Posted originally on Jul 13, 2025 by Martin Armstrong
NEW EPISODE: Martin Armstrong's Warning for America, Geological Crisis, Europe's Collapse
Martin Armstrong of @StrongEconomics joins me to talk about the futility of neocon wars, why Europe wants to drag America into their wars, why manufacturers have moved out of America, what… pic.twitter.com/ghMSujJRIl
Posted originally on Jul 12, 2025 by Martin Armstrong
Pam Bondi has made perhaps the most serious mistake of her entire life that she will look back on for years to come. Epstein’s saga was not some pedophile BS – it was the most sophisticated blackmail organization in modern history. As I have said before, I was personally warned that they would use women to try to get into my operation. That was back in the ’90s. This was nothing more than a honey-pot operation. It is understandable that Bondi has not found any “incriminating ‘client list‘” related to Epstein, triggering significant backlash among both Democrats and Republicans, when this was really a blackmail operation, not pedophiles.
The real question remains FOR WHOM WAS EPSTEIN OPERATING? Was this for the CIA or the Mossad? People wrongly think that releasing the “client list” will expose pedophiles. If that were the only issue, the Democrats had these files before the election and would have used them. Nevertheless, the MAGA base would like to see Trump FIRE Blondi without a doubt. She has become a massive liability and will impact the elections in 2026. Bondi has refused to tell the truth, pretending there are no files, rather than explaining that this was a blackmail scheme operating for some intelligence operation was the wrong move.
Even the Daily Mail is now reporting the chaos at the FBI and the rumblings behind the curtain that even Kash Patel and deputy Dan Bongino are considering quitting over Epstein files after a furious clash with Pam Bondi. Even though Trump had promised transparency, this is a scandal for which his presidency will also be remembered. Granted, this is far from just some pedophile operation. This one dives head-first into the Deep State.
As far as Maxwell being in jail, in New York City, found guilty following a one-month jury trial, of conspiracy to entice minors to travel to engage in illegal sex acts, conspiracy to transport minors to participate in illegal sex acts, transporting a minor to participate in illegal sex acts, sex trafficking conspiracy, and sex trafficking of a minor. CONSPIRACY is the favorite of tyrants for you do not have to prove you even committed a crime. All you need to prove is that there was an agreement – nothing more. So there does not have to be a client list. All they had to tell the jury was that Maxwell agreed with Epstein to get 16-17-year-old girls to entice their targets for blackmail. They did not have to prove that they had sex with a target. They did not have to prove that any target KNEW the girl was 17 vs 18. The jury only needs to find that you agreed to anything. Then you are guilty.
The Roman Maximinus I used Conspiracy, a crime still used by the United States, yet abandoned in Europe, Russia, and China. Conspiracy is the law of tyrants, for it allows the conviction of someone for a crime they did not commit, nor even attempted to commit, but you claim they “intended” purely as a mental state to commit in the future. Maximinus I engaged in legal persecution. He used conspiracy effectively and tore the Roman economy apart at its seams. He charged a noted Senator by the name of Magnus with conspiracy against the emperor, found him guilty, executed him, and then arrested 4,000 others, claiming they conspired with him to depose him. He then used criminal law to claim they had committed a conspiracy, and that, of course, justified confiscating all their property as well.
If you look closely, about 25% of all federal crimes are only conspiracy (18 U.S.C. § 371), where they do not have to prove you committed an actual crime, according to analyses of USSC data and reports from the Department of Justice (DOJ). The major conspiracy statute is used in drug cases, 21 U.S.C. § 846, which is most often used. Analysis of drug cases reveals that conspiracy is a dominant charge in federal drug trafficking cases, often being the primary or only charge used.
The DOJ Will Seek Death Penalties for Conspiracy
Indeed, conspiracy charges are frequently and strategically used in federal murder cases. They are a powerful tool for federal prosecutors to avoid hard evidence, often serving several critical purposes. Conspiracy charges allow prosecutors to hold all participants in a criminal agreement responsible for the murder, not just the person who pulled the trigger (the “triggerman”). Anyone remotely connected can be executed under conspiracy even if they did not know someone else was going to kill someone. One famous case in the Southern District of New York charged three separate Italian groups with conspiracy to murder the same individual, when they did not have to prove anyone killed the individual; all they had was his car left at the airport, and nobody saw him ever since. All three Italian families were found guilty with no body and just theories.
Overcoming Evidentiary Hurdles is the #1 objective of using conspiracy. Proving conspiracy (an agreement and overt acts) can sometimes be easier than proving the specific intent and act of murder itself, especially for individuals further removed from the killing. Evidence like communications, meetings, financial transactions, or preparatory actions can establish the conspiracy.
Then there is the Pinkerton Liability. Under the Pinkerton doctrine (based on Pinkerton v. United States, 328 U.S. 640 (1946)), conspirators can be held liable for foreseeable crimes committed by their co-conspirators in furtherance of the conspiracy, even if they didn’t directly participate in or intend that specific crime. This is crucial in murder cases. This is what makes the US conspiracy law the law of tyrants. They can sentence you to death for the actions of someone else with no requirement to prove you even knew, so much for justice.
Conspiracy to commit murder (often charged under 18 U.S.C. § 1117) carries a potential penalty of up to life imprisonment, or if death results, potentially the death penalty or life without parole. Conspiracy charges are not just used; they are a fundamental strategy in federal prosecutions. They allow the government to achieve its virtual 99% conviction rate. There will never be freedom in the United States until the charge of CONSPIRACY is repealed.
Posted originally on Jul 11, 2025 by Hannah Jackson
As some of you may have noticed, I am back on social media. The idea is to post video-based content of interviews (snippets) as well as shorter-form text on Twitter.
I will be posting a story on Instagram where you can ask questions. I will be answering them on video once a month.
The X (Twitter) account is my personal one, which I am starting to use again. The original Armstrong Economics account is also up and active.
Posted originally on Jul 11, 2025 by Martin Armstrong
The Internal Revenue Service has deemed it legal for tax-exempt places of worship to back political candidates. The Trump Administration pushed for this measure, repealing a 70-year tax code enacted in 1954 by then-Senator Lyndon Johnson known as the “Johnson B. Amendment.”
The Johnson Amendment deemed it necessary for religious organizations to maintain nonpartisan status to protect the Constitutional conditions of separation of church and state. The law forbids churches and other religious organizations from using funds to endorse political candidates. Organizations could vocally support a candidate, but by law, they were unable to financially enter politics as their tax-exempt status came with a nonpartisan clause. All of this is now changing.
“Communications from a house of worship to its congregation in connection with religious services through its usual channels of communication on matters of faith do not run afoul of the Johnson Amendment as properly interpreted,” the IRS said in the joint filing Monday with theNational Religious Broadcastersgroup in U.S. District Court for the Eastern District of Texas.
“When a house of worship in good faith speaks to its congregation, through its customary channels of communication on matters of faith in connection with religious services, concerning electoral politics viewed through the lens of religious faith, it neither ‘participate[s]” nor ‘intervene[s]’ in a ‘political campaign,’ within the ordinary meaning of those words,” the filing said.
Last year, the National Religious Broadcasters (NRB) filed a lawsuit against the IRS, claiming that the Johnson Amendment violated their First Amendment rights. The organization believes that the First Amendment protects them from any restrictions on freedom of speech and freedom of exercise of religion. Yet, these places of worship also enjoy tax code 501(c)(3) that prevents the government from collecting taxes. In Branch Ministries v. Rossotti (2000), a church attempted to sue after its tax-exempt status was revoked for financially backing a political candidate. The court once again ruled that the Johnson Amendment did not violate the First Amendment.
The court stated that the church was not prohibited from freedom of speech, as they could vocalize their support. However, the tax benefit comes with the condition of remaining nonpartisan. The ruling found the burden was not “substantial” enough to violate constitutional protections.
Repealing the Johnson Act would drastically alter political endorsements as these religious institutions not only have massive funds to spare but could turn them into tax-deductible super PACS. Dark money would certainly flow through these organizations to alter politics as any funds to the church or religious organization could be untraceable. Foreign citizens and nations could also anonymously funnel unlimited amounts of money through these tax-deductible super PACS and directly influence domestic elections.
Jewish temples would become the new AIPAC, the Catholic Church could install their candidate of choice, which would NOT have been Donald Trump, mosques would use donations as they deemed fit, the list goes on and on.
Churches and places of worship are tax-exempt because they maintain “benevolent neutrality,” which dates back to medieval England before it was brought over to colonial America. Political donations are not charitable work or philanthropy. The IRS is attempting to blur the lines between church and state. Conservatives may think that this measure could only benefit their cause, but that is far from the truth, as what constitutes a religious organization is quite vague in the United States. Then public trust of religious institutions would erode as they would be seen as political entities. The core mission of assisting those in need would be completely lost.
Posted originally on Jul 11, 2025 by Martin Armstrong
The Minutes Report by the Federal Reserve indicates that the central bank is unlikely to cut rates at the next Federal Open Market Committee meeting on July 29-30. FOMC members unanimously maintained the borrowing range between 4.25%-4.5% where it has stood since December 2024. The central bank knows that it has limited power to control inflation through rate cuts, and stimulating demand is a moot point when the government is the largest borrower.
Instead of noting that the government simply borrows in perpetuity, Fed members focused on uncertainty surrounding tariffs and a potentially weakening labor market. Chairman Jerome Powell stated that cutting rates was a “closer call” as the 2% inflation target as been out of reach for several years. “With regard to the outlook for inflation, participants expected that inflation would continue to move toward 2 percent, although they noted that recent higher-than-expected readings on inflation, and the effects of potential changes in trade and immigration policy, suggested that the process could take longer than previously anticipated,” the FOMC minutes said. The last CPI reading was 2.7% with the PCE coming in at 2.4%.
The ongoing Trump v Powell feud is potentially spilling over into policy. Despite non-foreign-born citizens picking up over 2 million jobs as a direct result of deportation efforts, the Fed believes that the weakening labor market could be the result of deporting cheap labor. “Almost all participants judged that upside risks to the inflation outlook had increased. As reasons for this judgment, participants cited recent stronger-than-expected readings on inflation and the likely effects of potential changes in trade and immigration policy,” the minutes said. Unemployment fell to 4.1% with June posting an increase of 147,000 jobs.
The Fed is also blaming Trump’s tariff policies for inflation. “Ultimately, the cost of the tariff has to be paid, and some of it will fall on the end consumer,” the Fed Chair told reporters in June. “We do expect to see more of that over the course of the summer.” Powell is confusing a one-time price adjustment with a monetary-driven inflationary wave that began in 2015 and soared after the pandemic. As previously noted, “almost all” participants saw trade policy as an upside risk to inflation. “Many participants noted that the eventual effect of tariffs on inflation could be more limited if trade deals are reached soon, if firms are able to quickly adjust their supply chains, or if firms can use other margins of adjustment to reduce their exposure to the effects of tariffs,” the Minutes stated.
A ”couple” of members stated rate cuts could happen at the next meeting, with Fed Governors Michelle Bowman and Christopher Waller going on record to say that they believe rate cuts are appropriate this month. “Several” officials said the overnight rate “may not be far” from target, believing a bit of adjustment could bring inflation to target. The “dot plot” of individual officials indicates a divide on the outlook of cuts.
The Minutes Report noted that two rate cuts could potentially happen in 2025, followed by additional cuts over the next few years. Powell has less than a year left in office, and the president is certain to appoint someone who will abide by his policy that he sees through the eyes of a borrower and not a lender.
Posted originally on Jul 11, 2025 by Martin Armstrong
Under President Trump, native-born employment has increased by more than 2 million, while foreign-born employment has declined by over half a million! pic.twitter.com/8AYV3l28mn
Mass deportation efforts have led to a shift in hiring practices. American citizens are filling roles that were once reserved for migrants. Similar to the Civil War logic of the Democrats of that age, critics of deportation efforts claim that no one will be around to work for slave wages. Employers are now hiring American citizens to fill those same roles.
The Bureau of Labor Statistics reported that the number of foreign-born workers increased by 20% under the Biden Administration. Around 130.4 million native-born Americans were employed in May, the BLS reported, marking an astounding 4.5 million increase since May 2021, shortly after Biden opened the borders. Around 30.9 million foreign-born held jobs in May, which is still up 5.1 million from May 2021 and 637,000 since May 2023.
Half of ALL hires for fiscal year 2024, which started on October 1, went to immigrants. Standard Chartered estimated that around 170,000 immigrants per month received employment documents from the US Citizenship and Immigration Services. They also stated that 64% of foreigners in America are currently employed, which translates to approximately 109,000 migrants per month. Last year, before Trump took office, foreigners held over 800,000 of the 3.1 million jobs created, accounting for more than 25% of new hires.
Only 16% of the US population is foreign-born. The number of jobs that went to those who crossed into the country is staggering. Since January 2025, over 2 million Americans have been able to find employment again, while 543,000 foreign-born workers have left the workforce.
Democrats are continuing to fight ICE and deportation efforts. This is one of the main reasons. Support for deportation remains high among American citizens, many of whom were struggling to find employment as they required higher wages. Without a doubt, the migrant crisis increased the level of unemployment for Americans, and it is a flat-out lie that employers would face a mass labor shortage without migrant workers.
Posted originally on Jul 10, 2025 by Martin Armstrong
Ursula von der Leyen may be the absolute worst head of state in modern history. She has single-handedly ensured the collapse of the European Union according to our computer. She destroyed the EU economy with her NET-ZERO policies, destroying farmers and sending food prices rising. She then imposed dictatorial policies demanding migrants be taken in despite the drastic changes in culture, and then has put out the BS that to protect free speech, they must censor disinformation, to ensure peace in Euirope they need to go to war with Russia, and while she advocates total sensorship far worse than whatever existed in the USSR or even Communist China, yet refuses to release her own text messages with Pfizer.
While Ursula, who has never stood for election, pretends to be an elected democratic leader, calling Putin a dictator who at least stood for election, survived the NO CONFIDENCE vote to the detriment of Europe. The mere fact that this came to a vote demonstrates what our computer has been forecasting. The EU will fragment because of the dictatorial policies of Ursula. She is the perfect leader installed at the precise time that our computer warns that the EU will never survive. Her policies have been dictatorial and she has had no respect or regard for the culture of Europe. She is seeking to do what Joseph Stalin did in forces unified drone-like culture upon all the republics in Russia.
The ECM warns that the European Commission will reach the 72-year mark of political change in 2030. Last year, on February 19, she announced her bid to secure another five-year term, which would keep her in office until 2029. Von der Leyen has unfinished business: the transition to EU “climate neutrality,” for example, and shepherding Ukraine’s hoped-for accession to the 27-member bloc. Her policies are so contrary to economic neutrality that they have sealed the fate of the EU, and anyone who voted for her should be dragged out of office, for they do not care about Europe – only their political affiliation.
Von der Leyen sees herself as untouchable. The corruption with the EU is just massive. She will put Europe into a war footing for 2026 and it is UNLIKELY that the EU will even survived intact beyond 2030. This is the array from 2017 which targeted a Panic Cycle from 2021 which marked her disastrous COVID policies that she refuses to turn over her text messages. If you are being investigated for “disinformation” and refuse to turn over subpoenaed evidence, you go to prison. Ursula is above the law and all the corrupt politicians that support her are sealing the fate of Europe into the years ahead.
Posted originally on Jul 10, 2025 by Martin Armstrong
Bulgaria’s adoption of the euro is a major step toward abandoning its remaining sovereignty. The European Union is akin to a drowning person clinging to anything nearby in an attempt to stay afloat. Bulgaria will become the 21st nation to adopt the euro beginning in January 2026.
Protests against the adoption have been ongoing for months. Citizens fear the spike in prices once the euro is adopted with good reason. In a population of 6.4 million, two million receive a pension of €226 a month. Net wages average only €355 a month. Bulgaria has one of the weakest economies in the EU, yet is expected to instantly adopt a currency with an official and fixed rate of 1 euro = 1.95583 lev. The nation’s GDP was 24.1% in 2024, far beneath the EU’s 60% threshold.
Bulgaria’s lev has been pegged to the euro since 1999 under a currency board arrangement. That means the country has already given up most of its monetary tools. But formally joining the euro locks in those losses—permanently. There will be no going back.
Proponents claim that Bulgaria will now have the European Central Bank’s liquidity facilities and bond purchasing programs. They tout that borrowing costs will be lower and joining will raise the nations creditworthiness. But for what? To take on more debt that they will never be able to default on?
Once Bulgaria joins, it will no longer be able to devalue its currency to remain competitive. That’s how small economies adjust in a floating system. But inside the eurozone, you’re stuck. All monetary policy decisions are made by the ECB in Frankfurt, which answers to no elected body. If Bulgaria experiences a downturn, they can’t cut rates or devalue—just like Greece in 2010. They will be told to cut pensions, raise taxes, and accept IMF mandates. That’s not sovereignty.
The former communist nation has a long history of political instability. In fact, there have been seven national elections in the past four years alone. Citizens have no trust in their government and do not bother with voting, as voter turnout reached only 34.4% in June 2024. The nation is also internally divided when it comes to support for Russia.
Alpha Research conducted a poll in July 2025 that found 46.5% of the population was in favor of euro adoption while 46.8% are in opposition. Eurobarometer conducted a separate poll in March 2025 that found 45% in favor and 53% against. Nationalism was already rising in Bulgaria, but this adoption of the euro will heighten the nation’s political divide as half the population does not want to surrender its identity to Brussels.
Adopting the euro is a politically motivated rather than a strategic economic move. Bulgaria has lost its remaining freedom from the EU and surrendered all economic freedoms.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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