Category Political Corruption

Jul 15 2022

Two Weeks After Anthony Fauci Finally Agreed No Further Testing on Beagles, Virginia Humane Society Trying to Find Homes for 4,000 Animal Test Beagles


Posted originally on the conservative tree house on July 15, 2022 | sundance 

The Humane Society of Virginia is trying to find homes for 4.000 beagles, exactly two weeks after NIAID Director Anthony Fauci told congress he would no longer use beagles for allergy testing.

These two stories seem connected.

July 5, 2022 – Under fire from foes of federal animal testing, the agency headed by COVID-19 czar Anthony Fauci has canceled a plan to start new tests of allergy medicine on beagles, some as young as 6 months.

In a letter to Sen. Joni Ernst (R-IA) and promoted by the White Coat Waste Project, Fauci said that instead of dogs, the new hay fever drug will be tested on rodents.

“Although the contract to Inimmune Corporation proposed the use of murine and canine preclinical animal models, after consultation with the U.S. Food and Drug Administration, the company elected to proceed using two rodent models only,” wrote Fauci, the director of the National Institute of Allergy and Infectious Diseases. “No experiments utilizing the canine model are being conducted under this contract.”

[…] The letter was a big victory for Ernst and the animal rights group, which had started a popular hashtag campaign against the testing: #BeagleGate. (read more)

Yesterday, this next story surfaced:

July 15, 2022 – CUMBERLAND, Va. — The Humane Society of the United States says it is working fast to transfer thousands of dogs bred for medical research from a facility in Virginia.

On Wednesday, the Humane Society said that over the course of 60 days, they’d be transporting around 4,000 beagles in stages to shelters nationwide so they could be adopted. (read more)

4,000 beagles?

Good grief, is that the scale of Anthony Fauci’s beagle abuse?

Suspicious Beagle is, well, suspicious….

Jul 15 2022

The Biden Economy is So Bad, Even His Gatekeepers Now Admit Biden Has Broken All Records for Bad Economic Outlooks


Posted originally on the conservative tree house on July 14, 2022 | sundance

CNBC is the Biden defense team for media broadcasts of anything related to the economy.  As a result, you know things are bad when CNBC broadcasts that Joe Biden’s economy has the highest level of dissatisfaction in the history of their surveys.

Steve Liesman was given the task again to share the horrible results. WATCH:

Jul 15 2022

Producer Price Index Hits Peak 11.3 Percent Inflation Driven by Biden Energy Policy – Service Prices Now Indicate Recession


Posted originally on the conservative tree house on July 14, 2022 | sundance

The “Producer Price Index” (PPI) is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released June price data [Available Here] showing another 11.3% increase year-over-year in Final Demand products at the wholesale level.

Overall, the wholesale inflation rate is being driven by energy prices.  The June calculation shows exactly that problem with energy prices embedded in goods driving 10% of the price increase.  However, there is some good news in the short-term for July and August, as the intermediate and raw material costs are leveling off temporarily.  Unfortunately, that raw material price plateau is almost certainly the result of a drop in demand.

CTH has modified Table-A and Table-B to take out the noise.

The June inflation rate for final demand goods (2.4%) is driven mostly by higher energy prices (10%).  Energy costs are passed along through every stage of the supply chain contributing to an overall wholesale price increase of 2.4% in June, 11.3% year-over-year.

Notice the slight drop in final demand services; that is important.  What we are seeing is a contraction in the service economy overall, as the service sector -which includes restaurants- cannot pass along the scale of energy price increase to customers. People are changing their spending habits – service demand overall is dropping.

Additionally, the producer price index gathers data from inside the supply chain, backwards from the final stage (wholesale) into the intermediate stage (various processing) and also raw material prices.   Here is where things are getting interesting, and now I can make some direct forward predictions.

I modified Table-B so you can see how the supply chain for goods is responding to both: (A) energy prices, and (B) consumer spending.  You can click on the graphic to expand the image and spend some time on it if needed.

You can see from the left side of modified Table-B that both levels of intermediate goods were heavily impacted by energy prices.  “Intermediate” processed goods rising 2.3% in June, 22.2% year-over-year.  Intermediate unprocessed goods (raw materials) rose 9.5% in June, 58.0% year-over-year.

However, if you subtract the massive June energy costs, you will note the intermediate price of nonfood processed goods significantly dropped to 0.2% in June.  And if you subtract the energy costs, you will notice the raw material prices for nonfood durable goods actually declined 2.2% in June.

Here’s what is going on…

The inflationary impact of Joe Biden’s Green New Deal energy program is running into the inability of consumers to pay for the price increases it creates.  That is what is causing the demand side drops in retail economic activity on Main Street.  We all know this.

As a result of these high prices, there is less internal demand within the supply chain for both goods and services.  Inventories are climbing and the demand for raw materials to produce durable goods is now declining.  Subtract the energy costs and nonfood prices are dropping. The decline is a raw material demand outcome.

June energy prices were extremely high.  That’s driving the current PPI price outcome at all stages; but behind that issue is low manufacturing activity.

Remember, two months ago we said food prices would plateau in July and August.  This PPI report shows the entry into that plateau.  However, there is a problem on the horizon that is not measured in this data.

The high energy costs to farmers (fertilizer, diesel, oil, energy, etc.), a cost already seeded (forgive the pun) is right now in the fields…. waiting…. sitting somewhat dormant and ignored by the statisticians… but that higher origination price is growing and lurking….

When the farming harvests take place, those higher field costs will enter the supply chain again and end up finding their way, via wholesalers and supermarkets, to your fork.  Big Ag is going to maximize this opportunity.

Farmers will not be the ones benefitting.

♦ For the next two months the Consumer Price Index and Producer Price Index will show inflation stability and possibly even price declines.

Those reports will come out in August (for July) and September (for August) and will give the impression that inflation has moderated, and the Fed has been successful.  However, in/around Sept and October the harvest cost will hit the stores.  At that point, energy prices -already high- will take a backseat to the rate of inflation driven by massive increases in food prices.

Oct, Nov and December, all the way through the winter, will be painful at the grocery stores and supermarkets.   Also, restaurants this fall and winter, are going to get hit hard as their suppliers start to deliver food at much higher prices.  Those people in the food service industry need to prepare now for what is looming.

Everything I just described above is happening at the same time as consumer demand for durable goods and non-essential services is dropping.  The current economic activity on Main Street is tepid at best.  Housing values have peaked along with rents.

Every element of the U.S. economy is now entering a phase where success or failure in a Main Street business is directly connected to the customer being able to afford the product or service.

Two-thirds of our Gross Domestic Product (GDP) is driven by consumer spending.  Our borders are open, our wages are flat, our prices are high, our discretionary spending is contracting.  Our manufacturing and service driven economy will contract, and we are two months away from food stability, prices, affordability and potentially scarcity, being the primary focus of everyone.

FUBAR

Prepare your affairs accordingly.

Jul 14 2022

70% of 10-Year-Olds Cannot Read After Lockdowns


Armstrong Economics Blog/Corruption Re-Posted Jul 14, 2022 by Martin Armstrong

Children suffered the worst long-term consequences of the lockdowns. “The State of Global Learning Poverty: 2022 Update,” found that an alarming 70% of middle and lower-class 10-year-olds across the globe cannot read. There is no greater freedom than knowledge, and reading comprehension is essential to our modern-day existence. “Only the richer segments of the population—those with broadband connectivity, access to devices for the use of each family member, a place to study, availability of books and learning material, and a conducive home environment, among other conditions—were able to maintain a reasonable level of education engagement,” the study cited. We are now in the midst of an education crisis where children have fallen perhaps too far behind to catch up with their peers.

Latin America, the Caribbean, and South Asia saw the most notable declines in learning as schools there completely closed and many did not have access to online education. Sadly, many of the organizations that pushed for the lockdowns and school closures, such as the Bill & Melinda Gates Foundation, would like to step in to help re-educate these children. They will try to reshape an entire generation of vulnerable children as they see fit. “Fighting this learning crisis is the challenge of our times if we do not want to lose this generation of children and youth,” the report said.

“COVID-19 has devastated learning around the world, dramatically increasing the number of children living in Learning Poverty,” said Jaime Saavedra, Global Director for Education at the World Bank. “With 7 in 10 of today’s 10-year-olds in low- and middle-income countries now unable to read a simple text, political leaders and society must swiftly move to recover this generation’s future by ensuring learning recovery strategies and investments.” They are calling this phenomenon “learning poverty,” but the issue was not based on class. This drastic decline in reading comprehension is a direct result of lockdowns and school closures.

The report tries to claim that “learning poverty” was prevalent before the lockdown, but there is no denying that allowing children to miss 273 days of school in certain areas of the world caused this problem. The report says learning poverty violates children’s right to education, but the lockdowns and tyrannical crackdown on a largely unlethal virus harmed ALL children across the globe.

So now, children risk losing $21 trillion in lifetime earnings, equivalent to 17% of global GDP. Our model has been targeting 2030 for many years as a major turning point. Unsurprisingly, this report claims that if we follow the guidance of the same agencies who forced school closures, we can attain a newly indoctrinated, I mean educated, population by 2030.

Jul 14 2022

Biden on Crack and Mass Incarceration


Armstrong Economics Blog/Corruption Re-Posted Jul 14, 2022 by Martin Armstrong

As if we needed more proof that the elites are beyond the law — disgraceful. Listen to the words coming out of Joe Biden’s mouth juxtaposed to a video of his son weighing crack cocaine in a filthy hotel. The sweet “Uncle Joe” image that Obama created for this man is a lie. As senator of Delaware, Joe Biden implemented strict laws to punish drug addicts, specifically those addicted to crack cocaine. He did this to target African American communities where crack was more prevalent due to a three-letter agencies’ involvement (a post for another time, perhaps).

Biden championed the 100-to-1 crack/powder disparity where those in possession of crack would receive 100 times the penalties for carrying the same amount of powder cocaine. He is the man responsible for the US creating the role of “drug czar,” as he championed being tough on crime throughout his career until he reached the White House.

Biden opened the doorway for civil asset forfeiture in the Comprehensive Crime Control Act of 1984, which gave the government permission to seize the assets of anyone suspected of drug trafficking. Similar to conspiracy, no actual crime needed to be committed.

A report from the American Civil Liberties Union, “Cracks in the System,” found that the 100-to-1 rule disproportionally targeted African Americans and contributed to mass incarceration:

“In 1986, before the enactment of federal mandatory minimum sentencing for crack cocaine offenses, the average federal drug sentence for African Americans was 11% higher than for whites. Four years later, the average federal drug sentence for African Americans was 49% higher.”

Those with minor possession of crack cocaine, much smaller than anything his son has purchased, faced numerous years behind bars without a fair trial and were treated as criminals rather than addicts with a physical and mental health problem. The media wants us to sympathize with Hunter Biden for his rough past, but no one sympathized with the countless people locked away under “Pedo Pete’s” laws. Biden was also responsible for helping Bill Clinton pass the 1994 Violent Crime Control and Law Enforcement Act, which encouraged the death penalty for suspected traffickers and banned certain people from legally possessing weapons. The law most famously included the “three-strike” rule that locked people away for life after three offenses. Bill Clinton later apologized for that ruling, but Joe Biden did not.

What changed Biden’s mind? He has recently come out to decry the harsh rules he implemented and is notoriously light on crime. Well, his daughter Ashley was arrested for marijuana possession in 1998 in Louisiana. Ashley was never convicted of a crime, and her father went on to claim in an ABC interview as far as 2010 that marijuana was a gateway drug. “I still believe it’s a gateway drug. I’ve spent a lot of my life as chairman of the Judiciary Committee dealing with this. I think it would be a mistake to legalize,” then Vice President Joe Biden said.  Let us not forget that he ran campaign ads before the US 2020 Presidential Election to repeal any marijuana-related restrictions that “unfairly targeted minorities.”

Biden is one of the most hypocritical politicians in modern history. He went from championing destroying already ruined lives with unforgiving laws to spending US taxpayers’ dollars on providing addicts with free drug paraphernalia. He defunded police agencies at a time when the opiate epidemic was killing more young lives than ever before. Under the very laws he created, he technically helped his son purchase crack and, therefore, should be investigated, albeit this only scratches the surface of the crimes he has committed through his son.

Hunter Biden and the entire Biden crime family are blatantly above the law. Crack smoking is one of the least offensive activities exposed in Hunter’s laptop from hell. He will never be investigated, and Biden will never feel sorry for the countless lives he has ruined.

Jul 14 2022

NYT Democrat Voter Poll Shows Base Do Not Want Biden Reelected, Biden Leaves Town and California Governor Gavin Newsom Shows up at the White House


Posted originally on the conservative tree house on July 13, 2022 | Sundance 

Democrats are historically known for the optics of their politics.  With that in mind, is it coincidental that California Governor Gavin Newsom, one of the leading people that leftists want to see run in 2024, shows up to tour the White House the day after Joe Biden leaves town?

Considering the recent article from the New York Times outlining how most democrats do not want to see Joe Biden run for reelection, the timing seems rather conspicuous. {Direct Rumble Link} WATCH:

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Gavin Newsom is turning California into Somalia, so it would make sense for him to be the next one in line to continue the chaos.

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(Discussion Poll pdf Here)

Jul 13 2022

400,000 Chinese Lose Their Life Savings Instantly


Armstrong Economics Blog/Corruption Re-Posted Jul 13, 2022 by Martin Armstrong

https://rumble.com/embed/v1964tn/?pub=4#?secret=LxEgfpWi3W

Officers in plain clothes disrupted a peaceful protest outside the capital of Henan, as seen in the video above. Depositors were protesting to demand that their savings be returned as thousands have been unable to access their money for over a month. Banks in Henan first froze client assets, and then the Chinese government changed the victims’ COVID QR passes to red to deny them the freedom of movement. The most recent protest was among the largest seen in China since the pandemic began.

Over $6 billion (39 billion yuan) is missing. A reported 400,000 people have been affected. Imagine going to the bank only to realize that your entire life’s savings were gone instantly? You worked hard, saved, and did everything right for years or decades, only to have it all abruptly taken away. Even the most ruthless government is in trouble when the people have nothing left to lose. Imagine if the Chinese were permitted to own guns? There would be uncontrolled civil unrest.

So where is the money? Chances are that the banks do not have the liquidity to pay out all of the depositors. Instead of cracking down on the banks, the government is coming after innocent people. Officers in plain clothes attacked protestors, including the elderly and women, and civilians were left wondering why their own people would attack them when they were clearly the victims. Governments are completely ruthless and DO NOT CARE ABOUT THE PEOPLE.

Jul 13 2022

Neil Oliver Analyzes the Global Uprisings that are Rejecting the Build Back Better Agenda


Posted originally on the conservative tree house on July 12, 2022 | Sundance

Appearing on GBNews with Dan Wootton, UK commentator Neil Oliver discusses and connects the Sri Lanka protests, the uprising in the Netherlands, and the aligned protests in Poland, Italy, Germany and much of the European continent.

As Oliver notes the pretorian guards for western politicians, aka the ‘western media’, are doing everything they can to ignore the global scale of the popular uprisings that are directly connected to the globalist agenda of the World Economic Forum and their Build Back Better orders to the western politicians.  The media ignore the issue until it reaches a point like Sri Lanka where it can no longer be ignored.  WATCH:

The Canadian trucker protests were targeted by Canadian Prime Minister Justin Trudeau in an effort to quickly stop the spread of any opposition to the globalist agenda. However, in the Netherlands the Dutch farmers have several distinct advantages in their ability to impact the life of ordinary Dutch people, as they refuse to become victims to the new global feudalism.

Like Sri Lanka, the Netherlands is a case study in raw people power, where the government is represented by a select few people.  The only thing keeping the Dutch from storming the politicians’ palaces and government buildings is a preference for polite society.  If that preference changes, and it might as people get more desperate, well, katy-bar the door.

Sri Lanka (top)

The Netherlands (bottom)

Both uprisings are connected to the exact same dynamic.

Jul 12 2022

Sri Lanka’s Economy Completely Collapsed


Armstrong Economics Blog/Tyranny Re-Posted Jul 12, 2022 by Martin Armstrong

Protestors swarmed President Gotabaya Rajapaksa’s palace in Sri Lanka, forcing him to flee and step down. The entire government in Sri Lanka will be restructured. When the people are hungry, no amount of rules and restrictions will prevent them from protesting. Sri Lanka ran out of food and ran out of fuel to cook whatever happened to be available.

The country’s foreign reserves were depleted. The government began to cut the power grids daily for increasingly longer periods. There was not enough fuel to power generators. Inflation soared to 45.3% in May, with food costs rising 58%. The United Nations estimated that 22% of the entire population had become food insecure and 86% of families  “are resorting to at least one coping mechanism, including eating less, eating less nutritious food and even skipping meals altogether.”

“Gota Go Gama” (Gama meaning village) or GGG protests arose throughout the nation. Labor migration rose 286% this year, according to the Sri Lanka Bureau of Foreign Employment. The government owes $51 billion in debt and cannot make any payments on loans. Their currency collapsed 80% and was basically worthless. Tourism halted after the pandemic, adding to the crisis. The people had hit rock bottom and knew exactly who to blame. President Rajapaksa and his brother, former Prime Minister Mahinda Rajapaksa, are extremely corrupt. They allowed the problem to become a crisis; living lavishly as their people starved.

The revolutionary wave has only just begun. I warned that it would first come for emerging countries. However, do not think this incident will be isolated to one nation. Unrest is rising as living standards decline.

Jul 12 2022

Another Dead Politician


Armstrong Economics Blog/Politics Re-Posted Jul 12, 2022 by Martin Armstrong

We warned that 2022 would be the year from political hell. There has been another assassination, but this time in Brazil. Brazil’s leftist opposition Workers’ Party (PT) Marcelo Arruda was enjoying his birthday celebration in the city of Foz de Iguacu, Parana, when he was shot dead.

Jorge Jose da Rocha Guaranho is responsible for the shooting. Reports state that the two men had some sort of disagreement that led to gunfire from both sides. Gurarnho was also shot but lived to tell the tale, although he was originally declared dead by the media. Arruda died on the scene. Yet, there may be more at play. Witnesses say that the murderer showed up uninvited and began shouting insults at the politician while praising far-right President Bolsonaro. He left the party but returned shortly after to kill Arruda.

“Another dear comrade passed away this morning, a victim of intolerance, hatred and political violence,” Gleisi Hoffmann, the PT’s national president, stated.

This comes before Brazil’s presidential election in October, which is likely to bring more violence and civil unrest. President Luiz Inacio Lula da Silva is the current PT candidate and is leading in the polls ahead of Bolsonaro. However, Bolsonaro hinted that he may not accept defeat and plans to remain in power. In response to the shootings, Bolsonaro tweeted: “I ask these types of people, for consistency, to change sides and support the left.” Things are getting ugly.