Joe Biden’s Son Joins Ukraine Gas Company
The money starts to line the pockets. Yes, the Democrats who hate the rich in public, line their pockets just like everyone else. The youngest son of U.S. Vice President Joe Biden, Hunter Biden, has taken a position as head of legal affairs at Ukraine’s largest private gas producer Burisma Holdings. They announced on their website that Hunter Biden would join its board of directors and head the company’s legal unit. This is how influence is bought in Washington. You hire their family members who then become your direct lobbyist.
Propaganda From All Sides
COMMENT: Mr. Armstrong; My family lives in Kiev and Donetsk. I know that this whole propaganda that they were Fascists in Kiev and this was orchestrated by the CIA originated with the Russians. My family in Donetsk were being told this was a CIA plot from the start and that the people from Maidan were fascists who would come and kill them in the night. My family was Maidan supporters both in Donetsk and Kiev and they were very much against the attempts of European and American intervention as well as Russian. This was all about being Ukrainian and preserving the language that Yanukovich was trying to eliminate making Russian the main language.
You are correct that the CIA is everywhere anyhow. That does not mean they are all-powerful. Those who spread that news have done Putin’s work either knowingly or have been ignorant of real politics. I would question anyone who spreads this propaganda and what are their real motives for doing so. This claim of a CIA plot has indeed worked to ensure that Ukraine would be left on its own without support. It is shocking how ignorant people are for CIA plots to overthrow governments never involved millions and are distinguished with military support that has been denied Ukraine.
You are correct in stating that the USA cared about the people in Iraq only because of the money. Ukraine has no economic advantage and thus the plots are to control government, not defend the people. If Russia rolled its tanks into Kiev, the CIA would not be there to defend anyone.
Thank you for telling the truth. You are also correct that we have to now send money to get our family out of Donetsk for their property has become unsalable. People should know the truth, not fair tales to scare children.
DE
REPLY: It is a shame when people really need help it is not there. The Russian propaganda was brilliant. They managed to ensure nobody will defend Ukraine and then they invaded with simply unmarked uniforms and took control of what real people knew they would do from the outset. I agree, those who spread this Russian propaganda without the slightest experience in what they are talking about are reckless with other people’s lives. Will they attribute this to a CIA plot if it were Britain? What if the USA is invaded? Do you not defend yourself because it may be a CIA plot? Interesting questions. What these conspiracy advocates do not even grasp is that the CIA is now subordinate in reality to the NSA. I understand. Those in Donetsk have nothing to even flee with. This is a sad state of affairs.
Inflation – One Size Does Not Fit All
QUESTION: Hello Mr. Armstrong,
I just watched your Greg Hunter interview and had a question that several other commenters had.
I just watched your Greg Hunter interview and had a question that several other commenters had.
How can you say we have no inflation, when simply a trip to the grocery store proves that wrong?
The average price of a home prepared meal has risen substantially since QE began.
How do you reconcile this?
BG.
BG.
ANSWER: We are experiencing asset inflation insofar as high-end real estate. But real estate is not in the CPI – they replaced that with renting. The average home is rising only in some areas and that is also caused by a long of foreign capital influx.
The food prices are rising due to straight up shortages and weather. This has nothing to do with QE for if it did, then you would see the metals rise as well.
Monetary inflation under the theory of an increase in money supply is indicative when EVERYTHING is rising in price from wages, housing, commodities, and assets. This was seen during the 1970s and is not yet present in the USA. That does not say we will not yet see that in the future.
The point is simply this. The dollar is being now used globally so the supply of dollars is really world-wide and not purely domestic as you would see in Canada or Mexico for example. You have to look at inflation very closely. There are three primary types not just one. I have explained this before. Do not confuse inflation with a single dimension. There is a lot more going on and the implications are greater than meets the eye.
Will Government Confiscate Assets
QUESTION: If the public is racing to buy assets (real estate, coins, etc) will the government not try and confiscate everything we have, for the good of us all, to “help with our debt”?
Thanks. SD
ANSWER: There is no real precedent for confiscating everything other than communism and the crazy antics of Maximinus, who they killed in rather short-order. Nevertheless, the movement of assets like gold that use to flow between nations may not be possible given the metal detectors and the laws that presume money laundering if you try to take more than $10,000 without telling the government.
The system is going to collapse. This is simply unsustainable. The only question remains TIMING. You have to understand that the confiscation of gold was to fund the New Deal by the government realizing the profits from its devaluation of the dollar.
The US share market is breakout out to new highs again. This is reflecting the shift in capital. The more analysts keep calling for a crash, the higher it seems to move. There remains the question if we will move back to new highs after November or invert into a cycle low for 2015.75. If that were to happen, then the entire bull market will be extended and we will see the total confusion of bond defaults. For now, the market remains poised for new highs into at least June as we explained at the conference.
North Korea Pounding its Chest Again
The Bangkok Post has reported that North Korea vowed “merciless” reprisals against South Korea after its military official suggested that the North should “vanish… as soon as possible.”