Tag Archives: Political Corruption

May 8 2022

Mexican President Calls Out Hypocrisy of Biden Sending $33 Billion to Ukraine While Doing Nothing to Support Central America Which Would Stop Illegal Migration


Posted originally on the conservative tree hose on May 7, 2022 | Sundance

Mexican President Andres Manuel Lopez-Obrador (AMLO) is not wrong on this one.  AMLO is calling out Joe Biden for sending $33 billion more to Ukraine, while doing nothing financially in central America which would alleviate the migration pressure.

The article, as written, and general tone from President Lopez-Obrador, are expressed from the perspective that Biden has his foreign policy problem solving emphasis on the wrong syllable.

Put that level of subsidy into support within Central America and the migration issue would correct.  Unfortunately, as more people are becoming aware, the location of Biden’s financial emphasis is a feature of the White House plans, not a foreign policy flaw.

Ukraine is viewed as a priority because the DC politicians and corporations gain financial benefit from Ukraine spending.  If Biden were to drop $30 billion in central America, it would impede the White House agenda to keep the southern border crisis going.  The border collapse is a goal of the White House, not a mistake.

GUATEMALA CITY — Mexican President Andrés Manuel López Obrador started a five-day tour to four Central American countries and Cuba on Thursday by lashing out at the U.S. government.

López Obrador criticized American officials sharply for being quick to send billions to Ukraine, while dragging their feet on development aid to Central America.

On his first stop in neighboring Guatemala, López Obrador demanded U.S. aid to stem the poverty and joblessness that sends tens of thousands of Guatemalans north to the U.S. border. The Mexican leader had been angered that the United States rebuffed his calls to help. (read more)

May 8 2022

Poll, 65 Percent of Americans See Current Inflation Problem Lasting a Year or More


Posted originally on the conservative tree house on May 7, 2022 | Sundance

Fox News conducted a poll last week [Data Here] asking about views on the economy overall.  As would be expected the majority of Americans see the economy as the #1 issue right now.

When asked for their view on how long the issue of rising prices are likely to remain a problem, 65% of the respondants said a year or more, while 29% had a more short-term view.

It is very hard to see a short-term end to inflation, accepting the status of energy prices and the looming issue of much higher food prices later this summer and fall.  In both the energy sector and the food sector the upward pressure on prices remains incredibly strong; perhaps the strongest ever predictable scenario for much higher prices yet to follow.

Fox News – […] Three-quarters say recent price increases pose a financial hardship for their family.  And increasing numbers say they are a “serious” hardship.  Higher grocery prices are a serious problem for 44%, up from 36% in February. Same story on gas prices:  44% serious hardship, up from 35%.  (more) 

♦ Where are we now?   There are two sub-sets:

• Inflation on durable goods should now be nearing the apex.  The durable goods price flatlines right now as all production costs are embedded in the cost of the product.  The prices of finished goods are now set; inflation has caught up to production; the prices of on-shelf and inbound deliveries are higher, but stable.

Now, we enter the phase where consumer demand becomes the dominant factor in price.  Simultaneously, demand is contracting because the higher rate of inflation in highly consumable goods (energy, utility costs, housing, gasoline, food) is now a spending priority for consumers and eating a larger portion of wages.   As a result, the price of durable goods is now dependent on the ability of the consumer to pay for them.

Sellers of durable goods are going to be chasing a smaller customer base who can afford them.  Durable goods prices will remain static, and now durable goods prices will likely become part of the competitive equation.  The businesses within the durable goods sector are going to have to find customers in order to stay in business.  Incentives will show up this spring/summer as businesses need customers.   If you are a wise, careful and smart shopper for durable goods you will find deals

• Inflation on consumable goods is not yet at the apex.  It’s likely close to production parity, but prices pressures are still volatile in the upward direction. The price of gasoline and transportation overall will be a big factor in current prices of highly consumable goods.  We should see oil, gas and energy prices stabilize first.

Rents will likely increase for another three to six months, then stabilize (and, in my opinion start to fall late summer).

Housing overall is far more challenging as mortgage rates are climbing.  Refinancing as a method to bridge the income gap between wages and expenses is a big problem now in this phase.  There is going to be a period of massive fluctuations and instability in the housing market depending on region and employment stability as the recession phase of the total economy is going to bite hard.

For most regions with mixed blend underlying economies (products and services) macro housing prices have peaked in the last 15 days.  For ordinary housing purchases, not institutional investments, we should start to see price decreases again as the customer base for high prices shrinks.  Obviously, this is driven by inventory and regional specifics; however, I am talking in the aggregate within the macro housing situation.

Food prices still have some upward pressures through Memorial day.  Then a period of stability will settle, before the third wave of food inflation hits later in the summer/fall of this year; that’s when the increases in farming costs will reach the fork.

Late summer and fall food prices will likely be 15 to 20 percent higher than current prices at the supermarket.  The fresh foods will be on the upper side of the future price wave, and the processed foods on the lower end; however, both will increase.

The last factors in the food price are far more challenging to predict….  Supply?   Any problems within the food production cycle that impacts supply will drive prices, beyond what we already expect.  If there are major shortages, the prices will go even higher.

This food environment is unfortunately the best time for Big Agriculture, the Wall Street multinationals, to make the most profit.  The Big Ag multinationals will exploit every possible angle within inventory, supply and harvest controls to maximize their profit equation.  There are a great deal of unknown global variables right now that could impact U.S. food prices later this year.  The only certainty is that prices will further increase.

Joe Biden sucks.

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

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

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

The Fed (monetary policy) and White House (fiscal policy) are working together to try and manipulate the economy.  You can identify their intent by noticing both actions, raising interest rates -&- massive spending, work to counteract each other.

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

If this isn’t “stagflation” I have no idea what it would be.

FUBAR

May 7 2022

An Important German Documentary on Ukraine


Armstrong Economics Blog/Ukraine Re-Posted May 7, 2022 by Martin Armstrong

This is a MUST-watch Documentary from a German journalist who has been on the ground. It is important to see the other side of events for anyone who only listens to one side, is denied the very idea of free thought.

A number of people asked to see an ECM on Zelensky himself. This lines up perfectly with the final wave for Ukraine as well between 2021 into 2025 where it is highly likely we will see war escalated post-2024. Zelensky got his staring role to pretend to be a comedian who became president in line with the ECM turning point 2016.75 which marked the peak in confidence in government globally. 2016 saw both Brexit and Trump win which were direct blows to the establishment.

May 7 2022

The Ministry of Truth is Deeply Sinister and Orwellian


Armstrong Economics Blog/North America Re-Posted May 7, 2022 by Martin Armstrong

It is no secret that other nations see the president of the United States as a joke. In this video, Australian reporters are shocked that Biden openly laughed at a joke about record-high inflation. He is literally laughing AT you — the Great Unwashed. Sky News host Rita Panahi said The Ministry of Truth is “deeply sinister and Orwellian.” The corruption and tyranny have become so blatant that it is almost laughable — almost.

On April 25, 2022 – Twitter accepted Musk’s offer and two days later Biden took the same step as Hitler in establishing his ‘Disinformation Governance Board’ to fight ‘misinformation’ (a la George Orwell’s “Ministry of Truth”). Biden is clearly out to obstruct Musk and free speech.

May 7 2022

Zelensky & World War III


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

Our computer warned back in 2013 that Ukraine would be the place where World War III would begin. I warned that the ONLY way to prevent that was to split Ukraine based on the language. While the propaganda is that Kyiv is fighting for freedom and democracy, they have refused to allow Donbas to vote and recognize their independence. The hatred in the West of the Russian-speaking East is well documented. It stems from the period of Stalin’ starving of 7 million Ukrainians to pretend that Communism was working. The fact that Stalin was not Russian but a Georgian has been lost in the pages of history.

The Dnipro River was the border between the old Russian Empire and Ukraine. The East of that river was NEVER Ukrainian territory. It was assigned to Kyiv under the USSR for administrative purposes. Crimea was always Russian and was merely assigned to Kyiv in 1954 under the USSR. Nevertheless, we are to throw the entire world into war over this nonsense only because it serves the objectives of the Neocons and the World Economic Forum which cannot pull off this Great Reset without also overthrowing both the governments of Russia and China. Sorry to inform them that our computer has NEVER been wrong on geopolitical forecasts and it is written in stone, in the end, the West will lose to China, which has already stated that it is in a strategic partnership with Russia. SO while people die to fill Zelensky’s offshore accounts and I warned from the outset that he was the agent who would create World War III,  he has been preaching this is World War III to engulf the entire world for this territorial grab that is historically unjustified.

The Nazi Ukrainian troops are clinging to control of the steel plant in Mariupol. Our sources say that the Russian troops have breached their defenses and hand-to-hand combat is even taking place inside. They have asked for support from Kyiv, but so far that is not coming. This is the final stronghold and this fierce attack is to deliver the Kremlin a victory against the Nazis days ahead of a major Russian military holiday on Monday.

 The steel plant is the last area in Mariupol still under Ukrainian control, and its fall would be a blow to Kyiv. Putin again called Macron for he is the only leader who appears to be interested in a peace agreement. Putin misjudged that the West NEEDS war with Russia and they are counting on the belief that he will not use nuclear weapons.

In reality, there are those who argue that the smartest thing that Russia could do is to take a lesson from the USA. The argument calls for the use of a small tactical nuke and take out Kyiv and then call the bluff of the USA and NATO. Would the West retaliate and go nuclear which would then result in Europe and the USA being in the direct line of fire? I doubt it. But once the US dropped the two bombs on Japan, that ended the war. With the Pelosi delegation saying there is no peace and only total victory with the defeat of Russia is acceptable, this will be another endless war.

What is important to understand is that 1 Hiroshima Bomb Explosion was equal to 0.01434034416826 Megatons of TNT. Today, Russia has more nukes than anyone, but just one is 100 megatons. One can take out the entire island of Britain. The people behind Putin would nuke Kyiv following the lesson of World War II betting that the West will not retaliate and destroy the entire world. We are certainly rolling the dice and our braindead world leaders do not seem to comprehend either the risk or strategy.

Zelensky has polarized the entire world. By him suddenly pretending to be a practicing Jew when his children were baptized Christian, he has ignited the threat of war again in the Middle East. The surrounding countries of Israel are aligning with Russia. Even Knesset Member Itamar Ben-Gvir entered the Temple Mount on Israel’s 74th Independence Day and declared: “The time has come to build a Jewish synagogue on the Temple Mount.” The argument is that the Jewish people are compelled to rebuild the Temple on the very spot of the Dome of the Rock on Temple Mount. The supporters of that point to: “And let them make Me a sanctuary that I may dwell among them” (Exodus 25:8). Obviously, Zelensky has destabilized the world much more than people realize.

No doubt, this will conjure up those who will be writing about the poem from the classic movie – The Omen. It certainly looks like there will be those who will start to look at Zelensky a whole lot differently. The one thing for certain is he has certainly played his part well acting out this world leader to get the ball rolling. Is Zelensky really the Manchurian Candidate to lead the entire globe into World War III? There are voices rising such as Brazil’s Lula saying Zelenskiy is “As Responsible as Putin” for Ukraine War.

The Neocon Bill Kristol was advocating the overthrow and the various leaders in the Middle East under the theory that introducing Democracy would ultimately provide security for Israel. This same theory that taking out Putin and the Russians will cheer us with open arms. That failed in the Middle East, and it will fail in both Russia and China. The propaganda is creating hatred of the Russian and Chinese people to sell this war to the American and Europeans has internal civil consequences just as the Japanese internment camps of WWII. This hatred the Neocons have created against Putin with Xi to follow, can not be confined to exclusively their leaders. Yes, Bill Kristol spoke at one of our WEC’s back in the early ’90s. As always, I seem to have encountered all the players in this game of world denomination right down to shaking hands with Schwab.

May 7 2022

Don’t Divert Your Attention to Roe v. Wade


Armstrong Economics Blog/USA Current Events Re-Posted May 6, 2022 by Martin Armstrong

A coming Supreme Court ruling to overturn Roe v. Wade was secretly “leaked.” Uncoincidentally, the news came right before the 2022 US midterm elections. Everyone is understandably up in arms after Biden formed a Disinformation Governance Board to become the ultimate authority for what we may believe is true. Most Americans want Biden out of office, with only 37% saying he should run for re-election.

The fake plight to save the people of Ukraine was not enough to garner Democratic support. The virtue-signaling appealed to the left at first, until Biden handed Ukraine billions of dollars and dismissed his campaign promise to forgive student debt. The COVID power grab has loosened from Biden’s grip, and his approval numbers have been steadily declining.

Abortion has been a hot topic since Roe v. Wade permitted the practice in 1973. The same people who are shouting, “MY BODY, MY CHOICE!” did not feel that way when the government wanted to mandate experimental vaccines. They were OK with countless people losing their jobs and lives because the government knew what was best for our health, and we had a moral obligation to obey. They claim Roe v. Wade protects women but are attempting to eliminate women from our society.

The latest Supreme Court Justice Kentanji Jackson said she could not define a “woman” as she is not a biologist. Biden actually banned the word “mothers” as femininity is offensive to the far left. Instead, we are supposed to call them “birthing people” since the woke community maintains that men can give birth. Apple even added pregnant men emojis to its platform.

Not to be outdone, the US is #1 for infant mortality among developed nations. Do you know the leading cause of death for “birthing people” in the US? HOMICIDE! More women die in this country from homicide than from pregnancy or birthing complications. Black women in particular are three times as likely to die from homicide while pregnant. Men are almost always the culprit.

Yet, no one sees gender or these very alarming issues. Women are no longer protected in this country; Roe v. Wade is not the issue. How can we protect women when we deny their existence?

May 7 2022

The Future According to the ECM


Armstrong Economics Blog/Armstrong in the Media Re-Posted May 6, 2022 by Martin Armstrong

May 7 2022

CNN Abortion Poll Backfires, Ultimately No Opinions Moved by SCOTUS Leak


Posted originally on the conservative tree house on May 6, 2022 | Sundance 

CNN contracted for an urgent poll of voters [Article Here] to gauge the anticipated enthusiasm bump that Democrats were expecting for the mid-term elections. [SEE POLL pdf HERE] However, unfortunately for the wide-eyed narrative engineers expecting the stratospheric shift in support…. the results show no one really cares.  LOL

The results from the poll show despite about a 50/50 split in response to the question about have you heard of the SCOTUS decision to overturn Roe v Wade, there was almost no statistical change in voter opinion from prior polling.

More depressingly for the leftists in media, when it comes to enthusiasm about voting in the mid-terms because of this issue, the enthusiastic crowd is the pro-life happy people. The registered voters who would be grumpy or angry was 20%.  The registered voters who would be happy or joyful was 38%.  Whoops.  But wait, it gets better….

When you compare the results of the internal questions to the last time they were asked, there’s no difference in response.  This issue is such a predetermined opinion, that virtually nothing around it changes.

CNN has sad.   See video below (prompted):

.

The net takeaway is a big nothingburger.  No one cares.   [See Poll pdf Here]

May 7 2022

Elon Musk Entry into Social Media Has Triggered Techtonic Plates to Start Shifting


Posted originally on the conservative tree house on May 6, 2022 | Sundance 

Ever since Elon Musk announced his intention to purchase a social media platform, take it private as a company and emerge as a new free speech communication force, things in the tech world have been all, well, a twitter (pun intended).

It’s not just the potentially game-changing social conversation shift that is driving the news; where –GASP– actual independent expression of opinion might be permitted in the digital space; there’s also a major worry amid the preexisting platform control offices of media about simultaneously arriving financial impacts.

Business Insider has reported that Facebook parent company Meta has initiated a hiring freeze through the remainder of this year.  Additionally, following the news that woke Netflix is being rejected by subscribers, suddenly payroll obligations are a concern over there.

This comes on the heels of Amazon, and the omnipresent AWS cloud services, looking a little shaky as a business model, amid reports they have “overstaffed” their operation, according to the Washington Post.  And as we would expect, the ever tech-heavy stock market is being driven into the basement by a series of tremors in the land of all thing’s Bezos.

Techtonic tremors are surfacing everywhere while people watch for the potential of an actual, dare we say, competitive eruption?   Oh my.

The rag-tag rebel alliance is reporting to be nearing completed assembly of the ultra-MAGA Truth Social platform hopefully by the end of this month with a dedicated web application allowing all devices to connect to a larger scaled version of the Trump-inspired network.  It appears Truth Social is using the combined technology partnership with Rumble cloud operations and a partnership for dedicated server banks.

Into this maelstrom of technological competition, enters the world’s most technologically cutting-edge entrepreneur, who also happens to be the world’s richest man, who also happens to be building out his own satellite internet platform called StarLink.

The scale of consequence for Elon Musk purchasing Twitter, is akin to the metaphorical John Galt purchasing the ma’ Bell telecommunications system of the 70’s.  Yup, things be a changin’…. the Eye of Sauron, aka Google, is being challenged.

Even the Fourth Branch of Government recently appears to have taken a few body blows.   The risk of corrupt and cancerous everything being connected to corrupt and cancerous everything else becomes problematic when one unstable card in the house collapses.  If the U.S. intel community lose control of the Twitter narrative engineering platform, things get sketchy for all the dependents.

Meanwhile, the serious and stable tech engineers who never got down with the wokeism, yet kept their heads low to avoid isolation and social detection, are now starting to smile as fellow Asperger’s ally Elon Musk shows them how to have fun again, again.

It doesn’t take a rocket scientist to understand the human resource flight path toward Twitter for bright engineering minds that value innovation over social isolation.  A whole lot of people are currently stuck amid a tribe of co-workers perpetually angry about something stupid.

FORTUNE – […] It’s still unclear how a Musk-run Twitter might impact the company’s ability to retain current staff and recruit new employees. The company presented the takeover as a potential threat to its staffing abilities in an SEC filing Monday. 

But at least casual interest in open positions at the company has skyrocketed since the Tesla billionaire showed serious interest in taking over the company. 

In a statement to Fortune, Zhao clarified that interest is defined by the average daily clicks on Twitter job postings on the platform, compared to the average daily job clicks in a March 2022 baseline prior to the news breaking of Musk’s plans for the company.

Though clicks do not necessarily correlate to actual job applications submitted, and likely reflect current media attention, the increase shows that people appear to be interested not just in the media story, but in work available at the company.  

“Say what you will about Elon, he does have a large fanbase of ppl excited to work for him,” Zhao tweeted. “He’s much more likely to capitalize on that attraction as CEO than owner.”

On Friday, Musk shared some of his own thoughts about hiring at Twitter, sharing Fortune’s reporting.

“If Twitter acquisition completes, company will be super focused on hardcore software engineering, design, infosec & server hardware,” he tweeted on Friday morning. (more)

Giddy up.

May 7 2022

Tucker Carlson Interviews Catherine Englebrecht About Ballot Harvesting Evidence


Posted on The conservative tree house on May 6, 2022 | Sundance 

Last night Tucker Carlson interviewed Catherine Englebrecht from True The Vote (TTV) about the data collection evidence that was used to prove ballot harvesting in the 2020 election.

It is, however, weird that Tucker Carlson would have Catherine Englebrecht talk about all of the data and video evidence, without once ever mentioning the recently released documentary “2000 Mules” that showcases the evidence.  WATCH:

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