Posted originally on Mar 14, 2024 By Martin Armstrong
The Canadian banking system is set to be radicalized by open banking framework. Proponents are framing this as a way for banks to easily share information and access user data. The truth of the matter is that this is an opportunity to merge social standings with banking to provide government complete control over our finances.
The organization Open Banking Excellence, a World Bank partner that originated in the UK, claims that it will host all of a bank’s relevant needs in one place. The organization, which has reached 40 countries, aims to “create exceptional platforms and content that promotes knowledge sharing, new thinking and partnerships within the industry – catalysing the adoption of Open Finance and Data for better financial inclusion worldwide.”
“It’s about having that fairer, more inclusive, more open society,” said Helen Child, founder of Open Banking Excellence. Open Society, well, that does sound familiar. Why is there a need for inclusivity and fairness in banking when it should come down to numbers? “It drives financial inclusion,” she added, “It’s democratizing data.”
Data. That will be worth more than gold as we move forward with a cashless society. There is no easier way to control the masses than to control their access to money, their ability to buy, trade, and freely move about. The Canadian Press outlined the true motive in plain sight: “One of the biggest areas of growth is in credit assessments. Under open banking, lenders could directly access an individual’s banking data, so they can look beyond credit scores. Consumers can also use it to build their credit scores, for example, by proving reliable rent payments.”
Looking beyond credit scores equates to determining if a person is fit to participate in the global economy based on their personal views. Look at what happened to Nigel Farage. He never committed a crime or did anything to warrant what many have called the “Farage fiasco.” Nigel was suddenly debanked by Coutts and was unable to access any of his checking or savings accounts. His credit cards were deactivated. He was unable to participate in society without a moment’s notice.
Faragedid his due diligence and found that there were countless people who experienced the same financial attack carried out by the banks on behalf of the government.
This is a widespread phenomenon. We saw it happening commonly during COVID lockdowns, where users were not permitted to access places if their digital COVID passports failed. In China, when banks were facing a liquidity crisis, the CCP simply denied depositors the right to access their money and blocked them from physically accessing their banks. The government successfully prevented a bank run. We saw a few celebritiesdebankedfrom the system for voicing unpopular opinions without any legal proceedings or crimes committed.
Canada is one of many nations hoping to use unofficial social scores to control the masses. All of these actions are setting the stage for how CBDCwill operate, a collective network containing everyone’s personal data and accounts. Governments have already begun debanking individuals and these steps will make it increasingly easier to force the masses to bow down and relinquish all control to the almighty government.
Posted originally on Mar 8, 2024 By Martin Armstrong
San Francisco’s Republican Party has pushed forth Proposition F that will require drug screenings for welfare recipients. Separately, Proposition E will limit the time police may patrol certain areas. There has been a large uptick in the number of San Franscico residents on the CalFresh state program, increasing by an alarming 42%(64,800) from 2019 to 2021.
Mayor London Breed firmly supports the new measures and says the city will provide new treatment measures for addicts. “This is how we get more people the help they need and change what’s happening in our city,” the mayor stated. “We’ve added treatment beds, helped 5,000 people get medication assisted treatment & are implementing new conservatorship laws to get our most vulnerable into care. Prop F will build on this work to get more people help,” London noted.
Residents no longer feel safe in the city. One only needs to visit San Franciso to see how dire the drug epidemic has become. The city has over 9,000 homeless shelters available to those in need, but many shelters require drug screenings for admission. No one can force these people to seek help. So, the current welfare state basically pays people to remain sick, addicted, and living on the streets. The opioid epidemic has destroyed the city, claiming 752 lives in 2023 alone. The situation is rapidly declining and major changes were necessary.
The city spends billions to treat the symptoms rather than the source of the problem. FY2021-2022 say the city shell out $1.1 billion to combat homelessness. There are countless programs available for those who needs help such as CalWORKS and County Adult Assistance Programs (CAAP). They have designated Shelter-in-Place hotels, Safe Sleep sites, and various programs that make it easier to decline help and continue living off state and city resources.
Prop F is intended to curb addiction and homelessness. Although there are many layers to the homeless crisis (drugs, mental illness, etc.), but the city has made it an option not to work and live off the government instead. Those condemning the measure for permitting people to hit rock bottom do not understand that the city simply cannot continue allowing addiction to be a lifestyle choice.
Posted originally on Mar 8, 2024 By Martin Armstrong
The “V-J Day in Times Square” photo embodies the joy of American troops returning home from World War II. The image depicts a member of the Navy embracing a nurse for a celebratory kiss. Photographer Alfred Eisenstaedt captured the moment on Aug. 14, 1945, the moment the news broke that Japan had surrendered to the Allies. The picture has been celebrated throughout the years and captured in statues and other works of art. But now, the far-left feels it is offensive and must be immediately deleted from the archives of history.
Let me be clear: This image is not banned from VA facilities – and we will keep it in VA facilities. pic.twitter.com/dYSikLxHAJ
— Secretary Denis McDonough (@SecVetAffairs) March 5, 2024
Veterans Affair Official RimaAnn Nelson received bipartisan backlash after sending out an internal memo demanding for the image to be immediately removed from all Veterans Health Administration facilities, claiming “historic perspectives on historical events and their representations evolve,” or in other words, must be rewritten to fit the current narrative. Nelson claimed the picture was promoting non-consensual sexual misconduct and would not be tolerated in the current woke environment.
Republicans and Democrats alike were appalled. The far-left has become so engrossed in woke culture that few can stand behind their ideology. Secretary Denis McDonough immediately redacted Nelson’s memo after public backlash and stated that the image would not be removed. It is unclear whether McDonough initially approved of the memo. Leila Jackson, Director of the Assault and Harassment Prevention Office, was noted as the point of contact at the bottom of the letter but has not spoken out.
Now, Nelson is not some well-meaning, sensitive individual. She was in charge of the VA hospital in St. Louis, which was rated the worst in the nation out of 126 facilities under her reign. The situation at the hospital was so dire that 1,800 troops fell ill with HIV and hepatitis from unsterilized medical and dental equipment. The establishment protects its own, and Nelson was placed in another leading role in a hospital in the Philippines without repercussions. Military families were discouraged from speaking out.
The far-left is even causing rifts within the establishment, although everyone wants to rewrite history and mute the masses.
Freedom of speech has been dismantled by the few on the far-left promoting woke ideologies. It is happening across all nations adhering to the Great Reset.
The Puritans imposed their beliefs on the masses, outlawing sports, holidays such as Christmas, and authorized mass spying campaigns. Before the dawn of the internet, the government would hire authority figures to peak into people’s personal homes to ensure they were not breaking the law. It even became a felony to kiss your wife in public. Dare I say that the current ideology is even more deranged. There is no “wife” to kiss in public because “women” are not recognized as a separate sex and all terms alluding to gender is offensive. They likely found a picture depicting a war actually ending to be offensive as well.
This is yet another issue that cannot be considered a Democratic or liberal problem. The issue is a change in ideology coming from a select few ruling elite who wish to dismantle our rights to impose a new world order under a new set of values and morals. The years going into 2032 will be extremely difficult. The people will need to fight for their rights at every turn, and while the computers show that the elites WILL FAIL, the road to 2032 will be long and torturous.
Posted originally on Mar 7, 2024 By Martin Armstrong
They say life and death rest on the tongue, and in the case of California, your own words and thoughts can and will be used against you. CA vs Hate is a new program brought forward by Governor Gavin Newsom that encourages neighbors to turn on one another and lose trust in their own communities. The state has invested $110 million into this thought policing policy that entices individuals to report “hate speech” to the government.
Anything anti-establish can be qualified as hate speech, as we have seen in recent weeks. I brought it up a few times in recent writings, but “mother” and “father” are now deemed offensive terms by our government officials. Citizens may visit the online portal or call the hotline to report anything that they deem hateful. Assemblyman Al Murtuschi states these services “will help individuals and communities targeted for hate including Asian Americans, Latinos, Black Americans, LGBTQ+ individuals, religious minorities, and other communities that make up California’s diversity and strength.”
The online portal notes: “There are two main kinds of hate incidents – (1) acts of hate that are not crimes but violate civil rights laws, and (2) acts of hate that may not violate the law. Both types cause significant harm to communities.”
No crime or evidence is required for reporting. Anyone, regardless of immigration status, may file a report with this agency, which by the way, is not affiliated with an actual police department. “California vs Hate is not run by the police. Your report will not be shared with law enforcement without your consent. We will only connect you with law enforcement if you request it. Our team can share information about how to report to police or local prosecutors if needed,” the website records.
They will collect files and data on everyone to use against them once social credit scores are implemented. Who do you think this bill will target? Conservatives who disagree with the current direction of this country. Upset that you’re being taxed without representation, with those funds being misdirected toward war and the migrant crisis? You are no longer permitted to share your views as the First Amendment has been abolished in California. Migrants are also encouraged to use this hotline to target American citizens. Reporting may remain anonymous, and anyone with a grudge may report someone without just cause.
This reminds me of the Mouth of Truth (bocca della verita) in Rome, a 1,300 kg stone disc created in the 1st century with a human face, menacing eyes, and a large gaping mouth. Legend had it that anyone accused of a crime could put their hand in the stone’s mouth, and only the innocent could pull their hand back out unscathed. The Mouth of Truth did not require a check and balance against witnesses who could say anything to sway the jury and public opinion. There is no accountability, and the law will always side with the government. This form of judgement is equally as obscure as an anti-hate hotline with no requirements or backing by the actual legal system.
In fact, Newsom states that this intended “approach does not require engagement with the criminal legal system,” meaning this is a private data-collecting entity directed at people who feel they are above the law. Actual acts of hate against Conservative ideologies go unpunished. Could someone report that they were refused service for being unvaccinated due to religious reasons, for example? No. Could someone report that they were denied a job opportunity due to laws favoring the most diverse candidate over the most qualified? Do parents have the right to file a report that their child’s school sent home inappropriate homework assignments discussing sexual topics? Perhaps a family was denied the opportunity to adopt due to their unwillingness to allow a child to make an adult decision. Could they file a report? Absolutely not. This is the far left’s personal Stasi.
The intense divide in America has pinned two sides against one another, and now, these asinine tyrannical measures will pit neighbor against neighbor. No different from the Soviet era, people will become fearful to speak their truth as it could come with consequences. This is unconstitutional but the Constitution has been ignored for the past four years. This law is intended to dismantle our communities and families. Your neighbor could be plotting against you; they do not want you to trust anyone but the government.
BlackRock finally admitted that their ESG policies in the name of shareholder capitalism have been bad for business. “BlackRock’s business, scale and investments subject it to significant media coverage and increasing attention from a broad range of stakeholders,” the company stated in it’s annual filing with the SEC. “This heightened scrutiny has resulted in negative publicity and adverse actions for BlackRock and may continue to do so in the future.” In other words, “go woke, go broke.” So what does this mean for shareholder capitalism?
BlackRock is now saying it will not put Klaus Schwab and the World Economic Forum ahead of shareholders. The shared values they wrongly assumed the public would embrace have backfired. “Any perceived or actual action or lack thereof, or perceived lack of transparency, by BlackRock on matters subject to scrutiny, such as ESG, may be viewed differently by various stakeholders and adversely impact BlackRock’s reputation and business, including through redemptions or terminations by clients, and legal and governmental action and scrutiny,” the filing continued.
As a recap, the Human Rights Campaign (HRC) pushes the CEI (Corporate Equality Index), a company’s social woke credit score. The Open Society Foundation, operated by the Soros family, funds the HRC. The ESG promotes a company’s green social credit score, has been pushed by Western governments and the World Economic Forum, and takes into account climate issues in addition to obscuring societal norms.
This will change the landscape of ESG policies as BlackRock alone has $700 billion invested in such initiatives. In December 2023, the House Judiciary Committee issued subpoenas to BlackRock and State Street as part of an investigation into the firms’ promotion of environmental, social, and governance (ESG) goals to determine if it violated antitrust laws. BlackRock and others have barred businesses that did not adhere to ESG standards, denying them professional opportunities and overseeing that any company wishing to be affiliated with BlackRock adhere to ESG standards.
BlackRock is defying Washington and the World Economic Forum with this decision to move away from the green credit score. The first bill that President Joe Biden vetoed was a bill intended to dissolve the ESG climate social credit score, which was only foreshadowing the policies that later came about, most notably the Inflation Reduction Act that Treasury Secretary Janet Yellen admitted was intended to combat climate change. He also immediately blocked the Keystone Pipeline and removed America’s ability to remain an energy independent nation. Out of all the issues facing America, Biden chose to use his presidential powers to set the groundwork to create the need for a Great Reset to Build Back Better.
BlackRock CEO Larry Fink supported Biden’s veto and used his company to back Schwab’s vision for a socialistic economy. GOP donors held a conference in March 2023 in which they asked the panel: “Who’s more important: shareholders or stakeholders? Is the ‘stakeholder capitalism’ being sold by Larry Fink and other investors really stakeholder politics?” Fink responded to critics by claiming BlackRock was not the “environmental police” and it was the government’s responsibility to impose far left woke policies. Yet, Fink admitted in his notorious letter, “A Sense of Purpose,” that he believed it was the responsibility of the private sector to implement policies since government had failed to do so. He was speaking on behalf of Klaus Schwab.
In December 2019, Schwab announced plans for reshaping capitalism into something that does not remotely resemble capitalism through the use of the ESG system. “[To] uphold the principles of stakeholder capitalism, companies will need new metrics. For starters, a new measure of “shared value creation” should include “environmental, social, and governance” (ESG) goals as a complement to standard financial metrics. Fortunately, an initiative to develop a new standard along these lines is already underway, with support from the “Big Four” accounting firms and led by the chairman of the International Business Council, Bank of America CEO Brian Moynihan.”
In January 2022, Fink sent a letter to the CEOs of companies he has invested in, reminding them of Klaus Schwab’s Agenda 2030. He stated:
“When my partners and I founded BlackRock as a startup 34 years ago, I had no experience running a company. Over the past three decades, I’ve had the opportunity to talk with countless CEOs and to learn what distinguishes truly great companies. Time and again, what they all share is that they have a clear sense of purpose; consistent values; and, crucially, they recognize the importance of engaging with and delivering for their key stakeholders. This is the foundation of stakeholder capitalism.
Stakeholder capitalism is not about politics. It is not a social or ideological agenda. It is not “woke.” It is capitalism, driven by mutually beneficial relationships between you and the employees, customers…”
The concept of stakeholder capitalism was introduced back in 1932, leading to the worst economic performance in history. Milton Friedman stepped in and declared corporations are not to use shareholders’ funds for their personal charities. Schwab states that Milton Friedman “neglected the fact that a publicly listed corporation is not just a profit-seeking entity but also a social organism.”
The entire takeover boom of the 1980s took place because you could buy a company, sell its assets, and double or triple your money. As long as companies were concerned only about Stakeholder Economics, investment in US shares was tainted. This is what Schwab wants to restore – corporate socialism.
The “Davos Manifesto” claims that “companies should pay their fair share of taxes, show zero tolerance for corruption, uphold human rights throughout their global supply chains, and advocate for a competitive level playing field – particularly in the “platform economy.” Schwab was banking on three main points to support ESG intiatives: 1) the “Greta Thunberg” effect, 2) younger generations supporting left leaning policies, and 3) investors believing that social policies would be beneficial for their investments.
Thunberg’s time in the spotlight has come to an end. Her dire warnings of the world ending did not come to fruition. Schwab said that Millennials and Gen Z would not “want to work for, invest in, or buy from companies that lack values beyond maximizing shareholder value.” Well, those generations can barely afford basic living necessities, let alone invest in a meaningful way. He underestimated the intelligence of the youth as they are not all blindly backing socialistic policies, regardless of how intensely the education system attempts to mold their minds into believing capitalism is evil. Most importantly, investors can see the ROI on their ESG-linked investments and they’re NOT pleased. The people have been speaking with their assets and removing them from corporations that support failed woke policies.
BlackRock has admitted that woke policies are bad for business, but they are still aiming for the Great Reset. We will soon see how BlackRock handles the impossible balance of pleasing both Schwab and shareholders. Stakeholder capitalism is nothing more than Marxism in sheep’s clothing and will always result in failure.
Haiti has been in ruin for many years, largely in part to widespread corruption and political instability that has led to various gangs claiming control over the control rather than any secure government. Haiti is consistently on every humanitarian watch list with over 2.5 million residents living in extreme poverty without sufficient food, water, or shelter. The 2021 assassination of President Jovenal Moise worsened the already dire situation for the Haitian people, and the country is now in complete disrepair.
Haiti is under a state of emergency after gangs released 3,700 inmates from two separate prisons over the weekend. The attack occurred on Saturday and media outlets reported that the prison doors remained open on Sunday with no attempts to seek those who fled. The military, police force, and whatever remains of the government are all working together behind the scenes.
No one has replaced Moise as president and Haiti has not had an official election since 2016. Prime Minister Ariel Henry was installed upon Moise’s assassination, claiming he would hold an official election in the near future. Henry recently visited Nairobi to broker a deal to send Kenyan multinational security forces to Haiti to reclaim the nation from the violent rogue gangs, a move that is thought to have sparked the prison riots. Henry has refused to step down despite violent protests and the gangs are willing to go to any length to retain power.
The US embassy in Port-au-Prince is warning American citizens to flee the nation immediately, while the French embassy suspended all visa services. The number one spot for fleeing Haitians is the United States of America, with 731,000 reported Haitian migrants entered the country in as of 2022. Haitians are now the 15th largest migrant population residing in America. Haitians compose the majority of migrants passing through the notorious Darien Gap between Panama and Colombia, with the number of crossings multiplying each year.
Around 15,000Haitian migrants entered America in a five-day period in 2021. Mexico’s governor pleaded with America to curb the swell of migrants, leading to Antony Blinken announcing a $4 billion aid package that has done absolutely nothing.
Criminals are pouring in America. The Executive Office for Immigration Review (EOIR), a separate entity from ICE, reported a 19.5% increase in arrests of Haitian migrants from FY23 compared to FY22. As reported on the government’s own website:
"ERO arrested 73,822 noncitizens with a criminal history; those arrested had an average of 4 charges and convictions per individual, including more than 33,209 charges or convictions for assault, 7,520 for weapons offenses, 1,713 for homicide-related offenses, and 1,615 for kidnapping. Removals also included 3,406 known or suspected gang members, 139 known or suspected terrorists, seven human rights violators, and 108 foreign fugitives wanted by their governments for crimes including homicide, rape, terrorism and kidnapping. Also in fiscal year 2023, ERO conducted 142,580 removals to more than 170 countries worldwide."
Biden implemented fast-track visa programs to allow Haitians to enter America, but thanks to open border policies, there is NOTHING to prevent every prison escapee, gang member, or anyone else from walking into America and claiming asylum. If Haiti were ever actually to impose law and order, the gang members could legally enter US territory and receive a free taxpayer-subsidized life. Their lives in US prisons would be a major improvement compared to their current lives in extreme poverty. This is why we see countless videos of unaccompanied military-aged men traveling alone from Haiti to America, where they can continue to commit violent crimes without prosecution.
Posted originally on Mar 2, 2024 By Martin Armstrong
COMMENT: Martin,
I am at least thankful that my family is not divided over Trump, and they are starting to believe Socrates’ forecasts for 2032.
Oddly, my youngest son, who is often loud and obnoxious, will vote for Trump because he does not want war. However, he doesn’t like Trump because Trump is not as “reverent” as he would like in a president. My daughter-in-law told asked him, “Oh, you don’t like him because he is too much like you to be president”?
I dofind this interesting that inside the USA it seems to be Trump. In Europe, it seems to be COVID and Climate Change. The net result is still the same. This does seem to be part of the Civil Unrest Cycle.
Posted originally on Mar 2, 2024 By Martin Armstrong
COMMENT: Mr. Armstrong, My son voted for Biden because he said Trump he thought was an asshole. We hardly talk any more for he is among the brainwashed. He will not change his mind, for he then has to admit he has been wrong. It has gotten to the point I am changing my will and he gets nothing. A few of my friends are in the same boat. This has divided the nation, but it is also destroying families.
GF
REPLY: I have friend who no longer talk to their children and they are European and that is over climate change and COVID. This is the hated that is a deliberate psychological war tactic that they have used against our own people. Who cares if Trump is arrogant as long as he keeps the world at peace, protects our privacy, and stands up against the Deep State? This is becoming a vote for Trump or Victoria Nuland – because Biden is not there. Families are being broken up, and there is no going back.
My old partner, Jack King, out of the blue one day said to me if anything happens to him, make sure his children get nothing and everything was to go to his second wife. I do not know if it was a premonition, but three weeks later, Jack died of a heart attack while scuba diving. It was Jack who opened Japan. I had to honor his wishes. So, I have seen this far more often than one might think. I am in a similar position with someone else. Blood is not always thicker than water.
You cannot argue with a fool, for they will always claim to say what they know, but it takes wisdom to know what you are saying. Mark Twain said it best. It is far easier to fool someone, as your son has been brainwashed, but it is virtually impossible to reverse his thinking to convince him that he has been fooled. To a large extent, I see this in trading. People will hold onto a loss because they cannot admit they made a mistake. That is why it is a maxim in trading – NEVER marry the trade. Unfortunately, it may simply be irreversible. I have witnessed this too many times.
As I have been trying to explain, the LEFT has been engaging in psychological warfare. The routinely demonize an opponent like Sadam Huesain, Putin, and they used that tactic of Trump. So you sone has been brainwashed and it’s no different that you still see people wearing masks and driving alone in their car. They have been psychologically damaged.
Karl Marx and his followers view the family as a tool of capitalism. They believe its primary functions are to reproduce the workforce, pass down private property (maintaining class inequality), and act as a consumption unit to support the capitalist economy. It was more than just the state owning everything – you will own nothing and be happy as the World Economic Forum is pushing.
What this entire agenda is designed to do is to break up the family unit. This means that WEF, and Marxists, see society as being structured along class lines. Destroying the family unit ends the inequality for parents cannot then pass on anything of wealth to their children. There were some trying to push in Australia that upon your death, everything goes to the States – not your heirs. That did not go down very well. But it shows there are those out there with that mentality.
Marx insisted that institutions generally work in the interests of the elite bourgeoisie class, who have economic power over those of the much larger working class or proletariat. In Marxism, he attributed nothing to innovation and maintained that the bourgeoisie gains their wealth purely by exploiting the proletariat’s labor. For this reason, there is an inherent conflict of interest between the bourgeoisie and the proletariat in Marxism. Communism failed because innovation comes from free thinking. When you suppress individuality, the entire economy stagnates.
Nevertheless, no matter how often they fail, they are at it again because they are fools who never learn from their mistakes. What they are doing is the deliberate act of dividing the country and at the core they have been using Wokeness and demonizing Trump to destroy the family unit which they see as the foundation of the Communist state. Marx himself wrote:
“On what foundation is the present family, the bourgeois family, based? On capital, on private gain. In its completely developed form, this family exists only among the bourgeoisie.”
Marx advocated the confiscation of all property to destroy the family by simply abolishing the right to own property.
“The bourgeois family will vanish as a matter of course when its complement vanishes, and both will vanish with the vanishing of capital.”
The refusal of your son to objectively admit that he made a mistake in voting for Biden, which is only human. If he refuses to reconsider the facts and events since 2020, this warns that he is too far gone and likely unsalvageable. I know this is hard to swallow. Gallup Poll back in 1984 found that 61% of Americans were satisfied with U.S. democracy. It was nearly as high, at 60%, in 1991. Now in 2024, it is down to just 28%.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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