Pelosi Visits Taiwan


Armstrong Economics Blog/Politics Re-Posted Aug 3, 2022 by Martin Armstrong

Speaker Nancy Pelosi landed in Taiwan on Tuesday night despite warnings from both Washing and Beijing. The nature of her trip was so secretive that it was not on her official itinerary. Now, the true nature of her visit is coming to light. “We take this trip at a time when the world faces a choice between autocracy and democracy,” Pelosi said. “We cannot stand by as the CCP proceeds to threaten Taiwan — and democracy itself,” Pelosi said in a statement. “Our congressional delegation’s visit should be seen as an unequivocal statement that America stands with Taiwan, our democratic partner, as it defends itself and its freedom.”

Her statements blatantly disregard the One China policy and all but confirmed that the US would support Taiwan if China invaded. In fact, her tone was so forceful it seemed as if she may be pressuring Taiwan to break away from China. China did not shoot down her plane as some Chinese commenters speculated, but they did flex their military muscles by conducting military exercises near the Taiwan Strait before Pelosi arrived. China does not want a war – but will they be pushed into one?

The nature of Pelosi’s visit has finally been disclosed. She will meet with President Tsai Ing-wen on Wednesday, and some news outlets are reporting that she plans to meet with activists who are outspoken about China’s human rights violations. Pelosi seems to be pushing the nation to liberate itself from the One China policy. One must wonder if Washington expressed dismay publicly while secretly endorsing Pelosi’s monumental trip. China has already punished Taiwan by banning it from exporting 100 food items, which will certainly hurt Taiwan’s fishermen and farmers. They are likely calculating their next move against the US. Expect tensions between the US and China to reach new heights, all due to Nancy Pelosi.

FBI Training Materials Designate Gadsden Flag and Historic American Symbols as Evidence of Militia Violent Extremists


Posted originally on the conservative tree house on August 2, 2022

Project Veritas has obtained whistleblower materials from official FBI training and instruction, highlighting images that are defined as evidence of Militia Violent Extremists or MVE’s.  Among the material now identified by the FBI as extreme are pictures of the Gadsden flag, Betsy Ross flag, Patriot symbols, Molon Labe and a host of other historic images that are now defined as evidence of Militia Violent Extremism.

[WASHINGTON, D.C. – Aug. 2, 2022] Project Veritas released a newly leaked document today provided by an FBI whistleblower, which shows how the Bureau classifies American citizens it deems to be potential “Militia Violent Extremists” [MVEs].

In the document, the FBI cites symbols, images, phrases, events, and individuals that agents should look out for when identifying alleged domestic terrorists.

The “Unclassified/Law Enforcement Sensitive” document says it is for “FBI Internal Use Only.”

Of note, under the “Symbols” section, is a prominent citation of the Second Amendment, where it explains that “MVEs justify their existence with the Second Amendment, due to the mention of a ‘well regulated Militia,’ as well as the right to bear arms.”

Right below that, under the “Commonly Referenced Historical Imagery and Quotes” section, Revolutionary War images such as the Gadsden Flag and the Betsy Ross Flag are listed. Each flag displayed in the document comes with a brief description of what it means.

Under the “Common Phrases and References” section of the leaked document, Ashli Babbitt is cited as a person that MVEs consider to be a Martyr.

The same document also refers to Ruby Ridge, Waco, and even Timothy McVeigh, tying in traditional American ideas and symbols with radical and/or violent events in the past. (see and read more)

FBI Director Chris Wray is scheduled to appear before the Senate Judiciary Committee on Thursday [SEE HERE], perhaps someone will ask him about this.

It would appear, if we are to accept the narrative from the FBI, patriotic Americans are all dissidents now.

Foreboding Data, Second Quarter Credit Card Balances Jump 13 Percent, Largest Increase in Twenty Years


It’s not just the scale of the increase that is surprising; it’s the history of how long it has been since this scale of debt increase happened in a single quarter.

(CNBC) – […] Although average hourly earnings are up 5.1% from a year ago, prices have been rising much faster. The Consumer Price Index, which measures the average change in prices for consumer goods and services, jumped a higher-than-expected 9.1% in June, the fastest pace in over four decades.

To bridge the gap, more consumers are relying on credit cards to get by, which has helped propel total credit card debt to $890 billion.

Overall, credit card balances rose 13% in the second quarter of 2022, notching the largest year-over-year increase in more than 20 years, according to a report from the Federal Reserve Bank of New York. (read more)

This doesn’t sound like a good economic omen.

Posted originally on the conservative tree house on August 2, 2022 | sundance

Smooth Operator, Senator Joe Manchin Answers Questions About His Energy Deal with Senator Chuck Schumer


Posted originally on the conservative tree house on August 2, 2022 | sundance |

Democrat Senator Joe Manchin wears the purple tie today as he answers questions from the DC legislative narrative engineers.  There are two videos below.  The first is a general presser with multiple members of the DC media (print journos) about the Green New Deal energy bill he negotiated with Senator Chuck Schumer. The second video is an interview between Manchin and Fox News host Harris Faulkner.

Unfortunately, in both the presser and the direct interview no one pins Manchin down on where “expanded energy production” of the bill is located.  Manchin claims there is legislative language in the deal that supports the fast domestic production of oil, coal and natural gas to meet the immediate issue of skyrocketing energy prices.  However, Manchin is a smooth operator, and he states confidence that rapid and expanded development of oil, coal and gas is part of the deal.  WATCH:

Here’s the segment with Harris Faulkner trying to pin him down on tax increases, energy production, inflation and the 2024 election.

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Joe Biden Announces White House Monkeypox Response Team to Deliver “Health Equity to all Monkeypox Stakeholders”


Posted originally on the conservative tree on August 2, 2022 | sundance

I was unaware that monkeypox was an issue for the White House. However, today the Biden administration is proud to present a team of government officials tasked for the purpose of handling the whole of government response to the U.S. outbreak of monkeypox.

Additionally, I’m not exactly sure what a “stakeholder in monkeypox” is, but this team is in charge of making sure they have “health equity.”

WHITE HOUSE – “Today, President Biden named FEMA’s Robert Fenton as the White House National Monkeypox Response Coordinator and Dr. Demetre Daskalakis as the White House National Monkeypox Response Deputy Coordinator. Fenton and Daskalakis will lead the Administration’s strategy and operations to combat the current monkeypox outbreak, including equitably increasing the availability of tests, vaccinations and treatments.

[…]  “Bob Fenton and Dr. Daskalakis are proven, effective leaders that will lead a whole of government effort to implement President Biden’s comprehensive monkeypox response strategy with the urgency that this outbreak warrants,” said Anthony Fauci, Chief Medical Advisor to the President. “From Bob’s work at FEMA leading COVID-19 mass vaccination efforts and getting vaccines to underserved communities to Demetre’s extensive experience and leadership on health equity and STD and HIV prevention, this team will allow the Biden Administration to further accelerate and strengthen its monkeypox response.”

Fenton and Daskalakis will coordinate and manage response efforts across the White House and all Federal departments and agencies. They will work with local, state, national, and international stakeholders on tracking and fighting the spread of monkeypox, with state and local partners to ensure they have adequate supplies to test, treat and vaccinate at-risk individuals, with clinicians and providers on available testing, treatment and vaccination options, and with stakeholder communities on building public understanding of the virus and how to address it most effectively.

[…] Over the coming weeks, under the leadership of Fenton and Daskalakis, the Administration will advance and accelerate the United States’ monkeypox response to mitigate the spread of the virus, protect individuals most at risk of contracting the virus, and care for those who have been afflicted with it.” (read more)

Job Openings in June Decreased 605,000, Retail Sector Dropped 343,000


Posted originally on the conservative tree house on August 2, 2022

The Bureau of Labor Statistics (BLS) produces a monthly report of available job openings.  The Job Openings and Labor Turnover Summary (JOLTS report) shows the number of available jobs at a captured moment in time.  This JOLTS report [DATA HERE] is a summary of the last day in June.

As you can see within modified Table-1, the number of available jobs dropped by 605,000 in this report.

Hires and separations were little changed, so too was the number of people who quit their jobs.  The big change in this JOLTS survey was the removal of available jobs.  Employers cancelling job openings.

BLS – “On the last business day of June, the number and rate of job openings decreased to 10.7 million (-605,000) and 6.6 percent, respectively. The largest decreases in job openings were in retail trade (-343,000), wholesale trade (-82,000), and in state and local government education (-62,000).”

If we monitor the JOLTS report as an indicator of employment strength reflecting the general pattern of consumers, we can see a pullback in both the goods and service sector.

Retail job openings dropping 343,000 as consumer spending tightens even more due to inflation, and now we see the service side with leisure and hospitality dropping 91,000 openings.

Climate Engineering: 40 Million in US West Without Water in 2023


Armstrong Economics Blog/Corruption Re-Posted Jul 22, 2022 by Martin Armstrong

Our models have been indicating a decline in both the food and water supply, which go hand-in-hand. Other analysts are coming out to warn that the inevitable cycle is underway. Climate engineering researcher Dane Wigington believes the cycle has been propelled forward by manmade forces. “The mainstream media and official sources are doing their best to sweep it under the rug. We are talking about 40 million people that will be impacted by the drying out of the Colorado River basin and tributaries.”

Interviewer Greg Hunter plainly asked Wigington if this was a deliberate attempt to diminish the population. “Yes,” he replied without hesitation. “There is no speculation, no hypothesis or conjecture in any of this. Climate engineering is the primary cause for the protracted drought, and not just in the U.S. but in many other parts of the world. It also causes a deluge scenario, and all of it is crushing crops. We can speculate to the motives and agendas behind those who run these operations, but the fact that climate engineering is the primary causal factor for the western drought is inarguable.”

Wigington sees extreme water rationing coming as soon as 2023. Once Lake Mead reaches “dead-pool” status, crops will die out, water will be unavailable for irrigation, and there will be no electrical power generation. Drought is causing water to evaporate at levels beyond what is reported in the mainstream media.

“This is a runaway train of total cataclysm, and those in power are preventing anyone from even discussing this issue down to the point that there is an illegal federal gag order on the nation’s weathermen at the National Weather Service and NOAA,” Wigington stated. The government would only place a gag order on reporters if there were something to hide. Climate engineering may be one of the new tools to fight future wars and control the population.

I’m adding this note: Some of this is real the water levels are dropping. Some of the rest is also possible because Bill Gates was testing this idea a while back.

China Banking Crisis & the Unsuspecting World


Armstrong Economics Blog/Interest Rates Re-Posted Jul 22, 2022 by Martin Armstrong

While authorities have accused a private financial group of misleading members of the public with promises of high-return wealth management products, what is not being said publicly is the fact that the rise in the dollar is a significant factor undermining emerging markets in which China participated. The Chinese government warned the provinces and private companies NOT to borrow dollars. Despite the fact that the Chinese government is portrayed as COMMUNIST still in the West, there would be no banking crisis if they were.

Many operations borrowed in dollars made the same fatal mistake I have witnessed since the 1980s. They sell these loans in a foreign currency with the expectation of saving money on interest. But the FX can be 20% to 40% within a 2-year period and there is NEVER any foreign exchange consideration. In addition to this FX crisis, the inexperience of people who think it is easy to be a money manager has discovered the reality of being inexperienced. This is why you find the standard clause in the West – past performance is no guarantee of future success.

Japan is once again the largest holder of US debt. This is NOT because they have been buying more, it is because China is selling off debt gradually because the dollar is high and the risk of war with the United States is rising by the day. Biden has already destroyed the world economy. It is now impossible to repair even if you vote for all Republicans 100%. The destruction of SWIFT has divided the world and has terminated Globalism. China is liquidating US debt gradually and rightly so. Beware of 2023 ahead. The people writing the scripts for Biden are ONLY concerned with climate change and have ZERO experience in geopolitics.

Henry Kissinger has been a critic of Biden on his war effort against Russia and China, or should I say the real president who is writing the scripts. EVERY President since Nixon has invited Henry to the White House EXCEPT Biden. Henry is the best geopolitical analyst I know of. I myself was called by my local Congressman asking me to fly to a meeting. I declined. But I asked why was I being called? I was told there is a serious lack of experience in Washington. I was stunned, to say the least. I have no desire to step into what has become a hateful confrontation in Washington that resembles a high school food fight in the cafeteria.

If you do not have eyes in the back of your head, you better learn how to use a rear-view mirror. The purpose of this blog is to help you to see that we are all connected. The old saying about Chaos Theory was that the flapping of a butterfly’s wings in Thailand can alter the weather cycle in Europe. The slightest alteration can produce a starkly different outcome. This is why I am often a critic with a different view when it comes to governments. Those at the helm are often LINEAR thinkers who see only one cause and effect that produces the future.

It is people like Klaus Schwab who think they are so intelligent that they can actually alter and shape the future. His entire premise of the 4th Industrial Revolution is that he can direct it and control it when creativity cannot be controlled or put on some schedule. A good trader learns from his mistakes. If he never made a mistake, then he will end up in a real crisis for he will assume he is always right and then lose it all.

Life is a learning process. We advance only as we learn and the mother of all invention is our mistakes. Learn well from them, if you wish to survive and stop blaming other people. That is the #1 problem with the goldbugs. They do not seek to understand, but just blame the bankers for why gold has not reached $10,000. They cannot advance because they look at the market objectively. That is a critical factor we learn in this journey we call life.

Midterm Elections Could Lead to Fauci Prosecution


Armstrong Economics Blog/Corruption Re-Posted Jul 22, 2022 by Martin Armstrong

Fauci plans to retire as soon as Biden leaves office as he knows he will no longer be protected. He mistakenly believes that he is above the law and will not be prosecuted for his crimes against humanity. Rand Paul, Fauci’s longtime foe, made it very clear that Republicans will subpoena Fauci if they take back the House or the Senate. Paul is not afraid to come off as a “conspiracy theorist” and plainly stated he wanted to know if there was a cover-up involved.

Paul said while speaking to Fox News:

“I do fully believe this virus, this pandemic that killed 6 million people around the world, leaked from the lab. But I think there was a concerted effort by him and his colleagues to cover this up and make sure it didn’t come to light, that the NIH was funding that lab and that there was reasonable scientific evidence that suggests that it came from the lab. So he’s going to be made to testify under oath. And I hope he sticks around because we do have some questions.”

Paul is not alone in his desire to investigate Fauci. Rep. Madison Cawthorn (R-N.C.) vowed to prosecute Fauci is the House gains control during the midterm elections. “We want to prosecute this guy to the full ability of the law. And I’ll tell you, to lie to the American people just to get your name in the news, just to get your face on the cover of books, just to get fame and fortune. I’ll tell you, Dr. Anthony Fauci does not deserve either fame or fortune,” he continued. Cawthorn also accused Fauci of being a “pawn of the Chinese Communist Party” and lying under oath about his knowledge on gain-of-function research.

Rep. Marjorie Taylor Greene introduced the “Fire Fauci Act” in April 2021 which brings to light many valid questions. Why is Dr. Fauci the highest-paid government employee, surpassing even the income of the president? How much did he profit from the pandemic? Why did he claim herd immunity would require up to 85% of the population to be vaccinated when there is no proof or study to support this idea?

If the Republicans takeover during the midterm elections, expect Dr. Anthony Fauci to face a trial. The public at large will then learn the lies being pushed as science and will realize that the entire pandemic was a manufactured event. This will lead to civil unrest on a widescale spanning far beyond America.

Fauci Set to Retire


Armstrong Economics Blog/Corruption Re-Posted Jul 19, 2022 by Martin Armstrong

Dr. Anthony Fauci, Mr. COVID himself, announced that he would retire at the end of Joe Biden’s term. Fauci hinted in an interview that he fears an investigation into his personal dealings if the conservatives take back control next year. “They’re going to try and come after me, anyway. I mean, probably less so if I’m not in the job,” Fauci told Politico. We know the vaccination does not work and causes more harm than good. The long-term effects of the vaccines and lockdowns are now coming to light, and Fauci is responsible as the mascot for the entire COVID agenda.

Fauci maintains that boosters will be necessary every year, similar to the flu vaccine, despite the components of the two vaccines differing drastically. Fauci also admitted that the people are waking up to the fear-mongering and brainwashing techniques he used to scare the world to stay inside.

“It’s becoming more and more difficult to get people to listen, because even the people who are compliant want this behind them,” Fauci said, bewildered that people do not obey his every word. “What I try to convince them [of], with my communication method, is we’re not asking you to dramatically alter your lifestyle. We’re not asking you to really interfere with what you do with your life. We’re just asking you to consider some simple, doable mitigation methods.”

The ”simple, doable mitigation methods” involved involuntary house arrest, school closures, business closures, and forced vaccinations of an EXPERIMENTAL mRNA gene-altering therapy. These policies were a gut punch to the global economy. Countless people lost their jobs and lives due to his warped God-complex view of “trust the science.” This man should be held accountable for the damage he has done to society – permanent damage that will linger for generations to come.