Europe’s COVID Lost Decade


Armstrong Economics Blog/European Union Re-Posted Apr 2, 2021 by Martin Armstrong

Europe faces a Covid Lost Decade economically inspired by Kalus Schwab and his World Economic Forum. As purely academics who never walk among the great unwashed, their view of the peons below is one of just looking upon the masses as a herd of sheep. They have no comprehension of the social and cultural upheaval they have unleashed upon the world. They have inspired the growing inequality since those who provide the physical labor cannot work remotely. The claim that they want to create a Marxist world with inequality eradicated is folly. All they are actually doing is accelerating the inequality, and they are clueless about how to help people find new employment in their “Green” new world order.

Those in power are deepening economic deprivation and one must ask, “Are they really this stupid? Or perhaps they are just diabolical and this is part of their idea of depopulating the world?” They have never understood Adam Smith and the invisible hand that states to create an economy it comes from the people — not above. Marx tried that and millions starved because bureaucrats knew nothing about farming — what to plant, how, or when. Fascists at least allowed the ownership of industry to be retained by the people. They simply overruled policies and regulated. Hence, Fascists did not wipe out millions of their own people because of incompetent bureaucrats, as was the case with communism.

Major changes to the way society functions have unfolded in the wake of this convenient pandemic and the deliberate destruction of the economy to end tourism and travel to reduce CO2. This is such a drastic departure in economic theory, and they fail to grasp that they are following the path of Marx, which will not end well for human society. They are incapable of understanding how the economy works. Instead, they are trying to make it conform to their vision by sheer force.

Public Health Professor Reveals The Reason For The Urgency of the Vaccination Push – Pesky States Reopening Creates a “Small Window” of Opportunity to Push the Vaccine


Posted originally on the conservative tree house April 1, 2021 | Sundance | 118 Comments

There is so much in this soundbite from Dr Leana Wen (Public Health Policy, George Washington University) it is difficult to encapsulate.

When they show you who they are, believe them.  In this soundbite Dr. Wen is apoplectic that people might realize there is no need for a vaccination because everything is open and there is no crisis.   She frets that American people will enjoy their freedoms without vaccination.  Just watch and listen to the priority in her soundbite.

The blind-spot exposure of their ideology is a weakness of the totalitarian mind.  They spend so much time in an echo-chamber they cannot fathom the insanity of what they are espousing.  To them it just seems like the typical conversation they have all the time, because they never face anyone challenging them.  WATCH:

“We have a very narrow window to tie reopening policy to vaccination status because if everything is reopened, then what’s the carrot going to be… How are we going to incentivize people to actually get the vaccine… So that’s why I think the CDC & the Biden  admin need to come out a lot bolder & say “if you’re vaccinated, you can do all these things…here are all the freedoms that you have, because otherwise people are going to go out and enjoy these freedoms ANYWAY.”

Prescient Diatribe – As True Today as it was in 1976


Posted originally on the conservative tree house April 1, 2021 | Sundance | 275 Comments

Y’all are smart.  You are part of the three percent who really understand.  Consider if you will, the backdrop of current U.S. politics; the influence of Wall Street and the multinationals who align with globalism; the reality of K-Street lobbyists writing the physical legislation that politicians sell to Americans; and then overlay what you are witnessing as those same multinationals now attack the foundation of our constitutional republic.

Think about the bigger picture, the progressive picture, the ultimate goal and the explanation of my oft mentioned catchphrase “there are trillions at stake.”

Then, perhaps, just perhaps, take a few minutes to re-watch this segment from a movie circa 1976.  Replace Ned Beatty with Donald Trump… The issues are identical.  It has been thus since the rise of the multinationals:

Recently there have been many critics of President Trump; many people proclaiming that President Trump did not do enough to block, impede, stop and counteract the globalist forces that are aligned against his effort to Make America Great Again.   There are people who proclaim that Donald J Trump should have been more wise in his counsel; more selective in his cabinet.  Let me be clear….

I will never join that crew of Trump critics because I understand his adversary.  I understand the scope of the enemy, the scale of the war, the financial and economic power of the opposition, and the effort it will take to stop decades of willful blindness amid 97% of the American people.   I also see exactly what they are doing now, even with President Trump forcefully removed from office, to destroy the threat he still represents.

Donald J Trump was/is a walking red-pill; a “touchstone”: a visible, empirical test or criterion for determining the quality or genuineness of anything political.  I have been deep enough into the network of the Deep State to understand the scale and scope of this enemy.  To think that President Trump alone could carry the burden of correcting four decades of severe corruption of all things political, without simultaneously considering the scale of the opposition, is naive in the extreme.

♦ POTUS Trump was disrupting the global order of things in order to protect and preserve the shrinking interests of the U.S. He was fighting, almost single-handed, at the threshold of the abyss. Our American interests, our MAGAnomic position, was/is essentially zero-sum. His DC and Wall-Street aligned opposition (writ large) needed to repel and retain the status-quo. They desperately wanted him removed so they could return to full economic control over the U.S, because it is the foundation of their power.

You want to criticize him for fighting harder against those interests than any single man has ever done before him?  If so, do it without me.

I am thankful for the awakening Donald J Trump has provided.

I am thankful now for the opportunity to fight with people who finally understand the scale of our opposition.

Without Donald J Trump these entities would still be operating in the shadows.  With Donald J Trump we can clearly see who the real enemy is.

In these economic endeavors President Trump was disrupting decades of financial schemes established to use the U.S. as a host for their endeavors. President Trump was confronting multinational corporations and the global constructs of economic systems that were put in place to the detriment of the host (USA) ie YOU. There are trillions at stake; it is all about the economics; everything else is chaff and countermeasures.

The road to a “service-driven economy” is paved with a great disparity between financial classes. The wealth gap is directly related to the inability of the middle-class to thrive.

Elite financial interests, including those within Washington DC, gain wealth and power, the U.S. workforce is reduced to servitude, “service”, of their affluent needs.

The destruction of the U.S. industrial and manufacturing base is EXACTLY WHY the middle class has struggled, and exactly why the wealth gap exploded in the past 30 years.

Behind this dynamic we find the international corporate and financial interests who are inherently at risk from President Trump’s “America-First” economic and trade platform. Believe it or not, President Trump is up against an entire world economic establishment.

When we understand how trade works in the modern era we understand why the agents within the system are so adamantly opposed to U.S. President Trump.

♦The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.

It doesn’t.

Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations. Institutions like the World Trade Organization (WTO) and World Bank control trillions of dollars in economic activity.

Underneath that economic activity there are people who hold the reigns of power over the outcomes. These individuals and groups are the stakeholders in direct opposition to principles of America-First national economics.  Collectively known as “The Big Club”.

The modern financial constructs of these entities have been established over the course of the past three decades. When you understand how they manipulate the economic system of individual nations you begin to understand why they are so fundamentally opposed to President Trump.

In the Western World, separate from communist control perspectives (ie. China), “Global markets” are a modern myth; nothing more than a talking point meant to keep people satiated with sound bites they might find familiar. Global markets have been destroyed over the past three decades by multinational corporations who control the products formerly contained within global markets.

The same is true for “Commodities Markets”. The multinational trade and economic system, run by corporations and multinational banks, now controls the product outputs of independent nations. The free market economic system has been usurped by entities who create what is best described as ‘controlled markets’.

U.S. President Trump understood what had taken place.  He used economic leverage as part of a broader national security policy; and to understand who opposes President Trump specifically because of the economic leverage he creates, it becomes important to understand the objectives of the global and financial elite who run and operate the institutions. The Big Club.

Understanding how trillions of trade dollars influence geopolitical policy we begin to understand the three-decade global financial construct they seek to retain and protect.

That is, global financial exploitation of national markets.

FOUR BASIC ELEMENTS:

♦Multinational corporations purchase controlling interests in various national outputs (harvests and raw materials), and ancillary industries, of developed industrial western nations. {example}

♦The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks. (*note* in China it is the communist government underwriting the purchase)

♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).

♦With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

Against the backdrop of President Trump confronting China; and against the backdrop of NAFTA renegotiated; and against the necessary need to support the key U.S. steel and aluminum industries; revisiting the economic influences within the modern import/export dynamic will help conceptualize the issues at the heart of the matter.

There are a myriad of interests within each trade sector that make specific explanation very challenging; however, here’s the basic outline.

For three decades economic “globalism” has advanced, quickly. Everyone accepts this statement, yet few actually stop to ask who and what are behind this – and why?

Influential people with vested financial interests in the process have sold a narrative that global manufacturing, global sourcing, and global production was the inherent way of the future. The same voices claimed the American economy was consigned to become a “service-driven economy.”

What was always missed in these discussions is that advocates selling this global-economy message have a vested financial and ideological interest in convincing the information consumer it is all just a natural outcome of economic progress.

It’s not.

It’s not natural at all. It is a process that is entirely controlled, promoted and utilized by large conglomerates, lobbyists, purchased politicians and massive financial corporations.

Again, I’ll try to retain the larger altitude perspective without falling into the traps of the esoteric weeds. I freely admit this is tough to explain and I may not be successful.

Bulletpoint #1: ♦ Multinational corporations purchase controlling interests in various national elements of developed industrial western nations.

This is perhaps the most challenging to understand. In essence, thanks specifically to the way the World Trade Organization (WTO) was established in 1995, national companies expanded their influence into multiple nations, across a myriad of industries and economic sectors (energy, agriculture, raw earth minerals, etc.). This is the basic underpinning of national companies becoming multinational corporations.

Think of these multinational corporations as global entities now powerful enough to reach into multiple nations -simultaneously- and purchase controlling interests in a single economic commodity.

A historic reference point might be the original multinational enterprise, energy via oil production. (Exxon, Mobil, BP, etc.)

However, in the modern global world, it’s not just oil; the resource and product procurement extends to virtually every possible commodity and industry. From the very visible (wheat/corn) to the obscure (small minerals, and even flowers).

Bulletpoint #2 ♦ The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks.

During the past several decades national companies merged. The largest lemon producer company in Brazil, merges with the largest lemon company in Mexico, merges with the largest lemon company in Argentina, merges with the largest lemon company in the U.S., etc. etc. National companies, formerly of one nation, become “continental” companies with control over an entire continent of nations.

…. or it could be over several continents or even the entire world market of Lemon/Widget production. These are now multinational corporations. They hold interests in specific segments (this example lemons) across a broad variety of individual nations.

National laws on Monopoly building are not the same in all nations. Most are not as structured as the U.S.A or other more developed nations (with more laws). During the acquisition phase, when encountering a highly developed nation with monopoly laws, the process of an umbrella corporation might be needed to purchase the targeted interests within a specific nation. The example of Monsanto applies here.

Bulletpoint #3 ♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).

With control of the majority of actual lemons the multinational corporation now holds a different set of financial values than a local farmer or national market. This is why commodities exchanges are essentially dead.

In the aggregate the mercantile exchange is no longer a free or supply-based market; it is now a controlled market exploited by mega-sized multinational corporations.

Instead of the traditional ‘supply/demand’ equation determining prices, the corporations look to see what nations can afford what prices. The supply of the controlled product is then distributed to the country according to their ability to afford the price. This is essentially the bastardized and politicized function of the World Trade Organization (WTO). This is also how the corporations controlling WTO policy maximize profits.

Back to the lemons. A multinational corporation might hold the rights to the majority of the lemon production in Brazil, Argentina and California/Florida. The price the U.S. consumer pays for the lemons is directed by the amount of inventory (distribution) the controlling corporation allows in the U.S.

If the U.S. lemon harvest is abundant, the controlling interests will export the product to keep the U.S. consumer spending at peak or optimal price. A U.S. customer might pay $2 for a lemon, a Mexican customer might pay .50¢, and a Canadian $1.25.

The bottom line issue is the national supply (in this example ‘harvest/yield’) is not driving the national price because the supply is now controlled by massive multinational corporations.

The mistake people often make is calling this a “global commodity” process. In the modern era this “global commodity” phrase is particularly nonsense.

A true global commodity is a process of individual nations harvesting/creating a similar product and bringing that product to a global market. Individual nations each independently engaged in creating a similar product.

Under modern globalism this process no longer takes place. It’s a complete fraud. Massive multinational corporations control the majority of production inside each nation and therefore control the global product market and price. It is a controlled system.

EXAMPLE: Part of the lobbying in the food industry is to advocate for the expansion of U.S. taxpayer benefits to underwrite the costs of the domestic food products they control. By lobbying DC these multinational corporations get congress and policy-makers to expand the basis of who can use Food Stamps, EBT and SNAP benefits (state reimbursement rates).

Expanding the federal subsidy for food purchases is part of the corporate profit dynamic.

With increased taxpayer subsidies, the food price controllers can charge more domestically and export more of the product internationally. Taxes, via subsidies, go into their profit margins. The corporations then use a portion of those enhanced profits in contributions to the politicians. It’s a circle of money.

In highly developed nations this multinational corporate process requires the corporation to purchase the domestic political process (as above) with individual nations allowing the exploitation in varying degrees. As such, the corporate lobbyists pay hundreds of millions to politicians for changes in policies and regulations; one sector, one product, or one industry at a time. These are specialized lobbyists.

It is ironic when we discuss corporate financial payments to government officials in foreign countries we call them corrupt.  However, in the United States we call it lobbying, the process is exactly the same.

EXAMPLE: The Committee on Foreign Investment in the United States (CFIUS)

CFIUS is an inter-agency committee authorized to review transactions that could result in control of a U.S. business by a foreign person (“covered transactions”), in order to determine the effect of such transactions on the national security of the United States.

CFIUS operates pursuant to section 721 of the Defense Production Act of 1950, as amended by the Foreign Investment and National Security Act of 2007 (FINSA) (section 721) and as implemented by Executive Order 11858, as amended, and regulations at 31 C.F.R. Part 800.

The CFIUS process has been the subject of significant reforms over the past several years. These include numerous improvements in internal CFIUS procedures, enactment of FINSA in July 2007, amendment of Executive Order 11858 in January 2008, revision of the CFIUS regulations in November 2008, and publication of guidance on CFIUS’s national security considerations in December 2008 (more)

Bulletpoint #4 ♦ With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

The process of charging the U.S. consumer more for a product, that under normal national market conditions would cost less, is a process called exfiltration of wealth. This is the basic premise, the cornerstone, behind the catch-phrase ‘globalism’.

It is never discussed.

To control the market price some contracted product may even be secured and shipped with the intent to allow it to sit idle (or rot). It’s all about controlling the price and maximizing the profit equation. To gain the same $1 profit a widget multinational might have to sell 20 widgets in El-Salvador (.25¢ each), or two widgets in the U.S. ($2.50/each).

Think of the process like the historic reference of OPEC (Oil Producing Economic Countries). Only in the modern era massive corporations are playing the role of OPEC and it’s not oil being controlled, thanks to the WTO it’s almost everything.

Again, this is highlighted in the example of taxpayers subsidizing the food sector (EBT, SNAP etc.), the corporations can charge U.S. consumers more. Ex. more beef is exported, red meat prices remain high at the grocery store, but subsidized U.S. consumers can better afford the high prices.

Of course, if you are not receiving food payment assistance (middle-class) you can’t eat the steaks because you can’t afford them. (Not accidentally, it’s the same scheme in the ObamaCare healthcare system)

Agriculturally, multinational corporate Monsanto says: ‘all your harvests are belong to us‘. Contract with us, or you lose because we can control the market price of your end product. Downside is that once you sign that contract, you agree to terms that are entirely created by the financial interests of the larger corporation; not your farm.

The multinational agriculture lobby is massive. We willingly feed the world as part of the system; but you as a grocery customer pay more per unit at the grocery store because domestic supply no longer determines domestic price.

Within the agriculture community the (feed-the-world) production export factor also drives the need for labor. Labor is a cost. The multinational corps have a vested interest in low labor costs. Ergo, open border policies. (ie. willingly purchased republicans not supporting border wall etc.).

This corrupt economic manipulation/exploitation applies over multiple sectors, and even in the sub-sector of an industry like steel. China/India purchases the raw material, coking coal, then sells the finished good (rolled steel) back to the global market at a discount. Or it could be rubber, or concrete, or plastic, or frozen chicken parts etc.

The ‘America First’ Trump-Trade Doctrine upset the entire construct of this multinational export/control dynamic. Team Trump focused exclusively on bilateral trade deals, with specific trade agreements targeted toward individual nations (not national corporations).

‘America-First’ is also specific policy at a granular product level looking out for the national interests of the United States, U.S. workers, U.S. companies and U.S. consumers.

Under President Trump’s Trade positions, balanced and fair trade with strong regulatory control over national assets, exfiltration of U.S. national wealth is essentially stopped.

This puts many current multinational corporations, globalists who previously took a stake-hold in the U.S. economy with intention to export the wealth, in a position of holding contracted interest of an asset they can no longer exploit.

Perhaps now we understand better how massive multi-billion multinational corporations, and the political institutions they pay for, were/are aligned against President Trump; and they will never relent in their need to see the risk he/we represents destroyed.

I will never relent in my support for anyone who fights this enemy.

I will align with and encourage anyone who joins this fight.

If you are looking for criticism against the only person I have ever witnessed who actually fought our enemy, look elsewhere.

I am thankful for President Trump.

CTH will never stop the fight….

Lawfare – New York Prosecutors Subpoena the Personal Bank Records of Trump Organization Chief Financial Officer – The Intent is To Find a Way, a Backdoor, to Destroy Donald Trump


Posted originally on the conservative tree house April 1, 2021 | Sundance | 280 Comments

Let’s be clear about the motives of a fully weaponized DOJ here.  The DOJ is looking for any way to destroy Donald J Trump.  As long as he exists in the sphere of political influence, he represents a risk to their objectives.

Direct targeting of Donald Trump has not succeeded.  Direct attacks against Donald Trump and his organization and personal finances have not succeeded.  The DOJ is not getting the results they need…. So now they need a backdoor, some leverage, from somewhere, anywhere, where they can use that leverage to destroy their enemy.  THAT is what’s going on.

NEW YORK – New York state prosecutors in Manhattan have subpoenaed the personal bank records of the Trump Organization’s chief financial officer in the investigation into former President Trump and his company, The New York Times reports.

Prosecutors are reportedly looking into gifts Allen Weisselberg, who has been with the Trump Organization for decades, and his family received from Trump. The CFO has not been accused of any criminal activity, noted The Times, which reported earlier this month that the investigation was shifting its focus to Weisselberg.

The former daughter-in-law of Weisselberg spoke out this month about the probe into the Trump Organization CFO, claiming she had discussed the situation “multiple times” with the Manhattan district attorney’s office. (read more)

As long as Donald J Trump exists to represent a risk to the global power structures that seek to exploit and destroy this nation, they will never relent from their efforts to destroy him, his family, his wealth, his fortune or his honor.

Nothing else is as important as the elimination of Donald J Trump.

Weapons of Mass Stupidity


Posted originally on GrrrGraphics.com MAR 31, 2021 AT 10:16 AM

“When the whole world is running towards a cliff, he who is running in the opposite direction appears to have lost his mind.”

― C. S. Lewis

The globalist ruling caste and their mass media want you to take COVID-19 shots. Right now! 

Don’t think—just do it. Unfortunately too many are robotically getting the jabs even though there have been many reports of the recipients dropping dead shortly thereafter.

I read about New Zealand’s Prime Minister Jacinda Ardern and what she said regarding enforcing her COVID-19 mandates. She said she wasn’t worried—the people would take care of most of it. And they did, just like they’ve done here in America. Peer pressure and fear are bad combinations and there are always ‘Karens,’ both male and female, who will hector those not following the ‘new normal.’ One of those so-called ‘normals’ is wearing a mask and it’s anything but normal. It does nothing to halt a virus and causes many other problems. They are also dehumanizing.

 I had one of these people hijack me in the parking lot of local grocery store. He was grumpy and accusatory—“Why aren’t you wearing a mask?,” he barked. I wasn’t even in the store, but perhaps he saw me inside shopping–sans mask. I quickly realized I didn’t want to argue the merits of mask wearing with a complete stranger, but his audacity angered me. I considered him to be an ignorant ‘maskhole.’

Brainwashed people such as the maskhole do the enforcement work for Bill Gates. He uses such people as weapons of mass stupidity.

Another group can be called ‘virtue signalers.’ They will gladly take any and all vaccinations without question or reflection. They trust ‘science.’ Scientists will always treat their health as their paramount concern, right? Wrong. The big vaccine makers are concerned with making billions of dollars first and foremost. They are also protected from prosecution if their vaccines cause harm. They can’t be sued, which means they can take short cuts. Unaccountability does not go hand in hand with safety. A few thousand drop dead from their experimental concoctions? Have the mainstream media ignore such stories. Vaccine makers also use paid operatives to attack whistleblowers.

Amazingly, even those who suffered severe side effects will often claim that they are proud of getting the shots and would do it again. Ben Stein is an example.

The globalists are marshaling all forces to brainwash people into getting the dangerous inoculations. Even religious figures such as Franklin Graham (son of Billy Graham) who proudly calls himself a globalist for Jesus. He said everyone should get the shots and claimed Jesus Himself would support the experimental vaccines. Considering that most vaccine makers add aborted fetal tissue to their product sort of makes me think that Jesus may not approve. He would also not approve of experimental gene therapy on millions of humans who have perfectly adequate immune systems.

Finally, Joe Biden allows anyone to waltz into our country without testing, vaccinations, IDs, or passports…yet he wants Americans to get a vaccine passport to identify themselves as jab recipients before they can enjoy freedom. It’s a gross violation of our Fourth Amendment, but Bill Gates and China want it, so Biden is pushing it. He wants no ID as a prerequisite for voting, however.

Fauci and Gates helped China develop the virus in the first place. They are traitors. LOCK THEM UP!

—Ben Garrison

Socialist Revolution On Target


Armstrong Economics Blog/Economics Re-Posted Apr 1, 2021 by Martin Armstrong

COMMENT:

When I hear Bill Gates state on video, that if other countries had “followed the procedures of Vietnam, New Zealand, and Australia, there would have been lesser deaths…”

it is obvious to me that what he really was saying is ‘if other countries had followed the POLITICAL MOVES of Vietnam, New Zealand, and Australia’ bla bla bla, etc, and bla.

With the information available on alt and social media it is also obvious to me, that those countries have gone full on Nazi/Stazi/Police state based upon zero actual medical reasons.

It doesn’t take any imagination to then hypothesize and extrapolate that the WHO, WEF, UN, Gates and other uber-wealthy people are the designers and movers of this takeover worldwide. Additionally the huge global corporations (with interlinking BODs) are going along with the scheme and doing what some conservative governments will not/cannot do.

This was all planned in advance, it’s got very little to do with an actual virus, but primarily for propaganda sake. The scheme covers politics, social conditioning, financial re-engineering, setting up an unaccountable soviet style polit bureau of world governance, CCP level technical population control, and adoption of a fully operational socialist/fascist systems.
– The mask will become the shot.
– Food shortages will become the normal, and hunger will begat compliance.
– Sporadic violence will be the catalyst for a general police state and then gun/2A removal.
– Political unrest and social chaos will seize any governments that attempt to object, and likely will usher in UN troops to oversee the chaos.

If a few years ago I would have imagined a successful worldwide scam to take control of the world would happen in 2020 – I may have called myself a little bit nuts or a great fiction writer!

But now…?

What really scares me is to extrapolate any further on the effects of what seems to planned, and even more, the success thus far.

Very big thank you for all you do and your writings!

G

REPLY: Never in my life have I ever witnessed such a political coup to take over the world and impose their vision of a socialistic, green environment. The last time something like this occurred on an international contagion basis was the Revolution of 1848. Our models forecast that we would see global civil unrest in 2020, and this was 172 years on schedule (2 x 8.6 – 17.2). The previous target was 1934, which was the Socialist revolution where FDR even confiscated gold in January 1934. However, the 1848 event was more of a contagion.

I have said many times that humans cannot forecast what they have never seen. I personally am shocked at the magnitude of this movement. Just watching the Democratic Convention makes me see that conducting business in the future will become impossible unless you are doing something they approve of.

People do not grasp the dangerous road we are heading down. Socialists cannot tolerate dissent nor will they tolerate opposition. Socialism requires TOTALITARIANISM to take hold. Just look at anyone who posts anything against this movement, from health to facts about the Obama Administration illegally trying to create Russia Gate. Facebook and YouTube immediately take them down. They are idiots, for they think they are helping their Democratic cause, but they will soon discover that Socialists will not tolerate free speech, and they too will end up suppressed. They are fools, for they have NEVER picked up a history book — ever!

The Socialist Revolutionary movement began in Italy with a local revolution in Sicily in January 1848. The movement caught on as a natural contagion spreading to France by February.  This revolution became a contagion rather than organized by a single group as we have today. The movement extended throughout the whole of Europe, with the exception of Russia, Spain, and the Scandinavian countries. In France, by June 26, 1848, the revolution resulted in more than 10,000 people were either killed, which included 1,500 troops. It was successful in creating the Second Republic.

The Socialist Revolution of 1848 took hold and spread worldwide, as we are witnessing again today under the pretense of this coronavirus. The 1848 Socialist Revolution engulfed the following countries, among many others, which even included Canada:

Italian states
France
German states
Denmark
Schleswig
Habsburg Monarchy
Hungary
Galicia
Sweden
Switzerland
Greater Poland
Romanian Principalities
Belgium
Ireland
Spain
South America

There was rising tension in the United States, but this was offset by the California Gold Rush after the discovery in 1848. Many people just picked up and left. Nevertheless, there was also a political polarization, with Democrats and reformers in favor of socialism. However, they were deeply concerned about the violence involved in Europe. The opposition came from conservative elements, especially Whigs, southern slaveholders, orthodox Calvinists, and Catholics. The most interesting aspect was that thousands of Germans fled the Socialists in Europe and migrated to the United States, later becoming Republicans, which also helped suppress the Socialists.

The 1848 Socialist Revolution sent people fleeing Europe to the United States for safety. Today, a takeover by the Socialists in the United States will lead to yet another migration between states, but there is no new land for people to flee. It is more likely to result in nations splitting and civil wars.

The Best form of Government


Armstrong Blog/Gov’t Incompetence Re-Post ed Mar 31, 2021 by Martin Armstrong

One person wrote, “Have you ever realized that you are the first true psychohistorian ever, as in Asimov’s Foundation?” Many others are writing in and asking if I could elaborate on my recent statement, “So just start planning now for the next real Great Reset which will be the overthrow of the republic.”

I must confess, I never read Asimov’s Foundation. From reading the cliff notes, I gather it was based upon the fall of Rome. Psychohistory seems to describe an amalgam of psychology, history, and related social sciences and the humanities all combined. Quite honestly, history repeats as I have said many times because the passions of man never change. A mother still cries for her son who dies in battle today as she did in ancient times. To me, in order to understand history you must connect the dots, and to do so that requires an understanding of the thinking process of the time WITHOUT imposing your interpretation based upon what is now.

I have given the example of the city of Philadelphia they named because in Greek it meant “brotherly love,” so the Quakers interpreted that in a Christian sense that yes, I love my brother. The true interpretation at that time in ancient Greece meant incest. They called Ptolemy II Pheladelphos because he married his sister. Context is everything, just as it was wrong to interpret the ancient Egyptians as Pagans or the Greeks saying they worshiped many gods, which was not true. The Egyptians believed in one god they called Rha being the sun, because it gave life. The others represented an individual sin or trait but were never seen as gods of creators.

The Sistine Chapel has as its centerpiece Michelangelo’s “God Creating Adam.” All of our representations of God are symbolic. Nobody actually knows the face of God. The Greeks also never saw their many gods as creators. They were really seen as Titans who were mischievous to put it politely. When you died, you were judged, but not by Zeus, but by the three fates. So many ancient statues are beheaded because the ignorant early Christians thought every statue was a God.

Psychohistory examines the “why” of history, which in my mind involved the intention and actual behavior of why people and governments act the way they do. Effectively, what I have discovered is that when confronted with a similar set of events, those in power will always respond in the same manner.

Republics are the worst form of government because they always collapse into oligarchies. Even a dictatorship is better, for they are not prone to such corruption. Republics allow people to be elected, but there is no way to prevent them from doing things that are against the very people who elected them. When the bribes are too tempting, they simply can be bought, and that is always their fate. Unfortunately, the Founding Fathers believed Cicero which was the fake news of the day because he was an Optimate and part of the oligarchy. Hence, he distorted the account of Caesar for when he crossed the Rubicon. In reality, the Senate fled, and the people cheered Caesar as their savior from a debt crisis. (see: Anatomy of a Debt Crisis).

The only form of government that deserves a try in the face of the Democrats insisting on mail-in ballots is a direct democracy. The people must vote on every bill proposed, and there can be no adding of nonsense that has nothing to do with the bill. The Social Security Act was 16 pages. Obamacare was at least 33,000 pages. Nobody reads that type of legislation, and they make it that long to hide bombshells.

Who Raises Taxes During a Pandemic Already Creating Economic Turmoil? JoeBama, That’s Who


Posted originally on the conservative tree house March 30, 2021 | Sundance | 243 Comments

Think about the logical insanity of this position for a moment….  According to the Biden administration the economy is in trouble, people are struggling, and congress needs to spend trillions to bail out state, local and federal governments along with sending income subsidies to all Americans as the economic crisis around COVID continues.

Due to policies on energy, regulation and the COVID virus, simultaneously food prices are going higher, fuel prices are up 30 percent, overall energy prices are rising, transportation costs increasing and the inflationary impact on the middle-class is eating up their limited paychecks.

AT THIS EXACT MOMENT the same administration is now proposing a tax increase.

THINK ABOUT THE LACK OF LOGIC HERE.

(VIA AXIOS) […] The biggest-ticket item would raise the corporate rate from 21% to 28%. That’s worth $730 billion over 10 years, according to the Tax Policy Center.  The other three would:

  • Impose a global minimum tax on profits from foreign subsidiaries: $550 billion.
  • Tax capital gains as regular income for the wealthy and tax unrealized capital gains at death: $370 billion.
  • Return the top individual rate for those making more than $400,000 to the pre-Trump rate of 39.6%: $110 billion.

[..]  Democrats close to the White House don’t expect Biden to fight as hard for other expected proposals, including one that could raise some $740 billion by imposing new Social Security taxes on the wealthy.

  • His campaign plan to impose a 28% minimum rate on the wealthy, which would raise $220 billion, is unlikely to cross the finish line.
  • And making it harder for small businesses to claim deductions, which would bring in $140 billion, will likely encounter serious roadblocks.
  • Changing the ways estates are taxed, which would raise $220 billion, may not make it into the final legislation. (read more)

Supreme Court Continues to Protect Politicians


Armstrong Economics Blog/Rule of Law Re-Posted Mar 29, 2021 by Martin Armstrong

Supreme Court protects Hillary Clinton as expected. The Supreme Court refused to compel Hillary Clinton to testify about her email server rejecting a move by Judicial Watch. This is further proof that the Supreme Court is refusing to enforce the law when it comes to politicians.

Australia Committing Economic Suicide – Turning Hard Left


Armstrong Economics Blog/Regulation Re-Posted Mar 29, 2021 by Martin Armstrong

The Greens in Australia want to tax Billionaires 6% Wealth Tax annually (in addition to INCOME) as a property tax on everything this own from art right down to the watch they wear. They claim it will raise $11.2 billion over its first two years, it will cost the Australian Tax Office an extra $110 million to implement the policy and enforce compliance. But it does not stop there. It would apply to Australians who hold more than $1 billion in assets, no matter where they live, and non-residents who hold Australian assets worth more than $1 billion. Therefore, you can see how stupid these people are for they assume those they target would just remain in Australia and that foreign investment would certainly abandon Australia. This is on top of income taxes, and property taxes that already are in place.

I quit managing money domestically in the United States back in 1985. They came in for an audit and government employees MUST find something wrong because their view is nobody is perfect. They said they were going to write me up for improper record keeping. I asked what was wrong. They said my tabs on files were PINK and they were supposed to be RED. I am not one to cower from the government. I demanded their names and told them I would be filing a lawsuit against them personally. They dropped the nonsense and left. I then informed all my American clients that I would no longer manage money inside the United States. I returned all the funds and moved offshore. That incident transformed me into one of the first Hedge Fund Managers. Stupid regulation has an impact and the idiots behind it are too stupid to understand the consequences.

The political left never gets it. If they raised income taxes back to 90% again, I would just quit. Out of principle, I would simply refuse to work as an economic slave. They never read Atlas Shrugged. They think robbing others because they have more than they have is perfectly fine. So if they are walking down the street and someone sticks a gun in their face and says give me everything or your life, they too are justified because whatever they have is still more than the person with the gun.

I find it very interesting that these left-wing policies are actually forbidden by the Ten Commandments for they are built upon avarice and envy. The Seven Deadly Sins are Pride, Anger, Greed, Gluttony, Lust, Envy, and Sloth. What is interesting is the fact that what is in the Ten Commandments can be found in just about every religion since the dawn of time. This appears to be a human problem and they always justify it by saying it is not fair that someone else has something they do not. But then again, then do not want to work for it – Sloth.