Made in Mexico


Posted originally on Jul 9, 2024 By Martin Armstrong 

MexicanFlag

US manufacturing is in trouble as companies move offshore to avoid taxation, high wages, and asinine green legislation. John Deere, an American branded company, announced it will move manufacturing from Illinois to Ramos, Mexico. This is part of a growing trend of companies simply finding it difficult to turn a profit in the US.

John Deere is moving numerous plants to Mexico, effectively eliminating over 4,000 manufacturing jobs. As I have noted in other posts, the Biden Administration sought to expand manufacturing roles by 1 million in 2024 but has seen a contraction. As for John Deere, the issue of a shrinking agricultural sector is partnering with heightened manufacturing costs. The Department of Agriculture noted a 7% decline in farms across the nation since 2017, with only 1.89 million remaining. The USDA predicts net income from agriculture will fall by 27% in 2024, or $43 billion. Animal products and crops are also believed to be in decline, with the USDA foreseeing a $21 billion loss in revenue for 2024.

AutoManufacturing

The USMCA (United States-Mexico-Canada Agreement) has made it easier for corporations to leave the US and Canada in favor of Mexico. The automotive industry has already fled to Mexico with BMW, Honda, Ford, General Motors, Audi, Nissan, Tesla, Mazda, and Toyota all breaking ground on new manufacturing plants. States like Illinois and Michigan are especially feeling the effects of this shift. Texas and bordering states have felt the effects of “near-shoring” business alliances since the North American Free Trade Agreement (NAFTA), the predecessor of the USMCA.

MadeinMexico

The average hourly salary for unskilled labor is $4.55 per hour in Mexico compared to $17.42 in the US. The cost of living is simply drastically less in Mexico than in the US or Canada. Mexico has a robust, educated workforce, with more students graduating with engineering degrees than in America. There is also a strong apprenticeship aspect to trade labor in Mexico, with multiple generations of men honing their skills from a young age.

Mexico has adopted policies in recent years to attract business, holding 14 free trade agreements with over 46 nations. IMMEX (Industria Manufacturera, Maquiladora y de Servicios de Exportación) has boosted manufacturing as it permits companies to avoid taxes when importing materials used to manufacture goods. The Sectoral Promotion Programs (PROSEC) reduces Most Favored Nations (MFN) tariffs to 5% if not zero and expands across 20 sectors.

Aerospace, automotives, electronics, and more have left the US in favor of Mexico. Manufacturing contributes to 16% of Mexico’s GDP and the sector has expanded a 3.2% annual growth over the past 10 years.

Mexico dethroned China to become the top exporter of goods to the US in 2023, exporting $475.6 billion to the US in 2023, a 5% YoY uptick. This is the first time in two decades that Mexico’s exports to the US surpassed China’s, as Chinese exports fell 20% for the year. Biden calls nearshoring a method of “friend-shoring,” as it is safer to depend on a country geopolitically aligned.

Yes, businesses based in America will still pay Uncle Sam, but the allure of cheaper production and labor is causing numerous sectors to decline rapidly. Then we have state laws in the US in addition to federal that undercut revenue, but the politicians in charge at the state level are not concerned about the GDP or world trade. Those decision-makers only need to focus on their next election to remain in power, whether it is a detriment to America as a whole or not. Analysts will claim that sending jobs and manufacturing to Mexico is a partnership, but capitalism is indeed a game, and in this situation, Mexico has the upper hand over the rest of North America.

June Jobs Report is WEAK


Posted Jul 9, 2024 By Martin Armstrong 

Jobs

The June jobs report revealed better than anticipated results with 206,000 new jobs now added to the US economy. Is Bidenomics working? Absolutely not. The jobs reports are inflated because the Biden Administration has been multiplying the public sector.

Of the 206,000 new jobs, 70,000 were created within government, surpassing the 49,000 government jobs created last June. Local government accounted for the bulk of new positions within the private sector last month. One-third of all new positions created in June are within the government, funded by taxpayers, and add nothing to the overall GDP. The public sector is growing at the highest annual pace since the 1990s.

manufacturing man 1

America needs manufacturing positions. Our industries are fleeing the nation entirely and our ability to produce has been drastically undercut. At least 10% of overall GDP is at risk. The Biden Administration aimed to increase manufacturing hires by 1 million in 2024. The sector lost 9,000 positions in February and then failed to gain a single hire in March. The data for April and May is still preliminary and can be revised, but they believe there was a net gain of 5,000 manufacturing jobs from December 2023 to May 2024 based on the Bureau of Labor and Statistics.  Now, initial results show that the US shed even more manufacturing jobs in June.

April’s job report was revised down to 108,000 compared to the initially reported 165,000 positions. May’s report was also revised to show 218,000 new jobs vs the initially reported 272,000 positions. The revised figures never make the headlines as they want those initial reports to paint the US economy in the best light.

ADP Private Sector Jobs

In April, Federal Reserve Chairman Jerome Powell said he was unimpressed by the “strong” jobs report, and it certainly was not enough for the central bank even to consider dropping rates. There is a reason that the central bank does not believe the “strong jobs reports” are an indication of a strengthening economy. Unemployment, at best, is at 4.1% right now – the highest since November 2021.

Expanding the public sector is a detriment to the US economy. These jobs produce nothing and cost the taxpayers a hefty sum. Trouble consistently brews when governments grow disproportionately. The Roman Empire, the longest-standing empire in history, vanished as a direct result of an oversized public sector that bankrupted Rome. The private sector produces economic growth, while government is a public servant consuming the wealth generated by others.

Mark Mitchell Offers Insight Into Large Divide Within The Democrat Party Over Next Presidential Nominee


Posted originally on Rumble By Bannons War Room on: July 06, 2024 at 11:45 am EST

Why 2032 is so Necessary


Posted Jul 5, 2024 By Martin Armstrong 

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With every day that passes, we are edging closer and closer to 2032, where our Computer is forecasting the collapse of our present form of Republican government, and the light at the end of the tunnel is that we get to hold another Constitutional Convention. This time, we get to correct all the mistakes of our Founding Fathers. ONE major reform must be TERM LIMITS, but another should be abolishing POLITICAL PARTIES. You may think you are voting for whatever that person promises. They then go to Washington and are told, that was great; now, here is what you will vote for. The policies are set behind closed doors, and if you look at the voting, you will notice that it typically goes down party lines. That alone proves that the form of government we live in is just so corrupt that it is not worth saving.

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Here is a classic example. The Democrats passed a 25th Amendment motion to get rid of Trump when he was certainly not mentally impaired. They have hated his agenda and have impeached him twice, and now are criminally charging him for anything they can conjure up. This is the disgusting evil of policies, and this is the very cancer that demonstrates our present form of government will NEVER survive. Now, the Republicans have sought to invoke Section 4 of the  25th Amendment against Trump when the majority of people recognize he is not fit to be president.

T Shirt Afraid of Government
Party Politics

The fact that no Democrats would dare to invoke the 25th Amendment against Biden demonstrates that the Constitution, the rule of law, and the safety of our nation are NEVER considered when it would impact their party for the election.  Here we have HR 1336 Resolution to invoke the 25th Amendment against Biden. Every Democrat that refuses to endorse this is showing you that they will NEVER defend the country or honor what they promise because they vote only as told by their Party against the people they are supposed to represent.


Section 4.

Whenever the Vice President and a majority of either the principal officers of the executive departments or of such other body as Congress may by law provide, transmit to the President pro tempore of the Senate and the Speaker of the House of Representatives their written declaration that the President is unable to discharge the powers and duties of his office, the Vice President shall immediately assume the powers and duties of the office as Acting President.

Thereafter, when the President transmits to the President pro tempore of the Senate and the Speaker of the House of Representatives his written declaration that no inability exists, he shall resume the powers and duties of his office unless the Vice President and a majority of either the principal officers of the executive department or of such other body as Congress may by law provide, transmit within four days to the President pro tempore of the Senate and the Speaker of the House of Representatives their written declaration that the President is unable to discharge the powers and duties of his office. Thereupon Congress shall decide the issue, assembling within forty-eight hours for that purpose if not in session. If the Congress, within twenty-one days after receipt of the latter written declaration, or, if Congress is not in session, within twenty-one days after Congress is required to assemble, determines by two-thirds vote of both Houses that the President is unable to discharge the powers and duties of his office, the Vice President shall continue to discharge the same as Acting President; otherwise, the President shall resume the powers and duties of his office.


H. RES. 1336

Calling on Vice President Kamala D. Harris to convene and mobilize the principal officers of the executive departments of the Cabinet to activate section 4 of the 25th Amendment to declare President Joseph R. Biden incapable of executing the duties of his office and to immediately exercise powers as Acting President.


IN THE HOUSE OF REPRESENTATIVES

June 28, 2024

Mr. Roy (for himself and Mr. Higgins of Louisiana) submitted the following resolution; which was referred to the Committee on the Judiciary


RESOLUTION

Calling on Vice President Kamala D. Harris to convene and mobilize the principal officers of the executive departments of the Cabinet to activate section 4 of the 25th Amendment to declare President Joseph R. Biden incapable of executing the duties of his office and to immediately exercise powers as Acting President.

Whereas President Joseph R. Biden has repeatedly and publicly demonstrated his inability to discharge the powers and duties of the Presidency, including, among others, the powers and duties of the Commander-in-Chief: Now, therefore, be it

Resolved, That the House of Representatives calls upon Vice President Kamala D. Harris—

(1) to immediately use her powers under section 4 of the 25th Amendment to convene and mobilize the principal officers of the executive departments in the Cabinet to declare that President Joseph R. Biden is unable to discharge the duties and powers of the office; and

(2) to transmit to the President pro tempore of the Senate and the Speaker of the House of Representatives notice that she will be immediately assuming the powers and duties of the office as Acting President.

It’s Just Time – Political Revolution


Posted originally on Jul 4, 2024 By Martin Armstrong

Its Just Time

Back in 2008, I named a report after what Margaret Thatcher had told me about politics. I began that report by writing:

Time is but a dimension that we divide up to mark its passing. Western thought, unfortunately, is linear, not dynamic. This has been the curse of Western understand­ing and knowledge. Time is but a cycle – a circle. Asians are raised with the idea of cycles leading to a more dynamic thinking process. Some see and feel cycles, and some see it as necessary and instinctively understand them. Lady Margaret Thatcher once commented to me that the Conservatives would lose the elections in Great Britain when John Major was running, she said – “It’s just time.

Lady Thatcher came and spoke at our conference on cycles. She said.

Thatcher 1997

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Today’s British election is underway, and we will see a sweep where Labour will replace Conservatives, who have acknowledged that Labour appears headed for victory and urged voters not to hand the party a “supermajority.” Britain’s Prime Minister Rishi Sunak insisted “the outcome of this election is not a foregone conclusion.” However, in a message to voters on Wednesday, Sunak said that “if the polls are to be believed, the country could wake up tomorrow to a Labour supermajority ready to wield their unchecked power.” He urged voters to back the Conservatives to limit Labour’s power. The Conservatives have been more concerned about appeasing Anthony Blinken and the American quest to conquer Russia. To hell with the economy or the people. Britain was fully on board with the Globalists, which was precisely OPPOSITE of all the positions to retain independence from Europe, which were the core policies of Lady Thatcher.

I have done some interviews in Britain where the host reluctantly put me on the air because of my connection with Lady Thatcher and their obstinacy about even trying to understand her policies. Many regard her as the most hated Prime Minister, all because they were used to handouts. They claim that she destroyed Britain’s manufacturing industry, and her policies led to mass unemployment. That was absurd, for the world was engulfed in the crisis at the time – not just Britain.

I advised companies that wanted to get into the EU and needed skilled labor to place them in Britain, while I placed those that needed the best tax deals, like airlines, in Ireland. Thatcher had heard that there was this guy rearranging companies and wanted to meet me. She asked me why I placed industries in Britain compared to other European countries. I explained that the cost per employee in other regulations was 40% less in Britain compared to Germany at the time.

Others argued that she presided over 15% interest rates. Again, that was not unique to Britain; it was a global trend. Most of the complaints about Thatcher were based on their ignorance of global trends. No single country can reverse a worldwide recession, no matter who the politician might be. The very best you can do is minimize the volatility and depth of the decline.

I did feel the public would never understand her reasoning regarding the poll tax. She felt that if people had skin in the game, this would limit government waste. But the people, I said, are like dogs. They are satisfied with the scraps from your table, not about jumping on your table and eating the whole meal. Others complain that she sowed the seeds of NHS Privatisation. I think Russia proved, as did ancient Byzantium, that the government is INCAPABLE of running anything efficiently. Those who hated Thatcher seemed to want to be taken care of and had no interest in their country.

Thatcher Federal Europe

What the self-centered haters of Thatcher refuse to understand, no less acknowledge, is that she SAVED Britain. I remember she said if she walked across the Thames River, they would say it was because she did not know how to swim. The coup staged against her by John Major and others was to take Britain into the fantasy land of the Euro. Major took Britain into the ERM and overvalued the pound, which led Soros to make his fortune thanks to John Major and others.

She knew that Tony Blair would win long before there were polls. When I asked why, she told me, “It’s Just Time.” She understood cycles better than any Western politician I have ever met. So while the ignorant still hate Margaret Thatcher, they will now get to see what voting for self-interest will do with promises of more money.

Economy Politics

The one thing I have learned from our computer is that if you turn the economy around with these Economic Confidence Model turning points, you will get political change. What is sweeping the world is that 60% of it is going to an election, and WHOEVER is in power is just being thrown out. The Globalists have been trying to take over everything, creating their dream of a one-world government headed by the United Nations with the elimination of our right to vote on anything. Their dream is a global dictatorship. Democracy must end as part of their agenda. It is refreshing to see Macron in trouble, as is Prime Minister Rishi Sunak. World leaders like Trudeau in Canada, Biden in the USA, and Ursula in the EU have a common goal – war against Russia at all costs and the creation of this one-world government bringing Democracy to an end. The people are responding regardless if they call themselves conservative, liberal, labour, or communist. Whoever is in power is taking the brunt of this global political shift.

Schwab WEF End of Democracy

Categories:POLITICS

Were Politics Always This Divided?


Posted originally on Jul 2, 2024 By Martin Armstrong 

Politics were never divided to the level we see today. I have people write in to say that politics has always been a divisive and dirty game. While that is true, there is no denying that America has never been less united. Socrates is not forecasting a typical partisan debacle come election season, rather, Socrates is predicting a massive rise in civil unrest that will explode by the beginning of September. By 2028, there may not be a US Presidential election at all.

Take a look at the video above. One may recall the division that took place when Barack Obama was running for president. There has always been the left v the right, but there was humanity. Everyone still identified as an American, first and foremost. The debates today have come down to outright battles between the two sides where neither feels the other deserves to exist on the same land. In the movie “Civil War,” one separatist soldier questioned, “What kind of American are you?” This line of thinking is precisely what we see today, and it is precisely on time.

Cicero 5

We are in the final stages of the decline and fall of republics. When the founding fathers founded America, they cited Cicero who was the fake news of the ancient world – eventually they beheaded him and nailed him, he was that bad. They thought it was a republic against monarchy or, effectively, a republic is always the most corrupt because everyone is up for sale. The scenario created is far worse than a dictatorship, as one cannot bribe a dictator.

Simply look and listen to the current president of the United States, the most powerful man in the world who cannot hold a coherent thought. Juxtaposing his speech and mannerisms to only a few years ago is simply tragic. He has declined into a shell of his former self. The establishment will not allow Biden to step away from power without utterly humiliating him first so that there is no question as to why they must swap out their candidate.

CBS conducted a survey that found 72% of all voters questioned the president’s cognitive abilities. We are not merely questioning his policies, but we are questioning whether he is fit enough to function. About 35% of Americans still held onto false hope that Biden could physically serve another term, but that dropped to a mere 27% after his debate with Donald Trump. The establishment believes that We the People are idiots when we can clearly see that our president has a serious mental impairment. What’s worse is that one side still believes people will vote for a senile man.

They are deliberately creating outrage among the public and failing to listen to the wishes of the people. The newly installed candidate who will replace Biden will “save the day” in the eyes of the Democrats, but that person will merely fuel the anger on the right. The left has been the most outspoken in terms of their discontent with the government, even under a liberal administration. What will they do if their candidate loses? The corrupt legal system like Manhattan DA Alvin Braggs will not prosecute anyone on the left. The right has been demonized and backed into a corner.

The 2024 US Presidential Election will not follow the normal discourse of Republicans v Democrats. We have two completely different schools of thought competing for the future of America as we have known it. Economics drives everything and NO ONE is content with the current state of the economy, but they do not understand how it functions and are willing to assign blame to either party. It has taken years, a pandemic, mass migration, and woke politics to fuel a landscape of absolute hate. I fear that a civil war is inevitable as both sides want to reclaim their version of America.

DeGrasse: Debate Causes Political Earthquake In Senate And House Seats


Posted originally on Rumble By Bannons War Room on: June 28, 2024 at 07:00 pm EST

ICE Non-Detained Docket on Pace to Hit 8 million Active Cases This Year


Posted originally on the CTH on June 18, 2024 | Sundance 

This is a remarkable statistic on illegal immigration that Bill Melugin is drawing attention to.

“NEW: Per multiple federal sources, ICE’s non-detained docket has exploded to 7.4 million cases, more than doubling the Trump years, and it’s on pace to hit 8 million by end of year. Each ICE officer now has to manage an average of 7,000 cases each, an impossible task given the agency’s current staffing levels. ICE currently only has roughly 6,000 deportation officers nationwide, and not all of them work on the non-detained docket.”

“The non-detained docket means not in ICE detention. It is made up of migrants who have crossed the border illegally and have been released into the U.S. with pending immigration cases/future court dates, as well as illegal immigrants who have already been ordered deported by an immigration judge but are still in the country.

The non-detained docket has added more than 1 million cases since October 1st, largely due to mass catch and release policies.

Importantly, these numbers do not include the nearly 1.9 million recorded getaways that have entered the US during the Biden administration, as they have had no contact with DHS – yet overstretched ICE officers are also responsible for tracking down and removing this population as well.

ICE sources tell FOX it is simply impossible to do with current staffing levels compared to the numbers that have been coming across the border in recent years, and they are in desperate need of additional manpower and resources. (link)

President Trump has said the solution within the deportation program is to utilize local and state law enforcement to locate the illegal aliens, allowing ICE and DHS officials to focus on the deportation process.  This approach seems to be the optimal solution given the scale of the problem that Biden has created.

That said, any deportation effort will run into extreme Lawfare tactics deployed by the radical leftists.  No doubt, every left-leaning federal court will be utilized to generate blocks to deportation orders.  President Trump is going to have to declare a national state of emergency on day-one, to fully engage the power of the executive branch on this problem.

Fox News has another article on the latest developments – SEE HERE.

Attorney General Held in Contempt of Congress


Posted originally on Jun 13, 2024 By Martin Armstrong |  

The Rule of Law has been torn to pieces. The entire Justice System in the United States is rapidly becoming a joke internationally as we border on becoming indistinguishable from the Banana Republic, where the pretense of law is only the self-interest of those in power. In Plato’s classic work, you will find the debate between Thraysmachus and Socrates. More than 2000 years ago, Thrasymachus observed what we see going on right now. JUSTICE is the same in every form of government, be it dictatorship, monarchy, or pretend democracy. JUSTICE is always the self-interest of those in power, and NOTHING has ever changed.

Thrasymachus Quote

Once power is handed to the government, they will expand that power until they terminate all LIBERTY. That is what the CBDCs are all about – total control. If you protest, your bank account will be seized, and you will starve to death, just as they did to the truckers in Canada. This passage from Thraymachus established beyond a shadow of a doubt that HISTORY REPEATS over and over again, BECAUSE human nature never changes.

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It was this very Biden administration that has thrown Trump’s advisors in prison in contempt for asserting Executive Privilege, as in the case of Steve Bannon. Bannon was convicted of contempt of Congress in 2022 after failing to provide documents and testimony to the House Select Committee that investigated the January 6th, 2021, US Capitol attack. He was sentenced to four months in prison. The two MOST corrupt courts in the nation are New York and Washington, DC. They have their own agenda and will never apply the law fairly.

Garland Merrick AG

While the Justice Department (DOJ) has turned over transcripts and notes from the interview, The House has maintained that they need the tapes to verify the transcript’s accuracy and to confirm that Mr. Hur’s observation was justified. Attorney General Garland of the Department of Justice will not release the actual video and audio tape because transcripts never give the nuances of human speech. A lawyer will always tell you never to joke in court. If you said yes, I killed JFK as well. When read in a transcript, those words appear to be a confession. Without the audio/video, you would not know if it was a joke or not.

I have a dream

Martin Luther King said, “I have a Dream.” He is not the only one to DREAM. This brings tears to my eyes, for the once great nation, the founders’ DREAM, is crumbling to dust before my eyes, and I fear what I will leave behind for my grandchildren. There was a time when men rose against oppression, and their voices resounded in history. Their words were inviting and hopeful of a new land of honor built upon that DREAM of freedom and liberty.

Declaration Independent Mast Head

There was a time when honor was paramount, one’s word was your bond, and the vision of the future was exciting. We have reached a time when it all has gone wrong, bribed by money and only the DREAMS of the elite of endless power above the people. The generations before us fought for that DREAM in a time long gone by, when hope was everything and life was worth living in pursuit of happiness, and they had been enshrined in the Declaration of Independence and then the Bill of Rights.

In God We Trust

I studied history and the evolution of law, and I once naively believed that this DREAM of liberty and freedom would never die. We embossed our currency with the phrase In God We Trust and once believed in a merciful and forgiving God who has no longer been worthy of a place in our society. Those DREAMS of the founders we may attribute to a young nation naive with hope, standing unafraid on the battlefield against oppression and tyranny. Those days of noble DREAMS are now only relegated to the unread pages of history books. Our currency is to be relegated to digital entries on a smartphone. There was no reason for one to use the pretense of inclusion and equality to strip the rights of individuals behind the facade of caring for some minority. That unity that produced a nation has been torn apart, pitting one group against another to ensure that by dividing the people, they can conquer the cycle of time and seek to retain perpetual power unassailed forevermore.

Stella

Freedom of thought, philosophy, and religion was to be carved on a Stella that stood tall and made of white marble for eternity. But that Stella has been discolored, stained with time, and toppled to the ground ignored by those with power. Its edifice no longer shines or glistens in the sunlight. The Age of Wisdom has been overshadowed by the Age of Darkness, engulfed in corruption, and the thirst for ultimate power has ensured that history will complete its wheel of revolution. There are DREAMS of the perfect land that simply can never be.

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Law has no value anymore. As Thrasymachus said long ago, it is only the self-interest of those in power. Such is the fate of all civilizations, for they are all buried in a common grave. Garland is an absolute disgrace to the United States. To even argue that voter ID is not necessary when they are secretly pushing for total control with Digital Currencies and IDs so the elite can defeat the wheel of time.

Tucker Carlson with Steve Bannon


Posted originally on Rumble By Bannons War Room on: June 11, 2024 at 07:03 pm EST