Tag Archives: #DrainTheSwamp

Jul 21 2022

Republicans Fail to Reject NATO Expansion


Armstrong Economics Blog/War Re-Posted Jul 21, 2022 by Martin Armstrong

We spend too much on the military, but we should give all our money to Ukraine. Make it make sense! Sweden and Finland made their grand debut in NATO this week. The Democrats helped push that into law in a vote that passed 394-18. Only 18 dissenters, all Republicans, saw the flaw involved with expanding NATO. That means most Republicans supported this act as well, utterly ignorant of the implications.

Former President Trump notoriously tried to leave NATO, citing that the US paid well above the 2% target and other nations relied on America’s military power but not the other way around. The left constantly complains when we spend money to protect our own country.

Thomas Massie (Ky.) reminded the public that other NATO members have failed to meet their obligation of spending 2% of GDP on NATO. In fact, more than two-thirds of NATO countries fail to meet this requirement, while the US pays much more. “America can’t afford to subsidize socialist Europe’s defense, nor should we,” Massie tweeted. Matt Gaetz bluntly stated that America simply cannot afford this unnecessary purchase right now. “Gas is a bazillion dollars… Inflation is over 9 percent… The House is currently voting on how we think other countries should react to our newfound commitment to NATO expansion in Scandinavia,” Gaetz tweeted.

The Biden Administration has completely abandoned all domestic policy in favor of international objectives that in no way benefit America. What happens if Sweden or Finland goes to war? Well, 394 US lawmakers do not seem to care if we are pulled into another war and may be actively instigating one. It is alarming that only 18 people in power understand the implications of expanding NATO.

Jul 21 2022

Biden’s Hatred of Russia Predates Putin


Armstrong Economics Blog/War Re-Posted Jul 21, 2022 by Martin Armstrong

I do not understand why our world leaders are so intent on creating war. Here in 1997, Biden wants to admit the Balkans into NATO at any cost to create an internal violent reaction inside Russia. This is two years BEFORE Putin. It appears to be what I have said all along. In 1997, Yeltsin had been reelected. He was pushing for democracy and economic freedom. The fact that he was battling the old-line Communists seems to have made no difference to Biden. It never mattered who was in charge of Russia. The narrative was that Russia was the enemy and nothing else would matter. If Russia was NOT the enemy, then NATO was no longer relevant.

Today, we have nothing but hatred building up on both sides, Ramzan Kadyrov, the Chechen leader, has come out and declared that  he is waiting on an order from the Russian president to blast Western countries into “smithereens.” Once upon a time, we use to fear nuclear war. Today, we seem to be praying for it. There are no peacemakers anymore – only seating hatred. Anyone who takes against war is called a Putin Supporter. But this shows all along the hatred of Russia existed long before Putin.

Carl Gersham, the long-time director of the National Endowment for Democracy (NED), came out in 2013 before the 2014 Ukrainian Revolution and wrote in the Washington Post that: “Ukraine is the biggest prize.” He advocated targeting Ukraine to break its ties to Russia and then “Putin may find himself on the losing end not just in the near abroad but within Russia itself.” The idea of regime change was one of the tools of the CIA. It is no longer a covert tool. It is now fully in the open. War is no longer abstract. It is now inevitable and our computer will be correct once more.

Since the 2011 World Economic Conference where I put out the forecast from our computer that the war cycle would turn up in 2014, that was precisely on target with the 2014 Ukrainian Revolution which started the whole nightmare.

Jul 21 2022

Biden Approval Plummets to 18 Percent with Latino Voters After Comparing Them to Breakfast Tacos


Posted originally on the conservative tree house July 20, 2022 | sundance

The “breakfast taco” comparison was declaration heard loud and clear amid a Latino/Hispanic population already unhappy with the economic and social destruction the Biden administration has unleashed.

While it is not surprising to see a culture based on faith, family and tradition, become upset with policies that have a direct and immediate impact on their quality of life, it is surprising to see how much the Latino voting place has shifted.  A new Quinnipiac poll [DATA HERE], notably a very left leaning political survey operation, shows just how far the Biden administration has plummeted:

Overall approval for Joe Biden is now only 18% amid Latinos, with 69% disapproving and 49% strongly disapproving.

Things get worse when you look at opinions of Joe Biden and his handling of the economy.

66% of overall Americans disapprove of the way Joe Biden is handling the economy.  That number rises to 72% amid Latino adults.

Keep in mind this polling is very skewed.  You can see how skewed it is when the #1 concern for Democrats in the survey is “gun violence” (22%), the number two concern is “abortion” (14%) and then inflation and the economy comes in third place at 14%.

No other poll has inflation and the economy in third place amid any group. It is the #1 concern across every group polled.   Somehow Quinnipiac was able to generate a poll where guns and abortion (the ideological narratives) ranks higher than the economy as “the most urgent issue.”

See the FULL DATA HERE

Jul 21 2022

Using Executive Power Biden Pledges Increases in OSHA Workplace Inspections as Part of Climate Change Compliance System


Posted originally on the conservative tree house on July 20, 2022 | sundance 

Joe Biden has pledged to increase his use of executive power in order to deconstruct the U.S. energy system and recreate a Green New Deal energy economy using windmills and solar power to generate electricity.  Today, Biden kicked-off the first round of executive orders [READ HERE].

The first round of executive orders is essentially payments to low income Americans for the increased costs of Biden’s new energy programs.  However, for those paying close attention, I would direct you to notice this predictable aspect in the “Fact Sheet” provided by the White House:

…”the Department of Labor’s Occupational Safety and Health Administration (OSHA) has already conducted 564 heat-related inspections, which are focused on over 70 high-risk industries across 43 states. On days when the heat index is 80°F or higher, OSHA inspectors and compliance assistance specialists are engaging in proactive outreach and technical assistance to help stakeholders keep workers safe on the job.”

Overlaying the COVID-19 mandates and executive orders as a guide, I think everyone can see where this is going.

[Go Deeper Here]

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Prepare for the Biden Blackouts…

Jul 21 2022

Joe Biden Appears to Say He Has Cancer During Speech in Sommerset, Massachusetts, (Video and Transcript)


Posted originally on the conservative tree house on July 20, 2022 | sundance 

Moments ago, while delivering a speech at a former coal-fired power plant in Somerset, Massachusetts, Joe Biden stated he has cancer.  I’m not sure if that is what he meant to say, but here is the video and transcript:

…”My mother drove us, and rather than us be able to walk, and guess what? The first frost, you know what was happening, you had to put on your windshield wipers to get literally the oil slick off the window. That’s why I, and so damned many other people I grew up with, have cancer; and why can’t for the longest time, Delaware had the highest cancer rate in the nation.”…

WATCH:

Jul 21 2022

Joe Biden Promotes Enhanced Background Checks for All Firearm Purchases Under Age 21


Posted originally on the conservative tree house on July 20, 2022 | sundance 

The irony is, this is the same person and political part that support the “transition” of young people, to include the removal of their genitals, without parental notification or any enhanced psychological stability checks.   [TWEET Link]

Background checks before 17, 18-year-old firearm purchases, but fast-track for gender reassignment.

Strange priorities.

Jul 19 2022

White House Economic Advisor Jared Bernstein Reacts to Putin’s Gasoline Price Plunge


Posted originally on the conservative tree house on July 18, 2022 | Sundance

During the White House press briefing today, the administration sent Jared Bernstein to the podium to discuss a recent drop in gasoline prices.  Bernstein was claiming that Joe Biden had lowered gasoline prices when journalist James Rosen asked a question. {Direct Rumble Link}

James Rosen asked Bernstein why it was “Putin’s price hikes” when the gasoline prices are increasing, but not “Putin’s price plunge” when gasoline prices are decreasing.  Bernstein attempted to clarify his position and ended up looking silly.  WATCH:

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Meanwhile, the Dallas Federal Reserve held its energy survey, there was some important feedback noted from the Oil and Gas industry.

I had not thought about some of these issues the professionals in the energy issue raised:

“The real energy crisis isn’t even here yet.  The U.S. Energy Information Administration forecasts U.S. oil production to an average 12.5 million barrels per day for the next 30 years.  This is all but impossible.  Shale will likely tip into terminal decline in about five years as the main shale plays run out of location.  Unfortunately, by then, most of the individuals with incumbent knowledge about offshore and international development will have retired.  The brain drain in the industry will create a real and much larger crisis in the mid-to-late 2020’s.”

Jul 19 2022

Furrowed Brows Deepen as Jake Tapper Accepts Results of Latest CNN Poll About Joe Biden


Posted originally on the conservative tree house on July 18, 2022 | Sundance

Jake Tapper called the latest CNN polling “shocking” as the results deepened his perpetually furrowed brow.   Just about every metric surveyed in the poll of Joe Biden’s job performance is the lowest that CNN has ever polled.  Unfortunately, despite the entire nation rejecting the Biden administration and having an adverse reaction to the outcomes of Biden policy, there is no indication anything is going to change.

As we have stated from the early moments after the election, Joe Biden is simply a disposable political puppet for the people who are really running the administration.  Biden was selected and installed for his unique levels of selfishness, dementia and stupidity.  He is the disposable front man for a single term of insane left wing policy execution centered around radical transformation of the U.S. economy via Green New Deal energy and social justice policies.  CNN is simply measuring the American response. WATCH:

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Jul 19 2022

Homebuilder Confidence Survey Records Largest Drop in History Sans Pandemic


Posted originally on the conservative tree on July 18, 2022 | Sundance

As expected, the latest National Association of Home Builders survey [Data Here] shows the July confidence opinion of industry professionals now reflects the largest single month drop in the history of the survey (removing pandemic impact).

On a macro level, home values peaked in April/May and have been dropping ever since.  Mortage rates have increased borrowing costs and inflation is squeezing home buyers out of their savings and/or down payment.  Home sales have stalled in multiple regions and the prices of existing homes for sale are dropping, quickly.  Many home building contracts are being cancelled and builders are now dropping prices in order to retain prior sales.

(Via Forbes) – […]  Builder confidence in the market for new homes posted its seventh consecutive monthly decline in July, falling 12 points to 55 for its second-biggest single-month drop in history, according to the NAHB/Wells Fargo Housing Market Index released Monday.

[…] In emailed comments, Pantheon Macro chief economist Ian Shepherdson said confidence has “further to fall,” noting that Federal Reserve Chair Jerome Powell last month alluded to the housing market’s “complicated situation,” saying potential home buyers “need a bit of a reset” as mortgage rates normalize at higher levels after remaining historically low during the pandemic.

“This is a meltdown,” says Shepherdson, noting home prices should soon start to drop and warning: “Pretty soon, anyone who has bought a home in recent months will be sitting on a loss.”  (read more)

Percentage of Buyer Contract Cancellations in last 30 days

Jul 19 2022

Battle Lines Being Drawn – Mike Pence Endorses Karrin Robson in Arizona, President Trump Endorses Kari Lake, Dueling Campaign Events Friday


Posted originally on the conservative tree house on July 18, 2022 | Sundance 

While the ranks of the MAGA rebel alliance continue to grow, it is obvious how the UniParty empire is striking back. On the presidential side of Republican politics, the Wall Street crowd are positioning their candidates:

The open-border GOPe crowd (Koch Inc.) have already put Kristi Noem into play with a book release and well financed marketing team. The foreign policy interventionist GOPe crowd (AIPAC lobby) are funding Nikki Haley and Mike Pompeo respectively.  The GOPe white wine spritzer crowd (inside donor class) are funding the explorations of Mike Pence.  And the GOPe Wall Street hedge funds (political insurance experts and short sellers) are betting other people’s money on Ron DeSantis.

There will likely be other fish, but for now that’s the inside crew being financially fed by those who run the Republican Club.  Inside the death star, Decepticon Leader Mitch McConnell and the GOPe beltway control agents have contracted for the 2024 reupholstery of the club’s leather chairs, and the mahogany table is being refinished to remove scratches from the crystal brandy glasses that were slammed and shattered in prior bouts of UniParty frustration.

From the perspective of Republican club control, the MAGA rebellion must be crushed at all costs. Control over the mid-term outcome, which may include the intentional losing of key races in order to ensure full retention of club control, now heads into the championship rounds.  Mike Pence will lead the current fight in the battleground of Arizona, where the republican club cannot –and will not– permit the MAGA rebellion to interfere with their larger responsibility for open-borders and cheap labor migration.

There are trillions at stake. [Please note my emphasis below]

Washinton Post – PHOENIX — Former vice president Mike Pence is endorsing Arizona gubernatorial candidate Karrin Taylor Robson, a developer who has long been involved in Republican politics, instead of former president Donald Trump’s chosen candidate, Kari Lake.

[…]  The endorsement illustrates the division in the party between Trump supporters who value loyalty to him over all else and those who want to move on from endlessly litigating the 2020 election, including those who are grateful that Pence and other Republicans blocked Trump’s attempts to overturn the results. Trump and Pence, who are each thinking about running for president in 2024, both plan to be in Arizona on Friday to campaign for their chosen candidates ahead of an Aug. 2 primary.

Pence called Taylor Robson “the best choice for Arizona’s future” in a statement provided to The Washington Post.” (more)

Well, obviously, because all the best republicans provide advanced notice of intent to The Washington Post.  [[ insert massive eyeroll here ]]

Successful republican club politics always involves the illusion of choice.

Republican party candidates, those funded by the various mechanisms that eventually all lead back to Wall Street and the multinational banking and finance interests of the professional donor class, are more akin to Russian matryoshka nesting dolls.   Remove the top of one doll and the doll underneath is an exact duplicate, only smaller.  Keep removing them and eventually you get to the least visible doll, the one easiest to control, which is the one that all others are created to hide.

Pence is the biggest and most visible DeceptiCon in the republican club’s matryoshka operation.

I suspect Noem and/or DeSantis will be the doll we will find after all the other club masks fall.