Armstrong Economics Blog/Opinion
Re-Posted Jul 1, 2019 by Martin Armstrong
QUESTION:
Hi,
Enjoy your blog. Can you explain the cause of homelessness in the US and what should be the cure?
Thank you
Brian
ANSWER: Many of the homeless are not exactly social. Every time I drove into Philadelphia, I always saw the same man on the street with a sign saying he was homeless. He seemed to have all day to stand there with traffic, so the real question is why would he prefer to do that than just get a minimum wage job? When I was growing up in my home town in the 60’s, there was a woman who pushed her shopping cart around and slept outside. Everyone got really upset when they found out her son was a doctor in the next town. He replied that he tried everything but she would not come inside. She died, and when they took all the boxes in her cart away they found over $200,000 in cash. Obviously, she seemed to be homeless as a matter of choice.
I would not pretend to be able to reduce the entire issue to a single simple solution. There are clearly mentally ill people among them, others down on their luck, and then there are the frauds. I have offered to buy food for some who claimed to be hungry only to be rebuked. I am not sure. I met a guy who played the violin really well. You could tell he had class and style. I gave him a $100 tip in his cup and he started to play very livelily. I suppose you could set up shelters and outlaw people on the street. Then perhaps you might be able to sort them out. There are certainly different reasons and we cannot create a one-size-fits-all approach to that problem.
The Struggle is Real: Crazy, Creepy, Spank-Me and How Position themselves for 2020…
June 30, 2019
In the aftermath of the first set of Democrat debates, the strategy of the institutional democrats and their media assets gains a little clarity.
Senator Elizabeth Warren emerged unscathed thanks to her wounded-Indian routine and generally safe position on the first night of the foray. Warren’s minority status, when combined with the baffle-em’-with-BS routine, appeared to align with pre-debate intents.
Senator Harris took Biden’s scalp knocking a solid ten percent from his pre-debate pollingby accusing him of toxic whiteness/institutional racism. Ever the opportunist, Spank-Me positioned herself as the heir-apparent to the grievance vote. Booker attempted to regain grievance position, but his ethnic linguistics only made him look silly. Down twinkles.
Facing a left-wing surge, communist Senator Sanders angrily demanded the electorate embrace full anarchy; but his messaging fell short, again. Something about the joy of bread-lines, and shared misery combined with a Starbucks Latte, doesn’t seem to hold appeal beyond the Antifa and Occupy groups. However, the unattended and overindulged children of the limo-liberal community will not easily stop supporting Che’ Bernie.
Creepy Joe was/is under constant attack and now appears to have underestimated the motives of those who pushed him into fray. The anger crowd need a target for their rage and gropey Joe is the perfect candidate to personify everything they can project upon old white men. Once they kill off Creepy, watch out Crazy – they’ll come for him soon.
It appears, based on the immediate narratives and media smoke-signals, the clans want ‘Spank Me‘ and ‘How’ to gain maximum traction.
The percentage of Democrats who say they would vote for former Vice President Joe Biden if the presidential race were held tomorrow slipped by 10 points after the first primary debate.
According to a Morning Consult/FiveThirtyEight poll of likely Democratic voters released on Friday, 41.5 percent said before the debates they would vote for Biden tomorrow, but 31.5 percent said the same thing after Thursday night’s debate.
The apparent decline in support comes after Biden was widely seen as having faltered, including engaging in a stark exchange with Sen. Kamala Harris (D-Calif.) over school busing.
Harris herself got a nearly 9 point bump, with 16.6 percent of Democrats saying they would support her after the debate, up from 7.9 percent before the events.
Other 2020 candidates had marginal increases or decreases. (read more)
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Round Two – First Democrat Debate Series – 9:00pm Tonight on NBC – Open Discussion Thread…
June 27, 2019
Due to the size of the field, the first Democrat presidential primary debate took place over two nights: last night Wednesday, June 26; and tonight, Thursday, June 27, in Miami.
NBC, MSNBC and Telemundo are hosting the debate and hold exclusive rights to broadcast from 9pm EST to 11 p.m EST on both nights.
The moderators for the debate are: NBC News’ Lester Holt, Savannah Guthrie and Chuck Todd; MSNBC’s Rachel Maddow, and Telemundo’s José Diaz-Balart.
The candidates for Round Two are: Author Marianne Williamson; Entrepreneur Andrew Yang; Former Vice President Joe Biden; Governor John Hickenlooper of Colorado; Mayor Pete Buttigieg of South Bend, Indiana; Representative Eric Swalwell of California; Senator Bernie Sanders of Vermont; Senator Kamala Harris of California; Senator Kirsten Gillibrand of New York; Senator Michael Bennet of Colorado.
If you are a communist, socialist, communal activist; or if your hobbies include sitting around a campfire picking parasites off your friends; then grab your sustainable algae cakes and consider this an open discussion thread.
Or if you are just looking for a laugh by watching Moonbats howl, well, that’s OK too.
Beyond Tone Deaf – Candidate Bill de Blasio Quotes Communist Che Guevara in Miami…
June 27, 2019
This is just too damned funny. You cannot make this stuff up. New York City Mayor Bill de Blasio is campaigning in Miami with a bunch of SEIU (Service Employee International Union) workers. (Video Below)
And somehow, the doofus from New York thinks it would be a good thing at the Miami International Airport to cheer: “Hasta la victoria, siempre“. A very famous rallying cry from communist leader Che Guevara as he led the murder of thousands of Latinos.
Many Latinos in Miami-Dade fled from various communist regimes in Cuba and Central America; and many Miami residents actually have relatives who were killed by Guevara’s political terror teams.
For Latinos to hear a New Yorker shout “Hasta la victoria, siempre” generates an autonomic response that is seriously angry. If you don’t know the community, you just cannot overemphasize how big a bone-headed deal that is.
Yes, the New York limo-liberal crowd and the Antifa loons loves them some Che Guevara. However, in the vast majority of the real Latino communities, ESPECIALLY Miami-Dade, even mentioning that name is likely to trigger someone to kick your ass. [Not kidding]
Apparently, after a few hours, someone told Bill deBlasio how stupid that was; and the doofus sends out a tweet saying he didn’t know. Which, is strangely, even funnier.
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