The Rule of Law – BEWARE Crypto-Lovers


Armstrong Economics Blog/Cryptocurrency Re-Posted May 2, 2023 by Martin Armstrong

COMMENT: Mr. Armstrong; I think it might be helpful to explain to people that the government can subpoena any third party with regard to cryptocurrencies and they will turn over whatever they have that will incriminate a person. As a lawyer, I have to defend a client who thought Bitcoin was exempt from central banks and totally safe. He even seemed to think if there was a nuclear war that Bitcoin would still exist in South America. Some people are just so gullible it is sad and now he faces several years in prison for tax evasion. Perhaps it would help to explain how a third party will turn over whatever they have on you and that includes Google etc.

Many people listen to you because you are not a conspiracy junkie.

All the best

WH

ANSWER: You have a good point. DO NOT even allow Microsoft One Drive to have anything. The government will subpoena any third party and they will give up everything. I do not understand why people are such diehard Bitcoin lovers. ANYTHING that will be on the power grid the government will control if you believe it or not.

Bitcoin is a TRADING vehicle no different from cattle. It is NOT a store of wealth, as it fluctuates like everything else. This is a quarterly chart of Bitcoin. It rises and falls no different than any other instrument. It is not a “store” of value maintaining some constant value to park your money.

ALL cryptocurrency is on the target list for the Biden Administration. We are entering the final stages of the Decline & Fall of Western Civilization. You can see as we progress, they will become more and more aggressive because they can feel their power slipping away. ONLY tangible assets make the transition to the new value on the other side of 2032. NOTHING digital will make that transition.

Both the United States and Europe will split. That means the rules will be different everywhere, and there will be places without power. No power = no value for any digital currency. Let’s get realistic here.

Senator Mitch McConnell Reminds White House of the Republican #1 Priority


Posted originally on the CTH on May 2, 2023 | Sundance 

The professional Republican Party is totally and completely disconnected from the average MAGA voter within it.  Cue the visual demonstration from today:

[Source Tweet]

This disconnect between the Republican establishment and the base voter has always been frustrating and annoying, but now they are taking it to entirely new levels of ridiculousness.   There must be multiple siphons and financial laundry operations from this Ukraine policy.  Nothing else makes sense.

Seriously.  Go ahead and tell me how the professional Republican Party is worth saving.  I’ll be over here, supporting President Trump.

Also, there’s a Twit video of Mitch McConnell below (from today) that everyone must see.  You tell me what’s going on. Something weird.

After spending several weeks recovering from a brain injury, this is Mitch McConnell today:

Posted in Big 

Interior Secretary Deb Haaland Testifies It’s Better to Get Rid of Jobs in USA, Live in Poverty and Save the Planet – Even if Rest of The World Doesn’t Do It


Posted originally on the CTH on May 2, 2023 | Sundance 

Around 15 years ago CTH outlined the inclusive goal of the progressive movement, modern Democrats as they were evolving, was to deconstruct the U.S. economic system so that Americans would be forced to live in government-controlled poverty. Essentially reduced to circling a campfire, eating sustainable algae cakes and picking parasites off our family members.

Most people understandably scoffed and said we were being hyperbolic.  However, what we were highlighting was the natural conclusion of a visible ideology and set of policies.  The modern democrat ideology is based on a worldview that feudalism is superior, and Democrats are elite in their global magnanimity (defined as their virtuous self image).

Fast forward a decade+ later, and there is Joe Biden’s Secretary of the Interior, Deb Haaland, explaining why it is better for the health of the planet if Americans lose their jobs, lose their economic sustainability, starve in feudal poverty, as the virtuous government ships all the dirty jobs to China and retains their clean pro-climate agenda.   In Haaland’s defense, it should be noted that this has been the policy of Canada for quite a while.  WATCH: 

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Insert vote, pull lever, get pellet… repeat!

Government Corruption is Unprecedented


Armstrong Economics Blog/Corruption Re-Posted May 1, 2023 by Martin Armstrong

COMMENT: Hi Martin
Thanks largely to you, my family and I never took the covid vaccines. You are/were right that the Covid pandemic was a scam.
However, today, I read a post by you that reported that an 11% spontaneous abortion rate is something to be concerned about. The average miscarriage rate for woman younger than 35 is 15% and it gets worse, the older you get.

HH

REPLY: I think this T-Shirt sums it all up. We cannot survive under a Republic without term limits. Once someone becomes a politician, all is lost. Our politicians have been bribed and now there is a lawsuit filed against the head of the EU for she never put it to Parliament, bought billions of doses many times more than the population of Europe, with ZERO accountability.

These people have crossed to the other side and we become the enemy. I was in British Columbia about 20 years ago and I was totally shocked by a left-wing woman politician I do not remember her name. She actually said that EVERYTHING we earn belongs to the government. They decide how much we are allowed to retain.

Klaus Schwab is an academic. Most are just Marxists and believe that they need to suppress human nature and we should own nothing, surrender all imagination and creativity, and just work like ants in their leftist vision of a farm.

Schwab’s Dream – the Ant Farm

Sudan – The Russian Connection and New Proxy War


Armstrong Economics Blog/War Re-Posted May 1, 2023 by Martin Armstrong

Sudan is the new site for the ongoing proxy war between Russia and the West, reminiscent of the Syrian conflict. The media had turned a blind eye to the internal conflict in Sudan under the idea that it did not involve us, unlike other global wars that can be used for profit and power. Then Russia became involved, and the world began to notice the destruction happening in the African country. Russian oligarch Yevgeny Prigozhin is allegedly providing weapons and humanitarian aid to the RSF under the Wagner Group, a Russian paramilitary organization. Prigozhin claims Russia has not been involved with Sudan for two years, but numerous sources state otherwise. No one cared about the people of Sudan until Russia became involved, and now there is an international outcry with false flags galore.

“We do have deep concern about the engagement of the Prigozhin group, the Wagner Group, in Sudan,” US Secretary Anthony Blinken told reporters. “It’s in so many different countries in Africa — an element that, when it’s engaged, simply brings more death and destruction with it.” Wagner Group does operate in numerous countries in Africa and even has a naval base in the Red Sea that was established in 2019. Moscow has gained access to natural resources, military bases, and satellite locations, as well as securing arms deals, in exchange for providing mercenaries through Wagner. Most importantly, Russia has access to the gold mines in Sudan. The West is accusing Russia of using the proceeds from these mines to fund the war in Ukraine. There are also reports of Russian mercenaries surrounding the port of Sudan, and there are claims they are preventing people from evacuating.

The biggest false flag in Sudan — there is a risk of a “germ bomb” spreading across the globe after Sudanese soldiers hijacked a biolab. The World Health Organization (WHO) says the biolab poses a “huge biological risk,” and trained medical technicians can no longer access the facility. The facility has no power, and “it is not possible to properly manage the biological materials that are stored in the laboratory for medical purposes.”

Polio, measles, and cholera are the only diseases that they are reporting on. Coincidentally, these are illnesses with developed vaccinations, although the cholera vaccine is not widely used in the US. This could be a method to encourage vaccinations on the global population once again. It is also an excuse for foreign nations to invade under the premise of health vs. wanting to expel Russia.

What happened in Sudan is precisely what happened to all nations, empires, and city-states before their demise. Change happens once the people protecting those in power side with the disgruntled people pleading for revolution. The military generals who stick by the government are in direct conflict with those who wish for a regime change. As in Sudan, the military is no longer one unified body but becomes multiple warring armies fighting for power. This has been going on in Africa (e.g., Somalia) and countries in the Middle East for a long time. We will soon see the same course of action in the West—it’s just a matter of time.

FDA Study Finds COVID Vaccine Causes “Spontaneous Abortions”


Armstrong Economics Blog/Disease Re-Posted May 1, 2023 by Martin Armstrong

An 8-page study entitled, “PREGNANCY AND LACTATION CUMULATIVE REVIEW” reveals that the FDA and Pfizer knew that the mRNA COVID vaccines were dangerous for pregnant and breastfeeding women. The study was conducted at the request of the FDA, but the agency is still encouraging this demographic to take the vaccines. They tracked 673 women, 458 of whom had exposure to the vaccine, and 215 who were breastfeeding. The majority (54%) of pregnant women had at least one adverse reaction to the vaccine.

Worse, 11.6% of the women experienced miscarriages or “spontaneous abortions.” That means over 50 babies died just in this small sample. Any vaccination or drug that produced such a high rate of miscarriages would have been immediately pulled from the market and class-action lawsuits would appear on every other TV commercial. But the pharmaceutical companies have full immunity and the FDA is hiding these findings. “A live infant was delivered by passed away a day later. Cause of death was cited as extreme prematurity with severe respiratory distress and pneumothorax,” multiple cases stated. Other cases note “spontaneous rupture of membranes,” resulting in miscarriage.

Six babies were born prematurely and experienced serious “adverse effects” such as rapid heart rate, respiratory illness linked to spike protein, rashes, and other infections. “Patient’s 33-year old mother had preterm delivery at 24 weeks and 2 days via emergency cesarean section. The fetus experienced maternal exposure during pregnancy via transplacental route on an unspecified date,” another case states. Four women actually had COVID while pregnant, as we know with certainty that the vaccine does not prevent infection.

The study admits that the vaccination was passed on to the baby in-utero. “Exposure via breast milk/maternal exposure during breastfeeding” is also a known problem as 20% of the 215 lactating mothers reported adverse reactions. It is unknown what will happen to the surviving children as they grow, raised on tainted breast milk.

This study was conducted on February 28, 2021. There have been no calls from any health agency to dissuade expecting mothers from taking the vaccine. This would typically be an extremely unethical review that no board would approve of funding, but the entire global population has been the test subjects and we still do not know the long-term consequences. There have been no official tests on pregnant women or breastfeeding mothers, in fact, they were deliberately excluded from trials.

Zelensky Selling State Assets to Line His Pockets Before Fleeing to Miami


Armstrong Economics Blog/Ukraine Re-Posted May 1, 2023 by Martin Armstrong

Zelensky is slick. He is now lining his pockets with the goal of becoming a billionaire when he flees to his estate in Miami. He is now trying to sell off all state assets in the fossil fuel sector to corporations like ExxonMobil, Chevron, and Halliburton. Of course, these companies are all showing that war is coming. The volatility rises sharply from 2024 on and a critical target will be 2026. This is what makes me think that the Neocons will do whatever it takes to stop Trump and that will include even assassinating him as they did to JFK to wage their war against Russia in Vietnam.

Robert McNamara (1916 – 2009) was a leading Neocon that pushed the country into the Vietnam War.  He was famous for saying: “I learned early on never answer the question that is asked of you. Answer the question that you wish had been asked of you. And quite frankly, I follow that rule. It’s a very good rule.”

Before he died, McNamara wrote a book, perhaps to clear his conscience, and finally admitted that they were wrong, particularly in their assessment of Russia as a threat. The Neocons today regard him as a traitor and wrong. I have yet to hear even any kind word about him from their camp of endless wars.

The perception that Russia is a threat is still dominating the agenda today. The propaganda that Putin is a KGB guy who wants to re-establish the Soviet Empire is absurd. In the 22 years that he has been in power, he has neither tried to re-establish communism nor has he sought to retake the old Soviet states like Poland, the Czech Republic, or even Ukraine. The same claims today about Russia are the very same ones that justified Vietnam.

Looking at the cycles in the markets and war, these people will destroy Western Civilization. The Ukrainian people are absolute fools, for their leadership is also so wrapped up in their hatred of all the Russian people that they are leading their country into total destruction. Ukraine will cease to exist as a country that they dreamed of. They are surrendering their lives all for the dreams of the Neocons with Blinken in charge.

Several families with people in the military are reporting that soldiers are being informed we will be at war as soon as this year. Then Army aviators, who are entitled to leave, have been told they suddenly now owe 3 more years instead. People are suddenly finding out that we are not in Kansas anymore. We have no rights, and the Neocons have seized control of Washington. Welcome to their version of democracy.

Writing on Twitter, Mykhailo Podolyak said the U.S. and other Western nations encouraged Ukraine to give up nuclear weapons as the former Soviet Union collapsed, offering safeguards in return. This was misinterpreted by Russia, leading to conflict, Podolyak is the warmonger who argues that there shall be no surrender of the Donbas despite the fact that the population there are Russians and that Kyiv began the civil war on the order of the American Neocons. It is not that Ukraine surrendered its nuclear weapons; that is a fool’s argument. Europe and the US have nukes and so do Russia and China yet we are headed into war anyway. He will not let the people of the Donbas vote in a democracy when they are treated like vermin and are hated as Russians. This is why Ukraine has become an evil empire destined to create World War III just as our computer forecast back in 2013 one year before their revolution of 2014.

Here are other “advisers” to Zelensky.

Senator Ron Johnson Notes Republicans on Senate Homeland Security Committee Refused to Support Hunter Biden Investigation


Posted originally on the CTH on May 1, 2023 | Sundance 

During an interview on Sunday conducted by Maria Bartiromo with Senator Ron Johnson, ranking member of the Senate Homeland Security Committee, Senator Johnson revealed that Republicans on his own committee refused to investigate the issues that surfaced from the Hunter Biden laptop, because they were worried about the appearance of politics during a 2020 election year.  Note, that’s an outcome of a Mitch McConnell decision.

Additionally, following revelations from the laptop of Hunter Biden, Senator Johnson outlines that current Secretary of State Anthony Blinken lied to congress when he said he never had any email contact with Hunter Biden.  Emails from Secretary Blinken are on the Biden laptop. WATCH:

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Against Backdrop of Inflation Continuing, Fed Set to Raise Rate Again Before Debating Pause


Posted originally on the CTH on May 1, 2023 | Sundance 

Everything about the process of cutting down energy exploitation, then driving supply side inflation, then raising interest rates to shrink demand (stem inflation) created by a desire to lower economic activity to the scale of diminished energy production, is a game of pretending.

The collateral damage from the rate hikes has been the banking destabilization, which shows the priority of the government officials and central banks to support the climate change agenda.  Into the game of pretending comes the second unavoidable consequence with inflation continuing as a result of the energy policy.

They simply cannot cut energy demand enough to meet the diminished scale of production.  There is no alternative ‘green’ energy system in place to make up the difference. That is the reality.  Now, the fed is scheduled to raise rates again, then begin to debate the collateral damage as they continue the pretending game.

(Via Wall Street Journal) – […] Another quarter-percentage point increase would lift the benchmark federal-funds rate to a 16-year high. The Fed began raising rates from near zero in March 2022.

Fed officials increased rates by a quarter point on March 22 to a range between 4.75% and 5%. That increase occurred with officials just beginning to grapple with the potential fallout of two midsize bank failures in March.

The sale of First Republic Bank to JPMorgan Chase & Co. by the Federal Deposit Insurance Corp. announced early Monday is the latest reminder of how banking stress is clouding the economic outlook.

Fed officials are likely to keep an eye on how investors react to that deal ahead of Wednesday’s decision, just as they did before their rate increase six weeks ago when Swiss authorities merged investment banks UBS Group AG and Credit Suisse Group AG. (read more)

There is no other way to look at the combined policy without seeing a Central Bank Digital Currency (CBDC) in the future.  All of these combined policies are creating a self-fulfilling prophecy.

Stop energy production. [Jan 2021]

Supply side inflation begins.

♦Raise interest rates. [April 2022]

Economic activity slows (but not enough).

♦Continue raising interest rates.

Banks destabilize. [Q1 2023]

Inflation continues.

♦Continue raising interest rates.

Economic activity slows (but not enough).

Banks continue destabilizing. [Q2 2023]

♦Continue raising interest rates.

Evaluate banking pressure. [We are Here]

Banks cannot withstand pressure.

Create CBDC

Victor Davis Hanson Gives Big Picture Perspective on Fox News and Tucker Carlson Firing


Posted originally on the CTH on April 30, 2023 | Sundance 

Victor Davis Hanson often has a unique big picture perspective on current events, linking and contrasting the disconnected high-brow outlook to the pragmatic perspectives of the modern populist movement.

Hanson takes an academic approach to the reality of current social constructs, yet in his own unique way he can describe the current status in a thoughtful and practical way.  In this analysis VDH contrasts the goals of the ideological media, specifically the goals of those in the Republican wing of the media control apparatus, to the reality they have created by removing the voice of Tucker Carlson.  WATCH:

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In their quest to control the mounting opposition to the corporate manipulation behind the DC Potemkin Village, the corporate media are creating a nimbler and more consequential army of opposition to their efforts.  The need for control is a reaction to fear.

There is a particular type of spider that carries several hundreds of young on her body after birth.  If you spot one of these in your shower, and your irrational fear instinct is to smash what seems to be a big scary spider, what you discover in the aftermath is the bathtub walls moving.  Yes, you may have squished the spider, but hundreds of smaller spiders are now crawling all around you.