The Rise of the Non-Politician – Resistance is not Futile


Armstrong Economics Blog/Politics Re-Posted Nov 11, 2021 by Martin Armstrong

New Jersey’s state Senate President, Steve Sweeney, spent almost $500,000 on his re-election to be defeated by a Republican who spent less than $10,000 on his campaign. This is a monumental loss for Democrats, for it is showing that the same trend that elected Trump, anti-politicians, is alive and well. A truck driver for a furniture company, Edward Durr Jr., who describes himself as fiscally conservative and a 2nd Amendment rights advocate, beat the best Democrat spending less than $10,000 on his campaign. Looks like money no longer guarantees a victory for politicians. POPULISM strikes back!

Board Members Fleeing the Federal Reserve


Armstrong Economics log/Central Banks Re-Posted Nov 11, 2021 by Martin Armstrong

Federal Reserve members are fleeing the central bank. We saw two Fed presidents resign in October amid scandal. Randal Quarles recently announced that he also plans to resign from the Federal Reserve’s Board of Governors when his four-year term expires at the end of the year. Another position remains vacant as well. A third position for the central bank will open up in January when Vice Chair Richard Clarida’s term expires. Fed Chairman Jerome Powell’s term ends in February, and Biden has not stated whether he plans to renominate Powell. Rumors are swirling that Biden may appoint Lael Brainard as he is the only Democrat on the seven-member board.

Biden could choose to renominate Powell and fill Quarles’ position with Brainard. However, does Powell still want the job? The investigation into potential inside trading among Fed members may have pushed him over the edge. We cannot bring inflation down without reaching maximum employment, and we cannot reach maximum employment under Biden’s authoritarian mandates. The Fed is in between a rock and a hard place.

There is a potential for three to four slots to become available in the near future, which would give the Biden Administration the ability to tip the scales in their favor, despite the Fed claiming to be independent from the government. Sarah Bloom Raskin, a previous Fed governor, could be in the running. William Spriggs, chief economist at the AFL-CIO and an economics professor at Howard University, may also throw his hat in the ring. Lisa Cook, an economist for Michigan State, is also a potential candidate. Senator Sherrod Brown, a Democrat on the Senate Banking Committee that manages Fed nominations, said, “It’s time we had a black woman on the Board of Governors” in reference to Lisa Cook. Would it be possible to appoint the most qualified person rather than making a decision based on race or gender? They likely want to appoint anyone who is on board with the Build Back Better agenda. These people are making decisions that shape the entire world economy. Unfortunately, it seems as if many of the qualified individuals no longer want the job due to Biden’s mismanagement of the economy.

The Health Monopoly


Armstrong Economics Blog/Conspiracy Re-Posted Nov 11, 2021 by Martin Armstrong

Bill Gates will emerge as the richest man in human history, for he has succeeded in creating a health monopoly. The royalties from the never-ending vaccines will propel him to more wealth than Bezos, Musk, Buffett, and the top 10 COMBINED. He then puts his wealth in a foundation that will be exempt from the Billionaire Tax he has supported, which will undermine everyone else in the Billionaire Club.

It looks like the greatest plans of those who dream of controlling the world will not work out as they envision. Gates’ surrogates are putting out reports happily projecting their endless power over the world using this fake crisis. They will destroy the world economy indefinitely. Such medical promoters on the take from Gates’ Foundation may be putting their lives and those of their family at risk. They always project the future in a linear manner for they neither believe in God nor in the cyclical nature of the universe.

Richard E. Nesbett wrote an interesting book entitled “The Geography of ThoughtHow Asians and Westerners Think Differently … and why.” He attributed his work to a Chinese student who said, “You know, the difference between you and me is that I think the world is a circle, and you think it’s a line.” He goes on to quote him:

“The Chinese believe in constant change, but with things always moving back to some prior state. They pay attention to wide range of events; they search for relationships between things; and they think you can’t understand the part without understanding the whole. Westerners live in a simpler, more deterministic world; they focus on salient objects or people instead of the larger picture; and they think they can control events because they know the rules that govern the behavior of objects.”

This is why in Asia, I never had to explain that there were cycles. They looked at the West as primitive locked into this linear view of the world and we can see it in this global warming nonsense. They presume that because the planet warms in 20 years that the trend will last forever. Girls mature and eventually grow too old to produce children and then die for there is a cycle to everything. We all are born, we live, and we die. There is night and day and even the influenza virus mutates cyclically each year, so the vaccine changes. Nothing functions in a straight line yet in the West every form of analysis are linear. There are stock market crashes and they will launch an investigation to try to determine who caused it. Never do they ever consider themselves as any possible cause.

So those who think they are God and can manipulate society because the system is linear void of any nature cyclical nature will discover in 2022 that all things do not always just go up.

Gates is following the script left behind by Rockefeller. Their definition of being a philanthropist is akin to getting some girl pregnant to pay for the abortion, and that makes them a philanthropist. Gates’ monopoly over health is far more dangerous to society than Microsoft or Standard Oil in Rockefeller’s day. Perhaps the 2022 election will cause an upset, and an investigation into Gates and his surrogates will, at last, unfold — including Fauci, who is 80-years-old. Why is he still in government? It is not for a pension. He even had to start withdrawing from a 401K. He is clearly there only for power.

Brothel Offers Free Sex for Getting Vaccinated


Armstrong Economics Blog/Vaccine Re-Posted Nov 10, 2021 by Martin Armstrong

Because there are so many illegal aliens in Europe, they are now offering free sex in return for getting vaccinated. Clearly, our political leaders have been bought and paid for to do this for Big Pharma when there is absolutely no benefit to the vaccine; it neither prevents you from getting it nor spreading it. Israel has already confirmed that the majority of people who have died were vaccinated. It really makes no sense as to why the drastic push.

I learned in high school health class that we cannot cure the flu nor the common cold because these exist in animals as well. This is what Fauci has been creating like Dr. Frankenstein — “gain of function” — meaning taking viruses from animals and manipulating them to infect humans. This is very straightforward. We cannot cure anything that co-exists in animals – PERIOD! Gates has created this worldwide panic to sell his vaccines to make him so rich that he will rule the world. He will end up with more wealth because he will not donate vaccines to the poor. He wants the industrialized countries to pay him and donate them — so much for being a philanthropist.

Sketchy U.S. Surgeon General Attempts to Rebut Matthew McConaughey and Vaccine Hesitance in Children


Posted originally on the Conservative tree house November 10, 2021 | Sundance | 151 Comments

U.S. Surgeon General Vivek Murthy appeared on U.S. state television (CNN) Wednesday in an effort to push vaccinations for children.

Mr. Murthy is married to a woman named Dr. Alice Tu Chen.  If you look into the past of the surgeon general’s wife, you will discover Alice Chen is essentially a ghost – from the perspective of: who were her parents?  The lack of parental and familial history is a key characteristic of CCP implants in the U.S.

Surgeon General Murthy is pushing hard for vaccines in 5 to 11-year-olds.  Most U.S. parents are reasonably hesitant about using an experimental untested vaccine on their children.  Murthy is very focused on creating pressure on parents to vaccinate their children with an emergency use product against a virus that poses no significant threat.

In July, the Surgeon General asked Big Tech platform providers to remove content and censor anyone who would question the emergency use vaccine in adults.  His office put out a 22-page advisory [pdf HERE] in an effort to combat what he called “misinformation” about vaccines.  Now, Murthy is using that same approach to enhance his efforts toward childhood vaccines.  There is something creepy about the scale of the effort.

Hollywood actor Matthey McConaughey came out as a parent of three children cautious about vaccinating his own kids. A highly visible Hollywood personality who expresses a vaccine hesitancy immediately becomes a threat to the system.  As a consequence, Surgeon General Murthy appears on U.S. state TV (CNN) to stem the damage and tamp down independent thinking.

There is something very odd in the background of Surgeon General Vivek Murthy as it relates to his wife Alice Chen.  Look around, do some research, you’ll likely come to the same conclusion.  Her Chinese parents are missing from everything in her life, including her marriage.  Alice Chen is essentially a ghost who just appeared in college and somehow found her way to be married to the U.S. Surgeon General.   There were no relatives of the bride at her 2015 wedding. It is all very weird.

Flashback, Joe Biden Says He Understands Unchecked Inflation Would Pose a Real Danger to U.S. Economy


Posted originally on the conservative tree house on November 10, 2021 | Sundance | 75 Comments

On Monday July 19, 2021, the White House occupant declared that inflation was temporary and would be “transitional”.  Current economists now refute that claim, as inflation continues to escalate at an alarming pace.   In July Joe Biden said (transcript):

“Now, I want to be clear: My administration understands that if we were to ever experience unchecked inflation over the long term that would pose real challenges to our economy. So while we’re confident that isn’t what we are seeing today, we’re going to remain vigilant about any response that is needed.”

Joe Biden was asked a follow-up question after his remarks:

Q Yes, thank you, Mr. President. At what point would you consider inflation unchecked to a point at which you would either consider taking action or you would want to see the Fed take action?

To wit Joe Biden responded:

THE PRESIDENT: “Yeah. There’s nobody suggesting there’s unchecked inflation on the way — no serious economist. That’s totally different”. (link)

Consumer Inflation in October Doubled From September – 6.2 Percent Inflation Year Over Year – Real Wages Dropped 1.2 Percent For Year


Posted originally on the conservative tree house on November 10, 2021 | Sundance | 239 Comments

Yesterday, data on the wholesale “Producer Prices” was released showing an 8.6 percent increase in prices for final demand products {DATA HERE}.  That is the increase in cost within the system of bringing products to market.

Today, the “Consumer Price” data was released showing a massive 6.2 percent increase in prices {DATA HERE} for goods that are currently available for sale.  The overall rate of inflation is now 6.2% year-over-year.

When you overlay inflation atop wage growth, the Bureau of Labor and Statistics (BLS) report now shows a decrease in “real wages” of 1.6 percent {DATA HERE}, which is the increase in weekly pay minus the additional costs to buy stuff.   The working class is losing ground rapidly.   Things are ugly and they are fixin’ to get uglier.

Before getting to the part where we can explain exactly how much more we can predict to pay for current products in 90 days (yes, that approximation is possible), first lets look at the actual data on the current inflation rate for products we are buying today.  [Table 2] is the easiest reference for category specific review.

Overall, the prices for groceries (food at home) went up 1.1% in October and 5.4% for the year.   However, several products in the supermarket have jumped massively. Beef jumped 1.9% for the month and is 20.1% higher overall.  Bacon went up 2.1% for the month and is now 20.2% higher for the year.  All processed foods increased at a rate about four times higher than fresh unprocessed foods.

Fuel oil went up 12.3% in October and is now 59.1% higher for the year.  Unleaded regular gasoline went up 3.9% in October and is now 51.3% higher for the year. Piped natural gas went up 6.3% for the month and is now 28.1% higher for the year.  Used vehicles are now 26% higher than last year, and new cars went up roughly 10%.  You can scroll down Table-2 to see each category (second and third columns show year and monthly increases).  It’s unnerving to see the scale of inflation while knowing it will get worse.

One kitchen table way to estimate the current inflation that is already in the system but has not shown up in the retail end is to take the wholesale inflation (PPI 8.6%), deduct the current retail inflation (6.2%), and that gives you an estimated aggregate gap of 2.4% between them.  That 2.4% is essentially an inflation lag already in the supply chain at various stages (raw material, intermediate, final).  Bear with me…

The 2.4% difference (8.6 – 6.2) is a lag that will show up in approximately 90 days. The difference between the wholesale inflation and retail/consumer inflation will eventually reach the cash register in higher prices.  The 2.4 difference is also a good way to approximate how high finished processed goods will go.

The difference between the wholesale rate of inflation and retail rate of inflation (as a percentage) is around 28%.  That’s a good generalized way to approximate what the future price will likely be for any given item, call it a widget, in the consumer segment.

• Current widget at $17.00 + 28% gives you an approximate for future widget at $21.76

• Current bread at $4.69 + 28% gives you an approximate for future bread at $6.00

Using this method, you can approximate the upper price likelihood for a heavily processed product.  The more an item needs to be processed, the more hands that touch the product in the processing, the higher the end price will be.  The more an assembly of individual processed parts is needed in order to generate a finished good, the higher the end price will be, etc.  An increase of 28% will be an approximation for the future prices (roughly 90-120 days) of a heavily processed item.

Grocery prices rose 1.1% last month, while the cost of eating out was up 0.8%, the largest monthly gain in 40 years.

MSNBC – Inflation across a broad swath of products that consumers buy every day was even worse than expected in October, hitting its highest point in more than 30 years, the Labor Department reported Wednesday.

The consumer price index, which is a basket of products ranging from gasoline and health care to groceries and rents, rose 6.2% from a year ago, the most since December 1990. That compared with the 5.9% Dow Jones estimate.

On a monthly basis, the CPI increased 0.9% against the 0.6% estimate. (read more)

Biden Administration Responds To Injunction Blocking Vaccine Mandate


Posted originally on Rumble by Newsy  Published November 9, 2021 4,189 Views

Rumble — The administration says there is no reason to put a stop to the mandate, even while legal challenges against it have been filed in 27 states.

Side Effects Mount as Biden, FDC, CDC, & NIH have all Abandoned Health


Armstrong Economics Blog/Vaccine Re-Posted Nov 10, 2021 by Martin Armstrong

Big Pharma has absolute immunity, and since the federal government is mandating vaccines, there is ABSOLUTELY NOBODY to compensate people seriously injured from these vaccines. Now California Gov. Gavin Newsom has had a serious reaction to his booster. His symptoms are associated with Guillain–Barré syndrome (GBS), a known side effect of many vaccines. In fact, Guillain Barre Syndrome has been traditionally a rare condition that causes a person’s immune system to attack their peripheral nerves, resulting in partial loss of sensation, loss of movement, and even changes in cognitive ability and personality. This appears to be on the rise with these COVID-19 vaccinations. Perhaps now that Newsom has been infected after getting his booster on October 27, just maybe he will stop mandating this for children.

After receiving the booster, Newsom said in a statement:

“Getting vaccinated and keeping our immunity strong through boosters is a vital step we can take to protect ourselves, our loved ones, and our community — it remains the best way to end this pandemic. Getting a booster is safe, easy, free, and you don’t even have to stick to your original vaccine. This is your chance to continue to keep yourself and your community healthy.”

It’s time these politicians stop taking “donations” from Big Pharma or anyone connected with Bill Gates, and just for ONCE actually represent and protect the people! This is the fate of all Republics. They always become for sale to the highest bidder.

Big Bird Gets Vaccinated


Armstrong Economics Blog/Vaccine Re-Posted Nov 10, 2021 by Martin Armstrong

Sesame Street is using its platform to convince children to take the experimental mRNA vaccine. Klaus Schwab is an extremely dangerous man who has even started indoctrinating school children into his agenda using the Sesame characters. I strongly urge you to have your children stop watching this show. Schwab has taken this over to brainwash your children.Video Player

Senator Ted Cruz called this “government propaganda…for your five year old!” Regardless of your political beliefs, it is clear that this is completely wrong. Impressionable kids cannot understand the consequences of taking a vaccine with known life-threatening side effects. The long-term side effects are still unknown, but there have already been reports of children suffering irreparable damage. The death rate for children is 0.00%-0.03%, and it is completely unnecessary to subject children to this absurd experiment.

President Biden retweeted the comment and wrote, “Good on ya,@BigBird. Getting vaccinated is the best way to keep your whole neighborhood safe.” Basically, they are shaming young kids, as they did adults, to take the vaccine for the greater good. I have heard stories of parents whose kids were begging for a vaccine as they were worried the other children would not want to play with them. This is the desired effect of the propaganda. Marketing the vaccine to children is a new low and the people behind this should be condemned. What’s next? Including a needle in Happy Meals? Parents should be outraged that a seemingly innocent Sesame Street character is being used to peddle vaccines to their kids who could not possibly understand the consequences.