Category Biden “The Big Guy”

Jun 8 2023

Major Hotel Chains Shutting San Francisco Locations


Armstrong Economics Blog/USA Current Events Re-Posted Jun 8, 2023 by Martin Armstrong

San Francisco and other blue cities are overrun with crime, permitted by light-on-crime policies. I know numerous people who travel for work, and all they can discuss after visiting cities such as San Francisco and Seattle is the urban encampments and rampant crime that occurs in broad daylight. Companies no longer wish to hold conferences in these dangerous drug-ridden cities, and it is causing hotels to shutter.

The Hilton San Francisco Union Square Hotel, the largest hotel in the city, and Parc 55 Hotel, the fourth largest, are fleeing the city. CEO Thomas J. Baltimore Jr. said that his hotels have lost almost all of their business from conferences and conventions. Park Hotels & Resorts Inc. (NYSE:PK) announced that it has stopped all payments toward its $725 million loan. They want to completely remove these hotels from their portfolio immediately. There is no saving the city at this point, and the smart money is leaving. “Unfortunately, the continued burden on our operating results and balance sheet is too significant to warrant continuing to subsidize and own these assets,” the company politely stated.

Quite a shame as this was once a beautiful city in a prime location. Hotels in San Francisco have to remind guests to park within enclosed, monitored parking garages because theft is so prominent. Some residents would like to turn a blind eye to the growing problem as the homeless population is beginning to outnumber them. The New York Post recently featured an article showing images of the vacant stores throughout the once desirable downtown as retail vacancy rose 6% in Q1 alone. Businesses, such as Whole Foods which was only open for one year, said they were worried about the safety of their employees.

What is the city doing to correct the problem? Nothing. They are downplaying the true crisis and wondering why tourism is nearly non-existent. The $120 million in budget cuts for the police department since 2020 has not helped the situation. Reports state that fewer than 80% of 911 calls are answered in a timely fashion, if at all. This is how cities fall under incompetent leaders who ignore problems in favor of votes.

Jun 5 2023

Sunday Talks, Kevin McCarthy Defends His Budget Ceiling Bill – Focused Heavily on a Return to Regular Budgetary Order


Posted originally on June 4, 2023 | Sundance 

House Speaker Kevin McCarthy appears with Maria Bartiromo to address criticism about details within his debt ceiling bill.  The criticism is very valid, and is being made by many people who are unhappy with the deal to raise the debt ceiling.  However, the primary defense point of McCarthy surrounds a return to regular budgetary order.

As noted by McCarthy, the 12 house appropriations bill that form the traditional federal budget, are due in Aug/Sept for fiscal year 2025 which begins October 1st.  That is where substantive spending will be reduced, well below current spending levels.  However, Bartiromo confronts that outlook by asking ‘what if’ the Senate doesn’t take up the federal budget bill, preferring instead to use the funding mechanism provided within the debt ceiling bill.  {Direct Rumble Link}

The budget debate may sound somewhat parliamentarian, because the nuance of federal budgets is exactly that.  The mechanism to force congress to create a regular order budget is the debt ceiling. Essentially the national credit limit. If you take away the mechanism to force the budget, there is no force mechanism to require the budget.  WATCH:

Speaker McCarthy gets offensive when Maria ask him about what’s in the debt ceiling bill.

The amount of debt carried in your own household budget is only a problem if you have a limit on your credit. If you have unlimited credit, meaning you can borrow endless amounts of money, then you can spend as much as you want. This willy-nilly raising of the national debt ceiling is the issue at the core of why federal budgets are not passed.

Jun 4 2023

Why the United States Will Fall


Armstrong Economics Blog/Civil Unrest Re-Posted Jun 4, 2023 by Martin Armstrong

This is why the United States is dead. It can no longer stand united and, like Ukraine, we too will simply have to split. There should be a property swap where Democrats leave the Red States and go to the Blue States and vice versa. This is how empires always die. They collapse from an internal division that eats away at them from within like cancer. Hayley Williams has only shown how she is brainwashed into thinking that abortion is a woman’s right when it was a Gates-Rockafeller ploy to further eugenics and reduce the population of minorities.

Justice Ginsberg was a woman’s activist. She explained that Roe v Wade was not about women’s rights. It was about eugenics. So they get women to agree to war and whatever because all they can focus on is abortion which was a lie, to begin with.

You cannot allow one side to force their beliefs upon the other.  Civilization can ONLY function when everyone benefits. As Lincoln said, united we stand, divided we fall.

Jun 3 2023

Here’s What REALLY Happened With Biden’s Fall (Ep. 2023) – 06/02/2023


Posted originally on The Dan Bongino Show on Rumble on: Jun 2, 11:00 am EDT

Jun 2 2023

Red Cross and UN Promotes Illegal Migration – Public Health and National Security at Risk


Armstrong Economics Blog/Corruption Re-Posted Jun 2, 2023 by Martin Armstrong

COMMENT: Getting a lot of stuff about migrants (pictures attached). Afghanis and Uzbeks are seen and the Uzbeks speak English after a fashion. By the way, why is the Panamanian Red Cross putting out their message in English?? Afghani speaks no English and is making this trip with a young daughter?? (Says he is from Kabul). Note also the last bullet point on the Red Cross literature about migratory routes!!

More to the point is that a LOT are sick when they come into the US. Of the people filming this material, five out of six got sick when they went to Panama and the Darien Gap point.  The Uzbek (speaking some English) said he flew from Central Asia to Turkey to Mexico City to Tijuana (and then back to Panama??). He is 18 years old. Who paid for all of this?? He also said that his father lives in NY City. So he can’t use normal immigration family reunification methods but goes through Hell like he has??

Tuberculosis is a biggie here and yet these people stream North and are admitted into the US and then bussed/flown to every podunk town you can think of. Forget new pandemics made in a lab – just look at what is being brought into the US by people supposedly illegal!

-Gerry

REPLY: A lot of emails are coming in that the US is staging people to enter the country. The Biden Administration has opened the borders in hopes of securing a second term. Title 42 preventing illegals from entering the country under the premise of COVID. That was before the Ukraine war, when the fixation was COVID and the spread of germs. COVID never went away, nor did other ailments, but they need the beehive mind to focus on Ukraine and defeating “Russian aggression.”

Tuberculosis (TB), as you mentioned, is also airborne and highly contagious. Those who do not receive treatment will die and it is currently one of the top 10 causes of death in the world. The World Health Organization even admits that refugees are prone to diseases. “They undertake long, exhausting journeys with inadequate access to food and water, sanitation and other basic services, which increases their risk of communicable diseases, particularly measles, and food- and waterborne diseases,” the WHO states. The WHO blames the lack of health care on xenophobia, but those who enter legally are in fact tested. US taxpayers pay millions per year to treat migrants, but states such as Florida are now requiring hospital patients to show proof of citizenship.

As for the Red Cross and Red Crescent, they fund the illegal voyages of migrants. They are partners with the UN Refugee Agency, which boasts of resettling 57,500 refugees worldwide in 2021. “Whether on the ground or at sea, our teams deliver help to anyone in need—regardless of race, religion, sexual orientation, or citizenship status,” the American Red Cross states on its website.

The American Red Cross also directly assists people at the US-Mexico border:

Basic Aid at the U.S.–Mexico Border and in U.S. Cities

The American Red Cross may provide support as needed to people being bussed by other organizations from the U.S.-Mexico border to U.S. cities. This includes supporting these lead organizations with services for people in their care by providing relief supplies or training. And, depending on local needs, our assistance might also include providing food, water, comfort, health services and mental health support. We aim to prevent and mitigate additional humanitarian consequences that migration can bring — including the potential for separation and loss of contact with family, disappearances, detention and medical issues.

The American Red Cross may also provide relief supplies — such as cots, blankets, hygiene items, first aid kits and towels — for use by local nonprofits caring for people. In some cases, the Red Cross has provided phones to local organizations, which people can use to reconnect with family members back home to let them know they’re safe.

Meaning these organizations have made the US-Mexico border a safe haven where care and supplies are almost guaranteed. They are incentivizing people to come into America illegally. And what is the penalty? It is unlikely that they will be deported or even detected upon arrival. The situation is far worse than Biden turning a blind eye to the border crisis. There is a deliberate global effort to keep America’s borders open which threatens public health, elections, and national security.

Jun 2 2023

FBI Conceals Documents Proving Biden’s Bribes


Armstrong Economics Blog/Corruption Re-Posted Jun 2, 2023 by Martin Armstrong

There is concrete evidence that Joe Biden illegally accepted bribes from foreign nationals. The GOP and anyone who values US law and national security had hoped the Durham report, the contents on Hunter Biden’s laptop, or even the “joke” about “10% for the big guy” would have been enough to investigate Biden’s illegal dealings. Cathay Bank revealed that the Bidens were funneling money into their private accounts, but the world turned a blind eye.

Now, the FBI is yet again stating that they have evidence proving that the President of the United States is a criminal. House Oversight Committee Chair James Comer (R-KY) confirmed that intelligence agencies are in possession of documents revealing the bribes Joe Biden accepted from a foreign national. The FBI refuses to provide Comer with the documents but said he could visit the FBI headquarters to view a likely altered version of the evidence.

Breitbart reported: “Today, FBI Director Wray confirmed the existence of the FD-1023 form alleging then-Vice President Biden engaged in a criminal bribery scheme with a foreign national,” Comer said in a statement. “However, Director Wray did not commit to producing the documents subpoenaed by the House Oversight Committee.”

“While Director Wray – after a month of refusing to even acknowledge that the form existed – has offered to allow us to see the documents in person at FBI headquarters, we have been clear that anything short of producing these documents to the House Oversight Committee is not in compliance with the subpoena,” Comer continued. “If the FBI fails to hand over the FD-1023 form as required by the subpoena, the House Oversight Committee will begin contempt of Congress proceedings.”

The FBI is obstructing US law to protect Joe Biden from persecution. We know without a doubt that the FBI purposely spread misinformation regarding the Steele Dossier hoax. The FBI also threatened social media platforms ahead of the 2020 US Election to prevent them from allowing any discussion of Hunter Biden’s laptop, which contains his illegal dealings in Ukraine, Romania, and China. The FBI is a completely corrupt agency that has become Biden’s personal Gestapo.

House Speaker Kevin McCarthy (R-CA) told Wray that he would hold him in contempt of Congress if he failed to produce the requested documents. It is basically public information at this point that the POTUS is a criminal who has sold out the US for personal gain, but nothing is being done to protect the US from blatant corruption.

Jun 2 2023

Senator Chuck Grassley Gives His Perspective on FBI Document Detailing Allegations of Biden Bribery


June 1, 2023 | Sundance 

Last night on Sean Hannity television show, House Oversight Chairman James Comer made the first admission that both he and Senator Chuck Grassley had seen the FD-1023 form filled out by an FBI agent based on allegations of Joe Biden taking bribes as outlined by an FBI CHS (Confidential Human Source).  {Backstory HERE}

FBI Director Christopher Wray refused to admit the document existed until Comer and Grassley informed Wray they had already seen it.  However, the FBI is still refusing the release the document to congress. During a Fox News interview today, Senator Chuck Grassley gives his opinion of what is contained within the six-page document {Direct Rumble Link}.  The comments about the FD-1023 happen after the 02:00 mark. WATCH:

Chuck Grassley: Wray is treating Congress like the second hand citizens compared to the NYT.

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Jun 2 2023

Joe Biden Takes a Hard Fall at U.S. Airforce Academy Graduation Ceremony


Posted originally on the CTH on June 1, 2023 | Sundance 

Joe Biden was attending the USAF Academy graduation ceremony today, when he tripped on stage and took a hard fall.  WATCH:

https://youtube.com/watch?v=yLm1iPbEvGo%3Ffeature%3Doembed

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Jun 1 2023

Debt Ceiling & War Crisis


Armstrong Economics Blog/Bonds Re-Posted May 31, 2023 by Martin Armstrong

When we look at our Computer’s timing arrays for the 30-year bond, it did show a target last week with a Directional Change. So far the market has held that low and has been consolidating. When we look at the Array, we do not see a crisis with the debt ceiling. However, the next Fed Meeting is July 25-26 and when we look at our Array, we see that is when there is a Panic Cycle.

There is NOBODY in Washington who is ever interested in actually paying off the debt. Even AOC has come out and said there should be no debt ceiling – just print until the cows come home, but that may be a problem when Bill Gates and the WEF want to kill all the cows.

In that regard, we are only making things chaotic. The government should just print the money and not borrow in the first place for they are competing with the private sector which is the ONLY real creator of worthwhile jobs.

Meanwhile, the Neocons are hoping to start a war with massive air drills in Europe going to even Church, which they do not believe in God, and lighting candles just in case he does exist to please make Russia attack. If not, hell, they will just say Russia attacked as they lied and claimed that Vietnam attacked us and Iraq had weapons of mass destruction. War is on the horizon and that is the MOST inflationary influence of all.

Jun 1 2023

After Contempt Threat, FBI Director Wray Admits Oversight Whistleblower Report on Shady Biden $5 million Payment Does Exist


Posted originally on the CTH on May 31, 2023 | Sundance 

An interesting series of updates to the FBI whistleblower case of Joe Biden taking a $5 million bribe payment which now looks to have originated in Ukraine.

The background claim is pretty basic. A whistleblower approached congress stating the FBI had a report, an unclassified FD-1023, detailing a conversation with a ‘confidential human source’ (CHS) that outlined Vice President Joe Biden taking a $5 million payment from a foreign national to affect a U.S. policy decision.  The FBI agent responsible for investigating the CHS claim was FBI Supervisory Intelligence Analyst Brian Auten, a sketchy character from the Trump-Russia probe.

The investigative events took place in June and July 2020 during the presidential election year.  The claim is that FBI Supervisory Intelligence Analyst Auten reportedly buried the CHS allegation saying it could not be corroborated, and then wrote an assessment that it was Russian disinformation.  However, the FBI investigative team didn’t see any effort by any FBI member to substantiate it.  Hence a whistleblower, with specific knowledge of the details in the allegation, surfaces and tells congress the FBI is hiding the FD-1023 that outlines the confidential human source allegation of bribery.

Congress requested the FD-1023, the FBI refused to provide it.  House Oversight Committee Chair James Comer then set a compliance deadline while he coordinated with Senator Chuck Grassley.  The FBI still refused to turn it over, saying they would neither confirm nor deny the FD-1023 existence, and said releasing any information like that would potentially compromise Confidential Human Sources (CHS’s).  The proverbial sources and methods excuse.

Yesterday, James Comer told FBI Director Chris Wray he would be held in contempt of congress for refusing the provide the letter to oversight.

Today, Christopher Wray admitted the existence of the FD-1023 and told Rep Comer and Senator Grassley he would let them come to FBI headquarters to look at it.

The FBI is still claiming the allegations have no way to be substantiated or corroborated.  However, there is a very strong possibility, based on records that Comer and Grassley have received from subpoenas for Biden banking information, the substantiation documents are already in the hands of congress.

WASHINGTON—House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) and Senator Chuck Grassley (R-Iowa) today issued the following statements after their discussion with FBI Director Christopher Wray about producing to Congress the unclassified, FBI-generated record alleging a criminal scheme involving then-Vice President Joe Biden and a foreign national.

“Today, FBI Director Wray confirmed the existence of the FD-1023 form alleging then-Vice President Biden engaged in a criminal bribery scheme with a foreign national. However, Director Wray did not commit to producing the documents subpoenaed by the House Oversight Committee. While Director Wray – after a month of refusing to even acknowledge that the form existed – has offered to allow us to see the documents in person at FBI headquarters, we have been clear that anything short of producing these documents to the House Oversight Committee is not in compliance with the subpoena. If the FBI fails to hand over the FD-1023 form as required by the subpoena, the House Oversight Committee will begin contempt of Congress proceedings,” said Chairman Comer.

“While the FBI has apparently leaked classified information to the news media in recent weeks, jeopardizing its own human sources, it continues to treat Congress like second class citizens by refusing to provide a specific unclassified record. Director Wray confirmed what my whistleblowers have told me pursuant to legally protected disclosures: the FBI-generated document is real, but the bureau has yet to provide it to Congress in defiance of a legitimate congressional subpoena. This failure comes with consequences,” Senator Grassley said. (read more)