President Donald Trump and House Speaker Mike Johnson held a joint press conference earlier today from Mar-a-Lago.
Keep in mind, the UniParty DC operation is constructed to remove Johnson and negate the Republican majority in the House of Representatives as a strategy against Donald Trump. As an outcome, Trump must navigate this shark infested water very carefully.
Despite his personal and private opinions of Speaker Johnson, Trump must position support as a method to stop the effort to flip the House prior to the November election. Keep this in mind as you look at “Republican” members who would appear to be targeting Johnson from a MAGA perspective. Even with all the stupidity of the Speaker on full display, removing Johnson right now would be tantamount to a hostile anti-Trump shift in the House… WATCH:
Posted orininally on the CTH on April 12, 2024 | Sundance
As anticipated by highly frustrated observers (me included), the House of Representatives has provided a two-year extension of the FISA-702 surveillance authority, with no substantive restrictions. While the issue is enough to make a person break things, the outcome does not come as a surprise.
Speaker Mike Johnson said earlier he was against FISA-702 extensions after seeing the evidence of thousands of Americans illegally captured under surveillance. According to the DOJ Office of Inspector General, the 14 month total of illegal searches for 2021 exceeded 1.1 million. Yes, THAT’s MILLION, and the searches were done by over 10,000 federal employees and contractors who have access to the personal electronic data of every American.
However, now that House Speaker Johnson is a member of the intelligence “gang of eight” and getting briefings from the intelligence community, he now sees value in the FISA-702 surveillance program regardless of the constitutional damage created in the aftermath of warrantless searches, a 4th Amendment issue.
The DC intelligence briefings are filled with pearl-clutching nonsense; however, none of the primary people in DC are willing to take on the intelligence community except Donald J Trump. This reality is one of the core reasons why the IC attack President Trump. The IC is a weaponized assembly of corrupt intelligence operatives from a broad spectrum of agencies, and nothing they say with authority can be trusted against the context of their self-interest.
WASHINGTON DC – The House on Friday passed legislation reauthorizing a controversial government surveillance power — capping off a monthslong debate marked by acrimonious GOP infighting.
The 273-147 bipartisan vote is a win for embattled Speaker Mike Johnson, who has struggled publicly to bridge the deep divides within his conference. But it also puts him at odds with some of his biggest conservative critics, 88 of whom opposed the bill, as he faces the threat of an ouster vote.
The bill still needs to get through the Senate and to President Joe Biden’s desk by the April 19 deadline for reauthorizing the spy power.
Friday’s vote comes just two days after 19 Republicans prevented Johnson from even bringing a bill to the floor to reauthorize Section 702 of the Foreign Intelligence Surveillance Act, which allows the intelligence community to collect the communications of foreign targets without a warrant.
Another dramatic turn came just ahead of the bill’s final passage, with a proposal to require warrants when searching foreign data collected by the surveillance program for information related to Americans failed on 212-212 tie.
The Biden administration and members of the Intelligence Committee waged an intense lobbying effort ahead of the vote; Attorney General Merrick Garland was calling members on Friday to urge their support for the bill and opposition to the warrant requirement, according to a person familiar with the conversations who was granted anonymity to speak candidly.
In a bid to get his holdouts on board, Johnson shortened the reauthorization period for the program from five years to two years — which caused heartburn in some corners of the Biden administration and would put the next wiretapping fight in a potential second Trump term, if the GOP’s standard-bearer wins in November. (read more)
Speaker Johnson on his FISA flip flop: “When I was a member of the Judiciary I saw the abuses of the FBI, hundreds of thousands of abuses. And then I became Speaker and got the confidential briefing to understand how important it is for national security.”pic.twitter.com/b5eqOTXANU
Don’t get too upset about this; this outcome was always going to be what happens. After spending several days trying to convince people in DC a few months ago, I realized the effort was futile.
We the People are in an abusive relationship with our government, and nothing is going to happen until the abused finally say, ‘enough is enough’ and stop allowing themselves to be victimized by a weaponized government.
Saying “enough is enough” takes a myriad of approaches, including extreme compliance and I will explain my thinking in greater detail very soon. You will understand much better when you understand what lawful non-adherence to their manufactured pretending looks like….
Posted originally on Apr 12, 2024 By Martin Armstrong
QUESTION: Can central banks not even manipulate the markets?
FS
ANSWER: No. Here is the track record of the central banks when they created the Group of 5 (now G20) in 1985. I warned them they would create a crash within two years. But look at what happened. The fools assumed the central banks could manipulate the dollar. When the Plaza Accord took place, the dollar had already peaked. Because the fools thought the decline was all because of the central banks, when the dollar had fallen too far, they held the Louvre Accord and came out saying the dollar had fallen far enough. When the dollar moved low again, the 1987 Crash too place BECAUSE the central banks were perceived to have no control.
I was named FOREX Person of the year for calling the collapse of the Swiss/Euro Peg. I even met with the Swiss central bank and warned them, They said they would be able to hold the peg and and said now way. I have met with more central banks than probably anyone – ever. I have been in the room when the red phone was ringing between the G5 on manipulating currencies. I need not engage in conspiracy theories. We have first-hand experience.
Even go back to the US Civil War. The dollar was collapsing, and the price of gold soared regarding greenbacks. Lincoln did everything. He shut down gold trading on the New York Stock Exchange. They then traded on the curb and created the Gold Room. Nothing worked.
Here is the New York Times from November 18th, 1864. They observed the “folly of attempting to regulate the price [of gold] or any other article of traffic by forcible interference.” Anyone who claims that gold was suppressed because of manipulation made that up because they do not understand that gold DOES NOT rise linked to inflation. Gold soars when there is a collapse in confidence in government and in times of war, just as it did during the Civil War.
Gold declined for 19 years while inflation rose and the National Debt exploded. Gold has rallied only when the CONFIDENCE in government has declined as we are seeing today. People are getting very tense. In Texas, a guy drove his 18-wheeler into a Texas Public Safety office after being denied a Commercial Drivers License.
CONFIDENCE has collapsed by about 50% since 1980. The movie coming out tomorrow on April 12th is the Civil War. Such a movie 20 years ago would have been unheard of.
Posted originally on Apr 12, 2024 By Martin Armstrong
COMMENT: I just had to say thank you. I kept a copy of your private post What Are the Markets Telling Us? from FEBRUARY 24, 2024. Your model called for a high in January, the false move to retest support in February, and a resumption of the trend into April. You have taught me so much about how markets move. Only a fool buys and holds, expecting every month to be higher.
Keep up the great reports. This is when many say we need you the most.
Jeb
That Post 2/24/24 Was:
The UK has a slightly different pattern from continental Europe. Germany shows a Panic Cycle in June. But the targets are shaping up as May and July. Blending in gold, January was high, and Feb has retested support, yet softly. Volatility should rise now going into March, and April 19/20th is the ECM turning point of the Ukraine/Russia War, followed by the main ECM target of May 7th. Here, too, we see rising volatility in gold from May into August, with a Panic Cycle in September and the peak in volatility in November probably related to the 2024 election.
ANSWER: Thank you. Everything moves in a cycle. Many of the great discoveries come only from observing how markets trade. John Law traded on the exchange in Amsterdam and came up with the theory of Supply and demand.
Sir Thomas Gresham also traded on the floor in Amsterdam, representing the English Crown. He saw how Henry VIII’s debasement of money caused people to hoard the older money, which actually shrank the money supply, forcing the state to debase even more. He came up with the idea that bad money drives good money out of circulation.
I invented capital flow analysis because, in the ’80s, I, too, observed how capital was rushing around the world, driving markets up and down. If you do not open your eyes, you will remain nothing more than the fool on the hill.
Only a fool refuses to learn about the markets. If you cannot grasp this basic fundamental principle, forget investment; you are just a fool who will lose everything. There are always false moves. That is how the market is propelled by moving in the opposite direction, creating bull and bear traps. Every rally in gold for 19 years was touted as this time will be different. When they failed, they blamed the bankers. NOBODY but NOBODY can manipulate any market, altering its trend. They can push the market around within the scope of support and resistance. But they cannot change the trend no matter what.
All the bankers and hedge funds were on the same trade with Russia. I was invited down to the dinner they put on to buy influence in the IMF at the National Gallery. I told them the market would crash and refused to join. When it crashed, they blamed me rather than admit they were all wrong. If they were so powerful, why do they always blow themselves up with Russia, mortgage-backed securities, you name it?
No market can be manipulated against its inherent trend. Anyone who claims gold was suppressed because it was manipulated simply was an excuse because their analysis was wrong. That is total BS to claim any market can be manipulated, converting a bull to a bear market. Everything is arbitraged on a global scale.
The majority is ALWAYS wrong, and that is what creates the crash. They are all long, try to get out, and there is no bid. Look at the Slinky moving down the steps. The opposite side gains the majority of power and then pulls the other side down, and so on. This is how the markets move. It is always a battle between bulls and bears, which is why the markets can never go in one direction. The same is true about everything, including climate change. The climate has always changed the same as markets have always risen and fallen, only to rise again. Marxism did not understand this fundamental, and it, like some gold bugs, tried to make the economy rise and never fall back into recession.
The French physicist Jean Foucault discovered what is known as the Foucault Pendulum. He proved that the earth rotated on its axis. The pendulum was constantly moving back and forth like markets by its own inertia. In the course of 24 hours, the floor moved in a circle. Since you are standing next to this pendulum at the Houston Museum of Natural Science, the illusion is that it moves in a circle when you and the floor are fixed on Earth.
NOT EVERYTHING IS WHAT IT SEEMS – ONLY A FOOL REFUSES TO SEE
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