Tag Archives: Ukraine

Aug 9 2024

America Needs Truckers


Posted originally on Aug 9, 2024 By Martin Armstrong 

Truckers

America has lost 1,544,700 trucking jobs on a seasonally adjusted basis. There are 30,000 less truckers on the road now compared to July 2023. Demand has not waned and this will undoubtedly contribute to supply chain slowdowns.

The trucking transportation sector has been declining steadily for the past four months, based on data released by the Bureau of Labor Statistics. We saw how terribly governments treated truckers amid the pandemic, deeming them essential employees but forcing them to forego their medical autonomy. The average age for a driver is between 46 to 60 and there is a prominent age gap within the industry.

The New York Times released a piece in 2022 claiming that the issue is based on the truck driver lifestyle that entails long weeks or months on the road and often sleeping in your truck. I have a friend who is a trucker who often calls his truck a prison on wheels. As one driver told the New York Times: ““The lifestyle probably is the first thing that smacks people in the face,” he says. “You know what it does to you. You’re thinking about it all the time. We’re tired. Our bodies are starting to go. Our bladders have been put to the test. And no exercise. We end up with all types of heart and other health ailments. You can’t truly fathom what it’s done to you.”

Regulations have caused an increasingly challenging environment for drivers. These regulations also differ by state, with many drivers wishing to avoid certain states altogether. Trucking is lumped in with warehousing in most government data. Warehousing jobs rose 10,700 last month to 1,794,900. However, that was the largest spike in employment since March 2022. Transportation and Warehousing as a collective now has an unemployment rate of 5.7%, up from 4.8% the month prior.

Around 72% of American freight is moved via trucks. The US Census Bureau states that there are 3.5 million truckers, with 8.4 million people employed in trucking related positions suck as laborers, operators, and sales workers.

Simply put – people no longer wish to begin careers in the trucking industry. This presents a major problem as the median aged driver is not far off from retirement, but people are leaving the industry in droves beforehand.

Aug 8 2024

Pentagon Gifts $110 Million Air Base to Terrorists  


Posted originally on Aug 8, 2024 By Martin Armstrong |  

Pentagon 2

The United States has once again willingly abandoned weapons and ammunition in a foreign nation. Niger has been in a state of upheaval due to economic conditions and a corrupt government. The incoming regime has asked the US military to evacuate, and likely to their surprise, the US government has agreed to abandon Niger’s Air Base 201.

The Pentagon spent $110 million to build the base in 2019 and has been spending about $30 million per year on operations. The strategic position helped the US fight terror networks that have migrated from the Middle East. Somehow, this new incoming regime is holding more power than the established US government, and the Pentagon was unable to successfully negotiate keeping this base. “This does make safeguarding U.S. security interests in the Sahel that much harder,” Maj. Gen. Kenneth P. Ekman of the Air Force, tasked with overseeing the withdrawal, told the Times in July. “The threats from ISIS and Al Qaeda in the region are getting worse every day.”

The Biden Administration is absent. No one is in charge. Kamala may be parading around as the new elect, but she has yet to hold an official conference. And where is Joe? He’s still technically the president of the United States but has been MIA. Everyone simply accepts he is “in a basement in Delaware,” while the government breaks into fractions that are utterly incompetent. The US government did not even give its own military the opportunity to collect the materials left behind. Biden’s foreign policy is simply to abandon ship and deal with the consequences later when our own weapons are used against our troops.

Aug 7 2024

Hunger Protests in Nigeria


Posted originally on Aug 7, 2024 By Martin Armstrong 

The world has erupted in conflict as a direct result of the economy turning down. We are seeing it across the globe, from Bangladesh, Ghana, Uganda, Kenya, and Nigeria to name a few. There is peace when everyone is fat and happy but that is no longer the case in the majority of the world amid the cost of living crisis. Some places have been hit far worse than others. The Nigerian naira lost 230% of its value in the past year and is utterly worthless. Inflation reached 34.19% in June 2024, the highest level since March 1996. Food inflation alone is up 40.87%. The cost of living crisis has caused the people to take to the streets to engage in what the media has deemed “the hunger protests.”

The World Bank valued Nigeria’s GDP at $362.81 billion in 2023 and expects it to surpass $386.4 billion by 2025. GDP advanced 2.98% YoY during Q1, primarily driven by the services sector, which contributed over 58% to the aggregate. Nigeria is an oil-rich nation and Africa’s largest oil producer.

Yet, overt corruption prevents the people from benefiting. Corruption has long been a problem in Nigeria. Most recently, Parliament attempted to impeach Siminalayi Fubara last October after serving only five months in office in favor of his predecessor, Nyesom Wike. Fast forward to the entire Parliament building burning down, followed by the resignation of 27 lawmakers who defected from the Peoples Democratic Party to the All Progressives Congress. Fubara’s proposed 2024 budget led to nine cabinet members and five elected officials resigning. Government then split in half – one supporting Fubara and the other supporting Wike. Nigeria’s President Bola Tinubu overstepped by dropping all cases pending against Fubara. And basically, they have accomplished nothing but continued spending and were already knee-deep in the mess past governments have created. About 90% of the nation’s revenue goes toward repaying its debts. They have no real economic plan it place. Then leave it to government to cripple its own ability to earn. Last May, Tinubu implemented a slew of regulations and economic reforms that included ending energy subsidies and devaluing the naira.

Oh, and Tinbu approved of raising the salaries of government under his economic plan. He also found the funds to purchase a presidential yacht and luxury vehicle. He set aside public funds to renovate his own residence. All of this as the currency continued to decline while inflation rose. The people had been urging the government to remove the fuel regulations and do something, anything, to help.

The people are hungry. Their currency is worthless and they cannot afford food or energy. “Hunger … brought me out. I don’t have money to buy fuel … there’s total bad government. It’s 10 days (of rage). We’ll remain on the streets till our demands are met,” one man told CNN in regards to the 10 Days of Rage protests.

Police and protestors have met fatal ends amid these protests and hundreds have been arrested. Human rights organizations are asking the Nigerian government not to fire live rounds at protestors. The situation is an absolute mess. The president rushed to address measures by removing some taxes on food imports and raising the minimum wage but it is far too little, too late. He must step aside and allow a new government to reform Nigeria’s economic situation. The people have nothing left to lose. This is what happens when corrupt governments push the people to a breaking point.

Aug 7 2024

Kamala on Inflation – Ignoring the Elephant in the Room


Posted originally on Aug 7, 2024 By Martin Armstrong 

Kamala has a plan to conquer inflation – increase government spending and raise taxes! She has been avoiding the topic in recent speeches, but her past comments can give us some insight.

Before the government passed the Inflation Reduction Act, the largest government spending package in our nation’s history, Harris praised the Build Back Better agenda for working to lower costs for the average American. The Inflation Reduction Act was originally the Build Back Better Act and the Democrats were seeking $2.2 trillion in funding. “And, Build Back Better is not going to cost anything — we’re paying for it. So when we can get Build Back Better passed, and we are optimistic that we will, the American people will see costs actually reduced around some of the most essential services that they need to take care of their basic responsibilities, including issues like child care and elder care, and also preschool,” Harris said.

Kamila Harris

Harris clearly does not understand how these social programs are funded. “We” are paying for the act, as in we the people. The Inflation Reduction Act not only added to the national deficit but contributed to overall inflation. US Treasury Secretary Janet Yellen admitted the proposal was a trojan horse to push through the climate change agenda, and Harris has selected a climate zealot as her VP pick.

Harris sponsored the Green New Deal when in the Senate. She originally supported a ban on fracking before backtracking. As attorney general for California, Harris sued major oil companies for climate change disinformation. She has pledged her allegiance to the Paris climate agreement that aims to reduce emissions by 2035. Again, this all ties into the Build Back Better agenda put forth under the Great Reset. Spending endlessly on saving the planet is merely a rouse for needless government spending and reducing our freedoms by citing something that cannot be questioned in today’s political climate.

Elephant in the Room 2

Harris has already sought for a corporate tax rate of 35%, higher than Biden’s 28% and far beyond any other developed nation. She does not seem to grasp international business or trade. She has focused on price gouging, insisting the corporations are somehow immune from inflation and passing those costs along to the consumer.

The migrant crisis has certainly put America in dire conditions. We simply cannot afford millions of new residents who live on taxpayer subsidies. I suppose it is pointless mentioning Kamala’s run as the border tzar as she completely ignored our nation being invaded.

War is the primary driver of inflation, and no establishment install would be complete unless they supported foreign wars that in no way involved America. Zelensky and Harris have met half a dozen times, and she will continue to provide him blank checks. Harris would like to involve the US in Israel’s war as well, providing vague statements to the public since half of her voter base is pro-Hamas. She skipped out on Bibi’s speech in the US Congress for a sorority event.

Inflation and the entire cost of living crisis is the number one issue that American voters want resolved. Kamala Harris has no plan to combat inflation. She would like to back climate change initiatives and fund foreign wars, which all but guarantees inflation would rise under a Kamala presidency, followed by our taxes rising as those with no basic concept of economics believe the people should pay for government’s fiscal irresponsibility.

Aug 7 2024

Emergency Rate Cuts Never Work


Posted Aug 7, 2024 By Martin Armstrong 

Fed Emergency Rate Cut March 4 2020

COMMENT: Marty, it is always obvious why you were named Economist of the Decade, Hedge Fund Manager of the Year, and FX Analyst of the Year for the Swiss Peg break. As you said on the private blog;

“Let’s see but it appears that we could have a bear trap forming with a plunge into Monday but then a bounce. Monday would be a 3-day reaction plunge. There remains the risk of a bounce and then a more serious pattern forming in September.”

Your skills are renowned, but your motive is to help society. People need to know that governments and central bankers go to you because you do not charge them and have no conflicts of interest. You could keep Socrates, trade only for yourself, and make a fortune. But you care. While others claim the Fed should pull an emergency 0.25% base cut, only you point out that theory never works.

Many are concerned that you have no one to pass Socrates on, and you have toyed with the idea of going public for its survival. There are those among us who share your view and would help.

Please comment on that for society.

Paul

Emergency Rate Cut 3 4 2020

REPLY: Look, 99% of the analysis you hear on TV is nonsense. These are people who repeat the same stupid theories that everyone else does, and not a single one ever takes the time to investigate whether their statements are true or false. Be it FOX or CNN; they only allow analysts who speak the same fake analysis. They would never dare to put me on TV because I would contradict what they say and all their guests.

This is typical of what the Daily Mail just published: “Economist issues dire warning about the US economy.”

He places the blame on the Fed for keeping its main interest rate at a two-decade high since 2022 in its zeal to stifle inflation.

Those hikes are now hitting the economy hard, he said, suggesting the Fed should have lowered rates earlier.

‘I really do worry that we may lose US economic exceptionalism because of a policy mistake,’ he told Bloomberg TV, as worldwide markets continued to plummet.

Here is the last Emergency Rate Cut, which was on March 4th, 2020, in the middle of that plunge. Three days later, the market made new lows and continued to fall. NOBODY ever seems to review past actions and simply ask, did that work?

YES, I can walk into any central bank. They all know (1) I refuse ever to accept any money from any government because there will ALWAYS be strings attached. (2) I am NOT allowed to invest in any shares, for I cannot have a CONFLICT OF INTEREST when I must comply with the laws of every country because we are GLOBAL – not domestic. Normally, when the government falsely charges you, they will charge you with something else like insider trading or tax fraud. I could not have any such personal account, and instead of saying I ran a clean shop, they said, “You are one smart MF” because they could not find anything despite advising on numerous takeovers. Even after the HSBC takeover of Republic National Bank, the former head of HSBC came to my London office to ask my opinion on buying that bank.

It is impossible to deal with all the different laws internationally. In some jurisdictions, if you asked me about IBM and I had just one share, I would be required by law to reveal everything I own to the client. You cannot be an international adviser with anything that can be seen as a CONFLICT OF INTEREST.

Morgan Christendom

They came to me in 1985 when they were creating G5 and the Euro. I was the first Western Analyst to be called into the Bank of China. I have had a front-row seat to the world. I have made more than I could spend. Money does not define a person; it defines character. Contracts are WORTHLESS, for if the person on the other is not trustworthy, the contract means nothing. I grew up when your word was your bond. Before recorded phone lines, you had to honor your word, or nobody would deal with you.

It is always difficult to choose a successor. I must also consider their character. I would never take in someone from the NY bankers or Bill Gates. Money is not the issue. I like the character of Elon Musk, but this is a very difficult proposition. I have traded billions and advised on trillions. Then you finish for the day and go out to dinner, and it costs you $300. Billions are just phone numbers, as we used to say. That kind of money is only suitable for bribing others to do what you want – i.e.Gates and Soros. It cannot be spent on living expenses. It is monopoly money. It’s not “real” at that point. Accomplishment makes a man – not money.

Aug 6 2024

Civil Unrest Rising in the UK over Migrant Crisis


Posted originally on Aug 6, 2024 By Martin Armstrong 

UKGirlsStabbingCrimeMigrant

Massive riots have erupted across the UK following the tragic fatal stabbings of three young girls in Southport. The girls were attending a Taylor Swift-themed dance class when a cowardly 17-year-old male, born to Rwandan parents, attacked the innocent children. The law protects the murderer over the three innocent young girls, and this preventable attack may have been the final straw for the people of the UK. Tensions between citizens and migrants were already at a boiling point. Now, the UK government is calling protests against migrants “far-right thuggery” and looking to silence dissent.

Prime Minister Keir Starmer, a World Economic Forum favorite, believes the UK should revert to “COVID-style” restrictions to prevent rioting. “Back in Covid, they were prepared to back measures that were needed in that situation and I think they would take a similar approach to keeping rioters off the streets now given the scale of damage that has been done to communities,” Starmer said while adding that the government must take “whatever measures they feel is necessary to get this situation under control.”

The people are livid and the government is willing to do anything necessary to quiet them, other than addressing the real problem. Starmer’s government has sent dogs after protestors. He has allowed authorities to punish them in ways that they never punished those protesting against Israel or other far-left causes. Every headline calls the protestors “far-right extremists” and “anti-immigration Islamaphobes.” The international press would like the would to believe that the outrage is unjustified.

What about migrant reform and preventing illegals or those with no loyalty to the nation in which they reside from continually committing crimes? Why were these three little girls unsafe in the classroom? The people want answers but Starmer won’t provide them. These riots are rampant and passion-fueled. It is estimated that rioters have already caused between £200m and £500m in damages. Over 400 people have been arrested at the time of this writing.

It is unfortunate when the masses resort to violence to be heard, but the people of the UK have finally snapped after years of begging their elected officials to close the borders. Around 672,000 illegals entered the UK in 2023 alone, with 84,000 claiming asylum. The foreign-born population reached 14.5% by 2021, and has doubled since the beginning of the decade. The open border policy never faltered when Britain left the EU.

Nigel Farage is one of the only politicians in the UK to question what is happening in his country. “I just wonder whether the truth is being withheld from us. I don’t know the answer to that, but I think it is a fair and legitimate question,” Farage stated when the riots first began. He has condemned the riots but has at least acknowledged why the people are enraged. “The majority of our population can see the fracturing of our communities as a result of mass, uncontrolled immigration, whether legal or illegal,” Farage said. “Yet to attempt to debate this in the public arena leads to immediate howls of condemnation. A population explosion without integration was always going to end badly. I have said this for many years. We must have a more honest debate about these vital issues and give people the confidence that there are political solutions that are relevant to them. A recall of Parliament would be an appropriate start to this.”

England is hardly a Christian nation as the migrant crisis has permanently changed the landscape. In the United Kingdom, for example, Islam is the second-largest religion. In fact, Muhammad was the most popular name for baby boys born in the UK in 2023. The 2021 England and Wales Census marked the first time that less than half of the population (46.2%; 27.5 million people) identified as Christian. Christianity has fallen by 13.1% since the last census in 2011. The number of people abandoning religion entirely has continued to rise as well, with 37.2% (22.2 million people) declaring they do not believe in a God in 2021 compared to 25.2% (14.1 million people) ten years prior.

Pew Research Center believes that Muslim women will have more children than Christian women by 2035, and Islam could become the most followed religion in the world. There is nothing inherently wrong with the religion of course, but it is understandable that people want to maintain their own nation’s traditions, religion, and morals.

Home Office minister Lord Hanson has warned “far-right” rioters that they will be met with the full force of the law. Yet, no politician bothers to ask WHY the people are rioting. The headlines stating that these protests are a result of islamophobia are simply wrong. People no longer feel safe walking in major cities among the Build Back Better nations. Violent crimes, especially violent crimes against girls and women, are through the roof, and none of the politicians are protecting these innocent people. The Davos crowd now rules the UK, and they have every intention of keeping the borders open.

Aug 6 2024

Americans Prepared for Lasting Inflation


Posted originally on Aug 6, 2024 By Martin Armstrong 

InflationPredictedMagazine

Americans are preparing for a prolonged inflationary period, based on new data from the New York Fed. The New York Federal Reserve’s Survey of Consumer Expectations found that Americans are still pessimistic about inflation waning, with no one now believing it is transitory. The median expectation is that inflation will remain at the 3% level in 2025.

The public does not anticipate inflation tapering off in a meaningful way in the years to come. The Federal Reserve is still honing in on that 2% target but the people have lost confidence in its ability to do so. Most Americans see inflation sitting at 2.9% in three years from now, up from the 2.4% estimate in January 2024. Even in five year’s time, the average consumer believes inflation will be above target at 2.6%.

The central bank believes they can meet that 2% target. Policymakers believe inflation will fall to 2.1% by 2025 before finally reaching 2% in 2026. Amid the sell off this week, Chicago Fed President Goolsbee came out and said that the central bank will simply “fix it” if the economy continues to deteriorate.

“The Fed’s job is very straightforward, maximize employment, stabilize prices and maintain financial stability. That’s what we’re going to do,” Goolsbee told CNBC. “We’re forward-looking about it. So if the conditions collectively start coming in like that on the through line, there’s deterioration on any of those parts, we’re going to fix it.”

Unfortunately, there is not much that the central bank can do to offset government’s suicidal fiscal policy. Remember, inflation was only 1.4% when Joe Biden took office – far beneath the Fed’s target. Inflation has risen as a direct result of fiscal policies under Bidenomics.

FederalReserve 1

The Fed was unable to prevent policies that ended America’s energy independence. They were unable to stop the supply chain issues exacerbated by the pandemic. They cannot alter the weak jobs reports that are propped up by multiplying the public sector, which only detracts from overall GDP. The Federal Reserve cannot maintain diplomatic relations with America’s trade partners or prevent the likes of Japan and China from selling off US government debt. The millions of immigrants now subsidized by the taxpayers cannot be curtailed by Jerome Powell or the FOMC. Worst of all, war is the most powerful driver of inflation. The Federal Reserve can do absolutely nothing to prevent America from steering NATO into three potential battles. Our Treasury Secretary says we can afford numerous wars. The $35 trillion in government debt rises every day and those in the central bank simply KNOW that the government has no intention on paying it off – how could they?

Americans are rightfully pessimistic about the future of the economy. All the talking heads insist that the economy is thriving under Bidenomics, but we the people are living in a different reality. This is what happens when people lose trust in the government entirely.

Aug 6 2024

Congressman Jamie Raskin Seriously and Strategically Promises to Incite “A Civil War” by Blocking Trump from Office if President Trump Wins in November


Posted originally on the CTH on August 5, 2024 | Sundance 

Putting some context data together before a video that should concern everyone.

Representative Jamie Raskin’s (U-MD) son, Tommy Raskin killed himself right after the 2020 election at the age of 25.  Congressman Raskin was diagnosed with cancer in 2022, diffuse large B-cell lymphoma.

Raskin is an angry bitter man of intemperate disposition, the archetype nihilist.  As hate consumes him, his physical persona changes with the manifestation of evil enterprise.  While his cancer is in reported remission, I would anticipate it to resurface in early 2025, after Baal has finished using him.

All of that said, Raskin is pledging to purposefully trigger a civil war within the United States if Donald Trump wins the 2024 presidential election.  {Direct Rumble Link Here} Raskin is prepared to work with Democrats and block any certification of any vote that has President Trump declared the winner.

Rep Jamie Raskin says Congress will stop Donald Trump on Jan 6th, 2025 using the 14th Amendment

The basic auspices of this nonsensical 14th Amendment, Section 3, argument is that congress can block any person from office who was a federal officer and previously swore an oath to the constitution, then engaged in rebellion and insurrection.  It’s the same lawfare argument used by Colorado, Maine and Illinois in an attempt to keep President Trump off the ballot.

The supreme court ruled that states cannot trigger Section 3 of the 14th Amendment:

“No person shall be a Senator or Representative in Congress, or elector of President and Vice-President, or hold any office, civil or military, under the United States, or under any State, who, having previously taken an oath, as a member of Congress, or as an officer of the United States, or as a member of any State legislature, or as an executive or judicial officer of any State, to support the Constitution of the United States, shall have engaged in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof. But Congress may by a vote of two-thirds of each House, remove such disability.” ~ [Citation]

Raskin sat on the House Select Jan. 6 Committee, and also served as an impeachment manager during the second impeachment effort against President Trump over the Jan. 6 Capitol riot.  “The House of Representatives already impeached Donald Trump for participating in insurrection by inciting it,” Raskin previously said.

Watch this guy.  Raskin throws around “civil war” like it’s a willy-nilly disposable line without the major consequences he would trigger.

Aug 5 2024

Republicans for Harris Confirms World War III is the Agenda


Posted originally on Aug 4, 2024 By Martin Armstrong 

Unprecedented_Launch_of_Republicans_for_Harris_causes_commotion_and_62_more

The Neocon Republicans have no problem sending Americans to their death for their personal hatreds and vendettas. The fact that they are coming out and claiming to be Republicans for Harris confirms this election is really all about World War III. Former US Rep. Adam Kinzinger announced via X, writing: “There is nothing ‘conservative’ about Donald Trump. Conservatives believe in the Constitution, not a ‘man’s’ ego. Endorsing American democracy and the future today and leaving the past in the dust. I’m endorsing @KamalaHarris.”

NATO_Defeat Russia_in_3_Days Adam Kinzinger

It was Adam Kinzinger who was thrown out of the House by voters because he is a vile Neocon who belongs in prison under the hate crimes laws. This is the guy who claimed that we can destroy Russia and conquer that country in just 3 days. These are the people who our computer-warned years ago that the United States would be defeated and the financial capital of the world would migrate to China. God help us – these are really evil people.

Donald_Trump warns Netanyaho World War III if he loses

This election is all about World War III. This is not an election between two people. This is an election between the Neocons vs the American People. Harris is just another Biden who will do as commanded. Her performance at the Munich Security Conference confirmed that when she repeated what she was told to say – Ukraine should join NATO, violating every treaty since 1991. The sad part is that she was clueless about the significance of what she said. It should have been the Secretary of State at that conference. They sent Kamala so she would say things even Blinkin could not say.

Trump vs Neocons
1 30 98 Opinion_Bombing_Iraq_Isn_t_Enough_The_New_York_Times

Bill Kristol, whose father started the Neocon movement from inside the Democrats, turned his magazine into an anti-Trump propaganda piece and lost all his support and now plays out scenarios of how to defeat Trump even if he wins. This is the guy who advocated invading Iraq within his book, which has proven to be utter nonsense.

Kristol the war over Iraq
Aug 5 2024

Yellen Under Fire for Encouraging Debanking Practices


Posted Aug 5, 2024 By Martin Armstrong 

Debanking

US Treasury Secretary and establishment puppet Janet Yellen has denied the advice of her own advisors to encourage debanking practices. Twenty Republican Attorney Generals have reached out to Yellen to remind her that she is not permitted to impede with state laws to weaponize her department against the Democrat’s political opponents.

Florida Attorney General Ashley Moody declared US Treasury has “forsaken its statutory role and instead chosen to intervene on behalf of activists seeking to hijack the financial system for their political ends.”

This has been happening across the world, and instances of debanking for political purposes have reached new heights in 2024. In April, 15 AGs attempted to reach out to Bank of America over a “troubling financial pattern” of debanking Christian organizations. “Bank of America has a track record of de-banking religious organizations,” the letter states, followed by examples of banks suddenly freezing funds of Christians and churches without warning. Why? National security, of course.

Banks were instructed by government to search transactions for keywords such as “Trump” and “MAGA” to look for “domestic terrorists.” They asked banks to look for people who had purchased certain books such as religious texts. Purchased a gun? You’re a potential terrorist and threat to the government.

“The Treasury Department has once again forsaken its statutory role and instead chosen to intervene on behalf of activists seeking to hijack the financial system for their political ends. It is even more disappointing that the Treasury Department would use “national security” as cover for large banks’ abuse of power to achieve those ends,” the most recent letter claims.

All of our freedoms are revoked under the premise of “national security.” This would be akin to permitting the government to rob your house to protect you from intruders. There are state laws in place to protect the people but the federal government believes they can deny these protections in the name of national security. Florida’s HB 989, for example, is intended to protect consumers from discrimination. That law aims to protect gun manufacturers, the fossil fuel sector, religious organizations, and others who do not adhere with the BUILD BACK BETTER agenda from being denied the right to operate in America’s financial system. “No consumer or business should be denied services based on political beliefs or religious views or because of some arbitrary social credit score derived from ideological agendas,” the AGs added in their latest letter.

Again, this is a worldwide phenomenon of governments weaponizing banking institutions. The UN-backed Net-Zero Banking Alliance aims to jeopardize anyone not adhering to the climate change agenda financially. Over 144 banks have signed on board. I reported last year that a bullion dealer I personally know suddenly had his credit lines revoked. Governments genuinely believe the people are underpaying taxes by at least 35%. They want to eliminate all financial hedges against government and financially cripple those who do not abide by the agenda.

Yet another reason why all governments must go digital. CBDCs will permit governments not only to track every sale and purchase, but it will give them the POWER to prevent purchases instantaneously.