Biden Crime Family


armstrong Economics Blog/Corruption Re-Posted Apr 30, 2022 by Martin Armstrong

Spread the love

Naomi Wolf Eloquently Deconstructs the Terms Dis, Mis, and Malinformation


Posted originally on the conservative tree houss April 29, 2022 | Sundance 

The first principle in battling against the Alinsky crew is to not to accept their terminology.  Controlling language is a specific tactic of the professional political left.  We used to call it labeling, but modern leftists moved beyond labels into the creation of new definitions.  Modern leftists now use two different strategies depending on their target: (1) create new words, the traditional labeling; and (2) redefine existing words.

In this interview Naomi Wolf is one of the few people I have seen who correctly starts her discussion by dispatching the linguistics and framing her own baseline argument.  All politicians and candidates for office should watch how Wolf responds to the first question from Tucker Carlson, and then makes the better argument.

Wolf doesn’t waste time debating “misinformation”, “disinformation”, or “malinformation”, instead she accurately just says those things do not exist. Information stands undefined. From that position there are truth and lies.  Her approach is exactly correct.  Do not accept the insanity of the Alinsky language effort.  A refreshing and really good interview, WATCH:

.

On January 13, 2022, the fraudulent and managed autocrat, the installed occupant of the White House, gave instructions to his fellow travelers in Big Tech, and I quote:

“I make a special appeal to social media companies and media outlets: Please deal with the misinformation and disinformation that’s on your shows.  It has to stop.”   ~ Joe Biden

It was crystal clear what Joe Biden was telling his allies in social media to do.  There is information the Government wants us to hear, and everything else is disinformation or misinformation the U.S. Govt disapproves of.

Immediately CTH encountered criticism for our position on information. However, Wolf understands exactly what we have discussed:

…”There is no such thing as “disinformation” or “misinformation”.  There is only information you accept and information you do not accept.  You were not born with a requirement to believe everything you are told; rather, you were born with a brain that allows you to process the information you receive and make independent decisions.”…  (link)

Ultimately, the government is not trying to control words, they are trying to control thoughts.

Spokesperson For World’s Largest Military Overwhelmed with Emotion for Ukraine During Press Briefing


Posted originally onthe conservative treehouse on April 29, 2022 | Sundance 

Comrades, the deep, long and sullen violins were playing tearfully today as the World War Reddit theatrical performance came heavily to the Pentagon.  Leading narrative engineer John Kirby was captivating in his role as profoundly sullen squire overwhelmed with the magnitude of the moment and the emotion of the struggle in Ukraine.

The Biden production company is attempting to raise another $33 billion for enhanced theater operations in the besieged European country.  Pentagon chournalists are collecting canned goods, including soundbites, to support the war effort; and the Defense Dept is broadcasting the theme to Chariots of Fire across NATO signals.

Meanwhile, emotions throughout Europe are running high as valiant Prince Volodymyr of Donbas assembles his polished armor and directs his trusted steed into the wind.

Yes, today the clouds loomed heavy as Director Kirby narrated his audience while fighting bravely to keep the spirit of Edward R Murrow alive.  The wide-eyed maidens held their collective breath waiting in the mournful stillness of the moment… You could hear a pin drop. WATCH:

Congressional Representative Stressed About Twitter Causing Hate Crimes


Posted originally on the conservative Tree house on April 29, 2022 | Sundance

An emotionally unstable moonbat from the House of Representatives is “collectively stressed” because apparently Twitter ownership is directly connected to hate crimes on the streets.  (Source)

Being worried about Twitter creating hate crimes, is one fear higher than being chased by a turtle.

The Great Twitter Riots…..

…We Will Rebuild!

Florida Governor Ron DeSantis Remarks About New DHS Disinformation Bureau, The Ministry of Truth


Posted originally on the conservative tree house on April 29, 2022 | Sundance 

Comrades, earlier today dissident Governor Ron DeSantis spoke out against the latest effort of the Biden administration to create an official disinformation bureau with a dedicated mission to assist Big Tech and social media platforms in their control of speech. {Direct Rumble Link}

There is no dis-, mis-, or mal-information There is only information the Government wants you to hear, and the information the U.S. Govt disapproves of.  The DHS disinformation board is dedicated to dealing with the latter.

Governor DeSantis made his remarks during an announcement to expand Florida infrastructure.  WATCH:

BEA Release, Wages Rise 4.5 Percent but Inflation Rises 6.6 Percent, Workers Fall Further Behind


Posted originally on the conservative tree house on April 29, 2022 | Sundance

The Bureau of Economic Analysis (BEA) released March and first quarter (Q1) data today on personal income and outlays [DATA HERE].  The results show an increase in Q1 wages of 4.5%. However, inflation is running 6.6% on the items workers need to purchase.  The net result on Main Street is unsustainable inside the economy.  The U.S. stock market is responding negatively to this release.

It’s easy to get caught up in the esoteric weeds, so my effort here is to show just what is happening by putting an overlay of checkbook economics into the BEA release.  If we take out the noise it is very easy to see the problem.  I have modified TABLE-4 to put the results into simple understandable terms.

(Table 4, Source)

By looking at the far-right column (Q1 2022) you can see the problem.  Wage growth at $268.00, minus taxes paid $51.40, leaves disposable income or take-home pay at $216.60.  However, our expenses for living (shelter, food, utilities, energy, etc) cost $398.50, leaving a deficit for our income of $181.90.  We either dip into our savings to cover our expenses, or we go into debt.  This is not sustainable.

If you look at Q1 last year, you can clearly see where all of the inflation is coming from.  That massive increase in income came from the federal COVID bailout and stimulus funds.  $4 trillion directly pumped into the economy at a time when Biden justified massive bailout spending by saying they needed to offset the economic cost of prior COVID intervention (businesses and workers shut down).  That is the primary source of current inflation.

If you take out that Q1 spend from the economic activity, the U.S. economy was already contracting.  This is why CTH has continued to say our economy was in a state of contraction since June/July of 2021.  Everything after that massive dump of money was false economic activity; the GDP growth was artificial.  That bailout spending dried up in the fall and winter of last year and now we see the 2022 GDP going negative.

In essence the GDP contraction that we should have seen in 2021 was delayed by the massive infusion of cash in April of 2021.  However, that massive infusion of cash created inflation.  That inflation has been a crisis that grew from the summer of 2021 to its apex in the last month.

♦ So, what does all of this mean?

Let’s cut to the chase.  As CTH accurately predicted previously, inflation comes in waves because supplier purchases are done in contract terms of 30, 60 and 90 days.  As each contract for purchased goods expires, the new prices for future goods are changed.  We see waves of inflation in roughly three-month increments, and while prices were rising faster on a daily and weekly basis, those wave cycles started in October of 2021.

Wave 1, came Oct/Nov/Dec 2021.

Wave 2, came Jan/Feb/March 2022.

We talked about each wave as it was coming and as it arrived.  Ultimately, Wave-2 was bigger than Wave-1 as the cumulative increases the total supply chain and manufacturing flowed into the products we purchase.

♦ Where are we now?   There are two sub-sets:

• Inflation on durable goods is now at the apex.  The durable goods price flatlines right now as all production costs are embedded in the cost of the product.  The prices of finished goods are now set; inflation has caught up to production; the prices of on-shelf and inbound deliveries are higher, but stable.

Now, we enter the phase where consumer demand becomes the dominant factor in price.  Simultaneously, demand is contracting because the higher rate of inflation in highly consumable goods (energy, utility costs, housing, gasoline, food) is now a spending priority for consumers and eating a larger portion of wages.   As a result, the price of durable goods is now dependent on the ability of the consumer to pay for them.

Sellers of durable goods are going to be chasing a smaller customer base who can afford them.  Durable goods prices will remain static, and now durable goods prices will likely become part of the competitive equation.  The businesses within the durable goods sector are going to have to find customers in order to stay in business.  Incentives will show up this spring/summer as businesses need customers.   If you are a wise, careful and smart shopper for durable goods you will find deals

• Inflation on consumable goods is not yet at the apex.  It’s likely close to production parity, but prices pressures are still volatile in the upward direction. The price of gasoline and transportation overall will be a big factor in current prices of highly consumable goods.  We should see oil, gas and energy prices stabilize first.

Rents will likely increase for another three to six months, then stabilize (and, in my opinion start to fall late summer).

Housing overall is far more challenging as mortgage rates are climbing.  Refinancing as a method to bridge the income gap between wages and expenses is a big problem now in this phase.  There is going to be a period of massive fluctuations and instability in the housing market depending on region and employment stability as the recession phase of the total economy is going to bite hard.

For most regions with mixed blend underlying economies (products and services) macro housing prices have peaked in the last 15 days.  For ordinary housing purchases, not institutional investments, we should start to see price decreases again as the customer base for high prices shrinks.  Obviously, this is driven by inventory and regional specifics; however, I am talking in the aggregate within the macro housing situation.

Food prices still have some upward pressures through Memorial day.  Then a period of stability will settle, before the third wave of food inflation hits later in the summer/fall of this year; that’s when the increases in farming costs will reach the fork.

Late summer and fall food prices will likely be 15 to 20 percent higher than current prices at the supermarket.  The fresh foods will be on the upper side of the future price wave, and the processed foods on the lower end; however, both will increase.

The last factors in the food price are far more challenging to predict….  Supply?   Any problems within the food production cycle that impacts supply will drive prices, beyond what we already expect.  If there are major shortages, the prices will go even higher.

This food environment is unfortunately the best time for Big Agriculture, the Wall Street multinationals, to make the most profit.  The Big Ag multinationals will exploit every possible angle within inventory, supply and harvest controls to maximize their profit equation.  There are a great deal of unknown global variables right now that could impact U.S. food prices later this year.  The only certainty is that prices will further increase.

Joe Biden sucks.

.

Footnote, pray for good weather and stability this summer. If it is an active hurricane season, gasoline, oil exploration and refinery issues will make matters worse. The southern coastal areas, especially Florida, Louisiana and Texas need a non-dramatic summer.

The Insanity of Stupid People in Power Pushing for War – Rejecting Peace


Armstrong Economics Blog/Ukraine Re-Posted Apr 29, 2022 by Martin Armstrong

UK Defence Secretary Ben Wallace has backed Liz Truss’ view that Russian forces must be pushed out of “the whole of Ukraine” – and suggested this should include Crimea. Even the Guardian has accused Liz Truss’ position is “recklessly inflaming Ukraine’s war to serve her own ambition.” Meanwhile, in Russia, this is playing out on TV endorsing World War III. The Russian is of Britain’s Foreign Secretary, Liz Truss, is that the war in Ukraine is a war in which is the West openly seeking the destruction of Russia. Moscow has come to the realization that this is already World War III, and the comment emerging from London is that Britain will not back down until they achieve the complete victory over Moscow. Boris Johnson apparently told Zelensky not to accept any deal with Putin. There are no peacemakers among them only warmongers.

Socrates has NEVER been wrong on such geopolitical forecasts. These people at the helm of the West are totally insane. They seem to think they can actually destroy Russia, overthrow Putin, and somehow the Russian people will welcome their liberation. For years, I have warned that post-2032, we are staring into the eyes of the collapse of the West. The financial capital of the world will shift to China. I put out those forecasts years ago.

There is simply a cycle to everything. The rise and fall of nations also follow a cyclical beat. I have put out those forecasts long before these events. How Empires Die illustrates that there is a cycle to the rise and fall of empires, nations, and city-states. If that statement were not true, we should all still be speaking Babylonian.

Nobody wishes these forecasts would be wrong more so than I. This is not something in which I take pleasure in pounding my chest and screaming I told you so! I have grandchildren who will never know the freedom or peace in which I grew up. All I can do is try to scream loud enough that maybe we can not prevent the outcome, but reduce the volatility during this transition.

Biden Wages War on Free Speech


Armstrong Economics Blog/Freedom of Speech Re-Posted Apr 29, 2022 by Martin Armstrong

“The extreme antibody reaction from those who fear free speech says it all,” Elon Musk tweeted days after purchasing Twitter. Musk has long been a proponent for free speech. “I hope that even my worst critics remain on Twitter, because that is what free speech means,” he tweeted. Despite his goal to provide a free community with open dialogue, the left has been in a serious panic.

Senator Elizabeth Warren, Speaker Nancy Pelosi, and others immediately called for more taxes and a review of Article 230: “No provider or user of an interactive computer service shall be treated as the publisher or speaker of any information provided by another information content provider.” Where was this outrage when billionaire Jeff Bezos bought out the Washington Post? The White House claims that reforms to section 230 are not due to Musk, but the timing is no coincidence.

Days after Musk publicly admitted that it was wrong for Twitter to censor the Hunter Biden laptop story, Biden declared war on free speech. Biden stepped on the First Amendment by creating a “Disinformation Governance Board” to combat “misinformation.” Nina Jankowicz, who worked on “disinformation” campaigns surrounding Russia and Ukraine, will lead the censorship board. Jankowicz has previously called the Hunter laptop debacle a “Trump campaign product,” and only appears to censor conservative voices. She previously tweeted in 2020 that Russia and Trump were behind the “laptop from hell” and promoted Hillary’s Russian collusion hoax.

President Biden is illegally stifling free speech to save face. He does not conservatives to be heard before the midterm elections. Worse, he does not want anyone to know the true contents of his son’s laptop or how he was involved. If Trump did the same for Donald Jr, he would have been impeached and written off by every media outlet.

Bishop Evans – Soldier Dead Amid Texas Invasion


Armstrong Economics Blog/North America Re-Posted Apr 29, 2022 by Martin Armstrong

Failing to control the US-Mexico border is costing lives on both sides. Spc. Bishop Evans of the National Guard lost his life after heroically jumping into the Rio Grande to save two migrants who were drowning. The situation has become so dire that 23 migrants have drowned trying to cross the Rio Grande in April alone. The 22-year-old field artilleryman was one of the 10,000 National Guard members deployed to Texas under Operation Lone Star.

Governor Abbott’s pleas for help to secure the border have fallen on deaf ears at the White House. Operation Lone Star was launched in March by Abbott in an effort to increase Texas-Mexico border security, with $2 billion in Texas legislation allotted to the effort. The bill has been controversial as the state simply does not have the resources to handle the large influx.

In Bishop Evans’ sad case, the military said he did not have the proper equipment for his assignment. “We only received about 25 percent of the requested equipment due to delays from the vendor and global supply chain issues,” the Texas Military Department’s public affairs staff stated. Calls are growing for Abbott to declare an invasion, but he would face a slew of backlash from the current administration. Texas is almost out of options for securing the border without help from the federal government.

Poland Pushing the World toward World War III


Armstrong Economics Blog/Russia Re-Posted Apr 29, 2022 by Martin Armstrong

QUESTION: I don’t get it, Poland won’t pay for gas in rubles, when I buy something from the US I have to pay in US dollars not Canadian, so what am I missing?

CM

ANSWER: Politics! Minister of Climate and Environment, Anna Moskwa clearly has zero comprehension of geopolitics. She has come out and said that the European Union should penalize countries that use roubles to pay for Russian gas. In response to Moscow’s decision to cut off supplies to Poland and Bulgaria over their refusal to do so. Moskwa has come out and said: “Poland holds necessary gas reserves and sources of supply which protect our security because for years we have been becoming effectively independent of Russia. Our storage facilities are full at 76%. Polish households will not run short of gas.” This is what she said during a press conference held on April 26th, 2022 at the Ministry of Climate and Environment.

The absurdity of her statements is beyond belief. To think that refusing to buy Russian energy will bring Putin to his knees pleading for mercy is just absurd. She makes no criticism of Ukraine and its notorious corruption of the fact that it is being reported that Zelensky has stashed over $800 million in offshore accounts while demanding $7 billion per month in aid. Even the IMF cut off Ukraine because it is so corrupt. You cannot do business in Ukraine – period! There is NOTHING that Zelensky says which can be verified independently and he will say whatever to keep the money pouring in.

Ukrainian corruption has been a systemic problem that the IMF has been complaining about since 2016. I am warning people that the corruption in Ukraine is off the charts. Reliable sources have warned that you have to pay bribes and if you pay the wrong people, you and your family are still beaten because there is a wholesale level of corruption by many groups.

Ukraine has long been a place you do not do business for you really have to count your fingers just shaking hands. Even the Ukraine press warns that reforms are always blocked. Even Ukraine’s former governor Valeria Gontareva of its central bank has come out and told the International Monetary Fund must act decisively to protect the independence of Ukraine’s central bank against Zelensky.

Nevertheless, at the same time, Poland is constructing a wall to keep the Ukrainians out for what they are not telling people is the truth. Meanwhile, sources in Poland are reporting to me that the Ukrainian refugees are complaining they are not being given more money. Some claim they got more in Ukraine and are returning. As always, nothing appears to be as the headlines present it.

The statements of Anna Moskwa are in and of themselves just absurd. She has adopted the narrative of the Neocons who want war and the net result of her statements is supporting the division of the world economy pushing us ever closer to World War III which may begin in 2023. Poland’s reserves will NOT last forever.