Posted originally on the CTH on February 12, 2023 | Sundance
Appearing on Face the Nation with Margaret Brennan, House Foreign Affairs Committee Chairman, Mike McCaul, discusses the ongoing Biden administration battle in the sky with balloons, objects and various Unidentified Flying Objects (UFO’s).
McCaul identifies China as the most likely culprit for sending the spy and surveillance equipment over North America, claiming the timing of the spycraft arrival against the backdrop of the military revealing the latest stealth bomber, the “B-21 Raider,” does not seem coincidental.
Additionally, because of course he does, Chairman McCaul notes that if we do not continue to send billions to Ukraine, then China and Russia will continue sending spy missions over the United States. The way we defeat the UFO’s is to send more money to Ukraine. That’s his logic, and he’s sticking to it. WATCH:
MARGARET BRENNAN: We go now to Congressman Michael McCaul. He is the Chairman of the House Foreign Affairs Committee. Good morning to you.
REPRESENTATIVE MICHAEL MCCAUL (R-Texas): Morning, Margaret. Thanks for having me.
MARGARET BRENNAN: I want to start on this unusual activity, three takedowns in eight days. In the case of the spy balloon, this was Chinese surveillance, according to the administration. On Friday, they put restrictions on six Chinese companies that allegedly helped China’s military build that balloon. Is this the right move, to just try to make it harder for them to get U.S. technology, or does Congress need to do something that’s more broad?
REPRESENTATIVE MICHAEL MCCAUL: Well, it’s certainly the right move.
It will be one of my number one priorities, as the chairman of the Foreign Affairs Committee in this Congress, to stop the export of technology to China that then goes into their most advanced weapons systems, in this case, a sophisticated spy balloon that went across three nuclear sites, I think it’s important to say, in plain view of the American people, you know, in Montana, the triad site, air, land, and sea nuclear weapons.
In Omaha, the spy balloon went over our Strategic Command, which is our most sensitive nuclear site. It was so sensitive that President Bush was taken there after 9/11. And then, finally, Missouri, the B-2 bomber, that’s where they are placed. It did a lot of damage.
MARGARET BRENNAN: Is that what U.S. intelligence told you? They have been saying they mitigated the impact.
REPRESENTATIVE MICHAEL MCCAUL: They say they mitigated it.
But my assessment, and — and I can’t get into the detail of the intelligence document — is that, if it was still transmitting going over these three very sensitive nuclear sites, I think — I think, if you look at the flight pattern of the balloon, it tells a story as to what the Chinese were up to as they controlled this aircraft throughout the United States.
Going over those sites, in my judgment, would cause great damage. Remember, a balloon could see a lot more on the ground than a satellite.
MARGARET BRENNAN: So, you said you want to try to stop the export of technology that can be used by China’s military.
As a conservative, though, how much — this has to make you a little uncomfortable to have government try to control private business investment. How do you do that?
REPRESENTATIVE MICHAEL MCCAUL: Well, we have what’s called an entities list. The Department of Commerce had jurisdiction over the office within their — the Department of Defense has one.
We need to harmonize those, make it more security-focused. You know, capital flows is one issue, but technology exports into China that they use to turn — that maybe eventually turn against us, we have to stop doing that.
And I think we can do it by sectors. They do it by companies now. Obviously, they identified the six. I think, shockingly, when the balloon was recovered, it had American-made component parts in there with English on that. It was made — you know, parts made in America that were put on a spy balloon from China. I don’t think the American people accept that.
MARGARET BRENNAN: Do you believe that this was a strategic choice by Xi Jinping’s government in Beijing, or do you believe that it was just the left and right hand not knowing what was going on?
REPRESENTATIVE MICHAEL MCCAUL: When I saw the sites that it was flying over, it was very clear to me this was an intentional act. It was done with provocation to gather intelligence data and collect intelligence on our three major nuclear sites in this country.
Why? Because they’re looking at what — what is our capability in the event of a possible future conflict in Taiwan? They’re really assessing what we have in this country. I find it extraordinary the timing of this flight as well, right before the State of the Union speech, and also right before Secretary Blinken was scheduled to meet with Chairman Xi.
I think it was very much an act of belligerence on their part. And perhaps they don’t care what — what the American people think about that.
MARGARET BRENNAN: Before I let you go, I want to ask you.
You voted in the last Congress to provide a lot of assistance to Ukraine. But, this past week, at least 10 of your members, Republican members, introduced a bill called the Ukraine Fatigue Resolution to try to cut off aid.
How hard is it going to be to have a Republican-led House continue to help Ukraine?
REPRESENTATIVE MICHAEL MCCAUL: I still believe, Margaret, there are many, on both sides of the aisle, a majority of the majorities in support of this.
We have — we have factions on the left and right that do not support Ukraine…
MARGARET BRENNAN: This WAS a Republican bill.
REPRESENTATIVE MICHAEL MCCAUL: … assistance, and that will probably continue.
Right. And I do think, for me, particularly, it’s — we have to educate, where has the money gone? You know, the audits that are in place right now, there are four of them on Ukraine funding. And we have to explain, why is Ukraine so important?
You know, what happens in Ukraine impacts Taiwan and Chairman Xi, that China’s aligned with Russia, Iran and North Korea against freedom, democracy in the West. And I think that’s a debate we’ll have, but I still feel very confident that we will give them the assistance they need.
MARGARET BRENNAN: Yes.
REPRESENTATIVE MICHAEL MCCAUL: I would like to see it faster, so they can win this faster.
MARGARET BRENNAN: So, you — you think Matt Gaetz, Marjorie Taylor Greene, others who signed this need to be educated?
REPRESENTATIVE MICHAEL MCCAUL: I — you know, look, we took Marjorie Taylor Greene into a briefing.
She was satisfied, I thought, with what — the controls that have been put in place on the spending. But I don’t think that they will be — ever be persuaded that this cause is something that they would support.
I think they have this false dichotomy that somehow we can’t help Ukraine beat back the Russians, who invaded their country and — and secure the border. We can do both. We’re a great nation. And the fact of the matter is, unfortunately, this administration has chosen not to secure the border. He can’t even control and secure our airspace now, it looks like.
MARGARET BRENNAN: Congressman McCaul, thank you for your time today.
REPRESENTATIVE MICHAEL MCCAUL: Thanks, Margaret. Thanks for having me.
Seymour Hersch won a Pulitzer Prize for his reporting on the My Lai massacre in Vietnam. He is one of a dying breed of independent journalists. He has revealed that the United States destroyed Nord Stream Pipeline and this was all part of the Climate Change War where the Neocons are now supporting Nazis to exterminate Russia once and for all while they ask China to please wait quietly in line patiently for their turn to be destroyed. His in-depth article includes:
“Last June, the Navy divers, operating under the cover of a widely publicized mid-summer NATO exercise known as BALTOPS 22, planted the remotely triggered explosives that, three months later, destroyed three of the four Nord Stream pipelines, according to a source with direct knowledge of the operational planning.
Two of the pipelines, which were known collectively as Nord Stream 1, had been providing Germany and much of Western Europe with cheap Russian natural gas for more than a decade. A second pair of pipelines, called Nord Stream 2, had been built but were not yet operational. Now, with Russian troops massing on the Ukrainian border and the bloodiest war in Europe since 1945 looming, President Joseph Biden saw the pipelines as a vehicle for Vladimir Putin to weaponize natural gas for his political and territorial ambitions.”
Of course, the Goldbugs always misinterpret a rally in gold. The buying coming from China is in preparation for war – not bullish gold for the sake of gold. I have warned that if war was coming, then you will see China start to sell off US Treasuries. You certainly do not fund your adversary’s war against yourself.
China was buying aggressively during January, but they have backed off slightly. January was simply the standard 3-month reaction. The strong gold buying from China corresponded to China’s accelerated selling of U.S. Treasuries.
China is not buying gold because they think it will rally. It is perfectly fine if the price declines and just consolidates. They know war is coming and they can no longer maintain their reserves in dollars, euros, or yen no less than anyone else in the West – it all must go! Gold offers a non-political affiliation – neutrality. This is not buying gold as if it were an investment. We have completely different motives going on. Our own model warns that by 2032, there will be no United States acting as the reserve currency. The Biden Administration has done everything perfectly to destroy the world economy and the sad part about it, these morons do not even understand what they have done.
Tony, a reader, sent in a question. Message: “Mr. Armstrong what do you make of attorney general Merrick Garland’s recent approval to seize all of Russia’s assets that had been frozen in the United States to be given to the Ukraine?” Garland is violating every principle of international law. Denying Due Process of Law which comes from the Bible. When Cain killed Abel, God summoned him and gave him an opportunity to be heard, despite the fact he knew what he did. That is Due Process of Law – the right to be heard. What Garland is doing is outright unconstitutional and it is Treason to the foundation of every principle upon which this nation was founded.
The right to be heard resides in both the Sixth Amendment as well as the Fourteenth Amendment. A right to hearing entails that an individual maintains and be afforded the legal right to be heard in the venue of a court of law with adequate due process attached. Garland has shown he is violating the Civil Rights Act and is unworthy of holding any office whatsoever. If he were not in charge of the Department of Justice, he would be criminally prosecuted under 18 U.S.C. § 241.
18 U.S.C. § 241
Section 241 makes it unlawful for two or more persons to agree to injure, threaten, or intimidate a person in the United States in the free exercise or enjoyment of any right or privilege secured by the Constitution or laws of the United States or because of his or her having exercised such a right.
You cannot take anyone’s assets without Due Process of Law – PERIOD!
The confiscation of Russian assets is a clear violation of international law. They are including money confiscated from individuals as well. The destruction of NordStream was an act of economic warfare. These are acts that demonstrate what I have been saying – this is a war to DESTROY Russia. That is why Zelensky has instructed no peace negotiations. This has been planned for the fake Minsk Agreement. The West wanted to conquer Russia and they are prepared to see every Ukrainian die to weaken Russia so they will then send in Poland with tanks to conquer Moscow.
We are the aggressor. This is a Climate Change War and the end goal is a New World Order with one government. The current monetary system is collapsing. I believe Schwab’s Great Reset is our 2032. He knows our model. He realizes it is all collapsing. He is out to push it in his direction when the tree of liberty falls.
The current administration of the United States is out of control. It is destroying everything that we have worked for generations since World War II and it now even supports the nazis we once fought against.
Posted originally on the CTH on February 5, 2023 | Sundance
This is one of those interviews where you don’t have to take my word for what is being said, Gary Cohn and Margaret Brennan are gleeful about the January jobs report and the overall return of the U.S. economy to a service driven system with low wages. Seriously, this is them celebrating out loud.
In order to calm the Wall Street apoplexy about his election victory, President Trump selected Gary Cohn to be an economic advisor early in the administration. However, it was also no surprise that President Trump did not follow Cohn’s advice, and quickly dispatched him after Cohn protested. In this interview the worldview of Cohn is typically globalist, multinational and Wall St centric.
Talking about the January jobs report, Cohn literally gets everything wrong from the position of Main Street USA. Cohn also celebrates what he calls the “renormalization of the new economy.” Continuing with his thought process Cohn states, “A lot of the jobs that we saw were jobs in the service industry, the service, the industries coming back very strong because we’re starting to see the economy go back to what we historically think of the economy,” he said. This is exactly how Wall Street, and the multinationals look at the U.S. economy.
The next part that both Cohn and Margaret Brennan celebrate is even more sunlight. “The interesting thing about last month’s unemployment numbers is we brought people back to work, but we did not have to entice them with pay,” Cohn stated. “So, the monthly, the month over month number in wage gains was 30 basis points. The prior month was 40 basis points. So, we’re seeing we’re getting people back into the labor force for a lower wage than we were prior to this,” he said. With higher prices (inflation) crushing the middle-class and service workers, the multinationals Cohn represents are celebrating that they don’t have to pay workers higher wages. WATCH:
[Transcript] – MARGARET BRENNAN: So 517,000 new jobs, but a lot of companies, particularly in tech, are announcing layoffs. So exactly where’s the economy headed?
GARY COHN: So, it’s interesting. We did see the 500,000 plus new jobs, which was quite surprising, I think, to many of us. But I think what we’re actually seeing here is a renormalization of the new economy. A lot of the jobs that we saw were jobs in the service industry, the service, the industries coming back very strong because we’re starting to see the economy go back to what we historically think of the economy. For the first time, we’ve seen occupancy rates in offices in major cities over 50%. When you see occupancy rates go up, you need the service sector to work. Think about people going back into the office. They need parking attendants. They need people to work in the buildings. They need security. They need people to clean the buildings. People stop for coffee when they go into the buildings. They go out to lunch. They go to bars. For the- for that to happen, you need the service sectors to come back to work. So the 120,000 service sector employees that came back to work, that 100% correlates with people going back to what is the new normal. It may not be five days a week in the office, but it’s enough days in the week in the office where you need the service sector to come back to work. The interesting thing about last month’s unemployment numbers is we brought people back to work, but we did not have to entice them with pay. So the monthly, the month over month number in wage gains was 30 basis points. The prior month was 40 basis points. So we’re seeing we’re getting people back into the labor force for a lower wage than we were prior to this.
MARGARET BRENNAN: And that’s a little bit hopeful for you on the inflation front.
GARY COHN: Yeah, and I think this is natural. I think what we’ve seen is, after all the stimulus that was put in the system over the last three months, people are running out of the stimulus money. We saw that in the fourth quarter of last year. We saw consumer spending slow down. We saw debit balances on credit cards go up. We started to see delinquencies go up. And you know what happened? People actually did the right thing and they went back to work. They’re engaged and they reenter the workforce. And I think we saw a lot of that in the January numbers.
MARGARET BRENNAN: So these more positive signs have led Bank of America, for example, to say recession still in the cards, but not until after March. I wonder what your thoughts are on that. And as CEOs warned about borrowing costs going up as a result of the Fed hiking. They are tightening belts. So how far off is this recession?
GARY COHN: Well, we’ve got a couple of phenomena going on. Interest rates have been going up, so borrowing costs have been going up for companies. On the flip side, the dollar has been weakening. So the multinational corporations in the United States who repatriate earnings from offshore, those repatriated earnings have become more valuable. I think the people that have been really worried about a recession in the first and second quarter of this year, I think after what we’ve seen this week with both Chairman Powell’s announcements and the data in unemployment, I think that recession is off the table for Q and one in Q2 of this year. You know, we’re going to get another employment report before the next Fed meeting and we’ll see where the economy’s going. But it does feel like we’re in relatively good shape here. The question is going to be how does the Federal Reserve handle what’s going on in the economy? Are we going to continue to have to increase wages to draw people back in the labor force, or are people coming back in the labor force because they need to? And we’re not going to have wage inflation if that happens. The Federal Reserve is actually in a very good place.
MARGARET BRENNAN: Let me ask you about something the Fed chair said this week. He said Congress has to lift this debt ceiling. I’m throwing one of the things that could screw up your- your rosy prediction at you. He said no one should assume that the Fed can protect the economy from the consequences of failing to act in a timely manner. He’s warning he’s not making plans for a default. You’re on your own if it happens.
GARY COHN: Yes.
MARGARET BRENNAN: Should there be a plan for the Fed to step in? I mean, I know legally it’s in question here, but I talk to people on Capitol Hill who say Wall Street is not taking this seriously enough. The politics are really bad around the debt ceiling.
GARY COHN: The politics are very bad. You know, the one thing is every American, every American is holding the US government to raise the debt ceiling. The full faith and credit of the US dollar and the US dollar being the reserve currency is imperative to our economic well-being as a country. We ultimately have to get the debt ceiling raised. That said, what’s going on here is not something out of the ordinary. If you look at debt ceiling raises over the last 40 or 50 years, no matter which party is in the minority, about 50% of the time, debt ceiling raises come with some amendments attached- attached to them from the other party. So this is quite an. Normal, the process that we’re going through.
MARGARET BRENNAN: You don’t sound overly concerned.
GARY COHN: Like I’m always concerned when we’re dealing with debt ceiling, but I have a feeling that we will get there in the end when we have no other choice. You had this- you had the speaker here last week and he felt confident that we would get there when we had no other choice. The speaker met with the president of the United States this week. The two of them came out of the meeting relatively confident. I feel they both understand there is no choice. In the end of the day, we have to raise the debt ceiling. The question is, can the Republicans get something in the legislation, attach the debt ceiling legislation that they want that they feel like is a win and the Democrats are willing to give it to? Historically, that is what’s happened numerous times.
MARGARET BRENNAN: Yeah. And the risk there is real. I want to ask you as well about China. Mark Warner was here with us last week and he said technology competition with China is the biggest issue of our time. He’s worried about things that- like your company does IBM, in terms of quantum computing. Is enough being done to keep America competitive on that front?
GARY COHN: Well, we’re starting you know, if you look at where we’ve been this year, you know, we passed the CHIPS Act in the United States, which, you know, is- is- is something that’s not a normal motion for us in the United States for the federal government to pick and choose–
MARGARET BRENNAN: To subsidize.
GARY COHN: –an industry, and and to subsidize. It really is not a normal action- is an action that, you know, historically I probably not would have been have supportive. I was extremely supportive of the CHIPS Act, we at IBM was extremely supportive of the CHIPS Act. If we learned nothing else from the pandemic, we learned that there are certain goods that are necessity goods for this country to have, and we are overly reliant on places like China. And if we don’t find ways to change the manufacturing system in the supply chain and move it back to the United States where we can take care of ourselves, we have made a catastrophic miscalculation. Chips are one of those areas where we cannot depend on the rest of the world and run our manufacturing business and continue to grow our economy. Pharmaceuticals is another area where we really have to move that industry and that manufacturing back to the United States. So I think we really have to evaluate what are the most crucial and sensitive businesses or industries that we cannot live within the United States. And we’re going to have to make real investments in those here in this country.
MARGARET BRENNAN: And we’ll keep talking about it with legislators. Have to figure out how to pass some of those laws. We’re going to take a quick break. And when we come back, we’ll be talking with four members of the freshman class and the 118th Congress.
Posted originally on the CTH on February 4, 2023 | Sundance
The Bureau of Labor Statistics (BLS) published a jobs report yesterday [DATA LINK] that has stunned the professional financial class. However, those who have followed the BLS data assemblies were laughing – not surprised. Eventually, if this continues, the BLS pretzel logic will start using terms like “eleventy.”
Throughout 2022, the BLS modified the underlying data they used to assemble their jobs reporting. The latest release shows that 517,000 jobs were gained in the labor market, despite every other economic indicator showing we are in an economy of contraction. The question becomes, why the disconnect?
There are two surveys that make up the BLS reporting. The Household survey is conducted by calling people and just asking if they are employed. The Payroll survey is conducted by reviewing large and medium businesses, no small businesses are included, and that plays a role in the disconnect.
Since the spring of last year, the two surveys have completely disconnected from each other. The household survey finds a net gain of 12,000 jobs in the last three quarters; the Payroll survey shows gains of 2.7 million jobs during the same time.
ZeroHedge did a good dive on the issue (SEE HERE), and their analysis reports, “[…] the number of full-time workers in March 2022 was 132.587 million. Fast forward to January 2023 when it was 132.577: that’s right: total US full-time workers declined by 10K over a period of 10 months. Meanwhile, part-time workers soared from 25.908 million to 27.400 million, an increase of 1.492 million! So at least we know where the bulk of the increase in US labor came from in the past year: virtually no full-time jobs, and all part-time.”
Additionally, Forbes dove into the data (SEE HERE) and reached a similar conclusion, the BLS data is all nonsense covered in statistical noise.
Forbes – […] “The Payroll Survey shows employment growth of nearly 2.7 million jobs between March and November. The Household Survey, over the same period, shows 12,000. Something is seriously wrong! The headline number that is broadcast in the media is the Payroll Survey, so if it is incorrect and the Household Survey is accurate, then the “hot” jobs market, which the Fed uses to justify its rate increases, is really a “cold” jobs market.
Looking at the recent past, the two surveys were in sync until March, when the Payroll Survey took off. Some of the issue could revolve around the small business birth/death assumptions. Since the Payroll Survey doesn’t sample small businesses, the Bureau of Labor Statistics (BLS) adds a number based on a time trend, and they even seasonally adjust this data. Over that March to November period, the Birth/Death model added 1.3 million jobs. This appears strange to any observer of economic trends, which tells us that business is contracting, not expanding. Even if the Birth/Death add-on is eliminated, the discrepancy is still 1.36 million jobs between the two surveys.” (read more)
Representative Alexandria Ocasio-Cortez (AOC) was showcasing how the term “hopping mad” originated today during a theatrical performance about her friend Ilhan Omar being removed from her seat on the House Foreign Affairs Committee. WATCH:
Posted originally on the CTH on February 2, 2023 | Sundance
This is so critically important to the understanding of the core, central element where the globalism atom splits and the resulting destruction begins, that I must pause all personal recovery efforts -immediately- and explain. This is an incredible example of where corporations and government merge. This is the atom split. This is the root, the nub, the place where “trillions at stake” takes context.
Strong HatTip to Gateway Pundit for this exceptional video and example {Direct Rumble Link Here}. The understanding comes via a Canadian dairy farmer, who, like thousands of other farmers around the world, is a private business under government control. This example is about dairy, specifically milk, however, the underlying premise goes much further.
This is modern corporatism, the nexus of govt intervention, regulations and the multinational exploitation of industry. This is also the globalist example that shows how the concepts of “capitalism” and “free markets” have been destroyed. First, watch the video:
What you are witnessing in that video is something we have talked about at length for years.
Influential people, politicians (rules) and corporate leaders (profits), both with vested financial interests in the process, have sold a narrative that global manufacturing, global sourcing, and global production is the inherent way of the future. The same voices claimed the American economy was/is consigned to become a “service-driven economy.”
What was always missed in these discussions is that advocates selling this global-economy message have a vested financial and ideological interest in convincing the information consumer it is all just a natural outcome of economic progress.
It’s not.
It’s not natural at all. It is a process that is entirely controlled, promoted and utilized by large conglomerates, lobbyists, purchased politicians and massive multinational corporations.
To understand who opposes President Trump, Jair Bolsonaro, or any economic nationalist, specifically because of the economic leverage against multinational corporations their policy creates, it becomes important to understand the objectives of the global and financial elite who run and operate the institutions. The Big Club.
Understanding how trillions of trade dollars influence geopolitical policy we begin to understand the three-decade global financial construct they seek to protect. That is, global financial exploitation of national markets.
FOUR BASIC ELEMENTS:
♦Multinational corporations purchase controlling interests in various national outputs (harvests and raw materials), and ancillary industries, of developed industrial western nations. {example}
♦The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks. (*note* in China it is the communist government underwriting the purchase)
♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).
♦With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.
For three decades economic “globalism” has advanced, quickly. Everyone accepts this statement, yet few actually stop to ask who and what are behind this – and why?
Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations.
Institutions like the World Trade Organization (WTO), World Bank and International Monetary Fund (IMF), control trillions of dollars in economic activity. Underneath that economic activity there are people who hold the reins of power over the outcomes. These individuals and groups are the stakeholders in direct opposition to principles of America-First national economics.
The modern financial constructs of these entities have been established over the course of the past three decades. When you understand how they manipulate the economic system of individual nations you begin to understand why they are so fundamentally opposed to President Trump.
In the Western World, separate from communist control perspectives (ie. China), “Global markets” are a modern myth; nothing more than a talking point meant to keep people satiated with sound bites they might find familiar; but the truth is ‘global markets’ have been destroyed over the past three decades by multinational corporations who control the products formerly contained within global markets. This is the function of the World Economic Forum.
The same is true for “Commodities Markets.” The multinational trade and economic system, run by corporations and multinational banks, now controls the product outputs of independent nations. The free market economic system has been usurped by entities who create what is best described as ‘controlled markets’.
Bulletpoint #1:♦ Multinational corporations purchase controlling interests in various national elements of developed industrial western nations.
This is perhaps the most challenging to understand. In essence, thanks specifically to the way the World Trade Organization (WTO) was established in 1995, national companies expanded their influence into multiple nations, across a myriad of industries and economic sectors (energy, agriculture, raw earth minerals, etc.).
This is the basic underpinning of national companies becoming multinational corporations.
Think of these multinational corporations as global entities now powerful enough to reach into multiple nations -simultaneously- and purchase controlling interests in a single economic commodity.
A historic reference point might be the original multinational enterprise, energy via oil production. (Exxon, Mobil, BP, etc.)
However, in the modern global world, it’s not just oil; the resource and product procurement extend to virtually every possible commodity and industry. From the very visible (wheat/corn) to the obscure (small minerals, and even flowers).
Bulletpoint #2 ♦ The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks.
During the past several decades national companies merged. The largest lemon producer company in Brazil, merges with the largest lemon company in Mexico, merges with the largest lemon company in Argentina, merges with the largest lemon company in the U.S., etc. etc. National companies, formerly of one nation, become “continental” companies with control over an entire continent of nations.
…. or it could be over several continents or even the entire world market of Lemon/Widget production. These are now multinational corporations. They hold interests in specific segments (this example lemons) across a broad variety of individual nations.
National laws on Monopoly building are not the same in all nations. Most are not as structured as the U.S.A or other more developed nations (with more laws). During the acquisition phase, when encountering a highly developed nation with monopoly laws, the process of an umbrella corporation might be needed to purchase the targeted interests within a specific nation. The example of Monsanto applies here.
Bulletpoint #3 ♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).
In underdeveloped countries the process of buying a political outcome is called bribery. Within the United States we call it lobbying. The process is exactly the same.
With control of the majority of actual lemons the multinational corporation now holds a different set of financial values than a local farmer or national market. This is why commodities exchanges are essentially dead. In the aggregate the mercantile exchange is no longer a free or supply-based market; it is now a controlled market exploited by mega-sized multinational corporations.
Instead of the traditional ‘supply/demand’ equation determining prices, the corporations look to see what nations can afford what prices. The supply of the controlled product is then distributed to the country according to their ability to afford the price. This is essentially the bastardized and politicized function of the World Trade Organization (WTO). This is also how the corporations controlling WTO policy maximize profits.
Back to the lemons. A corporation might hold the rights to the majority of the lemon production in Brazil, Argentina and California/Florida. The price the U.S. consumer pays for the lemons is directed by the amount of inventory (distribution) the controlling corporation allows in the U.S.
If the U.S. lemon harvest is abundant, the controlling interests will export the product to keep the U.S. consumer spending at peak or optimal price. A U.S. customer might pay $2 for a lemon, a Mexican customer might pay .50¢, and a Canadian $1.25.
The bottom line issue is the national supply (in this example ‘harvest/yield’) is not driving the national price because the supply is now controlled by massive multinational corporations.
The mistake people often make is calling this a “global commodity” process. In the modern era this “global commodity” phrase is particularly nonsense.
A true global commodity is a process of individual nations harvesting/creating a similar product and bringing that product to a global market. Individual nations each independently engaged in creating a similar product.
Under modern globalism this process no longer takes place. It’s a complete fraud. Massive multinational corporations control the majority of production inside each nation and therefore control the global product market and price. It is a controlled system.
EXAMPLE: Part of the lobbying in the food industry is to advocate for the expansion of U.S. taxpayer benefits to underwrite the costs of the domestic food products they control. By lobbying DC these multinational corporations get congress and policy-makers to expand the basis of who can use EBT and SNAP benefits (state reimbursement rates).
Expanding the federal subsidy for food purchases is part of the corporate profit dynamic.
With increased taxpayer subsidies, the food price controllers can charge more domestically and export more of the product internationally. Taxes, via subsidies, go into their profit margins. The corporations then use a portion of those enhanced profits in contributions to the politicians. It’s a circle of money.
In highly developed nations this multinational corporate process requires the corporation to purchase the domestic political process (as above) with individual nations allowing the exploitation in varying degrees. As such, the corporate lobbyists pay hundreds of millions to politicians for changes in policies and regulations; one sector, one product, or one industry at a time.
These are specialized lobbyists.
EXAMPLE: The Committee on Foreign Investment in the United States (CFIUS)
CFIUS is an inter-agency committee authorized to review transactions that could result in control of a U.S. business by a foreign person (“covered transactions”), in order to determine the effect of such transactions on the national security of the United States.
CFIUS operates pursuant to section 721 of the Defense Production Act of 1950, as amended by the Foreign Investment and National Security Act of 2007 (FINSA) (section 721) and as implemented by Executive Order 11858, as amended, and regulations at 31 C.F.R. Part 800.
The CFIUS process has been the subject of significant reforms over the past several years. These include numerous improvements in internal CFIUS procedures, enactment of FINSA in July 2007, amendment of Executive Order 11858 in January 2008, revision of the CFIUS regulations in November 2008, and publication of guidance on CFIUS’s national security considerations in December 2008 (more)
Bulletpoint #4 ♦ With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.
The process of charging the U.S. consumer more for a product, that under normal national market conditions would cost less, is a process called exfiltration of wealth. This is the basic premise, the cornerstone, behind the catchphrase ‘globalism‘.
It is never discussed.
To control the market price some contracted product may even be secured and shipped with the intent to allow it to sit idle (or rot). This is where the dumping of the milk comes into play. None of this is a market driven outcome. All of this is being controlled by guiding hands of politicians, rule makers, and the partnership with the private sector corporations.
It’s all about controlling the price and maximizing the profit equation. We are discussing food and agricultural production, but the issue (the process of control) covers far more than just food, farming and Ag in general. It’s everything folks. Everything.
To gain the same $1 profit a widget multinational might have to sell 20 widgets in El-Salvador (.25¢ each), or two widgets in the U.S. ($2.50/each).
Think of the process like the historic reference of OPEC (Organization of Petroleum Exporting Countries). Only in the modern era massive corporations are playing the role of OPEC and it’s not oil being controlled, thanks to the WTO it’s almost everything.
Again, this is highlighted in the example of taxpayers subsidizing the food sector (EBT, SNAP etc.), the multinational corporations can charge domestic U.S. consumers more.
Ex. more beef is exported, red meat prices remain high at the grocery store, but subsidized U.S. consumers can better afford the high prices.
Of course, if you are not receiving food payment assistance (middle-class) you can’t eat the steaks because you can’t afford them. (Not accidentally, it’s the same scheme in the ObamaCare healthcare system)
Agriculturally, multinational corporate Monsanto says: ‘all your harvests are belong to us‘. Contract with us, or you lose because we can control the market price of your end product.
The downside is that once you sign that contract, you agree to terms that are entirely created by the financial interests of the larger corporation, not your farm. Additionally, the rule makers (govt), are working hand in glove with the corporations who control the outcome.
The multinational agriculture lobby is massive. We willingly feed the world as part of the system; but you as a grocery customer pay more per unit at the grocery store because domestic supply no longer determines domestic price.
Within the agriculture community the (feed-the-world) production export factor also drives the need for labor. Labor is a cost. The multinational corps have a vested interest in low labor costs. Ergo, open border policies. (ie. willingly purchased republicans not supporting border wall etc.).
This corrupt economic manipulation/exploitation applies over multiple sectors, and even in the sub-sector of an industry like steel. China/India purchases the raw material, coking coal, then sells the finished good (rolled steel) back to the global market at a discount. Or it could be rubber, or concrete, or plastic, or frozen chicken parts etc.
The ‘America First’ Trump-Trade Doctrine upsets the entire construct of this multinational export/control dynamic. Team Trump focus exclusively on bilateral trade deals, with specific trade agreements targeted toward individual nations (not national corporations).
‘America-First’ is also specific policy at a granular product level looking out for the national interests of the United States, U.S. workers, U.S. companies and U.S. consumers.
Under President Trump’s Trade positions, balanced and fair trade with strong regulatory control over national assets, exfiltration of U.S. national wealth is essentially stopped.
This puts many current multinational corporations, globalists who previously took a stake-hold in the U.S. economy with intention to export the wealth, in a position of holding contracted interest of an asset they can no longer exploit.
Perhaps now we understand better how massive multi-billion multinational corporations and institutions are aligned against President Trump. In essence, Donald Trump is the anti-WEF weapon of the American people.
They will even organize a western corporate war against Russia to stop anyone from blocking their financial goals.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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