Posted originally on Aug 4, 2024 By Martin Armstrong |
Click here or on the video above to watch my latest interview with Pietro Messina of South Front broadcasting from Palermo, Sicily
Click here or on the video above to watch my latest interview with Pietro Messina of South Front broadcasting from Palermo, Sicily
I have been warned that our computer does NOT show that Ukraine will survive. You should NOT send anything to Ukraine, and you certainly should NOT invest in any nonsense to rebuild Ukraine. The nation with the MOST corrupt politicians, all with hidden offshore accounts, has always been Ukraine. As I have said, we had two employees in Ukraine – one in Kiev and the other in Donestk; the latter translated the move of the Forecaster into Russia so it could be shown in Russia. The two would never even talk to each other.
Our computer has forecasted that Ukraine has gone FLAT LINE, like a brainwave of a person in emergency care at a hospital. DO NOT INVEST ANYTHING in Ukraine – you will NEVER get anything back –EVER!!!!!!!!!!!!!!!!!!!!! More funds always go missing in Ukraine. There is NEVER any accountability. Ukraine is the MOST corrupt society on the face of the planet – PERIOD. Even Forbes has said Ukraine owes it to itself to clean up corruption. This is why Zelensky has a core of American bodyguards because what I hear from Ukrainians is that if he was on fire, they would not urinate on him until he was dead. Even CNN, which is a cheerleader for World War III, has had to report on the corruption in Ukraine. Even the more respected Foreign Policy magazine reported that Ukraine’s ongoing corruption issues have had on U.S. congressional Republican support for the country.
The Ukrainian people need to rise up and save their country from total annihilation. Ukraine remains the most corrupt government in the world, and they are selling the Ukrainian people for personal wealth and greed with ZERO remorse for their nation or their people. Ukrainian politicians topped all other countries for corruption. Even in the Pandora Papers, 38 Ukrainian politicians have to hide cash offshore – the largest number of corrupt politicians in any other country. Zelenskyy’s office tried to justify his use of offshore companies for himself as protecting him against pro-Russian forces, following leaked revelations in the Pandora Papers.
Zelensky signed a new law on August 1st that suspended all public debt payments until October. He suspended debt before. The Zelensky now has the authority to postpone payments on external public debt until restructuring negotiations are seen through. Zelensky has suspended elections because he knows the people would throw him out of office so fast – he has sought to maintain a total dictatorship.
Zelensky’s “bodyguard” is far more dark than people understand. Maksym Donets was appointed as his chief bodyguard, provided by the very oligarch who funded his campaign, the tycoon Ihor Kolomoisky, who also just happened to hire Biden’s son for the board of his company Barisa. This appointment not only underscores the deep links between Zelensky and Kolomoisky, but there is yet another layer of invisible protection from the people who really want to assassinate Zelensky – Ukrainians, not Russians.
In December 2020, Biden acknowledged in a statement that he was the subject of a federal investigation into his taxes. NBC News was first to report that an ex-business partner had warned Biden he should amend his tax returns to disclose $400,000 in income from the Ukrainian firm, Burisma. Even the US State Department eventually barred Ihor Kolomoisky from the USA, saying he “undermined the rule of law” in Ukraine after ensuring Zelensky won.
While Maksym Donets appeared to be the face of Zelensky’s bodyguard, sources have stated that the core of the bodyguard is American because they do not trust Ukrainians. On the exact day of the turning point of May 7th, two Ukrainian military officers were arrested for conspiring to kill Zelensky, and he immediately claimed it was a Russian plot. Sorry – it was Ukrainian.
With each passing day, our Nation is declining into a state of where civilization is no longer sustainable. Senate Majority Leader Chuck Schumer has introduced legislation seeking to strip Donald Trump of any immunity for his definition of a criminal action, in a blatant usurpation of power where he seeks to reverse the Supreme Court’s landmark decision on Trump’s Immunity calling this the “No Kings Act” where he has asserted the unconstitutional attempt to strip[ the Supreme Court completely stating that ONLY Congress, not the Supreme Court, determines to whom federal criminal law is applied.
Schumer had better study law if he wants to pretend to be outraged over the Supreme Court’s Immunity decision regarding Trump. He would NEVER say a word if it was concerning Biden. People like Schumer are destroying the United States with their Marxist agenda. He should look at the immunity that senators and representatives have as laid out in Article I that they are “privileged from Arrest during their Attendance at the Session of their respective Houses, and in going to and returning from the same; and for any Speech or Debate in either House, they shall not be questioned in any other Place.” The Founding Fathers put that in the Constitution, for they knew that people like Schumer would pull every trick to manipulate the country back then. Yet, all we hear is that Trump should be prosecuted for his speech on January 6th.
Schumer is a complete hypocrite, and I find it really offensive the antics he constantly pulls that are dividing the country. He should also look at the fact that the Attorney General is ABSOLUTELY IMMUNE even if he recklessly indicts Trump or if a prosecutor brings charges against you, even for personal reasons. The Supreme Court previously held
“A state prosecuting attorney who, as here, acted within the scope of his duties in initiating and pursuing a criminal prosecution and in presenting the State’s case, is absolutely immune from a civil suit for damages under § 1983 for alleged deprivations of the accused’s constitutional rights.”
On top of the question of Immunity, the very foundation of Due Process of Law is NOTICE: They cannot pass a law after you did something to make then it a crime. This rhetoric coming from Schumer is so damaging to the country; he is driving our nation into civil war because he is out of control and believes himself to be a demigod, pushing his political vendetta against every principle of law and the building blocks that were the foundation of our country. He is a vile supporter of the DEEP STATE. To even come out like this shows that he should honestly be arrested for what he is doing to our country. He supported the denial of any right to vote for a candidate, keeping RFK off the ballot because this entire candidacy of Harris was a back-room deal. He should look in the mirror to see what he is doing with this NO KINGS ACT.
Schumer’s acts are so anti-American and UNCONSTITUTIONAL that she should not be representing anyone – EVER!
Chuck Schumer has violated his oath of office, and this latest bill is a usurpation of power even worse than the Democrat’s exaggeration of January 6th. He should be taken out of the Senate in Chains, for he has sought to destroy everything that the United States was built upon. They have conspired against Trump and RFK because they NEVER want anyone from outside of their little club on Capital Hill.
Obviously, Chuck Schumer is a complete idiot and should not be representing even a stray dog on Capital Hill. If he understood the Constitution, he would know that the bill he has just introduced is so outrageous it borders on not just partisanship but outright Treason against the United States. The leading case that every law student knows is Marbury v. Madison, which is the seminal case on this very subject of the separation of powers.
It began in January 1801, when then-President John Adama had been defeated in his reelection bid. There was a vacant seat, and Adams sought to fill the position of Chief Justice at the U.S. Supreme Court before he left office. Adams initially asked former Chief Justice John Jay to return to take the position. However, John Jay turned down the offer. Adams then nominated his Secretary of State and close advisor, John Marshall, who had been a lawyer but never a judge, to take the position on the Supreme Court. Senate unanimously confirmed him for the top spot on the court.
With two months left in his term, Adams also asked Marshall to remain simultaneously as his Secretary of State and Chief Justice. Obviously, that was a huge conflict of interest, as he was serving in both the Executive and the Court at the same time. Adams was a Federalist who had just lost the election to his political enemy, Thomas Jefferson. In a partisan move, Adams rushed to fill as many other judicial positions as possible before his political enemy took power. The hatred of Adams toward Jefferson was famous. They both died on July 4, 1826, with Adams at the age of 90 and Jefferson at 83. On his deathbed, Adams spoke his last words: “Thomas Jefferson still survives.” He was mistaken: Jefferson had died five hours earlier at Monticello that same day. Nonetheless, this shows how our nation was also deeply polarized over this issue of centralized Federal absolute control over individual states.
On the day before Adams’ term ended, he nominated 42 men to serve as justices of the peace, who were the lowest judges for minor legal cases, but they were Federalists. After the Senate approved his choices the next day, Marshall was assigned to finalize the paperwork and deliver the commissions. It was a mad rush, and he never got to four of them, including one belonging to a Virginia politician named William Marbury.
When Thomas Jefferson took the White House, he was somewhat perturbed at Adams’ unethical antic in a desperate attempt to pack the federal courts with political allies. Jefferson told his own Secretary of State, James Madison, to withhold the four undelivered commissions. Marbury sued to get his job. Marbury could have gone to the U.S. Circuit Court of the District of Columbia, where he might have prevailed. However, Marbury went directly to the Supreme Court and petitioned for a Writ of Mandamus, an order to command Madison to give them their commissions.
On February 10th, 1803, the Supreme Court convened to hear the case – Marbury vs Madison. The case centered on three issues. First, did Marbury and the other appointees have a right to their commissions? Second, if they did have a right that had been violated, did federal law provide a remedy? Finally, was an order from the U.S. Supreme Court the proper remedy to solve the problem?
Chief Justice Marshall, Adam’s buddy and former Secretary of State, presided over the case. He should have recused himself under today’s ethics since he played a role in the very events in question. The Supreme Court found in Marbury’s favor. However, it wasn’t clear whether Jefferson would obey the Court’s decision or simply ignore it. If Jefferson ignored the Supreme Court, that would have placed the Supreme Court seriously in a position of being irrelevant. If the court ruled in favor of the Jefferson Administration, it would appear like it had given in to political pressure.
Marshall was undoubtedly in a difficult position, and he wrote the decision. He found that Jefferson had violated Marbury’s and the other appointees’ rights when he blocked their commissions since they had already been confirmed and affixed with seals. He further held that Marbury was entitled to sue and seek a legal remedy, and a federal judge could issue a writ ordering Jefferson to comply. This was a very tall order.
However, on the third question, things were very complicated. The Supreme Court’s ability to hear Marbury’s case directly was based upon a portion of the Judicial Act of 1789. This Act gave the court the power to issue writs directly to federal officeholders without a plaintiff going through a lower court. But as Marshall wrote, Article III, Section 2 of the Constitution already specified that the court had original jurisdiction in limited types of cases involving “ambassadors, other public ministers and consuls, and those in which a state shall be party,” and could only act as an appeals court in all others. Therefore, Congress’s enlargement of the Supreme Court’s jurisdiction was unconstitutional. In a landmark decision that has defined the separation of these three branches of government that Chuck Schumer has ignored, Marshall wrote:
As a result, Marshall concluded, “the Constitution of the United States confirms and strengthens the principle, supposed to be essential to all written constitutions, that a law repugnant to the constitution is void, and that courts, as well as other departments, are bound by that instrument.”
The decision in Marbury v. Madison was immediately recognized across the nation as the profound definition of our nation. The idea that the Supreme Court could overrule an act of Congress actually predated Marbury v. Madison— when Alexander Hamilton argued that very point in The Federalist Papers in 1788—where we find this principle now was firmly established in law. Thus, this case made clear that the ruling established the power of the federal courts over other branches of government to interpret the nation’s laws. Marshall wrote:
Today, thanks to Marbury v. Madison, the federal courts’ authority is undisputed. Chuck Schumer has absolutely no justification to be in the Senate. He has rejected the law of the land all for partisan politics. Schumer should be IMPEACHED and removed from office. He is polarizing the country, and it is one thing if his argument is even lawful, but when he seeks to strip the Supreme Court of the very role of deciding what the law is, he has gone too far and should be removed for violating his oath of office and is a disgrace to our nation.
As Thrasymachus said some 2500 years ago, JUSTICE is only the self-interest of those in power. Schumer has proven that mixing politics and law is the death sentence for any society. We are rapidly approaching 2032, when it will be time to turn out the lights on the experiment called a Republic. Franklin understood the cycles of time and circumstance.
The private debt crisis is becoming apparent in America after car repossessions jumped 23% during the first half of 2024. Data shows that 1.6 million Americans will have their car repossessed by the bank before the end of the year, a slight increase from the 1.5 million autos repossessed in 2023 and a drastic upturn from the 1.1 million in 2021.
Obviously, the cost of purchasing a car have drastically risen with inflation, interest hikes, and supply chain shortages. Americans simply cannot afford new autos and car dealerships can do nothing to entice purchases. New car inventory in the US rose 36% this year, close to February 2021 levels before the supply chain crisis put a dent in imports. Yet, the average list price of a new car is $49,096 and far more than the average American can afford. The average new vehicle will sit in a dealer’s lot for 65 days, a 41% annual increase.
Dealerships are hardly asking for a downpayment these days unless someone has horrid credit. Even putting a few grand down will only take off about $20 per monthly payment. The average new car costs about $735 monthly based on data from Experian, and $523 monthly on used models. The average American simply is not educated in finance. Autos are behind mortgages in the largest share of personal household debt and there is a portion of the population who do not understand what they can actually afford.
The average American now borrows around $40,634 for new vehicles and $26,073 for used vehicles. About 9.2% of all consumer debt is through autos alone.
There was that viral story from April of a woman purchasing a Chevy Tahoe for $80,000 – without factoring in the interest on all household vehicles. Her husband purchased 2020 GMC Sierra 1500 AT4 for $78,000 in August 2022 and she simply could not understand why the payments on the truck were more than on the Tahoe. Well, the husband’s 14% rate on the vehicle placed their monthly payment or the truck $1,600. I recalled reading comments suggesting the family simply let the bank repo one of the cars as if that could be a valid option for personal finance.
Cox Automotive believes the trend of repossessing cars will increase into 2025 when they anticipate. 1.7 million cars being repossessed. As of Q1 2024, US household debt stood at $1.77 trillion; $12.44 trillion held in mortgage debt, $1.62 trillion in autos, $1.12 trillion in credit card debt, and $543 billion in other forms. Bank of America, Citigroup, Goldman Sachs, and others recently reported a stunning $4,139,000,000 loss in unrecoverable debt.
The banks will come after their assets if a payment is missed, with some only waiting 30 days after a missed payment to seize property. They may then ask for full payment to return the car which is simply not happening in these situations. While there are some who cannot compute their monthly payment, others are now living paycheck-to-paycheck and are one large bill or missed paycheck away from losing their shirts. Then we have agencies telling the public across Build Back Better nations that they will soon need to purchase an EV to adhere to the climate emergency. Cheaper alternatives from China have been slapped with 100% tariffs, and there are no alternatives. Governments are do nothing to assist this growing problem as the ultimate goal is to eliminate private car ownership under the premise of the Great Reset.
Tech CEO Amjad Masad talks to Tucker Carlson about the cults of Silicon Valley. Indeed, I think we can all see a modern Technocratic shift taking place.
Chapters:
00:00 Artificial Intelligence
10:01 Bitcoin
22:30 The Extropians Cult
29:15 Transhumanism
34:04 Longtermism
40:24 Are Machines Capable of Thinking?
43:11 The Two Conflicting Theories of Physics
49:46 The Difference Between Mind and Computer
1:04:24 The Abuse of Technology
1:12:36 Virtual Companionship
1:15:12 Do Silicon Valley Elites Acknowledge the Existence of God?
1:26:37 Silicon Valley Turning to Donald Trump
1:40:20 Elon Musk and Free Speech
♦ BIG PICTURE – Are the newest group of billionaire Silicon Valley tech leaders currently supporting MAGA Trump/Vance, really a modern assembly of the Green Dragon rebels in Boston, plotting the next Tea Party rebellion. Or are they simply just the other side of a new modern Technocratic control system, aligned with and dependent on government?
The Obama-era ‘Technocracy‘ was based on public-private partnerships with social media. This was the origin of the surveillance state that now scours, controls, filters, censors and ultimately monetizes your social media data profile. The operational and business model is cemented into the process now. Everyone accepts it. Terms and conditions apply, and if you don’t agree, you can’t use.
Is the pending Trump-era ‘Technocracy‘ a rebrand, pushing social media off to the side (that part is done) and bringing data processing control agents, artificial intelligence software designers, big money venture capitalists, banks and those who are creating digital id systems. Does Elon Musk, Peter Thiel, Bill Ackman, David Sacks, Chamath Palihapitiya, Jacob Helberg and Vivek Ramaswamy, now occupy the empty chairs around the table of Technocracy?
Was the 5/10-year business model in the mind of tech billionaire Peter Thiel what led him to recruit JD Vance in 2013. Was it a financial decision blended with ideology to guide, finance and support JD Vance all the way to 2022 and 2024? Was JD Vance an investment?
Truly, I suspect our gut knows the answer.
That’s why my approach is to say, “here’s the factual data – trust your instincts.”
[SOURCE]
Russia has announced that it will implement a digital ruble by next July. Moscow will begin using cryptocurrency for some foreign transactions to bypass sanctions and SWIFT. As of November 2024, Russia will permit crypto mining, so long as it is carried out under the watchful eye of the government.
The Bank of Russia will oversee crypto mining and overriding capabilities. The Russian government, alongside the central bank, will select mining pool participants and protocols. Gone are the days when anyone could seemingly anonymously mine crypto, as Russia is one of many nations that will begin to require complete government oversight.
Beginning on September 1, Moscow will attempt to use crypto for foreign settlements while creating a new electronic platform through the National Payment System (NPS) within the EPR framework. The central bank is already stating that it must monitor activities to “identify risks” relating to national security and terrorism. This is precisely why other nations will also begin closely examining crypto transactions to ensure that the government has the upper hand.
As for the digital ruble, all operations will go through the Russian central bank. All of the CBDC will be stored through the central bank, which they ensure is for citizens’ safety. Each digital ruble will carry a unique code, similar to a banknote, and people may transfer rubles from one digital wallet to another – all under the watchful eye of government. The decree for the digital ruble was signed into law last August, but authorities believe the average person will begin using it by 2025.
Bank of Russia head, Elvira Nabiullina, claims the digital ruble will be optional. “If they want – they’ll use it, if they don’t – they won’t. No one is forcing anybody to use the digital ruble,” Nabiullina said. Yet, what happens when the seller or buyer is only accepting digital rubles? There is some vague language about digital rubles having codes for specific usage to deter crime. Governments want control and there is no better way to control the people than usurping the money supply and what can be considered “money.”
Removing Russia from SWIFT prompted these actions. “Over 30 regulators are currently working on national digital currencies,” Olga Skorobogatova, the first deputy chairwoman of the Bank of Russia, reported. “I think that this speed, with which the regulators have delved into this field, speaks volumes about the fact that, in 5-7 years, several countries surely will step forward with their own national digital currencies. Then, we can discuss the questions of direct integration. In that case, we no longer need SWIFT, since these are different technological interactions.”
The move to CBDC was an inevitable next step. The International Monetary Fund developed a coin long ago and other nations have been working alongside their central banks for years. It will be easy for Moscow to force its citizens and businesses to make the switch as they’ve already been removed from SWIFT and have had their foreign assets frozen for simply residing in the wrong nation. There is a reasonable fear that their money is not safe.
The year 2025, one year away, will bring about the rise of countless CBDC. The ultimate goal is to create one centralized currency. We saw that it epically failed in Europe as those nations are now under the control of the One World European government, the unelected officials in Brussels who silence their own member states from dissenting. Yet to begin, nations will begin pushing for the use of digital currency before outright canceling “hard money” under the premise that they are protecting their citizens. In all actuality, the elite believes all the money in circulation belongs to them, and the only way to guarantee maximum taxation is to transition the people to a controllable, non-tangible monetary system.
Serving debt is the largest cost of Washington’s debt crisis; America currently spends $2.4 billion in daily interest fees alone. The debt and spending simply cannot keep up with what America is bringing in. The federal govt spent $658 billion on interest fees in 2023, a 38% jump from the $476 billion in servicing debt in 2022. That’s 2.4% of the entire national GDP spent on interest expenditures alone.
The Congressional Budget Office believes the US defense expenditures will reach $870 billion this year to put into perspective how wasteful these interest payments have become. The CBO also believes interest costs will spike to $892 billion by year-end, rising to $12.9 trillion by 2034. The previous high came in during 1996 at $468 billion.
“Interest is projected this year to be the second-largest federal program — it means your tax dollars are going to interest instead of going to everything else,” said Marc Goldwein, senior policy director at the Committee for a Responsible Federal Budget, a bipartisan think tank. So these offices believe the US will accumulate, because they won’t try to pay it off, a 20.3% in federal revenue costs for this debt by 2025.
The Peter G. Peterson Foundation broke the projected cost post 2032 to be $38,600 per American citizen. Not only is the US unable to pay this debt but those in government continue to spend TRILLIONS of dollars on programs that have not benefitted the people. This is one of the reasons that the US government is looking at a complete overhaul by the time we reach 2032 for it can not leave it for the next generation without consequences.
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!
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