$200 Billion in COVID-19 Funding Missing


Armstrong Economics Blog/Corruption Re-Posted Jul 3, 2023 by Martin Armstrong

What the hell is the US government doing with our tax dollars? We just heard that the Pentagon managed to misplace $600 billion in funds to Ukraine. They simply have no idea where $600 billion wandered off to and are not investigating. Now, a watchdog group revealed that over $200 billion in COVID-19 relief funds also went M.I.A.

We already knew paycheck protection funding was widely abused. But an inspector general from the US Small Business Administration now believes AT LEAST 17% of all COVID-EIDL and PPP funds were “disbursed to fraudulent actors.” Fraud estimates for COVID-19 Economic Injury Disaster Loans reached $136 billion, or 33% of the entire program. Then it is estimated that an additional $64 billion was stolen from Paycheck Protection Fraud.

Government agents deny mass fraud. They say that the recent report “contains serious flaws that significantly overestimate fraud and unintentionally mislead the public to believe that the work we did together had no significant impact in protecting against fraud.” The problem here is that this is the money of the American people. In less than two weeks, the US government just announced they lost nearly a trillion due to bad actors and/or accounting errors. We deserve a complete overhaul of government accounting and a thorough investigation into where these funds went. Chalking it up to an accounting error or being duped is not sufficient. They need to tell the people exactly how they are spending our money, especially since they continually ask for more each year while providing nothing in return.

U.S. Chamber of Commerce Hosts Former Acting CIA Director Mike Morrell for Discussion to Help Multinational Corporations Engage with Fourth Branch of Government


Posted originally on the CTH on June 28, 2023 | Sundance 

The larger story behind this recent Intercept Article is the headline you just read. Let’s talk….

The U.S. Chamber of Commerce is a representative organization in the United States that lobbies Congress.

The CoC represent the interests of the multinational corporations who use K-Street and J-Street in DC to write rules, regulations, policies and laws as part of their corporate control over U.S. wealth.  That’s what the CoC does.  That’s the entire purpose of the Chamber of Commerce.

The CoC has long been in the background of our political discussions.  During the Obama administration, the Dept of Commerce literally permitted the Chamber of Commerce to write U.S. trade language – physically write the words that go into U.S. trade deals with other countries.  This was the era of maximum value for the CoC that saw their coffers swell, as multi-billion-dollar multinational corporations realized the CoC was in the business of literally controlling the U.S. capitalist economy.

The arch nemesis of the CoC was President Donald Trump, who threw the CoC out of the room when decisions were being made about trade and economic policy.  This was the era of minimum value for the CoC, when corporations were no longer getting to influence the policy.  The CoC then turned to their purchased politicians in Congress, specifically to their #1 ally Mitch McConnell, to ask for help in overcoming the problem that Trump and his America First agenda represented.

As the MAGA America First economic and trade influence in Congress increased, the CoC had trouble because Trump would target any of the Republican CoC beneficiaries, and that could result in a career ending primary challenge.  The Republican wing of the UniParty had a tough time supporting Tom Donohue who was CoC president at the time.

The result was an angered CoC turning instead to the Democrat wing of the UniParty with an offer of an open checkbook.  The Democrats then became the lifeline for the CoC to remain in control of the economic outcomes from policy, regulation and law.  In essence, the mechanism of CoC influence flipped from purchased Republicans to purchased Democrats.   At the time of this paradigm shift, it was noted by media but not understood at its root cause.  I just explained the correct context and reason for it.

Now, we enter a phase where an entity larger that Congress is now in control.  The three branches of government have been superseded by an omnipotent Fourth Branch that controls the other three.   The intelligence apparatus is now larger and more influential than the executive, legislative or judicial branches beneath it.   While people understand how the 4th branch can influence the legislative and executive outcomes, people struggle to understand how the 4th branch can influence the judicial branch.

A clear example of the 4th branch controlling the judicial branch is clear in the Trump Mar-a-Lago documents case, where the 11th Circuit Court of Appeals ruled in favor of the DOJ being allowed to make arbitrary determinations and definitions of what constitutes “national security.”  SEE BELOW:

The intelligence apparatus (4th branch) determines the “classification status”, and the intelligence apparatus (4th branch) determines the secrecy or lack thereof of the item defined as “national security.”

As soon as the judicial branch, in this example the 11th Circuit Court of Appeals, defer the definitions and determinations of what constitutes “national security”, they are essentially becoming subservient to the Fourth Branch of government.  See how that works now?

As a result, we have all three branches of government now subservient to the control of the Fourth (unelected and bureaucratic) Branch!   This is also how the mechanism of the Lawfare operation against Donald Trump is being organized.

Back to the headline….

Understanding that corporations are now needing to work closely with the legislative and executive branches, the lobbyists who control that influence need to organize a new angle of their influence operation to include the Fourth Branch, the intelligence branch.

This is the context for the next story:

Intercept – THE U.S. CHAMBER OF COMMERCE hosted Michael Morell, former acting director of the CIA, at a major gathering for corporate executives on Monday, according to a copy of the agenda obtained by The Intercept. The invitation to Morell — who spoke at the Association Committee of 100 in conversation with a top Chamber executive — is another sign of the increasingly warm ties between the Chamber of Commerce and the network of Democratic-aligned opponents of Donald Trump that the former president maligns as the “deep state.”

[…] The rift between the Trump wing of the party and the Chamber began during the 2016 campaign, during which the pro-business lobby did not get behind Trump soon enough, Trump later let the Chamber know. Trump and his allies felt further betrayed after Republicans moved through Congress a multitrillion-dollar tax cut, only to see the Chamber increasingly endorse Democrats in close House races. Senate Republicans such as Ted Cruz and John Cornyn of Texas rarely miss an opportunity to lambaste the Chamber; House Speaker Kevin McCarthy, R-Calif., and Majority Leader Steve Scalise, R-La., have made their refusal to meet with the organization conspicuous

“The priorities of the U.S. Chamber of Commerce have not aligned with the priorities of House Republicans or the interests of their own members, and they should not expect a meeting with Speaker McCarthy as long as that’s the case,” Mark Bednar, a spokesperson for McCarthy, told CNBC. 

But Morell’s appearance also signals that big business has interests that go beyond Trump’s many grievances related to the 2020 election. Morell’s talk, according to a source, focused on the geopolitics of the U.S.’s ongoing confrontations with Russia and China — pocketbook concerns for the Chamber’s Association Committee of 100, which is made up of top corporate executives.  (read more

Hopefully, you can see how the alignment of the Chamber of Commerce fits in to the Sea Island Billionaire group backing Ron DeSantis.  This is the core of the “trillions at stake” understanding.  This control issue inside the battle for the soul of the Republican Party also plays out in the voice of DeSantis #1 financier, Ken Griffin:

Politico – […] While he’s supporting one of this cycle’s biggest culture warriors in DeSantis, Griffin said most hot-button issues — abortion rights, battles over sex education and LGBTQ rights — don’t define his interests. He wants to improve the diversity of the GOP and blunt the vein of populism that has complicated the party’s relationship with the corporate world — two things he’s consulted with House Minority Leader Kevin McCarthy about. (link)

Traditional Fascism was defined as an authoritarian government working hand-in-glove with corporations to achieve totalitarian objectives. A centralized autocratic government headed by a dictatorial leader, using severe economic and social regimentation, and forcible suppression of opposition.

That governmental system didn’t work in the long-term because the underlying principles driving free people rejected government authoritarianism.  Fascist governments collapsed, and the corporate beneficiaries were nulled and scorned.  Then along came a new approach to achieve the same objective.

The World Economic Forum (WEF) was created to use the same fundamental associations of government and corporations.  Only this time the corporations organized to tell the governments what to do.  The WEF was organized for multinational corporations to assemble and tell the various governments how to cooperate to achieve control.

Fascism is still the underlying premise, the WEF just flipped the internal dynamic.

The assembly of the massive multinational corporations, banks and finance offices now summon the government leaders to come to their assembly and receive their instructions.  Some have called this corporatism. However, the relationship between government and multinationals is just fascism essentially reversed with the government doing what the corporations tell them to do.

One brutally obvious example: Big Pharma telling governments to promote the vaccine and figure out the control details later.

Now consider:

A massive multinational corporate conglomerate telling a centralized autocratic government leader what to do, and using severe economic and social regimentation as a control mechanism, combined with forcible suppression of opposition by both the corporations and government.

Doesn’t that define our current reality?

Media Silent as IRS Whistleblowers Expose Blatant Biden Family Corruption. Plus: Google Suspends SYSTEM UPDATE from Its Ads Platform | SYSTEM UPDATE #105


By Glenn Greenwald Posted originally on Rumble on: Jun 23, 7:00 pm EDT

“BIGGEST DANGER TO MANKIND” | Bill Gates Funded Wuhan Lab? – #152 – Stay Free With Russell Brand


By Russell Brand Originally Posted on Rumble on: Jun 22, 12:00 pm EDT

Pentagon: $6.2 BILLION in Ukraine Aid Missing Due to Accounting Error


Armstrong Economics Blog/Corruption Re-Posted Jun 22, 2023 by Martin Armstrong

The nation was distracted by the 24/7 news coverage about the submarine that went missing while cruising around to see the Titanic. It seems that there is always a big news story put forth on days when undesirable information is released. We know the entire conflict in Ukraine was planned many years ago (see: “The Plot to Seize Russia”). We know that Biden is in bed with Ukraine – bought and paid for. Now, the Pentagon is admitting that “due to accounting errors” they LOST $6.2 BILLION!

Did the money go to contractors? Politicians? Ukraine? The government refuses to say. Deputy Pentagon press secretary Sabrina Singh explained that they originally thought $3 billion went missing, but the figure they are admitting to the public is closer to $6.2 billion. “We have confirmed that for FY23, the final calculation is $3.6 billion, and for FY22 it is $2.6 billion, for a combined total of $6.2 billion,” Singh said. “These valuation errors in no way limit or restricted the size of any of our PDAs or impacted the provision of support to Ukraine,” she added, as if taxpayers think that we aren’t doing enough for a foreign nation when America is a desperate state.

Everyone should be outraged. That is a HUGE sum of money that this indebted nation cannot afford to misplace. This entire situation reeks of corruption. If this happened under Trump, there would be a never-ending investigation from every angle. If you or I paid a penny less on our taxes, they would hunt us down with the full force of the law. That money was taken from hardworking Americans who pay their taxes. No taxation without representation is a faraway dream. WE DESERVE ANSWERS.

Five Years Later…. DOJ Reaches Sweetheart Plea Deal With Hunter Biden – Two Misdemeanor IRS Tax Charges, Diversion for Federal Gun Crime


Posted originally on June 20, 2023 | Sundance 

The U.S. Attorney’s Office in Delaware has given a sweet deal to Hunter Biden. Joe Biden’s son will plead guilty to two misdemeanor tax charges, and a federal gun charge. The gun charge will be deferred by a division program where Hunter promises to be a better person. The two tax charges will result in a slap on the wrist.

According to a statement from Hunter Biden’s attorney“With the announcement of two agreements between my client, Hunter Biden, and the Unites States Attorney’s Office for the District of Delaware, it is my understanding that the five-year investigation into Hunter is resolved.”

“Hunter will take responsibility for two instances of misdemeanor failure to file tax payments when due pursuant to a plea agreement. A firearm charge, which will be subject to a pretrial diversion agreement and will not be the subject of the plea agreement, will also be filed by the Government. I know Hunter believes it is important to take responsibility for these mistakes he made during a period of turmoil and addiction in his life. He looks forward to continuing his recovery and moving forward.”

A White House spokesperson said, “The President and First Lady love their son and support him as he continues to rebuild his life. We will have no further comment.” (link)

DOJ Press Release below:

[USAO, DE – Source Link]

House Oversight Committee Chairman James Comer released the following statement:

The corrupt political establishment is just laughing at people now.

Glen Greenwald Reflects on Viral RFK Jr.


By Glen Greenwald Posted originally on Rumble on June 16, 2023

Government Corruption is Unprecedented


Armstrong Economics Blog/Corruption Re-Posted May 1, 2023 by Martin Armstrong

COMMENT: Hi Martin
Thanks largely to you, my family and I never took the covid vaccines. You are/were right that the Covid pandemic was a scam.
However, today, I read a post by you that reported that an 11% spontaneous abortion rate is something to be concerned about. The average miscarriage rate for woman younger than 35 is 15% and it gets worse, the older you get.

HH

REPLY: I think this T-Shirt sums it all up. We cannot survive under a Republic without term limits. Once someone becomes a politician, all is lost. Our politicians have been bribed and now there is a lawsuit filed against the head of the EU for she never put it to Parliament, bought billions of doses many times more than the population of Europe, with ZERO accountability.

These people have crossed to the other side and we become the enemy. I was in British Columbia about 20 years ago and I was totally shocked by a left-wing woman politician I do not remember her name. She actually said that EVERYTHING we earn belongs to the government. They decide how much we are allowed to retain.

Klaus Schwab is an academic. Most are just Marxists and believe that they need to suppress human nature and we should own nothing, surrender all imagination and creativity, and just work like ants in their leftist vision of a farm.

Schwab’s Dream – the Ant Farm