Wednesday, July 6, 2022

Atlanta Fed Forecasts Official Recession With Negative GDP Growth in Q2

by Peter Schiff, Schiff Gold:

On July 1, the Federal Reserve Bank of Atlanta lowered its Q2 GDP projection to -2.1%, officially forecasting a recession.

So, much for Jerome Powell’s “soft landing.”

A recession is technically defined as back-to-back quarters of negative GDP growth. If the Atlanta Fed’s projection of negative growth in Q2 comes to pass, it will couple with the first-quarter decline of -1.6% to put the US economy solidly in recession territory.

Manufacturing Plants Aren’t Just Mysteriously Getting Burned Down In The United States, It’s Happening Around The World…

by Alicia Powe, The Gateway Pundit:

As Americans tackle accelerating inflation, skyrocketing gas prices and food and baby formula shortages following the manufactured COVID pandemic, manufacturing plants are mysteriously being burned down on a regular basis.

In 2021, Resilinc, a leading global supply chain monitoring and risk management firm that has been tracking disruptions at manufacturing plants for over a decade, was prompted to create a WarRoom to track the sudden uptick of supply chain disruptions.

California Governor Newsom is Running Ads in Florida: ‘Join Us In California’

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from Sputnik News:

In what some are speculating as an attempt to get ahead of the 2024 presidential race, California Governor Gavin Newsom has launched an ad targeting Florida Governor Ron DeSantis and his controversial rightwing policies. Both are up for reelection this year, but what does Newsom hope to achieve in targeting DeSantis?

Joe Says No: Biden White House Blocks New Atlantic, Pacific Oceans Drilling as Global Energy Demand Soars

by Simon Kent, Breitbart:

U.S. President Joe Biden has proposed blocking all new drilling in the Atlantic and Pacific Oceans as the world cries out for more energy from more sources far from Russia, the Middle East, and the OPEC oil cartel.

Biden is also moving to shut down exploration and production of oil and gas on onshore federal lands while acknowledging the importance of fossil fuels in the U.S. energy landscape, as Breitbart News reported.

Rockefeller Foundation’s Food and Energy Crisis Is Here

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by Mac Slavo, SHTF Plan:

Back in 2020, the Rockefeller Foundation “predicted” that their planned famine and energy crisis would crimple societies. Watching events unfold, humans shouldn’t have needed a globalist totalitarian system to tell them that all they knew was going to be crushed.

Many could see the writing on the wall long before the globalists and elitists telegraphed their plans. They needed to manufacture compliance and just as with the COVID-19 “vaccines” will manage to dupe many people. We picked up on the food shortages in April of 2020, months before the Rockefeller Foundation admitted that that was their plan:

Second World War landing craft emerges on bed of Lake Mead as water levels drop to their lowest in more than fifty years due to megadrought

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by Alex Oliveira, Daily Mail:

  • A World War Two-era Higgins landing craft has been revealed as Lake Mead’s waters continue to recede
  •  The boat was previously about 185 feet beneath the surface of the lake, but now rests halfway out of the water
  •  As of Friday, the water in in the lake was 1,043.5 feet above sea level. That is 4.5 feet lower than one month ago, over 25 feet down from the same time last year

Foreign Policy Fail: Biden’s Sanctions are a Windfall For Russia!

by Ron Paul, Ron Paul Institute:

It’s easy to see why, according to a new Harris poll, 71 percent of Americans said they do not want Joe Biden to run for re-election. As Americans face record gas prices and the highest inflation in 40 years, President Biden admits he could not care less. His Administration is committed to fight a proxy war with Russia through Ukraine and Americans just need to suck it up.

Last week a New York Times reporter asked Biden how long he expects Americans to pay record gasoline prices over his Administration’s Ukraine policy. “As long as it takes,” replied the president without hesitation.

Washington Has Conducted at Least 23 Secret Proxy Wars Since 2017

from 21st Century Wire:

The history of Washington’s covert overseas operations goes way back, even before the Cold War, with numerous operations being conducted before and during both World Wars. The purpose of these ‘shadow wars’ was normally the same: to destabilize any unfriendly governments and install a new regime with which Washington could ‘do business with.’ Unless you read certain international publications, you would hardly hear about any of these proxy wars, although in some rare cases such covert operations could eventually escalate into a full-blown conflict. 

Geopolitical Bombshell: Saudi Arabia in Discussion with China to Join BRICS+ Coalition. What Impacts on the Energy Market and the Global Economy?

by Sundance, Global Research:

It is very curious timing in this article from Newsweek, containing massive geopolitical implications, using identified Saudi Arabia sources, would come in advance of Joe Biden’s visit to the Kingdom of Saudi Arabia.

Is this strategic geopolitical pressure from Saudi leader Mohamed Bin Salman (MbS) ahead of the meeting with Biden; or is this a genuine possibility that looms as likely?  If the former, then Joe Biden is being geopolitically slow roasted by Saudi Arabia for his previous disparagements and ideological hypocrisy in his visit.  If it is the latter, well, then the tectonic plates of international trade, banking and economics are about to shift directly under our American feet.

Supreme Court Strikes Down Lower Court Rulings Upholding Magazine, Concealed Carry, and Semi-auto Bans

by Jose Nino, Big League Politics:

On the morning of June 30, 2022, the Supreme Court struck down four lower court rulings in the 9th Circuit, 3rd Circuit, and 4th Circuit. These Supreme Court’s rulings have now put gun control laws in California, Hawaii, Maryland, and New Jersey on the ropes. Lower courts previously upheld these gun control laws.

According to a press release by the National Association for Gun Rights, the gun control laws and the following appellate court rulings gave these states the power to prohibit standard capacity magazines, several semi-automatic rifles, and virtually prohibit the public carry of firearms.