We have now found a champion to fight for us and that Champion is Donald J. Trump — is he perfect, no of course not he is human just like the rest of us that carry the original sin. But he is a Christian and he is a strong leader and his heart is in the right place. Further he wants to fix the wrongs that have been done to all of us and to the Constitution. The GOPe and most of the rest of the Washington elite have, in essence, signed on with the dark one and sold their souls to the devil himself knowingly or not their actions tell us they have. We are in the fight to the end and we will not be turned from our goal of making Washington work for us not for them.
Monthly Archives: February 2016
The Socialist Lie that We have Always had A Growth Economy Since Roosevelt
Armstrong Economics Blog
Re-Posted Feb 26, 2016 by Martin Armstrong
A comment by a reader with a philosopher was interesting and delusional at the same time. “Armstrong chose not to seek any compromise but to put all the blame on government. In principle, that’s got to be an absurd point of view. So it seems to me. One more thing, to his alleged factual correlation. Government really began to grow during the Roosevelt years, including the war years, and the economy has been growing ever since. Is your buddy playing fast and loose with history and, hence, with reality?”
Corporations only get influence because they buy government and that is possible only because we have career politicians. Corporations cannot run the world for they compete against each other. We do need government, but an honest one. The only way to achieve that is the shorter terms of office and one time only. It should be more of a citizen government and any conflict of interest is a bar to any office in any capacity. Cruz’s wife works at Goldman Sachs. Hillary will not release transcripts of her speeches for Goldman Sachs. They buy candidates and own Washington, DC. We deserve what we vote for and stupidly believe in. We are the fools who soak up all the lies each and every time and then the press is anything but independent and free. Hillary has raised tens of millions from the very banks on Wall Street she claims she will stand against. Come on. If that was remotely true, they would not give her a dime. The call Sanders and Trump dangerous because they are not bought and paid for by the bankers.
More over, the idea that we have lived in some fantastic socialist era with GDP always expanding is an outright LIE if not a delusional statement by someone who refuses to look at the trend. At the top, is a chart of the government’s own source, the Bureau of Economic Analysis. GDP growth has been declining steadily as taxes rise. Like China, its first blast of GDP growth came at the beginning. It was true for the West as well following World War II. GDP growth has steadily decline to where a good number is less than population growth. Social Security collapses in 2017 as illustrated by this second chart which is also prepared by government. This is the entire problem. People are clueless as to the trend and do not want to open their eyes to reality.
Why do the NY bankers fund the bulk of the candidates? Well certainly to buy their get out of jail free card. There is no possible way they will ever criminally imprison the bankers who have destroyed our future because who would then FUND people like Hillary or Cruz? Secondly, if Socialism is not a bullshit story, then why have we reached at times 70% of the entire national debt is accumulated interest? That money created no schools, roads, fed children, or funded welfare. The bulk of the debt has been interest paid to the bondholders.
Why is the youth going for Sanders and Trump? Why do we have a generational gap in voting that appeared first even in Scotland? Socialism is collapsing because the older generation have paid into a system they do not want to think about is falling apart when it is time to get their’s. So they live in a delusional world that ignores everything factual around them and cannot see they are robbing their own children of the very life they enjoyed.
This is a chart from the OECD which clearly shows that higher the tax rate, the lower the economic growth. I for one hope the country splits in two and we can build a wall not between Mexico and USA, but between left and right. Let all the left socialists who want to steal from everyone else because they can so they do not have to earn in life, live on one side of the wall and chase each other in circles. The rest of us can live in peace. After all, it is one of the Ten Commandments – Thou shalt not covet their neighbor’s goods. The Pope says building a Wall is not being Christian. That is not one of the Ten Commandments. It is not being Christian or Jewish to drool over robbing other people’s money. Christ did not preach socialism by government force. It is no longer charity when it is involuntary.
In my mind, the legal challenge against Income Tax (which requires the surrender of privacy) is that such taxes violate the First Amendment, Freedom of Religion. Socialism and progressive taxation as well as the coveting and hatred of anyone who has more money violates the Ten Commandments. This is no different from Communism which preached the state is your parent, not your biological parents, and if they said anything against the State, the children were obligated to report them. Marx also said: “Religion is the opium of the people.” Socialists should admit the father of the beliefs and what he stood for – there is no God.
The Edelman Trust Barometer shows collapsing Trust in Government!
I have stated that Trump is the symptom and he is soaring because confidence in government is collapsing. The 2016 Edelman Trust Barometer, an annual global survey that assesses various levels of trust, reveals this shift from public to private as reported by Forbes.
The UniParty -vs- Candidate Donald Trump…
The castle we build and that was taken from us is now under siege as we want to reclaim what is rightfully our and our champion, our captain, is Donald J. Trump and his flag is make America Great Again. He is Captain America and his here to do battle for us against the godless forces of evil of the Dark Side that established a land of greed and lust that once held the house of Washgington; is he perfect, no of course not, he is a human just like the rest of us that carry the original sin. But he is a Christian and a strong leader and his heart is in the right place. Further he wants to fix the wrongs that have been done to all of us in the real world outside the beltway and to the Constitution we live by. He is a real Captain America and has the full support of this former U.S. Army Captain and I will work as hard as I can to get him elected so he can cast the minions of those that rule us out of our house and banish them forever.
Why is Trump Unbeatable?
Armstrong Economics Blog
Re-Posted Feb 25, 2016 by Martin Armstrong
COMMENT: Marty; it has taken me some time to digest your thinking. I just wanted to say you have opened my eyes and I can see the connections. Trump is a symptom and not the cause. The press and politicians treat it as if they can defeat him they will reverse the trend. They do not understand what is going on. Step back and you see it clear as day.
Thank you for your enlightenment
BB
REPLY: Trump is rising in the polls not due to anything BUT the trend in motion. If it were not Trump, it would be someone else. This is Ross Perot 2.0. Even if Trump loses, there will then be Trump 2.0. This trend is non-stoppable. The political process has degenerated into blathering and patronizing speech that lacks substance.
Candidates are taught how to deliver speeches written by their handlers that sound like they are saying something by implication, yet indeed, there is never any commitment to a specific policy by which they can be judged. They love sayings that refer to how they will make the rich pay, despite taking most of their money from the rich. Would Wall Street donate half the money a candidate has if they were concerned that the candidate would prosecute the very people who gave them money?
Others lash out at Obamacare without a clear plan to replace anything. When it came to the Supreme Court decision, the Republicans were happy the Supreme Court retained Obamacare. Why? They are relieved of any responsibility and they do not have to come up with an alternative. Hence, declaring an intention to speak and act with such resoluteness criticizes the current president, which capitalizes on their constituent’s suspicions. Yet, there is no obligation to pursue a specific policy once in office. It is a way to imply a policy and retain the ability to say they never promised such a policy. This is our modern-day politics.
Trump is speaking from the inside and those running from the establishment either lack such ability or are so use to memorizing what to say that they are no different than an actor in a movie. The public is yearning for clarity and truth for once.
The EU is now past the point of No Return and will began to implode in March
QUESTION: Mr. Armstrong; The World Economic Conference was outstanding. Your theme that Europe was the focal point for the coming chaos has been proven valid with each passing day. You have mentioned this is the time that will begin the collapse in public confidence within the EU even surviving. I must ask. Do you believe if they call you in and followed everything you have said, is it just too late to save Europe?
Thank you so much
PB
ANSWER: Unfortunately, I know how to restructure Europe so it would function, but I do not believe that would even be sufficient at this stage in the game. We have probably reached the point of no return. All that is now left is the crash and burn. Only then will society reform. I simply believe we crossed that line last year. We began a new declining cycle in 2008 and that was the peak in the Euro as well. The start of the real decline in the Euro where mainstream capital begins to question when negative rates can really reverse or stimulate the economy unfolds after 2016.202. This comes into play March 13/14, 2016. This is not my personal opinion. This is just the modeling.
This seems to be so important we will try to put together a video on this matter.
Almost all Income Inequality is caused by Government Taxes!
Armstrong Economics Blog
Re-Posted Feb 22, 2016 by Martin Armstrong
QUESTION:
Dear Martin Armstrong,
I appreciate very much your economic analysis and read your blog nearly daily although I disagree with some of your political statements.
In your last blog about Schengen you mention that “Everything is connected and nothing takes place in some isolated vacuum”. Obvious.
According to me, and many others re-known economists like Joseph Stiglizt or Paul Krugman, one of the problems in the current world is the exponential increase of social inequality and massive collection of wealth in few hands.
How is it possible that barely the 60 richest people can have the same wealth as half of the population (3.6 billion)? Is this acceptable? What would be the solution in your opinion? Because just free markets will reinforce not decrease the actual trend and you seem to be “socialist”-averse although some sort of redistribution of wealth should be done, I suppose, but how?.
Thanks for your great work
BR
ANSWER: This is a Marxist diversion. It focuses only on the “rich” and ignores the fact that government continues to expand and consume wealth. The “wealth” that everyone points to for the richest people is by no means a product of WAGES, rather it is created on paper valuations of investment. At the same time, that “wealth” dropped $1 trillion just in the January decline this year. It is NOT actual “money” in that sense. It is no different than your home being worth $500,000 one day and then $200,000 a month later.
“Social inequality” remains the headline grabber, yet the larger government becomes, the lower the economic growth. The OECD itself illustrates this. Higher taxes reduce economic growth, plain and simple. Then we have the average person who is robbed by about 50%+ between income taxes (federal and state), property taxes, fees, tools, and sales taxes. All of this goes to sustain government; it does NOT raise the living standard of the average person. Europe is even worse.
I tried to save Social Security on Capitol Hill. I argued to convert it to a wealth fund and allow it to invest exactly as the “rich” employ their money rather than stuffing it with depreciating government bonds. When I DONATED my time on Capitol Hill, the Dow was 1,000. That would now be 17 times more and amply enough to retired on. Social Security goes bust next year, and with interest rates manipulated lower you will get nothing.
Then the government charges payroll taxes on the average worker. Sure, they hand you a refund check at year-end. So they are borrowing from the average person and NOT paying them any interest. The government robs your ability to save and grow “rich” by stuffing your money in government bonds under Social Security.
Government creates “social inequality” by robbing the poor and middle classes while pretending to care. If we eliminated government federal income taxes, most people would take home at least 30% more.
The problem is NOT that the “rich” make money from investment; it is that the rest of society is DENIED the right to invest to get ahead because the government is bleeding everyone dry. Take all the money from the “rich” and we end up with communism, which will not improve your life in the least. So you do not stand a chance of surviving the future unless we start looking at the real culprit here. This is like a baseball game: the pitcher only focuses on the batter while those on base are stealing the next one unnoticed. We need to pay attention before there is no future for our posterity. Thank God I am not 18. I really do not want to live in a world run in this manner. This is not like Star Trek: “Scotty. Beam me up PLEASE!“
Tripwire Alert – Understanding Why Mitt Romney is Making Ridiculous Claims About Donald Trump’s Taxes….
So far Trump has been way ahead of the GOPe and their donors and skillful out maneuvered all their attempts to defeat him. Cruz and Rubio have zero chance and Kasich isn’t even the ballpark. Romney lost once and would lose again and we know that so it will not work they need to find a better option. But, in any case, Trump will not fall for this trick.
THE DONALD’S FIRST DAY IN OFFICE
President Donald Trump and Vice President Marco Rubio are sworn into office.
ONE. In a rare event on inauguration day, Congress convenes for an emergency meeting to repeal the illegal and unconstitutional Socialist healthcare farce known as Obamacare. The new Director of Health and Social Services Dr. Ben Carson announces that an independent group of healthcare management professionals is hired to handle healthcare services for poor and low income people. They are also assigned the duty of eliminating Medicare and Medicaid fraud. Government’s costs for public healthcare are reduced by 90%. Healthcare insurance premiums for working Americans are reduced by 50%. The move saves billions of taxpayer paid dollars. Healthcare service in the U.S improves 100%.
TWO. Newly appointed Department of Homeland Security Chief Ted Cruz announces the immediate deployment of troops to the U.S. Mexico border to control illegal immigration and the immediate deportation of illegals with criminal records or links to terrorist groups. New bio-encrypted Social Security IDs are required by every American citizen. Birthright is abolished. All immigration from countries that represent a threat to the safety of American citizens is terminated indefinitely. The move saves American taxpayers billions of dollars. Several prisons are closed.
THREE. Newly appointed Secretary of Business and Economic Development Carly Fiorina eliminates more than half of the Government agencies operating under the Obama administration saving taxpayers billions of dollars. Stocks rise 100%.
FOUR. Newly appointed Director of Government Finance Rand Paul announces the abolition of the IRS and displays a copy of the new Federal Tax Return form. It consists of one page. The instructions consist of two pages. The Federal Reserve is audited. The move saves American Taxpayers billions of dollars and increases tax revenue.
FIVE. Hillary Clinton is in prison, where she belongs. Her cell is directly across from Jesse Jackson and Al Sharpton who are serving time for “Hate Crimes”. She bitches at them constantly from behind the bars of her cell in what some call cruel and unusual punishment.
SIX. Bernie Sanders is in the nuthouse, where he belongs. His room is directly across from Nancy Pelosi, Debbie Wasserman Schultz, Chris Matthews and Al Franken. They meet for tea every day at 10 AM and discuss the success and benefits of Communism and Socialism throughout the world. They also wonder when the “Mothership” is going to pick them up and return them to their home planets,
SEVEN. Windows 12 is released. It is designed for humans, doesn’t try to satisfy the needs of every person on the planet, doesn’t require a degree in nuclear physics to operate and looks just like Windows 7 except it is easier to use.
EIGHT. Barack Obama flees the United States under cover of darkness and returns to his homeland of Kenya before his trial for treason begins. He deplanes on a remote jungle airstrip. It was reported that he was last seen wandering through the jungle singing “Hakuna Matata” with a chimp named Commie.
NINE. A committee is not established to determine what is causing global cooling. Billions of taxpayer dollars are saved.
TEN. Dead people are no longer allowed to vote in Chicago, a huge blow for the Democrat Party in the State of Illinois.
THE PERFECT DAY!
Blognificentbee
There is no going back now — we are committed to Trump and wining. Personally I think beating Hillary will be a walk in the park for Trump. This win for us not the RNC will be as big as that of Reagan. Trump is not Reagan but he taps into the same people, the vulgarians, but this time the stakes are much higher and so the messages has to be harder. Trump is delivering what must be said at this time in history.
Centinel2012 