The Advisory Committee on Racial Equity


Armstrong Economics Blog/Politics Re-Posted Oct 6, 2022 by Martin Armstrong

ALL AMERICANS ARE HURTING FINANCIALLY. But the Treasury Department plans to prioritize people based on the color of their skin. Secretary of the Treasury Janet Yellen announced the first “Treasury Advisory Committee on Racial Equity.”

From the Treasury’s website:

“[T]he Committee will identify, monitor, and review aspects of the domestic economy that have directly and indirectly resulted in unfavorable conditions for communities of color. The Committee plans to address topics including but not limited to: financial inclusion, access to capital, housing stability, federal supplier diversity, and economic development.”

The 25 inaugural members are completely unqualified as many have no experience in finance. Former mayor of Philadelphia Michael Nutter will act as chairman. He was unable to manage his home city, let alone work for the Treasury. Vice chair Felicia Wong said they will make “racial equity central to the Treasury Department’s mission.” Wong has strong ties to George Soros.

Wong is part of the liberal megadonor foundation, Democracy Alliance. Wong argues that every policy has “racialized effects” and believes capitalism strengthens the patriarchy and white supremacy. Wong, the CEO of the Roosevelt Institute, penned many articles noting her radicalized view of the world with no basis in economics or logic.

“True equity means equity of outcome, and not accepting the promise of ‘opportunity’ within a system that continues to systematically exclude,” Wong wrote. “It demands redistribution of resources—especially when wealth for some has been extracted from many—and a redistribution of decision-making power.”

This is an absolute disaster as we are putting socialists in charge of a department of our Treasury. The Roosevelt Institute wants to “reimagine” capitalism and views everything as a form of racial inequality. Naturally, the Democrats are appointing this useless agency as a desperate attempt for votes. Discrimination is now legal against the majority.

Musk Twitter Purchase Back on Table, Unfortunately with Plan for Everything App


Posted originally on the conservative tree house on October 4, 2022 | Sundance

The only thing I can do is research and write about it.  With an even stronger degree of certainty than originally expressed, and with all of the subsequent data points falling into alignment with the initial suspicions, the background of Jack’s Magic Coffee shop remains unchanged. {Go Deep}

Six weeks ago, the Twitter security ‘whistleblower’ came forward to congress.  The whistleblower is a former technology expert who came from within the research farm of DARPA, the Defense Advanced Research Projects Agency.  Peiter “Mudge” Zatko, is a well-known cybersecurity expert who left government work, entered the public world, and eventually became the head of Twitter security, reporting directly to the CEO. {Go Deep}

According to a recent SEC filing [LINK HERE], Elon Musk is now back to supporting the purchase of Twitter as the first step in creating the “everything app.”

{{{sarcastic voice}}} Gee, what could this be about?  I mean what could go wrong?….  We already know the infrastructure of Twitter’s operational database is tied into portals with the Dept of Homeland security {citation}, and now Musk wants to use that central infrastructure to create an all-inclusive “everything app”?

The bigger risk to the surveillance state is discovery that Twitter and the U.S. intelligence community are in a public-private partnership. The Dept of Homeland Security has access by design, not flaw.  How the stakeholder media are reporting on the issue shows the nature of the risk, (emphasis mine):

[…] The scathing disclosure, which totals around 200 pages, including supporting exhibits — was sent last month to a number of US government agencies and congressional committees, including the Securities and Exchange Commission, the Federal Trade Commission and the Department of Justice. The existence and details of the disclosure have not previously been reported. CNN obtained a copy of the disclosure from a senior Democratic aide on Capitol Hill. The SEC, DOJ and FTC declined to comment; the Senate Intelligence Committee, which received a copy of the report, is taking the disclosure seriously and is setting a meeting to discuss the allegations, according to Rachel Cohen, a committee spokesperson. (link)

How would it damage the U.S. government if previous claims about the Chinese government having access to all user data on TikTok, are shown to be exactly identical to the U.S. government having access to all user data on Twitter?

Let that question settle in for a few moments, because that is exactly what I have been alleging since, well, 2011, when the U.S. State Dept first collaborated with Twitter in a joint public-private partnership to use the platform as a communication tool exploiting the Arab Spring uprising in Egypt, Libya and beyond.

The issue of Jack’s Magic Coffee Shop is an issue of financial viability.  The business model of Twitter just doesn’t exist as a free social media discussion platform while running the ultra-expensive data processing system needed for millions of simultaneous users.  A global chat that requires exponential database responses as an outcome of simultaneous users is just ridiculously expensive. {Go Deep} However, if the computing system and massive database were being subsidized by the U.S. government, then the viability of the ‘free coffee‘ business model makes sense.

“Cloud computing is one of the core components of the strategy to help the IC discover, access and share critical information in an era of seemingly infinite data.” … “A test scenario described by GAO in its June 2013 bid protest opinion suggests the CIA sought to compare how the solutions presented by IBM and Amazon Web Services (AWS) could crunch massive data sets, commonly referred to as big data.” … “Solutions had to provide a “hosting environment for applications which process vast amounts of information in parallel on large clusters (thousands of nodes) of commodity hardware” using a platform called MapReduce. Through MapReduce, clusters were provisioned for computation and segmentation. Test runs assumed clusters were large enough to process 100 terabytes of raw input data. AWS’ solution received superior marks from CIA procurement officials”… (MORE)

♦ Legal Stuff – The issue of American citizen privacy and U.S. constitutional limits against the government listening in on communication is functionally obsolescent.  The Foreign Intelligence Surveillance Act (FISA) prohibits communication intercepts on U.S. citizens without a valid search warrant.  However, if a U.S. citizen is engaged in a conversation with a foreign person, all privacy restrictions are essentially gone. [Insert example of Michael Flynn taking to Russian Ambassador Sergey Kislyak here]

Your phone calls can be intercepted by the government from the foreign side of the call.  The govt can freely monitor the calls that involve foreign actors.  The only rule is that your privacy must be maintained. If the foreign actor is in communication with a U.S. citizen, the U.S. citizen must be “minimized” or not identified in any intercept.

However, what happens when the phone call is on a community line that is connected, and visible, to the entire world?   That’s the benefit of social media monitoring from a surveillance perspective. It is from that opaque and unresolved archaic legal perspective that surveillance authority of social media platforms, by the U.S. intelligence community, exists.   Now you see why the SSCI is taking an interest in the Twitter whistleblower, classic risk mitigation.

Hopefully, you can also see why the 200-page whistleblower document was leaked, by a Democrat staffer, to the Washington Post and CNN.

CNN defends the equity interests of the U.S. State Dept., and WaPo defend the Intelligence Community (CIA, DHS, etc).

Within the narrative as constructed you will note, “Zatko further alleges that Twitter’s leadership has misled its own board and government regulators about its security vulnerabilities, including some that could allegedly open the door to foreign spying or manipulation, hacking and disinformation campaigns.”

If the relationship between Twitter and the U.S. intelligence community is a public-private partnership, why would Twitter want to shut down the portals given to the Dept of Homeland Security?

Answer, they wouldn’t… Ergo the response from Twitter to the whistleblower complaint is (emphasis mine), “What we’ve seen so far is a false narrative about Twitter and our privacy and data security practices that is riddled with inconsistencies and inaccuracies and lacks important context.

Put another way, the “lacks important context” is the nature of the security risk, which is structural to the relationship between the intelligence community and the platform.  See how that works?

The integration between Twitter and the United States Intelligence Community has been hiding in plain sight:

July 26, 2021, (Reuters) – A counterterrorism organization formed by some of the biggest U.S. tech companies including Facebook (FB.O) and Microsoft (MSFT.O) is significantly expanding the types of extremist content shared between firms in a key database, aiming to crack down on material from white supremacists and far-right militias, the group told Reuters.

Until now, the Global Internet Forum to Counter Terrorism’s (GIFCT) database has focused on videos and images from terrorist groups on a United Nations list and so has largely consisted of content from Islamist extremist organizations such as Islamic State, al Qaeda and the Taliban.

Over the next few months, the group will add attacker manifestos – often shared by sympathizers after white supremacist violence – and other publications and links flagged by U.N. initiative Tech Against Terrorism. It will use lists from intelligence-sharing group Five Eyes, adding URLs and PDFs from more groups, including the Proud Boys, the Three Percenters and neo-Nazis.

The firms, which include Twitter (TWTR.N) and Alphabet Inc’s (GOOGL.O) YouTube, share “hashes,” unique numerical representations of original pieces of content that have been removed from their services. Other platforms use these to identify the same content on their own sites in order to review or remove it. (more)

A shared hashing protocol is a form of data system integration.  The databases of the identified social media platforms are integrated with the U.S. intelligence system.

…. And now Musk wants to integrate an “everything app”?

Follow the bouncing ball and you enter the world of the comprehensive surveillance state.   But if you don’t do anything wrong, you’ve got nothing to fear right?  Insert example of non-vaccinated repercussions, Canadian truckers and Dutch farmers here.  Then add a digital identity, digital currency, energy resource apportionment and social equity.  Where do you end up?

All I can do is research and write about it.

Even the influential members of the ‘Rebel Alliance‘ used to think I was crazy….  Not any longer.

.

.

….Me Right Now

BREAKING: KANYE WEST IS WHITE & JOE BIDEN IS PUERTO RICAN! | Louder with Crowder


Steven Crowder Published originally on Rumble on October 4, 2022

Kanye says white lives matter, Joe Biden is Puerto Rican, and you’re a homophobe if you don’t want to see a gay sex comedy. We’ll make sense of all of it! We also check in to see how crime is going in NYC only to discover the “Green Goblin Gang.” #whitelivesmatter #kanye #bros

Citizens for Sanity


Armstrong Economics Blog/Politics Re-Posted Oct 3, 2022 by Martin Armstrong

Have you seen any of these billboards or magazine ads? Citizens for Sanity is trolling American Progressives by promoting their woke ideologies to show just how asinine the thinking has become.

The mission statement:

Citizens for Sanity’s mission is to return common sense to America, to highlight the importance of logic and reason, and to defeat “wokeism” and anti-critical thinking ideologies that have permeated every sector of our country and threaten the very freedoms that are foundational to the American Dream.

These advertisements are clearly parodies, but they show what the far-left would like to normalize. They even call out individual politicians:

In Atlanta, GA: “Thank you, Senator Warnock, for voting to keep violent criminals out of jail. Gang members need to earn a living too.”

“Thank you, Senator Warnock, for voting to keep violent predators out of jail. Unmasked toddlers are the real criminals.”

In Las Vegas, NV: “Thank you, Catherine Cortez Masto, for voting to keep our border open. Drug cartels need all the help they can get.”

In Phoenix, AZ: “Thank you, Mark Kelly, for voting to keep our borders open. The drugs aren’t going to smuggle themselves.”

In Epping, NH: “Thank you, Senator Hassan, for voting to keep our border open. Drug cartels need all the help they can get.”

In Philadelphia: “Thank you, John Fetterman, for fighting to keep violent criminals out of jail. Gang members need to earn a living too.”

In Miami, FL: Thank you, Val Demings, for fighting to keep violent criminals out of jail.”

The organization goes on to attack the IRS: “If you do not like being audited then you’re the problem.”

“Too much freedom is a bad thing. Get your IRS audit today.”

These advertisements are a good laugh, but in truth, they are a direct reflection of how woke culture is destroying America. There is no logic or reason behind the woke agenda, and yet, politicians are pandering to support it in an effort to seem “progressive.” America must restore its sanity.

Apple VP Fired for a Joke


Blog/Politically Correct

Posted Oct 1, 2022 by Martin Armstrong

Apple’s VP of procurement, Tony Blevins, was fired for the video above. If anyone is familiar with Daniel Mac, his specialty is going up to people in expensive vehicles to inquire what they do for a living. He has a large following as people are always interested to see how others afford luxurious lifestyles.

Blevins’ quote is from an older movie called “Arthur.” It was a joke. He lost his job as a result of this video. Some may find it crude or in poor taste. The woman in his car was clearly laughing. This is just another example of woke culture going too far, as everyone must be politically correct at all times, on or off the clock.

Presentism


Armstrong Economics Blog/Humor Re-Posted Sep 25, 2022 by Martin Armstrong

Boomerang Kids


Armstrong Economics Blog/USA Current Events Re-Posted Sep 8, 2022 by Martin Armstrong

Boomerang kids is a term for those who moved out of their parents’ home only to return. The number of young adults who were forced to move back home reached historic highs in 2020 when the pandemic began. In fact, three in ten Gen Zers (18-25) moved back home with their parents during the pandemic as school campuses closed down. Around 18% of younger millennials (26-34) and 17% of older millennials (35-41) also moved back in with mom and dad. However, a recent report shows that two-thirds of young adults in the US who moved back home during the pandemic have yet to leave the nest.

Housing and rental costs are at historic highs and continue to rise. Inflation is soaring, rates are rising, and the youth is struggling. The demographic that should be starting families is financially priced out of doing so. Around 31% of boomerang kids said their top focus is saving for a down payment on a home, and nearly 30% of those who did move out managed to purchase a home. Around 39% of those who moved back home said they were focused on paying off debt.

About 73% of those who did move out after the pandemic were only able to rent. Unsurprisingly, states with the highest cost of living host the largest number of boomerang kids. Around 21.6% of adult children live at home in Hawaii, followed by New Jersey and Florida, which host 20.7% and 20.1%, respectively.

Young adults can no longer afford the American dream. Nearly three years after the pandemic, most young adults who moved back home have been unable to leave. Housing costs are usually the biggest expense of any household, and the youth simply cannot afford to buy in this market. This is why the birth rate is steadily declining, and the future workforce will be limited.

Episode 1056: Holiday!


Revenge of the Cis Published originally on Rumble on September 1, 2022

– Gov. Greg Abbott sends busload of migrants from Texas to Chicago
– Reed Coverdale joins us

Teacher’s Union Calls to Fire White Teachers


Armstrong Economics Blog/Education Re-Posted Aug 19, 2022 by Martin Armstrong

Sometimes going woke is just blatant racism against the majority. The Minneapolis Federation of Teachers (MFT) union proposed a deal with “educators of color protections.” Basically, in the event of reducing staff, white teachers must be the first to leave.

“Starting with the Spring 2023 Budget Tie-Out Cycle, if excessing a teacher who is a member of a population underrepresented among licensed teachers in the site, the District shall excess the next least senior teacher, who is not a member of an underrepresented population,” the agreement reads. Seniority is usually considered during teacher layoffs, but now they are blatantly discriminating against Caucasian teachers. This clearly violated the Constitutional protection for equal rights.

The same bleeding heart white liberals who agreed to this contract may think twice once they lose their jobs. Teacher’s unions are historically liberal. The two largest teacher’s unions in America are the National Education Association (NEA) and the American Federation of Teachers (AFT), with over 3 and 1.5 million members, respectively. These agencies are not only openly liberal, but they lobby for liberal candidates.

According to Open Secrets, the National Education Association spent $12,596,440 on political contributions and $2,610,000 on lobbying efforts in 2020. Around 98.22% of their funding for Congressional candidates went to the Democrats. The union supported 198 Democratic House members and only three Republicans. They even put money behind 27 Democratic Senators and just one Republican. These teachers’ unions are notoriously left and are far from impartial when teaching impressionable children.