Former economic and trade advisor Peter Navarro appeared outside the courthouse in Washington DC after his arrest. [Two Videos] WATCH:
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Full remarks and press conference below.
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Peter Navarro was the former Senior Trade and Economic Advisor to President Trump and a staunch critic former of U.S. policy toward China. The January 6th Commission demanded all his documented communication with President Trump and anything that might be related to the authorities of the J-6 Committee. Navarro did not comply with the Democrat subpoena from the committee.
Attorney General Merrick Garland, acting on the authority of Joe Biden, instructed the FBI to arrest Peter Navarro and bring him to federal incarceration.
Put in more clear terms, Joe Biden is arresting his political opposition for failing to reveal confidential and privileged communication with the former President.
Democrats are using the FBI as the federal police agency to arrest their political opposition. This is happening right now.
This is happening in the United States of America.
Think about it.
(VIA NBC News) […] Navarro, 72, was indicted by a federal grand jury on Thursday for contempt after snubbing a subpoena from the House committee investigating Jan. 6 seeking testimony and documents.
Court documents indicate that the government requested that Navarro’s indictment be sealed until his “arrest operation is executed.” The U.S. Attorney’s Office told NBC News that Navarro “is in custody pending the court appearance” later Friday. (read more)
There was a really bizarre dichotomy on display today within the teleprompter script prepared for Joe Biden to use.
Dear Leader took to the microphones to brag about his economic accomplishments and remind Americans how all good thinking people should be feeling:
[Source Transcript] – {Direct Rumble Link} WATCH:
Do you hear what he is saying? Americans have less debt, their savings are up, and they are more comfortable financially today than ever before.
If those remarks were based on reality, then why was the following segment stated exactly 52 seconds later in the same script?
…”one way we can make things a little better for families is by helping them save on other basic items their family needs on a monthly basis, like their utility bills, their Internet bills, their prescription drug bills, and other costs like housing. My goal is to make sure that at the end of the month families have a little more breathing room than they — than they have now.” (link)
These are not two different speeches; these are two paragraphs a few moments away from each other in the exact same speech. [Full Transcript Here]
This speech should ring massive alarm bells, not because of what is being said – but because the people behind Biden are just phoning in the propaganda now and not even trying to hide it or give the illusion of a president in control. No president, in command of the office and the issues, would read those two paragraphs of a prepared speech and not point out the literal hypocrisy his handlers were telling him to read.
Full Remarks, filled with denial, lies and some of the weirdest gaslighting to date.
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Examples from speech:
Democrat House of Representatives member David Cicilline (Rhode Island) delivered remarks during a congressional hearing about the second amendment rights of Americans. Within his prepared remarks Representative Cicilline says the quiet backroom part out loud and introduced the modern democrat perspective on the constitution. WATCH:
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When people show you who they are, what their priorities maintain and how they structure their outlooks, it is generally the best idea to accept it.
If constitutional rights are “bullshit,” then what control mechanisms remain to restrain excessive government power?
Saving money has become impossible for many amid 40-year high inflation. According to data from the US Bureau of Economic Analysis, the personal savings rate reached 4.4% in April after steadily declining from the 6% level seen in January. This marks the lowest rate on record since September 2008 amid the Great Recession.
People hoard and save when they are pessimistic about the future. That innate desire to save is not possible with inflation at 8.3%. For example, in April 2020, the lockdowns began to take a stronghold on the US. People were losing their jobs, basic necessities such as toilet paper were in short supply, and no one knew when life would return to normal (spoiler: it never will). Fears were high, but inflation was only 4.2%. The personal savings rate at that time reached a historical high of 33.8%, partially due to government handouts, social programs, and payment moratoriums.
People can hardly save with the current cost of living. If the economy continues to slide into a recession, survival will be the main concern rather than saving.
QUESTION: Marty; I have been a follower for years. Your model has correctly forecasted every major trend from civil unrest to disease. But your forecast that this wave would be commodity inflation based on shortages years in advance, proves that you deserve the Noble Prize. Absolutely no analyst did that although many now pretend they are forecasting this trend. I have to ask. Why is the government refusing to use your model?
HK
ANSWER: The entire economic field sells itself as the solution. They reject the idea of any defined business cycle BECAUSE that means there can be no manipulation. Just look at Schwab and his World Economic Forum, which will be one day cast as the evil emperor in some future version of “Planet of the Manipulators.” If they listened to this model and followed it, they would reject Schwab’s obsession with Marxism. As long as the economy is random, then they can manipulate it. Following my model strips them of that power.
There are still people in the former Iron Curtain countries that miss communism. Why? It is the same in prison. You become institutionalized and have no responsibilities, including taxes. Someone hands you a broom, you sweep the street, and it takes not a single mental thought of how to actually do the job. You can’t even be fired.
Joe Biden sought counsel today from New Zealand Prime Minister Jacinda Ardern about how best to remove firearms from Americans and force the U.S. economy to a dependency on renewable energy. Prime Minister Ardern took the top spot in the global progressive movement after the retirement of German Chancellor Angela Merkel.
PM Ardern, a remarkable smiley-faced fascist, now represents the face of modern global leftism and boned-up her progressive bona fides with the totalitarian New Zealand COVID policy. The corporate fascists within the World Economic Forum love the government compliance model represented by Ardern to the collective global society they are creating.
New Zealand has a population of 5 million people, and a GDP of $205 billion (about the same as Nevada). By comparison the U.S. has a population exceeding 350 million and a GDP exceeding $21 trillion. That said, during their White House meeting today, Joe Biden emphasized that he welcomes the assistance of PM Ardern in helping to guide U.S. efforts for firearm regulation and a comprehensive climate change driven renewable energy economy.
[Transcript] – […] You understand that your leadership has taken on a critical role in this global stage — and it really has — galvanizing action on climate change; the global effort to curb violence, extremism, and online, like happened in Christchurch.
And — you know, we want to be — I want to work with you on that effort. And I want to talk to you about what those conversations were like, if you’re willing.
The United States is, you know — it’s just been — there’s a — there’s an expression by an Irish poet that says, “Too long a suffering makes a stone of the heart.” Well, there’s an awful lot of suffering. We’ve been — I — I’ve been to more mass shooting aftermaths than, I think, any President in American history, unfortunately. And it’s — it’s just — so much of it is — much of it is preventable, and the devastation is — is amazing.
Yesterday — or not — the day before, I was up — I was down in Texas. And people sat in a room — about 250 of them in a large room — with me for almost four hours. Not — nobody left. They waited until aft- — until I spoke to every single person in that room. Every single person, they waited to the very end. And the — they — the pain is palpable.
And you’ve been one of our closest partners with a long history and friendship. Eighty years ago, Marines landed in New Zealand before embarking on — into the Pacific Theater in World War Two. And I think I told you, when I met my — my — two of my mother’s brothers who were in the Pacific — they used to be able to deploy at the same time in those days, in World War Two. And one was shot down in New Guinea. And they never found the body. But it’s — you know, it’s — the history goes back a long way — a long way.
And I want to, by the way, recognize New Zealand’s significant support for Ukraine, as a lot of Indo-Pacific countries are doing now. And — because this is more than just a regional war going on.
So, I look forward to our conversations today. We have a lot to talk about. And I’m really, really delighted to have you here — really.
PRIME MINISTER ARDERN: Thank you. And can I say, Mr. President, thank you, so much — so much —
PRESIDENT BIDEN: You — you can do anything you want.
PRIME MINISTER ARDERN: Great. (Laughs.) Thank you. And we really welcome this opportunity.
As you’ve said, we’ve spoken on several occasions. And what stood out to me on both those occasions were we traversed such similar issues, and not — not least, of course, our shared history.
You speak of your uncle’s service in the Pacific; my grandfather served in the Pacific. And I think that speaks to the personal connection but also the depth of our friendship and relationship as two countries.
We are in an incredibly difficult international environment. But also, domestically, it is extraordinarily challenging as well. And can I bring the sincere condolences of the people of Aotearoa New Zealand for what you have experienced in Texas and in New York? And it’s been devastating to see the impact on those communities.
Our experience, of course, in this regard, is our own. But if there’s anything that we can share that would be of any value, we are here to share it.
PRESIDENT BIDEN: Well, the work you’re doing with tech companies is really important, and I want —
PRIME MINISTER ARDERN: Absolutely.
PRESIDENT BIDEN: — to work with you there as well.
PRIME MINISTER ARDERN: And I absolutely look forward to updating you on some of the conversations we’ve had this week because I hold hope that we can make progress.
I also wanted just to acknowledge your leadership in bringing to the table the Indo-Pacific Economic Framework. And whilst, of course, we are significant advocates for the CPTPP, the IPEF presents a significant opportunity to build the economic resilience of our region. So, I look forward to having a bit of a discussion about that opportunity as well.
I also want to acknowledge your significant leadership on Ukraine and how important that has been not only to us as we’ve looked to play a role as well, but globally as we look to make sure that we strengthen the international response to what is a threat to our values and, of course, the territorial sovereignty of Ukraine.
I do want to finish on a note of optimism. Climate change also is one of the greatest threats that we face. And I believe that, in you, not only have we seen the leadership but the opportunity that exists between our nations to work together on this incredibly difficult issue that will only be resolved if we work together.
So, thank you. With — as you’ve seen, we’ve got a lot to discuss, so —
PRESIDENT BIDEN: We’ve got a lot to do. And I want to emphasize the last point you made: “working together.”
PRIME MINISTER ARDERN: Absolutely.
PRESIDENT BIDEN: We are not coming to dictate or lay down the law. We —
PRIME MINISTER ARDERN: Yeah.
PRESIDENT BIDEN: — we have more work to do in those Pacific Islands as well. I mean, we’ve — and so, we talked at length about — in the past about my trip to Japan and Korea and then dealing with the Quad. And so — but I think there’s a lot of opportunity —
PRIME MINISTER ARDERN: Yeah, I agree.
PRESIDENT BIDEN: — to make the world safer and deal with the environment.
PRIME MINISTER ARDERN: I agree. I agree. So, thank you.
PRESIDENT BIDEN: Thank you.
Thank you all very much.
Q Mr. President, will you meet with Senator McConnell on guns?
PRESIDENT BIDEN: I will meet with the Congress on guns. I promise you.
COMMENT: I just wanted to comment on your “Endless Propaganda Behind the Dollar.” I attended your 2011 WEC in Philadelphia. I bought the stock market using the Dow stocks when it was 12,500. Gold was about 1600 and your forecast that the high was in place was amazingly correct as it fell to nearly 1000 after that.
You have opened my eyes to the real meaning of Adam Smith and the wealth of a nation is the productive capacity not this archaic view of commodity-based money. I know friends who even lost their marriages over gold.
Some of us goldbugs do listen.
Thank you so much.
JE
REPLY: The wealth of a nation is its people and their productive capacity. Russia is the wealthiest nation in raw materials, it does not make them the #1 economy. Germany has kept its old-world economic model of export which is also a throwback to the olden days. Germany has been obsessed with the Quantity Theory of Money because of the hyperinflation they totally misunderstood. As a result, they keep their taxes very high and the German people are among the poorest in Europe despite the fact they are the #1 economy in the EU.
It’s not just the goldbugs who have lost, but these theories have screwed up the world economy. The central banks employ them to stimulate or suppress our demand, which has also failed. We have had negative interest rates in the EU since 2014 and economic decline. They have increased the money supply with NO impact on inflation at all post-2008. The inflation wave now is ONLY because of the lockdowns and shortages. It is not DEMAND driven and the dollar is rising, so it’s nothing to do with these old theories.
It does not matter. There are people who will fight what I say until the end. On the close of January 1980, the euro equivalent was 12285 and on the close of January 2022, it was 11236 so the dollar has risen not declined. Gold was $653 at the close of January 1980 and $1796 at the close of January 2022 which was a gain of about 175%. Crude oil closed in January 1980 at $20.18 and in January 2022 it was $88.15 which was about a 340% gain. Wheat for the same period was up 65%. But the Dow Jones Industrial Index was 875 at the close of January 1980 and 35,131 at the close of January 2022 posting a gain of 3914%.
Facts mean nothing to the diehards any more than facts mean anything to the climate change zealots. Will gold rise? Yes! Does it have a place in one’s portfolio? Yes. Silver coins may be better for small transactions when there is no power. But what will happen is that governments, in a desperate act of self-survival, will shut down communications, seize the internet, and seek to oppress the people before the government falls in the end. The German Hyperinflation had nothing to do with the quantity of money. In December 1922, the government seized 10% of everyone’s wealth and issued bonds that they defaulted on. That “forced loan” began the hyperinflation. People kept tangible assets anything but cash – coins, stamps, art, real estate. That is what 2032 is all about. We get to redesign a new government from the ground up.
The Democrats claiming that Blacks are too poor and too stupid to have ID to vote is all about creating fake votes so they can win. Even in Mexico to vote everyone has a voter ID with a photo and a fingerprint with a hologram to prevent forgery. So Mexicans are smarter people than American blacks? You can not travel without an ID. You can’t say gee, I’m poor and black, but I need to get on this plane even if I have no ID. This is all total BS and it is a desperate act by the Democrats to rig the game to ensure they can stuff the boxes with fictitious people who vote for a living and probably do not exist otherwise. I have blacks who work for me and it is a matter of law they too must have a SS# so the government gets their taxes from them.
The Kremlin has made it known that they will not evacuate troops from Ukraine until their victory is declared. “We are sure that everything will be fine, and we are sure that we will win, we will achieve all the goals,” spokesman Dmitry Peskov said. Russia has already downgraded “unfriendly states” to “hostile states” as Western countries are now directly involved. “Sometimes it seems that the very existence of Russia is a significant irritant for the collective West, and they are ready to do anything to prevent us from developing and living the way we want,” Peskov stated.
Kissinger suggested that Ukraine surrender some of its territories to Russia, as it is land that is composed of mostly Russian-speaking individuals who have not been allowed to vote on whether they’d like to remain under Ukrainian rule. “Negotiations need to begin in the next two months before it creates upheavals and tensions that will not be easily overcome. Ideally, the dividing line should be a return to the status quo ante,” Kissinger said, ““pursuing the war beyond that point would not be about the freedom of Ukraine … but a new war against Russia itself.” Furthermore, Kissinger is concerned that the West’s hostility will cause Russia to form a closer alliance with China.
Kissinger’s suggestion could end the war. Russia would feel as if they achieved the objective, and Ukraine would remain an independent country. Western nations would not need to spend billions of taxpayer funds on war while teetering on their own recessions. The food shortages due to the lack of wheat coming from Russia and Ukraine would end. Most importantly, the threat of the next world war would dissipate.
Zelensky’s advisor adamantly rejected the peace offer. “The shortest way to end the war – weapons, money, embargo,” Mykhailo Podolyak declared on Twitter. That may be the easiest solution for those in power, but it comes at the expense of the people. Ukraine and its Western allies will continue throwing money and fuel on the problem until the global economy crumbles so that they can reset it to their liking.
Dave Rubin of “The Rubin Report” talks about Jeff Bezos calling out Joe Biden’s inflation lies. Jeff Bezos attacked Joe Biden’s statement which connected inflation with corporate tax rates. Even Democrats like Bezos are turning on Biden as the US economy continues to tank amid inflation, supply chain problems, and market crashes.
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