Taxing Crypto to Fund Climate Change


Posted originally on Nov 18, 2024 by Martin Armstrong 

Cryptocurrency bitcoin basket

The elite gathered at the UN’s COP29 in Azerbaijan to discuss how to extort the people to fund their climate change agenda. Numerous nations believe that cryptocurrencies and plastics must be levied from developed nations who are deemed the highest polluting economies.

The “expert’s” assumption is that $5.2 billion could be generated by taxing cryptocurrencies due to “the high energy demand of crypto mining,” that releases those dreaded emissions. A separate report stated that a crypto tax could rake in tens of billions per year – hence why I call crypto a bureaucrat’s dream as they can easily track where funds are coming and going.

The Global Solidarity Leviestask force launched in November of last year at COP28 with the primary goal of forcing the world to implement levies to fight climate change. The task force is co-chaired by Kenya, Barbados, and France presently. The European Commission is on board, as is the United Nations, World Bank, OECD, G20, African Union, Coalition of Finance Ministers, and the International Monetary Fund. They are exploring widespread taxation on aviation, fossil fuels, plastics, cryptocurrencies, maritime shipping, and now cryptos. Concrete proposals will be launched in November 2025.

Climate Change Tree

They believe that hundreds of billions in additional taxes should be redistributed to poor nations who are disproportionately affected by climate change. How will they change the naturally occurring cycle of nature? They have no idea but they know they need your money to do so.

I recently reported how the World Bank cannot account for $41 BILLION in funds designated for climate change. Oxfam had to blow the whistle after conducting a private audit. The World Bank controls 52% of the total flow of climate funding from all multilateral banks combined. This is outright fraud. That amount could not possibly go “missing” due to an oversight or miscalculation.

Similar to these proxy wars, absolutely no one knows where or how these funds are being spent. Yet, it is our responsibility to fund these initiatives when it is becoming increasingly clear that the entire climate agenda is a SCAM. They are coming for everything they perceive produces emissions. Could agriculture be next? Will we have a set allotment of breaths we may take per day? The climate scheme will continue to spread so long as governments see they are able to extort the people with no repercussions.

Dershowitz on Trump’s New York Political Legal Persecution


Posted originally on Nov 17, 2024 by Martin Armstrong 

The Recession into 2028 Trump Does Not Understand


Posted oiginally on Nov 17, 2024 by Martin Armstrong 
WEC 2016 Orlando

QUESTION: Mr. Armstrong, thank you for the WEC. Many people feel this was your best. Your solution to save our country was spectacular, and you deserved the standing ovation. My question is that you said that Trump and RFK would not listen to you despite everything you have done. You did not explain why. May I ask why?

FP

ANSWER: As I said, Trump’s plan to eliminate and replace the income tax with tariffs will fail. I understand those who proposed the idea, citing that the nation was funded by tariffs before the income tax, and a return to that funding system may look good in bullet points, but the economy is far more complex, and the socialistic goals will not be able to simply be cut without resistance. I had also warned Maggie Thatcher about imposing a poll tax. She thought the people would take the supervisory role as a check on the government if they had skin in the game. But I knew from history it would not unfold as she had hoped.

TAX CYC

The entire issue is NOT that companies moved offshore for cheaper labor. That is the Marxist excuse. They moved because of the taxation. When I restructured major multinational companies around the world, we had to consider (1) country risk, (2) stability in taxation, and (3) taxation on the workforce.

1996 Testify

I testified before the House Ways & Means Committee. Trump can call up my testimony, but those around him will not allow that to take place. They have their solution in play and will never allow competition, no matter how wrong they are. Welcome to politics. I was then asked why no American company had gotten a contract in China to build the Yellow River Dam. I explained that Americans are taxed on worldwide income, but Germany is not. Thus, an American corporation is already 30-35% more expensive than a German company bidding on the same project.

Taxes Stupid

Trump is married to the idea that tariffs will bring back American jobs—companies left BECAUSE of the taxes. Eliminate the Income Tax, end the borrowing, and do what I said with Social Security, and the companies will return, bringing foreign companies with them. You will create the most significant economic boom in history while the rest of the world completes the economic decline outlined by the Economic Confidence Model into 2028.

ECM Wave 2020 2028 Pi

Trump is sold on the Tariff idea. He will NOT listen to me. So, unfortunately, the expected economic boom people will have with Trump will be tempered and not a reality. Unless we look at the entire world collectively, we can never fight the global trend. Tariffs will increase inflation and contribute to the economic decline the world will experience into 2028.

Chuck Schumer Asks Republicans Not to End Filibuster and Continue Power of Minority – Republicans Say Meh, Okay


Posted originally on the CTH on November 16, 2024 | Sundance 

It has come to my attention that most of MAGA, specifically those who do not understand the history of Republicans in the Senate, support a return to Senatorial and Parliamentary norms, where 60 votes are needed in order to advance any legislative intent. [READ HERE] Stupid is, as stupid does.

Prior to the 2024 election, Democrat Senate Majority Leader Chuck Schumer, promised to end the filibuster rule and change the Senate to a simple ‘majority rules’ body.  However, in the aftermath of the 2024 election outcome, where Democrats are now in the minority, Chuck Schumer has a reversal of prior opinion and is requesting the Republican leadership to retain the filibuster rule – giving power to the Democrats who now hold minority position.

Into this mix of UniParty and DeceptiCon political constructs, the online MAGA community are now advocating for a return to old Senatorial rules where amendments can be offered to all bills proposed and the 60-vote threshold is retained for cloture, filibuster power and legislative passage.

Despite knowing Majority Leader Schumer was going to crush them, Senator Rick Scott, Senator John Cornyn and yes, now, Majority Leader John Thune, are taking the high road and promising to keep the power of the Democrat minority in place.  A more apropos example of “Battered Conservative Syndrome” has never been so clear.

WASHINGTON DC – […] “The short version of that is: Please don’t do to us what we were going to do to you. Schumer is obviously concerned that Republicans might embrace a scheme to eliminate the filibuster and pass all sorts of consequential legislation with no Democratic input at all. That wouldn’t be bipartisan! Fortunately for Schumer, Republicans have been more principled than Democrats when it comes to the legislative filibuster, and to the filibuster in general. Republicans realize that even though they will have the majority for the next two years, they might be back in the minority at any time after that. So, Schumer will not get it good and hard the way he planned to give it to Republicans.” (more)

This is exactly how ‘republicanism’ infects the MAGA movement, ultimately and predictably positioning the future republican voters frustrated and shouting at trees.  Democrats, together with Mitch McConnell and John Thune love this, because it retains their lucrative business model.

Let me start by reminding the MAGA victims, that’s YOU, of the position of Democrats:

Apparently, the high-minded influencers within the MAGA community have seemingly forgotten about this intent.

Next, let us move to the reality of what the GOP is planning to do, and remember Scott, Cornyn and Thune all agree on this.

The return of amendments to the Senate bills brings with it retention of the filibuster and ‘cloture’ 60-vote threshold.

Taking the first part first, those amendments have a name. During the Obamcare fiasco you might remember a few of them: “The cornhusker kickback” (Nelson), “The Louisiana Purchase” (Landrieu), the “Florida Gator Aide” (Nelson).  These “amendments” are purchases of Senator’s votes with sweetheart closed-door deals, they are not enhancements to the bill, they are bribes for support.

Now the second part. Presume a 55/45 split. The Majority needs to purchase votes from the minority in order to reach 60. That’s where “amendments” offer the highest price. K-Street Lobbyists pay for minority senators to support the amendment. Lots of money is made.

Mitch McConnell and Harry Reid were not in opposition to each other on the business end of this process. Their personal wealth benefitted greatly.

The high-minded MAGA Republicans are advocating for returning to, and retention of, this process.

History: After Scott Brown became #41, Leader Harry Reid had to begin purchasing votes from Mitch McConnell. However, the American public were holding the GOP feet to the fire. Eventually Reid just said, “screw it” and dropped the vote threshold for final bill passage to a simple majority, 51.

The Senate retained the 51-vote passage, with the exception of “cloture votes” or votes to close debate, along with ‘filibuster breaking thresholds’ which still needed 60. Essentially, McConnell/Reid were not stupid, they did not want to give up the business model. So, 60 cloture votes and filibuster remained.

The Cloture Votes also provided the Deceptive Conservatives, DeceptiCons, the opportunity to vote yea on cloture, then vote against the bill. Senator Ted Cruz is the #1 Republican who uses cloture voting as a mask. Cruz often votes yea on cloture (supporting the bill) and nay on the bill itself (thereby denying he ever supported it).  It’s a good cover, and they all use it.

Obviously, McConnell didn’t want to be the one to change the lucrative construct of Harry Reid, so he retained the non-amendment part and the 51-vote simple majority part.  Then McConnell lost the Senate, again.

However, suddenly, the GOP are back in the majority and now Rick Scott (and presumably John Cornyn) wants to give the power back to the minority. McConnell’s protege’ John Thune learned well from the knee of the master.

Leader John Thune has no issue giving the GOP power in the Senate away, adding back the lucrative process of amendments, and returning the threshold to 60 votes for bill passage. However, he had to pretend it was some astronomical exhibition of magnanimity in order to gain maximum value from the illusion of doing what he always supported.

Thune says as leader I will return to regular order, amendments, voting thresholds and the pre-Harry Reid processes. Everyone cheers.

The republicans are now in the majority and have changed the structure to add amendments and give stronger power to the minority.

THE RESULT – President Trump’s agenda will be more difficult to pass (higher threshold and stronger opposition position), but somehow MAGA cheers for Senate Majority Leader John Thune (see thread).

Battered Conservative Syndrome.

Wash-Rinse-Repeat…. Then everyone will look oddly when the base of voters throws up their arms in frustration and the Senate flips back during Trump’s 2026 midterm election.

Why should a Republican Senate majority take their foot off the gas and allow the Democrats to retain the power of the minority. They hold no similar disposition when in power.

I say, crush them.

Advance the MAGA agenda. Crush the opposition and give Republicans in 2026 a reason to go out and make the prior election even more resounding.

Wade Miller: “I’m Excited The Deep State Is On The Verge Of Actually Being Held Accountable”


Posted originally on Rumble By Bannons War Room on: Nov 15, 2024 at 8:00 pm EST

Natalie Winters Reveals The Soros Family’s Next Move Following President Trump’s Victory


Posted originally on Rumble By Bannons War Room on: Nov 15, 2024 at 1:00 pm EST

Naomi Wolf: RFK Jr. Can Uncover The Crimes Of The FDA And CDC


Posted originally on Rumble By Bannons War Room on: Nov 14, 2024 at 6:30 pm EST

Bannon Responds To Rachel Maddow: “All You’ve Done Is Try To Destroy This Country”


Posted originally on Rumble By Bannons War Room on: Nov 14, 2024 at 6:30 pm EST

Make America Rich Again: The Obvious Case for Treasury Secretary Scott Bessent


Posted originally on Rumble By Bannons War Room on: Nov 14, 2024 at 6:30 pm EST

Neocons in Overdrive to Aid Ukraine Before January


Posted originally on Nov 15, 2024 By Martin Armstrong 

Blinken Anthony

The neocons are working overtime to release countless aid to Ukraine before Donald Trump takes over in January. Bloomberg has reported that the Biden Administration The Biden administration is committed to ensuring “every dollar we have at our disposal,” in a message championed by US Secretary of State Antony Blinken.

Blinken rushed to Brussels after Trump’s victory to discuss how NATO and the EU can drain America for additional funding ahead of Trump’s term. “The purpose of this visit is to focus our efforts on ensuring that Ukraine has the money, the munitions, and the mobilized forces to fight effectively in 2025 or to be able to negotiate a peace from a position of strength,” he told reporters in Brussels.

Blinken did not state that Trump was the reason for his recent visit to NATO headquarters. Yet, Ukraine’s foreign minister, Andrii Sybiha, said discussions are ongoing “both with the president-elect and his team and also with the outgoing administration.”

BlankCheck

“President Biden is committed to making sure that every dollar we have at our disposal will be pushed out the door between now and January 20,” he said from the entrance of the huge steel and glass NATO headquarters complex. What happened to the trillions sent off to Ukraine? No one cares enough to ask or audit.

In fact, Taiwan has come out and said it is prepared to send US-provided weapons to Ukraine if asked to do so. “If the US side requests that we transfer them back to them, we will do so in accordance with the relevant regulations and return them to the US, and then the US will decide what to do with them,” a government official stated.

The neocon-funded Institute for the Study of War has said that the war in Ukraine will provide guidance for Taiwan in the future war with China that these warmongers have banked on. “The war in Ukraine offers many important lessons for the defense of Taiwan against possible aggression by the People’s Republic of China,” according to the Institute for the Study of War. The corrupt think tank said that China is studying how the US acts to defend Ukraine from Russia to see what they may face if they invade Taiwan.

There is no reason for America to add to its deficit by arming Ukraine. Trump and Vance have made it clear that these endless blank checks will cease, but nothing will stop the neocons who thirst for war at every corner.