Sunday Talks, Shannon Bream -vs- Jim Jordan


Posted originally on the CTH on January 8, 2023 

Fox News Host Shannon Bream, one of the true Machiavellian conscripts, is given the responsibility to maintain the great pretending on behalf of the Republican chattering class.   One of the key tactics of the professional pretenders is to ¹frame constant opposition narratives as questions.

To reply, Representative Jim Jordan is responsible for dispatching the pretending narrative delivered by Bream and hitting back with the reality hammer.

¹This is why I do not watch Fox News puppets much.   Their production group is a functional set of background puppeteers.  This is also why Fox News host Tucker Carlson produces and directs his own show from outside the system, just like Lou Dobbs used to.  Tucker Carlson Tonight is essentially a podcast distributed by broadcast media.

Sketchy at Best Labor Report Shows 223,000 Jobs Gained in December, Year-Over-Year Wage Rate Growth 4.6%


Posted originally on the CTH on January 6, 2023 | Sundance 

The Bureau of Labor and Statistics (BLS) released the December jobs report today [DATA HERE] showing 223,000 jobs gained in December ’22.

Most of the job growth was in the “leisure and hospitality” sector (+67,000), healthcare (+55,000), construction (+28,000) and social assistance (+20,000).  Additionally, average hourly earnings rose by 0.3%, with a year-over-year measure of wage growth at 4.6%.

At this point in the history of our economic pretending game, we are well aware the employment numbers are heavily manipulated in order to support the government policymaking that is destroying the same workforce they claim to represent.   It’s all a ruse, just look around your community and you will see what I am talking about.

The financial pundits, Wall Street, government policy makers and various individuals and economic gaslighters are concerned that worker wage growth could drive inflation.  This is one of the most aggravating aspects to reviewing the majority of economic punditry. [Example:]

This knuckleheaded narrative engineer from the New York Times/Atlantic even has the audacity to say, “let prices continue to fall to target,” as if there is a single item at any price that is dropping.  His spin is a good example of gaslighting just from the use of the statement “price inflation is falling back towards where we want it.

Price inflation is not price.  ‘Price inflation’ is the rate of increase.  There’s a BIG DIFFERENCE between “inflation falling back” and prices dropping. Inflation falling back is merely a lessening of the rate of price increase.  The price does not drop, and never will.

This reality is why it is infuriating to see government policymakers and pundits decry wage growth as a bad thing that might cause inflation.

Government monetary, fiscal and energy policy created inflation.  Devalued currency from spending, simultaneous to massive government policy changes driving up supply side energy costs, exploded inflation.

Prices for energy, oil, gas, home heating, fuel and food all skyrocketed as a result.  Workers need pay raises to afford these essential costs of life.  However, the same people who created the inflation are now worried that wage rate increases may drive inflation.  The mindset at work here is infuriating.

Consider these empirical data points.   In August of 2021 the Biden administration permanently increased food stamp benefits by 25% for everyone who needed the subsidy {LINK}.  This permanent benefit increase was delivered at the same time as the administration was claiming “inflation was transitory.”  They knew it wasn’t transitory. They were lying.

The Social Security Benefits were also raised in 2022 by 8.7% for the largest ever cost of living adjustment in 2023 {LINK}.  Both the 25% food stamp increase and the 8.7% SSI COLA were needed to offset the inflation created by government policy….  However, the same government doesn’t want wages to rise.  Can you see the hypocrisy.

Workers are being crushed by the outcomes of policy, and those who created the policy making the outcomes do not want worker wages to offset the policy.

We need to see wage growth in the 20% range just to keep pace with the increased cost of living created by policy.  Food costs 40% more, energy 30% more, housing 20% more and the list keeps going.

The prices for many goods have already doubled, worker wages need to compensate for those increases.   However, government, Wall Street, corporations and policy makers do not want to see wage growth that will offset the price of goods because they fear those wage gains will drive inflation.

The financial media, Wall Street, govt policy makers (republican & democrats) and corporations are lying to us and simultaneously killing the working-class. We, the workforce, are in an abusive relationship with govt…. and they have the nerve to blame us for inflation.

Our food costs +40%, energy +30%, housing +20%, all of it.. with interest rates now climbing, making it worse. Yet, they now clutch pearls and worry about our need for higher wages to afford these costs (from their policy) driving inflation higher?

Yet we are supposed to be concerned about giving an entitled republican control of the speaker position in congress because.. why?

Probably the same reason they want us looking at Ukraine, or transgender issues, or queer/gay rights, or climate change, or (fill_in_the_blank with something Ron DeSantis is promoting) all to keep us from realizing our economic life is being destroyed all around us while this constant and insufferable game of pretending continues.

A pox on all their houses! 

I hate them all right now.

The Real Cost of War


Armstrong Economics Blog/War Re-Posted Jan 6, 2023 by Martin Armstrong

COMMENT: Good Morning Mr. Armstrong, a long-time reader and client of Socrates and your conferences. I just read your entry for Belarus drafting 18 to 60-year-olds. I had a feeling that eventually, that would take place here in the states. I can tell you without a doubt, I will never comply. My family has served in WWII and Vietnam. We have given enough. I absolutely despise our government. I am wondering if this is part of the continued collapse of the government. With such low recruitment levels and the political fallout from the past few years, they must realize people will not be forced to serve. Especially those with the means to defend themselves. Is this a main component of civil unrest here with separatist movements? Just curious if you can elaborate on what you think will happen when they institute a draft here.
All the Best.

J

REPLY: My family has fought in every war since the American Revolution. My cousin still has the musket on his wall from the American Revolution. I lost half of my high school friends to Vietnam and my father and his three brothers were all in World War II and my grandfathers on both sides of the family were in World War I. There is no question that in a time of war, the first shot fired is both silent and never against an enemy. It is always against any truthful reporting of events.

The Defense Casualty Analysis System (DCAS) Extract Files contain records of 58,220 U.S. military fatal casualties of the Vietnam War. The government propaganda site, Wikipedia also directed by the Deep State, has low-balled the casualties claiming in total, all US and allied military deaths reached 282,000. We claim that is a victory for the VC lost 444,000 to possibly 666,000. The civilians who died have been low-balled with estimates of 405,000 up to 627,000. Just turn to Britannica and you get:

“In 1995 Vietnam released its official estimate of the number of people killed during the Vietnam War: as many as 2,000,000 civilians on both sides and some 1,100,000 North Vietnamese and Viet Cong fighters.”

President Lydon Johnson knew there was no reason to enter Vietnam. He knew we could not get out easily. Still, he committed the country to war because the Neocons wanted it.

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This is a famous photograph from Vietnam that is probably the most memorable of all time. You see South Vietnamese forces following terrified children. At the center is 9-year-old Phan Thi Kim Phùc, as she and other children are running from an aerial napalm attack on suspected Viet Cong hiding places on June 8, 1972. The plane accidentally dropped napalm on South Vietnamese troops and civilians. As always, just the collateral damage of war. The terrified girl had ripped off her burning clothes while fleeing. This photo was taken by Nick Ut of The Associated Press that captured the horror of Vietnam worldwide. It was 1972 when President Nixon said enough and promised to bring the troops home.

This 9-year-old make girl running from napalm, Phan Thi Kim Phúc, had profoundly changed her forever. Such people are tormented for a lifetime. They wake up at night dreaming over and over about the horror of those events for the rest of their lives. Kim Phúc was bitter and full of hatred she said. Later, she picked up the Bible and converted to Christianity. Today, she lives in Toronto with her family and helps other children victims of war around the world. It is those who survive who are profoundly tortured for the remainder of their lives. That is the real cost of war that nobody cares about.

The official estimate of civilian deaths in World War II stands at a total of 70–85 million. The actual military deaths were 21,000,000 to 25,500,000. There is ALWAYS an equal amount of civilian deaths in times of war. Those in power never want to talk about that.

Tucker Carlson Asks Why Does Everyone in DC Want to Demonize, Attack and Eliminate the House Reform Group


Posted originally on the CTH on January 5, 2023 | Sundance

During his opening monologue tonight, Fox News host Tucker Carlson outlines the attacks against those opposing Kevin McCarthy for House Speaker.

Tucker Carlson asks why the visibility of democracy in action ends up with DC insiders claiming the American political structure is going to collapse just because Kevin McCarthy is not being anointed as House Speaker.   Those in opposition to McCarthy are deemed as Russian operatives, domestic terrorists and corrupt sketchy voices belonging to various shady patriotic movements that have threatened the domestic tranquility of the nation.   WATCH:

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Video, Day Three of House Speaker Voting – Two Lobbyist Groups Likely to Determine Outcome


Posted originally on the CTH on January 5, 2023 | Sundance

Most people are unaware that outside lobbyist groups hold the power over the internal dynamic.  In addition to internal financial systems, each congressperson is aligned with a lobbyist group that pays for their political election efforts, sort of like a corporate sponsor in a professional sports team.  Ultimately the sponsors determine what issues the politician supports.  This is the business end of DC politics.

According to Politico, the Congressional Leadership Fund (team McCarthy) has come to an agreement with the Club for Growth Fund (team not McCarthy) and worked out a deal the representatives may be permitted to support.  The deal “includes a vote on term limits for members, more seats for Freedom Caucus members on the powerful House Rules Committee and allowing a single member to force a vote on ousting the speaker.”  The voting continues today.

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Most people think when they vote for a federal politician -a House or Senate representative- they are voting for a person who will go to Washington DC and write or enact legislation. This is the old-fashioned “schoolhouse rock” perspective based on decades past.  There is not a single person in congress writing legislation or laws.

In modern politics not a single member of the House of Representatives or Senator writes a law, or puts pen to paper to write out a legislative construct.

This simply doesn’t happen.

Over the past several decades a system of constructing legislation has taken over Washington DC that more resembles a business operation than a legislative body. Here’s how it works right now.


Outside groups, often called “special interest groups”, are entities that represent their interests in legislative constructs. These groups are often representing foreign governments, Wall Street multinational corporations, banks, financial groups or businesses; or smaller groups of people with a similar connection who come together and form a larger group under an umbrella of interest specific to their affiliation.

Sometimes the groups are social interest groups, activists, climate groups, environmental interests etc. The social interest groups are usually non-profit constructs who depend on the expenditures of government to sustain their cause or need.

The for-profit groups (mostly business) have a purpose in Washington DC to shape policy, legislation and laws favorable to their interests. They have fully staffed offices just like any business would – only their ‘business‘ is getting legislation for their unique interests.

These groups are filled with highly paid lawyers who represent the interests of the entity and actually write laws and legislation briefs.

In the modern era this is actually the origination of the laws that we eventually see passed by congress. Within the walls of these buildings within Washington DC is where the ‘sausage’ is actually made.

Again, no elected official is usually part of this law origination process.

Almost all legislation created is not ‘high profile’, they are obscure changes to current laws, regulations or policies that no-one pays attention to.  The passage of the general bills within legislation is not covered in media.  Ninety-nine percent of legislative activity happens without anyone outside the system even paying any attention to it.

Once the corporation or representative organizational entity has written the law they want to see passed – they hand it off to the lobbyists.

The lobbyists are people who have deep contacts within the political bodies of the legislative branch, usually former House/Senate staff or former House/Senate politicians themselves.

The lobbyist takes the written brief, the legislative construct, and it’s their job to go to congress and sell it.

“Selling it” means finding politicians who will accept the brief, sponsor their bill and eventually get it to a vote and passage. The lobbyist does this by visiting the politician in their office, or, most currently familiar, by inviting the politician to an event they are hosting. The event is called a junket when it involves travel.

Often the lobbying “event” might be a weekend trip to a ski resort, or a “conference” that takes place at a resort. The actual sales pitch for the bill is usually not too long and the majority of the time is just like a mini vacation etc.

The size of the indulgence within the event, the amount of money the lobbyist is spending, is customarily related to the scale of benefit within the bill the sponsoring business entity is pushing. If the sponsoring business or interest group can gain a lot of financial benefit from the legislation, they spend a lot on the indulgences.

Recap: Corporations (special interest group) write the legislation. Lobbyists take the law and go find politician(s) to support it. Politicians get support from their peers using tenure and status etc. Eventually, if things go according to norm, the legislation gets a vote.

Within every step of the process there are expense account lunches, dinners, trips, venue tickets and a host of other customary financial waypoints to generate/leverage a successful outcome. The amount of money spent is proportional to the benefit derived from the outcome.

The important part to remember is that the origination of the entire process is EXTERNAL to congress.

Congress does not write laws or legislation; special interest groups do. Lobbyists are paid, some very well paid, to get politicians to go along with the need of the legislative group.

When you are voting for a Congressional Rep or a U.S. Senator you are not voting for a person who will write laws. Your rep only votes on legislation to approve or disapprove of constructs that are written by outside groups and sold to them through lobbyists who work for those outside groups.

While all of this is happening the same outside groups who write the laws are providing money for the campaigns of the politicians, they need to pass them. This construct sets up the quid-pro-quo of influence, although much of it is fraught with plausible deniability.

This is the way legislation is created.

If your frame of reference is not established in this basic understanding you can often fall into the trap of viewing a politician, or political vote, through a false prism. The modern origin of all legislative constructs is not within congress.

“we’ll have to pass the bill to, well, find out what is in the bill” etc. ~ Nancy Pelosi 2009
“We rely upon the stupidity of the American voter” ~ Johnathan Gruber 2011, 2012.

Once you understand this process you can understand how politicians get rich.

When a House or Senate member becomes educated on the intent of the legislation, they have attended the sales pitch; and when they find out the likelihood of support for that legislation; they can then position their own (or their families) financial interests to benefit from the consequence of passage.  It is a process similar to insider trading on Wall Street, except the trading is based on knowing who will benefit from a legislative passage.

The legislative construct passes from K-Street into the halls of congress through congressional committees.  The law originates from the committee to the full House or Senate.  Committee seats which vote on these bills are therefore more valuable to the lobbyists.  Chairs of these committees are exponentially more valuable.

No legislation provided by outside interests means no work for lobbyists who sell it. No work means no money. No money means no expense accounts. No expenses mean politicians paying for their own indulgences etc.

In the aftermath of President Trump winning the 2016 election, politicians on both sides were not happy – but the issue was actually bigger. No K-Street expenditures also means no personal benefit; and no opportunity to advance financial benefit from the insider trading system.

Without the ability to position personal wealth for benefit, why would a politician stay in office?  The income of many long-term politicians on both Republican and Democrat sides of the aisle was completely disrupted by President Trump winning the election.  That is one of the key reasons why so many politicians retired immediately thereafter.

When we understand the business of DC, we understand the difference between legislation with a traditional purpose and modern legislation with a financial and political agenda.

Lastly, this is why -when signing legislation- President Trump often said “they’ve been trying to get this through for a long time” etc.   Most of the legislation passed by congress and signed by President Trump in his first term was older legislative proposals, with little indulgent value, that were shelved in years past.

Example: Criminal justice reform did not carry a financial benefit to the legislative bodies, and there was no financial interest funding the politicians to pass the bill.  If you look at most of the bills President Trump has signed, with the exception of a few economic bills, they stem from congressional construction many years ago.

the 1996 Tax Reform Proposals on Capitol Hill


Armstrong Economics Blog/The Hunt for Taxes Re-Posted Jan 4, 2023 by Martin Armstrong

TaxReform1996

For those who have asked for the original 1995/1996 Tax Proposal that was on Capitol Hill in a single file, here it is. For those who just want the sections in a more manageable manner, click on this like here.

House Republicans Remove Nancy Pelosi’s Metal Detectors and Other Optics Intended to Support J6 Extremism Narrative


Posted originally on the CTH on January 4, 2023 | Sundance 

In the aftermath of the 2020 election House democrats led by Nancy Pelosi directed a national pantomime from Washington DC that extremists were running amok and terrorizing congress.  The January 6 Committee was intended to further establish that narrative.

Pelosi called up the national guard, put fences and barbed wire around congress then installed metal detectors, all as part of the theater for manufacturing the domestic violent extremist narrative.  The media engineered the supportive narrative and the ridiculous pantomime continued throughout the past two years.   However, as congress now changes hands and republicans take control, the fences are taken down and the metal detectors are being removed.

Colorado Representative Lauren Boebert highlights the return of normalcy. {Direct Rumble LinkWATCH:

Rep. Boebert: “We’re turning Pelosi’s House back into the People’s House.”

However, against the backdrop of revelations from the Twitter Files where the intelligence apparatus, Dept of Homeland Security and FBI were part of the government operation to influence public opinion, the possibility of an FBI inspired and coordinated attack against the Capitol is now more likely than previous.

The Uni-Party of Capitol Hill


Armstrong Economics Blog/Politics Re-Posted Jan 3, 2023 by Martin Armstrong

This speech by Congressman Matt Gaetz is actually very important. Listen carefully to what he is saying – he and others will not vote for this “uni-party” candidate Kevin McCarthy from California. I cannot emphasize more that what he is talking about is what I have been writing about for a long time.

John McCain would have voted for Hillary before Trump because they are all the same – they protect the SWAMP. The battle is not as fierce between the Republicans and Democrats as it often appears. Both sides like things the way they are. Kevin McCarthy would simply be another Pelosi. There really would be no difference. This is why we must simply Crash & Burn. Politics is hopeless. The corruption has eaten away everything from the inside out. Gaetz is correct for they call it on the Hill the “uni-party” where it is not for the people, but for maintaining power.