Tom Luongo: Independence Day

Yesterday in our Geopolitical Roundup we presented the idea that the Globalist West is losing, and losing faster than anyone thought possible. We’re seeing this in the fall of governments (UK, Italy, German teetering, Estonia, Bulgaria) and the speed bumps that other governments (France, Netherlands) are hitting. The common denominator appears to be the average, normal population rebelling—or at least pushing back hard—against the Davos appointed rulers. For “Davos” read: the Soros led New World Order (the Open Society) that aspires to world domination. In the US we see this in the manipulation of our elections politics—not just the elections but also the functioning of our institutions.

When Tom Luongo calls today, July 15th, Independence Day, he’s referring to his personal Great Awakening that occurred one year ago. That was when he realized, as he says, that Fed Chairman Powell—a Trump appointee—was determined to defeat Davos and the Globalist, Malthusian Left and their Davos acolytes here in the US. Powell has at least a few allies, in particular Jamie Dimon. I have maintained that another ally appears to be the Trump majority on the SCOTUS, which has pushed back against the Davos agenda by facing down the DC Establishment—Globalists all, that’s why they removed Trump—by seeking to reinvigorate the federal system of our constitutional republic. But the Fed is, perhaps, the key player in this global battle—along with the Russia led bloc that is forming around BRICS.

To anticipate what follows, here is Luongo today explaining this:

When you have a group of people that's as evil as what I call "Davos" and they power the European Union and the European Central Bank,and their goal is to destroy the commercial banking system of the world, destroy all vestiges of capitalism--which, you can't have capitalism without some form of commercial banking system, without some way to pool capital on the community level to do projects that are bigger than the individuals themselves. Otherwise you effectively have a barter economy. I can't save enough money to build a bridge across a river. ... Now, is the commercial banking system in the West terrible? Part of the government? Part of the regulatory capture? Are they evil, rapacious, rent-seeking jackasses? Absolutely! But do we want to sacrifice all of that and give it to a bunch of German eugenicsts? And roll all the wealth up to the central bank? Is that what we wanna do? Because that's the choice in front of us. I'm not saying the Fed's our buddy and I'm not saying Jamie Dimon is a good guy--he's terrible. But right now he's the guy with the amount of power standing behind Jerome Powell who said yesterday, We raise interest rates by 75 basis points, and is currently in the process of burning down the European Central Bank and the offshore dollar markets, which is where Davos gets all of its power.

I hope you can see within what Luongo is saying here the strategy that Davos thought would bring them total victory now—the Climate agenda, the Covid Regime, the war on Russia—and lead to their ultimate power play: Central Bank Digital Central Currency. That’s what leads us to owning nothing and being miserable, but it’s what the global elites will rejoice over. It’s why they went to such great lengths to remove Trump—the populist and nationalist—and replace him with a senile non-entity to front for their plans.

Right now, as we noted yesterday, mainstream financial analysts are freaking out, shouting that Powell can’t do this. Luongo says this is the moment that they’re waking up to the realization that the world they were living in isn’t the real world.

There are some other breaking developments that play into this as well. Zhou is off in the Mideast, trying to keep the Saudis in line with the West. Meanwhile, back home, Congress has passed a mammoth new “defense” (empire maintenance) bill that retains restrictions on the Saudis. This may end up being the move that drives the Saudis definitively into Russia’s camp, as the only way to ensure their safety vis a vis Iran.

Beyond that, however, Joe Manchin has reportedly told Chuck Schumer that he will not vote for the Green New Deal. That mammoth outlay of money was supposed to be part of the strategy that would break Western government finances, and lead to the New World Order and CBDC. It’s a very big deal in this battle, in which Powell’s goal is independence from Davos and financial reform of the US—including preservation of commercial banks.

Today, Luongo summarizes these points—it’s complicated, so read this through a couple of times:

The Fed (and the World) Have Declared Independence

As we aren’t allowed to watch the Dutch farmers revolt against the seizure of their land it condenses so many ideas into one stark non-image. The powers that be, The Davos Crowd, are losing but they will never admit it, nor will they stop trying to win… until they are either dead or run out of money.

This next paragraph is key—it’s how the Covid Regime and the Green New Deal (under various names in different countries) play into the scheme to destroy local government and subsume it all under Global Fascism, through breaking the finances:

2022 was supposed to be the year they sealed the deal, the year where they had everything in place to ‘run the table’ on us. They got Fungal Joe installed in the US, Mario Draghi in place to liquidate Italy, Jens Wiedemann out as head of the Bundesbanke in Germany with the Greens wielding all of the real political power and they’d maneuvered everyone into a War over Ukraine to bankrupt Russia and by extension isolate China.

This was the plan. It would be supported by supply chain disruptions that would cause inflation uncurable by Central Bank policy while simultaneously driving the world off the energy cliff making basic first-world amenities unaffordable to the lower and middle classes.

This is The World Davos Built. The only problem was that too many people simply said, “You know what? No.” Now it wouldn’t matter to Davos if you and I said this. We’re just ants to be stepped on. They have multiple layers of psy-ops and distractions ready to pit us against each other and marginalize dissent to the point of irrelevance.

Whether we like it or not we will be tracked by multiple databases through our online activity, pressured at our crappy jobs to conform or face financial and reputational ruin and told the most egregious lies about why it’s all necessary.

But when Davos’ plans threatened some of the most powerful people in the world, including those who they’ve previously allied themselves with, that’s when the wheels began coming off this train. It’s created an opportunity for one set of globalists to take out another set of globalists and basically make a mess of everything. True power that had been suppressed through excess credit creation (i.e. eurodollars) was now facing the moment where it could reverse the flow of capital.

First it was Russia in 2014 declaring independence by first opposing the Ukrainian Junta and taking Crimea then moving in to stop the looting of Syria in 2015.

Then it was the US Commercial Banks’ turn led by the Federal Reserve, beginning with the introduction of SOFR — Secured Overnight Funding Rate — in 2017 and the appointment of Jerome Powell as FOMC Chair by populist president Donald Trump.

Today we are watching the Fed run the global economy into an iceberg long thought that we could avoid. We can’t. We have to hit it and take our lumps. This is what will set the stage for a reversal of The World Davos Built, which is the legacy this generation must leave the next or humanity enters a multi-century dark age of technocratic control or worse, complete societal collapse.

So, look around you. Russia is winning in Ukraine. The Global South refused to be intimidated and stood by Putin. Sanctions are destroying the EU. The US dollar is still king (for now) and gutting Davos’ power base, the European Union and the European banking system.

The Fed is gleefully raising rates to destroy the Biden Administration and set the US on a more sustainable and humbler fiscal path, the one thing the world desperately wants to see. Draghi is out in Italy, Eastern Europe is falling while Viktor Orban rises in Hungary. The BRICS are expanding and NATO is fracturing.

Let’s make 2022 a year that Davos Lost.

And the SCOTUS is striving mightily to preserve the institutions that give us a shot at freedom.

So hopefully this provides big picture perspective.

Now, to step back to yesterday, Luongo had another terrific post that starts with an explanation of Italian politics—what has led to the fall of Davos’ Italian caretaker, Marion Draghi. He also gets into other areas of European politics. What I’ll do here, is excerpt the portions in the second half of the post that pertain most closely to the US:

Davos needed Draghi in charge in Italy to shepherd the country’s liquidation, which is where the gas storage crisis fits in. Davos moved quickly to put all of their people in place around Europe after installing Fungal Joe Biden as president in the US. Draghi being in charge in Italy meant that Davos was in charge of both sides of the Italian-American relationship.

And I’m sure they all expected they had everything they needed to ‘run the table’ geopolitically. Draghi would implement vaccine mandates, Green Passes and degrade further Italy’s competitiveness at every turn.

The euro would remain strong, Eurobond yields low, the ECB’s reputation untarnished and the Fed captive to the Democrats’ bonkers spending plans. That was the state of play when Draghi was installed in March 2021.

All that was needed was for the US to roll over and print/spend themselves into oblivion with the Democrats fully in power in the US. The Fed would be forced to monetize another 6+ trillion in debt the world didn’t want and the US would collapse, allowing capital to flow into Europe as opposed to fleeing it.

We all know how that turned out.

Joe Manchin and Kyrsten Sinema put a stop to that.

As I’ve been banging my shoe on the table about for the past year, the Fed, led by Jerome Powell, has been steadily undermining the Eurocrats’ agenda with tight dollar policy which started this massive bull run in the US dollar last June when he raised the payout rate on Reverse Repos to 0.05% above the Fed Funds Rate.

At the same time, Krysten Sinema (D-AZ) and Joe Manchin (D-WV) blocked the domestic agenda by refusing both the Infrastructure and Build Back Better bills in the Senate. Pelosi and Schumer were stymied at every turn and couldn’t get anything past those two.

As I said then, those two only stand tall because powerful people stood behind them. People even Davos couldn’t blackmail.

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Once that agenda collapsed and Powell’s second term as FOMC Chair secured, that set the stage for what’s happening now.

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You know I believe the Fed is working to re-establish US primacy over its own monetary and fiscal policy, which tracks with the way Powell has raised rates and caused heart attacks within the Eurodollar system.

Moreover, when you look at the failures of the Biden administration to get any traction globally to isolate Russia you see a Davos agenda that is failing completely.

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The EU is in serious trouble. With Draghi’s fall, there is no stopping a collapse of Italian debt prices as either Davos goes for broke and nationalizes Italy’s gold reserves or Meloni comes to power with the backing of the US banks and DoD and takes the country out of the euro, if not the EU itself.

The betrayal has been total. There’s no bringing Italian loyalty to the EU back after it’s reveal as yet another shitty German attempt to take over Europe.

BTW, back in 2016 I was maintaining that Trump’s aim was to break Germany.

As I’ve described in previous articles, with Russia on one side and the US Fed/Banking Interests on the other the stress on the Euro-zone and the European Central Bank has never been higher.

This is why I pay so much attention to Russia. Russia’s revolt against the West could be a vital ingredient for ensuring our own freedom. You don’t have to believe Putin is a nice guy, any more than Luongo believes Powell or Dimon are nice guys. That’s not the point. The point for now is: Who are the enemies of our worst enemies, and are their aims compatible with those of normal people?

The ECB has no answers and has as much admitted they don’t. All they can do is keep funding Italy until the US mid-terms where Davos hopes they can save the Democrats from a complete wipe out. That was also the plan.

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There is a real fight for primacy over the West’s power going on. Will it be led by Eurocrat commies or Anglo corporate fascists. There are no ‘good guys’ here. They are all terrible.

This takedown of Draghi, the ultimate Davos insider, is one of the most important turning points in 2022. It signals to me that they have now lost control over the single most important country in Europe. It is the fulcrum on which the future of humanity may ultimately rest.

Given how close we are to Davos manipulating the US and the world into a global holy war for energy, as outlined by Former Secretary of State Mike Pompeo’s Three Lighthouses speech recently, I’d say I’m on the side that is working to avoid that.

That’s just great that Luongo brings Pompeo into this. Pompeo is no friend to conservatives.

Finally—an hour and a half of Luongo talking with (at?) Joanne Leon from Around The Empire.

I really highly recommend this video. Here’s a trenchant example from about the midway point:

It's very important to go through the mechanics of it. ... Then you can understand ... why did the Fed do that? If they can pull dollars out from overseas then what does that do to the offshore dollar markets? It suppresses them. In the past the offshore dollar markets have always had the ability, with an expanding global economy and a compliant Fed, to create far more dollars than the Fed can. We talk about how much money the Fed creates, but these guys create trillions of dollars in credit all the time. And when that credit starts to go bad, it winds up forcing the Fed to reverse its monetary policy. Because the offshore dollar markets blow up and the Fed under Bernanke and Yellen always acted as the central bank to the world--willing to bail those people out. If you can break that system, ... divorce it from American credit markets, ... now the Fed has the means by which to raise interest rates here to do what needs to be done here and allow everyone else to hang, but it doesn't translate back over here. I've got news for you--our banking system is showing no stress whatsoever. The Fed's own commercial bank stress indicator is the lowest it's ever been, while the Fed is jacking up interest rates ... What's happening in Europe? They're literally running around with their hair on fire. ... I've been cackling so hard watching Christine Lagarde for the last week--it's like Trump won the election again. ... These people are in trouble. This is how you break Davos. You break Davos because all of this is in service of blowing this massive credit bubble and massively inflating all these asset prices, and they take a small percentage of the interest that they generate off this massive pile of fake money and buy real militaries with it, real governments with it, real policemen, they implement real policy to destroy your real life. That is what is at stake here.

Listen to it. Luongo explains just how evil these people are.