Tucker Carlson Broadcasts an 8:00pm Message, “True Things Prevail”


Posted originally on the CTH on April 26, 2023 | Sundance 

Using his Twitter platform account, at 8:00pm tonight, Tucker Carlson sends a brief message, his first direct broadcast since the removal of his voice from Fox News.

Within the message you will note some common themes to our discussion of these events.  (1) Both parties in Washington DC are participating in the fraud and pretending, the UniParty is very real.  (2) The people in control of the communication apparatus “are afraid; they’ve given up persuasion, they are resorting to force.” And perhaps the most important message of all (3) “When honest people say what’s true … they become powerful. At the same time the liars that have been trying to silence them, shrink, they become weaker.  That’s the iron-law of the universe true things prevail.”   WATCH:

. [Tweet Source]

None of these things will come as a surprise to readers here.  Indeed, we have talked about them frequently.  There is no reason to give the manipulators any power over your peace of mind.  Stay connected to the truth in things and accept things as they are, not as we would wish them to be.

There is great freedom in speaking the truth of the thing.  The natural laws cannot be defeated by the schemes of men…. The Truth Has No Agenda and is very easy to notice. Thus, the final and larger point, trust your instincts.  You know the truth of the thing when you see, hear and feel it.  At this moment, 13.6 million people have watched this brief Tucker Carlson video on Twitter.  😁

Chrysler Cutting 3,500 Union Auto Jobs


Posted originally on the CTH on April 26, 2023 | Sundance | 187 Comments

Earlier GM cut 5,000 salaried workers and several hundred hourly jobs. Ford previously announced it would cut a total of 3,000 salaried and contract jobs, mostly in North America and India.  Now, today, Chrysler parent company Stellantis announces 3,500 auto sector job cuts.

Stellantis owns the Jeep, Ram, Chrysler, Dodge and Fiat brands. Apparently, there is something in the U.S. economy that’s happening despite the great pretending….

Biden in Michigan, speaking to auto-workers, 2020

WASHINGTON, April 25 (Reuters) – Chrysler-parent Stellantis NV (STLAM.MI) wants to cut approximately 3,500 hourly U.S. jobs and is offering voluntary exit packages, according to a United Auto Workers union letter made public Tuesday.

The automaker is looking to reduce its hourly workforce offering incentive packages that include $50,000 payments for workers hired before 2007, UAW Local 1264 said in a letter dated Monday posted on its Facebook page.

Stellantis spokeswoman Jodi Tinson declined to comment. A person briefed on the matter said the figure might be lower than the figure cited in the UAW letter.

In late February, Stellantis indefinitely halted operations at an assembly plant in Illinois, citing rising costs of electric vehicle production.

The action impacted about 1,350 workers at the Belvidere, Illinois, plant that built the Jeep Cherokee SUV and resulted in indefinite layoffs. The automaker has warned it may not resume operations as it considers other options. (read more)

The Investment Recovery Act (IRA), aka “the green new deal” multitrillion spending bill, was supposed to enhance autoworkers.  Funny how the exact opposite happens.

The incentive packages outlined in the UAW Local 1264 letter included the following details:

  • Incentive Package for Retirement: $50,000 for seniority members hired prior to the 2007 agreement.
  • Voluntary Termination of Employment Program: guaranteed lumpsum benefit payment and is applicable to employees with at least 1 year seniority.

.

Overall govt spending and regulatory controls drove inflation for these past two years.  The ‘demand side’ was blamed, despite the lack of demand. I will be proven right when history is concluded with this.  Interest rates were raised by central banks in an effort to support the policies that are driving ‘supply side’ inflation, not demand side.

Energy policy was/is crushing the consumer by driving up the cost of all goods and services.  To support the overall goal of changing global energy resource and development (a false and controlled global operation), central banks raised interest rates.  Various western economies, including our own, have been pushed deeper into a state of contraction by central banks crushing consumer demand, and eliminating investment via increased borrowing costs.

In short, the goal was/is to lower energy consumption by shrinking the economic activity.  This, according to the BBB plan, was needed at the same time as energy development was reduced.

These economic outcomes are not organic, they are all being controlled by collective western government agreement.

New FHFA Rule- Middle Class to Subsidize High-Risk Borrowers


Armstrong Economics Blog/Real Estate Re-Posted Apr 26, 2023 by Martin Armstrong

Biden is ushering in new socialistic policies and there are no checks and balances. I mentioned a few weeks ago how Fannie Mae and Freddie Mac are changing Loan Level Price Adjustments (LLPAs) on conventional loans. To ensure “fairness,” the agencies are helping “underserved” home buyers by reducing costs for those with lower credit scores and less money for down payments. Borrowers with a credit score under 680 will be rewarded, while those who spent years maintaining a high level of creditworthiness will see higher rates. So those with good credit and savings will be subsidizing mortgages for others who are less financially responsible.

The Federal Housing Finance Agency (FHFA) is using the race card and claiming this will help people of color secure loans. “In the short term, this may increase homeownership among the targeted group, but I’m afraid it could decrease homeownership among the middle class,” said Jerry Howard, CEO of the National Association of Home Builders. “I’m not sure that we’re not robbing Peter to pay Paul here.” People of color can also have good credit and savings for a downpayment, and it is an insult to say otherwise. As of now, lenders are solely looking at the colorblind numbers and race is not a factor. This is merely a ploy to see how this administration can slowly replace our republic with socialism.

This is completely unconstitutional and it’s telling how this measure passed with little backlash. Do not trash your credit because the rules of this rigged game always change. There will be backlash once people see the additional fees that the Biden Administration calls “minimum.” An extra $40 per month on a $400K loan amounts to over $14,400 over the course of a 30-year mortgage. Moreover, already stressed banks will be forced to provide loans at a lower rate to people who should not qualify. The law goes into effect on May 1, right in time for the busy spring season. Biden is forcing people to redistribute their wealth, and we are not talking about real wealth. Those with real wealth are buying in cash right now. This directly hurts the middle class who believed that working hard could afford them the now imaginary American dream.

Tucker Carlson’s Exit Tanks Fox News


Armstrong Economics Blog/Censorship Re-Posted Apr 26, 2023 by Martin Armstrong

Fox News fired their most popular reporter a day after the Dominion settlement. Within minutes, Fox lost $1 billion in market capitalization. Carlson claims that he amicably parted ways with Fox, but the timing is no coincidence. He tore into media agencies for forcing COVID vaccinations on employees during his last broadcast. When a popular host leaves a news network, there are promotions for weeks regarding their last show but his exit was sudden and unexpected.

CNN fired Don Lemon the same day, which made more sense since he was losing views and alienating his target audience with sexist remarks and alleged misconduct. Tucker Carlson Tonight was the highest-rated program on cable news. This was not a business decision.

This is the statement during his last broadcast that may have led to Carlson’s exit from Fox:

"Now, imagine as they told you that that Fox as a news organization endorsed it, amplified the government's message. Imagine if Fox News attacked anyone who refused to buy MyPillow as an ally of Russia as an enemy of science and then imagine that Fox kept up those libelous attacks, even as evidence mounted that MyPillow caused heart attacks, fertility problems and death. If Fox News did that, what would you think of Fox News? Would you trust us? Of course, you wouldn't. You would know that we were liars."

He then went on to say he was grateful Fox did not implement mandates. Still, it seems as if Carlson was being stifled from speaking. He continued questioning the voting scandal and has made numerous valid arguments against the 2020 US Presidential results. There are now calls to cancel Fox News across every social platform. It is a shame as this was the last large conservative news network but they are caving into the desires of their advertisers. More notable, they are caving to the Neocons who do not want a popular TV host calling them out by name in front of millions.

The same thing happened to Bill O’Reilly, who only became more popular upon his exit. Not only are people unsubscribing from Fox, but they are also unsubscribing from streaming services that they used to watch Tucker’s show. Horrible business decision on Fox’s part, but conservative voices have no place in Biden’s America.

Prior Tucker Carlson Unplugged Interview Provides Context for Current Dynamic


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

A lot of people are talking about this prior interview which provides some insight into the world of Tucker Carlson against the backdrop of current activity.  The content of the interview aligns with the perspective CTH previously shared {Go Deep}.

A little more than a month ago, Tucker appeared with the Nelk boys for their Full Send Podcast.  The part that is viral today starts at 01:20:50 of the video, toward the end of the interview when Tucker is discussing his evolution of opinion toward media, but the entire interview is interesting and very insightful.  If you have the time to watch the full interview it is worth the time.  If not, skip to the 01:20:50 part and catch the media perspective aspect.  WATCH:

The multinational media club are going full bore against Tucker Carlson right now, including the orchestrated efforts by all of Rupert Murdoch’s controlled outlets.

The need for control is a reaction to fear.  The media need to control the narrative around Tucker Carlson is from that same context; they fear him.

My Response to Murdoch, his Son and their Company Fox News will be, after this week I will not have anything to do with any Fox channels ever again. This will be a Total Boycott By me of anything Owned by Murdoch!


The Murdoch family has now joined the Woke world and be doing so abandoned the American people. Those that have joined the Woke agenda are for all participial purposes Anti-American and they are in the process of eliminating the U.S.Constitution and the Republic. We the people did not ask for nor authorize this change.

I would suggest that anyone that can see what they have done join me in this boycott. The Murdoch’s need to pay a price for what they are doing.

Robert Murdoch and his Son Lachlan have Destroyed The Fox Organization by Showing their True Colors when they Fired Tucker Carson — Their Number One Money Generator:


Fox now has a history of getting rid of or disciplining their money makes some of them are listed next:

Glen Beck in 2011 Removed

Roger Ailes in 2016 Removed

Bill O’Reilly in 2017 terminated

Jeanine Pirro disciplined in December 2020 with time off

Dan Bongino ion April 21, 2023 Removed

Tucker Carlson on April 24, 2023 removed

All of these people were generation money for Murdoch but Tucker was the Star Murdoch has taken a dangerous step with terminating Tuck that he and his company may not survive. If the published number are correct I would guess the financial hit will be well over a Billion dollars in second quarter will reduced add money and reduced viewers the present value of the next will ad another billion to the companies income. The question then is can the company survive what they did by getting ride of Tucker?

There is also a secondary effect here as it takes Fox News away from supporting Trump and that means Trump has been isolated from the Main US media channels. An alternative needs to be developed and quickly.

The Great De-Dollarization Fraud of a Lifetime


Armstrong Economics Blog/USD $ Re-Posted Apr 24, 2023 by Martin Armstrong

COMMENT: Marty; I was in a board meeting and I just wanted to let you know one guy who is there simply because his family had a stake in the company with zero worldly experience, started ranting about the end of the dollar he probably read on that biased _____________________. I asked this fool, should we then move all our company funds to Russia or China since Brazil is too small of an economy? Should we stop dealing with Americans? He had no response.

Separating a fool from his money seems to be a never-ending fact about humanity.

Cheers

You are the only sane one out there these days

PY

REPLY: I know what you mean. The people promoting this BRICS nonsense have no understanding of the real world. Institutions cannot park billions in Brazil, China, or Russia. Especially in the face of war. The reason the Euro has failed as a serious reserve currency is that there is NO NATIONAL EURO DEBT! Institutions have to still jockey between the various risks of each country and all the Euro did was transfer the foreign exchange risk to the bond market. Sorry, I just do not see where the dollar is in some state of collapse.

When they came to me to create the Euro, I warned them that there would be no single interest rate without the consolidation of the debt. But Kohl never allowed the German people to vote on joining the Euro, so he would not allow the consolidation of the debt. I was told then that they just had to get the Euro started and they would worry about consolidating the debts later. Of course, that never came. Hence, the volatility in FX simply moved to the debt market. The bottom line – the US dollar is still the ONLY place for major institutions to park money – PERIOD! They are not buying Brazil, China, or Russia.

World Trade as a percent of total world GDP PEAKED in 2008 at 61%. It has been in a bear market that will not bottom before 31.4 years taking us into 2040. The sanctions on Russia have divided the world economy and killed SWIFT but it has also ended globalization. To think that the BRICS can replace the dollar with ZERO capacity for international capital to park in such markets is the delusion of absolute fools. China will surpass the USA, but only after 2032.

So here we go again. This nonsense is leading unsuspecting people to follow the piper to divest of dollars and move into what exactly? Most of this is propagated by the gold bugs who will NEVER listen. They hate the dollar because they think gold will rise then. What kind of a world will exist if their doom and gloom were a reality? You might not have any place to spend your wealth. I own gold NOT as an investment, but because of its neutrality.

There is such a major fraud going on with digital currencies with people reporting that the latest scam is using social media to tell people to transfer all their cash to a digital wallet, and BTW – here is the link! If you believe that one, perhaps you would like to buy the Brooklyn Bridge. NYC has a deficit and they will sell it for all the money in your savings. Wake up!

These people remind me of the famous drawing of a fool and his cat.

The Banking Crisis of All Times


Reposed from Armstrong Economics Blog Posted Apr 25, 2023 by Martin Armstrong

QUESTION: Mr. Armstrong, Your knowledge and database on financial crises is really unprecedented. I googled the first banking crisis and it brought up only the Crisis of 1763, which started in Amsterdam. Yet that list published in the WSJ which showed 1683 as the first panic and the siege of Vienna was most interesting. I know you have written about the sovereign defaults on the ancient central bank in Delos. My question is, was there any major financial banking crisis between antiquity and 1683? I figured if anyone would know, he had to be you.

PF

ANSWER: As the 13th century unfolded, the cost of endless Crusades burdened both the crowns of England and France. Throughout the remainder of the 13th century, a variety of Crusades were aimed not so much at toppling Muslim forces in the Holy Land but to combat any and all groups seen as enemies of the Christian faith. Edward began his reign in 1275 with heavy debts incurred from the Crusades.

These endless wars resulted in the time of major sovereign defaults by Edward I of England and Philip IV of France. In 1275, Edward secured a financial monopoly and negotiated a grant of export duties on wool, woolfells, and hides that brought in an average of £10,000 a year. He then used this as collateral to borrow substantially from Italian bankers granting them the security of these customs revenues to fund his endless wars of aggression.

Edward imposed heavy taxes on the value of movable goods. At the beginning of this Wave 850, Edward defaulted on his loans from the English Jewish bankers, and then as 1290 began, to cover that default he expelled all of the Jews from England and confiscate all their property.

Moreover, this was the Edward Langshakes of the movie “Brave Heart” when in 1291 he attacked Scotland. As this 8.6-year Wave 850 peaked, Edward launched his very costly war against Philip IV (1295-1314) of France which lasted until the end of this 8.6-year wave came to an end in 1297.

The Riccardi of Lucca was perhaps one of the major international merchant banking houses to emerge during the 13th century. The Riccardi established branches in Rome, Bordeaux, Paris, Flanders, London, York, and Dublin, Ireland. They engaged in trade with Edward I of England. Prior to 1272, the English kings were customers of the Italian merchant who had exotic imports as they were purchasing luxury goods and would use them to transfer money to Rome. With the outbreak of war against Philip IV in 1294, a major credit crunch and inflation erupted which impacted the entire international money markets throughout Europe at the time. The value of gold rose against silver from 10:1 to virtually 15:1, which was a monumental distortion of the European monetary system as a consequence of these endless wars.

Cash-strapped, Edward sought financial support from the Riccardi establishment but they refused to lend him any funds. In response, Edward seized all of Riccardi’s assets in England, effectively bankrupting them. The Riccardi had derived significant benefits in dealing with the English monarchy. They held contracts with special access to the English wool market. The Riccardi banking establishment was involved in about 50% of all the forward contracts with English wool producers, which were in effect futures contracts in the cash market. When Edward confiscated all the assets of the Riccardi, his action backfired. Nobody else would then deal with England in international money markets. This led Edward I to impose heavy levels of domestic taxation, which led to civil unrest. This led to a constitutional crisis of 1297.

We all may know that Magna Carta established rights that were forced on King John on June 15th, 1215. After John’s death, the regency government of his young son, Henry III, reissued the document in 1216, but it removed some of its more radical content. This led to civil unrest and at the end of the war in 1217, it became part of the peace treaty when it acquired the name “Magna Carta.” Henry III was compelled to reissue the charter again in 1225 in exchange for a grant of new taxes. Edward I was his son who was then once more compelled to reaffirm the Magna Carta in 1297 at the end of the 8.6-year Wave 850. That is when Edward I was forced to confirm that the Magna Carta was England’s statute law. That is when it actually became England’s rule of law.

The Bonsignori bank was known as the Gran Tavola, which had become the most powerful of the Italian merchant banking firms throughout Europe between 1255 and 1298. The Gran Tavola was indeed the greatest bank of the 13th century with branches in Paris, Marseille, Genoa, Bologna, and Pisa in addition to the main office in Siena.

Philip IV of France was also strapped for funds. He chose the debasement of the coinage which was massive. Philip had no other course of action to meet the expenses of the war. He began as a massive debasement of the coinage. Silver began to migrate out of France.  This debasement only accelerated after 1298 when Philip IV confiscated all the assets Italian bank known as the Gran Tavola in France on claims that they owed him money, without netting anything with respect to his loans owed to them. This caused a major banking crisis in 1298 with the collapse of the institution which also held funds for the Papacy resulting in their loss of 80,000 gold florins. This was the first Banking Panic post-Dark Age. This confiscation of assets wiped out Siena and the city never again rose to the forefront of European commerce. By 1320, Siena was no longer a significant city in international commerce whatsoever which was a direct attack on the Papacy by Philip IV. This resulted in shifting the banking power to Florence.

A full-blown financial panic unfolded as silver migrated overseas. People hoarded the old currency and by 1301 there was virtually no silver remaining in the open market in France. Currency depreciation let Philip cover the cost of the war but it destroyed the credit of France and that ultimately led to France seizing the Papacy and strip-mining all its assets moving the Church to Avignon where a French Pope was installed. They then seized all the assets of the  Knights Templar and burned all resistance alive. The Knights Templar were effectively an international transfer agent. If you were in France and needed to pay someone in Italy, you gave the money to the local office in France and they instructed the brank in Italy to pay. It was a 13th-century version of a wire transfer service. That is why the French crown seized the Knights and strip-mined all their wealth as well.

Obviously, this banking crisis of 1298 was far beyond anything most people would have read about in a financial crisis. This is what I mean when I warn that those in power will do WHATEVER it takes to retain power, and religion never means anything at the end of the day.

Categories: Banking Crisis
Tags: 12901301Banking CrisisCrusadesdebasementEdward IMagna CartaPhilip IVsilversovereign defaultswave 850

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Is Your Money Safe in a Regional Bank?


Armstrong Economics Blog/Banking Crisis Re-Posted Apr 25, 2023 by Martin Armstrong

People often ask if their money is safe in a regional bank. Yes—if you keep it under $250,000 to guarantee the FDIC insures those funds. Some clueless minds brainwashed into fighting the class warfare thought, “Oh well!” for people who had more than them in the bank and did not care if the Silicon Valley Bank or Signature Bank failed.

My phone did not stop ringing and the bankers wanted to know if they should cover ALL the deposits. I actually lost my voice, screaming, “YES YOU MUST COVER ALL THE DEPOSITS! ALL OF THEM!!!” Aside from the fact that no one deserves to lose their hard-earned money, the primary issue here is that failing to cover the deposits would have completely wiped out small businesses.

Small businesses comprise 70% of GDP and must be protected at all costs. They must park large sums in the bank to cover payroll to pay their employees and operational costs. Small businesses would come to a standstill and banks would fall like dominoes. Unemployment would spike and the entire economy would plummet. We would see a massive banking crisis if all small businesses went under. More banks will go broke, it is only a matter of time, but it is crucial that deposits are covered