218 Comments
⭠ Return to thread

I would like to bring up an equally important topic: fuel and food shortages.

This video speaks volumes: https://www.youtube.com/watch?v=P7EFCIOwexg&t=483s

So Blackrock & Vanguard, who largely own and control both the Union Pacific Railway and CF Industries (fertilizer) had UP cut back the shipments of diesel fuel and fertilizer by 25-50% for no real reason.

And both Blackrock and Vanguard are on the board of Schwab's WEF?

This entire thing, including covid, has been entirely engineered. It's time for torches and pitchforks.

Expand full comment

Stir fried crickets and grasshoppers. Yum! Oops, I guess we'll have to eat em raw because we won't be able to afford the electricity or gas to fry them. But we can rest easy knowing our great engineers of humanity (Schwab, Gates, and crew) will be relaxing on their yachts while dining on expertly prepared lobster and steak served by their masked servants.

Expand full comment

https://www.bitchute.com/video/STzQ5Y5aR46c/

I was eating when I watched this... lost my appetite.

Expand full comment

They overestimate their insulation from the consequences. When the burning times come, their walls and gates will not be worth a fart in a whirlwind.

Expand full comment

Absolutely. The handwriting is on the wall, now we wait for the show.

Expand full comment

What caliber pitchfork?

Expand full comment

Pitchfork envy...the largest I have is .45

Expand full comment

And they're doing it with the power of OUR money. Perhaps we need an organized effort to take that power away from them?...though I do like the torches and pitchfork angle as well!

Expand full comment

The video is only 483 seconds long. It's over where you start! Just post the real URL: https://www.youtube.com/watch?v=P7EFCIOwexg

Expand full comment

Larry Fink is listed on WEF's Board at https://www.weforum.org/about/leadership-and-governance

But I do not see anyone from Vanguard.

Expand full comment

If you own stock in a company that does not mean you control that company.

Fertilizer problems exist because of Biden and Russian sanctions. American farmers were terrified of running afoul of this administration and even though it was allowed, they would not buy Russian fertilizer.

Expand full comment

How do I put this nicely....any impression that the Biden administration is working to impede Russian expansion into Eastern Europe is for show and a complete fraud. Taken as a total package, this administration's policy edicts put Putin in the position of strength, restored his revenue stream, and provided him the technology injection he needed to resume his "destiny to reunite" (Putin's words) and rebuild the USSR. This administration suspended REAL sanctions, cut US production of energy products via regulatory action and administrative edict (every aspect of the energy industry is federally regulated), halted exports of energy products which put Europe back under Putin's dominance for energy products. The current war in eastern Europe would not be possible without those measures - putting OPEC+Russia back in control of energy products world wide.

There is more, plenty more, that this administration has done to benefit Putin's Russian vision. Those are just the highlights.

If you think the empty "sanctions" and tough talk mean anything, I respectfully submit that you review the entire record. And contrast it with the time period 2017 through 2020.

Expand full comment

With due respect, you are totally incorrect about not controlling a company if you own stock. If you own enough stock...and Blackrock certainly does...you can indeed control company decisions.

There are two aspects of, in this case, fertilizer shortages:

1) Availability. While Russia does control a healthy % of ingredients, so do others. In this case, CF, a domestic produce. CF has never stated they have any shortage of fertilizer. The US is hardly dependent on Russian fertilizer, but Europe and Asia are.

2) Distribution. The fertilizer producers do not own the bulk distribution channels, truckers and rail do. And if the rail company, in this case UP, says "we will only ship 50% of this years product", exactly what can CF do? And if that same UP says "we are cutting back on rail shipments of diesel fuel and additives", what are retail distributors and truckers supposed to do? What alternatives are available for bulk distribution?

This entire "shortage" thing has been planned, and the Feebs administration Marxists endorse.

Expand full comment

Where exactly will you be sticking your pitchfork?

Expand full comment

"Where the sun don't shine" for $500, Alex...

Expand full comment

The Daily Double!!!!!

Expand full comment
Comment deleted
Jun 22, 2022
Comment deleted
Expand full comment

Bart, IMO you should consider, if you have not already, maximizing savings and maybe having a few extra food items on your shelf. Part of that is paring down living expenses (decide what you really need to live/live plus depending on your circumstances and how to lower the cost of the necessities). If you have been taking money out of the mkt, you need a plan for how/when you will plow it back into the mkt. Plus consider the tax implications. But is the question is what can you do about what the government does? Nothing if you are not a Christian. Vote for fiscally responsible ppl? I will answer that as a Christian: Pray for your leaders. Even the ones you do not like. Pray they make good decisions for their ppl).

Expand full comment

Here is what worries me about the "maximize savings" part. As the currency is rapidly weakening, my savings in dollars is effectively shrinking. A friend who used to be president of a bank (retired) often talks about the potential for widespread bank failures. He notes that the primary protection against bank failures are "guarantees" by governments. In the US that means our federal government backing their guarantees with the ability to tax and the ability to issue currency (print money). The US congress created $13 trillion in new spending since Feb 2021. Combined with the automatic spending increases already built into the federal budget, we are approaching the point where spending exceeds the ability to tax. When that happens the "print money" kicks in and the value of money declines rapidly.

Already we're seeing this happen. The money you saved last year is not worth what it was last year. Those purchases you put off will consume more of your savings latter. Luxury purchases like food, gas, propane, and so on are all almost double what they were last year for the normal American household. 100% actual decline in the value of your dollars for essential purchases in one year...if this continues, savings will become useless.

Expand full comment

All the money printing of the last several years is what I think the fed is wrestling with now. Luckily the stock market is taking care of some of that on its own. How much the Fed tightens, how fast... it should be interesting! I love it how the MSM tried to pretend we are not in recession already. Now will be go into stagflation? Yuck.

Yes, sitting on a pile of cash long term is not a wise investment. BUT you have to have it there and accessible especially for your family's welfare. If you lose your job, it allows you breathing space and to roll with the punches because when you are down, that is when things like your AC break. When things are expensive, that cash disappears quicker - hence keep a bigger pile at the ready. Paying off debt quicker, so you own the asset (like a house), is a good thing. There are mortgage payoff calculators out there on the net. Go fiddle with that for a few minutes. Paying yourself (paying down the principle) is better than paying Bank of America. Once you payoff your house, you really start packing away the money. Pay off the credit card each month, ditch the expensive phone plan, ditch the cable TV and all the channels, get yourself a storage of food in your house so your family can survive if things go sideways and you will be a LOT better off than simply lamenting inflation. Roof, food, electric and some cash to keep those things going then savings, investing... Best not to panic. Being prepared can keep you from doing that.

Expand full comment

it's impossible to prepare thoroughly. your maximized savings would be worthless if we hit really high inflation. they can also shut off bank accounts, close banks, etc.

the only true way to prepare is to have land that you be self-sustaining on (animals, electricity, water, etc.). very few of us have the resources or capabilities to do that. and you would have had to of started years ago. otherwise you are dependent on the system.

Expand full comment

Correct; that's why there will be a lot less people in big cities when this is all over, either by choice from relocation, or death from riots, violence, starvation, etc... Less people, easier to control who's remaining - that's the plan Stan.

Expand full comment

Yes to impossible to prep thoroughly and yes, best to have started self-sustainable living long ago. Listen if they choose to, it doesn't matter how much you have saved or how many crops and animals you have - they can ruin you and take your stuff. Also, as someone who had a little self-sustaining farm, realize if the SHTF, your animals and crops, even if you protect them with weapons and dogs, they could end up in someone else's belly. SO barring the extreme, because Mad Max be mad, people should have a cash cushion that is larger than normal and as big as you can make it. If you have taken money out of the market, you have to gird up your loins and jump back in and you must decide when. Staying out because you are scared will keep you working forever. Pay off your house (or pay it down by getting a 15Y and double up on your payments when you can). Stock up on some non perishables in case it gets ugly. There are other things you can do, but those things are doable for everyone. Also don't sit around worrying. Just get on with doing the right thing. If you do, things are less likely to go sideways.

Expand full comment