Tag Archives: Jim Jordon

Nov 13 2023

Billions Unaccounted for at 25 US Government Agencies Re-Posted Nov 13, 2023 By Martin Armstrong 


Hunt Money

The Government Accountability Office (GAO) revealed that numerous government agencies had “discrepancies” in their 2022 budgets. Twenty-five agencies in total failed to properly report their expenditures to USAspending, which is intended to act as American’s guide to where their tax dollars are going. The GAO is now urging Congress to hold these agencies accountable.

To the surprise of no one, COVID related spending reports contained the largest errors. In fact, the Treasury stated $231.5 billion was budgeted for the pandemic in their annual report, but only $36 billion was reported to USAspending. Health and Human Services (HHS) stated they were spending $85.7 billion on the pandemic response, but reported spending $91.7 billion to USAspending. Homeland Security (DHS) had a $10 million discrepancy in reporting as well. Numerous entries totaling $1.2 trillion did not contain sources and did not state where the money was spent.

Government’s spending problem is far worse than anyone could imagine. Considering that no one wants to purchase US debt, the problem is becoming a crisis. The fact of the matter is that the people are not supported by their representatives who allow government agencies to rob citizens. This account only notes the agencies required to report their spending as almost a third (49 of 152) did not bother reporting at all. The checks and balances on government are simply gone but this will completely backfire as their reckless spending will soon catch up with them.

Nov 7 2023

Central Bank & The Taking of Assets? Re-Posted Nov 7, 2023 By Martin Armstrong 


Custodial Risk 1

I will be covering this in detail at the WEC in a couple of weeks. We are getting the same Conspiracy Theories regurgitated and twisted around. People are asking what is real and what is not. Suffice it to say, when you buy shares and leave them at the brokerage house, they remain in THEIR name – not yours. They are in STREET NAME, and that is why I have for years suggested you take delivery the same you would do with gold.

Brokerage SWEEP your account and sell the cash collectively overnight into the REPO market. If that night the entity they had lent it to defaults, you have lost your money and get in line because the corrupt New York counts will declare you are an UNSECURED creditor. Good luck. Just look at what Judge Martin Glenn did to the people who had money on deposit at MF Global.

Glenn

It was Martin Glenn who was the judge in New York on M.F. Global bankruptcy. He was the first one to engage in FORCED LOANS by abandoning the rule of law to help the bankers by protecting them from losses, taking client accounts to cover M.F. Global’s losses. That is no different from what we saw in Cyprus. He allowed the confiscation of client funds when, in fact the rule of law should have been that the bankers were responsible and M.F. Global’s losses should have been reversed. Never should the client’s funds be taken for M.F. Global’s losses to the NY Bankers. It was Judge Martin Glen who placed the entire financial system at risk by trying to protect the bankers. He pampered these bankers, making them the new UNTOUCHABLES. We have to be concerned that there really is no rule of law that will protect you in a crisis.

Nov 7 2023

Pelosi Subpoenaed in Undisclosed Criminal Case Re-Posted Nov 6, 2023 By Martin Armstrong


 
Nov 4 2023

Weirdness Abounds – New York Judge Engoron Expands Gag Order to Stop Trump Defense Attorneys from Discussing Instructions from Court Clerk


Posted originally on the CTH on November 3, 2023 | Sundance 

The judge in the New York City case against Donald Trump and the Trump organization has transparently been a little goofy.  From the first day when he posed for the cameras, to the sketchy application of legal review within the case, Judge Arthur Engoron exhibits the classic traits of being weird and unstable.

There is a pattern amid the deployment of Lawfare that deserves some background context.  Whenever Lawfare is deployed there are always background characters who are seemingly needed to keep the bizarre interpretations of Lawfare tactics on track.

We saw this play out with Debra Katzenberg, Monica McLean and David Laufman controlling Kavanaugh accuser Christine Blasey-Ford.  We saw it again with Mary McCord playing the role in the background of the Trump Lawfare impeachment to guide Jerry Nadler and Adam Schiff.  We saw it again with Andrew Weissmann and Norm Eisen guiding Special Prosecutor Jack Smith from the backbench of Lawfare.  In each case the principal activity is guided by Lawfare ideologues who use position to influence.

In the Judge Engoron example, court clerk Allison Greenfield has been passing notes and instructions to Engoron as the case has progressed.  The activity has become so disconcerting that Trump’s lawyers have called it out in court as it happens {Breitbart Link}.  In response to the sunlight upon the visible activity, Judge Engoron has now expanded his gag order to prohibit Trump’s lawyers from drawing attention to the activity of Ms. Greenfield.

NEW YORK — The judge overseeing Donald Trump’s ongoing civil fraud trial issued another gag order on Friday — this time prohibiting all lawyers working on the trial from “from making any public statements, in or out of court, that refer to any confidential communications, in any form, between my staff and me.” (link)

The issuance of the gag order is weird because the entire dynamic of the clerk instructing the judge is weird.   The gag order is an effort by Engoron to stop people from noticing it….  Yeah, that’s exponentially weirder.

POLITICO – [Trump Attorney Chris] Kise complained about Greenfield’s habit of passing notes to Engoron during proceedings, suggesting she is improperly influencing his decisions. Engoron reacted sharply to that complaint, telling Kise, “I have an unfettered, absolute right to consult with my law clerks” and saying he wouldn’t tolerate future comments about his staff.

Kise, though, continued to argue that he needed to state objections on the record for the purposes of an eventual appeal. “If notes are being passed at certain specific times or they’re being passed in a way that might indicate some bias,” he said, “that’s a record that needs to be made contemporaneously.” (more)

As noted by Henry Rossof from inside the court today, “Judge Engoron said he will note a continuing objection to his consultation with his clerk but does not want anything more said about her… he will still consult.”

“I have an absolute, unfettered right to consult with my law clerks anywhere, anytime,” Engoron noted. “There’s no more need to make a record” [of it within the court when it occurs] he concluded.

After this series of exchanges today, Engoron then expanded his court order to forbid the Trump lawyers from telling the public about what was happening between him and his clerk in the court.

Yup, weird, sketchy and fitting right in with the pattern of how Lawfare is deployed.

These people are ideologically not stable.

Nov 4 2023

DC Appeals Court Overrules Judge Chutkan Gag Order


Posted originally on the CTH on November 3, 2023 | Sundance

A three-judge panel of the D.C. Circuit Court of Appeals has lifted District Judge Tanya Chutkan’s gag order prohibiting Trump from criticizing the special counsel, Jack Smith, or “any foreseeable witness” in the case. [2-Page Opinion Here]  In my opinion, it was the generalized “foreseeable witness” part of the Chutkan order that became the central issue for the appellate court.   Jack Smith could name anyone as a potential witness, just to silence the accused.

President Trump’s team previously indicated in their filing to the appeals court that they are prepared to seek immediate relief at the Supreme Court. However, at least now, that approach will not be needed as the DC Appellate Court has blocked the gag order.

[ SOURCE LINK ]

It is a win for Donald Trump amid a highly political DC Circuit.

If the appeals court had ruled to uphold the gag order, they would have opened the door for the U.S. Supreme Court to weigh in and potentially overturn the lower rulings.  Therefore, appeals court was most likely not willing to see their own credibility rest on the language of a motion written by Judge Chutkan.

In the ruling, the appeals court will accept briefings and oral arguments prior to making their own ruling on the matter.  That will make any advancement to the Supreme Court much less likely to succeed.  There’s a bit of court credibility and preservation playing out in this dynamic.

WASHINGTON – A federal appeals court on Friday lifted a gag order reining in Donald Trump’s comments about the criminal election-subversion case pending against him in Washington.

At the former president’s request, a three-judge panel of the D.C. Circuit Court of Appeals temporarily lifted U.S. District Court Judge Tanya Chutkan’s order prohibiting Trump from using his public statements to target special counsel Jack Smith and his team, court officials and potential witnesses in the case.

The appeals court’s action makes it likely that the gag order, which Trump contends violates his First Amendment rights and those of his supporters, will be sidelined for more than two weeks and perhaps longer. Trump has also complained that the order interferes with his rights as a presidential candidate to argue to voters that he is being politically persecuted by the Biden administration.

The D.C. Circuit set oral arguments on the gag order issue for Nov. 20. The panel issuing the order consisted of two Obama appointees — Patricia Millett and Cornelia Pillard — as well as the court’s newest member, Biden appointee Bradley Garcia. (read more)

…”No court in American history has imposed a gag order on a criminal defendant who is actively campaigning for public office—let alone the leading candidate for President of the United States. That centuries-long practice was broken on October 17, 2023, when the district court entered its Opinion and Order, A1 (the “Gag Order”), muzzling President Trump’s core political speech during an historic Presidential campaign.

Given the Gag Order’s extraordinary nature, one would expect an extraordinary justification for it. Yet none exists. President Trump has made months of public statements about this case, but the Department of Justice (“the prosecution”) submitted no evidence of any actual or imminent threat to the administration of justice. Instead, when asked about the supposed threat to the case, the prosecution admitted, “of course this prejudice is speculative.”

Based this speculation, the district court entered a sweeping, viewpoint-based prior restraint on the core political speech of a major Presidential candidate, based solely on an unconstitutional “heckler’s veto.” The Gag Order violates the First Amendment rights of President Trump and over 100 million Americans who listen to him.

President Trump’s uniquely powerful voice has been a fixture of American political discourse for eight years, and central to the American fabric for decades. The prosecution’s claim that his core political speech suddenly poses a threat to the administration of justice is baseless. The prosecutors and potential witnesses addressed by President Trump’s speech are high-level government officials and public figures, many of whom routinely attack President Trump in their own public statements, media interviews, and books.

President Trump’s viewpoint and modes of expression resonate powerfully with tens of millions of Americans. The prosecution’s request for a Gag Order bristles with hostility to President Trump’s viewpoint and his relentless criticism of the government—including of the prosecution itself. The Gag Order embodies this unconstitutional hostility to President Trump’s viewpoint. It should be immediately stayed.

President Trump requests a ruling on this motion by November 10, 2023, and requests an administrative stay pending the Court’s ruling. President Trump has notified the prosecution, who note that they oppose this motion. President Trump respectfully asks that this appeal be expedited to the greatest extent possible.”..

~ President Donald J Trump, Legal Team 

Nov 3 2023

Sam Bankman-Fried Found Guilty on All Seven Counts


Posted originally on the CTH on November 2, 2023 | Sundance

Crypto conman Sam Bankman-Fried has been found guilty on all seven counts of fraud and conspiracy. The evidence was overwhelming and the three former executives who worked side by side with him testified against him.

Former Alameda CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh, said SBF directed them to commit crimes, including the looting of FTX and lying to lenders and investors about the companies’ finances.

NEW YORK, Nov 2 (Reuters) – FTX founder Sam Bankman-Fried was found guilty on Thursday of defrauding customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former billionaire’s fall from grace.

A 12-member jury in Manhattan federal court convicted him on all seven counts he faced after a monthlong trial in which prosecutors made the case that he stole $8 billion from the exchange’s customers out of sheer greed. The verdict came just shy of one year after FTX filed for bankruptcy in a swift corporate meltdown that shocked financial markets and erased his estimated $26 billion personal fortune.

The jury reached the verdict after just over four hours of deliberations. Bankman-Fried stood and clasped his hands together as the verdict was read.

Bankman-Fried had pleaded not guilty to two counts of fraud and five counts of conspiracy.

The conviction represented a victory for the U.S. Justice Department and Damian Williams, the top federal prosecutor in Manhattan, who made rooting out corruption in financial markets one of his top priorities. (read more)

…”FTX cofounder Gary Wang, who was FTX’s chief technology officer, revealed in his testimony that Bankman-Fried directed him to insert code into FTX’s operations so that Alameda Research could make unlimited withdrawals from FTX and have a credit line up to $65 billion. Wang said the money came from customers.”… ~ Politico

Nov 2 2023

Senator JD Vance Vows to Block All DOJ Nominees While Biden Uses Weaponized Justice to Target Political Opposition


Posted originally on the CTH on November 1, 2023 | Sundance

More of this is needed.   Today, Illinois Senator Dick Durbin (D) and Ohio Senator JD Vance (R) confronted each other in the upper chamber over DOJ nominees that Senator Vance refuses to advance with unanimous consent.

Durbin was furious at the blocks JD Vance was putting in front of the Joe Biden nominees for U.S. Attorney and criticized Vance for campaigning on “law and order” while blocking those DOJ nominees advanced by Durbin.  In response, Senator Vance delivered remarks promising to block every DOJ nomination as long as Joe Biden continues weaponizing Main Justice and the USAO nominations to target his political opposition.  WATCH [prompted to the Vance response]:

.

JD Vance has some tenuous network affiliations in his background that give me a little pause; however, on the substance of this issue, he is righteous in this approach.

There has been little, if any, Republican push-back to the radical nature of the onslaught brought forth by Biden, DAG Lisa Monaco and AG Merrick Garland.  Factually the Lawfare tactics have increased in weaponized intensity throughout the Biden term in office.

The Republican House has the ability to block the funding mechanism, and the Republican minority in the Senate have the ability to block the nominees. Until now, we have seen little, if any, effort by either chamber to bring the Biden rogue elements to heel.  Perhaps this is the start.  Regardless, it is at least a step in the right direction.

This is a time of great consequence, deliberate choosing and decisions to be made.

History will long remember where each of the participants in our governmental bodies stand in these moments of crisis.

A based Senator JD Vance is making a good decision.

Nov 2 2023

Senator Rand Paul Opening Statement During Senate Homeland Security Hearing


Posted originally on the CTH on November 1, 2023

During yesterday’s Senate Homeland Security and Government Affairs Committee hearing, Kentucky Senator Rand Paul took the opportunity to confront the Dept of Homeland Security (DHS) and FBI with the recent history of their activity.

As noted by Senator Paul, the past several years exhibits clear and irrefutable evidence of the DHS and FBI working collaboratively to conduct surveillance on American citizens, while simultaneously violating the first amendment by coordinating with big tech social media companies on censorship.  WATCH:

Everything Rand Paul says in that statement is factually correct.  However, highlighting just how the game of pretending is conducted in DC, at the end of hearing Senator Rand Paul -joined by Senator Lindsey Graham- voted to approve Jack Lew as Joe Biden’s ambassador to Israel.   Quite a shift in ideological priority considering that Jack Lew was the primary cover-up official responsible for protecting Obama from exposure to the IRS targeting operation against conservatives.

Additionally, prior to his job as Treasury Secretary, and prior to his position as President Obama’s Chief of Staff, and prior to him being Obama’s Budget Director (comical considering Obama never had a budget) Jack Lew served as State Department Director under Hillary Clinton.    It was Lew’s influence that shaped and positioned the failed Obama/Clinton foreign policy toward the Middle East.   Specifically, toward Tunisia, Egypt, and Libya during their upheaval, the Arab Spring.   How did that work out for our interests?

For those who believe the bankers control everything, Jack Lew is a case study.

President Obama’s first chief of staff was Rahm Emanuel, he sat on the board of troubled federal mortgage giant Freddie Mac.  Obama’s second CoS was Bill Daley, a previous top executive at financial firm J.P. Morgan Chase & Co.   Next came Jack Lew.

From 2006-2008, Jack Lew was chief operating officer of Citibank’s alternative investments division. And it was his division that made billions of dollars betting “U.S. homeowners would not be able to make their mortgage payments.”

Lew  made millions at Citi, including a bonus of nearly $950,000 in 2009 just  a few months after the bank received billions of dollars in a taxpayer  rescue, according to disclosure forms filed with the federal government.    Jack Lew was CEO of Citibank’s hedge fund of “credit default swaps“,  the financial tool that devastated the housing equity market and created the subsequent economic collapse.

Notice the pattern?

I digress…

Hey, at least Senator Paul can talk eloquently about the constitutional protections being usurped in real time.   Doing something about it, not so much.

Oct 28 2023

It’s Just Our Turn


Armstrong Economics Blog/Geopolitical Re-Posted Oct 28, 2023 by Martin Armstrong

This is not my only source about terrorist cells moving into the USA because Biden has opened the borders. The open border has had two objectives. Democrats in Texas are already pushing that illegal aliens should be allowed to vote. They are being joined nationally and Biden will do an executive order to allow them to vote pre-2024  if we even get to an election.

The Democrats see this as changing America to wipe out the Republican opponents. The LEFT has determined to end freedom and democracy just like Zelinsky – it will be their way or no way! I have been to Texas recently, where people are concerned about the flood of illegal aliens.

However, they have DELIBERATELY allowed terrorist cells to enter so they can justify more restraints upon our freedom to even move. Welcome to the decline and fall of the United States. Don’t get upset. Communism fell in 1989. It’s just our turn since there are 34 years to this cycle.

Oct 28 2023

Ken Paxton Asks Court for Restraining Order to Stop Biden Administration from Cutting Down Border Barriers and Barbed Wire


Posted originally on the CTH on October 27, 2023 | Sundance |

Earlier today Mike Lee sent this little bit of raw data from the border, “In the last 4 weeks alone (since the beginning of FY2024), the Border Patrol in the Rio Grande Sector has apprehended 5 illegal immigrants from Afghanistan, 19 from Syria, and 75 from China. It’s not a stretch—in fact, it’s putting it mildly—to say “they might not mean us well.” {link}  It is very concerning to think about who is walking into our country.

Earlier today, Texas AG Ken Paxton also asked the court for a restraining order against Joe Biden’s administration who are taking down border barriers and cutting through barbed wire in order to increase the flow of illegal aliens. [Court Filing Here] AG Paxton wants the court to stop Biden from opening the border.

TEXAS – Texas Attorney General Ken Paxton filed a motion for a temporary restraining order on an emergency basis after federal agents escalated their destruction of Texas’s barrier at the State’s border with Mexico. The federal government’s renewed effort to destroy Texas’s barrier and assist aliens’ entry into the country follows just days after Texas filed a lawsuit against the Biden Administration’s Department of Homeland Security (“DHS”), DHS Secretary Mayorkas, and other agencies for numerous documented incidents of barrier destruction and occasions on which federal agents facilitated aliens’ mass entry during a severe immigration surge in recent months. 

Texas is seeking an order that would enjoin federal agents from cutting, destroying, damaging, or otherwise interfering with Texas’s concertina wire fence. (link)