Monthly Archives: January 2021

Jan 27 2021

New York to Legalize Prostitution


Armstrong Economics Blog/Regulation Re-Posted Jan 27, 2021 by Martin Armstrong

In New York, a new bill has been introduced that would decriminalize sex workers in New York. However, the bill will while still holding pimps and buyers accountable.  Pimps are one thing, but holding the buyer criminally liable is an invitation for police to masquerade as sex workers, and then if the guy agrees, they cuff him. They use this came already in drugs. They go around pretending to be a supplier or a buyer with the same outcome. This is a recipe for disaster.

Jan 27 2021

Youth v Age


Armstrong Economics Blog/Politics Re-Posted Jan 27, 2021 by Martin Armstrong

Video Player00:0001:18

Ronald Reagan was 70 years old when he became President. That made him the oldest until Biden. What is most interesting is how age was a question he was often asked when running for president. Oh, how times have changed! The two heads of state I ever met who were both genuine and intelligent with a sense of humor were Ronald Reagan and Margaret Thatcher. Perhaps it was a different era with different quality people running for office. I suspect that with time, the treatment we have witnessed in Supreme Court appointments with the hostile accusations from religions to sexual harassment, have a very negative effect insofar as nobody is perfect and having things dragged up from high school is uncalled for.

My cousin found this photo of me when I obviously believed in Santa Claus. I grew up and realized I was lied to and I had to fend for myself in life. Others seem to think the government is there to take care of them. I guess they still believe. Hence, we should never be judged by what we may have believed in our youth. Grilling people on what they said of did in high school only deters people who would be qualified from taking any office.

Jan 27 2021

Larry Kudlow to Host New Fox Business Network Program


Posted originally on the conservative tree house on January 26, 2021 by Sundance

Former White House Chairman of the National Economic Council, Larry Kudlow, will begin a new venture joining Fox Business News on February 8th.

Kudlow joined the wolverine Trump economic team in 2018 and was complimentary to the objectives of the Trump administration with his affable demeanor.  Secretary Ross, Ambassador Lighthizer, Secretary Mnuchin and Peter Navarro were the teeth, while Larry Kudlow was the one who smoothed the edges.  The entire team complimented each-other brilliantly.

Fox News Media announced on Tuesday that Larry Kudlow, former President Donald Trump’s top economic adviser, would host a new weekday program on the Fox Business Network.

Kudlow, who served as director of the National Economic Council from April 2018 until the end of Trump’s presidency this month, will also be a contributor across all Fox News Media platforms — providing “expert financial analysis on domestic and global affairs.”

He will begin work on Feb. 8, and details about his upcoming show “will be announced at a later date,” according to Fox News Media.  (read more)

Jan 27 2021

Good News – Impeachment Will Fail, Bad News – Five Republican Senators Voted to Impeach President Trump, Murkowski, Collins, Romney, Sasse and Toomey


Posted originally on the conservative tree house on January 26, 2021 by Sundance

During senate impeachment rules processes and parliamentary proceedings today, Senator Rand Paul proposed a smart point of order requiring a senate vote on dismissing the impeachment case against President Trump.  Essentially this dismissal vote will reflect the baseline, worst case, final outcome, vote of any impeachment trial.

The Senate then took up a motion to table the dismissal point of order.  The motion to table passed 55-45; meaning 55 senators want to impeach President Donald Trump and 45 senators voted to dismiss the entire case:

The good news is this will represent the worst case scenario on the final impeachment vote 55 yes / 45 nay.  The impeachment will definitely fail in February, and President Trump now knows the disposition of the final outcome. [Though it could get better]

The bad news is 5 republican senators just voted to impeach President Trump.  They are: Susan Collins (Maine), Lisa Murkowski (Alaska), Mitt Romney (Utah), Ben Sasse (Nebraska), and Pat Toomey (Pennsylvania).

Murkowski and Toomey are both up for reelection in 2022.  However, Pat Toomey has indicated he is not running for reelection.   So the most immediate 2022 target should be on Lisa Murkowski of Alaska.

Coming for you Senator Murkowski !

Thank you Senator Rand Paul !

Jan 27 2021

President Trump Sets Up Office Outside Government


Posted originally on The Conservative tree house on January 26, 2021 by Sundance

According to information from Jenn Ellis President Trump has established office outside government to advance the interests of ‘America First’ policy. Hopefully this approach will be the leverage forcing the Republican establishment to protect the interests of 74+ million Americans, as more and more democrats simultaneously recognize the toxic intention of the left-wing agenda.

The office will “carry on the agenda of the Trump Administration through advocacy, organizing, and public activism,” the statement says.  We have only just begun…

Additionally, there is an unofficial Telegram Page set up and awaiting official transfer to President Donald J Trump – VISIT HERE

Perhaps it seems antithetical to some, but the ability of President Donald Trump to influence the direction of this nation is likely to be more effective outside the machinations of DC corruption than it was within those constraints.

President Trump represents the interests of all Americans… his restraint to impede on liberty and freedom when provided the opportunity by the COVID-19 pandemic is a great illustration of his understanding the values of our nation.

As the totalitarian regime of JoeBama seeks to impose more ideological restrictions on liberty, and even more big government oppressive influences in our daily lives, we will see massive numbers of newly awakened citizens join our MAGA-ranks.

President Trump will be a greater political influence outside the system than he could have been inside it.  He has already proved his merit and worth as a newly awakened majority bear witnesses to the insufferable hypocrisy of the conniving democrats and decepticons.

No political official within the GOP will ever win reelection if President Trump informs the patriotic people to turn-away from them.   Trump’s influence will be much greater from outside the system -where he is unrestrained- than it was from within it.  CTH can forsee a period of incredible consequence and transformation.  We are never going back to that time when we did not see the strings on the Marionettes.

DC is exposed right now…. and the same system that rebuked ‘America First’ is standing in the blinding spotlight as they rush to cement policies that are not supported by the majority.  The more they do this, the more the pressure of a backlash will build.

The future of President Trump, and by extension us, is not a future to fear.  These are exceptional times to be alive.  We have the leadership and the tools to advance the causes of liberty and freedom here at home.  The future is bright.

I would suggest one aspect of life that will be important for all MAGA voters and supporters in the days, weeks and months ahead…  Take a severe inventory of your friends, associations and networks.  As this movement starts to take shape it is important for your health and well-being that each of us begin a process of spiritual hygiene.

Purge from your associations those negative minds that will not support the optimistic objectives of the America First movement.  Do not allow those who define themselves through the need for negativity to be in your spiritual orbit.  Expel those voices and retain your center of peace, prudence and optimism.   Surround yourself with those who will elevate despite the challenges to provide optimal solutions.  Get rid of the gnats who cannot and will not remain focused on goals and objectives.

Dispel the naysayers, they do not deserve your time or attention.

Allegory:  Setting forth on the journey an older man sat his young son on the donkey and began walking the path.  A few minutes into the trip a passer-by said “look at that selfish kid who is making the old man walk while he rides the donkey.”

The man took the boy down and they changed places.

A few moments later another passer-by said “look at that selfish man who is making that young child walk in the heat while he rides comfortably on the donkey.”

The man lifted the boy up so they both rode the donkey.

A few miles later another group passed by and remarked “look at that abusive man and that boy who are putting that poor donkey through the pain of carrying both of them.”

By the time the man and boy reached their destination they were carrying that donkey on their back….

You cannot please everyone, there is no point in trying.

The best life journey you can take is one with a loving God around you.  If you try to please the naysayers you will end up carrying that donkey.

Don’t carry the donkey.

Live your best life, it’s the only one you have.  Engage all with the spirit of optimism, thankfulness and fellowship.  In the big picture, “the best is yet to come”…

Jan 27 2021

Rand Paul Pushes Back Against Ridiculousness of Impeachment – Likely to Initiate Points of Order to Call Out Republican Idiots


Posted originally on The Conservative tree house on January 26, 2021 by Sundance

Senator Rand Paul (MAGA-Lite, KY) took to the senate floor to outline the insufferable nonsense behind the impeachment narrative.   Using his time to call-out examples of DC representatives initiating confrontation; and simultaneously putting the GOPe crowd on notice that he will do everything possible to put them on the record; Rand Paul fires back with some excellent oration.  WATCH:

It is also being reported Senator Paul will file a point-of-order in advance of the impeachment trial to put Republicans on record for their position.  “Rand Paul will make a point of order to dismiss the impeachment trial this afternoon. It’ll get Republicans on the record for how they might vote in a trial. You need 67 votes to convict. So if 34 Republicans vote to dismiss the trial, that means Trump will be acquitted.”

Jan 26 2021

A Third Party is Needed Today!


In 2009 the Tea Party appeared as a result of the take over of the health care system by the Democrats. The result of the take over was we ended up with the Affordable Health Care Act which promised us major savings and better services with no more nasty insurance providers to deal with. Well what we actually got was much higher costs, crappy programs and dealing with a broken interface though the federal government to the doctors and the hospitals.

My wife and I participated in some of the protests in DC which were always peaceful and clean as we picked up all our trash. The Democrats and Republicans ignored us and did everything they could to stop the movement. And they were successful because we had no leader. So seven years later in 2016 when Trump announced he was a candidate for the office of the President and gave a speech as to why he was running we had no other choice available to us and latched onto him. And the rest is history.

We knew about the DC swamp but we had no idea that it wasn’t just the Democrats and their minions; it also involved most of the Republicans as well. Some call it the Uni-Party and I agree it is a single entity probably 65% Democrat and 35% Republican in my opinion. Neither party has any interest in their voters; their interests are their major Donner’s and how they can get government contracts to their extended families. On top of that any unspent campaign funds (which can be extensive after decades in office) can we transfer to their personal accounts after leaving office.

Trump made an valiant attempt to stop as much as he could of that corruption and that this the reason why they had to get rid of him by any means possible. That included the the FBI and the Russian collusion myth, the Muller report, the first impeachment (a distraction to get the Wuhan virus hidden), the Wuhan virus fraud driven by the evil Dr Fauci, and the second impeachment based on a fake insurrection narrative. There is no doubt in my mind that the deep state and Uni-Party planed the occupation of the United Sates Capital (building) where the the House and Senate meet on January 6, 2021. That movement was lead my leftist radicals posing as Trump supporters.

These previous four paragraphs would take a very long book or set of books to fully document and this is not the place for that. This short version is only to justify the needed third party.

There is only one way to save the Republic now after the 2020 election; and that is to form a new political party. the goal would be to get the citizens that were blue dog democrats, independents and the Trump republicans. In essence the MAGA collision. Lets assume that of the seventy five million that voted for trump comprise that core MAGA category, what would happen if Trump created the MAGA party and fifty million citizens switched to the new party! That would make the MAGA party bigger than the Republican party and maybe even bigger than the Democrat party.

That would make it possible for members in the House and Senate that were honest to also switch to the new party what ever its name was. That would give Trump a lot of say in the congress maybe even enough to stop what is being done.

We need to start this movement and pledge to support Trump in doing this. And by this post I do so. I thought I did in the previous post but as it turned out that FEC filing was not by Trump it was by someone pretending to be a Trump associate. This time I will restate what I wrote in that post since that was based on false information.

First, I state that I am no longer a Republican and I will not support any Republican nor give money to any Republican. I realize that there are good people in that old party but the top of the party is corrupt.

Second, I state that I will not vote vote for anyone in any of the two major party’s as neither are worth anything. Therefore, I will only vote for candidates in a new party only under Trumps leadership.

We need to get this message to Trump and for him to give up on the Republicans in DC they never did like him! And By The Way in the past 48 hours that original post of mine got over 7,100 views and lots of comments of support

If you agree with this post like it and pass it on

From RASMUSSEN REPORTS JANUARY 26, 2021
Most GOP Voters Say Trump Third Party Is a Good Idea While advisers to Donald Trump have denied this week that the former president is planning to organize a third party, most Republican voters think a separate Trump party would be a good idea.

Jan 26 2021

Personalized Robots


Armstrong Economics Blog/AI Computers Re-Posted Jan 26, 2021 by Martin Armstrong

Jan 26 2021

Where Has Our Culture Gone?


Armstrong Economics Blog/Understanding Cycles Re-Posted Jan 26, 2021 by Martin Armstrong

COMMENT:  A follow up to the Frank Sinatra post titled “Appropriate for our Times.” (see story)

This Christmas story is deep and touching. Some people like Sinatra, are still in tune with life, no matter how much money they have, while others think they are above the world.

The story has Sinatra’s friend, Jilly, telling him, he is not as famous as he thinks he is, as none of the homeless he bought Christmas dinner recognize him. Much to their surprise, as Sinatra was leaving, all the homeless thanked him by his name and wished him a Merry Christmas.

SGK

REPLY: Those were the days. You never had to lock your doors. Where has our culture gone? It is much like the song about cycles.

Jan 26 2021

Xi Jinping at DAVOS


Armstrong Economics Blog/China Re-Posted Jan 26, 2021 by Martin Armstrong

Chinese President Xi Jinping at Davos in Switzerland attended by video. He continued to defend globalization also referring to multilateralism and climate change. However, he never mentioned either Trump or Biden but he did criticize the US trade war with China. He did warn that any conflict between Beijing and Washington would be bad for the entire world. You will recall that Biden said he would return to the UN Paris Accord to force China to comply. So his remarks were pointed at Biden with respect to confrontation and at Trump for the trade war.

Nevertheless, he played the game well and called for global collaboration on climate change, public health, technology, and saving the global economy, which the Wo9rld Economic Forum has been destroying behind the curtain with its lockdowns to reduce CO2 which is only weakening the economies in the West.  Xi Jinping made a pledge to become carbon-neutral by 2060, not 2030. He said that China will continue to promote sustainable development. China will fully implement the 2030 Agenda for Sustainable Development but it will do more on the ecological front by transforming and improving its industrial structure and energy mix at a faster pace and promoting a green, low-carbon way of life and production. He said: “I have announced China’s goal of striving to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060.”

That is to disarm the Gates contingent who have their clock in New York counting down for 7 years to support the Agenda 2030 put out by Schwab. No doubt they will try to pressure Xi to bring that to 2030, but that will fail.

China has seen its economy recover far more than in the West which is obsessed with using the virus for climate change. China will see growth come in at about 2.3% for 2020 and it will perhaps surge to 5%-8% in 2021 rejecting the nonsense of lockdowns that are destroying businesses everywhere. Anyone who has gone to Times Square will often visit Carmine’s famous Italian restaurant. With zero tourism, plays dark, and offices empty, there is no business at all. These lockdowns for the manufactured pandemic have devastated New York. There is nothing to return to. The landlord filed a notice of default for unpaid rent against the once-popular Italian restaurant. The culture of New York is gone and the only people cheering are the environmentalists. They won. They ended tourism and commuting all at once. China never took such crazy actions so their economy has survived unlike those in the West.

Trump was wrong in blaming China for the COVID virus when Fauci was experimenting with this very virus from bats and when told to shut it down, he sent it off to Wuhan. Trump was clearly dead wrong on that but the press was so supporting Fauci that it would have been political suicide to blame him. Still, Xi Jinping said international institutions, including the World Health Organization, should be strengthened.

Concerning international geopolitical relations, Xi Jinping warned everyone not to “meddle” in China’s affairs, by which he means Beijing’s actions in Hong Kong, Xinjiang, Taiwan, or Tibet. That was a clear warning to Biden to stay out of China’s affairs. He added that “to build small circles, or…wilfully impose decoupling, supply disruption, or sanctions…will only push the world into division and even confrontation.”

China is pushing to be the world leader in AI. This is also why we may be the only forecaster allowed in China on a major scale because they also know our reports on all the Chinese stocks are entirely written by a computer.