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


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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Why Does the ECM Work On So Many Things?


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

COMMENT #1: Hi Martin, corn also turned nicely on the ECM:

JB

COMMENT #2: Hello Marty, I just want to point out that the Japanese yen broke really hard on the 10th. Not sure if this will prove to be a precursor of what is to come.

Thanks from Tokyo, your old home ground.

AS

COMMENT #3: Well the ECM also marked the reversal in trend in the 30-year bond. It peaked at 134 and fell to 130 by the end of the week. That was just remarkable.

Colin

COMMENT #4: Martin; is this chart real that people are sending around claiming it was Benner’s work?

Mat

ANSWER: As far as this chart of Brenner’s Cycle being real, the answer is no Someone has made it up and signed his name. They have at least extended his cycle correctly. The last time someone tried that they skewed the cycle to make it look like it forecast the Depression 1932 low.

When the WSJ published it, it showed 1932 instead of 1931. Brenner did not extend this out in this manner. What is important to understand is that Brenner was a farmer and farmers understand the cycles in nature. Economists and governments pretend they can smooth out the cycle and eliminate the booms and busts.

The business cycle always wins as both former chairmen of the Federal Reserve conceded – Arthur Burns and Paul Volcker.

Back during the 19th century when Brenner was observing the business cycle, it was still based on commodities. Kondratieff took the same data. I believe the reason WHY the Economic Confidence Model has been so accurate is that it was based on a list of Panics – not one sector of the economy. Therefore, the ECM incorporates weather as Brenner and Kondratieff did by using the commodity sector. Yet just that the ECM was derived from financial panics, it was not based on any one specific type so it strangely seems to have incorporated the whole gambit.

Furthermore, all previous cyclical analysis was based on just a single market like stocks. They have failed because they could not account for the external influence of a contagion. The fact that this list began with the Turks’ siege of Vienna, means that the list was also influenced by war and from an international perspective.

This is a fascinating subject that I will explore in far more detail in my coming book.

IMF New Currency on ECM April 10th


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

COMMENT #1: On April 10th the IMF released UNICOIN, est Voila! Zee beginning of zee end?

Lawrence

COMMENT #2: Marty, the ECM target was way too much. The Pentagon Papers was one thing, but precisely April 10th is when the IMF announced its new currency to dominate the world. Your ECM is just incredible. Why so many things of great importance take place on this model is proof that there is a hidden order behind everything.

TJ

COMMENT #3: Marty, As you know, I was there at your 1987 conference for the Crash which was caused by the G5 manipulation of the currency that began in 1985. That culminated in the collapse of communism and the Japanese crash of 1989. Here we have once again the IMF announcing on the very day of the ECM April 10th, that they are releasing their new currency to replace the dollar. This looks like it will impact the entire world economy and the war you have been warning about post-2024.

I don’t know how this model works even to the precise day. It is easy to see why they tried to kill you thinking it was just your opinion and influence. They refuse to consider that perhaps there is something much more at stake than anyone’s opinion.

Thank you for this eye-opening discovery.

EK

REPLY: I do not know why this will work to the price day in wave after wave. Even the 2007 target was the very day of the crash in the mortgage-backed market. They were calling it Armstrong’s Revenge on the floor. They locked me up but it still was working as scheduled proving it was never my “influence” that they were so convinced about. There is something there, and it is about time we acknowledge it.

The government was furious when the New Yorker wrote about this model and called it the Secret Cycle. I believe that caused the journalist a lot of trouble. If there is a hidden order, that means the government cannot manipulate society as it thinks it can. This is why we are headed into 2032. They are fighting for their survival. They are pushing for digital currency, will terminate all paper money, and then you will see that they will restrict us from buying or selling anything they do not approve

Welcome to the 21st century of Economic Slavery. This is also the Third Millennium of the Anno Domini or Common Era in the Gregorian calendar spanning the years 2001 to 3000 (21st to 30th centuries).  As I have warned, reactions are always TWO or THREE units of TIME and everything is FRACTAL. We are in the same position on a grand scale as April 10th, which was 2.15 years into this cycle. We are approaching the 2150 years target and our republican forms of government globally will not survive.

I am working long days to finish this book on the ECM. I promise it will be an eye-opener as you have said.

The Leaked Pentagon Papers Show Ukraine is NOT Winning


Armstrong Economics Blog/War Re-Posted Apr 15, 2023 by Martin Armstrong

Suspicious Cat’s Correct – Johnson and MacGregor Give Details


Posted originally on the CTH on April 14, 2023 | Sundance

In an era of universal deceit, it should not be a surprise for the suspicious cats to be more accurate.

Semi-related context for scope of fraud:  We know with demonstrable certainty that Hillary Clinton, the DNC, Fusion GPS, Chris Steele, DOJ, FBI and SSCI collaborated to create the fictitious premise called broadly “Trump-Russia collusion and interference in the 2016 election.”  The entire thing was bogus soup-to-nuts, all of it… make believe; none of it real.  So, how the hell did Mueller, Rosenstein and Weissmann indict Russians?

Now… Fast forward to the current classified intelligence leaks with the scale, scope and background of everything above in mind.  WATCH:

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In the next segment Douglas Macgregor gives his view, and makes some really good emphatic points about the facts within the intelligence leaks proving the United States government, OUR GOVERNMENT, is completely lying about Ukraine and other matters.

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What we think of as Washington DC is a Potemkin village.

All of it is a fabrication.

The real seat of power controlling government is the part we do not see.  The Fourth Branch of Government!

Only 32% of Lenders Profited on Mortgages in 2022


Armstrong Economics Blog/Real Estate Re-Posted Apr 13, 2023 by Martin Armstrong

The talking heads have been warning of a housing crash, but that is not what Socrates indicated. The 30-year fixed rate is around 6.89% at the time of this writing. Housing costs continue to rise, causing the costs of servicing mortgage debt to rise. Housing inventory is limited, and a recent report explains why we saw mass layoffs in the banking sector. The demand is still there and it is a sellers’ market. Cash is king when it comes to real estate for those who can afford it. Mortgage lenders are in trouble. In fact, only 32% of mortgage companies were profitable in 2022 compared to 98% in 2020.

The Mortgage Bankers Association (MBA) recently announced that independent mortgage banks and subsidiaries of chartered banks lost around $301 for every mortgage they financed in 2022. This marks a 113% decline from the prior year’s average and the first-time banks are seeing losses on mortgage products. This is not 2008 when banks handed out loans to anyone who asked.

“The rapid rise in mortgage rates over a relatively short period of time, combined with extremely low housing inventory and affordability challenges, meant that both purchase and refinance volume plummeted,” said Marina Walsh, CMB, MBA’s Vice President of Industry Analysis. “The stellar profits of the previous two years dissipated because of the confluence of declining volume, lower revenues, and higher costs per loan.” Production costs reached a high of $10,624 per loan last year. Productivity was 1.5 loans originations per production employee, down from 2.5 per employee the year prior, and an indicator of why we are seeing layoffs in the banking sector. No one is refinancing at these rates either and most chose a fixed rate, as we saw what happened in 2008 with adjustable costs.

First-time mortgages reached an all-time high of $323,780 last year, up from $298,324, the largest annual increase since the MBA began collecting data. The increased cost of loans increased the cost of serving mortgages. The MBA expects volume to decline further in 2023 before rallying in 2024 and 2025. The banking crisis may lead to banks and lenders selling off their mortgage debts once they cannot afford to service the debt. Again, the housing crisis today is not relative to the 2008 crash.

Tucker Carlson Discusses U.S. Intel Leaks and Media Effort to Hide the U.S. Govt Lies


Posted originally on the CTH on April 13, 2023 | Sundance 

During his opening monologue tonight, Tucker Carlson outlined the latest developments on the U.S. classified information leaks and the media effort to avoid talking about the government lies within them.

It really is quite a remarkable development to witness in real time.  Corporate media, a completely collapsed fourth-estate, playing the distracting role on behalf of the intelligence apparatus they are supposed to keep in check.  WATCH:

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When the Body Bags Start Coming Home


Armstrong Economics Blog/Politics Re-Posted Apr 10, 2023 by Martin Armstrong

The Neocons are on both sides of the aisle. In the Republican camp, of course, we have Lindsy Graham, but there is also Marco Rubio who has the audacity to tell Europe they better pick sides. Then there is Michael McCaul of Texas. Based on reliable sources, the military has been instructed to prepare for war. This is inevitable.

The Democrats intend to beat the war drums to make sure the Republican Neocons will vote with them. Biden intends to Run in 2024. The Neocons need him because he is senile and will say what they write on his cue cards and sign whatever they put in front of him. Blinken is the leader of the Neocons in the White House. They are pushing for war BEFORE the 2024 election for these people looks at war and that typically the president in power is always reelected in times of war. So, hunker down. Hide your kids. It’s off to war we go so Biden can be reelected. They thought Trump would be the Republican and Biden could beat him. That remains to be seen when the body bags start coming home. These people have no respect for the people or human rights. It’s all just a chess game to them.

Judicial Watch = Trump is a Political Prisoner


Armstrong Economics Blog/Rule of Law Re-Posted Apr 9, 2023 by Martin Armstrong