Category Destruction of Power Distribution System the Grid

Sep 28 2022

Canada to End Vaccine Mandates


Armstrong Economics Blog/Canada Re-Posted Sep 28, 2022 by Martin Armstrong

Canada is finally ending the absurd COVID vaccine mandates. No, Trudeau did not come to his senses. The truth of the matter is that the majority of people dying from COVID are the triple and quadruple vaccinated. In fact, they account for 90% of COVID-related deaths in the past three months.

There is true mass psychosis surrounding the vaccination. It does not prevent transmission or infection. Despite that being a known fact, politicians are eager to promote the vaccine, along with the media that continues to push boosters on every platform available. People are bringing their babies and elderly loved ones to get the latest vaccine with lines out the door. What happens now when the mask falls and people realize the truth? There are people crying online that it is “too soon” to remove the vaccine requirement. It is cognitive dissonance. They cannot allow their brains to process that they were lied to for years. The vaccine only weakened people’s immune systems and made them more susceptible to COVID.

IT WAS NEVER SAFE AND EFFECTIVE.

I congratulate the Canadian Truck Convoy and all others who risked their liberty and lives to protest this false narrative. The silent majority has won, but at what cost? Countless lives were destroyed over this mandate. People lost their livelihoods and homes. Some who I personally know were forced to flee Canada as they were not willing to risk their health. Businesses were ruined. Families were separated as the demonized unvaccinated could not even enter Canada. Lives were completely uprooted due to this vaccine mandate imposed by the Trudeau Administration.

And now they want to pretend everything is ok and sweep it all under the rug. No. We should remember what Trudeau and the globalists did to the people. The unvaccinated were gas lighted and banished from society for years. The people were threatened in every way possible until they agreed to submit to the government’s order. We now see how much control the government has over the people. Public confidence will never be the same.

Sep 28 2022

Tucker Carlson Discusses Nord Stream Pipeline Sabotage, Almost Certainly a U.S. Covert Action Against Russia


Posted originally on the conservative tree house September 27, 2022 | Sundance 

Tucker Carlson accurately outlined the most likely suspect of the sabotage against Russia’s Nord Stream I and II pipeline today.  When you consider the media blitz by Joe Biden’s National Security Advisor, Jake Sullivan, last weekend (ABC, CNN, NBC and CBS); specifically pointing out the U.S. position against Russia; it is almost a certainty that U.S. action was behind the underwater detonation of explosives to take out Nord Stream pipeline system.  WATCH:

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Sep 27 2022

Newsom Begs Illegals and Out-of-State Citizens for Votes


Armstrong Economics Blog/Politics Re-Posted Sep 27, 2022 by Martin Armstrong

The left is so afraid of a red wave this November that they will do anything to allow illegals to vote. California’s Gavin Newsom, who admitted his party is “getting crushed,” signed into law an act that will permit illegal immigrants to obtain an official government-issued ID. “We’re a state of refuge – a majority-minority state, where 27 percent of us are immigrants,” Newsom said after signing the legislation. “That’s why I’m proud to announce the signing of today’s bills to further support our immigrant community, which makes our state stronger every single day.”

“I mean, if we are going to be realistic, they pay you to be homeless here.”

In addition to providing illegals with government IDs, Newsom is campaigning for votes in other states. His campaign has placed billboards in seven states, urging women to move to California where abortion is legal (a bit odd since women do not exist in woke America). Newsom placed billboard and newspaper ads across Texas to criticize the state’s gun laws, claiming California is so much safer. He has even run commercials in Florida to beg people to move to California.

Newsflash: people live in other states because they do not want government tyranny and sky-high taxes. Democrats love saying that “Democracy is under attack” while threatening to remove our freedoms. The exodus from California continues as civilians and businesses can no longer handle living under Newsom.

Sep 14 2022

Flashback, July 24, 2019, Robert Mueller “Not in My Purview”


Posted originally on the conservative tree house on September 14, 2022 | Sundance

From the latest court filing by Special Counsel John Durham, we learn that Robert Mueller’s FBI investigators interviewed Christopher Steele’s primary Source, Igor Danchenko, on June 15, 2017.

In addition to being on the payroll of the FBI since March as a confidential informant, exactly two weeks later, June 29, 2017, the Robert Mueller special counsel renewed the Carter Page FISA application to continue their exploitation of the comprehensive title-1 surveillance warrant against the Trump administration.

Additionally, within the court filing against Igor Danchenko, we find that FBI personnel from Robert Mueller’s team interviewed Christopher Steele:

Now consider this specific line of questioning of Robert Mueller, conducted on July 24, 2019, after the Mueller special counsel published their report.  The questioning is from New York Representative Elise Stephanik to Robert Mueller on the specifics of the special counsel questioning Christopher Steele and/or his source, Igor Danchenko.

Keep in mind, ONLY ROBERT MUELLER knew at the time of this questioning that Igor Danchenko remained a paid confidential informant at the time of his answers.  WATCH:

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AFTER originally interviewing Danchenko in January and February 2017, in March the DOJ/FBI then reinterviewed him before refiling the second FISA renewal in April.   With Danchenko on their payroll they FBI did not need to worry about him undermining the Trump-Russia narrative or speaking the truth about the dossier.  This approach protected the fraudulently obtained title-1 surveillance warrant.  The surveillance warrant was renewed in April.

AFTER Robert Mueller is appointed special counsel in May 2017, with Danchenko on the FBI payroll and under control.  When Danchenko is interviewed on June 15, 2017, he is being interviewed as part of the Mueller operation. Special Counsel Robert Mueller and Andrew Weissmann now submit the FISA application for another renewal on June 29, 2017.  The fraudulently obtained title-1 surveillance warrant was again renewed.

The reason to keep Danchenko on the FBI payroll is to mitigate any risk he might present if he were to speak.  A corrupt FBI network in Washington DC put a control mechanism over Danchenko in order to preserve their surveillance warrant, which was built upon fraud by using the Steele Dossier. They renewed the surveillance warrant twice more (April and June) while Danchenko was a paid confidential informant.

As you can see from the Durham filing, a controlled Danchenko was then handed-off to the Mueller probe, who kept Danchenko on the FBI payroll throughout the Robert Mueller investigation (ended in April 2019) until October 2020 when Danchenko was dropped by the FBI and John Durham “officially” took over and was appointed special counsel.

On July 24, 2019, when Robert Mueller is answering the questions about Chris Steele, the dossier and the Steele sources therein, Mueller was able to deflect and dodge answering the questions about it because AG Bill Barr put John Durham into place in May 2019.

AG Bill Barr put John Durham into place in May 2019, immediately following Robert Mueller’s completed investigation, April 2019, for this exact reason.

It is one long continuum.

Sep 14 2022

The Machiavellian Intent of John Durham Surfaces inside His Court Filing, Outlining the FBI Hiring of Igor Danchenko as Confidential Informant


Posted originally on the conservative tree house on September 13, 2022 | Sundance

This is sickening to read, and perhaps even more sickening to accept.  CTH has long outlined the belief that Bill Barr was the Bondo application to cover the DOJ and FBI institutional rot, and John Durham was the ongoing spray paint application.

The bottom line is an ongoing DC operation to preserve the institutional credibility of the justice system. A credibility, which is – at this point, entirely destroyed – yet the effort continues.

In a court motion today [pdf HERE], special prosecutor John Durham outlines the case against Christopher Steele’s primary source, Igor Danchenko.  For more granular information about the filing itself, visit Techno Fog [review article HERE].

The basic legal case brought by Durham is predicated on the notion that Christopher Steele’s source for his dossier, Igor Danchenko, willfully and intentionally lied to the FBI, and therefore Danchenko is guilty of purposefully misleading FBI investigators assigned to the Trump-Russia/”crossfire hurricane” investigation.

This is where we must stop pretending.  The Durham premise of a “duped FBI” is laughable on its face. No one in the FBI or DOJ-NSD was “duped” by false information from Igor Danchenko.

The lies, as they were with Clinton lawyer Michael Sussman, were well known to be false, yet materially beneficial to the unspoken intention of the DOJ/FBI, which was to target Donald Trump.   The corrupt intent of the DOJ and FBI is the basic rot John Durham was appointed to cover over.

John Durham is running a Deep State cover operation to protect the institutions of the DOJ and FBI from evidence of their prior activity. The bulls**t of pretending this is not his motive is, well, quite simply nonsense and needs to stop.  Look at today’s filing itself, overlay the timeline and you can see the corrupt intention of the FBI and John Durham’s clear objective is to cover for them.

The big picture takeaway is right there on the second page.  Pay attention to the dates.

CONTEXT – From January 2017 through October 2020 the FBI was using Danchenko as part of its investigation.  This includes the entire timeline of the Robert Mueller and Andrew Weissmann special counsel operation which took place from May 2017 to April 2019.

Danchenko was Christopher Steele’s primary source for information he put into his “dossier”.   The DOJ-NSD and FBI used the Steele Dossier in lieu of a valid ‘wood’s file’ to support the FISA surveillance and search warrant application against Carter Page.  The title-1 warrant gave the DOJ-NSD and FBI the ability to conduct surveillance over Donald Trump as a candidate and as a President.  The warrant was issued in October 2016 and renewed thrice in 2017 (Jan, April, June).

The warrant was used to conduct electronic surveillance of President Trump during the time he was in office.  Robert Mueller and Andrew Weissmann renewed the warrant to support their targeting of Trump and officials in his orbit.  Most of the evidence gathered by Weissmann/Mueller was captured using surveillance legally authorized by the FISA warrant.

Without the Steele Dossier, there wouldn’t be evidence to support the FISA application.  Without the FISA warrant there wouldn’t be legal surveillance of Trump.  This is the importance of the Steele Dossier and as a consequence the importance of Igor Danchenko who provided the fabricated material within the dossier.

♦ We already knew from the Inspector General report on the Carter Page FISA application, the FBI had interviewed Danchenko in January of 2017, within days of filing for the first renewal of the Carter Page Title-1 surveillance warrant.   However, we learn today -for the first time- the FBI hired Danchenko as a “paid confidential human source” following that interview.

According to Durham, Danchenko remained a paid informant of the FBI all the way to October 2020.  Not coincidentally the same time when John Durham was officially appointed by Bill Barr.

So, let’s just stand back and look at this bulls**t scheme for what it is….

The FBI interviews and questions Igor Danchenko in January 2017 about the information in the Steele Dossier.  Danchenko tells them the material he provided to Chris Steele was all hearsay, word-of-mouth, said in jest, bar talk.  Essentially, nonsense [OIG report on those encounters]

Danchenko tells the FBI the material in the dossier was crap.  Therefore, the underlying information that supported the FISA application was crap.

The FBI knows the information is crap, yet the FBI still used the dossier to get the first renewal of the FISA warrant (January 2017).  The original application (Oct. ’16) and the first renewal (Jan. ’17) are word-for-word and page-for-page identical. The FBI and DOJ added nothing; they simply re-filed the exact same documents for the warrant renewal.

AFTER the January 2017 interview, the FBI hires Igor Danchenko as a paid confidential human source.  This move can only be seen for what it was, the DOJ/FBI needed to mitigate the damage Danchenko could bring to their surveillance warrant authority, so the FBI hired him.

AFTER hiring Danchenko the DOJ/FBI then reinterviewed him before refiling the second renewal in April.   With Danchenko on their payroll they don’t need to worry about him undermining the narrative or speaking the truth about the dossier.  This approach protects their warrant.  The surveillance warrant is renewed.

AFTER Robert Mueller is appointed special counsel in May 2017, with Danchenko still on the FBI payroll and under control…  Special Counsel Robert Mueller and Andrew Weissmann now submit the FISA application for another renewal on June 29, 2017.

The reason to keep Danchenko on the FBI payroll is to mitigate any risk he might present if he were to speak.

As you can see from the Durham filing, Danchenko was kept on the FBI payroll throughout the Robert Mueller investigation and the special counsel also interviewed him several times.  When Danchenko is interviewed on June 15, 2017, he is being interviewed as part of the Mueller operation.   That interview was before Mueller renewed the FISA application on June 29th.

Igor Danchenko was kept on the FBI payroll from March 2017 through October 2020.

So, what happened in October 2020?

John Durham was officially appointed as Special Counsel by Bill Barr.

Follow the timeline:

Danchenko interviewed by FBI in January 2017. Tells FBI dossier is junk.

FBI hires Danchenko in March 2017 just before renewing the FISA they now know is based on junk.

May 2017 Robert Mueller appointed to cover up all of the DOJ/FBI corruption that existed in the Trump targeting.

June 2017 Mueller interviews Danchenko, then renews the FISA.

February 2019, Bill Barr enters as Attorney General.

April 2019 Robert Mueller completes investigation.

May 2019, Bill Barr appoints Durham just to look into things.  Immediately then begs Trump not to declassify any documents.  Trump writes executive order giving Bill Barr ability to review and declassify documents.

October 2020, Bill Barr officially (and quietly), makes John Durham a special counsel.  We don’t find out until December (after the Nov election).

October 2020, FBI drops Igor Danchenko as paid informant.

Put it all together and you see the continuum.

(1) Donald Trump was being targeted by a corrupt DOJ and FBI.  (2) Robert Mueller was installed in May 2017 to cover up the targeting.  (3) When Mueller is nearing his completion, Bill Barr steps in to mitigate institutional damage from 1 and 2. (4) Barr maintains damage control and installs Durham. (5) Durham takes over the coverup operation from October 2020 (Danchenko safe to exit) through today.

Main Justice kept a bag over Danchenko until they needed a scapegoat, created by Durham, to sell a narrative that Main Justice was duped. John Durham is charging Danchenko (working outside govt) with lying to the FBI while simultaneously avoiding drawing attention to the FBI/DOJ officials (inside govt) who knew Danchenko was lying and were willfully blind to it in order to continue attacking and investigating President Donald Trump.

James Comey, Robert Mueller, Bill Barr, John Durham, the Mar-a-Lago raid…  it’s all one long continuum of the same targeting and coverup operation.

Bill Barr was the Bondo application and John Durham is the spray paint.

The entire system is corrupt.

Sep 10 2022

When a Clown Moves into a Palace


Armstrong Economics Blog/Uncategorized Re-Posted Sep 10, 2022 by Martin Armstrong

-Record-high inflation

-Proxy war with Russia

-Open borders

-Loss of energy independence

-Looming recession

-Reckless spending

-Woke agenda

-Increase in violent crimes

-Polarized nation

-Compromised elections

-America now seen as vulnerable to enemies

The list goes on and on…

Sep 10 2022

U.S. Household Net Worth Drops $6.1 Trillion in Second Quarter, Despite Home Values Increasing $1.5 Trillion


Posted originally on the conservative tree house on September 9, 2022 | Sundance

The U.S. Federal Reserve has published the second quarter 2022 balance sheet of U.S. total household wealth [DATA HERE].

In the second quarter (April, May, June) 2022, the total U.S. household wealth dropped $6.1 trillion, despite a calculated increase in home value of $1.5 trillion.  The majority of the loss is connected to a drop in Corporate Equity (stock market) and household investment in the stock market.

FED “The net worth of households and nonprofit organizations declined $6.1 trillion to $143.8 trillion in the second quarter. The value of stocks on the household balance sheet declined by $7.7 trillion, while the value of real estate increased by $1.5 trillion.”  Keep in mind this is backward looking data, and after a period of decelerating rates of growth, the overall real estate market is now in a period of decline as calculated for the most recent month of July [DATA].

The equity position of homeowners is now considerably less than the equity position when the feds calculated the second quarter household wealth (two months ago).  Part of the issue goes back to what we have been discussing with inflation and specifically energy driven increases in fuel and electricity.

Inflation sucks money out of the economy, making people less wealthy.  Energy inflation sucks money exponentially faster out of each household, potentially making the already working-class poor, much poorer.

The higher prices paid for housing, food, fuel and energy do not contribute to anything, the increased costs are just sucked out of the consumers’ pockets without generating any additional value.  It just costs more to live, and that reduces wealth.  Consider this the cost of going green.

Joe Biden and his economic team are introducing phrases like “a growth recession,” to explain a dynamic where earned wages are replaced by government subsidy.  You can no longer afford food, energy, housing etc, so the government steps in as the provider of subsidy based on income level to supplement the gap between wages and the new costs of products and services within the Biden created “green” economy.

However, in the bigger of big pictures, the government does not create wealth.  Wealth is created outside government by private activity.  Government income via taxation is lowered when the economic activity of the private sector drops.

There is currently a massive lag in recording dropped economic activity that is going to surface very soon.  The rate of energy price increase has been so large, so fast, the ability of producers to transfer the cost creates an economic lag.

Total product costs (except imports) are rising faster than finished good prices to consumers.  At the same time, consumer demand for goods has dropped dramatically due to the speed and rate of increased energy costs.  As a combined result, the equity market will likely continue to decline as each earnings report comes in lower than prior expectation.

Now, looking at wealth over time, what happens to the economic model of Biden when current housing value ($41.2 trillion) simply drops back to 2020 levels ($33.0 trillion a conservative real estate market correction)?

Continued higher prices to consumers, less money to government, less economic activity and lower household equity.   That’s trouble, big trouble.

Wave #3 of food inflation starts hitting hard next month as the increased costs at the field start to transfer through the supply chain from harvest to the fork.

WASHINGTON DC – […] The sour mood appears to stem from record food, energy and housing prices. Positive views of the grocery industry dropped 14 percentage points from last year, the biggest drop in the survey. The real estate industry dipped 9 points, the second-largest decline.

Just 22 percent of respondents reported having a positive view of the oil and gas industry, down from 28 percent last year. Twenty-nine percent reported having a positive view of electric and gas utilities, down from 36 percent last year. 

Grocery prices rose a stunning 13.1 percent over the last 12 months ending in July, the largest annual increase in more than four decades, according to Labor Department data. 

Housing affordability has fallen to its lowest level since the Great Recession, according to the National Association of Home Builders, with rents and home prices at record levels.

Gas prices reached an all-time high in June before falling slightly in recent months, while energy bills are also soaring amid huge demand for natural gas. (read more)

Meanwhile Biden’s economic team is bragging that Main Street is in better shape?

“The President’s first two years in office have been two of the most productive in American history, and as the Blueprint explains, these accomplishments are all part of one economic vision.”  (more)

Sep 9 2022

Deutsche Bank CEO Says a Recession is Inevitable


Armstrong Economics Blog/Germany Re-Posted Sep 9, 2022 by Martin Armstrong

Yet another head of the financial system is coming out and warning that a recession is inevitable. Deutsche Bank CEO Christian Sewing echoed the words of BoE’s Governor Andrew Bailey and blamed the coming recession on the war in Ukraine. “We will no longer be able to avert a recession in Germany. Yet we believe that our economy is resilient enough to cope well with this recession — provided the central banks act quickly and decisively now,” Sewing said.

Going a step further, Sewing blamed China along with Russia. “When it comes to dependencies, we also have to face the awkward question of how to deal with China. Its increasing isolation and growing tensions, especially between China and the United States, pose a considerable risk for Germany,” he warned. Around 12% of German imports and 8% of exports come and go from China. Sewing would like to see a declining dependency on China rather than strengthening their relationship.

Neither China nor Russia are to blame for Germany’s situation. Russia was simply a diversion to draw attention away from the collapse of the European economy. Negative interest rates beginning in 2014 wiped out pension funds and proved that the central bank was not thinking long-term. COVID restrictions killed the supply chain, and Germany’s insistance in backing Ukraine eliminated what could have been a lucrative pipeline. Had the pipeline gone through, Europe would not have an energy crisis! Ever since COVID, we have witnessed a rising trend of civil unrest. Politicians have been working hard to create war with Russia deliberately, all cloaked in their real objective of controlling the planet.

When the energy crisis is unavoidable for the average person and the standard of living declines, the politicians will point to Russia and China. The decline began long before Russia lined the border of Ukraine, and China is demonized for simply existing. They would never blame their fiscal mismanagement or detrimental policies for the undoable damage they have created. If Germany falls, all of Europe will follow.