Joe Biden Says Today, “Americans Feel More Financially Comfortable than Any Time Since 2013”


Posted originally on the conservative tree house on June 3, 2022 | Sundance

There was a really bizarre dichotomy on display today within the teleprompter script prepared for Joe Biden to use.

Dear Leader took to the microphones to brag about his economic accomplishments and remind Americans how all good thinking people should be feeling:

“Since I took office, families are carrying less debt; their average savings are up.  A recent survey from the Federal Reserve found that more Americans feel financially comfortable than at any time since the survey began in 2013.”

[Source Transcript] – {Direct Rumble LinkWATCH:

Do you hear what he is saying?  Americans have less debt, their savings are up, and they are more comfortable financially today than ever before.

If those remarks were based on reality, then why was the following segment stated exactly 52 seconds later in the same script?

…”one way we can make things a little better for families is by helping them save on other basic items their family needs on a monthly basis, like their utility bills, their Internet bills, their prescription drug bills, and other costs like housing. My goal is to make sure that at the end of the month families have a little more breathing room than they — than they have now.” (link

These are not two different speeches; these are two paragraphs a few moments away from each other in the exact same speech. [Full Transcript Here]

This speech should ring massive alarm bells, not because of what is being said – but because the people behind Biden are just phoning in the propaganda now and not even trying to hide it or give the illusion of a president in control.  No president, in command of the office and the issues, would read those two paragraphs of a prepared speech and not point out the literal hypocrisy his handlers were telling him to read.

Full Remarks, filled with denial, lies and some of the weirdest gaslighting to date.

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Examples from speech:

…”The price of gas is up $1.40 since the beginning of the year when Putin began amassing troops at the Ukrainian border.  This is the “Putin price hike.”

Example #2:

…”Putin’s war has raised the price of food because Ukraine and Russia are two of the world’s major breadbaskets for wheat and corn — the basic product for so many foods around the world.” 

House Representative David Cicilline Introduces 2022 Democrat Campaign Strategy, Constitutional Rights are “Bulls**t”


Posted originally on the conservative tree house on June 3, 2022 | Sundance

Democrat House of Representatives member David Cicilline (Rhode Island) delivered remarks during a congressional hearing about the second amendment rights of Americans.  Within his prepared remarks Representative Cicilline says the quiet backroom part out loud and introduced the modern democrat perspective on the constitution.  WATCH:

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When people show you who they are, what their priorities maintain and how they structure their outlooks, it is generally the best idea to accept it.

If constitutional rights are “bullshit,” then what control mechanisms remain to restrain excessive government power?

Why Guns Must Be Banned Now!


By Awaken With JP  originally Published on Rumble on June 2, 2022

Here’s exactly why it is a good idea to ban all guns now!

Bayer Head Admits COVID-19 Vaccine is Gene Therapy


Armstrong Economics Blog/Corruption Re-Posted Jun 3, 2022 by Martin Armstrong

Stefan Oelrich, head of Bayer’s pharmaceuticals department, admitted at the World Health Summit that the COVID-19 vaccine is gene therapy. He smugly stated that the drug companies knew people would reject the vaccine if they knew it was in fact a gene-altering injectable. They lied to us for profits as the vaccine certainly did not prevent anyone from contracting or transmitting the virus.

“If we had surveyed two years ago if people were willing to take gene or cell therapy and inject it into your body we would have probably had a 95% refusal rate,” Oelrich admits while forgetting many took the “gene therapy” through force.

Twitter has already flagged retweets of this video as “misleading.” The conspiracy theorists who were told they had no place in society were right as Big Pharma and governments worldwide used the public as guinea pigs for the largest gene therapy study in history. We still do not know the long-term health implications but have seen a variety of health issues and lingering side effects in the short-term. Revolutions have occurred over much less.

The Personal Savings Rate is at Great Recession Levels 


Armstrong Economics Blog/North America Re-Posted Jun 3, 2022 by Martin Armstrong

Saving money has become impossible for many amid 40-year high inflation. According to data from the US Bureau of Economic Analysis, the personal savings rate reached 4.4% in April after steadily declining from the 6% level seen in January. This marks the lowest rate on record since September 2008 amid the Great Recession.

People hoard and save when they are pessimistic about the future. That innate desire to save is not possible with inflation at 8.3%. For example, in April 2020, the lockdowns began to take a stronghold on the US. People were losing their jobs, basic necessities such as toilet paper were in short supply, and no one knew when life would return to normal (spoiler: it never will). Fears were high, but inflation was only 4.2%. The personal savings rate at that time reached a historical high of 33.8%, partially due to government handouts, social programs, and payment moratoriums.

People can hardly save with the current cost of living. If the economy continues to slide into a recession, survival will be the main concern rather than saving.

Yellen & Inflation


Armstrong Economics Blog/ECM Re-Posted Jun 3, 2022 by Martin Armstrong

QUESTION: Marty; I have been a follower for years. Your model has correctly forecasted every major trend from civil unrest to disease. But your forecast that this wave would be commodity inflation based on shortages years in advance, proves that you deserve the Noble Prize. Absolutely no analyst did that although many now pretend they are forecasting this trend. I have to ask. Why is the government refusing to use your model?

HK

ANSWER: The entire economic field sells itself as the solution. They reject the idea of any defined business cycle BECAUSE that means there can be no manipulation. Just look at Schwab and his World Economic Forum, which will be one day cast as the evil emperor in some future version of “Planet of the Manipulators.” If they listened to this model and followed it, they would reject Schwab’s obsession with Marxism. As long as the economy is random, then they can manipulate it. Following my model strips them of that power.

There are still people in the former Iron Curtain countries that miss communism. Why? It is the same in prison. You become institutionalized and have no responsibilities, including taxes. Someone hands you a broom, you sweep the street, and it takes not a single mental thought of how to actually do the job. You can’t even be fired.

Joe Biden Demands New Gun Control Measures, Assault Weapon Ban, Magazine Capacity Limits, Red Flag Laws, Gun Mfr Liability and More


Posted originally on the conservative tree house on June 2, 2022 

With barely more than a third of the country supporting the installed occupant of the White House, Joe Biden took to the podium tonight to demand a litany of new gun restrictions.  Biden called for the banning of assault weapons and high-capacity magazines through reinstating the 1994 Federal Assault Weapons Ban, noting that if that can’t happen, the government should raise the legal age to purchase such weapons from 18 to 21.

Biden also called on congress to construct new federal background checks, which sounded a lot like a federal registration of gun ownership.  Also, he is demanding “red flag” laws that will allow schools, counsellors, doctors and others to flag an individual as a threat to themselves or others, thereby removing their right to gun ownership.   Biden also said he want’s congress to ban large capacity magazines limiting all firearms to five bullets.   WATCH:

JPMorgan Chase CEO Warns to Prepare for Economic Hurricane as Biden Administration Switches U.S. Economy to Green New Deal Agenda


Posted originally on the conservative tree house on June 2, 2022 | sundance 

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon warned of a “hurricane” as the economy struggles against fiscally induced growth, quantitative tightening and Russia’s invasion of Ukraine. Mr Dimon was delivering remarks at a conference sponsored by Alliance Bernstein Holdings Wednesday.

Higher oil prices, higher fuel prices, higher energy prices and much higher food prices are all looming over the horizon as the Biden administration switches the baseline for the U.S economy from oil and gas to the Green New Deal energy program. Things are going to get worse, the question is, how much worse? WATCH:

The White House is pretending the U.S. government does not have full control over what is happening in the economy.  The media are pretending not to know that the White House is avoiding admitting the agenda and economic pain is intentional and unavoidable.  The republican politicians are pretending the Biden economic transition program is because the White House is incompetent.  All of these -and so many more- are just pretenses.

What is being done by the government, in this decision to switch from an oil and gas economy into a wind and solar economy, is being done on purpose. Yes, everyone at every level of government, both political parties and every agency within it, and the entirety of the corporate media are pretending not to know this is the Green New Deal taking place.

Small Business Payrolls Collapse in New ADP Report for May, Total Employment Result Far Below Expectations


Posted originally on the conservative tree house on June 2, 2022 | sundance

You do not need anyone to affirm that Main Street is in trouble, you can see it all around you.  Inflation is crushing blue-collar and white-collar workers as prices continue to rise on essential goods. Consumer spending is now prioritized around the higher cost of housing, energy, gasoline and food.  Family earnings are spent before the paychecks arrive for most Main St workers, and now we are starting to see the alarming result economic contraction, beginning with small businesses.

That’s the message within the ADP private sector payroll report released today [DATA HERE], which shows a contraction in small business employment.  Economists were looking for private payroll increases in the 300,00 range; but the result was far lower at 128,000.   Small businesses lost 91,000 jobs in May.  Main Street is in trouble.

WASHINGTON, June 2 (Reuters) – U.S. private payrolls increased far less than expected in May, which would suggest demand for labor was starting to slow amid higher interest rates and tightening financial conditions, though job openings remain extremely high.

Private payrolls rose by 128,000 jobs last month, the ADP National Employment Report showed on Thursday. Data for April was revised down to show 202,000 jobs added instead of the initially reported 247,000. Economists polled by Reuters had forecast private payrolls increasing by 300,000 jobs. (read more)

Creepy Porn Lawyer Michael Avenatti Sentenced to Four Years in Prison


Posted originally on the conservative tree house on June 2, 2022 | sundance 

Michael Avenatti, a man of exceptionally low moral character and failed integrity, who was also the mainstream media’s one-time all-star favorite liar, was convicted of fraud and theft from his former Client Stormy Daniels.  Today he was sentenced.

Avenatti is currently serving a 30-month prison sentence for corporate extortion of Nike and was just sentenced to an additional four years in prison for wire fraud and identity theft in the Stormy Daniel Case.

(Via CNN) – Disgraced attorney Michael Avenatti was sentenced to four years in prison for stealing nearly $300,000 from his former client, adult film actress Stormy Daniels.

District Judge Jesse Furman said Avenatti’s conduct was “so brazen and egregious” adding, he “took advantage of a vulnerable victim given her unorthodox career and somewhat unorthodox beliefs.”

Avenatti was convicted in February of one count of wire fraud and one count of aggravated identity theft. He faced as much as 20 years on the wire fraud charge and a mandatory two-year sentence for aggravated identity theft.

Avenatti is currently serving a 30-month prison sentence for attempting to extort over $20 million from Nike by threatening to go public with damaging information unless they paid him. He goes on trial next month in California on charges alleging that he embezzled $10 million in settlement funds from at least five clients. He has also been charged with tax fraud and bankruptcy fraud and pleaded not guilty to the charges. (read more)