Category End of Fossil Fuel

May 30 2022

The Endless Propaganda Behind the Dollar


Armstrong Economics Blog/Basic Concepts Re-Posted May 30, 2022 by Martin Armstrong

QUESTION: Marty; the gold propaganda is increasing dramatically. They are now claiming there are five signs that say the dollar will collapse any day now.

  • Warning Sign #1: Russia Sanctions Prove Dollar Reserves “Aren’t Really Money”
  • Warning Sign #2: Rubles, Gold, and Bitcoin for Gas, Oil, and Other Commodities
  • Warning Sign #3: The Petrodollar System Flirts With Collapse
  • Warning Sign #4: Out of Control Money Printing and Record Price Increases
  • Warning Sign #5: Fed Chair Admits Dollar Supremacy Is Dead

My friend flew in from Brazil and they pulled her over and checked all her jewelry. I think you had said they were doing that in Italy last year. This was New York at JFK. Cryptocurrency is not currency and selling oil in Bitcoin which is crashing makes no sense when it too is not backed by anything. These are the same old claims for the last 20 years that I can remember. Their solution is always – buy, buy, buy gold. My question is if they are now pulling you over for jewelry when you travel, gold has underperformed for 30 years compared to stocks and even the dollar. Will gold even survive in this crazy world?

Thank you for always being the voice of reason

WK

ANSWER: These ideas and claims are old and never change. For years they claimed the dollar was only the reserve currency because of oil, yet oil as a percent of the world economy was at best 5%. Then the claimed Bitcoin would replace the dollar as the reserve currency. That was just another scam and based on this same old theory of the Quantity of Money that dates back to Gresham’s Law. That theory is so dead it’s crazy, but it is like one of those Zombie movies that it keeps coming back to life.

Gresham advised Queen Elizabeth based on the debasement he saw in the coinage by her father Henry VIII. He was debasing his currency because Spain was doing that and he thought it was a way to create free money. The French did that during the 13th century by altering the silver to gold ratio which blew up the financial system in Italy and ended many banking houses. Those who base their entire theory on this period TOTALLY fail to grasp the context of the period.

There was NO Reserve Currency. All the currencies of various nations traded on the first currency exchange which was Amsterdam. They traded against each other ENTIRELY on the metal content. That is what determined the value of their currency.

Coming out of the Dark Ages, the first coin to actually attain a universal acceptable which was the first stage of a reserve currency was the gold florin of Florence, Italy. This was made possible by the rise of Italian banking and the Medici there in Florence. Other countries imitated the florin for it was accepted as the standard.

Imitations of the universally accepted currency took place with the Athenian Owls, the tetradrachm of Alexander the Great, and then the Roman silver Denarius and gold Aureus. The strongest economic power saw its currency become dominant in the world so others issued coins imitating them because a Roman gold aureus carried a premium over just a plain lump of gold. Egypt never even issued coins until they were conquered by Alexander the Great yet to facilitate trade, they issued imitation silver Athenian Owls, which were really the first established world currency.

However, I have warned that analysis has two approaches. First, you start with a theory and then cherry-pick the fact to support your theory as they are doing in Climate Change. There, they ignore all the data prior to 1850 and only attribute the warming since the last Little Ice Age to the Industrial Revolution.

They took a natural cycle oscillating back up which is when economic expansion always takes place historically, They then attributed that to fossil fuels and ignored the entire natural history of the earth. This has been used solely to justify creating their one-world government because no single nation can defeat global warming.

Here we have the front cover of Time Magazine predicting climate change back to an ice age. That was dated January 31, 1977 corresponding to the sharp spike down into a negative Arctic Oscillation in 1977. In the April 28, 1975 edition of Newsweek, they actually proposed solutions for climate change that included outlawing internal combustion engines.

This is when Al Gore came to the rescue. Just like the poles flip on the sun every 11 years, Al Gore flipped the argument from manmade cooling to manmade warming to save the end goal — eliminating all fossil fuels regardless of the evidence. Who needs science when you can just make up the studies and cherry-pick the facts to support whatever you want. They have done that very same exercise with this forecast centered on gold and how the dollar will collapse all because of fiat, which every currency has been from day one when Lydia first created coins and declare their value which was always in excess of the metal content.

Even the propaganda of the Petrodollar has been mind-blowing. Unbeknownst to these people who push that theory, they are clueless about the truth behind what really took place during the 1970s. In 1976, the US and Saudi Arabia colluded to force down oil prices, which inadvertently set in motion a financial crisis in Iran that destabilized that economy and undermined the Shah’s hold on power. These facts have surfaced from declassified documents of Brent Scowcroft who worked in both the Nixon and Ford White House Administrations. Their attempt to manipulate the price of oil downward created the Iranian Revolution. The religious faction used the decline in oil and the economic recession to overthrow the Shah. OOPS!

This strange theory that the dollar is supported by oil just does not hold up. Even when we just compare the highs and lows between the dollar and oil, it does not hold up. In 2008, the dollar bottomed against the Euro but oil peaked. The dollar bottomed in 2016 but crude bottomed in 2020. The high in the dollar in 1985 coincided with the 1986 low in crude. Like global warming, they focus on just one aspect and ignore the fact that the dollar has NEVER been canceled and that it has become the world reserve currency because of that fact, plus it is the dominant economy just as Rome, Athen, and Macedonia in their times.

Emerging markets before World War I issued debt in British pounds. After World War II and all the capital fled to America because tanks were rolling down the streets in Europe, Emerging markets issue their debt in dollars – no longer British pounds. These people focus only on gold, the quantity of money, and old dead theories of Petrodollars, and totally ignore the fact that the United States has the largest consumer-based economy in the world. That is how China, Japan, and Germany have all risen from the ashes without gold reserves. They were export-oriented economies selling products to Americans. None of these theories ever mattered and that is why you have heard the same story since 1971 and everyone who followed that forecast has lost a fortune in everything else.

The definition of Fiat Currency is highly prejudiced. Investopedia says:

“Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it. The value of fiat money is derived from the relationship between supply and demand and the stability of the issuing government, rather than the worth of a commodity backing it. Most modern paper currencies are fiat currencies, including the U.S. dollar, the euro, and other major global currencies.”

Britannica says:

“fiat money, in a broad sense, all kinds of money that are made legal tender by a government decree or fiat. The term is, however, usually reserved for legal-tender paper money or coins that have face values far exceeding their commodity values and are not redeemable in gold or silver.”

Before coins, even the Bible stated that in Genesis 23:16: “Abraham agreed to Ephron’s terms and weighed out for him the price he had named in the hearing of the Hittites: four hundred shekels of silver, according to the weight current among the merchants.” The very first this that took place was that there was an agreement on the standardization of weight.

Therefore, it was in Lydia that the king began to stamp his symbol on these standardized denominations. He effectively took over the creation of money. The value he set was over and above the previous raw value of the metal. Thus, this became fiat which coin collectors call “seignorage” the profit over and above the metal content.

When war broke out, Lydia was the first to debase the currency maintaining the value but reducing the weight. This idea that if the money is gold somehow makes the system honest, is nothing but propaganda.

Even under a gold standard, there were periods of inflation and deflation. Read the history of the California Gold Rush. During the 1849 Gold Rush in California, the journalist for the New York Tribune, Bayard Taylor (1825-1878), arrived in San Francisco by ship during the summer of 1849. He was shocked at what he encountered and did not think that anyone would even believe what he was going to write. His dispatches about the gold rush economy in California stunned many and helped to create the 1849 Gold Rush. The average wage for a laborer in New York was about one or two dollars a day. In California, individual hotel rooms were rented to professional gamblers for upwards of $10,000 a month, which is the equivalent of about $300,000 today. The degree of inflation in terms of gold was astounding and lacks comparison in modern times. There was so much gold, that the value of goods rose even though they did not in New York. The inflation phenomenon was local.

Gold became so common; they were even striking $50 gold coins in California when $20 was the highest denomination elsewhere and $1-dollar coins down to 25 cents all in gold. Eventually, there were $1 gold coins minted in the United States for general circulation throughout the USA. Indeed, Taylor wrote:

“[One] citizen of San Francisco died insolvent to the amount of forty-one thousand dollars the previous autumn. His administrators were delayed in settling his affairs and his real estate advanced so rapidly in value meantime that after his debts were paid, his heirs had a yearly income of $40,000 [$1.2 million today].

“These facts were indubitably attested; everyone believed them, yet hearing them talked of daily, as matters of course, one at first could not help feeling as
if he had been eating ‘of the insane root.’”

As far as fiat is concerned, the true definition is when the value of a currency is declared by the government which is all money even if it is made of gold or silver. Here are two silver dollars issued in 1873. The domestic silver dollar standard was taking 70 cents worth of silver and calling it one dollar with a weight of 26.73 grams. Simultaneously, that was not recognized in Asia so they issue a Trade Dollar for external use with a weight of 27.22 grams. The value of the metal is solely based upon the decree of the government. By the 1890s, the United States had flooded the world with silver which resulted in the Panic of 1893. By then, the value of the silver was perhaps 60 cents they were calling a dollar.

These people often confuse FRAUD with the monetary system. Sweden is the oldest Central Bank. That is where the fraud all began. The first true banknotes for circulation appeared in Sweden, and these were actually used by the government to support its wars with Germany. In 1661, the government established a 30-year monopoly for its Stockholm Banco to issue these banknotes known as “letters of credit” that were to be payable in Swedish copper plate money that was extremely heavy weighing almost 15 kilos. It was not very practical for these huge plates to actually be used in circulation.

However, this practice of Fraud began whereby they abused the system. They began to issue more paper notes without the copper plates in the bank. That is entirely different from fiat currency. Here they said they were backed by the copper plates, but they needed more money so they issued notes fraudulently without the purported backing. That is NOT a fiat system – it is fraud.

This FRAUD was discovered and it led to the first banking panic in 1663 when there were more obligations than copper plates to redeem the notes. The bank was forced to close in 1664.

I have told the story before that it is so CRITICAL to understand the full context of history. William Penn took the term Philadelphos in ancient Greek which meant Brotherly Love. He interpreted that in a Christian sense that I love my brother. So he named his city Philadelphia – the city of brotherly love. Well to those of us who did study ancient cultures and languages, it was always one of the funny jokes. Brotherly Love meant you married your sister.

These people interpret gold as money and fiat and all the other nonsense with petrodollars etc, they have selected what they want to support a theory that they began with. Everything they have been telling people for decades has resulted in a lot of people losing a fortune and even some losing their homes.

They are not interested in actually looking at the truth. To them, it’s all fiat money, and only a return to a gold standard will stop inflation and create the perfect world following that same dangerous path as Kark Marx.

The system is far more complex and you CAN NOT reduce everything to a single cause and effect. That is what others are doing with CO2. It’s time to wake up and smell the roses. Garbage in = Garbage Out.

I have warned that the Russian Sanctions have begun the decline and fall of NOT the dollar – but the entire world economy. Once Biden used SWIFT to remove Russia, that was the end of globalization. It has NOTHING to do with the oil or anything else. The sanctions have severed Russia from the West’s Economy and put China on alert that they are coming for them as well. China setting up its alternative to SWIFT, is not directly trying to kill the dollar. It is recognizing that the world economy is under siege and what will evolve in the future in the collapse of all governments but the single greatest threat has been the Sanctions which have altered everything – not fiat currencies and gold.

World peace is created by everyone benefiting from a global economy. Destroying globalization leads nowhere but to war for that hand no longer feeds you so go ahead and bite it.

May 29 2022

Neil Oliver, Perhaps it is Time to Pluck the Strutting Peacocks at Davos


Posted originally on the conservative tree house on May 28, 2022 | Sundance

In his weekly monologue today, Neil Oliver discusses the strutting peacocks at Davos who think they are masters of the universe controlling the outcomes of the sheeple masses beneath them.  However, as Oliver also notes, only the brainless frogs will sit in the pot – the rest of us, but far the majority, have no time for these insufferable schemes and dictates.

The pretense of the Potemkin village can only be maintained as long as good, moral and virtuous people extend the graciousness of patience and play along with the pretending.  Whether the Davos crowd want to admit it or not, the ranks of the grace-filled are diminishing, and the ranks of the vulgarian hoard are swelling.  We are all becoming increasingly hardened, deliberate and refusing to pretend. The control mechanisms are starting to falter, and the messaging hits deaf ears.  WATCH:

[Transcript] – The usual suspects have been in Davos again, at the World Economic Forum overseen by Klaus Schwab – the few hundred of the most unimaginably rich gathered in one place to fantasise together about what the several billions of us ought to be forced to do in order to make those billionaires’ lives better.

Those poor billionaires – for whom everything on Earth might finally be perfect, if only someone would invent the vacuum cleaner big enough to suck every last one of us peasants, inconsequential specks of dust that we are, into outer space once and for all.

While listening to whichever one on stage is pontificating about this or that technological advance, or about how better to structure civilization itself, I find it best to imagine they have the high pitched, excitable voices of children – like in those TV adverts for chewy, jelly sweeties.

When I do that, I am reassured by their evident ridiculousness, their patent lack of a grasp on the reality of what this human species of ours is all about.

Some of their ilk talk blithely about the millions, billions of “useless eaters” who might best be controlled and placated by drugs and video games.

I hear it announced that it is already time to “hack” the human animal and implant technologies to make us better at being alive in the world. Some of them are apportioning to themselves nothing less than the power of God.

It is precisely that genetic failing of theirs, demonstrably present in one billionaire or technocrat authoritarian after another, that will always be their undoing in the end. That glitch, that Achilles Heel common to all of them, is their failure to note the still limitless potential of the unadulterated Human Being Mark I. They think they have us mapped – tracked and traced already – but they don’t.

There’s another thing they collectively overlook – or deny, at least to themselves – while making their plans and cooking up their little magic potions.

And it is fear – their own fear. Their all but overwhelming fear of all of us. Whether or not they’re aware of it, they are motivated, those few hundred Richey Richests, by fear of the billions of us. They look out at us, down on us, from their castle walls, and our presence – in all our endless, untidy, unpredictable variety – and they are afraid. They don’t really understand us, they don’t really get us, and it’s that which has made them fearful.

People always fear what they don’t understand. When you get right down to it, they would probably rather we just weren’t here. But we are here. We are here and every last one of us, white, black or brown, tall or short, good at maths or good at growing plants, or good at putting smiles on the faces of those around us, or whichever small fragment of the miraculous each of us has within us – every last one of us has the same unalienable right to a place on this planet as any one of them. Klaus Schwab, Bill Gates – whoever – has no more right to be here, to live the best life available here, than you or me.

You may have heard or read by now about the slowly boiled frog. It’s that notion that you can put a frog in a pot of cold water and turn on the heat beneath. Poor frog doesn’t know what’s happening and so, according to the story, is slowly and unknowingly cooked to death. We are invited to think that we are like that frog, that we are helpless to identify the danger we are in, far less to extricate ourselves from our plight. Here’s the thing: it’s not true.

Back in the 19th century a scientist of sorts removed a frog’s brain and found it would, indeed, remain in the steadily heating water until dead. But much more recently, in the 20th century, biologists tried the experiment with healthy, complete frogs – and found that every single one of them leapt out long before it was in any real danger. Sometimes, the frog wouldn’t stay in the pot even when there was no heat under it at all.

Clearly the lesson there is that only brainless frogs get boiled alive.

I would offer here a helpful analogy: we placed ourselves in a pot called the social contract. This is a way of describing the relationship we proles have with the State. Put simply, under the terms of the social contract, we agreed to behave and do our bit, and in return the State kept us safe from crime and undue suffering and protected our rights and freedoms. That was the deal.

A while ago, though – even before the adventures of Covid-19 – the State turned the heat on under the pot. It takes a while – and each one of us frogs becomes aware of the change at a different moment – but sooner or later one frog after another realises the water has become unpleasantly warm … and jumps out. I feel this is what is happening now – that’s what’s been happening for years. More and more healthy frogs, with brains intact, are getting out of the pot, turning their backs on the social contract.

For those who thought they could cook us, without us knowing, this is a frightening time. The billionaires, technocrats and autocrats can sit together in Davos and squeak excitedly to one another all they want. But they’re in another pot – a pot of their own elitism – and the heat under theirs is rising too.

I am wired to look back in time in search of answers to problems. Given the assumption that there’s noting new under the sun – that a version of whatever is happening now has likely happened in the past – I look to see how things played out.

Nearly 2,000 years ago the Caledonians of the north faced off against a Roman army led by a Roman Governor called Agricola. Among much else, the Roman Empire wantedsubmission from those people they deemed lesser, inferior.

According to Agricola’s son in law, Tacitus, the Caledonians were led by one they called Calgacus, which means the swordsman, who rallied his forces with these words, or words like them:

“To all of us slavery is a thing unknown; there are no lands beyond us, and even the sea is not safe, menaced as we are … And thus in war and battle, in which the brave find glory, even the coward will find safety … unpolluted by the contagion of slavery … the furthest limits of Britain are thrown open, and the unknown always passes for the marvellous. But there are no tribes beyond us, nothing indeed but waves and rocks, and yet more terrible Romans, from whose oppression escape is vainly sought by obedience and submission.

“Robbers of the world, having by their universal plunder exhausted the land, they rifle the deep. If the enemy be rich, they are rapacious; if he be poor, they lust for dominion; neither the east nor the west has been able to satisfy them. Alone among men they covet with equal eagerness poverty and riches … they create a devastation and call it peace.”

I read about those Romans and see the model for every autocratic empire there ever was, and that ever shall be – from whose oppression escape is vainly sought by obedience and submission. The Romans were the victors of the battle in question, but they never did win either the submission or the obedience of those Caledonians. The Roman Empire declined and fell, of course – as every empire must. Empires used to last for centuries. The most recent last for just years. They fall, the world kings, faster and faster every time.

The strutting peacocks of Davos, the WEF, the United Nations and the World Health Organisation are no Romans. But they want our obedience and submission and have endeavoured to obtain as much by stealth. They thought we wouldn’t see them, wouldn’t see what they were doing, that we wouldn’t feel it, but we did and we do.

They sought to exploit our good nature. Give the devil his due – the social contract was good while it lasted. We had peace a lot of the time, rule of law, personal freedom and protected rights that passed from generation to generation.

That was then, though, and this is now. Now a handful of frightened billionaires and their enablers seek to make the pot a prison. By the manipulation of fear and the application of propaganda, they want us to be and to remain forever as frightened as they are.

They tell those of us who’ve noticed that we are being silly, that nothing of the sort is happening. This is gaslighting – and that is the gas that’s already lit under the pot. But look at what they’ve done. Having slipped and shouldered their way further and further into our lives, every aspect of our lives, they’ve only made a mess of everything. For all their wealth and their so-called wisdom we’re all about to get poorer, colder and hungrier. Already millions have had their health – physical mental or both – hopelessly compromised. It is increasingly hard not to see this as having been the plan all along. After all, surely no one in authority is stupid enough to have caused all this harm by accident.

As far as I am concerned, the social contract has been broken – not by we the many law-abiding, tax-paying majority, but by the few of the State.

Of course, an analogy only goes so far. We are not frogs. We are human beings. This is our country, our world. In the moment we decide collectively that we have nothing to fear from those who would take advantage of our good nature … in that moment the fear is gone. And somewhere in their hearts, and somewhere in their heads, the billionaires in Davos must know it too. (LINK)

May 28 2022

Mark My Words…THIS is Coming in 2022 – It’s Time to Sound the Alarm, and Prepare


By Bright Insight  originally Published on May 27, 2022

The good news is you’re getting a heads-up, and have time to prepare. The bad news is that is actually happening…

If you like my content, please support me on Locals! https://brightinsight.locals.com/support

May 28 2022

Congress has abandoned its responsibility to declare war


By Tulsi Gabbard  posted originally on Rumble on May 27, 2022

The US Constitution confers the authority to declare war to the American people thru our congressional reps. While we struggle to afford fuel and food, Congress has abandoned this responsibility, allowing the Biden Admin to get us into a hot war with Russia, using Ukraine as proxy

May 28 2022

Interview: Food Shortages, Economic Collapse, the Failing Great Reset & How to Prepare


Armstrong Economics Blog/Armstrong in the Media Re-Posted May 28, 2022 by Martin Armstrong

Click here to listen to Maria Zeee’s insightful interview with Martin Armstrong: “Food Shortages, Economic Collapse, the Failing Great Reset & How to Prepare.”

There is also a wealth of information available for free at zeeemedia.com!

May 27 2022

GDP Figures Revised Downward, U.S. Economy Shrinks 1.5 Percent in First Quarter, Things are Getting Much Worse


Posted originally on the conservative tree house on May 26, 2022 | Sundance 

May 26, 2022 | Sundance | 160 Comments

The Bureau of Economic Analysis (BEA) originally calculated the first quarter economy at a scale of -1.4% growth. The BEA revises that figure downward today with more data showing a contracted level of consumer spending [DATA HERE].  The economy contracted by -1.5% in the revised numbers.

Gross Domestic Product (GDP) is the dollar value of all goods and services produced in the economy, minus the dollar value of goods and services we import. The percentages discussed are percentages of change over time.

♦ What changed in this revision to make the economy worse?

(1) U.S. inflation was revised upward (prices increased); (2) the estimate of calculated inventories was lowered; (3) the estimate of consumer spending was raised (inflation issue); which leads to (4) a massive drop in the calculation of disposable incomes.  [See the Change Table]

This table shows where the revisions are located:

Look at the revision to disposable incomes:

The Joe Biden’s economic policy is literally: (a) draining our savings and bank accounts, and (b) increasing our personal debt as we struggle to survive.

(Via MSM) – […] The U.S. economic contraction to start the year was worse than expected as weak business and private investment failed to offset strong consumer spending, the Commerce Department reported Thursday.

First-quarter gross domestic product declined at a 1.5% annual pace, according to the second estimate from the Bureau of Economic Analysis. That was worse than the 1.3% Dow Jones estimate and a write-down from the initially reported 1.4%.

Downward revisions for both private inventory and residential investment offset an upward change in consumer spending. A swelling trade deficit also subtracted from the GDP total.

The pullback in GDP represented the worst quarter since the pandemic-scarred Q2 of 2020 in which the U.S. fell into a recession spurred by a government-imposed economic shutdown to battle Covid-19.  (read more)

These economic conditions are mostly driven by energy policy.  U.S. energy policy underlines almost all economic activity and touches every facet of our lives as a consumer. You cannot change U.S. energy policy so drastically without changing every single economic aspect which is connected to energy policy.

What’s coming next?  WATCH:

.

I concur with that prediction.

Prepare your affairs accordingly.

May 26 2022

The Ukrainian Solution: Money, Weapons, and Embargo


Armstrong Economics Blog/Uncategorized Re-Posted May 26, 2022 by Martin Armstrong

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.

May 25 2022

Biden Spreads Inflation Lies on Twitter. Jeff Bezos’ Response Is Priceless | DM CLIPS | Rubin Report


Posted originally on the The Rubin Report  on Rumble on May 23, 2022

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.

May 25 2022

Canadian Multinational Executive Outlines Tech Initiative to Create Consumer Carbon Footprint Tracker


Posted originally on the conservative tree house on May 24, 2022 | Sundance

It is important to remember the ultimate goal of the ‘climate change’ promotors (World Economic Forum) is not an energy system that changes the global climate. The goal of the ‘climate change’ group is to create a carbon trading system; a new financial mechanism (a global tax program) to control human activity on a world-wide basis.  This system also needs a digital identity in order to work {hint-hint}.

You cannot tax or trade things you cannot track.  As a result, there was always going to be a need for an individual tracking and monitoring system that would connect to the global digital identity and determine the carbon footprint.  The carbon taxing and trading system will be more financially lucrative than any stock exchange or monetary banking system.  It is the ultimate human control mechanism, and the preferred way to redistribute wealth under the guise of global equity.

Of course, the system will beta test as a consumer demand product until the government steps in to take over the allocation and distribution equity part.  In this video segment, Alibaba Group president J. Michael Evans boasts at the 2022 World Economic Forum about the development of an “individual carbon footprint tracker” to monitor what you buy, what you eat, and where/how you travel.  WATCH:

The individual carbon tracker is the baseline for a global carbon trading system that involves everyone; at least, everyone connected to the outlook of western government.

Carbon allocation creates the financial metric that replaces currency.  You buy and sell carbon credits allowing you to engage in specific functions within society, like dining, traveling, home ownership and type, vehicle or transportation type, even the clothes you can purchase. Hence, “carbon trading” is the term most people are familiar with.

In essence, you are a parasite to earth; therefore, you must offset your derogatory footprint on the planet by paying a fee to exist.  If you cannot pay for the carbon credits needed to engage in the transaction (travel, home ownership, cooling, heating, etc.) you cannot engage in the regulated activity.

The carbon exchange process is at the end of the slippery slope created by a digital identity.  The 5G telecommunications network is designed to use geolocation and behavioral tracking that will connect your digital identity to your individual behavior and facilitate the carbon footprint tracing process.   We are already passed the “if” stage.

May 24 2022

Behind the Scenes of US Military’s Decline & Navy SEALs | Jack Carr | LIFESTYLE | Rubin Report


Posted by The Rubin Report  Published on Rumble on May 22, 2022 

Dave Rubin of “The Rubin Report” talks to Jack Carr, the author of such bestsellers as “Savage Son”, “True Believer” and “The Terminal List”, about the hardest aspects of being a Navy SEAL, what he learned about Hollywood filming “The Terminal List” for Amazon, and the history of the decline of US military power. First, Jack shares what it’s really like to train to be a Navy SEAL. He also opens up about the emotional challenges of being on a special forces SEAL team and the events that no training can prepare you for. He also shares the details that the U.S. government demanded he change in his books. Next, Jack explains how Chris Pratt and Antoine Fuqua became involved in turning “The Terminal List” into an Amazon series. He also shares what the non-woke side of Hollywood is really like. Jack also shares stories of liberal friends in Los Angeles panic buying guns for the first time and being shocked by the restrictions that they helped to vote in. Finally, Jack reveals why the US military is in decline despite major advances in military technology. He explains the origins of the military industrial complex and how the failed Afghanistan withdrawal didn’t surprise anyone familiar with the rewarding of failure in the armed forces. He explains why Craig Whitlock’s “The Afghanistan Papers” is so revealing and what has gone wrong in the military where failed leaders simply leave and get high paying jobs in the defense industry.