Why BigTech are State Actors & Violate our Civil Rights

 

Posted May 27, 2021 by Martin Armstrong

As many know, I lived in London years ago. At the upper end of Hyde Park by Marble Arch, there is Speakers’ Corner. That is where anyone could stand up and talk about anything that they wanted. You were free to listen or just walk away. There would often be a crowd, and that was not an indication that they agreed. It simply meant that the topic was curious or worth listening to.

Speakers’ Corner even shows up on Google Maps, showing that this is indeed a landmark. What is important about this is that Twitter, Facebook, and YouTube, especially those who claim to be public forums, also claim they have the right to censor what you say or even think. Section 230 only gave them immunity from suit because someone posted something another did not like. In that context, it was a reasonable grant of immunity. It would be like suing the city of London because someone at Speakers’ Corner said something that offended you.

You cannot be a public forum by deleting people and canceling anyone you do not like. Speakers’ Corner in London is what these forums were supposed to be. If someone is a Nazi and hates Jews, so be it. They have a right to say that just as the rest of us have the right to shake our heads and walk away as in Hyde Park. It used to be an easy world. If someone was talking to themselves walking down the street, we just looked at them as being strange. We didn’t run to the police screaming we were offended by what the crazy person said. Today, people are walking down the street and talking perhaps to themselves, but then again, maybe they have an earpiece for a phone. Life has become much more complicated. Now it seems the crazy people are in charge of the forums in BigTech and they are saying we no longer have the right to free speech.

Facebook whistleblowers have leaked documents detailing the effort to censor vax concerns on a global scale secretly. None of this is legal for Twitter, Facebook, and YouTube all have connections to the left side of government and that means that they are acting in violation of the Constitution under the pretense of being private when in fact they are acting as agents of the state. This needs to go to trial and the jury will decide if these people are state actors. If so, then they are violating every principle of the Constitution.

The removal of Lt. Col. Matthew Lohmeier from the U.S. Space Force this month after he publicly stated his opposition to Marxism and Critical Race Theory is part of a very dangerous new wave of censorship that is transforming the United States into East Germany under the Communists. Speakers’ Corner was the very core of a free society which once stood in contrast to Communism and authoritarian forms of government. This is precisely what these people are resurrecting — the worst of human history.

Rule of Law – Florida v New York

 

https://www.littler.com/publication-press/publication/fdic-again-loosens-restrictions-hiring-bank-personnel-criminal

Posted May 27, 2021 by Martin Armstrong

QUESTION: With Wall Street banks migrating to Florida, will the courts there protect them as they do in New York. Will legal action in Florida be forced back to New York? Will you be able to track how those banks will influence the Florida courts to give an advantage to the Wall Street banks that set up there?
KC

ANSWER: We will have to see. But I would say that their lawyers will argue to have any case moved to New York on the claim that remains the headquarters. You will stand a far better chance of keeping the case in Florida if you can show that the venue is here because of some specific actions that can be attributed to Florida. In my own case, NOTHING took place in New York. The bank’s futures division was in Philadelphia. They argued that there was an exchange in New York, so that was good enough.

New York violated not just US law, but international. They appointed a receiver to run a foreign corporation from the USA. The precedent would be akin to claiming General Motors violated some law in Germany, so they appoint a receiver to run General Motors from Stuttgart. That is the most absurd violation of international law, but New York judges do not care about the law. All they are there for is to protect the bankers. NEVER has any New York banker gone to prison. The banks pay a fine, which lines the courts’ pockets just like a bribe, and everyone is happy. They had to redefine the bar of being a bank with a criminal conviction; otherwise, they would all lose their licenses in New York City — the most corrupt armpit of the world.

WEF pretending that it is 50-years-old when the actual first forum was in 1987

 Schwab Forced to Cancel WEF in Singapore for August

Posted May 24, 2021 by Martin Armstrong

Schwab was forced to cancel his Singapore annual meeting in August. He has wiped out the European economy and he thought he could shift to Asia. That too is not going so well. Besides pretending that his World Economic Forum is 50-years-old when the actual first forum was in 1987, counting simple seminars before then. Such methodology in distorting his accomplishments will only come back to haunt him. I held seminars starting in 1981, which would make this year the 40th year of the World Economic Conference (WEC) when in fact the first WEC was actually 1985. That means that 2021 would be the 36th year since this began. Schwab calling this his 50th year is going back to when he started in 1971 — not when the WEF began. Counting when you began your career is not an honest representation of the facts

NYC in Crash Mode?

 

Posted May 21, 2021 by Martin Armstrong

New York City is dying thanks to COVID. It has really killed Broadway. When I would often go to a play, the vast majority were tourists from overseas. I would often listen to the different languages being spoken around me. New York City is clearly dying as a mass exodus has taken place of not just the rich, but even Wall Street is moving quietly to Florida. The rise in taxation that is reducing the quality of life will only continue to send more people south, and the hallow remains will gradually decline into 2042. Even permits for guns have soared in New York as the police are unable to restore order. The East Village was the hardest hit with so many businesses just gone. NYC is rapidly becoming extinct. Politicians only see the world from their perspective. They fail completely to comprehend how the economy truly functions. Thus, NYC is on the edge.

This COVID plan-demic has so altered the social structure it is dividing the population into vaccinated v unvaccinated. Even among those who were vaccinated, they are not what you would call Biden supporters. Some have taken the vaccination just to be able to visit family in Europe. Others thought that it would mitigate COVID and prevent hospitalization. Yet, the destruction of jobs and suspending education for many cannot learn remotely. There is also a massive shift with millennials returning home to the nest.

The Democrats are hard at work and desperately trying to open the flood gates to grant citizenship to those from the Mexican border, giving them access to a welfare state, while keeping the border closed to Canadians, fearing they would vote Republican. Then they are also promising citizenship to what they call the “dreamers,” again trying to expand their voting base.

While many try to blame China for COVID and presume they did this deliberately while they are not locked down, any rational thinking person would quickly realize that such theories are attributing clairvoyance to the Chinese leaders. Never in 6,000 years of history has any nation ever carried out such a response. Even during Woodstock, the Hong Kong Flu had the same death rate as COVID, and nobody shut the entire world economy down.

It is very interesting how the 309.6-year cycle marked when NYC was on the brink of bankruptcy in 1975, which was spot on from when NYC was born in 1665. It is stunning how New York has followed the ECM model rather closely, which does not bode well for what is coming in 2022. The 2007-2009 Financial Crisis marked its epic cent in New York City. The collapse of Lehman Brothers and Bear Sterns accelerated an economic meltdown that became the Great Recession. Before it was over, the nation’s unemployment rate had reached 10%, but the loss of jobs in the financial sector of NYC approached 20%. Nearly 9 million payroll jobs had been lost, housing prices had plummeted, and the stock market had crashed.

Since New York City was the epicenter of the 2008 financial crisis, the federal government’s immediate response was too focused on propping up New York-based financial institutions. They feared that if they failed, then the government would no longer be able to sell its debt into the marketplace. The national economic downturn was officially dated from December 2007 to mid-2009 when Real Gross Domestic Product began to increase again, but non-farm payroll employment didn’t bottom out until the first quarter of 2010.

Thanks to COVID lockdowns, this financial crisis is politically made and has created a cycle inversion. Unlike the Great Financial Crisis of 2007-2009, this time, the source of the crisis is government, and the response is the opposite of what we saw during the 2007-2009 crisis. Where Lehman Brothers marked the collapse in the private sector from reckless financial products, this time it is government’s incompetence. The result has been over 100,000 wealthy people migrating from NYC to Florida. Worse still, Wall Street itself is quietly leaving, relocating their most profitable positions and trading to Florida. The crisis facing NYC will escalate, and the financial crossing of the Rubicon will arrive in 2022.

Greater Idaho - US would break up

 

Posted May 20, 2021 by Martin Armstrong

COMMENT: I thought you were nuts when you said the US would break up. I apologize. Today we voted here in Oregon to leave the state and join Idaho. Great forecast.

WJ

REPLY: This is always the outcome. But more importantly, this is also just the beginning. The election of Biden was really disastrous. With a slim 50.4% of the vote, he is trying to force the Leftist agenda down the throats of everyone else. This is not a way to run a country. He has no mandate and anyone with common sense would realize this is a very dangerous path he has taken. It amounts to a dictatorship. There should be a 2/3rd majority requirement to change tax codes or anything major. The United States will divide and politics will be the driving force.

The Solution to Climate Change is Here

 

Posted May 19, 2021 by Martin Armstrong

The solution to climate change is here:

1. We have to stop raising beef and switch to insects, as directed by the UN
2. We have to reduce the population by 62%

Do this, and we solve all our problems — at least for the survivors. Since they can order vaccines and are completely immune if they result in genocide, they can achieve their goal rather quickly.

IMF Cryptocurrency is Coming to Dominate the World

 

Posted May 19, 2021 by Martin Armstrong

The general talk has been that the end of the fiat monetary system is imminent. Central bank digital currencies allegedly threaten the US dollar, according to some very shallow reasoning and a total lack of understanding about why the dollar is even the reserve currency. Beyond that delusion, these people are claiming that cryptocurrency will end fiat currency. But even private cryptocurrency is not backed by anything either.

Then there is serious talk behind the curtain in addition to the United Nations trying to become the one-world government that will be a dictatorship with no democratic process whatsoever. There is some argument that the central banks’ digital currencies will not displace the dollar and that title will go to the digital “IMF Coin” that will become the new reserve currency.

The dollar is the reserve currency, just as was the Roman silver denarius because it was not just the financial capital of the world. Still, they both represented the major economy, and everyone was trying to sell to the core. Rome conquered most of the Western World at that time, and most found it beneficial to be part of Rome. They often received capital investment into emerging markets, and they produced local goods to be sold to Rome. For example, Egypt was a major supplier of wheat to Rome.

Most transactions today are digital, so converting paper dollars to cryptocurrency will not dramatically alter the economy. The UN and IMF are simply trying to take over the world for a power play. They do not have armies, nor do they possess economies to qualify for the world’s financial capital. They are drunk with this delusion of power that by sheer decree, they can rule the world. From the very beginning, the elite saw in their vision that they would dominate the world and end democracy. Huxley was against the United States and believed that “unrestricted individualism” was equally wrong as a total dictatorship as in communism.

This is what Klaus Schwab is saying in his 8 points for 2030 — end the threat of “populism,” as was the case in electing Trump, by eliminating any right of the people to be heard. What Schwab, the UN, and IMF see is retaining some basic human rights but removing our right to even say what kind of government we want. In their world, only the elite know what is best — not the people.

This is the real agenda behind cryptocurrencies to lay the foundation for the ultimate power being handed to the UN and the IMF. This folly will not succeed. For such entities are like men and even corporations — they are never immortal. I will celebrate the day the flags of the UN are lowered forever. It has always been a very dangerous and lustful entity drooling for supreme power

Turning Out the Light When the Bankers Leave Town - major banks are abandoning both New York and London

 

Posted May 17, 2021 by Martin Armstrong

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I have written before how a friend of mine who is very senior at one of the investment banks in New York called to see if I would go to dinner. I thought he was here in Florida to catch a breath of fresh air and relax outside of what use to be called the Big Apple, but is now only called the Arm-Pit of the World thanks to COVID.

I can attest that the major banks, despite what they are saying, are abandoning both New York and London. In Europe, the long-standing hatred between France and England spans countless generations. France is seeking to punish the English by denying them access to EU markets. This has led bankers to start to shift their top talent to the EU because once the nut-case Boris Johnson decided to destroy Britain to Build Back Better, taking instructions from Gates and Schwab, there is now no going back. I have stated at conferences there were meetings I had in the EU where I was not allowed to bring a Brit because it was assumed they are just biased.

The Financial Capital of the World is moving. It will eventually end up in China post-2032. We have the worst possible politicians systematically destroying the West all for this Great Reset.

Spain Bans Combustion Engines by 2040 & All Old Cars by 2050

 

Posted May 14, 2021 by Martin Armstrong

The Spanish parliament has passed an energy transition law to achieve climate neutrality by 2050. “As of today, Spain has a climate law on the basis of which it can resolutely build a green, sustainable, just future with prosperity for all,” said Spain’s Prime Minister Pedro Sánchez on Thursday’s parliamentary vote on Twitter. A central point of the law is a ban on the sale of vehicles with climate-damaging internal combustion engines from 2040.

Worse still, all combustion engine cars will be banned from even driving after2050. By 2023 at the latest, all Spanish cities with more than 50,000 inhabitants must set up zones in which the traffic of particularly climate-damaging vehicles are restricted.

Spain’s greenhouse gas emissions are to be reduced by at least 23% by 2030 compared to 1990 levels. To this end, the share of renewable energies in the country’s total energy supply is to increase to 42% by 2030 and to at least 74% in electricity production. The climate law that has now been passed is intended to ensure that Spain does its part to make the European Union CO2-neutral by 2050. Madrid had already committed itself to the EU in January 2020 with the aim of a 23% greenhouse gas reduction by 2030.

Meanwhile, the entire EU has raised the requirement from a reduction in greenhouse gas emissions of 40% by 2030, to 55%. However, the agreement has yet to be put into effect. For environmentalists, Spain’s new climate law doesn’t go far enough as they are demanding. Greenpeace has criticized this new law as “insufficient” for the fulfillment of the Paris Climate Protection Agreement. The Spanish Environment Minister Teresa Ribera spoke on Twitter of an “indispensable law to build on”. At the same time, she admitted that Spain should have passed such a law “ten years ago”.

Swiss Diabolical Cancelation of their Currency. - next will be to eliminate all cryptocurrencies

 

Posted May 14, 2021 by Martin Armstrong

The cancelation of the Swiss currency is a serious issue for they are no longer legal tender already. Much of the 1,000 franc notes reside outside of Switzerland. They are replacing the notes with new ones which is in line with the problem with currency in Europe, to begin with. They are NOT eliminating all paper money as of yet. This practice in Europe prevents hoard of cash and compels people to come forward and explain where they got the money. The Swiss have been under pressure from the EU to cancel the 1,000 SF notes since 2013. The rumor is that this was prompted by Swiss’s largest insurance company, Swiss Life Holding AG and three of its subsidiaries just admitted to conspiring with US taxpayers to hide assets and income offshore. I do not think there is any real connection.

Previously, in 1952, the national bank ceased issuing 5-franc notes but introduced 10-franc notes in 1955. In 1996, 200-franc notes were introduced whilst the 500-franc note was discontinued. The likelihood of redemption is nil if you are in the United States. I personally use to keep a few hundred dollars worth of most currencies for traveling purposes. What I had from India is worthless and now the Swiss. I suspect the Euro will be next and they will probably cancel at a minimum the 500€ notes since they stopped printing them since 2016 claiming they serviced financial crime.

This is simply the agenda. I have explained the Russian cancelation of 1991. There they accomplished two things. First, they restricted the amount of old notes you could even redeem to 1,000 rubles. Second, the Russian currencies were throughout Eastern Europe and those states broke away. Hence, it was outright canceling the currency outside of Russia.

After they are finished with canceling all the currency, next will be to eliminate all cryptocurrencies. Then the Democrats are planning the same. They are intending to do this in 2022 marketing it as the filth rich are hoard cash. About US $1,000,000 in $100 bills weighs around 22.046 pounds (10 kilograms). So $10 million is over 220 pounds. It is easier to buy art, rare coins, stamps, cars, and real estate.

Emily Ratajkowski’s digital photo sold at Christie’s for $140,000. I really do not know what you do with that one.