Category Political Debauchery

Jul 22 2022

China Banking Crisis & the Unsuspecting World


Armstrong Economics Blog/Interest Rates Re-Posted Jul 22, 2022 by Martin Armstrong

While authorities have accused a private financial group of misleading members of the public with promises of high-return wealth management products, what is not being said publicly is the fact that the rise in the dollar is a significant factor undermining emerging markets in which China participated. The Chinese government warned the provinces and private companies NOT to borrow dollars. Despite the fact that the Chinese government is portrayed as COMMUNIST still in the West, there would be no banking crisis if they were.

Many operations borrowed in dollars made the same fatal mistake I have witnessed since the 1980s. They sell these loans in a foreign currency with the expectation of saving money on interest. But the FX can be 20% to 40% within a 2-year period and there is NEVER any foreign exchange consideration. In addition to this FX crisis, the inexperience of people who think it is easy to be a money manager has discovered the reality of being inexperienced. This is why you find the standard clause in the West – past performance is no guarantee of future success.

Japan is once again the largest holder of US debt. This is NOT because they have been buying more, it is because China is selling off debt gradually because the dollar is high and the risk of war with the United States is rising by the day. Biden has already destroyed the world economy. It is now impossible to repair even if you vote for all Republicans 100%. The destruction of SWIFT has divided the world and has terminated Globalism. China is liquidating US debt gradually and rightly so. Beware of 2023 ahead. The people writing the scripts for Biden are ONLY concerned with climate change and have ZERO experience in geopolitics.

Henry Kissinger has been a critic of Biden on his war effort against Russia and China, or should I say the real president who is writing the scripts. EVERY President since Nixon has invited Henry to the White House EXCEPT Biden. Henry is the best geopolitical analyst I know of. I myself was called by my local Congressman asking me to fly to a meeting. I declined. But I asked why was I being called? I was told there is a serious lack of experience in Washington. I was stunned, to say the least. I have no desire to step into what has become a hateful confrontation in Washington that resembles a high school food fight in the cafeteria.

If you do not have eyes in the back of your head, you better learn how to use a rear-view mirror. The purpose of this blog is to help you to see that we are all connected. The old saying about Chaos Theory was that the flapping of a butterfly’s wings in Thailand can alter the weather cycle in Europe. The slightest alteration can produce a starkly different outcome. This is why I am often a critic with a different view when it comes to governments. Those at the helm are often LINEAR thinkers who see only one cause and effect that produces the future.

It is people like Klaus Schwab who think they are so intelligent that they can actually alter and shape the future. His entire premise of the 4th Industrial Revolution is that he can direct it and control it when creativity cannot be controlled or put on some schedule. A good trader learns from his mistakes. If he never made a mistake, then he will end up in a real crisis for he will assume he is always right and then lose it all.

Life is a learning process. We advance only as we learn and the mother of all invention is our mistakes. Learn well from them, if you wish to survive and stop blaming other people. That is the #1 problem with the goldbugs. They do not seek to understand, but just blame the bankers for why gold has not reached $10,000. They cannot advance because they look at the market objectively. That is a critical factor we learn in this journey we call life.

Jul 22 2022

Republican Congressman Lee Zeldin Attacked on Stage During Campaign Event in New York State Governor Race


Posted originally on the conservative tree house on July 21, 2022 | Sundance 

Yikes, things are getting spicy in New York as Republican gubernatorial candidate Lee Zeldin was attacked by a guy while giving a campaign speech in Monroe County near Rochester.  A bystander intervened and removed a weapon from the hand of the attacker.  Mr. Zeldin was unharmed.

https://youtube.com/watch?v=HlE9Y-dfGA0%3Ffeature%3Doembed

New York – Lee Zeldin, the Republican candidate for New York governor, was attacked during a campaign stop near Rochester in upstate Monroe County on Thursday night.

Zeldin, also a sitting US congressman from Long Island, was giving a speech at the Veterans of Foreign Wars post in Perinton when a man jumped on stage and lunged toward the lawmaker, according to witnesses and video of the incident.  “I saw that he [was] approaching the congressman, so I jumped up on the stage,” witness Joe Chenelly told The Post.

“The congressman turned and faced him. I thought he might just be there to hug the congressman or to, you know, maybe heckle him or something along those lines.”

The suspect approached Zeldin wielding an unknown weapon and Chenelly tackled him.  

“Once the man was on stage, he reached into his right pocket and pulled out what appeared to be a knife or a razor blade, maybe a box cutter and lunged at the Congressman,” Chenelly said.

Zeldin attempted to block the suspect — who witnesses said was disheveled and possibly intoxicated — and the man lunged at Zeldin once more.  (read more)

Jul 16 2022

If You Eat Today…


Armstrong Economics Blog/Uncategorized Re-Posted Jul 16, 2022 by Martin Armstrong

If you’re not from America, replace “Biden” with your elected official who is following plans for the Great Reset. The civilians and service members are the ones who truly keep our nations afloat and deserve praise for their efforts.

Jul 14 2022

70% of 10-Year-Olds Cannot Read After Lockdowns


Armstrong Economics Blog/Corruption Re-Posted Jul 14, 2022 by Martin Armstrong

Children suffered the worst long-term consequences of the lockdowns. “The State of Global Learning Poverty: 2022 Update,” found that an alarming 70% of middle and lower-class 10-year-olds across the globe cannot read. There is no greater freedom than knowledge, and reading comprehension is essential to our modern-day existence. “Only the richer segments of the population—those with broadband connectivity, access to devices for the use of each family member, a place to study, availability of books and learning material, and a conducive home environment, among other conditions—were able to maintain a reasonable level of education engagement,” the study cited. We are now in the midst of an education crisis where children have fallen perhaps too far behind to catch up with their peers.

Latin America, the Caribbean, and South Asia saw the most notable declines in learning as schools there completely closed and many did not have access to online education. Sadly, many of the organizations that pushed for the lockdowns and school closures, such as the Bill & Melinda Gates Foundation, would like to step in to help re-educate these children. They will try to reshape an entire generation of vulnerable children as they see fit. “Fighting this learning crisis is the challenge of our times if we do not want to lose this generation of children and youth,” the report said.

“COVID-19 has devastated learning around the world, dramatically increasing the number of children living in Learning Poverty,” said Jaime Saavedra, Global Director for Education at the World Bank. “With 7 in 10 of today’s 10-year-olds in low- and middle-income countries now unable to read a simple text, political leaders and society must swiftly move to recover this generation’s future by ensuring learning recovery strategies and investments.” They are calling this phenomenon “learning poverty,” but the issue was not based on class. This drastic decline in reading comprehension is a direct result of lockdowns and school closures.

The report tries to claim that “learning poverty” was prevalent before the lockdown, but there is no denying that allowing children to miss 273 days of school in certain areas of the world caused this problem. The report says learning poverty violates children’s right to education, but the lockdowns and tyrannical crackdown on a largely unlethal virus harmed ALL children across the globe.

So now, children risk losing $21 trillion in lifetime earnings, equivalent to 17% of global GDP. Our model has been targeting 2030 for many years as a major turning point. Unsurprisingly, this report claims that if we follow the guidance of the same agencies who forced school closures, we can attain a newly indoctrinated, I mean educated, population by 2030.

Jul 14 2022

Biden on Crack and Mass Incarceration


Armstrong Economics Blog/Corruption Re-Posted Jul 14, 2022 by Martin Armstrong

As if we needed more proof that the elites are beyond the law — disgraceful. Listen to the words coming out of Joe Biden’s mouth juxtaposed to a video of his son weighing crack cocaine in a filthy hotel. The sweet “Uncle Joe” image that Obama created for this man is a lie. As senator of Delaware, Joe Biden implemented strict laws to punish drug addicts, specifically those addicted to crack cocaine. He did this to target African American communities where crack was more prevalent due to a three-letter agencies’ involvement (a post for another time, perhaps).

Biden championed the 100-to-1 crack/powder disparity where those in possession of crack would receive 100 times the penalties for carrying the same amount of powder cocaine. He is the man responsible for the US creating the role of “drug czar,” as he championed being tough on crime throughout his career until he reached the White House.

Biden opened the doorway for civil asset forfeiture in the Comprehensive Crime Control Act of 1984, which gave the government permission to seize the assets of anyone suspected of drug trafficking. Similar to conspiracy, no actual crime needed to be committed.

A report from the American Civil Liberties Union, “Cracks in the System,” found that the 100-to-1 rule disproportionally targeted African Americans and contributed to mass incarceration:

“In 1986, before the enactment of federal mandatory minimum sentencing for crack cocaine offenses, the average federal drug sentence for African Americans was 11% higher than for whites. Four years later, the average federal drug sentence for African Americans was 49% higher.”

Those with minor possession of crack cocaine, much smaller than anything his son has purchased, faced numerous years behind bars without a fair trial and were treated as criminals rather than addicts with a physical and mental health problem. The media wants us to sympathize with Hunter Biden for his rough past, but no one sympathized with the countless people locked away under “Pedo Pete’s” laws. Biden was also responsible for helping Bill Clinton pass the 1994 Violent Crime Control and Law Enforcement Act, which encouraged the death penalty for suspected traffickers and banned certain people from legally possessing weapons. The law most famously included the “three-strike” rule that locked people away for life after three offenses. Bill Clinton later apologized for that ruling, but Joe Biden did not.

What changed Biden’s mind? He has recently come out to decry the harsh rules he implemented and is notoriously light on crime. Well, his daughter Ashley was arrested for marijuana possession in 1998 in Louisiana. Ashley was never convicted of a crime, and her father went on to claim in an ABC interview as far as 2010 that marijuana was a gateway drug. “I still believe it’s a gateway drug. I’ve spent a lot of my life as chairman of the Judiciary Committee dealing with this. I think it would be a mistake to legalize,” then Vice President Joe Biden said.  Let us not forget that he ran campaign ads before the US 2020 Presidential Election to repeal any marijuana-related restrictions that “unfairly targeted minorities.”

Biden is one of the most hypocritical politicians in modern history. He went from championing destroying already ruined lives with unforgiving laws to spending US taxpayers’ dollars on providing addicts with free drug paraphernalia. He defunded police agencies at a time when the opiate epidemic was killing more young lives than ever before. Under the very laws he created, he technically helped his son purchase crack and, therefore, should be investigated, albeit this only scratches the surface of the crimes he has committed through his son.

Hunter Biden and the entire Biden crime family are blatantly above the law. Crack smoking is one of the least offensive activities exposed in Hunter’s laptop from hell. He will never be investigated, and Biden will never feel sorry for the countless lives he has ruined.

Jul 5 2022

Let Them Eat Crickets


Armstrong Economics Blog/Agriculture Re-Posted Jul 5, 2022 by Martin Armstrong

Bill Gates’ dream of a meatless Utopia is coming to fruition one insect at a time. Aspire Food Group of Canada announced that it has created an “alternative protein manufacturing facility.” They are not referring to soy or plant-based alternatives but are encouraging the consumption of crickets.

The facility will produce 9,000 metric tons of crickets annually for both pets and humans. I personally would not even allow my dog to eat this pest. So, the plan is to distribute two billion bugs across the US and Canada. Crickets were previously sold to fish bait and pet shops (reptiles) for around $12 for 250 crickets, according to some estimates. The average female lays up to 10 eggs per day for the duration of her short lifespan. One square feet can hold an estimated 1,000 crickets, making this a much easier alternative to raising traditional livestock. Crickets require less space than cattle and allegedly produce less CO2 despite the fact that livestock is not the main culprit.

While other nations have eaten insects for centuries due to a lack of alternatives, the West has not been exposed to this diet. An article in Farmer’s Weekly noted that bacteria contamination is associated with both wild and farmed insects, including the genera Staphylococcus, Streptococcus, Bacillus, Pseudomonas, Micrococcus, Lactobacillus, Erwinia, Clostridium and Acinetobacter, as well as members of the family Enterobacteriaceae.

Expect the media to normalize eating bugs. Perhaps Ina Garten will do a special on how to roast them for your next gathering. However, we have always had the resources to eat fresh produce and animals that are traditional to Western culture. The idea that eating insects will somehow save the planet from mass climate destruction is absurd.

Jul 5 2022

UPDATE: Suspect Captured, Highland Park Suspected Shooter Identified as 22-Year-Old, Robert E Crimo III, Suspect Vehicle 2010 Silver Honda Fit


Posted originally on the conservative tree house on July 4, 2022 | Sundance 

UPDATE: Suspect Captured. The suspect in the Highland Park, Illinois, mass shooting has been identified as 22-year-old Robert “Bobby” E Crimo III.  An active manhunt is underway for his capture.  Crimo is reportedly driving a silver 2010 Honda Fit (pictured below).

Update – A person of interest has been identified in Monday’s deadly mass shooting at a Fourth of July parade outside Chicago, authorities said.

Officials said he was 22-year-old Robert “Bobby” E. Crimo III and is believed to be driving a 2010 silver Honda Fit.

The gunman opened fire with a “high-powered rifle” while standing on a roof just minutes after the parade began in the tony suburb of Highland Park, where six people were left dead and 24 others injured.

The killer “was very military-style, methodical in the way he was crouched and shooting,” an attendee told WGN TV. Investigators found a rifle at the scene that is believed to have been used in the massacre. (read more)

Looks like a typical Antifa type.

Opened fire in a predominately Jewish neighborhood.

Manhunt ongoing.

Check out his abandoned Twitter Before It’s Scrubbed: https://twitter.com/awake_________

Soundcloud Account [LINK]

Jul 4 2022

Sunday LIVE: Biden the Groomer, Recession, Single Issue Dems? etc (Superchat Q&A)


Styxhexenhammer666  Published originally on Rumble on July 3, 2022 

Apr 5 2022

Investigating Hunter Biden Records, Senator Grassley Says More Details Coming This Week


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

Senator Chuck Grassley from Iowa appeared on Fox News Monday morning to discuss his investigation into the documents contained on Hunter Biden’s laptop.  Senator Grassley and Senator Ron Johnson (R-WI) are both collaborating on their investigation and revealing their findings in Senate speeches.  WATCH:

“Well, we just follow the money and the facts where they lead us, and we aren’t done with this yet. We’ll probably be making some more revelations yet this week in Senate speeches”…

https://youtube.com/watch?v=npLmPnGWe44%3Ffeature%3Doembed
Apr 4 2022

DeSantis Defends Vulnerable Children – Groomers are Outraged


Armstrong Economics Blog/Politically Correct Re-Posted Apr 4, 2022 by Martin Armstrong

Governor Ron DeSantis of Florida has signed the Parental Rights in Education Act, which the media refers to as the “don’t say gay act,” despite those words not appearing in the bill. The act will save young children from kindergarten through third grade from being taught about adult sexuality and gender theory. “We will make sure that parents can send their kids to school to get an education, not an indoctrination,” DeSantis said.

While some believe this bill is homophobic, this is the type of curriculum it is aiming to prevent:

Children should not be asked to express or discuss their sexuality. I am not sure why this needs to be stated. The media is outraged, claiming that DeSantis is harming the youth by preventing young impressionable children from discussing alternative families and lifestyles. Even President Joe Biden called the bill “hateful” and stated that his administration would be closely monitoring Florida public schools.

A statement from Disney:

Weeks after it was revealed that over 100 Disney employees were running a human trafficking operation, the company has come out to state that they are opposing the bill. “For them to say that they’re going to actively work to repeal substantive protections for parents as a company that is supposedly marketing its services to parents with young children? I think they crossed a line,” DeSantis stated. “They support sexualizing kids in kindergarten, they support injecting woke gender ideology into second-grade classrooms, they support enabling schools to ‘transition’ students to a ‘different gender’ without the knowledge of the parent, much less without the parent’s consent.” Disney has no problem censoring movies for their conservative Chinese audience and has no problem with their cruise lines sailing to countries that prohibit LGBTQ communities.

As a reminder, tax dollars go towards funding public schools. Unfortunately, the average American cannot afford to send their child to private school. The average cost of private elementary school tuition costs $10,994 per year and the private high school average is $15,535. There is a clear agenda in America to remove gender constructs, with even the next Supreme Court nominee stating she cannot define a “woman.” Why is everyone from the POTUS to major corporations outraged that children cannot be taught about sex? The government wants to take over the parental role. There is something sinister behind the curtain.