QUESTION: Reviewing the private blog, at the end of 2016 on December 31 you wrote “When it comes to the Euro, the Major Yearly Bearish Reversal lies at 10365 and the intraday low for 2016 was 10352 closing the year at 10513. This too warns that we may not be ready to meltdown just yet.” You called for the Euro rally into the German elections but it did not reach the 125 and stopped at 120. Then for the close of 2017 you wrote on the private blog: “On our Yearly Models, we have had THREE Directional Change targets all back-to-back from 2017 to 2019. From a technical perspective, we achieved an outside reversals to the upside in the Euro making 2017 the low but closing above the 2016 high. We never quite reached our target in the 125 level, so it appears we still have time to do this here in the coming New Year.” You also wrote: The year-end signals we achieve in the Euro for the closing of 2017 will be significant for the overall tone of what is to come reflecting how fast things will develop. Our models are reflecting a sharp rise in volatility in 2018 as well.”
My question is this. With three yearly directional changes from 17 to 19, I assume this means choppiness. Your volatility models show a sharp rise in 2018 as well. Do you think we can really reach the 128 or 135-140 level by March?
HS
ANSWER: In order to create the greatest amount of chaos, you always have to swing to extremes. If we are going to really create total havoc that will bring down the monetary system as we head into 2021 and force some sort of a new Bretton Woods, the only way to do that is a dollar rally. A dollar decline means sovereign debts issued by other nations in dollars will be devalued encouraging them to issue more. The way to break the system is only a dollar rally which forced Roosevelt to devalue the dollar back in 1934 and it forced the Plaza Accord in 1985 that gave birth to the G5. The US always wants a lower dollar to reduce the trade deficit. This is Trump’s policy as well. The market will NOT be that forgiving.
A rising Euro will increase the debt burden in Europe and deflation reducing exports. Ending QE by the ECB will result in rising interest rates. But that is always a bell curve. What people constantly get wrong is the classic one-dimensional analysis. They assume whatever trend is in motion will remain in motion. Rising interest rates will always at first support a currency as should be expected with the Euro short-term. However, that will be the trend provided the confidence in government remains. If confidence collapses, then suddenly the interest rates will continue to rise exponentially and the currency will collapse along with asset values.
The high in US interest rates took place in 1899, It was 1896 when J.P. Morgan had to bail out the US Treasury because they were broke. Following America gaining control of the Philippines as part of the ending of the Spanish-American War, in 1899 the Philippines declared war against the United States requiring independence from America. The war continued until 1902 when the Philippine President Emilio Aguinaldo surrendered. In 1916, the United States granted the Philippines autonomy and promised eventual self-government, which came in 1934. In 1946, following World War II, the Philippines was granted full independence. The fact that the USA was at war with Spain led to questions of its ability to cover its finances. The USA nearly doubled the output of $20 gold coins during 1898 and 1899 to pay for expenses of the war. When confidence declined, this is when we see the highest levels of interest rates.
This is what will happen in Europe. It is all depending upon the fleeting whims of confidence. Only a complete fool thinks that a trend set for a few days will continue forever. Nevertheless, the first level is the technical resistance just below 124. Then we have 125 and 12890. These remain possible and will help to create the impression the euro will rally and the dollar will collapse. That will suck everyone in and then you have the stage set for the slingshot in the opposite direction.
We should see the flurry build once the Downtrend Line is exceeded. Then you will hear the big sucking sound bringing in all the dollar haters and we then set the stage for crazier choppy trends.
This is NOT going to be an easy people between 2018 and 2021. So hang on to your socks. This will be a very interesting time. The key is to survive it.
QUESTION: Mr. Armstrong; You have been calling for the dollar to decline against the Euro and it should test the 125 level. Do you see the dollar continuing to decline which then breaks the back of Europe with deflation and then everything flips?
WK
ANSWER: Last year was an outside reversal to the upside meaning it made a new low since 2008 reaching 10341 and then closed above the 2016 high. That confirmed we should see a lower dollar in 2018 and our target in the 125 level has been slow in coming. There is no reversal of fortune without a closing above 140. Our minimum target was 12570 with the next forming at 12890. Thereafter, we reach the major resistance in the 135-140 zone. The technical resistance begins just shy of 124.
The Euro is rallying because the ECB is seen to be abandoning its QE program which has failed. The rush to the Euro is the assumption that with higher rates, at last money will come home. We still have a minefield of political issues. Creditors are dissatisfied with the lack of austerity in Greece as well as Italy. Our critical turning point remains March 2018.
The crisis yet to unfold is will there be buyers of European debt to take up what the ECB has been buying? This is part of our forecast with rising rates and the more they rise the worse the budget will get. There is just no way out of this crisis without serious reform. So people rushing into the Euro thinking this is a turn-around long-term for the dollar will be shown that the old saying fools rush in where wise men never go will be carved in stone.
Dan Bongino does a great job in this interview. Sara Carter, plays the role of controlled opposition. Carter shiftily helps Hillary Clinton deal with her “Dossier Problem“.
Unfortunately, but not unpredictably, Sara Carter begins deploying deep state ‘countermeasures’ from her ‘sources’ that are telling her Fusion GPS, Christopher Steele and Hillary Clinton was hoodwinked by a comprehensive Russian disinformation campaign; carried out by professional Russian intelligence agents; who duped the Clinton Campaign into THINKING Trump was a proxy political agent of Russia.
Ergo,… the ever patriotic Clinton campaign had no other option, except to do their civic duty, and inform the FBI of the Russian claims… and that led to the entire FBI operation investigating candidate Donald Trump. Thankfully, Donald Trump wasn’t a Russian spy.
Well, there’s the trial balloon narrative from those at risk within the Deep State Clinton group, and there’s Sara Carter testing it out for them:
Why does the DOJ leak to Sara Carter? Remember the text messages leak?
When the weather goes against Global Warming, they flip it into volatility and claim cold is now the byproduct of Global Warming. Al Gore’s environmental group, Penn State University climate scientist Michael Mann wrote, “the unusual weather we’re seeing this winter is in no way evidence against climate change,” it’s “an example of precisely the sort of extreme winter weather we expect because of climate change.”
They offer no evidence that human have caused climate change, just constant opinion. Only they can possibly be right and dismiss any evidence that points to such rapid declines pre-1850. The frozen woolly mammoths discovered in Russia completely frozen and intact with plants still in their stomachs have long made many ponder just how fast the planet can freeze.
When woolly mammoths began to be discovered intact and frozen in Siberia back in 1772, this changed science forever. The sudden bitter cold took place long before humans were around driving cars. As always, such evidence is always ignored. This is the real inconvenient truth they cannot explain so it is best just to pretend it does not exist.
Some people have written in asking will Toronto or Chicago suddenly emerge under a sheet of ice without notice? The evidence from Siberia suggests that yes it can happen in the blink of an eye. However, there is no recorded history which we could put into the computer to answer that question in a precise manner.
This is the known record so far. This is very approximate and it is plotted in terms of millions of years. We really cannot make an accurate forecast that Chicago or Toronto would suddenly find itself under a sheet of ice in days, weeks, months, or years. What is certain overall is the trend. We are headed toward a bitterly cold period ahead. Does that mean we will see glaciers down into Spain or Texas? That may very well be the case, but we are also looking at a time frame measured in millions of years, which is not relevant to our immediate lifespan.
Taking this data and assuming 450 million years ago was a good date target, there is a 72-million-year cycle the computer has determined from this data set. Therefore, it would appear that we are headed toward the biggest glacial period in the history of the planet. However, we are probably looking at that in about 30 million years. Nevertheless, it will get colder in our lifespan and this initial bout with getting colder should be moving into 2028. You will still need heating pads and warm clothes if the power grids hold up.
The biggest problem with this cold is the fact that the environmentalists have stopped coal-generated power and they are not so fond of nuclear. Solar panels work if not covered in snow and wind turbine will freeze in place. That leaves wood and coal burning stoves. This winter in New England, found power companies struggling to provide power to meet the demands. Ironically, people like Al Gore and Michael Mann may end up responsible for killing more people than any war. Yes you can die from too much heat, but you can also die from too much cold
COMMENT: Mr. Armstrong; The economy is in a poor state at best because the government just does not know how to manage the state and this proxy war with Saudi Arabia is draining everything here in Iran. What is your view on the economy going forward?
REPLY: The lifting of economic sanctions under the 2015 nuclear deal with the USA did not result in any improvement in the Iranian economy. Iran’s economy has simply remained stagnant at best for we are in an overall economic contraction now into 2020. Inflation is running above 10% in Iran while many basic food items like eggs are up over 40%. Still, some 3 million people remain unemployed. The economic conditions since the Islamic Revolution have simply left about 35% of Iranians living below the official poverty line.
The protests in Iran are being instigated by economics as they are in Europe. The young Iranians, in general, are growing increasingly frustrated by corruption in government combined with economic mismanagement. Protests and instability are likely to continue over the next few years because of the government, like most others, is simply interested in retaining power – not reform.
Last night on Fox News at Night with Shannon Bream, there was an interesting segment with a relatively unfamiliar face. Policy Advisor and Author, Sidney Powell, appeared on the show to discuss the concluding DOJ Inspector General, Michael Horowitz, aspects to the current congressional investigations.
A very well briefed, and interestingly up-to-date, Mrs. Powell appears at 30:19 of the video discussion below. WATCH (prompted – just hit play):
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All indications are Mrs. Powell was the author of the curiously correct Sean Hannity article “Creeps On A Mission” we enthusiastically noted last night – SEE HERE.
It provides optimism to see the full scale of accurate information being assembled by voices behind media pundits who can inform their audience on what is to come.
In the first week of March 2016 an exclusive list of top tech executives, billionaires, donors and influence agents gathered at a secretive meeting with key leaders of the Washington system known collectively as ‘The Swamp‘. The meeting took place at an exclusive enclave in Sea Island Georgia. The Sea Island group was not defined by a political party, their commonality is power and influence. The purpose of the 2016 meeting was to formulate a plan to destroy the candidacy of Donald John Trump.
Candidate Donald Trump represented an existential threat to a decades-built power and influence structure. There were/are trillions of dollars at stake. One of the tools used by those in positions of power and influence is ‘leverage’.
Do we really think those in control of the FBI and DOJ began using and distributing information gleaned from FISA702 NSA database searches for the first time in 2016 against Donald Trump?
Do we really think the enterprise of gathering, reviewing, then weaponizing government collected information, began with the candidacy of Donald Trump? Do we really believe that 2016 was the first and only time those who hold power within government conspired with, and paid, outside affiliated interests to protect themselves and their system?
Are we to believe Donald Trump was the first and only target of this process?
No.
What is likely to be revealed, much further down the road of consequence from where Devin Nunes is today, is a system of powerful people using access to this information as a tool to deploy historic leverage against any entity threatening their interests.
Perhaps, just perhaps, beyond the currently visible horizon is a story far larger than we are aware of. A story of how corruption, power, influence and leverage, has controlled the actions of public officials for a long time…. Behind FISA-702 is a Pandora’s Box.
On October 13th 2016, in response to the coordinated institutional attacks upon his campaign, presidential candidate Donald Trump delivered a speech that defined his moment in our nation’s history.
Candidate Donald Trump wrote most of this speech. Part of that speech was put to a video. The entire transcript of that speech is linked below.
Pay close attention to the prescience within it. …It’s uncanny:
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[ Transcript ] […] Our movement is about replacing a failed and corrupt political establishment with a new government controlled by you, the American People. There is nothing the political establishment will not do, and no lie they will not tell, to hold on to their prestige and power at your expense.
The Washington establishment, and the financial and media corporations that fund it, exists for only one reason: to protect and enrich itself.
The establishment has trillions of dollars at stake in this election. As an example, just one single trade deal they’d like to pass, involves trillions of dollars controlled by many countries, corporations and lobbyists.
For those who control the levers of power in Washington, and for the global special interests they partner with, our campaign represents an existential threat.
This is not simply another 4-year election. This is a crossroads in the history of our civilization that will determine whether or not We The People reclaim control over our government.
The political establishment that is trying everything to stop us, is the same group responsible for our disastrous trade deals, massive illegal immigration, and economic and foreign policies that have bled this country dry.
The political establishment has brought about the destruction of our factories and our jobs, as they flee to Mexico, China and other countries throughout the world. Our just-announced jobs numbers are anemic, and our gross domestic product, or GDP, is barely above one percent. Workers in the United States, were making less than they were almost 20 years ago – and yet they are working harder.
It’s a global power structure that is responsible for the economic decisions that have robbed our working class, stripped our country of its wealth, and put that money into the pockets of a handful of large corporations and political entities.
Just look at what this corrupt establishment has done to our cities like Detroit and Flint, Michigan – and rural towns in Pennsylvania, Ohio, North Carolina and across our country. They have stripped these towns bare, and raided the wealth for themselves and taken away their jobs.
The Clinton Machine is at the center of this power structure. We’ve seen this firsthand in the WikiLeaks documents in which Hillary Clinton meets in secret with international banks to plot the destruction of U.S. sovereignty in order to enrich these global financial powers.
And, likewise, the emails show that the Clinton Machine is so closely and irrevocably tied to media organizations that she is given the questions and answers in advance of her debates. Clinton is also given approval and veto power over quotes written about her in the New York Times. And the emails show the reporters collaborate and conspire directly with the Clinton Campaign on helping her win the election.
With their control over our government at stake, with trillions of dollars on the line, the Clinton Machine is determined to achieve the destruction of our campaign, which has now become a movement the likes of which our country has never seen before – and we won’t let them do that.
The most powerful weapon deployed by the Clintons is the corporate media. Let’s be clear on one thing: the corporate media in our country is no longer involved in journalism. They are a political special interest, no different than any lobbyist or other financial entity with an agenda. And their agenda is to elect the Clintons at any cost, at any price, no matter how many lives they destroy.
For them, it is a war – and for them, nothing is out of bounds.
This is a struggle for the survival of our nation. This election will determine whether we are a free nation, or whether we have only the illusion of Democracy but are in fact controlled by a small handful of global special interests rigging the system.
This is not just conspiracy but reality, you know it, and I know it.
The establishment and their media enablers wield control over this nation through means that are well known. Anyone who challenges their control is deemed a sexist, a racist, a xenophobe and morally deformed. They will attack you, they will slander you, they will seek to destroy your career and reputation. And they will lie, lie and lie even more.
The Clintons are criminals. This is well-documented, and the establishment that protects them has engaged in a massive cover-up of widespread criminal activity at the State Department and Clinton Foundation in order to keep the Clintons in power. Never in history have we seen such a cover-up as this, one that includes the destruction of 33,000 emails, 13 phones, laptops, missing boxes of evidence, and on and on.
People who are capable of such crimes against our nation are capable of anything.
[…] But I take all of these slings and arrows for you. I take them for our movement, so that we can have our country back. Our great civilization, here in America and across the civilized world, has come upon a moment of reckoning.
We’ve seen it in the United Kingdom, where they voted to liberate themselves from global government and global trade deals and global immigration deals that have destroyed their sovereignty.
But the central base of world political power is here in America, and it is our corrupt political establishment that is the greatest power behind the efforts at radical globalization and the disenfranchisement of working people.
Their financial resources are unlimited. Their political resources are unlimited. Their media resources are unlimited. And, most importantly, the depths of their immorality is unlimited.
Our political establishment has no soul. I knew these false attacks would come. I knew this day would arrive. And I knew the American people would rise above it and vote for the future they deserve.
The only thing that can stop the Corrupt Clinton Machine is you. The only force strong enough to save this country is you. The only people brave enough to vote out this corrupt establishment is you, the American People.
They control the Department of Justice, and they even clandestinely meet with the Attorney General of the United States – in the back of her airplane, while on the runway – for 39 minutes – to most likely discuss her reappointment in a Clinton Administration just prior to the Attorney General making a decision over whether or not to prosecute Hillary Clinton.
Likewise, they have corrupted the Director of the FBI to the point at which stories are already saying the great men and women who work for the FBI are embarrassed and ashamed to what he’s done to one of our great institutions.
Hillary Clinton is guilty of all of the things that Director Comey stated at his press conference and Congressional hearings, and far more – and yet he let her off the hook, while others lives are being destroyed for far less.
This is a conspiracy against you, the American people.
This is our moment of reckoning as a society and as a civilization.
I didn’t need to do this. I built a great company, and I had a wonderful life. I could have enjoyed the benefits of years of successful business for myself and my family, instead of going through this absolute horror show of lies, deceptions and malicious attacks. I’m doing it because this country has given me so much, and I feel strongly it was my turn to give back.
Some people warned me this campaign would be a journey to hell. But they are wrong, it will be a journey to heaven because we will help so many people.
In my former life, I was an insider as much as anybody else – and I know what’s like to be an insider. Now I am being punished for leaving their special club and revealing to you their great scam. Because I used to be part of the club, I’m the only one who can fix it. I’m doing this for the people, and this movement is just right – and we will take back this country for you and Make America Great Again.
The corrupt establishment knows that we are an existential threat to their criminal enterprise. They know, that if we win, their power is gone and returned to you. The clouds hanging over our government can be lifted, and replaced with a bright future – but it all depends on whether we let the New York Times decide our future, or whether we let the American people decide our future.
If this Clinton Campaign of Destruction is allowed to work, then no other highly successful person – which is what our country needs – will ever again run for this office.
I will not lie to you. These false attacks hurt. To be lied about, to be slandered, to be smeared so publicly and before your family, is painful.
What the Clinton Machine is doing to me, and my family, is egregious beyond words. It is reprehensible beyond description.
But I also know, it’s not about me – it’s about all of you. It’s about all of us, together, as a country.
It’s about the Veterans who need medical care, the mothers who’ve lost children to terrorism and crime, it’s about the inner cities and the border towns who desperately need our help, it’s about the millions of jobless Americans. This election is about the people being crushed by Obamacare, and it’s about defeating ISIS and appointing Supreme Court Justices who will defend our Constitution.
This election is also about the African-American and Hispanic communities whose communities have been plunged into crime, poverty and failing schools by the policies of Hillary Clinton. They’ve robbed these citizens of their future, and I will give them their hope, jobs and opportunities back. I will deliver.
This election is about every man, woman and child in our country who deserves to live in safety, prosperity and peace.
We will rise above the lies, the smears, and the ludicrous slanders from ludicrous reporters.
We will vote for the country we want.
We will vote for the future we want.
We will vote for the politics we want.
We will vote to put this corrupt government cartel out of business. We will remove from our politics the special interests who have betrayed our workers, our borders, our freedoms, and our sovereign rights as a nation. We will end the politics of profit, we will end the rule of special interests, we will put a stop to the raiding of our country – and the disenfranchisement of our people.
Our Independence Day is at hand, and it arrives, finally, on November 8th. Join me in taking back our country, and creating a bright and glorious new dawn for our people.
Unless the professional praetorian media apparatus can find another ‘sh**hole’ to hide behind, next week is shaping up to be a VERY bad week for Democrats:
The U.S. DOJ Has Begun Taking down the low hanging fruit on the Uranium One Tree – SEE HERE
The Inspector General, Michael Horowitz, Has Begun releasing a years-worth of Investigative Documents to the House Judiciary Committee – SEE HERE
(Great job Dave)
For those that are paranoid about the DOJ/FBI leadership and want to view them as an adversary that is fine. IT WILL MAKE NO DIFFERENCE. Even if they were opposed to cleaning up (which they are not) they are between a rock (IG) and a hard place (Congress) and will comply. (more)
Even Sean Hannity has discovered the BIGGER STORY behind the OIG Report – HERE
And Chairman Devin Nunes is now openly telling his colleagues in congress that the Obama, Lynch and Comey DOJ and FBI FISA violations are beyond their imaginings:
(Via Fox) House Intelligence Chairman Devin Nunes told Republican colleagues in two closed-door meetings this week he has seen evidence that shows clear “abuse” of government surveillance programs by FBI and Justice Department officials, according to three sources familiar with the conversations, raising more questions about whether the controversial anti-Trump dossier was used by the Obama administration to authorize surveillance of advisers to President Trump.
The California Republican made his comments in private meetings with GOP colleagues as he tried to round up votes in favor of renewing a key section of the Foreign Intelligence Surveillance Act, known as Section 702, which eventually passed in the House on Thursday.
That part of the law specifically gives the U.S. government the power to get access to communications, such as emails or phone calls, of foreigners outside the United States who may be plotting a terrorist attack but does not allow the government to target Americans.
[…] Nunes said he would “read all 435 members of Congress into major abuses with other areas of FISA and will read members in ASAP” on those problems, according to one of the three sources familiar with the conversations. (read more)
It is a very good sign that Chairman Nunes is making these assertions publicly IN ADVANCE of Asst. Attorney General Rod Rosenstein sending him some of the KEY FBI and DOJ officials for questioning.
If the Intelligence Committee(s) and Judiciary Committee(s) are fully briefed on the FISA-702 misuse, in advance of the witnesses appearing to testify, regarding the full scope of the corruption, the hearings are certain to be filled with fireworks, self-preservation testimony and leaks even with the proceedings taking place behind closed doors.
Far too many people have now seen the evidence and even the redacted evidence is jaw-dropping in consequence. The BIG UGLY has begun; and the presentations by OIG Michael Horowitz have not yet reached sunlight.
Pg 83. “FBI gave raw Section 702–acquired information to a private entity that was not a federal agency and whose personnel were not sufficiently supervised by a federal agency for compliance minimization procedures.”
During Comey’s last year of tenure, someone inside the FBI was giving FISA-702 search results on U.S. individuals to a private entity that had nothing to do with government. Those 702 (American Citizen) results were not “minimized” and exposed the private data of the American citizen(s).
In addition, NSA Director Mike Rogers, who is also in charge of Cyber Command, discovered people within the intelligence community were doing “searches” of the NSA and FBI database that were returning information that had nothing to do with “Foreign Individuals”.
In April 2016 Mike Rogers requested a full FISA-702 Compliance Review.
As an outcome of that review, the DOJ/FBI compliance officer noted FISA violations. Again, the FISA Court (page 84):
Renegade “private contractors”, with access to raw FISA information on FBI storage systems, delivering results of their database searches to outside government entities?
We do not know how many FISA-702 violations took place prior to NSA Mike Rogers initiating the full FISA-702 review in April 2016. Nor do we know who the insider FBI individuals were; or what results were passed on; or what was done with the results…
U.S. authorities believe from at least 2009 to October 2014 Mark Lambert (pictured below left) and other company executives, including Daren Condrey, conspired to bribe Vadim Mikerin, an official at the Russian State Atomic Energy Corporation subsidiary (TENEX), in order to secure contracts for transporting nuclear fuel.
Daren Condrey plead guilty in June 2015 to conspiracy to violate the Foreign Corrupt Practices Act (FCPA) and wire fraud. Condrey likely flipped on his former partner, Mark Lambert. [Mr. Condrey is awaiting sentencing, according to the Justice Department.]
(U.S. Dept. of Justice) […] Mark Lambert, 54, of Mount Airy, Maryland, was charged in an 11-count indictment with one count of conspiracy to violate the Foreign Corrupt Practices Act (FCPA) and to commit wire fraud, seven counts of violating the FCPA, two counts of wire fraud and one count of international promotion money laundering.
The charges stem from an alleged scheme to bribe Vadim Mikerin, a Russian official at JSC Techsnabexport (TENEX), a subsidiary of Russia’s State Atomic Energy Corporation and the sole supplier and exporter of Russian Federation uranium and uranium enrichment services to nuclear power companies worldwide, in order to secure contracts with TENEX.
The case against Lambert is assigned to U.S. District Court Judge Theodore D. Chuang of the District of Maryland.
According to the indictment, beginning at least as early as 2009 and continuing until October 2014, Lambert conspired with others at “Transportation Corporation A” to make corrupt and fraudulent bribery and kickback payments to offshore bank accounts associated with shell companies, at the direction of, and for the benefit of, a Russian official, Vadim Mikerin, in order to secure improper business advantages and obtain and retain business with TENEX.
In order to effectuate and conceal the corrupt and fraudulent bribe payments, Lambert and others allegedly caused fake invoices to be prepared, purportedly from TENEX to Transportation Corporation A, that described services that were never provided, and then Lambert and others caused Transportation Corporation A to wire the corrupt payments for those purported services to shell companies in Latvia, Cyprus and Switzerland.
Lambert and others also allegedly used code words like “lucky figures,” “LF,” “lucky numbers,” and “cake” to describe the payments in emails to the Russian official at his personal email account. The indictment also alleges that Lambert and others caused Transportation Corporation A to over-bill TENEX by building the cost of the corrupt payments into their invoices, and TENEX thus overpaid for Transportation Corporation A’s services. (read more)
Teacher Deyshia Hargrave was questioning the school board how they can vote to give the superintendent a raise when school employees have not gotten a raise in years. A policeman from the parish Marshal’s Office told her to leave the room. He shut down her freedom of speech to even ask a question in a respectful manner. He ordered her to step outside, pushed her to the ground, and then arrested her dragging her out in handcuffs.
The question this presents is why are police officer lacking any training about human and constitutional rights. Far too many seem they believe they are supreme in their authority and need not answer to anyone. This evolves because judges are not defending the constitution as a whole. There are no checks and balances anymore. What happened to “We the People” in this modern day?
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
The high in US interest rates took place in 1899, It was 1896 when J.P. Morgan had to bail out the US Treasury because they were broke. Following America gaining control of the Philippines as part of the ending of the Spanish-American War, in 1899 the Philippines declared war against the United States requiring independence from America. The war continued until 1902 when the Philippine President Emilio Aguinaldo surrendered. In 1916, the United States granted the Philippines autonomy and promised eventual self-government, which came in 1934. In 1946, following World War II, the Philippines was granted full independence. The fact that the USA was at war with Spain led to questions of its ability to cover its finances. The USA nearly doubled the output of $20 gold coins during 1898 and 1899 to pay for expenses of the war. When confidence declined, this is when we see the highest levels of interest rates.
This is what will happen in Europe. It is all depending upon the fleeting whims of confidence. Only a complete fool thinks that a trend set for a few days will continue forever. Nevertheless, the first level is the technical resistance just below 124. Then we have 125 and 12890. These remain possible and will help to create the impression the euro will rally and the dollar will collapse. That will suck everyone in and then you have the stage set for the slingshot in the opposite direction.
Centinel2012 