2022 WEC: In the Dollar We Trust


Armstrong Economics Blog/World Economic Conference Re-Posted Nov 8, 2022 by Martin Armstrong

At the World Economic Conference in 2021, the Armstrong Socrates model predicted that 2022 was going to be volatile and chaotic featuring a strong US dollar, a huge move in interest rates, a major bond market decline, fertilizer and food shortages, as well as escalating geopolitical tensions in Ukraine.

What now? Socrates forecast that 2023 will be more volatile and chaotic, featuring violent moves across all markets as monetary and geopolitical tensions and debt problems intensify.

At this year’s World Economic Conference, November 11-13, Martin Armstrong will talk about what’s next for the US dollar and other currencies, the liquidity/credit crisis, as well as price targets for oil, gold, stocks, bonds/interest rates, and stocks.

Give yourself an “unfair” advantage over the markets by joining us at this year’s conference remotely or in person. Meet Martin Armstrong – have your questions answered and get the best roadmap for 2023 and beyond in the investment business.

BREAKING: Catherine Englebrecht and Gregg Phillips Released from Imprisonment by Order of Fifth Circuit Court of Appeals


Posted originally on the conservative tree house on November 6, 2022 | Sundance 

By order of the Fifth Circuit Court of Appeals, Catherine Engelbrecht and Gregg Phillips have been ordered RELEASED from custody, reversing the lower court decision which led to their detention and imprisonment for six days. {Background}

A statement from Catherine and Gregg posted on Truth Social:

I will look for more details on the Texas Fifth Circuit Court of Appeal decision.

Konnech CEO Eugene Yu was arrested for exploiting access to U.S. election data, including election worker information, and transferring the files to China.

Eugene Yu and Konnech sued True the Vote and are using the U.S. civil judicial system to find out who told the FBI about the Chinese data harvesting operation. Federal Judge Kenneth Hoyt demanded that Phillips and Englebrecht reveal the names of everyone who was present when the original data files were shown to True the Vote.

Englebrecht and Phillips stated they did not ever possess the data file, do not have it and refused to name all the participants who may have seen it.   Judge Hoyt threw them in jail last Monday until Englebrecht and Phillips give up the names to the court and the Chinese Communist Party.

Their release comes a day after President Trump drew attention to their wrongful incarceration during a MAGA rally in Latrobe Pennsylvania.   Fox News Host Tucker Carlson also drew attention to the case.

DeSantis Megadonor, Billionaire Head of Citadel Investments Ken Griffin, Explains Why He Purchased Ron DeSantis for 2024 and What He Expects from His Investment


Posted originally on the conservative tree house on November 6, 2022 | Sundance 

When politicians in Mexico and South America take financial payments from corporations and billionaires, we call it “corruption.”  When politicians in the United States take financial payments from corporations and billionaires, we call it “lobbying.”  The process is identical.

Billionaire Citadel Investment hedge fund CEO Ken Griffin (pictured above, center) is one of the top purchasers of Florida Governor Ron DeSantis for a 2024 presidential bid.  In a recent article for Politico, Mr. Griffin openly explains what he expects from his investment in DeSantis:

WASHINGTON DC – […] He has given nearly $60 million to federal Republican candidates and campaigns this election cycle. That puts Griffin behind just liberal billionaire George Soros, who’s given more than $128 million to Democrats, and Richard Uihlein, who aligns himself with far-right candidates and organizations, at about $62 million.

[…] While he’s supporting one of this cycle’s biggest culture warriors in DeSantis, Griffin said most hot-button issues — abortion rights, battles over sex education and LGBTQ rights — don’t define his interests. He wants to improve the diversity of the GOP and blunt the vein of populism that has complicated the party’s relationship with the corporate world — two things he’s consulted with House Minority Leader Kevin McCarthy about. (read more)

(1) Stop the populist movement and (2) get the republican party back in alignment with the multinational “corporate world.”

Pretty blunt, but hey, he’s rich enough to be honest.  So, there you have it…. This is what Griffin expects Ron DeSantis to do for him.  Any questions?

(Source)

President Trump MAGA Election Rally, Miami Florida – 5:00 pm ET Livestream


Posted originally on the conservative tree house onNovember 6, 2022 | Sundance 

Today President Trump is heading to the formerly deep blue region of Miami-Dade to drive a stake into the heart of the Florida communist apparatus and expel the leftist demons from the sunshine state. This is the MAGA election rally that should trigger the Tsunami on Tuesday.

A slate of MAGA republican candidates will be joining President Donald J. Trump, the 45th President of the United States of America, at the Miami-Dade County Fair and Exposition Center, including Senator Marco Rubio in Florida. President Trump’s endorsement record in Florida is undefeated, a perfect 19-0. It was the MAGA movement that created a historic red wave up and down the ballot and molded the Sunshine State into the MAGA stronghold it is today.

Thanks to President Trump, Florida is no longer a purple state; it’s an America First Red State and the demons are in retreat. President Trump is expected to take the podium at 5:00pm ET with event speakers throughout the day. ‘Let’s Get Ready to Rumble’ livestream links below:

Trump Campaign Livestream Link – RSBN Livestream Link – Alternate Livestream Link

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“DeSanctimonious” is Not About the Florida Governor


Posted originally on the conservative tree house on November 6, 2022 | Sundance 

In December of 2009 the results of the most consequential special election of the decade were transmitted from a rebellious bunch of misfits who shook the political elite to Washington DC.  Republican Scott Brown was elected to take the “Kennedy Seat” in Massachusetts in an epic battle that surprised both the Democrat and Republican establishment.

The DC political class (both parties) were shook, triggered, jaw-dropped & aghast…  A revolt was visible.

It wasn’t just the Democrats who reacted, organized and responded with the urgency of a 2012 counter-offensive.  The rebellious threat from the working class was as much abhorred by the Republican political class, the Bushes, McCains and McConnells who saw the Tea Party uprising as toxic to their control.

The working-class uprising, the originating assembly of what is now the MAGA movement represented in that Massachusetts winter special election had to be destroyed, and that was why the Tea Party movement had to be co-opted and destroyed by the Republican party.  From their professionally Republican perspective, including the billionaire and Wall Street donors who try to influence the club platform, there are no limits to what they will do to retain control, nothing is out-of-bounds.

That’s why we saw the GOPe primary ‘splitter strategy‘ first deployed to scale in 2012.  Romney was installed as the nominee, and gleefully the GOPe watched as he was defeated by Obama’s reelection bid in November.  The status-quo was achieved.  The DC UniParty was repaired, and all things were back under club control.  Two wings of the same UniParty once again giving the illusion of choice.

For those of us who fully understood what was done, and by that time our 2013 ranks were more significant, it became crystal clear the ‘first-things-first’ approach would require the Republican political elite to be removed and confronted first – before the communists in the left wing of the UniParty could be attacked.  We needed a weapon against them….

…..ENTER Donald John Trump.

Donald John Trump wasn’t just our MAGA candidate in 2015, he was our murder weapon and the professional GOPe elite, the party system within the Republican club, was our intended victim.

The 2016 Republican club counter-offensive to a reenergized movement now carrying the MAGA banner, was led by the ‘Never Trumpers’.   Most of you will easily remember how the professional political class, the Jeb Bush wing within the Republican club, responded.  However, this time in 2016 we had the previous experience, the lessons and a map of their playbook in hand.

The MAGA movement knew what the GOPe club were trying to do, and we defeated them because our candidate was big, snarky, strong and impervious to the professional Republican club throwing everything including the kitchen sink at him.  We The People were not going to retreat.  We held the line, moved forward and won. However, our 2016 victory made the Republican inside club even more furious.

The Bushes, McConnells et al were unwilling to relinquish control of the club and would do anything, say anything and use every institutional lever within their control to remain in power.  The inside DC Republican club used every deceptive resource available to undermine our President and kneecap him from disrupting the system.

It wasn’t just the Democrats trying to impeach President Trump, the Republican wing of the UniParty was more than willing to provide background support, they just couldn’t be visible when doing it.

This is the battle for control of the Republican Party.  It’s not about voters or candidates per se’, the battle is for the control of a private club – the RNC.  President Trump has loosened the grip, but it is up to We The People of the MAGA movement to pry their fingers from the mechanisms of control.

What I am describing above is what the background battle, within the state of Florida, around Ron DeSantis, is all about.

The Bush clan have wrapped their arms around Governor Ron DeSantis as a 2024 weapon to counteract the MAGA movement. They have poured hundreds of millions into the “acceptable Republican” effort and are in full control of the DeSantis campaign management.

The Mitt Romney’s, Mitch McConnell’s, Paul Ryan’s, Kevin McCarthy’s etc are trying to leverage the club dynamic over Ron DeSantis and provide enticements to maintain the alliance with their internal battle plan to retain full control over the Republican Party.

The Never Trumpers, financed by donors, the professional party system and club officials, are all part of the internecine battle.

When President Trump labels the former congressman, now Florida Governor as “Ron DeSanctimonious,” that background reality is the who, what, when and why.

This battle is about Republican Party control and the use of Ron DeSantis by the club members who refuse to let go of power.

As noted by a comment from Rick Stans:

Watching heads explode over Trump’s “DeSantimonious” comment is exactly what the RINO elite relishes! Sundance has spelled out Ron’s position very clearly over the past weeks and anyone with half a brain could see it! Ron is a tool being forged as the splitter to weaken Trump in his bid to win in ‘24.

Moreso, the “god” man is what the RINO elite like Ryan and McCarthy hope will destroy the MAGA movement and restore the order of Kings & Queens in D.C. verses the serfs in fly-over country! The Coastals are becoming a bit uneasy hearing about Red Waves and MAGA movements! Time to crush these peasants once and for all!

Enter “god” man! Smiling, snarky Ron the Trump slayer! The Rip Van Winkle of Mar-a-Lago post raid! Trump’s friendly shot across the bow is a wake-up call!

No Ron, we won’t sit back and let you be another fraud, a fallen acorn from the dead Bush Oak that was fertilized with our hard-earned tax dollars for decades!

Either we’re all in for MAGA (despite what Trump does) or we’ll all be learning how to say “can I trade my dollars for yuan” in Mandarin one day! Wake up foolish Ron supporters who have become offended by Trump! Haven’t you learned from your parents that “sticks and stones may break my bones…..”

Trump is a gamer and his words were just a precursor to let Ron know that all the money and notoriety he will be promised for distancing himself from MAGA to “Save” America, is really nothing but fools gold in the end if MAGA goes the way of the Tea Party!

The Republican Club would rather lose elections and retain power than win and be held accountable to deliver on their false promises.

Justice Roberts Puts Temporary Stay on House Effort to Obtain Trump Tax Returns


Posted originally on the conservative tree house on November 1, 2022 | Sundance

The Democrat effort to obtain President Trump’s tax records has been an ongoing battle for several years [background here].  The democrats on the House Ways and Means Committee have been using Lawfare in order to present a false legislative justification for them, in an ongoing effort to find something -anything- to use against President Trump.

The Supreme Court already decided on case in President Trump’s favor [Trump v Mazars] in a separation of powers issue; however, the witch hunt continued.  In a separate case today, and with Chief Judge Roberts trying to extricate the judicial branch from the ongoing battle, Judge Roberts granted a stay until after the 2022 election.

Essentially, the Chief Judge appears to see the partisan nature of the demand, and in an effort to keep the Supreme Court out of the battle, he has put the outcome of the 2022 midterm election as the fulcrum for this next round of battle between President Trump and the Democrats in the House.  If the Republicans win the majority, the issue should seemingly disappear.

The motive behind the decision seems clear. From the position of Roberts, it would appear this approach is the better distancing procedure.

WASHINGTON DC – Chief Justice John Roberts on Tuesday temporarily blocked a House committee from obtaining several years of former President Donald Trump’s tax returns.

The chief justice ordered the stay to freeze the House Ways and Means Committee’s request for the documents, which Trump has fought for years. The former president on Monday filed an emergency application asking the Supreme Court to intervene in the case after a federal appeals court last week denied Trump’s request to block the release of his tax returns.

Roberts granted Trump’s request by placing an administrative stay on the tax returns, which is temporary and “pending further order of the undersigned or of the Court.” The chief justice gave the House panel until Nov. 10 to respond to Trump’s application to delay the committee from obtaining years of his tax records from the Treasury Department. (more)

If Democrats lose the House Speaker Nancy Pelosi will almost certainly retire, and the Committee chair assignments will flip to Republican control.  It’s all about the politics of positioning… Judge Roberts is trying to find an exit for SCOTUS.

Thoughtful Monologue, Tucker Carlson Discusses the Potential Impact of a Free Speech Twitter


Posted originally on the conservative tree house on October 29, 2022 | Sundance 

Tucker Carlson used his opening monologue Friday evening to outline his perspective on the Elon Musk takeover of the social media platform Twitter.   Generally, Carlson does a good job framing the big picture of national events; however, Carlson outdid himself on this contextualized delivery.

While the underlying premise of Carlson’s position is structured on a yet-to-be-seen possibility of free speech, the context for the importance of the moment is very well presented.  I hope that Tucker Carlson is correct in regard to the altruistic intent of Mr. Musk.  Well worth watching:

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Carlson’s monologue reminded me of Oleg’s brilliant take on this moment in history (picture below):

President Trump Will Not Return to Twitter, While Elon Musk Says Content Decisions Will Be Made By “Moderation Council”


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

Earlier today President Trump noted he would not be returning to the Twitter social media platform; he likes Truth Social better:

(Source)

Additionally, with a great deal of interest in what will happen to the Twitter platform, Mr. Elon Musk has announced a diverse moderation council will be created to make content rules and guidelines.  Following up with a reply, “we have not yet made any changes to Twitter’s content moderation policies.”

(Source)

There is a great deal of interest in the outcome of the purchase of Twitter.  However, it is worth tempering any expectations and taking a wait and see approach.

Is Musk independent?  Does anyone really know?

From what my own research indicates, and assuming Mr Musk is entirely independent minded, I think it may take any “independent” Musk team quite a while to find out exactly what the internal networks of Twitter are all about.

My guess is, there are background connections in the Twitter code [compatibility datasets to align with other (shadow?) networks] that will take a long time to unravel.

I stand by my original inclination:  Twitter is to the U.S. Govt, what TikTok is to China.