Bidenomics – Multiple Key Performance Indicators Spell Trouble Ahead


Posted originally on the CTH on August 10, 2023 | Sundance 

Several people have made queries about the current state of our national economic condition against the backdrop of disconnected data points that seemingly conflict. Here’s my review.

July and August are key months to gauge the prior six months of U.S consumer positioning.

Why?

Because all advance purchase orders for the U.S. holiday season are made in May, June and July for inventory builds and delivery schedules for September.  The decisions made by purchasing officers in late spring and early summer, reflect their predictive analysis for the holiday season.

Inventories are evaluated, critical financial discussions are held, and orders are placed for September arrival and distribution.  This predictive activity is what we see in the July and August data that flows from the global, multinational and shipping corporations who facilitate the transfer of the goods.  Check what is happening in distribution, and you can see what eventually creates the boxcar effect in the supply chain that ultimately leads to shuttered manufacturing.

Those who are involved in the business of shipping goods are signaling the flares around the state of the consumer economy and what will happen.  At the same time, the wording is almost hilarious in this era of great pretending.  Instead of saying ordinary words like “poor sales results for durable goods,” the parseltongue calls sales, “destocking.”  Example:  “CEO Vincent Clerc said he saw no sign that the destocking which has curbed global trade activity would end this year.”

Global shipping company Maersk is warning that shipping volume is low because warehouse inventories are high.  The goods are unsold.

(Reuters) – […] CEO Vincent Clerc said he saw no sign that the destocking which has curbed global trade activity would end this year.

“We had expected customers to draw down inventories around the middle of the year, but so far we see no signs of that happening. It may happen at the beginning of next year,” Clerc said at a media briefing.  “Consequently, the uptick in volumes we had expected in the second half of the year has not occurred,” he said. (read more)

The lack of shipping leads to a review of inventory status for the warehouses who would receive the goods.

Bulging Warehouses – […] A review of corporate statements and briefings shows more than 30 U.S. and European companies, including Hugo Boss, Heineken and A.P. Moller-Maersk, 3M Co and Stanley Black & Decker complained that destocking hurt their second-quarter performance.

Retailers particularly have struggled with stocks of clothing and footwear as consumers splurge on holidays rather than goods as they did during pandemic lockdowns.

The downbeat outlook comes amid low expectations for second-quarter results as China’s post-pandemic recovery slows. Refinitiv I/B/E/S data shows U.S. and European companies are expected to report their worst quarterly results in years.

Companies which stockpiled last year are finding it harder to shed inventories when higher borrowing costs and inflation crimp consumer demand, corporate executives and analysts said.

In the euro zone, stocks of finished products hit records in August last year and destocking only started in May, based on latest euro-zone manufacturing data.

In the U.S., an analysis of U.S. Bureau of Labor Statistics by CFRA Research showed business inventories soared by 20% in mid-2022, the biggest jump on record based on data that goes back to 1993. Retailers led the trend – raising inventories by a quarter from a year earlier.

The date in this next paragraph is key:

[…] The U.S. inventory-to-sales ratio was 1.4 in May, up from 1.33 a year ago, which means retailers, manufacturers and wholesalers have more inventory than they can sell at a higher rate than a year ago. (link)

When purchase order decisions for the holiday season of 2023 were being made, the inventory levels were higher than 2022.  This is KPI (Key Performance Indicator) data, because the holiday of 2022 was a total mess.

Holiday sales last year were exceptionally weak as wage earners were struggling to pay for higher prices in essential goods and services, fuel, oil, heating, energy, gasoline, food and shelter.  The lack of consumer purchasing for non-essential goods and/or luxury items resulted in poor sales last year, and the inventory levels are actually higher this year than last year when this year’s purchasing decisions were being made.  That reality drops purchase orders.  The dropped purchase orders lead to Maersk saying they are shipping less goods.

Now, let’s get USA domestic…. because it’s all connected.  For that let’s turn to the U.S. Postal Service:

USPS DATA – First-Class Mail revenue increased $221 million, or 4.0 percent, on a volume decline of 678 million pieces, or 5.9 percent, compared to the same quarter last year. Shipping and Packages revenue remained relatively flat while volume declined 41 million pieces, or 2.4 percent, compared to the same quarter last year.

Marketing Mail revenue decreased $333 million, or 8.8 percent, on a volume decline of 2.6 billion pieces, or 16.0 percent, compared to the same quarter last year. The Marketing Mail decreases were driven by the continued decline in advertising spending due to economic pressures experienced throughout most of the fiscal year, a higher inflationary environment affecting print media production costs. (link)

So, let’s put it all together….

Consumers did not buy stuff.  As a result, spring inventories were high.  Purchasing managers forecast weak sales. Summer purchase orders were very low.  Shipping companies reflect declines in shipping because the purchase orders were low. Advertising and marketing budgets were cut to meet the decrease in consumer spending.  Consumers are not forecast to spend this holiday season.

The economic pie is getting smaller.

Keep in mind, this is all intentional.  This is all part of the outcome from “managing the transition” to a new energy economy.

As you are well aware the various western nation central banks including the U.S. Federal Reserve, are raising interest rates into a global economic contraction, a drop in demand.  Raising interest rates into a contracting economy is counterintuitive, it runs against the expressed interest of government to grow economic conditions.  However, there is a purposeful design to the contradiction.  [A TLDR Version Here]

The central bankers are trying to support western government policy.  Unfortunately, the government policy they are under obligation to support is the fundamental energy shift, or what the World Economic Forum (Davos Group) has called the “Build Back Better” climate change agenda.

Monetary policy can only impact one side of the inflation challenge.  The western bankers (EU central bank, U.S. federal reserve bank, and various banking groups) are raising interest rates in order to “tame inflation” by “taming demand.”  However, as you know the global economic demand has been declining for several quarters.  Raising interest rates into an already contracting economy only does one thing, it speeds up the rate of economic contraction.

Economic contraction is the lowering of economic activity.  Raise interest rates -in a general sense- and businesses invest less, borrowers borrow less, consumers purchase less, employers expand less, and the economy overall slows down. When the economy turns negative, meaning less products and services are produced, we enter a recession. Some businesses and employers do not survive a recession and subsequently unemployment rises.

During recessionary periods people buy less stuff, people have less income stability, and economic activity drops.  When the banks raise interest rates into an economy that is already stalled or contracting, unemployment and general pain on Main Street increases.  Workers are laid-off, incomes shrink, consumer spending drops and that leads to less employment.  Recessions are bad for middle-class and working-class people.

However, that said, there is one benefit from a recession…. Energy use drops.

Biden Corruption Context and The Lightbringer


Posted originally on the CTH on August 10, 2023 | Sundance

This is a short reminder about linking President Obama, Teh One true bringer of all progressive enlightenment, into the discussion and analysis of Joe and Hunter Biden’s corruption, bribery and influence selling while in office.

There are an increasing number of people who are asking when the golden child will be brought into the issue of Vice-President Joe Biden selling his influence while working for the Lightbringer. Please stop!  There will never be any accountability for Obama in any endeavor or discovery – not by this generation.

Historians will note the issue later in the annals of historical reference long after we are departed; but right now, in this era, the Lightbringer is immune.  Obama represents the personal identity of the professional political left. To remove the veil of Teh One is to deliver a black pill so toxic that entire segments of the U.S population, including every facet of DHS controlled media operations, would melt in place.  It will never happen.  Not ever in this era.

You would have a greater likelihood of success convincing the youthfully vaccinated to accept they have decreased their life expectancy.  Which is to say, it will never happen. Remember, we are living in an era of “Great Pretending,” that is why I emphasize this continued pretense so forcefully.  Stop pretending, and the entire political system collapses. Collapse the political farce, and the social fabric starts self-repairing.

As long as the era of great pretending remains as the easiest psychological condition to survive the abuse, there will be no shift for people to look at their core beliefs and the fabricated world around them.

When you see articles written like this in the Wall Street Journal, keep in mind the presentation is done while remaining in a state of perpetual pretending:

[…] Also, perhaps Barack Obama would consider explaining why he doesn’t appear to have enforced the same ethical rules on Joe Biden that he did on Hillary Clinton.

If voters have any hope that the office of the vice presidency will not be abused in the future the way it was by Joe Biden, then a full accounting is required to understand how and why normal ethical standards were not applied. (link)

The question about Obama, and Joe Biden as his VP, is based on pretense.  Stop pretending and the leverage Joe Biden held over Barack Obama is transparently easy to see.   Obama could not stop Biden from selling his office for financial gain, because Obama made a deal with Biden in 2008.

Joe Biden was Chairman of the Senate Foreign Relations Committee, with oversight jurisdiction of the State Dept., and by extension all foreign policy nominations etc.

John Brennan was working for the Obama campaign when his outside government group, The Analysis Corporation, “hacked” into the state dept database to clean up issues and gain leverage over the Senator from Illinois.

John O. Brennan, Obama’s top terrorism and intelligence adviser, is the owner of The Analysis Corp. – the firm that was cited in March 2008 for penetrating the files of presidential candidates Barack Obama, Hillary Rodham Clinton, and John McCain in the State Department’s passport office.

At the time of the breach, Brennan was working as an unpaid adviser to the Obama campaign.   After the breach was revealed by the Washington Times , Brennan stated:

“This individual’s actions were taken without the knowledge or direction of anyone at The Analysis Corp. and are wholly inconsistent with our professional and ethical standards,” Brennan’s company said in a statement sent to reporters after the passport breach was made public.  (link)

The Washington Times Reported – Passport application data includes such details as date and place of birth,  e-mail address, mailing address, Social Security number, former names and travel  plans. Mr. Obama was born in Honolulu in 1961 to a Kenyan father and American  mother. He lived in Jakarta, Indonesia, from age six to 10.

Computer-monitoring equipment detected the activities by the three employees  on Jan. 9, Feb. 21 and March 14, triggering alarms in each case, Mr. McCormack  said.  Mr. McCormack said the officials accessed Mr. Obama’s records “without a need  to do so.”

“In each case, we immediately contacted our contractors, their employer, and  two were fired and one was disciplined,” he said.  (link)

But it is important to remember EXACTLY what Brennan’s background was prior to the State Department breach.   Brennan spent 25 years working for the CIA prior to the security breach:

Mr. Brennan spent most of his C.I.A. career as an analyst, but during the 1990s served a tour as the chief of the station in Saudi Arabia.   From 1999 to early 2001, he was chief of staff to George J. Tenet, the director of central intelligence, as the position was then called. At the end of his CIA. service, in 2004 and 2005, Mr. Brennan set up what is now the counterterrorism center.  (link)

Yet, people would have you believe, after 25 years within the CIA, and after being the Chief of Staff to the Director, and after being the person who set up the counter terrorism center, and after being the CIA approved contractor for the State dept., well, he just didn’t know that someone from his firm was penetrating the passport files within the State Dept. on three occasions in Jan and Feb to look at information of the candidate who he was specifically working for….. you getting this?

Well, that was their story, and they stuck to it in 2008.

After the initial inquiry, federal investigators maintained the target of the illegal activity was Obama’s passport file.   It does not take a stretch to come to the conclusion this was for the sole purpose of cleansing the records of information that would jeopardize Obama’s candidacy.    As many people speculated at the time, the breach of the passport records of the other candidates was merely to create confusion.

Brennan was, at the time, an unpaid advisor working with Obama’s campaign. Passport files include an applicant’s name, gender, social security number, date and place of birth, and passport number. Additional information may include birth certificates, naturalization certificates, or oaths of allegiance for U.S. born persons who adopted the citizenship of a foreign country as minors.

It is important to remember the oversight agency that would be investigating the breach – The Senate Foreign Relations Committee oversees the State Department.

At the time Senator Joe Biden, now President Biden, was the Chairman of the Senate Foreign Relations Committee when the breach would be investigated.

Secretary of State Condoleezza Rice phoned Obama and personally apologized for the breach. “I told him that I myself would be very disturbed if I learned that somebody had looked into my passport file,” Rice told reporters. She phoned Clinton and McCain and offered similar apologies.

Following the breach, State Department managers met with Senate Foreign Relations Committee Chairman Joseph Biden, whose committee has oversight over the Foreign Service and the passport office.  (link)

And, well, what do you know…  Biden became the VP pick of Obama.

CLEANUP – State Department employee, Lieutenant Quarles Harris, Jr. who had the passport access, apparently was the guy who penetrated the database and scrubbed the records.  Harris was killed – April 18th, 2008.  Yes, Lieutenant Harris decided to cooperate with the FBI who were investigating the break-in.   Soon after his cooperation became a matter of record, his body was discovered in his parked car; he had been shot twice in the head, likely a “suicide”.

Last point. In mid-February 2010, White House Press Secretary Robert Gibbs alerted WH reporters that certain questions about Obama’s job with Business International Corporation (BIC) would not be subject to discussion.  BIC was well known in Washington DC to be a front company for the CIA; hence, many speculated the State Department passport records were scrubbed to erase any potential mention of Obama’s CIA activities and his personal information.  You decide.

Stop the pretending and it all makes sense.

As long as we keep pretending, it all seems rather odd.

See my point

The BRICS Revolt: Is Biden’s War in Ukraine Fueling the Collapse of US Hegemony? Plus: Film Documents CIA’s Covert Takeover of Hollywood, w/ Roger Stahl | SYSTEM UPDATE #125


Glenn Greenwald Posted Originally on Rumble on: Aug 7, 7:00 pm EDT

The two men that will Destroy the United States of America and will always be remembered for the Evil that they have done!

Joe Binden & Hunter Biden!

A Non-Pretending Discussion About Barack Obama


Posted originally on the CTH on August 4, 2023 | Sundance | 512 Comments

Every once in a while, you stumble upon an article that is insightful and valuable. This outline is intended to draw everyone’s attention to one of those articles.  ~ SEE HERE

Writing in Tablet Mag, David Samuels outlines his discussion with very well-respected historian David Garrow about Barack Obama and Dr. Martin Luther King, but mostly about Obama.

It is an intensely interesting albeit very long read, much of it drawn from a transcript of the conversation initiated by Samuels about the research Garrow did for his 2017 book on Obama called “Rising Star.”

The type of intense, deeply cited and granular research that David Garrow did for his book, is the type of research historians 50-years from now will be citing as they outline the legacy of President Obama.  This is also the type of research and non-pretending analysis you will never see approved for conversation by those who currently maintain the false pretense of the subject.

“I doubt that in the long run, Obama’s foreign-policy failures are going to be seen as the most important part of his legacy. I think future historians are going to look at the Obama presidency and see it as the moment when this new oligarchy merged with the Democratic Party and used the capacities of these new technologies and the power of this new class of people, the oligarchs and their servants, to create a new apparatus of social control. How far they can go with it, what the limits are … you see them trying to test it out every week or so.”  ~ David Samuels

Garrow and Samuels both discuss Barack Obama in a way that is extremely accurate; as a result, antithetical to the populism that surrounds the former President.  People who have followed political events will bathe in the truthfulness of the discussion.  Obama, a man created by his own intent and purpose, to present himself and his transitional identity to a select audience of affluent white liberals.  This audience would help Obama achieve his narcissistic life goal to have a “valet and private plane”, while simultaneously assuaging their white guilt.  The plan worked swimmingly.

Samuels talks about the curiosity of President Obama maintaining his residence in the nation’s capital, an often-visited command center in Washington DC, where important members of the current administration assemble at times, and secret service vehicles are often spotted coming and going. Yet, for some odd reason, the DC media network who are directly responsible for tracking and outlining the comings and goings of those in power, are seemingly incurious about this home/headquarters.

[…] Samuels: “The easy explanation, of course, is that Joe Biden is not running that part of his administration. Obama is. He doesn’t even have to pick up the phone because all of his people are already inside the White House. They hold the Iran file. Tony Blinken doesn’t.”

[Garrow interjecting] “Rob Malley was the guy on that.”

Samuels: “Rob Malley is just one person. Brett McGurk. Dan Shapiro in Israel. Lisa Monaco in Justice. Susan Rice running domestic policy. It’s turtles all the way down. There are obviously large parts of White House policymaking that belong to Barack Obama because they’re staffed by his people, who worked for him and no doubt report back to him. Personnel is policy, as they say in Washington.

Which to me is a very odd and kind of spooky arrangement. Spooky, because it is happening outside the constitutional framework of the U.S. government, and yet somehow it’s been placed off the list of permitted subjects to report on. Which is a pretty good indicator of the extent to which the information we get, and public reactions to that information, is being successfully controlled. How and by whom remain open questions, the quick answer to which is that the American press has become a subset of partisan comms.”  (link)

There is a perspective of genuine historically correct discussion between Samuels and Garrow that is very interesting.  Factually, there are a lot of reference citations in the Obama tenure that reconcile well with how Garrow outlines the process inside the mind of Barack Obama.

You might remember, the day after the Sept 11, 2012 attack on the U.S. consulate in Benghazi, Libya, a seemingly detached Obama hops a flight aboard AF1 that morning at 6:00am to go west campaigning and collecting donor checks in Nevada and California.  The ego legacy superseding the potential for damaging political consequences.

In addition to Garrow outlining the lack of deep consequential relationships in the life of Obama, a man perpetually unmoored from any roots or familial guidance, able to morph himself to the framework of an image he also was responsible for creating – there are a lot more events in/around the era of Obama that reconcile.

I am going to draw attention to one such example, because this is the first time I have seen anyone, other than myself, connect the dots of the new surveillance state to the intents and purposes of Obama’s tenure in office.   As noted during the conversation, David Samuels says…

….”So Obama starts out as an eloquent opponent of the Patriot Act, etc., etc. By the end of his presidency, his people are unmasking intercepts of his political opponents every day, and the FBI is spying on Donald Trump.”… 

The response from Garrow is as succinct as it is accurate, “that’s right!

This is my happy place.  I cannot tell you how refreshing it is to see an article that drops all of the pretending and starts to talk about the reality of our situation.  If we stop pretending we unite as a country, because we all start to accept the same baselines.

The fraud that has been purposefully deployed as a tool for fundamental change, can only exist if people pretend that fraud and corruption does not exist.  Stop pretending, and the sunlight of commonality begins to unite our nation.

This weaponized national security state will be the legacy of President Obama.

While future historians may reference the obvious failures in almost all of Obama’s foreign policy, specifically the events in the Middle East and ISIS manifest, the core of what will be attributed to President Obama will be the weaponized surveillance state using all the tools created, fine-tuned and deployed during his time in office.

All of that machinery within the, DHS, NSA, FBI, DOJ-NSD, ODNI, is still running on autopilot – massively controlling the mechanics of communication and social media, thanks to the pathways, networks and systems President Obama authorized.

More to follow…

House Oversight Committee Releases Transcript of Devon Archer Testimony About Joe and Hunter Biden Business Deals


Posted originally on the CTH on August 3, 2023 | Sundance 

Hunter Biden’s business partner at Burisma, Devon Archer, testified about the nature of the business construct and the flow of payments to the Biden family.  The House Oversight Committee has released the 141-page transcript [READ HERE].

Within the transcript, when Democrat representative and lawyer Daniel Goldman questioned Mr. Archer about the exact value of having the Biden family as part of the Burisma Holdings organization, Archer informed Goldman the intent of the partnership was for the Biden family to keep the legal inquiry about the business operation under control.

Various foreign businesses contracted with Hunter Biden and Devon Archer, specifically because Joe Biden could address their interests and influence government, both in the USA and abroad. [House Link HERE]

[Read Transcript pdf Here]

Mr. Archer: My only thought is that I think Burisma would have gone out of business if it didn’t have the brand attached to it.  That’s my, like, only honest opinion.  But I have no basis for any ‑‑ never heard any conversations –

Mr. Goldman: But that’s different than Joe Biden’s action. 

Mr. Archer:  Right.

Mr. Goldman: You’re just talking about that Hunter was on the board. 

Mr. Archer:  Right. And I think that’s why –

Mr. Goldman:  And so –

Mr. Archer: ‑‑ it was able to survive for as long as it did.

Mr. Goldman: By ‑‑ because of additional capital or –

Mr. Archer:  Just because of the brand.

Mr. Goldman: Well, I don’t understand.  How does that have an impact? 

Mr. Archer: Well, the capabilities to navigate D.C. that they were able to, you know, basically be in the news cycle.  And I think that preserved them from a, you know, from a longevity standpoint.  That’s like my honest ‑‑ that’s like really what I ‑‑ that’s like how I think holistically.

Mr. Goldman: But how would that work? 

Mr. Archer: Because people would be intimidated to mess with them. 

Mr. Goldman: In what way? 

Mr. Archer:  Legally.

Democrats Knew About the Biden Crime Family


Armstrong Economics Blog/Corruption Re-Posted Aug 3, 2023 by Martin Armstrong

The story began by claiming Joe Biden had never once contacted Hunter’s business associates. There was a video circulating for years of Joe Biden bragging about threatening to withhold $1 billion in aid to Ukraine until they fired prosecutor general, Viktor Shokin, to help out his son. Trump asked Zelensky to investigate Burisma and the Biden crime family, which backfired and resulting in Trump in the hot seat.

“I have never spoken to my son about his overseas business dealings,” Joe said at a Democrat fundraiser in Iowa in 2019. Trump asked Biden to explain what “10% to the big guy” regarding another scandal. Then too, Trump was accused of misspeaking.

Then we had the numerous trips Hunter took on Air Force II to accompany good old dad. The laptop from hell revealed everything, but intelligence agencies denied its existence up until a few months ago. Cathay Bank came out and said the Bidens were funneling money. A WhatsApp message sent by Hunter Biden was recently revealed where he threatened an executive by saying he is sitting right next to his powerful father. The evidence is overwhelming, but the Democrats and every intelligence agency have protected the Biden crime family.

Now, the Democrats admit that Joe DID have involvement in the Burisma deals. “Hunter may have put his father on the phone with any number of different people, and they never once spoke about any business dealings,” Democrat Rep. Daniel Goldman said. “As he described, it was all casual conversation, niceties, the weather, ‘what’s going on?’…“It’s kind of a preposterous premise to think that a father should not say hello to people that the son is at dinner with. And that is literally all the evidence is,” he added.”

This is a completely disgusting abuse of power that amounts to treason. What grown man asks his father to speak on the phone with his business colleagues? They could have at least attempted to lie. They are threatening Trump with every lawsuit under the sun while Biden, a known traitor to the United States, walks/stumbles freely.

Tucker Carlson Interviews Devon Archer about Hunter and Joe Biden Selling Influence to Foreign Businesses


Posted originally on the CTH on August 2, 2023 | Sundance 

Tucker Carlson sad down with Hunter Biden business partner Devon Archer following Mr. Archer’s testimony to a House Oversight Committee. {Direct Rumble Link}.  The first part of that interview was broadcast by Tucker Carlson via Twitter.

Within this part of the interview Tucker Carlson asks Devon Archer about the overall business model Archer and Biden formed in Burisma and what was the specific set of skills that Hunter brought to the enterprise.  As noted by Mr. Archer, the relationship and purpose of Hunter Biden was entirely about access to government systems that could benefit the businesses who hired their firm.  They were selling influence as a business model and Joe Biden was part of the process.  WATCH:

There are many people rightly demanding Joe Biden be impeached for selling his office and influence, as exhibited in the examples of Hunter Biden.  However, I would temper any expectations in that direction by noting this “influence selling” is the currency of the entire system.  Democrats and Republicans both have family members and businesses based on this system.

Additionally, as we have written in these pages for many years, the entire purpose of the House and Senate Foreign Relations Committee is to sell political policy influence to foreign governments.  Seats on committees are assigned to politicians based on their status within the hierarchy.  The example of Hunter Biden and Devon Archer via Burisma is one of hundreds of similarly constructed mechanisms.

Joe Biden will never be impeached for selling his office to foreign governments.  It will never happen.  Senator Joe Biden was Chairman of the Senate Foreign Affairs Committee for exactly this reason.

Anchorage Mayor to Fly Homeless to Los Angeles




Armstrong Economics Blog/USA Current Events Re-Posted Aug 1, 2023 by Martin Armstrong

“We are going to offer them a chance to stay warm this winter,” Anchorage, Alaska, Mayor Dave Bronson stated regarding the growing homeless population. Eight people died of exposure last year, and Bronson said it is cheaper to pay for a one-way flight than to create makeshift housing. Bronson said a one-way ticket to LA would cost the city about $286 per person. In comparison, the city would need to spend over $100 daily for temporary shelter.

The program has not been funded or approved. Obviously, LA is not too happy about the announcement. “Someone says, ‘I want to go to Los Angeles or San Diego or Seattle or Kansas,’ it’s not our business,” Bronson said of their final destination. “My job is to make sure they don’t die on Anchorage streets.” About 40% of Alaska’s population lives in Anchorage, but they host 65% of the homeless population. “The taxpayers to whom I’m responsible to can’t keep footing the entire bill,” he said. “We need a statewide solution to a statewide problem.”

LA Mayor Karen Bass declared a state of emergency in 2022 regarding the growing homeless population. “It will create the structure necessary for us to have a true, unified and citywide strategy to set us on the path to solve homelessness,” Bass said after promising to house at least 17,000 people during her first year in office. This was before the US-Mexico border was opened to the world. The homeless population in LA continues to grow at a record pace.

No one knows exactly what to do about the growing homeless problem in America. Our politicians are willing to send hundreds of billions to Ukraine but refuse to address the issues we face at home.

The Biden Administration From Hell


Armstrong Economics Blog/WOKE Re-Posted Aug 1, 2023 by Martin Armstrong

I have dealt with governments around the world. NEVER in my entire career have I EVER witnessed an administration so intent upon pushing a dictatorial regime that is so against the founding principles of a free society as this Biden Administration. To be VERY clear, this really is not an attack on Biden personally. He is not the one calling all of these insane shots designed to undermine the very fabric of the nation because stupid zealots in so many fields think they have the right to change society to conform to what they think it should be. That is what Karl Marx tried with communism – remove all personal wealth and control the business cycle.

With absolutely NO science behind any of these agendas from transgender pushing, those who go through this procedure have a significantly higher rate of suicide. Instead of ending discrimination, it has caused it and all of this is to push an agenda of reducing population. Just as the BLM movement was taken over for a covert agenda. The same is taking place with this Pride agenda where gay people are getting thrown into the same cauldron as Transgender. The White House does not do the same for all the other groups or religions.

Then we have the CDC moving COVID vaccines to be an annual shot. They are too busy taking money from Pfiszer to protect the people anymore. I know people who have died, others who have heart problems, and even my lawyer took the shot so he could travel, got blood clots, and not can no longer fly. This is outrageous! My next-door neighbor had COVID and was forced to get vaccinated to go on a family cruise. She was 27 and rushed to the hospital, and almost died the day after being vaccinated. I’m sorry, but these vaccines are not traditional, and there is no long-term risk assessment. Mandy Cohen should be in prison for abandoning her fiduciary duty to protect the public.

Then we have the cleanest fossil fuels being outlawed by this insane Biden Administration that has been taken over by every insane group possible. I grew up with gas heat and a stove. They want to claim that such a small fraction of people warrant shutting down this entire industry. What about smoking? How about peanuts? I have been on a flight and you were not allowed to have a pack of peanuts because one person was extremely allergic to peanuts.

Then we have the Neocons who run the White House and push us into World War III. Now, Blinken, the current leader of the pack in the White House, publicly says nuclear war is no worse than Climate Change. So don’t worry; it will be no big deal if he starts pushing buttons and China and Russia.

The Neocons have already destroyed the world economy with sanctions against Russia. Now you have the death of the SWIFT system and alternatives from China and Iran, so now the threat of removing a non-compliant state from SWIFT no longer has the power it once did.

And now they are moving for a totalitarian state eliminating all cash and moving to a digital currency so they can regulate what you are allowed to buy and sell and make sure they collect every penny of tax they think you have. Just one EMP pulse, even from a nuclear blast, will wipe out electronics, and your wealth will vanish overnight.

This Biden Administration is the final straw that is destroying America. It will never be the same; instead of unity, they create division on every front. Even the EU is moving to separate from the United States policies.

House Oversight Committee Releases Statement Following Devon Archer Testimony


Posted originally on the CTH on July 31, 2023 | Sundance 

Today, Hunter Biden’s friend and business partner Devon Archer testified in a closed session before the House Oversight and Government Reform Committee.

At the conclusion of the testimony, the House committee released the following statement. Hopefully a transcription of the testimony will soon follow.

WASHINGTON—House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) issued the following statement following Devon Archer’s four-hour transcribed interview with the committee:

“Devon Archer’s testimony today confirms Joe Biden lied to the American people when he said he had no knowledge about his son’s business dealings and was not involved. Joe Biden was ‘the brand’ that his son sold around the world to enrich the Biden family. When Joe Biden was Vice President of the United States, he joined Hunter Biden’s dinners with his foreign business associates in person or by speakerphone over 20 times. When Burisma’s owner was facing pressure from the Ukrainian prosecutor investigating the company for corruption, Archer testified that Burisma executives asked Hunter to ‘call D.C.’ after a Burisma board meeting in Dubai.

“Why did Joe Biden lie to the American people about his family’s business dealings and his involvement? It begs the question what else he is hiding from the American people. The House Committee on Oversight and Accountability will continue to follow the Bidens’ money trail and interview witnesses to determine whether foreign actors targeted the Bidens, President Biden is compromised and corrupt, and our national security is threatened.”

Below are key takeaways from Devon Archer’s transcribed interview:

♦Devon Archer testified that the value of adding Hunter Biden to Burisma’s board was “the brand” and confirmed that then-Vice President Joe Biden was “the brand.”

♦Archer admitted that “Burisma would have gone out of business if ‘the brand’ had not been attached to it.” He believed that Hunter Biden being on the board and the Biden brand contributed to Burisma’s longevity. People would have been intimidated to mess with Burisma legally because of the Biden brand.

♦In December 2015, Mykola Zlochevsky, the owner of Burisma, and Vadym Pozharski, an executive of Burisma, placed constant pressure on Hunter Biden to get help from D.C. regarding the Ukrainian prosecutor, Viktor Shokin. Shokin was investigating Burisma for corruption. Hunter Biden, along with Zlochevsky and Pozharski, “called D.C.” to discuss the matter. Biden, Zlochevsky, and Pozharski stepped away to make the call. This raises concerns that Hunter Biden was in violation of the Foreign Agents Registration Act.

♦Devon Archer testified that Hunter Biden put then-Vice President Joe Biden on the speakerphone during business meetings over 20 times. Archer testified that Joe Biden was put on the phone to sell “the brand.” These phone calls include a dinner in Paris with a French energy company and in China with Jonathan Li, the CEO of BHR.

♦Archer acknowledged that then-Vice President Biden had coffee with Jonathan Li, the CEO of BHR, in Beijing. Then-Vice President Biden even wrote a letter of recommendation for college for Li’s daughter.

♦Archer confirmed Joe Biden was referred to as “my guy” by Hunter Biden.

♦In spring of 2014, then-Vice President Biden attended a business dinner with his son, Hunter, and his associates at Café Milano in Washington, D.C. Elena Baturina, a Russian oligarch who is the widow of the former mayor of Moscow, attended the dinner. Notably, the Biden Administration’s public sanctions list for Russian oligarchs does not contain Baturina. (read link)

As noted by Kaneoka:

November 2010: Joe Biden had a sit-down meeting with Eric Schwerin – the president of Hunter’s private equity firm – in the West Wing.

November 2011: Joe Biden met with Chris Heinz — a co-founder of Hunter’s private equity firm — in the West Wing.

March 2012: Joe Biden met with Andres Pastrana Arango — the former president of Colombia who Hunter was doing business with — at his personal residence.

December 2013: Hunter flew with Joe Biden aboard Air Force Two to China, where he introduced him to Jonathan Li, a Chinese businessman.

February 2014: Joe Biden had lunch with Hunter and two of Hunter’s Mexican business partners and was pictured giving them a tour of the White House.

April 2014: Joe Biden met with Devon Archer — another co-founder of Hunter’s private equity firm — in the White House a week before Archer joined the board of Burisma.

June 2014: Joe Biden met Manuel Estrella — Hunter’s Latin American business associate. After the meeting, Estrella emailed Hunter: “Hunter, I just met your father! So exciting!” Hunter replied: “I’m glad it all finally came together.”

August 2014: Pictures show Joe Biden golfing with his son, Hunter, and Devon Archer while they were both serving on the Burisma board.

April 2015: Joe Biden attended a dinner in Washington, D.C., with Hunter’s business partners from Russia, Ukraine, and Kazakhstan.

November 2015: Joe Biden hosted his son’s Mexican business partners — Carlos Slim, Miguel Aleman Velasco, and Miguel Aleman Magnani — at his personal residence.

February 2016: Biden flew Hunter and Jeff Cooper — a family business partner — to Mexico City for a business trip aboard Air Force Two.

May 2016: Joe Biden met with Eric Schwerin — the former head of Hunter’s private equity firm — for dinner in Washington, D.C.

September 2016: Joe Biden attended a fundraiser for Francis Person — a business associate of Hunter’s and a former advisor in Biden’s VP office.

May 2017: Joe Biden met with family business partner Tony Bobulinski TWICE.

June 2018: Joe Biden texted Hunter saying that he was with Jeff Cooper — a family business partner — and that Cooper wanted to “do some work” with him.

Photos, emails, text messages, and White House visitor logs CONFIRM these meetings took place. It’s not up for debate.

So why did Joe Biden lie?

Remember, always temper investigative optimism about foreign policy corruption with two big picture realities.

First, the entire business model of DC politics is designed around politicians selling U.S. government policy for personal financial gain. The Republicans and the Democrats both participate in this endeavor. This is why multi-millionaire candidates will spend $10+ million on a campaign to take a job as a senator earning $400k/yr.

Second, the House Oversight Committee is the Chaff and Countermeasures committee. The congressional committee without specific jurisdiction where all congressional investigations are sent to generate fundraising points, and then die a kick-the-can death.