How Companies Prevent Unionization – Diversifying the Workforce


Posted originally on Aug 15, 2024 By Martin Armstrong 

LGBTQ

Divide and conquer is a common technique used by businesses to prevent unionization. Numerous studies throughout the years have discovered that highly diverse workforces have a far lower risk of forming a union. The same phenomenon is found through divisive politics, which aims to weaken the strength of the people by dividing us from our identities as citizens and instigating an emotional response that causes us to align more so with our race, gender, religion, social class, and voting patterns rather than citizens of a nation. In the workforce, DEI initiatives are only intended to weaken the power of the collective.

Racial Diversity and Union Organizing in the United States, 1999–2008, published in 2015, analyzed 7,000 organizations between 1999 and 2008 to see which ones were more likely to unionize. Researchers compared the National Labor Relations Board’s information on union activity with the Equal Employment Opportunity Commission’s surveys of large establishments to identify racial diversity among employees. “The study finds that more diverse establishments are less likely to see successful organizing attempts. Little evidence is found, however, that this is because workers are less interested in voting for unions. Instead, the organizers of more diverse units are more likely to give up before such elections are held,” the study found. Why? The employees were more likely to blame racial injustice for unfair work practices rather than realizing that the entire workforce as a whole was facing injustice.

DEI Text

Whole Foods created a heat map to track the risk of unionization and compiled data from the National Labor Relations Board. The company looked at “external risks,” “store risks,” and “team member sentiment.” Stores in closer proximity to other unions had a higher rate of external risks, as did stores with a higher percentage of families living under the poverty line in the store’s respective zip code.

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Store risks showed a direct correlation between diversity and unionization:

“Store-risk metrics include average store compensation, average total store sales, and a “diversity index” that represents the racial and ethnic diversity of every storeStores at higher risk of unionizing have lower diversity and lower employee compensation, as well as higher total store sales and higher rates of workers’ compensation claims, according to the documents.”

Team member sentiment was also adversely affected by diversity. Once again, employees were more likely to feel that management was singling out people based on race than believe that management had implemented unfair practices against the collective workforce.

Amazon, the parent company of Whole Foods, has been combating unionization efforts for years. Both companies promote DEI initiatives and tout high scores on the Human Rights Campaign’s CEI scoring. In truth, they spent money to learn how to weaken the power of their workforce.

At a higher level, we see these same divisive practices from world leaders who hone in on our differences to diminish the power of united citizens. This is why we see woke policies, DEI hiring, and an increased insistence that we defend our individual identities that we were never at risk of abandoning. It is why they want us to feel confused in our own skin, the reason they ask children in elementary school to choose their pronouns and sexuality. This is why the slavery reparations argument resurfaces every few months and why they want to impose late-term abortion in the Bible Belt rather than allowing individual states to decide. Everyone is focused on defending their identity based on race, religion, etc., rather than realizing that those at the top effectively turned neighbor against neighbor.

Ep. 3427a – D’s Panic About The Economy, Try To Change Narrative, Gold Will Destroy The Fed


Posted originally on Rumble By X 22 Report on: Aug 14, 2024 at 8:15 pm EST

Marriott Sues Franchisee for Profiting on Migrant Crisis


Posted originally on Aug 14, 2024 By Martin Armstrong |  

Migrants.ObamavAdams

Some were led to believe that the hotels offering shelter to migrants were on some philanthropic mission. Quite the contrary as these hotels were paid by their respective Sanctuary Cities with taxpayer funds. Marriott International is now suing one of its franchisees for breaching their contract by collaborating with New York City to turn the hotel into a migrant shelter.

The Aloft and Element hotel in the Jamaica neighborhood of Queens managed to fill every room in its establishment after partnering with New York City. The franchisee, Pride Hotel LLC, failed to notify Marriott that it was converting its establishment. The average room was prices at $156 per night but some reports state the city paid up to $300 per night. Marriott claims that the “lucrative contract” resulted in “significant harm” to the establishment and is seeking $2.6 million in damages.

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American taxpayers funded the migrant shelters. The media misled the public into believing that big businesses simply made room out of the goodness of their hearts to house these illegal persons. Yet, New York City spent an estimated $4.88 billion in taxpayer funds throughout the past few years on illegals, with up to $2 billion being spent on migrant shelters. About 80% of the shelters, 153 of the 193 in the Big Apple, were hosted by hotels.

We leave our veterans and homeless on the streets to rot. These Sanctuary Cities have spent untold amounts on promoting open border policies and question why their city budgets are imploding. Absolutely nothing has been done to curb the migrant crisis in New York City and we should only expect the situation to worsen if the open border candidate remains in power.

UK Govt Arresting Citizens over Mean Tweets


Posted originally on Aug 12, 2024 By Martin Armstrong |  

The UK government is in a state of panic as its citizens continue to protest for immigration reforms. When governments are in a panic, and threats cease to hold weight, they look to silence dissent. UK authorities have resorted to jailing hundreds of citizens for speaking against the government’s agenda on social media.

UK Prime Minister Keir Starmer claims that this witch hunt is intended to sniff out anyone who could potentially incite hate speech. You do not need to commit a crime to be arrested. The director of public prosecutions of England and Wales, Stephen Parkinson, said that authorities are “scouring” social media to hunt down citizens. “We do have dedicated police officers who are scouring social media. Their job is to look for this material and then follow up with identification, arrests, and so forth, “ he proclaimed. Retweeting or liking a post can be deemed an imprisonable offense.

Police officers are raiding homes and forcibly removing citizens based on their social media usage. As a reminder, the final straw was the murders of three innocent little girls who were stabbed to death during a dance class. There has been a massive rise in crime, especially against women and girls, but the authorities have done NOTHING to protect their own citizens from the unvetted migrants living a taxpayer-subsidized life.

Britain has done this discreetly over the years. Over 5,000 people were arrested for speaking their mind online between 2008 and 2017. The Communications Act of 2003 permits the authorities to arrest someone over offensive or menacing messages via electronic communications. Section 127 defines how electronic communications could be used illegally in an extremely broad way. Anything deemed “grossly offensive, indecent, obscene, or menacing” is grounds for an arrest. This also gives the government the ability to search citizen’s private text messages for anything that could offend the status quo.

The messaging does not need to be threatening. There are reports of people being imprisoned for simply sharing the wrong identity of the child murderer or questioning UK immigration policies.

The World Economic Forum has successfully penetrated the highest offices in your government and your elected officials are no longer there to serve you or their nation. Your government hates you and has deliberately imported millions of undocumented migrants to destroy your culture.

Did the WEF force Harley Davidson to go Woke?


Posted originally on Aug 12, 2024 By Martin Armstrong 

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It seemed like a blatantly poor business decision for American motorcycle manufacturer Harley Davidson to go woke. After all, the company is associated with conservative values and masculinity. The company installed CEO Jochen Zeitz who represents everything the brand’s core base is against – climate change, trans care for kids, DEI efforts, and other woke policies.

Now I should mention that Blackrock owned an 8% share in Harley Davidson, the fund that has forced businesses to comply with “woke social scores” to secure funding. After installing Zeitz, the company suddenly partnered with United Way and the Human Rights Campaign. The CEI (Corporate Equality Index) was created by the HRC (Human Rights Campaign), a massive international political lobbying group that pushes the woke agenda aggressively and is funded by Soros. The CEI judges a company’s woke rating, while the ESG encompasses everything.

CEI.WokeRating

These companies are not trying to appease the LGBTQ+ community; they’re trying to appease BlackRock so that they can maintain high social credit scores and maintain funding. And who is Blackrock trying to appease? The World Economic Forum, where current CEO Jochen Zeitz was once employed. He took it upon himself to fund “The B Team” which aims to force businesses to adopt social policies.

“Plan A—where business has been motivated primarily by profit—is no longer an option. We knew this when we came together in 2013. United in the belief that the private sector can, and must, redefine both its responsibilities and its own terms of success, we imagined a ‘Plan B’ – for concerted, positive action to ensure business becomes a driving force for social, environmental, and economic benefit. We are focused on driving action to achieve this vision by starting ‘at home’ in our own companies, taking collective action to scale systemic solutions and using our voice where we can make a difference.”

Shareholders certainly do not care about business being motivated by anything other than profit. Blackrock and others have tried to move away from the disastrous CEI score but something behind the curtain is forcing these companies to comply. The B Team is working toward Agenda 2030, which seems foolish to align a fossil-fuel driven company with climate initiatives.

There is an ulterior motive that is forcing these companies to go woke, but what is the alternative? We see what has happened with Budweiser, Target, Starbucks, John Deere, the list goes on. Now, Harley owners are selling their bikes and vowing never to buy from the company again. Employees at the company are being forced to undergo DEI training and take classes to become an LGBTQ ally. But the company is now appeasing the WEF and Blackrock with its Human Rights Campaign social CEI score of 90.

Walz Passed Destructive Policies That Allowed People To Kidnap Children For Trans Surgeries


Posted originally on Rumble By Bannons War Room on: Aug 07, 2024 at 07:70 pm EST

Emergency Rate Cuts Never Work


Posted Aug 7, 2024 By Martin Armstrong 

Fed Emergency Rate Cut March 4 2020

COMMENT: Marty, it is always obvious why you were named Economist of the Decade, Hedge Fund Manager of the Year, and FX Analyst of the Year for the Swiss Peg break. As you said on the private blog;

“Let’s see but it appears that we could have a bear trap forming with a plunge into Monday but then a bounce. Monday would be a 3-day reaction plunge. There remains the risk of a bounce and then a more serious pattern forming in September.”

Your skills are renowned, but your motive is to help society. People need to know that governments and central bankers go to you because you do not charge them and have no conflicts of interest. You could keep Socrates, trade only for yourself, and make a fortune. But you care. While others claim the Fed should pull an emergency 0.25% base cut, only you point out that theory never works.

Many are concerned that you have no one to pass Socrates on, and you have toyed with the idea of going public for its survival. There are those among us who share your view and would help.

Please comment on that for society.

Paul

Emergency Rate Cut 3 4 2020

REPLY: Look, 99% of the analysis you hear on TV is nonsense. These are people who repeat the same stupid theories that everyone else does, and not a single one ever takes the time to investigate whether their statements are true or false. Be it FOX or CNN; they only allow analysts who speak the same fake analysis. They would never dare to put me on TV because I would contradict what they say and all their guests.

This is typical of what the Daily Mail just published: “Economist issues dire warning about the US economy.”

He places the blame on the Fed for keeping its main interest rate at a two-decade high since 2022 in its zeal to stifle inflation.

Those hikes are now hitting the economy hard, he said, suggesting the Fed should have lowered rates earlier.

‘I really do worry that we may lose US economic exceptionalism because of a policy mistake,’ he told Bloomberg TV, as worldwide markets continued to plummet.

Here is the last Emergency Rate Cut, which was on March 4th, 2020, in the middle of that plunge. Three days later, the market made new lows and continued to fall. NOBODY ever seems to review past actions and simply ask, did that work?

YES, I can walk into any central bank. They all know (1) I refuse ever to accept any money from any government because there will ALWAYS be strings attached. (2) I am NOT allowed to invest in any shares, for I cannot have a CONFLICT OF INTEREST when I must comply with the laws of every country because we are GLOBAL – not domestic. Normally, when the government falsely charges you, they will charge you with something else like insider trading or tax fraud. I could not have any such personal account, and instead of saying I ran a clean shop, they said, “You are one smart MF” because they could not find anything despite advising on numerous takeovers. Even after the HSBC takeover of Republic National Bank, the former head of HSBC came to my London office to ask my opinion on buying that bank.

It is impossible to deal with all the different laws internationally. In some jurisdictions, if you asked me about IBM and I had just one share, I would be required by law to reveal everything I own to the client. You cannot be an international adviser with anything that can be seen as a CONFLICT OF INTEREST.

Morgan Christendom

They came to me in 1985 when they were creating G5 and the Euro. I was the first Western Analyst to be called into the Bank of China. I have had a front-row seat to the world. I have made more than I could spend. Money does not define a person; it defines character. Contracts are WORTHLESS, for if the person on the other is not trustworthy, the contract means nothing. I grew up when your word was your bond. Before recorded phone lines, you had to honor your word, or nobody would deal with you.

It is always difficult to choose a successor. I must also consider their character. I would never take in someone from the NY bankers or Bill Gates. Money is not the issue. I like the character of Elon Musk, but this is a very difficult proposition. I have traded billions and advised on trillions. Then you finish for the day and go out to dinner, and it costs you $300. Billions are just phone numbers, as we used to say. That kind of money is only suitable for bribing others to do what you want – i.e.Gates and Soros. It cannot be spent on living expenses. It is monopoly money. It’s not “real” at that point. Accomplishment makes a man – not money.

Americans Prepared for Lasting Inflation


Posted originally on Aug 6, 2024 By Martin Armstrong 

InflationPredictedMagazine

Americans are preparing for a prolonged inflationary period, based on new data from the New York Fed. The New York Federal Reserve’s Survey of Consumer Expectations found that Americans are still pessimistic about inflation waning, with no one now believing it is transitory. The median expectation is that inflation will remain at the 3% level in 2025.

The public does not anticipate inflation tapering off in a meaningful way in the years to come. The Federal Reserve is still honing in on that 2% target but the people have lost confidence in its ability to do so. Most Americans see inflation sitting at 2.9% in three years from now, up from the 2.4% estimate in January 2024. Even in five year’s time, the average consumer believes inflation will be above target at 2.6%.

The central bank believes they can meet that 2% target. Policymakers believe inflation will fall to 2.1% by 2025 before finally reaching 2% in 2026. Amid the sell off this week, Chicago Fed President Goolsbee came out and said that the central bank will simply “fix it” if the economy continues to deteriorate.

“The Fed’s job is very straightforward, maximize employment, stabilize prices and maintain financial stability. That’s what we’re going to do,” Goolsbee told CNBC. “We’re forward-looking about it. So if the conditions collectively start coming in like that on the through line, there’s deterioration on any of those parts, we’re going to fix it.”

Unfortunately, there is not much that the central bank can do to offset government’s suicidal fiscal policy. Remember, inflation was only 1.4% when Joe Biden took office – far beneath the Fed’s target. Inflation has risen as a direct result of fiscal policies under Bidenomics.

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The Fed was unable to prevent policies that ended America’s energy independence. They were unable to stop the supply chain issues exacerbated by the pandemic. They cannot alter the weak jobs reports that are propped up by multiplying the public sector, which only detracts from overall GDP. The Federal Reserve cannot maintain diplomatic relations with America’s trade partners or prevent the likes of Japan and China from selling off US government debt. The millions of immigrants now subsidized by the taxpayers cannot be curtailed by Jerome Powell or the FOMC. Worst of all, war is the most powerful driver of inflation. The Federal Reserve can do absolutely nothing to prevent America from steering NATO into three potential battles. Our Treasury Secretary says we can afford numerous wars. The $35 trillion in government debt rises every day and those in the central bank simply KNOW that the government has no intention on paying it off – how could they?

Americans are rightfully pessimistic about the future of the economy. All the talking heads insist that the economy is thriving under Bidenomics, but we the people are living in a different reality. This is what happens when people lose trust in the government entirely.

Yellen Under Fire for Encouraging Debanking Practices


Posted Aug 5, 2024 By Martin Armstrong 

Debanking

US Treasury Secretary and establishment puppet Janet Yellen has denied the advice of her own advisors to encourage debanking practices. Twenty Republican Attorney Generals have reached out to Yellen to remind her that she is not permitted to impede with state laws to weaponize her department against the Democrat’s political opponents.

Florida Attorney General Ashley Moody declared US Treasury has “forsaken its statutory role and instead chosen to intervene on behalf of activists seeking to hijack the financial system for their political ends.”

This has been happening across the world, and instances of debanking for political purposes have reached new heights in 2024. In April, 15 AGs attempted to reach out to Bank of America over a “troubling financial pattern” of debanking Christian organizations. “Bank of America has a track record of de-banking religious organizations,” the letter states, followed by examples of banks suddenly freezing funds of Christians and churches without warning. Why? National security, of course.

Banks were instructed by government to search transactions for keywords such as “Trump” and “MAGA” to look for “domestic terrorists.” They asked banks to look for people who had purchased certain books such as religious texts. Purchased a gun? You’re a potential terrorist and threat to the government.

“The Treasury Department has once again forsaken its statutory role and instead chosen to intervene on behalf of activists seeking to hijack the financial system for their political ends. It is even more disappointing that the Treasury Department would use “national security” as cover for large banks’ abuse of power to achieve those ends,” the most recent letter claims.

All of our freedoms are revoked under the premise of “national security.” This would be akin to permitting the government to rob your house to protect you from intruders. There are state laws in place to protect the people but the federal government believes they can deny these protections in the name of national security. Florida’s HB 989, for example, is intended to protect consumers from discrimination. That law aims to protect gun manufacturers, the fossil fuel sector, religious organizations, and others who do not adhere with the BUILD BACK BETTER agenda from being denied the right to operate in America’s financial system. “No consumer or business should be denied services based on political beliefs or religious views or because of some arbitrary social credit score derived from ideological agendas,” the AGs added in their latest letter.

Again, this is a worldwide phenomenon of governments weaponizing banking institutions. The UN-backed Net-Zero Banking Alliance aims to jeopardize anyone not adhering to the climate change agenda financially. Over 144 banks have signed on board. I reported last year that a bullion dealer I personally know suddenly had his credit lines revoked. Governments genuinely believe the people are underpaying taxes by at least 35%. They want to eliminate all financial hedges against government and financially cripple those who do not abide by the agenda.

Yet another reason why all governments must go digital. CBDCs will permit governments not only to track every sale and purchase, but it will give them the POWER to prevent purchases instantaneously.

The Greatest Crash of the Century?


Posted originally on Aug 3, 2024 By Martin Armstrong 

2024 Crash_of_the_Century

For all the emails coming in: I am finishing up this report this weekend

The Real Risk Ahead