Justice Jackson


Armstrong Economics Blog/Rule of Law Re-Posted Apr 9, 2022 by Martin Armstrong

QUESTION: So what do you think of the Supreme Court nominee?

DA

ANSWER: It is a joke. Biden ruled out everyone other than a black woman, which is in itself racist. This is all propaganda. In NYC, I have watched judges. A black judge will typically impose a harder sentence on someone who is black because they view that they have suffered prejudice because of them and the criminal can never claim racism. I saw a Jewish guy sentenced to an extra two years because the Jewish Judge went to the same school that he disgraced. I saw a black defendant who thought he would be treated fairly because he had an all-black jury. They found him guilty of everything because they do not like the young blacks shooting up their neighborhoods. I seriously doubt Justice Thomas would rule in favor of a black man simply because he was black.

To think that putting a black woman on the court will somehow support black women is just absurd. As I have stated before, just because a Republican president appoints a justice does NOT mean they will always rule in favor of Republicans. Justices do not always vote on Party Lines.

Roberts v Scalia

King v. Burwell upholding Obamacare was a political decision, not law, and it revealed the stark difference between Chief Justice Roberts, appointed by a Republican, and Justice Scalia, who was also appointed by a Republican.

It was Justice Scalia who spoke the truth. He wrote about Roberts’ decisions:

“… this Court’s two decisions on the Act will surely be remembered through the years. The somersaults of statutory interpretation they have performed (‘penalty’ means tax, ‘further [Medicaid] payments to the State’ means only incremental Medicaid payments to the State, ‘established by the State’ means not established by the State) will be cited by litigants endlessly, to the confusion of honest jurisprudence. And the cases will publish forever the discouraging truth that the Supreme Court of the United States favors some laws over others, and is prepared to do whatever it takes to uphold and assist its favorites.”

This is what Biden is shooting for. Not the rule of law, but twisting the Constitution to achieve his progressive agenda to turn the Constitution inside out. This is when we really need Will Smith to slap people in the face to wake up in Washington as they keep moving to destroy everything that made America great. There is now absolutely NO guarantee of how Justice Jackson will rule. I did find it disturbing for her to say she could not define “woman.” If we cannot define that, then can a guy go into the lady’s room and look at girls in there, claiming he identifies as a woman? Where does this ever end? What’s next? A pedophile can claim he identified as a child and was just playing doctor? There are basic norms that have always existed in society and I fear they are going out the window with the baby and the bathwater. I hope she does not rule with this inanity.

Interview: The Russia/Ukraine Story From Martin Armstrong


Armstrong Economics Blog/Armstrong in the Media Re-Posted Apr 9, 2022 by Martin Armstrong

Click here to watch Martin Armstrong’s latest interview with Patrick Timpone from One Radio.

The End of Ukraine – The Cyclical View


Armstrong Economics Blog/Ukraine Re-Posted Apr 8, 2022 by Martin Armstrong

QUESTION: Marty; Socrates is always amazing. I understand this forecast of war and Russia comes from the computer and you wish you were wrong. There is a video out there also saying the Bucha is a false flag even showing that people pretending to be dead in the streets with no blood and then when they think the camera passed they get up. It does seem that they are trying so hard to justify war and MSNBC is advocating America should invade Ukraine. Do you have any idea why these people just love war?

GC

ANSWER: I don’t know. It seems that these Neocons are just always trying to create wars. They can’t sleep at night without worrying about what other people are doing. My concern is that come January 2023; things will get much worse. Zelensky is a Neo-Nazi who just hates Russians and he is in bed with the Neocons and does NOTHING but try to create World War III. Zelensky has been bought and paid for and pushes the world into war so these people can implement all the tyrannical measures governments and the World Economic Forum have ever dreamed of. That’s what a real Young Global Leader of Schwab was trained to do. They will impose global digital IDs and claim that they are necessary to prevent Russian spies from infiltrating. They will also use them for rationing, especially with regard to food. They are calling for “equality” deliberately instigating race wars to keep the people divided. Then they use climate change as the excuse to impose a one-world government all because a single nation cannot win this fictional battle alone.

We are living in the midst of deliberate manufacturing of World War III, no different than every other war. Just as FDR imposed outrageous sanctions on Japan even seizing all Japanese assets and cutting off their energy supply all to compel them to attack Pearl Harbor to start the Pacific War and justify entering WWII. The US not only seized all Japanese assets in America, they then just imprisoned all Japanese even those born in America in a plain racist move. Their view of FDR was ruthless and there were even Congressional investigations into whether or not FDR deliberately created war with Japan finding it was “inconclusive” which neither exonerated him nor found him guilty. President Truman issued an executive order to withhold all evidence that the US had broken the Japanese code and as such knew in advance of Pearl Harbor. So once again, the government lied to the American people.

Then there was Lydon Johnson who started the Vietnam War, admitting we were never attacked. You can’t forget the weapons of mass destruction that never existed in Iraq or Obama’s attempt to start a war against Syria also on false flags of chemical attacks. Our leaders have NEVER told the American people the truth even just once about their constant desire to create wars.

Putin will most likely regroup and dig in taking the Donbas. Zelensky has no intention of peace talks for if he actually agreed to let Crimea and Donbas go complying with the Belgrade and Minsk Agreements, then there would be no reason for any sanctions against Russia which Washington will not support. This is a dog and pony show as always, and Zelensky will do everything possible to create World War III for they need to defeat Russia and China for the Great Reset.

I fear that this will get much worse in 2023, and sources in the military are deeply concerned over China’s supersonic missiles, which are a first-strike weapon that the US could not stop. If China and Russia were really seeking world dominance as the co-conspirators with the World Economic Forum, they would take out Washington, New York, London, Brussels, and Geneva in a rapid first strike before the West could even retaliate. These people want all sovereignty to be surrendered to the United Nations and thus the military power with all nukes will be in the hands of the United Nations and the deranged egotistical co-conspirators of Schwab and his World Economic Forum which is perhaps the greatest threat to human civilization. That’s why they needed a senile Joe Biden to just read the teleprompter.

Biden has destroyed the world economy, or the people writing these executive orders. There will NEVER be a return to normal. Removing Russia from SWIFT set China in motion to launch CHIPS and this is the END of globalization and world peace. Once nations are decoupled from trade, then there is no longer the worry of biting the hand that feeds them. This is simply how the co-conspirators of the World Economic Forum are planning to bring about their Great Reset. The only way to “reset” the world economy is to destroy it FIRST – then you get to BUILD BACK BETTER. These egotistical maniacs who think they can redesign the world as Karl Marx attempted, think they will terminate paper money, move to a digital currency, end black markets, and tax every transaction right down to an allowance you give your children to cut the grass each week.

However, I do not believe that they thought there would be a nuclear war. Imposing sanctions on Russia was all to create Regime Change no matter how much the handlers try to take back Biden’s declarations – “For God’s sake, this man cannot remain in power.” Biden has claimed we are headed into a long hard war “between democracy and autocracy, between liberty and repression, between a rules-based order and one governed by brute force.

Aside from the fact that neither the United States nor Europe lives in a Democracy when we only vote for “representatives,” which is a Republic, Biden proclaimed in Warsaw that “we must commit now to be in this fight for the long haul.” This is a major shift and it will only end implicitly by defeating Russia and China in their mind. This is the INTENTIONAL creation of World War III no different than FDR crushing Japan with sanctions to force them into war.

It is clear that the sanctions have only one purpose – Regime Change in Moscow. Not only has Biden constantly called Putin a war criminal and moved to try to initiate proceedings to prosecute Russian perpetrators of war crimes in Ukraine, but he has closed the door if not slammed it shut ending any possible resolution or restoring communications on a respectful basis. There is no question that the US and Europe are aiming to get rid of Putin and then Xi. Governments are failing unable to issue bonds continually, and they need this New World Order to shift the burden to the United Nations to govern the world.

Putin is NOT Stalin for Stalin would have used hypersonic nukes by now. Putin is NOT on their agenda but he now understands where this is all headed. The outrageous sanction Biden imposed on Putin right down to his children is uncivilized and intentionally directed at creating Regime Change. There are Neocons in Russia and China and they are screaming for war. Remove Putin and you will get the followers of Stalin seeking to even the score.

Even Hillary Clinton compares Ukraine to Afghanistan and believes they can defeat Russia by a combination of attrition in Ukraine and sanctions on the Russian people – not just the government. Hillary and the Neocons believed a political crisis in Moscow is possible, comparable to the one that dissolved the Soviet Union. However, they fail to comprehend that the abuse of always attacking Russians and their culture has turned the Russian population not against Putin, but the West. While we do not judge all Germans to be Hitler, or Italians to be supporters of Mussolini, when it comes to Russians, the West hates them as a people and attributes Stalin to all Russians who were never even Russians and his #1 was Polish. They seized Russia and turned it authoritarian against the dreams of Lenin.

Putin is not some Middle Eastern despot who they could topple, promoting the Iraq War and the Arab Spring. Russia has been assaulted on an individual level, and Russia does possess weapons of mass destruction. They have the largest arsenal of nuclear warheads in the world. No doubt, they too have chemical and biological weapons just like the Americans.

Those who proclaim that Ukraine must win seem to forget that the worse things go for Russia in conventional warfare, the higher the probability rises that Putin will respond with serious weapons. Ukraine may not have been inside NATO, but NATO trained the Ukrainian army. Putin now understands that and has suffered serious losses due to the weapons that were handed to Ukraine against the Belgrade Agreement of Neutrality.

China’s supersonic missiles can take out the United States faster than it can respond. The Belgrade Agreement of 1991 was supposed to ensure that Ukraine would remain neutral. The 2014 Minsk Agreement was supposed to allow the Donbas to separate as its own independent republic. It has been Zalensky who has sought to overturn both – not Putin.

Zelensky promised to reduce the tensions with Russia, for even CNN said back in 2019 that “Ukraine has been locked in a proxy war with Russia for five years, and the conflict has claimed around 13,000 lives in the country’s east.” Of course, now nobody will report the truth that the United States has been fueling this civil war in Ukraine all to stab Russia in the gut – the hated enemies of the Neocons who see all Russians as Stalin.

Interestingly, the Kremlin was hopeful that Zelensky would end the proxy war of the United States against Russia. His predecessor, Poroshenko, was seen as pro-war. In fact, CNN also reported that Russia was optimistic. They wrote:

“There are chances to improve Ukraine’s interaction with our country,” Russian Prime Minister Dmitry Medvedev said on Facebook. “What is needed for this? Honesty. And we need a pragmatic and responsible approach.

CNN further reported that Maria Zakharova, the spokesperson for the Russian Ministry of Foreign Affairs, had suggested Kyiv could actually change the direction of the country. CNN quoted her saying“With all the understanding of how the world works behind the scenes, I’ll still say: Ukraine can go for a reset.”

CNN also reported that the polls were very high at that time for anti-Russian sentiment in Ukraine.

It has been no secret that Ukraine is one of the top 10 most corrupt governments in history. Since 2017, the International Monetary Fund (IMF) has been demanding reforms, which have never really been implemented.  Just here in 2022, Zelensky has said that the IMF should now take into account the war and release money. Zelensky keeps asking for money from everyone he sees and there are deep concerns that the money people are sending to Ukraine to help the Ukrainian people never helps anyone other than corrupt politicians.

If anyone wants to donate money to Ukraine, ONLY send it to the International Federation of Red Cross and Red Crescent Societies (IFRC). Even I am getting texts from Ukrainian politicians asking me personally to send money, meaning they have my phone number.

As the Tribune Reported: The IMF had agreed to a $5 billion standby arrangement with Kyiv a year ago. $2.1 billion of that was disbursed quickly, but subsequent tranches have been withheld. The IMF is demanding progress on judicial and legal reforms, guarantees of central bank independence, and an end to heavily-subsidized energy prices. Other lenders, including the European Union, have also made new credits contingent on reforms. The United States has also criticized the pace of reforms. Ukraine is just hopelessly corrupt, and changing the head of state will NEVER clean house.

Zelensky believed that goal here of the US and its allies is to overthrow Putin. In his mind, Zelensky tried to attack targets inside Russia hoping that would force Russia to be more aggressive, and in turn that would bring in NATO. Zelensky has been doing everything he can to avoid peace and escalate the conflict. Those that think this will force Putin to resign are flirting with real danger. Putin is the most RESTRAINED of the top guys in power in Russia and removing Putin will guarantee World War III for the others clearly understand this is really a “TOTAL WAR” with the United States as the Russian Foreign Minister Sergey Lavrov has stated and the Ukrainians are just cannon fodder.

Zelensky is happy to sacrifice his own people for the agenda of the World Economic Forum. He has even supported attacking the Russian language but also Zelensky has been proposing the draft Law of Ukraine No. 7204 of March 22, 2022 “On Banning the Moscow Patriarchate on the Territory of Ukraine”, published on the VR website. Zelensky is doing everything he can to create war with Russia. Zelensky has supported the Ukrainian Nazis who have even bragged that they feed the bones of Russian-speaking children to their pet wolves and has called this guy a hero.

Then there are those who merely dismiss the risk of World War III preferring to overlook this stark reality that this is a Neocon war against Russia that will then turn against China backed by the World Economic Forum. They seem to think that threatening China with the same sanctions will prevent them from joining Putin. They are counting on China being stupid and assuming they will continue as normal if Russia falls. They know they will be next.

Back during the Cold War days, NATO surmised that it could not even hope to win a conventional war with the Soviet Union. That was why NATO relied on tactical nuclear weapons as a deterrent to prevent Russia from marching into Western Europe. Putin knows that today there is no chance of winning a conventional war with NATO and it too relies on nuclear weapons. Putin was NOT interested in conquering Ukraine. His mistake was being soft and his historical view that Kyiv was the mother country. The hardliners view that Putin has been soft and should have aggressively wiped out the Ukrainians. The danger will be any Regime Change in Russia and that may just wipe out the plans of the Neocons in league with Schwab.

The Kremlin has already made the argument that such an attack upon Russia is underway and this was deliberately using the civil war in Ukraine to compel Putin to defend the Donbas when he knew it was funded by the United States as always with their Proxy wars. The Russian foreign ministry has made it very clear: “Such statements from the American president, unworthy of a statesman of such high rank, put Russian-American relations on the verge of rupture.” Biden is clearly engaging in the typical Neocon rhetoric of DEMONIZING your opponent.

The Kremlin has described the comments as “personal insults” against Putin. Indeed, Russian Foreign Minister Sergey Lavrov took aim at the sanctions the United States and other countries have imposed on Moscow for its invasion of Ukraine, saying he believes that the West has declared “total war” on Russia and he is correct. Nikolai Patrushev, secretary of Russia’s Security Council, stated on Feb. 21, that “in its doctrinal documents, the United States calls Russia an enemy” and its goal is “none other than the collapse of the Russian Federation.” On March 16, Putin stated that the West was waging “a war by economic, political, and informational means” of “a comprehensive and blatant nature.

Russia will regroup and move to defend the Donbas which was the original goal, and Zelensky has acknowledged that he will not try to invade Donbas thereby leaving Biden’s sanctions never-ending and thus destroying the world economy. Zelensky refuses to relinquish the Donbas or Crimea, and by doing this, he will prolong the sanctions against Russia and hope Russia just collapses while using his own people as cannon fodder. But our models point to January and April of 2023, and it appears that there will be a resurgence of war in 2023. We will be doing a special report on this, for it does not look to be a bright future beyond 2022. The US Neocons indeed declared outright war on Russia and they understand that Ukraine is just cannon fodder for sport.

It is up to Ukrainians to Save the World by removing Zelensky from Power and simply releasing the Donbas & Crimea. Only that will stop the Neocons from this global assault on all our lives.

Worsening Food Price Increases Gain Global Attention – UN Food and Agriculture Organization Tracks Highest Prices Ever Recorded


Posted originally on the conservative tree house on April 8, 2022 | Sundance

The UN Food and Agriculture Organization reported on Friday they are recording the highest Food Price Index since they started recording thirty years ago. With record highs in prices for cereals, vegetable oils, dairy and meats

This issue has been a slow burning fuse toward the biggest powder keg in modern history, and it is about to get very serious.  We have been warning about it since last fall {Go Deep}.  In the most deliberate and painstaking ways possible, we have been urging everyone to take this issue seriously.

The background cause is complex and started with the 2020 government response to the pandemic.  U.S. and international government intervention in the food supply process has been FUBAR from the beginning. Every action taken since early 2020 has been one bad policy after another; building failure upon failure, crisis upon crisis, bad decision upon bad decision, bringing us to a precipice summed up by saying “the absence of food will change things.”

Some will say the food prices we are about to experience –and the crisis it will create– was deliberate.  Others will say this was the cumulative outcome of major failures on the part of the government.  At this point the former makes more sense, and the latter looks like a justification and excuse, because if government entities were really serious about food prices and shortages, they would be taking pragmatic steps to mitigate the problem; they are not.

There are simple things government could do, such as helping farmers offset targeted fertilizer costs, providing relief for diesel fuel and energy costs, and taking other simple steps that would help the agricultural industry.

Instead of responding with the urgency this would demand, the collective government action has been to ignore the problem (talk soundbites), and give speeches about using subsidies to offset the end result (consumers) – without ever addressing the root cause.  All this while fueling conflict in Ukraine and chasing radical energy policies under the guise of global climate change.

The UN Food and Agriculture Organization (UNFAO) keeps track of food prices and projections using a global index [SEE HERE].  What they are calculating, and what they are projecting based on the current calculations, is a major increase in food prices combined with a major increase in food scarcity due to the unaffordability of food products.

The baseline of 100 is the monthly rate of change for a basket of food products using the period from 2014 to 2016.

The current rate of change is indexing at 159.3, meaning the monthly increases in price are almost 60% higher than the base period.  Trying to chart this rate of index is almost impossible, as it seems literally exponential. (red line in graphic)

In 2020, the monthly rate of change increased to an index of around 110.  In 2021, the monthly rate of increase went from 110 to around 135.  In the first three months of 2022, the index has jumped from 135 to almost 160 (in three months), and there is no end in sight.

The FAO Food Price Index* (FFPI) averaged 159.3 points in March 2022, up 17.9 points (12.6 percent) from February, making a giant leap to a new highest level since its inception in 1990. The latest increase reflects new all-time highs for vegetable oils, cereals and meat sub-indices, while those of sugar and dairy products also rose significantly.

The FAO Cereal Price Index averaged 170.1 points in March, up 24.9 points (17.1 percent) from February, marking its highest level on record since 1990. This month’s increase reflected a surge in world prices of wheat and coarse grains, largely driven by conflict-related export disruptions from Ukraine and, to a lesser extent, the Russian Federation. The expected loss of exports from the Black Sea region exacerbated the already tight global availability of wheat. With concerns over crop conditions in the United States of America (USA) also adding support, world wheat prices rose sharply in March, soaring by 19.7 percent.

The FAO Vegetable Oil Price Index averaged 248.6 points in March, up 46.9 points (23.2 percent) from February and hitting a new record high. The sharp rise of the index was driven by higher sunflower, palm, soy and rapeseed oil prices.

The FAO Dairy Price Index averaged 145.2 points in March, up 3.7 points (2.6 percent) from February, marking the seventh consecutive monthly increase and lifting the index 27.7 points (23.6 percent) above its value a year ago. The upward trend of dairy product prices persisted, mainly supported by the tightening of global markets due to inadequate milk output in Western Europe and Oceania to meet global demand. Quotations for butter and milk powders rose steeply.

The FAO Meat Price Index* averaged 120.0 points in March, up 5.5 points (4.8 percent) from February, also reaching an all-time high. In March, pig meat prices registered the steepest monthly increase on record since 1995.

The FAO Sugar Price Index averaged 117.9 points in March, up 7.4 points (6.7 percent) from February, reversing most of the previous three months’ decline and reaching levels more than 20 percent above those registered in the corresponding month last year. [DETAILS]

In the United States and North America as a whole we are blessed and fortunate.  We have abundant, healthy and fertile land that allows us to grow more food than we consume.  We are a net exporter of food products.  However, while we do not have to worry about shortages at the scale of other nations, there will be scarcity.

Additionally, the price increases will hit the U.S. consumer at a lesser, yet still big time significant, scale.  The issue in the U.S. will be food insecurity due to massive increases in price.   The middle class will spend more of their earnings and wages on food, and people will literally make changes to their food purchases based on these massive increases in price.

In food dependent nations, the scale of the issue will be far greater.  In part, this is the reason the southern border crisis will be much more severe this year.  We will see an influx of migration due to food availability and unaffordability issues, that is certain; however, that issue is also incidental to the massive influx that is going to happen as a result of the Biden open-border policy.

In the strongly food dependent nations, the food price and scarcity issue has already triggered panic.

We are several generations separated from any time in history where people have worried about the United States having abundant affordable food.  Arguably, those under 40 to 45-years of age do not have any reference to the type of food scarcity and food inflation that is coming.

As we have mentioned for quite some time, “the absence of food will change things.”

We are in an abusive relationship with government leaders.

Canada Bans Foreign Home Buyers for Two Years


Posted originally on the conservative tree house on April 8, 2022 | Sundance 

In Chapter 1, sub-section 1.4 of the 2022 Canadian budget, there is a rather remarkable new rule that bans foreign ownership and investment in housing for a period of two years.  [LINK HERE]

To make sure that housing is owned by Canadians instead of foreign investors, Budget 2022 announces the government’s intention to propose restrictions that would prohibit foreign commercial enterprises and people who are not Canadian citizens or permanent residents from acquiring non- recreational, residential property in Canada for a period of two years.”

Two points about this issue.  First, can you imagine the media outcry if a conservative prime minister would ever make such a proposal?  Quite a leftist change from the previous mantra “diversity is our strength”?

Second, considering the issue of foreign investment that creates housing, there is a likelihood this could backfire.  The new position of Canada will certainly put more upward pressure on the U.S. housing market.  Every action tends to have an equal and opposite reaction.  It will be interesting to follow this and see where it leads.

OTTAWA, Ontario (AP) — Prime Minister Justin Trudeau’s government announced Thursday it will ban foreign investors from buying homes in Canada for two years in a bid to cool off a hot housing market.

Finance Minister Chrystia Freeland took a number of measures to tamp down speculation and demand amid record home prices in announcing the federal budget for the year.

The government announced a two-year ban on foreign home buying as well as higher taxes for people who sell their home within a year, though both measures include multiple exceptions including for permanent residents and foreign students. (read more)

Imagine the apoplexy if Donald Trump made such a nationalistic move.

As with most things leftist, European, political and currently Canadian, the ideologues are all about advancing globalism until some consequence reaches their doorstep.  Then suddenly changes need to be made and protectionist programs like this new 2022 housing rule are triggered.   Can you think of something more economically nationalist than this rule?

Alas, we beat the dead equine.  In order for entrenched left-wing ideologues to continue advancing their insane ideology, they must pretend not to know things.

War Against Conservatives


Armstrong Economics Blog/Press Re-Posted Jan 10, 2021 by Martin Armstrong

People are leaving Facebook, Instagram, Twitter, and were moving to Parlar. Google and Apple removed the Parlar APP and then Amazon kicked then off of AWS. This is a complete purge going on of all conservatives. We are in the midst of nothing short of a real live Russian version of a revolution. Cheer up – you get to see what it was like to live history in a major confrontation between left and right. But make no mistake about it, the super-rich remains in power just behind the curtain. They own the press and social media while they use the virus to prevent people from gathering or organizing. It is their way or no way. Their motto: Resistance is Futile!

The SciFi Verison of Communism

Red Hot Rentals


Armstrong Economics Blog/Real Estate Re-Posted Apr 8, 2022 by Martin Armstrong

Rentals are soaring across the US to unsustainable levels. Gone are the days when people stuck to the tradition of spending less than one week of income on housing. According to a Rent.com report, the national average for one-bedroom apartments is up 24.4% over the past year to $1,684, and two-bedroom units are up 21.8% to $1,997. The data was compiled in February and released this March.

Those interested in living in a more desirable area should expect to pay significantly more. The following cities experienced the sharpest annual increases in one-bedroom units:

The increase in two-bedroom units over the past year:

This does not factor in the rising price of utilities due to the energy crisis or the rising cost of simply putting food on the table. Inflation within the rental market became an issue in 2020 and is continually rising. People are paying so much of their income to landlords that the American dream of homeownership is outlandish to many hardworking people.

Canada Bans Foreigners from Real Estate Market but Misses Loopholes


Armstrong Economics Blog/Real Estate Re-Posted Apr 8, 2022 by Martin Armstrong

Finance Minister Chrystia Freeland announced on Thursday that most foreigners would be barred from purchasing real estate in Canada for the next two years in an effort to combat the housing crisis. Home prices in Canada have risen over 50% since 2020 as demand steadily increases and available inventory diminishes.

The Bank of Canada announced a record jump in housing costs this past February, with the benchmark price across the provinces reaching C$869,300. For years foreigners have seen Canada’s rising real estate market as a safe haven to park money. Chinese investors found it particularly lucrative when converting the yuan to CAD. The Trudeau Administration previously placed a 1% tax on vacant foreign-owned land, and as I warned, any tax in place will remain in place and likely rise. Vacancies are an issue, but they are not the lone culprit for this trend.

“I don’t think prices are going to fall as a result, though I do think it takes away at least some of the competition in what is the most competitive market in Canadian housing history,” Simeon Papailias, founder of real estate investment firm REC Canada. “I don’t think a two-year band-aid is going to have an impact on what’s a fundamental lack of supply.” This is the general consensus in Canada as people simply want affordable housing, and believe these measures will have a positive impact on prices. There is a good chance this ban will last beyond the two-year period as lawmakers remain misled on what is driving the real estate markets.

A few convenient loopholes make this law an empty gesture to appease those blaming foreigners for real estate inflation. The ban does not prohibit purchasing through corporations, so Vanguard and BlackRock can continue profiting while individuals face the burden of this new law — but only certain individuals without the money to bypass the system. Permanent residents, foreign workers, and students will be excluded from the law. Foreigners who plan to buy their primary residence in Canada are not prohibited from purchasing property. So Canada is not aiming to eliminate all foreign real estate investments; the government simply wants it to appear that they are working to lower real estate costs when this measure will do no such thing.

There It Is, The Canadian 2022 Budget Authorizes a Central Bank Digital Currency


Posted originally on the conservative tree house on April 7, 2022 | Sundance 

CTH noted earlier, in the aftermath of the COVID-19 control mechanisms, things were being done legislatively to follow a ‘new world order’ for western democracies {Go Deep}.  One of the nations we noted following this new direction, was Canada.  Today, a review of the proposed Canadian 2022 budget finds something to align with the new version of democracy – the establishment of funding to create a central bank digital currency.

That should not necessarily come as a surprise.  After all, despite a massive amount of denial from the Canadian Finance Minister and Canadian Prime Minister toward the context of CTH research {Go DEEP}, the direct evidence we were looking for is now discovered.

Buried deep, very deep, in Chapter 9.2 of the Canadian Budget you will find this:  …”In the last several months, for example, there have been a number of high-profile examples—both around the world and here in Canada—where digital assets and cryptocurrencies have been used to avoid global sanctions and fund illegal activities.”

(Chapter 9.2) […] Budget 2022 includes measures that will help maintain the integrity of the financial system, promote fair competition, and protect both the finances of Canadians and our national security.

  • Budget 2022 announces the government’s intention to launch a financial sector legislative review focused on the digitalization of money and maintaining financial sector stability and security. The first phase of the review will be directed at digital currencies, including cryptocurrencies and stablecoins.
  • Budget 2022 also proposes $17.7 million over five years, starting in 2022-23, to the Department of Finance to lead the review.

The review will examine, among other factors: how to adapt the financial sector regulatory framework and toolbox to manage new digitalization risks; how to maintain the security and stability of the financial system in light of these evolving business models and technological capabilities; and the potential need for a central bank digital currency in Canada. (LINK)

Huh. Imagine that.  What was called a “conspiracy theory” just a few weeks/days ago, is now the expressed intent of the same government who denied it was ever being considered.

(Source link – Chapter 9, sub section 9.2)

You may remember when Chrystia Freeland and Justin Trudeau triggered their use of the Emergency Act to confiscate the bank accounts and financial assets of protest groups.  Trudeau and Freeland essentially broke the financial code of Omerta, by highlighting how easy it is for government to seize your bank accounts, credit cards, retirement accounts, insurance, mortgages, loan access and cut you off from money (without due process).

However, when Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland announced they would use the Emergency Act declaration to target the financial support systems, banks and accounts of the people who were protesting against COVID mandates, they not only undermined the integrity of the Canadian banking system – they also inadvertently stuck a wrench into the plans of the World Economic Forum and the collaborative use of the Canadian Bankers Association to create a digital id.  WATCH:

If the Canadian government can arbitrarily block citizen access to their banking institution without any due process, what does that say about the system the Canadian Banking Association (CBA) was putting into place as part of their Digital ID network?

If the CBA digital identity were in place during the trucker protest and the deployment of the Emergency Act, the same people targeted by Trudeau’s use of the Act could have their entire identity blocked by the same government measures.  The realization of the issue, reflected by a severe undermining of faith in the banking system, surfaces as a dramatic problem for those working to create and promote the Digital ID.

It is not coincidental the financial targeting mechanism deployed by Trudeau/Freeland, the Canadian banking system, was/is the same mechanism being used to create the digital identity, which is now the same mechanism they are budgeting to begin establishing the Canadian digital currency.

♦ It is all one continuum.

Using the COVID-19 pandemic, they created a specific vaccine mandate.  Using the vaccine mandate, they created a vaccine passport.  The vaccination passport and registration process tracked/monitored human behavior.  In actual substance, the vaccine passport can be looked at as the beta test for a larger mission of a comprehensive digital identity and/or social credit tracking system.  Most Canadian’s complied, willingly.

Now, it is a simple process to shift into a digital identity, as noted above by the Canadian Banking Association, and presto – the government has just created the foundational infrastructure for the digital currency.

The 2022 Canadian budget provides the funding to create the digital currency mechanisms.

Once the mechanisms are in place, then it becomes a simple process to control how the digital currency is spent.

That car is not environmentally friendly, transaction denied.

You’ve exceeded your allotment of beef this month, transaction denied.

Or perhaps…

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Living in the Past – Stalin v Lenin


Armstrong Economics Blog/Russia Re-Posted Apr 7, 2022 by Martin Armstrong

COMMENT: Hi,
I live in Finland/Helsinki. The Soviet Union attacked Finland in 1939, Stalin was one who arranged a false flag in Manila. A lot of Finnish soldiers and civilians died. But we survived. We Finnish people know Russians extremely well. It is a historical fact that Russians always arrange false flags and try to slave other nations and people. And that is happening just now in Ukraine. Putin attacked Ukraine and he is trying to slave Ukraine.
Best Regards from Finland

JT

REPLY: It is important to not judge a country by its leaders. There are always left and right in every country and no country enjoys 100% approval of its people. Just look at the United States. There are ONLY three presidents who won with 60% or more, FDR 1st term, Johnson following Kennedy’s assassination, and Richard Nixon who promised to end Vietnam. All others won with just a few points over 50%. In the 2008 Election of Obama v McCain score his victory with just 52.9%. Even Lenin warned not to put Stalin in charge.

It is wrong to judge Russia by Stalin and today the powers that be just hate the Russian people and attribute everything to Putin. It is essential to also understand that there is a left and a right in Russia that still prevails today and Putin is a moderate that if ignored by the West, will drive Russia into the hands of the extreme right.

We MUST understand history for there has always been a question of where Russia begins and ends and who constitutes the Russian people. These questions have been debated by Russian thinkers themselves for centuries post-Russian Revolution which ended more than 300 years of tsarist rule. Believe it or not, Putin is NOT trying to resurrect the Soviet Union for that was not even the vision of Lenin – but Stalin.


At first, Lenin was revered as the architect of the new Russia. He was the elder statesman of the Bolshevik revolution. Stalin, on the other hand, was what we would call a Neocon. He was the ambitious party leader with visions of absolute authoritarian control. The two clashed not only over their political vision for Russia but also on a very personal level hurling insults steeped in grudges. It was this battle that actually proved to be too much for Lenin resulting in his premature death.

The conflict between these two Russian leaders reached a climax in the last days of December 1922. This is when 2,000 delegates from all over the former Russian empire gathered together in Moscow to create a new state which would become the Union of Soviet Socialist Republics. The vision of this new state was starkly different between the two men. There were republics of Ukraine, Belarus, and Transcaucasia, which were formally independent of Russia. When Georgy Chicherin, the Soviet Russian commissar for foreign relations, signed the treaty with Germany where each surrendered their claims against the other for war reparations in July 1918, there was a problem of unity. Ukraine and Belarus were independent before 1919 but were then overrun by the Bolsheviks in 1919. They had objected to forgiving Germany.

Ukraine and Belarus took the position that the Russian authorities had no right to speak on behalf of Ukrainian and Belarus. In Georgia, there too they objected insisting that their rights as the members of an independent republic were violated. This is was ultimately set in motion the birth of the final version of the Soviet Union.

It was in August of 1922 when Joseph Stalin created a special commission to recommend a new political model of relations between the communist Party’s Central Committee, Russia and the republics. Stalin’s proposal was called the “autonomization of the republics” whereby the formally independent republics would be incorporated into the Russian Soviet Federation with rights of autonomy. However, the Russian Federation would become the central authority subordinating the formally independent republics. This resulted in a rebellion with the Georgians led the revolt against Stalin’s model. They were joined by the Ukrainians and Belarusians.

This conflict between Lenin’s vision of a union more akin to the United States model and Lenin’s vision of absolute central power resulted in the heated conversation with Feliks Dzerzhinsky, who was the head of the secret police and a supporter of Stalin. Stalin and many of his supporters, such as Ordzhonikidze and Dzerzhinsky, were actually non-Russians. Stalin was Georgian and Dzerzhinsky was actiually Polish. Interestingly, Felix Dzerzhinsky was remembered in St Petersburg on a Commemorative plaque dedicated him.

But the stroke prevented him from taking any decisive steps against them. Two days later, a commission of party officials, led by Stalin, placed strict limitations on Lenin’s activities, effectively isolating him. They said the restrictions were designed to prevent the worsening of Lenin’s health. But they also served a political purpose.

Lenin could not attend the congress and he certainly did not trust Stalin. Consequently, the paralyzed Lenin dictated his famous thoughts on the nationality question in a document he sent to the party leadership. It was a letter titled “On the Question of Nationalities or ‘Autonomization.’” On December 31st, 1922, he attacked Stalin’s policies criticizing the rights provided to the republics by the Union treaty, deeming them inadequate to stop the rise of Great Russian nationalism. Lenin called this threat as “great-power chauvinism.” To Lenin saw these people as non-Russians who he did not trust and feared for the future of the Russian people.

In Lenin believed that Stalin, who was not Russia, posed a major threat to Russia. He viewed Stalin’s dream of the USSR as a threat to the unity of state which he was correct. Lenin’s idea of a union of independent states would be sustained by local autonomy taking into account their local customes. Lenin was prepared to replace the Union he had originally proposed with a looser association of states with the centralized powers to be confined to matters of defense and international relations exclusively. Lenin also maintained that the republics should retain the right of secession to prevent Stalin’s central dominance of authority.

I highly recommend watching the movie Mr. Jones. While this will NOT show the battle between Lenin and Stalin, it will show the ruthlessness of Stalin that Lenin feared. But Stalin was NOT a Russian, but he has tarnish the reputation of all Russians ever since. It is ironic that Stalin was a Georgian, which is in the Caucuses bordering Turkey where they hate Russians for the very oppression of Stalin.

So, as you can see, this is a very complex subject. Putin is not a follower of Stalin wheras other behind him are. So we should be very care what we wish for when it comes to Regime Change. Just maybe they know this as well and want Regime Change to ensure war. Very interesting indeed. We should NOT judge Putin by Stalin or all Russians for that matter. That is the propaganda of the Neocons who are still fighting against Stalin.