The Coming New York Exodus


Armstrong Economics Blog/USA Current Events Re-Posted Apr 14, 2023 by Martin Armstrong

A new study found that 27% of New Yorkers plan to relocate out of state within the next five years. New York once represented the symbol of American prosperity and growth. People dreamed of living life in the “Big Apple” and America’s international image was largely portrayed at the New York fairytale in films and books. Yet, New York no longer resembles what it once was.

The study said 70% of people are still happy to live there, but 30% wish they lived elsewhere. In addition to those who said they plan to leave within the next five years, 31% stated they plan to retire out of state. They did not poll respondents on taxes. Safety is one of the top concerns and the study shows that about half of respondents no longer feel safe in New York, with good cause. Two-thirds naturally said that the state is unaffordable.

“Democrats, those over 50, white residents and those 35-49 rate the state most highly while through the eyes of Republicans, independents, Blacks and those earning under $50K a year, the state receives the lowest grades,” a researcher said. It is hard to imagine someone earning under $50K could comfortably live in New York. The true problem is crime and the light on crime lawmakers who let violent criminals roam freely after repeated offenses.

Felonies in the city of NY rose 20.4% in 2022 compared to 2021. “Things in a large city aren’t supposed to grow that much or go down that much in one year,” said Former NYPD supervisor Chris Hermann, now an assistant professor at Manhattan’s John Jay College of Criminal Justice. “This is kind of like monumental kind of stuff,” he stated, “like once in a lifetime.” Rape cases increased by 17% in one year, grand theft rose by 25% (auto grand larceny by 32%), felony assaults increased by 15%, and burglary rose by 27%. NYC Mayor Eric Adams has failed at his job by emboldening criminals with relaxed laws.

Credit Where Due, Glenn Greenwald Nails This Discussion of Media and the U.S. Intel Leaks


Posted originally on the CTH on April 14, 2023 | Sundance 

There are times when CTH and the perspective of Glenn Greenwald do not align. This is not one of those times. {Direct Rumble Link Here}

In this segment with Tucker Carlson, Glenn Greenwald nails the agenda, motives and outcomes of the U.S. media as they relate to the recent classified intelligence leaks. This is a solid three-minute encapsulation of the problem. WATCH:

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Tucker Carlson Discusses U.S. Intel Leaks and Media Effort to Hide the U.S. Govt Lies


Posted originally on the CTH on April 13, 2023 | Sundance 

During his opening monologue tonight, Tucker Carlson outlined the latest developments on the U.S. classified information leaks and the media effort to avoid talking about the government lies within them.

It really is quite a remarkable development to witness in real time.  Corporate media, a completely collapsed fourth-estate, playing the distracting role on behalf of the intelligence apparatus they are supposed to keep in check.  WATCH:

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The Leak Was the Op – White House and Congress Demand New Powers, Think Restrict Act, in Aftermath of Classified Intel Leaks


Posted originally on the CTH on April 13, 2023 | Sundance 

Never letting a crisis go to waste is very useful tool, especially when the government creates the crisis.  As CTH has said from the first discussion of the classified intelligence leaks, the “leak is the op.”

The intel leak is the operation created by the Intelligence Community to support new expanded powers for the Fourth Branch of Government.  It should not be a surprise to discover the institution now leading the charge to give more power for U.S. intel agencies, is…. wait for it….. The Senate Select Committee on Intelligence.

The SSCI is the organizational institution that supports the Fourth Branch of Government, the intelligence branch.  The SSCI previously created a bipartisan Restrict Act, to deal with dangerous information on the internet.

According to SSCI Chairman Mark Warner, ‘The Restrict Act’ will give more power and authorities to the Executive Branch to deal with internet danger.  Now the SSCI sees the classified intel leaks as evidence for the importance of the Restrict Act.

Well, butter my buns and call me a biscuit, surprise-surprise!  Funny how that happens.

(Via NBC) – The Biden administration is looking at expanding how it monitors social media sites and chatrooms after U.S. intelligence agencies failed to spot classified Pentagon documents circulating online for weeks, according to a senior administration official and a congressional official briefed on the matter. 

The possible change in the intelligence-gathering process is just one potential shift as officials scramble to determine not only how the documents leaked but also how to prevent another damaging incident.

[…] The president and other officials were dismayed when they learned the documents had been online for at least a month.  “Nobody is happy about this,” said the senior administration official. 

The administration is now looking at expanding the universe of online sites that intelligence agencies and law enforcement authorities track, the official said.

[…]  If the administration tries to check online chatrooms more closely, it will have to navigate legal safeguards designed to protect Americans’ privacy and freedom of expression, former intelligence officials said.

Watching a public chatroom is fair game, but law enforcement agencies don’t have the legal authority to monitor a private online chatroom without probable cause, the former officials said.

“We do not have nor do we want a system where the United States government monitors private internet chats,” said Glenn Gerstell, former general counsel of the National Security Agency from 2015 to 2020. 

[…] Senate Intelligence Committee Chairman Mark Warner, D-Va., said the leak raised yet more questions about how the government manages its secrets, only months after revelations that successive administrations appeared to have mishandled classified documents.  […] “I think it’s time that Congress plays a role here in setting some parameters,” Warner said.  (read more)

Just a few “parameters“…

Swear.

Promise.

Uh huh….

The Restrict Act, also known as Senate Bill 686 [SB686 HERE], also known as the bipartisan bill to empower the executive branch to shut down TikTok.  Also known as the ‘online Patriot Act’.

The DNC and Marc Elias Disconnect


Posted originally on the CTH on April 13, 2023 | Sundance | 62 Comments

Several people have asked about a motive for the DNC to sever ties with long-time lead lawfare litigant Marc Elias.   [Story Here]

Remember, Elias proactively departed from Perkins Coie to carry out independent contractor operations and draw distance during his defense from indictment by John Durham.  Elias left Perkins Coie because the Elias’s relationship with the FBI was enmeshed within the Durham probe.  Perkins Coie needed to retain the FBI relationship, while it was in their best interest for the FBI silo to distance from the Elias litigation.

Marc Elias then went on to continue being lead lawfare for the Clinton elements of the DNC, while former AG Eric Holder is lead lawfare for the Obama elements of the DNC.  This internecine relationship inside the DNC club is important to remember.  There are two factions in the DNC, the Clinton aligned subset, less power, and the Obama aligned subset, more power.

Outside the club the downstream community organizations are similarly aligned.  We have the African Methodist Episcopal church (AME) and the similarly motivated Black Lives Matter network.  Then there’s the organized labor network consisting of the SEIU, AFSCME, AFL-CIO and UFCW.   Both networks provide foot soldiers and opportunity leadership for the DNC objectives.  There is always crossover, but Team Clinton and Team Obama are separate groups.

Barack Obama organized the merger between AME/BLM (James Clyburn) with Big Labor communists for 2020. That was the baseline for Obama/Clyburn picking Joe Biden to maintain Obama’s 3rd term interests and instruct all the other candidates to fall in line until they could get rid of Bernie Sanders.

From the construct of 2024… If the AME/BLM network was going to be the tip of the spear, the DNC convention would have been in Atlanta, Georgia (social justice theme).  If the organized labor network was going to be the tip of the spear, the DNC convention would be in Chicago, Illinois (communist theme).  The DNC picked Chicago ’24; that tells you who takes point on community organizing for 2024.  The communists are in charge.

This is the background to review the exit of Marc Elias.  With Big Labor taking point, and with team Obama in charge, go find where Obama has positioned Tom Perez and we will likely discover the opportunity for the DNC to depart with Marc Elias.  Marc Elias is the lead social justice lawyer, and Tom Perez is the lead communist lawyer/activist.

Washington Free Beacon – The Democratic National Committee has cut ties with Marc Elias, the party’s scandal-plagued election lawyer who was behind the infamous Steele dossier that falsely accused Donald Trump’s campaign of colluding with Russia.

The DNC and Elias are parting ways over “strategic disagreements,” according to Punchbowl News. It is a surprising divorce for the DNC and Elias, considered one of the Democratic Party’s top elections lawyers. Elias has worked for the DNC since 2009 and made over $1.9 million from the DNC this cycle alone. (read more)

For 2024, the professional communists (Obama’s community activist and labor pals) will be in charge of the DNC operations.  The social justice warriors are less valuable now. The communists are in charge.

From a strategic position, the DNC deemphasis on the social justice issues makes sense, as the RNC wing is ramping up operations against the current social justice positions via ‘wokeism’.  The social justice crowd will still exist, but the communists will be taking point to set the narrative and tone for the “equity in economics” policy platform into 2024.

If you remember the Obama activated battles with SEIU purple orcs in ’07/’08, well, prepare for that type of conflict in ’24 on an exponentially larger scale.

See how that works?

Enjoy the show.

Inflation Plateau Continues During March, Real Wages Shrink Again, Future Energy Costs Start to Rise Again with Oil


Posted originally on the CTH on April 12, 2023 | Sundance

In the latest round of statistics from the Bureau of Labor and Statistics (BLS) the March inflation data has been released [DATA HERE]. The Consumer Price Index (CPI) climbed 0.1% in March after advancing 0.4% in February.  This puts the 12-month CPI outlook at 5% inflation. [See Modified Table A on Left]

A 4.6% decline in March gasoline prices was offset by higher rental and housing costs.  That was the primary driver of the lowered inflationary data as gasoline is weighted heavier in the impact.

However, that said, gasoline prices are already rising again after Saudi Arabia and other OPEC+ oil producers early this month announced further oil output cuts.  This puts the April CPI data (starting to be assembled this week) on track to increase over March.

Overall, in the big picture the data shows the plateau of sorts as we described for this spring.  This plateau will be followed by another bump as a result of current input costs and prior energy costs traveling through the supply chain.

Energy services, electricity and natural gas, are stable but higher than last year.  The crop cycles carry those increased costs from field to fork.  Consumers cannot avoid those food prices increasing.  The more processing involved in the food sector, the higher the price increase.

Housing increases are another unavoidable cost and generally cycle with a lag within them.  As leases expire, the new lease rates increase accordingly.  The same is true for insurance rates.  Both unavoidable sectors have a rolling lag that hits the consumer upon renewal.

On the wage side [DATA HERE] wages went up .03% but the work week declined 0.3%.  Essentially nullifying earnings growth with fewer worked hours.  With inflation at 0.1%, real wages declined .01%.

For the total 12-month cycle noted by the BLS data, “real average hourly earnings decreased 0.7 percent, seasonally adjusted, from March 2022 to March 2023. The change in real average hourly earnings combined with a decrease of 0.9 percent in the average workweek resulted in a 1.6-percent decrease in real average weekly earnings over this period.” For the year, wages continue to fall far short of inflation; meaning real wages are negative.  Actual real wage growth has been negative for 24 consecutive months.

The main street economy is feeling all of these impacts.  The paper economy (Wall St) is not feeling these impacts at the same level.  The chasm between the haves and have-nots is widening.

Soros, Blackrock, and Bud Light (Ep. 1987) – 04/10/2023


The Dan Bongino Show Posted originally on Rumble on: Apr 10, 11:00 am EDT

Alvin Bragg Video Resurfaces


Armstrong Economics Blog/Corruption Re-Posted Apr 11, 2023 by Martin Armstrong

The video above is from two years ago. Alvin Bragg admitted that he helped “sue the Trump administration over 100 times.” Bragg says “rich old white men” need to be prosecuted and attempts to compare Trump to convicted rapists like Epstein and Weinstein. If a white guy said rich black guys it would be racist. His entire career has centered on attempting to bring Trump down by any means possible. He has already failed to bring down Trump “over 100 times,” and this is his last-ditch effort. Bragg simply has a personal vendetta against Trump and was elected for the sole purpose of removing Trump from the political arena.

Below is the full video:

When the Body Bags Start Coming Home


Armstrong Economics Blog/Politics Re-Posted Apr 10, 2023 by Martin Armstrong

The Neocons are on both sides of the aisle. In the Republican camp, of course, we have Lindsy Graham, but there is also Marco Rubio who has the audacity to tell Europe they better pick sides. Then there is Michael McCaul of Texas. Based on reliable sources, the military has been instructed to prepare for war. This is inevitable.

The Democrats intend to beat the war drums to make sure the Republican Neocons will vote with them. Biden intends to Run in 2024. The Neocons need him because he is senile and will say what they write on his cue cards and sign whatever they put in front of him. Blinken is the leader of the Neocons in the White House. They are pushing for war BEFORE the 2024 election for these people looks at war and that typically the president in power is always reelected in times of war. So, hunker down. Hide your kids. It’s off to war we go so Biden can be reelected. They thought Trump would be the Republican and Biden could beat him. That remains to be seen when the body bags start coming home. These people have no respect for the people or human rights. It’s all just a chess game to them.