The Relocation of the Financial Capitol of the United States


1st-bankofus

QUESTION:  Hi Marty,
I have a question for you on the movement of the financial capital. Is there a reason it moved to NY (as apposed to VA, MA, or MD) in 1914? Also is it possible to predict what region in china it will move to, or can we just assume it will move to Beijing.
Thanks for all your hard work. I read your blog for breakfast.
-AM

2nd-bank-of-usa-c

ANSWER: Philadelphia was the financial capitol of the United States. That is where the Bank of the United States began, and to this day, you can go to dinner on Chestnut and Walnut Streets at many fine restaurants that were once banks. That was banker’s row until the state sovereign debt crisis of the 1840s, thanks to Andrew Jackson. The Second Bank of the United States is now a museum. This was the bank that Jackson attacked.

cooke-jayJay Cooke was the first “Primary Dealer” to sell government debt for the Civil War, and he was the real financier of the Civil War. He is considered to be the first major investment banker in the United States. Cooke embraced technology by adopting the telegraph and thereby establishing the first wirehouse firm. He used the railroads to distribute bonds to people around the nation. This is why Lincoln went to Cooke to sell debt. The Panic of 1873 ended Jay Cooke & Company.

morgan-jpWith the collapse of Jay Cooke & Company, the field opened. The next man to fill that role was none other than J.P. Morgan, who also began in Philadelphia. J.P. Morgan moved the financial capitol of the United States to New York City. It was from there that he organized the gold loan for the United States during the Panic of 1896. That is why New York is New York. It was not Wall Street and the stock market, it was the banking center and insurance center that was given life by J.P. Morgan.

There has always been a rival against New York for it sees itself as the real capitol of the United States since that is where Washington was sworn in. The capitol moved south after Alexander Hamilton struck a deal with Thomas Jefferson to allow a national debt. Jefferson demanded the capitol move to his state, Virginia.

Hillary Admits Saudi Arabia funds ISIS Yet Takes Money From Them for the Clinton Foundation


hillary-john-podesta

Wikileaks has produced an email that shows Hillary Clinton routinely discussed things that should have been on a secure server. Hillary sent an email to her campaign chairman John Podesta back in 2014, who was then-counselor to President Barack Obama. In this email, she said Saudi Arabia and Qatar were both giving financial and logistical support to the Islamic State and other extremist Sunni groups demonstrating that indeed this has been a civil war between Sunni and Shia. This email, dated August 17, 2014, was an eight-point plan to defeat ISIS in Iraq and Syria. Clinton’s email said that the United States should support Kurdish forces on the ground with U.S. military advisers and avoid the use of a conventional ground operation. She said we needed to bring pressure on the governments of “Qatar and Saudi Arabia, which are providing clandestine financial and logistic support to ISIL and other radical Sunni groups in the region.” 

The differences between Shia and Sunni is to be found in their interpretation of the hadiths and sharia law on how Muslims should define and govern themselves. But for the most part, the religious differences are really superficial for the conflict and violence is truly driven by political power, which intertwines with theology. There have been protests in Saudi Arabia following execution of Shia there. This is the nature of the civil war which is brewing (see War Cycle Part II).

This really raises serious questions when in fact Saudi Arabia is one of the countries donating large amounts to the Clinton Foundation.

Are we Being Prepared for World War III?


Hillary Barking

The choice for president has never been so bad. The latest polls show 63% of voters said Clinton is overly secretive, 55% said she was corrupt, and 52% said she was “extremely liberal.” This is very interesting since the only presidents since 1900 to be elected with greater than 60% of the popular vote were Lyndon Johnson in 1964  after the Kennedy Assassination,  61.05%,  Franklin Roosevelt in 1936 with 60.80%, Richard Nixon in 1972 with 60.67%, and Warren Harding in 1920 with 60.32%. Therefore, Hillary beats everyone with the highest rating of distrust.

Hacker-1The polls are being rigged as they were in Britain for BREXIT. But plan B is clearly being put into play already preparing the public for the accusation that should Trump win, the election will be called a fraud because of Russian hackers. The Washington Post, a big Democratic Party mouth piece, ran the story that Russian hackers target the Arizona primary. CNBC is carrying the story that Russia will hack the elections. Obama has outright accused Russia of targeting the Democratic National Party (DNC) claiming two Russian hackers were discovered. This is the story being carried even by the BBC, yet the specialist called in was Shawn Henry, the chief security officer at company called in Crowdstrike, who is himself a former executive assistant director of the FBI.  It was even bantered about in the second debate between Hillary and Trump. The New York Times is jumping in also carrying the story. Reuters is now reporting that there is no question that Russia was behind the hacker at the DNC.

Democrats are now warning foreign governments and hackers that cyber attacks against the U.S. will be treated like any other, even if it leads to war. DNS hijacking or DNS redirection is a common practice. This amounts to subverting the resolution of Domain Name System (DNS) queries. This can be achieved by malware that overrides a computer’s TCP/IP configuration to point at a rogue DNS server under the control of an attacker. It can even modify the behavior of a trusted DNS server so that it does not comply with internet standards. However, the hardest problem in finding the source of these attacks is really attribution. Each data packet sent over the Internet contains information about its source and its destination. Yet the source field can be changed [spoofed] by an attacker to make it appear as if  it is coming from someplace it’s not. This is standard operational procedure. Consequently, I serious doubt that a professional hacker would have left a trace.

I cannot stress strong enough that there is no way they will allow Trump to enter the White House. It appears that should he win, like BREXIT against the odds and the polls, Obama will not leave and the election will be declared a fraud. Obama will most likely step down and hand it to Joe Biden. Out models are showing November as a rather important turning point and this seems unusual insofar as that it would be limited to merely an election. Something else may be in the wind.

Are we Being Prepared for World War III?


Hillary Barking

The choice for president has never been so bad. The latest polls show 63% of voters said Clinton is overly secretive, 55% said she was corrupt, and 52% said she was “extremely liberal.” This is very interesting since the only presidents since 1900 to be elected with greater than 60% of the popular vote were Lyndon Johnson in 1964  after the Kennedy Assassination,  61.05%,  Franklin Roosevelt in 1936 with 60.80%, Richard Nixon in 1972 with 60.67%, and Warren Harding in 1920 with 60.32%. Therefore, Hillary beats everyone with the highest rating of distrust.

Hacker-1The polls are being rigged as they were in Britain for BREXIT. But plan B is clearly being put into play already preparing the public for the accusation that should Trump win, the election will be called a fraud because of Russian hackers. The Washington Post, a big Democratic Party mouth piece, ran the story that Russian hackers target the Arizona primary. CNBC is carrying the story that Russia will hack the elections. Obama has outright accused Russia of targeting the Democratic National Party (DNC) claiming two Russian hackers were discovered. This is the story being carried even by the BBC, yet the specialist called in was Shawn Henry, the chief security officer at company called in Crowdstrike, who is himself a former executive assistant director of the FBI.  It was even bantered about in the second debate between Hillary and Trump. The New York Times is jumping in also carrying the story. Reuters is now reporting that there is no question that Russia was behind the hacker at the DNC.

Democrats are now warning foreign governments and hackers that cyber attacks against the U.S. will be treated like any other, even if it leads to war. DNS hijacking or DNS redirection is a common practice. This amounts to subverting the resolution of Domain Name System (DNS) queries. This can be achieved by malware that overrides a computer’s TCP/IP configuration to point at a rogue DNS server under the control of an attacker. It can even modify the behavior of a trusted DNS server so that it does not comply with internet standards. However, the hardest problem in finding the source of these attacks is really attribution. Each data packet sent over the Internet contains information about its source and its destination. Yet the source field can be changed [spoofed] by an attacker to make it appear as if  it is coming from someplace it’s not. This is standard operational procedure. Consequently, I serious doubt that a professional hacker would have left a trace.

I cannot stress strong enough that there is no way they will allow Trump to enter the White House. It appears that should he win, like BREXIT against the odds and the polls, Obama will not leave and the election will be declared a fraud. Obama will most likely step down and hand it to Joe Biden. Out models are showing November as a rather important turning point and this seems unusual insofar as that it would be limited to merely an election. Something else may be in the wind.