Powell to Remain at Fed as a Democratic Revolt is Festering


Armstrong Economics Blog/Central Banks Re-Posted Nov 22, 2021 by Martin Armstrong

Biden nominates Powell for the second term as Fed chief, as Democratic Opposition to his leadership is rising fiercely. Biden’s handlers appeased the Progressives by naming Brainard vice-chair. The hearings of  Omarova have rattled even conservative Democrats who are starting to wonder who is really calling the shots.

Then the word in DC is that Biden will run in 2024. The conservative Democrats are beside themselves. With Biden’s polls at only about 33% favorable, they are starting to suspect that his administration is about this Great Reset and the strings being pulled are not to their liking. But a president who is mentally incompetent is exactly what these people wanted to change the United States into a Marxist Wonderland.

Millennials Priced Out of Home Ownership


Armstrong Economics Blog/Real Estate Re-Posted Nov 22, 2021 by Martin Armstrong

Why do 20% of Millennials (25-40-year-olds) in the US believe homeownership is completely unobtainable? To start, rentals across the US are on the rise. The Fair Market Rents (FMRs) compile data every year to determine the cost of the 40th percentile gross rents for typical, non-substandard rental units. This means that the majority of rental properties cost more than the FMRs reports.

From October 2020 to September 2021, Arkansas saw the lowest rental costs for a standard two-bedroom at $697 per month. Alabama ($726), Mississippi ($727), and Missouri ($728) also had some of the lowest costs for two-bedroom rentals in the nation. However, people living there typically receive wages based on the low cost of living. On the high side, Hawaii came in as the most expensive state to rent a two-bedroom at $1,798, followed by the District of Columbia ($1,765), Massachusetts ($1,642), and New Jersey ($1,552). Again, these figures represent only the 40th percentile of properties, and most people are paying more.

Gone are the days when people could spend the standard recommendation of ¼ of their monthly income on housing. This leaves renters with reduced savings for the property of their own, and the cycle of renting continues. For those who can save to own property, the property tax makes it nearly impossible to make the transition from renting to owning despite mortgage prices being similar to rental costs. This does not even touch income tax, capital gain tax, sales tax, and the plethora of taxes we need to pay to the government to exist.

According to data, New Jersey has the highest property taxes in the country at 2.47%. Therefore, a $205,000 home would cost a property owner around $5,064 annually in property taxes alone. Illinois has the second-highest rate at 2.3%, New Hampshire at 2.2%, and Connecticut at 2%. Despite having the highest rental costs, Hawaii has the lowest property tax at 0.27%; however, the state demands some of the highest home prices in the country. Alabama (0.42%), Colorado (0.53%), and Louisiana (0.53%) also have some of the lowest property taxes in the nation. To own, expect to have the funds for a down payment, closing costs, inspections, repairs, maintenance, and more. The ongoing home bidding wars and declining inventory has also made the American dream of homeownership seemingly unobtainable for many. This has led to an entire generation delaying milestones such as having children and a family, which, in turn, contributes to a weakening economy.

Salesforce – A Dangerous Company?


Armstrong Economics Blog/Conspiracy Re-Posted Nov 22, 2021 by Martin Armstrong

Marc Benioff took Salesforce following the full mandate to be vaccinated based on the federal contractor rule for all employees, despite the fact that not everyone in the company deals with the government. This is even contrary to the court ruling and OSHA rescinding that decree. It appears that Benioff is following Schwab and his partnership with the World Economic Forum rather than the US Constitution. If he does not reverse that position, it appears that Salesforce will be the target of a massive class-action lawsuit.

Marc Benioff is up to his neck if not over his head in league with Klaus Schwab. Personally, I will neither do business with nor advise Salesforce in any capacity. Benioff, I believe,  takes his marching orders from Schwab and has committed a public company to his personal friendship with Schwab. But Benioff does not believe he owes anything to his shareholders, but society comes first with stakeholder economics that failed once the government provided socialist benefits.

Benioff’s duty is to his shareholders. If I raised money to go public and then said, oh, by the way, I think I will donate what you just gave me to my personal charity, I think that would be called fraud.

Journalists Refuse to Report on Worldwide Protests or They May Come After your Pets Next


Armstrong Economics Blog/Civil Unrest Re-Posted Nov 21, 2021 by Martin Armstrong

Journalists who are spouting out the propaganda and support Gates & Schwab, have corrupted our society. Here are worldwide protests that they pretend do not take place. Once upon a time, Fauci said we would reach herd immunity when 70% of the population were vaccinated. Now the vaccinated are the people being rushed to hospitals as the immunity declines to other diseases as well. Now the miracle vaccines do not work and so boosters are rolled out every 6 months indefinitely for a disease that is not worse than the flu with lethal results. Now 5 million out of 7.8 billion is minimal. 1% of the population would be 78 million. Car crashes take about 1.35 million people who die in road accidents worldwide every year — 3,700 deaths a day. These journalists are aiding and abetting the destruction of Western society and they seem to know it.

The latest being talked about behind the curtain, we have too many pets that also put out CO2. They can get COVID and also should be vaccinated following the death of the snow leopards.

Journalists Fleeing Mainstream Media


Armstrong Economics Blog/Press Re-Posted Nov 22, 2021 by Martin Armstrong

While more than 50% of the police in New York City wish they never became cops because of the manipulation of society, and there has been the beginning of a migration of police from New York to Florida, there is another trend emerging concerning mainstream media both in the United States as well as in Europe. I have known some of these high-level people in the mainstream media who wanted to report on the forecast of Socrates but have been blocked. There is a great sucking sound with journalists resigning. The interesting aspect is to what who is resigning from what newspapers.

Nellie Bowles of the New York Times quit and she explained how the news is being manipulated. She said she was sent to report on the “mainstream liberal argument” that vandalizing buildings for racial justice was not detrimental because businesses had insurance. “It turned out to be not true,” Bowles wrote. “The part of Kenosha that people burned in the riots was the poor, multi-racial commercial district, full of small, underinsured cell phone shops and car lots. It was very sad to see and to hear from people who had suffered.”

The entire Rittenhouse divide with people calling this a racist court is ignorant. It seems many in the mainstream media reported it was a Black Lives Matter riot, but the people he killed were white – not black. Has mainstream media deliberately tried to create civil unrest?

One of the editors of the FT just quick because of the same reasons. There has been a mass exodus of journalists from the BBC and the London Financial Times. Mainstream media is denying the truth on every level and we are witnessing the collapse of not just government, but mainstream media. They are pushing ONLY a left-wing agenda and if the news is to the contrary, they refuse to print it.

The FT has been pushing the end of Capitalism when its entire livelihood was supposed to be business. You can’t make up this hypocrisy. There are more people in line to leave the FT. Why work for a newspaper that was founded on capitalism that now supports Schwab and terminating capitalism?

Eventually, in 1945, there was a  merger that created the London Financial Times as one of the largest business newspapers in the world. The FT will fold by 2031 on that 86 year cycle as it is committing suicide. It will fall with this failed effort to end capitalism.

The FT was a newspaper that I once respected, but today, it has become a propaganda rag for Schwab that refused to even allow reporters to investigate the origin of COVID. Was that directive straight out of instructions from Geneva? Why were such investigations not appropriate? Why do they now support Marxism?

The FT also takes money from Bill Gates surrendering its independence and integrity as has been the case at the BBC. The biggest names in mainstream media have simply been sold to the highest bidder.

I have had contact with mainstream media but they are NOT allowed to utter a single word that there is this computer that dares to forecast the decline and fall of this World Economic Forum. The very fact that Schwab is preaching his 4th Industrial Revolution and AI that will change the future would be on point when it forecasts he will fail. The entire Guaranteed Basic Income is the assumption that robots will replace people who will then be unemployable and to save the planet, they need to get rid of the excess humans. That is the unspoken agenda behind these words.

Because mainstream media will not investigate, they would be shocked to find out that these people think we need another 50% reduction in population like the Justinian Plague of 541AD and the Black Plague of the 14th century. The media will never bother to even investigate. Indeed,  the Washington Post’s logo, Democracy Dies in Darkness, is exactly correct. They are the one’s creating the darkness to kill Democracy and usher in Schwab’s new Marxist Wonderland.


Just some journalists who have quit

Tucker Carlson Interviews Kyle Rittenhouse


Posted originally on the conservative tree house on November 22, 2021 | Sundance | 124 Comments

Kyle Rittenhouse shot and killed Joseph Rosenbaum and Anthony Huber as he was being attacked by a raging mob in Kenosha, Wisconsin. Rittenhouse also fired on Gaige Grosskreutz as the attacker held a handgun toward him. Prosecutors and U.S. corporate media attempted to claim that Rittenhouse was a racist vigilante looking for a fight; however, the defense, and all video of the events, show all shootings were justifiable self-defense.

Fox News host Tucker Carlson has an exclusive interview with Kyle Rittenhouse after a jury acquittal.  WATCH:

NBC Thanksgiving Suggestions to Cope With Joe Biden Inflation, Don’t Buy Turkey and Don’t Invite Family


Posted originally on the conservative tree house on November 22, 2021 | Sundance | 176 Comments

NBC ran an interesting segment on how to cope with the massive inflation and additional costs caused by Joe Biden.  Given the collapsing state of the U.S. economy, and crushing price increases for products created by White House policy, the administration previously suggested we should lower our expectations.

NBC takes the ‘lower expectations‘ theme to entirely new levels.  I’m not sure they thought through the meaning of Thanksgiving prior to the suggestions; however, Biden’s NBC stenographers have a few interesting recommendations.

The first suggestion is don’t buy the Thanksgiving day turkey, it’s too expensive.  The second odd suggestion to save money is do not invite friends of family to dinner.  WATCH:

Darrell Brooks Initial Court Appearance Scheduled for 2pm CT Tuesday, DOJ-CRS Outlines Waukesha Judiciary Media Rules


Posted originally on the conservative tree house on November 22, 2021 | Sundance | 194 Comments

The self-proclaimed black supremacist, who used his vehicle as a weapon to kill five people and injure 40 more, has his first court appearance scheduled for 2:00pm CT tomorrow (Tuesday November 23, 2021) [Details Here].

Suspect Darrell E. Brooks will have his preliminary hearing under the careful control of the U.S. Dept of Justice Community Relations Service (DOJ-CRS) who oversee all U.S. criminal cases when race is identified as the underlying motive for an attack.

Due to the high visibility of the case; and specifically because the DOJ-CRS are the primary stakeholder in the judicial proceedings {Go Deep}; the Community Relations Service has provided a court order instructing the Waukesha judiciary how they must engage/control media access.  [Media Instructions Here]  The CRS provides the template and Chief Judge Jennifer Dorow signs the order.

The primary concern for the CRS, aka ‘federal peacekeepers‘ is control over the national media narrative.  The techniques behind the court order are familiar:

(Source pdf)

Long term CTH readers have familiarity with how the peacekeepers work to tamp down issues and control criminal cases that are adverse to the interests of the federal government.

Ironically, and purposefully, the claimed need for national racial cohesiveness is the statutory justification for federal control.  Ironic, because the DOJ-CRS support the use of race for political benefit, then the CRS claims to protect national unity against the outcome from using race for political benefit.  The propaganda is thick.  I digress…

FOX6 did a great outline of the prior criminal record of Mr. Darrell Edward Brooks in one of their broadcasts.  WATCH:

COVID Madness Continues Down Under – Australia Northern Territory Use Army to Force People Into Quarantine


Posted originally on the conservative tree house on November 22, 2021 | Sundance | 387 Comments

In Australia’s Northern Territory, Chief Minister Michael Gunner has announced the Australian Defense Force (ADF) has been enlisted to start moving COVID positive cases into quarantine camps in Howard Springs.

The communities of Binjari and Rockhole were immediately placed into hard lockdown after nine cases of COVID-19 infection were detected in the region.  The Chief Minister is claiming the vulnerability of the aborigine community make drastic action necessary. “We’re conscious of the fact that this can have some impacts on people’s mental health as well as their general well being,” Police Commissioner Jamie Chalkner told NT News.

NT Chief Minister Michael Gunner is a fast talking man of notoriously intemperate disposition who will not allow any criticism of his totalitarian tendencies.  Gunner has promised to be as brutal as needed to stop COVID spread in the region. He will accept no vocal dissension to his mandates from citizens in the state.  All vaccine hesitant citizens are considered enemies of the state and now subject to arrest if they voice any objection.

The full press conference from Chief Minister Michael Gunner is below.   His views on mandatory vaccination should be watched to be believed.  If permitted, Gunner will use the military to enforce every aspect to his territorial mandate policy.

WATCH:

UPDATE: Cultural Marxist Propaganda Will Be Massive – Waukesha Officials and Feds Press Conference – Open Discussion Thread


Posted originally on the conservative tree house on November 22, 2021 | Sundance | 613 Comments

UPDATE:  Well, the presser is over and everything unfolded exactly as expected.  The “federal peacekeepers” are fully in control, and the playbook was once again fully displayed. Howie used to call the CRS the “tamp down committee,” and he’s right.  If you doubt the playbook, look at the predictions last night {GO DEEP} and this morning, and compare them to the outcome.

CRS activates the faith network. √ CRS hands out the scripts. √  Officials read the CRS talking points √… and the tamp down is executed.  Daniel Thompson was used exactly as predicted, and even the local officials said at the conclusion of the presser there would be “no further press conferences” to outline the ongoing investigation.  Everything is now in full ‘move along, move along… nothing to see here, folks,… move along‘ mode.   They need this to disappear fast, and so it will.

The decades-old peacekeeper playbook is entirely predictable.  The only good thing is that this event will open up more eyes to the federal control effort and the existence of the DOJ-CRS as a progressive federal agency to control public opinion. WATCH:

♦ Outlined Earlier – There are many new readers since we originally began highlighting the work of the DOJ Community Relations Service (DOJ-CRS) over a decade ago.  The Christmas parade attack in Wisconsin is the worst case scenario for the federal officials who shape American racial views for political control.  What you are about to witness is the largest CRS propaganda push in recent memory.

Race is used as a political tool by those who control the levers of power in the U.S. government.  Victims and perpetrators are defined according to how the dividing narrative fits their effort for political value. The progressive group deep inside the CRS are also called “the federal peacekeepers“, because they organize the nuances within the division to protect the system from outcomes they essentially create.

The CRS watches, and in many ways facilitates, politicians and federal officials stirring up racial strife.  The CRS supports cultural Marxism. However, when the inevitable violence surfaces, the CRS must control the backlash.   [NOTE: The CRS only activates when the minority supported group attack the majority non-supported group.]

The mass killing of white people in Wisconsin motivated by a black suspect -retaliating based on a false information created by federal officials, politicians and national corporate media- is the apex of predictable outcome from a national program of cultural Marxism.  They need this story to go away FAST.

The DOJ-CRS is our American social fabric abuser.  In this Wisconsin scenario, the progressive CRS has a major role to play in shaping the perspectives of victims away from the consequences of their activity.

Every resulting action is under the CRS control, and every word follows their script. Everything, including the excuses, justifications, tone and requests from the officials under the guidance of CRS, is purposeful propaganda.  The CRS assigns the public face of local response (it will likely be Daniel Thompson), and the CRS hands out the script that all local, state and media allies are required to follow.

The emergency response scripts are pre-written talking points for generic use when needed.   The emergency scripts are managed by officials within the Dept of Justice Community Relations Service and generally do not change over time.   Those initial talking points are deployed quickly once the attack occurs.  That initial emergency response took place last night and into this morning.  However, now the CRS will get down to the business of granular control with people on the ground in Waukesha, Wisconsin.

What I have just described sounds like something weird and conspiratorial, but it’s not.  It is really just another manifestation of what we witness from many of our political and justice institutions.

The DC system operators have used racial division for their own benefit for decades; however, the peacekeeper deployment has been refined, updated and refreshed with the advent of technology and social media.

The CRS primarily focuses on clouding, obfuscating and hiding motives from violent race-based attacks.  They will take a small innocuous possibility and expand it into the larger talking points if that helps to deflect attention away from the real racial motive of a violent attack.  Remember, the CRS primarily activates when the controlled minority group attacks the majority group.

The CRS stands aside when national media and politicians push a false narrative that benefits their objectives.  When a NASCAR garage pull down rope is falsely promoted as a noose, the CRS just watch and do not refute the claim.  When Kyle Rittenhouse is wrongfully accused of being a white supremacist the CRS do not get involved, they just watch and do not refute the claim.  These examples advance the objective of the cultural Marxists and are therefore not impeded.

However, when a supported minority group attack the majority group with a motive based on race, the CRS quickly jump into action.  That is the specificity of what they do, and the CRS have broad power and authority to carry out their operations because they are aligned with one side of the political continuum.

The CRS use allied media to shape their control over their defensive justifications and narratives.  The CRS also have a massive network within the faith-based community that act as partners for their mission.

The African Methodist Episcopal church (AME) is a major partner for the CRS in their objectives.  Their relationship goes back to the civil rights era, before the CRS was corrupted for unilateral political benefit.  There is also a large network of nationwide community activist groups who are part of the CRS rolodex.  The federal peacekeeper reach is massive and, because of the cultural sensitivity they use as a weapon, it is virtually unchallenged.

What we will witness today in Waukesha, Wisconsin, is entirely scripted by the DOJ Community Relations Service.  The CRS will want national attention on this attack to disappear quickly.  They will coordinate this effort by focusing any response to media on a local level.  The CRS do not want detailed national media coverage, so they shut out national media from the local pressers and shape the national coverage through specifically targeted distribution of controlled information.

Watch with new eyes and you will see it all very clearly.

Once you see the strings on the Marionettes, you can never go back to that time before when you did not see them….