GOV/MIL Main "Great Reset" Thread

marsh

On TB every waking moment
‘We The People Are The Sovereign’: Mike Davis Explains The Deep History Of ‘The American System’ 10:56 min

‘We The People Are The Sovereign’: Mike Davis Explains The Deep History Of ‘The American System’
Bannons War Room Published June 25, 2022

‘We The People Are The Sovereign’: Mike Davis Explains The Deep History Of ‘The American System’ No other synopsis given.

(Brief notes: The people get their power and rights directly from God. The people lend their power to the government in specific, enumerated powers. In turn, the government secures the rights of the people. This is different from the old system of kings where God gave the power to the king and he granted alienable rights to the People.

SCOTUS has cracked down on the federal government assuming expansive powers. In history, the Democrats during the New Deal, threatened to pack or expand the justices in the court to reclaim a liberal majority of justices.

Bannon and Davis talk about the expansive use of the Commerce Clause and the Administrative State - how SCOTUS became a rubber stamp and the Administrative State became sovereign.)
 
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marsh

On TB every waking moment
Jun 25, 2022 at 4:23pm​
‘Migrant’ Armies​
25 June 2022
Mexico

Am watching the news from Morocco/Spain. Chuck Holton had the excellent idea of going to Morocco last year and invited me. I went.

We were at borders such as Greece/Turkey, Morocco/Spain, Lithuania/Belarus.

This is a replacement strategy. Nothing to do with votes. In USA, migration issues have normally been about the normal HOP issues, and in more recent generations about blue votes.

That has changed.

In USA the growing replacement strategy is succeeding. Darien Gap shaping into THE main corridor. Darien remains only tributary but conditions are growing to make Darien the Amazon to America.


Watch: 18 Dead, 76 Injured As 1000s Of African Migrants Storm Spanish Exclave of Melilla

SATURDAY, JUN 25, 2022 - 05:45 AM

Eighteen African migrants are dead and 76 injured after a mass storming of the Spanish exclave of Melilla in North Africa.

A Spanish government spokesperson said about 2,000 migrants attempted to cross, and 133 managed to breach the border of the Spanish territory, according to Associated Press. Those who made it through proceeded to a local migrant center where Spanish authorities are evaluating their cases.

Surrounded by Morocco, Melilla is a five-square-mile territory on the eastern side of a rocky peninsula on the Mediterranean Sea. Both Melilla and Ceuta—a similarly-situated Spanish territory—have been subjected to periodic border-storming over the years.

The two autonomous Spanish territories present migrants with the only land borders between Africa and the European Union, making them appealing targets for those who would otherwise have to attempt a Mediterranean crossing.

The 5-square-mile Spanish exclave of Melilla borders Morocco (map via identitejuive.com)

“A large group of sub-Saharans [Africans]...broke through the access gate of the Barrio Chino border checkpoint and entered Melilla by jumping over the roof of the checkpoint,” local Spanish government authorities said in a statement. All of them were reportedly adult men; the stampede began at 6:40 am local time.

The rest of the horde was repelled by the efforts of Spanish Civil Guard police and Moroccan security forces working both sides of the border fence. According to Moroccan authorities, the casualties occurred when migrants attempted to scale the iron fence.

Riot police cordon off an area after African migrants breached the border (AP Photo/Javier Bernardo)

In what Al Jazeera characterized as a "violent, two-hour skirmish," 49 members of the Spanish Civil Guard police were also injured. Spanish Prime Minister Pedro Sanchez said "human trafficking militias" had orchestrated "a well-organized, violent assault."

A Moroccan human rights organization suggested to Reuters that the mass border-breaching attempt was prompted by Morocco's "intense crackdown" on migrants and, specifically, an effort to clear migrant camps in a nearby forest on the day before.

Migrants sprint across Spanish soil after scaling the border fence surrounding Melilla (AP Photo/Javier Bernardo)

In a March onslaught, Spanish police weren't nearly as successful: close to 1,000 migrants breached the border in a stamped said to number more than 3,500.

Though it wasn't the case in this instance, the Moroccan government has previously weaponized its land border with Spain. As Associated Press reports:
Morocco loosened its controls around Ceuta last year, allowing thousands of migrants to cross into Spain. The move was viewed as retaliation for Spain’s decision to allow the leader of Western Sahara’s pro-independence movement to be treated for COVID-19 at a Spanish hospital.
Strained by tensions over the status of Western Sahara, Spanish-Moroccan relations warmed in March when Spain endorsed Morocco's plan to give more autonomy to the region. In 2020, the Trump administration recognized Morocco's claim to sovereignty over Western Sahara as part of a quid pro quo for Morocco's normalization of relations with Israel.

As U.S.-led economic warfare compounds the persistent worldwide effects of Covid-regime impoverishment, we can expect scenes like these to become increasingly common along other frontiers...

Though Zero Hedge isn't able to verify them, footage purporting to show the migrant onslaught has circulated widely on social media:

View: https://twitter.com/i/status/1540277085314465792
2:20 min

View: https://twitter.com/i/status/1540356133415706625
.29 min

View: https://twitter.com/i/status/1540310519512547328
.25 min

View: https://twitter.com/i/status/1540389250218196992
2:20 min

View: https://twitter.com/i/status/1540289913572163585
.18 min
 

marsh

On TB every waking moment
Jun 25, 2022 at 5:19am​
Biblical Famines Unfolding — more gas​
25 June 2022
Mexico

2023-2024 will be something so big nobody alive has experienced something of this magnitude.

Remember —
Famine creates Famine
Famine creates War
Both create Pandemic
War creates Both

All create HOP: Human Osmotic Pressure — the push and pull of migration

Darien Gap is shaping up to become an Amazon river of migration to United States.

You will see that the famine will not get truly intense until at least the second season. The first season of serious famine creates conditions for increased famine. Famine creates famine.

Nobody I have seen on any outlet is predicting the level of PanFaWar that I sense.

Some folks might remember in January/February 2020 I was saying in print and livestreams/interviews that 2019 is dead. We are never going back, and 2021 would be some new condition and never turning back. We are there. And 2023-24 will be epic.

Fortune favors the prepared. We can get through this healthy and well but huge numbers are about to die. Use this time to prepare all aspects of your life. There is no time for vacation. Cancel all that.

We are on the edge of showtime.​
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marsh

On TB every waking moment
Jun 26, 2022 at 5:57am​
UN and others Predicting Severe Famines​
26 June 2022
Mexico

UN estimates 276 million ‘at risk’ on food. I strongly sense UN is understating the famine potential. Associated/concurrent disasters could put a billion in the grave.

By close of 2024, I would not be surprised to see a billion people dead from PanFaWar. Further subtract birthrate reductions that always ride alongside famine, not to mention the other Horsemen. Effects of the death jabs may be lost in the noise.

World population is about to get a haircut.

Mass migrations will be severe.

Systems will be massively wrecked/disrupted.

I do not see a turnaround before 2025. If then. It will be difficult.

My prediction — we are front edge. Some famines begin — seriously begin — over the coming months. Far worse in 2023 and for the entirety of 2023. Likely, 2023 and 2024 will become known as The Great Famine — stampede of the Horsemen. Starving people will wolf crickets by the scoopful.

Prepare now so that we are talking about this after we clear the storm.​

Secretary-General Warns of Unprecedented Global Hunger Crisis, with 276 Million Facing Food Insecurity, Calling for Export Recovery, Debt Relief | Meetings Coverage and Press Releases

Secretary-General Warns of Unprecedented Global Hunger Crisis, with 276 Million Facing Food Insecurity, Calling for Export Recovery, Debt Relief

Following is the text of UN Secretary-General António Guterres’ video message to the ministerial conference titled “Response to the Multiple Challenges to Global Food Security”, in Berlin today:

I thank Germany for convening this meeting, and Chancellor [Olaf] Scholz as a Champion of the Global Crisis Response Group on food, energy and finance.

We face an unprecedented global hunger crisis. The war in Ukraine has compounded problems that have been brewing for years: climate disruption; the COVID-19 pandemic; the deeply unequal recovery. This was already apparent when I visited the Sahel region of Africa last month. Leaders warned me that unless we act now, a dangerous situation could turn into a catastrophe. The Horn of Africa is also suffering its worst drought in decades.

According to the World Food Programme (WFP), in the past two years, the number of severely food‑insecure people around the world has more than doubled to 276 million. There is a real risk that multiple famines will be declared in 2022.

And 2023 could be even worse. The main costs to farmers are fertilizers and energy. Fertilizer prices have risen by more than half in the past year, and energy prices by more than two thirds.

All harvests will be hit, including rice and corn — affecting billions of people across Asia, Africa and the Americas. This year’s food access issues could become next year’s global food shortage. No country will be immune to the social and economic repercussions of such a catastrophe.

Humanitarian support is essential, but it is not enough. Because this is not just a food crisis. It goes beyond food and requires a coordinated multilateral approach, with multidimensional solutions.

First, there can be no effective solution to the global food crisis without reintegrating Ukraine’s food production, as well as the food and fertilizer produced by Russia, into world markets — despite the war. I have been in intense contact with Ukraine, Russian Federation, Turkey, United States, European Union and others on this issue.

The Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), Rebeca Grynspan, and my humanitarian chief, Martin Griffiths, are continuing the talks, aiming to achieve a package deal that will enable Ukraine to export food, not only by land, but through the Black Sea, and will bring Russian food and fertilizer to world markets without restrictions. I will not go into details because public statements could hinder success in the talks that are taking place.

Second, solving the food crisis requires solving the finance crisis in the developing world.

Hundreds of millions of people on the poverty line have been crushed by this crisis — informal workers who are mainly women; small holder farmers; micro and small business owners; people with disabilities.

Developed countries and international financial institutions need to make resources available to help Governments support and invest in their people, leaving no one behind.

Developing countries that face debt default must have access to effective debt relief to keep their economies afloat and their people thriving. Financial institutions must find the flexibility and understanding to get resources where they are needed most. The Food and Agriculture Organization’s (FAO) proposal for a Food Import Financing Facility could help the most exposed countries meet their immediate needs.

Today’s discussions are an opportunity for concrete steps to stabilize global food markets and tackle the volatility of commodity prices. We need strong political and private sector leadership for a coordinated multilateral response. We cannot accept mass hunger and starvation in the twenty-first century. Thank you.
 

marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=u2tLOOt5ch4
45:54 min

Central Bank Digital Currencies | Davos | #WEF22

Jun 26, 2022


World Economic Forum


While rapid decarbonization to reach net zero by 2050 remains an imperative, helping the estimated 3.6 billion people living in vulnerable contexts to adapt to climate change is also an urgent global priority. How can public-private partnerships in areas such as technology, finance, and innovation both create business value and strengthen climate adaptation? The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
 

marsh

On TB every waking moment

"When Not If..." - Monster Of A Recession On Deck

SUNDAY, JUN 26, 2022 - 01:00 PM

While everyone has been transfixed by the unexpected drop in the UMich 5/10 year inflation expectations, which dropped to 3.1% from a preliminary 3.3% print, which means that the alarm signal that prompted the Fed to panic last week and prompted the market to aggressively reprice (lower) the odds of future Fed hikes...



... the report also showed the lowest consumer sentiment reading in the 70-year history of the series, realistically speaking a far more troubling indicator than what a small group of respondents think inflation will be in 10 years (spoiler alert, it will be much higher than they expect).

'

So as Friday's Chart of the Day titled "When not if..." from Deutsche Bank's Jim Reid (excerpted from his latest chartbook, available to professional subs) shows, this is remarkable when the unemployment rate is so low. We have never seen such a divergence between the two series. The full survey shows that inflationary pressures are the main reason confidence is so low.



Eyeballing the chart, while sentiment is clearly more volatile than unemployment, the peaks in sentiment and lows in unemployment tend to broadly coincide. Reid circled the main occasions where sentiment has notably led unemployment and, interestingly, they were all between the late 1960s and the late 1970s when inflation structurally picked up. All of those situations led to a recession and a sharp turn higher in unemployment. Indeed, if sentiment is the leading indicator and if unempolyment is set to soar to 14%, we are about to have a monster recession on out hands.

As Reud concludes, "with unemployment currently so low it might still take a while for a recession to play out it’s almost certainly when not if. I would love to have a more optimistic message to deliver. If you have one please email me as I would be only too happy to be proved wrong and persuaded otherwise. Hopefully my mail box will be so full that I’ll be very bullish on the economy by Monday."
 

marsh

On TB every waking moment

President Biden Asks The Saudis To Bail Him Out

SUNDAY, JUN 26, 2022 - 06:20 AM
Authored by Benjamin Zycher via RealClearEnergy.org,

President Biden will attend the Gulf Cooperation Council meeting in Saudi Arabia next month, with the explicit goal of convincing the GCC — that is, the Saudis — to increase production of crude oil as a tool with which reduce gasoline prices in the U.S. From a recent press conference:
Q: And my question on Saudi Arabia: Why not have the President go there and just not meet with the Crown Prince?
MR. KIRBY: The President is going to Saudi for the GCC — the GCC+3, to be honest. It’s nine states in the region. There’s a big agenda there, Kaitlan, on the Gulf Cooperation Council. It’s counterterrorism. It’s climate change. Certainly, it’s — oil production, obviously, is going to be on the agenda.
OPEC production of crude oil and other liquids is about 34-35 million barrels per day (mmbd), of which Saudi output is about 10 mmbd, out of global production of around 100 mmbd. OPEC surplus production capacity is about 3 mmbd, of which the Saudi share is about 1 mmbd.

Has no one in the administration asked the obvious question, to wit, what a plausible (or even an implausible) increase in GCC/Saudi crude oil output might yield in terms of U.S. gasoline prices? Amazingly, it would appear not, as the answer is surprisingly small in the context of gasoline prices now averaging over $5 per gallon for the U.S. as a whole.



Suppose that Mr. Biden convinces the Gulf producers to increase output by 1 mmbd — that is not going to happen — immediately and permanently; and assume that there is no production cut as a response by other producers internationally. That would represent a global production increase (crude oil and other liquids) of about 1 percent. Under a very conservative assumption about market demand conditions — a demand “elasticity” (that is, “responsiveness”) of 0.1, crude oil prices would fall by about 10 percent, or around $12 per barrel. The effect on gasoline prices assuming no change in refining and distribution costs, taxes, and other relevant parameters: about 20 cents per gallon, an effect not trivial, but obviously insufficient to change the underlying economics and politics of high gasoline prices in the U.S.

Let us make alternative assumptions far more realistic: an increase in GCC/Saudi crude oil output of 250,000 b/d — 0.25 percent of global production — and a market demand elasticity of 0.5. Crude oil prices would fall by a half percent, or about 60 cents per barrel. Assume a larger price impact due to expectations effects and the like: a decline in crude oil prices of $2 per barrel. The effect on gasoline prices: about 3 cents per gallon.

Under any set of plausible assumptions, Mr. Biden’s efforts to schmooze the Gulf producers to increase output are not going to yield the decline in gasoline prices that he seems unthinkingly to be assuming. Have none of the economists in the White House or the Council of Economic Advisers or the Office of Management and Budget or the Department of Energy made this obvious point? Does Susan Rice — the Director of the Domestic Policy Council — understand it?

At some point the administration will be driven to recognize that its policies are responsible for high fuel prices, notwithstanding the short term imperative to blame Vladimir Putin, the oil companies, the failure of Congress to enact spending programs even bigger, supply chain rigidities, COVID, the existence of billionaires not paying their fair shares, and any number of other nostrums emerging as excuses useful for a White House communications operation desperate to navigate the daily news cycle. It is the Biden administration that has made very clear its opposition to investment in fossil fuel reserves and such ancillary capital as pipelines. The effect of this ideological obstructionism is to increase expected future prices, and therefore current prices as well, because an expectation of higher prices in the future creates an incentive to produce less now, so that the expected price path rises at the market rate of interest.

Modern presidents have not been particularly thoughtful, so that their policy initiatives tend to be driven by some combination of their instincts and the quality of the arguments that they receive from their advisers. Neither of those factors can yield optimism with respect to the policy paths likely to be favored by Mr. Biden.
 

marsh

On TB every waking moment

Large Chicken Processing Plant Shuts Down Suddenly amid Soaring Costs, Widespread Shortages

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Frank BergmanJune 26, 20222 Comments
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A large Tennessee chicken processing plant has shut down suddenly, citing soaring costs amid record-high inflation.

George’s Inc., one of the nation’s largest vertically integrated chicken producers, is closing down one of its plants in Campbell County.

The news came as a shock to employees and locals, with around 200 jobs being at risk over the move, WVLT-TV is reporting.

The news comes as America is also facing unprecedented food shortages as the economy teeters on the brink of recession.

Campbell County Mayor E.L Morton told WLVT-TV that he was working to ensure the plant would remain open, so the closure would not hurt employees’ livelihoods.

“I have contacted the Tennessee Economic and Community Development staff to request assistance in keeping the plant open or facilitating a sale to another operator,” Morton said.

“I have requested Governor Lee’s assistance as well.”

“My primary concern is for the welfare of the dedicated workers who have been the backbone of this operation,” Morton said.

“Our prayers go out to them, as well as our very best efforts to keep them employed in Campbell County.”
 

marsh

On TB every waking moment

While at G7, Biden Announces Plan for Massive Vaccine Plant: ‘Hundreds of Millions of Doses Annually’ for Covid-19
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President Joe Biden announced that his administration will pledge $200 billion towards a new Global Infrastructure Partnership that includes major health projects like a massive vaccine plant to produce ‘hundreds of millions’ of doses for Covid-19 and other diseases.

1:53 min

“For all of our people, not just the G-7, all of our people today, we officially launched the partnership for Global Infrastructure and Investment,” he said. “We collectively have dozens of projects already underway around the globe, and I’m proud to announce the United States will mobilize $200 billion in public and private capital over the next five years for that partnership.”

“We’re here today because we’re making this commitment together as a G-7 in coordination with one another to maximize the impact of our work collectively,” he added. “We aim to mobilize nearly 600 billion from the G-7 by 2027.”

“These strategic investments are areas of critical to sustainable development and are shared global stability, health, and health security, digital connectivity, gender equality, and equity, climate, and energy security,” he went on. “Let me give you some examples of the kinds of projects that are underway in each of these areas.”

“First: Health,” he began. “Two years ago, COVID 19. Didn’t need any reminders about how critical investments in healthcare systems were. And health security is both to fight the pandemic and to prepare for the next one, because it will not be the last pandemic we’re under. We have to deal with.”

“That’s why the United States together, the G-7 partners in the world bank are investing in a new industrial scale vaccine manufacturing facility in Senegal,” he said. “When complete we’ll have the potential produce hundreds of millions of doses of vaccine annually for COVID 19 and other diseases.”

The White House announced the partnership’s goals in a ‘fact sheet.’

“At the G7 Leaders’ Summit in Schloss Elmau, Leaders will formally launch the Partnership for Global Infrastructure (PGII)to mobilize hundreds of billions of dollars and deliver quality, sustainable infrastructure that makes a difference in people’s lives around the world, strengthens and diversifies our supply chains, creates new opportunities for American workers and businesses, and advances our national security,” the fact sheet said.

Meanwhile, President Biden is taking flack at home for economic policies that have fueled inflation and led to soaring gas prices. Biden has hit new approval lows according to a CBS poll, and gets his lowest marks for his handling of the economy and inflation: 34% and 29%, respectively.
 

marsh

On TB every waking moment

Joe Biden Slurs Through Speech with G7 Leaders, Says Another Pandemic is on the Horizon (VIDEO)

By Cristina Laila
Published June 26, 2022 at 12:00pm
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Joe Biden and G7 leaders on Sunday delivered remarks and formally launched their global infrastructure partnership.

Biden arrived in Germany Saturday evening to meet with G7 leaders and NATO allies.
Of course he immediately set his sights on a little girl as soon as he deplaned.

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Biden met with G7 leaders in Germany’s Bavarian Alps on Sunday.

Biden slurred through his speech as he warned the world that another pandemic is on the horizon.

“Covid-19 didn’t need any reminders about how critical investments in healthcare systems were and health security is,” Biden said. “Both to fight the pandemic and to prepare for the next one because it will not be the last pandemic we — uh have to deal with,” Biden said struggling through his remarks.

WATCH:

View: https://youtu.be/2peiaxgTOiI
1:13:45 min

Joe Biden made similar remarks last week.

Biden said his administration needs more money because there is going to be another pandemic.

“We need more money. We don’t just need more money for vaccines for children, we need more money to plan for the second pandemic. There’s gonna be another pandemic,” said Biden.
 

marsh

On TB every waking moment

State looks to kill all dissent from approved COVID talking points

But doctor warns it would 'spell the end of scientific integrity and medical freedom'


Bob Unruh
By Bob Unruh
Published June 26, 2022 at 1:54pm

California is threatening to punish any physician who dissents from the approved medical agenda regarding COVID, according to a warning from Aaron Kheriaty, a former professor at the UCI School of Medicine and now a senior scholar at the Brownstone Institute.

He explained in an online commentary that he soon will be testifying at a state Senate committee hearing on the legislature's AB 2098.

It would "give the [state] medical board the authority to punish any physicians who challenge the safety and efficacy of COVID vaccines."

Those, of course, have been blamed for countless serious side effects, such as heart problems in young men who take the experimental shots.

He said the plan is to "enshrine in law" those "scientific" conclusions including those about the shots that are "highly dubious."

For example, he cited the claims that COVID has claimed the lives of 6 million worldwide, and the Centers for Disease Control shows "that unvaccinated individuals are at a risk of dying from COVID-19 that is 11 times greater than those who are fully vaccinated."

Third, there's the claim that the "safety and efficacy" of the shots has been "confirmed through evaluation by the federal Food and Drug Administration…"

He warned that all three assumptions are "demonstrably false."

"The death count figures cited are grossly overestimated by hospitals failing to distinguish dying from covid vs. dying with covid and the financial incentives from the Centers for Medicare and Medicaid Services (CMS) to overestimate covid deaths," he explained. And, "the efficacy of vaccines has declined with time and new variants, so the statistic cited here is no longer true of the vaccines against omicron."

Then, too, "the CDC has consistently failed to follow-up on serious safety signals, apart from myocarditis, and the post-marketing surveillance data acquired from our FOIA request showed serious safety issues in the first three months of vaccine rollout."

The bill, if adopted, would threaten any physician who raises those scientific facts, or "other inconvenient scientific facts."

The bill itself claims, "It shall constitute unprofessional conduct for a physician and surgeon to disseminate misinformation or disinformation related to COVID-19, including false or misleading information regarding the nature and risks of the virus, its prevention and treatment; and the development, safety, and effectiveness of COVID-19 vaccines."

But he explained such a restriction on speech would "spell the end of scientific integrity and medical freedom in California."

In a letter to the committee, he explained:

Advances in science and medicine typically occur when doctors and scientists challenge conventional thinking or settled opinion. This is the very nature of scientific progress. Fixating any current medical consensus as “unchallengeable” by physicians will stifle medical and scientific advances and give undue authority to a few gatekeepers who act as guardians of the consensus. As I testified in January at a U.S. Senate panel on Covid policy: 'The scientific method suffered [during the pandemic] from a repressive academic and social climate of censorship and silencing of competing perspectives. This projected the false appearance of a scientific consensus—a 'consensus' often strongly influenced by economic and political interests.'"

He cited the fact that COVID public health recommendations have changed over and over, sometimes from month to month.

"It was frontline ICU physicians who discovered and spoke out about bad outcomes when patients were prematurely placed on ventilators. This shifted the consensus in the direction of avoiding ventilation as much as possible. Likewise, it was frontline physicians who discovered that placing covid patients face-down in the prone position while they were ventilated could improve outcomes, challenging another consensus. Both of these advances came by way of challenging the way things were currently being done. Other physicians challenged the early consensus, which did not recommend the use of steroids to treat Covid. Eventually, this dissenting opinion gained ground and now represents conventional thinking: corticosteroids for critically ill covid patients are now standard care," he said.

He said the bill not only would end civil liberties and constitutional rights, he would terminate "the scientific enterprise when it comes to dealing with COVID."

Worse, the plan, he told lawmakers, will "harm patients."
 
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marsh

On TB every waking moment

The Global Climate Agenda Suffers a Major Setback — But the Supreme Court Signals Worst is Yet to Come for Biden’s Green Energy Push
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The global climate agenda of transitioning the world to ‘zero emissions’ has taken a serious setback, as five European nations have opted to reject a major emissions goal.

“Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a European Union plan to effectively ban the sale of new petrol and diesel cars from 2035 by five years,” Reuters reported.

“The policy is a key pillar of the EU’s plans to tackle rising transport emissions and speed the shift to electric vehicles, as the bloc strives to cut economy-wide net greenhouse gas emissions 55% by 2030, from 1990 levels,” the report added.

The five European nations’ admitting that the climate goals are not currently feasible is a wake-up call reminiscent of the EU members’ overreliance on Russian gas. After the EU banned Russian gas importants, member nations have been substituting their lost energy with Russian coal.

The EU’s ban on Russian coal is set to take effect in August. However, Germany, Austria and Hungary are opposed to such bans on Russian energy imports, despite the war. These nations argue that banning energy supplies could have a bigger impact on their own economies than on Russia’s economy.

“The original plan was to phase out coal imports within three months,” an EU official told CNBC in April. However, the same official added that “this period had now been extended to four months — bringing the full implementation of the ban to August.”

“There seems to have been an effective German lobby to extend the phase-out period for existing coal contracts to four months,” a second EU official confirmed to CNBC.

The Russian oil and gas bans have disrupted and constricted the global energy markets, adding to the pain at the pump in nations around the world, such as the United States.

As America surged past a $5 national average for a gallon of gasoline, the Biden administration has proposed ethanol as a solution. The Environmental Protection Agency earlier waived a limitation on ethanol in gasoline blends due to its association with leading to more smog at higher temperatures.

But as Biden lauds the potential of ethanol and other biofuels, notably amidst a major surge in food prices, there are official studies that connect ethanol not only to more pollution, but also to higher carbon emissions.

The global environmental agenda is reflective of Western elites inventing a ‘first work problem’ that can be jettisoned at the first sign of trouble. It makes for a ‘holy cause’ that secular progressives can invoke at cocktail parties, before setting off in their gas-guzzling limousines on the way to their private jets.

When the green cause threatens the economic fortunes or political survival of elites, it becomes an easy thing to be jettisoned in favor of a more pragmatic approach. If there’s any real pain or need for sacrifice, the elites betray that they don’t really believe in the green agenda. The ruling class would behave much differently if they believed the fate of the world hung in the balance. It’s just a cynical means to their political ends.

Yet the worst may be yet to come for the Biden climate agenda. The Supreme Court is poised to hand down a decision that could negatively affect the authority of the EPA to regulate the ‘climate.’ That ruling could be handed down as soon as Monday.

In February, a federal judge blocked the Biden administration’s attempt to “put greater emphasis on potential damage from greenhouse gas emissions when creating rules for polluting industries,” the AP reported.

“The judge issued an injunction that bars the Biden administration from using the higher cost estimate, which puts a dollar value on damages caused by every additional ton of greenhouse gases emitted into the atmosphere,” the report added.

A Supreme Court decision reining in the Environmental Protection Agency would be a devastating blow to a Biden regime that has pushed its radical agenda on the American people using bureaucratic fiat. The Supreme Court is signaling a return to Constitution-based “democracy,” where the people and their representatives set the national agenda, rather than authoritarian and corrupt elites.
 

Cacheman

Ultra MAGA!



Biden Pledges to Mitigate Third-World Food Shortages and Consequences of G7 Climate Policy, by Spending $200 Billion to Control Brown People Infrastructure and Communication - The Last Refuge


10-12 minutes


Western leaders, specifically including the G7, have a serious problem. Their collective energy and economic policy, a chase for the climate change and corporate financial agenda, have created the downstream consequences of global food shortages and third-world instability. The non-industrial nations will now, once again, suffer as a direct result of Western ideology and arrogance.

To combat the pesky third-world pitch forks, today Joe Biden announced the U.S. will lead the G7 in a series of advanced spending measures intended to control how the pain inflicted by the industrialized nations will surface to the rest of the world. Western media must not let the suffering of the brown people become visible, lest people start to connect the dots and realize the G7 is an ideologically racist and exploitative enterprise.

To soften the reality of the brown people suffering, the leftist administration of Joe Biden will spend $200 billion to mitigate the damage. There are four aspects:

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(1) To increase dependency and control the third-world population the G7 will finance a vaccine manufacturing facility in Senegal. The breeding of the brown people must be controlled – climate change policy demands it.

(2) To control the optics of the third-world complaining about it, the G7 will mobilize $335 million in private capital to control the communication systems in Africa, Asia, and Latin America. The brown people must not discover the nature of their exploitation; and the citizens within the G7 nations must not find out their government is exploiting the brown people. Wouldn’t look good.

(3) The United States will spend $50 million over five years to support gender equity in the developing world increasing the friction between brown women and brown men, while ignoring cultural differences and forcing the social ideology of the West upon them. And finally….

(4) The G7, fearing third-world instability and anger from the brown people that could disrupt their supply chains, the U.S. and Western nations will now seek to increase their control of mining for mineral deposits needed for G7 batteries – and will fund more railroads and ports to export the critical material to the West more quickly.


[Transcript] WATCH:
RT8:55

[Transcript] – THE PRESIDENT: Thank you very much. Well, good afternoon, folks.

Our nations and our world stand at a genuine inflection point in history. Technology has made our world smaller, more immediate, and more connected. It’s opened up incredible opportunities, but also accelerated challenges that impact on all of us: managing global energy needs, taking on the climate crisis, dealing with the spread of diseases.

And the choices we make now, in my view, are going to set a direction of our world for several generations to come.

These challenges are hard for all of us, even nations with resources of the G7. But developing countries often lack the essential infrastructure to help navigate global shocks, like a pandemic. So they feel the impacts more acutely, and they have a harder time recovering.

In our deeply connected world, that’s not just a humanitarian concern, it’s an economic and a security concern for all of us.

That’s why, one year ago, when this group of leaders met in Cornwall, we made a commitment: The democratic nations of the G7 would step up — step up and provide financing for quality, high-standard, sustainable infrastructure in developing and middle-income countries.

What we’re doing is fundamentally different because it’s grounded on our shared values of all those representing the countries and organizations behind me. It’s built using the global best practices: transparency, partnership, protections for labor and the environment.

We’re offering better options for countries and for people around the world to invest in critical infrastructure that improves the lives — their lives, all of our lives — and delivers real gains for all of our people, not just the G7 — all of our people.

Today, we officially launch the Partnership for Global Infrastructure and Investment. We collectively have dozens of projects already underway around the globe.

And I’m proud to announce the United States will mobilize $200 billion in public and private capital over the next five years for that Partnership.
We’re here today because we’re making this commitment together as a G7 in coordination with one another to maximize the impact of our work.


Collectively, we aim to mobilize nearly $600 billion from the G7 by 2027.

These strategic investments are areas of — critical to sustainable development and to our shared global stability:

health and health security, digital connectivity, gender equality and equity, climate and energy security.

Let me give you some examples of the kinds of projects that are underway in each of these areas.

First, health. Two years ago, COVID-19 — didn’t need any reminders about how critical investments in healthcare systems were and health sec- — and health security is, both to fight the pandemic and to prepare for the next one, because it will not be the last pandemic we under- — we have to deal with.

That’s why the United States, together with the G7 partners and the World Bank, are investing in a new industrial-scale vaccine manufacturing facility in Senegal. When complete, it will have the potential to produce hundreds of millions of doses of vaccines annually for COVID-19 and other diseases.

It’s an investment that will enhance global vaccine supplies as well as improve access and equity for developing countries.

Second, in the digital area. Our economies’ future increasingly depends on people’s ability to connect to secure information and communications technologies. And we need to strengthen the use of trusted technologies so that our online information cannot be used by autocrats to consolidate their power or repress their people.

That’s why the Digital Invest Program is mobilizing $335 million in private capital to supply secure network equipment in Africa, Asia, and Latin America.

And the U.S. government also supported the successful bid by an American company, SubCom, for a $600 million contract to build a global subsea telecommunications cable. This cable will stretch from Southeast Asia, through the Middle East and the Horn of Africa, to Europe.

This will be essential to meeting the growing demand for reliable security, high-tech connectivity in three key regions of the world.

Third, gender. When women and girls have the ability and the opportunity to parcia- — to participate more fully in those societies and economies, we see positive impacts not only in their communities but around the board — across the board.

We have to increase those opportunities, though, for women and girls to thrive, including practical steps to make childcare more accessible and affordable as we continue the vital work to protect and advance women’s fundamental rights.

The United States is committing $50 million over five years to the World Bank’s global Childcare Incentive Fund. This public-private partnership supported by several G7 partners will help countries build infrastructure that makes it easier for women to participate equally — equally — in the labor force.

Fourth and very important, climate and energy. We’re seeing just how critical this is every day. The entire world is feeling the impact of Russia’s brutal war in Ukraine and on our energy markets.

We need worldwide effort to invest in transformative clean energy projects to ensure that critical infrastructure is resilient to changing climate.

Critical materials that are necessary for our clean energy transition, including the production of batteries, need to be developed with high standards for labor and the environment.

Fast and reliable transportation infrastructure, including railroads and ports, is essential to moving inputs for refining and processing and expanding access to clean energy technologies.

For example, the U.S. government just facilitated a new partnership between two American firms and the government of Angola to invest $2 billion in building new solar projects in Angola. It’s a partnership that will help Angola meet its climate goals and energy needs while creating new markets for American technologies and good jobs in Angola and, I suspect, throughout Africa.

And in Romania, the American company, NuScale Power, will build a first-of-its-kind small modular reactor plant.

This will help bring online zero-emission nuclear energy to Europe faster, more cheaply, and more efficiently.

The U.S. government is helping to advance the development of this groundbreaking American technology, which will strengthen Europe’s energy security and create thousands of jobs in Romania and the United States.

These deals are just some of what’s in store. And we’re ready. We’re ready to get to work, together, all of us.

To lead efforts — to lead U.S. efforts, in my case — appointed — I appointed Amos Hochstein, my Special Presidential Coordinator, to deal with the rest of our colleagues. I’ll [He’ll] lead the U.S. whole-of-government approach to drive a coalition and a collaboration with the G7 and our partners around the world, including private sector and multilateral development banks.

I want to be clear: This isn’t aid or charity; it’s an investment that will deliver returns for everyone, including the American people and the people of all our nations. It’ll boost all of our economies, and it’s a chance for us to share our positive vision for the future and let communities around the world see themselves — and see for themselves the concrete benefits of partnering with democracies.

Because when democracies demonstrate what we can do, all that we have to offer, I have no doubt that we’ll win the competition every time.

Thank you. (LINK)

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marsh

On TB every waking moment

Government Intervention Is Fueling Food Shortages
by CD Media StaffJune 26, 202211250
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Image by TaurusEmerald

Many have read that there is a food crisis looming and there are significant concerns about grain shortages. The main reason for this possible crisis is the Ukraine invasion. However, this is not the full picture.

Many countries around the world have a large deficit of cereal, which is essential to feed livestock. The main culprit is rising government intervention, which has made costs soar even in periods of low energy prices and an unsustainable level of restrictions that has made it impossible for farmers to continue planting and producing grain.

In 2020, Ukraine produced 4 percent of the world’s wheat production and Russia 10 percent.

Together they produce almost as much wheat as the entire EU, but the reason is that the EU has made it impossible to produce wheat in an economical way.

According to the European Union website, the main costs (categories of expenditure) in cereal production are seeds, fertilizers, crop protection products, and machinery/infrastructure.

According to the EU report on cereal farms, the EU average total operating cost for cereals was €635 per hectare in 2020. In terms of crops, the EU admits that maize production has higher costs at all levels except for crop protection, which is higher for common wheat production.

Typically, cereal farms in economies with high levels of government intervention were already loss making in 2019, according to the Center for Commercial Agriculture. “Average losses for the typical farms from Argentina, Australia, Indiana, and Kansas were $46, $1, $94 and $16 per acre, respectively during the five-year period ($114, $1, $231, and $39 per hectare, respectively).

German farms had the highest direct cost, operating cost, and overhead cost per hectare ($535, $573, and $506 per hectare, respectively),” As such, German farms were also uneconomical.

While most average farms yielded a loss even in prepandemic periods, the highest economic profit earned was $68 per acre ($167 per hectare) for the typical Russian farm.

The rising cost of production came from increasing administrative burdens, environmental pressures, and rising taxes for farmers in the middle of challenging weather periods, as we have seen throughout Europe. In Europe, farmers have seen rising minimum wages and increasing direct and indirect taxes, on top of soaring energy costs driven by the multiplying cost of CO2 emissions even before oil and natural gas rose due to the war. The average direct and indirect cost has increased even in the periods when inflation in the energy inputs was low. This has made the marginal producers react less quickly to price changes and has caused many farms simply to give up.

In any other circumstance, the partial collapse of supply from Ukraine and Russia would not have a significant impact, as analyst Aaron Smith points out. “How common are market shocks of this magnitude? Russian and Ukrainian wheat exports were 7.3% of global production in 2020. Wheat production declined 6.3% in 2010, in part due to a drought that reduced Russian production by 20 million metric tons. Similarly large declines also occurred in 1991, 1994, 2003, and 2018.” This may prevent a global food crisis, although countries like Egypt, Lebanon, Sudan, and other Middle Eastern and North African countries may have a very difficult time, as between 60 and 90 percent of their wheat supply comes from Ukraine and Russia.

We cannot forget that the “Arab Spring” protests at the end of 2010 came after the unbearable rise in food prices. The risk of a similar situation now is not small.

Governments around the world should have learned from these previous experiences and eased the administrative and tax burdens on farming to allow the market to provide flexibility in times of concern about the supply from one or two nations. Instead, we have seen more rigidity, taxes, and higher restrictions that have limited the possibility of easing supply chain issues.

Excessive regulation and cost-driven government nudging have limited farmers’ ability to successfully face external challenges. Raising the biofuel mandate, which requires that a minimum 10 percent of all US gasoline come from corn ethanol, when millions may face food shortages is one of those illogical decisions.

Neither the Ukraine war nor tough weather changes would cause a global food shortage in a normal environment of free trade and ease of doing business. If there is a risk of food shortage, it comes from years of limiting the farmers’ possibilities and continuously raising their production costs with unnecessary direct and hidden taxes.
 

marsh

On TB every waking moment

Retailers Preparing for Recessionary Drop in Spending, Many Outlets Will Not Survive…

June 25, 2022 | sundance | 271 Comments

All things considered, a remarkably honest article from CNBC outlines the likelihood for a wave of retail bankruptcies. In part the issue is driven by COVID bailout and stimulus funds that inflated the balance sheets and hid the natural contraction that was taking place in the last half of 2021 through today. However, bar far the biggest issue is a contraction in current consumer spending due to severe cost increases in housing, food, fuel and energy.

Jamie-Dimon-Joe-Biden-Economy-1.jpg


As we have discussed at length, consumer spending patterns shifted radically in the last year.

Despite the 2021 third and fourth quarter giving the artificial impression of strong demand, inventories were climbing and productivity in the manufacturing and services dropped dramatically. In combination these two data points both indicated a contraction in demand.

The first quarter of 2022 showed a -1.5% overall GDP. The second quarter ends next week, and the government data will be released in the last week of July. I predict that Q2 data will be heavily manipulated in two ways: (1) manipulation of import data via the Ports of Long Beach and Los Angeles; and (2) the intentional use of a lower inflation rate than currently exists in all goods. My best guess on the fake BEA numbers is a +0.2 to +0.5% positive GDP, thereby barely avoiding the technical definition of a recession.

That said, the CNBC article outlines a very bad scenario for retailers, as the consumer spending contraction hits their profit and loss statements.

(CNBC) – […] There could be an increase in distressed retailers beginning later this year, experts say, as ballooning prices dent demand for certain goods, stores contend with bloated inventory levels and a potential recession looms.

[…] The latest retail sales data shows where consumers are pulling back the most. Advance retail and food service spending fell 0.3% in May versus the prior month, the Commerce Department reported last week. Furniture and home furnishings retailers, electronics and appliances stores, and health- and personal-care chains all saw month-over-month declines.

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“Consumers aren’t just buying less stuff, they are shopping less, which means a loss of the impulse-shopping moments that are critical to retail growth,” said Marshal Cohen, chief retail industry advisor at NPD Group, a market research firm.

In the first three months of 2022, consumers bought 6% fewer items at retail than they did in the first quarter of 2021, NPD Group said in a survey issued in late May. More than 8 in 10 U.S consumers said they planned to make further changes to pull back on their spending in the next three to six months, it said.

[…] Rising inventory levels are also on bankruptcy advisors’ radar because they have the potential to lead to much bigger problems. Retailers from Gap to Abercrombie & Fitch to Kohl’s have said in recent weeks that they have too much stuff after shipments arrived late and consumers abruptly changed what they were shopping for.

Target said earlier this month that it’s planning markdowns and canceling some orders to try to get rid of unwanted merchandise. As other retailers follow suit, profits are going to contract in the near term, said Joseph Malfitano, founder of turnaround and restructuring firm Malfitano Partners.

And when a retailer’s profit margins shrink as its inventories are reappraised — a routine practice in the industry — those inventories won’t be worth as much, Malfitano explained. A company’s borrowing base could fall as a result, he said.

“Some retailers have been able to cancel orders to not create more of a bubble on inventory. But a lot of retailers can’t cancel those orders,” Malfitano said. “So if the retailers that can’t cancel orders don’t knock it out of the park during the holiday season, their margins are going to go way down.” (read more)


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Economy-Inflation-Energy-Gas-Oil-Supply-Chains.jpg
 

marsh

On TB every waking moment

China Humiliates Biden Diplomats to Their Faces As They Come Unglued Over SCOTUS Abortion Ruling
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The Chinese Communist Party humiliated the Biden administration on Friday by failing to show up for a high-profile diplomatic summit at the United Nations in New York.

“The Chinese government’s failure to show up at today’s food security ministerial at the United Nations in New York is disappointing, but sadly not surprising,” a Biden administration official told Fox News. “Last year China gave the World Food Program less than 1/1000th what the United States did. This year the UN has not cataloged a single humanitarian contribution from China, after a paltry $9.2 million last year.”

Meanwhile, top Biden diplomats ignored the irony of the United States being among only a handful of nations in the world, including North Korea and China, to have allowed abortion-on-demand and blasted the recent Supreme Court decision overturning Roe v. Wade.

Secretary of State Antony Blinken called the SCOTUS ruling “disappointing, but sadly not surprising.” Linda Thomas-Greenfield, the U.S. ambassador to the United Nations, went even further in her criticism.

“The Supreme Court has taken away the established, fundamental, constitutional right to abortion from millions of Americans. This is a cruel, dark and dangerous decision,” Thomas-Greenfield said. “What makes this decision so heartbreaking is that Americans had a clear and unequivocal constitutional right stripped away.”

“Roe v. Wade not only protected the right to privacy, it also reaffirmed basic principles of gender equality. … I have traveled the globe advocating for women’s rights. Now, this decision renders my own country an outlier among developed nations in the world.”


But she has it exactly backwards: The United States had some of the most relaxed abortion laws in the world and the Supreme Court has rectified that situation by recognizing the authority lies with the states.

Nile Gardiner, director of the Margaret Thatcher Center for Freedom at the Heritage Foundation in Washington, told Fox News Digital that he disagreed with the Biden officials’ inappropriate virtue-signaling.

“It is an absolute disgrace for U.S. officials to be apologizing on the world stage for decisions taken by the U.S Supreme Court,” Gardner said. “[It’s] a demonstration of a complete lack of respect for the rule of law in America and a sneering disregard for democracy in America.”

The Chinese’s diplomatic insult is consistent with the Biden administration’s submissive behavior towards the communist country. In July 2021, it was revealed that Chinese hackers were behind a damaging hack that impacted over 30,000 U.S. organizations and even local governments.

“Your administration is naming and shaming China, but no sanctions,” a reporter asked. “Why? And is that effective enough?”

“They are still determining what happened,” Biden said. “The investigation is not finished.”

This is precisely how the White House handled the Chinese origins of Covid-19. The Biden administration refused to condemn China for its deadly delay informing the world about the Covid-19 pandemic, which even the WHO chief now believes was the result of a lab leak at Wuhan. The Biden administration also decided to send U.S. athletes to Beijing for the Olympics, settling only on a tributary diplomatic boycott. When it comes to implementing new tariffs on China, Biden recently said, awkwardly, “we’re in the process of” making up his mind.

Even worse, the Department of Justice has signaled that it will sue states acting upon the Supreme Court’s decision and will work to undermine states’ enforcement of anti-abortion laws.

This is how authoritarian regimes around the world treat the rule of law — with dismissiveness and contempt.
 

marsh

On TB every waking moment

Why Are so Many Strange Pestilences Starting to Spread All Over the Western World?
by Michael Snyder

June 26, 2022

in Opinions

Pestilence

Why are so many dangerous diseases suddenly popping up all over the place? In this article I am going to tell you about three new outbreaks that I have never written about before, and the fourth one that I am going to discuss has only been around for less than two months.

For a long time I have been warning that we were entering a new era of great pestilences, but that really didn’t come to fruition until this year. Throughout 2020 and 2021 the world was fixated on one particular virus, but now strange new pestilences are erupting quite frequently.

Can anyone out there explain why this is happening?

This week, health officials in the U.S. revealed that we are now facing “one of the worst outbreaks of meningococcal disease” in the history of our country. The following comes from CBS News
Health officials on Wednesday recommended that men in Florida who have sex with other men get a meningococcal vaccine following what the Centers for Disease Control and Prevention called “one of the worst outbreaks of meningococcal disease among gay and bisexual men in U.S. history.”
The CDC said in a statement that there have been at least 24 cases and seven deaths among gay and bisexual men caused by the bacteria in Florida recently. The CDC also recommended that gay and bisexual men traveling to Florida should ask their health care provider about getting the vaccine.
Seven deaths in just 24 cases is a very high death rate.
Hopefully health officials will be successful in containing this outbreak, because this is a really nasty bug that you definitely do not want to get
Meningococcal disease is caused by a bacteria, and when the linings of the brain and spinal cord become infected, it is called meningitis.

Meningococcal disease usually presents as an infection of meningitis or a bloodstream infection about three to seven days after exposure, the CDC said. Both are serious and can be deadly.
Meanwhile, polio has actually been detected in the United Kingdom
For the first time in nearly 40 years, health officials in the U.K. have identified a likely outbreak of polio in London.

So far, there have been no cases of polio detected directly in the U.K. But instead, scientists have discovered the outbreak through an indirect route. They’ve found multiple versions of the virus in sewage water, the U.K. Health Security Agency said Wednesday in a press release.
This wasn’t supposed to happen.

The last confirmed case of polio in the United Kingdom was in 1984.

Authorities theorize that it is now appearing in sewage water because “an infected person brought the virus into London and then spread it to others who weren’t immunized”…
People infected with polio, or who have been vaccinated with a live version of the virus, shed traces of the virus in their stool – which eventually end up in sewage wastewater. So the current hypothesis is that an infected person brought the virus into London and then spread it to others who weren’t immunized.
On a different note, a man in Austria has developed a case of “super gonorrhoea” after having sex with a prostitute in Cambodia
Super gonorrhoea poses a ‘major global threat’, scientists have warned in the wake of an Austrian man catching a drug-resistant version of the STI.

The unidentified man, in his 50s, became infected after having unprotected sex with a prostitute while on holiday in Cambodia in April.
A normal case of gonorrhea would not be newsworthy, because there are millions of those each year.

The reason why this new case is important is because it is a new super strain that “could effectively render gonorrhoea untreatable”
Doctors called his strain ‘extensively drug resistant’ and different to ones seen before.
They warned it could effectively render gonorrhoea untreatable, if it was allowed to spread.
Lastly, I wanted to give an update on the monkeypox outbreak.

On Thursday, the total number of confirmed cases in the United States rose to 156
MONKEYPOX cases continue to rise in the US with 14 new infections detected, data from the Center for Disease Control and Prevention shows.

The latest update by the CDC on Thursday brings the nation’s total cases to 156, only a month since the first US case was detected.
Overall, monkeypox has now spread to 59 different countries, and there are 3,635 confirmed cases.

If what we were dealing with was normal monkeypox, I wouldn’t really be too alarmed.
However, scientists are telling us that this is a “hyper-mutated” strain, and officials here in the U.S. are warning that “unusual symptoms” are being reported by many victims…
Scientists have warned of unusual symptoms in US patients that were not previously associated with the virus.

Some patients reported pain in or around the anus and rectum, rectal bleeding, proctitis (painful inflammation of the rectum lining), or the feeling of needing a bowel movement even though the bowels are empty.
Of course it is entirely possible that those symptoms are being caused by something other than monkeypox.

New York has been one of the hotspots for this outbreak, and authorities in New York City have decided to start offering vaccination to “at-risk groups”
New York City began offering vaccination against monkeypox to at-risk groups on Thursday, as authorities scramble to contain a global outbreak.

But demand was so high, within hours of launching the program the city had to cut off walk-in appointments, and scheduled visits were already booked through early next week.
If there is this much hysteria in the U.S. with only 156 confirmed cases, what will things be like if the number of confirmed cases rises to 10,000 or 100,000?

The word “lemmings” comes to mind when I hear about this sort of panic.

At this point, there is no reason to panic over any of these outbreaks.

But of course it is inevitable that eventually there will be pestilences that will make everything that we have been through so far look like a cakewalk.

So we will keep watching, because the next deadly plague that kills millions of people could be just around the corner.
 

marsh

On TB every waking moment
Averting the Control Grid: We Have to Recognize Who's Building the Digital Concentration Camps 1:56 min

Averting the Control Grid: We Have to Recognize Who's Building the Digital Concentration Camps
Red Voice Media Published June 26, 2022

Catherine Austin Fitts: "Forget about mandates. If they have a digital transaction control grid, they can mandate a vaccine a week if they want to. And you can't get food unless you go along with it."

"If you look at who's building their digital concentration camps for them, we are! We're building the digital concentration camp. We have the power to stop."

Source: Digital Central Control - Catherine Austin Fitts, Financial Rebellion

^^^^
Full episode: ‘Financial Rebellion’ Episode 27: How to Expose Financial Information from US State + Local Govt, Charities + Mortgage Lenders - ‘Financial Rebellion’ With Catherine Austin Fitts - CHD TV: Livestreaming Video & Audio
52:28 min

UNE 23, 2022‘FINANCIAL REBELLION’ WITH CATHERINE AUSTIN FITTS
‘Financial Rebellion’ Episode 27: How to Expose Financial Information from US State + Local Govt, Charities + Mortgage Lenders


Ever wonder how organizations, such as charities and local governments, receive and use their money? In this episode of “Financial Rebellion,” viewers hear a simple explanation on accessing this important information and are encouraged to make better decisions about finances and entrainment in their lives. This is a critical episode!

The Solari Report - The Global Landscape on Vaccine ID Passports Part 4: BLOCKCHAINED: https://home.solari.com/the-global-landscape-on-vaccine-id-passports-part-4-blockchained/
EMMA System: Municipal Securities Rulemaking Board::EMMA
PEW - Public Sector Retirement Systems: Public Sector Retirement Systems
Reporters Committee For Freedom Of The Press - Open Government Guide: Open Government Guide | Reporters Committee For Freedom of the Press
National Freedom of Information Coalition - Sample FOIA Request Letters: Sample FOIA Request Letters – National Freedom of Information Coalition
How to Submit an Open Records Request: How to Submit an Open Records Request
IRS - Exempt Organization Public Disclosure and Availability Requirements: https://www.irs.gov/charities-non-p...blic-disclosure-and-availability-requirements
Tax Exempt Organization Search: https://www.irs.gov/charities-non-profits/tax-exempt-organization-search
GuideStar - Up-To-Date Nonprofit Data and Information: https://www.guidestar.org/
ProPublica - Nonprofit Explorer: https://projects.propublica.org/nonprofits/
Urban Institute - National Center for Charitable Statistics data: https://www.urban.org/tags/national-center-charitable-statistics-data
Sample Qualified Written Request Under RESPA for Use by Consumers: https://library.nclc.org/sites/default/files/Fore_Appx_I-2-1.pdf
WHO - Contributors: https://www.who.int/about/funding/contributors
WHO - Donors:
WHO - Financial Flow: http://open.who.int/2020-21/regions/WPR/flow
GAVI - Donor Profiles: https://www.gavi.org/investing-gavi/funding/donor-profiles
 

marsh

On TB every waking moment
How the Great Reset made its way from conspiracy theory into Trudeau's briefing notes 7:09 min

How the Great Reset made its way from conspiracy theory into Trudeau's briefing notes
Rebel News Published June 26, 2022

On Friday's episode of The Ezra Levant Show, Ezra discussed the World Economic Forum's plans "to reflect, reimagine, and reset our world." While critics of the plans have been dismissed as conspiracy theorists, world leaders and the media alike have been echoing the same language about rebuilding the world.
► FULL EPISODE (subscribers only): Is the Great Reset really a conspiracy theory? I’ll show you 34 pages of briefing notes about it written for Trudeau
 

marsh

On TB every waking moment
.58 min

Trudeau on reducing dependence on oil and gas (and the G7 meeting)
The Post Millennial Clips Published June 25, 2022

Trudeau: “Canada’s position continues to be this is a terrible situation caused by Russia, and we need to take it to intensify our efforts to not just reduce our reliance on Russian oil and gas, but on oil and gas in general.”
 

marsh

On TB every waking moment
We Have the Evidence to Lock Them Up: What We Need Now Is More Pissed Off, Angry Americans 2:01 min

We Have the Evidence to Lock Them Up: What We Need Now Is More Pissed Off, Angry Americans
The Vigilant Fox Published June 25, 2022

Thomas Renz: "There's no question that this is an egregious and horrible violation of many laws. The issue is not that. The issue is, I've got to get enough people moving so I can do something about it."

"If we had enough people awake to the truth, we would be a vast majority. Vast majority!"

Full Video: Exposing Crimes Against Humanity and the Globalist Agenda: Attorney Thomas Renz [VIDEO INTERVIEW]
 

marsh

On TB every waking moment

Merrick Garland launches legal insurrection against the United States…

June 24, 2022 (2d ago)

Ladies and gentleman, we regret to inform you that Merrick Garland is at it again. His office just took two actions in two consecutive days that constitute a tacit legal insurrection against the United States of America.

Just yesterday, in an unprecedented move, our intrepid United States Attorney General’s office released a statement saying that the DOJ “disagrees” with the Court’s ruling securing Second Amendment concealed carry rights.
Justice Department Statement on Supreme Court Ruling on New York State Rifle & Pistol Association Inc. v. Bruen
The Department of Justice today released the following statement from spokeswoman Dena Iverson following the Supreme Court’s decision in New York State Rifle & Pistol Association Inc., et al. v. Bruen, Superintendent of New York State Police, et al.:
“We respectfully disagree with the Court’s conclusion that the Second Amendment forbids New York’s reasonable requirement that individuals seeking to carry a concealed handgun must show that they need to do so for self-defense. The Department of Justice remains committed to saving innocent lives by enforcing and defending federal firearms laws, partnering with state, local and tribal authorities and using all legally available tools to tackle the epidemic of gun violence plaguing our communities.”
Then, today, Old Man Merrick took things one step further. The DOJ issued yet another statement “disagreeing” with the Supreme Court, this time on their ruling against a Constitutional “right” to abortion. But this time, Merrick Garland personally issued the statement himself, which makes this escalation that much more dangerous to our Republic.
Attorney General Merrick B. Garland Statement on Supreme Court Ruling in Dobbs v. Jackson Women’s Health Organization
Attorney General Merrick B. Garland today released the following statement following the Supreme Court’s decision in Dobbs, State Health Officer of the Mississippi Department of Health, et al. v. Jackson Women’s Health Organization et al.:

“Today, the Supreme Court overturned Roe v. Wade and Planned Parenthood v. Casey and held that the right to abortion is no longer protected by the Constitution.

“The Supreme Court has eliminated an established right that has been an essential component of women’s liberty for half a century – a right that has safeguarded women’s ability to participate fully and equally in society. And in renouncing this fundamental right, which it had repeatedly recognized and reaffirmed, the Court has upended the doctrine of stare decisis, a key pillar of the rule of law.

“The Justice Department strongly disagrees with the Court’s decision. This decision deals a devastating blow to reproductive freedom in the United States. It will have an immediate and irreversible impact on the lives of people across the country.

And it will be greatly disproportionate in its effect – with the greatest burdens felt by people of color and those of limited financial means.
***

“But today’s decision does not eliminate the ability of states to keep abortion legal within their borders. And the Constitution continues to restrict states’ authority to ban reproductive services provided outside their borders.

“We recognize that traveling to obtain reproductive care may not be feasible in many circumstances. But under bedrock constitutional principles, women who reside in states that have banned access to comprehensive reproductive care must remain free to seek that care in states where it is legal. Moreover, under fundamental First Amendment principles, individuals must remain free to inform and counsel each other about the reproductive care that is available in other states.

“Advocates with different views on this issue have the right to, and will, voice their opinions. Peacefully expressing a view is protected by the First Amendment. But we must be clear that violence and threats of violence are not. The Justice Department will not tolerate such acts.
***

“The Justice Department will work tirelessly to protect and advance reproductive freedom.

“Under the Freedom of Access to Clinic Entrances Act, the Department will continue to protect healthcare providers and individuals seeking reproductive health services in states where those services remain legal. This law prohibits anyone from obstructing access to reproductive health services through violence, threats of violence, or property damage.

“The Department strongly supports efforts by Congress to codify Americans’ reproductive rights, which it retains the authority to do. We also support other legislative efforts to ensure access to comprehensive reproductive services.

“And we stand ready to work with other arms of the federal government that seek to use their lawful authorities to protect and preserve access to reproductive care. In particular, the FDA has approved the use of the medication Mifepristone. States may not ban Mifepristone based on disagreement with the FDA’s expert judgment about its safety and efficacy.

“Furthermore, federal agencies may continue to provide reproductive health services to the extent authorized by federal law. And federal employees who carry out their duties by providing such services must be allowed to do so free from the threat of liability. It is the Department’s longstanding position that States generally may not impose criminal or civil liability on federal employees who perform their duties in a manner authorized by federal law. Additionally, the Department’s Office of Legal Counsel has determined that federal employees engaging in such conduct would not violate the Assimilative Crimes Act and could not be prosecuted by the federal government under that law. The Justice Department is prepared to assist agencies in resolving any questions about the scope of their authority to provide reproductive care.
***

“The ability to decide one’s own future is a fundamental American value, and few decisions are more significant and personal than the choice of whether and when to have children.

“Few rights are more central to individual freedom than the right to control one’s own body.
“The Justice Department will use every tool at our disposal to protect reproductive freedom. And we will not waver from this Department’s founding responsibility to protect the civil rights of all Americans.”
Of course, the DOJ has commented many times before that they are “disappointed” in a ruling, which is perfectly legitimate. However, to say the department “disagrees” with the ruling indicates that they will ignore and refuse to enforce the court’s ruling, which, to paraphrase the Democrats, is “extremely dangerous to our democracy.”

Keep your eye out for if the blue states ignore or refuse to implement the Supreme Court’s ruling on concealed carry weapons.

When the Democrats said for years that President Trump was “dangerous to our democracy,” it appears they were only projecting. Merrick Garland has just tacitly declared war on the Supreme Court…
 

marsh

On TB every waking moment

Central to the Globalists’ Plan: Fiat Money Needed to Hide Great Reset Costs
Free West Media
June 26, 2022

Fiat Currency

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The failure to put the financial system on a solid footing after the financial crisis in 2008, the pandemic and sanctions due to the Ukraine war, have ensured that the cards are finally being reshuffled.

At a conference held this weekend in Vienna, which was attended by economic experts, the shortcomings of the Western monetary system and the Great Reset was discussed at length.

This is a neo-Marxist ideology, as Thorsten Polleit made clear in his lecture. The first two speakers, Keith Weiner and Thorsten Polleit, dealt with the monetary system and the role of central banks, which Polleit describes as “an ingredient in the Marxist witch’s brew”. He sees a severe recession coming.

The first presentation was given by economist Keith Weiner, a leading authority on gold, money and credit and President of the Gold Standard Institute USA. He is a fervent advocate of rational monetary policy and addressed the ever-worsening inflation of energy and food. Central banks are under increasing pressure to take action, i.e. raise interest rates. The Fed has already started to do this, and the ECB has at least announced an initial rate hike. Because if interest rates are not raised, the political mood could soon change, according to Weiner.

Citizens are not happy about energy prices and when people can no longer put food on the table, the situation could finally escalate.

The second speaker, Thorsten Polleit, has been an honorary professor of economics at the University of Bayreuth since 2014 and has been chief economist at Degussa since April 2012. He focuses on money and capital market theory and the Austrian School of Economics and is the author of numerous articles and books.

Central banks: An ingredient from the Marxist witches’ brew
According to Polleit, behind climate change and the lockdowns during the Corona crisis was an attempt to finally smash capitalism or what is left of it. The central banks have become more and more powerful almost unnoticed in recent years and determine which government is to be removed or not. The central banks are also able to control whether and which companies receive loans. This corresponds directly to the centralization of credit according to Karl Marx.

Therefore, for the economist Polleit, central banks are the main driver of the current economic mess.

He emphasized that the representatives of the Viennese school, such as Ludwig von Mises or Friedrich von Hayek, already foresaw this. For example, Hayek wrote of the central bank monopoly on money: “There is less reason than ever to hope that states will become more trustworthy as long as the people have no choice but to use the money that the state makes available to them.”

Fiat money [money printing, ed.] is inflationary, Polleit maintained. So it loses its purchasing power because it can be increased simply by printing money. It favors the few at the expense of the many. This unequal distribution is called the Cantillon effect.

The redistribution is particularly nefarious, because the state benefits from inflationary money as it is able to pay its debts more easily. On the other hand, fiat money causes the market interest rate to fall artificially. This in turn leads to society living beyond its means and becoming over-indebted.

Fiat money thus inevitably leads to a debt economy in which debt increases faster than income. The result: global debt has grown to a total of $350 trillion by 2021, according to Polleit. The money supply has been increased by 43 percent in recent years by the US central bank, the Fed, and by 20 percent by the European Central Bank, the ECB. The euro has therefore lost around 40 percent of its purchasing power over the past five years.

A system of economic dependence: Fiat Money
Supply bottlenecks, lockdowns and the war in Ukraine have caused a shortage . The “negative price shock” now meets a money supply hangover. Because this expansion of the money supply by the central banks has been leading to extreme inflation. According to the economist Polleit, the fiat money system is a unit made up of different actors. And these actors have an interest in the economic dependence of companies and the population. The majority is made dependent on what Polleit calls “collective corruption”. This is an existential interest for banks and the financial sector. Because they are known to print new money out of thin air.

In order to prevent the system from collapsing, trade bans are imposed or interest rates are manipulated. People are now noticing the rising prices of consumer goods. Terms such as “green inflation” are intended to hide who the actual scapegoats are. Because supply chain problems, greedy entrepreneurs or “Putin’s war” are not responsible for this, but solely the central banks.

When inflation rises, confidence falls
High inflation lowers confidence, Polleit explained. Central banks are therefore raising interest rates to maintain confidence in hiding the swindle. When hyperinflation occurs, as happened in Argentina, Brazil and Ukraine, for example, fiat money is destroyed. High inflation, on the other hand, can be used for years (5-15 percent per year), which Polleit has shown using the example of Turkey since 2008. The higher money supply led to sharply increased prices for goods.

Inflation has fluctuated between 10 and 24 percent over the years and is now over 70 percent.

We are facing a serious crisis
The world is currently on the way to a particularly serious crisis. The “Western redistribution democracies, as Polleit calls them, are particularly badly affected. He considers a future hyperinflation similar to that in Weimar in 1922 quite possible. As a result, the unemployment rate rose from 2,8 percent in just a few months to 19 percent and then to over 28 percent.

Today’s markets are not free due to regulations, laws and also the high taxes, according to Polleit. People are controlled centrally via central bank money. This is a kind of collectivism. That is exactly the Great Reset and the great transformation that Klaus Schwab has in mind.

According to Polleit, these are neo-Marxist ideologies and the fiat money is necessary for this agenda to hide the costs of this total social restructuring. To do this, the free market must be restricted more and more, ultimately ending in a command economy. A “Chinafication” is taking place, he said.

The worst recession of the post-war period is imminent
For the time being, Polleit fears that the situation will deteriorate and, due to the anti-capitalist mood in politics, anticipates the worst recession of the post-war period. Because interest rates will not be increased massively, purchasing power has nevertheless fallen by 40 percent, which means that savings are also shrinking. For Polleit, therefore, the end of the Fiat system has begun and the euro zone will be the big loser.

State money monopoly must be overcome
Politics will not be able to solve the problem, but only a free market for money. Inflation is the result of misguided policies. A change of mindset is needed, said Polleit. The “collective corruption” must be overcome because fiat money is a “horror without end” and will not abolish itself. The state money monopoly must be actively stopped.

Reflecting on ideas that have been neglected so far could help find a solution in the future, Polleit said. Thankfully, the term “fiat money” has now become a mainstream notion, and such a positive development can no longer be stopped. If a new and well-functioning system were to be established in a country, this could lead to a chain reaction, he opined.

Image by 2211438 from Pixabay. Article cross-posted from Free West Media.
 

marsh

On TB every waking moment


Wind turbines near a coal-fired power plant are pictured near Hamm, western Germany, on June 8, 2022. (INA FASSBENDER/AFP via Getty Images)
Wind turbines near a coal-fired power plant are pictured near Hamm, western Germany, on June 8, 2022. (INA FASSBENDER/AFP via Getty Images)
ECONOMIC POLICIES
Why Biden’s Green Energy Policy Will ‘End in Tears’
The lessons for America from Germany’s ‘Energiewende’
By Kevin Stocklin

June 26, 2022 Updated: June 26, 2022

News Analysis
American Founding Father Benjamin Franklin once said that “experience is an expensive school but fools will learn in no other.” Germany’s green energy policy, launched in the year 2000, could have been a cheap lesson for America today.

The Biden administration has chosen to follow Germany, providing heavy subsidies for wind and solar, while suppressing industries that could reliably meet America’s energy needs and even reduce its carbon footprint. In January, the administration announced that it had “pulled every lever to position America to scale up clean energy … the Biden-Harris Administration has readied offshore areas to harness power from wind, approved new solar projects on public lands, and passed the Bipartisan Infrastructure Law to build thousands of miles of transmission lines that deliver clean energy.”

On June 6, the Biden Administration invoked the Defense Production Act to increase the production of green energy and to replace the use of fossil fuels. While the legality of this move is questionable, it established the U.S. government as a major controlling party in America’s heretofore private energy industry. But like most grand government adventures into industrial policy, the push for renewables is already revealing itself to be enormously wasteful and counterproductive.

Twenty-two years ago, Germany stepped into the forefront of the green energy movement, implementing its “Energiewende,” an ambitious program of subsidies for solar panels and wind turbines, coupled with a reduction in coal, oil, and natural gas. After the 2011 nuclear disaster in Fukushima, Japan, Germany decided to also close its nuclear plants.

In 2000, less than 7 percent of Germany’s electricity came from so-called renewables. By 2021, that share exceeded 40 percent of the country’s electricity generation and about 20 percent of its total energy consumption, including electric vehicles (EVs).

By the end of 2021, before the Ukraine war drove prices even higher, German households paid 32 cents per kilowatt-hour for electricity. The rate in France, which kept its nuclear industry intact, was 23 cents. Americans paid an average price of 11 cents for electricity at that time—about a third of what Germans paid. Twenty percent of Germans’ electric bills went to a “renewables surcharge” to subsidize wind and solar.

Germany had spent heavily to increase its renewable energy capacity, but in the case of wind and solar, capacity never delivered the promised output. According to a 2020 report from the Institute for Electrical and Electronics Engineers (IEEE), Germany’s electricity output in 2000 was 54 percent of its total capacity, also known as the “capacity factor.” Unused capacity is the norm for power grids because the demand for electricity varies significantly depending on the time of day, the season, and the weather. By 2019, however, while Germany’s total electricity capacity had risen dramatically thanks to a sharp increase in renewables, its capacity factor had fallen to just 20 percent, largely because wind and solar generators were less productive than fossil fuels or nuclear.

The capacity factor for solar energy was just 10 percent because much of the country is often overcast. Wind energy was also producing well below capacity because wind turbines produced no energy on calm days and had to shut down on particularly gusty days to prevent turbine blades from being damaged. Even within those limits, the amount of energy produced by wind turbines was hugely variable depending on how hard the wind was blowing.

“It costs Germany a great deal to maintain such an excess of installed power,” the IEEE report stated. “The average cost of electricity for German households has doubled since 2000.”

A major problem with wind and solar is not only that they are unreliable, but also that they tend to generate the most power when people need it least. The peak seasons for wind generation tend to be fall and spring, but the peak demand for energy occurs in summer and winter when people need to heat or cool homes and offices.

An electricity grid must manage huge variability in demand. It must have enough capacity to cover peak demand, for example during the hottest hours of summer, but also have the flexibility to reduce power during early morning hours or springtime days when demand falls considerably. Because renewables are unpredictable in terms of how much energy they will produce, and when, they add substantial variability to the supply side of the equation as well.

Epoch Times Photo
Wind turbines in Papalote, Texas, on June 15, 2021. (Brandon Bell/Getty Images)

“The whole idea that you would take something as complicated as an electric system, one of the most complicated things people have invented to date, and choose what to put on that system and how to run it by a popularity contest, to me that’s nuts and it’s going to end in tears,” Peter Hartley, Professor of Energy Economics at Rice University, told The Epoch Times. “Trying to run that system with politics is not a very smart thing to do.”

Germany’s energy sector had a difficult year in 2021 because the winds were calm. Even as demand surged, wind output fell by a quarter in 2021. The capacity factor for solar also fell because it was not a particularly sunny year.

After a sharp drop in 2020 due to the COVID-19 pandemic, Germany’s CO2 emissions increased by 31 million tons in 2021. A significant portion of this increase was due to the failure of renewables to produce, which forced Germany to lean more heavily on fossil fuels, including coal, to keep its electric grid going. And while shutting down its own nuclear plants, Germany also bought nuclear-generated electricity from France.

The surplus periods for wind and solar brought problems as well. When the weather cooperates and wind and solar produce at peak capacity, they often generate more power than consumers want. This leaves power companies with the choice of either trying to store excess energy, which is technologically problematic, or trying to offload it at deep discounts. This left Germany in a position of importing energy when prices were high and attempting to dump excess energy on a saturated market when prices were low.

The same thing happens in the United States. In Texas, for example, wind farms have been known to even pay grid operators to take their excess output. America’s wind farms receive government subsidies based on the amount of power they sell to utilities. This means that they can pay grid operators to take their excess energy and still make a profit as long as the amount they pay is less than what the government pays them in subsidies.

This market distortion from government intervention comes at a price, however. In America, traditional energy producers that don’t get subsidies, such as natural gas, struggle to make a profit when prices are artificially depressed, and this means that more reliable energy producers are crowded out of the market and, in many cases, are shut down. Nuclear energy, a reliable, relatively inexpensive, carbon-free producer, suffers the most because of how costly it is to cycle nuclear plants up and down.

“By having governments force intermittent renewables into the system through industrial policy,” Hartley said, “You’re actually penalizing nuclear, which might be the best long-run solution.”

Part 1 of 2
 

marsh

On TB every waking moment
Part 2 of 2

There is an ongoing debate about how much and how fast CO2 emissions are changing the earth’s climate. However, if reducing carbon emissions is the ultimate goal, nuclear is probably the best means of achieving it. It emits far less CO2 than renewable energies, when mining and construction are taken into account; it is scalable; it is steady, reliable, and not subject to wild variations due to the weather; and it builds energy independence.

“Two of the most successful mass displacement of fossil fuels in the world are the nuclear programs in France and Sweden,” Hartley said. Nuclear is by far the most energy-dense technology, producing 10,000 times the amount of energy per kilogram that diesel fuel produces. It also takes up less space than solar panels and requires far less mining, with all the collateral damage that comes with that.

The downsides of nuclear are well known: nuclear waste and the possibility of catastrophic accidents such as Chernobyl, Three Mile Island, and Fukushima. However, new innovations in nuclear energy have made the technology safer, cleaner, more flexible, and more scalable.

Downsized nuclear plants called Small Modular Reactors can be built closer to industrial users, reducing the cost of building lengthy transmission networks.

While Germany appears to have closed the door on nuclear energy, the European Union is reportedly drawing up plans to reclassify natural gas and nuclear energy as “green.”

According to Jessica Johnson, communications director for Nucleareurope, “We’re starting to see member states recognize that in order to have a stable supply of low carbon electricity, nuclear needs to be part of the mix.”

Europe has set ambitious targets to “decarbonize our economy completely by 2050,” Johnson said. If nuclear energy is excluded, “we can forget those targets.”

Currently, about 25 percent of Europe’s electricity is generated by nuclear power, as well as half of Europe’s “low-carbon” electricity. Belgium is rethinking its program to phase out its nuclear plants, Johnson said. France has proposed ambitious plans for building up to six new nuclear plants, and “a couple of weeks ago, in a manifesto, the Finnish Green Party made a clear statement in support of nuclear.”

‘Carbon Debt’
Germany’s Energiewende has succeeded in reducing its national carbon footprint substantially, but it only measures emissions within its own borders. Had it measured its actual global footprint, it would have discovered that the batteries, solar panels, and EVs that it was importing were increasing CO2 emissions substantially.

EVs come with a “carbon debt.” This refers to the fact that manufacturing electric batteries, an industry projected to grow to $100 billion by 2025, is highly pollutive. A 2018 report by the International Council on Clean Transportation, a green energy advocate, noted that the production of EV batteries in China, where more than half of the world’s lithium-ion batteries are made, generated 60 percent more CO2 than building traditional gasoline-powered engines.

A report by the World Economic Forum, another renewables advocate, stated that the amount of fossil fuel required to build EVs exceeds that for gas-fired cars to such an extent that “in Germany, a mid-sized electric car must be driven for 125,000 km, on average, to break even with a diesel car [in terms of CO2 emissions], and 60,000 km compared to a petrol car. It takes nine years for an electric car to be greener than a diesel car.” EV batteries last between 10 and 20 years.

Rare earth minerals essential to the production of solar panels, wind turbines, and EV batteries include lithium, nickel, cobalt, manganese, and graphite, among others. Copper is also essential for building extended power lines to connect grids to distant renewable sources, such as offshore wind farms and remote solar fields.

According to a report by the International Energy Agency (IEA), in order to meet the climate goals of the Paris Agreement, the production of these minerals would have to increase by six times over what it is today, by 2040. Furthermore, “The production of many energy transition materials is more concentrated than that of oil or natural gas … the world’s top three producing nations control over three-quarters of global output.”

The dominant players in this market are the Democratic Republic of the Congo (DRC) and China, which together control a majority of the production of many essential renewable-energy minerals. “China’s share of refining is around 35% for nickel, 50-70% for lithium and cobalt, and nearly 90% for rare earth elements,” the report states.

The mining of these materials is energy-intensive and can be devastating to local environments.

Lithium, for example, comprises only about one percent of the rock from which it is mined, causing the destruction of large swathes of land in the mining process in order to extract it. Lithium and copper mining also require huge amounts of water, straining natural resources. Cobalt is often mined by child slave labor in Africa. And the refining process releases toxic heavy metals and other pollutants into the soil and water.

The installation of solar panels requires taking large plots of land and displacing wildlife. Wind turbines kill birds and bats. And the disposal of these often toxic minerals, once batteries, turbines, and solar panels reach the end of their productive use, has yet to be resolved.

‘Conditions of Genocide’
Germany struggled with the moral consequences of its Energiewende. The German parliament determined that the solar panels it was buying from China were being manufactured under “conditions of genocide” and slave labor.

“People think they’re very virtuous with these wind, solar, electric vehicles and so forth,” Hartley said. “But when you look into the background of these things, it’s pretty dicey stuff from a human rights point of view, let alone the strategic issues.”

Epoch Times Photo
Workers install solar panels at the construction site of 40MW photovoltaic on-grid power project in Huai an, China, on June 11, 2018. (VCG/VCG via Getty Images)

In February, these strategic issues came to the fore when Russia invaded Ukraine, and Germany discovered how dependent it had become on unfriendly foreign suppliers. Wind and solar, upon which it had bet so heavily, proved incapable of filling the gaps its energy policies had created, and the embargo of Russian exports, together with counter-threats from Russia to cut off vital energy supplies to the West, hit Germany hard.

In May, Germany’s producer prices jumped 33.6 percent in annualized terms, the largest increase since data collection began in 1949, largely due to escalating energy costs. Energy prices shot up 87.3 percent from a year earlier; natural gas prices were up 154.8 percent.
A German federal audit in March warned of energy shortages and blackouts across Germany and power rationing between consumers and industry. With the sharp increase in the cost of inputs, the report said “there is a risk of losing Germany’s competitiveness and acceptance of the energy transition.” Last week, Germany raised its gas risk level to “alarm,” the second-highest level before “emergency.”

The German government could soon be in a position of choosing which companies are more essential than others when allocating scarce energy supplies. As is often the case with government industrial policies, the Energiewende could end up harming the industry to such an extent that the only solution would be more government intervention to save it.

Throughout Europe, some companies began shutting down in June, unable to compete with foreign firms whose energy costs were much lower. One country that is not transitioning to renewables is China.

A June Foreign Policy report stated that, while China is rapidly building out its battery manufacturing industry for export, “the country continues doubling down on coal” for its domestic energy. China expanded its coal mining operations by 300 million metric tons in 2022, “almost the annual production of the entire European Union.” The report notes that China is prioritizing energy stability and cost competitiveness, while “China’s main competitor, the United States, now experiences increasingly frequent supply disruptions as it works to transition its electric system, the world’s second largest, toward renewable energy.”

The strategic risks of Biden’s green gamble go beyond consumers and industry to include our military. Access to energy often proves to be decisive in military conflicts. One of the reasons that Germany and Japan were defeated in the Second World War was their inability to acquire fuel for their ships, planes, and tanks. Today, while America’s submarines and aircraft carriers are nuclear powered, most of our military still runs on oil derivatives; diesel for tanks and ships and jet fuel for aircraft.

China is not a significant producer of oil, which has been its strategic Achilles heel. Transitioning from fossil fuels to wind and solar, however, reverses this equation, making American industry dependent on China for the raw materials of renewable energy, when we have fossil fuels in abundance.

The lesson that the Biden administration could have learned from Germany is that wind and solar are inferior technologies that are inefficient, unreliable, polluting, and create a dangerous dependence on foreign countries that are not always your friends. Apparently, they weren’t paying attention.
 

marsh

On TB every waking moment
This Is Just the Start: COVID Was an Opportunity to Probe Defenses for the Next Determined Assault 3:12 min

This Is Just the Start: COVID Was an Opportunity to Probe Defenses for the Next Determined Assault
Red Voice Media Published June 26, 2022

Neil Oliver: "If they don't seek to curtail yet more of our freedoms in response to a disease, they will surely try to have us submit to restrictions designed to save the planet or stop the war in Ukraine or whatever cause they can drum up next."

Full Video: 'Leave the Kids Alone': Neil Oliver [VIDEO]
 

marsh

On TB every waking moment
7:23 min

Biden’s oil policies are collapsing US food production
One America News Network Published June 26, 2022

Joe Biden’s disastrous oil and gas policies in America are creating massive food shortages across the country, putting Americans at risk of famine. One America’s Pearson Sharp has more.
 

marsh

On TB every waking moment

The World is Now Watching U.S. Winter Wheat Harvest, Yields in Oklahoma and Texas Reveal Some Surprises

U.S. Farm Report 06/25/22 - Farm Journal Report
By TYNE MORGAN June 27, 2022

The start of summer also ushers in the steady rhythm of wheat harvest across the plains. What typically is picture-perfect setting of beauty from amber waves of grain is one that shows the scars of drought.

In the Texas panhandle, farmers saw not even a half of an inch of rain during the heart of the growing season. As a result, yields are poor in the fields that did survive. Scott Irlbeck, a farmer in Tulia, Texas, says dryland wheat in his area yielded 8 to 10 bu. per acre. On a good year, the fields that don’t have irrigation can yield around 20 bu. per acre.

“Considering the lack of rainfall we received since way back in the fall, I wasn't surprised with dryland yields of wheat,” Irlbeck says. “I was surprised with some of the wheat. I tried to irrigate.

I thought I'd have a little bit better yields, but that wasn't the case either. I was ending up with 25 to 30 bushels an acre on irrigated, which isn't great.”

The latest USDA Crop Progress Report showed 72 percent of Texas’ wheat crop was harvested as of Sunday, June 19, which is 7 percentage points ahead of normal.

Just to the north, Oklahoma’s wheat harvest has been in full swing for several weeks, and a week ago, USDA said 72 percent of the state’s crop is harvested. Clint Wilcox farms in northwest Oklahoma, and he says the lower yields have helped speed up harvest, even with some rain events that put a pause on harvest from time-to-time this summer.

“My bushels per hour aren't a whole lot different than they were a year ago, I’m just driving two and a half times as fast,” says Wilcox.

He says so far, most of his fields have yielded over 30 bu. per acre, but he was starting to see some fields that looked a little lighter on yield.

“The one that we started last night is making in the 20s,” he says. “We’ll probably get into some that are quite a bit worse than that before it's over.”

For Wilcox, yields have also been surprising, but in a good way, as expectations were extremely low heading into harvest.

“This is not anywhere near the worst wheat crop that I’ve seen,” says Wilcox. “I think 2011 and 2018 were much worse here.”

This wheat crop he’s harvesting is still 40 percent below the strong harvest farmers in this part of Oklahoma saw last year, but it’s still not as bad as it could be.

“I'm not sure how this one pulled through as well as it did, but the few rains that we had were just timely enough. I think that somehow this crop is quite a bit better than 2011 and 2018,” he says.

Across the state, wheat harvest is also in full swing. Farmers are hustling to get the crop out after some of Oklahoma saw 11 inches of rain in May. Brian Arnall, an Oklahoma State University (OSU) extension precision nutrient management specialist, says wheat harvest is basically border to border.

“Right now, we're in central Oklahoma. We're fighting humidity, so we're not starting till mid-day,” says Arnall. “More of our western regions can run. We are getting some great nights. We've got nice wind, so our humidity is dropping down and we can run from about noon or 1 p.m. through 9 p.m. or 10 p.m.”

Arnall says the dryness early on in the growing season took a toll on overall yields.

“Harvest reports are marginal, and I’m getting some good protein numbers. People are more excited about reporting proteins than they are yields this year,” says Arnall.

He points out Oklahoma’s wheat yields are mixed across the state, but the research farms he’s harvesting are producing yields 50 to 60 percent below average.

“Where I want 70, 80 or 90 bushel [per acre], I’m cutting 40 to 50 bushel yields,” Arnall says.
Test weights are also all over the board. But the rain’s a month ago were followed by intense heat. That created some issue with tillers, and also created a fight in the fields with more weed pressure due to the recent rains.

While the battle is never-ending, farmers in Oklahoma are thankful to have a crop to harvest this year. Jimmy Kinder, who farms in southern Oklahoma, also faced with drought this year, says wheat yields are struggling as a result.

“In western Oklahoma, we're kind of short a wheat crop, so they're able to travel pretty fast across the acres where yields are anywhere from 10 to 30 bushels [per acre] so far. That's kind of what we've expected,” says Kinder.

Kinder’s wheat yields are disappointing, but he knows it could be worse. Farther west in Oklahoma, those farmers don’t have much to harvest, and some don’t even have a crop at all.

“We're just glad to be cutting because farther west of me in Altus and in those areas, it’s worse,” says Kinder. “I have nothing to complain about. It really hurts to not have a crop whenever you have a good price. We just hope for a better year for everybody next year.”

Even in areas that have a crop, other signs of the drought are also showing up in unexpected ways across Oklahoma.

“We've not seen that many custom cutters in the area this year, which is a little bit scary,” says Kinder. “Not a lot of them here as they are also having a hard time with this short wheat crop.”

Kinder says there haven’t been long lines at the elevator, either. And even with prices at the elevator nearly double what Kinder saw last year, the farm financial picture isn’t all upbeat.

“We're going to probably gross the same amount of dollars we normally do, because we're having a half a wheat crop and double the price. So we're thankful that the price has responded well,” says Kinder.
 

marsh

On TB every waking moment

Ukrainian Farmers Destroy Harvest Equipment to Keep Russians from Taking Crops

Ukraine helps feed the world.
Ukraine helps feed the world.(Farm Journal)
By RHONDA BROOKS June 27, 2022

Few things are more important to a farmer than harvesting his crops, yet farmers in the Ukraine are taking measures to prevent that very action. Many are now destroying harvest equipment to keep the Russian army from confiscating the wheat currently ripening in fields.

“Some of our clients in the Ukraine have been actually damaging their combines, so the Russians can't combine the wheat,” says Dan Basse, president of AgResource Company.

“It’s a war zone. It’s messy. It’s a shame, and our hearts bleed for the Ukrainians who are being harmed,” Basse told AgriTalk host Chip Flory on Monday.

Little Fuel To Be Had
In recent days, the Russian army has bombed refineries, seaports and many other parts of the country’s infrastructure, crippling it and turning it into rubble. Basse estimates that at least three, maybe four, of the seven major export terminals out of the Ukraine have sustained such major damage months of work would be required to repair them.

The destruction means that even if farmers have kept their equipment intact, many are unable to access much needed diesel to fuel the harvest.

“If you were to place a diesel order today in the wheat areas, which is really central and western Ukraine, you would find that it's probably four to six weeks to get delivery on it,” Basse says.

The delay means some of the crop will likely remain in fields too long, damaging its quality and viability, and some of the crop won’t be harvested at all.

That reality would mean supplies of wheat would take a hit in the global marketplace. It’s also why Basse challenges the USDA’s current prediction that Russia will export 40 million metric tons (mmt) of wheat this year and somehow compensate for the shortfall from the Ukraine.

“A lot of the people I talked to in Europe have that number closer to 30 mmt, which would leave the world short 10 mmt of wheat,” he says. “As Russia begins its harvest, we’ll start to understand that it is not going to have a big export campaign. I'm afraid it's a pipe dream, if you will, I just don't think logistics will allow it.”

What countries will be shorted of wheat and, potentially, other grains? Basse says he is still working to figure that out. For now, he believes the shortfall is likely to occur in countries such as Bangladesh, Pakistan and/or parts of Southeast Asia. He doesn’t believe the U.S. will be in that mix.

“There will be some shortages, and it seems to me that if I’m an end user, probably should be taking some forward coverage,” he says. “We think (demand destruction) will be shifted forward, because people are still eating about the same amount of calories as it sits today at these current prices.”

Seasons Of Loss
As for Ukranian farmers, Basse is worried what will happen to some of them if crops can’t be harvested and sold.

“Financing is running out. I will tell you that as I talk to my friends and clients, we will have farmers that go bankrupt. And then of course, as that happens, we will really have issues with the next wheat crop and the next corn crop. So, I'm actually more concerned about 2023 production than I am about 2022.”

In the meantime, he believes Putin will continue to wage war, inflicting as much “pain and harm and psychological damage on Ukrainians as possible.”

“Ukrainians are such a proud people, as long as we keep sending them weapons, they will fight to the last man standing. That is how angry and riled up they are,” Basse adds. “So that's why when we talk about this war going on, as long as the West keeps sending weapons, the war will go on.”

Listen to the complete discussion on AgriTalk between Basse and Flory here:

12 min AG Talk audio on website
 

marsh

On TB every waking moment
Todd Bensman - Federal Judge Reverses Biden's No Deportation Policy, Deportation Free Zone 8:18 min

Todd Bensman - Federal Judge Reverses Biden's No Deportation Policy, Deportation Free Zone
Bannons War Room Published June 27, 2022

(The Biden Administration had severely limited illegal aliens that could be deported to a narrow category of terrorists and very severe criminals. Criminals were allowed to stay. The court has overturned that to include almost everyone. The Admin is doing a work around by dismissing cases on the ICE dockets. )
 

marsh

On TB every waking moment
Politician Demands Bilderberg Conference Transparency: CIA Plot? New World Order? Shadow Government? 6:02 min

(Dutch) Politician Demands Bilderberg Conference Transparency: CIA Plot? New World Order? Shadow Government?
RAIRFoundationUSA Published June 27, 2022

^^^^^^
Politician Demands Bilderberg Conference Transparency: CIA Plot? New World Order? Shadow Government? (Video)
Amy Mek
June 27, 2022

maxresdefault-1200x630.jpg


One of the conference’s co-founders is nazi-linked Prince Bernhard, a member of Hitler’s “Reiter-SS,” a mounted unit of the SS.

The highly secretive Bilderberg Group met in person for the first time since the pandemic, taking over the entire Mandarin Oriental Hotel in Washington D.C., 2 June – 5 June 2022.

Despite a “heavy media presence” at the controversial conference, “not a word about the meeting was heard or read in the press,” said MP Gideon van Meijeren (FVD) while addressing the Netherland’s House of Representatives. For example, attendees included “directors of media conglomerates that own almost all media, like Warner, which own CNN were present.” Yet, “not a word.”

“That is quite remarkable. After all, how can the most influential people on earth fly halfway across the globe to spend three days together in a heavily guarded luxurious hotel surrounded by tall fences without it being considered interesting or newsworthy?”

“Have agreements been made about this?” asked Van Meijers. “And why would the media make such arrangements at all? Don’t they exist as a check on the powerful, rather than to wait on them hand and foot? So the big question is, why are these people meeting, and what is being discussed.”


‘World’s most powerful people assemble in secrecy’
“The Bilderberg conference is not just any conference. It’s an annual conference where the world’s most powerful people assemble in secrecy,” explained Van Meijers.

These are the most influential and wealthiest people in the world – from politics to banking, business, the military-industrial complex, big tech, science, and even the media.

Among the famous guests are George Soros, David Rockefeller, Bill Gates, and Klaus Schwab. Also, many heads of government attended the conference. In addition, the directors of the largest financial institutions, who together represent thousands of billions in investment assets, were there.

The MP pointed out that the last meeting included the Direction of the CIA and the President of the European Council, the top executives of Google and Facebook, the Secretary-General of NATO, and the CEO of vaccine developer Pfizer.

‘Shadow Government – New World Order’
“Are we dealing with a shadow government that wants to rule the world? Are they the architects of a New World Order aiming to enslave humanity? Or is it just an innocuous talking club whose attendees simply discuss how to improve the world?

“And if they really want to improve the world, do they want to improve the world for the common people, or is it perhaps more likely that they mainly want to improve the world for themselves and maintain their own position of power? To ask the question is to answer it,” emphasized Van Meijeren. “But we don’t know for sure because there is no disclosure about what is being discussed.”

The question might end up being rhetorical, but we do not know for sure because there is no openness about what they discuss. That is why I started looking into the origins of the Bilderberg conference myself.

Nazi Ties
The MP pointed out that the conference was founded in 1954 by the controversial Prince Bernhard, among others. “Give his Nazi past, that raises quite a few eyebrows because what does this say about the intentions and motives of this initiator? “

“Also thought-provoking is that the CIA funded the conference,” Van Meijeren continued. “After all, the CIA is not a charity set up to facilitate harmless talk clubs – it is a secret service created to carry out covert operations.

Demand Answers
The MP demands concrete answers from the Minister: “why did he, the King, and the Prime Minister participate in the conference? And in what capacity were they there? What was the King doing there in the first place?”

“Were there absentees among invited members of the government? And what was discussed? Were agreements made, and were decisions taken? If so, what are the consequences for the Netherlands?”

The world’s finest in the banking and financial sector are talking with scientists, journalists, and politicians. Does the minister understand that many people take issue with the lack of information about what goes on there?

“Moreover, why was the House not informed that members of the government would attend this conference. Why were these agreements not included in the public calendar of ministers?

And how can members of Parliament supervise the government if what they are doing is kept secret? Also, how does this relate to the principle tenant of democracy which is that people can influence policy?” asked Van Meijers.

And the final question: is the Minister willing to reconsider future participation in the Bilderberg conference?
 

marsh

On TB every waking moment

Sri Lanka Suspends Fuel Sales Amid Economic Collapse; Asks Russians For Help

MONDAY, JUN 27, 2022 - 04:35 PM

A broke and extremely cash-strapped Sri Lanka halted all fuel sales except for essential services in a desperate attempt to manage a severe fuel shortage -- allowing the government to buy some time and send two government officials to Russia to negotiate a fuel deal.
"From midnight today, no fuel will be sold except for essential services like the health sector, because we want to conserve the little reserves we have," government spokesman Bandula Gunawardana said in a pre-recorded statement, obtained by AFP News.
The Sri Lankan government announced only essential services would operate and be allowed access to fuel until July 10 because of a fuel shortage
"Sri Lanka has never faced such a severe economic crisis in its history," Gunewardena added.
The move comes less than a week after Prime Minister Ranil Wickremesinghe said the debt-laden economy of the island nation has "completely collapsed:"
"We are now facing a far more serious situation beyond the mere shortages of fuel, gas, electricity, and food. Our economy has faced a complete collapse.

"It is no easy task to revive a country with a completely collapsed economy, especially one that is dangerously low on foreign reserves," " Prime Minister Ranil Wickremesinghe told parliament on June 22.
"The country is also facing record-high inflation and lengthy power blackouts, all of which have contributed to months of protests -- sometimes violent -- calling on President Gotabaya Rajapaksa to step down," AFP said.

While the government said talks were held with the IMF, India, China, and Japan for new credit lines, negotiations to purchase heavily discounted Russian crude oil are set to begin this week.

Power and Energy Minister Kanchana Wijesekera said the two ministers would arrive in Russia early this week to continue talks about directly purchasing Russian fuels, according to AP News.
"There is an advantage for us if we could buy oil directly from the Russian government or the Russian firms. There are talks going on," Wijesekera told reporters Sunday.
Earlier this month, Sri Lanka turned to Russia for cheap oil to purchase crude roughly $30 below the international spot price. The South Asian country said it received 90,000 tons of Russian crude but will need a lot more.

Sri Lanka's move to take Russian oil raises Western eyebrows as the country has remained neutral since the Ukraine war began. The country is in collapse as foreign exchange reserves plummeted by 70% in the last two years and have suspended foreign debt repayments -- 10% of the $51 billion of the external debt owned is owed to China.

The government's mishandling of the country's economy and suspension of fuel sales could exacerbate social unrest.
 

marsh

On TB every waking moment

The Age Of Discord

MONDAY, JUN 27, 2022 - 02:15 PM
Authored by Charles Hugh Smith via OfTwoMinds blog,

It's very difficult to find common ground that supports cooperation in the disintegrative stage of scarcities, rising prices, catastrophically centralized power and social discord.



Today's topic echoes Peter Turchin's 2016 book, Ages of Discord, which I have often referenced in blog posts.

I'll also discuss two other books I've often referenced, Global Crisis: War, Climate Change and Catastrophe in the Seventeenth Century by Geoffrey Parker and The Great Wave: Price Revolutions and the Rhythm of History by David Hackett Fischer.

Turchin proposes repeating cycles of history of social integration (people finding reasons to cooperate) and disintegration (people finding reasons to not cooperate).

Clearly, we're in a disintegrative stage.
Fischer proposed a repeating cycle of history in which humans expand their numbers and economy to consume all available resources.

Once all the low-hanging fruit has been consumed, scarcities arise, pushing prices above what commoners can afford, and the result is economic stagnation and social/political revolution.

Either humans exploit a new energy source at scale to provide for the larger population and higher consumption per person, or the population and consumption decline to fit available resources.

Parker covers the mutually reinforcing climate, political, social and economic crises of the 17th century. A long cycle of cold, wet summers reduced crop yields, leading to hunger and strife.

Parker also identifies another cause of the tumultuous, war-plagued 1600s: political leaders had consolidated too much power, enabling them to pursue disastrous wars without any restraint from competing domestic social-political interests.

Clearly, we're in Fischer's stage of overshoot and resource scarcity and Parker's extremes of centralized power free to pursue catastrophic wars of choice.

In the 1600s, those launching wars reckoned a clean, decisive victory was within easy reach. In every case, the wars dragged on inconclusively or generated even wider conflicts.

In the end, all the wars were settled diplomatically, not by military victory. The military gains were nil while the destruction was widespread and devastating.

Fischer details how poorly humans respond to scarcity and higher prices, also known as inflation or more. accurately, as the decline in purchasing power of money and labor. As scarcities and higher prices take their toll, society unravels: crime and social disorder accelerate.

What we're seeing in real time is a "circle the wagons" mentality of weeding out everyone but the True Believers in every movement. Litmus tests are handy for this test: answer wrong on any question and you're cast out: heretic!

It's not enough to tick one "progressive" or "conservative" box; you have to tick them all or you're a heretic who cannot be trusted. If you leave one box unticked, you might untick a few more in the days ahead.

This puts pressure on everyone to declare their loyalty to the "party" even if the loyalty is just for show. This dishonesty pleases those demanding every box be ticked but this forced loyalty creates an illusion of solidarity that unravels under pressure.

Officials vie to offer pledges of loyalty to Chinese President Xi Jinping ahead of 20th Party Congress

Exacerbating this is social media, which rewards those promoting the most extreme and divisive positions and deranges the populace by substituting recognition online, which encourages disintegration, for real-world engagement, which encourages moderation and cooperation.

Online, it's easy to be all-or-nothing: there should be no restrictions on social media, or we should just pull the plug and shut the whole mess down.

In the real world, these are knotty, nuanced problems. The Founding Fathers would not have tolerated sedition under the guise of free speech. The social order can only be maintained if every participant adheres to standards of civility and the common good.

When put under stress, humans harden their positions as a defensive measure. They become more argumentative and less tolerant, more strident in insisting that the One True Thing is the answer to our problems.

This leads to magical thinking, for example, that we can replace hydrocarbons with fusion or wind and solar. When the physical and cost limits of minerals are presented as impassable obstacles, people respond with denial: there must be a way to keep everything the same.

Humans have an easy time expanding their population and consumption per person and a hard time consuming less.

It's very difficult to find common ground that supports cooperation in the disintegrative stage
of scarcities, rising prices, catastrophically centralized power and social discord.

This requires accepting that we can cooperate with people on one issue even though all the other boxes of our group/party/movement are left unticked.



History suggests the disintegrative stage will run its course and consumption will realign with available resources one way or another, and the best we can do is preserve our own sanity, community and willingness to nurture small patches of common ground that support productive cooperation.
 

marsh

On TB every waking moment

Victor Davis Hanson: America Is More Fragile Than The Left Understands

MONDAY, JUN 27, 2022 - 01:20 PM
Authored by Victor Davis Hanson via AmGreatness.com,
"There is a great deal of ruin in a nation."
-
Adam Smith
The Left has been tempting fate since January 2021 - applying its nihilist medicine to America on the premise that such a rich patient can ride out any toxic shock.



Our elites assume that all our nation’s past violent protests, all its would-be revolutions, all its cultural upheavals, all its institutionalized lawlessness were predicated on one central truth—America’s central core is so strong, so rich, and so resilient that it can withstand almost any assault.

So, we can afford 120 days in 2020 of mass rioting, $2 billion in damage, some 35 killed, and 1,500 police injured.

We can easily survive an Afghanistan, and our utter and complete military humiliation. There was no problem in abandoning some $70-80 billion in military loot to terrorists. Who cares that we tossed off a billion-dollar new embassy, and jettisoned a $300-million refitted air base, as long as our pride flags were waving in Kabul?

Certainly, we can afford to restructure all our universities, eliminate free expression and speech, and institute Maoist cultural revolutionary fervor in our revered institutions of higher learning—once the world’s greatest levers of scientific advancement and technological progress.

We can jettison merit in every endeavor, from banning the world’s great books to grading math tests to running chemistry experiments. And still, a resilient America won’t notice.

We assumed that our foundational documents—the Declaration of Independence and the Constitution—our natural bounty in North America, our cherished rule of law, our legal immigration traditions that drew in the most audacious and hardworking on the planet, and our guarantees of personal freedom and liberty led to such staggering wealth and affluence that nothing much that this mediocre generation could do would ever endanger our resilience.

But such inheritances are not written in stone. America, as the world’s only successful multiracial democratic republic, was always fragile. It was and is always one generation away from disappearing—should any cohort become so foolish as to mock its past, dismantle its institutions, revert to tribalism, redistribute rather than create wealth, and consume rather than invest.

We are that generation. And we have an accounting with nature’s limitations, given there is always a corrective, not a nice one, but remediation nonetheless for every excess.

Our major cities are no longer safe. Somehow, the Left has nearly wrecked San Francisco in less than a decade. A once beautiful and vibrant city is lawless, dirty, toxic, often boarded up, and losing population. It has turned into a medieval keep of well-protected knights in secure fiefs while everyone else is engaged in a bellum omnium contra omnes.

We know it is so because California public officials talk of anything and everything—Roe v. Wade, transitions to electric cars, hundreds of millions of dollars in COVID-19 relief for illegal aliens—to mask their utter impotence to address feces in the street, the random assaults on the vulnerable, and the inability to park a car and return to it intact.

Ditto the Dodge City downtowns of Chicago, Los Angeles, New York, Seattle, Baltimore, Washington, and a host of others. In just four or five years, they have given up on fully funding the police, aggressive prosecutors indicting the violent, and ubiquitous civil servants ensuring the streets are free of trash, vermin, flotsam, jetsam, and human excrement.

There are natural reactions to such excess. The most terrifying is that our once-great cities, especially their downtowns, will simply shrink into something like ghost towns—our versions of an out-West Bodie, or an abandoned Roman city in the sand like Leptis Magna, or a Chernobyl.

But the culprit will not be a played-out mine, or encroaching desert, or a nuclear meltdown, but the progressive leadership of a worn-out, bankrupt people who no longer possess the confidence to keep their urban civilization safe and viable. And so, they either fled, or joined the mob, or locked themselves up in fortified citadels, both in fear to go out and terrified of losing what they owned.

We are seeing that deterioration already in our major cities. Stores are boarded up. Women cease to walk alone after sunset. Police officers walking the beat are now rare. Hate crimes, smash-and-grab robberies, and carjackings go unpunished. Streets are filthy and littered.

Commerce and human interaction cease at dusk, as if in expectation that zombies will emerge to control the streets. Criminals when arrested are not always identified—the media censoring names and descriptions on their own selective theories of social justice.

But again, the culprit is not the COVID plague or want of money. It is us, we who turned over our cities to the incompetent, the selfish, the timid, and the violent.

There is again an antidote. But doubling the police force, bringing back broken-windows policing, electing tough prosecutors, moving the homeless from the downtown into hospitals and supervised shelters beyond the suburbs, arresting, convicting, and incarcerating the guilty—all that seems well beyond this generation’s capacity.

Would not such efforts be unfair to the mere rock-thrower? Who says the fentanyl user has no right to defecate on the street? Would not our jails become overcrowded? Would the incarcerated be unduly overrepresented by this or that group?

Joe Biden took a strong economy—albeit one that after three serial spendthrift presidencies faced huge national debt and a rendezvous with fiscal sobriety—and has utterly ruined it.

He discouraged labor participation with federal checks. He ensured that his minions on the politicized Federal Reserve Board would keep interest rates artificially low. Biden inflated the money supply while debasing the value of the currency. He brought back mindless regulation and put ideological commissars in place to ensure the corporations, banks, and Wall Street would be woke, allowing ideology to warp ancient economic laws that kept prices stable, supply and demand in balance, and incentives to work and profit.

Many thought Biden would have needed at least four or five years to wreck such a strong economy with such nihilism rather than a mere 16 months.

Yet nature is about to step in with a recession and perhaps even a depression to correct the Biden madness. If interest rates rise, capital dries up, businesses close, employers cut back, consumers no longer have access to easy money, and the nation becomes inert, then the country will be worse off, spend less—and that too will be a brutal solution of sorts to Biden’s hyperinflation and stagflation.

Still, it is hard to see how anyone in the government might prefer the proper and necessary medicine at this late hour. An updated Simpson-Bowles plan still could address long-term insolvency. Meaningless regulations could be pruned back. The tax code could be radically altered and simplified to encourage investment rather than consumption. Entitlements could be calibrated by incentives to become productive rather than to remain inert. All of that might return us to a sound currency, a strong GDP, long-term financial solvency, and general prosperity for all. But are not such medicines perceived as worse than the disease?

There is an answer to the open border, when upwards of 4 million illegal aliens will flow into the United States in a mere two years, for the most part without audits, English, capital, income, and vaccinations—and with no idea how to house, feed, or provide health care for millions without background checks.

At this late date, the corrections of stopping catch and release, ending amnesties, hiring more border patrol officers and immigration judges, or building more detention centers are too little too late.

Eventually, Americans will become acculturated to large enclaves of endemic poverty, as millions with no familiarity with the United States are neither assimilated nor integrated.
The border will then disappear, and northern Mexico and the southern United States will become indistinguishable, as millions simply drift back and forth in the manner of an ancient Gaul or Germania. Large areas of Texas, Arizona, and California are already returning to such pre-state status.

Or the alternate corrective will be the completion of a massive wall from the Pacific to the Gulf, with strict audits of all would-be immigrants, immediate deportations for lawbreakers, and legal only immigration that is measured, diverse, and meritocratic.

We are reaching the inflection point quickly and will either experience the absolute destruction of the border or a radical backlash, given that the current mess is unsustainable. Either a nation with borders survives or a tribal and nomadic region supplants it.

If America chooses to shut down refineries, put our rich oil and natural gas fields off-limits, cancel pipelines, and demonize the fossil fuel industry, then, of course, prices for carbon fuels will explode.

The Biden Administration talks nonsensically about Teslas, batteries, and electric replacements. But it is not greenlighting mining for the critical minerals needed for batteries. It is not encouraging nuclear power plants to provide enough power for a clean fleet of 200 million electric cars. There is no Marshall Plan to wean America off mostly non-polluting natural gas and gasoline onto electricity-hungry engines.

Instead, Biden begs the Saudis, the Russians, the Venezuelans, and even the Iranians to pump the fuel he will not. He seeks to drain the Strategic Petroleum Reserve that can supply only a fraction of the oil America gulps daily. He defines his own pre-midterm, self-created mess as a national emergency to tap a reserve he could never fill or refill.

So, what is the natural corrective to unaffordable fuel?

A likely Biden recession or depression, in which the middle classes simply do not enjoy jobs that pay enough to afford $6-9-a-gallon gas. And so, they will not drive. Vacations, optional shopping trips, and visits to friends—all that and more will taper off. Gas will stabilize at near-European levels, and the people, as planned, will be rerouted into dirty and unsafe subways and mass transit.

Biden will be happy. But America won’t be the same mobile country.
America’s bounty was predicated on each generation following the prompt of the prior, modulating when change was necessary, but not daring to tamper with the foundational principles and values that explained our singular wealth, power, and leisure.

This generation in its arrogance tested fate. It felt itself smarter and morally superior to its betters of the past. It lost that wager and now we the public are paying for its foolishness. To destroy America as we have always known it, there was far less necessary to ruin than our elite believed.

Like a stunned adolescent whose reckless incompetence totaled the family car, the Left seems shocked that America proved so fragile after all.
 

marsh

On TB every waking moment

Dallas Fed Plunges As Respondents Unleash Unprecedented Slamdown Of "Disastrous" Biden Administration

MONDAY, JUN 27, 2022 - 12:33 PM

After an unexpected rise in US durable goods orders (in May) and pending home sales (in May), the Dallas Fed's Manufacturing Survey (in June) plunged to its lowest since May 2020.


Source: Bloomberg

The survey was expected to rise modestly from -7.3 to -6.5, but plunged to -17.7. New Orders crashed into negative territory and employment weakened significantly.

The comments from survey respondents are perhaps most enlightening of the reality facing many businesses in America: foreign dependence, cost inflation, over-regulation, and Biden energy policies...
  • As a country, we are not looking at the future and establishing relationships with emerging countries like we should to ease the dependency on Chinese products and services. This will hurt us in the long run.
  • Everything we buy and sell comes and goes by truck, if we can get a truck at any price. Inflation will continue until the country is self-sufficient in oil and gas. The current political policy may not change until 2024. Therefore, inflation will be our consistent companion for a while, then stagflation!
  • There is increased concern over Mexican manufacturers gaining more business in the U.S. due to not having the Section 232 tariffs.
  • We see the environment for the oil industry becoming even worse than the previous months. Biden is promoting a very caustic attitude toward the oil industry, which doesn’t help the country in any way.
And finally, this Dallas Fed respondent's comment on the Biden admin seems to sum how many in America feel today:
"We’ll all be lucky to have a job with two more years of this disaster."
"You can’t ignore the economic fundamentals leading to a likely recession, and the administration [in Washington] is either stubborn or as paralyzed as a deer in headlights"
"Government overspending and transfer programs have inflated the money supply while resulting in unchecked corruption and waste. We will be paying that bill for generations, and what a colossal waste of resources and missed opportunity."
Worse still, 'hope' is evaporating rapidly as six-months ahead activity expectations crashed to near COVID-lockdown lows...aside from the COVID lockdown, 'hope' hasn't been this weak since Lehman...


Source: Bloomberg
"Growth scare" back on...
 

marsh

On TB every waking moment

Iranian Food Consumption Plummets As Prices Soar

MONDAY, JUN 27, 2022 - 11:05 AM
Via OilPrice.com,
  • Food prices are continuing to climb across the globe.
  • Iran has seen its consumption of fruits and vegetables collapse by as much as 30%.
  • Food supplies could be disrupted in Iranian hospitals and government facilities in the coming weeks.
Iranians are consuming fewer fruits and vegetables as skyrocketing prices shake the country's food security.



Ismail Moradian, the vice-president of the Fruit and Vegetable Sellers Association, told the ILNA news agency on June 22 that consumption has decreased by between 25 and 30 percent because of price rises and the implementation of the economic policies of President Ebrahim Raisi's government.
"Many people are confused and do not know which basic products to spend their money on," Moradian said.
Moradian's comments come days after a member of the board of the Beef Production and Distribution Union said that beef sales had dropped 20 percent in recent weeks, while the head of the Food Industry Federation said sales of overall food industry products in the country had fallen by half and the chairman of the Dairy Products Industry Association, noting an 80 percent increase in dairy prices last month, said household consumption in his sector had decreased by 20 percent in recent months.



Extreme inflation in Iran has sparked street protests and rattled public institutions such as hospitals, prisons, and child-care centers, which are facing possible food shortages. The Statistics Center of Iran said the inflation rate in June hit 52.5 percent.



Last week, the Tehran-based Etemad newspaper reported that the impending problem of food security could hit in "the coming weeks" and that "food supplies will be disrupted not only in hospitals, but also in other government facilities such as barracks, prisons, nursing homes, and even student dormitories."
 

marsh

On TB every waking moment

Biden Drains US Strategic Oil Reserve To Lowest Since 1986; UAE Warns Not To Expect Any Help From OPEC

MONDAY, JUN 27, 2022 - 10:45 AM
Continuing to do the same action and expecting different results is the Einsteinian definition of insanity... but that hasn't stopped the Biden administration in the case of its attack of his oil/gas prices.

This morning, despite DOE's servers being reportedly fried, they managed to report that the US released 6.9 million barrels of crude from its Strategic Petroleum Reserve (SPR) last week (~985,000 b/d).

As Bloomberg's Javier Blas notes, the latest weekly release has pushed the SPR below the 500 million barrels mark for the first time since 1986...



And as the chart above shows, the plummeting SPR is not having the impact on prices that President Biden hoped (which explains why he is blaming everyone and everything else for the rise in gas prices - as it becomes clear it's a refining capacity issue as much as anything else).

As is obvious in the spread between barrel-equivalents for products vs crude...



After last week's discussions between The White House and energy executives, a number have spoken out to defend against the vitriolic attacks from Biden. However, Scott D. Sheffield, Chief Executive Officer of Pioneer Natural Resources, perhaps said it all best, concluding on the problems that the administration is going to face in dealing with a rapidly emptying SPR very soon...
Yeah, first of all, I think we’ve all seen the true behavior of the Biden administration when they came out — when he first came in office, they basically wanted to ban fracking, no federal leases and they’ve already shutdown gas infrastructure, moving gas across the Northeast down to the Gulf Coast. New York won’t take a pipeline, they've rejected several pipelines, they rather use fuel oil instead of natural gas in the state of New York.
So that’s been amazing to me and the rhetoric coming out of Secretary of Energy was go find another job in another industry versus the fossil fuel industry.
So all of a sudden, things are getting tight, gasoline is going up, we have a war in Ukraine and then the entire administration changes. But the rhetoric really hasn't, you saw the argument between Mike Wirth and Biden.
So when I said we’re not going to add growth, he quoted me and used my name that some CEO basically said that they wouldn't change your growth rate if oil was $200.

So in my opinion, relying on SPR and federal tax removing $0.18... those are band-aids. In my opinion, our inventory after six months SPR will be at the lowest in 40 years. So he is going to have to buy at a higher price and refill it in my opinion. And we’re going to be even shorter, and SPR will be half of what it was three years ago."
Separately, as Biden heads to the Middle East to ask for help with his ratings, Reuters is reporting that of a conversation caught between French President Macron US President Biden.
"I had a call with MbZ," Macron was heard telling U.S. President Joe Biden on the sidelines of the G7 summit

"He told me two things. I'm at a maximum, maximum (production capacity). This is what he claims. And then he said Saudis can increase by 150 (thousands barrels per day). Maybe a little bit more but they don't have huge capacities," Macron said.
In other words, no matter how much Biden begs, the two top OPEC oil producers - Saudi Arabia and UAE - can barely increase oil production.
 
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