Armstrong Economics Blog/Media Re-Posted Jan 9, 2022 by Martin Armstrong
A reader sent this image in and asked me to spot the differences. A few independent news sources remain in America, but they are not part of what we consider the “mainstream media.” So seek out the truth because what is presented to you will be an altered version of reality.
Bill Gates did not become one of the richest men in the world by investing in stocks. I am not recommending any of these particular stocks, but I do want to point out where Bill Gates’ interests lie. Notice how his foundation is invested in what many would consider COVID-sensitive equities such as Caterpillar and FedEx. Nearly half (45%) of his portfolio under his foundation is invested in his former buddy Warren Buffett’s company, Berkshire Hathaway. Warren Buffett subtly distanced himself from Bill Gates last year and resigned from the Bill and Melinda Gates Foundation after 15 years.
Before I share Bill’s portfolio, I must mention that Warren Buffett is now obligated to provide shares to the Gates Foundation. In June 2006, Buffett drafted the following letter:
"I greatly admire what the Bill & Melinda Gates Foundation (“BMG”) is accomplishing and want to materially expand its future capabilities. Accordingly, by this letter, I am irrevocably committing to make annual gifts of Berkshire Hathaway “B” shares throughout my lifetime for the benefit of BMG. The first year’s gift will permit an increase in BMG’s annual giving of about $1.5 billion. In the future, I expect the value of my annual gifts to trend higher in an irregular but eventually substantial manner.
Here are the mechanics: Ten million B shares will be earmarked by me for BMG contributions. (I currently own only A shares but will soon convert a number of these to B.) In July of every year, or such later date as you elect, 5% of the balance of the earmarked shares will be contributed either directly to BMG or to a charitable intermediary that will hold the earmarked shares for the benefit of BMG. To illustrate, in 2006, 500,000 shares will be contributed. In 2007, 475,000 shares (5% of the 9,500,000 remaining after the 2006 contribution) will be contributed and thereafter 5% fewer shares will be contributed each year.
There are three conditions to this lifetime pledge. First, at least one of you must remain alive and active in the policy-setting and administration of BMG. Second, BMG (or any intermediary) must continue to satisfy legal requirements qualifying my gifts as charitable and not subject to gift or other taxes. And, finally, the value of my annual gift must be fully additive to the spending of at least 5% of the Foundation’s net assets. I expect there to be a ramp-up period of two years during which this condition will not apply. But beginning in calendar 2009, BMG’s annual giving must be at least equal to the value of my previous year’s gift plus 5% of BMG’s net assets. If this amount is exceeded in any year, however, the excess can be carried forward and be offset against a shortfall in subsequent years. Similarly a shortfall in a given year can be made up in the following year."
Buffett followed the letter by stating that in the event of his death, he expects contributions to the foundation to continue. “I will soon write a new will that will provide for a continuance of this commitment,” he penned. Although Buffett resigned last year, he also gifted the foundation $3.2 billion. However, that is based on the formula presented in his letter above from 2006 as Berkshire shares have spiked. Buffett knows that he will receive a tax incentive for donating money to the foundation as it could not possibly spend it all. Buffett says he received 40 cents in tax benefits for every $1,000 donated, but tax experts seem to believe that is misleading. Since he is avoiding capital gains and estate taxes that could hover around 40%, some experts believe he is saving around $400 to $740 on every $1,000 he gives away.
Here is a list from 2021 of the foundation’s portfolio:
The British Heart Foundation recently released this deranged advertisement showing a young female football (soccer for the Americans) player collapsing on the field. The commercial begins with a very young boy dressing with a visible scar vertically down his chest. Sudden heart failure in children is not a normal occurrence — well, it wasn’t before this “safe and effective” vaccine became available. I have reported on numerous athletes, the pinnacle of physical health, simply dropping dead. The common denominator? They all received the vaccine! Instead of asking for donations, the British Heart Foundation should look into the link between heart inflammation and mRNA vaccines if they truly care about patients.
Comment: Dear Mr Armstrong, Not everybody agrees in Canada with this bribed psychopath/traitor !!!!
-B
Reply: Oh, I am aware that our neighbors to the north are in no way under the illusion that Trudeau’s tyranny will work in their favor, at least not the people who read this blog. Thank you for sharing the video posted above (shared over Rumble and not YouTube, as YouTube will certainly remove this content).
"You sold us out to globalism. You are not working for Canada! You are working for your globalist partners! I wonder how much they are paying you to betray Canada. What do we do to traitors in Canada, Mr. Trudeau? We used to hang -- hang them for treason. And you're doing that very same thing to us now. We know what you're doing."
Hats off to that woman for speaking her mind! This video was taken at a town hall meeting in January of 2019, and Trudeau’s popularity has only declined since then. An Ipsos poll in November indicated that over half the population (52%) disagreed with the Trudeau Administration. Of the 48% that approve of the Liberal government, only 8% “strongly approve,” while 40% “somewhat approve.” Among the 52% who disapprove, 25% “somewhat disapprove,” while 27% “strongly disapprove.” There are significantly more people who strongly oppose the Liberal government compared with those who strongly approve.
Even among those who approve of Trudeau, the majority said they were on the fence, leading me to believe that the people are beginning to realize his policies have been harmful to the people of Canada. As Trudeau attempts to grab more power, civil unrest will grow as no one wants to experience a third year of COVID tyranny. As that brave woman pointed out — WE KNOW WHAT YOU’RE DOING!
Posted originally on the conservative tree house on January 6, 2022 | Sundance | 271 Comments
Whoever said God doesn’t have a sense of humor did not foresee Glenn Beck broadcasting a President Trump interview at the same time that Texas Senator Ted Cruz is saying the January 6th protesters are “domestic terrorists who need to be jailed for a very long time.” LOL
President Trump granted Glenn Beck a lengthy interview on the anniversary of January 6. The best part of this interview is President Trump saying all this sh!t that Biden is doing can be fixed quickly. [He’s right] WATCH:
Posted originally on the conservative tree house on January 6, 2022 | Sundance | 270 Comments
I am often asked why the ‘system’ is so intensely focused on eliminating Donald Trump. Sure, the decades past have highlighted attacks against various politicians with the Alinsky purpose to isolate, ridicule and marginalize them; however, in the history of American politics, no individual has been targeted at the scale of Donald Trump. What makes this different?
I’ll answer that important question below this recent interview. WATCH:
The answer to the question of why the entire system of institutions and agencies need to eliminate Donald Trump is actually answered by first standing back and remembering where things were before Trump. The time when political subjects were not the all-consuming part of everyday discussion.
Before Donald Trump stepped into the political arena, the same institutions and agencies who attack him now were successfully able to manipulate public perceptions. It was all a grand pantomime, a ruse, a Potemkin village filled with jesters, distractions and carefully coordinated illusions of false choice.
When Donald Trump stepped into politics his platform was true, simple, pragmatic and pure. He never hid the objective; there was no attempt to pretend to be something or hold some opinion/outlook.
Trump’s platform boiled down to: This is what commonsense people want, I agree with them, and so here I am to give it to them. If you want these things, well, vote for me.
Immediately, literally in the first two weeks, the people who previously claimed to hold those same positions were exposed as part of a larger system of institutional fraud. The “conservatives” inside the previous ‘fallacy of false choice’ scheme quickly became the Never Trump movement. Hundreds of Republican politicians and pundits holding a UniParty agenda were exposed.
But the issue is actually bigger than that….
People forget, but Donald Trump was the last candidate to announce his entry into the 2016 presidential race. The very first poll in August 2015, after Donald Trump made his entry announcement (June ’15), showed Trump in first place. For the first time in modern history, a person who was totally outside the political system was the #1 candidate. That position never moved from 2015 all the way to the RNC convention and eventually to the November 2016 election.
The two private clubs who control American elections, the RNC and DNC, were triggered and apoplectic. Every politician who played the game and came out of the two club stables was also triggered. The multinational corporations and banks who purchase and control the club charters were also triggered. Their united assembly at Sea Island, Georgia, in March of 2016, was evidence of this collective apoplexy.
The intelligence agencies were triggered and went to work eliminating the threat, hence “Spygate“. Heck, foreign nations even joined the destroy Trump mission in 2016, and we saw China, the U.K., Australia, Canada and Europe overall do everything they could to support the destroy Trump movement.
The entire geopolitical system had one enemy, Donald J. Trump. However, almost no one at the time could grasp exactly what this meant. Now, with hindsight and the benefit of watching various world leaders weaponizing COVID rules, we can clearly see how those exact same voices and interests were attacking Trump.
But what is it about Donald Trump that makes these attacks so profound and over the top?
Why is Donald Trump considered a ‘threat”? And what exactly is he a threat to?
Donald Trump isn’t even in office, yet the exact same cast of characters have spent the entirety of their effort over the past year trying to destroy him.
Think about the scale of effort.
Why are they putting this much emphasis on destroying this one person?
When you step away from the noise of what has been created to seem ordinary, that question is quite profound.
I mean really…. what is it about this guy that makes things different?
The answer is really quite simple.
For the past 40+ years, we have been watching a prepared political script. A production done by people who George Carlin called “The Big Club“, and who other people have started to identify because of the COVID rules, deployments and control over the politicians.
The multinationals, globalists and one-world government people have constructed a Potemkin village in the world of politics.
Donald John Trump represents the one person who could walk up to it all, knock over the plywood and show it’s not a real place at all, it’s make-believe.
To mix metaphors, Trump is Toto, the little dog that might just pull back the curtain.
President Trump not only represents the American majority, but he also represents the people wearing yellow vests in France, the people marching in protest in Australia, and the crowds that gather every day in Europe to fight the COVID mandates.
Donald John Trump is the brilliant, imperfect, sometimes ordinarily common, average person; and he is simultaneously the existential threat to the global elite.
It is Trump’s genuine patriotism and pragmaticism that makes him relatable. He carries characteristics of being ordinary and yet extraordinary, and flawed, and a hot mess at times, and true, and brilliant, and annoying, and funny as heck, and also just plain likeable.
Often the brilliance he displays is just commonsense – and in a world where commonsense is a rare commodity, well, his gift of the ordinary becomes priceless, because he takes it to a place where it is most missing.
Donald Trump is also not a communist in a world where if you ask me if any well known person is a communist, I normally have to say ‘give me a few weeks and let me watch them before I will give an opinion‘…. which is usually a guess…. because we cannot be sure… because the communists have infiltrated every rank, in every institution… and they hide their ideology, because that is part of what makes communists dangerous.
As a consequence, to know -in ordinary terms- just matter of factly, that Donald Trump is not a communist is, sadly, quite rare.
The other issue for the control agents is the scale of Trump’s appeal. Black, white, Latino, Asian, gay, straight, male, female, other or any assembly of bits and pieces that people use to assume their tribal identity, it doesn’t matter. He’s genuinely the least divisive person imaginable, and that is the reason why MAGA is so broad in the coalition.
Does that stuff help people? Okay, so we shall have a policy to do that stuff.
All of these various sub-groups and special interests that have been purposefully and carefully groomed by the needs of the Big Club are destroyed by one overarching viewpoint, do you want to see people happy – if so, well, let’s go MAGA bitches.
Stupid stuff hurts our country, so we shall have a policy not to do stupid stuff.
Communists hate our country, so let’s Make America Great.
It’s the simplicity of Trump that makes him a threat, in combination with him showing that basic America First policy makes the lives of everyone much better. He’s already proved that. That’s why they hate him. That’s why the communists needed COVID-19 to stop him.
You can’t have the simple happiness of people doing what they want, and having opportunity, come as a result of commonsense policy.
That’s why the Big Club hates Trump. That’s why they will never stop attacking Trump. Meanwhile, I cannot unsee everything that Trump has shown me, and that’s why he will always have my support.
The post-pandemic real estate frenzy led to mortgage lenders issuing more money last year than ever before. According to records, mortgage lenders in the US issued $1.6 trillion in purchase loans in 2021, an increase from $1.48 trillion in 2020. The only time mortgage loans came close to this level was in 2005, when lenders issued $1.51 trillion in loans.
Refinances declined to $2.3 trillion in 2021 from $2.6 trillion in 2020. Total originations also fell from their 2020 peak of $4.1 trillion to $3.9 trillion, with many homeowners already taking advantage of low rates. The markets are anticipating three rate hikes from the Federal Reserve this year, which would cause an increase in mortgage rates.
Mortgages are low, but home prices are at an all-time high as demand has not waned. The Federal Reserve Bank of Atlanta notes that mortgages are now less affordable relative to income than any period since 2008 during the subprime mortgage crisis. Home prices typically stay in line with inflation, but the 18.4% annual increase in average home prices recorded this past October shows that the market is indeed inflated.
Posted originally on the conservative tree house on January 2, 2022 | Sundance | 178 Comments
Despite the predictability and transparency of the propaganda effort, the media and democrats are going all-in. All the broadcast Sunday Talk shows were filled with the “democracy in danger” talking points using the January 6, 2021, Capitol Hill protests to drive the agenda.
We can likely expect an entire week of building apoplexy culminating in some form of DC release. The Lawfare crew and the J6 committee members have been producing this pantomime for almost a year, and it kicks off the 2022 Democrat mid-year election effort.
Along with the traditional democrat pearl-clutchers the republican wing of the UniParty is putting forth the insufferables: Liz Cheney, Adam Kinzinger, Pete Meijer and the one-eyed Cheney, Dan Crenshaw. Additionally, the collapse of the ‘winter of death’ narrative combined with the inability of a new canine in the White House to rebrand the occupant, means even more emphasis will be placed on the J6 nonsense this week.
You might have heard that congresswoman Marjorie Taylor Green (MTG) was permanently removed from Twitter today under the auspices of breaking the approved speech rules for the Rona. However, it seems more likely -or at least more convenient- that her voice was removed due to the forward operational needs of the J6 engineering team.
It’s not going out on a limb to say the New York Times, Washington Post and Politico most likely have their J6 supportive articles written and in the queue for sequentially planned distribution all week. Certainly, they will launch the first round of articles, based on J6 committee leaks, starting tomorrow.
ABC kicked out a J6 poll today pushing the storyline that most republicans agree the events of January 6th were an attack against democracy. {LINK} And of course, President Trump is to blame for everything that took place. Democrats are using this opportunity to try and get rid of the outsider threat once and for all.
Not to be outdone, the entire editorial board of the New York Times also claimed today, “the survival of the American republic depends on looking backward to that day.” {LINK} A little dramatic flair from the professional couch fainters.
The democrats must distract to something, must point to something, because there’s literally not a single positive accomplishment for them to refer to on anything. Gas prices have doubled, energy prices have skyrocketed, home heating costs have doubled, inflation at the grocery store is crushing every worker and, if you believe their fearmongering, COVID is worse than ever despite all the triple-vaxxed, boosted, double-maskers running around shouting at everyone to hide in the bunkers.
Think about it. They really need the J6 narrative, because there’s literally not a good outcome the leftists can talk about. The day after the J6 anniversary, on Friday January 7th, a new batch of December employment and economic statistics will be released.
Absent the FBI pulling the trigger on a mass casualty event they have in the queue, and absent a domestic terror event the FBI have prepared for political deployment, they really need the J6 narrative to suck up the oxygen and launch them into the 2022 mid-terms. Watch out for whatever the DOJ/FBI and J6 committee have in mind.
Do not underestimate how the ‘six ways to Sunday‘ Fourth Branch of Government will coordinate inside government, and externally with partners like Lawfare, in an effort to protect itself. An intercepted kidnapping plot of Nancy Pelosi or Kamala Harris would not surprise me in the least. Nor would some kind of FBI-created death threat toward a high-profile Democrat government official.
If the J6 momentum stalls, the DOJ/FBI/Fourth Branch will need some big headline grabbing operation for everyone to focus on. As the New York Times stated, “The survival of the American republic” depends on it.
Look out for something akin to the FBI operation using Cesar Syoc and his October 2018 ACME pipe bombs filled with “energetic material that may become combustible when subjected to heat or friction,” something like that.
Once you see the strings on the marionettes, it’s impossible to return to that moment when you did not see them.
Posted originally on the conservative tree house on January 2, 2022 | Sundance | 256 Comments
An interesting question surfaces as the vaccine mandate is enforced. Is it the Omicron variant creating the labor shortages leading to “societal disruption,” or is it the absence of the unvaccinated workers who have been removed from many companies?
In this segment, Dana Bash asks the chief White House political scientist if the nation should prepare for major societal disruption under the guise of Omicron. As we have previously noted, the absence of a small number of highly efficient and productive employees, the vital few, can have a major impact on business operations (Pareto’s principle). Is that what we are really seeing, and they don’t want to admit it?
It does not seem coincidental the specific areas cited by Fauci, police, fire and first responders, are the exact jobs where the vaccination mandate was the most controversial. Additionally, the percentages he cites are very similar to the unvaccinated percentage previously reported in those work groups.
A data driven Suspicious Cat remains, well, increasingly suspicious.
You decide…
Airline cancellations today, again exceeding 4,000 [FlightAware Link]
It may be an uncomfortable or politically incorrect thing to say in modern times; however, twenty percent of the workers in your system of employment deliver eighty percent of the productivity. Yes, 20% of the workforce around you delivers 80% of the result. This natural truth has been consistent for decades, and within that truism is the nature of man – found in the Pareto Law.
What you need to remember is… if you are reading this, YOU are almost certain to be part of that twenty percentile that your employer or system operator depends on. You are a doer.
You are likely one of the top performers at your job.
You are the person they rely upon.
YOU are the most critical worker in a system that is mostly comprised of less productive people – and that fundamental truth is the important part to remember when you consider the impact of noncompliance with the vaccine mandate.
If doers do not perform their function, it is not the same as the generic Sally Smith not showing up to work. The twenty percent of the workforce that are doers produce eighty percent of the result. Ask any leader within any large organization or operation, and they will affirm this basic truth.
Doers are smart, they are beyond average in intelligence, and once they understand the mission objective, they will solve problems independently. Doers are not sheep. They are smart enough to do independent research and become well skilled and knowledgeable on any issue that is elevated in importance.
Doers don’t just dive into a project without thinking. They control their enthusiasm long enough to formulate wise objectives and figure out a production plan in order to succeed in whatever they’re set to do. Doers give themselves enough time to think and plan, but they don’t stand around debating, they SOLVE.
Doers challenge the status quo looking for ways to improve their task efficiency. Doers do not skimp on quality despite their drive to accomplish tasks. Though they thrive on increased productivity, and enjoy seeing improvements quantified, doers make sure to retain and improve standards for quality.
Doers are self-motivated. They look forward to working hard, and they keep an internal score on their own accomplishments. Doers are proficient at their tasks, and they have an exceptional work ethic. They fuel their internal drive by setting more and more challenging goals for themselves and seek continuous improvement.
Doers don’t sit around waiting for someone to tell them what to do. Doers accomplish goals and objectives with a speed and efficiency that is often annoying for those who do need to be told what to do. Doers tend to move on quickly to the next task at hand right after they finish their last one. However, doers also appreciate pausing to review their success, and they enjoy watching reasonable celebration for achievement – but they don’t dwell on it, they self-motivate to the next goal.
These traits likely sound familiar to you because YOU are a doer. YOU are part of the critical 20 percent of the larger group who accomplish 80 percent of the work. So, when you contemplate that only 20% of the workforce may stand resolute in their independent thoughts for not accepting a forced medical intervention as a condition for employment; remember, that twenty percent are the most critical of critical workers.
That 20% of independent, self-motivated, exceptionally productive – perhaps to a fault at times, workforce is the backbone of any operation, institution, system or workplace. Those who own or manage the workplace know exactly who that 20% are, and they will not want to lose the doers.
The employers and managers will not want to lose the doers, because they know the doers are the ones who can keep hundreds of plates spinning on sticks without being told which plate is wobbling, and which plate needs attention. Those who are in charge of keeping the plates spinning know the system will collapse if they are only left with plate spinners who need to be told which stick needs attention. The bosses know they will exhaust themselves having to give constant direction to the non-doers.
You are not crazy.
You are a doer.
YOU are critical.
In my opinion, this explains what the corporate executives knew, those who requested the change from the CDC, and why they made their request(s). This fundamental point -and outcome- is an admission the political leftists in government, politics and media need to avoid.
This is why the CDC changes seem irreconcilable when contrast against over a year of false “public health” claims.
Posted originally on the conservative tree house on January 2, 2022 | Sundance | 232 Comments
Before getting to this soundbite, a note for those who travel the deep weeds. Notice how whenever Fauci is answering questions on COVID subjects that are positive to his worldview, he uses the phrase “we“, including himself in the conduct of health officials. However, whenever Fauci is answering questions that are critical of health officials, he uses the phrase “they“, to distance his role in the decision-making. This is a key ¹*tell* in any conversation with leadership and/or teambuilders.
In this soundbite [full interview here and below], Anthony Fauci notes the CDC guidance on quarantine exit is likely to change, specifically because the feedback from media has been critical. The media have been struggling to support the fear narrative, and the CDC changes are not helping them. As a result, Fauci says the CDC quarantine guidance will change. Not very science-y, huh? WATCH:
Fauci, along with Stephanopoulos, is a big fraud and a narcissistic con artist. Notice in the full interview (below) Stephanopoulos asks if the media should stop focusing on infection rates now. Transparently, the media motive is to stop the criticism of the Biden administration.
Going deeper on the introductory point: Blame-casting is a profoundly negative leadership trait, with horrific consequences. Stable executives, those with extraordinary skills at leading massive institutions, always look for this blame-casting trait when listening to peers, lower-level executives and teambuilders within the organization.
¹The most effective leaders, people of the most consequential influence, listen 95% of the time and speak only about 5% of the time. And when they do speak, the overwhelming majority of that time is simply to ask more questions.
If you want to become a leader of enormous consequence, listen more, speak less, even if that means silence. For those of you who are young in your career, consider this advice for a New Year resolution. It is not easy to listen 90% and talk only 10%. Those who can do it have extraordinary confidence in who they are, confidence expressed with a rare currency of leadership humility.
People who speak less are considered more measured, stable-minded, more thoughtful, contemplative, analytical and more strategic. These are tremendous assets in a large organization. Again, for most people listening is not an easy skill to develop; it takes time, mentorship, a great deal of practice and intense focus at first. However, once you learn how to listen effectively your influence will skyrocket.
Listening is also a strong negotiation skill in both life and business. When you encounter a problem with a product or service, you can watch how powerful it is just by staying silent as soon as both parties understand the problem.
Rather than repeating your argument/position in multiple terms, learn to state your position with clarity and focus, including all the reasons why your position on the issue at hand has merit. THEN SHUT UP, even if you are tempted to speak, even if the reply is nonsense, stay silent. The other party will almost always start speaking again.
As long as you are silent, the other participant is carrying the monkey of the next move in the negotiation or arbitration. If you are forced to break the silence, do so only by asking a question about the position of the other party. Clarify using your words regarding what you just heard, and ask if that is correct. Then, shut up again.
In both large organizations and small teams, those who have either an inherent or learned skill in the art of listening are always the most influential and the most valuable.
For those of you who are employers or already leaders, whenever you hear a person or team-member use “we” when describing positive outcomes and “they” when describing negative ones, do not EVER -regardless of their other skills- consider elevating their leadership in your operation or organization. If you do, you are setting your organization on the path to failure in the long term.
This little pro-tip on listening and speech has been consistently true. However, only a select few people are gifted and/or able to do it.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America