Paper Bonds – Another Strike Against Govt Debt


Posted originally on Apr 11, 2024 By Martin Armstrong 

1973 E Series US 25 savings Bond

The US Treasury stopped issuing paper savings bonds in January 2012, switching to online platforms. There is a slight exception where a paper Series I may be purchased with proceeds from a federal income tax refund, but they are extremely rare. What they failed to explain is that US banks are NOT required to cash in these bonds.

A friend’s daughter recently ran into an issue on her 30th birthday when she attempted to cash in a number of bonds that had finally matured. Her bank simply told her, “No. We will not cash them.” She called customer service, and the bank explained that they had no legal obligation to cash government bonds.

USBonds

She was told She was told to mail in the paper bonds to with a completed FS Form 1522 to the Treasury directly along with copies of her personal government-issued identifications. Obviously, this does not seem secure as mail is lost all the time regardless of tracking numbers.

There are currently no options to cash paper savings bonds online. The government has made it deliberately difficult to cash in these bonds. She attempted a loophole where you previously were able to redeem bonds at larger institutions if they were worth under $1,000, but still, she her request was declined.

According to Treasury Direct, “Banks vary in how much they will cash at one time – or if they cash savings bonds at all.” We have seen numerous banks fail and begin to consolidate. Regional banks are struggling with liquidity and larger institutions simply do not want to hand out cash if they’re not required to do so.

Naturally my friend wished those 30-year bonds were invested in equities or anything other than bonds. She would have made far more than the government bonds could ever provide, and now it will be a difficult task to snail mail personal information to the Treasury and await a response. Yet another strike against purchasing government debt.

WarRoom Battleground EP 510: Continued Lies On Russian Disinformation


Posted originally on Rumble By Bannons War Room on: Apr 10, 2024 at 05:00 am EST

Violent Crime in Germany Hits 15-Year High


Posted Apr 10, 2024 By Martin Armstrong 
German Refugees

Germany was once a safe nation. Violent crime has reached a 15-year high, with homicides, knife assaults, and rapes drastically increasing. Crime rose by 5.5% last year alone, with 6.6 million incidences reported. Other nations like the UK, US, Canada, France, Sweden, Finland, and everywhere else that permitted, if not encouraged, open border policies have also seen an uptick in crime but no one wants to point out the obvious.

Migrants were responsible for around 40% of violent crimes in Germany last year, but the non-German national population only composes 15% of the population. Angela Merkel sold off Germany in 2015 when she urged all refugees to come to Europe to seek a better life. The migrants never stopped showing up. Germany handled over 350,000 asylum applications in 2023, and that only accounts for those who went through the judicial process.

The left refuses to hold migrants responsible for crimes and will not acknowledge that different cultures simply do not integrate well into Western societies. Lamya Kaddor, a Green Party MP, said that migrants are simply over-represented in crime statistics. “The crime rate is higher among socio-economically disadvantaged groups, which very often include foreign nationals,” she stated. Politicians like Kaddor do not care about the safety of their constituents and will never back away from open border policies.

Merkel Forcing Refugees

The migrant crisis is deliberate and apparent in all Build Back Better nations. These people are living off of the government, are unvetted, and have no allegiance to their new homebase. Southern European nations are in an even worse state as boatloads of new migrants wash upon their shores daily. Merkel humiliated Greece during the bail-out process, and now the European Union as a whole has its foot on the necks of all nations under its control. No one voted to allow these migrants into their hometowns. It is hard to say that Europeans live in a democracy as they are under the control of the European Union, which is following orders from the World Economic Forum these globalists do not merely want a one-European government but a one-world government where the few rule the masses.

Strong Jobs Report Does Not Mean Strong Economy


Posted originally on Apr 9, 2024 By Martin Armstrong 

Jobs

One thing that analysts fail to explain is that Americans have begun working multiple jobs since the COVID pandemic that wrecked the global economy. Nonfarm payrolls increased 303,000 in March, but there are millions of Americans holding multiple jobs who can still not keep up with the cost of living even with wages up 4.1% in the past year.

Around 5.3% of the US workforce held more than one job, on the books, in 2019 but that slowed during the pandemic when businesses were unable to open. In September 2022, 4.9% of American workers (7.7 million people) held more than one job (on the books) as the economy began to slowly recover but that trend did not stay in motion due to rampant inflation and the cost of living. By October 20235.2% of the US workforce (8.4 million people)  held more than one job.

Now Hiring

Women are more likely than men to work multiple jobs. And we wonder why there is a birth rate crisis. Around 6% of US women in the workforce had two or more jobs by October 2023 compared to 4.7% of men.

Now these are simply the figures for those working on the books. The Biden Administration killed the gig economy when Americans relied on it the most by imposing numerous regulations that forced companies to classify contractors as employees. Then we have states carelessly raising the minimum wage, eliminating the number of available jobs, and raising costs for businesses overall.

Only 62.7% of abled Americans are participating in the workforce. This does not include the 7.4+ illegal migrants who cannot obtain working permits but rely on government aid. Then they “revise” the jobs report every month, with January’s overwhelming report of 353,000 new jobs now down by 27,000, and February’s posting shedding 5,000. Then if you read between the lines, the number of part-time workers, who do not have benefits, rose by 691,000 while the number of full-time workers decreased by 6,000. The Bureau of Labor and Statistics admitted that the number of Americans holding multiple jobs increased by 217,000 or 5.2%, but this is drastically understated as many people work under the table or in odd jobs.

The jobs report is by no means an indication of a strong economy.

Guaranteed Basic Income Pilot Program for Transexuals


Posted originally on Apr 9, 2024 By Martin Armstrong 

LGBTQ

San Francisco is launching a guaranteed basic income pilot program for transexuals. These individuals are capable of working, but the woke government believes that others should provide them with free money for simply existing. San Francisco’s Guaranteed Income for Trans People (GIFT) program will provide 55 individuals a monthly payment of $1,200 for simply being transexual. Conservative legal group Judicial Watch is filing a lawsuit to stop this obscene program.

An anonymous representative from San Francisco’s Transgender District, yes, a legally recognized district for transsexuals, said that trans people face discrimination and giving them no-string attached cash will “have a little bit more ease with their finances.” They fail to see the obvious issues here that need no explanation. This initiative will create a further divide as all Americans could use a bit of extra assistance and likely do not want their taxes sent to someone based on their sexual identity or lack thereof.

Easter is Transgender Day

Judicial Watch is suing Mayor Longdon Breed for violating the equal protection clause in California’s Constitution. This asinine law also violated the 14th Amendment of the US Constitution, which provides “equal protection” to all persons born or naturalized in the United States.

I have spoken on the economic insinuations of Guaranteed Basic Income programs that always fail. Our welfare system has seriously altered human behavior as it pays people not to work. Worse, it incentivizes those who cannot afford children to have more children. California has more debt than any other state in the US and simply cannot afford this program, but these blindsided lawmakers are desperate for votes. Lawmakers are attempting to implement these pilot programs throughout the country, and some are specifically targeting minority groups, which is utterly unconstitutional.

Klaus Schwab of the World Economic Forum said basic income is “basically plausible” and believes it is necessary for the Great Reset. He denies that it would incentivize people not to work:

“I deny that people would then put their hands in their lap and sit lazily at home. A nurse in Germany with 2000 euros gross pay might today feel worn out. If, however, she were to receive a basic income, she might see it as recognition, and she would have a different basic attitude towards her work. In the future, if jobs are swept away due to digitalization, we need, on the other hand, a humanization of society. Industrial jobs will be gone, but there will be more social work to be done, like medical and health care.”

In 2017, Schwab said that the need for Guaranteed Basic Income would present itself and become a topic of discussion. Interestingly, that is precisely when our war model is turning up.

All those migrants fled from socialism for a reason. It should be illegal for lawmakers to make these socialistic promises that pander to their voting base and all but ensure blue votes. Society simply cannot function without everyone making meaningful contributions. Innovation ceases under socialism and communism, and society becomes locked in the past. Look at Cuba, for example, where they are stuck in a relic of the 1980s. Then “money” loses its value when it is handed out freely, and instead of everyone being equal, everyone simply has nothing while the government has everything.

Free money becomes like a drug and the people become hooked on receiving that monthly direct deposit. But, as with all drug, they will become dependent and will need more and more as the cost of living increases. This will only incentivize people not to work and vote for politicians who promise handouts at the expense of responsible taxpayers.

Charlie Kirk WARNS College Student To Watch Out For WOKE RUBBISH 👀🔥


Posted originally on Rumble By Charlie Kirk show on: Apr 6, 2024 at 8:02 pm EST

4.7.24: LT w/ Dr. Elliott: Illegal voting, Bird Flu, SILVER, Central Banks buying Gold, How you can grow. Pray!


Posted originally on Rumble By And We Know on: Apr 7, 2024 at 12:00 pm EST

Russia Deems South Korea an Unfriendly Nation


Posted Apr 8, 2024 by Martin Armstrong

World War III

Russia’s ties to North Korea have strained its relationship with South Korea. South Korea has placed sanctions on Russian entities and individuals, with Russia responding by deeming South Korea an “unfriendly nation,” or in other words, an enemy.

“This is an unfriendly move by Seoul and is deeply regrettable. The imposition of – I emphasize – illegitimate sanctions will have a negative impact on relations with Russia,” Russian Foreign Ministry spokeswoman Maria Zakharova stated. South Korea has said that Russia violated the Security Council resolutions by engaging in arms trade and military cooperation with its northern neighbor in a move that “threatens peace and stability not only on the Korean Peninsula but around the world,” per an official statement. South Korea has demanded that Russia immediately cease all military cooperation with North Korea, but Russia is keeping its strategic alliance.

The Security Council measure in question was implemented in 2017, banning trade on weapons with North Korea and limiting trade on fuel. Moscow insists it is keeping its commitment but then stated that the sanctions simply failed. “It is clearly seen that endless sanctions are completely useless for achieving the designated goals. They lead to a financial and economic blockade of an entire state with all the ensuing consequences for the population,” Zakharova said.

Russia has not confirmed if it is supplying oil to North Korea in exchange for military support, nor is it responding to rumors it has helped to provide the hermit kingdom with previously blocked $9 million in frozen funds. There is no evidence that Russia helped North Korea unblock these funds aside from the New York Times’ anonymous source who allegedly works for the CIA. This is quite a small sum of money in the scheme of things as well but they are looking for anything they can use against Russia.

Kim Jong un Rocket

Even world leaders are under the invisible hand where they are only looking out for their self-interest. It would not be in the self-interest of Russia to allow North Korea to run amuck in the Korean Peninsula or attempt to wage World War III by attacking its southern neighbor. North Korea has long been in survival mode and only exists because other nations are afraid that Kim-Jung Un will launch nukes into the abyss if cornered. This seems more to be a strategic trade partnership for these shunned nations.

“South Korea apparently lacks the immunity to protect itself from Washington’s external influence,” Zakharova added to her earlier comments, as South Korea followed the US in implementing sanctions. What do all these nations have to gain by involving themselves in the dispute between Ukraine and Russia? All of this is being done at the request of NATO and the West, who are demanding all their allies fall in line and blindly support this endless war despite the clear economic consequences.

WarRoom Battleground EP 508: Mainstream Manipulation Of The Job Numbers


Posted originally on Rumble By Bannons War Room on: Apr 6, 2024 at 01:00 am EST

E.J. Antoni: “It’s Not Native Born Americans Who Are Getting Hired Today”


Posted originally on Rumble By Bannons War Room on: Apr 5, 2024 at 08:10 pm EST