every refugee from around the world. They have not only placed American citizens in harm’s way, but the communities in which they reside.

 

[marsh]

Crushing Humanity: The Plot Behind Vaccine Passports

Banks, think tanks, trusts, global corporations, authoritarian nations, the Deep State and governments worldwide, and most of the top politicians in the U.S...

www.americaoutloud.com

Crushing Humanity with a Simple Wallet Card: The Plot Behind Vaccine Passports
by Peter Breggin MD and Ginger Ross Breggin | Jun 18, 2022 | Health, Politics, World

Podcast: Play in new window | Download | Embed 57:17 min

Vaccine passports are so much more than we ever imagined — they are the link between us and an already enormous movement to collect all our data and then use it to control the details of our lives.

Banks, think tanks, trusts, global corporations, authoritarian nations, the Deep State and governments worldwide, and most of the top politicians in the U.S. and the world — they are well along in the process of gathering data on every living person and developing tracking and surveillance techniques to go along with it. It is mostly the same villains that nearly destroyed the economies of the world and paralyzed every constitutional democracy, including Bill Gates, Klaus Schwab, the UN, and WHO — all the global predators we talk about in our book, COVID-19 and the Global Predators: We Are the Prey — now fleshed out with all manner of tech companies, the cryptocurrency predators, and pretty much everyone in power.

Here’s the great news: We interview Corey Lynn, the author of Global Landscape on Vaccine ID Passports, available on her website only at www.coreydigs.com. We recommend this book as the most innovative deep dive into the same waters we have been diving into, with amazing new discoveries. It’s also a beautifully illustrated book that, despite all the data in it, is elegantly written. This is one of the single most important contributions to understanding globalism. It also has some serious recommendations on how we can all work together against this system, including each of us using cash in defiance of the surveillance system called charge cards. Cory Lynn’s book is one of the best there is, and this show with her is among our best ever.

 

[marsh]

Trending Politics News and Commentary

/*! elementor - v3.9.1 - 14-12-2022 */ .elementor-column

trendingpolitics.com

“I Think That’s Coming”: Farmer Sounds Major Warning on Food Crisis
by Willabout 9 hours ago

Could Americans soon have rumbling bellies and empty cupboards, unable to find anything to eat on account of price and scarcity? Scarily, that’s now looking like a real enough possibility that those who grow the food are wildly sounding the alarm bell, warning that a food disaster is on the horizon and that Americans need to wake up before it’s too late.

Such is what John Boyd Jr., the president of the National Black Farmers Association said in a recent interview, arguing that a food crisis is on the horizon in a way it hasn’t been for America in a long while, if ever since the founding of the nation. In his words:

“Well, most people don’t know corn for instance, is in cornflakes and corn syrup. Soy beans are in all sorts of products that wind up in your local grocery stores.

“So when you don’t have enough corn or you don’t have enough wheat, or you don’t have enough soy beans, those things, those are major items that we need to — to make all — all of these other products are not going to be in your local grocery stores like we’ve been used to.

“For so long we’ve had enjoyed, you know, lots of food in this country, so we’ve never, ever faced a food shortage, and I think that’s coming in the coming months. The Biden administration that I’ve been urging to take more swift action still hasn’t taken the action that’s — I believe — that’s needed.”

As the main reason for that, Boyd Jr. cited disastrously high diesel prices, with diesel now reaching about $5.70 a gallon, an almost two and a half dollar price increase from just a year ago.

That’s an incredibly high fuel price for farmers (most tractors run on diesel), one that makes it near impossible for farmers to plant enough crops to feed America in the manner to which it is accustomed.

The problem is that because farmers rely on equipment that uses diesel and needs to burn it at a prodigious rate to operate, planting long rows of crops becomes disastrously expensive, with farmers needing to burn thousands of gallons to get the job done. That’s possible when fuel is a reasonable price, but not when it’s so expensive that they can’t afford to run the equipment.

The result, as the New York Post notes, is that “Feeling the pinch at the pump, farmers can decide to stop planting certain crops to save money on fuel, which, in turn, could result in higher food prices and even food shortages.”

And the result of that, if the doomsayers are right, is that Americans either go hungry thanks to shortages or thanks to sky-high prices, prices that could have been avoided had America maintained its energy dominance rather than waging a war on fossil fuels in the name of “green energy”.

 

[marsh]

In Doctors We (No Longer) Trust

How many times have you heard someone say, “It’s okay, I trust my doctor”? This happens to us ...

www.theepochtimes.com

(Monkey Business Images/Shutterstock)

HEALTH VIEWPOINTSIn Doctors We (No Longer) Trust
BY JENNIFER MARGULIS AND JOE WANG TIMEJUNE 18, 2022 PRINT

How many times have you heard someone say, “It’s okay, I trust my doctor”? This happens to us a lot. When we try to share health information with friends, family, or colleagues, we are met with resistance. “My doctor says it’s safe,” a family member will say, “and I trust my doctor.”

On the surface, trusting your doctor seems to make good sense. After all, getting into medical school is highly competitive and medical doctors receive over six years of education after they’ve gone to college.

In addition, a 2017 meta-analysis found that patients who trust their health providers have higher patient satisfaction, engage in more beneficial health behaviors, report suffering from fewer symptoms, and even seem to have a higher quality of life than patients who don’t. (1)
Other recent research has shown that patients who trust their doctors are more likely to take their prescribed medication, and be more committed to their healthcare institution. (2) (3)

At the same time, however, blind trust is problematic. During this time of turmoil, lockdowns, and ongoing fear-mongering, we have also come to learn that doctors are as fallible as the rest of us.

They dismiss our concerns, make the wrong diagnoses, and prescribe medications that do more harm than good. According to Dr. Ben Marble, speaking at a recent conference for medical doctors providing frontline care to COVID patients, emergency room nurses have dubbed remdesivir, an anti-viral used to treat severe COVID-19, as “run-death-is-near” because of its toxicity to the kidneys.

This safety concern has also been confirmed in the peer-reviewed literature. But instead of finding less toxic, more effective medications, doctors in American hospitals are continuing to prescribe it. In April of 2022, the FDA granted it full approval as a treatment for COVID-19 for children under 12 and infants as young as 28 days old. (4)

At the beginning of the pandemic, conventionally trained medical establishment doctors offered their patients no treatments for COVID-19 and no hope. As Peter McCullough, a well published cardiologist with over 30 years of experience practicing medicine, told the Texas Senate Health and Human Services Committee on March of 2021, people diagnosed with COVID-19 were treated like they had gotten a death sentence.

“It is unimaginable in America that we can have such a complete and total blind spot [when it comes to treating COVID]. I blame the doctors for not stepping up,” McCullough told the committee. “We have a crisis of compassion in our country in the medical field,” he added later in his testimony.

As McCullough pointed out, conventional doctors failed their patients. They unquestioningly followed cruel hospital protocols that kept people from the bedsides of dying loved ones (whether they were dying of COVID or any other illness), even though myriad studies show that having loved ones in the ICU can actually help people survive, as a recent article in STAT explored.

They defended and enforced hospital policies of allowing no husbands, partners, or loved ones in the birthing room with a woman having a baby, forcing them to give birth alone and unsupported.

Instead of being healers and helpers, many doctors during COVID-19 have been acting like the Borg: the aliens in the fictional Star Trek universe who are unable to think for themselves or maintain any semblance of individuality.

Iatrogenic Errors #3 Cause of Death in America
In May of 2016 a landmark study was published by two researchers in the Department of Surgery at Johns Hopkins that showed that medical errors are the third leading cause of death in the United States, responsible for over a quarter of a million of unnecessary deaths a year. (5)
At the same time, fewer than 10 percent of medical mistakes are reported, according to researchers at Purdue University. (6)

For people who want to live long healthy lives, it seems, trusting doctors blindly may not help us reach that goal.

In Doctors We No Longer Trust
One should always be suspicious of anyone who says, “Trust me, I know what’s best for you.”

And if that person is a harried medical doctor, who is essentially a stranger, and who spends just a few minutes talking to and examining you during a medical appointment, that is all the more reason to be wary.

The average primary care exam lasts only 18 minutes, according to research published in 2021.

While iatrogenic mistakes and hurried appointments have been an ongoing problem in conventional medicine, the misguided and unscientific approach many doctors have taken during COVID-19 have served to make things worse. (7)

A Better Way Forward
It does not make sense to put blind trust in any doctor, especially these days. You know your body better than your doctors. You know how you got sick and, it’s quite likely, you also know how best to heal. What does make sense is to do your own research, find doctors who will partner with you instead of lord over you, bring a patient advocate with you to every appointment, and get a second (or third or fourth) opinion when you are not sure your doctor’s recommendations are best.

A true story: When Jennifer’s daughter was a baby she got an angry red rash around her face. Jennifer brought her to the doctor, a family physician named Robert Weitzman, M.D., based in South Hadley, Massachusetts.

“What’s wrong with the baby?” he asked amiably.

“That’s what I came here to ask you!” Jennifer protested.

“Naw,” Weitzman said. “I bet you know what’s wrong.” Then he paused, giving Jennifer the opportunity to speak.

“I think she has a staph infection,” Jennifer said. “An overgrowth of stapholococcus bacteria.”

“That would be my diagnosis too,” Weitzman said. He paused again. “So what do you think we should do about it?”

Jennifer laughed. “Isn’t that your job—to tell me?” When Weitzman didn’t answer, she spoke up: “I think she may need an antibiotic. But I’d rather not give her one, if I don’t have to.”

Together they made a plan: Weitzman wrote a prescription for an oral and a topical antibiotic and recommended Jennifer to get it filled in case it was needed. He said he felt comfortable with a “wait and see” approach. If the rash got worse, or if the baby spiked a fever, they would give her the antibiotics. But they would give it 24 to 48 hours to clear up on its own.

In the meantime, he suggested getting some direct sunlight on the rash to help it dry out. They also talked about how eating too much sugar—as a breastfeeding mom—can contribute to the overgrowth of bad bacteria. The rash cleared up on its own. In fact, none of Jennifer’s four children ever took a single antibiotic growing up.

A 2017 study by a team of researchers in Texas about how doctors can better build trust in the doctor-patient relationship identified five actions that can help: 1) provide reassurance, 2) tell patients it’s okay to ask questions, 3) share lab results with patients and take the time to explain what they mean, 4) don’t use judgmental language or act judgmentally towards the patient, and 5) ask patients about their treatment goals and preferences. (8)

We believe that the best doctors are the ones who partner with their patients. The doctors who put patients over profits, who listen as much as they talk, and who are willing to change their minds in the face of new evidence, are those who provide the best care. It is only when our health care providers act in ways that lead us away from fear-mongering and hopelessness and towards lasting and lifelong good health that our trust in doctors will be restored.

Joe Wang, Ph.D., was trained as a molecular geneticist and is now the head of New Tang Dynasty TV (Canada). Jennifer Margulis, Ph.D., is an award-winning science writer and a frequent contributor to The Epoch Times. They invite trustworthy doctors and other healthcare providers to reach out to them with health-related article ideas.

References
1. Birkhäuer J, Gaab J, Kossowsky J, et al. Trust in the health care professional and health outcome: A meta-analysis. PLoS One. 2017;12(2). 2017 Feb 7.
2. Qianqian Fan, Adriel Shao En Ong, Mariko Siyue Koh, Kinjal Doshi,
The mediating role of trust in physician and self-efficacy in understanding medication adherence in severe asthma, Respiratory Medicine, Volume 190, 2021,106673,
ISSN 0954-6111, Redirecting.
3. Durmuş A, Akbolat M. The Impact of Patient Satisfaction on Patient Commitment and the Mediating Role of Patient Trust. J Patient Exp. 2020 Dec;7(6):1642-1647. doi: 10.1177/2374373520967807. Epub 2020 Oct 21. PMID: 33457625; PMCID: PMC7786692.
4. Gérard AO, Laurain A, Fresse A, Parassol N, Muzzone M, Rocher F, Esnault VLM, Drici MD. Remdesivir and Acute Renal Failure: A Potential Safety Signal From Disproportionality Analysis of the WHO Safety Database. Clin Pharmacol Ther. 2021 Apr;109(4):1021-1024. doi: 10.1002/cpt.2145. Epub 2021 Jan 16. Erratum in: Clin Pharmacol Ther. 2022 Jun;111(6):1343. PMID: 33340409.
5. Makary MA, Daniel M. Medical error-the third leading cause of death in the US. BMJ. 2016 May 3;353:i2139. doi: 10.1136/bmj.i2139. PMID: 27143499.
6. Anderson JG, Abrahamson K. Your Health Care May Kill You: Medical Errors. Stud Health Technol Inform. 2017;234:13-17. PMID: 28186008.
7. Neprash HT, Everhart A, McAlpine D, Smith LB, Sheridan B, Cross DA. Measuring Primary Care Exam Length Using Electronic Health Record Data. Med Care. 2021 Jan;59(1):62-66. doi: 10.1097/MLR.0000000000001450. PMID: 33301282.
8. Dang, B.N., Westbrook, R.A., Njue, S.M. et al. Building trust and rapport early in the new doctor-patient relationship: a longitudinal qualitative study. BMC Med Educ 17, 32 (2017). Building trust and rapport early in the new doctor-patient relationship: a longitudinal qualitative study - BMC Medical Education.
Views expressed in this article are the opinions of the author and do not necessarily reflect the views of The Epoch Times.

 

[marsh]

Supply Chain Woes Hitting American Families: 'It Is Very Hard'

U.S. families are struggling to make ends meet beyond as multiple supply chain issues continue to affect many aspects of their lives.

www.breitbart.com

Supply Chain Woes Hitting American Families: ‘It Is Very Hard’
35

Louise Beaumont/Getty'

HANNAH BLEAU18 Jun 2022111

U.S. families are struggling to make ends meet as multiple supply chain issues continue to affect many aspects of their lives amid record high gas prices and 41-year-high inflation.

Online news outlet the 19th highlighted one such case this week as an Indianapolis mother, Diamond Cotton, has struggled to find basic products she needs for her family. She has been forced to go from store to store to find tampons for her daughters, “who have both started menstruating and would need tampons to go swimming this summer,” according to the outlet.

At the same time, she is 15 weeks pregnant, and has to think about where the baby formula crisis will be months down the road, as her youngest son, now 4, was a premature baby and needed infant formula because she “couldn’t produce enough breastmilk to feed him then.”

“It is very hard — I am going to need formula, and when I come out of the hospital, I’m going to need more menstrual products,” Cotton told the outlet, as she also is struggling to find help with child care, partially due to high demand and limited staff. This is a serious concern for Cotton, as if she cannot find child care, she said, she will lose her job and with it the ability to provide for her children.

According to the outlet:

She’s managing all of that as she’s watching gas prices shoot up and purchasing groceries for her family from a list that each week grows more limited. Women, particularly those who are sole heads of households, are affected more than men by food inflation. Last month, the cost of groceries rose nearly 12 percent since May 2021 — the largest increase since 1979.

The takeaway for Cotton is pretty clear: “For women and children, there is not enough support,” she said.

Cotton is not the only mother facing these issues, as many of these concerns jumped to the forefront at the height of the baby formula crisis earlier this year, as mothers swapped stories of going from store to store in a desperate search to find nourishment for their infants.

“I have enough formula for two babies for 14 days,” Kayla Zurenko, a mom of four, told Fox News Digital in May. “Where am I going to find formula after that?”

Zurenko’s worries came as the Abbott Nutritional plant in Sturgis, Michigan, remained shut down due to concerns over a bacterial outbreak, though reportedly no links were found between the formula and sick infants. As a result, the plant finally reopened in June, only to shut down again this week due to flooding in the area. As a result, it will “likely delay production and distribution” of new products, the plant announced.

But now other product shortages are hitting the shelves, as Procter & Gamble confirmed this week that it is facing issues as well.


A box of Tampax Pearl tampons is seen on a shelf at a store in Washington, DC, on June 14, 2022. (STEFANI REYNOLDS/AFP via Getty Images)

“The Tampax team is producing tampons 24/7 to meet the increased demand for our products,” the company said in a statement, adding, “We are working with our retail partners to maximize availability, which has significantly increased over the last several months.”

All of this — Americans dealing with supply chain shortages, rising gas prices, and 41-year high inflation, with no relief in sight in President Biden’s America — comes as the midterm elections loom.

 

[marsh]

The US Needs Less Red Tape, Not More

The “left” and radical environmentalists are essentially widening these considerations to embrace the wrong-headed idea that any and all increases in...

www.americaoutloud.com

Rising Inflation, Supply Chain Disruptions, Workforce Shortages: The US Needs Less Red Tape, Not More

by Robert Lyman and Jay Lehr | Jun 18, 2022 | Climate Change, Economy, Energy, Politics

“Environmental assessment and review” was essentially begun in the 1960s as a way of ensuring that environmental considerations were explored systematically when governments were making decisions about whether to issue permits to allow the construction of major projects to proceed. This, in itself, did not elevate environmental considerations above all other public interest considerations such as the economic, social, health, financial, engineering, and other matters.

The problem was that the processes for environmental assessment and review were enshrined in legislation and then in regulations. This gave the environmentalists a lever that they could use to challenge the lawfulness of permits on the grounds that the processes used did not comply precisely with the provisions of the legislation and regulations. Activist judges colluded with activist environmentalists to make the process of defending a permit near impossible.

The situation was made worse when the scope of “environmental assessment” was expanded to require a high level of public engagement (i.e., multiple opportunities for “community groups” to submit comments and participate as intervenors in regulatory proceedings and court reviews, often at public expense). No one ever challenged this on the grounds that it elevated the interests of those who advocate for environmental objectives above those who advocate for economic development or other public interest considerations. Well-funded environmental groups were thus successful in delaying environmental reviews and subsequent permitting for years, sometimes decades, and adding greatly to the costs of the projects (which, of course, are ultimately paid by the public).

The latest blow to the coherence of this process was the inclusion of “climate” considerations within the list of environmental considerations. When one realizes that humans have no measurable or certainly significant impact on the Earth’s climate, the arrogance of these regulations boggles the mind.

The “left” and radical environmentalists are essentially widening these considerations to embrace the wrong-headed idea that any and all increases in greenhouse gas emissions run counter to the “imperative” of achieving “net-zero” emissions.

President Biden and his puppet masters have now placed the “climate consideration” into the Law of The Land.

If you recognize that virtually every new construction project in the past half-century has been slowed by the potential protection of some unthreatened animal, insect, or fish, you will have trouble getting your arms around the fact that it will get worse.

It is hard to say what a Republican House of Representatives can or will do when they take over next January, but at a minimum, they should try to have the latest changes reversed. They can’t pass legislation alone, but they can put pressure on the current administration in other ways to do so. In a perfect world, they would repeal those sections of the National Environmental Protection Act (NEPA) that prescribe the ways in which environmental assessment and review must be conducted and the scope of matters that should be considered. The unknowable controls over the environment should not be among them. We must level the playing field between environmental interests and other public interest considerations. Environmental zealots have ruled too much of our nation for too long.

But as the TV salesmen often say, WAIT, THERE IS MORE, and indeed there is.

In April, the White House restored three core elements of the aforementioned National Environmental Policy Act that had been rolled back under the Trump administration. Tighter environmental scrutiny for energy projects during the federal review process has been reinstalled.

Enacted in 1969, NEPA is a cornerstone of the federal permitting process for a wide range of activities. It applies to upstream oil and gas development, as well as the construction of fossil and renewable energy infrastructure, roads, bridges, and transit systems.

The Trump Administration’s overhaul of NEPA was designed to streamline the approval process for major infrastructure projects, including oil and gas pipelines, which advanced economic progress without threatening the environment.

The current White House Council on Environmental Quality (CEQ) now requires federal agencies to evaluate “all relevant environmental impacts — including those associated with climate change – during environmental reviews.”

It requires agencies to “consider the ‘direct,’ ‘indirect,’ and ‘cumulative’ impacts of a proposed action, by fully evaluating climate change impacts and assessing the consequences of releasing additional pollution in communities that are already overburdened by polluted air or dirty water.

Remember the gas you exhale; carbon dioxide is considered a pollutant, and who is deciding what community has dirty air and water? Actually, they are few and far between in America today but trust us, if this continues, there will be no project that can’t be effectively stopped. But, of course, that is the whole idea to bring the nation to its knees and obtain total control over the lives of our citizens.

CEO Chair Brenda Mallory indicated that restoring the old framework would make project approvals less susceptible to legal challenges; she said,

“Restoring these basic community safeguards will provide regulatory certainty, reduce conflict, and help ensure that projects get built right the first time,” Mallory said. “Patching these holes in the environmental review process will help projects get built faster, be more resilient, and provide greater benefits – to people who live nearby.”

We were not there when she said these things, but we can’t believe she told them with a straight face.

American Petroleum Institute (API) Senior VP Frank Macchiarola was quoted after the new ruling that “high energy costs for American consumers and European allies looking to the U.S. for access to an affordable and stable energy supply will be thwarted.

Macchiarola also explained the recently announced task force between the United States and European Union to shore up the supply of liquefied natural gas (LNG) to Europe in order to lessen its dependence on Russian natural gas. He said, “an effective and efficient NEPA process is critical to expanding LNG export projects, which will likely require additional interstate pipeline capacity.”

Without a reasonable permitting system that no longer exists, infrastructure projects crucial to U.S. energy security cannot be constructed under a timeframe that reflects the urgency for which they are needed.

The U.S. Chamber of Commerce’s Marty Durbin, senior vice president of policy, spoke out against the new rules as well. We loved his quote: “It should never take longer to get federal approval for an infrastructure project than it takes to build the project.” That will be the result of the administration’s changes that revert back to the broken 1978 NEPA review process.

“A more efficient permitting process is critical for building modern infrastructure, including new roads, renewable energy facilities, telecommunications, and other critical forms of infrastructure.”

With rapidly rising inflation, major supply chain disruptions, and workforce shortages, the US needs less red tape, not more.

Adding insult to injury to the harm the puppet masters are inflicting on our nation from the White House is their repeated commitment to achieving environmental justice and confronting climate change.

None of this surprises those of us knowing well that they aim to destroy the benefits of capitalism as the only system to have raised the standard of living everywhere it exists.

 

[marsh]

Globalist Surveillance State: WEF Begins Secret 'Smart City' Operations in the Netherlands - RAIR

Apeldoorn has been transformed by the WEF without consulting its residents, into the first 'Smart City' of the Netherlands.

rairfoundation.com

Globalist Surveillance State: WEF Begins Secret 'Smart City' Operations in the Netherlands

Apeldoorn has been transformed by the World Economic Forum (WEF), without consulting its residents, into the first ‘Smart City’ (surveillance city) of the Netherlands.

An unknown Austrian company, RadioLED, has rolled out a 5G network in the city based on a secret agreement with the municipality. The municipality receives no revenue from the project; the direction lies entirely with RadioLED. The company also manages the data obtained from thousands of sensors that follow Apeldoorn citizens everywhere.

Apeldoorn Smart City is just one of the many projects that WEF is implementing in the Netherlands. The network organization from Switzerland is intertwined through many tentacles with Dutch politicians – from Queen Maxima to Sigrid Kaag and Mark Rutte – who are implementing the globalist agenda of the great leader Klaus Schwab, the ‘Great Reset’.

Schwab seeks a global “4th Industrial Revolution,” which should include a “digital identity” for every inhabitant of the earth and even a fusion of man and technology through the implantation of chips in the human body.

2016 Interview: Klaus Schwab Wants to Implant Chips in Your Brain 2:25 min

However, criticism of the WEF’s influence is growing. The organization is undemocratic, and the agenda its ambassadors implement in the Netherlands is not subject to parliamentary or public debate.

Schwab himself makes no secret of the influence he exerts. In a 2017 interview at Harvard, he openly explains that the WEF penetrates governments. “At a reception hosted by Canadian Prime Minister Trudeau, I realized that half of his cabinet had gone through my Young Global Leader program,” he said.

The same goes for the government teams of Argentina and France. The WEF offers training for “political talents” that numerous world leaders have gone through in the past, including Angela Merkel, Emmanual Macron, Nicolas Sarkozy, Tony Blair, and Bill Gates. “Schwab can call any world leader,” WEF member Ben Verwaayen, an Officer of the Order of Orange Nassau, revealed in an interview.

Klaus Schwab 2017 Young Global Leaders - Russian President Putin 1:03 min

Citizens On The Sidelines
In Apeldoorn, the Austrian tech company RadioLED has rolled out a public 5G network, a first in the Netherlands. But what this company does with the data it collects about Apeldoorn citizens and what further agreements are in place with the municipality is kept secret. Inquiries at the municipality yield nothing.

Apeldoorn is the first municipality in the Netherlands to start its smart city project at the end of 2021. A project in which the city – in collaboration with technology company RadioLED – will be equipped with a superfast and free public 5G network, traffic lights that ensure cyclists don’t have to wait too long for a green light when it’s raining, traffic lights at an intersection that indicate whether another road user is approaching, and sensors that monitor the cleanliness of the air.

All of this is intended to contribute to a livable city and address issues of sustainability, climate, housing, and transportation. Proponents say, “Clever, it makes city living more efficient, easier, and more fun.”

But what do the people know about the RadioLED company? What does the Smart City project actually entail, and who will benefit? How many antennas will there be, and where will they be placed? Do citizens have a say? When will it be the turn of the rest of the Netherlands? And also: what about privacy, and what are the health risks?

RadioLED is an Austrian tech company that develops, builds, and operates wireless networks with its patented technology at home and abroad.

To implement the Smart City project, the municipality of Apeldoorn and RadioLED signed a secret agreement in 2021, giving RadioLED permission to install 500 small transmitters (square white boxes) on lampposts. The cost so far is 1.7 million euros. The project was initiated by the World Economic Forum WEF.

The number of white boxes in public outdoor areas will be expanded in the future. The total cost of this project is estimated at 17.8 million euros and will be borne entirely by RadioLED.

The company does not specify how this investment will be recouped, but it is obvious that it is about collecting and selling data. A lucrative business in which the citizens have to foot the bill.

The municipality of Apeldoorn receives no revenue from the Smart City project, all profits go to RadioLED.

Thus, complete control of the Smart City project is in the hands of an unknown Austrian technology company. However, the website of the municipality of Apeldoorn states that it is shaping the Smart City project “together with residents, businesses, educational and knowledge institutions.”

But then why did the municipality enter into a secret agreement with RadioLED? And why does the municipality of Apeldoorn respond to questions from citizens by announcing that they should contact RadioLED with questions about the content of the Smart City project? And are residents really waiting for this smart city project?

The members of the ‘Werkgroep Bezorgde Burgers’ (Concerned Citizens Workgroup) certainly do not. One of the initiatives of this working group is the petition “Stop Smart City Apeldoorn and the rollout of the boxes of RadioLED”, calling on the Apeldoorn authorities to immediately stop the implementation of the Smart City until citizens are fully informed and given a say, and until there is clarity on liability for privacy and/or health damages.

The secret contract Apeldoorn signed with RadioLED is strongly reminiscent of the Ministry of Economic Affairs’ agreement – also secret at the time – with telecommunications companies, which stipulated that municipalities would be left out of the loop and that the Dutch population could not object to the deployment of (future) wireless communication networks.

Although Apeldoorn is the first municipality in the Netherlands to implement the Smart City project, this project is also on the agenda in the other municipalities. However, the political debate on the radiation and 5G dossier in The Hague has been hushed up.

However, the report “5G and Health”, published by the Health Council 2020, shows that the impact of 5G on health has not yet been researched in part, that the actual health risks are not known, and that a link between 5G and health damage for several diseases cannot be ruled out.
This, in effect, makes us the guinea pig. This report was on the House of Commons agenda three times in late 2020, but the discussion was postponed each time. Since then, no politician has returned to it.

The first phase of the 5G (700, 1400, and 2100 MHz auction) is now a fact. The proceeds for the state: 1.23 billion euros. The second phase (auction of 3.5 GHz) is scheduled for the end of 2022. This will bring nationwide coverage through a comprehensive network of 5G small cells (micro antennas).

This will literally land our privacy on the street, and the door to the surveillance state will be wide open.

This article was first published in Dutch newspaper De Andere Krant

 

[marsh]

Democrats Pass a Phony Gas Gouging Bill

The Consumer Price Gouging Prevention Act passed, but only with Democrat votes...Republicans didn't vote for it [because] it's a fraud.

www.independentsentinel.com

Democrats Pass a Phony Gas Gouging Bill
By
M Dowling
-June 18, 2022

The Consumer Price Gouging Prevention Act of 2022 passed, but only with Democrat votes. The reason Republicans didn’t vote for it is it’s a fraud. Joe Biden is attempting to shift the blame for the high price of gas to the gas and oil industry. He claims they are gouging. They are not. This gas inflation is on Joe Biden.

The bill sponsored by Rep. Kim Schrier, D-Wash., and Rep. Katie Porter, D-Calif., would make it illegal to sell gas at an excessive price during an energy emergency.

Kim Schrier, Official Portrait

There is a good chance Democrats will use this act to keep the gas companies from making any money on gas. The companies aren’t making the profits Biden claims. Exxon alone lost billions in the last 10 quarters and $20.1 billion in December 2020.

Democrats want price control like any authoritarian regime, and they want to pretend the companies are gouging.

Meanwhile, in the blue cities, the government won’t give up their profit. The taxes on gasoline are actually going up in California in July.

“At a time when people in my district and across the country are feeling the pain of high prices at the gas pump, Congress needs to be doing all we can to bring down costs,” Schrier said in a statement.

Schrier said the FTC needs to have the power to investigate and crack down when there’s evidence of real gouging.

House Republican Whip Steve Scalise wrote to Republican members that the bill was an “attempt by the Majority to distract and shift blame” for high gas prices. Scalise wrote that there was no evidence of gas price gouging.

UPI blames Putin and COVID for the high price of gasoline. That’s just not the complete story.

This is all on Joe Biden. He forced the lockdowns and he spent wildly while suffocating the oil and gas industry. This is another Democrat ruse to back up one of Joe’s lies that the shortage is due to gouging.

Americans won’t fall for it.

 

[marsh]

"The Family Is Certainly at the Center of the Globalists’ Attack" - Archbishop Vigano on the New World Order - Part II

www.thegatewaypundit.com

“The Family Is Certainly at the Center of the Globalists’ Attack” – Archbishop Vigano on the New World Order – Part II

By Joe Hoft
Published June 18, 2022 at 3:00pm

Archbishop Carlo Maria Vigano, a fearless opponent of the New World Order, where human rights are discounted and sacrificed for those in power, was interviewed recently by Attorney Reiner Füllmich.

We previously reported on Part I of this interview.



Today was have Part II of the interview:

Below are some key thoughts coming from Archbishop Vigano’s interview with attorney Reiner Füllmich.

• …the authors of the pandemic farce are the same people who today would like to push the world towards a total war and a permanent energy crisis.
• False accusations are one of the means used by those who want to eliminate an adversary whom they fear and cannot fight fairly.
• Even the recent Russian-Ukrainian crisis significantly finds the globalist elite, NATO, the American deep state, the European Union, the World Economic Forum, the entire media machine, and the Vatican all aligned on the same side. Putin’s intervention in Ukraine is considered a threat to the New World Order that must be neutralized even at the cost of a global conflict.
• …the Ukrainian crisis was deliberately provoked by the deep state in order to force the world to carry out the Great Reset reforms, in particular the so-called “technological transition” and the “green shift.” It is the second stage of the globalist technocrat coup, after the pandemic farce.
• Without a crisis, how could the increase in the price of gas and petrol be imposed as an instrument to force companies and individuals to make the famous “ecological transition” that no one has ever voted for and that has been imposed by bureaucrats who are enslaved by the elite?
• …the ideological – and infernal – purposes of the elite make use of the complicity of economic potentates whose aims are merely to make profit.
• The family is certainly at the center of the globalists’ attack.
• striking at the family leads indefectibly to the dissolution of the social body, which by nature is incapable of replacing the role of the family.

There is much more below in the transcript from the interview.

Interview Dr Manocchia June 2022 Part I and II by Jim Hoft on Scribd
(scribd doc on website)


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