There’s an oil supply ‘100 times bigger’ than US reserve: Oil exec

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America Celebrates Her Freedom

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Florida Manatee Deaths up Almost 50% in 2018

The Jaguar

A Florida manatee looking at the camera.
Florida manatee deaths rose significantly in 2018. Here’s Looking at You Kid – Meet a Florida Manatee by the U.S. Geological Survey. Public Domain.

Here’s a heart-breaking story by John R. Platt and Dipika Kadaba of The Revelator. It turns out that 824 Florida manatees died last year, almost 50% more than in 2017.

Those 824 mortalities (deaths) represent 13% of the Florida manatee population, and many of them were caused by people – either directly or indirectly.

The Revelator released a video that goes into more detail about why so many manatees died last year. Click below to watch it, and be sure to visit this link for the original story.

Video by The Revelator about the dramatic rise in Florida manatee mortalities in 2018.

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“Gov. DeSantis provides an update on Hurricane Ian”

Safe from the storm

President Biden has important information on how to get prepared for a hurricane

Gavin Newsom slammed for allowing illegal immigrants to get California IDs: ‘Part of a much bigger agenda’

www.foxnews.com

Taylor Penley

A California resident who emigrated to the United States legally pushed back Tuesday after California Gov. Gavin Newsom signed off on a plan allowing undocumented residents to obtain state IDs. 

Mike Diaz told Fox & Friends First host Carley Shimkus that the idea is “part of a much bigger problem” that will incentivize illegal immigration to the U.S.

“It’s a small part of a much bigger agenda that the Democrats have, and the message that liberal Democrats in California are sending is clear,” he said.

CALIFORNIA GOV. NEWSOM SIGNS BILL ALLOWING ILLEGAL IMMIGRANTS TO OBTAIN A STATE ID

California Governor Gavin Newsom makes an appearance after the polls close on the recall election, at the California Democratic Party headquarters in Sacramento, California, U.S., September 14, 2021.

California Governor Gavin Newsom makes an appearance after the polls close on the recall election, at the California Democratic Party headquarters in Sacramento, California, U.S., September 14, 2021. (REUTERS/Fred Greaves)

“They’re saying, ‘Look, the border is wide open. Use it.’” he added.

Diaz went on to list the ways illegal immigration is incentivized in America, including free education and relocation to wherever they would like to reside.

He said it’s “clearly not fair” to people like him who came to the United States through a legal process and waited years for citizenship. 

Diaz also pointed out the tax implications of the policies, noting the mass exodus of Californians to other, less expensive states such as Texas and Florida.

“These policies are clearly not sustainable. You can tax Californians to death, and that’s why Californians are leaving to other states…” he said.

Diaz said Democrats are “absolutely” enforcing the new ID policy with a goal to allow the state’s illegal residents to vote in the future, particularly in hopes they will throw their support behind the Democratic Party.

Taylor Penley is a production assistant with Fox News.

https://www.foxnews.com/media/gavin-newsom-slammed-allowing-illegal-immigrants-get-state-ids-part-bigger-agenda

“Orca released from captivity thrives in the wild”

Sign Petition: Strengthen Animal Cruelty Laws in Honor of Susie!

  • by: Care2 Team
  • recipient: North Carolina Legislature

Susie, the beloved pitbull mix who became a symbol of hope and perseverance after inspiring important animal cruelty laws, has passed away. The beautiful dog, who survived horrendous abuse, later went on to put her paw print to North Carolina legislation which increased the penalties for animal cruelty. Susie spent much of her amazing life visiting hospitals, schools, and even won the Hero Dog Award from the Humane Society. But animal cruelty persists in the state, and legislators must uphold Susie’s amazing legacy!

Sign now to demand that sentencing and ownership laws for animal cruelty in North Carolina be strengthened in Susie’s honor!

In 2009, Susie was found in a park, covered in maggots, horrifically beaten and even burned. After being examined by veterinarians at a shelter in the area, experts estimated that she had been left in that tragic condition for weeks. Susie was missing teeth, burns covered well over half of her body, and her jaw was broken. As a puppy, she had endured any dog’s worst nightmare. Susie’s story is a devastating example of why animal cruelty laws are so important.

North Carolina is currently ranked appallingly low for animal protections — 42nd out of all 50 states. This is a disgrace to Susie and the many, many animals who have endured horrifying abuse. But the North Carolina legislature can take a few simple steps to dramatically increase animal welfare in the state. By adding statutorily authorized sentencing to mental health evaluation or treatment and a ban on animal ownership for people convicted of felony animal cruelty to Susie’s Law, the lives of untold animals could be protected.

Sign the petition now to tell legislators in North Carolina: the time is now to stand for animal rights! Fight against animal cruelty in honor of Susie!more

Sign Petition

https://www.thepetitionsite.com/502/553/895/?z00m=33084335&redirectID=3249537036

Celebrity Goes To Bat For DeSantis “Genius”

www.thelibertywire.com

Florida Governor Ron DeSantis sure has rubbed plenty of liberals the wrong way by sending the immigrants they’ve openly enticed straight to their doorstep.

However, as DeSantis pointed out in a rather savvy statement last week, various leftists states should be delighted by the arrivals, given their “sanctuary” status.

“States like Massachusetts, New York, and California will better facilitate the care of these individuals who they have invited into our country’ by incentivizing illegal immigration through their designation as ‘sanctuary states’ and support for the Biden Administration’s open border policies,” the statement noted.

Indeed, such logic does not escape those who are open-minded, notably celebrity podcaster Charlamagne tha God.

Before Biden was elected president, he declared that a black person who doesn’t vote for him “ain’t black” on Charlamagne’s podcast, and such a remark likely sat with the podcaster for a long time afterwards.

As evidenced by his recent defense of DeSantis amid a sea of Hollywood hysterics.

“For months, Republican governors have sent busloads of illegal immigrants to sanctuary cities like New York, D.C., and Chicago, with the message of, ‘If you like them so much, they’re yours, OK?” Charlamagne began.

Seriously. After all, they want illegal immigration so badly, they may as well deal with it entirely themselves.

“Well, just in time for Hispanic Heritage Month, Florida Gov. Ron DeSantis upped the game by sending two planefuls of immigrants to the East Coast, elites’ favorite vacation island, Martha’s Vineyard, Massachusetts,” Charlamagne continued.

Clever move on DeSantis’s part, no doubt. Or, as Charlamagne puts it, “genius.”

“I personally think it’s genius,” Charlamagne remarked gleefully.

In fact, the podcaster went a step further and continued to shred other Democrats while giving a shoutout to Texas Governor Greg Abbott alongside DeSantis.

“But I wish that governors like Ron DeSantis and Greg Abbott would give Democratic governors and mayors more of a heads-up, because then, that would expose the hypocrisy of the Democrats, which is they don’t want immigrants here, either,” Charlamagne remarked.

Bam. Now that’s the truth the White House won’t admit.

They’d rather falsely accuse the Florida governor of “kidnapping” (despite the migrants’ consent) than admit the truth: The border is an unmitigated disaster, as well as a human rights catastrophe.

One of the participants on the panel also took the opportunity to shred another notorious area of Democrat hypocrisy: the treatment of the homeless.

Panelist Rye Wood Jr. noted that Democrats oftentimes say one thing in public while doing another thing in private, especially when it comes to vulnerable populations.

“A lot of these Democratic cities, ‘Oh, we love people, oh we love people. Hey homeless man, get your a** out of here.’ They deliberately hide people already. So a lot of these Democrats that are complaining about the Republicans are running something similar within their own counties,” Wood remarked disgustedly.

Seriously. No wonder a homeless man threw a water bottle at California Governor Gavin Newsom, a staunch Democrat and rumored 2024 presidential candidate, after the leftist made one of his many phony public appearances.

Humorously, the homeless man was promptly arrested, likely the only arrest of a homeless individual that entire year.

After all, only Emperor Newsom deserves the protection of the law.

No wonder DeSantis has scored $170M+ more in fundraising than Newsom has.

However, the left apparently remains as clueless as ever, given the rather hilarious class action lawsuit initiated by the deceptively named “Lawyers for Civil Right.”

According to the leftist lawyers, Florida officials allegedly “designed and executed a premeditated, fraudulent, and illegal scheme centered on exploiting this vulnerability for the sole purpose of advancing their own personal, financial and political interests.”

Unfortunately, the well-coiffed yet intellectually empty lawyers of Massachusetts failed to identify a single violation that occurred.

Which is why yet another DeSantis statement shredded their non-argument to pieces.

“It is opportunistic that activists would use illegal immigrants for political theater. If these activists spent even a fraction of this time and effort at the border, perhaps some accountability would be brought to the Biden Administration’s reckless border policies that entice illegal immigrants to make dangerous and often lethal journeys through Central America and put their lives in the hands of cartels and Coyotes,” the statement noted wryly.

Seriously. Significant human tragedy could have been avoided had the White House not “played politics” with people’s lives.

“The transportation of the immigrants to Martha’s Vineyard was done on a voluntary basis. The immigrants were homeless, hungry, and abandoned – and these activists didn’t care about them then,” the statement continued.

That’s right. They only “cared” when the migrants became inconvenient.

“Florida’s program gave them a fresh start in a sanctuary state and these individuals opted to take advantage of chartered flights to Massachusetts,” the statement added, “it was disappointing that Martha’s Vineyard called in the Massachusetts National Guard to bus them away from the island within 48 hours.”

It was deeply disappointed indeed.

After all, the left opposes the National Guard when BLM is literally setting entire cities on fire, provided that they aren’t impacted at all.

Nearly 50 actually peaceful migrants show up to Martha’s Vineyard, yet the left immediately uses the National Guard to expel them.

Priorities …

Author: Ofelia Thornton

https://www.thelibertywire.com/celebrity-goes-to-bat-for-genius-desantis/

Please be safe

Russia’s Nord Stream Pipelines Spring Multiple Leaks in Baltic Shortly Before the Opening of its Baltic Pipe Competitor; Blasts Registered on Seismographs; Sabotage Suspected

Mining Awareness +


2014 Map of Nord Stream Baltic Pipe proposed routes Baltic Energy Market Interconnection Gas Plan; Nord Stream Crosses Baltic Pipe, Extranet.acer.europe.eu ENTSOG June 2014

Danish “Prime Minister Mette Frederiksen attends the opening of the Baltic Pipe in Stettin

The Prime Minister’s Office

On Tuesday 27 September, Prime Minister Mette Frederiksen will participate in the opening of the Baltic Pipe gas pipeline together with Polish Prime Minister Mateusz Morawiecki and Norwegian Prime Minister Jonas Gahr Støre. Climate, Energy and Supply Minister Dan Jørgensen will also participate in the opening ceremony.

Prime Minister Mette Frederiksen states:

“Putin uses energy as a weapon to threaten our security of supply, push energy prices up and create discord between allies. It is therefore more important than ever that we work closely with our European partners so that the EU becomes independent of Russian energy as soon as possible. The Baltic Pipe is an…

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“Gov. Ron DeSantis holds a briefing”

Petition · AHS Newark Shelter needs to be investigated for animal cruelty and neglect

www.change.org

Sign the Petition

Our goal is to bring positive change to AHS Newark Animal Shelter. Animals there are being neglected, abused and suffering. Health code violations are EVERYWHERE. Disease is spreading. Uneducated shelter staff and volunteers are unknowingly endangering the lives of animals in their care. Adequate Medical treatment is not being provided to animals in need. Adoptions are being made that place animals in unsafe homes and situations, resulting in many returns or people simply abandoning animals. Indoor kennel temperatures are soaring near 90 degrees while pigeons spread disease throughout the building. Donations continue to be accepted with no explanation for where the money is going. 

We hope with the support of our community we can push for an investigation by the Sheriff’s Office and Health Department. 

The dog picture in this photo is Chloe, she arrived at AHS Newark in need of immediate medical care, which she was denied. By the time shelter eventually got her help it was too late and she died. Unfortunately, she is just one of many. 

**I would like to clarify that this is in no way directed at or placing blame on any of the shelter volunteers. This problem starts at the very top. To those you dedicate their time volunteering at this shelter, we support and thank you! 

https://www.change.org/p/ahs-newark-shelter

Definitely built for City slickers who need heat to go snowmobiling

Beautiful

Monday Funnies…

Lightning fast

“Two Elephants Freed From Concrete Pit After 20 Years”

Mother, daughter dog trainers arrested after video of their techniques goes viral

Tina Frey and Victoria Brimer (Rapides Parish Sheriff's Office)

local21news.com

WKRC Staff

Tina Frey and Victoria Brimer (Rapides Parish Sheriff’s Office)

LENA, La. (WKRC) — A mother and daughter who run a dog training facility in Louisiana are facing charges after a video of their controversial methods went viral, according to authorities.

Tina Frey, 52, and her daughter, Victoria Brimer, 21, own and operate the Cypress Arrow Kennel & K9 Academy.

The Rapides Parish Sheriff’s Office said they received complaints about animal cruelty at the business.

Police said video was taken of a lesson that reportedly shows Frey “striking a Cane Corso dog on the head with a riding crop.”

Frey’s attorney, Brad Drell, claims she is an “expert” trainer who has never hurt or injured an animal.

He also argued that the breed of dog is well over 100 pounds it can potentially be dangerous to humans if not trained properly.

The video circulating of Ms. Frey using a squirt [a short whip] on [the dog called] Fenixx creates a false impression that dogs are being injured,” Drell said. “While the video is disturbing for many to watch, what needs to be understood is that Fenixx at the time was attempting to chew through a leash, which would have allowed Fenixx to bite either Ms. Frey or her daughter. “

In the footage, Drell added, both Frey and Fennixx can be seen using the squirt on themselves, as well.

While the quirt makes some noise, it is flexible and not painful,” he said. “While I understand that many people feel, and some quite strongly, that the use of the quirt is not what they would do to correct a dog, the use of the quirt is not inhumane under the law. Fenixx was in no way injured, as is shown in the video.”

Police said the arrests were still celebrated by many animal and rescue organizations that shared the video online as a warning to pet owners.

Frey and Brimer have each been charged with two counts of aggravated cruelty to animals. They were both released on a $10,000 bond, but police said the investigation is still active, and more charges could be filed.

“I want to thank the public for bearing with us while we conducted a complete and thorough investigation into these allegations” said Sheriff Mark Wood. “I would also like to commend our Animal Control Section and our detectives in their investigation of this incident and to staying the course, following the evidence where it leads and not bending to pressure of a quick arrest” said Sheriff Mark Wood. “We always take these animal complaints seriously as we do all crimes, but we also have to investigate and make sure the alleged crime fits the law.”

https://local21news.com/news/nation-world/mother-daughter-dog-trainers-arrested-after-video-of-their-techniques-goes-viral-cypress-arrow-kennel-k9-academy-tina-frey-victoria-brimer-dogs-puppy-puppies-animal-cruelty-rescue-organizations

“Chip Roy Says Democrats ‘Are At War With The American People’ And Says ‘I Will Tell You What You Do'”

“‘The Five’: Hillary Clinton compares Trump rally to Hitler rally”

“Oh Come On, Folks—That Is Just Crazy!’: Byron Donalds Torches Biden Claims About Son Hunter”

“This is very bad news for Russia: Gen. David Perkins”

“Huge brown bear enters 7-Eleven store and helps itself to CANDY BARS ” 🐻

EXPLAINER: How to watch Steelers vs Browns Thursday Night Football game

local21news.com

Steelers helmet (Photo by Scott Taetsch/Getty Images)

WJAC staff

Steelers helmet (Photo by Scott Taetsch/Getty Images)

If you don’t have an Amazon Prime account, you will not be able to see the Pittsburgh Steelers game against the Cleveland Browns Thursday night.

Thanks to the NFL’s 11-year broadcasting deal signed in 2021, the Thursday Night Football franchise began airing on the online behemoth only last week, the first time a streaming platform has been given a full-time deal to air NFL games.

Previously, Amazon split the deal with a broadcast television network, most recently with Fox from 2018-2021 after CBS and NBC split the package for the previous two seasons.

As with the NFL’s contracts in the past with cable outlets like ESPN and their own NFL Network, the game is syndicated to an over-the-air station in the team’s local market. That means WPXI-TV in Pittsburgh and WEWS-TV in Cleveland will air the game to their home markets.

But that provision does not extend to the team’s secondary markets. The NFL designates the Johnstown/Altoona market along with the Wheeling, W.Va., Clarksburg, W.Va., and Youngstown, Ohio markets as the Steelers other secondary markets which get all games of the pertinent team that air on the network’s packages on CBS and Fox.

https://local21news.com/news/local/steelers-browns-watch-football-tnf-amazon-explainer-wpxi

“Migrant crisis solution? Here’s The LUXURY NYC Mayor Eric Adams has Proposed”

“Rescues Only Had 30 Minutes To Save This Deer”

Activists suing DeSantis over Martha’s Vineyard flights received over $1.3M from George Soros network

The class-action suit alleges that Florida Gov. Ron DeSantis and others "designed and executed a premeditated, fraudulent and illegal scheme … for the sole purpose of advancing their own personal, financial and political interests."

The class-action suit alleges that Florida Gov. Ron DeSantis and others “designed and executed a premeditated, fraudulent and illegal scheme … for the sole purpose of advancing their own personal, financial and political interests.” (Joe Raedle/Getty Images)

www.foxnews.com

Jessica Chasmar, Joe Schoffstall

The activist group at the center of a class-action lawsuit against Florida Gov. Ron DeSantis and other Florida officials for migrant flights to Martha’s Vineyard has received nearly $1.4 million from George Soros’ Open Society network.

Lawyers for Civil Rights, a nonprofit immigrant advocacy group, filed the lawsuit on behalf of Alianza Americas, according to a press release Tuesday that described the latter group as “a network of migrant-led organizations supporting immigrants across the United States.”

Alianza Americas has received a total of $1,383,947 from George Soros’ Open Society Foundations between 2016 and 2020, OSF’s records show. 

The grants came from three of his nonprofits: Open Society Institute, Open Society Policy Center and Foundation to Promote Open Society.

DESANTIS’ OFFICE HITS BACK AFTER CLASS-ACTION SUIT FROM MIGRANTS REVEALS ‘CONSENT FORM’ THEY ALLEGEDLY SIGNED

The grants were to support policy advocacy on immigration, a Global Compact for Migration initiative and to strengthen the group’s international work in Central America and Mexico.

The law firm filing the suit, Lawyers for Civil Rights, received $50,000 from the Borealis Philanthropy in 2019, tax forms show. Borealis is a left-wing donor-advised fund that acts as an intermediary steering Democratic money to organizations.

Borealis has partnered with Black Lives Matter and the left-wing Marguerite Casey Foundation, which advocates for the abolishment of policing and prisons.

The John D. and Catherine T. MacArthur Foundation has also awarded $1.26 million to Alianza Americas between 2008 and 2020, according to grants posted on its website.

A group of immigrants is fed outside St. Andrews Episcopal Church in Edgartown, Massachusetts, on Sept. 14, 2022.

A group of immigrants is fed outside St. Andrews Episcopal Church in Edgartown, Massachusetts, on Sept. 14, 2022. (Ray Ewing/Vineyard Gazette via AP)

The MacArthur Foundation funds liberal endeavors and said in September 2020 that it was awarding $25 million in grants to address “anti-Black racism, support Native Americans impacted by COVID-19, strengthen voter education and mobilization and combat voter suppression.”

The class-action suit filed by Lawyers for Civil Rights in the District of Massachusetts alleges that DeSantis and others “designed and executed a premeditated, fraudulent and illegal scheme centered on exploiting this vulnerability for the sole purpose of advancing their own personal, financial and political interests.”

The lawsuit alleges that the migrants were told they were going to Boston or Washington, “which was completely false,” and were induced with perks such as $10 McDonald’s gift certificates. It also alleges that migrants were induced to cross state lines under false pretenses, a line that some Democratic officials are using to urge a federal investigation.

A man who is part of a group of immigrants that had just arrived flashes a thumbs-up in Edgartown, Massachusetts, on Sept. 14, 2022.

A man who is part of a group of immigrants that had just arrived flashes a thumbs-up in Edgartown, Massachusetts, on Sept. 14, 2022. (Ray Ewing/Vineyard Gazette via AP)

“No human being should be used as a political pawn,” said Ivan Espinoza-Madrigal, executive director of Lawyers for Civil Rights, which is seeking class-action status representing Alianza Americas and other migrants.

In a statement provided to Fox News Digital, DeSantis spokesperson Taryn Fenske slammed the lawsuit as “political theater” perpetrated by “opportunistic activists” at the expense of illegal immigrants.

“If these activists spent even a fraction of this time and effort at the border, perhaps some accountability would be brought to the Biden administration’s reckless border policies that entice illegal immigrants to make dangerous and often lethal journeys through Central America and put their lives in the hands of cartels and ‘coyotes,’” Fenske said.

Illegal immigrants arrive at Martha's Vineyard Airport on Sept. 14, 2022.

Illegal immigrants arrive at Martha’s Vineyard Airport on Sept. 14, 2022. (Video obtained by Fox News)

Fenske provided Fox News with a copy of a consent form — available in English and Spanish — that she said was given to migrants before they boarded.

The form states, “I agree to hold the benefactor or its designed representatives harmless of all liability arising out of or in any way relating to any injuries and damages that may occur during the agreed transport to locations outside of Texas until the final destination in Massachusetts.” 

Fenske said the transportation of these migrants “was done on a voluntary basis.”

“The immigrants were homeless, hungry and abandoned, and these activists didn’t care about them then. Florida’s program gave them a fresh start in a sanctuary state, and these individuals opted to take advantage of chartered flights to Massachusetts,” she said. “It was disappointing that Martha’s Vineyard called in the Massachusetts National Guard to bus them away from the island within 48 hours.”

Fox News’ Bradford Betz, Adam Sabes and The Associated Press contributed to this report.

Jessica Chasmar is a reporter for Fox News Digital. Story tips can be sent to Jessica.Chasmar@fox.com and on Twitter: @JessicaChasmar.

https://www.foxnews.com/politics/activists-suing-desantis-marthas-vineyard-flights-received-1-3m-george-soros-network

Laughter helps a marriage last I think they have a good chance 😂

Parents need to listen to this!

Martha’s Vineyard: Definition Of Character

Stately McDaniel Manor

Out there in the trackless wastes of Flyover Country, the unfathomable, toothless, WalMart-shopping, smelly denizens—you know: Deplorables, semi-fascists, MAGA Republicans, domestic terrorists, white supremacists, Q-Anon (whatever that is), racists and every other kind of “ist”—have a pithy saying: “put your money where your mouth is.”  In other words, talk is cheap.  It’s easy to virtue signal when it doesn’t cost anything, and people who claim to be paragons of virtue, but won’t raise a finger to act on it are, in the words of another Flyover Country idiom: “All hat, no cattle.”  You know: loud mouthed posers.

View original post 1,824 more words

Why Are Walmart And Other Major US Retailers Canceling Billions Of Dollars In Orders As Summer Comes To An End?

www.zerohedge.com

by Tyler Durden

Authored by Michael Snyder via The Economic Collapse blog,

Do they know something that they aren’t telling us?  As you will see below, Walmart, Target and other major U.S. retailers are literally canceling billions of dollars in orders ahead of the coming holiday season.  I have never heard of such a thing happening before, and under normal conditions it wouldn’t make any sense at all.  The holiday season is typically the busiest time of the year for retailers, and at this time in 2021 there was actually a great deal of concern that there wouldn’t be enough inventory due to global supply chain problems.  But now everything has changed.  All of a sudden major retailers are feverishly canceling orders, and this would only make sense if a severe economic downturn was imminent.

For example, Walmart is admitting that it has canceled “billions of dollars in orders” as we approach the upcoming holiday season…

John David Rainey, Walmart’s EVP and CFO, said it had cleared most summer inventory, was reducing exposure in electronics, home and sporting goods, and canceled “billions of dollars in orders” to realign inventories. He said, “Our actions in Q3 will allow us to make significant progress toward rationalizing absolute levels and mix, which will enable our stores to be well positioned ahead of the holiday season.”

It is extremely odd that Walmart would decide to do such a thing.

Recently I had an opportunity to stroll through a Walmart, and there were plenty of inventory holes.

So what would make them suddenly cancel “billions of dollars” in orders that they thought that they were going to need for the holiday season?

Perhaps some enterprising reporter will be willing to ask them such a question.

Meanwhile, we just learned that Target has also canceled “more than $1.5 billion” in orders…

Target said it had reduced its “inventory exposure in discretionary categories” throughout Q2 by canceling more than $1.5 billion of orders in these categories and marking down products.

Target is much smaller than Walmart is, and so for Target to cancel so many orders is a really big deal.

And it turns out that Kohl’s and Under Armour have also been canceling large numbers of orders as well

Kohl’s has also pulled back on order receipts and increased promotions to get through an inventory glut.

“We have taken action to address inventory, including increasing promotions, being aggressive on clearing excess inventory and pulling back on receipts,” said Kohl’s CFO Jill Timm in a call with investors.

Under Armour also said it made some proactive cancellations due to supply chain constraints to ensure that “the right inventory was coming in at the right time,” said interim president and CEO Colin Browne in a call with investors.

These retailers are obviously scared that they will end up stuck with massive amounts of inventory that they cannot sell.

Do they believe that economic activity during the months ahead will be much lower than they originally anticipated?

One corporate executive that is actually publicly admitting that he believes that a recession is coming is FedEx CEO Raj Subramaniam

FedEx CEO Raj Subramaniam told CNBC’s Jim Cramer on Thursday that he believes a recession is impending for the global economy.

“I think so. But you know, these numbers, they don’t portend very well,” Subramaniam said in response to Cramer’s question of whether the economy is “going into a worldwide recession.”

The CEO’s pessimism came after FedEx missed estimates on revenue and earnings in its first quarter. The company also withdrew its full year guidance.

Sadly, he is right on target.

For months, I have been warning that the economic numbers were telling us that big trouble was on the way, and now everyone can see it.

But unlike the “Great Recession” of 2008 and 2009, this time we are also going to have to deal with raging inflation even as economic activity slows down all around us.

In fact, the Wall Street Journal is ominously warning that U.S. consumers “are set to pay even more this winter” as heating costs continue to soar to absolutely ridiculous levels…

U.S. utility customers, faced with some of their largest bills in years, are set to pay even more this winter as natural-gas prices continue to climb.

Natural-gas prices have more than doubled this year because of a global supply shortage made worse by the war in Ukraine, and they are expected to remain elevated for months as fuel is needed to light and heat homes during the winter. The supply crunch has made it substantially more expensive for utilities to purchase or produce power, and those costs are being passed on to customers.

The cost of living has been rising much faster than our paychecks have for quite some time now, and a lot more pain is on the horizon.

I really like how Brandon Smith recently summarized the current state of the U.S. economy…

A common refrain from people who are critical of alternative economists is that we have been predicting crisis for so long that “eventually we will be right.” These are generally people who don’t understand the nature of economic decline – It’s like an avalanche that builds over time, then breaks and quickly escalates as it flows down the mountain. What they don’t grasp is that they are in the middle of an economic collapse RIGHT NOW, and they just can’t see it because they have been acclimated to the presence of the snow and cold.

Economic decline is a process that takes many years, and while you might get an event like the market crash of 1929 or the crash of 2008, these moments of panic are nothing more than the wreckage left behind by the great wave of tumbling ice that everyone should have seen coming far in advance, but they refused.

That is so true.

We are already in the midst of a raging economic crisis, but things will get so much worse during the months and years to come.

Walmart, Target and other major retailers are working really hard to get prepared for what is coming.

Are you?

I hope so, because at this point it should be glaringly obvious to everyone that exceedingly challenging times are on the way.

*  *  *

It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.

https://www.zerohedge.com/personal-finance/why-are-walmart-and-other-major-us-retailers-canceling-billions-dollars-orders