Corporations Losing Their Minds


Armstrong Economics Blog/Politics Re-Posted May 28, 2023 by Martin Armstrong

There has been a huge backlash against Target just like Budweiser. Both boards of directors should be fired and barred from ever serving on any board or any corporation – EVER! They are engaging in indoctrination that supports changing the gender of children without parental consent. If you cannot consent to sex no matter what under the law before 18, then how can a child consent to a sex change before 18 openly denying any notification to parents?

This has gone way too far. This is no longer about equality and inclusionism. This is indoctrination and it will be remembered by historians as a critical factor for the collapse of Western society. I will NEVER buy a Budweiser product again nor anything from Target. Corporations are here to serve EVERYONE, and if they stood up and said will only vote for a Democrat or a Republican, they have entered the realm of politics. That is what is taking place here. ANY company engaging in indoctrination OF ANY KIND should be boycotted. Look at SVB. Their risk management was selected to check boxes for WOKEISM – not qualification.

Going to school and seeking degrees is no longer even important. If you do not check a box, you will not be hired in the big corporate world anymore. The WhiteHouse is bragging about being WOKE and look at the result. Qualification is now secondary.

Girls are being discriminated against in sports. Family values and traditions are to be overthrown. Those who identify as Transgender in only about .5% of the population. This whole movement is being pushed to also reduce the population. Mothers are now birthing people and women are no longer identifiable. As I have said, Thailand is the capital of Transgender surgery.  They even have their own theatre with “Ladyboys” performing and tourists go to watch. The difference is that they are openly accepted and call themselves “Ladyboy” and do not see to demand everyone else call them a woman. They are NOT confrontational and they are NOT engaging in indoctrination.

We must look behind this movement as to its real purpose and who is funding this agenda for other objectives.

US City to Roll Out Guaranteed Basic Income


Armstrong Economics Blog/USA Current Events Re-Posted May 10, 2023 by Martin Armstrong

The “Rise Up Cambridge: Cash Payments for Families with Kids” will provide low-income households with a monthly check for $500 to test guaranteed basic income. Those eligible are families with children who earn under 250% of the federal poverty level ($75K for a family of four). The 18-month program will not be based on a lottery like other guaranteed basic income rollouts, and anyone eligible may apply. The city has allotted $22 million for the initiative and expects around 2,000 families to apply.

The money to fund the program will primarily come from the American Rescue Plan, distributing our Federal tax dollars to others, and some independent donors will pitch in too. This program is only eligible for people with children under 21 and will not make a noticeable dent in the homeless population, nor will it help the elderly who live alone. That said, families with children already receive the most in Federal funds and if they’re living in high-cost Cambridge, chances are they’re receiving income elsewhere. The cost of living in Cambridge is 73% higher than the national average. The median rental price is around $4,277 per month, and the median home price is over $1.4 million.

“We want to stabilize as many households as possible and make sure that they have a chance to continue to stay in our city that, you know, is not easy to stay in,” Cambridge Mayor Sumbul Siddiqui stated. A $500 payment in a high-cost city will never financially stabilize families. Instead, it will increase inflation and bypasses the middle class. Unlike traditional welfare programs, those eligible will receive direct deposit payments that they may spend as they see fit.

The American Rescue plan was not marketed as a guaranteed basic income initiative. Siddiqui is buying votes with Federal funds. The city is pricing out the middle class by providing handouts to those who cannot afford to live in an expensive city. Free money becomes like a drug and the people become hooked on receiving that monthly direct deposit. But, as with all drug, they will become dependent and will need more and more as the cost of living increases. This will only incentivize people to not work and vote for politicians who promise handouts at the expense of responsible taxpayers.

Would You Welcome a Refugee into Your Home? 


Armstrong Economics Blog/Immigration Re-Posted Apr 4, 2023 by Martin Armstrong

The refugee crisis has become a problem across the European Union. According to the UN Refugee Agency, over 72,000 people applied for asylum in the UK alone, which is double the number of applicants from 2019. However, these are simply the documented cases. Germany received the highest number of applicants among the EU at 127,730, followed by France at 96,510. In fact, Germany, France, Italy, and Spain took in 70% of all first-time applicants in the European Union. Using the UK as an example, refugees are not permitted to work and fully rely on state support. So how does a nation financially support a mass influx of refugees?

The UK provides asylum seekers with free housing and £40.85 per person, per week. That is barely enough to survive, especially with the current rate of inflation, but these people cannot legally work. They often do not speak the language and have trouble assimilating into a vastly different culture. The government is relying on taxpaying citizens to foot the bill, and some recognize that the UK simply does not have the resources to provide welfare to hundreds of thousands of incoming refugees each year.

Social justice warriors are up in arms about this situation. They believe that nations should simply open their borders and everyone can live in a land of rainbows and sunshine with unlimited resources. The video above is a great example of how these social justice warriors are promoting an agenda that they simply do not understand.

Not one protestor questioned in this video agreed to house a refugee. “Are you willing to adopt a refugee and take them into your home?” the reporter asked. Excuses range from not having the space to living in a rental. At one point, he tells a protester, “Oh, right, that’s someone else’s problem.” These people are clueless and do not understand the economic repercussions of open borders.

LT. GOV. SAYS “BELIEVE ALL TRANS KIDS”: ELON MUSK DESTROYS HER W/ LOGIC | ROUNDTABLE | RUBIN REPOR..


channel image

Rubin Report By Dave Rubin of “The Rubin Report” talks to Peter Lloyd and Savanah Hernandez about Lieutenant Governor of Minnesota Peggy Flanagan doubling down on protecting gender reassignment surgery for transgender kids and Elon Musk’s reaction.

Oh SH*T, HERE WE GO… Pfizer BETTER BUCKLE UP


Redacted News Posted originally on Rumble on: Feb 1, 4:00 pm EST

The truth always come out!

Gold v Digital Fiat & Marxism


Armstrong Economics Blog/Gold Re-Posted Feb 2, 2023 by Martin Armstrong

QUESTION: Hi AE…so gov’t “money” (fiat currency) will become just some abstract floating measurement of value, an electronic entry in an electronic account in the cybersphere. As these various so-called gov’ts become less reliable, even between themselves, do you see the possibility of them simply skipping their phony currencies, & trading directly in gold. Russia could ship a specific quantity of crude to China, for a specific amount of gold bars. Your argument about the impracticality of a gold-backed currency makes sense, but what about large transactions being settled in gold?

HS

ANSWER: The entire problem that people do not grasp with regard to any return to a gold standard is that if the money supply is FIXED in any way, that necessitates the collapse of SOCIALISM. The two are directly linked. Politicians only know how to run with deficits. Vote for me and I will give you this or that!

The Bretton Woods gold standard collapsed because they FIXED the price of gold at $35, but they continued to print money far beyond the supply of gold at that fixed price. In addition, you have a business cycle. There will be times when no matter what the money might be, there will be boom times when the value of money declines and the asset values rise.

This argument over gold v fiat is absolutely just nonsense. The wealth of any nation is the productive capacity of its people. For centuries, the business cycle has existed and that is the entire cause for the “inflation” in assets when money declines in value, and then the “deflation” in assets with the value of money rises. Arguing over what we use for money will NEVER stop the business cycle.

The cycle is also in part driven by all governments. It becomes a drug of power that is abused. It would not matter what we use for money right now, they want to create World War III so they can default, and escape from the abuse of this Marxism that they have turned into a system of borrowing every year with no intention of paying anything back. But we have reached the confrontation between Keynesianism where central banks are expected to prevent inflation by rising interest rates, but that has no impact on the government which has become the biggest borrower in the system.

We are going BUST not because of the money we use, but because of the abuse of power in government which has always existed since ancient times.

Trust me. Forget gold standards. They will never work because all governments act only in their own self-interest. You should have learned that with COVID. They will never admit any mistake EVER! It is far better to keep gold on our side of the table and we can then use it as a hedge against governments. They are seeking to move to digital currencies ONLY so they can track when you hired the 16-year-old girl next door to babysit for you so they can go after her for the government’s 50% share.

Even Bitcoin is fiat. There is no backing. People have dived headfirst into cryptocurrency on the entire proposition that they are limited. All they have done is proven my point. Money, historically, has been everything from seashells and cattle to bronze, silver, and gold. Of all the various forms of money, only bronze and cattle had any real commodity value based on utility.

The Egyptians really invented paper money for the farmers would deposit their grain and receive a receipt which was a bearer instrument used in trade. They also used raw metal, not coins, and traded based on weight, as it stated in the Bible. Here is a piece of pottery from Egypt recording a complaint about taxes written in Greek. It stated the sum amounted to a total of 90 talents of silver with 15 talents of tax on the transfer of land – 16.6%.

For thousands of years, Egypt had no coins until it was conquered by Alexander the Great, and upon his death, his general Ptolemy I (305/304 – 282 BC) took the throne and it was his Greek line from which Cleopatra VIII came – not Egyptian.

Our system is starting to implode. Never in the history of human civilization have governments demanded taxes on income requiring reporting every year. This was the gift of Karl Marx. Just as this Egyptian tax on the transfer of land, we see that property taxes and a form of sales tax were the norms.

The American Constitution was intended to give thenational government greater power to raise revenue because the previous Articles of Confederation had been a fiscal disaster. Nevertheless, most people remained fearful of taxation by governments. Indirect taxes were to be the way to secure our liberty from tyrannical governments. It was generally understood that indirect taxes meant taxes on consumption like a retail sales tax and/or excise taxes on imports. It was believed that indirect taxes did not lend themselves to abuse by tyrannical governments. Consequently, the general belief was that “direct taxes” has to be taken off the table. Incomes taxes, throwing out the window of all the wisdom of the ages, were imposed by the new age of Marxism in 1913.

Our computer warns that 2025 will be the turning point in Marxism.

Interest Rates & the Fed


Armstrong Economics Blog/Interest Rates Re-Posted Feb 2, 2023 by Martin Armstrong

The Federal Reserve raised the benchmark by 25 bps, as expected. The Fed fully understands that the manipulation of the CPI is a necessary aspect both for containing government benefits and understating inflation also results in high tax revenues. The market loves hope, and as a result, they focused on the warning that we’ll be in restrictive territory for just a bit longer. Most still believe that there will be a slowdown in inflation just ahead.

The Fed’s cautionary commentary saying that the “disinflation process” has started triggered shares to jump ending up 1%. This shows how insane the analysis had become that they cheer a recession and think that lower interest rates are bullish for the stock market. Obviously, they just listen to the talking heads on TV and have never bothered to look at reality. When interest rates decline, so has the stock market. Interest rates rose for the entire Trump Rally, and they crashed during the Great Recession of 2007-2009. For the life of me, I just shake my head when the talking heads cheer lower rates and spread doom and gloom with higher rates.

Sunday Talks, Harmeet Dhillon Discusses RNC Chair Outcome and Her View of Future


Posted originally on the CTH on January 29, 2023 | Sundance

There is something quite hypocritical about Harmeet Dhillon criticizing the RNC over not winning elections yet taking millions in legal fees from the RNC and never winning an election related case.

Harmeet is as successful a lawyer for the RNC as the private corporation is at winning elections; yet for some reason, people choose not to see it.

Harmeet Dhillon is successful at collecting legal fees from the RNC club, and the RNC club is successful at collecting donor contributions from Wall Street, Hedge fund managers, corporations and billionaires. No one in this process has been successful at collecting ballots, because the club priorities have always been on the money gathering operations, Dhillon’s disingenuous claims notwithstanding.

In this interview segment, Dhillon talks about losing her bid for the RNC chair position, while also talking about the need for structural reform to the way the RNC operates.  The fundamental change needed is accurately pointed out; however, you cannot change a system simply by retooling the same people who have been inside the system when the broken operations were created.  Ronna McDaniel and Harmeet Dhillon are cut from the same cloth.  WATCH:

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Project Veritas Catches Pfizer R&D Official Stating Company Mutating COVID Viruses to Proactively Create Vaccines


Posted originally on the conservative tree house on January 25, 2023 | Sundance 

Project Veritas goes undercover and finds another top-level Pfizer Research and Development executive admitting the company is mutating COVID viruses to create vaccines. Instead of calling it “gain of function” research, which is illegal, they are calling it “directed evolution.”  This is very disturbing.

[NEW YORK – Jan. 25, 2023] Project Veritas released a new video today exposing a Pfizer executive, Jordon Trishton Walker, who claims that his company is exploring a way to “mutate” COVID via “Directed Evolution” to preempt the development of future vaccines.

Walker says that Directed Evolution is different than Gain-of-Function, which is defined as “a mutation that confers new or enhanced activity on a protein.” In other words, it means that a virus such as COVID can become more potent depending on the mutation / scientific experiment performed on it. (read more)