Goldman Sachs, or Government Sachs as they are known in the industry, has bet on the establishment candidate. The person who has already spent four years in the White House will somehow repair the damage they caused to the US economy, according to Goldman Sachs, who strongly believes America should stay on the same losing trajectory.
Goldman Sachs Predicts Stronger Economy Under Harris
Posted Sep 6, 2024 By Martin Armstrong |
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Goldman Sachs, or Government Sachs as they are known in the industry, has bet on the establishment candidate. The person who has already spent four years in the White House will somehow repair the damage they caused to the US economy, according to Goldman Sachs, who strongly believes America should stay on the same losing trajectory.
America has spent billions on the migrant crisis which has toppled state and city budgets. We have over 8 million newcomers now living solely off government assistance. Goldman is preaching the same propaganda that these migrants are needed for America’s workforce, despite recent data showing a major slow in hiring in addition to numerous adjusted jobs reports that show NO new jobs have been created outside the public sector under Biden-Harris. They believe GDP would peak by 0.5 percentage points in Q2 of 2025 under a Trump victory.
A Harris victory would lead to a “very slight” boost in GDP compared to Trump, as “new spending and expanded middle-income tax credits would slightly more than offset lower investment due to higher corporate tax rates.” The “experts” believe that “the effects of policy changes would be small and neutral on net,” but the truth of the matter is that a Harris victory would guarantee a major economic downturn. It is astonishing that they expect the public to believe that the middle class will increase their spending through tax credits. They simply do not understand that a lack of confidence is the reason that people hoard, and under this economy, the middle class does not have any disposable income to spend.
Then they state that Trump’s tariffs on China, Mexico, and EU would cause inflation to rise by 30 to 40 bps. I do not support tariffs but we are seeing the Biden Administration slam China with new tariffs and one could reasonably believe Kamala would do the same. Do they understand Kamala’s corporate tax hike proposition and how that would decimate America’s ability to compete?
Harris is proposing taxing capital gains including UNREALIZED gains. The American public has nothing left to offer Uncle Sam and rest assured Harris will raise taxes as her countless spending packages come at a price. Goldman Sachs completely failed to consider the impact government spending has had on the overall economy.
Most importantly, Government Sachs did not factor in the strongest driver of inflation – WAR. War produces nothing and will not lead to an economic increase. Kamala Harris along with Joe Biden helped America become completely embedded in Ukraine and now Israel. Trump is the only candidate who wants to stop sending endless checks to Ukraine and end the war.
America has spent billions on the migrant crisis which has toppled state and city budgets. We have over 8 million newcomers now living solely off government assistance. Goldman is preaching the same propaganda that these migrants are needed for America’s workforce, despite recent data showing a major slow in hiring in addition to numerous adjusted jobs reports that show NO new jobs have been created outside the public sector under Biden-Harris. They believe GDP would peak by 0.5 percentage points in Q2 of 2025 under a Trump victory.
A Harris victory would lead to a “very slight” boost in GDP compared to Trump, as “new spending and expanded middle-income tax credits would slightly more than offset lower investment due to higher corporate tax rates.” The “experts” believe that “the effects of policy changes would be small and neutral on net,” but the truth of the matter is that a Harris victory would guarantee a major economic downturn. It is astonishing that they expect the public to believe that the middle class will increase their spending through tax credits. They simply do not understand that a lack of confidence is the reason that people hoard, and under this economy, the middle class does not have any disposable income to spend.
Then they state that Trump’s tariffs on China, Mexico, and EU would cause inflation to rise by 30 to 40 bps. I do not support tariffs but we are seeing the Biden Administration slam China with new tariffs and one could reasonably believe Kamala would do the same. Do they understand Kamala’s corporate tax hike proposition and how that would decimate America’s ability to compete?
Harris is proposing taxing capital gains including UNREALIZED gains. The American public has nothing left to offer Uncle Sam and rest assured Harris will raise taxes as her countless spending packages come at a price. Goldman Sachs completely failed to consider the impact government spending has had on the overall economy.
Most importantly, Government Sachs did not factor in the strongest driver of inflation – WAR. War produces nothing and will not lead to an economic increase. Kamala Harris along with Joe Biden helped America become completely embedded in Ukraine and now Israel. Trump is the only candidate who wants to stop sending endless checks to Ukraine and end the war.
These reports are meant to mislead the public and are nothing more than establishment propaganda.
Posted originally on Sep 6, 2024 By Martin Armstrong
Slavery is alive and well in the United States. Two-thirds of US prisoners, 800,000 men and women, have jobs in federal and state prisons. While 80% of prisoners work to maintain the prison in terms of maintenance, a growing portion of prisoners hold jobs for private companies. Estimates that that these prisoners are producing at least $11 billion annually for the US government and receiving little to nothing in return.
Non-industry workers can earn between 13 cents to 52 cents per hour. Alabama, Arkansas, Florida, Georgia, Mississippi, South Carolina and Texas are not required to pay these workers. “There’s no way we can take care of our facilities, our roads, our ditches, if we didn’t have inmate labor,” Warren Yeager, a former Gulf county, Florida, commissioner said to the Florida Times-Union. In other words, states have become reliant on free labor from prisoners and actively put this into their budgets.
What some do not understand is that private companies are also employing prisoners. McDonald’s, Burger King, Golden Corral, Walmart, Wendy’s, IBM, Boeing, Motorola, Microsoft, AT&T, Texas Instruments, Dell, Compaq, Honeywell, Hewlett-Packard, Intel, TWA, Nordstrom’s, Revlon, Macy’s, and Target are among hundreds of private companies that have active agreements with state governments to farm out their prisoners. The private companies pay the prisons directly, bypassing the people who are forced to work long hours with no protections.
These workers have a far lower rate at being released on parole. The state believes they are safe enough to work among the public, but refuse to offer them an opportunity to leave. Only non-violent offenders are offered these jobs and most are swindled into accepting the positions to obtain favorable housing.
Alabama, for example, allows non-violent prisoners to work in the private sector for pennies. Yet, the state takes away 40% of their pay before taxes, charges them fees for transportation, laundry, and any extras they find. Alabama now earns more than $450 million annually on the backs of these workers. It comes at no surprise that the parole rate in Alabama plummeted to 8% in 2023.
American Civil Liberties Union (ACLU) found that over 75% of workers are unable to take off work, and if they do, they risk being sentenced to solitary confinement and prevented from visitations with their families. About 70% of these workers said they cannot even afford to call home or purchase soap. They are denied all rights and treated as sub-humans. “The United States has a long, problematic history of using incarcerated workers as a source of cheap labor and to subsidize the costs of our bloated prison system,” said Turner, a principal human rights researcher with the ACLU’s Human Rights Program.
Private prisons, in general, operate as businesses as they are guaranteed a fee per inmate, which US taxpayers pay. The majority of people are African American and Hispanic, but we hear silence from communities demanding reparations and failing to acknowledge that modern-day slavery is alive and well in the US. The private sector is creating jobs for the prison industry on behalf of the US government and this is one of the reasons that we see a decline in available jobs. The business is extremely lucrative because they profit on holding the inmates as well as forcing them to work.
So, these human beings were deemed stable enough to work unsupervised with the public. Yet, those same decision-makers turn around at sentencing and tell these workers that they are simply too dangerous to return home. This is why the United States, home of the free, hosts the largest prison population in the world. It always comes down to greed and money.
Posted originally on the CTH on August 27, 2024 | Sundance
Continuing in the series of articles around the challenge to Trump staffing in 2025, we now shift focus to the FBI Director, Deputy Director and Chief Legal Counsel positions. However, in order to appropriately discuss this critical silo, it becomes very important for everyone to understand the current status of the FBI as the organization has self-identified.
For those who followed the 2016 campaign of President Trump and then watched the 2017 attacks organized by the DOJ and FBI toward the incoming Trump administration, you may agree with me that a complete disassembly of the FBI is now warranted. I will walk through the process, but first it is important to understand just how bad the corruption has become:
RECAP: The FBI relationship with Antifa is exactly what we have previously discussed on these pages. There is no way for Antifa to operate as a domestic extremist group, without the expressed support and willful blindness of the FBI. Quite simply if the FBI wanted to stop the violent and extremist activity of Antifa, they could do that easily.
Remember, the objective of the FBI raid on Mar-a-Lago was to resecure what they perceived as physical evidence President Trump controlled showing how the DOJ and FBI action in 2016 was targeting him using the power of their law enforcement and intelligence agencies. In the background, the origination of all the DOJ/FBI/IC targeting goes back to the ’15/’16 FBI exploitation of the NSA database; this is not a contested discussion issue – it’s just continually forgotten.
The FBI was using their access to the NSA metadata of all Americans, to conduct surveillance on political candidates that might be a threat to the power structures that exploited the secrets within the electronic records of all Americans. The FBI was, almost certainly still is, conducting domestic surveillance and tracking Americans just like the German Stasi or Soviet KGB. It’s still happening, but we are not supposed to talk about it, or something.
The raid on Mar-a-Lago, just like the Robert Mueller investigation, was part of a long standing coverup operation. The FBI was looking for what Trump took with him as evidence of the weaponized system that targeted him. The FBI wanted that back. The FBI was willing to use deadly force to get it back if that’s what it took.
The modern FBI is the police agency of a weaponized U.S government, with a direct and purposeful mandate to keep the American people under control through strict surveillance and a violent police state.
Understand and accept this with great seriousness, there are no honorable “rank and file” inside this organization.
Every member of the FBI is a participant in the weaponization of power and government. The members are jackboots recruited from ideological college campuses for exactly the purpose of supporting a Stasi-like police state.
Through the past several years, we have discovered how the FBI worked inside Twitter, Facebook and social media to control information, remove content and manipulate opinion on behalf of the U.S. government – all activity political.
We have also learned the FBI took active measures to suppress information about the Hunter Biden laptop and control any negative consequences for the Biden regime – again, political. These are not disputed realities.
The U.S. Dept of Justice and FBI are now political institutions that have abandoned their originating mission in order to become the domestic equivalent of the Soviet-era FSB. Their joint targeting mechanisms have been redesigned to support the interests of corrupt DC politicians, specifically the interests of Democrats.
It was in June 2022, when Senator Chuck Grassley sent a letter [pdf HERE] to Attorney General Merrick Garland and FBI Director Chris Wray, notifying them of whistleblower allegations from within the FBI that senior leadership in both Main Justice and FBI are involved in a coordinated effort to cover up criminal activity related to Hunter Biden.
The whistleblower allegations, in combination with the documented history of DOJ and FBI misconduct, culminate in Senator Grassley stating:
“If these allegations are true and accurate, the Justice Department and FBI are – and have been – institutionally corrupted to their very core to the point in which the United States Congress and the American people will have no confidence in the equal application of the law. Attorney General Garland and Director Wray, simply put, based on the allegations that I’ve received from numerous whistleblowers, you have systemic and existential problems within your agencies.” (LINK)
Grassley was admitting what has been visible for years.
Senator Grassley is telling the corrupt DOJ-FBI leadership that people in the organizations are outlining the detailed behavior of their corrupt leadership. However, with zero oversight involved, and with Democrats in charge of all committees that would be responsible for such oversight, and with institutional media in alignment and agreement with the corrupt institutional intents of the DOJ/FBI, the frustrating question becomes, “and“?
I mean, who are we kidding? If Republicans were in charge of the Senate Judiciary, Reform/Oversight, or Intelligence committees, do we really believe that anything would be different? Before responding to that cynicism, remind yourself, they were for four years, January 2015 through January 2019, Republicans in charge of oversight.
It was exactly when Republicans were in charge of Main Justice and FBI oversight that Main Justice and FBI were targeting political candidate Donald Trump.
In July 2021, the DOJ OIG produced an absolutely damning Inspector General investigation of FBI conduct in the rape and sexual assault of U.S. Gymnasts, revealing how FBI agents facilitated Nassar’s sex crimes by taking no action despite numerous witness statements to them.
Worse yet, the FBI never reported the sexual assaults to local law enforcement… and to top it off, the rank and vile FBI agents lied during the investigation of their conduct, and the DOJ under AG Bill Barr, and now under AG Merrick Garland, refused to prosecute the FBI liars.
The entire IG report [Must Read pdf Here] reveals layer-upon-layer of FBI wrongdoing, misconduct and false statements in an effort to cover up their activity when the internal investigation of their conduct began. This report is a total condemnation of the FBI rank and file. It really is quite stunning.
BACKGROUND on FBI – As we discovered in January of 2023, the FBI was fully aware of the terrorist who was planning to shoot the synagogue in Colleyville, Texas, and yet they did nothing.
The FBI knowledge of the shooter, Malik Faisal Akram, who was known as Faisal Akram, was confirmed by The Daily Mail. Akram ranted, prior to his travel to the U.S, that he wished he had died in the 9/11 terror attacks. He was a regular visitor to Pakistan, and reportedly a member of the Tablighi Jamaat group set up to ‘purify’ Islam. To say the U.S. intelligence system knew Faisal Akram would be an understatement.
The FBI was also fully aware of the Boston Marathon bombers, the Tsarnaev brothers, before they executed their plot. The FBI took no action. The Russian police twice warned the FBI that the Tsarnaev brothers were going to carry out a domestic terrorist attack on the USA, the FBI did nothing.
The FBI knew in advance of the Pulse Nightclub shooter (Omar Mateen) and were tipped off by the local sheriff. The FBI knew in advance of the San Bernardino Terrorists (Tashfeen Malik). The FBI knew in advance of the Boston Marathon Bombers (the Tsarnaev brothers) tipped off by Russians. The FBI knew in advance of the Parkland High School shooter (Nikolas Cruz). The FBI knew in advance of the Fort Hood shooter (Nidal Hasan), and the FBI knew in advance of Colorado grocery store shooter Ahmad al-Aliwi Alissa. The FBI took no action.
The case of the first recorded ISIS attack on U.S. soil was in Garland, Texas in 2015.
The FBI not only knew the shooters (Elton Simpson and Nadir Soofi) in advance, BUT the FBI ALSO took the shooters to the venue and were standing only a few yards away when Simpson and Soofi opened fire. Yes, you read that correctly – the FBI took the terrorists to the event and then watched it unfold. “An FBI trainer suggested in an interview with “60 Minutes” that, had the attack been bigger, the agency’s numerous ties to the shooter would have led to a congressional investigation.”
Remember, shortly before the 2018 mid-term election, when Ceasar Syoc – a man living in his van – was caught sending “energetic material that can become combustible when subjected to heat or friction”, or what FBI Director Christopher Wray called “not hoax devices”?
Remember how sketchy everything about that was, including the child-like perpetrator telling a judge later that he was trying to walk back his guilty plea, because he was tricked into signing a confession for a crime he did not create.
Or more recently, the goofball plot to kidnap Gretchen Whitmer that involved 18 suspects, twelve of them actually working for the FBI as the plot was hatched? And we cannot forget the January 6th. DC protest turned insurrection effort, which is clearly looking like an FBI inspired and coordinated effort; and unlike Syoc, despite the numerous CCTV cameras and resources in the area, they cannot find who placed the pipe-bombs?
Have we forgotten the Atlanta “Olympic Park Bombing”, and the FBI intentionally setting up transparently innocent, Richard Jewel?
What about the FBI failing to investigate the assassination of U.S. Ambassador Christopher Stevens in Benghazi. Did we forget when Robert Mueller’s FBI waited 19 days after the Benghazi attack before showing up at the compound?…. Journalists from the USA were walking around the compound after 48 hours, but it took the FBI another two weeks before the first investigator arrived…. All evidence long destroyed.
Then, there’s the entirety of the FBI conduct in “Spygate”, the demonstrably evident FBI operation to conduct political surveillance against Donald Trump using their investigative authorities; and the downstream consequences of a massive institutional effort to cover up one of the biggest justice department scandals in the history of our nation. The original effort against Donald Trump used massive resources from the DOJ and FBI. Heck, the coverup operation using the Mueller/Weissmann special counsel used more than 50 investigative FBI agents alone.
And of course, the FBI still had 13 extra agents available to rush to a NASCAR racetrack to investigate a garage door pull-down rope that might have been perceived as a noose; but the serial rape of hundreds of teenage girls, eh, not-so-much effort – even when they are standing in front of the FBI begging for help.
[At this point, I am increasingly convinced by evidence there are elements within the FBI that are enablers involved in sex trafficking, human smuggling, abduction, counterfeiting and money laundering as part of their operational mission.]
The FBI didn’t make a mistake or drop the proverbial ball in the Olympic gymnast case, they intentionally and specifically maintained the sexual exploitation of teenage girls by doing absolutely nothing with the complaints they received. This is not misconduct, this is purposeful.
Then, as if to apply salt to the open wound of severe FBI politicization, what did the FBI do with the Hunter Biden laptop?
More recently, the FBI executed a search warrant on the home and office of Project Veritas and the founder James O’Keefe. While the raid was taking place, a New York Times reporter called O’Keefe to ask him about his thoughts on getting raided. The same New York Times journalist, a few days later, then begins writing about the confidential attorney-client privileged information illegally retrieved then leaked by the FBI during their raid.
♦My point is this…
What the Federal Security Service (FSB) is to the internal security of the Russian state, so too is the FBI in performing the same function for the U.S. federal government.
The FBI is a U.S. version of the Russian “State Police”; and the FBI is deployed -almost exclusively- to attack domestic enemies of those who control government, while they protect the interests of the U.S. Fourth Branch of Government. That is the clear and accurate domestic prism to contextualize their perceived mission: “domestic violent extremists pose the greatest threat” to their objective.
Put another way, “We The People”, who fight against government abuse and usurpation, are the FBI’s actual and literal enemy.
Let me be very clear with another brutally obvious example. Antifa could not exist as an organization, capable to organize and carry out violent attacks against their targets, without the full support of the FBI. If the FBI wanted to arrest members of Antifa, who are actually conducting violence, they could do it easily – with little effort.
It is the absence of any action, by the FBI toward Antifa, that tells us the FBI is enabling that violent extremist behavior to continue. Once you accept that transparent point of truth, then you realize the FBI definition of domestic violent extremism is something else entirely.
The FBI is not a law enforcement or investigative division of the U.S. Department of Justice. The FBI is a political weapon of a larger institution that is now focused almost entirely toward supporting a radical communist agenda to destroy civil society in the United States.
The FBI set up the operation in Michigan to give the illusion that domestic threats were attempting to kidnap Governor Gretchen Whitmer, everything about the events were an FBI construct. The same thing with the January 6th events in Washington DC and the pipe bombs. These are domestic FBI operations. Think about the precarious nature of what this type of activity indicates.
The current mission of the FBI appears to be preserving and protecting institutional power by protecting the administration of Joe Biden.
Anyone who continues to push this insufferable and fraudulent “honorable FBI rank and file talking point”, is, at this point in history, willfully and purposefully operating to deceive the American people on behalf of government interests who are intent on destroying us.
It is not a difference of opinion any longer. Personally, I have lost the ability to sit comfortably or intellectually with anyone who pushes or accepts the ‘mistakes are made’ nonsense. The FBI is not making mistakes, they are doing well what is important to them.
To me, it comes down to a simple matter of accepting what is continually staring us in the face.
Additionally, as we watched the outcome of the Michael Sussmann trial, we should never lose sight of the fact that 40 FBI agents were involved in the Mueller-Weissmann probe to investigate the fraudulent construct created by Hillary Clinton and crew. 40 agents? And, according to the outcome of the Sussmann trial, the FBI knew it was all a ruse.
This is why and how the Fourth Branch of U.S. Government is now the superseding apparatus above all other branches. {GO DEEP} This is why and how Barack Obama, John Brennan and Eric Holder created it, cemented it, and made it impervious to any effort to remove it.
Remember when Henry Cuellar was critical of the Biden administration open border policies that were hurting his Texas district? Less than a month after going public with his criticisms, the FBI raids on his home and office began. The same FBI that raided the home of James O’Keefe while coordinating their search with the New York Times.
The Fourth Branch of Government is corrupt; heck, the J6 committee was defending the corrupt FBI, participating with the corrupt FBI, selling a joint J6 operation that involved the FBI. The corrupt media have aligned with the corrupt FBI, and the justice institutions in/around this legal framework are self-aware and fully autonomous.
As the Twitter files show, the DOJ and FBI, through the authority of DHS, now have the ability to monitor every single aspect of every life that might seek to challenge or destroy the corrupt system.
In essence, Skynet -the ultimate end game of political surveillance and targeting outlined by Edward Snowden- has been activated. We the People are the enemy of the state.
Jackboots are very real, and they are wearing FBI logos on their shirts.
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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
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