Tag Archives: Inflation

Apr 21 2023

About The New “Affordable Housing” Fees on Mortgages that Punish High Credit Borrowers


Posted originally on the CTH on April 20, 2023 | Sundance 

Stop looking at the Washington DC Potemkin village; start looking at the financial system behind it that controls it.

You may recently have seen this story:

WASHINGTON DC – Homebuyers with good credit scores will soon encounter a costly surprise: a new federal rule forcing them to pay higher mortgage rates and fees to subsidize people with riskier credit ratings who are also in the market to buy houses.

The fee changes will go into effect May 1 as part of the Federal Housing Finance Agency’s push for affordable housing, and they will affect mortgages originating at private banks across the country. The federally backed home mortgage companies Fannie Mae and Freddie Mac will enact the loan-level price adjustments, or LLPAs.

Mortgage industry specialists say homebuyers with credit scores of 680 or higher will pay, for example, about $40 per month more on a home loan of $400,000. Homebuyers who make down payments of 15% to 20% will get socked with the largest fees. (read more)

If you focus on the DC Potemkin Village, you view this move through the prism of Biden’s FHFA creating a policy to favor low-income (nonwhite) voters by punishing stable credit worthy borrowers.  That’s what the powers who control the levers, and create policy, want us to focus on.  That’s not what is going on.

Biden doesn’t control anything.  Biden is a puppet to the multinationals that control DC policy.  When Biden was installed, the people who control the money and wealth (Blackrock, WEF assembly etc.), the people behind the Potemkin Village, knew what the larger economic agenda would create.

{GO DEEP}. 

They knew BBB, or Green New Deal policy, combined with excessive govt spending would generate inflation.  They moved their money from inflation sensitive liquid and paper assets, into real estate.  Inflation raged, liquid assets depreciated, real assets (real estate) surged.   25% of housing was bought with investment dollars by institutional investors, housing prices skyrocketed – their investments increased accordingly.

The financial control operators avoided the consequences of the government policy they controlled.

Now, those same institutions need to turn those appreciated real estate assets into capital outcomes.  They need to sell the real estate.  However, the assets are now at maximum appreciation and dropping as a result of the central banking moves to raise borrowing rates.

How do they exit the investment?  They need a mechanism – a new policy to create the financial instrument that transfers the increased investment wealth back into their hands.

They need buyers.

How do they get buyers?  They create new policy.

That’s what is behind this new FHFA rule.  Fannie Mae and Freddie Mac will create a new category of buyers that allows the investors to sell the real estate assets at higher appreciated values and exit their investment.  They will transfer the depreciating loss of the asset to the new buyers, like a game of hot potato.

Learn to look behind the Potemkin Village to the institutional financial operators who control the laws, rules and regulations.  This is all a continual game of wealth transfer and redistribution.  There are trillions at stake.

Look at who moves the money around and how they position govt policy for the shifts into and out of the financial system they control.   All of this is being controlled, and Joe Biden has no idea what is happening beyond the talking points that are put in front of him.

Apr 21 2023

March Housing Sales Drop 2.4%, Year Over Year Decline of 22% From March 2022


Posted originally on the CTH on April 20, 2023 | Sundance

As higher interest rates continue to put pressure on borrowers, the ability of the average person to afford a mortgage diminishes.  Higher mortgage rates lead to downward pressure on residential home values as fewer borrowers can afford higher payments.  Simultaneously, commercial real estate is dropping in value as vacancies continue increasing.

Put both of these issues together and already tenuous banks holding mortgage bonds as assets can become more unstable.

This dynamic creates the continual tremors in the background of an economy already suffering from high inflation and low consumer purchasing of durable goods.

A perfect storm starts to realize.

(Wall Street Journal) U.S. existing-home sales decreased 2.4% in March from the prior month to a seasonally adjusted annual rate of 4.44 million, the National Association of Realtors said Thursday. March sales fell 22% from a year earlier.

March marked the 13th time in the previous 14 months that sales have slowed. The housing market had a surprisingly strong February, when sales rose a revised 13.75% from the previous month. But after mortgage rates ticked higher, March sales resumed the extended period of declines.

The housing market’s slowdown is now starting to weigh on prices, which have fallen on an annual basis for two consecutive months for the first time in 11 years. The national median existing-home price decline of 0.9% in March from a year earlier to $375,700 was the biggest year-over-year price drop since January 2012, NAR said.

Median prices, which aren’t seasonally adjusted, were down 9.2% from a record $413,800 in June. Home prices in the western half of the U.S. experienced some of the biggest gains for many years but are now falling the fastest.

[…] Housing starts, a measure of U.S. home-building, fell 0.8% in March from February, the Commerce Department said this week. Residential permits, which can be a bellwether for future home construction, dropped 8.8%.

The housing market slowdown shows one of the main ways that the Fed’s aggressive interest-rate increases are rippling through the economy. Housing is one of the most rate-sensitive economic sectors, and high housing costs have been a big contributor to inflation. (read more)

Before looking at today’s graph showing median existing home values, remember me saying this in 2021?:

“I said in June, at a macro level home prices had reached their peak (last two weeks of May, first two weeks of June was apex).  Obviously, there are some geographic home value increases still happening as COVID related regional issues and work opportunities are shifting populations.  There is also a lag and ripple effect that takes time to work through the economy.  The macro-apex will not be visible until next year.”

When I said that in 2021, people said I was wrong.   Well, with hindsight now visible within the data as it is reflected, look at the result:

May and June 2021 was the peak of year-over-year percent of change in median home value increases.

So, what was going on?

As CTH outlined in 2022:  If you look closely at the timing (keep in mind the data reporting lag) what you will notice is that financial institutions began a big surge in purchasing hard assets, specifically real estate, as soon as Joe Biden took office (Jan ’21), and the economic policy became evident.   Intangible financial instruments became an immediate risk as the professional financial control groups recognized energy policy would drive inflation (supply side) and devalued money would fuel it (demand side).

As an offset to predictable inflationary policy (the insiders’ game), institutional money (Blackrock, Vanguard etc) was moved into hard assets with tangible value.

This shift in asset allocation, institutional sales, helped fuel a false surge in home prices and their valuations.  CTH was writing about this in 2021, and sounding alarms as it took place.  25% of all real estate purchases were being made by institutional investors.

We The People got screwed. 

The dynamic was predictable.  The Biden administration economic policy, energy policy and monetary policy, was going to cause massive inflation.  CTH was shouting about it in early 2021 and warning everyone to prepare for waves of price increases that would naturally surface first on high-turn consumable goods, and then embed into longer-term durable goods.

Despite claims to the contrary, this 2021 inflationary explosion had nothing to do with the pandemic or supply chain shortages.  It is entirely self-created by western governmental policy; the collective ‘Build Back Better’ agenda.  You can see now from the background moves within the financial sectors, they too knew the reality and their money shifts reflected that despite their ‘transitory’ pretending they were mitigating their own exposure.

We the People were yet again going to be victims of specifically intended monetary, regulatory, energy and economic policy.

The investment class rulers of the WEF assembly shifted assets to avoid the pain that we would feel.   We “would own nothing and be happy,” and their shifts would position them to own everything and be in control.

Overall govt spending and regulatory controls drove inflation for these past two years.  The ‘demand side’ was blamed, despite the lack of demand. I will be proven right when history is concluded with this.  Interest rates were raised by central banks in an effort to support the policies that are driving ‘supply side’ inflation, not demand side.

Energy policy was/is crushing the consumer by driving up the cost of all goods and services.  To support the overall goal of changing global energy resource and development (a false and controlled global operation), central banks raised interest rates.  Various western economies, including our own, have been pushed deeper into a state of contraction by central banks crushing consumer demand, and eliminating investment via increased borrowing costs.

In short, the goal was/is to lower energy consumption by shrinking the economic activity.  This, according to the BBB plan, was needed at the same time as energy development was reduced.  These economic outcomes are not organic, they are all being controlled by collective western government agreement.

Within this control dynamic, there was always going to be a point where the reaction of the people to their economic reality means the financial control elements need to shift direction.  They will always maximize profit and minimized risk, while knowing what the larger objective remains.

Just like every other durable good, housing demand contracts as prices and costs become unaffordable.  The loss of equity within your home is damaging to your own value or ability to borrow against it.

From the perspective of an institutional asset, that same equity drop is an investment loss.  However, the investment loss is not materialized until the sale of the lower valued asset is completed.  Retaining declining real estate on investment books, creates an artificially high appearance of the investment result; unless and until the real estate is sold at a diminished value.

As mortgage rates rise, just as a consumer would pull back from the housing market, so too will institutional investment groups now control the slow dumping of the asset to remove the equity they pumped into it.  Much of the investment housing will be retained as rental housing, with the monthly rents being part of the returns on the investments.    However, as this dynamic unfolds further investment purchases of houses stop, because the asset overall is declining in value.  This halt of investment activity also worsens a steeper drop in home values.

Notice this line within today’s WSJ article: “The housing market had a surprisingly strong February, when sales rose a revised 13.75% from the previous month.”

What happened in February?  The BIG CLUB [Blackrock, Vanguard, Citadel, etc.] moved liquid assets out of banks into hard assets (real estate), to avoid a predictable banking issue which surfaced a month later in March.  They knew what was going to happen in banking, they moved their own assets to avoid it.

Apr 20 2023

The Richest Man in the World


Armstrong Economics Blog/World Events Re-Posted Apr 20, 2023 by Martin Armstrong

Bernard Arnault has unseated Elon Musk and Jeff Bezos to become the richest man in the world. The CEO and chairman of LVMH Moet Hennessy Louis Vuitton is estimated to be worth $235.7 billion. That is more than the entire GDP of some countries. Musk is now in second place with a net worth of $180 billion. To put it into perspective, Arnault has more money than Jeff Bezos And Mark Zuckerberg combined who are worth $127 billion and $81.4 billion, respectively.

LVMH stock has soared around 42% in the past year alone, and it rose by 17% YoY in Q1. The company’s revenue reaches 79.18 billion euros in 2022, a 23% increase from 2021. This is another indicator that current economic conditions are not hurting the higher upper class as the rich have not slowed their spending on luxury goods amid this recession. LVMH owns numerous designer brands such as Louis Vuitton, Tiffany, TAG Heuer, Christian Dior, Celine, Moet & Chandon, Hennessy, and Sephora. Arnault personally owns 40% of LVMH and has a 90% stake in Christian Dior.

This perhaps makes Bernard Arnault the most powerful man in the world. Once you reach the billions, money ceases to be money and becomes a tool for power. It is not possible to spend that amount of money in one lifetime or even among numerous generations. Even if you are a millionaire, you are closer to being homeless than you are a billionaire. This is a very powerful position and we have seen countless billionaires attempt to alter society simply because they can. Arnault seems to keep a low profile compared to others in his bracket, but he possesses the power to change the world for better or worse on whim.

Apr 20 2023

New York Judge Tells Manhattan DA Alvin Bragg His Office Must Testify to Congress


Posted originally on the CTH on April 20, 2023 | Sundance

Political DA Alvin Bragg was smacked down pretty hard by a New York judge Wednesday, telling his office there is no legal mechanism to avoid accountability and testimony before congress.

The DA office took federal funds to prosecute Donald Trump, the DA office is interfering in a federal election, the DA office has openly stated their intentions are politically motivated, and therefore the DA office has no standing to try and avoid federal legislative scrutiny.

As Judge Mary Kay Vyskocil clarified to Bragg’s team, she has no standing to block a legislatively authorized congressional subpoena.

New York – […] “The sole question before the Court at this time is whether Bragg has a legal basis to quash a congressional subpoena that was issued with a valid legislative purpose.  He does not,” Vyskocil wrote in her decision Wednesday.

Bragg, a Democrat, has accused Jordan of pursuing the subpoena to score political points while supporting Trump, a Republican. Vyskocil said the dispute appeared political, but said that did not impact her decision.

“In our federalist system, elected state and federal actors sometimes engage in political dogfights,” Vyskocil wrote in her order, noting that Bragg is an elected official. “Bragg complains of political interference in the local DANY case, but Bragg does not operate outside of the political arena.”

“Jordan, in turn, has initiated a political response to what he and some of his constituents view as a manifest abuse of power and nakedly political prosecution, funded (in part) with federal money, that has the potential to interfere with the exercise of presidential duties and with an upcoming federal election,” Vyskocil wrote.  “The Court does not endorse either side’s agenda.”

The subpoena to Pomerantz demands his appearance before the Judiciary Committee on Thursday. It is unclear if he will appear. A spokesperson for Bragg said Wednesday, “We respectfully disagree with the District Court’s decision and are seeking a stay pending appeal.”

Vyskocil denied Bragg’s request for a stay Wednesday night. (read more)

Apr 20 2023

Two-Tiered Justice, IRS Supervisor Says Political Intervention Taking Place to Protect Hunter Biden – Requests Whistleblower Protection


Posted originally on the CTH on April 19, 2023 | Sundance 

An IRS supervisory special agent with information about intervention, mishandling and ‘political interference’ in the ongoing criminal probe into Hunter Biden is seeking whistleblower protections to share the information with Congress. Apparently, the deep state “theys” are protecting Hunter Biden and the IRS agent has had enough.

WALL STREET JOURNAL – WASHINGTON—An IRS supervisor has told lawmakers he has information that suggests the Biden administration is improperly handling the criminal investigation into President Biden’s son, Hunter Biden, and is seeking whistleblower protections, according to people familiar with the matter.

A letter sent to Congress on Tuesday says a career Internal Revenue Service criminal supervisory special agent has information that would contradict sworn testimony by a “senior political appointee.” The supervisor also has information about a “failure to mitigate clear conflicts of interest in the ultimate disposition of the case,” according to the letter.

The supervisor has details that show “preferential treatment and politics improperly infecting decisions and protocols that would normally be followed by career law enforcement professionals in similar circumstances if the subject were not politically connected,” according to the letter. 

The letter says the supervisor has been overseeing an “ongoing and sensitive investigation of a high-profile, controversial subject since early 2020,” which it doesn’t name. The investigation at issue is into the younger Mr. Biden, the people familiar with the matter said.  (read more)

Apr 20 2023

The Legislative Branch’s Biggest Leaker of Classified Intelligence, Rails Against Small Fry Ability to Leak Classified Pentagon Intelligence


Posted originally on the CTH on April 19, 2023 | Sundance 

Some insider threats are more equal than others; so goes the position of the nation’s biggest leaker of classified documents in modern history, and it’s not Jack Teixeira.

This story shows the importance of what was hidden by the combined efforts of the national security apparatus in 2018.

Readers here are familiar, but most Americans are not, with how Senate Intelligence Committee Chairman Mark Warner leaked a top-secret classified Title-1 FISA application in March of 2017.

Then the Vice-Chair of the SSCI, Senator Warner instructed Senate Security Director James Wolfe to leak the 82-page FISA application assembled against Carter Page.  On the afternoon of March 17, 2017, Wolfe took 82 pictures of the “Read and Return” document that was delivered to the SSCI basement SCIF by FBI Supervisory Special Agent Brian Dugan from the Washington Field Office.

Later that evening, Wolfe sent the images to journalist Ali Watkins using an encrypted messaging app.  Ms. Watkins then shared the FISA content with her peers and used the information to leverage a top-tier job at the New York Times.  The media were off to the races talking about FBI surveillance of the Trump campaign and using the leaked FISA as evidence of the ongoing investigation, later known as Crossfire Hurricane.   Three days later, March 20, 2017, after coordinating the intent of the narrative creation with Mark Warner, FBI Director James Comey publicly admitted the Trump-Russia investigation for the first time.

After James Wolfe was arrested for the FISA application leak, his defense lawyers threatened to expose the role of the Senate Intelligence Committee in the leak and subpoena the members as witnesses.  The Mueller/Weissmann team, then in charge of all DOJ operations that touched on Trump-Russia, took apart the evidence of Wolfe’s conduct, and DC Attorney Jessie Liu dropped most of the charges against Wolfe.  Mueller then ran cover for Mark Warner, and eventually – out of an abundance of caution to maintain the need for the coverup operation – the Mueller/Weissmann team then made the FISA application public. The rest is history.

Keep in mind, I could be civilly sued if anything written above as an asserted truth was false.  I’m not, because the truth is the defense.  All of this happened.

At the time of the Mark Warner TSCI leak, no one outside the DOJ-FBI and Foreign Intelligence Surveillance Court (FISC) had ever seen a FISA application.  Heck, in 2017 through early 2018, it was considered a classified intelligence breech to even discuss the FISA process, the procedures or the court itself.  People forget that.

The 2017 leaking of the FISA application was the biggest national security breach in years, perhaps seconded only to the 2017 leaking of the TSCI transcript from National Security Advisor Michael Flynn’s call with Russian ambassador Sergey Kislyak, given to the Washington Post by the FBI a month earlier.

So, it’s somewhat hypocritical and ironic to see SSCI Chairman Mark Warner now railing against the Pentagon and Director of National Intelligence over not being provided the details of documents leaked by a low-level military servicemember in the Massachusetts Air National Guard.

WASHINGTON DC – The Senate Intelligence Committee is demanding the Pentagon hand over copies of all the classified documents leaked by Massachusetts Air National Guardsman Jack Teixeira.

The 21-year-old serviceman was accused by the Department of Defense of leaking “sensitive and highly-classified material” into a chat on the encrypted communications platform Discord. It then made its way onto other social media platforms. He was charged on Friday.

In a letter addressed to Defense Secretary Lloyd Austin and Director of National Intelligence Avril Haines, Senate Intelligence Committee Chairman Mark Warner, D-Va., and ranking member Sen. Marco Rubio, R-Fla., said the leak prompted concerns about “serious deficiencies” in the government’s security protocols.

“According to public reporting, A1C Teixeira began sharing classified information and classified documents within a social media platform as early as December 2022—nearly four months before the government’s discovery,” the letter, obtained by Fox News Digital, read. “These disclosures indicate serious deficiencies in the government’s insider threat and security vetting protocols.”  (read more)

Apr 19 2023

New Home Buyers Penalized for High Credit Scores


Armstrong Economics Blog/Real Estate Re-Posted Apr 19, 2023 by Martin Armstrong

Fannie Mae and Freddie Mac are making some changes to Loan Level Price Adjustments (LLPAs) that will likely hurt those with good credit applying for conventional loans in the US. To ensure “fairness,” the agencies are helping “underserved” first-time home buyers by reducing costs for those with lower credit scores and less money for down payments. Borrowers with a credit score under 680 will be rewarded, while those who spent years maintaining a high level of creditworthiness will see higher rates.

Spent years saving for a down payment? Expect to pay more as they implement fees for borrowers who can put 15% to 20%+ down. Previously, lenders would favor higher down payments in their risk adjustments. So even if someone chose to put down over 20% to avoid PMI costs, they would now be penalized due to these asinine FHFA rules. So those with good pay, credit, and savings will be penalized while low-income earners will receive countless benefits.

In a blog post the other day, I mentioned how banks are not profiting on mortgages as they once did. Fannie and Freddie are looking to track down extra fees as the middle class is continually squeezed. They want the people to pay for mortgage insurance. Perhaps lenders want those with lower credit scores, who are less likely to meet their obligations as a first-time home buyer, to take out loans since they’re more likely to default. This is like giving A test scores to students who only studied enough to earn a C. They are making it difficult for financially responsible people to enter the housing market.

Apr 19 2023

Is Elon Musk Doing Damage Control Using Tucker Carlson Interview?


Posted originally on the CTH on April 18, 2023 | Sundance

I write the headline in the form of a question but in reality, all of the data points in one direction, yes.

If I am going to be brutally honest, this Elon Musk scenario is like the August 2022 review when it became obvious all of the DeSantis 2024 data only reconciled in one direction.  In many ways, Musk is to social media interests as DeSantis is to DC UniParty interests.

More than half the readers here have picked up on the clues and cues showing Musk has a very real motive to position himself in the best light possible given the situation that surrounds him.  Unfortunately, that position creates conflicts between ideals (what’s possible) and reality (what limits surround one’s ability).  Musk is riding a tiger, and the intelligence community ring masters control the beast.

The damage control motive is a few layers deep.  However, one of the recent events that would lead to Musk’s public need for brand image protection comes from the situation with Matt Taibbi:

…”When we got into the Files, we were caught off guard. The content-policing system was more elaborate and organized than any of us imagined. A communications highway had been built linking the FBI, the Department of Homeland Security, and the Office of the Director of National Intelligence with Twitter, Facebook, Google, and a slew of other platforms. Among other things this looked more like a cartel than a competitive media landscape, and I had an uneasy feeling early on that publicizing this arrangement might create a host of unanticipated problems for everyone involved. Still, there was no question this was in the public interest. So we kept going.”  (more)  ~ Matt Taibbi

On the issue of Twitter File access and personal motivation, Taibbi’s best financial and short-term professional interests would be served most by retaining a positive relationship with Musk/Twitter.  The fact that Taibbi would turn away from the lucrative interests, says something positive about his compass heading.

Accepting the COVID-19 files were never released, what some have called the Fauci files, and accepting the revelations within the filtered internal documents stopped abruptly, we can consider that ‘stakeholder’ interests became more consequential as the outside peering gained depth.  Likely the core of the platform, which we now know is based on a U.S Government intelligence relationship, needed a protective boundary.

When you overlay the reality that all of Elon Musk’s ventures are dependent on the same USG for viability, the vulnerability & motive to shape outcomes (via messaging) is stark.  Tesla, SpaceX, Star Link and all of Musk’s endeavors are intertwined with government approvals, authorizations and operations.  Control of the Twitter platform as a tool for public opinion is in alignment with those same Big Gov interests.

Another core issue that should be the focus of attention, a string that can unravel the gordian knot, is the financial mechanisms of Twitter.

As a business model, Twitter never made any sense.  That’s the obvious answer why no other Tech business ever made an effort to absorb or merge it.

When you overlay the government activity, then overlay the financial value to the government for the access and control that everyone now admits was in place, the Occam’s Razor of financial operations would indicate some form of government subsidy (direct or indirect) along with some form of financial funding (again, direct or indirect) was in the background of the platform.

As CTH has said for several years, a financial agreement in the background of Jack’s Magic Coffee Shop just made sense.  The platform held/holds a value to the U.S. govt, so a subsidy in operations for sustainability of the influence seemed obviously motivated.

While there are some important datapoints showing Musk trying to take steps to make Twitter a viable business without govt support (80% staffing reductions, monthly fees for premium content, etc.) the prior financial relationship is almost certainly still in place.  The internal operations, the preestablished public-private partnership, at the core of the platform also appears to retain the same general executive operators as before the takeover.

Again, I go back to Twitter File Release #8 – […] “The United States intelligence apparatus was/is actively using and working with the Twitter platform to align with U.S. government interests.  The govt was coordinating, instructing, assisting and benefitting from the relationship.  Pro govt positions were amplified, and information adverse to the interests of the Pentagon and State Dept was removed, hidden, throttled.

Unfortunately, as admitted by Twitter File #8 Author Lee Fang, a writer for The intercept, “The searches were carried out by a Twitter attorney, so what I saw could be limited.” There is no ‘could be‘ in that statement.  The searches were limited, specifically time limited putting all of the scrutiny on the timeline when Donald Trump was in office.

CTH has no vested interest in this pretending nonsense.  We all know, hell, its public record, the use of Twitter and Facebook as a tool to advance U.S. foreign policy began during the Obama administration.  There are dozens of mainstream press accounts of Barack Obama and Hillary Clinton reaching out to Twitter and Facebook for support during the ’11/’12 Arab Spring.   This is not controversial, it happened.

However, the current release uses a carefully applied time filter only showing DoD and DoS use of the platform (to assist foreign policy) starting in 2017, when President Trump took office.  This is intentional.  The origin of the practice starts with Barack Obama. (more)

Twitter file release #8 was curated, fullstop!

That curation reality is empirical within the data itself.  That acceptance stands as a solid foundation to recognize that all of the releases are filtered and curated to protect certain levels of interest.  And within that larger truth we discover the reason why the government sponsored COVID-19 operations were never fully revealed.

Just as AG Bill Barr was shown to be mitigating damage that could come from the American public discovering that Executive, Legislative and Judicial branches of government all collaborated in the Trump-Russia fabrication, presumably Barr motivated to save the country from the reality within the scale of corruption, so too does the network around Elon Musk hold a similar motive.

You put all this together and the sheer weight of it indicates Elon Musk appeared on the Tucker Carlson broadcast to shape public opinion favorably away from the reality of what the real Twitter story reveals.  Government control is even bigger than general public understanding.  Elon Musk was/is doing damage control.

Outhouse Counsel – “He voted for the cabal behind Obama, Clinton, and Biden. Not Biden. He placated the low-info left audience with his Democrat “credentials”, impressed the hopeful with the sincerity of his little nonsequitorious “admissions”, and then sought to appease the appalled on the right with another “admission” that he’s not happy with Biden and why can’t we have a common-sense moderate middle. He then frosted this cake with humble sweetener that was designed to reinforce his naivety in certain areas; the posturing that when he bought Twitter he really didn’t understand the EXTENT of the government infiltration.

And he did this over and over again, gently saying rather alarming things quietly and in a way that could be taken multiple ways because they were tempered by seemingly guileless admissions, hopeful commentary, and witty self-deprecation (he was fooled by erstwhile competitor google/Ai founder , he sheepishly shrugs at his losing money by buying during bad timing, he fired employees from “Twitter” but he’s also implicitly a victim of those who voluntarily left but no mention of who now works for X Corp…)

He is a genius at more than computer coding. Please don’t fall for it.”

There are trillions at stake… 

Apr 18 2023

Tucker Carlson Interview With Elon Musk – Full Interview as Broadcast


Posted originally on the CTH on April 17, 2023 | Sundance

A very interesting interview conducted by Fox News host Tucker Carlson with billionaire entrepreneur, CEO and owner/operator of Twitter, Elon Musk.   The interview is interesting on a variety of subjects, specifically artificial intelligence, public speech, government control of the public information networks and the broad picture of freedom in a digital era.

The interview is extensive and provided below in multiple parts.  The first part discusses the big picture issue of Artificial Intelligence (AI) and the potential of AI to disrupt society through the control of public opinions and perceptions of reality.  WATCH:

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The second segment continues discussing AI, more philosophical aspects of what defines humanity, and then the conversation transitions to the issue of government control within the Twitter social media platform that Musk now owns.

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Part Three:

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Part Four:

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Apr 18 2023

Video – For The Professional Republicans Who Say “Candidate Quality” Matters, John Fetterman Returned to the Senate Today


Posted originally on the CTH on April 17, 2023 | Sundance

Watching Pennsylvania Senator John Fetterman return to work in the Senate reminded me today of all those professional republican voices who shout about ‘candidate quality’ when explaining GOP election losses.

Here’s the video as an audio/visual exclamation point about the irrelevance of “candidate quality.” WATCH (30 secs)

It’s the Envelopes, Stupid!

Nothing, not one single thing….  about candidates, debates, endorsements, media support, branding, imaging, leadership, effectiveness, policy, polling, communications, digital outreach, social media platforms, rallies or love of country matters in the 2024 election.  None of it matters.  The outcome of the 2024 presidential contest will be determined by ONLY ONE THING…. ….ENVELOPES!

Book sales, TV ads, legislative accomplishments, cultural wokeism, school choice, education policy, fiscal policy, foreign policy, debates, political experience, candidate qualifications, polls, rallies, crowd sizes, endorsements, not one single part of any of that matters in this electoral combat.

There is only one thing that matters,…. collecting the most envelopes.