Cannibals Ate My Uncle


Posted originally on Apr 21, 2024 By Martin Armstrong 

Canables Eat my Uncle

Just for the record, the U.S. government’s record of missing service members does not attribute Finnegan’s death to hostile action or indicate cannibals were any factor. Finnegan was the brother of Biden’s mother, who he claimed “got shot down in New Guinea,” where there were a lot of cannibals. There is nothing to support this statement. This is the guy they want as President because he lets them do whatever they want. “Them” is every agency in the USA.

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.

2023_01_09_19_31_04_Federal_Debt_Held_by_Foreign_and_International_Investors_FDHBFIN_FRED_St._

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

Biden Proposes Largest Spending Package and American Taxpayer Burden in US History


Posted originally on Mar 13, 2024 By Martin Armstrong 

2023_02_21_Biden Poland Speech

The Biden Administration is outright destroying America through reckless spending. The Federal Reserve has warned that Biden’s current spending habits are robbing future generations of Americans. They cannot stablizie prices or make a dent in inflation due to the rising national debt. After his State of the Union address, Joe Biden unveiled his next spending package that could cost Americans $7.3 TRILLION.

Americans are expected to pay $5.5 trillion in tax hikes to fund this bill, which will offer nothing to the everyday American. The Committee for a Responsible Federal Budget (CRFB) told the Office of Management and Budget (OMB) that this plan will raise the national debt by $45.1 trillion or 105.6% of GDP by 2034. The national debt already reached 97% of GDP in 2022. This makes the Inflation Reduction Act look like pocket change, as the US has never experienced such a large tax burden.

Biden Republican will bring chaos2022_11_03_20_32_25_Biden_says_Republicans_would_cause_chaos_in_U.S._economy_Reuters

Right on Inflation, Wrong on Tariffs – Gary Cohn Outlines Biden Inflation and State of Economy for 2024 Election


Posted originally on the CTH on March 10, 2024 | Sundance

Gary Cohn appears on Face The Nation to discuss the finance, the economy and the pain felt by consumers.  He won’t say it directly, for obvious reasons, but what Cohn describes in terms of political support boils down to Main Street business supporting Donald Trump and Wall Street Multinational Corporations supporting Joe Biden.  That is ultimately what is obvious at a macro level.

I’m starting the video at 03:08 for the purposes of emphasizing inflation.  What Cohn says about U.S. inflation is essentially accurate and I have a Cliff Notes, tldr, HERE.  However, what Cohn says about tariffs creating inflation is not accurate, as outlined by the 2017 through 2020 results of Trump tariff policy.  Cohn says, “No one absorbs tariffs, except the consumer,” this is false.  As we saw in 2017, 2018, and 2019 China, Asia and the EU essentially dropped their export prices to retain access to the USA market and offset tariff costs.  That’s just a statistical reality.

The transcript is HERE; however, I want to draw attention to a geopolitical aspect that is not getting enough attention.  Specifically, the cost of FOOD PRODUCTS and the attached inflation.

Why is food inflation continuing to be a problem?  Why is food inflation not just a USA problem?  Why are the EU farmers protesting?  These questions are easily answered, and yet no one in the Western financial press will explain.

The Build Back Better agenda, known in the USA colloquially as the Green New Deal, carries with it massive increases in cost for energy products.  Fertilizer, which needs natural gas, and farming, which needs large amounts of fuel, diesel and fuel oil, uses costly energy products.  Packaging, plastics (petroleum derivatives) and cardboard also require large amounts of energy.

The manufacturing (heating, cooling, freezing) as well as storage and transportation of food products also use massive amounts of energy.  Additionally, and specifically because of the nature of their consumption, the increased energy costs associated with generating food travels quickly through the supply chain.

Food inflation is always the first thing you notice when the prices of energy products skyrocket.  This is well known and not subject to debate; everyone accepts this.

In the past 30 +/- years, large multinational corporations known as Big Ag have created a system where the USA generates a massive amount of the global food supply.

The advent of modern farming fertilizer, pesticides, seed genetics and other farming products/equipment that increase crop yield, has also been a big factor in the capacity of the USA and Western farming world to increase production.  As the globe became more reliant on the production efficiencies of the Big Ag “Western world,” they simultaneously became dependent on the outcome.  That dependency put them at risk of feeling the impact of inflation when you think about the farm products.

The result was that when Western Ag farming costs skyrocketed, the high cost of harvest outcomes were not just felt in the USA and/or Western nations.  As food production costs increased, the higher costs of production transferred into all the exported products.  Food inflation was exported globally.

The Western Build Back Better and Green New Deal energy policies subsequently meant the world was going to pay a higher price for food globally.  That’s what happened.

The Yellow Zone was responsible for a higher percentage of global food production.  The Yellow Zone is also the place where energy policy was changed in such a radical format that massive increases in energy costs were created.

The Yellow Zone (geopolitically the “West”) drove up the cost of farming, the Gray Zone pays a higher price.  This was all by design and not accidental.  The corporations who supported the BBB/GRD agenda all benefit.  The citizens who need to eat, do not benefit.

So, when you see EU farmers protesting against the ridiculous ENERGY POLICY changes of the West, you must accept the USA bears a greater responsibility for creating and demanding the increased prices that farmers globally are having to deal with.

In Gray Zone areas, where domestic food production costs are not subject to the changed energy policy, there is little to no food inflation.  However, the more dependent the country is to food imports (ingredients or final product) the more they are impacted by rising farming costs.

Grey Zone countries that can self-sustain on the production of food and have no energy agenda have little food inflation.

The more the country is strangling energy production and driving up energy prices, the higher the cost of farming and subsequently the higher index on food inflation.  The two metrics are directly related.

Food inflation globally is a big problem.  Western energy policy is exactly why!

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.

Ep 3281a – The [CB]/Biden Have Lost The Economic Narrative, The More They Do The Worse It Gets


Posted originally on Rumble By X22 Report on: Feb 12, 2024 at 9:30 pm EST

Deep State wants Absentee Presidents


Posted originally on Feb 12, 2024 By Martin Armstrong 

COMMENT: You have far more experience dealing with governments than any of these newsletter commentators. RFK just confirmed what you have been saying and what Putin said: that the president does not really make the decisions. RFK just said, “There are entrenched interests and special interests in government that actually benefit from having a president who is not completely competent. ” He is talking about the Deep State without using that term.

I was in Austin. I didn’t get a chance to shake your hand at Mikki’s event. I did see you talking to RFK’s people. I hope he listens to you.

GK

Trump Cabinet Meeting

ANSWER: The role of the President is to be the referee at these Cabinet Meetings. Biden is on vacation 40% of the time. He does not have the mental capacity nor the stamina to do the job. The agencies always want an ABSENTEE president. They get to do what they want and never have to answer to anyone. This is what is tearing the country apart. We have all of these agencies doing their own thing, and nobody is coordinating anything. The State Department is driving us into World War III, and nobody can put the brakes on these people. They threaten China over Taiwan when China is the largest holder of US debt. Then, the Treasury has to send Yellen over to beg for them to keep buying US debt. If they stop, long-term interest rates will soar.

Deep State 1

We can’t even take 90 days more of this insanity. They are trying to create war by July under the theory no president has ever lost during the war. The Democrats would not even allow anyone else to be on the ticket against Biden, fearing he cannot debate and will lose. They have told Democratic states to try to remove Trump and launched relentless actions against Trump, desperate to ensure four more years with Biden and absentee leadership. This is the Deep State in complete control.

Biden Illegally Stored Classified Documents – Report Expected This Week


Posted originally on Feb 6, 2024 By Martin Armstrong 

Biden OMG

It appears everyone in government has, at one time or another, stored classified documents in there private residence. Donald Trump’s home at Mar-a-Lago was raided last year by the FBI after Special Counsel Jack Smith turned over every stone to find a charge to place against the former president. Now President Joe Biden is coming under question for also improperly storing sensitive documents, and his team is concerned about the “top secret” report that is expected to be released this week.

Former U.S. Attorney for the District of Maryland Robert Hur was appointed by Attorney General Merrick Garland to lead the investigation. Biden has admitted to storing documents in the garage of his Delaware home. “By the way, my Corvette is in a locked garage, so it’s not like they’re sitting out on the street,” Biden revealed. Additional documents were found in an office at the Penn Biden Center in Washington DC, with some dating back to his time as vice president.

Although the details of the report have not been revealed, the report will contain photographs of the documents that will be hard to deny. Reports are circulating that Biden’s campaign team is panicking in anticipation of the release. Donald Trump is facing 40 charges for improperly storing classified documents. Trump was also charged with obstruction of justice and willful retention of national defense information. The Mar-a-Lago incident happened suddenly and unexpectedly. Unlike Biden, Trump was not awarded with notice as his home was completely ambushed by the FBI.

Joe Biden was quick to attack Trump for his wrongdoings. “How could that possibly happen,” Biden said. “How anyone could be that irresponsible, and I thought what data may be in there that could compromise sources methods. By that I mean names of people who helped, etc. It was just totally irresponsible,” Biden criticized while appearing on his cushioned 60 Minutes interview.

The media is attempting to sugarcoat this situation by saying Biden and his team are complying with the investigation. However, the photographic evidence will damage Joe’s already low approval rating. The result of this investigation will prove whether America has a two-tiered justice system where people like Joe Biden are exempt from the law.

Arrogant Demands Have Consequences – Mass Exodus as U.S. Trade Staff Hit Dead Ends and Unwilling Cooperation


Posted originally on the CTH on January 28, 2024 | Sundance

A story surfacing in Politico about the collapse of the office of the United States Trade Representative (USTR) and the inability of the entire trade policy group to find any willing trade partners was entirely predictable.

You might remember how the insufferable U.S. business media constantly said the Trump trade team was not going to be successful because the administration was disliked by global trade partners. Every Trump trade approach from tariffs to section 301 compliance, to U.S. demands around foreign policy tied to the economic Trump Doctrine was decried by U.S. multinational corporations as too divisive, too intransigent. However, Donald Trump and his trade wolverines racked up more trade wins and established more trade agreements than any administration in history.

From KORUS (Korea/US) to the Middle East, Saudi Arabia, India, Japan, European energy deals, massive changes with China, new Ag agreements, demanded technology sector investment back in the USA, and the successful renegotiation of NAFTA (Canada, Mexico, USA) into the USMCA – all of it was stunning in scale, scope and success. Trump’s global trade success was exactly the opposite of every predictive declaration by the professional media. All of the Trump strategic policy shift created the framework for the largest domestic expansion of the U.S. economy, evident in every 2019 economic metric prior to the pandemic.

Biden took office with the full support of the lying liars who lie in the media, and they said Biden’s team was a shoo-in for success. Again, exactly the opposite has happened.

The ideological leftists who came with the Obama/Biden plan forcibly tried to push their Green New Deal policies into every trade agreement. The result and response from all U.S. trade partners has been a massive failure of epic proportions.

Despite the international pontifications around support for the globalist energy policies, ie. the “Build Back Better” bulls**t pushed by western government, the World Economic Forum and the globalists, when it comes to where the rubber hits the road no nation is willing to attach themselves to the economically destructive millstone demands of U.S trade. In material fact, many of the BBB agenda priorities are now completely rejected by the same politicians who promoted them.

In part, we in the USA are suffering through some of the most horrific inflationary economic outcomes from this Biden ‘Green New Deal’ program. Any nation that aligned itself is feeling the same impact in direct proportion to how close they followed the program. The more ‘Green’ compliant the nation, the more the economic hardship upon the citizens within that nation. This is just the non-pretending reality of the thing.

So, it doesn’t come as any great surprise to see a thoroughly rejected and dejected career trade group now walking to the exits with zero accomplishments for their last three years of effort.

WASHINGTON – Frustration with a stalled trade agenda and unhappiness with the leadership of President Joe Biden’s trade chief is pushing more than a half-dozen senior trade officials out the door, according to four current and former administration officials with knowledge of the departures.

The exits include the White House’s point person on international economics and two of the three deputy U.S. trade representatives responsible for implementing the Biden administration’s “worker-centered” trade policy.

The exodus comes after Biden’s trade agenda ran aground on multiple fronts in 2023: failing to reach a green steel and aluminum deal with the European Union and pulling out of trade talks that were part of the U.S.-crafted Indo-Pacific Economic Framework in November. The administration, meanwhile, remains internally divided on other key trade policy decisions, like how to regulate digital information flowing across the globe.

Those headwinds — and the realization that little real progress is likely to be made in an election year during which former President Donald Trump will put a glaring spotlight on trade — have convinced some officials it’s time to move on. Adding to the frustration: simmering discontent with the management practices of U.S. Trade Representative Katherine Tai.

[…] Biden’s “worker-centered” trade agenda was designed to smooth over frayed relations with close trading partners and win back those blue-collar workers in battleground states. But his sweeping plans to reshape global trade rules haven’t assuaged concerns from Democrats who worry that Trump will again use trade issues as a cudgel against them in the industrial Midwest — a region that could determine control of Congress and the White House in November.

That disconnect has forced USTR to freeze, abandon, or dramatically scale back its signature initiatives and negotiations, leaving some top lawmakers and staffers frustrated. In particular, Wyden and Sen. Sherrod Brown (D-Ohio) are fuming that the administration hasn’t matched the Trump administration’s accomplishments on trade, like the binding labor and environmental standards that Democrats got inserted into the rewrite of NAFTA that Trump signed in 2020.

“Sen. Brown and I have consistently said that you need the kind of proposal that you saw in the U.S.-Mexico-Canada Agreement where you open up markets for business and you have tough enforcement,” said Wyden, “and a lot of what’s been put up doesn’t meet that test.” (read more)

Go figure!….

Want success?…

Want trade deals that lift the USA economy?…

Want USA “deflation,” yes, the actual lowering of prices for goods and services?…

Want lower costs of goods, and lower prices for consumers by leveraging the size of the USA market?…

…..Get Donald Trump Back in Office!

Back to Philly – Joe Biden Scheduled to Deliver Another “Threat to Democracy” Speech in Philadelphia


Posted originally on the CTH on January 3, 2024 | Sundance

When it comes to the people around Joe Biden and elections, Philadelphia is oddly the only venue they use with frequency.

As NBC announces that Joe Biden will deliver another “threat to democracy” campaign speech, the venue is once again Philadelphia, Pennsylvania.  This is the fifth time Philly has been used as the backdrop for advancing the narrative of MAGA extremism as a threat to the authoritarian control state of the Biden administration.

(VIA NBC) – President Joe Biden will cast former President Donald Trump as a threat to democracy Saturday in a speech set to be delivered on the third anniversary of the Jan. 6 insurrection, the Biden campaign said this week.

The speech is expected to be a key component of the campaign’s efforts to highlight the stakes of the presidential election, one that’s shaping up to be a rematch of the 2020 contest.

On a call with reporters announcing Saturday’s event, campaign officials used dire terms in warning against a potential Trump victory.

Communications director Michael Tyler said that if Trump wins in November, he “will use all of his power to systematically dismantle and destroy our democracy.”

Campaign manager Julie Chavez Rodriguez added, “Our message is clear, and it is simple: We are running a campaign like the fate of our democracy depends on it. Because it does.”

Biden will deliver his remarks in the Philadelphia area near Valley Forge, a historic Revolutionary War site where George Washington worked to rally troops into a unified army in the late 1770s.

“There, the president will make the case directly that democracy and freedom — two powerful ideas that united the 13 colonies and that generations throughout our nation’s history have fought and died for a stone’s throw from where he’ll be Saturday — remains central to the fight we’re in today,” said Quentin Fulks, a deputy campaign manager. (read more)

Also, Philadelphia…

…The new “Democracy.”