Update: Satan Soldiers Will Crush the Working Poor One State at a Time — With Soaring Food, Fuel, and Shelter Inflation

HNewsWire:

‘As of 2022, Tim Gurner is 41 years old and boasts an impressive net worth of $929 million, according to The Australian Financial Review’s 2022 Rich List.

The Goal Of Crushing The Labor Force

In truth, what Gurner said is indeed the overt goal of not so much the governments but the world central banks, working to slow growth and demand, by clamping down tight on the labor market with a vice grip, and limiting the availability of credit and loans to smaller businesses and the consumer.

AUTHOR’S NOTE: The remainder of this section is from a lengthy, unpublished article I wrote earlier this year but could not quite not finish it due to other arrangements, but it cites direct quotes from the presidents of the U.S. Federal Reserve, where they explicitly say that they are trying to slow down the economy by squeezing the labor market and increasing unemployment. The following is what I had written:

Again, as I have reported for the umpteenth time, the federal CPI numbers are fake and are not accurate. They do not account for other datapoints that they used to track in the 80s and 90s, and even then, it is just this composite score that does not accurately represent how some sectors are insanely inflationary compared to others (i.e. food and energy), as some sectors are negative, therefore bringing the number down. Even then, the numbers are so clearly fake, and are double and maybe even tripled from what the government reports. In truth, the U.S. and other nations are operating at negative interest rates when you subtract inflation numbers from the CPI.

The whole point of raising rates (the real reason not highlighted by the mainstream propagandists) is to crush demand. And that is the Fed’s goal: bring inflation down by not printing money and keeping bank’s capital reserves at 0, but killing the consumer by making it too hard for them to spend. In other words, artificially rig the demand in the supply & demand scale to be lower by raising rates, therefore causing prices to lower because less people are buying, which will inevitably pop some bubbles. And you can see this from the statements from these Fed creatures what the real goal is, but you are not supposed to know this.

Now this is the part where you need to really pay attention. By crushing demand, what I mean is they mean crushing jobs and employment. If people cannot work, then they cannot buy or at least buy a lot less, thus crushing demand and attempting to bring down inflation that way – which will not work because of central bank’s money printing spree. But again, they are, by design, culling jobs as inflation keeps rising. Don’t take my word for it: take it from the words of Fed presidents.

Citing a post by Jacobin, the headline reads: “To Fight Inflation, the Fed Is Declaring a War on Workers;” and Forbes reporting that “Why The Fed Needs To Crush The Economy And Job Market To Save Them.” Almost one year ago, on May 4th, Fed Chair Jerome Powell admitted that the goal was to crush workers and employers. He said, “[by reducing hiring demand], that would give us a chance to get inflation down, get wages down, and then get inflation down without having to slow the economy and have a recession and have unemployment rise materially.”

But all of these Fed creatures are openly admitting that they are determined to come after YOUR job – not stop the money printing (which is inflationary), but crush the consumers. In September of last year San Francisco Fed Chair Mary Daly said this:

[…] There’s a sense that the economy is slowing. What I’m seeing, though, is we’re still adding over 300,000 jobs per month in the U.S. economy. We only need 100,000 to just keep the unemployment rate steady. That’s 200,000 more jobs than we need to keep unemployment where it is. So, that’s not an economy that’s teetering on recession. That’s an economy that needs to slow to a sustainable pace. So, before we get ahead of ourselves and worry about recession, I think we should just get the economy slowing in the way that we need to, to give that all-important relief on inflation. 

So the Federal Reserve raises the interest rate and what immediately happens is other interest rates—the ones that matter for people like a mortgage interest rate, your car loan rate, your credit card rate—those go up. When people face a higher cost of borrowing, they borrow less and they spend less. And then, that filters through the economy and it starts to slow demand.

In February of this year, Minneapolis Federal Reserve President Neil Kashkari, talked about how the Fed must continue to crush jobs, in response to the fake 517K jobs reported for January.

[The data] tells me that so far we’re not seeing much of an imprint of our tightening to date on the labor market. There’s some evidence that it’s having some effect, but it’s pretty muted so far. 

I haven’t seen anything yet to lower my rate path, but I’m obviously keeping my eyes open and we’ll see how the data comes in.

I’m not seeing that we’ve made enough progress yet to declare victory.

In March, Atlanta Federal Reserve President Raphael Bostic repeated the same message, calling for more rate hikes to stymie growth in the economy.

I want to be completely clear: There is a case to be made that we need to go higher. Jobs have come in stronger than we expected. Inflation is remaining stubborn at elevated levels. Consumer spending is strong. Labor markets remain quite tight.

I do think we’re in a period now where it is appropriate for us to be cautious.

There is a plausible case to suggest that we’re going to see some more robust slowdown.

There is a lot of momentum in the economy today. The Fed’s policy is to take away that momentum and let the economy run on its own.

That same day Fed Governor Christopher Waller echoed similar sentiment:

On the other hand, if those data reports continue to come in too hot, the policy target range will have to be raised this year even more to ensure that we do not lose the momentum that was in place before the data for January were released.

And then just this past week more Fed-heads are still talking about how they need to crush jobs. On April 12th, Mary Daly said:

While the full impact of this policy tightening is still making its way through the system, the strength of the economy and the elevated readings on inflation suggest that there is more work to do.

Of course, there are a number of signs that the labor market is starting to cool, but it remains extremely tight and is likely to come back into balance only gradually.

Tighter credit conditions translate into less spending and investment by households and businesses, resulting in a slower pace of economic growth.

[All in] there are good reasons to think that policy may have to tighten more to bring inflation down. But there are also good reasons to think that the economy may continue to slow, even without additional policy adjustments. 

And then on the 14th our ‘friend’ Waller is saying that more needs to be done to cripple the economy.

Because financial conditions have not significantly tightened, the labor market continues to be strong and quite tight, and inflation is far above target, so monetary policy needs to be tightened further.

On the 18th, St. Louis Federal Reserve Bank President James Bullard – the same Cretan who once said that the lockdowns were a “planned partial shutdown” of the economy in March, 2020 – also said that more rates hikes will be needed, claiming that inflation is not coming down fast enough; saying, “The labor market just seems very, very strong… it doesn’t seem like the moment to be predicting that you have a recession in H2 2023.”

I could dig up more quotes but I think you get the point. And again, we know that these bankster gangsters are liars to the uttermost. To be a Fed-head, you must one really be one sick bastard to get to that rank. We know that the mainstream data is a fake, but as I said, if the government keeps posting fake data, then the Feds can pretend to be taking action. In truth, as you saw from many of them (and there are more), they are saying that the must “do more” to crush the consumer. Now, think about what that means: we know how bad it is now and will get, and these Cretans are talking about “doing more?” You see, this is why I am warning about this, because these freaks are determined to crush the consumer as much as they can. They are not done: they need to make more people dependent on the system and deep into their web; and inflation is far from being over. But, if you recall almost one year ago to date I told readers to ignore the rate hikes, and that the Fed was guaranteeing inflation to stay remain higher. Moreover, even though multiple Fed-heads are calling for more and more rate hikes, I don’t think we will get that many of them, perhaps one more and then a pause, if not even a pivot sooner than most think, if things stay on the “normal” course. Jerome Powell has indicated as much.

As you have probably been hearing and seeing, corporate layoffs are through the rough right now, and are still set to get more and more persistent as the year moves on. To help track some of these massive corporate layoffs, there is a really good website that was created to list most of them, the amount of staff, and the sector the business is in. Tech is getting decimated the most and that is because that sector is most affected by rate hikes faster versus others.


AUTHOR COMMENTARY

Gurner, this rich, arrogant, fatcat spilled the beans on what’s really going on.

As seen in this report, and what I have reported in other articles I have posted, the whole point of these rate hikes is not to stop inflation, it is designed to crush demand, crush the consumer, and crush labor market participation.

And as to be expected, for those who understand the game being played right now, inflation CONTINUES to rise; and that’s after the central banks around the world collectively have been raising rates at an alarming rate. Earlier this week the European Central Bank (ECB) raised rates to the highest in history – while energy, food, and costs of everything else are hitting unfathomable rates that people in Europe simply cannot pay for. They are trying to crush the consumer and get them begging for bread. You got it?

The rich ruleth over the poor, and the borrower is servant to the lender.

Proverbs 22:7

Again, the latest data figures that just came out concerning inflation more than prove it is not slowing down but only ramping back up again. This video below summarizes that.

Furthermore, while there are some kernels of truth to what Gurner said, as there are no doubt a lot of lazy and haughty workers who need to be scraped out of bed to do anything anymore, it was his crowd of multimillionaire and billionaire CEOs and bosses that went along with the “new normal,” and promoted virtual work and cheap easy money called “stimulus.”

Of course, at the end of the day, people like Gurner are just upset that a lack of viable workers will bring bleed into his mammon, and the illusion of his wealth that exist on a computer screen.

The rich man’s wealth is his strong city: the destruction of the poor is their poverty.

The rich man’s wealth is his strong city, and as an high wall in his own conceit.

Proverbs 10:15, 18:11

Notwithstanding, if you did not understand the game at play right now before, well, now you do.


[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).

 

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Surge in Food Prices: “Given the Hardship That’s

By StevieRay Hansen | June 30, 2022 |

Already Occurred Thanks to the Pandemic, a Fresh Wave of Unrest Would Be No Surprise on a Historical basis”… Yesterday we explained why with prices already soaring, global inflation was about to go into overdrive as the leading food price indicator that is the Bloomberg Agri spot index hit the highest level in six years. In a nutshell, this is a problem since food is a large component of CPI baskets in Asia, and “this large inflationary impulse in the region that houses more than half the world’s population should result in higher wage costs in the factory base of the world. As CPI and PPI rise in Asia, it will feed through globally in the months ahead.” Today, DB’s Jim Reid picked that chart as his “Chart of the day”, repeating what readers already know, namely that Bloomberg’s agriculture spot index has risen by c.76%…

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Satan Soldier Slow Joe Biden Claims Shelves Are Well Stocked With Grocers Ration Food

By StevieRay Hansen | May 11, 2022 |

Pay no mind to that Bidenflation behind the drape!! President Joe Biden tweeted Wednesday that supermarket shelves are well stocked across the country while grocers ration food. “For all those concerns a few weeks ago that there would not be ample food available for Thanksgiving, families can rest easy today,” Biden claimed. “Grocery stores are well-stocked with turkey and everything else you need,” the president added. Meanwhile, Publix Supermarkets, a Florida-based grocer, warned customers this week to expect food shortages in all 1,280 stores across the southeast. According to the Orlando Sentinel, the list of rationed foods include the following: Canned cranberry sauce Jarred gravy Canned pie filling Canola and vegetable oil Cream cheese Bacon Rolled breakfast sausage Paper napkins Disposable plates, cups and cutlery Bath tissue Refrigerated snacks (Lunchables-type items) Sports drinks Aseptic-type juices. If shelves are well stocked…

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Satan Soldiers Plandemic: US Food Banks Warn Soaring Prices Will Affect Distributions They’re Also Affecting the

By StevieRay Hansen | February 28, 2022 |

Mission of Us Food Banks Who Are Spending a Lot More on Food Than Ever Before… US Meat Prices To Remain Elevated Amid Depleted Reserves Beef, pork, and chicken in US cold storage warehouses have yet to recover from pandemic lows and could continue to support higher prices.  New United States Department of Agriculture (USDA) data shows beef reserves dropped 7.7% from a year ago in August, poultry supplies fell 20%, and pork plunged 44% to their lowest levels since 2017, according to Bloomberg.  Jim Sullivan, commercial director for Stable USA, said low meat inventories would suggest meat prices will stay elevated. “Prices remain very elevated compared to seasonal expectations,” Sullivan said.  Soaring supermarket prices have been on the radar of the Biden administration as working-poor families allocate a high percentage of their incomes to basic and essential items. Higher food inflation…

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NO GASOLINE WITHOUT ‘COVID PAPERS’ IT’S NOW APPEARING IN SOME PARTS OF THE WORLD, SATAN’S SOLDIERS ARE TIGHTENING THEIR GRIP

By StevieRay Hansen | January 18, 2022 |

SRH, Investigative Editor: Banned in Parts of Europe and America, Wanted by Islamic Countries, Threatened by Terror Groups, Hunted by Left-Wing Media, Smeared by Hollywood Elites and Fake Cult Religious Leaders. I hope you understand this is a plandemic orchestrated by extremely destructive (ungodly) people. They will literally kill in order to accomplish their evil goals. We are in the second year of tribulation, I know some biblical scholars think I’m full of it, but less think about individuals like Franklin Graham promoting the kill shot  -short time later he goes in the hospital for heart surgery, Two Forces at work, Good and Evil…    Thank Google and Satan Soldiers: Americans’ Heating Bills To Soar Up To 50% This Winter So far, Americans have been watching the money-depleting energy crisis that hit Europe and Asia with detached bemusement: after all,…

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Australian Beef Prices Hit Record High As Food Inflation Concerns Persist — America Is Next

By StevieRay Hansen | November 18, 2021 |

After decades of low inflation and relatively cheap food prices, those days appear over as food inflation soars worldwide. The latest observation that food prices are out of control is in Australia.  Australian cattle futures are at record-highs as farm operators hold back livestock from slaughterhouses to rebuild herds after years of drought forced many cattle operators to cull herds. Supply disruptions have resulted in the benchmark Eastern Young Cattle Index soaring to A$10.082 ($7.26) a kilogram. From the 2020 low, prices have more than doubled in a year.  A$10.082 ($7.26) per kilogram is the highest price paid back to 1997 when the contracts began trading. Bloomberg notes the high prices “has raised the risks that the nation’s steaks will slip off global menus — while worldwide demand for beef is robust in many markets.”  The surge in prices could mean the…

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“Hyperinflation Is Going To Change Everything. It’s Happening” – Twitter CEO Corrected By Economists.

By Bryce Abbott | November 16, 2021 |

Annual changes in the cost of living are climbing the most in a decade, with a measure of global inflation compiled by the International Monetary Fund forecasting 2021 price rises to be the the steepest in a decade. With nobody hitting the mall to buy goods in 2020, prices slumped or flat-lined, so the recent increases versus a year ago appear larger and feel doubly painful for consumers. A U.S. gauge is up more than 5% this year for the first time since 2008, Brazil’s inflation has topped 10%. Turkey may report a 20% annual pace next week. Twitter CEO Jack Dorsey sent out a tweet on October 22nd, stating “Hyperinflation is going to change everything. It’s happening” Chief Economist, First Trust Portfolios LP Brian Wesbury replied with “I can understand a non-economist mistaking inflation and hyperinflation, but commenting on…

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Satan Soldiers Plandemic In Play: Panic Hoarding Gasoline Begins As UK Plunges

By StevieRay Hansen | September 26, 2021 |

Towards “Winter Of Discontent”… One day after oil giant BP warned about rationing gasoline and diesel at UK service stations, Brits began to panic buy fuel as the government tried to calm fears.  Lines of cars and trucks are spilling over into the streets at service stations across the country. A BP spokesperson said Thursday that a truck driver shortage has resulted in its inability to transport fuel from refineries to its network of service stations. These words spooked the public, which could cause a more severe shortage due to the hoarding.  The scenes of long lines at gas stations bring back memories of the 1973 Opec Oil Crisis, the 2000 fuel shortage, and the virus pandemic disruptions amid fears the country is diving headfirst into a 1970s-style “winter of discontent” of shortages and socio-economic distress.  On Friday afternoon, Transport Secretary Grant…

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Satan Soldiers at ERCOT Admits It Cut Power to…

By StevieRay Hansen | July 25, 2021 |

Texas Gas Facilities In February, “Plandemic” Abbott It’s your Move!… In a appearance in front a Texas Senate committee last week, the interim CEO of the Electric Reliability Council of Texas, the state’s electric grid operator, make a surprising admission. Brad Jones a.k.a. (LIAR) , interim president and chief executive officer of ERCOT. Brad Jones said the operator’s decision during February’s winter storm to set prices for wholesale electricity at the highest level — for 32 hours longer than may have been necessary — “overrode the ERCOT protocols.” The move cost CPS Energy and other Texas utilities billions of dollars. “The market rules themselves weren’t changed, but what is important to know is that the market rules were not followed,” Jones said May 4 to the Senate Business and Commerce Committee.“This was a deviation from the ERCOT rules.” His comments…

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HNewsWire: At My First Defense No One Came to Stand By Me, but All Deserted Me. May It Not Be Charged Against Them! But the Lord Stood by Me and Strengthened Me, so That Through Me the Message Might Be Fully Proclaimed and All the Gentiles Might Hear It. So I Was Rescued From the Lion’s Mouth. The Lord Will Rescue Me From Every Evil Deed and Bring Me Safely Into His Heavenly Kingdom. To Him Be the Glory Forever and Ever.

“The Cost of Standing for Truth Is So High, so Precious, so All-Consuming That Almost No One Will Meet It

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Power prices in some parts of Pennsylvania are set to jump as much as 50% beginning this month, according to the Pennsylvania Public Utility Commission (PUC).

"Most Pennsylvania regulated electric utilities are adjusting the price they charge for the generation portion of customers' bills on December 1 for non-shopping customers, also known as the 'Price to Compare' (PTC). The PTC averages 40% to 60% of the customer's total utility bill. However, this percent varies by the utility and by the level of individual customer usage," PUC said in a press release.

PUC lists power increases for residential customers. The most significant increase comes from Pike County Light & Power, which serves nearly 5,000 customers, is expected to raise power prices by 50%. The second highest is PPL Corporation, serving about 1.4 million customers in central and eastern parts of the state, which is expected to raise power prices by 26%.

  • Citizens' Electric, up from 6.9777 cents to 7.9476 cents per kWh (13.9%);
  • Duquesne Light, up from 7.41 cents to 7.98 cents per kWh (7.7%);
  • Met-Ed, up from 7.114 cents to 7.414 cents per kWh (4.2%);
  • PECO, up from 6.597 cents to 7.021 cents per kWh (6.4%);
  • Penelec, down from 6.761 cents to 6.507 cents per kWh (3.8%);
  • Penn Power, down from 7.657 cents to 7.593 cents per kWh (less than 1%);
  • PPL, up from 7.544 cents to 9.502 cents per kWh (26%);
  • Pike County Light & Power, up from 6.5234 cents to 9.796 cents per kWh (50.2%);
  • Wellsboro Electric, up from 7.2596 cents to 7.5051 cents per kWh (3.4%); and
  • West Penn Power, up from 5.447 cents to 5.698 cents per kWh (4.6%);

A PUC spokesperson told Fox News that rising energy prices are due to "market forces."

Many Pennsylvanians will be in for a sticker shock this winter as the Northern Hemisphere winter approaches. Customers are already stretched thin with soaring food, fuel, and shelter inflation. It's a good thing Fed Chairman Jerome Powell told Congress on Tuesday that he would "retire" the "transitory" narrative to explain the inflationary environment that continues to crush the working poor.

We noted last week that Americans, already preparing for one of the darkest cold seasons in years, have been panic buying cords of firewood and stoves as they seek alternative methods to heat their homes to mitigate soaring power prices.

Persistent inflation this winter will continue to increase discontent for President Biden and could be favorable for Republicans ahead of midterm next year.

 

We cannot remain silent in the face of the government’s ongoing overreaches, power grabs, and crimes against humanity.

Evil disguised as bureaucracy is still evil. Indeed, this is what Hannah Arendt referred to as the banality of evil.

Triggered by polarizing circus politics, media-fed mass hysteria, racism, classism, fascism, fear-mongering, political correctness, cultural sanitation, virtue signaling, a sense of hopelessness and powerlessness in the face of growing government corruption and brutality, a growing economic divide that has much of the population struggling to get by, and militarization and militainment (the selling of war and violence as entertainment) - is manifesting itself in madness, mayhem and an utter disregard for the very principles and liberties that have kept us out of the clutches of totalitarianism for so long.

Source: HNewsWire    HNewsWire    ZeroHedge

StevieRay Hansen
Editor,
HNewsWire.com
[email protected]

Because Mark Zuckerberg is Jewish is supposed to know the meaning behind the term META in Hebrew! It means DEATH!

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