The West is Crumbling & Putin Knows it


Armstrong Economics Blog/Russia Re-Posted Feb 14, 2022 by Martin Armstrong

QUESTION: It appears that Russia has shifted its focus claiming it may need to protect Russian citizens in Eastern Ukraine. You seem to have more insight than what I read elsewhere. Biden is now scrambling with Borris here in London on a way to appease Russia. Do you think this will succeed?

SL

ANSWER: This is the oldest excuse in the book which every government has used from the USA to Hilter’s invasions to protect Germans living in Czechoslovakia was a similar excuse. In the case of the Sudetenland, the Czechoslovak borderland, it was annexed in 1938 because the German local majority had the right to self-determination. Even in 1989, In December 1989, the United States invaded Panama Canal Zone to protect the Americans there. What Putin has declared is nothing new. Most major powers have acted on the very same grounds. However, by Putin saying this is precisely what I have been saying. He could just take the East and not bomb Kyiv. That would back that excuse to protect the Russians in East Ukraine.

Putin has already won. The West tried to call his bluff and rejected everything he asked for. The problem with this poker game is that Putin holds all the cards and he is a master chess player. Our model picked up this week as capital flows have been in a state of panic. But Putin has previously sold all US debt holdings and we did not witness a massive wholesale liquidation of US debt by China. Our model has not shown a sustained crisis and it appears that we do have a situation where the West is crumbling.

Reliable sources report that Putin could take Kyiv in less than one week if he wanted. He could be in Paris in a few weeks. But that does not appear in our models at this time. It does show that Putin is winning the war without firing a shot. Ukraine will not be allowed into NATO. Will the West agree to secretly pull back to 1997 levels? The West has no power and the leaders of the West are incapable of winning a game of checkers, no less chess.

Even in Canada, the Premier Doug Ford of Ontario has announced that the Truckers have won. He will lift all capacity restraints for indoor meetings and proof of COVID-19 vaccination requirements by March 1st. We are saddled with the most incompetent group of world leaders I believe in recorded modern history. This leaves Putin as the smartest by far. All he needs to do is wait and watch how the West is pandering because they cannot even mount any defense whatsoever.

Tucker Carlson Outlines the Recent Revelations of Clinton Allied Government Contractors Spying on Trump White House


Posted originally on the conservative tree house on February 14, 2022 | Sundance | 231 Comments

Fox News Host Tucker Carlson used his opening monologue to outline the recent court documents highlighting how government contractors aligned with the Hillary Clinton campaign were permitted to conduct electronic surveillance of Donald Trump as a candidate and a President.

The electronic data was extracted by Neustar, a federal contractor.  The head of the organization, Rodney Joffe, then used cyber tech resources from Georgia Tech to assemble the data and deliver a false report to the Clinton campaign of Trump-Russia connections.

Trudeau Authorizes Bank Accounts Frozen for Social Media Posts in Support of Freedom Protests – Canadian Civil Liberties Association Denounce Decision


Posted originally on the conservative tree house on February 14, 2022 | Sundance | 415 Comments

The triggering of an official invocation of the Canadian Emergency Measures Act to eliminate protests is stunning.  Using the Emergency Act to target individual citizens in Canada, and their bank accounts, is yet again another level of astonishing. RESOURCES:

♦ Emergency Act HERE ♦ Summary Justification of Act HERE

♦ Press Release HERE ♦ Finance Minister Statement HERE

The Canadian Civil Liberties Association has announced their opposition to the government declaration:

I am carefully reviewing the details of the authorization because according to the public statements by Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland, they have authorized banks, financial institutions and insurance carriers to suspend the accounts of Canadian citizens based on their social media postings.

Yes, you read that correctly.   Support of “blockades and/or occupations” are specifically noted.

Anyone in Canada (individual or business) who supports or “furthers” the Freedom Convoy or Freedom Protest on Facebook, Instagram, Twitter or any other social media platform, is a target to have their bank accounts frozen and insurance policies nullified.

But wait, it gets worse.

Not only are people subject to get their bank accounts frozen, but the decision also to freeze the accounts is entirely up to the reviewer, and the reviewer is protected by the government from civil liability for their decision.

Support” and “affiliated with” are loosely defined, and as a result a guy delivering pizzas to an Ottawa “occupation” truckdriver is also running the risk of seeing his bank account frozen simply for providing the food.  I can see why the Canadian Civil Liberties Assocation would take issue with this declaration.

A banking employee who does not like the politics of a customer as revealed by a review of their social media postings, and merely “suspects” the account holder of supporting or furthering the action, can -without any liability- block the bank accounts of any customer or account holder; and they do not need to provide an explanation.

Review this statement carefully (emphasis mine):

Freeland …”the government is issuing an order with immediate effect, under the Emergencies Act, authorizing Canadian financial institutions to temporarily cease providing financial services where the institution suspects that an account is being used to further the illegal blockades and occupations. This order covers both personal and corporate accounts.

Third: we are directing Canadian financial institutions to review their relationships with anyone involved in the illegal blockades and report to the RCMP or CSIS.

As of today, a bank or other financial service provider will be able to immediately freeze or suspend an account of an individual or business affiliated with these illegal blockades without a court order. In doing so, they will be protected against civil liability.

Federal government institutions will have a new broad authority to share relevant information with banks and other financial service providers to ensure that we can all work together to put a stop to the funding of these illegal blockades.

This is about following the money. This is about stopping the financing of these illegal blockades. We are today serving notice: if your truck is being used in these protests, your corporate accounts will be frozen. The insurance on your vehicle will be suspended. Send your semi-trailers home. The Canadian economy needs them to be doing legitimate work, not to be illegally making us all poorer.

We are announcing these measures after careful reflection. I spoke directly with the heads of Canadian banks and I would like to commend them for doing their part to uphold Canadian laws and Canadian democracy, and to protect our economy.” (more)

As you consider the term “illegal” in the paragraphs above, it is important to remember that the people who were hiding Anne Frank were breaking the law; and the people who killed Anne Frank were following the law.   As history tells us, laws in/of themselves are not always moral or correct.

Americans really need to pay attention to this example.  The Canadian government can force their citizens to take a medical procedure (Vaccination) in order to work, and if you protest that demand your bank accounts can be confiscated by the state.  How is communist China worse?

Today, the Canadian government became the tanks in this famous image:

Remarkable, Trudeau Government Use Emergency Act to Seize Bank Accounts of Protestors, You Cannot Protest Government and Maintain a Bank Account in Canada


Posted originally on the conservative tree house on February 14, 2022 | Sundance | 923 Comments

In a major exhibition of raw power of the federal police state, the Canadian government announced today they have instructed banks, insurance companies and financial institutions to seize the accounts of any individual, group or business who are associated with political protest.

Using the Emergency War Measures Act, Prime Minister Justin Trudeau has just declared war against his own people.  You cannot protest against government and still retain a bank account in Canada.  I suspect a great number of Canadians will quickly move their assets into foreign banks including in the United States.

The announcement came after a meeting of the cabinet according to Trudeau and the financial measures were outlined in detail by Finance Minister Chrystia Freeland.

Corporate, business and individual bank accounts will be frozen and locked, this extends to crowdfunding sites and even cryptocurrencies.  To support these measures the government has created federal protection from civil liability to all financial institutions, including insurance companies.

Banks will begin freezing and seizing the account assets of any person, group or organization they may arbitrarily suspect of being aligned with, active with, or supporting the freedom protest.  The government has specifically crafted the financial mechanisms so financial institution can use their discretion on who should be targeted.  There are no structured rules for the banks to follow.

Additionally, the insurance policies associated with any individual, trucker, group, business or corporation who is identified or suspected of participating in a protest against the Canadian government will be nullified at the discretion of the insurance carrier.  Again, civil liability protection provided against recourse from the targeted entity.

Crowdfunding groups will now be required to register with the Canadian government and the regulatory agency the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), the national financial intelligence agency within the Canadian government.  This way all funds raised by individuals or groups can be monitored, blocked and/or seized by the government if the beneficiary of the funding is defined as acting against the interests of the Trudeau administration, or protesting.

The seizures apply to any entity, including opposing political parties, who might dissent from the policy of the Trudeau government.  In essence, the Prime Minister’s office can freeze the bank accounts of his political opposition and, using the power within the Emergency Act, Trudeau provides himself immunity from any liability for that action.  Yes, this is all rather remarkable and never before fathomed in a “western democracy.”

“The illegal blockades have highlighted the fact that crowdfunding platforms, and some of the payment service providers they use, are not fully captured under the Proceeds of Crime and Terrorist Financing Act,” Finance Minister Chrystia Freeland said.  “We are making these changes because we know that these platforms are being used to support illegal blockades and illegal activity which is damaging the Canadian economy.”

Canadian financial institutions can now temporarily cease providing financial services if the institution suspects an account is being used to further the illegal blockades and occupations, said Freeland.  “This order covers both personal and corporate accounts,” she said.  WATCH (prompted):

Smart Move by Zelensky, Puts Date on U.S. Claim of Russian Invasion, State Dept Begins Embassy Evacuations in Ukraine


Posted originally on the conservative tree house on February 14, 2022 | Sundance | 236 Comments

Please remember the PR firm alignment when you are deciphering the horsepucky.  State Dept uses CNN, Intel Community use Washington Post, FBI use New York Times and Politico.  This is constant.  So, when you want to see the fraudulent narrative from the State Dept, check CNN.   It’s all a pantomime, a theatrical performance, played out on a geopolitical stage.

We already know the baseline fraud from the Joe Biden White House.  They have built out an elaborate and fabricated scenario that Russia is going to attack Ukraine. The have used the political control operatives within the IC, Pentagon and State Dept to manufacture their claim. There is no attack planned and there never was.  The absence of the attack will be declared a brilliant and strategic victory by the Biden administration. That’s the plan.

In this ‘wag the dog’ scenario, Ukraine President Vladimir Zelensky is being used as a pawn, as the United States keeps up the pretense.   However, in a pretty smart move today, Zelensky tells the world –very publicly– the Americans have informed him of the exact date of the Russia attack (which he knows is never coming).

February 16 will be the day of attack” on Ukraine by Russia, said a post on Ukrainian President Vladimir Zelensky’s Facebook page accompanying a video address to his country on Monday night. (link)  Wednesday aligns with the previous statements from the White House and State Dept.

On the U.S. side, in order to keep up the pretense of the pending attack; and to attempt to create a larger victory than the collapsed mess they created in Afghanistan; the State Dept issues a carefully crafted statement [LINK] declaring their mission priority to protect Americans and saying they are evacuating the U.S. embassy in Kyiv:

 …[…] “we are in the process of temporarily relocating our Embassy operations in Ukraine from our Embassy in Kyiv to Lviv due to the dramatic acceleration in the buildup of Russian forces. The Embassy will remain engaged with the Ukrainian government, coordinating diplomatic engagement in Ukraine.  We are also continuing our intensive diplomatic efforts to deescalate the crisis.” (link)

Remember, this is all a pantomime, an elaborate ruse, a complete farce.  The Biden crew picked this week because several months ago Russia announced they were conducting military exercises in Western Russia near the Ukraine border.  The United States is fabricating their claim of a pending Russian invasion of Ukraine around these Russian exercises.  When the invasion/attack doesn’t happen, Biden officials will declare a strategic geopolitical victory.

(CNN) […] Russian President Vladimir Putin “continues to add to” his “menu of options” with the type of capabilities he has added from the Russian military by land, sea and air, Pentagon spokesman John Kirby said during a briefing on Monday.

On land, Putin has “combined arms capability, so it’s infantry, it’s armor,” but he has also added “air and missile defense as well as offensive air,” Kirby said. 

Putin also has built up his maritime presence. He has added “at least half a dozen” ships in the Black Sea that are LSTs — or landing ships — which have “one purpose, and that’s to put troops ashore,” Kirby said.

“He’s got significant naval power inside the Black Sea,” Kirby said. (more w/ updates

As soon as Russia completes their military exercises without an invasion of Ukraine, Joe Biden will declare victory.

Factually, this entire fiasco is a little embarrassing for The United States.  It’s all made worse by some allied nations going along with the pretense.

However, on the positive side…. hopefully by the end of this week it will all be over, and we can just watch the national address by Joe Biden and various White House officials, as they proudly declare victory and emphasize how brilliant their foreign policy and diplomacy have been because nothing happened.

Next week the Biden team will be on television telling stories about how their strategic geopolitical excellence averted a thermonuclear war that was never coming in the first place.   Believe me, tens of millions of Americans will fall for it, because the reality of what took place is just too grand in scale, too bizarre, to fathom.

Last point, do not ignore an important point that Republicans in DC know this is all a performance.  They fall into two groups.  Group #1 are involved in the pretense, and Group #2 won’t call it out because they are fearful of the media portraying them as nuts.

Prime Minister Justin Trudeau Expected to Invoke Emergency War Measures Act to Break up Freedom Protests


Posted originally on the conservative tree house on February 14, 2022 | Sundance | 547 Comments

Rather than remove any of the Canadian government restrictions and rules surrounding COVID-19 mandates, media are reporting that at 4:30pm today Prime Minister Justin Trudeau will instead invoke the Emergency Act, formerly the War Measures Act, to take emergency action to quell the ‘Freedom Protests’ taking place in Canada.

This is a rather remarkable development highlighting the severity of the totalitarian mindset behind the governing Liberal party in Canada.  The current Emergency Act has never before been used.

(CANADA – via CBC) – Prime Minister Justin Trudeau has told his caucus he will invoke the never-before-used Emergencies Act to give the federal government extra powers to handle anti-vaccine mandate protests, sources say. Those sources, who were not authorized to speak publicly, said the prime minister informed the premiers of his decision this morning.

The Emergencies Act, which replaced the War Measures Act in the 1980s, defines a national emergency as a temporary “urgent and critical situation” that “seriously endangers the lives, health or safety of Canadians and is of such proportions or nature as to exceed the capacity or authority of a province to deal with it.”

Trudeau is expected to explain his decision during a news conference at 4:30 p.m. ET. CBC News will carry it live.

The act gives special powers to respond to emergency scenarios affecting public welfare (natural disasters, disease outbreaks), public order (civil unrest), international emergencies or war emergencies. It grants cabinet the ability to “take special temporary measures that may not be appropriate in normal times” to cope with an “urgent and critical situation” and the resulting fallout. It is still subject to the protections of the Charter of Rights and Freedoms. (read more)

In many ways this is the ultimate display of weakness from a national leader.

Think about it.  The majority of Canadians want Justin Trudeau to do two things: (1) meet with the protest groups and come to a resolution for when the COVID mandates will end with a clear exit strategy; and (2) End the mandates.

Instead of doing either of the two things that most Canadian want to see happen, the regime doubles down on crushing the rebellion and maintaining their tenuous grip on the mandates.

Quite remarkable.

Book Review “The Real Anthony Fauci”


Bill Gates, Big Pharma, and the Global War on Democracy and Public Health Published on November 16, 2021

I have been Robert F. Kennedy Jr. over the last year or so as he traveled to world giving talk about what was happening to Western Civilization. I was impressed by his knowledge of what was going on as I also had come to many of the same conclusions, maybe even more, because of my military background as a Green Beret and set up a blog in 2014 to promote my views. I used the Special Forces Green Beret motto De Oppresso Liber (liberation of the oppressed) since i felt that the citizens of Western Civilization, and in particular the United States home of the free because of the brave was under assault by enemies both foreign and domestic. The image below is of Robert F. Kennedy taken from the January 23, 2022 Robert F. Kennedy Jr. and Robert Malone ‘Defeat the Mandates’ march on National Mall.

Kennedy’s book is a masterpiece of detail and fact foot noted extensively more so then any book I have ever read and I have read a lot of them. I already knew maybe 1% of what he wrote on and I have no reason to doubt the other 99% so I highly recommend reading this book. But I do caution you as the fact Kennedy has unconverted will disturb you and result in your questioning the very foundations of our entire medical system. Kennedy’s book with be viewed in the future as the cornerstone of breaking down and exposing the corruption in our medical system and the federal, State and local governing bodies.

If you have read Alexis de Tocqueville’s book Democracy in America Part I published in 1835 and Part II in 1840 you will understand how far we have fallen form the genius of out Founders and their U.S. Constitution and the Bill of Rights. We stropped teaching about the “importance” of our Constitution in public high schools and colleges a long time ago. Today its just a obsolete historical document. And in fact the National Archives now has ‘harmful content’ warning for the US Constitution, and all other related documents.

Tucker Carlson on Jan. 6 Committee


Published originally on the The Daily Caller  on July 27, 2021 

This is an old post but its worth listening to it again as the Democrat “insurrection” con job will be coming up again very soon. The fake trial of President Trump ( the leader of the J6 insurrection) unfolds in the spring/summer so that it can be used to effect the outcome of the November election. Keep in mind the the J6 performance was run by the FBI with the full approval of both Pelosi and McConnell.

The following is from From Martin Armstrong

Perhaps I need to explain the plot here why McConnel has joined the Democrats against his own party. You see it all hinges on their desperate attempt to call January 6th an insurrection. They are relying upon a sanction imposed on former politicians who supported the Southe during the Civil War. They passed the 14th Amendment on June 13th, 1866, which attributed federal rights to the states. But buried in there is Section 3 which reveals why you see Republicans who should be thrown out of office, not because they are against Trump, but because they are trying to prevent Trump from “draining the swamp” in 2024 in which both Washington politicians swim in together.

14th Amendment; Section 3

No person shall be a Senator or Representative in Congress, or elector of President and Vice-President, or hold any office, civil or military, under the United States, or under any State, who, having previously taken an oath, as a member of Congress, or as an officer of the United States, or as a member of any State legislature, or as an executive or judicial officer of any State, to support the Constitution of the United States, shall have engaged in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof. But Congress may by a vote of two-thirds of each House, remove such disability.

Why the Jan 6 Event Must be Labelled an Insurrection only that Will Bar Trump from 2024


Armstrong Economics Blog/Civil Unrest Re-Posted Feb 14, 2022 by Martin Armstrong

COMMENT: Marty, you are right. Republican politicians have hated Trump and look to stab him in the back every chance they get. They do not like outsiders as you said. Mitch McConnel is the latest disgusting Republican calling January 6th a violent insurrection. It is really hopeless to expect anything from Republicans in DC. They are all only after their own power.

Keep up the great work

EY

ANSWER: Perhaps I need to explain the plot here why McConnel has joined the Democrats against his own party. You see it all hinges on their desperate attempt to call January 6th an insurrection. They are relying upon a sanction imposed on former politicians who supported the Southe during the Civil War. They passed the 14th Amendment on June 13th, 1866, which attributed federal rights to the states. But buried in there is Section 3 which reveals why you see Republicans who should be thrown out of office, not because they are against Trump, but because they are trying to prevent Trump from “draining the swamp” in 2024 in which both Washington politicians swim in together.

14th Amendment; Section 3

No person shall be a Senator or Representative in Congress, or elector of President and Vice-President, or hold any office, civil or military, under the United States, or under any State, who, having previously taken an oath, as a member of Congress, or as an officer of the United States, or as a member of any State legislature, or as an executive or judicial officer of any State, to support the Constitution of the United States, shall have engaged in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof. But Congress may by a vote of two-thirds of each House, remove such disability.

This January 6th investigation is determined to declare that this was a “violent insurrection” as now Mitch McConnel is doing to prevent Trump from running in 2024. These people are playing with fire for this will only result in the total collapse of any faith in Congress whatsoever for this is all about protecting their own deep pockets. Even criminally charging Trump does not prevent him from running for office any more than it stopped Nelson Mandella in South Africa. A felon can run for office. There is no bar from that since so many criminal prosecutions are for political agendas.

They are determined to call January 6th a “violent insurrection” despite the fact that the doors were opened for them and the FBI stated they did not seize guns from the intruders. There were government agents in the building who were dressed in black to hide their identity obviously accomplishing a separate agenda.  Then there was the planting of a pipebomb that had no detonator by some unknown person that was conveniently found. This was most likely a strategic plant most likely yet another government agent so they could call this violent all to fit a real conspiracy. I am NOT saying this as a Trump supporter but as an American. I am not so sure you will see Trump on the ballot in 2024. I think they will install DeSantis. This is a desperate plot to prevent Trump from running in 2024.

My point here is a Mitch McConnel is a back-stabbing politician who is making statements for the benefit of ALL politicians against the people. Here is a video from 2016 and career politicians everywhere were upset when Trump won. Suddenly, democracy became evil populism that might dethrone career politicians like Kerry and McConnel. This is why they and the press did absolutely everything to stop Trump from draining the swamp and they began an all-out campaign to try to turn the world against him.

I now get emails from people who voted for Biden now admitting that they understand what I was warning about from the outset. It was NEVER an election between Trump v Biden – it was Trump v World Economic Form and this entire agenda to end democracy just as they have successfully accomplished in Europe. The head of the EU never stands for election nor does the European Commission who makes the laws. European Parliament is there for a dog and pony show with zero power. These swamp creatures do not want someone elected by the people who will upset their feeding-trough. Representative government is NEVER one that is ever for the people throughout history.

John Kerry has come out many times against Trump calling him a populist who represents the lowest of the low in society. He paints Trump supporters are extreme-right and everything from Nazis to the criminals and prostitutes as in Les Misérables. He would love nothing more than to advance the UN to a one-world government. Authoritarian populism is evil, but a tyrannical dictatorship that is unelected is noble.

They think arresting everyone who was in the capitol building to make this an insurrection sending all those people to prison, is solely to prevent Trump from running in 2024 and to protect their own fiefdom, which is outright despicable.

more

US Household Debt Rises by $1 Trillion


Armstrong Economics Blog/North America Re-Posted Feb 14, 2022 by Martin Armstrong

Household debt in the US spiked to the highest level since 2007. According to the Federal Reserve Bank of New York, Americans accumulated an additional $1 trillion in debt, with the figure growing by $333 billion in Q4 alone.

Mortgage and auto loans are the main sources of debt for Americans. Home loan originations hit a record high last year thanks to low rates, and mortgage debt increased by $258 billion in Q4 to $10.94 trillion.

Balances on auto loans rose by $15 billion in Q4, and $84 billion over the course of the year. Around $734 billion is attributed to new auto loans in 2021 to a total of $1.46 in auto loan debt. The Fed noted this was the largest volume on record. The chip shortage and supply chain crisis have caused auto prices to spike by 20% on average. The current median monthly payment on a car loan is $418 per month.

Credit card debt also rose as well, increasing by $52 billion in Q4, marking the largest increase on record. On a positive note, card balances are $71 billion lower than they were at the end of 2019.

The International Monetary Fund has warned that high household debt hinders long-term GDP growth. “Our study found that a 5 percentage-point increase in the ratio of household debt to GDP over a three-year period forecasts a 1.25 percentage-point decline in inflation-adjusted growth three years in the future. Higher debt is associated with significantly higher unemployment up to four years ahead. And a 1 percentage point increase in debt raises the odds of a future banking crisis by about 1 percentage point. That’s a significant increase, when you consider that the probability of a crisis is 3.5 percent, even without any increase in debt,” the IMF stated in a report released in 2017. In the short-term, increased debt will provide a small boost to the nation. If inflation persists and people are required to take on more debt for essentials like transportation and shelter, the nation’s GDP will be at risk.