Category Biden wants to destroy Russia

Oct 2 2023

While Demanding Ukraine Funding, Joe’s Last Marble Falls Out of the Bag


Posted originally on the CTH on October 1, 2023 | Sundance

I’m not saying he has entirely lost all his marbles, but there’s certainly a giant hole in the bag.

Toward the end of his remarks demanding more money for Ukraine, Joe Biden was questioned by the DC stenographers.  In one segment he was questioned about Kevin McCarthy keeping his word to provide unlimited billions for the Ukraine laundry operation.  As Biden started to talk about McCarthy… something went wrong and he had a Mitch McConnell moment.  WATCH (prompted):

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Biden will not be the DNC nominee.

Sep 11 2023

One Dictator meets Another Where Elections Are Cancelled for the Duration of the War


Armstrong Economics Blog/Politics Re-Posted Sep 10, 2023 by Martin Armstrong

Fighting for Democracy when the People are Not Allowed to Vote, with approaching 10 million having Fled Ukraine and would Eagerly Mail-in Ballots to Overthrow Zelensky, who promised peace, and then waged all-out war and totally destroyed Ukraine to occupy the Donbas, which Kiyv waged civil war on the direction of American Neocons since 2014. Suspending election = dictatorship.

Sep 11 2023

Biden Struggles During Post G20 Summit Press Conference


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

At this point we all know the international community is laughing at us.  WATCH:

Oh, but it gets worse….

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Sep 1 2023

Biden Spent 40% of Presidency on Vacation


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

Karine Jean-Pierre must take a deep breath when Peter Doocy enters the room, hence why she rarely calls on him for a question. Doocy has become emboldened with his inquiries and is one of the only journalists willing to ask the tough questions. Doocy’s latest doozy: “It seems like the hurricane response so far is robust. Did you guys realize that the initial Hawaiian wildfire was not that good or is it just easier for people to get help from the White House when [Biden] is not on vacation?”

Biden’s propaganda specialist replied by saying the current administration replied in record time. “So, the premise of your question & the way you posed [it], I disagree…If you talk to…the governor…the folks on the ground, they would say…[he] reacted in record time,” KJP stated. Biden’s first response to the Maui fires was, “No comment.” The island was burning down and Biden sat idly on a beach Delaware for ten days without a care in the world. He offered the people of Maui $700, a mere fraction of what he gave to the people of Ukraine that same week, and did not rush to visit the island. The people did not want him to visit anyway.

The people of Maui booed Biden when he arrived and set up signs after he left to show how displeased they were. Biden made jokes about the ground being hot and then said he could empathize with the people who lost everything, as he once almost lost his corvette in a fire.

Joe Biden has spent 40% of his time in office on vacation. He has taken 360 vacation days since taking over the White House amid one of the worst multitudes of crises in US history. This proves that someone else is in control. No one in any occupation could take off 40% of the time and do their job effectively.

Aug 30 2023

Confidence Declining


Armstrong Economics Blog/Gov’t Incompetence Re-Posted Aug 30, 2023 by Martin Armstrong

COMMENT: Marty, I just wanted to thank you for opening my eyes. The logic that the market commentators make no sense. Bloomberg wrote, “Bets on a rate hike in 2023 fell after worse-than-expected economic numbers bolstered hopes the Fed can pause in September.” So you are right. They are cheering worse economic numbers because interest rates will decline. You are correct. Rising interest rates show demand for money and an expanding economy. But rates decline with economic declines, and stocks typically drop. I feel stupid that I never saw that for myself. It seems people are losing confidence in the government with this persecution of Trump and hiding the corruption of the Bidens. Everyone you talk to is just fed up with politicians.

No wonder the mainstream press will never quote you because you make sense.

Cheers

HL

PS Stay safe with this storm. We do need you.

REPLY: I understand what you are saying. I realized that the analysis changed after 1929 because we became socialists when I wrote The Great Bull Market in History in 1986. What did the Fed want us to do? How high should we jump? The economy is preparing to turn down with the ECM by May 2024. Consumer Confidence among Americans dropped the most in two years. Many of my clients overseas now see the fate of America much more clearly than domestic Americans. They view that once the Democrats have used the law to persecute Trump legally while the evidence about corruption with the Bidens goes unanswered, the confidence in government is collapsing.

I fear they will rush this whole CBDC agenda and move toward a much more Totalitarian State because they can feel their power slipping through their fingers. This abuse of the law is one of the critical issues that precede the decline and fall of a nation.

There is clear evidence that supports an impeachment trial is not a criminal prosecution of Biden and his son. Documents have surfaced that show that Joe Biden was NOT acting in line with U.S. policy as VP when he threatened to withhold aid to Ukraine until Prosecutor General Viktor Shokin was fired! That was personal and not the policy of the US government. The prosecutor Shokin was investigating the precise corruption at Burisma Holdings, which paid Hunter Biden over $1,000,000. Shokin says that the Biden’s were bribed to terminate his investigation. While the Democrats want to imprison Trump, they refuse to discuss any of these documents because they knowingly used these exact lies as the pretense of impeaching President Trump.

There is now an October 2015 memo that summarizes the recommendation of the Interagency Policy Committee. That task force was created to advise the Obama White House on the notorious corruption in Ukraine and whether they were trying to clean it up. That was necessary for more aid. These documents show that U.S. policy did not call for a threat to withhold funding unless this prosecutor investigating corruption was fired.

Biden made the threat in December 2015, two months after the memo was published, and no other documents show the U.S. policy called for Shokin to be fired. On top of that, even the IMF in FEBRUARY 2016 threatened to cut off funding for Ukraine unless they showed progress in reforming corruption.

By November 2016, Biden is telling Poroshenko not to ask for any more money for Trump may start to investigate. I know Ukraine. I was asked to take them on as a client, and the first words were we can pay you offshore so you do not have to pay taxes. I said thank you very much, but I declined. You cannot imagine the level of corruption in Ukraine. It is the MOST corrupt government perhaps ever to have existed anywhere in the world, no matter what decade or century.

Prosecuting Trump and all of these prosecutors coordinating these attacks while the Justice Department does NOTHING with the Bidens is indeed collapsing the confidence in government. This is all part of the decline and fall of Republics, which is what 2032 is all about. I have a lot on my table right now. Another book I am working on is a review of the various forms of government and what worked and what failed – the good – the bad – the ugly. This will probably be read in January.

The last book is now out at Barnes & Noble on the truth behind Cleopatra – the real version, not the WOKE nonsense that she was black. I used the coinage to show the real story, where there was no steamy love affair; she was a brilliant woman who used Mark Antony to create a civil war in hopes that the once great empire of Alexander the Great would defeat Rome and her son by Julius Caesar would restore the throne of the Ptolemies. The Legionary Denarii of Mark Antony was funded by Cleopatra, and up to 100 years later, the amount of money was so great that these coins accounted for 20% of the money supply a century later. Sorry, whatever movie you watched or were taught in school was fake news.

Aug 10 2023

House Oversight Committee Releases Bank Records Showing Foreign Payments to Biden Family From Russia, Ukraine and Kazakhstan


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

House Oversight Committee Chairman James Comer has released details of the banking transfers from foreign businesses into the Biden family while Joe Biden was in office.  [House Oversight Link] – Bank Detail Link HERE.

The payments flowed into companies set up by Hunter Biden and Devon Archer, the witness who testified to congress.  Those companies then distributed the money (laundered) into subsidiary companies of Rosemont Seneca, and then the money was distributed to the Biden group.  One of the transactions, traced through bank records by the House investigators, was the payment of $3.5 million from Yelena Baturina, wife of the Mayor of Moscow.

[Source Link]

WASHINGTON—House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) today released a third bank records memorandum detailing new information obtained in the Committee’s investigation into the Biden family’s influence peddling schemes. The memorandum outlines how the Bidens and their business associates received millions from oligarchs in Russia, Kazakhstan, and Ukraine during Joe Biden’s vice presidency.

After Hunter Biden received millions of dollars in payments, then-Vice President Joe Biden dined with his son’s foreign associates in Washington, D.C. Devon Archer, Hunter Biden’s former business partner, recently testified that then-Vice President Joe Biden was “the brand” sold to enrich the Biden family and was used to send “signals” of access, power, and influence.

“During Joe Biden’s vice presidency, Hunter Biden sold him as ‘the brand’ to reap millions from oligarchs in Kazakhstan, Russia, and Ukraine. It appears no real services were provided other than access to the Biden network, including Joe Biden himself. And Hunter Biden seems to have delivered. This is made clear by meals at Café Milano where then-Vice President Joe Biden dined with oligarchs from around the world who had sent money to his son,” said Chairman Comer.

“It’s clear Joe Biden knew about his son’s business dealings and allowed himself to be ‘the brand’ sold to enrich the Biden family while he was Vice President of the United States. The House Oversight Committee will continue to follow the money trail and obtain witness testimony to determine whether foreign actors targeted the Bidens, President Biden is compromised or corrupt, and our national security is threatened.”

Below is a summary of the third bank records memorandum. The full memorandum can be found here.

Committee Staff is Releasing Payments from Russia, Kazakhstan, and Ukraine that Occurred During Joe Biden’s Vice Presidency: The Committee has now identified over $20 million in payments from foreign sources to the Biden family and their business associates.

♦ Hunter Biden and Devon Archer Used Rosemont Seneca Entities to Bring in Millions from Oligarchs in Europe and Asia: Using accounts nominally tied to Devon Archer (but using the familiar “Rosemont Seneca” branding), Hunter Biden received incremental payments originating from foreign sources, attempting to hide the source and size of the payments.

♦ In February 2014, a Russian Oligarch Sent $3.5 Million to a Shell Company Associated with Hunter Biden and Devon Archer: Russian billionaire Yelena Baturina transferred $3.5 million to Rosemont Seneca Thornton, a shell company. Approximately $1 million was transferred to Devon Archer, and the remainder was used to initially fund a new company account, Rosemont Seneca Bohai, which Devon Archer and Hunter Biden used to receive other foreign wires.

♦ In Spring 2014, a Ukrainian Oligarch Placed Archer and Biden on the Burisma Board of Directors and Agreed to Pay them $1 Million Each per Year: Burisma Holdings’ (Burisma) corporate secretary, Vadym Pozharsky, worked on behalf of the Ukrainian oligarch and owner of Burisma, Mykola Zlochevsky. Hunter Biden was initially hired by Burisma to work as counsel for the company, and Pozharsky and Zlochevsky met with Hunter Biden at a conference in Lake Como in Italy where they decided Hunter Biden would work on the board of directors with Devon Archer. Then-Vice President Joe Biden visited Ukraine soon after their first payments. Payments from Burisma for both Devon Archer and Hunter Biden were wired to Rosemont Seneca Bohai. Payments were transmitted in incremental amounts to Hunter Biden’s different bank accounts.

♦ In April 2014, a Kazakhstani Oligarch Wired the Exact Price of Biden’s Sportscar to a Bank Account Used by Archer and Biden: In February 2014, Hunter Biden met with Kenes Rakishev at a Washington, D.C. hotel. Rakishev worked closely with the prime minister of Kazakhstan, Karim Massimov. In April, Rakishev, a Kazakhstani oligarch, wired $142,300 to Rosemont Seneca Bohai. The next day, a payment was made from Rosemont Seneca Bohai for a sportscar for Hunter Biden in the amount of $142,300. Archer and Biden then arranged for Burisma executives to visit Kazakhstan in June 2014 to evaluate a three-way deal among Burisma, a Chinese state-owned company, and the government of Kazakhstan.

♦ Hunter Biden received millions of dollars in payments from Yelena Baturina, Burisma, and Kenes Rakishev. Vice President Biden had dinner with them in the spring of 2014 and 2015 in Washington, D.C.  (source)

Aug 3 2023

They See It Coming – Fitch Joins S&P to Downgrade USA Credit Rating


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

Collapse is never a sudden occurrence; it is an outcome of gradual erosion over time. A weakening that takes place almost invisible to those who pass through the construct, until eventually, at an uneventful time in the mechanics of history, the process gives way.

Fitch has joined with the prior position of Standard & Poors to downgrade the USA credit rating. The weight of debt, in combination with reverberations from the continued hammering deep inside the political fundamental change operation, has triggered another flare.

In the bigger picture, this is a self-fulfilling prophecy driven by the latest focus on unsustainable economic policy, aka The Green New Deal. The efforts of the fiscal, monetary and economic policy are all aligned to shrink the U.S. economy, thereby creating the era of “sustainable energy” a possibility. Unfortunately, this is akin to a household intentionally shrinking their income while at the same time taking on credit card debt. The process itself is not sustainable.

(Reuters) – Rating agency Fitch on Tuesday downgraded the U.S. government’s top credit rating, a move that drew an angry response from the White House and surprised investors, coming despite the resolution of the debt ceiling crisis two months ago.

Traders’ immediate response was to embark on a safe-haven push out of stocks and into government bonds and the dollar.

Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years and repeated down-the-wire debt ceiling negotiations that threaten the government’s ability to pay its bills.

[…] “In Fitch’s view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025,” the rating agency said in a statement.

U.S. Treasury Secretary Janet Yellen disagreed with Fitch’s downgrade, in a statement that called it “arbitrary and based on outdated data.”

[…] In a previous debt ceiling crisis in 2011, Standard & Poor’s cut the top “AAA” rating by one notch a few days after a debt ceiling deal, citing political polarization and insufficient steps to right the nation’s fiscal outlook. Its rating is still “AA-plus” – its second highest.

After that downgrade, U.S. stocks tumbled and the impact of the rating cut was felt across global stock markets, which were in the throes of the euro zone financial meltdown.

In May, Fitch had placed its “AAA” rating of U.S. sovereign debt on watch for a possible downgrade, citing downside risks, including political brinkmanship and a growing debt burden. (read More)

What do Barack Obama and Joe Biden have in common?  They were both in office, executing an identical economic, fiscal and monetary policy, when the USA credit was downgraded.

Aug 1 2023

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.

Jul 29 2023

CBDC & the Fall of Western Society


Armstrong Economics Blog/Cryptocurrency Re-Posted Jul 28, 2023 by Martin Armstrong

QUESTION: You said that when Rome fell it took 700 years before gold coins reappeared. Are we facing something like that again?

PO

ANSWER: Yes, when Rome fell, gold continued in the East under the Byzantine and Islamic Empires. However, in Europe, the last Western emperor was Romulus Augustus (475-476AD) who was a puppet anyhow. He was a young son, whereas today, we have senile leaders who are puppets and incapable of independent rational thought. The first gold coin to reappear in Western Europe was that of Frederick II of Sicily (1231-1250AD). The Augustale was a gold denomination of about 5 and a half grams which Frederick II introduced to Sicily in 1231AD, and it was primarily issued for international trade.

Fibonacci-1

Actually, Fibonacci (1170-1240 AD) published in 1202 his “Liber Abaci” (Book of Abacus). He introduced Hindu-Arabic numerals into Western culture. Suddenly, this allowed the calculation of numbers that were not taught in schools and was unknown in Christian circles. Only a very small group of intellectuals had access to translations of the Arab mathematician al-Khwarizmi (780-850 AD). The techniques that Fibonacci introduced were groundbreaking to re-establish a culture that lost its identity with the fall of Rome. Fibonacci illustrated practical problems on how to calculate profit margin, money changing, barter, conversion of weights and measures, partnerships, and, last but not least, interest. He also introduced some geometry and algebra.

However, Fibonacci’s work was so earth-shattering it became the topic of discussion and caught the attention of King Frederick II of Sicily. I believe it was Fibonacci’s introduction to mathematics that also inspired Frederick II to even reintroduce gold coinage in order to trade with the outside world. At the time, that included the Arabs as well as the Byzantines. The gold dinar was the Islamic medieval gold coin first issued in 696–697AD by Caliph Abd al-Malik ibn Marwan with a weight of 4.25 grams. Frederick II made his coin about 1 gram heavier in order to project economic power.

The introduction of CBDC is highly dangerous in war; even a nuclear blast also sends out an EM pulse that will destroy electronics. If I were Russia or China, I would NOT move to any sort of digital currency and then use an EMP against the United States. The entire economy would collapse. People would not even be able to buy anything. We have idiots in power who are so greedy, looking at the power this will place in their hands, they are ignoring the risks. This could mark the collapse of Western society, sending us back to the days of Barter.

The Post-2032 era would most likely be fragmented rather than national states as we know them today. There will most likely emerge regional currencies, as we have witnessed throughout history many times. Even during the Great Depression, over 200 US cities resorted to issuing their own money.

Jul 28 2023

Illogical Ship of Fools


Armstrong Economics Blog/Gov’t Incompetence Re-Posted Jul 27, 2023 by Martin Armstrong

COMMENT: Thank you for your private blog on interest rates. We seem to have the dumbest people in government possible. How could they sell debt when China was the largest holder and then threaten them with war over Taiwan? A third-grader would see the illogical assumption in this position. If they cannot sell the debt, then interest rates must rise. Only a fool would disagree with that. We are obviously on a ship of fools.

HK

ANSWER: You do not buy the bonds of your enemy so they can buy weapons to wage war against you. It just does not make any sense.