Debunking All Of Biden’s BOLD FACE LIES


By Savanah Hernandez  originally on Published on June 7, 2022 

The one thing the Biden administration does best is lie to our faces on a daily basis. From blaming Russia for our food shortages and gas prices to saying that “America is in a stronger economic position” than ever before, this administration can pretend America is doing fine, but we can all see the reality with our own two eyes.

Extending the Political Surveillance Discussion with New Revelations the FBI Had a Workspace Inside Perkins Coie DC Law Offices


Posted originally on the conservative tree house on June 1, 2022 | Sundance

Last night Representative Matt Gaetz (R-FL) made an explosive announcement as an outcome of a whistleblower providing information to him and Jim Jordan about the FBI having a collaborative relationship with the Clinton/DNC law firm Perkins Coie.  {Go Deep} Specifically, the explosive element surrounds the FBI having a workspace within the DNC law firm that would have given Democrats an open portal into FBI databases for use in opposition research.

Secondarily, Clinton campaign lawyer Michael Sussmann being in charge of this working arrangement within Perkins Coie for the past year, since the departure of Marc Elias, becomes a far greater issue. The potential ramifications of this joint collaborative activity are vast.

The FBI can exploit the NSA database to conduct searches of all cell phone, computer, email, text message, social media, electronic communication and all private data/communication belonging to Americans; this would include geolocation.  If the FBI was operating within Perkins Coie since 2012, then the democrats have held access to fully intrusive electronic surveillance of their political opposition, or anyone else – anywhere, for a decade.

Mainstream conservative defenders of the DOJ and FBI institutions, as a result of their prior tenure inside those same agencies, have long denied the Dept of Justice and FBI are corrupt political entities.  The revelation of the FBI and Perkins Coie working collaboratively to exploit this data portal is something that people like Margot Cleveland, Andrew McCarthy, Johnathan Turley and many others need to deny in order to retain the premise of institutional credibility.

However, the FBI and DNC law firm working collaboratively on issues of joint importance goes far beyond the ‘image of impropriety or conflicted interest‘ and extends to the actual corruption within the foundational institutions of government.  Transparently, if these reports are accurate all of the inexplicable dynamics within the “two tiers of justice” suddenly reconcile.  The FBI and Perkins Coie having the ability to conduct electronic surveillance of any target is a thermonuclear level of sunlight, that reconciles years of visible issues.

There is a common misconception about why the FBI and intelligence apparatus began investigating the political campaign of Donald Trump.

In this refresher outline I hope to provide some deep source material that will provide context to the revelation of the FBI-Perkins Coie relationship against numerous historic reference points that reconcile with the new revelation.

During the timeframe of December 2015 through April 2016 the NSA database was being exploited by contractors within the intelligence community, specifically within the FBI, doing unauthorized searches.

On March 9, 2016, oversight personnel doing a review of FBI system access were alerted to thousands of unauthorized FBI search queries of specific U.S. persons within the NSA database.

NSA Director Mike Rogers was made aware.

Subsequently NSA Director Rogers initiated a full compliance review of the system to identify who was doing the searches; & what searches were being conducted.

On April 18, 2016, following the preliminary audit results, Director Rogers shut down all FBI contractor access to the database after he learned FISA-702 “about”(17) and “to/from”(16) search queries were being done without authorization.

Thus begins the first discovery of a much bigger background story.

When you compile the timeline with the people involved; and the specific wording of the resulting review, which was then delivered to the FISA court; and overlay the activity that was taking place in the 2016 political primary; what we discover is a process where the metadata collected by the NSA was being searched for political opposition research and surveillance.

Tens-of-thousands of unauthorized and unlawful searches were identified by the FISA court as likely extending much further than the compliance review period: “while the government reports it is unable to provide a reliable estimate of the non compliant queries since 2012, there is no apparent reason to believe the November 2015 [to] April 2016 period coincided with an unusually high error rate”.

In short, during the Obama administration access to the NSA database was continually used to conduct surveillance.  This is the critical point that leads to understanding the origin of “Spygate”, as it unfolded in the Spring and Summer of 2016.

It was the discovery of the database exploitation and the removal of access as a surveillance tool that seemed to create the initial problem for the FBI political unit in Washington, DC.  Here’s how we can tell.

In December 2015 there were 17 GOP candidates, all needing opposition research.

However, when Donald Trump won New Hampshire, Nevada and South Carolina the field was significantly whittled. Trump, Cruz, Rubio, Kasich and Carson remained.

On Super Tuesday, March 2, 2016, Donald Trump won seven states (VT, AR, VA, GA, AL, TN, MA) it was then clear that Trump was the GOP frontrunner with momentum to become the presumptive nominee.

On March 5th, 2016, DonaldTrump won Kentucky and Louisiana; and on March 8th Trump won Michigan, Mississippi and Hawaii.

The next day, March 9, 2016, is when NSA security alerts warned internal oversight personnel that something sketchy was going on.  This timing is not coincidental.

As FISA Judge Rosemary Collyer later wrote in her report, “many of these non-compliant queries involved the use of the same identifiers over different date ranges.”  Put another way: attributes belonging to a specific individual(s) were being targeted and queried, unlawfully.  Given what was later discovered, it seems obvious the primary search targets, over multiple date ranges, were political candidates, specifically Donald Trump.

There were tens-of-thousands of unauthorized search queries; and as Judge Collyer stated in her report, there is no reason to believe the 85% non compliant rate was any different from the abuse of the NSA database going back to 2012, the same year the FBI collocated a workspace within Perkins Coie.

As you will see below the NSA database was how political surveillance was being conducted during Obama’s second term in office.  However, when the system was flagged, and when NSA Director Mike Rogers shut down “FBI contractor” access to the system, the system users needed to develop another way to get access.

Mike Rogers shuts down access on April 18, 2016.  On April 19, 2016, Fusion-GPS founder Glenn Simpson’s wife, Mary Jacoby visits the White House.  Immediately thereafter, the DNC and Clinton campaign contract Fusion GPS… who then hire Christopher Steele.

Knowing it was federal “contractors”, outside government with FBI access to the system doing the unauthorized searches, the question becomes: who were the contractors?

The possibilities are quite vast. Essentially anyone the FBI or intelligence apparatus was using could have participated.  Crowdstrike was a known FBI contractor; they were also contracted by the DNC.  Shawn Henry was the former head of the FBI office in DC and later become part of Crowdstrike’s leadership team, a rather dubious contractor for the government and a politically connected data security and forensic company.

FBI Director James Comey’s special friend Daniel Richman was an unpaid FBI “special employee” with security access to the database.  Nellie Ohr began working for Fusion-GPS on the Trump project in November 2015 and she was a previous open-source CIA contractor; and now that we know the FBI and Perkins Coie were in a collaborative relationship, we can also presume they were FBI contractors with similar clearances and access.

Remember the Sharyl Attkisson computer intrusions?  It’s all part of this same network; Attkisson even names Shawn Henry as a defendant in her ongoing lawsuit.

All of the aforementioned names, and so many more, held a political agenda in 2016.

It seems likely if the NSA flags were never triggered then the contracted FBI system users would have continued exploiting the NSA database for political opposition research; which would then be funneled to the Clinton team.  However, once the unauthorized flags were triggered, the system users (including those inside the FBI and sister agency the CIA) would need to find another back-door to continue… Again, the timing becomes transparent.

Immediately after NSA flags were raised March 9, 2016, the same FBI and CIA intelligence agencies began using confidential human sources (CHS’s) to run into the Trump campaign.  By activating intelligence assets like Joseph Mifsud and Stefan Halper the IC (CIA, FBI) and system users had now created an authorized way to continue the same political surveillance operations.

When Donald Trump hired Paul Manafort on March 28, 2016, it was a perfect scenario for those doing the surveillance.   Manafort was a known entity to the FBI and was previously under investigation.  Paul Manafort’s entry into the Trump orbit was perfect for Glenn Simpson to sell his prior research on Manafort as a Trump-Russia collusion script two weeks later.

The shift from “unauthorized exploitation of the NSA database” to legally authorized exploitation of the NSA database was now in place. This was how they continued the political surveillance. This is the confluence of events that originated “spygate”, or what officially blossomed into the FBI investigation known as “Crossfire Hurricane” on July 31.

If the NSA flags were never raised; and if Director Rogers had never initiated the compliance audit; and if the FBI political contractors were never blocked from access to the database; they would never have needed to create a legal back-door, a justification to retain the surveillance.  The political operatives/contractors would have just continued the targeted metadata exploitation.

Once they created the FBI surveillance door, Fusion-GPS was then needed to get the FBI known commodity of Chris Steele activated as a pipeline. Into that pipeline all system users pushed opposition research.  However, one mistake from the database extraction, likely during an “about” query, shows up as a New Yorker named Michael Cohen in Prague.

That misinterpreted data from a FISA-702 “about query” is then piped to Steele and turns up inside the dossier; it was the wrong Michael Cohen. It wasn’t Trump’s lawyer, it was an art dealer from New York City with the same name; the same “identifier”.

A DEEP DIVE – How Did It Work?

Start by reviewing the established record from the 99-page FISC opinion rendered by Presiding Judge Rosemary Collyer on April 26, 2017. Review the details within the FISC opinion.

I would strongly urge everyone to read the FISC report (full pdf below) because Judge Collyer outlines how the DOJ, which includes the FBI, had an “institutional lack of candor” in responses to the FISA court. In essence, the Obama administration was continually lying to the FISA court about their activity, and the rate of fourth amendment violations for illegal searches and seizures of U.S. persons’ private information for multiple years.

Unfortunately, due to intelligence terminology Judge Collyer’s brief and ruling is not an easy read for anyone unfamiliar with the FISA processes. That complexity also helps the media avoid discussing it; and as a result most Americans have no idea the scale and scope of the Obama-era surveillance issues. So we’ll try to break down the language.

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For the sake of brevity and common understanding CTH will highlight the most pertinent segments showing just how systemic and troublesome the unlawful electronic surveillance was.

Early in 2016 NSA Director Admiral Mike Rogers was alerted of a significant uptick in FISA-702(17) “About” queries using the FBI/NSA database that holds all metadata records on every form of electronic communication.

The NSA compliance officer alerted Admiral Mike Rogers who then initiated a full compliance audit on/around March 9th, 2016, for the period of November 1st, 2015, through May 1st, 2016.

While the audit was ongoing, due to the severity of the results that were identified, Admiral Mike Rogers stopped anyone from using the 702(17) “about query” option, and went to the extraordinary step of blocking all FBI contractor access to the database on April 18, 2016 (keep these dates in mind).

Here are some significant segments:

The key takeaway from these first paragraphs is how the search query results were exported from the NSA database to users who were not authorized to see the material. The FBI contractors were conducting searches and then removing, or ‘exporting’, the results. Later on, the FBI said all of the exported material was deleted.

Searching the highly classified NSA database is essentially a function of filling out search boxes to identify the user-initiated search parameter and get a return on the search result.

♦ FISA-702(16) is a search of the system returning a U.S. person (“702”); and the “16” is a check box to initiate a search based on “To and From“. Example, if you put in a date and a phone number and check “option 16” as the search parameter the user will get the returns on everything “To and From” that identified phone number for the specific date. Calls, texts, contacts etc. Including results for the inbound and outbound contacts.

♦ FISA-702(17) is a search of the system returning a U.S. person (702); and the “17” is a check box to initiate a search based on everything “About” the search qualifier. Example, if you put a date and a phone number and check “option 17” as the search parameter the user will get the returns of everything about that phone. Calls, texts, contacts, geolocation (or gps results), account information, user, service provider etc. As a result, 702(17) can actually be used to locate where the phone (and user) was located on a specific date or sequentially over a specific period of time which is simply a matter of changing the date parameters.

And that’s just from a phone number.

Search an ip address “about” and read all data into that server; put in an email address and gain everything about that account. Or use the electronic address of a GPS enabled vehicle (about) and you can withdraw more electronic data and monitor in real time. Search a credit card number and get everything about the account including what was purchased, where, when, etc. Search a bank account number, get everything about transactions and electronic records etc. Just about anything and everything can be electronically searched; everything has an electronic ‘identifier’.

The search parameter is only limited by the originating field filled out. Names, places, numbers, addresses, etc. By using the “About” parameter there may be thousands or millions of returns. Imagine if you put “@realdonaldtrump” into the search parameter? You could extract all following accounts who interacted on Twitter, or Facebook etc. The search result is only limited by the operators’ imagination and the scale of the electronic connectivity.

As you can see below, on March 9th, 2016, internal auditors noted the FBI was sharing “raw FISA information, including but not limited to Section 702-acquired information”.   Who were they sharing it with?  Perkins Coie?

In plain English the raw search returns were being shared with unknown entities without any attempt to “minimize” or redact the results. The person(s) attached to the search results were named and obvious. There was no effort to hide their identity or protect their 4th amendment rights of privacy; and database access was from the FBI network:

But what’s the scale here? This is where the story really lies.

Read this next excerpt carefully.

The operators were searching “U.S Persons”. The review of November 1, 2015, to May 1, 2016, showed “eighty-five percent of those queries” were unlawful or “non compliant”.

85% !! “representing [redacted number]”.

We can tell from the space of the redaction the number of searches were between 10,000 and 99,999 [six digits]. If we take the middle number of 50,000 – a non compliant rate of 85 percent means 42,500 unlawful searches out of 50,000.

The [six digit] amount (more than 10,000, less than 99,999), and 85% error rate, was captured in a six month period, November 2015 to April 2016.  The timeframe of highest interest in the republican presidential primary.

Also notice this very important quote: “many of these non-compliant queries involved the use of the same identifiers over different date ranges.” This tells us the system users were searching the same phone number, email address, electronic identifier, repeatedly over different dates.  Put another way, specific person(s) were being tracked/monitored.

Additionally, notice the last quote: “while the government reports it is unable to provide a reliable estimate of” these non lawful searches “since 2012, there is no apparent reason to believe the November 2015 [to] April 2016 coincided with an unusually high error rate”.

That means the 85% unlawful FISA-702(16)(17) database abuse has likely been happening since 2012.

2012 is an important date in this database abuse because a network of specific interests is assembled that also shows up in 2016/2017:

  • Who was 2012 FBI Director? Robert Mueller, who was selected by the FBI group to become special prosecutor in 2017.
  • Who was Mueller’ chief-of-staff? Aaron Zebley, who became one of the lead lawyers on the Mueller special counsel.
  • Who was 2012 CIA Director? John Brennan (remember the ouster of Gen Petraeus)
  • Who was ODNI? James Clapper.
  • Remember, the NSA is inside the Pentagon (Defense Dept) command structure. Who was Defense Secretary? Ash Carter

Who wanted NSA Director Mike Rogers fired in 2016? Brennan, Clapper and Carter.

And finally, who wrote and signed-off-on the January 2017 Intelligence Community Assessment and then lied about the use of the Steele Dossier? The same John Brennan, and James Clapper along with James Comey.

Tens of thousands of searches over four years (since 2012), and 85% of them are illegal. The results were extracted for?…. (I believe this is all political opposition use; and I’ll explain why momentarily.)

OK, that’s the stunning scale; but who was involved?

Private contractors with access to “raw FISA information that went well beyond what was necessary to respond to FBI’s requests“.

So, someone using the justification of FBI “requests”, was exploiting their access to the FBI portal; and they were searching for material “well beyond” the justification of “FBI requests” the used.  Doesn’t this exactly sound like someone in Perkins Coie using their FBI portal access?

And as noted, the contractor access was finally halted on April 18th, 2016.

[Coincidentally (or likely not), the wife of Fusion-GPS founder Glenn Simpson, Mary Jacoby, goes to the White House the very next day on April 19th, 2016.]

None of this is conspiracy theory.

All of this is laid out inside this 99-page opinion from FISC Presiding Judge Rosemary Collyer who also noted that none of this FISA abuse was accidental in a footnote on page 87: “deliberate decisionmaking“:

This specific footnote, if declassified, could be a key. Note the phrase: “([redacted] access to FBI systems was the subject of an interagency memorandum of understanding entered into [redacted])”, this sentence has the potential to expose an internal decision; withheld from congress and the FISA court by the Obama administration; that outlines a process for access and distribution of surveillance data.

Note: “no notice of this practice was given to the FISC until 2016“, that is important.

Summary: The FISA court identified and quantified tens-of-thousands of search queries of the NSA/FBI database using the FISA-702(16)(17) system. The database was repeatedly used by persons with FBI contractor access who unlawfully searched and extracted the raw results without redacting the information and shared it with an unknown number of entities.

The outlined process certainly points toward a political spying and surveillance operation; and we are not the only one to think that’s what this system is being used for.

Back in 2017 when House Intelligence Committee Chairman Devin Nunes was working to reauthorize the FISA legislation, Nunes wrote a letter to ODNI Dan Coats about this specific issue:

SIDEBAR: To solve the issue, well, actually attempt to ensure it never happened again, NSA Director Admiral Mike Rogers eventually took away the “About” query option permanently in 2017. NSA Director Rogers said the abuse was so inherent there was no way to stop it except to remove the process completely. [SEE HERE] Additionally, the NSA database operates as a function of the Pentagon, so the Trump administration went one step further. On his last day as NSA Director Admiral Mike Rogers -together with ODNI Dan Coats- put U.S. cyber-command, the database steward, fully into the U.S. military as a full combatant command. [SEE HERE] Unfortunately it didn’t work as shown by the 2018 FISC opinion rendered by FISC Judge James Boasberg [SEE HERE]

There is little doubt the NSA database system was used by Obama-era FBI officials and political allies, from 2012 through April 2016, as a way to spy on their political opposition.

Quite simply, there is no other intellectually honest explanation for the scale and volume of database abuse that was taking place; and keep in mind these searches were all ruled to be unlawful. Searches for repeated persons over a period time that were not authorized.

When we reconcile what was taking place and who was involved, then the actions of the exact same principle participants take on a jaw-dropping amount of clarity.

All of the action taken by CIA Director Brennan, FBI Director Comey, ODNI Clapper and Defense Secretary Ashton Carter make sense. Including their effort to get NSA Director Mike Rogers fired.

Everything that comes after March 9, 2016, had a dual purpose: (1) done to cover up the weaponization of the FISA database. [Explained Here] Spygate, Russia-Gate, the Steele Dossier, and even the 2017 Intelligence Community Assessment (drawn from the dossier and signed by the above) were needed to create a cover-story and protect themselves from discovery of this four year weaponization, political surveillance and unlawful spying. Even the appointment of Robert Mueller as special counsel makes sense; he was FBI Director when this began. And (2) they needed to keep the surveillance going.

The beginning decision to use FISA(702) as a domestic surveillance and political spy mechanism appears to have started in/around 2012. Perhaps sometime shortly before the 2012 presidential election and before John Brennan left the White House and moved to CIA. However, there was an earlier version of data assembly that preceded this effort.

Political spying 1.0 was actually the weaponization of the IRS. This is where the term “Secret Research Project” originated as a description from the Obama team. It involved the U.S. Department of Justice under Eric Holder and the FBI under Robert Mueller. It never made sense why Eric Holder requested over 1 million tax records via CD ROM, until overlaying the timeline of the FISA abuse:

The IRS sent the FBI “21 disks constituting a 1.1 million page database of information from 501(c)(4) tax exempt organizations, to the Federal Bureau of Investigation.” The transaction occurred in October 2010 (link)

Why disks? Why send a stack of DISKS to the DOJ and FBI when there’s a pre-existing financial crimes unit within the IRS. All of the evidence within this sketchy operation came directly to the surface in early spring 2012.

The IRS scandal was never really about the IRS, it was always about the DOJ asking the IRS for the database of information. That is why it was transparently a conflict when the same DOJ was tasked with investigating the DOJ/IRS scandal. Additionally, Obama sent his chief-of-staff Jack Lew to become Treasury Secretary; effectively placing an ally to oversee/cover-up any issues. As Treasury Secretary Lew did just that.

Lesson Learned – It would appear the Obama administration learned a lesson from attempting to gather a large opposition research database operation inside a functioning organization large enough to have some good people that might blow the whistle.

The timeline reflects a few months after realizing the “Secret Research Project” was now worthless (June 2012), they focused more deliberately on a smaller network within the intelligence apparatus and began weaponizing the FBI/NSA database. If our hunch is correct, that is what will be visible in footnote #69:

How this all comes together. 

Fusion GPS was not hired in April 2016 to research Donald Trump. As shown in the evidence provided by the FISC, the FBI contractors were already doing surveillance and spy operations. The Clinton campaign already knew everything about the Trump campaign, as they were monitoring everything by exploiting their FBI relationship and the Perkins Coie location for portal access to the database.

However, after the NSA alerts in/around March 9th, 2016, and particularly after the April 18th shutdown of contractor access, the Clinton Team and FBI needed Fusion GPS to create a legal albeit ex post facto justification for the pre-existing surveillance and spy operations. Fusion GPS gave them that justification in the Steele Dossier.

That’s why the FBI small group, which later transitioned into the Mueller team, were so strongly committed to and defending the formation of the Steele Dossier and its dubious content.  The Steele Dossier was used in lieu of the ‘Woods File’, underpinning the justification for the Carter Page Title-1 surveillance warrant.

The Steele Dossier, an outcome of the Fusion contract, contains two purposes: (1) the cover-story and justification for the pre-existing FBI surveillance operation (protect Obama and Clinton); and (2) facilitate the FBI counterintelligence operation against the Trump campaign (assist Clinton and Perkins Coie).

An insurance policy would be needed.

The Steele Dossier becomes the investigative virus the FBI wanted inside the system. To get the virus into official status, they used the FISA application as the delivery method and injected it into a Title-1 search warrant against Carter Page. The FBI already knew Carter Page (he worked for the CIA); essentially Carter Page was irrelevant, what they needed was the FISA warrant and the Dossier in the system {Go Deep}.

The Obama FBI needed Fusion GPS to give them a plausible justification for already existing political surveillance and spy operations. Fusion-GPS gave them that justification and evidence for a FISA warrant with the Steele Dossier.

Ultimately that’s why the Steele Dossier was so important; without it, the FBI would not have the tool that Mueller needed to continue the investigation of President Trump.  In essence by renewing the FISA application in 2017, despite them knowing the underlying dossier was junk, the FBI was keeping the surveillance gateway open for Team Mueller to exploit later on.

Additionally, without the Steele Dossier the DOJ and FBI are naked with their surveillance (FISA-702) abuse as outlined by John Ratcliffe.

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In this video NSA Director Mike Rogers explains how he was notified of what was happening and what he did after the notification. WATCH:

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Knowing there is a very strong probability Perkins Coie and the FBI were working together on this, makes everything else make sense.

Support CTH HERE

An Unprovoked Biden Threatens War with China


Armstrong Economics Blog/War Re-Posted May 25, 2022 by Martin Armstrong

For the third time, President Joe Biden has attempted to drag the United States into a war. Biden first made remarks about the Middle East and then claimed Putin needed to be removed from power. The White House brushed off those remarks, but this time he has angered America’s top trading partner. Biden, speaking for the entirety of the US, said that WE would defend Taiwan against military invasion.

A reporter asked, “You didn’t want to get involved in the Ukraine conflict militarily for obvious reasons. Are you willing to get involved militarily to defend Taiwan if it comes to that?” Since there was no teleprompter script for him to read, Biden simply replied, “Yes!”

“We agree with the One China policy. We signed on to it, and all the attendant agreements made from there, but the idea that it can be taken by force, just taken by force, is (just not) appropriate,” the president said. Basically, this statement is contradictory since Biden admittedly agreed to the One China policy. A White House officially quickly corrected his statement, “As the President said, our policy has not changed. He reiterated our One China policy and our commitment to peace and stability across the Taiwan Strait. He also reiterated our commitment under the Taiwan Relations Act to provide Taiwan with the military means to defend itself,” the official said.

China expressed extreme anger at the president’s statements. Similar to the situation in Ukraine, China is worried that Biden’s obvious support will encourage separatist forces to move toward independence. “On issues concerning China’s sovereignty and territorial integrity and other core interests, there is no room for compromise,” said Wang Wenbin, a spokesman for the Chinese Foreign Ministry. “We urged the US side to earnestly follow the One China principle … be cautious in words and deeds on the Taiwan issue, and not send any wrong signal to pro-Taiwan independence and separatist forces — so it won’t cause serious damage to the situation across the Taiwan Strait and China-US relations.”

Before the White House corrected Joe, he doubled down on his statements and said China should look to Russian sanctions as a warning not to attack. “[W]hat signal does that send to China about the cost of attempting, attempting to take Taiwan by force?” the confused president said before claiming China was “flirting with danger.” These careless remarks threaten national security and have seriously harmed diplomatic relations. Biden is willing to show all his cards, even when he does not understand the game he is playing.

Lying Biden


Armstrong Economics Blog/Politics Re-Posted May 8, 2022 by Martin Armstrong

Biden has been lying to the public since he entered his political career decades ago. Yet, he allegedly received more votes than any US president in history. Trust no one.

The Fed & The Collapse of Socialism


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

QUESTION: Been following Martin since 2008 (Gold ride) – he is the only one who has been right AU and AG top 2011.
****Important question for Martin, please
How can the fed raise rates with governments owing so much debt please ???? what are the consequences of debt restructured? 100 year treasury real estate
Thanks you so much for sharing all your insights

JT

ANSWER: The Federal Reserve is independent. Despite all the nonsense that these pretend analysts attribute everything to the actions of the Fed, if they really knew their history, they would realize that the Fed has often been at war with the White House. You cannot be an objective analyst when you predetermine a conclusion based upon a theory you choose to believe. This is the sad state of analysis these days. People start with the conclusion and then cherry-pick the facts to support what they think should be the outcome. This is what has plagued gold analysis, but the very same process has doomed climate change analysis and the destruction of the world economy.

Unfortunately, when it comes to the Quantity Theory of Money, these analysts take the position of politicians and exonerate themselves of all responsibility for their reckless fiscal spending. They endlessly try to bribe the people to vote for them. I have stated many times, pre-1971, when it was illegal to borrow against an E-Bond, for example, the theory was printing money increased the supply and was inflationary. Thus, borrowing did not increase the money supply and was not inflationary. But when you can post T-Bills as collateral and trade the markets, that theory is no longer valid, so debt is now simply money that pays interest the way it began in 1861. We seem to always return to the starting place, like the game of Monopoly where you must pass Go every trip around the board.

Socialism is the worst form of government; just look at the Democrats. They do not know how to run for office without promising free something or other. It is never about the fate of the world, the nation, or our families. They are promoting war because they assume that the people will not change the government in the middle of a war. They have no problem watching our people die.

The Fed has ZERO control over fiscal spending. Nevertheless, the Fed has been itself brainwashed, and because everyone blames them for inflation, they will be compelled to raise rates or suffer the calls for their overthrow. The increased cost in the deficit will never be blamed on them — only the inflation rate. This is why the central banks have ZERO control over the economy anymore. Soon, people will wake up and realize that this statement is true. When they do, we will get a 1987-style panic.

Here is a chart of the dollar index. The dollar had already begun its decline when they stood up at the Plaza Accord, announcing they wanted the dollar down by 40%. As the dollar began to fall rapidly, other member nations complained. In February 1987, they gathered together to announce that the dollar had fallen too far and enough was enough. When the dollar continued lower, the then G7 lost all credibility, and the markets suddenly realized they were not in control.

This is what we will see once again. This type of inflation was caused by the COVID lockdowns. China may really have shut down Shanghai to push inflation even higher in the West, seeking regime change in Washington, hoping the inflation will lead to a political blood-bath for the Democrats to get the world back to some normalcy. When inflation is set in motion because of a shortage, like crop failures, raising interest rates will not suddenly make it rain.

The Fed will act out its role because it has no other choice. Its rate hike this week is only playing catch-up with the market. Rates are rising because they are supposed to reflect the inflation rates plus a profit. That’s without the Fed trying to manage the economy. Just look at the rates and ignore the pundits. You will see that the Fed is chasing the market, it is not driving the market. Hence, the Fed is being compelled to raise rates not by its own desire to prevent inflation, but to keep pace with the markets themselves.

The idiots will blame the Fed as inflation rises and blame them for not acting. There is no saving grace for the Fed. The system is collapsing and this is in fact what gives Klaus Schwab power, for they know in Europe that they can no longer borrow money to fund socialism. The answer is to default on all debt and to hide that, they need to make it sound like they are doing this for you — who they care so much about.

Hence, this default will be disguised as relieving you of all your debt when it is the governments who are defaulting, and unable to raise interest rates in Europe. This is also the backdrop to the Repo Crisis and why US banks withdrew from making markets because they did not want to take European debt as collateral, forcing the Federal Reserve to step in.

Pelosi’s delegation went to Ukraine and said the US does not want peace and it will not accept the status quo. They want total victory against Russia and they have UNCONSTITUTIONALLY declared war on Russia and they are pretending they can act unilaterally and as long as the Ukrainian people are on the ground and not American troops, then it is not formally a war that only the people can declare under the constitution. This is all a cover for the Great Default because Keynesian Economics has completely failed. The central banks CAN NOT stop this inflation nor do they control the fiscal spending. Governments are now spending whatever they want because they know the Great Default is coming. This is all part of the Great Reset pushed as the solution by the World Economic Forum.

As we move head-first into 2032, we are looking at the total collapse of not just socialism because of the inability of European governments to continue to borrow as the Fed raises rates, and they cannot, but we are also staring into the eyes of the collapse of Republican forms of government on a global scale.

The REAL Insurrection – The Office of The President, The Executive Branch, Publicly Declared Support For the Political Targeting of the Judicial Branch


Posted originally on the conservative tree house on May 5, 2022 | Sundance

You might remember that ancient time in history when American civics discussions involved the separation of powers.  Apparently, those days are long gone in the rubble of what was once considered a constitutional republic.  Forget Joe Biden targeting the President of Russia for assassination, what happened today is far more serious in context.

The most powerful political office in the executive branch of government, the office of The President, is now endorsing the political, potentially violent, targeting of the justices within the most powerful office of the judicial branch of power, the justices of The Supreme Court of the United States.

Pause for a moment and let that settle in.

The President is now endorsing the targeting of Supreme Court justices.   The Executive Branch is now publicly targeting the Judicial Branch.

Separate but co-equal?  Again, think about the ramifications here.  WATCH:

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White House Announces Karine Jean-Pierre to Replace Jen Psaki Effective May 13th, Biden Also Reinstalls Media Fixer Anita Dunn


Posted originally on the conservatives tree house onMay 5, 2022 | Sundance

The White House has announced {SEE HERE} that Karine Jean-Pierre will replace Jen Psaki as chief narrative engineer for the Biden regime effective May 13, 2022.  Anita Dunn will return as media fixer.

[White House Press Release] – Today, President Biden announced Karine Jean-Pierre has been promoted to be Assistant to the President and White House Press Secretary. Karine will step into the Press Secretary role replacing Jen Psaki, who will depart from the White House on May 13.

Statement from President Biden: “I am proud to announce that Karine Jean-Pierre will serve as the next White House Press Secretary.

“Karine not only brings the experience, talent and integrity needed for this difficult job, but she will continue to lead the way in communicating about the work of the Biden-Harris Administration on behalf of the American people. Jill and I have known and respected Karine a long time and she will be a strong voice speaking for me and this Administration. (read more)

Additionally, the White House has announced Anita Dunn will return to the JoeBama administration as senior advisor.  Dunn’s specific expertise is using pressure, blackmail and political leverage to control information distribution by media organizations.

The reappearance of Anita Dunn aligns with the expressed intent of the DHS ‘disinformation’ board.  Dunn’s professional political skillset surrounds being a paid media fixer.   She has done this for multiple democrat politicians including Obama.  It was Anita Dunn who used her position in the Biden campaign to demand that media stop allowing Rudy Guiliani to explain the Biden family ‘pay to play’ financial system of selling influence.

Anita Dunn also advised Harvey Weinstein how to remove media stories of his Hollywood rape issues.

Dunn reappearing makes sense, as the U.S. government objective to control information is now in full swing.

JoeBamanomics, 77 Percent of Americans Rate Economy as Poor, 23 Percent Say Good, 63% of Americans Buying Fewer Groceries


Posted originally on the conservative tree house on May 4, 2022 | Sundance 

May 4, 2022 | Sundance | 38 Comments

CNN conducted another poll to evaluate voter trends [pdf data here].  The results show a significant drop in American opinion of the economy with 77% rating the current status as “poor,” and 23% saying it’s “good.”  Additionally, 66% of people polled disapprove of the way Biden is handling the economy.

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)

In the video discussion, CNN Political Director David Chalian is just gobsmacked, stunned and amazed that 63% of these people are saying they are buying fewer groceries because stuff is just too expensive. WATCH:

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Whenever voters put democrats in charge of the economy, it just sucks.

Full Poll Pdf HERE }

Fed Raises Interest Rates .50 Percent, The Purposeful Inflation is Expected to Continue


Posted originally on the conservative tree house on May 4, 2022 | Sundance

As expected, the Federal Reserve has raised interest rates .50%.  However, inflation is expected to remain high as prior spending debt bubble remains in place.

WASHINGTON, May 4 (Reuters) – The Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 years, and the U.S. central bank’s chief made an appeal to Americans struggling with high inflation to be patient while officials take the hard measures to bring it under control. (read more)

Within hours of the announcement, major U.S. banks including JPMorgan Chase & Co, Wells Fargo Bank and Citibank raised their prime rate to 4%, effective Thursday.

The timing of the rate increase is what was expected.  Last year’s inflation spikes started appearing in June of 2021.  By delaying the 2022 FED response until right now, the political operatives in control of U.S. monetary policy create a scenario where the Fed impact will appear to surface in June of 2022. Exactly one year from the date of the first wave of inflation from the prior COVID spend.

Year-over-year inflation will statistically begin to give the appearance of moderation, once the June (’21) to June (’22) comparison cycle arrives.  The Fed and White House will use the intentionally timed statistical outcome to claim inflation is diminishing.  It’s a political trick we expected.

The key to remember is the western government debt incurred during COVID-19 is the problem.  The debt incurred is unsustainable, and that debt burden can only be reduced by devaluing the currency.  Inflation is the devaluing of currency that makes the debt manageable.  Dollars that are worth less also make the dollar-based debt worth less.

From the position of the government inflation is good, it makes the debt burden less heavy.  Unfortunately, that same inflation makes our money worth less, and our wages are chewed up by higher prices. Wages are destroyed by the increased prices the prior spending created.

In this inflation/debt position, the BlackRock/Vanguard approach of physical ownership of real estate and physical stuff becomes way more important than holding money or dollars which continue to lose value.  Physical ownership of material stuff is important right now, that’s why we have seen massive institutional investors purchasing real property and physical assets.

It’s not just a U.S. problem, all western government’s went on a COVID economy spending spree, and the scale of their spend/debt is directly proportionate to the current rate of their inflation.  The U.S. inflation is highest amid western economies because the U.S. government spent the most.

As the Fed raises interest rates, the Biden administration will continue spending money to keep inflation high.   When it comes to the rate of inflation, the Fed is putting one foot on the brake, while congress keeps it’s foot on the gas.

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/White House are working together to try and manipulate the economy.  You can identify their intent by noticing both actions 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 not existent.  Consumer spending is high only because ordinary stuff costs more; the economy itself is not generating any additional value.

Things are very sketchy, and the Fed waiting for the calendar inflation cycle to arrive was transparent.

Washington Post Laments Hungarian Prime Minister Viktor Orban Likely to Win Reelection Tommorow


Posted originally on the conservative tree house on April 2, 2022 | sundance 

The Washington Post, aka the U.S. intelligence community, is lamenting the likelihood that Hungarian nationalist Viktor Orban is likely to win reelection tomorrow despite the efforts of the multinational corporations and globalists in western politics trying to defeat him.

According to the public relations stenographers for the U.S. intelligence community, Orban retains a great deal of support from the working class in Hungary, despite the influence campaign the western alliance has been waging to support his political opposition.  The framework from the Washington Post indicates just how tentacled the U.S. government is in meddling in the affairs of our allies.

According to the CIA publication: “He has angered his neighbors and triggered harsh blowback from Ukrainian leaders for what they see as a wishy-washy reaction to the war. Yet by portraying himself domestically as a steady hand navigating between larger world powers, he has gained ground on the political opposition in Hungary and increased his odds of winning a fourth consecutive term as prime minister in a parliamentary election Sunday.

The WaPo notes the job of the global intelligence community and the western manipulators within the NATO alliance become more complicated with Orban likely to continue advocating for the best interests of his country.  This makes it more challenging for “the European Union, which is trying to maintain a hard line against Moscow — from all 27 members of the bloc — while also pressing Hungary on rule-of-law issues and democratic backsliding.”  Orban, an economic nationalist, represents another roadblock in the western effort to create new “democratic norms” through a one world order model of government.

(CIA Continues) – […] Specifically on Russia, Orban has criticized the invasion as an aggression and backed the E.U. in much of its response. But the country has opposed sanctions on energy supplies, and it hasn’t provided military aid to Ukraine.

All the while, Orban has signaled a warm welcome to 500,000 Ukrainians fleeing war — a reversal from his stance during an earlier migration crisis, when Hungary built a wall in response to people fleeing conflict in the Middle East and Africa. (read more)

Because, of course, no one can tell the difference from a marching horde of economic migrants from the Middle East, versus the compassionate position to accept conflict refugees from neighboring Ukraine.

Hungarian riot police officers stand in front of migrants at a collection point at Roszke village at the Hungarian-Serbian border on September 9, 2015. Some 400-500 migrants on Wednesday broke through police lines in Hungary near the main crossing point from Serbia, AFP reporters at the scene said. AFP PHOTO / ATTILA KISBENEDEK

On these nuanced issues, the intelligence community wishes to push a specific globalist and multicultural narrative, and those voices who would look at refugees from a commonsense perspective are, well, Putin apologists or something.  So sayeth the U.S. State Dept and their Big Tech overlords who collaborate with the intelligence community in the ideological quest to create the New World Order.

[…] the E.U. faces a major decision on whether to withhold billions in funding from Hungary as well as Poland for rule-of-law violations.

Heather Grabbe, director of the Open Society European Policy Institute, said there is a “huge danger in trading off the short-term unity of the war against the long-term unity of the E.U. as a community of law with integrity.”

[…] Last week, Ukrainian President Volodymyr Zelensky applied some pressure on Hungary as well, name-checking every E.U. member — mostly applauding their support — before stopping to speak directly to Orban.

Listen, Viktor, do you know what’s going on in Mariupol?” Zelensky said.

He mentioned visiting Budapest and seeing a memorial — depicting shoes left along the Danube riverbank — dedicated to Hungarian Jews who were shot at the water’s edge.

“Please, if you can, go to your waterfront,” Zelensky continued. “Look at those shoes. And you will see how mass killings can happen again in today’s world. … And you hesitate whether to impose sanctions or not?” (more)

Notice that sentence I highlighted above?

Notice how there’s no source attribution for the quote from Zelenskyy, a journalistic standard.  How did the Washington Post know he said those exact words.  ANSWER – the article was published in the Washington Post, but written by the U.S. Intelligence Community, who were listening in.  They slipped a little.  Every once in a while those little slips sneak through.

How was the U.S. intelligence community listening to those calls?  Occam’s Razor, Zelenskyy is an active operator for them, under their control.  There is evidence of this coming out now.

More on that later.