EU Central Bank Raises Interest Rate 75 Points in Further Effort to Withstand Storm of Energy Driven Inflation


Posted originally on the conservative tree house on September 8, 2022 | Sundance 

Energy inflation continues to pummel all western nations as they chase the climate change agenda. Today, the European Central Bank has raised interest rates to support the goal of lowered economic activity.   Lowering economic activity lowers energy use.

Absent of any desire to raise energy supply and/or energy production, monetary policy can support the goal of lowering energy use by driving down all economic activity.

In the big transition picture, the economies within the western alliance must be reduced until they match the energy output of windmills and solar farms.

FRANKFURT—The European Central Bank raised interest rates by the largest amount since the early days of Europe’s currency union, moving aggressively to combat record inflation even as an energy crisis puts Europe on the brink of recession.

The bank said in a statement that it would increase its key rate to 0.75% from zero—its second hike this year following a 50-basis-point rise in July—and signaled that further rises were likely over the coming months.

At a news conference, ECB President Christine Lagarde warned that inflation was spreading beyond energy to a range of products. She said the ECB was ready to increase rates aggressively over the next several meetings.

“We want all economic actors to understand that the ECB is serious” about combating high inflation, Ms. Lagarde said. (read more)

A few months ago, amid all of the headline warnings about inflation and prices of essential products, CTH noted that if we were to continue waiting about six months, we would see a massive backlog of unsold goods and as a consequence the prices of non-essential durable goods would begin a rapid decline.  That exact scenario is unfolding. Keep watching.

Keep in mind, this is not necessarily a collapse of total global economic activity; what we are seeing is a collapse of western nation economic activity that is impacting the rest of the world.  A great economic fracturing is taking place as the western nations intentionally shrink their economy.  The supplier nations are feeling the consequences.

All of this economic turmoil is running on an identical track -on a global basis- because the entire western plan was coordinated and followed.  What we are seeing right now is the outcome of the “Build Back Better” roadmap.  The “global inflation” is the outcome.

Joe Biden is blocking domestic energy production as he follows through with the agenda of the Green New Deal.  In Europe, not coincidentally demanded by Biden, a similar outcome comes from the sanctions and blocking of Russian energy resources.

One could make a reasonable argument that the team behind Joe Biden specifically wanted the EU sanctions against Russia, because the U.S. crew wanted to keep both industrial economies mirroring each other as the U.S. energy system was dismantled.  It would make sense to avoid a spotlight on the U.S. economic collapse, by forcibly pushing the EU economy into the same situation.

Taking that line of geopolitical and economic consequence one step further, and that would be part of the strategy -albeit undiscussed- behind having a consistent global cap on the price that any nation could pay for Russian oil.  That approach is not about punishing Russia, it is to make all of the economic pain and problems equal amid all western nations.  Globalists, and the central bankers, are good at creating economic systems to deliver equitable misery.

Trump’s Special Master


Armstrong Economics Blog/Rule of Law Re-Posted Sep 5, 2022 by Martin Armstrong

A federal judge on Monday agreed to appoint a special master to review records seized by the FBI during its search of former President Donald Trump’s Florida estate, a move that is likely to delay the Justice Department’s criminal investigation. U.S. District Judge Aileen Cannon in West Palm Beach, Florida, granted Trump’s request for a special master. This was an important ruling because it interjects an independent third party who is ABSOLUTELY needed in this case. She states that the review materials could be covered by the attorney-client privilege. (her ruling).

However, some are posting that the Democrats lost and this means they will not be able to indict Trump. That is true from the standpoint of federally prior to the election. However, I do not believe was ever the risk. To indict, they would have to submit evidence to a Grand Jury. I don’t think that was likely before the election without fake charges. The RISK of an indictment for political purposes will be for taxes in New York and election issues in Georgia. Both are launched by Democrats.

The SPECIAL MASTER is so necessary because the problem with such a raid is that the FBI gets to make the pretend inventory. They could claim they found child pornography on his computers. This is the problem for the FBI “raid” was political. In my own case, they did the same. They NEVER provided ANY inventory of what they took from the office. In my case, they then conveniently claimed everything was destroyed in the World Trade Center. They took all the tapes from my office where in the industry the line is recorded so nobody can say you said buy when you said sell.

What was on those tapes was enough to send many in New York to prison for 20 years+ admitting to even bribing Russian officials to recall Platinum for a trade. Hence, the REAL significance of a Special Master is he will now review what the FBI actually took and there will have to be a real live inventory. That was a MAJOR victory. It will also open the door to exposing the validity of the entire search. When Judge McKenna was trying to protect me and order the government to explain what I was even being charged with, the government had him removed from my case so they did not have to answer and put in a pro-government judge who would do as they told him. They sealed the record so I have no idea what even the arguments were to remove the judge.

Trust me. In a high-profile case, the judge does as they are told. For Trump to with this motion for a Special Master, in a normal case, that is one in a million. This has led to such a risk of major civil discord, I believe the Judge had no choice. She was ALSO not the magistrate, assistant to a judge basically, who granted the search. A magistrate could not hold a trial. They are the lower level people who grant bank of will rubber-stamp a search warrant as took place here.

Additionally, if she denied the Special Master, Trump would have appealed and p[probably could have been at the Supreme Court before the election. Even MORE significant, this was granted on a HOLIDAY – meaning this was the emergency judge delivering this opinion.

Federal Judge Notes in Special Master Order a Quoted DOJ Citation That Joe Biden Ordered FBI Access to Mar-a-Lago Documents


Posted originally on the conservative tree house on September 5, 2022 | sundance 

Page #2 and Page #3 of Judge Aileen Cannon’s ruling cites a quote from the DOJ own legal filing, dated May 10th, that Joe Biden ordered the National Archives and Records Administration to provide access to the FBI to review the Trump records.  Note the quotation marks:

On May 10, 2022, NARA informed Plaintiff that it would proceed with “provid[ing] the FBI access to the records in question, as requested by the incumbent President, beginning as early as Thursday, May 12, 2022.”  [citation]

August 24, 2022, Joe Biden was questioned about how much notice he had regarding the FBI raid on President Trump’s home at Mar-a-Lago in Florida.

Question: “Mr. President, how much advanced notice did you have of the FBI’s plan to search Mar-a-Lago?

BIDEN: “I didn’t have any advanced notice. None, zero, not one single bit.”

{Direct Rumble Link} – WATCH:

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Federal Judge Orders Appointment of Special Master to Oversee Documents from FBI Mar-a-Lago Raid


Posted originally on the conservative tree house on September 5, 2022 | sundance 

U.S. District Judge from the Southern District of Florida, Aileen M. Cannon, has ordered a special master to “review the seized property, manage assertions of privilege and make recommendations thereon, and evaluate claims for return of property,” related to the FBI raid on Donald Trump’s Mar-a-Lago estate. [pdf Ruling Here]

There are interesting aspects outlined within the 24-page ruling that deconstruct the position of the Dept of Justice and media, including a footnote [fn5] stating Trump lawyers asked for a special master appointment on the morning after the raid.

Within the ruling [pg 9] Judge Cannon outlines the issues at the heart of the legal matter, including the government taking President Trump’s personal medical records which has nothing to do with the nature of the warrant.

According to the Privilege Review Team’s Report, the seized materials include medical documents, correspondence related to taxes, and accounting information. … The Government also has acknowledged that it seized some “[p]ersonal effects without evidentiary value” and, by its own estimation, upwards of 500 pages of material potentially subject to attorney-client privilege.”

The DOJ was previously questioned in court about justice dept leaks to media creating an unfair and prejudicial bias against President Trump. The DOJ lawyers denied leaking yet admitted the media reports were evidence that someone within the organization was leaking information to the media, thereby creating a framework of public opinion the defendant cannot easily refute. Cannon writes:

“the Court takes into account the undeniably unprecedented nature of the search of a former President’s residence; Plaintiff’s inability to examine the seized materials in formulating his arguments to date; Plaintiff’s stated reliance on the customary cooperation between former and incumbent administrations regarding the ownership and exchange of documents; the power imbalance between the parties; the importance of maintaining institutional trust; and the interest in ensuring the integrity of an orderly process amidst swirling allegations of bias and media leaks.”

Judge Cannon also cited examples of the DOJ review team failing in their duty to separate attorney-client privilege material.

In appointing the special master, Judge Cannon pauses the government from continuing to exploit the documents seized, writing, “Furthermore, in natural conjunction with that appointment, and consistent with the value and sequence of special master procedures, the Court also temporarily enjoins the Government from reviewing and using the seized materials for investigative purposes pending completion of the special master’s review or further Court order.”  The order, though, “shall not impede the classification review and/or intelligence assessment by the Office of the Director of National Intelligence (“ODNI”) as described in the Government’s Notice of Receipt of Preliminary Order.”

[LINK to Pdf of Ruling]

Court Ruling – Trump Special Master 1 ]

The Mar-a-Lago Event, Part Three


The attached paper is a continuing and reasonable analysis of the events from August 30, 2022 to September 2, 2022 which is an event that will change the Republic forever. In this mad rush to save the planet from total destruction from green house gas emissions from carbon base fuels the worlds politicians are dismantling Western Civilization. Former President Trump is a major obstacle to Klaus Schwab, and his fellow radicals in the World Economic Form (WEF) e.g. George Soros, Bill Gates and Anthony Fauci have decided to take him out any way they can since he is the only one that can stop them.

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I Am a MAGA Republican, and Donald Trump is My Weapon


Posted originally on the conservative tree house on September 5, 2022 | sundance

At a national level there is a unique policy priority that almost every politician, on both sides, will avoid discussing.  At a national level a single policy priority determines all other national policy issues.  That policy is the national economic policy.

The national economic policy of a presidential candidate determines all other national policies that flow from the presidential candidate.  The national economic policy impacts the obvious policies like energy and trade, and also determines the lesser obvious policies like regulation and even foreign policy.

It is specifically because a candidate’s national economic outlook impacts all other issues, that most national politicians never talk about it.

It would be impossible to support Main Street USA, a popular talking point, and still support the Paris climate treaty, the transpacific trade partnership (TPP) or the transatlantic trade and investment partnership (TTIP).

To avoid the contradictions most democrat and republican politicians avoid discussing their national economic policy; it is an unspoken rule within the billionaire club and donor game; an economic code of omerta amid most political candidates.

President Trump broke the rule, and even went so far as to campaign on an America-First economic policy agenda.  That core outlook forms the Make America Great Again foundation.  MAGA is based on a national economic policy outlook that determines every other national policy as carried by President Trump.

While most Americans may not be able to articulate how the national economic policy impacts them, almost every American feels the consequences through gasoline prices, energy prices, employment, wage rates and the expenses within their everyday lives.  To try and hide this reality, often media and economic analysts will say the U.S. President has no control over gasoline prices; however, this is unequivocally false.

Yes, it is true that oil prices are determined by the global market for the product, the supply and the demand.  However, the energy policy of the president determines the domestic investment in natural resource development and extraction by oil companies.  The regulatory policy determines the expansion, or lack therein, of oil and gasoline refinery capacity.  So yes, it is ultimately the U.S President who determines gasoline prices indirectly through energy and regulatory policy.

If this were not the case, then gasoline would cost nearly the same in almost every nation. It doesn’t.  Right now, gasoline in Mexico is almost $1 less than gasoline in the United States, specifically because Mexican President Andres Manuel Lopez-Obrador is not trying to reduce oil resource investment, development and/or gasoline refinery capacity.

President Trump was the first presidential candidate who campaigned on a domestic national economic policy.  He even went one step further and stated the T-word, tariffs.  Yes, the commerce department holds tools to support a national economic policy.  This tool is another aspect to national economics that most politicians avoid discussing because the toolbox is counter to the interests of Wall Street, multinational corporations and hedge fund managers.

For a reference point you might remember the apoplectic fits from financial and economic punditry to President Trump’s 2017 and 2018 steel and aluminum tariffs.

Economic security is determined by national economic policy.  National security is also an outcome of national economic policy.  Again, President Trump was also the first modern president to put that outlook to work when he said, “economic security is national security,” and then began constructing foreign policy agenda using the cornerstone of national economic policy.  The result was quite remarkable and led to what eventually became the Trump Doctrine.

It was inherently the US national economic policy that underpinned President Trump challenging NATO to meet their financial obligations.  It was national economic policy that drove trade policy and created the north American USMCA trade agreement.  It was national economic policy that led to countervailing duties on Chinese and European imports.  Which had the remarkable effect of actually lowering prices inside the United States.

We began importing deflation through lower priced goods as the value of the dollar increased and China/EU central banks devalued their currency to avoid the impact of tariffs.  Asia and the EU also subsidized their export manufacturing with incentives in order to lower costs as an offset to the tariffs, while simultaneously Asian and Eurpoean companies began investing in production facilities inside the U.S. as a long-term approach to keeping access to the U.S. market. To put it succinctly, this was MAGAnomics at work.

U.S. wages increased, U.S. job growth increased, U.S. energy prices dropped with increased energy development and a massive cut in regulations, and that in turn lowered the cost of domestic goods.  Suddenly we were importing goods at lower prices and generating goods internally at lower prices.  More MAGAnomic outcomes, which, not coincidentally, was the exact opposite of all Wall Street claims and predictions.

Making America Great Again, was an outcome of national economic policy.  At its core, MAGA is a national economic dynamic within a political movement that is represented by President Donald J Trump.

It is critical to understand, the MAGA economic policy is essentially a national policy completely, and uniquely, under the control of the office of the President.  The impact to the lives of Americans is a direct outcome from national economic policy.  If a president wants and independently wealthy country, he/she applies a very specific outlook to all other policy areas including energy, regulation and foreign policy.

It is also true that opposition to President Donald Trump is uniquely connected to the America-First economic agenda.  Multimillion-dollar lobbyist firms like the U.S. Chamber of Commerce and the Business Roundtable, along with dozens of economically established SuperPAC’s funded by Wall Street and multinational corporations, are vehemently opposed to the America-First economic agenda.

All of the national politicians and political candidates taking money from these aforementioned groups necessarily bind themselves to a position that stands against the America-First economic agenda.  In essence, take money from the multinationals and you cannot deliver on MAGA economic issues around banking, trade, finance etc.  And that’s exactly where we run into the problem.

Because MAGA national economic priorities conflict with the multinational corporations, hedge funds and Wall Street donor class, all of the politicians who accept the influence checks from these self-interested groups cannot run on, or deliver on, a MAGA national economic agenda.

At a local, county and state level you have direct impact on the political policy agenda in your community.  Who you elect to the city council. school board, state house and senate as well as governor’s office has an impact on those local and state priorities.  However, national economic policy, national energy and trade policy and national foreign policy are not under your control.

As a result, the same skillset, or policy outlook, that makes a governor a successful state politician doesn’t carry into a federal office, [see the example of Wisconsin Governor Scott Walker].  Yes, there are some executive and administration skills that carry over; however, on the bigger issue of steering the national policy agenda, almost every candidate for office comes with the baggage of having accepted donor contributions from a class of people who are paying for economic policy influence.

MAGA cannot be purchased.  It is a political outlook that seeks only to enhance the best interests of the American people, regardless of consequence for the multinationals or foreign beneficiaries of globalist U.S. economic policy.  Unfortunately, as a result, all of the beneficiaries are aligned to make sure the MAGA economic policy outlook is extinguished.  There are literally trillions at stake.  This reality underpins the opposition to Donald Trump.

When you understand why the national economic outlook of the President is so important, you can also understand why every political candidate is told not to discuss it by the handlers and campaign managers who are essentially selling their candidate to a millionaire and billionaire donor class who do not want an America-First economic policy agenda.

There is no easy solution for this problem, and ironically this core economic issue is where you find supporters of both Bernie Sanders and Donald Trump in alignment.

Where the Sanders and Trump camps split is on the solution.  Team Sanders wants the government to play the role of economic referee (regulation), while Team Trump wants the government to change the rules of the economic game (tariffs etc).

Before Donald Trump entered politics there was no home for people voting on the issue of a national economic agenda. Both Democrat and Republican candidates had essentially the same worldview on national economic policy because they are all getting money from the same multinational corporate trough.  However, President Trump changed that dynamic by presenting an alternative national economic policy called America-First.

MAGAnomics is the core of the great MAGA republican coalition, a working-class coalition that cuts through all other distinctions and divisions. This reality creates a problem for the DC professional political class and the corporate media.

Because MAGAnomics is the fundamentally binding principle there is no way to fracture the Trump supporter coalition.

I am a “MAGA republican” by default of my wanting a national economic agenda that looks out for the economic interests of American’s first.

Donald Trump is the irreplaceable Great MAGA King because Donald Trump is the only one who holds that same outlook.

President Trump Thanks the Patriotic MAGA Republicans of Pennsylvania, Incredible Images and Videos


Posted originally on the conservative tree house on September 4, 2022 | sundance

Writing a brief set of posts on Truth Social, President Donald Trump thanks the people of Pennsylvania who united last evening, boldly and proudly to share the spirit of what Makes America Great.

It’s impossible to explain how great the people last night were in Wilkes-Barre, Pennsylvania. The level of love they have for our Country is both unbelievable and highly impressive—it is more than anyone would ever know. If the Radical Left Lunatics that work so hard to destroy our Country could just get a little bit of the love, energy, enthusiasm, spirit, and patriotism that we witnessed last night, our Country would go to the top of every list like a rocket ship.”

“Thank you to everyone who attended the Rally last night. It was a two-hour speech, and the only disappointment was that they were screaming, “Please, please, go longer.” They love our Country, and I love them!”  ~ Donald J Trump

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Never has one person withstood more attacks, more political slings and arrows, on behalf of the American people.  No republican politician in our lifetime has assembled such a diverse coalition of middle-America while maintaining such determination to deliver for them.  This is MAGA, and Donald John Trump is the leader.

Steadfast.

More below

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Subtle, But Valuable – Senator Rick Scott Pushes Back Against Arrogance of Senate DeceptiCons


Posted originally on the conservative tree house on September 1, 2022 | Sundance

Former Governor of Florida Rick Scott, the current head of the National Republican Senatorial Committee, has taken some hits in the past for his go-along-get-along persona.  However, in an op-ed today the Florida Senator pushes back against the DeceptiCon influence.

It is refreshing to see a republican politician taking the arrogance of the McConnell crew to task.  It is even more refreshing to see Senator Scott use the atomic sledgehammer of truth:

[…] …”when you complain and lament that we have “bad candidates,” what you are really saying is that you have contempt for the voters who chose them. Now we are at the heart of the matter.  Much of Washington’s chattering class disrespects and secretly (or not so secretly) loathes Republican voters.”

[read op-ed Here]

Perhaps, Senator Scott recognizes the intention of the McConnell clan, an intention that runs counter to the responsibility of his job as chairman of the NRSC.   It is a matter of factual accuracy that McConnell and his DeceptiCon wing do indeed have contempt for the voters within the republican party.  This larger truth has been very visible for many years.

It’s good to see someone from inside the upper chamber start to call them out.   Unfortunately, if history serves a roadmap for the reaction from the DeceptiCons, Scott will likely be cast into the same furnace of hate previously occupied by Senator Jim DeMint.

In the interim, he has my full support.  Thank you, Senator Scott…. More please.

Biden: “Let me say this to my MAGA Republican friends in Congress: Don’t tell me you support law enforcement if you won’t condemn what happened on the 6th.”


The Post Millennial Clips  Published originally on Rumble on August 30, 2022

Biden: “Let me say this to my MAGA Republican friends in Congress: Don’t tell me you support law enforcement if you won’t condemn what happened on the 6th.”

UK Energy Bills Expected to Rise 80% in October


Armstrong Economics Blog/BRITAIN Re-Posted Sep 1, 2022 by Martin Armstrong

The entire West will face higher energy prices due to climate initiatives and Russian sanctions. The British energy regulator Ofgem released a troubling report citing that the average household will pay $4,200 on energy over the next year, compared to the current $2,330 annual average.

The UK raised its energy price cap in April by 54% and is expected to raise it once more this October by 80%. “This will be devastating for many families,” Jonathan Brearley, chief executive of Ofgem, told the BBC. “The difficult news I have to give today is that prices look like they are continuing to rise.” This is a drastic understatement.

An Ipsos poll found that one in 10 people already find it “very difficult” to afford energy costs over the past three months, and two in 10 found it “fairly difficult.” Over a third have installed a smart meter, and two in five have tried price comparison websites to no avail. People are already unable to afford energy costs, and 29% admitted to dipping into savings to do so, while another 15% said they missed payments entirely.

The term “fuel poverty” is now commonplace and is used for households that spend over 10% of their net income on energy bills. The University of York forecast that two-thirds of households in the UK will face fuel poverty by the beginning of next year. Families with children are the most vulnerable. This is a direct result of lawmakers pushing the climate change agenda with ZERO alternative solutions in addition to blindly supporting Ukraine at the expense of their own people.