Jul 11 2025

AI GOVERNANCE: Allen And Bin Ladin Report Live From Geneva On Globalist Push For Technocracy


Posted originally on Rumble By Bannon’s War Room on: July 10, 2025, at 1:00 pm EST

Jul 11 2025

HUGE VICTORY: Sec Rollins Announces Suspension Of Livestock Imports From Mexico


Posted originally on Rumble By Bannon’s War Room on: July 10, 2025, at 1:00 pm EST

Jul 11 2025

“No More Secrecy.” Steve Bannon Demands Full Release Of Epstein Files


Posted originally on Rumble By Bannon’s War Room on: July 10, 2025, at 1:00 pm EST

Jul 11 2025

Steve Bannon: “The Progressive Elites Of New York City Have Brought This On Themselves.”


Posted originally on Rumble By Bannon’s War Room on: July 10, 2025, at 1:00 pm EST

Jul 11 2025

IRS to Combine Church and State


Posted  originally on Jul 11, 2025 by Martin Armstrong

Politicial Corruption Ahead

The Internal Revenue Service has deemed it legal for tax-exempt places of worship to back political candidates. The Trump Administration pushed for this measure, repealing a 70-year tax code enacted in 1954 by then-Senator Lyndon Johnson known as the “Johnson B. Amendment.”

The Johnson Amendment deemed it necessary for religious organizations to maintain nonpartisan status to protect the Constitutional conditions of separation of church and state. The law forbids churches and other religious organizations from using funds to endorse political candidates. Organizations could vocally support a candidate, but by law, they were unable to financially enter politics as their tax-exempt status came with a nonpartisan clause. All of this is now changing.

“Communications from a house of worship to its congregation in connection with religious services through its usual channels of communication on matters of faith do not run afoul of the Johnson Amendment as properly interpreted,” the IRS said in the joint filing Monday with the National Religious Broadcasters group in U.S. District Court for the Eastern District of Texas.

“When a house of worship in good faith speaks to its congregation, through its customary channels of communication on matters of faith in connection with religious services, concerning electoral politics viewed through the lens of religious faith, it neither ‘participate[s]” nor ‘intervene[s]’ in a ‘political campaign,’ within the ordinary meaning of those words,” the filing said.

Last year, the National Religious Broadcasters (NRB) filed a lawsuit against the IRS, claiming that the Johnson Amendment violated their First Amendment rights. The organization believes that the First Amendment protects them from any restrictions on freedom of speech and freedom of exercise of religion. Yet, these places of worship also enjoy tax code 501(c)(3) that prevents the government from collecting taxes. In Branch Ministries v. Rossotti (2000), a church attempted to sue after its tax-exempt status was revoked for financially backing a political candidate. The court once again ruled that the Johnson Amendment did not violate the First Amendment.

The court stated that the church was not prohibited from freedom of speech, as they could vocalize their support. However, the tax benefit comes with the condition of remaining nonpartisan. The ruling found the burden was not “substantial” enough to violate constitutional protections.

Repealing the Johnson Act would drastically alter political endorsements as these religious institutions not only have massive funds to spare but could turn them into tax-deductible super PACS. Dark money would certainly flow through these organizations to alter politics as any funds to the church or religious organization could be untraceable. Foreign citizens and nations could also anonymously funnel unlimited amounts of money through these tax-deductible super PACS and directly influence domestic elections.

Jewish temples would become the new AIPAC, the Catholic Church could install their candidate of choice, which would NOT have been Donald Trump, mosques would use donations as they deemed fit, the list goes on and on.

Churches and places of worship are tax-exempt because they maintain “benevolent neutrality,” which dates back to medieval England before it was brought over to colonial America. Political donations are not charitable work or philanthropy. The IRS is attempting to blur the lines between church and state. Conservatives may think that this measure could only benefit their cause, but that is far from the truth, as what constitutes a religious organization is quite vague in the United States. Then public trust of religious institutions would erode as they would be seen as political entities. The core mission of assisting those in need would be completely lost.

Jul 11 2025

June Minutes Report Decoded


Posted  originally on Jul 11, 2025 by Martin Armstrong 

Interest Rates Percent

The Minutes Report by the Federal Reserve indicates that the central bank is unlikely to cut rates at the next Federal Open Market Committee meeting on July 29-30. FOMC members unanimously maintained the borrowing range between 4.25%-4.5% where it has stood since December 2024. The central bank knows that it has limited power to control inflation through rate cuts, and stimulating demand is a moot point when the government is the largest borrower.

Instead of noting that the government simply borrows in perpetuity, Fed members focused on uncertainty surrounding tariffs and a potentially weakening labor market. Chairman Jerome Powell stated that cutting rates was a “closer call” as the 2% inflation target as been out of reach for several years. “With regard to the outlook for inflation, participants expected that inflation would continue to move toward 2 percent, although they noted that recent higher-than-expected readings on inflation, and the effects of potential changes in trade and immigration policy, suggested that the process could take longer than previously anticipated,” the FOMC minutes said. The last CPI reading was 2.7% with the PCE coming in at 2.4%.

The ongoing Trump v Powell feud is potentially spilling over into policy. Despite non-foreign-born citizens picking up over 2 million jobs as a direct result of deportation efforts, the Fed believes that the weakening labor market could be the result of deporting cheap labor. “Almost all participants judged that upside risks to the inflation outlook had increased. As reasons for this judgment, participants cited recent stronger-than-expected readings on inflation and the likely effects of potential changes in trade and immigration policy,” the minutes said. Unemployment fell to 4.1% with June posting an increase of 147,000 jobs.

The Fed is also blaming Trump’s tariff policies for inflation. “Ultimately, the cost of the tariff has to be paid, and some of it will fall on the end consumer,” the Fed Chair told reporters in June. “We do expect to see more of that over the course of the summer.”  Powell is confusing a one-time price adjustment with a monetary-driven inflationary wave that began in 2015 and soared after the pandemic. As previously noted, “almost all” participants saw trade policy as an upside risk to inflation. “Many participants noted that the eventual effect of tariffs on inflation could be more limited if trade deals are reached soon, if firms are able to quickly adjust their supply chains, or if firms can use other margins of adjustment to reduce their exposure to the effects of tariffs,” the Minutes stated.

A ”couple” of members stated rate cuts could happen at the next meeting, with Fed Governors Michelle Bowman and Christopher Waller going on record to say that they believe rate cuts are appropriate this month. “Several” officials said the overnight rate “may not be far” from target, believing a bit of adjustment could bring inflation to target. The “dot plot” of individual officials indicates a divide on the outlook of cuts.

The Minutes Report noted that two rate cuts could potentially happen in 2025, followed by additional cuts over the next few years. Powell has less than a year left in office, and the president is certain to appoint someone who will abide by his policy that he sees through the eyes of a borrower and not a lender.

Jul 11 2025

American Citizens Outpace Migrants in New Hires


Posted originally on Jul 11, 2025 by Martin Armstrong 

Mass deportation efforts have led to a shift in hiring practices. American citizens are filling roles that were once reserved for migrants. Similar to the Civil War logic of the Democrats of that age, critics of deportation efforts claim that no one will be around to work for slave wages. Employers are now hiring American citizens to fill those same roles.

The Bureau of Labor Statistics reported that the number of foreign-born workers increased by 20% under the Biden Administration. Around 130.4 million native-born Americans were employed in May, the BLS reported, marking an astounding 4.5 million increase since May 2021, shortly after Biden opened the borders.  Around 30.9 million foreign-born held jobs in May, which is still up 5.1 million from May 2021 and 637,000 since May 2023.

Half of ALL hires for fiscal year 2024, which started on October 1, went to immigrants. Standard Chartered estimated that around 170,000 immigrants per month received employment documents from the US Citizenship and Immigration Services. They also stated that 64% of foreigners in America are currently employed, which translates to approximately 109,000 migrants per month. Last year, before Trump took office, foreigners held over 800,000 of the 3.1 million jobs created, accounting for more than 25% of new hires.

Only 16% of the US population is foreign-born. The number of jobs that went to those who crossed into the country is staggering. Since January 2025, over 2 million Americans have been able to find employment again, while 543,000 foreign-born workers have left the workforce.

Democrats are continuing to fight ICE and deportation efforts. This is one of the main reasons. Support for deportation remains high among American citizens, many of whom were struggling to find employment as they required higher wages. Without a doubt, the migrant crisis increased the level of unemployment for Americans, and it is a flat-out lie that employers would face a mass labor shortage without migrant workers.

Jul 11 2025

The EU Guarantees Its Own Destruction


Posted  originally on Jul 10, 2025 by Martin Armstrong 

Leyen Ursula von der 1

Ursula von der Leyen may be the absolute worst head of state in modern history. She has single-handedly ensured the collapse of the European Union according to our computer. She destroyed the EU economy with her NET-ZERO policies, destroying farmers and sending food prices rising. She then imposed dictatorial policies demanding migrants be taken in despite the drastic changes in culture, and then has put out the BS that to protect free speech, they must censor disinformation, to ensure peace in Euirope they need to go to war with Russia, and while she advocates total sensorship far worse than whatever existed in the USSR or even Communist China, yet refuses to release her own text messages with Pfizer.

EU Break up

While Ursula, who has never stood for election, pretends to be an elected democratic leader, calling Putin a dictator who at least stood for election, survived the NO CONFIDENCE vote to the detriment of Europe. The mere fact that this came to a vote demonstrates what our computer has been forecasting. The EU will fragment because of the dictatorial policies of Ursula. She is the perfect leader installed at the precise time that our computer warns that the EU will never survive. Her policies have been dictatorial and she has had no respect or regard for the culture of Europe. She is seeking to do what Joseph Stalin did in forces unified drone-like culture upon all the republics in Russia.

ECM Euro Waves 1 2

The ECM warns that the European Commission will reach the 72-year mark of political change in 2030. Last year, on February 19, she announced her bid to secure another five-year term, which would keep her in office until 2029. Von der Leyen has unfinished business: the transition to EU “climate neutrality,” for example, and shepherding Ukraine’s hoped-for accession to the 27-member bloc. Her policies are so contrary to economic neutrality that they have sealed the fate of the EU, and anyone who voted for her should be dragged out of office, for they do not care about Europe – only their political affiliation.

IBEUUS Y FOR 3 29 2017

Von der Leyen sees herself as untouchable. The corruption with the EU is just massive. She will put Europe into a war footing for 2026 and it is UNLIKELY that the EU will even survived intact beyond 2030. This is the array from 2017 which targeted a Panic Cycle from 2021 which marked her disastrous COVID policies that she refuses to turn over her text messages. If you are being investigated for “disinformation” and refuse to turn over subpoenaed evidence, you go to prison. Ursula is above the law and all the corrupt politicians that support her are sealing the fate of Europe into the years ahead.

Jul 11 2025

President Trump Hits Brazil with 50 Percent Tariff Rate


Posted originally on CTH on July 10, 2025 | Sundance

Previously, President Trump lashed out against the government of Brasil led by Brazilian president, Luiz Inácio Lula da Silva, saying, “Brazil is doing a terrible thing on their treatment of former President Jair Bolsonaro. I have watched, as has the World, as they have done nothing but come after him, day after day, night after night, month after month, year after year! He is not guilty of anything, except having fought for THE PEOPLE. I have gotten to know Jair Bolsonaro, and he was a strong Leader, who truly loved his Country — Also, a very tough negotiator on TRADE. His Election was very close and now, he is leading in the Polls. This is nothing more, or less, than an attack on a Political Opponent — Something I know much about!

President Trump then announces a 50% baseline tariff rate against Brazil.  This is a strategic gamble for President Trump in that Jair Bolsonaro is effectively banned from running in the next election, and leftist Lula da Silva could benefit from an increased surge in nationalistic sentiment similar to the Canada election.

.

Jul 11 2025

To Retain Exports Japan Slashes Auto Prices 20 Percent, Now Face Problem with Wages


Posted originally on CTH on July 10, 2025 | Sundance

It’s the reverse rustbelt issue.  In order to retain their market share, Japanese automakers are slashing the prices of their export vehicles to the USA.  However, simultaneous with the anticipated drop in profits, the Japanese economists are worrying what impact this will have on autoworker wages.

Not accidentally this is exactly the problem U.S. workers suffered through during the era of offshoring our manufacturing. Apparently, Japan is heading into the dynamic the U.S. rustbelt previously suffered.  Imagine that.

The Straits Times – TOKYO – Japan’s automakers slashed the price of products exported to the United States at record pace, in a sign that companies are sacrificing profits to remain competitive as President Donald Trump’s tariffs hit cars.

In June, the export price index for vehicles shipped to North America plunged 19.4 per cent from a year earlier on a contract currency basis, the biggest drop in records going back to 2016, according to the Bank of Japan’s (BOJ) corporate goods price report on July 10.

The data adds to signs that Japanese automakers are trying to avoid a major price increase to remain competitive in the US, even after Mr Trump began to impose 25 per cent auto tariffs in early April. The flip side of the move is it raises concerns over companies’ profitability and whether they can continue to keep raising wages – a key component of the Bank of Japan’s sustainable inflation goal.

The report also showed producer prices overall rose 2.9 per cent from a year earlier in June, slowing from 3.3 per cent in the previous month as the price of oil and steel declined.

BOJ governor Kazuo Ueda said last week he is closely watching whether the wage-inflation cycle will be maintained in the face of the US levies, in order to determine the timing of the next rate hike. In addition to the auto and steel tariffs that are already in place, Mr Trump announced on July 7 that the across-the-board tariffs on Japan will be raised to 25 per cent starting Aug 1.

While Japanese automakers including Subaru have announced some price increases, Japan’s strategy of not raising prices too much has shown up in other data. Car exports to the US, which make up about a quarter of US-bound shipments, declined 24.7 per cent by value in May, but only 3.9 per cent by volume. (link)