The truckers are still going strong in Canada and fighting for ALL of us. Trudeau’s Administration has no empathy and does not understand why anyone would want to interfere with the tyrannical plans of Schwab’s groomed young leader.
Ottawa police are now saying that it would take 1,800 police officers to end the protest. Chief Peter Sloly stated “there are no days off” for officers as the government continues to employ them around the clock. The protests have been peaceful and met with support from the local community.
Justin Trudeau is still in the fetal position somewhere, unwilling to meet with the protestors. A few days ago, the missing prime minister said that he would need to be “very, very cautious before deploying the military in situations against Canadians.” Deploying the military is not on the agenda right now, as it would elevate the situation to disastrous proportions and many military members likely support their fellow citizens.
They cannot simply tow thousands of trucks from Ottawa. The trucks are equipped with air brakes that will lock all 18 wheels once implemented, and at that point very little could move the truck. CBC interviewed numerous trucking companies for their perspective but was told that most towing companies refuse to remove trucks and risk damaging their relationship with trucking companies. The tow companies could technically “cage” the breaks by manually removing the break from each individual wheel, but that is still difficult to do without the consent of the driver. It is also a timely endeavor. In one example, it took 18 hours to remove 30 trucks and 28 cars.
In the end, even if they spend countless tax dollars to remove the trucks, the trucks can simply return. And they will return. People are passionate about this movement and it is not likely to quell until Justin Trudeau addresses the people and their pleas to remove mandates.
QUESTION: Mr. Armstrong, Out of my utmost respect, you do stand-alone where all these analysts are calling for the collapse of debt and equity because of fiat currency. They may claim to have been there for the dot.com and 2008 bubbles, but you have been there for all of them. The blame they lay on the federal reserve and the creation of money and without that the stock market would not have risen. My question is that since you have the longest track record of anyone and you have forecasted every boom and bust, I would just like to hear the full explanation that sets you apart from all of these analysts.
With my deepest respect
PZ
ANSWER: First of all, the world economy has changed. It evolves like a child and it is nothing like it was when Gresham made his observations of the value of money as representing England in the Amsterdam market during the reign of Henry VIII. Because of this, the entire foundation of Austrian Economics has been rendered irrelevant – a throwback to a monetary system that no longer exists. What you MUST understand is that coming out of the Dark Ages, there really was no currency that represented the reserve currency of the world for there were not even central banks.
The value of a currency was solely the metal content. There was no premium to a currency based upon the economic and military power of one country compared to another. That is what distinguished not just Rome, but the currency of Alexander the Great as well as that of Athens. All of their currencies were imitated by other states BECAUSE they carried a premium over the metal content. This is an example of an Indian Immitation of a Roman aureus of Septimus Severus where it actually contained more gold than the official currency.
Here we have Egypt, which never issued coins until it was conquered by Alexander the Great, issued imitation of Athenian Owls with the same silver content just to be able to deal in international trade. There are plenty of examples where a currency was worth more than its metal content. This clearly establishes an exception to Gresham’s Law and Austrian Economics.
The question which arises from studying ancient coinage, is why was the coinage of Athens imitated but not in places like Aegina, Corinth, or Thebes? The answer lies in the military and economic power of Athens and then later by Macedonia.
Here is an imitation by the Helvetii (Swiss) tribes of Philip II gold stater – the father of Alexander the Great. As Macedonia rose to issue gold coins, which Athens did not issue except during its fall to Sparta, once more we see that there was recognition and value attached to the coins of a central power over and above the metal content.
This disputes the entire theory of any currency being fiat. The value of a currency is NOT any backing by gold, silver, oil, or diamonds no less its land because of agriculture. The true WEALTH OF A NATION is its people!. When Adam Smith wrote his Wealth of Nations, here was arguing against the Physiocrats who claimed that the only wealth was agriculture and this led to the days of empire building. The more land you occupied that was supposed to be the wealth of a nation. Smith argued that a blacksmith making a saddle in England selling it to a Frenchman still returned with gold as would a farmer. Hence, all produce was the wealth of a nation. This still contributed to the idea that money was to be backed by gold or silver.
China, Japan, and Germany all rose from the economic ashes of war to become major economies while they lacked gold reserves. Russia has all the reserves that should have made it the #1 currency in the world – gold, silver, platinum, diamonds, and oil. Nevertheless, Russia could not get off the ground because of its political-economic philosophy. Without freedom, no economy will ever prosper regardless of its landmass or resources without the freedom that allows economic innovation from the private sector – not the government.
That is what the entire 1959 Kitchen Debate was all about. The Soviets lived in squalor. Capitalistic freedom allowed people to dream and innovate. Hence, it was the free society that created all the innovations from a washing machine for clothes and then dishes to refrigerators. The only innovation that ever came from communism was nuclear weapons.
So I look at all of history – not just a narrow patch when there was no currency that ruled for power. They all traded in Amsterdam based solely on their metal content. Those days are long gone. The world moved from there to agriculture was wealth that produced the age of imperialism and empire-building. Today, we have seen the US dollar as the reserve currency. It is hoard overseas where 70% of the paper money circulates.
Yes, we are in a debt crisis. The debt bubble will collapse. But that is NOT because of quantitative easing or central banks. Central banks have NO control over the fiscal side of the creation of money. The QE is even debatable if that creates inflation. They are buying in debt and replacing it with cash – that is true. But that theory is also ancient history when you could not borrow against government debt before 1971. Now you trade futures and you post collateral using T-Bills. Borrowing is no longer less inflation than printing for there is no distinction between the two other than the bonds are cash that pays interest.
The wheel of history has returned full circle. When paper money was introduced during the Civil War, it paid interest according to how long it remained in circulation. Hence, it truth, money was effectively circulated bearer bonds.
The abandonment of currency that paid interest is what led to the term “greenback” meaning that there was no interest table on the back – only green ink.
Thus, once more debt is acceptable as collateral and is used by the banks as their reserve at the central bank. Thus, the theory of fiat and assuming money must be back by some commodity are long gone. The value of a currency is the total productivity of its people. Hence, China will become the new financial capital of the world based upon productivity as the climate change agenda seeks to crush our Western Economics and the value of the productivity of our people exactly as was the case in the Soviet Union.
Joel Lightbound, a member of Trudeau’s Liberty Party, has come out and rebuked Justin Trudeau and has actually shown himself as a far better leader than Trudeau who was groomed by Klaus Schwab in his Young Global Leaders indoctrination program.
Meanwhile, Both Alberta and Saskatchewan are breaking with Trudeau and ending mandates in their provinces. But Alberta many see is playing lip service and not being honest. Schwab is probably having a very bad day. His dream of ending democracy and creating an authoritarian world is starting to crumble.
COMMENT: I have three friends, that had a heart attack after the second shot and were in hospital…but recovered.
I have two colleagues from my old company (Pharma) that died of a heart attack. Docs said it had nothing to do with the vaccine they had taken weeks before. They were 42 and 56…. My boyfriend was too afraid telling me about his heart pains after the second shot….as he knew I was against taking the shot…he only told me months after.
REPLY: Our greatest problem has been that the vaccines were used for control by the government. Indeed, they may not have realized that there were risks. Now the crisis is that politicians cannot ever bring themselves to admit they made a mistake. I have friends who got the vaccine so they could travel developed the blood clots and now they are afraid to fly.
Of course, when we have the leader of the ONCE free world making a comment that reveals they knew there was a problem involving heart attacks, people just ignore it. The real question becomes as this continues to unfold, the government will be blamed and if politicians never keep their promises, why do people ever trust anything they say with regard to vaccines?
Little by little the truth is beginning to surface. I had previously written how Moderna bragged that they created the vaccine in two days. YouTube has been doing everything possible to remove any content that offers any opposition to vaccines whatsoever. I posted a video of Dr. Peter McCullough, a top cardiologist in his field, who has warned that myocarditis due to the vaccine is “way more serious”than myocarditis contracted from the virus itself. Myocarditis, or heart muscle inflammation, is a side effect of both COVID and the mRNA vaccine. YouTube removed it and has been part of this conspiracy against the people to further BigPharma profits and our politicians. Honestly, I believe YouTube can be sued over this issue for removing videos that warned people which has now proved to be fact. They do not have the immunity of BigPharm.
Worse still. the UK government has now actually admitted that these vaccines have damaged the natural immune system of those who have been double-vaccinated. Page 23 of their report states that “recent observations from UK Health Security Agency (UKHSA) surveillance data that N antibody levels appear to be lower in individuals who acquire infection following 2 doses of vaccination. “
originally,thestudy of the in vitroreactions of immunesera,e.g.,precipitin,agglutination,andcomplementfixationreactions.Currently,theterm is used to refer to theuse of suchreactions to measureserumantibodytiters in infectiousdisease (serologictests), to theclinicalcorrelations of theantibodytiter(theserology of a disease),
and to theuse of serologicreactions to detectantigens(such as hlaantigens).
Most people in the hospital with COVID were in fact overwhelmingly vaccinated. Out of 162 patients, only 12 were not vaccinated. The vaccines have NOT prevented even serious hospitalizations. It has simply been a giant lie.
There have been no specific guidelines for even how to use messenger RNA (mRNA) vaccines or contraindications to mRNA vaccines. There have also been NO large trials of any mRNA vaccine completed yet. Why would government subject its entire population to a vaccine for a virus that has less than a 1% death rate? This makes no sense. Some claim those vaccinated will be dead within two years and they will then be able to indoctrinate the children to be green economic slaves who have no memory of freedom. Interesting theory, but that is something more in line with the character of Bill Gates or Schwab. It is hard to believe politicians would knowingly sign up for that agenda.
My fear is that the politicians were bought and paid for with an endless supply of money, and we can assume who has been funding things behind the curtain. Slowly as we turn, little by little emerges. It turns out Google was funding the very research on viruses in Wuhan through its charity. I don’t know that they even knew what they were funding. There are even motions flying around in Washington to fire Fauci. Others have been calling for his resignation, and the fact that he does not shows he is connected. Of course, the Democrats will refuse because they would have to admit they trusted the wrong guy. Even in Germany, the former health minister was calling for an investigation of Merkel. Meanwhile, there are rumors that Merkel is seriously sick after taking a vaccine herself.
Posted originally on the conservative Tree house on February 9, 2022 | sundance | 45 Comments
Former House Intelligence Committee lead staff, and former Trump administration official in the DoD, Kash Patel sits down for an extensive interview with President Donald Trump. {Direct Rumble Link}
Posted originally on the conservative tree house on February 8, 2022 | sundance | 169 Comments
Alberta provincial head Jason Kenney held a press briefing today attempting to give the impression that state vaccine mandates would be lifted. However, the truckers were smartly not hoodwinked by the highly political move and instead moved back into a hardened position to blockade the Coutts border crossing.
Holding a press conference to make his announcement [Full Video Here], premier Kenney said, “We cannot remain at a heightened state of emergency forever. We have to begin to heal, and so Alberta will move on. But we’ll do so carefully, we’ll do so prudently, we will do so only if it does not threaten the capacity of our healthcare system.” Kenney then outlined some softening to the covid restrictions.
Provincial rules that require students to wear masks in Alberta schools will end on Monday, and children under 12 won’t have to wear masks anywhere starting then.
Kenney stated a provincial work-from-home order will expire on March 1, along with the provincial mask mandate. At the same time, the limits on social gatherings and students being permitted to be in non-socially distanced proximity with other students in schools will be removed.
However, while Premier Kenny said the vaccine passports called ‘Restriction Exemption Program’ (REP) would be eliminated at midnight tonight, the QR codes check-in gates would continue; vaccine requirements will remain; vaccine discrimination can continue by private businesses with government support; govt healthcare workers must still be vaccinated or get fired; entertainment venues would be allowed to sell food & drinks again (but customers must be seated); and rules on closing times, alcohol service times, table capacity in restaurants, and social distancing would remain in place.
Most importantly, the trucker vaccine mandate is a federal mandate, and that will still apply to cross-border truckers. Put simply, a majority of the mandates would still continue through to March 1st, then even after March 1st, a lot of the mandates will remain.
After quietly and patiently listening to the entire statement from Jason Kenney until he was finished, the Alberta truck drivers responded immediately:
Brilliant!
The Alberta farmers moved their tractors back into front line status to position against any effort by RCMP to engage. The truckers moved the convoy back into full blockade position, and the Coutts border crossing was completely shut down.
The blockade will continue until the mandates are removed. To quote a famous saying:
Posted originally on the Conservative tree house on February 8, 2022 | sundance | 230 Comments
It’s not the apex of institutional hypocrisy, rather it’s the unmasking of political ideology. The ACLU is filing a lawsuit today in Virginia demanding that mask mandates against parents and student civil liberties be reinstated.
The ACLU wants the Virginia mask mandate reinstituted. The ACLU does not want parents and students to have a choice on whether to wear a mask.
The Washington Post headline is akin to folding the universe upon itself and looking back through the mirror: “ACLU challenges Youngkin order mandating choice on school masks.”
The civil liberties organization is arguing against allowing civil liberties.
(Washington Post) – […] The lawsuit was filed in federal court in Charlottesville on Tuesday by the American Civil Liberties Union of Virginia; the ACLU is involved in similar cases in Iowa and South Carolina. The plaintiffs represent 11 students with conditions that include cancer, cystic fibrosis, asthma, Down syndrome and diabetes that make covid-19 more dangerous.
“Universal mask use may be necessary to protect some children,” the plaintiffs write. “For many of these children, Governor Youngkin has effectively barred the schoolhouse door.”
Eden Heilman, legal director for the ACLU of Virginia, said parents from across the state reached out to the group. “Some are keeping their kids out of school if they are able to,” she said. “Some work and there is no virtual option, and they simply have no choice but send the kid with a mask and hope that their kid doesn’t contract it and suffer really dire health consequences.” (read more)
No one is stopping the plaintiffs from wearing a mask. The plaintiffs are demanding that everyone else must wear them.
This lawsuit is akin to the FAA dropping their mask mandate for air travel, and yet the ACLU suing the airlines to keep every airline traveler in masks because immunocompromised people need to fly.
If it seems bizarro world the American Civil Liberties Union would be suing to keep civil liberties and choice away from people, it would be; except that the ACLU does not exist to promote civil liberties, the ACLU exists to advance political ideology under the guise of civil liberties.
The mask dropping from institutions continues (no pun intended).
Meanwhile, teacher union boss Randi Weingarten argues the way people “feel,” not science, should drive mask mandates on kids in school. WATCH:
Posted originally on the conservative tree house on February 8, 2022 | sundance | 506 Comments
Mitch McConnell and his team of UniParty leaders made a strong statement today against anyone who would ever have the audacity to stand in opposition to the upper elite within the United States government. The timing of McConnell to align with Joe Biden is not coincidental.
First, to the status of the January 6th protestors, DeceptiCon party leader Mitch McConnel affirms the united DC position that all J6 protestors were violent domestic terrorists, carrying out an insurrection attempt, intent on destroying the carefully constructed democracy the DC elites are providing to the people.
Stunningly, the second point was McConnell admonishing the RNC for rejecting Liz Cheney and Adam Kinzinger as members of the Republican Party platform. McConnell now states the Republican Party should have no input in determining who is supported by the Republican membership. WATCH:
McConnell’s first point about the J6 group only highlights the UniParty alignment with the larger DC interests. The system of government in the United States, as controlled by political leadership, will not permit any challenge.
Whether it be Democrat Joe Biden, using the executive branch DHS to target dissident voices as terrorists, or whether it be Republican Mitch McConnell, labeling J6 attendees as terrorists, the absolute intent is the same. DC are the rulers and everyone else is in a position to be ruled.
On the second point of McConnell calling out the RNC for acting against his interests, perhaps the MAGA movement influence in the RNC is more significant than it appears on the surface.
McConnell’s statement would seemingly infer he feels the RNC is less attached to the power structure in DC than he would like.
Previously, Mitch McConnell used the RNC to do exactly what he is now accusing them of doing – providing authentication for the ‘right kind’ of Republican that would be supported. Now, with the RNC perhaps less aligned with the interests of his totalitarian DC system, McConnell is not pleased to see them involved in candidate authentication and approval.
Last point. For well over a decade, CTH has been pointing out the danger of Mitch McConnell as the traitor inside the gates of the Republic seeking to destroy it for his own personal gain, politics and power. WE on this site have been standing as a flea looking into the furnace of political hatred for sounding the alarms about McConnell for the entire time of our ‘last refuge’ assembly.
Today, February 8, 2022, almost twelve years to the day when we first gathered to discuss this seemingly insurmountable task of taking on the system that Mitch McConnell represents, there are now multi-millions of people awake to what we have discussed for so many years.
For the fellowship of the tens-of-millions newly wide-eyed and awake patriots, I am very thankful.
Today is a good day.
The tide is in our favor.
Let us make haste toward the goal of removing Mitch McConnell, and pledge to one another that not another coat of distracting paint will be applied to this corrupted DC vessel until we have taken it down to bare metal.
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