Category Marxism

Feb 1 2022

Sketchy Economic Data About to Surface, White House Proactively Seeds MSM Narrative


Posted originally on the conservative tree house on January 31, 2022 | Sundance | 198 Comments

For those who have been following closely, the economic data releases over the past several months have been almost impossible to reconcile from a Main Street perspective.  Additionally, the scale of inflation is skewing everything that stems from dollar valuation.

CTH is certain the fourth quarter GDP statistic (+6.9%) is useless and was an outcome of several flawed metrics: (1) the import data was misrepresented and not accurately deducted (supply chain issue); (2) the value of building inventories was over calculated as an outcome of inflation; and (3) the value of all economic activity was subsequently skewed because the economic outputs (goods and services) were recorded at higher prices.

It has been our estimation that Main Street economic activity was substantially less than the data discussed by financial pundits.

Our review also sees the employment situation on Main Street as considerably less optimistic than claimed.  Bolstering that point, in a very weird and structured preview from the White House, spokesperson Jen Psaki made an odd statement today.  WATCH (14:35 prompted):

Psaki is prepositioning a narrative that employment data in January will be lower than expectations, perhaps considerably lower, as a result of “workers calling out sick” from COVID, ie. the omicron variant, during the time when employment polling was conducted.  That is a very unusual proactive narrative.

Those talking points would not get into the briefing material if there wasn’t a person highly concerned in the economic circle to put them there.  Quite frankly, this is a talking point the White House spokesperson would never have in their briefing book if there wasn’t an advanced notification of their need for it.

Someone knows something.

Given the nature of how heavily manipulated the government institutions are, there’s a strong likelihood the Bureau of Labor and Statistics have been surprised by their employment polling results.  That internal tremor, a concern amid the political tribe, is then conveyed to someone, who then relays the warning to the White House economic team…. and that’s how Psaki gets the briefing material.

In the background of this unusually proactive economic and employment notation, the Atlanta FED recently released their forward-looking estimation [DATA HERE] of the first quarter GDP.  Keeping in mind the official 4th quarter result was +6.9%, the Atlanta Fed is saying the first quarter of 2022 looks like 0.1%.

[DATA SOURCE – Graphic Source]

The economy of the United States doesn’t go, heck, cannot go, from 7% to ZERO in one quarter without some massive dynamic, like closing down the economy…..

Unless….

Unless, the 6.9% was manufactured horsepucky from the outset.

The economy doesn’t go from 6.9% growth in December to ZERO growth a few days later without something substantive happening in the background.  My guess is the inventory buildup, cited by the Bureau of Economic Analysis in December, was the result of a massive drop in demand that took place in the three previous months.

The inventory and inflation driven inventory evaluation that helped inflate the metric of the Gross Domestic Product, was not the result of the supply chain coming back to normal.  I will bet a donut the inventory buildup was specifically because demand collapsed.

My view of that situation is supported by the historic drop in productivity that was noted in the last half of 2021.  The federal spending, and the federal subsidies for businesses and corporations to retain employees, ran past the period where payrolls would have naturally contracted due to the drop in demand.

If I am correct, the employment situation was artificially influenced, because interventionist COVID spending/bailouts allowed payrolls to be covered, and employees to remain on the payroll register, during a time when they should have been dropped if natural sales/profits were responsible for filling the payroll accounts of companies.  This would explain the macro drop in productivity while macro employment was retained.

The natural outcome of that viewpoint is….  When the federal deposits into the private sector payroll accounts dry up, employers eventually drop employees.

That rather dramatic scenario is enough to trigger the BLS to freak out when they did the payroll polling.

Just a hunch…  We’ll find out on Friday.

Feb 1 2022

Canadian Prime Minister Accuses Protesting Truck Drivers of Stealing Food from Homeless People While Flying Racist Flags


Posted originally on the conservative tree house on January 31, 2022 | Sundance | 699 Comments

In a remarkable effort to Alinksy the voices of those who oppose the Canadian government COVID restrictions and mandates, Canadian Prime Minister Justin Trudeau claims the truck drivers in Ottawa are stealing food from the homeless while flying racist flags.

This entire tweet thread statement by the Canadian Prime Minister is just bizarre in the extreme.

(LINK SOURCE)

The need for control is a reaction to fear.  However, this type of lashing out, an effort to create a completely alternate reality of actual conditions on the ground in Ottawa, is indicative of a profoundly unstable person.  These are the extreme messages one would see from a person carrying pathological traits of borderline personality disorder.

Perhaps, due to the ideological nature of the echo chamber around him, this may be the first time Trudeau has witnessed a gathering of people who do not agree with his worldview.  Obviously, he doesn’t know how to handle what is in front of him.

Something is very unstable, creepy to a level of visible discomfort, in the way Prime Minister Trudeau is attempting to message to his national audience.   Put another way, this guy is losing his s**t, in public.  This level of public breakdown should be the number one story on the world stage.

Feb 1 2022

Canadian Prime Minister Justin Trudeau Refuses to Meet with Protesting Truckers in Ottawa, Denounces Protest Group as Abusive, Angry and Irresponsible Mob Harassing Canadians


Posted originally on the conservative tree house on January 31, 2022 | Sundance | 575 Comments

In a rather remarkable doubling-down against his own people, Prime Minister Justin Trudeau took to the microphones today to denounce the protest group that threatens the institutions of his government. [Video Below] Trudeau said the group does not represent truckers or responsible Canadians.

Introducing his position against the truckers and the Convoy for Freedom, who have demanded the government remove COVID-19 mandates and forced vaccinations, the Canadian prime minister portrayed the movement as an irresponsible minority of angry protestors who have defiled monuments in the capital.

Trudeau said he would not meet with the group, because they do not represent “true Canadians,” and are not worthy of recognition.  Trudeau contrasted his prior support for the Black Lives Matter protestors and cast the Freedom Convoy as filled with “hateful rhetoric.”  He further stated they were attempting to “incite violence” and said the movement did not deserve support.  WATCH:

The smug and condescending tone in the delivery of his official position toward the protest was quite remarkable. The prime minister also warned politicians not to support this group and demanded that all supporters of the convoy reflect on their association, as the protest group is viewed by the government as hateful and without concern for the greater good of Canadian society.

Trudeau said he had no interest in going “anywhere near protests that have expressed hateful rhetoric and violence towards their fellow citizens.”

“So to those responsible for this behavior — it needs to stop,” Trudeau said. “Canadians at home are watching in disgust and disbelief at this behavior, wondering how this could have happened in our nation’s capital.”

Trudeau said that while Canadians have the right to protest, no one has a right “to abuse, intimidate and harass … fellow citizens.” He promised to press ahead with pandemic measures despite “intimidation” from some members of the convoy.

Jan 31 2022

Biden Violates His Own Agenda & the Constitution


Armstrong Economics Blog/Politics Re-Posted Jan 31, 2022 by Martin Armstrong

Biden is saying he will only appoint a Black Woman to the Supreme Court if actually violating the law and all judges could file a class-action lawsuit for violating their Civil Rights. Congress has enacted a variety of laws prohibiting employment discrimination on the basis of race, color, religion, sex (including pregnancy), national origin, age (40 or older), disability, or genetic information in the federal sector. The definition will be found in 42 U.S. Code § 2000e. In fact, since Biden is openly discriminating against everyone else other than a black woman, he could be criminally charged under Title 18, U.S.C., §241/242 – Conspiracy Against Rights. This statute makes it unlawful for two or more persons to conspire to injure, oppress, threaten, or intimidate any person of any state, territory, or district in the free exercise or enjoyment of any right or privilege secured to him/her by the Constitution or the laws of the United States, (or because of his/her having exercised the same). Biden legally could face 10 years in prison, but the DOJ would never do such a thing.

Trump nominated Ada E. Brown, a Black Woman, for the Supreme Court and 13 Democrats blocked her nominations. Suddenly, diversity didn’t mean anything. Simply that she was nominated by Trump was all that mattered. Justice Barret, who the Democrats hated, refused to block a plan by Indiana University to require students and employees to get vaccinated against COVID-19. It does NOT matter who appoints justices. They do NOT always vote on party lines as is the case on Capitol Hill.

In this WOKE environment, the question then arises, does that mean that Attorney General Merrick B. Garland can declare that he identifies as a Black Woman and that means he should be qualified for the Job?

Of course, there are rumors that Biden can nominate Harris and get her off the disastrous ticket that he thinks he will round in 2024. According to the 25th Amendment of the Constitution, if the vice president for whatever reason vacates the office, the president has the power to appoint a new vice president subject to the approval of both houses of Congress. If both the president and the vice president die, the speaker of the house becomes president, according to the Presidential Succession Act of 1947. He could appoint Willard Mitt Romney as Vice President who is Republican who votes Democrat and hated Trump. Romey would jump at the chance since he failed in his bid against Obama. Then Biden can pretend he has a balanced ticket and Romey can accelerate the downfall of the United States alongside Kerry since he also thinks humans are causing all the climate issues.

Let me make one thing very clear. Biden is engaging in racial profiling. I have pointed out that this is all nonsense. Chief Justice Roberts was appointed by Republicans but he is the one that upheld Obamacare. Black judges are most likely to be harder on blacks than white judges. The reason, is they know they cannot be accused of being racist and they will more often look upon such black defendants as giving all blacks a bad image. The white judge will keep in mind the race card and will fear being called racist. This is standard in New York City federal court.

Jan 31 2022

The Interview That Killed the Anti-Work Movement


Armstrong Economics Blog/Basic Concepts Re-Posted Jan 31, 2022 by Martin Armstrong

The massive anti-work movement sparked by the popular subreddit imploded after Jesse Watters from Fox News interviewed a moderator named Doreen. Doreen destroyed the movement without any interrogation from Watters, as they simply did not prepare for the interview. Recorded from a stereotypical basement, Doreen stated during the interview that “laziness is a virtue.” The 30-year-old dog walker spends around 20-25 hours a week working, but would like fewer work hours.

The subreddit is in a panic. People are unsubscribing, moderators are leaving, and Doreen’s dark past of sexual assault has surfaced. One user posted a guide to understanding basic public relations and how to talk during an interview. Worker’s reform is one topic. For example, Amazon employees should not be forced to use water bottles for bathroom breaks and people should not need three jobs to survive. Everyone deserves to be treated with respect. However, the illusion that society could function if no one worked has been dismantled.

The wealth of a nation is the total productivity of its people. If I have gold and want you to fix my house, I give you the gold for your labor. Thus, your wealth is your labor, and the gold is merely a medium of exchange. So it does not matter whatever the medium of exchange might be. You will give your labor, provided you know someone else will accept the medium of exchange from you in purchasing something else. It is the labor of the people and their productive capacity that creates the wealth of any nation.

Karl Marx viewed labor as exploitive and a constant class struggle that was as black and white as rich v poor. Marx never credited innovators who, in turn, create jobs with their ideas. Adam Smith, on the other hand, saw that eliminating innovation by redistributing confiscated wealth would ruin the economy. Smith’s concept of the invisible hand sees everyone as acting in their own self-interest, which proves beneficial for the free market economy at large.

Jan 31 2022

The GOP May Impeach Biden If They Win Back the House


Armstrong Economics Blog/Politics Re-Posted Jan 31, 2022 by Martin Armstrong

New York Republican lawmakers Nicole Malliotakis and Claudia Tenney are calling for Biden’s impeachment after it was revealed he has been illegally smuggling migrants into the country. Malliotakis noted that aiding and abetting illegal immigration violates the law. “And you have it coming from the president of the United States. It is completely unacceptable. The Supreme Court ruled that he had to reinstate Remain in Mexico and he’s clearly not done that,” Malliotakis said.

“His primary obligation as the commander in chief and the president of the United States is to enforce our laws, live up to his oath, enforce our border security. And also tell the truth to the American people,” Malliotakis stated. Since Biden is likely funneling aliens into our country for political gain, then the charges should be more significant.

Ted Cruz has previously stated that the GOP would push to remove Biden from office if they win back the house during the midterm elections. “Probably the most compelling is the utter lawlessness of President Biden’s refusal to enforce the border. His decision to just defy federal immigration laws and allow 2 million people to come here unimpeded in direct contravention of his obligation under Article 2 of the Constitution to take care that the laws be faithfully executed,” Cruz said. “That is probably the strongest grounds right now for impeachment, but there may be others.”

Everyone involved in this operation should be removed from their office and barred from holding any office in the future. There is no conspiracy. Images and video footage of illegal migrants being flown in under the veil of night are spreading around the internet like wildfire. The Biden Administration has failed to protect our borders and is attempting to rig the next election through their illegal activities.

Jan 31 2022

Schwab – The Madman of Davos Changing the World


Armstrong Economics Blog/Corruption Re-Posted Jan 31, 2022 by Martin Armstrong

There is a very serious problem in the social sciences where some academics think they can control the economy following the path first blazed by Karl Marx. Previously, the accepted normal was Laissez-faire, meaning that the economy was far too complex for governments to interfere. This emerged from Adam Smith and his “Wealth of Nations.”

The academics needed to raise their stature and to present themselves as problem solvers at first in a crisis, but then they crossed the line into believing that they could restructure the world economy. That was set in motion by Karl Marx.

Before Keynes died, he admitted that his theories were wrong. He had spent his life arguing against Smith and that economists could manage the world to bring an end to recession and depressions. This new theory in economics promised that the government could create perpetual prosperity.

Then came the 1974 Crash and the emergence of stagflation, which was supposed to be impossible. Volcker delivered his “Rediscovery of the Business Cycle” and how it had defeated Keynesian Economics – the “New Economics,” and Schwab never listened.

The previous Fed Chairman Arthur Burns, who was there when Bretton Woods collapsed, also noted that the business cycle had always won. Academics were wrong, and they could not create a land of utopia.

Schwab has continued the Marxist belief that academics are capable of redesigning the world economy. Schwab believes, like Marx, that he has the mental capacity to see the world and reshape it. He has convinced world leaders to listen to his nonsense, which has proven wrong every time it has been attempted.

Schwab has convinced world leaders that this time it will work, and they will gain more power. Do any one of these people, incompetent to rule the world, know anything about how the economy works? Communism and socialism have always failed because we are human, and we are not worker bees to be directed from some central hive.

Nixon’s famous 1959 Kitchen debate made it clear that under Marxism, no innovation ever took place that increased the standard of living for the people. All innovation was directed at creating more power for the state and its nuclear weapons. Only when people are free to discover, think and explore does the standard of living ever increase.

Today, Big Tech is aligned with the dark forces out to change the world and eliminate our freedom to everything. They cancel our speech to prevent any narrative that dares to challenge what these people believe because they have been promised to rise to the top of society as long as they help destroy the very country where freedom allowed them to climb the ladder to the top. Has money just corrupted their thinking? Or have they just been lured by Schwab’s dream of being the new elite in the changing new world?

Jan 31 2022

CONFIDENCE v Fiat


Armstrong Economics Blog/America’s Economic History Re-Posted Jan 31, 2022 by Martin Armstrong

COMMENT:  Dear Mr. Armstrong
You have to ask yourself the question..how have most fiat currencies ended?
The answer is simply, how you HAVE to prepare yourself for the endgame, irrelevant of WHEN it may occur, the time to prepare is always yesterday, but if yesterday is too late, today shall be also a good time.
Centre of field preparation for the end of a fiat currency, should be our only aim. The rest is all left of field play.
Playing the Endgame may be the only way to survive what is dead ahead.
Unfortunately, it has to occur, political/ social pressure shall ensure this. The Elite gave been well aware of this endgame since the inception of The Keynesian Model and have been acutely aware for at least a decade.
Kind regards GH

REPLY: I have been in countless meetings
They did not know how this would end. They always assumed they had the power to endure
Only now is the handwriting on the wall
It has nothing to do with fiat currency.
Rome fell as well.
It is fiscal mismanagement regard of what you call money at that time. But the real factor was the collapse in CONFIDENCE after Valerian I was captured by the Persians, turned into a royal slave4, and then stuffed as a trophy when he died. We have Biden and he is no more the leader of the free world, but the laughing stock of world leaders. As the CONFIDENCE in the Biden Administration collapses as he has already surrendered to Ukraine to Putin.

So it has NEVER been what is money. For even when the money is precious metals, the Silver Democrats overvalued silver which led to gold fleeing the country and JP Morgan had to bail out the country in 1896 with a gold loan thanks to the Democrats taking bribes from the silver miners to overvalue silver. The US was drowning in silver.

Remember William Jennings Bryan’s famous speech against the gold standard?

Bryan-CrossOfGold

Of course, it was the silver to the gold ratio that became the presidential election topic in 1896 and virtually bankrupted the country because the government by decree overvalued silver at 16:1 It was the fiscal mismanagement and the currency was precious metals.

Jan 31 2022

Premier Jason Kenney of Alberta Canada Complains Truckers Are Locking Down Government


Posted originally on the conservative tree house on January 30, 2022 | Sundance | 293 Comments

A cross-border trucker unity rally in Alberta Canada, a show of support for their brothers in Ottawa, has triggered the ire of Alberta Premier Jason Kenney.

Apparently, when government officials lock down their citizens, the complaining voices of the people are irrelevant.  However, when the tables are turned and the people lock down the government highway in protest, the state officials don’t like it.  Go figure.

CANADA – […] The protest along Highway 4 south of Lethbridge began Saturday in support of a national anti-mandate convoy that arrived in Ottawa earlier in the day.

The movement was sparked by a federal mandate that came into effect this month requiring unvaccinated Canadian truckers re-entering Canada from the United States to get tested for COVID-19 and to quarantine.

Vehicles remained parked on the important southern Alberta trade route, blocking traffic to and from the border and the Village of Coutts on Sunday. Mounties said they were continuing negotiations with the protesters to re-establish highway access. (read more)

Cry harder !

Jan 31 2022

Military Database Shows Alarming Increase in Adverse Medical Conditions After Forced COVID Vaccination


Posted originally on the conservative tree house on January 30, 2022 | Sundance | 393 Comments

During testimony last week, attorney Thomas Renz gave testimony {Direct Rumble Link} on behalf of whistleblowers inside the military medical system who have access to vaccination data that is withheld from the general public.

The data on adverse medical conditions that surface after vaccination within the military is contained on a system called the Defense Medical Epidemiology Database (DMED).  The documents that were released to Thomas Renz are now being reviewed {Direct Rumble Link}.  The resulting information is very disturbing.  WATCH:

The research took five-year averages of medical conditions and then compared the track record to the results after the mandatory military vaccination program was initiated.  The results are alarming:

Heart Attacks +269%
Pericarditis +175%
Myocarditis +285%
Pulmonary Embolisms +467%
Cerebral Infarction +393%
Bell’s Palsy +319%
Guillain-Barre +250%
Immunodeficiencies +275%
Menstrual Irregularity +476%
Multiple Sclerosis +487%
Miscarriage +306%
HIV +590%
Chest Pain +1,529%
Labored Breathing +905%

[Article on the data Here]

Attorney Thomas Renz also appeared on The War Room with Steve Bannon to discuss the issues.

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