Posted originally on the CTH on February 15, 2023 | Sundance
A lot of people are going to cite and replay a part of the remarks by World Economic Forum head Klaus Schwab, where he outlines what attributes are needed in order to beome the new “Master of the World.”
However, the more interesting, buried lead in his remarks was his talking about the new power structures within global government. He literally says multinational corporations are the power centers for global government in the same way as nations like India. First, the soundbite everyone will discuss. WATCH:
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But don’t get too hung up on that one aspect of his remarks. The full speech is below, I suggest listening to it all, and pay particular attention at 04:50 where he talks about “the political transformation“.
Prompted, just hit play:
…”We are moving from a world more or less dominated by one super-power, into the patchwork of a multi-power world. With one superpower, a competing superpower, aspiring superpower like India, middle powers, but also rogue states, companies who have become global powers, technology companies – social media.”…
Posted originally on the CTH on February 15, 2023 | Sundance
Yes, Dianne Feinstein has been around the corrupt Democrat system of politics for a long time, and yes, she has exhausted her usefulness. Also yes, this story is entirely apropos of how the DC professional political class works.
Yesterday, it was announced that Senator Dianne Feinstein is retiring. Essentially, the powers in control of the UniParty club system are clearing the way for Senator Adam Schiff, who will – not coincidentally – be maneuvered into position on the Senate Select Committee on Intelligence. However, the people around Feinstein forgot to tell her they were making a formal announcement.
WASHINGTON DC – Sen. Dianne Feinstein (D-CA) said she did not know her office released a statement saying she will not seek reelection in 2024.
“I am announcing today I will not run for reelection in 2024 but intend to accomplish as much for California as I can through the end of next year when my term ends,” Feinstein, 89, said in the statement.
Later on Tuesday, reporters at the Capitol asked her about the announcement.
“I haven’t made that decision,” she said, according to Savannah Behrman of the National Journal. “I haven’t released anything.”
A Feinstein staffer then told her, “We put out the statement.”
“You put out the statement?” the senator replied, seemingly surprised. (read more)
Now, accept this scenario as it is presented…. and consider something else.
Remember when Dianne Feinstein was Vice-Chair of the SSCI during the 2016 election?
You might remember when Hillary Clinton failed to win the race, and after the SSCI efforts to defeat candidate Donald Trump failed, in January of 2017 with the incoming Trump administration now presenting the new threat to the corrupt DC system, Dianne Feinstein was removed from the SSCI and replaced with Senator Mark Warner.
The responsibility to protect the corrupt systems was too big a task for Feinstein, hence the decision to replace with Warner. That’s the inside baseball way the corrupt levers of the U.S. government work. The overarching system is in place to protect itself.
Dianne Feinstein has exhausted her usefulness. As the Democrats work the system, don’t be surprised if they don’t wait for the election. We could see Feinstein with an early exit and California Governor Gavin Newsom with the job of appointing Adam Schiff to the Senate in the pre-positioning and control.
Unfortunately, the illusion of choice will continue so long as the RNC and DNC clubs continue to operate the structures.
You might also remember it was someone from inside Dianne Feinstein’s office who released the SSCI transcript of Fusion-GPS founder, Glenn Simpson, so that everyone could get their stories in alignment with the same narrative. At least Feinstein took the blame for it, as the story was told.
It was also not accidental that Dan Jones was Senator Feinstein’s lead staffer, who then left the SSCI job to work on the anti-Trump insurance policy from outside government, coordinating with DNC operatives, Fusion-GPS and ultimately Feinstein’s replacement, Mark Warner.
Senator Feinstein has simply outlived her usefulness.
The Ukrainian people WRONGLY believe that Putin is their enemy. You are looking in the WRONG direction. The Ukrainian people had better overthrow Zelensky fast before they lose their entire country and could come by April 26th. The US Secretary of State, Antony Blinken, just confirmed that he could care less about all the civilian deaths in Ukraine. This is a Proxy War against Russia and nobody actually cares at all for the Ukrainian people. Statistically, twice as many civilians die in wars than soldiers. For God’s sake – OPEN YOUR DAM EYES!
Blinken actually said that any peace deal between Ukraine and Russia that relinquishes the Donbas in exchange for peace will ‘open a Pandora’s box around the world.‘ First of all, this is the standard Neocon propaganda that somehow Russia really wants to conquer all of Europe. That is clearly total nonsense. Those days of occupying foreign lands are all in the base and were part of the old Imperialism Theory – the more land you have the wealthier you will be. The British Empire collapsed and that theory failed.
More importantly, he wants the Ukrainian civilians to die for his political policies against Russia. YOu are to sacrifice your future, your life, and your country. Putin is not your enemy, it is the West that is willing to sacrifice all Ukrainians for their political agenda.
The Russian people no more support such a war than the American people. Harry Patch, the last surviving veteran from World War I who is 11 years old, had the best suggestion for war.
” I felt then, as I feel now, that the politicians who took us to war should have been given the guns and told to settle their differences themselves, instead of organizing nothing better than legalized mass murder.”
The Ukrainian people voted for peace – that was the promise of Zelensky. He has been nothing by the Angel of Death and when Ukraine has finally become its own sovereign state in 1991, Zelensky has thrown that all away and only waged war for the Donbas which is occupied by Russians in a civil war instigated by the American Neocons led by John McCain. I am warning you, our computer is projecting that Ukraine will exist no more. You are throwing it all away for the Donbas. This was not what you voted for and you have no right to vote now to even end it.
QUESTION: Mr. Armstrong, JP Morgan seems to be cutting a deal with Zelensky to create an infrastructure fund to rebuild Ukraine. How can they create such a fund when the war is ongoing? Something does not seem right. Is this another scam like FTX?
WL
ANSWER: Stay away from this fund. Do NOT invest 10 cents. Yes, you are correct, you do not repair the infrastructure when the war is still ongoing. That makes zero sense whatsoever. Worse still, Ukraine will not survive as a nation-state anyway. Zelensky makes sure he has enough stashed offshore to make his getaway when the curtain falls. They can hand them tanks and planes and NATO troops will really be the drivers. The West has ZERO regard for the Ukrainian people. If they cared about what was really going on, they would let Zelensky enter peace talks.
They will keep this war going until every Ukraine is dead. There will be NO Ukraine. Their dream of having their own sovereign state will vanish with the last breath of the last Ukrainian when they fall on the battlefield. This is a pointless war all for a strip of land that has been historically Russian for centuries.
Whatever money you invest in such a fund will be 100% lost.
QUESTION: At the WEC, you said as the nation breaks apart, the most likely course of action will be the creation of local currencies. You also said you would post a catalog of Depression Scrip. I have not seen that. Can you post that, please?
Thank you for a great WEC. Always learning something new.
GJ
ANSWER: Sorry. I may have forgotten to publish that because I searched Amazon and could not find it. It was published back in 1984. Because Depression Scrip is not a huge field of collectors largely because most have never heard of the existence of private currency during the Great Depression, this book is quite rare. You may find some used copies that go for $125 or more.
I have studied the subject from the standpoint of economics. During the reign of Tiberius (14-37AD), he was very frugal and as such there was a shortage of money which led to a Financial Panic in 33AD. During such periods, private money surfaces as a necessity. This is why history repeats because human nature never changes. It will always respond the same way.
Here is private money from the Panic of 1837. The denomination reads 12 1/2 cents. This was issued by a Coffee House. Here is a half-penny issued by the New York store of Macy’s in 1876 following the Panic of 1873.
Throughout history, we see the very same reaction each and every time. I have collected a large number of private currencies covering the various financial waves of panic since Roman times. It has been a critical part of being able to forecast what takes place during these events. The common denominator is always humanity since we never change for thousands of years. We only progress in terms of technology – not our human emotions.
Here is private scrip issued by the San Francisco Clearing House where transactions were settled in the bond and stock markets. The backing was the private shares in companies. This was the Panic of 1907.
Here is another issued in 1908 in Augusta, Georgia. It was the Panic of 1907 that really we began to see widespread stock exchanges issuing money that began because if there was a shortage of cash, you could not conduct any business whatsoever since it was impossible to pay.
Here is the Chicago Clearing House which issued private money during the Great Depression in 1933. We find various stock exchanges issuing private currency in times when there was a shortage of money because people were hoarding their cash in times of uncertainty.
This was the very first Depression Scrip I ever saw and immediately purchased it. This opened the door in economics for me to understand how things function during a great crash. What took place during the Great Depression was that there was such a shortage of cash, over 200 cities began to issue their own currencies just to enable transactions to take place. Businesses could not hire people because there was no available cash to pay them
There are catalogs available in German concerning the NotGeld, private issues of currency, during the Hyperinflation of the 1920s. Once again, it does not matter what nation or culture. The same human response will unfold every time.
As the United States breaks up, as is the case in Europe, we will see currencies appears on a regional basis. This is how it will always work. I spent more than two decades investigating these trends and collecting scrip from all financial crises going back to ancient times. Without access to these examples, there is just no economic historical account that has ever tied all of this together. I had to explore this all on my own.
QUESTION: Marty, Ever since the debacle in London with the long-term debt, there have been whispers in NYC about how the demand for long-term is drying up. When this becomes critical, is that when the whole thing comes crashing down?
KW
ANSWER: That was the real gist of Yellen’s speech back in October of 2022. Of course, the US press will never elaborate on this problem until it smacks them in the face. Yellen publicly admitted that the Treasury asked the primary dealers of US government debt for their views on the merits and limitations of a buyback program. The Treasury Borrowing Advisory Committee, made up of market participants, highly recommended considering the move because the demand for long-term was declining.
Yellen herself publicly acknowledged the decline in trading volume in 20-year bonds, which they reintroduced in 2020 thanks to COVID. Quoting from her direct comments:
“The 20-year Treasury is an area, an issue where there’s been less liquidity — but we haven”t made any decisions about it.”
Even the Securities Industry and Financial Markets Association came out and publicly also stated last October that there had been episodes of illiquidity. This was the same problem that created the Crisis in the Long-term British gilt market.
Institutions do not want to buy the long-term in the face of (1) rising interest rates to fight inflation, and (2) unlimited handing of money to Ukraine that will NEVER come back for Ukraine is a black hole and reliable sources are deeply concerned that Ukraine will lose and exist no more.
The escalation in debt on the horizon with World War III is beyond the capacity of the Primary Dealers to buy. They are strained now with the debt expansion for socialism, then Ukraine, and add War, this system is cracking NOW! The Primary Dealers cannot buy more debt than their balance sheets allow. The “whispers” running around have been on the street. The press has not articulated this for (1) it’s above their pay grade to comprehend, and (2) they cannot dare report the truth.
Posted originally on the CTH on February 14, 2023 | Sundance
Louisiana Senator John Kennedy attended a classified briefing today on the topic of the unidentified sky objects that Joe Biden administration officials have been shooting down with fighter jets and missiles. At the conclusion of the briefing, Senator Kennedy came to the microphones to answer questions.
Unfortunately, Senator Kennedy says the briefing did not explain what the objects are or why the administration is shooting them down. Additionally, the government has not found the three mysterious flying objects that were shot down in Alaska, Canada’s Yukon territory and above Lake Huron. Kennedy says if you are confused, you are holding an accurate assessment of the situation.
During the briefing the intelligence officials noted, they do not know what the objects are, they do not know what they are used for, they do not know where they come from, and they cannot find them after they have been destroyed. The obvious questions continue to mount.
The only clear information that Kennedy states was provided to the people briefed, was that these mysterious unidentified objects have been in/around our airspace since approximately 2017, according to the Biden officials. At the conclusion of his remarks and Q&A session, a curiously puzzled Senator Kennedy advised everyone, “to lock their doors tonight.” WATCH:
Posted originally on the CTH on February 14, 2023 | Sundance
The Bureau of Labor and Statistics released the January consumer price index today [DATA HERE] reflecting what you already know. The overall inflation rate stands at 6.4%, after the anniversaries of the first two waves of price increases have now tolled.
Inflation is the measure of price increases over time. Following two years of massive jumps in price, we are now cycling through and comparing current prices to the previous period when prices had already skyrocketed.
This gives a false impression of price moderation (hindsight inflation); however, the price of goods and services is significantly higher, and those prices will not drop. The higher prices are now embedded in the economy.
After a brief respite, a plateau, in energy price increases over Nov (0.5%) and December (0.4%), the January energy prices began climbing again (0.6%). This is what we have all noticed in the past three months.
Additionally, “shelter” costs, rent and housing, continue to increase in price (0.8%, January). Overall shelter costs now +7.9% for the 12 months preceding January, 2023, with rents up 8.6% for the period [Table-1].
We have also cycled through the anniversary of the first two waves of massive food price increases, ending January 2022. Despite that cycle, food prices still show an increase of 10.1% for the preceding 12 months. Cereals +15.6%, dairy +14.0%. These food price increases are on top of similar jumps in the period that preceded January ’22. Most of these volatile food price increases are attributable to the overall scale of energy and transportation costs. These prices will never reverse.
The issue is compounded because the inflation rate is still far exceeding the rate of wage growth. This means workers and working families are going backwards and spending more than they earn for the exact same housing, food and energy products they were purchasing a year ago.
This wage squeeze means little to no disposable income, which then applies to the rest of the household checkbook economics. With less disposable income, fewer non-essential products and/or services are purchased by working families. This situation creates the snowball effect of lessened overall economic activity.
(Via CNBC) – […] Rising shelter costs accounted for about half the monthly increase, the Bureau of Labor Statistics said in the report. The component accounts for more than one-third of the index and rose 0.7% on the month and was up 7.9% from a year ago. The CPI had risen 0.1% in December.
Energy also was a significant contributor, up 2% and 8.7%, respectively, while food costs rose 0.5% and 10.1%, respectively.
Rising prices meant a loss in real pay for workers. Average hourly earnings fell 0.2% for the month and were down 1.8% from a year ago, according to a separate BLS report that adjusts wages for inflation.
While price increases had been abating in recent months, January’s data shows inflation is still a force in a U.S. economy in danger of slipping into recession this year. (read more)
According to the wage report: “from January 2022 to January 2023. The change in real average hourly earnings combined with an increase of 0.3 percent in the average workweek resulted in a 1.5-percent decrease in real average weekly earnings over this period.” Workers are working longer hours, making slightly more pay, but the rate of inflation means their actual “real wages” are still dropping.
The way to break out of this cycle is to first unleash the U.S. energy sector and drive down the costs of oil, gasoline, diesel fuel, home heating oil, natural gas and electricity rates. However, the entrenched nature of the climate change ideology, blocks the professional political class from providing the energy sector relief. Both Democrats and Republicans want the Joe Biden “green new deal” energy policy.
We have a deep archived series of articles on Nikki Haley [SEE HERE] specifically because she is the most transparently manipulative and simultaneously predictable, conniving political entity in Republican politics. Yes, she’s worse than Monkey Pox.
Reminder, Nikki Haley in February 2021: …”“I don’t think [Trump’s] going to be in the picture,” she said, matter-of-factly. “I don’t think he can. He’s fallen so far.” […] “We need to acknowledge he let us down,” she said. “He went down a path he shouldn’t have, and we shouldn’t have followed him, and we shouldn’t have listened to him. And we can’t let that ever happen again.” (link)
Two months later, April 27, 2021, when asked about her 2024 presidential ambitions Nikki Haley says:…”Out of respect I would never do anything to go against [Trump], he knows that. I would have a conversation with him and talk to him about it should we decide we want to pursue it; but, um, no, I have a great respect for him, and I would never consider running against him.” (link)
Yes, the candidate of lightly held stances, an outlook subject to change based on the poll tested winds of the electorate, a person who frames her political bona fides through the prism of her gender in every single conversation, has officially announced she will be seeking the republican nomination. Whoo, hooo.
Recently, the insufferable Liz Cheney even polled with higher support amid Republicans; however, winning the GOP nomination is really not the goal for Nikki Haley here. She is trying to retain her professional finances by extending a career in politics that only coastal Republican donors care about.
Mrs. Haley will be financed by coastal Republican and Wall Street donors who are ultimately attempting to avoid another America First term of economic nationalism – the policy of President Donald Trump.
Following the arc of the Wall Street campaign design, at a particular point later in ’23 or early ’24, Mrs. Haley will drop out of the race and endorse Florida Governor Ron DeSantis. Haley is betting her political capital on this plan.
Amid Haley’s charter financial backers are familiar billionaire political class names, including hedge fund manager Paul Singer and the control officer for the Club for Growth, David McCormick.
Haley’s major donors also include multinational billionaire investor Stanley Druckenmiller, along with Miriam Adelson and her late husband, casino mogul Sheldon Adelson.
Donor club members also include Pete Ricketts and Scott Bessent, very rich multinational businessmen with a history of influencing republican politics. Also, there are some very well-known democrats like Vivek and Lakshmi Garipalli, who are charter members of almost every major Democrat candidate – but also gave Haley $1 million.
(POLITICO) – Many of the GOP’s biggest donors are among those who funneled anonymous contributions to former U.N ambassador Nikki Haley’s nonprofit as she lays the groundwork for a prospective 2024 presidential bid, according to previously unreported tax documents obtained by POLITICO.
Haley’s nonprofit policy advocacy group, Stand For America, Inc., has received major donations from people including New York hedge fund manager Paul Singer, investor Stanley Druckenmiller, and Miriam Adelson and her late husband, casino mogul Sheldon Adelson, the Internal Revenue Service filings reveal. (read more)
CTH has been warning about Nikki Haley ever since she asked Sarah Palin to help her win the South Carolina Governor’s race, and then stabbed Palin in the back with the most derisive negative commentary thereafter. Nikki Haley would never have been governor without Sarah Palin; those who know politics know this is absolutely true…. And Nikki Haley is worse than monkeypox. [Full Archive]
The Bush clan and professional political cocktail circuit was rebuked in 2016, so we can anticipate their strategy in 2024 will be with those strategic lessons at the forefront.
The currently visible outlook reflects the purpose of Mrs. Haley to be the managed lead attack against President Donald Trump, while the DeSantis managers extend the plausible deniability for his entry into the contest as long as possible.
Every political statement from her managers, brand consultants, political strategists, campaign advisors, all the way to her own viewpoint, consistently injects her gender into every statement of intent. Nikki Haley (2024) uses gender the way Ted Cruz (2016) used religion.
There’s a press briefing for 1:00pm today, scheduled to include National Security Council coordinator for strategic communications at the White House, John Kirby, explaining the latest developments in the ongoing U.S. aerial battles with unidentified flying objects.
Normally, I would not find these propaganda sessions with the stenographers too interesting; however, the bizarre stupidity of the entire UFO fiasco has even the most ardent regime stenographers starting to be embarrassed about the narrative engineering they are being tasked to advance. So, the briefing is at 1:00pm ET.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America