Tag Archives: Jeremy Corbyn

Sep 23 2024

Biden Harris Inflation Continues Crushing Middle Class – Only Donald Trump Has the Policies to Stop it


Posted originally on the CTH on September 22, 2024 | Sundance 

If there is one economic dynamic we have talked about on these pages more than the rest, its inflation.  {Background}

The root causes of inflation are two-fold, monetary policy and energy policy.  However, when combined they represent a predictable outcome.  Specifically predictable, when it comes to highly consumable goods that require a lot of industrial effort, labor, distribution and warehousing processes.  Thus, food inflation was/is worst.

Within all of the sectors most vulnerable to upward price pressure as a result of policy (monetary and energy), the main industry impacted by immediate and severe inflation is food, farming and agriculture.  Food, a highly consumable product with a thin supply chain, sees the results of inflation first and fastest.  Durable good inflation lags behind high-velocity consumable goods.

It was with this understanding CTH first warned in 2020 of what would happen coming out of the COVID Pandemic economic crisis.  We predicted and watched in 2020 as one-third of all food supplies were destroyed because 50% of the food supply chain (restaurants, cafeterias, schools, food trucks, essentially food away from home) was shuttered.

In the middle and latter part of 2020, the retail food supply chain (grocery stores), normally representing 50% of total caloric consumption, struggled to keep pace with massively increased demand on that side of the food supply.  The agricultural supply chain was completely screwed up in the USA when half of the normal food distribution (wholesale food away from home) was blocked from their business model.   The resulting impacts were entirely predictable for those who did not pretend.  We warned, and it happened exactly as we anticipated.

Then, making the predictive nature of food pricing more obvious, we watched as the Build Back Better or Green New Deal was thrust upon the entire western world dynamic.  This BBB/GND energy policy shift intentionally and purposefully exploded the cost of manufacturing and distributing food.  With massive and immediate increases in energy prices, the price of food skyrocketed quickly; because the impacts are fast in this sector.

Over the next several years the prices of food continued going up as the increased energy cost embedded within the agriculture sector.  Nothing about the price of food, or the ancillary processes within the industry, will change unless and until energy costs retreat.   In essence, with higher energy costs, food prices stay high; they are directly connected.

No other facet to food inflation is more substantial than the cost of energy to produce the product.  Farming and agriculture are energy dependent from fertilizer to farming equipment, fuel, processing, packaging, transportation, warehousing, storage, climate controls in distribution etc, everything is dependent on energy pricing.

High energy costs are why food prices (inflation) would always stay high, regardless of what happens in other sectors.  CTH talked about this at length long before the impacts came over the horizon.  We talked about preparing our families to offset this issue, but there is only so much you can do.

We are all currently feeling the intense increase in prices at the market, grocery store and supermarket, and the worst aspect to this dynamic is the reality that as long as energy prices remain high, food prices will never drop.  [NOTE: There is a smaller supply/demand impact; however, with most of the USA agricultural sector exporting food products (multinational corporations ie. Big Ag) the domestic USA supply is subject to globalized pricing.]

Bottom line.  As long as energy prices remain high, food prices will remain high.

The “great reset” per se’, was not a process that began after the pandemic. The pandemic was the beginning, ushering in the “great reset” by being the starting point of the mostly western, global energy shift.

Into this dynamic there is good news, one voice has clear eyes on the problem, and as a consequence, answers. President Donald Trump understands the nature of how the current price pressures that are crushing the middle-class can be reversed and removed. WATCH:

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Many people have written with appreciation for the CTH forecasts delivered in the fall of 2021.  I am thankful to have been of benefit to those who could take proactive measures to avoid the economic issues we faced in 2022 and beyond.  However, that financial pain has not subsided.   There’s only so much a person/family can do to offset rising energy costs.

I know just about every reader on these pages can relate to how financial fear can eat at you from the inside.  The life game of trying to figure out how to get from one week to the next, keep a roof over your head and keep the kids/grandkids safe and fed is fraught with trepidation.  I get it. Believe me, I get it….  But you just gotta keep going; whatever it takes.

Our heels are over the cliff, it’s already rough for most working families and people on fixed incomes.  We need MAGAnomics more now than any other moments in our lifetime.  This is why I was saying in 2023 we needed to focus at home; keep building that bunker safe and secure.

Then look to help/assist the neighbors, then the community, etc.  But start by being proactive at home and do not isolate.  Fear, worry, trepidation, foreboding etc, is worse when internalized.  Do not swallow it – reach out to a loving God, pray, release it, and then embrace the central purpose in life, fellowship.

Be patient, be respectful, be kind and caring. Don’t look for trouble. But when the time comes to fight, drop the niceties and fight for your family with insane ferocity.

Sep 22 2024

Ziegler Exposes Democrats For “Changing History” With Revised Retelling Of Hunter Biden’s Shakedown


Posted originally on Rumble By Bannons War Room on: Sep 21, 2024 at 01:00 pm EST

Sep 20 2024

Tim Hinchcliffe Breaks Down What The UN’s Global Digital Compact And Digital Control


Posted originally on Rumble By Bannons War Room on: Sep 10, 2024 at 07:00 pm EST

Sep 20 2024

Noor Bin Ladin Breaks Down Why The Globalists Are Pushing For Censorship World Wide


Posted originally on Rumble By Bannons War Room on: Sep 19, 2024 at 07:00 pm EST

Sep 20 2024

HUD Explores Cash over Housing Vouchers


using Vouchers

Posted originally on Sep 20, 2024 By Martin Armstrong 

socialism.meme_

The Department of Housing and Urban Development is toying with the idea of providing American renters cash aid instead of vouchers. Current vouchers only demand that tenants pay 30% of their income on rent, while the US taxpayers foot the rest of the bill. The department says it is still too difficult for would-be tenants to use these vouchers and would like to provide them with cash to use as they see fit.

Pilot programs are appearing across America. Philadelphia swapped out vouchers with cash for 300 renters across the city. Since the government is incapable of efficiently running these smaller programs, the waitlist for housing vouchers in Philadelphia overwhelmed the city to the point that it was shut down for a decade. Those in the pilot program earn under 50% of the local median income with a child under the age of 15. Not only is their portion of rent reduced to 30% of income, but the government has provided them with debit cards to cover the additional portion of rent. Technically, they can spend it however they see fit.

Housing development agencies say cash is preferable to vouchers as landlords bypass discrimination laws and are more likely to reject potential tenants who use government vouchers. If someone has a business, does it not make more sense that they would be hesitant to partner with someone who they know cannot pay? Advocates believe “red tape” items like unit inspections are causing delays. Advocates also insist that providing cash will directly will help these people move to safer neighborhoods, neighborhoods where the residents work and pay their share of taxes into the system. These people insist that everything should be done to provide for those who remain underemployed or underemployed without addressing the root problem.

Over 2 million Americans currently receive housing vouchers funded by taxpayers who are already struggling to house themselves, and over 12.9% of Americans receive some form of government assistance. Housing debt far surpasses any other for the majority of US households. That 2 million figure DOES NOT account for the 11+ illegal migrants and counting who the American taxpayers must also shelter. The US government is overtly incentivizing people NOT to work at this point. Why work a low-skill job when you can sit back and collect far more than you would from a paycheck? Why work toward a higher-paying career when you’re being handed cash with no strings attached? Why believe in the union of marriage when you’re paid more to have children out of wedlock? There is no emphasis on personal financial responsibility in the current system, as socialism relies on everyone sharing the burden of poverty.

Sep 20 2024

Harris Admits She Does Not Respect the Second Amendment


Posted originally on Sep 20, 2024 By Martin Armstrong 

They say it’s a conspiracy or exaggeration at best to claim the Democrats want to decimate the Second Amendment. The left talking points claim that they merely want to curtail access to guns, but resurface interviews prove that is simply not the case. Kamala Harris admitted that she believes authorities should have access to citizen’s private residences to “check to see if they’re being responsible” with firearms.

Second Amendment

“A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.”

Fourth Amendment

“The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.”

Unconstitutional

Encoded in the United States Constitution is the ability to bear arms. Our Bill of Rights clearly dictates that the government may not infringe upon our rights as American citizens to bear arms. Elsewhere, the Constitution forbids illegal searches and seizures. Yet, this is precisely what we could expect under a Harris presidency.

“We’re going to require responsible behaviors among everybody in the community, and just because you legally possess a gun in the sanctity of your locked home doesn’t mean that we’re not going to walk into that home and check to see if you’re being responsible,” Harris once said in 2007 when acting as district attorney of San Francisco.

Did she not attend law school? Harris claims she herself owns a fire arm, but per usual, rules for thee and not for me. Even far-left Governor Newsom called these measures extremes. “We’re not going to knock on everybody’s door, we’re not going to break in and inspect,” Newsom once said when questioned about gun regulation. Harris disagreed and said that these extreme measures would benefit the government in encouraging “certain types of behavior.” ‘When we create laws, it’s not only about creating an opportunity, if you will, to prosecute someone for committing a crime, but more importantly, when we legislate our values, it’s about trying to encourage certain types of behavior,” she said.

Harris does not respect American freedoms provided by the Constitution. Straight from the horse’s mouth, Harris believes LEGAL gun owners should live in fear of Big Brother barging in their home at any moment, violating both the Second and Fourth Amendments. She does not respect the First Amendment for free speech and likely will tie in “misinformation” with those “shared values” that permit the government to determine who may and may not defend themselves.

Sep 19 2024

Australia Prioritizing the Creation of a Wholesale CBDC


Posted Sep 19, 2024 By Martin Armstrong |  

The Reserve Bank of Australia (RBA) is rapidly developing a wholesale central bank digital currency (CBDC) as developed nations move toward a cashless society. RBA Assistant Governor Brad Jones announced that the bank is launching Project Acacia next month, with the goal of developing a wholesale CBDC within the next three years.

The first form of this digital currency is not yet intended for retail, but extensive research has gone into determining how Australia can transition away from hard currency. Last year, the central bank partnered with the Digital Finance Cooperative Research Center (DFCRC) to determine the best methods to begin transitioning away from the Australian dollar, with reports last stating “a CBDC could be viewed more as an enabling complement to, rather than substitute for, private sector innovation.” The program studied corporate bond settlements by the Australian Bonds Exchange, tokenized FX settlements, as well as offline payments from ANZ bank. The pilot program was met with some difficulties, but the central bank is now committed to uncovering the proper method prior to deployment. “Some uncertainties related to the bespoke nature of the pilot CBDC itself. For instance, the pilot CBDC was issued as a contractual liability of the RBA rather than under a legislative framework, as would likely be the case if a decision was ever made to issue a CBDC in the future,” the report added.

Jones indicated that industry forums will begin in 2025 to discover methods for deploying both wholesale and retail methods. “We have benefited significantly from engagement with industry and the academic community on various CBDC issues over recent years, and we now seek to put more structure around this dialogue,” he said. “These forums would play a similar role to those the RBA has convened in recent years with economists from industry and academia, to hear different views on monetary policy issues.”

For now, wholesale CBDC and tokenized commercial bank deposits are the priority. Jones called recent developments “revolutionary,” as they very well will change our monetary system. About 98% of the global economy, or 134 countries, are exploring methods to launch CBDCs successfully. The Australian Government will be the final decision-maker on the matter, and rest assured all governments are eager to implement an effective digital currency as soon as possible as they believe they will see a large uptick in taxation as no “money” can find its way off the grid under this system. Some of my sources say that governments believe they can increase taxation by up to 35% under a cashless society. “If cash usage continues to decline, it has been suggested in some jurisdictions that a retail CBDC may be needed to preserve monetary sovereignty,” Jones further stated.

Sep 19 2024

Supplemental Poverty Measure on the Rise


Posted originally on Sep 19, 2024 By Martin Armstrong 

poverty

The latest Supplemental Poverty Measure (SPM) found that at 12.9% of American households currently rely on government assistance, up from 12.4% one year prior. The figure was at 11.8% in 2019 and has risen every year under Biden-Harris. The data only factors in US households and not the tens of millions of illegal aliens who also rely on US government handouts.

Around 42.8 million Americans were in poverty in 2023, up from pre-pandemic levels of 38.3 million. We saw poverty levels decreased during 2020 and 2021 when the US government was providing nearly everyone with some sort of assistance to combat wages lost from COVID lockdowns. Those measures simply contributed to inflation and made it harder for those in poverty to move on without government aid.

The SPM factors in tax credits, noncash benefits, social insurance, and market income minus nontax expenses. If only factoring in market income net of necessary expenses, the number of Americans in poverty swiftly rises to 77.8 million. Social insurance programs are now factored into these resources so the data has declined by 28 million, and the addition of SNAP and noncash benefits reduced the figure by another 6.6 million. This certainly does not mean there are less impoverished people living in the wealthiest nation in the world.

Data can be manipulated easily to portray a strong economy. Simply put, more Americans have fallen into economic decline in recent years under Bidenomics. The data would be unbelievable if they actually took into account the migrants who are also living on government aid, and receiving more in aid than Americans citizens who paid into the system.

Sep 17 2024

Countries Grow Weary of United Nations


Posted originally on Sep 17, 2024 by Martin Armstrong

UNFavorability2024

The majority has always accepted the United Nations as a world governing force. Sentiment may be changing according to a new Pew Research Center survey that found support for this global conglomerate waning across the globe.

Of the 35 countries surveyed, 58% still have positive sentiments about the organization, but 31% see it as a negative power. Unsurprisingly, nations in the Middle East, like Israel, no longer support the alliance, but we are seeing declining confidence everywhere. Israel has long held unfavorable views, with 72% holding unfavorable views of the UN; 82% of Jewish Israelis now harbor resentment for the UN compared to 53% of Arab Israelis. Support among Israelis has fallen by 21% in the past year, and of course, the reason goes without saying.

Yet, this phenomenon has expanded everywhere, with over half the people in Japan, Greece, Tunisia, and Turkey falling out of favor with the organization. Support for the United Nations fell by 10 points in the United Kingdom, with 62% of Brits seeing the organization favorably compared to 72% one year ago. Mexico, South Africa, and France all experienced a 9% drop in confidence, with Germany down by 8% and South Korea, America, and Australia all reporting a 5% drop. Only Hungary (15%) and Argentina (6%) expressed increasingly positive views.

United Nations 2

Perhaps the people no longer see the United Nations as a neutral entity meant to play peacekeeper among nations. The world is waking up and realizing that this organization is rapidly growing in power and attempting to form a one-world government. The majority of those in the West have seen their leaders heed domestic policy in favor of international at the insistence of the United Nations, which partners with other global conglomerates like NATO to impose laws on citizens in nations where they simply have no jurisdiction.

The United Nations displayed the extent of their power during the COVID pandemic, and now are championing climate change initiatives and continually calling for governments to submit to their direction. This organization is pushing for the Great Reset with its Agenda 2030.

The International Monetary Foundation (IMF) has been spearheading the push to replace the sovereignty of individual states with a UN-backed global authority that will control everything from our digital identities to the direction nations take in war and trade. Then, they argue that nation-states should begin paying taxes to this entity over individual governments. According to our models, the United Nations, as we know it, will come to an end by 2031 following the old League of Nations.

Sep 13 2024

Essex Police Employs Biometric AI Data!


Posted originally on Sep 13, 2024 by Martin Armstrong |

Those in Essex, England, may have recently seen facial recognition trucks driving through the streets discreetly compiling data. England has long employed CCT cameras to capture criminal activity, but police in Essex are now using advanced biometric data to track each and every citizen.

Essex is using Corsight AI biometric software for its civilian monitoring program. The company has expanded its services across the world. “Our mission is to radically enhance the world of facial recognition technologies while holding ourselves to the highest ethical standards in personal privacy protection,” the Israel-based company states on its website. They can embed their software within existing cameras and track down individuals based on their biometric data.

Biometric Police Enforcement System9

The ethics behind such measures present a challenge. Who has access to this wealth of data? Individual organizations in the UK must obtain permission and be transparent about their policies, but no such restrictions exist for the government. We have seen countless data breaches in recent years, with independent hacker groups infiltrating every supposedly secure data center. Civil liberties groups believe the government is infringing upon human rights by spying on their every move, but governments no longer permit individual freedoms.

The last significant law that was passed surrounding these measures was in 2018 when the UK put forth the Data Protection Act that details how personal data may be collected, processed, and protected by law. Naturally, the government claims that they are only collecting data for public safety and will not misuse the technology. The law remains vague and technology has certainly advanced since 2018.

Yet, the UK is calling Corsight AI a victory and citing clean-cut arrests made using the technology. “In Southend, there were also five positive alerts, which resulted in two arrests—one for harassment and one for sexual assault,” police stated. Police claim that Corsight AI is primarily monitoring known offenders, people on watchlists, and “protected vulnerable individuals at risk of harm.” The program claims it “almost instantly” deletes user data if they do not meet the aforementioned criteria.

“Our live facial recognition technology is used to locate people we want to speak to in connection with ongoing investigations and to manage people with court orders or conditions. Criminals cannot think they can walk around our communities without being caught,” claimed Assistant Chief Constable Andy Pritchard calls Essex Police.

UK Biometrics and Surveillance Camera Commissioner Fraser Sampson admits that private companies will have access to user data. “We, the people, are now using sophisticated surveillance tools once the preserve of state intelligence agencies, routinely and at minimal financial cost,” he writes. “We freely share personal datasets – including our facial images – with private companies and government on our smart devices for access control, identity verification and threat mitigation. From this societal vantage point it seems reasonable for the police to infer that many citizens not only support them using new remote biometric technology but also expect them to do so, to protect communities, prevent serious harm and detect dangerous offenders.”

All of this is based on the premise that the government is there to protect citizens rather than treating everyone like a potential criminal.

Other nations will soon adopt this technology that was once reserved for warzones. Israel is using the program in its hospitals to identify deceased victims from the war with Hamas. The Mall of America has employed the service to deter shoplifting but public surveillance measures in the US have been met with a pushback. Paris used the AI service to monitor the crowds at the Olympic games.

The government must tighten its grip on the public as we move into 2032. We have seen the government take tyrannical measures to restrict freedom of speech both in person and online. Now, governments want to track their citizens’ movements, and the public has no say in the matter.

, governments want to track their citizens’ movements, and the public has no say in the matter.