Revealing History

Armstrong Economics Blog/Ancient History Re-Posted Mar 31, 2021 by Martin Armstrong

COMMENT: I find it interesting how two people the general consensus has said were scoundrels, John Law and Julius Caesar, you have shown were actually people against the establishment. I read your Anatomy of a Debt Crisis and you have put together the contemporary historians where everyone else just seems to rely on the fake news of the day.

Thank you for digging up the facts.


REPLY: When I was in high school, I had to read Galbraith’s “Great Crash.” Nowhere in his book did he ever mention defaults on national debts by any country. When I came across Herbert Hoover’s memoirs in an old book store in London, this was probably the second thing that changed my life, with the first being the movie  “The Toast of New York” about the Panic of 1869 when gold hit $162.50, which I had to watch in history class. I learned not to trust the history books, and the best way to find out the truth was always to return to the contemporary reports of history and/or the newspapers of the time.

The coinage has been a major factor in identifying the history and accurately dating events. Here is an extremely rare coin of Julius Caesar. Note that there is no portrait of him. He is announcing his victory in Gaul. His Gallic campaign was initially a piecemeal affair, but within six years, he had expanded Roman rule over the whole of Gaul. Following years of relative success, mainly thanks to the disconnected nature of the tribes allowing him to take them on separately (divide and conquer), Caesar was faced with the chief of the Arverni tribe, Vercingetorix, who too late had built a confederation to stand against Caesar. In 52 BC, despite formidable resistance, Caesar finally defeated Vercingetorix at the Battle (or Siege) of Alesia. This illegal war which by Caesar’s own account had left a million dead, was instrumental in elevating him to a position of supreme power among the statesmen of the late Republic, making him incredibly wealthy through war booty and also making him dangerously popular with the plebs — the common people.

This coin was struck in the course of Caesar’s war against the Senatorial faction led by Pompey and later Metellus Scipio. Caesar’s triumphant coinage trumpets his military achievements and conquest in Gaul while reminding the bearer also of his claimed descent from Venus through Aeneas. Interestingly, behind the bust is how old he is IIL or 48 years old. The reverse figure tied below the trophy of arms is popularly believed to depict the defeated Vercingetorix. The figure is carefully rendered in detail of how the Gauls appeared unshaven often with tattoos in blue to frighten their opponents.

In order to consolidate his power when he returned, Caesar produced triumphant coinage to spread the news of his military capability. The reverse of this coin is popularly believed to depict Vercingetorix himself. In 48-47 BC, the defeated Gallic chieftain still languished in the Tullianum, the underground prison beneath the Comitium. He would be hauled out for Caesar’s triumph in 46 BC, then returned to his cell and strangled.

This example of Julius Caesar AR Denarius was struck by a military mint moving with Caesar to pay the troops on a regular basis between 48-47 BC.

This is a Roman silver denarius struck by Brutus announcing he killed Caesar on the Ides of March 15, 44 BC (EID MAR). As you can see, the coinage can actually be used to confirm history to the year and sometimes to even the very day.

The Danger of Deplatforming Trump

Armstrong Economics Blog/Conspiracy Re-Posted Mar 31, 2021 by Martin Armstrong

I really do not care if Karl Marx had a Twitter today and was posting all sorts of things. BigTech is censoring content that they do not like. This is destroying the internet and it always seems to come back to this idea of monopoly and control, no different than the robber barons of the late 19th century. When Facebook and Twitter first began, they were what us coders call open platform. There were people who were even setting up Twitter APIs. Then the robber baron idea took hold, which shut open access down and built a wall around their platform to create a monopoly.

The robber barons of the 19th century were seen as evil. Their ideas of control, competition, and monopolies are certainly alive and well today in Big Tech. The entire Anti-Trust action forced Bill Gates to step down as Microsoft’s dominant control was due to his constant drive to put any competition out of business. The case was over Netscape, which was really the first internet browser. To put them out of business, Gates included a browser for free.

The business model that all of these new robber barons use is to sell your private information to others. Microsoft constantly updates your computer, not for your benefit, but to see what you are searching for to create a profile to sell to others. Google tracks everything you search. Facebook does the same and all of these robber barons have systematically destroyed the internet. No one really understood what they were doing until they rigged the 2020 Presidential election when they permanently de-platformed Donald Trump in a deliberate move to prevent him from running again. They did the same to Nigel Farage in Britain when he was going to try to form another party. This time, they refused to cover anything he had in mind to ensure that the COVID-19 agenda would destroy the British economy. It is now a £5000 fine if you lie and take a vacation outside of Britain. They have created the new version of the Berlin Wall that should just be called Johnson’s Anti-Human Rights Wall.

The excuse to ban Trump was that the protest on the Capitol might lead to violence. Yet, Black Lives Matter protesters and Antifa protesters are routinely marching, yelling to burn the Capitol down, and that does not seem to be an issue. In Washington, the National Guard was armed. In Seatle, they were unarmed.

Among programmers, we have what is called “open source,” meaning you have access to the code to make alterations. The new Big Tech robber barons have shut down the internet and now have control to de-platform anyone at any time. They have destroyed the original design and purpose of the internet and pose a serious threat to our liberty and society’s development going forward. They are not moved by the sharp rise in teenage suicides. No doubt, they celebrate behind closed doors that they are reducing the population. Even this vaccine causes the body to produce antibodies, but there is no understanding of whether it generates antibodies for some other purpose. Many are deeply concerned that this experiment may backfire and eradicate natural immunities to diseases that were once cured. They refuse to respond and just call such questions “conspiracy theory” rather than address anything of substance. Yet, Big Tech goes out of its way to remove any challenge to vaccines whatsoever as if they are new medical experts.

The idea that the internet would expand the human knowledge base with its open-source structure has now been destroyed by the Big Tech robber barons. The Sherman Anti-Trust Act was designed to end the age of robber barons. Today, the Democrats support them because they also want to shut down free speech and all dissent. Of course, this is impacting governments worldwide who do not see this as a good idea. The open door structure of the internet is coming to an end. Now that politics is involved, those who think they can create a new open internet using blockchain overlook one small problem — politics. When Amazon was faced with allowing employees to mail-in ballots to see if they should unionize, they immediately challenged mail-in voting as unreliable.

What began with Trump spread like a bush fire in California and engulfed everything. It set a precedent that anyone can be canceled, and therein lies the tyranny. The internet’s very survival suddenly comes into question, for as YouTube has demonstrated, anything that offends their political agenda violates their community guidelines.

The Best form of Government

Armstrong Blog/Gov’t Incompetence Re-Post ed Mar 31, 2021 by Martin Armstrong

One person wrote, “Have you ever realized that you are the first true psychohistorian ever, as in Asimov’s Foundation?” Many others are writing in and asking if I could elaborate on my recent statement, “So just start planning now for the next real Great Reset which will be the overthrow of the republic.”

I must confess, I never read Asimov’s Foundation. From reading the cliff notes, I gather it was based upon the fall of Rome. Psychohistory seems to describe an amalgam of psychology, history, and related social sciences and the humanities all combined. Quite honestly, history repeats as I have said many times because the passions of man never change. A mother still cries for her son who dies in battle today as she did in ancient times. To me, in order to understand history you must connect the dots, and to do so that requires an understanding of the thinking process of the time WITHOUT imposing your interpretation based upon what is now.

I have given the example of the city of Philadelphia they named because in Greek it meant “brotherly love,” so the Quakers interpreted that in a Christian sense that yes, I love my brother. The true interpretation at that time in ancient Greece meant incest. They called Ptolemy II Pheladelphos because he married his sister. Context is everything, just as it was wrong to interpret the ancient Egyptians as Pagans or the Greeks saying they worshiped many gods, which was not true. The Egyptians believed in one god they called Rha being the sun, because it gave life. The others represented an individual sin or trait but were never seen as gods of creators.

The Sistine Chapel has as its centerpiece Michelangelo’s “God Creating Adam.” All of our representations of God are symbolic. Nobody actually knows the face of God. The Greeks also never saw their many gods as creators. They were really seen as Titans who were mischievous to put it politely. When you died, you were judged, but not by Zeus, but by the three fates. So many ancient statues are beheaded because the ignorant early Christians thought every statue was a God.

Psychohistory examines the “why” of history, which in my mind involved the intention and actual behavior of why people and governments act the way they do. Effectively, what I have discovered is that when confronted with a similar set of events, those in power will always respond in the same manner.

Republics are the worst form of government because they always collapse into oligarchies. Even a dictatorship is better, for they are not prone to such corruption. Republics allow people to be elected, but there is no way to prevent them from doing things that are against the very people who elected them. When the bribes are too tempting, they simply can be bought, and that is always their fate. Unfortunately, the Founding Fathers believed Cicero which was the fake news of the day because he was an Optimate and part of the oligarchy. Hence, he distorted the account of Caesar for when he crossed the Rubicon. In reality, the Senate fled, and the people cheered Caesar as their savior from a debt crisis. (see: Anatomy of a Debt Crisis).

The only form of government that deserves a try in the face of the Democrats insisting on mail-in ballots is a direct democracy. The people must vote on every bill proposed, and there can be no adding of nonsense that has nothing to do with the bill. The Social Security Act was 16 pages. Obamacare was at least 33,000 pages. Nobody reads that type of legislation, and they make it that long to hide bombshells.

The Political Theater of Absurdity

Armstrong Economics Blog/Corruption Re-Posted Mar 30, 2021 by Martin Armstrong

Do we have to wonder just how long will the press allow this complete farse to continue? Journalists have no sense of honor, for what they are allowing to take is devastating their own families’ future. Truthfully, if my children were a journalist selling this BS, I would disown them. The CDC has even reduced the social distancing from 6 ft to 3 ft. Then Fauci has come out and said that you can hug other family members if you are vaccinated. So here we have politicians, who Yellen has become, wearing masks when their own savior of the world, Dr. Antony Fauci, has said it is not necessary when people are vaccinated and they no longer need 6ft of social distancing.

This is all a propaganda agenda because what is coming is nothing but job losses and higher taxes, which will not be just the “rich.” Reliable sources are talking about putting a tax per mile driven as part of the Infrastructure Bill. They will say they need that to pay the $1 trillion cost, but in truth, this is what the real intent of lockdowns was — end commuting. There is no reason for Biden and Yellen to be sitting there with masks. This is all theater counting on the stupidity of the majority of Americans to believe whatever the government tells them.

Stanley Milgram, an American social psychologist, did research that peeled back the surface of humanity, which he called “Obedience to Authority.” In one of his famous studies, an assistant stepped out onto a busy street in New York City and stared upward into the sky. At first, people just walked around him and did not bother to look up. However, when four more researchers were added, forming a small collective group now staring into the sky at nothing, people suddenly stopped and joined in to see what was happening up there (Milgram, Bickman, and Berkowitz 1969). If there is an accident, cars will slow down to take a look. The whole line of traffic slows to a crawl, and yet, when you arrive at that spot, instinctively you will look to see what is going on. We call it rubbernecking.

The government knows what it is doing to impose the Great Reset without people noticing the agenda.

Congressman Matt Gaetz Claims Former DOJ Lawyer David McGee Was Extorting Him Amid a Bizarre FBI Sting Operation

Posted originally on the conservative tree house March 30, 2021 | Sundance | 266 Comments

Two people inside the DOJ leaked a story about Matt Gaetz (R-FL) being under DOJ/FBI investigation to the New York Times.  The essential elements of the article are that Gaetz had a relationship with a 17-year-old woman, and paid for her to travel; ergo the DOJ/FBI is investigating “sex trafficking.”   Presumably AG Bill Barr opened the investigation. However, Matt Gaetz vehemently denies everything about the claims, and instead says the FBI and DOJ were recently conducting a sting operation -with his cooperation- against a former DOJ lawyer named David McGee who was extorting Gaetz for $25 million.

According to Gaetz his father was contacted by McGee in March of this year and told he would release the details of a relationship with the woman if Gaetz did not pay $25 million.  Gaetz contacted the FBI, and his father wore a wire in his conversation with McGee where the FBI were recording the extortion attempt.  Now that someone has leaked the erroneous background of the investigation to the New York Times, Gaetz is demanding the DOJ release the tapes of the extortion attempt.

Tonight Matt Gaetz appeared on Tucker Carlson to discuss the details of the situation.  Apparently there was an FBI sting operation underway which included a payment tomorrow.  The New York Times article tipped-off McGee to the sting.  Congressman Gaetz denies any wrongdoing, legal or otherwise, and denies paying for a minor to cross state lines to meet him.  When Carlson asked Gaetz who was the former DOJ official attempting extortion, Gaetz named David McGee, a former DOJ lawyer currently working for Beggs and Lane lawfirm.  WATCH:

Matt Gaetz: “What is happening is an extortion of me and my family involving a former Department of Justice official. On March 16th, my father got a text message demanding a meeting wherein a person demanded $25 million in exchange for making horrible sex trafficking allegations of me go away. Our family was so troubled by that we went to the local FBI and the FBI and the Department of Justice were so concerned about this, that they asked my dad to wear a wire. Which he did with the former Department of Justice official. Tonight I am demanding that the Department of Justice and the FBI release the audio recordings that were made under their supervision and at their direction which will prove me innocence. These allegations are true and they were meant to bleed my family. This former Department of Justice official tomorrow was supposed to be contacted by my father so that specific instructions could be given regarding the wiring of $4.5 million as a down payment on this bribe. I don’t think it’s a coincidence that tonight somehow The New York Times is leaking this information, smearing me and ruining the investigation.”

Tucker Carlson: …”First of all, who is this Department of Justice former employee who is trying to extort the money from you.”

Gaetz: “His name is David McGee


When is a Veto Not a Veto, When Kristi Noem Needs The Political Cover

Posted originally on the conservative tree house March 30, 2021 | Sundance | 220 Comments

Just a short note to bookmark for later 2024 reference about political opportunism and parseltongue.  You might remember South Dakota Kristi Noem being adamant that she was not vetoing a legislative bill blocking male (transgender) athletes from Women’s sports. [HERE]  Yesterday she took action to send the bill back to the state house.  Read the rejection letter from the governor’s office:

Note: “bills returned shall be treated in the same manner as vetoed bills”…. with her signature; yet she still proclaims she did not veto the bill.

It’s a small note, but a note worth making nonetheless.  For a politician who claims she speaks frankly and truthfully, there’s a great deal of parseltongue, a decepticon trait, on this one.  Disappointing, just sayin’.

When asked why she doesn’t support the bill, Noem said she has received advice and counsel that the law would fail if challenged in federal court. Specifically Noem implied the NCAA would sue South Dakota and she believes the state would lose a lawsuit based on the law. If that is her position, essentially she is attempting to avoid litigation, proactively planning to lose that litigation, on a law supported by the majority in her state.

Pence “Laying Groundwork” For a 2024 Presidential Bid?

Posted originally on the conservative tree house March 30, 2021 | Sundance | 349 Comments

Not an April fool’s joke, but it might as well be.

Two media reports [Here and Here] about former VP Mike Pence considering a potential run for President in 2024 present the most laughable political hypothetical in recent memory.   Particularly, and specifically, because even President Trump would likely not include Pence in a short list of people for endorsement.

WASHINGTON (AP) — Former President Donald Trump recently rattled off the names of those he viewed as future leaders of the Republican Party, including Sens. Josh Hawley and Ted Cruz along with Florida Gov. Ron DeSantis. Conspicuously absent from the list: Mike Pence.

The former vice president is steadily reentering public life as he eyes a potential run for the White House in 2024.” (read more)

Newsmax has a similar story outlining steps Mike Pence appears to be making to lean forward to the 2024 GOP primary.  However, as pointed out by both articles, President Trump has not included his former VP in any positive affirmation about the future of the republican party.

NewsMax – […] “Since leaving office in January, Pence, who was Indiana’s governor and a member of Congress before being tapped as Trump’s running mate, has kept a lower profile. He’s pieced together a portfolio aimed at maintaining influence, paying the bills, and laying the groundwork for an expected presidential run.

He’s forged a partnerships with the conservative Heritage Foundation and has even been discussed as a potential president of the organization, according to two people familiar with the discussions. He’s joined the Young America’s Foundation and a top speakers’ bureau, penned an op-ed for the Daily Signal about the 2020 election, and recently toured a Christian relief organization in North Carolina. He will make his first public speech since leaving office next month at the Palmetto Family Council’s annual fundraiser in South Carolina, another crucial primary state.

Pence also has discussed writing a book, according to aides, has been in continued conversation with his evangelical allies, and plans to spend much of the next two years helping Republican candidates as they try to reclaim House and Senate majorities in 2022. (read more)

Who Raises Taxes During a Pandemic Already Creating Economic Turmoil? JoeBama, That’s Who

Posted originally on the conservative tree house March 30, 2021 | Sundance | 243 Comments

Think about the logical insanity of this position for a moment….  According to the Biden administration the economy is in trouble, people are struggling, and congress needs to spend trillions to bail out state, local and federal governments along with sending income subsidies to all Americans as the economic crisis around COVID continues.

Due to policies on energy, regulation and the COVID virus, simultaneously food prices are going higher, fuel prices are up 30 percent, overall energy prices are rising, transportation costs increasing and the inflationary impact on the middle-class is eating up their limited paychecks.

AT THIS EXACT MOMENT the same administration is now proposing a tax increase.


(VIA AXIOS) […] The biggest-ticket item would raise the corporate rate from 21% to 28%. That’s worth $730 billion over 10 years, according to the Tax Policy Center.  The other three would:

  • Impose a global minimum tax on profits from foreign subsidiaries: $550 billion.
  • Tax capital gains as regular income for the wealthy and tax unrealized capital gains at death: $370 billion.
  • Return the top individual rate for those making more than $400,000 to the pre-Trump rate of 39.6%: $110 billion.

[..]  Democrats close to the White House don’t expect Biden to fight as hard for other expected proposals, including one that could raise some $740 billion by imposing new Social Security taxes on the wealthy.

  • His campaign plan to impose a 28% minimum rate on the wealthy, which would raise $220 billion, is unlikely to cross the finish line.
  • And making it harder for small businesses to claim deductions, which would bring in $140 billion, will likely encounter serious roadblocks.
  • Changing the ways estates are taxed, which would raise $220 billion, may not make it into the final legislation. (read more)

Florida Reject Biden’s Moves to Create Mandatory COVID Passports

Armstrong Economics Blog/Regulation Re-Posted Mar 30, 2021 by Martin Armstrong

Florida’s Governor Ron DeSantis said he would take executive action this week against vaccine passports. DeSantis said he will be issuing an executive order in the state forbidding vaccine passports. Local governments and businesses that would use these digital passports to allow vaccinated individuals to travel and attend events would not be allowed. He said that “we are not supporting doing any vaccine passports in the state of Florida.” DeSantis point blank said this violates privacy and individual liberties. “It’s completely unacceptable for either the government or the private sector to impose upon you the requirement that you show proof of vaccine to just simply be able to participate in normal society.”

One really has to ask when this scam will end? COVID has a 98.7% survival rate. How do we judge the success of vaccines – when they reached 98.9%? Once you start with a COVID Passport, then what is next? Vaccines for everything else in the realm of disease? People are to be denied liberty and employment because of a vaccine? When will the press stand up for the people and tell the truth that this is about climate change? After all, it was the Guardian who no longer guards the people who came out and reported we need lockdowns every two years to implement the United Nation’s climate change agenda with ZERO CO2. Even Washington Post reported that masks were useless yet people are fined thousands of dollars or imprisoned around the world for not wearing something that every study said was USELESS.

When I moved to Florida 5 years ago, I ran the computer models in the various states and Florida came up as #1. I had no idea it was projecting such a diverse trend to the rest of the United States on this scale.

Why Biden’s First Executive Order was Illegal

Armstrong Economics Blog/Rule of Law Re-Posted Mar 30, 2021 by Martin Armstrong

QUESTION: Mr. Armstrong, you have been silent about the border crisis that Biden seems to have created while blaming Trump claiming the people were already on their way here. It seems like he shut down the funding simply because it was a Trump initiative. Would you comment, please?


ANSWER: What Biden did was illegal. Trump made border wall construction a key 2016 campaign promise. He had to fight many battles with Congress over that bill. Interestingly, on his very first day in office, Biden used his executive authority to stop building the wall. That was ILLEGAL because Congress approved $1.4 billion for the measure as part of a $900 billion stimulus package bill to offset losses incurred by the COVID-19 pandemic. This is the problem. You will never know the real people who are running the country. They make up these executive orders, and Biden just signs them. Nobody bothered to check that the funding was authorized by Congress, which an executive order cannot nullify. Then they talk openly about giving illegal aliens citizenship, and a hoard of people are heading for the USA. You can bet that terrorists are also now sneaking in the same way.

If Congress passes a law, then the president cannot simply write an executive order that reverses the decision. What he did violated the very foundation of a republic, but the press will never challenge him on anything.