House Votes to Legalize Marijuana


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

Individual states began legalizing marijuana a few years ago after the 1969 Supreme Court decision led to the Controlled Substance Act of 1970. Now, the House has voted to legalize marijuana on the Federal level despite President Biden’s sudden opposition. This is all linked to the Sovereign Debt Crisis – turn down the economy, and governments will begin to legalize what is illegal to profit.

The Mexican Revolution began in 1910 and ran into about 1920. A large number of Mexicans immigrated to the US to escape the conflict. This Mexican population had its own uses for cannabis, and they referred to it as “marihuana.” The initial marijuana tax was intended to criminally prosecute Mexicans who were widely seen as taking American jobs during the hard times. Fake news stories ran rampant about people becoming crazed by “marihuana” and harming society. Back in 1937, Congress imposed drastic new regulations and taxes on marijuana, cocaine, and opium, which was then legal. The drugs were taxed before legislation changed.

In 1967, President Johnson’s Commission on Law Enforcement and Administration of justice opined, “The Act raises an insignificant amount of revenue and exposes an insignificant number of marijuana transactions to public view, since only a handful of people are registered under the Act. It has become, in effect, solely – a criminal law, imposing sanctions upon persons who sell, acquire, or possess marijuana.”

The law certainly caused damage as prisons profited. Some estimates claim that 40,000 people are currently serving time in US prisons and jails for marijuana-related offenses. In 2019, US authorities arrested 350,149 people for possessing marijuana. Biden initially campaigned with a promise to legalize marijuana, citing racism as well since a disproportionate (24%) of those incarcerated for marijuana are black. But like all politicians, Biden is not fully supportive of the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act that passed 220-204.

Legalizing marijuana would be a lucrative venture, as Canada already has witnessed. I mentioned in January that the state of Arizona saw $1.23 billion in sales 11 months after legalizing recreational marijuana. The Marijuana Excise Tax that the state-imposed contributed $92.9 million to community colleges and health departments, while $7.3 million will go toward an education sales tax. Biden wants to continually spend money while destroying any potential to generate revenue.

Collins, Romney and Murkowski All Affirm Their Vote to Support Supreme Court Nomination of Ketanji Brown-Jackson


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

I have not written much about the confirmation hearings and pantomime for Ketanji Brown-Jackson to take a Supreme Court seat because, well, the entire plan for her installation was obvious from before Joe Biden took office.   If you want to review the map READ THIS from January 6, 2021.

Once you know how to spot the strings on the DC marionettes, the puppet show becomes predictable.  KBJ was always going to be on the supreme court if Joe Biden was installed as president.

However, that said, in absolute affirmation of their UniParty ideology, the usual suspects have once again shown up to display their positions:

WASHINGTON DC – In a 53-47 vote, the Senate voted to advance Jackson’s nomination out of committee, with Sens. Susan Collins (R-Maine), Lisa Murkowski (R-Alaska) and Mitt Romney (R-Utah) joining all 50 members of the Democratic caucus in supporting Biden’s high court pick. All three of those senators have now said they will support Jackson’s confirmation to the high court. (link)

{BACKGROUND Story HERE – January 6, 2021}

Garland was made AG because he was on the DC Circuit Court.  Pulling Garland into the AG slot removed the block he represented.

It was always about getting the path for KBJ cleared.

KBJ will deliver rulings identical to those – as if Barack Obama was on the SCOTUS.

Lisa Monaco was appointed and confirmed Deputy AG as an insurance policy for the DOJ intent.

Ketanji Brown Jackson is Neither a Biologist nor Fit for the Supreme Court


Armstrong Economics Blog/Ethics Re-Posted Mar 29, 2022 by Martin Armstrong

Supreme Court nominee Judge Ketanji Brown Jackson is a pedophile sympathizer who wants to dismantle the ideologies that founded America. Biden’s only qualifications for his next Supreme Court nominee were that they were 1) black, 2) a woman, and 3) a pedophile sympathizer (i.e., Hunter’s laptop filled with alleged images).

The media must stop praising Jackson for potentially becoming the first African-American woman on the Supreme Court as she does not acknowledge that biological women exist. Senator Marsha Blackburn, R-Tenn., asked Jackson, “Can you provide a definition for the word ‘woman?’” Jackson responded, “Can I provide a definition? No, I can’t,” the judge said, adding, “Not in this context, I’m not a biologist.”

How can she decipher the Constitution if she is unwilling to admit that women are biologically different from men? Former President Trump asked the same at a recent rally, adding, “a party that’s unwilling to admit that men and women are biologically different in defiance of all scientific and human history is a party that should not be anywhere near the levers of power in the United States.”

I suppose anyone disagreeing with her appointment can only be called a racist and not sexist as gender does not exist in woke America. Even then, the NAACP does not fully back Jackson. Jackson is also unable to determine the age of consent and has a long history of providing extremely lenient penalties for pedophiles.

“I say to them there is only a market for this kind of material because there are ‘lookers, that they are contributing to child sex abuse,” Jackson said. This is important to remember as Hunter Biden’s laptop is allegedly filled with disturbing images of child abuse. Senator Ted Cruz asked why she provided light sentences “100 percent of the time.”

Senate Judiciary Committee chairman Sen. Dick Durbin continued to interrupt anyone questioning Jackson, and we know that when the truth is censored, deep secrets are waiting to be unveiled. This is outrageous that someone is put up for the Supreme Court solely because they are a black woman. A simple review of the voting record of even Chief Justice Roberts reveals that he wrote the decision to support Obamacare, yet he was appointed by a Republican.

Who appoints these justices has no track record as to how they will vote. Justice Thomas is black, but he is one of the more conservative justices. Most of this is always theater for politicians. But when you put someone up who is simply filling a slot and is not qualified, this brings total insanity to the rule of law which underpins everything.

Why Can’t We All Just Get Along?


Armstrong Economics Blog/Russia Re-Posted Mar 25, 2022 by Martin Armstrong

COMMENT: Dear Martin,
I am a frequent follower of your blog. I read your article tonight “ Putin puts Bidens King check mate”
Being an economist myself with 30 years of experience I completely agree with your proposals of a two tier Ruble. I would fine tune it even further by backing the international ruble up with oil/gas and the domestic with Gold as you said!

This would be a genius move in my opinion. Thank you for your work and keep up the very insightful Job you are doing! I personally appreciate it a lot- quite frankly I only read …. & You 🙂 Everything else is pure “ Mass psychosis influenser propaganda” backing a Political agenda. Good luck in sending the right advise to Russia! Not because I lőve Russia being a Hungarian but because supplying Russia with Smart financial and economic advise will bring restoration of peace ASAP which is the interest of the whole world!

Kind Regards,

Viktor

REPLY: Thank you. That is a good idea for we are dealing with the catastrophic collapse of the monetary system of the world. I do not think this will end well. It is ironic, but I try to defeat my own computer. I have never won yet. In the words of Rodney King – Why can’t we just all get along?

Mike Lindell Drops 88-Page Forensic Report Showing Conclusive Evidence of Manipulated Voter Files From Mesa, Colorado


Posted originally on the conservative tree house on March 22, 2022 | Sundance

For several months, Mike Lindell has been championing a forensic review of voter files from Mesa County, Colorado.  In a series of forensic reports looking into Colorado’s use of Dominion vote tabulators, a data forensic team led by cyber-security expert Doug Gould have been reviewing electronic files from the 2020 election. {Direct Rumble Link}

According to Mike Lindell, Doug Gould and the team of forensic analysts who just completed the work, have conclusive evidence that files were manipulated and deleted during a May 2021, software update driven by the system vendor, Dominion.  Mesa County Clerk Tina Peters made a copy of the election files before and after the Dominion vendor installed software.  A forensic review of those files shows a difference in the actual voting tabulation.

The Files and PDF of the raw material are AVAILABLE HERE.

Mike Lindell notes he is filing injunctions immediately against seven states to stop them from using these electronic systems in the 2022 election, and later more injunctions will be filed in other states.  The evidence to support those injunctions is included in the 88-page report.

I hope Lindell is successful, because part of the motivation for Joe Biden to continue extending the national state of emergency over COVID, appears to be the ongoing effort to use expanded mail-in ballots in the 2022 election.

Germany to Begin Confiscating Guns


Armstrong Economics Blog/Politics Re-Posted Mar 18, 2022 by Martin Armstrong

Germany is repeating its past mistake from 1938 when Hitler authorized the Gun Control Act that banned “enemies of the state,” such as liberals and Jews, from owning firearms. A few weeks later Kristallnacht (night of broken glass) occurred and the people were unable to defend themselves. As we know, it was only a downhill battle from there where the German people were utterly helpless against the Third Reich.

At a time when the world is praising Zelensky for arming citizens and praising the people for protecting their country, the rest of the Western world continues to condemn private gun ownership. Germany will begin disarming 1,500 people who they suspect (not confirmed) are extremists. Germany already has strict requirements for citizens to obtain firearms, but this measure could ensure that people with dissenting opinions are unable to defend themselves.

Trudeau, Putin, Biden, and most world leaders have recently decried citizens as far-right Nazi extremists without valid proof. Anyone could be declared an extremist if they disobey. Germany is taking it to a new extreme by potentially categorizing the entire Alternative for Germany Party (AfG) as dangerous extremists. This group has been vehemently opposed to COVID restrictions as well.

This will begin the trend of allowing governments to disarm people based on their political beliefs. They only want citizens to have guns when they are used to promote the government’s agenda. Any dissenters will be labeled dangerous extremists who post a threat to national security. This exact event has happened numerous times throughout history and resulted in the government murdering millions (e.g., The USSR in 1929 and China in 1935).

Unreal, Jussie Smollett Released from Jail During His Appeal


Posted originally on the conservative tree house on March 16, 2022 | Sundance 

We have two tiers of justice, one for the entitled class and one for everyone else.  They don’t even try to hide it.

(Chicago, AP) — Jussie Smollett was released from jail Wednesday following six nights behind bars after an appeals court agreed with his lawyers that he should be free pending the appeal of his conviction for lying to police about a racist and homophobic attack.

The former “Empire” actor walked out of the Cook County Jail surrounded by security. He did not comment as he got into an awaiting SUV, but his attorneys said Smollett, who is Black and gay, was the target of a racist justice system and people playing politics.

The appeals court ruling came after a Cook County judge sentenced Smollett last week to immediately begin serving 150 days in jail for his conviction on five felony counts of disorderly conduct for lying to police. (read more)

World Bank Warns Against Hoarding and Russia Turns to the Yuan


Armstrong Economics Blog/Capital Flow Re-Posted Mar 16, 2022 by Martin Armstrong

There will be a run on gas and food, the World Bank inadvertently reported. World Bank President David Malpass is warning people not to hoard essentials amid runaway inflation and monetary policies that continue to worsen every variable of the situation. Malpass simply said he expects nations to begin or continue resourcing energy and food/food supplies outside of Russia. “The right thing to do in these current circumstances is not to go out and buy extra flour or extra gasoline, it’s to recognize that the world is a dynamic global economy and will respond. There’ll be enough to go around,” he warned.

As our models predicted, China will soon become the financial capital of the world. The yuan accounted for 13.1% of Russia’s central bank’s foreign currency as of June 2021, compared to only 0.1% during the same month of 2017. China remains Russia’s top gas export, ahead of even the EU, with China purchasing $79.3 billion in 2021 (56% solely from energy exports). Russia is now using the yuan as its foreign reserve currency. China is not confiscating assets from Russian civilians under the infuriating theory of conspiracy.

The situation for many will only deteriorate from here. I wish I could provide a more optimistic forecast, but I must go off what the models state rather than my own hopes or opinions. Again, the World Bank is now acknowledging that food and energy will become scarce.

AOC – Today’s Marie Antoinette


Armstrong Economics Blog/Politics Re-Posted Mar 13, 2022 by Martin Armstrong

more

The Decline & Fall of the Global Economy


Armstrong Economics Blog/Economics Re- Posted Mar 13, 2022 by Martin Armstrong

There are a host of Republicans writing to Biden that he should send planes to Ukraine. These people in Washington are always quick to spill the blood of other people’s children – not their own. I find it appalling that you do not hear a single world that Zelensky should compromise on anything. His refusal to let the two provinces be independent which was promised them in the Mink Agreement back in 2014 is unnecessarily putting his entire country at risk for some antiquated theory of imperialism. It was the USSR that drew the borders of Ukraine. It was not an independent country in itself until modern times.

Instead, Zelensky is trying to drag the entire world into World War III, and make no mistake about it, do that and you will find that China is partners with Russia. There is no doubt that Russia should go ahead and nationalize all the foreign companies that left Russia over this Ukraine issue. Even Warren Buffet started dumping Apple stock. Never in all my career have I watched corporations make such stupid decisions. There is no such thing as “temporarily” closing businesses. Biden has destroyed the world economy with sanctions and confiscated the assets of private Russians. There will be no return because there is no way that Russia can now yield to the demand of the West. So they will never return and the assets left behind might as well be nationalized for the world economy as we have known it has been destroyed.

Once Biden removed Russia from SWIFT, which refused to do so when asked by Obama during 2014 and Crimea, that was the first blow to the world economy. SWIFT has undermined the entire world showing that it is no longer about supporting global interaction, but it is just now a political tool. China now has no choice but to move ahead on its own replacement. Hence, that was the first blow to ending the global economy. The second was Biden confiscating the personal assets of Russians rather than keeping this between governments. This has created a Waterfall Crisis whereas the global economy as we once knew it has come to an end. You cannot do business with the United States for they can invade a country, never be sanctioned, but if anyone else does what they do it becomes war. Whoever is making these sorts of decisions clearly has no sense of integrity, history, or international relations.

Biden will be remembered as the man that began the decline and fall of the American Empire.