Think it’s bad now?
Think inflation is bad now?
Think prices are high now?
It’s about to get a lot worse.
Have you heard of the coming Railway strike?
It starts on Friday if not averted by Congress and the President….and does anyone have any confidence in those two bumbling institutions?
In fact, many believe they are intentionally CAUSING the destruction of America, and since nothing else has yet worked to fully slow down America and bring it to its knees, it looks like they need to try yet another card: the Railway Strike.
But this one is serious.
Over 40% of all American goods travel by rail.
Food, water, energy.
You know, the basics to stay alive and safe.
And it all stops on Friday.
— 24/7 Wall St. (@247WallSt) September 13, 2022
You think inflation is bad now?
You ain’t seen nothing yet, says 24/7 Wall St:
A strike by railway workers against the railroads that transport food, manufacturing components, coal, and even hazardous waste may bring traffic to a halt as early as next week. A total of 90,000 workers could walk off the job. The American Association of Railroads forecast the strike could cost the economy $2 billion a day.
One of the reasons economists have been optimistic about an improvement in the rising cost of living is more abundant access to energy. Because coal travels by rail, the optimism would be wiped out by a strike.
This is the harvest period for most of America’s farmers. They may find they cannot get their crops to markets.
The component shortage that has damaged the car industry may be exacerbated by a drop in needed parts that are delivered by rail. Car prices, a primary cause of the recent inflation, began to cool. That period may be over just as it began.
The most effective battle against inflation is probably one being fought by the Fed. As it raises rates, at levels which have not been in place for well over a decade, it was assumed price increases would cool, and that unemployment would tick up. A railway strike may wipe out whatever progress the central bank has made, but unemployment could rise nevertheless as businesses buckle because they do not have access to the goods they sell.
The railway strike may only be an annoyance if there is a settlement after a few days. It appears, however, that management and labor are far apart. Ironically, inflation is among the reasons workers want higher compensation.
Mark your calendars because if Union Pacific, Berkshire Hathaway's BNSF, CSX, and Norfolk Southern don’t come to an agreement with railway unions by 12:01 a.m. this Friday, rail workers across the country are going to strike, which will bring U.S. rail to a functional halt.
— James Ray ☭ (@GoodVibePolitik) September 12, 2022
A nationwide rail strike has the potential to be a century-defining episode of class struggle in America, because the nature of railway labor law, the proximity of the midterms, and the situation in DC guarantees that it would have a radical political character.
— SA Reed (@overallsthinker) September 13, 2022
Thank God we have Congress ready to step in!
Why it matters: A shutdown of the nation’s rail system threatens to re-tangle supply chains in the U.S. and could cost up to $2 billion a day, according to an industry estimate.
- Amtrak announced Monday that it will be halting trains on three long-distance routes starting Tuesday, per the Washington Post.
What they’re saying: “There is a role for Congress if in fact they fail to reach an agreement,” Hoyer said on Bloomberg’s “Balance of Power” show. “We can pass legislation if needed.”
- “A shutdown of our freight rail system is an unacceptable outcome for our economy and the American people,” a White House official said in a statement to Axios.
- “The Administration has been actively engaged, pushing for a resolution. All parties need to stay at the table, resolve outstanding issues and come to an agreement.”
The looming threat of a national railway strike might soon require a congressional intervention, according to House Majority Leader Steny Hoyer https://t.co/LzwL15rfeT
— Newsmax (@newsmax) September 13, 2022
— Washington Examiner (@dcexaminer) September 13, 2022
Newsmax had more details:
On Monday, Hoyer told Bloomberg Television that Congress would act to avert the national railway strike. However, the congressional clock would already be ticking on the first phase of railway strike, which reportedly involves Amtrak halting three long-distance-route trains, beginning Tuesday.
“There is a role for Congress if in fact they fail to reach an agreement,” Hoyer said on Bloomberg’s “Balance of Power” show. “We can pass legislation, if needed.”
With the midterm elections less than two months away (Nov. 8), the Democrat-controlled House and Senate chambers likely cannot afford the negative publicity that comes with a nationwide railway strike.
The White House has already been inundated with logistical and inflationary concerns over the last 18 months — including pricing problems with American consumer staples, such as gasoline, diapers, baby formula, eggs, milk, and proteins at the grocery store.
As such, the Biden administration has already pledged its support in avoiding the national railway strike, which, according to industry estimates, could be a $2 billion per day drain on the U.S. economy.
“A shutdown of our freight rail system is an unacceptable outcome for our economy and the American people,” a White House official informed Axios.”The Administration has been actively engaged, pushing for a resolution. All parties need to stay at the table, resolve outstanding issues and come to an agreement.”
And from the Washington Examiner, Amtrak is also shutting down:
Three Amtrak routes went off-track Tuesday when the train company canceled the long-distance routes in anticipation of a railway strike later this week.
The three canceled routes head westward, including the Southwest Chief route from Chicago to Los Angeles, the Empire Builder route from Chicago to Seattle, and the California Zephyr route from Chicago to San Francisco. A portion of a fourth route that saw cancellations heads eastward from Los Angeles to San Antonio in a portion of the Texas Eagle route.
“While we are hopeful that parties will reach a resolution, Amtrak has now begun phased adjustments to our service in preparation for a possible freight rail service interruption later this week,” Amtrak said in a statement Monday.
Wait till the US’s 2 largest railway unions go on strike later this week.
40% of all goods in the US are hauled by rail.
Things are about to way more expensive and much harder to find.
— SmokinRob (@SmokieOkie918) September 13, 2022
— The Hill (@thehill) September 13, 2022
From The Hill:
President Biden and his Cabinet have been directly involved in trying to broker an agreement between rail companies and worker unions, seeking to avert a strike that could severely affect commuter rail services and consumer prices.
Administration officials confirmed that Biden and Labor Secretary Marty Walsh have reached out to both sides of the dispute, hoping to broker an agreement and avoid a shutdown.
A White House official said Biden was involved Monday in outreach to unions and freight rail companies and was updated again Tuesday on the situation.
A Department of Labor spokesperson said Walsh reached out Monday night “to push the parties to reach a resolution that averts any shutdown of our rail system.”
Timothy Dixon told you all weeks ago…
New Dream From Timothy Dixon: Violence/Food Shortages
Brand new dream just posted from Timothy Dixon.
This is a short one and worth the quick watch.
Timothy Dixon shares an insight on something we’ve been reporting on a lot recently: coming food shortages.
Actually, it’s not just coming, it’s already here.
But it’s about to get worse.
The good news is Timothy has some great hope at the end of this video.
Please watch and then please make sure you’re prepared.
As he says in this video, it never hurts to be prepared. Literally, no downside.
And you can prepare slowly and gradually.
Buying one box of noodles at the store?
Consider buying two and putting one in your pantry.
As I said, we’ve been reporting on this for a while now.
In fact, here’s a recent alert we had posted!
Wyoming Senator Cynthia Lummis has issued this warning about high diesel prices:
“Diesel prices are so high that some crops aren’t even worth harvesting.”
Ranchers across Wyoming are facing a harsh reality: diesel prices are so high that some crops aren’t even worth harvesting.
This will have long-term impacts on food prices.
— Senator Cynthia Lummis (@SenLummis) July 14, 2022
Commentator Mike Cernovich says:
“I’ve never said anything like this before: Food shortages will hit the US next year.”
Longtime readers can confirm I’ve never been a “survivalist” nor even close to a doomer. The opposite. Hope prevails.
I’ve never said anything like this before:
– Food shortages will hit the US next year.
— Cernovich (@Cernovich) July 14, 2022