Henry Kissinger on Taiwan


Armstrong Economics Blog/War Re-Posted May 26, 2022 by Martin Armstrong

Veteran diplomat and former Nobel Peace Prize winner Henry Kissinger is warning Washington to avoid conflict with China over Taiwan. Although Joe Biden said that the US would interfere if China were to invade Taiwan, the White House clarified that the US will respect the One China policy. “The United States should not by subterfuge or by a gradual process develop something of a ‘two-China’ solution, but that China will continue to exercise the patience that has been exercised up until now,” Kissinger warned at Davos.

Although the US has been supplying military equipment to Taiwan since 1979 under the Taiwan Relations Act, the US has agreed to acknowledge the One China policy that states Taiwan is under Chinese rule. “A direct confrontation should be avoided and Taiwan cannot be the core of the negotiations because it is between China and the United States,” Kissinger stated, going as far as to say neutrality is crucial to “overall peace.”

A key figure in the Paris Peace Accords, Kissinger was awarded the Nobel Peace Prize in 1973 for arranging a cease-fire during the Vietnam War. His award was presented amid controversy as the war did not technically end until 1975. Additionally, Kissinger authorized bombing raids in Cambodia to target the Khmer Rouge. North Vietnamese diplomat Le Duc Tho received this award jointly with Kissinger but rejected it for the reasons mentioned. War is never the first option, and Kissinger knows the complexities of war from behind the curtain. Biden would be wise to take this warning with the utmost caution.

Twitter Agrees to Pay $150 Million FTC Fine for Using Two Factor Authentication as Ruse to Sell Targeted User Data to Advertisers


Posted originally on the conservative tree house on May 25, 2022 | Sundance

Two-Factor authentication has always been a platform ruse for gathering data on platform users.  Twitter was just one company amid a large number of on-line platforms who pushed “two factor authentication” as a security measure.  The real motive of TFA was to gain the user cell phone number in order to gain more specific information about the user.

Today multiple media outlets are reporting the FTC and Twitter have agreed to a settlement where Twitter will pay a $150 million settlement for violating user privacy and selling user data.  Twitter collected cell phone and email account information for users under the auspices of user security.  However, Twitter actually planned to use the cell phone and email data to sell a more comprehensive package of user identification to advertisers.

(Reuters) – […] The company will pay $150 million as part of the settlement announced by the Justice Department and the Federal Trade Commission (FTC). In addition to the monetary settlement, the agreement requires Twitter to improve its compliance practices.

The complaint said that the misrepresentations violated the FTC Act and a 2011 settlement with the agency.

“Specifically, while Twitter represented to users that it collected their telephone numbers and email addresses to secure their accounts, Twitter failed to disclose that it also used user contact information to aid advertisers in reaching their preferred audiences,” the complaint said.

[…]  “Twitter obtained data from users on the pretext of harnessing it for security purposes but then ended up also using the data to target users with ads,” said FTC Chair Lina Khan in a statement. “This practice affected more than 140 million Twitter users, while boosting Twitter’s primary source of revenue.”

The complaint also alleges that Twitter falsely said it complied with the European Union-U.S. and Swiss-U.S. Privacy Shield Frameworks, which bar companies from using data in ways that consumers do not authorize.

Twitter’s settlement follows years of fallout over the privacy practices of tech companies.

Revelations in 2018 that Facebook, the world’s biggest social network, was using phone numbers provided for two-factor authentication to serve ads enraged privacy advocates.

Facebook, now called Meta (FB.O), similarly settled with the FTC over the issue as part of a $5 billion agreement reached in 2019. (read more)

Two Factor Authentication (TfA) and the 5G telecommunications network work hand in glove.

By connecting the registered user id to their cell phone number, advertisers can target platform users with far more granular detail.  3G networks tracked user history to build the user portfolio.  5G networks bridge the space between user identity, cell phone, and geolocation services and apps on cell phones.

Cell phones are registered to people.  The TfA purpose was to identify the actual people behind the registered accounts and then monitor them for enhanced targeting.  The data of the user is monetized and your unique identity is sold to advertisers.

This is one of the reasons CTH does not track anyone, or ask for any data on any user.  We do not monetize users at The Conservative Treehouse, and all of our engagement systems, including the comment system, are built around the principle that user privacy is our number one priority.

Any engagement platform that asks you to enter your cell phone as part of the registration process is going to have the ability to sell your data and user identity to a third party.  It really is that simple.

The Bureau of Labor Statistics released the County Employment and Wages Summary Wednesday [DATA HERE].  The economic tracking measures the employment and wage increases at a county level throughout 343 counties in the nation.


Posted originally on the conservative tree house on May 25, 2022 | Sundance | 158 Comments

The BLS measures the data on an annual basis from December 2020 through December 2021.  The average rate of wage growth at a county level was 5.9%, far lower than the measured 8.5% inflation rate.  That means real wages, the income of most Americans at the county level have dropped.

However, within the data Florida stands out as having the largest number of counties exceeding the national average.  23 Florida counties are included in the BLS tracking.  An incredible 21 out of 23 Florida counties have wage growth that far exceeds the national average. [BLS, Table-1]

Additionally, Florida holds the top spot for the highest annual rate of wage growth in Palm Beach County with 15.6%…. AND… Florida holds the top spot for the highest annual rate of wage growth amid the ten largest counties, with Miami-Dade wage gains of 11.1%. [BLS, Table-2]

Congratulations Florida Governor Ron DeSantis and Florida workers.   You have the rare distinction of having wage growth overall that exceeds the BLS measured level of Biden inflation.   It’s no wonder why so many people are heading to Florida for jobs.

FREEDOM. If you keep it, they will come.

CBS News Calls Out O’Rourke Campaign Stunt to Exploit Victims of Uvalde School Shooting, “Clearly Staged by Candidate and Campaign” as a Planned Political Stunt


Posted originally on the conservative tree house on May 25, 2022

CBS journalist Janet Shamilan was at the Texas press conference where the political campaign of Beto O’Rourke, pulled a stunt to exploit the tragedy of the Uvalde school shooting.  Ms. Shamilan describes how the campaign had placed seat holders at the press conference as part of the coordinated and “clearly staged” political stunt.

WATCH (03:32, prompted):

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The fact that campaign staffers were holding seats to set the stage for the stunt reflects how far in advance the campaign of O’Rourke planned to exploit the tragedy.

Democrat Candidate Beto O’Rourke Pulls Political Stunt During Texas Governor Greg Abbott Press Conference


Posted originally on the conservative tree house on May 25, 2022 | Sundance 

Civility has long been removed from the current Fascist Democrats running their political operations.  During a somber Texas press briefing today, Governor Greg Abbott was informing the public on the latest information about the Uvalde school shooting.

Former failed senate candidate, and current democrat political candidate to challenge Abbott, Beto O’Rourke, having previously planned and informed the media of his intent, pulled a political stunt by interrupting the press briefing in order to make political statement advocating for a ban on firearms. {Direct Rumble Link}  VIDEO:

Republican Lt. Gov. Dan Patrick said to O’Rourke: “You’re out of line and an embarrassment.”  Patrick Francis O’Rourke, as he was being escorted out, turned around, faced the stage, pointed his finger and said: “This is on you until you choose to do something different. This will continue to happen. Somebody needs to stand up for the children of this state or they will continue to be killed just like they were killed in Uvalde yesterday.”

The ultra-far-left moonbat democrats have no comprehension of sensitivity, timing or civility.  Democrat candidates like Beto represent an emotionally unstable, immature, illogical, opportunistic and violent mob of radical communists.

Biden Spreads Inflation Lies on Twitter. Jeff Bezos’ Response Is Priceless | DM CLIPS | Rubin Report


Posted originally on the The Rubin Report  on Rumble on May 23, 2022

Dave Rubin of “The Rubin Report” talks about Jeff Bezos calling out Joe Biden’s inflation lies. Jeff Bezos attacked Joe Biden’s statement which connected inflation with corporate tax rates. Even Democrats like Bezos are turning on Biden as the US economy continues to tank amid inflation, supply chain problems, and market crashes.

Monkeypox – Old Virus, New Vaccine


Armstrong Economics Blog/Disease Re-Posted May 25, 2022 by Martin Armstrong

The US Biomedical Advanced Research and Development Authority (BARDA) is already developing a vaccine for monkeypox. Although the disease may seem novel, the first reported outbreak in monkeys occurred in 1958, and the first human infection was reported in the 1970s in the Democratic Republic of the Congo (DRC). According to the Centers for Diseases and Prevention (CDC), the virus is transmitted to humans through direct animal-to-human or human-to-human contact. Before they change the transmission guidelines, I will report what they stated on their website:

“Transmission of monkeypox virus occurs when a person comes into contact with the virus from an animal, human, or materials contaminated with the virus. The virus enters the body through broken skin (even if not visible), respiratory tract, or the mucous membranes (eyes, nose, or mouth). Animal-to-human transmission may occur by bite or scratch, bush meat preparation, direct contact with body fluids or lesion material, or indirect contact with lesion material, such as through contaminated bedding. Human-to-human transmission is thought to occur primarily through large respiratory droplets. Respiratory droplets generally cannot travel more than a few feet, so prolonged face-to-face contact is required. Other human-to-human methods of transmission include direct contact with body fluids or lesion material, and indirect contact with lesion material, such as through contaminated clothing or linens.”

The disease can reportedly occur through sexual encounters as well. This is NOT an airborne virus – masks and lockdowns would be useless. Cases of the virus are appearing throughout the world, but again, this virus was never limited to one continent. In 2003, 47 cases of monkeypox were reported in the US after pet prairie dogs became infected after being housed with small animals imported from Ghana.

BARDA plans to release JYNNEOS, a smallpox vaccine, to treat monkeypox cases by 2023. The company has already produced almost 13 million freeze-dried doses of the vaccine that are expected to be manufactured in 2024 and 2025.

President and CEO of Bavarian Nordic Paul Chaplin said, “We are pleased to announce the exercise of the first options under our contract with the US government to deliver a freeze-dried version of the smallpox vaccine with an improved shelf-life, which will be manufactured at our new fill and finish facility. This marks a significant milestone in our long-standing partnership with the US government to ensure availability of life-saving vaccines for the entire population.”

The European Medicines Agency approved the medication to treat monkeypox in 2013, and the FDA quietly approved its usage in 2019. Since this seems to be a rare illness, why are they planning to manufacture millions of doses to save “the entire population?” The media has only just begun reporting cases of the virus, and it would not be surprising if they pushed yet another unnecessary vaccine on the global population for profit and control.

An Unprovoked Biden Threatens War with China


Armstrong Economics Blog/War Re-Posted May 25, 2022 by Martin Armstrong

For the third time, President Joe Biden has attempted to drag the United States into a war. Biden first made remarks about the Middle East and then claimed Putin needed to be removed from power. The White House brushed off those remarks, but this time he has angered America’s top trading partner. Biden, speaking for the entirety of the US, said that WE would defend Taiwan against military invasion.

A reporter asked, “You didn’t want to get involved in the Ukraine conflict militarily for obvious reasons. Are you willing to get involved militarily to defend Taiwan if it comes to that?” Since there was no teleprompter script for him to read, Biden simply replied, “Yes!”

“We agree with the One China policy. We signed on to it, and all the attendant agreements made from there, but the idea that it can be taken by force, just taken by force, is (just not) appropriate,” the president said. Basically, this statement is contradictory since Biden admittedly agreed to the One China policy. A White House officially quickly corrected his statement, “As the President said, our policy has not changed. He reiterated our One China policy and our commitment to peace and stability across the Taiwan Strait. He also reiterated our commitment under the Taiwan Relations Act to provide Taiwan with the military means to defend itself,” the official said.

China expressed extreme anger at the president’s statements. Similar to the situation in Ukraine, China is worried that Biden’s obvious support will encourage separatist forces to move toward independence. “On issues concerning China’s sovereignty and territorial integrity and other core interests, there is no room for compromise,” said Wang Wenbin, a spokesman for the Chinese Foreign Ministry. “We urged the US side to earnestly follow the One China principle … be cautious in words and deeds on the Taiwan issue, and not send any wrong signal to pro-Taiwan independence and separatist forces — so it won’t cause serious damage to the situation across the Taiwan Strait and China-US relations.”

Before the White House corrected Joe, he doubled down on his statements and said China should look to Russian sanctions as a warning not to attack. “[W]hat signal does that send to China about the cost of attempting, attempting to take Taiwan by force?” the confused president said before claiming China was “flirting with danger.” These careless remarks threaten national security and have seriously harmed diplomatic relations. Biden is willing to show all his cards, even when he does not understand the game he is playing.

Interest Rates & The Chaos Ahead


Armstrong Economics Blog/Interest Rates Re-Posted May 25, 2022 by Martin Armstrong

QUESTION: Marty, Your forecast for the Panic Cycle here in Australian politics was correct and it beat all the polls as you did in BREXIT. Our new leader is a full-on board with the WEF climate agenda and will have all cars electric by 2030. As you say, in war you take out the power grid first. I guess this makes the power grid even more of a first-strike target.

I want to thank you for Socrates. It is great to have something that provides a non-emotional forecast. The forecasts you publish on so many things around the world are amazing and accurate.

So my question is this. You were correct that rates would rise, or Socrates was, and you said that there would be shortages with a commodity cycle mixed with war rising and civil unrest. So now that the central banks are in a state of panic, what do you expect with the panic cycle in 2023 in the Fed?

ANSWER: You are correct. Too many people attribute everything to just me as if I have a crystal ball. The forecasts are from the model. Nobody could be forecasting so many things for 40 years on a gut feeling and be correct. The odds of humanity are against that.

People tend to forecast what they want to happen. It is just an inherent human flaw. But it is also what drives markets. The majority of people are influenced by the direction of the trend. So a rising market makes people feel bullish and a declining market makes people more pessimistic. That is just a fact of life. So the ONLY hope for an accurate forecast MUST come from a non-emotional source. Staring into 2023 just looks like total chaos.

I do get the occasional email asking me how I cope with my own forecasts. I look at it this way. If I said here comes my fist, I’m going to punch you in the face. Do you just stand there and smile or do you dodge the punch, or defend against it? Isn’t it better to know something is coming to prepare?

It is more like an out-of-body experience for me personally because these forecasts are the computer and I have to stand here and watch as well as live through them. It is a different experience to forecast these events years in advance and live through them myself.

I am concerned that when you look around the globe, so many things have serious targets and panic cycles in 2023. Even in the war cycle, the computer has the highest aggregate bar for 2023. The central banks are unable to prevent inflation because this is a shortage crisis, not a speculative boom where raising interest rates will reduce the buying.

While the Central Bankers think this is clear sailing, they have entered uncharted waters. The risks of the markets discovering they cannot control the economy anymore will raise the crisis to extreme levels as we head into 2023.

Georgia, Alabama, Arkansas Primary Election Night, Results and Open Discussion


Posted originally on the conservative tree house on May 24, 2022 | Sundance

Tonight, is the primary election vote for Alabama, Arkansas and the key races in Georgia.  Additionally, there are runoff races in Texas and Minnesota special elections.

The key contest most people will be watching is in Georgia, where GOPe Club Governor Brian Kemp is facing a challenge from former Senator David Perdue. The winner will face Stacey Abrams, a Democrat who is unopposed in her primary, in the general election.  This primary is open for people in either party to request ballots. There will be democrats voting with republican ballots, and the most favorable outcome would be for Kemp to be held under 50% of the vote.

President Trump-endorsed Hershel Walker is also running for the Senate on the Georgia republican ballot.

New York Times Election Results Here

Politico Election Results Here

CNN Election Results Here