Intel Community Says They Discovered Prior Chinese Spy Balloon Operations, Only After President Trump Left Office


Posted originally on the conservative tree house on February 6, 2023 | Sundance 

This is so stunningly incredulous, and transparently politically orchestrated, it’s laughable.

The U.S. Intelligence Community (IC) defended the actions of the Biden administration last Saturday by saying three Chinese spy balloons had previously been deployed during the Trump administration.  However, President Trump and all national security heads including Mike Pompeo (CIA), Richard Grenell and John Ratcliffe (DNI) denied ever hearing about these balloons.

To reconcile the claim of historic Chinese spy balloon operations, against the denials and absence of briefings for the Trump IC officials, the current Intel Community (and Biden Administration) are now claiming they only discovered the prior balloon flights *AFTER* President Trump left office.

Oh, and due to national security issues, the IC cannot explain how they found out after the fact.

Yes Alice, that’s their story, and they’re sticking to it.

WASHINGTON DC – The Biden administration is willing to brief former Trump officials on newly discovered intelligence that China sent spy balloons into U.S. airspace during their time in charge.

The offer, described by senior Biden administration officials on Sunday night, comes as former President Donald Trump and senior members of his national security team say they were never briefed on such an incursion by a Beijing-sent aircraft.

“This information was discovered after the prior administration left. The intelligence community is prepared to offer key officials from the Trump administration briefings on [China’s] surveillance program,” one of the officials said. The official, along with several others, asked not to be named in order to discuss sensitive information.

Briefers would also be willing to discuss Beijing’s similar operations in East Asia, South Asia and Europe over the last several years, the official said.

The proposal to brief the Trump officials is the latest development following the military’s shootdown of a Chinese spy balloon on Saturday, seven days after it entered U.S. airspace. Republicans and former Trump officials said this week that they would have downed the airship as soon as it appeared, and criticized President Joe Biden for waiting until the balloon was over water before bringing it down.

Yet on Saturday, a senior Defense Department official said that Chinese spy balloons entered American airspace three times during Trump’s tenure and once before during the current administration. The administration officials didn’t detail how they learned of those events long after they happened.

Still, it helps explain why five senior Trump administration officials POLITICO spoke with on Sunday said they were never told of such incidents occurring when they were in office. “This never happened. It would have never happened,” Trump told Fox News on Sunday. (read more)

Only in America


Armstrong Economics Blog/Politics Re-Posted Feb 5, 2023 by Martin Armstrong

Only in America where we have Democratic politicians preaching about the greed of the rich at a $10,000.00 a plate campaign fund-raising event held at John Kerry’s home. Yes it was $10,000 to get in.

Categories: Politics

Angered Neil Oliver – The Governing Class -vs- The Governed


Posted originally on the conservative tree house on February 4, 2023 | Sundance

Perhaps I am wrong, but the tone, disposition and presentation of this monologue by U.K. News pundit Neil Oliver, suggests to me that he is under pressure or threat due to his open commentary supporting a resistance uprising against the ruling class.

Within his weekly outline, there is a notable change in tone from Mr. Oliver as he outlines those voices that have been targeted by censorship, deplatforming and ongoing threats by western aligned media doing the bidding of their government overlords.  Perhaps Mr. Oliver has finally found himself in the crosshairs of the system which will not permit public dissent. WATCH:

.

It was not part of their blood,
It came to them very late,
With long arrears to make good,
When the Saxon began to hate.

They were not easily moved,
They were icy — willing to wait
Till every count should be proved,
Ere the Saxon began to hate.

Their voices were even and low.
Their eyes were level and straight.
There was neither sign nor show
When the Saxon began to hate.

It was not preached to the crowd.
It was not taught by the state.
No man spoke it aloud
When the Saxon began to hate.

It was not suddently bred.
It will not swiftly abate.
Through the chilled years ahead,
When Time shall count from the date
That the Saxon began to hate.

Rudyard Kipling

Interest Rates & the Fed


Armstrong Economics Blog/Interest Rates Re-Posted Feb 2, 2023 by Martin Armstrong

The Federal Reserve raised the benchmark by 25 bps, as expected. The Fed fully understands that the manipulation of the CPI is a necessary aspect both for containing government benefits and understating inflation also results in high tax revenues. The market loves hope, and as a result, they focused on the warning that we’ll be in restrictive territory for just a bit longer. Most still believe that there will be a slowdown in inflation just ahead.

The Fed’s cautionary commentary saying that the “disinflation process” has started triggered shares to jump ending up 1%. This shows how insane the analysis had become that they cheer a recession and think that lower interest rates are bullish for the stock market. Obviously, they just listen to the talking heads on TV and have never bothered to look at reality. When interest rates decline, so has the stock market. Interest rates rose for the entire Trump Rally, and they crashed during the Great Recession of 2007-2009. For the life of me, I just shake my head when the talking heads cheer lower rates and spread doom and gloom with higher rates.

Russiagate: A New Deep Dive into the Media’s Stunning Lies, Corruption, & Complicity | SYSTEM UPDATE #32


Posted originally on Rumble by Genn Greenwald Streamed on: Jan 31, 7:00 pm EST

Glenn Greenwald always has good stuff to read

Gallup Poll – Gov’t is Our Greatest Problem


Armstrong Economics Blog/Uncategorized Re-Posted Feb 1, 2023 by Martin Armstrong

Gallup has just confirmed what our computer has been forecasting especially since 2011. The majority of Americans now say that a lack of leadership from President Biden and Congress is the country’s biggest problem and that means the entire world. Perhaps aliens should have a right to vote for the decisions of the Biden Administration are destroying lives around the world.

The Gallup Poll shows that it is the collapse of confidence in a government that is now viewed as the greatest threat even more so than inflation, ​the immigration crisis, and the state of the economy. Despite Americans suffering economically with higher taxes and inflation reducing the standard of living, they have cited that “the government/poor leadership” is now in the No. 1 spot taking that place from inflation over the past year. Gallup has reported that 21% of Americans name our incompetent government as the “most important problem facing this country today​” compared to the 15% who said so last year, a Gallup Poll found.

​Inflation and the economy ​came in last year as the top two issues — tied at 16% each — followed by the government (15%), immigration (8%), and unifying the country (6%). ​However, over the past year, Americans’ concerns with the economy fell 6% to 10%, with ​inflation falling one point to 15%, and immigration rose 3 points to 11%.

Just wait until they realize that the Biden Administration is so incompetent, it has allowed the Neocons to wage World War III on two fronts – China and Russia. These people will destroy Western Civilization and that is what 2032 is all about.

Fox News – “ominous Great Depression warning”


Armstrong Economics Blog/Economics Re-Posted Feb 1, 2023 by Martin Armstrong

Fox Business is reporting that economic conditions are much worse than you are being told.  Unfortunately, this is the conclusion when you have ZERO understanding of the historical trends and economic conditions. It is true that the shortages of COVID have caused prices to rise faster than economic growth and most incomes.  Therefore, they conclude that our standard of living has been rapidly declining.  The number reveals that more than one-third of all U.S. young adults are being supported in part by their parents. Thanks to COVID, this disrupted society far greater than anyone is reporting. In addition to the shortages because of the lockdowns, by the end of 2020, more than half of young adults in America were living with one or both parents. That statistic actually exceeded the record high of the Great Depression.

Here is the worst part of this analysis. Many are jumping on the bandwagon claiming that the decline in real disposable income has been the largest since 1932 and therefore, this is a warning sign of a Great Depression is coming. They seem to be focused on the fact that the GDP report showed a significant decline in real disposable income, which fell over $1 trillion in 2022. Now let’s look closer!

First of all, the entire reason why unemployment rise to 25% during the latter part of the Great Depression was the Dust Bowl. Why? At that time, about 40% of the civil workforce was still agrarian. The Dust Bowl meant job loss. If you could not even plant crops, there was no need for people to pick crops.

Service during the Great Depression accounted for 17% of the workforce compared to 44%+ today. Government, federal, state, and local, was 22% of the civil workforce during the Great Depression compared to 33% by 1980. Things have continued to evolve and by 2019, services represent 79.41%. Agriculture is now a tiny fraction of what it once was – 1.41%.

In the USA, at the state level, their share of the civil workforce varies greatly. Florida is at about 11.3% compared to New Mexico which is 22.5% – a government employee’s paradise. The lowest is Michigan at 10.1%.

During the Great Depression, the entire reason for the collapse in disposable income was the collapse in agriculture which created a collapse in income due to massive unemployment. That is totally different from the crisis we have today.

Here we have rising prices due to shortages and then central banks raising interest rates in a fool’s quest to stop inflation when it is not based on speculation. Moreover, the biggest borrower is the government, and rising interest rates will only increase their exposure to keep rolling over the debt. Therefore, governments have been borrowing year after year. What happens when the public no longer buys their debt? Real disposable income has been collapsing for completely different reasons since 1932. Here we have the costs of everything rising and then these people want war with Russia and China. Every war since the start of recorded history has resulted in inflation. Add to this, the total insanity of trying to end climate change by outlawing fossil fuels at a time when the climate is prone to getting colder.

We are already witnessing riots around the world BECAUSE of inflation. During the Great Depression, people were suffering from DEFLATION. So comparing just that statistic of a decline in personal income and projecting we now face a Great Depression, does not even qualify to be classified as analysis. That is no different from someone warning that carrots must be lethal because everyone who has ever eaten a carrot has obviously died.