Tag Archives: socialism

Jan 26 2023

NATO the Greatest Threat to Civilization


Armstrong Economics Blog/War Re-Posted Jan 26, 2023 by Martin Armstrong

COMMENT: Hi Marty,

I wonder if the downside of the US occupation of Europe since WW2 and US subsidization of military aid has produced a culture of pacifism. Germany’s reluctance to supply tanks to Ukraine suggests other motives.

The media focuses more on Russia and internal dissent against Putin. One reads about defections and men trying to escape the draft. The real symptom is the fraying of Nato and the US mission in Europe.

I seriously doubt Europeans want war. These military alliances die over time. Unless there is a perceived military threat, Nato appears to be a relic like the Maginot Line fortifications in France decades ago.

To my memory, no military alliance has ever lasted long. They usually die off from wars waged or the passing of time. NAto now is on the clock. I think it will die this decade.

MS

REPLY: NATO is the problem. Russia, and its people, have no desire to invade Europe. The day of communism and its spread as a religious cult is over, except in the West where Socialism is the means of the power of the state and to keep the people dependent upon that power the very exact way that communism worked. Despite the fact that communism collapsed it was so inefficient and deprived the people of even freedom to imagine and curiosity that is the seed of advancing society. Without that freedom to imagine and the curiosity to discover new things, society withers and dies.

The Neocons see only hatred and war. John McCain openly met with the Neonatzis of Ukraine and promised them the funding to destroy Russia. Nobody thinks about the people. It is always this ideological endeavor to destroy an opponent as if this were a Roman Gladiator Contest to the death. They expect the people to utter the same words – “We who are about to die, salute you.”

NATO is a relic. It has NO PURPOSE unless it can constantly argue that Russia is the enemy and it will conquer all of Europe without NATO. This to me is the same as Athens demanding tribute from Greek cities that became the Delian League.  That alliance of Greek city-states led by Athens was formed in 478 BC as a defense to a “possible” revenge invasion from Persia following the Greek victories at Marathon, Salamis, and Plataea during the 5th century BC. Persian never again even attempted such an invasion. But Athens extorted the Greek City States and moved the central Treasury from Delos to Athens and used all that tribute to build great monuments in Athens. The USA is like Athens. It defeated the German Nazis like Athens defeated the Persians. We created NATO to then defend against the Russian Communists, but have supported the Ukrainian Neonazis ever since and protected them from any prosecution.

That exploitation led to discontent and many then joined with Sparta to attack the arrogance of Athens. It was then that Persia supported Sparta to defeat Athens in 404 BC. The question is rather blunt. Will history repeat and Russia join with China to take down the arrogance of the West and make Stolenberg choke on his own words – “Weapons are the way to peace.” Sorry, but Rome showed us the way to peace – inclusion, and trade. The West has done nothing but rejects allowing Russia to enter the Western economy. Once the people are dependent upon trade, that is what creates peace – never arms.

Athens fell in 404 BC. The cost of defending itself against Sparta backed by the Delian League and Persia led to its debasement of the coinage when the silver was running out. The emergency issue was bronze silver plated. The most common denomination became the drachm – debased at that. If history repeats, then the monetary system of the West will likewise collapse as it pours unjustified money into Ukraine – a government consumed with hatred. Peace will only come when the Ukrainian people overthrow Zelensky and wake up that they are merely being sacrificed in the war of hatred against Russia that is propelled by propaganda.

Just listen to the propaganda being spread by the Prime Minister of Finland who is prepared to also sacrifice her people on the altar of the Neocons.

Jan 26 2023

Project Veritas Catches Pfizer R&D Official Stating Company Mutating COVID Viruses to Proactively Create Vaccines


Posted originally on the conservative tree house on January 25, 2023 | Sundance 

Project Veritas goes undercover and finds another top-level Pfizer Research and Development executive admitting the company is mutating COVID viruses to create vaccines. Instead of calling it “gain of function” research, which is illegal, they are calling it “directed evolution.”  This is very disturbing.

[NEW YORK – Jan. 25, 2023] Project Veritas released a new video today exposing a Pfizer executive, Jordon Trishton Walker, who claims that his company is exploring a way to “mutate” COVID via “Directed Evolution” to preempt the development of future vaccines.

Walker says that Directed Evolution is different than Gain-of-Function, which is defined as “a mutation that confers new or enhanced activity on a protein.” In other words, it means that a virus such as COVID can become more potent depending on the mutation / scientific experiment performed on it. (read more)

Jan 26 2023

Competency Cringe – Senator John Kennedy Exposes the Outcome of Equity and Diversity Amid Joe Biden Judicial Nominees


Posted originally on the conservative tree house on January 25, 2023 

Senator John Kennedy (R-LA) questioned a series of Joe Biden Federal District Court nominees today including: (1) Judge Charnelle Bjelkengren who is nominated to be United States District Judge for The Eastern District of Washington; (2) Matthew P. Brookman, to be United States District Judge for The Southern District of Indiana; (3) Michael Farbiarz, to be U.S. District Judge for the District Of New Jersey; (4) Robert Kirsch to be U.S. District Judge for The District of New Jersey, and (5) Eleta Merchant to be U.S. District Judge for The Eastern District Of New York.

Judge Bjelkengren couldn’t even explain what Article II or Article IV of the U.S. Constitution are about.   It gets worse from there.

Perhaps Senator John Kennedy did not mean to expose the outcome of affirmative action, diversity and social equity as a qualification for a federal court judge, but it happened anyway.  This is beyond cringeworthy, and, well, just wow.  WATCH: 

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“President Biden and Senate Democrats have made it a priority to elevate judicial nominees from demographically and professionally diverse backgrounds, and during the 117th Congress, we have shattered records when it comes to diversity on the federal bench… [including] a record number of nominees with experience serving not only as prosecutors, but also as public defenders, voting rights experts, and civil rights attorneys… Every one of these jurists is highly qualified and ready to serve our nation and the American people.”  ~ Senator Dick Durbin, Chairman of Senate Judiciary Committee

Jan 26 2023

Bang War Drums Loudly, Joe Biden Announces U.S. Sending Tanks to Ukraine as Deeping NATO War Against Russia Continues


Posted originally on the CTH on January 25, 2023 | Sundance

The Biden administration is pushing the United States into war against Russia to protect Washington DC’s political and financial interests in Ukraine.  None of this is a surprise as both Republican and Democrat politicians in DC continue to use Ukraine as a money laundering operation for key U.S. stakeholders.

Today Joe Biden announced he is sending 31 ‘Abram Tanks’ from the U.S. arsenal into Ukraine to further push the United States into direct conflict with Russia.  The potential for direct U.S. military engagement in Ukraine is now just a matter of formality, as the Abram’s tanks will be accompanied by military advisors, trainers, and the processes to sustain and maintain them on the battlefield.   WATCH:

[Transcript] – […] “today, I’m announcing that the United States will be sending 31 Abram tanks to Ukraine, the equivalent of one Ukrainian battalion.

Secretary Austin has recommended this step because it will enhance the Ukraine’s capacity to defend its territory and achieve its strategic objectives.

The Abrams tanks are the most capable tanks in the world. They’re also extremely complex to operate and maintain, so we’re also giving Ukraine the parts and equipment necessary to effectively sustain these tanks on the battlefield.

And we begi- — we’ll begin to train the Ukrainian troops on these issues of sustainment, logistics, and maintenance as soon as possible. Delivering these tanks to the field is going to take time, time that we’ll see — we’ll use to make sure the Ukrainians are fully prepared to integrate the Abram tanks into their defenses.

We also closely coordinated this announcement with our Allies. (read more)

We are being pushed into a war that few Americans want.

This is getting out of hand mostly because the Russians are defeating Ukraine in the war.  Without the U.S. operators and material involved, Ukraine cannot win.  However, the Biden administration view Ukraine as a U.S. proxy in Europe, and as such all of the corrupt DC systems are in alignment to continue escalating this conflict.

This is happening against the backdrop of Ukraine officials being caught stealing money given to Ukraine to fight the war.

None of this is good, and it is likely to get worse.

WASHINGTON DC – […] The decision to provide the tanks marks a stunning reversal for the Biden administration, which had previously argued they would be of little benefit to Ukraine.

But the decision to send the Abrams tanks helped get Germany to move forward with a separate effort to provide Leopard tanks to Ukraine, which the U.S. had seen as benefitting Kyiv.

German Chancellor Olaf Scholz announced Wednesday that Berlin would send Leopard tanks to Ukraine and allow for other European nations to also send the German-made tanks to Kyiv. (more)

Jan 25 2023

Flirting with Nuclear Catastrophe, Pompeo/Khashoggi Controversy, AOC’s Goons, & More! | SYSTEM UPDATE #27


Glenn Greenwald Streamed on: Jan 24, 7:00 pm EST

Jan 25 2023

Russia Prepared for NATO Invasion


Armstrong Economics Blog/War Re-Posted Jan 25, 2023 by Martin Armstrong

The West has decided to turn this into an all-out war to completely destroy Russia once and for all. Moscow has been put on high alert and air defenses are being put up in every sector of the city. The hardliners are being heard and Putin has little choice at this point. It has become absolutely obvious that even Germany now is sending tanks into Ukraine and they will be used to invade Russia. It appears that NATO “advisors” will be most likely driving these tanks.

I had hoped things would not unravel as quickly as they have. I warned that January was a major target in time coming up in our arrays. We also then have major targets in April/May and Panic Cycles in June. Even gold is moving higher which has NOTHING to do with inflation or the Fed. Gold rises during times of uncertainty with governments and war. Our computer has pinpointed the timing pretty well.

Even the prime minister of Finland has drunk the cool aid of war. Our world leaders are willing to throw everything society has accomplished into the rubbish all for this quest to destroy Russia, then China, and create this one-world dream of Soros and Schwab.

Understand that when war unfolds, they will impose capital controls in Europe ASAP. We even see Russian capital moving into Turkey buying real estate there in particular. Meanwhile, South Africa is aligning itself with Russia.

Jan 25 2023

Nuclear War to Save the Plan


Armstrong Economics Blog/War Re-Posted Jan 25, 2023 by Martin Armstrong

COMMENT: Great article about Nuclear War and saving the planet. You forgot to mention Hiroshima and Nagasaki. The “science” says both cities should have been uninhabitable for a 1000 years after a nuclear war. Yet, their populations doubled in 20 years after being nuked? Hiroshima now has 9 times its 1945 population. In 1945, after the A-bomb, it was 137,000. Now they have 1.2 million people? Doesn’t make sense!

Mike

REPLY: You are correct. I have even visited the area. I did not think to add that. The idea that a nuclear attack will poison the area permanently is also bad science just like Climate Change and the Earth will fry all because of CO2. I somehow think that not just cockroaches will survive a nuclear blast, but I get this strange feeling so will the people at the WEF.

Jan 25 2023

The Coming Great Global Default


Armstrong Economics Blog/Economics Re-Posted Jan 25, 2023 by Martin Armstrong

QUESTION: Dear Martin
Could you please describe more in detail what you are expecting when talking about the breakdown of the monetary system?
Will there be differences between countries like Germany and Switzerland for example? Especially regarding pension systems.
I assume, there might be big differences between countries.
Many thanks and best regards,
R.

ANSWER: The monetary system collapsed with the winning of the American Revolution. The state currencies and the federal Continental Currency were all exchangeable to the new currency which became the U.S. dollar. There was a great disparity among the states with each being rated by the marketplace for the swap. Even when they created the Euro, there were differences between each currency.

The IMF right now is pushing very hard behind the curtain to replace the dollar with an IMF digital currency that they want to become the reserve currency. This would be EXTREMELY dangerous for the IMF is deep in corruption. The complaint of China, for example, is that the dollar is the reserve currency and they see that as a dangerous power in the hands of an adversary.

I have written much on the real problem of the dollar acting as the reserve currency and that this has thrust the Federal Reserve into the default role of the central bank of the world. The problem is all the propaganda against the Fed that is spun by the goldbugs which totally distorts the real crisis. They try to sell gold only on the quantity theory of money which dates back to the 17th century. It is so antiquated it is laughable. It is entirely domestic-focused to the exclusion of the world economy and international capital flows. Unfortunately, the Federal Reserve is also living in the past and only sees the economy in domestic terms making it Fed Policy v Fiscal Policy, over which they have no control.

Only when you understand international capital flow movement will you ever even catch a glimpse of the real world. World War I sent the capital fleeing Europe and rushing to America. Because that capital was here, it increased the domestic buying power and the Europeans made the 1920s ROAR. They were participating in the Auto-Stock-Boom.

The first G4 took place in 1927 when the other central banks argued that the US had to lower its interest rates to deflect international capital which was needed in Europe to rebuild. Indeed, the capital inflows peaked in 1927 and began to decline. But it was the Sovereign Debt Crisis of 1931 that compelled major capital outflows to cover losses at home.

Hoover explained the crisis in 1931 in his Memoirs. So to answer your question will take a major report which I intend to publish. The subject is highly complicated and there will be major divergences that people must be aware of. The bottom line is that all governments intend to default on their prior debts. That is what unfolded even with the collapse of the Continental Government after winning the American Revolution.

We see similar outcomes also in France with their Revolution. We are staring into the eyes of a major global default in debt and we are on schedule cyclically for the next sovereign default period.

Jan 25 2023

The Debt Ceiling Hits Pi – $31.4 Trillion


Armstrong Economics Blog/Sovereign Debt Crisis Re-Posted Jan 24, 2023 by Martin Armstrong

The debt ceiling has currently hit $31.4 trillion (Pi), representing borrowing that the Treasury undertakes to fund its financial obligations, ranging from safety-net benefits such as Social Security. Is this coincidence, or is the magic number where the government starts to lose control? As Socrates has been forecasting, this is the end of the road for our Republican forms of government. They are irresponsible, show no form of fiscal management, and exploit every possible means to sustain their power. The problem has been that they never see the end of the road. They think they can keep borrowing year after year and the public will keep buying.

The real crisis is the amount of new debt that the government needs to issue, is exceeding the balance sheet of the Primary Dealers. If they must buy the debt to retain their status, then if they cannot sell the debt, that is when you are looking at a major banking crisis. It is actually cheaper at this point to simply print the money and stop this fool’s game of pretending to be running the system responsibly.

It is time to turn out the lights on the stupid game of running endless deficits and borrowing when there is NEVER any intention to ever pay off the debt. Let’s stop the nonsense for this cannot continue indefinitely.

From the birth of the US paper dollar in 1861, it will be 19 intervals of 8.6 years in 2024. We have reached the Rubicon. It is almost time to celebrate a new beginning is on the horizon.

Jan 25 2023

Reader Feedback Request – How Much Have Your Electricity, Gas and Heating Oil Costs Increased?


Posted originally on the CTH on January 24, 2023

There is a pending energy issue looming just beyond the horizon that is going to become a major issue very soon.   Electricity rates, natural gas costs and home heating oil prices increased massively due to Joe Biden energy policy.  However, things are likely to get much worse in a few months.

On the issue of oil and gasoline prices, the U.S. Strategic Petroleum Reserve (SPR) has dropped 40% since Joe Biden began using it to offset massive global prices increases in oil.  However, Biden is doing nothing to increase production and has not engaged energy producers in conversation to expand domestic production. Non pretending warning HERE.

Ultimately what this means is another wave of sicky price increases for gasoline are coming fast.

Additionally, Mark Wolfe, director of the National Energy Assistance Directors Association (NEADA), is warning that continued pressure on natural gas supplies by exporting U.S. production to Europe is going to make our electricity rates go even higher as more than 40% of U.S. electricity generated comes from the use of natural gas.  Wolfe wrote a letter in October to Energy Secretary Granholm [SEE HERE], and the situation is unfolding exactly as he warned.

Electricity rates have jumped massively in the past year, and it looks like they are going to continue to rise.  The spring and summer of 2023 looks to deliver another round of higher oil prices, higher natural gas prices, higher electricity prices and higher gasoline prices.   Which brings me to the question…

It is challenging to find solid data (without noise) on regional electricity, home heating and natural gas prices. However, Treehouse readers consistently provide the most accurate assessments of reality on the ground.  You guys are the experts in checkbook economics. So, I ask you the question:

How much have your electricity, natural gas and/or home heating costs increased in the past year?