Tag Archives: Senate Banking Committee

Sep 10 2022

McConnell Senate PAC Urging MAGA Senate Candidates to Ask Trump PAC for More Money


Posted originally on the conservative tree house on September 9, 2022 | Sundance 

The internecine angle to the intra-party political and financial conflicts come via Politico, so apply that prism accordingly. However, the overarching background of the story (as presented) does align with the internal party power conflict we all know about.

According to the outline, Mitch McConnell has withdrawn spending of the Senate PAC funds from MAGA senate candidates. McConnell is telling his senators who are more favorably aligned with President Trump, to push the Trump PAC to spend more on them if Trump wants to see them win in 2022.

President Trump has, and continues to, support all of the MAGA candidates with direct funding [See FEC Filing], campaign rallies [LINK], and major big donor fundraisers [LINK], including at least one example of excessive funds distributed [LINK].   However, whenever anything involves McConnell, particularly when it involves money, it is critical to apply a Machiavellian prism to McConnell’s DeceptiCon motives.

By now everyone should know Senator McConnell holds no fundamental interest in being in the majority.  Nothing in his power structure changes if Democrats are in the majority.  From McConnell and the club approach, the “control of the senate” argument is a fundraising gimmick.  Give the DeceptiCons control of the senate and nothing structurally changes in the policy or legislative sphere.  Reference the 2014 to 2020 GOPe control, anti-Trump resistance, budgets and support for Obamacare, as examples of the last time the GOPe had senate majorities.

Absent of any real motivation to gain a republican majority in the senate, illusions and pretenses dropped, the “battle for control of the senate” simply comes down to a strategy of what is best to support Big Corps, and downstream fundraising.  However, the fundraising angle does afford Mitch the opportunity to leverage more power and eliminate influence.

By withdrawing financial support and telling MAGA candidates to go get money from Trump, McConnell positions his power in the senate to bleed his opposition of resources, in this example, Donald Trump.

Mitch creates a club narrative that Donald Trump is not supporting the MAGA candidates who gained victories in the primary.  He also seeks to bleed Donald Trump of money so that a more ‘acceptable republican’ can challenge him financially later on.

President Trump has around $100 million in his Super PAC.  Meanwhile Ron DeSantis has around $200 million in his PAC, and the Republican party of Florida (a completely separate club entity) is doing all the campaign spending so that DeSantis keeps his coffers full for the looming 2024 presidential race.

Team DeSantis isn’t spending much on his Florida governor’s race, other than small campaign expenses, because he doesn’t need to.  All those commercials, advertising, marketing and solicitation you see are from alternative groups (like the republican party of Florida), not the DeSantis campaign itself.

With around $200 million in the bank, minimal spending rate and 60 days before the election, why would a state candidate be traveling around the country to collect donations? The simple answer is the collection is not for the current state race.  DeSantis is building a 2024 war chest.

Insert McConnell and now you can easily make the argument the corporate club ownership is attempting to bleed one candidate (Trump) in order to quietly build another acceptable replacement (DeSantis).  The internal club games on display.

(Politico) – Mitch McConnell is indirectly nudging Donald Trump to help Republicans try to flip the Senate, part of a broader GOP campaign to get the former president to open up his well-stocked coffers for the rest of the party.

[…] The effort to get Trump to unlock his PAC stash is yet another sign of his seismic effect on the Republican Party. He is sucking up a massive portion of GOP donations (including a sizable chunk of the grassroots dollars) in a midterm election year. That, in turn, has given him significant sway while out of office — even after many Senate Republicans, including McConnell, soured on Trump after the insurrection at the Capitol on Jan. 6.

Now they insert the false premise:

[…] The private push to get Trump to financially engage in a number of battleground states comes as the former president sits on roughly $99 million, stored in his PAC. That unused cash is drawing increased attention from GOP leaders as the midterms approach, with Trump’s own endorsed candidates lagging in polls and trailing their Democratic opponents in fundraising.

As previously noted, President Trump continues to support, finance, campaign and fundraise for all the MAGA candidates. However, the Decepticon strategy involves creating a fallacy to assist the agenda.

[…] One Republican senator, granted anonymity to speak candidly about the situation, doubted that Trump would loosen his purse strings even for his own candidates given the long-running tensions between him and Senate Republicans — a sentiment echoed in part by some operatives close to the former president.

“It’s not Trump’s job to elect a Senate majority,” said one Trump world adviser.

But others were more hopeful.

“In at least a couple of those races, there’s a really compelling argument for him to be involved. He’s got a huge wad of cash that could make a difference,” said Minority Whip John Thune (R-S.D.)  (read more)

The only thing more frustrating than watching republican DC politics, is watching republican DC politics unfold while the majority of voting republicans do not accept what is taking place.   Republican voters are in an abusive relationship with the Republican Club, yet so many just cannot accept it.

Once you realize the goals of the people who control the Republican Club are the exact opposite goals of the voters who continue voting to keep them in office, only then can the battered conservative dynamic be broken.   Unfortunately, that level of realization is painful because we start to realize the scale and scope of what the abuser would do in their effort to keep us under their control.

Sep 9 2022

Secretary Yellen Celebrates Treasury Policy Making “Future U.S. Economy Dependent on the Wind and the Sun”


Posted originally on the conservative tree house on September 9, 2022 | Sundance 

Every institution of the JoeBama administration is filled with climate change ideologues. Never is that more abundantly clear than a U.S. Treasury Secretary who celebrates the future of the U.S. economy becoming “dependent on the wind and the Sun“.  {Direct Rumble Link}

[Transcript] – “Our plan – powered by the Inflation Reduction Act – represents the largest investment in fighting climate change in our country’s history. It will put us well on our way toward a future where we depend on the wind, sun, and other clean sources for our energy. We will rid ourselves from our current dependence on fossil fuels.” (link)

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To understand the scale of the ideological effort, review this earlier statement in her prepared remarks, “In markets where we could not help lower prices by expanding supply, we have aimed to mitigate the pain directly, through cost relief.”  The admission here is that ideologically the Biden administration cannot expand energy supplies to lower energy prices without compromising their climate change mission.

[Full Transcript Here]

Sep 8 2022

Is the US Sacrificing Europe to Maintain Global Dominance?


Armstrong Economics Blog/War Re-Posted Sep 8, 2022 by Martin Armstrong

Vladimir Putin believes that Washington is sacrificing Europe to maintain global dominance. The United States has always been the world police, and the top country that others turn to in times of crisis. America’s post-World War II status left it as the financial capital of the world, and the dollar has remained the world’s reserve currency. Nothing has topped the dollar.

Europe attempted to create the European Union in an effort to prevent European conflicts, but it also created the euro to compete against the dollar. I explained various times how their attempts have failed. However, the euro is now beneath the dollar and on the decline. Nations maintain diplomatic relations, but only Schwab wants a one-world government as everyone is competing for global dominance.

Putin claims that the West rushed to place sanctions on Russia. There was indeed a rush to place sanctions on Russia despite Joe Biden himself coming out and admitting sanctions never work. Peace talks were never an option. Returning land or promising to curtail NATO was never an option. Sanctions and threats were immediately imposed. Why?

“The pandemic has been replaced by new challenges of a global nature, carrying a threat to the whole world, I’m talking about the sanctions rush in the West and the West’s blatantly aggressive attempts to impose their modus vivendi on other countries, to take away their sovereignty, to submit them to their will,” Putin told delegates at Russia’s Eastern Economic Forum in the port city of Vladivostok on Russia’s Pacific coast, as reported by CNBC.

It is true that Europe is facing the brunt of these sanctions as they sacrificed their main supplier of energy to save a nation with a GDP of roughly only $200 billion. Europe did not want to allow Ukraine to join the euro, and they had no interest in the country prior to this conflict. The hatred for Russia runs deep in Europe, especially in Germany after Russia took hold of the east after the last World War. The politicians are certainly old enough to remember when Germany was split in two until 1989. There is a reason Russia’s integral support for the axis powers during World War II is diminished in Western history books.

Putin went on to say that the standard of living in Europe and overall social and economic stability was “being thrown onto the fire of sanctions.” The United States has been eager to sanction Russia since the war in Syria began. Obama tried but failed to kick Russia out of the SWIFT system in 2014, with Christine Lagarde offering her support. Zelensky, who rand the NYSE bell this week remotely, admitted that he needed America to place harsh sanctions on Russia to accelerate the war.

“So far, I think that the United States of America is the accelerator of the sanction policies and I think they do more than any other country. And this is the way it should be because they are the most powerful country right now. I see the same support with respect to sanctions from the United Kingdom,” Zelensky told reporters at Fox in May.

The dollar remains strong and is the last safe haven. The war in Ukraine has only promoted capital to rush into the dollar. So is Europe “being sacrificed in the name of preserving the US dictatorship in global affairs,” as Putin claims? Europe will suffer more than the United States due to these sanctions. In fact, had Biden not eliminated domestic oil production, the US would not be facing an energy crisis at all. One thing is clear – the support to Ukraine is not an act of kindness. The invisible hand is at play.

Sep 8 2022

Marco Rubio Opines on Mar-a-Lago Raid Through Election Year Prism


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

Good grief, the sanctimonious puss spewing by the DC media chattering class exhibiting their alignment with big government is insufferable. The inability of any media outlet to present the reality of the DC interests with levelheaded discussion is frustrating.

The issue of compartmented (siloed) information, specifically as a tool and technique of the aloof DC system to retain control and influence, is a matter we have discussed on these pages for several years. Quite literally anything can be classified as a ‘national security interest’ in the deep state effort to retain the illusion of power over the proles, ie us. It is the exact reason why congress exempts themselves from laws and regulations written for everyone else.

That said, in this interview from this morning, Senator Marco Rubio does a good job framing the context of the recent Administrative State leaks to media (DOJ-NSD, FBI) to advance a particular narrative. Yes, it’s an election year, and Rubio returns to his roots pushing back against some of the nonsense. As noted by the Vice-Chair of the Senate Select Committee on Intelligence (SSCI), if the Mar-a-Lago document issues were so vital why was the Gang of Eight never briefed? WATCH:

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Sep 7 2022

JACKSON HINKLE JOINS TUCKER CARLSON ON FOX NEWS


The Dive With Jackson Hinkle Published originally on Rumple on September 6, 2022 

The Deep State now controls Congress, the White House and who every controls Brandon.

Sep 7 2022

Washington Post Jumps Back onto the Foreign Nation Nuclear Secrets Angle to Mar-a-Lago Documents


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

The Washington Post goes back to the prior narrative surrounding the Mar-a-Lago documents saying, “a document describing a foreign government’s military defenses, including its nuclear capabilities was found by FBI agents who searched former president Donald Trump’s Mar-a-Lago residence and private club last month.”…. with Devlin Barrett adding the usual, “according to people familiar with the matter” sourcing.

Keeping in mind the traditional relationship that exists between specific media outlets and their deep state sources, the most obvious source for Devlin Barrett is the DOJ National Security Division (DOJ-NSD), FBI Counterintelligence division, or larger intelligence community (IC).  However, what is also obvious from the way the documents are described is a narrative framework to make the innocuous seem looming.

PICTURED: Chairman Kim Jong-Un reads a letter from President Donald J Trump

I would be willing to bet the “document” in question is a letter from North Korean Chairman Kim Jong-Un to President Trump about the status of the DPRK military intent and weapons.  You might remember Chairman Kim and President Trump developed a good relationship and exchanged letters related to matters of national security between North Korea and the United States.

The Intelligence Community in combination with the U.S. military industrial complex and Senate Foreign Relations Committee, did not like that level of direct diplomatic contact and discussion between President Trump and Chairman Kim.  Direct communication between the two leaders subverted the IC’s ability to shape the DPRK messaging to support an interventionist and hostile U.S. geopolitical outlook.

The professional bureaucrats in charge of guiding and shaping all United States foreign engagements do not like being cut out of the geopolitical equations.  As the former head of the Senate Foreign Relations Committee Chuck Schumer famously said, “the intelligence community has six ways to Sunday to get back at you” if the President does not adhere and acquiesce to their power and authorities.

(more…)

Sep 7 2022

Nancy Pelosi: Inside Trader of the Year


Armstrong Economics Blog/Corruption Re-Posted Sep 7, 2022 by Martin Armstrong

Pelosi knew when to sell! Paul Pelosi, Speaker Nancy Pelosi’s husband, sold off 25,000 shares of Nvidia. A month later, the US government banned Nvidia from selling chips to Russia and China to “address the risk that the covered products may be used in, or diverted to, a ‘military end use’ or ‘military end user.’” Nvidia also happens to produce the A100 GPU in Taiwan, where Nancy’s attention has been suddenly diverted.

The microchip ban for Russia and China could cost Nvidia $400,000,000. Yet, Paul Pelosi managed to save $600,000 by selling his stock off a month before the news broke. Paul claims he does not consult his wife about trades, but what married couple would not discuss millions being moved? This is no coincidence. Paul even knew when to buy as he purchased the stock back in June when his wife was pushing for a multi-billion dollar government grant for the domestic production of semiconductor chips.

The Pelosi family has earned millions through insider trading. In July, Paul earned $5,300,000 after exercising a call option to buy 4,000 Alphabet shares. Not so coincidentally, this occurred when the House Judiciary Committee cracked down on antitrust practices. There have been numerous instances of the Pelosi family earning money through trades that could have been exercised due to Nancy Pelosi’s political insights. This is insider trading, and it is illegal.

Insider trading is so blatant that even the Democrats want to end the practice. Alexandria Ocasio-Cortez tweeted in December 2021: “There is no reason members of Congress should hold and trade individual stock when we write major policy and have access to sensitive information.” Even a broken clock is right twice a day. “It incentivizes this bad behavior,” she added in a separate tweet. So yes, US lawmakers are pushing legislation forward that directly benefits them. This is completely unethical and a threat to overall democracy.

Sep 7 2022

Tucker Carlson Outlines the Totalitarian Outlook of Joe Biden


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

During the second segment of his opening monologue tonight Tucker Carlson accurately outlined the connective tissue behind the Democrat/Biden authoritarian agenda.  Carlson omitted the ideological connections to the totalitarian covid-19 mandates, which present excellent examples of the outlook; nonetheless, Carlson accurately outlined the continuum that Biden and his handlers are traveling.

According to the fiats of the power-centric focus, all opposition to the Biden agenda is bigoted racism and domestic extremism.  Not accidentally, the White House deployment of targeting orders toward their social media allies, mirrors the actions by Ukraine President Volodymyr Zelenskyy in silencing his political opposition, barring media from criticizing him and making political opposition illegal.  Both Biden and Zelenskyy are totalitarian figures hiding behind the false ruse of democracy.  WATCH:

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Sep 6 2022

94% of Baby Food Contains Toxic Metals


Armstrong Economics Blog/Corruption Re-Posted Sep 6, 2022 by Martin Armstrong

The Food and Drug Administration does nothing to protect the American public. We have yet another revelation of products intended for infants containing toxic substances. Healthy Babies Bright Futures’ (HBBF) conducted a study of 288 products, including over 7,000 from other previously published studies. “We found no evidence to suggest that homemade purees and family brands are generally safer, with lower metal levels, than store-bought baby food,” HBBF warned.

Even WebMD is reporting on this crime. Around 94% of store and homemade baby foods contained at least one toxic heavy metal. The organization warns against consuming puffs, rice cakes, crisped rice cereal, and brown rice when cooked without additional water. These items have actual arsenic within them, and both children and adults are at risk. Yes, the FDA approved these items. In fact, arsenic was found in 68% of store-bought food and 72% of family homemade food. Lead was detected in 90% of store-bought food and 80% of family homemade purees.

This means that almost ALL available “food” for babies contains toxins.

The  American Academy of Pediatrics warned, “Toxic metal exposure can be harmful to the developing brain. It’s been linked with problems with learning, cognition, and behavior.” Perhaps this is a variable for why autism and other problems have spiked within the US.

The proposed solution:

"The FDA should establish and enforce protective limits for heavy metals in all foods consumed by babies and young children. Heavy metal contamination spans all the food aisles of the grocery store; FDA’s safety standards must as well. Standards extending beyond the baby food aisle would also encompass foods eaten during pregnancy , a crucial time for lowering toxic metal exposures."

I am sure many thought that the FDA was already protecting the American public against ingesting contaminated products. Everyone was so eager for the FDA to approve the COVID vaccines when, in reality, the organization is bought and paid for by lobbyists.

Sep 6 2022

My Son Hunter – Movie Trailer


Armstrong Economics Blog/Corruption Re-Posted Sep 6, 2022 by Martin Armstrong

The left is seething at the upcoming release of “My Son Hunter,” detailing the corruption of Hunter Biden and his father, “the big guy.”

Director Robert Davi admitted that Hunter’s lawyers appeared on set in Serbia in an attempt to intimidate the film crew. Producing this film was a risky ordeal, as the producer noted that the Biden crime family went as far as sending spies to oversee production. As I know from filming “The Forecaster,” claims made in films must be verified and triple-checked to avoid legal implications. This movie will bring to light the extent to which Joe Biden has gone to corroborate with his son to line his pockets. Perhaps they will ban this movie in America as they did to mine.

The movie, set to premiere on September 7, will be a major punch for the Democrats before the mid-term elections. There are already reports of Russian media using this film to paint the first family in a bad light in an attempt to discredit the documentary. Yet, all of the claims are true. This is the factual information that they willingly hid from the public before the 2020 US Presidential Election.