The Last Two Neutral European Countries


Armstrong Economics Blog/War Re-Posted Aug 25, 2022 by Martin Armstrong

It seems as if everyone is supplying Ukraine with money and weapons. I would not blink if I saw Russia itself had provided Ukraine with weapons as everything has become so absurd. Yet, nothing seems to be enough. Ukrainian Foreign Minister Dmytro Kuleba called out the two European countries that have not supplied weapons for the proxy war. “With the exception of Hungary and Austria, the supply of weapons to Ukraine is not a taboo for any other European country, although it was (before),” said Kuleba.

Levente Magyar, Hungary’s Deputy Minister of Foreign Affairs, explained their reasoning for staying neutral. “Unlike many Western partners, we have experienced for ourselves what it is like to confront this huge Eastern state. At the same time, Hungary itself will not supply weapons — this is our strategic position. However, third countries can use our territory,” Magyar noted. Hungary simply does not wish to engage in war with a large Eastern power. They are protecting the Hungarian population living in the far-western Transcarpathia region from Russian attacks.

Austria has also committed to neutrality and has made that clear since the beginning of the war. First, Austria is not officially a NATO country and does not have that protection. According to Al Jazeera, 80% of Austrians do not want any involvement in the Western alliance. We all know of a certain dictator who grew up in Austria and started the last world war. Austria attempted to act as a diplomat between the East and West, with Chancellor Karl Nehammer visiting Moscow earlier in the year. The trip produced no results.

Both nations have offered humanitarian resources or opened their borders to Ukrainian refugees. They should not be shamed for steering clear of war. Look at their not so distant histories. The oldest generations have experienced untold suffering. There is no benefit for either country to become involved in a growing global conflict.

The World According to Schwab?


Armstrong Economics Blog/Economics Re-Posted Aug 25, 2022 by Martin Armstrong

QUESTION:  Dear Mr. Armstrong,
First, thank you for all the wonderful work you do. I have been following your blog for many years and am always amazed at your insight and historical knowledge. I had a question regarding your assertion that the WEF/ Globalists will not win. I am assuming you mean that their vision of a worldwide Chinese-style technocracy run by the United Nations will not take hold. But if we are also looking at the certain breakup of the United States from which there is no turning back, a defeat in WWIII with China and Russia as they win and rise to be the main players on the world stage, are we not losing everything, anyway?
How will we ever hope to restore peace, liberty, democracy, and prosperity as most American citizens understand it if China and Russia end up controlling everything, and our country is left permanently fractured and therefore weaker?
Again, thank you for everything you do to help people understand what’s coming down the road. Your insight is always invaluable.

EM

ANSWER: All we can do is look at history. As my mother used to say, There’s a time and place for everything.” What we are looking at is simply the natural cycle of the rise and fall of nations. Schwab will fail with Soros, and their dream of a one-world government is absolutely stupid, and it illustrates that both are totally ignorant of history or humanity. Just look at Congress. They vote on party lines. There is no agreement, and you really expect that the world can be brought to a one-world government?

The EU is not working, and that was the very same theory. The old tensions and distrust go back centuries in Europe. The Germans refused to join if all the debts were combined, and now you have countries complaining that one pays more in interest rates than another. Here is the former head of France stating in Parliament that the entire idea of the EU was that this one-European government would end all European wars. This was pushed by Schwab and Soros.

The EU Commission came to our 1997 WEC in London. I warned them that this would fail without the consolidation of the debts. They said that they just had to get the euro in and then worry about the debts later. I tried to explain the crisis to Kohl, but he would not listen. He would not even put joining the euro to a vote, knowing that the German people would reject the whole idea.

When Rome fell, it broke up into fiefdoms. The barbarians issued coins that imitated that of Rome. They pretended to be Roman, for they wanted the air of that civilization. There was no unity — all separated enclaves. It was not until Charles Martel (c. 688–741), who established the Caroline dynasty, where Charlemagne (747–814 AD) was eventually crowned as Emperor of the Holy Roman Empire by the Pope. Do you see the trend to create unified states once more?

Therefore, following the collapse of Rome, it was the typical cycle of 31.4 x 8.6 years = 270 years before we began to see the rise once again of formal civilizations. Europe had broken apart into simple fiefdoms that were not united. The unification came only because the Arabs began to seek the conquest of Europe and Charles Martel began to rise up to defend when became Europe once again after the Battle of Tours. He unified the Franks into a nation-state.

When Charles died, he divided Francia between his sons, Carloman and Pepin. Charlemagne came to power under Pepin. Pepin’s death opened the door to civil war as the conflict between his heirs and the Neustrian nobles who in turn sought their own political independence.

While the silver denier became the coin of Europe during the 8th century, it was not until the 13th century that we see gold reemerge as coinage. In actual Europe, that took nearly 800 years to pass before gold coinage reappeared.

However, after the Great Monetary Collapse of gold in the Byzantine Empire in 1092, it took 172 years for good gold to reappear in Europe. When Constantine founded Constantinople in 330 AD and moved the capital of the Roman Empire from Rome to his new city, which is now Istanbul, the seat of power shifted from Byzantium back to Europe. That interval was again about 800 years.

Columbus was trying to get to India, which was the financial capital, for it moved to Asia after the fall of Byzantium. That is why he calls the Americans “Indians.” He chose the wrong Greek mathematical who thought the world was round but smaller than it actually is. Columbus’ discovery of America was by sheer accident.

The West will fall and fragment. I do not see the US being occupied by Russia and China. There will be no one-world government. That is NEVER going to take place. Even in the aftermath, when the West has fallen, you will then see Russia and China become foes. Cycles are inevitable. So the world, according to Schwab, is the dream of a fool who ignores human nature and history.

Tucker Carlson Interviews Ron DeSantis After Massive Wins in Florida Primary Races


Posted originally on the conservative tree house on August 24, 2022 | Sundance

Fox News host Tucker Carlson interviews Ron DeSantis following the Florida primary election on Tuesday. Governor DeSantis notes the excellent statewide results from schoolboard races that were a big part of his focus for the primary season.

Governor DeSantis will now head into the November election facing former Florida Governor Charlie Crist. WATCH:

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Horrific Biden Consequence, 20 Million American Households Behind on Electricity Bills, Pending Shutoff


Posted originally on the conservative tree house on August 24, 2022 | Sundance

Long-term CTH readers might remember in 2014 when President Obama claimed U.S. families had been paying too little for electricity for too long.  As soon as Joe Biden took office, he began implementing the Green New Deal energy policy that, (a) directly forces higher costs for energy; and (b) is now creating massive problems.

In July I noted my own electricity bill had jumped 28% in a single month.  That bill was followed by another almost identical increase this month.  A review of the Consumer Price Index (CPI) for July [Data Here] shows that nationally the same thing is happening.  The year-over-year electricity price has increased 15.2%. However, worse still, the July increase alone was 1.9%, which figures to an annualized rate of 22.8%.

When the growth rate of monthly increase is exceeding the year-over-year result, that means future higher prices are coming.  This is a serious problem that cannot be overstated. Already struggling with a doubling of gas prices, massive food price increases at the grocery store and the pain of all costs for goods far outpacing any rate of wage increase, this type of uncontrollable increase in price of electricity is going to hit the middle class hard.

Steve Cortes calls this the backside of the Biden created inflation hurricane.  The backside of a hurricane is the worst because it hits from the opposite direction upon already weakened infrastructure.

The hurricane metaphor is apt because any increase in energy costs will be accompanied by the simultaneous arrival of another wave of food inflation, as the massive increases in field and crop prices start to feed into the food supply chain headed to our forks next month.

Making matters that much worse, Bloomberg is now reporting that 20 million households are now behind in their utility bills, specifically electricity bills, and the moratorium on shut offs has ended.  [Paywall Article]  Steve Cortes has written about the issue on his substack [Here].

One in six U.S. households, that is tens-of-millions of Americans, are now facing having their electricity turned off due to lack of payment.  It is certainly understandable how this horrific outcome would happen. Joe Biden’s energy policies are destroying working class families with unsustainably higher prices.

20 million households is a catastrophic level of utility default.  This is a serious issue with major social implications created by the desperation of those families.  Middle- and lower-income families cannot survive this level of financial pressure.

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Rents are behind. Mortgages are behind.  Car payments are behind. And now this report on utility bills.

Steve Cortes appeared with Steve Bannon to discuss {Direct Rumble Link} – WATCH:

Treehouse Tips


Posted originally on the conservative tree house on August 24, 2022 | sundance

**Bumped, 8/23/22 8:30pm ET**

My jaw came near the floor when I opened July’s electricity bill to find a notification of a 28% increase in electricity rates, effective immediately.  An increase of 28%…. just like that. This month, August, even higher with less use.

After the initial shock wore off, I started thinking about what this means to the working-class people in my community.

Already struggling with a doubling of gas prices, massive food price increases at the grocery store and the pain of all costs for goods far outpacing any rate of wage increase, this type of uncontrollable increase in price of electricity is going to hit hard.

In the past we have used CTH threads to spotlight the smart thinking and resourcefulness of Treepers from all walks of life.  A discussion thread where people can share tips, things that can actually be done, to help offset the financial pressures during severe economic times.  I think we may all benefit from starting a series of post like that again.

Let us share our wisdom and experience again.  There are many thousand who will benefit, as I have always done, from reading your smart tips and suggestions.

What ideas, tips and suggestions do you have to help people save money on ordinary life and living expenses?

These are painful economic times and the stress that is caused by financial worry is some of the most horrific family stress that people can face.  Let us come together with tips as a community to help each other.   No suggestion is too small.  What advice do you have that can help people save money on monthly expenses?

During one of our previous discussions someone gave a tip about putting a clean dry towel in the clothes dryer as a way of cutting down drying time and energy used.  I tried it and jumping ju-ju-bones it worked fantastically.  Simply putting a dry towel into the dryer when you add the wet clothes from the washer reduces laundry drying time by around 25%.  Not only does that save time, but it also saves money – and it was so simple.

So, what suggestions do you have?   Tips about anything and everything that might lower the monthly cost of ordinary life. No tip is too small. No suggestion is too odd.  Your advice can/will make a difference.

Please use the comments section to drop your advice.

Thanks again for being part of our fellowship.

Love to all.

Joe Biden Claims He Had No Advance Notice of FBI Raid on Donald Trump Home, None, Zero, Not One Little Bit


Posted originally on the conservative tree house on August 24, 2022 | Sundance

Earlier this afternoon Joe Biden was questioned about how much notice he had regarding the FBI raid on President Trump’s home at Mar-a-Lago in Florida.

Question: “Mr. President, how much advanced notice did you have of the FBI’s plan to search Mar-a-Lago?

BIDEN: “I didn’t have any advanced notice. None, zero, not one single bit.”

{Direct Rumble Link} – WATCH:

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FLASHBACK, Elizabeth Warren Meets the Face of Cold Anger


Posted originally on the conservative tree house on August 24, 2022 | Sundance 

As the political elite decide they have some form of unknown authority to force working class U.S. taxpayers to fund the choices of others, a furor starts to build.

In this video excerpt a father confronts Senator Elizabeth Warren over her advocacy to cancel college loan debt for those who made a choice to take out those loans.   Across the American landscape this moment rings as representative of two fundamental outlooks colliding.  I think most readers here would relate to the cold anger of the father who confronts the Senator.  WATCH:

Cold anger does not choose the path of division, it simply responds to it.

There is a great chasm within our nation between to diametrically opposing worldviews.  When one side is forced to pay for the indulgent choices of the other, cold anger turns hot.  It is difficult to contain rage in the face of such sanctimony, yet the abusers are prepared to claim victimhood as soon as we respond to the abuse.

This is the powder-keg that sits underneath the quiet surface of cold anger.

Cold Anger tries not to go to violence.  For those who carry it, no conversation is needed when we meet. You cannot poll or measure it; specifically, because most who carry it avoid discussion… And that decision has nothing whatsoever to do with any form of correctness.

Foolishness and betrayal of our nation have served to reveal dangers within our present condition.

Misplaced corrective action, regardless of intent, is neither safe nor wise….

All thoughts appreciated.

Biden Cancels Student Loan Debt for Federal Borrowers, Extends Pause for Loan Payments Through End of Year


Posted originally on the conservative tree house on August 24, 2022 | Sundance 

Buy votes, create disparity and divide people, that’s what democrat policies are designed to do.  Joe Biden follows the playbook by cancelling $10k to $20k in student loan debt for those who have federal government loans.  Students with private loans backed by the federal government are not eligible.

Additionally, Biden has extended the “COVID emergency payment moratorium” through the end of the year.  No one with a federal student loan needs to restart paying until after the midterm election, in 2023.  [White House Fact Sheet Here]

If the economy is doing so great, then why the need for bailouts?

WASHINGTON (AP) — President Joe Biden on Wednesday announced his long-awaited plan to deliver on a campaign promise to provide $10,000 in student debt cancellation for millions of Americans — and up to $10,000 more for those with the greatest financial need — along with new measures to lower the burden of repayment for their remaining federal student debt.

Borrowers who earn less than $125,000 a year, or families earning less than $250,000, would be eligible for the $10,000 loan forgiveness, Biden announced in a tweet. For recipients of Pell Grants, which are reserved for undergraduates with the most significant financial need, the federal government would cancel up to an additional $10,000 in federal loan debt.

Biden is also extending a pause on federal student loan payments for what he called the “final time” through the end of 2022. He was set to deliver remarks Wednesday afternoon at the White House to unveil his proposal to the public.

If his plan survives legal challenges that are almost certain to come, it could offer a windfall to a swath of the nation in the run-up to this fall’s midterm elections. More than 43 million people have federal student debt, with an average balance of $37,667, according to federal data. Nearly a third of borrowers owe less than $10,000, and about half owe less than $20,000. The White House estimates that Biden’s announcement would erase the federal student debt of about 20 million people. (read more)

Twitter Whistleblower Surfaces Presenting Challenge for U.S. Surveillance State, Enter CNN and The Washington Post


Posted originally on the conservative tree house on August 23, 2022 | sundance 

The background story behind Jack’s Magic Coffee Shop takes an interesting twist today, as a whistleblower deep inside the Twitter technology side of the platform begins to outline what CNN calls, “a threat to its own users’ personal information, to company shareholders, to national security, and to democracy.”

This discussion is where it becomes critical to remember the nature of stakeholders in media.

CNN is the national media firm protecting the interests of the U.S. State Dept.  The Washington Post is the national media firm protecting the interests of the U.S. intelligence apparatus.  The latest Twitter whistleblower information originates in,.. wait for it… “an explosive whistleblower disclosure obtained exclusively by CNN and The Washington Post.”

The whistleblower is a former technology expert who came from within the research farm of DARPA, the Defense Advanced Research Projects Agency.  Peiter “Mudge” Zatko, is a well-known cybersecurity expert who left government work, entered the public world, and eventually became the head of Twitter security, reporting directly to the CEO.

Peiter “Mudge” Zatko is now saying the background technology of Twitter is vulnerable to manipulation.  I’m not going to go into the granules of what Mudge is outlining, instead I prefer to focus on the bigger picture, a scenario we have been outlining for quite a while that could, emphasize *could*, become very explosive, especially considering the legal challenges between the social media platform and Elon Musk.

The nub of the bigger story is essentially that the database of Twitter, and likely other social media platforms, is integrated with the U.S. intelligence system.  The database of Twitter is not necessarily vulnerable to hacking by outside entities, although that is the framework used by media reporting this whistleblower issue.

The bigger risk to the surveillance state is discovery that Twitter and the U.S. intelligence community are in a public-private partnership. The Dept of Homeland Security has access by design, not flaw.  How the stakeholder media are reporting on the issue shows the nature of the risk, (emphasis mine):

[…] The scathing disclosure, which totals around 200 pages, including supporting exhibits — was sent last month to a number of US government agencies and congressional committees, including the Securities and Exchange Commission, the Federal Trade Commission and the Department of Justice. The existence and details of the disclosure have not previously been reported. CNN obtained a copy of the disclosure from a senior Democratic aide on Capitol Hill. The SEC, DOJ and FTC declined to comment; the Senate Intelligence Committee, which received a copy of the report, is taking the disclosure seriously and is setting a meeting to discuss the allegations, according to Rachel Cohen, a committee spokesperson. (link)

How would it damage the U.S. government if previous claims about the Chinese government having access to all user data on TikTok, are shown to be exactly identical to the U.S. government having access to all user data on Twitter?

Let that question settle in for a few moments, because that is exactly what I have been alleging since, well, 2011, when the U.S. State Dept first collaborated with Twitter in a joint public-private partnership to use the platform as a communication tool exploiting the Arab Spring uprising in Egypt, Libya and beyond.

The issue of Jack’s Magic Coffee Shop is an issue of financial viability.  The business model of Twitter just doesn’t exist as a free social media discussion platform while running the ultra-expensive data processing system needed for millions of simultaneous users.  A global chat that requires exponential database responses as an outcome of simultaneous users is just ridiculously expensive. {Go Deep} However, if the computing system and massive database were being subsidized by the U.S. government, then the viability of the ‘free coffee‘ business model makes sense.

“Cloud computing is one of the core components of the strategy to help the IC discover, access and share critical information in an era of seemingly infinite data.” … “A test scenario described by GAO in its June 2013 bid protest opinion suggests the CIA sought to compare how the solutions presented by IBM and Amazon Web Services (AWS) could crunch massive data sets, commonly referred to as big data.” … “Solutions had to provide a “hosting environment for applications which process vast amounts of information in parallel on large clusters (thousands of nodes) of commodity hardware” using a platform called MapReduce. Through MapReduce, clusters were provisioned for computation and segmentation. Test runs assumed clusters were large enough to process 100 terabytes of raw input data. AWS’ solution received superior marks from CIA procurement officials”… (MORE)

♦ Legal Stuff – The issue of American citizen privacy and U.S. constitutional limits against the government listening in on communication is functionally obsolescent.  The Foreign Intelligence Surveillance Act (FISA) prohibits communication intercepts on U.S. citizens without a valid search warrant.  However, if a U.S. citizen is engaged in a conversation with a foreign person, all privacy restrictions are essentially gone. [Insert example of Michael Flynn taking to Russian Ambassador Sergey Kislyak here]

Your phone calls can be intercepted by the government from the foreign side of the call.  The govt can freely monitor the calls that involve foreign actors.  The only rule is that your privacy must be maintained. If the foreign actor is in communication with a U.S. citizen, the U.S. citizen must be “minimized” or not identified in any intercept.

However, what happens when the phone call is on a community line that is connected, and visible, to the entire world?   That’s the benefit of social media monitoring from a surveillance perspective. It is from that opaque and unresolved archaic legal perspective that surveillance authority of social media platforms, by the U.S. intelligence community, exists.   Now you see why the SSCI is taking an interest in the Twitter whistleblower, classic risk mitigation.

Hopefully, you can also see why the 200-page whistleblower document was leaked, by a Democrat staffer, to the Washington Post and CNN.

CNN defends the equity interests of the U.S. State Dept., and WaPo defend the Intelligence Community (CIA, DHS, etc).

Within the narrative as constructed you will note, “Zatko further alleges that Twitter’s leadership has misled its own board and government regulators about its security vulnerabilities, including some that could allegedly open the door to foreign spying or manipulation, hacking and disinformation campaigns.”

If the relationship between Twitter and the U.S. intelligence community is a public-private partnership, why would Twitter want to shut down the portals given to the Dept of Homeland Security?

Answer, they wouldn’t… Ergo the response from Twitter to the whistleblower complaint is (emphasis mine), “What we’ve seen so far is a false narrative about Twitter and our privacy and data security practices that is riddled with inconsistencies and inaccuracies and lacks important context.

Put another way, the “lacks important context” is the nature of the security risk, which is structural to the relationship between the intelligence community and the platform.  See how that works?

The integration between Twitter and the United States Intelligence Community has been hiding in plain sight:

July 26, 2021, (Reuters) – A counterterrorism organization formed by some of the biggest U.S. tech companies including Facebook (FB.O) and Microsoft (MSFT.O) is significantly expanding the types of extremist content shared between firms in a key database, aiming to crack down on material from white supremacists and far-right militias, the group told Reuters.

Until now, the Global Internet Forum to Counter Terrorism’s (GIFCT) database has focused on videos and images from terrorist groups on a United Nations list and so has largely consisted of content from Islamist extremist organizations such as Islamic State, al Qaeda and the Taliban.

Over the next few months, the group will add attacker manifestos – often shared by sympathizers after white supremacist violence – and other publications and links flagged by U.N. initiative Tech Against Terrorism. It will use lists from intelligence-sharing group Five Eyes, adding URLs and PDFs from more groups, including the Proud Boys, the Three Percenters and neo-Nazis.

The firms, which include Twitter (TWTR.N) and Alphabet Inc’s (GOOGL.O) YouTube, share “hashes,” unique numerical representations of original pieces of content that have been removed from their services. Other platforms use these to identify the same content on their own sites in order to review or remove it. (more)

A shared hashing protocol is a form of data system integration.  The databases of the identified social media platforms are integrated with the U.S. intelligence system.

So, what is the angle here?  Peiter/CNN’s objective is to support Musk‘s part of the legal argument. That support helps Elon Musk exit from Twitter deal. That exit allows Twitter/IC to return to surveillance operations and intel gathering with exposure risk removed. That’s Peiter’s objective.

I shall leave on a happy note, which highlights the nature of the risk:

After this article was initially published, Alex Spiro, an attorney for Musk, told CNN, “We have already issued a subpoena for Mr. Zatko, and we found his exit and that of other key employees curious in light of what we have been finding.” (LINK)

Hello, fellas…

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Now, for the pantomime, and to showcase the need for extreme control by the narrative engineers.  Notice how the directors of the CNN segment use alternative actors to shape the context of what Mr. Peiter “Mudge” Zatko is saying.  This is classic intelligence community media tradecraft.

Notice what is expressly attributed to Mudge in his own words, versus what is implied toward Mudge from alternative voices and faces that appear.  Once you see the strings on the marionettes, you can never return to that moment in the performance when you did not see them.  WATCH:

Video Released Showing Drunk Paul Pelosi Failing Field Sobriety Test


Posted originally on the conservative tree house on August 23, 2022 | sundance 

Video obtained by TMZ shows House Speaker Nancy Pelosi’s husband, Paul Pelosi, failing a field sobriety test in California following a serious car accident.

The police dash-cam video shows Paul Pelosi wanted to perform a field sobriety test as long as it meant he didn’t have to take a breathalyzer test.  WATCH: