Nike Reports Profit Loss of $790 Million in Q4 and a Year-Over-Year Sales Decline of 38% (46% in U.S.)…

There is a lot of weird financial data in/around Nike that is coming to a head.  For those who track issues closely, Nike is using the COVID-19 issues to hide the Kaepernick effect.

Everyone remembers Nike went all-in on their social justice model and made a corporate decision to make Black Lives Matter activist Colin Kaepernick the image of their brand.

In their latest financial results Nike is reporting a net quarterly loss of $790 million…. That’s a big deal. However, given the defensive excuses over the COVID-19 shutdown, that loss alone isn’t the big story.  Their year-over-year sales are down 38%, which tells us the downward spiral has been happening for a lot longer than a quarter.

How bad were their results?  To give you some perspective most financial analysts in the industry were looking for a profit target around seven cents per share.  The result Nike reported was a loss of 51 cents per share.  That is a massive disparity.

In my opinion, having tracked MAGA and Anti-MAGA companies and effects, what Nike was doing in much of last year was hiding and deferring income losses due to sales declines.  They did this because the larger goal was to hide the impact of their branding shift. Nike didn’t want people to know how much backlash they faced, so they used every mechanism possible including inventory manipulation to avoid showing losses.

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Democrats Attempt DC Statehood – House Passes Bill 232-180 Vote

Washington DC was not established as a state for the exact reason why Speaker Pelosi and House Democrats are trying to gain statehood for Washington DC; absolute corruption and power, it’s a self-fulfilling proposition. Pelosi is now trying to cloud the latest effort under the false pretense of civil rights; but civil rights has nothing to do with it.

Washington DC was established to be a geographic centralized zone to house the offices of very limited federal government.  DC is now a zone of political corruption intentionally isolated from the rest of the nation; and built into a system of internal benefit, scheme, graft and power. The exact opposite of its purpose.

WASHINGTON DC – The House on Friday approved landmark legislation granting statehood to Washington, D.C., in a 232-180 vote.

The vote was historic, marking the first time either chamber has passed legislation to elevate the District to the 51st state — and empower its residents with long-sought voting representation within the halls of Congress.

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Terrorized Virginia Woman, Being Attacked by Black Lives Matter Mob, Told to “Call City Hall” by 911 Operator – Video…

Fox Host Tucker Carlson broadcast a stunning example showing how average Americans are being terrorized by rampaging mobs as local and state officials do nothing.

In the example a woman driving with her daughter through Fredericksburg, Virginia, is attacked by a mob of Black Lives Matter thugs.  Panicked the lady calls 911 for help, the response from the 911 operator is to chastise the woman and tell her to “call city hall” with her complaint.   This is a prime example of what Marxist Democrats support.  WATCH:

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Turning Left – The Equality of Misery, NASCAR Edition…

Socialism destroyed NASCAR, now the corporation is marketing racism for a new audience. Here is how and why from a simple observer perspective.

Auto racing is exciting.  Auto racing racing is also dangerous; and became very expensive. Years of NASCAR success put them into the spotlight of big business; then another thing happened… A decision was made to make the racing “more competitive” through a series of rules and regulations that essentially made every car different but equal.  NASCAR followed the socialist corporate model.

NASCAR intentionally tried -and succeeded- to slow the cars down.

It’s too dangerous‘ the corporation said.  So restrictor plates, and rules, and regulations, and more rules, and even more regulations, until every minute detail of the car was governed.  If all cars are equal, the emphasis will be on driver skill the corporation said.

Race teams focused on an increasingly diminishing set of variables that could make a difference.   Pit crews were one example of emphasis…. until after a few seasons all pit crews essentially became equal.   And so it went, and so it went…

Throughout the process of extra safety, speed-limiting regulation and corporate-driven equality, guess what else happened… yup, NASCAR races became vanilla.  All drivers were created equal by corporate decree; audience share started dropping along with speedway attendance.  The racetracks saw more and more empty seats because corporate socialism was sucking the vibrancy out of an exciting and competitive sport.

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Black Lives Matter Con Artist, Shaun King, Demands All Images of White Jesus Destroyed…

Shaun King is a well known Black Lives Matter con artist who has grifted on racial grievance for a decade even lying about his own family and race.  Shaun King is white, provably white, and he found his professional & financial niche by conning black people, including Oprah Winfrey, into believing he is black.  [Shaun King]

After spending several years drumming up racial division King attached himself to the very first well publicized BLM effort in Ferguson Missouri. There was a lot of money to be made selling the completely false Mike Brown story; so Shaun King hooked up with DeRay McKesson to create the new financial conduit known as Black Lives Matter. His scams and cons are very well known to long-term CTH readers.

Together McKesson and King sell a toxic stew of Marxism, racism, and hatred; and as a consequence their business model intersects with Islamic extremism.  As we noted earlier there is a lot of similarity between 2010’s Islamist Spring and 2020’s BLM protests.  Here’s the latest example courtesy of the lying, liar who lies for a living:

Under the ideology of Black Lives Matter Islam is the dominant and preferred religion; Christianity is viewed as against their interests. The reason is simple, the doctrines of Islam are political, the doctrines of the BLM movement are identically political.

Within the overall U.S. movement Antifa is essentially white ISIS and the Black Lives Matter crowd are racial grievance activists funded by coastal liberals and Marxists.

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2010 Arab Spring Common Connections to the 2020 Black Lives Matter Movement…

It’s an interesting comparison to note.  The ideological interests behind the 2010 “Arab Spring” uprising are the exact same ideological interests behind the 2020 “Black Lives Matter” protests/uprising.  Not merely similar people, but the exact same people.

The exact same group of U.S. people who were promoting the mid-east Arab Spring in 2010 are the same people now promoting the 2020 Black Lives Matter protests.   The same politicians; the same media voices; the same newspapers; the same social media activists. Almost every participant, and their support for the uprising ’10 -vs- ’20 is identical.

In the background of the Arab Spring, the root control organization was The Muslim Brotherhood.  Considering all of the connective similarities; and considering the U.S. advocates for the brotherhood are the same voices advocating for BLM; does it not stand to reason the BLM movement is an extension of the same overarching ideology.

It is not an esoteric intellectual exercise to compare the two movements because we’re not only talking about a similar level of protest, we’re seeing an identical set of actions in both groups.  Not only are the advocates the same voices; but their purposeful action, the behavior to remove and destroy common cultural connection/heritage is the same.

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Domestic Terrorists – Three New York Police Officers Poisoned By Shake Shack Employees…

According to the New York Police, three police officers were “intentionally poisoned by one or more workers at the Shake Shack at 200 Broadway in Manhattan. After tasting the milk shakes they purchased they became ill, making it necessary for them to go to an area hospital. Fortunately, our fellow officers were not seriously harmed.”  (LINK)

The Shake Shack corporation previously aligned themselves with the Black Lives Matter movement.  Specifically the corporation said they were we’re taking action “to become better allies, not only for our Black colleagues, but for the entire Black community.”

Thus current Shake Shack employees can argue their attacks against police was their collective expression of social justice in carrying out the interests of the organization.

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Larry Kudlow Discusses Economic Reopening -vs- Media COVID Panic – Meanwhile, New York Manufacturing Index “Unexpectedly” Surges…

The U.S. media are in ideological alignment with blue state governors and congressional democrats to hype COVID-19 panic as a method to keep the economy from reopening.  To advance this narrative the crowds during mass protects they approve of are ignored; but any crowd at an event they do not align with is used to push panic. Everyone can see this.

The New York manufacturing index shocked everyone earlier today showing a strong rebound.  The index “unexpectedly” surged 48 points in June surprising all economic forecasters.   Meanwhile, National Economic Council Chairman Larry Kudlow appears on Fox News to discuss the dynamics.

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As Kudlow notes, President Trump is looking to use any potential phase-4 legislative package to inject a massive ‘America First’ boost, via tax incentives for manufacturing business interests to return to the U.S.  The administration does not see a need for additional direct spending, bailouts, or continued payments; however, this is an opportunity to provide tax incentives to boost U.S-centric economic activity.

It’s important to remember the dynamic of U.S. multinationals (Wall St), and how many of them align with Democrat and media efforts to hold down the U.S. economy. There are trillions at stake.

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New York Governor Threatens “State Action” Against Economic Activity After Refusing State Action Against Riots, Looters and Arsonists…

Comrade Cuomo is threatening to take enforcement action on behalf of the New York state Ministry of Coronavirus Compliance.

Today, New York Governor Andrew Cuomo is threatening “state enforcement action” against the citizens of New York for engaging in economic activity, violating his social distancing rules, not wearing masks and having “parties” against his COVID compliance dictates….

“Enforce the law or there will be state action”

Which is more than a little ironic considering the same Andrew Cuomo previously ruled out “state enforcement action” against riots, violence, looters and arsonists.

Rioting and looting don’t warrant state enforcement, but forget to wear a mask or stand too close to your cousin and there will be hell to pay.   Good luck trying to square that circle of stupidity.

Antifa Faction Of Occupy Seattle Group Turns Violent – CHAZ Community Attacks and Chokes Christian Speaker…

Things are slowly devolving into violent confrontation in the nation of CHAZ Seattle. However, the violence is not with law enforcement; the violence is internal as Antifa factions within the occupy movement begin doing what they are famous for, being violent.

An openly christian man walks into the occupied zone within Seattle, the Capitol Hill Autonomous Zone or CHAZ, to share the message of Jesus Christ.  The Antifa elements immediately confronted the man, threw him to the ground and began choking him.

The Christian Preacher professed his own humanity and proclaimed he was a “free man”, but the rulers within the CHAZ community would not accept his cries for freedom.

The Chazukstan mob surround the preacher, shouting at him, berating him, and eventually trying to beat him into submission.  At one point they sat atop the preacher in the same choking position that killed George Floyd. No-one noticed the irony.

In the videos below the occupying CHAZ mob can be heard cheering for blood shortly before they stole the preachers possessions.  The preacher said “stealing is not right” but the crowd did not care.  This is the anarchist nation of CHAZ, where the mob rules.

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