The HILL Advocating to Prevent Trump From Taking Office?


Posted originally on Dec 27, 2024 by Martin Armstrong 

Hill Congress Stop Trump

COMMENT: Marty, I hope you had a great Christmas. I used to question your forecasts that the Democrats will split, that the 2024 election may be the last and that the Democrats could try to use the 14th Amendment to stop Trump from taking office. You could not rule out the Neocons trying to start World War III before Trump takes office or even declare Martial Law to postpone him from taking office. I have come to respect what your computer says, and I tell my son never to bet against you. After reading the latest article from The Hill, they seem to be another leftist publication that is telling Congress to act now to stop Trump. I now see a civil war unfolding if they do this, and 2024 would be the last election.

OMG! Socrates is so correct, and this is why mainstream media will never put you on TV or in a newspaper because they are cheering the end of Trump.

Jerry

Humpty Dumpty Falls

ANSWER: I always try to separate my personal opinion from Socrates. The Democrats are so corrupt; this has never been about democracy any more than the Ukrainian war or the weapons of mass destruction that never existed. This is raw power, and the LEFT is determined to seize control and take us into war; they do want what Schwab put out – you will own nothing but be miserable. The collapse of the United States is inevitable. The country is so divided it will never be put back together again like Humpty Dumpty.

The 2020_Coup 2

This article in The Hill is outrageous and clearly unconstitutional. They have thrown out the rule of law because the law means nothing if it prevents their power. They pronounce Trump guilty of a stage insurrection that they deliberately pulled off. They staged a coup, and NOBODY in Washington would dare lift a finger. I do not see how the United States can survive since nothing about us is united. They want to mandate abortion nationwide, overruling the Bible Belt telling them to take their religion and shove it where the sun does not shine. They want to tax UNREALIZED GAINS and point to billionaires who would then be forced to see their share, and all the mutual funds and pension funds will suffer monumental losses, for everyone will have to raise cash to pay the tax on profits they have not taken.

When the US Government Defaulted on its Bonds


Posted originally on Dec 26, 2024 by Martin Armstrong 

4th Liberty Bond Launch Wall Street 1918

The first three Liberty bonds and the Victory Loan, sold to fund World War I, were indeed retired during the 1920s. However, because the terms of the bonds included a Ponzi Scheme that allowed the bondholder to swap them for the newer bonds, with superior terms, most of the debt from the first, second, and third Liberty bonds had been rolled over into this fourth issue. The terms of this 4th issue were as follows:

Date of Bond: October 24, 1918
Coupon Rate: 4.25%
Callable Starting: October 15, 1933
Maturity Date: October 15, 1938
Amount Originally Tendered: $6 billion
Amount Sold: $7 billion

4th Liberty Bond

The terms of this Fourth Liberty Bond specified: “The principal and interest hereof are payable in United States gold coin of the present standard of value.” This was the typical “gold clause” that was found in most sovereign bonds, both domestic and international. In addition, private contracts and bonds also included this gold clause before Roosevelt. Generally, it was intended to guarantee that bondholders would not suffer from a currency devaluation – not inflation since even a gold standard does not prevent inflation.

The US defaulted on these bonds thanks to Roosevelt. The US Treasury called in this Fourth Liberty Bond on April 15, 1934, for redemption. However, the US defaulted on this term by refusing to redeem the bond in gold. They also ignored the dollar devaluation imposed by Roosevelt, which changed the dollar’s gold value from $20.67 to $35. The entire purpose of the gold clauses prior to Roosevelt was to protect against a currency devaluation. The 21 million bondholders lost 139 million troy ounces of gold, which caused the loss in international value terms to be approximately 70% of the bond’s principal.

The legal basis for the refusal of the US Treasury to redeem in gold was the gold clause resolution was Roosevelt’s effort to seize gold, devalue the dollar, and attempt to ensure that all profits would accrue to the government (Pub. Res. 73–10), dated June 5, 1933. The Supreme Court was petitioned to decide this issue, and what we will see is that Roosevelt just ignored the Supreme Court once again, showing that the Constitution means nothing when it constructs the government from its goal.

Charles Evans Hughes Sr. April 11 1862 – August 27 1948

Chief Justice Charles Evans Hughes wrote the decision in  Perry v. United States, 294 U.S. 330, 354 (1935). He made it very clear that the Joint Resolution of June 5, 1933, nullified the gold clause obligations of the United States and that they would only honor dollar for dollar, which was unconstitutional id /349. Furthermore, the Court held that Congress cannot use its power to regulate the value of money to invalidate the Government’s obligations.

FDR Gold Confiscation

President Franklin D. Roosevelt’s closure of the open gold market and the removal of the domestic backing of the dollar with gold took place with the signing of Executive Order 6102 on April 5, 1933. The Supreme Court ruled that the bondholders’ loss was unquantifiable and, therefore, repaying them in dollars according to the 1918 standard of value would be an “unjustified enrichment.” FDR essentially defaulted on the US national debt, repaying it with depreciated dollars, reducing the debt by nearly 70%.

Default is Always a Sovereign Prerogative when Things get Tight.

Eastern Region of Moldova Declares a State of Emergency as Ukraine Refuses to Continue Transit Agreement for Russian Gas


Posted originally on the CTH on December 24, 2024 | Sundance

In the nation of Moldova, the left bank of the Dniester (Nistru) River is home to 360,000 citizens in the Russia-controlled region of Transnistria. To the right side of the dividing line made by the Dniester is the western/EU allied side of Moldova.

The Russian energy company, Gazprom, provides gas to Transnistria through Ukraine. The gas is subsidized by Russia, so the Russian-allied citizens of Transnistria do not pay market prices; in fact, the gas is provided free. However, the gas into Transnistria is also used to power the Moldavskaya GRES power plant, which generates electricity for both banks of the Dniester. In essence, the “free” Russian gas is provided to both the pro-Russia and anti-Russia elements in the region.

The contract for the transit of Russian gas into Transnistria through Ukraine’s territory expires on January 1, 2025. Despite the war between Russia and Ukraine, gas transit and the contract signed in 2019 have continued. However, Ukraine under Zelenskyy has repeatedly said they do not plan to extend the gas transit agreement with Gazprom. This is a way for Zelenskyy, technically NATO, to create anxiety and crisis in the region.

The western aligned government of Moldova have been demanding that Russia withdraw all military and influence from the Transnistria region, meanwhile the Transnistria local governing officials are requesting Moscow to keep the flow of Russian gas ongoing. Observers have noted, “It looks stupid to ask for the withdrawal of Russian troops from Transnistria and meanwhile request Russia to continue to give free gas to the region.”

The citizens of Transnistria are pawns in the political schemes. Zelenskyy (Ukraine) is refusing to allow gas to heat their homes to come after the transit agreement ends. Ukraine, together with NATO, want Russians out of Transnistria. The looming energy crisis has created a state of emergency that the west, together with the Moldavian government intends to exploit.

It is not accidental that the EU/NATO/US State Dept/CIA are using the flashpoints of Georgia and Moldova to create conflict against Russia (check the map).

EUROPE – Moldova enacted a state of emergency, as the country gears up for an energy crisis at the start of 2025 following the end of Ukraine’s obligations to transport Russian gas through its territory.

Moldova, and especially the country’s breakaway region of Transnistria, will be hit the hardest following the end of the decades-long agreement.

Moldovan Prime Minister Dorin Recean said that the country has enough gas, bought on the international market, to keep the right bank of the Dniester (Nistru) River warm throughout the winter ahead.

But, he added, some360,000 citizens on the left bank of the river, in the Russia-controlled region of Transnistria, “are still dependent on one source of import — Gazprom.”

The leader of the Russian-controlled Transnistria declared a state of economic emergency on Dec. 6. Heaters, as well as basic goods like rice, grains, matches, salt and so on, have disappeared from shops, hoarded by the local population in anticipation of the crisis ahead.

Following decades of relying on free Russian gas, the Moscow-controlled region will now need to pay market prices, lowered by energy bill relief schemes provided by the Moldovan government. (read more)

It’s almost a guarantee at this point the CIA and U.S. State Dept. have ongoing strategic operations in control of Moldova. Energy market prices will be a lot higher than what eastern Moldovans pay now. There is going to be unrest and political friction created by this crisis as the west says, “apparently, independence has a several costs.”

White House FEBRUARY, 2023 – President Joseph R. Biden Jr. met today with Moldovan President Maia Sandu in Warsaw. President Biden reaffirmed strong U.S. support for Moldova’s sovereignty and territorial integrity. He highlighted ongoing US assistance to help Moldova strengthen its political and economic resilience, including its democratic reform agenda and energy security, and to address the effects of Russia’s war against Ukraine. (link)

Moldovan President Maia Sandu

For more than two years we have been saying to keep an eye on Moldova in the background.  On November 2, 2024, Moldova held their national election, and while the actual number of people living in Moldova voted for the anti-war position, once the overseas ballots were added the results changed.  The nationalists became the minority and the pro-war/pro-EU globalists declared victory.

This may seem like a relatively ‘over there’ and small issue.  However, the people who control Joe Biden, the U.S. State Dept and the CIA have been positioning themselves in/around Moldova for several years now.

Now that Georgia has voted to reject the EU and anti-Russia efforts, watch out for Moldova to become the spark that leads to escalated conflict with Russia.

Moldova has a significant population of pro-Russia citizens in the east, which makes the internal domestic dynamic a little strenuous to manage. It is very similar to Ukraine in that regard. It is much smaller than Ukraine, but similar inside the national political dynamic.  Additionally, the geopolitical dynamic that is unfolding with the use of Moldova is identical to how the U.S/NATO exploited Ukraine.

It was the Moldovan ex-pat community, living outside Moldova, that overwhelmingly decided the fate of this small nation that borders Ukraine.

The people living in Moldova are majority aligned with Russia.  However, the people voting in the election from outside Moldova changed the dynamic of the election.  This reality creates a major source of angst for Russia and Vladimir Putin.  This dynamic also creates the point on the stick the EU/USA and CIA will use to poke the bear.

Watch closely.

When the U.S. activates NGOs in European countries (Moldova, Hungary, Georgia) the media call it “spreading democracy.” However, when the people who live in the country organically rise up in the opposite direction against the government outcomes from the NGO pressure, the media call it “Russian interference.”

Russia to Pay off Ukraine’s Budget Deficit


Posted originally on Dec 23, 2024 by Martin Armstrong 

Zelensky with EU leaders

The West has funneled more money into Ukraine than the entire nation’s GDP. The nation was considered a corrupt pariah by the West who would not allow Ukraine into any bloc formed from NATO to the European Union. Now, the European Union is virtue signaling by claiming it has covered Ukraine’s budget deficit next fiscal year.

None of these nations can overcome their deficits. Of course, the funding did not come from these governments but rather from the stolen Russian funds confiscated at the beginning of the war. The next €30 billion of transferred stolen assets will allegedly pay off Ukraine’s full deficit.

EU Rebuild Ukraine with Russian Money

Ursula von der Leyen, President of the European Commission, praised the West for robbing Russia to pay Ukraine. “We know that 2025 is going to be a decisive year… we have to put Ukraine in a position of strength. Looking back, Europe has so far provided Ukraine with almost €130 billion. We have secured economic and financial stability until the end of 2025. That is good news. And with the Ukraine Facility and our G7 loan, we are even covering most of Ukraine’s financing gap for 2025. This is a major achievement,” she said.

The elites claim these funds amount to money that the Russian oligarchs stole from the Russian people, but that is simply not the case. The West has confiscated assets from a foreign nation during a time of peace as Ukraine is not in the NATO alliance. Now, the West is using those illegally confiscated assets to attack its adversary. This is complete and total economic warfare. China and others are taking note.

They stipulate this by saying they will only loan Ukraine money made on the profits of holding these assets. The risk will be shared among the G7 nations, and this risk is substantial, for Ukraine will no longer exist as a nation when this is over based on our computer models. Zelensky is too busy stuffing his pockets to care about his people or the future. He is banking on NATO invading Russia and extinguishing it as a country so he can then seize all the assets of Russia for Ukraine.

These nations are teetering on the edge by using these assets as collateral. Putin could confiscate ALL assets held by Western countries and private/public corporations under these new economic warfare tactics that completely violate international law. Zelensky has been demanding the full $300 billion in confiscated Russian assets as no sum will ever be enough for his bottomless pockets.

BlackRock.JPMorgan.UKRAINE.Reconstruction.Fund_

The G7 did not pull off an act of goodwill; rather, they opened the door for a new form of dirty economic warfare. This certainly does not mean Ukraine will stop begging for military and economic aid. Their deficit is currently being ignored. Ukraine is now in debt to the West for the trillions in loan payments. The true numbers are never calculated, but rest assured, Ukraine will be on the hook to all of its NEW debtors when the time comes. “Remember when Ukraine was a country?” will sadly be a question in the future.

Red Pill Interview – End of Money


Posted originally on Dec 22, 2024 by Martin Armstrong 

Armstrong Interview: Depression, Debt, Default & Destruction in 2025


Posted originally on Dec 22, 2024 by Martin Armstrong 

Amfest Attendees Reaction To The Vote In The House: “SHUT IT DOWN”


Posted originally on Rumble By Bannons War Room on: Dec 20, 2024 at :7:00 pm EST

Bannon: “When Does Accountability Day Start? January 20th, 2025”


Posted originally on Rumble By Bannons War Room on: Dec 20, 2024 at :7:00 pm EST

Sen. Ron Johnson: Nobody Can Justify This Increase In Spending


Posted originally on Rumble By Bannons War Room on: Dec 20, 2024 at :7:00 pm EST

Short-Term Funding Mechanism for Govt Spending Passes House


For those who walk the deep weeds of internecine politics, we notice there is an influential component of the Sea Island group still at work within the GOP.

The same Republican “conservatives” who voted to suspend the debt ceiling issue for Joe Biden (Chip Roy, Thomas Massie, Nancy Mace et al), refused to stop the issue of the debt ceiling from surfacing during the Donald Trump administration.

At a certain point we must accept there are elements within the republican apparatus who intend to disrupt President Trump even though they present a false face.

The short-term spending bill has punted the issues of government funding into March 2025. The package passed 366-34, with the support of 196 Democrats and 170 Republicans.

The good news is that most of the hidden non-spending aspects were removed in the much shorter CR extension. The provisions which shielded the administrative state, approximately 1,000 pages of self-interested regulation, were removed. However, the debt ceiling conflict will rise again and could potentially present a problem because they will be attached to future legislative negotiations on Trump policy.

The House “Freedom Caucus” is essentially the voice and mechanism for the Sea Island group to disrupt MAGA plans and President Trump’s economic priorities. The Debt Ceiling is their legislative weapon, a false front technical issue to hide the Freedom Caucus intent. They justify standing against Trump by saying “fiscal conservatism”; but in reality, their history shows their vitriol only extends outwardly when Trump is in office.

The Sea Island multinational and banking group (traditional GOP control elements) are the financial backers of these anti-Trump schemes. The origin of their corporate opposition comes from the way they make money, which is not in alignment with the policy of President Trump.

The same group of influential hedge fund managers, billionaires, multinational corporations, banking groups and political operatives on K-Street who do their bidding (Chamber of Commerce, Club for Growth etc.) are/were behind the effort to lift Ron DeSantis. It is easier to reference them simply by saying The Sea Island Group. This is why we see the same names, the Ron DeSantis supporting politicians, voting against the proposals of President Trump.

They do not support the operational intentions of Donald Trump (economic nationalism), and they use “conservative principles” as the justification for their opposition. Quite simply, it is a ruse. I am sick of watching these Deceptive Conservatives create arguments amid the republican base of MAGA support who do not follow the convoluted mechanics of how they use legislation and votes (cloture) to carry out the objectives of the billionaire donor class. CTH was founded in part on this issue. We have outlined these masks for a long time.

(Via NBC) – WASHINGTON — The Republican-controlled House on Friday evening passed a short-term bill to avert a government shutdown … The vote was 366-34, with all opposition coming from Republicans and one member voting present. It capped a tumultuous week in the House that foreshadowed how the new Congress in January might deal with a mercurial Donald Trump back in the White House. A two-thirds vote was needed because the bill came to the floor under a fast-track process.

The legislation now heads to the Senate which must pass it before 12:01 a.m. to avert a shutdown.

The package funds the government at current levels through March 14, and includes $100 billion in disaster aid and a one-year farm bill — while stripping out a debt limit extension demanded by President-elect Trump earlier in the week. (read more)

These funding fights always break down to accepting a crap sandwich amid a buffet of horrible ingredients.  They always suck; however, President Trump’s pragmatic optimal solution approach has always been to plough through it with as little of the crap ingredients as possible, while rapidly positioning to have the benefit of his economic policy as fast as possible.

Lastly, understand this with direct seriousness. The House Freedom Caucus (HFC) wants the Debt Ceiling fight. It is a tool they can use so they can impede the economic agenda of President Donald Trump. This same HFC will -eventually- work to STOP the Musk and Ramaswamy DOGE effort to remove the tentacles of big government.

The HFC are anti-Trump, and they will stand aghast shouting “muh principles” when you point it out; they are, unfortunately, assholes.