Kanye says white lives matter, Joe Biden is Puerto Rican, and you’re a homophobe if you don’t want to see a gay sex comedy. We’ll make sense of all of it! We also check in to see how crime is going in NYC only to discover the “Green Goblin Gang.” #whitelivesmatter #kanye #bros
The Trudeau Administration wants to eliminate all freedoms. Provinces are fighting back at Trudeau’s gun confiscation, deemed a “mandatory gun buyback” for assault rifles. As usual, the government put this plan in place without a plan for enforcement.
Two years ago, Alberta Premier Jason Kenney, in the video above, explained that firearm ownership is already under strict regulations. Only law-abiding citizens must adhere to these regulations. He accused Ottawa of using the people as scapegoats for their gun confiscation plan instead of cracking down on gangs and criminals who actually commit gun crimes. Now, Trudeau is going after the people and pointing at events that occurred outside Canada as a reason to ban citizens from legally owning assault rifles.
Royal Canadian Mounted Police (RCMP), Alberta Justice Minister and Solicitor General Tyler Shandro reminded the Liberal Party that Alberta taxpayers pay C$750 million annually to fund the RCMP. “We expect that those dollars not be wasted to pay for a confiscation program that will not increase public safety,” Shandro said after calling the program disturbing. “We will not tolerate taking officers off the street in order to confiscate the property of law-abiding firearms owners.”
Manitoba Attorney General Kelvin Goertzen quoted from a letter that he wrote to Canadian Public Safety Minister Marco Mendicino, said the law “unnecessarily targets lawful gun owners,” as criminals are still going to be in possession of firearms – obviously. “In Manitoba’s view, any buy-back program cannot further erode precious provincial police resources, already suffering from large vacancy rates, from focusing on investigation of violent crime.”
Saskatchewan’s Minister of Corrections, Policing, and Public Safety Christine Tell also called the mandate a waste of resources that is not supported. “The Government of Saskatchewan does not support and will not [authorize] the use of provincially funded resources for any process that is connected to the federal government’s proposed ‘buyback’ of these firearms,” she declared.
Banning any form of firearms is a method to control the people. The government and criminals will be the only ones with power, with the average law-abiding citizen helpless. Gun confiscation has occurred countless times in RECENT history and has not ended well.
There are now 84 million people living in Germany, according to the German Federal Statistical Office. This has nothing to do with the birth rate, which is on the decline. Instead, the number of Ukrainians seeking refuge in Germany caused the population to grow by 750,000 this year.
The population in Germany grew by 0.1% or 82,000 in 2021. In 2022, the population has already increased by 1% or 843,000 people. Germany has not experienced such a large influx of refugees since 2015 when Angela Merkle welcomed all Syrians into Germany. Nearly one million people entered Germany in 2015, mostly fleeing war in the Middle East. It proved to be a disaster as Germany did not have the means to care for all the new arrivals, and the cultures did not integrate well.
Germany is not likely to see as strong of an influx since other European nations are opening their borders to Ukrainians. Poland has already permitted 6.56 million Ukrainians to enter their borders. Yet, Poland has reported that tens of thousands of Ukrainians who fled are now returning. Those returning are likely men who want to fight. Germany reported that most of their new refugees are women (501,000) as well.
The culture integration is easier compared to the 2015 refugee crisis, but do these European nations have the infrastructure and financial means to support so many additional people? Those who fled Syria had nothing to return to as their nation did not receive endless funds from the West. On the other hand, Ukrainians who fled likely plan to return once the war is over. The question becomes when can I return as everything indicates that this war is only getting started.
Technician Second Class Zach Loesch, worked on the frontline during Hurricane Ida, risking his life to save others. Biden was told to call numerous rescue swimmers from the US Coast Guard to thank them for their service. “I told him how proud of him I was and thanked him for all the work he and his Coasties are doing to save lives,” Biden said of his call with Loesch in remarks the White House published Friday.
“The President thanked them for saving lives and asked for a report on the work that continues to rescue Floridians. He also asked if they needed any additional support that he can provide to accelerate successful rescues; they indicated they have gotten what they need to execute their vital mission.” Biden failed to even work with DeSantis for hurricane relief efforts. He doesn’t care about Floridians because he knows we are not voting for him.
There is one major thing Biden could do for Zach Loesch and countless others – end the vaccine mandate. Loesch had his religious exemption request denied and will be discharged from the service in 30 to 60 days. I cannot imagine a more disrespectful phone call than hearing the president congratulate you for your heroic work before firing you. Unbelievable.
Even Jeffrey David Sachs, an American economist, has come out and said on TV, as the journalists go nuts, that the US destroyed Nord Stream. Everyone I have spoken to from around the world, including high levels, all believes the US did this and I know there is a think tank that has recommended the US now take out the South Stream through Turkey. This was a formal act of war. Russia sees it that way, as does most of the world. This is an attempt to destroy the economy of Russia where energy accounts for 50% of its GDP. The Biden Administration poses the greatest threat to the United States for this reckless behavior. I’m sure I will get the hate mail from the Democrats. At least lower your COVID mask, and take a deep breath just for once.
QUESTION: Mr. Armstrong; Nobody knows history better than you. Will QE continue if we end up in war? It seems there would be no choice.
Thank you for your very enlightening blog.
PG
ANSWER: Yes. The Fed was “directed” by the White House to carry out QE during World War II. They were to prevent interest rates from rising and the debt rose. That finally led to the Federal Reserve breaking with the White House after the war when they expected it to continue for the Korean War. That is when the Fed asserted its independence.
This time, we may have a different problem. As the war unfolds in Europe, the capital will flee as usual to the States. But the money supply will have to increase because the dollar will become the only viable currency still standing. That is why you are witnessing the pound and the euro collapse. Things will unfold differently this time. The Fed has been raising rates to fight inflation that will fail because this has to do with shortages – not speculation.
The October 3, 2022 Emergency Meeting was closed to public observation by Order of the Board of Governors because the matters fell under exemption(s) 9(A)(i) of the Government in the Sunshine Act (5 U.S.C. Section 552b(c)), and it was determined that the public interest did not require opening the meeting. That said, the Fed is faced with a triple crisis – liquidity, banking stability, and an inevitable Sovereign Debt Crisis. As interest rates have risen based on domestic inflation rates, simultaneously, the higher rates have undermined both European banks as well as Emerging Markets. The Federal Reserve has become the DEFACTO central bank of the world.
This is a crisis similar in part to 1927 when the European central banks lobbied the Fed to lower rates because of their debt crisis. They lowered rates to accommodate Europe and that was then blamed on the Fed for creating the 1929 boom. This is also why FDR then seized control of the Federal Reserve and move the head to Washington and made the Chairman subservient to the President.
I know so many blame the Fed for everything. They are actually facilitating Congress. The Fed has no control over fiscal spending or the debt level. In the end, it is really the debt that has become the money supply that simply pays interest.
There was no US paper money before the Civil War. The first issues of paper money were actually a hybrid bond – they paid interest. The term “greenback” developed for “demand notes” that came later as the cost of the war rose. They no longer paid interest so what was on the back was just green ink – no interest rate table to show what the note was worth.
I will be doing a full report on this subject for the WEC. It is complex, yet exceptionally interesting for what we face.
QUESTION #1: I live in the US. When the sovereign debt explodes, and I will “own nothing “, does that mean that any car, house or property that has a loan on it will become the property of the bank and or government? Does it mean property that is paid off and I hold the title or deed will be taken from me and I will have to pay “rent” to hold on to it? Please answer by my email or on one of your blogs.
Thanks for all you do.
MH
QUESTION #2: Would you ever consider running for politics? Your experience towers over everyone out there.
BB
ANSWER: No, I am not interested in getting into politics. I have always preferred to be standing behind the curtain. If I ever stepped in front, they would quickly figure out a way I could commit suicide with a remote rifle 100 yards away and you can bet the media will say absolutely!
Now insofar as the sovereign debt default, we are looking at governments collapsing which will take down banks that must retain reserves in government bonds. Klaud Schwab is an academic. He has ZERO real-world experience. His ideas will collapse just like Marx for the one element both ignore is human nature. It cost over 200 million lives for Marx to get his theory in place. Communism collapsed because without curiosity and freedom to explore, talk, and think, all advancement of society comes to an end.
Schwab’s idea will fail because the setup is different this time. Marxism succeeded because in Russia serfdom ended only during the 1860s. Therefore, the common people DID NOT own anything and it made sense to raid the rich. This time, people own houses and cars, and they save with pensions and to help their children. This time the common people would have to surrender all their assets so Schwab’s Marxist theories can be implemented.
It is a whole different board game this time around. Our computer has NEVER been beaten by anyone, even me. It sees the future because it is monitoring everything. So while people argue over what they “think” will happen, Socrates just plugs away and lacks that human emotion that interferes with objectivity.
The 30-year bond elected a major long-term Quarter Bearish Reversal on target. This confirms the long-term outlook that we had warned back at the high that we were establishing a 5,000-year low in rates (high in bond prices). The sell signals on bonds at the end of September are very profound. This is also why you have witnessed Klaus Schwab telling everyone you will own nothing and be happy because what he is really saying is that all debt will be wiped out trying to make it sound like they are doing this for you when it is the next sovereign debt default in history.
The last Sovereign Debt Default was 1931 when Europe, South America, and Asia defaulted. Even Britain went into a moratorium on debt payments. Our models turned up on this level in March 2021 and the next Sovereign Debt Default on a grand scale is likely to unfold by 2025.
The Quarterly closing was a confirmation that we are looking at both a liquidity crisis in addition to a banking crisis that is most likely with an epic center in Europe.
Here is the Yearly Chart from 1798 to 2015 that we published back in 2016. The peak came precisely during the 1st Quarter of 2020 with the major turning point on the ECM 2020.05 reaching 191.69 on the 30-year bond. We will be focusing on this triple crisis of liquidity, banking, and Sovereign Debt Crisis at the WEC on November 11-13th, 2022.
As I have said many times, what bottoms or peaks with the ECM major turning points is typically very profound. That has been vindicated once against by the bond market peaking the first quarter of 2020 with the turning point. We have entered the STAGFLATION mode since March 14th as we head into April 2023.
The Internal Revenue Service (IRS) continually makes multi-billion-dollar mistakes. The agency “accidentally” sent $1.1 billion in advanced child tax credits to the wrong families. If a private citizen were to make a mistake on their personal taxes, they’d feel the repercussions – especially with Biden’s 87,000 newly appointed and armed agents.
Now 1.5 million families who received the money “accidentally” will be on the hook to pay it back. As if that were not bad enough, the IRS failed to deliver $3.7 billion in tax credits to 4.1 million households! The tax credit was intended as part of the reckless American Rescue Plan to pay families earning under $150,000 annually and single parents earning under $112,500. This was the largest child tax credit in America’s history – basically, people received “free” money at the expense of the taxpayers simply for having children.
This is the same agency that sent countless stimulus checks to people who did not qualify. Even multi-billionaire George Soros received a stimulus check. They even sent out checks totaling over $267 billion to deceased individuals. The IRS also “accidentally” leaked 120,000 personal online files earlier in the month. The agency continually makes major mistakes. Knowing that there will be 87,000 additional agents, armed, working for this failed agency does not put one at ease.
QUESTION: Do you think this will turn into a nuclear war?
VR
ANSWER: The people never benefit from war. We are the instruments of those in power no matter what the government. There are people who are brainwashed and hate Russia and are demonizing Putin because that is propaganda needed to create war. They are incapable of critical independent thought. There are people trolling social media pretending to be people who are really just the Deep State pushing hatred of all Russians to justify the objective of war. The attack on the Nord Stream Pipeline came interestingly as a key target week.
If the intelligent people bothered to verify all facts before making rash decisions, they would see that the Neocons who spread this hatred have been anti-Russia and praying for war ever since the USSR fell in 1991. ANYONE who claims Russia is evil and America wears the white hat is simply either stupid or a promoter of war for the Deep State. Anyone with 10% of a brain knows well that ALL GOVERNMENTS engage in propaganda – it is NEVER one-sided.
Politico published back in 2008 a record showing that John McCain was always anti-Russian long before Putin ever came to power. It does not matter who is the head of Russia – it never has. Now they pretend Russia would be OK if Putin is removed. That is the typical propaganda always changing to support the same objective. These people are playing a very dangerous game for the hardliners are still there behind Putin and blowing up the pipelines has now shown Russia that this is a war intended to defang and declaw the bear assuming they would even allow it to still breathe. That means that pushed up against the wall, Russia will have no choice but to use at least tactical nuclear weapons.
It was the assassination of the Archduke that launched World War I. That entire region is stained with hatred that goes back centuries. This hatred of the Russian people is merely an extension not so different from the hatred of Catholics in England that resulted in the civil war and the beheading of King Charles I. We are once again looking at drawing the entire world into a conflict that will stain the entire globe with the blood of soldiers and civilians for centuries to come, China will end up siding with Russia as will North Korea, and parts of the Middle East. Just as World War I was over an assassination, the hatred in Ukraine will draw in the world over a patch of land occupied by Russians for centuries. Everyone’s lifestyle will be irrevocably altered by the cheers and the drums beating for war.
I have all the declassified documents and history is entirely different than the propaganda we are led to believe. NATO offered to absorb Russia in 1991. That is what sparked the coup against Gorbachev on August 18th, 1991. The hardliners saw that as the surrender of Russia to the USA – total defeat. That is when Yeltsin stood up on the tank and pleaded with the troops not to support the coup. The military then backed down and support for the coup collapsed.
My sources have always been incredible. I do not make shit up and I do not rely on my opinion. I even have the documents that show Robert Maxwell, the father of Ghislaine the girlfriend of Jeffrey Epstein, supported the coup by cutting a deal backed by Israel if the generals agreed to release all the Jews so they could migrate to Israel. He amazingly fell off his yacht and didn’t know how to swim. Bet you didn’t know that one either. Robert Maxwell was at least a double agent and possibly a triple agent. He met with Russian leaders often. Jeffrey Epstein committed suicide when the guards fell asleep and the video cameras didn’t work that time. Endless coincidences no doubt.
Russia must die in the minds of the Neocons. They will not be satisfied by anything else. The Neocons funded the Taliban in Afghanistan, which was a proxy war against Russia. They then used the weapons against Americans.
The Neocons funded the Chechen terrorists and I have the declassified documents of Yeltsin telling Obama this had to stop. Obama tried to invade Syria because Assad refused to allow Qatar to build a pipeline to Europe. McCain was there at Maidan to support the Ukrainian Revolution and promised support for the Neo-Nazis to attack the Donbas.
Anyone who is pushing the narrative that it’s all Putin and we must wage war against him is preaching the agenda for the Deep State. They have their fake people on social media and direct the mainstream media to push their agenda. As I have said, war is just an extension of politics. The people have NOTHING to gain from war. The best we can achieve is to come home unharmed to a family that is still there.
As Henry Kissinger warned, the Donbas should have been let go. Why fight for land occupied by Russians anyhow? This makes no practical sense unless we look at this as war is just an extension of politics and this is not about the Donbas or even Ukraine. This is simply a thirst for war and it is always the leaders who create war – not the common people on both sides. This is simply a grudge match and we are in the middle.
So the answer is simple. There is no other outcome but war and it will unleash at the least tactical nuclear weapons. The Ukrainian people should understand that they are the cannon fodder and nobody gives a damn about them or their country. This is all about the USA v Russia. You can ignore the facts. As Hermann Goring said: “the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked, and denounce the peacemakers for lack of patriotism.” There are no peacemakers left anymore! This is not about supporting the USA or Russia. This is about supporting the people who are always the victims.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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