Treasury Secretary Janet Yellen Says Economic Water is Not Always Lacking Dryness

This obtuse explanation from Treasury Secretary Janet Yellen about the April jobs report is one for the record books.  According to Yellen, the government handing people more free money than they would achieve with a working job is not a disincentive for employment.

To prove her case she cites the hospitality industry hiring people in April.  However, what Yellen doesn’t figure into her bizarro logic is that all sectors in all states are not created equal.  Yes, the statistics of “sector analysis” apply across the entire nation; however, the underlying economic activity is not equally distributed.

Blue states are more economically closed than red states. The job gains are in the states where the economic activity is strongest and the incentives for workers are the biggest.   The lack of people working is disproportionately happening in the blue states where dependency models are strongest. WATCH this nonsense:

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These bureaucrats don’t have a lick of common sense.  According to Secretary Yellen’s logic, there are times when water is not lacking dryness.

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DC District Judge Rules Nationwide Moratorium on Evictions is Beyond Authority of CDC

U.S District Judge Dabney Friedrich has ruled the CDC has exceeded its authority with the federal ban on evictions during the COVID response. [pdf ruling HERE]

The issue at the heart of the matter is one of private property rights.  As the judge stated: “The question for the Court is a narrow one – “Does the Public Health Service Act grant the CDC the legal authority to impose a nationwide eviction moratorium? It does not.

(WASHINGTON) – Federal Judge Dabney Friedrich struck down on Wednesday the national eviction moratorium, potentially leaving millions of Americans at risk of losing their homes.

The Centers for Disease Control and Prevention has banned most evictions across the country since September. President Joe Biden extended that protection to renters until July. Some 1 in 5 renters across the U.S. are behind on their payments amid the pandemic, and states are scrambling to disburse more than $45 billion in rental assistance. (read more)

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Sunday Talks, Devin Nunes Outlines How Leftist Democrats are Helping China and Intelligence Community Now Openly Spying on American Citizens

Representative Devin Nunes appears with Maria Bartiromo for an in-dept discussion on current political events.  Within the conversation Nunes outlines how leftist politicians are helping China to achieve their objectives.  More alarmingly Nunes, the ranking member of the House Permanent Select Committee on Intelligence, outlines how the U.S. intelligence apparatus is now focusing inwardly to target American citizens they consider subversive.

Additionally, Nunes outlines a current process within the Navy to identify conservative service-members and target them for removal.

https://youtu.be/NILeewXHCgI

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Please keep in mind the warnings provided on these pages about DHS now starting to assemble lists of dissident citizens under the guise of domestic extremists. {Go Deep}  Also remind yourself the same DHS and FBI are now using private contractors embedded in Big Tech to scour public information on social media and provide feedback to help DHS assemble those lists. {Go Deep}

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There are Trillions at Stake – The Big Club and UniParty Opposition to President

There are a lot of masks dropping this week.  There is a great deal of new sunlight upon the professional and institutional republican politicians that hold office.  There is a great deal of information this week highlighting establishment opposition against the presidency of Donald Trump. It is valuable to understand what lies at the heart of this opposition.

CTH can get down in the weeds of each specific issue to discuss the motives and intents (we will, and do), but the big picture MUST remain at the forefront of understanding. If we lose track of the big picture, the weeds are overwhelming.

…“It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who gain by the new ones.”

~ Niccolò Machiavelli

♦POTUS Trump was disrupting the global order of things in order to protect and preserve the shrinking interests of the U.S. He was fighting, almost single-handed, at the threshold of the abyss. Our interests, our position, is zero-sum. His DC opposition seeks to repel and retain the status-quo. They want to return to full economic control over the U.S.

In these economic endeavors President Trump was disrupting decades of financial schemes established to use the U.S. as a host for their endeavors. President Trump was confronting multinational corporations and the global constructs of economic systems that were put in place to the detriment of the host (USA) ie YOU. There are trillions at stake; it is all about the economics; everything else is chaff and countermeasures.

Familiar faces, perhaps faces you previously thought were decent, are now revealing their alignment with larger entities that are our abusers. In an effort to awaken the victim to the cycle of self-destructive codependent behavior, allow me to cue an audio visual example from March 2018 and U.S. Senator John Thune. WATCH:

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COVID-19 Usefulness to Execute Great Reset, The Great Wealth Transfer of 2020 From Main Street to Wall Street

In this outline we will explain the usefulness of COVID-19 as a weaponized tool to transfer wealth and achieve a global economic reset.  If you have followed the economics of Main Street -vs- Wall Street (Multinationals), you have a baseline to understand these steps.

If you get too granular, missing the larger picture, it is difficult to understand. However, if you stay at the elevated perspective, understanding leads to awakening.  We begin…

In generally approximated terms 2020 has delivered a serious financial blow to Main Street businesses.

The COVID-19 lockdowns and shutdowns have led to business in your local community suffering massive losses of income while simultaneously taking on debt directly from lenders or indirectly from government relief efforts.  Main Street has been hit hard, some analysts estimate 40 to 50 percent of those businesses may not recover.

Conversely, the COVID-19 lockdowns and shutdowns have created a massive income benefit for multinationals, Wall Street corporations and big tech.  Amazon, Walmart and massive tech companies had their highest earnings ever recorded in 2020.

According to most maco-analysis somewhere around forty percent of Main Street economic wealth was lost or suspended in 2020 due to COVID-19.  Simultaneously the multinational firms have seen increases in stock evaluations of forty percent.  These two almost identical numbers are not coincidental.  The billionaire class (multinationals) have gained wealth in an almost identical amount the middle-class (Main Street) lost.

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After Promises from House and Senate, President Trump Signs COVID-19 Relief and Omnibus Spending Bill

Sunday night President Trump signs HR 133 the $900 billion COVID-19 relief bill and Omnibus spending bill to fund government through September 2021.

According to released press reports, President Trump is signing the bill with rescission requests demanding that portions of the bill be struck from final implementation by the Senate. The President is redlining the bill and providing line-by-line instructions to congress on the provisions within the bill that need to be modified and removed.

The signing of the bill carries a statement from President Trump: ““As President, I have told Congress that I want far less wasteful spending and more money going to the American people in the form of $2,000 checks per adult and $600 per child.”

The statement continues: “The senate will start the process for a vote that will increase checks to $2,000, repeals Section 230, and starts and investigation into voter fraud.”

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House Voting Today on 5,600 Page Pork-Filled COVID Package No-One Has Read, McConnell Wants Unanimous Consent…

Good grief the UniParty is in full swing and they don’t even care what our opinion is about this massive $2.5 TRILLION (approximated because it hasn’t been scored) COVID/Omnibus spending bill that totals over 5,600 pages.  [LINK TO BILL]

The actual 5,600 page bill wasn’t populated for public review until shortly after noon this afternoon and staff had an issue putting it on-line.  Incredibly, and in keeping with the previous approach preferred by congress, the House plans on voting on this bill today; and Mitch McConnell wants the Senate to pass it by unanimous consent (no recorded votes).

My rough review shows an approximately 70/30 split on the $900+ billion COVID package.  Approximately 30 percent +/- of the bill will actually help working class families and businesses on Main Street.  Approximately 70 percent of the bill will go to political donors, special interests, environmental lobbyists, K-Street groups who wrote the bill, foreign interests, Wall Street and corporate beneficiaries.  [Scour the Bill Here]

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Nancy Pelosi Has Public Condescending Meltdown During CNN Interview…

The hubris and condescension in this video snippet are quite remarkable, especially when we consider that Wolf Blitzer is a fellow traveler, friend and ally of Pelosi, and professional narrative engineer for the political left.  [There’s a shorter version below the fold]

After being asked a question about her refusal to accept a compromise $1.8 trillion spending package for COVID-19 economic impacts, Nancy Pelosi has a total meltdown.  Pelosi is so unfamiliar with even gentle push-back, she cannot fathom an alternate point of position that does not carry exclusive democrat political benefit.  This is wild:

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Short Version Below:

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Supreme Court Rules Law Creating Director of CFPB Unconstitutional – Severs Removal Clause, Retains Agency…

The Consumer Financial Protection Bureau (CPFB) was originally created by congress (Elizabeth Warren lead) as a quasi-constitutional watchdog agency to reach into the banking and financial system, under the guise of oversight, and extract money by fining entities for CFPB defined regulatory and/or compliance violations.

Essentially, the CFPB is a congressionally authorized far-left extortion scheme in the banking sector.  The CFPB levies fines; the fines generate income; however, unlike traditional fines that go to the U.S. treasury, the CFBP fines are then redistributed to left-wing organizations to help fund their political activism.

The Consumer Financial Protection Bureau (CFPB) was the brainchild of Senator Elizabeth Warren as an outcome of the Dodd-Frank legislation. Within the CFPB Warren tried to set up the head of the agency, the Director, in a manner that that he/she would operate without oversight. Unfortunately, her dictatorial-fiat-design collapsed when challenged in court.  Backstory #1Backstory #2

A federal court found the CFPB Director position held too much power and deemed it unconstitutional. The court decision noted that giving the President power to fire the Director would fix the constitutional problem.  This issue was argued extensively after President Trump appointed Mick Mulvaney as interim Director.  Elizabeth Warren declaring the CFPB Director could not be fired by the executive.  The legal battle worked its way to the Supreme Court.

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White House Economic Advisor Kevin Hassett Impromptu Presser Discussing COVID-19 and Economic Reopening…ses

President Trump’s White House Economic Advisor Kevin Hassett holds an impromptu press availability to discuss continued efforts to reopen the economy while mitigating COVID-19 impacts.

As Hassett notes in all states where the economy has reopened there is significant economic rebound including strong sales and a need for rapid reemployment. The underlying economy is very strong; the primary issue is getting all states to reopen.

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