Posted originally on the CTH on June 7, 2024 | Sundance
Dr. Phil had a lengthy interview with President Trump, drilling down on how Trump deals with being the target of so much vitriol, hatred and weaponized targeting from every facet of the American system of government. I think the interview is being well received because the questions go beyond talking about the details of the targeting and focus on the emotional part of how President Trump and his family deal with it.
These are the types of questions that ordinary supporters of the MAGA effort would likely ask President Trump. WATCH:
The United States discussed plans to provide Ukraine with a loanpaid out with Russian assets that have been frozen since the start of the war. The bulk of frozen Russian assets lie in Europe, and the European Union has announced its plans to “make Russia pay” by allocating those assets to Ukraine to fund its war against Russia directly.
Ukraine will receive $1.6 billion in frozen Russian assets this July, according to European Commission President Ursula von der Leyen who spoke at the Ukraine Recovery Conference 2024 on June 11. She stated that 90% of stolen Russian funds will go directly to defense, while the other 10% will be put toward the reconstruction effort. “My friends we have always said that Russia must be held accountable for its crimes and now we make Russia pay,” von der Leyen said.
I already noted that President Joe Biden said Ukraine will receive a loan of up to $3.7 billion through 2025. The elites claim these funds amount to money that the Russian oligarchs stole from the Russian people, but that is simply not the case. The West has confiscated assets from a foreign nation during a time of peace as Ukraine is not in the NATO alliance. Now the West is using those illegally confiscated assets to attack its adversary. This is complete and total economic warfare.
No one knows where the money that is packaged as Ukrainian aid actually goes. Portions are funneled back into the military-industrial complex and paid out to the very nations supplying aid. Everyone acts on the invisible hand in their own best interest. None of these aid packages were meant to be a handout, and Ukraine would suffer the repercussions.
Russia was patient as the West held their citizen’s wealth hostage. Putin has said numerous times that he is fighting a war with the West and not Ukraine at this point in time. Russia would have easily defeated Ukraine had there been no interference, and Russia would have never invaded in the first place had their been no interference (see: Minsk Agreement). Boris Johnson took it upon himself to go to Ukraine the moment peace was on the table to foil that plan.
Economic warfare is now on the table. China has been watching. Europe and the US are not at war in China, Taiwan is not in NATO, but nothing is preventing them from seizing Chinese assets over Taiwan and claiming that they are merely fighting for freedom. There is no longer respect for international law; the rules no longer apply.
Posted originally on Jun 13, 2024 By Martin Armstrong
Steven Camarota at the Center for Immigration Studies produced a new study published by Breitbart that explains the truth behind America’s seemingly low unemployment rate. Millions of migrants have entered America under Joe Biden. The jobs reports may seem strong each month but Fed Chair Powell himself said he has not been impressed by the incoming data. One major reason that the data is skewed is because migrants have secured an overwhelming 75% of all new jobs created in the United States in 2019.
American men have been leaving the workforce. American men with only a high school degree between 25 and 54 had a workforce participation rate of 95.7% in 1960, which has fallen to 81.6% in 2024. They cannot compete with people who are willing to accept lower pay for the same positions. Even men with a bachelor’s degree in the same age range experienced a decline in workforce participation from 95.8% in 1860 to 84.8% this year. The study concluded that workforce participation rates among all prime-age men in America plummeted 8 percentage points in 64 years.
“While labor force participation among these groups has roughly returned to pre-pandemic levels, the rate in 2024 remains at or near historical lows relative to other peaks in the business cycle,” Camarota explained. Over 300,000 Americans have left the workforce in the past year alone, while 637,000 migrants took their place.
Three in every 19 people living in the US were not born in the US as our foreign-born population surpassed 51.6 million. Biden has made it easier for migrants to fast-track their way to immigration status. The problem becomes that immigrants are being prioritized over natural-born citizens in the name of diversity but the truth of the matter is companies are able to pay them less.
Another aspect of the skewed jobs data is the growing public sector. The public sector has been multiplying under Biden and has been increasing at the fastest pace in 34 years. These public sector positions are now on the taxpayers’ payroll. The public sector produces absolutely nothing and will not add to GDP growth. The private sector rose by 4.3% in 2022 before slowing to 2.3% in 2023. These government positions are incorporated in the monthly jobs report as if they were actually contributing to the economy. Government hiring rose a full percentage point from 2022 to 2023 by 2.7%, marking the highest annual increase since 1990. Biden has plans to continue bulking up government agencies, especially as they aim to hunt down citizens for taxes and create social programs to support the increasing number of Americans who are falling beneath the poverty line as well as the 8 million illegal migrants.
Biden has been campaigning on his strong job growth. Well, he highlights the fact that the workforce rapidly grew after lockdown measures were lifted. Federal agencies are not including this information in their data – American workers are being replenished by immigrants and the government is steadily expanding.
Posted originally on Jun 13, 2024 By Martin Armstrong
The Federal Open Market Committee unsurprisingly voted to maintain rates at 5.25% to 5.5%. The numerous cuts others were anticipating are completely off the table, as the central bank said there might be one reduction for the year compared with their optimistic tone forecast made in March of three rate reductions in 2024.
“In recent months, there has been modest further progress toward the Committee’s 2 percent inflation objective,” the voting members of the Fed said in their statement. They changed their forecast on inflation from “a lack of” to “modest” progress toward the 2% inflation objective.
Four voting members do not believe the central bank should raise rates at all this year. The central bank continues to exclude food and energy, two of the primary drivers of inflation when creating their summaries and dot plots. They certainly would never include taxation in those figures. The Fed claims there will be multiple rate cuts come next year, but they would never cut rates in the face of war which is completely inflationary and produces nothing.
Raising interest rates can have no impact on demand, as the government will simply borrow more, and the central banks simply have no say. Fed Chair Powell has repeatedly said that government spending is completely unsustainable and the Biden Administration is borrowing against future generations.
I explained in an earlier post why Keynesian Economics is collapsing. That theory was created when the US had a balanced budget and the government was actually expected to repay what they borrow. They still mistakenly believe that the business cycle can be manipulated. There is not much that the Federal Reserve can do at this point in time besides hope and pray for a miracle before that $10 trillion in debt is due to expire this year.
Posted originally on Jun 13, 2024 By Martin Armstrong |
The Rule of Law has been torn to pieces. The entire Justice System in the United States is rapidly becoming a joke internationally as we border on becoming indistinguishable from the Banana Republic, where the pretense of law is only the self-interest of those in power. In Plato’s classic work, you will find the debate between Thraysmachus and Socrates. More than 2000 years ago, Thrasymachus observed what we see going on right now. JUSTICE is the same in every form of government, be it dictatorship, monarchy, or pretend democracy. JUSTICE is always the self-interest of those in power, and NOTHING has ever changed.
Once power is handed to the government, they will expand that power until they terminate all LIBERTY. That is what the CBDCs are all about – total control. If you protest, your bank account will be seized, and you will starve to death, just as they did to the truckers in Canada. This passage from Thraymachus established beyond a shadow of a doubt that HISTORY REPEATS over and over again, BECAUSE human nature never changes.
It was this very Biden administration that has thrown Trump’s advisors in prison in contempt for asserting Executive Privilege, as in the case of Steve Bannon. Bannon was convicted of contempt of Congress in 2022 after failing to provide documents and testimony to the House Select Committee that investigated the January 6th, 2021, US Capitol attack. He was sentenced to four months in prison. The two MOST corrupt courts in the nation are New York and Washington, DC. They have their own agenda and will never apply the law fairly.
While the Justice Department (DOJ) has turned over transcripts and notes from the interview, The House has maintained that they need the tapes to verify the transcript’s accuracy and to confirm that Mr. Hur’s observation was justified. Attorney General Garland of the Department of Justice will not release the actual video and audio tape because transcripts never give the nuances of human speech. A lawyer will always tell you never to joke in court. If you said yes, I killed JFK as well. When read in a transcript, those words appear to be a confession. Without the audio/video, you would not know if it was a joke or not.
Martin Luther King said, “I have a Dream.” He is not the only one to DREAM. This brings tears to my eyes, for the once great nation, the founders’ DREAM, is crumbling to dust before my eyes, and I fear what I will leave behind for my grandchildren. There was a time when men rose against oppression, and their voices resounded in history. Their words were inviting and hopeful of a new land of honor built upon that DREAM of freedom and liberty.
There was a time when honor was paramount, one’s word was your bond, and the vision of the future was exciting. We have reached a time when it all has gone wrong, bribed by money and only the DREAMS of the elite of endless power above the people. The generations before us fought for that DREAM in a time long gone by, when hope was everything and life was worth living in pursuit of happiness, and they had been enshrined in the Declaration of Independence and then the Bill of Rights.
I studied history and the evolution of law, and I once naively believed that this DREAM of liberty and freedom would never die. We embossed our currency with the phrase In God We Trust and once believed in a merciful and forgiving God who has no longer been worthy of a place in our society. Those DREAMS of the founders we may attribute to a young nation naive with hope, standing unafraid on the battlefield against oppression and tyranny. Those days of noble DREAMS are now only relegated to the unread pages of history books. Our currency is to be relegated to digital entries on a smartphone. There was no reason for one to use the pretense of inclusion and equality to strip the rights of individuals behind the facade of caring for some minority. That unity that produced a nation has been torn apart, pitting one group against another to ensure that by dividing the people, they can conquer the cycle of time and seek to retain perpetual power unassailed forevermore.
Freedom of thought, philosophy, and religion was to be carved on a Stella that stood tall and made of white marble for eternity. But that Stella has been discolored, stained with time, and toppled to the ground ignored by those with power. Its edifice no longer shines or glistens in the sunlight. The Age of Wisdom has been overshadowed by the Age of Darkness, engulfed in corruption, and the thirst for ultimate power has ensured that history will complete its wheel of revolution. There are DREAMS of the perfect land that simply can never be.
Law has no value anymore. As Thrasymachus said long ago, it is only the self-interest of those in power. Such is the fate of all civilizations, for they are all buried in a common grave. Garland is an absolute disgrace to the United States. To even argue that voter ID is not necessary when they are secretly pushing for total control with Digital Currencies and IDs so the elite can defeat the wheel of time.
Posted originally on the CTH on June 12, 2024 | Sundance
Today, June 12th, is Russia Day, a national holiday in the Russian federation. The symbolism of the intentionally timed events happening today seems to be lost on most western media.
A Russian Yasen-class nuclear submarine named “Kazan” arrived in Havana, Cuba today after piloting through the Florida straits. Watching a massive nuclear submarine sail into Havana is something extraordinary considering all the provocations taking place between the USA and Russia surrounding the conflict in Ukraine.
Additionally, in a counteraction to provide clarity to the intents and economic purposes of the Biden administration (DoS, CIA and IC), today the Treasury Dept announces new 2nd round sanctions against Russia. However, in comparative terms, the physical appearance of a nuclear-powered Russian submarine and a set of accompanying warships carrying hypersonic cruise missiles approximately 30 miles from the USA mainland, is a little more dramatic than western saber rattling about sanctioning two Russian banks, Sberbank and VTB.
The Russian submarine fleet, and specifically the Yasen-class submarine group, is the tip of the spear against any military force the USA might choose to deploy in Eastern Europe. Russian President Vladimir Putin is essentially signaling the people behind Joe Biden that he is willing to participate in the provocation approach.
The USA provoked Russia by moving NATO ever closer, including inside Ukraine. Now we see Russia provoking NATO by moving a nuclear capable fleet into position just a few miles from the USA coast. This follows the recent EU election where one of the key messages from the crushing of the pro-war leftists, was an EU citizenry rebuking the possibility of war with Russia.
The EU populists know Ukraine is a proxy fight driven by the United States and they do not want to participate. The European Union leadership wants war and leftist policy, the European Union citizens want peace and increased national sovereignty. The two EU political preferences are diametrically in conflict.
NATO and the proverbial western financial system (WEF group) want to block Russia, China, Iran and the growing economies from impeding with their carbon-trading schemes. The dollar-based digital currency is the largest operational hurdle in the process of creating a system of control based on energy use.
Digital identities and digital currencies are the predicate for digital control of the population. Thus, if you chase the Russian sanctions to their origination point, the motive you will find was/is essentially “the west” building a wall around the dollar-based global trade and finance system. Conflict with Russia set up the justification.
Yes, that is correct; we are heading straight into another banker’s war.
Posted originally on the CTH on June 12, 2024 | Sundance
Steven Bannon is the former White House Chief Strategist and Senior Counselor to President Donald Trump. Mr Bannon currently hosts The War Room podcast on Rumble and is very familiar to CTH readers.
Steve Bannon was subpoenaed by the politically motivated J6 Committee, then referred for criminal prosecution when he refused to comply with their demands citing “executive privilege.” After a political trial and DC conviction, last week a federal judge instructed Bannon to report to prison on July 1st to begin his 4-month sentence for the misdemeanor crime of refusing to comply with a congressional subpoena. The entire background is completely enmeshed in political targeting.
Tucker Carlson discusses the upcoming prison sentence with Steve Bannon. WATCH:
Posted originally on the CTH onJune 12, 2024 | Sundance
Last week President Trump proposed a new tax policy he would work to get passed by the legislative branch. President Trump wants to eliminate income taxes on tips given by customers to servers and service employees.
Speaking in Nevada, President Trump remarked, “so this is the first time I’ve said this, and for those hotel workers and people that get tips you’re going to be very happy because when I get to office, we are going to not charge taxes on tips people (are) making,” Trump told a crowd of thousands.
President Trump said he would “do that right away, first thing in office,” and noted in his remarks that he would seek legislation in Congress to make the change. “You do a great job of service; you take care of people and I think it’s going to be something that really is deserved.” WATCH:
LAS VEGAS (Reuters) -Republican presidential candidate Donald Trump told a rally in Las Vegas on Sunday that he would seek to end taxation of income from tips, a direct appeal to service workers in the swing state of Nevada, which polls suggest is leaning his way ahead of the Nov. 5 election. (LINK)
In addition to being a great financial and economic policy for the middle-class and working-class service industry, this position also solidifies a value in cash against the creation of a federal reserve digital currency.
Additionally, someone on the Twitter had a great idea for when you leave a tip at a restaurant.
Write on the restaurant check: “Vote Trump – Earn tax free tips” :))
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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