Where is the POTUS?


Posted May 9, 2024 By Martin Armstrong 

Biden 2024 Lets finish the job

America needs a strong leader to restore law and order in our society. Our leadership has chosen to create division and cause neighbors to turn on neighbors. We are facing the highest national debt in US history, lower purchasing power, inflation that will not wane, a sharp wave in crime, a housing crisis, two proxy wars with a third on the way, and no one has taken a stand to calm the fear of uncertainty that has caused the people to lose all trust in government.

Where is the POTUS, the commander-in-chief? Not only do the American people need the president, but all of Washington needs a centralized authority figure to connect each branch and cabinet. One of the president’s primary roles is to ensure that all of Washington is working collectively, but our current president is nowhere to be found.

Joe Biden has addressed the public on fewer occasions than any other president in the past four decades. The Times wrote, “For anyone who understands the role of the free press in a democracy, it should be troubling that President Biden has so actively and effectively avoided questions from independent journalists during his term.”

The Times even endorsed Joe Biden during the 2020 US Presidential election, but now they are forced to admit that the president is a failure. “That systematically avoiding interviews and questions from major news organizations doesn’t just undermine an important norm, it also establishes a dangerous precedent that future presidents can use to avoid scrutiny and accountability. That is why [publisher A.G.] Sulzberger has repeatedly urged the White House to have the president sit down with The Washington Post, The Wall Street Journal, Reuters, CNN and other major independent news organizations that millions of Americans rely on to understand their government.”

BidenCard.Reddit

The press secretary refuses to answer questions on behalf of the president. He has been seen with note cards that dictate which reporters he may call upon during Q&A sessions, and those reporters are equipped with pre-approved easy questions. All of this is a deliberate attempt to hide Joe Biden’s failing mental health, as he always misspeaks when not reading directly off of a teleprompter. And people want another four more years of this mess?

I reported in December that Biden had spent at least 40% of his entire presidency on vacation. The man with arguably the most important job in the world has set the record for taking more time off than any other president, collectively absent for over a year of his first and hopefully last term. He has only held four events before 10 AM and around a dozen past 6 PM. His former Press Secretary, Jen Psaki, once said that he does nothing prior to 9 AM, but it is closer to 10 AM if you look at any of his public schedules.

How will Biden physically manage an additional four years when he is not fit enough to currently hold office? He has refused to take a mental health examination, but we simply do not need one at this point. A company would crumble if the person in charge was absent, avoidant, or dismissive of any real responsibilities. But we accept this level of incompetency for the person in charge of a nation?

Weekend at Biden’s


Posted originally on Apr 21, 2024 By Martin Armstrong 

Collective Debt – We Must All Pay for Student Loans


Posted Apr 15, 2024 By Martin Armstrong 

NationalDebtNYCVBillboard

Biden is destroying the financial future of generations with his reckless spending in an attempt to buy votes. Fed Chair Powell nearly admitted it in his interview with 60 Minutes in which he urged the government to show restraint when plunging the nation deeper into debt. Biden and the Democrats are cheering that he will “cancel” debt for an additional 277,000 under the SAVE plan. Do people not realize by now that the taxpayer is paying for this debt cancelation?

Biden already “forgave” the debts of 4.3 million borrowers, but the banks have not, and neither have the universities. The liberals believe the Big Guy is magically opening his wallet or waving a magic wand and making the debt disappear. NO – the lenders will receive a repayment, but now WE, the people, must pay for the debts of a few. This would be akin to the president saying that federal funds would be used to forgive personal mortgage loans – people simply cannot afford them at the moment, and it is the socially just thing to do. Forget about the people who chose not to buy a home because it did not fit within their budgets. Perhaps we should forgive all EV car payments, t00, and hey, that money we owe to foreign nations? Well, that will be a discussion for another time since we simply won’t have the money to repay.

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Newsflash – the youth do not approve of Joe Biden. They are afraid to fight in a war overseas in which they see no patriotic cause to go. His supporters on the far-left support HAMAS. Not Palestine, but Hamas. A Harvard-Harris poll conducted in October asked, “In general in this conflict, do you side more with Israel or Hamas?” Among Gen Z voters, 48% said they supported the terrorist organization. Those with clarity do not support any war and certainly do not support sending countless aid to Ukraine and Israel.

Tax season caused some of the woke young Americans to question their financial identities, and I reported that one poll found that nearly a quarter of first-time filers actually planned to seek psychological help upon filing taxes. No one explained to them how this sinister system actually works.

We do not live in a Democracy. We did not vote on whether we wanted to spend over $7 billion to dismiss the financial obligations of others. Furthermore, this is a clear and deliberate attempt to BUY VOTES ahead of the election. Biden is simply polling so low that he is desperate to do anything to garner support, be it ushering in a new population of migrants or gaslighting the public into believing they are better off today.

Biden 2024 Lets finish the job

WE the people have spent $153,000,0000,000 on buying votes through student loan bailouts. On June 30, 2023, the Supreme Court declared Biden’s forgiveness programs unconstitutional. The Biden regime has never followed the Constitution and has actively sought ways to dismiss the very documents this nation was founded on. “I believe the Court’s decision to strike down my student debt relief program was a mistake, was wrong. So, we need to find a new way and we’re moving as fast as we can,” Biden was scripted to say after the ruling. Is there an amendment that this man has not dismissed?

The national debt crisis should scare you. Biden-Harris and the neocons are borrowing against future generations of Americans. The government believes it can shake down the citizens for additional taxes, but even if they confiscated all of our assets, it would not be enough to cover their continual spending.

Again, I want to state the importance of Jerome Powell’s words. It is unusual for the central bank to break with the government for any reason.

“In the long run, the US is on an unsustainable fiscal path. The US federal government is on an unsustainable fiscal path and that just means that the debt is growing faster than the economy,” Powell finally warned, later adding, “effectively, we are borrowing from future generations.” He warned that we must begin to prioritize fiscal policy immediately to fix this unending crisis.

Forget rate cuts. Forget a balanced budget or even seeing anything remotely in the green. Not only are we funding 2.5 wars and millions of unemployed migrants, but we are also funding the climate change hysteria that demands we implode our economy. The Inflational Reduction Act was merely the beginning. These spending packages are the greatest threat to our nation’s economy as we simply CANNOT REPAY OUR DEBT. Worse — we have turned our main buyers into enemies and will soon be left holding the bag as no one will come to rescue America.

Categories:CORRUPTIONECONOMICSPOLITICS

On The Record – Former Obama Aides Warn Biden Age and Cognitive Decline Is a Very Real Problem


Posted originally on the CTH on February 27, 2024 | Sundance

The interesting aspect to this report is that the former Obama aides and officials now criticizing the physical and mental acuity of Joe Biden are all named and doing so on the record.   This datapoint aligns with my retained perspective that Joe Biden will be replaced as the 2024 presidential candidate during the Democrat convention in Chicago.

If Biden is not replaced, it simply means the larger and more influential Obama political team are allowing him to fail. However, because there is still sufficient risk to the Obama legacy for a second Trump term, the most likely outcome is a switch to another candidate (Newsom/Rice) during the nomination convention.

(New York Post) – Former aides who worked directly with then-Vice President Joe Biden in the Obama administration have called current fears over his age “a very real issue” — with some alarmed at how he has become more “frail” and “mumbly.”

“If you watch Joe Biden speak, oftentimes he sounds frail and he sounds more frail than he used to, even in 2019 and 2020,” Jon Favreau, the chief speechwriter for Obama when Biden was vice president, said in a recent episode of the “Pod Save America” podcast.

“The voice sounds frail, and he shuffles more because of the arthritis in his back,” Favreau said, adding that the oldest-ever president also appears “mumbly.” (read more)

Jon Favreau, Dan Pfeiffer, David Axelrod and Jon Lovett are all on the record within this report. It is doubtful they would be so publicly critical without a background intention.  Quite simply, they would not be undermining Biden if they thought he was their only possibility…. not this late.   They have another alternative in mind.

Jill and Joe Biden believe they have enough political supporters to carry them through the convention. However, the Obama coalition is much stronger than the limited Biden influence. Watch closely for signs of a convention replacement. I still do not see anything that stops that approach from being a very strong possibility.

Biden Administration Fines Chattanooga Trucking Company $700,000 For Checking Employment Eligibility for Job Applicants


Posted originally on the CTH on December 2, 2023 | Sundance 

It is slightly unfair to say this is a Biden issue, because the minefield of verifying employment eligibility has been a weaponized DOJ process since Eric Holder entered the picture as Attorney General.   Both wings of the UniParty support the intentional conflict in employment law.  The civil rights division of the DOJ now uses a Lawfare concept called “disparate impact” to target any employer who would require employment eligibility verification as a contingency for a job.

Essentially, if you have a work eligibility screening process that disproportionally hits any protected category of person (ie. race, color, national origin, etc.), then the practice creates a “disparate impact” and is therefore unlawful.  Example: 100 people apply for a job; 50 of them are Latino. All of the applicants must provide work eligibility documents to process their I-9 form.  If more than half the denied applicants are Latino, the demand for the documents creates a disparate impact and is therefore illegal.

Covenant Logistics and Transport Management Services LLC, “routinely discriminated against non-U.S. citizens by requiring lawful permanent residents to show their Permanent Resident Cards (known as green cards) and by requiring other non-U.S. citizens to show documents related to their immigration status,” according to the DOJ filing.

(via AP) – […] That violates a provision of the Immigration and Nationality Act (INA) which says employers must allow workers to present whatever acceptable documentation the workers choose and cannot reject valid documentation that reasonably appears to be genuine and to related to the worker. (read more)

Not a lot of people understand the issue of “disparate impact” and the exact reason why the DOJ and Dept of Labor created the novel legal theory.  The DC system, Republicans and Democrats, support illegal aliens holding jobs in the USA – Democrats for ideological reasons, Republicans for their corporate owners.

This issue has existed for 15 years and is the primary reason why illegal aliens find it so easy to work in the USA.  Essentially, employers are in a no-win situation.  If you hire illegal aliens, you are breaking the law.  However, if you disqualify applicants based on their employment eligibility status -and a disparate impact issue exists- then, you are also breaking the law.

(AP) – Chattanooga-based Covenant Transport and an affiliate will pay the U.S. government $700,000 after investigators found the companies violated an anti-discrimination provision against workers who are not U.S. citizens.

The U.S. Department of Justice said in a release Monday that Covenant and its affiliate Transport Management Services LLC routinely discriminated against non-U.S. citizen workers when checking their permission to work in the United States.

That violates a provision of the Immigration and Nationality Act (INA) which says employers must allow workers to present whatever acceptable documentation the workers choose and cannot reject valid documentation that reasonably appears to be genuine and to relate to the worker.

Instead, federal investigators found that between January 2020 and at least August 2022 Covenant and Transport

..routinely discriminated against non-U.S. citizens by requiring lawful permanent residents to show their Permanent Resident Cards (known as green cards) and by requiring other non-U.S. citizens to show documents related to their immigration status.

Employers are required to let workers present whatever acceptable documentation the workers choose and cannot reject valid documentation that reasonably appears to be genuine and to relate to the worker.

Under the terms of the agreement, Covenant and Transport will pay $700,000 in civil penalties to the United States, train their employees on the INA’s anti-discrimination requirements, revise their employment policies and be subject to monitoring by the department.

Employers cannot discriminate against non-U.S. citizens by demanding specific or unnecessary documents from them to prove their permission to work,” said Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division. “The Justice Department is committed to ensuring compliance with our federal civil rights laws so that non-U.S. citizens with permission to work can contribute their talents to our workforce. (read more)

There are approximately 50 million illegal aliens working inside the USA.

Confronting this issue in the 2024 election will bring out all the aligned enemies, so it’s best for Trump to avoid it.

86% of Americans Admit They’re Worse Off Under Biden Re-Posted Nov 15, 2023 By Martin Armstrong 


It took a few years for people to admit the truth – life in America has drastically downgraded under Biden. Inflation has surged to 40-year highs under Biden. The US trade deficit has increased by 24.6%. Public debt has increased 22.5% as most Americans rely on credit for basic necessities. Home prices have increased well over 30%, gas prices have doubled, and the CPI in general spiked 17.1% in Biden’s first 32 months in office. I do not believe the inflation statistics produced by government agencies for a moment. Simply look around and you can see that we pay more for absolutely everything.

A recent poll published by the Financial Times found that only 14% of Americans believe they are better off financially under Biden. Those people are likely on welfare. The poll also found that 70% of American voters feel Bidenomics have hurt the economy or had no impact, with 33% saying they “hurt the economy a lot.” These numbers are staggering, as no president in recent history has managed to catapult the country into such a dire situation.

Over half (52%) of respondents to the poll said they had no idea what the president even had planned to revive the economy. Now Biden, who is not campaigning, is touting he needs to “Finish the job!” All Americans are begging him not to finish the job, as that would include completely destroying America and passing it over to the globalists to Build Back Better.

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.”

House Oversight Committee Releases Bank Records Showing Foreign Payments to Biden Family From Russia, Ukraine and Kazakhstan


Posted originally on the CTH on August 10, 2023 | Sundance 

House Oversight Committee Chairman James Comer has released details of the banking transfers from foreign businesses into the Biden family while Joe Biden was in office.  [House Oversight Link] – Bank Detail Link HERE.

The payments flowed into companies set up by Hunter Biden and Devon Archer, the witness who testified to congress.  Those companies then distributed the money (laundered) into subsidiary companies of Rosemont Seneca, and then the money was distributed to the Biden group.  One of the transactions, traced through bank records by the House investigators, was the payment of $3.5 million from Yelena Baturina, wife of the Mayor of Moscow.

[Source Link]

WASHINGTON—House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) today released a third bank records memorandum detailing new information obtained in the Committee’s investigation into the Biden family’s influence peddling schemes. The memorandum outlines how the Bidens and their business associates received millions from oligarchs in Russia, Kazakhstan, and Ukraine during Joe Biden’s vice presidency.

After Hunter Biden received millions of dollars in payments, then-Vice President Joe Biden dined with his son’s foreign associates in Washington, D.C. Devon Archer, Hunter Biden’s former business partner, recently testified that then-Vice President Joe Biden was “the brand” sold to enrich the Biden family and was used to send “signals” of access, power, and influence.

“During Joe Biden’s vice presidency, Hunter Biden sold him as ‘the brand’ to reap millions from oligarchs in Kazakhstan, Russia, and Ukraine. It appears no real services were provided other than access to the Biden network, including Joe Biden himself. And Hunter Biden seems to have delivered. This is made clear by meals at Café Milano where then-Vice President Joe Biden dined with oligarchs from around the world who had sent money to his son,” said Chairman Comer.

“It’s clear Joe Biden knew about his son’s business dealings and allowed himself to be ‘the brand’ sold to enrich the Biden family while he was Vice President of the United States. The House Oversight Committee will continue to follow the money trail and obtain witness testimony to determine whether foreign actors targeted the Bidens, President Biden is compromised or corrupt, and our national security is threatened.”

Below is a summary of the third bank records memorandum. The full memorandum can be found here.

Committee Staff is Releasing Payments from Russia, Kazakhstan, and Ukraine that Occurred During Joe Biden’s Vice Presidency: The Committee has now identified over $20 million in payments from foreign sources to the Biden family and their business associates.

♦ Hunter Biden and Devon Archer Used Rosemont Seneca Entities to Bring in Millions from Oligarchs in Europe and Asia: Using accounts nominally tied to Devon Archer (but using the familiar “Rosemont Seneca” branding), Hunter Biden received incremental payments originating from foreign sources, attempting to hide the source and size of the payments.

♦ In February 2014, a Russian Oligarch Sent $3.5 Million to a Shell Company Associated with Hunter Biden and Devon Archer: Russian billionaire Yelena Baturina transferred $3.5 million to Rosemont Seneca Thornton, a shell company. Approximately $1 million was transferred to Devon Archer, and the remainder was used to initially fund a new company account, Rosemont Seneca Bohai, which Devon Archer and Hunter Biden used to receive other foreign wires.

♦ In Spring 2014, a Ukrainian Oligarch Placed Archer and Biden on the Burisma Board of Directors and Agreed to Pay them $1 Million Each per Year: Burisma Holdings’ (Burisma) corporate secretary, Vadym Pozharsky, worked on behalf of the Ukrainian oligarch and owner of Burisma, Mykola Zlochevsky. Hunter Biden was initially hired by Burisma to work as counsel for the company, and Pozharsky and Zlochevsky met with Hunter Biden at a conference in Lake Como in Italy where they decided Hunter Biden would work on the board of directors with Devon Archer. Then-Vice President Joe Biden visited Ukraine soon after their first payments. Payments from Burisma for both Devon Archer and Hunter Biden were wired to Rosemont Seneca Bohai. Payments were transmitted in incremental amounts to Hunter Biden’s different bank accounts.

♦ In April 2014, a Kazakhstani Oligarch Wired the Exact Price of Biden’s Sportscar to a Bank Account Used by Archer and Biden: In February 2014, Hunter Biden met with Kenes Rakishev at a Washington, D.C. hotel. Rakishev worked closely with the prime minister of Kazakhstan, Karim Massimov. In April, Rakishev, a Kazakhstani oligarch, wired $142,300 to Rosemont Seneca Bohai. The next day, a payment was made from Rosemont Seneca Bohai for a sportscar for Hunter Biden in the amount of $142,300. Archer and Biden then arranged for Burisma executives to visit Kazakhstan in June 2014 to evaluate a three-way deal among Burisma, a Chinese state-owned company, and the government of Kazakhstan.

♦ Hunter Biden received millions of dollars in payments from Yelena Baturina, Burisma, and Kenes Rakishev. Vice President Biden had dinner with them in the spring of 2014 and 2015 in Washington, D.C.  (source)

104 US College Have Not Repealed COVID Vaccine Mandate


Armstrong Economics Blog/Disease Re-Posted Aug 7, 2023 by Martin Armstrong

“No College Mandates” is a group of parents, doctors, nurses, professors, and students who are working to end COVID-19 vaccination mandates. Many believe that mandates have ended, especially after the overwhelming evidence of the inefficiency of the vaccine. Yet, 104 colleges in the US continue to demand that students provide proof of vaccination to attend.

Some of these colleges have even exempted faculty from receiving the jab. Rules for thee, not for me! Teens are willing to take the jab because they want to go to their desired college. Many are forced to go to in-state schools for financial reasons and their options may be limited. For example, Rutgers University in New Jersey has a Student Immunization Portal where everyone is required to upload their vaccination records. Those who fail to do so are listed as “non-compliant” and cannot attend in-person classes.

There are few exemptions available. One student of Earlham School of Religion had her religious exemption revoked – that’s right, a religious school denied her religious exemption. When they reimplemented the exemption, she faced “increased animosity among classmates and alumni,” and said that two students yelled and spit on her and her mother. Remember, the mass media and politicians told us it was “a pandemic of the unvaccinated,” as Joe says in the video above. This poor girl did not feel safe enough to attend her own graduation, and the school removed her alumni email. She is now suing the school.

College continually seems less appealing. Students go into non-dischargeable debt that they carry for most of their lives. Then they cannot find jobs in their field of study. And now, they must choose between college or possible death from the experimental vaccine.

They See It Coming – Fitch Joins S&P to Downgrade USA Credit Rating


Posted originally on the CTH on August 2, 2023 | Sundance 

Collapse is never a sudden occurrence; it is an outcome of gradual erosion over time. A weakening that takes place almost invisible to those who pass through the construct, until eventually, at an uneventful time in the mechanics of history, the process gives way.

Fitch has joined with the prior position of Standard & Poors to downgrade the USA credit rating. The weight of debt, in combination with reverberations from the continued hammering deep inside the political fundamental change operation, has triggered another flare.

In the bigger picture, this is a self-fulfilling prophecy driven by the latest focus on unsustainable economic policy, aka The Green New Deal. The efforts of the fiscal, monetary and economic policy are all aligned to shrink the U.S. economy, thereby creating the era of “sustainable energy” a possibility. Unfortunately, this is akin to a household intentionally shrinking their income while at the same time taking on credit card debt. The process itself is not sustainable.

(Reuters) – Rating agency Fitch on Tuesday downgraded the U.S. government’s top credit rating, a move that drew an angry response from the White House and surprised investors, coming despite the resolution of the debt ceiling crisis two months ago.

Traders’ immediate response was to embark on a safe-haven push out of stocks and into government bonds and the dollar.

Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years and repeated down-the-wire debt ceiling negotiations that threaten the government’s ability to pay its bills.

[…] “In Fitch’s view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025,” the rating agency said in a statement.

U.S. Treasury Secretary Janet Yellen disagreed with Fitch’s downgrade, in a statement that called it “arbitrary and based on outdated data.”

[…] In a previous debt ceiling crisis in 2011, Standard & Poor’s cut the top “AAA” rating by one notch a few days after a debt ceiling deal, citing political polarization and insufficient steps to right the nation’s fiscal outlook. Its rating is still “AA-plus” – its second highest.

After that downgrade, U.S. stocks tumbled and the impact of the rating cut was felt across global stock markets, which were in the throes of the euro zone financial meltdown.

In May, Fitch had placed its “AAA” rating of U.S. sovereign debt on watch for a possible downgrade, citing downside risks, including political brinkmanship and a growing debt burden. (read More)

What do Barack Obama and Joe Biden have in common?  They were both in office, executing an identical economic, fiscal and monetary policy, when the USA credit was downgraded.