Representative Elise Stefanik Elected by House GOP Conference 134-46 to Replace Liz Cheney as Conference Chairwoman


Posted originally on the conservative house on May 14, 2021 | Sundance | 270 Comments

There are some voices who are concerned about Elise Stefanik taking over as House GOP Conference Chairwoman.  Perhaps those concerns are founded, and each person obviously has a right to their opinion based on their perspective.  That said, perhaps the best course of action is to both enthusiastically support and simultaneously hold accountable; then watch to see if she holds true to the MAGA agenda.

President Trump had previously endorsed Elise Stefanik for the position and with that endorsement Mrs. Stefanik now carries the responsibility to advance and support the ‘America First’ agenda.   Today in her first remarks since being elected by a conference vote of 134-46 Representative Stefanik talked to the media.

Data Shows Massive Inflation Starting to Bite Middle-Class Hard, Unleaded Regular Gasoline Up 52 Percent, Fresh Fruits and Vegetables Rising Fast


Posted originally on the conservative tree house May 12, 2021 | Sundance | 206 Comments

As expected the high-turn consumable goods are starting to rise in price rapidly.  The Bureau of Labor and Statistics (BLS) has released the consumer price analysis from April (remember there’s a big lag) [Top Line Data Here – Detailed Sector Data Here]  The trend is rapid inflation continuing with no end in sight.  CORE inflation just jumped the most since 1982.

Overall prices are up 4.2 percent year-over-year, which is three times the rate of inflation under Joe Biden than under President Trump.  Inflation hurts the lower and middle economic class much harder; and the specific inflation sectors show massive increases on the goods and services that blue collar workers use most.

It is specifically the Biden economic policies that are to blame for the scale of these increased prices.  Inflation of this scale is an outcome of policy.

Biden is focused on helping multinationals and Wall Street; President Trump was focused on helping small businesses and Main Street.  We are now seeing the impact from these two differing economic priorities.

Regular unleaded gasoline is up a whooping 51.9 percent from last year [Table 7].  Higher gas prices directly hit the middle class the hardest and also increases the cost of transporting all goods.  Keep in mind this is a snapshot of prices approximately six weeks ago and gasoline prices have been rising even more rapidly recently.  Not good news.

The status of the economy, the employment picture and the stimulus money shows up in the cost of used vehicles rising over 22% last month and 21% compared to last year.  People are holding on to their vehicles and when able purchasing newer used vehicles, reflected in the lower inflation on new cars and trucks (2%).  Paycheck and wage security is becoming an issue again, especially with the cost of gasoline and food.

The inflation data in the food at home (grocery prices) doesn’t look too dramatic until you drill down into the faster turn fresh fruits and vegetables.  Citrus products up 7.8% (lemons, limes and oranges are very expensive) with fresh fruits overall increasing by 6.2%.  The less perishable food products, longer shelf life items, reflect slower inflation due to warehouse and shelf inventory (a natural lag).  However, the fresh fruits and vegetables carry the immediate price of higher energy and transportation costs.  Lettuce up 5.1% year over year. [TABLE 7 has the details]

The rapid increases in price for food and gasoline are hitting the middle-class hard.  This will have a downstream effect on more luxury items and durable goods.  Spend more on food/gas and you might not be able to purchase that new table you wanted.  Durable good inventories increase and layoffs in those sectors begin.

It will be very interesting to watch how the housing market responds over the next few months.  If the trendline continues we should see a considerable softening in home sales, again depending on region, as the inflation hits the working class – and the FED might respond by raising interest rates.

PRESIDENT TRUMP – “If there were long and horrible gas lines like this under President Trump, the Fake News would make it a national outrage! Did Joe Biden put Hunter in charge of our energy, with all of his Burisma experience? Even Energy Secretary Jennifer Granholm is lost!” (LINK)

Comments on May 8th


Armstrong Economics Blog/Understanding Cycles Re-Posted May 9, 2021 by Martin Armstrong

COMMENT: Marty; they took a new power on May 8th here in Canada. They are arresting pastors now as ring leaders for holding church services. This was a serious turning point in Canada on May 8th.

JH

COMMENT: A turning point for Canada’s history….This man is a hero.

JB

COMMENT: all this for arresting a priest !!!AS

COMMENT: Mr Armstrong.Thank you for your insight to global economics and posting great information, we need more people who are no afraid to challenge the corrupt system.I live in Alberta and it looks like the government is really cracking down on any discent. I don’t know if they are corrupt, stupid or a bit of both. They seem to have handed control over to the Medical Authorities and it’s a complete mess, we will never climb out of this hole.Latest is the arrest of a Church Pastor, this is just unbelievable. If a year ago someone told me this would be happening I could not have believed it.Artur Pawlowski and Dawid Pawlowski arrested after the Church serviceCOMMENT: Don’t think this is what you expected, but hey Socrates plays no favourites, but the biggest blast of Higher Frequency Resonance came in May 8, 2021.ACOMMENT: Here in Jerusalem protests have turned violent on May 8th.WJCOMMENT: I have watched your turning points for years. When Putin invaded Syria on the day of the model, it was just a blip. But that create the migration of people to Europe. Here in Australia, it was reported that the Chinese discussed weaponizing COVID back in 2015 The Weekend Australian. There are new strains of COVID appearing now. This may be the same result as the Syria event. Just perhaps biological weapons were released but don’t know it yet.BDCOMMENT: Marty, It just so happens on May 8th the White House acknowledged that there is a mysterious disease that has been affecting overseas personnel and it is now in the United States. Is this the biological weapon you mentioned?HYREPLY: Only time will tell.

Trump Was Wright – Trump Endorsed Candidate for Texas CD-06 Wins Special Election – Seat will Stay Republican, Race Now Goes To Runoff


Posted originally on the conservative tree house on May 2, 2021 | Sundance | 115 Comments

Representative Ron Wright died earlier this year and his death led to a special election.  The race to replace him drew almost two dozen candidates: 11 Republicans, 10 Democrats, 1 libertarian, 1 independent. The congressional district (CD-06) runs from southeast of the Dallas-Fort Worth area to rural Ellis and Navarro counties.  President Trump won the district in 2020 by three points.  [NYT Election Results]

The race was close throughout the special election and included Susan Wright the widow of the former congressman.  Susan Wright serves on the Texas State Republican Executive Committee.  In the homestretch President Trump stepped into the race and endorsed Susan Wright.  Trump’s endorsement pushed her over the top and she won last night within the crowded field.

There was a republican candidate who openly rejected Trump during the campaign; Michael Wood, a Marine Corps combat veteran and Arlington businessman.  Illinois DeceptiCon Adam Kinzinger stepped into the race and endorsed Wood.   The Trump endorsement won, the Kinzinger endorsement led to a 9th place finish… [Laughing]… go figure.

Internal polling showed that Rep. Jake Ellzey (R) was holding a slim lead over Wright until the Republican kingmaker, former President Donald Trump, weighed in.  Susan Wright and Jake Ellzey now go into a run-off.   Both are republicans which means the CD-06 seat will stay republican.

Imperial College is Responsible for Deaths & Economic Damage


Armstrong Economics Blog/Disease Re-Posted Apr 30, 2021 by Martin Armstrong

In the local press, a store owner in John’s Pass, one of the main tourist spots in the Tampa Bay area, wrote:

“This closure was the longest amount of time that our family business has been closed in nearly 100 years. Even WWII, even the oil spills, the red tides, the hurricanes, we were closed for periods of time, but we were never closed as long as we were closed for COVID, which was a little more than 40 days.”

It would seem that a class action lawsuit should be brought against Imperial College in Britain since it was their fake model and recommendation to lockdown society, which has NEVER been done in 6,000 years of recorded history. The total disregard for human rights and the economy are just grounds for bringing Imperial College to its knees and permanently shutting it down. ONLY such a lawsuit would lead to depositions and full discovery if they were inspired by anyone else to come up with that recommendation. Even governor DeSantis has come out and stated that the lockdowns were a mistake. The death toll is no worse in states that opened compared to those that kept the lockdowns going. Imperial College took money from Gates, and that is a conflict of interest.

Maricopa County, Arizona, Audit is Underway – Livestream CCTV Video and Links – Open Discussion Thread


Posted originally on the conservative tree house on April 24, 2021 | Sundance | 609 Comments

The Arizona Senates’ hand count of all 2.1 million Maricopa County ballots cast in November’s presidential election is underway.  You can watch all of the security cameras at THIS LINK.

The auditors are trying to be as transparent as possible knowing the outcome, if it turns out as predicted to find significant fraud, will be legally challenged. [Twitter Account Here]  There is also a YouTube livestream of the events as they take place

.Nine Camera CCTV System Here

President Trump released a statement earlier today requesting additional security for those conducting the audit:

New Zealand – Vaccinate or “Move on”


Armstong Economics Blog/Uncategorized Re-Posted Apr 16, 2021 by Martin Armstrong

PM Ardern has announced basically get vaccinated to work or move on.

Worldwide Freedom Protests Millions upon Millions of People Rising Up


Armstrong Economics Blog/Civil Unrest Re-Posted Mar 21, 2021 by Martin Armstrong

YouTube Banned any Reporting of the Worldwide Freedom Protest – These People are Anti-Human Rights

March 20th, 2021 has been a Worldwide Freedom March which of course the US Media IS CALLING as “far-right”or “MAGA” or “QAnon” related. The US press is so anti-Constitution or human rights they call anyone who disagrees with lockdowns as an “extremist” who they imply really should be imprisoned for daring to disagree with them. In London, where they cannot blame Trump, somewhere between 50,000 and 100,000 people came out without masks to peacefully protest. Others who have been charged criminally for just protesting and £10,000 fines imposed, have had even their PayPal accounts closed to prevent others from trying to even donate money to help them. This is just ruthless behavior and any journalist who puts out this propaganda is no different than those who worked for Lenin during the Russian Revolution.

Meanwhile, YouTube is hard at work at removing all videos that show peaceful protests around the world. Those in mainstream media have really become the enemy of freedom and the people. There were no links to QAnon worldwide. They just make this stuff up. The anti-Trump propaganda continues. Even in a local election for a Mayor, the Tampa Times called the Republican “a Trump Supporter” illustrating that there is no possible way Biden stands for unity. The only choice will end up with outright violence which is what our computer has been projecting for years.

The term “Black Friday” was not a reference to shopping. It was the Panic of 1869 when gold rallied to $162.50 an ounce and if you had deposited in the bank a $20 gold piece into your account and you when to withdraw it, the bankers refused to give you gold coins and handed you a $20 bill instead. The protests began with dragging bankers out to the street and hanging them. They had to send in the military to restore order. This is precisely what these politicians and the journalists are exposing themselves to. This suppression for Klau Schwab’s Great Reset will fail and the rising protests will result in blood in the streets. You cannot offer Guaranteed Basic Income to convince people to just stay home after they have lost everything.

In France, Macron has just announced a new lockdown of the capital. We have to eventually ask, just how far are these politicians willing to go to implement Schwab’s Great Reset? The Guardian Did not even mention that there was a worldwide protest showing that they have crossed over to the other side of outright tyranny. In Germany, DW.com reported that there were protests while infections are rising, never nothing to truthfully report that this is no more lethal than the flu. In Sweden, they reported that the protests would be violent, but were not.

In Amsterdam, the Military veterans joined and formed a line to protect the people from the aggressive police. I support they instructed by Trump or AQnon as well. This Worldwide

In Australia, they painted protesters claiming COVID does not exist in an attempt to paint all protesters are stupid and people should just submit. The turnout in Berlin was huge! Other protests taking place today included rallies around the world even in Bucharest, and all behind the old Iron Curtain, down to South Africa  Cape Town.

The count worldwide is many millions of people are out protesting around the globe. Resistance is NOT FUTILE as these people slowing realize that this is a deliberate effort to alter the economy. You cannot “Build Back Better” unless you first destroy it!

Pi Day is Here


Armstrong Economics Blog/ECM Re-Posted Mar 14, 2021 by Martin Armstrong

COMMENT: Marty, Happy Pi Day. This was your destiny since you grew up in a house numbered 314.

Cheers

HB

REPLY: Perhaps you are right. I never thought about Pi until I was trying to figure out how the model would work precisely at times to the very day as it did in 1987. I was dumbfounded. I had thought the 8.6 was just an average. I had no idea that it was a derivative of Pi – 8.615384615. But that is the way research should be conducted. I never began with a theory I was trying to prove and thus only looked for supporting data. I think all the great discoveries in human history are by accident.

I am working right now on The Geometry of Time. I am covering all the various people who have pondered even what is TIME from Aristotle to Richard Feynman and his proposition that antimatter is matter moving backward in TIME. I am trying to cover all the various methods over the centuries that many have looked at exploring TIME. I believe that cyclical analysis is the best way to ascertain a glimpse of TIME and the state of the future.

I am working hard to get this next book The Geometry of Time out and its companion the Discovery of the Business Cycle – The Economic Confidence Model.

A Young Aide to Governor Andrew Cuomo Becomes The Sixth Woman to Allege Sexual Harassment – Details of Groping Under Her Blouse


Posted originally on the conservative tree house March 10, 2021 | Sundance | 64 Comments

A sixth woman has come forward with details of sexual harassment by New York Governor Andrew Cuomo.

The Times Union – A female aide to Gov. Andrew M. Cuomo alleges he aggressively groped her in a sexually charged manner after she had been summoned to the Executive Mansion late last year, according to a person with direct knowledge of the woman’s claims.

The staff member, whose identity is being withheld by the Times Union, had been called to the mansion under the apparent pretext of having her assist the governor with a minor technical issue involving his mobile phone. They were alone in Cuomo’s private residence on the second floor when he closed the door and allegedly reached under her blouse and began to fondle her, according to the source.

The person, who is not authorized to comment publicly, said the woman — who is much younger than Cuomo — told the governor to stop. Her broader allegations include that he frequently engaged in flirtatious behavior with her, and that it was not the only time that he had touched her. (read more)