Tag Archives: Starvation

Sep 1 2022

Trudeau Throws C$100 Million at Woke Agenda


Armstrong Economics Blog/Canada Re-Posted Sep 1, 2022 by Martin Armstrong

As Canadians grapple with inflation, most taxpayers are eager to spend money on 2SLGBT programs and awareness. Well, at least that is what the Trudeau Administration falsely believes. The government has budgeted C$100 million for 2SLGBT initiatives. Sadly, they have the power to spend this money recklessly without the taxpayers’ consent.

I had to look up 2S since the acronym continues to grow by the day. The first search result in Google is from a website intended for Canadian children to understand the infinite amount of genders:

“Two-Spirit (or 2 Spirit or 2S): an important term within some Indigenous cultures and for some Indigenous people, meaning a person with both a feminine and a masculine spirit living in the same body. This is often used to describe sexual orientation, gender identity and/or spiritual identity.”

It is a shame that this is what children are learning in classrooms. So where in the WTF is this money going? Apparently, 75% will go toward diversity and inclusion, “where the real work of support comes from,” Trudeau said. That is a very broad way to say they plan to use the money however they see fit. Around C$5 million will go toward a public awareness campaign, and an additional will C$7.7 will be spent on data collection and research.

People can live life however they see fit. I do not care what you do behind closed doors. However, the taxpayer should not need to foot the bill for this alternative lifestyle. This plan will only cause people to feel a divide between traditional vs alternative lifestyles. Even many with alternative lifestyles see that this woke agenda has gone too far. “This will guide our ongoing work to fight discrimination, break down barriers, to advance rights, and to build a future where everyone in Canada is truly free to be who they are and love whom they love,” Trudeau said. Love thy neighbor for free and not at the cost of C$100 million.

Sep 1 2022

California Announces Ban on Gas Powered Vehicles Then Announces Energy Emergency Requesting Residents Not to Charge Electric Vehicles


Posted originally on the conservative tree house on August 31, 2022 | Sundance

A week ago, California state regulators voted to ban the sale of gasoline powered cars by 2035. The goal is to make every vehicle in California an electric vehicle.

However, just a week later, the California Independent System Operator (ISO) issues a flex alert for the Labor Day holiday weekend asking people not to charge electric vehicles because the power grid cannot handle the demand.  [Alert Notice]

The Flex Alert for Thursday, Sept. 1 is scheduled for 4 p.m. to 9 p.m., when the grid is most stressed from higher demand and less solar energy. During that time, consumers are urged to conserve power by setting thermostats to 78 degrees or higher, if health permits, avoiding use of major appliances and turning off unnecessary lights. They should also avoid charging electric vehicles while the Flex Alert is in effect.

To minimize discomfort and help with grid stability, consumers are also encouraged to pre-cool their homes and use major appliances and charge electric vehicles and electronic devices before 4 p.m., when conservation begins to become most critical. (LINK)

Aug 31 2022

Taiwan to Destroy Chinese Drones


Armstrong Economics Blog/War Re-Posted Aug 31, 2022 by Martin Armstrong

https://video.udn.com/news/1245480

The video above has gone viral, depicting Taiwanese soldiers throwing rocks at drones believed to be sent by China. Reports are circulating that Taiwan also allowed store-bought civilian drones to enter its airspace, which leaves many to wonder how they can compete against China’s military surveillance. Backed by the US, Taiwan is beginning to push back against China and its One China policy. The Ministry of National Defense (MND) has reported that they will begin to shoot down Chinese drones or unmanned aerial vehicles (UAVs).

The MND said that it plans to invest in anti-drone defense systems over the next four years to the tune of $141 million. There have been 23 drone spottings in Taiwan since Pelosi’s reckless visit. It should be worth noting that Taiwan donated 800 carpet bomber drones and 860 combat drones to Ukraine to combat Russia. China is taking notes from Russia, while Taiwan is taking notes from Ukraine. Why would Taiwan offer a vast quantity of drones to Ukraine if they are in need of their own protection?

The simple answer is that support from the US has emboldened Taiwan. They do not fear an escalation of tensions when US warships are passing through its waters. Time will tell how China responds as the One China policy is under fire.

Aug 31 2022

Suspicious Timing, AG Merrick Garland Sends Memo to DOJ and FBI Employees Reminding Them Not to Talk to Congress


Posted originally on the conservative tree house on August 31, 2022 | Sundance

Absent of anything else going on, this memo would seem innocuous.  However, when you consider that at least 20 FBI whistleblowers from the FBI have approached both the house and senate in the past several weeks, this memo takes on a new meaning.

According to the memo sent internally by AG Merrick Garland, he is reminding everyone in the DOJ/FBI about the restrictions against talking to congress. [SOURCE]

The internal citations take you to Justice Manual, Section 1, Title 800: “Congressional and White House Relations” [LINK]

1-8.200 “Except as provided in this chapter, no Department employee may communicate with Senators, Representatives, congressional committees, or congressional staff without advance coordination, consultation, and approval by the Office of Legislative Affairs (OLA).  All congressional inquiries and correspondence from Members, committees, and staff should be immediately directed to OLA upon receipt.” [LINK]

Make of the timing what you will; however, if you have followed the political corruption within Main Justice and the FBI, the intent of the memo seems pretty clear.  A warning to those who might consider trying to escape the clutches of a comprehensively corrupt institution.  Or as Senator Chuck Grassley recently stated:

“If these allegations are true and accurate, the Justice Department and FBI are – and have been – institutionally corrupted to their very core to the point in which the United States Congress and the American people will have no confidence in the equal application of the law. Attorney General Garland and Director Wray, simply put, based on the allegations that I’ve received from numerous whistleblowers, you have systemic and existential problems within your agencies.” (LINK)

Aug 31 2022

The Energy Economy


Posted originally on the conservative tree house on August 30, 2022 | Sundance

Let’s say you are an average household with an income around $100,000/yr who has an increase in electricity rates from $300 to $500 due to Joe Biden’s new national energy policy known as the Green New Deal.  That’s $200 more per month for this initial economic/energy “transition” moment.

That extra $200/month equates to $2,400 per year.

That $2,400 per year is static economic activity.  Meaning nothing additional was created, and nothing additional was generated.  The captured $2,400 is simply an increase in the price of a preexisting expense.

Take that expense and expand it to your community of 100 friends and family households.  The $2,400 now becomes $240,000 in cost that doesn’t generate anything.  $240,000 is removed from the community economy.  $240,000 is no longer available for purchasing other goods or services within this community of 100 households.

The economic purchasing power of the 100-household community is reduced by $240,000 per year.

Take that expense and expand it to your county of 10,000 households.  Now you are reducing the county economic activity by $24 million.  In this county of 10,000 households, $24 million in economic transactions have been wiped out.  Meals at restaurants, purchases of goods and services, or any other spending of the $24 million within the county of 10,000 households (approximately 25,000 residents) has been lost.

Now expand that expense to a larger county, quantified as a mid-size county, of 50,000 households.  The mid-sized county has lost $120 million in household economic activity, simply to sustain the status quo on electricity rates.  Nothing extra has been generated. $120 million is lost.  The activity within the county of 50,000 households shrinks by $120 million.

Expand that expense to a large county of 100,000 households, and the lost economic activity is $240 million.

Expand that expense to a small state of 1 million households (2.5 million residents), and the lost economic activity is $2.4 billion.

Expand that expense to a state with 5 million households (approximately 12 million residents) and the economic cost is $12 billion in lost economic activity unrelated to the expense of maintaining the status-quo on electricity use.   This state loses $12 billion in purchases of goods and services, just to retain current energy use.

These examples only touch on household expenses.  The community, county and state business expenses for offices, supermarkets, stores, etc. are in addition to the households quoted.

Meanwhile the Gross Domestic Product (GDP) of the community, county and state, remains static because the GDP is calculated on the total value of goods and services generated in dollar terms.  The appearance of a static GDP is artificial.  In real Main Street terms, $12 billion in economic activity is lost, but the price or increased value of electricity hides the drop created by the absence of goods and services purchased.

Fewer goods and services are purchased and consumed.  However, statistically the inflated price of electricity gives the illusion of a status quo economy.

Now expand that perspective to a national level and you can see our current economic condition.

Aug 30 2022

Does the US Want War with China?


Armstrong Economics Blog/Politics Re-Posted Aug 30, 2022 by Martin Armstrong

China does not want a war with the US. The US, however, is continually provoking China by using Taiwan as its scapegoat. The US Navy announced that two warships will be traveling through the Taiwan Strait. The reasoning? The military aims to demonstrate freedom of movement through international waters. In other words, they deliberately want to anger China.

Nancy Pelosi began the subtle attack on China when she visited Taiwan and disregarded warnings from every intelligence agency. China repeatedly warned America not to interfere in its One China policy. Yet, Pelosi said she wants Taiwan to liberate Taiwan.

“We take this trip at a time when the world faces a choice between autocracy and democracy,” Pelosi said. “We cannot stand by as the CCP proceeds to threaten Taiwan — and democracy itself,” Pelosi said in a statement. “Our congressional delegation’s visit should be seen as an unequivocal statement that America stands with Taiwan, our democratic partner, as it defends itself and its freedom.”

China flexed its military power as soon as Pelosi left by performing almost a mock invasion through the skies and sea. As of this week, Taiwan reported 23 Chinese aircrafts and eight ships around Taiwan. Russia was provoked by NATO and backed into a corner before invading Ukraine. Beijing is increasingly feeling the pressure as the US is not actively abiding by its One China policy. Between the current recession, proxy war in Ukraine, and surmounting debt, the US is simply stretched too thin to enter a war with China.

Our models warn that geopolitical tensions will rise going into 2023. China is selling off US debt, which is another sign of coming geopolitical problems.

Aug 30 2022

Greenpeace to Ditch Greta


Armstrong Economics Blog/Climate Re-Posted Aug 30, 2022 by Martin Armstrong

Reports are circulating that Greenpeace may soon ditch their poster child for climate change, Greta Thunberg. The Swedish activist was pushed to fame as a child and became notorious for passionate speeches that she was likely forced to read and believe. Klaus Schwab even featured the young girl in his film, “The Forum,” to promote Agenda 2030.

Greta is now 19 years old and no longer the perfect child-like puppet with braids and innocence. I warned that her parents manipulated this girl for their own benefit. She suffers from autism and depression, and her parents publicly stated that parading her around the globe was “medicine” for her ailments.

As an adult, she is diverting from the script. Last year, she said that democracy should be prioritized over climate change in a move that angered her handlers. She accidentally shared an image of “suggested posts” that her handlers asked her to share across social media platforms. Greta even came under fire by the Indian government after being spotted with pop star Rihanna who began promoting the Indian farmer’s protest.

There are now talks that the climate change crowd plans to discard the teen. Other activists have begun publicly criticizing her, which would have never happened when she was surrounded by the likes of Al Gore and Jennifer Morgan. “Since the beginning, we have said that we want to be hierarchy-free – and yet many saw Greta as the leader,” Swiss Jann Kessler stated. Others have whined that she was not the first to protest the weather cycle.

To the adults who abused this innocent girl – how dare you!

Aug 30 2022

California Begs Residents Not to Move to Texas


Armstrong Economics Blog/Politics Re-Posted Aug 30, 2022 by Martin Armstrong

California’s failed policies have led residents to flock to states like Florida, Arizona, and Texas. Now, California is begging them to stay by using disturbing rhetoric. Billboards are appearing across Los Angeles and San Francisco warning against moving to Texas. The reason? The horrific Uvalde School massacre that occurred at Robb Elementary in May.

“The Texas miracle died in Uvalde,” the billboards states. It is in bad taste to use a school shooting to promote an agenda. The gunman was apprehended by a Texas resident with a gun. The police failed those children. None of this has anything to do with California’s policies; crime is not as prominent in Texas.

Between 2020 and 2021, over 25,000 fled California to Texas, according to the US Census data. Overall, over 360,000 people left California in 2021. Most cite that California has become completely unaffordable, with the median home price at about $797,470. Companies have fled California since the beginning of the pandemic to tax-friendly states. They lost huge job creators and revenue makers such as Facebook, Twitter, Dropbox, SpaceX, and Tesla, to name a few. Another less discussed reason is the intense woke rhetoric spewed by Newsom and others. Theft has basically become legal. Despite the beautiful scenery and weather, people simply do not want to live in the Golden State for a plethora of reasons.

Aug 30 2022

Tucker Carlson Highlights the False Premise of the Demand Inflation Argument as Energy Becomes Scarce and Economic Collapse Looms


Posted originally on the conservative tree house on August 29, 2022 | Sundance 

During his opening monologue tonight, Tucker Carlson becomes the first mainstream pundit to point out the lies in the central bank argument.

The federal reserve and EU central banks claim they are raising interest rates to stop inflation by slowing demand.  A demand side approach.  However, it isn’t demand driving inflation; it’s the cost of energy driving inflation. That’s a supply side issue.

The central banks cannot admit what they are doing, or people would catch on.  They are intentionally reducing economic activity in order to support having scarce energy production. WATCH:

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Aug 30 2022

Analysts Begin Quantifying “Some Pain for Americans” as Monetary Policy is Positioned to Support Green New Deal Energy Transition


Posted originally on the conservative tree house on August 29, 2022 | Sundance

The financial pundits are slowly starting to drop the pretending and discuss the bigger economic picture. However, as they tread very carefully, they are being very cautious about admitting too much.

A Reuters discussion of the comments by Federal Reserve Chairman Jerome Powell, starts to dip the media toe in the painful pool; yet they will not admit the Biden energy program is the source of the inflation Powell is targeting with his policy moves to shrink energy demand. Thus, the pretending continues.

If you take the written words and extract the parseltongue, you can see a more fulsome picture of what is being outlined.

JACKSON HOLE, Wyo., Aug 29 (Reuters) – The message from the world’s top finance chiefs is loud and clear: rampant inflation is here to stay and taming it will take an extraordinary effort, most likely a recession with job losses and shockwaves through emerging markets.

That price is still worth paying, however. Central banks spent decades building their credibility on inflation fighting skills and losing this battle could shake the foundations of modern monetary policy.

In other words, the U.S. economy is based on core U.S. energy systems and moving that construct to alternative energy, windmills, electric vehicles and solar panels; along with getting Americans to accept a lowered standard of living; is an “extraordinary effort.”

Yes, they are ‘all-in’ and if they lose “this battle,” the core foundations of modern monetary policy will “shake” along with the economic collapse that follows. The economic energy “transition” is the Biden policy, the federal reserve is trying to support that policy by lowering economic demand.

Yes, they also now admit that people will lose their jobs, their livelihoods and the foundation of their economic stability in the process.

[…] “Regaining and preserving trust requires us to bring inflation back to target quickly,” European Central Bank board member Isabel Schnabel said. “The longer inflation stays high, the greater the risk that the public will lose confidence in our determination and ability to preserve purchasing power.”

Banks should also keep going even if growth suffers and people start to lose their jobs. “Even if we enter a recession, we have basically little choice but to continue our policy path,” Schnabel said. “If there were a deanchoring of inflation expectations, the effect on the economy would be even worse.”

[Energy inflation, the root of all supply side inflation] “is near double-digit territory in many of the world’s biggest economies, a level not seen in close to a half century.”

[…] Deglobalisation, the realignment of alliances due to Russia’s war, demographic changes and more expensive production in emerging markets could all make supply constraints more permanent. (read more)

Yes, the “realignment global of alliances,” as an outcome of the western world policy to fracture global markets based on energy use.  Notice they are now starting to admit what we have discussed here for over a year?

“The global economy seems to be on the cusp of a historic change as many of the aggregate supply tailwinds that have kept a lid on inflation look set to turn into headwinds,” Agustín Carstens, the head of the Bank of International Settlements, said.

“If so, the recent pickup in inflationary pressures may prove to be more persistent,” said Carstens, who heads a group often called the central bank of the world’s central banks.

All this points to rapid interest rates hikes, led by the Fed with the ECB now trying to catch up, and elevated rates for years to come. (read more)

Indeed, we are only now on the front side “cusp” of the transition which will force the continued lowering of economic activity within the aligned nations for more than a generation or two.   All economic activity, essentially all human activity, will have to be stalled and reduced until the levels of sustainable energy production can catch up to the levels of energy needed for the now smaller economy.

With current estimations of 50+ years before sustainable energy can generate 25 to 50 percent of the need, this is going to take a long time, and the bankers & financial control agents are going to have to simultaneously make the economies of the allied nations much smaller.

The planned energy oven is small, the size of the economic pizza must be shrunk in order to fit within it.

My last and important point is this…. The multinational corporations, banks and global finance folks, do not enter into these situations without a carefully planned way to retain their own wealth.  The job of a “hedge fund manager” is described in the title, to find a “hedge” against risk to continue increasing wealth.

The billionaire elites that have assembled their wealth on the old economic system will not trust anything to chance as this global cleaving of the world economy takes place. Being reactionary is not how they operate.  These groups pre-stage their wealth and assets outside the zone of collateral damage. They are proactive, not reactive to these global financial events.

With the foundation of the western economic system now being changed, look carefully at the political landscape to see what Wall Street risk mitigation maneuvers are taking place. My very strong hunch on this wealth preservation facet leads me back to domestic politics, and suddenly things make sense. I’m not wrong. I am open to being wrong, but I’m not wrong.