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

Liz Cheney “Declares War” Against Kari Lake


The Charlie Kirk Show Published originally on Rumble on September 25, 2022 

Liz Cheney is really losing it, she is making herself look like an vindictive idiot!

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 Laws have been repealed to permit an assortment of crimes, sweetheart deals for violent offenders are common, and nearly every city has reported a sharp uptick in crime under the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.

Beware of April 2023


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

There is a serious question as to why the Western press has been putting out nothing but one-sided propaganda. I have been warned that my sources in Russia are concerned that the hardliners behind the scene have been critical of Putin for NOT being more aggressive. Of course, there is the youth protesting over the war and the Western press has been happy to project only that image.

Today, for the very first time, the New York Times has actually reported what I have been reporting for weeks:

“Powerful, well positioned and ideologically committed, they want a much more aggressive war effort. “

I am concerned that if Putin is overthrown, the propaganda of the Western press makes it sound like everything will be back to normal. That is so far from the truth, it is not even funny. The Pi Target from the fall of the Soviet Union will be April 6th, 2023. Zelensky stood up on February 23rd, 2022 and said he wanted to restore nukes in Ukraine in direct violation of all the agreements since 1991. The next day Putin invaded.

John McCain was there at Maidan promising US support to overthrow Yanukovich and to create a revolution against Russia. It was John McCain who was pushing to fund the proxy way against Putin in 2014. In December 2016 after Trump was elected, he traveled to Ukraine promising military support to wage war on Russia backing the neo-nazis. Trump rejected that and that is why McCain hated Trump. McCain has been pushing war with Russia all along. It was the US-installed “interim” government in 2014 that began the civil war attacking the Donbas and the Minsk Agreement was brokered by Germany and France to allow the Donbas to vote on their separation from Ukraine. Zelensky has refused to recognize that agreement.

Zelensky promised peace and the end of corruption. He has done the exact opposite. He rejected Henry Kissinger’s advice to let the Donbas vote. Zelensky would rather destroy his entire country than yield “one inch” to Russia.

I am deeply concerned that if Putin falls for any reason, we are looking at significant risk and our computer’s forecast back in 2013 that Ukraine will be the hot sport, is exactly on track. Russia has its hawks just as we have had to endure John McCain who has supported endless wars for his personal vendetta. Despite his death, other has taken up the agenda and are working hard for war with Russia and the Hawks are doing in Russia and China right now. The smartest play they can make is to attack Taiwan and go fully into Ukraine simultaneously. The West is economically too weak to support a war on two fronts simultaneously. I cannot believe our world leaders are this stupid.

Allow the Donbas to vote and monitor it by independent observers from both sides. The people are predominantly Russia and they are Russian Orthodox, which Zelensky has also outlawed their religion. It will be hands down that they vote for their independence. The alternative is not something we really want to head into cheering for our own destruction on both sides.

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.

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.

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.

Hillary Clinton Compares Trump Supporters to Nazi’s Following Hitler, as Baseline for Denying Autocracy of Democrats


Posted originally on the conservative tree houe on September 24, 2022 | Sundance

There it is again. A lot of attention is being paid to the remarks by Hillary Clinton where she compared President Trump MAGA rallies to Adolf Hitler rallies and President Trump supporters to Nazis. However, that’s not the dynamic that should be emphasized.

The real issue at the heart of the leftist nonsense is the part where they keep contrasting “democracy” vs “autocracy.”

It’s an issue I keep referring to {Here and Here and Here} because their nonsense is so easy to deconstruct.  Never has there been a more obvious example of Democrats acting as unilateral Autocrats as was exhibited during the COVID-19 crisis.  Biden literally mandated a vaccine.  Democrat governors and officials literally mandated rules and regulations by fiat with zero representative input.

For a full year of COVID-19, Donald Trump never dictated a single mandate and deferred everything to the states.  Trump’s unwillingness to force action, including federal mask mandates, became an election year campaign issue.  However, as soon as they took power, the Joe Biden authoritarian government, in combination with the state leaders who supported it, instantly became most autocratic, non-democratic, leaders in modern U.S. history.  Yet, in order to retain their insane ideological projection, all of them – including Hillary Clinton in this soundbite – must deny and pretend not to know that reality.  WATCH:

[Transcript] – “I remember as a young student, you know, trying to figure out how did people get, um, basically, bought in by Hitler?  How did that happen? And I watched newsreels and I’d see this guy standing up there and ranting and raving, and people shouting and raising their arms, and I thought – what’s happened to these people, why did they believe that?  

“I saw the rally in Ohio the other night, Trump is there ranting and raving for more than an hour, and you have these rows of young men with their arms raised. I thought, what is going on?  So, there is a real pressure, and I think it is fair to say we are in a struggle between democracy and autocracy.”

“You know, I believe one of the reasons that Putin decided ‘what the heck, I’m going to go invade Ukraine, I’m going to go and take them over, you know in three or four days’, is because he assumed if Trump had been reelected, Trump would have pulled us out of NATO, and then Trump didn’t end up back in the White House.”  

Man, I would love to have a few minutes with these knuckleheads, ask questions and challenge their bulls**t.

The History Books Will Prove This is an Industrial Example of The Great Pretending


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

This is epic. This is like listening to Grandpa rail against the Federal Reserve and central banks without realizing the motive behind what the Federal Reserve and central banks are doing.   This is the best example to date of the misconception behind ‘The Great Pretending.’

U of Penn, Wharton Business School professor of finance, Jeremy Siegel, rails against Jerome Powell and the central bankers for raising interest rates into a collapsing western global economy.  Everything, everything he outlines, is essentially accurate about the damage being done to western economies. …. Except the biggest realization and acceptance is missing…. It’s being done by design.  The people he outlines are not making a mistake, they are doing it on purpose.  First, WATCH:

The U.S, EU, CA, AU and western economic central bankers did not respond sooner to the inflation crisis (2021) because the central banks were waiting for the politicians in their systems to establish the energy policy that their pre-planned action was intended to support.  [<- Reread that if needed].

Once the collective Build Back Better/Climate Change energy policy was established (2021), and after the resulting inflation created the justification for the central bank action, then -and only then- did the central bankers trigger the next phase of raising interest rates (2022) to reduce western economic activity and support the Build Back Better agenda.

All of this was by design.  None of this was by mistake.  The process, strategy and timing were all part of the Build Back Better agenda.  Purposefully created inflation, the result of the energy policy, was planned and used by the central banks to justify the rate increases.  It was a self-fulfilling prophecy built into the Build Back Better roadmap.

Now these ‘bankers’ are trying to collapse the economy to meet the reduction in energy production.  The bankers are supporting the political motives of the politicians.  This is all intentional.  Jeremy Siegel misses this core and fundamental aspect.   However, some of the lesser ideological western leaders (politicians) are starting to get ‘cold feet.’

The U.S, EU, France, Canada and Australia/New Zealand are ‘all-in.’   Joe Biden (U.S.), Justin Trudeau (CA), Jacinda Ardern (NZ), Emmanuel Macron (FR) and Ursula von der Leyen (EU) are unwavering and all in.  All of their central bank control officers are also all-in, including Christine Legarde (EU).  These unflinching ideologues are not going to budge, but some of the politicians within their economic systems are starting to get cold feet.

Japanese Prime Minister Fumio Kishida was the first to express reservations about the collective goal to sink their economy.  German Chancellor Olaf Scholz is also realizing he may not survive unless he cuts the cord tying him to the Build Back Better anchor of un-survivable renewable energy policy.  The recently installed British Prime Minister Liz Truss is also trying to untangle the knot tied by Boris Johnson, as her nation now suffers with double digit energy price increases.  These are the first fractures in the coalition since the Build Back Better agreement was made.

Jeremy Siegel is correct as to the outcome, but he -like almost all western financial pundits- are blind to the true motive.  Siegel is blaming it on incompetence, instead of going back to the original Build Back Better design as openly expressed by the central banks and politicians in 2020.   They were not hiding it.

The collective western leadership openly said this exact scenario was what they were going to do coming out of the useful COVID-19 pandemic.

The Western leaders openly stated they were going to use the time of lowered economic activity (created by the pandemic) as a gauge to measure and deploy a permanent change to the global system of energy development.  They were going to exit the pandemic with a new focus on climate change and new energy systems.

That pandemic “exit” was the gateway into the “economic transition” that all of the western leaders then began describing.

Throughout 2021 traditional oil, coal and natural gas exploitation was reduced by policy.  Inflation skyrocketed while the central bankers waited like kids playing double-dutch jump rope.  Wait,…. summer 2021…..  wait, fall 2021….. wait, winter 2021… wait, spring 2022…. and then, after the energy policy cemented,…   “NOW” run in and jump – Summer 2022, with the rate hikes.   The timing was by design.

Can you see it now?

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.