Category U. S. Open boarders

Jul 28 2022

Joe Manchin and Chuck Schumer Strike a Deal, $370 Billion for Green New Deal Energy Transition, Tax Increases to Pay for it and More IRS Agents


Posted originally on the conservative tree house on July 27, 2022 | Sundance

Two weeks ago, CTH warned everyone that Joe Manchin’s torpedoing of the $500 billion Green New Deal senate spending program was a head fake; he was always going to sign up to expand the control of the federal government over energy use.  Today Manchin and Chuck Schumer made it official.

The people operating the “energy transition” levers will get $370 billion to spend on bigger windmills, more solar panels and new energy programs to eliminate coal, oil and natural gas.  They will pay for it by raising taxes and hiring a new army of IRS enforcement officials.  In exchange for his vote, the federal government will pay increased health insurance subsidies for West Virginians and pass out lower priced medications.

There you go. Exactly as predicted.  Energy inflation will continue as the energy transition becomes a permanent feature.  Ironically, Joe Manchin made them change the name to “The Inflation Reduction Act,” and pushed the effective dates for all renewals past the 2024 election (where he plans to be a candidate against Gavin Newsom).

WASHINGTON – Joe Manchin and Senate Majority Leader Chuck Schumer on Wednesday reached a deal on a bill that includes energy and tax policy, a turnaround after the two deadlocked earlier this month in talks on Democrats’ marquee party-line agenda. In a joint statement, the two Democrats said the legislation will be on the Senate floor next week. It includes roughly $370 billion in energy and climate spending.

[…] The duo said their bill, dubbed “The Inflation Reduction Act of 2022,” would “fight inflation, invest in domestic energy production and manufacturing, and reduce carbon emissions by roughly 40 percent by 2030.” Moreover, as part of the agreement announced Wednesday, Schumer and Speaker Nancy Pelosi agreed to pass legislation governing energy permits.

[…] Democrats will raise revenues for the legislation by imposing a 15 percent corporate minimum tax, increasing IRS enforcement, reducing drug prices and closing the so-called carried interest loophole. Notably, the legislation also extends the Affordable Care Act subsidies through the 2024 election and the first term of Joe Biden’s presidency, taking a big political headache off the table for Democrats. (more)

Look deeper into the people in Joe Manchin’s life that are tied to the healthcare industry.  There you will find the familial beneficiaries of the deal. “Besides being Joe Manchin’s daughter, Heather Manchin Bresch, born 1969, spent several years as the CEO of Netherlands-based pharmaceutical company Mylan. She held the post from 2012, but stood down in November 2020, as a result of the company’s merging with Pfizer’s Upjohn outfit. Upon assuming the role, Heather Mamchin became the first woman to run a Fortune 500 pharmaceutical company.” LINK

The scheming strategery of Joe Manchin is as predictable as the scheming strategery of Mitch McConnell.

The two wings of the UniParty duck seem still on the surface.  This type of ploy is exactly how DC is able to operate, paddling forward furiously, just below the surface; and almost no one can see what is happening.

Once you see the strings on the political marionettes, you can never return to that moment in the performance when you did not see them.  However, because too few people see them, almost everyone congregates in the lobby during the mid-term intermission asking, “hey, when did Texas become dependent on windmills?”

Jul 28 2022

Fed Chair Announces Addition 0.75% Increase in Interest Rates and There will be More, After They Assess How Much Damage This Creates


Posted originally on the conservative tree house on July 27, 2022 | Sundance

While admitting that consumer spending had dropped; and while admitting that production of goods and services had “slowed significantly”; and while admitting that consumers have “lower real disposable incomes and tighter financial conditions; and while stating that “activity in the housing sector had weakened”, housing purchases have fallen; and while accepting that “business fixed investment seems to have declined in the second quarter,” Fed Chairman Powell announces his intention to continue targeting excessive demand.

If we accept that monetary policy can only impact the demand side of the economy (regulatory policy impacting the supply side); and if we accept all off the currently existing realities of a declining demand side, as outlined by Powell; then you might wonder what excessive demand is it that he’s targeting?   The answer to that question is the secret sauce.  They want less energy demand.   WATCH (2 mins):

The federal reserve, just like all the central banks around the collective western alliance, is trying to reduce the economy in order to reduce energy use.   This is the monetary policy side supporting the Build Back Better, Climate Change, regulatory policy side. {Go Deep}

They cannot admit openly what they are doing, but the bankers are trying to help the globalist politicians by shrinking their economy.  Raising interest rates into preexisting economic contraction is against their legislative mandate, because it only leads to unemployment and a smaller economy.

Powell is using the pretense of demand side inflation as a justification to raise interest rates.  It’s not demand driving inflation, it’s the energy policy.

Powell is managing the monetary side of the transition to a New Green Deal economy.

Powell is managing the economy into a recession to support the “energy transition”.

This is all being done on purpose.

[…] Mr. Powell said in his news conference following the Fed’s decision to raise rates by by 75 basis points that future rate decisions will be made on a meeting-by-meeting basis now that the federal funds rate target range is between 2.25% and 2.5%, which he deemed roughly neutral in terms of its impact on economic activity.

Mr. Powell said the 75-basis-point moves in June and July were unusually large and something similar at the September FOMC “could be appropriate.” But he said that the Fed can no longer provide “clear guidance” and will let the data determine what happens next. He said he still believes monetary policy will need to move to a restrictive stance and will likely be between 3% and 3.5% by year end. (LINK)

Jul 27 2022

Chinese on US Real Estate Spending Spree


Armstrong Economics Blog/Real Estate Re-Posted Jul 27, 2022 by Martin Armstrong

The Chinese are keen on investing in tangible assets, namely real estate. Canada implemented restrictions on foreign buyers after accusing them of the real estate shortage and sky-high prices. Chinese buyers are now targeting the American housing market. In fact, Chinese buyers outnumbered buyers from any other foreign country and spent over $6 billion on US real estate from April 2021 to March 2022. Canadians came in second for foreign home buyers, spending $5.5 billion in the same period.

The National Association of Realtors also noted that Chinese buyers tend to purchase more expensive properties, averaging over $1 million at a time when home prices were averaging under $400,000 (prices have risen since then). Around 31% of Chinese buyers selected properties in California and tend to choose wealthier areas for investments.

This is simply a means to park cash. Around 44% of foreign buyers purchased homes in all-cash deals. Non-resident foreign buyers were 60% likely to pay in cash compared to 30% of resident foreign buyers. Yes, this does mean that home prices will rise as foreign buyers can outbid most domestic buyers. This is good news for sellers who may have found themselves with no bid but disastrous for the average citizen who is struggling to find permanent shelter while paying for high rental properties that further remove them from the dream of homeownership.

One thing to consider is geopolitical relations. Look at how the US and others treated  Russian “oligarchs” this past year by seizing all their assets under the pretense of conspiracy. No actual crime needed to be committed for bank accounts and assets to be forfeited. Tensions are rising with China, namely over Taiwan, and it is not unreasonable to think that the US could pull the same move on another nation. The Chinese government is selling off US debt and slowly putting distance between itself and the current top economy. Private investors may follow suit if geopolitical tensions continue to rise.

Jul 27 2022

Is Europe Sleepwalking into its Demise?


Armstrong Economics Blog/European Union Re-Posted Jul 27, 2022 by Martin Armstrong

When the Allies crossed the border to invade Germany as WWII came to an end, the German population hung white sheets from the windows to signify their surrender. Just a few years before, the German people were told to celebrate the prospect of dominating Europe as retribution for the punishment they endured because of the war waged by the leaders before. The Prince of Savoy, who inspired the 2nd Amendment to the US Constitution, warned that war was inevitable because kings held standing armies, and they wanted to use them to get their money’s worth.

Today, the people of Europe were told that the euro would cure all things, even gout, and would lead to Europe surpassing the United States economically. They said the euro would kill the dollar once and for all. How dare this upstart country think it could surpass the majesty of Europe with centuries of history to support it.

Yet today, there is growing bewilderment within Europe. Even Germany has slipped into a disoriented state, with its leaders sleepwalking into a dark fate for Europe. World leaders seem to have forgotten everything from history class, or perhaps they cut that one to smoke a joint outside on campus. They have turned the economic success of generations to rebuild Europe into a declining trend pockmarked with rising authoritarianism. These leaders lack any sense of future other than the raw power they seem to cling to.

Even the Germans settled into a comfortable life, climbing to the top of the economic status within the EU and rising from the ashes with hard work. They were told to believe in their own accomplishments and their superiority within Europe and that their economic system was working perfectly. Sadly, the people were induced with success into a trend of self-deception. Leaders preached changing everything to a new Green world with intoxicating visions of saving the planet as a noble deed. The future would be one of zero emissions and tempered population control.

The people are starting to awaken while their leaders are still sleepwalking into their own destruction. Klaus Schwab believes this is the Fourth Industrial Revolution of AI and technology. His 8 points for 2030 are all really about the end of the Financial Age of endless borrowing with no intention of paying it back. It takes curiosity for innovation, not dehumanizing authoritarianism. The very cornerstone of civilization is we come together because it is mutually beneficial to all. Once we enter the world of Marxist Socialism, those in power have used it to divide us into classes and proclaim they are saints. The powerful are always concerned about only our welfare, which justifies their exercise of brute force. The very purpose of civilization has ceased to exist, warning that cyclically, we must crash and burn until we remember once again what makes a civilization great.

It is true that Julius Caesar crossed the Rubicon on January 10, 49 BC (49.02) to purge the corruption in the Republic, but corruption resurfaced. Because he forgave his enemies, they conspired and assassinated him on the Ides of March 44 BC (44.20), just 4.82 years later (250.6 weeks, 62 months). That resulted in another civil war and then the defeat of Mark Antony and Cleopatra at the Battle of Actium in 31 BC. Octavian became emperor officially with the title Augustus on January 16, 27 BC (27.04). The Julian Claudian dynasty ended with the death of Nero on June 9, 68 AD (68.43), lasting 95.47 years. Thus, there is never a permanent new era. There are cycles to everything, and forming the EU was also not something that would endure for 1,000 years and more than the Julio-Claudian Dynasty of Rome.

So while fools really think this New World Order will unfold and the dreams of Schwab will be realized, this idea of perpetual borrowing and kicking the can down the road has already come to an end. This is what Schwab is really saying – you will own nothing and be happy. That is foretelling the end of debt-supported government. They are moving on to the Modern Monetary Theory — print what you need when you need it. However, the sudden rise in inflation currently has caused some to question even this new MMT theory.

So as the West thinks it can wage conventional war and defeat Russia to bring it under the new authoritarian control of the United Nations, they are well aware that Ukraine is the MOST corrupt government in the world. Already, weapons handed to them are being stolen and sold on the black market, as took place in Afghanistan. Instead of people cruising around for five-week holidays, the price of gas is at $10 a gallon in Europe. With the increasing threat of war, the future is anything from comfortable. Europe is awakening to realize that guns and soldiers are once again back in demand. The vast industrial production of Germany that sold its products to consumers is staring at its demise, battling with two foes — climate change and war. Germany can no longer rely upon the industriousness of its people as its leaders try to paint a fairytale version of the future.

We warned at the Europe Conference that those who believed that this New World Order would actually unfold were fools. The consolidation of the world under the authority of the United Nations will never succeed. Unfortunately, a lot of people will die trying to bring this dream to fruition as they did the last time Marxism was attempted.

Jul 27 2022

Kamala Harris Clarifies Her Personage During White House Round Table


Posted originally on the conservative tree house on July 26, 2022 | Sundance

Just in case you were unaware Ms. Harris wants you to be aware:

“Good afternoon.  I want to welcome these leaders for coming in to have this very important discussion about some of the most pressing issues of our time.  I am Kamala Harris.  My pronouns are “she” and “her.”  I am a woman sitting at the table wearing a blue suit.”

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The cultural Marxists are working overtime to make people believe this is now the acceptable social norm.  It’s not, it’s just plain weird and goofy.

[Transcript] …”I’ve asked these leaders to come in so that we can discuss these issues and pay attention to the fact that the Dobbs decision and the act of the United States Supreme Court to take away a constitutional right, that had been recognized, from the people of America will impact a lot of people and differently in some situations.  And we need to be responsive to these issues and also lift up the voices of all people who will be impacted and the way that they will be impacted. So that’s why we are convened today.  And I will add a couple of points of the impact in terms of the direct impact that we anticipate there will be from the Dobbs decision”…

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Jul 25 2022

Neil Oliver, The Build Back Better Agenda is Anti Human, We Need to Start Calling Them Out


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

July 24, 2022 | Sundance | 205 Comments

Neil Oliver uses his weekly monologue to challenge the originating precept of the Great Reset, Build Back Better or New World Order, agenda. Get beyond the talking points and every policy from within the World Economic Forum instructions boils down to the quackery behind anti-humanism.

“The so-called Green Agenda is predicated on the rape of the earth for rare minerals, lithium and cobalt and more,” he points out. “Also, metals like copper, silver and gold. The extraction of those commodities means wholesale destruction of environments,” he adds. “Before a single turbine is raised or solar panel set in place, the sites are cleared and sterilized of all life. The turbines held up by massive plunks of concrete and while in action they kill millions of birds. When they come to the end of their working lives there’s nothing to be done with the colossal blades but to bury them in vast landfill sites.”  As Oliver notes all of this is being done under the hypocrisy of calling it “green”. WATCH:

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Jul 24 2022

How an Obsession with SAFETY Leads to Mental Illness & Tyranny – Academy of Ideas


After Skool Published originally on Rumble on April 23, 2022 

This video was made in collaboration with Academy of Ideas. They create videos explaining the ideas of history’s great thinkers in order to help supply the world with more knowledge, to empower the individual, and to promote freedom. Please check out their youtube channel for more brilliant content. https://www.youtube.com/c/academyofideas or visit their website to learn more https://academyofideas.com/

This video explores some of the philosophies which examine the prioritization of safety. What happens when we value safety above all other values? I hope you all enjoy!

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Jul 24 2022

WHO Leader Declares Monkeypox Global Health Emergency, Despite Majority of WHO Panel Experts Saying No to Emergency


Posted originally on the conservative tree house on July 23, 2022 | sundance


World Health Organization Director-General, Tedros Adhanom Ghebreyesus, declared a global health emergency for monkeypox today despite a majority of the assembled panel of experts voting 9-6 not to declare a global health emergency.

July 23 (Reuters) – The rapidly spreading monkeypox outbreak represents a global health emergency, the World Health Organization’s highest level of alert, WHO Director-General Tedros Adhanom Ghebreyesus said on Saturday.

The WHO label – a “public health emergency of international concern (PHEIC)” – is designed to trigger a coordinated international response and could unlock funding to collaborate on sharing vaccines and treatments.

Members of an expert committee that met on Thursday to discuss the potential recommendation were split on the decision, with nine members against and six in favour of the declaration, prompting Tedros himself to break the deadlock, he told reporters.

“Although I am declaring a public health emergency of international concern, for the moment this is an outbreak that is concentrated among men who have sex with men, especially those with multiple sexual partners,” Tedros told a media briefing in Geneva. (read more)

Jul 24 2022

Canada Joins the Netherlands in Operation Eat Bugs, Justin Trudeau Demands 30% Reduction in Nitrogen Farm Emissions


Posted originally on the conservative tree house on July 23, 2022 | sundance

You will switch to bugs, and you will like it.  After using government incentives and subsidies to build a new facility in London, Ontario, to manufacturer 9,000 metric tons of crickets for human consumption to replace cows, pigs and chickens, Canadian Prime Minister Justin Trudeau now triggers a series of nitrogen emission reduction regulations to target traditional farming.

Prime Minister Justin Trudeau is following the same roadmap as his political friend in the Netherlands, Dutch Prime Minister Mark Rutte, and the Canadian farmers are not happy about it.

CANADA – Saskatchewan and Alberta Ministers of Agriculture are expressing profound disappointment in the federal government’s fertilizer emissions reduction target.

“We’re really concerned with this arbitrary goal,” Saskatchewan Minister of Agriculture David Marit said. “The Trudeau government has apparently moved on from their attack on the oil and gas industry and set their sights on Saskatchewan farmers.”

“This has been the most expensive crop anyone has put in, following a very difficult year on the prairies,” Alberta Minister of Agriculture Nate Horner said. “The world is looking for Canada to increase production and be a solution to global food shortages. The Federal government needs to display that they understand this. They owe it to our producers.”

Fertilizer emissions reduction was not even a topic on the agenda of the annual meeting of Federal-Provincial-Territorial ministers of agriculture, who just finished 3 days of meetings in Saskatchewan. Provinces pushed the federal government to discuss this important topic, but were disappointed to learn that the target is already set. The commitment to future consultations are only to determine how to meet the target that Prime Minister Trudeau and Minister Bibeau have already unilaterally imposed on this industry, not to consult on what is achievable or attainable. (read more)

You will shut up, you will stop farming, and you will eat the bugs.

Another press release from the affected Fertilizer industry reads:

[…] “In initial conversations with Agriculture and Agri-Food Canada (AAFC), the government has stated their intention to pursue an absolute emissions reduction of 30%, rather than an emissions intensity reduction of 30%. This short-sighted approach to reducing emissions will result in the need to reduce nitrogen fertilizer use and will have considerable impact on Canadian farmers’ incomes and reduce overall Canadian exports and GDP.” (SEE MORE)

On the positive side, there is no indication yet, that Mexican President Andres Manuel Lopez-Obrador (AMLO) is in alignment with the Canadian proposals for farming.   Trudeau and his uber-leftists might be able to destroy the Canadian farmland; and there is a possibility Joe Biden might join Canada in trying to destroy U.S. farmland; however, it looks like Mexico is going to remain with the commonsense and pragmatic approach outside the western alliance idiocy.

You know we have walked through the looking glass when our minds turn to Mexico as a line of defense against globalist quackery and multinational corruption. Gasoline in Mexico is $3.12/gal.  Gasoline in the United States is $4.78/gal, AMLO explains why HERE.

Jul 23 2022

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.