Tag Archives: Cannibalism

Oct 17 2022

Guaranteed Basic Income Pilot Includes Illegal Immigrants


Armstrong Economics Blog/USA Current Events Re-Posted Oct 17, 2022 by Martin Armstrong

An Illinois county is paying illegal immigrants for making it across the border and winding up in the mess that is the Chicago area. US taxpayers already pay around $20 billion annually to support those who entered illegally, but that amount is expected to rise significantly. Although impossible to forget, this is occurring on the backdrop of serious inflation and a looming global recession. Now, lawmakers are promising Guaranteed Basic Income to this same group.

The Cook County Promise Guaranteed Income Pilot is testing Guaranteed Basic Income on 3,250 households across the county. They will each receive $500 per month with “no strings attached.” Again, free money is never free. Those eligible must be adults 250% beneath the federal poverty line or households over four earning under $69,375.

It is estimated that 36% of county residents will be permitted to apply. “Participants are free to spend the money however they see fit to meet their needs, within the bounds of the law,” the website states. “This pilot is open to all residents of Cook County, regardless of your immigration status. This means that if you are undocumented, or your household is a mixed-status household, and you meet the eligibility criteria above, you are eligible to participate.  We will not share information on immigration status with Immigration and Customs Enforcement (ICE) or with the United States Citizenship and Immigration Services (USCIS).”

They claim the funds will come from the American Rescue Plan Act, an act funded by Americans that was intended for Americans. Welcome to modern-day America where individual counties are permitted to practice socialism at your expense.

Oct 17 2022

Putin is Not the Madman – Biden is Just Senile


Armstrong Economics Blog/Russia Re-Posted Oct 16, 2022 by Martin Armstrong

I feel sorry for you for those who believe the propaganda put out to justify a war that Putin is this madman. Be careful what you believe and wish for. You probably think the government really cares about you and your future. You probably still wear masks driving alone, or even when you sleep, and possibly a condom just in case for good measure.

There are those of us who have REAL contacts and who understand REAL geopolitics and the way governments create wars by filling the minds of their people that there are weapons of mass destruction. Now even a former MI6 agent has come out and said the same thing. You better be careful what you wish for. Putin was selected by Yeltsin BECAUSE he was not a Communist and was moderate. Yeltsin was under siege from the communists who did want to resurrect the USSR and the oligarchs who wanted to strip mine Russia for themselves. If Putin was a communist, Yeltsin and his family would have been in prison.

I have all the declassified documents from the Clinton Administration that CONFIRM that Putin was nothing that the propaganda is all about. He NEVER sought to resurrect the USSR. As far as the KGB, he was never high-ranking and quit in 1991 as soon as Russia fell. All of the comments put out there by John McCain were outright lies. I have the security briefing he read and said the opposite because he was a Neocon who just wanted endless wars.

So you can believe all the BS. They need you to do that to wage war and offer your life on their altar of political agendas. If you think you will be an armchair general and watch this war on CNN, sorry. It will come to a neighborhood near you. I just thank God I am not 18. The future these people want is total insanity. The Weimar Republic in Germany took place because it was a revolution against the imperial government that always waged war. We face the same fate when the people realize this has been a mountain of lies for a political agenda. When Zelensky came to power, he promised peace. He was then instructed by the West that was not acceptable. The West promoted the civil war in Ukraine.

It is the hardliners putting pressure on Putin because he has been “too soft” on Ukraine. Replace Putin and we will get World War III. Zelensky better pack his high-heels in an emergency exit bag.

Oct 17 2022

Zelensky Still Pushing to Start World War III


Armstrong Economics Blog/Ukraine Re-Posted Oct 16, 2022 by Martin Armstrong

Ukraine is doomed unless it removes Zelensky from power. I have warned that this guy whose only qualification is to dance in high heels, is a threat to the entire world. The West has cheered him and has been using the Ukrainian people as cannon fodder for their war to conquer Russia is endangering everyone, everywhere. His latest plea is for the West to send troops to guard the border with Belarus. Vladimir Makei, Belarusian Minister of Foreign Affairs, has responded that deploying a mission of representatives of Western countries on the Ukrainian-Belarusian border would be equivalent to “these third countries directly engaging in the Ukrainian conflict.” Indeed, Zelensky knows what he is asking for and has already said many times that World War III has already begun.

Zelensky has his hundred of millions stashed offshore. The Ukrainian people better wake up. Their country will be left in total ruin and the flow of billions will come to an end. War ALWAYS costs more lives of civilians than soldiers. That is true of every war from World War I to Vietnam. This is a proxy war by Neocons who just hate Russia and push for its extinction. I have been warned that their designs will fail. They think they can conquer the world like Napoleon waging war neatly one at a time. That will fail. China will NOT stand by and allow Russia to be defeated for they know they will be next. This is total insanity, and there seems to be no leader anywhere who dares to even suggest peace. China has also told its citizen to leave Ukraine now. The window is closing and if the Ukrainian people think this high-heel dancing head of state will stand there with the last man, they are dreaming. He will have his private jet waiting to take him to his blood money.

To those Ukrainians living in Germany and thinking there will be something to return to, you better think again. Beware of November.

Oct 16 2022

Crimea


Armstrong Economics Blog/Ukraine Re-Posted Oct 16, 2022 by Martin Armstrong

https://youtube.com/watch?v=jHBiKoc7NoM%3Ffeature%3Doembed%26wmode%3Dopaque
Oct 15 2022

Canadians Beware


Armstrong Economics Blog/Canada Re-Posted Oct 14, 2022 by Martin Armstrong

QUESTION: Martin

If we are going to have a war is my money safe in my Canadian banks, or should I have some cash?

Regards

ANSWER: Canadians should keep some US dollars in cash. Trudeau canceled high-value notes. As of January 2021, he obtained the power to cancel Canadian currency as they do in Europe. Once that power was exercised, he would do it again. He is entirely on board with Klaus Schwab and this agenda of the World Economic Forum is intentionally pushing for war with Russia.

As I have said, Putin had ZERO intention of conquering Ukraine. This has been a propaganda war. The first thing you do is take down the power grid. I think if war is to come, Putin can wipe out Europe very easily – take down the power grid. With digital currencies and electric cars, this will only leave society extremely vulnerable as never before. So you want cash, for banks can be shut down by targeting the power grids.

Oct 15 2022

ICC Trying to Justify Charging Putin


Armstrong Economics Blog/Rule of Law Re-Posted Oct 14, 2022 by Martin Armstrong

Sources at the ICC have revealed a shocking account that all the lawyers there are trying to just talk trash to justify charging Putin with war crimes. First of all, they have no jurisdiction over ANY head of state. In addition, Neither the United States nor Russia signed the agreement that would allow any of their citizens to be charged in that court.

Worst still, these absolute morons are GUARANTEEING World War III cannot possibly be avoided. When you start accusing your adversary like this, you have guaranteed there will now NEVER be any peace negotiations. So just get ready. Our computer, unfortunately, has never been wrong. I have tried my best to speak out against this war and all the propaganda that fills the air. We just have to resolve that those in power want war as a diversion from the meltdown in government bonds. They think this war would be conventional and so what if a billion people die – there are too many of us anyway from their perspective.

Some say we deserve it for voting in people like Biden, Trudeau, and all the other incompetent world leaders. Maybe they are right. Even Macron of France called Biden’s Armageddon Speech insane. The ICC has lost all credibility as they try to pretend to be tuff.

Oct 14 2022

STEVE BANNON: WE ARE NEARING A FINANCIAL CRISIS – THIS IS WHAT IT MEANS FOR THE AMERICAN PEOPLE


The Charlie Kirk Show Published Originally on Rumble on October 12, 2022

Charlie and Steve are both good to listen too

Oct 14 2022

New Interview: The Plot to Seize Russia


Armstrong Economics Blog/Armstrong in the Media Re-Posted Oct 14, 2022 by Martin Armstrong

Watch the video above or click here to listen to my latest interview.

Commentary from Rico Potkaars:

"Historian and Economist Martin Armstrong, as a computer programmer created the system called socrates that analyses history, current affairs and the flow of money and extrapolates to what may lie ahead. It gave him the nickname ‘the Forecaster’ and a documentary that to this day is forbidden in the USA.

Armstrong through FOIA retreived information from the Clinton Library about what happened after the Soviet Union fell. He’s written that down in a book called ‘the Plot to Seize Russia.

In this interview we discuss his upcoming book, the current state of collapsing global finance and the inescapable war on Russia as a result of that.."
Oct 12 2022

Liz Truss’ Approval Plummets


Armstrong Economics Blog/Politics Re-Posted Oct 12, 2022 by Martin Armstrong

Truss inherited a beaten-down United Kingdom. The Bank of England declared that a recession was inevitable, sterling continues to fall, pension funds are evaporating, and the death of the queen caused an overall feeling of pessimism. Recent polls show that Truss is actually less popular than her predecessor Boris Johnson, even when Johnson was under fire for partying amid COVID lockdowns. Liz Truss currently has an approval rating of -47.

Theresa May had a score of around -46 before she resigned. Based on an Opinium poll of around 2,000 people, 53% would like Truss to resign. Even around 25% of Tory voters want her out of office only a month into the job. Even voters divided over the Brexit ruling disapprove of her with 61% of Leave voters noting disapproval, as well as 61% in the Remain camp.

“I am prepared to be unpopular,” Truss said shortly after taking office. Her proposed tax cuts for the wealthy and removal of caps on bankers’ bonuses caused the average citizen to feel as if she did not represent them. The International Monetary Fund said her plans would “increase inequality,” only adding to her criticism. She is under pressure to increase welfare payments and social programs.

Truss simply inherited a massive problem. Her government is also blamed for the rising mortgage crisis. The Bank of England is set to meet again on November 3, but many believe they may reveal their policy beforehand. They want to avoid the downturn that occurred after the mini-budget was released at the end of September. In the end – it is politics. Truss needs to appeal to the people before the Conservatives find a replacement scapegoat.

Oct 11 2022

The Bank of Canada Should Admit QE FAILED


Armstrong Economics Blog/Canada Re-Posted Oct 11, 2022 by Martin Armstrong

In 2020, Pierre Poilievre, chief Conservative spokesman on finance issues, said Canada’s central bank “should not be an ATM for Trudeau’s insatiable spending appetites.” Conservatives cooperated with the Liberals when it came to COVID-19 emergency spending. Everyone was in on that power grab. Now the nation is in worse shape, further in debt, and inflation is soaring.

Yet, Trudeau continues to spend recklessly without hesitation. The Bank of Canada (BoC) should remain neutral on political issues. Similar to the Federal Reserve, the BoC is the largest buyer of domestic debt. In response to criticism, the bank launched a social media campaign to deflect blame. “#YouAskedUs if we printed cash to finance the federal gov’t. We didn’t,” the Bank of Canada tweeted on August 25. Due to the pandemic, the central bank “took various measures, like buying bonds, to support and ensure a strong and stable #economy,” the bank tweeted. “We bought existing gov’t bonds from banks on the open market. Why? This helped unblock frozen markets at the start of the #pandemic. It let households, companies and governments access funding when they really needed it.”

This is the problem with those who believe they can manipulate the economy. Governments completely shut down the world for over a year and then claimed that they needed to spend as much as possible to save us from the crisis they created. “We did not use cash to pay for the bonds. We bought the bonds with settlement balances — a kind of central bank reserve — not with bank notes,” the bank continued to Tweet back in August. Basically, the strategy all along was Quantitative Easing. It failed.

They artificially lowered rates for too long and purchased government debt with no method for repayment. Their stupid idea of Quantitative Easing and lowering rates were under their theory that people would borrow if it were cheap enough. The central banks fail to understand that people will absolutely not borrow at any rate if there is no confidence. It has become conventional wisdom that when all else fails to make economies grow, create new money and buy government bonds. Of course, the “all else” never includes deregulation and lowering taxes.

Now Governor Tiff Macklem is posting videos on Twitter to explain why the bank raised rates by 300 bps in the past six months. Yes, “inflation is too high,” as Macklem pointed out, but he’s acting a bit too late. “It is by raising interest rates that we’re going to slow spending in the economy, give the economy time to catch up and take the steam out of inflation,” Macklem said in the video. “That’s gonna [sic] get inflation back down.” WHAT ABOUT GOVERNMENT SPENDING? Monetary policy does not align with the bank’s goals, as Trudeau’s continued spending will prolong inflation.