Category Biden 2024

Aug 31 2023

Democrats and Republicans Agree – Biden is Too Old for Office


Armstrong Economics Blog/Politics Re-Posted Aug 31, 2023 by Martin Armstrong

Biden mumbles through every teleprompter script he’s forced to read. He is clearly suffering from a severe cognitive decline, and yet, his administration want to keep him in office. I believe this comes down more to cognitive functions rather than age, as Trump is considered an older candidate but extremely sharp. A new poll published by the Associated Press shows that Americans on both sides fear Joe is too old to run the country.

Overall, 77% of respondents said that Joe Biden cannot handle four more years due to his age. Around 89% of Republicans agreed, as did 69% of Democrats. Around half of respondents said that Trump, who is four years younger than Joe, is too old to lead. However, that view was overwhelmingly more present among Democrats.

Around 67% of respondents believe Supreme Court justices need an age limit, and 68% believe all politicians should be forced to retire by a certain age. We have 90-year-old politicians Dianne Feinstein clinging to both power and life. Senator Chuck Grassley remains in his position at 89-years-old. Pelosi was 5 when WWII ended. There are plenty of politicians who would be considered too old to be left at home alone, let alone to make major decisions on behalf of the public.

People hate Trump enough to vote for Joe Biden even though they know he’s unfit to serve. America needs term limits. I have long stated that permanent politicians must be removed from office. They are leeches to our society and serve no purpose other than serving themselves and their donors. Trump himself has stated that anyone running for the office of President of the United States should be required to take a full mental competency test. Age aside, look at people like Fetterman. Imagine if we allowed surgeons, pilots, or others in positions of power to work while knowingly mentally compromised? “Politician” should not be a permanent career choice, rather people should choose to serve their country for a fixed duration of time while bringing skills from other areas to the table.

Aug 29 2023

Politicians With Student Loans Push for Cancelation


Armstrong Economics Blog/USA Current Events Re-Posted Aug 29, 2023 by Martin Armstrong

Politicians will always vote in favor of their self-interests. The invisible hand is fully visible here. The Supreme Court reminded Biden that he could not bribe voters with taxpayers’ funds to cancel student debt. The enormously unpopular president needs all the bargaining chips he can get and continues fighting for student loan forgiveness. Democrats in recent history (see: Glass Steagall) could not care less about the students and handed them to the bankers on a silver platter with loans that could not be discharged in bankruptcy. As it turns out, numerous Democrats supporting this measure are seeking to have their own student loan debt discharged.

These politicians earn nearly $200,000 annually on salary alone and work a handful of days out of the year. They are unable to accomplish anything and leech onto the political system for as long as they can. At least 14 Democrats hold $1.7 million in combined student loans and none of them believe they should pay it back. Ninety Democrats recently penned a letter to Joe Biden asking him to cancel student debt by “early 2024,” meaning prior to the election. The far-left “Squad” members hold $200,000 in student loan debt, with AOC accumulating $50,000 in debt alone. Interestingly, she paraded around the Met Gala in a dress promoting socialism; tickets to that event were $50,000 per person.

According to the Washington Examiner, these are some of the politicians who will benefit:“That includes Ocasio-Cortez, Tlaib, Omar, Bowman, Reps. Grace Meng (D-NY), Jimmy Gomez (D-CA), Nanette Barragán (D-CA), Brendan Boyle (D-PA), Veronica Escobar (D-TX), Nikema Williams (D-GA), Salud Carbajal (D-CA), Jasmine Crockett (D-TX), and Greg Casar (D-TX). Separately, Rep. Jahana Hayes (D-CT) disclosed up to $250,000 in loans through the Education Department and didn’t sign the document.”

The penned letter to Biden highlights the impact that student debt has on Black and Latino families since they love to divide us by race. They are urging him to keep his promise of canceling up to $20,000 in debt for as many as 43 million Americans. Student loans have been postponed under the Fiscal Responsibility Act of 2023 due to COVID and will resume on September 1, 2023.

Everyone has had time to get their affairs in order. Those who blindly believed that Joe could make up to $1.6 trillion vanish in thin air need to go back to school. These socialistic policies force others to pay for services they did not receive. What about the people who chose not to attend school for financial reasons? Those who dropped out? Now they are expected to pay for others who actively made the decision to take on debt.

Aug 29 2023

COVID -II The Next Fake Plague to Control Civil Unrest


Armstrong Economics Blog/Banking Crisis Re-Posted Aug 28, 2023 by Martin Armstrong

They do not care about all the side effects and the number of people who have died. This is all about maintaining their control and power. So get ready for more lockdowns to suppress the rising civil unrest they anticipate will erupt because of their actions next year. As I warned previously, once they got away with the COVID Scam they would add this to their repertoire to impose it whenever they need to control the mob – we, the scum of the earth – the Great Unwashed.

Aug 26 2023

Here We Go Again – CNN Promotes US Intel Report of Russian Disinformation


Posted originally on the CTH on August 25, 2023 | Sundance 

Today is a good time to remind everyone that CNN represents the public relations arm of the U.S State Department.

Two overlays: first, most non-U.S. government entities regard CNN as the state run media for the U.S. State Department, because it is. Second, the U.S. State Dept is the umbrella organization for most global CIA operations. In essence, the intel community reports that surface from CNN are from the State Dept/CIA.

In this latest example, the unnamed U.S. intelligence officials are once again promoting the proactive narrative that Russian FSB services are responsible for manipulating smaller networks of U.S. social media accounts, resulting in a disinformation program that flows upwards into mainstream media.

I find it interesting that the State Dept/CIA would push this narrative immediately following the suspicious reports of Yevgeny Prigozhin killed in a plane crash.

Washington, CNN – Russian intelligence is operating a systematic program to launder pro-Kremlin propaganda through private relationships between Russian operatives and unwitting US and western targets, according to newly declassified US intelligence.

US intelligence agencies believe that the Russian Federal Security Service (FSB) is attempting to influence public policy and public opinion in the West by directing Russian civilians to build relationships with influential US and Western individuals and then disseminate narratives that support Kremlin objectives, obscuring the FSB’s role through layers of ostensibly independent actors.

“These influence operations are designed to be deliberately small scale, the overall goal being US [and] Western persons presenting these ideas, seemingly organic,” a US official authorized to discuss the material told CNN. “The co-optee influence operations are built primarily on personal relationships … they build trust with them and then they can leverage that to covertly push the FSB’s agenda.” (read more)

Of course, none of the article citations bear any fruit when reviewed.  However, that’s really not the point of the publication.  The point of CNN pushing the narrative is to support a domestic narrative engineering operation that will later surface.

Aug 22 2023

Biden Selling Border Wall Supplies to Ensure it is Never Constructed


Armstrong Economics Blog/Corruption Re-Posted Aug 22, 2023 by Martin Armstrong

It could not be any more evident that the Biden Administration is allowing a full-scale invasion of the US from the southern border. Trump asked for around $4 billion to secure the US-Mexico border wall, a small fraction of what the US is now spending on maintaining the countless illegal aliens. New York alone estimates they will need $12 billion over the next three years. These people who entered America illegally cannot work, pay taxes, or contribute to our society in any meaningful way. Their only means of survival are government handouts. There is a reason that there was a PROCESS for legal immigration that those who desired a better future with a path to citizenship. Now you can be poor or a criminal on the run and decide to seek asylum in Biden’s America. All of the politicians who champion sending hundreds of billion to secure Ukraine’s border voted against securing the US border. Their concern was not money. It is now clear that there is no plan to solve the migrant crisis because it was a deliberate and calculated invasion promoted by the US government.

Online auction house GovPlanet, specializing in military equipment, announced that it had sold 81 lots of steel “square structural tubes” that were intended to secure the border wall. The NY Post reported that GovPlanet sold that “surplus” for $2 million. Then they sold 729 of those beams for a mere $212 per piece. They are losing money by selling these items for pennies on the dollar, but time is of the essence for Biden as Republicans are proposing new legislation to reimplement the project. Biden wants to ensure that the wall is never constructed and has decided to throw away millions in supplies to keep the border open to everyone and anyone.

All of these supplies were purchased with US taxpayers’ dollars. Trump was mocked relentlessly for requesting a few billion to prevent this absolute madness. Republicans are now proposing the Finish It Act to ensure the government uses the $300 million of remaining construction material to secure the wall. Biden halted construction on his first day in office when he was instructed to undo every barrier to the Build Back Better agenda. He appointed Kamala Harris as the border tzar and she never bothered to visit because it was of no concern. They knew the plan — open the borders and let masses of people utterly dependent on the government in AND allow them to vote so they can keep their free meal tickets coming. This is absolute treasonous behavior; our own president is encouraging a mass invasion on American soil. Yes, our very president is hell-bent on destroying the country in any way possible.

Aug 22 2023

Biden Tells Maui Fire Victims: “We have a little sense, Jill and I, what it’s like to lose a home. […] I almost lost my wife, my ’67 corvette and my cat.”


Posted originally on the CTH on August 21, 2023 | Sundance 

This is, um, well, exceptionally creepy in both the context (it’s a lie) and the content, as a comparison to the pain felt by Maui victims.  If I did not see this on video, I would almost not believe it.

“We have a little sense, Jill and I, what it’s like to lose a home. […] I almost lost my wife, my ’67 corvette and my cat.”

It never happened.  Biden is telling that completely false exaggerated story again.  WATCH (prompted):

.

Aug 21 2023

The Death of Mainstream Media?


Armstrong Economics Blog/Press Re-Posted Aug 21, 2023 by Martin Armstrong

QUESTION: Hello, Mr. Armstrong; Being a European and looking in the window of America, how can Americans hate Trump so much and overlook Biden and Hunter? America is becoming the laughingstock of the world. They want to imprison Trump and let this senile man and his corrupt sun corrupt the world and create a war that will destroy Europe. If Biden allows all your illegal aliens to flock into your country to vote, we should also have a right to vote since your President seems to dictate to the world.

ANSWER: Our media cannot ignore the corruption of Hunter. They pretend it has nothing to do with his father and then claim the American people do not care. They want the death penalty for Trump, and CNN will rejoice.

In the revolt against Henry VI and the corruption of the Deep State, Shakespeare said the first thing we do is kill the lawyers, who were the king’s prosecutors. This time someone may be writing about this collapse in government and saying the first thing we do is hang the journalists. I strongly suggest that anyone who has children working for these news organizations, they better find a different job. They may not want to be looked upon with the same disdain in the years ahead.

We can see what CNN did to Warner Brothers. Their shares collapsed from $78.14 to $9.49 – that was an 87.8% decline! This is like Great Depression. There was a shake up, and they have been trying to move back. But with the volatility rising from 2024, honest reporting remains an unattainable dream.

Aug 11 2023

FBI Carry Out Hit for Joe Biden


Armstrong Economics Blog/Tyranny Re-Posted Aug 11, 2023 by Martin Armstrong

We all know that the intelligence agencies have become President Biden’s personal Gestapo. Biden is now permitted to carry out hits on those who defy him. Craig Robertson, a Utah resident, threatened the president on social media. Robertson is now dead.

“I hear Biden is coming to Utah. Digging out my old ghille suit and cleaning the dust off the m24 sniper rifle. welcom, [sic] buffoon-in-chief!” the Utah man posted online two days before his death. Do you know how many people have threatened to murder Trump and his family? One has-been comedian even posted images of herself holding what appeared to be Trump’s severed head. Nothing happens when baseless threats are made unless there is a genuine threat to the safety of the president. We have (had) free speech but now the law is listening in to everything we say and do online.

The FBI raided Robertson’s home on Wednesday, before the president was set to arrive in Utah.  “The FBI is reviewing an agent-involved shooting which occurred around 6:15 a.m. on Wednesday, August 9, 2023, in Provo, Utah. The incident began when special agents attempted to serve arrest and search warrants at a residence. The subject is deceased. The FBI takes all shooting incidents involving our agents or task force members seriously. In accordance with FBI policy, the shooting incident is under review by the FBI’s Inspection Division. As this is an ongoing matter, we have no further details to provide,” the spokesperson said.

Robertson had also posted about wanting to murder D.A. Alvin Bragg and California’s Gov. Newsom. They claimed Robertson’s misspelled social media post broke federal law through interstate threats, influencing, and impeding and retailing against federal law enforcement. He was also charged with threatening the president. Again, you can scroll social media and see countless threats toward Republican politicians. It is not right but no one bats an eye, let alone sends a kill squad to their personal residence.

The Secret Service also commented on the incident. “We are aware of the FBI investigation involving an individual in Utah who has exhibited threats towards a Secret Service protectee. While we always remain in close coordination with the Bureau, this is an FBI-led effort and we refer any related questions to the FBI and DOJ,” the spokesperson wrote. No one mentioned if this man had a plan in place, all they said is that he was a gun owner.

We now must be very careful of what we say. We cannot joke or make note about our Dear Leader. Big Brother is watching everything you do and say online and there will be repercussions for those who threaten  “the big guy.”

Aug 11 2023

JUST US – The Rising Tide of Civil Unrest


Armstrong Economics Blog/Civil Unrest Re-Posted Aug 10, 2023 by Martin Armstrong

I have said that the reason they indicted Trump’s valet as a co-defendant in the Mar-a-Lago, was to pull the standard “extortion” where he is to perjure himself for the government or face 120 years in prison. This is how they win Conspiracy Cases. Federal Judge Jed. S. Rakoff wrote a book on the extortion process – WHY THE INNOCENT PLEAD GUILTY AND THE GUILTY GO FREE.

They cannot win a conspiracy case without extorting someone to testify against their target. That was the problem they had in my case, there were no co-defendants. Both Trump’s case and the state of allegations against the Biden family from whistleblowers illustrate how the Rule of Law in the United States no longer exists. This is the final straw behind the collapse of the United States. The allegations against Assistant U.S. Attorney for Delaware Lesley Wolf claims that she warned Hunter Biden’s attorneys about potential scrutiny on a storage unit the first son used. For the prosecutor to call and warn Hunter’s lawyers where the IRS wanted to look for the smoking gun is just unimaginable. This has become a shit show and whatever integrity the United States once had in support of life, liberty, and happiness being the beacon of freedom to the world no longer exists.

Then we have this Special Prosecutor using a pro-government grand jury in Washington to indict Trump when the case would have to be brought in Florida under the venue requirement of the Sixth Amendment, which is a constructive amendment of the Constitution. The King would indict you in London, then transport you back to London for a trial because the American colonists would have delivered a fair verdict. This is why the Sixth Amendment clearly states:

Amendment VI

In all criminal prosecutions, the accused shall enjoy the right to a speedy and public trial, by an impartial jury of the state and district wherein the crime shall have been committed, which district shall have been previously ascertained by law, and to be informed of the nature and cause of the accusation; to be confronted with the witnesses against him; to have compulsory process for obtaining witnesses in his favor, and to have the assistance of counsel for his defense.

This is precisely where this Special Prosecutor is going. Indicting Trump in Washington where the grand jury will be more likely than not government employees and Democrats, but the venue clause requires Trump to be charged where the crime took place and that is Florida. Smith is doing the EXACT same thing that the King of England did for which we had a Revolution.

They did not prosecute Richard Nixon and they did not prosecute Bill Clinton when they also had him on perjury charges. Hillary’s private servers with classified documents were set up so her emails would not be accessible under the Freedom of Information Act had they gone through the State Department, which was obstruction of justice. Nobody was ever charged because it would have resulted in civil unrest since the country would be divided. This time, they just do not care. It seems as though they KNOW this will cause civil unrest and they want that to unfold so they can justify even more crazy actions of locking us down again.

30 years ago, Washington was always corrupt. The difference was they at least tried to hide it. Today, they no longer care what you think because they will rig the election and you are no longer needed. The corruption is just open and they are laughing at us all the time as we are a gaggle of fools.

The one thing many people are noticing is that tensions are rising. People are frustrated. Some are stabbing people in shopping malls all of a sudden and others get killed over a parking spot. The COVID lockdown has unhinged many and society is becoming more hostile year by year. This is also a precursor to the rising civil unrest we see coming.

These are forecasts made years in advance. We had a serious Directional Change in 2022 and we were expecting a rise in 2023 with this all exploding by 2025. These people really think that they can do whatever they want because we will shut up and do as we are told. This is going to erupt and this 2024 election will be rigged and the entire world will know that because they no longer care to even hide their agenda.

Aug 10 2023

Western Sanctions Not Impacting Russian Economy as Much as Expected


Posted originally on the CTH on August 9, 2023 | Sundance 

I have been researching the MACRO economic dynamic in Russia quite deeply for the past six months.  Essentially looking to discover not only what impact the western imposed sanctions might be having, but more broadly looking to see what happens to self-sustainability when essentially locked out from the world of commercial imports.

The research is fascinating, not simply because it is a unique opportunity, but also because national economic issues play a big role in the overall social dynamic.  That said, I can say the social aspect is stunningly more interesting than the data driven outcomes.  When you really dig deep into actual life of the ordinary people in Russia, far away from the geopolitical contexts, you get an entirely different perspective.  My worldview of the average Russian person/family has completely changed.

There is a really good thread on how the western sanctions against Russia are having a much lesser impact than initially thought [SEE HERE].  On the economic side, one thing I would point to is how the economy is essentially an outcome of two facets: (1) the internal production strength, and (2) the service side of the ledger.

[READ HERE]

The author makes the accurate point that from a production side perspective, Russia actually has a larger economy now than Germany, the largest EU nation.  The cause for this is “autarchy” or self-sufficiency.  Indeed, as the timeline of the sanctions closes in on the second year completing, the Russian production economy is even stronger than when the sanctions began.  Quite simply, they are making even more of their own goods now.

The sanctions hit what would typically fall into the service side of the economy, as well as financial and economic roadblocks.  However, that aspect of the Russian economy was much smaller than most suspected and there were sanctions going back to 2014 which made the outcome of the 2022 western imposed restrictions less impactful.

I will be finishing my review of the economic data once Q3 is over, that will give me an entire year of data to share.  However, the social stuff is even more fascinating.

I have a new understanding of why former NSA contractor Edward Snowden was so comfortable using Russia as the place to hide after his release of classified intelligence showing how the U.S. government was spying on Americans via social media and metadata collection.

I have mostly been looking at three areas in Western Russia.  Kazan, Moscow and St Petersburg (formerly Leningrad).  Of the three generally large metropolitan areas, St Petersburg is by far the most interesting.  It’s beautiful there and the city is alive and vibrant.

In many ways you might compare Russia in 2023 to the USA in/around 1988.  Life is just not complicated and far more socially engaged.

I’ll have more on this later, but if you are ever bored check out the Russian YouTubers who livestream broadcast “a day-in-the-life” type of activity.  The infrastructure is in generally good repair, the people seem warm and friendly and there is a strong social value placed on family and kids.

There are certainly negatives and the cultural dynamic of the former USSR is still evident.  Technologically they are somewhat behind in some details, but the overall cohesion of their value system is something I did not fully appreciate until I started down this road of research.

I can see why the average Russian could be wide-eyed during a visit to the USA and fascinated with the overall quality of life that might be considered indulgent.  However, I can also see how reciprocally the average American could be wide-eyed and smiling at the overall sense of the Russian people.

Strip out the politics, and we are all much more similar than we are different.