Posted originally on the CTH on November 19, 2024 | Sundance
President Trump flew to Texas to attend the 6th launch of the massive SpaceX Starship 6th flight. The target launch time is 4:00pm CT / 5:00pm ET Livestream Links Below:
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Tag Archives: Artificial intelligence
President Trump Announces Nomination of Florida Senator Marco Rubio as Secretary of State
Posted originally on the CTH on November 13, 2024 | Sundance
I’m not going to dwell too much on this announcement, because it has already been discussed.
President Trump has announced his nomination of Florida Senator Marco Rubio for the position of Secretary of State.
[Source]
This move takes Marco Rubio out of the position of Chairman for the Senate Select Committee on Intelligence (SSCI). That’s the sum value of this move, and the companion reason for President Trump to appoint Steven C. Witkoff to be Special Envoy to the Middle East. (link)
Senator Marco Rubio will be State Dept Secretary with a short leash and a very limited portfolio. However, from his perspective the political status and future value is awesome. It will be interesting to see: (1) who is appointed chairman of the SSCI, and (2) who Ron DeSantis appoints as Rubio’s replacement.
“Great Honor”…
“Major Award”…
World Bank Missing $41 Billion in Climate Funds
Posted originally on Nov 8, 2024 By Martin Armstrong
A new report by Oxfam, “Climate Finance Unchecked,” has determined that the World Bank has $41 billion in unaccounted funds that were destined to fight climate change.
This figure represents 40% of all disbursed climate funds by the World Bank. Oxfam’s audit revealed that between 2017 and 2023, between $24 billion and $41 billion simply went unaccounted for and there is absolutely no record of where the money went. No one knows how the money was used as there is no paper trail revealing where the money went.
“The Bank is quick to brag about its climate finance billions —but these numbers are based on what it plans to spend, not on what it actually spends once a project gets rolling,” said Kate Donald, Head of Oxfam International’s Washington D.C. Office. “This is like asking your doctor to assess your diet only by looking at your grocery list, without ever checking what actually ends up in your fridge.”
The World Bank is a leader in climate finance, controlling 52% of the total flow from all multilateral banks combined. World Bank President Ajay Banga announced in December that the bank achieved 35% of its financing three years ahead of schedule. He then set a new target of 45% by 2025. The bank later said in September that it achieved 44% of climate financing to the tune of $42.6 billion. “We’re putting our ambition in overdrive,” Banga said.
The bank acknowledged that it was difficult to keep track of its 800 climate financing projects but offered no insight into the missing funds. “It is clear that no one — including the Bank — has any real idea of how many billions of dollars are going to which climate actions,” the Oxfam report said.
Yet, climate activists are demanding $5 trillion in ANNUAL financing for the Global South to pay toward climate debt. Where did the $41 billion go? That large of a sum simply cannot be lost in a mere paperwork or oversight error. The climate change agenda has become a slush fund for the elite who will continue to fund this agenda without taking any responsibility for where the funds go or if they’re actually altering the climate in any meaningful way.
Germany Gov’t First Shake-Up With Trump Victory
Posted originally on Nov 6, 2024 By Martin Armstrong
Germany is the first real casualty of Trump’s victory. Europe is also turning to the right, rejecting the same losing leftist policy spouted out by Harris. Chancellor Olaf Scholz just fired Finance Minister Christian Lindner, putting at risk the collapse of the German ruling coalition between the SPD and the Greens after three years. There have been differences in the budget and economic policy positions between the two factions. Lindner’s departure could lead to the FDP exiting the coalition.
Lindner of the FDP issued a paper that outlined his vision to revive the German economy. However, it argued against both fundamental positions of the SPD and the Green party. Hence, the German Finance Minister Christian Lindner has realized that the solutions undermine the socialist and green agendas. His paper provided a practical attempt to analyze Germany’s problems facing Germany. However, it argues that they have been unable to agree upon a 2025 budget, which still had a funding gap of several billion euros and was still being negotiated. The deadline for the budget was set for later this month.
Absolutely Amazing – SpaceX Returns Starship’s 250 Ton First-Stage Booster Directly to Launch Tower
Posted originally on the CTH on October 13, 2024 | Sundance
This is a remarkable feat of engineering and mechanics. SpaceX returned Starship’s huge first-stage booster, known as Super Heavy, directly to its launch mount, catching it with the “chopstick” arms of the launch tower in a bold and unprecedented maneuver. WATCH (prompted):
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According to Elon Musk the Starship first-stage booster weighs 250 tons. The launch apparatus just caught it when it returned. Remarkable.
Congratulations, SpaceX and Elon Musk
The Panic Cycle in September A Warning for the Future
Posted originally on Oct 5, 2024 By Martin Armstrong
QUESTION: Marty, it appears that the September panic was on the upside, and it also appears to be a turning point. It looks like it may be a high in the Dow and Gold on a closing basis. I must say, it’s far easier to see now that this election may be the last. Does making a panic to the upside and a high dovetail into a war scenario you have been warning about for the election?
Kerry
ANSWER: I laid out the risks in gold on the private blog. Yes, the Panic was to the upside (see Glossary), and you are correct; this does not bode well for the near future. A Panic to the Downside would have provided a buying opportunity in October, but this pattern is sending up a red flare. A Panic to the Upside is a clear warning that the pattern unfolding is very serious, and it indeed includes the high probability of major civil unrest that will hurt domestic markets as nobody will accept the outcome. The problem we have is what I warned about throughout this year. There remains a risk that our Neocons fear a Trump victory and are pushing for war before the Election.
Israel attacked a Russian airbase under the pretense that Iran dropped off supplies there for Hezbolla. Our office in UAE has reported that Russia has warned all Russians to get out of Israel ASAP. Meanwhile, Russia is turning up the heat in Expanding in Ukraine. Zelensky sent a force to invade Russia in hopes that they would attack anything in NATO to claim Russia was the aggressor. Putin is not stupid.
Zelensky’s Victory Plan is to use long-range missiles to wage a full-scale war on Russia to destroy as much as possible prior to a NATO invasion. I have warned that Putin must reverse his position and take this war seriously as a NATO invasion or be overthrown by the Russian hardline Neocons. Our model targeted October for this, so we have just seen Putin reject peace negotiations. He has been forced to see reality. He has authorized glid bombs launched from aircraft, but he may also use the Father of All Bonds, which is the largest non-nuclear weapon that has the impact of a small nuke.
Our office in the UAE is reporting that while Israel attacked the Russian airbase, it seems like the people of Syria are split on whether they like Assad or not. The Kurds are against Hezbollah/Iran/Russia and were quite happy Israel took out Nazrellah. Iranian Khomani spoke to unite the Muslims against Israel. Our staff there commented that it seems like it’s going to kick off when Israel attacks Iran.
It’s a holiday in Israel this weekend, so it is normal to go quiet. However, Biden did respond to a question if attacking Iran’s energy facility is likely. He said he was in discussion with Israel, thereby confirming that the US is involved strategically. That was not very smart. That statement confirms to the Arab world that the American Neocons are involved.
The other side of this same coin is that Iran could also shut down the Strait of Hormuz, which would send energy prices sky-high in the West using oil as a weapon, as was the case during the 1970s. It was October 7th, 1973 when Iraq nationalized the holdings of the two U.S. oil companies operating in the Arab nation, Exxon and Mobil. They did so to show support for Egypt and Syria in their war against Israel.
This was 51 years ago. Our models show that Crude is likely to press higher, but it will be in 2025 when we see the annual level become a grave issue. We may see a crisis in energy by March 2025 becoming obvious.
Glossary
Panic Cycle – Normally, a Panic Cycle is something that will exceed the previous high and penetrate the previous low. It will traditionally take out both previous session events. However, it can also be just an extreme move in one direction, which is often indicated by opening above the previous high or below the previous session low.
Richard Stern Breaks Down The Reality Of What Dems Economic Policies Would Look Like
Posted originally on Rumble By Bannons War Room on: Sep 30, 2024 at 07:00 pm EST
Canada Halts Digital Loonie
Posted originally on Sep 25, 2024 By Martin Armstrong
Over 130 nations are attempting to create a digital currency as we move toward a cashless society. I recently explained how Australia is prioritizing a wholesale CBDC with a retail one to follow. The Bank of Canada recently shelved plans to create a digital Loonie, but rest assured this is a mere pause as the world will move to digitalization.
“The Bank has undertaken significant research towards understanding the implications of a retail central bank digital currency, including exploring the implications of a digital dollar on the economy and financial system, and the technological approaches to providing a digital form of public money that is secure and accessible,” the bank said in an email statement. The fact of the matter is that Canada simply could not determine how to execute a digital Loonie properly. The bank will now focus on “evolving” its payment system.
One aspect most nations are facing is that it would be easier, seamless even, if every developed nation agreed to go digital. But, more on that later.
The Bank of Canada released “The Role of Public Money in the Digital Age” in July 2024 to discuss the importance of creating a digital currency to “uniform money.” The central bank identified the following risks:
“Over that horizon, three interrelated and overlapping trends pose risks to the monetary system. First, the overall digitalization of the economy and financial system is increasing demand for digital payments. Second, due to the first trend and other conditions, use of cash has been declining at the point of sale for many years. The third trend is the emergence and proliferation of private cryptocurrencies and digital assets, including foreign CBDCs. These trends pose risks to the monetary system through three mechanisms: • increased potential that fragmentation of the monetary system could create inefficiencies • increased ability of issuers of private forms of money to exert market power • increased difficulty implementing timely and adequate regulation due to the rapid pace of change”
Unlike Australia, Canada sought to tackle retail immediately and stated cash was “no longer a viable payment option.”
The central bank recognized their legal right to have a monopoly over the money supply and noted that cryptocurrencies were threatening their overall power. Central banks DO NOT want people to use crypto as an alternative to their currency and will do everything to prevent it from happening. “When different forms of money (including alternative units of account) compete in a jurisdiction, users need to monitor both risks and exchange rates, and the resulting frictions provide scope for the issuers of these alternative forms of money to exert market power. Ultimately, these frictions and abuse of market power reduce the efficiency of the economy,” the report stated.
Now the central bank recognized it could not simply cancel the currency without public backlash. They fear that the public will use alternative payment methods, and so the plan was to slowly phase out physical money. “We do not suggest a “CBDC alone” approach. On the contrary, in the status quo policy, the availability of retail public money interplays with the evolution of the regulatory components of the monetary system to ensure their continued effectiveness.”
As I have stated countless times, money is whatever someone is willing to accept as payment, be it gold or seashells, as in ancient times. The public at large is not ready to accept a CBDC if they are presented with a choice. If Canada were to implement a digital Loonie, it would run the risk of people using other currencies or crypto to complete transactions.
The bank said it will continue monitoring GLOBAL retail CBDC progress as all financial institutions await the moment when they can align their activities. This is why we see a heightened need for biometric data and digital identifications, which will one day tie into your financial accounts and you simply will not have a choice in digital or physical currency if paying on the grid.
Governments will become increasingly tyrannical as we move towards 2032 and the end of this private wave. The globalists’ ideal monetary system would entail one universal currency, similar to what the International Monetary Fund has been developing for years. Canada, an IMF member, has decided to await future global developments, but do not mistake this pause for a ceasefire in the war on cash.
Digital ID You will Beg For!
Posted originally on Sep 25, 2024 By Martin Armstrong
QUESTION: You have said that this border crisis has been brought on to rig the 2024 election. How will this play out for the election?
SC
ANSWER: I do not see this ending well at all. It is one more ploy that will have society pleading for digital ID as the solution to this crisis. They will pitch the idea that had we had digital ID, this crisis would never have taken place. Europe is already planning this same biometric-digital ID. You have hospitals wanting to scan your palm and Amazon saying you can buy with just your palm being scanned.
This immigration crisis is clearly twofold. The Democrats instigated it, just as I have said that I encountered when trying to negotiate with Australia on behalf of Hong Kong. They are in a declining bear market, making lower highs and lower lows. They will collapse just as the Federalists did because they preach a big centralized government that always fails.
That is what instigated the border crisis. Then you have the Deep State, which is paranoid like Joseph Stalin, and they want to track absolutely everyone, and that extends to the political beliefs and economic condition. Just as in 9/11, they love crises because they always use them to expand their power. As I have said, I know that the first World Trade Center terrorists drew the Twin Towers on the wall of their cell with planes going into them. They knew the plot and let it happen if they had not helped it along.
The very day before Russia crossed the border, they had Zelensky stand up and publicly state that Ukraine was going to rearm itself with nuclear weapons. He knew Russia was on the border and wanted to make sure they invaded.
Zelensky admitted to the Washington Post that he knew when Russia would invade. He had that intelligence from the USA. His comment about seeking nuclear weapons the day before was to make sure Putin took the bait to start this entire war. He knew and was told to make sure Putin crossed the border.
The Border Crisis was instigated on the very first day Biden took office. This was to flood the country to influence the 2024 election. The Deep State did not organize this. However, they have seen the opportunity as they did with 911. The solution to the election crisis and the illegal aliens will be accelerated when we have domestic terrorism that they will blame on Chinese illegals, some 40,000 so far, who are here to destroy the USA. They have deliberately allowed terrorists into the country, and they will use this for war against China and to lock us down, as COVID was the dress rehearsal.
To be patriotic, you will surrender and agree to a Biometric Digital ID so they can filter out the terrorists. You will beg for the Biometric Digital ID; they always benefit from a good crisis. Those in the bowels of DC are paranoid like Stalin. They fear losing power, and everyone is a potential threat – We the People.
The media does not wish to reveal why Pelosi delayed the National Guard on January 6th. They were concerned that most people in the National Guard were Trump supporters and feared they might be allowing a Trump army to take Washington, DC. Some Guardsmen were asked who they voted for. Simply put, the National Guard only shows up to D.C. when they’ve been invited, and the Capitol Police did not extend that invitation until after the breach, according to a source with knowledge of the process, who was not authorized to speak about it on the record according to the Military News.
Pelosi ordered the fence to be put up again in 2021 because there was a protest in support of the January 6th protesters. The government is terrified of the people, and they know that their policies are creating tremendous discord that will unfold in the form of more civil unrest. This will most likely reach a boiling point regardless of who wins the election.
The damage that took place by the LEFT when Trump was inaugurated is an example of what we should expect. In fact, the City of Washington was sued by business owners because the police just let them do as they liked. The City had to pay $1.6 million is damages.
They intend to restrict traveling inside Europe, and Americans will need a Visa as of January 1st, 2025 to even visit, killing their tourist trade. The EU is frightened about revolution. They are well aware of the 1848 Revolution that swept Europe. It began in Sicily and engulfed all the countries, even overthrowing the French government. Their solution is to prevent people from traveling to cut off any possible widespread revolution. They will use climate change, and you will have a “carbon footprint,” and they will determine if you have traveled too much for the year.
They will do the same in the USA, all to retain power because they are scared to death of We the People. Most airline stocks peaked in 2020. Why? Most are showing high volatility by 2026. The markets are picking up this trend in airlines of many countries.
Ford Files Patent to Spy on Drivers
Posted Sep 18, 2024 By Martin Armstrong |
Governments are pushing the public to switch to smart vehicles to reduce fossil fuel consumption, but there is also a second motive – surveillance.
This September, Ford filed a new patent to eavesdrop on riders. They plan to share this information with third-parties to personalize the advertisements riders hear. Ford will also take the driver’s destination into consideration to determine location-specific advertisements and suggestions. The technology will factor in the weather, traffic, and all external sensors to fine tune when and what to market to passengers.
Advertisements are perhaps the least ominous use of voice data based on the plans that these car manufacturers have. Car insurance rates in the United States spiked 26% in the past year, which is partly due to car manufacturers sharing ride data with insurance companies. Even older cars with basic features like OnStar have tracking devices that report your driving behavior to the manufacturers who share your data with insurance companies and, ultimately, the government. LexisNexis, which tracks drivers’ behaviors and compiles risk profiles, has been sharing individual data with General Motors, who passes that information along to the insurance companies. General Motors.
One driver demanded that LexisNexis send him his personal report, which was a 258-page document containing every trip he or his wife took in his vehicle over a six-month period. LexisNexis said that this data will be used “for insurers to use as one factor of many to create more personalized insurance coverage.” They even reported small issues such as hard breaking and rapid acceleration, according to the report. “I don’t know the definition of hard brake. My passenger’s head isn’t hitting the dash,” an unnamed Cadillac driver enrolled in the OnStar Smart Driver subscription service told reporters.
“Cars have microphones and people have all kinds of sensitive conversations in them. Cars have cameras that face inward and outward,” a researcher with Mozilla Foundation told the Los Angeles Times. In fact, 19 automakers in 2023 admitted that they have the ability to sell your personal data without notice. Law enforcement may subpoena these records as well.
Ford claims that the patent was submitted, but they do not necessarily plan to use the technology. “Submitting patent applications is a normal part of any strong business as the process protects new ideas and helps us build a robust portfolio of intellectual property. The ideas described within a patent application should not be viewed as an indication of our business or product plans. No matter what the patent application outlines, we will always put the customer first in the decision-making behind the development and marketing of new products and services,” Ford said in a statement released to MotorTrend.
Now, the US Department of Transportation is permitted to mandate that certain manufacturers provide them with vehicle data. Sens. Ron Wyden of Oregon and Edward Markey of Massachusetts testified that all vehicles in the United States with a GPS or emergency call system are collecting travel data that car manufacturers have remote access to via the computer chips. The computer chips are compiling data on vehicle speed, movement, travel, and even using exterior sensors and cameras to record the vehicle’s location.
All of this violates the Fourth Amendment which protects against unreasonable searches and seizures without probable cause. These car manufacturers are surpassing what anyone would consider a reasonable expectation of privacy. Governments, third-party advertisement companies, and insurance companies all have warrantless access to personal data, and drivers are largely unaware they are being spied on. Section 702 of the Foreign Intelligence Surveillance Act permits the government to have backdoor access to this data.
The aforementioned senators’ concerns fell on deaf ears at the Federal Trade Commission. The Department of Transportation clearly is not listed within the US Constitution. People are already experiencing stiff consequences from autos sharing data with the sharp uptick in insurance rates. Our freedom of movement is under attack. Our data has become more valuable than gold. The legal implications fall under a grey area as the Founding Fathers never expected their newly created government to turn against their own citizens.
Centinel2012 