S&P CoreLogic Case-Shiller Index Marks New High


Armstrong Economics Blog/Real Estate Re-Posted Apr 18, 2022 by Martin Armstrong

Home prices were up 19.2% in January according to the S&P CoreLogic Case-Shiller index. It is extremely difficult for Millennials and Gen Z to enter the housing market, as homes today cost 75% more than they did in 1987 – and that’s just when the index first began tracking prices. The agency addressed the problem the youth are facing:

“While the re-acceleration of home price gains may be concerning and likely discouraging for first-time and younger buyers, it is nevertheless unsurprising considering the dire inventory of for-sale homes, which continues to decline and continually record new lows. Additionally, with mortgage rates jumping to three-year highs, existing homeowners now have little incentive to sell and buy a new, more expensive home with a higher mortgage rate. As a result, homebuyers that remain in the market are once again faced with a very competitive buying environment.”

The pandemic, coupled with extremely low rates, spurred this buying frenzy. Cumulatively, home prices across the US rocketed 31% since March 2020. Although rates are rising and mortgages hit nearly 5% last week, there is no indication of demand declining significantly. The age of remote work has allowed people earning New York-level salaries to relocate to areas with lower tax rates and less crime. It has become a new form of gentrification in the age of corona.

Home prices are soaring everywhere as the supply cannot meet the demand. Some areas have far surpassed 19.2% increases. The 10-city composite is 33% higher than during the peak in 2006, and the 20-city composite rose an astounding 40%. America is looking at a housing crisis if inflation does not wane and risks a generation becoming reliant on rentals and more likely to delay having families.

Environmental Terrorism


Armstrong Economics Blog/Climate Re-Posted Apr 18, 2022 by Martin Armstrong

Woke domestic terrorist groups are permitted to freely operate on Twitter and other social media platforms, even when they call for violence. Adbusters, a self-proclaimed “global network of activists writers artists designers hackers tricksters poets philosophers and punks,” has requested that “activists” begin targeting SUV owners under the Tyre Extinguishers “movement.” These idiots are calling it a “deflating movement” and have justified their actions by saying they are “defending ourselves against climate change, air pollution and unsafe drivers.”

Luckily the group is planning on leaving clear evidence of their crimes at the scene. These terrorists are urging people to begin by targeting wealthy neighborhoods first before disrupting the working class. Their website suggests not targeting vehicles with disabled handicapped stickers.

FOX Business reached out to Twitter to ask why these blatant calls for vandalism and crime are permitted. At the time of this writing, the organization’s page is still online and it hosts over 65.1K followers. They have provided copies of their leaflet in various languages and are hoping this “deflating movement” takes off worldwide.

Their website provides a video on how to delate tires and operate effectively as criminals. They are requesting that people repeat the crime endlessly. Hybrid SUVs are “fair game” too. The majority of people I see driving SUVs have children. These domestic terrorists are going to end up killing innocent people because they’re scared of the big bad car. Law enforcement should begin cracking down on this pathetic movement immediately before we see a string of preventable crashes on the news. At this point, crime is permitted so long as it is within the realm of the leftist agenda

The Hidden Truth Behind War With Russia


Armstrong Economics Blog/Politics Re-Posted Apr 18, 2022 by Martin Armstrong

The plot behind Ukraine is far deeper than anyone is willing to talk about publically. Yanukovich was corrupt and his sons were acting like a protection racket. Yanukovich was keen on joining the EU but the treaty had a clause in there that would have put Ukraine in NATO through the backdoor. Ukraine would have to comply will all the rules and regulations of NATO without formally being admitted. Worse still, Ukraine was to trade exclusively with the EU when Russia was its main trading partner and its fuel came from Russia. This was the first attempt by the West to bring Ukraine into NATO.

That is why Yanukovich backed out and that is what began the whole uprising. To appease the protestors, Yanukovich agreed to early elections in nine months. This is where the US Neocons were hard at work to actually see the uprising as an opportunity and they wanted to install their own people. That was all in the leaked phone call of Victoria Nuland.

Zelensky was elected with overwhelming support to create peace which was exactly OPPOSITE of the objectives of the American Neocons. The Ukrainian Nationalists (Nazis) threatened to kill Zelensky if he pushed for peace with Russia. Zelensky did a political flip-flop and yielded to the Nazi movement. Reliable sources insisted that the Nazis threatened to kill Zelensky to prevent any peace with Russia.

Don’t forget McCain and Lesley Graham even addressed the Ukrainian Nazis promising them to support back in December 2016 after Trump was elected, but before he was sworn in. The Neocons were hard at work to ensure that there would be no peace with Russia.

The entire Russiagate has been discredited but we must understand the reality of international relations. Hillary, who is a Neocon and was friends with John McCain to the point he is the one who handed the fraudulent Steel Dossier to James Comey at the FBI, was instrumental in the failed takeover of Russia by the bankers blackmailing Yeltsin and interfering in the 2000 election which brought Putin to power. Hillary clearly concocted the whole theory that Trump was a puppet of Putin. The Neocons even spun the story that Putin was ex-KGB and that meant he wanted to resurrect the old Soviet Union which was also a lie.

With the seriousness of these actions, we are now heading into war over fake news. Obama had refused to provide military aid to Ukraine and the entire Russiagate was to box in Trump who was then advised to provide military weapons to Ukraine to prove he was not a puppet of Putin. It was the Neocons who were trying to push Trump into an eye-to-eye confrontation.

What Kennedy did to the Neocons was reject their advice and in the Cuban Missle Crisis, this resulted in a monumental shift in US-Russian relations. It forced both parties to realize that they needed each other and that confrontation was not the answer. The Neocons disagreed. This probably cost Kennedy his life. I believe the Neocons had him killed and Oswald was hinted that he was somehow connected to Russia. The CIA refused to release the files and the only reason is to hide the fact that the Neocons took out Kennedy.

Before he died, Robert McNamara (1916 – 2009) was a leading Neocon that pushed the country into the Vietnam war.  He was famous for saying: “I learned early on never answer the question that is asked of you. Answer the question that you wish had been asked of you. And quite frankly, I follow that rule. It’s a very good rule.” McNamara finally admitted that they were wrong particularly in their assessment of Russia as a threat. The perception that Russia is a threat is still dominating the agenda today and there is absolutely no attempt to create world peace.

By creating Russiagate, the main objective was to prevent Trump from working any peace deal with Russia. That was the same objective of McCain and Graham running to Ukraine now that Trump was elected to promise aid to the Ukrainian Nazis to keep up their war against Russians. Can you imagine if the Cuban Missile Crisis took place during the Trump Administration, the Neocons would have been in their glory warning Trump any peace deal would confirm he was just a puppet of Putin. That would have e guaranteed war – not peace. This was the strategic move – a checkmate against Trump seeking peace as did Kennedy.

Reliable sources also claim that the transcript of the phone call between Trump and Zelensky that was used for impeachment was not the full conversation. Trump had assumed that Zelensky was serious about peace and would have supported that decision. But this would have been seen as making Trump the puppet of Putin. This scenario was vital to prevent peace and eventually put the pieces in place for the war that now clouds the horizon.

The DEMONIZING of Trump began to PREVENT world peace and to strip Trump of any ability to reach a peace deal with Russia. Putin did NOT want to reestablish the old Soviet Union, but instead, he saw the rise of China economically and sought to bring Russia into an economic player on the global scale. He wanted to be remembered for being the leader who brought Russia to its economic greatness – not the reestablishment of the USSR which was the dream of Stalin, not Lenin nor Putin.

The image of Trump and Putin had to be manipulated to direct the world into the new political agenda leaving these two leaders who wanted to make their respective nations great again. So far, they have accomplished their goals with strategic cunning and manipulation. To this day, there remain people who are just obsessed with their hatred of Trump. They refuse to come up for air remaining below the surface in the darkness of the depths. To see the plot, they first have to realize that Trump is no longer president and the Neocons will do everything in their power to prevent him from ever running again. That’s what the January 6th hearings are all designed to do – charge him with INSURRECTION to prevent him constitutionally from ever running again. But with that failing, they would more likely than not assassinate him. These people are playing for keeps and they see their goal – the destruction of Russia and China – within their reach.

Col Douglas Macgregor Discusses Current Status of Conflict in Ukraine


Posted originally on the conservative tree house on April 17, 2022 | sundance

While no media have a good track record of outlining the conflict in Ukraine, retired Col. Douglas Macgregor has the most consistent perspective that reconciles what little factual information is visible with the reality on the ground.

In this recent interview, Macgregor notes the Russian operation is currently focused on securing the eastern Donbas region of Ukraine, where fighting has been taking place since 2014.  During an earlier interview on CNN, Ukrainian President Zelenskyy noted the largest and most experienced elements of the Ukrainian army are located in this region.  According to Zelenskyy, approximately 44,000 Ukrainian troops are there; oddly, Zelenskyy seemed to concede that he has no control over what’s happening there.

During this segment, Macgregor notes the current Russian objective is to encircle those eastern Ukraine forces, cut them off from western supply lines, and then slowly and methodically eliminate them – while separating them from Russian speaking citizens in the region.  Macgregor notes a particular concern once those Ukraine forces are eliminated.  WATCH: 

What Col. Macgregor states toward the end rings very true to the practical events being discussed.

The most dangerous time will be when the Russians are close to achieving their objective in Eastern Ukraine, and the western media will be faced with having to reconcile the difference between the propaganda they have been selling to western citizens and the actual truth on the ground.  That’s when the western alliance is likely to do something drastic.

Hours After Arrest South Carolina Mall Shooter Released on Bail, allowed to Go Home and Work


Posted originally on the conservative tree house on April 17, 2022 | sundance 

Earlier today, 22-year-old Jewayne Price was arrested in connection with yesterday’s mass shooting at a busy mall in Columbia, South Carolina. Jewayne Price is accused of shooting nine people leaving 14 people at the mall injured. The victims are ages 15 to 73.

Price was arrested after he was originally questioned as one of three gang related suspects identified as persons of interest in Saturday’s shooting at Columbiana Centre, a busy shopping mall in the state’s capital. A few hours after his arrest, Jewayne Price was released on 25,000 bail.

SOUTH CAROLINA – The suspect in a South Carolina mall shooting in which nine people were wounded has been released under house arrest and ordered to wear an ankle monitor after a judge set a $25,000 surety bond.

The suspect, Jewayne Price, is also barred from contacting any of the victims, Columbia police said on Twitter. Price will be allowed to travel from his home to work while he is under house arrest.  Neither Price nor his attorney could immediately be reached for comment. (read more)

Sunday Talks, CBS Outlines Causes of Massive Inflation, Identifies Everything Except Biden Policy


Posted originally on the conservative tree house on April 17, 2022 | sundance 

This Sunday segment from CBS’s Margaret Brennan allows us to watch narrative engineering in real time.  During a segment outlining the reasons behind the major economic issues American’s are feeling, CBS notes everything except the reason the economy is struggling.  It really is quite a remarkable example of professional gaslighting.

Watch the segment, note the inflation crisis has been underway for more than 18 months, and notice how many justifications are made-up illusions. (1) A Texas-Mexico cargo checkpoint issue that started less than a week ago; (2) Trucker shortages; (3) Ukraine-Russia which started only 6 weeks ago; and (4) Pandemic lockdowns, now causing an excess in demand.  None of these issues are even close to the source of the issue.

The two major drivers of inflation are both Biden policy issues.  (1) Extreme federal government spending and the Fed purchasing debt. (2) The shutting down of U.S. energy development (pipelines closed or blocked, oil leases cancelled, permits pulled and refinery permits cancelled).  All of this is Joe Biden policy.

On the restaurant pricing side, and likely restaurants soon to close, I would note the CTH outline from a few days ago:

You will note from Table-1 [available here] that food away from home, restaurant food, is not climbing as high as food at the grocery store (0.3% -vs- 1.5%).   Restaurants are trying to keep prices down and their profit margins are being eroded.  They are in a tough place, because if restaurants raise prices, they may lose customers who are already feeling pain in their checkbooks.  However, they cannot hold out much longer before raising prices, because the price increases are permanent. (read more)

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Jack’s Magic Coffee Shop


Posted originally on the conservative tree house on April 17, 2022 | sundance

The metaphorical Jack had a great idea, open a coffee shop where the beverages were free and use internal advertising as the income subsidy to operate the business.  Crowds came for the free coffee, comfy couches, fellowship, conversation and enjoyment.

It didn’t matter where Jack got the coffee, how he paid for it, or didn’t, or what product advertising the customers would be exposed to while there.  Few people thought about such things.  Curiously, it didn’t matter what size the crowd was; in the backroom of Jack’s Coffee Shop they were able to generate massive amounts of never-ending free coffee at extreme scales.

Over time, using the justification of parking lot capacity and township regulations, not everyone would be able to park and enter.  Guards were placed at the entrance to pre-screen customers. A debate began.

Alternative coffee shops opened around town.  It was entirely possible to duplicate Jacks Coffee Shop, yet no one could duplicate the business model for the free coffee.  Indeed, there was something very unique about Jack’s Coffee Shop.  Thus, some underlying suspicions were raised:

The only way Twitter, with 217 million users, could exist as a viable platform is if they had access to tech systems of incredible scale and performance, and those systems were essentially free or very cheap.  The only entity that could possibly provide that level of capacity and scale is the United States Government – combined with a bottomless bank account.  A public-private partnership.

If my hunch is correct, Elon Musk is poised to expose the well-kept secret that most social media platforms are operating on U.S. government tech infrastructure and indirect subsidy.  Let that sink in.

The U.S. technology system, the assembled massive system of connected databases and server networks, is the operating infrastructure that offsets the cost of Twitter to run their own servers and database.  The backbone of Twitter is the United States government.

FREE COFFEE:

♦ June 2013: […] “Cloud computing is one of the core components of the strategy to help the IC discover, access and share critical information in an era of seemingly infinite data.” … “A test scenario described by GAO in its June 2013 bid protest opinion suggests the CIA sought to compare how the solutions presented by IBM and Amazon Web Services (AWS) could crunch massive data sets, commonly referred to as big data.” … “Solutions had to provide a “hosting environment for applications which process vast amounts of information in parallel on large clusters (thousands of nodes) of commodity hardware” using a platform called MapReduce. Through MapReduce, clusters were provisioned for computation and segmentation. Test runs assumed clusters were large enough to process 100 terabytes of raw input data. AWS’ solution received superior marks from CIA procurement officials”… (MORE)

♦ November 2013: […] “Twitter closed its first day of trading on Nov. 7, 2013, at $44.90 a share. In the years since then, it briefly traded above $70, but more recently, it has struggled.”

Jack’s free coffee shop has been for sale, but there’s no viable business model in the private sector.  No one has wanted to purchase Twitter – it is simply unsustainable; the data processing costs exceed the capacity of the platform to generate revenue – until now….

And suddenly, the people who work in the backroom of Jack’s Magic Coffee Shop don’t want Jack to sell.

Twitter is not making a decision to decline the generous offer by Elon Musk because of stewardship or fiduciary responsibility to shareholders.  The financials of Twitter as a non-viable business model highlight the issue of money being irrelevant.  Twitter does not and cannot make money.  Growing Twitter only means growing an expense. Growing Twitter does not grow revenue enough to offset the increase in expense.

There is only one way for Twitter to exist as a viable entity, people are now starting to realize this.

What matters to the people behind Twitter, the people who are subsidizing the ability of Twitter to exist, is control over the global conversation.

Control of the conversation is priceless to the people who provide the backbone for Twitter.

Once people realize who is subsidizing Twitter, everything changes.

That’s the fight. (more)

♦ 2021, Public-Private Partnership – The modern Fourth Branch of Government is only possible because of a Public-Private partnership with the intelligence apparatus. You do not have to take my word for it, the partnership is so brazen they have made public admissions.

The biggest names in Big Tech announced in June their partnership with the Five Eyes intelligence network, ultimately controlled by the NSA, to: (1) monitor all activity in their platforms; (2) identify extremist content; (3) look for expressions of Domestic Violent Extremism (DVE); and then, (4) put the content details into a database where the Five Eyes intelligence agencies (U.K., U.S., Australia, Canada, New Zealand) can access it.

Facebook, Twitter, Google and Microsoft are all partnering with the intelligence apparatus. It might be difficult to fathom how openly they admit this, but they do. Look at this sentence in the press release (emphasis mine):

[…] “The Group will use lists from intelligence-sharing group Five Eyes adding URLs and PDFs from more groups, including the Proud Boys, the Three Percenters and neo-Nazis.”

Think about that sentence structure very carefully. They are “adding to” the preexisting list…. admitting the group (aka Big Tech) already have access to the the intelligence-sharing database… and also admitting there is a preexisting list created by the Five Eyes consortium.

Obviously, who and what is defined as “extremist content” will be determined by the Big Tech insiders themselves. This provides a gateway, another plausible deniability aspect, to cover the Intelligence Branch from any oversight.

When the Intelligence Branch within government wants to conduct surveillance and monitor American citizens, they run up against problems due to the Constitution of the United States. They get around those legal limitations by sub-contracting the intelligence gathering, the actual data-mining, and allowing outside parties (contractors) to have access to the central database.

The government cannot conduct electronic searches (4th amendment issue) without a warrant; however, private individuals can search and report back as long as they have access. What is being admitted is exactly that preexisting partnership. The difference is that Big Tech will flag the content from within their platforms, and now a secondary database filled with the extracted information will be provided openly for the Intelligence Branch to exploit.

The volume of metadata captured by the NSA has always been a problem because of the filters needed to make the targeting useful. There is a lot of noise in collecting all data that makes the parts you really want to identify more difficult to capture. This new admission puts a new massive filtration system in the metadata that circumvents any privacy protections for individuals.

Previously, the Intelligence Branch worked around the constitutional and unlawful search issue by using resources that were not in the United States. A domestic U.S. agency, working on behalf of the U.S. government, cannot listen on your calls without a warrant. However, if the U.S. agency sub-contracts to say a Canadian group, or foreign ally, the privacy invasion is no longer legally restricted by U.S. law.

What was announced in June 2021 is an alarming admission of a prior relationship along with open intent to define their domestic political opposition as extremists.

July 26, 2021, (Reuters) – A counterterrorism organization formed by some of the biggest U.S. tech companies including Facebook (FB.O) and Microsoft (MSFT.O) is significantly expanding the types of extremist content shared between firms in a key database, aiming to crack down on material from white supremacists and far-right militias, the group told Reuters.

Until now, the Global Internet Forum to Counter Terrorism’s (GIFCT) database has focused on videos and images from terrorist groups on a United Nations list and so has largely consisted of content from Islamist extremist organizations such as Islamic State, al Qaeda and the Taliban.

Over the next few months, the group will add attacker manifestos – often shared by sympathizers after white supremacist violence – and other publications and links flagged by U.N. initiative Tech Against Terrorism. It will use lists from intelligence-sharing group Five Eyes, adding URLs and PDFs from more groups, including the Proud Boys, the Three Percenters and neo-Nazis.

The firms, which include Twitter (TWTR.N) and Alphabet Inc’s (GOOGL.O) YouTube, share “hashes,” unique numerical representations of original pieces of content that have been removed from their services. Other platforms use these to identify the same content on their own sites in order to review or remove it. (read more)

The influence of the Intelligence Branch now reaches into our lives, our personal lives. In the decades before 9/11/01 the intelligence apparatus intersected with government, influenced government, and undoubtedly controlled many institutions with it. The legislative oversight function was weak and growing weaker, but it still existed and could have been used to keep the IC in check. However, after the events of 9/11/01, the short-sighted legislative reactions opened the door to allow the surveillance state to weaponize.

After the Patriot Act was triggered, not coincidentally only six weeks after 9/11, a slow and dangerous fuse was lit that ends with the intelligence apparatus being granted a massive amount of power. The problem with assembled power is always what happens when a Machiavellian network takes control over that power and begins the process to weaponize the tools for their own malicious benefit. That is exactly what the installation of Barack Obama was all about.

The Obama network took pre-assembled intelligence weapons we should never have allowed to be created, and turned those weapons into tools for his radical and fundamental change. The target was the essential fabric of our nation. Ultimately, this corrupt political process gave power to create the Fourth Branch of Government, the Intelligence Branch. From that perspective the fundamental change was successful.

It’s all Connected FolksSEE HERE

[…] “The vision was first outlined in the Intelligence Community Information Technology Enterprise plan championed by Director of National Intelligence James Clapper and IC Chief Information Officer Al Tarasiuk almost three years ago.” … “It is difficult to underestimate the cloud contract’s importance. In a recent public appearance, CIA Chief Information Officer Douglas Wolfe called it “one of the most important technology procurements in recent history,” with ramifications far outside the realm of technology.” (READ MORE)

Union Pacific Rail Line Begins Restricting U.S. Fertilizer Distribution


Posted originally on the conservative tree house on April 17, 2022 | sundance 

This is layers of odd.  As many readers are aware, the prices of fertilizer have skyrocketed as supplies have been heavily impacted by increased energy costs and supply chain issues.  Many people have worried if a shortage of fertilizer may impact farm yields this year.

Against this backdrop CF Industries, one of the world’s largest manufacturers of hydrogen and nitrogen fertilizer, is warning its customers that Union Pacific Railway Lines is now restricting the amount of container tonnage they will permit.  [Press Release Here]

CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, today informed customers it serves by Union Pacific rail lines that railroad-mandated shipping reductions would result in nitrogen fertilizer shipment delays during the spring application season and that it would be unable to accept new rail sales involving Union Pacific for the foreseeable future. The Company understands that it is one of only 30 companies to face these restrictions.

CF Industries ships to customers via Union Pacific rail lines primarily from its Donaldsonville Complex in Louisiana and its Port Neal Complex in Iowa. The rail lines serve key agricultural areas such as Iowa, Illinois, Kansas, Nebraska, Texas and California.

Products that will be affected include nitrogen fertilizers such as urea and urea ammonium nitrate (UAN) as well as diesel exhaust fluid (DEF), an emissions control product required for diesel trucks. CF Industries is the largest producer of urea, UAN and DEF in North America, and its Donaldsonville Complex is the largest single production facility for the products in North America.

“The timing of this action by Union Pacific could not come at a worse time for farmers,” said Tony Will, president and chief executive officer, CF Industries Holdings, Inc. “Not only will fertilizer be delayed by these shipping restrictions, but additional fertilizer needed to complete spring applications may be unable to reach farmers at all. By placing this arbitrary restriction on just a handful of shippers, Union Pacific is jeopardizing farmers’ harvests and increasing the cost of food for consumers.”

On Friday, April 8, 2022, Union Pacific informed CF Industries without advance notice that it was mandating certain shippers to reduce the volume of private cars on its railroad effective immediately. The Company was told to reduce its shipments by nearly 20%.

CF Industries believes it will still be able to fulfill delivery of product already contracted for rail shipment to Union Pacific destinations, albeit with likely delays. However, because Union Pacific has told the Company that noncompliance will result in the embargo of its facilities by the railroad, CF Industries may not have available shipping capacity to take new rail orders involving Union Pacific rail lines to meet late season demand for fertilizer.  (read more)

Things get increasingly curious when you look at who owns majority stakes in CF Industries (manufacturer), and who owns Union Pacific (distribution):

The top two shareholders of CF Industries are Vanguard and Blackrock:

(SOURCE)

The top two shareholders of Union Pacific are Vanguard and Blackrock:

(SOURCE)

Elon Musk Could Takeover Twitter


Armstrong Economics Blog/BigTech Re-Posted Apr 17, 2022 by Martin Armstrong

Media Admits It is Their “Job” To Control What People Think


Armstrong Economics Blog/Press Re-Posted Apr 17, 2022 by Martin Armstrong