Well when you are a Democrat or a fool but I repeat myself — what can you expect sit in’s maybe they think they are back in HS or college but then maybe they never went to collage. Oh well I guess they is just no hope for them — their Hope and Change didn’t work out all that well!
Monthly Archives: June 2016
Lauren Southern Visits Calias Refugee Camp – Can’t Find Any Syrians…
What Lauren found was a camp with what appears to be thousands of young Muslim men, few if any from Syria, and no women or children. I would say this is more like a staging area for creating an innovation force and this is totally ion line with the Cloward–Piven strategy of collapsing a political system from within. In this case flow a country with people with no skills an incompatible belief system and no desire to fit in — the result will be the collapse of the political system when the funds required to support this people can not be provided by the working classes.
Europe will go first but America will not be far behind certainly no long than 2018 say 24 months at best. Only trump might be able to stop this but with the entire political class trying to stop him its not looking good for the rest of us.
China’s Reserves & the Flight of Money
Armstrong Economics Blog
Re-Posted Jun 22, 2016 by Martin Armstrong
All we have been hearing are claims that if China sends the dollar flooding back to America, the dollar will become worthless and hundreds of businesses will go broke overnight. The gold promoters put out such wild claims and have no idea what they are saying or the type of world that would unfold. It is not in China’s self-interest to dare to do such a thing for their own economy would collapse. Jobs would be lost and unemployment would soar, leading to another revolution.
These people yell the same thing all the time. They want to see America destroyed so they alone can become wealthy and look down upon the rest of society while kicking them in the gut and rejoicing in their pain. I really do not understand such hatred. Of course, they do not want to talk about how U.S. corporations have $2 trillion+ in cash offshore and only about 10% resides in U.S. government debt.
These scenarios are absurd. When China’s reserves decline, it will be because capital had fled China. This is precisely the opposite of what these people are saying. China has sold U.S. Treasury bonds and U.S. equities to raise cash to support the yuan to boost confidence. It has nothing to do with being bearish on the United States. China has no such interest in destroying the U.S. economy or that of Europe. To do so would destroy their own economy and that would only lead to revolution.
These scenarios are just pathetic. China has been suffering from a lack of confidence and capital has been pouring out of the country. The Chinese are the big-ticket buyers of real estate in the United States. China’s reserves have been collapsing as capital has fled. In fact, March was the first time in five months that China’s foreign reserves rose to $3.213 trillion, which was up by $10.26 billion from the end of February, according to data from the People’s Bank of China. The numbers from April showed a second consecutive monthly increase of $7.09 billion to $3.220 trillion.
As far as China’s gold reserves, they have 1797.46 tonnes (57.7 million ounces) or about $75.1 billion at $1300, which amounts to only about 2% of their reserves.
The problem with all of this nonsense is that they are desperate to create a reason to sell gold. You can fool people sometimes, but not all the time. When they listen to these wild scenarios and they do not pan out, they will lose confidence and stay away. So they could care less about the veracity of their claims. All they care about is selling gold for a profit.
Gold will breakout, but not for such absurd reasons.
Constructing a Future
Armstrong Economics Blog
Re-Posted Jun 22, 2016 by Martin Armstrong
Our models have been targeting 2018 for the last 30 years as the first potential year for a monetary crisis and reform. There was a shot that we could have doubled the Dow and everything would have bottomed on the first potential, such as gold in 2013 to 2014, and then turn up into that target. But the markets have been dragging this affair out so long that it looks like this is the beginning rather than the end point, and the real chaos is just extending into the next 8.6-year cycle. This is why we have the Reversal System, for it provides the numbers we have to achieve to confirm the trend. Just as we missed the 17800 on the Dow for the close of May, everything happens for a reason.
The vast majority remains bearish on the Dow, and, of course, the gold promoters always say the dollar is worthless, but their forecasts have not changed for decades. The Dow has all these people claiming it is overvalued and has to crash. Then we have Fed watchers who just focus on domestic numbers and ignore the entire world trend.
It is clear that everything is within a staging position in preparation for something really big. While so many say this is the end of the world and everything will go to zero, such events have never corresponded to their scenarios in history.
The most likely course of action has not changed. When confidence in government collapses among the GENERAL MASS PUBLIC, everything will breakout. Listening or convincing oneself about fiscal mismanagement of government is nice, but the general population is what counts. They are the movers and shakers. We merely jump to their actions.
So the computer gives us the numbers and the time. They simply have to be elected to confirm a trend. All I can do is articulate the points and then say here are the points and the time.
What we are facing is nothing anyone has ever experienced. So it is not going to be easy to come up with some “gut feeling” or opinion that matters. Whatever we “think” will or will not happen is irrelevant. Everything is changing. Financial analysts are failing everywhere. Hedge funds are losing money. The only way to trade is with something definitive without the personal opinion.
The days of searching for some guru who is never wrong from an opinion perspective are gone and only fools seek such ideals. We are heading into the eye of a financial storm that will topple governments. The future is being constructed before our eyes if we wake up and just look. The hard heads always lose everything because they are too stubborn and incapable of adjusting their investment strategy. Those looking to buy growth or value in equities will also lose their shirt for this is not a normal trading affair.
The Clinton White House – 2.0
Armstrong Economics Blog
Re-Posted Jun 22, 2016 by Martin Armstrong
While the devastating book is now out entitled Crisis of Character, it effectively divides Hillary are creating the financial scandals questioning her honesty and Bill Clinton’s White House which felt like a ‘brothel’, according to dormer Secret Service agent Gary J. Byrne. The die-hard Clinton supporters would never look at facts. But this book is really explicit with regard to the scandals. We will see as we move forward. The Republicans refuse to support Trump or raise money for the campaign. So we will see just how crazy this election turns out to be.
Donald Trump Interview With Lou Dobbs…
Trump can talk on these subjects from memory and experience and hardly every needs note or a Teleprompter unlike Hillary or Obama who read what they are to say and even then only to allowed questions! So basically trump is real and Hillary and Obama are whoever the people with the money want them to be.
The Supreme Court Just Created a Full-Blown Police State – The End of the USA Cannot Be Far Behind
Armstrong Economics Blog
Re-Posted Jun 21, 2016 by Martin Armstrong
The Supreme Court ruling in Utah v Strieff awarded the police total freedom to stop any citizen, at any time, to do whatever they desire. The Supreme Court determined that the “poisonous fruit” of a police officer’s stop of a citizen can be used against them at trial. This has wiped out, in reality, any constitutional protection you thought you had. This is a sad day for the United States, for the Supreme Court has officially created a full-blown police state and clearly has no intention of honoring why this nation began the entire American Revolution — to prevent illegal searches that allowed the king to look for anything he could use to prosecute citizens.
The Supreme Court ruled that even though the officer had initially violated a person’s rights (in other words, the Constitution) the officer’s conduct was “at most negligent” and the result of “good-faith mistakes.” This language is a wink and nod to the police who only have to claim they made a mistake that was not intentional and they walk free. We have witnessed police outrageously murder citizens, but the police officers involved are usually not charged. Now, with this decision, the United States has become exactly as Ukraine stood before the people revolted.
A friend of mine from Ukraine came to the states before the last revolution. When they would see a police officer, they would tense up and try to avoid them at all costs. At home, the police were the criminals. They would shake you down, abuse you, and there was simply no rule of law. The Supreme Court, as of yesterday, has committed suicide.
In February 1761, James Otis, Jr. (1725–1783) argued brilliantly against the Writs of Assistance that was authorized in 1660 but became an instrument of tyranny in 1758 in the American colonies as a means to raise taxes. For nearly five hours, Otis made a brilliant oration in court against the Writs, but he lost the case, for what judge would ever rule against his master? John Adams later wrote that “the child independence was then and there born, [for] every man of an immense crowded audience appeared to me to go away as I did, ready to take arms against writs of assistance.” This spirit of resistance appears to rise roughly every 51.6 years, albeit at different intensity.
This very power to arbitrarily search anyone sparked the American Revolution. No taxation without representation followed, but the inspiration was the right to be free and the Supreme Court just took away. The police no longer have restraint. This is the final stage of how empires, nations, and city-states collapse when there is no rule of law. Once the state elevates itself above the people, the end is not far behind. The dissenting words of Justice Sonia Sotomayor reflect the dire state to which the United States has degenerated.
Scalia would have joined Justice Sotomayor on this one, and if he were still alive, he would have tipped the scale and protected our liberty. With Scalia gone, who was a strict constructionist, there is little hope left in the Supreme Court. Justice Sonia Sotomayor wrote, “Even if you are innocent, you will now join the 65 million Americans with an arrest record and experience the ‘civil death’ of discrimination by employers, landlords, and whoever else conducts a background check.” She concluded, and I must agree:
By legitimizing the conduct that produces this double consciousness, this case tells everyone, white and black, guilty and innocent, that an officer can verify your legal status at any time. It says that your body is subject to invasion while courts excuse the violation of your rights. It implies that you are not a citizen of a democracy but the subject of a carceral state, just waiting to be cataloged.
We must not pretend that the countless people who are routinely targeted by police are “isolated.” They are the canaries in the coal mine whose deaths, civil and literal, warn us that no one can breathe in this atmosphere. They are the ones who recognize that unlawful police stops corrode all our civil liberties and threaten all our lives. Until their voices matter too, our justice system will continue to be anything but.
Raped By PC – Five-Year-Old Idaho Girl Raped By Three Iraqi and Sudanese Refugees – Politically Correct Local Government Frozen…
What is the bug deal they are only doing what Islam tells them to do; if you don’t like this then tell the government not to bring any more Muslims into the country and send the ones that are here back to where they came from. If you can’t do that then don’t lets your little girls or boys out of the house anymore.
Understanding Donald Trump’s “America First” Economic Proposals…
Its actually very simple China (generic use term) the Billionaires that control the markets are promoting policies that in the short term benefit them; but in the long term they are destroying the country which will end up hurting them. They do not see this but Trump does and his view is the ONLY ONE THAT WILL WORK period the end.
Corey Lewandowski Leaves Trump Campaign (Interview / Video)…
An interesting interview!
Centinel2012 