The CDBD Crisis of 2025


Armstrong Economics Blog/Cryptocurrency Re-Posted Jul 26, 2023 by Martin Armstrong

QUESTION:

1. Due to the draconian rules the US digital currency shall operate under, would you consider the coming US digital currency to be the worst form of currency—worst store of value—worst asset to hold, and if so would it be better to get entirely out of cash before the US Dollar is canceled and the digital currency introduced?
2. When the US Dollar is canceled, will the entire value of all bank and brokerage accounts be automatically converted by banks and brokerage firms to the new digital currency?
3. Do you think there will be draconian rules, such as digital ID’s, instituted to be able to access the internet in 2025 to be able to access and cash out of bank and brokerage accounts?
4. What use will it be to invest in anything post 2024 if money in brokerage and bank accounts automatically becomes digital currency subject to draconian rules with draconian rules to access or take possession of the funds in one’s bank or brokerage account?
5. In the interview you did on May 20th you mentioned “they” are talking about bank bail-in’s. Aside from bank accounts, could bail-in’s be done from people’s brokerage accounts?
6. If one does not “opt in” to the new digital currency and if every legal financial transaction from the point the US introduces the digital currency must be made via the new digital currency, how will one be able to pay their taxes and property tax and will such a person lose their house and their assets be confiscated for not paying their taxes and property tax if they choose not to take part in the digital currency, digital ID and digital health pass?
7. Do you think inheritance will come under rules so draconian that sane children would prefer to forgo their inheritance rather than opt into anything that could harm their health and limit their freedom? Or do you think “they” will just abolish inheritance altogether?
Would you recommend putting all assets and accounts in one’s children’s names now, to avoid this possible scenario as far as it can be avoided?
8. During World War 3, if the US gets nuked or if at any time in the future there is an EMP attack or a severe cyber-attack and the grid goes down for an extended period of time, what shall become of bank and brokerage accounts?
Thank You Sir

D.I.

ANSWER: Undoubtedly, this entire scheme of digital currencies will be the death of Western Civilization. The Founding Fathers prohibited Direct Taxation which was repealed during the Marxist movement toward creating the Income Tax. Once the income tax was imposed, the government then needed to know everything you did. That is why the Founding Fathers prohibited any form of direct taxation. Now even a journalist, if he fails to comply with the demands of the government, is targeted by the IRS. This allows them to go after anyone unless you are the son of a senile president who does as he is told. So yes, this will be the WORST currency in human history and it will be the final nail in the coffin of freedom.

They will most likely cancel all currencies AFTER the US 2024 election. It will need to be coordinated to prevent capital flight. Whatever is in bank accounts or brokerage accounts will be re-denominated in the new digital currency. The IMF is pushing hard to replace the dollar with its version. The likelihood of the collapse of the IMF and world institutions will probably arrive in 2031.

Big Tech will comply. They are already stripping us of our freedom of speech. This will become IMPERATIVE to oppress all freedom in hopes that they can establish this new totalitarian state which is the dream of Klaus Schwab and his band of merry thieves at the World Economic Forum. So the Internet will be highly monitored and restricted.

The point of investments post-2024 will be to hold on to tangible assets. They will make the transition from one currency to the next.

Glenn

As far as bail-in’s being applied to people’s brokerage accounts the answer is yes. That was already done by Judge Martin Glenn who presided over M.F. Global bankruptcy and created the first BAIL-IN without Congressional Authority. He was the first one to engage in FORCED LOANS by abandoning the rule of law to help the bankers and protect Corzine from losses by taking client accounts to cover M.F. Global’s losses. That is no different from what we saw in Cyprus. He simply 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, and it should have been reversed. Never should the client’s funds be taken for M.F. Global’s losses to the NY Bankers.

You will have NO “opt out” avenue. Taxes and commerce will all be digital. This is why they are pushing 5G in order to create instant transfers to enable them to replace cash transactions.

Regarding inheritance, the LEFT is also ready to push behind the curtain that upon death, everything should belong to the state. I fear this will only unleash civil war. Nevertheless, there is the crazy leftist in Australia proposing just that. It is unfair for one person to have wealth and another nothing. Concerning putting all assets and accounts in one’s children’s names now, avoiding this possible scenario as far as it can be avoided carries tremendous risk. It all depends on your country. When I bought a house 30 years ago, I simply added my children’s names. Today, you can’t do that, for it becomes taxable to them.

While we cannot rule out tactical nuclear weapons, the risk of an EMP attack will be devastating. That will wipe out the economy and take down the internet. The prospect of whatever you have in an account could simply vanish. That is one primary reason I am against the whole crypto-CBDC agenda, for in times of war, an EMP could devastate an adversary. I think this simply warns you should have some old silver coins pre-1965.

The House Oversight Committee and Biden Investigation


Posted originally on July 25, 2023 | Sundance 

CTH has never pretended or played the game of pretending, but several people have discussed the House Oversight and Government Reform Committee against the backdrop of the Joe and Hunter Biden investigation.  Thus, some general reminders about inside DC politics are perhaps valuable.

The House Oversight and Government Reform Committee, hereafter called the House Oversight Committee or HOC, has a very specific function in DC that too few understand.  Once again, let us be clear while trying to explain decades of false information founded upon arcane legislative outlooks.

This article is specific only to the House Oversight Committee.

Within Washington DC, the HOC has a very specific and unique function.  What Fox News is to corporate conservative punditry, so too is the HOC to the same DC system of pretending.  The House Oversight Committee is the “Chaff and Countermeasures” committee.  The HOC operates for both parties with the same mission.

In recent years, the appearances by various DC politicians on the Sean Hannity show should serve as a key indicator for the Chaff and Countermeasures operation.   If the politician is on the Hannity ‘tick-tock’ show, you are watching countermeasures.  We are not yet at the point where this is widely understood, it will be for the next generation to look back and expose it.

♦ HOC – The House Oversight Committee was/is created by the House legislative leadership to make money for the party in control of the Chair.  When the House Speaker is notified of a DC corruption issue, inside his/her office they will often be heard saying, “give it to oversight.”  The intent of that instruction is to give the issue to the HOC, so they can hold hearings, create soundbites and fundraise from the issue.

Making money for the party in control of the Chair is the primary function of the House Oversight Committee.  The HOC does not exist to create accountability or oversight; the HOC exists to exploit the issue for fundraising and satiate the base voters of the party in control of the Chair.  The HOC presents the illusion of accountability by constructing soundbites and member performances which are then broadcast on television for appearances to the voting audience.  It is essentially theater.

The HOC is a “general oversight’ committee, not a committee of “specific jurisdiction.”  Thus, the HOC is the vehicle where Democrats and Republicans publicly display their political initiatives, frame their narratives and then broadcast them on MSNBC, CNN (Democrats) or FOX NEWS (Republicans).

Depending on the issues at hand, the HOC committee members are generally those performance actors best known to the audience of both parties.  This is not accidental; this is by design.  Again, for emphasis, I am only talking about the HOC, a “generalized oversight” committee. Only this specific committee has this specific mission.

A hot button topic enters the committee ecosphere. Specifically trained staffers and performance artists, uniquely qualified to put on theatrical productions (both parties), are then deployed to assist the representatives in creating the soundbites that hopefully will go viral and assist them with fundraising and opportunities to say, “here’s what we are doing.”   Outlining this construct is not an exhibition in cynicism; this is the reality of what the HOC is designed and created to do.

When you see the HOC performing at their best, you will see lots of soundbites created.

The Chair of the HOC is always part of the House Speaker’s close inner circle.  From that association you will discover by training, by habit and by consequence, the HOC framework is developed to sustain the process itself as an end result.

The questioning is the sum total of all accountabilities.  The performance is the interview; the conversation is the point; the smoke is the fire.

Oversight, in the HOC framework of narrative creation, has evolved into reveling in the endless process (a fundraising proposition) and, as a consequence, it completely ignores the end point, misses the bottom line, doesn’t actually SEE the subject matter, and never actually applies accountability toward what might be discovered.  This is why you end up with high blood pressure, frustrated with the questions not asked, and throwing bricks at the screen or monitors when viewing.

The point of HOC hearings is to create what are now described as “viral moments” that can be used to generate money.   The second, and lesser objective, is to give the illusion of accountability while not actually ever holding anyone or anything accountable.  See prior HOC reference points like Fast and Furious, IRS targeting, Benghazi, the Twitter Files of the most recent Hunter and Joe Biden bribery schemes.

If you watch the HOC Twitter hearing through the prism of expecting some form of accountability for the pay-to-play corruption, you will be frustrated and disappointed.  However, if you watch the HOC hearings through the prism of how well the panelists will do at raising money from their performances, then you can evaluate the effectiveness – the proverbial winning and losing.

The HOC is designed by House leadership to perform the same basic function for both Democrats and Republicans.  The HOC committee assignments are selected based on the theatrical skills of each representative.

This is not to say the motives of the members are sullied or impure, it is simply to point out the motive of the committee itself is to generate fundraising from the skillsets of the members on the committee.

Once you fully grasp what the intent of the House Oversight Committee is about, and once you drop the expectation that any accountability in oversight is the intent, then you can watch the performances through the entertainment prism of partisan politics and genuinely enjoy them.  There are, after all, some exceptional soundbites and moments created by the hearings themselves.

The HOC is called the “Chaff and Countermeasures” Committee, because that’s essentially what the committee does.  The committee gives the appearance of targeting, steers the target to a controlled destination, and then distracts the audience from the outcome of accountability.

If sunlight is achieved, meaning the Mainstream Media cannot ignore the issue as presented and questioned, and if the general public become more familiar with the controversial subject matter or topic at hand, and if the party of the Chair can fundraise from the issue, then the committee has succeeded.  However, if you are looking for something to change as an outcome of any HOC hearing, you will be disappointed.

All of the insiders in Washington DC know this to be true; but, when discussing the HOC specifically, the insiders cannot violate the DC code of omerta and make this reality a part of the public consciousness.  To make this operational mission widely understood is to diminish the financial value of it.

The CBDCs Are Coming


Armstrong Economics Blog/Cryptocurrency

Posted Jul 23, 2023 by Martin Armstrong

COMMENT #1: Hi Marty
I forgot to mention the ATMS nearby where I live right now.. I use a Credit Union and their withdrawal limit at the ATM at the branch no less has always been $400 these past couple of years. So I would go to the Wells Fargo ATM nearby down the road where I could withdraw $1000 in cash. The machine would ask you if you wanted a mix of 50s and 20s or all 20s.
Well, this past week I went to the WF ATM where I have not gone for quite some time, many months. To my surprise, the withdrawal limit has been reduced from $1000 to $600.
So there you go they are slowly turning the screws to try to cage us all in.
Best
Alice

REPLY: I opened an account at one of the top 5 just for convenience since it was down the street from me. Since COVID, I noticed they closed that branch and many others.  If you move to CBDCs, then banks no longer need branches for you can deposit a check on your phone, and they want to eliminate safe deposit boxes because they think people hide cash there.

British Banks Close Accounts for Political Views – Wait for CBDC Currency to Appear


Armstrong Economics Blog/Cryptocurrency Re-Posted Jul 23, 2023 by Martin Armstrong

We have a very serious problem. Banks, Media, and Tech Companies seem to be all pushing for the end of all our civil and human rights. The truth has come out now that the Coutts Bank closed down Nigel Farage’s accounts, and it had NOTHING to do with his finances that they told everyone. That seems to be a serious case of slander and libel. If they would do this to Nigel, how many others are finding their accounts closed?

Here in the good old USA, a gold dealer just informed me that his credit line has been terminated – not because he did not pay. The excuse was that they preferred it to go to zero, not back and forth. It seems as though rumbling of this nature in the USA is increasing. Others who have cash businesses like a bar are finding that they are being discriminated against because they take in cash. Even priests are having their accounts shut down for political reasons.

It appears that the bankers are gearing up for the new CBDC system where all cash is eliminated. The government seems likely to let the banks impose a social credit score and claim it is not the government doing that, so it is not unconstitutional. I suppose they intend to prevent people from paying for medicine or buying food if banks shut down their accounts for whatever pretend reason. I guess that will be the new slow-death penalty for disagreeing with the new narrative that COVID was just the trial run for these days.

IRS SWAT Team – Hunt for Taxes


Armstrong Economics Blog/The Hunt for Taxes Re-Posted Jul 23, 2023 by Martin Armstrong

The story about what looked like a SWAT team was a swarm of armed IRS Agents that stormed into a business in Florida has gone viral. Many point to this as see what happens when you give IRS agents lethal power. I think this needs clarification, and everyone knows I am opposed to arming IRS agents. Nevertheless, there is a HUGE distinction between income taxes and payroll taxes.  One you owe personally, but the other is theft if you collected it from employees and did not send it to the IRS, which makes you a TRUSTEE.

Back in the 1970s, I had two armed IRS agents come in with guns and handcuffs. They said I owed payroll taxes. I said wait a minute; my accountant handles all of that. I called him on the phone, and he then said put me on with them. He said he writes the checks on payroll himself and sends them in. It just so happened I was getting refund checks often. One had just come in, and it was on my desk. I said if I owe you, people, money, why do I keep getting refund checks? They looked at the check, and it had some code they recognized that denoted it was a refund for payroll taxes. It turned out to be a computer error on their part, and every time we would send in the payroll taxes, it kept trying to apply it to one month where I owed $2 and something refunded the rest. But they were to me personally, so I had no idea there was any distinction. They left, and I had to pay interest for cashing the checks that I someone should have known was their mistake.

A few years ago, again, I got a refund check and just deposited it. Once more, I was charged interest and penalties this time because I should have known it was an IRS mistake. The third mistake was that they put a lien on my house, and I never even got a bill. Once again, they failed to credit a payment I had sent in the previous year, but it took months to get the lien lifted.

My three encounters with the IRS have always been mistakes on their part. Only the first involving payroll taxes was I confronted by armed IRS agents, and that was simply because payroll taxes puts you in a position as a trustee where you collected the money for the government. I hope that armed IRS agents are confined to this category. I no longer cash refund checks. I have to pay penalties and interest because knowing when the IRS makes a mistake is my burden.

To clarify this armed assault on a business, it was Elite Payroll Solutions. This was not a company that was behind in paying its taxes. This is why the assault was more of a SWAT team; in this case, they were supposed to collect payroll taxes for small businesses and send them to the IRS. That places this in the TRUSTEE category, which is different from simply not paying your income tax.

A word to the Wise – Use only the Big Payroll Companies, not a small one that beats the price.

Report Showing Massive Dark Money Group Funneling Large, Potentially Foreign, Cash Donations into Biden Super PAC


Posted originally on the CTH on July 22, 2023 | Sundance 

As the network of Joe and Hunter Biden’s financial influence scheme through various LLC’s and dummy corporations continues to puzzle investigators, a similar scenario arises within the political campaign fundraising for Joe Biden’s Super PAC.

Fox News digital has some of the preliminary information extracted in a recent article [SEE HERE] and when you couple those big donations with the information previously shared by James O’Keefe [SEE HERE], what emerges is a system of top-down money laundering.

(Via Fox) – A super PAC crowned as the primary outside committee backing President Biden’s re-election efforts has received large sums from a dark money nonprofit that has acquired tens of millions of dollars from a mysterious entity, Fox News Digital has discovered.

Biden and his confidants elevated the Future Forward super PAC as the central outside political fundraising vehicle to back his candidacy, the New York Times reported. Senior White House adviser Anita Dunn told the publication it “really earned its place as the pre-eminent super PAC” to support his 2024 efforts.

“In 2020, when they really appeared from nowhere and started placing advertising, the Biden campaign was impressed by the effectiveness of the ads and the overall rigorous testing that had clearly gone into the entire project,” Dunn said.

In recent years, The Future Forward PAC’s related nonprofit arm, Future Forward USA Action, has pushed tens of millions of dollars into the super PAC’s coffers while concealing its donors’ identities. These actions could continue during the 2024 cycle, which means the public would remain in the dark about major benefactors financially assisting the leading outside group backing Biden as the election draws closer. 

While Future Forward USA Action hides its contributors, Fox News Digital has discovered that a significant amount of its cash was passed through a web of dark money nonprofits overseen by the Arabella Advisors consulting firm, adding an extra layer of secrecy that further masks its original donors. One such Arabella-managed entity, however, appears to have flown entirely under the radar. It contains no online presence outside its incorporation records and tax forms.

The shadowy group, called the Impetus Fund, quietly formed in Washington, D.C., on July 1, 2020, records show. According to its tax documents, Ezra Reese, an attorney at the Elias Law Group, acts as the group’s president. Its board consists of three other individuals, including general counsel Saurabh Gupta, who is Arabella Advisors’ chief legal counsel and compliance officer, and secretary Andrew Schulz, who formerly served as general counsel of the Arabella-managed New Venture Fund but appears to have moved to the Adler & Colvin law firm.

During the 2020 election cycle, the Impetus Fund received $67 million from what appears to be a single anonymous donor, its tax forms show. It turned around and disbursed nearly all of its cash to a handful of nonprofits such as America Votes, Center for Voter Information, Vote Tripling Action Fund, ACRONYM and the Cooperative Impact Lab. (read more)

So large sums of money come into the network from a small group.  That money is then transferred through various mysterious entities into smaller groups, albeit still receiving large sums of money.   The smaller groups then need to launder the money into directed objectives and goals.

This is where James O’Keefe’s research starts to take on a context.

The O’Keefe Media Group broke its first story investigating what appears to be a national plot to utilize senior citizens matching a similar profile as vehicles to launder millions of dollars into political campaigns.” [link]

James O’Keefe uses publicly available FEC data to locate donors who are reported to have given thousands of donations to Act Blue.  However, the people listed on the FEC reports have no idea why there is a massive difference between the number, frequency and scale of their contributions, compared to their actual donations.  The differences are massive.

One of the possible explanations is that people inside ACT BLUE use previous organic donor activity to fraudulently launder donations that come from larger networks.

By breaking up large donations into smaller amounts, it gives the appearance of a larger support base (small donors) and washes the fingerprints away from the identity of the originating large donor, individual, group or institution.

.

What is the possible, perhaps most likely, source of the originating MASSIVE influxes of Biden cash?

But congress has their ‘top men’ on the money trail.

Right?

A Specific Type of Continuity


Posted originally on the CTH on July 21, 2023 | Sundance 

In roughly the past fifty years, the term “continuity of government” has been used with increased frequency describing how the United States of America, a constitutional republican system of government, contains internal mechanisms to protect the executive branch in the event of crisis, attack or disruption of leadership by adversaries.

The term ‘continuity of government‘ became much more common in the aftermath of 9-11-01 and the thunder shock of an al-Qaeda inspired terrorist attack in New York and Washington DC.

Within the very brief discussion period that led up to the 10-26-01 Patriot Act [pdf here], literally a structural reform of the entire domestic terrorist apparatus that created the Director of National Intelligence (DNI), the Department of Homeland Security (DHS) and the Transportation Safety Administration (TSA), a bill only debated for a few weeks, the baseline was the enhanced ‘continuity of government‘ in the event of an emergency.

As we have exhaustively outlined on these pages, the outcome of the Patriot Act was to create a system where every American was now viewed by our federal government through the prism of the citizen being a potential terrorist threat.  The federal government aligned all of our institutions and systems accordingly.

DHS was created to monitor American behavior, the TSA was created to scan American travelers, and the FBI was enhanced with resources to conduct surveillance despite our Fourth Amendment protections within our Constitution.  Instead of the U.S. Govt protecting U.S. citizens from foreign threats, the Patriot Act changed the mission of government to protect itself from potential citizen threats.

In essence, We the People became the suspects, and all of the constitutional viewpoints within the FBI and Dept of Justice were modified to create monitoring systems.

The legislative branch was considered part of a this newly protected elite class of Americans, and the judicial branch deferred all scrutiny to the executive as long as they claimed, ‘national security.’  The secret FISA court system would grant the agents surveillance power over U.S. citizens.

As the foundation of this new surveillance state was just being finalized, Barack Obama, Joe Biden and Eric Holder then entered government via the 2008 election, and weaponized this system to target their domestic political opposition.

However, there is also a second element to this ‘continuity of government’ that flows with the first premise.

The continuity of a very specific outlook by government.

The continuity of a very specific construct of government.

The continuity of a view within government of how government should operate. This is part of the continuity of government not discussed.

You can argue it was the viewpoint of a very specific type of government “continuity” that led to the opposition against Donald Trump by Democrats and Republicans.

Trump would be a disruptive influence if introduced into a continuation mission that did not like change.  This ‘continuity’ mindset then established the justification for every institution and element of the bureaucracy, including almost all layers of the people who run them, to oppose Donald Trump.

By the time the 2016 election arrived, We the People had already been defined by the Patriot Act outcome as a threat to government.  If we the people did not select the right kind of candidate who would be approved by the continuity system, then our selection would be rejected by all of the operators of that administrative system.   That’s what happened.

Every move by the U.S. federal government, from 2016 to now, has been contrast against the backdrop of a new awakening and visible understanding.

We the People are the threat, and those who control the DC power centers that determine the continuity of government, will not accept any modification or diminishment of their mission.  This is how they justify their conduct in very real terms, including through application of law.  This is also why the people who operate these systems are very visible with their conduct and do not have any reservations about showing their omnipotent mindset.

From their perspective, they are doing what they do, running government how they run government, maintaining the continuity the system was designed to protect, and we are what they consider futile and irrelevant voices.

Both the Republican and Democrat leadership hold this same view.  This “continuity of government” is the core of their UniParty alignment.

Here is where this understanding gets really interesting.  In order to maintain this system, there has to be an internal monitoring system, a surveillance system to protect itself against any adversary.  A domestic surveillance state has to exist as an outcome of the logical sequence.

Within this total surveillance state, the FBI is the federal agency – a national police force with a mission to run monitoring operations.  Everyone is monitored, and in case anyone would raise objection to being monitored, the corporate media provide protection against criticism by saying the agencies doing the monitoring need to be independent.

As we plunge deeper and deeper into this weaponized surveillance state, if you engage in any conduct to avoid monitoring, you run the risk of being caught in the DHS surveillance sweep.  You run the risk of becoming a DHS subject of interest, just like candidate Donald Trump – only smaller.  If you choose to fight against accepting the weaponized surveillance state, you will be considered a DHS subject of interest – just like the J6 detainees.

When the FBI was recently fighting against the release of the FD-1023 report, outlining the Confidential Human Source (CHS) that gave evidence to the FBI against Joe Biden, people missed something.  The DOJ/FBI reluctance to admit the FD-1023 report existed was not just about Joe Biden, it was about a surveillance process this reporting would reveal.

The confidential human source (CHS) was a person giving information to the FBI for their files.  This is the library on congress.  There are hundreds of thousands of these FD-1023 forms created, as CHS’s undercover agent employees (UAE’s) and a myriad of resources, are deployed in this surveillance system.

It’s the breadth of this surveillance system that leads to the FBI saying, “The safeguards the FBI placed on the production of this information are necessary to protect the safety of confidential sources and the integrity of sensitive investigations. Today’s release of the 1023 [form] – at a minimum – unnecessarily risks the safety of a confidential source.”

As noted by the Federalist Margot Cleveland, “During Wednesday’s hours-long hearing, IRS whistleblowers Gary Shapley and Joseph Ziegler both told lawmakers they had never seen the FD-1023. Significantly, Ziegler then stated: “There’s things that are contained on that document that could further corroborate other information that we might be having an issue corroborating because it could be regarding a foreign official. So if we have information regarding that in a document or a witness, we can further corroborate later evidence.”

The reason the IRS agents were not aware of the CHS reports to the FBI, is because keeping the FD-1023 report hidden did not have as much to do with protecting Biden as it does with protecting this surveillance apparatus.

Who are all of these CHS’s and UAE’s like Igor Danchenko, Patrick Byrne, Azra Turk, Carter Page, Joseph Mifsud, Ray Epps, 1% Watchdog, etc. etc. etc?  There is a massive surveillance apparatus underway monitoring everyone, including an assembly of files against sitting members of congress and political leadership.

Keep in mind, the FD-1023 reports are not blackmail, they are reports of conduct and action.  Blackmail and/or leverage is an outcome of knowing information.  The massive assembly of FD-1023 reports are the source information.  This is a big part of the reason why FBI Director Christopher Wray initially denied there ever was an FD-1023 report.

In the bigger of the big pictures, this Joe and Hunter Biden story is the tip of an iceberg story about how the FBI is a domestic surveillance operation assembling files on everyone; that includes members of Congress and key political leadership that could advance to power.  Why is all of this surveillance taking place?…

….Because it is a very specific type of Continuity of Government that must be maintained.

Don’t look at the Potemkin village we call Washington DC.

Look for the people behind the construct.

Look for the people who are using these files.

[Support CTH Here]

Silos Destroyed in Kiev – False Flag Comes to Fruition


Armstrong Economics Blog/War Re-Posted Jul 21, 2023 by Martin Armstrong

I reported in June that the Ukrainians would claim Russia had targeted their wheat silos, and it all comes back to the Ukraine Reconstruction fund by JPMorgan Chase and BlackRock. BlackRock had a tape leaked of a recruiter discussing Russia blowing up Ukrainian wheat silos, causing wheat prices to skyrocket due to shortages. The employee said that Ukraine is great business for BlackRock. As I mentioned earlier:“Our war cycle indicates tensions will pick up in 2024 – hold on tight. Expect false flags of Russia targeting wheat silos and soaring food prices. Everything is aligned with the Great Reset; this is the branch that is aiming to financially alter the world while others are working on destroying society from within. Ukraine must be destroyed to BUILD BACK BETTER the global financial system.”

And here we have it, folks. Kiev announced that Russia has destroyed 60,000 tonnes of grain in Odesa. The grain was allegedly set aside for imports, so it will not be Ukraine’s fault when food inflation spikes. “The grain infrastructure of international and Ukrainian traders and carriers such as [Ukrainian] Kernel, [Canadian] Viterra and the [French] CMA CGM Group suffered the most,” the ministry said. “The world’s food security is once again in danger,” it added.

Now Zelensky is saying the Russians deliberately targeted the grain. Yet, those funding Ukraine are relying on wheat prices rising and this benefits Ukraine greatly. Food prices will rise and everyone will blame Russia. Meanwhile, those funding the war are sitting back and laughing at the entire world for they knew the plot all along.

US Border Wall Opponents Strongly Favor Aid to Ukraine


Armstrong Economics Blog/War Re-Posted Jul 21, 2023 by Martin Armstrong

Remember when former President Donald Trump requested $4 billion in funding to build a wall to protect the US at the southern border? That amount seems like a pocket change now compared to the tens of billions the nation has provided Zelensky to protect the Ukrainian border. As predicted, there has been a mass influx of illegal aliens into the US and all of this was completely preventable. In fact, the nation spends more on maintaining the population of illegal migrants than it would have spent on building a border wall.

Congress decided to stop working and throw a fit over Trump’s wall at the beginning of 2019 when he requested $5.7 billion. Congress refused to work for 35 days before Trump agreed for a significantly lower budget. Then on February 15, Trump declared a national emergency over the mass influx of migrants and invoked the powers provided by the 1976 National Emergencies Act. Congress continually voted to override this ruling following a number of vetos by Trump. No one would permit the United States to protect its border.

Even members of the Republican Party mocked “Trump’s wall” as an outlandish pipe dream. It just so happens that the same Republicans who denied Trump’s wall also strongly defend the war in Ukraine. Rep. Justin Amash (R-Mich.) said called the $5.7 billion proposal “massive, wasteful spending.” Amash argued that Trump should be impeached for his phone call with Ukraine in support of the Russian collusion hoax. “His actions reflect precisely the type of conduct the framers of the Constitution intended to remedy through the power of impeachment, and it is our duty to impeach him,” Amash stated.

Alaska Sen. Lisa Murkowski was against funding Trump’s wall. “If you’re going to spend that kind of money, you’re going to have to show me where you’re going to get that money,” said Alaska Sen. Lisa Murkowski, a key swing vote who has already broken with Trump over his nominee for secretary of education. Yet, she traveled to Ukraine to meet with Zelesnky to ensure he would have a safe border. “Despite the incredible hardships the Ukrainian people are enduring, they continue to show there are few things more powerful than a democracy fueled by unity and hope. As I return home, I’m more thankful than ever for the blessings of our American democracy and more committed than ever to ensuring that Congress provides the assistance that Ukraine needs,” she said.

Sen. Bob Corker, Republican of Tennessee, said that Trump’s wall was not in the budget. “We have got a huge fiscal problem right now – $20.355 trillion in debt projected to add $9.7 trillion over the next 10 years. And I’m concerned that when I left the retreat last week, there are so many things that people were talking about spending money on and at the same time, lowering the amount of revenue. And it’s a recipe for disaster,” Corker stated. Yet going as far back as 2014, Corker supported funding Ukraine against Russia and even introduced “the Corker legislation” to increase aid to Ukraine and sanction Russia.

The list of examples are endless. Neocons are on both sides of the aisle. They do not care about America or national security. They did everything in their power to undermine Trump’s attempt to secure the border, and now the US is overrun with too many illegals to track.

Senator Chuck Grassley Releases FBI FD-1023 Document Outlining Statement by Witness of Biden Bribery and Corruption


Posted originally on the CTH on July 20, 2023 | Sundance 

This afternoon U.S. Senator Chuck Grassley released the FBI witness statement known as the FD-1023 [Document pdf Here] that lies at the heart of the Biden bribery and corruption scandal.

BACKGROUND: Initially, the FBI refused to hand over the unclassified FD-1023 stating there is an ongoing investigation using the confidential human source who made allegations outlined in the document.  Remember, the allegations and the statement record were created in July of 2020, over three years ago.  The FBI refused to say the 6-page unclassified document existed.  After House Oversight Committee Chairman James Comer told FBI Director Chris Wray, he had already seen the unclassified document via a whistleblower, then Wray admitted the FBI indeed had it.  On June 1st, the FBI refused to release the document, stating it was captive as part of an “ongoing investigation.”   Today, Chuck Grassley released it.

[SOURCE]

Grassley – “For the better part of a year, I’ve been pushing the Justice Department and FBI to provide details on its handling of very significant allegations from a trusted FBI informant implicating then-Vice President Biden in a criminal bribery scheme. While the FBI sought to obfuscate and redact, the American people can now read this document for themselves, without the filter of politicians or bureaucrats, thanks to brave and heroic whistleblowers. What did the Justice Department and FBI do with the detailed information in the document? And why have they tried to conceal it from Congress and the American people for so long? The Justice Department and FBI have failed to come clean, but Chairman Comer and I intend to find out,” Grassley said.

“The FBI’s Biden Bribery Record tracks closely with the evidence uncovered by the Oversight Committee’s Biden family influence peddling investigation. In the FBI’s record, the Burisma executive claims that he didn’t pay the ‘big guy’ directly but that he used several bank accounts to conceal the money. That sounds an awful lot like how the Bidens conduct business: using multiple bank accounts to hide the source and total amount of the money,” House Committee on Oversight and Accountability Chairman James Comer said. 

“At our hearing with IRS whistleblowers, they testified that they had never seen or heard of this record during the Biden criminal investigation, despite having potentially corroborating evidence. Given the misconduct and politicization at the Department of Justice, the American people must be able to read this record for themselves. I thank Senator Grassley for providing much needed transparency to the American people. We must hold the Department of Justice accountable for seeking to bury this record to protect the Bidens.”

Grassley first disclosed the FBI’s possession of significant and voluminous evidence of potential criminality involving the Biden family last year. He has since worked to unearth the FBI record, eventually partnering with Comer on a subpoena to compel its public disclosure. After delays, the FBI provided a highly redacted version of the document to select members of the House of Representatives, but it remained shielded from the public and omitted key details, including references to recordings. Following the FBI’s failure to fully comply with the congressional subpoena, Grassley received the legally protected disclosure with limited redactions to protect a trusted FBI source, handling agents, department whistleblowers and identifiers related to other ongoing investigations. (more)