Personal Consumption Expenditure for February 2022 shows ongoing high inflation, with highest year over year increases in four decades.

Rising PCE price index is sitting at the highest level since 1982, which is 40 years ago.

Unless you are in your 60s or older, you have little memory of inflation at this severe a level.  If this sustains for a few more years, the impact will be brutal.

Personal Consumption Expenditure (PCE) inflation index increased 0.6%, which follows 0.5% in January 2022 which was revised downward from 0.6%.

The core PCE inflation rate (without food and energy) was 0.4% in February, following 0.5% rise in January, matching the 0.5% increase for the previous three months. The October 2021 increase was revised up 0.1%.

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SEC releases proposed rules for public company emissions disclosures. Will create full employment for CPAs.

Image courtesy of Adobe Stock.

The Securities and Exchange Commission issued proposed rules for emissions risk accounting and disclosures by public companies. After the 60 day comment window the SEC will work on final rules.

(Discussion from my other blog, Attestation Update, is posted here because of the impact these rules will have on economic freedom and prosperity. You can ponder the impact for yourself.)

The proposal creates three areas for measurement and disclosure. Scope 1 is emissions from a company’s own operations, whether it is manufacturing cars, producing coal, or running a bank. Scope 2 is emissions generated from the energy consumed by company as an input to their operations. This could be the electricity to operate the branches and computers of a bank or it could be all of the coal consumed to produce steel.

As if that does not stretch your brain far enough, there is Scope 3. Those are the missions of all of the vendors to a company and all the consumers of its products. This is not just immediate vendors and direct consumers. This includes the emissions of the vendors’ vendors and their vendors, all the way back to when raw materials were first pulled out of the ground.

This includes emissions generated by your customers as they use your products and also your customers’ customers’ emissions. This goes all the way to the end consumer. Furthermore, this is life cycle costs.

As a brain stretcher, for a utility providing natural gas to consumers Scope 3 would include the emissions generated as consumers heat their home. The lifecycle is very short since the gas will be used as soon as it arrives at the houses.

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Preliminary list of people who owe us apologies for the damage they caused. First round of admissions to overcounting Covid deaths.

Counting Covid deaths using CDC methodology. Image courtesy of Adobe Stock.

Now that Covid infection rates have collapsed in the United States, our political and public health ‘leaders’ are backtracking on the steps they took which caused so much damage.

Before they take credit for a virus variant running its course and fading away, we need to be pay attention to all those who caused trauma by their actions and who had their thumb on the scales when quantifying the impact of the virus.

Articles for your consideration today:

  • CDC “accidentally” overcounted Covid deaths.
  • Massachusetts overcounted Covid deaths by including deaths from any cause whatsoever if a person had an infection diagnosis within 60 days prior to death.
  • An incomplete list of people and organizations who owe us profuse apologies for the damage they have caused.

3/18/22 – Reuters – CDC reports fewer COVID-19 pediatric deaths after data correction – CDC reduced their tally of deaths caused by Covid by 72,277. This includes 416 pediatric fatalities.

That is a 24% drop in the number of children they count as having died because of Covid. With the revised tally of 966,575 deaths in total that means they reduced the total count by 7.5%.

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Before they claim credit for victory over Covid, remember what our supposed leaders did to us.

Accomplishments of our leaders during the pandemic. Image courtesy of Adobe Stock.

With the speed at which restrictions are disappearing we will shortly see our alleged leaders claiming credit for their victory in defeating the pandemic.

In advance of those headlines, here are a number of reports to keep in mind: articles on adverse medical consequences, increasing supply chain disruption, and flaming hypocrisy from flagrant hypocrites:

  • Leaked information from military’s medical database shows severity of adverse effects from vaccinations.
  • In England, the vaccinated are getting sicker at higher rates than the unvaccinated.
  • In New York state the double jab is a mere 12% effective for young children.
  • Police officers moving to the Inland Empire area of California to escape vaccination dictats.
  • Train robberies are a thing in Los Angeles.
  • Weapon thefts are part of those train robberies.
  • Backups at US ports are spreading.
  • School board in New York blows off masks while schoolchildren suspended for doing the same.
  • Masks optional for SAG awards and mandatory for schoolchildren.

When you see the declarations of victory by our rulers in political office, overlords in the public health sector, and our betters in news media, remember what they did.

Remember what happened.

Remember who took away 18 months or 2 years of your child’s education. 

Remember who cratered the economy and caused the supply shortage we see every day. 

Remember who generated the Carter-era rate of inflation we see all around us.

Remember.

Adverse health impacts.

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Predictions: Damage caused by government’s response to the coronavirus pandemic.

Image courtesy of Adobe Stock.

How much harm was caused by government reaction to the pandemic? I will put into print my predictions of what we eventually learn of the damage willfully caused by the federal and state governments.

Introduction to this series is here.

Concluding comments are here.

Over the last two years reports have surfaced here and there hinting at the following predictions. In the next few months more reports will emerge.

It will take honest, serious researchers years before statistically valid research provides solid evidence for these predictions. Strong, verifiable, reproducible proof will emerge with time.

I predict that in a decade or two there will be a consensus throughout the country that the government reaction to the coronavirus pandemic was the worst, most destructive government policy in U.S. history.

Seven predictions follow:

1 – Government response caused more deaths as measured by years-of-life-lost than deaths prevented by the government response as measured by years-of-life-lost.

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Introduction to predictions: Damage caused by government’s response to the coronavirus pandemic.

Image courtesy of Adobe Stock.

It is time to lay down my predictions about what we will eventually conclude about the damage caused by the government reaction to the coronavirus pandemic.

It will take time, but we will eventually prove government actions caused horrible damage. We will quantify the destruction willfully inflicted.

The predictions are here.

Concluding comments are here.

Since April 2020 I have been writing about the damage caused by the economic shutdown imposed by federal and state governments. Over 200 posts on this blog point out the economic, political, social, educational, and medical damage directly caused by government action.

I started writing in early April 2020 calling out the danger of lockdowns with my first direct complaint on 4/26/20 about the damage caused by government actions.

To lay down my first marker, here is the headline and first paragraph from back in late April 2020:

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In case of nuclear attack, please maintain six feet social distance and wear your mask as you bend over and kiss your, um, backside goodbye.

Image from FEMA at https://www.ready.gov/nuclear-explosion

I don’t know how any comedian can possibly develop new jokes when competing against the silly, silly people in the public health community. And FEMA.

(Updates at end of article describing laughter that is emerging around the ol’ internet.)

The mental giants, the phenomenal geniuses at FEMA have the following advice to survive the fallout of a nuclear explosion:

Most importantly, after the explosion, please do get indoors.

Then go the basement or interior of the building.

That’s sound advice so far.

And then?

Well, then you should

“Stay away from the outer walls and roof. Try to maintain a distance of at least six feet between yourself and people who are not part of your household. If possible, wear a mask if you’re sheltering with people who are not a part of your household. Children under two years old, people who have trouble breathing, and those who are unable to remove masks on their own should not wear them.” (emphasis added)

Well, good.

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