Neil Oliver Analyzes the Global Uprisings that are Rejecting the Build Back Better Agenda


Posted originally on the conservative tree house on July 12, 2022 | Sundance

Appearing on GBNews with Dan Wootton, UK commentator Neil Oliver discusses and connects the Sri Lanka protests, the uprising in the Netherlands, and the aligned protests in Poland, Italy, Germany and much of the European continent.

As Oliver notes the pretorian guards for western politicians, aka the ‘western media’, are doing everything they can to ignore the global scale of the popular uprisings that are directly connected to the globalist agenda of the World Economic Forum and their Build Back Better orders to the western politicians.  The media ignore the issue until it reaches a point like Sri Lanka where it can no longer be ignored.  WATCH:

The Canadian trucker protests were targeted by Canadian Prime Minister Justin Trudeau in an effort to quickly stop the spread of any opposition to the globalist agenda. However, in the Netherlands the Dutch farmers have several distinct advantages in their ability to impact the life of ordinary Dutch people, as they refuse to become victims to the new global feudalism.

Like Sri Lanka, the Netherlands is a case study in raw people power, where the government is represented by a select few people.  The only thing keeping the Dutch from storming the politicians’ palaces and government buildings is a preference for polite society.  If that preference changes, and it might as people get more desperate, well, katy-bar the door.

Sri Lanka (top)

The Netherlands (bottom)

Both uprisings are connected to the exact same dynamic.

Rivian Electric Vehicle Manufacturer Planning Layoffs


Posted originally on the conservative tree house on July 12, 2022 

Two things about this report showing Rivian is planning layoffs for its workforce.

First, the larger ‘layoff‘ issue is going to be more prevalent as the economy contracts and consumer demand declines.  There is almost no expanded investment going into any Main Street business that sells non-essential goods.

The economic contraction, the drop in consumer demand that indicates a recession, is very real and now very easy to spot.

Second, Rivian is backed by the financing of Ford and Amazon and operates in California, Michigan and Illinois (three deep blue states).  Rivian is also the supplier for Amazon electric delivery vehicles having previously announced (in 2019) a deal to purchase 100,000 vehicles from Rivian.  Additionally, Rivian has lost 69% of its market value this year.

LA TIMES – Rivian Automotive Inc. is planning hundreds of layoffs to trim its workforce in areas where the electric-vehicle maker has grown too quickly, according to people familiar with the matter. […] The Irvine company, which has more than 14,000 employees, could target an overall reduction of around 5%, the people said. The layoffs are still in the planning stage, and nothing has been decided.

[…] The manufacturer is poised to join companies across corporate America pruning their operations amid growing worries about an economic downturn. Tesla is cutting 10% of its salaried workforce, while protecting manufacturing jobs, after Chief Executive Elon Musk said he sees a recession as inevitable. (read more)

It Looks Increasingly Like the Story About the Ohio 10-Year-Old Pregnancy and Cross-State Abortion Was a Hoax


Posted originally on the conservative tree house on July 11, 2022 | Sundance

It looks increasingly likely that Dr. Caitlin Bernard, the OBGYN who originally made the claim to the Indianapolis Star, lied about the 10-year-old child rape story in order to sell a sympathetic abortion narrative to the public.   An ideologically compliant and incurious media then promoted the false story, which led to Joe Biden repeating the story as part of his pro-abortion speech and executive action.   It’s Jussie Smollett all over again.

The Washington Post previously tried and failed to verify the story and wrote an article saying the only attribution for the claim comes from Dr. Caitlin Bernard {link}.  There is zero evidence the story is true, and considerable evidence the story was a complete hoax.  Including the lack of any police report and no documentation of any rape despite a legal responsibility to do so.

Now Ohio Attorney General Dave Yost is saying his office has no evidence of a raped ten-year-old child who was impregnated, including a request for lab results. Yost also noted that Ohio law would have allowed for an abortion in such a case.  First, the summary of the likely hoax.  WATCH:

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Below is the segment with Ohio AG Dave Yost:

Dr. Jill Biden Compares Latinos to Tacos


posted originally on the conservative tree house on July 11, 2022 | Sundance

You might remember the manufactured media controversy that erupted when President Trump tweeted a picture of himself eating a taco bowl on Cinco De Mayo.  The media and left-wing moonbats went nuts, calling it a racist belittlement of the Hispanic community.

Well, today, someone convinced Dr. Jill Biden that it would be a great idea, a brilliant exhibition of her connection to the Latino community, for her to compare the diversity and unique nature of Latino’s to “breakfast tacos.”  Seriously folks, you just cannot make this stuff up.

But wait, it gets worse.  Mrs. Biden doesn’t even know how to pronounce the word “bodegas” as it was loaded into her teleprompter.  WATCH (05:44, prompted):

[Transcript] …”Raul helped build this organization with the understanding that the diversity of this community—as distinct as the bodegas of the Bronx, as beautiful as the blossoms of Miami, and as unique as the breakfast tacos here in San Antonio—is your strength.”

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That’s right America.  If you are black and don’t support Joe, “you ain’t black,” and if you are Latino and do not self-identify as a taco, well, you just might not be a democrat.

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The DOJ Wants Illegal Immigrants to Vote


Armstrong Economics Blog/Corruption Re-Posted Jul 11, 2022 by Martin Armstrong

Who will vote for Biden after he destroyed the American economy? Perhaps illegal immigrants from Socialist countries who would have gratitude for even the lowest level of living in this nation. I explained how the election system is rigged with Dominion Voting Systems directly funneling money to liberal candidates and having close ties to George Soros. The Biden Administration wants to ensure that the game is completely in their favor, and now wants illegal immigrants to vote in American elections.

The Biden Administration is actually suing the state of Arizona because the state will require voters to show proof of American citizenship. Was the left not up in arms about other nations allegedly interfering in our electoral process? The Department of Justice claims that House Bill 2492 is illegal under the Civil Rights Act (1964) and the National Voter Registration Act (1993).

Arizona Attorney General Mark Brnovich said that he will not accept the DOJ’s demands. “In addition to free rooms and transportation for those illegally entering our country, the DOJ now wants to give them a chance to vote,” he said to Fox reporters. “It’s another round of Brnovich v. Biden. I will once again be in court defending Arizona against the lawlessness of the Biden administration.”

New York City recently prohibited illegal aliens from voting and the measure has bipartisan support. Even Mayor Bill de Blasio did not fight the ruling. The only politicians seeking to allow outsiders to vote in elections are on the far-left, and it appears that those at the very top of our political system have become extremists in their views.

The Disease Cycle


Armstrong Economics Blog/Disease Re-Posted Jul 11, 2022 by Martin Armstrong

QUESTION: Marty, You have forecasted that your disease model turned up here in 2022. COVID was exploited, but it was no worse than the flu. Then there is monkeypox. But the latest is the much more lethal Marburg virus in Africa. Is this going to be the real one?

DC

ANSWER: The model did not target a specific virus. There are serious outbreaks throughout history but they are not always the same virus or bacteria. The history of this particular virus only goes back to 1967. This particular virus has a base cycle of 5-year intervals. The major outbreak was 2004-2005 which lasted into 2008. Ideally, our model projected that would reappear in 2013 and it showed up in 2012 a little ahead of schedule.

A major outbreak should come in the 2027-2028 time period. But keep in mind that this has not turned into a pandemic and has been confined to Africa. It is spread through bodily fluids so which usually involves sex or touching an open sore. So I would not be concerned that this will spread to your neighborhood without human intervention. The most devastating disease cycle will be from 2027 into 2050.

After-Birth Abortion – Really?


Armstrong Economics Blog/Opinion Re-Posted Jul 11, 2022 by Martin Armstrong

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The woman army medic who seems to be fighting for the Constitution clearly has no idea what the Constitution is all about. Here rant which gathered 30,000 likes said:

“I just extended my contract to continue serving this country a week ago. How am I supposed to swear to support and defend the Constitution and a country that treats its women like second-class citizens?” She continued: “How am I supposed to do that? How am I supposed to do that with pride? How am I supposed to do that with love and honor?”

In HARRIS v. McRAE, 448 U.S. 297 (1980), the facade of Roe v Wade was exposed. The case was claiming that the government MUST pay for medically necessary abortions. They made it clear in that decision that the Constitution is NEGATIVE, not POSITIVE. It is a restraint upon government – not a shopping list of positive rights. This medic should resign, leave the country, and go someplace where you can freely kill a two-year-old when they annoy you.

If there was a Constitutional Right to abortion, but a restraint under the 8th Amendment against cruel and unusual punishment, then the solution would be to justify retroactive abortion without limitation so you no longer sentence someone to death, you merely abort their life whenever.

The very law that these people are so upset about was limiting abortion to the first 15 weeks. They seem to want even after-birth abortion. These real fanatics want to call a newborn still a fetus to justify abortion after birth.

“We claim that killing a newborn could be ethically permissible in all the circumstances where abortion would be. Such circumstances include cases where the newborn has the potential to have an (at least) acceptable life, but the well-being of the family is at risk.”

Why not just kill a child at any age when it threatens the “well-being of the family” if there is even a family that remains under this definition. There has always been justification for abortion when the life of the mother is at risk, or rape, or incest. But not any of these justify after-birth abortion. Sorry, but I don’t see how they would be good mothers and the solution should be sterilization – Gates would love it!

UN Human Rights Report Shows Ukraine Military Used Nursing Home Residents as Human Shields


Posted originally on the conservative tree house on July 10, 2022 | Sundance 

A quietly released study from the U.N. Human Rights Commissioner [See Here pdf] looking into allegations of war crimes conducted during the Ukraine -vs- Russia conflict, specifically looked into allegations of Russian military targeting a nursing home facility in the eastern region of Luhansk.

What the UN investigation revealed was that Ukraine military soldiers had intentionally used the nursing home as an active base to launch military strikes against Russian forces. The Associated Press was forced to reveal, “Ukraine’s armed forces bear a large, and perhaps equal, share of the blame for what happened in Stara Krasnyanka, which is about 580 kilometers (360 miles) southeast of Kyiv. A few days before the attack, Ukrainian soldiers took up positions inside the nursing home, effectively making the building a target.”

The issue of the Ukraine military, intentionally and with purposeful forethought, using civilian locations to embed their military units, highlights the inherent dangers associated with western propaganda during the conflict.  In fact, the effort to create civilian casualties seems more purposeful as a strategy to gain western media support and create stories that can be used to advance sympathy toward Ukraine, even if it means putting their own civilians in harm’s way.

(Via AP) […]  The report by the U.N.’s Office of the High Commissioner for Human Rights doesn’t conclude the Ukrainian soldiers or the Russian troops committed a war crime. But it said the battle at the Stara Krasnyanka nursing home is emblematic of the human rights office’s concerns over the potential use of “human shields” to prevent military operations in certain areas.

The aftermath of the attack on the Stara Krasnyanka home also provides a window into how both Russia and Ukraine move quickly to set the narrative for how events are unfolding on the ground — even when those events may still be shrouded by the fog of war.

For Ukraine, maintaining the upper hand in the fight for hearts and minds helps to ensure the continued flow of billions of dollars in Western military and humanitarian aid.

[…] David Crane, a former Defense Department official and a veteran of numerous international war crime investigations, said the Ukrainian forces may have violated the laws of armed conflict by not evacuating the nursing home’s residents and staff.

“The bottom-line rule is that civilians cannot intentionally be targeted. Period. For whatever reason,” Crane said. “The Ukrainians placed those people in a situation which was a killing zone. And you can’t do that.” (read more)

Keep in mind, the United States is funding Ukraine to fight this war.  Without U.S. funding, including the shipments of weapons, the training of military units and the embedding of U.S. special forces to assist the Ukraine military, Ukraine and Russian governments would have likely entered into peace negotiations.

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Used Car Repossession Rates Double for Both Sub-Prime and Prime Borrowers, Indicates Trouble on Main Street


Posted originally on the conservative tree house on July 10, 2022 | Sundance

Barrons has an interesting article on an increase in bank auto repossession rates connected to defaults [see here].  Essentially, used car prices have surged significantly and the timeline seems to indicate the temporary covid-19 stimulus spending had a lot to do with the increase in demand.

According to data assembled by CoPilot, used cars are currently priced approximately 10,000 higher than they would be without any pandemic related influence, supply side or demand side.  Banks and financial institutions loaned money into the climbing market price.  However, the artificially inflated car prices now create a bubble where the liability on the books is significantly higher than the repossessed asset is worth.

A higher rate of auto loans are now defaulting for both sub-prime and prime borrowers (double for both), indicating the former buyers are under financial pressure and can no longer make their car payments.  The loan to value ratio was as high as 140% when the banks made the loans, a more traditional or normal ratio is 80%.

The banks have a vested financial interest in limiting the number of repossessed vehicles they allow into the used car auction market in order to keep the book value of the cars as high as possible.  Those banks and financial institutions have recently rented more storage space for the vehicles being repossessed.

Barrons – […] Lucky Lopez is a car dealer who has been in the business for about 20 years. In recent meetings with bankers, where he bids on repossessed vehicles before they go to auction, he has noticed some common characteristics of the defaulted loans. Most of the loans on recently repossessed cars originated during 2020 and 2021, whereas origination dates are normally scattered because people fall on hard times at different times; loan-to-value ratios, or the amount financed relative to the value of the vehicle, are around 140%, versus a more normal 80%; and many of the loans were extended to buyers who had temporary pops in income during the pandemic. Those monthly incomes fell—sometimes by half—as pandemic stimulus programs stopped, and now they look even worse on an inflation-adjusted basis and as the prices of basics in particular are climbing. (read more)

Somehow, I would hazzard a guess, if we are to follow recent precedent, that taxpayers are going to end up backstopping the financial institutions when the bubble in this asset class pops.  However, that said… the scale of these loan defaults could also foretell a significant slipping in the housing market.

…”There will not be a recession”…

Sunday Talks, Stunningly Disconnected Commerce Secretary Gina Raimondo: “We Have Inflation Now Because of a Lack of Supply”


Posted originally on the conservative tree house on July 10, 2022 | Sundance 

Unfortunately, (a) she’s not talking about energy or oil production/supply; and (b) she believes it.

Commerce Secretary Gina Raimondo, a comprehensively incompetent and unqualified person selected to run the commerce department, blames, without hesitation, a “fundamental lack of supply” for the cause of U.S. inflation [04:38].  She’s not pretending, Raimondo genuinely believes this.

I have struggled with the question of whether it’s incompetence or intentional ideology that drives some of these cabinet members to say stupid stuff.  In the case of Commerce Secretary Raimondo, it is clearly incompetence.  In order to believe that a lack of supply is driving inflation; which is not coincidentally the same demand-cause opinion held by the federal reserve; a person has to ignore the dozens of key economic indicators that show consumer demand has contracted, inventories are climbing, and orders to manufacturers have dropped.

Even Samsung, one of the largest producers of electronics sold in the United States, has told all their suppliers to stop sending the component goods used to manufacture their products because orders for finished goods have plummeted.  Hell, consider this…. THE COMMERCE DEPARTMENT, yes, that’s right, the Department that Raimondo is in charge of, has collected the data showing RETAIL SALES have DROPPED.  Yet here she is blaming a lack of supply for inflation.  WATCH:

It is not a lack of supply driving supply side and producer inflation. It is the massive increase in material, processing and transportation costs associated with Biden’s energy policy that are impacting supply-side inflation.   Demand has contracted, inventories are climbing, manager orders have plummeted, and consumers are squeezed.  Yet this knucklehead thinks recession is unlikely.

Gina Raimondo was also on Meet The Press, with another knucklehead, Chuck Todd.

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