New York City Mayor Eric Adams has changed his stance on the migrant crisis after an extreme uptick in unpunished crimes against American citizens and is not asking to repeal its sanctuary city status. I do not believe he understands the full scope of the disaster these new arrivals have created regarding the city budget. Still, he is now feeling the public backlash after countless migrants have committed crimes only to be released back into the city to repeat their offenses without consequence.
“The mere fact that we cannot share with ICE that this person has committed three robberies and this person is part of an organized gang crew; there mere fact we can’t say that and communicate, that is a problem for me,” Adams said, adding, “I don’t believe people who are violent in our city and commit repeated crimes should have the privilege of being in our city.” How is this controversial?
Adams first welcomed the migrants bused from Texas with open arms. It was not an issue for non-border states, noting “New York is a city that shares Democratic values.” Diversity is its strength. Adams called any attempt to close the border “un-American” and praised NYC for its sanctuary status. “We are all in this together to deal with this influx of innocent people who are seeking asylum or fleeing wars, who are fleeing crises in their own country,” Adams said. “New York is one of the few states where you have right to shelter,” Adams said in August 2022.
The message was heard loud and clear across the globe; people arrived in the city in droves. By September 2023, Adams cried that the new arrivals would “destroy New York City” but continued to blame Republicans for shipping migrants to the city he declared to be a safe haven for all. Shortly after, Adams began lightly criticizing the Biden Administration for failing to answer his call. He said he would continue to support Biden so long as the federal government kept the money flowing to his city money.
Fast forward to 2024 — New York City is unrecognizable. The shelters are overrun, and the budgets are as imaginary as the tooth fairy. The once great city has become a national embarrassment, with police beaten in broad daylight by attackers who recommitted violent crimes against security days later. New gangsare forming throughout the city. Women and children have been victims of sexual crimes. People are fleeing NYC as fast as they can and taking their tax dollars with them. Adams is still siding with the Democrats and their open border policies, but is asking for the ability to deport violent criminals. Again, this should not be controversial.
Yet the left is saying, “NO!” The city council told reporters that they will not remove or alter the sanctuary city laws. Some are citing the favorite excuse of separating families, despite single men committing the majority of these heinous crimes. It is far too late, Eric Adams. You created this crisis by standing idle as your city was overrun with unvetted criminals from across the world.
NYC is totally out of control. These bogus charges were never brought against anyone, and there was no victim. This definition of fraud can be applied now to anyone in NYC. This is obviously an attempt to interfere in the 2024 election, for if Trump had not run for president, there would have been no such charges.
New York is just so UNAMERICAN you can’t make this up. This radical Attorney General not only has Trump BARRED from running his own company, but they also appointed a former organized-crime prosecutor to manage the Trump Organization who has no business capability. The state is attempting to seize total control of the financial assets of Trump without a jury trial to shut him down to prevent him from running for office. Trump was denied the right to defend himself before a jury. They did that to my company, fired all the staff, and then moved to shut it down. Then their appointed receiver became a board member of Goldman Sachs while running my company from their boardroom. This was also all without any right to a jury trial.
This is so outrageous; I fear that Trump’s case will be the catalyst for the decline and fall of the United States. We cannot possibly stand united as a nation under such an outrageous legal system. When the rule of law collapses like this, no nation has ever survived long throughout history. We now can see 2032 coming and why the computer has forecast that there may not even be a 2028 election. They need to stop Trump because they are taking us to War, canceling the paper money, and taxing everything we do for climate change. At the same time, the WHO orders lockdowns and mandatory vaccines as they surrender our sovereignty.
New York City is Completely Out of Control
The integrity of assets is seriously under question. My sincere advice to Trump is to sell all of your NYC assets and get the HELL OF NYC! Nobody should invest in anything in New York City, for there is no rule of law and, even worse, no separation of powers. It is a political dictatorship that you cannot fight for. NO judge in New York City will defend the Constitution and go against their peers.
While truckers known as Chicago Ray started calling on truckers to boycott NYC, all they have to do is target someone, and they will routinely use taxes to go after innocent people as well as journalists if they do not cooperate. Chicago Ray has backed down yet, claiming, “No one’s got to me … I heard what drivers were saying, and I’m hearing some of that today; I ain’t scared of s–t.” I met a former executive from the NY Post who they put in prison because he would not yield to the Deep State. He explained they call with a “favor,” and if you do not comply. They come after you personally. In his case, they claimed he hired people who did not show up to work. New York City is beyond hope.
SELL NEW YORK NOW
I warned that Trump would NEVER get a fair trial in New York City – I have NEVER seen anyone EVER get a fair trial in New York City. When my case began, they brought it to New York when the accounts were in Philadelphia. They claimed there was the COMEX for the venue, so that was good enough even though currencies traded in Chicago. When my lawyer heard they filed the case in New York City, he said of shit. I asked what was the problem. He said you don’t understand. New York practices law differently. Boy, did I find out.
Judges can alter the transcripts and change the words you speak in court. The Court of Appeals ruled they did not have the power to order the judges to obey the law (see UNITED STATES V. ZICHETTELLO 208 F3d 72 (2d Cir 2000) at page 97). A federal statute 18 U.S. Code § 1519 defines that as a felony with 20 years in prison. I forced Judge Oweb to admit he was altering my transcripts, and the DOJ would not indicate him; the Court of Appeals lost my appeal THREE TIMES and then said I was out of time. The ONLY reason they released me was because the Supreme Court agreed to take my case. So they released me and told the Supreme Court the case was moot.
Remember MF Global. That is when Judge Martin Glen seized the assets of all clients to protect the banks that Corsine was trading with. The trustee overseeing MF Global’s liquidation eventually confirmed that the amount of customers’ funds from the failed brokerage was at least $1.6 billion. This was the biggest financial crime, perhaps in history, far worse than Madoff. This is the outright theft of client funds sanctioned by the court, which protected all the bankers. Nobody was being called to account because MF Global, which was headed by former Goldman Sachs CEO, Senator, and New Jersey Governor Jon Corzine, was also protected. The client’s funds were illegally seized by the NY court and were used to cover the losses to the bankers completely in violation of the law.
The collapse was the eighth-largest corporate bankruptcy in U.S. history. The US Regulators investigated only whether MF Global tapped into client money from clients’ accounts as its financial condition worsened. They are ignoring the fact that it was trading with client money before the last few days. Brokerage Houses are required to keep customer money separate from the firm’s money, but that was simply not being enforced in the instant case.
As an astute lawyer wrote in about New York, he correctly pointed out that there is no rule of law, for it is a corrupt city with a “connection-based society,” not a “contract-based society.” Contracts mean nothing in New York, and this is why no bankers ever go to prison there. The courts will always rule against people for political objectives.
In 1951, NY executed an innocent woman they KNEW was innocent. It was April 5th, 1951, when Julius Rosenberg (1918-1953) and his 35-year-old wife Ethel (1915-1953) were sentenced to death using this Espionage Act. Today, everyone concedes that his wife’s crime was simply being married to Julius. The prosecutors charged her, thinking it would force him to give up his contacts, which he never did, most likely because he had none.
A co-defendant of Julius and Ethel Rosenberg, Morton Sobell (1917-2018), admitted for the first time that he was a Soviet spy on his deathbed at 91 after serving 30 years in prison but also made it clear that Ethel was innocent. Sobell passed military secrets to the Communists in World War II when the nations were still allies, he told the New York Times. Sobell, who served 18 years for espionage, said Julius did pass secrets, but Ethel, executed with her husband in 1953, was guilty of nothing more than being Mrs. Rosenberg.
Under our legal system, the Jury can nullify the conviction using common sense based on their own sense of justice. Our corrupt judges will never instruct the jury that they have that power. The JURY can refuse to follow the corrupt law and acquit a defendant even when the evidence presented seems to point to an incontrovertible verdict of guilt. Personally, I think the Jury should be told that they have the power to nullify a conviction as well as to direct charges and reprimand the prosecutor in such a case for his abuse of power.
All I can say is GET THE HELL OUT OF NYC before there is NO BID!
It’s a Sanctuary City and Taxes will Only Rise to Pay for the onslaught of uneducated illegal migrants.
Posted originally on Feb 20, 2024 By Martin Armstrong
You are absolutely not safe in New York. Both physically and financially. If the criminals don’t get you, the “courts” and politicians will. Please, please, get out if you can. They will come for you next as they grow more desperate for your money and your business. Get out. Let…
Posted originally on Feb 20, 2024 By Martin Armstrong
The reaction to this bogus decision against Trump is just overwhelming. I cannot even tell you how many emails have come in, all getting the point and confirming it is time to get the hell out of New York. They have shown the entire world that no rule of law is left standing.
As an international hedge fund manager, the #1 assessment you need to make is COUNTRY RISK. Is it safe to invest there, and is there a robust rule of law that you can count on to secure your investment? That is why you do not invest in countries like Iran, for they had their revolution and nationalized all private assets. Russia did the same during the Communist Revolution of 1917.
Even during the American Revolution, they confiscated the assets of anyone who supported the king. Those confiscated assets became the backing for currency.
Now we have City & State Risk. There is already a mass migration underway from Blue States to Red States. This will only accelerate this advance. I am warning clients that the longer they wait to have property to sell in NYC, the greater the loss they will face. Sell now before there is no bid.
The Rule of Law has completely collapsed in New York City. It is no longer investment grade for there is no possible way to secure your property. One lawyer who wrote in, and here are his comments, which need to be reviewed carefully:
Hi Martin.
I have three things to pass on to you:
First, you are absolutely correct. Does the majority of the New York business community really know what Judge Engoron did? … Engoron and Hochul confirmed that New York is a “connection-based society” not a “contract-based society,” or, as you say “corrupt to its core.” All the assurances by the Governor Hochul that businesses should not fear the civil action the state filed against Trump and the money judgment Engoron rendered, and that there’s nothing to worry about, is just another confirmation that New York is now completely a “connection-based society.” The governor even confirmed that she could, but won’t, overrule Engoron proving that in New York the branches of government are intermixed. … Hochul does not realize that her comments were damaging not reassuring. What fool will trust her and New York now. My solution: Sell all equities of companies that have their headquarters or domicile where they could be subject to the jurisdiction of New York and can be sued under the same laws Trump was.
Second, it is a correct move to challenge the definition of “fraud.” In the mid-1980s I was lead plaintiff’s counsel in the first civil RICO suit filed against a financial institution in … . The case was allotted to a judge like Engoron. That judge ran me through the ringer, but I kept the case alive. At one point the court was toying with the question “What is fraud?” The court was trying to find yet another way to dismiss the case and require me to re-plead it. I did a massive study of fraud. I even read John T Nonan’s book entitled Bribes. The definitions of fraud in our state and federal courts are too many to count, but I finally boiled it down to the essential elements, i.e., all those that absolutely MUST be present or there is no fraud.
This is the definition I found that applies to ALL cases no matter how the elements are worded is this: FRAUD IS THE VOLUNTARY TRANSFER OF SOMETHING OF VALUE BY DECEIT. The occurrence sued on and alleged to be fraud MUST be (1) VOLUNTARY, (2) A TRANSFER, (3) OF SOMETHING OF VALUE, (4) BY DECEIT. If any of these four elements are missing, it’s not fraud. Obviously, New York is missing the transfer element which, I think, makes each of the other elements a non sequitur and meaningless.
Third, cities and states have found new ways to increase revenue by twisting laws and our basic societal framework of separate branches of government. As you have long maintained, they are on a hunt for taxes. From 2000 to 2005 I was a Deputy City Attorney for the City …. We handled the civil legal affairs of the city, not the criminal cases. After I left, … , a lawyer contacted me and asked me to analyze the facts of a case he thought he had. I found that … had changed its procedures regarding blighted property to avoid the courts of the judicial branch. The city established a list of huge fines for properties that were cited with code violations. The fines accrued interest after a certain time period passed, and the property owner did not correct the violations.
The procedure was unconstitutional because no judge EVER reviewed or had ANY role in the proceedings to collect the fines and interest. A hearing officer (executive branch) would assess a fine and give the property owner a specific amount of time to correct the violations. He would prepare and sign an “administrative” judgment setting forth his findings, rulings and assessing the fine plus interest. If the time elapsed and the violations were not remedied by the property owner, the Clerk of Court (executive branch, ministerial powers only, no judicial powers) of the state court in … would issue a request for seizure and sale to the … Civil Sheriff (executive branch, ministerial powers only, no judicial powers).
The Civil Sheriff would issue an order of seizure and sale and the property would be auctioned off to the highest bidder. The fines plus interest were always high enough that the property owner could not pay same, but low enough that someone with capital could pick up the properties at a very, very cheap price. The “laws” that established this procedure were mostly ordinances passed by the … City Council, which was the wrong authority to approve a seizure and sale that was not reviewed and signed by a duly elected or appointed state court judge. Cities are not separate sovereigns with the right to enact general laws, like causes of action and shifting judicial powers to authorities that have only ministerial executive duties.
So, intermixing branches of government and shifting and assuming powers that states and cities cannot exercise are not the only scams being used to collect money. States and cities are doing end runs around Constitutional principles. New York did it by giving the court the power to calculate general damages rather than enacting legislation reciting a list of fines that the state may impose for business improprieties. The state courts would then just include the fine that applies under the circumstances that was set by the state legislature. That would be Constitutional, but having the freedom to assess unspecified damages that the state does not suffer is absurd.
To summarize, no transfer = no fraud, and no fines set by the legislature to assess replaced by the power to impose general damages = a sham system that is a blurred mixture of the executive branch and the judicial branch.
Posted originally on Feb 19, 2024 By Martin Armstrong
I cannot stress enough that many businesses have been put on notice – get the hell out of NY ASAP! After Judge Engoron’s ruling, even the absurd Democrat Governor Kathy Hochul has been forced to come out because of rumblings of mass migration from NYC to Florida, where companies are welcome and there is no State Income Tax. There have been warnings that businesses are looking elsewhere and realizing that there is a MAJOR risk to doing business in New York state as a whole. Hochul has publicly been forced to try to reassure businesses that they have “nothing to worry about” after the ruling.
It appears that Socrates has predicted the outcome of Trump’s absurd prosecutions in New York, for it elected a Yearly & Quarterly Bearish Reversal on State revenues. New York will continue to lose high-net-worth residents, resulting in rising taxes on the fools that remain. There is no rule of law left in this city. Fining Trump for “fraud” when there were no victims and whatever you claim to be worth is reviewed independently by a bank anyway. Even Deutsche Bank admitted they gave the loans based on their own evaluations. – not Trump’s.
Posted originally on Dec 8, 2023 By Martin Armstrong
The Metropolitan Transportation Authority (MTA) believes that taxation could decrease traffic congestion in New York. Vehicles will be charged an additional $15 daily to enter Manhattan from 60th Street or below, while trucks will face a fine between $24 and $36. New York Gov. Kathy Hochul strongly backs the measure as she believes it will help to clean up New York.
“Congestion pricing means cleaner air, better transit and less gridlock on New York City’s streets and today’s vote by the MTA Board is a critical step forward,” Hochul commented. As a reminder, New York City just voted to slash funding for sanitation. It is not an exaggeration to say that the city is overrun with rats. The police budget is declining by $5.6 billion as well at a time when crime is through the roof and the city’s infrastructure is crumbling as busloads of illegals arrive daily.
Do they want to utterly kill the leisure and hospitality industry? As a previous resident of New Jersey, I saw the tolls into New York rise over the years. It now costs a good $20 in tolls simply to cross into the state, and parking fees in the city are some of the highest in the nation. Now you have to factor in an added daily congestion fee and it will cost the average person a good amount simply to enter Manhattan.
Obviously they want people to rely on public transportation as the coming 15-minute cities will not require personal vehicles. Taxis will charge passengers an extra $1.25 to meet the toll while Uber and Lyft plan to implement a $2.50 fee. People earning under $50,000 annually can apply for a discounted rate only after their first 10 trips per month.
They’re banning coal and wood ovens so there will soon be no reason to stop in the city for a slice of pizza or world famous cuisine. Former grand hotels are now migrant camps and thousands of undocumented military aged men are scattering the streets. Crime is rising and Soros-backed DAs won’t allow criminals to be prosecuted. The people of New York will never see the money derived from this new tax. Yet another reason why I will never return to NYC.
Posted originally on Dec 6, 2023 By Martin Armstrong
The deliberate invasion of America was permitted by the same people who want to give illegals the opportunity to vote. Nonprofit shelters will be required to provide non-citizens with paperwork to register to vote in upcoming elections, and New York has stipulated that the paperwork must be available in Spanish as well as Chinese.
Staten Island Rep. Nicole Malliotakis claims that her team discovered that migrants were being encouraged to vote after requesting information through the Freedom of Information law. The Department of Social Services denies her claims against the organization Homes for the Homeless. “These allegations are false and baseless. DHS is legally required to include language around voter registration in shelter contracts and this guidance applies only to eligible clients who are citizens, and would clearly not apply to asylum seekers in shelter,” a spokesperson said. Malliotakis and her team state that they firmly believe the city “intends to register non-citizens to vote” as there is an entire section of the contract with Homes for the Homeless that details voter registration.
Blue cities have been attempting to allow illegals to vote. In January 2022, NYC Mayor Eric Adams celebrated a new piece of legislation that would have permitted 800,000 “Dreamers” to register to vote. The measure was later found to be unconstitutional, but rest assured that the Dems will continue to fight for migrants to have the ability to vote and influence foreign elections. State election laws clearly say, “no person shall be qualified to register for and vote at any election unless he is a citizen of the United States.” Permitting illegals to vote is a direct violation of the Constitution that dictates “every citizen shall be entitled to vote at every election.” I could not enter China and vote in their election as that would be preposterous. Yet countless politicians across the West believe that they should have access to a new demographic of voters.
It is already happening in places like Ireland, where politicians pushed for non-citizen voting in 2019. “Immigration” to Ireland is at a 16-year high as the nation added over 100,000 new people this year alone. Only 30 to 50% of migrants in Ireland have registered, and various political agencies have launched multi-lingual campaign ads to increase migrant voter registration. Millions of migrants have infiltrated Western nations this year. The leverage they could have at the voting booth is of concern.
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