Leaving California?


Armstrong Economics Blog/Uncategorized Re-Posted Sep 18, 2022 by Martin Armstrong

Inflation Debate


Armstrong Economics Blog/Inflation Re-Posted Sep 17, 2022 by Martin Armstrong

Zelensky to head US Defense Industry Conference


Armstrong Economics Blog/Corruption Re-Posted Sep 16, 2022 by Martin Armstrong

The military-industrial complex continues to grow with the proxy war. The annual Future Force Capabilities Conference and Exhibition hosted by the National Defense Industrial Association (NDIA) will feature none other than Zelensky as their keynote speaker, as well as his minister of defense, Oleksii Reznikov. Everyone in attendance is directly profiting off of the war. The IRS deems the NDIA to be a nonprofit organization when in fact, it is blatantly lobbying.

Defense contractors need war, as do corrupt government officials who prosper off of pain. America has already provided Ukraine with over $15 billion since February, yet Zelensky is poised to request more funding and weapons at this meeting.

Boeing Defense, Space & Security; L3Harris Technologies; Raytheon Technologies; BAE Systems; Lockheed Martin Corporation; Huntington Ingalls Industries; General Dynamics; and Northrop Grumman all met in April to discuss how they could profit off of the war. The Pentagon recently announced (see video above) that they want to set up “the backbone of a Ukraine force…for years to come.” Meanwhile, the US military is suggesting that its own soldiers, 24% of whom are food insecure, begin applying for food stamps.

The Biden Administration seems to have unlimited funds for Ukraine. This event will show all the “innovative” ways that the US can pay to kill Russian soldiers on behalf of Ukraine “for years to come.”

Tucker Carlson Notices the Missing Jubilation in Martha’s Vineyard as Dozens of Illegal Aliens Arrive


Posted originally on the conservative tree house on September 15, 2022 | Sundance 

A strange thing happened.  After lecturing the nation on the virtues of mass migration, the white liberal democrats on Martha’s Vineyard did not celebrate the arrival of the non-white immigrants they have been demanding for years.

Fox News host Tucker Carlson noted in his monologue that Martha’s Vineyard famous nimby residents, including former President Barack Obama, did not welcome the people of color as one would expect.  Instead of celebrating the new diversity, oddly the residents quickly moved to find alternate off island locations to accept the arriving immigrants. WATCH:

.

Officials From Martha’s Vineyard Hold Emergency Meeting Following Arrival of an Estimated 50 Illegal Immigrants, Migrants Will be Moved “Off Island”


Posted originally on the conservative tree house on September 15, 2022 | Sundance

According to The Boston Globe, officials in Martha’s Vineyard are holding an emergency meeting to deal with the crisis of 43 illegal alien arrivals, including one four-year-old child.  The group arrived via a chartered flight dispatched by Florida Governor Ron DeSantis.

According to state representative Dylan Fernandes, “when you look at the limited housing options on Martha’s Vineyard, as I’m sure many of the folks here are aware, it’s likely we’re going to need an off island location.”  As noted by the Globe …”a Zoom meeting has been scheduled for emergency management officials from the island along with people from the Massachusetts Emergency Management Agency to discuss the next step for the immigrants.”

(Boston Globe) […] Fernandes also strongly condemned DeSantis and Governor Greg Abbott of Texas for sending the migrants to the Vineyard.

“To use women and children as political pawns is cowardice. Governor DeSantis is a coward,” Fernandes said. “Their communication on this, Governor DeSantis’s on this, was to jump on Fox News and beat his chest about how tough he is on immigration. It’s inhumane. It’s depraved.”

DeSantis defended the move in remarks to reporters on Thursday during a briefing at Northwest Florida State College.  

“Every community in America should be sharing in the burdens. It shouldn’t all fall on a handful of red states,” he said. Other states “don’t like it as much when you get just a small, small, small amount compared to what these folks have dealt with in Texas and in other states.”

Florida’s message, DeSantis said, is that it’s not “a sanctuary state.”

“Now what would be the best is for Biden to do his damn job and secure the border,” he said.

Susan Church, a prominent immigration lawyer based in Cambridge, said a team of attorneys in Massachusetts is working with advocacy groups including the Lawyers Committee for Civil Rights and Economic Justice to interview the migrants and determine whether they’d be eligible for victims of crimes visas, based on reports they were coaxed into getting on a plane under the pretext that their paperwork would be expedited.

“They were duped in to getting on to the plane,” said Church, former chair of the New England Chapter of American Immigration Lawyers Association. “This is akin to kidnapping.”  (read more)

While the apoplexy and pearl-clutching from the condescending and sanctimonious democrats is political fuel for ridicule, at the end of the day these transports of illegal economic migrants, illegal aliens, is not a solution.

Desperate times do call for desperate measures, and we desperately need to see the southern border secured, immediately.  If the transports lead to backlash from Democrat officials and politicians, and that hypocrisy leads to facing the reality of the border crisis created by Joe Biden, then perhaps something positive can come from this approach.

I find myself torn between seeing this as a political gimmick yet understanding that some shift in the national narrative is needed. If this approach delivers that shift, if more people wake up to the border crisis, then something positive could be gained.  However, at the end of the day these unlawful migrants are people.

Florida Governor Ron DeSantis answers questions earlier today:

Food Stamps for US Soldiers


Armstrong Economics Blog/USA Current Events Re-Posted Sep 15, 2022 by Martin Armstrong

Washington acts perplexed as to why recruitment is nearing a record low. Food inflation is on the rise across the world, increasing 10.9% in the US over the last year. This marks the largest 12-month spike in food prices since 1979. The food at home index spiked 15.8%, cereals and bakery goods rose 15%, and dairy products rose 14.9% in the past year alone. Service members who rely on government pay, not adjusted for inflation, are struggling.

This may come as a surprise – the Pentagon believes 24% of enlisted personnel are food insecure. How on Earth could the US expect to maintain a strong military when nearly a quarter of members cannot provide their families with food? The military budget is certainly not hurting for funds.

The US Army is now recommending that service members apply for food stamps. So, instead of using the funds from the military budget, the government wants to take those funds from a program designed for low-income individuals.

With inflation affecting everything from gas prices to groceries to rent, some Soldiers and their families are finding it harder to get by on the budgets they’ve set and used before,” the guidance written by Sergeant Major of the Army Michael A. Grinston reads. “Soldiers of all ranks can seek guidance, assistance, and advice through the Army’s Financial Readiness Program.”

Grinston goes on to recommend resources for managing debt, spending, and taxes. Soldiers can request to receive a 6% interest rate cap on debts incurred prior to serving. This includes credit cards, loans, and mortgages. Take advantage of this service and any military benefits if you have the opportunity.

It is a shame that the men and women fighting for our country are surviving on food stamps. Maybe instead of paying off military contractors, sending endless funds to foreign nations, and “10% to the big guy,” the US government can help those who risk their lives to serve and protect our diminishing freedoms.