Happy Thanksgiving!


Posted originally on the conservative tree house November 24, 2022 | Menagerie

This one’s for you WeeWeed.

Can Society Ever Learn for its Mistakes?


Armstrong Economics Blog/AI Computers Re-Posted Oct 25, 2022 by Martin Armstrong

QUESTION #1: Hi Martin
Do you ever wish Socrates was wrong? Sometimes I do!
All the best
Maria

QUESTION #2: Marty; I have been following you since the Nineties. You have never been wrong, or should I say, Socrates. I also know how you have saved many companies since I was there at the board meeting ——–. I also know you have tried your best to influence Washington, and have resigned yourself to giving up. Do you think that Socrates could ever be wrong?

PM

ANSWER: I have simply taken the view that it is better to see a punch coming than to be sucker-punched. The world will not end. It is merely indeed a Great Reset which I think Schwab has taken from our model. He is trying to make it happen and push the outcome in his direction. Schwab is just an old academic. They theorize things rather than try to discover how things function. Smith tried to figure out how it worked. Marx tried to change how it worked. That remains the difference between Klaus and me.

Yes, I have tried to get through to those in power in vain. They turned to Klaus because of his way they got more power. They would have to surrender power if they chose my way. I can wish the outcome would be different – of course. Perhaps when I am gone, someone will champion what I have discovered like Smith during the post-2032 era. As individuals, we learn from our personal experiences. Our problem is that society repeats history because it is incapable of ever learning from past mistakes as an individual. Leaders are replaced, and never do they reflect upon the past. They all have some idea they assume it’s always new.

We need to create a system that learns from the past. Perhaps something like Socrates, where you ask it a question, and it returns an unbiased answer. Perhaps then society, just for once, could actually advance instead of moving two steps forward and three back.

So yes, I wish Socrates would be wrong. But on the other hand, I also realize that is impossible until society can learn from its past mistakes like a child and retain that knowledge to advance society – just once!

Jim Cramer on Bear Stearns (2008)


Armstrong Economics Blog/Economics Re-Posted Sep 20, 2022 by Martin Armstrong

This is a reminder of why I warn against listening to the talking heads. Unlike advanced AI software, these mouthpieces speak from a biased perspective. On March 11, 2008, Jim Cramer told his audience on CNBC’s “Mad Money” that “Bear Stearns was fine!” At the time, the stock was going for $62 before crashing down to $2 only five days later.

When a viewer wrote in to Cramer to ask about Bear Sterns experiencing a liquidity crisis, Cramer shouted: “NO, NO, NO! BEAR STEARNS IS FINE! DO NOT TAKE YOUR MONEY OUT! If there’s one takeaway, Bear Stearns is not in trouble.” He added, “I mean, if anything, they’re more likely to be taken over. Don’t move your money from Bear. That’s just being silly. Don’t be silly.”

Cramer later tried to claim he never said to buy the stock, but was simply discussing the banking sector. He was trying to prevent a panic, he claimed. In reality, this man has repeatedly made poor calls, yet still remains on air. His screaming tirades are interrupted by commercials and his show is nothing more than the QVC of stocks.

Cramer is an entertainer. Even if I were to go on TV and make forecasts solely from my own viewpoint, I would be doing a disservice to my audience. If you’re looking for true analysis, then there is only one tool that is unbiased and capable of tracking every market around the world.

Late Queen Elizabeth II to be Removed from Currencies


Armstrong Economics Blog/BRITAIN Re-Posted Sep 13, 2022 by Martin Armstrong

As in late times, as rulers come and go, the currency changes to reflect the change of power. In ancient Rome, for example, they would announce the coming of a new emperor on the coinage. The Romans used the reverse of their coinage as newspapers announcing victory, great building projects as the opening of the Colosseum, or political events such as the destruction of tax records by Emperor Hadrian recording one of the earliest tax amnesty events. Pictured here is the famous “Eid Mar” denarius of Brutus (85-42 BC), announcing he killed Caesar on the Ides of March in 44 BC.

Queen Elizabeth’s death will also cause numerous changes in currency. “Current banknotes featuring the image of Her Majesty The Queen will continue to be legal tender,” the Bank of England said shortly after her passing. The Royal Mint is continuing to “strike coins as usual” and has not announced when they plan to replace her image with the newly appointed Kings Charles III. The currency was updated five times during her rule to reflect the natural aging process. There are currently 4.7 billion UK banknotes in circulation worth an estimated 82 billion pounds ($95 billion). These bills will circulate for years to come as it takes an extensive amount of time to swap out currency.

The United Kingdom is not the only one who now must change its currency. Queen Elizabeth II broke the Guinness Book of World Records for being the longest reigning monarch after sitting on the throne for over 70 years. She also made history by appearing on more currencies than any other living monarch. At least 33 countries feature currency with the late queen’s image. Some countries removed the queen’s image decades ago after gaining independence. Jamaica replaced her image in 1966 with Marcus Garvey, while Bermuda changed its banknotes to feature native animals. Trinidad and Tobago also replaced her image with a coat of arms.

Canada, Australia, New Zealand, Belize, and many others will need to update some of their currency. While the UK is refraining from making a statement until after the 10-day mourning period, other nations have explained their plans. The Reserve Bank of New Zealand, for example, said, “All coin stock for a denomination showing the Queen will be issued before new stock goes out with her successor’s image. This is a few years away.” The central bank said that it would be “wasteful” to shorten the lifespan of the existing currency in circulation, but they do plan to transition to currency featuring the new king in “several years.” The bank is also concerned that a rapid transition could affect its liquidity due to supply chain disruptions or sudden demand.

All existing currency with the queen’s image is valid and legal tender. It takes years for the currency to change, as it is an expensive and gradual process.

President Trump MAGA Rally, Wilkes-Barre Pennsylvania, 7:00pm ET Livestream Links


Posted originally on the conservative tree house on September 3, 2022 | Sundance 

A lot has happened since President Trump last held a MAGA rally.  As noted by his account on Truth Social, the president has a lot to say about recent events involving the DC political and justice system intended to target himself and the American people who support America-First.

Tonight’s rally is in Wilkes-Barre/Scranton Pennsylvania and President Trump’s remarks are scheduled to begin at 7:00pm ET, with pre-rally speakers ongoing.  The crowd is massive, as shown earlier by RSBN, as MAGA patriots from around the region are supporting President Trump in his epic battle against a corrupt political swamp.

RSBN Livestream Link – Trump Campaign Livestream – Alternate Livestream Link

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President Trump CPAC Introduction Video


Posted originally on the conservative tree house on August 7, 2022 | sundance 

This was the introduction video for President Donald Trump before his CPAC speech. {Direct Rumble LinkEnjoy

President Trump Keynote Address CPAC 2022 – 6:30pm Livestream


Posted originally on the conservative tree house August 6, 2022 | sundance 

President Trump will be delivering the final keynote address to the CPAC audience in Dallas, Texas today.  The anticipated start time is 6:30pm ET.

Livestream below {Direct Rumble Link}:

Missouri Primary Election Tomorrow, President Trump to Endorse Republican Senate Candidate Today


Posted originally on the conservative tree house on August 1, 2022 | Sundance 

The Missouri primary election is tomorrow.  President Trump announced on Truth Social, that he will be making an endorsement today.

Republican Senator Roy Blunt is retiring and the top three candidates to replace him are former Governor Eric Greitens, Attorney General Eric Schmitt and U.S. Representative Vicky Hartzler.

The field of candidates also includes Congressman Billy Long, attorney Mark McCloskey and state Senate President Pro Tem Dave Schatz.  However, Schmitt, Greitens and Hartzler are considered the frontrunners.   It’s late in the race, but the endorsement from the great MAGA king will likely determine the winner.

The Great MAGA King Donald J Trump Dominates TPUSA Poll For 2024 With 79%, DeSantis 19%,


Posted originally on the conservative tree house on July 24, 2022 | Sundance

Joe Biden officially declared that Donald J Trump is “the Great MAGA King,” during a speech last month.

Well, according to the latest polling results from the Turning Point USA, Student Action Summit, a new generation would agree with Biden.  Donald Trump wins the 2024 straw poll with 79% support. The next closest candidate was Florida Governor Ron DeSantis with 19%, and all other candidates are asterisks.

(Via Fox News) – Tampa, Fla.– Former President Donald Trump dominated the 2024 GOP presidential nomination straw poll at the Turning Point USA Student Action Summit Sunday, Fox News has learned.

TPUSA polled conference attendees—youth activists from around the country—who they would vote for in 2024 if Trump decided to launch another White House run. The straw poll was sponsored by Turning Point Action, the affiliated 501(c)(4) of TPUSA. 78.7% attendees said they would vote for Trump.

19% said they would vote for Florida Gov. Ron DeSantis, 1% said they’d vote for South Dakota Gov. Kristi Noem, 0.5% said they’d vote for former Secretary of State Mike Pompeo; 0.3% said they would vote for Sen. Ted Cruz, 0.3% said they’d vote for former Amb. Nikki Haley; and 0.3% said they’d vote for former Vice President Mike Pence.

Trump spoke at the conference Saturday night, hinting at a 2024 run. His speech was the keynote on the second day of the Turning Point USA Student Action Summit. Trump’s speech followed one Friday night by DeSantis, who’s considered along with Trump one of the foremost potential GOP 2024 contenders. (read more)

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Why We Celebrate The Fourth of July


Posted originally on the conservative tree house on July 4, 2022 | Menagerie

The colonies had been in conflict with England for over a year in June of 1776. A Continental Congress convened in Philadelphia on June 7 of that year. Richard Henry Lee from Virginia offered up a resolution with these now famous words:

“Resolved: That these United Colonies are, and of right ought to be, free and independent States, that they are absolved from all allegiance to the British Crown, and that all political connection between them and the State of Great Britain is, and ought to be, totally dissolved.”

Lee’s words spurred the drafting of the Declaration of Independence. A committee of five was appointed to draft a statement making the case for the colonies, a statement to the world of the intent and the reason behind that intent.

Members of the Committee were John Adams of Massachusetts, Roger Sherman of Connecticut, Benjamin Franklin of Pennsylvania, Robert R. Livingston of New York and Thomas Jefferson of Virginia. Jefferson took on the task of actually drafting the document as we know it today.

The Continental Congress reconvened on July 1, 1776, and on the following day, the resolution for independence by Lee was adopted by 12 of the 13 colonies, with  New York not voting. Minor changes were made to the Jefferson document.

Work on the document continued through July 3 and into the afternoon of July 4, when the Declaration was officially adopted by the Congress. Of the 13 colonies, nine voted in favor of the Declaration, two — Pennsylvania and South Carolina — voted No, Delaware was undecided and New York again abstained.

As we all know, John Hancock, President of the Congress made his signature large enough for King George to read “without his spectacles.”

IN CONGRESS, July 4, 1776.
The unanimous Declaration of the thirteen united States of America,

When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. – That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, – That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security. – Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.

He has refused his Assent to Laws, the most wholesome and necessary for the public good.

He has forbidden his Governors to pass Laws of immediate and pressing importance, unless suspended in their operation till his Assent should be obtained; and when so suspended, he has utterly neglected to attend to them.

He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.

He has called together legislative bodies at places unusual, uncomfortable, and distant from the depository of their public Records, for the sole purpose of fatiguing them into compliance with his measures.

He has dissolved Representative Houses repeatedly, for opposing with manly firmness his invasions on the rights of the people.

He has refused for a long time, after such dissolutions, to cause others to be elected; whereby the Legislative powers, incapable of Annihilation, have returned to the People at large for their exercise; the State remaining in the mean time exposed to all the dangers of invasion from without, and convulsions within.

He has endeavoured to prevent the population of these States; for that purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new Appropriations of Lands.

He has obstructed the Administration of Justice, by refusing his Assent to Laws for establishing Judiciary powers.

He has made Judges dependent on his Will alone, for the tenure of their offices, and the amount and payment of their salaries.

He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance.

He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures.

He has affected to render the Military independent of and superior to the Civil power.

He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation:

For Quartering large bodies of armed troops among us:

For protecting them, by a mock Trial, from punishment for any Murders which they should commit on the Inhabitants of these States:

For cutting off our Trade with all parts of the world:

For imposing Taxes on us without our Consent:

For depriving us in many cases, of the benefits of Trial by Jury:

For transporting us beyond Seas to be tried for pretended offences

For abolishing the free System of English Laws in a neighbouring Province, establishing therein an Arbitrary government, and enlarging its Boundaries so as to render it at once an example and fit instrument for introducing the same absolute rule into these Colonies:

For taking away our Charters, abolishing our most valuable Laws, and altering fundamentally the Forms of our Governments:

For suspending our own Legislatures, and declaring themselves invested with power to legislate for us in all cases whatsoever.

He has abdicated Government here, by declaring us out of his Protection and waging War against us.

He has plundered our seas, ravaged our Coasts, burnt our towns, and destroyed the lives of our people.

He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation and tyranny, already begun with circumstances of Cruelty & perfidy scarcely paralleled in the most barbarous ages, and totally unworthy the Head of a civilized nation.

He has constrained our fellow Citizens taken Captive on the high Seas to bear Arms against their Country, to become the executioners of their friends and Brethren, or to fall themselves by their Hands.

He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages, whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions.

In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people.

Nor have We been wanting in attentions to our British brethren. We have warned them from time to time of attempts by their legislature to extend an unwarrantable jurisdiction over us. We have reminded them of the circumstances of our emigration and settlement here. We have appealed to their native justice and magnanimity, and we have conjured them by the ties of our common kindred to disavow these usurpations, which, would inevitably interrupt our connections and correspondence. They too have been deaf to the voice of justice and of consanguinity. We must, therefore, acquiesce in the necessity, which denounces our Separation, and hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.

We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these Colonies, solemnly publish and declare, That these United Colonies are, and of Right ought to be Free and Independent States; that they are Absolved from all Allegiance to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved; and that as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do. And for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes and our sacred Honor.

The complete list of those who signed were:
John Hancock (president of the Continental Congress), Josiah Bartlett, William Whipple, Matthew Thornton, Samuel Adams, John Adams, Robert Treat Paine, Elbridge Gerry, Stephen Hopkins, William Ellery, Roger Sherman, Samuel Huntington, William Williams, Oliver Wolcott, William Floyd, Philip Livingston, Francis Lewis, Lewis Morris, Richard Stockton, John Witherspoon, Francis Hopkinson, John Hart, Abraham Clark, Robert Morris, Benjamin Rush, Benjamin Franklin, John Morton, George Clymer, James Smith, George Taylor, James Wilson, George Ross, Caesar Rodney, George Read, Thomas McKean, Samuel Chase, William Paca, Thomas Stone, Charles Carroll of Carrollton, George Wythe, Richard Henry Lee, Thomas Jefferson, Benjamin Harrison, Thomas Nelson, Jr., Francis Lightfoot Lee, Carter Braxton, William Hooper, Joseph Hewes, John Penn, Edward Rutledge, Thomas Heyward, Jr., Thomas Lynch, Jr., Arthur Middleton, Button Gwinnett, Lyman Hall, and George Walton.

Check out this link for the sobering fate of many of those who so pledged their lives, fortunes, and sacred honor. [H/T to TheOriginalG-d&Country for this source.]

Those are the facts about our Declaration of Independence, the history that we as school children have learned since the creation of this great nation that we celebrate, that we love and honor so.

Usually we humans can’t adequately find words to express our own sentiments, let alone those of a nation and successive generations to come, but Jefferson and that Continental Congress did just that.

The words have stood throughout several centuries as a clarion call for freedom, for breaking free of tyranny, for men to put aside their individual causes and join together to battle for the right of every man, woman and child together to become a people united in goal and resolve.

Today as we celebrate, today as we pledge allegiance to a flag that has gone from 13 stars to 50, may we remember not only the sacrifice, but the resolve. May we honor not only the words, but the unity and deeds of our forefathers. May each of us dig deep into our hearts and work out our differences for the betterment of our nation and our children and grandchildren.

Say a prayer for America today. Rekindle hope today. Honor the past by determining the future.

Please remember that this is a post in honor of our Independence Day. No political content, no rants, so slamming the other side. Today we are just Americans, honoring our country and each other.