Commodity Culture Guest of the Year


Posted originally on Jan 2, 2025 by Martin Armstrong 

Commodity Culture Martin Armstrong 2024

Biden Out of Office 40% of Term


Posted originally on Jan 2, 2025 by Martin Armstrong |  

Biden 2024 Lets finish the job

Countless Americans saved up their PTO throughout the year to enjoy the holiday season with family. The leader of this nation need not take such precautions. I’ve reported that Joe Biden has only been a part-time president, and that claim still holds true as it has been revealed that the president spent 40% of his presidency out of office.

The president has been unavailable for 570 days of his entire term thus far. This is what I say when I explain there is no one at the helm in Washington. Biden now holds the record for being the least active president in American history.

BidenBeach

I believe this has less to do with laziness and more to do with the simple fact that the man is unwell. A newly released report shows that Biden began showing signs of mental decline long before his 2020 Presidential Campaign and the White House was forced to  “adapt … around the needs of a diminished leader.”

The report notes that Biden was unable to handle long meetings without becoming fatigued. The White House was unable to hold early morning meetings and often canceled meeting entirely when the president was having a bad day. “He has good days and bad days, and today was a bad day so we’re going to address this tomorrow,” one aid commented.

A picture of Joe Biden relaxing on the beach in Delaware has accompanied nearly every crisis that America has faced over the past four years. Let us not forget that Robert Hur’s investigation into Biden’s handling of classified documents resulted in deeming the PRESIDENT too mentally unfit to stand for trial. Hur said the public would see Biden as a “well-meaning elderly man with a poor memory” if he were to stand trial. In other words, the public was never meant to see his decline.

The public should be absolutely outraged that the Biden Administration hid this crucial information from the people. Anyone with integrity would have called for his resignation. Instead, we were fed lies for four years and told to look the other way when disastrous mistakes happened under his watch.

Trump to Withdraw from World Health Organization


Posted originally on Jan 2, 2025 by Martin Armstrong 

WHO Logo

The World Health Organization (WHO) is a globalist entity forcefully pushing members into a One World Government under the premise of health. The members of the organization are unelected, and yet, they have proposed countless measures that dictate how the people of the world should live such as global taxation measures. Donald Trump has promised to remove America from this corrupt alliance.

The World Health Organization (WHO) was defunded by Ronald Reagan, restored, defunded by President Trump, and then refunded again by President Biden, assuming he even knew what he was signing. Here is their April 12, 2022 proposal for revising their power. Note that they are grabbing more power to set the stage for what these people hope will be the new one-world government under the United Nations.

Now let’s look at the text revision that expands the power of the WHO, which of course will be UNELECTED, eliminating any democratic process. The text in bold is the amendment to the original text, and you can see what is being crossed out. The highlighted text illustrates that the UNELECTED director of the WHO, a person typically selected by the World Economic Forum, will have the power in case of a health emergency (which they declare) to consult (or not) under Article 49 to “seek the views of the Emergency Committee.” Article 49 then describes the procedures the Director-General should take when a health emergency occurs.

Clearly, this is intended to expand the powers of the Director-General approved by a simple majority of the 194 member countries. That means the majority can grant power over nations that resist such dictatorial power. These amendments would enter into force as international law just six months later, and they clearly would violate the United States Constitution. So, where would you have standing even to object? If this works as they typically use law, they get to do whatever they want, and it is our burden to argue in court that they violate our sovereign Constitutional rights.

The World Health Organization has become nothing more than a corrupt Globalist scam…paid for by the United States, but owned and controlled by China,” Trump stated in November 2024. Trump believes the WHO partnered with China to hide the origins of COVID-19, and he is particularly disgruntled that the US was paying 10X more into the organization compared to China at the cost of $500 million annually. Biden re-entered the US into the WHO at full price, and has tried to bypass the US Senate and entire democratic process by entering into a pandemic treaty that would essentially allow the WHO to lead the nation in the event of another pandemic. “I will not allow public health to be used as a pretext to advance the march of global government,” Trump stated before vowing to leave the organization.

2021 _Does_Bill_Gates_have_too_much_influence_in_the_WHO_SWI_swissinfo.ch_

Could this be why Bill Gates allegedly requested to meet Trump in Mar-a-Lago? “Bill Gates asked to come, tonight. We miss you and x! New Year’s Eve is going to be AMAZING!!!” Trump posted on Truth Social. Some believe the message was intended as a direct message to Elon Musk and he mentions his son, X. We must hope that Donald Trump will commit to his vow to leave the WHO under any circumstance. Trump negotiated with the organization to enter for a mere $25 million and they were willing to accept. Absolutely no amount would be worth funding the march into a global government, which is precisely why the WHO and UN exist.

Happy New Year!


Posted originally on Jan 1, 2025 by Martin Armstrong 

happynewyear2025

Happy New Year! We hope that our content has helped you to navigate 2024 — the political year from hell. We will keep you informed on what to expect as we look ahead to 2025.

Ignoring the Supreme Court


Posted originally on Jan 1, 2025 by Martin Armstrong 

Roberts Sworn In

Supreme Court Chief Justice John Roberts came out strong against what has been encroaching upon the very foundation of our tripartite government. Mainly, the Democrats have been attaching the court for overruling Roe vs Wade’s abortion ruling, which was clearly outrageously unconstitutional. The Democrats have no problem discriminating against anyone who has money they want to get their hands on. Suddenly, there is no Equal Protection of the Law. But somehow Due Process includes the right to have an abortion? Never has such a ruling ever been applied to any social program.

2009 Ginsberg Eugenics

Even Justice Ginsberg said when she was on the Court that Roe vs Wade was all about eugenics – not women’s rights. Chief Justice Roberts warned what he described as “dangerous” talk by some officials about ignoring federal court rulings, using an annual report stressing the importance of an independent judiciary.

Roberts wrote about officials “from across the political spectrum have raised the specter of open disregard for federal court rulings,” in the report just released by the Supreme Court. “These dangerous suggestions, however sporadic, must be soundly rejected.” The chief justice didn’t detail specific politicians.

In all fairness, Trump has repeatedly argued the federal judiciary is rigged. There is no question that is the case. The point is not to ignore the Supreme Court, the circuit courts already do that. In my own case, the Supreme Court had ruled in Grupo Mexicano de Desarrollo, S. A. v. Alliance Bond Fund, Inc., 527 U.S. 308 (1999) on June 17th, about 3 months before my case began. My lawyers raised the case that clearly said there was no such authority whatsoever to even bring the case against me since we were buying portfolios in Japan and issued 10-year notes that were UNSECURED, and all accounts in New York were in my name – not clients.

The District Court lacked the authority to issue a preliminary injunction preventing petitioners from disposing of their assets pending adjudication of respondents’ contract claim for money damages because such a remedy was historically unavailable from a court of equity. 

Altering Transcripts closing court
AP 42700 r2

Constitutionally, both the Sixth Amendment and Due Process of Law require court proceedings to be open to the public. The judge took my lawyers aways, closed the courtroom, threw the Associated Press Out, and then the Second Circuit claimed the lost the appeal THREE TIMES and then refused to hear the issue.

Owen Changing Transcripts

Judge Richard Oweb was altering the transcripts, and a made a motion to recuse, forcing him to admit that he was committing a felony. Again, the Second Circuit court of appeals knew what was taking place and in a public opinion claimed it did not have the power to order judges to comply with the law.

“According to counsel, the Southern District is somewhat unique in this practice. See Leiwant Decl. at 2.

Courts do not have power to alter transcripts in camera and to conceal the alterations from the parties.11  Given the issues that arose in this case as a direct result of this practice, there appears to be little justification for continuing the practice in its present form. To be sure, a procedure that corrects obvious mistakes in transmission is useful, and the parties have little interest in closely monitoring such a procedure so long as the alterations are cosmetic. Monitoring by the parties, however, provides some assurance that only cosmetic changes will be made or, if not, that changes will correctly reflect what transpired in the particular proceeding. Moreover, there is little cost in informing the parties of cosmetic changes or at least of directing court reporters to give parties access to the original transcript when they request it.

Nevertheless, whether we have the power to order a change in such a practice is unclear.12  We review judgments, and our review of the convictions and sentences here may not be an appropriate vehicle for the fine tuning of this practice. However, we invite the judges of the Southern District to consider revision.”

UNITED STATES v. ZICHETTELLO 208 F3d 72 (2d Cir 2000)

18 U.S.C. § 1506 states:

“Whoever feloniously steals, takes away, alters, falsifies, or avoids any record, writ, process, or other proceedings, in any United States court, whereby any judgment is reversed, made void or does not take effect; or whoever acknowledges, or procures, in any such court, any recognizance, bail, or judgment, in the name of someone, not privy or consenting to the same, shall be fined or imprisoned up to five years, or both.”

This hatred of Trump and his agenda is putting us on a collision course next year with a Supreme Court as they try not just to prevent him from taking office using the 14th Amendment if they dare. Still, they will try to challenge many issues, and if they lose, they will retaliate against the court.

The likelihood of ignoring the Supreme Court has often been a problem. Even back in 1957, for instance, President Dwight Eisenhower sent the 101st Airborne Division to Little Rock to integrate its schools after officials sought to defy Supreme Court decisions that found segregated schools unconstitutional.

Roberts stated that some “public officials” had “regrettably” attempted to intimidate judges by “suggesting political bias in the judge’s adverse rulings without a credible basis for such allegations.” Those attempts, he warned, are “inappropriate and should be vigorously opposed.” Indeed, the press reports who appointed them when they render a decision imply that they are not interpreting the Constitution but politics. This is the very source of the problem that the press suggests that a decision they do not like should not be followed.

NATO & Invoking Article 5


Posted originally on Dec 31, 2024 by Martin Armstrong 

NATO Article 5

COMMENT: Martin,

I must admit, I have never read NATO article 5 until this morning while reading your post from yesterday.

Looking at the actual wording, it seems to me that the whole article revolves around one little word, namely “it”.  In this case, it refers to each NATO member nation in the case of an attack on any other member nation.  To summarize:

“…each of them, in exercise of the right of individual or collective self-defence…will assist the Party or Parties so attacked by taking…such action as IT deems necessary…”

Thus, each member nation is neither bound nor sworn to join into any attack, but only bound to take whatever action it feels necessary.

For example, a member nation could limit its support to humanitarian aid.  Furthermore, if a member nation believes any NATO nation provoked the attack, or believed the attack was a false flag, then the member nation could “deem” that no action was necessary at all except to discuss terms of peace.

You certainly have more experience in the law, but am I mistaken here?

-DB

Tehran Iran 2
NATO Article 5 2001

REPLY: That is very correct. Trump would not be bound to join WWIII. That is why they are scheming to try to delay his inauguration so they can invoke Article 5. Just for the record, the last time Article 5 was invoked was 911 to justify invading Iraq, which had nothing to do with 911 and never had weapons of mass destruction. It was Dick Cheney who schemed to invade Iraq, and then they intended to go right into Tehran.

It was Dick Cheney who crafted the intelligence, and to cover his ass, he invoked Article 5 to start his war, which was, I believe, to conquer the Middle East. The US pitched it in October 2001, and as this article quotes, they provided “clear and compelling” evidence. Everything presented to justify this quest to conquer the Middle East was a lie, as always. They are preparing the very same strategy to conquer Russia and divide the spoils of the wealthiest nation on earth in terms of natural resources.

They have lied to start every single war because they get to expand the government and line their pockets. They have no remorse for the people who die in these actions. These people who constantly push for war are Psychopaths and are classified as people with little or no conscience but can follow social conventions when it suits their needs. They are far more dangerous than a mere Sociopath who cannot feel empathy and remorse but possesses merely antisocial personality disorder (APD) rather than a deliberate and conniving Psychopath.

Here is Lyndsey Grachm for once telling the truth. This is not about democracy, and nobody cares if any Ukrainians remain. This is about strip-ming Russian assets. They will invoke Article 5, and the main country NATO is pushing to be the attack-dog is Poland.

Ukraine to Starve Hungary and Slovakia of Russian Oil


Posted originally on Dec 31, 2024 by Martin Armstrong 

Fico Robert Slovakian PM

The European Union would prefer to cut off Slovakia and Hungary from accessing energy than to “cave” to Russia. Prime Minister Robert Fico of Slovakia paid a visit to Russian President Vladamir Putin to discuss the matter as tensions between EU nations heat up over the energy scandal.

Hungary and Slovakia are exempt from the EU ban on Russian crude oil. These landlocked neighbors are to receive oil through the Druzhba pipeline, but Ukraine has prevented these nations from receiving shipments. Lukoil may be the main supplier using this line, but Russneft, Tatneft, and Gazprom also utilize this line, leading Ukraine to intervene. Hungary was blocking aid to Ukraine as a result, but Brussels repeatedly told Hungary that it was wrong. Slovakia would like to continue receiving Russian gas through Ukraine, noting that alternative routes would cost over 500 million euros in additional fees. Yet, the EU and Ukraine would prefer to starve these nations of energy than to permit them to use Russian oil.

Crude Oil Production

Russian gas composed 40% of the EU’s supply, down to only 10% as of 2023. Slovakia and Hungary, however, rely more heavily on imported gas from Russia. “Slovakia is part of the single European energy market and Fico must respect common European rules,” Zelensky stated, claiming that Putin gave Fico the orders to “open a second energy front” against Ukraine.

Fico has threatened to cut off emergency power supplies to Ukraine if they blocked their ability to access Russian energy. The current standing transit deal is due to expire, and Zelensky does not care if other nations suffer as a result. Zelensky said he will not renew the contract or work with Moscow in any capacity. Brussels also does not care, which is precisely why the EU is beginning to crack.

Why should Slovakia continue sending endless aid to Ukraine when Zelensky is causing its people to suffer needlessly? Zelensky is not a diplomat but a dictator, as are the unelected officials in Brussels. Fico offered to aid in peace talks, but of course, he logically knows that is not an option. This single issue is causing EU nations to break with Brussels in favor of Moscow, as Putin now appears to be the only reasonable leader with their interests in mind.

The Second US State to Tax Fossil Fuel Companies


Posted originally on Dec 31, 2024 by Martin Armstrong 

Oil Tanker

New York state has enacted a bill to extort fossil fuel companies in the name of climate change. Governor Kathy Hochul believes the bill will generate $75 billion in funds for the state over the next 25 years, which she claims will be used to fight climate change.

Why would any energy company want to operate out of New York? The fines for merely existing are unclear, but the New York Department of Environmental Conservation will begin determining the extent of each company’s greenhouse gas emissions. Worse, they will begin fining companies for the amount they began releasing 24 years ago in 2000. ANY company that the department deems “responsible” for greenhouse gas emissions is subject to a fine.

Vermont was the first state to enact such a law under the Climate Superfund Act. Oil and energy companies are mandated to pay into a climate change fund if they have released over 1 billion metric tons of greenhouse gases from 1995 – nearly 30 years ago – until now.

“This bill represents a major step forward in ensuring that responsible parties, like Big Oil – companies like ExxonMobil and Shell that have known for decades that their products are disrupting the climate – be required to also pay a fair share of the cleanup costs,” the Vermont Natural Resources Council said after blaming the industry for the catastrophic flooding that occurred earlier in the year.

American Petroleum Institute declared that this tax unjustifiably violated due process of rights. Society at large is dependent on fossil fuels, but these taxes aim to extort profitable companies that have been providing a service to the public. Both Vermont and New York have also failed to explain how they will calculate emissions or the true costs involved.

Imagine if the government told you that you needed to pay additional taxes spanning back decades. This is absolute insanity and yet another brain-dead policy aimed at punishing fossil fuels. Stepping on the neck of a crucial sector is not how to generate state revenue. Anyone cheering that these laws punish Big Oil fails to understand that these fees will simply be passed down to the consumer as residents of New York and Vermont should expect to pay more in energy costs in the near term.

Can Britain be Saved form Extinction?


Posted originally on Dec 30, 2024 by Martin Armstrong 

British Extinction 2025

QUESTION: Dear Martin,

Merry Christmas to you, your family, and the Armstrong Economic team. All of you have worked tirelessly to help humanity.

A question about the UK: you have discussed saving the USA and that your proposal would always work in the EU. What about the UK? You say Trump is married to old theories. What about Nigel Farage?

Thank you for everything you do.

Ash

ANSWER: Starmer’s approval rating has crashed. Now, 61% of Britain disapprove of his policies.  Even though Labour has an overwhelming majority and can pass anything they want, the reality is that our computer does not show Starmer will survive until the next election in 2029. This is a special report with the proposal to save Britain, and it can be done if Nigel Farage dares to lead the entire world to a new economic freedom. Once one nation rejects the old theories that not even central banks can use anymore, the rest will follow. I would say the two countries that could show the way forward for the future are Britain and Argentina.

I will let everyone know when this report is ready for prime time.

Gold Clause & CBDC


Posted originally on Dec 30, 2024 by Martin Armstrong 

CBDC

QUESTION: Regarding CBDC, will they convert all the savings/cash in your bank account, will they convert everything in your brokerage accounts (all stocks etc.) will they go after gold and silver you have in storage (Brinks, for example)?

KS

ANSWER: Everything will be converted to the new CBDC. The money in your bank account is already just an electronic book entry. This is why banks are closing branches everywhere in the USA as well as Europe. They are preparing for CBDCs, which means without physical paper money, bank branches are no longer needed. You can deposit a check on your phone. The only thing left for a branch is safe deposit boxes, and the government assumes you are hiding cash there anyway. So kiss your local branch goodbye. The local bank I used because it was the closest has closed, and it is now a 30-minute ride to the closest one still open.

We the People

The monetary system will still function as normal. The exchange will probably be one-for-one. The main purpose of this is to destroy the underground economy to be able to tax everything – even the 16-year-old girl next door you hire to babysit while you go out to dinner and that $100 bill you found in the parking lot that you cheated the government out of their 50% gift tax. We are all looked down upon as scum. They presume we are all guilty and the whole debt crisis is never their fault – it is you – we the people.

1913 Income Tax

This is the natural progression of direct taxation – the complete loss of all liberty. This is why the Founding Fathers prohibited direct taxation. But the socialists seized the government and followed Marx to get the evil rich. It was introduced with the promise that only the rich would have to pay. They lied about that as well, for as soon as the income tax took place, simultaneously in the same bill, there was the payroll tax demanding employers withhold income from their workers.

1912 Vermont Income Tax
1913 Feb 4 LA Times

The federal income tax of 1913 was accompanied by the fact that the law also attempted to withhold the brand-new income tax because the people were never to be trusted. Initial estimates were that the withholding provisions would yield two-thirds of income tax revenue, but in 1916, less than 5% came from withholding. Furthermore, employers’ simple lack of compliance led to a massive groundswell of opposition to the new withholding system.

Minneapolis Payroll Tax

The people realized that the government lied to get the 16th Amendment passed, and the state politicians voted for it because it allowed them to also allowed them to impose income taxes at the state level. Even cities joined the money grab, imposing city income taxes. Every layer of government now had the right to extort money from the people based on their income, requiring disclosure of their personal lives. You gave your children money, which was circumventing income tax, so they rolled out the gift tax. , which fueled the corruption on a massive scale. The Revenue Act of 1862 included an inheritance tax and gift tax, which applied to transfers of personal assets. In 1864, Congress amended the Revenue Act, added a tax on transfers of real estate, and increased the rates for inheritance taxes. They have always used war to justify raising taxes, but they always remain in place thereafter. The War Revenue Act of 1898 implemented an inheritance tax of .74 % to 15%, which was used to fund the Spanish-American War. This is why the government loves to wage wars.