Tag Archives: Bill Gates

Jan 11 2024

Bureau of Labor Statistics Fabricated One-Third of Newly Created Jobs in 2023


Posted Jan 11, 2024 By Martin Armstrong 
Jobs

The US government consistently lies on their jobs reports released by the Bureau of Labor Statistics (BLS). The agency initially cheered at the 3,140,000 new positions created in 2023, but later revised the figure down to 443,000. But wait, the BLS made another miscalculation in March to the tune of 306,000 jobs. This means that one-third of all new positions added in 2023 were a LIE.

Obviously they fabricated job growth under Biden in the wake of COVID regulations. Of course the economy added thousands of new jobs – you prevented businesses from remaining open for years! The Federal Reserve used this false data for monetary policy, continually citing a strong job market as one of the economy’s saving graces.

These calculations were FAR off to the point where the math cannot be seen as a mere error. The calculations were off for 11 out of 12 months last year. Let us look at history and ask the most important question: has this been done before? YES!

“By the time you include all the monthly revisions and the annual benchmark revision, about one-quarter of all the jobs we thought were added last year have been revised away,” E.J. Antoni, a research fellow at the Heritage Foundation’s Grover M. Hermann Center for the Federal Budget, told the DCNF. “That pattern of consistent downward revisions has happened in two prior recessions. It is a result of market conditions changing too rapidly for the BLS to adjust their methodology, which in turn causes consistent errors in measuring nonfarm payrolls.”

Unemployment_Rate 2022_04_14

The BLS has continually tailored their method for calculating employment. One of the key surveys used is the Current Population Survey (CPS), which is a monthly survey of households conducted by the U.S. Census Bureau for the BLS. The unemployment rate is calculated as the number of unemployed individuals divided by the labor force, multiplied by 100. BLS creates occupational employment projections in a product called the National Employment Matrix, which describes the employment of detailed occupations within detailed wage and salary categories, including those who are self-employed or employed by a private household. The BLS also develops participation rate projections using data from the CPS conducted by the Census Bureau. So there is inaccurate data coming from multiple places.

In 2023, the agency made changes to its calculations in 2023, including the implementation of a new weight smoothing procedure for state and metropolitan area employment data. They have recalculated this figure for Q1 of 2024 and will check back to see if the numbers are where they want them to be. Procedures for reducing nonsampling errors, such as data collection reinterviews, observed interviews, and systematic reviews of collected data. They claim that falling survey responses are reducing the accuracy of their reports. The agency also claims their statistical calculations are subject to a widening difference between preliminary and final releases.

So they have a general idea of employment in the country when they initially release their reports. Why bother to release them at all until the data settles? They know that the markets jump on anticipation of the monthly jobs reports and central banks and institutions factor that data into their planning.

So coincidentally, the BLS happens to be far off the mark during economic downturns. These must be the same people budgeting for the Pentagon or IRS, as the numbers they provide to the public simply do not matter and no one is ever investigated.

Jan 11 2024

US Kids Forced Out of School for Illegal Migrants


Posted originally on Jan 11, 2024 By Martin Armstrong 

The US invasion from the south has simply gone too far. These far-left politicians need to realize that the migrants cannot vote for them just yet, and they’re rapidly losing support among their own citizens due to policies that favor illegal migrants over taxpayers. New York, the friendly welcoming city, is now preventing children from attending school as they are converting tax-funded buildings into migrant shelters.

Around 1,900 migrants have been living in a tent city (Bidenville), Floyd Bennett Field, as the city seemingly exhausted every available resource. There were numerous reports of an uptick in crime among the illegal migrants who even began knocking door to door at personal residences to panhandle. Instead of ensuring the safety of NY residents, officials worried about the safety of the non-taxpayers who should not be in this in country amid the winter months.

New York government officials had the bright idea of moving 1,900 illegal migrants into James Madison High School. What about the kids who are attempting to learn in person after suffering through years of COVID restrictions? The US government told those children that they could no longer attend school and gave them LESS THAN ONE DAY of notice.

“To be clear, this relocation is a proactive measure being taken out of an abundance of caution to ensure the safety and wellbeing of individuals working and living at the center,” City Hall spokeswoman Kayla Mamelak said.

Teachers were dismissed from school early and will be forced to attend school virtually. The teachers had no time to prepare for virtual learning or lesson plans. The students were previously required to pass a metal detector when entering the building, but the illegal may bypass every single safety measure.

Why would they select a school building? All sporting events and school functions have been canceled. CBS reported that community leaders have offered officials a list of countless abandoned building nearby. The government quietly moved the migrants into the school overnight without notice to avoid protests or interference. Worse, they KNEW Floyd Bennet field was a flood zone and unsustainable for a tent city or Bidenville.

The Legal Aid Society and the Coalition for the Homeless issued a joint statement that calls the move “traumatic and disruptive” to students. The organizations noted that the city clearly has no long-term plan in place as they are unable to provide any details, such as how long the school will remain closed. ““Needless to say, today will be very traumatic and disruptive for these families. We fear, especially with more inclement weather expected this winter, that this is only a foreshadow of more problems to come, and we again urge the City to cease placing families with children at this facility,” the group noted.

Parents are completely outraged. Remove the tax on public schools if our buildings are being used to bribe future voters. The state of New York has prioritized ILLEGAL migrants over their own citizens. States are becoming increasingly desperate. They’d rather deport your child from the classroom than ask an illegal to go through the proper procedures to live in America.

Jan 11 2024

Why We Should Not Blame the Federal Reserve


Posted originally on Jan 10, 2024 By Martin Armstrong 

Fed Ship in STorm

One piece of analysis commonly misconstrued is the Federal Reserve’s role in the nation’s economic health. Even those who have the ability to piece together other variables that often go unnoticed commonly point their finger at the Federal Reserve. No one is factoring in the largest driver of inflation – WAR – nor are they factoring in the three main pillars of government debauchery (war, taxation, government spending) that the Fed cannot control.

Federal Reserve 12 Branches

They never look at the history of central banks and how Congress has been manipulating the law to alter the Fed’s purpose. If there was a single interest rate and one policy set in Washington, why do we even have branches of the Fed if they no longer act independently? When the Fed was created, the branches managed internal domestic capital flows. Each branch was independent, and they would lower or raise the interest rate in their jurisdiction depending on the flow of money. Too much cash? They lowered the rate. Not enough cash? They raised it. This was all before Keynesian Economics when the interest rate became the tool to manipulate our demand.

The San Francisco earthquake of 1906 created the Panic of 1907, which caused capital to rush from East to West. This created a shortage of cash in New York and led to bank failures. Hence, the Federal Reserve was created with branches to manipulate the internal capital flows – not the Quantity of Money Theory or the demand of the people.

Federal Reserve Restructure 1935
Roosevelt Baking Cartoon

Roosevelt usurped all the independence of the Fed and created a Washington monopoly to push his socialist agenda into place. We are hearing the same pitch of equality once again from Biden. The government is supposed to be separate from the Federal Reserve, but the president appoints the chair. The formerly independent central bank that was owned by the bankers to prevent the misuse of taxpayer funds is now under control by the banks only in theory; the reins of power are political.

The Federal Reserve failed to produce inflation while engaging in QE between 2008 and 2019. Most analysts ignore that entirely. If the Fed issued $1 trillion and buys in US Treasuries, I hate to tell you, but it would have ZERO impact. Why? Because debt today is simply cash that pays interest. Once upon a time, you could not borrow against government debt. Thus, it was deemed non-inflationary as long as it could not be used as money. Today, you post bills as collateral to trade futures. The old theories no longer exist in this new, strange world we live in. Hence, all the QE was merely swapping the debt for cash.

Also, consider where the Fed purchases its debt and who purchases US debt. China, for example, is no longer buying US debt due to US-China government relations that the Fed has absolutely no control over. Then, say China sold its debt for cash. The dollar would go offshore, and the domestic money supply would NOT increase. There is a lot more to this game than the simplistic analysis that leads to brainwashing the financial community and investors.

OldTheories Theory Myth r

Jerome Powell has no power over fiscal spending or the deficit. Central banks everywhere are trapped. The central banks in Europe are in FAR worse shape right now. When Powell stood before Congress and subtly criticized the Biden Administration by calling their constant spending “unsustainable,” he was attempting to explain that the central bank could not overpower the government here. The central bank can create elastic money, and it will return to doing so. Private capital is fleeing government debt on a global level.

In the end, the globalist agenda is to default on all national debts, and they will no longer need to bail out the bankers. Welcome to the Decline & Fall of Western Civilization.

Jan 11 2024

Tucker Carlson Outlines the Farmers Protest, the Biggest Protests in German History


Posted originally on the CTH on January 11, 2024 | Sundance

Nice to see Tucker Carlson bringing attention to the biggest protests in modern German history.  Eva Vlaardingerbroek left the Netherlands to provide support for the farmers in Germany.   WATCH:

[ BIG STORY BACKGROUND HERE ]

Jan 11 2024

MASSIVE PUSHBACK – German Railway Workers Join Farmer Protest – German and Polish Truckers Providing Additional Support


Posted originally on the CTH on January 10, 2024 | Sundance

Keep watching this story as much as possible folks. It might be difficult to find the details because Western corporate media do not want to cover the specifics, but the pushback deep inside the EU is well organized, planned and strong.

On day one, the German farmers began their protest, and began blocking transport hubs, main arteries and government buildings around the country.

On day #2, a large number of Polish truckers crossed the border to provide additional support and block the roads and border crossings.

Today, on day #3 of the protest, the German railway workers have joined.

You might remember the “solidarity” movement from the 1980s when the general working class in Poland took to the streets and triggered mass protests – eventually forcing the collapse of the governing structure. Well, here we are 40 years later, and a multi-nation force is aligned in the effort to duplicate the outcome. This is massive pushback against the globalist and WEF system.

The railway strike forces transport companies to use trucking.  The truckers are supporting the farmers.  The farmers are blocking the roads.  This is a multidimensional approach, well thought out and well planned.  Do not disregard what is taking place and understand there are many EU politicians watching closely. Germany is by far the largest economy in the EU.

[MEANA] – […] One of the key elements of the protests involves farmers organizing blockades on motorways and participating in slow-moving convoys. The discontent within the farming community was previously demonstrated in a mass protest held in Berlin in mid-December, prompting the government to make partial concessions. In response to the outcry, Berlin agreed to retain the preferential tax treatment of agricultural vehicles and postponed the cuts to diesel tax breaks until 2026.

Despite these concessions, farmers argue that the government’s measures are insufficient, leading to the announcement of an ‘Action Week’ featuring daily protests nationwide, scheduled from January 8. The farmers, represented by Joachim Rukwied, head of the farmers association DBV, insist on a complete reversal of the proposed cuts without any conditions.

Rukwied anticipates widespread participation, with tens of thousands of tractors converging at rallies across Germany. (more)

GERMANY – Nationwide strikes brought German transport to a near standstill Wednesday, with railway workers on a three-day stoppage and farmers on tractors blocking autobahns in a bitter protest over subsidy cuts.

The ill-tempered sector disputes mark the start of what is expected to be a challenging year for Chancellor Olaf Scholz’s unwieldy three-way government as it struggles with a weak economy and sinking popularity.

The GDL train drivers union called the strike on cargo as well as passenger routes after talks with public rail operator Deutsche Bahn hit an impasse. The company said 80 percent of its long-distance trains weren’t running.

Deutsche Bahn warned of “massive” disruptions to service until Friday evening, urging travellers to “avoid any unnecessary journeys” during the strike.

At Berlin’s eerily deserted central station, student Philipp Kolb, 22, said the strike had complicated his travel plans.  “I was supposed to take the train to Hamburg at 6 am,” he told AFP. “Now I have to push the trip back by three hours.” However passenger Piotr Bulej said he sympathised with striking drivers in the face of high inflation eating into real wages. “People work a lot more hours with less money. The prices rise every day, every week,” he said. “One has to protest, one has to say that.” ‘Continue the fight’. (more)

GERMANY – The nationwide blockade being launched by angry German farmers has received the support of Polish truckers, with some driving across the border to express their solidarity.

Farmers in Germany are taking their anger to the streets over the economic and agricultural policies announced by Olaf Scholz’s government.  […] The protests, expected to last for the whole week, are being supported also by truckers coming from neighboring Poland, clips and reports emerging from social media suggest. (more)

Misplaced corrective action, regardless of motivation, is neither prudent nor wise.  This approach by the blue collar and white collar middle class is EXACTLY THE RIGHT APPROACH.   This is the way to bring the elite ruling class to their knees.  This is what they fear:

We are the workforce.

We are the backbone of industry, the people who keep it all functioning, the farmers, truckers, builders, diggers and blue-collar workforce that keeps everything functioning.

We are the people they will never fully control. We speak in languages they do not understand, and we absorb targeted ridicule as fuel.

We are the movers of goods, the truckers, the farmers, the nameless people behind the skilled trades that keep what they call American society moving.

We are the people who grow the food, pick the food, transport the food, stock the food, cook the food and facilitate the life they live.

We are a visible, yet disregarded, insurgent force within their sphere of life that is never considered, yet we control the outcomes of every moment they value.

We pick up the trash, answer the phones, run cables to their devices, mow their lawns, solve their problems, control the flow of essential services and keep our heads below the radar.

We are the majority.

We are a self-reliant, freedom loving, normally peaceful and God-fearing assembly.

We drive them to their destination; we are comfortably out of mind until needed, and yet we are irreplaceable for the things they require.

We are armed with gloves, tractors, trucks, tools, hammers, pens, rulers, mice, pickup trucks, laptops, post-it notes, stickers and alternate forms of messaging that circumvent the control mechanisms deployed to create our silence.

We are inside every facility, every institution, every meeting, every moment of their existence – and we notice everything.

We have eyes of mice and ears of elephants. We are there when they do not expect, and we melt away before they notice our appearance.

We are smart, strategic, highly intelligent and carry a brutally obvious and pragmatic common sense that finds optimal solutions to everything.

We identify our tribe immediately and without conversation.

We see what they hide, we hear what they whisper, we decipher their codes, and we understand the complexity they create in their effort to conceal.

We control the physical world that operates around every element of society, and we value real and tangible assets.

We do not sit around pontificating eloquently about philosophic nuances; we get shit done.

We are the people who facilitate their ability to take us for granted, and we do so without issue, resentment or desire for recognition.

We are optimistic, affable, kind, generous, friendly, loyal, warm and quietly spiritual in purpose.

We are polite, considerate and slow to anger.

We prefer to be left alone. However, pushed entirely far enough, decisions are reached. Right now, we are tenuously staring with deepened gaze.

We are increasingly pissed off…. Big Time!

In every town, village and hamlet we are encountering the same conversation. On every porch, in every shop, at every event, the topic is the same.

Support every effort that begins!

Jan 10 2024

Media Literacy and Disinformation Courses in Public Schools


Posted originally on Jan 10, 2024 By Martin Armstrong

Disinformation

As of January 1, California now requires students to learn media literacy throughout K-12. Will this curriculum update teach kids to fact-check the biased mainstream media or question everything? No. This bill is aimed at dismantling what the establishment has deemed as “misinformation” in recent years with the goal of rewriting history. Governor Gavin Newsom signed Bill No. 873 which will incorporate media literacy into every branch from mathematics to science and history.

Assemblymember Marc Berman, a Democrat, voiced concerns over children having access to uncensored information online. “As we’ve seen too often in the last decade, what happens online can have the most terrifying of real-world impacts,” the statement continued. “From climate denial to vaccine conspiracy theories to the January 6 attack on our nation’s Capital, the spread of online misinformation has had global and deadly consequences.”

Questioning the mainstream narrative is now prohibited. Children as young as 5 will learn NOT to ask questions or inquire about the status quo. They will be indoctrinated to rely solely on the government for reliable sources, and all school work from kindergarten until Senior year will rely on the “facts” touted by the government.

Stanford, home of the CIA’s MKUltra experiments, has implemented media literacy curriculum. Students are forced to create content on social media to combat disinformation, such as creating videos on the safe and effective mRNA vaccines. We already know that they push far-left ideals at universities, but they are now forcing everyone to think in unison to pass their classes.

RussianTextbook2023Trump2020lostrigged

The MSM gasped when it was revealed that Russian textbooks had been revised to say that the 2020 US Presidential Election was rigged. Governments continually rewrite history to align with the narrative they see fit.

The Constitution no longer holds weight in American politics. The First Amendment has died. There is nothing the governments fear more than a free-thinking society that questions our world and those in charge.

Jan 10 2024

Hopelessly Corrupt – Judge James Boasberg Gives Ray Epps the James Wolfe and Kevin Clinesmith Treatment, Probation for Ray Epps


Posted originally on the CTH on January 9, 2024 | Sundance

James Wolfe was the Senate Intelligence Committee Security Director who leaked the top-secret Title-1 search warrant FISA application to journalist Ali Watkins on March 17, 2017.  When Wolfe was busted by the FBI his lawyers threatened to introduce evidence in court that he was instructed to do so by SSCI Vice-Chairman Senator Mark Warner. The DOJ dropped the classified document leak charge, and instead charged him only with lying to investigators.  Wolfe received probation.

In March, 2023, when I wrote the outline about Judge Boasberg being the corrupt DC judge who broke the constitutional restrictions on executive privilege, which technically forced Mike Pence to turn over his notes and testify to James Smith and the DC grand jury, I said at the time, “The entire judicial system is corrupt, soup to nuts, all of it.”  I was not using hyperbole.  {Go Deep – Go Deeper}

This is the same Judge Boasberg who sat as presiding judge on the FISA court.  The same Judge Boasberg who gave FBI lawyer Kevin Clinesmith a slap on the wrist for manufacturing evidence used in the Carter Page FISA application that defrauded the court.  The same Judge Boasberg who appointed former DOJ-NSD head Mary McCord as amicus curiae advisor to the court, after she knowingly and fraudulently submitted the FISA application to the court.

Today, Judge Boasberg gave J6 FBI agent provocateur Ray Epps a sentence of probation. [Read Courtroom Here]

[READ THIS]

Judge James Boasberg is not just openly and visibly aligned with the most corrupt activity within Washington DC, this is a federal judge who is laughing at the inability of anyone within the system to do a damned thing about it.

We need a reckoning, a serious and massive foundational reset, the likes of which we have never seen in our nation’s history.

Pray thankfulness.

Pray for wisdom.

Pray for resolve.

Pray for strength.

…. Then prepare!

Jan 9 2024

The Next Supply Chain Crisis?


Posted originally on Jan 8, 2024 By Martin Armstrong 

yemen houthi 770x385@2x

The kids Obama attempted to bomb in Yemen all those years ago grew up fast. They’ve now formed surprisingly efficient militias who hate the West and have become powerful enough to impact global trade. Yemeni Houthi rebels are blocking carriers from passing through the Suez Canal and have created near pandemic-level disruptions to the supply chain.

The militia is currently in route to the Suez Canal via the Red Sea. There has been a 25% drop in commercial traffic through the Suez Canal since November. They were initially targeted shipping liners linked to Israel, but began targeting everyone by December. International shipping liners are doing everything to avoid passing through the Gulf of Aden and South Africa. This has completely altered trade between Europe and Asia as the trip is significantly longer.

cargoshipsportofloasangeles

Longer trips equate to higher shipping costs. The cost to move a 40-foot container from Asia to Northern Europe now costs $4,000 – a 173% increase. The route from Asia to the US have risen by about 55% since December at around $3,900. The Shanghai Containerized Freight Index (SCFI), a different calculation for the cost of goods shipped from China, believes costs have skyrocketed 161% since December 15, 2023.

So far, 18 companies have rerouted their orders to avoid the conflict. Shipping rates are now DOUBLE 2019 pre-pandemic levels. The IMF believes 3.1% of ALL world trade is fleeing the Red Sea.

The price of goods will rise, and that will be passed onto consumers; inflation will rise. Governments will be forced to step in to prevent the Houthis from further disrupting world trade. Lives will be lost. And now the West has a valid reason to begin the Israeli canal that they’ve been envisioning for years. This is only the beginning of what will be a violently expensive situation that will send ripple effects throughout the global economy.

Jan 9 2024

WEF: Gen Z Will Accept CBDC


Posted originally on Jan 8, 2024 By Martin Armstrong 

WEF Schwab You Will Own Nothing

The World Economic Forum recently published an article explaining how banks can attract the youngest members of the global workforce. Gen Z (born between 1997-2012) is the first generation to grow up with the internet. Younger Millennials had access, but not to the extent of Gen Z who does not recall life before smartphones. The WEF is looking for ways to profit on their trust in digital products.

The article notes a survey by Oliver Wyman Forum that found that Gen Z has confidence in traditional brick-and-mortar branch banks, with 43% indicating the physical locations give them “peace of mind.” Around 72% of adults in that demographic use “neobanks” which are online-only but various apps and updated features that actually do simplify banking for young individuals. The WEF believes merging the two will benefit the generation who will own nothing and be happy.

They speak of how Gen X is more likely than Millennials to begin investing in equities at a young age, but they fail to note that is because no one trusts government investments. As for young investors, bonds and traditional vehicles are simply boring. Their risk tolerance is much higher. We saw the Gamestop phenomenon and the countless people who lost it all while shouting “DIAMOND HANDS” and “HODL” (yes, I have heard the lingo against my will) as they were misled into believing that they had the power to manipulate the markets.

The WEF also discusses how Bitcoin and cryptocurrencies appeal to the younger investor, but that it “does not imply any rejection of traditional sources of money.” Wrong!

“To build lasting relationships with Gen Zers, however, banks need to combine their physical presence with a competitive, exciting digital offering – including in the metaverse, where many members of this generation spend time. Banks must also provide services that satisfy Gen Z’s demand for convenience, choice, value, sustainability and hyper-personalization.”

Do you see where this is going? The WEF believes that Gen Z will be more willing to accept the idea of digital currency. They will market it as “exciting,” using their own word, and simply another modern technological advancement. They know that the next generation does not have the life experience to understand the full scope of what is happening. It would come as no surprise if the globalists began marketing digital currency to a younger audience first, especially before it becomes mandatory.

Jan 9 2024

Georgia Court Filing Alleges DA Fani Willis Appointed and Paid Her Lover, Nathan Wade, $654,000 to Prosecute Donald Trump


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

Well, well, well… isn’t this interesting.  In a court filing today [SEE pdf HERE], one of the co-defendants in the Fulton County election case against President Trump is presenting very specific details of an intimate relationship between District Attorney Fani Willis and the Special Prosecutor she hired, Nathan Wade.

At first review, if the allegations are true, DA Willis had a financial motivation to initiate the case against Trump, as her boyfriend was the primary financial beneficiary.  The filing documents how Fani Willis and Nathan Wade took several extravagant vacations and indulged in an exclusive lifestyle as the result of payments Willis’s office made to Wade.

If investigated as accurate, this could be very legally problematic for the Fulton County District Attorney and her case against President Trump.  The conflict of interest is very bright under this spotlight.  [Also, lolol ]

ATLANTA – District Attorney Fani Willis improperly hired an alleged romantic partner to prosecute Donald Trump and financially benefited from their relationship, according to a court motion filed Monday which argued the criminal charges in the case were unconstitutional.

The bombshell public filing alleged that special prosecutor Nathan Wade, a private attorney, paid for lavish vacations he took with Willis using the Fulton County funds his law firm received. County records show that Wade, who has played a prominent role in the election interference case, has been paid nearly $654,000 in legal fees since January 2022. The DA authorizes his compensation.

The motion, filed on behalf of defendant Michael Roman, a former Trump campaign official, seeks to have the charges against Roman dismissed and for Willis, Wade and the entire DA’s office to be disqualified from further prosecution of the case.

Pallavi Bailey, a Willis spokeswoman, said the DA’s office will respond to Roman’s allegations “through appropriate court filings.” Wade did not immediately respond to a request for comment.

It is unclear if the explosive issues raised in the filing undermine the validity of the indictment against Trump and the remaining 14 co-defendants or simply muddy the waters by questioning Willis’ professional ethics.

One ethics expert said that the the allegations, if true, raised serious questions.

Stephen Gillers, a professor emeritus at New York University Law School who has written extensively about legal and judicial ethics, said a closer look at Willis’ decision-making is be needed before it can be determined whether the indictment should be dismissed.

If the allegations are true, Gillers said, “Willis was conflicted in the investigation and prosecution of this case” and wasn’t able to bring the sort of “independent professional judgment” her position requires.” (read more)

[Source pdf]