We begin with the most corrupt influencer to our nation and the world, the Federal Reserve
Disinflationary...
...is the latest catch word thrown around by the Fed chairman. It means that prices are falling. It's true! A dozen eggs fell from $6. to $5.98. Wow! Telsa dropped its $36,000 EV to $35,900. Can you believe it? Let's get two! Get real!
When will America wake up? When will people realize the Federal Reserve is socialism for the rich? If they screw up (like they always do) the Fed has their back. If they succeed, well, they can keep the profits (because we don't tax them either).
Meanwhile...the inflation report for January says inflation is at 6.4%. People, the Fed uses a manipulated index to rely upon. It is the PCE (personal consumption expenditures) to guide their policy. Do you know what leads the list? Furniture. When was the last time that you bought some? How about this twist? China decimated the American manufacturers in this industry. Remember, China's government backs their industry. Free trade does not have a chance. This is what happens when you don't protect workers and industries. This the core reason why nothing is made in America. Failure to protect our economy. Now, almost all the furniture sold in the US is made in China. Back to the Fed. It uses furniture as their top inflation indicator. They rely on a foreign nation to guage inflation in our economy. This reveals that we have surrendered our economy. We have lost more than our national boundary borders. We have lost our economic borders. Can you now understand why we at Evolution call for a third political party?
Next on the list, cars. Yeah, we go out looking to buy one every week. Get real!
The only true inflation index is what everyone uses every day: food, energy and shelter. The Fed does not count them and no one calls them out on it. Wake up America! Join the meme: End the Fed!
January Retail Report...
...was good. We say, "Maybe the aspect that social security was increased. Many states raised their minimum wage law and job switching by employees ended up with higher wages?"
Future Outlook
It does not look well. Consumers have added to their debt levels. In January it rose by another $368B. This is the highest jump (6%) in one month, ever! Credit card debt hit its highest level, ever! By the way, delinquencies are rising. It hit 4% for that month. So, you say. This translates that consumers are 90-days late. That translates that Febuary's report will show another rise. Not good.
Speaking of jobs: the unemployment report stated over 500K jobs created. Well, we looked into it. Yeah, the jobs were almost all part-time. Full time jobs actually fell. What does that tell you?
NSC (Norfolk Southern Corp.) is a perfect example of what is wrong in capitalism. It allows greedy, ignorant, arrogant management to place their workers in unsafe working environment. They do not value their help. This also puts anyone adjacent to their rail lines in a dangerous situation. For years, railroad workers have voiced the dangers of excessive train cars being pulled around tracks that the company never invests to maintain or upgrade. Government agencies that check into these operations are appointed shills. Ever notice how many train accidents has happened in recent years? That says it all. These type of crooks also know that only 1% of security cases go to court and then, their chances are 50/50. This is why our society needs regulations. If for no other reason, than to put an obstacle to these bastards. We need to protect our workers which will also give protection to families. We need a watchdog to watch the watchdogs. This is a dangerous job and likeso many in America, workers don't even get sick leave.
In recent years, rail lines cut 20% of labor and increased train load with no investment in their business other than necessary. Sue the hell out of them!
Terminator
The next time you watch the great sci-fi film, consider this: Big Brother is an IA app called, ChatGPT. Not to be outdone, Google has launched, BARD. They are replacing human ideas and writing with robots. Wake up America!
Balloons...
...use to be associated with parties. Now, the communist (party). Well, in the latest tit-for-tat, the Chinese say, "The "weather balloon" is nothing more than force majeure situation. It shows their greedy, arrogant leaders can spin as well as ours. OR, did the robot write their reply? Peace.
