Elon Musk Revoking Ukrainian Aid


Armstrong Economics Blog/War Re-Posted Oct 17, 2022 by Martin Armstrong

Don’t bite the hand that feeds you. SpaceX founder Elon Musk came to Ukraine’s rescue when they lost access to the internet. Musk’s sent Ukraine 20,000 Starlink satellite units at the cost of $80 million. After Elon Musk posted a poll regarding allowing the Ukrainian people to vote on the matter of joining Russia and upholding the referendum, Ukrainian diplomat Andri Melnyk publicly tweeted, “Fuck off is my very diplomatic reply to you.”

So now, Elon is considering doing what Melnyk proposed. Musk was concerned about the cost of operations long before Melnyk’s insult. “We are not in a position to further donate terminals to Ukraine, or fund the existing terminals for an indefinite period of time,” SpaceX said in a letter to the White House dated September 8. The company was urging the Pentagon to fund the project, which they estimate will cost $120 million for the remainder of 2022 and $400 million for the next 12 months. Ukrainian General Valeriy Zaluzhnyi, meanwhile, is requesting 8,000 additional Starlink terminals.

Now Musk is considering back peddling and removing his funding to Ukraine. He stated that his company could no longer afford the costs to fund this endless war. When he received negative feedback online, he replied, “We’re just following the recommendation,” and replied directly to Andri Melnyk. This is what happens when you bite the hand that feeds you.

Biden Begs OPEC+ to Delay Vote Until After Midterms


Armstrong Economics Blog/Corruption Re-Posted Oct 17, 2022 by Martin Armstrong

Joe Biden is playing dirty before the midterm elections by urging Saudi Arabia to delay the OPEC+ oil vote until December. The Saudis, who unofficially run OPEC+, do not respect Joe. OPEC+ voted on October 5 to cut oil production despite Joe’s desperate pleas. In a desperate attempt to avoid further embarrassment, Biden asked them to delay the next vote.

The Foreign Ministry of Saudi Arabia replied with a letter rejecting Biden’s requests. The kingdom said they declined Biden’s request in October for purely financial reasons. They reject the idea that they declined on behalf of Russia and said that they are not interfering in international conflicts. Worse, they believe that Biden is promoting the idea that Saudi Arabia is against the United States. In reality, they want to make money and be left alone. Oil is what keeps their kingdom afloat. The letter confirms their relationship with the United States is “strategic” as a trading partner and nothing more.

As for pushing back the next vote, that is not in Saudi Arabia’s interest. They explained that “economic analyses indicate that postponing the OPEC+ decision for a month, according to what has been suggested, would have had negative economic consequences.”

White House officials have confirmed Joe’s election interference. “We presented Saudi Arabia with analysis to show that there was no market basis to cut production targets, and that they could easily wait for the next OPEC meeting to see how things developed,” National Security Council spokesman John Kirby said in a statement. Yet, the White House swears this decision has nothing to do with the midterms.

This sounds like election interference to me.

Guaranteed Basic Income Pilot Includes Illegal Immigrants


Armstrong Economics Blog/USA Current Events Re-Posted Oct 17, 2022 by Martin Armstrong

An Illinois county is paying illegal immigrants for making it across the border and winding up in the mess that is the Chicago area. US taxpayers already pay around $20 billion annually to support those who entered illegally, but that amount is expected to rise significantly. Although impossible to forget, this is occurring on the backdrop of serious inflation and a looming global recession. Now, lawmakers are promising Guaranteed Basic Income to this same group.

The Cook County Promise Guaranteed Income Pilot is testing Guaranteed Basic Income on 3,250 households across the county. They will each receive $500 per month with “no strings attached.” Again, free money is never free. Those eligible must be adults 250% beneath the federal poverty line or households over four earning under $69,375.

It is estimated that 36% of county residents will be permitted to apply. “Participants are free to spend the money however they see fit to meet their needs, within the bounds of the law,” the website states. “This pilot is open to all residents of Cook County, regardless of your immigration status. This means that if you are undocumented, or your household is a mixed-status household, and you meet the eligibility criteria above, you are eligible to participate.  We will not share information on immigration status with Immigration and Customs Enforcement (ICE) or with the United States Citizenship and Immigration Services (USCIS).”

They claim the funds will come from the American Rescue Plan Act, an act funded by Americans that was intended for Americans. Welcome to modern-day America where individual counties are permitted to practice socialism at your expense.

Putin is Not the Madman – Biden is Just Senile


Armstrong Economics Blog/Russia Re-Posted Oct 16, 2022 by Martin Armstrong

I feel sorry for you for those who believe the propaganda put out to justify a war that Putin is this madman. Be careful what you believe and wish for. You probably think the government really cares about you and your future. You probably still wear masks driving alone, or even when you sleep, and possibly a condom just in case for good measure.

There are those of us who have REAL contacts and who understand REAL geopolitics and the way governments create wars by filling the minds of their people that there are weapons of mass destruction. Now even a former MI6 agent has come out and said the same thing. You better be careful what you wish for. Putin was selected by Yeltsin BECAUSE he was not a Communist and was moderate. Yeltsin was under siege from the communists who did want to resurrect the USSR and the oligarchs who wanted to strip mine Russia for themselves. If Putin was a communist, Yeltsin and his family would have been in prison.

I have all the declassified documents from the Clinton Administration that CONFIRM that Putin was nothing that the propaganda is all about. He NEVER sought to resurrect the USSR. As far as the KGB, he was never high-ranking and quit in 1991 as soon as Russia fell. All of the comments put out there by John McCain were outright lies. I have the security briefing he read and said the opposite because he was a Neocon who just wanted endless wars.

So you can believe all the BS. They need you to do that to wage war and offer your life on their altar of political agendas. If you think you will be an armchair general and watch this war on CNN, sorry. It will come to a neighborhood near you. I just thank God I am not 18. The future these people want is total insanity. The Weimar Republic in Germany took place because it was a revolution against the imperial government that always waged war. We face the same fate when the people realize this has been a mountain of lies for a political agenda. When Zelensky came to power, he promised peace. He was then instructed by the West that was not acceptable. The West promoted the civil war in Ukraine.

It is the hardliners putting pressure on Putin because he has been “too soft” on Ukraine. Replace Putin and we will get World War III. Zelensky better pack his high-heels in an emergency exit bag.

What in the World is Happening to our Constitution?!


Awaken With JP Published originally on Rumble on October 13, 2022 

Another good post by JP

Do We Have Any Rights?


Armstrong Economics Blog/Rule of Law Re-Posted Oct 16, 2022 by Martin Armstrong

QUESTION: Hi Marty,

Is it still possible for the People to save the USA and revert it back to its original form, as was indented in the Constitution –  rights not enumerated to the Government, belong to the State or to the People?

I spend some time in the USA and in public high school. At no point, we were taught the Constitution and what it entails. That was in north Texas – open gun carry and very in favor of the constitution rights.

Texas high schools did not teach the Constitution nor the 2nd Amendment – that its purpose is not to give the right to bear arms but to DENY the Government the authority to infringe on People’s right to bear arms (the divine right).

The People no longer remember that the Founding Fathers saw the People as Sovereign with the Divine Right.

Can you opine on this, with the emphasis on the Divine Rights (inalienable rights) that were previously reserved only for the Kings and bestowed by the Church.

Cheers from Canada,
Lucas

ANSWER: The TRUE answer is we have NO RIGHTS whatsoever. The courts have turned everything on its head. The Constitution is NEGATIVE – not positive. You have to look at the language very carefully. Here is the First Amendment. It stated “Congress shall make no law…” and that is a NEGATIVE restraint upon government It does not endow you with the “right” to freedom of religion of speech. This is how they are getting away with the whole cancel culture. The “negative” restraint is ONLY upon the government. You actually have no right to freedom of speech. The 2nd Amendment was to create a militia army, not a standing army. That was the advice of the Prince of Savoy.

In 1787, Patrick Henry was invited to participate in what became the Constitutional Convention. He feared that the meeting was really a sinister plot by the powerful to construct a strong central government that would become not much different from what they revolted against. When the new Constitution was sent to Virginia for ratification in 1788, Patrick Henry stood up and objected. Henry argued that it was a trap and that the Constitution did not include a bill of rights and that would lead to tyranny.

Patrick Henry argued that the clear absence of a bill of rights was confirmation that this was really an attempt by the few to become powerful and dictate to everyone beneath them once again. Henry argued eloquently and other Anti-Federalists saw his point and compelled James Madison, the leader of the Virginia Federalists, to promise the addition of a bill of rights to the Constitution. On September 25, Congress agreed upon the 12 amendments, and they were sent to the states for approval. Articles three through twelve were ratified and became the Bill of Rights on December 15, 1791. It was not until after 25 days of heated debate, on June 26, 1788, Virginia became the 10th state to ratify the Constitution on that condition.

If it were not for Patrick Henry, we would have lived in utter tyranny all this time. Little by little, the court has very subtly inverted the Bill of Rights and most people have actually just looked at that title “Bill of Rights” and assumed that are positive rights that we have. However, look closer and you will see that this is a negative restraint. If you want to sue someone for violating your constitutional rights, they MUST be acting under “Color of Law” meaning it is really at the government’s direction.

See:

Crimea


Armstrong Economics Blog/Ukraine Re-Posted Oct 16, 2022 by Martin Armstrong

Russell Brand Discusses the Common Sense and Pragmatism of Trump on Subject of Ukraine


Posted originally on the conservative tree house on October 15, 2022 | sundance 

It appears our friend Neil Oliver has the week off. So, we will visit another, albeit saltier, U.K. voice who is also grounded in pragmatic common sense.  Russell Brand recently discussed how “President Trump is Right” about the issues around the Ukraine war and the conflict with Russia.

Mr. Brand notes a few bold nuances that are mostly lost in the media conversation and uses his sarcastic humor to point out the current reality. WATCH:

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Canadians Beware


Armstrong Economics Blog/Canada Re-Posted Oct 14, 2022 by Martin Armstrong

QUESTION: Martin

If we are going to have a war is my money safe in my Canadian banks, or should I have some cash?

Regards

ANSWER: Canadians should keep some US dollars in cash. Trudeau canceled high-value notes. As of January 2021, he obtained the power to cancel Canadian currency as they do in Europe. Once that power was exercised, he would do it again. He is entirely on board with Klaus Schwab and this agenda of the World Economic Forum is intentionally pushing for war with Russia.

As I have said, Putin had ZERO intention of conquering Ukraine. This has been a propaganda war. The first thing you do is take down the power grid. I think if war is to come, Putin can wipe out Europe very easily – take down the power grid. With digital currencies and electric cars, this will only leave society extremely vulnerable as never before. So you want cash, for banks can be shut down by targeting the power grids.