Anchorage Mayor to Fly Homeless to Los Angeles




Armstrong Economics Blog/USA Current Events Re-Posted Aug 1, 2023 by Martin Armstrong

“We are going to offer them a chance to stay warm this winter,” Anchorage, Alaska, Mayor Dave Bronson stated regarding the growing homeless population. Eight people died of exposure last year, and Bronson said it is cheaper to pay for a one-way flight than to create makeshift housing. Bronson said a one-way ticket to LA would cost the city about $286 per person. In comparison, the city would need to spend over $100 daily for temporary shelter.

The program has not been funded or approved. Obviously, LA is not too happy about the announcement. “Someone says, ‘I want to go to Los Angeles or San Diego or Seattle or Kansas,’ it’s not our business,” Bronson said of their final destination. “My job is to make sure they don’t die on Anchorage streets.” About 40% of Alaska’s population lives in Anchorage, but they host 65% of the homeless population. “The taxpayers to whom I’m responsible to can’t keep footing the entire bill,” he said. “We need a statewide solution to a statewide problem.”

LA Mayor Karen Bass declared a state of emergency in 2022 regarding the growing homeless population. “It will create the structure necessary for us to have a true, unified and citywide strategy to set us on the path to solve homelessness,” Bass said after promising to house at least 17,000 people during her first year in office. This was before the US-Mexico border was opened to the world. The homeless population in LA continues to grow at a record pace.

No one knows exactly what to do about the growing homeless problem in America. Our politicians are willing to send hundreds of billions to Ukraine but refuse to address the issues we face at home.

The Biden Administration From Hell


Armstrong Economics Blog/WOKE Re-Posted Aug 1, 2023 by Martin Armstrong

I have dealt with governments around the world. NEVER in my entire career have I EVER witnessed an administration so intent upon pushing a dictatorial regime that is so against the founding principles of a free society as this Biden Administration. To be VERY clear, this really is not an attack on Biden personally. He is not the one calling all of these insane shots designed to undermine the very fabric of the nation because stupid zealots in so many fields think they have the right to change society to conform to what they think it should be. That is what Karl Marx tried with communism – remove all personal wealth and control the business cycle.

With absolutely NO science behind any of these agendas from transgender pushing, those who go through this procedure have a significantly higher rate of suicide. Instead of ending discrimination, it has caused it and all of this is to push an agenda of reducing population. Just as the BLM movement was taken over for a covert agenda. The same is taking place with this Pride agenda where gay people are getting thrown into the same cauldron as Transgender. The White House does not do the same for all the other groups or religions.

Then we have the CDC moving COVID vaccines to be an annual shot. They are too busy taking money from Pfiszer to protect the people anymore. I know people who have died, others who have heart problems, and even my lawyer took the shot so he could travel, got blood clots, and not can no longer fly. This is outrageous! My next-door neighbor had COVID and was forced to get vaccinated to go on a family cruise. She was 27 and rushed to the hospital, and almost died the day after being vaccinated. I’m sorry, but these vaccines are not traditional, and there is no long-term risk assessment. Mandy Cohen should be in prison for abandoning her fiduciary duty to protect the public.

Then we have the cleanest fossil fuels being outlawed by this insane Biden Administration that has been taken over by every insane group possible. I grew up with gas heat and a stove. They want to claim that such a small fraction of people warrant shutting down this entire industry. What about smoking? How about peanuts? I have been on a flight and you were not allowed to have a pack of peanuts because one person was extremely allergic to peanuts.

Then we have the Neocons who run the White House and push us into World War III. Now, Blinken, the current leader of the pack in the White House, publicly says nuclear war is no worse than Climate Change. So don’t worry; it will be no big deal if he starts pushing buttons and China and Russia.

The Neocons have already destroyed the world economy with sanctions against Russia. Now you have the death of the SWIFT system and alternatives from China and Iran, so now the threat of removing a non-compliant state from SWIFT no longer has the power it once did.

And now they are moving for a totalitarian state eliminating all cash and moving to a digital currency so they can regulate what you are allowed to buy and sell and make sure they collect every penny of tax they think you have. Just one EMP pulse, even from a nuclear blast, will wipe out electronics, and your wealth will vanish overnight.

This Biden Administration is the final straw that is destroying America. It will never be the same; instead of unity, they create division on every front. Even the EU is moving to separate from the United States policies.

Nothing Says Guilt Quite Like These DOJ Cleanup Efforts – Justice Dept Sends Follow Up Telling Judge They Are Not Trying to Block Congressional Witness Testimony, Pinkie Swear


Posted originally on the CTH on July 30, 2023 | Sundance 

Nothing highlights a guilty intent quite like Main Justice backtracking to tell the judge their prior request was really, double dog swear, not intended to intimidate a congressional witness just a few hours before the testimony. [SOURCE]

But seriously….  We all know what this is.  The weaponization of the DOJ is the #1 topic of national discussion; even when they pretend not to notice the weaponization of the justice system is the #1 topic of national discussion.

Main Justice, a network of affiliated Lawfare minds, runs in an echo-chamber of ideological group think.  There’s no one in the room to say, ‘hey guys, um, hold up – this looks like weaponization, targeting and witness intimidation‘, because they really are weaponizing, targeting and intimidating witnesses.

Then suddenly when the world says, ‘damn, do you see this example’?  Suddenly, the corrupt frenzy boil slows to a simmer and the ‘whoops they can see us‘ backtracking begins.

Suspicious Timing – DOJ Sends Letter Asking for Fast Sentence Against Hunter Biden Witness, Devon Acher, on Eve of Congressional Testimony


Posted originally on the CTH on July 30, 2023 | Sundance 

On the eve of very high-profile House committee testimony by Hunter Biden’s business associate, Devon Archer, mysteriously the DOJ from the Southern District of New York asks Judge Ronnie Abrams to schedule a date for Archer to report to prison in an unrelated case.  If the SDNY was attempting to threaten or intimidate Archer in advance of his testimony, this is the path they would take. {Direct Rumble Link}

As noted by Politico, “The court isn’t expected to make a decision before Archer will meet behind closed doors with the House Oversight Committee, meaning that even if the court ultimately sides with the request Archer wouldn’t have to report to prison before the meeting. And his attorney said in a statement that he will move forward with his planned appearance Monday.”  However, the timing of the letter on the weekend before the testimony looks transparently motivated.

House Oversight Committee Chairman James Comer discussed with Maria Bartiromo earlier today.  WATCH:

“I don’t know if this is a coincidence, Maria, or if this is another example of the weaponization of the Department of Justice. But I can tell you this, the lengths to which the Biden legal team has gone to try to intimidate our witnesses, to coordinate with the Department of Justice, and to certainly coordinate with the Democrats on the House Oversight Committee, to encourage people not to cooperate with our investigation, to encourage banks not to turn over bank records, to encourage Treasury not to let have access to those suspicious activity reports, It’s very troubling. I believe that this is another violation of the law. This is obstruction of justice.”  ~ James Comer

Full Interview Below.

.

CBDC & the Fall of Western Society


Armstrong Economics Blog/Cryptocurrency Re-Posted Jul 28, 2023 by Martin Armstrong

QUESTION: You said that when Rome fell it took 700 years before gold coins reappeared. Are we facing something like that again?

PO

ANSWER: Yes, when Rome fell, gold continued in the East under the Byzantine and Islamic Empires. However, in Europe, the last Western emperor was Romulus Augustus (475-476AD) who was a puppet anyhow. He was a young son, whereas today, we have senile leaders who are puppets and incapable of independent rational thought. The first gold coin to reappear in Western Europe was that of Frederick II of Sicily (1231-1250AD). The Augustale was a gold denomination of about 5 and a half grams which Frederick II introduced to Sicily in 1231AD, and it was primarily issued for international trade.

Fibonacci-1

Actually, Fibonacci (1170-1240 AD) published in 1202 his “Liber Abaci” (Book of Abacus). He introduced Hindu-Arabic numerals into Western culture. Suddenly, this allowed the calculation of numbers that were not taught in schools and was unknown in Christian circles. Only a very small group of intellectuals had access to translations of the Arab mathematician al-Khwarizmi (780-850 AD). The techniques that Fibonacci introduced were groundbreaking to re-establish a culture that lost its identity with the fall of Rome. Fibonacci illustrated practical problems on how to calculate profit margin, money changing, barter, conversion of weights and measures, partnerships, and, last but not least, interest. He also introduced some geometry and algebra.

However, Fibonacci’s work was so earth-shattering it became the topic of discussion and caught the attention of King Frederick II of Sicily. I believe it was Fibonacci’s introduction to mathematics that also inspired Frederick II to even reintroduce gold coinage in order to trade with the outside world. At the time, that included the Arabs as well as the Byzantines. The gold dinar was the Islamic medieval gold coin first issued in 696–697AD by Caliph Abd al-Malik ibn Marwan with a weight of 4.25 grams. Frederick II made his coin about 1 gram heavier in order to project economic power.

The introduction of CBDC is highly dangerous in war; even a nuclear blast also sends out an EM pulse that will destroy electronics. If I were Russia or China, I would NOT move to any sort of digital currency and then use an EMP against the United States. The entire economy would collapse. People would not even be able to buy anything. We have idiots in power who are so greedy, looking at the power this will place in their hands, they are ignoring the risks. This could mark the collapse of Western society, sending us back to the days of Barter.

The Post-2032 era would most likely be fragmented rather than national states as we know them today. There will most likely emerge regional currencies, as we have witnessed throughout history many times. Even during the Great Depression, over 200 US cities resorted to issuing their own money.

Mr. Speaker!…


Posted originally on the CTH on July 27, 2023 | Sundance 

I tap my glass loudly with a spoon from the back of the room….

The House Oversight and Government Affairs Committee has a team of lawyers and staff.

Evidence in public shows the sitting president of the United States took payments from foreign business interests in a scheme to use the power of the U.S. government to influence foreign government policy and protect/enhance the business interests of the people who paid him.

To wit…. The Republicans in the House of Representatives have thousands of Joe and Hunter Biden bank records, hundreds of trace records for wire transfer statements and payments, hundreds of reported U.S. Treasury suspicious activity reports, thousands of emails and subpoenaed text messages, audio and video recordings, thousands of photographs, access to the laptop of Hunter Biden and all the content therein, documented witnesses to the activity, testimony under oath corroborating how the Bidens collected tens of millions from foreign nations as unregistered foreign agents which was subsequently laundered through 20 shell companies.

The House committee also has FBI witness reports (FD-1023) from verified and reliable Confidential Human Sources who documented the intent and purpose of the transactions, along with US government attorneys in Philadelphia who investigated and confirmed the substance of the confidential human source allegations therein. Additionally, the Republicans in Congress have sworn affidavits and testimony from two IRS whistleblowers who testified the US attorney in Delaware was working with the U.S. Dept of Justice in Washington DC to bury the results of the investigation.

Lastly, and most recently, the Republicans have a transparently corrupt federal plea agreement rejected as presented by U.S. District Court Judge Maryellen Noreika, because the intent of the construct was to protect the son of the President of the United States from legal exposure within the business that provided the material wealth for himself and the family of the President, providing immunity for their Foreign Agent Registration Act violations…

….And the Republican Speaker of the House is letting the Republican controlled Congress go on vacation for the next two months.

All of this,…. ALL OF THIS…. while the former Republican president and current 2024 election front-runner is being railroaded by the same Dept of Justice the Speaker refuses to confront.

Illogical Ship of Fools


Armstrong Economics Blog/Gov’t Incompetence Re-Posted Jul 27, 2023 by Martin Armstrong

COMMENT: Thank you for your private blog on interest rates. We seem to have the dumbest people in government possible. How could they sell debt when China was the largest holder and then threaten them with war over Taiwan? A third-grader would see the illogical assumption in this position. If they cannot sell the debt, then interest rates must rise. Only a fool would disagree with that. We are obviously on a ship of fools.

HK

ANSWER: You do not buy the bonds of your enemy so they can buy weapons to wage war against you. It just does not make any sense.

Why Would NBC Be Stalking Members of Special Counsel Jack Smith’s Grand Jury?


Posted originally on the CTH on July 27, 2023 | Sundance 

Just a small detail, apparently of no consequence for those who seemingly overlook such things; however, NBC is admitting to not only knowing the identity of the DC grand jury, but actually following them around and noting their activity. [SOURCE LINK]

Nothing like a little spotlight pressure to keep all the DC participants on the right path.  Nudge-Nudge, Wink-Wink, Say-no-More.

Worth noting Valerie Jarrett’s daughter, Laura Jarrett, is a member of the NBC surveillance team [link here], reporting her findings to NBC headquarters.

Lest we forget, it was NBC who ended up getting caught for tracking and conducting surveillance on jury members in the Kyle Rittenhouse case [link here], eventually leading to the judge needing to ban them from the courthouse.  Just saying.

[Source Link]

I doubt the DC grand jury pool needs guidance from the media on what the community expectations are.  👀

Details of Now Collapsed Federal Plea Deal with Hunter Biden Leaked to Politico


Posted originally on the CTH on July 27, 2023 | Sundance 

UPDATED – To add court transcript for context.

First things first, it’s Politico!  When the Dept of Justice or FBI need to frame a narrative particular to their interests they use Politico and the New York Times. Keep this in mind.  When Main Justice needs to position themselves, they leak to NYT and Politico. All leaks are purposeful.

Politico has received a copy of what is claimed to be the original Hunter Biden plea agreement between the USAO in Delaware and the Biden defense team.  This is the plea agreement that was challenged by U.S. District Court Judge Maryellen Noreika, who was concerned the structure of the deal appeared to be creating immunity from prosecution for crimes that might come out of a now admitted, ongoing investigation of Hunter Biden; those crimes may include FARA violations.

[Politico Article Here]
[Plea Agreement and Attachment #1 Here]
[Diversion Agreement and Attachment “A” HERE]

The core issue centers around what appears to be clear coordination between the USAO, likely with the approvals of Main Justice (Monaco, Garland) and the Biden defense team, to structure the wording and placement of legal mechanisms inside the plea agreement to not only excuse the current criminal infractions, but also protect Hunter Biden from future criminal liability.

Essentially, all previous activities by Hunter Biden would be immune from prosecution, up to the date of his signing of the plea agreement.  A blank slate retroactively, with all exposure for criminal conduct removed.   The conduct surrounding the immunity is outlined in “Exhibit 1” and the “Attachment A” which was filed under seal.

[Source Link]

Attachment A” as above, was filed under seal.  Apparently, leaked to Politico – despite not being part of the public court record.  It is obvious to those who deal in such matters, the attachment was likely written by the Biden defense team and not the US Attorney Office in Delaware.

“Exhibit 1”, assembled with the statement of fact, is highlighted below and represents the second set of standards to frame the legal immunity from prosecution.  Despite an ongoing investigation, anything that would fall into the parameters of Attachment-A and/or Exhibit-1 would be part of what the DOJ is saying would not be criminally prosecuted.

Biden would be excused from “any federal crimes” that touch on these issues and result from the ongoing investigation.  This is what the judge ‘reportedly‘ took exception to.

[Source Link]

While the gun crime and the tax violations are the face of the legal immunity (the admission of guilt and plea), avoiding criminal liability for the underlying activity that created the income is the issue that appears to be structured by the plea as an ancillary, albeit purposeful, protection.

UPDATE: The transcript of the court hearing shows the context of the dynamic at play. [TRANSCRIPT LINK] U.S. District Court Judge Maryellen Noreika is questioning USAO David Wise about the nature of this plea agreement, and the construct of how the agreement not to prosecute is buried in paragraph 15 of the diversion agreement.

It will be interesting to see how this goes.

This is a critical moment for the DOJ, particularly Deputy AG Lisa Monaco and Attorney General Merrick Garland, as the transparency of the “dual justice system” is represented within the collusion between the USAO in Delaware and the representatives of the Biden family.

There is an obvious intent by Main Justice to protect the Biden family, a political motive, as well as maintain protection of the corrupt DOJ institution itself behind the shield of an “ongoing investigation.”   Questions cannot be answered because an investigation is “ongoing,” you know the game.

The House Oversight Committee and Biden Investigation


Posted originally on July 25, 2023 | Sundance 

CTH has never pretended or played the game of pretending, but several people have discussed the House Oversight and Government Reform Committee against the backdrop of the Joe and Hunter Biden investigation.  Thus, some general reminders about inside DC politics are perhaps valuable.

The House Oversight and Government Reform Committee, hereafter called the House Oversight Committee or HOC, has a very specific function in DC that too few understand.  Once again, let us be clear while trying to explain decades of false information founded upon arcane legislative outlooks.

This article is specific only to the House Oversight Committee.

Within Washington DC, the HOC has a very specific and unique function.  What Fox News is to corporate conservative punditry, so too is the HOC to the same DC system of pretending.  The House Oversight Committee is the “Chaff and Countermeasures” committee.  The HOC operates for both parties with the same mission.

In recent years, the appearances by various DC politicians on the Sean Hannity show should serve as a key indicator for the Chaff and Countermeasures operation.   If the politician is on the Hannity ‘tick-tock’ show, you are watching countermeasures.  We are not yet at the point where this is widely understood, it will be for the next generation to look back and expose it.

♦ HOC – The House Oversight Committee was/is created by the House legislative leadership to make money for the party in control of the Chair.  When the House Speaker is notified of a DC corruption issue, inside his/her office they will often be heard saying, “give it to oversight.”  The intent of that instruction is to give the issue to the HOC, so they can hold hearings, create soundbites and fundraise from the issue.

Making money for the party in control of the Chair is the primary function of the House Oversight Committee.  The HOC does not exist to create accountability or oversight; the HOC exists to exploit the issue for fundraising and satiate the base voters of the party in control of the Chair.  The HOC presents the illusion of accountability by constructing soundbites and member performances which are then broadcast on television for appearances to the voting audience.  It is essentially theater.

The HOC is a “general oversight’ committee, not a committee of “specific jurisdiction.”  Thus, the HOC is the vehicle where Democrats and Republicans publicly display their political initiatives, frame their narratives and then broadcast them on MSNBC, CNN (Democrats) or FOX NEWS (Republicans).

Depending on the issues at hand, the HOC committee members are generally those performance actors best known to the audience of both parties.  This is not accidental; this is by design.  Again, for emphasis, I am only talking about the HOC, a “generalized oversight” committee. Only this specific committee has this specific mission.

A hot button topic enters the committee ecosphere. Specifically trained staffers and performance artists, uniquely qualified to put on theatrical productions (both parties), are then deployed to assist the representatives in creating the soundbites that hopefully will go viral and assist them with fundraising and opportunities to say, “here’s what we are doing.”   Outlining this construct is not an exhibition in cynicism; this is the reality of what the HOC is designed and created to do.

When you see the HOC performing at their best, you will see lots of soundbites created.

The Chair of the HOC is always part of the House Speaker’s close inner circle.  From that association you will discover by training, by habit and by consequence, the HOC framework is developed to sustain the process itself as an end result.

The questioning is the sum total of all accountabilities.  The performance is the interview; the conversation is the point; the smoke is the fire.

Oversight, in the HOC framework of narrative creation, has evolved into reveling in the endless process (a fundraising proposition) and, as a consequence, it completely ignores the end point, misses the bottom line, doesn’t actually SEE the subject matter, and never actually applies accountability toward what might be discovered.  This is why you end up with high blood pressure, frustrated with the questions not asked, and throwing bricks at the screen or monitors when viewing.

The point of HOC hearings is to create what are now described as “viral moments” that can be used to generate money.   The second, and lesser objective, is to give the illusion of accountability while not actually ever holding anyone or anything accountable.  See prior HOC reference points like Fast and Furious, IRS targeting, Benghazi, the Twitter Files of the most recent Hunter and Joe Biden bribery schemes.

If you watch the HOC Twitter hearing through the prism of expecting some form of accountability for the pay-to-play corruption, you will be frustrated and disappointed.  However, if you watch the HOC hearings through the prism of how well the panelists will do at raising money from their performances, then you can evaluate the effectiveness – the proverbial winning and losing.

The HOC is designed by House leadership to perform the same basic function for both Democrats and Republicans.  The HOC committee assignments are selected based on the theatrical skills of each representative.

This is not to say the motives of the members are sullied or impure, it is simply to point out the motive of the committee itself is to generate fundraising from the skillsets of the members on the committee.

Once you fully grasp what the intent of the House Oversight Committee is about, and once you drop the expectation that any accountability in oversight is the intent, then you can watch the performances through the entertainment prism of partisan politics and genuinely enjoy them.  There are, after all, some exceptional soundbites and moments created by the hearings themselves.

The HOC is called the “Chaff and Countermeasures” Committee, because that’s essentially what the committee does.  The committee gives the appearance of targeting, steers the target to a controlled destination, and then distracts the audience from the outcome of accountability.

If sunlight is achieved, meaning the Mainstream Media cannot ignore the issue as presented and questioned, and if the general public become more familiar with the controversial subject matter or topic at hand, and if the party of the Chair can fundraise from the issue, then the committee has succeeded.  However, if you are looking for something to change as an outcome of any HOC hearing, you will be disappointed.

All of the insiders in Washington DC know this to be true; but, when discussing the HOC specifically, the insiders cannot violate the DC code of omerta and make this reality a part of the public consciousness.  To make this operational mission widely understood is to diminish the financial value of it.