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Exactly Where and How Did Trump Incite the Mob?

Written on . Posted in PT World Order.

Less than a week has passed since the Capitol riot, and the Democratic Party, the establishment media, and Big Tech now present it as axiomatic that President Donald Trump incited the mob for the purpose of preventing the electoral vote certification and, presumably, grabbing dictatorial powers.

Republican Senators Pat Toomey and Lisa Murkowski have joined the calls for Trump either to resign or face a second impeachment, and even Ted Cruz has said that Trump’s rhetoric “certainly contributed to the violence that occurred.” But before the lynch mob gets the noose ready and hangs the president from the nearest tree, it would be useful to step back and make sure that he really did what everyone seems to be sure he was guilty of doing: incite the crowd at the Capitol to violence for the purpose of staging a coup.

Ex-Bridgewater Analyst: Bitcoin Is A Giant Bubble… But The Global Fiat System Is A Bigger Bubble

Written on . Posted in PT Global Economy.

In December 2017 I wrote a paper titled “What causes asset bubbles” featuring the chart below. A few days later, Bitcoin prices peaked and fell 85% within a year. It seems Bitcoin is back. I believe we are in the midst of another bubble, but this time I am not confident in calling its top. My updated chart and thoughts are below1.

First, let’s not kid ourselves. Bitcoin in its current form is not a viable candidate as a currency replacement. If we measured the US annual inflation in Bitcoin instead of dollars, you’d have seen 275% inflation in 2018, -50% deflation in 2019, -75% deflation in 2020. A healthy society cannot function with that kind of price volatility. The currency must be stable enough that if you get paid on Friday you know what kind of dinner you can buy on Sunday. While it may mature in the future, Bitcoin as it exists is largely a speculative asset. Read More

Iran is About to Get the Bomb

Written on . Posted in PT Middle East.

Iran has announced that it is now enriching uranium to 20%. Joe Biden is about to be sworn in as President of the United States. If those two things don’t terrify you, I don’t know what will.

Natural uranium is useless in the construction of an atomic bomb. In order for the uranium to be useable the concentration of the Uranium-235 isotope, a tiny fraction of what is found in uranium ore, must be dramatically increased. The precise level of enrichment necessary is a state secret, but most open sources use figures somewhere between 80 and 90 percent.

A number of techniques can be used to carry out this enrichment. All follow the same trajectory, however. Most of the time it takes to reach the desired enrichment level and create what is known as highly enriched uranium (HEU) is invested upfront. Just getting to 3.5% enrichment eats up 75% of your time. By the time 20% enrichment is reached, you are 90% of the way through the entire process.

In short, once the Iranians have uranium in hand, which has been enriched to the 20% level, they are virtually done. Read More

Did Pelosi Just Reveal the Motive Behind Her Desperate Last-Minute Attacks on Donald Trump?

Written on . Posted in PT World Order.

House Speaker Nancy Pelosi (D-Calif.) has urged Vice President Mike Pence to use the 25th Amendment to remove President Donald Trump. She threatened to impeach Trump if he did not. Pelosi gave members of Congress a roadmap on two such measures on Sunday.

Conservative social media platform Parler suspended by Google for ‘inciting violence’, Apple gives it 24 hours to moderate

Written on . Posted in PT World Order.

  • Google on Friday suspended Parler its app store citing posts inciting violence
  • Apple also issued the social networking app with a 24-hour warning to clean up its act in moderating posts before also being removed from its app store
  • The app saw a major spike in traffic after the threats from the two tech giants left people rushing to download Parler before it is suspended
  • Twitter also permanently banned President Trump’s Twitter account on Friday night which may have added further to the rush
  • Parler’s Chief Policy Officer Amy Peikoff claimed it is being targeted as a conservative platform that refuses to fact check its users
  • She said that its users did not want to ‘live in the world of Orwell’s 1984’
  • Yet she admitted that the company would be hit hard by any suspension 

Read More

President Biden May Consider “Climate Clubs,” Carbon Taxes, and Cap and Trade

Written on . Posted in PT Global Economy.

With Donald Trump conceding and both Georgia Senate races going to Democrats, it’s time to start thinking about the damage a Joe Biden presidency might do to our economy. Without any restraint from Republicans in Congress, it’s likely some old Obama-era ideas such as carbon taxes and cap and trade may soon be resurrected.

In the Sydney Morning Herald yesterday, Andreas Kluth brought forth the idea of a partnership between the United States and the European Union, essentially forming a new transatlantic “climate club.”

“The geopolitical promise of this idea is to resurrect the notion of the ‘West’ at a time when the U.S. and Europe are drifting apart but still hoping to rejuvenate their alliance after Joe Biden becomes president.

The even bigger goal is to win the struggle against global warming, which both Biden and the E.U. cite as their priority,” Kluth writes. Read More

Oil Bulls Are Back

Written on . Posted in PT Global Economy.

The surprise cuts by Saudi Arabia following the OPEC+ meeting have provided oil bulls with a major boost, sending Brent above $55.

Friday, January 8th, 2021

Brent topped $55 per barrel at the end of the week, as the pledge from Saudi Arabia to cut deeper has built a solid rally. Other forces are at play as well, including monetary stimulus, the prospects of deeper fiscal stimulus in the U.S., and vaccine optimism. “The past 10 weeks of trading have seen only one weekly decline, which was comparatively small,” said Carsten Fritsch, an analyst at Commerzbank AG. “This is testimony to the strength of the oil market in the last 2 1/2 months.”

Cold winter rallies coal and gas. Thermal coal prices in China are shooting up, and JKM prices for LNG are skyrocketing. Spot prices for liquefied natural gas (LNG) delivery in Asia jumped to a six-year high. A cold winter across the northern hemisphere is contributing to price gains. Javier Blas of Bloomberg notes that at least one LNG spot cargo was sold for $33-$36/MMBtu, which would be a historically high price. Read More

Leader of Far-Left ‘Insurgence USA’ Group Encouraged Rioters to Enter the Capitol

Written on . Posted in PT World Order.

Thursday we posted some details about some of the people who entered the Capitol during the riot on Wednesday. One of those individuals is John Sullivan.

insurgence

According to the video Sullivan captured of the events, he encouraged protesters to enter the Capitol.

Sullivan said he also intended to “support the Black community” with his attendance, but also feels it was “important to understand” those who were protesting in support of President Donald Trump.

But some of the 40-minute video he posted to his social media sites contradicts his assertion that he and another woman were “only filming” the actions and not participating as he can be heard in the video encouraging people to join them as they push their way through police barricades.

Just after people broke into the building, Sullivan — wearing a gas mask and wielding an iPhone on a stabilizing stick — and a woman who said Wednesday that she was making a documentary on Sullivan, are on the first porch area outside the entrance looking back over the throngs of people around the Capitol.

They can be heard encouraging people to climb the wall, saying, “Come on. Let’s go!” Read More

Biden says he will announce economic package Thursday worth ‘trillions’

Written on . Posted in PT Global Economy.

The money is coming

Money Printing Press Making Hundred Stock Footage Video (100% Royalty-free) 5555234 | Shutterstock

Circle your calendars because Biden will announce a package worth ‘trillions’ next week to boost the economy.
He will propose an entire stimulus package and will speak with Pelosi and other Democrat leaders today. He said the price tag of the package will be ‘high’ and in the ‘trillions’. Read More …

PA lauds Fatah’s terror history, glorifies mass murderers

Written on . Posted in PT Middle East.

As part of the celebrations of Abbas’ Fatah Movement’s 56th anniversary, official PA TV broadcast a short video lauding and emphasizing Fatah’s terror history. While Abbas is heard speaking about Fatah’s “achievements,” the filler shows pictures of terrorists and mass murderers who participated or planned the most lethal terror attacks against Israel: Arch-terrorist Abu Jihad who planned the murder of at least 125; Dalal Mughrabi who led the murder of 37 civilians, among them 12 children; and Salah Khalaf who headed the Black September terror organization that carried out the massacre of the 11 Israeli athletes at the Munich Olympics in 1972”:

See more on Palwatch.org  here