Tag Archives: Money laundering

Sep 27 2022

Newsom Begs Illegals and Out-of-State Citizens for Votes


Armstrong Economics Blog/Politics Re-Posted Sep 27, 2022 by Martin Armstrong

The left is so afraid of a red wave this November that they will do anything to allow illegals to vote. California’s Gavin Newsom, who admitted his party is “getting crushed,” signed into law an act that will permit illegal immigrants to obtain an official government-issued ID. “We’re a state of refuge – a majority-minority state, where 27 percent of us are immigrants,” Newsom said after signing the legislation. “That’s why I’m proud to announce the signing of today’s bills to further support our immigrant community, which makes our state stronger every single day.”

“I mean, if we are going to be realistic, they pay you to be homeless here.”

In addition to providing illegals with government IDs, Newsom is campaigning for votes in other states. His campaign has placed billboards in seven states, urging women to move to California where abortion is legal (a bit odd since women do not exist in woke America). Newsom placed billboard and newspaper ads across Texas to criticize the state’s gun laws, claiming California is so much safer. He has even run commercials in Florida to beg people to move to California.

Newsflash: people live in other states because they do not want government tyranny and sky-high taxes. Democrats love saying that “Democracy is under attack” while threatening to remove our freedoms. The exodus from California continues as civilians and businesses can no longer handle living under Newsom.

Sep 26 2022

Liz Cheney “Declares War” Against Kari Lake


The Charlie Kirk Show Published originally on Rumble on September 25, 2022 

https://rumble.com/embed/v1iw997/?pub=as0d9

Liz Cheney is really losing it, she is making herself look like an vindictive idiot!

Sep 26 2022

Do You Feel Safe in America?


Armstrong Economics Blog/Politics Re-Posted Sep 26, 2022 by Martin Armstrong

Crime has been rampant across America over the last two years. The economic downturn hurt low-income communities the most, and some are turning to crime for quick money. The borders are open, and anyone can enter America from the south. Laws have been repealed to permit an assortment of crimes, sweetheart deals for violent offenders are common, and nearly every city has reported a sharp uptick in crime under the Biden Administration.

The Trafalgar Group conducted a study to ask Americans if they feel safe in the land of the free. An alarming 67.9% reported that they no longer feel safe in America compared to two years ago under the Trump Administration. Even 44.9% of Democrats admitted that they no longer feel safe, while 86.8% of Republicans cited fears.

Murders increased by 6% in 2021 across the nation but spiked 30% from 2019 to 2020. New Orleans, Louisiana, surpassed St. Louis as the murder capital of America with 52 homicides per 100,000 residents. Overall crime in New York City rose 37% this year alone – grand larceny is up 49%, auto theft rose 46.2%, robberies are up 39.2%, and assaults increased 18.6%. Crime in Chicago makes NYC look like Disneyland. Murders in Chicago are 5X higher than NYC and 2.5X higher than LA. Crime in Lightfoot’s Chicago rose 37% from 2021, and the police cannot do anything to help due to the law. Carjackings occur every five hours in that city. Homicides in Philadelphia reached a record high of 562 in 2021 and are on track to surpass that level in 2022. The full data for 2022 is not available, but crime is up everywhere you look.

Our Supreme Court cannot define “women,” but violence against the XX community is atrocious. One in five American women has been the victim of a rape or attempted rape. Around 43.6% of American women will experience sexual violence, and these figures are notoriously underreported.

I hope the 67.9% of Americans who no longer feel safe remember that when voting this November. The Democrats want to focus on guns, mainly taking them away from law-abiding citizens afraid of the rise in crime. There is no plan under the Biden Administration to curtail your chances of becoming a crime victim.

Sep 26 2022

US Housing Due for a Correction?


Armstrong Economics Blog/Real Estate Re-Posted Sep 26, 2022 by Martin Armstrong

Fed Chair Jerome Powell stated that the US housing market would “probably” go through a “correction” period. It is of no surprise as home prices were steadily rising from 2020 until recently after mortgage rates rose and many were simply priced out of the market. The supply chain shortages continue to present a problem for builders. Investors with cash were able to outbid other buyers, and houses lasted less than a week on the market before being sold for above asking. Clearly, this is unsustainable in the long term.

The great American dream of owning a home with a white picket fence sharply rose during World War II thanks to suburbs expanding and the GI bill that assisted service members in purchasing real estate. Homeownership during this time jumped to 65% from the Great Depression period. Surprisingly, home ownership actually increased during the Great Depression as well by 3.7% to 4%. Mind you, cultural dynamics were different back then. Women could not even open their own bank accounts. Living at home was common until marriage for both men and women, multi-family homes were more common, and people simply lived with less. The playing field is completely different today.

In 2021, the real estate industry accounted for 17% of GDP in the US. Investors, landlords, and house flippers did well during this housing boom, naturally. The average American suffered as rental prices are in line with monthly mortgage payments, but obtaining a house remains difficult for the middle class. Those with fixed low rates are not likely to sell. Shelter composes the majority of our household expenses, and countless people who did purchase at the height feel house rich but cash poor. The Fed is focusing on the demand side since it cannot control supply.

Sep 26 2022

Average American Lost Over $4200 Under Biden


Armstrong Economis Blog/Politics Re-Posted Sep 26, 2022 by Martin Armstrong

A new report by the Heritage Foundation claims that the average American had lost over $4,200 in annual income since Biden was sworn in due to rate hikes and inflation. They clearly are not factoring in retirement accounts or other investments, as most have lost substantially more.

Consumer prices are up 12.7% since January 2021, equating to each American losing $3,000 in purchasing power. The foundation estimates that the higher cost of borrowing has cost Americans another $1,200 annually. Mortgages have doubled, consumer debt is rising, and every area of life costs substantially more.

EJ Antoni of the foundation points out that Biden failed to act as inflation began to rise and pushed Congress to continue spending. The Fed miscalculated the situation and called the situation “transitory” while allowing the printing press to roll. Both Biden and the Fed attempted to dismiss inflation to avoid responsibility. Antoni stated:

“This financial catastrophe for American families is the direct result of a president and Congress addicted to spending our money, combined with a Federal Reserve compliantly enabling this addiction by printing more dollars. Washington recklessly spent trillions of dollars it did not have and paid for it with newly printed money, causing rampant inflation that has destroyed people’s purchasing power and jeopardized Americans’ financial futures.”

All gains under the Trump era have been erased in less than two years. Biden began paying people to sit at home and not work when he took office. Thousands were forced to leave their jobs due to COVID mandates. When people went back to work, the current administration led the public to believe that they were doing well due to higher wages, when in reality, inflation consumed any gains.

Biden eliminated America’s energy independence and created an energy crisis domestically that did not previously exist. Biden put America in direct confrontation with Russia and continues to funnel billions through Ukraine when some American cities do not even have clean drinking water. The $4,200 estimate is extremely low, considering that major US indexes are significantly down. Simply put, we are all worse off under the Biden Administration.

Sep 25 2022

The Head of Pfizer is a Veterinarian


Armstrong Economics Blog/Disease Re-Posted Sep 25, 2022 by Martin Armstrong

Albert Bourla is a veterinarian and not a medical doctor who is making a fortune selling his vaccines, not for animals – but people. He is the chairman and chief executive officer of Pfizer, after joining the company back in 1993. He use to be the chief operating officer.

He has COVID again. It seems that those who took the vaccine are developing immune deficiency to COVID like Biden who keeps getting it multiple times. I am not vaccinated, had it once, and that was it. When my daughter insisted I should go to Tampa Hospital to see the head of pulmonary, I said I was tested 5 times and it was always negative. He said the tests were not valid and they still think it was COVID. I went to a new doctor after my old one retired, when he asked if I was vaccinated and I said NO!, I was waiting for the propaganda. He said – Good!

Since this veterinarian tells the world we must be vaccinated, he seems to then listen to the CDC on how to take his own shit. When history is written about this period, I do not think it will be kind to this veterinarian handing out medical advice to people.

I would always make sure my kids were vaccinated. I would take the flu shot sometimes. Now, I will not take anything that comes from Pfizer. I would not trust this guy, especially with my dog. No wonder – he never had to take the Hippocratic Oath.

Sep 25 2022

Hillary Clinton Compares Trump Supporters to Nazi’s Following Hitler, as Baseline for Denying Autocracy of Democrats


Posted originally on the conservative tree houe on September 24, 2022 | Sundance

There it is again. A lot of attention is being paid to the remarks by Hillary Clinton where she compared President Trump MAGA rallies to Adolf Hitler rallies and President Trump supporters to Nazis. However, that’s not the dynamic that should be emphasized.

The real issue at the heart of the leftist nonsense is the part where they keep contrasting “democracy” vs “autocracy.”

It’s an issue I keep referring to {Here and Here and Here} because their nonsense is so easy to deconstruct.  Never has there been a more obvious example of Democrats acting as unilateral Autocrats as was exhibited during the COVID-19 crisis.  Biden literally mandated a vaccine.  Democrat governors and officials literally mandated rules and regulations by fiat with zero representative input.

For a full year of COVID-19, Donald Trump never dictated a single mandate and deferred everything to the states.  Trump’s unwillingness to force action, including federal mask mandates, became an election year campaign issue.  However, as soon as they took power, the Joe Biden authoritarian government, in combination with the state leaders who supported it, instantly became most autocratic, non-democratic, leaders in modern U.S. history.  Yet, in order to retain their insane ideological projection, all of them – including Hillary Clinton in this soundbite – must deny and pretend not to know that reality.  WATCH:

[Transcript] – “I remember as a young student, you know, trying to figure out how did people get, um, basically, bought in by Hitler?  How did that happen? And I watched newsreels and I’d see this guy standing up there and ranting and raving, and people shouting and raising their arms, and I thought – what’s happened to these people, why did they believe that?  

“I saw the rally in Ohio the other night, Trump is there ranting and raving for more than an hour, and you have these rows of young men with their arms raised. I thought, what is going on?  So, there is a real pressure, and I think it is fair to say we are in a struggle between democracy and autocracy.”

“You know, I believe one of the reasons that Putin decided ‘what the heck, I’m going to go invade Ukraine, I’m going to go and take them over, you know in three or four days’, is because he assumed if Trump had been reelected, Trump would have pulled us out of NATO, and then Trump didn’t end up back in the White House.”  

Man, I would love to have a few minutes with these knuckleheads, ask questions and challenge their bulls**t.