Steve Mnuchin is Not Pretending, States U.S. Economy is Already in Recession


Posted originally on the conservative tree house on October 26, 2022 | Sundance

A lot of people didn’t like Steven Mnuchin as Treasury Secretary, I did.  Secretary Mnuchin was an inside player, a billionaire himself, who worked for the outside team.  He already had a full bank account and carried ‘f**k-off’ money.   That, combined with Wilbur Ross having the same ability, was exactly what we needed to execute the America-First MAGAnomic resurgence.

The U.S. middle-class saw and felt the benefits.  Economic security is national security, at a nationwide and even individual level.  Mnuchin, Ross and Lighthizer constructed that economic outcome guided by the larger strategy of President Donald J Trump.

RIYADH, Oct 26 (Reuters) – Former U.S. treasury secretary Steve Mnuchin said on Wednesday he believed the United States was in a recession and said this would continue.

Speaking at Riyadh’s flagship investment conference FII, he said: “I think we’ll probably see a peak of 4.5% 10-year rates.”

“I think you are going to see inflation in the U.S. begin to come under control, it will probably be a two-year period,” he added.

He said the U.S. and China must learn to co-exist. He added that the Middle East’s economic issues need to be dealt with regionally. (link)

New Study: COVID Vaccine Effectiveness Turns Negative Over Time


Armstrong Economics Blog/Corruption Re-Posted Oct 26, 2022 by Martin Armstrong

By now, we all know multiple people who have been tripe vaccinated but still caught the virus numerous times. CDC director Rochelle Walensky even came down with COVID last week despite following the “science.” Researchers with Moderna and Kaiser Permanente found that the effectiveness rate of three doses was over 50% after 150 days against a version of the Omicron variant. However, the study also found that the effectiveness of the vaccine turned NEGATIVE between 91 and 150 days, depending on the strain.

A negative vaccine reaction means it leaves the patient (victim) more susceptible to catching the illness. This is not the only study that found that COVID vaccine effectiveness turns negative within months. Moderna is attempting to brush this study under the rug, but now there is proof that the vaccines are, in fact, making people sick and lowering their natural immune responses.

If there were any legitimate health agencies left, they would immediately pull the COVID vaccines from the shelves. Instead, they continue to promote these deadly potions to the most vulnerable in our population.

The Pennsylvania Senate Debate Between John Fetterman and Mehmet Oz


Posted originally on the conservative tree house on October 25, 2022 | Sundance

The media owe an apology to the NBC journalist they attacked for saying John Fetterman struggles to understand issues, questions and communication during conversation.  The awkward and often cringeworthy responses by Fetterman during the Pennsylvania Senate debate with Mehmet Oz, proved there are some serious mental issues with the former stroke victim, John Fetterman.

In this representative exchange over the topic of fracking, you get a feel for just how incapable Fetterman is to articulate a position.  The entire debate was filled with moments like this.  To his credit Oz handled the debate with seriousness and did not highlight his opponents’ issues.  He didn’t need to. The impairment was visible to everyone. WATCH:

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I’m sorry, but just no.  I’m not even comfortable criticizing the substance of the debate.  What kind of family would let someone they care about put themselves through this and not intervene.  John Fetterman should be in therapeutic rehab, not under the stress of a senate campaign.  It’s beyond awkward; it’s sad and horrible to watch.

The full debate is below:

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Bidenomics – Home Values Continue Dropping Quickly, Especially on West Coast – Meanwhile Rents Continue Increasing


Posted originally on the conservative tree house on October 25, 2022 | Sundance 

As inflation bites the working-class hard, U.S. household savings rates continue dropping fast.  When combined with drops in home values the loss in home equity compounds the issue.  American families are getting poorer much more quickly under Joe Biden’s economic policies.

According to the Wall Street Journal home values dropped in August at their highest monthly rate of decrease since 2011 {link}.  In part this is driven by higher mortgage rates which are pricing home buyers out of the market.  However, the regional impact is worse on the west coast than east or southeast.

[…] The housing market has slowed abruptly this year due to a rapid increase in mortgage rates, which has raised borrowing costs for home buyers and pushed many prospective buyers out of the market. Existing-home sales fell for eight straight months through September. (link)

As noted in The Daily Mail review of a similar analysis: “It’s Northern California that leads the way, with San Jose experiencing a drop of 10.8 percent since September, followed by San Francisco at 8.5 percent, then it’s Seattle at 8.2 percent, Denver at 5.8 percent, San Diego 5.2 percent, Portland 5.1 percent, Las Vegas 4.8 percent and Phoenix at 4.4 percent.” (link)

What we are seeing is a confluence of events, generally brought about by the outcomes of larger Biden administration policy.  Massive increases in energy costs are the result of energy policy; those increases are fueling inflation from the supply side on food, fuel, electricity, home heating etc.  Simultaneously, Fed monetary policy is driving consumer demand down.  The recession debate continues amid the economic think-tanks while Main Street outcomes show we have been in a recessionary period all year.

The majority of consumers have stopped purchasing nonessential goods and services. As a result, the only thing holding the economy together is employment.  Sooner or later, as the natural lags in the economy bite down, the lack of consumer spending (noted in increased inventories) is going to result in lay-offs and unemployment.  It’s almost a guarantee at this point once the boxcar impact of the prior supply chain shortages straightens out.

The third wave of food price increases is now here, and we are all likely starting to see those price increases in retail food stores.  Depending on how much higher energy prices go this winter (gasoline, natural gas, home heating oil etc.) the middle class will again be making tough checkbook decisions on spending.

On a MACRO level (nationwide averages) I would not be surprised to see home prices drop to where they were in the beginning of the second quarter of 2021.  Home sales have dropped quickly, and home inventories are now climbing.  Home buyers are now in the position to negotiate for much lower prices as fewer home buyers are in the market.

If you did not purchase a home in the past year, you likely have stable equity.  Depending on region, those who did purchase a home this year will have to wait quite a while before the price level returns.  Meanwhile rents continue increasing as middle-class workers are stuck between diminishing real wages (Biden inflation) and higher home borrowing costs (Biden monetary policy).

New York Supreme Court Orders Reinstatement of Employees Fired Over Vaccine Status with Back Pay


Posted originally on the conservative tree house on October 25, 2022 | Sundance

The New York Supreme Court has ordered reinstatement for all employees fired over their nonvaccinated status and ordered back pay for those who were unlawfully terminated from employment [Full pdf Ruling Here].

The state supreme court found that being vaccinated does not stop the spread of COVID-19, saying the vaccine mandate and firing of the non-compliant employees was “arbitrary and capricious.”  This is a strong rebuke to the totalitarian fiats created by state leaders including the state governor, mayor of New York City and health commissioner.

(SOURCE)

NEW YORK – The New York state Supreme Court has reinstated all employees who were fired for not being vaccinated, ordering back pay and saying their rights had been violated.

The court found Monday that “being vaccinated does not prevent an individual from contracting or transmitting COVID-19.” New York City Mayor Eric Adams claimed earlier this year that his administration would not rehire employees who had been fired over their vaccination status.

NYC alone fired roughly 1,400 employees for being unvaccinated earlier this year after the city adopted a vaccine mandate under former Mayor Bill de Blasio. (read more)

FBI and DOJ Switch Tactics, Now Claim 2022 Election is Vulnerable to Manipulation


Posted originally on the conservative tree house on October 24, 2022 | Sundance 

With the majority of American voters now positioned to rebuke the political efforts of Joe Biden and federal Democrats, the narrative from the DOJ and FBI does a 180° reverse course.  The transparency of a corrupt and manipulative political justice system is beyond obvious.

  • ♦Old Message to support the 2020 Democrat vote initiatives (ballot harvesting, mail-in voting, precinct manipulation): The 2020 election was the most secure election in American history.
  • ♦New Message to support the Democrat 2022 vote initiatives: The 2022 election is not secure, subject to manipulation by disinformation and misinformation, and likely to encounter interference by domestic and foreign adversaries.

The transparency of the FBI/DOJ agenda is obvious.

15 days before the 2018 midterm election the FBI promoted a “MAGA mail bomber”, Cesar Sayoc case, claiming the suspect mailed “energetic material that could become combustible when subjected to heat or friction.”

15 days before the 2020 presidential election, the FBI promoted the Gretchen Whitmer kidnapping case, claiming a group of Michigan extremists were foiled in their plot to kidnap the Michigan Governor.  Inside the plot the FBI had used more than a dozen agents, informants and sources to literally construct the events and facilitate the claims.

Today, not coincidentally a repeat of 15 days before the 2022 midterm election, once again the FBI/DOJ is promoting an election interference narrative:

(Via Politico) – Top Biden national security officials are tracking multiple threats to the nation’s election security infrastructure ahead of the midterms and are set to issue warnings, including in an internal intelligence bulletin this week, according to two people familiar with the matter.

The bulletin will lay out details of cyber threats posed by China and Russia, as well as other non-state actors, and potential physical threats to election officials in jurisdictions across the country, the people said. The warnings come as the midterm elections near and amid increasing reports of intimidation at ballot drop boxes. The people requested anonymity to talk freely about sensitive national security and election matters.

The internal administration concerns about election threats come days after a call was held between federal officials and local law enforcement personnel about the midterms, according to one of the people familiar with the matter. Those on the call discussed the potential for violence in response to the spread of false narratives regarding the election process. Officials said election workers, including those working at polling stations, are likely to face threats and harassment from extremists both online and offline, the person familiar with the matter said.

[…] Officials consider misinformation and disinformation the biggest threats to the midterms, given how easy it would be for malicious actors — whether domestic partisans or foreign intelligence operatives — to seize on delayed results or isolated voting-machine glitches to spread lies about the security of the process. (read more)

There is no such thing as “misinformation” or “disinformation.”  There is truth and lies.

You were not born into a world requiring you to believe everything you see and hear.  You were born with a brain allowing you to absorb information and make your own determinations as to what is truthful, factual and honest, and what is not truthful, not factual and dishonest.  Do not abdicate your thinking or discernment to a third party.

Sunday Talks, Kari Lake Describes the Ongoing and Escalating Arizona Border Crisis, 227,547 Illegal Aliens in September Alone


Posted originally on the conservative tree house on October 23, 2022 | Sundance 

Appearing with Maria Bartiromo on Sunday Morning Futures {Direct Rumble Link Here), Arizona gubernatorial candidate Kari Lake describes the specific interests to Arizona ahead of the November election.

Mrs. Lake describes the ongoing and escalating border crisis driven by Joe Biden’s open border policies, including expanded drug running, human smuggling and escalating crime, evil outcomes of unlawful immigration.  WATCH:

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Captured illegal border crossers, illegal aliens, were 227,547 in September 2022 at the U.S. border with Mexico. That’s the third-highest month of Joe Biden’s presidency and was up 11.5% from 204,087 in August, and 18.5% higher than the 192,001 in September 2021.

In the fiscal year that ended Sept. 30, 2.38 million illegal aliens were encountered, up 37% from 1.73 million the year before.  The 2022 annual total surpassed 2 million for the first time in August and is more than twice the highest-level during Donald Trump’s presidency in 2019.

CONTEXT – Keep in mind when 60,000 illegal aliens crossed in 2014, DHS Secretary Jeh Johnson declared a state of emergency and asked congress for $4 billion in emergency funding.  In September 2022 alone, 227,547 illegal aliens crossed.

Nearly 78,000 migrants from Venezuela, Cuba and Nicaragua were stopped in September, compared to about 58,000 from Mexico and three countries of northern Central America that have historically accounted for most of the flow.

Lee Smith Nails a Key Point, The Fourth Branch of Government and Media Operate Together


Posted originally on the conservative tree house on October 23, 2022 | Sundance |

Lee Smith makes an important point in this brief podcast excerpt. {Direct Rumble Link Here}  We have outlined his point on these pages for several years.

Essentially, the point Lee Smith drives home is how the U.S. Corporate Media, and the Big Tech monopolies, are the front force of the new national security and intelligence state.  It is a relationship that extends far beyond the customary leanings of media, and now covers a full synergistic relationship.  WATCH:

“We’re all familiar with the fact that the press has historically leaned to the left. That’s not what we’re looking at now. We’re looking at something very, very different. We’re looking at the press as being a part of the intelligence community. They are the ones who is putting these operations out there.”

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The New York Times and Politico are the public relations firms for Main Justice, the DOJ and FBI.  The Washington Post handles the needs of the Intelligence Community (IC) and the Central Intelligence Agency.  Meanwhile CNN is managed by the needs of the U.S. State Dept.   These direct relationships have been discussed here for several years.

Joe Biden Struggles with 2024 Question During Live Broadcast


Posted originally on the conservative tree house on October 21, 2022 | Sundance

I’m not sure what’s more remarkable; the transparency of Joe Biden’s cognitive decline, or MSNBC broadcasting it.  Then again, this was live at around 5:30pm ET, so there wasn’t an opportunity to edit out the disturbing part.  Sundowning?

During a live MSNBC interview broadcast today, Joe Biden was asked about his decision to run for reelection in 2024.  When a short follow-up question is asked, things got weird and uncomfortable.  WATCH:

BIDEN: “It’s my intention to run again.”

MSNBC: “Dr. Biden is for it?”

BIDEN: crickets

MSNBC: (Uncomfortable) “Mr. President?”

BIDEN: (Confused) “Dr. Biden thinks that uh, my wife thinks that uh, that I uh, that, that we’re, that we’re doing something very important.”

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