Armstrong Economics Blog/Socrates Re-Posted May 12, 2023 by Martin Armstrong
This was the Question asked:
Socrates, how do I solve a debt crisis without a default that is fair to both sides?
This was the Question asked:
Socrates, how do I solve a debt crisis without a default that is fair to both sides?
If you think about Joe Biden’s 4-year term in office as an intentionally constructed single term with no limits or consequences to the cascading damage inflicted; and if you think about the ideologues behind the plan to use cognitively challenged Biden as a tool to achieve their agenda; then everything from the way he was selected in 2020, to the disconnected and fragmented policy and Biden’s interpretation of them, just makes sense.
As our friend Lee Smith summed up in early 2021, “Joe Biden is an avatar for Barack Obama’s third term.” That is what we have been witnessing. A term in office where every policy wish list and far-left agenda item could be triggered without any care or consequence of political damage.
The people behind Biden are ideologues using this unique opportunity to further the “fundamental change.” From that perspective every single granular move during the Biden term makes sense. However, this also means there’s no term two in the design. The damage will be so great, there’s no way for a second term.
Again, if you accept that background, and ignore the puppet presentations, everything currently underway that seemingly makes Biden look vulnerable and disposable makes sense. It’s not Republicans trying to take him down, it’s Democrats – who will use republicans to assist them.
Into this landscape comes the second leverage point for the removal. The vulnerability represented by Hunter Biden. This approach also explains why the Hunter Biden investigation was completed long ago, and the Deputy Attorney General Lisa Monaco/Obama-minds were simply waiting for the timing of the election calendar. Earlier today a Main Justice whistleblower provided the triggering mechanism for one removal approach. Here is another:
WASHINGTON DC – Prosecutors are nearing a decision on whether to charge President Biden’s son Hunter with tax– and gun-related violations, according to people familiar with the matter, the culmination of a four-year investigation that Republicans have sought to portray as evidence the Biden family is corrupt.
Biden’s attorneys met at Justice Department headquarters in downtown Washington last week to discuss the case with U.S. Attorney David Weiss of Delaware, according to the people familiar with the matter, who spoke on the condition of anonymity to discuss an ongoing criminal investigation. Typically, that sort of meeting — in which defense lawyers urge prosecutors not to seek an indictment of their client, or to seek reduced charges —comes toward the end of an investigation.
The people familiar with the matter said Weiss is nearing the end of his decision-making process, although they offered no specific timetable. They cautioned that the probe has taken longer than some officials thought it would, frustrating some law enforcement officials, and conceivably could slow down again before a decision has been reached. (read more)
Every single conflicting point reconciles, if you accept the Biden program was a one-term disposable effort.
The timing is up, now the removal leverage is deployed with enough time to present the branding needed for the Biden replacement.
Assets like Susan Rice are pulled from the White House. The Obama embeds position to avoid damage, and the circumstances for Biden’s removal are created by the same people who control the collection of the evidence against him.
There isn’t going to be a Joe Biden DNC nominating convention in Chicago. There isn’t going to be another presidential race by Biden; it was never the intention from the outset in the 2020 plan to use him. Biden is in the process of being excommunicated from the party. His usefulness exhausted, this is the disposal phase.
The only thing left to negotiate are the terms of the exit.
There is a mole within the Pentagon and officials are eagerly seeking to find the source. Someone has been leaking classified documents to the public that include plans to involve the international community in the Ukrainian conflict. Someone in the intelligence community wants the public to know about America’s increasing involvement in the Russia-Ukraine proxy war.
A source close to Zelensky has said that Ukraine has scrapped previous war strategies due to the leaked information. The documents actually mention that the US has been spying on Zelensky himself, which comes as no surprise. Chris Meagher, the assistant to the secretary of defense for public affairs, said the leak is under investigation and that they do not know how much information has been leaked. Meagher claims some of the documents have been altered in an attempt to cover up the truth. He is reassuring allies “of our commitment to safeguarding intelligence and fidelity to our security partnerships.”
The documents were highly classified and contained information on how the US spies on its allies and enemies alike. The documents began appearing on Discord servers, 4Chan, and other platforms about a month ago, with over 50 sensitive documents now revealed to the public. The Five Eyes intelligence alliance, which includes Canada, Australia, New Zealand, and the UK, are now urging the US to rectify the situation immediately. Time will only tell what secrets these documents reveal.
They could not deny that the papers were real. We have seen how the intelligence community treats those who expose the truth like Edward Snowden who must live out his existence in fear. The source knows the risks and will likely risk their life to expose the truth.
United States Code at 18 U.S.C. § 2381
Whoever, owing allegiance to the United States, levies war against them or adheres to their enemies, giving them aid and comfort within the United States or elsewhere, is guilty of treason and shall suffer death, or shall be imprisoned not less than five years and fined under this title but not less than $10,000; and …
The U.S. Dept of Justice (DOJ) has sent a five-page letter to congress, copying Politico for the public distribution therein. [SEE pdf HERE]
The snarky and passive aggressive Lawfare tone inside the letter is rather remarkable in its sanctimony and condescension. Essentially, Main Justice is telling congressional oversight, specifically House Judiciary Chair Jim Jordan, not to expect any timely responses because there’s a lot going on.
Additionally, as the letter directly implies, Republican oversight is not in the favor of the current administration or DOJ and, well, in general terms, get over it – they aren’t complying. However, feel free to initiate the formal negotiation process that will likely take several years.
From the letter to Jim Jordan, “Your January 17 requests—made now in your position as Chairman—initiate the constitutionally mandated accommodation process. Under this process, the Legislative and Executive Branches have a constitutional obligation to negotiate in good faith to meet the informational needs of Congress while protecting the institutional interests of the Executive Branch. We look forward to beginning this process in response to your January 17 letters.” (link)
(Via Politico) – […] The letter, addressed to Judiciary Committee Chair Jim Jordan (R-Ohio), acknowledges the GOP’s multiple requests for information during the last Congress but doesn’t divulge any new information. Instead, Uriarte outlines how he hopes DOJ could have a “productive relationship” with Republicans in the new Congress, as Jordan had in previous letters accused the DOJ of “stonewalling” their requests, raised the possibility of a subpoena and said the committee could resort to “compulsory practices” to obtain the requested information and documents.
It’s an early marker of DOJ’s position as Republicans pledge to probe President Joe Biden’s administration over a laundry list of issues, including with a select subpanel that has a broad mandate to investigate the federal government. Conservatives have hinted they would use that panel to try to look into certain ongoing law enforcement investigations. (read more)
I think at this point everyone outside the professional political class in the Legislative Branch knew this was going to happen. However, the Republicans in Congress will likely pretend to be stunned by this development, Fox News Sean Hannity will be outraged by it, and then the RNC and RCCC will dispatch fundraising campaigns citing the refusal of the DOJ. Win, win, win… wash – rinse – repeat.
Predicting this approach was exactly why CTH said the House Subcommittee on Weaponized Government should not waste time looking for assistance, documents and or internal support from the various DC silos. Instead, the oversight committees need to go through the formal request process (blah, blah, blah) but focus their efforts at getting documents from the private sector collaborators outside the DC silo system.
If it seems like the Democrats always know how to use power more effectively than Republicans, you would be absolutely correct. However, few people really understand the reason for it. So, I will repeat.
This core truism carries forward beyond electoral politics and into the realm of legislative battles and oversight conflicts. Republicans want money as their primary objective. If the Biden administration wants to get an ideological bill passed, the Democrats simply buy the votes of Republicans (especially Senators).
As an additional outcome, Republicans in congress have no core values, no core objectives, no goals to achieve. After all, their structural goal is money.
Give Republicans power and they don’t know what to do with it, because the voters essentially boosted the dog to catch the car… now what?
What you see in the outcome of elections is that Republicans do not have any plan for power, because it’s not the issue that takes up their intellectual time. That’s reserved for deep analytical thoughts about how to make money from (XXX).
The Democrats know this, they know the main mission of Republicans. Ergo, the Lawfare DOJ pats the Republicans on the head and waits for the frustrated voters to get sick of the GOP doing nothing again, and the Democrats simply wait them out.
We have been in this repetitious abuse cycle for about two decades.
Battered Conservative Syndrome is a very real thing.
There are an enormous amount of codependent enabling voters in this process. I call them Seagull Republicans because they are voters who will fly down and shit over anyone who complains about this reality – then they fly up to their high perches and look down their noses.
In case you missed it, the Seagull Republicans are currently aligned to support Harmeet Dhillon and Ron DeSantis.
One UniParty consisting of two wings, the RNC and the DNC. One bird, two wings.
The GOPe priority around money is the one constant on the right wing. But don’t worry, because the Seagulls are promising that Ron DeSantis will protect us from teh geys.
The Democrats may not back Biden for reelection in 2024. They do not particularly care that he is destroying the country, but his record-low approval rating is bad for the party at large. Over the weekend, Rep. Alexandria Ocasio-Cortez (AOC) all but admitted that the Democrats are not eager to support Biden running for a second term. AOC said the primary goal is to secure the majority at the moment.
“We’ll cross that bridge when we get to it,” AOC told a reporter at CNN, “But I think if the president has a vision, then that’s something we’re all certainly willing to entertain and examine when the time comes.” AOC, who backed Bernie over Biden during the last election, said she believes the president has been doing “a very good job so far.” Yet, she refused to give a definitive answer.
A recent New York Times article revealed that at least 50 party members are vocally frustrated with the current administration. “Midway through the 2022 primary season, many Democratic lawmakers and party officials are venting their frustrations with President Biden’s struggle to advance the bulk of his agenda, doubting his ability to rescue the party from a predicted midterm trouncing and increasingly viewing him as an anchor that should be cut loose in 2024,” the article noted.
The midterm elections will reveal whether the nation is beginning to lean to the right and likely will determine the possibility of the Democrats endorsing Biden in the next presidential election.
Today there are primary elections in Nevada, South Carolina, Maine, North Dakota and Texas’ 34th congressional district.
South Carolina, polls close at 7pm ET. Maine polls close at 8pm ET. Texas’ 34th CD polls close at 8pm ET. North Dakota, polls close at 8pm and 9pm ET. Nevada, polls close at 10pm ET.
Many people will be watching South Carolina to see if anti-MAGA Nancy Mace and Tom Rice will be removed by primary challenge.


June 14, 2022 | Sundance | 261 Comments
Earlier today, angry Joe was channeling his inner thug as he harkened back to the good old days when labor unions were cracking skulls on behalf of the communists and socialists. Giving the pretense of connection to the working class is a performance technique Biden has used throughout his career, but it holds absolutely no basis in reality.
Appearing at the AFL-CIO convention today, Biden began yelling at the brotherhood. In his mind anger, violence and conflict is what he believes organized labor is all about, so his performance is designed to convey that connection. It’s more than a little weird, it’s creepy. WATCH:
.

They might even hold hearings on it….

The United States government illegally intercepts the private electronic communication of every American including emails, text messages, phone calls and social media content postings and comments. The NSA unlawfully secures that library of data in order to maintain an electronic record uniquely identifying every American in a searchable database.
The government unlawfully allows the database to be searched for domestic threats as defined by the U.S. Dept of Homeland Security, the Dept of Justice and the FBI. By mutually beneficial arrangement, access portals to search the NSA/FBI database are included as workspaces inside the law offices of Perkins Coie, the legal firm representing the Democrat National Committee….

Additionally, do you really think the Republican wing of the DC apparatus want to be responsible to voters for dismantling the national surveillance state?
[…] “The FBI complies with the law and security policies and works with the Department of Justice to serve classified, Court-authorized legal process necessary to support national security investigations. In certain instances, the FBI coordinates with non-government, third-party entities, such as law firms, that represent service providers which receive these classified Court orders,” an FBI spokesperson told Fox News Digital in a statement.
“This includes providing access to private attorneys which represent the service providers in satisfaction of their legal rights. As part of this, the FBI ensures that any storage of classified orders meets stringent security protocols required for such documents.” (LINK)


Sure, let’s worry about the J6 protestors as a ‘threat to our democracy’, or something.

Sebastian gives his take on the Democrats’ “primetime” January 6th hearing, with special guests Julie Kelly, Boris Epshteyn, Jim Carafano, and Michael Knowles.
Tune in to America First with Sebastian Gorka, Weekdays 3PM-6PM EST.
Subscribe to the America First podcast on iTunes: https://podcasts.apple.com/us/podcast/america-first-with-sebastian-gorka-podcast/id1451874289
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
De Oppresso Liber
A group of Americans united by our commitment to Freedom, Constitutional Governance, and Civic Duty.
Share the truth at whatever cost.
De Oppresso Liber
Uncensored updates on world events, economics, the environment and medicine
De Oppresso Liber
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
Australia's Front Line | Since 2011
See what War is like and how it affects our Warriors
Nwo News, End Time, Deep State, World News, No Fake News
De Oppresso Liber
Politics | Talk | Opinion - Contact Info: stellasplace@wowway.com
Exposition and Encouragement
The Physician Wellness Movement and Illegitimate Authority: The Need for Revolt and Reconstruction
Real Estate Lending