A paper I wrote in 2021 and updated early in 2022
Posted originally on the conservative tree house on August 5, 2022 | Sundance
Arizona Senator Kyrsten Sinema has announced her support for the senate climate change spending and tax proposal after some modifications to the new taxation.
To support the hedge fund donors, Senator Sinema insisted the carried interest loophole tax provision be removed and instead replaced with a corporate tax on stock buybacks. Any time a corporation wants to buy back their own shares of stock, they will now pay the U.S. government a tax for doing so; at least that’s the ¹intent.
[¹Note: taxing shares of company stock will never work, because that’s exactly what shell companies were designed to avoid. Set up a child shell company to purchase the stock and the parent company doesn’t pay taxes on the child’s purchase. It’s a shell game]
Additionally, according to reports, there is some kind of agreement to modify the 15% corporate minimum tax. Details unknown. Bottom line, Senator Sinema now supports the $700 billion climate change spending and tax proposal.
“We have agreed to remove the carried interest tax provision, protect advanced manufacturing, and boost our clean energy economy in the Senate’s budget reconciliation legislation,” Sinema said, signaling that she plans to vote to begin debate on the bill. “Subject to the parliamentarian’s review, I’ll move forward,” she said. (link)
Armstrong Economics Blog/Climate Re-Posted Jul 25, 2022 by Martin Armstrong
QUESTION: I seem to recall that you said 2022 on your computer was a Directional change in temperature and a retest of the 1930s was likely. Could you elaborate on that again since we have high temperatures as your computer warned?
ANSWER: I think you are referring to the study we did on New York City temperatures. Yes, 2022 was a DOUBLE Directional Change. The danger here is that we are in a cycle like the 1930s that produced the Dust Bowl. However, keep in mind that this means we will see extremes on both sides. So while we will experience hotter temperatures than normal in 2022, there is also the risk of extremely cold temperatures in the winter.
Here is the data from the government archives itself and it shows no change in the trend whatsoever to support a perilous cliff of some linear progression with no end to climate change. This is a normal cycle and for 45 years after 1932, temperatures were declining – NOT rising! During the winter, it was snowing in Hawaii. Temperatures in Siberia had broken all records dropping to minus 140°F where people may just freeze to death. The Northwest Passage was still frozen last August. Even looking at the entire Antarctic continent, this winter of 2021 was already the second-coldest on record as reported by the propaganda network – CNN.
Here is the computer forecast on the weather out to 2032 using the government’s data for NYC. We are staring into the abyss when it comes to weather. Without this nonsense of reducing crops for climate change, we are looking square into the eyes of a major crisis that will result in a shortage of food because we are turning colder in winter and warmer in summer. The high in temperature was 1932 and thereafter the low was 1977. That was a 45-year cycle which ironically brought us to 2022 and the Double Directional Change.
If the temperatures exceed the high here in 2022 next year, then it is possible to see a continued hotter summer trend into 2025. However, looking at this Timing Array, if 2022 remains as the 45-year high, then we can see terrible cold into 2025. So the question here is do we get a cycle inversion with continued heat and another Dust Bowl into 2025, or will the ground freeze as in the late 18th century prevent any winter crops.
Posted originally on the conservative tree house on July 22, 2022 | Sundance
Energy Secretary Jennifer Granholm couldn’t tell you the difference between electromagnetic or nuclear energy if her life depended on it. Then again, there’s not a single “climate change” ideologue in the Biden administration who has any concept of science at all. None of them. To them, everything is politics.
As you watch this brief soundbite from remarks Energy Secretary Granholm made to the Global Clean Energy Action Forum, pay attention to what she says and the way she says it. The pantomime of how she says it. [11 seconds] WATCH:
What state elected her governor? Oh yeah, she’s from Hunger Games district 5.
Armstrong Economics Blog/Corruption Re-Posted Jul 22, 2022 by Martin Armstrong
Our models have been indicating a decline in both the food and water supply, which go hand-in-hand. Other analysts are coming out to warn that the inevitable cycle is underway. Climate engineering researcher Dane Wigington believes the cycle has been propelled forward by manmade forces. “The mainstream media and official sources are doing their best to sweep it under the rug. We are talking about 40 million people that will be impacted by the drying out of the Colorado River basin and tributaries.”
Interviewer Greg Hunter plainly asked Wigington if this was a deliberate attempt to diminish the population. “Yes,” he replied without hesitation. “There is no speculation, no hypothesis or conjecture in any of this. Climate engineering is the primary cause for the protracted drought, and not just in the U.S. but in many other parts of the world. It also causes a deluge scenario, and all of it is crushing crops. We can speculate to the motives and agendas behind those who run these operations, but the fact that climate engineering is the primary causal factor for the western drought is inarguable.”
Wigington sees extreme water rationing coming as soon as 2023. Once Lake Mead reaches “dead-pool” status, crops will die out, water will be unavailable for irrigation, and there will be no electrical power generation. Drought is causing water to evaporate at levels beyond what is reported in the mainstream media.
“This is a runaway train of total cataclysm, and those in power are preventing anyone from even discussing this issue down to the point that there is an illegal federal gag order on the nation’s weathermen at the National Weather Service and NOAA,” Wigington stated. The government would only place a gag order on reporters if there were something to hide. Climate engineering may be one of the new tools to fight future wars and control the population.
I’m adding this note: Some of this is real the water levels are dropping. Some of the rest is also possible because Bill Gates was testing this idea a while back.
Armstrong economics Blog/Economics Re-Posted Jul 22, 2022 by Martin Armstrong
For the first time since 2010, China holds less than $1 trillion in US debt. China held $980.8 billion in US debt in May, a $23 billion decline from April and a $100 billion decline from a year prior. In fact, the US Treasury Department noted that China has been reducing its holdings for the past six consecutive months.
Japan is now the top holder of US debt, reaching $1.212 trillion in May, marking a slight increase from $1.218 trillion in April. Total foreign holdings declined by $7.42 trillion in May as those who see what is coming want no part in government debt.
This did not go well for Japan in the past. You see, the USD remains the last safe haven among currencies. Rates are set to rise, other currencies are set to decline, and the countries left holding US debt will be forced to pay much more than intended. No one seems to understand this simple staple of FOREX.
China unloading US debt could indicate growing geopolitical tensions, which our models indicate could break out in 2023.
Posted originally on the conservative tree house on July 21, 2022 | sundance
During his opening monologue tonight, Fox News host Tucker Carlson outlined the background of Joe Biden’s “climate emergency”, and the hypocrisies of their theories as compared to their behavior. WATCH:
Armstrong economics Blog/Agriculture Re-Posted Jul 20, 2022 by Martin Armstrong
A new study by the University of Colorado Boulder published on “One Earth” cites water scarcity as the top threat to food security in the next 20 years. “Multiple events occurring at the same time compound the problem,” the study noted, citing droughts, floods, heat waves, pest outbreaks, diseases, and financial and political conflicts. Over 50% of those experiencing food insecurity live in conflict regions, and increasing political instability and civil unrest will cause this figure to rise. Various agencies such as the World Bank and United Nations have cited that food insecurity reached record levels in 2021 and has increased in 2022. However, one aspect that is not often discussed is water.
Humans can survive longer without food than water. Without water, there are no crops or cattle. Other studies point to increasing global demand for water as well. A 2019 study, “Reassessing the projections of the World Water Development Report,” found that water demand increased 600% over the past century.
“Global water demand for all uses, presently about 4,600 km3 per year, will increase by 20% to 30% by 2050, up to 5,500 to 6,000 km3 per year. Global water demand for agriculture will increase by 60% by 2025. By 2050 the global population will increase to between 9.4 to 10.2 billion people, an increment of 22% to 32%.”
Agricultural needs represent 70% of water demand. The poorest nations often have less access to clean water, and these are the same areas where the population is expected to rise. The aforementioned study also states that food demand will increase by 60% by 2050.
Our model projected entering another “grand minimum,” which overtook the sun beginning in 2020 and will last through the 2050s. This will result in diminished magnetism, infrequent sunspot production, and less ultraviolet (UV) radiation reaching Earth. We are facing a global cooling period on the planet that may span 31 to 43 years. It is interesting that these studies are pointing to 2050 as the point where water will become extremely scarce as it aligns with our models’ projection for the weather as we will then enter a new sunspot cycle.
Posted originally on the conservative tree house on July 19, 2022 | sundance
The goal of gaining public acceptance for eating insects instead of meat is now part of the Public Broadcasting Service (PBS) effort. The larger climate change objective is to “transition” the global food supply away from cows, pigs and chickens, and toward a more sustainable lifestyle of eating insects and bugs. Farmers in North American and Europe are facing massive regulatory changes as part of the Build Back Better or Green New Deal initiatives.
In the U.S. Joe Biden has pledged his entire administration effort toward the goal of reducing U.S. carbon emissions and protecting the planet. Part of that initiative includes the need to change the diet of Americans away from traditional farm proteins, and toward sustainable alternatives via bugs and/or insects like cockroaches, crickets and grasshoppers.
A comprehensive marketing, branding and image campaign is underway to change the public perception toward an acceptance of sustainable algae and bugs as food sources. Public Broadcasting (PBS) is part of that imitative:
Several U.S. food manufacturers now include insects and bugs as part of their ingredient list. It would be worthwhile checking the labels on the latest snack foods to identify the percentages of worms and bugs that may be included in your favorite salted snack.
Additionally, a significant investment has taken place in Canada where they are now generating 9,000 metric tons of crickets to replace traditional protein sources (link). The public/private partnership in London, Ontario, is now shipping crickets for use by North American food manufacturers. There has been minimal public pushback against the effort and the government appears to be fast-tracking insects as food alternatives for global shortages of grain and meats.
In the United Kingdom, the government is now taking public feedback on the use of insects in the food supply. According to a recent public notification from the U.K. Food Standards Agency, they are working toward an acceptable standard across the industry for insects and worms in the food supply.
From the notification: “A consultation on a proposed legislated transitional period under the novel food regulations for edible insects in England, Scotland and Wales. The proposal has been developed with input from Food Standards Scotland (FSS).” (more)
As farmland across Europe and North America increasingly comes under enhanced “climate change” regulation from government, we can expect the speed of food supply transitioning to insects to increase exponentially.
There are a lot of government resources [EXAMPLE HERE] now dedicated to changing public perception. The western government alliance wants people to start eating bugs, and, more importantly, want people comfortable doing so as the energy and climate regulations increasingly limit food options.
With PBS now joining the chorus of insect food promotion; and with the increasingly discussed pending global food shortage now looming; it would appear that western leaders are following the advice from the World Economic Forum and preparing their citizens in Europe and North America to accept insects as food.
As noted earlier, you may already be eating the insects and just not be aware of it. Apparently, people who are allergic to shellfish should be more concerned and diligent about the ingredients of the food they consume, as insects may generate the same allergic reaction.
Posted originally on the conservative tree house on July 19, 2022
This guy popped up after the trip to Saudi Arabia and has been spouting hypocrisies ever since. In this first segment, White House senior energy adviser Amos Hochstein, in charge of U.S. energy security, says the administration cannot accept or approve any long-term oil and gas development that undermines the urgency of the crisis they are exploiting.
Instead, Hochstein says U.S. energy producers should invest in oil and gas development that turns an immediate profit. [Pro-tip, that doesn’t exist.] Keeping the oil and gas industry in a perpetual state of shortage, overcapacity and expense, allows the “transition” to windmills and solar to remain urgent. Put another way, the energy crisis is part of the plan. WATCH:
Mr. Hochstein also appeared on Fox News this afternoon to claim that coal is the worst of the worst and must never be used again. When asked about Germany going back to coal to replace Russian gas, Hochstein says that’s a terrible plan. However, Hochstein was never confronted over the stupid part of his anxiety.
Germany is being forced to use coal because Biden/Hochstein have triggered energy sanctions against Russia that stopped the flow of natural gas. Germany is being forced to use the horrible coal because Biden/Hochstein is forcing them to.
In order for ideologues to retain their insane ideological positions, they must pretend not to know things. Unfortunately, we do not have a media that is capable of calling them out on the hypocrisy and challenging the weakness of their positions. Thus, the great pretending continues….