Italy Joins France in COVID Vaccination Requirement to Engage in Social Life, Restaurants, Theaters, Stadiums, Gyms, Shopping


Posted originally on the conservative tree house on July 23, 2021 | Sundance | 76 Comments

Last week the French government announced they would require a “sanitation passport” for any French citizen who wanted to engage in almost all forms of social life like shopping, eating at restaurants, movie theaters, or events where crowds were present.  There has been some backlash and protest, but not nearly enough to stop other EU nations from following the French process.

Today, the Italian government announced similar measures with their “green pass” to force vaccinations upon the Italian people if they wish to participate in social functions that interact with other people.

Without a green pass, Italian citizens and visitors will not be allowed to eat at restaurants, attend theaters, or events where any size crowd might be assembled.

(France24) […] The so-called Green Pass is a digital or paper certificate that shows if someone has received at least one jab, has tested negative or has recently recovered from COVID-19.

As of Aug. 6, the pass will be required to go to gyms, swimming pools, sports stadiums, museums, spas, casinos and cinemas. Eating in indoor restaurants also requires a pass.  Some 48.2% of Italians are fully inoculated and 14.1% are awaiting a second jab, according to latest data. (read more)

Italian Prime Minister Mario Draghi said, “Calls for people not to get vaccinated is a call for people to die. If you don’t vaccinate, you get sick, you die or you let other people die”, in his effort to use political and social peer pressure to gain vaccination compliance.

Stay tuned, this forced vaccination protocol is very near to happening here in the USA.  The mid-term COVID variant, also known as the Delta Variant,  is being used in order to establish the groundwork for the 2022 election cycle.

The scale of U.S. governmental push and pressure on private companies to comply is unlike anything I can remember in my lifetime.   The effort is very creepy now…. and we can anticipate that free and independent states who are not forcing a mandated vaccine will likely come under even more extreme federal pressure.

Devastating Floods May be the Beginning


Armstrong Economics Blog/Climate Re-Posted Jul 22, 2021 by Martin Armstrong

The climate activists come out with every disaster and blame climate change. The brush fires in Australia were climate change yet termite hills were taller than a truck for they have evolved to withstand natural brush fires. The collapse of the condos in Florida was immediately claimed to be caused by rising sea levels when it was faulty construction. Here we go again claiming extreme weather is all caused by CO2 and the flood in China is evidence of their theory with NO historical documentation whatsoever. The truth is that there was massive flooding in China in 1931 as pictured here.

This is NOT something new as they always claim. Indeed, nature conspired against Emperor Wang Mang in 11AD, who like Biden, was trying to create massively overvalued money which also ruined the economy. His wuzhu coins were set at 560 times their metal content which was not well received by the people.

Meanwhile, the Yellow River flooded killing many thousands that eventually caused a great famine and a plague. This led to civil unrest as a sign from heaven. Peasants migrated south and banded into larger groups. One of these groups rose, known as the Red Eyebrows, and they were strong enough that they defeated one of Wang’s armies. This led to widespread rebellions even in the capital. They stormed the palace and in a grand last stand, about 1,000 palace guards defended Wang to the last man. The rebels then killed Wang Mang bringing an end to his brief dreams of creating a new dynasty.

These floods are NOT something new. They have been taking place for thousands of years. The real problem is more than the immediate deaths from drowning. The crisis that has often followed is crop failures, starvation, and the rise of plagues from such events.

Today, if the masses stormed the White House, Biden would probably think it’s a party. They would be hanging the wrong guy. It’s the power behind the throne this time.

This is a photo of the Paris flood of 1910. The flood in Europe is also not unknown. We should expect rising floods with the greatest peak in this cycle arrives during the 2032-2037 time period and in the Western United States droughts.

So instead of blaming soccer moms for driving the kids and people who commute to work, just maybe we should be looking at extreme weather from a cyclical standpoint

A Technical Study in the Relationships of Solar Flux, Water, Carbon Dioxide and Global Temperatures, June 2021 Data


From the attached report on climate change for June 2021 Data we have the two charts showing how much the global temperature has actually gone up since we started to measure CO2 in the atmosphere in 1958? To show this graphically Chart 8a was constructed by plotting CO2 as a percent increase from when it was first measured in 1958, the Black plot, the scale is on the left and it shows CO2 going up by about 32.0% from 1958 to May of 2021. That is a very large change as anyone would have to agree.  Now how about temperature, well when we look at the percentage change in temperature from 1958, using Kelvin (which does measure the change in heat), we find that the changes in global temperature (heat) is almost un-measurable at only .4%. As you see the increase in energy, heat, is not visually observably in this chart hence the need for another Chart 8 to show the minuscule increase in thermal energy shown by NASA in relationship to the change in CO2 Shown in the next Chart using a different scale.

The next chart is Chart 8 which is the same as Chart 8a except for the scales. The scale on the right side had to be expanded 10 times (the range is 50 % on the left and 5% on the right) to be able to see the plot in the same chart in any detail. The red plot, starting in 1958, shows that the thermal energy in the earth’s atmosphere increased by .40%; while CO2 has increased by 32.0% which is 80 times that of the increase in temperature. So is there really a meaningful link between them that would give as a major problem?

Based to these trends, determined by excel not me, in 2028 CO2 will be 428 ppm and temperatures will be a bit over 15.0o Celsius and in 2038 CO2 will be 458 ppm and temperatures will be 15.6O Celsius. This is what the data shows no matter what the reasons are, so I have no idea how the IPCC gets to predict that the world will end in ten or even twenty years.

Carbon Dioxide CO2 is not making “ANY” dangerous changes to the global temperature!

The numbers tell us — there isn’t any problem!

The full 40 page report explains how these charts were developed and why using NASA and NOAA data that are used without change to prove that The New Green Deal is not required and any attempt to complete that plan will be a worldwide disaster.

Click on the link below for the full report that you can download.

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One Father’s Fight Against Critical Race Theory


Posted originally on the conservative tree house on July 17, 2021 | Sundance | 77 Comments

Meet Kory Yeshua, father of three, and vocal opponent of Critical Race Theory. From young hip-hop and rap artist to fervent servant of God, Kory is a passionate patriot and a believer in the America dream. In this profile report, you’ll learn about his journey and what happened when his first grade daughter came home from school one day and asked, “Daddy, why weren’t the black kids allowed to play with the white kids.””

Support for John:  www.letsrollamerica.us
GoFundMe Link: https://www.gofundme.com/f/let039s-roll-america
GiveSendGo Link: https://givesendgo.com/LetsRollAmerica

World in Chaos


Armstrong Economics Blog/Opinion Re-Posted Jul 17, 2021 by Martin Armstrong

In South Africa, the currency has fallen hard as riots have devasted the country. They looted the mall, except for the bookstore. The former South African President Jacob Zuma turned himself in to begin a 15-month sentence for contempt of court. This has sent the country into a tailspin. Contempt of court is an abuse of judicial power, for they claim they can lock anyone up for any reason whatsoever.

In Greece, there are thousands of people protesting against the discrimination of people who have not been vaccinated and the mandatory vaccinations and other measures imposed by the Greek government to tackle the pandemic in Athens. There are far worse viruses that have taken place, yet governments have not destroyed the economies and taken such totalitarian measures. This in itself has raised skepticism as to what is really going on when the death rate is minimal.

In Britain, 47% of those with COVID have been vaccinated. In Australia, the mob stormed the government as in ancient Roman times resulting in chaos on the streets of Melbourne just hours before the city entered its fifth lockdown. The protesters have marched through the CBD, saying if they do not act, he will get away with it again. What I am hearing is that many are starting to say they would rather die in freedom than live in prison indefinitely. This is our problem. Governments will NEVER admit a mistake, and the fact that they are so involved with the vaccines, we have nobody to offer independent verification of anything.

Meanwhile, the Biden Administration wants to shut down all dissent and has been putting pressure on Big Tech to shut down people who disagree with the administration.

The greatest problem here is that Biden has stated UNDER NO CIRCUMSTANCE will he ever fire Fauci. That implicitly means he refuses to investigate anything about his research or the connection with Wuhan. That means the Biden Administration will NEVER provide the truth about COVID or anything else. The US will not admit that the origin of COVID might be linked to Fauci — he is above any investigation.

JoeBamanomics – Federal BLS Report Shows Declining US Wages 1.2 Percent Lower Than Last Year, Biden Administration Leading Economic War on Women


Posted originally on the conservative tree house on July 16, 2021 | Sundance | 64 Comments

Well, well, well…. though financial media will say this is remarkably unexpected, it is something CTH specifically predicted we would see – and it is happening exactly on the timeline CTH anticipated.

The Bureau of Labor Statistics releases the second quarter national wage rate data today {BLS DATA HERE}.  U.S. wages DECLINED 1.2% in the second quarter of 2021 compared to last year.  When reviewing the data [Table 2], look at the negative impact to women, specifically Black and Asian women:

TOP LINE – Combine a 1.2% decline in earned wages with a 5.4% overall inflation rate recently reported {Go Deep},  and what you get is a 6.6% drop in real income amid the working class.  That, my friends, is exactly what we said should be expected.  That is also why the JoeBama administration needs to pump more money into the system (human infrastructure spending) in order to stop people from realizing just how bad it is.

You cannot have declining wages and massive inflation and expect the middle-class to survive.  Additionally, when I said six weeks ago that we had just passed peak home value, this is another data point to bolster that prediction.  We are in a plateau period on macro-level real home values, from this point they start dropping.  You cannot have near double digit drops in real income and simultaneously expect people to afford high mortgages.  It just doesn’t happen.

The declining wage rates, and the more substantive drop in real wage rates due to massive inflation, are specifically hitting the lower tier of the working class harder.  Yet despite this,  Biden is intent on importing even more economic migrants to put even more downward pressure on wages for the working class.

These are very real outcomes of policy.  Working class Blacks and Latinos will feel this even more, yet this is the special interest group that Democrats claim to support.  The reality is exactly opposite from the narrative sold by the Biden administration.

The Democrats know this. These outcomes are not accidental; they are a feature not a flaw in their policy.  This is why they need to keep spending to retain the ruse.

There’s no way around this.  Despite the pundit and financial class selling a counter-narrative, home prices will crash and unemployment will go up.  I know this is directly against the current talking points, but the statistical reality is clear.  CTH was the first place who said two months ago that home sales will plummet, that is starting to happen right now.  There’s no way for it not to happen, the big picture tells us why.

♦ Inflation Data Link

♦ Prior Prediction Link

May 2021 – “It will be very interesting to watch how the housing market responds over the next few months. If the trendline continues we should see a considerable softening in home sales, again depending on region, as the inflation hits the working class.”  Imagine what happens when they stop pumping money into the economy.

Rubber & the Shipping Crisis


Armstrong Economics Blog/Agriculture Re-Posted Jul 15, 2021 by Martin Armstrong

People may not realize that 90% of all physical trade is moved by container ships. Because of COVID-19, the disruption in the supply chain has created a shortage in containers never seen before. Because companies could not ship their good during the lockdowns, the attempt to catch up has led to a massive shortage of containers. The Suez Canal block only exasperated the crisis.

Some believe a major crisis unfolding in rubber, which some now believe has been deliberately created to reduce global warming by preventing tires from arriving for cars. Rubber is used far beyond just tires. Nevertheless, rubber producers face climate change restrictions, activists who would love to see them shut down completely, a destructive fungus, and then the continued politicization of COVID-19. In Japanese yen terms, the high in rubber took place on an annual closing basis back in 2010 with the intraday high in 2011. We saw a 10-year decline with the historic low forming last year, which ended up creating an outside reversal to the upside. From a long-term perspective, rubber looks to be poised for a broader rally into the years ahead. Short-term, there has been overhead resistance

150 Multinational Corporations, The Wall Street Crowd, Urge Congress to Take Over U.S. Elections


Posted originally on the conservative tree house on July 14, 2021 | sundance | 251 Comments

There Are Trillions At Stake…

Here we go again, 150 multinational Wall Street corporations write a collective letter urging congress to pass the stalled legislation that would trigger a federal takeover of U.S. elections.  [Reuters Article Link] I’m not going to post the article directly, because it is the same group of characters, the same motives and intentions that we previously wrote about [HERE].

[Please note: all leftist media call them “corporations” when the narrative is purposed to attack capitalism (ie. ‘Occupy’), and then the media switch to the term “companies” when the narrative engineering needs to support the same corporations they previously attacked.  The Alinsky wordplay is part of the design.  Democrats say “corporations bad” to their woke sheep, so when they need to hide their alignment with the same businesses, the media switch words to call them “companies.”  I point this out because it is actually a useful tool to help people wake up and spot the manipulative and purposeful hypocrisy of the leftist ideology.]

At the heart of the issue, we are yet again back to the familiar battle, Wall Street -vs- Main Street.

Remember in April when 100 multinational corporations held a conference call to organize messaging on state election laws?  Well, this is the same crew only now with targeted messaging toward congress.

Additionally, I guarantee you the G-20 discussions about a “global minimum corporate tax” are being leveraged by the White House against these U.S. Multinationals in order to get them in line supporting the federal election takeover.  I guarantee you backroom deals and carve-outs, collusion between government and corporations, are being made.

Their commonality of purpose.  The multinationals need the federal takeover of elections because Wall Street needs globalism in order to continue advancing their financial objectives.  Main Street nationalism, or economic patriotism, is antithetical to their income statements.  The current White House and the Multinational Corporations have a common enemy, Main Street.

The current alignment between government and corporate industry is also why the mega-corporations were enhanced during COVID rules/regulations and shutdown dictates, while small businesses on Main Street were crushed.

The multinationals need the U.S. to be a service driven economy, and simultaneously, the corporations need the security of never seeing President Trump’s “America-First” policies restarted.  That’s why the multinational-corps support the Democrats goal to take over elections; economic nationalism must be stopped.  There are trillions at stake.

There is a difference between an ordinary corporation and a multinational corporation.  Multinationals hate capitalism. However, when I say most multinational corporations hate capitalism many people look confused, so let’s remind ourselves via a short video that explains why:

The first myth busted in that video explains why corporations do not like capitalism. That’s also why Big Tech is also against capitalism.

Multinationals want control; some call that corporatism…. but the names are moot. Multinationals want control, and capitalism does not allow them control; that is why multinationals do not want capitalism. Multinationals use lobbyists to generate regulations that stall competition.

Multinationals do not want competition; they are, by nature of their interest, anti-capitalists.

This misunderstanding is everywhere.

Consider if you will, the backdrop of current U.S. politics; the influence of Wall Street and the multinationals who align with globalism; the reality of K-Street lobbyists writing the physical legislation that politicians sell to Americans; and then overlay what you are witnessing as those same multinationals now attack the foundation of our constitutional republic.  All of this is CORPORATISM, a continuum that people were ignoring for decades.

To think that President Trump alone could carry the burden of correcting four decades of severe corruption of all things political, without simultaneously considering the scale of the financial opposition, is naive in the extreme.

♦ POTUS Trump was disrupting the global order of things in order to protect and preserve the shrinking interests of the U.S. He was fighting, almost single-handed, at the threshold of the abyss. Our American interests, our MAGAnomic position, was/is essentially zero-sum. His DC and Wall-Street aligned opposition (writ large) needed to repel and retain the status-quo. They desperately wanted him removed so they could return to full economic control over the U.S, because it is the foundation of their power.

You want to criticize him for fighting harder against those interests than any single man has ever done before him? If so, do it without me.

I am thankful for the awakening Donald J Trump has provided.

I am thankful now for the opportunity to fight with people who finally understand the scale of our opposition.

Without Donald J Trump, these entities would still be operating in the shadows. With Donald J Trump, we can clearly see who the real enemy is.

In these economic endeavors President Trump was disrupting decades of financial schemes established to use the U.S. as a host for their endeavors. President Trump was confronting multinational corporations and the global constructs of economic systems that were put in place to the detriment of the host (USA) ie YOU. There are trillions at stake; it is all about the economics; everything else is chaff and countermeasures.

The road to a “service-driven economy” is paved with a great disparity between financial classes. The wealth gap is directly related to the inability of the middle-class to thrive.

Elite financial interests, including those within Washington DC, gain wealth and power, the U.S. workforce is reduced to servitude, “service”, of their affluent needs.

The destruction of the U.S. industrial and manufacturing base is EXACTLY WHY the middle class has struggled, and exactly why the wealth gap exploded in the past 30 years.

Behind this dynamic, we find the international corporate and financial interests who are inherently at risk from President Trump’s “America-First” economic and trade platform. Believe it or not, President Trump is up against an entire world economic establishment.

When we understand how trade works in the modern era, we understand why the agents within the system are so adamantly opposed to U.S. President Trump.

♦The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.

It doesn’t.

Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations. Institutions like the World Trade Organization (WTO) and World Bank control trillions of dollars in economic activity.

Underneath that economic activity there are people who hold the reigns of power over the outcomes. These individuals and groups are the stakeholders in direct opposition to principles of America-First national economics. Collectively known as “The Big Club”.

The modern financial constructs of these entities have been established over the course of the past three decades. When you understand how they manipulate the economic system of individual nations you begin to understand why they are so fundamentally opposed to President Trump.

In the Western World, separate from communist control perspectives (ie. China), “Global markets” are a modern myth; nothing more than a talking point meant to keep people satiated with sound bites they might find familiar. Global markets have been destroyed over the past three decades by multinational corporations who control the products formerly contained within global markets.

The same is true for “Commodities Markets”. The multinational trade and economic system, run by corporations and multinational banks, now controls the product outputs of independent nations. The free market economic system has been usurped by entities who create what is best described as ‘controlled markets’.

U.S. President Trump understood what had taken place. He used economic leverage as part of a broader national security policy; and to understand who opposes President Trump specifically because of the economic leverage he creates, it becomes important to understand the objectives of the global and financial elite who run and operate the institutions. The Big Club.

Understanding how trillions of trade dollars influence geopolitical policy, we begin to understand the three-decade global financial construct they seek to retain and protect.

That is, global financial exploitation of national markets.

FOUR BASIC ELEMENTS:

♦Multinational corporations purchase controlling interests in various national outputs (harvests and raw materials), and ancillary industries, of developed industrial western nations. {example}

♦The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks. (*Note* in China it is the communist government underwriting the purchase.)

♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).

♦With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

Against the backdrop of President Trump confronting China; and against the backdrop of NAFTA renegotiated; and against the necessary need to support the key U.S. steel and aluminum industries; revisiting the economic influences within the modern import/export dynamic will help conceptualize the issues at the heart of the matter.

There are a myriad of interests within each trade sector that make specific explanation very challenging; however, here’s the basic outline.

For three decades economic “globalism” has advanced, quickly. Everyone accepts this statement, yet few actually stop to ask who and what are behind this – and why?

Influential people with vested financial interests in the process have sold a narrative that global manufacturing, global sourcing, and global production was the inherent way of the future. The same voices claimed the American economy was consigned to become a “service-driven economy.”

What was always missed in these discussions is that advocates selling this global-economy message have a vested financial and ideological interest in convincing the information consumer it is all just a natural outcome of economic progress.

It’s not.

It’s not natural at all. It is a process that is entirely controlled, promoted and utilized by large conglomerates, lobbyists, purchased politicians and massive financial corporations.

Again, I’ll try to retain the larger altitude perspective without falling into the traps of the esoteric weeds. I freely admit this is tough to explain and I may not be successful.

Bulletpoint #1: ♦ Multinational corporations purchase controlling interests in various national elements of developed industrial western nations.

This is perhaps the most challenging to understand. In essence, thanks specifically to the way the World Trade Organization (WTO) was established in 1995, national companies expanded their influence into multiple nations, across a myriad of industries and economic sectors (energy, agriculture, raw earth minerals, etc.). This is the basic underpinning of national companies becoming multinational corporations.

Think of these multinational corporations as global entities now powerful enough to reach into multiple nations -simultaneously- and purchase controlling interests in a single economic commodity.

A historic reference point might be the original multinational enterprise, energy via oil production. (Exxon, Mobil, BP, etc.)

However, in the modern global world, it’s not just oil; the resource and product procurement extends to virtually every possible commodity and industry. From the very visible (wheat/corn) to the obscure (small minerals, and even flowers).

Bulletpoint #2 ♦ The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks.

During the past several decades national companies merged. The largest lemon producer company in Brazil, merges with the largest lemon company in Mexico, merges with the largest lemon company in Argentina, merges with the largest lemon company in the U.S., etc. etc. National companies, formerly of one nation, become “continental” companies with control over an entire continent of nations.

…. or it could be over several continents or even the entire world market of Lemon/Widget production. These are now multinational corporations. They hold interests in specific segments (this example lemons) across a broad variety of individual nations.

National laws on Monopoly building are not the same in all nations. Most are not as structured as the U.S.A or other more developed nations (with more laws). During the acquisition phase, when encountering a highly developed nation with monopoly laws, the process of an umbrella corporation might be needed to purchase the targeted interests within a specific nation. The example of Monsanto applies here.

Bulletpoint #3 ♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).

With control of the majority of actual lemons, the multinational corporation now holds a different set of financial values than a local farmer or national market. This is why commodities exchanges are essentially dead.

In the aggregate the mercantile exchange is no longer a free or supply-based market; it is now a controlled market exploited by mega-sized multinational corporations.

Instead of the traditional ‘supply/demand’ equation determining prices, the corporations look to see what nations can afford what prices. The supply of the controlled product is then distributed to the country according to their ability to afford the price. This is essentially the bastardized and politicized function of the World Trade Organization (WTO). This is also how the corporations controlling WTO policy maximize profits.

Back to the lemons. A multinational corporation might hold the rights to the majority of the lemon production in Brazil, Argentina and California/Florida. The price the U.S. consumer pays for the lemons is directed by the amount of inventory (distribution) the controlling corporation allows in the U.S.

If the U.S. lemon harvest is abundant, the controlling interests will export the product to keep the U.S. consumer spending at peak or optimal price. A U.S. customer might pay $2 for a lemon, a Mexican customer might pay .50¢, and a Canadian $1.25.

The bottom line issue is the national supply (in this example ‘harvest/yield’) is not driving the national price because the supply is now controlled by massive multinational corporations.

The mistake people often make is calling this a “global commodity” process. In the modern era this “global commodity” phrase is particularly nonsense.

A true global commodity is a process of individual nations harvesting/creating a similar product and bringing that product to a global market. Individual nations each independently engaged in creating a similar product.

Under modern globalism this process no longer takes place. It’s a complete fraud. Massive multinational corporations control the majority of production inside each nation and therefore control the global product market and price. It is a controlled system.

EXAMPLE: Part of the lobbying in the food industry is to advocate for the expansion of U.S. taxpayer benefits to underwrite the costs of the domestic food products they control. By lobbying DC, these multinational corporations get congress and policy-makers to expand the basis of who can use Food Stamps, EBT and SNAP benefits (state reimbursement rates).

Expanding the federal subsidy for food purchases is part of the corporate profit dynamic.

With increased taxpayer subsidies, the food price controllers can charge more domestically and export more of the product internationally. Taxes, via subsidies, go into their profit margins. The corporations then use a portion of those enhanced profits in contributions to the politicians. It’s a circle of money.

In highly developed nations, this multinational corporate process requires the corporation to purchase the domestic political process (as above) with individual nations allowing the exploitation in varying degrees. As such, the corporate lobbyists pay hundreds of millions to politicians for changes in policies and regulations; one sector, one product, or one industry at a time. These are specialized lobbyists.

It is ironic when we discuss corporate financial payments to government officials in foreign countries we call them corrupt. However, in the United States we call it lobbying, the process is exactly the same.

EXAMPLE: The Committee on Foreign Investment in the United States (CFIUS)

CFIUS is an inter-agency committee authorized to review transactions that could result in control of a U.S. business by a foreign person (“covered transactions”), in order to determine the effect of such transactions on the national security of the United States.

CFIUS operates pursuant to section 721 of the Defense Production Act of 1950, as amended by the Foreign Investment and National Security Act of 2007 (FINSA) (section 721), and as implemented by Executive Order 11858, as amended, and regulations at 31 C.F.R. Part 800.

The CFIUS process has been the subject of significant reforms over the past several years. These include numerous improvements in internal CFIUS procedures, enactment of FINSA in July 2007, amendment of Executive Order 11858 in January 2008, revision of the CFIUS regulations in November 2008, and publication of guidance on CFIUS’s national security considerations in December 2008 (more)

Bulletpoint #4 ♦ With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

The process of charging the U.S. consumer more for a product, that under normal national market conditions would cost less, is a process called exfiltration of wealth. This is the basic premise, the cornerstone, behind the catch-phrase ‘globalism’.

It is never discussed.

To control the market price some contracted product may even be secured and shipped with the intent to allow it to sit idle (or rot). It’s all about controlling the price and maximizing the profit equation. To gain the same $1 profit a widget multinational might have to sell 20 widgets in El-Salvador (.25¢ each), or two widgets in the U.S. ($2.50/each).

Think of the process like the historic reference of OPEC (Oil Producing Economic Countries). Only in the modern era massive corporations are playing the role of OPEC and it’s not oil being controlled, thanks to the WTO it’s almost everything.

Again, this is highlighted in the example of taxpayers subsidizing the food sector (EBT, SNAP etc.), the corporations can charge U.S. consumers more. Ex. more beef is exported, red meat prices remain high at the grocery store, but subsidized U.S. consumers can better afford the high prices.

Of course, if you are not receiving food payment assistance (middle-class) you can’t eat the steaks because you can’t afford them. (Not accidentally, it’s the same scheme in the ObamaCare healthcare system.)

Agriculturally, multinational corporate Monsanto says: ‘all your harvests are belong to us‘. Contract with us, or you lose because we can control the market price of your end product. Downside is that once you sign that contract, you agree to terms that are entirely created by the financial interests of the larger corporation; not your farm.

The multinational agriculture lobby is massive. We willingly feed the world as part of the system; but you as a grocery customer pay more per unit at the grocery store because domestic supply no longer determines domestic price.

Within the agriculture community, the (feed-the-world) production export factor also drives the need for labor. Labor is a cost. The multinational corps have a vested interest in low labor costs. Ergo, open border policies. (ie. willingly purchased Republicans not supporting border wall etc.).

This corrupt economic manipulation/exploitation applies over multiple sectors, and even in the sub-sector of an industry like steel. China/India purchases the raw material, coking coal, then sells the finished good (rolled steel) back to the global market at a discount. Or it could be rubber, or concrete, or plastic, or frozen chicken parts etc.

The ‘America First’ Trump-Trade Doctrine upset the entire construct of this multinational export/control dynamic. Team Trump focused exclusively on bilateral trade deals, with specific trade agreements targeted toward individual nations (not national corporations).

‘America-First’ is also specific policy at a granular product level looking out for the national interests of the United States, U.S. workers, U.S. companies and U.S. consumers.

Under President Trump’s Trade positions, balanced and fair trade with strong regulatory control over national assets, exfiltration of U.S. national wealth is essentially stopped.

This puts many current multinational corporations, globalists who previously took a stake-hold in the U.S. economy with intention to export the wealth, in a position of holding contracted interest of an asset they can no longer exploit.

Perhaps now we understand better how massive multi-billion multinational corporations, and the political institutions they pay for, were/are aligned against President Trump; and they will never relent in their need to see the risk he/we represents destroyed.

I will never relent in my support for anyone who fights this enemy.

I will align with and encourage anyone who joins this fight.

If you are looking for criticism against the only person I have ever witnessed who actually fought our correct enemy, look elsewhere.

I am thankful for President Trump.

CTH will never stop the fight….

.

The Latest Fraud of CNN


Armstrong Economics Blog/Climate Re-Posted Jul 14, 2021 by Martin Armstrong

CNN is deliberately misleading the public, and they REFUSE to do any real investigative reporting. They should be shut down as a propaganda organization that is against the national security of the United States. Anyone who would bother to just look at how that statistic was created would be ashamed to repeat it. CNN and others are intimidating scientists who are afraid to tell the truth, for they will be canceled, ridiculed, and may even lose their job.

In 2009, the University of Illinois sent a survey online to about 10,000 scientists with the following two questions:

QUESTION #1

Do you agree that global temperatures have generally risen since the pre-1800s?

QUESTION #2
Do you think that human activity is a significant contributing factor?


Only 3146 responses were received of 10,000, and of that 31%, 90% said yes to the first question but 82% said yes to the second question.


This is how the fraud was carried out by people who have used this survey. They narrowed down the responses and found that among meteorologists who responded, only 64% said yes to the second question, so about 1/3 said NO!

Then disregarding all the others of the 3146 responses, they focused on only 77 who described themselves as “climate experts” without any proof of their credentials and found that only 75 said yes to the second question.

Therefore, when we divide 75/77 we get to their claim of  97% of all scientists in the world say there is a climate emergency that warrants raising taxes and seizing property.

This was only 2.3% of those who bothered to respond, and I doubt that they would agree with the solution which is COMMUNISM!


0.0075%

If we take the 75 responses of 10,000 scientists surveyed, that means only 0.0075% agreed that there is climate change with some human causality. Why are they lying to the entire world? Because behind this movement is the destruction of capitalism and the resurrection of communism. And people wonder why our computer has been forecasting that the financial capital of the world is moving to Asia? Climate change activists are trying to recreate the Marxist experiment all over again.

Inflation Data Released Today Shows White House July 4th Price Claims Were Total Crap, Gas Prices Doubled, Annualized Total Inflation Rises to 5.4 Percent and Climbing


Posted originally on the conservative tree house on July 13, 2021 | Sundance | 115 Comments

On July 4th, a little more than a week ago, the White House made the preposterous claim that holiday food was cheaper than last year. Everyone who buys groceries knew that level of propaganda was unmitigated nonsense and the consumer pricing data released today shows exactly that.

According to the BLS, June prices jumped 0.9%. Every month this year the CPI has been rising faster than the prior month, which essentially means inflation is rising at an ever-increasing rate. Annualized inflation (June 2020 -vs- June 2021) now shows an overall inflation rate of 5.4%.

However, at a 0.9% monthly rate -if the level stabilizes- that means the real inflation rate is 10.8% Yeah, that’s a serious problem.

The BLS data (see table 7) shows that gasoline has doubled in price year-over-year. Unleaded regular gasoline is now 46.4% higher than last year. That level of fuel price increase is crushing the working class and blue collar workforce.

Inflation overall is currently rising three to four times faster than wages. That means real wages are dropping as Americans are paying more for everything, including fast turn consumable products like food and fuel. Again, we repeat… durable good sales will suffer as disposable income shrinks. Additionally, rising housing prices combined with diminishing blue collar wages is an unsustainable trend.

JoeBama economic policies are crushing the middle-class. The multinational corporations, Wall Street and the investment class benefit as Biden policies directly create a U.S. service driven economy {Go Deep}. Under JoeBama, the wage and wealth gap is growing again after three years of Trump policies closing it. Working class wages are dropping, and investment class earnings rise. This is the intentionally created outcome when America-First policies are cancelled.

Overall energy prices have jumped more than 32% year-over-year. This is a direct outcome of Biden policy. Used vehicle prices are up a whopping 45% vs 2020.

The financial media are working overtime to protect Joe Biden from the outcome of policy by deflecting blame to COVID-19, but the issues are far more substantive than their weak justifications. All of this was predictable. After several months of claiming the inflation was transitory or temporary, now the same financial media are shifting the narrative to say we need to just accept long term inflation is the new normal.

I cannot express my frustration adequately as we watch this play out and know how much propaganda is being pushed to justify it.  {Go Deep} and {Go Deep}.  CTH has outlined for years how these direct economic outcomes are a result of actual government policy.

Everything the Biden administration is doing is making things worse, and now we are seeing big drops in real wages as the inflation rate is far beyond wage growth. Under Biden inflation is massive and wage growth is non-existent. This is an exact reversal of the Trump-era outcome where inflation was low and wage growth rates were high.

You might remember when President Trump initiated tariffs against China (steel, aluminum and more), Southeast Asia (product specific), Europe (steel, aluminum and direct products), Canada (steel, aluminum, lumber and dairy specifics), the financial pundits screamed at the top of their lungs that consumer prices were going to skyrocket.  They didn’t.  CTH knew they wouldn’t because essentially those trading partners responded in the exact same way the U.S. did decades ago when the import/export dynamic was reversed.

Trump’s massive, and in some instances targeted, import tariffs against China, SE Asia, Canada and the EU not only did not increase prices, the prices of the goods in the U.S. actually dropped.  Trump’s policies led the largest deflation in consumer prices in decades.  At the same time Trump’s domestic economic policies drove employment and  wages higher than any time in the past forty years.  With Trump’s policies we were in an era where job growth was strong, wages were rising and consumer prices were falling.  The net result was more disposable income for the middle class, more demand for stuff, and ultimately that’s why the U.S. economy was so strong.

Going Deep –  To retain their position China, the EU responded to U.S. tariffs by devaluing their currency as an offset to higher prices.  It started with China because their economy is so dependent on exports to the U.S.

China first started subsidizing the targeted sectors hit by tariffs. However, as the Chinese economy was under pressure they stopped purchasing industrial products from the EU, that slowed the EU economy and made the impact of U.S. tariffs, later targeted in the EU direction, more impactful.

When China (total communist control over their banking system) devalued their currency to avoid Tariff price increase, it had an unusual effect.  The cost of all Chinese imports dropped, not just on the tariff goods.  Imported stuff from China dropped in price at the same time the U.S. dollar was strong.  This meant it took less dollars to import the same amount of Chinese goods; and those goods were at a lower price.  As a result ,we were importing deflation…. the exact opposite of what the financial pundits claimed would happen.

In response to a lessening of overall economic activity, the EU then followed the same approach as China.  The EU was already facing pressure from the exit of the U.K. from the EU system; so, when the EU central banks started pumping money into their economy and offsetting with subsidies, they essentially devalued the euro.  The outcome for U.S. importers was the same as the outcome for U.S-China importers.  We began importing deflation from the EU side.

In the middle of this there was a downside for U.S. exporters.  With China and the EU devaluing their currency, the value of the dollar increased.  This made purchases from the U.S. more expensive.  U.S. companies who relied on exports (lots of agricultural industries and raw materials) took a hit from higher export prices. However, and this part is really interesting, it only made those companies more dependent on domestic sales for income.  With less being exported there was more product available in the U.S for domestic purchase…. this dynamic led to another predictable outcome, even lower prices for U.S. consumers.

From 2017 through early 2020, U.S. consumer prices were dropping. We were in a rare place where deflation was happening.  Combine lower prices with higher wages and you can easily see the strength within the U.S. economy.  For the rest of the world this seemed unfair, and indeed they cried foul – especially Canada.

However, this was America First in action.  Middle-class Americans were benefiting from a Trump reversal of 40 years of economic policies like those that created the rust belt.

Industries were investing in the U.S. and that provided leverage for Trump’s trade policies to have stronger influence.  If you wanted access to this expanding market, those foreign companies needed to put their investment money into the U.S. and create even more U.S. jobs.   This was an expanding economic spiral where Trump was creating more and more economic pies.  Every sector of the U.S. economy was benefiting more, but the blue-collar working class was gaining the most benefit of all.

♦ REVERSE THIS… and you now understand where we are with inflation.   The Joebama economic policies are exactly the reverse.  The monetary policy that pumps money into into the U.S. economy via COVID bailouts and federal spending drops the value of the dollar and makes the dependency state worse.

With the FED pumping money into the U.S. system the dollar value plummets.  At the same time,  JoeBama dropped tariff enforcement to please the Wall Street multinational corporations and banks that funded his campaign.  Now, the value of the Chinese and EU currency increases.  This means it costs more to import products and that is the primary driver of price increases in consumer goods.

Simultaneously a lower dollar means cheaper exports for the multinationals (Big AG and raw materials).  China, SE Asia and even the EU purchase U.S. raw materials at a lower price.  That means less raw material in the U.S. which drives up prices for U.S. consumers.  It is a perfect storm.  Higher costs for imported goods and higher costs for domestic goods (food).  Combine this dynamic with massive increases in energy costs from ideological policy and that’s fuel on a fire of inflation.

Annualized inflation is now estimated to be around 8 percent, and it will likely keep increasing.  This is terrible for wage earners in the U.S. who are now seeing no wage growth and higher prices.  Real wages are decreasing by the fastest rate in decades.  We are now in a downward spiral where your paycheck buys less.  As a result, consumer middle-class spending contracts.  Eventually this means housing prices drop because people cannot afford higher mortgage payments.

Gasoline costs more (+50%), food costs more (+10% at a minimum) and as a result real wages drop; disposable income is lost.  Ultimately this is the cause of Stagflation. A stagnant economy and inflation.  None of this is caused by COVID-19.  All of this is caused by economic policy and monetary policy sold under the guise of COVID-19.

This inflationary period will not stall out until the U.S. economy can recover from the massive amount of federal spending.  If the spending continues, the dollar continues to be weak, and as a result the inflationary period continues.  It is a spiral that can only be stopped if the policies are reversed…. and the only way to stop these insane policies is to get rid of the Wall Street Democrats and Republicans who are constructing them.