May 15, 2023 - The Truth Central - Dr. Jerome Corsi
38:13
Will Biden Administration Foreign Policy Lead Us Into WWIII?
President Joe Boden's long-standing foreign policy, which includes support for Iran's nuclear program and continued flow of money toward a proxy war against Russia could possibly lead us toward a World War III scenario. Dr Jerome Corsi explains why, what could push us farther and what needs to eb done to avert such a conflict. Inside our own borders, consumer credit card debt has gone up sharply during the current high-inflation climate while wages have not been catching up.Thank you for watching/listening to The Truth CentralFollow Dr. Jerome Corsi on Twitter: @corsijerome1Our website: https://www.thetruthcentral.comOur Sponsors:1MyVitalC: https://www.thetruthcentral.com/myvitalc-ess60-in-organic-olive-oil/Swiss America: https://www.swissamerica.com/offer/CorsiRMP.phpThe MacMillan Agency: https://www.thetruthcentral.com/the-macmillan-agency/Pro Rapid Review: https://prorrt.com/thetruthcentralmembers/RITA: https://members.sayrita.com/truthcentralreaders/Become a supporter of this podcast: https://www.spreaker.com/podcast/the-truth-central-with-dr-jerome-corsi--5810661/support.
This is Jerome Corsi and this is TheTruthCentral.com.
TheTruthCentral.com.
Today is Monday.
This is Jerome Corse and this is TheTruthCentral.com.
TheTruthCentral.com.
Today is Monday, it's May 15th, 2023.
Let's get right into the stories we're covering today.
There's quite a few we want to touch on.
First one I want to discuss is a study that's come out basically showing that the U.S.
consumer, there's good indications right now that finally after struggling, the U.S.
consumer has really done pretty well through the pandemic and coming back through the post-pandemic period.
But now that we're going into much more of an economic downturn, Some of the signs are showing that the U.S.
consumer is not going to be strong enough to keep the economy from going into recession.
The key data is a near record surge in credit card debt.
And that's the key is that when you see basically people are going into credit card debt is exploding at the second fastest pace on record.
And the credit card rates are hitting an all time high.
So, growth in the U.S.
credit card debt basically rose by $5 billion.
So, essentially, we're looking at the second largest increase since April 2021.
Basically, we have to go back to the pandemic times to see this.
Again, we had a recovery from the pandemic.
The economy was getting going again.
Now the government money has stopped.
And so therefore, what we're seeing is the consumer is going to credit cards in order to sustain a standard of living.
One month ago, while basically when we looked at the Bank of America credit card spending data to predict the first post-bank retail sales crisis, we're seeing that the impact was mostly in the low end of the middle class.
But not anymore.
The most recent credit card and debit data reported by the Bank of America Institute shows that even in a higher income job market, the slowdown is starting to impact spending.
So higher income group cohort is finally beginning to crack as well.
So essentially what it means is that we're seeing layoffs across the economy, including in the higher income jobs.
And this is a forecast of basically much lower economic activity, because when you have the unemployment insurance rising, you've got credit card debt increasing, including among the higher income earners, you're basically seeing that the consumers, which is the driving engine of the U.S.
economy, Are backing off in terms of their ability to spend.
Number of unemployment benefit recipients among higher income households increased over 40% in April from the fairly low levels a year ago.
This was the fastest increase among all cohorts and five times more than the percentage year to year increase for lower income recipients.
So corporations are shedding higher paying executives And you're going to see this becoming a phenomenon.
If the retail consumer backs off and credit card debt accelerates, it's a very bad sign for the future economic growth of the country.
And we've been predicting here at The Truth Central that we're going to go into a very, very serious recession later this year.
I think it's already started.
Secondly, I want to cover A story that really disturbed me over the weekend.
I was watching the Zelensky meeting in Germany, Zelensky from the head of the Ukraine, and they reached a new arms package deal.
Germany unveiled a 2.7 billion euro arms package for Ukraine as Zelensky's touring Europe.
The winner in the Ukraine war is the arms manufacturers.
Again, There's billions of dollars being thrown at Ukraine and without the Ukrainians having weapons from NATO and from the United States, we will be seeing Russia win this war in a matter of weeks.
The head of NATO, one of the military heads, has acknowledged over the weekend, again I'll be writing about this on the Gateway Pundit, where I'm publishing articles, I'll be submitting an article today, has admitted that NATO has really been at war with Russia since 2014.
When basically there was a decision made by Hillary Clinton to do regime change and get rid of Yanukovych, who was the Russian-aligned head of Poland at that time.
Since 2014, now for virtually a decade, we've been messing around with Ukraine.
And finally, Russia began to just get tired of it and moved in, first took Crimea, then supported the separatists in the eastern part of Ukraine, in the Donbass region, who were fighting the Ukrainian army.
Finally, Russia just invaded.
But this arms deal is again giving a lot more weaponry And high powered weaponry to Ukraine to perpetuate the fight.
Now, the part that bothered me perhaps the most about all this is that Zelensky is starting to talk about he wants to hit targets in Russia.
He said that basically he's going to begin hitting parts that they've already hit.
Ukraine's already been hitting Russian oil facilities.
We covered that last week.
And that's another expansion of the war.
Zelensky confirmed that basically he's thinking about bombing a pipeline that transfers oil to Hungary, who's a NATO member, and also using long-range missiles to hit targets inside Russia.
Now, if Zelensky does that, this war is going to escalate.
And Russia is not going to stand by and lose.
Russia is going to take this extremely seriously.
And I think Russia will respond with an escalation of the war on their own.
Russia's already doing extremely well.
Russia's controlling now the Black Sea and thinking about cutting off Ukraine's ability to ship corn and wheat through the Black Sea into the Mediterranean, into the Atlantic Ocean.
This will again disrupt the food supply lines as Ukraine has been sending that grain and corn up through Poland.
And undercutting the Polish market for grain.
So again, this is major disruptions going on.
We really have a war going on in Europe, and it's not been fully acknowledged by the American people that this could be the beginning of a World War III.
And I see it getting more and more dangerous every time I view one of these articles.
Chris, would you like to comment on this?
Let's add to this that you mentioned that Zelensky wants to start hitting targets in Russia while he's trying to play defense in his own country.
Essentially what he's asking for is for the US and the EU to jump into the war and not only help them with money, but find a way to help them with money and arms to counter-attack, if you will, while playing defense.
We all know how Russia is going to respond to this, and they're going to try to do something not only physically against Ukraine to pretty much run them over afterwards, but to destroy the West in other ways, whether it be economically or perhaps, again, this man has a legacy he wants to purport on the rest of the world after he passes on.
Ego does play a part in this.
He will retaliate in one way or another, and it could be dangerous.
Putin is very dangerous, and he is again wanting to re-establish Russia as its imperial power in Europe, and he's doing it.
By the way, we do now have gear.
This is one of the first mugs.
I really like the logo, and you can see the The Truth Central logo.
So, Chris, at the top of the, if they go to the homepage in the top black bar and click down the store, you can now see Shop.
It says Shop, and if you click down, you can buy the Truth Central logo and hats, mugs, gear.
I think you'll enjoy it, and we would certainly appreciate it.
I'd love to see this logo become a known logo throughout the country.
I think the best logo I've ever had.
It has the eagle and the flag.
It's a great logo and I'm very pleased to be doing the Truth Central every weekday.
Let's go back to the news.
There's a couple other stories on International that have drawn my attention.
I have written, as many of you may know, I've written three books on Iran, the dangers of Iran.
I'll get to that in a minute.
First of all, I want to cover them in the order in which I posted them.
First, Robert Kennedy.
I've been watching Robert Kennedy very closely, and for those of you who have been watching The Gateway Pundit, you'll see I also am writing a new book on JFK.
I have had the book out, Who Really Killed JFK?
It was very well received, and Robert Kennedy's been talking about the CIA killing his uncle, John F. Kennedy, and his father, Robert Kennedy Sr.
And he's right.
My book says the same.
I'm doing a new book with David Mantic on the x-rays, and we're going to be able to prove definitively, scientifically, that Jack Kennedy was hit from both the front and the back, and the x-rays are forged.
This is going to be, I think, a blockbuster book.
But what Kennedy is saying over the weekend, and I think he's right, Is that he will beat Joe Biden in the primaries.
That is if Joe Biden never gets to the primaries.
I think Kennedy's going to be a surprising Democratic candidate.
He carries the Kennedy name.
He's got the Kennedy look.
There's still a lot of people of my generations who remember the Kennedys.
I was 17 years old when John Kennedy was assassinated.
He was 10 years old.
I'm about seven years older than Robert Kennedy Jr.
And he's saying in an interview, yes, he can win.
And I think he can.
His remarks are disruptive.
He's questioning the pandemic.
He's questioning Fauci.
He's raising issues about the Democratic Party being on the wrong track.
It's become the party of war, of censorship, of fear.
He said, in the 1970s, the middle class earned 62% of salaries.
Today, it's 42%.
And the super-rich have gone from 29% to 50%.
The middle class is being decimated and these policies that the now neo-Marxist who have overtaken the Democratic Party are very, very destructive.
I think that the party is going to hate that Kennedy is running.
Because those that control the Democratic Party are the Obama Neo-Marxists, and they are wanting to destroy America, which they're doing a good job of destroying America with open borders, with all the various things I've been writing about.
And so I'm watching Robert Kennedy Jr.' 's race very closely, and I don't agree with him at all things, although he's even on the climate kind of coming around and understanding the climate is another scam.
Even the climate scientists don't believe the carbon dioxide is going to heat the earth dangerously.
But the most recent interviews I've heard Robert Kennedy Jr.
giving about the CIA, he's got down Oswald's involvement with the CIA.
He's got down the involvement of his father understanding that the CIA was out of control after the Bay of Pigs and was in fact playing games.
That Jack Kennedy was not in charge of his president.
Kennedy wanted to break up the CIA.
He should have done it before it decided to kill him.
So again, I think this is something that's going to be a new subject on the agenda, and I think the Democrats are going to be blindsided by the fact that another Kennedy is rising in their ranks, and I think will do extremely well.
Economy is, I'm saying again, economy is the central issue.
And so for The Truth Central, I'm following the economy very, very closely.
And then the international situation, which continues to be very, very disturbing.
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The dollar is going to be, there's de-dollarization going on with the BRIC nations.
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Now let's go back to covering a couple of issues here with Iran.
It looks to me like the Biden administration, there's an article by a very respected, an analyst in the, this is on the, This is on the Gate Stone Institute, g-a-t-e-s-t-o-n-e-institute.com.
I recommend you subscribe for their articles, they're publishing almost every day.
This is by Mahid, and it's Rafi Zadeh.
He's an Iranian, I believe, and he, let's see, click it and I'll tell you in a second, he's written an extensive number of articles in Iran.
I recognize his name and follow him.
He's saying essentially that what's happening is that The United States, by administration, is basically giving a green light to Iran to develop nuclear weapons.
It says it's unacceptable that a U.S.
government program which makes the United States and its allies safer, provides funds to remediate the victims of terrorism, and generates income for the United States in a cost-effective manner has been allowed to languish.
We're not enforcing our sanctions to the full extent of the law.
We're allowing Iran to expand its oil sales.
The Revolutionary Guard continues to target U.S.
citizens and service members, and also to export terrorism to the Middle East.
We see now increasingly Israel is getting attacked by over a thousand missile attacks, largely from Gaza, Hamas, which is a group that is supported and funded by Iran.
Hezbollah and Lebanon and the Biden administration is not doing anything essentially.
The Biden administration is taking the same anti-Israel attitude that the Obama administration had and John Kerry is still in the middle of this.
John Kerry's always been in favor of giving Iran nuclear weapons.
I opposed him on this in 2004.
And I wrote my first book on Iran, Atomic Iran, in 2005, 2006, and I was predicting that Iran would have nuclear weapons and Iran would use those weapons to attack Israel.
I've written three books on this.
Well, Iran is right now exporting more than 1.5 million barrels of oil per day.
That's about 80% of the oil they used to export before the sanctions.
They're shipping a considerable amount of oil to Venezuela without either country facing repercussions from the Biden administration.
The Biden administration has appeasement policies towards Iran.
It's contributing to the regime's increased revenue, the major beneficiaries of the Revolutionary Guard, terrorist and militia groups, and of course, the Iranian regime's nuclear weapons program.
The sanctions under the Mullah, this author is saying, have become superficial and largely cosmetic.
The Biden administration appears to be turning a blind eye when Iran violates the sanctions, thereby allowing the regime to vastly increase its resources.
Iran is stronger today than it has been since 2004.
Iran is working strongly with Russia, supplying drones in the war in Ukraine.
Iran and China are working together.
You basically got the BRIC nations, which is Brazil, Russia, India, China, and South Africa.
And I believe Iran will soon join the BRIC nations, and they'll gladly accept them.
This is a major, major disruptive force.
And I've been predicting since 2004 that we will have a nuclear war and that Iran will start it.
Once Iran has nuclear weapons, they will find a way to attack Israel.
I've said from the beginning, terrorists do not stockpile weapons.
When they get weapons, they use them.
And I believe that Iran is, as it used to be considered under the Bush administration, certainly going back to Reagan, it was understood that Iran is probably the major source of terrorism in the world.
We're not restraining it at all.
This next story about Iraq and Iran are getting together to expand energy ties.
Last week, Iraq and Iran signed an agreement, last Wednesday, to expand energy ties.
As a result of the harsh sanctions, billions in Iraqi funds owed to Tehran have been frozen.
And due to the sanctions on Iran, Iraq is only allowed to receive Iranian energy imports and pay for them via waivers that extend up to 120 days.
They'll find a way around all this.
And once Iran and Iraq are working together, Iraq has a strong Shiite contingent.
Iran is Shiite.
The Shiites are opposed to the Sunnis.
They've been arguing for centuries about who is the rightful ruler of Islam.
Iran maintains it has to be the family of the Prophet Muhammad.
And they believe in this Mahdi, the last of the family of hundreds of years ago, or went down well, will come out of that well when the apocalypse is about to happen, call him the Mahdi, and that is a strong Shiite belief, which is very apocalyptic.
The Sunnis believe, like the Ottoman Empire, that the The control of Islam should be secular.
Well, they've been fighting about this for centuries, and well, Iran hates the United States, wants to first get rid of Israel.
If Iran ever succeeded in getting rid of Israel, they would next turn on Saudi Arabia, because Saudi Arabia is the leading Sunni state in the region.
So, you've got essentially a Basically, you've got a Shiite Prime Minister, Mohammed Shia.
I think he is Shiite, but at any rate, there's a strong, strong contingent in Iraq of Shiites, and they're strongly attached to Iran.
So, I see these as developments that are potentially extremely frightening, because if Iran has a clear green light to develop nuclear weapons. The Biden
administration is just saying don't use them until we're out of office. Use them in somebody else's
terms, but go ahead and develop them.
John Kerry negotiating and he did for Obama these fraudulent deals which really do not
restrain Iran from developing nuclear weapons. It's extremely concerning. Okay, let's cover this
last story I want to cover today which is the IPCC, the Intergovernmental Panel on Climate Change.
It's a UN-funded organization.
A recent study, and I read the study over the weekend, it shows that 42% of these climate scenarios, you know, the IPCC issues, if we don't eliminate, don't go back to Pre-industrial levels of carbon dioxide emissions.
The Earth's temperature gets more than 1.5 degrees over what it was in the Industrial Revolution when it began.
We're going to have climate disasters.
Well, what the study shows is that, and the UN actually does admit it in its sixth assessment report, so it's buried very deeply, but its dire predictions of climate disasters Are based on low likelihood scenarios.
In other words, scenarios even the IPCC says are unlikely to happen.
Okay, it's because the real science of climate, the scientists know that carbon dioxide is not the driving factor of the Earth's temperature.
It's really relatively unimportant in terms of global warming.
The sun is far more important.
Sun is our major source of light and energy, which the left seems to be unaware of.
They think maybe it's a shining tree ornament up there in the sky.
You know, at nighttime, it gets dark.
That's because, to the left, I want them to know that because the sun is not in the sky.
Earth rotates.
Well, okay, so at night, we would lose all the Thermal radiation that came into the planet, absorbed by the Earth in the daytime.
If we lost all of that at night, this would be a very cold place and probably uninhabitable.
But the greenhouse gases retain some of that thermal energy from escaping back into outer space.
Now, greenhouse gases are essential.
To us surviving on Earth, and carbon dioxide is a trace molecule in the atmosphere, almost unmeasurable, and 70% of all greenhouse gases are water vapor.
I've written a book, The Truth About Energy, Global Warming, and Climate Change, in which I show you how ridiculous this IPCC theory is.
The Earth is 4.6 billion years old, that's according to geological time, and for 80% of that time the Earth was uninhabitable on the surface.
There's no life.
Pre-Cambrian period, because the Earth was too hot, it was too molten.
There's a lot of carbon dioxide in the atmosphere.
As the Earth began to cool, we began to have life on the Earth.
And hydrocarbon fuels are not dinosaur soup.
Hydrocarbon fuels have been on the earth since the very beginning because hydrocarbon fuels are basically the combination of hydrogen and carbon under intense pressure and heat and it's in the presence of a catalyst like iron oxide.
The formulas are there.
I show you the formulas.
They were developed in the Weimar chemistry, Weimar Republic in Germany prior
to World War II and Germany produced synthetic oil using these chemical formulas. I
show you the formulas in the book.
I'll probably take all the writings I've done over the years on abiotic oil and make them a
single book this year, but the point is we had little ice ages when the sun was dormant.
One occurred during the Napoleonic era, when Napoleon's troops froze coming out of Moscow.
George Washington crossing the Delaware, you see these big ice flows.
Well, the Delaware doesn't freeze like that anymore.
The sun was in a dormant period of time.
Our orbit around the sun is elliptical.
We get to the far most elliptical point about every 100,000 years we have an ice age.
It doesn't matter how much carbon dioxide there is in the Earth's atmosphere.
This is simply a neo-Marxist plan to scare everybody.
And I'm seeing increasingly articles coming out where people are acknowledging That the carbon dioxide is not that important in terms of, and all the things we're doing, this is really designed to destroy capitalism.
It's a neo-Marxist agenda.
They don't want us to have dishwashers, they want you to use electric vehicles, which are expensive, cost thousands of dollars if you're in an accident to repair them, batteries corrode and catch fire, batteries Use rare earth minerals which have to be dug up with hydrocarbon fuels.
The electricity has to be provided by hydrocarbon fuels.
This thing is completely A hoax.
And the climate scientists know it, because as I show in this book, they were exposed to the climate gate, which shows this hockey stick theory that the earth had a perfect temperature until the industrial age, when we began using hydrocarbon fuels, then we accelerated the heat exponentially.
It's really ridiculous.
And they knew it.
They fudged the data and these emails show them discussing how they're going to fudge the data.
Michael Mann and the others who were aligned with the IPCC when they came up with this hockey puck theory.
It's been a good deal of the book showing you the flawed methodological mistakes that were made in creating the hockey stick that had to be done because it's not true.
A lot of this just isn't true.
But again, truth doesn't seem to matter in this age of disinformation, except to those of us who understand that the abandonment of truth for narratives is the first step into dictatorship.
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Chris, any comments before we wrap up for today?
I'll say that maybe they should change the hockey stick theory to the hockey puck theory.
As Don Rickles would say, a bunch of hockey pucks came up with the idea.
Having said that, if you note that so-called scientists, celebrities, and commentators push themselves together to promote emotionally, use an emotional campaign to push an agenda, and the government's trying to do it at the same time, you know there's a red flag or two.
In fact, you might remember all those lovely predictions by Al Gore over the years that the world would end somewhere in the 2000s decade, or this gem that's being passed around the internet nowadays, the one where Greta Again, emotional use of a child as the spokesperson of your agenda.
She pulls this thing on Twitter.
She's like the David Hogg of Europe.
The David Hogg of the environment.
In 2018, she posts an article that says, in five years, if we stop using fossil fuels, if we don't stop using fossil fuels, the world's going to, well, basically end, or the end of humanity will happen.
This is how they're trying to scare people into compliance.
If you can't force them into compliance, scare them into compliance.
Well, the irony of this is that the People behind this global warming agenda are Malthusians.
They think there's too many people in the world.
They're using the Neo-Marxism and they're scaring, they're doing everything they can to indoctrinate our children in the schools.
This whole agenda, critical race theory agenda.
And the end of the planet, the depopulation, the killing of billions, is what these World Economic Forum oligarch globalists think that they can achieve.
The world would be a lot better if it weren't for so many people.
We'll get rid of the useless people and have it be the super-rich that John carries with their jets and their machines, living comfortably, exploiting for themselves the Earth's resources.
Forget about all the human beings in India and China.
They don't care about human beings.
They don't see God as important.
We're in a godless era.
It's an era of lying and disinformation.
And the children are getting frightened intentionally in the schools in order to believe this sexual agenda and to be hysterical over a climate agenda.
And in the meantime, they're telling us they're re-engineering society.
So, you know, you'll have 15-minute cities.
You can't go out.
You have to walk.
You have to use electric vehicles.
You can't use dishwashers.
We have to shut down coal plants.
I mean, these are all destructive ideas.
And they're going to, in fact, you know, the modern industrial society depends on the ability to have cheap energy, and it's plentiful, and it's available, and we won't want to run out of it anytime near soon if we use hydrocarbon fuels.
I think that's been the lesson of the past 20 years, and for the past 20 years I've been making these arguments.
And I think right now we're into a political correctness where attempting to even refute this argument, if you don't buy into the lie, you're a conspiracy theorist and they try to demean you, which they've been doing to me for 20 years.
Tried to put me in prison with Mueller.
Offered me, you know, the Russian collusion deal with Trump.
Always offered a plea deal.
They wanted me to plead guilty.
Or they were going to indict me and make me be in prison a lot longer.
I refused to take the plea deal.
I wasn't going to stand before a judge and lie to stay out of prison.
I wasn't going to swear to God something I knew to be untrue.
Well, they never indicted me.
And I think we're going to have to have more people standing up courageously and saying, you know, the emperor has no clothes.
This is nonsense.
So this is Dr. Jerome Corsi.
In the end, God always wins.
God will win here, too.
It may look dark, it may be a tough struggle, but the truth is central.
We're going to try to give you the truth about what's going on.
The debt ceiling, by the way, they'll play this Kabuki game, and then they'll just increase the debt ceiling, because the Republicans will cave in.
Republicans are uniparty, they're Democrat-lite, and they're making money just like the Democrats are making money.
Washington's all become about making money for the politicians and forget about the people.
Dr. Jerome Corsi, and then God always wins.
God will win here too, but we've got to bring God back into our lives and back into our country.
