Tucker: Adjusted For Inflation, We’ve Lost 13% Of Our Real GDP Over The Last 3 Years


Posted originally on Rumble By Bannons War Room on: July 05, 2024 at 08:00 pm EST

Hearts of Oak: Dr Shea Bradley-Farrell


Posted originally on Rumble By Bannons War Room on: July 04, 2024 at 03:00 pm EST

French President Macron Aligns with the Black Bloc Communists in Effort to Stop Surging Patriotism


Posted originally on the CTH on July 4, 2024 | Sundance 

It really is remarkable to watch the similarities between left-wing politics in the USA and left-wing politics in France.  Historically, and in actual practice, we see this similarity as history rhymes and repeats. In both instances, you will note how the “mainstream” Democrats align with the communists to stop the majority of commonsense patriots.

In the USA, Democrats enjoy the activity of their foot soldiers in Antifa (Occupy Wall Street, Black Lives Matter, or RevCom etc.)  In France, the Democrats (NPF), within Macron’s camp, enjoy the activity of Black Bloc (the EU Antifa socialists and communists).

For this second round of the election, President Emmanuel Macron and Prime Minister Gabriel Attal have organized 210 candidate exits, as Macron pulls his party toward the far-left.  The people, within the center of the Macron coalition, cannot believe how Macron would join with the communists, simply to retain his own power.  Apparently, they don’t follow history much.

FRANCE – […] “Macron reportedly refused to accept that the election result was a disaster and represents the end of his movement.

Criticizing his sudden decision to ally with far-left extremists, one minister said, “He is so drunk on himself that he is in a bubble. In every moment, he sincerely believes, even today, that he does the best thing that can possibly be done and says the best thing that can possibly be said.”

Another minister told reporters, “It was a completely surreal scene. It was as if he hasn’t understood that he’s lost, hasn’t understood that because of him his political movement is dead, hasn’t understand that now he inspires only rage in those who once supported him, hasn’t understood that his words now ring hollow, hasn’t understood that he has lost all his political capital.” (more)

The French political manipulators (like Samantha Power) are repeating all the familiar moves – like putting agent provocateurs on the streets, people dressed in Nazi uniforms – to give the appearance of the nationalists as a “right-wing” extremist group.   The Canadian political manipulators did the same thing during the Trucker rally, and the USA version of the same people created the optics for J6.  It’s all the same playbook.

All of the opposition research files on the Marine Le Pen supported nationalist candidates are being dropped in advance of the Sunday election, in an effort to stop the conservative French from achieving victory.  These are all direct plays from the revolutionary communist playbook.

FRANCE – The French interior minister, Gerald Darmanin, said some 30,000 police will be deployed across France late on Sunday following the second round of elections to ensure there is no trouble.

Late last night, the French prime minister, Gabriel Attal, said candidate Prisca Thevenot – the government spokesperson – and members of her campaign team were attacked by four individuals while putting up election posters. “Violence and intimidation have no place in our democracy,” he said.

Today, Thevenot thanked law enforcement and said “violence is never the answer.”

The French prosecutor’s office said it opened an investigation into an assault with a weapon against a public official.

A new poll from Ifop shows that 47% of voters believe the far right National Rally will win an absolute majority of seats in Sunday’s election.

The far right National Rally’s Marine Le Pen argued her party can still win an absolute majority. “I think there is still the capacity to have an absolute majority with the electorate turning out in a final effort to get what they want,” she said.

Raphaël Glucksmann, who led the French Socialist-Place Publique list in the European elections, has cautioned against a belief that “we have saved things” already and called for urgency to defeat the far right.

The Ecologists’ Marine Tondelier has criticised the far-right National Rally’s Jordan Bardella, arguing that his party is allowing some candidates who made racist, anti-Semitic and misogynistic comments to remain on the ballot (read more)

It’s all playing out exactly as we predicted – SEE HERE

If the communists (Democrats) lose to the nationalists (Republicans), they will burn France to the ground.

Watch closely, because when Donald Trump wins in November, the same thing will likely happen here! 

The War on Farming Continues – Denmark to Tax Cattle


Posted Jul 3, 2024 By Martin Armstrong 

Dairy Cow

The globalist cabal needs to control the food supply in order to control the masses. The World Economic Forum proposed ending gardening in general. Every nation is watching their farmland bought in bulk, with places like America seeing land taken away through eminent domain laws. The UK imposed a tax on chickens simply to prevent people from having the ability to source their own food. Now, Denmark is implementing a tax for cow ownership.

Denmark has imposed a 672 krone ($145) tax per cow owned by any individual in an attempt to combat climate change. People must pay the government for the luxury of owning livestock as they are threatening the climate. The government has paid for scientists to back these claims and falsified studies that state that gardening or owning livestock of any kind threatens the existence of planet Earth. Like COVID, we are blindly forced to trust “the science” when it is clear propaganda.

This is a massive issue for Denmark where 63% of the total land area is used for agricultural production. The dairy cow population is about 546,800, declining 1.74% from 2022 to 2023, and the nation hosts 2.5% of all dairy cows in the European Union. About 3.6% of all milk consumed in the EU comes from Denmark. Yet, Denmark is pushing full speed ahead to meet asinine climate targets. The nation plans to reduce 70% of all emissions by 2030, in alignment with Agenda 2030, before becoming climate neutral in 2050.

French_farmers_protests

Foreign Minister Lars Lokke Rasmussen praised Denmark for becoming the first nation to impose a carbon tax on agriculture. The plan, per usual, is to continue increasing this tax, as the levy will reach 1680 per cow by 2035. The billions in revenue will circulate back into the green agenda.

Farmers across the EU have been protesting against these climate initiatives for a long time. They’re being forced to change their feed and use less fertilizer. Everything they’re asked to abide by only makes their industry less competitive compared to foreign nations that are not and will never abide by the green agenda.

This will do nothing to change the climate or the weather. This will, however, prevent small farmers from operating and give few more control over the agriculture industry. Climate change is the premise to tax us into oblivion. No one is able to question the climate agenda, and there is no limit on how much carbon they claim they need to reduce to save the planet. Slowly but surely, every law imposed will curb our God-given ability to utilize the land to feed ourselves. Governments are absolutely tyrannical with power and are attempting to control the most basic of human needs.

Political Forecasts – Macron in Trouble


Posted originally on Jun 30, 2024 By Martin Armstrong 

Socrates IPad

Our computer’s political forecasts do not rely on polls. What is most interesting is that when you correlate the economy with politics, you get to see the major swings coming like never before. As I have said, our model has been showing that the 2024 election in the USA should be won by Trump. The Democrats will most likely draft Hillary to try to defeat this correlation whereby Biden would lose, and our computer interest had forecast back in 2020 that whoever won the 2020 election would not finish out the term. I had been concerned that if Trump won 2020, what was the computer forecasting – he would die in office or be assassinated? But the election was cleverly rigged in Congress itself with the help of the Deep State because Trump was anti-war. The previous anti-war president was Kennedy, and we all know what the CIA did back then.

The June 23, 1972, tape from the Watergate Affair was hailed as the incontrovertible evidence that Nixon had obstructed justice. The last vestige of support for Nixon on Capitol Hill evaporated. Two weeks later, on Aug. 8, 1974, Nixon resigned. Why did Congress and the Deep State abandon Nixon? Because while the tape dealt with obstruction of justice, it was a threat to the CIA that Nixon knew who killed JFK – the CIA. Nixon made ominous threats that reeked of unspoken crimes to the head of the CIA that had employed four of the seven burglars. For the next 50 years,  people have looked at this evidence, and historians have pondered the June 23 tape as a Rosetta Stone of the JFK assassination. Nixon basically threatened to expose the “hanky panky” and “the whole Bay of Pigs thing.” What story was going to “blow” if the CIA didn’t cooperate?

1972 Presidential Election Forecast

A long-overlooked White House tape provides the answers—the “hanky panky” referred to CIA assassination operations in the early 1960s. The “whole Bay of Pigs thing” was the Agency’s reaction to its most humiliating defeat. And the story that might blow was the connection between those events and the assassination of JFK. Nixon was taken down and had to be discredited to protect the “hanky panky” that took place behind the scenes. The Watergate burglars were ex-CIA. Many wonder if they took down Nixon for daring to threaten them. The 1972 election had 520 Electoral votes for Nixon vs. 17 for McGovern. Nixon came in at 60.7% of the popular vote compared to 37.5% for McGovern. Our political model had forecast 61% and 62% for Nixon on two models. But then, too, it suggested that Nixon would not finish out his term. Nevertheless, 4 out of six models point to a Nixon victory.

France_Marine_Le_Pen

Marine Le Pen’s National Rally was leading in the first round of parliamentary elections across France on Sunday. Based on early projections, her party is now one step closer to its goal of winning control of the National Assembly and taking the reins of government. Her National Rally and its allies appear to have won 34% of first-round votes, while the New Popular Front, a coalition of leftist parties, garnered 30% of ballots. President Emmanuel Macron’s warmongering party and its allies were heading for a third-place finish with 22% of the vote.

Macron’s presidential term ends in 2027. Macron placed a huge bet on this snap election. He wrongly expected to edge out leftist parties in the first round and force their voters to rally around his party for the runoff and thus defeat Le Pen’s National Rally. Macron does not understand politics. His strategy has backfired coming in third-place which means many of his candidates might miss runoff races altogether.

Le Pen and her allies, meanwhile, are within striking distance of a 289-seat majority in the National Assembly that would compel Macron to select a prime minister from her ranks. Le Pen has said she wants her protégé, 28-year-old Jordan Bardella, to run the government if National Rally captures a majority in the lower house of parliament.

France CPI Macron

The major political issue has been the rising cost of living. Macron fails to comprehend that his posturing to lead Europe and send troops to Ukraine will only drive inflation substantially higher in France. The cost of the sanctions against Russia has been devasting to inflation combined with the insane response to COVID with lockdowns. Leaders like Macron do not look at the costs of their chest beating in geopolitical posturing.

Turn the Economy & the Politics Always Changes

Nixon Won the 1972 Promising to End the War not create one

Early Projections Show French Nationalists Poised for Big Gains – Macron Will Likely Now Deploy “Operation Chaos” for Second Round


Posted originally on the CTH on June 30, 2024 | Sundance 

French President Emmanuel Macron has not outlasted every other EU leader without having a Pelosian cunning streak.  Macron knows exactly what he is doing, and undoubtedly USAID/CIA operative Samantha Power is there in the background helping him execute it.

In the first round of the SNAP election, opposition leader Marine Le Pen’s National Rally party has made huge strides in becoming the predominant force in French politics.   The National Rally gains around 34% of the seats, the left-wing Alliance party gets 28% of the seats, and Macron’s centrist party will suffer major loses with only 20% of the seats.

The top two candidates will now head to the second round, where Macron -who still has 3 years on his term- will deploy “operation chaos”.

Macron will instruct his centrist seats, who lost, to organize their votes for the far-left socialists, thereby blocking the National Rally party from gaining a working majority.  Just like the radical leftists in the USA (Democrats), Macron’s followers will do exactly what they are told to do.

[Remember the Alaska primary?]  This two-round approach was the insurance policy Macron had built into his call for the snap election.

The Nationalists will act flummoxed, stunned, jaw-agape, just like good little French Republicans.  The French people will wonder what happened just like American conservatives.  Wash – Rinse- Repeat.

PARIS — France on Sunday took a step closer to delivering what was once seen as an unthinkable nightmare: a far-right government taking power in Paris for the first time.

Marine Le Pen’s National Rally made big gains in the first round of a snap election that could upend political orthodoxy across Europe and beyond, with implications for markets and global security that will be hard to predict.

According to early estimates by pollsters Ipsos, the far-right National Rally is on course to win 34 percent of Sunday’s vote while French President Emmanuel Macron’s centrist alliance suffered staggering losses, coming third with 20.3 percent of vote. The left-wing alliance made a strong showing with 28.1 percent of the vote.

“The French people have shown that they want to draw a line under seven years of [Macron’s] disdainful rule,” said Le Pen, speaking at a party event in the Eastern French town of Hénin-Beaumont. “We haven’t won yet, the second round will be crucial … we need an absolute majority so that Jordan Bardella, in eight days, can be appointed prime minister by Emmanuel Macron,” she added.

According to early projections based on exit polls, Le Pen’s party is expected to get 230-280 seats in the 577-seat national assembly, the left wing alliance 125-165 seats and Macron’s coalition 70-100.

Seat projections however are conjectural at this stage and dependent on political decisions taken in the coming days ahead of the second round of voting on July 7. Macron himself is due to stay in power until the end of his mandate in 2027, regardless of the outcome of this assembly election. (read more)

The two-round election is similar to the “ranked choice” approach in Alaska.  Seat projections are estimates, because the voters for the losing centrist candidates now will have a choice between the far-left and far-right.  Macron will cut deals with the socialists and instruct his team to vote left.

The far-right will stomp their feet like Republicans in Congress.  The National Rally party will demand reform like Republicans in Congress, and in the end, they will generally support the collective globalist goals of the Macron regime.  Again, just like Republicans in Congress.

Watch.

There are billions at stake.

Macron isn’t stupid.

The British Elections – Can Farage Creat a new Party?


Posted Jun 30, 2024 By Martin Armstrong 

Economist endorses labour

Naturally, The British Economist Magazine endorses Labour as they always do. So, it’s nothing of a surprise there. The polls on BREXIT were all wrong in the UK, for the polling appears to be more of a tool to force people to vote for their anointed politician. Britain’s prime minister, Rishi Sunak, surprised many by calling a general election for July 4th. Usually, in London, they celebrate the 4th of July, American Independence, but in the pubs, they would say – good riddance with a laugh and a smile.

The biggest economic risk to Britain is taxing worldwide income that they hide under the label of “Non-dom” which describes a UK resident whose permanent home – or domicile – for tax purposes is outside the UK. They only pay UK tax on the money they earn in the UK. They do not have to pay tax to the UK government on money made elsewhere in the world (unless they pay that money into a UK bank account). Going after the Non-dom makes it sound great; make those quasi-foreigners pay. The problem is they are there because of that status. Tax them on worldwide income and they might as well move to the USA even. They bring wealth to Britain insofar as they spend money in the local economy and pay taxes on property. Our model is already projecting a recession for Britain into 2028, which would certainly add to that economic impact.

Labour is selling itself as the party of “wealth creation” claiming it will improve the living standards for working people. They also insist that they will encourage more investment, but this has been languishing since 2016 in the UK. There are no real hardcore programs to encourage business – just claims of good intentions. They are pitching spending £3.5bn of public “green” investments, including upgrading homes and investing in hydrogen, which is not as bad as the USA or the EU, but this is still a fictional risk.

UK Left Elections 2024

The polls show that his Conservative Party is in serious trouble, and the Labour opposition Labour Party entered the campaign with a commanding lead. People who are upset with the economy generally vote for the opposition, which has been pretty standard throughout history. The Guardian’s national poll tracker has Labour leading the Conservatives by just over 20 points. Vote shares are 41.3% Labour, 21.0% Conservatives, 15.5% for the far-right Reform, 11.1% Liberal Democrats and 5.8% Greens. Recent individual polls have Labour leading the Conservatives by 16 to 24 points. As you can see when we look at Labour and its historical performance, whereas they were at 35% and a 41% gain this time is by no mean a higher high over the era of Tony Blair.

UK Right Elections 2024

The Conservative Party is in deep trouble. Nevertheless, its performance has been strikingly better over the years compared to Labour. Still, looking at the arrays, we have a serious turning point in British politics in 2025 whereas in Labour the next turning point is 2026.

British Election 2024

Interestingly, while the computer does show that Labor should beat Conservative, there is projected resistance for Labor at 35.5%. Believe it or not, we may actually see the Conservative Party folding and being absorbed by Farage’s Reform Party. The last time such a takeover took place was after the 1987 election when the Liberal Party and Social Democratic Party (SDP) merged, forming an electoral alliance. As in this case, a Tory-Reform might unfold because it would be to their mutual advantage. Nigel Farage is anti-war, and this would help tremendously with saving Britain from this insane push for World War III. The problem with this possibility is that while Farage can lead the Reform Party, the Conservative membership would have to become subservient, lacking direction.

Economist_Trump

Political Party takeovers, mergers, and collapses are not rare. In the USA, Thomas Jefferson’s party, the Democratic-Republican Party, defeated the Federalists, who were never heard from again. However, eventually, Jefferson’s party split into what we now have: Democrats vs. Republicans. Even if we look at the Republicans today, essentially, they have undergone a hostile takeover by Donald Trump’s MAGA (Make America Great Again) Republicans. Today, Trump’s MAGA takeover of Republican politics is unchallengeable.

The same type of political crisis took place in Canada from 1993 to 2003. At the 1993 election, the Canadian Progressive Conservative Party was a complete disaster, much like the Federalists in Jefferson’s day. They were displaced by the new rise of the Canadian Reform Party, which took 52 seats. Yet, they were finally forced to merge with their adversary’s successor.

Of course, the British Press is attacking Farage because they see him as a threat. They call him far-right, yet he is against war. The British Press puts out the propaganda that Putin attacked Ukraine “unprovoked,” for they seem to want to wash their hands in the blood of their own people. Our computer shows that Farage and the Conservatives have a shot at merging to form a new government and a new party.

Round #1 of French Elections Today – White House Concerned Macron’s Call for Snap Election Will Backfire


Posted originally on the CTH on June 30, 2024 | Sundance 

French voters will go to the polls today for the first round of a national election. Voters will be choosing 577 members of the National Assembly, the lower house of parliament, in two rounds. The first round is today, the second round narrowed to the top vote receivers will be on July 7.

This snap election was called by President Emmanuel Macron after his ruling Renaissance party was crushed in the June 9th elections for the European Parliament. The opposition party in France, nationalists led mostly by Marine Le Pen, won resounding victories in the EU election.

President Macron took a gamble to immediately call for a French snap election; the intention was to prove the “far-right” did not have much support. However, that gamble might backfire as polls show the French National Assembly could very easily flip.

Politico reports the Biden White House is very concerned that Macron might lose his ability to protect the interests of American leftists. The Clinton-Obama-Clinton operation (Charles Rivkin project) has been manipulating French politics for a long time, and the multinational corporations who use France and Germany are a little concerned. USA interests in France, which could very well extend to USA interests in Ukraine, are at stake in this risky gamble by President Macron.

WASHINGTON – […] The Biden team has been consoling itself by pointing out that Macron still has three years left on his term and that the French president wields significant power over foreign policy, which could keep some stability in U.S.-French relations. But National Rally leader Marine Le Pen indicated this week that her party may seek budgetary and other means to tie Macron’s hands on the global front.

Either way, there’s no question Macron would be a diminished figure, even if the far right gets only enough seats to have a big opposition bloc. And his comments in recent days lumping together France’s far left with the far right could leave him even more isolated for the final three years of his term.

“It’s hard to see Macron’s party being able to build coalitions, pass laws and find compromises in a way that it has in the past two years,” said Léonie Allard, a visiting fellow at the Atlantic Council’s Europe Center.

The French election is not the Biden team’s top concern right now, especially given the fallout from his debate performance, not to mention the wars in Gaza and Ukraine. But the White House is still keenly awaiting the French results, said one of the administration officials. All were granted anonymity to be candid.

The impact of the French vote could be huge, if not necessarily immediately so, former U.S. officials and other observers said. (read more)

Macron is a strangle little man.

In order to get more support from Biden earlier, Macron dressed like the scruffy UPS driver from Ukraine.

Brat: Nobel Laureates Expose Their Political Bias In Statement On Economy


Posted originally on Rumble By Bannons War Room on: June 26, 2024 at 08:20 pm EST

Japan – China – US Debt


Posted Jun 26, 2024 By Martin Armstrong 

Japan remains the largest holder of the US as of May 2024, holding $1.186 trillion in Treasury securities and 14.7% of all foreign-owned US debt. China has been selling off its holdings in an urgent effort to distance itself from the US, but is currently the second-largest holder of US debt, carrying about $767.4 billion as of March 2024. I largely speak about China’s debt holdings because they were the top buyer of US debt before the political landscape changed.

Within a mere four years, China sold off 30% of its holdings or over $250 billion in US debt. This assisted the yuan in general as China was able to use the exchange rate to buy yuan when the currency depreciated. China seemed to be assisting Trump years ago in lowering the dollar to ease trade frictions. That is no longer the case here as the United States enacted economic warfare against Russia, pushing it off SWIFT, confiscating private assets, and implementing countless sanctions. The United States did all of this to Russia without officially being at war. Who is to say the same would not happen to China under the excuse of Taiwan?

Negative interest rates were a huge mistake for Japan. Unlike China, Japan aims to strengthen ties with the US. The nation drastically increased its holdings of US debt in 2023. US bonds seem safter than the low-yield returns provided domestically in Japan. Funds are moving out of Japan and into the US. They see US debt as relatively safe as they have a strong alliance with the US and the yield are simply higher.

The advice I used to provide to Japan to help reduce the trade friction was to buy gold in New York and sell it in London. The trade numbers could care less about the product actually being exported. It will reduce the trade deficit and make US exports appear to rise. It is just an accounting ploy. Likewise, the booming exports of China were being manipulated by Chinese companies borrowing dollars in Hong Kong and then bringing that money into China and collecting three times that cost in interest. Headlines are always made on the numbers without understanding the accounting.

I received the question of why I speak about China’s purchases and not Japan’s. Again, I speak primarily of China’s offloading of US debt because that is a larger issue. China has not slowed its pace of offloading US Treasuries and this becomes a problem as the debt crisis will come to a head when there is simply no one willing or able to buy US government debt. The Fed desperately needed China’s participation as its plan was to roll over its debts perpetually. They simply cannot pay off $34+ trillion and counting. Japan and the UK cannot compensate for the loss of Chinese purchases.