UPDATE: Absolutely brilliant strategic approach taken by President Trump and Secretary of State Tillerson; essentially supporting the GCC against Qatar via a mediation role that resembles Bad Cop/Good Cop. Those closely following the deep-weeds diplomacy will note the predictability of exactly this approach.
This is not the first time this issue has surfaced. Qatar is a financier of terrorism and extremist Islamic sentiment via their support for the Muslim Brotherhood. In 2014 the Arab nations of the Gulf Cooperation Council (GCC), confronted Qatar and pulled their diplomats to force Qatar to expell the leadership of the Muslim Brotherhood….
Against President Trump renewed call to “drive out” the extremists and confront terrorism, the GCC is once again calling out Qatar. President Trump is the big stick enforcer expressing understanding for the GCC approach; Secretary Tillerson is the diplomat trying to change the behavior of Qatar with carrots.
Secretary of State Rex Tillerson will be discussing the regional partnership issues with Qatar and their Arab coalition members. State Department LINK
It’s looking like a Hung Parliament and the polls got it wrong again in Britain. The Conservatives appear to be 12 seats short of the 326 to rule with a majority vote. Theresa May is facing a serious backlash over her shocking election campaign gamble after an exit poll suggested that her snap election roll of the dice has completely failed to pay off. Where before the BREXIT vote was purely conservative, Corbyn had to brace that but then he turned to the youth and gold massive turnout in some areas 75%. London itself is filled with a lot of students. Corbyn appealed to them promising healthcare and tuition promises and thus was tapping into a reservoir of people who would not normally vote.
This election illustrated the entire problem we have been warning about. We are facing a generational battled. Ironically, the youth do not quite realize that voting labour was a vote for the very neo-Marxist policies that have created the crisis we have in pensions going forward. It has been this type of promising manna from heaven with promises to make the rich pay for it is exactly the same policies of Hollande in France, which proved so disastrous. Yet the old saying; Ah to be young again, but know what I know now comes to mind. What the youth have done looks very well like fulfilling what our computer has been projecting – the fall of the British pound long-term.
The problem with this Corbyn Hung Parliament is the fact that his own party pretty much wrote Corbyn off and wanted him to resign after the last election. Since this time he made it really a personal battle, he is unlikely to back-down and will be pushing a Marxist agenda. Ah, how the wheel of fortune revolves. This Corbyn Hung Parliament now casts a huge doubt over the negotiations for BREXIT. We ran our model fearing that this could be the outcome or if Corbyn would actually win pulling off a surprise victory for Labour. It came back and said SELL Sterling! It is very curious how markets never lie and they show you the trend if you listen to them rather that try to fit their movement to a predetermined outcome. While our computer did show the Conservatives would win, something was wrong since the outlook for the pound was bearish – not bullish.
Socrates Pro Version wrote in the pound concerning the Long-Term:
“Diagnostically, my wide-ranging projection recognizes that the major low in British Pound Spot took place back in 1985 completing a 52 year decline, but we have seen lower highs with each thrust upward leaving the major high intact as of 1959. We have not elected any Yearly Bullish Reversal from the major low of 1985 warning that we remain in a bearish long-term trend. Only an annual closing above 24280 would signal a change in long-term trend. There has been a post low rally after 1985 moving upward into a key high during 2007. Nonetheless, the market has undergone a reaction back to the downside for the past 9 years. This has warned that the overall trend of this market remains bearish since it has been unable to make higher highs. There remains a long-term risk of a decline extending into 2017 or as far out as 2020 in real terms adjusted for inflation. Unquestionably, there remains a risk that we could see a complete monetary reform as early as 2018 going into 2020 or the latest 2032 insofar as a change in the currency base system. This is likely to follow a Sovereign Debt Crisis which should begin to erupt by 2018.”
Our model has been showing that the major resistance stood in the 134 zone both on the Monthly and Weekly levels of our model. Just to achieve a positive signal, we required a monthly closing ABOVE 12954. Socrates has been writing: “Critical resistance still stands in this market at 12954 and a break above that level on a monthly closing basis would warn of a continued advance becomes possible.”April closed precisely one tick beneath at 12953. This was perhaps the first hint that there would be trouble ahead. May exceeded the April high intraday, but it also fell back to close at 12889. How Sterling has dropped sharply to the 127 level on the news of a Hung Parliament. How it now closes today will be the market speaking loudly so listen.
Since the computer has been warning that Sterling can fall back to the 1985 low at $1.03, it was hard to reconcile this with the polls calling for a major landslide for the Conservatives. This is Corbyn’s chance for the big time and you can expect he is going to really muddy the waters because he really believes in Marx. The distinction between Brexiteer and Remainer stands a real chance now of fading away. Battles would still rage on, however, yet the terms and methods of restoring British independence will be completely thrown into the air. Eurocrats in Brussels now face the prospect of an entirely different negotiating team in the event of a cobbled together coalition, which would also need time to thrash out its own Brexit strategy.
Our own interaction with British institutions and corporates has been interesting. Many who were against BREXIT and saw that as the end of the world, flipped their position and said hey – they is pretty good. After accepting BREXIT, now the terms are up in the air thanks to May misreading the discontent rising among the youth. We have also warned that revolutions come from the youth, not from the old establishment who have too much to lose rocking the boat.
Corbyn is a full blown neo-Marxist who would love to convert Britain to a modern version of Communism. Instead of guaranteed minimum wages, he wants maximum wage limits. He has been preaching the same old solution – just rob the rich, which Hillary was preaching while stuffing her own pockets. The problem is the big numbers he hears that CEOs make is stock options typically more so than salary. Nevertheless, in his mind if everyone is reduced to the same wage, somehow that will solve everything. Nobody should earn more than he thinks is appropriate. His policies would be the final straw that ends Britain as any type of financial capital whatsoever. The talent will be on the first plane to New York or Hong Kong. With Corbyn in Britain and the EU insanity on the Continent who wants to outlaw short-selling, the pound will not survive even to be a hedge against the Euro.
The real question is somehow the market is always correct and forecasts the future with extreme precision. The pound could never elect a single Weekly Bullish Reversal which all stand above 13400. Yet the first Weekly Bearish Reversal is 12772 on the cash. If that is elected tomorrow, then the markets are warning that this is going to be a very hard road for Britain. The absolute critical technical support for this week’s closing lies at 12748.
We can see from both the arrays on the pound against the dollar and euro, that the computer projected a turning point for this week. It also generally warns of higher volatility next week. So pay attention to the Weekly Bearish Reversal at 12772.
As we approach what is being touted as a Super Bowl of politics with Comey’s testimony people are making bets will end Trump’s Presidency for good, it is curious how one Roman Emperor was taken down by the Deep State and declared a public enemy driving him to suicide. The Roman Emperor Nero (54-68AD) gets a bad rap from history. The popular one is his burned Rome so he could build a palace and played the fiddle as it all unfolded. During July of 64 AD, a great fire ravaged Rome for six days, destroying 70% of the city and leaving half its population homeless. The fakes news created by his enemies was that the decadent and unpopular Nero, “fiddled while Rome burned.” That story was crafted by his enemies who today would be CNN and the Democrats along with the Washington Post and New York Times. It was clearly the ancient fabrication of fake news.
For one thing, the fiddle didn’t exist in ancient Rome since it only made its appearance during the 11th century. There is no such evidence that Nero played anything during the great fire. The Roman historian Publius Cornelius Tacitus (c. 56–120AD) wrote that Nero was rumored to have sung about the destruction of Troy while watching the city burn; however, he stated clearly that this was unconfirmed by eyewitness accounts. That was the origin of the saying. When the Great Fire broke out, Nero was at his villa at Antium, some 35 miles from Rome.
Nero’s unpopularity developed originally from his mother, Agrippina, Jr., who was a dominate mother and a power hungry woman with many attributed of Hillary Clinton. Agrippina, Jr. was the first woman whose portrait appeared on gold coins during her lifetime. She was first banished by her brother Caligula for being suspected of a plot against him to take the throne. She was very lucky to escape that one with her life. She the connived to marry her uncle, Claudius. The plot then thickens for Claudius’s heir, his son Britanicus, is then poised. Some attributed this to Nero, but it seems more likely the deed of his mother. Upon Claudius’s death, which she also may have aided with poison, she really rules the empire in her son’s name who was still a teenage boy.
Nero fought with his mother who was really ruling the empire and dominating him in the process. Eventually, Nero broke free by having his mother at last killed. He stages a death by drowning to make it look like an accident when her barrage sank. But she swam ashore and he ordered her killed on the spot. Her last words were to stab her in her womb from which he was born.
These stories clearly circulated in Rome and resulted in Nero being very unpopular. His father Gnaeus Domitius Ahenobarbus (c. 2 BC–41 AD) had a dreadful reputation that stained the image of Nero from the start. His father was known for cheating bankers for purchases he made and for cheating refusing to pay the prize money of victorious charioteers. He was also a major womanizer and the Emperor Tiberius charged him with treason, adultery and incest with his sister and also with adultery with another noblewoman. He was saved only by Tiberius’ death and the ascension of Caligula, his brother-in-law.
The true story of Nero, not the fake news version crafted by his enemies as we see going on by CNN and others today with respect to Trump, was that Nero immediately returned and began relief measures to help the people. They still didn’t trust him for his reputation preceded him. His enemies started the rumor that Nero had ordered the fire started, especially after he used land cleared by the fire to build his Golden Palace and its surrounding pleasure gardens. That was not a good decision, which only created conspiracy theories.
Nero himself blamed the Christians for the fire, and had many arrested and executed beginning the Christian persecutions when he was not executing them for their religion at that time. The real source of the stories against Nero are identical in human nature to those spun by career politicians and mainstream media against Trump today. The issue was reforming the corruption in the Senate.
There were many people complaining about the corruption of the tax collectors and this began Nero’s battle against the Deep State – sound familiar? Nero took on the fight clashing with the bureaucracy that set in motion his own demise. Tax collectors were accused of being corrupt and too harsh with the poor. Nero championed the little guy and transferred collection of tax authority to lower commissioners. Nero banned also any magistrate or procurator from exhibiting public entertainment for fear that the venue was being used as a method to sway the populace to support their corruption behind the scenes. Furthermore, Nero then impeached many officials for corruption and removed them from government as well as having many arrested for extortion and corruption.
As further complaints arose from the people that the poor were being overly taxed, Nero attempted to repeal all indirect taxes. The Senate convinced him this action would bankrupt the public treasury. As a compromise, taxes were cut from 4.5% to 2.5%. He also began the first debasement of the silver coinage whereas the average fineness pre-64AD was 97.5% as this was reduced to 93.5%. The weight of the silver denarius was also reduced from 3.63 grams to 3.36 grams in 64AD.
Additionally, secret government tax records were now ordered to become public, similar to the $2.3 trillion in missing funds handed to the Pentagon that 911 covered up. To lower the cost of food imports, Nero also directed that merchant ships were declared tax-exempt. None of these measures were Draconian to say the least, but were efforts to weed-out corruption far more than modern governments are willing to carry out. The Deep State was getting very angry at reducing their corruption.
Nero not only reduced taxes, he also gave slaves permission to file civil complaints against unjust masters, which was very shocking to many. Now the elite really got angry. Nero also imposed a tax of 4% on the sale of slaves that was to be remitted by the seller. Nevertheless, purchasers typically found that the tax was merely added as part of the price in a European VAT fashion.
Seneca the Younger (c. 4 BC – AD 65), was a Roman Stoic philosopher and statesman. He was a tutor and later advisor to Emperor Nero. Seneca had a hand in financial reform to improve the financial administration of the Empire. Governors were actually being prosecuted for extortion rather than the modern version of too-big-to-jail. The emperor by an edict forbade any magistrate or procurator in the government of a province to exhibit a show of gladiators, or of wild beasts, or indeed any other public entertainment. This was typically the method Governors bought favor from the people to cover-up the extensive bribery and extortion.
Nero also established retirement colonies of veterans in Italy. There were simply many deed he enacted prior to 64AD that reveal a decent administrator of the Empire. Nero even attempted to promote free trade by removing all indirect taxes. However, this proved too difficult to administer due to the pervasive corruption.
The Deep State conspired to kill Nero for his reforms. Some sources state that Seneca may have been innocent, but he was also implicated and forced to take his own life for alleged complicity in the Pisonian conspiracy to assassinate Nero. The conspiracy of Gaius Calpurnius Piso in AD 65 was a major turning point for it was clearly the Deep State rising up against Nero. The plot reflected the growing discontent among the ruling class of the Roman state with Nero’s increasingly attack upon corruption. Piso was a leading Roman statesman who it was said intended to have Nero assassinated and replace him as Emperor through acclamation by the Praetorian Guard. He was joined by many prominent senators, equestrians, and soldiers. The conspirators were said to have varying motives. Some wished to replace Nero with a better emperor, others wished to be free of emperors altogether, and restore a purely Republican form of government. According to the Roman historian Tacitus, the ringleaders included a Praetorian tribune named Subrius Flavus, and a centurion named Sulpicius Asper, who helped Piso devise the plot, which was discovered when a woman named Epicharis tried to solicit Proculus, a fleet captain in Campania, to join the conspiracy. Instead, Proculus turned her in, but she committed suicide. Another named Milichus discovered the conspiracy and reported it to Nero’s secretary Epaphroditos. When arrested, many conspirators quickly ratted everyone else out to save themselves. Nero ordered Piso, the philosopher Seneca, his nephew Lucan, and the satirist Petronius to commit suicide.
There is clearly the same plot to overthrow Trump. History repeats because human nature never changes. We have all the elites on Capitol Hill plotting to get ride of Trump and to justify some sort of impeachment trail. Surely, neither Trump nor those who conspire against him on Capital Hill and in the media will commit suicide. Nevertheless, they are fighting tooth and nail for the very same issue – to maintain the corruption behind the curtain. They too are creating fake news to justify their actions today as they did back then.
“The British response to terrorism has to change,” said Prime Minister Theresa May on Sunday in a speech after the new attacks in London. She said: “There is, to be honest, far too much tolerance of extremism in our society.” PM May made her announcement at 10 Downing Street making it clear: “When it comes to overcoming extremism and terrorism, things have to change.” She announced potential changes to anti-terrorism laws. She further made it clear: “We can not give this ideology the safe space it needs to breed – but that’s exactly what the internet and the big companies that provide internet-based services provide. We must work with Allied democratic governments to reach international agreements to regulate the cyberspace to prevent the spread of extremism and terrorism planning.”
May could very well achieve a 64 seat majority. We asked our computer to do a What-If forecast if Corbyn won the election for Labour. This would probably be the best short in a very long time.
It was 28 years ago tonight when the Chinese government sent the Mongolian Army into Tiananmen Square to crackdown on the mostly student protestors.
It is against the law in China to recognize today, memorialize the dead, or even speak publicly of this bloody anniversary. Few people know the short and long-term political ramifications to this event which extended far beyond the borders of China.
Many people are familiar with this image:
However, not as many people are as familiar with the wide shot.
That’s some serious courage right there.
The June 4th 1989 anniversary holds a great deal of personal significance for those who witnessed the events.
Few people even know how most of the regular Chinese military refused orders to open fire on the protesting crowd. Hundreds of young Chinese military soldiers actually formed lines around the mostly student activists in an effort to protect them. The Chinese government eventually bypassed the regulars and instructed the Mongolian military divisions who carried out the orders.
No-one really knows how many were killed, and even the families of the fallen were too scared to speak publicly.
Those who were lost live-on in whispered memories of lore.
While the leftists are out in force against Trump calling him racist and whatever else they can dream up for his travel ban from countries with Islamic terrorism, we are starting to see European protest against the anti-Trump movement. The London policy institute Chatham House calls a “reservoir of public support” on the continent for exactly such polices. The survey of 10,000 people found that support for ending Muslim immigration averaged 55% across 10 European countries, ranging from 71% in Poland to 41% in Spain. With the latest attacks in Britain, one must wonder how high this poll is going to go.
Perhaps there should be a 30 day sentence for those who are against travel bans. However, prison might be too good for them and they certainly will not learn anything but wear it as a badge of honor and they get room service. Perhaps they should be made to travel to the countries they support and have to stay their for 30 days in an average room, not a 5 star hotel with room service. Perhaps they might then begin to understand how much culture matters. In some place, a woman will be arrested for walking down the street un-escorted. Prostitution is just assumed. It is not a question of religion. Every religion has its extreme left and right if we are talking about Christians or Judaism. Islam is no different.
Turkey may be Islamic, but it is a totally different branch. Tuvana Türkay is a famous Turkish actress born in Istanbul who many consider one of the most naturally beautiful women. You would not suspect that she is Islamic from looking at this picture. Islam has its different flavors as does Christianity and Judaism. Trump’s six Islamic countries that were put on his ban list were actually selected by Obama. They were Syria, Iran, Libya, Somalia, Sudan and Yemen. These are the countries where terrorists are being trained. Neither Turkey nor Iraq or UAE, Saudi Arabia, Egypt, Indonesia or other Islamic nations made the list. It was not a religious discrimination as CNN and others portrayed, but a cultural risk.
Git a few more terrorist attacks and Trump may be more popular in Europe than in America.
QUESTION: Mr. Armstrong; You wrote that the 1906 San Francisco earthquake resulted in the Panic of 1907 and laid the foundation for creating the Federal Reserve. I was also told that the Kobe earthquake in Japan is what resulted in the Barclay’s loss. Is this why you also input natural disasters into your model? Has this been a pattern throughout history?
Thanks
PD
ANSWER: Absolutely. It is certain that when the eruption of Vesuvius started on the morning of August 24th, AD 79, it caught the local population utterly unprepared. The Emperor Titus has just taken the throne following his father’s death on June 24th, 79. Like Presidents will visit some disaster like Katrina, Titus visited the Pompeii area, announced a state of emergency and set up a relief fund. He then created a fund for the victims by collecting all property of those who died with no heirs. He convert this into a join fund. He then provided for assistance in rehousing survivors. The Christians attributed this to God’s retribution for the destruction of the Great Temple in Jerusalem in 70AD.
The while Titus was viewing the Pompeii disaster, a fire ravaged Rome for three days. Once more the emperor provided generous relief to the victims. And then a third disaster struck – plague. This was one of the worst epidemics of plague on record that hit Rome. Titus tried his best to combat the disease with medical support, and also staging extensive daily sacrifices to the gods. The economy went into a financial panic. As the Empire State Building had begun construction before the 1929 Crash, here too the Colosseum had been begun under his father. In both cases, the Empire State Building and the Colosseum were opening in an economic depression in hopes of raising spirits.
It was a tsunami that wiped out Tokyo in 1923. Then there have been huge earthquakes that sank Alexandria, Egypt, which spawned a huge tremendous tsunami that devastated Sicily and Greece on July 21st, 365AD. Edward Gibbon wrote in his Decline and Fall of the Roman Empire:
“In the second year of the reign of Valentinian and Valens, on the morning of the twenty-first day of July, the greatest part of the Roman world was shaken by a violent and destructive earthquake. The impression was communicated to the waters; the shores of the Mediterranean were left dry, by the sudden retreat of the sea; great quantities of fish were caught with the hand; large vessels were stranded on the mud; and a curious spectator ^1 amused his eye, or rather his fancy, by contemplating the various appearance of valleys and mountains, which had never, since the formation of the globe, been exposed to the sun. But the tide soon returned, with the weight of an immense and irresistible deluge, which was severely felt on the coasts of Sicily, of Dalmatia, of Greece, and of Egypt: large boats were transported, and lodged on the roofs of houses, or at the distance of two miles from the shore; the people, with their habitations, were swept away by the waters; and the city of Alexandria annually commemorated the fatal day, on which fifty thousand persons had lost their lives in the inundation. This calamity, the report of which was magnified from one province to another, astonished and terrified the subjects of Rome; and their affrighted imagination enlarged the real extent of a momentary evil. They recollected the preceding earthquakes, which had subverted the cities of Palestine and Bithynia: they considered these alarming strokes as the prelude only of still more dreadful calamities, and their fearful vanity was disposed to confound the symptoms of a declining empire and a sinking world.”
That event sent the empire into crisis and necessitated the biggest tax increase in Roman history up to that point in history. To pay for the disaster and the rising costs of the military efforts required during his time in reconstruction and defense, Valentinian saw himself forced to introduce the highest, and most oppressive Roman taxes in history. He was keenly aware how bad this was and raised the taxes reluctantly. He then made a interesting sincere effort to protect the poor. In an attempt to share the financial burdens more justly he made great efforts to ensure that the privileged few would no longer avoid paying their taxes. He also created the office of ‘Defender of the People’, the role of which was to assist the poor. In every town such a Defender was appointed, empowered to protect the interests of the poor from infringements by the privileged classes and to ensure they were not bankrupted by the taxes.
Here we have a weight (exaqium) for measuring gold solidi for taxes. Because of the large number of under-weight and false solidi in circulation, financial reforms were instituted by Valentinian i and Valens whereby gold collected in taxation was to be melted into ingots and tested before acceptance. Coins ceased to be legal tender (acceptable for taxation). The few gold ingots that have survived from antiquity are found with official counterstamps and the present example illustrated here bears the inscription “melted by Proculus”.
So you see, history repeats because the passions of man never change. Emperors created relief funds and visited disaster sites in ancient times and they do today. It is just standard operational procedure.
As we approach June 8th and the elections in Britain, one must wonder how is Britain going to remain inside the EU. The British never voted on allowing the refugees into Europe. That was a unilateral decision by Merkel to save her failing polls due to he harsh stand against Greece. Now Europe is engulfed in a clash that is tearing the continent apart between the liberals who think everybody is just wonderful and those who simply want security.
Now three attackers drove a van into pedestrians on London Bridge before stabbing revelers nearby on Saturday night, killing at least seven people and least 48 people were injured. This was the third terrorist attack to hit Britain in less than three months. With the snap parliamentary election on Thursday. May’s gamble on the June 8 snap election was cast into some doubt after a Survation poll showed her Conservative Party’s lead had dropped to a new low of just one percentage point.
Three attackers drove a van into pedestrians on London Bridge before stabbing revelers nearby on Saturday night, killing at least seven people in what Britain said was the work of Islamist militants engaged in a “new trend” of terrorism.
At least 48 people were injured in the attack, the third to hit Britain in less than three months. Police killed the three male assailants within eight minutes of receiving the first emergency call shortly after 10 p.m. local time. Prime Minister Theresa May announced: “We believe we are experiencing a new trend in the threat we face as terrorism breeds terrorism.”
“Perpetrators are inspired to attack not only on the basis of carefully constructed plots … and not even as lone attackers radicalized online, but by copying one another and often using the crudest of means of attack.”
The Prime Minister then said: “It is time to say enough is enough.”
Most of the main political parties suspended national campaigning on Sunday, but May said campaigning would resume on Monday and that the snap parliamentary election on Thursday would go ahead as planned.
The British Pound exceeded the Breakout Line, fell back, and then retest it as it then provided support in the 127 level. We see resistance at the 13026 area with the important technical resistance at the 134 area where the Weekly Bullish Reversals begin. This patter tends to warn about a pop to the upside, but the timing models also show this could be the end of the rally.
When we look at our computer model, what is fascinating is how it has targeted this week as a turning point even before May called the snap election. Of course it has merely intensified for this target, which appears in both the dollar as well as the euro.
We can see that the week of June 5th is also the main target for the Euro against the pound and we have a Directional Change at this time as well.
The Paris Treaty was/is always about distribution of economic wealth; and the convenient use of “climate phrases” as branding instruments used to create political policy favorable to multinational corporate interests who control the shifting of economic wealth.
Listen to the responses from participating EU corporate comptrollers discussing climate and the entire purpose of the Paris Treaty becomes self-evident. Example:
“The preservation of our competitive position is the precondition for successful climate protection. This correlation is often underestimated.”
The preservation of Germany’s competitive auto manufacturing position is contingent upon the U.S. exporting it’s wealth and handcuffing itself to a faux-climate treaty. Do not take my word for it, read Wissmann’s own interview. The Paris Treaty is nothing about climate, and everything about economics and multinational corporate interests.
Forbes on Fox had an interesting discussion segment earlier today where some of the panel participants explained and discussed this exact issue. The Paris Climate Treaty was never about “climate” it was fundamentally about “economics”.
The Paris Climate Treaty has nothing to do with “climate” and everything possible to do with economics, globalism and the controlled redistribution of economic wealth as constructed through decades of advanced policies by multinational financial interests.
There are factually TRILLIONS of dollars at stake.
The primary concern for every affiliated entity surrounds economics, not climate. “Climate” issues are the Trojan horse, the false ruse, the talking point, the scheme to get economic systems in place -yes, political systems- to control the distributive flow of larger economic wealth within all nations. Period.
What ObamaCare was to our loss of healthcare individualism, so too is the Paris Treaty a political tool to deconstruct national economic individualism.
FULL-STOP.
To understand the larger objectives of the global and financial elite it is important to understand the three-decade global financial construct they now seek to protect. Global financial exploitation of national markets:
♦Multinational corporations purchase controlling interests in various national elements of developed industrial western nations.
♦The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks.
♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).
♦With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.
The ‘America First’ Trump-Trade Doctrine upsets the entire construct of this multinational export/control dynamic. Team Trump focuses exclusively on bilateral trade deals with specific policy only looking out for the national interests of the United States.
Under President Trump’s Trade positions exfiltration of U.S. national wealth is essentially stopped. This puts multinational corporations, globalists who previously took a stake-hold in the U.S. economy with intention to export the wealth, in a position of holding interest of an asset they can no longer exploit.
Multinational banks have underwritten multinational corporations to own and control U.S. assets and industries. The multinationals then hire K-Street Lobbyists, Tom Donohue (U.S CoC) etc., to create/write the political policy which allows the exploitation and exfiltration of the U.S. asset and U.S. industry. Climate change political policy is part of that legislative tool.
President Trump has STOPPED the entire system dead in its tracks.
If you can see the ramifications, understand how much they have already invested in this entire construct, you can begin to understand the severity of the opposition to President Trump – and can grasp reason for the inherent anger we are all witnessing.
Multinational corporations and billionaire financiers use climate change as a tool toward furtherance of collected global wealth. Their strategy is quite simple, and has been played out for several cycles.
Create an institutional trade instrument (housing financial bubble example), control it, expand the financial use globally, drive the controlled pricing to an apex and reap the financial rewards. Wash – Rinse – Repeat.
Their expressed holy grail for ultimate human behavioral control is a global tax on all people more commonly known as a “carbon-trading tax”. Just like ObamaCare, this tax on personage first requires everyone to accept the assumption of why the tax is needed.
A planetary tax on personage, behavior and activity, through a market-based trade vehicle (Paris Agreement), under U.N. exclusive control; which subverts the national economic interests of sovereign nations.
The “Carbon Trading” fundamental financial instrument is the foundational block of the financial interests behind modern climate change. The latest exhibition of a decades long series of international construct was the Paris Climate Change agreement.
REUTERS – Investors with more than $15 trillion of assets under management urged governments led by the United States to implement the Paris climate accord to fight climate change despite U.S. President Donald Trump’s threats to pull out.
“As long-term institutional investors, we believe that the mitigation of climate change is essential for the safeguarding of our investments,” according to the letter signed by 214 institutional investors and published on Monday.
“We urge all nations to stand by their commitments to the Agreement,” it said. Signatories of the letter included the California Public Employees Retirement System and other pension funds from Sweden to Australia. (read more)
Why are multinational banks, and multinational corporations, and multinational investment groups and pension funds so desperate to retain the Paris agreement?
Simple, those funds have been used by the multinational interests to create the entire system. These funds provided the seed money for the entire financial scheme. Ask yourself….
… Where exactly in the U.S. budget did this little $1 billion line-item expenditure come from?
Again, as we have done in the past, we draw attention to the secret meeting in Sea Island Georgia in 2016 when the billionaire vested participants gathered with the political class to discuss how they could stop candidate Donald J Trump.
2016 -Billionaires, tech CEOs and top members of the Republican establishment flew to a private island resort off the coast of Georgia this weekend for the American Enterprise Institute’s annual World Forum, according to sources familiar with the secretive gathering.
The main topic at the closed-to-the-press confab? How to stop Republican front-runner Donald Trump. (The meeting was not planned to be a strategy session on how to stop the GOP front-runner, but rather evolved into one, as a subsequently obtained agenda makes clear.)
Apple CEO Tim Cook, Google co-founder Larry Page, Napster creator and Facebook investor Sean Parker, and Tesla Motors and SpaceX honcho Elon Musk all attended.
So did Senate Majority Leader Mitch McConnell (R-Ky.), political guru Karl Rove, House Speaker Paul Ryan, GOP Sens. Tom Cotton (Ark.), Cory Gardner (Colo.), Tim Scott (S.C.), Rob Portman (Ohio) and Ben Sasse (Neb.), who recently made news by saying he “cannot support Donald Trump.”
Along with Ryan, the House was represented by Energy and Commerce Committee Chair Fred Upton (Mich.), Rep. Kevin Brady (Texas) and almost-Speaker Kevin McCarthy (Calif.), sources said, along with leadership figure Cathy McMorris Rodgers (Wash.), Budget Committee Chairman Tom Price (R-Ga.), Financial Services Committee Chairman Jeb Hensarling (Texas) and Diane Black (Tenn.).
Philip Anschutz, the billionaire GOP donor whose company owns a stake in Sea Island, was also there, along with Democratic Rep. John Delaney, who represents Maryland. Arthur Sulzberger, the publisher of The New York Times, was there, too, a Times spokeswoman confirmed.
“A specter was haunting the World Forum—the specter of Donald Trump,” (read more)
Pay attention to the voices now shouting opposition to President Trump’s withdrawal from the Paris Climate Treaty and you will identify those same oppositional voices who assembled in all economic matters prior to this moment in 2017. Their vested interests center around the economics, not “the climate”.
At first glance, the scope of this entire scheme seems so all encompassing it may seem like a political conspiracy theory. However, this is a conspiracy reality.
President Trump is very smart about the long-term ramifications to this ‘treaty’. If the heavily influenced industrialized nations commit themselves to this agreement they will be anchoring their economic manufacturing base within a tiered system of ridiculously burdensome regulations and agreements.
The strategic benefit to the United States will stem from not participating in the regulatory stranglehold that accompanies the agreement. Obviously all nations that compete with the U.S on international trade agreements would, for once, be at a disadvantage; and our American manufacturing and industrial base would be able to take strategic advantage. This is why those nations will never complete their promises under the Paris Agreement, they can’t and they won’t.
In larger terms back in the U.S., President Trump’s refocused policy objectives remove the political benefit from Wall Street and places it back with Main Street, reversing a three decade long shift.
This approach is adverse to the interests of the globalists.
President Trump’s economic team are well aware of the strategic advantage is walking away from the Paris Climate Treaty. Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer and their entire economic and financial team know what is needed to reverse the decades long construct and defeat the interests of the global elites.
Showcasing a unique aspect of the President Trump common sense approach toward coalition building, today the United Nations security council voted unanimously, in public, to increase sanctions against North Korea. Yes, ‘unanimously’.
China and Russia voted in alliance with the permanent security council members the U.S., France and the United Kingdom to support increased sanctions. They voted in alignment publicly. Don’t look for the anti-Trump media to make note of this critical point.
(Via Reuters) […] Adding names to the U.N. blacklist – a global travel ban and asset freeze – was the minimum sanctions measures the Security Council could have taken and comes after five weeks of negotiations between Washington and Beijing.
“The Security Council is sending a clear message to North Korea today – stop firing ballistic missiles or face the consequences,” Haley said.
The resolution, adopted unanimously by the 15-member council, sanctions four entities, including the Koryo Bank and Strategic Rocket Force of the Korean People’s Army, and 14 people, including the head of Pyongyang’s overseas spying operations.
North Korea’s Koryo Bank handles overseas transactions for Office 38, a shadowy body that manages the private slush funds of the North Korean leadership, according to a South Korean government database.
‘CRITICAL WINDOW’ – The measures adopted on Friday could have been agreed by the council’s North Korea sanctions committee behind closed doors, but Washington convinced China to back a public vote on the blacklist, amplifying the council’s unhappiness with Pyongyang’s defiance of a U.N. ban on ballistic missile launches.
The U.N. Security Council first imposed sanctions on Pyongyang in 2006 over its ballistic missile and nuclear programs and has ratcheted up the measures in response to five nuclear tests and two long-range missile launches. North Korea is threatening a sixth nuclear test.
“There is a critical window of opportunity for the nuclear issue of the peninsula to come back to the right track of seeking a settlement through dialogue and negotiations,” Chinese U.N. Ambassador Liu Jieyi told the council. “It is incumbent on all parties concerned to exercise restraint and to do more to help ease the tension and build mutual trust.”
He again proposed a simultaneous freeze of North Korea’s nuclear and missile programs and South Korea and the United States’ joint military exercises. Russia said the suggestion merits “serious consideration.”
Haley said: “We want a negotiated solution, but North Korea must fulfill its basic obligations by first stopping all ballistic missile launches and nuclear weapons testing and taking concrete steps towards getting rid of its nuclear weapons program.”
U.S. Secretary of State Rex Tillerson told the Security Council on April 28 that it needed to act before North Korea does. Just hours after the meeting – chaired by Tillerson during his first visit to the United Nations as the top U.S. diplomat – Pyongyang launched yet another ballistic missile. (read more)
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
UPDATE: Absolutely brilliant strategic approach taken by President Trump and Secretary of State Tillerson; essentially supporting the GCC against Qatar via a mediation role that resembles Bad Cop/Good Cop. Those closely following the deep-weeds diplomacy will note the predictability of exactly this approach.
Since the computer has been warning that Sterling can fall back to the 1985 low at $1.03, it was hard to reconcile this with the polls calling for a major landslide for the Conservatives. This is Corbyn’s chance for the big time and you can expect he is going to really muddy the waters because he really believes in Marx. The distinction between Brexiteer and Remainer stands a real chance now of fading away. Battles would still rage on, however, yet the terms and methods of restoring British independence will be completely thrown into the air. Eurocrats in Brussels now face the prospect of an entirely different negotiating team in the event of a cobbled together coalition, which would also need time to thrash out its own Brexit strategy.
Nero’s unpopularity developed originally from his mother, Agrippina, Jr., who was a dominate mother and a power hungry woman with many attributed of Hillary Clinton. Agrippina, Jr. was the first woman whose portrait appeared on gold coins during her lifetime. She was first banished by her brother Caligula for being suspected of a plot against him to take the throne. She was very lucky to escape that one with her life. She the connived to marry her uncle, Claudius. The plot then thickens for Claudius’s heir, his son Britanicus, is then poised. Some attributed this to Nero, but it seems more likely the deed of his mother. Upon Claudius’s death, which she also may have aided with poison, she really rules the empire in her son’s name who was still a teenage boy.
“The British response to terrorism has to change,” said Prime Minister Theresa May on Sunday in a speech after the new attacks in London. She said: “There is, to be honest, far too much tolerance of extremism in our society.” PM May made her announcement at 10 Downing Street making it clear: “When it comes to overcoming extremism and terrorism, things have to change.” She announced potential changes to anti-terrorism laws. She further made it clear: “We can not give this ideology the safe space it needs to breed – but that’s exactly what the internet and the big companies that provide internet-based services provide. We must work with Allied democratic governments to reach international agreements to regulate the cyberspace to prevent the spread of extremism and terrorism planning.”
Perhaps there should be a 30 day sentence for those who are against travel bans. However, prison might be too good for them and they certainly will not learn anything but wear it as a badge of honor and they get room service. Perhaps they should be made to travel to the countries they support and have to stay their for 30 days in an average room, not a 5 star hotel with room service. Perhaps they might then begin to understand how much culture matters. In some place, a woman will be arrested for walking down the street un-escorted. Prostitution is just assumed. It is not a question of religion. Every religion has its extreme left and right if we are talking about Christians or Judaism. Islam is no different.
Centinel2012 