The rise in inflation is causing riots around the world and people are also fed up with corrupt governments everywhere. As our model has been forecasting, the rise in civil unrest is the precursor to the collapse of governments. This is people chasing the military who was protesting the Peru Government. As in the Russian coup when Yeltsin stood on the tank and told the troops not to shoot their own people, once the troops backed down, the coup collapsed. It all depends on the military and whose side do they defend – the people or the corrupt politicians as they have done in Venezuela. Civil Unrest is what unfolds at times as Revolution.
Posted originally on the CTH on December 21, 2022 | sundance
Democrats on the House Ways and Means Committee used an arcane law, well over 100 years old that permits the Chairman Committee, Chair Richard Neal (D-Mass.), to review the personal tax filings of any American, in order to obtain Donald Trump’s personal tax filings from the IRS.
However, even in the hands of the committee, strict privacy laws still applied to the tax filings unless the committee interceded and voted to make them public. That’s exactly what the Democrats in the committee did today with a party-line vote.
The Democrats have set a new precedent in congress for any party in power to demand the tax filings of any individual American and then release them to the public. When the Republicans take control of the committee in January 2023, will they demand the Tax returns of Barack Obama, or Hillary Clinton or Joe Biden, or Mark Zuckerberg, or Chuck Schumer, or Jeffrey Epstein, or Nancy & Paul Pelosi and then make them public?
WASHINGTON DC – House Democrats said they will release several years worth of former President Donald Trump’s tax returns in the coming days after a party-line vote Tuesday night to make the long-hidden filings public.
Lawmakers said it would take some time to first redact sensitive information from the documents, such as Trump’s Social Security number and address.
[…] Neal had sued for the filings under an arcane law allowing the heads of Congress’s tax committees to examine anyone’s returns.
Even once they were in Democrats’ possession, they continued to be protected by strict privacy laws. Lawmakers could get around that by voting to make them public, something that happened Tuesday evening in Neal’s committee, where lawmakers voted 24-16, along party lines, to release them. (read more)
START HERE ⇓ Make them live up to their own rules.
QUESTION: Marty, your Socrates predated Fink’s Aladdin by a decade. Blackrock’s stock dropped about 50% from 2007 into 2010 when Socrates got the whole crash right. It picked the very day of the high in 2007 and they were calling it on the floor Armstrong’s Revenge. Socrates called for a Directional Change here in 2022 and it was correct. Socrates is forecasting Aladdin. Cool!
Socrates has forecasted events years in advance. Nothing else does that. You warned at the WEC about the danger of a fund getting too big. My question is rather straightforward. Do you think that Fink’s influence can save Blackrock in the future?
ANSWER: Fink lost a ton of money before and left that firm. He is a good salesman, but I am a trader. I watched how the Hunt Brothers ended up in bankruptcy because their position in silver was too big and everyone knew it. If they tried to sell one ounce, the market assumed here it all comes and everyone and their 5th ex-wife jumped in front to sell. BlackRock is in a vulnerable position. It is TOO BIG and that may buy influence, but in a liquidity crisis, the danger becomes you are like the Hunts and everyone will front-run you.
The marketplace is so intricate and the regulators are corrupt, anything goes for there is no loyalty on the street – ask Lehman Brothers and Bear Sterns. I had the Aristotle Onasis estate precious metals positions I had to liquidate. He had the largest private holding of platinum in the world. It took me months to get approval from the CFTC just trade above exchange limits. When I got approval and called a dealer for a quote, everyone knew the position. Someone in the CFTC let their friends know.
Fink is on board with Schwab and preaches Stakeholder Capitalism. That philosophy was never Schwab’s but was born during the Great Depression before there were social programs from the government. It was a complete disaster and set the stage for the takeover boom of the 1980s.
I was advising many of the takeover players back then. I showed these charts and how the Dow bottomed in 1977 in terms of book value thanks to Stakeholder Capitalism. I showed clients we could buy companies, sell the assets, and double or triple the money. That became the genesis of the movie Wall Street with Michael Douglas.
It was Milton Friedman, back in 1970, who exposed how Stakeholder Capitalism was inefficient and stupid. It was a derivative of Marxism that took down Communism. He laid out that such a role was that of government, not corporations, whose #1 fiduciary obligation was to its shareholder. Under Schwab, I could say, “OK I will go public; everyone sends in money. I will give you shares in return and then say — OMG, there are people starving in Africa!” So, I decide to give 50% of all the profits to them and not my investors. This is Stakeholder Capitalism that Fink endorses thinking it is something Schwab has invented. Worse still, he has adopted that I believe to raise money from Schwab’s disciples. It Ain’t Capitalism – It’s Marxism!
The problem I see is that you simply cannot collect that much money to manage without becoming the elephant in the room. By the time we get to 2025, it does not look like any amount of influence will matter. Aladdin is not the same as Socrates. It cannot project out decades. Fink is specializing in high-frequency trading and ETFs. This will be very interesting in the next couple of years. He claims he is investing for the long-term so don’t judge him by the fluctuations. Those who said that in 1929, “HOLD”, lost 90%. It took 26 years for the Dow to return to the 1929 levels.
Posted originally on the CTH on December 19, 2022 | sundance
Twitter file release #7 comes from Michael Shellenberger and focuses on how the FBI specifically engaged with Twitter before, during and after the Hunter Biden Laptop story surfaced. [RELEASE HERE]
There are some interesting facets to the Shellenberger outline including his naming of the communications method, “Teleporter, a one-way communications channel from the FBI to Twitter, ” and Shellenberger’s identification of payments from the FBI to Twitter in order to cover the expenses related to the censorship they requested.
As Shellenberger notes on paragraph 46, “The FBI’s influence campaign may have been helped by the fact that it was paying Twitter millions of dollars for its staff time. “I am happy to report we have collected $3,415,323 since October 2019!” reports an associate of Jim Baker in early 2021.”
Overall, the Twitter file 7 release shows the FBI being well aware of the Hunter Biden laptop issue long before the fall of 2020 and taking specific action to mitigate any potential damage to the Biden campaign. The FBI was aware of the laptop in December of 2019, and the engagements with the social media platform were transparently proactive measures with political intentions.
The story weaves in and out of Washington DC and transfers the action items from DC to the San Francisco field office of the FBI where Elvis Chan was in charge of coordinating control over the content of the Twitter platform.
Factually, a solid argument could be made that this specific release shows how the FBI Russiagate effort against Trump needed to exit Washington DC following the 2016 election, and so the majority of FBI’s anti-Trump activity for 2020 shifted to San Francisco.
Washington DC DOJ, FBI and Intelligence Community efforts focused on protecting itself from discovery of their activity in 2015 and 2016, while San Francisco became the headquarters for FBI anti-Trump efforts targeting 2020. This location shift aligns with the datapoint of Russiagate FBI Agent Joseph Pientka transferring from DC to San Francisco; with Elvis Chan taking the place of Pientka as the targeting focused on social media platforms (Twitter, Facebook, Google, YouTube, Instagram, etc).
Former FBI Legal Counsel James Baker was fired after the Russiagate activity started to surface. Baker then becomes the General Counsel at Twitter, able to coordinate and receive ongoing FBI efforts. Baker would be positioned to influence Twitter executives to accept the FBI instructions as well as deflect any internal questions that might arrise about the platform being used as an extension of the FBI.
As noted by James Baker’s email in the file release, Baker also dissuaded the financial concerns by coordinating payments from the FBI to cover the internal costs to Twitter. The FBI was paying Twitter for influence and control operations and James Baker handled that transfer of funds.
On the financial side of the equation, I would be on the lookout for additional information about subsidies on the tech side of the platform operation. Specifically, data processing offsets for Twitter as a result of this DHS/FBI/ODNI relationship. My suspicion for multiple years has been that Twitter tech shifted from an open portal type connection (front of building) to Twitter actually operating on the backbone of DHS servers (back of building).
From the FBI San Francisco Field Office (SFFO) Special Agent Elvis Chan was coordinating the activity. Specifically, Elvis Chan was coordinating the overall FBI division influence operation of the DHS effort.
One rather stunning aspect to Chan’s role and responsibility, a point that highlights the importance placed on the FBI influence effort, showing the scale of Chan’s reach, was his ability to independently authorize security clearances for the Twitter executives based entirely on Yoel Roth just sending him a list of names.
This security clearance angle may explain why Twitter is currently concerned about releasing specific information related to the FBI “Teleporter” channel being outlined.
In summary, the Twitter File #7 release shows an active 2020 political operation conducted by the FBI in advance of the election mirroring the FBI operation in 2016 around the fraudulent Trump-Russia construct. The FBI is conducting domestic political intelligence operations on behalf of the United States government.
The FBI is essentially the soviet-era FSB.
Social media is under DHS surveillance, facilitated by platform partnerships and the FBI mission is based on the results. Domestic thought crimes and wrong-speak are a high priority.
Posted originally on the CTH on December 18, 2022 | Sundance
One thing I dislike immensely about republican punditry, specifically as it relates to internal dynamics, is their tribal narrative engineering. The example from Breitbart about President Trump’s discussion of the next speaker of the House is a case study.
Take out Matthey Boyle’s woven narrative; and remind yourself that Boyle is writing from a position of DeSantis advocacy; read just the direct quotes from President Trump about the risk of House Speaker if the party doesn’t align to support Kevin McCarthy, and the position is pragmatic.
Essentially, if not Kevin McCarthy, and the House vote is dependent on Democrat support, the result will likely be worse.
Just the Trump quotes: “I think it’s a very dangerous game that’s being played,” Trump said. “It’s a very dangerous game. Some bad things could happen. Look, we had Boehner and he was a strange person but we ended up with Paul Ryan who was ten times worse. Paul Ryan was an incompetent speaker. I think he goes down as the worst speaker in history. We took [out] Boehner—and a group of people, some of whom are the same, and they’re very good friends of mine. All those people are very good friends of mine.”
[…] ““Think of it—we ended up with Paul Ryan. Boehner was like Winston Churchill compared to Paul Ryan,” Trump said. “Boehner wasn’t perfect—nobody’s perfect—but Paul Ryan was a disaster for the Republican Party. That’s what we got. Now we have to live with him. He’s destroying Fox and he’s destroying the New York Post. We got to live with this maniac. This guy, Paul Ryan, couldn’t have gotten elected in his own area of Wisconsin. I went with him after I won the election and we had a tremendous crowd of people and they booed him off the stage. You remember that? They booed him off the stage. This guy is now telling Fox what to do.”
[…] “Look, I think this: Kevin has worked very hard,” Trump said. “He is just—it’s been exhausting. If you think, he’s been all over. I think he deserves the shot. Hopefully he’s going to be very strong and going to be very good and he’s going to do what everybody wants.”
[…] “Now, I’m friendly with a lot of those people who are against Kevin. I think almost every one of them are very much inclined toward Trump, and me toward them. But I have to tell them, and I have told them, you’re playing a very dangerous game,” Trump said. “You could end up with the worse situation. I don’t even want to say what it is, but I could tell you it’s a worse situation. You could end up with some very bad situations. I use the Boehner to Paul Ryan example. You understand what I’m saying? It could be a doomsday scenario. It could be. You could end up with somebody who would be a disaster like Paul Ryan was.” (LINK)
I see absolutely nothing ‘controversial’ in those statements.
President Trump is correct. The conservative House took down John Boener, the creepy and emotionally unstable 60-year-old sitting at the end of the bar who hits on your 21-year-old daughter. What came next was Paul Ryan, the current brother-in-law to radical SCOTUS Judge Ketanji Brown Jackson, and the Wisconsin politician married to a Democrat lobbyist.
Ryan then blocked any effort to hold the FBI accountable for their role in the 2016 election and the promotion of Russiagate. Then followed that obstruction with an intentional effort to lose the 2018 midterm election, while announcing his own resignation.
Kevin McCarthy might suck, but at least he sucks in a controlled environment.
I’m not a fan of Kevin McCarthy, few would dislike him more than I; however, in the final analysis who else has put their name in the hat and is going to -or could- get the entire republican caucus on their side?
The GOP only has a five-vote House margin.
It takes a simple majority to confirm the House Speaker.
What other method, candidate, representative or alternative position is there to take?
Posted originally on the CTH on December 17, 2022 | Sundance
During the Turning Point USA America Fest, Fox News contributor and #1 rated cable news host, Tucker Carlson is asked about Florida Governor Ron DeSantis and President Donald Trump. Who would Tucker Carlson endorse in the 2024 GOP primary? {Direct Rumble Link}
The answer Carlson delivers to that question is the best 9+ minute dialogue on both men you will hear. Referencing his recent interview with Mike Tyson, Tucker begins by outlining the baseline premise inherent in questions around endorsements. The essence of the question implies an individual’s opinion of their own self-importance, which Carlson eloquently explained is irrelevant.
Tucker then delivers a very accurate encapsulation of both leaders and frames the context for both amid a scenario that no one should predict. WATCH:
Posted originally on the CTH on December 17, 2022 | Sundance
As soon as this information gets mainstream, watch for an entire tribe of ‘conservative’ pundits to suddenly find advocacy for the benefit of billionaires controlling politicians. Indeed, there will likely be a benefit to bookmarking this post.
Against the backdrop of Florida Governor Ron DeSantis receiving 94% of his campaign support from multinational corporations, billionaires and Wall Street tycoons, there has been a debate about whether DeSantis would be a purchased GOP nominee for the presidency in 2024.
Based on current available evidence, the announcement of a 2024 presidential bid is a mere formality, likely to surface later in 2023, as all the background datapoints reflect the strategic and financial team behind Ron DeSantis have been positioning an announcement since late 2021. One visible datapoint has been his campaign office, specifically his then spokesperson Christina Pushaw, reaching out to a group of Florida influencers and organizing a meeting on January 6, 2022.
By the late spring of 2022 the branding and management of the pending Ron DeSantis presidential bid was strongly underway, and by early August 2022, not coincidentally timed with the FBI raid on Mar-a-Lago, after an unusual five days in a bunker, a new national campaign team was announced and launched. Everything from that national image launch has been carefully managed, organized and constructed.
With the Florida legislature set to change the law permitting DeSantis to run and remain as governor; and with the intentionally elevated profile and controlled national branding in place; the office of the Florida governor has transformed from a state executive focus to a launch vehicle for higher office. State policies and office advocacy now run through the priority prism of national politics, as the announcement of the DeSantis book launch is simultaneously positioned.
All of the datapoints flow in one direction, Desantis seeking the 2024 GOP nomination. None of the carefully managed policy points are contradictory to a national intention. However, the original question about who is controlling Ron DeSantis remains unanswered. It is with this specific outlook in mind that we can now find Governor Ron DeSantis’s perspective on donor money influencing politics by looking at how he answered this exact question in March 2014.
In March 2014 a young man asked exactly this question. During a Q&A session at Embry-Riddle University, then U.S.Congressman Ron DeSantis, representing Florida’s 6th District, was asked about money influencing politics. Within his answer we can gain an understanding of why 94% of Ron DeSantis donations are coming from the billionaire influence class.
Video prompted to 00:49:11 of the session, where Ron DeSantis says he feels limited campaign contributions are a problem. Congressman DeSantis says that billionaires should be permitted to fully fund political candidates, without limits, as long as the donations are fully transparent.
Beyond the view of billionaires being permitted to fund candidates for office, pay particular attention to the example that DeSantis uses regarding online sales taxes and his opposition to it. Within that specific answer you are about to see a major contradiction, that tells us something significant. WATCH:
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The K-Street lobbyists and campaign donors DeSantis is describing in the online tax example, are the Club for Growth types who wanted states to deliver national equality on the issue of state collection of online sales taxes.
Apparently, in 2014 Congressman DeSantis was willing to take the C4G donor money and yet not support the online sales tax that would hurt Florida consumers.
However, very quietly in April of 2021, Florida Governor DeSantis signed a law requiring all online businesses outside Florida to charge Florida sales taxes on products ordered by Florida residents. The online tax for Florida residents was projected to net an additional $1 billion in revenue for the state.
TALLAHASSEE, Fla. — Gov. Ron DeSantis very quietly and without much fanfare signed a new online sales tax bill into law Monday, requiring out-of-state retailers to collect and remit sales taxes.
[…] Under the law, “marketplace providers” that aren’t located in Florida will be required to remit sales taxes “when delivering tangible personal property” to consumers. (read more)
As you can see from the bigger picture issue of billionaires purchasing politicians, Florida Governor Ron DeSantis felt massive wealthy interests should be permitted to fund politicians. This is in line with his 2022 position of massive donations from billionaires, hedge fund managers, multinational corporations and Wall Street flowing into his campaign and Political Action Committee coffers.
Simultaneous with this 2022 increase in billionaire funding, DeSantis reversed his 2014 position on online sales tax collection for Florida residents, putting himself in direct alignment with Club 4 Growth and other K-Street lobbying groups he said would not influence his policy. DeSantis received $2,000,000.00 from Club 4 Growth.
Add in the endorsement of Paul Ryan (link), and Jeb Bush (link), and the Wall Street republicanism reemerges as the DeSantis platform.
Please help as I invest in mostly ETFs from Australia. I was getting USD exposure but now looks to be ending by Jan 1st, 2023.
I was Informed 2 days ago.
Could you do a post about this and any potential workarounds as I’d take a guess a lot of International clients would have a similar issue.
The US Internal Revenue Service (“IRS”) has issued a new provision under Section 1446(f) of the Internal Revenue Code (“IRC”) that primarily impacts non-US Persons who invest in US PTP Securities. With effect from 1 January 2023, non-US Persons will incur a 10% withholding tax on gross proceeds from sales or trading of US PTP Securities.
Regards Dean
ANSWER: This is once again the Biden Administration hunting every possible dime it can find while handing endless billion to Zelensky who may be on track to become the richest corrupt politician in the entire world. This is the notice going out to all foreigners investing in the once land of the free and home of the brave which has been downgraded to the land of the absolute fools without the hill. One bank has sent this to their clients trading in US ETFs.
Dear Customer,
Withholding Tax of 10% – Publicly Traded Partnership Interest (PTPs)
With effect from 1 January 2023, a 10% withholding will be imposed on sales and certain distributions associated with PTPs or exchange traded funds (ETFs).
PTPs trade like stocks on major U.S. and global exchanges and are often indistinguishable from equities, ETFs and other commonly traded instruments. It is critical that you understand these tax implications when you hold such PTPs and you should seek the appropriate professional advice if you are unsure of the contents of this email.
Background:
The Internal Revenue Code Section 1446(f) issued by the US Internal Revenue Service imposes rules relating to withholding of tax on transfers of Publicly Traded Partnership Interest (PTPs) and will take effect on 1 January 2023. The new rules consist of the following:
· All PTPs, including non-U.S. PTPs, are subject to the new requirements if they have gains that are effectively connected with a trade or business within the United States.
· 10% withholding will be applied to sales and certain distributions associated with PTPs. (Please note that where there is any existing withholding tax being applied today, for example to other distributions, those will continue to be applied with no change/ no reduction)
Please visit _____ official website > Notices for more details.
If you have any further questions, please email us or call our Customer Service line.
Section 1446 (see link) is part of a segment of the Code that governs withholding on nonresident aliens and foreign corporations.
Section 1446 itself deals with withholding on foreign partners who have income that is effectively connected with the US through a partnership. Section 1446(f) adds a withholding requirement that applies to the disposition of partnership interests, but it does not apply if the selling partner provides an appropriate affidavit:
“No person shall be required to deduct and withhold any amount under paragraph (1) with respect to any disposition if the transferor furnishes to the transferee an affidavit by the transferor stating, under penalty of perjury, the transferor’s United States taxpayer identification number and that the transferor is not a foreign person.”
I.R.C. § 1446(f)(2)(A).
I doubt that section 1446 applies here, as my understanding is that ETFs are taxed as registered investment companies, not as partnerships. But I am not an accountant or a tax lawyer. My reading on this text suggests that this turns on the definition of an ETF which is clearly not a partnership.
Those who are being harassed by various banks should contact their legal departments and demand their interpretation as to why suddenly an ETF is a partnership. I would love to see what explanation they have provided to apply this tax. If there is some other code they are overlapping or how they are coming up with this or are they acting out of sheer overcaution? If they will not provide an explanation, I suggest you close the account ASAP or wire out all funds until you find another firm.
AOC’s four year in the making Documentary of fighting for Climate Change was a complete flop. It debuted in movie theaters around the country and took in $10,000 averaging $80 per movie theater. Of course, the leftist media hail the film, and it was the worst debut of any film in history.Just maybe people are becoming WOKE – walking up to the real propaganda.
California has infected the United States as a whole for its insane policies have led to contagions that have unleashed a serious crime wave nationwide. Just Google “Shoplifting in San Francisco” and you will find more than 100,000 hits. This has become a real contagion spreading nationwide. You will also find many YouTube videos showing people just walking in and stealing whatever they want. This has escalated to whole gangs walking into an SF Walgreens or CVS and actually emptying the shelves. They are not prosecuted and they just walk out. At least one thief rode their bike into the store and departed the same way.
What is erupting is many current and former CEOs have issued warnings that this crime wave in California has spread to New York and many other cities. They are warning that this increase in retail thefts across the United States will contribute to INFLATION forcing higher prices, but it is also impacting areas as stores just give up and close. In fact, in June of 2021, nearly 50% of small businesses remained closed. Walgreens has been closing down stores in San Francisco on a grand scale. Between this and all the illegal aliens learning they do not have to pay for things in San Franciso, what was a nice safe city has turned into a place that is no longer the hot spot for tourists.
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
Centinel2012 