The infamous Pelosi Trip To Taiwan gave me a bad feeling. One the one hand, China interpreted the visit as nearly a declaration of war, but they didn’t state how the visit of a single not-diplomat could be so important. Pelosi is not State Department. Or statesman of ANY kind. The bitch has only two gears, insider trading and drunken rages, neither of which makes her attractive for high-stakes diplomacy.
Well, she wasn’t drunk. (Unlike her husband, who just pleaded not guilty to DUI and “something else in his system”.)
And on the other hand, Potato Joe Biden did not not refuse to prohibit the opposite action of denying her trip. That’s what gave me a bad feeling: neither side of this incident talked straight.
h ttps://www.foxnews.com/opinion/blame-bidens-waffling-pelosi-taiwan-trip-international-incident
Every year, members of Congress travel to Taiwan to meet with Taiwanese officials, educate themselves on this key national security issue, and strengthen diplomatic bi-lateral relations between our two countries.
Umm. Careful there, Senator.
In 2016, I [Senator Tom Cotton] personally visited Taiwan with Senate Armed Services Committee Chairman John McCain…
Burn in Hell, Songbird.
…and a large Congressional delegation. Our visit occurred without a major incident, even though I was travelling with one of the highest-ranking members of Congress and a former nominee for president.
Similarly, President Trump dispatched cabinet and sub-cabinet level officials to Taiwan. Contrary to claims made by Biden administration flacks, the United States does send senior officials to Taiwan.and does so often.
Whatever one thinks of Nancy Pelosi, she is entitled to travel to Taiwan.
I accept that she lawfully went there as a private citizen. That being said, when you reach a certain level of “I am a career agent and representative of the United States government” the State Department gets a veto on your international itinerary… in order to prevent EXACTLY this kind of incident.
What did the State Department have to say about her trip?
When asked in July about the Speaker’s planned trip, Biden responded, “the military thinks it’s not a good idea right now. But I don’t know what the status of it is.“
This was an unbelievably stupid and reckless thing to say. In two sentences the president admitted to internal divisions within the U.S. government, a reticence within the military, and personal ambivalence, if not ignorance. Making matter worse, the president has made no effort to correct his obvious error.
Not a Bidengaffe, then. This was not a topic that the Executive Branch could leave at ‘senior moment’ so its refusal to be comprehensible must have been intentional. As was the comment about military approval in place of State Dept. approval. That was a calculated threat that China matched by making their complaints via military channels.
If it was indeed just an innocent trip, then Pelosi proceeding with it when it obviously upset China is, at bare minimum, a demonstration of total incompetence at government service. You don’t take the vacation when a reasonable consequence could be freakin’ World War 3.
So… what’s this REALLY about?
Pelosis sold $5M in Nvidia stock ahead of vote on chipmaker subsidies
h ttps://nypost.com/2022/07/27/pelosis-sold-5m-in-nvidia-stock-ahead-of-chipmaker-subsidy-vote/
As a Capitol Hill vote looms this week on a controversial, $52 billion subsidy to chipmakers, House Speaker Nancy Pelosi’s husband quietly offloaded a chunk of shares in semiconductor giant Nvidia, according to public filings.
Paul Pelosi sold the $5 million trove of shares Tuesday at a loss of more than $300,000. It’s unclear whether the couple sold their entire stake or just a portion of it. They could still own as much as $6.5 million in Nvidia, according to congresstrading.com.
Meanwhile, the Pelosis still hold a stake in semiconductor company Micron worth as much as $500,000, filings show.
The Nvidia selloff is a dramatic reversal for the Pelosis. Paul began snapping up semiconductor stocks in June 2021 . the same month the first draft of the bill was introduced. He bought between $2.75 million and $11.5 million over the past year and has been actively trading these shares the entire time the bill has wended its way through Congress.
Just last month as the bill moved towards a vote, now slated for Thursday in the House, Pelosi bought between $1 million and $5 million more in Nvidia shares.
Textbook insider trading but like I said, it’s legal for Congress. But here’s the catch, Taiwan’s TSMC is the foundry that makes the physical chips for NVIDIA. And most other semiconductor “manufacturers”. Those tech stocks are worthless if TSMC goes down. As would happen if US-PRC goes hot.
But they would go up if TSMC escaped to USA, leaving China without any advanced chipmaking.
Under the STOCK Act, which was passed in 2012 and is the only legislation that reins in lawmakers. trades, most members of Congress are still free to make trades that could conflict with their legislative duties . as long as they disclose the information within 45 days.
You read that right. Insider trading is a crime except for Congress, who gave themselves a legal exemption. Which explains:
- why politicians spend millions of dollars to secure a job that barely pays D.C. rent,
- why same politicians love to be the whores of literally Satanist banksters openly conspiring to exterminate most of humanity,
- there are hedge funds whose gimmick is mirroring the investments of Congressmen,
- why normal Americans think politicians are lying treacherous thieves, and
- why I’m willing to talk about the Speaker of the House doing financial frauds. They aren’t crimes… until she loses reelection.
There are three bills that you need to know about, the CHIPS For America Act of 2021, the United States Innovation and Competition Act (USICA) of 2021 and the CHIPS And Science Act of 2022.
The first created the legal framework for development of a self-contained, public-private microchip foundry in the United States, from college training to new Cabinet officials. However, it did not contain any actual funding. By now, of course, whenever you hear about a public-private organization which is overseen by a single unelected bureaucrat, you should be thinking Deep State.
USA does need microchip foundries; it’s insane that the world has become this dependent upon Taiwan; but the foundry that will be created by CHIPS will be paid for with taxpayer money but operated for private profit.
The USICA allocated $50.2 billion funding.
CHIPS 2022 allocated an additional $52.7 billion, with the additional stipulation that nobody receiving the funds can expand their business with China, Russia or other country on the GAE naughty list. It was signed into law less than a week before Pelosi’s Taiwan trip, when she met with TSMC leaders.
US to Stop TSMC, Intel From Adding Advanced Chip Fabs in China
h ttps://finance.yahoo.com/news/us-stop-tsmc-intel-adding-005620200.html
By Debby Wu, Daniel Flatley and Jenny Leonard, 1 August 2022
(Bloomberg) — As the US Congress passed an historic $52 billion federal program to boost domestic chipmaking capabilities, it included one significant caveat: Companies that receive the funding have to promise not to increase their production of advanced chips in China.
It.s a condition that will certainly add to escalating tensions between Washington and Beijing. The curbs will hit companies like Intel Corp. and Taiwan Semiconductor Manufacturing Co., leading chipmakers that have tried to build their businesses in China. TSMC won’t be able to substantially upgrade or expand its existing facilities, effectively losing some growth opportunities in the world’s biggest semiconductor market.
Specifically, the Chips and Science Act bars companies that get federal funding from materially expanding production of chips more advanced than 28-nanometers in China — or a country of concern like Russia — for 10 years.
A large chunk of the federal grant is expected to go to Intel, TSMC and South Korea’s Samsung Electronics Co., all of which are now building new chip fabrication facilities worth tens of billions in the US.
GAE is doing the carrot & stick on TSMC. This is frustrating because we don’t need TSMC. The only reason USA is not already the equal of Taiwan’s semiconductor industry is the massive offshoring of our capability by the Bolsheviks and other sympathizers over the last century. We could easily make up lost ground, if only we weren’t being poisoned by our rulers.
Worse, forcing this decision is bringing our countries even closer to war. I just saw the headline that PRC is breaking off diplomatic contact with GAE.
But that STILL doesn’t explain why Pelosi went to Taiwan. She’s not going to hide a thumb drive of trade secrets in her hip flask or smuggle out some high-value targets while an enraged China has her under a microscope. And we surely have secure communications.
My theory: Pelosi DID go to Taiwan as a representative… of the DEEP STATE. The transnational globalists. Forget reunification, TSMC is now in the precarious position of being forced to do exclusive business with either China or GAE. Neither option appeals to them.
It’s a perfect time to offer them a THIRD solution.
That’s why she traveled to Taiwan instead of using secure channels… channels operated by the intel community. Can you imagine NSA having a recording of Pelosi discussing financial fraud against Uncle Sam with a foreign power? The blackmail potential alone would be tremendous, never mind power plays by rivals. Or that the fraud would be legal because she’s Congress.
That’s why SCROTUS Joe’s Deep State handlers refused to prohibit the trip, because she was working for them. They didn’t authorize the trip either, in order to send a message to TSMC. Pelosi did the visit being protected by USA despite not being a servant of USA… exactly the deal she intended to offer, money from USA in return for joining the New World Order conspiracy that wants both USA and China ruined.
Which is also why they sent a Congressman: only they have immunity to charges of financial fraud.
That’s also why China was pissed… they know much about the secret powers that run D.C., being one of the largest such powers themselves. How much of Pelosi’s loyalties they know is anybody’s guess, but they obviously don’t own her even though they’ve surely made an offer. Watching her make the trip immediately after CHIPS 2022 passed, but not as a sanctioned Fedgov representative, was strong evidence that another faction was making its move on TSMC.
That’s also why China never voiced their true objections about her trip. They can’t afford to draw attention to those secret owners of Congressmen, now can they? Not China, of all nations.
AND that explains China’s response (other than saber-rattling) of blocking sand shipments to Taiwan. It’s an immediate blow to the semiconductor industry that also has the plausible excuse of being directed at the construction industry. They don’t want this to be TOO obviously about control of TSMC. At the same time, the faster TSMC chooses, the more likely they choose the status quo of continued business with China.
The Deep State plan is to offer TSMC a seat in their inner circle, help them relocate with up to $100 billion of chump change and presto, their new Microchip-Industrial Complex… the critical piece to their Great Reset’s Internet of Things.
I don’t have any direct evidence of my theory. Pelosi’s ultimate loyalties are unclear to me as well, so I’m merely fitting the known facts. What I am sure of, is that per those three bills I mentioned, American semiconductor-manufacturing capability in the future will be controlled by an organization funded by, yet hostile to, the formal government of the US.
And Pelosi owns stock in them.
Yeah, she basically pushed us closer to WWIII to salvage her corrupt stock portfolios.
GQ, you scooped the ‘Pundit.
h ttps://www.thegatewaypundit.com/2022/08/nancy-pelosi-travel-taiwan-increase-family-fortune-son/
Regarding Biden and Pelosi … I don’t think anyone is in charge. There is no chief executive.
There is an oligarchy, a coalition of interests and fiefdoms (the intelligence community, the military, the Fed, Wall Street, Congress, etc.). Sometimes they’re on the same page, sometimes they’re in conflict. Each does his own thing. No one person or group in charge, just a hive mind.
Interesting. Vox says that China’s sand embargo reaction to Pelosi’s trip was to keep them from construction projects. It makes more sense as a way to keep them from making chips.
The Flying Pelosis is an interesting clown world act and the puffy chest routine from paper tiger PRC against chipwan.
Her unlisted son caught a ride in order to profit off the red capitalism.
Yale Yankees made the CCP by giving Mao credibility as he edited the school paper and changed it thought reorientation.
End of the line for the Yankee traitors and they will drag all of us with them.