Showing posts with label Martin Armstrong. Show all posts
Showing posts with label Martin Armstrong. Show all posts

Saturday, December 21, 2024

"Kids for Cash," 2009

Joe Biden granted Pennsylvania Judge Michael Conahan  clemency. The kids did not receive the same sympathy.  --Martin Armstrong

Joe Biden granted Pennsylvania Judge Michael Conahan clemency. The kids did not receive the same sympathy.

09:16  Former Luzerne County Judge, Mark Ciavarella, faces charges tonight.  Prosecutors say he ruined countless young lives, sending children to jails in return for cash.  
Two judges in Pennsylvania pleaded guilty today to taking huge payoffs to send teenagers to privately run detention centers.
Former judges Mark Ciavarella and Michael Conahan arrived at the federal courthouse . . .
Prosecutors accused them of sending juveniles to a privately run Detention Center 
The evidence against the former judges was compiled by the Federal Bureau of Investigation . . .
In a scandal known as "Kids for Cash," . . . 
A "Kids for Cash" scheme . . . 
Don't cheat judges are getting a payback from the private sector. 
$2.6 million dollars in kickbacks 
In return for sentencing kids to juvenile detention . . . .  Folks, that's not a bribe.  I call that a Justice bonus.    
Young offenders often with no prior record were brought before these judges for charges as minor as writing prank notes. 
I don't deserve this.  I mean I'm not a criminal.  
These people are wolves and sheep's clothing because the kids trust these people.  The people in this County trusted this guy.  

10:30. Luzerne County, Pennsylvania January 2009.

11:12. We'd interviewed Judge Ciavarella a number of times back in 2004 when we first started looking into what was happening in juvenile court.  We had actually gone to one of the schools while he was giving a presentation there because that was one of his big things.  He went to every school, every year, and told them, "If you commit an offense in school, I'm going to put you away," and that was his justification.  So that when they appeared before him, it didn't matter what the charge was, he'd ask them, "Were you there when I gave the speech?"

Yes.

"Did you hear what I said?"

Yes.

"What did I say?"

You said you would put me away.

"So what do you think is going to happen now?"

You're going to put me away.

"You're right.  Take him out of here."

11:50. I'm very shy but once someone does get to know me, they find out that I don't shut up. And I'm really loud and I'm extremely cynical and snarky and sarcastic and just like I've made it my goal to be the funny guy.  My girlfriends and I, we started talking about how funny it would be if we made like a fake Myspace page about my vice principal, and then it was decided that it had to be made and it was going to be hilarious. 

11:33. The police officer said he was charging her with abuse of the internet, terrorism, and stalking, one of which was a federal crime, and I'm like, "Oh my, God," like I'm kind of freaking out.  I told the officer that he was not speaking to my daughter without an attorney, and that's when he started yelling, telling me that parents like me trying to get our children off, and that's why they're bad kids.  And as soon as I said no lawyer, he backed off.  He said, if you're going to be cooperative, you'll get instructions in the mail.  And I was like, he's telling us be cooperative and everything will be fine."  When I came off the elevators, there were tables, and the woman slid a paper, a form but it was blank, and she said, "Do you have an attorney?" and I said, no, and she said, sign here. Okay, so I sign here.  We were briskly brought into the courtroom.  The judge leaned across the table and yelled "What makes you think you can do this kind of crap!"  And I have my hand on Hillary's shoulder, so I could feel her backing up, and I just whispered in her ear "It's okay, it's okay."

13:47.  Things went very quick in the courtroom.  About 60 seconds, and while I was being handcuffed I could hear my mother wailing right next to me.  And the woman who is cuffing me goes, "Look what you did to your mother," and I was just like I was completely confused. 

Monday, November 18, 2024

MARTIN ARMSTRONG: The federal courts are STATUTORY, not Constitutional. The president can shut down all the federal courts. Only court he cannot shut down is the Supreme Court


Table of Contents from Armstrong's recent book, Creating World War III.


As I laid out in this report, Creating World War III, martial law was declared once in the United States during the 20th century. Because the president never challenged and endorsed it, it was in place for several years. I have also reviewed the Supreme Court decisions on this subject, and shockingly, martial law is valid if you also close down the courts.

Most people do not know the legal system very well since they are not taught the details in school, other than law school, to a minimal extent. The federal courts are STATUTORY, not Constitutional. The president can shut down all the federal courts. The ONLY court created by the Constitution that the president cannot shut down is the Supreme Court. All other courts exist at the PLEASURE of the government. 

Okay, so I wished that Martin could parse out the differences in courts here.  I will try my best after searching the internet, noooooooooooooo!!!  

Okay, So I found this,

It’s essential to understand how constitutional vs statutory law underscores the significance of these principles. While statutory laws are created by legislative bodies, they can never contravene the established constitutional mandates.  This interaction reveals the balance of power and the role of the constitution in safeguarding individual rights. 

And there's this, 

Statutory law refers to the body of law created by legislative bodies through the enactment of statutes. Unlike constitutional law, which derives its authority from constitutions, statutory law is rooted in the laws passed by legislative entities, such as Congress at the federal level or state legislatures at the state level. Understanding this process is vital for distinguishing between the realms of constitutional vs statutory law

Okay, so statutory refers to laws generated by legislative bodies, but they can never "contravene the established constitutional mandates."  Statutory law is rooted in the laws passed by legislative entities, such as Congress at the federal level or state legislatures at the state level.  

from Legal Insight USA,


Wednesday, October 30, 2024

MARTIN ARMSTRONG: one of the most impressive traits Trump displayed to me was empathy. When I went to visit Mar-a-Lago in 2020, Trump said he was tired of calling mothers to tell them that their sons died fighting in the Middle East. It was the first time I heard a politician actually discuss the citizens on the battlefield who are sent off to die in these neocon war games.

WHY would Putin ever agree to any agreement with Ukraine when they NEVER comply with what they agree to. 
Another stipulation is that Ukraine may never join NATO. Russia has repeatedly stated that it is not battling Ukraine but the NATO alliance that has them cornered. NATO has become the aggressor in this conflict that has grown to such proportions that admitting Ukraine would instantly lead to World War III under Article V that demands all NATO members attack in unison.
--Martin Armstrong


Donald Trump has long stated that he would end the war in Ukraine if elected president. Confident in his ability to do so, the former president has stated he could end the conflict in 24 hours and has guaranteed to do so before he actually enters the White House. He finally revealed how he intends to accomplish such a feat.

It begins by revisiting the failed Minsk Agreement – the entire premise of the current war.  François Hollande and Angela Merkel representing France and Germany at the time brokered the agreement between Russia and Ukraine. The Organization for Security and Co-operation in Europe (OSCE) monitored negotiations and both sides agreed to an immediate ceasefire. Russia withdrew troops from Ukraine for one primary reason — the Donetsk and Luhansk regions were to be occupied territories that would have the autonomy to vote in their own elections.

These regions were never Ukrainian territory. It was occupied by Russians for centuries. The people there had a right to their own lives. The Ukrainians demanded they no longer speak Russian and they sought to deny them even their own religion and they were to report to Kyiv instead of Moscow. This was like Mexico reclaiming Texas and demanding English was to be outlawed only Spanish was to be spoken and all religions were to be outlawed except allegiance to the Archbishop of Mexico.

The ethnic Russians in the Donbas did not want to submit to a central government from Kyiv itself. The Obama Administration really opposed this sort of settlement on the grounds of old-world empire theory predicated on the territorial integrity of Ukraine. Such policies have led to the death of hundreds of millions of people over the centuries.


Europe brokered the Minsk Agreement as a ploy to buy time. Angela Merkel admitted a few years ago that they negotiated in bad faith with Putin simply to allow Ukraine time to fortify itself, thereby buying time to build its army. She also said that at the time, NATO was weak and could not provide support to Kyiv to the extent they do currently. The Minsk Agreements were signed to pretend to resolve the Donbas conflict.

WHY would Putin ever agree to any agreement with Ukraine when they NEVER comply with what they agree to. It is now abundantly clear that the Minsk agreements were NEVER intended to be carried out by the current Kyiv government. They were simply used to buy time to build up their forces for war against Russia.


Another stipulation is that Ukraine may never join NATO. Russia has repeatedly stated that it is not battling Ukraine but the NATO alliance that has them cornered. NATO has become the aggressor in this conflict that has grown to such proportions that admitting Ukraine would instantly lead to World War III under Article V that demands all NATO members attack in unison.

Trump’s former advisors have stated that America would have no role in enforcing any peace treaty agreements. This is not our war. “There are two things America will insist on. We will not have any men or women in the enforcement mechanism. We’re not paying for it. Europe is paying for it,” his former advisor added.

A strong leader like Donald Trump who does not align himself with the neocons could possibly persuade Putin, but who will persuade Zelensky? Zelensky’s Victory Plan includes the annihilation of Russia which is precisely what the neocons have been after. Who will convince the allies who have provided trillions in funding to Ukraine? Let’s also remember that the neocons are on both sides of the political spectrum and Trump would have trouble convincing his fellow Republicans to walk away from this war.

I’ve said it numerous times, but one of the most impressive traits Trump displayed to me was empathy. When I went to visit Mar-a-Lago in 2020, Trump said he was tired of calling mothers to tell them that their sons died fighting in the Middle East. It was the first time I heard a politician actually discuss the citizens on the battlefield who are sent off to die in these neocon war games. Trump said that there had been war in the Middle East for most of known modern history and America simply had no place there. Likewise, America has no place in Russia or Ukraine.

Socrates states that Trump could slow down the war cycle, but he cannot prevent the inevitable. It is true that Donald Trump could delay the onset of the growing global conflict BUT he cannot alter the cycle. Our computer shows that war could break out by 2027, and the financial implications will be fully felt by 2028.

Thursday, October 24, 2024

MARTIN ARMSTRONG: American taxpayers are now on the hook for three ongoing wars, over 21 million migrants, and countless spending packages.

Former President Bill Clinton approved the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (PRWORA) that prevented illegals from accessing Medicaid and other federally funded benefits. The loophole here is that they are able to access Medicaid for “emergency” situations and then are provided a minimum 90-day grace period, thanks to Biden and Harris.  --Martin Armstrong.

Kamala Harris and Joe Biden have declared that illegal migrants may have access to Medicaid in a move that will cost billions. Individual state rights are coming into play once again, but how do individual states manage a federally funded program? Estimates believe over 21 million people have entered the United States since 2022, but no one knows the true figure. The Foundation for Government Accountability has produced a new study that indicates a major catastrophe ahead for Medicaid as millions of people who have never paid into the fund are receiving access.

Arizona, Kentucky, Missouri, Texas, Wisconsin, Pennsylvania, and Michigan have reported a 500% increase in Medicaid usage since 2019 due to migrants. The states required to provide financial transparency revealed that the cost of Medicaid to taxpayers has increased by 550%. Hospitals allegedly check to see if a patient is a US citizen, but even if they are unable to provide proof, they are still legally required to treat them. Patients unable to provide proof of citizenship are given a 90-day grace period to show documents but states are now extending that period or simply asking for proof of citizenship.

Blue states like New York, Oregon, and California want to expand Medicaid coverage to illegal migrants regardless of citizenship status. In New York, anyone over 65 may enroll, so long as they reach the low to no income requirement. California and Oregon have already begun providing migrants with full Medicaid benefits. The Foundation for Government Accountability believes that taxpayers in California alone are now paying an additional $4 billion annually to cover these costs.

“Nationwide, taxpayers could soon be paying tens of billions of dollars on health care for people who have no right to our safety net—including those who have no right to be in the country,”   says Hayden Dublois, analytics director at the Foundation for Government Accountability. “All of health care will suffer, too,” Dublois says. “Medicaid pays much less than private insurance, so burdening hospitals with illegal aliens will lead to mounting red ink. Some hospitals have already closed, especially in states that expanded Medicaid under Obamacare, and covering illegal aliens will likely cause more to follow suit.”

The Congressional Budget Office (CBO) believes that US taxpayers have already footed a $16.2 BILLION bill to provide emergency Medicaid care to illegal immigrants since the beginning of the Biden-Harris Administration, marking a 124% increase since the Trump Administration. “With over $16.2 billion flowing from federal and state governments’ coffers to pay for emergency services for illegal aliens, it is clear that Open Border Czar Vice President Harris’s failed border policies remain the greatest threat to both the United States’s national security and our economic standing,” the CBO reported.

This was never a partisan issue.  Former President Bill Clinton approved the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (PRWORA) that prevented illegals from accessing Medicaid and other federally funded benefits. The loophole here is that they are able to access Medicaid for “emergency” situations and then are provided a minimum 90-day grace period, thanks to Biden and Harris.

Kamala Harris recently voiced her support for migrants over taxpaying citizens. “Health care is a basic human right,” Harris said. “No one should be denied medical attention because of their status.”

Countless people are continuing to flock to the United States as our borders remain open. Every payroll you can see the amount paid into Medicaid by people who may never have access to this service. American taxpayers are now on the hook for three ongoing wars, over 21 million migrants, and countless spending packages. Yet people are cheering that we can't turn back the page to 3.5 years ago when NONE of these issues existed.

Monday, September 23, 2024

MARTIN ARMSTRONG: if Trump gets in, the Neocons are out. Victorian Nuland was thrown out of Trump's Administration. She has been in every Administration but Trump's

Gold has got nothing to do with inflation.  Gold goes up basically when you're questioning the future, who is going to survive?  Gold goes up generally when there is a collapse in confidence in government, and that typically centers around war.  --Martin Armstrong
 
Thank you to Lew Rockwell @ LRC.

14:30, HUNTER.  So let's say they get war, what happens to the economy? What happens to the bond market?  

14:38, ARMSTRONG.  Basically, we're looking at a 2-year decline in the stock market, interest rates going up, and you're looking at major crises in debt.  China owns 10% of our debt.  They would be absolutely brain-dead to hold on to any of it.  Because what happens in war?  You default on your enemy.  That's it.  Whatever they have, sorry, we're not paying anything.  Go on.  This is what they do.  

15:15, HUNTER.  Is this why gold is hitting one record high after another?  I mean it briefly went over $2,600 an ounce, and Goldman analysts are saying, nah, it's going to $3,000.  They're going to get this war.  I mean they're not going to stop, are they?  Are they afraid of default?  That's why gold is going up?  

15:35, ARMSTRONG.  Look at gold back going into 1980.  It went from $176 to only $400 in December 1979.  It from $400 to $875 in the last 6 weeks of 1979.  Why?  It had nothing to do with inflation.  Why?  That's when Russia invaded Afghanistan.  Gold has got nothing to do with inflation, that's nonsense.  The national debt went up for 19 years, and gold went down for 19 years.  That's just a one-dimensional analysis, "Oh, buy gold, because it's inflation."  No, it's not.  Gold goes up basically when you're questioning the future, who is going to survive?  Gold goes up generally when there is a collapse in confidence in government, and that typically centers around war.  That's the way things have been for centuries.  

from GoldSeek,
"That was basically caused by OPEC raising the price of oil dramatically and that created a cost-push inflation. So everybody's costs were rising dramatically. Anything that had to do with plastic, went up dramatically and that created eventually the inflationary boom between 1976 going into 1980. As for gold rose to $875, etc...I think gold was about a $100 in 1976 and it rose to about $400 but that was by December 1979, the last six weeks of the rally, which peaked in 1980 on January 21st. So from December to January 21st, that's when Russia invaded Afghanistan. So it was the geopolitical stuff that took gold from $400 to $875. So it's important to understand inflation is not the major driving power but inflation when war is around – that's what broke Bretton Woods...it was the Vietnam War."
16:45. Are they going to try to kill Trump again are they going to go for the third time as a charm are they going to do it again I'm not trying to be morbid I don't want him dead I don't want him dead but these people are cuckoo demonic are they going to try to kill him again?

17:02  I wouldn't put it past them. I mean maybe next time they use monkeypox or bird flu or something but Trump represents a real threat to their power.  If Trump gets in, the Neocons are out.  Who wrote that article for the Washington Post, "A Trump Dictatorship Is Increasingly Inevitable," Oh Trump Would Be a Dictator?  We Should Stop Pretending"? It was Victoria Nuland's husband, Robert Kagan.  Why?  Because Victorian Nuland was thrown out of Trump's Administration she has been in every Administration but Trump's pick up the rug and look at this stuff from the beginning of this year I was told that Biden will never be the candidate he was to remain on there to prevent anybody else from getting on the ticket including RFK why because this has been a setup I was told that he would stay until after the Republican convention why so the Republicans are confused and they don't know who they're running against then he steps down and hands it to Kamala this is the first time in history the Democrats have never had a right to vote for their own candidate why do they want to know why why do they want Kamala Harris because she's another Biden she says whatever she's told and will sign whatever they put in front of her nose.  That's why they want her I don't think they thought that she would do as bad in the approval rating the real one not the fake one the people that come to you for the real numbers so they come to you for the real numbers because when I put this number out Martin Armstrong says that it's 10, 10.5%.  My other source who backs it up says it's 8 and 1/2%. I don't get a single troll that says, "Oh, that's wrong because they don't want that to show up in search."  Not even alt media will pick it up.  Zero Hedge did pick it up last time, but that's a real number.

19:32. They can make them say whatever they want.

19:40. I'm not a fan of hers either but Hillary would have been better 

19:50. She's not going to be president and then do everything that they say, no. They don't want a strong president.

19:55. I hate to tell you this, but Biden would have lost, but Biden would have done better than Kamala. 

20:04. Maybe.  I mean she never even got one delegate in the primary before against Biden. They are afraid, they know she can't win, that's why the push for the shooters.  I mean how clumsy is this, another assassination?  They're pushing for shooting missiles into Russia. They know she can't win.

20:17. The second attempt at assassination is even more but this guy is not from Florida the question is how did he he got down there and suddenly suddenly gave him a gun and untraceable gun

Tuesday, September 17, 2024

ARMSTRONG: This is a continuation of a coup, which is getting serious.

This is  NOT a Democrat vs Republican election. This is Neocons vs American People.  --Martin Armstrong

I have warned that there is WAY TOO MUCH ON THE TABLE here if Trump wins. That will terminate the agenda of the Neocons and their dream of conquering Russia, which has been their lifelong dream. I believe that they were psychologically damaged when we were told in the ’50s to hide under our desks because of a possible Russian nuclear attack. They appear to have been mentally impacted living in fear of Russia.

I did a report on the Rise of the Neocons and their rise to power. These people have seized control of our Foreign Policy and are driving the world into World War III. I know some of these people and have looked them straight in the eye. The Neocon movement was began by Irving Kristol whose son Bill Kristol even spoke at one of our conferences.


I confess, originally, that I believed that the Neocons were about economics. I even helped Bill Kristol launch his magazine, taking the back cover for months. I was probably the first to advertise full-page advertisements in the Weekly Standard. They were economic-oriented advertisements – not geopolitical. Bill Kristol managed to convince Rupert Murdoch to fund the Weekly Standard. As The New Yorker wrote, 
“For twenty-three years, it was the most influential, and often the most interesting, publication of the American right, championing a less dreary and more adventurous conservatism, one that insisted that Washington was the center of human events.”

In 2009, Murdoch sold the Weekly Standard, 1995-2018, to Philip Anschutz, a Republican billionaire who made his fortune in oil and railroads. The match was not made in heaven. What killed Bill Kristol’s Weekly Standard as it collapsed after 23 years was his own Neocon philosophy that attacked Trump because he was against war and did not share Kristol’s grand redesign of the world order. Kristol turned his magazine outright against Trump in 2016 because Trump was anti-war and Hillary was a Neocon. Kristol used his magazine to try to stop Trump because he was anti-war. He killed his magazine over this issue.

These people switch parties to whoever will wage war. Dick Cheney endorsed Kamala. Then you have all the Neocons coming out to claim they are Republicans for Kamala

THE 2020 COUP.  WILL IT HAPPEN IN 2024?

We are in the midst of a continuation of the same coup I wrote about in how they really stole the 2020 election – using the January 6th event to impose EMERGENCY RULES to shut down any challenges. And if that did not work, Pelosi also imposed COVID RULES that no more than 53 people could be on the floor at one time when if a state’s vote was challenged it was to be debated before the FULL Congress.

I also reported that sources had said that a VIRUS WAS COMING two months before anyone heard of such an event. These things have all been well planned, and it has been over the desire to conquer Russia.

Hillary blamed Putin, and we had hundreds of millions spent on nothing. [Why] did they paint Trump as Putin’s puppet? Because they wanted to wage war against Russia, and Trump did not. So, they did not want anyone talking to Putin. They claimed no war was because Trump was Putin’s puppet.

I reported on the private blog that “My RELIABLE  sources in December [2019] began saying that “a virus is coming” and Gates began selling off stock in other companies.” If you look at the portfolios, you will see even the WEF began dumping shares before anyone heard of COVID.

The rumors circulating are that those in the Deep State have been leaking info about Trump, and we already know that they do not want Trump in office. This would-be assassin was from out of state. Yet, he somehow knew Trump’s schedule and found a gun in Florida conveniently to carry out the act. This is a continuation of a coup, which is getting serious. Routh’s connection to Ukraine is troubling for it shows he was pro-war and reportedly said that, “We need thousands of people here to fight alongside Ukrainians.”

I fear Socrates will be correct, and this 2024 election will be the last. This is NOT a Democrat vs Republican election. This is Neocons vs American People.

Sheriff Snyder said, “How does a guy from not here get all the way to Trump International, realize that the president, former president of the United States, is golfing and is able to get a rifle in that vicinity?” He’s asking the same question the rest of us are! Can the FBI/NSA/Homeland Security be trusted? Watch Green Zone if you have not.

Has Russia stationed its nuclear subs around Britain and the USA? Yes.

If the Russian Neocons remove Putin, then our Neocons will get their wish – World War III. The question is, will they survive? They could take out London and Washington in a matter of minutes.  --Martin Armstrong

Thank you to Martin Armstrong @ Armstrong Economics.

QUESTION: Has Russia stationed its nuclear subs around Britain and the USA?  DF

ANSWER: Yes. In response to handing long-range missiles to Ukraine, on September 12th, Russia deployed its Project 885 “Yasen” Class subs with Zircon Hypersonic Missiles. As I have said, I have met with members of Congress and they said the risk of war was with China – not Russia. I have explained that they are being pointed in the opposite direction so the Neocons have free reign.

I do not think that the press is telling the full story here and how the West is pushing Russia to war. Putin has been the ONLY adult in the room. He has been patient. I fear that our model on Russian Revolutions will turn in October. If the Russian Neocons remove Putin, then our Neocons will get their wish – World War III. The question is, will they survive? They could take out London and Washington in a matter of minutes.

Will our Politicians Ever Wake Up? Who does this war benefit? They Never Tell the Truth.


Monday, August 26, 2024

MARTIN ARMSTRONG: anyone who has any position that is independent should NOT TRAVEL TO EUROPE from here on out. It is NO LONGER SAFE to travel to Europe! Britain is trying to extradite people from other countries

In Europe, with France arresting the CEO of Telegram warns the world that anyone who has any position that is independent should NOT TRAVEL TO EUROPE  from here on out. It is NO LONGER SAFE to travel to Europe! Britain is trying to extradite people from other countries, including here in the United States for daring to tell the truth. This is how desperate things are becoming in Europe.

Thank you to Martin Armstrong @ Armstrong Economics.

Be mindful that we may see even gold make a high as we head into the first week of September. There appear to be disturbing signs in many markets as we head into the week of September 2nd. We have governments realizing that they are losing power, and as they do, they will get NASTY, to put it mildly. The American Neocons (The Rise of the Neocons) are in a desperate position. Now that RFK has joined with Trump because they are both anti-war, I fear that they are going to get desperate. The Democrats have already torched America by flooding the country with illegals to vote for them against Americans, and they denied the American people any right to even vote for a candidate of their choice. This will be the last election for the US and will most likely split in the year ahead before 2028. I fear that people will either still attempt to kill Trump, perhaps attributing it to bird flu or monkeypox. If they cannot pull that off, they will start World War III ASAP to try to trap Trump and RFK into war. They do not care about anything but their own power.

In Europe, with France arresting the CEO of Telegram warns the world that anyone who has any position that is independent should NOT TRAVEL TO EUROPE from here on out. It is NO LONGER SAFE to travel to Europe! Britain is trying to extradite people from other countries, including here in the United States for daring to tell the truth. This is how desperate things are becoming in Europe.

For our European clients, you should begin to move assets out of Europe, and that is for the EU and Britain. They will eventually turn to capital control to prevent capital from moving to retain power. This is just how all governments respond when they are in their death throes. We had a Double Directional Change in the British pound in 2024. This has picked the dramatic political shift in Britain, and this is a HARD LEFT turn that will terminate the once great foundation of Britain. 

Peter Hitchins is one of the top half-dozen journalists in the UK.

Friday, August 23, 2024

ARMSTRONG: BLS Admits Biden-Harris Did NOT Create New Jobs

Over 1.2 million American citizens lost their livelihoods last year while 1.3 million migrants found work. Replacement theory is not a conspiracy. In terms of sectors, the professional and business services saw the most significant downgrade with a loss of 358,000 jobs. Leisure and hospitality shed 150,000 positions, while trade, transportation, and utilities lost 104,000. Important to note: manufacturing declined by 115,000 positions. This is the primary sector that the Biden-Harris Administration has been honing in on. They promised to create 1 million new manufacturing jobs but businesses are fleeing overseas.  --Martin Armstrong
Thank you to Martin Armstrong's "BLS Admits Biden-Harris Did NOT Create New Jobs" @ Armstrong Economics.


Bureau of Labor and Statistics, BLS, has always been crafty with releasing data. The BLS consistently revises data from its monthly survey as it prefers to release stronger initial reports. Their most recent revision is the steepest alteration since 2009. In fact, the agency has admitted that there were 818,000 fewer jobs in March than they initially reported.

Over 1.2 million American citizens lost their livelihoods last year while 1.3 million migrants found work. Replacement theory is not a conspiracy. In terms of sectors, the professional and business services saw the most significant downgrade with a loss of 358,000 jobs. Leisure and hospitality shed 150,000 positions, while trade, transportation, and utilities lost 104,000. Important to note: manufacturing declined by 115,000 positions. This is the primary sector that the Biden-Harris Administration has been honing in on. They promised to create 1 million new manufacturing jobs but businesses are fleeing overseas.


The Democrats have praised Biden-Harris for boosting jobs and decreasing unemployment. It was all a convenient lie. The only sector that saw a rise was the public sector which produces nothing toward GDP. Furthermore, migrants are replacing the native-born workforce. It is happening across the West as companies prefer cheaper labor. America’s workforce NEVER recovered from the pandemic. How could the BLS miscalculate data to this degree? Did they need to install Kamala first before admitting her administration has done NOTHING to benefit Americans? The data they present us from CPI to jobs is grossly inaccurate and perhaps a tool of propaganda.

ARMSTRONG: In Las Vegas, you have a 1 in 28 chance of becoming a victim of crime. Violent crime in Vegas has reached 40.9%, which is far beyond the national rate of 22.7%

“We’re not bringing in the best and the brightest in many cases to the state of Illinois; we’re actually pushing them out of the state with horrible policies and we’re backfilling it with folks that want services,” State Sen. Andrew Chesney, R-Freeport reported, as 177,000 new incomers entered the state while 264,000 abandoned it during the same period of 2021 to 2022.

Thank you to Martin Armstrong's "The Cities with the Highest Unemployment Rate in America," @ Armstrong Economics.

@titusellissmith3

Kamala Harris?….Nah She’s Ross Geller With That PIVOT!!!

♬ original sound - Titus Ellis Smith
The Democratic National Convention occurring in Chicago is touting the importance of defeating Trump, climate change, gun control, and abortion. These are the ONLY talking points that the Democrats harp on while ignoring the REAL issues plaguing the nation. It was revealed earlier this week that the Biden-Harris Administration completely failed to create new jobs outside of the public sector. As the elite sit behind armored walls, the people of Chicago are suffering under blue policies. In fact, Chicago now ties with Las Vegas for the highest unemployment rate in the nation.

Both Las Vegas and Chicago have an unemployment rate of 6.2%, according to the Bureau of Labor and Statistics. Detroit comes in third with a rate of 5.2%, far above the national unemployment rate or 4.3% posted in July.

Chicago has fewer workers and more unemployed residents than before Mayor Brandon Johnson took office in May 2023,” the Illinois Policy Institute (IPI) noted in a report. “Johnson ran on the idea, and has continuously proclaimed, that his administration is ‘making Chicago the most pro-worker city in the country.’ There’s just one problem with that – today, nearly 100,000 Chicagoans are out of work.”

Businesses and individuals have fled Chicago and Las Vegas in droves. Crime in Chicago rose an astounding 82% in two yearsIn Las Vegas, you have a 1 in 28 chance of becoming a victim of crime. Violent crime in Vegas has reached 40.9%, which is far beyond the national rate of 22.7%. Businesses cannot stay open in these conditions where theft and violence is permitted. Chicago considered implementing city-run grocery stores after businesses fleeing led to a food desert.

Both cities are deemed sanctuary cities. They cannot handle their own population but have opened the floodgates to countless individuals who are solely living on government assistance. Their budgets have imploded and those in charge lost control of the situation long ago.

Over 87,000 left Illinois last year, as did the $10 billion they were providing the state in income. The IRS believes the state has lost $47.5 billion in adjusted gross income over the last six years due to the blue state exodus. This trend has only accelerated due to recent policies. “We’re not bringing in the best and the brightest in many cases to the state of Illinois; we’re actually pushing them out of the state with horrible policies and we’re backfilling it with folks that want services,” State Sen. Andrew Chesney, R-Freeport reported, as 177,000 new incomers entered the state while 264,000 abandoned it during the same period of 2021 to 2022.

Businesses will flee when crime rises to the point where it is no longer profitable to operate. Crime reached such an unprecedented level that these companies were willing to take a loss simply to leave. Naturally, they took jobs with them and those with the means to move have done so already. These once-great cities are now ravaged by poverty and crime.

Corporations have already fled to move to states that are business-friendly. Who would want to live in such a place other than those receiving government aid who are already part of the problem? It is an insult to the people of Chicago for the DNC to cheer on their only talking points (guns, climate change, Trump, and abortion) while ignoring the American citizens struggling around them.