The Largest Landlord in the US


Armstrong Economics Blog/Real Estate Re-Posted May 10, 2023 by Martin Armstrong

Anyone familiar with the housing market conditions post-pandemic knows that cash buyers and institutions consistently outbid the average buyer. I know a realtor who has spoken primarily to consultants working on behalf of companies, and they’re willing to purchase properties over-market on a consistent basis. They know they can buy these properties and rent them out for a fraction of what they paid because they have the liquidity to do so. Currently, BlackRock is the largest landlord in America, with over $120 billion in residential real estate.

BlackRock has invested significantly in mortgage securities since the pandemic. The company insists that they are not purchasing single-family homes, meaning they’re not flipping homes to resell. “Our focus is on building single-family rental housing that can be managed and operated similar to multifamily properties with dedicated property management, leasing and amenities,” the company’s website states. “Additionally, BlackRock invests in multifamily properties, apartment complexes, and other residential real estate.”

The goal is to own as much land as possible so that the people can become perpetual renters. BlackRock also is part of the World Economic Forum and promises “sustainability” and “ESG integration,” and is a member of GRESB (formerly the Global Real Estate Sustainability Benchmark). GRESB is the global standard for providing and acquiring real estate and infrastructure in a sustainable way.

BlackRock noted that “displacement” from the pandemic and other economic downturns will provide a great investment opportunity. “In the near-term, we expect dislocation and opportunity, yet there is greater dispersion between markets and sectors with logistics of storage, high-quality residential, and data centers having emerged as clear winners, while hotel, retail, and student housing will likely face a longer road to recovery.” They’ve been on top of the downturn in real estate since the beginning. This is not limited to the US as they have investments and branches worldwide.

BlackRock is one of many institutions purchasing land and real estate at a rapid pace. Invitation Homes, a BlackRock investor, owns over 80,000 single-family rentals in the US alone. Again, the goal is to profit off of rental income. This is another reason inventory is at a historic low and will remain tight since most institutions do not plan to sell the real estate they have acquired.

US City to Roll Out Guaranteed Basic Income


Armstrong Economics Blog/USA Current Events Re-Posted May 10, 2023 by Martin Armstrong

The “Rise Up Cambridge: Cash Payments for Families with Kids” will provide low-income households with a monthly check for $500 to test guaranteed basic income. Those eligible are families with children who earn under 250% of the federal poverty level ($75K for a family of four). The 18-month program will not be based on a lottery like other guaranteed basic income rollouts, and anyone eligible may apply. The city has allotted $22 million for the initiative and expects around 2,000 families to apply.

The money to fund the program will primarily come from the American Rescue Plan, distributing our Federal tax dollars to others, and some independent donors will pitch in too. This program is only eligible for people with children under 21 and will not make a noticeable dent in the homeless population, nor will it help the elderly who live alone. That said, families with children already receive the most in Federal funds and if they’re living in high-cost Cambridge, chances are they’re receiving income elsewhere. The cost of living in Cambridge is 73% higher than the national average. The median rental price is around $4,277 per month, and the median home price is over $1.4 million.

“We want to stabilize as many households as possible and make sure that they have a chance to continue to stay in our city that, you know, is not easy to stay in,” Cambridge Mayor Sumbul Siddiqui stated. A $500 payment in a high-cost city will never financially stabilize families. Instead, it will increase inflation and bypasses the middle class. Unlike traditional welfare programs, those eligible will receive direct deposit payments that they may spend as they see fit.

The American Rescue plan was not marketed as a guaranteed basic income initiative. Siddiqui is buying votes with Federal funds. The city is pricing out the middle class by providing handouts to those who cannot afford to live in an expensive city. Free money becomes like a drug and the people become hooked on receiving that monthly direct deposit. But, as with all drug, they will become dependent and will need more and more as the cost of living increases. This will only incentivize people to not work and vote for politicians who promise handouts at the expense of responsible taxpayers.

5.6.23: CPAC Hungary MSG, Fall of the CROWN, EPSTEIN, TUCKER, Title 42 PRAY!


By And We Know Posted originally on Rumble Streamed on: May 6, 1:42 pm EDT

The Great Reset King


Armstrong Economics Blog/Tyranny Re-Posted May 5, 2023 by Martin Armstrong

“There is a golden opportunity to seize something good from this crisis…global crises know no borders, and highlight how interdependent we are as one people sharing one planet,” the former Prince of Wales said during a World Economic Forum summit in January 2021. Ironic for the king of England to speak on an opportunity to “seize something.” This man has no idea what it means to live the life of a commoner and has riches beyond imagination, but he is asking US to sacrifice for THEM.

Charles has been one of the highest-profile global proponents for protecting the planet in recent decades, from writing books and making speeches about nature to working with business to mobilise private finance to combat global warming,” the WEF wrote on its website in September 2022. Charles spoke about “entire new markets based on sustainability” at the WEF meeting in 2020, and asked private industries to begin thinking about how they will transition to net zero emissions. “Sustainable” to these people means using fewer fossil fuels. Incredible how a man whose monarchy exudes opulence and luxury would tell the people to consume less.

The video above is from the WEF’s Davos meeting in 2020. “We have the ability to tag, track, and trace the supply chain in unprecedented ways,” the king commented. That means they also have the ability to tag, track, and trace you. “We cannot expect consumers to make sustainable choices,” he continued.

In 2019, the UK agreed to reach net zero carbon emissions by 2050. The elites began encouraging the people to consume less by traveling less often, eating less, and consuming less. The U.K.’s Climate Change Committee demanded that people eat 20% less meat by 2030, and then drop that down by an additional 15% over the next 20 years. They even discussed the possibility of carbon pricing to tax the people for existing. The people would be forced to pay for the losses businesses incurred after developing green initiatives.

The WEF has bought nearly everyone in a position of power. Do you think King Charles really cares about green initiatives, the environment, or the people in general? He would not last a day in the life of a commoner. Do you think the coronation this weekend will be sustainable by any means? The Great Reset is all about relinquishing all power to those at the very 

Russia Did NOT Destroy Nord Stream


Armstrong Economics Blog/War Re-Posted May 4, 2023 by Martin Armstrong

Intelligence agencies backed by the mainstream media are still trying to blame Russia for the destruction of the Nord Stream pipelines. A new BBC report claims that Russian ships and submarines were present when the blasts occurred. These “ghost ships” allegedly had their transmitters turned off, but they were not clever enough to encode their radio communications. The report admits that there is no conclusive evidence to pin the destruction on Moscow, but they’re seeking to create evidence.

Russia had no motive to destroy the pipeline that provided energy to the majority of Europe. The pipeline was Russia’s biggest tool of leverage, and they had the power to turn off the gas flow without destroying the entire thing. There is no possibility that Russia would have destroyed its biggest bargaining chip. There is a possibility, however, that Europe would have caved and continued purchasing Russian energy. Neocons like National Security Adviser Jake Sullivan, Victoria Nuland, the Undersecretary of State for Policy, and Secretary of State Tony Blinken openly stated that they did not approve of the pipelines and wanted them gone.

“If Russia invades, that means tanks and troops crossing the border of Ukraine again, then there will be, there will be no longer a Nord Stream 2,” Biden stated in February 2022 during a joint press conference with German Chancellor Olaf Scholz. “I promise you, we will be able to do it.”

It comes as no coincidence that politicians began thanking America after the explosions. Radek Sikorski, Poland’s former minister of national defense and EU Parliament member, posted an image on Twitter of the leak with the caption, “Thank you, USA.”

 Seymour Hersch won a Pulitzer Prize for his reporting on the My Lai massacre in Vietnam and reported on the Nord Stream sabotage in detail.

“Last June, the Navy divers, operating under the cover of a widely publicized mid-summer NATO exercise known as BALTOPS 22, planted the remotely triggered explosives that, three months later, destroyed three of the four Nord Stream pipelines, according to a source with direct knowledge of the operational planning.

Two of the pipelines, which were known collectively as Nord Stream 1, had been providing Germany and much of Western Europe with cheap Russian natural gas for more than a decade. A second pair of pipelines, called Nord Stream 2, had been built but were not yet operational. Now, with Russian troops massing on the Ukrainian border and the bloodiest war in Europe since 1945 looming, President Joseph Biden saw the pipelines as a vehicle for Vladimir Putin to weaponize natural gas for his political and territorial ambitions.”

Furthermore, this tactic has been used in the past! In January 1982, Ronald Regan and the CIA planned to destroy the Soviet Union’s economy by using the technology available at the time to create a massive explosion. The US wanted to block Europe from importing Soviet Western gas amid the Cold War and was willing to take extreme measures. Thomas C. Reed, a former Air Force secretary who served in the National Security Council, wrote a book entitled “At the Abyss: An Insider’s History of the Cold War.”

“In order to disrupt the Soviet gas supply, its hard currency earnings from the West, and the internal Russian economy, the pipeline software that was to run the pumps, turbines, and valves was programmed to go haywire, after a decent interval, to reset pump speeds and valve settings to produce pressures far beyond those acceptable to pipeline joints and welds,” Reed writes. According to the Washington Post, Reed later commented that it was the “most monumental non-nuclear explosion and fire ever seen from space.”

The destruction of Nord Stream was an unauthorized act of war by the US, with the help of its Western alliance. Intelligence agencies are still attempting to pin the blame on Russia as a false flag, but their claims are invalid.

Zelensky Tells just Too Many Lies To Keep Them All Straight


Armstrong Economics Blog/Ukraine Re-Posted May 4, 2023 by Martin Armstrong

The BBC reported Zelensky’s comment regarding the drone attack on the Kremlin: “We don’t attack Putin or Moscow. We fight on on our territory. We are defending our villages and cities,” he said, speaking on a visit to Finland.

Zelensky is such a liar this man should not be greeted by any head of state. The Leaked Pentagon Papers suggest Washington was secretly monitoring Kyiv’s military plans, amid fears an assault could trigger a major escalation. The Neocons told him to stand down because they want to provoke Putin to attack to justify the US getting involved in the war.

The US military has already been told to prepare for war. The US is sending troops and has been negotiating what is known as DCA “defense cooperation agreements” treaty which allows the US troops freely operate in foreign countries. The US is now preparing to send troops to Finland.

I think if Russia sent troops to Canada or Mexico to aid in their “protection” we would not be very happy.

This is going around now from KyivPost on the Kremlin Attack.

As Ukraine Sends U.S. Supported Drones to Target Moscow, A Reminder of President Trump’s Warning About Biden Creating World War III


Posted originally on the CTH on May 3, 2023 | Sundance 

By now most Americans realize the United States government is conducting a proxy war against Russia in Ukraine.  The foundation for the U.S. effort started in 2014 with the buildup of weapons provided by the Obama-Biden administration, and the Russian response to the NATO encroachment in February 2022 was quickly framed as the Russian war against Ukraine.

As part of this effort, and after threatening to destroy Russian natural gas pipelines, the United States then followed through and destroyed a main artery in the Nordstream pipeline system.  The Biden administration then denied involvement and tried to blame Russia; as if Vladimir Putin would destroy his own infrastructure.  Keeping with this continuum of escalating conflict, NATO has sent depleted uranium weapons into Ukraine.  Then, last night, a drone attack on the Kremlin was carried out.

Ukraine is denying any involvement in the drone strike against Moscow, which would imply the United States -likely the CIA- carried out a direct attack against Russia without informing Ukrainian President Volodymyr Zelenskyy.   Regardless of which partner is lying, Ukraine or the U.S, one of them carried out the attack.

This is a good time to remind everyone of President Trump’s words and policy toward this escalating conflict:

“Every day this proxy battle in Ukraine continues, we risk global war,” President Trump said. “We must be absolutely clear that our objective is to IMMEDIATELY have a total cessation of hostilities. All shooting has to stop. This is the central issue. We need PEACE without delay.”

We need peace without delay

[Transcript] – We have never been closer to World War III than we are today under Joe Biden. A global conflict between nuclear-armed powers would mean death and destruction on a scale unmatched in human history. It would be nuclear Armageddon. NOTHING is more important than avoiding that nightmare. We will avoid it. But we need new leadership.

Every day this proxy battle in Ukraine continues, we risk global war. We must be absolutely clear that our objective is to IMMEDIATELY have a total cessation of hostilities. All shooting has to stop. This is the central issue. We need PEACE without delay.

In addition, there must also be a complete commitment to dismantling the entire globalist neo-con establishment that is perpetually dragging us into endless wars, pretending to fight for freedom and democracy abroad, while they turn us into a third-world country and a third-world dictatorship right here at home.

The State Department, the defense bureaucracy, the intelligence services, and all the rest need to be completely overhauled and reconstituted to fire the Deep Staters and put America First. We have to put America First.

Finally, we have to finish the process we began under my Administration of fundamentally reevaluating NATO’s purpose and NATO’s mission. Our foreign policy establishment keeps trying to pull the world into conflict with a nuclear-armed Russia based on the lie that Russia represents our greatest threat. But the greatest threat to Western Civilization today is not Russia. It’s probably, more than anything else, ourselves and some of the horrible, U.S.A. hating people that represent us.

It’s the abolition of our national borders. It’s the failure to police our own cities. It’s the destruction of the rule of law from within. It’s the collapse of the nuclear family and fertility rates, like nobody can believe is happening. It’s the Marxists who would have us become a Godless nation worshipping at the altar of race, and gender, and environment. And it’s the globalist class that has made us totally dependent on China and other foreign countries that basically hate us.

These globalists want to squander all of America’s strength, blood and treasure, chasing monsters and phantoms overseas—while keeping us distracted from the havoc they’re creating right here at home. These forces are doing more damage to America than Russia and China could ever have dreamed. Evicting the sick and corrupt establishment is the monumental task for the next president. And I’m the only one who can do it.

I’m the only one that can get the job done. I know exactly what has to be done. (read more)

Bank Failures – A Push for CBDC?


Armstrong Economics Blog/Corruption Re-Posted May 2, 2023 by Martin Armstrong

Monday saw the largest banking failure in the US since 2008 after First Republic went under, marking the third death of a US bank this year. Regulators took possession of the bank this Monday and JPMorgan Chase will acquire the majority of the bank’s assets and remaining deposits worth around $92 billion. First Republic Bank’s stock fell nearly 50% after reporting a significant drop in deposits in the first quarter of 2023. First Republic’s stock value tanked 97% on Friday due to fears of a bank run or failure, and the executives were silent on the health of the bank because they knew they were doomed. JPMorgan Chase coming to save the day is not a good sign.

All of these small and mid-sized banks are struggling with liquidity. The larger banks are gaining more power and influence. JPMorgan Chase’s CEO is nothing like the man who founded his company and actually saved the US from a banking disaster. CEO Jamie Dimon is a World Economic Forum member who fully supports the Great Reset. He wants the US to invoke eminent domain in order for the government to seize your private property.

These are his words, not mine. Dimon noted in his letter to shareholders that “governments, businesses and non-governmental organizations” may need to invoke “eminent domain” in order to get “adequate investments fast enough for grid, solar, wind and pipeline initiatives.” He is adhering to Agenda 2030 and believes that our freedoms need to be removed under the excuse of climate change. “The need to provide energy affordably and reliably for today, as well as make the necessary investments to decarbonize for tomorrow, underscores the inextricable links between economic growth, energy security and climate change. We need to do more, and we need to do so immediately,” Dimon added in his letter.

I will not be surprised if Jay Powell mentions CBDC this Wednesday just to get the public accustomed to the idea. All of these issues can be used as an excuse to implement CBDC as the “safe” alternative to traditional banking. It would be easier to implement if there were only a handful of banks working with the government. The US has never canceled its currency but every empire, nation, and city-state falls in the same manner. The plans for the Great Reset are out in the open and the WEF has infiltrated nearly every government cabinet in the world and bought out the bankers. The day will come when the government gives us a deadline to turn in our paper currency to be converted into CBDC, providing them with complete financial domination over the people.

The Rule of Law – BEWARE Crypto-Lovers


Armstrong Economics Blog/Cryptocurrency Re-Posted May 2, 2023 by Martin Armstrong

COMMENT: Mr. Armstrong; I think it might be helpful to explain to people that the government can subpoena any third party with regard to cryptocurrencies and they will turn over whatever they have that will incriminate a person. As a lawyer, I have to defend a client who thought Bitcoin was exempt from central banks and totally safe. He even seemed to think if there was a nuclear war that Bitcoin would still exist in South America. Some people are just so gullible it is sad and now he faces several years in prison for tax evasion. Perhaps it would help to explain how a third party will turn over whatever they have on you and that includes Google etc.

Many people listen to you because you are not a conspiracy junkie.

All the best

WH

ANSWER: You have a good point. DO NOT even allow Microsoft One Drive to have anything. The government will subpoena any third party and they will give up everything. I do not understand why people are such diehard Bitcoin lovers. ANYTHING that will be on the power grid the government will control if you believe it or not.

Bitcoin is a TRADING vehicle no different from cattle. It is NOT a store of wealth, as it fluctuates like everything else. This is a quarterly chart of Bitcoin. It rises and falls no different than any other instrument. It is not a “store” of value maintaining some constant value to park your money.

ALL cryptocurrency is on the target list for the Biden Administration. We are entering the final stages of the Decline & Fall of Western Civilization. You can see as we progress, they will become more and more aggressive because they can feel their power slipping away. ONLY tangible assets make the transition to the new value on the other side of 2032. NOTHING digital will make that transition.

Both the United States and Europe will split. That means the rules will be different everywhere, and there will be places without power. No power = no value for any digital currency. Let’s get realistic here.