Category World Economic Form

Jun 17 2017

French Parliament Elections Tomorrow June 18th


Armsrong Economics Blog/France

Re-Posted Jun 17, 2017 by Martin Armstrong

Macron was hoping to have a super majority that his new party would sweep the election to give him ultimate power. However, the latest poll taken by BFMTV showed a stunning 61% of French voters did not want the 39-year-old’s party to take the National Assembly. The majority of French voters have said they will vote against Macron’s party to prevent a “crushing” majority in parliament. Most have responded that they would vote for a rival party in the second round in a bid to “rectify” the the decision.

It is looking more and more that the vote for Macron was not in support of him handing sovereignty to Brussels. The election point overlooked by everyone is the fact that Le Pen beat ALL mainstream parties. There is no mandate for the surrender of rights in France to a new Federalized Europe. The election is this Sunday, June 18th. We will see the results soon.

Jun 17 2017

Even Switzerland has Gone Stalinistic


Armstrong Economics Blog/Uncategorized

Re-Posted Jun 17, 2017 by Martin Armstrong

 

The Swiss voted to allow a new oversight of the Federal Intelligence Service to spy domestically for security, of course. There were promises that this would be subject to an independent control to ensure it was not abused and become a Stalinistic power. Well, it turns out that the “independent” supervision is just an internal department subject to the same boss. The new powers are to allow the government to intercept all phone calls, read e-mails and SMS messages, as well as to hack into personal computers. It does not matter what government we look at. The entire world has gone mad. Stalin must be smiling from above for his paranoia worrying about what people were thinking is the new standard of intelligence operations in the West.

Jun 16 2017

Minority Report Becomes Reality in Japan – Prosecution Before You Commit a Crime


Armstrong Economics Blog/Uncategorized

Re-Posted Jun 16, 2017 by Martin Armstrong

The plot of the movie Minority Report was a SciFi flick that in the future they used physics to monitor the world and report if someone was going to commit a crime. Now Japan is doing that but without the physics – just bureaucrats. Japanese Prime Minister Shinzo Abe’s government passed the most outrages legislation perhaps in the world. This empowers prosecutors to monitor and arrest people in the planning stages of crimes. That is perhaps the most anti-Human rights act you can possibly imagine. Effectively, an enemy can bribe some bureaucrat to arrest you and imprison you for life claiming you were planning to commit a crime, but took no action.

The government of course is calling this as necessary as a counter-terrorism act ahead of the 2020 Tokyo Olympics. You simply cannot trust government to EVER wield such power. Abe has also been looking to revise the constitution and remove the restraints imposed upon Japan at the end of World War II that confined its forced to 200 miles from its shores. Abe wants that removed by 2020 as well. The Olympics are being used to wipe away human rights in Japan and hand more authoritarian power to government.

It looks like we should eliminate the Olympics to preserve our rights

Jun 16 2017

France Police Hunting Tourists To Shake Them Down


Armstrong Economics Blog/The Hunt for Taxes

Re-Posted Jun 16, 2017 by Martin Armstrong

COMMENT: Mr. Armstrong; I had the wonderful experience of flying to France to see my son going to school there. Upon my arrival, I was immediately commandeered by the French police asking me how much money I had. I didn’t even get out of the Paris airport. I was not dressed elegantly; just jeans. I wanted to send you this not because reading what you write and experiencing it are two different things.

Thank you for what you do

GK

ANSWER: Yes. France is going nuts. They are stopping trains that pass through France and searching people’s bags for cash. And this is where they want the financial markets moved to from London? I would not have any account there. They cannot be trusted

Jun 16 2017

The Rising Movement Against Soros


Armstrong Economics Blog/Politics

Re-Posted Jun 16, 2017 by Martin Armstrong


In Hungary, NGOs (non-governmental organizations) will have to be registered in court and their foreign donors will be disclosed. The Hungarian Parliament adopted what many are calling the most controversial laws of recent years. Prime Minister Viktor Orban, advocated the so-called NGO Law that obligates non-governmental organizations with more than 24,000 euros per year from outside the country to declare their most important foreign donors annually and to declare themselves as “an organization benefiting from foreign financing”. If they do not comply with this obligation, they will be closed in Hungary. The so called blueprint for the law comes from Russia, where foreign-funded institutions are branded as “enemy agents”. NGOs in Hungary have to register themselves from now on, and on their website they will be able to use the term “foreign-funded organization”.

There are a lot of people up in arms over this. But there is a serious problem of organization such as that of George Soros trying to fund revolutions and government subversion movements. There have been foreign fundings of civil unrest in the United States against Trump. Obama funded activists in Canada to overthrow the conservatives. Clinton help Tony Blair and the Labour Party beat John Major, and we certainly cannot forget all the screaming about Russian interference in the 2016 election that defeated Hillary.

Macedonia 3-26-2017

The EU Commission and the United Nations have both strongly criticized the bill. They actually say it is designed against Orban’s intimate enemies, namely the Hungarian-American billionaire George Soros. The foundations of Soros claim to support numerous human rights organizations and environmental protection groups in Hungary, but it also funds anti-government movements. Orban had just said recently that Soros “and his agencies” were an opaque component in the public life of Hungary. It was Soros supporting more refugees moving into Hungary.

The EU had complained that the “NGO Transparency Act” was far beyond the goal of securing financial transparency. This would also limit the legitimate political activities of groups that are exposed to a constant, hostile campaign by the Orban government. The government made some concessions to Brussels whereas donations under €1700 would no longer need to be reported separately. The rule is that all “groups financed abroad” will not be eligible for state funding in Hungary.

We are seeing these laws in other places as well. Trump has banned American politicians from lobbying for foreign government for up to five years after leaving office. Human rights groups and activists in Egypt are accusing the government of President Abdel Fattah al-Sisi for effecting a law that regulates the work of non-governmental organizations. Clearly, there is a huge difference between helping people and creating political unrest. The Egyptian measure restricts NGO activity to developmental and social work and introduces jail terms of up to five years for non-compliance. The law also gives the government power over deciding who can establish an NGO and for what purpose. Similar laws were installed in Russia as well.

After all the yelling by the Democrats in the USA that Putin interfered in the US election, NGOs are clearly something that is a grey area, which has been exploited for political purposes using the cover of humanity.

Jun 15 2017

Merkel Wants G20 Global Taxation of Internet


Armstrong Economics Blog/The Hunt for Taxes

Re-Posted Jun 15, 2017 by Martin Armstrong

Markel is calling upon the G20 to regulate the internet. While she if pretending to be concerned about cyberattacks, which no regulator can prevent, you have to look into the finer details. Chancellor Angela Merkel called for a global regulation sayying: “Industry 4.0 will have to go through the process that we have already gone through at the World Trade Organization (WTO) with real trading operations that we have gone through in the G20 process with financial market regulation.” 

She noted that the “concerns” include “cyberattacks, the responsibility of social platforms to tax issues in international trade, and growing concern in the world Of policy. “

In other words, she wants to tax all sales on the internet. So anyone from Germany buying anything anywhere would have to pay VAT and every online merchant would have to comply with global regulation. Additionally, governments are increasingly becoming concerned about blockchain technology and the avoidance of taxes.

As always, government pretend to be concerned about security, but it is always about the money. She also wants to shut down anyone who talks against government in the social media.

Jun 14 2017

Governor Jerry Brown of California Advocates the Overthrow of USA


Armstrong Economics Blog/Climate

Re-Posted Jun 14, 2017 by Martin Armstrong

Governor Jerry Brown of California is committing Treason Against the United States. He is leading a confederacy against the Federal Government and should stand trial, but of course that would be controversial. After Trump rejected the Paris Climate treaty, which had never been ratified by the Senate, the European Union announced that it would work with a climate confederacy of secessionist states in the USA. This is clearly Treason and all Federal funds should be cut off from the secessionist governments of California, New York and Washington, who have unilaterally and completely illegally entered into a foreign treaty rejecting the President of the United States on the Paris Accord.

U.S. Constitution – Article 1 Section 10

Article 1 – The Legislative Branch
Section 10 – Powers Prohibited of States

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

No State shall, without the Consent of the Congress, lay any Imposts or Duties on Imports or Exports, except what may be absolutely necessary for executing it’s inspection Laws: and the net Produce of all Duties and Imposts, laid by any State on Imports or Exports, shall be for the Use of the Treasury of the United States; and all such Laws shall be subject to the Revision and Controul of the Congress.

No State shall, without the Consent of Congress, lay any duty of Tonnage, keep Troops, or Ships of War in time of Peace, enter into any Agreement or Compact with another State, or with a foreign Power, or engage in War, unless actually invaded, or in such imminent Danger as will not admit of delay.

There is absolutely no legal basis for Jerry Brown entering into any treaty, alliance, or confederation with the EU. Governor Cuomo of New York has also committed treason saying “New York State is committed to meeting the standards set forth in the Paris Accord regardless of Washington’s irresponsible actions.”
 
Jerry Brown should be put on trial right now. He had the audacity to say: “It is a little bold to talk about the China-California partnership as though we were a separate nation, but we are a separate nation.”

In an interview with the Huffington Post, Jerry Brown described California as “a real nation-state” and said “We’re a powerful state government. We have nine other states that agree with us.” Brown boasted.

In fact, this is a Climate Alliance of California, New York, Washington, Vermont, Massachusetts, Connecticut, Oregon, Colorado, Hawaii, Virginia and Rhode Island which is absolutely unconstitutional. ALL FUNDING should be cut off to these states just as they did to Iran.

It is one thing that each state can create its own laws and punish people within the state. Then they will see as more and more businesses leave. But to sign treaties with the EU, that is absolutely treason. Jerry Brown should be in prison and there is no legal question about that for he has openly advocated the overthrow of the Federal government. That in itself is a crime without having to sign a treaty.

18 U.S. Code § 2385 – Advocating overthrow of Government

Whoever knowingly or willfully advocates, abets, advises, or teaches the duty, necessity, desirability, or propriety of overthrowing or destroying the government of the United States or the government of any State, Territory, District or Possession thereof, or the government of any political subdivision therein, by force or violence, or by the assassination of any officer of any such government; or

Whoever, with intent to cause the overthrow or destruction of any such government, prints, publishes, edits, issues, circulates, sells, distributes, or publicly displays any written or printed matter advocating, advising, or teaching the duty, necessity, desirability, or propriety of overthrowing or destroying any government in the United States by force or violence, or attempts to do so; or

Whoever organizes or helps or attempts to organize any society, group, or assembly of persons who teach, advocate, or encourage the overthrow or destruction of any such government by force or violence; or becomes or is a member of, or affiliates with, any such society, group, or assembly of persons, knowing the purposes thereof—

Shall be fined under this title or imprisoned not more than twenty years, or both, and shall be ineligible for employment by the United States or any department or agency thereof, for the five years next following his conviction.

If two or more persons conspire to commit any offense named in this section, each shall be fined under this title or imprisoned not more than twenty years, or both, and shall be ineligible for employment by the United States or any department or agency thereof, for the five years next following his conviction.

As used in this section, the terms “organizes” and “organize”, with respect to any society, group, or assembly of persons, include the recruiting of new members, the forming of new units, and the regrouping or expansion of existing clubs, classes, and other units of such society, group, or assembly of persons.

(June 25, 1948, ch. 645, 62 Stat. 808; July 24, 1956, ch. 678, § 2, 70 Stat. 623; Pub. L. 87–486, June 19, 1962, 76 Stat. 103; Pub. L. 103–322, title XXXIII, § 330016(1)(N), Sept. 13, 1994, 108 Stat. 2148.)
Jun 14 2017

Apple Added to Terrorist Financier List?


Armstrong Economics Blog/Terrorism

Re-Posted Jun 14, 2017 by Martin Armstrong

Apple’s Company in Doha, Qatar, has been added to a list of 59 people/institutions that are considered to be funding terrorism (directly/indirectly) by Saudi Arabia, the United Arab Emirates (UAE), Egypt and Bahrain, according to Al Arabiya . It has stunned many to see the Doha Apple Company listed among the financiers of terrorists. It is not clear why the Gulf states have included Apple among the financiers. Apple’s CEO Tim Cook had said in a recent interview with Bloomberg that Apple helped the UK government investigate the terrorist attacks in the UK.

Obviously, many want the details

Jun 12 2017

The Right to Vote Should Attach to Only Those Who Pay Taxes


Armstrong Economics Blog/Politics

RePosted Jun 12, 2017 by Martin Armstrong

There is a rising tied that many people are not paying attention to. That is the rising unrest among the youth. The problem with allowing the youth to vote on economic issues is simply they want to rob others so they have their free world. In Britain, they have been fighting to bring the age to vote down to 16. How can someone make any intelligent decision concerning the fate of the nation before they even have a job and pay taxes?

When it comes to war and if they are to fight such a war, then absolutely, they should have a right to vote. But when it comes to economic policies, you should not be allowed to vote unless you pay taxes. If you do not have a job, it is always easy to demand socialism to go rob someone else who has what you want. If you walked down a street and you are grabbed and told you cannot leave until you hand over money, isn’t that a crime? Yet somehow we elect politicians who will do that exact thing under threat of imprisonment if you do not hand over whatever they demand.

 

Hoe can a man write a book and explain how it feels to go through childbirth? It’s impossible! The same applies to voting. If you want to vote on anything that involves economics, you should have a stake in the process by paying taxes. Otherwise, go to your party with friends and complain about the world until you are old enough to know what the world really is.

Allowing everyone who has no stake in the game vote against others who do, it not Social Justice – it is servitude. Sorry, it is not no vote no hope, it is no vote if not responsible.

Jun 11 2017

President Trump and President al-Sisi Confirm Unity Against Qatar Funding Terrorism…


RE-Posted from The Conservative Tree House on June 10, 2017 by

No leader in the region holds more anti-terrorism credibility than Egyptian President Abdel Fattah al-Sisi.   President Sisi has challenged all Muslim leaders to denounce the hate within Islamic extremism and rise up to confront evil.

Al-Sisi is a Muslim leader who steadfastly supports the entire Egyptian population regardless of their religious faith.  Sisi has stood firm to support Christians in Egypt.

WHITE HOUSE – President Donald J. Trump spoke today with President Abdel Fattah Al Sisi of Egypt. The two presidents agreed on the importance of all countries implementing the agreements reached in Riyadh to fight terrorism, counter extremism, and stop the funding of terrorist groups. President Trump also emphasized the importance of maintaining unity among Arab countries.  (Link)

EGYPT – President Abdel-Fattah al-Sisi has praised President Donald Trump for his role in “the formation of a united front to combat terrorism” after he called on Qatar to stop its financial support of extremist groups.



Al-Sisi’s praise-filled phone call on Saturday came after the US president echoed accusations made against Qatar by a Saudi-led group that cut diplomatic ties with the small oil-rich country earlier this week.

Al-Sisi thanked Trump for his participation in a counter-terrorism summit in Riyadh last May, in which he abandoned some of the harsh anti-Muslim rhetoric of his presidential campaign and vowed to fight terrorism in partnership with Middle East leaders.  (Link)

[…] I want to call on all other nations to stop immediately supporting terrorism. Stop teaching people to kill other people. Stop filling their minds with hate and intolerance. I won’t name other countries, but we are not done solving the problem, but we will solve that problem. Have no choice.

This is my great priority because it is my first duty as President to keep our people safe. Defeating ISIS and other terror organizations is something I have emphasized all during my campaign and right up until the present. To do that, stop funding, stop teaching hate, and stop the killing.

For Qatar, we want you back among the unity of responsible nations. We ask Qatar, and other nations in the region to do more and do it faster.

I want to thank Saudi Arabia, and my friend, King Salman, and all of the countries who participated in that very historic summit. It was truly historic. There has never been anything like it before and perhaps there never will be again.

Hopefully, it will be the beginning of the end of funding terrorism. It will, therefore, be the beginning of the end to terrorism.

No more funding.

~ U.S. President Donald J Trump