Category U. S. Moral relativism

Apr 26 2022

Answering Your Questions


Armstrong Economics Blog/Q&A Re-Posted Apr 26, 2022 by Martin Armstrong

QUESTION: Mr. Armstrong. I am confused because you have stated many times that we are approaching the end of globalization, while at the same time saying the Great Reset, which is full globalization, is coming. Please explain. Thanks for your blog.

JS

ANSWER: Schwab’s Great Reset is the ATTEMPT to create a one-world government. Nonetheless, this will fail. These idiots actually thought that they could force regime change in both Russia and China and then they would open their arms and embrace this one-world government dream of Schwab.

The reality is that capital investing internationally is now at risk from both illegal assets seizures as the West has done to people who are just Russian as well as currency fluctuations due to geopolitical posturing. What the West has done to Russians has crossed the line. Now any other country that simply disagrees with a country can point to this precedent and seize all the assets of private citizens. On top of that, SWIFT abandoned its integrity and has shown the world it is simply a political tool. This has set China in full steam ahead mode to replace SWIFT thereby ENDING the Globalization of the world financial markets.

QUESTION: Marty, your forecast for the collapse of the British pound is looking more and more on target. I cannot believe that Johnson has sent special forces into Ukraine and even threatened to use nuclear weapons against Russia as a rogue state outside of NATO. Putin’s response that London will be the first to go in a nuclear war is actually understandable since Johnson has committed British special forces to war in Ukraine. What’s the timing on the fate of the UK?

SG

ANSWER: Nothing indicates that London will be nuked in the near term. Johnson has totally lost his mind. Russia would now be completely justified in assuming Britain has just declared war on Russia and as such seize all British assets in Russia. The failure of the FTSE to exceed the 2018 high warns that the decline is in motion but the low may not be until 2032. There is clearly a rise in volatility and a Directional Change next year. As far as the pound is concerned, this year was a Directional change and it has broken last year’s low. A break of the par level opens the dollar to a collapse down to the mid 80 cent level. This most likely reflects the prospect of a European war.

QUESTION: Dear Martin,
as the disaster in Europe is unfolding I would like to ask what Socrates is predicting for Switzerland and the Swiss Franc.
Could Switzerland be a place to hide? And could the Swiss Franc serve as a hedge against the fall of the Euro?
Could you please share your insights with us? We the normal people in Germany are really desperate for help! And time is running out!
Best
LL

ANSWER: Here is a chart of the Swiss franc long-term. The dollar is pushing higher and it will rise to test the 12300 level. Exceed that area will also war which is confirming we are looking at a European war. The Swiss will NOT be the hedge it once was. The New York Times just reported: “Switzerland, a favorite destination for Russian oligarchs and their money, announced on Monday that it would freeze Russian financial assets in the country, setting aside a deeply rooted tradition of neutrality to join the European Union and a growing number of nations seeking to penalize Russia for the invasion of Ukraine.”

It is just amazing to me that no matter what country we look at, we have the absolute most braindead leaders ever to claim office in human history. I know people hate the dollar, but we will see the dollar RISE initially in this confrontation. Eventually, the collapse in world currencies and the rise in the dollar will be the catalyst to seize all capital and force it into a digital currency.

When we look at the currencies around the globe, they are all confirming that war lies on the horizon. I hate this forecast, but this is not my personal opinion. This is when we need Will Smith to bitch-slap all the leaders. Honestly, there is not a single one who is competent. They are all just carrying out the advice of those behind the curtain who simply want war.

QUESTION: Marty,

Have you by chance retrospectively looked back at all the currency changes that have been made concerning the acceptance of other currencies in place of the dollar from the ECM turning point? All the deals that have been cut……

If I am not mistaken there are quite a few significant changes that have been made in the past month+ to circumvent the dollar’s hegemony in global trade….and If my memory serves, there was a BIG event that day or 1 day before or after that started the ball rolling

Can you by chance put together a list? It would be very helpful to see it in date order in black and white.

I think this was the MAJOR TURNING POINT that Socrates picked up…and will become more noticeable with each passing month

RW

ANSWER: There was a major shift in the trend for the dollar despite the fact that people thought it would crash based on shifts in trade to the Yuan. When we look at most, we see this shift in trend took place the week of the ECM turning point of March 14th. The Euro bounced and that was the highest weekly closing because it turned back down.

When we turn to the Yuan, despite the rhetoric, the dollar has risen even with the deals surrounding the yuan being priced in oil and some central banks adding it to their reserves. One would expect the dollar to decline, not rally. However, the markets are showing something else ios at foot.

Now if you really want your mind twisted, here is the chart of the Russian Ruble. The week of March 14th saw a reversal in trend, but it was not the crash of the Ruble, but the dollar.

All the markets we look at are lining up for what appears to be a war on the horizon. Look at gold. Here too we see the week of March 14th marked the shift in trend to the downside.

The markets are defying those who keep preaching the dollars down. It seems no matter what they say, they just end up being wrong again. The only possible way to see the trend is through the global eyes of Socrates without personal biases and assumed economic relationships.

Apr 26 2022

Elon Musk Successful Deal to Purchase Twitter for $44 Billion Likely to be Announced After Stock Market Close at 4pm Today


Posted originally on the conservative tree house on April 25, 2022

According to multiple media sources Twitter has reached a deal with the representatives of Elon Musk for the tech billionaire to purchase the social media company.  According to the Wall Street Journal, over the weekend the outlines of the deal were agreed and last night the final assembly of the purchase came together.

Keep in mind that Twitter is slated to report first-quarter earnings this Thursday, and originally the board was going to wait until after that earnings announcement to respond to the bid.

Something changed.

My suspicion is the financials of the Q1 earnings report will not support the $54.20 high end evaluation offer originally proposed by Musk.

If the low Q1 earnings rumors are accurate; and if Twitter had declined or fought the offer; the board would have been in the position of declining a deal that was substantially higher than the company market value, a tenuous position legally.   Thus, a deal was made.

(Wall Street Journal, update) – “Twitter is in advanced discussions to sell itself to Elon Musk and could finalize a deal Monday, people familiar with the matter said, days after the billionaire unveiled his $43 billion bid for the company.

The two sides worked through the night to hash out a deal that would be valued at $54.20 a share, or $44 billion, the people said. Assuming there isn’t a last-minute snag, the deal is expected to be announced after the market closes Monday, if not sooner.

It’s not clear why the total value of the deal has increased slightly from prior expectations, but it could be related to an updated share count.” (link)

Elon Musk responded to the rumors of the finalized deal with a tweet earlier this afternoon: “I hope that even my worst critics remain on Twitter, because that is what free speech means.”

Meanwhile, the professional political leftists who use the platform are having a complete mental breakdown.  Thousands of them are promising to leave Twitter and find a safe place if the deal goes through.

As CTH has continued to evaluate this entire scenario, the internal tech architecture is the aspect that is the most interesting.   As this develops there is a great deal of interest into not just the controlled speech system that Twitter background operators have assembled, but also what underlying tech systems on the platform are connected to the public-private partnership.

We know there is a connection between the U.S. government and Twitter….  the question is, how is all of that being operated?

Apr 20 2022

Bill Gates: Math is Racist


Armstrong Economics Blog/Politically Correct Re-Posted Apr 20, 2022 by Martin Armstrong

You may have heard the insane notion that math is fundamentally racist. Equitable Math, a group aiming to make numbers less prejudiced, has noted that its largest founder is none other than the Bill and Melinda Gates Foundation. The Gates Foundation also funded the initiative “Dismantling Racism in Mathematics Instruction” by the Education Trust-West, which has merged critical race theory with mathematics. “A Pathway to Equitable Mathematics Instruction” has been distributed to schools across America with the aim of “dismantling racism in mathematical instruction.”

How is math racist? One of the workbooks funded by Gates explains: “The concept of mathematics being purely objective is unequivocally false. Upholding the idea that there are always right and wrong answers perpetuates ‘objectivity’.”

The theory that minorities cannot understand mathematics is inherently racist, and the people promoting its use are mainly white liberals with hidden superiority complexes. Equitable Math notes on their website: “Students can arrive at the right answer without understanding the bigger concept; or they can have an “aha” moment when they see why they got an answer wrong.” Is this a deliberate attempt to dumb down American students? It is no secret that the West lags behind the East when it comes to mathematics. Perhaps this absurdity will be yet another reason that the East will dethrone the West as the financial capital of the world.

Apr 13 2022

Judge Declines Jail for Two Men Who Impersonated DC Federal Agents


Posted originally on the conservative tree house on April 13, 2022 | Sundance

U.S. Magistrate Judge Michael Harvey (Obama appointee in 2015) declined to hold the two men in jail who are accused of impersonating federal agents in Washington DC. “There’s been no showing that national security information has been compromised,” Harvey said in his decision.

If the DOJ does not appeal the decision, both men, Arian Taherzadeh, (40) and Haider Ali (35), who are also in the United States with expired visas, will be allowed bond.

(Reuters) – […] Harvey ordered both men to remain in home confinement, subject to GPS monitoring, with their parents and that they surrender their passports and stay away from airports and embassies.

[…] The judge said prosecutors did not prove the defendants tried to infiltrate the Secret Service with nefarious purposes, and noted they were so “spectacularly outed” that there is no risk anymore that they can continue to pose as agents.

Harvey said neither defendant is charged with a violent crime and neither one faces a stiff prison term if convicted – all elements that work against the prosecution’s claims they pose a danger to the community. Harvey added there have been “significantly worse and more dangerous impersonation cases” before the court in the past.  (read more)

It was also recently revealed the Secret Service tipped-off the two imposters right before they were about to get arrested.

Apr 13 2022

Suspect Identified in NYC Mass Shooting, Manhunt Underway for 62-Year-Old Frank R James


Posted originally on the conservative tree house on April 12, 2022 | Sundance

Police have identified suspect Frank R James (62) as the man who opened fire on a Brooklyn subway train during the early morning rush Tuesday, injuring at least 29 people. According to authorities, ten people were shot when James set off a smoke grenade and opened fire in a subway car.

New York – A 62-year-old man who made bizarre threatening rants on YouTube has been identified as a person of interest in the savage Brooklyn subway attack that injured at least 29 people Tuesday morning, officials said.

Frank James — who warned last month that he was “entering the danger zone” — rented a U-Haul van tied to the N train attack in Sunset Park and is being sought for questioning, police said at an evening briefing.

“Mr. Mayor, I’m a victim of your mental health program,” James said in one lengthy video.

“I’m 63 now full of hate, full of anger, and full of bitterness.” James said he had a diagnosed mental illness and railed against what he called the “horror show” of the city’s mental health services. “What’s going on in that place is violence,” he said about a facility he claimed to receive care from. (read more)

During an evening press briefing (video below), NYPD Commissioner Keechant Sewell said among the items recovered by cops at the scene were a 9 mm handgun, a hatchet, gasoline and “consumer-grade fireworks.”

https://youtube.com/watch?v=3kBgQ14Rib0%3Ffeature%3Doembed
Apr 13 2022

New York Lt Governor Arrested on Bribery and Corruption Charges, Resigns Immediately


Posted originally on the conservative tree house on April 12, 2022 | Sundance

New York Lieutenant Governor Brian Benjamin (below right) was indicted on bribery, wire fraud, and falsification of records charges.  He turned himself in for arrest and resigned within hours.

NEW YORK – New York Governor Kathy Hochul’s second-in-command pleaded not guilty to bribery charges Tuesday after being indicted for allegedly funneling illicit donations to one of his past campaigns. Benjamin entered the plea in federal court in Manhattan before being released on a $250,000 bond. He surrendered to authorities early in the morning as the indictment was unsealed, the U.S. attorney’s office said.

“While the legal process plays out, it is clear to both of us that he cannot continue to serve as Lieutenant Governor,” Hochul said in an emailed statement. (link)

According to the Washington Post Benjamin was seeking political donations and public matching funds when he enlisted the help of a real estate developer to raise money and disguise its source. In exchange, Benjamin used his official authority to try to steer $50,000 to a charitable organization the developer controlled.  A typical quid-pro-quo.

Apr 11 2022

California Republicans Aim to Make Theft Illegal


Armstrong Economics Blog/Crime Re-Posted Apr 11, 2022 by Martin Armstrong

In 2014, California basically decriminalized theft by permitting shoplifters to take what they please, as long as it was under $950. Prop 47, the Safe Neighborhoods and Schools Act, emboldened criminals to do as they please with no repercussions as they cannot be prosecuted for a felony charge. California does not aggregate robberies, so a criminal could target a store multiple times per week with limited repercussions as long as each robbery yielded under $950.

Republican lawmakers have introduced AB 1599 which would repeal most of Prop 47 and “make crime illegal again.” Republican Assembly member Kevin Kiley, an author of AB 1599, said, “[Prop 47] has essentially legalized theft and open drug use in California, culminating in these unbelievable smash-and-grab robberies.”

Smash and grab robberies have become an organized crime by low-level criminals. “You have people that will go into department stores and they’ll actually have a calculator on them,” Kiley said. “They’ll add up the value of what they’re stealing because they know as long as it’s under $950, they might as well wave at the security camera on the way out. They know there’s going to be no consequence for that.”

Rachel Michelin, president and CEO of California Retailers Association (CRA), noted that San Francisco and Oakland alone have lost $3.6 billion annually to organized retail crime. The National Retail Federation places estimates losses from organized crime at around 0.07% of total sales and believes the CRA is overestimating. Regardless, this is a preventable loss. Governor Gavin Newsom would need to approve of the measure, but has been consistent on his light on crime stance. Newsom has ignored pleas to crackdown on shoplifting, and simply told struggling store owners to use other existing laws to prosecute thieves. Independent store owners would be wise to leave California as the laws in place only protect criminals who have abused Prop 47.

https://rumble.com/embed/vnp63v/?pub=4#?secret=sLQCOyYCnh

Apr 11 2022

Black Lives Matter Leaders Spend Charitable Donations on Lavish Lifestyles


Armstrong Economics Blog/Corruption Re-Posted Apr 11, 2022 by Martin Armstrong

Black Lives Matter (BLM) has become a money-laundering operation. The problematic organization used a catchy slogan to spread hate while the people in charge became millionaires. It recently came to light that the group purchased a mansion in Los Angeles for $6 million in October 2020 with charitable donations. Dyane Pascall, a BLM member with close ties to co-founder Patrisse Cullors, purchased the mansion in cash before transferring the deed to the Black Lives Matter Global Network Foundation days later.

Pascall simply stated, “I don’t owe you an explanation,” when questioned about the illegal transaction. “This home is not just a home — it’s, like, four structures,” Pascall told the Washington Examiner. “It’s a film studio, sound stage, commercial space, office space. It’s a campus. It’s got 20 parking spaces so people can come and work. It’s not a home per se. It’s an actual campus space for people to work from.” The 6,500 square foot mansion boasts six bedrooms and room for over 20 cars. Is that not a red flag?

Worsening matters, some news agencies are reporting that Dyane Pascall purchased the nearly $6 million mansion days after another BLM member purchased it for nearly half the price. This is not the only mansion that the organization owns under the tax-exempt status that was provided to them in December of 2020. Interesting that self-proclaimed Socialists would be interested in high-end luxury real estate. But as with all Socialists, the problem becomes when they run out of other people’s money.

BLM has become untouchable because people are afraid to be labeled racist. In reality, BLM has caused more harm than good for their own community. Since the left is desperate for voters, they have pandered to this organization and turned a blind eye to the blatant crime. BLM burned down shops and toppled police cars, yet there was never an investigation, and the protests were permitted to continue. The money that was supposed to help uplift those who they believe are systematically oppressed was instead used to make the founders multi-millionaires. California threatened to sue the organization for failing to report its finances, and Amazon removed the organization from its AmazonSmile charity program. The Department of Justice needs to investigate, and the donors should be outraged. Politicians such as Joe Biden and Justin Trudeau needed the BLM organization to create a racial divide and secure the minority vote instead of actually implementing policies that would help their cause.

Apr 11 2022

Sunday Talks, Fauci Warns of Potential Return of Indoor Mask Mandate


Posted originally on the conservative tree house on April 10, 2022

Appearing on ABC’s This Week to give his opinion on the current status of COVID-19, White House medical advisor Anthony Fauci warns the CDC may soon revert back to an indoor mask mandate.  This is additionally troublesome, because many people now define themselves by COVID-19.

There are many people who can only identify with other like-minded people fearful of COVID.  WATCH:

https://youtube.com/watch?v=-e4wlFyx3cc%3Ffeature%3Doembed

There are a significant portion of the American public who worship at the altar of COVID theatrics.  For them getting booster shots, following the CDC orders and participating in the mask theatrics is a profoundly religious experience that defines who they are in the modern world of pandemic fear.

Observing the behaviors of mask promoters, is almost like watching a livestream of unstable political expression.  It truly is one of the most bizarre new realities. Many of the Branch Covidians become mentally and emotionally unstable when they experience contact with a non-mask-wearing person.

Even after all of the ‘scientific evidence’ that shows masks provide no substantive benefit or lowering of infection risk, there are a great many people who cannot fathom not wearing one for the remainder of their lives.  The psychological training from two years of massively promoted COVID fear and the drumbeat of worry, has left a large portion of the American people in a permanent state of profound instability.

It is unnerving to realize how many people can be influenced to believe in something that lacks any logic or reason.  I’m not sure how long, if ever, this tear in the social fabric will last or take to repair.  Many of these COVID consequences have divided people permanently.  The full interview is below.

https://youtube.com/watch?v=W6W3pk705P4%3Ffeature%3Doembed

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Apr 11 2022

Latest CBS Poll Reflects No Hope for Anyone, Including Joe Biden and Democrats


Posted originally on the conservative tree house on April 10, 2022 | sundance

CBS has released their latest YouGov Poll [DATA HERE], again showing the top priorities of the American people are not even on the radar of the American government.  The DC beltway disconnect is stark.

Interestingly, the recent survey of Pennsylvania voters done by Reuters, turned up this almost identical priority list, only Rusia/Ukraine did not even appear in the top five.  The economy, inflation, gas prices, crime and immigration are the top five issues across the board, in almost every poll.

Russia/Ukraine is a non-existent issue. Yet, that is the actionable priority -with questionable importance for U.S. security interests- for a totally out of touch government and media to focus on.  Sending $14 billion to help Ukraine’s border fight, while our borders are crushed with illegal aliens, is a sharp stick in the eye for every American.

Unfortunately, our opinion doesn’t matter, and frustratingly, the people using Biden as a tool to achieve their goals do not have any concern whatsoever about political fallout.  Biden is a disposable tool for a program of rapid single-term advancement of the democrat-communist agenda.

Under ordinary circumstances, this level of disapproval would automatically create panic and start a change in policy.  However, under their current program, a kamikaze mission to create maximum ‘fundamental change’, the people creating the policy outcomes simply don’t care.  Biden is a disposable tool to be thrown on the trash heap of history.

Joe Biden is clueless and entirely irrelevant to the objective.  He sits around eating pudding and muttering to himself until called upon to head to the stage set, and literally read what has been written for him.  Biden has no clue, other than, (a) he is in complete agreement with the goals, and (b) it takes a lot of pancakes to fill a canoe.  I swear, the puppet masters keep putting little girls in his orbit during public appearances just to laugh about it.

These people are sick.

(CBS) Higher prices are leading people to say they’re making cutbacks, especially on more discretionary items like entertainment and travel. (That may, of course, have a wider impact on the economy later.) About half are cutting back on food and groceries, and this is especially the case among those with lower incomes. (read more)

Ya think?