Category Corrupt White House

Apr 27 2023

REMINDER: Inflation was at 1.4% When Biden Took Office


Armstrong Economics Blog/Inflation Re-Posted Apr 27, 2023 by Martin Armstrong

Inflation was only 1.4% when Biden took office. He began implementing policies on his first day that directly created the energy crisis in the US. He refused to reopen the economy under the pretense of COVID for as long as possible, disrupting the supply chain and damaging small businesses. Biden has created multi-trillion dollar spending programs that saddled the nation with more debt and increased price volatility. His team has been working to divide the people and create civil unrest. I could go on about his failures, but his worst move was involving America in the Russia-Ukraine war. Inflation has steadily risen to unsustainable levels nearly every month since Biden took office.

Biden’s team toys with the numbers to tout that inflation has gone down, but they are comparing the high and low both created under Biden. Wages cannot support the increase in costs and absolutely no one is better off under Biden. Considering the dire situation, it is infuriating that the US had a 1.4% inflation rate not long ago.

Inflation has soared by over 15% since Biden’s inauguration in January 2021. The “Presidential Inflation Rate,” (PIR) developed by the Winston Group, measures a president’s progress in handling inflation over time, from their inauguration month to the month of the most recent CPI report. As of March, inflation under Biden is 15%, which makes him the most inflationary president since Carter. Biden’s 24% “Presidential Inflation Rate” for rising electricity costs is higher than any of the previous seven presidents as it is now up 37.2%. The cost of food rose 18.3% under Biden, and eggs alone have soared by nearly 80%. Shelter costs are now at a 42-year high, and Biden’s PIR for rent has surpassed 13.5%.

Joe Biden takes no responsibility for the inflation caused by his policies and failures as a president. Inflation will continue to increase under Biden. He has absolutely no plans to address the issue, and the legislation he creates to address the problem only exacerbates it. Biden is a corrupt politician who lines his pockets with money from Ukraine and China. The investigation into his crime family that the media is sweeping under the rug reveals the truth. This man needs to be removed from office immediately, but the people alone must decide when they’ve had enough.

Apr 27 2023

Biden’s Let’s Finish the Job


Armstrong Economics Blog/Politics Re-Posted Apr 27, 2023 by Martin Armstrong

Biden’s announcement that he is running was crafted like a Twitter post – not live and posted at 6AM. His message is highly questionable for all he is saying is that the Republicans are radicals and therefore vote for him and he will maintain the status quo. There is a void of any new proposal and there is undoubtedly no message about the economy or inflation that is running away and reducing the livelihood of the average American. Quite frankly, this is the most controversial campaign that naturally the media will never even discuss. How do you “finish the job” without knowing what has been accomplished and what remains “finished” in a second term? The total absence of any claim that he accomplished anything from COVID to having 7 aids that are LGBTQ leaves a huge void.

The Republicans, on the other hand, are simply rolling out the same agenda of restraining the debt ceiling which will only work to undermine the entire socialist agenda and that is way too late. The warmongers in the Republican Party would rather spend money throwing it into the Ukrainian Black Hole where we are paying the entire salaries and pensions of Ukrainian government officials with no restraint on their salaries whatsoever. So we are to cut the benefits of Americans but keep funding Ukraine? Sorry, that is not an agenda I would be voting for.

Then there is the Abortion issue so they are fighting well-organized propaganda where even Supreme Court Justice Ruth Bader Ginsberg said when she got to the Supreme for Roe v Wade, that it was all about population control and eugenics – not women’s rights.

The defense of Roe v Wade is actually hypocritical for the Democrats. The main support comes from Gates and Rockefeller Foundations and it is covertly supported by the United Nations. This is all about the Planned Parenthood agenda to provide abortions to minorities to reduce their population. Now you may think I am being a conspiracy theorist. However, back in 2009, Justice Ruth Bader Ginsberg bluntly told the truth, when she was for equal rights for women.

The Democrats successfully won the abortion argument and the Republicans never understood the issue. It is like asking a witness when was the last time you beat your wife. He will then try to defend himself saying never, and even say ask his wife if he ever beat her. She will say no, and then you argue of course she will deny being beaten out of fear you will beat her again when you get home. You created a no-win argument and changed the entire agenda and nobody understands how you manipulated the entire argument.

Ginsberg made it clear: “Frankly, I had thought that at the time Roe was decided, there was concern about population growth and particularly growth in populations that we don’t want to have too many of.” She spoke bluntly in an interview published in the New York Times Magazine which was an article on women on the court. So it was not simply a woman’s rights agenda. That was the cover story to hide the real agenda which has always existed – eugenics and to reduce the population of minorities.

The Republicans have been diverted to argue over religion and never noticed that the Democrats flipped Eugenics into Women’s Rights. This claim it is my body so it is my choice, was entirely ignored by the Biden Administration when it came to COVID Vaccines. Suddenly nobody cared if it was your body, you were being told to take the vaccine or lose your job.

The Republicans are too caught up in their old rhetoric to notice that they have been played like a fiddle and they are the monkey dancing to the organ-grinder’s tune. I fail to see any Republican charging in on a white horse to save the day. They are too distracted to even understand what day it is.

So when Biden says let’s finish the job, he refuses to even say what the job is.

Apr 23 2023

Dual Justice – IRS and FBI Finished Hunter Biden Investigation More Than a Year Ago…


April 22, 2023 | Sundance 

The context for the IRS whistleblower case of political interference in the Hunter Biden investigation gains a significant amount of context with this new revelation. According to NBC reporting the FBI investigation of Hunter Biden concluded a year ago, and the IRS investigation “completed more than a year ago.”

If the IRS and FBI completed their investigation, then where are the charges?   Now the ‘whistleblower claims’ start to make sense.

(Via NBC) – Federal prosecutors have considered charging Hunter Biden with three tax crimes and a charge related to a gun purchase, said two sources familiar with the matter.

The possible charges are two misdemeanor counts for failure to file taxes, a single felony count of tax evasion related to a business expense for one year of taxes, and the gun charge, also a potential felony.

Two senior law enforcement sources told NBC News about “growing frustration” inside the FBI because investigators finished the bulk of their work on the case about a year ago. A senior law enforcement source said the IRS finished its investigation more than a year ago.

The Washington Post previously reported that federal investigators believed they had gathered enough evidence to charge Hunter Biden with tax crimes and a false statement related to a gun purchase.

The decision on which charges to file, if any, will be made by U.S. Attorney David Weiss, who was appointed by President Donald Trump and retained by the Biden administration to continue the Hunter Biden investigation. There are no indications a final decision has been made, said the two sources familiar with the matter.

The IRS Criminal Investigation division, the Justice Department, the Office of the U.S. Attorney for the District of Delaware and attorneys for Hunter Biden declined to comment. (more)

According to the prior developments in the IRS whistleblower reporting, the “senior U.S. justice department official” who is interfering and lying under oath to congress is U.S. Attorney General Merrick Garland.

WASHINGTON — Attorney General Merrick Garland is the unnamed official whose sworn testimony before Congress is being challenged in a bombshell letter from an IRS whistleblower’s attorney that also alleges a coverup in the Hunter Biden criminal investigation, The Post has learned. (more)

The issue stems from Garland testimony to the Senate Judiciary Committee that Delaware US Attorney David Weiss would be able to investigate the Hunter Biden issues without interference from the DOJ, and that Weiss would be able to prosecute any crimes that may have occurred outside his Delaware jurisdiction.  As the story is evolving, Main Justice is not following the process as outlined by Garland, and the DOJ is actively involved in approvals or non-approvals of the investigative process.

The whistleblower’s attorney, Mark Lytle, appeared on Fox News with Brett Baier to outline the issues at stake in the matter and why congressional approval is needed before the IRS whistleblower can give specific evidence and testimony to the committees with jurisdiction.  WATCH:

https://youtube.com/watch?v=EADzW7gAeVw%3Ffeature%3Doembed

Knowing what we know about how Main Justice is being operated in the era of Joe Biden, I would not be surprised to discover that Deputy Attorney General Lisa Monaco is actually the main character in this DOJ manipulation.  AG Garland may be the front man giving what amounts to false testimony, but it is likely Lisa Monaco pulling the strings behind Garland that are making his congressional statements false.

Apr 20 2023

The Legislative Branch’s Biggest Leaker of Classified Intelligence, Rails Against Small Fry Ability to Leak Classified Pentagon Intelligence


Posted originally on the CTH on April 19, 2023 | Sundance 

Some insider threats are more equal than others; so goes the position of the nation’s biggest leaker of classified documents in modern history, and it’s not Jack Teixeira.

This story shows the importance of what was hidden by the combined efforts of the national security apparatus in 2018.

Readers here are familiar, but most Americans are not, with how Senate Intelligence Committee Chairman Mark Warner leaked a top-secret classified Title-1 FISA application in March of 2017.

Then the Vice-Chair of the SSCI, Senator Warner instructed Senate Security Director James Wolfe to leak the 82-page FISA application assembled against Carter Page.  On the afternoon of March 17, 2017, Wolfe took 82 pictures of the “Read and Return” document that was delivered to the SSCI basement SCIF by FBI Supervisory Special Agent Brian Dugan from the Washington Field Office.

Later that evening, Wolfe sent the images to journalist Ali Watkins using an encrypted messaging app.  Ms. Watkins then shared the FISA content with her peers and used the information to leverage a top-tier job at the New York Times.  The media were off to the races talking about FBI surveillance of the Trump campaign and using the leaked FISA as evidence of the ongoing investigation, later known as Crossfire Hurricane.   Three days later, March 20, 2017, after coordinating the intent of the narrative creation with Mark Warner, FBI Director James Comey publicly admitted the Trump-Russia investigation for the first time.

After James Wolfe was arrested for the FISA application leak, his defense lawyers threatened to expose the role of the Senate Intelligence Committee in the leak and subpoena the members as witnesses.  The Mueller/Weissmann team, then in charge of all DOJ operations that touched on Trump-Russia, took apart the evidence of Wolfe’s conduct, and DC Attorney Jessie Liu dropped most of the charges against Wolfe.  Mueller then ran cover for Mark Warner, and eventually – out of an abundance of caution to maintain the need for the coverup operation – the Mueller/Weissmann team then made the FISA application public. The rest is history.

Keep in mind, I could be civilly sued if anything written above as an asserted truth was false.  I’m not, because the truth is the defense.  All of this happened.

At the time of the Mark Warner TSCI leak, no one outside the DOJ-FBI and Foreign Intelligence Surveillance Court (FISC) had ever seen a FISA application.  Heck, in 2017 through early 2018, it was considered a classified intelligence breech to even discuss the FISA process, the procedures or the court itself.  People forget that.

The 2017 leaking of the FISA application was the biggest national security breach in years, perhaps seconded only to the 2017 leaking of the TSCI transcript from National Security Advisor Michael Flynn’s call with Russian ambassador Sergey Kislyak, given to the Washington Post by the FBI a month earlier.

So, it’s somewhat hypocritical and ironic to see SSCI Chairman Mark Warner now railing against the Pentagon and Director of National Intelligence over not being provided the details of documents leaked by a low-level military servicemember in the Massachusetts Air National Guard.

WASHINGTON DC – The Senate Intelligence Committee is demanding the Pentagon hand over copies of all the classified documents leaked by Massachusetts Air National Guardsman Jack Teixeira.

The 21-year-old serviceman was accused by the Department of Defense of leaking “sensitive and highly-classified material” into a chat on the encrypted communications platform Discord. It then made its way onto other social media platforms. He was charged on Friday.

In a letter addressed to Defense Secretary Lloyd Austin and Director of National Intelligence Avril Haines, Senate Intelligence Committee Chairman Mark Warner, D-Va., and ranking member Sen. Marco Rubio, R-Fla., said the leak prompted concerns about “serious deficiencies” in the government’s security protocols.

“According to public reporting, A1C Teixeira began sharing classified information and classified documents within a social media platform as early as December 2022—nearly four months before the government’s discovery,” the letter, obtained by Fox News Digital, read. “These disclosures indicate serious deficiencies in the government’s insider threat and security vetting protocols.”  (read more)

Apr 18 2023

Why Does the ECM Work On So Many Things?


Armstrong Economics Blog/Uncategorized Re-Posted Apr 17, 2023 by Martin Armstrong

COMMENT #1: Hi Martin, corn also turned nicely on the ECM:

JB

COMMENT #2: Hello Marty, I just want to point out that the Japanese yen broke really hard on the 10th. Not sure if this will prove to be a precursor of what is to come.

Thanks from Tokyo, your old home ground.

AS

COMMENT #3: Well the ECM also marked the reversal in trend in the 30-year bond. It peaked at 134 and fell to 130 by the end of the week. That was just remarkable.

Colin

COMMENT #4: Martin; is this chart real that people are sending around claiming it was Benner’s work?

Mat

ANSWER: As far as this chart of Brenner’s Cycle being real, the answer is no Someone has made it up and signed his name. They have at least extended his cycle correctly. The last time someone tried that they skewed the cycle to make it look like it forecast the Depression 1932 low.

When the WSJ published it, it showed 1932 instead of 1931. Brenner did not extend this out in this manner. What is important to understand is that Brenner was a farmer and farmers understand the cycles in nature. Economists and governments pretend they can smooth out the cycle and eliminate the booms and busts.

The business cycle always wins as both former chairmen of the Federal Reserve conceded – Arthur Burns and Paul Volcker.

Back during the 19th century when Brenner was observing the business cycle, it was still based on commodities. Kondratieff took the same data. I believe the reason WHY the Economic Confidence Model has been so accurate is that it was based on a list of Panics – not one sector of the economy. Therefore, the ECM incorporates weather as Brenner and Kondratieff did by using the commodity sector. Yet just that the ECM was derived from financial panics, it was not based on any one specific type so it strangely seems to have incorporated the whole gambit.

Furthermore, all previous cyclical analysis was based on just a single market like stocks. They have failed because they could not account for the external influence of a contagion. The fact that this list began with the Turks’ siege of Vienna, means that the list was also influenced by war and from an international perspective.

This is a fascinating subject that I will explore in far more detail in my coming book.

Apr 17 2023

Cathay Bank Reveals Biden Crime Family’s Activities


Armstrong Economics Blog/Corruption Re-Posted Apr 17, 2023 by Martin Armstrong

The Biden crime family’s activities are coming to light after a bank with ties to China handed over records to Republican lawmakers. Senator Ron Johnson of Wisconsin and Senator Charles Grassley of Iowa reached out to numerous banks for information without luck. “We are investigating the domestic and international business dealings of President Biden’s son, Hunter Biden, and other Biden associates and family members to determine whether these activities compromise U.S. national security and President Biden’s ability to lead with impartiality,” they stated in a joint letter. Cathay Bank was the only bank that was willing to aid in the investigation.

Cathay Bank revealed that Rob Walker, a Biden family associated, received a $3 million payment from a Chinese firm. Walker distributed these funds to the Bidens the following day. The alleged payments were made to Hunter Biden for $610,692; the president’s brother James Biden for $360,000; Hunter’s mistress and wife of deceased son Beau, Hallie Biden, for $25,000; last of all, $70,000 was paid to an unknown Biden. Twelve additional transactions are currently under investigation.

The corruption began while Biden was Obama’s vice president. As indicated in the joint letter:

“The convergence of the Biden family’s political and business lives began during the Obama-Biden Administration. Obama Administration White House visitor logs show Hunter Biden’s business partner visited the White House at least 27 times during President Biden’s vice presidency. Hunter Biden’s business partner—Eric Schwerin—was later nominated for a position in the Obama-Biden Administration and handled then-Vice President Biden’s tax returns while he was in office and Schwerin was president of Rosemont Seneca Partners— another Hunter Biden-affiliated company. Republicans must track the dollars to uncover whether the current President himself benefitted from these transactions and whether the payments were from nations opposed to U.S. interests.”

Now-defunct CEFC China Energy, with direct ties to the Chinese Communist Party (CCP), wired $1 million to one of Hunter’s business ventures called Hudson West III. Northern International Capital Holdings, a CEFC associate, sent $5 million to Hudson West III. Hudson West III used the money to send $4.8 million to Owasco P.C. and Owasco LLC, and Lion Hall Group, owned by the president’s brother James Biden. Owasco P.C. sent over 20 wire transfer to Lion Hall Group. Hunter received a $500,000 a month retainer from Hunter West III on top of a $100,000 per month fee. I am assuming that is a lot of crack. James Biden received $65,000 per month.

Senator Johnson believes the CCP may have more dirt on the Biden’s and called this release a warning shot. “They willingly gave us the documents that backed up the Treasury records. Is that a Communist Party’s shot across President Biden’s bow? Listen, this is some of the information we have. If you don’t toe the line and do things that please us, we will release even more information,” stated Johnson. The House Oversight Committee needs to take this matter seriously. America’s national security is at risk if the sitting president is compromised.

Apr 12 2023

Pentagon Confirms Document Leak


Armstrong Economics Blog/War Re-Posted Apr 12, 2023 by Martin Armstrong

There is a mole within the Pentagon and officials are eagerly seeking to find the source. Someone has been leaking classified documents to the public that include plans to involve the international community in the Ukrainian conflict. Someone in the intelligence community wants the public to know about America’s increasing involvement in the Russia-Ukraine proxy war.

A source close to Zelensky has said that Ukraine has scrapped previous war strategies due to the leaked information. The documents actually mention that the US has been spying on Zelensky himself, which comes as no surprise. Chris Meagher, the assistant to the secretary of defense for public affairs, said the leak is under investigation and that they do not know how much information has been leaked. Meagher claims some of the documents have been altered in an attempt to cover up the truth. He is reassuring allies “of our commitment to safeguarding intelligence and fidelity to our security partnerships.”

The documents were highly classified and contained information on how the US spies on its allies and enemies alike. The documents began appearing on Discord servers, 4Chan, and other platforms about a month ago, with over 50 sensitive documents now revealed to the public. The Five Eyes intelligence alliance, which includes Canada, Australia, New Zealand, and the UK, are now urging the US to rectify the situation immediately. Time will only tell what secrets these documents reveal.

They could not deny that the papers were real. We have seen how the intelligence community treats those who expose the truth like Edward Snowden who must live out his existence in fear. The source knows the risks and will likely risk their life to expose the truth.

United States Code at 18 U.S.C. § 2381

Whoever, owing allegiance to the United States, levies war against them or adheres to their enemies, giving them aid and comfort within the United States or elsewhere, is guilty of treason and shall suffer death, or shall be imprisoned not less than five years and fined under this title but not less than $10,000; and …

Apr 10 2023

Poor Kids (documentary)


Armstrong Economics Blog/North America Re-Posted Apr 10, 2023 by Martin Armstrong

This documentary is extremely hard to watch but accurately depicts the hardships millions face in the modern industrialized world. We cannot turn a blind eye to the pain and suffering that poverty creates. This is happening today in the wealthiest country in the world.

Below is an update from the documentary that aired in 2012. There was a slight glimpse of hope when Obama left office and the economy improved under Trump. Still, the funds we send overseas are needed at home. Those with the least suffer the most when the economy turns down.

This a raw reminder to count your blessing on this Easter Monday.

Apr 8 2023

ABUSE of POWER is running rampant. How do you INTRODUCE EVIDENCE legally? UKRAINE up! PRAY!


Posted by And We Know originally on Rumple on: Apr 7, 12:32 pm EDT

Apr 7 2023

A Kennedy to Challenge Biden in 2024


Armstrong Economics Blog/Politics Re-Posted Apr 7, 2023 by Martin Armstron

(AP Photo/Virginia Mayo)

Robert F. Kennedy Jr, a moderate by the Democrat’s standards, has filed to run for president against Joe Biden. JFK’s nephew broke party lines when he began to speak out against vaccinations. He even wrote a book in 2021 entitled, “The Real Anthony Fauci: Bill Gates, Big Pharma, and the Global War on Democracy and Public Health (Children’s Health Defense).”

Many Democrats are outraged and have called Kennedy an undercover Republican. His own wife, a popular actress in Hollywoo(D), publicly stated that she does not support her husband’s views. “My husband’s opinions are not a reflection of my own. While we love each other, we differ on many current issues,” she stated. If you can’t win the support of your own family, it won’t be easy to convince the majority of the nation to vote in your favor. His sister Kerry who runs the Robert F. Kennedy Human Rights group, has also publicly voiced her opposition to her brother, calling his ideas “dangerous.” Some believe he is a nepotism candidate who has succeeded as a result of his last name.

“If I run, my top priority will be to end the corrupt merger between state and corporate power that has ruined our economy, shattered the middle class, polluted our landscapes and waters, poisoned our children, and robbed us of our values and freedoms. Together we can restore America’s democracy,” he stated before announcing his bid.

Anyone is better than Joe Biden, but his mental impedance makes him the ideal puppet for the Deep State since he cannot form his own thoughts. Kennedy’s views do not align with the Democrat’s agenda and he will struggle to find support from the DNC. A Democrat who opposed the COVID power grab is unheard of. Still, Biden struggles to speak coherently and his people are decreasing his public speaking engagements to hide his mental incompetence. The 2024 US Presidential Election will be an absolute fiasco if it is even permitted to take place.