Author: Author1
July Payrolls Beat Expectations Rising 943,000 As Unemployment Rate Tumbles
CNBC: With consensus expectations calling for a July payrolls print of 858K and whisper numbers starting at 1 million and rising (and Goldman going so far as expecting 1.175MM), moments ago the BLS reported that in July payrolls came in at a goldilocks 943K, comfortably beating the consensus but below a print that could be considered a clear trigger for “substantial progress” although likely sufficient for the Fed to signal the start of tapering at Jackson Hole.
While payrolls were solid, the unemployment rate was stellar, sliding from 5.9% to 5.4%, beating expectations of 5.7% as the number of people employed according to the Household Survey soared by 1.043 million to 152.645 million as the number of people um
Validating the solid unemployment rate data, the civilian participation rate also rose modestly from 61.6% to 61.7%. Read More
Biden to Push for Dirty Electric Cars Our Power Grids Aren’t Ready to Support
PJ Media: Joe Biden can’t go a single day without issuing some edict on behalf of his leftist supporters. The man who ran as a moderate Democrat will reportedly push for about half of all U.S. cars to be electric just nine years from now.
President Joe Biden will set a new national target on Thursday for the adoption of electric vehicles, calling for them to represent half of all new auto sales by 2030, according to senior administration officials.
“He who trusts in his own heart is a fool,
But whoever walks wisely will be delivered.” Proverbs 28:26
The target is expected to be supported by companies such as General Motors, Ford Motor and Stellantis, formerly Fiat Chrysler. Executives of the Detroit automakers are scheduled to attend an event Thursday at the White House and pledge EV sales of between 40% and 50% by 2030.
Of course they will. They’re all rent-seekers now and seek to curry favor with the government that will buy up a whopping proportion of the EVs they make.
Toyota may remain notably quiet about this. The world’s largest automaker has repeatedly warned that our power grids aren’t ready to power billions of EVs.
Elon Musk has said the same, and he’s atop the world’s largest EV automaker, Tesla. Neither Toyota nor Tesla oppose EVs. Neither do I, for that matter. They just don’t think our grids are ready to power them without very significant investment and overhauls. Who is going to pay for that? Biden’s bloated infrastructure bill doesn’t address it.
The alleged moderate Biden isn’t done messing with your car. Read More
India: The Future Of Fintech, Cashless Society, And Total Inclusion
Central bank of India, digital currency, digital wallet, Fintech
CDC Discusses Confinement, Internment Camps for Those at High Risk of China Virus
New American: The Centers for Disease Control is openly discussing internment camps for individuals with a high risk of contracting the China Virus.
Although a document at the CDC website appears to refer to settings outside the United States, the suggestion that governments should erect safe zones to quarantine healthy but at-risk people should alarm Americans already faced with mask and vaccine mandates.
“Though they join forces, the wicked will not go unpunished;
But the posterity of the righteous will be delivered’ PROVERBS 11:21
In New York City, for instance, hard-left Mayor Bill de Blasio has closed some public venues to those who aren’t vaccinated, and the state legislature has passed a bill to indefinitely arrest and contain those who don’t have the contagious disease.
It’s a short step from those measures to mandated confinement of the type CDC contemplates. Read More
Tucker Carlson: Rochelle Walensky now makes the laws, and she’s taking your private property
Fox News: The CDC gathers information about diseases and then releases guidance about those diseases to the country. The CDC does not make laws in this country. It’s not allowed to. Under the U.S. Constitution, making laws is the exclusive role of Congress.
“You shall not set your desire on your neighbor’s house or land…or anything that belongs to your neighbor.” Deut. 5:21 ESV
You vote for your senators and congressmen and they decide what the rules are. That’s known as representative democracy. It’s been our system for nearly 250 years. But apparently, it is now over. Rochelle Walensky now makes the laws. Walensky announced today that she has decided to nationalize America’s rental properties, millions and millions of them from Maine to California. Tenants are no longer required to pay their rent.
Property owners cannot evict them under any circumstances. Making someone pay to live on your property is now a federal crime. Try it, and you can wind up in prison, with hundreds of thousands of dollars in fines. At the same time, you should know, property owners will still be required to pay the banks that hold their mortgages. There’s no moratorium on mortgages.
Why? The banks are huge Democratic donors, and they’re getting the treatment they paid for. Sandy Cortez and The Squad aren’t calling for the banks to do their part. It’s property owners who will suffer, many of them members of the rapidly disappearing American middle class. Read More
Gantz: ‘Israel Ready to Strike Iran to Stop Atomic Program, Regional Aggression’
Algemeiner: Defense Minister Benny Gantz said in an interview Thursday that Israel was ready to strike Iran as the shadow war that the two have fought over recent years threatens to break out into the open.
Speaking to Ynet, Gantz was asked directly if Israel was prepared to attack the Islamic Republic, to which he responded in the affirmative, reported the Jerusalem Post. The defense minister added similar sentiments to those aired Wednesday at a meeting with diplomats from member states of the United Nations Security Council when he said that Iran was not only a menace to Israel, but also the region and the entire world.
“Persia, Ethiopia, and Libya are with them, all of them with shield and helmet; 6 Gomer and all its troops; the house of Togarmah from the far north and all its troops—many people are with you.” Ezekiel 38:5-6
Despite Iran’s denials and protestations that it is not seeking to use its nuclear program for the development of atomic weapons, but rather domestic energy consumption, the Jewish state is confident that the Islamic Republic — even during the days of the so-called Iran deal signed in 2015 — is attempting to develop the capabilities to manufacture a nuclear arsenal, while delivering those warheads via its highly-advanced ballistic missile program.
Gantz referenced the recent deadly suicide UAV attack against the commercial vessel Mercer Street in the Gulf of Oman last week, in which a British citizen and a Romanian national were killed — which Iran has denied being involved with.
“Iran seeks to pose a multi-front challenge to Israel and is building up its forces in Lebanon and Gaza, deploying militias in Syria and Iraq, and maintaining its supporters in Yemen. Read More
Farewell To Yet Another Failed Monetary System
Dollar’s Purchasing Power Gets Zapped. It’s Permanent
Wolf Street: This combo of massive QE, repressed interest rates, huge government stimulus with borrowed money, and raging inflation is new in recent history.
“When He opened the third seal, I heard the third living creature say, “Come and see.” So I looked, and behold, a black horse, and he who sat on it had a pair of scales in his hand.” Rev. 6:5
This stuff is now going on everywhere, all the time, at all levels. Polaris, the Minnesota-based manufacturer that makes the Indian Chief motorcycles, a variety of snowmobiles, off-road vehicles, and other vehicles, raised its prices in May in response to higher input costs, and now, a couple of months later, it is again contemplating price increases.
Big consumer-products makers have been announcing price increases, and sometimes sequential price increases, since earlier this year. This includes Procter & Gamble, Coca-Cola, Kimberly-Clark, General Mills, Unilever, and many others.
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It said that “inflation has been higher than we anticipated.” And that has been the universal truth all year. Read More
Rep. Rashida Tlaib Accused of Using ‘Anti-Semitic Dog Whistles’ During Speech (Again)
PJ Media: Squad member Rep. Rashida Tlaib (D-Mich.) gave a speech to the Democratic Socialists of America recently where she liberally used anti-Semitic tropes at the group’s national convention.
“We also need to recognize — and this is for me as a Palestinian American — we also need to recognize as I think about my family and Palestine that continue to live under military occupation and how that really interacts with this beautiful black city that I grew up in,” Tlaib began, referring to her hometown of Detroit. “You know, I always tell people cutting people off from water is violence from Gaza to Detroit. And it’s a way to control people, to oppress people. And it’s those structures that we continue to fight against.”
Who is “controlling” people in Gaza and Detroit?
“I know that you all understand the structure that we’ve been living under right now is designed by those that exploit the rest of us for their own profit,” Tlaib continued. “I don’t care if it’s the issue around global human rights and our fight to free Palestine or to pushing back against those that don’t believe in the minimum wage or those that believe that people have a right to health care and so much more. And I tell people, those same people, that if you open the curtain and look behind the curtain, it’s the same people that make money and, yes they do, off of racism, off of these broken policies. There is someone there making money and you saw it!”
It’s those people “behind the curtain” who are denying Detroit residents water and Palestinians human rights. Except “behind the curtain” was a very effective Nazi propaganda theme during the 1930s. Read More
Biden Accuser Responds to White House Dismissing Unwanted Touching Allegations as ‘Heavily Litigated’
Breitbart: The White House dismissed Tara Reade’s, one of President Joe Biden’s accusers, claims of unwanted touching as “heavily litigated during the campaign,” while saying Biden has “been clear and outspoken about the importance of women.”
“ For nothing is secret that will not be revealed, nor anything hidden that will not be known and come to light.” Luke 8:17
Reade responded to a clip on Twitter showing White House Press Secretary Jen Psaki responding to questions from a reporter asking if the White House would support an “independent investigation of allegations into the president” from a female Secret Service agent, Reade, and others.
The reporter mentioned there was an investigation into New York Gov. Andrew Cuomo’s (D) allegations.
Reade responded by tweeting, “Ask Psaki: Did I miss the investigation and litigation? I sure did not miss the smears and attacks on my character during Joe Biden’s campaign as I came forward. Was it safe to come forward? I think not.”
Asked by @NYPost's @StevenNelson10 if there should be an independent investigation of President Biden for his treatment of women, Jen Psaki says he's "been clear and outspoken about the importance of women" and claims against him were "heavily litigated during the campaign." pic.twitter.com/zyD7s9YVNa
— Curtis Houck (@CurtisHouck) August 4, 2021
IDF attacks terrorist infrastructure in Lebanon
Arutz Sheva: IDF fighter jets on Wednesday night attacked areas in Lebanon from which rockets were fired during the day toward the State of Israel as well as infrastructure used for terrorism, the IDF Spokesperson’s Unit said.
Another target was attacked in the area from which rockets were fired in the past.
“… and Esau said in his heart, “The days of mourning for my father [a]are at hand; then I will kill my brother Jacob.” Genesis 27:41
“IDF attacks will continue and even intensify in the face of terrorist attempts against the State of Israel and its citizens. The State of Lebanon is responsible for what happens in its territory. “The IDF warns of continued attempts to harm Israeli citizens and their sovereignty,” the statement said.
On Wednesday afternoon, sirens were sounded in Kiryat Shmona, Tel Hai, and Kfar Giladi after missiles were fired at Israel. Read More