Posted originally on May 17, 2024 By Martin Armstrong
The Democrats are looking for any possible way to expedite the immigration process for future blue voters. Eric Adams flops between crying to Washington for forcing the migrant crisis upon his sanctuary city and looking for ways to support its agenda. Since Democrats cannot be racist, Eric Adams offered a newly proposed solution for New York’s lifeguard short–migrants, who are “excellent swimmers.”
If Trump or any Republican made this statement, it would be blasted on the front page of every paper throughout the country. He’d be forced to make a public apology.
“How do we have a large body of people that are in our city, in our country, that are excellent swimmers and at the same time we need lifeguards — and the only obstacle is that we won’t give them the right to work to become a lifeguard,” the mayor said.
A spokesperson for the mayor clarified that it is impossible for a Democrat to be racist. “With more than 197,000 migrants who have come through our care since the spring of 2022, Mayor Adams has been clear that there is nothing more un-American than not allowing someone to work,” the spokesperson stated. “Anyone who is trying to make more out of the mayor continuing to make that point (Tuesday) is missing the forest for the trees.”
Adams said the bureaucracy is “in the way, ” preventing migrants from taking on jobs. The “bureaucracy” or in other words immigration papers to provide fast-tracked immigration status to unvetted illegal migrants who came to America from throughout the world. “If we had a plan that said, ‘If there was a shortage of food service workers and those who fit that criteria, we’re going to expedite you; if you have experience that you are a nurse and we have a nursing shortage, we would expedite you,’” Adams also stated.
As of April 2024, there were 6.5 million unemployed Americans, with the unemployment rate hovering around 3.9%. The left’s previous claims were that skilled labor was essential to import. The United States is facing a shortage of doctors, pilots, engineers, and other roles that require higher education.
America does not need to import millions of people to fill unskilled labor roles.
Posted Originally on May 16, 2024 By Martin Armstrong
The New York Federal Reserve reported that American households set a new record after plummeting into $17.69 trillion of debt, a 1.1% ($184 billion) increase from Q4 2023. Worse, the number of delinquencies is rising as households struggle to make ends meet amid the cost of living crisis. Inflation is not waning, taxes are rising, and America’s debt burden has become utterly unmanageable.
Mortgage balances rose by $190 billion and reached $12.44 trillion by March. People are paying far more in interest alone than they have in recent years. Those who bought in the hopes of refinancing are not in a good position. Auto loan debt rose by $9 billion, reaching $1.62 trillion.
Americans have been attempting to pay off their credit card balances, with overall credit card debt declining by $14 billion to $1.12 trillion. Yet, that was close to a record-high for credit card debt and we tend to see balances lowered after the holiday retail spending spree ends. Consumers do not want to pay those 20%+ interest rates on cards but many are forced to do so simply to put food on the table.
Delinquencies are rising – this is a major issue. It is difficult to crawl out of debt once someone is deep within the cycle. “In the first quarter of 2024, credit card and auto loan transition rates into serious delinquency continued to rise across all age groups,” said Joelle Scally, regional economic principal within the Household and Public Policy Research Division at the New York Fed. “An increasing number of borrowers missed credit card payments, revealing worsening financial distress among some households.”
Credit card delinquencies have reached their highest levels since 2012 when America was recovering from the Great Recession. In fact, by the end of Q1 2024, around 3.2% of all outstanding debt was in delinquency. The New York Fed reported a rise in missed payments across all debts, including those 90 days past due.
No foreign nation is coming to offer America a bailout check. The Biden Administration has made it clear that American households are NOT Washington’s priority. We are to continue working and paying taxes in order to fund foreign wars and climate change packages. How else will we house those 7+ million illegal migrants and offer them free healthcare and shelter? How else will we pay off the student loans for millions? How else will we continue to grow the public sector and pay for countless new social programs? Americans are in serious debt, and Washington is all but ensuring this trend continues.
Justice Brett M. Kavanaugh spoke at a judicial conference for the 5th U.S. Circuit Court of Appeals, which hears appeals from Texas, Louisiana, and Mississippi. Justice Kavanaugh said that unpopular rulings tend to become the fabric of constitutional law, pointing to the unpopular decision at the time in Brown v. Board of Education, which held that separating children by race in schools is unconstitutional. This is often the case, but the nation has become so polarized that you immediately see today, when a Judge rules, they turn to who appointed him to the bench. The presumption is that they rule not according to the Constitution but according to the political party that they are affiliated with.
Justice Kavanaugh made it clear that his family receives 24-hour security protection since, in 2022, a California man traveled to his house with alleged plans to assassinate him; outraged over pending decisions in cases dealing with gun rights, he wanted to see terminated and abortion, which he viewed should be allowed at any time before birth. Such issues have been so polarized by the press that the underlying security in this country is under assault. COVID unhinged a lot a people for a fair amount cannot withstand being locked down even in their home. That is why, in prison, they routinely throw people in what inmates call the “hole” to break them down mentally and force them to plead guilty when they lack the evidence for a fair trial.
Protesters also gathered outside Kavanaugh’s home following the high court’s ruling in 2022 overturning Roe v. Wade, which had given women a national right to abortion and sent the issue of abortion back to states to decide. Let’s make it clear: the Constitution says nothing about the right to have an abortion, and this is how the question of murder takes on a gray area. When is killing the unborn murder?
These people seem to think their view of the world should be forced upon the rest, and that is certainly not the foundation of civilization, where it ONLY works when we all benefit. Those who have been so intent on abortion rights lack the intelligence to understand that they are merely pawns in a chessboard game to reduce the Population carried out by the Gates and Rockefeller Foundations. Justice Ginsberg, who was appointed to the Supreme Court because she was a woman’s advocate, made it clear that Roe v Wade had NOTHING to do with a woman’s claim right to kill her unborn; it was about population control, telling women it was their right – and they got away with it. She made that clear, which was reported in the press when they were not so antagonistic to the truth.
Justice Kavanaugh told federal judges: “Stay as far away from politics as possible.”
“It’s an everyday thing. I don’t think it’s a ‘flip the switch.’ It’s showing up every day in the courtroom
and trying to be respectful of the parties in a way that is clear and understandable.”
I was offered the job of Chief Economic Adviser in the Bush, Jr. White House. I declined. Because we have offices around the world and I have advised Japanese and German automobile companies, it was plain to me that going before the Senate for an approval hearing means that they would call me a traitor because I advised non-Americans. Our staff is of every ethnicity, race, religion, gender, and persuasion, straight/gay. We are like a mini-UN where everyone gets along and brings their culture to the table. When you deal with politics, you are just the hated enemy of the opposite view.
I know others who have turned down job offers at the Federal Reserve and other institutions. If you are married with children, it is no longer a question of your personal career desire—shall you put your children at risk in school because of a parent’s political affiliation?
This has gone way too far. A nation this divided by such hatred cannot possibly stand.
Washington’s reckless spending comes with a cost to US taxpayers. While the fed may simply roll over their debt and issue new debt to pay off the old, the American public is on the hook for immediate liquidity every single year via taxation. The misconception that Biden would only target the wealthy needs to be dispelled as a recent study reveals that 63% of new audits targeted Americans earning under $200,000.
Now, Biden initially claimed he would send his troop of IRS agents to target Americans earning double that amount. The billionaire class was not targeted, as 80% of all audits were on filers earning under $1 million. Yes, there are far more taxpayers in the middle and lower brackets. However, the IRS merely claimed they would prioritize hunting higher earners; they never explicitly said they wouldn’t come after ALL Americans.
The entire hunt for taxation has been a war on the middle class, who is unable to file massive write-offs and cannot afford to continue paying Uncle Sam on every incoming and outgoing transaction, plus savings, income, and everything else from birth to death. Washington effectively lowered our purchasing power by fueling inflation through absurd fiscal and social policies, and now they are asking people to give them even more of whatever money that remains. Washington continues to spend taxpayer funds on initiatives that the people have never once voted on, and ahead of election season, Biden is going on yet another spending spree with your money to buy off voters.
The highest earners know how to avoid taxes. Trump famously told Hillary during a debate prior to the 2016 US Presidential Election that he obviously used the loopholes in the tax system, as do all financially savvy businessmen. “Her donors took massive tax write offs… and other things that Hillary as a Senator allowed,” Trump stated during the debate. “So do Warren Buffett, so does George Soros, and so do other people Hillary is supported by,” he added. Note that the Democrats in control have never repealed restrictions on these tax loopholes that only help their wealthy donors.
Every new war, aid package, climate change package, social program, and migrant who crosses the border is now the responsibility of the US taxpayer. They wrongly believe that our money belongs to the federal government, with the state also taking out their share. Then, they create new taxes, such as targeting capital gains, to ensure that every American is stretched thin. Did anyone vote for this nonsense? We do not live in a Democracy and anyone who says otherwise is either misinformed or lying.
It will become far easier for governments to extort the people when they introduce CBDC in January 2025. Uncle Sam will think you have hidden any cash on hand from him, cash that belongs to him, once they force us to digitize our dollars. Inflation will continue to rise above GDP and we will enter a period of stagflation. This is why I have warned countless times that private and tangible assets are a safer bet compared to cash as we move into 2028.
Posted originally on the CTH on May 9, 2024 | Sundance
Marjorie Taylor Green and Thomas Massive together brought a motion to the House floor to remove Speaker Mike Johnson from office. However, a considerable number of Democrats joined Republicans in a 359-43 vote to table the motion and protect Johnson’s speakership.
Paul Gosar (R-Ariz.) aligned with MTG and Massie. Eight Republicans including Andy Biggs, Chip Roy, Eric Burlison (R-Mo.), Eli Crane (R-Ariz.), Warren Davidson (R-Ohio), Alex Mooney (R-W.Va.), Barry Moore (R-Ala.) and Victoria Spartz (R-Ind.) all voted to remove Johnson and create an unknown outcome, perhaps even a Democrat speakership.
After the failed effort to remove him, Republican Speaker Mike Johnson spoke to the media. WATCH:
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I do not see any way this effort to remove Mike Johnson would benefit candidate Donald Trump, the MAGA movement, or the semi-supportive/passive-aggressive Republican Party that genuine MAGA has to contend with.
It also seems strange that many Democrats did not relish supporting the stupid effort and making a mess out of Congress in an election year. Factually, the only beneficiaries of this chaos scenario, a scenario that could have resulted in legislation to block Trump from office, would be Democrats and perhaps Ron DeSantis or RFK Jr. {BACKGROUND}
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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