Russian Oil Boycott Fails


Armstring Economics Blog/Energy Re-Posted Jun 15, 2022 by Martin Armstrong

The West thought they’d cripple Russia’s economy when they stopped buying Russian oil. Gas prices in the West are on the rise and at unsustainable levels. Meanwhile, Putin is having the last laugh as he is now selling more oil at a higher price point.

In April, Russian oil exports rose by 620,000 b/d to 8.1 million b/d. India (+730,000 b/d) and Turkey (+180,000 b/d) helped to offset the international embargo, while the EU remained the largest importer despite a sharp reduction in shipments. The IEA reported that Russian oil exports rose over 50% YoY during the first four months of the year.

Oil jumped in price last week from $92 per barrel to $122. Gas in the US was $2.10 under Trump. Biden took office and prices rose to $2.37 within the first two months due to a series of decisions that prevented America from remaining energy independent. Before Russia even invaded, gas reached $3.51 per gallon, and now the national average is surpassing $5.00. The boycott has completely backfired on the West and has helped strengthen the Russian economy.

Democrats May Not Endorse Biden in 2024


Armstrong Economics Blog/Politics Re-Posted Jun 15, 2022 by Martin Armstrong

The Democrats may not back Biden for reelection in 2024. They do not particularly care that he is destroying the country, but his record-low approval rating is bad for the party at large. Over the weekend, Rep. Alexandria Ocasio-Cortez (AOC) all but admitted that the Democrats are not eager to support Biden running for a second term. AOC said the primary goal is to secure the majority at the moment.

“We’ll cross that bridge when we get to it,” AOC told a reporter at CNN, “But I think if the president has a vision, then that’s something we’re all certainly willing to entertain and examine when the time comes.” AOC, who backed Bernie over Biden during the last election, said she believes the president has been doing “a very good job so far.” Yet, she refused to give a definitive answer.

A recent New York Times article revealed that at least 50 party members are vocally frustrated with the current administration.  “Midway through the 2022 primary season, many Democratic lawmakers and party officials are venting their frustrations with President Biden’s struggle to advance the bulk of his agenda, doubting his ability to rescue the party from a predicted midterm trouncing and increasingly viewing him as an anchor that should be cut loose in 2024,” the article noted.

The midterm elections will reveal whether the nation is beginning to lean to the right and likely will determine the possibility of the Democrats endorsing Biden in the next presidential election.

Economic Security is National Security, and the Foundation of Economic and National Security is Energy Policy, Biden is a Threat to National Security


Posted originally on the Conservative house on June 14, 2022 | Sundance

Economic security is the foundation of national security.  When the government takes action that destabilizes our economy, every element of national security is put at risk.  We are experiencing that right now as we suffer through Joe Biden’s intentionally flawed energy policy that is destroying the U.S. economy and everyone within it.

“It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who gain by the new ones.”

~ Niccolo Machiavelli

Never has that Machiavelli quote been more apropos than when considering the MAGA movement and the rise of Donald Trump.

Thankfully, we are now in an era when the largest coalition of American voters have awakened to the reality that, to quote the former president: “Economic Security is National Security.”

As we live through the economic mess of a Biden administration hell bent on eroding the middle class of the United States, there are numerous pundits contemplating 2024 Republican presidential candidates other than Donald Trump; consider this group the lukewarm defenders Machiavelli noted.

At the same time the leftist coalition, writ large, are apoplectic about the base of the Republican Party now belonging to Donald Trump.  This group consists of those affluent Wall Street agents and politicians set on retaining the profits derived from decades of institutional objectives.

Institutional Democrats hate Trump, and institutional Republicans are lukewarm, at best, in defending Trump.  Both wings of the DC UniParty fear Trump.  Extreme efforts at control are a reaction to fear.  In this outline, I rise to explain why Donald Trump is the only option for the America First MAGA coalition; and I make my case not on supposition, but on empirical reference points that most should understand.

Everything, is about the economics of it.

If you accept that at its essential core elements the phrase “economic security is national security” is true – meaning the lives of the American citizen, person, worker, individual or family are best when their economic position is secure – then any potential leader for our nation must be able to initiate policies that directly touch the economics of a person’s life, liberty and the pursuit of happiness.  As a result, economic security and economic policy must be the fulcrum of their platform.

Now, look around and ask yourself this question: “What separated Donald J. Trump from the remaining field of 17 GOP candidates in 2016?”   An honest top-line answer would be immigration (border control), and his views on American economic policy.   In essence, what set Donald Trump apart from all other candidates was his view on the U.S. economy, and that was the driving factor behind ‘Make America Great Again’, MAGA.

Now, look around.  Look at every other potential candidate for political office. Is there another person in the field of your political view who comes from the starting point that economic security is national security?

Put aside all other issues and shiny things that may change from moment to moment as the political winds swirl and settle, and ask yourself that question.  Who can deliver MAGA, if not the central person who lives, eats, sleeps and thinks about U.S. economic security from every angle at every second of every hour of every day.  That’s Donald J. Trump.

Trump knows the extremely consequential sequence of BIG things that lead to a structurally strong American economic foundation.

We don’t have to guess at whether Trump can deliver on that policy sequence, we have reference points.

♦ Donald Trump knew that independent U.S. energy policy was a condition for a strong U.S. economy. He also knew there would be negative consequences to allies and partners if the U.S. energy policy was independent.  Trump knew that OPEC nations in general would be negatively impacted, and he knew that Saudi Arabia specifically would be weakened geopolitically.   That is why the very first foreign trip by Donald Trump was to Saudi Arabia and the Gulf States that make up the majority of OPEC.

Look at what President Trump did on that trip.  First, he assured Saudi Arabia that the United States would stand with the Gulf Cooperation Council and Mid-East nations as it pertained to their security.  Trump knew making the largest energy consuming nation independent from foreign oil would be adverse to the economic stability of the Mid-East, and as an outcome, could open a door to destabilization from extremist or ideological groups therein.

Take away top-line economic revenue from Saudi et al, and the leaders of those oil economies have a more difficult time remaining stable and controlling unrest and extremism.  Generations of Arab citizens know nothing other than the trickle down benefits of oil exports.  President Trump knew this, and he approached our need for energy independence by first assuring the Arab states of his commitment to their stability and safety.

President Trump delivered to those states a list of approved arms and defense agreements during that trip.  In essence, what he was doing was putting the promise of security into actual delivery of tools to retain that security.  Actions speak louder than words.  President Trump also promised to work diligently on peace in the region; a real substantive and genuine peace that would provide security in the big picture.

Over the course of the next few years, Trump delivered on that set of promises with the Abraham Accords.   Yes, economic security as national security applies to our allies as well as ourselves.  Again, actions speak louder than words.

With the U.S. energy independence program in place, President Trump then moved in sequence to the next big thing.

♦ Donald Trump moved to face the challenge of China.   A major shift in U.S. policy that is likely considered the biggest geopolitical shift in the last 75 years.  Trump strategically began with Trade Authority 302 national security Steel and Aluminum tariffs at 25% and 10% not only toward China but targeted globally.

The entire multinational system was stunned at the bold step with tariffs.   But remember, before Trump went to Saudi Arabia, he held a meeting with Chairman Xi Jinping in Mar-a-Lago.  The global trade world was shocked by the tariff announcement, but I’ll bet you a doughnut Chairman Xi was not.

That February 2017 meeting, only one month after his inauguration, was President Trump graciously informing Chairman Xi, in the polite manner that respectful business people do, that a new era in the U.S-China relationship was about to begin.  New trade agreements, new terms and conditions were to be expected in the future.  The tariff announcement hit Wall Street hard, but not Beijing – who knew it was likely.

U.S. financial pundits proclaimed the sky was surely falling.  These tariffs would cause prices to skyrocket, the global order of all things around trade was under attack by Trump.  They waxed and shouted about supply chains being complicated and intertwined amid the modern manufacturing era that was too complex for President Trump to understand with such a heavy handed tariff hammer.   Remember all of that?  Remember how cars were going to cost thousands more, and beer kegs would forever be lost because the orange man had just triggered steel and aluminum tariffs?

Did any of that happen?  No. Of course it didn’t. Actually, the opposite was true and no one could even fathom it.  Communist China first responded by subsidizing all of their industries targeted by the tariffs with free energy and raw materials, etc.  China triggered an immediate reaction to lower their own prices to offset tariffs.  Beijing did not want the heavy industries and factories to start back up again in the U.S, so they reacted with measures to negate the tariff impact.

China’s economy started to feel the pressure and panda was not happy.  Eventually, as the tariffs expanded beyond Steel and Aluminum to other specific segments and categories, China devalued their currency to lower costs even further for U.S. importers.  The net result was something no one could have imagined.  With lower prices, and increased dollar strength, we began importing all Chinese products at cheaper rates than before the tariffs were triggered.  Yes, we began importing deflation.  No one saw that coming…. but Trump did.

While all that initial U.S-China trade shock was taking place, Donald Trump took his next foreign trip to… wait for it…. Southeast Asia.

Just like in the example of the trip to Saudi Arabia, economically-minded Trump told partners and leaders in the export producing countries of Japan, Malaysia, South Korea, Vietnam, Philippines, Singapore, Thailand and ASEAN nations to prepare for additional business and new trade agreements with the U.S., as factories inside China might start to decouple.   Look at how they responded, they did exactly what Trump said would be in their best interests.

To seriously gather the focus of this SE Asia group, President Trump started direct talks with North Korea and Chairman Kim Jong-un for peace and regional stability.  It’s easy to forget just how stunning this was at the time, but generations of people in Asia were jaw-agape at the U.S. President confronting China, engaging with North Korea, and opening his arms to new trade deals with ASEAN partners.

On the world stage of geopolitics and global trade, any one of these moves would be a monumental legacy initiative all by itself.  But together, simultaneously, you can see how the entire continent physically stopped midstride and stood staring at this, this man, this American President, who was just about to step across the Demilitarized Zone in North Korea and shake hands with Chairman Kim…. and, wait for it…. they are smiling.

√ Energy security triggered and friends in Mid-East supported.

√ Mid-East peace initiatives triggered.

√ A return of heavy industry and manufacturing security triggered.

√ A confrontation of Chinese economic influence triggered.

√ Stability between South Korea and North Korea, triggered.

√ New trade deals and economic partnerships with Japan and South Korea, triggered.

And then, as if that was not enough… just as multinational investment groups started realizing they needed to change their outlooks and drop the decades long view of the U.S. as a “service driven economy”… just as they realized they needed to start investing domestically inside the United States for their own growth and financial security… as if all that wasn’t enough… President Trump kicks off an entirely new trade deal and renegotiated standard for all North American trade via NAFTA.

We don’t have to guess at whether Donald Trump can put together a program to ensure Economic Security is National Security.  We don’t have to guess at whether Donald Trump can deliver on economic policy.  We don’t have guess if Trump’s policy platform, proposals and initiatives would be successful.  We have the experience of it.  We have the results of it.  We have felt the success of it.

We also don’t need to guess at who is the best candidate to lead Making America Great Again, we already know who that is.

There is no other 2024 Presidential Candidate, who I am aware of, who could possibly achieve what Donald John Trump has achieved, or who could even fathom contemplating how to achieve a quarter of what President Trump achieved.

Governor Ron DeSantis has a lot of really good skills and policies on the domestic front unique to his position in Florida; however, it is not a slight toward him to point out he has never expressed any larger economic proposal that would give any confidence in a national economic policy.

Look at the sum total of it, and there’s so much more that could be outlined to what Donald Trump achieved and could yet still achieve, it’s not even a close question.

And that my friends is exactly why Donald Trump is under relentless attack from both wings of the UniParty in DC.  Additionally, it is clear the Wall Street Republicans are trying to position Ron DeSantis as an alternative to another Trump term.  Look carefully at the current advocates for DeSantis, Nikki Haley and/or Kristi Noem, and you will note every one of those early voices are attached to favorable Wall Street politics and multinational corporate advocacy.

Look at what Donald J. Trump was able to achieve while he was under constant political attack.  Just imagine what Trump 2.0 would deliver.

They, the leftist Democrats and Wall Street Republicans, are yet again absolutely petrified of that.

Biden Heading to Israel and Saudi Arabia July 13th through 16th, Will Meet With Gulf Cooperation Council During Trip


Posted originally on the conservative tree house on June 14, 2022 | Sundance

The people who control Joe Biden held a background call today announcing details of the upcoming trip by Joe Biden to the middle-east.   The trip will start in Israel where Biden will meet Israeli leaders and Palestinian Authority leader Abbas.

White House – […] In meetings with Israeli leaders, the President will reaffirm the ironclad U.S. commitment to Israel’s security and new areas of deepening cooperation in technology, climate, commerce, trade, and other sectors.

[…] The President will also visit the West Bank to meet with President Mahmoud Abbas and other Palestinian leaders.  The President, of course, has known Abbas for decades, and he looks forward to reaffirming his lifelong commitment to a two-state solution and to discuss the ways in which we might rekindle a new political horizon that can ensure equal measures of freedom, security, prosperity, and dignity to Israelis and Palestinians alike. 

[…] Following the visits to Israel and the West Bank, the President will fly directly from Israel to Jeddah, Saudi Arabia, where he will participate in a summit of the Gulf Cooperation — GCC+3 — the GCC+3 — so the leaders of Saudi Arabia, Kuwait, Oman, UAE, Bahrain, and Qatar, plus Iraq, Jordan, and Egypt. The President will also hold bilateral meetings with the Saudi hosts and other counterparts. 

We are grateful that Saudi Arabia, which holds the rotating presidency of the GCC in 2022, will host this important summit bringing together nine heads of state from across the region to meet the President at the invitation of King Salman. 

[…] From the earliest days of our administration, we made clear that U.S. policy demanded recalibration in relations with this important country but not a rupture.  And that is because we have important interests interwoven with Saudi Arabia, and engagement is essential to protecting and advancing those interests on behalf of the American people. 

Saudi Arabia has been a strategic partner of the United States for nearly 80 years, and the President considers Riyadh an important partner on a host of regional and global priorities that we are working on.   (read more)

The J6 Committee in Context


Posted originally on the conservative tree house on June 13, 2022 

The United States government illegally intercepts the private electronic communication of every American including emails, text messages, phone calls and social media content postings and comments.  The NSA unlawfully secures that library of data in order to maintain an electronic record uniquely identifying every American in a searchable database.

The government unlawfully allows the database to be searched for domestic threats as defined by the U.S. Dept of Homeland Security, the Dept of Justice and the FBI.  By mutually beneficial arrangement, access portals to search the NSA/FBI database are included as workspaces inside the law offices of Perkins Coie, the legal firm representing the Democrat National Committee….

…. And the J6 Committee wants us to worry about something they call “a threat to our democracy.”

Additionally, do you really think the Republican wing of the DC apparatus want to be responsible to voters for dismantling the national surveillance state?

[…] “The FBI complies with the law and security policies and works with the Department of Justice to serve classified, Court-authorized legal process necessary to support national security investigations. In certain instances, the FBI coordinates with non-government, third-party entities, such as law firms, that represent service providers which receive these classified Court orders,” an FBI spokesperson told Fox News Digital in a statement. 

“This includes providing access to private attorneys which represent the service providers in satisfaction of their legal rights. As part of this, the FBI ensures that any storage of classified orders meets stringent security protocols required for such documents.” (LINK)

Sure, let’s worry about the J6 protestors as a ‘threat to our democracy’, or something.

{GO DEEP HERE}

Sebastian Gorka FULL SHOW: J6 Committee: Did Pence usurp President Trump?


AMERICA First with Sebastian Gorka  Published originally on Rumble on June 10, 2022

Sebastian gives his take on the Democrats’ “primetime” January 6th hearing, with special guests Julie Kelly, Boris Epshteyn, Jim Carafano, and Michael Knowles.

Tune in to America First with Sebastian Gorka, Weekdays 3PM-6PM EST.
Subscribe to the America First podcast on iTunes: https://podcasts.apple.com/us/podcast/america-first-with-sebastian-gorka-podcast/id1451874289

China ‘wants quick resolution’ to Ukraine conflict


By Reuters  Published originally on Rumble on June 11, 2022 

Singapore’s defense minister Ng Eng Hen, speaking on the sidelines of the Shangri-La Dialogue on Saturday (June 11), told media that China wants a quick and peaceful resolution to Russia’s ongoing military conflict in Ukraine.

The Oldest Congress in US History


Armstrong Economics Blog/Politics Re-Posted Jun 13, 2022 by Martin Armstrong

The 117th Congress is the oldest in American history. Former President Trump attempted to enact term limits. However, he failed to gain the two-thirds majority in either chamber needed to amend the Constitution. Joe Biden is the oldest president in history and will be 82 by the time his first, hopefully only, term ends in 2024. Biden and many other career politicians have spent the majority of their lives in power. Yet, they have made no improvements to our society. There are countless examples showing Biden’s cognitive decline due to age or possible dementia that can no longer be ignored.

The Silent Generation (1928-1945) represents 12.4% of Congress. The vast majority falls in the Boomer generation (1946-1964), representing 56.3% of Congress. In comparison, the Boomer generation represents only 23.7% of the US population. Nancy Pelosi, third in line for the presidency, is already at the ripe age of 82. She was born during World War II and grew up in a completely different version of America.

As a reminder, the average age of retirement in the US is 62. Once these politicians taste power, they will never relinquish it willingly. There are no checks and balances to ensure that these lawmakers stay up to date with the current trends or concerns of the people. I would not be surprised if numerous members of Congress were unable to use a computer.

These lawmakers do not represent the people. They are of a different generation and world, and their outdated policies reflect this well. They are making decisions for the future of a nation that they will not live to see.

Brandon’s 10 Most Honest Lies So Far…


By Awaken With JP  Published Originally on Rumble on June 11, 2022

Biden has had an incredible presidency up to this point. Here’s President Biden’s 10 most honest lies so far!

Biden Pushing To Lower Ocean Shipping Costs, Fight Inflation


By Newsy  Published on Rumble on June 10, 2022 

“There’s only nine shipping companies, nine, N-I-N-E, major ocean line shipping companies who ship from Asia to the United States,” Pres. Biden said.

Note from Centinel: As with everything Brandon claims the shipping costs have gone up, but not because of the shipping companies but because of the policies of the U.S government under the current occupant of the White house. That stated with the lock down’s and the forced reduction of gasoline and diesel fuel on day one of Brandon’s four year term of office. The resulting bottle necks at the ports cause the ships to wait for weeks to get in to be unloaded and additional weeks for the trucks to get loaded so the good could be delivered. Once that process started it only grew worse as government is not capable of fixing problems that they have created, especially when the policies were intentional.