Inflation – Real Estate – Chaos


Armstrong Economics Blog/Gold RePosted Jul 17, 2022 by Martin Armstrong

COMMENT: I thought you were just a Trumper warning what would happen if Biden won. I have come back to your site because I can see inflation approaching 10% as you said and the dollar is rising which made no sense as gold stalled. I think you also said that real estate will decline perhaps into 2023. Has there ever been such a wild combination of events?

Thanks

Pete

ANSWER: It gives me no pleasure to deliver such forecasts. They are NEVER my personal opinion. In all honesty, it truly takes a computer to sort out all the global trends. Personal opinions will not cut it when you enter a period that has not unfolded in a very long time.

I have told the story before that back in 1985 when we were going to open our first office in Europe, I went to lunch with one of the heads of a Swiss bank when I was there. I had a list of names we came up with like European Advisers or something like that because I knew there was a lot of anti-Americanism in Europe. He asked me to name one European analyst. I could not. I was embarrassed but he said there were none.

He then explained that everyone was using our firm on currency because “You do not give a shit if the dollar goes up or down.” He elaborated that in Europe if any analyst ever said their currency would decline it would have been seen as treason since the politicians had used currency to prove they did a good job rebuilding Europe after the war.

I learned many years ago, that the only way to operate was to call the shots as they unfold. My personal opinion means nothing. I cannot make a market rise when its trend is down. I am here to simply deliver what the computer projects. No matter how loud I could scream, it does not matter. What will be – will be.

Real Estate is undergoing three separate trends. First, there has been mass evacuation from cities and high-taxed states thanks also to draconian COVID laws. Secondly, we have the flight of capital to flee banks, etc which is part of just getting capital off the grid. Then thirdly, there has been a flight of international capital fleeing to the United States because of geopolitical instability in Europe.

The standard claim is that real estate will drop by 50% all because of interest rates pointing to some cities declining by 4% in June alone. This is merely confusing the people for they are looking at only the big cities that are already in decline for a separate reason from interest rates.

The claim that interest rate hikes imply that real estate will decline is very old school and once more it presumes everyone is buying on leverage. In 2021, cash sales represented 25% of existing home sales in the key markets that were a level unmatched since 2016. Nationally, buyers paid cash for almost 15% of the homes in 2021 in markets that were booming from migration from other states.

Florida, the Tampa market was even hotter. Single-family homes saw 45.5% more buyers paid cash than in 2020. The number of condo buyers paying cash went up 33.2%. While more people paid cash, the inventory dropped, with 29.2% fewer active listings of single-family homes in the 2021 third quarter than in 2020. Condo listings dropped even more, at 52.2% fewer available. Speaking to a local realtor, houses in excess of $1 million in the Tampa area were 95% cash deals.

This market has been LESS impacted by interest rate hikes than any previous booming market all because of the migration from interstate within the US and the flood of European buyers looking for assets outside of Europe as war keeps getting closer and closer. I have warned that real estate will decline in those states where people are fleeing. It has boomed in places they have been migrating to such as Texas and Florida. Obviously, you can no longer make a blanket forecast in real estate. Then there has been Blackrock which has bought over 20,000 homes in Florida in the lower-end of the market for cash.

I have warned many times that the standard nonsense that gold rises with inflation has been a sales pitch as trustworthy as a used car salesman. Gold rises during the collapse in the confidence of the government. Everyone will respond based on their own currency.  As the dollar rises, gold has declined in US$, but the pattern will be different for every other currency.

Ukraine Cargo Plane Crashed in Greece Carrying 11 Tons of Bombs, Mortars and Landmines to Bangladesh


Posted originally on the conservative tree house on July 17, 2022 | Sundance

If I had to hazard a guess about what this was, I’d say it is most likely: (a) part of the massive Ukrainian stores of mortars and landmines in eastern Ukraine that were moved in order to keep the Russians from capturing them; or (b) the actual arms that were captured by Russian and then sold on the world arms market.   Either way, somehow, they end up as part of an arms deal from Serbia to Bangladesh.

With the new and improved western weapons provided by the United States, Ukraine is likely upgrading and selling their old weapons to various nefarious arms dealers.

This shipment happened to crash, and that’s the only reason we are hearing about it.

(Via Daily Mail) –  Soldiers in hazmat suits searched for signs of nuclear and chemical substances at the crash site of a Ukrainian cargo plane transporting nearly a dozen tons of mortar shells and land mines.

The Antonov An-12 light aircraft, which was transporting the weapons from Serbia to Bangladesh, had eight Ukrainian crew members onboard. They were all killed. 

An official at Kyiv cargo operator Meridian told Reuters: ‘Of course they didn’t survive this.’  Eyewitnesses filmed the fireball crash in the early hours today, with explosions continuing for two hours and the charred wreckage burning until morning.

Drone images from the scene showed debris from the bulking aircraft strewn in fields.  Serbia’s defense minister said the plane was carrying 11.5 tonnes of products made by its defense industry and the buyer was Bangladesh defense ministry.   Greek authorities could not provide any more information on the aircraft’s cargo. (more)

Previously Russia was reporting to have captured a massive Ukranian military weapons cache near Kharkov (northeastern Ukraine).  I wrote about it HERE.  However, the video (partial screengrab below) was quickly removed by the internet police.

The doomed weapons shipment supposedly originated from Serbia, so the original source could be either Ukraine or Russia.  Who knows?  Amid all of the propaganda, Ukraine corruption and furious U.S. arms shipments into Ukraine, there are multiple sketchy participants likely involved in selling the arms on the global black market.

FUBAR

Texas House Committee Releases Interim Report on Uvalde School Shooting, Press Conference and Link to Report


Posted originally on the conservative tree house July 17, 2022 | Sundance

The families of the Uvalde Robb Elementary school shooting victims met privately Sunday with a Texas House committee who released an interim report on the events that took place.  [Link to 77-Page Report Here] Following that private meeting the committee held a press conference where they spoke about the report and took questions.

The committee, led by State Rep. Dustin Burrows, shared what they learned as they looked into the school shooting.  “If there’s only one thing that I can tell you is there were multiple systemic failures. I would invite everyone to read the entire report,” Burrows said at the press conference. “You cannot cherry-pick one sentence and use it to say everything without reading and without context. But if we need a simple phrase to describe what the report says, again I would tell you multiple systemic failures.”  WATCH:

Interim Report Here

Whatever Happened to the Information of The DNC Law Firm Having an FBI Search Portal in Their DC Office?


Posted originally on the conservative tree house on July 17, 2022 | Sundance 

On May 31st, Representative Matt Gaetz (R-FL) made an explosive announcement as an outcome of a whistleblower providing information to him and Jim Jordan.  The claim was the FBI held a collaborative relationship with the Clinton/DNC law firm Perkins Coie. {Go Deep} Specifically, the explosive element surrounded the FBI having a workspace within the DNC law firm that would give Democrats an open portal into FBI databases for political opposition research.

Additionally, formerly indicted Clinton campaign lawyer, Michael Sussmann, was reportedly in charge of this arrangement within Perkins Coie for the past year.  Obviously, the potential ramifications from this joint collaboration are vast.  However, have you noticed that not a single media outlet has followed up on the claim?

Generally, in Washington DC when the media ignores an issue, especially a major issue with large consequences; and doesn’t even attempt to snarkily debunk an explosive claim or belittle the person bringing the information; it’s usually because the claim itself has merit and the DC defenders do not want to give it any fuel for further discussion or awareness. {Direct Rumble Link}

So, what happened?

Essentially, what is being claimed is that a portal exists into FBI databases within the law firm that represents democrats.  This means access to FBI database searches exists inside the office of the DNC and Clinton legal group.  Think about the ramifications here.

If the whistleblower claim is accurate, the FBI can exploit the NSA database to conduct searches of all cell phone, computer, email, text message, social media, electronic communication and all private data/communication belonging to Americans; this would include geolocation.  If the FBI was operating within Perkins Coie since 2012, then the democrats have held access to fully intrusive electronic surveillance of their political opposition, or anyone else – anywhere, for a decade.

The FBI and DNC law firm working collaboratively on issues of joint importance goes far beyond the ‘image of impropriety or conflicted interest‘ and extends to the actual corruption within the foundational institutions of government.

Transparently, if these reports are accurate all of the inexplicable dynamics within the “two tiers of justice” suddenly reconcile.  The FBI and Perkins Coie having the ability to conduct electronic surveillance of any target is a major level of sunlight, that would reconcile years of visible issues.

Where is the follow-up?

CTH has long claimed there was some kind of direct portal link between the Clinton campaign team and the FBI databases.  There were too many trails of extracted non-minimized research evidence in the hands of the Clinton team that CTH could not trace to a transferring FBI official.  If Perkins Coie operated a portal in their office that allowed them to conduct search queries of American citizens, then everything would make sense.  That access portal is exactly what is being claimed and admitted in this report.

The start date of 2012 is important for several reasons, not the least of which is FISA presiding Judge Rosemary Collyer criticizing the scale and scope of unlawful FBI database access going back to exactly 2012.  Keep in mind a FISA-702 search, is simply an unlawful FBI warrantless electronic search of an American (“702” represents the American citizen) into the central database -maintained by the NSA- that contains all electronic data and communication.

I have been in the deep hole of the FISA-702 database search query violations for so long I don’t even need a flashlight.

The report from Matt Gaetz about Perkins Coie access to FBI databases, is in direct alignment with Rosemary Collyer’s prior report on FBI abuses of the database, 702 violations.  Notice the dates and scope Judge Collyer references [Source Link].

Non-compliant queries since 2012.

85% of the FBI and contractor searches are unlawful.

Many of those searches involved the use of the “same identifiers over different data ranges.”  Put in plain terms, the same people were continually being tracked, searched and surveilled by querying the FBI database over time.

The non-compliant searches go back to 2012.  The same date mentioned for the FBI portal to begin operating inside the Perkins Coie office.

This specific footnote is a key.  Note the phrase: “([redacted] access to FBI systems was the subject of an interagency memorandum of understanding entered into [redacted])”, this sentence has the potential to expose an internal decision; withheld from congress and the FISA court by the Obama administration; that outlines a process for access and distribution of surveillance data.

Note: “no notice of this practice was given to the FISC until 2016“, that is important.

Summary: The FISA court identified and quantified tens-of-thousands of search queries of the NSA/FBI database using the FISA-702(16)(17) system. The database was repeatedly used by persons with contractor access who unlawfully searched and extracted the raw results without redacting the information and shared it with an unknown number of entities.

The outlined process certainly points toward a political spying and surveillance operation.  When the DOJ use of the IRS for political information on their opposition became problematic, the Obama administration needed another tool.  It was in 2012 when they switched to using the FBI databases for targeted search queries.

This information from Jim Jordan and Matt Gaetz had the potential to be extremely explosive.  However, the absence of any follow-up reporting, or even debunking from the traditional guardians of the DC swamp is weird.  What’s going on?

I wrote about these suspicions in depth throughout 2017, 2018 and eventually summarized in 2019:

SEE HERE.

Terrorists Being Allowed Into The USA? (Ep. 1803) – The Dan Bongino Show


The Dan Bongino Show  Published published originally on Rumble on July 7, 2022

In this episode, I address the ongoing economic meltdown, and the puzzling response by the Biden Administration.

Biden Visits Saudi Arabia, Returns with an Empty Tin Cup and Urgent Need for More Windmills


Posted originally on the conservative tree house on July 16, 2022 | Sundance

Joe Biden is heading back from an embarrassing trip to Saudi Arabia and the middle east.  Putting aside the fact that physically and mentally Biden looked weak, foolish, and generally incoherent, in an odd way he was appropriately representative of the current of U.S. influence on the global stage.

Before getting to detail, first it is important to emphasize a point that doesn’t get attention domestically.  Democrats are exceptionally weak on all aspects of foreign policy, specifically because their modern ideology is based on hypocrisy of a stunning magnitude.

Domestically, the U.S. media protect democrats by spinning everything into the best light possible.

However, on the world stage the non-western leaders like Putin, Xi and MbS use that hypocrisy like geopolitical ammunition.

Examples… Domestically the U.S. media do not bring up the Joe Biden Afghanistan mess, the rise -and current legitimacy- of the terrorist Taliban; or the brutal mess Barack and Hillary created in Libya; or the unauthorized intervention into Syria that created ISIS; or the complete fubar that was an illegitimate invasion of Iraq; or Hillary’s insufferable “reset” in Russia; or their inability to deal with China’s proxy province of North Korea, because they pretend it’s not; or the current circus célebrè in Ukraine.

Each region, and there are many more, a typical example of how modern democrats are fundamentally weak on foreign policy.  It is not just Joe Biden either; just about every leftist head of state within the alliance of “western democracies” are also pathetically impotent when it comes to influence on a global stage.

The U.K’s Boris Johnson, Canada’s Justin Trudeau, New Zealand’s Jacinda Ardern and France’s Emmanuel Macron are collectively as pathetic as Biden when it comes to leadership and influence.  Once they step out of their ‘liberal democracy‘ bubble, and head into a nation that doesn’t have state run media like CNN, MSNBC, The Washington Post, Politico and/or The New York Times, those leaders look like the pathetic fools they are.

Biden and the rest of the leftist heads of state decry “autocracy,” and wax philosophically about “western democratic values”, while standing atop two years of their authoritarian pandemic rules, regulations, mandates and unilateral fiats.   Consider their chase for their beloved climate change energy policy and contrast it against their political pearl-clutching over the energy inflation they created.

Is it any surprise that Mexico’s President Andres Manuel Lopez-Obrador want’s nothing to do with the other two knuckleheaded leaders of North America who are selling windmills while regulating traditional oil, coal and natural gas out of existence?  At a certain point, a good neighbor has to look at the duct-taped landscaping and say this is ridiculous.  I digress.

The point is that the so called “western values” are nothing more than high-minded think tank talking points.  Nowhere in actual policy do you find western values exhibited in real world action.   Biden wants to confront Saudi Arabia Crown Prince Mohammed bin Salman (MbS), or Chinese Chairman Xi Jinping over possible human rights abuses, while the same Joe Biden is locking up his political opposition under the justification of an insurrection?  Wait, what?

Yeah, so we started a civil war in Libya and thousands of people are dying in the aftermath. So what?   Biden is here to talk about the Khashoggi splinter your eye, not the Abu Ghraib plank in his.  And, oh yeah, don’t you dare talk about Biden shutting down pipelines and his beloved Green New Deal, just give the U.S. more oil damn you, or something.

I remember well in 2016 when the U.S. media were saying Hillary Clinton was going to mop the floor with Donald Trump at a foreign policy debate.  All Trump had to do was point out the stupid Clinton state dept hypocrisies and it looked like he just threw a bucket of water on the wicked witch.  Hillary melted, and it was hilarious.

Fast forward four years later and another foreign policy matchup was scheduled between Joe Biden and Donald Trump.  Do you remember what happened?  If not, it wouldn’t be surprising, because THEY CANCELLED THE DEBATE.  Why? …

…. Because Trump the peacemaker had just introduced the Abraham Accords.  There was actual peace finally in the Middle east. The U.S. embassy in Israel was built in Jerusalem, without violence.  The U.S. under Trump had a peaceful relationship and mutual understanding with North Korea and Kim Jong Un.  North and South Korea were talking about reunification.  ISIS was destroyed; there was no longer any issue with Syria, and Turkish PM Erdogan was both accountable and on a leash.  There was no conflict with Russia; no expansion of NATO and every NATO country finally paying for their own defense.  Yeah, go figure, THEY CANCELLED THE DEBATE.

Donald Trump had the upper hand in all of his foreign policy engagements, because Trump foreign policy was not inherently based on hypocrisy.

Joe Biden, not so much…

From MbS as interpreted: “We agree on many things, but we differ on a few others. Every country has its own culture and circumstances. I respect yours, you respect mine. Do not impose your culture on us. Do not impose your beliefs on us.” … “We agree we need to do more for climate change, but you guys are doing it wrong by favoring certain energy sources over others. The world needs energy security. We need all energy sources including oil & gas. We are doing our part on both fronts: climate change & energy security.” … “The stage of a country’s economic & social development must be considered in climate change negotiations.” … “We are increasing our production capacity to 13 million barrels per day (from 12 mb/d), but that is it. We cannot do more.”  The message here is: You guys do your part and invest more if you want to avoid energy crises, recessions, and unemployment. Do NOT blame us!

(Via Wall Street Journal) – After his meeting with the crown prince, Mr. Biden said he felt confident that Saudi officials are supportive of increasing oil supply in the coming weeks. But Saudi officials tempered expectations, reiterating that the kingdom would do what is needed to balance the market if there is a shortage of supply.

Any action, Saudi officials said, would need to be coordinated with the rest of OPEC+, a coalition that includes the Saudi-led Organization of the Petroleum Exporting Countries and a separate group of crude producers led by Russia. OPEC+’s current production agreement is expiring at the end of August, setting up some crucial decisions about output for the Saudis and Russians in the next month.

[…]  Saudi Foreign Minister Prince Faisal bin Farhan said after the summit that there had been no discussion of military or technical cooperation with Israel.

Aside from the U.S. saying the Saudis would work to settle the war in Yemen, which it was already doing, the White House didn’t detail any specific human rights-related concessions that the kingdom agreed to during the meeting.

To the Saudis, the benefit of the visit was more immediately evident. From the moment Mr. Biden arrived at the gilded royal palace in this seaside city, Saudi officials enthusiastically held up the meeting as evidence of the crown prince’s renewed influence. State media promoted photos and videos of the two leaders together. Saudi newspapers later showcased images of the duo bumping fists and sitting together at a conference table. “All Weather Friends,” read one local headline.

“The fact that they’ve come and met means we can resolve these matters quicker and faster, because there’s a personal relationship, and the kingdom has historically had a personal relationship with the president of the United States,” said Princess Reema bint Bandar, the Saudi ambassador to Washington. “So, this isn’t a matter of turning the page. This is a matter of strengthening the relationship.”

Mr. Biden is the latest world leader to make the trip to see the 36-year-old crown prince after years of keeping him at arm’s length over the killing of Mr. Khashoggi. French President Emmanuel Macron traveled to Saudi Arabia in December, and British Prime Minister Boris Johnson made the trip in March. (read more)

Neil Oliver Outlines the Foolish Pantomime of U.K. Politics as the Candidates for Prime Minister Keep Pretending


Posted originally on the conservative tree house on July 16, 2022 | Sundance 

While Neil Oliver is describing the insufferable lack of political leadership amid the conservative party in the U.K, almost every point of his weekly monologue could just as easily apply to the United States or any other “western democracy.”   The current candidates to replace Boris Johnson are just an extension of the high-minded political class who are pretending to be different, yet they are identical in their globalist outlooks.

….”always the same lines from one leader after another – great reset, build back better, rules based liberal order. The theatrical parallels just keep coming – soap opera, pantomime, now a chorus line of high kicking dancers in perfect time.”…

Oliver asks simple, albeit frustratingly and brutally obvious, questions about what is missing in the candidates who are asking to become the next British Prime Minister.  Where is the candidate who represents the issues that matter, the one who isn’t playing a role in a never-ending soap opera that generates nothing except more drama to keep everyone distracted.

Neil Oliver’s points could just as easily be talking about the United States republican party, where almost every elected official is quite happily playing their acting role in the political soap opera, yet no one is doing anything to stop the insane policies that are destroying the foundation of life, liberty and the free pursuit of happiness. WATCH:

[Transcript] – The race for the leadership of the Conservative Party is a farce. Like a soap opera, it is no more than another distraction, something to take our minds off what’s really important in the world. It’s not just a Conservative Party problem, of course.

Across the political spectrum it is the same – a wholesale absence of truth – not their truth, the good old fashioned truth. They might be describing themselves as rival camps – Tory, Labour, Liberal – but where it matters, they’re all on the same page of the same script, written by someone else and delivered to them one page at a time.

Whoever ends up with the leading role, in Number 10 Downing Street this time, they intend for the show to go on, week after week and year after year. Old characters will be written out and new characters will fill in the gaps.

It seemed like madness to me – encouraging belief in a fiction. Anyway, for that reason among others, but mostly because I had more to do, I stopped watching. That was the soaps, of course. More recently I’ve realized the drama of Westminster is even less believable. Westminster is a pantomime. I turned off the soaps and more recently I have turned off Westminster.

Now we’ve reached that recurrent moment of whipped up and confected high drama in any soap, that the writers, journalists among them, evidently really enjoy – like a fire, or a plane crash, or a murder. It’s the leadership race.

I watched as much as I could bear of the televised debate the other night, which was about five minutes. God help us all, they’re not even good actors. I’m prepared to accept that one or two might have their hearts in the right place, or near enough – might honestly still genuinely be labouring under the misapprehension that parliament is a place where important decisions are made. There are therefore moments of apparent sincerity now and again. For the most part, the rest of them just phoned in their performances.

In the manner of a soap opera, or a panto, the plot moves on so fast you could break your neck keeping up with it. Most alarming and dispiriting for those of us with any kind of memory of plot lines just past, is the way the disaster of the last two years has been dismissed as though it never happened. Already we’re being offered a re-run, a repeat of an old series, all about five pence cuts on fuel duty and no mention at all of self-inflicted financial Armageddon.

Where, I want to know, is the candidate who will stand up and take some responsibility for the collective decision and disaster that was lockdown? Where is the candidate who will stand up and admit what we all know – what has been acknowledged across the board by economists, medics and a slew of other professionals – that lockdown was the most disastrous public policy decision of modern times? Most importantly of all, where is the candidate who will stand up and promise that while he or she is in Number 10, on no account will lockdown or anything remotely like lockdown be inflicted upon the people of these islands?

Where is the candidate who will speak out about what matters to the lives of people who live not on a stage or on a set, but in the real world? Where is the candidate who will declare that while she or he is in Downing Street, there will be no compulsory Digital IDs or vaccine passports or anything of the sort? Where is the candidate who will vow to protect the existence of real cash as the vital off ramp and alternative to any Digital Currency, programmable or otherwise?

Where is the candidate who will admit that the injections foisted upon billions of people around the world did not and do not work as advertised – cannot reasonably be described as vaccines because they do not prevent getting or transmitting the illness in question, getting sick with or dying from the illness in question? Where is the candidate who will declare that honest truth?

Where is the candidate who will say that while he or she is in office, there will be no mandated medical procedures for any man, woman or child?

Where is the candidate who will say that a woman is an adult human female, born that way? Where is the candidate who said that all along?

Where is the candidate who will say what we all know to be true – that the Green Agenda, Agenda 2030, Net Zero and the rest are the products of crippling stupidity that are already causing misery, and that can only cause much, much more misery in the months and years ahead if someone doesn’t find the brakes on this runaway train?

Where is the candidate who will stand up say it’s summer – and that for as long as there have been summers on this planet Earth, there have been some days, even here in these islands, that are uncomfortably hot? Where is the candidate who remembers when the TV weather maps used to have little celebratory suns dotted around them, instead of the islands coloured dark red as though on the point of bursting into flames at the same temperatures holiday makers jump on jet planes and head south in hope of finding and enjoying?

People’s lives and livelihoods are being destroyed – or shortly will be destroyed – unless someone is brave enough to admit that the emperor is not wearing any clothes. For as long as all the candidates just clap along with the rest of the wilfully blind – those that see the obvious and yet refuse to say so – then the cost of lockdown crisis will only deepen until none but the self-defined elite are clear of the rising floodwater.

I say that’s the least we might hope for, because it is my heartfelt belief that calling out the fiction of our present parliament is as much as any candidate might do for now. The meaningful decisions are taken elsewhere – by The City of London, by bankers, by the CEOs of planet-spanning corporate entities like Vanguard and Black Rock, by the place men fronting transnational NGOs – Klaus Schwab and his World Economic Forum, the WHO, the UN.

You don’t even have to subscribe to the idea of a one world government to acknowledge that our elected representatives are trumped by the agendas of big business and bigger banks in control of the world’s money supply. That our small fry are swimming in water dominated by whales and sharks who tell them what’s what is made plain by their use of language – always the same lines from one leader after another – great reset, build back better, rules based liberal order. The theatrical parallels just keep coming – soap opera, pantomime, now a chorus line of high kicking dancers in perfect time.

In the real world – the world we are discouraged from watching – farmers are rising in rebellion all across Europe – in the Netherlands, in Germany, in Italy, in Poland and many other places besides. Others are rising in support – the people of those countries, the truckers, the firemen.

These are real lives, real fightbacks against real imminent disasters, but we are supposed to look away and to be satisfied instead by watching to see who next warms her or his behind on the seat at the desk in Number 10 – anxiously opening the email every day that delivers the latest script – will he or she be written out next?

On the other side of the Atlantic is a soap opera that couldn’t be broadcast over here until after the watershed. President Joe Biden has to carry a cheat sheet to remind him of the script he can’t even remember from moment to moment. He has Ron Burgundy moments – Ron Burgundy, the legendary fictional news reader from the movie Anchor Man – who will read whatever is on the autocue, including his minders’ instructions about which lines to repeat for emphasis.

And then there’s the utterly compelling car crash role in the soap opera currently being performed by Biden’ own son, Hunter, not that we’re meant to tune in to that particular drama. Every day social media carries clips – apparently culled from that laptop of his, the one we’re still not supposed to know about, far less talk about – of a naked Hunter Biden, handgun in hand, or with prostitutes, or counting and weighing rocks of crack cocaine. Every time a clip is circulated, the social media platforms take them down. And then another crops up. And all the while Hunter is still at large, at events in plain view, at which the US media sees him and simply leaves him be, no questions asked either about his dodgy deals in China, Russia and Ukraine.

If we’ve got Downing Street, or The Only Way is Westminster, our cousins stateside seem to have Breaking Baddest.

I ask again – where is the candidate who will say that the sickness we need to talk about is the ideology that has infected all of our institutions, our politics, our schools, our universities, our civil service, our judiciary – the whole damned lot? Where is the candidate who will concede that we need to start again with fresh alternatives to those institutions that are beyond fixing, terminal cases?

Here is what’s needed. Here is the truth as I see it: the truckers who rose in Canada … the farmers rising in the Netherlands and across Europe … the people of Sri Lanka casting out their president … all of those are simply real people, flesh and blood with real lives, livelihoods, families, hopes and dreams, a sense of their own dignity and sovereignty.

Power belongs with the people, with us. What is wrong – and what more and more people are understanding is wrong – is control imposed upon people by corrupt institutions that long ago seized control of the creation of money.

The beginning and end of all that’s wrong now depends upon the people, the real people, regaining that control. This means remembering that governments exist to do what we tell them, not the other way around. We need a government that understands as much and that furthermore takes back control of money. Not the fantasy money banks create from nowhere and that doesn’t exist, anyway, until we pay it back with interest. I am talking about money that represents and is made real by its connection to the real wealth of the nation – its natural assets and, most of all, the creative potential of the people. Here in sovereign Britain that might be hundreds of trillions of pounds of debt-free money, unsullied by bankers’ hands.

What we’re being told and shown now … we’ve seen and heard it all before – delivered by better actors and dancers. Surely it’s time for the unalloyed truth – no fiction and no pretense. The honest truth delivered from the heart by someone real who properly cares about the people. Surely there are better songs to sing. (link)

Tucker Carlson Reveals Joe Biden Given Pills to Help Counter Cognitive Decline


Posted originally on the conservative tree house on July 16, 2022 | Sundance

Last night Fox News host Tucker Carlson walked through a timeline of Joe Biden’s continued cognitive decline, potentially dementia.  Within the segment Carlson calls out the current Biden officials who have known about Biden’s age-based impairments and yet ignored the issues in their lust for power.

There is an interesting reveal at 06:31 in the video below, as Carlson notes that during the 2019/2020 campaign, Joe Biden was being medicated in order to counteract the effects of his mental impairment.  WATCH (prompted):

If You Eat Today…


Armstrong Economics Blog/Uncategorized Re-Posted Jul 16, 2022 by Martin Armstrong

If you’re not from America, replace “Biden” with your elected official who is following plans for the Great Reset. The civilians and service members are the ones who truly keep our nations afloat and deserve praise for their efforts.

WWIII is not Worth Supporting Ukraine in a Land Grab


Armstrong Economics Blog/War Re-Posted Jul 16, 2022 by Martin Armstrong

The West is determined to invade Russia and they believe that they can destroy it despite the fact that they are no longer a communist nation or a threat. That does not seem to matter for they want war because Russia and China will not surrender their sovereignty to the United Nations under this Great Reset all for Climate Change & the WEF.

Indeed, many practical Western military strategists are starting to agree that Henry Kissinger’s advice must be taken and that peace negotiations should begin – NOW. There is a growing number of military strategists that realize that Russia and Belarus along with China and North Korea will all join to defeat the West and NATO which they see as the greatest threat now to humanity.

The West needs war because it can no longer maintain this Marxist socialism system borrowing endlessly with no intention to repay anything  back. This is coming to an end. Our computer has warned 40 years ago that the target for the collapse of socialism was due in 2023. Communism fell in 1989 and now it is our turn in 2023. Marx’s theories will be remembered throughout history. I find it interesting that it is forbidden even in the Ten Commandments warning that this idea of rob from one class to hand to another has never worked. We must now pay the price for this theory. When it was first imposed, over 200 million people died resisting communism in Russia and China. It is ironic that now we are the Marxism trying to impose our will upon Russia and China. What goes around, comes around.

Russia has been unable to use its air power because NATO is providing Ukraine with all the tactical information needed so they only need to turn on their radar minutes before launching and as such Russia cannot destroy those systems which have been supplanted by NATO. Either Russia takes out the AWACs providing that information which then is an act against NATO. The West thinks it is very clever in this arrangement but they really have entered the war and it is just a matter of time that this escalates out of control.

The danger here is that the West is pushing Russia into a very dangerous position. Russia can terminate the entire supply of arms to Ukraine by destroying dams that also form key bridges over the Dnepr. However, they can score a complete defeat of Ukraine by launching several dozen tactical nuclear weapons. What will NATO do then? These clever tactics of NATO being in the war but pretending they are not is a very risky game.

It is not likely that the West will ever take the advice of Kissinger and apply pressure to Kyiv to come to the table and face this unpleasant reality that they must relinquish their claim to territory occupied by Russians who they absolutely hate.