NEOCONS – Destroying Our Western Civilization


Posted originally on Jul 23, 2025 by Martin Armstrong 

Nikita Khrushchev We will bury you

Neoconservatives (neocons) are a faction within U.S. foreign policy circles who advocate for an aggressive, interventionist approach to promoting American interests and values abroad, which is the cover story, along with spreading democracy, which we do not even experience. Their hostility toward Russia stems from several key ideological and strategic motivations that date back to when Khrushchev said, “We will bury you,” a philosophical boast that he believed communism would defeat capitalism, much like Sparta defeated Athens.

2019 Ursula become President

Neoconservatives view Russia under Putin as an authoritarian, revisionist power that suppresses democracy, violates human rights, and threatens liberal democratic values, including the WOKE agenda. They see regime change or containment as necessary to weaken Russia’s influence. Russia was communist, but that fell. They are now capitalists, but they have shifted their focus from communism to authoritarianism, which is indistinguishable from that of any Western country. We may elect a president as Russia does, but we have unelected moles within the Deep State that act in their own self-interest. In Europe, the head of the EU does not stand for an election, nor does anyone in the Commission. Ursula was appointed on December 1st, 2019. She has NEVER stood for any democratic position in history, yet she calls Putin a dictator who has stood for election.

John_Kennedy_Nikita_Khrushchev_1961

Many neocons (especially older figures) retain a Cold War mindset, seeing Russia as the successor to the Soviet Union—an existential adversary that must be confronted rather than accommodated. They distrust diplomacy with Moscow, believing it only emboldens aggression. They act with their disdain and aggression, insisting it is self-defense because that is what Russia intends.

Diplomacy Merz_on_Ukraine_No_hope_left_for_a_diplomatic_solution_t

While the AFD in Germany opposes supplying Ukraine with endless weapons, Merz is a diehard Neocon and is doing everything in his power to ensure that Germany is attacked to justify World War III. He has insisted on an exception for deficit spending, ending Germany’s austerity, all for defense. He says there is no diplomatic solution, and this is right out of the Neocon Playbook – never talk to the enemy, for they may lead to peace.

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Neoconservatives push for NATO expansion (e.g., advocating for Ukraine’s membership) and support arming proxy forces (like in Syria or Ukraine) to roll back Russian influence. They view this as a means to solidify U.S. global hegemony. They have promoted NATO expansion to Asia and have wanted to open NATO headquarters in Japan.

Neocons often argue that showing restraint (e.g., not responding forcefully to Russian actions in Crimea or Syria) encourages further aggression. They favor military buildups, sanctions, and regime-change strategies to pressure Moscow. Yet, they have never won a single aggressive war since World War II. Robert S. McNamara even apologized for taking the USA into Vietnam, admitting that they believed Russia was involved, “We were wrong. It was just a civil war.”

Bribes Behind Doors

Critics argue that neoconservatives are influenced by defense contractors and lobbyists who benefit from prolonged conflict. While not all neocons are directly tied to these interests, most are closely tied to them. Their policies align with a permanent war economy. Lindsey Graham, a U.S. Senator, and his most significant political contributors include industries such as defense, healthcare, and finance. For example, his top defense donors are Defense contractors Boeing and Lockheed Martin.

Georgia_McCain Grachm Propose_To_join NATO

Senators John McCain and Lindsey Graham have supported the idea of Georgia joining NATO, emphasizing the importance of strengthening ties and security in the region. They have advocated for NATO enlargement to include Georgia as part of a broader strategy to counter Russian influence. Then with a straight face, the Neocons claim Putin’s Russia as an imperialist power seeking to dominate Eastern Europe (e.g., Ukraine, Georgia) and the Middle East, which are their exact goals. They believe that only forceful U.S. action can prevent Russian hegemony in these regions, necessitating confrontation.

Yet, when General Wesley Clark went to the Pentagon after 911, he was told they were invading IRAQ and intended to take seven countries simply because they claimed they used to be leaning toward Russia. Yet they insist that Russia is imperialistic when it does the same thing.

Kristol the war over Iraq

Some neocons prioritize Russia because they grew up hating Russians. This is their historical baggage (Cold War-era policymakers dominate their ranks). They instigated the Ukraine War to draw Russia into a direct confrontation and have no problem sacrificing Eastern Europeans to kill Russians. Bill Kristol even argued that invading Iraq would somehow bring peace to the Middle East, when this was supposed to be step one for the invasion of the Middle East.

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The Neocons who now control Germany, France, the Netherlands, Britain, Poland, all the Baltics, and Scandinavia have succeeded in usurping power to create WWIII. Sweden was neutral in WWII – today they joined NATO and have placed a target on the back of every citizen. They do not care about any Eastern European. They are merely pawns on their chessboard to conquer Russia.

War Cartoon

They told the Ukrainian people in 2014 to overthrow their government, for this was their moment for peace. Then they instructed the UNELECTED government to attack the Donbas and start this civil war to draw in Russia.

World GDP 2024

China is harder to confront militarily without incurring catastrophic economic consequences, as it is becoming the largest economy in the world. China is the largest economy in the world, when calculated using Purchasing Power Parity data from the World Bank (with growth estimates from the IMF), and including estimates of the undervaluation of GDP, adding the grey market of China, which is extensive. The underground economy in China is much larger than in the USA or Europe.

NATO_Defeat Russia_in_3_Days Adam Kinzinger

Criticism of Neocon Policies

Opponents argue that neoconservatives always overestimate U.S. power (e.g., Iraq War blowback. Neocons like Kinzinger have actually claimed the US can defeat Russia in 3 days.

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1991 NATO Will Not Move East

The Neocons have escalated risks of nuclear war, pushing NATO to Russia’s borders, begging for a fight. They lied to Gorbachev, telling the press they never “promised” that they would not move nukes right to Russia’s border. Our Neocon did the very same thing that Khruschev did in 1962. The Russians at least staged a coup and removed Khrushchev, who was replaced by Brezhnev. There is a movie, The Courier, about how a Russian was tipping off the US about the missiles heading to Cuba. These Neocons have sought to surround Russia with nukes right up to their borders. They deny their actions and claim this is self-defense, when in fact it is offensive, trying to provoke war.

Cuba Front Page 10 28 1962

The Cuban Missile Crisis occurred in October 1962 and was a 13-day confrontation between the United States and the Soviet Union over the deployment of Soviet nuclear missiles in Cuba.

  • October 22: Kennedy announces the discovery of the missiles in a televised address and imposes a naval blockade (quarantine) around Cuba to prevent further Soviet shipments.
  • October 24-25: Soviet ships approach the blockade but stop or turn back, avoiding direct conflict.
  • October 26-27: Tense negotiations between the U.S. and USSR. Soviet leader Nikita Khrushchev sends two conflicting messages—first offering to remove missiles if the U.S. promises not to invade Cuba, then demanding the U.S. also remove missiles from Turkey.
  • October 27 (“Black Saturday”): A U.S. U-2 plane is shot down over Cuba, killing pilot Rudolf Anderson. The U.S. prepares for possible military action.
  • October 28: Khrushchev announces the withdrawal of Soviet missiles from Cuba in exchange for a U.S. promise not to invade Cuba and a secret agreement to remove U.S. missiles from Turkey, which was withheld from the public to make it sound as if only Russia backed down.

The Neocons constantly undermine diplomacy (rejecting détente in favor of perpetual confrontation). They cannot accept the fact that the Soviet Union collapsed with communism, which was the archenemy. They transformed their hatred of communism into racism against all Russians. Friends from Germany report that they can “feel” war is in the air.

Gary Underwood

One document that the CIA has been hiding is the Gary Underwood document that states plainly that the CIA ASSASSINATED Kennedy. The reason this is important is that the Neocons are still running the show, lie about everything, and are in complete control of Europe, and are moving to achieve their ultimate goal – the total destruction of Russia, which is not fulfilling Ukraine’s ethnic cleansing of all Russians.

Neocon 1

Conclusion

Neoconservatives see Russia as an ideological and strategic enemy that must be defeated rather than negotiated with. Their influence ensures hardline policies persist, even when they risk unintended consequences. They never consider the people they send into battle. They never consider the national debt or that no nation has ever benefited from prolonged war. They lie about absolutely everything and always claim that their enemy will attack, so they need to attack first using proxies like Ukraine or Vietnam.

Cuban Missile Crisis

They started Ukraine right on schedule – 51.6 years from the Cuban Missile Crisis. The next 8.6-year wave targeted 2022, which peaks in 2027. Russia came to the rescue of the Donbas in 2022.

China Continues to Offload US Treasuries


Posted originally on Jul 24, 2025 by Martin Armstrong 

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China has been offloading its US Treasury holdings for years. Once the top holder of US debt, China cut its US Treasury holdings for the third consecutive month this May. Total holdings have fallen to $756.3 billion from $757.2 billion in April, according to the US Treasury, marking the lowest debt held since May 2009.

As of 2024, China has reduced its holdings by approximately 30% over a four-year period. China was able to use the exchange rate to buy yuan when the currency depreciated. China seemed to be assisting Trump years ago in lowering the dollar to ease trade frictions. That is no longer the case here as the United States began engaging in economic warfare when it pushed Russia off SWIFT, implemented sanctions, and confiscated private assets. Politicians have threatened China with economic warfare over Taiwan, and there is no incentive to hold the debt of your political enemy. It is akin to holding a gun to someone and asking them to lend you money with the promise to pay it back.

US debt to China Buy Bullets

In 2013, China held $1.317 trillion in US Treasury securities at its peak holding. Geopolitical rivalry followed as China increased its military presence in the South China Sea and the US responded by forming alliances with neighboring Asian nations and conducting military operations near Taiwan. Former President Obama and Xi Jinping met in 2013 as well amid ongoing conflict regarding arms sales to Taiwan, cyber espionage accusations, and disagreements over North Korea. China offloaded $550 billion in US Treasuries by the end of 2013 and Japan became the largest holder of US debt.

Let us not forget that the Ukraine war sprang up in 2014, and the West installed its puppet government. China observed and responded accordingly. Tensions heightened in 2015 when China continued to assert its dominance in the South China Sea. The US refused to accept the One China policy, despite desperately needing China to remain an ally. Trump’s first term marked ongoing trade wars between the US and China that turned into outright hostility. The Hong Kong protests of 2019 further strengthened ties as the US aligned itself with Hong Kong and once again dismissed the One China policy.

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Biden Vows to Protest Taiwan

By 2020, China was akin to Russia in terms of being the “communist” enemy of the West. Mike Pompeo delivered a speech in which he declared the end of an era of engagement with China due to intellectual property theft, territorial claims, and human rights abuses. Both Trump and Biden blacklisted Chinese companies and spoke of an ongoing need to distance the US from China rather than form a concrete alliance with its top trading partner.

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2022_04_21_Graham vists Taiwan

By 2022, we had Nancy Pelosi and other top politicians visiting Taiwan to show their support for sovereignty. The US vowed to intervene if China attempted to reclaim its territories. Three years ago, the Chinese government warned the provinces and private companies not to borrow dollars. The people and institutions were free to do as they pleased, despite China being deemed an evil communist nation by the West.

All of this was a political farce as the West is selective about which nations it wants to be the moral police over. China will never have the incentive to take on more debt of an enemy nation. The Fed desperately needed China’s participation as its plan was to roll over its debts perpetually, but that is now out of the question. Japan is facing a massive crisis and will be the first to default. What will the US do when no one is willing to buy its debt?

Bank Branches are the Latest Creative Destruction Casualty


Posted originally on Jul 24, 2025 by Martin Armstrong 

Electronic Dollar Digital

Over 8,000 bank branches are expected to close worldwide in 2025. Approximately 3,200 of those closures will take place in the United States. Q1 experienced 148 net branch closures in the US, with all major banks slated to close branches throughout the year.

These are merely bank closures and not bank failures, although two smaller US banks did fail this year. People simply prefer online banking as we have made the switch from relational to transactional banking.

Bankrate conducted a survey that found 77% of Americans prefer online digital banking, yet other surveys believe the figure is closer to 89%. Digital banking has been rising in popularity in recent years, up from 203 million domestic users in 2022 to the 216.8 million projected users in 2025. The survey found that 34% of consumers use online banking on a daily basis, consistently checking their account and transactions. There has even been a 19% increase in use among the 65+ crowd who is least likely to use digital services.

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The total number of bank branches across the US fell below 65,000 in Q2. Texas, New York, and California saw the largest decrease in brick-and-mortar locations. Many branches that chose to remain open are only offering drive thru services. One in three banks has closed in rural areas as there is no demand, and the Federal Reserve noted in its annual Banking Access Report that the number of “banking deserts” across the Midwest is rising.

Banks have no overhead with digital banking services and they do not need to hire staff. The cost-per-transaction for in-person banking is $4.00 compared to only $0.04 for digital. AI is rapidly replacing bank tellers with a 3 to 1 ratio.

The trend is global. The United Kingdom anticipates 370 to 450 branch closures this year. Germany and France are facing 1,100 closures combined. The Asia-Pacific region of the world saw a 16% reduction in bank branches from January to May 2025. Certain nations like Malaysia and Thailand also offer branchless micro-banking kiosks to substitute relational banking.

The money in your bank account is already just an electronic book entry. Not only is there less demand for face-to-face banking, but they are also preparing for CBDCs as bank branches are unnecessary without physical paper money. You can deposit a check on your phone or at a kiosk, but e-checks are rising in popularity. The only thing left for a branch is safe deposit boxes, and the government assumes you are hiding cash there anyway. Relationship banking is becoming a thing of the past, the latest casualty in the cycle of creative destruction.

Ground Beef Prices on the Rise


Posted originally on Jul 23, 2025 by Martin Armstrong 

Dairy Cow

Ground beef is the new egg as the media has turned its attention to a new grocery item impacted by inflation. The average price for a pound hit $6.12 in June, up 12% YoY, and the highest price recorded since the government began collecting data in the 1980s.

Some news outlets blame tariffs on Brazil that have not yet gone into effect, but Brazil only imports 5-7% of the overall supply. The United States chiefly supplies itself with ground beef, with domestic production accounting for 75-80% of the overall supply. The problem is that the US has had six consecutive years of herd contraction, and the current supply is unable to meet demand. As of January 2025, cattle inventory reached 86.7 million head, 1% down YoY, and the smallest inventory since 1951.

Cattle Herd

One must recall how the previous administration was pushing forth the net-zero emission agenda. Farmers willingly reduced herd size to avoid threats of taxation. From 2021 to 2022, the EPA touted a 2% drop in methane from enteric fermentation, but that was primarily due to shrinking beef cattle populations.

Weather was also a main driver as droughts that began around 2020 in abundant farm areas cut down cattle size. Overall inflation has caused the cost of food to soar for farmers as well, with feeder cattle prices up 9% YoY.

The US increased beef imports by 24% from 2023 to 2024 to offset domestic constraints. Australia supplies around 7% to 10% of all beef, followed by Brazil, with New Zealand accounting for 3% to 4% of the supply, Uruguay for 2% to 3%, and Argentina with 1% to 2% of the total supply. Still, America is largely self-sufficient in supplying ground beef.

Now this is simply the ground beef supply as live cattle is a different trade. Naturally, the US looks to its neighbors, Mexico and Canada, for live imports, with Canada supplying 15% to 20% of live cattle and Mexico supplying up to 15%. Even though the US has the lowest head inventory on record since 1951, the majority of live cattle used to create ground beef is domestic. Now, Mexico has a massive screwworm outbreak from late 2024 to the present day. The US suspended all live cattle imports from Mexico in May to prevent the disease from spreading, which lasted into July and impacted peak seasons.

Ground beef prices are up due to an imbalance in supply and demand. The headlines are blaming Trump tariffs for this inflation without understanding that prices naturally rise when demand outweighs supply.

Spaniards Demand Mass Deportation


Posted originally on Jul 23, 2025 by Martin Armstrong 

Spain.Houses.RealEstate

The people of every Build Back Better nation have been suffering the repercussions of open border policies. Civil unrest has erupted in nearly every European nation as the people refuse to sit idle as their demographics forcibly change. A recent survey in Spain by El Mundo found that 70% of Spaniards support mass deportation.

Among the PP Party, 92% of respondents stated that the government needed to implement a mass deportation program. Even the Socialist Party, which supported open border policies, sees that it is no longer feasible, with 57% stating they now favor mass deportations. Only the far-left Sumar Party, far smaller than the main parties in the nation, would like to leave the borders open, with 67% rejecting deportations.

Spain was once a transit country for migrants to reach other destinations. As government policy shifted to be favorable to migrants, those illegally entering chose to stay in Spain. Since 2020, Spain has experienced an astounding 650% increase in family reunification visas, according to the Ministry of Inclusion, Social Security, and Migration. These are merely the people on record who were granted permission to stay and do not account for those illegally living within Spain’s borders.

Permits were granted to 43,848 people in March 2020. Exactly five years later, Spain granted permits to 328,841 people. These people claim to have family ties to legal citizens or residents, and the permits grant them temporary residency that can be renewed.

Spain experienced a 96% surge in illegal entries between January and June 2024. The majority (167%) of illegal migrants are finding their way to the mainland through the Canary Islands, with the majority of migrants coming from West African nations such as Mali, Senegal, and Morocco. The journey is extremely dangerous, and while figures are unknown, it is believed that 10,000 people died attempting to cross the Mediterranean or Atlantic to the promised land of Spain. There has also been a concerning uptick in unaccompanied minors, with over 6,000 finding their way to the Canary Islands by August 2024. No one can protect these children from exploitation and trafficking because open border policies are an illegal practice granted permission to operate by leftist governments.

Prime Minister Pedro Sánchez’s liberal government favors open border policies and approved a plan to grant 900,000 illegal immigrants legal status over the next three years. Those 10,000 people died because his policies state that people may stay if they find their way into the nation. He does not care that the people of Spain are demanding closed borders.

Spain’s birth rate is the lowest on record since 1941 at 1.19 per woman. The government believes that the nation will need 25 million new migrants over the next 30 years to maintain the workforce and social welfare systems. Mass replacement theory is real.

Top bureaucrat Hillary Clinton admitted the concept: “It’s all in there—the return to the nuclear family, the return to being a Christian nation, return to producing a lot of children, which is sort of odd since the people who produce a lot of children are immigrants.” This ties into the Marxist concept of terminating the nuclear family and undermining religion.

Spain and every other open border nation will become unrecognizable if policy does not change.

Cash Accepted Here – Payment Choice Act


Posted originally on Jul 23, 2025 by Martin Armstrong 

cashless society electronic money

Senators Kevin Cramer (R-ND) and John Fetterman (D-PA) have introduced bipartisan legislation, the Payment Choice Act, which would require businesses to accept cash payments. Money is merely the medium of exchange that someone is willing to accept for goods or services. Businesses across America have inadvertently contributed to the push toward a cashless society by refusing to accept cash as a form of payment.

“Any person engaged in the business of selling or offering goods or services at retail to the public who accepts in-person payments at a physical location … shall accept cash as a form of payment for sales made at such physical location in amounts up to and including $500 per transaction,” the measure stipulates, in part.

The war on cash is part of the broader agenda to eliminate all financial privacy and control every transaction. Refusing to accept cash is not merely a business decision but a step toward a totalitarian digital monetary system. Why bother with cash if you cannot use hard currency to pay for goods and/or services? Governments and central banks are pushing digital currencies to track, tax, and control every penny in circulation. If businesses start denying cash, they’re doing the state’s dirty work for them unintentionally.

Certain businesses prefer the convenience of credit cards and not all payment systems are equipped to accept cash. Yet, as Senator Cramer stated in his argument when proposing the bill, physical cash is legal tender, and businesses are limiting consumer choice by forcing the use of debit and credit cards for transactions. Then you have businesses that pass on the 3% transaction fee to consumers, adding to inflationary pressures. “Do you accept cash?” has become a common courtesy, as consumers are aware of the need to travel with a card to ensure purchases. Naturally, governments have cracked down on businesses that only accept cash, as they assume these businesses are attempting to avoid taxation. This is the first piece of legislation that actually supports the consumer over the government it is refreshing to see it gain bipartisan support.

The bill makes exceptions for businesses that have “a sale system failure” or those that do not have enough cash available to provide change. In fact, companies would not be required to accept $50 or $100 bills under this legislation to prevent the latter. It is quite disappointing to see the freedoms many are willing to relinquish in the name of convenience.

Once cash is gone, you’ll have no ability to opt out. So yes, we need to protect cash, and that may require legal guarantees that it remains a valid and accepted form of payment.

Institutions Decreasing Real Estate Purchases


Posted originally on Jul 22, 2025 by Martin Armstrong 

Real Estate

Investors continue to snap up residential properties, as real estate has evolved into an investment class of its own. New reports show that between 2020 and 2023, investors were responsible for 18.5% of home purchases. In the first three months of 2025, investors composed 27% of all residential properties, marking the highest share in half a decade, according to BatchData.

High mortgage rates, coupled with high property values, have caused many would-be buyers to reconsider their purchases. Investors have fewer constraints, leading to the purchase of 265,000 residential properties during Q1, or a 1.2% YoY rise. However, we are seeing a decrease in institutional investments in real estate. The big money is not looking at real estate in this environment. Although investors accounted for 1.2 million homes in 2024, only 20% of the 86 million single-family homes in America are investor-owned.

Mom-and-pop investors who own between one and five homes purchased 85% of all investor-owned residential properties, with those owning between six and ten properties securing 5% of the market. Institutions owning 1,000 or more properties account for only 2.2% of investor-owned homes.

Purchasing real estate amid record-low rates was a no-brainer for investors, and institutions in particular, who had the liquidity to outbid competitors with cash offers. As interest rates rise, the cost of financing becomes prohibitive even for institutions. Institutions rely on leverage to enhance returns, and when borrowing costs rise, the math simply doesn’t work anymore. Real estate is an illiquid asset. In a world moving toward capital controls and rising geopolitical tensions, institutions are reallocating toward assets with more mobility. Capital is no longer looking at real estate as a long-term store of value. It’s moving into tangible assets that are more liquid—commodities, energy, gold, and equities.

The available real estate inventory is at its highest level since the pandemic, but the sector has become stagnant as homes sit on the market for far longer. So while institutions have the capital, interest rates aside, they are not looking at mere rental or flipping income. People investing in real estate in this environment are seeking a modest additional income.

Institutions are not interested in buying and holding tangible assets in a volatile environment where returns are not guaranteed. Look at New York City, for example—people are fleeing ahead of an incoming socialist local government that has promised to raise taxes on top earners. Real estate is no longer the safe bet it once was due to a lack of confidence in future regulation.

Neocon Threatens to Crush Economies over Russian Oil


Posted originally on Jul 22, 2025 by Martin Armstrong 

Neocon Lindsay Graham, the modern-day John McCain, would willingly destroy ties with America’s top trading partners in the name of war. Graham has threatened to “crush” the economies of China, Brazil, and India over their continued imports of Russian oil.

Only the fools in the West dismantled their energy sector stability for Ukraine. Everyone was importing Russian oil prior to 2022. “Here’s what I would tell China, India and Brazil: If you keep buying cheap Russian oil to allow this war to continue, we’re going to tear the hell out of you and we’re going to crush your economy, because what you’re doing is blood money,” Graham stated in a recent interview. “You’re buying cheap Russian oil at the expense of the world, and President Trump is tired of this game.”

Zelensky Trump scolding him

Graham’s new strategy is glorifying President Trump’s trade tariffs and deals to position the president as pro-war. The neocons always find their way into the Oval Office. Trump indeed changed his tune on Ukraine. He entered the office from a neutral perspective, even reprimanding Zelensky for requesting endless funds. Even European nations said they were surprised when Trump suddenly signed off on a large arms to Kiev deal in mid-July. “Finally, we are showing that we are pulling in the same direction as security policy partners,” German Chancellor Merz said after learning of Trump’s pivot. Merz, who weeks prior was touting that Europe needed to become independent from the United States, then said that Germany would be willing to buy American weapons to arm Ukraine.

Zelensky_Says_War_Will_End_Sooner_With Trump

China and India have attempted to remain neutral and strengthen their own economies as the West sacrifices itself. We buy oil from Venezuela, turn a blind eye to Saudi actions—but if India buys Russian oil to keep its lights on, suddenly that’s a global threat? The hypocrisy is obvious. The West cut itself off from cheap energy and now wonders why its economies are collapsing. The energy crisis is self-inflicted.

The neocons believe they can dictate foreign policy through tariffs as if China and India were American colonies. China and India together have similar economic strength as the US in terms of GDP. Disrupting free trade will only cause capital to flee America as these nations have no incentive to alter their energy policies for a war that does not involve them.

“Putin wants to take countries that are not his. In the mid-90s, Ukraine gave up 1,700 nuclear weapons with a promise that their sovereignty would be respected by Russia. Putin broke that promise,” Graham also stated, continuing the false narrative that Putin yearns for the USSR. Putin has stated his terms repeatedly and made an agreement with Europe—the Minsk Agreement—that was used as an excuse to allow Ukraine time to build its military. Europe has nothing of value from a land perspective. These neocons are hurting their own nations by weaponizing trade for Ukraine. We have absolutely nothing to gain from these actions.

Taxpayers Lost $10B on Failed Green USPS Initiative


Posted originally on Jul 22, 2025 by Martin Armstrong  

USPS.EV_

The US government wasted $10 billion in public funds attempting to transform the US Postal Service (USPS) into a battery-powered service. Out of the 60,000 purchased EV Next Generation Delivery Vehicles (NGDVs) only 250 have been created. House Republicans are now attempting to rescue any remaining funds from this failed green initiative.

The project was set for completion by September 2028. The funding for this failed conversion came from the largest spending package in American history—the Inflation Reduction Act—the trojan horse to usher in a wave of climate initiatives.  The American people never voted on the Inflation Reduction Act. The American people never voted to transform the USPS into a green-friendly operation. And yet, the American people are forced to pay the bill.

“Biden’s multi-billion-dollar EV fleet for the USPS is lost in the mail, and more than $1 billion is postmarked to order more,” Sen. Joni Ernst (R-Iowa) told The Post. “I am working to cancel the order and return the money to the sender, the American people. The rescissions package is a great start, but Congress must keep its foot on the pedal and make DOGE a lifestyle by stamping out waste like this on a regular basis.”

Defense contractor Oshkosh received $2.6 billion to create NGDVs. Oshkosh promised to provide 3,000 trucks by November 2024 but had only produced 93. Countless issues have been reported with these NGDVs, from leaks to airbags. Worse, Oshkosh was never equipped to handle the production of 3,000 vehicles, and has stated that they have only been able to produce ONE truck per day. They are now working to refine their manufacturing to create 80 trucks per day. Again, there were other avenues and established factories.

Each vehicle came with a price tag of $77,692. The Government Accountability Office warned in February 2025 that USPS has a “high risk” of financial viability as it could not “fully fund its current level of services and financial obligations.” USPS posted a loss of $9.5 billion in 2024, all of which must be supplied by the people. So, in addition to the regular losses, the former administration was doubling down on asinine climate initiatives and digging the agency into a deeper hole.

The Biden Administration spent BILLIONS on investing in EV infrastructure that never came to fruition. I spoke on how Biden approved of a $7.5 billion spending package to build EV charging stations throughout the nation, but only SEVEN were produced in over a two-year span. His most recent climate debacle that came to light rests on decarbonizing the Postal Service.

Yet another example of government spending gone awry. They always create these grandiose plans with no format for execution. The American people should not be responsible for any administration’s outrageous spending—no taxation without representation.

CBDC Anti-Surveillance State Act and the CLARITY Act


Posted originally on Jul 21, 2025 by Martin Armstrong 

US legislators passed a series of bills last week aimed at targeting cryptocurrencies– the CBDC Anti-Surveillance State Act, the GENIUS Act, and the CLARITY Act. I explained the GENIUS Act in another post. Some believe that the CBDC Anti-Surveillance State Act and the CLARITY Act are the safeguards that will ensure the USD is never digitized.

The CLARITY Act determines who will regulate digital assets and what is considered an asset vs a security. The CFTC was tasked with overseeing digital commodities, while the SEC will oversee restricted digital assets whose value is intrinsically linked to blockchain technology. A token sold under an investment contract may or may not be a security.

Electronic Dollar Digital

The Act defines “investment contract asset” as a token that is recorded on blockchain, is sold or intended to be sold pursuant to an investment contract, and can be exclusively possessed and transferred peer-to-peer without an intermediary. Mature tokens on decentralized networks (e.g., Bitcoin or Ethereum), once they meet these conditions, are not classified as securities even if their initial sale qualified as an investment contract. Basically, this act states that the token itself is not automatically considered a security merely through the initial contract. This may prevent the SEC from weaponizing securities against innovation, but it also ensures that the government is enabled to oversee digital transactions.

Now, the CBDC Anti-Surveillance State Act is precise as named. The Act prohibits the Federal Reserve from issuing a CBDC DIRECTLY TO INDIVIDUALS. H.R. 1919 ensures that unelected bureaucrats can never unilaterally issue a CBDC or weaponize a digital dollar to erode our freedoms. The bill would prohibit the Federal Reserve from developing or issuing a CBDC without explicit authorization from Congress.”

The wording is crucial here. Congress still has the ability to authorize the creation of a CBDC. I stated at the last World Economic Conference that the central bank would NOT be the one to usher in digital currency. The real threat is the private banks that US intelligence has already weaponized. The private banks, the Bank for International Settlements (BIS), and the global elite have been pushing to gain control over the monetary system.

euro digital electric

The push for digital currencies is coming from the BIS and commercial banks who want to eliminate all paper currency so they can enforce negative interest rates and prevent bank runs. The Fed was not pushing for CBDCs as the Fed was never intended to be the direct banker of the people. They knew it would destroy the existing structure. But the pressure came from international banking elites and the BIS who are trying to force a one-world digital system.

I appeared in the movie “CBDC, the End of Money,” warning that it would have been unconstitutional for the Federal Reserve to create a CBDC. My sources had confirmed that the Fed would not make a CBDC. This is important, as it chalks one up for the people, retaining our freedom.

This new legislation prevents the Federal Reserve from creating a CBDC, but the US Fed was never pushing for this measure. CBDC is not an American idea. The Fed actually resisted the concept, and Trump has been against the creation as well. But the BIS and the European banking elites are the ones pushing this agenda due to the sovereign debt crisis. The idea is to trap capital to control the inevitable collapse by converting to a digital system. The day may come when the Fed is forced to comply, as we live in a global economy, and the BIS, IMF, and Davos elite are actively working to end banking as we have known it.