One Father’s Fight Against Critical Race Theory


Posted originally on the conservative tree house on July 17, 2021 | Sundance | 77 Comments

Meet Kory Yeshua, father of three, and vocal opponent of Critical Race Theory. From young hip-hop and rap artist to fervent servant of God, Kory is a passionate patriot and a believer in the America dream. In this profile report, you’ll learn about his journey and what happened when his first grade daughter came home from school one day and asked, “Daddy, why weren’t the black kids allowed to play with the white kids.””

Support for John:  www.letsrollamerica.us
GoFundMe Link: https://www.gofundme.com/f/let039s-roll-america
GiveSendGo Link: https://givesendgo.com/LetsRollAmerica

World in Chaos


Armstrong Economics Blog/Opinion Re-Posted Jul 17, 2021 by Martin Armstrong

In South Africa, the currency has fallen hard as riots have devasted the country. They looted the mall, except for the bookstore. The former South African President Jacob Zuma turned himself in to begin a 15-month sentence for contempt of court. This has sent the country into a tailspin. Contempt of court is an abuse of judicial power, for they claim they can lock anyone up for any reason whatsoever.

In Greece, there are thousands of people protesting against the discrimination of people who have not been vaccinated and the mandatory vaccinations and other measures imposed by the Greek government to tackle the pandemic in Athens. There are far worse viruses that have taken place, yet governments have not destroyed the economies and taken such totalitarian measures. This in itself has raised skepticism as to what is really going on when the death rate is minimal.

In Britain, 47% of those with COVID have been vaccinated. In Australia, the mob stormed the government as in ancient Roman times resulting in chaos on the streets of Melbourne just hours before the city entered its fifth lockdown. The protesters have marched through the CBD, saying if they do not act, he will get away with it again. What I am hearing is that many are starting to say they would rather die in freedom than live in prison indefinitely. This is our problem. Governments will NEVER admit a mistake, and the fact that they are so involved with the vaccines, we have nobody to offer independent verification of anything.

Meanwhile, the Biden Administration wants to shut down all dissent and has been putting pressure on Big Tech to shut down people who disagree with the administration.

The greatest problem here is that Biden has stated UNDER NO CIRCUMSTANCE will he ever fire Fauci. That implicitly means he refuses to investigate anything about his research or the connection with Wuhan. That means the Biden Administration will NEVER provide the truth about COVID or anything else. The US will not admit that the origin of COVID might be linked to Fauci — he is above any investigation.

150 Multinational Corporations, The Wall Street Crowd, Urge Congress to Take Over U.S. Elections


Posted originally on the conservative tree house on July 14, 2021 | sundance | 251 Comments

There Are Trillions At Stake…

Here we go again, 150 multinational Wall Street corporations write a collective letter urging congress to pass the stalled legislation that would trigger a federal takeover of U.S. elections.  [Reuters Article Link] I’m not going to post the article directly, because it is the same group of characters, the same motives and intentions that we previously wrote about [HERE].

[Please note: all leftist media call them “corporations” when the narrative is purposed to attack capitalism (ie. ‘Occupy’), and then the media switch to the term “companies” when the narrative engineering needs to support the same corporations they previously attacked.  The Alinsky wordplay is part of the design.  Democrats say “corporations bad” to their woke sheep, so when they need to hide their alignment with the same businesses, the media switch words to call them “companies.”  I point this out because it is actually a useful tool to help people wake up and spot the manipulative and purposeful hypocrisy of the leftist ideology.]

At the heart of the issue, we are yet again back to the familiar battle, Wall Street -vs- Main Street.

Remember in April when 100 multinational corporations held a conference call to organize messaging on state election laws?  Well, this is the same crew only now with targeted messaging toward congress.

Additionally, I guarantee you the G-20 discussions about a “global minimum corporate tax” are being leveraged by the White House against these U.S. Multinationals in order to get them in line supporting the federal election takeover.  I guarantee you backroom deals and carve-outs, collusion between government and corporations, are being made.

Their commonality of purpose.  The multinationals need the federal takeover of elections because Wall Street needs globalism in order to continue advancing their financial objectives.  Main Street nationalism, or economic patriotism, is antithetical to their income statements.  The current White House and the Multinational Corporations have a common enemy, Main Street.

The current alignment between government and corporate industry is also why the mega-corporations were enhanced during COVID rules/regulations and shutdown dictates, while small businesses on Main Street were crushed.

The multinationals need the U.S. to be a service driven economy, and simultaneously, the corporations need the security of never seeing President Trump’s “America-First” policies restarted.  That’s why the multinational-corps support the Democrats goal to take over elections; economic nationalism must be stopped.  There are trillions at stake.

There is a difference between an ordinary corporation and a multinational corporation.  Multinationals hate capitalism. However, when I say most multinational corporations hate capitalism many people look confused, so let’s remind ourselves via a short video that explains why:

The first myth busted in that video explains why corporations do not like capitalism. That’s also why Big Tech is also against capitalism.

Multinationals want control; some call that corporatism…. but the names are moot. Multinationals want control, and capitalism does not allow them control; that is why multinationals do not want capitalism. Multinationals use lobbyists to generate regulations that stall competition.

Multinationals do not want competition; they are, by nature of their interest, anti-capitalists.

This misunderstanding is everywhere.

Consider if you will, the backdrop of current U.S. politics; the influence of Wall Street and the multinationals who align with globalism; the reality of K-Street lobbyists writing the physical legislation that politicians sell to Americans; and then overlay what you are witnessing as those same multinationals now attack the foundation of our constitutional republic.  All of this is CORPORATISM, a continuum that people were ignoring for decades.

To think that President Trump alone could carry the burden of correcting four decades of severe corruption of all things political, without simultaneously considering the scale of the financial opposition, is naive in the extreme.

♦ POTUS Trump was disrupting the global order of things in order to protect and preserve the shrinking interests of the U.S. He was fighting, almost single-handed, at the threshold of the abyss. Our American interests, our MAGAnomic position, was/is essentially zero-sum. His DC and Wall-Street aligned opposition (writ large) needed to repel and retain the status-quo. They desperately wanted him removed so they could return to full economic control over the U.S, because it is the foundation of their power.

You want to criticize him for fighting harder against those interests than any single man has ever done before him? If so, do it without me.

I am thankful for the awakening Donald J Trump has provided.

I am thankful now for the opportunity to fight with people who finally understand the scale of our opposition.

Without Donald J Trump, these entities would still be operating in the shadows. With Donald J Trump, we can clearly see who the real enemy is.

In these economic endeavors President Trump was disrupting decades of financial schemes established to use the U.S. as a host for their endeavors. President Trump was confronting multinational corporations and the global constructs of economic systems that were put in place to the detriment of the host (USA) ie YOU. There are trillions at stake; it is all about the economics; everything else is chaff and countermeasures.

The road to a “service-driven economy” is paved with a great disparity between financial classes. The wealth gap is directly related to the inability of the middle-class to thrive.

Elite financial interests, including those within Washington DC, gain wealth and power, the U.S. workforce is reduced to servitude, “service”, of their affluent needs.

The destruction of the U.S. industrial and manufacturing base is EXACTLY WHY the middle class has struggled, and exactly why the wealth gap exploded in the past 30 years.

Behind this dynamic, we find the international corporate and financial interests who are inherently at risk from President Trump’s “America-First” economic and trade platform. Believe it or not, President Trump is up against an entire world economic establishment.

When we understand how trade works in the modern era, we understand why the agents within the system are so adamantly opposed to U.S. President Trump.

♦The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.

It doesn’t.

Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations. Institutions like the World Trade Organization (WTO) and World Bank control trillions of dollars in economic activity.

Underneath that economic activity there are people who hold the reigns of power over the outcomes. These individuals and groups are the stakeholders in direct opposition to principles of America-First national economics. Collectively known as “The Big Club”.

The modern financial constructs of these entities have been established over the course of the past three decades. When you understand how they manipulate the economic system of individual nations you begin to understand why they are so fundamentally opposed to President Trump.

In the Western World, separate from communist control perspectives (ie. China), “Global markets” are a modern myth; nothing more than a talking point meant to keep people satiated with sound bites they might find familiar. Global markets have been destroyed over the past three decades by multinational corporations who control the products formerly contained within global markets.

The same is true for “Commodities Markets”. The multinational trade and economic system, run by corporations and multinational banks, now controls the product outputs of independent nations. The free market economic system has been usurped by entities who create what is best described as ‘controlled markets’.

U.S. President Trump understood what had taken place. He used economic leverage as part of a broader national security policy; and to understand who opposes President Trump specifically because of the economic leverage he creates, it becomes important to understand the objectives of the global and financial elite who run and operate the institutions. The Big Club.

Understanding how trillions of trade dollars influence geopolitical policy, we begin to understand the three-decade global financial construct they seek to retain and protect.

That is, global financial exploitation of national markets.

FOUR BASIC ELEMENTS:

♦Multinational corporations purchase controlling interests in various national outputs (harvests and raw materials), and ancillary industries, of developed industrial western nations. {example}

♦The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks. (*Note* in China it is the communist government underwriting the purchase.)

♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).

♦With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

Against the backdrop of President Trump confronting China; and against the backdrop of NAFTA renegotiated; and against the necessary need to support the key U.S. steel and aluminum industries; revisiting the economic influences within the modern import/export dynamic will help conceptualize the issues at the heart of the matter.

There are a myriad of interests within each trade sector that make specific explanation very challenging; however, here’s the basic outline.

For three decades economic “globalism” has advanced, quickly. Everyone accepts this statement, yet few actually stop to ask who and what are behind this – and why?

Influential people with vested financial interests in the process have sold a narrative that global manufacturing, global sourcing, and global production was the inherent way of the future. The same voices claimed the American economy was consigned to become a “service-driven economy.”

What was always missed in these discussions is that advocates selling this global-economy message have a vested financial and ideological interest in convincing the information consumer it is all just a natural outcome of economic progress.

It’s not.

It’s not natural at all. It is a process that is entirely controlled, promoted and utilized by large conglomerates, lobbyists, purchased politicians and massive financial corporations.

Again, I’ll try to retain the larger altitude perspective without falling into the traps of the esoteric weeds. I freely admit this is tough to explain and I may not be successful.

Bulletpoint #1: ♦ Multinational corporations purchase controlling interests in various national elements of developed industrial western nations.

This is perhaps the most challenging to understand. In essence, thanks specifically to the way the World Trade Organization (WTO) was established in 1995, national companies expanded their influence into multiple nations, across a myriad of industries and economic sectors (energy, agriculture, raw earth minerals, etc.). This is the basic underpinning of national companies becoming multinational corporations.

Think of these multinational corporations as global entities now powerful enough to reach into multiple nations -simultaneously- and purchase controlling interests in a single economic commodity.

A historic reference point might be the original multinational enterprise, energy via oil production. (Exxon, Mobil, BP, etc.)

However, in the modern global world, it’s not just oil; the resource and product procurement extends to virtually every possible commodity and industry. From the very visible (wheat/corn) to the obscure (small minerals, and even flowers).

Bulletpoint #2 ♦ The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks.

During the past several decades national companies merged. The largest lemon producer company in Brazil, merges with the largest lemon company in Mexico, merges with the largest lemon company in Argentina, merges with the largest lemon company in the U.S., etc. etc. National companies, formerly of one nation, become “continental” companies with control over an entire continent of nations.

…. or it could be over several continents or even the entire world market of Lemon/Widget production. These are now multinational corporations. They hold interests in specific segments (this example lemons) across a broad variety of individual nations.

National laws on Monopoly building are not the same in all nations. Most are not as structured as the U.S.A or other more developed nations (with more laws). During the acquisition phase, when encountering a highly developed nation with monopoly laws, the process of an umbrella corporation might be needed to purchase the targeted interests within a specific nation. The example of Monsanto applies here.

Bulletpoint #3 ♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).

With control of the majority of actual lemons, the multinational corporation now holds a different set of financial values than a local farmer or national market. This is why commodities exchanges are essentially dead.

In the aggregate the mercantile exchange is no longer a free or supply-based market; it is now a controlled market exploited by mega-sized multinational corporations.

Instead of the traditional ‘supply/demand’ equation determining prices, the corporations look to see what nations can afford what prices. The supply of the controlled product is then distributed to the country according to their ability to afford the price. This is essentially the bastardized and politicized function of the World Trade Organization (WTO). This is also how the corporations controlling WTO policy maximize profits.

Back to the lemons. A multinational corporation might hold the rights to the majority of the lemon production in Brazil, Argentina and California/Florida. The price the U.S. consumer pays for the lemons is directed by the amount of inventory (distribution) the controlling corporation allows in the U.S.

If the U.S. lemon harvest is abundant, the controlling interests will export the product to keep the U.S. consumer spending at peak or optimal price. A U.S. customer might pay $2 for a lemon, a Mexican customer might pay .50¢, and a Canadian $1.25.

The bottom line issue is the national supply (in this example ‘harvest/yield’) is not driving the national price because the supply is now controlled by massive multinational corporations.

The mistake people often make is calling this a “global commodity” process. In the modern era this “global commodity” phrase is particularly nonsense.

A true global commodity is a process of individual nations harvesting/creating a similar product and bringing that product to a global market. Individual nations each independently engaged in creating a similar product.

Under modern globalism this process no longer takes place. It’s a complete fraud. Massive multinational corporations control the majority of production inside each nation and therefore control the global product market and price. It is a controlled system.

EXAMPLE: Part of the lobbying in the food industry is to advocate for the expansion of U.S. taxpayer benefits to underwrite the costs of the domestic food products they control. By lobbying DC, these multinational corporations get congress and policy-makers to expand the basis of who can use Food Stamps, EBT and SNAP benefits (state reimbursement rates).

Expanding the federal subsidy for food purchases is part of the corporate profit dynamic.

With increased taxpayer subsidies, the food price controllers can charge more domestically and export more of the product internationally. Taxes, via subsidies, go into their profit margins. The corporations then use a portion of those enhanced profits in contributions to the politicians. It’s a circle of money.

In highly developed nations, this multinational corporate process requires the corporation to purchase the domestic political process (as above) with individual nations allowing the exploitation in varying degrees. As such, the corporate lobbyists pay hundreds of millions to politicians for changes in policies and regulations; one sector, one product, or one industry at a time. These are specialized lobbyists.

It is ironic when we discuss corporate financial payments to government officials in foreign countries we call them corrupt. However, in the United States we call it lobbying, the process is exactly the same.

EXAMPLE: The Committee on Foreign Investment in the United States (CFIUS)

CFIUS is an inter-agency committee authorized to review transactions that could result in control of a U.S. business by a foreign person (“covered transactions”), in order to determine the effect of such transactions on the national security of the United States.

CFIUS operates pursuant to section 721 of the Defense Production Act of 1950, as amended by the Foreign Investment and National Security Act of 2007 (FINSA) (section 721), and as implemented by Executive Order 11858, as amended, and regulations at 31 C.F.R. Part 800.

The CFIUS process has been the subject of significant reforms over the past several years. These include numerous improvements in internal CFIUS procedures, enactment of FINSA in July 2007, amendment of Executive Order 11858 in January 2008, revision of the CFIUS regulations in November 2008, and publication of guidance on CFIUS’s national security considerations in December 2008 (more)

Bulletpoint #4 ♦ With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

The process of charging the U.S. consumer more for a product, that under normal national market conditions would cost less, is a process called exfiltration of wealth. This is the basic premise, the cornerstone, behind the catch-phrase ‘globalism’.

It is never discussed.

To control the market price some contracted product may even be secured and shipped with the intent to allow it to sit idle (or rot). It’s all about controlling the price and maximizing the profit equation. To gain the same $1 profit a widget multinational might have to sell 20 widgets in El-Salvador (.25¢ each), or two widgets in the U.S. ($2.50/each).

Think of the process like the historic reference of OPEC (Oil Producing Economic Countries). Only in the modern era massive corporations are playing the role of OPEC and it’s not oil being controlled, thanks to the WTO it’s almost everything.

Again, this is highlighted in the example of taxpayers subsidizing the food sector (EBT, SNAP etc.), the corporations can charge U.S. consumers more. Ex. more beef is exported, red meat prices remain high at the grocery store, but subsidized U.S. consumers can better afford the high prices.

Of course, if you are not receiving food payment assistance (middle-class) you can’t eat the steaks because you can’t afford them. (Not accidentally, it’s the same scheme in the ObamaCare healthcare system.)

Agriculturally, multinational corporate Monsanto says: ‘all your harvests are belong to us‘. Contract with us, or you lose because we can control the market price of your end product. Downside is that once you sign that contract, you agree to terms that are entirely created by the financial interests of the larger corporation; not your farm.

The multinational agriculture lobby is massive. We willingly feed the world as part of the system; but you as a grocery customer pay more per unit at the grocery store because domestic supply no longer determines domestic price.

Within the agriculture community, the (feed-the-world) production export factor also drives the need for labor. Labor is a cost. The multinational corps have a vested interest in low labor costs. Ergo, open border policies. (ie. willingly purchased Republicans not supporting border wall etc.).

This corrupt economic manipulation/exploitation applies over multiple sectors, and even in the sub-sector of an industry like steel. China/India purchases the raw material, coking coal, then sells the finished good (rolled steel) back to the global market at a discount. Or it could be rubber, or concrete, or plastic, or frozen chicken parts etc.

The ‘America First’ Trump-Trade Doctrine upset the entire construct of this multinational export/control dynamic. Team Trump focused exclusively on bilateral trade deals, with specific trade agreements targeted toward individual nations (not national corporations).

‘America-First’ is also specific policy at a granular product level looking out for the national interests of the United States, U.S. workers, U.S. companies and U.S. consumers.

Under President Trump’s Trade positions, balanced and fair trade with strong regulatory control over national assets, exfiltration of U.S. national wealth is essentially stopped.

This puts many current multinational corporations, globalists who previously took a stake-hold in the U.S. economy with intention to export the wealth, in a position of holding contracted interest of an asset they can no longer exploit.

Perhaps now we understand better how massive multi-billion multinational corporations, and the political institutions they pay for, were/are aligned against President Trump; and they will never relent in their need to see the risk he/we represents destroyed.

I will never relent in my support for anyone who fights this enemy.

I will align with and encourage anyone who joins this fight.

If you are looking for criticism against the only person I have ever witnessed who actually fought our correct enemy, look elsewhere.

I am thankful for President Trump.

CTH will never stop the fight….

.

Wells Fargo – Banking Crisis?


Armstrong Economics Blog/Banking Crisis Re-Posted Jul 12, 2021 by Martin Armstrong

It has begun. Wells Fargo has told all its customers that it is shuttering down ALL personal lines of credit. The bank has made it clear that it is shutting down ALL existing personal lines of credit and it will no longer offer such products. That includes revolving credit lines, which typically let users borrow $3,000 to $100,000. The bank used to sell these products as a way to consolidate higher-interest credit card debt or to pay for home renovations. This also included avoiding overdraft fees on linked checking accounts.

Customers have been given a 60-day notice that their accounts will be shut down. Wells Fargo has declined to comment when asked by Reuters. Previously, Wells Fargo suspended home equity loans, claiming it was due to the economic uncertainty with COVID. Wells Fargo has been struggling with a tarnished reputation following a series of consumer financial scandals. In 2016, the Wells Fargo account fraud scandal led to the resignation of CEO John Stumpf and resulted in fines of $185 million by the Consumer Financial Protection Bureau.

Despite the fact that Wells Fargo Bank likes to portray it was formed on March 18, 1852, the truth is that it was simply a freight company back then. It was in New York City where Henry Wells and William G. Fargo joined with several other investors to launch their idea of a freight company to cover the trade between the East and West Coasts. What sparked the idea was the discovery of gold in California in 1849. They recognized that there would be a demand for cross-country shipping. Wells Fargo & Company was formed to take advantage of this great opportunity.

In July 1852, Wells Fargo & Co began its first loads of freight from the East Coast to mining camps scattered throughout northern California. The company contracted with independent stagecoach companies to provide the fastest possible transportation and delivery of gold dust, mail, and other various valuable freight. Wells Fargo began buying gold dust, selling paper bank drafts, and providing loans to help fuel California’s growing economy.

In 1857, the business was so profitable that Wells, Fargo & Co. formed the Overland Mail Company, known as the “Butterfield Line,” which provided regular mail and passenger service. The company earned a reputation as a trustworthy and reliable business. It adopted as its logo the classic stagecoach which became famous even in later movies. Wells Fargo & Co. would also send an employee on horseback to deliver or pick up a message or package which became known as the Pony Express.

There were other competitors. John Bamber first advertised July 12, 1858, as the only authorized for daily and weekly newspapers. On September 9, 1870, Bamber incorporated as “Bamber Express Co.” with four other trustees.  Then on January 1, 1874, a change in ownership was announced. On July 6, 1874, it was announced that Whitney & Co. Express had purchased the company.

Wells Fargo & Co. began a merger and acquisition taking over other Pony Express and stagecoach lines. Wells Fargo took over the Overland Mail Company in 1860. Six years later, Holladay Express was added. By this time,  Wells Fargo & Co emerged and the leader in transportation in the West. When the transcontinental railroad was completed three years later, the company began using the railroad to transport its freight. In 1905, the company split whereas the freight business stood separately and they embarked on banking. Wells Fargo took over the Nevada National Bank and established new headquarters in San Francisco. By 1910, the freight company was covering 6,000 locations from the Eastern urban centers connecting them to the Midwest farmers and then ranchers and miners from Texas to California as well as the Pacific Northwest where the lumber mills operated.

During World War I, the U.S. government nationalized Wells Fargo’s shipping routes and combined them with the railroads into the American Railway Express. This actually terminated Wells, Fargo & Co. as a transportation and delivery business. The banking side was hit by the 1906 San Francisco Earthquake, but the vaults held up while the building collapsed. After World War II, the Wells Fargo Bank American Trust Company reduced its name to just Wells Fargo Bank in 1962.

Wells Fargo from its split which was decided in 1904, peaked on the 112-year cycle in 2016. While it elected two of the near-term Yearly sell signals, the first long-term resides at $28.80. A year-end closing below that will be the kiss of death for Wells Fargo.

Soros is NOT Targeting the Dollar


Armstrong Economics Blog/Corruption Re-Posted Jul 9, 2021 by Martin Armstrong

QUESTION: I believe there is a guy on YouTube ripping you off and claiming Soros is now targeting the dollar which he will destroy just as he did to the pound. Is Soros even capable of that? You said he was just the lead guy on that for the club. Care to comment?

DH

ANSWER: Anyone claiming Soros is now targeting the dollar is absolute garbage. The entire pound issue was that it was a FIXED rate in the European Rate Mechanism. It was a cheap play. If you were wrong, you lost nothing because it was a fixed exchange rate. Soros would NEVER go against a floating currency. He would be wiped off the face of the Earth. This is total nonsense. If this is their sales pitch to buy Bitcoin or something, they could face 20 years in jail. It is totally FALSE advertising — PERIOD!

When Inflation is really Deflation


Armstrong Economics Blog/Interest Rates Re-Posted Jul 9, 2021 by Martin Armstrong

QUESTION: Why is the Fed doing so much Reverse Repo? Do you think it will hit $2 trillion?

JE

ANSWER: I understand that people seem to be talking up the reverse repo activity as doom and gloom. The Federal Reserve has been raising interest rates and boosted the return to fight inflation. The reverse repo facility takes in cash primarily from money-market funds, as well as government-sponsored companies and banks. This facility offered a return of zero percent to eligible users previously, and then the Fed moved it up to 0.05%, while at the same time lifting another rate, called the interest on excess reserves rate to 0.15% from 0.10%. The Fed is actually competing against the US Treasury in taking in cash, which is diverting it from government debt.

What the Fed does not understand because it is beyond their control are the international capital flows. Raising rates to fight domestic inflation is attracting capital from Europe, where banks are charged negative interest rates if they have excess cash. They open a branch in the USA and then send the excess cash to the state, and then they put it at the Fed. In this manner, the Fed has no idea how much money they are actually attracting globally.

I helped the Japanese lower their trade surplus by simply buying gold in New York, taking delivery, shipping it to London, and then selling it and starting all over again constantly. The trade statistics only measure dollars — not goods. You can buy a hot dog and have it delivered in London, and that too would reduce the trade surplus. It’s all a numbers game, and those in government have no ability to figure out the real world.

The statistics they created with Bretton Woods were all based on the currency which was fixed. So if you created more dollars, that was inflationary. But in a floating exchange rate system, if you create 10% more dollars but the dollar declines by 20%, guess what? It ain’t inflation but deflation!

People’s thinking has been compromised by the very way the government sets up everything. We would allocate trade at our firm according to the flag the company flew. That showed the US never had a trade deficit. It eas US companies setting up offshore and importing their own goods. I testified before Congress on all of this in 1996. So much for trade wars of misguided ideas of the world we live in.

The Fed is raising rates trying to soak up excess cash in the system BECAUSE that cash is not going into long-term bonds. Instead, we see even mortgage rates have declined under 2% because capital is shifting from PUBLIC to PRIVATE. Major capital has been turning to the mortgage market for there they have collateral wherewith government debt they have nothing but a political promise.

Yes, there will be others now claiming this is their idea. But unless you actually made the trades and really consulted with governments to solve problems, you will never come up with the answer without experience. Thank you to all the people who point out those who plagiarize what I write like clockwork. All I can say is that reveals people who are just not trustworthy. So, let’s see how long it takes others to claim they thought this up in the shower.

White House Brags July 4th Groceries Cheaper This Year, We Will Save 16 Cents on Our Cookouts


Posted originally o the conservative tree house on July 2, 2021 | Sundance | 479 Comments

This is not a spoof.   This is an actual broadcast from the White House Twitter account.  Apparently the Biden administration has hired the same public relations firm used by North Korea to manage their messaging:

Yes comrades, pay no attention to the actual receipts you receive from the local grocery store. Please ignore massive price increases in food you might be experiencing at the supermarket.  These things are simply illusions.  Despite the official inflation records on food pricing provided by the U.S. government, Bureau of Labor and Statistics [SEE HERE, Table 7], according to those who control the oval office our food is actually cheaper this year.

Comrades, we must appreciate the efforts of the Democrat People’s Republic of Krazy (DPRK) and congratulate the Biden administration for achieving a record-breaking new level of absurdity in the distribution of propaganda.  Smiles everyone, smiles…. you saved 16 cents.

On a serious note, this extreme level of gaslighting only highlights how the White House must be very concerned about what is about to happen to them in the next election cycle.  Even the most devout leftists are calling out the Biden administration in response to this tweet.  [Go Look At The Comments]

Even Baghdad Blitzer cannot pull this con off….

Rarest Roman Coin of All Time


Armstrong Economics Blog/Collectibles Re-Posted Jun 29, 2021 by Martin Armstrong

QUESTION: Marty; What is the rarest Roman coin? I figure nobody really knows that answer better than you.

PH

ANSWER: There are there major coins of which only one exists in private hands. They are the champion of all Roman coins – Saturninus. There is one other in existence, and that is in the Louvre. Then there is a gold coin of Leontius, the Isaurian Usurper (484-488 AD). Only four coins exist, but three are in museums.

The third rarest coin of which only one is known is that of a denarius with the portrait of Caracalla on one side and Plautilla on the other. Caracalla was a deranged and hateful emperor. As soon as his father died, he had a brother who killed him while in his mother’s arms. He then had portraits of Geta removed.

Plautilla was the daughter of the powerful Praetorian Prefect Plautianus, a close friend of Septimus Severus. Plautilla was married to Caracalla in 202 AD against his will. Caracalla literally hated his wife and vowed to have her killed when he became emperor, a promise which he would most certainly keep. In 205 AD, Caracalla first had to remove her father on the grounds of treason, which Caracalla arranged.

Caracalla then sent Plautilla to be banished to the Lipari Islands. Later, Plautilla was murdered on the orders of Caracalla in 212 AD during the purge which followed the murder of his brother Geta.

We can see surviving portraits of his family where he erased the image of his brother. Likewise, his hatred for Plautilla was so renowned that the extreme rarity of this lone surviving coin stands as a testament to Caracalla was also eradicating existing coins that show him with his most hated wife.

Therefore, while individual coins of Plautilla are fairly common, Caracalla appears to have recalled those showing him with his wife on the same coin. Other dynastic coin issues showed his brother was not recalled with as much fervor. Even the coinage of Geta is also fairly common. The number of individual coins of Geta and Plautilla most likely made such a recall impossible.

Therefore, each of these coins is unique. However, that does not mean they are of equal value. The Plautilla issue is probably worth $50,000 to $100,000. The Leontius aureus would bring probably $500,000 to $1 million. The Saturninus is far more important for this is the coin that changed history. Academic declared the book Historia Augusta was a fraud because it listed over 20 emperors during the short span of the early years of the 3rd century, which they never heard of. When the two gold coins of Saturninus were discovered in a dig in Egypt, that proved that Historica Augusta was real.

This coin today would most likely bring even $5 million. If ancient coins reach the level of American, then we should be looking at $18.8 million for this coin by comparison to the 1933 $20 gold coin, which is also unique.

Can a Single Market Change Course & Nothing Else Happens?


Armstrong Economics Blog/Understanding Cycles Re-Posted Jun 25, 2021 by Martin Armstrong

QUESTION: I believe as professors have taught Keynesian Economics, so too will we one day have Armstrongian Economic theory. My question to you sir is this, “Have you ever seen Socrates react to a singular event that made your computer model actually do a complete 180? Thanks for all you do! Your blog is the single most important source we have in the world today, BAR NONE!

RB

ANSWER: No, I have never seen that. Even when you look at the famous Buffett Silver Manipulation, note how gold did not follow. That was showing the market was manipulated and it was simply being pushed to the Monthly Reversals, all for a quick buck. Everything is connected. It is impossible to have one market that moves completely opposite, changing its trend, and nothing else happens. You can push a market between the Reversals. That I have seen. But you cannot change the trend.

The dollar, stocks market, gold, real estate, and commodities are all in sync. They are playing out a dance, and you need to step back to look at the whole rather than a single market. Only then will you see the connections.

Schools Ushering in Technocratic World Order & Post-Humanism, Warns John Klyczek


Posted originally from BITCHUTE First published at 17:19 UTC on June 18th, 2021.

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