President Trump and President Abbas Deliver Joint Remarks – 3:40am Livestream…


U.S. President Trump and PA President Mahmoud Abbas participate in joint remarks at the Presidential Palace in Bethlehem:  Approx 3:40am EDT

Update – Video Added – President Trump begins by discussing the Manchester Terror Attack.

Schedule below:

WH Livestream LinkAlternate Live StreamRSBN Livestream Link

SCHEDULE All Times Local//Eastern Time:

  • 9:50 AM // 2:50 AM The president participates in an arrival ceremony with President Mahmoud Abbas of the Palestinian Authority – Presidential Palace, Bethlehem
  • 10:00 AM // 3:00 AM The president participates in a bilateral meeting with President Abbas – Presidential Palace, Bethlehem
  • 10:40 AM // 3:40 AM The president gives remarks with President Abbas – Presidential Palace, Bethlehem
  • 1:00 PM // 6:00 AM The president and first lady participate in a wreath-laying ceremony at Yad Vashem – Yad Vashem
  • 1:15 PM // 6:15 AM The president gives remarks at Yad Vashem – Yad Vashem
  • 2:00 PM // 7:00 AM The president gives remarks at the Israel Museum – Israel Museum
  • 3:45 PM // 8:45 AM The president and first lady depart Tel Aviv, Israel en route to Rome, Italy – Ben Gurion Airport
  • 6:30 PM // 12:30 PM The president and first lady arrive in Rome, Italy – Fiumicino Leonardo da Vinci International Airport

Fines – Civil Asset Forfeitures – Taxes


When I was a kid, most police were kind, respectful, and actually there to protect society. Sure, there was some towns that were just greedy. My father took a local post as a judge in Cinnaminson, New Jersey. It was the politicians who told him they want the maximum fine for everything. My father refused and quit. It is not even the police who are ticketing people just for fun. There are quotas and pressure to raise money for the politicians. Governments are just going broke. Many of the police they bring in today are not like they use to be. They are much more nasty and aggressive.

All of these trends are alarming from civil asset forfeitures and tickets for everything in Europe where speeding tickets are fined a proportion of your net worth. All of this is seriously wrong and when government turned against the people, this identifies the trend at hand. This is part of the shift from Public to Private and with only 52% of Americans who now trust the police, this reflects how serious this shift on confidence has become. Gallup Polls have been asking this confidence question about trusting the police and the response has ranged fairly narrowly between 52% and 64% since 1993. Now, it is at historic lows of 1993.

red-light-cameraThe attempt to raise revenue with red light cameras has exposed unbelievable corruption. Private companies pay to install the cameras for a cut of the fines. Florida Supreme Court ruled that it is NOT legal for the cities to continue to issue Red Light Camera Tickets in the manner in which they have been issuing them. In the Ohio hamlet of New Miami, the town was ordered to pay back $3 million in automated traffic fines levied against drivers along the stretch of highway the town straddles.

The former chief executive of Chicago’s first red-light camera vendor was sentenced to 30 months in federal prison and over $2 million in restitution for paying bribes to a city official to help procure the contracts.

New Jersey has the strictest yellow timing provisions in the country as a result of concerns that cameras would be used to generate revenue; they have a statute specifying that the yellow time for an intersection that has a red light camera must be based on the speed at which 85% of the road’s traffic moves rather than be based on the road’s actual speed limit.

Fremont, California is proposing to reimburse drivers who collectively received more than 1,000 red-light camera tickets during a period when it inadvertently shortened the time they could cross on yellow signal lights through a couple of  intersections.

The list of states going after red-light cameras is indicative of the entire problem that as government go broke, they fine people, raise taxes, and confiscate property. This is all part of the shift from Public to Private Confidence

Flammable Ice


 

The big story in Asia has been that China made a major breakthrough being able to extract gas from what people call “Flammable Ice” located under the South China Sea. This has been at the core of China’s insistence on controlling the area.This is an important future global energy supply and not merely a territorial power grab.

Flammable Ice is actually methane hydrates that hold vast reserves of natural gas. The biggest challenge has been the mining and extracting because they are located under the seabed. We are looking at anther major advancement in the expansion of energy reserves for the world.

We can see that 2015 was a Directional Change with the lowest annual closing followed by 2016, which was a Panic Cycle that did what it was supposed to do taking out the previous low and then the high of the previous session. We now have another Directional Change here in 2017 with volatility rising next year.

Drone Technology Advances for Human Transport


Dubai’s Road & Transportation Agency plans to launch trips with the first fully-electric autonomous aerial vehicle drone. The Prime Minister of the UAE wants 25% of all passenger trips to be made in driverless vehicles by 2030. Perhaps we will try it out in our office in Abu Dhabi. This is the future and it looks pretty cool. (See EHANG)

Historic – President Trump and Family Visit Jerusalem’s Western Wall…


Together with his family and diplomatic team, U.S. President Donald Trump became the first president to visit Jerusalem’s Western Wall on Monday.  President Trump stood before the holiest place where Jews are permitted to pray before inserting a note between the monumental stones.

President Trump and First Lady Melania Trump were accompanied by the Rabbi of the Western Wall, Shmuel Rabinowitz, who said on Israel Radio that he recited two psalms with the U.S. leader. One of them, Psalm 122, speaks of Jerusalem as a “city that is united together”.

The president was also joined on the visit by his daughter Ivanka and son-in-law, Jared Kushner, an Orthodox Jew who went to the wall shortly after Trump and said prayers. Both Kushner and Trump wore black kippahs, the skull caps worn by religious Jews and by others as a mark of respect.

As President Trump and Jared Kushner visited the area of the wall set aside for men, First Lady Melania Trump and First Daughter Ivanka, Kushner’s wife, visited a separate nearby section where women are allowed to pray.

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REPORT: Ford Board of Directors Will Fire Mark Fields as CEO…


Much of the predictive economic analysis we present is done so for a very specific reason. If you teach yourself how to sift through the big picture rocks you can quite simply predict the granular future.  Our CTH goal has always been to help with the sifting. CTH has a remarkable track record because common sense is the compass heading, and when we see the obscure data –nobody pays attention to– we focus attention and context upon it.

NOW THIS–>:DETROIT (AP) — Ford is replacing its CEO amid questions about its current performance and future strategy. A person familiar with the situation says CEO Mark Fields is retiring at age 56 after 28 years at the company. The person spoke on condition of anonymity because the official announcement hasn’t been made.

Fields will be replaced by Jim Hackett, who joined Ford’s board in 2013, this person says. Hackett has led Ford’s mobility unit since last year. He is the former CEO of office furniture maker Steelcase. Fields helped lead Ford’s turnaround a decade ago as president of its Americas division. But the company’s stock price has fallen almost 40 percent in the three years since he became CEO. (link)

Those of you who have been around a while might remember…

THIS 2016 Predictive CTH ARTICLE.

[…]  Ford CEO Mark Fields, like many modern vulture capitalists, is a globalist – not an America-First CEO. (link)

The entire reason Mark Fields was doomed to certain failure was outlined in that 2016 interview and the expressed ideological presentation he espoused.

There will be many more who fail because they simply do not understand the nature of the new dimension in American economics, vis-a-vis “economic patriotism”.  They simply don’t have a reference point for how to lead a successful corporation within the new economic model.

Believe me.

The Buffoons – Congress & Mainstream Media Join Forces


The manner in which the press acts and Congress, shows they are colluding to the point that they are desperately trying to get rid of Trump at all costs. However, what they are doing in the process is completing the forecast made by our model that this is the collapse in the confidence of government.

This desperate act to prevent any reform is dangerously taking the domestic political situation in the United States and attributing everything to Russian influence. What they are actually doing is harming the image of the United States globally. Their actions reveal that they are either just stupid or they are really sinister, dangerous, and highly dishonest people seeking to establish their own personal agenda regardless what the people vote for or what is best for the nation.

There are many politicians who are against democracy for this is exactly what is going on. We are witnessing an unprofessional and detrimental agenda to the entire business of managing any state. Of course there will be those who instantly say I am referring to Putin. No – this anti-democratic movement applies directly to those in Washington DC as well as Brussels. The very structure of the EU was a deliberate denial of any messy democratic process. The Commission never stands for election. The people can only vote for those in Parliament which has no real vote to do anything but put of a show. The Troika is composed of the head of the ECB, head of the IMF and head of the EU. None of these people are elected.

What is taking place in the United States at this moment indeed exposes the fallacy of democracy.  The move to overthrow Trump is the belief that democracy is not fair when one side loses. They refuse to accept anything that Trump promised, and we have women being removed from airplanes for beating up a fellow passenger because he voted for Trump. They really expect that removing Trump will not further divide the country and send it into serious civil unrest. We are witnessing the end of any pretended democratic process.

So why is the press and the Democrats fighting so hard no less the pretend Republicans like John McCain and Lindsey Graham? McCain and Graham are simply against reforming a perfectly good corrupt system where they get all the perks. The Democrats and the Press are in crash mode. They are fighting against extinction.

The confidence in the mainstream media is at historic lows. You would think they should look at what they are doing and reflect upon reform. No, they simply go all the way with their bias. The Gallup Poll is now at 32% of the people trust the media.

When we look at the Gallup Poll in the degree of trust people have in Congress, we see an astonishing 6% number.

As the confidence in government and the press collapses, this is what is undermining the future. They are not merely destroying the image of the country while making themselves look like buffoons, they are setting this all up for a collapse in the bond markets and a shift to private assets as we conclude this economic business cycle wave. Confidence in Congress and the Press are collapsing.

The Dramatic Pageantry of The Arab Islamic American Summit – Video and Discussion…


The Saudi people and the Kingdom of Saudi Arabia are very proud of what they were able to accomplish during this historic visit by President Donald Trump to the summit of a united Arab coalition. (Summit Production Video):

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The entire region should be proud.

Despite the popular western dismissive media narrative, the summit was a resounding success. Beyond the royal pageantry, we can only imagine the internal anxiety if our beloved America was defined by the abhorrent behavior of the Westboro Baptist Church.

Consider:

Imprimipostest – This is an incredible American initiative, very pragmatic in its overall tone, yet filled with tremendous theoretical implications for future relations with Near-Eastern Islamic cultures.

Even the iconic symbolism of President Trump, Melania, Ivanka, and those accompanying the President (from the single Marine in dress uniform standing vigilantly behind him when walking down the reception red carpet, to the extremely competent cabinet members accompanying him in the conferences) that has been televised throughout those regions will have dramatic repercussions for the good.

The long-term potential shift of mentality within the general population throughout those regions may now include an enhanced awareness the United States and the true principles upon which it is founded.

As well, such may have implications long-term on how the Qur’an may be interpreted as critical historical scholarship concerning its historical sources and meanings will likely become more thoroughly examined and assimilated. This may be but one of the fruits to emerge from the President’s proposal of establishing a ‘Globalist Center for Combating Extremist Ideology’.

This dramatic American action may well have laid the foundation and conditions for a new and fruitful future for Islam, Israel, and Christianity. (link)

There are sure to be detractors, antagonists, who would choose the dismissive route even amid our own country.

Within that reaction from David Axelrod we find the inherent liberal disconnect known as projection.  Notice his use of the term “we”, who said “we”?

President Trump is challenging Islam to cleanse itself of evil, not us; “them“, their fight, their struggle – our support.

[…]  The expressed policy outlook of President Trump is for the United States to be the best; and through our actions and behaviors to lead on global initiatives that show how we define ourselves and our values.

This approach is specifically centered around a policy position stating we do not need to demand acceptance of those values, and we respect independent nations’ that may hold values or beliefs not identical to our own.

Secretary of State Rex Tillerson has cultured this approach throughout each of his diplomatic engagements.   The U.S. leans forward on all Trump policy objectives through the perspective of our national needs first; but that does not necessarily mean we demand or force other nations into a compliance mindset.

Compliance implies aversarialism.  President Trump and Secretary Tillerson do not view international engagements as necessarily adversarial.

The U.S. can engage eye-to-eye with the same level of respect to the smallest as we exhibit toward the largest (our own size does not need to be part of the equation, it is self evident), and work policy objectives toward the point of mutual benefit.  If the engaged nation does not receive benefit from the policy, we do not demand an acceptance of it; and more importantly we express both an understanding and a respect of their position and inability.

This Trumpian approach, a willingness not to undermine and to accept the partners downside position within any policy, is grounded on inherent truth.

President Trump and Secretary Tillerson openly accept and admit when the engaged partner will be unable to meet our defined terms; we discuss what actions can be take to remove the inherent obstacle in the future; we make a commitment (or not) toward removing that obstacle; we shake hands and we part company retaining the position of friendship and optimism for the potential of re-engagement at a later date.

[…]  This dynamic is unique – because no member of the Trump Administration’s policy team is approaching any of the policies from a position of their own inherent politics.   Team Trump, writ large, represents America’s best interests, not the political construct of America’s best interests.  [Coincidentally this approach is why Trump has so much domestic opposition]

This non-political approach and simultaneous respect exhibits honesty within the transaction.  Yes, both Tillerson and Trump approach politics through the transactional prism, it’s what deal-makers do. (more)

Wisdom breezes gently, reassuringly, through the Tree House branches:

♦”Sorry I don’t know the answer, but Trump does not understand Islam. Wait and see.”

SHARON – If, on the other hand, he does actually understand Islam and as the President of our Sovereign Nation wishes to speak truth to a great assembly of Islamic leaders while demanding their respect and expecting a yielding response, how would he speak differently?

There are people I do not trust as far as I can throw them (including some in my own extended family) but I do not thereby refuse to speak with them or count every occasion in their presence as an opportunity to go after their worst foibles.

Are you assuming that Trump does not understand Islam because he is present with them? Do you assume that he doesn’t understand Chinese Communism because he met with President Xi? Do you assume that he doesn’t understand Catholicism because he won’t (as a Presbyterian) go to the Vatican and preach John Calvin?

Are you projecting your perceptions of what he should do instead of what he did do and assuming that his choice – different than yours – reflects lack of understanding?

This actually is the man who has persisted in stopping/restricting Moslem immigration into the United States. Seems to me that reflects some basic understanding of Islam.  (link)

We, the proud deplorables, we band of brothers and sisters, are entirely clear-eyed as to the scope of the challenge. No-one amid our association is naive to the seemingly impossible scale against the backdrop of history.

It may be that their task is impossible. Yet, if they do not try then how will we know it can’t be done? And if they do not try, it most certainly won’t be done…

~Sundance

“You have a unique personality that is uniquely qualified to do the impossible”

~ President Abdel Fattah al-Sisi

BitCoin – Criminals – Authorities


QUESTION: Marty,

In light of the recent ransomware attacks where individuals/companies are being held hostage until they pay the criminals in bitcoins, why wouldn’t governments around the globe step in and just shut down Bitcoin.   It amazes me.  Bitcoin allows people to sell everything from drugs to trade secrets on Wall Street  and they do this without having to even pay taxes on it!    What’s going on behind the scene that allows this operation to continue?

MM

ANSWER: My guess is they are doing the same as tax straddles during the 70s. They knew what was going on and let it run and then fined everybody with interest and penalties. Incidents like this do not bode well for BitCoin and authorities going forward. Way too easy for a politicians to make a big issue out of it. They are already coining the phrase “cash is for criminals” so it would be easy to swap out a word here and ther

Asset v Money


QUESTION: Hi Martin, I am a long time reader and so appreciate your daily blogs, You have taught me so much about the global interconnectivity of markets and human nature of the “herd”.Thank you for your life dedication to the pursuit of Truth and justice. You are appreciated more than you know.

My question is that many other economists disagree with you, in particularly —– —-, who believes fervently that Gold is something that will wipe all of us small people out in the coming crash. Can you please explain to us small people who have nothing to hang onto but your words of wisdom and your life long experience of what we need to do as this all reveals itself, with the EU et al, and Debt servicing unwinding worldwide.

Thank you, so much Martin for all your knowledge and your life’s dedication to life, liberty, and justice. I hope to attend your next seminar for the first time ever. I am saving to attend as I like others cannot afford to be caught on the wrong side of what is unfolding and must learn from the ONLY person in the world I trust that is telling us the truth about what is unfolding and how we small people must protect ourselves.

I wish you the best in Health peace and happiness

A

ANSWER: I really do not see where such analysis comes from. If the stock market crash, gold crashes, and everything turns to dust, what goes up? Dollars?

The problem lies in the fact that they are all following Karl Marx. Not that they are communists or even socialists. Marx changed economics. He fought against Laissezfaire and won. It is like putting someone on the witness stand. You then ask the question: “So when was the last time did you beat your wife?” That now sets the agenda. You will respond swearing you never beat your wife and your wife will say no he never did. The cunning lawyer will tell the jury she is not to be believed because she would lie fearing she will only be beaten again.

This is what Marx did. He said government has the right and the power to control the economy to eliminate the Business Cycle. Every economic theory ever since including Keynesian Economics, has all continued down that path. Government is the 800 pound gorilla in the room. It can be omnipotent and rule the world.

I have produced a major report, which traces how gold responded through all sorts of events. Sometimes it has rallied, and other times it has failed. The underlying facts are important. During the Civil War, year gold rallied sharply into 1864. However, when the war was over, gold fell, but the stock market then took off big time.

I can find no instance in history where the combination of events of the stock market and gold crashing within everything turning to dust ever existed for a brief time, but that is when cash rises in value and you get deflation – money up assets down. But given the Sovereign Debt Crisis we face, I really see nothing like that on the horizon.

This will be put online next week. It was included in the Hong Kong Conference.