Global Market Watch Window to the World Interconnectivity


COMMENT: Mr. Armstrong, I have been on Socrates for about one year now on what you now call your standard edition. I have to say, you have done an amazing job of programming. To have a computer simply provide a comment that is short and to the point that you can look at the whole whole at your finer tips, is the most fantastic tool I have ever encountered. Its calls just on the Dow Jones have saved me countless multiples of the cost of service and I am a small investor. This is what you are expanding to over 5,000 instruments worldwide?

REPLY: Yes. The Global Market Watch was originally designed for hedge fund use and was inspired by one of our major institutional clients back in 1995. They did not have the time to read a written report on everything in their portfolio. They wanted a quick cheat-sheet that was visually a view of their portfolio. We use to sell this for $250,000 annually. However, since we are looking to simply open up Socrates to the world in hopes that it will ultimately help politically manage the economy rather than constantly shooting from the hip, the best way to prove the world is interconnected is to let everyone see for themselves.

Analysis is also changing. You still have the huxtsers who make up flashy headlines to sell stuff that is just opinion. Those days are fading. Under new EU Rules, investment banks charged fees for doing business and they gave you the research free if you did business with them. Indeed, that is how I started. The research was free as long as you were a client back in the days when I was a market-maker. When I retired, the clients still wanted the research. That was the beginning of our firm. Bit reports were delivered by telex so the communication costs would often reach $250,000 annually. That is why we were institutional only. Then came fax. The cost to deliver dropped from $50 to $3. Now we have the internet and the cost to deliver is basically zero.

We have institutions buying access per 100 for employees. For you see, research is changing. Under the new rules, research must be paid for separately. The London FT reported:

“Under draft rules published by the commission, the EU’s executive arm, last month, the fund industry’s decades-long practice of lumping together the fees they pay investment banks and brokers for research and trading will come to an end. Instead, for the first time, asset managers in Europe will have to make it clear to investors exactly what they are paying for.”

We have more people and institutions signing up than anyone would imagine. One bank just took 250 subscriptions for employees. Research has to be separate and accountable. It cannot be lumped in any more. Major institutions do not read the huxtsers who offer just opinion and all sorts of claims for they do not cover markets every day of a major scale. They also do not tell the press what they are doing until AFTER the fact. This is the only product like this in the world.

The Global Market Watch was designed as a wind into the inter-connectivity of the world. It does not matter if you are investing in India or Singapore and Greece. Being able to cover the world in a consistent manner that is completely computer driven so there is no human interaction and opinion is the key to the future. All other analysis will eventually die out and become obsolete. We live in a global economy and this domestic restricted view is primitive to say the least no much different from those who refused the believe that the Earth was not the center of the universe or the the Earth was no fla

Money Rushing in Emerging Markets & Europe – Really?


QUESTION: Martin; it seems the Emerging Markets are back in favor just as interest rates are on the rise and their dollar borrowings have exploded. Is this the final bubble that is unfolding? When the WSJ writes about a trend it is usually the end. They are noting that significant flows of funds are now going out of the US and into Europe. Is this time to sell the emerging markets and Europe? Picking up the rug here in Berlin, nothing seems to have really changed. Any comment?

ANSWER: Yes, the move back to Europe after the French election seems to be the relief rally that is always the case for hot money. The Emerging Market debt bubble is what I wrote about a few days ago that the rush to emerging markets has seen an explosion in new debt offerings. This is very alarming. People act like you should short the US stock market and buy Emerging Markets. You really have to wonder if they understand the global economy at all. The willingness of investors to buy debt securities is rooted in these bearish forecasts for U.S. equities. But the bulk of this is really desperate pensions funds who are in search of higher yields. This is by no means the start of some new Emerging Market boom of prosperity.  It reminds me of Andrew Melon’s comment when the stock market began to decline in 1929 before the bond meltdown in emerging markets back then: “Gentlemen buy bonds!”

The fool will jump in with both feet as always. You need people to buy the highs. The US equities have been in a sideways consolidation since February and their greatest vulnerability is Trump’s stupid firing of Comey that the Democrats are calling a Constitutional Crisis. Trump should have been wiser than this. The danger is this distraction holds off any tax reform for that has been the underpinning to the US equities.

A friend of mine was Chief of Staff in the White House years ago. We went to dinner after he won the position. He was so optimistic that he would be able to accomplish a lot. He knew my view he would never get to anything by the end of the day. After he left the White House we went to dinner. I said nothing. He burst out and said alright you SOB, I never got to a single thing I wanted to change. That is Washington for you. Trump’s greatest flaw is he fails to understand that. Stupid moves like firing Comey are costly. They will eat up time and delay everything if not block tax reform. Congress loves to investigate every leaf that falls to the ground and assign blame even in the middle of a wind storm. That’s just the way it goes in that city. Trump handed them a controversy on a gold platter.

As far as money rushing back to Europe, yes, there was the parking of money here for fear of the French election. But this is nothing more than a short-term knee-jerk reaction. European growth has nothing to offer long-term but higher taxes.

The US share market has been unable to make a significant correction and the numbers remains the same. The surge into emerging markets has been taking place over the past year and this has been the desperate search for higher yields. This is a bubble that is very dangerous and smells like the Russian one back in 1998.

The only way to bring about real economic change remains a rising dollar – not a lower one. That will kill the emerging markets. The US share market remains flat-to-lower and only a breakout to new highs will signal the next leg up. The main area to watch is the 20000 level in the Dow on a weekly closing basis.

Not a single European bank parking money at the Fed through their US branches have reversed that trade. Not a single major player among our clients has been a buyer of Emerging Market debt in this bubble. So the flows written about by the WSJ are indeed the tail-end and not some major brand new trend emerging

The Coming Central Bank Crisis


 

I have warned that whenever a government creates a solution to any crisis, that solution becomes the next crisis. This is what I have called the Paradox of Solution.The unfolding of the exit of the central banks from the Quantitative Easing monetary policy will become a much more serious threat to the financial markets than anyone suspects. The Federal Reserve has already exited and begun to raise rates while also announcing it will NOT be reinvesting the money when the government debt they bought expires. The Federal Reserve is already shortening their balance sheet. Bills of $426 billion will be due at the Fed in 2018, and again about $357 billion a year later. So the Fed will not repurchase that debt. The US economy is absorbing this because US dollars are effectively the only real reserve currency in the world right now.

The real problem lies with the European Central Bank (ECB) and the Japanese central bank and when they exit their Quantitative Easing programs, their economies are not the reserve currency and lack a solid bid from international capital. The end of QE will lead to a sharp increase in yields on the bond markets, and thus the financing costs for the states will explode far more rapidly today than at any time in past history. It is also possible that other sectors of the financial system, such as the stock markets and the foreign exchange markets in peripheral economies to the USA, will be cast into turmoil experiencing great difficulties without the financial support of the central banks.

Since 2008, the Bank of Japan recorded an increase of 107 trillion yen. The ECB has more than doubled its balance sheet from EUR 2 trillion to EUR 4.1 trillion and holds 40% of member state debt while tensions rise against the EU. The crisis emerges when governments, who are the ones who have been subsidized since 2008, find no bid for their paper. This will really send rates upward at a rapid pace.

As central banks appeared as omnipotent purchasers of government bonds to the un-savvy trader, the yields of the debt by no means reflect the risk of a default in the country’s payments. The decline in yields masked the rising risks from fiscal mismanagement that has been widespread.

While the Federal Reserve had recently announced that it would no longer reinvest its gains on government bonds that had matured into new US securities, the US bond market will need to find new buyers to absorb the additional supply. That may not be a problem right now, but as other government debt moves into crisis, we will see the capital flight from bonds to equities unfold.

The balance sheets of both the Japanese central bank and the ECB are unlikely to follow the Fed just yet. A withdrawal of the ECB’s purchases of securities could produced the most widespread damage in Europe since the Dark Ages.

IMF Proposed a Capital Levy – Tax on Money in Bank Accounts & Raise Property Taxes


The International Monetary Fund (IMF) is always the cheerleader to raise taxes to support government. They are instructing Germany to raise taxes and also talking about just imposing a 10% tax on all money that deposits in banks throughout Europe. Yes – you read that one correctly.

The IMF has told Germany it should raise its property tax, cut social welfare contributions and invest more to reduce income inequality. The demands are contentious in an election year. Once again the IMF has demanded higher taxes on savings deposits in Germany. Germany must do more for to raise taxes to impose more socialistic idea to somehow tax the rich to create a broader participation of all citizens in the fruits of economic growth, if somehow raising taxes actually ever creates economic growth. The IMF warns that there is a relatively high tax burden on lower incomes with a comparatively low burden on assets.

The IMF argues for higher taxes on property  are in fact necessary and that the government should demand higher wages to also give impetus to the growth in Germany, yet this is magically creating no inflationary impact. Years ago, Italy simply imposed a tax on money in one’s account. This was called a “capital levy”. This was a one-time charge as an exceptional measure to restore the sustainability of the debt. The IMF is also suggesting that measure be invoked to help the coming Sovereign Debt Crisis. The attractiveness of such a measure is that such a one-time tax can be levied before a tax evasion can even occur, especially if cash is eliminated and money can only exist in bank accounts. This requires the belief that this measure is unique and never repeated.

The IMF has already calculated how much the measure would cost every Eurozone citizen:

“The amount of the tax would have to bring the European sovereign debt back to the pre-crisis level. In order to reduce the debt to the level of 2007 (for example in the euro area countries), a tax of about 10 percent is needed for households with a positive asset. “

As you can see, there is NEVER any discussion about reducing taxes or the size of government. The solution is always to raise taxes and to not even look at the old Italian trick of a 10% seizure of all cash in your account. We highly recommend to diversify to assets that are MOVABLE and not subject to taxation merely to possess.

Macron’s Victory May Be Disaster for Merkel


Angela Merkel was the first phone Emmanuel Macron made after the election.  My point about the election for Macron was the worst possible outcome for the Euro was not just reflected in yesterday’s outside reversal to the downside. Merkel has already made it clear that she will not relax  Eurozone spending rules to help Macron. The defeat of Le Pen has sealed the fate of Europe because there will be no reflection upon how to reform the EU to save Europe.

Only a sublime idiot would now think everything in Europe will be just great. We are looking at a major hard landing for Europe. Keep in mind that local governments even in the USA are doomed for all they can do is raise taxes further crushing their population and destroying their own economy.

Nonetheless, there is a lifetime in politics between the May victory for the establishment in France with Macron who cannot possibly help calm France and the election of Merkel in the fall. The biggest disappointment of Obama was being the first Black President, hopes were so high for a real change. When everyone saw he did the same thing as Bush, this set the stage for the Trump victory. Republic or Democrat offered nothing.

Our computer was correct in forecast the mainstream political parties in France would be defeated. That took place. Now the expectations are so high for Macron to change things, when the French people realize he is the same as what they had under Hollande, the backlash can still come before the German elections. The civil unrest in France is unbelievable. The tension there you can cut in the air with a knife.

Macron will fail and with him, the dream of Brussels.

Macron Hacked – But it Looks Like Anti-Establishment Anti-Soros Movement


Emmanuel Macron and his staff were the target of a major co-ordinated computer hack on Friday night with only 48 hours before the election. This is similar to the cyberattacks that hit the Democratic Party during Hillary Clinton’s presidential campaign last year. Macron’s campaign announced Friday that tens of thousands of its internal emails and documents were leaked to the public via a file-sharing website Pastebin. The government has ordered that the French media is not aloud to publish the content of any messages to make sure the truth remains hidden. Mainstream media is following suit even outside of France. Some nine gigabytes of data were posted by a user called EMLEAKS to Pastebin, a document-sharing site that allows anonymous posting.  They posted: (see below)

The similarity with the DNC hack raises the question if this is part of a collapse in government confidence because the targets in the Clinton and Macron incidents were clearly against”establishment” and anti-democratic forces. The DNC and Macron supporters clearly have one thing is common – maintain the status quo and no real change to government.

It was on June 14, 2016, when Crowdstrike published a study commissioned by the DNC, in which they accused the Russian government of breaching the DNC’s computer systems. They have a debatable track record and I would not take them seriously. In fact, I highly question any real ability to trace a professional hack. When we were being attempted to hack into our systems back in 1999, we traced it to Langley, Va, but to do so it had to be live. Trying to trace who was trying to get in after the fact was pointless, and all we could do was trace it to a location. After the fact, it is impossible to trace for one can relay the origin around the world.

Of course everyone is again blaming Russia. This is raising a much more deeper issue. Is this really part of the rising civil unrest and not Russia? It’s not like there is no anti-establishment/anti-Soros movement. The politicians call it “populism” but that is what they all call any anti-government movement whenever government becomes too correct. Here is a cartoon from 1896 showing William Jennings Bryan as the Populist Presidential Candidate of the Democratic Party.

Putin himself has come out publicly in support of maintaining the EU. Everyone blames Russia and even claimed Putin supported BREXIT, Newsweek reported: “If you search Putin’s speeches or official statements since the official announcement of the British referendum in February 2016, you won’t find any mention of it.” Indeed, there is no indication that Putin wants to see the EU break apart either. A search of his comments produces the opposite result, which tends to make sense. There is no advantage to having the EU fall apart to Russia, but it may actually present greater risks.

It is popular to blame Russia for everything. That was an Obama strategy to deflect criticism about the content of the leaks from the DNC. The press has been touting Putin conspired with Trump to beat Hillary. The top Democratic member of the Senate Intelligence Committee,California Sen. Dianne Feinstein, says she has yet to see any evidence of collusion between Donald Trump advisers and the Russian government. Nevertheless, all the mainstream media continue to imply Putin and Trump conspired yet they never discuss the contents of the Podesta emails revealing how corrupt the DNC really was.

Macron is coming out and claiming there are fake documents being released. This seems to be a desperate measure and he hopes he will win so he does not have to verify anything he says. How can someone read 9 gigs of data in less than 30 minutes to claim they include some fakes? But there is something deeply wrong here. It seems doubtful that any documents incriminating Macron are fake. None were fake in the Podesta email hack. So if this is a common source being Russia, then why fake documents with Macron but not Podesta?

The hack is real and the incriminating evidence shows the same disdain for the French people as the Democrats had for the American people. What they reveal is clearly the conspiracy of the “establishment” to sell out the French people just as the Democrats did in 2016.

Macedonia 3-26-2017

The source of the hack is more of an anti-establishment anti-Soros movement that is building globally. Many people see this as a war against Soros and his attempt to recreate the world in his own vision. I have warned that I too oppose Soros, and I believe he is trying to fund civil unrest on a global scale.

Soros is allegedly behind funding civil unrest in Poland and Hungary and countless other places including the United States. Perhaps with hindsight we will see that Soros is trying to take over France.

 


Torrent Files

1)https://archive.org/download/Pierrpersongmail.com.7z/Pierrpersongmail.com.7z_archive.torrent
2)https://archive.org/download/langannerch/langannerch_archive.torrent
3)https://archive.org/download/quentin.lafay/quentin.lafay_archive.torrent
4)https://archive.org/download/Cedric.oen-marche.fr/Cedric.oen-marche.fr_archive.torrent
5)https://archive.org/download/Alaintourretgmail.com/Alaintourretgmail.com_archive.torrent
6)https://archive.org/download/Box_pierrpersongmail.com/Box_pierrpersongmail.com_archive.torrent
7)https://archive.org/download/xls_cedric/xls_cedric_archive.torrent
8)https://archive.org/download/Macron_201705/Macron_201705_archive.torrent

Zip/RAR Files

1)https://archive.org/download/Pierrpersongmail.com.7z/pierrperson@gmail.com.7z
2)https://archive.org/download/langannerch/langannerch.rar
3)https://archive.org/download/quentin.lafay/quentin.lafay.rar
4)https://archive.org/download/Cedric.oen-marche.fr/cedric.o@en-marche.fr.rar
5)https://archive.org/compress/Alaintourretgmail.com/formats=RAR&file=/Alaintourretgmail.com.zip
6)https://archive.org/download/Box_pierrpersongmail.com/box_pierrperson@gmail.com.rar
7)https://archive.org/download/xls_cedric/xls_cedric.rar
8)https://archive.org/compress/Macron_201705/formats=RAR&file=/Macron_201705.zip
Two smaller files with no ZIP/RAR

1)https://archive.org/download/Pierrpersongmail.com_drive.part2/Pierrpersongmail.com_drive.part2_archive.torrent
2)https://archive.org/download/Pierrpersongmail.com_drive.part1/Pierrpersongmail.com_drive.part1_archive.torrent

 

Obamacare Finally Repealed


TAX CUT

The American Health Care Act (HR 1628) finally passed by the House yesterday reducing taxes on the American people by over $1 trillion. The bill abolishes the most abusive taxes taxes imposed by Obama and the Democrat party back in 2010 known as Obamacare. The Democrats helped the insurance companies and burdened the youth trying to force them to pay for insurance they did not need to get insurance companies to cover people they would not.

Obama as a presidential candidate back in 2008, had promised repeatedly that he would NOT raise any tax on any American earning less than $250,000 per year. That was an outright lie. As always, they claim they will only tax the rich, but it never end up that way.

Antonin ScaliaIn KING v. BURWELL, 576 US –  (2015), the Supreme Court upheld Obamacare claiming it was a tax. There was no constitutional power for Congress to punish someone who did not buy health insurance. The only way to uphold such a power was under the taxing powers. Justice Scalia wrote in his dessenting opinion:

The Act that Congresspassed provides that every individual “shall” maintain insurance or else pay a “penalty.” 26 U. S. C. §5000A. This Court, however, saw that the Commerce Clause does not authorize a federal mandate to buy health insurance. So it rewrote the mandate-cum-penalty as a tax.

With the repeal of Obamacare, tens of millions of middle income Americans will get tax relief from Obamacare’s long list of tax hikes that have oppressed so many. The taxes that will be abolished are:

  1. The Obamacare Individual Mandate Tax which hits 8 million Americans each year.
  2. The Obamacare Employer Mandate Tax. Together with repeal of the Individual Mandate Tax repeal this is a $270 billion tax cut.
  3. Obamacare’s HSA withdrawal tax. This is a $100 million tax cut.
  4. Obamacare’s 10% excise tax on small businesses with indoor tanning services. This is a $600 million tax cut.
  5. The Obamacare health insurance tax. This is a $145 billion tax cut.
  6. The Obamacare 3.8% surtax on investment income. This is a $172 billion tax cut.
  7. The Obamacare medical device tax. This is a $20 billion tax cut.
  8. The Obamacare tax on prescription medicine. This is a $28 billion tax cut.
  9. Obamacare’s Medicine Cabinet Tax which hits 20 million Americans with Health Savings Accounts and 30 million Americans with Flexible Spending Accounts. This is a $6 billion tax cut.
  10. Obamacare’s Flexible Spending Account tax on 30 million Americans. This is a $20 billion tax cut.
  11. Obamacare’s Chronic Care Tax on 10 million Americans with high out of pocket medical expenses. This is a $126 billion tax cut.
  12. The Obamacare tax on retiree prescription drug coverage. This is a $2 billion tax cu

When There is no Justice – It is Time To Turnout the Lights


Just-us

QUESTION: Mr. Armstrong; I am a law student in London and have reviewed your case after going to the premier here in London of the Forecaster. My professor said your case was “stitched up” and is indicative of how corrupt the American judicial system has become. They ordered you to turn over assets, refused to ever define what those assets are to prevent any compliance, and then when the bank pleads guilty and agreed to return all the money, they simply said there was another fraud without ever charging you with anything. How can the American press simply refuse to ever tell the truth? Is this indicative of American justice?

BW

ANSWER: Sadly to say yes. The US government cannot be sued, only the agents of the government. Consequently, those in the Justice Department are not forthcoming about admitting a mistake. I do not believe that a prosecutor should be able to bring charges. There should be a panel set up where every prosecutor presents his case to them and they are the one’s who bring an indictment. That would remove the personal liabilities.

Wilson Edwin PaulEdwin Paul Wilson (1928 – 2012) was a former CIA and U.S. Naval Intelligence officer who was convicted in 1983 of illegally selling weapons to Libya. His daughter fought to get documents to prove he worked for the government uncovered. When one agency caught him, the CIA denied he worked for them. He was tried and convicted.

You can tell he was innocent because they kept him in solitary confinement – the ultimate torture. They did that to prevent him from having free communications outside the prison.

It was later found that the United States Department of Justice and the CIA had covered up evidence in the case. Wilson’s convictions were overturned in 2003 and he was freed the following year.

Wilson filed a civil suit against seven former federal prosecutors, two of whom are now federal judges, and a past executive director of the CIA. On March 29th, 2007, U.S. District Judge Lee Rosenthal dismissed his case on the grounds that all eight had immunity covering their actions.

The Supreme Court committed the the worst crime against humanity ever recorded demonstrating their bias. They declared that those who are prosecutors of judges have ABSOLUTE immunity from being prosecuted for wrongful prosecution even if they know they are abusing their authority because they might be afraid to prosecute someone if they could be prosecuted in return. The Supreme Court’s most anti-Constitutional decision ever rendered implemented a nationwide policy declaring prosecutors must have absolute immunity for acts committed in their prosecutorial role. This decision has unleashed the most abusive legal system ever on the face of this Earth. The most notorious court in history had been that of Hitler where it had a 90% conviction rate. That to the Supreme Court, you have been stripped of every possible human right since the dawn of civilization. The conviction rate now exceeds 98% in the US federal courts. Lawyers tell you to just plee because you cannot win. Nobody will hold prosecutors accountable and then most judges are former-prosecutors so good luck of pleading your case. There is not a vein of morality in these people. When you stare into their eyes, all you see is coldness of evil stripped of all human emotion. The Supreme Court has unleashed the total destruction of the Constitution and there is a growing call to acknowledge and address an epidemic of prosecutorial misconduct in the United States, but nobody will listen. The case was Imbler v. Pachtman and its perverse holding is uncivilized in any democratic state for it is the decision of a totalitarian regime.

Paul S AppelbaumThere is nothing you can do. There is so much corruption in the Justice System it is beyond belief. The ONLY reason I was released was because I had been accepted by the Supreme Court. To prevent them from ruling, the prosecutors had no choice but to release me. They had a dog and pony show. Dr Paul S. Appelbaum was put on the stand. He was the Forensic Psychiatry / Psychology from Columbia University. He testified that no time in contempt would alter my position. The Appeals Court recused Judge Owen and handed it to Judge Castel with the job of releasing me. Dr. Appelbaum testified my position was simple. The bankers wanted me silenced because their manipulations were failing after the collapse of Long Term Capital Management in 1998 and they blamed me for exposing what they we doing.

Appelbaum-CFTC Silence Me

Dr Appelbaum had to testify that there was no way I would comply and that civil contempt is coercive so if it lost its coerciveness then I had to legally be released. If you will not comply, then they have to release you. Someone had to say I would never comply in court in order to justify releasing me to prevent the Supreme Court from ruling. The real paradox is after I was released, the court had to rule I did not owe anything or else I would get a trial and I could start calling the bankers to the stand. They had no choice. How can you spend time in prison to turn over something for 7 years and then the court rules you do not owe anything? Anyone with common sense would ask what’s going on here? This was all about (1) having me turn over the code and (2) silencing me so the bankers could manipulate markets undisturbed.

Appelbaum Will Not Comply

When I did the premier for the Forecaster in Amsterdam, the third night was all the bankers in Europe. The moderator wanted to appear impartial and asked me what happened to the $1 billion that was supposed to be missing and nobody knew where it was. I turned to the audience and asked: Is it possible for $1 billion to be missing from a bank and nobody knows where it is? The audience all laughed. You either wire it out, write check, bust into the vault with a tank, or beam it out like in Star Trek. It was a totally ridiculous accusation and not a single member of the press even bothered to ask was that possible? How incompetent is that? It would be like reporting someone is standing trial for murdering his wife while she is present in the courtroom. The press always protected the establishment.

In an interview for the Forecaster, David Glovin of Bloomberg News at least spoke to the director of the film while the New York Times, Wall Street Journal, the New Yorker all refused to be interviewed:

DAVID GLOVIN: And there is a legal issue that develops in terms of whether or not Martin is…this is proper, that he can be held for so long, without being convicted of a crime.

Katrin: So is that a normal thing…?

DAVID GLOVIN: No! It’s totally, completely not normal. (15:12:13:10) Martin…in a white color federal case, Martin was held longer in prison, better known as civil contempt charges, then any one else.

Marcus: It didn’t reach you, that they were hiding the evidence. I think it didn’t even reach the public, because nobody is listening and this is what makes me so crazy, because nobody knows about it.

DAVID GLOVIN: I mean…I don’t know. I can’t answer about what other people did, I can’t answer what judges heard, what did I hear? I heard Martin and I wrote stories about him, I went to prison and I wrote here’s the guy, but again I would present the other side, because that’s what you do. That’s what we do, at least. They say X, they say Y, sometimes X may seem so outrageous and Y may not really hold water or etc. Yes…

(16:13:54:12)

I am by no means unique. Only a fool would believe what government says in any case. Take Bernie Madoff’s case and why did he plead guilty so fast? That was to shut down the investigation for he was protecting someone. The banks claimed they had no idea it was a fraud. Madoff was asked if the banks knew once he was in prison. He said of course. In fact, only a fool would believe the banks were not also involved. I was interviewed by a journalist at the NY Post. I was asked if the bank was laundering money in my accounts for the Russian Mafia and Colombian drug cartels “as they were doing in Madoff?” She knew the truth, but that interview was never published.

There is nothing to be proud of in the American legal system. Fair trials are simply IMPOSSIBL

Mainstream Media is the Third Horseman of Economic Apocalypse


Washington Post - Logo - 1

COMMENT: Martin,

OK, so I don’t follow major media at all.  However, there was a link to a story from the Washington Post on Google.  Silly me–I followed it.  There, in white letters on a black background was the WP’s logo and motto:  “Democracy dies in darkness”.

And there you have it:  They told the truth, but not in the way they wanted.  Their lies and corruption are the darkness that kills democracy.

-DB

PulitzerHearstWarYellowKids

REPLY: It is very sad, but they are doing what history always shows happens. The press champions self-interest. They created the Spanish American war with fake news about the sinking of the Maine in the Spanish harbor. The Pulitzer Prize was created because he made so much money starting that war becoming the father of Yellow Journalism, he donated his money to Columbia University to clean up his reputation after he died. Any journalists are proud to win the Pulitzer Prize named for the very guy who championed fake news.

Four Horsemen-Apocalypse

When the news turns to propaganda, it is one of the last things to take place in the historical sequence of how civilization falls. The mainstream media is the third horseman of economic Apocalypse – Taxes – Corruption  (Politics/Rule of Law) – Propaganda – War.

*(First you have the taxes, then comes the corruption to bribe politicians to get out of the taxes and they use the courts to extract taxes, then comes the propaganda of the media to manipulate society to hold on to power, and then finally comes the war (civil unrest/international)

Explaining Why Republicans in Congress Need To Undercut Trump’s Budget Objectives, Wilbur Ross and NAFTA…


If you didn’t read the Part-V explainer of how we got to this point in congressional history stop and go read it.  This stuff is all connected and cannot be absorbed without a thorough understanding of motives behind the advancing agenda-writers.

Make Sure You Watch The Embed Video (below) from Wilbur Ross.

The interim Continuing Resolution (CR) is fraught with demands of the “Big Club”.  That is: Wall Street, their lobbyists, and those who have created the UniParty for over three decades.   The “Big Club” is fighting back against the insurgent presidency of Donald Trump and is using the Republican wing of the UniParty to do it.

It is Republicans, not just Democrats, in congress who are putting the most toxic spending priorities within the $1+ trillion spending bill and forcing a spending bill onto President Trump’s desk which factilitates the needs of the lobbying class and undermines parts of the structural agenda of President Trump.

The outrage should be rightly focused on the UniParty in congress, and more specifically the Republicans therein, not President Trump.

What would the ankle-biters and antagonists (gnats) have President Trump do?  Veto a bill constructed by bipartisan legislation in congress?   Shut down government?  That’s exactly the dynamic the “Big Club” has set up through their paid opposition represented by Paul Ryan and Mitch McConnell.

It is understandably frustrating to most CTH readers that the larger electorate cannot yet bring themselves to see the nature of Trump’s political opposition is not Democrats, it is the UniParty.  However, you should always remember that your knowledge is in the minority and not thoroughly understood by the larger voting electorate.

When Rush Limbaugh begins to tell his audience about the legislative construct within DC that is controlled by the UniParty apparatus, that’s a good thing.  Because that level of understanding is what will be needed in the future if the larger U.S. electorate are ever going to comprehend the challenge and opposition.  It does not matter that Limbaugh cites or recognizes our research and insight; what matters is that a larger audience begins to comprehend the scope and scale of the problem.

Within the current spending bill, both the Republicans and Democrats inject the needs of their financial class benefactors.  This is not Republicans acquiescing to spending or legislative additions they do not support; that is simply the fallacy of false choice.

Break the “battered conservative syndrome” and admit to yourselves and others that the republicans fully support the toxic items that have been placed in the spending bill.   From that position you can begin to make progress toward understanding the bigger issues.

The reality then becomes: what can President Trump leverage out of those Republicans, knowing he cannot politically thwart their intention so long as the voting electorate remain oblivious to the nature of it?

Trump needs congress, specifically the senate, and even more specifically Senator John Thune (Chairman of the Senate Commerce Committee) to accept the letter of intent to renegotiate NAFTA.

For more than a month McConnell, Thune and the members of the Senate Commerce Committee (including Ted Cruz and Mike Lee) have refused to accept the letter because their financial donors and lobbyists don’t want to see NAFTA re-opened.

Perhaps President Trump can get Republicans to accept the intent letter by signing the interim spending bill.   Opening and renegotiating NAFTA will provide infinitely more benefits to middle-class workers than the spending priorities within the CR congress has constructed.

Again, the republicans and democrats in congress are leveraging their short-term CR to push the legislative priorities of K-Street.  Unfortunately, most Americans don’t understand this dynamic and therefore direct their frustration toward President Trump who is put into a position of accepting the CR or vetoing it.

Most of the voting population of the U.S. would look at a Trump veto as a rogue president trying to shut down government and the corporate media would gleefully sell this narrative.

Now Listen to Secretary Wilbur Ross today:

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Additionally, the BIG CLUB fight against the administration is also playing out in corporate media as Rupert Murdoch, Mr. Wall Street, positions his media enterprise alongside the left-wing mainstream media in opposition to the economic nationalism of President Trump.

Again, this stuff is all connected.

Fortify yourself with an intellectual armory making your keen insight the tip of the spear for your friends and your family.