CPT Maureen Bannon On Chris Wray: “To Him This Is The Lesser Of The Humiliation”


Posted originally on Rumble By Bannons War Room on: Dec 11, 2024 at 7:30 pm EST

Julie Kelly: America’s Trust In The FBI Is At An All Time Low


Posted originally on Rumble By Bannons War Room on: Dec 11, 2024 at 7:30 pm EST

Alex Degrasse Breaks Down The Democrat Foreign Gift Cards Scandal


Posted originally on Rumble By Bannons War Room on: Dec 11, 2024 at 7:30 pm EST

Bannon: “We Took Down Chris Wray, This Is A Scalp For The WarRoom”


Posted originally on Rumble By Bannons War Room on: Dec 11, 2024 at 6:30 pm EST

Bannon BLASTS Wray: “He Quit Because He’s a Wimp, A Pencil Neck, A Loser”


Posted originally on Rumble By Bannons War Room on: Dec 11, 2024 at 6:30 pm EST

Argentina’s First Budget Surplus in 123 Years


Posted originally on Dec 12, 2024 by Martin Armstrong 

Argentina.Javir_.Milei_.Chainsaw

Argentina has posted its first budget surplus in 123 after President Javir Milei took office and demanded an abrupt halt to government spending. Governments worldwide should carefully take note.

Milei proudly announced:

“The deficit was the root of all our evils — without it, there’s no debt, no emission, no inflation. Today, we have a sustained fiscal surplus, free of default, for the first time in 123 years. This historic achievement came from the greatest adjustment in history and reducing monetary emission to zero. A year ago, a degenerate printed 13% of GDP to win an election, fueling inflation. Today, monetary emission is a thing of the past.”

Economic emissions should become a coined phrase as it is far more harmful than anything government is currently trying to conquer.

Argentina was forced to stop printing money back in 2022 after inflation surpassed 60% in July of that year, and their currency became utterly worthless. The central bank raised rates to nearly 70% to no avail as government continued borrowing. The problem with socialism is that they eventually run out of other people’s money. The government was spending over $6 million daily on social programs, but the poverty rate continued to rise, and around 57% of the working population could not find jobs. There were mass strikes since their money could not fund basic goods. Even if they could find employment, what incentive would the people have when the currency is worthless? Since they had no way to pay off their debt, the government simply continued to print more and devalued its own currency in the process.

Javir Milei was called a right-wing extremist for denouncing socialism and promising to curtail government spending and social programs. He understood that socialism COULD NOT WORK. It took President Javier Milei of Argentina a mere two months to push his nation into a surplus. The Economy Ministry declared that the government posted a $589 million surplus back in April, the first surplus in a decade. Milei referred to the government as “a criminal organization,” and recognized that the public sector needed to shrink as 341,477 people were on the government payroll when he took office.

Referred to as the “gnocchi” after the Italian pasta dish that is commonly served on the 29th of the month, the same day as payday, are the individuals in Argentina on the government payroll who do absolutely nothing. They were installed by politicians in exchange for favors. Critics claim he is firing at random, but the Milei Administration has assured the public that selecting those who will be laid off will be an “extremely surgical task, done so as not to make mistakes.”

Argentina_election_results_Milei_wins 11 20 23

Milei has already eliminated useless agencies such as the Ministry of Culture, Ministry of Health, Ministry of Labor, and Ministry of Social Development. In his words, Argentina is currently a poor country and cannot afford these departments that do absolutely nothing to improve the nation’s economic conditions. He has cut the Cabinet in half and no one has noticed a difference.

Milei removed price controls and devalued the currency by 54%. Transport and fuel subsidies were eliminated. It was noted that these measures would at first hurt PPP before the economy could begin to heal. Imagine inflation cooling in February at 276% — the situation was dire. The International Monetary Fund awarded Argentina a $44 billion credit program. The nation is beginning to stabilize very slowly, and it took decades of deteriorating economic conditions for someone to come in and clean house.

He has called his measures a form of “shock therapy” for Argentina’s economy. Milei agreed to devalue the nation’s peso from around 350 to 800 pesos per USD. He has eliminated quotas on imports and exports and removed the licensing that was difficult to obtain. There is a temporary rise in taxes for non-agricultural trade that brings it on par with industry standards. Transportation and energy subsidies have been eliminated.

Milei is the same man who stood before the crowd at Davos and criticized their glorification of socialism. “The main leaders of the Western world have abandoned the model of freedom for different versions of what we call collectivism,” Milei said to a hostile crowd at Davos. “We’re here to tell you that collectivist experiments are never the solution to the problems that afflict the citizens of the world—rather they are the root cause.”

Those in charge want us to believe that capitalism equates to greed while collectivism is seen as a form of social justice but, of course, requires the money of others. Free enterprise is under constant attack, and Milei is one of the only world leaders fighting for its existence. “Social justice is not just. It doesn’t contribute to the general well-being,” Milei said to Davos, citing that socialism is “intrinsically unfair” and forces the state to attack the people for taxes. “Can any of us say that they voluntarily pay taxes?” he asked the crowd.

He was once called the Donald Trump of Argentina. We can hope that Donald Trump will take swift action to reduce government spending. DOGE appointee Elon Musk congratulated Argentina’s president when news of the budget surplus broke. Unfortunately, America is too far in the hole to recover by slashing programs or cutting government. It would be a massive step forward but our deficit has been permitted to run wild for too long to be tamed.

Trump Trolls Trudeau – Bank of Canada Takes Note


Posted originally on Dec 12, 2024 by Martin Armstrong 

CanadaTradewithUS2023

US-Canada relations under the Trump Administration are beginning on tumultuous footing. Trump has promised to slap Canada with 25% tariffs on ALL imports if it fails to curb illegal immigration and drug trade from the northern border. Trudeau is now threatening to retaliate with tariffs of his own. The Bank of Canada has factored in these threats in its most recent decision to raise rates by 50 bps to 3.25%.

Bank of Canada Governor Tiff Macklem said that the new US administration presents “a major new uncertainty.” The markets had already priced in rate cuts ahead of the tariff threats, especially as inflation has allegedly reached the 2% target. This is the fifth time the Bank of Canada has cut rates in only six months after shedding 175 bps total. Yet, the central bank is not taking these tariff threats lightly because they could have a major impact on trade and the overall GDP. Macklem believes the bank can now take a “more gradual approach to monetary policy IF the economy evolves broadly as expected.”

The 25% tariff would send shockwaves through the Canadian economy. Around 77% of Canada’s exports are sent to the US, totaling $548 billion in 2023. The auto ($82 billion), energy ($166 billion), and manufacturing sectors would be particularly vulnerable due to the large cross-border trade. Ontario, Quebec, Alberta, and New Brunswick send over 70% of their exports to the US. Reports state that up to 2.4 million jobs tied to these industries, or 12% of the Canadian workforce, could be at risk.

Trump mocked Trudeau last month during a Mar-a-Lago dinner party after suggesting Canada could become the 51st state if it insisted on relying so heavily on the US. This week, Trump reiterated the now ongoing joke on Truth Social. “It was a pleasure to have dinner the other night with Governor Justin Trudeau of the Great State of Canada. I look forward to seeing the Governor again soon so that we may continue our in depth talks on Tariffs and Trade, the results of which will be truly spectacular for all!” Trump said in a social media post. While it may be humorous to mock Trudeau, these tariffs are a serious matter.

Ontario Premier Doug Ford said he believes Canada should retaliate with tariffs if appropriate. “But hopefully we’ll never go down that road. It’s not worth it and we’re so much stronger together. The last country the president should be worrying about is its closest ally and friend, Canada,” he said.

No one will win when using world trade as a political tool. The US economy will also feel the burden of these tariffs, and the supply chain will face disruptions. Unsettling trade with a key partner is not the way to solve the migration or illegal drug trade crises.

Why the Democratic Party is Going Extinct


Posted originally on Dec 12, 2024 by Martin Armstrong 

Democrats Abandoning Ship

COMMENT: Thank you for your independent work. Nobody predicted the 2024 election would be a landslide other than you. But absolutely nobody has even thought about the Democratic Party collapsing. You have proven that a computer can predict the future impartially and you make it obvious that you always separate your personal opinion from the computer. It’s not hard to see why the government wanted you silenced.

It would be best if you were on Rogan and Tucker. I understand mainstream media, but they should be beating down your door.

Your work will live on.

DF

Combined Senate House 2024

ANSWER: As a trader, forget what you are looking at. Look at the blue line. It peaked before the Civil War over state’s rights, and the Federalists became extinct. The Party of Jefferson then split into the Democrats vs. Republicans (South vs. North) over slavery. The Democrats scored their lowest with the Civil War. They were again against federalism with the Panic of 1873 and peaked with the Panic of 1893 when they were the Silver Democrats advocating the abandonment of the gold standard.

coxey-his-army

The rise of Marxism began during the Long Depression (1873-1899), which was accelerated thanks to the Democrats overvaluing silver, which led to the flight of gold from the United States. This is when we say the Sherman Anti-Trust Act, which was against companies merging because they would reduce their workforce. It was also this economic depression that wiped out Philadelphia as the financial capital of the United States and J.P. Morgan would move that to New York City with his innovation. From this highly volatile period, what emerged of socialism/Marxism rose to the surface.

Wizard-Oz
YellowBrickRoad

A major protest became known as Coxley’s Army, which marched upon Washington following the  Panic of 1893. This march led to the idea of socialism, for FDR took most of the demands first argued by Coxley that the government should create jobs for the unemployed. This led to the Progressive Movement of Teddy Roosevelt.

Coxley’s March became the subject of Lyman Baum’s Wizard of Oz – We’re off to see the Wizard the Wonderful Wizard of Oz (Congress) following the Yellow Brick Road (gold standard & austerity). This economic event created profound political change. And just as a note, the rule of law NEVER applies during civil unrest, as we have witnessed with the January 6th event, and it certainly is abandoned during periods of war. To shut down Coxley’s March, he was arrested not for free speech but for walking on the grass of the Capitol. The rule of law means nothing when governments are in the crosshairs.

Cleveland

Even Frover Cleveland (1837-1908) was the Democratic President during the Panic of 1893. He spoke out against his own party’s unsound finances. The Democrats have NEVER stood for the country. They have always shifted back and forth between ideas that merely gain their power regardless of the soundness of the policy for the nation.

Panic 1896
Bryan CrossOfGold

SV PUCK Silver Democrats R

Despite the unsound finance that virtually bankrupted the country, the Democrats only cared about winning. This caused the Panic of 1896 when JP Morgan had to bail out the Treasury with a $100 million gold loan. Even Puck Magazine joked about how America was virtually bankrupt, drowning in overvalued silver thanks to the bribes the silver miners paid to the Democrats.

1904 Democrats

In 1904, Democrats Parker/Davis got the fewest votes of any Democrat until Al Smith in 1928. This led them to usurp the ideas of progressivism, abandoning the inflationary policies of overvaluing silver relative to gold and becoming the champions of Marxism. They secured so few votes that I do not recall their names ever being discussed in history class. They looked around and took the progressive ideas of Teddy Roosevelt, who won in 1907 but then lost.

Progressive Party

The Democrats adopted Marxism and was now their new mantra after the lost on slavery, then ending the gold standard, so now Marxism was the answer. They became Progressives, adopting that rising star from the Progressive Party. They pushed for the Marxist Agenda of income tax and then ran on bribing voters, promising to steal from the rich and give it to their supporters.

1932 Election FDR Roosevelt

Coxley’s protest demanded that the government create jobs. Roosevelt took that idea, and it became the Works Progress Administration (WPA), an ambitious employment and infrastructure program during the darkest days of the Great Depression following the 1931 Sovereign Debt defaults of most of the world. Over eight years, the WPA put roughly 8.5 million Americans to work building schools, hospitals, roads, and other public works. The WPA also sponsored projects in the arts—the agency employed tens of thousands of actors, musicians, writers, and other artists.

1934 Gold Confiscation

Roosevelt altered the idea of the Silver Democrats insofar as abandoning gold entirely. Instead, FDR listened to George Warren and adopted a two-tier gold standard whereby gold would only serve as an international medium of exchange – not domestically.

1935 FDR Monetary Reform

The year 1935 marked the end of silver dollars and the replacement of the Silver Certificate.

193410000FedNote Text

In 1934, $500, $1,000, $5,000, and $10,000 bills were printed. That was the last of them, and these notes brought substantial premiums over the face value. Thereafter, socialism kicked in, and why print large denomination notes when people could hide money from the government’s eyes?


Punch Repeal Silver Act r

The Democrats have never really stood for anything definitive. They have switched their focus only to win. This has been their downfall. This WOKE agenda has been another issue like the Silver Democrats. They refuse to actually look at the nation as a whole and choose just the middle of the road.

Cross of Gold

Consequently, the party is doomed. Many have been abandoning the Democratic Party in droves, and they are too compromised to come to grips with their lack of common sense. The fragmentation will continue, and they will purge the WOKE proponents as they did with the Silver Miners that sent the US Treasury into virtual bankruptcy.

FBI Director Chris Wray Says He Intends “to serve until the end of the current Administration in January and then step down”…


Posted originally on the CTH on December 11, 2024 | Sundance 

It’s a good thing for FBI Director Christopher Wray to announce his resignation, because President Trump was going to fire him.

A preplanned resignation allows Director Wray to continue portraying FBI officials and agents as victims, and this approach gives corporate media the time to shine the halos and organize their best magnanimous political exit so far.

Swans will likely wear black necklaces in the reflecting pools at the national mall….. and slow muffled drums will follow Wray to every event.

WASHINGTON DC – “After weeks of careful thought, I’ve decided the right thing for the Bureau is for me to serve until the end of the current Administration in January and then step down,” Wray said Wednesday, according to prepared remarks released by the FBI’s press office.

“My goal is to keep the focus on our mission — the indispensable work you’re doing on behalf of the American people every day,” Wray said.

“In my view, this is the best way to avoid dragging the Bureau deeper into the fray, while reinforcing the values and principles that are so important to how we do our work,” the director said. (read more)

No One is Serious Any Longer – Congressman Jeff Van Drew Says Iran “Launched a Mothership” off East Coast, With Night Drones the Size of SUVs


Posted originally on the CTH on December 11, 2024 | Sundance

We are no longer a serious nation anymore.  With a cognitively impaired President and a completely missing Vice President, our nation is now fully on auto pilot as the rest of the world laughs at us.

Apparently, there are super-secret drones the size of an SUV showing up in the night sky, attempting to go undetected by flying at night with bright LED lights and stuff.

New Jersey Representative Jeff Van Drew then says, “I’ve gotten to know people” and “from very high sources” he informs us “Iran launched a mothership, probably about a month ago“, that is apparently parked somewhere “off the east coast of the USA” and launching SUV sized drones to do something dastardly and nefariously nefarious.  Because, reasons.

.

From his Google/Youtube account, Van Drew expresses, “serious concerns over the potential link of the drones flying over New Jersey to Iran and the urgent need to immediately take action to neutralize the threat.”

We are no longer a serious nation.  Van Drew doesn’t seem to realize this is his outside voice, repeating things told to him by high up people he has gotten to know about things and stuff.

.

When he realized the super-secret suspicious drones attempt to hide at night using bright lights to taunt people, even suspicious cat found shameful suspicious…