Go figure, Kamala Harris Hired Child Actors For Rebranding Effort That Failed


Posted originally on the conservative tree house on October 11, 2021 | Sundance | 214 Comments

The Washington Examiner dug a little deeper into the background of the Kamala Harris cringe video.  Apparently, team Harris hired child actors to help create the illusion for her rebranding effort.   There are many details in the report that represent just how artificial and fake the Biden administration is.

WASHINGTON – […] Trevor Bernardino, a 13-year-old actor from Carmel, California, and one of five teenagers featured in the video, was asked to submit a monologue discussing something he is passionate about and three questions for a world leader, according to an interview with KSBW TV. Trevor then interviewed with the production director. “And then after that, like a week later, my agent called me, and he’s like, ‘Hey Trevor, you booked it,’” Trevor said. 

Bernardino was joined by Derrick Brooks II, another child actor , Emily Kim, likewise a child actor , Zhoriel Tapo, a child actor and aspiring journalist who has interviewed former first lady Michelle Obama , and Sydney Schmooke.

[…] “I am so so so excited this project is out!” wrote Emily Keller, a YouTube executive overseeing progressive civics content partnerships, according to her LinkedIn . She was the Democratic National Committee’s social media director until June.

[…]  Last month, the vice president’s office hired two messaging gurus to help finesse her communications efforts. One of Harris’s new advisers, Lorraine Voles, has a portfolio including “crisis management” and “marketing and rebranding.”  (read more)

A fake stage set for Joe Biden to pretend he’s giving discussions from the White House.  A group of kids hired by the White House to play the role of kids for a Kamala Harris propaganda effort.  Well, it doesn’t take a rocket scientist to see just how fake this entire effort is as constructed.

The Fourth Branch of U.S. Government Targeted Julian Assange For Kidnapping or Assassination in 2017, A Transparently Obvious Motive Being Overlooked


Posted originally on the conservative tree house on October 11, 2021 | Sundance | 324 Comments

On September 26, 2021, Yahoo News published an extensive article about the CIA targeting WikiLeaks founder Julian Assange in 2017 and the extreme conversations that were taking place at the highest levels of the U.S. government about how to control him. There is a much bigger story transparently obvious when overlapped with CTH research files on the Intelligence Branch of government; specifically the motive missed by Yahoo News for the stunning activity they outline.

What I am going to outline below, is a deep dive using the resources and timeline from within that article and the specific details we have assembled that paints a clear picture about what interests existed for the Deep State, the Intelligence apparatus and what I call the Fourth Branch of Government.

This fully cited review is not for the faint of heart. This is a journey that could shock many; could alarm more, and will likely force more than a few to reevaluate just what the purpose was for Mike Pompeo within the Donald Trump administration.

As the Yahoo News article begins, they outline how those within the Trump administration viewed Assange as a risk in 2017.  Here it is critical to accept that many people inside the Trump administration were there to control events, not to facilitate a policy agenda from a political outsider.   In the example of Assange, the information he carried was a risk to those who attempted and failed to stop Trump from winning the 2016 election.

Julian Assange was not a threat to Donald Trump, but he was a threat to those who attempted to stop Donald Trump.  In 2017, the DC system was reacting to a presidency they did not control.  As an outcome, the Office of the President was being managed and influenced by some with ulterior motives.

Yahoo, via Michael Isikoff, puts it this way: “Some senior officials inside the CIA and the Trump administration even discussed killing Assange, going so far as to request “sketches” or “options” for how to assassinate him. Discussions over kidnapping or killing Assange occurred “at the highest levels” of the Trump administration, said a former senior counterintelligence official. “There seemed to be no boundaries.”

As we overlay the timeline, it is prudent to pause and remember some hindsight details.  According to reports in November of 2019, U.S. Attorney John Durham and U.S. Attorney General Bill Barr were spending time looking carefully at CIA activity in the 2016 presidential election. One quote from a media-voice increasingly sympathetic to a political deep-state noted:

“One British official with knowledge of Barr’s wish list presented to London commented that, “It is like nothing we have come across before, they are basically asking, in quite robust terms, for help in doing a hatchet job on their own intelligence services””. (Link)

It is interesting that quote came from a British intelligence official as there was extensive pre-2016 election evidence of an FBI/CIA counterintelligence operation that also involved U.K. intelligence services. There was an aspect to the FBI/CIA operation that overlaps with both a U.S. and U.K. need to keep Wikileaks founder Julian Assange under tight control.

To understand the risk that Julian Assange represented to FBI/CIA interests, and effectively the Fourth Branch of Government, it is important to understand just how extensive the operations of the FBI/CIA were in 2016. It is within this network of foreign and domestic operations where FBI Agent Peter Strzok was clearly working as a bridge between the CIA and FBI operations.

By now, people are familiar with the construct of CIA operations involving Joseph Mifsud, a Maltese professor generally identified as a western intelligence operative who was tasked by the FBI/CIA to run an operation against Trump campaign official George Papadopoulos in both Italy (Rome) and London. {Go Deep}

In a similar fashion, the FBI tasked U.S. intelligence asset Stefan Halper to target another Trump campaign official, Carter Page. Under the auspices of being a Cambridge Professor, Stefan Halper also targeted General Michael Flynn. Additionally, using assistance from a female FBI agent, under the false name Azra Turk, Halper also targeted Papadopoulos.

The initial operations to target Flynn, Papadopoulos and Page were all based overseas. This seemingly makes the CIA exploitation of the assets and the targets legal and much easier.

One of the more interesting aspects to the unfinished Durham probe is the possibility of a paper trail created as a result of the intelligence community tasking operations. If Durham has indeed gone into this intelligence rabbit hole, we could see evidence of a paper trail.

Personally, I am doubtful Durham will put what you are reading into any actionable scenario.  Nor do I anticipate a report that could outline the risk of Julian Assange to the activities that took place within the political weaponization of the intelligence apparatus.

HPSCI Ranking Member Devin Nunes has outlined how very specific exculpatory evidence was known to the FBI and yet withheld from the FISA application used against Carter Page that also mentions George Papadopoulos. The FBI also fabricated information in the FISA and removed evidence that Carter Page was previously working for the CIA.  This is what FBI lawyer Kevin Clinesmith was convicted for doing.

One week after the FBI and DOJ filed the second renewal for the Carter Page FISA [April 7, 2017], Yahoo News notes how Mike Pompeo delivered his first remarks as CIA Director:

[…] On April 13, 2017, wearing a U.S. flag pin on the left lapel of his dark gray suit, Pompeo strode to the podium at the Center for Strategic and International Studies (CSIS), a Washington think tank, to deliver to a standing-room-only crowd his first public remarks as Trump’s CIA director.

Rather than use the platform to give an overview of global challenges or to lay out any bureaucratic changes he was planning to make at the agency, Pompeo devoted much of his speech to the threat posed by WikiLeaks. (link)

Why would CIA Director Mike Pompeo be so concerned about Julian Assange and Wikileaks in April 2017?

In April of 2017 Pompeo’s boss, President Donald Trump, was under assault from the intelligence community writ large, and every deep state actor was leaking to media in a frenzied effort to continue the Trump-Russia collusion conspiracy.   The effort was so all consuming that FBI Director James Comey was even keeping a diary of engagement with President Trump in order to support an ongoing investigation built on fraud…  yet, Mike Pompeo is worried about Julian Assange?

Again, here it is important to put yourself back into the time of reference.  Remember, it’s clear in the text messages between FBI Agent Peter Strzok and Lisa Page that Strzok had a working relationship with what he called their “sister agency”, the CIA.

Additionally, former CIA Director John Brennan has admitted Strzok helped write the January 2017 Intelligence Community Assessment (ICA) which outlines the Russia narrative; and it was also Peter Strzok who authored the July 31st, 2016, “Electronic Communication” from the CIA to the FBI that originated FBI operation “Crossfire Hurricane.”  Strzok immediately used that EC to travel to London to debrief intelligence officials around Australian Ambassador to the U.K. Alexander Downer.

In short, Peter Strzok was a profoundly overzealous James Bond wannabe, who acted as a bridge between the CIA and the FBI. The perfect type of FBI career agent for 2016’s CIA Director John Brennan to utilize.

Fusion GPS founder Glenn Simpson hired CIA Open Source analyst Nellie Ohr toward the end of 2015; at appropriately the same time as “FBI Contractors” were identified exploiting the NSA database and extracting information on a specific set of U.S. persons.  One, if not the primary extractors, has now been identified as Rodney Joffe at Neustar.   “The campaign plot was outlined by Durham last month in a 27-page indictment charging former Clinton campaign lawyer Michael Sussmann with making a false report to the FBI. The document cites eight individuals who allegedly conspired with Sussmann, but does not identify them by name. The sources familiar with the probe have confirmed that the leader of the team of contractors was Rodney L. Joffe.” {Go Deep}

It was also Fusion GPS founder Glenn Simpson who was domestically tasked with a Russian lobbyist named Natalia Veselnitskaya. A little reported Russian Deputy Attorney General named Saak Albertovich Karapetyan was working as a double-agent for the CIA and Kremlin. Karapetyan was directing the foreign operations of Natalia Veselnitskaya, and Glenn Simpson was organizing her inside the U.S as part of his Trump-Russia creation.

Glenn Simpson managed Veselnitskaya through the 2016 Trump Tower meeting with Donald Trump Jr. However, once the CIA/Fusion GPS operation using Veselnitskaya started to unravel with public reporting…. back in Russia Deputy AG Karapetyan died in a helicopter crash.

Simultaneously timed in late 2015 through mid 2016, there was a domestic FBI operation using a young Russian named Maria Butina tasked to run up against Republican presidential candidates. According to Patrick Byrne, Butina’s handler,  was FBI agent Peter Strzok who was giving Byrne the instructions on where to send her. {Go Deep}

All of this context outlines the extent to which the FBI/CIA was openly involved in constructing a political operation that settled upon anyone in candidate Donald Trump’s orbit.  A large international operation directed by the FBI/CIA, and domestic operations seemingly directed by Peter Strzok operating with a foot in both agencies. [Strzok gets CIA service coin]

Recap: ♦Mifsud tasked against Papadopoulos (CIA). ♦Halper tasked against Flynn (CIA), Page (CIA), and Papadopoulos (CIA). ♦Azra Turk, pretending to be Halper asst, tasked against Papadopoulos (FBI). ♦Veselnitskaya tasked against Donald Trump Jr (CIA, Fusion GPS). ♦Butina tasked against Trump, and Donald Trump Jr (FBI).

Additionally, Christopher Steele was a British intelligence officer, hired by Fusion GPS to assemble and launder fraudulent intelligence information within his dossier. And we cannot forget Oleg Deripaska, a Russian oligarch, who was recruited by Asst. FBI Director Andrew McCabe to participate in running an operation against the Trump campaign and create the impression of Russian involvement. Deripaska refused to participate.

All of this engagement directly controlled by U.S. intelligence; and all of this intended to give a specific Russia impression. This predicate was presumably what John Durham was reviewing in November of 2019.

The key point of all that contextual background is to see how committed the CIA and FBI were to the constructed narrative of Russia interfering with the 2016 election. The CIA, FBI, and by extension the DOJ and a multitude of political operatives put a hell of a lot of work into it.

We also know that John Durham was looking at the construct of the Intelligence Community Assessment (ICA); and talking to CIA analysts who participated in the construct of the January 2017 report that bolstered the false appearance of Russian interference in the 2016 election. This context is important because it ties in to the next part that involves Julian Assange and Wikileaks.  This is where the motives of Mike Pompeo in mid/late 2017 come into play.

[…] By the summer of 2017, the CIA’s proposals were setting off alarm bells at the National Security Council. “WikiLeaks was a complete obsession of Pompeo’s,” said a former Trump administration national security official. (link)

On April 11th, 2019, the Julian Assange indictment was unsealed in the Eastern District of Virginia (EDVA). From the indictment we discover it was under seal since March 6th, 2018:

(Link to pdf)

On Tuesday April 15, 2019, more investigative material was released. Again, note the dates: Grand Jury, *December of 2017* This means FBI investigation prior to….

The FBI investigation took place prior to December 2017, it was coordinated through the Eastern District of Virginia (EDVA) where Dana Boente was U.S. Attorney at the time. The grand jury indictment was sealed from March of 2018 until after Mueller completed his investigation, April 2019.

Why the delay?

What exactly was the DOJ waiting for from March 2018 to April 2019?   This timeframe is the peak of the Robert Mueller/Andrew Weissmann special counsel investigation.

Here’s where it gets interesting….

The Yahoo article outlines, “there was an inappropriate level of attention to Assange“, by the CIA according to a national security council official.  However, if you consider the larger ramifications of what Julian Assange represented to all of those people inside and outside government interests who created the Trump-Russia collusion/conspiracy, well, there was actually a serious risk.

Remember,why in May 2017 Robert Mueller and Andrew Weissmann effectively took over the DOJ.  The entire purpose of the Mueller investigation was to cover-up the illegal operation that took place in the preceding year.   The people exposed to the risk included all of those intelligence operatives previously outlined in the CIA, FBI and DOJ operations.

The FBI submission to the Eastern District of Virginia Grand Jury in December of 2017 was four months after congressman Dana Rohrabacher talked to Julian Assange in August of 2017: “Assange told a U.S. congressman … he can prove the leaked Democratic Party documents … did not come from Russia.”

(August 2017, The Hill Via John Solomon) Julian Assange told a U.S. congressman on Tuesday he can prove the leaked Democratic Party documents he published during last year’s election did not come from Russia and promised additional helpful information about the leaks in the near future.

Rep. Dana Rohrabacher, a California Republican who is friendly to Russia and chairs an important House subcommittee on Eurasia policy, became the first American congressman to meet with Assange during a three-hour private gathering at the Ecuadorian Embassy in London, where the WikiLeaks founder has been holed up for years.

Rohrabacher recounted his conversation with Assange to The Hill.

“Our three-hour meeting covered a wide array of issues, including the WikiLeaks exposure of the DNC [Democratic National Committee] emails during last year’s presidential election,” Rohrabacher said, “Julian emphatically stated that the Russians were not involved in the hacking or disclosure of those emails.”

Pressed for more detail on the source of the documents, Rohrabacher said he had information to share privately with President Trump. (read more)

Dana Rohrabacher later published this account of the events:

Knowing how much effort the CIA and FBI put into the Russia collusion-conspiracy narrative; and knowing that Assange could essentially destroy the baseline predicate for the entire Trump-Russia investigation – which included the use of Robert Mueller; it would make sense for corrupt government officials to take keen interest after this August 2017 meeting between Rohrabacher and Assange.  And that would explain why those same government officials, willfully or by direction, would quickly gather specific evidence (related to Wikileaks and Bradley Manning) for a grand jury by December 2017.

Within three months of the grand jury seating (Nov/Dec 2017), the DOJ generated an indictment and sealed it in March 2018. The EDVA then sat on the indictment while the Mueller/Weissman probe was ongoing.

As soon as the Mueller probe ended, on April 11th, 2019, a planned and coordinated effort between the U.K. and U.S. was executed; Julian Assange was forcibly arrested and removed from the Ecuadorian embassy in London, and the EDVA indictment was unsealed (link).

As a person who has researched this three year fiasco; including the ridiculously false 2016 Russian hacking/interference narrative: “17 intelligence agencies”, Joint Analysis Report (JAR) needed for Obama’s anti-Russia narrative in December ’16; and then a month later the ridiculously political Intelligence Community Assessment (ICA) in January ’17; this timing against Assange is too coincidental.

It doesn’t take a deep researcher to see the aligned Deep State motive to control Julian Assange because the Mueller report was dependent on Russia cybercrimes, and that narrative is contingent on the Russia DNC hack story which Julian Assange disputes.

♦ This is critical. The Weissmann/Mueller report contains claims that Russia hacked the DNC servers as the central element to the Russia interference narrative in the U.S. election.  This claim is the fulcrum point that structurally underpins the entire Trump-Russia collusion narrative.  However, this important claim is directly disputed by WikiLeaks and Julian Assange, as outlined during the Dana Rohrabacher interview, and by Julian Assange’s on-the-record statements.

The predicate for Robert Mueller’s investigation was specifically due to Russian interference in the 2016 election. The fulcrum for this Russia interference claim is the intelligence community assessment (Peter Strzok); and the only factual evidence claimed within the ICA is that Russia hacked the DNC servers; a claim only made possible by relying on forensic computer analysis from another Michael Sussmann partner, Shawn Henry at Crowdstrike, yes another DNC contractor and collaborator with the Clinton campaign.

The CIA always held a massive conflict of self-interest problem surrounding the Russian hacking claim as it pertains to their own activity in 2016. The FBI and DOJ always held a massive interest in maintaining that claim.  Robert Mueller and Andrew Weismann did everything they could to support that predicate; and all of those foreign countries whose intelligence apparatus participated with Brennan and Strzok also carried a self-interest in maintaining that Russia hacking and interference narrative.

Julian Assange was/is the only person with direct knowledge of how Wikileaks gained custody of the DNC emails; and Assange has claimed he has evidence it was not from a hack.

This Russian “hacking” claim was ultimately so important to the CIA, FBI, DOJ, ODNI and U.K Intelligence apparatus…. Well, right there is the obvious motive to shut Assange down as soon as intelligence officials knew the Mueller report was going to be public.

And that is exactly what the Fourth Branch of Government did.

The Yahoo Article does a great job outlining who, how, when and where the CIA and intelligence community were targeting Julian Assange.  However, what they did not connect -and ideologically they would not want to connect- was exactly WHY the U.S. government, not Trump, was targeting Assange.

Big Tech Worried Worker Rebellion Over Vaccine Mandate Will Succeed – Twitter Account Locked For a Week


Posted Originally on the conservative tree house on October 11, 2021 | Sundance | 451 Comments

An organic worker rebellion that triggers large-scale disruption is something the command and control communists fear more than anything.   The Southwest Airline pilot action has created a tremor that quickly caught the Eye of Sauron.   The rebellion must be stopped before it grows.  Control is a reaction to fear….

Life Jackets are Mandatory


Armstrong Economics Blog/Humor Re-Posted Oct 10, 2021 by Martin Armstrong

The Leader of the Free World


Armstrong Economics Blog/Politics Re-Posted Oct 10, 2021 by Martin Armstrong

Austria’s Head of State Resigns in Corruption Scandal


Armstrong Economics Blog/Socialist Re-Posted Oct 9, 2021 by Martin Armstrong

We really can no longer afford career politicians for no matter what country we look at, they are inevitably for sale to the highest bidder. Here Chancellor Sebastian Kurz of Austria redirected federal money to buy not just pollsters, but journalists to cover him favorably instead of revealing the truth. What this shows is that the polls are fake as well as the news.

Our revolution model hit in 2020. We are right on track for both corruption and the rise of the third wave of Marxism. I fear this will turn to bloodshed, for there appear to be no other solutions. The academics, press, and pollsters are all at it again trying to create the next version of a Marxist Wonderland that has NEVER worked. No matter how many times they try, what they do not understand is Marxism is totally contrary to human nature. The left cannot sleep at night worrying that someone else has something they do not have. They fail to understand that absolutely NOTHING came out of Communism. Not a single innovation for society because the government not only restricted your movement, prevented competition but killed all dreams and imagination which are the very core of progress. The ONLY development under Communism was creating nuclear weapons. New ideas for society or innovations in medicine were never on the agenda. Schwab is another academic fool who focuses on equality of wealth rather than equality of rights, freedom to think, and freedom of movement. He ignores everything that makes life worthwhile focusing only on money.

Do as I Command Not as I do!


Armstrong Economics Blog/Corruption Re-Posted Oct 9, 2021 by Martin Armstrong

All the names of every politician should be published and any politicians taking ANY “donations” from any lobbyist connected even remotely with Big Pharm, Gates, and Schwab should be driven from office permanently!

THE REAL EVENT IS ABOUT TO BEGIN – MAX IGAN


Perfect Storm Coming – Conagra Announces Food Price Inflation Likely to Remain Around 11 Percent Through 2022


Posted originally on the conservative tree house on October 7, 2021 | Sundance | 252 Comments

Raw material foodstuff price contracts are expiring, and the new purchasing prices will be significantly higher than current.  As these contracts refresh, the new higher prices immediately enter the food supply chain.  CTH has been warning readers to stock up on non-perishable items as this next wave of food price increases is going to be much bigger than even the prior 8%/avg jumps; and there is absolutely no end in sight.

Also, as more large municipal regions (megalopolis metropolitan areas like New York City and Los Angeles) begin enforcing a vaccine passport to eat in restaurants, the demand for meals at home will remain high.  Supermarkets again will fill the void in the diet of consumers who choose to remain at home instead of eating out.

The current demand on retail food products is likely visible to you in the form of bare shelves and minimal inventory.

Grocery retailers operate on paper thin gross profit margins and rely on fast turns of multiple penny profit items to add up to net profit income.  Technology has helped modern grocery supply chains to be very thin.

An inventory shortage arises when demand on the retail grocery industry spikes – which is what we have seen with COVID impacts as alternative food options were forcibly closed or pressured to reduced capacity.

Conagra is one of the large food conglomerates with control over products from field to fork.  Recently, Conagra executives announced they expect food prices to climb even higher due to all of the aforementioned impacts, along with large price increases in fuel and energy.

Wall Street Journal […] Conagra said Thursday it expects gross inflation—which doesn’t take into account hedging—to be about 11% for fiscal 2022, versus its earlier estimate of 9%. The company plans to continue adjusting prices and cutting costs, and said its prices likely will rise 4% or more during the current fiscal year.

Executives said they expect ongoing strong demand, price increases and cost-cutting measures to offset the higher costs. So far shoppers are largely sticking with Conagra’s brands despite higher costs, they said, though the bulk of the company’s price increases have only recently begun to show up on U.S. supermarket shelves. (read more)

[Note – Fiscal year 2022 began October 1, 2021.]  Wheat, corn and soybeans are the foundation of the U.S. food supply. They are primarily used as ingredients in processed foods, oils, and are fed to the cattle, hogs, and poultry that supply meat and eggs for the American diet. When those grain harvests go up in price, the downstream increase in price is far reaching.

Processed foods and shelf stable foods have a deeper inventory than fresh foods.  The turns on that shelf-stable inventory take longer, and as a consequence, it takes longer for the price increases to show up.  As contracts renew and new inventory flows into the supply chain, the total supply chain price increases -including fuel and transportation costs- are going to hit hard.  They are going to hit even harder than the last few months as the new processed inventory carries a higher cost.

Keep in mind, skyrocketing prices at the grocery store are predictable based almost entirely on Joe Biden’s pro-Wall Street and Multinational Corporation policies.  Main Street is getting hammered, and the working class is suffering as a direct result.  The administrations’ specific accountability for these outcomes is why the Biden team is trying to distract and blame COVID-19 for supply chain issues.  However, it is not COVID driving the prices, it’s Joe Biden’s policies that benefit multinationals.  {Go Deep}

Prior to COVID-19, China and the EU were devaluing their currency; the value of the dollar increased. This was great for products we import (durable goods, TV’s, electronics, etc) however, the high dollar value made exports from the U.S. more expensive.

U.S. companies who relied on exports (lots of agricultural industries and raw materials) took a hit from higher export prices.  Less raw material including food was being purchased by overseas manufacturing groups.  However, and this part is really interesting, their lack of purchasing made U.S. companies more dependent on domestic sales for income. With less raw material foodstuff being exported, there was more product available in the U.S for domestic purchase…. this dynamic led to a predictable outcome for those with common sense, lower food prices for U.S. consumers.

That was under President Trump policy.  However, Joe Biden flipped this dynamic and dropped the value of the dollar with massive -far more than needed- stimulus and bailout spending.  The monetary policy that pumps money into into the U.S. economy via COVID bailouts and ever-increasing federal spending drops the value of the dollar and makes the dependency state worse.

With a Democrat Congress and progressive FED pumping money into the U.S. system and expanding the deficit, the dollar value plummets.  Now the value of the Chinese and EU currency increases. This means it costs more to import products, and that is the primary driver of price increases in durable consumer goods.

Simultaneously, a lower dollar value means cheaper exports for the multinationals (Big AG and raw materials). China, SE Asia and even the EU purchase U.S. raw materials at a lower price with their higher valued currencies.

All of those exported food sales -controlled by multinational corporations- mean less raw material in the U.S. which drives up prices for U.S. consumers. It is a perfect storm. Higher costs for imported goods and much higher costs for domestic goods (food). Combine this dynamic with massive increases in energy costs from ideological climate policy, and that’s fuel on the fire of inflation.

The retail consumer supply chain for manufactured and processed food products includes bulk storage to compensate for seasonality.  There are over 800 commercial and public warehouses in the continental 48 states that store frozen products (2020 data).  The previously processed food price increases are currently reflected on store shelves (already hurting).  However, the coming processed processed food price increases will be much, much higher.  We will see even higher prices on processed foods in the supermarket.

This is terrible for wage earners in the U.S. who are now seeing no wage growth and higher prices. Real wages are decreasing by the fastest rate in decades. We are now in a downward spiral where your paycheck buys less. As a result, consumer middle-class spending contracts. Eventually, this means housing prices drop because people cannot afford higher mortgage payments.

Gasoline costs more (+50%), food costs more (+10% at a minimum) and as a result, real wages drop; disposable income is lost. Ultimately this is the cause of Stagflation. A stagnant economy and inflation. None of this is caused by COVID-19. All of this is caused by economic policy and monetary policy sold under the guise of COVID-19.

This inflationary period will not stall out until the U.S. economy can recover from the massive amount of federal spending. If the spending continues, the dollar continues to be weak, as a result the inflationary period continues. It is a spiral that can only be stopped if the policies are reversed…. and the only way to stop these insane policies is to get rid of the Wall Street Democrats and Republicans who are constructing them.

Yellen on Tracking Every Transaction $600 or Greater


Armstrong Economics Blog/The Hunt for Taxes Re-Posted Oct 7, 2021 by Martin Armstrong

Treasury Secretary Janet Yellen is now defending the Biden administration’s proposal that would require banks to report ALL data to the Internal Revenue Service (IRS) on transactions over $600. With the NSA collecting every email, phone call, and text you make, and now the IRS will have every time you even pay rent or a car payment, they will know absolutely everything about everybody.

Yellen has the audacity to claim there will be $7 trillion of income over ten years that people will not pay taxes on. This is what I have been saying. They look at us, we the people, as the Great Unwashed who are nothing more than stupid cattle to be herded.

She thinks, oh, it really will not impact the average person, and that is absurd. It used to be $10,000 transactions, then the Patriot Act lowered that to $3,000, and now it will be $600. I was going to go to Singapore for a conference and to work there in the region with our many clients. I asked a friend there to find a nice furnished apartment rather than a hotel. He rented it for me, and I sent him a bank wire. When I showed up two months later, he said, “By the way, I never got that wire.” I called my bank to put a trace on it since it was deducted from my account. HSBC returned it the next day, as they were just sitting on it until someone asked.

HSBC refused to credit it to his account BECAUSE they could not verify that I had no interest in that account, for perhaps he was just a holder for me to hide money offshore. I had to physically write him a check. That is the new state of the world. I can ONLY wire money internationally to a business, but not to any individual.

And now that will be $600! If your child is in need of money because someone stole their credit card and wallet, will you be able to send them money urgently?

Yellen is calling this collection of information “routine,” which is the total end of all privacy. Did those who voted for Biden expect this too? When I bought a house in the nineties, I simply added my children on the deed. Today, you can’t do that. The IRS calls that income and wants their pound of flesh.