Category Out of control spending

Feb 28 2023

Biden – Wokeness over Experience


Armstrong Economics Blog/Politics Re-Posted Feb 28, 2023 by Martin Armstrong

COMMENT: Marty; You said in passing that a Congressman asked you to “get back in the game” because they had nobody with your experience in Washington from the Cold War era. I know you laughed at that and said that was just 1991. Perhaps this clip explains why just maybe we need you more than ever. This “woke” Administration is taking us to World War III because as you have said, they are making you look like a diplomatic prophet. This is why. Wokeness over experience. This is what she actually says:

“The Cabinet is majority people of color for the first time in history. The Cabinet is majority female for the first time in history. A majority of White House senior staff identify is female and a record 7 assistants to the president are LGBTQ+.”

CH

REPLY: This is incredible. Maybe you are right. This is why the Neocons have been able to seize control. There is nobody with even common sense left in this Administration. This just confirms what I have been saying. This is historically the worst crop of world leaders I have ever seen in my 40+ years. When color and gender are more important than qualification, how can society survive? Obviously, being black and a female she ticks off two boxes and is more qualified than just a black male or a white female. Biden is proud of his statistics?

Everyone who has ever eaten a carrot has died. So, obviously, carrots must be lethal. Just Washington logic these days.

Feb 5 2023

Only in America


Armstrong Economics Blog/Politics Re-Posted Feb 5, 2023 by Martin Armstrong

Only in America where we have Democratic politicians preaching about the greed of the rich at a $10,000.00 a plate campaign fund-raising event held at John Kerry’s home. Yes it was $10,000 to get in.

Categories: Politics

Feb 2 2023

Interest Rates & the Fed


Armstrong Economics Blog/Interest Rates Re-Posted Feb 2, 2023 by Martin Armstrong

The Federal Reserve raised the benchmark by 25 bps, as expected. The Fed fully understands that the manipulation of the CPI is a necessary aspect both for containing government benefits and understating inflation also results in high tax revenues. The market loves hope, and as a result, they focused on the warning that we’ll be in restrictive territory for just a bit longer. Most still believe that there will be a slowdown in inflation just ahead.

The Fed’s cautionary commentary saying that the “disinflation process” has started triggered shares to jump ending up 1%. This shows how insane the analysis had become that they cheer a recession and think that lower interest rates are bullish for the stock market. Obviously, they just listen to the talking heads on TV and have never bothered to look at reality. When interest rates decline, so has the stock market. Interest rates rose for the entire Trump Rally, and they crashed during the Great Recession of 2007-2009. For the life of me, I just shake my head when the talking heads cheer lower rates and spread doom and gloom with higher rates.

Feb 1 2023

Gallup Poll – Gov’t is Our Greatest Problem


Armstrong Economics Blog/Uncategorized Re-Posted Feb 1, 2023 by Martin Armstrong

Gallup has just confirmed what our computer has been forecasting especially since 2011. The majority of Americans now say that a lack of leadership from President Biden and Congress is the country’s biggest problem and that means the entire world. Perhaps aliens should have a right to vote for the decisions of the Biden Administration are destroying lives around the world.

The Gallup Poll shows that it is the collapse of confidence in a government that is now viewed as the greatest threat even more so than inflation, ​the immigration crisis, and the state of the economy. Despite Americans suffering economically with higher taxes and inflation reducing the standard of living, they have cited that “the government/poor leadership” is now in the No. 1 spot taking that place from inflation over the past year. Gallup has reported that 21% of Americans name our incompetent government as the “most important problem facing this country today​” compared to the 15% who said so last year, a Gallup Poll found.

​Inflation and the economy ​came in last year as the top two issues — tied at 16% each — followed by the government (15%), immigration (8%), and unifying the country (6%). ​However, over the past year, Americans’ concerns with the economy fell 6% to 10%, with ​inflation falling one point to 15%, and immigration rose 3 points to 11%.

Just wait until they realize that the Biden Administration is so incompetent, it has allowed the Neocons to wage World War III on two fronts – China and Russia. These people will destroy Western Civilization and that is what 2032 is all about.

Jan 18 2023

Manipulated Economic News on Inflation – Prepare for Bad Corporate Earnings Reports as a Result of Poor Holiday Sales


Posted originally on the CTH on January 17, 2023 | sundance 

There has always been a general shaping and interpretation surrounding economic news, specifically as it relates to the impact of pricing on consumers and corporations. However, against the backdrop of supply side inflation, the financial gaslighting from the Wall Street Journal stands out at the top.

Without pretending, and looking directly at the Main Street reality, CTH has outlined inflation as a matter of monetary and energy policy.  From that standpoint the timing and scale of price increases (inflation measured over time) was predictable.  Our current status is an inflationary plateau, where prices remain high but stabilize for likely two quarters.

What the Wall Street Journal outlines as a “shopper rebellion against high prices” is complete hogwash.  Notice in the construct of the narrative, the demand side (consumers) is identified as the cause of diminished revenue & profits for corporations.  They continue pretending that inflation was not driven by energy costs.

(WSJ) – […] Many companies raised their prices substantially last year to offset higher fuel costs and higher prices for ingredients, parts and labor. As fuel prices have dropped and pandemic supply-chain snarls have eased, some of those costs have come down.

That is a good sign for the economy. It suggests that some inflation in the past year resulted from extreme supply-demand imbalances brought on by the pandemic and the war in Ukraine and which are now fading.

Notice the transparent lack of mentioning ‘energy policy’ as the inflation driver.

[…] The study, by economists at the Federal Reserve Bank of Kansas City, found that higher markups—the gap between what a firm charges and what it costs to produce an item—were a major driver of inflation in 2021.

They concluded that companies in some cases were raising prices in 2021 in anticipation of future cost pressures, rather than because of market power or outsize demand. Andrew Glover, a senior economist at the Federal Reserve Bank of Kansas City who was involved in the study, doesn’t expect prices to fall this year, he said, but he anticipates that the pace of increase will continue to slow.

Inflation is the rate of increase over time. We have experienced two years of massive price increases. Yes, the rate of those increases will moderate, this is the plateau, but the price will never drop. The current prices are a direct result of fixed energy policy.

[…] Unit sales of food and beverages fell 3% last year, but on a dollar basis they rose 10%. That showed consumers were willing to pay higher prices for groceries but bought fewer items.

[…] “People need to eat,” said Krishnakumar Davey, a president at IRI. Shoppers are nonetheless buying less when possible and, in many cases, buying less expensive versions of necessities such as toilet paper and laundry detergent.  (read more)

Meanwhile the Fed is worried that wages will be forced to increase.  Here is the real worry for the Wall Street Journal, “If consumers believe high prices will persist, they could seek bigger raises, and businesses, seeing higher labor costs, could continue raising prices.”  Yes, workers, forward inflation is your fault.

Government policy drives up prices, but workers needing wage increases to pay for those higher prices… well, that is not acceptable to the government, comrade proles.

Jan 17 2023

Madoff – Hiding the Real Fraud


Armstrong Economics Blog/Conspiracy Re-Posted Jan 17, 2023 by Martin Armstrong

COMMENT: I know you saved Mercedes making back their $1 billion lost all because they listened to the fake news about how the pound and the dollar would crumble in the face of the euro. I read the 2011 Barron’s article on your forecast. It was OK to publish that when they thought you would be wrong. Where is the follow-up when you proved to be the only one who was correct? The same can be said of the New York Times and especially Bloomberg. It is obvious that they will not report on the success of your forecasts because they are leading society at the direction of the Deep State.

Keep up the good work. We need someone independent in this time of darkening clouds.

JWN

REPLY: Let me explain something. All the hype about Bernie Madoff is also FAKE NEWS. On December 10th, 2008, Madoff’s sons Mark and Andrew covered themselves most likely at their father’s direction, and told authorities that their father had confessed to them that the asset management unit of his firm was a massive Ponzi scheme. They even supposedly told them it was “one big lie”. The next day, agents from the FBI arrested Madoff and charged him with one count of securities fraud. There was no possible way the FBI would arrest someone like that without an independent investigation.

The Securities and Exchange Commission had previously conducted numerous investigations into his business practices. Vere did ANY audit uncover such a massive fraud. It was then on March 12th, 2009, when Bernie Madoff simply pleaded guilty to 11 federal felonies and admitted to turning his wealth management business into a massive Ponzi scheme. He was not even indicted. He pled simply to what is known as an “information” so nothing was even presented to a grand jury. That is UNPRECEDENTED!

The banks all claimed that they had “no idea.” Before he died, Madoff did an interview where the headline was that the Banks had to have known. There is ABSOLUTELY no way that the banks were NOT involved or had no idea.  That is legally impossible. As a client of a bank of that size especially, the bank must fill its files with KNOWN YOUR CLIENT rules.

In my case, we had companies set up for each note in Turks & Caicos. The bank actually sent someone down there to audit the legal structure behind every account. There is simply no way a bank can even claim it had no idea. That was a serious RED FLAG that the Madoff case was not what it appeared.

Everyone just skipped over the fact that the SEC conducted multiple audits and found nothing. That included looking at bank accounts and positions on hand. That did NOT add up to a PONZI scheme where you are taking money from one person to pay another which is the actual structure of Social Security. The current generation’s contributions are tasked to pay the previous generation.

Add to that, HSBC, which has been itself indicted for money laundering more than once, stood out as the largest “victim” of Madoff’s scheme – $1.5 billion. HSBC pays countless fines for every scandal they seem to be in the middle of.

In my case, the Bank said they had no idea where the money was after they stole it. How does $1 billion leave a bank without a withdrawal of some sort? Had it not been for my clients standing with me and doing what I told them to do and then sued HSBC, they would have gotten nothing, the government would have claimed I lost it all and the ban was not responsible. The government then put a gag order on me to stop me from helping my clients against the bank! If the bank was not trying to take my client’s money to cover their losses in Russia, then why put a gag order on me if the bank did not do anything wrong?

Then to hide my profits, the receiver handed the notes we issued to HSBC for them to redeem for $606 million pocketing $400 million profit stolen from my company. A former employee bumped into a former HSBC official and he asked what the hell went on. The bankers bluntly told him, the deal offered by the government was too good to pass up. When I asked a NY lawyer why no banker ever is charged or goes to jail, he laughed and said: “You don’t shit where you eat!”

Remember the 1995 collapse of the British Barings Bank because of a “rogue” trader? Nicholas William Leeson was an English former derivatives trader whose claimed fraudulent, “unauthorized and speculative trades” resulted in the 1995 collapse of Barings Bank, the United Kingdom’s oldest merchant bank. Leeson was convicted of financial crime in Singapore court and served over four years in Changi Prison. At the time, I owned a Brokerage House I was asked to bail out by the Japanese government. At our Hong Kong office, Barings wanted to open an account to trade with Leeson in charge.

I knew the corruption of the banks and if the trade went wrong, they would claim he was not authorized. That was the standard operational procedure. Knowing the inside of the industry out, I insisted on a letter from the Board of Directions expressly laying out the credit line for Leeson they requested from my company. I got the letter. So when Leeson supposedly went belly up, guess what. I was quietly paid when everyone else it was said Leeson was a rogue trader.

The New York Post journalist Isabel Vincent who wrote Gilded Lilly, the wife of Edmond Safra, had called me and asked that since I had said that Republic National Bank, Edmond Safra’s, had been illegally trading in my accounts, did I think they were laundering money for the Russian mafia “as they were doing in Madoff’s?” I said I did not know. All I could tell was there were countless errors constantly being put into my accounts and then backed out. At first, I assumed they were “parking trades” in my accounts to use my cash for their margin. Of course, if the “error” was backed out to a different account, they indeed, they were engaging in money laundering.

The court-appointed forensic accountant even wrote to the court about the unprecedented errors in the accounts. The government refused to provide account information to allow them to audit what was going on. The court-appointed counsel, David Cooper, I believe was doing everything he could to help the government cover everything up. The forensic accountant then sent letters to the Judge, and he took no action.

You now have the FTX scandal. You will see that there will NEVER be a trial that would expose all the money laundering where the Democrats had Zelensky, which supposedly needed money to defend his country and fee starving Ukrainians, hand the money to FTX who then happened to be the #2 donor to the Democrats for the midterms. Guess what! Sam Bankman-Fried was charged in the most corrupt court in the nation – the Southern District of New York. The Court of Appeals admitted on page 97 of US v Ziccehtello, that judges are altering transcripts and changing the very words spoken in court.  That is 20 years in prison if you or I alter court documents. They do it all the time. When I confronted Judge Richard Owen about this practice, so many people showed up in court to see what would happen. The lawyers said you can’t accuse a federal judge of committing a crime. I said you all say they do it. They responded. Yes, but you cannot accuse them of doing it. The judge got scared and admitted it in public but claim it wasn’t material.

All the press was there AP, New York Times, Bloomberg, NT Post, you name it. NOT a single member of the press reported what took place that day. OMG! Exposing the federal courts corruption? Impossible!

If a case is a high profile, you will NEVER see the truth in the media.

Jan 17 2023

Cautiously Optimistic – The House Select Subcommittee on the Weaponization of the Federal Government


Posted originally on the CTH on January 17, 2023 | sundance 

Communication, discussion and step-by-step outlining is a very time-consuming enterprise.  If you are wondering about the light CTH posting recently, refer to the prior sentence.  I cannot say much; except to say no one is more cynical than I, and yet there is reason to be cautiously optimistic.

As previously noted, the 118th Congress is expected to authorize a “Select Subcommittee on the Weaponization of the Federal Government.”   The subcommittee will fall under the jurisdiction of the House Judiciary Committee led by Chairman Jim Jordan.   Additionally, Thomas Massie (R-KY) is being reported as a representative under consideration for the chairmanship the House subcommittee.

House Judiciary Chairman Jim Jordan and potential House subcommittee Chair Thomas Massie should have a grasp of the scale and scope of the opposition they are about to face.  Assuming they have a fully prepared staff to support them – willing to take on a very consequential investigation; then we begin by first anticipating who will oppose their effort to investigate the “weaponization of government“.   Which is to say everyone!

The defensive apparatus of the DC political system will likely do everything in their power, individually and with collective assistance, to ensure this committee fails.  The stakes are quite high.  As readers here can well attest, DC politics is an institutional system of purposefully created compartmentalized silos.

The compartmented information silos permit plausible deniability, and this collection of weaponized institutions contains career bureaucrats who view their opposition as the American people.

Example – The Senate Select Committee on Intelligence (SSCI), and every Republican member therein, including SSCI Vice-Chairman Marco Rubio, will make it their willfully blind priority to obstruct any investigation that touches on how the intelligence apparatus of the United States government is weaponized against the people.

The SSCI is the institution that facilitated the creation of the National Security State.  Any effort to investigate the outcome of that system will make the House investigators adversarial to their colleagues in the Senate.

Additionally, every executive branch intelligence institution including the DOJ-NSD, FBI, DHS, ODNI, CIA, DoD, DIA, NSC and every sub-agency within their authorities will do anything and everything to block a subcommittee looking into their domestic activity.

A lot of bad decisions have led to really bad things.  DC does not want those bad things discussed.

Every national security justification that exists, and some that have yet to be created by the DOJ National Security Division solely for the expressed interest of blocking this subcommittee, will be deployed.

Every member of the subcommittee and their staff will be under constant surveillance.  Phones will be tapped and tracked, electronic devices monitored, cars and offices bugged, physical surveillance deployed, and top tier officials at every subsidiary agency of the U.S. government will assign investigative groups and contract agents to monitor the activity of the subcommittee and provide weekly updates on their findings.

The White House together with the National Security Council will also backchannel to and from these agencies doing the surveillance.

The intelligence apparatus media will be deployed, and daily leaks from the various agencies to their contact lists in the New York Times, Politico, Wall Street Journal, Washington Post, ABC, CBS, NBC, CNN and MSNBC will be in constant two-way communication for narrative assembly and counterpropaganda efforts.

This is the context of opposition to begin thinking about before anything moves forward.

Additionally, the national security state will demand the House investigation take place on their terms.  They will demand secrecy, national security classification and require House subcommittee members to adhere to the Intelligence Community terms for review and discussion of anything.

Each agency will not voluntarily assist or participate in the investigation of any of their conduct.  Every official within every agency will do the same; and they will require legal representation that will be provided to them by Lawfare political operatives skilled in the use of “National Security” and “classified information” as a justification for non-compliance and non-assistance.  A protracted legal battle should be predicted.

Lastly, anticipate Special Counsel Jack Smith using his position to block the House subcommittee from receiving evidence.  The House should anticipate that congressional representatives are already under investigation as a result of the authorities granted to Jack Smith by Deputy Attorney General Lisa Monaco {Go Deep}.  The White House and all of the executive branch agencies will use the existing Special Counsel to block House investigation. Heck, that looks to be the primary purpose of the appointment.

As a result, expect the House subcommittee members to be under constant threat from the DOJ, via the Special Counsel, specifically from DAG Lisa Monaco, with statements that House subcommittee investigative efforts are “obstructing” a special counsel investigation.  The aforementioned agencies and the Senate intel committee will work with the DOJ to use the Jack Smith special counsel as a shield to block participation with the House subcommittee.

With all of that in mind, what is the successful path forward?

♦ First, everything has to be done in sunlight and maximum transparency, even the planning and organization of the committee construct, purpose and goals.

The committee can have no shadow operations, unknown guiding hands or secrets that can be discovered and then weaponized against the intent.  Sunlight is the best disinfectant.

I know DC has little concept of working like this, but you can train yourself to do it.  You have nothing to hide; however, those who are being investigated have everything to hide.  Do not provide them ammunition by retaining secrets that can be weaponized against you.

As Andrew Breitbart said, be open with your secrets.

Your second cousin Alice will be a source for the New York Times to write about the Thanksgiving dinner three years ago when she heard the “N” word or a tasteless joke about something outrageous.  Every member of the committee and staff need to prepare for a dossier completed by the FBI about them and distributed to the government allies in mainstream media.

Security clearances will be leveraged and threatened as a tool of the national security state to stop the secrecy envelope from being opened publicly.  This will happen; so just anticipate it.  When the security clearance of [insert_name_here] is threatened, go to the microphones and tell the public who is doing the threatening, and why.

♦GOALS – The goal needs to be crystal clear to anyone and everyone who would contemplate assisting.  Yes, there needs to be a legislative intent in order to legally formulate the committee; that’s a no-brainer.  However, the ultimate goal should NOT BE accountability on those who may have perpetrated or supported weaponized activity against American Citizens.  The ultimate goal SHOULD BE for maximum public information, transparency and sunlight about the weaponization as it is discovered.

Let us assume the goal is accepted, before moving forward, the subcommittee needs a professional communication strategy in place before the rules, terms and member outlines are structured or made public.

A thoughtful communication strategy so that information can come from the committee to the public without the filtration of a corrupt system that will bend and skew the findings as a weapon against the committee itself.

♦COMMUNICATION PORTAL – Hire a communication staff and set up a website for the sharing of information directly from the committee to the public.  The daily activity of the committee should be shared publicly in granular detail.  The witness names as scheduled, documents requested, everything that involves the committee activity should be known to the general public. This system should be updated at least DAILY, or as information is compiled.

This communication network should also contain a separate staff assigned to solicit, accept and distribute information provided by the public to the subcommittee.  Yes, you read that correctly, the subcommittee website should be able to accept information provided by the public as it relates to the ongoing committee work.

Crowdsource We The People as research leverage against the much more effective Lawfare operations you will face in opposition.  This means a portal where the ‘open source’ information can be delivered by researchers, many of those on the spectrum, who hold deep knowledge of the information and system processes in the silos.

In the past several years, thousands of documents have been retrieved by FOIA and public records investigations.  Hundreds of experts in the granular details of the DHS, FBI, DoD and DOJ-NSD systems have knowledge that can benefit the committee; you just need a way for them to transmit the evidence/information to you.

That ‘open source’ evidence should flow into the committee portal with address sourcing that allows the committee staff to review and locate it independently.  This avoids the predictable counterargument, from the national security state, that Russia (or foreign actors) is feeding disinformation into the committee.

The documentary evidence will mostly be “open source,” extracted and then cross-referenced from within the multiple silo system the national security state uses as a shield. And the origination of the documents will be traceable and easy to duplicate, thereby providing secure provenance.   The internal staff manager for this inbound portal is critical (think former HPSCI Nunes staff).

Documents found by the committee should then be uploaded to the same communication system (website), permitting the public -especially the autists- to review and then cross reference the committee material; ultimately channeling information back into the committee if important dots connect or puzzle pieces clarify.   Think of this as a massive counter lawfare operation with hundreds of Deep State subject matter experts assisting the committee.

Witness transcripts should be uploaded within 36 hours of testimony.  Then let the public do the research, background review and dot connecting from the testimony.  If you build it, they will come.

♦ Next, GO PUBLIC with everything.  Do not use the terms and conditions of the secretive administrative state.  Tell the public what you are finding as you are finding it.  You can share information without violating “sources and methods.”   Schedule a media appearance at the 8pm hour twice weekly with a high visibility broadcast media network to provide updates and answer questions.

These scheduled appearances should be in addition to random media press releases and press comments as pertinent information to the subcommittee arrives.   What this means is that you do not wait to produce a 2,000-page final report before releasing the information.  The final report should be an update and summary of all previous findings that have been released to the public along the way.

♦ At the outset, put no rules on media contacts with any subcommittee staff or member.  Counter the darkness that fuels the intelligence community agenda with maximum sunlight and transparency.  Use truth as a weapon against disinformation.  That means no nondisclosure agreements at any part of the process.

Yes, this is radical change in approach, but this is also a radical enemy you are facing.  Playing the secrecy game works in their favor, not yours.  Transparency is your tool, not theirs – use it.

Use truth as a weapon.

Every member of the committee can say anything they want about any of the material or witness testimony they hear during the course of the investigation.  Public hearing or closed-door sessions, it matters not.  The same rule applies.  Committee members are completely free to discuss any findings as the information is reviewed.

The goal should NOT BE accountability on those who may have perpetrated or supported weaponized activity against American Citizens.  The goal SHOULD BE for maximum public information, transparency and sunlight about the weaponization as it is discovered.  This approach makes We The People the accountability portion of the process.  As a result, the next section is again rather groundbreaking….

♦ Every witness to the committee should be granted full legal immunity provided by the House and House Speaker for anything said during the testimony or admitted as being done as part of the evidence fact-finding.  Again, the goal is transparency and openness, not prosecution and accountability.  Use sunlight as a weapon to draw out the truth, then let the American people be the judges of what that truth means when contrasted against the constitution of our nation.

Let me repeat this… There should be ZERO legal liability for any conduct that happened as a part of any witness effort to weaponize the United States government against the American people.  The immunity should cover everything *except* perjury from the witness to the committee itself.   If the witness lies the immunity evaporates.

Why this approach?  Because (a) it circumvents any issues that might impede testimony, removes hurdles; (b) immunity compels confession, honest sunlight and the urgency of the situation; (c) immunity makes the truth more likely; and finally, (d) you are not going to get legal convictions anyway.   The truth has no agenda.

Another reason for the immunity is because the operation of the subcommittee should be heavily focused on witness testimony, not documents.  The documents can come as part of the follow-up to the witness testimony, but it is the witness testimony needed; the publication of the transcripts then provides the public sunlight.  This is key.

90% of the committee work should be focused on witnesses and questions therein.  Only 10% of the committee work should be seeking documents.   Avoiding the documents shortens the time needed for investigative disclosures and avoids protracted legal battles therein.  If the people on the committee, those who are asking the questions, do not already know the details behind the questions and the locations of the supportive documents, then you have the wrong people on the committee.

Every response to a questioned witness should come with the following question: “how do you know this?”   That is how you will discover the nature of the documents, communications, emails etc that support the fact-finding mission.  “How do you know this” also leads to more witnesses.  Work the issue from the bottom up.   How do you know this; who told you this; why did you do this; what authority guided you; who authorized this approach? etc. etc. etc.

Use fully immunized witnesses to tell the story, then go look for the documents to corroborate the witness statements using the ‘under oath’ transcript as part of the impenetrable subpoena itself; but don’t wait, keep questioning witnesses.

♦DOCUMENTS – Once you identify the location of documents that would assist the sunlight objective, don’t only rely on the government side of the conversation as the targeted source for retrieval.  If the document contains communication to external parties, ie public-private partnership, then move to gain the documents from the private side, thereby avoiding the roadblocks inside government.

Regardless of the status of the document search, and regardless of whether legal battles will be needed to retrieve those documents, keep moving forward with the witness testimony.  Do not stop committee work just because internal silo opposition is being fought.  Keep working the plan and bringing immunized witnesses, both inside government and outside government, forward for questioning.  Leaders within organizations and agencies are important, but clerks, staff, and administrative aides in/around those same leaders could also provide important information.

This subcommittee approach, along with the people needed, will obviously take more time to assemble.  However, once put together everything thereafter moves at a very rapid pace, which is also part of the strategy.  Flood the information zone with maximum sunlight and keep the opposition off balance.

The goal is sunlight. Rip the Band-Aid off, call the baby ugly and start the process to fix this crap by exposing it. Restore the First and Fourth Amendments and heal the injury.

From the Church Commission we got the secret FISA court and more tools for violations of our Fourth Amendment rights.  From the 911 Commission we got The Patriot Act, DHS, TSA, DNI and many more violations of our rights and Fourth Amendment protections.   We do not need any legislation as an outcome of the House “Select Subcommittee on the Weaponization of the Federal Government.”

We do not need your legislative help.  All prior legislative help only ended up making things worse.

What we need is a full, uncensored, brutally honest expose’ of how bad things have become and how that system can be dismantled.  The existing constitution is the protection, just remove the stuff that is violating it.

I know this approach is rather different from the norm.  However, if this roadmap seems reasonable, I am certain you will find support from within the silo system that is currently operating, and from people outside the government who will volunteer time and effort to assist.

Summarized: (1) Know the scale of opposition.  (2) Formulate a communication strategy around it & build a website. (3)  Communicate findings by telling the story to the American people as it is discovered. (4) Grant immunity to all witnesses. (5) Don’t wait until the end to generate another useless report that few will read. (6) Make sunlight the motive of the committee. (7) Consider success when the American people can see the problem.  (8) Dissolve any weaponized systems.  (9) Don’t create new ones.

If you tell us the truth, We The People will fix it ourselves.

Jan 16 2023

Why Are Ancient Coins Rising in Price?


Armstrong Economics Blog/Ancient History Re-Posted Jan 16, 2023 by Martin Armstrong

QUESTION: I went to the New York show and I sat in on that CNG auction to watch the Diocletian medallion. A friend said you told him you thought it would bring $750,000 on an estimate of $500,000. Well, it brought $1.9 million to everyone’s shock. It seemed that prices were generally double estimates on most things. I was curious if you would comment on that.

Cheers

CP

ANSWER:  Yes I know. I was watching it online. I do not know who was the buyer or the underbidder. One dealer told me it was a collector. Ancient coins are rising because they are a global market. If you have American, British, or German coins, naturally the best market will be in those countries. However, when it comes to ancients, there are buyers in China and Russia coming into the marketplace in addition to Americans and Europeans.  Simply put, ancients are a global market for they bring to life history and much of history has even been confirmed by the coinage.

The prices have continued to rise even in the face of rising interest rates and the Fed’s attempt to cause a soft landing. The fact that these coins are still rising sharply confirms what I have been warning that our computer does NOT see another Great Depression and complete collapse in the share market. We are in this trend where money is simply trying to get off the grid.