Senator Rand Paul Blocks Fast-Track Senate Vote for $40 Billion Additional Ukraine Funding


Posted originally on the conservative house on May 12, 2022 | Sundance 

Senator Rand Paul has blocked a fast-track senate vote on the additional $40 billion funding package created by Joe Biden and House Democrats.  Both Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell approved a fast-track vote; however, senator Rand Paul (KY) stood defiant against their effort.

Despite the high-profile pressure from the two Senate leaders, Rand Paul refused to move and that means the Senate will have to take procedural steps to overcome his objection, which could take several days. “My oath of office is the US constitution not to any foreign nation and no matter how sympathetic the cause, my oath of office is to the national security of the United States of America,” Paul said in his remarks before objecting to moving to swift passage of the bill. “We cannot save Ukraine by dooming the US economy.” WATCH:

The $40 billion supplemental spending bill for Ukraine is more than the total military budget of Russia.  The combined Ukraine aid packages now exceed $60 billion, more than the entire budget for the U.S. Dept of Homeland Security including border protection.

Rand Paul is on the right side of history with his position, and the overwhelming majority of Americans agree with him.   However, the opinion of the people is irrelevant to the Senate.   Even democrat Senator Chuck Schumer seemed to admit this point when he said Rand Paul’s position “was not the opinion of the overwhelming majority here,” meaning in the senate.  Schumer would have used other terms if he thought the American people agreed with him.  They don’t, and he knows it.

We have Enemies Within Our Own Governments Seeking War & Agenda 2030


Armstrong Economics Blog/International News Re-Posted May 2, 2022 by Martin Armstrong

There is a discussion now to ban Russia from the G20 meeting. Whatever can be done to create World War III is in full motion. Meanwhile, Biden wants to not just seize the private property of Russian individuals like yachts, homes, and anything else he can just seize, he wants to sell off the assets he has stolen from private individuals setting a precedent following the actions of Iran when they seized all assets of foreigners. Biden is completely destroying the world economy and burning down the very foundation of international law. This is destroying global investment for this action by the United States is not only unprecedented in the history of civilization, but it will send a warning signal to even the Chinese – sell everything and get out before Biden robs you blind.

Then the British Defense Secretary said that he would not be “surprised” if Putin used the May 9 celebrations in Russia, which mark the day the Soviet Union defeated Nazi Germany, to “mobilize the Russian people en masse” against the West. It is just unimaginable how these leaders are doing EVERYTHING they can possibly do to create World War III. In all honesty, if the shoe was on the other foot, you would launch a first strike and take out all the capital cities in a matter of minutes.

There is no way to EVER return to normal! Biden appears to be following the Agenda 2030 of Klaus Schwab. There are no peacemakers here. This appears to be a strategic maneuver to make the United Nations emerge as the great peacemaker and in the process, fulfill the idea of handing all sovereignty to the United Nations and a one-world government. It has been alleged that Soros is funding migrants to invade the United States and the Democrats will suddenly grant them all citizenship and fill out the mail-in votes for them since they are unfamiliar with the fine print of why they are allowed in during a period of rising food shortages to make it worse for real Americans.

This is now about raw power – and the Agenda 2030 is in full swing. These people will reduce the world population, but they will be using war to clean house.

Strategically, the people behind Putin would love to see him nuke Kyiv at this point as a warning to the West – is this what you really want? Putin is far more cautious than the people behind him just as we have reckless people writing the scripts for Biden. It is one thing to study how society functions, it is another when these people want to play God. I would not live near any of the capitals nor in Geneva. These people will fail. They do not understand what they are unleashing.

Never since World War II have we ever seen such reckless people in power. Every American President since FDR has strived for world peace. Today, all we have is total insanity. This is DELIBERATE – it cannot possibly be because of stupidity. The military swore an oath to defend the country against both foreign and domestic enemies. I think we have people who have seized control of governments worldwide who are both domestic and foreign.

The Oath of Enlistment (for enlisted):

“I, _____, do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; and that I will obey the orders of the President of the United States and the orders of the officers appointed over me, according to regulations and the Uniform Code of Military Justice. So help me God.”

When Nero (54-68AD) died, Rome fell into another civil war. Of the four main generals to issue coins declaring themselves to be Emperor, history warns that the military could split and we will find those supporting the LEFT and RIGHT actually fight for power. Those behind the Biden Administration are completely tearing the country in two and the division that they have created will never be smoothed over.

Even when Commodus was assassinated leaving no heir, once again we see the Roman Empire divide and the military choosing sides. Once more, there were four generals moving for power.

Over the course of the next 10 years into 2032, we will see the United States split. There will emerge a division in the military once they come to actually see that this is no conspiracy theory by Agenda 2030 is in full swing. Even in Canada, Trudeau has openly confirmed that he has committed Canada to Agenda 2030. Of course, he is a Schwab indoctrinated Young Global Leader.

The 2022 Election, Here’s Everything You Need to Know About DC Republicans in 30 Seconds


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

I don’t need to add anything to this.  Page 14 of my unpublished wisdom book says: the space between words is the most important sound you will ever hear when listening to people positioning for influence or affluence.  Learn how to hear what they don’t say, and others will think you are wise beyond imagining.

Hit play and just watch for 30 seconds. Prompted:

NOTE:  James Comer from the state of Kentucky (think Mitch McConnell) was specifically installed by the GOPe as the ranking member of the House Oversight and Govt Affairs Committee (replacing Jim Jordan, June 2020), as a proactive move by the DeceptiCons, for exactly this insurance policy.

If Republicans get the House in the mid-terms, Comer becomes Chairman of the House Oversight Committee.   Do you remember the concept of “Chaff and Countermeasures”?   Fast-n-Furious, IRS targeting, etc.  James Comer is specifically installed to block and wreck any House oversight effort into FBI, DOJ and Biden corruption.  It’s likely Comer has a zipper problem that the Fourth Branch know about.

Senator Ron Johnson – Fox Host M.Bartiromo – Rep James Comer

Senator Tim Kaine Indicates Biden $33 Billion Ukraine Spend Likely to be Packaged with Another $22 Billion COVID Money


Posted originally on the conservative tree house on May 1, 2022 | sundance 

Joe Biden has asked congress for two supplemental spending packages, $33 billion for the Ukraine/NATO money laundering operation (supported by both wings of the DC UniParty), and an additional $22 billion to deal with COVID, ie the money DC will use to send to states for another round of mail-in ballots for the November mid-terms.

Hillary Clinton’s former Vice-Presidential running mate, Virginia Senator Tim Kaine, appeared on CBS Face the Nation to discuss.  As noted by Senator Kaine, the Senate will happily authorize the $33 billion for Ukraine; however, the COVID spending bill will more likely run into resistance from the Republicans in the Senate who want to extract some of their own Wall Street priorities.

The forward-looking solution, as it appears from the Kaine perspective, is for Mitch McConnell and Chuck Schumer to work out a deal where both spending packages are bundled. This approach gives cover to the DeceptiCon wing of the republicans to support the COVID mail-in ballot funding scheme, in order to keep their UniParty proxy war in Ukraine fully funded.  WATCH:

As Biden Asks for $33 Billion, Nancy Pelosi and Adam Schiff Surface in Ukraine Meeting with Volodymyr Zelenskyy


Posted originally on the conservative tree house on May 1, 2022 | sundance 

House Speaker Nancy Pelosi led a quietly organized trip with a small group of senior House Democrats, including Foreign Affairs Committee Chair Gregory Meeks (D-N.Y.), Intelligence Committee Chair Adam Schiff (D-Calif.), and Rules Committee Chair Jim McGovern (D-Mass.) to Ukraine.

The trip comes as Joe Biden is asking congress for an additional $33 billion in aid to fund the government of Volodymyr Zelenskyy, bringing the total U.S. taxpayer laundry operation to around $50 billion.  Pelosi and Schiff likely setting up the mechanics for the distribution of funds to include congressional family indulgency fees, or Fourth Branch brokerage costs.

“Our delegation traveled to Kyiv to send an unmistakable and resounding message to the entire world: America stands firmly with Ukraine,” the group said in a statement. “When we return to the United States, we will do so further informed, deeply inspired and ready to do what is needed to help the Ukrainian people as they defend democracy for their nation and for the world.” (link)

Living in the Past – Stalin v Lenin


Armstrong Economics Blog/Russia Re-Posted Apr 7, 2022 by Martin Armstrong

COMMENT: Hi,
I live in Finland/Helsinki. The Soviet Union attacked Finland in 1939, Stalin was one who arranged a false flag in Manila. A lot of Finnish soldiers and civilians died. But we survived. We Finnish people know Russians extremely well. It is a historical fact that Russians always arrange false flags and try to slave other nations and people. And that is happening just now in Ukraine. Putin attacked Ukraine and he is trying to slave Ukraine.
Best Regards from Finland

JT

REPLY: It is important to not judge a country by its leaders. There are always left and right in every country and no country enjoys 100% approval of its people. Just look at the United States. There are ONLY three presidents who won with 60% or more, FDR 1st term, Johnson following Kennedy’s assassination, and Richard Nixon who promised to end Vietnam. All others won with just a few points over 50%. In the 2008 Election of Obama v McCain score his victory with just 52.9%. Even Lenin warned not to put Stalin in charge.

It is wrong to judge Russia by Stalin and today the powers that be just hate the Russian people and attribute everything to Putin. It is essential to also understand that there is a left and a right in Russia that still prevails today and Putin is a moderate that if ignored by the West, will drive Russia into the hands of the extreme right.

We MUST understand history for there has always been a question of where Russia begins and ends and who constitutes the Russian people. These questions have been debated by Russian thinkers themselves for centuries post-Russian Revolution which ended more than 300 years of tsarist rule. Believe it or not, Putin is NOT trying to resurrect the Soviet Union for that was not even the vision of Lenin – but Stalin.


At first, Lenin was revered as the architect of the new Russia. He was the elder statesman of the Bolshevik revolution. Stalin, on the other hand, was what we would call a Neocon. He was the ambitious party leader with visions of absolute authoritarian control. The two clashed not only over their political vision for Russia but also on a very personal level hurling insults steeped in grudges. It was this battle that actually proved to be too much for Lenin resulting in his premature death.

The conflict between these two Russian leaders reached a climax in the last days of December 1922. This is when 2,000 delegates from all over the former Russian empire gathered together in Moscow to create a new state which would become the Union of Soviet Socialist Republics. The vision of this new state was starkly different between the two men. There were republics of Ukraine, Belarus, and Transcaucasia, which were formally independent of Russia. When Georgy Chicherin, the Soviet Russian commissar for foreign relations, signed the treaty with Germany where each surrendered their claims against the other for war reparations in July 1918, there was a problem of unity. Ukraine and Belarus were independent before 1919 but were then overrun by the Bolsheviks in 1919. They had objected to forgiving Germany.

Ukraine and Belarus took the position that the Russian authorities had no right to speak on behalf of Ukrainian and Belarus. In Georgia, there too they objected insisting that their rights as the members of an independent republic were violated. This is was ultimately set in motion the birth of the final version of the Soviet Union.

It was in August of 1922 when Joseph Stalin created a special commission to recommend a new political model of relations between the communist Party’s Central Committee, Russia and the republics. Stalin’s proposal was called the “autonomization of the republics” whereby the formally independent republics would be incorporated into the Russian Soviet Federation with rights of autonomy. However, the Russian Federation would become the central authority subordinating the formally independent republics. This resulted in a rebellion with the Georgians led the revolt against Stalin’s model. They were joined by the Ukrainians and Belarusians.

This conflict between Lenin’s vision of a union more akin to the United States model and Lenin’s vision of absolute central power resulted in the heated conversation with Feliks Dzerzhinsky, who was the head of the secret police and a supporter of Stalin. Stalin and many of his supporters, such as Ordzhonikidze and Dzerzhinsky, were actually non-Russians. Stalin was Georgian and Dzerzhinsky was actiually Polish. Interestingly, Felix Dzerzhinsky was remembered in St Petersburg on a Commemorative plaque dedicated him.

But the stroke prevented him from taking any decisive steps against them. Two days later, a commission of party officials, led by Stalin, placed strict limitations on Lenin’s activities, effectively isolating him. They said the restrictions were designed to prevent the worsening of Lenin’s health. But they also served a political purpose.

Lenin could not attend the congress and he certainly did not trust Stalin. Consequently, the paralyzed Lenin dictated his famous thoughts on the nationality question in a document he sent to the party leadership. It was a letter titled “On the Question of Nationalities or ‘Autonomization.’” On December 31st, 1922, he attacked Stalin’s policies criticizing the rights provided to the republics by the Union treaty, deeming them inadequate to stop the rise of Great Russian nationalism. Lenin called this threat as “great-power chauvinism.” To Lenin saw these people as non-Russians who he did not trust and feared for the future of the Russian people.

In Lenin believed that Stalin, who was not Russia, posed a major threat to Russia. He viewed Stalin’s dream of the USSR as a threat to the unity of state which he was correct. Lenin’s idea of a union of independent states would be sustained by local autonomy taking into account their local customes. Lenin was prepared to replace the Union he had originally proposed with a looser association of states with the centralized powers to be confined to matters of defense and international relations exclusively. Lenin also maintained that the republics should retain the right of secession to prevent Stalin’s central dominance of authority.

I highly recommend watching the movie Mr. Jones. While this will NOT show the battle between Lenin and Stalin, it will show the ruthlessness of Stalin that Lenin feared. But Stalin was NOT a Russian, but he has tarnish the reputation of all Russians ever since. It is ironic that Stalin was a Georgian, which is in the Caucuses bordering Turkey where they hate Russians for the very oppression of Stalin.

So, as you can see, this is a very complex subject. Putin is not a follower of Stalin wheras other behind him are. So we should be very care what we wish for when it comes to Regime Change. Just maybe they know this as well and want Regime Change to ensure war. Very interesting indeed. We should NOT judge Putin by Stalin or all Russians for that matter. That is the propaganda of the Neocons who are still fighting against Stalin.

Durham Prosecutors Provide Evidence of Clinton Lawyer Michael Sussmann Lying to FBI


Posted originally on the conservative house on April 5, 2022 | Sundance

CTH begins every outline of the ongoing Durham investigation with the following disclaimer:  How is John Durham going to reveal everything that is possible about the deep state Trump targeting operation, and simultaneously handle the involvement of Robert Mueller, Andrew Weissmann and the Special Counsel team who were specifically appointed to cover it up?

The short answer is, Durham can’t.  He’s not allowed to.

Durham can only outline the external participants in the corrupt activity of the U.S. government. No internal participants of government, legislative or executive, are allowed to be investigated.

In the latest court filings against Clinton campaign lawyer Michael Sussmann, the prosecution drops some significant discoveries outlining how the external participants lied to willfully blind FBI officials.  Technofog has all the details:

On September 19, 2016, DNC/Clinton Campaign lawyer Michael Sussmann met with FBI General Counsel James Baker, where Baker was provided with data and “white paper” purporting to show covert communications (since proven to be bogus) between Russian Alfa Bank and the Trump Organization.

Special Counsel John Durham has just provided evidence that the night before – on September 18, 2016 – Sussmann sent Baker this text:

As it turns out, Sussmann was billing the Clinton Campaign for his work on the Alfa Bank hoax. This text from Sussmann to Baker is damning for Sussmann’s case, proving Sussmann’s efforts at deceiving a top official at the FBI about his clients, and demonstrating how Sussmann tried to convince Baker he was there to supposedly do the right thing. (read more)

This 2016 meeting between Sussmann and FBI Counsel James Baker took place in the lead up to the FBI and DOJ filing for the FISA warrant against the Trump campaign through Carter Page in October.  Sussmann has legal exposure for his lying to the FBI about the purposes of the manipulated information that came from Rodney Joffe (Tech Executive-1 in the Sussmann indictment).   As Technofog notes, Joffe also has legal exposure, however, he has not yet been charged.

While Sussmann was pushing fraudulent information into the open hands of the FBI, another Clinton campaign contractor, Fusion GPS, was pushing similarly constructed fraudulent information -including the Christopher Steele dossier- into the media, DOJ (Bruce Ohr) and FBI.

At the same time (September 2016), CIA Director John Brennan was briefing Barack Obama about the intentions of the Clinton campaign, and feeding information to Gang of Eight member Senate Majority Leader, Harry Reid (now dead).  Harry Reid was using his position in the Senate to weaponize the Senate Select Committee on Intelligence who became an active participant in the overall attacks against candidate Donald Trump.

After they failed to defeat Trump in the November 2016, election, all of the participants in the scheme shifted the focus of the Trump-Russia construct from defeating Trump to now removing Trump from office.

The SSCI retained their critical role as newly installed Vice-Chairman Mark Warner worked closely with the FBI to get a special counsel appointed.   The Special Counsel, Robert Mueller and Andrew Weissmann, would then be used to take over the DOJ for two years and protect all of the participants.

During a period in February, March and April of 2017, the DOJ became less useful for the operations against Trump, as various DOJ officials from the Obama team exited Main Justice.  The legislative branch, specifically the Senate Intelligence Committee, desperate to keep the attack against Trump in place, worked almost exclusively with the FBI team, Deputy Comey, Asst. Deputy McCabe and FBI Counsel James Baker during this phase.

It was during February and early March when FBI Director James Comey was falsely telling President Trump he was not under FBI investigation.  However, despite Comey’s statements to Trump, the FBI Director would not make those statements public, because they were not true.  Comey was manipulating Trump to retain the false premise underlying the investigation.

In early March 2017, the Democrats in the legislative branch were desperate to get a special counsel installed who would assist them in hiding all of the activity that took place prior.  The collective effort was to flood the media with speculation, rumors and innuendo that Donald Trump was under FBI investigation.  This collaborative effort between the SSCI, FBI and media would ultimately help the goal of getting a special counsel appointed.

On March 17, 2017, SSCI Vice-Chairman Mark Warner asked the FBI for a copy of the FISA application used against the Trump campaign, with the intent to leak it to the media (James Wolfe to Ali Watkins).

Warner could not ask the DOJ, because by that time Jeff Sessions was in place (recused March 2nd), and Acting Deputy AG Dana Boente was not considered as strong for the SSCI/FBI intents of the Trump removal effort.

FBI Director James Comey was schedule to testify to the House Intelligence Committee on March 20, 2017, where he would make the first public statement about President Donald Trump being under an active investigation.

Mark Warner coordinated with FBI leadership (Comey, McCabe) to receive the FISA application, so that he could leak it to the media in support of a push for the special counsel appointment.  The March 17th leak of the FISA application was timed to support the testimony by Comey a few days later on March 20th.

During this critical phase, Main Justice (Sessions, Boente, et al) was carved out of the political planning effort, and the SSCI worked directly with the FBI.

James Comey gave his testimony (3/20/17), SSCI Security Director James Wolfe did as he was told and leaked the FISA application (3/17/20), and with major stories of Trump now officially under investigation in the public – and all of the manipulated evidence (including an unredacted version of the FISA application) now in the media vaults for exploitation – the piranha pool was full of blood and the media frenzy began.

As soon as Rod Rosenstein was confirmed as Deputy AG (early April), and with Jeff Sessions purposefully recused from anything Trump-Russia, the FBI shifted slightly and began the pressure campaign toward Main Justice to appoint the special counsel.   The SSCI and FBI worked together to generate additional leaks to the media to get Robert Mueller appointed.

All of that internal activity is what John Durham is not permitted to look at, or else his investigation will be shut down.  Hence the disclaimer “How is John Durham going to reveal everything that is possible about the deep state Trump targeting operation, and simultaneously handle the involvement of Robert Mueller, Andrew Weissmann and the Special Counsel team who were specifically appointed to cover it up?”  The short answer is, he won’t.

Bill Barr was the Bondo…  John Durham is the spray paint.

The corrupt and weaponized DOJ, FBI and SSCI government institutions remain unfazed.

That’s the rub.

{Support CTH Research Here}

Should we Cheer for Putin to Lose?


Armstrong Economics Blog/Russia Re-Posted Mar 24, 2022 by Martin Armstrong

While the Neocon strategy of DEMONIZING an adversary as they have done to Putin, the very same strategy was used to get people to absolutely hate Donald Trump. The more someone hates Trump still, the more susceptible they are to simple techniques of mind manipulation. This has led many to cheer for the Ukrainians to defeat Russians and we have the White House calling Putin a War Criminal when you could say the same thing about the US leaders that started the endless saga of wars on false pretenses or took out civils with drones when they wrongly thought they were terrorists.

The White House appears to be under the influence of the Neocons who just always advocate war. Make no mistake about it, these Neocons are not confined to just the Democrats or Republicans. They share a love for war and the hatred of everyone they perceive to be an enemy. It’s tempting to think that Putin will suffer a defeat and democracy could revive in Russia, but a more likely scenario is total world chaos. Russia is also comprised of Muslims who number about 14 million or roughly 10% of the total population. Then there are different cultures and you will see internal chaos and separatist movements armed with nukes.

Putin is not a fool and he is actually honoring his word. He is not trying to conquer Ukraine. His column of tanks had stopped as a show of force and intimidation. He has not ordered just total annihilation. The US strategy is we go in and flatten everything targeting water and power grid. Put took the power station but did not turn off the power. The West portrays this as Putin is stalled and the Ukrainians could defeat the Russians. But this seems to be propaganda all designed to wear down the moral of the Russian troops and sway public opinion for Ukraine.

While the press also portrays that Putin’s nation has now been subjected to an isolation greater than any nation has ever experienced by any major power in history, it was US sanctions to cut off the fuel to Japan that caused them to attack Pearl Harbor. There were later even Congressional investigations into FDR and did he deliberately try to create a situation to get the USA into World War II. Congress simply said the allegations were inconclusive.

Since late February, Russia has been hit with punishing economic, trade and financial sanctions. Putin struck back and said all energy sales to unfriendly nations will now be in Rubles. Saudi Arabia also agreed with China to sell oil in Yuan. These are historically critical events that have torn the world economy asunder. There will NEVER BE A RETURN TO NORMAL.

So while the Western Press cheers and reports that Russia is careering toward a debt default, they forget that the default will be on the West. A very rapid technological decoupling is also underway dividing the world economy and that will threaten free trade and the end of economic growth. Indeed, US GDP Growth rate peaked in real terms.

The mass withdrawal of American firms from Russia will have a profoundly negative impact moving forward and the world economy is shrinking rapidly. Russia isn’t some weak power like Iraq. Russia is a major power whose population was, until recently, deeply connected to its larger global environment. The White House thinks that Russians will blame Putin rather than Biden. Eastern European states like Serbia and in the Middle East are looking at the United States as the problem being arrogant and interfering in everyone else’s affairs. It is without question that the United States has declare war on Russia. This is how World War II began with countries attacking one another in the financial markets.

So while the Neocons lick their lips at the thought of overturning Putin and controlling Russia before they turn on China, they are clearly not looking long-term. They took out Saddam Hussein who kept the religious zealots in their place. Once he was removed, the Middle East saw the rise of ISIS. The US has been covertly funding the Ukrainian Nazis to keep up their fight against Donbass.

Let us may no mistake here. The Neocons pushed and funded through the CIS the Taliban for then they were the anti-Soviet resistance. The CIA Special Activities Division sent paramilitary officers to equip the Mujihadeen forces against the Soviet Army. The US therefore funded Taliban mainly to assist in ending the Soviet’s occupation in Afghanistan. However, the Neocons can never think past the end of their nose. They have no long-term strategies, only win what is immediately in front of them. The taliban benefited from expanded foreign military support from the United States. They then used that training against US troops who were in search of terrorists from 911.

The foolish view among the Neocons is they think bringing Democracy to the Middle East or now to Russia and China will somehow make them friends or stable is an absolute joke. The idea of creating a “Moscow Spring” by punishing the Russian people until they do what the CIS and Neocons demand does not make the costs of conflict lead worth it. Marx brought his ideas and it cost over 200 million lives to install communism. America is hated for its interference by the Neocons in many circles.

Both China and Russia have American arrogance as a common enemy and the Russian or Chinese people will not send them flowers and Xmas cards thanking them for destroy everything they have built since 1989. However, RELIABLE sources in the Middle East, the UAE, Egypt and even Israel are angry over Biden’s sanctions. Yet the Neocons claim that total isolation forced regime change in South Africa. However, they also had no military power to fight back. That is like claiming a fight is fair with one kid has a rubber band and the other a baseball bat.

Somebody in Washington needs to start thinking strategically and realistically about this endeavor to isolate Russia for all that is unfolding at a rapid rate is the disintegration of the world economy. In 1989, then President George H.W. Bush understood there were serious risks with the collapse of the Soviet Union and Communism. Russia is big and powerful enough that its role in the world economy is vital to the overall health of the international order . The US NEEDS Russia as an economic friend not and adversary for nobody will win with that result.

The Western propaganda is that Russia and China represent authoritarian rule. However, Western governments are no better. Sure, we have elections but then the candidate arrives in Washington and they are told they will vote according to the Party Agenda rendering the image of free elections only just that. In Europe, the people do not vote for the Commission which makes the laws nor for the head of state. We do not live in a Democracy for the people never are allowed to vote on an issue like war or peace.

The likelihood of Putin being overthrown and Democracy is sudden born has less than a zero change of ever being correct.

It’s Not Just Energy – It’s Also Metals


Armstrong Economics Blog/Base Metals Re-Posted Mar 24, 2022 by Martin Armstrong

The outrageous sanctions imposed by Biden on Russia has undermined the entire world economy. Sanctions have never worked and this time they were designed to try to hurt the Russian people so profoundly that they would overthrow Putin. The Ukrainians are even naming Alexander Bortnikov, the Russian Director of the Federal Security Service and a member of Putin’s inner circle, as a successor to the president. Bortnikov has come out and said that Stalin’s Great Purge was necessary whereas Putin rejected Lenin. Be careful what you wish for, as they say.

Stickers are showing up plastered all over gasoline pumps throughout the USA despite Biden trying to blame Putin for his the disruption to the world economy. The US had no national security issue at risk with either Crimea nor DonBass. The Neocons just hate Putin and have used Ukraine as a proxy war toy to get at Putin. Even in Poland the government is pushing for war. Europe desperately needs war for 8.6 years of NEGATIVE interest rates has wiped out pension funds. NY banks will no longer lend against European sovereign debt. They cannot fund the governments any longer and the central bank cannot buy their debt endlessly. The only solution that they see is to default under the pretense of the Great Reset so they NEED war as the diversion with a new Bretton Woods.

But Biden’s sanctions have gone far beyond just energy. Nickel is a vital for it is the largest component in stainless steel production. Alloy steel is also called special steel. Nickel can increase the strength of the alloy and maintain its good plasticity and toughness. Then nickel is also used in the field of batteries, mainly nickel-hydrogen batteries, chromium-nickel batteries, and nickel-manganese batteries. Lastly, very fine nickel powder is often used as a catalyst in the chemical industry. Hence, nickel is vital and it goes beyond just the coins in your pocket which at these prices will be worth more in metal content soon enough.

Yet these sanctions that Biden swore would target only Russia, have disrupted the entire world and not just energy. Tsingshan Holding Group is a major producer of Nickel and it sold hedging position forward to secure its production. But prices doubled thanks to Biden and Tsingshan tried to buy back its hedging positions and that has set off a collapse of the Nickel market in London. Nickel was already breaking out thanks to COVID restrictions. Then the Biden Russian sanctions were insane and you can see the drastic price rally as Tsingshan tried to buy back its hedge.

Nickel prices began to soar after Biden’s sanction on Russia. The rally became a crisis for the LME as producers such as Tsingshan’s brokers desperately tried to buy those nickel contracts back causing a near 70% rise in a single session to stem losses and avoid escalating margin calls. The trading became erradic as brokers kept trying to cover short hedged positions. Hedge funds and other participants were frantically buying nickel, which only propelled the market even higher. Nickel prices had more than doubled reaching more than $100,000 a metric ton.

The LME was sent into crisis. Several smaller brokers were saying they would default at the 9 a.m. margin call if prices stayed at those levels. The LME was forced to suspend the market shortly after 8 a.m. local time or suffer a catastropiuc collapse of the exchange. The brokers could not meet the expected margin calls. Thus, the LME adopted the drastic step of canceling trades that took place before the suspension. They is said to have wiped out $3.9 billion in transactions. Of course, the hedge funds were furious for they were looking a huge unrealized profits. Because of the sudden price shock, the LME had no choice but to suspend trading in hopes that the brokers would collect the funds from their clients. However, the decision to wipe out trades that took place in a free market in good faith is really unprecedented and has shaken the confidence in free markets.

It may be true that the suspension and the canceled trades to settle the catastrophic damage to the free markets created by the Biden sanctions has prevented a near-term collapse of the LME. However, failing to do so may have brought down the entire exchange ending the market where producers can hedge forward.

Tsingshan still owes its brokers, which included JPMorgan, Standard Chartered and BNP as well as a unit of state-owned China Construction Bank Corp. The demand for cash to settle margin calls for a hedger who has sold future production presents a serious crisis. There are serious questions being raised if the price seen in this spike truly reflects the shortage in the supply or just an aberition created by a short-term panic.

Ironically, it was the great expanse of China’s economy which drove Nickel to $54200 a metric ton back in 2007. Nevertheless, where our computer has been bullish on Nickel and it elected even the third Quarterly Bullish Reversal at the end of the 3rd quarter 2021. There was no way the market was heading lower. Clearly, those in charge of hedging were calling the shots from an opinion perspective – not quantitative. For early 2021, Tsingshan began to accumulate a short position. It made statements on its website reflecting its view that the Nickel market was flush and prices should decline. Tsingshan’s short hedge position was equivalent to having sold about 190,000 metric tons on the LME. That would be worth $9.1 billion based on closing prices.

The forecasting view of Tsingshan regarding Nickel is just unfounded. Our model showed that we would start to see a rise in 2022 in price volatility but this is continuing into 2024. The price high may not arrive until 2023 and we may be looking at a new record. This is just another domino in the future of the world economy that just fell over. These Biden Sanctions are not going to be reversed and the pride of politicians is now threatening the entire world economy.

You have not made any comment about the LME Nickel market. In my opinion, this is onether chip of the domino falling which comes to confirm that the collapse of the West is in motion. The loss at Tsingshan is said to be about $8 billion. I have been called in to similar crisis where major corporations have lost billions due to improper hedging. This amount is staggering and clearly reflects that the firm has totally incompetent people in charge of hedging who may be listening to bankers and fundamentals rather than the markets.

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.