Payback For Backstabbing – Lee Zeldin Endorses President Donald Trump


Posted originally on the CTH on April 24, 2023 | Sundance 

A well-timed counterpunch against the duplicitous backstabbing by Ron DeSantis that took place in August of 2022 is delivered by former New York Congressman and former New York Governor candidate Lee Zeldin today.  Zeldin endorses Donald Trump for the 2024 GOP nomination:

[SOURCE]

If you have followed the deep weeds of GOP politics, you already knew this was likely.

At a key moment in the New York governor race, in late August of 2022, shortly after the Mar-a-Lago raid, Florida Governor Ron DeSantis was scheduled to be keynote speaker at a New York City Zeldin dinner/fundraiser.  Before the fundraiser, DeSantis went to pick up a six-figure donor check from Billionaire developer Joseph Cayre of Midtown Equities.

Cayre told DeSantis that he supported Zeldin’s Democrat opponent Kathy Hochul.  The contingency for the contribution appeared to be that DeSantis would cancel attendance of the dinner for Zeldin.  DeSantis took the Cayre donor check and at the last minute cancelled his attendance at the Zeldin dinner. {GO DEEP}

[…] While unable to attend the evening event, DeSantis was in Deal, New Jersey, earlier in the day at the home of Jay Cayre, head of Midtown Equities, sources told The Post. (link)

Team DeSantis tried to sell a story about an emergency funeral the following day for slain police officer Jose Perez as the reason for his cancellation.  However, we did a deep dive on the details and the timeline, and nothing matched the claims by DeSantis. {GO DEEP}

Officer Perez died on August 20th.  The funeral was announced by the family and FDLE on August 26th, to be held August 29th.

When DeSantis left Florida on August 28th to pick up the check from Cayre and then attend the dinner later that night, he was well aware of the Perez funeral the next day.  DeSantis took the time to pick up the check, then cancelled the evening dinner with Zeldin.

Two months later, long after the value of the fundraising would have been useful, on October 30, 2022, DeSantis made a return trip to New York to fulfill his obligation.

With only a week left before the 2022 mid-term election the value of the “fundraising window” had closed.  DeSantis made an innocuous speech about police officer support, and then left New York.  Essentially Zeldin was railroaded by the financial priority of the Florida Governor.

Actions create consequences.

Today, Lee Zeldin endorsed President Trump – who was very gracious in his appreciation and acceptance:

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So, that’s how that happens….

Tucker Carlson Outlines the Ramification of Trillions in U.S. Treasury Bonds No Longer Needed as Global Securities


Posted originally on the CTH on April 5, 2023 Sundance

For his opening monologue and first interview tonight, Fox News host Tucker Carlson outlined the ramification of non-western nations now trading in alternative currencies to the U.S. dollar.   {Direct Rumble Link Here]  As the dollar diminishes in value, and as an outcome of Biden using U.S. treasury bonds as part of the sanction regime against Russia, various non-western nations now perceive holding dollars as exposing themselves to risk.

Carlson is joined by Luke Gromen who accurately notes the dollar as a global trade currency may continue, but foreign nations holding U.S. treasury bonds as an asset will likely start contracting.  The result of U.S. treasury bonds returning after maturity with no repurchase, would be an inability of the U.S. to borrow against their sale. This could, perhaps likely will, severely diminish the amount of money the U.S. congress can spend.  WATCH:

None of this should come as a surprise to those who have paid attention. Factually, in March of last year, one month after the Russian sanctions were announced, the International Monetary Fund’s (IMF) Deputy Managing Director said the sanctions against Russia are likely to undermine the US dollar’s global dominance as a trade currency.  Everyone could see this coming.

(Inside Paper) – March 2022 – […] “The dollar would remain the major global currency even in that landscape, but fragmentation at a smaller level is certainly quite possible,” Gopinath said in an interview with the Financial Times.  She went on to say that some countries have already begun to renegotiate the currency in which they are paid for trade.

According to Gopinath, the drastic restrictions imposed by Western countries in response to Russia’s military operation in Ukraine may result in the formation of small currency blocs based on trade between individual groups of countries.  Furthermore, the use of currencies other than the dollar or the euro in global trade would result in a further diversification of central banks’ reserve assets. (read more)

The efforts of NATO and the western alliance to crush the Russian currency have failed.  The Russian ruble currency has jumped back from the sanctions and is now even stronger than before the sanctions were put into place.

With China and India supporting ongoing trade with Russia, and with Saudi Arabia responding coldly to the U.S. working on a deal with Iran for nuclear weapons, the geopolitical strategy of NATO, G7 and the proverbial western alliance increasingly looks like it will backfire.

Yellow Team -vs- Gray Team: Remember, China just brokered a deal to lessen hostilities between Iran and Saudi Arabia. The fulcrum of that agreement was economics.

Meanwhile in North America, Mexican President Andres Manuel Lopez-Obrador has said he was not willing to join the energy suicide pact pushed by Joe Biden and Justin Trudeau…. A policy break in the trilateral relationship which suddenly, and not coincidentally, aligns with the timing to make Mexico a pariah to the U.S. vis-a-vis a renewed media push on the drug cartel narrative.

BIG PICTURE NOT BEING DISCUSSED – The western politicians followed the climate change instructions of the WEF multinational corporations and banks (Build Back Better) and post-pandemic immediately started reducing energy development. The central bankers then began raising interest rates to shrink the economies of the same western nations to the scale of the now diminished energy production.

The raising of interest rates is now hitting the national and multinational banks impacted by government policy that was following WEF orders. Now the western politicians are stepping in with the government controlled central banks to backstop the national banks and multinationals. Can you see the dynamic?

Team yellow is suffering the consequences of their own ideological policy as enacted. Team grey is not going to help team yellow get out of a crisis team yellow created, which was intended to hurt team grey.

…. And we continue watching.

The End of the Petrodollar?


Armstrong Economics Blog/World Trade Re-Posted Apr 4, 2023 by Martin Armstrong

Another oil deal has been initiated without the use of the dollar. The India Ministry of External Affairs (MEA) announced that their latest trade deal with Malaysia would be settled in Indian rupees. “This initiative by the Reserve Bank of India (RBI) is aimed at facilitating the growth of global trade and to support the interests of the global trading community in Indian Rupees (INR),” the formal statement noted.

Indian has benefitted from the West’s distraction from the Ukraine war. The RBI is allowing 18 counties to open Vostro accounts and has been attracting new deals in trade and manufacturing. New Delhi and Moscow have strengthened their relationship as India is not imposing sanctions.  The Indian Commerce Ministry said its five-year plan is to “encourage” the use of the rupee on an international scale, while also planning to expand exports $2 trillion by 2030. Trading in rupees will also allow India to save on conversion spreads and limit the country’s dependence on the volatile dollar.

The BRICs treaty (Brazil, Russia, India, and China) remains strong and oil giants Saudi Arabia and Iran would like to join the partnership. The Saudis stated at the beginning of the year that they were open to settling trade in currencies other than the USD. “There are no issues with discussing how we settle our trade arrangements, whether it is in the US dollar, whether it is the euro, whether it is the Saudi riyal,” Al-Jadaan said during Davos. As we have seen in recent months, Saudi Arabia is aligning itself with China over the US.

The Vietnam war and other government missteps made it impossible for the US to maintain the fixed price of gold established under Bretton Woods. The USD relative to gold fell as the supply of dollars grew, pushing Nixon to abandon the Bretton Woods system entirely. US government debt was rapidly rising as confidence in the dollar plummeted. America needed an enticing way to sell its debt, and that was when Nixon convinced Saudi Arabia, the largest crude exporter, to purchase Treasurys in dollars in exchange for military aid. Hence the “petrodollar” was born. The creation of the Organization of the Petroleum Exporting Countries (OPEC) only further enhanced the dollar’s dominance in energy purchases.

Here we are yet again amid another war and a high budget deficit. The Saudis no longer need protection from America, and siding with Western interests would be a deterrent to its international deals with countries in the BRICs alliance and some in the OPEC+. Despite the green agenda, the world cannot operate without oil. The major oil exporters are now aligning and cutting out the US as their middleman.

Rand Paul Blocks Authoritarian “Anti-TikTok” Bill. Plus: Darren Beattie on Douglass Mackey Guilty Verdict, Trump Indictment | SYSTEM UPDATE #64


By Glenn Greenwald Posted originally on Rumble on: Mar 31, 7:00 pm EDT

“Saving Private Ryan” is Now…


Armstrong Economics Blog/Humor Re-Posted Apr 1, 2023 by Martin Armstrong

This remake looks horrible.

Earn Six Figures Without Working


Armstrong Economics Blog/Politics Re-Posted Mar 31, 2023 by Martin Armstrong

The US government has been on a spending spree over the past few years and there is absolutely no way they can ever pay the bill. Federal spending hit $4.45 trillion in 2019 in the wake of the pandemic, according to the Congressional Budget Office (CBO). That figure hit $6.21 trillion as of the latest report, marking a 40% uptick in four years. What has changed?  

 This goes far beyond the Ukraine fiasco. While defense spending rose 18% over the past four years, nondefense spending shot up 43% to $941 billion. Spending on Social Security and retirement increased 33% from 2019 to 2023 as the Baby Boomer generation began to exit the workforce. Retirement has become a luxury with the current cost of living and many are opting to continue working rather than retire. Yet, the mentality of hard work paying off is dwindling. The effects of the pandemic can still be felt as the workforce dynamic has changed. The supplemental unemployment income distributed freely during the pandemic has had disastrous consequences. 

Spending on food stamps has increased by 102% from $63 billion in 2019 to $127 billion in 2023. Welfare support rose 50% as well from $32 billion to $48 billion. Unemployment costs have increased 32% over the past four years, despite the record-low unemployment rate. The US spent $53 billion on educational pandemic aid and $71 billion to help failing PBGC plans. The CBO now foresees a federal budget deficit of $1.4 trillion in 2023, and this number is expected to rise. 

Biden’s Build Back Better Act pushed for the largest welfare spending in US history. It pays NOT to work in Biden’s America. According to the Heritage Foundation

"Total government spending on the average poor family will rise from $65,200 per year to more than $76,400. When limited private earnings are added to this massive government spending, combined total resources will reach nearly $94,600 per year for the average poor family."

Biden repealed some of the reforms issued by the Clintons to boost reliance on government aid. People who choose not to work are eligible for unconditional cash grants funded by working taxpaying citizens. “Taxpayers would be required to pay larger sums to support welfare recipients, but recipients would have no reciprocal obligations,” the Heritage Foundation continued. Those who decide to marry receive less funding. Mothers who have children by multiple fathers receive more funding. Traditional values are punished. Why rely on family when you have the government? 

Some states pay six figures to “low-income” families through benefits and subsidiaries. A family earning nearly a quarter million per year could still qualify for ObamaCare subsidies, and in some states, families earning $300,000 annually still qualify. Unemployment benefits plus ObamaCare subsidies for a family of four are equivalent to the national median income in 24 states. Some states offer more than others. In New Jersey, a family of four can receive benefits up to $108,000 even if no one is working.  

Welfare was supposed to be a tool to help people during times of need. It should incentivize people to get back to work. Biden is giving your money to foreign countries. He is giving your money to US citizens who chose not to work. This is clearly socialism at play, as it does not pay to work in Biden’s crumbling America. 

Why America Will Lose this War As every one Since WWII


Armstrong Economics Blog/Neocons Re-Posted Mar 30, 2023 by Martin Armstrong

A number of people have asked why does Socrates say that the United States will lose this war. One states: “The standalone American firepower without UK/ France, etc, itself is tremendous. How does Socrates say that America will lose the war? It may lose financially. The Chinese have the worst track record in any war.” Perhaps I should just say, cyclically – it’s just TIME.

The Neocons are in charge of this war. They are trying conventionally for their constant goal of REGIME CHANGE. They are doing what Khrushchev had threatened Communism would win and we will bury you. This is their mantra and they think forcing a Republican form of government upon the rest of the world will bring peace. Those were the dreams of Hitler and Napoleon as well. Communism collapsed because it is simply unsustainable. Nevertheless, the Neocons have never backed down. They objected to Reagan even meeting with Gorbehev saying you can never trust Russians.

The Neocons have pushed endless wars for their hatred. They have NEVER won a single war. The US has lost EVERY war post WWII. Korea was a standoff, and Vietnam, along with Afghanistan were all losses and for what? They remove Saddam Husein and unleashed ISIS where Saddam kept the religious fanatics in check. Their theory was to remove all dictators in the Middle East and that would bring peace to Israel. They supplied arms and that led to the overthrow of Quadaffi in Libya and they were trying the same in Syria.

Now Nukes are no longer a deterrent when you are playing with nuclear powers. They have used Ukraine as cannon fodder to weaken Russia and they hope they can then invade under any excuse and conquer Russia, which has been their end goal for decades. They bank on that they can defeat Russia and it will never go nuclear. I am flabbergasted by some of these Neocons and their sheet hatred of the Russian people like Adam Kinzinger who proclaims we can defeat Russia in 3 days. I suppose we could then turn and defeat China perhaps in 5 days. These people play with the lives of innocent civilians and send other people’s sons and daughters to war to be sacrificed for their personal hatred. The claim Putin is evil but never look in the mirror to see the hatred in their own eyes.

Robert McNamara (1916 – 2009) was a leading Neocon that pushed the country into the Vietnam war.  He was famous for saying: “I learned early on never answer the question that is asked of you. Answer the question that you wish had been asked of you. And quite frankly, I follow that rule. It’s a very good rule.”

Before he died, he finally admitted that they were wrong particularly in their assessment of Russia as a threat. The perception that Russia is a threat is still dominating the agenda today. The propaganda that Putin is a KGB guy who wants to re-establish the Soviet Empire is absurd. In the 22 years that he has been in power, he has neither tried to re-establish communism nor has he sought to retake the old Soviet states like Poland, the Czech Republic, or even Ukraine. The same claims today about Russia are the very same ones that justified Vietnam.

Apparently, McNamara died with the guilt of sacrificing 58,000 Americans on the Neocon altar of war for at the end of his life, he admitted they were wrong. They are NOT Americans. They DO NOT serve American interests. They only serve their own International interests and are dragging countries into endless wars and carnage.

While these neocons only focus on war, they are destroying the United States economy. They are pouring money into this undeclared war on Russia when in fact the Constitution states that ONLY Congress can declare war – not the President. The United States will lose the war, and we are losing our title of Financial Capital of the World. Just as WWI & WWII took that title away from Britain, WWII will take it from the United States and hand it squarely into the arms of China.

Than the warmongering Neocons for destroying your future all because of their personal hatred.

President Trump Attorney Alina Habba Speaks to Tucker Carlson About Political Indictment


Posted originally on the CTH on March 30, 2023 | Sundance

Tucker Carlson frames the context of the accusations against President Donald Trump and then interviews one of President Trump’s civil attorneys Alina Habba. {Direct Rumble Link}

While Ms. Habba is not a criminal attorney for President Trump she notes the legal ramifications to the justice system from a radical leftist District Attorney running amuck. WATCH:

Emotional Jason Whitlock on Trump Indictment, “I’m Ready, Let’s Get it On”…


Posted originally on the CTH on March 30, 2023 | Sundance 

Jason Whitlock appeared on Tucker Carlson Tonight to give his thoughts and opinions of the indictment of President Trump. {Direct Rumble Link}

Mr. Whitlock, speaking from Nashville Tennessee, puts the context as a Godless society running amuck, and describes his current status upon hearing the news as “emotional.”
Whitlock then says it’s time to get right with our mindset and prepare to “get it on”… Enough is just enough, “this is bullshit”.  WATCH:

Tucker Carlson Warns About Senate Bill 686, The Restrict Act, Framed Around TikTok But Focused on Domestic Online Censorship


Posted originally on the CTH on March 27, 2023 | Sundance 

Fox News Host Tucker Carlson did everyone a favor today by sending the warning about The Restrict Act, also known as Senate Bill 686 [SB686 HERE], also known as the bipartisan bill to empower the executive branch to shut down TikTok.  {Direct Rumble Link}

The Restrict Act, has very little to do with TikTok and everything to do with the United States government controlling online content.  If you read the bill what you quickly discover is that congress is giving the Commerce Department and the Office of the Director of National Intelligence the power to shut down internet content they view as against their interests.

In very specific terms a lot of U.S. websites would be impacted.  Why?  Because a lot of websites use third-party ‘plug-ins’ or ‘widgets’ or software created in foreign countries to support the content on their site.  The “Restrict Act” gives the DNI the ability to tell a website using any “foreign content” or software; that might be engaged in platform communication the U.S Government views as against their interests; to shut down or face a criminal charge.   In very direct terms, the passage of SB686 would give the Dept of Commerce, DNI and DHS the ability to shut down what you are reading right now.   This is a big deal.  WATCH:

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Read The Restrict Act Here ~

Government power grab disguised as ban TikTok bill.

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