Pushing the Envelope for Civil Unrest


Armstrong Economics Blog/Civil Unrest Re-Posted Jul 23, 2022 by Martin Armstrong

QUESTION: Marty,

It appears the January 6th committee has prevented Stephen K. Bannon from showing his evidence and the right to defend himself including his protection of the executive privilege from the President.

It is suggested he will be found guilty as soon as today and his case then rests on the slim ‘chance’ of the Supreme Court taking the case.

Would you kindly unpack this entire debacle when this committee is not even a court of law in a courtroom, please?

It is shaping up for President Trump to be charged, right on time for the midterms.

Thank you In advance for any clarity you can provide on the latest abuse of power by the legal system and the Justice Department.

RH

ANSWER: The Democrats and Liz Cheney are intent upon criminally charging Trump with insurrection. They need to prevent Trump from running in 2024. This is not about jail time.  This will make the headlines for the mid-term, and this is their Hail Mary play to paint all Republicans as evil and should be thrown out of office. Of course, they are instigating revolution, for our computer points to civil war in the US. I believe this is part of the reason our computer is targeting 2023 as a Political & Geopolitical Year from Hell. Of course, the Democrats who foam at the mouth and live for the day that they can completely eradicate all opposition are blind to history and the consequences of their own actions.

The Insurrection Clause was part of the 14th Amendment passed after the Civil War to prevent anyone from the South from holding office again. This is what they are relying on, and it is really absurd. Trump felt the election was rigged, but that did not lead to a civil war – YET! There are two outcomes here, and both lead to civil war. The ONLY way Trump could be indicted for this would be under the questionable theory of a “conspiracy to commit an insurrection,” which the Constitution does not support as a bar. So they are looking for headlines — not reality. The Justice Department will do whatever the Democrats demand. It is no longer a viable institution. When the rule of law collapses, the ONLY resolution is civil war. The history of Rome shows that endlessly.

This is being done for the midterms — NOT for 2024. They know this would allow Trump ample time to appeal, and the Supreme Court would take that one.  Thus, the Democrats know this is an abuse of power, but they do not care. They have so divided the country there is just no return to normal — EVER!  I really wish this was not the case. But it is getting time to turn out the lights on this Republic experiment. Oh, how the fools we have in Washington refuse ever to consult history. Indeed, it is often said that when Franklin was asked what kind of government they created, he wittingly said:  “A republic, if you can keep it.”

Whether that is true or not is really irrelevant. Republics never last because they are the easiest to corrupt, for the “representatives” can be bought like NASCAR drivers, but they do not wear a patch to show who bought them. I have been in the halls of Capitol Hill, and when I was with the government under Maggie Thatcher, all you saw were lobbyists everywhere. I remember seeing US people in London supporting Tony Blair, trying to spread their Marxist agenda just as Russia once claimed they would bury us with their Marxist agenda.

The Justice Department would indict Trump, but nobody would actually violate the law by threatening the Supreme Court over abortion, which is not a Constitutional Right under due process and more than euthanasia, or demanding you have a human right to some medical treatment and the government must pay for it. The Supreme Court has held that the Constitution is NEGATIVE, not POSITIVE, and its decision in Harris v McRae illustrated how wrong Roe v Wade was decided. That was a very clever mental manipulation when Justice Ginsberg said Roe was really about reducing population, so you tell the women it is a right to abort, and they protest for that fictional right when they have been manipulated by the Gates Foundation & Rockefeller Foundation that have always supported killing off minorities. They have already brainwashed so many women who think this is a right when in fact they are mindless drones doing the bid of Gates and the Rockefellers.

This is all part of the process of destroying the United States. We cannot live as one nation divided with such hatred. We are becoming Ukraine with a mindless civil war based entirely upon sheer seething hatred of Russian-speaking Ukrainians. There is no going back for Ukraine, and there will be no return to normal for the United States. We will most likely divide along the same lines as North v South. The hatred of state’s rights v federalism will return.

The LEFT is Violating the Foundation of Law


Armstrong Economics Blog/Human Rights Re-Posted Jul 23, 2022 by Martin Armstrong

There have been some bad decisions by the Supreme Court, such as Dread Scott and allowing the Japanese imprisonment during WWII. But never in the history of the nation has what is unfolding over abortion ever taken place, which is in itself, a confirmation that our computer is forecasting that the United States will separate. It has become impossible to live together. The left just hates the right, and it is always the LEFT, as in the Communist Revolutions, that end up waging war and justify the slaughter of anyone who they disagree with.

The ONLY way to secure the future is to divide the United States between LEFT and RIGHT. There are many who personally have no desire to be an economic slave for policies I do not agree with on an economic and RELIGIOUS basis. Even the progressive tax policies of the left violate the Ten Commandments, which is an affront to the religious beliefs of many.

Equal Rights is precisely that. They somehow are eliminated if it comes to material wealth. An A student should be reduced to a C student because it is not fair that an F student should fail. They should be given a C, so everyone is equal regardless of talent. That worked well for communism.

Ironically, the entire issue of legalizing gay marriage was because of the tax code. Any couple who lives together and contributes to a relationship should be treated the same as a married couple because it is economic equality, be they gay or just a common-law type marriage. It is always the hunt for taxes that creates inequality.

President Trump MAGA Rally, Prescott Valley, Arizona – 10:00pm ET Livestream


Posted originally on the conservative tree house on July 22, 2022 | Sundance 

We need a MAGA rally.  Our nation needs a boost of patriotism and pragmatic commonsense. Tonight, President Trump travels to Prescott Valley, Arizona, to hold a MAGA rally in support of Kari Lake for governor and Blake Masters for the U.S. Senate.

The GOPe wing of the UniParty has positioned Arizona as the tip of the counterattack spear against the base voters of the republican party.  Mike Pence is also in Arizona today attempting to use the insider resources to assist Kari Lake’s opponent.  Arizona is the battleground as the primary race looms on August 2nd.

Tonight’s Trump rally is being broadcast and livestreamed on the Rumble platform. Links below:

RSBN Rumble Livestream Link – Trump Campaign Rumble Livestream – Alternate Rumble Livestream

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Tucker Carlson Interviews Steve Bannon After His DC Court Political Conviction for Contempt of Congress (Video)


Posted originally on the conservative tree house on July 22, 2022 | Sundance

Steve Bannon appears for an interview with Tucker Carlson to discuss his contempt of congress conviction hours earlier.  After the guilty verdict Bannon reaffirms: “I support Trump and the Constitution and I’m not backing off one inch. If I go to jail so be it.”  {Direct Rumble Link}

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It’s Not Just What Energy Secretary Granholm Says, It’s How She Says It That Should Alarm Everyone


Posted originally on the conservative tree house on July 22, 2022 | Sundance 

Energy Secretary Jennifer Granholm couldn’t tell you the difference between electromagnetic or nuclear energy if her life depended on it.  Then again, there’s not a single “climate change” ideologue in the Biden administration who has any concept of science at all.  None of them.  To them, everything is politics.

As you watch this brief soundbite from remarks Energy Secretary Granholm made to the Global Clean Energy Action Forum, pay attention to what she says and the way she says it.  The pantomime of how she says it. [11 seconds] WATCH:

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What state elected her governor?  Oh yeah, she’s from Hunger Games district 5.

DC Jury Finds Steve Bannon Guilty of Contempt of Congress, for Failure to Give Deposition and Failure to Provide Documents to J6 Committee


Posted originally on the conservative tree house on July 22, 2022 | Sundance

Former President Trump campaign and White House senior advisor, Steve Bannon, has been found guilty on two political charges of contempt of congress by a DC jury, for failing to appear for a deposition with the J6 committee, and failure to provide documents to the J6 committee. [Media Report]

It is worth noting that no one, until now, is ever charged by the U.S. Justice Dept in a “contempt of congress” issue, including former U.S. Attorney General Eric Holder who was similarly found in contempt of congress.  The current DOJ and FBI are fully compromised political tools of a corrupt DC system of justice.

Steve Bannon and his legal team made a statement outside the court after the jury decision.  WATCH: 

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A dual justice system is the outcome of a banana republic form of government.  The Obama and Biden administrations have thoroughly corrupted the justice system.  The FBI and DOJ are institutionally corrupt.   Their Lawfare approaches can only function with the assistance of politically corrupt DC courts.

U.S. Business Activity Contracts in July for Both Goods and Services


Posted originally on the conservative tree house on July 22, 2022 | Sundance

Purchasing managers for both goods and services are reporting a strong contraction in orders.  The decline in goods has been subtle up to this point, with June and July now reflecting a significant change to the negative.  More concerning is the severe change on the service side.

Contraction within business activity is now happening in almost all sectors of the economy.

Bloomberg Reports – US business activity contracted in July for the first time in more than two years as manufacturers and service providers signaled sluggish demand that only adds to heightened recession anxieties.

The S&P Global flash composite purchasing managers output index slid 4.8 points to 47.5, the weakest reading since May 2020, the group reported Friday. Outside of the early months of the pandemic, the July figure is the weakest in data back to 2009. Readings below 50 indicate contraction. 

[…]  “The preliminary PMI data for July point to a worrying deterioration in the economy,” Chris Williamson, chief business economist at S&P Global Market Intelligence, said in a statement.

“Manufacturing has stalled and the service sector’s rebound from the pandemic has gone into reverse, as the tailwind of pent-up demand has been overcome by the rising cost of living, higher interest rates and growing gloom about the economic outlook,” Williamson said.

Similar results were seen in Europe. The group’s index of activity in the euro area unexpectedly shrank for the first time since early 2021. Output worsened among manufacturers, while growth in the service sector came close to stalling. (read more)

Keep in mind while this business contraction is happening, the policy makers in the U.S. and Europe are still using the talking points that “demand is driving inflation” – and they are *not* talking about energy demand.

The Federal Reserve and Central Bankers policies are constructed around a false premise that consumer demand for goods and services is the cause of inflation.  The premise is a lie, they know it is a lie, and they know the people closest to the economy know it is a lie. Yet they continue to lie because the multinational corporate media is part of the narrative engineering.

The policies from western government, political, fiscal and monetary, are based on a lie to create a false justification.  It cannot be overstated how dangerous this is, when the reality of what they are manipulating comes crashing into the unavoidable consequence of what they have created.

Climate Engineering: 40 Million in US West Without Water in 2023


Armstrong Economics Blog/Corruption Re-Posted Jul 22, 2022 by Martin Armstrong

Our models have been indicating a decline in both the food and water supply, which go hand-in-hand. Other analysts are coming out to warn that the inevitable cycle is underway. Climate engineering researcher Dane Wigington believes the cycle has been propelled forward by manmade forces. “The mainstream media and official sources are doing their best to sweep it under the rug. We are talking about 40 million people that will be impacted by the drying out of the Colorado River basin and tributaries.”

Interviewer Greg Hunter plainly asked Wigington if this was a deliberate attempt to diminish the population. “Yes,” he replied without hesitation. “There is no speculation, no hypothesis or conjecture in any of this. Climate engineering is the primary cause for the protracted drought, and not just in the U.S. but in many other parts of the world. It also causes a deluge scenario, and all of it is crushing crops. We can speculate to the motives and agendas behind those who run these operations, but the fact that climate engineering is the primary causal factor for the western drought is inarguable.”

Wigington sees extreme water rationing coming as soon as 2023. Once Lake Mead reaches “dead-pool” status, crops will die out, water will be unavailable for irrigation, and there will be no electrical power generation. Drought is causing water to evaporate at levels beyond what is reported in the mainstream media.

“This is a runaway train of total cataclysm, and those in power are preventing anyone from even discussing this issue down to the point that there is an illegal federal gag order on the nation’s weathermen at the National Weather Service and NOAA,” Wigington stated. The government would only place a gag order on reporters if there were something to hide. Climate engineering may be one of the new tools to fight future wars and control the population.

I’m adding this note: Some of this is real the water levels are dropping. Some of the rest is also possible because Bill Gates was testing this idea a while back.

China Banking Crisis & the Unsuspecting World


Armstrong Economics Blog/Interest Rates Re-Posted Jul 22, 2022 by Martin Armstrong

While authorities have accused a private financial group of misleading members of the public with promises of high-return wealth management products, what is not being said publicly is the fact that the rise in the dollar is a significant factor undermining emerging markets in which China participated. The Chinese government warned the provinces and private companies NOT to borrow dollars. Despite the fact that the Chinese government is portrayed as COMMUNIST still in the West, there would be no banking crisis if they were.

Many operations borrowed in dollars made the same fatal mistake I have witnessed since the 1980s. They sell these loans in a foreign currency with the expectation of saving money on interest. But the FX can be 20% to 40% within a 2-year period and there is NEVER any foreign exchange consideration. In addition to this FX crisis, the inexperience of people who think it is easy to be a money manager has discovered the reality of being inexperienced. This is why you find the standard clause in the West – past performance is no guarantee of future success.

Japan is once again the largest holder of US debt. This is NOT because they have been buying more, it is because China is selling off debt gradually because the dollar is high and the risk of war with the United States is rising by the day. Biden has already destroyed the world economy. It is now impossible to repair even if you vote for all Republicans 100%. The destruction of SWIFT has divided the world and has terminated Globalism. China is liquidating US debt gradually and rightly so. Beware of 2023 ahead. The people writing the scripts for Biden are ONLY concerned with climate change and have ZERO experience in geopolitics.

Henry Kissinger has been a critic of Biden on his war effort against Russia and China, or should I say the real president who is writing the scripts. EVERY President since Nixon has invited Henry to the White House EXCEPT Biden. Henry is the best geopolitical analyst I know of. I myself was called by my local Congressman asking me to fly to a meeting. I declined. But I asked why was I being called? I was told there is a serious lack of experience in Washington. I was stunned, to say the least. I have no desire to step into what has become a hateful confrontation in Washington that resembles a high school food fight in the cafeteria.

If you do not have eyes in the back of your head, you better learn how to use a rear-view mirror. The purpose of this blog is to help you to see that we are all connected. The old saying about Chaos Theory was that the flapping of a butterfly’s wings in Thailand can alter the weather cycle in Europe. The slightest alteration can produce a starkly different outcome. This is why I am often a critic with a different view when it comes to governments. Those at the helm are often LINEAR thinkers who see only one cause and effect that produces the future.

It is people like Klaus Schwab who think they are so intelligent that they can actually alter and shape the future. His entire premise of the 4th Industrial Revolution is that he can direct it and control it when creativity cannot be controlled or put on some schedule. A good trader learns from his mistakes. If he never made a mistake, then he will end up in a real crisis for he will assume he is always right and then lose it all.

Life is a learning process. We advance only as we learn and the mother of all invention is our mistakes. Learn well from them, if you wish to survive and stop blaming other people. That is the #1 problem with the goldbugs. They do not seek to understand, but just blame the bankers for why gold has not reached $10,000. They cannot advance because they look at the market objectively. That is a critical factor we learn in this journey we call life.

Japan Surpasses China as Top Holder of US Debt


Armstrong economics Blog/Economics Re-Posted Jul 22, 2022 by Martin Armstrong

For the first time since 2010, China holds less than $1 trillion in US debt. China held $980.8 billion in US debt in May, a $23 billion decline from April and a $100 billion decline from a year prior. In fact, the US Treasury Department noted that China has been reducing its holdings for the past six consecutive months.

Japan is now the top holder of US debt, reaching $1.212 trillion in May, marking a slight increase from $1.218 trillion in April. Total foreign holdings declined by $7.42 trillion in May as those who see what is coming want no part in government debt.

This did not go well for Japan in the past. You see, the USD remains the last safe haven among currencies. Rates are set to rise, other currencies are set to decline, and the countries left holding US debt will be forced to pay much more than intended. No one seems to understand this simple staple of FOREX.

China unloading US debt could indicate growing geopolitical tensions, which our models indicate could break out in 2023.