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The Dominoes Continue To Fall

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Tue, Jun 21, 2022 01:05 PM

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France’s Macon Loses His Parliamentary Majority Were you forwarded this email? If Biden’s

France’s Macon Loses His Parliamentary Majority Were you forwarded this email? [Sign-up to Rude Awakening here.]( [Unsubscribe]( [The Rude Awakening] The Dominoes Continue To Fall - France’s President Macron was re-elected in late April 2022. - Macron’s party is still the French Parliament’s largest. - But without an absolute majority, his agenda may go nowhere for five years. Recommended Link [Covid Was Trial Run to Control Americans – This Is Next]( [Click here for more...]( If Biden’s Executive Order 14067 comes to pass, a former advisor to the CIA and Pentagon is predicting legal government surveillance of all US citizens; total control over your bank accounts and purchases; and indefinite Democrat control past 2024. He says Covid was a trial run for how to control a population. Dems will use their “pandemic playbook” to silence any dissent. [See What To Do Here Before It Happens]( Sean Ring Editor, Rude Awakening Good morning on this fine Tuesday! I hope you had a wonderful long weekend. And I hope all the hard-working fathers had a well-deserved, restful day on Sunday. We rented a car this weekend. On Saturday, we traveled to Alba and Sale San Giovanni. Alba looks like a city out of a Christmas catalog and is known worldwide for its excellent truffles. Next, since Pam loves lavender, we went to Sale San Giovanni to see its purple fields. Credit: Sean Ring As we’ve done that in Provence and the Cotswolds, it didn’t excite me all that much. But she was happy, and that’s what matters. On Sunday, we drove up to Cervinia in the far north of Italy. Credit: Sean Ring There, we got a clouded view of the Matterhorn’s big backside. As usual, the pizza, salad, and desserts tasted like angelic elves crafted them in God’s Own Kitchen. While we drove through the Aosta Valley to get to Cervinia, we noticed the signs were in Italian, English, and French. I love seeing that mesh of cultures up here. But unbeknownst to me, the French were taking matters into their own hands on Sunday. But First, ScoMo Gets the Heave-Ho As you’ve read in this newsletter for ages, you know what I think: - The West’s policies toward Russia are reckless. - America’s energy policies are ludicrous. - Europe is risking a cold winter and total industry shutdown to please its DC masters. - Russia can and does ship its oil and gas eastward, losing no revenue despite sanctions. - Western politicians will be made to pay for their stupidity with their jobs and reputations. The final point on politicians losing their jobs started with the Australian elections. Then-Prime Minister Scott Morrison (ScoMo), who shut his country down for no reason whatsoever, got his head handed to him a month ago. By Australian standards, his nearly four-year term was quite long. (The Aussies like changing governments nearly as much as the Italians.) But Australia being Australia, they replaced Morrison with a left-wing government that may already be on its way out. From [Sky News Australia’s Chris Kenny]( [Australian Prime Minister] Albanese and Climate Change Minister Chris Bowen signed a letter to the United Nations promising to deliver cuts to Australia’s emissions by at least 43 percent by 2030. “So that's it, rather than ensure you have enough electricity, no greenouts, and that your electricity is affordable,” Mr. Kenny said. “Albanese and Bowen, in the middle of an energy crisis, have bowed to the UN and promised to cut our emissions by even more. “The political timing is unthinkable.” We may see this government get thrown out before too long. But they were only the first. Something funny happened on the way to the French forum. Macron Won the French Presidency… I was disappointed when Macron defeated Marine Le Pen in last month's French presidential election. I had hoped the French would do something bold and allow Le Pen to change things up. Alas, they didn’t. Macron beat Le Pen, but not as severely as in their previous match. Though Macron is the first president in twenty years to be re-elected, some French political watchers were worried he’d not have an easy time in this past Sunday’s parliamentary elections. Those political watchers were proved correct. Recommended Link [Urgent: Website Giving Away Free Crypto Today!]( [Click here for more...]( Crypto expert, James Altucher, has found a little known website that allows you to collect up to $167 FREE crypto! He’s put together a short [2 minute video clip]( walking you through the easy process on how to get yours. [Click Here To Learn How To Claim Your Free Crypto]( …But Lost the French Parliament Sunday’s results were nothing less than stunning. Though Macron’s party won the most seats in the National Assembly, he lost his absolute majority. That means he’ll have trouble whenever he wants to pass any controversial law, such as raising the retirement age. From [The Wall Street Journal]( The loss of French President Emmanuel Macron’s parliamentary majority is an early sign of how Russia’s squeeze on European energy prices is raising the economic and political stakes for European leaders as the invasion of Ukraine becomes a war of attrition. Mr. Macron’s party lost dozens of seats in the National Assembly to candidates backed by far-left firebrand Jean-Luc Melenchon and far-right leader Marine Le Pen. Both politicians seized on record-level inflation to portray Mr. Macron as a leader who paid more attention to his role on the diplomatic stage, dealing with the war in Ukraine, than to voters struggling to make ends meet. Macron is hardly the only politician guilty of ignoring his voters’ needs. But he’s the first European leader to pay the price. And that will indeed affect the policies of the other sniveling European PMs. But before I get to the implications of this, it’s worth noting the makeup of the French parliament. Source: [The BBChé]( Ensemble is Macron’s party, seemingly in control with the most seats. The Nupes - rhymes with “dupes” - is the new far-left coalition that Jean-Luc Mélenchon leads and is the second largest party. Though Mélenchon believes he achieved a "total rout" of an "arrogant" president in less than a month, NUPES isn’t one party. According to the [BBC]( [Mélenchon] has called for Nupes to become a single political grouping in the Assembly, but that's been met with a chorus of derision from the Socialists, Greens, and Communists. "There was never any question of one single group," said Socialist MP Pierre Jouvet. This coalition will surely fall apart as the Left inevitably eats itself. But the real story is the National Rally’s results. That’s Le Pen’s party. The NR now has 89 seats in the Parliament, a tenfold increase from the last election. So while the French refused to hold their noses and vote for her directly, they were happy to vote for her policies. If I were Macron, I’d work with the NR. Nupes won’t do business with him without extracting a King’s ransom. The Implications I just ran across this on LinkedIn, courtesy of [FEE]( No, Jon. It wasn’t. Those stupid policies, combined with the USG’s energy and Russia policies, are leading the West to ruin. That’s why I think significant change is at hand. As Germany, Italy, and Spain see what just happened to Macron, they’ll be paring back their Russophobia. In times like these, it’s never more important to understand the great Thomas Sowell’s quote: No one will really understand politics until they understand that politicians are not trying to solve our problems. They are trying to solve their own problems -- of which getting elected and re-elected are No. 1 and No. 2. Whatever is No. 3 is far behind. So I expect Western politicians to change their tack to get re-elected. If not, more dominoes will fall. Wrap Up Of course, it’s too late in the US for the Democrats. The Red Wave in November will severely paralyze Biden’s last two years in office. Thank God for that! The last thing we need is more Biden initiatives. Let’s also see how the market opens today. Stock futures are up roughly 2%. Bitcoin trades at $21,180 as I look at it. Perhaps this is the week we turn around, but I won’t bet on that yet. Until tomorrow. All the best, Sean Ring Editor, Rude Awakening [Whitelist Us]( | [Archive]( | [Privacy Policy]( | [Unsubscribe]( Rude Awakening is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Paradigm Press delivering daily email issues and advertisements. To end your Rude Awakening e-mail subscription and associated external offers sent from Rude Awakening, feel free to [unsubscribe](. Please read our [Privacy Statement.]( If you are you having trouble receiving your Rude Awakening subscription, you can ensure its arrival in your mailbox by [whitelisting us.]( © 2022 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Email Reference ID: 470SJNED01[.](

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