Senator Bill Cassidy Confronts Treasury Secretary Janet Yellen on Biden Tax Proposal, “That’s a Lie”


Posted originally on the CTH on March 16, 2023 | Sundance 

During today’s Senate Finance Committee hearing, Sen. Bill Cassidy (R-LA) questioned Treasury Sec. Janet Yellen about Social Security and the immediate cuts that take place in nine years if the current plan goes bankrupt.  The confrontation was professional, but also very focused.  WATCH:

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House Oversight Receives Bank Records Showing Biden Family Paid by Chinese Energy Company


Posted originally on the CTH on March 16, 2023 | Sundance 

The House Oversight Committee released records today outlining how the Biden family was paid by a Chinese energy company [House Link Here].  The bank records indicate payments to Joe Biden’s son, Hunter Biden; Joe Biden’s brother, James Biden; Joe Biden’s daughter-in-law, Hallie Biden, and an unknown “Biden;” likely the principal, “big guy”, Joe Biden himself.

WASHINGTON—Today, the House Committee on Oversight and Accountability issued a memorandum revealing new evidence resulting from the investigation into the Biden family’s influence peddling and business schemes. Subpoenaed financial records show that from 2015 to 2017, Biden family members – Hunter Biden, James Biden, Hallie Biden, and an unknown “Biden” – and their companies collectively received $1.3 million in payments from accounts related to Rob Walker, a Biden family associate.

Notably, on March 1, 2017, less than two months after Vice President Joe Biden left public office, State Energy HK Limited, a Chinese company, wired $3 million to Rob Walker’s company. The next day, the company wired $1,065,000 to a company associated with James Gilliar, another Biden family associate. Afterwards, the Biden family received approximately $1,065,000 in payments over a three-month period in different bank accounts. From the bank records, it appears that the Biden family received approximately one-third of the money obtained from the China wire.  (read more)

[Source pdf]

Potential GOP Presidential Candidates – Spot the Neocons


Armstrong Economics Blog/Politics Re-Posted Mar 16, 2023 by Martin Armstrong

Can you spot the Neocons? Trump and Biden seem to be alone amongst GOP members in their desire to end America’s role in the Ukraine-Russia conflict. Trump said he would end the conflict within 24 hours, while DeSantis said Ukraine is not a vital national interest. Trump has already been attacked for merely existing, but now the establishment Republicans are going after DeSantis for his comments.

Florida Senator Marco Rubio criticized DeSantis for calling the war a “territorial dispute.” “Well, it’s not a territorial dispute in the sense that any more than it would be a territorial dispute if the United States decided that it wanted to invade Canada or take over the Bahamas,” Rubio stated. “Just because someone claims something doesn’t mean it belongs to them.” Clearly, this has no validity. The Donbas region has always been primarily Ukrainian. Those along the Canadian border don’t identify as American nor has their land been American territory since about 1846, when a treaty established the 49th parallel from the Rocky Mountains to the Strait of Georgia. Rubio also falsely claimed that the war is about Russia’s “sphere of influence, not so much about the land.” America had no reason to fear Russian influence at any point.

Nikki Haley, a popular potential candidate, is also pro-war. She claimed DeSantis is merely copying Trump on his opposition to mass deaths. “America is far better off with a Ukrainian victory than a Russian victory,” Haley said after claiming she does agree with Trump on “most policies.” Why would it be more beneficial to see an insignificant trading partner win? Is the result really worth the “blank checks” that we are sending Ukraine, as DeSantis said?

Lindsey Graham voices his terror of big bad Putin, and failed politician Liz Cheney is keeping her dad’s legacy alive by reiterating her desire to rid the world of Russia. Clearly, we can spot the Neocons and within the Republican Party who are within the establishment and will make choices based on the greater agenda rather than the wishes of the people. The issue of Ukraine will be a hot topic for the 2024 US Presidential Election, again, if the election is even permitted.

Tucker Carlson Contrasts DC’s Effort to Expand NATO War Against Russia with Position of American Voters


Posted originally on the CTH on March 16, 2023 | Sundance

For his opening monologue Wednesday night Fox News host Tucker Carlson revisited the status of the conflict between Ukraine and Russia and the disconnect between Washington DC and American voters.  WATCH:

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Joe Biden Brags About Lessening Massive Inflation He Creates


Posted originally on the CTH on March 15, 2023 | Sundance 

This is so far beyond hubris, the gaslight from where hubris emanates would take a year to reach it.

Joe Biden spikes the football on the Twitter claiming to have lessened inflation he created. [LINK]

I try not to hold negative sentiments, but I cannot help but loathe this man.

Russia Shoots Down US Drone, Escalating Fears of Hot War. Plus, David Sacks Argues SVB “Bailouts” Averted Financial Meltdown | SYSTEM UPDATE #55


By Glenn Greenwald Posted Originally on Rumble on Mar 14, 7:04 pm EDT

Censoring Social Media to Prevent Bank Runs


Armstrong Economics Blog/Censorship Re-Posted Mar 15, 2023 by Martin Armstrong

They censored social media to prevent the public from learning the truth about COVIDvaccines, and accompanying mandates. They censored social media to prevent the public from learning about Hunter Biden’s laptop before his dad could be installed at the POTUS. They censored anyone who questioned the election or Biden’s crime family and deliberately leaked Republican voter information. The extreme censorship on social media by biased fact-checkers expanded beyond the US. So it comes as no surprise that the government would like to censor “misinformation” that could lead to a bank run.

The people within the system know when a bank is failing, as we saw with SVB’s recent collapse.  Senator Mark Kelly (D-Arizona) asked the Federal Reserve, Treasury Department, and Federal Deposit and Insurance Corp (FDIC) if it would be possible to censor information that could lead to future bank runs. Kelly is denying the claims despite people on both sides confirming his question.

The government implements bots on social media to support its agenda. Elon Musk exposed Twitter prior to the takeover. Twitter admitted when filing with the Securities and Exchange Commission (SEC) that around 5% of its 300 million users are in fact fake accounts. Once Musk began to crack down on fake accounts, members of the Democratic Party saw sharp declines in followers.

Twitter quietly began to crack down on bots in April 2022, and some of the most followed accounts saw a significant drop in followers. Former President Obama once held the record for being the most followed man on Twitter with 131.7 million followers. After the algorithm changed, Obama lost 300,000 followers instantly. Pop singer Katy Perry, the third-most-followed account and an outspoken Democrat, lost 200,000 of her 108.8 million followers. Half of President Joe Biden’s 22.2 million followers are fake accounts. Based on the 2020 US Presidential Election, Biden should be the most popular president in history after securing more votes than any other president. “My strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization. I don’t care about the economics at all,” Musk said in April of 2022.

So Kelly’s proposal is not merely a method to avoid bank runs. This is infringing on our Constitutional right to the freedom of speech to control the masses via media. Let us not forget that nearly all social media platforms heavily lean left and support the same message.

Where to Go?


Armstrong Economics Blog/Forecasts Re-Posted Mar 14, 2023 by Martin Armstrong

A lot of people have been asking where to go, what bank is safe, and what’s next? This is by no means over. The fiscal mismanagement is off the charts and we have a major clash with the Marxist views of the Democrats who always want to punish the rich and then ask them for funding. Only in the Democratic Party can you have a $ 10,000-a-plate fundraiser and preach how evil inequality is and that the rich must be held accountable.

Those who keep calling for a gold standard are clueless. To have a return to balanced budgets means that the Democrats will have to completely reform. They DO NOT know how to govern without class warfare. Politics has deeply divided the United States to the point that the only reasonable solution will be to separate between the blue v red. As Lincon said, a house divided cannot stand. That is becoming so obvious that there will come a day soon when that will be the case. There are over 30 civilizations that have come before us. Every single one has collapsed. We are merely waiting for our 15 minutes in the spotlight.

We must understand that things are far worse outside the United States geopolitically thanks to the Neocons who have done nothing by conniving endless wars. They are ruthless evil people who have no problem sacrificing your family for their political aspirations. Short term, as they create World War III, the dollar will be the strongest currency as capital always flees from a conflict. We really need to IMPEACH Biden, because he is a dangerous puppet who reads whatever the Neocons write on the cue cards. Then we really need to launch an investigation of these Neocons who have usurped US foreign policy for decades and are never held accountable.

Now, many people have asked what is a small bank. They are typically local regional banks. The problem is if they just make decisions based on the talking heads on TV, then they will face tremendous problems ahead. To be diverse, for now into 2024, you may want to look at US T-bills 30-day to the 90-day max. Not every bank is in trouble. You should ask if they publish their portfolio. The big risk is that money was basically free, and they were investing that long-term. But as rates have risen, they have suffered losses.

Kevin O’Leary Stuns CNN Panel Telling Them “Biden Just Nationalized U.S. Banking System”…


Posted originally on the CTH on March 13, 2023 | Sundance

The CNN panel was jaw-agape as Kevin O’Leary appeared earlier today to inform them the decision by Joe Biden to guarantee every deposit in U.S. regional banks is akin to “Joe Biden just nationalized the U.S. banking system.”

O’Leary is correct, and anyone who is holding assets like stocks or bonds in U.S. banks now needs to reconsider the disappeared line between government and the bank assets.  If the government can assume, control and backstop every single account balance within the bank, the government can assume and control all activity of the bank.  WATCH:

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Downstream…. think about the consequences.  Remember the frozen bank accounts in Canada as a result of defining truck protest supporting Canadian citizens as domestic extremists?

Now think about the government no longer needing to ask the bank to take action, the govt has a regulatory ability to demand the bank to take action.  This takes “debanking” to an entire new level.  People are wondering why cryptocurrencies went up in value today.  There’s your answer.

Comrade citizens, at the end of this rainbow of bank nudges, we will find ourselves at the footsteps of a government controlled central bank digital currency.

Charles Payne Hits the Nail on the Head – The Biden Action is a Bailout for Silicon Valley


Posted originally on the CTH on March 13, 2023 | Sundance

March 13, 2023 | Sundance | 279 Comments

The installed occupant of the White House said something today that is just brutally false on its face.

From the words typed into the teleprompter of Joe Biden you hear, “No losses will be borne by the taxpayers. Instead, the money will come from the fees that banks pay into the Deposit Insurance Fund.” Who the hell does Biden think are paying those “fees”? Those fees paid into banks, and then out of banks, from all around the nation are paid by the people using the bank, that’s taxpayers.

The United States government does not create a single dollar of revenue. They transfer revenue from people to processes and systems of government. Charles Payne has a good perspective on this entire dynamic. {Direct Rumble Link} WATCH:

Charles Payne: This was a bailout of Silicon Valley elites.