Armstrong Economic Blog/Rule of Law
Re-Posted Aug 18, 2019 by Martin Armstrong
QUESTION: The US will start the death penalty again. What is your view on the death penalty?
HRW
ANSWER: It is far worse to live in prison for life the way the government will torture you without remorse. They are beginning executions once again since 2003. Their allegations against people are always exaggerated and they are cold-hearted. I never met anyone who ever did everything the government claimed and there is a risk that the people they intend to execute are innocent or never intended to do such a crime. The real professional criminals know the system and immediately start testifying against others to get a reduced sentence. So the people they want to execute had nothing to deal with, which tends to imply they were not necessarily career criminals and if they were nuts, that is never a defense anyway. In the famous case of Adamson, he pled guilty waiving a jury trial with the understanding he would get a life sentence and then in 1988 the judge ordered him to be killed. That was eventually overturned that his plea was contrived by the courts themselves promising him one thing and then ordering him to be executed. There is no honor in the Justice System – none whatsoever!!!!!
I personally think the death penalty should be VOLUNTARY for there are people who would take that option rather than being imprisoned for life. If I were in such a position, I would certainly volunteer in a second. To live the rest of your life being tormented by guards for fun and sport is no way to live and no judge will EVER listen to a complaint from an inmate. I simply asked to be given medical treatment and I was denied by two judges and had to wait until my release to seek medical attention. As a result, the vision in my left eye remains partially blurry because they refused me my basic human needs.
Death is an escape; it is not a punishment for it is over fast compared to incarceration that remains for your entire life.
Twisted and Mad: What’s the Antidote to Our Debauched and Disturbing ‘Leaders’?
NY Times’ Accurate Trump Headline Angers Readers, Sparks Emergency Newsroom Meeting
Jordan Peterson Destroys Q&A | 25 February 2019
Will Governments ever Listen Before there is Blood in the Streets?
Armstrong Economics Blog/Politics
Re-Posted Aug 17, 2019 by Martin Armstrong
COMMENT: Thank you for ‘Why Private Blogs’. You should get goose bumps once in a while about your work~, the project is massive in scale, certainly worthy of my respect and everyone else in readerville and your employ as well. This piece is well written and also lays out a good mission statement reminder to all. So, feel free Martin to frame it, re post it once a year, and continue to knick knack patty whack away at the world and toss us bones …. it is a worthy and respected endeavor that is already making the world a better place, especially for those to come rolling home here in the future!!! Stay fired up my friend I have not yet met……. for BETTER DAYS ARE COMING.
REPLY: I do think people tend to think this is just about forecasting the ups and downs in markets. I have probably met with more central banks and governments than anyone over the years. I was called in by China during the 1997 Asian Currency Crisis and the Commission forming the Euro. I was called in at the formation of the G5 and by the Brady Commission for the 1987 Crash. All of these things and many more ONLY took place NOT because my opinion is worth something someone else does not have.
All of this has been because we forecast absolutely every country in the world and people even at the upper levels understand what we are doing and this is about demonstrating that absolutely EVERYTHING is connected on a global scale.
I see war as absolutely pointless for the days of empire building are long gone. War is now more like two drunks in a bar fighting because of one side something or looked at the other in an intimidating way. This nation-building nonsense is just that – NONSENSE! We pretend that Democracy is so great, yet we really live in Republics that are prone to massive corruption until they inevitably collapse as did Rome. When Caesar crossed the Rubicon, the people cheered and the Senate all fled to Asia. If they had the support of the people, they would have never fled.
It pains me deeply that our systems are so corrupt. I will never believe that Jeffrey Epstein committed suicide. He had so many bargaining chips on people he would never be allowed to testify. This touched people like Bill Clinton, no surprise, Al Gore to Buckingham Palace. Maybe the prosecutor had no idea and when he started this the weight of the political world came crashing down.
The system will self-correct as did Rome. Who will be our Caesar today who knows? But it will come. That is why I say my concern is not Trump, it is who comes after Trump. All I can do is show there is a better way to manage things and we are all connected in this mess. I know the game. They will not listen until there is blood on the streets. Then and only then will they listen out of fear it might be their turn next.
Senator Rand Paul Speaks for First Time Since Serious Lung Surgery…
August 15, 2019
Senator Rand Paul had to undergo recent lung surgery as an outcome of an attack by a violent member of the Democrat resistance in 2017. In his first interview since the surgery Senator Paul discusses his ongoing recovery and the continued expressions of violence from the political left.
Shooter Surrenders – Philly Police Shooting Standoff Ends After Suspect Surrenders…
August 15, 2019
The armed standoff between Philadelphia police and a suspect who shot six officers ended shortly after midnight when Maurice Hill, 36, a local man with a lengthy history of gun convictions, surrendered to authorities.
According to the Philadelphia Inquirer the suspect has a lengthy criminal record including firearm violations, drug sales, assault and resisting law enforcement. [Background Here]
World Crisis Coming Soon
Armstrong Economics Blog/Economics
Re-Posted Aug 15, 2019 by Martin Armstrong
The world is in a complete midlife crisis or some may say an end of life crisis. I am overseas as the world is simply going nuts. At times, I feel more like a shrink having to reassure people that it will all be OK. Both Europe and Asia are having a very bad string of days.
Asia is concerned that China will intervene in Hong Kong. Protesters in Hong Kong seem undeterred by China’s thinly veiled threat of sending in the armed forces. But Beijing would pay a steep price if it were to send in troops politically. Trump has stated that he regards it as an internal matter for China, while even Mitch McConnell said sanctions would be appropriate. Footage has surfaced on the Chinese internet showing columns of armored vehicles heading south and converging on the city of Shenzhen. The videos seem to suggest that the Chinese People’s Armed Police Force, a heavily armed paramilitary unit, is gathering on the Hong Kong border.
Meanwhile, back in the old world, the EU seems more intent on preserving their power than any rational review of economics. They seem to be doing whatever they can to bury the European economy under this crazy idea of federalizing Europe in a half-ass way that still leaves the individual states in an impossible position to ever reach a unified agreement about anything.
Meanwhile, the former Chancellor Philip Hammond has accused the PM of trying to wreck the chance of a new Brexit deal, by making demands the EU could never accept. He seems to be more on Brussel’s side than his own country. Mr. Hammond said a no-deal Brexit would be “a betrayal” of the 2016 referendum result and that he vowed that Parliament would “make its voice heard,” adding that a no-deal “must not happen.” There is no question that Germany will be the biggest loser and then there is Ireland who does not want an EU version of the Berlin Wall. More than 50% of trade for Britain lies outside of the EU, but a no-deal is far better for it will be able to negotiate trade with the rest of the world not subject to French supervision.
Additionally, with the chaos in Asia and in Europe, the US is still the safe-haven. This could push the dollar into record highs by creating a panic of vertigo that may force the world to sit back down and renegotiate how the world monetary system will survive. Alternatively, we all just all shoot it out and build walls to retain domestic absolute control.
The problem with the collapse of socialism is that the promises made to retain power cannot be supported. The Pension Crisis will explode and at the currency projection, by 2032, we will be looking at a $400 trillion unfunded catastrophic liability. There is no way we could even make it that far. We will be looking at this during the WEC in October (tickets are still available).
Is California the Worst Economic Nightmare in the USA?
Armstrong Economics Blog/Economics
Re-Posted Aug 15, 2019 by Martin Armstrong
QUESTION: Marty,
Whenever you refer to California Dreaming, my blog post from a few years back, I cannot help but smile. Thank you for your chart on the California economy. Does this represent most states? Does this represent the state of the U.S. economy? What states are actually growing?
Yes, I agree with you that the government has become very corrupt, but no really cares about the Clintons anymore because they have no real impact on the average person’s life. The real issue, I believe is the war that is going on regarding freedom of access to making informed decisions on more important matters such as parenting and vaccines. Your blog at least has not been wiped off of Google and Facebook like Natural News, Mercola, and a host of other sites that call into question the efficacy and safety of vaccines. Google, Amazon, Facebook, etc have made it very difficult to find dissenting views on vaccines due to a letter from a Congressman. You should research this issue.
I think this is the real undercurrent going on right now, at least from my perspective. Plus the civil asset forfeiture, and the jailing of the journalists.
Thank you! I still think you are awesome!! I miss chatting with you!
S
ANSWER: California is actually the worst. Illinois is in trouble, but that is because their constitution forbids renegotiating state employee pensions. In the case of California, it is really just a Socialist’s dream of directing pensions to invest green. Losing money is just the tip of the iceberg.
Six Police Officers Shot in Philadelphia – Standoff With Suspects Ongoing..
August 14, 2019
Troubling. Pray for the police. ♦Over 100 gunshots were reported heard by witnesses as Philadelphia police responded to an initial drug related incident. ♦According to authorities six police officers were shot; non life-threatening. ♦One suspect is in custody; ♦however, apparently another suspect is firing on officers who are pinned down inside a building as the shooter fires through walls and ceiling.
(Via Fox News) At least six Philadelphia police officers were wounded, at least one reportedly grazed in the head, in an ongoing shootout in the city’s Nicetown neighborhood on Wednesday afternoon that has been unfolding for almost two hours.
Three officers were rushed to Temple University Hospital, officials told Fox 29.
Three other officers were taken to Einstein Hospital, at least one of them was shot in the arm. All six officers are in stable condition and are being treated for non-life threatening injuries.
Two other officers, including a police sergeant, were injured in an accident related to the emergency response and are being treated for non-life threatening injuries.
High-ranking police officials said that two officers with the Narcotics Strike Force were serving a warrant at a multifamily home when a shooter opened fire at the home. The two officers are barricaded in separate rooms with as many as four suspects in what may be a drug-related offense. At least one suspect is actively shooting, firing up a stairwell from a lower level in the building or potentially moving up and down the stairwell while doing so. One officer is barricaded in a bedroom with two suspects while another is in a bathroom with another suspect. (read more)












