Interview: Neocons, Global Warfare, Digital Currencies, Bitcoin


Armstrong Economics Blog/Armstrong in the Media Re-Posted Mar 18, 2023 by Martin Armstrong

Watch the video above or click here to listen to my latest interview: “Neocons, Global Warfare, Digital Currencies, Bitcoin.”

Interview: The World According to Martin Armstrong Part 3, The Rise of the Neocons


Armstrong Economics Blog/Armstrong in the Media Re-Posted Mar 18, 2023 by Martin Armstrong

Summary:
Martin Armstrong joins us in this episode to give his perspective on what’s happening in the world—addressing topics like the war in Ukraine, gold, central bank currencies, cryptocurrency, and more. We discuss what’s in store for the war and whether there is an end in sight, noting the US’ tendency to get involved in endless wars with no strategic defense. Furthermore, Russell emphasizes that the market will eventually break to the upside, and that capital will move from the bond markets and into the private sector. Tune in to this episode for more expert insight. 

Press play on the audio player above or click here for my latest interview with Kerry Lutz: “The World According to Martin Armstrong Part 3, The Rise of the Neocons.”

The International Criminal Court (ICC) Issues Warrant for Russian President Vladimir Putin for Human Trafficking, Child Abduction and Other Heinous Misdeeds


Posted originally on the CTH on March 17, 2023 | Sundance

Before looking at the absurdity of the International Criminal Court (ICC) position, it is worth noting that Russia, Ukraine, Saudi Arabia, India, Iran, Iraq, Turkey, the United States and China do not recognize the jurisdiction of the ICC and are not member states in the organization {LINK}.

Additionally, I doubt the countries of Kiribati and Malawi are going to launch a military offensive against Russia; so, one has to ask, exactly what is this latest production about – amid the theater of World War Reddit.

The essential accusation is that Vladimir Putin took orphans out of orphanages in the Ukraine war zone and moved the children to safety in Russia.  Ergo, Putin is guilty of human trafficking and abducting children.

THE HAGUE (AP) — The International Criminal Court said Friday that it has issued an arrest warrant for Russian President Vladimir Putin for war crimes, accusing him of personal responsibility for the abductions of children from Ukraine.

It was the first time the global court has issued a warrant against a leader of one of the five permanent members of the U.N. Security Council.

The ICC said in a statement that Putin “is allegedly responsible for the war crime of unlawful deportation of (children) and that of unlawful transfer of (children) from occupied areas of Ukraine to the Russian Federation.”

The move was immediately dismissed by Moscow. […]  Kremlin spokesman Dmitry Peskov said Russia doesn’t recognize the ICC and considers its decisions “legally void.” He called the court’s move “outrageous and unacceptable.”  Peskov refused to comment when asked if Putin would avoid making trips to countries where he could be arrested on the ICC’s warrant.

[…]Lvova-Belova, who was also implicated in the warrants, reacted with dripping sarcasm. “It is great that the international community has appreciated the work to help the children of our country, that we do not leave them in war zones, that we take them out, we create good conditions for them, that we surround them with loving, caring people,” she said. (read more)

Chairman Xi Heading to Russia Next Week For State Visit with President Putin – NATO, Ukraine and U.S. Going Bananas


Posted originally on the CTH on March 17, 2023 | Sundance 

U.S. government officials are not happy as China confirms Chairman Xi Jinping visit to Russia next week to meet with President Putin.

In the background of the Ukraine conflict, smiling Panda has been happy to see distracted western nations bleeding their resources and treasury in support of Ukraine.  Meanwhile, happy Panda negotiates and brokers increased relationships between Russia, Iran, Saudi Arabia, India and China.

There is no downside to Chairman Xi visiting Russia and advancing a position that ‘peaceful negotiations’ should begin between Russia and Ukraine, unless a resolution to the conflict is against the geopolitical usefulness of the war – which appears to be the unfortunate current status.

“The U.S. on Friday said it would oppose any effort by China at the meeting to propose a ceasefire in Ukraine“…

Think about that.  Remember, Ukraine is to Washington DC as North Korea is to Beijing.

KYIV, Ukraine (AP) — Chinese President Xi Jinping plans to visit Moscow next week, offering a major diplomatic boost to Russian President Vladimir Putin on the same day the International Criminal Court announced it wants to put the Russian leader on trial for alleged war crimes.

Xi’s visit was the latest sign of Beijing’s emboldened diplomatic ambitions, and came amid sharpening East-West tensions over the war in Ukraine, now in its 13th month.  The U.S. on Friday said it would oppose any effort by China at the meeting to propose a ceasefire in Ukraine as the “ratification of Russian conquest.”

White House National Security Council spokesman John Kirby encouraged Xi to reach out to Ukrainian President Volodymyr Zelenskyy to get his country’s perspective on the war and avoid any “one-sided” proposals.

China has sought to project itself as neutral in the conflict, even while it has refused to condemn Moscow’s aggression and declared last year that it had a “no-limits” friendship with Russia. Beijing has denounced Western sanctions against Moscow, and accused NATO and the United States of provoking Putin’s military action.

Throughout the conflict, China has said the sovereignty and territorial integrity of all countries should be respected. It remains unclear, however, whether it sympathizes with Moscow’s claims to seized Ukrainian territory.

[…] Kremlin spokesman Dmitry Peskov said Friday that Putin and Xi would have a one-on-one meeting over an informal dinner Monday. Broader talks involving officials from both countries on a range of subjects are scheduled for Tuesday.

Putin’s foreign policy adviser, Yuri Ushakov, suggested the talks could yield new approaches to the fighting in Ukraine. “I’m sure that our leader and the Chinese leader will exchange their assessments of the situation” there, he said. “We shall see what ideas will emerge after that.”  (read more)

.

What Reagan Would NOT Do


Armstrong Economics Blog/Politics Re-Posted Mar 17, 2023 by Martin Armstrong

America should violate international law to begin World War III, or as Senator Lindsey Graham worded it: “We should hold [Russia] accountable and say that if you ever get near another U.S. asset flying in international waters, your airplane would be shot down.” Graham suggested last year that we simply assassinate President Putin, so this was not in response to a Russian jet clipping an unmanned US drone. Graham is so invested in destroying Russia that he has been the only Republican senator to visit Ukraine since the war began.

All the Neocons point to Ronald Reagan. In this same interview, Graham asked, “What would Ronald Reagan do?” Liz Cheney recently criticized DeSantis for saying Ukraine should not be a priority by invoking the Reagan card. Her dad even ran on a platform of wanting to exemplify Reagan’s policies as his own. Reagan was against communism, but the current conflict has absolutely nothing to do with communism or a fallen empire.

Ronald Reagan was the most respected Republican president since Abraham Lincoln. The Neocons, like Graham, effectively stand for everything that Reagan rejected. When I wrote to Reagan warning in 1985 that the formation of what became the G5 would lead to a crash by 1987, he ordered the Chief Economic Adviser Mr. Sprinkle to respond to me directly.

Reagan initiated the arms race to outspend the USSR during the Cold War. This too was a proxy war against the generally democratic Western bloc and the Communist Eastern bloc. He tried to avoid direct battle with the USSR as he was said to be fearful, rightly so, of nuclear war. Senators were not advocating shooting down planes, and causalities remained minimal as far as war is concerned.

Jonathan Clarke and Stefan Halper wrote in “America Alone: The Neoconservatives and the Global Order” that Republicans have “attached a Reagan bumper sticker to their motorcade [but they] ignore much of the substance: the intense arms control commitment, the summitry, the minimal use of direct American military power.” Gene Healy published an article for the CATO Institute: “Reagan Was No Neocon.” Reagan wanted to protect American democracy, but he did not want to act as a missionary spreading democracy to foreign countries.

Margaret Thatcher famously said that Reagan won the Cold War without firing a single bullet. When reading his eulogy, Thatcher did not describe a warmonger.

"Yet his ideas, so clear, were never simplistic. He saw the many sides of truth. Yes, he warned that the Soviet Union had an insatiable drive for military power and territorial expansion, but he also sensed that it was being eaten away by systemic failures impossible to reform. Yes, he did not shrink from denouncing Moscow’s evil empire, but he realized that a man of good will might nonetheless emerge from within its dark corridors.

So the president resisted Soviet expansion and pressed down on Soviet weakness at every point until the day came when communism began to collapse beneath the combined weight of those pressures and its own failures. And when a man of good will did emerge from the ruins, President Reagan stepped forward to shake his hand and to offer sincere cooperation.

Nothing was more typical of Ronald Reagan than that large-hearted magnanimity, and nothing was more American.

Therein lies perhaps the final explanation of his achievements. Ronald Reagan carried the American people with him in his great endeavours because there was perfect sympathy between them. He and they loved America and what it stands for: freedom and opportunity for ordinary people."

Ronald Reagan would be appalled to see how his own party tosses around his name to promote murder. Reagan would not sacrifice domestic policy, send “blank checks” to Ukraine, or push America into a global war with nations that have comparable nuclear capability. So what would Reagan do? He would prioritize his own nation and end this complete nonsense.

The Old Guy in the Corner of the Room


Armstrong Economics Blog/Interest Rates Re-Posted Mar 17, 2023 by Martin Armstrong

COMMENT: Marty, I hate to tell you but the reason you saw this coming was that you are old – like me. LOL. Do you realize that the 2007-2008 crisis was 16 years ago! Time flies, my friend. Most traders at these banks are under 35. That means that they have never seen anything like this and could not smell, taste, or see it coming. When we were youngsters, the old guy in the corner of the room would always say this is like 1929. Remember him? We are that guy today. I will buy you a Dewars when I get to Florida. The good news is we won’t have to endure this insanity much longer.

Cheers

ND

REPLY: I guess you are right. There has been a  cycle of events like this for centuries. Perhaps it requires a new generation of traders every 16 years or so who think they know everything. When I was advising Temple University’s portfolio and Merrill was trying to sell them the “new way” to make money by buying the long-term, selling the short-term, leveraging that to the moon and the spread would enhance your yield, the way to increase the yield on your portfolio. The chairman of Temple told them if I approved it the University would consider the proposal. I told them interest rates would rise and they would blow up. These two young kids selling this leverage deal told the University I was “too old” back in the 90s because I did not know the “new way” to make money. The chairman was older than me. The University told them to take a hike. On December 6th, 1994, Orange County California became the largest municipality in U.S. history ever to file for bankruptcy for they tried the “new way” to make money and blew up. That was in the courts for some time.

These people NEVER seem to ever understand when the trend will change especially in interest rates. They also position themselves based upon opinion and consensus but the consensus MUST be wrong for that is what flips the trend back and forth. Only fools invest money based on opinion and the consensus view and are quickly separated from their money. Without that loss, they never learn how how markets work and those that blame others are hopeless perpetual losers for they never learn anything.

Even Ben Franklin said during the Financial Crisis: “In this world nothing can be certain, except death and taxes.” He uttered those words because of the financial panics. in his day. There was the Panic of 1791 which was followed by a massive real estate bubble that then burst during the next Panic of 1792.

The Bank of North America had been the creation of Robert Morris (1734-1806) who got caught up in the whole real estate bubble. Morris had financed the American Revolution. He was a major patriot. Nevertheless, his bank went bust in the first Financial Panic over interest rates back then and he ended up in debtor’s prison thanks to the Panic of 1792. This is one of my favorite relics of the era.

So banks have been failing over interest rate swings for hundreds of years. They don’t teach this risk management in university and the current risk models do little but snooze over the real risks for they ignore cycles. We NEVER learn from the past because people find history irrelevant or boring. You are right, we are the old guys in the corner of the room compelled to watch others repeat history over and over again.

Kevin O’Leary Discusses How Small and Regional Banks Will Disappear With New Biden/Yellen Policy…


Posted originally on the CTH on March 16, 2023 | Sundance

Small to medium sized banks along with credit unions are the best vehicle for Main Street USA small businesses.  Somehow in all the conversations about banking customers, this little factoid is seemingly, perhaps purposefully, overlooked.   WATCH:

Senator Bill Cassidy Confronts Treasury Secretary Janet Yellen on Biden Tax Proposal, “That’s a Lie”


Posted originally on the CTH on March 16, 2023 | Sundance 

During today’s Senate Finance Committee hearing, Sen. Bill Cassidy (R-LA) questioned Treasury Sec. Janet Yellen about Social Security and the immediate cuts that take place in nine years if the current plan goes bankrupt.  The confrontation was professional, but also very focused.  WATCH:

.

House Oversight Receives Bank Records Showing Biden Family Paid by Chinese Energy Company


Posted originally on the CTH on March 16, 2023 | Sundance 

The House Oversight Committee released records today outlining how the Biden family was paid by a Chinese energy company [House Link Here].  The bank records indicate payments to Joe Biden’s son, Hunter Biden; Joe Biden’s brother, James Biden; Joe Biden’s daughter-in-law, Hallie Biden, and an unknown “Biden;” likely the principal, “big guy”, Joe Biden himself.

WASHINGTON—Today, the House Committee on Oversight and Accountability issued a memorandum revealing new evidence resulting from the investigation into the Biden family’s influence peddling and business schemes. Subpoenaed financial records show that from 2015 to 2017, Biden family members – Hunter Biden, James Biden, Hallie Biden, and an unknown “Biden” – and their companies collectively received $1.3 million in payments from accounts related to Rob Walker, a Biden family associate.

Notably, on March 1, 2017, less than two months after Vice President Joe Biden left public office, State Energy HK Limited, a Chinese company, wired $3 million to Rob Walker’s company. The next day, the company wired $1,065,000 to a company associated with James Gilliar, another Biden family associate. Afterwards, the Biden family received approximately $1,065,000 in payments over a three-month period in different bank accounts. From the bank records, it appears that the Biden family received approximately one-third of the money obtained from the China wire.  (read more)

[Source pdf]

Rasmussen Poll Shows 55% of All Voters Agree that DC Republicans Worked With DC Democrats to Keep Trump From Being Reelected in 2020


Posted originally on the CTH onMarch 16, 2023 | Sundance

March 16, 2023 | Sundance | 235 Comments

If you wonder about whether people are really starting to understand the UniParty operation in Washington DC, the answer appears to be a resounding “Yes.”

According to the latest Rasmussen poll [LINK HERE], even a majority of Democrats admit that Republicans likely conspired with Democrats to keep President Trump from winning the 2020 election. The exact wording of the question is:

How likely is it that Republican politicians in DC worked secretly with Democrats to keep Trump from being reelected in 2020?

55% – of all voters agree it is likely.
67% – Republicans
51% – Democrats

Rasmussen’s Mark Mitchell appeared on the Steve Bannon podcast to discuss the results of the poll.  WATCH:

.

As CTH has continued to outline, the Republican Party of Bush, Romney, McConnell et al, is dead.  Voters who support President Trump reject the Wall Street professionally Republican donor class.  The Republican Party is the party of MAGA, America First and Donald Trump now.

Recently on Twitter I stated, “There are not enough people who take pictures of their lunches to post on Instagram to support Ron DeSantis for president.”  This is the essential core of the issue.  Working people and people on fixed incomes understand the value of America First and Donald Trump in/on their lives.  Every other coalition is a small segment of elite minded snobbish people who think they know better.  Keep watching.