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- Republicans wave the white flag in the battle to save the venerable incandescent light bulb. You won’t find any starting August 1. We’ll tell you why.
- Ford is slated to lose $4.5 billion from its EV segment this year, a $1.5 billion larger loss than the company had expected.
- And energy providers are already positioning themselves in some countries to switch off home EV charging stations remotely to reduce pressure on the electricity grid.
- JP Morgan forecasts record gold prices by next year.
- Leprosy makes a comeback.
- And the U.S. is brokering an Israeli-Saudi Arabia peace deal.
All these stories and more when the Worldview Report begins, right now!
Good evening and welcome to the Worldview Report.
Biden’s Department of Energy plans to mete out “the maximum civil penalty” against manufacturers that “knowingly distribute” illicit light bulbs which violate their new efficiency standards.
Yes, Biden has declared war on the incandescent light bulb.
It’s lights out for the incandescent bulbs that people have known, changed and singed their hands on for 140 years.
The modern descendant of Thomas Edison’s most famous legacy is set to formally meet its demise in the U.S. at the end of this month, despite years of efforts by Republicans to extend its lifespan. As of August 1, the Energy Department will fully enforce new efficiency regulations that the old bulbs can’t meet, effectively prohibiting their retail sale.
[…] The endgame for old light bulbs came quietly — by early this year, lawmakers had mostly moved on to squabbling over gas stoves and other newer targets of the Energy Department’s efficiency efforts.
Let’s be clear. This has nothing to do with “efficiency” and everything to do with control.
With the Biden regime jailing their opposition en masse, transifying kids, threatening to start WWIII and throwing open the borders, certain issues have to take a back seat.
Over a decade ago, though, the light bulb issue shone bright for tea party conservatives and GOP presidential hopefuls, who accused Democrats of trying to limit consumers’ choices.
Obama set the demise of the incandescent bulb on its course, and President Trump reversed it, only to have it reversed again by the DOE after Biden took office.
Summit News, in an article by Chris Menahan, notes that “Trump blocking the ban was one of the highlights of his presidency.”
Over half the country still appears to be using mostly incandescent bulbs.
It’s still not clear what incandescents will survive this ban. There’s some exemptions for certain specialty bulbs but I can’t find a definitive list anywhere.
Incandescents are still the best bulbs there are as the light they produce is 100 on the color rendering index — meaning it’s identical to sunlight — whereas the best LEDs are only around 90.
Here’s a rather sarcastic look at the last 25 years of climate hysteria by Paul Joseph Watson.
WATCH VIDEO (clip first 2:16)
Zero Hedge reports that Ford is slated to lose $4.5 billion from its electric vehicle segment this year, a $1.5 billion larger loss than the company had expected.
So far this year, the division has lost $1.8 billion and this year's $4.5 billion loss figure blows away last year's $2.1 billion loss. Ford also announced that its electric F-150 pickup trucks will undergo a price cut, according to Fox.
But reality has sunk in about the company's comments regarding its electric vehicle production schedule and spending plans. Price cuts in the industry, led by Elon Musk and Tesla, have thrown Ford's production targets into a tailspin and Morgan Stanley noted on Friday that "major changes to the EV strategy" could be necessary, according to a wrap-up by Bloomberg.
Ford now says it is "throttling back" on plans to ramp up EV production. It blamed the price war for EVs as part of the cause and told shareholders it would need another year to meet its target of 600,000 EVs produced annually.
Ford Chief Financial Officer John Lawler now says Ford is "not providing a date" for producing 2 million EVs per year, which was previously the company's target for 2026.
All of this electric vehicle production is being driven by government coercion, not the free market.
The Biden administration proposed a new and ambitious set of fuel economy standards for cars and light-duty trucks Friday, its latest move to prod American consumers towards adopting electric vehicles.
The National Highway Traffic Safety Administration, a subagency of the Department of Transportation, unveiled the updated Corporate Average Fuel Economy (CAFE) standards, which would require cars and lighter trucks to improve their respective fuel efficiencies by 2% and 4% starting in 2027, according to a DOT press release announcing the proposal.
The rule would also mandate work vans and pickup trucks to increase their fuel efficiencies by 10% each year, starting in 2030. If manufacturers fail to meet the stipulations of the proposed CAFE standards, they will have to pay punitive fines to the government, according to the rule’s text.
General Motors voiced its concerns to the Biden administration about prospective new fuel economy standards, telling administration officials in mid-July that such standards could cost American automobile manufacturers as much as $100 billion in 2031 and $300 billion over a five-year timeline, according to Reuters.
The administration dismissed General Motors’s concerns, telling the company that their analysis was incorrect.
Dan Kish, senior fellow at the Institute for Energy Research, told the Daily Caller:
“This is an electric-vehicle mandate and further evidence that the elites want normal people to hoof it or take the bus. Americans had better wake up, because cars will soon be so expensive that people won’t be able to afford them.”
Of course one way to beat this and force the automakers to keep making gas-powered cars is to boycott electric vehicles.
That’s a decision more Americans might be willing to make if they became aware of the level of outside control to which these vehicles are susceptible.
The Epoch Times reports that energy providers could have the option to switch off home EV charging stations remotely to reduce pressure on the electricity grid.
In fact, such actions are already being considered in Australia.
The proposal is part of the Australian state’s Queensland Electricity Connection Manual (QECM), which provides a framework for the grid’s operation.
Section 8 of the QECM proposes that EV charging equipment may be limited or switched off by operators Ergon Energy and Energex (distributed network service providers or DNSPs) if it has an output of more than 20 amps—a standard domestic single-phase EV charger uses 32 amps.
The use of such “demand management” schemes is largely unique to Queensland and is also used on residential pool cleaning machines, hot water systems, and air-conditioning units under the Peaksmart program.
Peaksmart gives households a cash rebate; in return, the operator can turn off air conditioners remotely during peak operating times (summer) to reduce pressure on the energy grid.
The large-scale roll-out of such programs has been earmarked as a potential catalyst to close down coal-fired power stations faster – amid the net zero craze –and to, instead, adopt more intermittent renewable energy sources like wind, solar, and battery, all of which have proven to be less reliable and insufficient to power a modern economy.
JP Morgan forecasts record gold prices by next year.
The bank forecasts $2,000 gold by the end of the year with the price continuing to rise to record highs in 2024.
In his latest note, JP Morgan executive director of global commodities research Greg Shearer projects the price of gold will average around $2,175 an ounce by the fourth quarter of 2024. That would represent an 11% increase from the current price.
Shearer anticipates the end of the Federal Reserve hiking cycle after the July meeting with a cut likely by mid-2024. He said there is even further upside potential for the yellow metal if the US economy falls into a recession. The deeper the recession, the more the Fed will have to cut interest rates, which is more supportive of gold.
“We’re in a very prime place where we think gold ownership and long allocation to gold and silver is something that acts as both a late cycle diversifier and something that will perform as we look to the next sort of 12, 18 months.”
With stronger-than-expected second-quarter GDP growth, if you believe those numbers, a growing number of analysts in the mainstream now think the U.S. has escaped the clutches of a recession despite the Fed driving interest rates to the highest level in 16 years. Federal Reserve Chairman Jerome Powell said staff economists at the central bank now project a noticeable slowdown in growth starting later this year, “But given the resilience of the economy recently, they are no longer forecasting a recession.”
The New York Post reports that cases of leprosy — an infectious disease that’s been around since ancient times — have increased dramatically in Florida, and health experts fear the infectious disease is now endemic to the Sunshine State.
Central Florida accounts for nearly one-fifth of all cases in the US, according to the Centers for Disease Control and Prevention, and for 81% of the cases reported in Florida.
Also known as Hansen’s disease, leprosy is usually spread during lengthy person-to-person contact through airborne droplets from the nose and mouth of an infected person.
Historically, leprosy has been uncommon in the US, and most cases have come from people who immigrated from countries where the disease is more common.
But since 2000, cases of leprosy have gradually increased, and have more than doubled over the past decade.
And the CDC reveals that about 34% of the cases reported from 2015 and 2020 were locally acquired, as opposed to travel-related cases.
Leprosy is caused by the bacteria Mycobacterium leprae, according to the Cleveland Clinic. It affects a person’s skin, eyes, mucous membranes and nerves, causing disfiguring sores and nerve damage.
Leprosy has been around since before the biblical era when people shunned and isolated those with the disease in so-called “leper colonies.” It can now be effectively treated with antibiotics when caught early, so there’s no longer any need to quarantine people.
Although most cases of leprosy are spread from person to person, the disease can also be spread through zoonotic (animal) contact — especially through armadillos.
In the southern US, some armadillos are infected with the bacteria, the CDC reports, and it’s possible that the animals can spread it to people who come into contact with them.
Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports.
After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week — as the Nashville, Tennessee-based trucker saw customers leave in large numbers. Yellow shut down operations on Sunday, according to the Wall Street Journal, following the layoffs of hundreds of nonunion employees on Friday.
In an announcement early Monday, the Teamsters said that the union received legal notice confirming Yellow was ceasing operations and filing for bankruptcy.
“Today’s news is unfortunate but not surprising. Yellow has historically proven that it could not manage itself despite billions of dollars in worker concessions and hundreds of millions in bailout funding from the federal government,” Teamsters general president Sean O’Brien said in a statement. “This is a sad day for workers and the American freight industry.”
The energy industry in the United States is worried about rumors the Biden administration may declare a “COVID-like” climate emergency.
This move would presumably allow the administration to further enforce regulatory measures on fossil fuels, similar to the sweeping actions taken to manage the COVID-19 pandemic.
“They’re leaning to that direction,” U.S. Oil and Gas Association President Tim Stewart told Just the News. “If you grant the president’s emergency powers to declare a climate emergency, it’s just like COVID.”
Stewart noted such a pronouncement would give the president “vast and unchecked authority to shut down everything from communications to infrastructure.”
During the declared COVID-19 pandemic, government leaders closed international borders, issued “vaxx or axe” mandates to federal employees and healthcare workers and locked down many cities and states.
The lockdowns brought most businesses to a standstill until remote work became common, allowing many white-collar workers to remain employed. Many blue-collar workers ended up unemployed during lockdowns.
“They can literally do exactly what they did in COVID,” Stewart said. “If you disagree with the climate emergency, [speech] can be shut down.”
“We really need to be paying attention to that because that power could be extended indefinitely until the ‘climate emergency’ is over,” Stewart added. “Who knows how long that would last.”
The energy industry remains a key player in the U.S. economy, employing millions of Americans and providing essential services nationwide. Many industry insiders fear increased regulations could jeopardize its stability, leading to job losses and higher energy prices.
The Jerusalem Post reports that Israel and Saudi Arabia can be linked by a future railway, the opening leg of which Israel is embarking on now with a 100 billion-shekel project to construct a high-speed train linking Kiryat Shmona in Israel’s north with its furthermost southern city of Eilat, Prime Minister Benjamin Netanyahu said on Sunday.
“Today we are launching the ‘One Israel’ project - connecting the entire country by high-speed train from Kiryat Shmona to Eilat,” Netanyahu said prior to his government’s approval of the project at its weekly meeting in Jerusalem.
He linked that project with the potential of an Israeli-Saudi normalization deal, which is expected to be part of any deal between Riyadh and Washington that is now under discussion between those two capitals.
“In the future, we will be able to transport cargoes of goods by train from Eilat to our ports in the Mediterranean Sea, and we will also be able to connect Israel by train to Saudi Arabia and the Arabian Peninsula. We are working on that too.”
The project will also have a revolutionary impact domestically and environmentally, he said.
On Thursday New York Times columnist Thomas Friedman published a column explaining that Biden was mulling a major security pact between Saud Arabia and Israel.
Kamala Harris said in a recent speech that killing babies in abortions is the best way to measure a nation’s “progress.”
The vice president continued on her crusade to promote the Biden administration’s radical pro-abortion agenda last week in Iowa when she described abortion on demand as a “measure of progress.”
The Messenger reports the Democrat politician made the comment during a “reproductive rights” discussion in Des Moines ahead of a major Republican fundraiser.
Harris falsely claimed that killing unborn babies is a “right” found in the U.S. Constitution, which of course it’s nowhere to be found in the document.
“We are a nation that has measured its progress and growth in many ways, including through an understanding that we are stronger through an expansion of rights, not a restriction of rights.”
The vice president criticized Iowa and other Republican-led states for restoring unborn babies’ right to life in response to the Dobbs v. Jackson ruling. The Iowa Legislature just passed a heartbeat law to protect unborn babies from abortion once their heartbeat is detectable, about six weeks of pregnancy, but a court has blocked its enforcement.
Ignoring the existence of unborn babies and the goal of the pro-life movement, Harris went on to claim that pro-life advocates are “playing political games with other people’s lives,” according to the report.
Harris stated: “I do believe that we are witnessing a national agenda that is about a full-on attack against hard-won, hard-fought freedoms and rights.”
Time now for our Worldview Report commentary.
Former ESPN reporter Allison Williams gave an impassioned testimony before Congress last Thursday, nearly two years after she lost her job with the Disney-owned network for refusing to take the COVID-19 vaccine.
Williams appeared before the Select Subcommittee on the Coronavirus Pandemic, chaired by Ohio Rep. Brad Wenstrup, to detail her experience. She and her husband wanted to have another child and she was concerned about the Covid jab’s effect on fertility. Disney didn’t care. She also had religious objections to the Covid vaccine, and the Disney-owned company didn’t care about that, either.
Here’s a clip from her testimony.
That was a clarion call by a courageous American. I wish there were more Americans like her. Willing to stare down the globalist tyrants and count the cost of standing up for freedom. If you don’t have freedom over what gets injected into your body, you don’t have freedom of any kind, whatsoever. Williams realized that. I’m still puzzled why more Americans didn’t stand up to the Covid tyranny. Because if they had, the governments and the corporations would have never gotten away with it. As Williams said, they stole so much from us, things that can never be recovered. And now that the tyrants of the world have been emboldened, you can bet they will come back soon with another pandemic or “emergency” of some kind or another.
It's up to us to be ready for them. And make our stand.
That does it for this edition of the Worldview Report. Thanks for tuning in and for supporting this viewer-supported broadcast.
Until next time, I’m Brannon Howse. Take care.
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