2022 WEC: In the Dollar We Trust


Armstrong Economics Blog/World Economic Conference Re-Posted Nov 8, 2022 by Martin Armstrong

At the World Economic Conference in 2021, the Armstrong Socrates model predicted that 2022 was going to be volatile and chaotic featuring a strong US dollar, a huge move in interest rates, a major bond market decline, fertilizer and food shortages, as well as escalating geopolitical tensions in Ukraine.

What now? Socrates forecast that 2023 will be more volatile and chaotic, featuring violent moves across all markets as monetary and geopolitical tensions and debt problems intensify.

At this year’s World Economic Conference, November 11-13, Martin Armstrong will talk about what’s next for the US dollar and other currencies, the liquidity/credit crisis, as well as price targets for oil, gold, stocks, bonds/interest rates, and stocks.

Give yourself an “unfair” advantage over the markets by joining us at this year’s conference remotely or in person. Meet Martin Armstrong – have your questions answered and get the best roadmap for 2023 and beyond in the investment business.

Biden’s IRS Army in Jeopardy


Armstrong Economics Blog/The Hunt for Taxes Re-Posted Nov 8, 2022 by Martin Armstrong

Biden’s IRS army of 87,000 new armed recruits is coming under fire by the Republican party. Sen. Chuck Grassley (R-Iowa) and Sen. Jon Thune (R-SD) are working on a bill that would require Congress to approve IRS spending. Both men also sit on the House-Senate Joint Committee on Taxation. Biden would like to spend $80 billion on his IRS army over the next decade to shake down American taxpayers.

Our bill will ensure that the IRS is answerable to the American people in how it uses this money and will force it to forfeit funds every day it’s not in compliance,” Grassley said. “If our bill becomes law, the Biden administration’s IRS would have to answer to the American people, not Washington bureaucrats,” Thune added. The American people fund the IRS, and it is only right that they vote on how their money is spent. In fact, they should vote on whether there is a need for the IRS at all.

If the bill passes, the IRS must explain how they use their money every year. Funding to the IRS would be withheld if they failed to comply. If Congress turns red this November, this measure is likely to pass. This would be a great first step in a long overdue overhaul of the entire US tax system, which is designed to be as complex as possible so that the government can squeeze funds out of every citizen.

Elon Musk Recommends Voters Choose a Republican Congress Tomorrow


Posted originally on the conservative tree house on November 7, 2022 | sundance

At 10:22am today, billionaire businessman and new Owner/CEO of Twitter, Elon Musk, has recommended that voters choose republican candidates for congress this midterm election cycle.  [Source]

Democrats and left-wing political activist groups are going bananas.

Oprah’s Old Posse Weighing in on PA Senate Race


Armstrong Economics Blog/USA Current Events Re-Posted Nov 7, 2022 by Martin Armstrong

The corrupt celebrity Oprah Winfrey (a separate blog post for another day) and her old posse are weighing in on the Pennsylvania Senate race. John Fetterman v Mehmet Oz is quite an odd pairing. Dr. Oz rose to fame through his appearances on Oprah’s daytime show. Yet, Oprah publicly will not support the Republican candidate.

Oprah went as far as arranging an online Zoom event to mobilize PA voters. “There are clear choices out there … to represent the values — this is what we’re talking about — the values we hold dear,” she said on the Zoom presentation. “The values of inclusion, the values of compassion … that so many of us share, so use your discernment,” Oprah word vomited. These are the age-old keywords with no clear definition, such as “values,” “inclusion,” and “compassion.” Why would she promote Dr. Oz on her show as the top medical advisor for years if she felt he was lacking in these values?

Knowing Oprah is a die-hard Democrat, Oz was not surprised. “Doctor Oz loves Oprah and respects the fact that they have different politics. He believes we need more balance and less extremism in Washington,” a member of his campaign said.

Yet, another “doctor” who Oprah rose to fame believes John Fetterman is not mentally competent to hold office. Dr. Phil McGraw, albeit no longer a doctor, appeared on “The Joe Rogan Experience” to discuss his concerns with the candidate. “Just ask yourself,” Dr. Phil added, “Let’s say you were getting on an airplane and the airline pilot had had a similar cognitive impairment. Would you get on? Well, hell no.” After seeing Fetterman struggle to form a coherent sentence during his debate, I would NEVER board an airplane with Fetterman onboard, even if he was a flight attendant.

Dr. Phil said that he did not want to appear “unkind” and said Fetterman had “courage,” but this man clearly is mentally compromised. Joe Rogan called this an example of the media and politicians gaslighting the public. Both men said it was unfair to put Fetterman in this position. There is a long list of violent offenders and murderers in prison waiting for a Fetterman win to be released back into the population. If he were running on a Republican ticket, the media would have turned on him during his first interview, and he would not be viewed as the next savior of Pennsylvania.

Reagan’s Best Joke


Armstrong Economics Blog/Humor Re-Posted Nov 6, 2022 by Martin Armstrong

Dr Mehmet Oz Speech During MAGA Rally, Latrobe Pennsylvania (Video)


Pennsylvania Senate Candidate Dr Mehmet Oz delivered remarks at the pre-MAGA rally campaign event in Latrobe, Pennsylvania. {Direct Rumble Link} – WATCH: 

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Posted originally on the conservative tree house on November 5, 2022 | Sundance 

Pennsylvania Senate Candidate Dr Mehmet Oz delivered remarks at the pre-MAGA rally campaign event in Latrobe, Pennsylvania. {Direct Rumble Link} – WATCH: 

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Senator Joe Manchin Pretends to be Surprised That Joe Biden is Banning Coal Powered Energy


Posted originally on the conservative tree house on November 5, 2022 | Sundance 

Yesterday, Joe Biden declared that all coal-fired electricity plants in the U.S would be shut down, saying, “we’re going to be shutting these plants down all across America and having wind and solar.”

Today, West Virginia Democrat Joe Manchin, the senator who gave Joe Biden the vote he needed for the ‘inflation reduction act’ also known as the climate change investment act that will eliminate all oil, coal and natural gas development, pretends to act surprised that Joe Biden will destroy the West Virginia coal mining industry.

Joe Manchin – “Today, U.S. Senator Joe Manchin (D-WV) released the following statement on comments President Biden made about shutting down coal plants.

“President Biden’s comments are not only outrageous and divorced from reality, they ignore the severe economic pain the American people are feeling because of rising energy costs. Comments like these are the reason the American people are losing trust in President Biden and instead believes he does not understand the need to have an all in energy policy that would keep our nation totally energy independent and secure. It seems his positions change depending on the audience and the politics of the day. Politicizing our nation’s energy policies would only bring higher prices and more pain for the American people.

“Let me be clear, this is something the President has never said to me. Being cavalier about the loss of coal jobs for men and women in West Virginia and across the country who literally put their lives on the line to help build and power this country is offensive and disgusting. The President owes these incredible workers an immediate and public apology and it is time he learn a lesson that his words matter and have consequences.” (read more)

Collins Slams Abrams’ Voter Suppression Claims


Newsmax TV Published originally on Rumble on November 4, 2022

Former Congressman Doug Collins gives his predictions on some of the key races in battleground Georgia.