Monthly Archives: October 2017

Oct 23 2017

Hillary, Barack and Uranium One


Americans paying attention have known about the Clinton, Russia uranium deal for quite some time. Those who get their news from the main stream media are most likely clueless. Check out Judge Jeanine Pirro as she lays out the facts surrounding the Obama administrations, and more specifically, the Clinton crime families involvement.

At long last the House Oversight committee is beginning a probe into this massive security breach. God willing the day will come when the chant “lock her up” will become a reality. Perhaps the sexual predator she’s married to can arrange an adjoining cell.
Jeff

Oct 23 2017

Science: The Handmaid of the Torah


Prof. Paul Eidelberg, (Ten years ago)

Astronomers and astrophysicists are revealing with increasing frequency the compatibility of the Torah with the most recent discoveries in science.  A recent article in one of the foremost international journals of physics bears the title, “Creation of the Universe from Nothing”:

At the 1990 meeting of the American Astronomical Society, Professor John Mather of Columbia University, an astrophysicist … presented “the most dramatic support ever” for an open universe [i.e., one which supports a cosmological proof of God’s existence].… Mather’s keynote address was greeted with thunderous applause, which led the meeting’s chairman, Dr. Geoffrey Burbidge [an atheist astronomer], to comment:  “It seems clear that the audience is in favor of the book of Genesis – at least the first verse or so, which seems to have been confirmed.”

The renowned mathematical physicist and agnostic Stephen Hawking concedes:  “It would be very difficult to explain why the universe should have begun in just this way, except as the act of a God who intended to create beings like us.”

Unfortunately, scientific research has had no influence on the attitudes and policies of Israel’s ruling elites.  Not even the religious parties comment on the relevance of contemporary science to the cynicism of Israeli politicians!  This means that Truth is irrelevant in the domain of politics – a deadly phenomenon.

Israel is engaged in a life-and-death struggle with Islam, a religious creed whose propagandists disparage the “Old Testament” along with Jews.  Of course, Israel’s Government ignores these ignorant and vicious Muslims. At the same time, however, no religious party in Israel ever challenges Jewish scorners of the Torah by means of established scientific research.

Hence let me say a few words in honor of the Torah by quoting the French intellectual giant Henri Baruk, a pharmacologist, biologist, psychologist, sociologist, and member of the Medical Academy of Paris.  Baruk encapsulates the Torah as “the most complete science of man,” and writes:

Though this extensive science has been vulgarized by the religions which have sprung from it, it still remains little known and even misunderstood.  The [gentile] religions … took mainly from [the Torah] its moral principles with … various modifications which left out Hebraic Law, Hebraic biology, Hebraic sociology, etc. — in a word, the concrete and material parts of the Torah.  Complete and scrupulously exact study of the Torah is indispensable if one is to capture its spirit.  Then again the Torah forms an indivisible whole, and one cannot study it in borrowed versions or excerpts without completely falsifying its meaning and spirit.” (Tsedek, 1972.)

Baruk’s discoveries in medicine are not exactly new.  In The Secret Life of the Jew (1930), Rabbi David Miller writes:  “In the Pharmacological Laboratory of Johns Hopkins University … it has been recently established, apparently as a new discovery, that menstruous women generate and carry menotoxin throughout their systems.  At the onset of their period, they contaminate by contact and even retard the development of plants,” (Journal of Pharmacology and Experimental Therapeutics, January 1924.)

Other quotes from Rabbi Miller’s book follow:

Dr. Peter Frank, known as “the founder of the modern science of public health,” writes:  “Very often do I read the rules of the Mosaic medical policy and their valuable sanitary laws which by far surpass many of our contemporary public health institutions  …”

Charles W. Elliot:  “Modern sciences are only corroborating the ancient Hebrew precepts.”  Sir James Cantlie agrees:  “We have never upset one of  Moses’ laws in regard to hygiene, sanitation, or medical teaching.  All that the scientists of today, with their microscopes and text books, did was to prove that the ancient lawgiver was right…. We had been trying hitherto to cure disease instead of preventing it, as Moses did.”

Rabbi Miller extols the Jewish laws of family purity as “a great boon to woman according to medical standards.”  It is a preventative of many diseases of the female organs, including cancer. “It conserves her natural faculties and prolongs her youth and attractiveness,” more so in view of the limits and obligations which the Torah imposes on a Jewish husband in regard to conjugal relations with his wife. These limits contribute to a woman’s dignity, privacy, and independence.

The Torah thus embraces cosmology and cleanliness – heaven and earth.  With the world now steeped in violence as well as in mental and political disorder, the time may not be distant when a science more fundamental and more comprehensive than quantum mechanics and relativity theory will be revealed in Israel and thus be acknowledged as the handmaid of the Torah.☼

Oct 23 2017

Trump to Release Secret Files on JFK?


Armstrong Economics Blog/Politics

Re-Posted Oct 23, 2017 by Martin Armstrong

I have often been called the Forest Gump of finance. I have tended to meet so many people surrounding so many events it is often funny. I actually met President John F. Kennedy and shook his hand as a kid in Willingboro, New Jersey on Oct. 16, 1960. (I did not want to become president like Bill Clinton). Then years later, I bought a house on the beach in Loveladies, New Jersey. To the north of my beach house in Loveladies, is where Richard M. Nixon vacationed as well as Billy Joel. Nixon had rented in Loveladies a 5,000 square foot home designed by Malcolm Wells and built in 1970.  Due to its large base tapered upward to a triangular roofline, it was known simply as the Pyramid House.  It was torn down in 2009 to make room for the next generation of modern homes. To the south of me, was the house owned by none other than Senator Arlen Specter (1930–2012).

It was Arlen Specter who was a staffer (later a United States Senator from Pennsylvania), on the Warren Commission who is credited for coming up with the single bullet theory (magic bullet theory) known as “Warren Commission Exhibit 399”, that caused all the wounds to the governor and the non-fatal wounds to the president. Even his son would stop by my house. He would never admit to me personally that the theory was just an excuse.

Now US President Donald Trump wants to release the long-hidden secrets of the assassination of John F. Kennedy. Trump announced his intention to disclose the more than 3000 documents on the presidential murder on Twitter. The concern deals with the assassination of November 22nd, 1963. There are some tens of thousands of other documents which have never been published. Trump wants to release them when the legal secrecy expires on October 26th, this week! The CIA is urging that Trump should not release the documents claiming they will endanger the survivors or informants of CIA and the FBI. That seems to be a real BS excuse if I ever heard one. What they may really incriminate is other people.

The official investigation came to the conclusion that JFK was shot by the (magic bullet) single-killer Lee Harvey Oswald in Dallas, who in turn was then killed two days later by the nightclub owner Jack Ruby. Then Ruby dies and nobody ever concludes just how was Oswald assassinated in the middle of the police station in front of policemen, security forces, FBI, CIA and journalists with TV cameras no less.

The official version of the assassination of Kennedy was repeatedly questioned around the world and it has never been believed in so many circles. The main “conspiracy theory” has been that it was an internal coup by the CIA. If there is no “conspiracy theory” then release the files once and for all. The argument to keep them hidden is what keeps these accusations alive.

Oct 23 2017

China to Dominate AI?


Armstrong Economics Blog/AI Computers

Re-Posted Oct 23, 2017 by Martin Armstrong

 

QUESTION: I am sure you are aware that the Chinese position just adopted was to create AI systems that would dominate the industry and surpass that lead of the USA. What is your view of how this will unfold?

ANSWER: AI can be used in so many fields and it will be much better wherever the issue involves a human opinion. Eliminating the bias and prejudice even those which are so subtle will bring huge benefits.

However, AI, even the IBM Watson, are capable of dealing with many fields. However, when it comes to forecasting the world economy and markets, the complexity is beyond even that of what these AI platforms can accomplish. The structure of AI and machine learning today is still too primitive to truly handle the global economy.

The machines cannot learn without the database. That is when Genius Failed in 1998. They won the Nobel Prize for a model that blew up the world. Why? They lacked the database and the experience of what really had to be captured.

I have been approached by a few who want to partner up to bring Socrates to the world. It is a huge task. Just have not found the right mix. Someone has to bring talent to the table, not just money.

Even with MiFID II, there is a rash of people trying to come out with an AI system to trade. The problem is they have no track record and hypotheticals do NOT cut it with the big institutions. Nobody will use such a model for if it fails, they lose their job for even letting it in the door. It’s a CYA issue.

So it is only something they can sell the average investor who is gullible. They will never even get a meeting in a major boardroom. We do ONLY because of a 40-year track record.

Oct 23 2017

The Coming Cold Winter 2017-2018


Armstrong Economics Blog/Climate

Re-Posted Oct 23, 2017 by Martin Armstrong

WhiteEarthEffect

QUESTION: Dear Mr. Armstrong,

First of all – THANK YOU for all you do, for your guiding light.

As I’ve read your blog, (a must daily), the post “Global cooling is killing penguins – not global warming”, especially the last two sentences “We are headed into a serious decline in temperature and that is when civilization declines significantly. The worst appears to be hitting after 2032. This is really no joke.”, makes me to ask you if there is one of your reports that would shed more light on the changes in climate and weather, and what do we expect, what we should prepare for in the future?

 

How the weather, climate will change towards 2032 and how it will affect different parts of the world – Western Europe, USA, Russia? Please kindly let me know if there is such a report and if it can be purchased?

 

It is a family planning for us and is the most serious matter.

Thank you,

 

V L

 

ANSWER: Well the past three years it has been getting colder in Europe. This past summer they called the year without a summer in the Arctic as ice has expanded. Our models on weather show that we are headed into a very cold winter this season even in the USA. This will progressively get worse and after 2032 we will be headed back to the cold period that existed during the 18th century. So buy some long-underwear this year. You may need it.

Western Europe will suffer the most, but the USA will also feel it this year. Siberia is warning so we have a shift. I moved to Florida for I am tired of shoveling snow, ice scraping, and potholes after losing 3 tires.

I will put together all the various models we have on weather and do a report on that in early 2018. This will have an impact on food prices. In general, we so see a commodity cycle coming for the next 8.6 year ECM wave.

Our models do not project a White Earth Effect. That is how planets die BTW.

Oct 22 2017

Wakey Wakey – The Peasants are Still Revolting…


Re-Posted from The Conservative Tree House on October 22, 2017 by

In the summer of 2016 a band of British Misfits delivered Brexit, the largest single event to push back against the growing infection of multinationalism and globalism created by multinational corporations and multinational banks.   Credit where Credit is Due:

.

Then, of course, not to be outdone, after all – WE ARE AMERICANS, the MAGA movement stunned the geopolitical world and elected Donald J Trump as President of the United States.

A month later, December 2016, freedom loving Italians said “Arriverderci Renzi“… the EU nationalist movement was unmistakably rising.  By 2017 the globalists were panicked at the visibility of the peasants and retreated to France and Germany.

Unfortunately for ‘the betters’, frauline Merkel did win, but dropped to an approval level even lower than the false polling constructs of the existential threat declared as President Trump. [Merkel approval a mere 32.9%]  Additionally, righteous vulgarian nationalists in Germany entered parliament, and Merkel laughably promised immigration control to save her 4th-Reich-borscht.

However, it didn’t take long before the rebel alliance HQ in Poland and Hungary noticed familiar faces, reinforcements, on the horizon; and last week Austria joined the movement and elected Sebastian Kurz another euro-skeptic – who promptly announced the kicking-out of globalist financier George Soros…. Oh dear.

Then, just yesterday, anti-establishment and Eurosceptic Andrej Babis, deemed “The Czech Trump”, won the Czech election by a large margin, and the pesky Czech nationalists also entered parliament.  Yet another massive blow to the EU elites.

To make ideological matters even worse for the Marxists, today the liberty virus appears in the land of the rising sun – where another Trump ally, Shinzo Abe, secures a decisive nationalist victory for Japan and carries a super-majority into parliament.

This is almost too much winning.

Almost.

… and to think, all of this fun began right here:

History can be exciting.  However, living inside history as it is created is AWESOME.

Oct 22 2017

Steve Bannon Speech To California GOP Convention…


Re-Posted from The Conservative Tree House on October 21, 2017 by

If you can get past the first barf-inducing five minutes where Alt-Ego Steve Bannon tells the audience how his incredible brilliance won the 2016 Presidential Campaign and saved a somewhat nice but generally weak candidate, Donald Trump, from certain crushing defeat…. if you can get yourself past that point of rewriting history (admission: I barely made it)… well, the rest of the speech seems worthwhile.

Oct 22 2017

Rajoy Continues to Act in the Spirit of Franco Warning Spain Cannot be Trusted?


Armstrong Economics Blog/European Union

Re-Posted Oct 22, 2017 by Martin Armstrong

Spain is showing that it truly remains a fascist state in the spirit of Franco and Rajoy plans to just seize Catalonia. Meanwhile, the Catalan citizens’ movement, Assemblea Nacional, is calling on all Catalans to withdraw all their money as much as possible from one of the five largest Spanish banks to increase pressure on Madrid, These include Caixa Bank, Bankia, Sabadell, BBVA and Santander. Americans supporting Catalonia are also urged to withdraw all funds from Santander in the USA.

Behind closed doors, many are becoming very disturbed by the action of Madrid. They fear this is spilling over as a contagion within Europe for populist movements. The election in the Czech Republic with the overwhelming vote against the EU many fear will be repeated next year in Italy and much of the finger-pointing behind the closed doors our sources are calling Rajoy a “f**king idiot” to directly quote some political sources.

Oct 22 2017

Macron’s Call to Federalize Europe


Armstrong Economics Blog/European Union

Re-Posted Oct 22, 2017 by Martin Armstrong

France’s President Emmanuel Macron is calling for a radical restructuring of the whole EU. Macron has presented his map for the EU into 2024. He is proposing that the Eurozone budget must include a joint force for military operations. Macron intends to finance this new budget with its tax – the “EU tax” he calls it.

Macron has looked at the numbers and see that France will go the way of Greece if something is not changed and soon. Macron hopes just to throw all the rotten eggs into one basket and hope nobody will notice. It’s the Three Musketeers – All for one; One for All just times 28.

Germany is still dominated by its misunderstanding of the Hyperinflation. Former Greek finance minister Yanis Varoufakis supports Macron’s federalist proposals on the euro single currency but believes only a real threat could make Germany budge on the issue. It has been Germany that opposed the consolidation of the debts to form the Euro. They are trying to remain isolated in their austerity posture refusing to budge on the debt consolidation, while at the same time they want the single currency to facilitate German exports eliminating foreign exchange risk among other members. They just cannot have it both ways.

The extent of Macron’s plan goes beyond just an EU Tax.  He also says that Europe is moving at “different speeds” and that those states which fall behind should not stand in the way of his proposals. He is calling for a European defense budget and a standard minimum rate for company taxes.

Macron has noted the high cost of taxing the rich. The Socialist agenda under Hollande imposed a wealth tax which drove 10,000 people with about 35 billion euros to flee the country. And that is just what they admit publicly. The tax was imposed on personal assets of more than 1.3 million euros is part of Macron’s reform, but the socialists are demanding they be taxes even more until they all leave one must assume.  As promised by President Emmanuel Macron in the election campaign, the tax will now only apply to real estate, meaning other forms of wealth such as shareholdings in companies will be exempted. Macron realizes that the French share market has one of the worst performance in Europe next to Greece. While the world is worried about bubble markets, Macron is concerned that new lows will unfold on the next crisis.

“When someone leaves the country because of the wealth tax… collectively all French lose.” But the Socialists just refuse to stop their hatred of the rich. Macron has abolished the wealth tax and the socialists are calling him the “President of the rich” and remain oblivious to reality.
More than fifty years ago, back in 1965, it was the French President Charles de Gaulle who withdrew his ministers from the Council of the EU, thereby constituting a de facto veto over all decisions, which became known as the “Empty Chair Crisis.” There were several issues regarding European political integration led to The Empty Chair Crisis. There was a push at that time to create the quasi-federalization of Europe. De Gaulle believed that national governments should move towards integration, but he did not agree with the Commission’s attempt to create some new super central state or a federalized Europe, extending powers of the EU beyond national borders as we have today, which Margaret Thatcher also opposed.
President Charles de Gaulle has proposed the Fouchet Plan was a plan back in 1961 to create a new grand design for Europe. Charles de Gaulle wanted to develop a three-power directorate, consisting of France, Britain and the United States. The idea was to form a new ‘Union of States’, as an alternative to the European Communities (EC). De Gaulle feared a loss of French national influence in the EC as there was a drive to federalize Europe back then.
After the failure of the Fouchet Plan and De Gaulle’s veto of the United Kingdom’s application for EC membership, the Commission attempted to move towards integration by proposing an idea that would combine the Common Agricultural Policy (CAP), the European Parliament, and Commission. De Gaulle supported the creation of the CAP and favored its enactment. However, he disagreed with the Parliament’s new role, the Commission’s strength, the shift towards federalization and a super central state, and the budget proposals for financing the CAP. De Gaulle made it a condition that majority voting with a right to veto must exist if France was to participate in the EC. When de Gaulle was denied a more intergovernmental Commission or voting and veto rights, the French representative left the Council of Ministers thereby creating the Empty Chair Crisis.
The Luxembourg Accord was an agreement reached in January 1966 to resolve the “Empty Chair Crisis” which had caused a stalemate within European Economic Community. Then on June 21, 1966, de Gaulle withdrew France in a shocking move taking its troops from the North Atlantic Treaty Organization (NATO). This decision led by French president Charles de Gaulle complicated relations between the U.S. and Europe amidst clashing American and Communist spheres of influence. Though France remained politically in NATO, its actions cast doubt on the organization’s future as a counter to Soviet military power and control back then.
Disagreement within the EU is by no means something new. We may yet see a political breakdown as the economy continues to spiral lower and the ECB bond-buying program has been transformed from an economic stimulus to simply life-support for government debts to try to keep interest rates from exploding and no bid for government debt.

Apart from the new EU tax, Macron did not make any funding proposals for his very far-reaching program. The FT reported his “wish list” and presented the most desired demands of Macron:

  • EU intervention group and budget by 2020
  • a European Intelligence Academy to train spies
  • a European civil protection group for responding to disasters
  • a European prosecutor for terrorism and organized crime
  • a European asylum seeker for the joint processing of claims, common procedures
  • a European border police
  • a carbon dioxide tax levied on imports into the EU
  • a European innovation agency for the investigation of artificial intelligence
  • EU subsidies to support the development of electric vehicles
  • Taxation of US tech companies with a tax on sales, rather than on profits
  • a larger EU budget to finance investments and dampen economic shocks
  • Review of agricultural policy and the new EU Food Authority
  • accelerated harmonization of corporation tax bases
  • gradual harmonization of corporation tax rates and social security contributions
  • a guaranteed minimum wage for each country
  • all young Europeans will be able to spend six months as a student or trainee in another EU country
  • Creation of European universities on the basis of networks of institutions
  • six-month series of national and local conventions to discuss the future of Europe
  • half of MEPs to EU Parliament is to come from EU-wide lists until 2024
  • a much smaller European commission, only 15 commissioners
  • a Europe of different speeds, to which Great Britain could also return
  • a new European prosecutor ensures that the competitors comply with the EU rules
  • a Franco-German cooperation agreement focusing on the harmonization of company regulation
Oct 21 2017

450,000 March in Spain After Government Announces Dissolution of Catalonia Regional Government…


Re-Posted from The Conservative Tree House on October 21, 2017 by

Hundreds of thousands of Spaniards took to the streets of Barcelona after the Spanish government announced they would dissolve the Catalonia Regional Government and hold new elections through an Article 155 declaration.

Article 155 allows Madrid to dissolve the Catalan regional government and force new elections, which Prime Minister Mariano Rajoy says will take place within six months. The PM insisted the move would not result in a loss of autonomy for Catalonia, but hundreds of thousands of pro-independence Catalans have taken to the streets in Barcelona in protest.

(Via UK Express) Prime Minister Mariano Rajoy’s Cabinet in Spain met this morning to agree to roll out hardline rules to penalise the breakaway region and impose direct rule.

Elections could be held in just six months as the government seeks to oust all those involved in the “illegal” referendum – including Catalan leader Carles Puigdemont who could even face jail for his role in the crisis.

But now Catalonia has hit back over his stinging rant, as calls for immediate independence erupt among fierce secessionists.  Supporters of independence had already called a demonstration in Barcelona this afternoon to protest the arrests of two Catalan activists accused of sedition.

However, the event has now changed its focus and is directing its anger at Madrid for triggering of Article 155.

Thousands of people have taken to the streets with cries of “independence” or “TV3 will always be ours” after the government took control of the Catalan broadcasting company – akin to Britain’s BBC.  (read more)

Broad Generalization Alert – The issue(s) are all internal to the specifics of Spain and the current conflict traces it’s past back to the time of General Francisco Franco and promises made thereafter.  The Catalonia secessionists are, generally speaking, left-leaning socialists and occupy an ideological space similar to the governing philosophy of the far-left-wing in California.

Simply for comparative purposes: If far-left Californians were to advance their current anti-Trump cause celéb and succeed from the U.S., the blends of secessionists and non-secessionists would break down similar to Catalonians -vs- Spaniards.

The larger Spanish electorate, the generally silent majority, is, well, silent; however, it’s generally accepted that most Spaniards want Catalonia to stay and not break-away into a fully antonymous region. (although some parts of Spain are reported to have previously held rallies in support of the region’s right to hold a referendum).

Democracy is challenged in this construct because the democrat majority of “all Spaniards” probably would not support secession; however, the democrat majority of just “Catalonians” likely support secession.  Which democractic group does the Spanish Prime Minister adhere to?

Therein lies the dilemma.

Spanish prime minister Mariano Rajoy, a 62-year-old from northern Galicia who studied law and has been in politics since his 20s, has vowed he will do everything in his power to stop Catalonia from seceding, but was previously vague on the details. Rajoy’s center-right Partido Popular has governed since 2011, when it won a landslide victory in the middle of the European debt crisis.

The current status reflects the more Prime Minister Rajoy pushes back against the secessionists, the more sympathy is generated toward their cause.