Johnson & Johnson Vaccine Recall


Armstrong Economics Blog/Vaccine Re-Posted May 9, 2022 by Martin Armstrong

The FDA has finally admitted what we knew all along – the vaccine is not safe. The FDA said it is limiting the availability of Johnson & Johnson’s COVID-19 vaccine as it does indeed cause blood clots. The agency also noted that the vaccine presents a risk of thrombosis with thrombocytopenia syndrome.

The health agencies are still pushing the vaccines from Moderna and Pfizer. How are they any different? The US government has a long history of punishing Johnson & Johnson for their illegal activities, from asbestos-laced baby powder to cancerogenic sunscreen. Yet, all pharmaceutical manufacturers are exempt from penalty for the COVID-19 vaccine, citing a national emergency.

FDA’s vaccine chief Dr. Peter Marks said that the risk of death is still better than not getting the jab and said Johnson & Johnson’s version may be used as a last resort. Johnson & Johnson was hoping to rake in $3.5 billion this year from the vaccine alone. All of this comes down to money and control. The government and businesses forced mandates with complete disregard for public health. The talking heads gaslit the world for years into believing anyone who questioned the vaccine was a conspiracy theory lunatic, unfit for society.

They have known the truth all along. The Johnson & Johnson vaccine came into question in April 2021. Here is Fauci maintaining that the Johnson & Johnson vaccine was “safe and effective” despite knowing it could be deadly:

Lying Biden


Armstrong Economics Blog/Politics Re-Posted May 8, 2022 by Martin Armstrong

Biden has been lying to the public since he entered his political career decades ago. Yet, he allegedly received more votes than any US president in history. Trust no one.

The Fed & The Collapse of Socialism


Armstrong Economics Blog/Basic Concepts Re-Posted May 6, 2022 by Martin Armstrong

QUESTION: Been following Martin since 2008 (Gold ride) – he is the only one who has been right AU and AG top 2011.
****Important question for Martin, please
How can the fed raise rates with governments owing so much debt please ???? what are the consequences of debt restructured? 100 year treasury real estate
Thanks you so much for sharing all your insights

JT

ANSWER: The Federal Reserve is independent. Despite all the nonsense that these pretend analysts attribute everything to the actions of the Fed, if they really knew their history, they would realize that the Fed has often been at war with the White House. You cannot be an objective analyst when you predetermine a conclusion based upon a theory you choose to believe. This is the sad state of analysis these days. People start with the conclusion and then cherry-pick the facts to support what they think should be the outcome. This is what has plagued gold analysis, but the very same process has doomed climate change analysis and the destruction of the world economy.

Unfortunately, when it comes to the Quantity Theory of Money, these analysts take the position of politicians and exonerate themselves of all responsibility for their reckless fiscal spending. They endlessly try to bribe the people to vote for them. I have stated many times, pre-1971, when it was illegal to borrow against an E-Bond, for example, the theory was printing money increased the supply and was inflationary. Thus, borrowing did not increase the money supply and was not inflationary. But when you can post T-Bills as collateral and trade the markets, that theory is no longer valid, so debt is now simply money that pays interest the way it began in 1861. We seem to always return to the starting place, like the game of Monopoly where you must pass Go every trip around the board.

Socialism is the worst form of government; just look at the Democrats. They do not know how to run for office without promising free something or other. It is never about the fate of the world, the nation, or our families. They are promoting war because they assume that the people will not change the government in the middle of a war. They have no problem watching our people die.

The Fed has ZERO control over fiscal spending. Nevertheless, the Fed has been itself brainwashed, and because everyone blames them for inflation, they will be compelled to raise rates or suffer the calls for their overthrow. The increased cost in the deficit will never be blamed on them — only the inflation rate. This is why the central banks have ZERO control over the economy anymore. Soon, people will wake up and realize that this statement is true. When they do, we will get a 1987-style panic.

Here is a chart of the dollar index. The dollar had already begun its decline when they stood up at the Plaza Accord, announcing they wanted the dollar down by 40%. As the dollar began to fall rapidly, other member nations complained. In February 1987, they gathered together to announce that the dollar had fallen too far and enough was enough. When the dollar continued lower, the then G7 lost all credibility, and the markets suddenly realized they were not in control.

This is what we will see once again. This type of inflation was caused by the COVID lockdowns. China may really have shut down Shanghai to push inflation even higher in the West, seeking regime change in Washington, hoping the inflation will lead to a political blood-bath for the Democrats to get the world back to some normalcy. When inflation is set in motion because of a shortage, like crop failures, raising interest rates will not suddenly make it rain.

The Fed will act out its role because it has no other choice. Its rate hike this week is only playing catch-up with the market. Rates are rising because they are supposed to reflect the inflation rates plus a profit. That’s without the Fed trying to manage the economy. Just look at the rates and ignore the pundits. You will see that the Fed is chasing the market, it is not driving the market. Hence, the Fed is being compelled to raise rates not by its own desire to prevent inflation, but to keep pace with the markets themselves.

The idiots will blame the Fed as inflation rises and blame them for not acting. There is no saving grace for the Fed. The system is collapsing and this is in fact what gives Klaus Schwab power, for they know in Europe that they can no longer borrow money to fund socialism. The answer is to default on all debt and to hide that, they need to make it sound like they are doing this for you — who they care so much about.

Hence, this default will be disguised as relieving you of all your debt when it is the governments who are defaulting, and unable to raise interest rates in Europe. This is also the backdrop to the Repo Crisis and why US banks withdrew from making markets because they did not want to take European debt as collateral, forcing the Federal Reserve to step in.

Pelosi’s delegation went to Ukraine and said the US does not want peace and it will not accept the status quo. They want total victory against Russia and they have UNCONSTITUTIONALLY declared war on Russia and they are pretending they can act unilaterally and as long as the Ukrainian people are on the ground and not American troops, then it is not formally a war that only the people can declare under the constitution. This is all a cover for the Great Default because Keynesian Economics has completely failed. The central banks CAN NOT stop this inflation nor do they control the fiscal spending. Governments are now spending whatever they want because they know the Great Default is coming. This is all part of the Great Reset pushed as the solution by the World Economic Forum.

As we move head-first into 2032, we are looking at the total collapse of not just socialism because of the inability of European governments to continue to borrow as the Fed raises rates, and they cannot, but we are also staring into the eyes of the collapse of Republican forms of government on a global scale.

The REAL Insurrection – The Office of The President, The Executive Branch, Publicly Declared Support For the Political Targeting of the Judicial Branch


Posted originally on the conservative tree house on May 5, 2022 | Sundance

You might remember that ancient time in history when American civics discussions involved the separation of powers.  Apparently, those days are long gone in the rubble of what was once considered a constitutional republic.  Forget Joe Biden targeting the President of Russia for assassination, what happened today is far more serious in context.

The most powerful political office in the executive branch of government, the office of The President, is now endorsing the political, potentially violent, targeting of the justices within the most powerful office of the judicial branch of power, the justices of The Supreme Court of the United States.

Pause for a moment and let that settle in.

The President is now endorsing the targeting of Supreme Court justices.   The Executive Branch is now publicly targeting the Judicial Branch.

Separate but co-equal?  Again, think about the ramifications here.  WATCH:

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FDA Limits Use of Johnson and Johnson Vaccine Due to Blood Clots


Posted originally on the conservative tree house on May 5, 2022 | Sundance 

The FDA has limited the use of the Johnson and Johnson COVID vaccine to only those over 18-years-old due to blood clotting issues. [Press Release Here] Johnson & Johnson’s Covid-19 vaccine is now limited to adults due to the risk of a rare blood clotting syndrome.

FDA – “Today, the U.S. Food and Drug Administration has limited the authorized use of the Janssen COVID-19 Vaccine to individuals 18 years of age and older for whom other authorized or approved COVID-19 vaccines are not accessible or clinically appropriate, and to individuals 18 years of age and older who elect to receive the Janssen COVID-19 Vaccine because they would otherwise not receive a COVID-19 vaccine.” (read more)

WHAT CHANGED? – “The FDA and CDC have continuously monitored for and investigated all suspected cases of TTS reported to VAERS. In an updated analysis of TTS cases following administration of the Janssen COVID-19 Vaccine that were reported to VAERS through March 18, 2022, the FDA and CDC have identified 60 confirmed cases, including nine fatal cases. The FDA has determined that the reporting rate of TTS is 3.23 per million doses of vaccine administered and the reporting rate of TTS deaths is 0.48 per million doses of vaccine administered.”

White House Announces Karine Jean-Pierre to Replace Jen Psaki Effective May 13th, Biden Also Reinstalls Media Fixer Anita Dunn


Posted originally on the conservatives tree house onMay 5, 2022 | Sundance

The White House has announced {SEE HERE} that Karine Jean-Pierre will replace Jen Psaki as chief narrative engineer for the Biden regime effective May 13, 2022.  Anita Dunn will return as media fixer.

[White House Press Release] – Today, President Biden announced Karine Jean-Pierre has been promoted to be Assistant to the President and White House Press Secretary. Karine will step into the Press Secretary role replacing Jen Psaki, who will depart from the White House on May 13.

Statement from President Biden: “I am proud to announce that Karine Jean-Pierre will serve as the next White House Press Secretary.

“Karine not only brings the experience, talent and integrity needed for this difficult job, but she will continue to lead the way in communicating about the work of the Biden-Harris Administration on behalf of the American people. Jill and I have known and respected Karine a long time and she will be a strong voice speaking for me and this Administration. (read more)

Additionally, the White House has announced Anita Dunn will return to the JoeBama administration as senior advisor.  Dunn’s specific expertise is using pressure, blackmail and political leverage to control information distribution by media organizations.

The reappearance of Anita Dunn aligns with the expressed intent of the DHS ‘disinformation’ board.  Dunn’s professional political skillset surrounds being a paid media fixer.   She has done this for multiple democrat politicians including Obama.  It was Anita Dunn who used her position in the Biden campaign to demand that media stop allowing Rudy Guiliani to explain the Biden family ‘pay to play’ financial system of selling influence.

Anita Dunn also advised Harvey Weinstein how to remove media stories of his Hollywood rape issues.

Dunn reappearing makes sense, as the U.S. government objective to control information is now in full swing.

JoeBamanomics, 77 Percent of Americans Rate Economy as Poor, 23 Percent Say Good, 63% of Americans Buying Fewer Groceries


Posted originally on the conservative tree house on May 4, 2022 | Sundance 

May 4, 2022 | Sundance | 38 Comments

CNN conducted another poll to evaluate voter trends [pdf data here].  The results show a significant drop in American opinion of the economy with 77% rating the current status as “poor,” and 23% saying it’s “good.”  Additionally, 66% of people polled disapprove of the way Biden is handling the economy.

As CNN painfully noted: “Even within the Democratic Party, just 7 in 10 approve of Biden on the economy (71%) and helping the middle class (71%), considerably lower than the 86% of Democrats who approve of his performance overall. Fewer than half of Democrats say Biden has improved the nation’s economic standing (45%), down from 58% in December.” (article link)

In the video discussion, CNN Political Director David Chalian is just gobsmacked, stunned and amazed that 63% of these people are saying they are buying fewer groceries because stuff is just too expensive. WATCH:

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Whenever voters put democrats in charge of the economy, it just sucks.

Full Poll Pdf HERE }

Fed Raises Interest Rates .50 Percent, The Purposeful Inflation is Expected to Continue


Posted originally on the conservative tree house on May 4, 2022 | Sundance

As expected, the Federal Reserve has raised interest rates .50%.  However, inflation is expected to remain high as prior spending debt bubble remains in place.

WASHINGTON, May 4 (Reuters) – The Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 years, and the U.S. central bank’s chief made an appeal to Americans struggling with high inflation to be patient while officials take the hard measures to bring it under control. (read more)

Within hours of the announcement, major U.S. banks including JPMorgan Chase & Co, Wells Fargo Bank and Citibank raised their prime rate to 4%, effective Thursday.

The timing of the rate increase is what was expected.  Last year’s inflation spikes started appearing in June of 2021.  By delaying the 2022 FED response until right now, the political operatives in control of U.S. monetary policy create a scenario where the Fed impact will appear to surface in June of 2022. Exactly one year from the date of the first wave of inflation from the prior COVID spend.

Year-over-year inflation will statistically begin to give the appearance of moderation, once the June (’21) to June (’22) comparison cycle arrives.  The Fed and White House will use the intentionally timed statistical outcome to claim inflation is diminishing.  It’s a political trick we expected.

The key to remember is the western government debt incurred during COVID-19 is the problem.  The debt incurred is unsustainable, and that debt burden can only be reduced by devaluing the currency.  Inflation is the devaluing of currency that makes the debt manageable.  Dollars that are worth less also make the dollar-based debt worth less.

From the position of the government inflation is good, it makes the debt burden less heavy.  Unfortunately, that same inflation makes our money worth less, and our wages are chewed up by higher prices. Wages are destroyed by the increased prices the prior spending created.

In this inflation/debt position, the BlackRock/Vanguard approach of physical ownership of real estate and physical stuff becomes way more important than holding money or dollars which continue to lose value.  Physical ownership of material stuff is important right now, that’s why we have seen massive institutional investors purchasing real property and physical assets.

It’s not just a U.S. problem, all western government’s went on a COVID economy spending spree, and the scale of their spend/debt is directly proportionate to the current rate of their inflation.  The U.S. inflation is highest amid western economies because the U.S. government spent the most.

As the Fed raises interest rates, the Biden administration will continue spending money to keep inflation high.   When it comes to the rate of inflation, the Fed is putting one foot on the brake, while congress keeps it’s foot on the gas.

Remember, and emphasize as much as needed for importance, the U.S. government (Biden administration) needs inflation in order to sustain debt.

That’s why we are seeing a Ukraine spending package ($33 billion), the next round of COVID spending ($22 billion), and now a demand for a college loan bailout ($900 billion).  Combined the three massive spending packages generate another $1 trillion in artificial money, designed to keep inflation high.

The Fed/White House are working together to try and manipulate the economy.  You can identify their intent by noticing both actions work to counteract each other.

Right now, our U.S. economy is a game of musical chairs, and they are trying to keep the music playing.  However, the record is slowing (economy is contracting), and the music sounds weird.   Inside the economy the activity is not existent.  Consumer spending is high only because ordinary stuff costs more; the economy itself is not generating any additional value.

Things are very sketchy, and the Fed waiting for the calendar inflation cycle to arrive was transparent.

Mandatory Mask Theater Returns, CDC Announces Long Term Extension for Biden Transporation Mask Mandate, No Expiration Date, Planes, Trains and Busses


Posted originally on the conservative tree house on May 3, 2022 | Sundance 

Previously a federal judge overturned the federal mask mandate for transportation, thereby allowing travelers to make their own choices.  The DOJ has appealed that decision after the CDC said it wanted the mask mandate to remain in place.  The status of that litigation is unknown.

Today, the CDC has announced a semi-permanent extension of the federal transportation mask mandate with no expiration date noted. [Announcement Here] That means all travelers on airplanes, trains, busses and ridesharing will be required to wear facemasks again, including inside the terminals and operational hubs of those transportation nodes, pending the outcome of the DOJ appeal to the federal court.

CDC Announcement – “At this time, CDC recommends that everyone aged 2 and older – including passengers and workers – properly wear a well-fitting mask or respirator over the nose and mouth in indoor areas of public transportation (such as airplanes, trains, etc.) and transportation hubs (such as airports, stations, etc.).

[…] This public health recommendation is based on the currently available data, including an understanding of domestic and global epidemiology, circulating variants and their impact on disease severity and vaccine effectiveness, current trends in COVID-19 Community Levels within the United States, and projections of COVID-19 trends in the coming months.

[…]  “CDC continues to recommend that all people—passengers and workers, alike—properly wear a well-fitting mask or respirator in indoor public transportation conveyances and transportation hubs to provide protection for themselves and other travelers in these high volume, mixed population settings. […] Additionally, it is important for all of us to protect not only ourselves, but also to be considerate of others at increased risk for severe COVID-19 and those who are not yet able to be vaccinated. Wearing a mask in indoor public transportation settings will provide protection for the individual and the community.”  ~ Rochelle Walensky, CDC Director

If the Biden administration lose the court appeal to reinstitute the mask mandate, this announcement by the CDC would appear to be moot, they couldn’t enforce it.  However, if the Biden administration is successful in their appeal, the mandatory mask wearing returns.

Put another way….. If the Biden administration lose the appeal, the people wearing masks will be the COVID worshippers.  If the Biden administration win their appeal we all have to wear them.

The mandate created by Joe Biden did not have legal structure.  It was a dictatorial fiat that exceeded the capacity of the executive branch to create.  U.S. District Judge Kathryn Kimball Mizelle found the CDC exceeded its statutory authority with the mask mandate and violated the rules that guide CDC regulations.   {LINK} After Joe Biden arbitrarily announced the federal transportation mandate, the CDC triggered enforcement of the mask mandate without any required time for public feedback on a new regulation.

Congress could easily write a law authorizing mechanisms for the CDC and TSA to use in enforcement of a federal Transportation mask mandate; but they won’t – because the public doesn’t support it.  However, the Biden administration doesn’t care about majority public opinion, they are fine-tuned to push virtue signaling as a political strategy.

The White House is very committed to all their mandates around COVID-19, the mask mandate is no different.  From the perspective of the professional political left, the theater of forced mask wearing represents the visible power and authority of government to rule the lives of the irrelevant proles.

Any pesky legal rulings, that seek to reduce or remove the power of government, are viewed by the left as arbitrary and insignificant efforts to block their almighty power of government.  They can choose to wear a mask if they want, but that’s not really the issue behind the mask mandate.  The true power of the left is in the ability to force everyone to comply to their whims regardless of individual freedom.

The Covidians who define themselves by their adherence to the dictates of the U.S. government, will be happy with this position from the CDC today. They worship at the altar of COVID science and use masks as an expression of their sanctimonious feeling of superiority.  However, in an election year where the overwhelming majority of the American people have had enough of this political science, this CDC position may fuel an even more angry response.

Moderna Poised to Commit Infanticide


Armstrong Economics Blog/Vaccine Re-Posted May 2, 2022 by Martin Armstrong

Moderna is officially coming for toddlers and infants under five. The company submitted a formal request with the Food and Drug Administration (FDA), claiming the vaccine is 51% effective among toddlers under two and 37% effective in the two to five-year-old range. Instead of the standard two-100 microgram doses, the youngest among the population will receive two 25-microgram doses.

“I think it is likely that over time they will need additional doses. But we’re working on that,” Moderna’s Chief Medical Officer Dr. Paul Burton stated.

They will continue to force vaccines on everyone in the population. There is no telling the long-term effects of injecting a gene-altering medication into a baby, but Big Pharma is willing to risk lives for profits and government is will risk lives to retain control over a scared and uninformed population. Only 475 children under five have died from COVID, according to the Associated Press. There is absolutely no need for a vaccination for this demographic.

There are reports of babies dying through breast milk contaminated with the vaccination. Countless top doctors have warned against vaccinating children in general. Even the World Health Organization has even admitted that healthy adolescents do not need boosters, despite Pfizer filing a claim to have theirs approved for the five to twelve-year-old kids. Not to be outdone, Pfizer said it will have a vaccine for babies by the summer.

Since parents are reluctant to destroy their child’s development, the powers that be will continue to force mandates. They will push for universal passports to document everyone, including the youngest, most vulnerable members of society. They want us to inject ourselves repeatedly from birth until death for a virus that even Fauci no longer calls a pandemic.