NELLES: How The Mississippi River Could Complicate U.S. Inflation.

What do agricultural products, fertilizer, oil, and coal have in common?They all travel on the Mississippi River to reach the consumers who use those commodities.The challenge is that the river is at historically low levels and the barges carrying these products cannot transit. Per Bloomberg, a drought has created low water levels that “are causing severe impacts to navigation not seen since 1988.”  Nearly all the Mississippi River basin, “from Minnesota through Louisiana, has seen below-normal rainfall since late August. The basin from St. Louis south has been largely dry for three months, according to the National Weather Service.” This

COMPROMISED: MSNBC Guest and Ex-Obama Advisor Calling for an End to Trump’s China Tariffs Actually Headlined a Chinese Communist Party Event.

A top economic advisor to former President Barack Obama headlined an event sponsored by a Chinese Communist Party-backed influence group shortly before urging the Biden White House to drop Trump-era tariffs against China. Jason Furman participated in the 2022 Harvard Kennedy School’s China Conference, which was sponsored by the China-United States Exchange Foundation (CUSEF). CUSEF is part of the Chinese Communist Party’s United Front Work Department, which seeks “to co-opt and neutralize sources of potential opposition to the policies and authority of its ruling Chinese Communist Party” and “influence foreign governments to take actions or adopt positions supportive of Beijing’s

Fertilizer Price Spikes and Chinese Import Reliance Threatens US Agriculture Security.

Fertilizer prices have risen more than 100 percent for all major nutrients required for crop production since September 2020, potentially risking the long-term viability of American farms and further increasing the cost of food to US consumers. Between September 2020 and the end of 2021, the price of ammonia increased 210 percent, liquid nitrogen increased 159 percent, urea 155 percent, monoammonium phosphate (MAP) 125 percent, diammonium phosphate (DAP) over 100 percent, and potash rose 134 percent on average across the country. “At a time when COVID-19 already decimated the lives and livelihoods of untold millions, soaring food costs are hitting

NELLES: Those ‘Transitory’ Supply Chain Issues? Uh, They’re Here for a While, And Here’s Why…

Do you remember being told inflationary pressures were transitory? You were told the same thing about the supply chain issues, and that our Secretary of Transportation, Mayor Pete, would fix everything once he returned from paternity leave. Much like inflation, the supply chain disaster is not transitory, and will likely be with us through 2023, when a pending global recession and stagflation will allow it to recover. There are four major drivers of the supply chain problems the global economy is facing: challenges in Asia, ocean freight and port issues, over-the-road trucking issues, and labor. Challenges in Asia. Asia is a

NELLES: Biden Could Quickly Arrest Inflation With These Steps… If He Really Wanted To.

Despite prior warnings, the 39-year high in U.S. inflation was still received as a “surprise” by many. “The pace of inflation escalated to 6.8% from 6.2% in the prior month… more than triple the Federal Reserve’s 2% target… the highest rate since July 1982,” per MarketWatch. Using the inflation formula that was used in the 1970s, inflation is above 13 percent. The formula was changed in 1980 to downplay the inflation risk and to manipulate public opinion. In addition, “soaring inflation is outstripping the biggest worker wage increases in decades. Inflation-adjusted hour pay was 1.9 percent lower in November compared

CORTES: Welcome to Joe Biden’s American Carnage.

In his Inaugural Address, President Donald J. Trump promised that the misery inflicted on everyday Americans by globalists, via constant war and economic abuse, would end with a new America First agenda. He pledged, “this American carnage stops right here and stops right now.” And stop it did, as Trump ended senseless wars and ushered in record-setting wage growth in 2019 before the CCP virus hit America like an epidemiological Pearl Harbor. But now, under Joe Biden, the carnage begins anew, with astounding swiftness and scale, only months into his administration. Biden’s failures exceed even the most dire prognostications of

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