US Oil Reserves Nearly Depleted


Armstrong Economics Blog/Energy Re-Posted Sep 2, 2022 by Martin Armstrong

The US Strategic Petroleum Reserve (SPR) has been at its lowest level since, ironically, 1984. The reservoirs are composed of four underground sites constructed from salt domes on the Gulf Coasts of Louisiana and Texas. The White House began extracting oil from the emergency reserves to combat rising gas prices. Politicians simply hope that the problem can be patched up for as long as they can remain in power.

In August, the US extracted 18 million barrels of crude. The stockpile now sits at only 450 million, reaching a nearly 40-year low. Additionally, the White House under Biden has been selling off the remaining reserves to foreign refiners. China received nearly a million barrels of oil to a subsidiary of Sinopec, a company that previously received BILLIONS in investments from an equity firm operated by none other than Hunter Biden. In fact, Biden has sold off nearly a quarter of oil reserves this year alone. Is he deliberately trying to create a crisis to spark the Great Reset?

Russia is not to blame for rising gas prices, as a gallon cost a mere $2.28 in December 2020. A year later, after Biden implemented disastrous green policies, the price rose to $3.40. Biden panicked once gas hit $5 in June and began to pull from the reserves to make it seem as if he had a grip on the problem. The government has no solution for the current energy crisis. The best we can hope for is the Republicans coming to power and demanding that domestic production continue immediately.

California on Track to Topple Power Grid


Armstrong Economics Blog/Climate Re-Posted Sep 2, 2022 by Martin Armstrong

California plans to ban gas-powered vehicles by 2035. The Advanced Clean Cars II rule would ban ALL gas car sales in 2035, but there are no alternatives in place. The average American cannot afford an electric car or maintenance on an electric vehicle. Beginning in 2026, 35% of new autos sold in California will be required to produce zero emissions. By 2027, 51% of all new cars will need to be electric, and that amount will rise to 68% in 2028, followed by an all-out ban on gas-powered cars in 2035.

Well, California is already struggling to power the electric vehicles on the road in 2022. The California Independent System Operator called for a “voluntary energy conservation” during the upcoming Labor Day weekend due to the failing power grid. They are asking residents to refrain from charging their cars between 4 PM and 9 PM, which is when demand peaks. “If left unmanaged, the power demanded from many electric vehicles charging simultaneously in the evening will amplify existing peak loads, potentially outstripping the grid’s current capacity to meet demand,” Cornell University’s College of Engineering stated.

So electric vehicles have the potential to take down California’s power grid. The state estimates that it will need 1.2 million charging stations by 2030, but they have a mere 80,000 currently. California does not have the ability to implement this zero-emission ban without toppling the entire power grid.

The Optics Created by Joe Biden Communication Team for a National Address Were Off the Charts Creepy


Posted originally on the conservative tree house on September 1, 2022 | Sundance

I usually prefer to stay away from the ancillary stuff, but the remarks by Joe Biden today were not normal, not even close.

Every national address by a president has a massive advance team checking every detail of a venue before broadcast.  The optics they put together for Biden’s “battle for the soul of a nation” speech tonight, was just plain creepy and weird.  I mean think about it, what does this imagery present when discussing the theme of battling for the soul of a nation?

These are not modified images or changes in presentation; they are exactly what was broadcast to the nation. It looks straight up evil. Like something out of a hellscape theatrical production intended to showcase Baal as the “soul of the nation.”

On one hand, this is the realistic tone of the Biden administration.  But on the other hand, you would not expect to see this harsh dictatorship enhanced with the backdrop to give it such angered imagery.   I have never seen anything even close to this in a presidential address.  Beyond creepy.

Biden: “Let me say this to my MAGA Republican friends in Congress: Don’t tell me you support law enforcement if you won’t condemn what happened on the 6th.”


The Post Millennial Clips  Published originally on Rumble on August 30, 2022

Biden: “Let me say this to my MAGA Republican friends in Congress: Don’t tell me you support law enforcement if you won’t condemn what happened on the 6th.”

CBO Confirms Inflation Reduction Act Will Target Everyone


Armstrong Economics Blog/Politics Re-Posted Sep 1, 2022 by Martin Armstrong

The Congressional Budget Office (CBO) conducted a study that proves claims that the middle class will not face tax increases under the Inflation Reduction Act are unfounded. This comes after the CBO said that the act would have little if no impact on inflation. Treasury Secretary Janet Yellen urged the IRS not to target the “share of small business or households below the $400,000 threshold that are audited relative to historical levels.” She knew that was not possible.

The truth of the matter is that everyone will be targeted. The CBO estimates that those earning under $400,000 annually will contribute to $4 billion in collected revenue over the next decade. That is nearly the size of a care package embezzlement to Ukraine. The CBO stated:

“Some taxpayers reporting income of less than $400,000 on their tax return, for whom the proposed amendment would have barred audits using the new funding, will be found to have more income than they reported—in some cases, income greater than $400,000—if they are audited.”

The billionaires they claim to be targeted have teams of lawyers and accountants, as do large corporations. The average person or small business owner does not have the option of eclectic accounting or hiring a team to take on the IRS. I have no idea why people still think the Democrats are the party of the working and middle class when their policies do nothing but harm the average American.

The Anger Games, Tucker Carlson Outlines the Hatred of Biden Toward a Nation He Divides


Posted originally on the conservative tree house on September 1, 2022 | Sundance

Tucker Carlson delivered a hard-hitting monologue last night, hitting the agenda of the installed occupant of the White House directly on target.  Within the outline, Carlson notes the background of an angry, bitter and disconnected divider-in-chief and the hate-filled agenda he espouses. {Direct Rumble Link}

It is a remarkable moment captured and broadcast by Mr. Carlson, less than 24-hours before Joe Biden is scheduled to lay out his divisive national agenda of hate during a primetime speech on Thursday evening.  WATCH:

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White House Publicly States Biden Position, Donald Trump Voters “Are an Extreme Threat to Our Democracy”


Posted originally on the conservative tree house on August 31, 2022 | Sundance 

Mitch McConnell and Joe Biden are in agreement on the main midterm election issue.  Their synergy leads to the current state of our political dynamic in the United States, as expressed moments ago in the official position of the Biden administration from the White House.  Also, please note Press Secretary Karine Jean-Pierre read the sentences she just stated for the public record. WATCH:

…”The way that he sees it, the MAGA republicans are the most energized part of the republican party. Uh, that extreme, this is an extreme threat to our democracy, to our freedom, to our rights.  They just don’t respect the rule of law. You heard that from the President. They are pursuing an agenda that takes away people’s rights“…

The worst aspect of this is the inability of people who are voting republican, so see that statement from the White House as in total alignment with Mitch McConnell and the professional republican political system.   It’s not just the opinion of Joe Biden, the mental trap people fall into is not recognizing this anti-MAGA perspective, is the opinion held within the RNC and Republican political apparatus.

Both wings of the UniParty view President Trump’s economic nationalism and America-First agenda, as a threat to their affluence, influence and power. Both wings of the Uniparty see Trump supporters as the “extreme threat.”   One wing is openly stating it, the other wing is working diligently -and deceptively- on the same agenda.

Once you accept the republican apparatus is intent on removing that threat, then you begin to see who they are constructing in the background to remove it.  However, it is in the accepting of that baseline where most voters get so uncomfortable, they will deny it at all costs in order to retain their stability.  And I do mean, deny it at all costs.

We’re Controlling You Even MORE Now!


Awaken With JP Published originally on Rumble on August 27, 2022

Welcome to tonight’s broadcast, we can’t believe you’re dumb enough to keep watching, but here we go!

The Real IRS Hunt


Armstrong Economics Blog/Gov’t Incompetence Re-Posted Aug 28, 2022 by Martin Armstrong

There is NOTHING that the politicians EVER say that is the truth. Hiring 87,000 new IRS agents is NOT to go after billionaires as they claim. There are ONLY 614 billionaires in the United States. Clearly, you do not need 87,000 new agents to hunt down billionaires – they are coming after you!

There is no loose change in taxes the higher you go up in income. You then need professionals to handle the taxes and they cross every “t” and dot all the “i”s. They are targeting anyone with an LLC and will challenge all expenses. Don’t forget, if you go to dinner with a client, you can only write off 50% of the expense. Of course with COVID, we have a whole new crisis in taxes. The commuting costs evaporated working from home. What about writing off a portion of the home now if you no longer go to the office? Suddenly, COVID really complicated things over the past two years. Even if your house burns down, the IRS denies a tax deduction for the loss. Protesters against the IRS are just coincidently targeted for audits – purely coincidental. Obama used the IRS to target the Tea Party. The DOJ waited two years and then quietly dismissed any criminal charges against IRS agents. This is what we will expect for now they will target also protesters in climate change.

They do not need 87,000 new agents, armed to the teeth, to hunt down just 614 billionaires. It made good press, the same as when they introduced the income tax back in 1913 as SWORE on the soul of the dead mother and all their relatives, it would not apply to the rich. Small business and climate protesters will be the people targeted by the IRS.

Remember the cops raided the wrong house, killed the guy, and then they claimed he was an UNDOCUMENTED alien who had no Constitutional Rights, and thus it was OK to kill him. How about the wrong house raid where they kill the man and his dog but then kill a cop responding to a break-in – remember that one? There are so many where the cops storm the wrong house, the resident this it’s a break-in and defends himself only to be shot dead. I’m sure we will all sleep well knowing 87,000 IRS agents, armed to the teeth, are being trained to storm houses and released on society after 3 months worth of training.

In Canada, Trudeau is arming climate change police to do the same thing. Let’s face the facts. We the people are now the enemy – not Putin! This is the consequence of Marxism. We are nothing more than economic slaves.

EMERGENCY MEETING – THE MATRIX ATTACKS.


TateSpeech Published originally on Rumble on August 25, 2022 

Andrew Tate Attacks the Matrix — We took the RED PILL We are the Alpha beware of what you have done!