Chairman of Nissan Flees Japan Over Corrupt Japanese Legal System


Carlos Ghosn, who was chairman of Nissan and Mitsubishi Motors as well as chairman and CEO of alliance partner Renault, fled Japan where he was out on bail in Tokyo. Ghosn was facing questionable criminal charges regarding under-reporting his salary and abusing his position by transferring personal investment losses to Nissan. Bringing such charges against him are highly suspicious given he was not Japanese and he was seeking to bring Nissan and Renault closer together.

He fled Japan to Lebanon where he is a citizen as well. He is also a citizen of Brazil and France. He said he fled because of the corruption in the Japanese legal system which is notorious for having a 99% conviction rate. Fair trials in Japan just do not exist. He made a public statement after arguing that the prosecutors were conspiring with Japanese board members of Nissan to remove him from his positions so they could take over the company. He fled when it became obvious that the trial was political and he called it a “rigged” justice system.

Ghosn confirmed in a statement that he had arrived in Lebanon, saying that he would “no longer be held hostage by a rigged Japanese justice system where guilt is presumed, discrimination is rampant, and basic human rights are denied.”

My Japanese clients believed the Japanese government had conspired to start my case because I had forecast at the March 1999 Tokyo Conference that the LDP would lose for the first time since World War II, which indeed took place. The first letter was dated August 18th, 1999, and was sent to Republic National Bank as well as the Federal Reserve. The FSA asked to confirm that I had $10 billion on deposit in the bank which was being sold for $10 billion claiming the total amount of notes issued was $30 billion. Republic responded on the 24th that they needed tome. They stole the money from our accounts on August 27th and ran to the Feds.

The Federal Reserve went back to Japan and asked them to please confirm the amount since that was a huge amount of money. Then on August 31st, the Japanese government responded by claiming it was just a mistake. The amount was really $1 billion and not $10 billion. But Republic had already stolen the $1 billion, I believe, assuming the rest was missing somehow.

When this made the press in Japan, my clients could not believe that the agency in charge of the currency could make such a decimal place mistake so casually.

I have no opinion as to whether the Japanese government started everything internally or whether it as stupid decimal mistake. But my clients supported me and told me back then, thank God this did not take place in Japan for there would never have been such an admission of that type of error.

When you are in a political case, nothing the government ever says or alleges can ever be trusted.

 

Gold & the Future


QUESTION: Marty, you laid out gold’s forecast back in October 2018 which has been amazing long-term. While you said if gold would rally after the Pi turning point from a bounce off the downtrend line, then it should rally into the bottom of the ECM. Will you now publish the gold report? I know you have been really busy. But it would be nice to hear from you. Socrates has been bullish since that turn back in 2018. That has been great. It would be nice to see a report with gold in all the currencies.

Happy New Year
LM

ANSWER: Yes it is getting time to do the Gold report. Let us see if that forecast proves correct since we are approaching the target.

Gold & Socrates


COMMENT: Marty, just wanted to say thank you for Socrates. It has been great on gold and even in the miners it has distinguished the lagers like Barrick from Newmont without worry of who is getting paid to pitch what stock.

Can’t wait for the sector overviews.

Happy New Year

PB

REPLY: It is tracking over 1,000 instruments each day. I do not have the time to write about everything. I am working on the sector overview. That should be ready with the turn in the ECM. I am so glad people are getting the hang of Socrates. I do have an expiration date and have no desire to write forever.

HAPPY New Year to All.

ABC News Fears American People Might Interfere in 2020 U.S. Election…


Despite the initial reaction a stable-minded person would likely take away from the headline, it is a good thing that ABC News and other MSM have dropped their pretense and shallow-efforts to retain their open secrets.

In this example while lamenting the outcome of the recent U.K. election that saw the socialists and leftists crushed by conservative and pragmatic voters, ABC is concerned the American people may end up similarly interfering in media objectives for the 2020 U.S. presidential election.  The problem they discover is this pesky concept called “freedom”.

(Source)

Consider this argument from the article“One of the things that we’re always very cautious about is everyone looking at Russia. But actually, we should be looking at the party and political dynamics closer to home and how domestic actors are using the platforms and manipulating the systems to spread information or misinformation that’s favorable to their political stance.” 

I mean seriously.  Can you imagine a world where U.S. politicians easily spread information favorable to their political stance.  Oh.My.God… The outcome is almost unimaginable…. People, allowed to think for themselves.  Yikes, the horror of it.

Hero – Volunteer Texas Church Security Officer, Jack Wilson, Speaks to Media: “I killed evil”…


Incredible example of remaining cool and focused in an exceptionally stressful and dangerous situation.  Texas church security officer Jack Wilson, describes the six seconds when a suspect opened fire inside the church.

From a distance of around 50 feet Mr. Wilson fired a single round at the attacker resulting in an immediate kill-shot to the head.  Remarkable Interview:

Parents Beware – California Public Schools Will Implement Already Proven Failed Program to Stop Schools from Suspending Students With Bad Behavior….


California public schools are on the cusp of initiating a new state-wide law that will ban schools from suspending students for antisocial, disruptive behavior.

The absolutely worst part of this initiative is that California doesn’t need to wait to find out the results of what will happen.  This exact program was initiated in Miami-Dade and Broward County Florida schools with disastrous and deadly consequences.

SACRAMENTO (KRON) — New laws taking effect in 2020 will impact schools across California.

Starting next school year, it will be illegal for public schools in the state to suspend students in first through fifth grade for willfully defying teachers or administrators.

Then, from 2021 through 2025, it will be temporarily extended to kids in grades six through eight.

Supporters say suspensions for willful defiance are disproportionately used against students of color. (read more)

What is being described here is exactly the same as the “Promise Program” tried out in Broward County and “My Brother’s Keeper” program tried-out in Miami-Dade countysince 2010.  Both counties initiated diversionary programs for anti-social behavior that focused on keeping offending students in the school.

After several years of attempting the alternate disciplinary programs the result was abject chaos in both school systems; systemic educational failure in all affected schools; and eventually the culmination of all that progressive effort resulted in the 2018 deaths of 17 students at Marjory Stoneman Douglas High School in Parkland Florida.

It might seem like a good idea, most emotional progressive policies always do, but the prior educational results were exceptionally damaging.

Parents in California should strongly look at the results of where these types of programs were attempted before.  There is no need to take a wait-and-see approach for the consequences.  This approach has already been tested over the course of almost ten years.

In an effort to keep badly behaving students attending school the only thing that happens is teachers spend the majority of their time attempting to control those very same students.  The school administrators then have to start initiating internal programs to protect good students from the bad ones while being forced to keep them together in the same classrooms.  The result is an absolute mess.

Good students suffer because the quality of education drops almost immediately.  Bad students don’t improve and there is no actionable consequence for even violent anti-social behavior.

Parents end up stuck in the middle with few options…. until eventually it all boils over and either: (A) a formerly stable student, who has now been initiated to years of bullying, comes to school with a weapon to fend off the emotional or physical violence; or (B) one of the willfully-defiant students, like Nikolas Cruz, comes to school with a weapon to complete their mission.

In the lead-up to this guaranteed outcome, as increasing violence becomes unacceptable to the parents, reactionary school districts will try to find a way to stay compliant with the law while retaining student safety…. Ergo schools will start hiring security officers in an attempt to be proactive; metal detectors will become visible; school lockers will be eliminated as a source of potential contraband… which shifts the concern to backpacks etc. etc…  It’s a never ending cascade of unintended consequences.

Over time, within this state-wide educational jungle, each district will then start debating the acceptable number of violent assaults, rapes, drug offenses and other crimes that will have to be navigated in order to meet all the legal compliance demands.

A multi-tiered process of loosely defined school regulations will result… every individual decision will become opaque based on the situational crisis and the people placed in untenable situations.  The negative impacts will disproportionately be felt in the minority neighborhoods who already have educational challenges.

California school bus drivers, now forced to transport violent offenders, will request protective cages on their buses.  Some districts will reimburse teachers for bullet proof clothing.  School administrative offices will spend millions on security, CCTV, steel reinforced doors and armed security; all of this collective effort is used to manage an increasingly defiant group of students.  However, all of this effort amounts to a focus that is entirely detached from teaching anything.

Schools will turn to law enforcement for help.  Arrests will replace suspensions…. then there will be a backlash to the number of students getting arrested… the same progressive thought leaders who initiated the “non suspension” policy for willful defiance, will now propose juvenile justice reform that will lower “student arrests”…. and so the cycle will go until eventually the entire educational system is based on Safari Rules.

Loosely defined, Safari Rules say: don’t get out of your car or it’s your own fault for being eaten by the animals.  Translated into context: sending your kids to public schools is the same as pushing them out the car door.

California doesn’t need to wait to see the outcome, it has already been tried.

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Another Horrific Anti-Semitic Attack in New York – Five Jews Critically Wounded During Machete Attack…


New York has a serious anti-semitic problem with escalating violence against Jewish people of faith.  Last night a 37-year-old attacker, Grafton E. Thomas (pictured below), targeted a home and synagogue in Rockland County, severely injuring five people before fleeing the scene.   Grafton Thomas was arrested in Harlem shortly after the attack.

MONSEY, New York (WABC) — A man attacked a Hanukkah celebration at a rabbi’s home in Rockland County late Saturday, stabbing and wounding five people before fleeing in a vehicle.

The Orthodox Jewish Public Affairs Council (OJPAC) says the victims were stabbed shortly before 10 p.m. Saturday at the home on 47 Forshay Road in Monsey.

Fifty to 60 people were inside the synagogue, which is connected to the home, at the time. Saturday was the seventh night of Hanukkah.

Witness Aron Kohn described the moment the suspect walked into the Rabbi’s residence and began attacking with a knife he described as almost as big as “a broomstick.”

“I saw him walking in by the door. I asked who was coming in in the middle of the night with an umbrella. While I was saying that, he pulled it out from the thing and he started to run into the big room, which was on the left side. And I had thrown tables and chairs, that he should get out of here. And the injured guy, he was bleeding here, bleeding in his hand, all over,” Kohn said. “I ran into the other room to save my life. I saw him running this way, so I ran the other way to save my life. He said something but I could not understand what he said. I saw him pull out the knife from the holder, the case.”

All of the victims were taken to the hospital in critical condition, officials said.

Ramapo Police Chief Brad Weidel identified the suspect as Grafton E. Thomas, 37, of Greenwood Lake, New York. He was apprehended in a grey Nissan Sentra at 144th street and Adam C Powell Boulevard in Harlem shortly after the attack.

At a news conference on Sunday morning, authorities said he will be arraigned on 5 counts of attempted murder and burglary charges. (read more)