Category Big Tech -Vs- MAGA

Mar 24 2022

Putin puts Biden’s King in Check


Armstrong Economics Blog/Euro € Re-Posted Mar 23, 2022 by Martin Armstrong

The absolute stupidity of those in the Biden Administration will go down in history as probably the dumbest ever in the history of the world, not just the United States. Besides disrupting energy supplies, and subjecting the world to a shortage of wheat when Russia and Ukraine represent 30% of the world exports, Biden’s sheer stupidity in just reading what his staff of climate zealots tell him is beyond belief. There is a crisis unfolding even in base metals like nickel.

Removing Russian banks from SWIFT but leaving the energy intact so Europe has power, was so brilliant they obviously never played chess. Putin just put Biden’s king in check by ordering Europe to pay for gas now in Rubles. That will provide support for the Ruble, and undermine Europe and its Euro as well as the dollar in the long run.

First of all, when Biden freezes all of Russia’s reserves, why would you continue to get paid in dollars that Biden could freeze? That makes no sense. This is why I warned that using SWIFT as a political tool would destroy the world economy. There is no putting this back together again. The foundation of TRUST has been lost.

What I would do if I were Putin is to create a two-tier monetary system like South Africa once had with the Financial Rand and Domestic Rand. What I would do to put Biden in Checkmate would be to back ONLY the domestic Ruble with gold to restore confidence among the Russian people, but leave the Ruble float for international transactions – the opposite of what FDR did in 1934.

Biden has destroyed the world economy. This is so devastating going forward, that what comes post-2032 when the world economy finally crashes and burns because of these idiots, there will be a whole new regime change on a global scale.

Mar 24 2022

The Laptop from Hell


Armstrong Economics Blog/Politics Re-Posted Mar 23, 2022 by Martin Armstrong

Ihor Kolomoisky is the Oligarch who funded Zelensky and put him in a position to be president. However, this is the very same Kolomoisky who had a “controlling interest” in Burisma Holdings, that employed Hunter Biden as a board member for a widely reported salary of $50,000 per month. Russian media, quoted in State Department emails, referred to Burisma as “part of Kolomoisky’s financial empire.”

It was the same Kolomoisky who publicly said in 2019 that he REFUSED to cooperate with efforts by President Donald Trump’s personal lawyer, Rudy Giuliani, to get his help in investigating Hunter Biden and Burisma. House Democrats’ impeachment report on Trump also cited the incident in late 2019 as grounds for impeachment.

Emails from 2015, published last year by the New York Post, show a Kolomoisky protege communicated with Hunter Biden about a meeting between the protege and Joe Biden, then vice president under President Barack Obama. Then court filings from 2019 by a private investigatory firm alleged that legally obtained bank records of Hunter Biden show payments to him from the Kolomoisky-owned PrivatBank.

The REAL character of Zelensky is revealed in his actions. As soon as he became President. Volodymyr Zelensky decided to fire Prime Minister Oleksiy Honcharuk and several leading reformers. Ukraine paid a heavy price for the move in capital outflows and soaring borrowing costs. There was talk of Zelensky finally breaking with leading oligarch Ihor Kolomoisky, but that never took place.

Kolomoisky’s supporters initially prevented a second reading of the banking bill through “legislative spam”, the proposal of thousands of frivolous amendments. Zelensky used COVID to distract people concerning reforms. There was no major effort to make the IMF-backed reforms. The IMF dropped its effort of the long-term Extended Funding Facility for Ukraine to encourage reform to a new policy of a smaller, short-term Stand-By Arrangement, which is confined to budgetary support. Zelensky could have just fired Honcharuk. But instead, he gradually picked off nearly all the ministers who had reputations as reformers. Everything he promised was never carried out. Instead of solving the Donebass dispute, he promoted joining NATO and deliberately antagonized Putin.

All the promises of reforms wooed the European Union, but there was no substance. There were rising concerns that Zelensky was actually selling out to the very people who had run the country under Yanukovich and many saw this as a confirmation that Zelensky was in hock to Kolomoisky. Zelensky never distanced himself from Kolomoisky. In fact, during the election, Igor Valeriyovych told Igor Oleksiyovych that working for Poroshenko was in vain. Kolomoisky allegedly said to Igor Hryniv: “My boy and my girl will be there in the second round anyway”, referring to Yuliya Tymoshenko and Volodymyr Zelensky. Nevertheless, the Kyiv Post reported the allegations that Kolomoisky was behind the release of a tape of Honcharuk mocking Zelensky’s economic knowledge.

Kolomoisky pushed hard for compensation for the nationalization of PrivatBank – which he co-owned until 2016 when the government took control of it due to the $5.6 billion hole in its balance sheet. But the real economic payback appeared to occur elsewhere, as the government showered debt and delivery favors on the Kolomoisky-controlled Ukrnafta and Centrenergo. The government opened corruption cases but seemed to concentrate on Kolomoisky’s enemies from the National Bank of Ukraine and the interlinked leadership of the Investment Capital of Ukraine, often dubbed “[Petro] Poroshenko’s bank”, after the former president.

Here we have Hunter Biden taking money from Kolomoisky who just so happens to be the backer of Zelensky. Biden then hands Zelensky $13.6 billion in aid to fight off the evil Putin. I seriously doubt that money will go to aid Ukrainians.

The corruption in Ukraine is so bad, it may even rank as the #1 black hole in the entire world. When will the West wake up?

Mar 24 2022

Government ALWAYS Act in their Own Self-Interest


Armstrong Economics Blog/Banking Crisis Re-Posted Mar 23, 2022 by Martin Armstrong

QUESTION: Hello Martin,

Hope your doing well, you spoke about keeping some money, outside of banks, do you see sterling paper money being cancelled by the bank of england, as they have already cancelled old £5/£10/£20/£50 and £1 coins, you have to bring them to the bank an exchange for new plastic type paper currency,my question is if you have some set aside do you think they would cancel outright or would they make you declare, if things get sticky, or would you be safer keeping in bank, for there is some insurance scheme up to £75 0r £85k, one named account, not that would effect me in the amounts, can you advise should I maybe bring some US dollars into piggy bank, much obliged, for your help will go towards helping my parents/family extended family circle, I just buried my mother a week ago, so my dad’s a bit all over the place, he has a few £1000’s, has difficulty putting money in banks/post office and questions and restrictions getting money out, they shut the last bank down in November, he lives in a town of 10,000 pop, has to travel to the city, not up to that now, any insight would be gratefully appreciated.he lives in the north of Ireland.
EP

ANSWER: Britain does cancel its currency. That allows the government to take that direction. The difference with the US dollar is that it has never been canceled and it would take an Act of Congress. Trudeau is Canada interestingly passed an Act to give him the authority to cancel paper ,oney. He did cancel the old notes as well.

While the US replaced the $100 bill, the old one is still valid. Since 70% of the US paper dollars reside outside the USA for they are the hedge against various governments, the Democrats would love to cancel the currencies following the same Marxist agenda that cash is EVIL.

In this atmosphere where Biden just reads the teleprompter and there are serious concerns in DC about his mental ability going forward, this means we really do NOT know who is running the show. All I can say is that demands, policies, and tactics are the hallmark of Neocons.  They have achieved their dream of controlling the White House. They have never allowed a day to go by without plotting how to conquer the world.

Unfortunately, The British pound is called “sterling” meaning it was once one power of sterling silver. Even in 1953, Britain had abandoned silver in its coinage. They struck coins in Cupro-Nickel. So it is hard to do the same as an American can do, hoard the old pre-1965 silver coins. When Roosevelt confiscated gold during 1934, that meant whatever you had on deposit in a bank was taken. He did not go door to door searching for gold coins. So keep that in mind that the banks will do whatever they are ordered to do. They are not on your side. They must be loyal to the state to retain their license.

You may want to look at British sovereigns, which are just under a quarter ounce of gold. Just keep it to the common dates, circulated is fine. You are not looking to be a rare coin collector. At least when Germany was going through its hyperinflation, people were able to hoard foreign currencies as well as tangible assets that included land, art, rare coins and stamps, and even old cars. Anything that is not relying on government and is not in some official storage that the government can seize. For they will also act ALWAYS in their own self interest.

Mar 24 2022

Zelensky Keeps Trying to Create WWIII


Armstrong Economics Blog/Ukraine Re-Posted Mar 23, 2022 by Martin Armstrong

QUESTION #1: When I read today that while addressing the Italian Parliament, Zelensky reported that the Russians were “capturing and torturing children” my propaganda antenna went up and the BS detector went off. If true, that is atrocious and a war crime. Putin is crazy but that seems hard to fathom. It would seem like good propaganda for Zelensky to use to prompt NATO to get involved (which as you have noted repeatedly would surely start WW III). Maybe it is Zelensky’s Hail Mary pass?

Anyway, what were your thoughts when this was reported and what do you hear from your Ukrainian sources on this topic? Is this true?

RW

QUESTION #2: Marty, I find it amazing that your computer pinpoint Ukraine back in 2013. But you also said when this started that it would not be a quick in and out event. Then you said it was Zelensky who would create World War III. OK. I watched Zelensky address the Italian Parliament. He said Russian were torturing children. He is trying to paint Russians as animals. Zelensky keeps saying a lot of shit and it is all to send the world into war that will be nuclear. This man is pure evil. Do you have any timeline worked out yet?

RG

QUESTION #3: How can the West support Ukraine when you have doctors ordering that Russian soldiers who are prisoners of war should be castrated? I’m sorry. But I see this as the pot calling the kettle black.

OP

COMMENT #4: Zelensky Says He Wants Talks With Putin, Failure Means ‘Third World War’My Comment: No, it doesn’t Zelensky.
What it means is a Third World War of Words and Pictures equal to failure-failure. It’s a ‘Vietnam’ of no win-win for both.I watched the CNN GPS Zelensky interview too and was aghast at the war commercial produced by Zelensky’s ‘Dogs of War’ to romanticize and legitimize his demagoguery. It reminded me of the 1984 Apple commercial. Zelensky’s commercial is embellished with platitudes that reveal the naïve approach he’s taken with Ukraine and the lives of innocent Ukrainians. The mind behind the “The Third World War” scapegoat.There won’t be any last man standing to credit with victory. There will only be repentance and regret that you Zelensky broke faith with established agreements. Anyone who encourages Zelensky in this kind behaviour encourages a man who believes he’s more than what he is.….

I read the Toronto Star’s Saturday March 19, 2022 Edition, Front Page article ‘What drove them” by Justin Ling.

My Comment: Referring to ‘Klaus Schwab/WEF’ as a conspiracy theory brings into question the rest of what has been written in the article including Justin Ling’s ability to understand what he is writing about. ‘Klaus Schwab/WEF’ is not a conspiracy. It’s a fact. To use a newsie phrase from the past “READ ALL ABOUT IT!” It’s all there in plain sight to read and understand.

COMMENT #5: The madman is not Putin, it is Zelensky. Why should this man sacrifice my family here in Ohio for his hatred of Russians? If anyone should be assassinated, it is Zelensky to save the world.

KH

COMMENT #6: I could never fully understand why Americans hated Russia so much. In 1991, when I was 17 years old, a senior in high school, I traveled to Russia with a group of classmates in my economics class just as the USSR fell. I actually saw them change the flag from USSR to Russia. I remembered thinking this must be an important moment to witness in history.I never felt threatened while there. And I was very intrigued by the Russian winter swimmers called “walruses” who would swim in the ice cold water. They would practice all year in ice-cold baths, and I thought to myself wow, that really takes a lot of discipline to do that.

The Hermitage museum was absolutely gorgeous with the malachite columns and gold-leafed crown molding. We visited many major tourist destinations such as St Basil Cathedral, the Hermitage Museum, Moscow, saw Swan Lake, and ate at restaurants.  We stayed through New Years and because Russia at that time did not have an age-limit for drinking that served us copious amounts of vodka that my classmates happily drank and got drunk. I stayed sober…was not interested in getting drunk or drinking vodka, but it was interesting to see this American teenagers celebrating New Years in Russia.

Even though I think we saw probably the best parts of Russia, I felt Russia was a poor country when we visited. A few young children ran up to us begging for money, and there was just a lack of variety of foods to eat and things to buy at the shopping malls. Remnants of a communist country. Moscow was so bland and stark. And it was very cold, but I bought a Russian wool hat, which I loved wearing around. It was so warm!

Ever since then I followed Russia on and off, and with the fall of communism there it was very interesting to see their change and development in the arts and culture. I liked Maria Sharapova, tennis player, and I befriended a Korean-Russian while I lived in Korea during 1998. She was a Russian-born Korean and only spoke Russian and Korean. Fascinating to meet someone like that.

I thought it was always the idea of communism versus capitalism that Americans were at odds with, that Americans were in favor of freedom and democracy. I understand you, it is tragic to see what is happening in America. Americans really are no longer to good guys today with the election fraud. When Joe Biden took office, I literally cried (shed tears).

But you know, the sun comes up every day and when the sun shines, I feel happy. I try to do my part and not hate Russians. I find the country interesting. It is hard to see the other side when there is so much propaganda. Thank you for sharing your knowledge and insights on what is going on in the world. You do so much good. Your thoughts are very much needed in today’s world.

Thank you.
SH

COMMENT #7: Now Biden is out saying the US must lead the new world order. Someone had better arrest the people writing these words he is reading.

DF

ANSWER: I am sorry, but Zelensky is an actor who even played a president. He was hired to bring the world to war and has done NOTHING that he promised to get elected. The audacity to claim he should get the Noble Peace Prize is just propaganda when he has put not just Ukraine at risk, but the world for insisting on joining NATO in violation of the Belgrade Agreement, and then refusing to allow Donbass to hold elections while claiming Putin is against democracy is the ultimate hypocrisy.

Claiming Russians are torturing children is just over the top. Nobody, even Hitler, Napoleon, Stalin, or the Genghis Khan has ever tortured little children. Then for the Ukrainian doctor to order Russian prisoners should be castrated is a violation of every convention on war and confirm the hatred of Ukrainian Nazis to just exterminate Russians is alive and well.

It is this hatred that Zelensky is pouring out to the whole world that they are now even removing Yuri Gagarin’s (1934 – 1968)  name from history as the first man in space because he was Russian? He died in 1968. This is the real evil – raw hatred being created by this actor. When the final chapter is written, it is Zelensky who has torn the world apart deliberately. He keeps threatening World War III because of his hatred of all Russians which is why he refuses to allow the Donbass to separate.

Zelensky has sacrificed his own people for his hatred of Russian people and this deliberate absurd position of joining NATO and refusing to allow the Donbass to become an independent republic. Ukraine was merely a border drawn during the Soviet Union. This is not even about the sovereignty of a nation. Neither Crimea nor Donbass are occupied by Ukrainians – they have always been ethnically Russian.

Many in Ukraine feel Zelensky is a puppet of the CIA, WEF, or the Ukrainian Nazis depending upon who you talk to. What is clear, he has done nothing to prevent war and does appear to exaggerate everything constantly threatening World War III to create it. He wants to engulf the entire world because of his hatred of Russians – not Putin alone.

Those who support Zelensky should take a look at their children. Are you prepared to see them killed and their future destroyed for this actor in high heels pretending to be a world leader?

Mar 24 2022

End of Petro-Dollar Begins, Russia Instructs Central Bank to Organize Payments From Hostile Countries in Rubles


Posted Originally on the conservative tree house on March 23, 2022 

It’s a smart move by Russian President Vladimir Putin.  Facing financial sanctions and economic pressures from the U.S, NATO, EU and western allies, Putin stated today that all oil and gas payments must be made in Russian rubles.

The EU has few options as they are reliant upon Russia for energy products oil and gas.  If Putin organizes payment in rubles, his currency will automatically increase.  This sets the stage for other less hostile countries like the BRICS alliance to assist Putin ideologically and financially by transacting in rubles through the Russian central bank.

(Oil and Gas) – […] Russian President Vladimir Putin said on Wednesday that Russia would start charging the countries it considers “hostile” in rubles for its natural gas.

“I have taken a decision to switch to ruble payments for our natural gas supplies to the so-called hostile states, stop using the compromised currencies in such transactions,” Putin said, per a transcript published on the Kremlin website as carried by Bloomberg.

The Russian President—whose list of “hostile” states includes the United States, all EU member states, Switzerland, Canada, Norway, South Korea, Japan, and many others – has ordered the Bank of Russia, the central bank, to develop a system for payments in rubles within a week.  

“At the same time, I want to emphasize that Russia will definitely continue to supply natural gas in line with the volumes and prices, pricing mechanisms set forth in the existing contracts,” Putin said at a government meeting today.

It makes no sense for Russia to export goods to the EU or the United States in U.S. dollars or euros, Putin added.  (more)

It will be interesting to see how quickly they can get this up and running.

Mar 23 2022

Moscow Warns Biden Has Crossed the Line Where No Former President Has Ever Gone


Armstrong Economics Blog/Neocons Re-Posted Mar 22, 2022 by Martin Armstrong

There is little question that what the US is doing is not defending Ukraine, they are deliberately attempting to force the Russian people to overthrow Putin. Now Russia’s foreign ministry summoned U.S. Ambassador John Sullivan to inform him that President Joe Biden’s remarks with respect to the Russian President Vladimir Putin have gone too far. He was warned that Biden is pushing bilateral ties to the brink of collapse. This is going BEYOND the cold war – this is escalating to the point where ties are just severed.

Biden said last week that Putin was a “war criminal” for sending tens of thousands of troops into Ukraine. The Russian foreign ministry has made it very clear: “Such statements from the American president, unworthy of a statesman of such high rank, put Russian-American relations on the verge of rupture.” Biden is clearly engaging in the typical Neocon rhetoric of DEMONIZING your opponent. The Kremlin has described the comments as “personal insults” against Putin.

One must wonder if Biden even understands what he is doing, or is he just reading the teleprompter. NEVER before in the entire history of US/Russian relations has any former President been hurling personal attacks to DEMONIZE a Russian leader. It appears that the Neocons have seized the White House and formed some sort of partnership with the climate change zealots. It certainly appears that there is an intentional desire to create war and this is out in the open. One must wonder that it was sanction that led to Japan attacking Pearl Harbor and will this escalate into a Declaration of War between the US & Russia et al sooner rather than later?

Mar 23 2022

Mike Lindell Drops 88-Page Forensic Report Showing Conclusive Evidence of Manipulated Voter Files From Mesa, Colorado


Posted originally on the conservative tree house on March 22, 2022 | Sundance

For several months, Mike Lindell has been championing a forensic review of voter files from Mesa County, Colorado.  In a series of forensic reports looking into Colorado’s use of Dominion vote tabulators, a data forensic team led by cyber-security expert Doug Gould have been reviewing electronic files from the 2020 election. {Direct Rumble Link}

According to Mike Lindell, Doug Gould and the team of forensic analysts who just completed the work, have conclusive evidence that files were manipulated and deleted during a May 2021, software update driven by the system vendor, Dominion.  Mesa County Clerk Tina Peters made a copy of the election files before and after the Dominion vendor installed software.  A forensic review of those files shows a difference in the actual voting tabulation.

The Files and PDF of the raw material are AVAILABLE HERE.

Mike Lindell notes he is filing injunctions immediately against seven states to stop them from using these electronic systems in the 2022 election, and later more injunctions will be filed in other states.  The evidence to support those injunctions is included in the 88-page report.

I hope Lindell is successful, because part of the motivation for Joe Biden to continue extending the national state of emergency over COVID, appears to be the ongoing effort to use expanded mail-in ballots in the 2022 election.

Mar 23 2022

DOJ Corruption Continues – Biden Justice Dept Caught Spying on Project Veritas and Lying to Judge


Posted originally on the conservative tree house on March 22, 2022

According to documents reviewed by Project Veritas, the Joe Biden DOJ used subpoenas to Microsoft to gain access to documents and files belonging to James O’Keefe and other journalists at the organization.  The DOJ issued gag orders to the tech firm to stop them from informing Project Veritas about the surveillance, and this DOJ activity continued even after a judge ordered the DOJ to stop exploiting the electronic devices previously seized.

[NEW YORK – Mar. 21, 2022] Bombshell Microsoft Corporation legal documents released by Project Veritas reveal that President Biden’s Department of Justice filed a series of secret warrants, orders, and a subpoena to surreptitiously collect privileged, and constitutionally protected, communications and contacts of eight Project Veritas journalists from Microsoft Corporation. (more)

The moves by the SDNY, as noted by Project Veritas, should not be considered in a vacuum.   The institution of the United States Dept of Justice was disassembled by Barack Obama and Eric Holder in 2009, with specific intent to restructure the institution as a political targeting mechanism working jointly with the new FBI system simultaneously created.

The radical transformation of multiple executive branch agencies into weaponized political operations is the long-lasting legacy of Barack Obama’s terms in office.  The installation of Joe Biden (Obama term 3) was, in part, done to ensure the systems were protected from dismantling while the corrupt cement dried within the system.

To fully appreciate how the four pillars of our new government were established, I would recommend reading the background of how the Fourth Branch of Government was created.

THE Fourth Branch Explained HERE

Unfortunately, until people realize and accept how the cancerous system was created, we are going to continue being abused by it while surrounded by politicians and people falsely saying they know how to fix it.  The solutions offered are akin to giving aspirin to a stage-3 cancer patient.

The real solution requires extremely aggressive surgery, radical surgery, in order to save the patient.  Entire institutions need to be removed from government and replaced with interim agencies with limited scope.  [Ex. Eliminate the FBI completely and replace the critical services with U.S. Marshals for 1 year while a new, smaller, nimbler agency is built from the ground up.]

Mar 22 2022

About That Russia Attacking a Shopping Center Story


Posted originally on the conservative tree house on March 21, 2022 

Again, it must consistently be repeated – trust nothing from western or Russian state media about the issues in the Ukraine conflict.  Everyone is shaping the war narrative to fit their agenda.  Question everything you see and hear, wait to get the fulsome picture, and eventually the truth will surface.

An example today follows a U.S. and Western media claim that Russia arbitrarily targeted a shopping center in the capital city of Kyiv (Kiev).  According to the narrative, this is an example of Russian military brutality and arbitrary shelling of civilians.  SEE NBC REPORT:

However, the issues are not as clear as the western narrative would have us believe.  As noted in the report above, the Russians fired missiles into the shopping center during the late-night early-morning hours when no one was shopping, and the stores were closed.   Why was it targeted?  Take a look at the pictures below:

Yes, when a war is taking place and you use a shopping center as an area to conceal heavy armor and armored vehicles, you turn that shopping center into an authentic target for attack.  If a military hides amid a civilian population, they are putting the civilian population at risk.

This is not to say Vladimir Putin was justified in his decision to invade Ukraine.  However, it is also not okay for western media to claim a moral high-horse and then conceal how the facility was being used by the Ukraine military.

Mar 21 2022

The Largest Humanitarian Crisis That No One Discusses


Armstrong Economics Blog/War Re-Posted Mar 21, 2022 by Martin Armstrong

Yemen has been at war for the past seven years. A once great land of ancient trade, Yemen has become one of the poorest nations in the Arab world. Their GDP for 2021 was expected to reach only 26.9 billion USD. The World Bank estimated that over half of Yemen’s population lived in poverty prior to the pandemic, and that figure has now reached 71% to 78%.

The United Nations recently declared that 19 million people will go hungry in the coming months. Yemen is completely reliant on exports for basic necessities and 90% of its food supply is imported. One-third of imported wheat comes from Ukraine and Russia. The World Food Programme (WFP) said five million people are at “immediate risk” of slipping into famine-like conditions, and that their program needs $887.9 million to feed 13 million people over the next six months. Over 20.5 million people are without safe water as well.

Around 75% of the $14 billion donated to the nation came from the United States, Saudi Arabia, the United Kingdom, the United Arab Emirates, Germany, and the European Commission. The World Bank expects inflation to reach 45% in Yemen this year but the rial is already worthless and the nation has yet to adopt a safe reserve currency.

I have yet to see a Yemeni flag or virtue signaling for the people living in this particular war-torn country as it is not part of the agenda. The media rarely reports on Yemen and most journalists likely would not be able to recognize Yemen’s flag. People are not driving around with “We Stand With Yemen” bumper stickers, and schools are not requiring children to make sense of this war. The public does not discuss or shed tears for the people of Yemen who live in unfathomable conditions because they are not a piece of the larger agenda and no one can profit off of their suffering at this time.