Posted originally on May 19, 2025 by Martin Armstrong
Senator Ted Cruz of Texas believes that the federal government should provide each child $1,000 at birth to be invested in the stock market. “Every child in America will have private investment accounts that will compound over their lives, enhancing the prosperity and economic participation of the vast majority of Americans,” Cruz said. Around 3.6 million children were born in the US last year, meaning that the federal government would need to set aside $3.6 billion a year to fund this program.
Cruz’s program would permit family and friends to add $5,000 annually to these private investment accounts, with the hope that the compounding interest will give these kids a head start in life. “What I’m interested in is giving these kids the ability to climb the economic ladder much, much faster to accumulate wealth,” Cruz told CNBC. “I think there’s a real power to making them investors and stakeholders in the economy.”
This is not a completely new concept. Senator Cory Booker of New Jersey proposed providing newborns with funds for investing that would be worth up to $2,000, but rather than investing in the private sector, they would hold treasuries or “baby bonds.” Hillary Clinton also proposed a “baby bond” worth up to $5,000 during her first presidential campaign, costing the public $18 billion annually.
Future generations pay for social programs and the surmounting national debt. Cruz, Clinton, and Booker fail to realize that these programs require funding which comes from these future taxpayers. In a December 2024 interview, Federal Reserve Chairman Jerome Powell stated, “We’re borrowing from future generations. And every generation really should pay for the things that it needs.” Massive spending packages are detrimental in the long run and cause more harm than good.
There’s a strong chance that many parents would simply pocket the funds or not know how to properly invest it in the market. Around 62% of Americans currently hold equities, but the majority own through retirement accounts. Only 21% of American families directly own stocks. The public education system should begin teaching future generations about investment and personal finance, as one in four Americans are financially illiterate.
Suppose lawmakers actually want to improve the lives of future generations. In that case, they need to stop adopting policies that saddle the American public with debt that they then forcibly collect through increased taxation.
Posted originally on May 19, 2025 by Martin Armstrong
Nordic nations have been leading the cashless society revolution. Masked as a manner of efficiency, digital transactions are not demanded by governments globally as they seek to rake in all money off the grid for taxation purposes.
Sweden is nearly a cashless society, with less than 2% of transactions occurring in physical currency as of 2020. Some estimates believe cash transactions have risen to 10% as of 2025, but it is becoming less commonplace. Swish transfer, launched in 2012, is a mobile payment system that enables users to transfer money in real-time. Accounts are linked to bank accounts, and transactions are authorized by Mobile BankID. As of February 2025, Swish had over 9 million users with 8.9 million private accounts and 318,000 business accounts. Only 10.5 million people currently live in Sweden.
The governor of Risbank declared in 2017 that “half of Swedish traders believe they will stop accepting cash by 2025” and Swish would be used for “Transaction that used to be mostly cash based.” In 2010, around 40% of transactions occurred in cash compared to 2-10% today.
Norway is also close to becoming cashless. Similar to Swish, Norway uses a program called Vipps that is owned by DNB Bank. Around 90% of Norwegian bank customers are using this program. Vipps began accepting crypto last year as well.
The National Bank of Denmark reported that cash was used in only 11% of transactions in 2024. Finland has seen a drastic drop in cash transactions, accounting for under 20% of payments.
Customers across Nordic nations report having a high level of trust in their banking institutions and government. Polls and reports vary, but the aforementioned nations typically have a higher level of confidence in their national government compared to other OECD nations. The 2024 OECD poll found 48% of Norwegians had high or moderately high trust in their national government, exceeding the OECD average of 39%. Yet, that figure has declined 16% since 2021. Around 77% of Finns reported having a high level of trust in their government, and 43% of Swedes felt similarly.
Using a credit card or mobile pay option has become the new normal everywhere. Cash transactions are becoming increasingly rare. Cash is still legal tender, and governments have not banished physical currencies—yet. It will be easier for governments to mandate CBDC as the majority of citizens have already gone digital.
It is astounding to see public figures expose their agendas on social media. Former FBI Director James Comey was publicly humiliated during Donald Trump’s first term when he was dismissed from the bureau for mishandling the investigation into Hillary Clinton’s email server. Comey launched a fraudulent investigation into Trump, becoming a main player in the “Russian collusion” hoax that sought to blame Russia for Hillary Clinton’s 2016 presidential defeat. Comey is once again making headlines for attacking Donald Trump, but this time, his message was a direct threat.
“Cool shell formation on my beach walk…,” Comey posted on Instagram, with an image featuring seashells forming “86 47.” The number 86 is commonly used as slang for “kill” or “to eliminate,” and Trump is of course the 47th president. The post received immediate backlash and was deleted with a follow-up post. “I posted earlier a picture of some shells I saw today on a beach walk, which I assumed were a political message,” the subsequent post from Comey said. “I didn’t realize some folks associate those numbers with violence. It never occurred to me but I oppose violence of any kind so I took the post down.”
Comey was the Director of the FBI—he knew what that ominous message meant and posted it online for a reason. Authorities are now concerned that his message was a subliminal call to action “to eliminate” the president.
Oddly enough, Comey’s post was exactly 8,647 days since the largest terrorist attack on US soil–9/11.
Donald Trump told reporters that he believed the social media post was a direct call for an assassination attempt. “He knew exactly what that meant. A child knows what that meant … That meant ‘assassination,’” Trump said in an interview with Bret Baier on Friday.
Tulsi Gabbard, serving as Director of National Intelligence, believes that Comey should be imprisoned because “there are individuals who take him very seriously.” Homeland Security Secretary Kristi Noem called the matter “deeply concerning” and is urging an investigation.
“We are in communication with the Secret Service and Director Curran,” Patel said. “Primary jurisdiction is with SS on these matters and we, the FBI, will provide all necessary support.” This is a serious matter, as there have already been numerous attempts on the president’s life. Comey has direct ties to the dark establishment.
The hashtag “#8647” is trending online. The far left is hoping this becomes a political movement as they continue to protest against Trump and his administration violently.
James Comey stated that he did not intend any violence with his Instagram post featuring the number “8647” and took it down after realizing some interpreted it as a threat against President Trump. He emphasized his opposition to violence and clarified that he was unaware of the potential implications of the message.
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