COMING UP SHORT THIS MONTH.
Thought for the day
Two weeks ago the US took the historic step of lifting defense trade restrictions on Cyprus. This will take effect for the fiscal year 2023, and the policy will be amended October 1st, according to prior statements of Secretary of State Antony Blinken.
Like with the recent upgraded US F-16 transfer to Greece, Turkey isn't happy, also as military tensions continue to build over Ankara's charge that the Greek army is militarizing islands off the Turkish coast. Turkey now says it will send more troops and weapons to the Turkish-occupied territory of northern Cyprus.
Turkish President Tayyip Erdogan on Wednesday lashed out at the US-Cyprus partnership, warning that Washington's opening of weapons transfers will trigger an arms race on the divided island.
August 31, 2022, the U.S. Food and Drug Administration authorized the reformulated COVID bivalent booster shots by Moderna and Pfizer1 — all without the required convening of its Vaccines and Related Biological Products Advisory Committee (VRBPAC), which would typically discuss or vote on the authorization or approval of a new vaccine.
Instead, the FDA pushed the matter before the Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practices (ACIP). ACIP met for eight hours September 1, 2022, and authorized the untested boosters 13-to-1.2 3 CDC director Dr. Rochelle Walensky endorsed the recommendation later that evening.
Pfizer’s new booster, authorized for people age 12 and older, is a bivalent injection targeting Omicron subvariants BA.4 and BA.5, which are the two currently in circulation.
Moderna’s shot, authorized for adults only, aged 18 and older, targets the already extinct Wuhan strain and Omicron subvariant BA.1.4 The two bivalent boosters is only be available to those who have already received the primary two-dose series and/or a monovalent booster at least two months ago.5
Disney is laying off 28,000 workers. American Airlines and United Airlines plan to cut 31,000 workers. Last week's disappointing unemployment report shows that we have a long way to go. Perhaps a lot longer than we think.
I’m going to quote at length from my friend David Rosenberg, who I believe is absolutely spot on:
"You tally up these sectors and before the crisis, they supported 32 million jobs, or about a third of the private sector workforce, and it looks to me as though half of them are not going back to their old jobs.
"And I’m not sure many people understand that amusement parks, airlines, hoteliers and restaurants cannot stay in business at 50% capacity (or even 75% in the case of restaurants).
"… As it stands, the US Chamber of Commerce said that 25% of small businesses have already shut down. Another survey by Ipsos concluded that two-thirds are still nervous about leaving their homes; 59% say they intend to remain locked down on their own until signs emerge that the virus is 'fully contained.' A YouGov/CBS poll concludes that 85% of American households say they wouldn’t get on an airplane even if they could. That’s why the industry needs a bailout!
Hurricane Ian obliterated areas of southwest Florida this week – leaving a trail of death and destruction. The current death toll is at least 45 people, but that number is expected to rise as search-and-rescue teams access areas that have been isolated from the devastating effects of the Category 4 hurricane.
Hurricane Ian made landfall near the island of Cayo Costa with winds of 155 mph – just 2 mph short of a Category 5 hurricane on the Saffir-Simpson scale. Only three other hurricanes that hit Florida were stronger: Labor Day Hurricane (1935): 185 mph, Hurricane Andrew (1992): 165 mph, and Hurricane Michael (2018): 160 mph.
State regulators Friday asked a judge to place a property-insurance company in receivership, making it the sixth Florida property insurer declared insolvent this year amid widespread financial problems in the industry.
The Florida Department of Financial Services sought to be appointed receiver for FedNat Insurance Co., which canceled 56,500 policies in May and reached an agreement to transfer about 83,000 policies to another company in June.
Despite shedding the policies, FedNat remained responsible for claims and other types of obligations from before June 1, according to court documents. It notified the state Office of Insurance Regulation on Sept. 13 that it did not have enough money for what is known in the insurance industry as a “runoff” of the obligations.
Microsoft founder Bill Gates warned that political polarization in America could lead to civil war and “bring it all to an end.”
Gates’ comments came while speaking at this year’s Forbes 400 Summit on Philanthropy. The basis for his argument includes future election controversies.
“I admit that political polarization may bring it all to an end, we’re going to have a hung election and a civil war,” he predicted.
Gates also suggested that conspiracy theories involving vaccines and misinformation and his own role in their distribution are a contributing factor to the animosity felt across the country.
The Federal Bureau of Investigation is back in the news again with allegations of thuggery and lying to a judge.
Under the microscope is an infuriating scheme that involves the search and seizure of massive amounts of private money and assets from random safety deposit boxes last year in Beverly Hills.
Even for those who have studied the FBI over the years, this latest episode by the Bureau appears to be little more than organized thievery.
The latest Dem to be called out is Tim Ryan, who firmly believes people should do what he says and ignore what he does. However, we cannot help but notice how he fakes going green. Offthepress.com says, “Tim Ryan says the United States is ready to ban gas cars. Ryan was arguing in 2019 that socialist Bernie Sanders’s plan to ban gas vehicles wasn’t ambitious enough.”.
According to The Washington Free Beacon, Tim Ryan has chosen to stick with gas-guzzling cars on the campaign trail. The news source stated, “Ryan’s first Senate campaign ad features him riding around with his son in
a 2020 GMC Yukon. This car gets roughly 15 miles per gallon when driving around town. As he left a campaign stop in Zanesville, Ohio, last month, Ryan boarded a 15-mile-per-gallon Chevrolet Tahoe, another gas-guzzling SUV.”
Bank of America analysts issued a report on Friday warning that America’s military support for Ukraine in the conflict with Russia has pushed United States military stockpiles to “dangerously low levels” not seen for decades.
As part of $16.2 billion in support committed to Ukraine since Russia invaded in February, the Department of Defense (DoD) has sent approximately $8.4 billion worth of military equipment from its own weapons stockpiles through an authority known as “presidential drawdown.”
The analysts wrote in their Friday report:
Presidential drawdowns have pushed US weapons stockpiles to dangerously low levels that have not been seen for decades. On several ground systems, DoD officials have indicated that ammunition stocks have dwindled to levels that would be considered problematic during wartime.
Webmaster addition: "I know, you all wanted new schools, good roads, safe dams and such. But you know, governing is choosing. Governing is prioritizing. And right now my priority is to blow up the world!" -- Official White Horse Souse
Hurricane Ian recently made landfall in Florida as a dangerous Category 4 storm.
The storm has already brought heavy rain and life-threatening storm surge to the state, leading to flooding in many areas.
Ahead of the storm, some people on social media claimed that homeowners insurance policies don’t typically cover flood damage. Google search data show people are also asking whether renters insurance policies cover flood damage, and how to get flood insurance.
Like most of his predecessors, UN secretary general Guterres was installed by the self-declared master of the universe USA to serve its interests.
Operating as an imperial tool, he failed to fill the mandate he’s sworn to uphold.
Time and again in serving US interests, he flagrantly breached his sworn duty “to save succeeding generations from the scourge of war; to reaffirm faith in fundamental human rights; to establish conditions (promoting) justice…equal rights of men and women (in all nations and respect for) international law (and) social progress…to ensure…armed force shall not be used.”
He supports hegemon USA’s forever wars by hot and/or other means by failing to forthrightly condemn them.
Historic droughts and threats of water shortages are occurring around the world, as media reports highlight rivers — such as the Loire, Po and Danube in Europe — reaching historic lows.1 In China, a double threat of heat and lack of rainfall has led portions of the Yangtze river basin to go dry, affecting not only crops but also the drinking water supplies of people and livestock.2
In the U.S., the Colorado River is at “critical levels,” leading officials from the U.S. Interior Department to state that water use in the basin must be reduced “in order to avoid catastrophic collapse of the Colorado River System and a future of uncertainty and conflict.”3 Toward that end, Washington officials have now stepped in, announcing that certain water supplies to U.S. states and Mexico would be cut.4
Much of the crisis is blamed on human activities, but as James Corbett covers in “The Corbett Report,” they may not be the activities you’re thinking of, like driving cars but, rather, activities that are much more nefarious, like the intentional creation of a water crisis in order to gain totalitarian control.5
Pfizer CEO Albert Bourla has bailed on an appointment to testify before the European Parliament's special committee, where he was expected to face tough questions over secretive vaccine deals, Politico reports.
Bourla was scheduled to appear before the panel on Oct. 10, alongside key officials involved in the EUs vaccine procurement process, in order to discuss how to respond to future pandemics. According to the report, "Other pharmaceutical executives have addressed the committee, including the CEO of Moderna and senior officials from AstraZeneca and Sanofi."
A drought is drying up parts of the Mississippi River, a major export channel for corn and soybeans. Barges cannot haul farm goods at full capacity because of shrinking water levels, sparking a vessel shortage that has sent transport prices to record highs. It's another headache for the American farmer this harvest season.
Bloomberg reported the crucial US water artery for the Midwest economy is experiencing critically low levels at some points due to the lack of rain. Lower water levels mean barges reduce cargo loads to improve draft, so it takes more vessels to haul farm goods which have caused a vessel shortage on the waterway.
Barge rates this past week jumped to$49.88 per ton, the highest on record and up 50% from a year ago.
It is safe to say that any new technology being pushed by the global elite is not being pushed because it’s better, but only because it destroys individualism and freedom.
A lawsuit filed against President Biden has shed some light on the shocking extent of collusion between federal agencies and Big Tech in illegal censorship activities online.
The amount of military aid the United States will send to Ukraine is about to hit $65 billion once the new nearly $12 billion package Congress is attempting to negotiate inevitably pushes through.
America’s domestic natural gas consumption is being threatened by record liquefied natural gas (LNG) exports to Europe. According to a study by Reuters, shale producers in the U.S. are struggling to address the rising demand for domestic and international natural gas.
House Speaker Nancy Pelosi (D-CA) faced backlash Friday afternoon after she was accused of exploiting migrants for cheap labor by stating at a press conference that migrants were needed to “pick the crops.”
Vice President Kamala Harris (D) faced backlash online Friday afternoon after saying that the Biden administration was prioritizing giving disaster relief to minorities for the sake of “equity” because the administration wants everyone to end up “in an equal place.”
Thousands of Floridians without flood insurance could face financial ruin in the wake of Hurricane Ian, which first hit the Gulf Coast as a Category 4 hurricane on Wednesday, according to a new report.
Conservatives slammed CNN after the outlet accused a Republican congressional candidate of having “ties to white nationalists.”
Vice President Kamala Harris (D) was called out Friday evening by entrepreneur Elon Musk after saying that the Biden administration was prioritizing giving disaster relief to minorities for the sake of “equity” because the administration wants everyone to end up “in an equal place.”
Official figures published by the UK Government reveal the fully/triple vaccinated population have accounted for over 9 in every 10 Covid-19 deaths in England over the past year, 91% of all Covid-19 deaths since the beginning of 2022, and 94% of all Covid-19 deaths since the beginning of April 2022.
Evidence is mounting that the U.S. housing market may be deteriorating faster than it did in the 2008 recession. This has sparked speculation that home prices may be in for a more brutal pullback than many economists projected.
With 30-year fixed mortgage rates trending over 6% for the first time since 2008, demand for homes is down substantially from last year’s peak. Data from the National Association of Realtors (NAR) shows July home sales fell nearly 20% year-over-year. Furthermore, rent prices are up almost 30% from last year, primarily attributed to single-family rentals. This reflects the fact that many would-be home-buying families are opting to rent instead of committing to a down payment on a house.
Furthermore, the Biden administration’s cherry-picking of data has come back to bite it, with even its selected data points now being revised to indicate a recession. And while these numbers confirm the economy shrank in the first half of the year, the rest of this year holds little promise of recovery.
The economy, as measured by gross domestic product — the total value of all goods and services produced within the nation’s borders — shrank in the first two quarters of the year, but, in Orwellian fashion, the White House was quick to roll out its latest newspeak and declare that this no longer meant a recession. The Biden administration cited seemingly robust growth in gross domestic income to counter the decline in GDP. Yet for some reason, it is silent about today’s revised data.
That is probably because gross national income — the total amount of money earned by the nation’s people and businesses — was revised heavily downward from 1.4% to just 0.1% in the second quarter. The average of gross domestic product and gross domestic income is considered a supplemental measure of economic activity, and Treasury Secretary Janet Yellen, among others, used this as proof the nation was not in recession, since the previous average was 0.4% growth in the second quarter.