Powell Warns of Stagflation


Posted originally on Apr 18, 2025 by Martin Armstrong

STAGFLATION

Socrates has honed in on 2025 becoming a year of great stagflation in the United States. The Federal Reserve has finally admitted that the data is undeniable—the United States will experience stagflation.

The economy is declining but prices are rising. Most understand inflation, especially in the post-COVID world, but few understand stagflation. Stagflation is when you have high inflation and stagnant economic growth at the same time. Normally, inflation is supposed to go hand in hand with rising demand and growth. But during stagflation, prices go up even though the economy is barely moving.

“Powell said the president’s tariffs announced so far had been ‘significantly larger than anticipated’, adding that ‘the same was likely to be true of the economic effects, which will include higher inflation and slower growth’,” as reported by every major media outlet. Powell “later added that those economic effects may place US rate setters ‘in the challenging scenario in which our dual-mandate goals are in tension’. The Fed’s dual mandate is to maintain the target 2% inflation while encouraging “maximum” employment levels.

JeromePowellFedChair

“Maximum” employment is simply not possible during a period of stagflation. Investments dry up, confidence collapses, and businesses face higher costs in every area from wages to materials. Consumers lose purchasing power and are less likely to purchase nonessential goods at inflated prices, affecting business revenue and overall GDP. This then forces businesses to cut back on hiring instead of focusing on expansion. Many businesses will be unable to maintain large workforces if the revenue is not there.

The FOMC members seem to agree that stagflation is inevitable, although some argue about how long it will last. “Several Fed officials — including John Williams, head of the New York Fed, and Governor Christopher Waller — have said inflation is likely to surge in the coming months on the back of the administration’s proposed tariffs. While Waller thinks the impact of tariffs will prove short-lived, other members of the rate-setting Federal Open Market Committee, which Powell chairs, believe Trump’s tariffs have increased the odds that inflation will be a longer problem for US consumers.”

Now the central bank has maintained interest rates at 4.25-4.5% this year. Everyone is holding their breath for the Fed’s May announcement, but there is very little that the Fed can do here. Capital investment depends on confidence. Our models have honed in on May 19, 2026, as a major turning point in confidence where the next Panic Cycle will begin, and unfortunately, confidence will decline into 2028.

Steve Bannon And Julie Kelly Slam The House For Lack Of Action Towards Rogue Judge


Posted originally on Rumble By Bannon’s War Room on: Apr 16, 2025, at 9:00 pm EST

Julie Kelly Questions Judge Boasberg’s Knowledge Of Migrant Flight Schedule Amid Legal Battle


Posted originally on Rumble By Bannon’s War Room on: Apr 16, 2025, at 8:00 pm EST

Tucker interview Maxime


Posted originally on Apr 16, 2025 by Martin Armstrong 

Maxime Bernier

Tucker interviews Maxime

The Fake Analysts Scaring Everyone About the Dollar


Posted originally on Apr 16, 2025 by Martin Armstrong

1900X Y 8 2 2020

QUESTION: We all know who copies your work and pretends it is his. He is out now scaring the world that the dollar is going to crash, for the Chinese are selling dollars. You are the only person with a real database. What is your view on the dollar?

WKN

China holding US Debt 4 16 25

ANSWER: I know who you are talking about. I get emails about him all the time. He likes the notoriety but lacks the staff or the database to provide his self-proclaimed forecasts. I will provide the specifics on the private blog. However, April has been our target for many months. The often people out there constantly calling for the demise of the dollar are MORONS. They never look outside of the United States. They may be claiming that China is dumping dollars, but they began liquidating US debt in the tens of billions in 2013, and accelerated that because of Biden’s Neocons post-2022. They pretend this is something new, all because of Trump. They make it sound like they are on top of this, but where have they been since 2013?

China holding US Debt Array 4 16 25

Trump is fulfilling the cyclical forecast. We have been expecting a sell-off into 2025, which has been the biggest target identified by our computer for the past few years. I have conveyed my concerns to people in Congress. I am not so sure this does not just go over everyone’s head. The volatility will rise even further next year. If we penetrate the 2025 low next year, then this selling of US debt will continue into 2030, if not into 2032. That will be because NATO launches its contrived war against Russia and utterly destroys the European economy and extinguishes the EU.

Judge Boasberg Threatens “Criminal Contempt” Charges Against Trump DOJ, Threatens to Appoint Independent Judicial Branch Criminal Prosecutor Against Trump Administration


Posted originally on CTH on April 16, 2025 | Sundance

It’s not the first part of the 46-page ruling [SEE HERE] by Judge James Boasberg, threatening to hold President Trump and Main Justice in criminal contempt of court, that presents the biggest problem; it’s the second part where Boasberg is threatening to appoint an independent Judicial Branch prosecutor against the DOJ and Trump that makes a constitutional crisis tilt toward a near civil war between the branches.

Outlining his determination that President Trump defied a court order, U.S. District Judge James Boasberg states, “the Court ultimately determines that the Government’s actions on that day demonstrate a willful disregard for its Order, sufficient for the Court to conclude that probable cause exists to find the Government in criminal contempt.”

As noted by Politico, within the ruling Boasberg goes on to say:

…”if the administration doesn’t rectify the issue, the judge said he may require administration officials to testify under oath so that he can identify the specific individuals responsible for violating his order. He would then request that those individuals be prosecuted.

The judge signaled he could appoint an outside lawyer to prosecute the contempt case if the Justice Department declines to do so.” (link)

I think we all know the very select group of “beach friend” people whom Boasberg would lean toward in appointing someone to prosecute Pam Bondi and DOJ officials representing President Trump.

High on the list of possible judicial branch appointments, who would be subject to review by the authority of Boasberg himself, would be his prior friendship with a previous appointee, Mary McCord.  Or possibly Andrew Weissmann, Barry Berke, Norm Eisen, David Laufman or any other credentialed member of the Lawfare alliance.

The ruling somewhat reminds me of a prior situation where federal judge Andrew Hanen found the Obama DOJ also in contempt of a court order regarding the status of the “Dreamers” and the Deferred Action for Childhood Arrivals (DACA) cases. {Background Here}  However, unlike Boasberg, Hanen only demanded a DOJ corrective action plan.

Lawfare operatives in robes and out of robes are willing to create a constitutional crisis, because that’s how the Lawfare operatives operate when their grip on power is threatened.

Jim Hoft Interviews Pete Schwartz: A J6 Survivor on Prison, January 6th, and Rebuilding Life


Published originally on Rumble By The Gateway Pundit on Apr 9, 2025 at 11:00 am EST

The JFK Conspiracy Has Protected Neocons for Decades


Posted originally on Apr 8, 2025 by Martin Armstrong 

Garrison Jim mid life armsy

James Garrison served in the U.S. Army Air Forces during World War II, joining the year before the Japanese attack on Pearl Harbor. Jim Garrison’s military career trained him as a pilot and was assigned to the 8th Air Force in Europe. He flew reconnaissance missions over Nazi-occupied territories, contributing to intelligence-gathering efforts. His role involved photographing enemy positions and assessing bomb damage. By the end of the war, he attained the rank of lieutenant and was honorably discharged.

After WWII, Garrison joined the Louisiana National Guard while pursuing his legal education at Tulane Law School (graduated 1949). He remained in the National Guard throughout the 1950s, rising to the rank of lieutenant colonel. He retired from military service in 1957 to focus on his legal and political career. After the war, he obtained a law degree from Tulane University Law School in 1949. He then worked for the Federal Bureau of Investigation (FBI) for two years, stationed with the Seattle office.

His military experience informed his leadership style, but did not directly overlap with his later role as District Attorney of New Orleans (1962–1973). Garrison is better known for his controversial investigation into President John F. Kennedy’s assassination, which overshadowed his military contributions. Garrison’s military career demonstrated a commitment to service, though it remains a lesser-known aspect of his life than his legal and political endeavors.

Khruschev Nikta

Jim Garrison stepped into the middle of the Neocons’ nest of corruption. During the 1960s, they were scheming to get us to (1) invade Cuba, and (2) invade Vietnam. In both cases, they assumed the Russians were behind both and with all of their conspiracy theories that Russia was trying to destroy the United States, thanks to Kruschev’s boast We will bury you, which launched their attempt to seize control of the United States’ foreign policy.

John_Kennedy_Nikita_Khrushchev_1961

President Kennedy violated the NEOCON FIRST RULE – NEVER TALK TO A RUSSIAN!. Kennedy and Khrushchev first met at the Vienna Summit in June 1961. Before meeting face to face, their contact began when Khrushchev sent Kennedy a message on November 9, 1960, congratulating him on his presidential election victory and stating his hope that “relations between [the US and USSR] would again follow the line along which they were developing in Franklin Roosevelt’s time.”

There were some Russians who were anti-Khruschev and risked their lives to inform the US about his plans for Cuba and what became known as the Cuban Missile Crisis of 1962. What the Neocons ignored was that there was a coup in Russia to overthrow Khruschev. They hated all Russians, no matter what.

JFK Willingboro Oct 1960

I was just 10 years old when my father took me to Willingborough, New Jersey, during the 1960 campaign to listen to JFK. I shook his hand, but unlike Bill Clinton, that did not make me want to become president. I remember the hatred of those days. First, it was that the Pope was going to run the United States because he was Catholic. Then later, I remember people calling him a traitor for meeting with Khruschev.

NorthwoodsMemorandum

Then the CIA proposed on March 13th, 1962, to kill Americans to create a false flag to blame Cuba to justify an invasion. This was Operation Northwoods. JFK concluded that these Neocons were deranged, evil, and had no problem killing people to create war. He wanted to terminate the CIA. The CIA was pulling off covert operations that were never authorized. Established in 1961 by President John F. Kennedy to unite several foreign assistance organizations and programs under one agency, statute law places USAID under “the direct authority and policy guidance of the Secretary of State.”

The goal of this agency was to counter Soviet Union influence during the Cold War and to advance U.S. soft power through socioeconomic development. USAID was subsequently established by the executive order of President John F. Kennedy, who sought to unite several existing foreign assistance organizations and programs under one agency. Anyone dealing with Washington has always heard that this was a mega slush fund. It started with the CIA, but the Democrats used it to promote their Marxist agenda. Kruschev was right, our enemy would come from within. Despite Marxism failing every time, the Democrats still preach the class warfare hatred of Karl Marx.

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Then, on June 10th, 1963, after the Cuban Missile Crisis, Kennedy made what has been called his Peace Speech. That seemed to have been the turning point when I would hear people talking, calling him a traitor. Then, about 5 months later,  the Neocons assassinated JFK. John F. Kennedy, the 35th president of the United States, was assassinated while riding in a presidential motorcade through Dealey Plaza in Dallas, Texas, on November 22nd, 1963

Khruschev

Beginning in March 1964, Supreme Soviet presidium chairman and thus nominal head of state Leonid Brezhnev began plotting Khrushchev’s removal with his colleagues. Brezhnev had initially considered having Khrushchev arrested for treason. Cooler heads prevailed, and it was decided that persuading members of the Central Committee to support the ousting of Khrushchev was the better choice to avoid civil war. Khrushchev was absent from Moscow between January and September 1964, allowing the dissent to fester inside Moscow.

Garrison said in response to an NBC program that was highly critical of his pursuit of the alleged Kennedy assassination conspirators in New Orleans. On July 15, 1967, NBC allowed Garrison to give that response on the air.

Oliver Stone’s famous film, JFK, followed the prosecution of Jim Garrison and the tremendous effort to cover up the assassination of Kennedy and the immense effort to exonerate the CIA and maintain that Oswald was a lone shooter. Oliver Stone did a second film, a documentary, JFK Revisited.

The day after Kennedy was assassinated, Johnson had a meeting about going to war in Vietnam, all because the Neocons assumed that Russia was behind that. Robert McNamara, before he died, apologized, saying that they were wrong – it was just a civil war, and Russia was not involved.

oswald Lee Harvey

Some say there is an unanswered question about the following timeline:

On March 1, 1967, Garrison arrested and charged New Orleans businessman Clay Lavergne Shaw with conspiring to assassinate President Kennedy, with the help of Lee Harvey Oswald, David Ferrie, and others.

On July 15, 1967, NBC allowed Garrison to give his response to NBC’s critical program about him.

On January 29, 1969, Shaw was brought to trial in Orleans Parish Criminal Court.

On March 1, 1969, a jury took less than an hour to find Shaw not guilty.

The question is, when did NBC obtain the evidence that Oswald could not have shot Kennedy, because NBC has a photo showing Oswald on the street at the time shots rang out? If that evidence was in the hands of NBC before July 15, 1967, then NBC let Garrison perform a dog and pony show when he gave his response to NBC’s “highly critical” program about him on air on July 15, 1967. If NBC obtained the evidence after July 15, 1967, but before January 29, 1969, it withheld crucial evidence from a criminal trial and thereby acquired every bad attribute, badge, and brand that anyone who withholds evidence must bear forever – obstruction of justice involving the assassination of a president.

Oswald Marina
    • After JFK’s assassination, Marina cooperated with authorities, including the Warren Commission. She testified that Lee owned a rifle resembling the murder weapon and acknowledged his pro-Castro sentiments and erratic behavior. Her testimony contributed to the Commission’s conclusion that Oswald acted alone.
  1. Expressed Doubts Over Time:
    • In subsequent years, Marina began to express doubts. She questioned whether Lee could have acted alone and suggested the possibility of a conspiracy. In her 1978 book “Marina and Lee” and interviews, she speculated about external influences or a setup, though she did not outright deny his involvement.
  2. Later Statements:
    • By the 1990s and 2000s, Marina continued to voice skepticism about the official narrative, emphasizing gaps in evidence and the plausibility of a broader plot. However, she stopped short of definitively exonerating Lee, often maintaining ambiguity about his exact role.

Gary Underwood

One document that the CIA has been hiding is the Gary Underwood document that states plainly that the CIA ASSASSINATED Kennedy. The reason this is important is that the Neocons are still running the show, lie about everything, and are in complete control of Europe, and are moving to achieve their ultimate goal – the total destruction of Russia, which is not fulfilling Ukraine’s ethnic cleansing of all Russians.

For example, Stone’s 1991 film “JFK” faced harsh pushback from historians for its suggestions that Kennedy’s death was the result of high-level conspiracies. Here, Oliver Stone appears after the most recent testimony before Anna Paulina Luna’s commission.

Conclusion:

Marina Oswald never categorically denied Lee’s involvement but evolved from initial cooperation with the official investigation to expressing persistent doubts about the lone-gunman theory. Her later remarks leaned toward skepticism, hinting at conspiracy possibilities without entirely absolving her husband.

World War III is unfolding before our eyes because the Neocons have been protected since the JFK assassination!

Barry McGuire – Eve Of Destruction (1965)

Obama Encourages Student Protests


Posted Apr 7, 2025 by Martin Armstrong
Trump Obama Neocon War Bombs

Former President Barack Obama is urging Americans to resist Trump’s policies even if it means making “sacrifices.” “It has been easy during most of our lifetimes to say you are a progressive, or say you are for social justice, or say you are for free speech, and not have to pay a price for it…And now we’re in one of those moments when…it’s not enough just to say you’re for something. You may actually have to do something and possibly sacrifice a little bit,” Obama said.

Obama declared that universities were under attack by the Trump Administration. Trump has revoked funding for schools that permitted pro-Hamas rallies and deported international students who took part in those protests. There was clear evidence that many of these rallies were organized by powerful outside influencers funded by Democrat-backed super PACs and philanthropists like Soros. Worse, international terrorist organizations influenced these rallies. Sami Al-Arian, a known terrorist who was once deported, advised associates and his wife to camp out along with the college students.

Obama also called upon law firms to resist the current president, hoping for massive lawsuits to be brought against the current administration. Obama did not specify what “sacrifices” would be needed but his message is clear—raise hell.

“All of you have grown up in an international order that was created by America after World War II. … This is an important moment because in the last two months, the U.S. government has been trying to destroy that order,” Obama said. “Democracy is pretty recent in its vintage. An international order where you cooperate instead of fight is new. It’s fragile.”

obama trump meeting

The social justice warriors have already lost control. Tesla dealerships have burned to the ground, while every day citizens have had their vehicles vandalized with swastikas or worse. The left pushes for social unrest when they are losing. Obama is promoting the rhetoric that Trump is a threat to democracy, and as such, the people should continue to fight the current law and order. It should be the responsibility of politicians to pushback on policies. But since the people are not voting for politicians on the left, Democratic leaders want the public to protest and make headlines.

The left spent the last four years threatening anyone who did not accept Biden as their president. Now, we have a former president emerging from the shadows to urge his supporters to resist democracy and ignore the current administration’s policies that the majority of Americans voted for.