Australia Committing Economic Suicide – Turning Hard Left


Armstrong Economics Blog/Regulation Re-Posted Mar 29, 2021 by Martin Armstrong

The Greens in Australia want to tax Billionaires 6% Wealth Tax annually (in addition to INCOME) as a property tax on everything this own from art right down to the watch they wear. They claim it will raise $11.2 billion over its first two years, it will cost the Australian Tax Office an extra $110 million to implement the policy and enforce compliance. But it does not stop there. It would apply to Australians who hold more than $1 billion in assets, no matter where they live, and non-residents who hold Australian assets worth more than $1 billion. Therefore, you can see how stupid these people are for they assume those they target would just remain in Australia and that foreign investment would certainly abandon Australia. This is on top of income taxes, and property taxes that already are in place.

I quit managing money domestically in the United States back in 1985. They came in for an audit and government employees MUST find something wrong because their view is nobody is perfect. They said they were going to write me up for improper record keeping. I asked what was wrong. They said my tabs on files were PINK and they were supposed to be RED. I am not one to cower from the government. I demanded their names and told them I would be filing a lawsuit against them personally. They dropped the nonsense and left. I then informed all my American clients that I would no longer manage money inside the United States. I returned all the funds and moved offshore. That incident transformed me into one of the first Hedge Fund Managers. Stupid regulation has an impact and the idiots behind it are too stupid to understand the consequences.

The political left never gets it. If they raised income taxes back to 90% again, I would just quit. Out of principle, I would simply refuse to work as an economic slave. They never read Atlas Shrugged. They think robbing others because they have more than they have is perfectly fine. So if they are walking down the street and someone sticks a gun in their face and says give me everything or your life, they too are justified because whatever they have is still more than the person with the gun.

I find it very interesting that these left-wing policies are actually forbidden by the Ten Commandments for they are built upon avarice and envy. The Seven Deadly Sins are Pride, Anger, Greed, Gluttony, Lust, Envy, and Sloth. What is interesting is the fact that what is in the Ten Commandments can be found in just about every religion since the dawn of time. This appears to be a human problem and they always justify it by saying it is not fair that someone else has something they do not. But then again, then do not want to work for it – Sloth.

Boulder Colorado Shooter Identified as Ahmad al-Aliwi Alissa, Motive Remains “Undetermined”


Posted originally on the conservative tree house March 23, 2021 | Sundance | 641 Comments

Boulder, Colorado, law enforcement have named the suspect in the King Sooper’s grocery store shooting yesterday. The shooter is 21-year-old Ahmad al-Aliwi Alissa.

WASHINGTON POST – Ten people killed at a Colorado grocery store, including a Boulder police officer, have been identified, as has the 21-year-old rifle-wielding shooter.

Law enforcement officials said the suspect, Ahmad Al Aliwi Alissa, was shot in the leg as he carried out the attack with a rifle, and was in the hospital on Tuesday morning, prior to being booked into jail and charged with 10 counts of murder in the first degree. They offered no details on a suspected motive. (link)

And just like that the media will drop the story, because the shooter is not a white male and subsequently his race and ethnicity does not align with the preferred narrative for gun control suspects.

Monopoly Goes WOK


Armstrong Economics Blog/Human Rights Re-Posted Mar 22, 2021 by Martin Armstrong

Well, WOK means everyone is offended by something. The game Monopoly is caving in and changing all its cards. Winning a beauty contest collect $10 was pictured with a man. So not sure people this is offensive to a guy suppose.

Complete Foreign Policy Disaster in Alaska During U.S-China Summit – Secretary Blinken Destroyed by His own Arrogance, Had to Recall Journalists to Hear Talking Points After Initial Public Statements


Posted originally on the conservative tree house March 19, 2021 | Sundance | 251 Comments

To say the first major diplomatic summit between the United States and China was an unmitigated mess would be an understatement.  Apparently U.S. Secretary of State Tony Blinken thought it would be of value for the domestic audience if he was to lambast the Beijing delegation in public and on camera.  His efforts were a complete fail as the Chinese knew everything was presented for domestic consumption… so, the Red Dragon threw fire right back onto the purple hair and obviously stunned an unsettled U.S. Secretary.

The train wreck was started by challenging China publicly, in front of the international press, likely believing such an aggressive posture would weaken Republican criticism about the Job Biden administration being soft/weak on China. However, using a joint press conference as the forum only provided insult to the Beijing delegation.

Public insults are expressions of weakness, not strength.

It was visibly obvious that Secretary Blinken stupidly did not anticipate the Chinese officials would retaliate in their remarks responding to him.

The Chinese diplomatic team is exceptionally skilled at verbal combat; they use facts and evident weakness to their advantage. Blinken’s foolish decision gave the Chinese officials a rare opportunity to dress down the Secretary of State very publicly in front of the international media.

Secretary Blinken was visibly shocked and destabilized by the strength of the returning words from the Chinese team. His response was extremely defensive; ‘he doth protest too much’, and he was incoherent. Blinken also repeated JoeBama’s ridiculous catch-phrase “America is back.”

Additionally, despite Blinken and National Security Advisor Jake Sullivan’s criticism of China, there was not one word on Beijing’s responsibility for the coronavirus. Nothing about China allowing COVID to become a dangerous pandemic, and no criticism of Beijing for their continued refusal to cooperate with international investigations of the origins of the virus, including inspections of the Wuhan bio-labs.

Overall this was a pathetic (weak) and sophomoric (feeble) attempt at diplomatic confrontation; while being disrespectful and completely devoid of fact points to frame the purpose of the diplomatic meeting. The first rule in any negotiation or confrontation is to use the behavior, the accepted empirical action of your adversary, against them.

The U.S. delegation did not cite any factual examples only platitudes and generalities. This allowed a much more prepared Chinese delegation to use the stage to frame the confrontation as without merit, and embarrass the U.S. contingent. After Blinken used the catch-phrase a “rules based international order”, the Chinese shot back with a big truth: “the United States does not talk for the world, only for the United States government.” The U.S. team was dead silent and without retort.

The U.S. team was so badly beaten by the Chinese, so brutally caught off-guard, Secretary of State Blinken had to call the press back into the room after his team put together counterpoints.  Yes, the U.S. team called the reporters back into the room -after opening remarks- just so they could make statements the international audience would hear.  THAT is embarrassing.

All-in-all a major fail on so many levels. The JoeBama diplomacy now appears weaker and more reactionary than the Jimmy Carter diplomacy. Adversaries will take good advantage of the U.S. ineptitude.

A picture says a thousand words…

Biden’s Border Crisis


Posted originally on GrrrGraphics.com MAR 18, 2021 AT 10:32 AM

The Joe Biden regime refuses to call the situation on our southern border a crisis, even though it clearly is—and it’s one of Joe’s own making.

During the Democratic debates, a question was asked. “Would you provide free health care for illegal immigrants?” Nearly all the candidates raised their hands. Including Biden.

Biden claims he is undoing the ‘damage’ done by President Trump by allowing anyone and everyone in. He also wants to tear down Trump’s walls and leave the border wide open to anyone in the world. Joe’s virtue signaling will end in disaster—for someone else. Average Americans will pay the price in terms of higher taxes as well as endure more crime and less wages for jobs. The virtue signaling among the Democrats is so powerful that they don’t even test the illegal aliens for COVID-19. You can bet they test all American citizens who are returning home from abroad.

Meanwhile, dithering Joe is taking zero responsibility as he continues on his quest to destroy America. Socialism and the promise of ‘free stuff’ are a terrible combo. Joe weakly claimed he wants the flood of illegals to stop, but so far he has done nothing to stop it.

The borders are wide open while troops, fences, and barbed wire surround the nation’s capital. Citizens are unprotected while a walled-up government protects itself. The irony and hypocrisy reeks.

—Ben Garrison

Education Creating Decivilization


Armstrong Economics Blog/Education Re-Posted Mar 17, 2021 by Martin Armstrong

While those supporting the Great Reset are all about preventing any movement that requires people to drive with fossil-fueled vehicles, they are deliberately ignoring the social cost to children. The Washington Post, which is so left they would fail a sobriety test unable to walk a straight line, wrote: “A year later, a rethinking is underway, with a growing sense that some changes may last.”

While the grade-school level of under 13 is less stressed about virtual school, they are at risk of losing social skills. However, what makes a civilization function is the very fact that people come together. Divide them to work and live in isolation, you also risk losing the very essence of humanity. I can personally say working in a trading room was ALWAYS better than in isolation. Besides the comradery, there was always a synergy that emerged that was greater than the sum of the individuals.

There has been a surge in student suicides nationwide. I was walking the beach and was talking to a man standing there while his two teenage boys were paddleboarding. He asked if I was a native Floridian. I laughed and said I think I have only met one such person. We are all transplants from other states. He then told me he left New York and moved here because his two boys were so depressed he feared that they were becoming suicidal. To teenagers, sports maybe everything from scholarships or dreams of becoming the next famous sports jock. He said he moved here to save the mental health of his children.

I have to say, he is not the first parent to tell me the same thing. This “save the planet” push to use COVID as an excuse to change society is very serious. These people are fixated on a single objective and are ignoring everything else. Economists do not help when all they want to talk about is socialism, fairness, and equality. Anyone daring to question lockdowns suffers a huge backlash despite the fact that lockdowns have failed to prove effective and have never before been is in 6,000 years of recorded history.

The Guardian has put out the truth, perhaps ahead of schedule. There are those pushing for lockdowns every two years to meet the Paris requirement of zero CO2. Everyone’s future is to change and they never once allowed anyone to ever vote on this agenda nor have they been honest about what the agenda entails.

The virtual school has the danger of creating the exact opposite of the reason that builds civilization. Empires rise with global warming and decline with global cooling when people become more isolated. Welcome to the future these people are creating all to stop climate change which is a normal cycle since the climate has always changed.

There are Shara cave paintings that show what is a desert today was once lush and filled with animals. I suppose there must be time travel where a bunch of people took their SUVs back in time and changed the climate then as well.

Georgia Judge Gives Voter Integrity Group Access to Fulton County Election Ballots, “We have sworn affidavits from several poll managers who say they handled counterfeit ballots during the hand count audit”


Posted originally on the conservative tree house March 16, 2021 | Sundance | 205 Comments

Perhaps a concerted and consistent effort will produce results?  Let us pray for a return of judicial common sense and continued sunlight upon any deception.

Remember, the Fulton County election board fired their director as an outcome of multiple voting and ballot counting issues that surfaced following the 2020 election.

Now a judge in Georgia has given a vote integrity group access to the physical ballots in Fulton County amid sworn affidavits that many of those ballots were sketchy and seemed to be generated by automation.

GEORGIA – Henry County Judge Brian Amero on Monday conditionally granted members of a Georgia-based coalition the right to unseal ballots from last November’s presidential election in Fulton County.  Members of that group, VOTER GA, may now inspect those ballots for evidence of voter fraud.

Amero’s decision “is almost unprecedented in Georgia history,” said VOTER GA spokesman Garland Favorito.

Former U.S. President Donald Trump lost Georgia’s electoral votes to current U.S. President Joe Biden.

The Georgia Star News asked Favorito if he and his hundreds of volunteers might find enough evidence of voter fraud in Fulton County to tip the Georgia election in favor of former U.S. President Donald Trump?

“That’s possible,” Favorito said.

Favorito said Fulton County officials have long resisted VOTER GA’s attempts to inspect their ballots.

“We have sworn affidavits from several poll managers who say they handled counterfeit ballots during the hand count audit because those were mail-in ballots that were not marked with a writing instrument like a mail-in ballot should be,” Favorito said.  “And they appeared to be on suspicious paper stock.”

Fulton County spokeswoman Regina Waller on Monday declined comment.  (read more)

Smart Move By Arizona Legislature, Lawmakers Move to Block Private Funds Sent To Election Officials


Posted originally on the conservative tree house March 16, 2021 | Sundance | 138 Comments

This is a smart, short, simple and common sense approach to start a process of state-wide vote integrity. No more private sector cash allowed into the coffers of any state election official.  States fund the election, precincts manage the election, no outside financial influences allowed inside the election process; period.

ARIZONA – In 2020, private grants, largely funded by donations from Facebook’s founder, helped pay for elections across the country.

Now Republican lawmakers in Arizona and other states are voting to prohibit election workers from ever accepting such funds again.

The Arizona House approved HB 2569 last week in a party-line vote. The legislation would ban election officials at all levels of government — city, county and state — from receiving private funds to help pay for any aspect of election operations, including voter registration.

Republican Rep. Jake Hoffman, the bill’s sponsor, said it’s a matter of election integrity. That means keeping elections free of influence or interference, he said. (read more)

SOURCE