Weapons Dealers


Armstrong Economics Blog/Corruption Re-Posted Sep 3, 2022 by Martin Armstrong

How One Company Destroyed An Entire Country


Armstrong Economics Blog/Corruption Re-Posted Sep 3, 2022 by Martin Armstrong

Angry Joe Delivers Prime Time Midterm Speech – 8:00pm ET Livestream Links


Posted originally on the conservative tree house on September 1, 2022 

UPDATE: Transcript ADDED – Tonight, a perpetually nasty and likely medicated man, demanding respect from a nation he abhors, will rally his 30% and decry the majority in a primetime address.  The shouting is scheduled to originate at 8:00pm ET from Philadelphia, Pennsylvania.

Major media stenographers are saying he has been practicing this speech for several days.  There are also rumors he may introduce the latest regime gaslighting term “growth recession,” to discuss the economy.

The majority of the American victims likely will not be watching the protestations of their abuser. However, if you find yourself tuning in to learn just how much he hates you, or if you want to laugh at the insufferable old dolt, well, here’s the livestream links:

PBS Livestream – White House Livestream – Fox News Livestream

[Transcript]  THE PRESIDENT:  My fellow Americans, please, if you have a seat, take it.  I speak to you tonight from sacred ground in America: Independence Hall in Philadelphia, Pennsylvania.

This is where America made its Declaration of Independence to the world more than two centuries ago with an idea, unique among nations, that in America, we’re all created equal.  This is where the United States Constitution was written and debated.

This is where we set in motion the most extraordinary experiment of self-government the world has ever known with three simple words: “We, the People.”  “We, the People.”

These two documents and the ideas they embody — equality and democracy — are the rock upon which this nation is built.  They are how we became the greatest nation on Earth.  They are why, for more than two centuries, America has been a beacon to the world.  But as I stand here tonight, equality and democracy are under assault.  We do ourselves no favor to pretend otherwise.

So tonight, I have come this place where it all began to speak as plainly as I can to the nation about the threats we face, about the power we have in our own hands to meet these threats, and about the incredible future that lies in front of us if only we choose it.

We must never forget: We, the people, are the true heirs of the American experiment that began more than two centuries ago.

We, the people, have burning inside each of us the flame of liberty that was lit here at Independence Hall — a flame that lit our way through abolition, the Civil War, Suffrage, the Great Depression, world wars, Civil Rights.

That sacred flame still burns now in our time as we build an America that is more prosperous, free, and just.

That is the work of my presidency, a mission I believe in with my whole soul.

But first, we must be honest with each other and with ourselves.

Too much of what’s happening in our country today is not normal.

Donald Trump and the MAGA Republicans represent an extremism that threatens the very foundations of our republic.

Now, I want to be very clear — (applause) — very clear up front: Not every Republican, not even the majority of Republicans, are MAGA Republicans.  Not every Republican embraces their extreme ideology.

I know because I’ve been able to work with these mainstream Republicans.

But there is no question that the Republican Party today is dominated, driven, and intimidated by Donald Trump and the MAGA Republicans, and that is a threat to this country.

These are hard things.

But I’m an American President — not the President of red America or blue America, but of all America.

And I believe it is my duty — my duty to level with you, to tell the truth no matter how difficult, no matter how painful.

And here, in my view, is what is true: MAGA Republicans do not respect the Constitution.  They do not believe in the rule of law.  They do not recognize the will of the people.

They refuse to accept the results of a free election.  And they’re working right now, as I speak, in state after state to give power to decide elections in America to partisans and cronies, empowering election deniers to undermine democracy itself.

MAGA forces are determined to take this country backwards — backwards to an America where there is no right to choose, no right to privacy, no right to contraception, no right to marry who you love.

They promote authoritarian leaders, and they fan the flames of political violence that are a threat to our personal rights, to the pursuit of justice, to the rule of law, to the very soul of this country.

They look at the mob that stormed the United States Capitol on January 6th — brutally attacking law enforcement — not as insurrectionists who placed a dagger to the throat of our democracy, but they look at them as patriots.

And they see their MAGA failure to stop a peaceful transfer of power after the 2020 election as preparation for the 2022 and 2024 elections.

They tried everything last time to nullify the votes of 81 million people.  This time, they’re determined to succeed in thwarting the will of the people.

That’s why respected conservatives, like Federal Circuit Court Judge Michael Luttig, has called Trump and the extreme MAGA Republicans, quote, a “clear and present danger” to our democracy.

But while the threat to American democracy is real, I want to say as clearly as we can: We are not powerless in the face of these threats.  We are not bystanders in this ongoing attack on democracy.

There are far more Americans — far more Americans from every — from every background and belief who reject the extreme MAGA ideology than those that accept it.  (Applause.)

And, folks, it is within our power, it’s in our hands — yours and mine — to stop the assault on American democracy.

I believe America is at an inflection point — one of those moments that determine the shape of everything that’s to come after.

And now America must choose: to move forward or to move backwards?  To build the future or obsess about the past?  To be a nation of hope and unity and optimism, or a nation of fear, division, and of darkness?

MAGA Republicans have made their choice.  They embrace anger.  They thrive on chaos.  They live not in the light of truth but in the shadow of lies.

But together — together, we can choose a different path.  We can choose a better path.  Forward, to the future.  A future of possibility.  A future to build and dream and hope.

And we’re on that path, moving ahead.

I know this nation.  I know you, the American people.  I know your courage.  I know your hearts.  And I know our history.

This is a nation that honors our Constitution.  We do not reject it.  (Applause.)

This is a nation that believes in the rule of law.  We do not repudiate it.  (Applause.)

This is a nation that respects free and fair elections.  We honor the will of the people.  We do not deny it.  (Applause.)

And this is a nation that rejects violence as a political tool.  We do not encourage violence.

We are still an America that believes in honesty and decency and respect for others, patriotism, liberty, justice for all, hope, possibilities.

We are still, at our core, a democracy.  (Applause.)

And yet history tells us that blind loyalty to a single leader and a willingness to engage in political violence is fatal to democracy.

For a long time, we’ve told ourselves that American democracy is guaranteed, but it’s not.

We have to defend it, protect it, stand up for it — each and every one of us.

That’s why tonight I’m asking our nation to come together, unite behind the single purpose of defending our democracy regardless of your ideology.  (Applause.)

We’re all called, by duty and conscience, to confront extremists who will put their own pursuit of power above all else.

Democrats, independents, mainstream Republicans: We must be stronger, more determined, and more committed to saving American democracy than MAGA Republicans are to — to destroying American democracy.

We, the people, will not let anyone or anything tear us apart.  Today, there are dangers around us we cannot allow to prevail.   We hear — you’ve heard it — more and more talk about violence as an acceptable political tool in this country.  It’s not.  It can never be an acceptable tool.

So I want to say this plain and simple: There is no place for political violence in America.  Period.  None.  Ever.  (Applause.)

We saw law enforcement brutally attacked on January the 6th.  We’ve seen election officials, poll workers — many of them volunteers of both parties — subjected to intimidation and death threats.  And — can you believe it? — FBI agents just doing their job as directed, facing threats to their own lives from their own fellow citizens.

On top of that, there are public figures — today, yesterday, and the day before — predicting and all but calling for mass violence and rioting in the streets.

This is inflammatory.  It’s dangerous.  It’s against the rule of law.  And we, the people, must say: This is not who we are.  (Applause.)

Ladies and gentlemen, we can’t be pro-ex- — pro-ex- — pro-insurrectionist and pro-American.  They’re incompatible.  (Applause.)

We can’t allow violence to be normalized in this country.  It’s wrong.  We each have to reject political violence with — with all the moral clarity and conviction this nation can muster.  Now.

We can’t let the integrity of our elections be undermined, for that is a path to chaos.

Look, I know poli- — politics can be fierce and mean and nasty in America.  I get it.  I believe in the give-and-take of politics, in disagreement and debate and dissent.

We’re a big, complicated country.  But democracy endures only if we, the people, respect the guardrails of the republic.  Only if we, the people, accept the results of free and fair elections.  (Applause.)  Only if we, the people, see politics not as total war but mediation of our differences.

Democracy cannot survive when one side believes there are only two outcomes to an election: either they win or they were cheated.  And that’s where MAGA Republicans are today.  (Applause.)

They don’t understand what every patriotic American knows: You can’t love your country only when you win.  (Applause.)  It’s fundamental.

American democracy only works only if we choose to respect the rule of law and the institutions that were set up in this chamber behind me, only if we respect our legitimate political differences.

I will not stand by and watch — I will not — the will of the American people be overturned by wild conspiracy theories and baseless, evidence-free claims of fraud.

I will not stand by and watch elections in this country stolen by people who simply refuse to accept that they lost.  (Applause.)

I will not stand by and watch the most fundamental freedom in this country — the freedom to vote and have your vote counted — and — be taken from you and the American people.  (Applause.)

Look, as your President, I will defend our democracy with every fiber of my being, and I’m asking every American to join me.  (Applause.)

(A protestor disruption can be heard.)

Throughout our history, America has often made the greatest progress coming out of some of our darkest moments, like you’re hearing in that bullhorn.

I believe we can and we must do that again, and we are.

MAGA Republicans look at America and see carnage and darkness and despair.  They spread fear and lies –- lies told for profit and power.

But I see a very different America — an America with an unlimited future, an America that is about to take off.  I hope you see it as well.  Just look around.

I believed we could lift America from the depths of COVID, so we passed the largest economic recovery package since Franklin Delano Roosevelt.  And today, America’s economy is faster, stronger than any other advanced nation in the world.  (Applause.)  We have more to go.

I believed we could build a better America, so we passed the biggest infrastructure investment since President Dwight D. Eisenhower.  And we’ve now embarked on a decade of rebuilding
the nation’s roads, bridges, highways, ports, water systems, high-speed Internet, railroads.  (Applause.)

I believed we could make America safer, so we passed the most significant gun safety law since President Clinton.  (Applause.)

I believed we could go from being the highest cost of prescriptions in the world to making prescription drugs and healthcare more affordable, so we passed the most significant healthcare reforms since President Obama signed the Affordable Care Act.  (Applause.)

And I believed we could create — we could create a clean energy future and save the planet, so we passed the most important climate initiative ever, ever, ever.  (Applause.)

The cynics and the critics tell us nothing can get done, but they are wrong.  There is not a single thing America cannot do — not a single thing beyond our capacity if we do it together.

It’s never easy.  But we’re proving that in America, no matter how long the road, progress does come.  (Applause.)

Look, I know the last year — few years have been tough.  But today, COVID no longer controls our lives.  More Americans are working than ever.  Businesses are growing.  Our schools are open.  Millions of Americans have been lifted out of poverty.  Millions of veterans once exposed to toxic burn pits will now get what they deserve for their families and the compa- — compensation.  (Applause.)

American manufacturing has come alive across the Heartland, and the future will be made in America — (applause) — no matter what the white supremacists and the extremists say.

I made a bet on you, the American people, and that bet is paying off.  Proving that from darkness — the darkness of Charlottesville, of COVID, of gun violence, of insurrection — we can see the light.  Light is now visible.  (Applause.)

Light that will guide us forward not only in words, but in actions — actions for you, for your children, for your grandchildren, for America.

Even in this moment, with all the challenges we face, I give you my word as a Biden: I’ve never been more optimistic about America’s future.  Not because of me, but because of who you are.

We’re going to end cancer as we know it.  Mark my words.  (Applause.)

We are going to create millions of new jobs in a clean energy economy.

We’re going to think big.  We’re going to make the 21st century another American century because the world needs us to.  (Applause.)

That’s where we need to focus our energy — not in the past, not on divisive culture wars, not on the politics of grievance, but on a future we can build together.

The MAGA Republicans believe that for them to succeed, everyone else has to fail.  They believe America — not like I believe about America.

I believe America is big enough for all of us to succeed, and that is the nation we’re building: a nation where no one is left behind.

I ran for President because I believed we were in a battle for the soul of this nation.  I still believe that to be true.  I believe the soul is the breath, the life, and the essence of who we are.  The soul is what makes us “us.”

The soul of America is defined by the sacred proposition that all are created equal in the image of God.  That all are entitled to be treated with decency, dignity, and respect.  That all deserve justice and a shot at lives of prosperity and consequence.  And that democracy — democracy must be defended, for democracy makes all these things possible.  (Applause.)  Folks, and it’s up to us.

Democracy begins and will be preserved in we, the people’s, habits of heart, in our character: optimism that is tested
yet endures, courage that digs deep when we need it, empathy that fuels democracy, the willingness to see each other not as enemies but as fellow Americans.

Look, our democracy is imperfect.  It always has been.

Notwithstanding those folks you hear on the other side there.  They’re entitled to be outrageous.  This is a democracy.  But history and common sense — (applause) — good manners is nothing they’ve ever suffered from.

But history and common sense tell us that opportunity, liberty, and justice for all are most likely to come to pass in a democracy.

We have never fully realized the aspirations of our founding, but every generation has opened those doors a little wider to include more people who have been excluded before.

My fellow Americans, America is an idea — the most powerful idea in the history of the world.  And it beats in the hearts of the people of this country.  It beats in all of our hearts.  It unites America.  It is the American creed.

The idea that America guarantees that everyone be treated with dignity.  It gives hate no safe harbor.  It installs in everyone the belief that no matter where you start in life, there’s nothing you can’t achieve.

That’s who we are.  That’s what we stand for.  That’s what we believe.  And that is precisely what we are doing: opening doors, creating new possibilities, focusing on the future.  And we’re only just beginning.  (Applause.)

Our task is to make our nation free and fair, just and strong, noble and whole.

And this work is the work of democracy — the work of this generation.  It is the work of our time, for all time.

We can’t afford to have — leave anyone on the sidelines.  We need everyone to do their part.  So speak up.  Speak out.  Get engaged.  Vote, vote, vote.  (Applause.)

And if we all do our duty — if we do our duty in 2022 and beyond, then ages still to come will say we — all of us here — we kept the faith.  We preserved democracy.  (Applause.)  We heeded our wor- — we — we heeded not our worst instincts but our better angels.  And we proved that, for all its imperfections, America is still the beacon to the world, an ideal to be realized, a promise to be kept.

There is nothing more important, nothing more sacred, nothing more American.  That’s our soul.  That’s who we truly are.  And that’s who must — we must always be.

And I have no doubt — none –– that this is who we will be and that we’ll come together as a nation.  That we’ll secure our democracy.  That for the next 200 years, we’ll have what we had the past 200 years: the greatest nation on the face of the Earth.

We just need to remember who we are.  We are the United States of America.  The United States of America.  (Applause.)

And may God protect our nation.  And may God protect all those who stand watch over our democracy.  God bless you all.  (Applause.)  Democracy.  Thank you.  (Applause.)

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Biden: “Let me say this to my MAGA Republican friends in Congress: Don’t tell me you support law enforcement if you won’t condemn what happened on the 6th.”


The Post Millennial Clips  Published originally on Rumble on August 30, 2022

Biden: “Let me say this to my MAGA Republican friends in Congress: Don’t tell me you support law enforcement if you won’t condemn what happened on the 6th.”

UK Energy Bills Expected to Rise 80% in October


Armstrong Economics Blog/BRITAIN Re-Posted Sep 1, 2022 by Martin Armstrong

The entire West will face higher energy prices due to climate initiatives and Russian sanctions. The British energy regulator Ofgem released a troubling report citing that the average household will pay $4,200 on energy over the next year, compared to the current $2,330 annual average.

The UK raised its energy price cap in April by 54% and is expected to raise it once more this October by 80%. “This will be devastating for many families,” Jonathan Brearley, chief executive of Ofgem, told the BBC. “The difficult news I have to give today is that prices look like they are continuing to rise.” This is a drastic understatement.

An Ipsos poll found that one in 10 people already find it “very difficult” to afford energy costs over the past three months, and two in 10 found it “fairly difficult.” Over a third have installed a smart meter, and two in five have tried price comparison websites to no avail. People are already unable to afford energy costs, and 29% admitted to dipping into savings to do so, while another 15% said they missed payments entirely.

The term “fuel poverty” is now commonplace and is used for households that spend over 10% of their net income on energy bills. The University of York forecast that two-thirds of households in the UK will face fuel poverty by the beginning of next year. Families with children are the most vulnerable. This is a direct result of lawmakers pushing the climate change agenda with ZERO alternative solutions in addition to blindly supporting Ukraine at the expense of their own people.

Trudeau Throws C$100 Million at Woke Agenda


Armstrong Economics Blog/Canada Re-Posted Sep 1, 2022 by Martin Armstrong

As Canadians grapple with inflation, most taxpayers are eager to spend money on 2SLGBT programs and awareness. Well, at least that is what the Trudeau Administration falsely believes. The government has budgeted C$100 million for 2SLGBT initiatives. Sadly, they have the power to spend this money recklessly without the taxpayers’ consent.

I had to look up 2S since the acronym continues to grow by the day. The first search result in Google is from a website intended for Canadian children to understand the infinite amount of genders:

“Two-Spirit (or 2 Spirit or 2S): an important term within some Indigenous cultures and for some Indigenous people, meaning a person with both a feminine and a masculine spirit living in the same body. This is often used to describe sexual orientation, gender identity and/or spiritual identity.”

It is a shame that this is what children are learning in classrooms. So where in the WTF is this money going? Apparently, 75% will go toward diversity and inclusion, “where the real work of support comes from,” Trudeau said. That is a very broad way to say they plan to use the money however they see fit. Around C$5 million will go toward a public awareness campaign, and an additional will C$7.7 will be spent on data collection and research.

People can live life however they see fit. I do not care what you do behind closed doors. However, the taxpayer should not need to foot the bill for this alternative lifestyle. This plan will only cause people to feel a divide between traditional vs alternative lifestyles. Even many with alternative lifestyles see that this woke agenda has gone too far. “This will guide our ongoing work to fight discrimination, break down barriers, to advance rights, and to build a future where everyone in Canada is truly free to be who they are and love whom they love,” Trudeau said. Love thy neighbor for free and not at the cost of C$100 million.

Taiwan to Destroy Chinese Drones


Armstrong Economics Blog/War Re-Posted Aug 31, 2022 by Martin Armstrong

https://video.udn.com/news/1245480

The video above has gone viral, depicting Taiwanese soldiers throwing rocks at drones believed to be sent by China. Reports are circulating that Taiwan also allowed store-bought civilian drones to enter its airspace, which leaves many to wonder how they can compete against China’s military surveillance. Backed by the US, Taiwan is beginning to push back against China and its One China policy. The Ministry of National Defense (MND) has reported that they will begin to shoot down Chinese drones or unmanned aerial vehicles (UAVs).

The MND said that it plans to invest in anti-drone defense systems over the next four years to the tune of $141 million. There have been 23 drone spottings in Taiwan since Pelosi’s reckless visit. It should be worth noting that Taiwan donated 800 carpet bomber drones and 860 combat drones to Ukraine to combat Russia. China is taking notes from Russia, while Taiwan is taking notes from Ukraine. Why would Taiwan offer a vast quantity of drones to Ukraine if they are in need of their own protection?

The simple answer is that support from the US has emboldened Taiwan. They do not fear an escalation of tensions when US warships are passing through its waters. Time will tell how China responds as the One China policy is under fire.

Suspicious Timing, AG Merrick Garland Sends Memo to DOJ and FBI Employees Reminding Them Not to Talk to Congress


Posted originally on the conservative tree house on August 31, 2022 | Sundance

Absent of anything else going on, this memo would seem innocuous.  However, when you consider that at least 20 FBI whistleblowers from the FBI have approached both the house and senate in the past several weeks, this memo takes on a new meaning.

According to the memo sent internally by AG Merrick Garland, he is reminding everyone in the DOJ/FBI about the restrictions against talking to congress. [SOURCE]

The internal citations take you to Justice Manual, Section 1, Title 800: “Congressional and White House Relations” [LINK]

1-8.200 “Except as provided in this chapter, no Department employee may communicate with Senators, Representatives, congressional committees, or congressional staff without advance coordination, consultation, and approval by the Office of Legislative Affairs (OLA).  All congressional inquiries and correspondence from Members, committees, and staff should be immediately directed to OLA upon receipt.” [LINK]

Make of the timing what you will; however, if you have followed the political corruption within Main Justice and the FBI, the intent of the memo seems pretty clear.  A warning to those who might consider trying to escape the clutches of a comprehensively corrupt institution.  Or as Senator Chuck Grassley recently stated:

“If these allegations are true and accurate, the Justice Department and FBI are – and have been – institutionally corrupted to their very core to the point in which the United States Congress and the American people will have no confidence in the equal application of the law. Attorney General Garland and Director Wray, simply put, based on the allegations that I’ve received from numerous whistleblowers, you have systemic and existential problems within your agencies.” (LINK)

Does the US Want War with China?


Armstrong Economics Blog/Politics Re-Posted Aug 30, 2022 by Martin Armstrong

China does not want a war with the US. The US, however, is continually provoking China by using Taiwan as its scapegoat. The US Navy announced that two warships will be traveling through the Taiwan Strait. The reasoning? The military aims to demonstrate freedom of movement through international waters. In other words, they deliberately want to anger China.

Nancy Pelosi began the subtle attack on China when she visited Taiwan and disregarded warnings from every intelligence agency. China repeatedly warned America not to interfere in its One China policy. Yet, Pelosi said she wants Taiwan to liberate Taiwan.

“We take this trip at a time when the world faces a choice between autocracy and democracy,” Pelosi said. “We cannot stand by as the CCP proceeds to threaten Taiwan — and democracy itself,” Pelosi said in a statement. “Our congressional delegation’s visit should be seen as an unequivocal statement that America stands with Taiwan, our democratic partner, as it defends itself and its freedom.”

China flexed its military power as soon as Pelosi left by performing almost a mock invasion through the skies and sea. As of this week, Taiwan reported 23 Chinese aircrafts and eight ships around Taiwan. Russia was provoked by NATO and backed into a corner before invading Ukraine. Beijing is increasingly feeling the pressure as the US is not actively abiding by its One China policy. Between the current recession, proxy war in Ukraine, and surmounting debt, the US is simply stretched too thin to enter a war with China.

Our models warn that geopolitical tensions will rise going into 2023. China is selling off US debt, which is another sign of coming geopolitical problems.

The Build Back Better Western Energy Policy is Making Russia Very Rich


Posted originally on the conservative tree house on August 29, 2022 | Sundance

As the global cleaving begins taking shape based on the new western energy system, the Build Back Better agenda, Russian energy exports are worth a lot more money.  As a result, the Russian economy has gained more wealth than before the western sanctions regime was triggered.  As noted by the Wall Street Journal:

(Via WSJ) – […] Demand from some of the world’s largest economies has given Russian President Vladimir Putin the upper hand in the energy battle that shadows the war in Ukraine, and has confounded the West’s bid to cripple Russia’s economy with sanctions.

Sales are booming in Russia’s export market, the world’s largest in crude and refined fuels. And new trade arrangements have given Mr. Putin cover to use natural gas exports as an economic weapon against Ukraine’s European allies. Before the war, Russia supplied Europe with 40% of its gas. It has since throttled flows through the Nord Stream pipeline to Germany and other conduits, driving prices higher and putting pressure on European households and businesses.

Oil revenue more than makes up the difference. “Russia is swimming in cash,” said Elina Ribakova, deputy chief economist at the Institute of International Finance. Moscow earned $97 billion from oil and gas sales through July this year, about $74 billion of that from oil, she said.

[…] Russian energy sales have flourished by finding new buyers, new means of payment, new traders and new ways of financing exports, according to oil traders, former Russian industry executives and shipping officials.

“There came a realization that the world needs oil, and nobody’s brave enough to embargo 7.5 million barrels a day of Russian oil and oil products,” said Sergey Vakulenko, an analyst and former Russian energy executive.

After buyers in the U.S., the European Union and their Pacific allies cut back their Russian oil imports, much of it went to nations in Asia that have declined to take sides in the conflict.

An unexpected market has been the Middle East. Exports of Russian fuel oil, a lightly refined version of crude, now go to Saudi Arabia and the United Arab Emirates, often stopping in Egypt en route.

The Russian oil is either burned in Saudi power stations or exported from Fujairah, a U.A.E. port and hot spot for blending Russian and Iranian oils to conceal their provenance. This is oil that before the war was shipped to U.S. refiners.

The Russian imports, purchased at a discount, free state giant Saudi Arabian Oil Co. to export its crude at market prices. “The Saudis are happy to take their oil and sell it rather than burning it,” said Carole Nakhle, chief executive at consulting firm Crystol Energy.

The arrangement adds supply to the global oil market, helping put a lid on prices. “This is a win-win situation for the Russians and even, I would say, for the Europeans and the U.S.,” Ms. Nakhle said.  (read more)