World Bank: The Poor Will Suffer From Carbon Taxes


Armstrong Economics Blog/Energy Re-Posted Jul 13, 2022 by Martin Armstrong

The World Economic Forum is praising Denmark for implementing the world’s strictest carbon tax laws. Companies will soon be forced to pay $159 for every tonne of CO2 emitted, marking an additional $53 per tonne. The government claims this will cut CO2 levels by 3.7 million tonnes in just one year.

“This incentivizes companies to clean up for themselves,” the WEF reported. In the midst of an extreme energy crisis, punishing energy suppliers will undoubtedly backfire. These costs will be passed along to the already struggling consumer. Even the World Bank admitted that the poor will suffer from the carbon tax.

The World Bank stated on its blog:

“There are good reasons why governments may not want to use carbon taxes, and one of them relates to their welfare impacts. For example, a carbon tax on fossil fuels is often regressive in its impact- hurting poorer people relatively more than richer ones. Even when it might be progressive, poorer people still suffer a welfare loss when prices rise, making their consumption basket more expensive.”

Furthermore, they admitted that the carbon tax “aims to restructure economies by raising the cost of a critical resource – the juice that makes it run.” Precisely. We NEED fossil fuels right now, there is no other viable alternative available to provide energy to the world. Since nations have succumbed to the climate change agenda, they have lost their energy-independent status. Europe shot itself in the foot by eliminating any diplomatic relations with their number one supplier of gas for a country that they did not acknowledge prior to February 2022.

Other nations with the ability will drill and sell oil to those under WEF leadership at a premium. India is already buying Russian oil at a discount, refining it, and selling it to the US for a premium. This is more than just bad business as it is a clear attempt to cut off a “critical resource” to “restructure economies” as seen fit by the WEF.

Tucker Carlson Outlines How Joe Biden is Implementing the Green New Deal Energy Program and Killing the U.S. Economy, and Standard of Living, in The Process


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

During an extensive opening monologue on Tuesday evening, Fox News host Tucker Carlson walked through the origin of the modern American push for a transformation in the U.S. energy system; as outlined in the Green New Deal advocacy of Alexandria Ocasio-Cortez, and how Joe Biden is implementing the agenda by executive fiat.

The Green New Deal is domestically to the U.S. as the Build Back Better agenda is to the rest of the western nations who follow the instructions from the World Economic Forum. Collectively the economies of western government are starting to collapse as the underlying energy policies (climate change) are being implemented.

Carlson walks through several examples of countries who have tried and failed to switch from oil, gas and coal to the “green renewable” energy programs. Everything from farming to home heating is now under attack by the governmental energy policies of western nations.  Civil society is starting to collapse in according to the schedule of the nations who have tried to transition.  Perhaps the worst part about it, is that western politicians -like Joe Biden- do not care how much damage is done, they are doing it anyway. WATCH:

.

Something has to change, and soon.  As a nation we are going to self-destruct if we do not stop this mad effort to use windmills and solar energy as alternative power sources to oil, coal and natural gas.  Already there are signs that states like Texas are bordering on an energy crisis because there is not enough wind to power their windmills.

From the complete restructuring of farming under the guise of climate change (the intentional shift to eating bugs and lab-grown meat), to the complete collapse of stable energy as a result of chasing climate change goals, we are fast approaching the point of no easy return.

We are not going to like the civil unrest and national instability that comes along with public desperation.

The DOJ Wants Illegal Immigrants to Vote


Armstrong Economics Blog/Corruption Re-Posted Jul 11, 2022 by Martin Armstrong

Who will vote for Biden after he destroyed the American economy? Perhaps illegal immigrants from Socialist countries who would have gratitude for even the lowest level of living in this nation. I explained how the election system is rigged with Dominion Voting Systems directly funneling money to liberal candidates and having close ties to George Soros. The Biden Administration wants to ensure that the game is completely in their favor, and now wants illegal immigrants to vote in American elections.

The Biden Administration is actually suing the state of Arizona because the state will require voters to show proof of American citizenship. Was the left not up in arms about other nations allegedly interfering in our electoral process? The Department of Justice claims that House Bill 2492 is illegal under the Civil Rights Act (1964) and the National Voter Registration Act (1993).

Arizona Attorney General Mark Brnovich said that he will not accept the DOJ’s demands. “In addition to free rooms and transportation for those illegally entering our country, the DOJ now wants to give them a chance to vote,” he said to Fox reporters. “It’s another round of Brnovich v. Biden. I will once again be in court defending Arizona against the lawlessness of the Biden administration.”

New York City recently prohibited illegal aliens from voting and the measure has bipartisan support. Even Mayor Bill de Blasio did not fight the ruling. The only politicians seeking to allow outsiders to vote in elections are on the far-left, and it appears that those at the very top of our political system have become extremists in their views.

After-Birth Abortion – Really?


Armstrong Economics Blog/Opinion Re-Posted Jul 11, 2022 by Martin Armstrong

Spread the love

The woman army medic who seems to be fighting for the Constitution clearly has no idea what the Constitution is all about. Here rant which gathered 30,000 likes said:

“I just extended my contract to continue serving this country a week ago. How am I supposed to swear to support and defend the Constitution and a country that treats its women like second-class citizens?” She continued: “How am I supposed to do that? How am I supposed to do that with pride? How am I supposed to do that with love and honor?”

In HARRIS v. McRAE, 448 U.S. 297 (1980), the facade of Roe v Wade was exposed. The case was claiming that the government MUST pay for medically necessary abortions. They made it clear in that decision that the Constitution is NEGATIVE, not POSITIVE. It is a restraint upon government – not a shopping list of positive rights. This medic should resign, leave the country, and go someplace where you can freely kill a two-year-old when they annoy you.

If there was a Constitutional Right to abortion, but a restraint under the 8th Amendment against cruel and unusual punishment, then the solution would be to justify retroactive abortion without limitation so you no longer sentence someone to death, you merely abort their life whenever.

The very law that these people are so upset about was limiting abortion to the first 15 weeks. They seem to want even after-birth abortion. These real fanatics want to call a newborn still a fetus to justify abortion after birth.

“We claim that killing a newborn could be ethically permissible in all the circumstances where abortion would be. Such circumstances include cases where the newborn has the potential to have an (at least) acceptable life, but the well-being of the family is at risk.”

Why not just kill a child at any age when it threatens the “well-being of the family” if there is even a family that remains under this definition. There has always been justification for abortion when the life of the mother is at risk, or rape, or incest. But not any of these justify after-birth abortion. Sorry, but I don’t see how they would be good mothers and the solution should be sterilization – Gates would love it!

President Trump MAGA Rally in Alaska to Defeat Senator Lisa Murkowski, Livestream 4pm Local, 8pm ET


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

Decepticon Senator Lisa Murkowski is the primary target and reason for President Trump’s travel to Alaska for a rally.   Murkowski, a leftist in the Republican ranks, must be removed if progress in taking down the UniParty is to continue.  President Trump is rallying in support of Alaska Governor Mike Dunleavy, Senate candidate challenging Murkowski, Kelly Tshibaka, and candidate for congress Sarah Palin.

The anticipated start time for President Trump’s remarks is 4:00pm in Anchorage Alaska or 8:00pm ET.  Rumble livestream links below:

Donald J Trump Rumble Livestream – RSBN Rumble Livestream Link – Alternate Rumble Livestream Link

.

.

.

COVID Came from a Lab Said Lancet Chairman


Armstrong Economics Blog/Disease Re-Posted Jul 9, 2022 by Martin Armstrong

Interview: Prepare for War, Higher Energy Prices & Significant Civil Unrest


Armstrong Economics Blog/Armstrong in the Media Re-Posted Jul 9, 2022 by Martin Armstrong

Click here to read Greg Hunter’s summary of the interview and view other content on USAWatchdog.

Joe Biden Pledges to Retain the Killing of Unborn Babies as National Priority, Signs Executive Order Saying Abortion “is essential to justice, equality, and our health, safety, and progress as a Nation”


Posted originally on the conservative tree house on July 8, 2022 | sundance

Earlier today Joe Biden held an official ceremony promoting the killing of unborn babies as a legacy initiative of his administration. Biden signed an executive order [View Here] stating that abortion “is essential to justice, equality, and our health, safety, and progress as a Nation.”

{Direct Rumble Link} – Executive Order Here – WATCH:

(Via Reuters) – […] Biden, [a member of the progressive death cult], has been under pressure from supporters, particularly progressives, to take action after the landmark decision, which upended roughly 50 years of protections for women’s reproductive rights.

The president’s powers are constrained, because U.S. states can make laws restricting abortion and access to medication, and the executive order is expected to have limited impact.

Biden will direct the Health and Human Services Department to take action to protect and expand access to “medication abortion” approved by the Food and Drug Administration, the White House said.

Experts have said a pill used to terminate early pregnancies is unlikely to become available without a prescription for years. States that already restrict the medication would not be affected by the presidential order.

He will also direct the department to ensure women have access to emergency medical care, family planning services, and contraception, including intrauterine devices (IUDs).

Biden’s attorney general and White House counsel will convene pro bono attorneys and other organizations to provide legal counsel for patients seeking an abortion as well as abortion providers.

“Such representation could include protecting the right to travel out of state to seek medical care,” the White House said in a statement. (read more)

White House Press Secretary Claims Current U.S. Status is Best Economy in Our Nation’s History


Posted originally on the conservative tree house on July 7, 2022 | Sundance 

White House Press Secretary Karine Jean-Pierre is, at this point, transparently identified as the least qualified and capable person to hold that position in modern history.  She genuinely is lacking the ability to articulate intelligent responses to any questions.

It is also obvious to those who have followed Biden personnel decisions, that KJP was selected because she would spout the information given to her by Chief-of-Staff Ron Klain without a moment’s hesitation.  She is not intelligent enough to know the talking points are complete nonsense.  She spouts the most ridiculous talking points in a manner that reflects she believes them.  That said, her capacity to stumble through nonsense and pretend it is real is only surpassed by Kamala Harris and Pete Buttigieg.

Today from the White House podium, Ms. Karine Jean-Pierre actually made the claim that our current economy is the strongest in our nation’s history.  WATCH:

It is one thing to politically ‘spin’ reality, it is another thing entirely to politically manufacture reality.

Oil and Gasoline Prices Start Moderating as Economy and Consumer Demand Drops


Posted originally on the conservative tree house on July 7, 2022 | Sundance

The Energy Information Agency has finally updated “on road” diesel prices after a month of frozen data [SEE HERE].  Conspicuously, the technical “glitch” correction is resolved [statement here] as the price for diesel starts to drop a little.

Oil prices are showing a drop in price, and subsequently gasoline prices are starting to moderate.  Unfortunately, as noted at The Hill, the drop in price is not related to an increase in production, but rather a decline in consumer demand.

WASHINGTON – The price of U.S. crude oil was hovering around $98 per barrel on Wednesday afternoon, down from about $108 late last week. Brent crude fell to about $101 per barrel, down from about $111 late last week. 

[…] “We’re on the cusp of seeing more savings,” said Patrick De Haan, head of petroleum analysis at gas price tracking site GasBuddy. “I’m trying to be a little bit optimistic here that this relief could make its entire way to the pump in the weeks ahead.” 

[…]  “The average price per gallon could fall 40 to 65 cents over the coming weeks,” he said, adding that the drop could be over a three- to six-week period. 

“Stations are getting lower prices already,” he added. “Prices could go down a penny or two every day or two for the next six weeks as long as nothing changes.” 

Experts say the decline is a double-edged sword, since the cheaper price isn’t due to any real changes on the supply side but rather to consumers scaling back their expenses and pulling down the expectation of demand.  (read more)

With factory demand dropping precipitously, claims for unemployment starting to increase, consumers being squeezed by continued inflation in energy, gasoline, food and housing, we would expect to see a drop in oil prices for all the wrong reasons.   Supply is not increasing, consumers are cutting back on all activities, including driving.   A recession always leads to lower oil prices.

This information comes on the heels of Reuters publishing an explosive article about oil from the Strategic Oil Reserve being released and sold to foreign countries rather than used for refineries in the United States.

(Reuters) – More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs. (read more)