Tag Archives: Inflation

Nov 29 2022

Trudeau Justifies Invoking Martial Law


Armstrong Economics Blog/Canada Re-Posted Nov 29, 2022 by Martin Armstrong

Trudeau changed the world’s entire perception of Canada after his mishandling of the Freedom Convoy protest. Hard-working Canadian men and women demanded medical freedom and protested the vaccine mandates. The Canadian media was not permitted to question the COVID agenda, and dissenting voices were muffled. The Canadian trucker’s convoy (aka the Freedom Convoy) sparked the first major backlash for the Trudeau Administration after protestors could not be silenced by threats. Trudeau had to make good on those threats to assert whatever is left of his authority. Justin Trudeau is back to being a celebrity, not a politician, and is focusing on winning a drag queen race this week.

The convoy was completely peaceful until Trudeau, who refused to even speak to the protestors, invoked Martial Law. “What if the worst had happened in those following days? What if someone had gotten hurt, what if a police officer had been put in hospital?” Trudeau said. “I would have worn that,” he continued. “The responsibility of a prime minister is to make the tough calls and keep people safe.”

Trudeau knelt down amid Black Lives Matter (BLM) protests and allowed the chaos to ensue because it fits the woke agenda for this New World Order. And guess what? Numerous Canadian police officers were injured or killed by those BLM protests that were not only allowed to continue but strongly encouraged.

Countless people were hurt by the government’s response to the protest of a “fringe minority.” The completely peaceful protestors were thrown in jail, sometimes without bail. They had their bank accounts frozen, and assets seized. People who donated to their cause had their assets frozen. The world saw a glimpse of how ruthless Canada has become under Trudeau.

Nov 29 2022

Joe Biden Asks Congress to Pass Legislation to Avert Railroad Strike


Posted originally on the conservative tree house on November 28, 2022 | Sundance 

All 12 railroad unions vote individually to ratify their contracts, unless congress intervenes and imposes a contract which forces all to abide.  The railroad unions representing a majority of the railroad workers remain in dispute with the currently proposed contract with no resolution in sight and a potential labor union strike looming on December 9th.

If one union within the collective group strikes, all of the unions — which represent more than 115,000 rail workers — would almost certainly join in solidarity, triggering an industry-wide freight rail work stoppage.

With the unions at an impasse over sick pay, Joe Biden has asked congress to intervene and impose a contract based on the terms of an earlier agreement.

(White House) –  I am calling on Congress to pass legislation immediately to adopt the Tentative Agreement between railroad workers and operators – without any modifications or delay – to avert a potentially crippling national rail shutdown.
 
This agreement was approved by labor and management negotiators in September. On the day that it was announced, labor leaders, business leaders, and elected officials all hailed it as a fair resolution of the dispute between the hard-working men and women of the rail freight unions and the companies in that industry.
 
The deal provides a historic 24% pay raise for rail workers. It provides improved health care benefits. And it provides the ability of operating craft workers to take unscheduled leave for medical needs.  Since that time, the majority of the unions in the industry have voted to approve the deal.


 
During the ratification votes, the Secretaries of Labor, Agriculture, and Transportation have been in regular touch with labor leaders and management. They believe that there is no path to resolve the dispute at the bargaining table and have recommended that we seek Congressional action.
 
Let me be clear: a rail shutdown would devastate our economy. Without freight rail, many U.S. industries would shut down. My economic advisors report that as many as 765,000 Americans – many union workers themselves – could be put out of work in the first two weeks alone. Communities could lose access to chemicals necessary to ensure clean drinking water. Farms and ranches across the country could be unable to feed their livestock.
 
As a proud pro-labor President, I am reluctant to override the ratification procedures and the views of those who voted against the agreement. But in this case – where the economic impact of a shutdown would hurt millions of other working people and families – I believe Congress must use its powers to adopt this deal.
 
Some in Congress want to modify the deal to either improve it for labor or for management. However well-intentioned, any changes would risk delay and a debilitating shutdown. The agreement was reached in good faith by both sides. (read more)

A national freight stoppage would be bad for the entire transportation sector.  Moving oil, coal, ethanol and derivatives needed for diesel transport would be almost impossible with a freight railroad shut down.  Congress has needed to intervene in this contract process several times before.

Nancy Pelosi released the following statement:

[…] “This week, the House will take up a bill adopting the Tentative Agreement – with no poison pills or changes to the negotiated terms – and send it to the Senate.  It is my hope that this necessary, strike-averting legislation will earn a strongly bipartisan vote, giving America’s families confidence in our commitment to protecting their financial futures.”

Nov 29 2022

Twitter CEO Elon Musk Says He Will Publicly Reveal Twitter’s “Files on Free Speech,” and Implies Coordination with Government


Posted originally on the conservative tree house on November 28, 2022 | Sundance 

CTH has not visited the various Twitter stories recently, quite frankly because we are ambivalent to them.  It just seems illogical for Elon Musk to have purchased Twitter without any idea of what was happening inside Jack’s Magic Coffee Shop, the public-private partnership that structures the operations of the social media company known as Twitter.

That said, some interesting developments recently as media rail against the platform and organized ultra-leftist groups demand advertising boycotts.  Apparently, Apple and Android are threatening to remove the Twitter App and Mr. Musk is doubling down on exposing the matrix of how the U.S. government was working with Twitter toward controlling speech that was against their interests.

This tweet about releasing internal “files” on “speech suppression” follow on the heels of Mr. Musk noting that government involvement in the blocking of speech is very troubling.

It’s not a secret that FBI and U.S. Dept of Homeland Security offices were in partnership with Twitter. Much has been written about how DHS collaborated with the platform on the definitions and removals of material adverse to their interests.

When Musk uses the word “files” he is probably referencing a set of guidelines from the U.S. government to Twitter for content enforcement.

We see a lot of shocked faces around this as if people are only just discovering the issue.  The general ‘surprise‘ seems rather weird.

It is worth remembering when Twitter became a tool of the U.S. government.  It was back during the 2011 ‘Arab Spring’, specifically the events in Egypt, when members from the Obama administration first solicited Jack Dorsey (Twitter) and Mark Zuckerberg (Facebook) for help.

The U.S. State Dept goal was to use these social media platforms as a way for citizens in Egypt and Libya to organize when the government was trying to put down protests.  President Obama wanted to assist the Muslim Brotherhood achieve the goal of removing Hosni Mubarak and Muammar Khaddaffi respectively.

Twitter and Facebook were instrumental in the organization of the protests which were then compromised by the more extreme political elements of political Islam from within the organization of the Muslim Brotherhood.  The relationship between the government and social media grew from there.

While the middle east uprisings were essentially the Beta test, everything in the relationship between govt and those companies evolved toward domestic use in the Michael Brown shooting in Ferguson, Missouri.

Twitter and Facebook began promoting the “Hands Up Don’t Shoot” nonsense that was created for national media consumption by the Black Lives Matter group.  … and from that moment the public-private partnership was off to the races.

Fast forward a decade, and yes, now DHS is focused on domestic extremism as the greatest public threat.  Again, controlling speech that runs counter to the interest of government is part of a continuum of the same relationship.

It will be interesting to see what’s in the files.

Nov 29 2022

Mike Lindell Is Running for RNC Chair Position, Discusses Decision with Steve Bannon


Posted originally on the conservative tree house on November 28, 2022 | Sundance

CEO businessman Mike Lindell announced earlier today he is running for the position of Republican National Committee Chairman, a challenge to current RNC Chair Ronna McDaniel who has stated her intention to run for reelection to the position.

Several current RNC members have announced their continued support for Mrs. McDaniel, including former RNC Chair Reince Priebus.  However, former Republican Congressman Lee Zeldin has also stated his interest in running for the position.

Mike Lindell explains to Steve Bannon his intent and purpose for entering the very important race.  {Direct Rumble Link} WATCH:

The election for the two-year RNC Chair will take place at the RNC winter meeting in California late January.

The winter meeting of the RNC is taking place January 25-27th, in Dana Point California at the Waldorf Astoria – Monarch Beach Resort.  There are 168 members who will be in attendance (3 from every state) along with various RNC and national Republican leadership.

In addition to the RNC chair election, this RNC corporate meeting and the votes by the members, will determine the Republican Club rules for the 2024 election cycle.  Rules on primary dates, sequence, apportionment of delegates, distribution of delegates, state sequencing, qualifications and much more.

The billionaire donor class and corporations who currently operate the financial mechanisms of the RNC have already expressed their intent moving forward is to remove the populist movement and realign the RNC with corporate objectives.  This chairmanship election is going to be pivotal for the future of the party.

Nov 29 2022

Republican Thomas Massie Gives Voters Excellent Example of How and Why the Overton Window Moves


Posted originally on the conservative tree house on November 28, 2022 | Sundance

In a series of tweets today, Kentucky Representative Thomas Massie provides an excellent example of why and how government always grows.

The Overton Window is basically a catchphrase to explain a narrow spectrum of acceptable government policies at any given moment. As the nation evolves the window of what would be considered currently “acceptable’ moves.  In the example of the government continue to grow, the Overton Window constantly shifts toward leftist totalitarian objectives, bigger government.

The movement happens slowly – over time – but is never reversed.  Regardless of who controls power, the big government Overton Window always goes one way, one nudge at a time in one direction, toward bigger government.  People often ask, why does this continue to happen even after Republicans are elected?   Today, Thomas Massie accidentally gives us a perfect example of how and why.

When Democrats are in power, they do everything to maximize their power and minimize the influence of their Republican opposition.  However, when Republicans are in power, they do everything to minimize their power and maximize the power of their Democrat opposition, now in the minority.  Democrats in control, they maximize the Overton Window shift.  When Republicans are in power, they do nothing to pull it back – they actually do everything possible to maintain the shift.  LOOK:

Saul Alinsky wrote the rulebook for radical leftists saying, “force the opposition to play by their own rules.”  A seemingly abhorrent concept when the powered wig crowd of honorable constitutional republicans take control.

Sitting atop the high horse Massie explains how it is a matter of principle that Republicans should not use power.

We are in an abusive relationship with government.

Representatives like Thomas Massie likely have the best intention in mind, but the result is a constant loss of freedom in one direction.

The constitution was written as a document to be affirmed, executed and defended by honorable people.  The progressive movement uses the morality within the affirmation as a weapon.

In a similar way a kidnapper tells one of two victims, they will harm the other if they try to flee, radical leftists slowly kill us by manipulating our love of country and constitution.

We should no longer accept the baseline premise; instead, we should change the dynamic by killing the kidnapper.

Get off the high horse and fight Mr Massie.

There comes a time to ‘Fix Bayonets’!

Fight dirty.

Fight ruthlessly.

Fight to survive.

Fight like the third monkey on the ramp to Noah’s ark.

Fight to win.

Give your grandchildren the opportunity to remount the high horse and wax philosophically about the value of the constitution.

Then again, all of that only applies if you really believe the message…

.

Nov 28 2022

Twitter Naturally Suspended Me Before Musk


Armstrong Economics Blog/Opinion Re-Posted Nov 28, 2022 by Martin Armstrong

Of course, Twitter naturally suspended my account for having the audacity to say that the COVID response was destroying the world economy by locking everyone down. That brain-dead decision created the disruption to the supply chain thereby creating the shortages that have set inflation in motion.

The central banks cannot possibly control inflation of this nature being shortages only amplified by the Russian sanctions. Raising rates will only add to the inflationary crisis further increasing the cost of capital reducing production even further.

I was suspended for political speech under the pretense of COVID.

It took at most 10 minutes for Musk’s team to UNLOCK my account. I just have to find the time now to start using it again – LOL.

Nov 28 2022

Why I Look at the Dow First


Armstrong Economics Blog/Economics Re-Posted Nov 28, 2022 by Martin Armstrong

COMMENT: Why do you focus on the Dow over the S&P 500 and others?

ANSWER: New analysts claim that the S&P 500 provides a better picture of the markets compared to the Dow. Although the S&P 500 obviously has a larger catalog, the Dow is a direct reflection of international capital flows. Look toward the Dow to see where big money is moving.

The S&P 500 is domestic-oriented, and fund managers and institutions tend to focus on this index. The NASDAQ typically reflects retail, often tech-heavy, and usually does not peak at the same time. Each index offers a completely different perspective. The Dow Jones Industrials is the big money. You will notice that this index leads the way. It is the first out of a key low because it is typically the foreign capital based on currency. You will also notice the Dow tends to top out first because the big money tends to pull out first also due to currency.

Capital is flowing like never before, and the smart money is on the move. Socrates users have access to our capital flow heat map that shows where money is moving in real time. The USD remains the last safe haven, and money is pouring into the US. Look to the Dow for the best international perspective.

Nov 28 2022

Queensland Senator Demands National Security Alert over WEF Global Domination


Armstrong Economics Blog/WEF Re-Posted Nov 28, 2022 by Martin Armstrong

https://twitter.com/BernieSpofforth/status/1594963228467118081?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1594963228467118081%7Ctwgr%5E287d078f61c69b4525649e663c2729e3dc59e89f%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.armstrongeconomics.com%2Fworld-news%2Fwef%2Fqueensland-senator-demands-national-security-alert-over-wef-domination%2F

Klaus Schwab has publicly boasted about infiltrating government cabinets around the world. His plans for the Great Reset are public information that anyone can access. The World Economic Forum (WEF) molds its Young Leaders as they see fit and strategically places them in positions of power throughout every global agency and government. The agenda has never been a mystery, as Schwab states his intentions on his website, in books, and in every interview. His ideas seem so outlandish to the average person that they have been dismissed as merely a conspiracy, with Schwab being seen as an eccentric billionaire who wants to better the world.

Senator Malcolm Roberts from Queensland is now demanding answers. Schwab’s growing infiltration of government should have triggered a National Security Alert, Roberts said. No one voted for Schwab or the WEF to lead them. “Parliament belongs to no one but the Australian people,” Roberts firmly stated.

Roberts has been speaking out against the WEF for some time. If the Great Reset is a conspiracy theory, why are governments following the WEF’s policies? “The Global Identity Project is designed to shift the global economy away from private ownership and into what the WEF calls an “access model” where you own nothing but rent goods and services from the world’s billionaires and billionaire corporations,” Roberts explained earlier in the year. He warned that they are using “sustainability” as a lie to turn the public into slaves who have no power over their government and will create a closed-loop economy.

Schwab and his WEF are indeed a threat to national security across the globe. Who are they paying, and how has he successfully infiltrated governments across the world? Leaders like Trudeau, who blatantly follow Schwab’s advice, are not fit to lead and should be investigated for their part in destroying the world economy to Build [it] Back Better.

C

Nov 28 2022

Soros Confessed to Confiscating Holocaust Victims’ Assets Without Remorse


Armstrong Economics Blog/Human Rights Re-Posted Nov 28, 2022 by Martin Armstrong

George Soros’ father was a successful lawyer in Budapest during World War II. As Hungarian Jews, the Soros family was able to evade capture by siding with the Nazis. In this 1998 “60 Minutes” interview, Soros proudly admits that he helped to confiscate all the worldly belongings of the Jews and other holocaust victims while pretending to be an adopted Christian boy.

“I had no sense of guilt,” Soros said after admitting he does not believe in God. He repeatedly tells the reporter that he is simply amoral and feels absolutely no remorse for the horrible acts he has committed. Soros coldly described confiscating assets from his fellow Jews as akin to trading the markets. The assets would have been confiscated regardless, he said, and it did not matter if he was the one carrying out orders from the Third Reich.

Soros made it clear to the interviewer that he identifies as an amoral man and would never apologize for his actions as he does not believe he did anything wrong. Soros was able to sort through the belongings of innocent families and process his actions as simply a revenue generator for the government. He appears amused that he was able to outsmart the Nazis and escape persecution and execution, unlike the others who are beneath him, like us, the Great Unwashed. This is a glimpse into the mind of the people at the top who call for regulations and will gladly sit back and watch the world burn if it benefits them in the slightest.