X22 Report

Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The green new deal is failing, more and more studies are coming out that are debunking the claims of the [CB] and the [WEF]. Biden is helping the people of Ukraine with their pensions and turning his back on Americans. Trump sends message about inflation, says it doesn't have to be this way. The [DS] has been trapped again by Trump. They caused the problem in Ohio and they turned their backs on the people. Trump says he will help the people and Biden now looks like a fool. Cuomo is back in the spotlight and the nursing home scandal is back. The [DS] is trying to keep Trump out the WH and Trump is attacking them and calling them out. Trump can now see who is loyal and who is not. Sometimes plants need water.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy New geological study proves that the green energy movement is impossible to achieve  The Greenies never researched whether or not there are sufficient base and rare earth metals and adequate time to mine and build out the technologies to accomplish the net zero carbon 2050 target date. Simon P. Michaux of the Geological Survey of Finland has compiled an exhaustive study dismantling the overly ambitious task of phasing out fossil fuels.  His comprehensive analysis focuses on the required physical material resources and the extraction timeframe to create renewable energy generation systems.  A PowerPoint summary of his thousand-page study can be downloaded here. The comprehensive study found that the current estimated metal reserves are woefully deficient in almost every category.  The table below lists base and rare earth metals requirements to build the new grid and E.V.s.  Deficits are yellow-highlighted.  For example, copper is an integral part of a high-voltage grid system, coming up short by a shocking 3.7 billion tons.  Can we dig enough open mile-deep ore pits to meet that shortfall?  Improbable.   Petrochemicals from oil and natural gas make over 6,000 everyday products indispensable to modern society.  There are no known alternative substitutes for hydrocarbons.  Yet the climate change fanboys catastrophically ignore petrochemicals that provide many indispensible goods. Europe’s embargo of Russian oil and natural gas, along with the terroristic sabotage of the Nord Stream pipelines, is exposing the myth of green energy.  As a result, Germany, the poster child for green energy, has resorted to heresy by reactivating its mothballed coal-fired power plants.  Unfortunately, importing high-cost natural gas, petroleum, and distillates to compensate for lost Russian imports is insufficient to meet demand.  Germany needs a substantial volume of hydrocarbons to produce petroleum-based products (i.e., BASF Chemicals) and sufficient electrical generation; otherwise, it will have to de-industrialize.  Good luck with that.   The math doesn’t support the net zero activist movement’s rhetoric.      Source: lifesitenews.com https://twitter.com/SlavichMacho/status/1626993701225365505?s=20 https://twitter.com/JohnBasham/status/1626925416265949184?s=20 https://twitter.com/RadioGenova/status/1627226204079026178?s=20 CBO Director: We’re Facing ‘Weakening Economy with High Inflation’ in First Half of 2023 and ‘Large Deficit That’s Set to Persist’  Congressional Budget Office (CBO) Director Phillip Swagel stated that while it is mathematically possible to balance the federal budget within ten years without touching Social Security and other entitlement programs,

Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture When Obama was in the WH, he wanted to control water on people land, Trump removed this and Biden brought it back. People are moving out of CA and NY. OPEC+ are going to continue to cut production. AG Paxton is going after the House, they passed the spending bill without a quorum. The [DS] is trying to get back at the patriots, they are creating chaos and anarchy. Their pyramid is collapsing, they are fighting for the their lives and they do not have the ammunition to use on Trump. Trump and the patriots have all the leverage, one of their last attempts is to try to beat Trump in the 2024 elections. Soros just entered the picture and he is now backing DeSantis. Why choose DeSantis, because they believe they can win and then have DeSantis lose the Presidency. Lets see how this all plays out in the end.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy BREAKING: Half of States in U.S. Sue Biden Over New Rule Targeting Farmers A group of 24 states has filed a lawsuit against the Biden administration’s Environmental Protection Agency (EPA), asserting that a newly implemented environmental regulation is unlawful and would have detrimental effects on their residents. The lawsuit was filed in a federal court on Thursday. The states claim that the regulation targets farmers and landowners and is in violation of the law.West Virginia, Georgia, Iowa, and North Dakota are leading a group of 24 states in the lawsuit against the Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers. The lawsuit claims that the recently introduced Waters of the United States (WOTUS) regulation, which was revealed in December, undermines the states’ jurisdiction over water bodies and the surrounding land. The lawsuit specifically targets the EPA and the Army Corps of Engineers, who were responsible for approving the regulation.   In the rule, EPA asserts federal jurisdiction over land and water that has no connection to navigable waters. This goes beyond what the statute provides in the Constitution.”   However, a coalition of 24 states, led by West Virginia, Georgia, Iowa, and North Dakota, filed a federal lawsuit against the Biden administration, arguing that the regulation is unlawful and infringes on their authority to regulate bodies of water and surrounding land. The Trump administration had relaxed federal protections on water sources that it deemed not requiring federal oversight, by reversing the Obama-era rules. However, a federal court overturned the reversal in 2021. Source: trendingpolitics.com San Francisco Bay Area Housing Market Crashes, Prices Plunge 35% from Crazy Peak: Where’s Demand Supposed to Come From?  In the first 10 months of Housing Bust 2 (now), the median price plunged a lot faster than in the first 10 months of Housing Bust 1 (2007-11).  . The City of San Francisco alone lost about 56,000 residents, or about 6.3% of its population, in the period of 2020 through 2022, according to Census data, even as about 12,000 new housing units were completed over the same period. Sales of single-family houses in the Bay Area plunged by 37% in January compared to January last year. The sales plunge has been in the same year-over-year range for months. Source: wolfstreet.com REPORT: California Has Lost Half A Million Residents In Just Two Years The combination of Governor Gavin Newsom, the pandemic, crime and taxes has been horrible for the state of California. While states like Texas and Florida have seen large populatio...

Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe green new deal is failing, the cars are to expensive and the people are not going to sacrifice so they can drive an electric car. The people will not continue to sacrifice as the [CB]/[WEF] push their agenda. The people will reach the precipice and push back. The [DS] is now using anarchy and chaos to keep the news cycle clogged. The evidence is pouring out and they don't know how to stop it. Epstein, money laundering, crimes against humanity are all on deck, the [DS] is fighting for their lives and the people are learning the truth. The [DS] is now pushing people to go up against Trump in the election, this will fail, Trump is watching the board to see who is loyal and who is not. These people will enter the quicksand never to be heard from again.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Ford’s Electric Truck Plans Go Up In Smoke After Battery Fire Ford will pause production of its signature electric pickup truck for several weeks, after a battery issue led to a fire in one truck during a pre-delivery quality check,   The fire occured on Feb. 4 and spread to a nearby vehicle, prompting the company to both suspend production and halt shipment of trucks that had already been produced, CNBC reported Wednesday. It could take “a few weeks” for the company to resolve the issue and resume production, but it has “no reason” to believe that the issue affects vehicles that had already been shipped to customers, a Ford spokesperson told the DCNF. (RELATED: Ford Slashes Thousands Of Jobs In Europe As It Pivots To Electric Cars) Source: dailycaller.com https://twitter.com/RepDanBishop/status/1625903043924439042?s=20 Political/Rights https://twitter.com/RealSaavedra/status/1625995309061926914?s=20 https://twitter.com/kylegriffin1/status/1626302907304869889?s=20 Secret China Donations to University of Delaware Soared After the Opening of the Biden Institute  A second university has been found to have received more than $6.7 million in anonymous donations from China, including direct funding from the Chinese government, after Joe Biden set up a program there in his name, according to a Government Accountability Institute analysis. The revelation comes following reporting that anonymous China-linked funds flowing to the University of Pennsylvania almost tripled after the inauguration of the Penn-Biden Center, which illegally housed classified documents. On March 13, 2017, less than seven weeks after concluding his second term as vice president, Joe Biden announced the founding of the Biden Institute at his home state’s University of Delaware (UD). According to the announcement, part of Biden’s “vision for the institute is an annual conference at UD, similar to the World Economic Forum or the Aspen Institute.” At the time of Biden’s announcement at UD, multiple members of the Biden family were working on deals worth millions of dollars with foreign businessmen linked to the highest levels of Chinese intelligence. And Biden’s other university program at the University of Pennsylvania was apparently housing classified documents from the Obama-Biden administration in an improper way. In 2020, the year that Biden was campaigning for president, anonymous Chinese state-linked entities sent three more payments totaling $1,005,761 to UD, the bulk of which arrived after Biden had been declared the president-elect. Three of these donations from China—with a combined total of $1,005,761—were reported as coming from a “Foreign Government Source,” according to the U.

Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe Green New Deal is dead, the [CB]/[WEF] will continue to push it because they can't stop now. People are realizing certain corporations are in line with China and the GND. Soon Biden will not be able to explain what is happening to the economy, buckle up. The [DS] narrative is failing and when they take on a new narrative watch how quickly it breaks down. They are playing up the idea that Durham is finished and he has nothing, he will write a report about his failures. Remember Durham does not leak information, they are panicking. Trump is now shifting tactics on election ballots. The [DS] is going to push the opposite, watch what happens next. The [DS] is in trouble they are not in control, they are fighting for their lives.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Clandestine@Clandestine Greta killed a bunch of trees and charges $30 a pop to read the information she claims is necessary to save humanity from climate disaster. If she was serious about the environment and public awareness, she would provide it for free, digitally. These people are pathetic.   https://twitter.com/robertcobrien/status/1625633870107521024?s=20 Ford Slammed For Teaming Up With Chinese Company To Build Batteries: ‘Becoming A National Security Threat’ Ford Motor Company faced backlash this week for moving forward with a project to collaborate with a Chinese company to build batteries in Michigan for the automaker’s electric vehicles. The news comes as the struggling auto brand lost billions of dollars last year under the leadership of CEO Jim Farley in part because of bad investments and poor vehicle quality which has led to expensive recalls, according to a report from The New York Times. Ford’s deal with the Chinese company Contemporary Amperex Technology Co. comes after Republican Virginia Gov. Glenn Youngkin removed his state from a plan to attract the automaker specifically because of its connection to the Chinese company. “I look forward to bringing a great company there,” Youngkin, a highly successful businessman, said in an interview last month. “It won’t be one that uses kind of a Trojan-horse relationship with the Chinese Communist Party in order to gain.” Source: dailywire.com https://twitter.com/RepThomasMassie/status/1625839199940227073?s=20 Joe Biden Falsely Claims Food Prices Are ‘Continuing to Come Down’  President Joe Biden falsely claimed food prices are coming down after Tuesday’s inflation report revealed prices at the grocery store actually increased in January. https://twitter.com/RepAndyBiggsAZ/status/1623146779297415168?s=20   Source: breitbart.com Food inflation. The CPI for “Food away from home”– restaurants, vending machines, cafeterias, sandwich shops, etc. – jumped by 0.6% for the month and by 8.2% year-over-year, the sixth month in a row of 8.0% or more. The CPI for “food at home” – food bought at stores and markets – re-accelerated to an increase of 0.4% in January from December. On an annual basis, the CPI for food at home rose by 11.3%, the 11th month in a row with double-digit year-over-year increases. Food at home by category MoM YoY Overall Food at home 0.4% 11.3% Cereals and cereal products 1.3% 15.9% Beef and veal 1.1% -1.2% Pork 0.0% 1.5% Poultry -0.1% 11.2% Fish and seafood -0.1% 4.0% Eggs 8.5% 70.1% Dairy and related products 0.0% 14.0% Fresh fruits 0.8% 3.0% Fresh vegetables -2.3%

Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The people around the world are fighting back, the Dutch farmers are ready to protest. Biden is right on schedule, fuel prices are moving up and now it is time to release the SPR. Inflation is not under control if fuel prices are moving up. The currency war has begin, we are approaching the crisis, be prepared. The [DS] narrative has fallen apart, the objects in the air was a distraction from the truth and facts that were pouring out. More damaging information is about to drop which means the [DS] will most likely push many events to distract the people. Pence is pushing back against JS subpoena, they will make them force it to set a precedent, all of this will be used against them in the end. Trump and the patriots have all the leverage, no deals.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy  The Layoffs Continue: Ford To Cut 3,800 Workers In Europe  The Detroit automaker announced this week it is going to be cutting 3,800 jobs in Europe over the next three years, adding to a growing slate of U.S. based companies and manufacturers looking to cut jobs and tighten budgets as the economy continues to tumble toward recession. Ford is blaming the layoffs on "economic headwinds and increased competition in electric vehicles," according to Reuters/Business  Specifically, 2,300 jobs are going to be cut in Germany and 1,300 jobs will be cut in the United Kingdom. Ford's plans of offering an all-electric fleet in Europe by 2035 remains unchanged, the report says. Source: zerohedge.com BIDEN ECONOMY: Inflation Up 6.4% – Higher than Expected – “Household Budgets…Stressed, Strained and Broken   Household budgets have really been stretched, strained and broken over the course of the past couple of years because of the consistent increases in prices.  But because it’s also been most pronounced in those categories that are necessities.    Inflation as measured by the CPI is up by .5% in January. This is disappointing as analysts were projecting a lower rate. The cost of items that affect families the most are way up under Biden.  Americans are seeing it in their grocery bills and when dining out.   There’s no hiding it. CNBC reported moments ago:  The consumer price index, which measures a broad basket of common goods and services, rose 0.5% in January, which translated to an annual gain of 6.4%. Economists surveyed by Dow Jones had been looking for respective increases of 0.4% and 6.2%. Source: thegatewaypundit.com   Biden Suddenly Orders Release Of Another 26 Million Barrels From Strategic Oil Reserve  ... on Monday afternoon, the Biden administration announced plans to sell more crude oil from the SPR, claiming it is fulfilling budget directives mandated years ago that it had sought to stop as oil prices have stabilized. Of course, the upcoming sales which will more than offset last Friday's announced Russian production cut of 500kb/d, have nothing to do with the recent spike in oil and gas prices. According to Bloomberg sources, the congressionally mandated sale will amount to 26 million barrels of crude, and is "in accordance with a budget mandate enacted in 2015 for the current fiscal year", said a spokesperson for the Department of Energy. The Energy Department has laughably sought to stop some of the sales required by 2015 legislation so that it can refill the emergency reserve, which currently has about 371 million barrels. After this latest release, the reserve will dip to about 345 million barrels,

Watch The X22 Report On Video No videos found The Biden admin lied again, they were working with the [WEF] to create a report that says gas stoves are dangerous. DeSantis is now going after woke financial institutions, every governor should be doing this. Trump trapped the D's with the tax cuts. The [DS] is feeling the pain, we are witnessing a full force narrative shift, this has already failed, they are getting caught up in their narrative. The freedom of information is now flowing out and the [DS] cannot stop it, this is why they are pushing back hard now, they are feeling the pain.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Biden admin met with woke group that funded fake study linking gas stoves to asthma It has been revealed that Energy Secretary Jennifer Granholm met privately with the leader of the group that funded a recent study used to justify calls for bans of gas-powered stoves despite the Biden administration claiming that they weren't seeking such a ban. According to an internal agency calendar obtained by the government watchdog group Americans for Public Trust, Granholm met with the CEO of the Rocky Mountain Institute (RMI) Jules Kortenhorst,  . Climate activist Kortenhorst also chairs the World Economic Forum’s Global Future Council on Net Zero Transition and founded the Energy Transitions Commission. While the calendar didn’t include an agenda for the meeting, it was held over Zoom and lasted around one hour. RMI funded a study, which was written by RMI researchers Talor Gruenwald and Brady Seals, earlier that made headlines earlier this year, which highlighted public health dangers posed by the use of gas stoves in homes. The study linked the usage of gas stoves to childhood asthma, one of the claims used to push the ban on gas stoves. US Consumer Product Safety Commission Commissioner Richard Trumka Jr told Bloomberg at the time that "this is a hidden hazard" and "Any option is on the table. Products that can’t be made safe can be banned." The RMI’s board is also filled with executives from green energy corporations, including Wei Ding, founder and chairman of Chinese private equity firm Broad River Capital. Source: postmillenial.com https://twitter.com/RepThomasMassie/status/1625090008360144896?s=20 https://twitter.com/BasedMikeLee/status/1624800568123219975?s=20 DeSantis Announces Plan To End ‘Woke Banking’ In Florida Republican Florida Gov. Ron DeSantis announced proposed legislation Monday designed to end “ESG woke banking” in the state, slamming ESG as an “elite-driven phenomenon” that seeks to impose policies which would otherwise “never win favor” with the public. https://twitter.com/GovRonDeSantis/status/1625193659204309020?s=20 The proposal would also create protections for Florida citizens against discrimination by big financial institutions for their “religious, political, or social beliefs.” DeSantis argued the standards often target “disfavored” groups, such as Second Amendment advocates and companies like The GEO Group, a Florida-based private corrections company that holds a contract with U.S. Immigration and Customs Enforcement (ICE). Source: dailycaller.com Donald J. Trump@realDonaldTrump ·wsj.com/articles/federal-reven Opinion | Federal Revenue Did Well Under the Trump Tax Cut Democrats are touting a GAO report as evidence that corporations don’t pay up. They’re wrong. www.wsj.com Despite recently passing legislation that will impose hundreds of billions of dollars in taxes on America’s job creators,

Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The people around the world are protesting, they see the economic system breaking down. The lies the [CB]/[WEF] have been pushing is not working, they are backfiring on them. The more they push the worse it gets. The [DS] is panicking, they do not control the narrative and the people are learning the truth. As the facts come out the [DS] will need to stop it. They are now pushing a UFO distraction and they want the people to look over there instead of where the truth is. Durham doesn't seem like he is the only one investigating. More and more evidence shows that the new SC is investigating election fraud. The case is being built, it is only a matter of time.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy  https://twitter.com/TomFitton/status/1624629867831590915?s=20 Nevada Governor Declares State of Emergency After Major Fuel Pipeline Leak (VIDEO) On Friday night, Nevada Governor Joe Lombardo (R) declared a state of emergency after a fuel leak was detected in Southern California, causing the pipeline that supplies Las Vegas and southern Nevada to shut down. Drivers are already waiting in huge lines to fill up their tanks as the shutdown of the pipeline causes widespread concern despite the governor’s appeal.   According to Kinder Morgan Energy Partners, which operates the impacted pipeline, the leak was first discovered on Thursday at a pumping station in Long Beach, California. Source: thegatewaypundit.com https://twitter.com/SpeakerMcCarthy/status/1624193899022675969?s=20 TAKE A LISTEN Political/Rights https://twitter.com/AntonioSabatoJr/status/1624206558480551937?s=20 Donald J. Trump@realDonaldTrump People aren’t buying Fake News anymore. It will only get worse for the Washington Post, the Failing New York Times, and all of the Networks and other Lamestream Media that don’t report the news as it is. dcenquirer.com/trump-proven-ri Trump Proven Right As The Washington Post Loses 500K Subscribers And $70 Million Since He Left Office - DC Enquirer By: Reed Cooper | President Trump always said media ratings would plummet without him. He is, as always, correct! DC Enquirer Donald J. Trump@realDonaldTrump AT&T must reinstate Newsmax immediately, and OAN while they’re at it, because it’s only going to get worse for AT&T as people flock to leave both their stock and their platform. Welcome to the Trump Era! newsmax.com/us/directv-at-t- AT&T Stock Loses $10 Billion in Value After Newsmax Drop Since DirecTV dropped Newsmax on Jan. 24, AT&T's stock has fallen by almost 7%, wiping nearly $10 billion from its market value. www.newsmax.com Donald J. Trump@realDonaldTrump So Ratings Challenged, FAKE NEWS CNN, which just had their lowest & worst numbers in History, wants to give wacky liddle’ Bill Maher a shot at bringing them back to just normal “bad” when Bill Maher suffers from the same affliction as CNN — BAD RATINGS! How’s that for television “programming?” Actually, there’s only one person that can save CNN — he’s done it for 6 years — “TRUMP,” but he’s not available, he’s going to WIN the Presidency for the THIRD time, & save our Country from going to HELL! Judicial Watch: Secret Service Official: ‘Maybe We Were Asked For a Favor?’ in Investigation of Hunter Biden’s Gun After Agency Played Cleanup Crew   Judicial Watch on Friday announced it received hundreds of pages fr...

Ben discusses how everything is about to change. The [CB]/[DS] were using FTX to move their fiat currency into the new system and it did not work, the good guys stopped. The [DS] no longer believes that currency is the way to control the population, they have now moved onto controlling energy, specifically electric. They believe they can control peoples lives by having the ability to shutdown system if the people do not do what they want. This plan is failing, Trump is using the ultimate weapon, the truth to destroy their entire plan.

Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe [DS]/[HRC] players are now pushing their climate change, the people will not accept this in the end. We are now in a recession and we are waiting for step 2 of the process, for corporate profits to fall, which lead to layoffs. It's not different this time. The [DS] has no place to hide, the entire propaganda narrative has fallen apart and the people are asking alot of questions, those with the knowledge will need to explain what is happening. Trump says we are going to get there but its going to take time. The people are needed in this operation but slowly but surely the brainwashing is failing, the people need to seed the facts and docs to believe. They need to see it with their own eyes, it is happening.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Liz Crokin@lizcrokin Hillary Clinton announced the launch of a global “Climate Resilience Fund” under the Clinton Global Initiative (CGI). Meanwhile, Biden appointed John Podesta to oversee the rollout of $370 billion in climate legislation. And let’s not forget Jeff Epstein claimed to be a co-founder of the CGI. Nothing to see here.     Beware: The Fed Thinks It's Different This Time  The four deadliest words in life are ‘it’s different this time’. Anyone who utters these words usually ends up being carried away, feet first. So, it’s especially worrying that the ‘it’s different this time’ narrative is coming from none other than the world’s most important central bank, the US Federal Reserve. Through the past 75 years, the US unemployment rate has either not gone up meaningfully, or it has gone up by a lot. The US unemployment rate has never gone up by ‘just’ 1 percent. Yet when asked at last week’s press conference if the cost of killing inflation could be kept to the unemployment rate going up by ‘just’ 1 percent, Jay Powell answered: “Yeah, absolutely it’s possible… this is not a standard business cycle where you can look at the last ten times there was a global pandemic… it is unique” The Sequence Of Events Leading To Recession Is Always The Same The backdrop to every business cycle is ‘different this time’. But the chain reaction that takes the economy into recession is always the same. First, sales decline relative to wages. Second, firms’ profits plunge. Third, firms lay off workers. Fourth, at a tipping-point of a 0.5-0.6 percent rise in the unemployment rate, consumers take fright and increase their precautionary saving, and banks slow their lending. Fifth, this further slowdown in spending is the self-reinforcement which causes the unemployment rate to go up by at least 2 percent. Meaning, a recession. This chain reaction explains why the US unemployment rate is non-linear: it either doesn’t go up meaningfully, or it goes up a lot. If the chain reaction breaks down before stage four, then unemployment doesn’t rise meaningfully, but if the chain reaction gets to stage four, then unemployment rises a lot. The latest employment data shows that the US jobs market remains red hot, but this should come as no surprise. To repeat, firms only lay off workers after their profits plunge. Not before. So far, the chain reaction is only at stage two. Sales are declining relative to wages, but economy-wide profits have not declined enough to trigger widespread layoffs.   Source: zerohedge.com Political/Rights Trump Prophecy Befalls Another Media Outlet: NBC, MSNBC Layoffs Prompt Strike

Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture Banks are beginning to collapse, people are taking their money out of the system. Woke companies are having a difficult time. Biden is destroying the economy and Trump is giving solutions on how to save the country and reverse it all. The [DS] never expected for [HRC] to lose, they never expected that their treasonous acts would be exposed. The evidence is coming out, how to you legally insert the evidence. Trump and the patriots have trapped the [DS] and they have run out of ammunition, they are using the old playbook and it is not working. The old playbook has been debunked now they are in trouble.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Credit Suisse Craters After "Staggering" Bank Run And Warning Of Continued Losses   There was some other tangential news reported by the bank, including: The bank also confirmed a Bloomberg scoop by saying that it will slash its bonus pool by half compared with last year, raising questions about its ability to retain staff. It also unveiled a “transformation award” for a limited number of staff that’s one response to those concerns. Additionally, the investment banking carve-out of Credit Suisse First Boston - yes, Credit Suisse is so ashamed of its name it hopes to gradually transition into the bank it bought two decades ago - is taking shape, with the absorption of Klein’s boutique firm in a deal valued at $210 million and an intention to publicly list or spin off the unit by the end of 2024. And on costs, Credit Suisse has managed to cut 4% of staff, inching towards the 17% or 9,000 total job cuts they plan by 2025. Source: zerohedge.com Disney’s Woke Streaming Services Still Losing More than $1 Billion a Quarter as Bob Iger Tries to Rein in Spending https://twitter.com/edmundlee/status/1623431436429557762?s=20 Poll: Most Americans Are Paying More for Groceries, Expect to Pay Even More  The majority of American adults say that they are sending more groceries compared to a year ago, and most also expect to pay more than they already do. The latest Rasmussen Reports poll found that 85 percent of 1,000 American adult respondents say they are currently paying more for groceries than they were a year ago.   However, the percentage of respondents who say they currently pay more for groceries than they were a year ago is slightly down from last August. At the time, 89 percent said they were paying more. The current poll also found that a majority (57 percent) believe they are going to spend a higher amount on groceries a year from now. Source: breitbart.com https://twitter.com/IAPolls2022/status/1623349422615678976?s=20 Liz Harrington@realLizUSA “I have a vision that will give young Americans a chance to find real meaning and work once again…building the backbone of America that is powerful, prosperous, productive, vigorous, modern, independent, and free. We will be great again as a country under the next Trump administration. The return of American jobs and the American dream will be powered by the return of American energy.” rumble.com/v28w5uc-agenda47-pr Political/Rights BREAKING: John Fetterman rushed to hospital, currently undergoing tests "Initial tests did not show evidence of a new stoke, but doctors are running more tests and John is remaining overnight for observation." Pennsylvania Democratic Senator John Fetterman was rushed to hospital Wednesday night after "feeling lightheaded."Fetterman previously suffered a stroke on May 13 2022,