How to Read the July Jobs Report


Posted Sep 9, 2024 By Martin Armstrong 

Jobs

The Bureau of Labor and Statistics released its report for July, indicating a slight uptick in employment. It is difficult to trust BLS data after their latest data revision that showed the Biden-Harris Administration have failed to create new jobs outside of the public sector. It was their steepest revision to data since 2009, yet all eyes were on July’s report. The headlines are optimistic about the workforce but fail to note two main issues – manufacturing is declining while the public sector is rising.

JobsReportJuly2024

Manufacturing appeared flat during Q1 but it has been on the decline ever since as corporations move their operations overseas to avoid US regulation and taxation. The Biden-Harris Administration pledged to attract 1 million new manufacturing jobs in 2024. They believe that the CHIPS Act, Inflation Reduction Act, and Infrastructure Investment and Jobs Act will attract business and spent billions on these measures that have failed to produce a single job. Initial data claimed that manufacturing was soaring under Biden but that was only due to businesses reopening after the pandemic. The BLS first claimed Biden added 765,000 manufacturing jobs before revising that figure down by 115,000 but even that was completely inaccurate. Estimates now believe manufacturing sharply declined by 96,000 by mid-2022 and has been contracting ever since. The most recent report found that July shed 24,000 positions but we should expect this figure to be optimistic.

Trump added 462,000 to the sector during his first two years before it declined by 43,000 during 2019. The COVID lockdowns caused the sector to plummet by 1.4 million jobs, 770,000 positions were later recovered before Trump left office but there was a net loss of 188,000 positions by the end of Trump’s term.

The White House promotes the manufacturing propaganda on its website:

“While our work isn’t finished, Bidenomics is already delivering for the American people. Our economy has added more than 13 million jobs—including nearly 800,000 manufacturing jobs—and we’ve unleashed a manufacturing and clean energy boom.”

Admittedly, the sector was always beginning to see problems before Biden took office, however, Biden then spent hundreds of billions on acts to attract manufacturing and they ALL failed. BIDENOMICS HAS FAILED.

The White House paints a different picture:

“None of this progress was an accident or inevitable—it has been a direct result of Bidenomics. And rather than taking us back to the failed trickle-down policies of the past, President Biden is committed to finishing the job and continuing to build an economy that finally works for working families—with better jobs, lower costs, and more opportunity.”

Then we have the growing public sector that multiplied under Biden-Harris. The public sector added an additional 24,000 positions in July. Biden openly stated that he wanted to expand the government by at least 82,000 positions in FY24 and this seems to be the one promise he made good on. Every federal agency received a budget boost for this fiscal year with an emphasis on increasing the Treasury Department.

Bidenomics has failed and businesses continue to flee overseas. America is beginning to see a recession in manufacturing at a time when the US needs to produce more. Instead, we are wasting countless resources by growing government to the highest level since World War II. The proper way to analyze this jobs report is to view it as expenses rising and production declining. This will contribute to the coming stagflation that we will see in this economy as GDP declines.

Biden Admits Inflation Reduction Act was NEVER Intended to Reduce Inflation


Posted originally on Sep 9, 2024 By Martin Armstrong |  

PSA:  Joe Biden is still the president of the United States. Biden has been hiding on a beach in Delaware ever since his disastrous debate with Donald Trump that hard-launched Kamala Harris as the Democrat nominee. Biden is speaking off the prompter once again and revealing hard truths that have been concealed from the public. The Inflation Reduction Act, the largest spending measure in American history, was never intended to reduce inflation.

“We should have named it what it was!” Biden said at an event in Westby, Wisconsin, where he unsuccessfully attempted to tout the success of Bidenomics. The president referred to the Inflation Reduction Act as “the most significant CLIMATE CHANGE LAW ever,” adding, “by the way, it is a $369 billion bill, it’s called the–we we we should’ve named it what it was.”

Biden Secon Term

We now know without a shadow of a doubt that the Inflation Reduction Act increased inflation, similar to how the Affordable Care Act under Obama increased the costs of healthcare.

Treasury Secretary Janet Yellen admitted the truth behind the Inflation Reduction Act last year, but the general public does not know of Yellen and her confession did not make headlines. “The Inflation Reduction Act is, at its core, about turning the climate crisis into an economic opportunity,” Yellen clearly stated. It provided the government with an opportunity to eliminate our energy independence. We did not have an energy crisis before Joe Biden took office. He killed the Keystone deal on his very first day in office and has been promoting the larger WEF Build Back Better plan at the expense of the nation. Biden implemented policies that worsened inflation and then convinced mindless politicians, who never read the large bills put forward, to vote for a $369 billion act under the premise of fixing a problem he created.

InflationReductionAct.meme_

The Biden Administration is still seeking TRILLIONS in funding for the largest hoax of the century. Climate change has become the untouchable charitable cause that no one can question. COVID-19 was merely a stepping stone for the lucrative tax opportunity that is climate change and the green agenda. As it is a global issue, it gives rise to the need for globalized institutions and coalitions. The G20 meeting stressed the importance of developed nations collaborating to prevent climate change by taking the people.

Janet Yellen declared that it will take $3 TRILLION ANNUALLY into 2050 for nations to meet their climate objectives. They deem climate change “the single-greatest economic opportunity of the 21st century,” but logical minds will see it as the biggest economic obligation. “Neglecting to address climate change and the loss of nature and biodiversity is not just bad environmental policy. It is bad economic policy,” Yellen told the G20. Not one member objected or questioned her proposal.

Yellen tax on Unrealized Gains

This is why they are coming after capital gains and expanding the Treasury to shake down the American public for their asinine spending packages that focus of funneling money to green initiatives. Climate change has become a global hoax created by the globalists to usurp power. Now, the global population must collectively defeat through taxation. Even third world nations must look at how they’re releasing emissions and make changes. They are willing to limit the food supply, strangle entire sectors, and completely alter our way of life to reduce carbon emissions.

Every nation must comply. We saw Italy’s Meloni shunned by the European Union for even questioning the climate change agenda and calling it “ideological madness.” Additionally, the globalists plan to implement these extreme measures in record time with no actual plan on how to execute it. All they know is that they need more of our money to save the world by 2035. It would be easier for them to spend and collect trillions from the population at large under a centrally backed currency, digital for good measure. They are testing the waters now to see how and who can hold the power to become the world tax authority. The POTUS has admitted what those who are paying attention already knew and it will take a complete 

Telegram Forced to Surrender


Posted Sep 9, 2024 By Martin Armstrong 

2024_08_24_20_09_32_Telegram_messaging_app_CEO_Durov_arrested_in_France_French_media_say

French authorities arrested Telegram CEO Pavel Durov last month for permitting encrypted messaging on his app that could not be accessed by governments. France claimed that Durov was permitting illegal activities to occur on Telegram. Public safety is always the ruse they employ to remove our freedoms. Unfortunately, Telegram has been forced to surrender and permit the European Union and other governments to access private chats.

Telegram has removed language from its FAQ page that once stated “we do not process any requests” related to accessing private messages. The security and encryption is one of the primary reasons that people sought out Telegram. Are we to believe all 950 million users were criminals? No. People have been prohibited from speaking out against government everywhere and this was one of the final frontiers that permitted free speech.

“Yes, we stand by our principles: our experience is shaped by our mission to protect our users in authoritarian regimes. But we’ve always been open to dialogue,” Durov posted on X. His arrest came suddenly and without notice. He noted that his organization has an official representative within the EU who is responsible for responding to all requests, but that did not matter as the authorities wanted to send a strong message. “Using laws from the pre-smartphone era to charge a CEO with crimes committed by third parties on the platform he manages is a simplistic approach. Building technology is hard enough as it is. No innovator will ever build new tools if they know they can be personally held responsible for potential abuse of those tools,” the CEO continued.

The government will not permit big tech to operate freely. Everyone is assumed guilty until proven innocent. They fear the people openly communicating and sharing ideas, especially revolutionary ones that question the status quo and current regimes. We should expect to see more restrictions as we move toward 2032 when governments will ultimately lose this battle against the people.

The Election Cycle Virus


Posted originally on Sep 9, 2024 By Martin Armstrong 

2024 Mosquito_borne_illnesses

QUESTION: Are they at it again for the election disease syndrome? The media seems to be touting the CDC once more, sounding the alarm about a supposed “surge” in COVID-19 cases. The curious thing is you must be a Republican to catch it. It is only affecting the Red states like Texas, California, Florida, and North Carolina.

HS

Bill_Gates mosquito

ANSWER: Oh yes, they have a mosquito crisis in New England. Until Bill Gates started breeding mosquitos and released billions in Florida, I never had a mosquito infestation in my yard. Even MALARIA has come back since Gates began his mosquito project. I would love to get RFK Jr as Attorney General to start indicting some of these Neocons and bioterrorists pretending to be helping society. What I find curious is that I am 74 years old. I have never seen such hype for a disease that emerges just in time for the elections as they got away with it in 2020.

I was personally tested for COVID-19 five times, and each time, it was negative. My daughter insisted I go to Tampa Hospital to see the top pulmonary specialist there. I said it’s not COVID; I was tested five times, always negative. He said to me I had COVID-19 and not to worry; the tests were invalid anyway.

We should name these things: the Election Virus-2024, then the midterms Election Virus-2026.

The Object appears to be staying home and sending in mail-in ballots

to provide cover for the illegal aliens to vote this cycle.

An Amazing Interview JP


Posted originally on Sep 8, 2024 By Martin Armstrong 

Categories:HUMOR

Sunday Talks – CNN’s Dana Bash Attempts to Resuscitate the “Russia, Russia, Russia” Election Year Narrative


Posted originally on the CTH on September 8, 2024 | Sundance

Senator Tom Cotton appears on the CNN show State of The Union with Dana Bash.  Apparently, the joint U.S. State Dept./CNN production team in control of setting election year objectives have decided to resuscitate the “Russia, Russia, Russia” election conspiracy.

After an initial question about Liz and Dick Cheney endorsing Kamala Harris, CNN host Dana Bash then spent the next several minutes questioning Tom Cotton about reports that Russia is funding various alternative information podcasters and pundits.

Perhaps by now everyone should know the Russian government laugh at how the U.S. media push the ridiculous accusations about Russian interference.  The Russians know how to snark toward the U.S. government as controlled by Democrats.  This insufferable election interference narrative gives the Moscow gremlins a lot of smiles, as they look upon the proverbial western media selling a story that to them is quite funny.

Senator Cotton does a good job refuting the claims by CNN; however, it is worthwhile remembering that outside of the USA the majority of the world look upon CNN as the “state news” distribution for Washington DC.  The propagandists questioning Senator Cotton about propaganda is a case study in gaslighting and the manipulation of information.  WATCH:

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“Cease and Desist” – President Trump Accurately Identifies the Institution at the Epicenter of Government Controlled Voter Fraud


Posted originally on the CTH on September 8, 2024 | Sundance 

President Trump sends out a “cease and desist” message that absolutely nails the institutional origin of the voter fraud process as it is permitted and facilitated. Although slightly using a coded message, within the spelling, punctuation and pertinence, the identification “DoJ” is transparently clear. I hope everyone can see it.

[SOURCE]

The identification of the DoJ as the primary institutional silo that permits voter fraud is keenly accurate.  That same institutional silo has the capability to stop voter fraud by prosecuting all of the public-private officials and NGO’s who participate in the process.

Main justice facilitates voter fraud through a subsidiary of secondary divisions (sub-silos) within the main institution.  The Civil Rights Division of the DOJ is a critically compromised agency and must be addressed accordingly in order to confront the weaponized bureaucracy underneath the leadership level.

This is why the Attorney General position is so critical in 2025.  Prior context below.

FBI HQ left, Main Justice HQ right

As an institution, Main Justice is now almost exclusively a Lawfare targeting mechanism.  The Dept of Justice unilaterally focuses all criminal investigative resources against the political enemies of the Administrative State.

This is not to say Republicans are targets, because often the republicans are beneficiaries of the targeting operation.  Think about the example of Main Justice working with the IRS to target the Tea Party groups in 2010 and 2011.

The Republicans were much more opposed to the Tea Party than the Democrats were.  The professional republican apparatus was furious about the primary victories of the Tea Party, and subsequently benefitted from the DOJ targeting of the various patriot movements.

Main Justice targets individuals, organizations and systems that government officials and politicians determine are a threat to the power structure.  The Intelligence Community use their ability to conduct electronic surveillance to discover evidence against their targets.  The IC then feeds the evidence to Main Justice giving them the targeting coordinates.  The DOJ takes action based on the information from the IC, often using the FBI as the enforcement mechanism.

The entire structure of Main Justice as an institution is corrupt, top to bottom.  Much like the FBI, there is no agency, office, or subsidiary set of personnel within the DOJ that is not compromised by the modern mission of the organization.  This is a critical point to accept, because if it is not accepted then we repeat the mistakes of thinking an Attorney General alone can correct the problem. They cannot.

Within the DOJ there are several divisions that must be addressed simultaneously if any effort to take it down to brass tacks is going to succeed.  This cannot be a delicate surgical approach, the effort to remove the corrupt lesion will need chainsaws not scalpels.  The fine surgical details and cleaning will be for the next administration in 2028.

The interior silos each have an important role, and they include: (1) the DOJ-National Security Division (DOJ-NSD), (2) the DOJ Civil Rights Division, (3) the DOJ-Community Relations Service (DOJ-CRS), and (4) the DOJ Inspector General’s Office.    These are the four key agencies within the larger Main Justice system that must be addressed from DC.

Of those FOUR AGENCIES, the single most important one is the DOJ-National Security Division (DOJ-NSD).  This is the interior silo that was corrupted from its origin and remained intentionally without Inspector General oversight until 2017.

When we think of the common Lawfare targeting the enemies of the Deep State like Donald Trump, that’s the core purpose of the DOJ-NSD.

DOJ-NSD: […] ” The National Security Division (NSD) was created in March 2006 by the USA PATRIOT Reauthorization and Improvement Act (Pub. L. No. 109-177). The creation of the NSD consolidated the Justice Department’s primary national security operations: the former Office of Intelligence Policy and Review and the Counterterrorism and Counterintelligence and Export Control Sections of the Criminal Division. The new Office of Law and Policy and the Executive Office, as well as the Office of Justice for Victims of Overseas Terrorism (which previously operated out of the Criminal Division) complete the NSD. The NSD commenced operations in September 2006 upon the swearing in of the first Assistant Attorney General for National Security.” (link)

The DOJ-NSD hides behind the justification of “national security” to cloud their activity.  In many ways the DOJ-NSD and the CIA have the same cover story that allows them virtually omnipotent power.

The President has previously been hamstrung by the claimed importance and power of agencies under the guise of national security.  As you can see from the origin, the Legislative Branch created the beast then cowered away from oversight.  The worst outcome stemmed from the Judicial Branch who historically deferred to the national security apparatus.

To understand the dynamic with the Judicial Branch it is worth looking at the outcome of the DOJ-NSD targeting President Trump on the issue of classified records.  Check the 11th Circuit Court of Appeals framing.

As you can see the DOJ-NSD knows how to use “national security” as a sword and a shield.  This is essentially the issue now created by the DOJ-NSD targeting President Trump.

With the Legislative Branch compromised by their own creation, and with the Judicial Branch stuck inside an old paradigm of “national security” you can see how confronting the DOJ-NSD can only come from one place, THE OVAL OFFICE.

The President of the United States, hopefully Donald J Trump, is going to have to do what the other branches have failed to do, take apart the DOJ-NSD and remove all the functions of Main Justice to their pre-Patriot Act status.  This is not going to be easy and will take a very specific type of person as U.S. Attorney General who both understands the issue and can, more importantly, articulate the problem to the larger American public.

So, we have some context for the positions that will be important.  We need:

♦ An Attorney General (AG);

♦ A Deputy Attorney General (DAG);

♦ An Asst Deputy AG in charge of the NSD;

♦ An Asst Deputy AG in charge of the Civil Rights Division.

♦ And we need a key person in charge of the ultra-secretive DOJ Community Relations Service.

We need more, but these are the most critical positions to cover – AND REMEMBER, not a single person who has ever worked in Main Justice should ever be considered a candidate for any leadership position in 2025.   If they worked in the corrupt DOJ system, they are corrupt – I do not care what capacity they worked in it before.

♦ The AG needs to be ultra clean with a spine of steel and a laser focus.  The AG needs to totally understand the goals and objectives, without being told what the goals and objectives are.  The AG needs to be independent, stable, strategic, brutally honest and keenly confident in his/her communication style with the attack media.

President Trump cannot spend exhaustive time instructing the AG on critical priorities.  The AG needs to operate with skill, focus and self-motivated energy.   The AG will be the focus of the Lawfare crew for removal/recusal. (Weissmann, McCord, Eisen, etc.)

♦ The Deputy AG needs to be intensely capable to stay on task with minimal supervision.  The DAG is the git-r’-done person, no excuses, no apologies, no explanations.  Raw, brutal, cold, quiet and determined.  The DAG needs eyes of a mouse and ears of an elephant.  The DAG needs to be a sponge, with total loyalty to the mission.  The DAG also needs to be the bridge to the FBI.

♦ The Asst DAG in charge of the NSD will be walking into the heart of Obama/Holder’s created snake pit.  This DOJ-NSD position covers Foreign Agent Registration Act violations (targeting) as well as the weaponized FISA constructs.  The person put into this silo needs to completely understand the dynamic of the DOJ-NSD as the source of the most weaponized aspects.

♦ The Asst DAG in charge of the Civil Rights Division will be critical for all elements of election reform.  The ADAG-CRD is going to be attacked, called racist and blasted by the Lawfare operatives.   The Civil Rights Division DAG will be targeted by Marc Elias and hundreds of activist lawyers inside every aligned non-governmental agency who depends on the DOJ for enforcement and support.

♦ The person in charge of the CRS will need to head-off the FBI constructs and false flag attacks targeting the Trump administration.  The CRS leadership will need to protect all of the DOJ team from the Antifa/BLM efforts as they are manufactured by the FBI silo operators.

Potential candidates:

♦ Attorney General – Ken Paxton (TX)

♦ Deputy AG – Jeff Landry (LA)

♦ Deputy AG NSD – Sidney Powell

♦ Deputy AG Civil Rights Division – Byron Donalds

♦ Community Relations Service – Vivek Ramaswamy

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