The Coming Recession: Is it the Big One?

While many conservatives like myself have been screaming about the federal government’s growth, spending and deficits, the outcome associated with these problems haven’t necessarily manifested themselves in a significant way. Well, that might all be changing.

As we look forward, we see inflation hitting heights not seen since the 1970s/1980s, and we see some of the world pushing back on the US Dollar hegemony. As the demand for dollars around the world slow with no contraction of the supply of dollars, you can expect the USD’s value to decline. This makes everything more expensive given we no longer manufacture things in the U.S. With the prices of goods costing more and more, you would expect demand to go down. When the demand for your currency goes down, the value of your currency goes down. Reduced demand for goods will lead to layoffs (i.e. higher unemployment). All of this means stagflation.

All of this pricing pressure will likely push the Fed to increase rates in order to stimulate demand for USD and stabilize prices. However, this will mean less and less is available for the bailouts and benefits that governments spread during such times which means a more disgruntled population and possibility of civil unrest.

Once this starts, I think it will unfold pretty quickly. The government required shutdowns due to COVID have us in a very precarious position. Will it all come crashing down? Don’t know. However, you need to prepare for some hard times ahead if I’m reading the tea leaves correctly.

The Return of the Supreme Court and Legislative Accountability

Despite all of the media meltdown and howling by Democrat politicians, the Supreme Court’s decisions this week did not set policy on any of the underlying issues. What it did was to force the legislatures to do the hard work that making laws requires. They can no longer rely on the permanent bureaucracy that has grown at all levels of government to do their bidding while simultaneously having no responsibility to the citizens for the erosion of personal freedom caused by the permanent bureaucracy. With no accountability and no way for an incoming administration to get rid of these bureaucrats, this fourth branch of government could continue the progressives march through the institutions regardless of the outcomes of elections.

Well, no more. In West Virginia vs. the EPS, the Court basically said to the lawmakers that you must specify the powers you are giving the administrative agency. No longer will we allow the agency to determine what congress meant to delegate.

All I can say is, it is about damn time!

Dinesh’s 2000 Mules

Was the 2020 presidential election stolen? That is the question many have asked over the past year and a half as we have seen people cancelled, prosecuted, banned off of social media, sued, etc. all for wanting to get to the bottom of it all.

Does Dinesh D’Souza’s movie 2000 Mules provide answers?

No, but it does present compelling evidence of what appears to be illegal activity associated with the 2020 presidential election. You can now put in context why the Democrat’s chant was “make every vote count.” The movie focused on certain jurisdictions where the vote was close and could sway a state.

My take after watching the movie is that a lot of votes were made illegal by the use of the mules and the non-profit locations that took custody of the ballots from the voters. Perhaps the people were entitled to vote legally, but there is also a possibility these votes were not made by the voter but instead by someone else. The movie makes it clear that the outcome of the election would have been different if those tactics were not employed or if those votes were deemed illegal due to existing laws. We likely will never really find out given the DoJ and FBI are no longer law enforcement organizations but Democrat political ones with no interest in finding the truth.

Given all of the jeers and yelling coming from the left occupying our government and media when you even bring this up, you should feel like you’re over a target. It is said that sunshine is the best disinfectant, and with the leftists in media and government throwing shade over this, makes me think there is something there.

I encourage everyone to watch the movie yourself. You can obtain a copy at https://www.amazon.com/2000-Mules-Documentary-Dinesh-DSouza/dp/B09YPJQLHZ.

2020 Election: Rigged or Not?

Mentioning issues surrounding the 2020 election will get you banned/blocked/suspended off of the major social media apps. To understand whether the election was rigged/influenced/manipulated, all you need to do is refer back to a February 2021 Times article. H/T to Dan O’Donnell.

His article This Insane 2020 Time Magazine Article Explains Exactly Why The Left Fears Losing Twitter lays out the analysis. It is always great to use the left language and its sites to prove what they say isn’t true. Always remember, actions speak louder than words.

Washington, D.C. – The world’s corruption capitol

Let’s not forget the past: Then: Florida couple say they recorded Gingrich’s call.

Or, more recently:  Unreal: Chuck Schumer Says Intelligence Community May “Get Back At” Trump For Tweet.“Appearing on ‘The Rachel Maddow Show,’ Schumer said, ‘Let me tell you, you take on the intelligence community, they have six ways from Sunday to get back at you. So, even for a practical, supposedly hard-nosed businessman, he is being really dumb to do this.’”

Now, the New York Times reporters Alexander Burns and Jonathan Martin leaked a recording allegedly of House Minority Leader Kevin McCarthy (R-CA) telling Rep. Liz Cheney (R-WY) that he would recommend to then-President Donald Trump that he should resign.

Is our government nothing more than bureaucratic hacks that do nothing but spy on Republicans? It certainly seems that way, and it has been going on for decades.

H/T Instapundit and American Thinker

“Climate Change is About Control, Stupid – Not The Environment” 

William L. Kovacs has the above titled post at the Watts Up With That blog that hits the nail on the head. You can see the same thing with the COVID-19 pandemic. Read the whole thing.

From the comments:

I posit that pretty much all we see in the world of ‘politics’ doesn’t have anything to do with actual politics, but everything to do with almost pure differences between two personality types: those who are self-confident and are happy to “live and let live,” contrasted with those who have no self esteem and who feel compelled to validate their miserable existence in their own tiny minds by exerting absolute control over everyone else, on every topic under the sun. The comedian John Cleese quoted psychiatrist Robert Skinner about that, who said “if people can’t control their own emotions, then they have to start trying to control other people’s behavior.” We see it everywhere from them wanting to control our voting behavior on down to what kind of light bulbs we use.

Exactly!

U.S. Government is Corrupt

The Securities and Exchange Commission has proposed regulations that will allow it to regulate private companies. Where in its mandate is this regulation of private businesses allowed? No where, but thanks to this regulator helping the green new deal types get their way, without the legislature passing a law, they will backdoor into regulating them. This shows what a sham the rule of law is in the country. It is well past time for someone to gut the pig which will kill all of the leaches sucking at its teats.

Our government has become a closed circuit of corruption between members of congress, former members of congress, former military personnel, etc. They were so hell bent to get the outsider, Trump, out before he exposed their Ukraine piggy bank as well as their Chinese one.

Now, This is a Problem

The most surprising thing this week to me has been the legacy media ignoring the report that Saudi Arabia is talking to China about accepting the yuan for payments of oil. The signal this sends is not good. You might be wondering why this is such a big deal.

Well, the U.S. has printing a significant amount of USD over the past 15 years. This isn’t a Democrat or Republican thing. Both parties have signed on to the large deficits we have incurred since 2008. COVID only exacerbated the issue given the multiple stimulus bills passed by congress. This has led to an expansion of the M2 money supply (something you never hear about).

You might ask why pricing oil in yuan is such a big deal. Well, most oil trades in USD. This creates a significant demand for USD given the volume of trading the happens everyday. This demand for USD allows us to import many things from consumer goods to raw materials. Without this demand, the value of the USD will fall increasing the inflation pressures we feel. The result may be

Over the past 30 years, the management philosophy has been to offshore the labor intensive work. Between the environmentalist pushing businesses to go green and move away from fossil fuels as well as Americans not wanting to do the hard/dirty work, we have become consumers of materials and goods mine, manufactured, etc. from second and third world countries. The COVID pandemic showed what folly this was as global supply chains cracked and U.S. manufacturers had to delay production, reduce staff and take other actions to deal with these delays. Now, with the war in Ukraine hitting us just as supply chains were beginning to heal, you now face accelerating inflation, additional shortages and further delays in manufacturing. Couple this with a tight labor force and accelerating inflation, and you have the making of the stagflation era of the ‘70s returning.

Now, enter the conversation about the yuan replacing the USD for some oil sales. Should that occur and the USD is no longer the sole reserve currency, what would the impact be? I believe you would have a reduction in the value of the USD pushing the price of the goods we import up. To combat this, the reaction would likely be in increase in interest rates to attract investments in USD. This would put pressure on the federal spending available for social programs as a larger percentage of the budget would have to go to interest. The higher interest rates required to offset the increase in M2 money supply we have seen over the past 15 years would certainly drive us into a recession. Without the flexibility to ”stimulate the economy” with “free money” due to the increased rates and a reduction in taxes associated with the recession, the government will likely have to cut domestic spending programs. Given today’s environment, this will lead to civil unrest like never seen in the U.S.

Things Must Be Really Bad For The Establishment: NY Times Finally Admits Hunter Biden’s Laptop is Real

It must be getting really bad in the halls of the temple of doom (aka Congress). Between inflation, high fuel prices, foreign policy blunders, and other things, the cabal must be getting nervous. I joked before that Biden was elected to serve up to a point at which time he would be taken out. Well, are we at that point?

You are starting to see the media cabal going off script and criticizing Biden. In addition, you have a couple of reporters asking pointed questions and not the normal softballs they have provided up to this point. But, the biggest indicator might be the NY Times finally admitting the Hunter laptop story was real. The New York Post has an editorial covering this. Read the whole thing.