Tag Archives: Student Loans

Aug 22 2020

Will Epstein Case with Maxwell Go Beyond just Sex?


Armstrong Economics Blog/Conspiracy

Re-Posted Aug 22, 2020 by Martin Armstrong

 

The real question is what is going on in this case? Are prosecutors going to limit this to just sex? Or will they look at this for real that Epstein was using the underage girls for the purpose of blackmailing high profile people? The connection of Maxwell’s father to “the club” would open a lot of doors including the attempt to blackmail even Yeltsin. Somehow I suspect that would never happen because it would lead to the Clinton’s deal with the bankers.

Aug 21 2020

Kalamity Kamala a Calamity for America


Kamala won’t be Biden’s VP. Biden will be Kamala’s president only if she gets up in a good enough mood to give him permission

Joan Swirsky image

Re-Posted from the Canada Free Press By  —— Bio and Archives—August 20, 2020

Kalamity Kamala a Calamity for America

Calamity Jane was a frontier heroine in the mid-19th century who during an uprising in 1872, saved a Captain Egan from certain death, whereupon he told her: “I name you Calamity Jane, the heroine of the plains.”

This is in stark contrast to Kalamity Kamala of 21st century America, who would accelerate the downfall of our Democratic Republic in the unlikely event of a Biden-Kalamity win on November 3rd.

Why? Because Biden and Kalamity are promising to resurrect the failed policies of the Obama years, and inflict even more damage on America the Beautiful.

According to author and television host Mark Levin, although the media are rushing to portray California’s junior senator as a moderate, nothing could be further from the truth.
She is the “most extremist radical politician ever to run for high office” in the U.S.A., Levin states, even “farther left than 97% of the Democrats in the U.S. Senate,” even “left of avowed Marxist Democratic socialist Bernie Sanders.”

Levin and his guest attorney Mark Pulliam provided several examples. Kalamity Kamala, they said:

  • Rejects a physical wall on the Southern border.
  • Compared ICE (Immigration and Customs Enforcement Service) to the Ku Klux Klan.
  • Believes in government-run health care for illegal aliens.
  • Believes in the elimination of private health care.
  • Believes in the Green New Deal which would bankrupt our country.
  • Wants to repeal the president’s tax cuts for the middle class.
  • Wants to massively increase taxes on all Americans.

When it comes to support for Jewish issues in America as well as support for Israel, the estimable Daniel Greenfield in his powerful article, The Democrat Party is Getting Rid of Jews, has a warning:

“Obama and Harris both signed off on Iran’s nuclear program and the flow of money to terrorists.” In addition, “While Harris has been depicted as a moderate, her chief of staff, Karine Jean-Pierre, was the national spokeswoman and senior adviser for MoveOn, the radical group [with] a long history of trafficking in anti-Semitism and attacking the Jewish State.”

And, Greenfield reminds us, Kalamity Kamala is a full-throated supporter of the virulently anti-Semitic members of the so-called “Squad”––Cong. Ilhan Omar (D-MN), Cong. Rashida Tlaib (D-MI), Cong. Ayanna Pressley (D-MA), Cong. Alexandria Ocasio-Cortez (D-NY), and all the others who avidly support both the Boycott-Divest-Sanction (BDS) movement to destroy Israel economically and to deny foreign aid to America’s staunchest ally in the Middle East.

In a chilling but all-too-credible warning, Greenfield says that “Jewish Democrats who imagine that Israel is the problem are about to learn they’re the problem.”

CENSORSHIP TO THE RESCUE

Clearly, the Democrat Party poohbahs recognize the liability Kalamity Kamala poses to a November victory and so, according to reporter Andrew Stiles of the Washington Free Beacon, an active campaign involving Democrat Party operatives like Obama handler Valerie Jarrett, Regressive activists, and all of the predictable media whores are declaring that any criticism of her be off limits.

The long list of words the media is forbidden to use include, among others: “ambitious,” “angry,” “unlikeable,” and “unqualified.” Don’t report on the “heritage” of non-white candidates is another directive, and don’t publish unflattering images.

And to anyone who does these sinful things, the self-appointed guardians of the Biden-Kalamity Censorship Committee are advised to use the magic formula: Cry “racist”––and then throw in “sexist”!

All of us can see the pitiful cognitive decline of Mr. Biden. But wasn’t Kamala chosen to cover for him, to be his pit bull, to prove to people she was capable of taking her seat in the Oval Office––unfortunately when and not if Biden’s rapid decline continues?

Now this committee is telling us that the entire Biden-Kalamity ticket is so vulnerable, indeed fragile, that it cannot withstand legitimate criticism, probing policy and personal questions, and what most of the country continues to cherish as a bedrock American value: Free Speech!

These are today’s Democrats––camouflage the ailing and failing and prettify the ambitious, angry, unlikeable and unqualified––or else!

Yet, laughably, Democrats continue to entertain the conceit that they are tolerant.

A THANK YOU IS IN ORDER

Actually, the Biden-Kalamity Censorship Committee has precedent. In 2007, a leftwing journalist named Ezra Klein formed a group called JournOlist which consisted of 400 equally leftist journalists, ostensibly to discuss politics but in fact to insult, degrade, vilify, marginalize and generally try to destroy anyone who disagreed with their largely radical points of view.

The “O” stood for the man then ascending in the political world who two years later would find himself at the pinnacle of power in the White House. One of JournOlist’s first tasks was to savage anyone who questioned Mr. Obama’s viciously anti-American and anti-Semitic pastor of 20 years, Rev. Jeremiah Wright. Their magic formula was to call anyone who said or wrote anything negative about Obama a “racist.”

JournOlist members continued to hurl “racist” accusations at Obama’s critics for eight long years. What Americans learned from those overwhelmingly false charges was that weak and insecure people cave when people called them names but strong and confident people see the accusations for what they are––transparent attempts to intimidate them into silence.

Multimillions of Americans, including me, have to thank the JournOlist “strategy” because it succeeded in bringing to America the quintessentially strong and confident leader––President Donald J. Trump––who in less than four years has truly transformed our country into a flourishing Democratic Republic.

Why is that relevant today? Because President Trump recognizes that in every law, policy, philosophy, deal and strategy that Obama employed, VP Biden was right by his side, supporting every action and touting it enthusiastically on his globetrotting travels. And worse, with far-far left Kalamity Kamala now by his side, Biden’s plan to resurrect Obama’s policies would be even more extreme.

Keep that in mind when you read this brief review of what Barack Obama inflicted on our country and what President Trump fixed:

  • Obama-Biden eviscerated our military and President Trump reconstituted it to become the strongest military in the world.
  • Obama-Biden had a failed economy and chronically unemployed citizens and President Trump boosted employment to the highest levels in American history––including Black employment, Hispanic employment, women’s employment, and youth employment.
  • Obama-Biden displayed visceral antagonism to our most reliable Mideast ally and President Trump told the entire world that America stands with Israel. He recognized Jerusalem as Israel’s capital and moved the American embassy there; recognized Israel’s sovereignty over the Golan Heights and now forged the first deal between Israel and an Arab state in 26 years––that of the now-promising partnership between Israel and the United Arab Emirates, with more Arab states coming on board in the near future.
  • Obama-Biden’s genocidal-to-Israel deal with Iran allowed the terrorist state to develop nuclear weapons and President Trump cancelled it, although he couldn’t recoup the $150-billion in cold hard cash that Obama & Co. shipped in pallets to Iran, all while the Mullahs were promising––as they are to this very day––to wipe Israel off the map.
  • Obama-Biden continued America’s decades-long dependence on foreign oil and President Trump made America completely energy independent.

BUT, BUT, BUT…

But Kalamity Kamala is only a Vice Presidential candidate, you may say. It’s the President who formulates the policies, determines the direction of our nation, and makes the decisions. Why such a brouhaha about her?

It is not only because candidate Biden’s handlers have succeeded in moving the once-vital politician to the far left, but because the far-far left is where Kalamity Kamala lives.

In a lacerating profile of Kalamity Kamala, journalist Ixtu Diaz says that after reading thousands of pages about her, she is a woman “who boasts of instilling fear in her opponents, who despises individual freedom, and who rages at half the planet for being men or for not thinking like her.”

“But let’s not fool ourselves,” Diaz continues, “Kamala won’t be Biden’s VP. Biden will be Kamala’s president only if she gets up in a good enough mood to give him permission. She has two big things going for her: that she is a woman and that she is black––a truly extraordinary feat that has never been accomplished by anyone before.

“She certainly deserves an award, although perhaps the vice presidency of a government without a president is excessive.”

Now that would be a true calamity!

Aug 21 2020

Solution – Legal Battle Against Socialism


Armstrong Economics Blog/The Hunt for Taxes

Re-Posted Aug 21, 2020 by Martin Armstrong

We are in need of a qualified lawyer prepared to file a lawsuit against Progressive Taxation as a denial of Due Process and Equal Protection of the law. For centuries, people have debated whether the wealthy should pay more taxes than everyone else and what even constitutes the wealthy. The definition of the rich has constantly changed. It has now fallen to not just an individual, but to household income. that can easily be expanded to your children if they still live at home because they cannot afford rent or to buy a house thanks to non-dischargeable school loans for worthless degrees. We have unsettled questions as to who is the rich a person or a family, and then just how much more they should pay on a percentage basis compared to everyone else.

These issues have never been resolved despite the fact that the government has been shifting the definitions and presidential elections constantly push class warfare. This notion of “progressive” taxation has escalated into demand to end all freedoms and even confiscate the wealth of the so-called rich which comes down to the top income tax bracket which was $250,000 was expanded to 37% for $518,401 or more. This issue even sparked one of the early battles over tax distribution. Supporters of progressive taxation favored a graduated tax structure, where the tax rate
would increase with the taxpayer’s income. Opponents of progressive taxation believed that a person should not pay a higher tax rate just because he or she earned a higher income for this denies equal protection of the law and creates class warfare which began with Karl Marx.

Thanks to Marx, the debate over progressive taxation began to intensify at the turn of the 20th century with the passage of the Sixteenth Amendment, which permitted a federal income tax whereby the founders prohibited any direct form of taxation. During the colonial days, a tax they created was a “faculty tax” which did not tax income, but your ability to earn income. Then in 1913, Congress passed its first “lawful” income tax which was progressive because this was the attitude that even dominated the Supreme Court at that time.

Before the creation of the United States, taxes were paid to the United Kingdom by the Colonies who also imposed local taxes. The Articles of Confederation did not give the federal government any power to tax leaving that to the States. In England, the king needed the consent of the people to be taxed which is why he would call Parliament who represented the people. To this day, it is Congress that pretends to have the “consent” of the people to be taxed. Then in 1787, the US Constitution became law and it did give the federal government that power to tax indirectly which was primarily tariffs, and a portion of those taxes had to be given back to the states based on population. The Supreme Court ruled in 1797 what was meant by Direct Taxation (see Hylton v. United States, 3 U.S. (3 Dall.) 171 (1797))

Interestingly, it took one 51.6-year wave of the Economic Confidence Model where the fiscal mismanagement of the states began to put pressure on further taxation. From 1837, some states began to add income and property taxes. The Civil War led to the Revenue Act of 1861 which allowed a federal income tax which was to expire with the Civil War. This was direct taxation which was then found unconstitutional later in Pollock v. Farmers’ Loan & Trust Co., 157 U.S. 429 (1895). It was finally in 1911 when Wisconsin became the first state to adopt an individual and corporate tax. This was upheld with respect to corporations in Flint v. Stone Tracy Company, 220 U.S. 107 (1911).

It wasn’t until the 16th Amendment in 1913, that the federal government was granted the power to levy income tax on both property and labor and included corporate and individual income tax. This went to the Supreme Court which held that the income tax was then constitution under the 16th Amendment (see: BRUSHABER v. UNION PACIFIC R. CO., 240 U.S. 1 (1916)). The income tax debate did not begin until it was no longer the rich being taxed, but it was applied under socialism and Roosevelt with the birth of the payroll tax to affect the pocketbooks of an entire nation with World, people began to pay more attention.

There is no question that many scholars expressed deep concerns about progressive taxations. They criticized progressive taxation on the basis that it was “unfair” to pay greater than one’s proportionate share. Any such proposition that one’s ability to pay is discrimination indistinguishable from race, gender, or religion. The courts just held that it is unconstitutional to draft into the military only boys and not girls. Under these same principles, it is unconstitutional to tax one person at a higher percentage because of his ability to pay. This is the very essence of Marxism which not only violates the Ten Commandments, but it clear divides society creating class warfare.

In 1952, the publishing of “The Uneasy Case for Progressive Taxation,” by Professors Blum and Kalven, did we come to a systematic and very scholarly analysis of progressive taxation. They criticized progressive taxation primarily on economic grounds but conceded its constitutionality. Later in 1985, another book was published: “Takings: Private Property and the Power of Eminent
Domain” authored by Professor Richard Epstein. Here Epstein argued that progressive taxation was not constitutional suggesting that the Fifth Amendment Takings Clause prohibited such progressive taxation.

No person shall be … deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.

The Supreme Court has never definitively upheld progressive taxation. You cannot have liberty and your right to property which turns on your class any more than on your race, gender, religion, or your sexual preference. The Supreme Court should, in fact, find progressive taxation totally unconstitutional. We may need to challenge this now in order to block the Socialist Agenda about to destroy the very freedoms of the United States.

What we need is a real law firm ready and willing to bring a class action lawsuit to start the only effort we have to prevent Socialism destroying our nation like Venezuela or the old Communist Regimes. You do not create prosperity by stealing from one person and handing it to another. If it is illegal to do so if an individual robs another, then the same principle applies if politicians exonerate themselves for committing the very same act. Equal Protection means we must all be equal under the eyes of the law.

Aug 21 2020

Good Grief, Goodyear is Run By Idiots…


Posted originally on The Conservative Tree House on August 20, 2020 by 

Get woke – Go broke, strikes again.  When you consider the scale of the company and the resources available to them on branding and marketing…. one can only come to the reasonable conclusion that Goodyear is run by idiots.

(SOURCE – LINK)

On the positive side, the boycott response -which I fully support, not because of the originating stupid, but rather because I do not want tires from amplified corporate stupid on my vehicles- just shows the scale of economic backlash from average Americans.

There are more of us than them; they just control the mechanisms that allow us to communicate with each other – nothing more.  Remember that !

Aug 16 2020

Radical Left Tactics to Divide America, Rewrite History—Rep. Ken Buck | American Thought Leaders


00:00 Intro
1:30 TikTok ban
5:14 Touring the Capitol
8:00 America isn’t a democracy
9:36 Antifa violence
18:01 The “anti-fascists” are the most fascist of all?
22:22 Inside Statuary Hall
31:28 Challenges in education
Violence and calls for “revolution” have engulfed Portland, Oregon and other major U.S. cities. Rioters have attacked police officers with rocks, bottles, bricks, and fireworks. Authorities have responded with tear gas, rubber bullets, pepper balls, and arrests. How did we get here? And what is really at stake? In this episode, we sit down with Colorado Congressman Ken Buck to discuss his new book “Capitol of Freedom: Restoring American Greatness,” which takes readers on a journey through the halls of the U.S. Capitol to understand the principles that make America exceptional and that are now under siege. We also explore foreign threats to America, and Congressman Buck’s push to ban government employees from using the Chinese-owned TikTok app on their phones. This is American Thought Leaders 🇺🇸, and I’m Jan Jekielek. Note: This interview was filmed on July 27, 2020.
Aug 16 2020

The Justice Fish is dying from the head


If the Justice Fish dies, so will the Constitutional Republic of America – until the Second American Revolution brings freedom again

Lee Cary image

Re-posted from the Canada Free Press By  —— Bio and Archives—August 15, 2020

The Justice Fish is dying from the head

Credit the Turkish poet Rumi (1207-1273) as the origin for an expression in one of his poems: “Fish begin to stink at the head, not the tail.”

The pinnacle of American jurisprudence is the United States Department of Justice. The Supreme Court of the United States adjudicates when, where and how justice should, and has been, exercised.

The Department of Justice in America is dying from the head.  Essentially, it may already be dead. It appears so on the streets of Portland and Seattle, and in the political halls of Washington, D.C. and the Big Blue State governments.

Today, a handful of noteworthy voices is delivering this message in necessarily even-tempered tones. Here are three.

The President

Here is a summary of a FOX Business News reporter’s recent interview with President Trump, whose comments concerned both US Attorney Durham and Attorney General Barr. Maria Bartiromo asked about the Durham probe which Barr claimed could [the operative word] yield some results by next month. Quoting from her interview with the President, Trump said:

“‘I hope he’s doing a great job, and I hope they’re not going to be politically correct,’ Trump said. ‘Obama knew everything. Vice President Biden, as dumb as he may be, knew everything, and everybody else knew. And [former FBI Director James] Comey, and [former CIA Director John] Brennan, and [former Director of National Intelligence James] Clapper, they were all terrible, they lied to Congress,’ the president added.

‘They spied on my campaign, which is treason,’ he continued. ‘They spied, both before and after I won, using the intelligence apparatus of the United States to take down a president, a legally elected president, a duly elected president of the United States. It is the single biggest political crime in the history of our country.’”

Continuing, Trump added that he “hopes Durham is ‘doing a job,” and that his team “is not going to be politically correct and just get a couple of the lower guys. Bill Barr can go down as the greatest attorney general in the history of our country, or he can go down as an average guy. We’ll see what happens.”

Sidney Powell, General Flynn’s Lead Defense Attorney

In an interview posted on YouTube, Sidney Powell, who took over the defense of General Flynn after his deep state lawyers bled him dry of funds with bad results, said this, beginning at 53:05:

“It’s absolutely imperative that the Department of Justice return to the time when it would self-correct. It’s huge. When I was an assistant U.S. attorney, I was raised to tell the judge the truth, whatever it was. The good, the bad, the ugly. Somewhere in the last twenty years we came to this time when these people think the end justifies the means. They’re using the law as a weapon to destroy people, innocent people, to destroy peoples’ lives and that’s not what the system is about. So, the Department of Justice has got to start standing up for the right thing. The only politics in this prosecution [of Flynn] was from the very beginning. On the side of prosecuting General Flynn at all… It[righting the ship that’s the Department of Justice] has to be done if we’re to survive as a constitutional republic built on the rule of law.”

Sidney Powell: Inside the Michael Flynn Case and DOJ Reform

Tom Fitton, President of Judicial Watch

Beginning with the Russiagate Hoax, through the Kavanaugh Hearing, into the Impeachment ordeal, and continuing today, Judicial Watch (JD) has been led by Tom Fitton in its intrepid search for the truth.  Throughout that process, JD has been blocked, to the point of being stonewalled, by the Department of Justice (DoJ), its Federal Bureau of Investigation (FBI), and the Department of State (DoS).

On August 14, Fitton was interviewed by the host of FOX’s Lou Dobbs Tonight show after a three-judge panel of the D.C. Court of Appeals ruled against JD and overturned a lower court order requiring Hillary Clinton to sit for a deposition concerning her use of a personal server while at the Department of State, and events surrounding Benghazi. Two of the judges were appointed by Obama, the third by Bush, Jr.

Into the interview (2:58), Fitton explains how resistance to JW continues to come both from the DoJ, FBI and the DoS:

Tom Fitton reacts to appeals court overturning Hillary Clinton deposition order

Tom Fitton

“It’s still happening. The attorneys at the State Department are colluding with the Clinton attorneys. They’re fighting us together. It’s incredible, and it’s a betrayal of everyone who expected law and order from this new Justice Department. [Dobbs asks] ‘What is William Barr doing?’ [Fitton silently holds up both arms, then says…] Nothin’.”

Late last week the DoJ announced that FBI Attorney Kevin Clinesmith – hardly a household name in the Russiagate Hoax – pled guilty to illegally altering a FISA document. While it may evolve into an important development, he could become merely one of a very few low-level persons held accountable for a multi-year lie.

Tom Fitton reacts to appeals court overturning Hillary Clinton deposition order

Kevin Clinesmith

Sacrificial lambs.

One thing is certain.  If Biden becomes the next POTUS, any and all efforts to surface the truth of a litany of corruption from the highest level of the Federal Government, through the Big Blue State Governors’ mansions, down to the Mayors and City Councils of the Big Blue Cities that aim to defund their Police Departments, will vanish.

Should that happen, many Americans will have been as Estragon and Vladimir who waited for Godot to come on a country road. Pozzo and his slave “Lucky” come by, and Lucky delivers a speech about God and hell.

Then comes a goatherder who delivers the message that Godot has promised to come soon. Later, the goatherder comes again to say that Godot will come the next day. Then, on a different day, the goatherder brings a message of Godot’s imminent arrival. After multiple false starts, Estragon and Vladimir decide they’ll hang themselves if Godot doesn’t come.

There the play, “Waiting for Godot,” ends.

If the Justice Fish dies, so will the Constitutional Republic of America – until the Second American Revolution brings freedom again.

Aug 9 2020

Trump & Abolishing the Income Tax


Armstrong Economics Blog/Economics

Re-Posted Aug 9, 2020 by Martin Armstrong

COMMENT: No matter what you deny, you are advising Trump. He quotes you often and now he is taking your position that taxes are irrelevant and should be abolished. He has also said that he would create a permanent tax holiday for those earning less than $100,000 if he is reelected. Stop denying this.

GG

REPLY: Granted, he has used the language in my letters. This idea of abolishing taxes has been my position. We run deficits anyway and taxes will never balance the budget. They were needed when money was a physical coin. But it is just electronic today. We spend so much on tax collection and then the entire class warfare is always over confiscating assets of one group to had to another. Abolishing taxes was laid out in the Solution CD.

I am NOT advising Trump. I do not speak to him on the phone nor have I seen him since I attended a private event at his Florida compound. There are plenty of people who read this blog and the private blog in Washington. What information others pass on is out of my direct control. I am not interested in working at the White House. Who really cares where he takes his advice? Your tone seems hostile and I suspect you are trying to create a link between us only for political purposes. Sorry! You are barking up the wrong tree!

Aug 9 2020

FT’s Interview of Putin 2019


Armstrong Economics Blog/Russia

Re-Posted Aug 9, 2020 by Martin Armstrong

To understand the confrontation between the USA and Russia, and the future of the world monetary system, it is always important to listen to the opposition to gain some insight into the thinking process.

Aug 8 2020

Friedman – Equality & Freedom


Armstrong Economics Blog/Economics

Re-Posted Aug 8, 2020 by Martin Armstrong