REMINDER: Inflation was at 1.4% When Biden Took Office


Armstrong Economics Blog/Inflation Re-Posted Apr 27, 2023 by Martin Armstrong

Inflation was only 1.4% when Biden took office. He began implementing policies on his first day that directly created the energy crisis in the US. He refused to reopen the economy under the pretense of COVID for as long as possible, disrupting the supply chain and damaging small businesses. Biden has created multi-trillion dollar spending programs that saddled the nation with more debt and increased price volatility. His team has been working to divide the people and create civil unrest. I could go on about his failures, but his worst move was involving America in the Russia-Ukraine war. Inflation has steadily risen to unsustainable levels nearly every month since Biden took office.

Biden’s team toys with the numbers to tout that inflation has gone down, but they are comparing the high and low both created under Biden. Wages cannot support the increase in costs and absolutely no one is better off under Biden. Considering the dire situation, it is infuriating that the US had a 1.4% inflation rate not long ago.

Inflation has soared by over 15% since Biden’s inauguration in January 2021. The “Presidential Inflation Rate,” (PIR) developed by the Winston Group, measures a president’s progress in handling inflation over time, from their inauguration month to the month of the most recent CPI report. As of March, inflation under Biden is 15%, which makes him the most inflationary president since Carter. Biden’s 24% “Presidential Inflation Rate” for rising electricity costs is higher than any of the previous seven presidents as it is now up 37.2%. The cost of food rose 18.3% under Biden, and eggs alone have soared by nearly 80%. Shelter costs are now at a 42-year high, and Biden’s PIR for rent has surpassed 13.5%.

Joe Biden takes no responsibility for the inflation caused by his policies and failures as a president. Inflation will continue to increase under Biden. He has absolutely no plans to address the issue, and the legislation he creates to address the problem only exacerbates it. Biden is a corrupt politician who lines his pockets with money from Ukraine and China. The investigation into his crime family that the media is sweeping under the rug reveals the truth. This man needs to be removed from office immediately, but the people alone must decide when they’ve had enough.

Biden’s Let’s Finish the Job


Armstrong Economics Blog/Politics Re-Posted Apr 27, 2023 by Martin Armstrong

Biden’s announcement that he is running was crafted like a Twitter post – not live and posted at 6AM. His message is highly questionable for all he is saying is that the Republicans are radicals and therefore vote for him and he will maintain the status quo. There is a void of any new proposal and there is undoubtedly no message about the economy or inflation that is running away and reducing the livelihood of the average American. Quite frankly, this is the most controversial campaign that naturally the media will never even discuss. How do you “finish the job” without knowing what has been accomplished and what remains “finished” in a second term? The total absence of any claim that he accomplished anything from COVID to having 7 aids that are LGBTQ leaves a huge void.

The Republicans, on the other hand, are simply rolling out the same agenda of restraining the debt ceiling which will only work to undermine the entire socialist agenda and that is way too late. The warmongers in the Republican Party would rather spend money throwing it into the Ukrainian Black Hole where we are paying the entire salaries and pensions of Ukrainian government officials with no restraint on their salaries whatsoever. So we are to cut the benefits of Americans but keep funding Ukraine? Sorry, that is not an agenda I would be voting for.

Then there is the Abortion issue so they are fighting well-organized propaganda where even Supreme Court Justice Ruth Bader Ginsberg said when she got to the Supreme for Roe v Wade, that it was all about population control and eugenics – not women’s rights.

The defense of Roe v Wade is actually hypocritical for the Democrats. The main support comes from Gates and Rockefeller Foundations and it is covertly supported by the United Nations. This is all about the Planned Parenthood agenda to provide abortions to minorities to reduce their population. Now you may think I am being a conspiracy theorist. However, back in 2009, Justice Ruth Bader Ginsberg bluntly told the truth, when she was for equal rights for women.

The Democrats successfully won the abortion argument and the Republicans never understood the issue. It is like asking a witness when was the last time you beat your wife. He will then try to defend himself saying never, and even say ask his wife if he ever beat her. She will say no, and then you argue of course she will deny being beaten out of fear you will beat her again when you get home. You created a no-win argument and changed the entire agenda and nobody understands how you manipulated the entire argument.

Ginsberg made it clear: “Frankly, I had thought that at the time Roe was decided, there was concern about population growth and particularly growth in populations that we don’t want to have too many of.” She spoke bluntly in an interview published in the New York Times Magazine which was an article on women on the court. So it was not simply a woman’s rights agenda. That was the cover story to hide the real agenda which has always existed – eugenics and to reduce the population of minorities.

The Republicans have been diverted to argue over religion and never noticed that the Democrats flipped Eugenics into Women’s Rights. This claim it is my body so it is my choice, was entirely ignored by the Biden Administration when it came to COVID Vaccines. Suddenly nobody cared if it was your body, you were being told to take the vaccine or lose your job.

The Republicans are too caught up in their old rhetoric to notice that they have been played like a fiddle and they are the monkey dancing to the organ-grinder’s tune. I fail to see any Republican charging in on a white horse to save the day. They are too distracted to even understand what day it is.

So when Biden says let’s finish the job, he refuses to even say what the job is.

Thoughts on Tucker Carlson’s Firing


Posted originally on the CTH on April 24, 2023 | Sundance 

This is a context you won’t find elsewhere {smiles}. The phone has been blowing up….  Context and some details matter.

First, Carlson was being paid about $20 million a year by Murdoch.  He had about 3 years left on his contract and will be paid the full contract amount.  Carlson found out about 10 minutes before Fox Corp made the announcement.  They did not “part ways,” Tucker Carlson was fired.

(Via WSJ) – Mr. Carlson, whose contract was renewed in 2021, will be paid out for the rest of his contract, people familiar with the matter said. Mr. Carlson is paid about $20 million a year, one of the people said. Mr. Carlson found out he was being let go about 10 minutes before the network announced his departure, the people said. (link)

For financial context, remember Rupert Murdoch paid Megyn Kelly $15 million (Via Harper Collins) for the 2015/2016 operation against Donald Trump.  Paying $60 to $100 million to get rid of Carlson’s antagonistic voice is small money to Murdoch Inc. in the grand scheme of things. [Murdoch has also paid for Ron DeSantis to oppose Trump]

Carlson will not be asked to sign an NDA, is not bound by a “non-compete” clause following the contract nullification by Fox Corp, and will be free to do anything he wants in any venture.  Additionally, he will be free to say whatever he wants about the issues at Fox and speak freely, or not, without any legal or contractual constraints.  Keep all of that in mind.

Prior to 2021, Tucker Carlson was what you might call a Fox News loyalist.  He was very loyal to the organization.  During the COVID-19 era, Tucker Carlson moved his physical location away from Washington DC to his home in Maine.  Fox built him a studio, and Carlson manifest his own destiny free from most production constraints.

Over the past 18+/- months, viewers have watched Tucker Carlson essentially red pill himself each evening.  As he enjoyed the proximity freedom far away from the Eye of Sauron (DC’s control mechanism), Carlson’s eyes opened further to the reality of the situation that blankets our national consciousness.

Disconnected from the machine, free-range in his abilities, and with the intellectual curiosity of the average person, Tucker Carlson started to see the U.S. system as it is, not as media pretend it to be.  This is the increasing red pill absorption you have noted daily.  Along with that came a more pragmatic and brutally honest production quality to the content he shared.

Carlson’s influence grew as the audience grew; the more truth he spoke, the larger the audience.  That free-range influence became a liability to the system operators that hold power, including Rupert Murdoch who is a part of that control system.  In essence, and in the big picture, that’s what led to this event today.

Timing and Fox Digital.  Fox had just settled a lawsuit with Dominion Systems that has been widely reported.  The decision to fire Carlson had only one aspect connected to the Dominion settlement, financial timing.

Fox Corp is going to take a big hit in second quarter (Q2) earnings as part of the Dominion settlement.  If you are going to take a big financial hit, it’s better to go ahead and clear the decks of all financial hits at the same time.

Paying out Carlson simply gets all the big hits in the same quarter.

Digital is where the action is.  Digital subscriber services is where the future of all content is focused.   Understanding this reality gives you a scale of the darkness in the opposition elements facing our nation.  Fox News digital is Fox Nation.  Tucker Carlson and the show Tucker Carlson Today was the anchor of Fox Nation digital.

Fox Nation was struggling prior to Tucker Carlson’s long show broadcasts.  The entire Fox Corp digital streaming service, Fox Nation, was anchored around the Tucker Carlson Today digital streaming service.   Fox News has just torpedoed their anchor, shot their lead dog, destroyed the digital brand.  That gives you some scale and scope to how the elements viewed the threat of influence that Tucker Carlson had become.

Fox Corp, and Murdoch’s stenographers at the Wall Street Journal (SEE HERE), will try to frame the Carlson firing as something of a palate cleansing.  Claims of adversarial viewpoints, controversial views and conflicts with other Fox loyalists on the inside, will be used to frame the narrative.   However, all of those false frameworks are just that, false.  The source of the issue that led to the firing was 100% ideological.

During Tucker’s red pill absorption phase, he changed views on a variety of subjects from the FBI to the Fourth Branch of Government, to vaccination and COVID-19, to his views on Donald Trump as a disruption to an increasingly admitted corrupt political machine.

Context in the Tucker worldview expanded and he began to frame the conflict in a big picture of Good -vs- Evil.  Unfortunately for Carlson, this view was from inside a multinational corporate system spreading the darkness.   He had to be removed.

This is the reality of the situation as it unfolded.   Accept it or not, it matters not.  This is the Carlson reality.

Carlson was connecting the dots of manipulation beyond media, beyond social battles and constructs, and into the realm of finance, economics and ultimately behind the Potemkin Village of UniParty politics.  Blackrock has an increased stake in Fox Corp.

Talking about what happens behind the false front of the DC village is always a threat.   It is in the research and acceptance of the darkest pretending constructs that you realize how the illusions of choice are presented.

Tucker Carlson was no longer selling the illusions.

There are trillions at stake.

He was removed.

Tucker is free.

Welcome to the rebellion my friend!

The Peoples President – Following GOP Speech, President Trump Stops for Pizza in Downtown Fort Myers Florida – Full Videos


Posted originally on the CTH on April 22, 2023 | Sundance 

President Trump was in Lee County Florida Friday night, speaking at the GOP dinner in downtown Fort Myers {RSBN Direct Rumble Link}.

After the speech, President Trump stopped into a local pizza shop, and the place erupted in fun and joy.  Yes, in Southwest Florida, this is deep red MAGA country!

Nobody, I mean no republican politician in our lifetime, has ever been this good at retail politics.  Pure authenticity, pure fun, pure joy.  The crowd loves President Trump and President Trump loves the people.  Good stuff.  WATCH:

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The full video of the GOP speech is below:

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Representatives Steube, Mills and Donalds Leave Fox News Hosts Crying on Air for Their Beloved DeSantis – Video


Posted originally on the CTH on April 21, 2023 | Sundance 

Oh, this is funny.  Rupert Murdoch’s little foot soldiers, Bill Hemmer and Dana Perino, hosted three Florida Republicans on their broadcast to explain why they support Donald Trump and not Ron DeSantis.  Fox News has big sad.

Congressional Republicans Greg Steube, Cory Mills and Byron Donalds all explain why President Donald Trump is the better choice in 2024.  Bill Hemmer pleads with them to evaluate how brilliant Ron DeSantis is, but Donalds, Mills and Steube brought the MAGA hammer.   Epic Video. WATCH:

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New York Judge Tells Manhattan DA Alvin Bragg His Office Must Testify to Congress


Posted originally on the CTH on April 20, 2023 | Sundance

Political DA Alvin Bragg was smacked down pretty hard by a New York judge Wednesday, telling his office there is no legal mechanism to avoid accountability and testimony before congress.

The DA office took federal funds to prosecute Donald Trump, the DA office is interfering in a federal election, the DA office has openly stated their intentions are politically motivated, and therefore the DA office has no standing to try and avoid federal legislative scrutiny.

As Judge Mary Kay Vyskocil clarified to Bragg’s team, she has no standing to block a legislatively authorized congressional subpoena.

New York – […] “The sole question before the Court at this time is whether Bragg has a legal basis to quash a congressional subpoena that was issued with a valid legislative purpose.  He does not,” Vyskocil wrote in her decision Wednesday.

Bragg, a Democrat, has accused Jordan of pursuing the subpoena to score political points while supporting Trump, a Republican. Vyskocil said the dispute appeared political, but said that did not impact her decision.

“In our federalist system, elected state and federal actors sometimes engage in political dogfights,” Vyskocil wrote in her order, noting that Bragg is an elected official. “Bragg complains of political interference in the local DANY case, but Bragg does not operate outside of the political arena.”

“Jordan, in turn, has initiated a political response to what he and some of his constituents view as a manifest abuse of power and nakedly political prosecution, funded (in part) with federal money, that has the potential to interfere with the exercise of presidential duties and with an upcoming federal election,” Vyskocil wrote.  “The Court does not endorse either side’s agenda.”

The subpoena to Pomerantz demands his appearance before the Judiciary Committee on Thursday. It is unclear if he will appear. A spokesperson for Bragg said Wednesday, “We respectfully disagree with the District Court’s decision and are seeking a stay pending appeal.”

Vyskocil denied Bragg’s request for a stay Wednesday night. (read more)

The Bloom Is Off The Ruse – President Trump Gains Ten More Florida Republican Congressional Endorsements, DeSantis Has One – Rep Greg Steube Explains Why


Posted originally on the CTH on April 19, 2023 | Sundance 

Another three endorsements for President Trump today from the Florida congressional delegation, bringing the total so far to ten with more anticipated.  Meanwhile, Florida Governor Ron DeSantis is in Washington DC seeking support.  DeSantis is warmly greeted, but President Trump gets the endorsements.  What’s going on?

Republican Congressman Greg Steube gives an explanation below about the Ron DeSantis Floridians know, but nationally most do not.

DeSantis is an out-of-touch aloof persona, who generally projects himself as better than others.  In person he projects an arrogance and condescending personality trait also carried by his insta-selfie supporters and ‘influencers.’ It comes through the camera lens.  Everything constructed around DeSantis is fake, even the fake blue-collar handshakes that have to be photo-shopped to give a common man impression.

The donors are pouring in hundreds of millions to pay for the fake DeSantis constructs, Top Gov brand imaging and Madison Avenue illusions, but you cannot purchase authenticity, and you cannot rewrite the history of who DeSantis is.  Greg Steube explains:

[I]n a brief interview last night [Steube noted] that DeSantis has never once reached out to him during his five years in Congress nor replied to his multiple attempts to connect. He recalled a recent news conference dealing with damage from Hurricane Ian where the governor’s aides initially invited him to stand alongside DeSantis, only to tell him that he wouldn’t be part of the event when he showed up.

Trump, on the other hand, was the first person Steube remembers calling him in the ICU to wish him well after he was injured in a January tree-trimming accident. “To this day I have not heard from Gov. DeSantis,” he said.

Things suddenly changed last week, Steube said, as Trump started rolling out his Florida congressional backers. ”For the first time ever, I hear from DeSantis’s political person,” he said, referring to aide RYAN TYSON, who reportedly contacted other Florida Republicans about their endorsements.

For Steube, the outreach was too little, too late. And he continues to have sharp words for DeSantis, criticizing him for his robust political travel schedule amid a busy legislative session and just months after winning a new four-year term.  “Floridians want him focused on Florida,” he said, “which is the job they elected him to do.” (read the entire article)

Like I said last year, once people get to see Ron DeSantis up close, his disdain for people just jumps out at you.  He loves standing at the podium telling you what’s wrong with you, and what is brilliant about himself; however, he just doesn’t like people in an authentic or natural way you would expect from executive leadership.

The same disconnected snobbery applies to everyone his team has recruited.

Ken Cuccinelli and Jeff Roe are two of the biggest self-important jackasses in national politics. They don’t carry an ounce of humility or introspection.  They are always right, and the problem is it just takes too long for everyone to come around to admitting how great they are.  This is the character of DeSantis that flows through everyone he associates with.  Here’s an example from one of the ‘influencers” a few days ago.

This Twitter account is connected to both Representative Thomas Massie and DeSantis campaign official Christina Pushaw:

That tweet encapsulates the worldview of the average Ron DeSantis supporter in Florida.

This is why the overwhelming majority of the Florida Republican delegation, will not endorse him.  These outlooks are toxic and elitist.  Florida First Lady Casey DeSantis did not wear elbow length silk gloves at the noon-time inauguration day event accidentally.  Casey already went shopping with Cindy McCain and has her 2024 tiara picked out.

As I keep saying, there are not enough people who take Instagram pictures of their lunches to make Ron DeSantis a viable candidate. The polo club, cocktail party circuit of people who eat crustless triangle cucumber sandwiches and look down their noses at everyone else, is just not a large enough coalition to win DeSantis the nomination.  It means he will have more money; however, factually, the professional donor class is annoying with the level of self-righteousness and condescension they promote.

WASHINGTON DC – […] In yet another blow to Florida Gov. Ron DeSantis’s not-yet-official presidential bid, two more Republican members of Congress from his own state are gearing to endorse Donald Trump for another term. Reps. Gus Bilirakis and Carlos Gimenez are each planning to announce their support for the former president this week, multiple sources familiar with the matter tell TIME.

Their pledges continue something of a downward spiral for DeSantis, who has been steadily losing ground in the endorsement battle for legislators from his own backyard. The development is even more noteworthy after his political team recently tried to stop the bleeding by asking Florida Republicans to refrain from endorsing Trump.

Bilirakis and Gimenez have also committed to be at Trump’s Mar-a-Lago Club in Palm Beach on Thursday night, as the former President hosts members of the Florida delegation who have already endorsed him, including Reps. Matt Gaetz, Anna Paulina Luna, Cory Mills, and Greg Steube. It’s not clear yet whether Reps. Byron Donalds and John Rutherford, who have also endorsed Trump, will be at the gathering.

Neither Bilirakis nor Gimenez responded to requests for comment. Rep. Brian Mast, another Florida Republican, has also told associates he plans to formally back Trump in the coming days. And on Wednesday, Rep. Vern Buchanan officially thew his weight behind Trump. TIME reported last week that Buchanan was planning to endorse Trump in the coming days.

All of their endorsements will bring Trump’s tally of members of Congress from Florida to ten, whereas DeSantis has just one, Rep. Laurel Lee, who announced her support for the governor on Tuesday. Before winning her House seat last year, Lee served as DeSantis’s first Secretary of State. (read more)

Lance Gooden (R-TX) – “Today, after careful consideration and a positive meeting with Governor DeSantis, I have decided to endorse President @realDonaldTrump for 2024.”

Rolling Stone – […] “Over the past few years, the Florida governor has risen to Trump’s top internal rival without even declaring his candidacy. And part of that rise has been fueled by his pull with the GOP’s megadonor class, who prefer him to Trump because, while he brings a similar set of MAGAfied policies, he has not, to date, attempted a coup. That wellspring of financial support has been instrumental in fueling his rise, but the investments are predicated in large part on a belief that he can take down Donald.

That belief seems to be wavering, as the donor revolt has been brewing since at least last month. And it’s not just skittish donors like Richard Uihlein or Thomas Peterffy, who went public with his complaints last week. Several other top donors to DeSantis were livid about the governor referring to the brutal Russian invasion of Ukraine as a “territorial dispute,” with at least one major donor calling DeSantis to urge a walk-back, a source with knowledge of the outreach and another person briefed on it say. “My understanding is that the message was: ‘If we wanted a fucking MAGA candidate, we would donate to Donald Trump,’” the second source says.

[…] Those polling troubles may be giving some megadonors second thoughts. Sources familiar with Schlitz Brewing heir and shipping titan Richard Uihlein’s thinking told NBC News that the “brakes are pumped” with the megadonor’s DeSantis giving after the governor’s lackluster polling has given some “pause” about his viability.

Other conservatives have taken to predicting that DeSantis is potentially the second coming of Scott Walker, another Republican governor and conservative-media darling who many thought would be the favored candidate in a presidential primary — only to flame out before any ballots were cast. (read more)

The Legislative Branch’s Biggest Leaker of Classified Intelligence, Rails Against Small Fry Ability to Leak Classified Pentagon Intelligence


Posted originally on the CTH on April 19, 2023 | Sundance 

Some insider threats are more equal than others; so goes the position of the nation’s biggest leaker of classified documents in modern history, and it’s not Jack Teixeira.

This story shows the importance of what was hidden by the combined efforts of the national security apparatus in 2018.

Readers here are familiar, but most Americans are not, with how Senate Intelligence Committee Chairman Mark Warner leaked a top-secret classified Title-1 FISA application in March of 2017.

Then the Vice-Chair of the SSCI, Senator Warner instructed Senate Security Director James Wolfe to leak the 82-page FISA application assembled against Carter Page.  On the afternoon of March 17, 2017, Wolfe took 82 pictures of the “Read and Return” document that was delivered to the SSCI basement SCIF by FBI Supervisory Special Agent Brian Dugan from the Washington Field Office.

Later that evening, Wolfe sent the images to journalist Ali Watkins using an encrypted messaging app.  Ms. Watkins then shared the FISA content with her peers and used the information to leverage a top-tier job at the New York Times.  The media were off to the races talking about FBI surveillance of the Trump campaign and using the leaked FISA as evidence of the ongoing investigation, later known as Crossfire Hurricane.   Three days later, March 20, 2017, after coordinating the intent of the narrative creation with Mark Warner, FBI Director James Comey publicly admitted the Trump-Russia investigation for the first time.

After James Wolfe was arrested for the FISA application leak, his defense lawyers threatened to expose the role of the Senate Intelligence Committee in the leak and subpoena the members as witnesses.  The Mueller/Weissmann team, then in charge of all DOJ operations that touched on Trump-Russia, took apart the evidence of Wolfe’s conduct, and DC Attorney Jessie Liu dropped most of the charges against Wolfe.  Mueller then ran cover for Mark Warner, and eventually – out of an abundance of caution to maintain the need for the coverup operation – the Mueller/Weissmann team then made the FISA application public. The rest is history.

Keep in mind, I could be civilly sued if anything written above as an asserted truth was false.  I’m not, because the truth is the defense.  All of this happened.

At the time of the Mark Warner TSCI leak, no one outside the DOJ-FBI and Foreign Intelligence Surveillance Court (FISC) had ever seen a FISA application.  Heck, in 2017 through early 2018, it was considered a classified intelligence breech to even discuss the FISA process, the procedures or the court itself.  People forget that.

The 2017 leaking of the FISA application was the biggest national security breach in years, perhaps seconded only to the 2017 leaking of the TSCI transcript from National Security Advisor Michael Flynn’s call with Russian ambassador Sergey Kislyak, given to the Washington Post by the FBI a month earlier.

So, it’s somewhat hypocritical and ironic to see SSCI Chairman Mark Warner now railing against the Pentagon and Director of National Intelligence over not being provided the details of documents leaked by a low-level military servicemember in the Massachusetts Air National Guard.

WASHINGTON DC – The Senate Intelligence Committee is demanding the Pentagon hand over copies of all the classified documents leaked by Massachusetts Air National Guardsman Jack Teixeira.

The 21-year-old serviceman was accused by the Department of Defense of leaking “sensitive and highly-classified material” into a chat on the encrypted communications platform Discord. It then made its way onto other social media platforms. He was charged on Friday.

In a letter addressed to Defense Secretary Lloyd Austin and Director of National Intelligence Avril Haines, Senate Intelligence Committee Chairman Mark Warner, D-Va., and ranking member Sen. Marco Rubio, R-Fla., said the leak prompted concerns about “serious deficiencies” in the government’s security protocols.

“According to public reporting, A1C Teixeira began sharing classified information and classified documents within a social media platform as early as December 2022—nearly four months before the government’s discovery,” the letter, obtained by Fox News Digital, read. “These disclosures indicate serious deficiencies in the government’s insider threat and security vetting protocols.”  (read more)

US Troops on the Ground in Ukraine


Armstrong Economics Blog/War Re-Posted Apr 18, 2023 by Martin Armstrong

It’s official – the US is at war with Russia. This is no longer a proxy war regardless of whether an official declaration has been made. Washington confirmed that there is “a small U.S. military presence,” but only made the admission after the Pentagon data leak. National Security Council spokesperson John Kirby insists American soldiers are not fighting on the battlefield.

“I won’t talk to the specifics of numbers and that kind of thing. But to get to your exact question, there is a small U.S. military presence at the embassy in conjunction with the Defense Attachés office to help us work on accountability of the material that is going in and out of Ukraine,” Kirby said, claiming the troops are connecting to a specific embassy. The initial data leak showed that there are also at least 50 troops from the UK on the ground in Ukraine, along with military personnel from 33 NATO nations.

The New York Times reported on Monday morning that NATO members are amassing their troops along the border. “NATO is rapidly moving from what the military calls deterrence by retaliation to deterrence by denial. In the past, the theory was that if the Russians invaded, member states would try to hold on until allied forces, mainly American and based at home, could come to their aid and retaliate against the Russians to try to push them back,” Steven Erlanger wrote. But NATO is going on the offensive rather than the defensive this time around. “To prevent that, to deter by denial, means a revolution in practical terms: more troops based permanently along the Russian border, more integration of American and allied war plans, more military spending and more detailed requirements for allies to have specific kinds of forces and equipment to fight, if necessary, in pre-assigned places,” the journalist wrote.

The war in Ukraine has already cost more than any war since World War II. Ukraine is not a NATO member, and there has never been a situation where NATO prepared its troops to battle a country unaffiliated with its alliance. Russia is completely backed into a corner now and the war must escalate. Putin will not retreat or surrender. Russia does not have the option to surrender as the world powers would swoop in and take over the nation, including its very valuable resources, which they’ve wanted all along. Zelensky is no longer running the show, and the global elites will decide how quickly to escalate this battle. Countless men, women, and children will die, all for the pride of a few who want to destroy the world to Build Back Better.

Cathay Bank Reveals Biden Crime Family’s Activities


Armstrong Economics Blog/Corruption Re-Posted Apr 17, 2023 by Martin Armstrong

The Biden crime family’s activities are coming to light after a bank with ties to China handed over records to Republican lawmakers. Senator Ron Johnson of Wisconsin and Senator Charles Grassley of Iowa reached out to numerous banks for information without luck. “We are investigating the domestic and international business dealings of President Biden’s son, Hunter Biden, and other Biden associates and family members to determine whether these activities compromise U.S. national security and President Biden’s ability to lead with impartiality,” they stated in a joint letter. Cathay Bank was the only bank that was willing to aid in the investigation.

Cathay Bank revealed that Rob Walker, a Biden family associated, received a $3 million payment from a Chinese firm. Walker distributed these funds to the Bidens the following day. The alleged payments were made to Hunter Biden for $610,692; the president’s brother James Biden for $360,000; Hunter’s mistress and wife of deceased son Beau, Hallie Biden, for $25,000; last of all, $70,000 was paid to an unknown Biden. Twelve additional transactions are currently under investigation.

The corruption began while Biden was Obama’s vice president. As indicated in the joint letter:

“The convergence of the Biden family’s political and business lives began during the Obama-Biden Administration. Obama Administration White House visitor logs show Hunter Biden’s business partner visited the White House at least 27 times during President Biden’s vice presidency. Hunter Biden’s business partner—Eric Schwerin—was later nominated for a position in the Obama-Biden Administration and handled then-Vice President Biden’s tax returns while he was in office and Schwerin was president of Rosemont Seneca Partners— another Hunter Biden-affiliated company. Republicans must track the dollars to uncover whether the current President himself benefitted from these transactions and whether the payments were from nations opposed to U.S. interests.”

Now-defunct CEFC China Energy, with direct ties to the Chinese Communist Party (CCP), wired $1 million to one of Hunter’s business ventures called Hudson West III. Northern International Capital Holdings, a CEFC associate, sent $5 million to Hudson West III. Hudson West III used the money to send $4.8 million to Owasco P.C. and Owasco LLC, and Lion Hall Group, owned by the president’s brother James Biden. Owasco P.C. sent over 20 wire transfer to Lion Hall Group. Hunter received a $500,000 a month retainer from Hunter West III on top of a $100,000 per month fee. I am assuming that is a lot of crack. James Biden received $65,000 per month.

Senator Johnson believes the CCP may have more dirt on the Biden’s and called this release a warning shot. “They willingly gave us the documents that backed up the Treasury records. Is that a Communist Party’s shot across President Biden’s bow? Listen, this is some of the information we have. If you don’t toe the line and do things that please us, we will release even more information,” stated Johnson. The House Oversight Committee needs to take this matter seriously. America’s national security is at risk if the sitting president is compromised.