Posted originally on the CTH on December 25, 2023 | Sundance
U.K Pundit Neil Oliver uses his weekly monologue to remind us of the humanity behind the Christmas message. For the greatest hope within the birth of Jesus Christ, a child’s birth that represents all hope, the purest hope.
…”people feel the cold, and not just the cold of winter. But the cold of an antihuman ideology that would take everything from us, including each other, including everything that makes Christmas so important. In all circumstances it is possible, vital, to remember the light; to remember that light and warmth are real. We can resist in simple and fundamental ways, like keeping lights lit and fires warm wherever it is possible – by keeping Christmas. Here’s the thing, day follows night; winter follows summer and autumn; but winter, even the darkest winter, knows that the spring is coming… that the spring, always comes!”
Posted originally on the CTH on December 23, 2023 | Sundance
As the story is told, the “republicans” have the lowest amount of reserve cash on hand in the past seven years. However, as readers here are well aware, it’s not the republicans that are “running out of money,” it is the RNC Corporation that is running low on funds. These are two distinctly different things.
In the era of the great political awakening, the term “uniparty” has now become a well-known in conservative lexicon to describe our national political situation. The RNC and DNC are two private corporations that form each wing of the Uniparty vulture.
The RNC and DNC are private entities, private corporations, that manage the illusion of the two-party political system in the United States. The reality is that both corporations are funded by the same multinational donors.
The RNC and DNC are essentially private clubs, business entities that exist within a political system they create and control. In the era of Donald J Trump, this stark reality is now clear to almost every voter.
As a result, the RNC corporation does not receive most of its funding from the American electorate. The people have switched from funding the republican corporation, the RNC, to directly funding the individual republican candidates.
The people who control the RNC keep the illusion in place because they have no option; their entire business model is dependent on retaining a false premise. However, the people have moved on. The RNC is irrelevant to grassroots, small donors. Only the multinationals continue funding the RNC, which makes the candidate funding from the RNC an outcome of who the multinationals, hedge funds, and Wall Street billionaires choose to select.
The MAGA base does not fund the RNC, and in most instances the RNC funded candidates are antithetical to the objectives of the America-First movement. This inherent reality creates two types of Republicans, the RNC/Corporate republicans – beholden to the multinationals and millionaires, and the MAGA republicans who must serve the interests of the MAGA voters.
We are currently in this transitional phase, which is why we see the constant battle between the two distinct groups of republicans in DC.
Candidate President Donald Trump often is in a position of trying to connect the two disparate groups; however, recently there has been a more confrontational approach toward the corporate controlled republican politicians. This dynamic, conflict and inherent battle is what we call “The Big Ugly” and it must be waged in order to stop the historic illusion of choice being gamed by the RNC.
[Newsweek] – The amount of money that the Republican National Committee (RNC) had on hand for spending at the end of November was the lowest bank balance it has had at that point in any year since 2016, disclosures to the Federal Election Commission (FEC) show.
In a filing on Wednesday, the GOP governing body revealed it had $9.96 million to spend as of November 30, which is less than half what it had to work with when Donald Trump was contesting his first presidential election.
By comparison, the Democratic National Committee (DNC) reported cash on hand of over $20 million for the same day. Both parties’ committees have seen downward trends in funds they can draw upon since 2021, but the RNC’s balance has been around half that of its counterpart in the past two reporting periods.
[…] Oscar Brock, an RNC member from Tennessee, told the Post: “We’re going through the same efforts we always go through to raise money: the same donor meetings, retreats, digital advertising, direct mail. But the return is much lower this year. If you know the answer, I’d love to know it.” (read more)
Given the nature of corporate political structures, I suspect Kevin McCarthy will eventually replace Ronna McDaniel…
Have you ever boiled milk? It happens slowly at first, then suddenly all at once…. Slowly AT First (SAF)!
Currently the influx of illegal, unvetted, unchecked and undocumented migrant arrivals into our country is happening at the rate of more than 200,000 every month. That’s three college football stadiums of unknown characters arriving and disbursing each month. These statistics are just the recorded intercepts and releases, this statistic does not include those who found a way through without presentation at the border.
This scale of influx has been happening for almost three years now.
We are beyond the point then the unsecured border is the issue…. With tens-of-millions of unknown migrants seeded throughout the nation, we are now in the consequence phase. We are now in the consequence phase. Repeated, intentionally because so many people just don’t understand what those consequences will mean.
The “fundamental transformation” is proceeding without any impediment. However, now we see various voices in the uniparty politic starting to position themselves, their statements, their expressions, in such a manner as to avoid blame for a situation that is about to explode.
Posted originally on Dec 22, 2023 By Martin Armstrong
COMMENT: You overlook all the civilians being killed in Ukraine and in Palestine.
LS
ANSWER: As they say, history is written by the victor. I do not know what planet you are from, but I have said MANY times that typically, an equal amount or more civilians die in war than soldiers. It does not matter what war you want to talk about. How many millions of Vietnamese died? How many Iraqis died to get one man? The American Civil War using census data, the demographic historian Dr. J. David Hacker published “A Census-Based Count of Civil War Dead” in the scholarly quarterly Civil War History, reported a more accurate estimate of Civil War deaths is about 750,000, with as many as 850,000 dead. This is based on the census data – not death on the battlefield. The civilian deaths were most likely in the neighborhood of 200,000+ dead.
Civilians ALWAYS die in war. It is estimated that over 200,000 died in Hiroshima and Nagasaki. Starting a war with Russia will result in countless civilian deaths and the destruction of most of the monuments of Europe. All of this for what?
The Dresden Massacre – February 1945
I am sure you have never heard of the Dresden Massacre carried out by the Allies that killed an estimated 250,000 German civilians. Japan overshadowed Dresden in August 1945. Some accounts claimed 500,000 civilians died in Dresden. About 600,000 refugees from the had hidden in Dresen, joining an estimated 600,000 inhabitants. After the waves of bombers had passed in the night, they dropped phosphorus bombs on Dresden, which burned people alive.
Then, in daylight, low-flying aircraft mowed down visible survivors running in the streets. The Western press did not report the civilian massacre, just that 8,000 aircraft flew to destroy Dresden with 3,000 bombers. The phosphorus bombs were dropped on Dresden without any regard for civilians since they were Germans who deserved death for being born German. It was akin to the dropping of Napalm (liquid fire) on Vietnam, burning civilians alive then as well.
During the American Civil War, General Sherman told his Troops at Vicksburg – War is hell.
Posted originally on Dec 21, 2023 By Martin Armstrong
COMMENT #1: This is in regards to your blog labeled “Homelessness at All-Time High in World’s Wealthiest Nation.” My wife tried to get her Aunt, who has nothing but the clothes on her back, government assistant housing in South Carolina. They told us they haven’t been accepting applications for over a year. You can see for yourself on their SC assistance website. So I’m not sure what HUD means when they praise the Biden/Harris administration….
Kevin
COMMENT #2: I never voted for Trump and thought he was arrogant. But after watching how hard these people are trying to stop him, it is obvious that they are scared to death of what happens if he wins. I have two sons, 18 and 20. I do not want to see them drafted to help Ukraine. This time, I am voting for Trump to save my children.
NS
REPLY: The mainstream press has abandoned the people. All we get is nonsense and propaganda that comes from Washington; they click their heels and say Sieg Heil! So many emails are coming in that say they never voted for or liked Trump, but now they will vote for him to shake up Washington. These people in DC have to stop destroying this country. Trump is rising in the polls, NOT because he is some saint. It is all becoming so obvious that it is a vote against Washington.
It seems like a lot of people are coming to the conclusion that a vote for Trump is a vote against Washington and, certainly, the Neocons. A Trump victory would transform Washington into a sitcom.
Nevertheless, I think they would assassinate Trump before his hand hits the book. They cannot allow him to take office because they won’t get World War III. My concern is they intend to start war ASAP to box in Trump where he cannot exit a war they have already begun. Pay attention. NATO will be deploying more Troops on the border of Russia in Estonia and Lithuania, where they can launch an attack against Russia, whereas Ukraine is not a member of NATO.
The crisis would be the exposure of the FBI, NSA, and CIA and whether they would follow Trump’s orders. I seriously doubt that would happen. This is the Deep State fighting for its life. Maybe this is the time. We will have to see. The USA will not stand anyhow, and we are looking at the collapse of the country we grew up in because of the deep-seated corruption at every level. What the Biden Administration has pulled off in Colorado is just shocking – an absolute direct attack on the foundation of Democracy. Bideneconomics has been a disaster, and it will get a lot worse in 2024.
This is somewhat of a predictably tragic outcome all things considered. I remember a previous conversation on these pages when GM moved massive investment into China to build their mid-size SUV brand, Encore.
Continuing the U.S. decline of the brand, the Wall Street Journal is reporting that approximately half of all Buick dealership in the U.S. have opted to take a buyout from GM, as opposed to spending millions in retooling, restructuring and retraining their staff to accommodate the EV influx.
Most of the EV’s shoved onto the dealer lots sit idle without customers to purchase them.
Wall Street Journal – General Motors (GM) has bought out about half of its 2,000 Buick dealers nationwide, based on their decision to not sell electric vehicles, according to a company spokesman Wednesday.
Dealers who are taking the buyout would give up the Buick franchise and no longer sell the brand, he said. The dealer can continue to sell other GM models, such as Chevrolet or GMC, that often account for a higher percentage of sales.
The Wall Street Journal reported in late 2022 that the automaker planned to offer buyouts to its U.S. Buick dealer network. The move came after the Detroit automaker gave the dealers a choice: Invest at least $300,000 to sell and service electric vehicles, or exit the Buick franchise. The investments would cover EV chargers and worker training, among other initiatives. (read more)
The Joe Biden EPA mandates for Electric Vehicles are going to crush the U.S. auto industry and consumers. On the upside, regular, well-maintained gasoline powered used vehicles will hold their value longer. Overall new car prices are already ridiculous and the prices of the EV’s are substantially higher.
Along with higher entry prices, the insurance is higher, maintenance costs are higher and the replacement parts for EV’s are insanely high. In some models the replacement batteries cost more than the vehicle is worth. How the auto industry thinks these mandates are sustainable is beyond logic, then again maybe that’s the feature, not the flaw.
If the overall goal is to reduce the number of vehicles on the road and control the transportation choices of the American public, then the EV mandate policy is designed well.
It’s all madness, and only one commonsense businessman seems to understand the issue.
Posted originally on Dec 21, 2023 By Martin Armstrong
QUESTION: Why do you seem to be the only analyst who understands central banking? My son got an internship at one of the major banks in New York during the summer. I won’t say which bank, but he asked a senior-level guy there about you and the interest rates, explaining I had been following you for years. He said you were the only one with international experience and who has ever advised multiple central banks. Is that the answer?
PK
ANSWER: Perhaps in part. But there is a massive gap between the experience of those of us who have dealt at high levels internationally and domestic analysts who always seem wrong calling the shots based on the headlines they read.
The number one problem is this fiction that the dollar is a fiat currency when, in fact, currency from the beginning of time has ALWAYS been valued NOT by its pure metal content but by who issued it. There has historically always been a premium to the currency of the dominant economy.
When Cyrus the Great conquered Lydia, he continued to strike coins of their design because they were highly regarded in international trade. We see the same with Roman coinage imitated in India when they, too, could have issued their own designs, but the Roman coinage carried a premium.
Even when the Barbarians were on the Northern frontier of Rome, they too took silver and struck imitations of Roman coins because they were worth more than the metal content. In 260AD, when emperor Valerian the Persians captured me, there was a Financial Panic of 260AD where bankers suddenly did not know if Roman coins would still be worth anything when there was no emperor.
While everyone claimed hyperinflation would engulf the world because of Quantitative Easing (QE), I warned there would be no such inflation. Indeed, with QE, there was no inflation, and people then developed the Modern Monetary Theory, claiming that they could increase the money supply and it would not result in inflation.
The entire problem rests with the fact that these people not only did not understand the role of money but also failed to grasp international capital flows and how they play into the world economy. Because you can now buy US TBills and place them as collateral to trade with at a brokerage house, the debt is simply money that pays interest. BEFORE 1971, it was illegal to borrow against government bonds. For you see, if you could borrow against the bonds, that meant the bonds were part of the REAL money supply.
Once debt became cash that paid interest, that changed economics forever. I have said over and over again the Fed is NOT the problem, and it can not stop inflation with interest rates. The REAL money supply if the national debt, so if the Fed buys-in 30-year bonds and creates cash to do so, it is NOT increasing the money supply; it is increasing the liquidity – that is all. Swapping cash for bonds does not change the balance sheet. If you buy a house for $100,000 and pay cash, then you have merely converted your cash into an asset.
Now, it all depends upon the buyer. If I have a building and sell it to a fellow American for $10 million, it does NOT alter the domestic money supply. However, if I sell it to Brit, he brings in cash to buy the property, and that DOES INCREASE the money supply BECAUSE he has imported $10 million that did not previously exist within the domestic system.
This is a very complex topic that only those of us in international finance ever encountered. I helped the Japanese reduce their trade surplus for political reasons. I had them buy gold in New York, export it to London, and sell it there. The trade statistics only count dollars in and dollars out – not the product. Buying gold and exporting it reduced the trade deficit, and nobody understood anything.
I handled a lot of the takeover boys during the 1980s when they made the move about Wall Street. They never understood what I was doing. The stocker was way undervalued when you could buy a company, sell its assets, and double your money. I took it to another level. I ran the model on currencies, and we would then buy like all the Courage Pubs in England but borrow in Swiss in a currency that would decline against the asset. We were making 20% on the currency moves besides the asset values. I was restructuring companies selling assets in one currency to buy assets in another to create balance hedge portfolios. That’s how I became friends with Maggie Thatcher. She wanted to know who this guy was sending companies into Britain.
Maggie was one of the few world leaders who grasped what I was doing. She kept Britain out of the EU because she understood what and how I was restructuring multinational companies. They staged a coup against here to take the pound into the Euro, then Soros attacked the overvalued pound in the ERM, and John Major had to reverse the entire mess, making Soros very rich in the process.
I will get around to doing my memoirs. I understand what I was doing set the stage for the world economy post-1971 Bretton Woods. That’s why Milton Friedman bothered to listen to my lecture about currencies in Chicago.
Posted originally on Dec 21, 2023 By Martin Armstrong
Finally, the Republicans have come together as a party to condemn the absolute tyranny of current administration. The leading GOP candidates have put their criticisms aside to express their absolute disgust at the Colorado’s Supreme Court’s ruling to remove Trump from the ballot.
No candidate was more outspoken in his disgust than Vivek Ramaswamy who has vowed to remove his own name from Colorado’s ballot if disqualified. “Today’s decision is the latest election interference tactic to silence political opponents and swing the election for whatever puppet the Democrats put up this time by depriving Americans of the right to vote for their candidate of choice,” said Ramaswamy. He accurately noted that the Democrats have tried EVERY trick in the book to block a Trump 2024 victory. Below is the letter he posted on X, explaining why weaponizing our elections denies EVERYONE the freedoms we were promised by the Founding Fathers of this very nation.
This is what an *actual* attack on democracy looks like: in an un-American, unconstitutional, and *unprecedented* decision, a cabal of Democrat judges are barring Trump from the ballot in Colorado. Having tried every trick in the book to eliminate President Trump from running in…
Establishment favorite Nikki Haley has even condemned the measure, albeit lightly. “We don’t need to have judges making these decisions, we need voters to make these decisions so I want to see this in the hands of the voters. We’re going to win this the right way, we’re going to do what we need to do,” she commented. Of course, she is obligated to say this as this obvious abuse of the justice system has enraged the public.
Ron DeSantis reposted a gif of bananas dancing as a nod to the lawless banana republic this nation has dissolved into. “The Left invokes “democracy” to justify its use of power, even if it means abusing judicial power to remove a candidate from the ballot based on spurious legal grounds. SCOTUS should reverse,” he posted on X.
At the time of this writing, Vivek is the only candidate bold enough to remove himself from Colorado’s ballot. He vehemently believes candidates are proving that this measure was effective if they fail to follow suit.
Robert F. Kennedy, an Independent, warned the nation’s voters that they should be extremely concerned about the future of the US. “Every American should be troubled by the Colorado Supreme Court’s decision to remove President Trump from the ballot. The court has deprived him of a consequential right without having been convicted of a crime. This was done without an evidentiary hearing in which he is given the basic right of confronting his accusers,” he posted to X. “If Trump is kept out of office through judicial fiat rather than being defeated in a fair election, his supporters will never accept the result,” he added. “This country will become ungovernable. It’s time to trust the voters. It is up to the people to decide who the best candidate is. Not the courts. The people. That’s Democracy 101.”
Listen to what Kennedy is explaining here. Trump is currently the most popular candidate by far. If he is denied the opportunity to run in an election, the people will NEVER ACCEPT THE RESULTS. They are setting the stage for a Civil War if they fail to allow Trump to run again. It does not matter who wins the next election, as neither side will accept defeat. Half of the nation will view this move as blatant election fraud and manipulation, and as Kennedy said, “This country will become ungovernable.”
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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