Biden Sending Another $2.2 Billion in Weapons to Ukraine


Posted originally on the CTH on January 31, 2023 | Sundance

According to a Reuters article, Joe Biden is going to send a massive $2 billion plus aid package to Ukraine with the $1.75 billion in direct purchase weapons from defense contractors. Included in the $1.75 billion package will be longer range rockets, with another $400 million in weapons coming directly from U.S. strategic military stockpiles.

This announcement from the White House is coming on the heels of several reports that Ukraine was having difficulty matching the Russian forward advanced rockets and munitions that were capable of hitting Ukraine targets from outside of Ukraine’s ability to return fire.

This weapons delivery is also coming on top of the U.S. paying for the Ukraine government to meet its financial obligations, payrolls and government worker pensions.

(Reuters) – WASHINGTON, Jan 31 – The United States is readying more than $2 billion worth of military aid for Ukraine that is expected to include longer-range rockets for the first time as well as other munitions and weapons, two U.S. officials briefed on the matter told Reuters on Tuesday.

The weapons aid is expected to be announced as soon as this week, the officials said. It is also expected to include support equipment for Patriot air defense systems, precision guided munitions and Javelin anti-tank weapons, they added.

One of the officials said a portion of the package, expected to be $1.725 billion, would come from a fund known as the Ukraine Security Assistance Initiative (USAI), which allows President Joe Biden’s administration to get weapons from industry rather than from existing U.S. weapons stocks.

The USAI funds would go toward the purchase of a new weapon, the Ground Launched Small Diameter Bomb (GLSDB) made by Boeing Co (BA.N), which have a range of 94 miles (150 km). The United States has rebuffed Ukraine’s requests for the 185-mile (297-km) range ATACMS missile.

[…] GLSDB is made jointly by SAAB AB (SAABb.ST) and Boeing. It combines the GBU-39 Small Diameter Bomb (SDB) with the M26 rocket motor, both of which are common in U.S. inventories.

[…] GLSDB is GPS-guided, can defeat some electronic jamming, is usable in all weather conditions, and can be used against armored vehicles, according to SAAB’s website. The GBU-39 – which would function as the GLSDB’s warhead – has small, folding wings that allow it to glide more than 100km if dropped from an aircraft and hit targets as small as 3 feet (1 meter) in diameter.

The USAI funds would also be used to pay for more components of HAWK air defenses, counter drone systems, counter artillery and air surveillance radars, communications equipment, PUMA drones, and spare parts for major systems like Patriot and Bradley, one of the officials said. (read more)

Civilians Are Always At Risk in War


Armstrong Economics Blog/War Re-Posted Jan 31, 2023 by Martin Armstrong

Patrick Lancaster has been doing a good job of reporting from Ukraine and he is not part of the BS propaganda that dominates the airwaves. There are always twice as many civilians who die in war than soldiers. There are soldiers who have come back from war and are just traumatized because they killed children often by mistake. Nobody wants to expose the true horrors of war. Perhaps that is why our leaders pretend we can destroy Russia with no casualties on our side.

Dolly Parton – Don’t Make Me Have To Come Down There


Armstrong Economics Blog/Religion Re-Posted Jan 30, 2023 by Martin Armstrong

There is a rising tide around the world who see what our world leaders are doing and they are doing their best to create World War III. I would like to think enough people will start screaming at our leaders, but our computer makes it clear there is no gain, without the pain.

Australian Aid Worker/Mercenary in Ukraine Gives Different Account of War, Russian Success Against Western Alliance and Chinese Assistance


Posted originally on the conservative tree house on January 30, 2023 | Sundance

Several people have sent this video interview requesting opinion.  The video reflects an interview between two Australians.  The interviewer is a podcaster the person being interviewed explains his background on the ground in Ukraine as “officially” an “aid worker,” however, what he describes is more like a mercenary.

The interview is rather lengthy and starts at 02:13 with a question about what is happening in Bakhmut in the Eastern Ukraine fighting battlefield.  The unknown Australian merc in the interview describes the Russians overwhelming the Ukraine forces in most battles.  The Ukrainian military units have made several strategic mistakes that have played into the hands of the more capable Russian forces.

The main Russian element being described is the Wagner group who are well known to be brutal and strategic special force fighters.  The interview is from a pro-Ukraine, pro-western alliance perspective.  However, in the bigger picture the Ukraine military units are being ground down by attrition, despite the massive amount of aid being delivered by NATO allies.  The description is a rather brutal assessment of the devastation created by horrific modern warfare.  WATCH:

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Summary: Ukraine not winning. Wagner PMC/Russian tactics and technology vs. Ukraine. Chinese tech advisors helping Russians. Non-existant Medi-vac. Western Military Aid Stolen 60% off the top 40% sold on black market. Russian Artillery Domination. Ukrainian Officers Incompetence. Ukrainian Soldiers Lack Basic Equipment.

Sunday Talks, Speaker Kevin McCarthy -vs- Margaret Brennan


Posted originally on the CTH on January 29, 2023 | Sundance

With talking points in hand CBS’s Margaret Brennan drops all pretenses and goes straight into her role as defender of the Biden regime in the White House.

House Speaker Kevin McCarthy appears on Face the Nation for a dueling narrative contest with Ms. Brennan.  WATCH (transcript below):

[Transcript] -Mr. Speaker, good morning to you.

REPRESENTATIVE KEVIN MCCARTHY (R-California): Good morning. Thanks for having me back in studio.

MARGARET BRENNAN: It must be sobering to hear that reminder.

REPRESENTATIVE KEVIN MCCARTHY: Well, it took me a little while to get there, but it feels good.

(LAUGHTER)

MARGARET BRENNAN: Well, you are here now at this key moment in time. And I want to get to some of the top agenda items.

You have accepted an invitation to meet with President Biden. When will that happen, and what offer will you put on the table?

REPRESENTATIVE KEVIN MCCARTHY: Well, we’re going to meet this Wednesday.

I know the president said he didn’t want to have any discussions, but I think it’s very important that our whole government is designed to find compromise. I want to find a reasonable and a responsible way that we can lift the debt ceiling, but take control of this runaway spending.

I mean, if you look at the last four years, the Democrats have increased spending by 30 percent, $400 billion. We’re at a 120 percent of GDP. We haven’t been in this place to debt since World War 2. So we can’t continue down this path.

And I don’t think there’s anyone in America who doesn’t agree that there’s some wasteful Washington spending that we can eliminate.

MARGARET BRENNAN: Mm-hmm.

REPRESENTATIVE KEVIN MCCARTHY: So, I want to sit down together, work out an agreement that we can move forward to put us on a path to balance, at the same time, not put any — any of our debt in jeopardy at the same time.

MARGARET BRENNAN: But avoid a default, in other words?

REPRESENTATIVE KEVIN MCCARTHY: Yes.

MARGARET BRENNAN: But do you have any indication that the president is willing to discuss both lifting the debt ceiling and the issue of future spending?

REPRESENTATIVE KEVIN MCCARTHY: Well, if he’s changed his mind from his whole time in the Senate and vice president before — I mean, he literally led the talks in 2011 and he praised having those talks. This is what he’s always done in the past.

And if he listens to the American public, more than 74 percent believe we need to sit down and find ways to eliminate this wasteful spending in Washington. So, I don’t believe he would change his behavior from before, and I know there’s a willingness on our side to find a way that we can find a reasonable and responsible way to get this done.

MARGARET BRENNAN: But, right, I mean, you know why I’m asking that…

REPRESENTATIVE KEVIN MCCARTHY: Yes.

MARGARET BRENNAN: … in terms of not linking one as leverage for the other.

REPRESENTATIVE KEVIN MCCARTHY: Yes.

Well, in my first conversation — and, to be fair, the president, when he called me to congratulate winning speaker, this is one of the first things I brought up to him. And he said we’d sit down together.

Now, I know his staff tries to say something different, but I think the president is going to be willing to make an agreement together.

MARGARET BRENNAN: Well, we’ll watch for that on Wednesday.

REPRESENTATIVE KEVIN MCCARTHY: I’m hopeful, yes.

MARGARET BRENNAN: I want to dig into what you are willing to put on the table because Republicans campaigned on fiscal responsibility.

You promised you won’t spend more next year than you did last year. Are you willing to consider any reductions to Social Security and Medicare?

REPRESENTATIVE KEVIN MCCARTHY: No. Let’s take those off the table. We want to…

MARGARET BRENNAN: Completely?

REPRESENTATIVE KEVIN MCCARTHY: Yes.

I mean, if you read our commitment to America, all we talk about is strengthening Medicare and Social Security. So — and I know the president says he doesn’t want to look at it, but we’ve got to make sure we strengthen those. I think…

MARGARET BRENNAN: What do you mean by strengthen them? You mean lift the retirement age, for example?

REPRESENTATIVE KEVIN MCCARTHY: No, no, no.

What I’m talking about, Social Security and Medicare, you keep that to the side. What I want to look at is, they’ve increased spending by 30 percent, $400 billion, in four years. When you look at what they have done, adding $10 trillion of debt for the next 10 years in the short time period, if you just look a month ago, they went through and they never even passed a bill through appropriations in the Senate.

While Mr. Schumer has been leader, he’s never passed a budget. He’s never passed the appropriation bill. He simply waits to the — to the end of the year and allowed two senators who are no longer here to write a $1.7 trillion omnibus bill. I think we…

MARGARET BRENNAN: You want to work with Democrats to come to agreement on a budget?

REPRESENTATIVE KEVIN MCCARTHY: Yes.

MARGARET BRENNAN: Is that what you’re saying?

REPRESENTATIVE KEVIN MCCARTHY: Yes, I — I first think our very first responsibility, we both should have to pass a budget. We both should have to pass the appropriations bill, so the country can see the direction we’re going.

But you cannot continue the spending that has brought this inflation, that has brought our economic problems. We’ve got to get our spending under control.

MARGARET BRENNAN: OK, just fact-check, though, 25 percent of the debt was incurred during the last four years of the Trump presidency. I mean, this is cumulative debt over many, many years.

REPRESENTATIVE KEVIN MCCARTHY: Yes, well, over the short — this time period.

MARGARET BRENNAN: Yes.

REPRESENTATIVE KEVIN MCCARTHY: But you’ve also found that you had a pandemic.

MARGARET BRENNAN: Right.

REPRESENTATIVE KEVIN MCCARTHY: And, as that pandemic comes down, those programs leave. I have watched the president say he cut it.

No, it is spending $500 billion more than what was projected. They have spent more. And we’ve got to stop the waste.

MARGARET BRENNAN: Is defense spending on the table?

REPRESENTATIVE KEVIN MCCARTHY: Well, look, I — I want to make sure we’re protected in our defense spending, but I want to make sure it’s effective and efficient.

I want to look at every single dollar we’re spending, no matter where it’s being spent. I want to eliminate waste wherever it is.

MARGARET BRENNAN: But when you became speaker, you did come to that agreement I have referenced of capping ’24 spending at ’22 levels.

REPRESENTATIVE KEVIN MCCARTHY: Well, look, listen…

MARGARET BRENNAN: So that would call for reductions.

REPRESENTATIVE KEVIN MCCARTHY: Well, I mean, look, you’re going to tell me, inside defense, there’s no waste? Others? I mean…

(CROSSTALK)

MARGARET BRENNAN: So defense spending is up for negotiation?

REPRESENTATIVE KEVIN MCCARTHY: They spend a lot of — I think everything, when you look at discretionary, is sitting there.

It’s like every single household. It’s like every single state. We shouldn’t just print more money. We should balance our budget. So I want to look at every single department. Where can we become more efficient, more effective, and more accountable? That should be…

MARGARET BRENNAN: So, more efficiencies in Social Security and Medicare as well?

REPRESENTATIVE KEVIN MCCARTHY: The one thing I want to say, we take Social Security…

MARGARET BRENNAN: Completely?

REPRESENTATIVE KEVIN MCCARTHY: … and Medicare off the table.

MARGARET BRENNAN: Would you support a short-term debt limit extension until September, buy more time for talks?

REPRESENTATIVE KEVIN MCCARTHY: Look, I don’t want to sit and negotiate here.

I would rather sit down with the president, and let’s have those discussions. The one thing I do know is, we cannot continue the waste that is happening. We cannot continue just to spend more money and leverage the debt of the future of America.

MARGARET BRENNAN: Right.

REPRESENTATIVE KEVIN MCCARTHY: We’ve got to get to a balanced budget.

MARGARET BRENNAN: Well, and I think many people would agree with you on the issue of fiscal responsibility, but there’s that deadline on the calendar in terms of facing potential default.

Are you saying…

REPRESENTATIVE KEVIN MCCARTHY: Well, wait. Wait a minute…

MARGARET BRENNAN: … you will guarantee the United States will not do that?

REPRESENTATIVE KEVIN MCCARTHY: Listen, we’re not going to default.

But let me be very honest with you right now. So we hit the statutory date. But let’s take a pause. We have hundreds of billions of dollars. This won’t come to fruition until sometime in June. So the responsible thing to do is sit down like two adults and start having that discussion.

MARGARET BRENNAN: Mm-hmm.

REPRESENTATIVE KEVIN MCCARTHY: Unfortunately, the White House was saying before, like, they wouldn’t even talk.

MARGARET BRENNAN: Right.

REPRESENTATIVE KEVIN MCCARTHY: I’m — I’m thankful that we’re meeting on Wednesday, but that’s exactly what we should be doing.

And we should be coming to a responsible solution. Every family does this. What is — what has happened with the debt limit is, you reached your credit card limit. Should we just continue to raise the limit? Or should we look at what we’re spending?

MARGARET BRENNAN: Well, it’s paying past commitments.

REPRESENTATIVE KEVIN MCCARTHY: If Chuck Schumer — yes, but if — no, no.

Chuck Schumer never passed a budget since he’s been leading. He’s never passed an appropriation bill. Those are the most basic things that Congress should do. And what — if you’re going to show to the American public where you want to spend your money, and if you’re going to ask the hardworking taxpayer for more of their money, you first should lay out how you’re going to spend it, and you should eliminate any waste, so you don’t have to raise more taxes.

MARGARET BRENNAN: But just to put a fine point on it, because it matters a lot to the markets in particular, you will avoid a default? You will not let that happen on your watch?

REPRESENTATIVE KEVIN MCCARTHY: Look, there will not be a default.

But what is really irresponsible is what the Democrats are doing right now, saying you should just raise the limit.

MARGARET BRENNAN: But would you…

REPRESENTATIVE KEVIN MCCARTHY: I think…

MARGARET BRENNAN: Would you get in the way — if 15 Republicans came to you and said they would be willing to raise the debt limit…

REPRESENTATIVE KEVIN MCCARTHY: The only person — but let me be very clear.

MARGARET BRENNAN: … would you allow them to do so with Democrats?

REPRESENTATIVE KEVIN MCCARTHY: The person — the only person who is getting in the way right now is the president and Schumer. They won’t even pass a budget. They won’t even negotiate. We have now until June.

I want to make sure we have something responsible, something that we can move forward on and something that we can balance our debt with. So I’m looking for sitting down. That’s exactly what I have been asking for. The only one who’s playing with the markets right now is the president to have the idea that he wouldn’t talk.

Does the president really believe and, really, all your viewers, do you believe there’s no waste in government? Do you believe there was no waste in that $1.7 trillion? That’s what we were spending just four weeks ago. So, I think the rational position here is, sit down, eliminate the waste and put us on a path to balance.

MARGARET BRENNAN: We’ll watch for that meeting on Wednesday.

I want to ask you about your vision of leadership. You made a number of deals within your party to win the speakership. Senator Mitch McConnell, your Republican colleague, said: “Hopefully McCarthy was not so weakened by all this that he can’t be an effective speaker.”

How can you effectively govern with a very narrow majority and when your conference is so divided?

REPRESENTATIVE KEVIN MCCARTHY: Well, that may be somebody else’s opinion. So let’s just see what my father always said. It’s not how you start. It’s how you finish.

So, let’s — you see what happened in the first week. So, in the very first week, we have passed what? We repealed the 87,000 IRS agents. We bipartisanly created a new Select Committee on China, where 146 Democrats joined with us.

We bipartisanly passed to stop the Strategic Petroleum Reserve being sold to China, where 113 Democrats joined with us. We have just now, for the first time on the House — it hasn’t happened in seven years, the entire time the Democrats were in the majority, where you had an open rule.

And let me explain what that is. An open rule allows every single member of the House to offer an amendment on a bill. So what I’m trying to do here is let every voice in America have their ability inside the House. We opened the House back up so the public could actually join.

MARGARET BRENNAN: So you’re arguing you haven’t been weakened? But…

REPRESENTATIVE KEVIN MCCARTHY: I — no, it’s only been strengthened.

Maybe people didn’t like what they saw that we didn’t win on the very first vote, but that was democracy. And what you found at the end of the day, we’re actually stronger.

MARGARET BRENNAN: Well, I would…

REPRESENTATIVE KEVIN MCCARTHY: You know what else?

MARGARET BRENNAN: Yes.

REPRESENTATIVE KEVIN MCCARTHY: We changed it where members of Congress now have to show up for work. I know, in the Senate, they don’t come very often.

But if you look what we’ve been able to do, we’re transforming Congress. We’re looking for solutions.

MARGARET BRENNAN: But you also allowed one — just one member now can force a vote to oust you as speaker.

REPRESENTATIVE KEVIN MCCARTHY: OK.

MARGARET BRENNAN: How can you expect to serve in the next two years in this role?

REPRESENTATIVE KEVIN MCCARTHY: Exactly how every other speaker has served with that.

MARGARET BRENNAN: Without those rules like that right now.

REPRESENTATIVE KEVIN MCCARTHY: No.

MARGARET BRENNAN: That’s a risk.

REPRESENTATIVE KEVIN MCCARTHY: OK.

MARGARET BRENNAN: I mean, do you really think you can control the Freedom Caucus and some of those more conservative members who gave you such a hard time?

REPRESENTATIVE KEVIN MCCARTHY: Everybody has a voice.

But let me — let me explain that. That one vote to vacate, that’s not new. That’s been around for 100 years. The only person who took it away when they got a small majority was Nancy Pelosi. So, Nancy felt she did not have the power to stay in office if that was there. I’m very comfortable in where we are.

MARGARET BRENNAN: OK.

REPRESENTATIVE KEVIN MCCARTHY: So I don’t have any fear in that.

MARGARET BRENNAN: You don’t regret any of the concessions you made?

REPRESENTATIVE KEVIN MCCARTHY: The only concession I made was taking it from five to one, where it’s been around for 100 years.

MARGARET BRENNAN: I want to ask you about some of the makeup of your caucus.

REPRESENTATIVE KEVIN MCCARTHY: Yes.

MARGARET BRENNAN: According to CBS records, 70 percent of the House GOP members denied the results of the 2020 election.

You’ve put many of them on very key committees, Intelligence, Homeland Security, Oversight. Why are you elevating people who are denying reality like that?

REPRESENTATIVE KEVIN MCCARTHY: Well, if you look to the Democrats, their ranking member, Raskin, had the same thing, denied Trump when Bush was in there. Bennie Thompson, who was the…

(CROSSTALK)

MARGARET BRENNAN: Did you see those numbers we just put up there?

REPRESENTATIVE KEVIN MCCARTHY: Did you see the — yes.

MARGARET BRENNAN: Seventy percent.

REPRESENTATIVE KEVIN MCCARTHY: Did you also be fair and equal and where you looked at Raskin did the same thing. Bennie Thompson, who’s a ranking member and was the chair?

These individuals were chair in the Democratic Party.

MARGARET BRENNAN: I’m asking you, as leader of Kevin McCarthy’s House…

REPRESENTATIVE KEVIN MCCARTHY: But I’m also — I’m also…

MARGARET BRENNAN: … why you made these choices. These were your choices.

REPRESENTATIVE KEVIN MCCARTHY: Yes, They’re my choices, but they’re the conference choices.

But I’m also asking you, when you look to see just Republicans, Democrats have done the same thing. So maybe it’s not denying. Maybe it’s the only opportunity they have to have a question about what went on during the election.

So, if you want to hold Republicans to that equation, why don’t you also hold Democrats? Why don’t you hold Jamie Raskin? Why don’t you hold Bennie Thompson, when Democrats had appointed them to be chair? I never once heard you ask Nancy Pelosi or any Democrat that question when they were in power in the majority, when they questioned…

MARGARET BRENNAN: You’re talking about things going back to 2000, which was a time…

REPRESENTATIVE KEVIN MCCARTHY: Well, you’re talking about…

MARGARET BRENNAN: … when I didn’t have this show back then…

REPRESENTATIVE KEVIN MCCARTHY: Yes.

MARGARET BRENNAN: … which is why I’m asking you now about your leadership.

REPRESENTATIVE KEVIN MCCARTHY: No, on, but they were — they were in power last Congress. So, why — why…

MARGARET BRENNAN: But you’re talking about questions from 2000 election.

REPRESENTATIVE KEVIN MCCARTHY: But you’re asking me about that happened to another Congress.

MARGARET BRENNAN: About these choices you just made, you just made.

REPRESENTATIVE KEVIN MCCARTHY: You’re asking about questions for another Congress.

So, the only thing I’m simply…

MARGARET BRENNAN: This is your Congress.

REPRESENTATIVE KEVIN MCCARTHY: These — these are members who just got elected by their constituents, and we put them into committees, and I’m proud to do it.

MARGARET BRENNAN: Let me ask you about some specifics then. Marjorie Taylor Greene, you put her on a new subcommittee to investigate the origins of COVID.

REPRESENTATIVE KEVIN MCCARTHY: Yes.

MARGARET BRENNAN: She compared mask requirements to the type of abuse Jews were subjected to during the Holocaust. She called for Fauci to be arrested and imprisoned, and she spread conspiracy theories.

How is anyone supposed to take that work seriously and find that work credible?

REPRESENTATIVE KEVIN MCCARTHY: Very well. You look at all of it, so you have all the questions out there. I think what the American public…

MARGARET BRENNAN: You think these are legitimate questions?

REPRESENTATIVE KEVIN MCCARTHY: I think what the American public wants to see is an open dialogue in the process. This is a select committee where people can have all the questions they want, and you’ll see the outcome.

MARGARET BRENNAN: You know that there is a lot of doubt about institutions and faith in institutions in this country.

REPRESENTATIVE KEVIN MCCARTHY: Oh, yes, when you saw what happened in Congress where they had proxy voting, where bills didn’t go through committees, and you…

(CROSSTALK)

MARGARET BRENNAN: I don’t think most people know what proxy voting is.

REPRESENTATIVE KEVIN MCCARTHY: Well, let — well let — Well, let’s explain what proxy…

MARGARET BRENNAN: But — but approval…

(CROSSTALK)

REPRESENTATIVE KEVIN MCCARTHY: But I think it would be fair to your viewers…

MARGARET BRENNAN: Approval level, according to Gallup, of Congress is at 22 percent. Approval level of journalists is also not very high, I will give you that.

But doesn’t it further wear down credibility when you put someone who is under state, local, federal, and international investigation as a representative of your party on committees?

REPRESENTATIVE KEVIN MCCARTHY: Are you talking about Swalwell?

MARGARET BRENNAN: I’m talking about George Santos…

REPRESENTATIVE KEVIN MCCARTHY: No, I…

MARGARET BRENNAN: … representative from New York.

REPRESENTATIVE KEVIN MCCARTHY: Well, we should have that discussion. So let’s have that discussion.

You want to bring up Santos, and let’s talk about the institution itself, because I agree wholeheartedly that Congress is broken. And I think your — I think your listeners or viewers should understand what proxy voting was, because it never took place in Congress before.

MARGARET BRENNAN: But I’m asking you about George Santos.

REPRESENTATIVE KEVIN MCCARTHY: I know you asked me a question. Let me ask you.

MARGARET BRENNAN: Because you could put it to a vote to try to oust him.

REPRESENTATIVE KEVIN MCCARTHY: You asked me a question. I would appreciate if you let me answer.

So let’s go through this, because it’s not one simple answer. Congress is broken, based upon what has transpired in the last Congress. The American public wasn’t able to come in to see us. People voted by proxy, meaning you didn’t have to show up for work, Bills didn’t go — have to go through committee.

So what I’m trying to do is open the people’s house back for the people so their voice is there, so people are held accountable.

So, now, as I just had in the last week, for the first time in seven years…

MARGARET BRENNAN: Yes.

REPRESENTATIVE KEVIN MCCARTHY: … every member got to vote.

MARGARET BRENNAN: If you got a third of your caucus to vote to oust him, you could do so.

(CROSSTALK)

MARGARET BRENNAN: Do you — you don’t think you could get your Republicans to do that?

REPRESENTATIVE KEVIN MCCARTHY: I wasn’t finished answering the question.

So, if every single new person brought into Congress was elected by their constituents, what their constituents have done is lend their voice to the American public. So those members can all serve on committee.

Now, what I’m trying to do is change some of these committees as well, like the Intel Committee is different than any other committee.

MARGARET BRENNAN: So, you’re just not going to answer the question I asked?

REPRESENTATIVE KEVIN MCCARTHY: Well, no, I — no, you don’t get a question whether I answer it. You asked a question. I’m trying to get you through that.

MARGARET BRENNAN: I don’t think you’ve said the name George Santos, like, once.

(LAUGHTER)

MARGARET BRENNAN: I have asked you a few times.

REPRESENTATIVE KEVIN MCCARTHY: But you know what? I just — but — but…

MARGARET BRENNAN: You’re talking about proxy voting and other things.

REPRESENTATIVE KEVIN MCCARTHY: No, no, no, but — no, you started the question with Congress was broken, and I agreed with you.

MARGARET BRENNAN: No. Congress…

REPRESENTATIVE KEVIN MCCARTHY: But I was answering the question of how Congress is broken and how we’re changing it.

So, if I can finish the question that you asked me, how Congress is broken, I equated every single member…

MARGARET BRENNAN: Yes.

REPRESENTATIVE KEVIN MCCARTHY: … that just got elected by their — by their constituents. They have a right to serve.

MARGARET BRENNAN: OK.

REPRESENTATIVE KEVIN MCCARTHY: So that means that Santos can serve on a committee…

MARGARET BRENNAN: OK.

REPRESENTATIVE KEVIN MCCARTHY: … the same way Swalwell, who had a relationship with a Chinese spy.

MARGARET BRENNAN: Speaker…

REPRESENTATIVE KEVIN MCCARTHY: But they will not serve on Intel, because I think…

(CROSSTALK)

MARGARET BRENNAN: They’re wrapping me in the control room, because we have a break.

REPRESENTATIVE KEVIN MCCARTHY: Well that’s unfortunate. I wish I could answer the question.

MARGARET BRENNAN: I have to leave it there. I would love to have you back.

REPRESENTATIVE KEVIN MCCARTHY: I would love to be able to come back and have time to answer the questions.

MARGARET BRENNAN: OK. We’ve spent a lot of time here, and I have more questions for you.

But I got to go.

Israel Attacks Iran


Armstrong Economics Blog/War Re-Posted Jan 29, 2023 by Martin Armstrong

We are getting reports that Israel has launched drone attacks on Iran in an attempt to prevent it from achieving nuclear weapons. We are also getting disturbing reports from Asia. This General has come out and said there will be war with China by 2025 which has sparked an avalanche of emails asking if they are using our model, all I can say is everyone looks at it. Yes, we see international war at its worst between 2025 into 2027. But things are to begin here in 2023.

I laid this out at our 2011 WEC in Philadelphia. These are our COMPUTER forecasts – not my personal opinion. I am not in the business of trying to get people to buy something and scaring them into something to separate them from their money. I certainly do not run advertisements claiming this is the guy that predicted WWII do what does he say now!

Personally, I wish this was not happening. I have tried my best to argue against this, but the people we have cheering for war are just insane. Every war is longer and far worse than people think going in. Every war results in twice as many civilians being killed than soldiers.

When I was 13 and went to Europe with my family, etched into my memory was when I was staring at the bullet holes in a wall in Berlin. An old guy came up to me and started yelling – “You did that!” I saw the hatred in his eyes – the scare of war.

There are ONLY three ways to prevent World War III.

  • (1) the West stops this BS, honors the Minsk Agreement, lets the Donbas vote on their own status, or
  • (2) The Ukrainian overthrew Zelensky who was elected promising peace with Russia.
  • (3) Russia nukes Kyiv and pounds its chest asking – Is this where you want to go?

This insanity thinking that Russia can be easily defeated, we occupy Russia with troops, and peace will return is a fool’s dream. There are far more nationalists waiting to grab power and they will just as soon push the button and wipe out all of Europe no different than the dreams of American Neocons. Do you really want Russia in chaos and civil way with more than 6,000 nuclear weapons on the loose? Nobody seems to have thought about what really happens here.

None of this is my PERSONAL desire or forecast. My job is only to lay out what the computer projects.

Retired Col. Douglas MacGregor Discusses Status of Ukraine War and Background of Biden Sending Abram M-1 Tanks


Posted originally on the conservative tree house January 26, 2023 | Sundance 

Col. Doug MacGregor appears with Judge Andrew Napolitano to explain the complexity of the tanks Biden has pledged to Ukraine.  Additionally, MacGregor gives a different perspective than western media about the status of the war in Ukraine, the position and motive of the Russians and the overall status of the EU and NATO coalition.

MacGregor emphasizes that what the western public are told about the war is not consistent with the reality what is taking place on the ground in Ukraine.  The term ‘hybrid warfare,’ which includes the U.S. State Dept. pushing a very specific propaganda message to the media, eventually runs into the reality of actual war fighting on the ground that is far more conventional.

The U.S. led NATO alliance may be winning the narrative, as outlined by media; however, the Russians are winning the actual fighting on the ground in Ukraine.  In addition to noting the Russian cultural aspects of the conflict, Col MacGregor gives some somber analysis about how dangerous this is becoming as the U.S. political voices are not willing to concede or admit anything that runs counter to their promoted narrative.  WATCH (prompted):

Hoards Are Vital to our Understanding of History


Armstrong Economics Blog/Ancient Economies Re-Posted Jan 26, 2023 by Martin Armstrong

QUESTION: Why do you buy hoards? It is interesting. Just curious.

JY

ANSWER: The coinage is the ONLY way to truly confirm the history. Much of the most important periods like the 3rd century AD, the fall of the Republic, or the Revolution during the Debt Crisis of the 1st century BC known as the Social War, can only be properly understood through the coinage lacking really detailed accounts of financially what was taking place. By recreating the monetary system using coinage, I was able to answer the question – How did Rome Fall? Gradually? Or Catastrophically? By assembling all the coinage, and testing it out, I could establish what nobody else could due using documents or archaeological digs. Rome collapsed in just 8.6 years.

That was then observed in testing and using the same methods around the world. The collapse of the English coinage that inspired Gresham’s Law, bad money drives out good, also took just 8 years.

The Great Monetary Crisis of 1092 saw the gold content collapse also in just 8 years. The same pattern has unfolded time and time again. History repeats NOT because of wars or abstract theories. It repeats simply because human nature never changes – on technology.

The computer was about to forecast the fall of Communism in 1989.95 and it spread and took down the Berlin wall a few months after Tiananmen Square. People attributed that to modern communication. That was nonsense, The Roman Republic fell in 509 BC, and in the same few months in Athens, they too overthrew their tyrants, and Democracy was born.

The question is NOT how fast the information spreads. It could have traveled from Rome to Athens in a few days. The real question is how long does it take to filter through society to create political change?

Therefore, assembling the number of coins by examining hoards and the number of different dies multiplied by 15,000 will give us a good idea of the money supply at that time as illustrated above. Granted, this research project cost tens of millions of dollars to produce. Nonetheless, it has yielded a wealth of information that enabled us to see specifically what took place economically. Human nature has not changed. When Rome burned, Nero did visit the victims. Tiberius issued coins for the aid of Asia when a major earthquake devasted the region we call Turkey today.

I am finishing a book on the famous Battle of Actium where Mark Antony lost to Octavian giving birth to Imperial Rome. The number of dies and the amount of coins issued by Antony demonstrates that the entire wealth of Egypt was at his disposal and it was really an Egyptian proxy war against Rome. The number of silver denarii struck had to be at least 25 million. The sheer massive amount of the increase in the money supply thanks to Egypt was huge. Antony’s coins remained in circulation for decades, although very work. They were the most common coin found in hoards at Pompeii in 79AD about 100 years later. Hoards enable us to see the cost of that war and how it changed Egypt and Rome.

Where Rome began with bronze as its monetary unit and one pound was known as a Roman As, we can see that the price of the Punic Wars as what was one pound of bronze consistently declined. Here we found it was six waves of 51.6 years which are in themselves six waves of 8.6 years,  that produced the major wave of 309.6 years. So if we look from the beginning of the Roman As being 341 grams in 280 BC, by the time we get to Nero in 54AD, the Roman As was about only 10 grams.

Even looking at the reforms of Diocletian in 295AD, his introduction of the follis declines remarkably also following the six waves of 8.6 years. I have looked at the monetary systems of Asia, the Middle East, Europe, and the Americas. they have conformed to the Economic Confidence Model confirming that this is a cycle that clearly incorporates everything from war to climate change.

Even though Emperor Titus’ (79-81AD) reign was marked by a relative absence of military and political conflicts after his father, Vespasian (69-79AD) had defeated Judaea was defeated, there were several disasters during his brief leadership. On October 24 in 79 AD, Mount Vesuvius erupted and almost destroyed the cities and resort communities around Naples. The cities of Pompeii and Herculaneum were buried under stones and lava in 79AD shortly after Titus (79-81AD) came to power. Titus made all efforts to help the victims of the volcano and donated large amounts of money from the imperial treasury. The emperor visited Pompeii right after the tragedy happened.

A single silver denarius was discovered in 1974 among the 180 silver coins buried in Pompeii. When it was cataloged, it overturned history. Titus’ father died on June 24th, 79 AD. Therefore, any coin of Titus as emperor would have to have the very first recording of his power “IMP VIIII” or 8th Imperator, which was a title that meant ‘leader of the army’ to the Romans. The coin discovered in Pompeii had the legend “IMP XV,” which was granted to Titus for the war in Britannia. Titus sent Gnaeus Julius Agricola who pushed further into Caledonia and managed to establish several forts there as recorded by Tacitus (Agricola 22). Therefore, Titus received the title of Imperator for the fifteenth time for this event, according to Cassius Dio (Roman History LXVI.20). This took place we know in September 79 AD about 3 months after becoming emperor following his father’s death. Obviously, if any coin was discovered in the ruins of Pompeii with “IMP XV” in its legend, then this provides absolute proof that the date for Vesuvius of August 24th, 79 AD cannot be correct.

Archeologists in Pompeii have discovered a remarkable inscription written in charcoal which has survived the catastrophe confirming that the eruption of Mt Vesuvius indeed took place in October 79AD as confirmed by the coin discovered and ignored by historians.  The charcoal writing, discovered on the wall of a villa during a new phase of excavations, adds weight to a theory that the volcano destroyed the town in October 79AD rather than August of that year in line with Cassio Dio and the denarius of Titus. The date of August 24th, 79 AD, came from a letter addressed by Pliny the Younger to the Roman historian Tacitus, originally written some 25 years after the event.

Titus devoted much of his silver coinage of Atonement to the gods for the disaster of Pompeii. There were four main Atonement issues commemorating the services of prayer and propitiation through which the emperor attempted to address the public alarm over the disaster. People often attributed such events to the gods being angry. The coinage showed emblems seeking the approval of Jupiter, Neptune, Apollo, and the deceased former Emperors to watch over the Roman people.

News actually spread rapidly around the Roman Empire. There were formal boards where notices would be posted in which important news and major events would be informed to the people much like such a board in a big company with notices to the employees. These boards were called the Acta Diurna and they were designed to inform the Roman people thereby avoiding fake news. We could call them ancient billboards in modern terms and even government officials would walk up and pin a written notice and the crowds would rush to see what is news. Thus, everyone knew of Pompeii in a matter of days. It did not take long for information to circulate.

Because the coin dies back then were hand carved, we are able to identify the number of dies in use during a given year because each is unique. Just look at these portraits on the famous Tribute Penny of Tiberius (14-37AD). It all depended upon the artistic ability of the engraver.

The coin itself has taken its name because Jesus, referring to a denarius, which the English translated to “penny” because that was their silver coin, asked: “Whose is this image and superscription?” When answered that the likeness was Caesar, He replied; ”Render therefore unto Caesar the things which are Caesar’s and unto God the things that are God’s” (Matthew 22:20-21). Thus, the coin has been called the tribute penny meaning that was how you paid your taxes.

Hoards have enabled me to (1) see what was in circulation at that point in time for the hoard can be dated to around the most recent coin in the hoard. (2) I also have a number of ancient Roman dies like this one of Tiberius. Studies creating modern dies to test how many coins could be struck from such a die before it cracked provides a picture of about 15,000 coins.

By completing die studies quantifying how many were in use, it then becomes possible to estimate the money supply. Here we can see that during the Social War of 90-87BC, there is a drastic increase in the quantity of coinage issued obviously to pay for soldiers. However, conducting metal testing on the coinage of this period, we find that Rome also debased the coinage slightly adding up to 10% copper to the silver. Therefore, studying hoards allows one to actually ascertain the extreme of monetary affairs.

The Social War of the First Century BC was a failed Revolution against the corrupt Republic. The rebellion was waged by ancient Rome’s Italian allies (socii) who were denied equal rights with the Romans, despite the fact that they also fought alongside Romans in battle. They were seeking to separate and thus they fought for independence. Here are the coins of the rebels. They are very rare. You can see the theme celebrating the female head of Italia.

The allies in central and southern Italy had fought side by side with Rome in several wars and had grown restive under Roman autocratic rule, wanting instead Roman citizenship and the privileges it conferred. In 91 BC, the Roman tribune Marcus Livius Drusus proposed granting them Roman citizenship. The arrogance of the Senators erupted into a heated opposition. They went as far as to even Drusus for daring to propose such a decree. That resulted in the revolution.

When I dug deeper, the coinage with the debasement also reveals that there was a financial crisis. In all honesty, it was the Debt Crisis that ended the Roman Republic. There was a Sovereign Debt Crisis during the Roman Republic period that resulted in a dictatorship and a debt default. The Roman Debt Crisis of the 1st century BC has left behind a vivid account of what took place. The volume of gold and silver in Italy had increased dramatically during the late 2nd century BC following the Punic Wars. We have the first real gold coins issued by the Roman Republic at that time.

However, this concentration of wealth, which was akin to the United States after World War I and II, was absorbed by commercial expansion and investment in Gaul and Asia. A period of excessive concentration of money and large profits came to an end with the rise of the Social War of 91-88BC which was a war waged between the Roman Republic and several of the other cities in Italy (no taxation without representation), which prior to the war had been Roman allies for centuries. The war was begun by the Picentes because the Romans did not want to afford them Roman citizenship, thus leaving the Italian groups with fewer rights. The war resulted in a Roman victory and genocide against the Samnites. However, Rome granted Roman citizenship to almost all of its Italian allies, including the Samnites, to avoid another war. Therefore, we find that the debt crisis was correlated with a separatist movement – which we are beginning to see worldwide starting in Europe, but will eventually become a contagion in the United States as the conflict between left and right erupts after the November elections.

The Social War led to the complete state bankruptcy of the Roman State. We can see the dramatic rise in the money supply created during this time of war. This turmoil was then followed by the dictatorship of Sulla who then imposed an attempt to control the debt crisis capping interest rates at 12%. The previous legal rate was capped at 8.5%, but obviously, the market had exceeded that limit and Sulla had to confront that reality in 88BC. The debt crisis continued and then in 86 BC, the government was compelled into default. This is when the Valerian Law came into play. The State debts were defaulted on and thus reduced to 25%.

Bang War Drums Loudly, Joe Biden Announces U.S. Sending Tanks to Ukraine as Deeping NATO War Against Russia Continues


Posted originally on the CTH on January 25, 2023 | Sundance

The Biden administration is pushing the United States into war against Russia to protect Washington DC’s political and financial interests in Ukraine.  None of this is a surprise as both Republican and Democrat politicians in DC continue to use Ukraine as a money laundering operation for key U.S. stakeholders.

Today Joe Biden announced he is sending 31 ‘Abram Tanks’ from the U.S. arsenal into Ukraine to further push the United States into direct conflict with Russia.  The potential for direct U.S. military engagement in Ukraine is now just a matter of formality, as the Abram’s tanks will be accompanied by military advisors, trainers, and the processes to sustain and maintain them on the battlefield.   WATCH:

[Transcript] – […] “today, I’m announcing that the United States will be sending 31 Abram tanks to Ukraine, the equivalent of one Ukrainian battalion.

Secretary Austin has recommended this step because it will enhance the Ukraine’s capacity to defend its territory and achieve its strategic objectives.

The Abrams tanks are the most capable tanks in the world. They’re also extremely complex to operate and maintain, so we’re also giving Ukraine the parts and equipment necessary to effectively sustain these tanks on the battlefield.

And we begi- — we’ll begin to train the Ukrainian troops on these issues of sustainment, logistics, and maintenance as soon as possible. Delivering these tanks to the field is going to take time, time that we’ll see — we’ll use to make sure the Ukrainians are fully prepared to integrate the Abram tanks into their defenses.

We also closely coordinated this announcement with our Allies. (read more)

We are being pushed into a war that few Americans want.

This is getting out of hand mostly because the Russians are defeating Ukraine in the war.  Without the U.S. operators and material involved, Ukraine cannot win.  However, the Biden administration view Ukraine as a U.S. proxy in Europe, and as such all of the corrupt DC systems are in alignment to continue escalating this conflict.

This is happening against the backdrop of Ukraine officials being caught stealing money given to Ukraine to fight the war.

None of this is good, and it is likely to get worse.

WASHINGTON DC – […] The decision to provide the tanks marks a stunning reversal for the Biden administration, which had previously argued they would be of little benefit to Ukraine.

But the decision to send the Abrams tanks helped get Germany to move forward with a separate effort to provide Leopard tanks to Ukraine, which the U.S. had seen as benefitting Kyiv.

German Chancellor Olaf Scholz announced Wednesday that Berlin would send Leopard tanks to Ukraine and allow for other European nations to also send the German-made tanks to Kyiv. (more)