Americans Want Energy Independence


Armstrong Economics Blog/Energy Re-Posted Mar 17, 2022 by Martin Armstrong

Americans want President Biden to “green light the restart of the building of the Keystone XL pipeline that would transport oil from Canada’s oil sands region through the Midwest to refineries in Texas.” Maru Public Opinion for Postmedia noted in a poll that 71% of Americans support the idea. Around 39% state they favor the idea very much, while another 32% reported somewhat favoring the idea. Around 16% somewhat oppose the idea, and 13% remain very opposed. “It would appear that the public, given the current circumstance, has decided that this is a bipartisan solution to what is now an unprecedented circumstance,” John Wright, Maru Public Opinion’s executive vice-president, stated.

If Joe Biden didn’t kill the project the moment he took office, it would be ready for operation in Q1 of 2023. Experts say it would now take much longer to complete the pipeline amid supply shortages. Last week, Democrats blocked a motion put forward by Republicans called the American Energy Independence from Russia Act to once again prevent America from becoming energy independent.

“This week our president — our American president — asked Venezuela and Saudi Arabia to increase oil production, asked them to boost their output so that American consumers wouldn’t see a spike in gas prices,” Rep. Dan Crenshaw (R-TX) said. “Surely, [Biden] knows we can also boost domestic production right here at home. Surely he knows that domestic production supports American jobs, and surely he knows that domestic production is cleaner, by far, than foreign production.”

That’s right — Biden turned to hostile dictators for help instead of tapping into the numerous options he has available at home. His policies are disingenuous and do not represent the wishes of the people who allegedly elected him.

NATO Calls up Hundreds of Thousands of Troops Ready to Begin WWIII


Armstrong Economics Blog/War Re-Posted Mar 17, 2022 by Martin Armstrong

The pressure to start World War III is on. NATO now expects that there will be a major war with Russia and the confrontation may come even in a few weeks. The NATO Secretary-General announced an increased war alert for hundreds of thousands of soldiers. Stoltenberg issued a joint statement with US Secretary of Defense Lloyd Austin, stating that hundreds of thousands of NATO troops were placed on high alert along with 100,000 US troops.

The problem with war is that BOTH sides lie and twist the facts to support their own agenda. They paint their adversary as evil to stir up the troops to go fight and risk their lives typically for fake stories and agendas.

The Press is deliberately trying to create World War III and is engaged in using photos of children hurt and others from events unrelated to Ukraine. This is all to beat the war drums to create World War III without any honest understanding of what that will mean.

Despite the hatred and demonization of Putin, he has been trying to take the high road. Zelensky has been following his orders and refusing to compromise on anything.

As a Young World Lead, he is showing the same authoritarian approach as Trudeau in Canada as well as Australia and New Zealand who are all on board with this Great Reset.

We may see this crisis turn into a confrontation as soon as the week of April 18th going into the first week of May based upon our computer models. I am glad I spent a fair portion of my life in Europe to see all the historical monuments before these people feel the need to destroy the world over two provinces in Ukraine. I fear this time, the monuments will not survive.

Pray for civilization for we have madmen leading the West into World War III all so they can Build Back Better as they did following World War II with Bretton Woods II, but this time we are facing a completely different war with biological weapons and nuclear war.

Unfortunately, the press will NEVER tell us the truth or explain just why people are expected to lose their lives for some noble cause that is always wrong in propaganda to support a political agenda. This time, the bombs will be wiping out American cities unlike World War I and II.

The Scheme behind the Great Reset


Armstrong Economics Blog/Great Reset Re-Posted Mar 17, 2022 by Martin Armstrong

As the press covered Zelnensky’s professional speech carried out by his acting training, he continued to try to pull on the heartstrings of the American people to further the hatred of Putin and to wage World War III. He knows what he is asking for and he is not stupid. Zelensky said on March 16 that World War III may have already started amid the Russia–Ukraine conflict. He is desperately trying to create World War III. This will end up nuclear and he is no hero, and the press had better start doing some real investigative work before it is too late.

The National Hero of Ukraine in Zelensky’s mind is Stephan Bandera who was a Ukrainian Nazi in whose name they massacred hundreds of Jews, Poles, and Russians with the same philosophy of ethnic purity. The Ukrainian Nazis were protected by the CIA and the Neocons BECAUSE they also hated Russians. The German Nazis were put on trial but the US covered up the Ukrainian Nazis because they hated Russians and that warranted their partnership.

Bandera’s monument stands in Ukraine not as a Nazi war criminal, but as a national hero. The Jews who hunted down Nazis who fled never knew the full story about the Ukrainian Nazis who the US protected.

The money that was behind Zelensky for his career came from an oligarch linked to George Soros who did what he could to make sure Zelensky knows that his repeated call for the U.S. to enforce a no-fly zone over Ukraine will not spare his country – it will result in its total destruction. That will be an all-out war between the United States and Russia which will drag in China and North Korea as well as in the Balkans from Serbia and Belarus just for starters. Iran will love to join the party against the West and you can bet that will result in bombs falling on Israel.

Even the latest James Bond movie was about bioweapons that can target an individual or a specific ethnicity. This is why Macron refused to take a COVID test in Russia because that would give them his DNA. The Biolabs the US has been running on the border of Russia in Ukraine and China are alleged to be engaged in creating such bioweapons. The US denies that but they also refuse to allow international observers to inspect these facilities – 130 in total.

George Soros in fact acknowledged in an interview with CNN that he actively contributed to the overthrow of former Ukrainian President Viktor Yanukovych in 2014. He said:

“I created a foundation in Ukraine before it became independent from Russia. The foundation has functioned since then and has played an important role in current events,”

Soros supported  Volodymyr Zelenskyy for President and his friend secretly financed Zelensky – the Ukrainian oligarch Igor Kolomoisky. It was Kolomisky whose name surfaced in the Pandora Papers investigation, which was uncovered tracing money laundering by more than 600 journalists. The worldwide probe by the International Consortium of Investigative Journalists (ICIJ), included work by journalists from the Ukrainian as well. They connected the financial dealings of Zelensky’s television production company Studio Kvartal 95 to the Ukrainian oligarch Igor Kolomoisky. Today, Kolomoisky is a person of interest in investigations in Ukraine, Britain, and the United States. However, now that Zelensky is being portrayed as a hero standing against Putin, now of this will see the light of day.

Now we have Soros out in force claiming that China in league with Russia will “destroy our civilization” when it fact Zelensky is the puppet pushing desperately for World War III so the Neocons can wage war against China and Russia and they think they will get to then usher in the Great Reset and restart the world monetary system all over again with the United Nations as the one-world governing body.

So while everyone cheers Zelensky, they have no idea what cost there will be is getting involved in Ukraine. Zelensky could have easily saved his country by just ending the idea of joining NATO, allowing the two provinces to vote on the separation as was in the Minsk Agreement of 2014, and end all claims to Crimea which was historically Russian territory that was simply assigned to Ukraine for governorship under the Soviet Union. Ukraine was never its own country before the Soviet Union.

This is all being well played and they are desperate for the people to plead for war and that will be the crowning glory for the Great Reset – a completely new world order.

Tucker Carlson Helps Maria Salazar Destroy Her Short-Lived Political Career


Posted originally on the conservative tree house on March 16, 2022 | Sundance 

House Republican Representative Maria Salazar is an identity based DeceptiCon politican from the Miami area.   As one of the newest House members, Salazar has cut her teeth in professional Republican DC circles with neocon war advocacy, comprehensive immigration reform to include amnesty, and she was one of the House members to vote to approve Nancy Pelosi’s J6 committee to target political opposition.  Currently, Salazar waves the Ukraine flag while demanding war against Russia.

In short, Representative Salazar is a Bonafide Chamber of Commerce/Wall Street Republican who hides behind the shields of gender and race when challenged on her political advocacy.  Salazar won her election because President Trump flipped her Miami district.  However, since taking office she has been anti-MAGA in her positions.  Tucker called her out, WATCH:

These are the Nancy Pelosi “Republicans.”

Unreal, Jussie Smollett Released from Jail During His Appeal


Posted originally on the conservative tree house on March 16, 2022 | Sundance 

We have two tiers of justice, one for the entitled class and one for everyone else.  They don’t even try to hide it.

(Chicago, AP) — Jussie Smollett was released from jail Wednesday following six nights behind bars after an appeals court agreed with his lawyers that he should be free pending the appeal of his conviction for lying to police about a racist and homophobic attack.

The former “Empire” actor walked out of the Cook County Jail surrounded by security. He did not comment as he got into an awaiting SUV, but his attorneys said Smollett, who is Black and gay, was the target of a racist justice system and people playing politics.

The appeals court ruling came after a Cook County judge sentenced Smollett last week to immediately begin serving 150 days in jail for his conviction on five felony counts of disorderly conduct for lying to police. (read more)

Energy Secretary Admits White House Using Ukraine Crisis as “Urgent Moment” To Transition US to Clean Energy


Posted originally on the conservative tree house on March 16, 2022 | Sundance 

Following the familiar pattern of never letting a crisis go to waste, the Biden administration has now admitted their intent, with the opportunity Ukraine represents, is to fundamentally change the U.S. energy program to Green New Deal objectives.

As they did with the COVID crisis, it is not the actual crisis that matters, but the government response to the crisis.  That response is what triggers the fundamental change.  As noted by Keeler, “there is no reason a contained conflict on the edges of Europe should be fundamentally altering the global financial system. The hysterical overreaction is doing that, as it was intended to.”

The same approach applies to oil and a totally new energy program. Jennifer Granholm claims that the crisis in Europe is an “urgent moment” to transition to “clean energy.”  Secretary Jennifer Granholm made the admission recently during remarks at a climate change discussion, while seated next to John Podesta {Direct Rumble Link}, WATCH:

In the Modern Adaption of The Wizard of Oz…


Posted originally on the conservative tree house on March 16, 2022 | Sundance

… When this scene is remade in the 2022 version, the media munchkins will grab clubs, beat Toto to death, pull the curtain back closed and throw a parade for the Wicked Witch.

Dorothy then dies from a vaccine induced blood clot, the tin man is recycled by China, the cowardly lion becomes Senate majority leader, and the strawman is selected as the new U.S. President.

U.S. Retail Sales Collapse as Govt and Media Attempt Denial That Economy Is Contracting


Posted originally on the conservative tree house on March 16, 2022 | Sundance 

Move along, move along folks… please do not pay attention to the fire raging downtown, the suburbs are so nice this time of year… move along folks, look shiny Ukraine thing over there…

When retail sales are calculated, they are calculated in dollars.  Any recorded increase in retail sales that does not exceed the price increases in those items is factually reflecting a drop in units sold.

Ex. – if you sell 300 items at $1.00 each, you have $300 in sales.  If you sell 250 items at $1.25 each, you have $312.50 in sales.  Technically, you have a 4.1% increase in sales.  However, you have sold 17% less items (50 units).

When you are selling less stuff, your business (economy) is contracting, not expanding.  We have been in this contracting cycle (an actual production recession) since May/June of last year; however, the contraction has not been recognized because massive inflation is hiding it.  That, my friends, is the painful truth and it spells big trouble ahead.

(AP) […] Retail sales increased 0.3% after registering a revised 4.9% jump from December to January, fueled by wage gains, solid hiring and more money in banking accounts, according to the Commerce Department. January’s increase was the biggest jump in spending since last March, when American households received a final federal stimulus check of $1,400.

Business at furniture and home furnishing stores fell 1% in February, while sales at consumer electronics and appliance stores slipped 0.6%. General merchandise stores saw business down 0.2%, while online sales fell 3.7%. Restaurant sales rose 2.5% as shoppers shift more of their spending to services as the threat of COVID-19 fades. (read more)

Take the figures above and compare them to the sector inflation in February (Table-2, BLS Report)  – Just sticking to what is above:

  • Furniture prices rose 0.8% in Feb, total furniture sales dropped 1.0%
  • Electronics and appliances rose around 1.8% in Feb, sales dropped 0.6%
  • Online sales items rose in price around 0.5%, sales dropped 3.7%

.

What this reflects is an actual contraction much greater than the dollar drop in sales.   In most cases the unit sales dropped at a rate six times the price difference.  If you reverse engineer the math, the average is approximately a 15% reduction in durable good units purchased.

In a very macro perspective, that means the U.S. economy overall has approximately 15% too much labor in the sectors associated with the categories of goods that people have stopped purchasing.  This means people working in the durable goods sector, production, assembly, transportation, delivery and retail sales staff, are about to get laid off work, RIF’d and downsized.

Math is math, and inflation clouds the realities of the economy.

Ordinary people are prioritizing spending and watching their wages get chewed up by higher prices for food, energy, fuel and housing.  If you live in a predominantly working class or blue-collar area, when you start seeing contraction locally, you can be sure it will show up nationally.

Prepare for a long-duration recession, combined with increasingly costly energy costs.

However, do not distress yourself with dark imaginings.  Instead, empower yourself.  Take action today to evaluate your expenses and then ask how can I lower those expense costs by modifying my habits?  Think strategically about convenience -vs- costs -vs- how much your own time is worth.

You may not need to modify anything.  Or you may need to reevaluate priorities in order to help your kids or grandkids.

Be wise.

Be the hero for your family.

Be strong.

Be proactive.

Above all, be thankful to a loving God.  No weapon formed against you shall prosper.

Stay humble in your expectations, stay connected to your stabilized core self, and embrace fellowship.

This too shall pass.

#FJB

Joe Biden Says Every American Knows Someone Blackmailed by Intimate, Naked and Sexually Explicit Pictures


Posted originally on the conservative tree house on March 16, 2022 | Sundance

This is really weird folks, and not just the part I am highlighting here.   In a very creepy public presentation today by Joe Biden highlighting the extension of the ‘violence against women act‘, Biden went through the stages of shouting then whispering as he delivered remarks about abuse and exploitation based on gender.

In part of his remarks, and trust me, the entire remarks were seriously disturbing, Joe Biden said, “I’ll bet everybody knows someone, somewhere along the line, that in an intimate relationship what happened was the guy takes a revealing picture of a naked friend, or whatever, in a compromising position, and then literally in a sense blackmails them or mortifies them.”  WATCH: 26:55 prompted:

Maybe it’s my own naiveté, but I don’t know a single person this would relate to.

Perhaps this says something about the culture in/around Washington DC that sexploitation is such a familiar topic.  Regardless, if these comments were in his teleprompter, that tells us a lot about the people surrounding the office of the president, and it is not good.

Inflection Point Maximum, Volodymyr Zelenskyy Addresses a Joint Session of Congress


Posted originally on the conservative tree hose on March 16, 2022 | Sundance 

There is so much that needs to be said about this.  It is almost impossible to put into an appropriate context, knowing that history will look upon this moment as the inflection point of no return.

Here is what took place in Washington DC, earlier today, as Ukrainian President Volodymyr Zelenskyy addressed a joint session of congress. WATCH:

Perhaps, pictures are worth more words….