by Martin Armstrong
Armstrong Economics
President Trump on Tuesday night called for Congress to take back the massive $2.3 trillion stimulus calling it a “disgrace” for it was handing money out to foreign governments and illegal aliens who all got more money than American citizens. Congress gave Americans $600 which is not enough to pay the rent for one month. He has told Congress to increase it to $2,000. Trump went on to list the millions of dollars included in the 5,593-page package He pointed out that billions are handed over to the National Mall museums that they will not allow to even be open.
This is the SWAMP in Washington. They call something the COVID relief package and they stuff it with more programs for everything else that has nothing to do with the name of the Bill. This is Washington corruption at its best. This illustrates why we really need a Democracy and not a Republic and term limits are essential in a Republic – one term and out!
Joe Biden’s choice for Secretary of Education, Miguel Cardona, the current Connecticut commissioner of education, helped oversee curricula for high school students to be implemented in fall 2022 that is influenced by “critical race theory.”
President Donald Trump announced plans to appoint current senior adviser Hope Hicks to a new government role, the White House announced Tuesday.
The term environmental social governance (ESG) investing is relatively new. As described in Forbes,
A county official in North Carolina told residents that they should stay home for the holidays and only spend it with members of their household due to the coronavirus pandemic, only to then admit that she had no intention of doing this herself.
During a Wednesday appearance on CNN’s “New Day,” Sen. Amy Klobuchar (D-MN) sounded off on President Donald Trump’s recent round of pardons.
On December 14, 2020 Singapore’s Ministry of Health communicated a summary of the steps it took to contain a raging Covid-19 breakout in its migrant worker living facilities. The report itself claimed that the city-state had over 320,000 migrant workers living in cramped dormitories and around 47% or a little over 152,000 contracted Covid-19. This number includes individuals either confirmed with a PCR test, which tests for traces of the virus and is commonly employed as a nasal swab or a serology test, which tests for Covid-19 antibodies. A serology test can detect those who have been exposed in the past and have since recovered or never developed symptoms at all.
The Western World’s concept of objective truth was challenged by Karl Marx, who declared truth to be class truth. The capitalists had their truth, and the workers had their truth. The workers’ truth had more validity, because they were oppressed, whereas the capitalists’ truth was self-serving.
As we move through the last few trading days of the year, here is a look at Happy 70th, “Shipageddon,” and rise of the robots.
It’s official: This has been the weirdest year in US economic history.
A smart friend of mine who is a moderate liberal asked why I was not recognizing Joe Biden’s victory.
Since the 2016 election, Democrats have made all kinds of nullification standard fare, but more pernicious than displaying a disagreeable temperament, or contrary opinion; more than First Amendment-protected civil disobedience.