Newsom Hopeful for a Harris Presidency


Armstrong Economics Blog/Politics Re-Posted May 31, 2022 by Martin Armstrong

Governor Newsom is promising Californians everything under the sun if they vote for him. Most recently, Newsom stated that he would not run for president if elected before his next term would end in 2027. “Yeah, I mean, I have sub-zero interest. It’s not even on my radar,” he self-proclaimed. Newsom then slipped and said that he believes Kamala Harris will be America’s next president.

Harris has done absolutely nothing as vice president. A Trafalgar poll stated that only 28% of respondents approved of how Harris is handling her job. Harris has a notoriously high staff turnover rate as well, and there are reports of Biden and Harris often in disagreement behind the curtain. Harris could technically split from Biden and run for the candidacy in 2024. The list of qualifications to become a US president are less than what is required of an entry-level fast-food worker.

US presidential requirements:

  • A presidential candidate must be a natural-born citizen of the United States
  • They must be a resident for 14 years
  • They must be 35-years-old or older

Only 15 vice presidents in US history, including Joe Biden, have won the presidency out of 46 who applied. President Biden confirmed in January that he would select Kamala Harris as his running mate if he runs for reelection in 2024. Before Biden’s announcement in January, Harris told every press outlet willing to listen that she was not sure if Biden would select her for reelection.

Biden will be 81 by the next election but has stated he plans to run despite his obvious mental health decline. The Democrats would be wise to choose a different candidate, but not Kamala who is even less popular and competent than Joe.

Gun Control – So It’s Just Bullsh*t Then


By Russell Brand  Published on Rumble on May 30, 2022 

The Democrats say they want to stand up to the gun lobby. But the Pentagon that Joe Biden oversees is funding the same gun makers that Democrats say they want to regulate.
#Biden #Texas #GunControl #Pentagon

References
https://inthesetimes.com/article/pentagon-global-arms-trade-gun-lobby-uvalde-texas-robb-elementary

Canadian Politician Urges Optimism Amid Energy Crisis


Armstrong Economics Blog/Energy Re-Posted May 31, 2022 by Martin Armstrong

Since politicians are incapable of easing the energy crisis, they gaslight the public to believe that high prices are a good thing. Ontario Liberal candidate Granville Anderson is urging Canadians to see the “silver lining” in higher gas prices. “Maybe that’s a silver lining and that may allow people to think outside the box and say maybe I better look at seeing if I can ride a bike to work or buy an electric car,” Anderson said. “I think the price could be a lot lower than it currently is. But again, I said that may allow us to think twice and probably find another mode of transportation.”

Interestingly, he made these comments shortly after Ontario experienced a disastrous storm that left 150,000 people without power. I am sure people would be thrilled to drop their kids off at school via bike or trek through a storm to arrive at a job that pays only enough to make ends meet with sky-high inflation. The common suggestion of politicians to buy an electric vehicle is insulting to the majority of the population who cannot afford that luxury. According to Scotia Bank, the average cost for an EV in Canada is between C$32,000 and C$160,000. The average maintenance cost is C$1,150 annually, not including charging or unexpected fees.

There is no silver lining to the energy crisis; there is no alternative option to gas at this point in history.

Gun Control After Texas


Armstrong Economics Blog/Opinion Re-Posted May 31, 2022 by Martin Armstrong

QUESTION: After Texas, what reforms would you advise if any?

GH

ANSWER: They will be those who immediately advocate ending private gun ownership. They have no idea what they are talking about for real criminals do not buy their funds in stores. Much of the weapons the United States hands out in various countries to fight whoever ends up back in the United States on the black market. Guns they gave to Syrian Rebels, the Taliban, and even Ukrainians end up on the black market on American streets. Nobody wants to talk about that.

On August 29th, 2013, the Obama administration surprisingly announced new gun control measures. They deal with the little-known problem of re-importation of US weapons we give to rebels to fight various conflicts that go to our streets. The Obama administration began curbing the import of military surplus weapons because of the evidence from Bengasi.

With all the yelling and screaming about weapons on the streets, it is not widely understood that many actually are coming from our own sales or gifts to rebels overseas. We hand out weapons like candy for political reasons and they are arming the domestic drug trade. The story behind-the-curtain was that Stevens who was killed there played an active role in selling these weapons and that was the real reason for him being targeted.

The weapons that were flowing through Stevens were alleged to be the key to conflicts throughout the region and were flooding the streets in America as well in another secondary black market. This was a key source of weapons for Syrian rebels which was also a Neocon objective to overthrow the Syrian government. Taking out Stevens stopped that traffic in guns. That was the TRUE story behind Benghazi.

So, the weapons for war are on the street and in the hands of the drug dealers. So imposing regulations to stop the sales of assault weapons will not stop the problem. But this incident t presents a real clear and present danger. This shooter was crazy. He asked his sister to help him buy a gin and she said no. When he did get his hands on one, he killed his grandmother who probably saw mental issues in him.

So is there any Regulation That Might Work?

The problem here is he was crazy. I do not see any problem with having to prove you are of sound mind to buy ANY gun. In this case, it appeared that his family would have said NO. Perhaps it should require family consent but perhaps a mental examination as well. There should be a waiting period and perhaps a mental examination by three separate doctors in a blind test to certify that he is of sound mind.

Outlawing guns or even assault weapons will not address the issue. Someone can always get them from the black market. In this case, the shooter was clearly crazy. That type of person would more than like to try to buy a weapon at a gun store. I think the mental exam and family consent are more important than anything else. The Swiss have a militia-type system and most men must be trained and can keep their guns at home. Yet they have no real crisis in guns.

Guns do not kill – the Person Behind the Gun is the Killer

In Florida, a 10-year-old just joked about shooting up the school. Despite the fact that he did not actually possess a weapon to commit such an act. the police were notified and he was arrested. In Florida, they have a union with a task force for that purpose. In Japan, I guy killed people in a mod with a knife.

CANADA TO BAN HANDGUNS?

Of course, Trudeau is jumping all over this incident to ban handguns. This is the real goal because governments know that what is coming is a revolution for they cannot keep this system of endless borrowing forever. This is what the Great Reset is all about. Their quest to retain absolute power. Biden can outlaw particular types of guns, but not retroactively. He can force everyone to register their guns, and then if they fail to do so, imprison them under the same principle of a failure to file income taxes. They cannot imprison you for the failure to pay your taxes, only if you lie to them about what you owe.

Around 40% of US Adult Children Live with Parents


Armstrong Economics Blog/North America Re-Posted May 31, 2022 by Martin Armstrong

A large portion of the youth can no longer afford to live on their own. A new survey found that around 40% of parents in the US currently have an adult child still living at home. An additional 25% reported that their adult child temporarily lived with them but has since moved out. Of the 2,200 respondents, 33% said that their adult children simply could not afford housing on their own. An additional 33% said their child needed financial support after college, while 17% cited job losses.

This has darkened what should be the “golden years” for many Boomer parents. Around 35% said they could no longer afford their long-term goals, and 26% said supporting their adult children has hurt their short-term financial goals. An additional 14% said the added cost had limited their ability to save for future health care.

Previous generations could afford to go to school, work hard, buy a home, and start a family. That is no longer the case amid inflation at a 40-year high coupled with historically high housing and rental costs. The average federal student debt is $36,510 per borrower, while private student debt averages $54,921. Home buying is out of reach for many, as the current average price for a home in America is nearly half a million dollars. Even those with the best credit, and help from their parents, have been outbid by cash offers. Rental costs are through the roof, with the average one-bedroom going for $1,683 (22.1% YoY increase), but it is hard to find an available apartment as occupancy hit 97.5% in December 2021. This all ties in with the drastically declining birthrate as people cannot afford to support themselves, let alone a family.

The unfortunate state of the economy will lead to a new generation of frustrated individuals who are behind in life at no fault of their own. The government has killed the economy, and with it, the American dream.

Putin & Ukrainian Propaganda


Armstrong Economics Blog/Russia Re-Posted May 31, 2022 by Martin Armstrong

The rumors keep flying that Putin has cancer and has a maximum of three years to live. The stories are claiming he is ‘losing his eyesight’ but all of this is unconfirmed coming reports in recent weeks have suggested the 69-year-old president’s health has been deteriorating quickly. Much of this propaganda from Ukraine has been talking about a coup and all sorts of stuff.

Our model does not show that Putin will run again in 2024. That year will be monumental for the US presidential election is then as well and even Zelensky, the WEF’s puppet, will stand for election. Why people are putting out this propaganda that somehow if Putin dies, Russia can be vanquished is total nonsense. The second tier behind Putin are far more nationalistic and will definitely use nuclear weapons whereas Putin is at least far more rational.

Putin did NOT invade Ukraine to conquer it.  Even when the US attacked Iraq, the first thing you do is take out the power, communications, and then the water supply. Putin has done none of that has is doing what he said, defending the Russians in the Donbas. Crimea was always Russian and it was allocated to Kyiv (Russian: Kiev) by Khruschev in 1954 because (1) he grew up in the Donbas, and (2) he was in charge of Ukraine post-World War II and rebuilt it. It was his home.

The Eastern region of Ukraine was historically always Russian. Ukraine was created by the USSR – it did not exist as a country before. This idea put out by the Ukrainians that keep trying to paint Putin as dead or just put down a coup is all propaganda. Yes, he is sick. But this nonsense that somehow replaces Putin and Ukraine wins is tempting far worse a fate than anyone can imagine. The next level will be far worse and our model turns up sharply with civil unrest and war in 2023, but the worse is yet to come post-2024.

Gold v Dow v Theories


Armstrong Economics Blog/Dow Jones Re-Posted May 30, 2022 by Martin Armstrong

COMMENT: I just wanted to comment on your “Endless Propaganda Behind the Dollar.” I attended your 2011 WEC in Philadelphia. I bought the stock market using the Dow stocks when it was 12,500. Gold was about 1600 and your forecast that the high was in place was amazingly correct as it fell to nearly 1000 after that.

You have opened my eyes to the real meaning of Adam Smith and the wealth of a nation is the productive capacity not this archaic view of commodity-based money. I know friends who even lost their marriages over gold.

Some of us goldbugs do listen.

Thank you so much.

JE

REPLY: The wealth of a nation is its people and their productive capacity. Russia is the wealthiest nation in raw materials, it does not make them the #1 economy. Germany has kept its old-world economic model of export which is also a throwback to the olden days.  Germany has been obsessed with the Quantity Theory of Money because of the hyperinflation they totally misunderstood. As a result, they keep their taxes very high and the German people are among the poorest in Europe despite the fact they are the #1 economy in the EU.

It’s not just the goldbugs who have lost, but these theories have screwed up the world economy. The central banks employ them to stimulate or suppress our demand, which has also failed. We have had negative interest rates in the EU since 2014 and economic decline. They have increased the money supply with NO impact on inflation at all post-2008. The inflation wave now is ONLY because of the lockdowns and shortages. It is not DEMAND driven and the dollar is rising, so it’s nothing to do with these old theories.

It does not matter. There are people who will fight what I say until the end. On the close of January 1980, the euro equivalent was 12285 and on the close of January 2022, it was 11236 so the dollar has risen not declined. Gold was $653 at the close of January 1980 and $1796 at the close of January 2022 which was a gain of about 175%. Crude oil closed in January 1980 at $20.18 and in January 2022 it was $88.15 which was about a 340% gain. Wheat for the same period was up 65%. But the Dow Jones Industrial Index was 875 at the close of January 1980 and 35,131 at the close of January 2022 posting a gain of 3914%.

Facts mean nothing to the diehards any more than facts mean anything to the climate change zealots. Will gold rise? Yes! Does it have a place in one’s portfolio? Yes. Silver coins may be better for small transactions when there is no power. But what will happen is that governments, in a desperate act of self-survival, will shut down communications, seize the internet, and seek to oppress the people before the government falls in the end. The German Hyperinflation had nothing to do with the quantity of money. In December 1922, the government seized 10% of everyone’s wealth and issued bonds that they defaulted on. That “forced loan” began the hyperinflation. People kept tangible assets anything but cash – coins, stamps, art, real estate. That is what 2032 is all about. We get to redesign a new government from the ground up.

The Democrats claiming that Blacks are too poor and too stupid to have ID to vote is all about creating fake votes so they can win. Even in Mexico to vote everyone has a voter ID with a photo and a fingerprint with a hologram to prevent forgery. So Mexicans are smarter people than American blacks? You can not travel without an ID. You can’t say gee, I’m poor and black, but I need to get on this plane even if I have no ID. This is all total BS and it is a desperate act by the Democrats to rig the game to ensure they can stuff the boxes with fictitious people who vote for a living and probably do not exist otherwise. I have blacks who work for me and it is a matter of law they too must have a SS# so the government gets their taxes from them.

So, welcome 2032 – We get to start all over again.

Canadian Prime Minister Justin Trudeau Announces New Gun Control Legislation to Stop the Buying, Selling, and Transferring of Handguns Within the Country


Posted originally on the conservative tree house on Posted May 30, 2022

Today, Canadian Prime Minister Justin Trudeau has announced new legislation to freeze gun ownership in the country and block any further ownership. [Gov Statement Here] It certainly was a short trip from confiscating and seizing the bank accounts/assets of his political opposition, to removing guns from Canadian citizens.

Trudeau held a press conference to announce the new legislative measures which include “red flag” laws, and blocks on any further handgun sales.  Recap Video WATCH:

The details are HERE.

(Twitter Link – Link to Legislation)

Joe Biden Memorial Day Message, “The Second Amendment is Not Absolute”


Posted originally on the conservative tree house on May 30, 2022 | Sundance

The installed occupant of the oval office was asked today, “Sir, do you think there is anything different in how Republicans will approach the gun reform question now, given the circumstances?”  Within the response from Joe Biden {Direct Rumble Link}, he said this:

[Transcript] – “Look, when I first started doing hearings on the issue of what rational gun laws should be, it was during a period when I was a senator and the death rate was going up.  Not that many more people were being shot, but the death rate was up.  And when I think of — I’m not sure, I think it was (inaudible) hospital in New York — whatever the largest trauma hospital is. 

And I sat with a trauma doctor, and I asked him — I said, “What’s the difference?  Why are so many people…” — and not that many more people were being shot.  This is now 20 years ago, or 25 years.  I said, “Why are they dying?”  And they showed me x-rays.  He said, “A .22-caliber bullet will lodge in the lung, and we can probably get it out, may be able to get it, and save the life.  A 9mm bullet blows the lung out of the body.”

So the idea of these high-caliber weapons is of — there’s simply no rational basis for it in terms of thinking about self-protection, hunting.  I mean, I just — and remember, the Constitution, the Second Amendment was never absolute.  You couldn’t buy a cannon when the Second Amendment was passed.  You couldn’t go out and purchase a lot of weapons.”  (LINK)  WATCH:

Except for that “shall not be infringed” part.

DHS and Intel Community Media Outlets Proactively Move to Defend Dominion Voting Systems Ahead of Report on Electronic Election Hardware Issues Coming This Week


Posted originally on the conservative tree house on May 30, 2022 | Sundance 

The timing is not coincidental.  A 100-page report on electronic voting systems, by University of Michigan computer scientist J. Alex Halderman, remains under seal in a federal court in Atlanta as an outcome of election integrity lawsuits surrounding the Dominion voting system.  That report is rumored to be released soon, perhaps as early as this week.

In what appears to be a proactive move to get out ahead of identified voting system irregularities specific to the electronic voting systems, the Dept of Homeland Security, Cybersecurity and Infrastructure Security Agency (DHS-CISA), updated the election page on their website [SEE HERE] under the “Rumor Control” section.  DHS made the update on May 27, 2022, last week.

The very next day, May 28, 2022, The Washington Post produces an article [SEE HERE] describing an upcoming DHS-CISA 5-page memorandum that is in the process of being sent to the states ahead of a public release.

With the WaPo being the outlet of choice for the intelligence community & security state, it appears they received an advanced copy to help establish an early response effort.

Within The Post article, “there are nine flaws affecting versions of the machine called the Dominion Voting Systems Democracy Suite ImageCast X, according to a copy of an advisory prepared by CISA and obtained by The Washington Post.”  The article then goes immediately to downplay the problems. “The flaws, many of which are highly technical and which mostly stem from machine design as opposed to coding errors, generally require an attacker to have physical access to the devices or other equipment used to manage the election, CISA said.

[…] CISA’s five-page advisory is based in part on Halderman’s 100-page report, which remains under seal in a federal court in Atlanta. The advisory is expected to be released next week after officials in all 50 states are notified.

The WaPo article is filled with ‘nothing to see here, move along – move along,’ verbal engineering.

CNN then picks up the baton from the Washington Post, and they too tell their audience not to worry about any pesky evidence of election system vulnerabilities.  The professionals in charge of things have assured us there’s no problems and everything is fine.   After all, it would be far too difficult, and too many people would be involved, for there to be actual tampering and fraud in the use of the electronic systems.

(Via CNN) – Federal cybersecurity officials have verified there are software vulnerabilities in certain ballot-marking devices made by Dominion Voting Systems, discovered during a controversial Georgia court case, which could in theory allow a malicious actor to tamper with the devices, according to a draft analysis reviewed by CNN.

The vulnerabilities have never been exploited in an election and doing so would require physical access to voting equipment or other extraordinary criteria standard election security practices prevent, according to the analysis from the US Cybersecurity and Infrastructure Security Agency.

But because the subject is Dominion voting equipment, which has been the target of conspiracy theorists who falsely claim there was large-scale fraud in the 2020 election, federal and state and local officials are bracing for election deniers to try to weaponize news of the vulnerabilities ahead of midterm elections.

“While these vulnerabilities present risks that should be promptly mitigated, CISA has no evidence that these vulnerabilities have been exploited in any elections,” reads the draft CISA advisory, which the agency shared in a briefing with state and local officials on Friday. (read more)

For a group of government bureaucrats that are so confident there’s no ‘there, there‘, they sure are putting a lot of energy into delivering all the talking points ahead of the actual election reports and state advisories.

Meanwhile, Suspicious Cat remains, well, suspicious…