Posted originally on Jun 12, 2025 by Martin Armstrong
Once upon a time, requiring noncitizens to return home was not controversial. The left is not protesting migration; rather, they are protesting Donald Trump. Former President Barack Obama broke records for deportations under his administration and received bipartisan support.
Forcible removals reached 400,000 in 2012 alone, a record-high number for deportations at the time. Obama became the president to oversee the highest number of migrant removals with over 3 million people forcibly or voluntarily leaving the United States between 2009 and 2017. Only far-left extremist groups complained, labeling Obama the “Deporter-in-Chief.”
In comparison, George W. Bush expelled 3 million migrants, with Bill Clinton only removing 900,000. Prior to Trump, immigration rules were common sense. I could not travel to [insert the name of any country here], overstay my visa or illegally enter, and then expect that nation to financially support me and my extended family indefinitely.
“If they committed a crime, DEPORT THEM, no questions asked,–they’re gone!” Hillary Clinton said on the campaign trail. She said that migrants who wished to become naturalized citizens should be required to learn English, pay a fine for illegally entering the US, pay back taxes, and wait in line for their turn to legally immigrate. The Democrats cheered her plan. Again, these were common-sense concepts.
The media now remembers Obama for providing an easier path for citizenship and pandering to groups who repeated the “don’t separate families” line. Yet, Obama campaigned on the promise of removing illegal migrants because it was a danger to national security and a burden to taxpayers.
The pandemonium we see today has absolutely nothing to do with migration. Migration is the excuse to attack Donald Trump, the most hated man in politics, to cause and blame him for nationwide chaos. The Democratic Party once had values, but they no longer stand for anything other than violence and opposition without proposed solutions.
Posted originally on Jun 5, 2025 by Martin Armstrong
This is the first installment for our Institutional Clients concerning the two countries at the greatest risk of DEFAULT – Japan and Germany. We have provided the forecast for Japan’s default and explained in detail the internal battle between the Government, the Bank of Japan, and the Private Sector. This report exposes the truth about who holds what and the threat to instability as Japan also tries to cozy up close to NATO as a diversion for its fiscal mismanagement.
Investors have long fretted about the sustainability of Japan’s government debt as other nations, including Germany, are facing unsustainable fiscal mismanagement across the developed world. Japan has garnered the most attention due to its highest debt load relative to economic output and the heaviest debt-service burden. At the same time, the excuse has been that they are mostly self-funded, and as such, appearances are deceptive. Still, all Western nations are on a collision course with a sovereign debt crisis that will bring them all crashing down when the line at the door stops buying the new debt to roll over the old.
Japan’s fiscal mismanagement is not significantly worse than that of others. The pandemic, climate change, sluggish growth, and financial crises, accompanied by a lack of confidence, have led to an increase in government debt for many wealthy countries. At more than 250% of GDP, Japan’s gross debt stands out. Combined with sluggish growth and a shrinking population, many financiers and economists see it as an existential risk. The real question this report addresses is the real story behind the curtain, and when does this come to a head?
Posted originally on May 31, 2025 by Martin Armstrong
QUESTION: Marty, There seems to be a growing trend with States approving gold and silver coins as acceptable payment methods. You have always said that it would be coins and not bars. However Florida now states that the silver must be 99% pure. How will this affect the pre 65 constitutional coins like dimes, quarters and half dollars generally referred to a junk silver? Junk silver coins will of course be worth more if the price of silver increases however it appears that one may not be able to use them for any daily transactions. Would one be better off selling their junk silver and converting it to silver rounds immediately? What does Socrates or Socrates Jr think on this topic as it is certainly a new wrinkle. Thanks ! JimJ
ANSWER: I understand the act, and it only illustrates my point that when it comes to a silver bar, 99% of the people out there would NEVER know the difference between that and a bar of Nickel. That’s what I said; I prefer the pre-1965 silver coins because the average person can easily identify the date. They are ALREADY legal tender. So they are not demonetizing the silver coins.
The Roll of 20 – 2025 $1 American Silver Eagles are 99.9% silver. However, they are denominated as $1. This may be more confusing to the average smuck on the street. Personally, I have bags of silver coins, and I have a hoard of $20 gold coins that came from a central bank, which found them tucked away in the basement vault. They are all uncirculated 1924 Saints. This was a private offering.
Posted originally on May 30, 2025 by Martin Armstrong
Happening now: @GovRonDeSantis is in Apopka to sign HB 999 which “sets in motion #Florida’s full recognition of gold and silver as legal tender, giving Floridians the freedom to use precious metals for everyday transactions alongside traditional currency.”https://t.co/fRkQpDJE7Dpic.twitter.com/dOMajgwAsj
Florida Governor Ron DeSantis has declared gold and silver legal tender. HB 999 maintains that these precious metals may be used in payments if they meet specific purity standards. The bill goes into effect on July 1, 2026, but many are confused as to what this will entail.
As stated in the legislation: “Legal Tender; Revising the sales and use tax exemption for certain coin or currency; specifying that a person who claims the sales tax exemption bears the burden for determining whether the gold coin or silver coin meets a specified definition; providing a presumption regarding the purity requirements of gold coin and silver coin, etc.”
“We are the first large state to step up and to get this done,” DeSantis said. “And this is right out of the Constitution of the United States. So this legislation will authorize money services business like check cashers or PayPal to transmit and accept payment in gold and silver.” State Rep. Bill Bankson sponsored the bill with the goal to “eliminate the tax burden and make it a functional means of transaction between willing parties.”
To begin, Florida is not the first state to declare gold and/or silver legal tender. Utah passed the Utah Legal Tender Act of 2011, which declared coins of either metal legal tender. Oklahoma passed Senate Bill 862 in 2014, recognizing U.S.-minted gold and silver coins as legal tender and exempting them from taxation. Kansas and West Virginia have similar policies. Texas has recognized these coins as legal tender and enacted legislation to protect them from state seizure. Wyoming treats gold and silver as currency and has exempted it from sales tax. South Carolina and Louisiana have similar policies.
Florida’s approach is a bit more structured. Gold coins must be at least 99.5% pure and silver coins at least 99.9% pure to qualify as legal tender. The weight and purity must be imprinted on the metal with the name or symbol of the mint refiner. Both will be exempt from sales tax. The state government may choose to accept silver and gold coins for payments on taxes, dues, charges, and debts. Yet, these transactions must be done electronically, and the coins will be held by a public depository while processing. A regulatory regime will be established to handle coinage, process insurance, record-keeping, licensing, and consumer disclosure agreements, which the Office of Financial Regulation will oversee.
Will Floridians see people using silver coins to check out at the grocery store? No. The law entails that payments in gold and silver coinage are entirely optional, and no person or business is required to accept them in payments. Merchants will not be required to attain knowledge on metal purity or have scales behind the cash register. The difference now is that businesses are allowed to accept them if they choose to do so. There are numerous tax benefits to choosing metal over cash.
If John Doe wants to purchase a boat from a dealership with gold, for example, the dealership must voluntarily accept the coinage but is in no way obligated to do so. Then the dealership has the burden of verifying the spot price of gold or silver rather than the state. However, if you go to a bank to cash a check, the bank will have the ability to offer clients payments in gold or silver coinage rather than cash. Another aspect to consider is that Florida will no longer add a sales tax on transactions in gold and silver, lowering the cost for businesses and consumers by around 6%.
This signals the ongoing loss of confidence in the federal government. States are rebelling against federal mismanagement and offering residents alternatives to move off the grid. People tend to hoard gold and spend paper. Gold and silver are not practical as daily commerce but are a symbolic store of wealth. We are entering a phase where sovereign debt will become toxic, and states will begin to prepare for the inevitable chaos coming from Washington.
originally on Posted May 30, 2025 by Martin Armstrong
The US economy contracted by 0.2% from January through March of 2025. This is the second Q1 estimate provided by the US Commerce Department, with a third on the way on June 26.
Imports surged into the US during Q1 as corporations aimed to avoid incoming tariffs. The 42.6% uptick in imports marked the fastest pace of goods arriving in the US since Q3 2020. Business investment rose 24.4% in Q1, with business inventories adding 2.6 percentage points to overall GDP. Federal government spending fell by 4.6%, the largest drop in three years, but a deduction from overall GDP calculations.
Real consumer spending rose by 1.2%, albeit far less than the 4% posted during Q4 2024 and revised down from the first reading of 1.8%. Other reports indicate that Americans are spending far more on the essentials like utilities, health care, and housing. The Fed’s preferred inflation measure (PCE price index) rose 3.6%. Persistent inflation has led to cautious consumer behavior and a decline in demand for goods, contributing to the overall weakened reading for Q1.
Discretionary retail fell by 3% this quarter to 23% as consumers are less likely to purchase items like clothing, furniture, and electronics. Durable goods experienced a significant decline of 19%. The University of Michigan’s survey noted that decreased confidence has caused the demand for big-ticket items to decline. A lot of the demand we did see in Q1 was spending to offset anticipated tariffs. Autos, for example, rose by 11% YoY in March alone, and Q1 saw an overall 4.8% in auto purchases. That trend is not expected to continue as consumer sentiment is low.
April’s 2.3% CPI reading was the smallest annual increase since 2021, yet still above the 2% target set by the Fed years ago. The Fed isn’t fighting inflation. That phase is over. What they’re really fighting now is a collapse in confidence in the bond market, the dollar, and in the entire public sector. There will be no soft landing as once anticipated, as we are currently in a stage of stagflation.
Meanwhile, Fed Chair Jerome Powell met Trump at the White House on Thursday to declare that rate decisions would be based on “careful, objective, and non-political analysis.” “I’ve never asked for a meeting with any president, and I never will,” Powell said. “I wouldn’t do that. There’s never a reason for me to ask for a meeting. It’s always been the other way.” Trump invited Powell to the White House to encourage him to cut rates at the June meeting. The markets were pricing in a rate cut in June but now that does not seem as likely.
Trump fails to realize that the Fed is attempting to preserve confidence in the US, primarily in the debt market. We are witnessing cash deficits of over $1 trillion per quarter. Moody’s recently downgraded the US and no longer believes that Treasuries are a certain bet. The government is broke and the Fed must maintain the illusion of solvency.
Posted originally on May 21, 2025 by Martin Armstrong
BREAKING: Hillary Clinton slams President Trump for insisting that Americans have more kids, arguing that is what immigrants are for. pic.twitter.com/7j1UeK92as
Hillary Clinton infamously blamed women for failing to secure the presidency. Clinton felt entitled to the female vote, but more women voted for Donald Trump than for Hillary Clinton. Instead of acknowledging that women are permitted to hold independent ideas and beliefs, she continually bashes women at every opportunity for not aligning with her views.
“They left me because they just couldn’t take a risk on me, because as a woman, I’m supposed to be perfect. They were willing to take a risk on Trump, who had a long list of, let’s call them flaws, to illustrate his imperfection, because he was a man, and they could envision a man as president and commander in chief,” Clinton said of her 2016 election fail.
In fact, Rodham–or Clinton, as she prefers her married name– believes that Republican women are unfit to lead. “Well, first of all, don’t be a handmaiden to the patriarchy, which kind of eliminates every woman on the other side of the aisle, except for very few,” Clinton said when asked if she had advice for a potential future woman president. “The Handmaid’s Tale” by Margaret Atwood has been a popular portrayal of the far left who believe that allowing individual states to vote for abortion, a motion that was implemented by the US Supreme Court and not the president, is akin to a dystopian society where women are silenced and forced to reproduce.
Clinton said that there are a few conservative women, notably those who have attacked Trump, such as Liz Cheney, who are the rare exception. She then perpetuated the lie that is the Project 2025:
“It’s all in there—the return to the nuclear family, the return to being a Christian nation, return to producing a lot of children, which is sort of odd since the people who produce a lot of children are immigrants.”
Take that all in. Hillary was horrified that voters would like America to return to its roots, believing it would be an absolute tragedy if women had the CHOICE whether to work or raise a family, unlike today, where the economy simply does not allow one income to comfortably support a household in most situations. Children should be placed in expensive child care, run by the state, and parents should continue focusing on churning out taxable wages, and allow the system to raise the next generation.
Project 2025 has been debunked, but repopulation theory is alive and well. Hillary admits that immigrants here “legally and undocumented” produce “larger than normal—American standard—families.” The left in America and Europe are aggressively pushing mass migration not out of compassion, but out of desperation and control. When you destroy the economic incentive for families to grow through taxation, inflation, and debt—you kill natural reproduction. The West has done exactly that. Financial constraints are the number one reason that young adults are refraining from having children.
The left believes migrants will be engineered into dependency, relying on government welfare and therefore voting for the party that promises perpetual handouts. This is why lawmakers want to prohibit voter ID checks. It is why states are spending their funds on countless social programs for noncitizens. Traditional Western culture is conservative in nature. Replacing the population with people who do not adhere to the traditional Judeo-Christian ideology changes the dynamics of the population at large.
The traditional nuclear family does not revere the government. Friedrich Engels (pictured above), a pioneer of Marxism, argued against the nuclear family. He believed that the nuclear family perpetuated capitalism, private property ownership, and familial wealth, calling families a “unit of consumption.” Engels believed in communal living, polygamy or group marriage, and the removal of any private property. He argued that this was a feminist concept, as women in that time period were dependent on their husbands rather than the government.
As he writes in “The Origin of the Family, Private Property and the State”:
“The significant characteristic of monogamous marriage was its transformation of the nuclear family into the basic economic unit of society, within which a woman and her children became dependent upon an individual man. Arising in conjunction with exploitative class relations, this transformation resulted in the oppression of women that has persisted to the present day.”
Marxism believes that the patriarchy controls women and the state controls men. It believes we should hand over all power to government who will ensure we are all equal—in poverty, as history has shown time and time again. Traditional roles, and gender roles, threaten Marxist philosophy, which is why we have seen gender identity become a massive controversy in recent years, with the left promoting a genderless society.
Hillary Clinton and everyone on the far left has damned the nuclear family because they uphold Marxist beliefs rooted in centralized government power and control.
Posted originally on CTH on May 20, 2025 | Sundance
In order to understand where we are today, we must understand our journey by remembering its origin.
Context is needed in order to truly appreciate events soon upon us. A Big Hat Tip to Daniel Bocic Martinez who provides one of the most succinct encapsulations of the Hillary Clinton -vs- Barack Obama dynamic.
“Hillary Clinton didn’t trust Barack Obama because he was supposed to have waited his turn.
When the Bill Clinton presidential team in 2000 burrowed into the DNC, and installed HRC into the NY Senate seat, through heavy influence in primary machine politics, the Clintons were the happiest Dems in the country when W squeaked by Gore, leaving them in full control of the DNC money laundering operation for the duration of the W years.
“8 years of Bill, then 8 years of Hill,” was all going according to plan, with Hollywood planting Hillary as President “Easter eggs” throughout media of the 1990’s.
The 2008 primary was the culmination of their plan started decades earlier.
Obama’s 2004 DNC Speech and his Jefferson-Jackson speech were to place him as the heir apparent, but their lock over the DNC (and the superdelegates) was fait accompli.
Even Obama running a near flawless campaign wouldn’t have been enough on its own.
The factors that pushed him over the top, and that were outside his control, were 1) Hillary ran an abysmal campaign, due in large part to her abysmal interpersonal skills and genuine dislike of most human beings; and 2) then patriarch of the Kennedy political dynasty, Ted (whose always loathed the Clintons), pounced on the chink in HRC’s inevitability armor highlighted by her loss in Iowa (where she was outhustled in all 99 counties), and literally embraced Obama in New Hampshire shortly before the primary voting, and crowned Obama as heir apparent of what remained of the political capital once described as Camelot.
The superdelegate tsunami was stopped in its tracks and the rest is history.
With an embittered Hillary not ready to abandon decades of planning and ride off into the sunset, she first hoped McCain would somehow best Obama and then moved to burrow into his administration to maintain some level of control/access to the DNC money laundering operation her crime family ruled over for the better part of two decades.
Obama knew she would be disloyal outside of the administration, even worse in the Senate, spending each moment plotting a 2012 primary challenge (same reason she could never have been VP, she would have poisoned him if given the slot).
So, he made the Faustian bargain that would one day destroy his legacy and place in History and made her the one offer he knew she could not refuse, Secretary of State.
Out of sight, out of mind. He always cared more about his domestic agenda than foreign policy, and if she’s too busy selling political indulgences around the world, she’d put off 2012 primary ambitions and keep her eye on 2016.
Obama’s only obligation was to ensure that he did his part and ensure that his VP choose not to stand for President in 2016, which Biden dutifully complied with. HRC’s remaining embeds at the DNC then did their part in the 2016 primary and ensured the “mistake” of 2008 (heavily contested primary and near-infinite debates) was rectified.
The DNC went on to implement the “pied piper” strategy boosting Donald Trump in the early GOP primary, while being caught completely off guard as previously unknown Vermont Senate gadfly rallied the near plurality of Democrat primary voters who found her character and lack of authenticity repellant.
As the frailty of her campaign become apparent to threats from both Trump on the right and Bernie on the left, Hillary’s embeds in the administration at FBI/DOJ put their insurance plan into effect.
The FBI opened investigations into both [political] threads. For Bernie, the investigation targeted his wife and allegations of fraud surrounding a real estate transaction at her non-profit. For Trump, it was Crossfire Hurricane.
Neither was Obama’s operation by design but nonetheless happened under his watch and with the enthusiastic support of then VP Biden.
Once Trump finishes putting Chapter 9 of Art of the Deal into practice, it will be Obama’s lasting legacy.”
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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