Category Ecofascism

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 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

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.

Sep 24 2022

DeSantis Warns About IRS Agents


Armstrong Economics Blog/The Hunt for Taxes Re-Posted Sep 24, 2022 by Martin Armstrong

Sep 24 2022

TIR Introduction 1988 London


Armstrong Economics Blog/Armstrong in the Media Re-Posted Sep 24, 2022 by Martin Armstrong

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:

.

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

Sep 23 2022

The Bank of England All but Admits Recession


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

The Bank of England (BoE) all but admitted the UK is officially in a recession. Bank Governor Andrew Bailey stated weeks ago that there was nothing the central bank could do to prevent a recession at this stage. The Monetary Policy Committee (MPC) voted to raise rates by half a percentage point to 2.25%, marking the highest level since 2008. The markets were expecting a 75 bps hike, but the central bank is moving slowly and aiming to avoid panic.

The central bank foresees a 0.1% drop in GDP over the next three months after experiencing a 0.1% decline last quarter. The CPI report for August came in at 9.9%, which is only a slight drop from July’s 10.1% reading. Winter is coming, and that is when the full impact of the energy crisis will be felt. The BoE believes inflation will rise to 11% in October when energy caps are altered. Like the Federal Reserve, the BOE is a long way from its 2% inflation target and relied on QE for far too long.

The dollar’s strength continues to cause a devaluation in sterling as the USD is seen as the last safe haven.

Sep 22 2022

KASH PATEL: THE REAL REASON DEM RUN COUNTIES ARE NO LONGER SAFE


The Charlie Kirk Show Published originally on Rumble on September 21, 2022

A very good discussion with a good idea!

Sep 22 2022

Putin is at War with the West – Not Ukraine


Armstrong Economics Blog/War Re-Posted Sep 22, 2022 by Martin Armstrong

Vladimir Putin’s recent speech is making headlines as people falsely claim Russia is about to launch an all-out nuclear attack. Putin is sticking to his same plan and says it in his opening statement: “The subject of this address is the situation in Donbas and the course of the special military operation to liberate it from the neo-Nazi regime, which seized power in Ukraine in 2014 as the result of an armed state coup.” Russia must now play defense as they are no longer simply battling Ukraine.

Putin stated that in 1991 the West prided itself on dividing the USSR, and believes “now is the time to do the same to Russia, which must be divided into numerous regions that would be at deadly feud with each other. They decided these plans years ago.”

Putin knows that he is fighting a NATO offensive and not simply Ukraine and directly calls out Washington, London, and Brussels. He correctly stated that the West first set out to demonize Russia and spread “Russophobia,” as they did during the Cold War. NATO and the West are now the opponents of Russia in this proxy war, while the Ukrainian people are merely cannon fodder used to usher in this new world.

Putin has been trying to reclaim land since 2014. He had no plan to seize Ukraine, but did want to reclaim the Donbas. This is much bigger than Russia v Ukraine as he fears he must act on the offensive against most of the world’s superpowers who want to seize Russia. They are shoving endless funds into Ukraine because they expect a prize in the end. Putin stated that he attempted peace talks, but the West shot them down because they craved war.

“After the start of the special military operation, in particular after the Istanbul talks, Kiev representatives voiced quite a positive response to our proposals. These proposals concerned above all ensuring Russia’s security and interests. But a peaceful settlement obviously did not suit the West, which is why, after certain compromises were coordinated, Kiev was actually ordered to wreck all these agreements.

More weapons were pumped into Ukraine. The Kiev regime brought into play new groups of foreign mercenaries and nationalists, military units trained according to NATO standards and receiving orders from Western advisers.”

This will not end well; the West made it clear that peace would not be an option. Zelensky is simply the face of a much larger plan at play that involves an ongoing plot to seize Russia, which has been happening behind the scenes for decades.

Sep 18 2022

Harvard Attorney and TikTok Influencer States Soros Funded Group Offered to Pay $400 For Anti-Trump Propaganda Video About January 6th


Posted originally on the conservative tree house on September 17, 2022 | Sundance 

(HatTip Twitter and The Gateway Pundit) Attorney Preston Moore received his JD from Harvard Law School and currently works at a law firm Beasley Allen in Atlanta, Georgia.  Mr. Moore does videos on TikTok and is considered a well followed influencer on the social media platform.

Mr. Moore recently disclosed on a video that he was contacted by a person from the Good Information Foundation, a non-profit arm of the Good Information Inc organization.  {Direct Rumble Link} Good Information Inc was founded by billionaires Reid Hoffman and George Soros {citation}.  Mr Moore recently stated in one of his videos that he was offered $400 by the Good Information group, to spread false and defamatory information about President Trump related to the January 6 investigation.  WATCH:

According to a 2021 article by Axios, “Good Information Inc. aims to fund and scale businesses that cut through echo chambers with fact-based information. As part of its mission, it plans to invest in local news companies. The group [is] led by Tara McGowan, a former Democratic strategist who previously ran a progressive non-profit called ACRONYM.” {citation}

Put it all together and what we have is George Soros funding a progressive entity under the auspices of providing “Good Information,” that is actually political disinformation and false claims intended to do damage to political opposition and create false narratives.  Mr. Moore is outlining is intentional fraud, funded by George Soros and organized by Democrat strategist Tara McGowan.