A lot of people have been asking where to go, what bank is safe, and what’s next? This is by no means over. The fiscal mismanagement is off the charts and we have a major clash with the Marxist views of the Democrats who always want to punish the rich and then ask them for funding. Only in the Democratic Party can you have a $ 10,000-a-plate fundraiser and preach how evil inequality is and that the rich must be held accountable.
Those who keep calling for a gold standard are clueless. To have a return to balanced budgets means that the Democrats will have to completely reform. They DO NOT know how to govern without class warfare. Politics has deeply divided the United States to the point that the only reasonable solution will be to separate between the blue v red. As Lincon said, a house divided cannot stand. That is becoming so obvious that there will come a day soon when that will be the case. There are over 30 civilizations that have come before us. Every single one has collapsed. We are merely waiting for our 15 minutes in the spotlight.
We must understand that things are far worse outside the United States geopolitically thanks to the Neocons who have done nothing by conniving endless wars. They are ruthless evil people who have no problem sacrificing your family for their political aspirations. Short term, as they create World War III, the dollar will be the strongest currency as capital always flees from a conflict. We really need to IMPEACH Biden, because he is a dangerous puppet who reads whatever the Neocons write on the cue cards. Then we really need to launch an investigation of these Neocons who have usurped US foreign policy for decades and are never held accountable.
Now, many people have asked what is a small bank. They are typically local regional banks. The problem is if they just make decisions based on the talking heads on TV, then they will face tremendous problems ahead. To be diverse, for now into 2024, you may want to look at US T-bills 30-day to the 90-day max. Not every bank is in trouble. You should ask if they publish their portfolio. The big risk is that money was basically free, and they were investing that long-term. But as rates have risen, they have suffered losses.
Are you too poor for the basic human necessity of shelter in Biden’s America? The average home price in Q4 of 2022 was $535,800, according to the St. Louis Fed. If you live in a highly desirable area, expect to pay more. To simplify the math, let’s say that you are looking to purchase a $500,000 property. To heighten the fantasy, let us also pretend you are one of the rare Americans with zero monthly debt. This means that you do not have student loans, car payments, childcare expenses, medical bills, credit card debt, or any major outstanding bill. Fewer than 25% of American households are debt free and this number is rapidly dwindling.
Ok, so you decide to put 5% down on the house or $25,000 for a loan of $475,000. You manage to lock in a 6.7% interest rate for a 30-year mortgage under a conventional loan. Nationwide averages in real estate drastically undercut true averages due to the outliers, but the average annual property tax in America is around $3,000. I personally have not seen a property tax this low between FL or NJ, but I’ll attempt some optimism. After all, this should be a simple price breakdown that does not lead to a mental one.
We will average the PMI payment of 0.5% at $197.92 for 125 months. We will also incorporate the low home insurance average estimate of $1,000 annually. To be most forgiving in my calculations, I will also assume that your monthly HOA fee is $0. This is utterly impossible for anyone seeking to purchase a condo. In my area, the average HOA fee is $600 per month, and a $500,000 property will not afford you a single-family house. At best, you’d be lucky to find a two-bedroom property at that price point in my area. In contrast, home prices here were about 40% to 60% lower in 2019.
Therefore, the overall total monthly payment for a $500K home is $3,596.32. This home can be yours by 2053 if you close this year. Forget “starter homes” as once you are locked into a good rate, you will likely not leave. So how much income do you need to afford this monthly payment? The MAXIMUM debt that the bank will allow you to qualify for is around 50% of your total gross income if you have good credit. If you choose this method, you will be “house poor” and unable to afford other basic human needs. So based on these calculations, you would need to make at least $7,192.64GROSS per month to afford this property and live “house poor.” This would equate to a salary of $86,311.68 per year BEFORE TAXES.
I did not factor in closing costs, inspections, maintenance, moving, or even furniture. So should you continue renting while establishing zero equity? The median rental price in America as of February 2023 was $1,978. Inventory is low, and landlords are compensating for the money lost during COVID moratoriums. Most leasing offices require tenants to earn 3X the monthly rental price, equating to a monthly gross income of$5,934. This has left countless Americans stuck on the rental carousel of paying the majority of their monthly income to the landlord and being unable to save for a future that includes home ownership. Landlords can raise rental costs yearly at whim, and there is no guarantee that you will comfortably be situated in your rental unit from one contract to the next. Rental properties have also begun charging fees for everything under the sun, such as repairs and parking, which was one of the reasons people chose this method.
Gone are the days when Americans comfortably paid ¼ of their monthly salary toward living expenses. We have not even touched on the astronomically cost of other basic living necessities such as food or energy. You must make a decent income if you want to buy a home in 2023. The bank does not care if you are unable to pay because they will simply take your house. Some are lucky enough to secure an interest-free loan from the central bank of mom and dad. Others, the majority of the Great Unwashed, are scraping by—YOU WILL OWN NOTHING AND BE HAPPY!
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+.”
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.
Would it not be better for Putin to follow the American model and invade all of Ukraine vs. using nuclear weapons? There is still time to execute such a strategy.
Taking control of all of Ukraine would give Russia control of the borders, hence no more major offensive weapons would cross to Ukraine from Poland.
On the flip side, using nuclear weapons is bad PR. The public opinion is against nuclear weapons, so if Putin were to use them, NATO would then have an excuse to enter the conflict directly. All it would take is a PR spin.
Cheers from Canada, Lucas
ANSWER: If Russia nuked Ukraine, that would not provide a legal excuse for NATO since Ukraine is not a member of NATO. The whole criticism of Putin in Russia is that he has been too “soft” because he is too nostalgic and regards Kiev as the first capital of the Rus. To him, nuking Kiev would be like the US nuking London. He launched his “special” operation to defend the Donbas because the West lied about the Minsk Agreement to buy time for Ukraine to create an army.
The problem we really face is that the West has conspired to create war with Russia and to use Ukraine as cannon fodder. From the start, Zelensky has drafted 18 to 60-year-olds. Tass has reported that Ukrainian prisoners taken recently are 16 and 17-year-olds.
The West does not care about the Ukrainian people. The more civilians killed, the better. That will enable the West to rally troops for revenge. This war could have ended in 10 minutes. All the West had to do was to allow Ukraine to seek peace and honor the Minsk Agreement – nothing more.
But the West is outright trying to destroy Russia and the bankers are in line once again licking their lips at all the wealth of Russia from gold and platinum to rare earths, diamonds, and energy. Just as I was solicited to join them back in 1999 and I refused, they are back again cheering war.
The Ukrainian people have nothing to gain from this. The Donbas is occupied by Russians for hundreds of years. The Ukrainian people NEVER had a country. They finally got one in 1991 and they are throwing that all away for the Donbas. Zelensky will fly at the last moment to Florida when Ukraine falls. This is the leader of a country who takes orders from foreign powers.
Posted originally on the CTH on February 19, 2023 | Sundance
With a visit by Joe Biden coming up next week, Polish Prime Minister Mateusz Morawiecki discusses the status of the ongoing Ukraine conflict with Russia and the expectation of this being a long NATO supported fight.
Poland is in a weird place with their internal politics. Domestically, their population is not in alignment with the leftist, globalist approach. However, for the past two years -especially since the Russia/Ukraine conflict began – they appear to be walking a tightrope with U.S. policy, leaning favorably to the Biden administration.
It appears Poland is like many EU countries in the leadership disconnect from the mindset of the underlying population that grants them power, with NATO representing the corrupting influence in the disconnect. Then again, the same could be said for almost the entire western system of government, including the United States. Interesting dynamic to watch:
(Transcript) – MARGARET BRENNAN: Welcome back to Face The Nation. President Biden heads to Poland this week, his second visit since Russia began its war in Ukraine. For more we go now to Polish Prime Minister Mateusz Morawiecki. Good morning to you.
POLISH PRIME MINISTER MATEUSZ MORAWIECKI: Good morning madam.
MARGARET BRENNAN: So President Biden will be visiting Warsaw, we know you’ve said President Zelenskyy will also be in Poland. What do you expect from these visits?
PRIME MINISTER MORAWIECKI: Well, I expect that there will be very strong confirmation of our resilience and our joint efforts to defeat Russia in Ukraine, because instead of saying, some Western European politicians say that Russia cannot be- cannot win this war and Ukraine cannot be defeated. We have to change that paradigm and we have to say, Ukraine must win and Russia must be defeated. And I believe that the words of President Biden will reassure all Europe, that the United States is with us in this fight for freedom and peace.
MARGARET BRENNAN: It sounds like you’re referring to the French president’s recent comments. Does NATO actually want Ukraine to win this war and regain its lost territory?
PRIME MINISTER MORAWIECKI: I believe so. I’m absolutely sure that this is the only way how we can restore peace and stability. I cannot imagine that Putin and the Kremlin winning this war, and then peace and stability is around us because the nature, the very nature of Russia is to conquer other countries. Russia has actually somewhat the worst of the 20th century, colonialism, imperialism, nationalism, and this is- this is the nature of “Russkiy mir” as they call, and this is why it’s such a critical moment in our history.
MARGARET BRENNAN: President Biden said he believes the war has to end in a negotiated settlement that’s favorable to Ukraine. You said last year, Poland doesn’t negotiate with criminals- criminals, “nobody negotiated with Hitler, would you negotiate with Hitler? With Stalin? With Pol Pot?” Are you saying peace is not possible if Putin stays in power?
PRIME MINISTER MORAWIECKI: I just came to here- to this interview from Munich Conference. Munich Security Conference, very important platform to exchange opinions today, but in 1938, there was another Munich Conference, where all the leaders of the Western world succumbed to Hitler, and they believed they- they are they are bringing peace to their countries. And one year later, the Second World War broke out. We can, of course, negotiate, but it has to be under conditions and under the definition presented by Ukrainians themselves. It’s up to them to define what- what terms and conditions can be acceptable to negotiate with- with the Kremlin.
MARGARET BRENNAN: One of Ukraine’s neighbors, Moldova, has warned that there was a plot to overthrow their government and open a new front in the war. An ally of Putin recently said that Russia should ‘denazify and demilitarize Poland next.’ Do you see evidence that Russia is going to try to move into other countries including yours?
PRIME MINISTER MORAWIECKI: Well, first of all, I can see more and more provocations around us. One of the missiles of Ukrainian defense system fell on Polish territory, killing people. And this was a direct consequence of a rocket- a rockets and missiles attack from Russia on Ukraine. A couple of weeks, a couple of days ago, another missile rocket went over the territory of Romania. It was sent over the territory of Romania and yes, I do see lots of fingerprints of Russian forces, Russian services in Moldova. This is a very weak, very weak country and we all need to help them. Poland is delivering some financial support for Moldova to survive this very- those very difficult times.
MARGARET BRENNAN: But in terms of Poland, you are in NATO, so the United States would have to come to your defense if you went to NATO and asked for it. There are 11,000 U.S. service members on rotation in Poland currently, I know your government’s asking for more. Do you have any indications from the Biden administration that they will send more troops or make them permanent on your soil?
PRIME MINISTER MORAWIECKI: We are in the process of discussion with President Biden’s administration about making their presence more permanent and increasing them. But- but I’m very grateful also for sending new Patriot systems and other very modern weapons and munitions. Because this is also, to some extent, a proxy for- a proxy for- for presence of soldiers, but of course, the two go in tandem. I also recall the words of President Biden from last fall, from his last visit in Poland, when he said that every inch or square inch of NATO’s country’s territory, is- will be defended, and Russia is not going to put any inroads into- into those countries. And I do believe that NATO countries, we are all very much secure. But it’s not only about us. It’s also about creating stability around us,, in our direct neighborhood. And if we fall to integrate Ukraine in NATO and European Union, Ukraine will always be a zone- a buffer zone, which is- which is not right.
MARGARET BRENNAN: You’ve offered fighter jets to Ukraine, Soviet-era MiG jets, the U.S. has rejected that offer in the past. Any indication they’ll change their position now?
PRIME MINISTER MORAWIECKI: Well, like as you probably recall, Madame, there were many things beyond our imagination at the beginning of the war, and then unimaginable became realizable. And so was with tanks, so was with the Patriot anti-aircraft, anti-missile- anti-rocket system. And I believe that also with fighter jets, eventually, there will be fighter jets from the West, delivered to Ukraine. Poland’s position is we can do this, but only in combination with other NATO allies, and in particular, under the leadership of the United States.
MARGARET BRENNAN: I have to let you go, but I want to quickly ask you, does the U.S. continue to raise concern to you about your own government’s crackdown on gay rights, curbing of the judicial system, and press freedom? Or have they moved those issues to the side because of the war?
PRIME MINISTER MORAWIECKI: We have no provenance of those issues whatsoever, madam. This is not the issue of war, which actually put those questions aside. We- we’re introducing reforms to reform post-communist judiciary system, but this has nothing to do with war and other issues. We are in very frequent contact with President Biden administration. And by the way, we struck a deal. We made a compromise with Brussels, in the counter- in the format of new legislation, and I believe that those issues will- will be so on completely resolved.
MARGARET BRENNAN: All right, Mr. Prime Minister, we’ll be watching that visit. Thank you for your time.
PRIME MINISTER MORAWIECKI: Thank you. Thanks for having me.
Despite the hatred that many pour all over Trump, they really should stop and think for a moment, that they have been subjected to brainwashing. I have stated before that I was invited to a dinner in March of 2020 at Mara largo where I was actually impressed by then-President Trump. He said he wanted to bring the troops home from Afghanistan because he was sick and tired of having to write letters to the parents of solider’s killed over there. He bluntly stated that he had no idea why were there. They were fighting over borders for 1,000 years. “What difference will we make?”
There is a common thread between JFK, Richard Nixon, and Donald Trump – all three stood against the Deep State. The first was assassinated, the second was set up with CIA operatives getting “caught” breaking ton the Watergate building, and the third was probably removed from office by rigged elections and now desperately trying to accuse him of anything to prevent him from running against in 2024.
John Bolton was against withdrawing troops from Afghanistan. Bolton has been a hardnosed Neocon and then lied to the people not disclosing that Trump had a whole team to figure out how to exit Afghanistan that Biden dismissed and then claimed the same end result would have happened under Donald Trump. I really do not know how these people can look at themselves in the mirror.
JFK and Trump were both against war. Both were conveniently removed from office. In the case of Kennedy, they put forth Oswald and linked him to Russia, but then conveniently had him assassinated to prevent any trial when today everyone knows that the CIA was behind it. The recent tapes have revealed that Richard Nixon bluntly said to the head of the CIA, I know who killed John. The CIA used Watergate to discredit Nixon and drive him from office also because he wanted to end the Vietnam War and understood the CIA’s role.
Then Trump wanted to exist in Afghanistan. But Iran shot down an unmanned drone and Bolton wanted Trump to launch an attack on Iran. Trump refused to retaliate for an unmanned drone. The CIA asked Trump to extend the deadline for their release of the Kenndy assassination files until after the election. He agreed, and they knew Trump would lose the election. Biden then granted them the right to withhold the most critical files that expose the real source – the CIA.
The Deep Stated wanted to kill Americans and blame Cuba to justify an invasion. Kennedy rejected that proposal. This, he had to go. How dare he think he can tell the Deep State what to do!
All three presidents posed a serious threat to the Deep State. Forget the hatred of Trump that they have drummed into the heads of so many. Open your eyes. This is biggest that Trump and your hatred blinds you to what is really going on.
QUESTION: Dear Mr. Armstrong, In the event that Russia does employ nuclear weaponry in/over Ukraine, does Socrates offer any insight as to what effect that might have on Ukrainian food/energy/commodities -production in general (…. let alone their capabilities, or likely lack thereof, to transport, said items from fields/mines/etc. to harbors/rail-lines/etc.); and what type of effect will (potentially, severely) reduced outputs like that (from the “bread basket of Europe”) have on shortages, inflationary cost-pressures, disease-cycles, population migration, and so forth and so on? Having traveled through Ukraine in my youth (around the time of your Israel sojourn; and yes, I had a whole lot more hair than too still), I remember marveling at arable topsoil some 8 to 10 feet deep; what (long-term?) effect would nuclear fallout have on such valuable planting-media, one wonders?
All my very best to you, Mr. Armstrong, believe me; I admire your bravery a great deal. You, Sir, are a Prince & a true gift to humanity! Sincerely, …. tlk
ANSWER: Everything to the East of the river was the Russian Empire from the days of the Tzar. Ukraine was NEVER a country – period! That is why they joined Hitler who promised to carve out territory so they could be a nation. I get hate mail from Ukraine calling me a Putin lover. They will not respond when I ask do you really think you can destroy Russia and survive? Is it worth losing the country you finally won in 1991 all for the Donbas where the majority of people are Russian? They will not respond to any such questions. They are blinded by the hatred of Russians and cannot see that they are risking it all. They had a country. That was their dream. They are throwing that all away with nothing to gain even if they won – they will never survive the conflict. It just makes no sense.
That said, Russia could nuke Kyiv. It would all depend upon the size of the bomb. This would be the destruction of Kyiv with 100 kilotons. The argument inside Russia is that Putin has been too “soft” and he should have gone all in for the kill. The military believes they have been held back and could have won had they not had their hands tied.
This would be 100 metric tons. So you can see, they can nuke Kyiv and “win” the war without destroying all of Ukraine. This is what some are pushing for because they see this as a war against NATO and not just a war now to defend the Donbas. Ukraine has been the fool on the hill. They have listened to the West, and gone head-to-head against Russia which has more nukes than the United States, which cannot defend itself against a hypersonic nuclear missile.
Everyone has gone just mad. There is NOTHING to gain from this and the Ukrainian people will only wake up when it is too late. Zelensky is the Adolf Hitler who has brought death and destruction to their dream of a nation-state. Russia could take out Kyiv without harming Crimea or the Donbas.
COMMENT: Marty, I attended your coming out WEC in Philadelphia in 2011. Just about everyone I spoke with said the same thing. They all showed up to make sure it was really you and not some government stooge pretending to be you.
I must say, when you put up the war cycle, I thought it was interesting and everyone respected your work so we listened. At the time it was perhaps a curiosity and would be something we would watch on TV instead of the Oscars. Here we are. In the middle of this mess. I can now see how they used that tactic to demonize Trump to get Biden elected if he was really elected.
Now every person who voted for Biden has voted for World War III. They bought the hatred of Trump to remove him when he was like JFK and would never have agreed to war as you said when you went to dinner at Mara Largo. The recent tapes show that Nixon confronted the CIA for killing JFK. The very people who did the Watergate break-in were operatives for the CIA to make sure Nixon would be removed.
Our leaders really want war. I would never have thought your war model would predict that we would be the aggressor. Our government lies about everything. Why? Do they hate humanity that much?
REPLY: I appreciate what you are saying. The Deep State has always had its agenda and it was always just about them. Never in my wildest dreams looking at these forecasts a decade ago did I ever contemplate that we would be the aggressor. The Neocons just want to annihilate every Russian. That is all they think about. That is why John McCain handed Hillary’s fake dossier to James Comey at the FBI. They were two Neocons and always wanted war with Russia. It was Hillary that conditioned the Democrats to think that Russia was the enemy and they rigged the election for Trump.
You see both Democrats and Republicans cheering war now. There is no stopping the warmongering. All we can do is prepare, and understand how the capital will shift as the arrays will give us the timing. This will enable us to position ourselves to make it to the other side of 2032. Fortunately, Socrates was constructed using the raw data to provide a picture of global capital flows.
That was why I was called in by the Brady Commission back in 1987 for as you can see, the G5 was taking the dollar down for trade by 40% and then foreign investors sell US assets for they will lose on the FX exchange. Those morons every understood capital flows or currency.
When again they were trying to talk the dollar down in 1997 for trade purposes, I warned them they would unleash another crash making the same mistake as before. They at least listened and backed off.
Posted originally on the CTH on February 15, 2023 | Sundance
A lot of people are going to cite and replay a part of the remarks by World Economic Forum head Klaus Schwab, where he outlines what attributes are needed in order to beome the new “Master of the World.”
However, the more interesting, buried lead in his remarks was his talking about the new power structures within global government. He literally says multinational corporations are the power centers for global government in the same way as nations like India. First, the soundbite everyone will discuss. WATCH:
But don’t get too hung up on that one aspect of his remarks. The full speech is below, I suggest listening to it all, and pay particular attention at 04:50 where he talks about “the political transformation“.
Prompted, just hit play:
…”We are moving from a world more or less dominated by one super-power, into the patchwork of a multi-power world. With one superpower, a competing superpower, aspiring superpower like India, middle powers, but also rogue states, companies who have become global powers, technology companies – social media.”…
As it appears the US is marching toward war, what is notable this time, unlike what happened in the run-up to US participation in WW2, was the sense of isolationism in this country. Roosevelt was clearly walking a fine line, knowing there was no stomach for US involvement in Europe. US involvement in WW1 also started out similarly with many in the US, in particular those of Irish descent who opposed helping the British in their battle in Europe. Wilson, another Democrat, also walked the straight and narrow, professing neutrality which history shows was a lie. Later, his 14 points, the forerunner to an imposed peace on Germany, would backfire. The League of Nations would die off.
But today, unlike the prior two world wars, both democrats and republicans appear to embrace an escalation in conflict. And with an old, decrepit mannequin in the WH, it looks like there’s nothing stopping this push toward war. Republicans especially are a total disgrace. They stabbed Trump in the back repeatedly or let him twist in the wind for 4 years and for the first two when they were the majority party…did little to show their one chance to lead. Trump did more for peace than any president since Kennedy. Trump at least tried to engage Xie, met with the North Korean leader and focused more on building up the US domestic economy. He tore up US participation in these climate pacts. He focused on building the wall to stem the flow of illegals crossing the border. Her met with the Mexican president and forced his counterpart to accept an arrangement that kept illegals inside Mexico pending and petitions later to the US government for entry based on their applications. And for all this, he was the target for a fraud based on collusion to get elected with Russian help. Which turned out to be baseless. Later, he was implicated in the Jan 6 insurrection…courtesy of both parties. Which itself was a total fabrication.
Both Dems and R’s are now marching lockstep toward war. It’s no wonder public opinion toward the government is sinking to all-time lows. In both parties. Both of which will be swept away in the years ahead for betraying this country on so many levels.
REPLY: Hillary, started this whole mess by launching the fake dossier and blaming Putin for interring in the election. She managed to convince 70% of Democrats that Russia was the enemy. RussiaGate, despite being discredited, set in motion this hatred for Russia. Still, 65% of Americans support Ukraine when in fact what they are doing is relying on a border drawn by Kruschev for administrative purposes and demanding that the Donbas is their territory when NEVER for even a single day have Ukrainian people ever been the majority in that region. This is a land grab and nothing more that is engulfing the entire world all because our idiot politicians want to destroy the world economy so they can blame it on war and default on all the debt.
I get hate mail and death threats from Ukrainian Nazis pretty regularly now. This only shows that we are historically on the wrong side. In WWII, we fought against the Nazo movement. This time, we support ethnic cleansing.
Americans fled here to escape the political chaos and warmongering in Europe. So when WWI and WWII took place, the American people saw no reason to go support a political movement that they had fled. Indeed, FDR’ solemn campaign promise was no boys would be sent to fight in a foreign war. That is why he did everything possible to get Japan to attack Pearl Harbor for that was the ONLY way to overcome the anti-war position of Americans. They have done the same to get Russia to act to protect the Donbas from the Ukrainians who began the civil war.
FDR repeated that solemn promise in Boston which was predominantly Irish. They refused to defend Britain openly recalling what the English did to the Irish. That was why FDR needed Japan to attack Pearl Harbor. Today, they needed Russia to launch its special operation which was absolutely legal under the United Nations Rules for he was protecting the Donbas, not seeking to conquer Ukraine.
All of those memories of past wars are long gone. Today, we cheer on war because we think it will be like watching Iraq on CNN after nightly dinner. As they say: