Argentina Raises Interest Rate to 69.5%


Armstrong Economics Blog/Socialist Re-Posted Aug 15, 2022 by Martin Armstrong

Argentina is out of options. I reported on the ongoing widespread protests occurring across the country. The majority of the nation is unemployed, and the currency is basically worthless. The people can no longer rely on the socialistic promises as the government is unable to fund its programs. Basic necessities are no longer available, and the people are suffering.

After inflation reached 60%, the nation decided to stop printing money entirely. The central bank just voted to raise the benchmark rate by 950 bps to 69.5%. Inflation now sits at 71% after prices rose 7.4% in July.

Estimates state that inflation could reach 90% in Argentina by the end of the year. The government has run the economy into the ground, 6 feet under, and it will need a complete overhaul for the people to begin living comfortably again.

The IRS Targets the Poorest Americans


Armstrong Economics Blog/The Hunt for Taxes Re-Posted Aug 15, 2022 by Martin Armstrong

The Internal Revenue Service (IRS) claims that they will not target lower and middle-class Americans under their staff expansion. This is a lie a they already target the poorest households at five times the rate of other income brackets.

Trac IRS examined the audit figures from FY 2021. The IRS audited 659,003 returns last year out of the 160 million filed. So out of every 1,000 filers, four were targeted for audits. This is already an increase from 2020, when three out of every 1,000 filers were investigated. Prior to 2020, audit rates had been declining.

The IRS uses “correspondence audits” to request additional documentation to prove that the filings are accurate. These correspondence audits compiled 85% of all audits conducted last year, marking a 5% increase from the previous two years. Some Americans live on such a small income that they file for an anti-poverty tax credit. Those earning a mere $25,000 annually or less accounted for 54% of all correspondence audits.

The idea that this expanded branch of government will target the dreaded rich is a lie. Around nine million taxpayers in the highest bracket earned between $200,000 to $1,000,000 but were only targeted at one-third of the rate compared to the poorest in the country. In fact, less than 40,000 returns among the top-tier tax bracket were targeted. Only 13,725 people earning over $1 million were targeted. The IRS is basically asking the most desperate among us to prove that they are poor.

With new resources and funding, the IRS will target EVERYONE.

Romania Gifts Moldova One Million Potassium Iodide Pills


Armstrong Economics Blog/War Re-Posted Aug 15, 2022 by Martin Armstrong

The world is preparing for the worst – a nuclear disaster. Romania gifted Moldova one million pills that protect against radioactivity due to fighting near the Zaporizhzhia power plant in Ukraine. Russia has control of the plan but claims it will not begin a nuclear war. Still, the Commission for Exceptional Situations of Moldova is distributing potassium iodide pills to citizens as a precaution.

The pill is supposed to prevent the thyroid from absorbing radioactive iodine and must be taken within 24 hours of exposure.

Romania has personally distributed 30 million potassium iodide pills to its citizens. Romania’s Minister of Health, Alexandru Rafila, is urging everyone under the age of 40 to pick up their tablets. “There is more demand, less demand, I don’t know to tell you. But now, perhaps as things get tense in Ukraine, demand is likely to increase. But family doctors must issue a prescription to those who need to receive potassium iodide.” He added.

Romanian doctors expressed disappointment as citizens immediately panicked and rushed to obtain these pills. The fear of a potential nuclear disaster is now embedded in the minds of many Eastern Europeans.

Something Smells About the Raid of Trump


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

Back in October 2020, Trump issued had issued a major declassification order for every Russiagate document. He also included every former Secretary of State Hillary Clinton document to be declassified. Sources in Washington suggest that the National Archives is playing politics and has ignored the declassification of all the RussiaGate documents. The raid of Trump appears to be a move to protect the full disclosure of what took place under RussiaGate. This may get far worse if the true scope of the seized documents ends up being revealed. Let’s see what surfaces. The president has the power to declassify any document. This is raising serious questions as to what is going on at the National Archieves.

Sunday Talks, Devin Nunes and Kash Patel Discuss the FBI Raid on Trump and DOJ Targeting 4.0


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

It’s likely the most important interview this Sunday, ergo Fox News -in an effort to support the overall agenda- doesn’t put it on any of their replay media. The scheme against our republic is so tentacled there are no corporate media out of alignment.  The anti-Trump/anti-MAGA effort doesn’t just stem from ideological communists and leftists, the republican apparatus is 100% part of the enterprise.  Don’t fool yourself, we have yet to see the full scope of the enemy.

If you think masks dropped in the past 6 years, we are only about 60% of the way there…. Many more masks will be dropping and some of them are likely to stun people. Decades of entrenched Machiavellian club manipulation, and years of coat tailing the base by left-wing republicans, has yet to surface.  Remember, two-thirds of the iceberg are hidden under water. [Direct Rumble Link Here]

In this interview Devin Nunes lays out the history of DOJ and FBI corruption under Obama, the originator of the modern Fourth Branch of Government.  Nunes accurately points out the continuum of the DOJ/FBI corruption, but missed one element, the formation of the DOJ-National Security Division. That’s where it all starts.

From Eric Holder and Robert Mueller’s, Fast n Furious gun running operation (08/’09); to the DOJ use of the IRS for targeting (Lois Lerner, Eric Holder ’10, ’11); to the 19 days it took the FBI to reach Benghazi (’12); to the DOJ/FBI using NSA databases for surveillance (2012-2016); to the Crossfire Hurricane operation (Yates/Lynch ’16); to Robert Mueller resurfacing (’17, ’18, ’19); to the DOJ targeting Trump now (’20, ’21, ’22); it has all been one long continuum since the DOJ-NSD was formed.  WATCH:

Kash Patel then overlays the people who use the weaponized DOJ-NSD to create the “ongoing investigation” document blocks.  Including, John Carlin, Mary McCord, Lisa Monaco (DOJ-NSD); as well as Jake Sullivan and Susan Rice (White House).  Again, same names in Obama administration, exit then return with Biden administration; it’s the same continuum.

This was the reason for writing the four-part series outlining the network:

♦Part One outlines the background of the modern Deep State, and the formation of the DOJ-NSD {Go Deep}.

♦In Part Two you see the specifics of how President Trump was targeted by political operatives using the DOJ-NSD {Go Deep}. 

♦In Part Three you see how and why President Trump was blocked from releasing documents against the DOJ-NSD {Go Deep}.   

♦And in Part Four, we outlined exactly what those specifics documents are that likely existed in Mar-a-Lago. {Go Deep}

Everything I research, write and share is free for the taking.

Download it into a pdf form, modify the internal citations as footnotes, proofread, add, subtract, modify it, change the language, simplify it, do whatever you want to make it your own in whatever format suits your needs. No attribution or citation is needed.

This is a battle to save our nation from a corrupt enterprise. I put no parameters on any tool or intellectual weapon you may find of benefit. That just isn’t me.  Those who have been around a while know where I stand…. which is right next to anyone who is in the fight.  Getting the message out is the urgent and important part; how it arrives, is of no issue for me.

We are not on a last hill; we are far beyond that.  We are on the precipice.

It would be against every intent of the Treehouse for me to put limits on any information that might help.

Love to all and abundant appreciation for most,

Sundance

Sunday Talks, Representative Scott Perry Discusses His Encounter with a Tyranical DOJ


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

Representative Scott Perry, R-Penn., appears with Maria Baritomo to discuss his experience with the FBI after agents confiscated his cell phone. Additionally, Mr Perry discusses the Biden administration’s handling of national security issues including China, Iran and the U.S-Mexico border. {Direct Youtube Link}

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Using Familiar Leaks, the New York Times Frames the Case Against President Trump 4.0


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

State Dept use CNN.  CIA/IC use Washington Post. DOJ/FBI use New York Times/Politico. These are the constants in an ever evolving, ever changing, yet always consistent narrative engineering roadmap.

The New York Times frames the newest version of the ‘case against Trump.’  This is technically update 4.0, from the original 2015/2016 targeting effort.  Version 2.0 was Robert Mueller. Version 3.0 was the impeachment revision built upon 1.0 and 2.0.

In the latest update, 4.0 carries the same intent but a modified and expanded design.

New York Times – […] Last year, officials with the National Archives discovered that Mr. Trump had taken a slew of documents and other government material with him when he left the White House at the end of his tumultuous term in January 2021. That material was supposed to have been sent to the archives under the terms of the Presidential Records Act.

Mr. Trump returned 15 boxes of material in January of this year. When archivists examined the material, they found many pages of documents with classified markings and referred the matter to the Justice Department, which began an investigation and convened a grand jury.

In the spring, the department issued a subpoena to Mr. Trump seeking additional documents that it believed may have been in his possession. 

[…]  In an effort to resolve the dispute, Mr. Bratt and other officials visited Mar-a-Lago in Palm Beach, Fla., in early June, briefly meeting Mr. Trump while they were there. Two of Mr. Trump’s lawyers, M. Evan Corcoran and Christina Bobb, spoke with Mr. Bratt and a small number of investigators he traveled with, people briefed on the meeting said.

Mr. Corcoran and Ms. Bobb showed Mr. Bratt and his team boxes holding material Mr. Trump had taken from the White House that were being kept in a storage area, the people said.

According to two people briefed on the visit, Mr. Bratt and his team left with additional material marked classified, and around that time also obtained the written declaration from a Trump lawyer attesting that all the material marked classified in the boxes had been turned over.

A short time after the meeting, according to people briefed on it, Mr. Bratt sent Mr. Corcoran an email telling him to get a more secure padlock for the room. Mr. Trump’s team complied.

The Justice Department also subpoenaed surveillance footage from Mar-a-Lago recorded over a 60-day period, including views from outside the storage room. According to a person briefed on the matter, the footage showed that, after one instance in which Justice Department officials were in contact with Mr. Trump’s team, boxes were moved in and out of the room.  (read more)

That’s essentially the nub of the current DOJ/FBI effort to target/remove President Trump.

According to the narrative, President Trump isn’t allowed to have any records of his administration.  So goes the origin of the targeting.  All other presidents are permitted to have documents, but not Trump.   Trump bad. All others, good.

…”the footage showed that, after one instance in which Justice Department officials were in contact with Mr. Trump’s team, boxes were moved in and out of the room.” Yeah, well, kind of hard to respond to whatever they wanted, without actually touching or moving the boxes; but ignore that… we need to make it suspicious or something.

NBC Legal Analyst Barb McQuade showcases the current DOJ plan as outlined by the Lawfare crew. [link]

To anyone concerned, I would simply say ‘relax‘.  Be angry, but not despondent.

The effort is as much intended to wear YOUR psyche down as it is to attack Trump.  Remember the Alinsky strategy: Ridicule, Isolate, Marginalize… This is the essential goal of political lawfare.

Yes, political lawfare is corrupt, horrible and infuriating.   However, at the end of the day it is based on weak arguments and fear.

The problem they face against Trump is simple.  In 2020 President Trump earned 75 million votes in the election.  75 million.  How can they duplicate the election fraud to defeat 75 million voters, without the benefit of covid mail-in ballots?

That’s their problem.  They cannot defeat him or us.

They must remove President Trump because he/we represent an existential threat.

They will fail…

….There are more of us, than them.

Sunday Talks, Adam Schiff Claims He Has Seen No Evidence That President Trump Declassified Documents, a Ridiculous Lie


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

August 14, 2022 | sundance | 269 Comments

The agenda around the targeting of President Trump and any documents held in his Mar-a-Lago home is obvious. However, the framing of the media narrative around the targeting effort is even more ridiculous than the Trump-Russia conspiracy narrative.  [Transcript]

Appearing on CBS Face the Nation, current HPSCI Chairman Adam Schiff, a man of notoriously deceitful disposition, claims he has seen no evidence President Trump declassified documents prior to the end of his term. A ridiculous lie debunked by years of statements and documents from former DNI Ric Grenell, former DNI John Ratcliffe President Trump himself, and documents from the White House to the DOJ that are now part of the public record.  WATCH:

I know it is painful to watch these deep state participants spin their nonsense; the sanctimonious nonsense from the CBS narrative engineers is even worse. However, it is only by watching the narrative pushed toward the audience that you can truly absorb the intents and motives of the deepest Deep State liars, which includes republicans.

[Transcript] – MARGARET BRENNAN: You are typically told about covert operations, ongoing national security threats. Do you have any sense at this time whether the information that Donald Trump had in his Florida residence posed any kind of threat to national security?

REP. SCHIFF: Well, all I know about the actual materials is what was in that search warrant inventory, but from that alone, you can tell there was a serious risk to disclosure potentially of sources and methods, because some of those documents were marked top secret, sensitive compartmented information. That is among the highest of designation in terms of the- the extremely grave damage to national security that could be done if it were disclosed. So, the fact that they were in an unsecure place that is guarded with nothing more than a padlock or whatever security they had at a hotel is deeply alarming. And I have asked for, along with Chairman Maloney, a damage assessment by the intelligence community and a briefing to Congress.

MARGARET BRENNAN: Will you get one? Have you heard from the Director of National Intelligence?

REP. SCHIFF: I have not heard back yet. But I’m confident we will get one and I’m confident the intelligence community will do a damage assessment that is, I think, fairly routine when there has been the potential risk of disclosure of national security information or classified information. What is, to me, most disturbing here is the degree to which at least from the public reporting, it attempted- you know, it appears to be willful, on the President’s part, the- the- the keeping of these documents after the government was requesting them back. And that is- adds another layer of concern.

MARGARET BRENNAN: So, if there were truly materials of this classification level, and it’s been publicly reported elsewhere, that there were materials related to nuclear programs, for example, if there was that sensitive level of information being held, why did Justice Department officials wait 18 months after the end of the Trump presidency? What changed that made this immediate?

REP. SCHIFF: I don’t know. But if the Trump people represented that they provided all the classified or national security information and didn’t, that’s a serious problem. I can tell you anyone in the intelligence community that had documents like that marked top secret SCI, in their residence after authorities went to them, you know, they would be under serious investigation.

MARGARET BRENNAN: You know, the President has broad declassification authority when he is in office, but typically a declassification is memorialized in some way. Can you seek out the answer to the question of whether there actually is record of whether Donald Trump declassified that? That’s his defense here, that anything he had, he had already declassified.

REP. SCHIFF: Yes, we should determine, you know, whether there was any effort during the presidency to go through the process of declassification. I’ve seen no evidence of that, nor have they presented any evidence of that. The idea, first of all, a former president has no declassification authority. And the idea that 18 months after the fact Donald Trump- Trump could simply announce, well, I’m you know, retroactively declassifying or whatever I took home had the effect of declassifying them is absurd. But nonetheless, the statutes the Justice Department are asserting in the search warrant, don’t even require that they still be classified. If they would be damaging to national security, it’s a problem. It’s a major problem. And finally, I’d like to add the reaction of many of my Republican colleagues and those around the former president to attack the FBI over this and endanger FBI agents is just another damaging level of irresponsibility.

MARGARET BRENNAN: Well, also, we learned this past week that your colleague, Congressman Scott Perry, who leads the Freedom Caucus- the Justice Department seized his cell phone as part of their investigation into the attempts to overturn the election results in 2020 and that slate of fake electors. The committee looked into his actions and the slate of fake electors. We heard during the public testimony about that, and some conspiracy theories that he had been talking to Mark Meadows, the Chief of Staff, about. Are those two parts of those investigations overlapping here?

REP. SCHIFF: Well, to the degree that the Justice Department appears to be investigating the fake elector plot, then yes, our investigations would very much be overlapping. What is to me most striking about the seizure of that phone is in order to do that, of course, they would have to make a showing to a judge or grand jury about there being probable cause that there was evidence of a crime on that phone and the fact that it was a member of Congress’s phone, I think, would make the Justice Department all the more certain, or need to be certain, that they had the probable cause. And that also suggests the Department thinks that this fake elector plot was a violation of law, which I think it certainly was. So, I think it’s very significant. All those respects.

MARGARET BRENNAN: Yeah, and just- that is its own federal investigation there. On another topic, I want to ask you, we are coming up on this one-year anniversary of the U.S withdrawal from Afghanistan, and the Taliban takeover of that country. You said at the time of the withdrawal, that you would have liked the military to stay on as long as necessary to get Americans out and fulfill our obligation to our allies. You had pledged vigorous oversight. We haven’t seen the White House or State Department after-action reports on this. The country is just in utter devastation under Taliban rule. Did it really have to be this bad?

REP. SCHIFF: Well, I certainly don’t think the withdrawal had to go as it did, and the loss of American lives during the withdrawal, and the degree to which it took months and months and we continue to try to help people escape from Afghanistan, I think could have been handled differently. But I do think that we- we have demonstrated, the administration has demonstrated with the killing of Zawahiri, the number two in Al-Qaeda under Bin Laden, that it retains the capability, much as it said it would a year later to go after those that threaten the country

wherever they may be, in this case, the heart of Kabul. I think, you know, the killing of Zawahiri, shows both the danger and also our capability. The danger in that I think clearly high elements of the Taliban government had to know that he was there and were giving him safe harbor at the same time.

MARGARET BRENNAN: –Is Al-Qaeda an ongoing threat?

REP. SCHIFF: Al Qaeda is an ongoing threat. I think, though, that the threat from al Qaeda is probably greater outside Afghanistan than it is in Afghanistan.

MARGARET BRENNAN: Chairman Schiff, thank you for your time this morning. We’ll be back in a moment. (read more)

Think about it…. Any documents that would show a corrupt deep state targeting effort against Donald Trump would be considered a ‘threat to national security,’ as defined by the people doing the targeting against Trump.  It’s the issue CTH has been outlining for years.

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Yet More Problems at Problematic Baltimore Drug & Vaccine Production Plant—Plenty of Taxpayer Dollars Burn Away


TrialSite Staff Posted on Aug. 14, 2022, 10:30 a.m.

A drug and vaccine drug production facility in Baltimore plagued with problems was shut down by the U.S. Food and Drug Administration (FDA) in early 2021. Apparently suspended due to contaminants, the FDA allowed the production facility to go back online just months later in August of 2021. Now about 135 million doses of the Johnson & Johnson vaccine will need to be destroyed due to yet more quality mishaps at the same facility. Other production problems at an Emergent BioSolutions production facility reported by this media led to the destruction of 400 million vaccine doses last year. According to a statement by Johnson & Johnson has ended its relationship with Emergent BioSolutions. The New York Times covered this latest quality debacle late last month.

Emergent BioSolutions benefited from multiple federal contracts during the pandemic yet couldn’t keep the quality together to avoid the wastage of hundreds of millions of vaccine doses.

Emergent BioSolutions was a costly partner for AstraZeneca as well as Johnson & Johnson. A manufacturing partner in America they were apparently the cause of vaccine safety issues at the now notorious Baltimore plant run by Emergent BioSolutions. The most recent quality debacle was more widely reported in places such as India.

While Emergent BioSolutions has been plagued with production errors, they still benefit from ongoing federal government grants—meaning ultimately taxpayer-funded research.

Why aren’t the feds more concerned? TrialSite reported just a few months ago that the National Institutes of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH) granted Emergent BioSolutions funds for yet another vaccine development effort. This time the funds went to Emergent BioSolutions to conduct a Phase 1 study evaluating an early-stage vaccine for Eastern Equine Encephalitis virus (EEV), Western Equine Encephalitis virus (WEEV) and Venezuelan Equine Encephalitis virus (VEEV).

Perhaps the quality issues plaguing the Emergent BioSolutions Baltimore production facility won’t be an issue for the development of investigational products for this novel vaccine?

Brazen Elitists Don’t Care That You Notice Their Hypocrisy


The Clay Travis & Buck Sexton Show Published originally on Rumble on August 11, 2022

Clay Travis and Buck Sexton know that the Biden family has no shame. Hunter Biden, a man who is in a class of his own when it comes to felonies, flew all the way across the country to be able to ride in Air Force One with Joe Biden, and take advantage of the great photo op, of course.