Category Corrupt Main Justice

Sep 27 2022

Confused Biden Conflates Wage Growth with Inflation, Claims Inflation is Having Less Money in Your Paycheck


Posted originally on the conservative tree house on September 26, 2022 | sundance 

Many people believe the people who are in charge of the economic policies destroying the middle-class have no idea how the Main Street economy actually works.  I disagree, I believe they know exactly what they are doing and why they are doing it.

From one perspective, inflation is a statistic that comes from a bureaucratic system quantifying prices.  They have no concept of how policy-driven price increases hurt consumers or working-class families.  Everything in their sphere is academic and esoteric.

However, that said, those who have designed policy know there are benefits to inflation, like lowering economic activity that supports their lowered energy production policies. Inflation also helps them pay their way out of the spending they create that drives the inflation. Make money worth less and debt is lessened, or so the theory is told.

Joe Biden made remarks today that “inflation” as he looks at it, is defined as the amount of money in a paycheck.  WATCH:

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Economic Policy Experts

Sep 27 2022

Arizona Gubernatorial Candidate Kari Lake Discusses Border Security, the Attacks from Liz Cheney, and The New Republican Party


Posted originally on the conservative tree house on September 26, 2022 | sundance

Kari Lake is running an excellent campaign for governor of Arizona in advance of the November election.  In this interview with Maria Bartiromo, Ms Lake discusses her perspective on the border control collapse as well as the attacks against her from lame-duck congresswoman Liz Cheney.

After losing her Wyoming primary challenge, Liz Cheney has now promised to campaign on behalf of Democrats against Kari Lake in Arizona. WATCH:

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Sep 26 2022

Do You Feel Safe in America?


Armstrong Economics Blog/Politics Re-Posted Sep 26, 2022 by Martin Armstrong

Crime has been rampant across America over the last two years. The economic downturn hurt low-income communities the most, and some are turning to crime for quick money. The borders are open, and anyone can enter America from the south. Laws have been repealed to permit an assortment of crimes, sweetheart deals for violent offenders are common, and nearly every city has reported a sharp uptick in crime under the Biden Administration.

The Trafalgar Group conducted a study to ask Americans if they feel safe in the land of the free. An alarming 67.9% reported that they no longer feel safe in America compared to two years ago under the Trump Administration. Even 44.9% of Democrats admitted that they no longer feel safe, while 86.8% of Republicans cited fears.

Murders increased by 6% in 2021 across the nation but spiked 30% from 2019 to 2020. New Orleans, Louisiana, surpassed St. Louis as the murder capital of America with 52 homicides per 100,000 residents. Overall crime in New York City rose 37% this year alone – grand larceny is up 49%, auto theft rose 46.2%, robberies are up 39.2%, and assaults increased 18.6%. Crime in Chicago makes NYC look like Disneyland. Murders in Chicago are 5X higher than NYC and 2.5X higher than LA. Crime in Lightfoot’s Chicago rose 37% from 2021, and the police cannot do anything to help due to the law. Carjackings occur every five hours in that city. Homicides in Philadelphia reached a record high of 562 in 2021 and are on track to surpass that level in 2022. The full data for 2022 is not available, but crime is up everywhere you look.

Our Supreme Court cannot define “women,” but violence against the XX community is atrocious. One in five American women has been the victim of a rape or attempted rape. Around 43.6% of American women will experience sexual violence, and these figures are notoriously underreported.

I hope the 67.9% of Americans who no longer feel safe remember that when voting this November. The Democrats want to focus on guns, mainly taking them away from law-abiding citizens afraid of the rise in crime. There is no plan under the Biden Administration to curtail your chances of becoming a crime victim.

Sep 26 2022

US Housing Due for a Correction?


Armstrong Economics Blog/Real Estate Re-Posted Sep 26, 2022 by Martin Armstrong

Fed Chair Jerome Powell stated that the US housing market would “probably” go through a “correction” period. It is of no surprise as home prices were steadily rising from 2020 until recently after mortgage rates rose and many were simply priced out of the market. The supply chain shortages continue to present a problem for builders. Investors with cash were able to outbid other buyers, and houses lasted less than a week on the market before being sold for above asking. Clearly, this is unsustainable in the long term.

The great American dream of owning a home with a white picket fence sharply rose during World War II thanks to suburbs expanding and the GI bill that assisted service members in purchasing real estate. Homeownership during this time jumped to 65% from the Great Depression period. Surprisingly, home ownership actually increased during the Great Depression as well by 3.7% to 4%. Mind you, cultural dynamics were different back then. Women could not even open their own bank accounts. Living at home was common until marriage for both men and women, multi-family homes were more common, and people simply lived with less. The playing field is completely different today.

In 2021, the real estate industry accounted for 17% of GDP in the US. Investors, landlords, and house flippers did well during this housing boom, naturally. The average American suffered as rental prices are in line with monthly mortgage payments, but obtaining a house remains difficult for the middle class. Those with fixed low rates are not likely to sell. Shelter composes the majority of our household expenses, and countless people who did purchase at the height feel house rich but cash poor. The Fed is focusing on the demand side since it cannot control supply.

Sep 26 2022

Average American Lost Over $4200 Under Biden


Armstrong Economis Blog/Politics Re-Posted Sep 26, 2022 by Martin Armstrong

A new report by the Heritage Foundation claims that the average American had lost over $4,200 in annual income since Biden was sworn in due to rate hikes and inflation. They clearly are not factoring in retirement accounts or other investments, as most have lost substantially more.

Consumer prices are up 12.7% since January 2021, equating to each American losing $3,000 in purchasing power. The foundation estimates that the higher cost of borrowing has cost Americans another $1,200 annually. Mortgages have doubled, consumer debt is rising, and every area of life costs substantially more.

EJ Antoni of the foundation points out that Biden failed to act as inflation began to rise and pushed Congress to continue spending. The Fed miscalculated the situation and called the situation “transitory” while allowing the printing press to roll. Both Biden and the Fed attempted to dismiss inflation to avoid responsibility. Antoni stated:

“This financial catastrophe for American families is the direct result of a president and Congress addicted to spending our money, combined with a Federal Reserve compliantly enabling this addiction by printing more dollars. Washington recklessly spent trillions of dollars it did not have and paid for it with newly printed money, causing rampant inflation that has destroyed people’s purchasing power and jeopardized Americans’ financial futures.”

All gains under the Trump era have been erased in less than two years. Biden began paying people to sit at home and not work when he took office. Thousands were forced to leave their jobs due to COVID mandates. When people went back to work, the current administration led the public to believe that they were doing well due to higher wages, when in reality, inflation consumed any gains.

Biden eliminated America’s energy independence and created an energy crisis domestically that did not previously exist. Biden put America in direct confrontation with Russia and continues to funnel billions through Ukraine when some American cities do not even have clean drinking water. The $4,200 estimate is extremely low, considering that major US indexes are significantly down. Simply put, we are all worse off under the Biden Administration.

Sep 25 2022

The Police State Is Here (Ep. 1850) – The Dan Bongino Show


The Dan Bongino Show Published originally on the conservative tree house on September 13, 2022

In this episode, I address the shocking new moves by the deep state to intimidate and frighten team Trump. I also show disturbing video about digital currencies and how they plan to use them.

Sep 25 2022

The Head of Pfizer is a Veterinarian


Armstrong Economics Blog/Disease Re-Posted Sep 25, 2022 by Martin Armstrong

Albert Bourla is a veterinarian and not a medical doctor who is making a fortune selling his vaccines, not for animals – but people. He is the chairman and chief executive officer of Pfizer, after joining the company back in 1993. He use to be the chief operating officer.

He has COVID again. It seems that those who took the vaccine are developing immune deficiency to COVID like Biden who keeps getting it multiple times. I am not vaccinated, had it once, and that was it. When my daughter insisted I should go to Tampa Hospital to see the head of pulmonary, I said I was tested 5 times and it was always negative. He said the tests were not valid and they still think it was COVID. I went to a new doctor after my old one retired, when he asked if I was vaccinated and I said NO!, I was waiting for the propaganda. He said – Good!

Since this veterinarian tells the world we must be vaccinated, he seems to then listen to the CDC on how to take his own shit. When history is written about this period, I do not think it will be kind to this veterinarian handing out medical advice to people.

I would always make sure my kids were vaccinated. I would take the flu shot sometimes. Now, I will not take anything that comes from Pfizer. I would not trust this guy, especially with my dog. No wonder – he never had to take the Hippocratic Oath.

Sep 24 2022

Mulvaney, Goolsbee and Santelli Finally Discuss Supply Side Energy Driven Inflation and the Disconnect of The Political Federal Reserve


Posted Originally on the conservative tree house on September 23, 2022 | Sundance

Mulvaney, Goolsbee and Santelli Finally Discuss Supply Side Energy Driven Inflation and the Disconnect of The Political Federal Reserve

September 23, 2022 | Sundance | 51 Comments

Finally, a finance and economic discussion that touches on the critical component to inflation that no one dare say, or else they suffer political backlash.  Although Mick Mulvaney, Austin Goolsbee and to a lesser extent, Rick Santelli, had to maintain the acceptable ‘pretending’ approach, parsing words carefully, at least this is one of the first times where the supply side (energy driven) issue of global inflation was discussed.

As the group collectively admitted there is no other option other than a “hard landing” that collapses the economy from the current Fed approach; additionally, Rick Santelli, blasts the relationship between the political central banks and the global leaders who have pressured this dynamic.  WATCH:

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Still pretending, but lessened a little.  Hey, progress.

Sep 23 2022

Teen Killed Over Conservative Views – Killer Released on Bail


Armstrong Economics Blog/Politics Re-Posted Sep 23, 2022 by Martin Armstrong

In Biden’s America, you can walk free after killing people who oppose your liberal political views. A 41-year-old man by the name of Shannon Joseph Brandt of North Dakota murdered an innocent 18-year-old boy over “a political argument.” The murderer recently posted $50,000 bail and was released. As a reminder, those who simply protested on January 6 remain in jail. There is a chance that Brandt will walk free after the trial, depending on the judge and jury.

The circumstances around this case are atrocious. Brandt was driving a 2003 Ford Explorer SUV while intoxicated. He exchanged words with the teenage boy before running him over with his truck and fleeing the scene. He did not even check on the boy and left him to die in an alleyway. He later called the police to explain that he had to kill the boy. Brandt claimed the teenager was part of a Republican extremist group and felt threatened because he placed a call for reinforcements. In reality, the teenage boy called his mom because he was afraid of the drunken man chasing him in his truck. That was the last phone call he ever made.

Biden himself has made countless speeches about how MAGA Republican conservatives are the ultimate threat to America and democracy in general. Trump was blamed for every politically motivated protest or arrest under his presidency. I have yet to read one article blaming Biden for instigating violence against his political opponents. Civil unrest is on the rise. The leader of the “free world” is encouraging violence, and the legal system is turning a blind eye to the sharp rise in crime across the country. Politically motivated crimes will become more commonplace as we enter the mid-term elections as Biden has clearly defined and demonized the enemy — you.