Tag Archives: Green Energy Not Reliable

May 3 2022

Why is CASH King in Times of War?


Armstrong Economics Blog/USD $ Re-Posted May 3, 2022 by Martin Armstrong

COMMENT: Dear Martin,

So refreshing to see some theory regarding silver other than crazy goldbugs claiming JP Morgan artificially putting down t silver prices for XX years. Still what I find interesting is the weakness of the US stock market. Bonds getting dumped, Precious Metals getting dumped, EM’s getting dumped so everyone is just holding USD as cash? Take care.

Best,
Sant

ANSWER: In times of war, UNCERTAINTY is always dominant. It is interesting that the Romans’ Temple of Janus had two doors, and in times of war they were left open, symbolizing that the future was uncertain. Hence, the winds of war could pass freely through the temple, warning they could also lose. During times of peace, the doors were closed, symbolizing security. This is why CASH becomes king in times of war. Even the ancient coin hoards are typically stashed during times of war.

While some think that the Cuban Missile Crisis was when Kennedy took the nuclear deterrent to direct confrontation with Russia rather than attacking Cuba, I suggest that they look at the film the “Courier.” Kennedy did not reject the advice of his advisors to bomb Cuba, there was information flowing from a Russian dissenter who was concerned about nuclear war and the ideology of Khrushchev that communism would conquer the world. This is a totally different time. Putin is not a Communist, and he has no desire to conquer the world with an economic theory. Kennedy was following the advice of his advisers, who were NOT advocating to bomb Cuba. They knew they were fighting against an economic theory to conquer the world, which ironically is the objective of the World Economic Forum and Klaus Schwab.

Freezing assets as Biden has done to all Russians is unproductive. Nobody seems to have ever asked, “Have sanctions ever worked?” On July 24, 1941, Tokyo decided to strengthen its position in terms of its invasion of China by moving through Southeast Asia. On July 26, 1941, President Franklin Roosevelt seized all Japanese assets in the United States in retaliation for the Japanese occupation of French Indo-China. That was followed by Pearl Harbor less than five months later. It seems that our leaders are deliberately pushing the world into war. They need to justify the collapse in their fiscal mismanagement of the global economic system.

The dollar rose during World War I and during the Great Depression when most of Europe defaulted on its debt in 1931. The dollar spiked higher in 1940, but then the US government imposed controls during World War II. They even instructed the Fed to buy US debt at par which they finally rejected in 1951. Note that once the controls were lifted, the dollar soared again post-war.

The dollar on a CASH basis has been the safe haven during war, mainly when the rest of the world is collapsing. This war will NOT be a rerun of the last two. Moving to digital currencies will be the kiss of death and render the financial system completely vulnerable to cyber attacks. The last time, there was counterfeiting of an opponent’s currency to undermine its ability to fund its defense. Even the British were counterfeiting the Continental Currency during the American Revolution.

May 3 2022

Boris Johnson’s Stupidity – Who is the Only Statesman Standing?


Armstrong Economics Blog/Russia Re-Posted May 2, 2022 by Martin Armstrong

Russia TV called out Borris Johnson for threatening to launch nuclear weapons against Russia. As they aptly warned that Borris has simply lost his mind that the UK is a very small island and one long-range nuclear weapon will wipe out the UK from the face of the planet. They also point out that they can simply detonate one offshore that would create a tsunami that would also wipe out the UK.

As one reader pointed out, strategic nukes and tactical nukes are different in classical terms of “strategy” and “tactics”. The long-range strategic nukes are long-range (ICBMs, SLBMs, BTW launched, etc.) and generally used for a large-scale assault, whereas tactical nukes are short-range (smaller artillery-launched) and less powerful (relatively speaking, of course). Russia could use a tactical nuke and wipe out Kyiv without destroying the entire country. That would at least shut up Zelensky and he will never get to spend the $850 million he has already allegedly stolen post-war with the blood of his own people to keep the money flowing which he is stuffing offshore in the traditional fashion of Ukrainian politicians. In the US, they go in broke and leave as millionaires. In Ukraine, they strive to leave as billionaires.

Russia is correct that just one nuke would wipe out Britain and Scotland. Just what the hell is going on here with these braindead leaders in the West is unimaginable. I spoke with a Congressman this morning and the sad state of affairs was that I was told that there is little expertise on Capitol Hill for the cold war generation seems to have retired. That is not helped when we have a senile President who seems to be rambling and will simply sign whatever they stick in front of him and needs the Easter Bunny to direct him and turns to shake hands with people who are not there.

Nobody wants to discuss the fact that Kyiv sent its army to begin the Civil War against Donbas on April 15th, 2014. It was called the “Anti-terrorist operation.” I have stated that I have personally known people on both sides from Kyiv and Donestk. I have listened to the sheer hatred of Russians that stems from the days of Stalin who killed 7 million Ukrainians by starvation (see the film Mr. Jones). It is understandable that Ukrainians would hate Russians and that includes those in the Donbas. Likewise, the ethnic Russians in the Donbas feel oppressed and hated based entirely on their ethnicity. Bute the Western Neocons just hate Russians so their story of Donbas is never told in the Western press.

As I have pointed out, the Russian scholars have been debating this issue for decades trying to answer the questions (1) who is Russian and (2) what is the territory of Russia. Stalin was not Russia – he was Georgian. Lenin wanted to maintain the USSR and the Russian Empire which each state retaining its sovereignty. Stalin disagreed and demanded USSR be one country and terminated Lenin’s idea of a quasi-United States of Russia.

Putin has cancer and he is undergoing surgery. His number 2 is Nikolai Patrushev who is much more hard-right than Putin. I am deeply concerned that Putin may not make it to 2024 and if that is the case, these insults the West keeps hurling at Russia have not only severed all relations, and the direct phone line set up after the Cuban Missile Crisis t was to ensure that the leaders could always communicate to avoid war. Biden has virtually thrown the phone out the window.

Despite all the propaganda that demonizes Putin, those behind him are FAR WORSE for they are no different than the Neocons in America who just cannot sleep at night as long as Americans are still breathing. Our war cycle post-2024 appears to be the worse period. I fear that Putin will no longer be in charge and then we will see the real rage of Russia and how it has been treated by Biden and Europe. Russia will celebrate defeating the German Nazis on May 9th.

As Glen Greenwald pointed out on Twitter, “Noam Chomsky, in an interview this week, says “fortunately” there is “one Western statesman of stature” who is pushing for a diplomatic solution to the war in Ukraine rather than looking for ways to fuel and prolong it. “His name is Donald J. Trump,” Chomsky says. ” Indeed, in my discussions, ironically there seems to be ONLY one statement still standing and that is Donald Trump. All we have a war-mongers cheering on World War III. Not a single world leader is interested whatsoever in world peace. They have all deliberately lied about what the Ukrainians have been doing against the ethnic Russians for they have killed over 6,000 civilians in this relentless war. Nobody can now stand up and even acknowledge that Putin was not lying or that he was even the slightest bit correct. Nobody will talk about Zelensky and how he has now polarized the Middle East as well as fueled the old hatred against the Jews. If you have not noticed, the countries surrounding Israel are aligning with Russia, not the USA and the EU.

May 3 2022

Politico Obtains Draft of Supreme Court Majority Opinion, Indicating Potential Reversal of Federal Abortion Law


Posted originally on the conservative tree house on May 2, 2022 | Sundance

Consider this sketchy right now.  Politico is reporting they have “obtained” a draft copy of the Supreme Court majority opinion which would reverse Roe -v- Wade federal abortion law and return the decisions on abortion law to the individual states.  {Uploaded Draft pdf Here}

While it is 98-pages, it is only a draft opinion.  The decision of the individual judges could change at any time based on their view of the severity of the outcome, wording and other inputs that would be provided. A draft opinion from internal deliberations has never, ever, been leaked before from inside the supreme court; and that alone should send warning flags to everyone.

Personally, I doubt any draft from February would be pertinent today.  This entire scenario just sounds massively sketchy.

“POLITICO received a copy of the draft opinion from a person familiar with the court’s proceedings in the Mississippi case along with other details supporting the authenticity of the document. The draft opinion runs 98 pages, including a 31-page appendix of historical state abortion laws. The document is replete with citations to previous court decisions, books and other authorities, and includes 118 footnotes. The appearances and timing of this draft are consistent with court practice.”

According to the draft, written by Justice Alito after the February oral arguments in the Dobbs -vs- Jackson’s Women’s Health case, five justices are aligned to overturn the 1973 ruling (Alito, Clarence Thomas, Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett); three justices are in dissent (Stephen Breyer, Sonia Sotomayor and Elena Kagan); and Chief Justice John Robert’s position is undetermined.

[…] The document, labeled as a first draft of the majority opinion, includes a notation that it was circulated among the justices on Feb. 10. If the Alito draft is adopted, it would rule in favor of Mississippi in the closely watched case over that state’s attempt to ban most abortions after 15 weeks of pregnancy.

A Supreme Court spokesperson declined to comment or make another representative of the court available to answer questions about the draft document. (read article)

Again, this leak is very sketchy.

Abortion on demand is the holy grail of social policy for the most extreme radical and violent leftists.  If this is a real leak from a staffer inside the Supreme Court, the explosive intent would be to railroad the final decision before it becomes public, and/or create some form of government intervention in congress.

{The Link to the pdf HERE}

May 3 2022

Election 2022, Catherine Englebrecht Outlines Devastating Evidence of Corruption by Georgia Governor Brian Kemp


Posted originally on the conservative tree house on April 30, 2022 | Sundance 

Catherine Englebrecht appeared on The War Room with Steve Bannon {Direct Rumble Link} to outline the evidence of election fraud that took place in 2020 through the use of ballot harvesting and ballot mules.   The receipts Englebrecht and True The Vote have gathered are the primary evidence in an explosive documentary that is going to be released shortly called “2000 Mules.”

The 2020 vote in key county precincts was manipulated by illegal and fraudulent ballot harvesting.  Wayne county, Michigan; Philadelphia county, Pennsylvania; Maricopa county, Arizona; Clark county, Nevada; Dane county, Wisconsin; and Fulton county, Georgia.  True the Vote has the documentary evidence, and video from the drop boxes, outlining how the ballot harvesting took place.  However, corrupt local and state officials have refused to investigate the evidence because the political scandal is extreme in consequence.

Importantly, during the interview with Steve Bannon, Catherine Englebrecht notes the systemic corruption by Georgia Republican Governor Brian Kemp, and his entire administration, as one concrete example of the willful fraud that cuts across party lines.  WATCH:

Incumbent Governor Brian Kemp is seeking reelection for the governors office. The primary is May 24, 2022.  He is being challenged by David Perdue, who has been endorsed by President Trump.  Unfortunately, Georgia utilizes an open primary system, in which registered voters do not have to be members of a party to vote in that party’s primary.  It is highly likely, to a predictable certainty, that Democrats in Georgia will be activated to vote for Brian Kemp in May, setting up a general election contest in November between Kemp and Democrat Stacy Abrams who is running unopposed.

I hope you will invest 20 minutes of your time watching the discussion to get a more fulsome perspective on the scale of political corruption that Ms. Englebrecht and her group have been fighting for more than a year.  The discussion about the GOPe corruption in Georgia is sickening.

Many people have pushed a narrative that essentially says we must move on from the 2020 fraud.  However, there is no moving beyond the illegal activity that surrounds a completely fraudulent election.  The issues from 2020 must be brought to the full sunlight of the American people in order to provide accurate context for all the current Biden administration activity, that, at it’s core, is intended to protect the U.S. government from what took place.

All the unconstitutional activity the U.S. government is doing now, from issues around censorship, to the J6 committee objective and the control of information, to the border crisis and events in Ukraine, are essentially downstream consequences from a stolen 2020 election.

EXAMPLE: Motor-voter registration (including the issuance of drivers’ licenses to illegal aliens) is used to manipulate the voter roles…. that fraudulent registration creates ballots….. those ballots are then used by political activists to generate votes….  those votes are not from the illegal voter, they are from political groups who then drop them in ballot boxes or voting precincts.   In many cases illegal aliens are not physically doing the illegal voting, the ballot is cast by political activists using the identity of the alien registration.   Everything starts with corrupted voter roles.

May 2 2022

As Biden Asks for $33 Billion, Nancy Pelosi and Adam Schiff Surface in Ukraine Meeting with Volodymyr Zelenskyy


Posted originally on the conservative tree house on May 1, 2022 | sundance 

House Speaker Nancy Pelosi led a quietly organized trip with a small group of senior House Democrats, including Foreign Affairs Committee Chair Gregory Meeks (D-N.Y.), Intelligence Committee Chair Adam Schiff (D-Calif.), and Rules Committee Chair Jim McGovern (D-Mass.) to Ukraine.

The trip comes as Joe Biden is asking congress for an additional $33 billion in aid to fund the government of Volodymyr Zelenskyy, bringing the total U.S. taxpayer laundry operation to around $50 billion.  Pelosi and Schiff likely setting up the mechanics for the distribution of funds to include congressional family indulgency fees, or Fourth Branch brokerage costs.

“Our delegation traveled to Kyiv to send an unmistakable and resounding message to the entire world: America stands firmly with Ukraine,” the group said in a statement. “When we return to the United States, we will do so further informed, deeply inspired and ready to do what is needed to help the Ukrainian people as they defend democracy for their nation and for the world.” (link)

May 1 2022

Why Are We More Divided Than During the Civil War? | Dennis Prager | POLITICS | Rubin Report


Posted originally on The Rubin Report  Published February 27, 2022 33,229 Views

Dave Rubin of “The Rubin Report” talks to PragerU founder Dennis Prager about the dangers of political polarization, why he is a former Democrat, why people think conservatives are evil, and why black workers always do worse with Democratic policies. First, Dennis explains why this period of political tribalism is so concerning and why the political divide may actually be more dangerous than the civil war. He explains why he won’t be leaving California and joining the blue state exodus to states like Florida and Texas. He also explains how he went from a Jimmy Carter voting former liberal to a promoter of conservative values. Next, Dennis shares a GK Chesterton quote that explains why a secular society may not be as good as it sounds and how secularism can lead to new religions like wokeness. He explains how the left no longer believes in science and how he was mocked on “Real Time with Bill Maher” for pointing out that the left now believes men can menstruate. Now only two years later, Bill Maher is attacking things like the pregnant man emoji. Dennis also explains how successful liberals have been at creating the myth of evil Republicans and why his first Republican vote was one of the hardest things he ever did. Finally, Dennis explains how liberal policies like those enacted by LA county DA George Gascón only make crime and public safety much worse. He shares how even an anti-Trump conservative like Jason Riley can see how Trump’s policies reduced black unemployment, yet black voters ignore this reality and continue to vote Democrat. Why do the crimes of the left by the people like Joseph Stalin and Chairman Mao get forgotten or ignored and who will pay for the lockdown mistake and COVID tyranny?

May 1 2022

Australia – One Giant Step for Klaus Schwab – You Will Own Nothing!


Armstrong Economics Blog/Australia & Oceania Re-Posted May 1, 2022 by Martin Armstrong

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Believe it or not, Australia wants to buy your home. Under the scheme, homebuyers will no longer need to pay Lenders Mortgage Insurance (LMI), which will save the people potentially more than $30,000. The initial proposal is they will buy 40% of your home. Like the income tax was only to be for the rich, the end of the story is in fact Klaus Schwab’s Agenda 2030 – you will own nothing because all debt will be wiped out – DEFAULT.

May 1 2022

Interview: Corona Investigative Committee


Armstrong economics Blog/Armstrong in the Media Re-Posted May 1, 2022 by Martin Armstrong

Click here to listen to Martin Armstrong’s interview with the Corona Investigative Committee. 

May 1 2022

DeSantis – Fire Fauci


Armstrong Economics Blog/Disease Re=Posted May 1, 2022 by Martin Armstrong

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May 1 2022

CNN Frets, 76 Percent of Americans Say Economy Getting Worse


Posted originally on the conservative tree house on April 30, 2022 | Sundance

The defender and protector of leftist politics, CNN’s Chris Cillizza, is having a meltdown over the 2022 mid-term prospects for Democrats, calling the economic situation “disastrous for Democrats’ 2022 chances.”

Cillizza is referencing the cumulative effect of high inflation, high gas prices, a negative GDP outcome for the first quarter, and now the latest Gallup polling data:

In the latest Gallup poll, conducted April 1-19, four in five U.S. adults rate current economic conditions in the country as only fair (38%) or poor (42%), with few describing conditions as excellent (2%) or good (18%). Furthermore, 76% of Americans say the economy is getting worse, 20% say it is improving, and 3% think it is staying the same. (read more)

As CNN shares, “if things stay roughly where they are today — in terms of economic measures like GDP and CPI and Americans’ perceptions of the state of the economy — Democrats will experience a cataclysm at the ballot box this fall. The question won’t be whether they hold their paper-thin majorities in the House and Senate, but rather how big the electoral hole will be that they have to try to dig out from over the coming decade.” (link)