Uncertainty is the Mother of Volatility


QUESTION: Well you called this year the political year from hell. You got that one right again. Between trying to figure out the politics in the US, we have Britain in turmoil and Italy trying to figure out if they should stay or go. Hungary becoming more defiant and Sweden swinging to the right. You are the best at forecasting this sort of crazy stuff. You got BREXIT right and Trump’s victory. I can see your model looks at the economics and predicts a response that becomes political change. So what does this all mean?

KD

ANSWER: Regardless of your political persuasion be it for or against any of these political issues, the importance is really the impact upon CONFIDENCE. If you are for or against Trump, we still have one thing in common. We just want stability and some sense of the future to bank on. For example, if Trump were to go down, the impact upon the world market could be very dramatic and how we then stage ourselves to survive this type of financial chaos is critical. It is the same situation in Europe. If Italy pulls the cord to get out, the Euro cannot survive. What I hear from Behind the Curtain is that the ECB may be forced to cut its bond purchases by 50% and there are even those demanding Quantitative Easing MUST end by the end of the year. Draghi has DESTROYED the bond markets in Europe. Stopping QE will result in interest rates going up dramatically.

As I have said, Trump is the Counter-Trend or FALSE move. I fear what comes afterward be it now or in 2020. My experience has been that the political machine will NOT reform or look at the crisis in motion economically REGARDLESS or who is in office. Be it Democrat or Republican, they will hunker down to support the status quo of the system and that is the bottom line.

All this chaos with Trump reflects how serious the situation has become. The career politicians are desperate to get control back but they will not reform or care about the country and I seriously doubt that Trump really understands the gravity of our situation right now. So welcome to the year from Political Hell because this undermines confidence and creates UNCERTAINTY and that is the moth of volatility. So, there is no point in getting all uptight for or against Trump, Theresa May, or any Juncker in Brussels. The computer does not show that ANYONE will be able to reverse the direction we are headed into. This is merely our fate.

Step back and look at politics as the source of the moves that await us. Getting rid of Trump will only add to the uncertainty sooner than later and we have nobody on either side of the aisle who has a clue of what needs to be done or what is coming around the corner. So, look at this objectively. This is about understanding what is behind the trading strategy. That’s it. Nothing more. Nobody can save the day. We have to save ourselves. The computer is objective. It does not vote. I trust its projections for it is detached emotionally

What Kind of System is Better? Parliaments or Fixed Term Republics?


QUESTION: hi martin just a quick question about government systems. Do you think the USA would be better served by adopting a parliamentary system of governance( like for example the UK) or do think it is better served by a presidential system?

Love to know your opinions

all the best a

ANSWER: Now. The Parliamentary System is inherently far more anti-democratic. It promotes small minorities to impose their will upon the majority in order to form governments. For example, while Angela Merkel has been the Chancellor of Germany and the real power behind Brussels for whatever Germany says, the rest of Europe must jump, when you look at who actually votes for Merkel you will notice that she draws well below 40% of the vote. That means she then remains Chancellor by cutting deals with minority parties to retain personal power. Hence, you have no idea what you are voting for because even if she told the truth about what she stands for, she will have to compromise that position to hold on to power.

The French system is better insofar as you can start with 10 different parties but there are run-offs until you get down to two. The people have to vote for one or the other.

The American system was based upon the Roman Republic, which collapsed because of pervasive internal corruption by career politicians. The office of Dictator would be a person appointed to simply cut through that inability to make decisions as we see today in the US Congress because each side will oppose the other to deprive them of any credit. A Roman dictator was a magistrate of the Roman Republic, to whom they entrusted the full authority of the state to deal with some emergency or to undertake a specific duty. Every other magistrate were subordinate to his rule. Even the right of the plebeian tribunes, who no one could touch and had the power to charge politicians, could not veto his actions and any right to appeal was extremely limited.

Nonetheless, they respected that there could be an inherent danger to take over the state. Therefore, to prevent the dictatorship from threatening the state, his powers were limited.  For example, a dictator could only act within his intended sphere of authority. This is something that Mueller is in serious violation of as Special Prosecutor. A Roman dictation could never roam freely and charge people with crimes outside of the purpose for which he was appointed. Additionally, a Roman dictator was obligated to resign his office once his appointed task had been completed. This too is something completely out of control today as with Mueller. He can remain in that position for 8 years as long as Trump could possibly be in office. A Roman dictator’s terms would require renewal every six months. There is no review of Mueller allowed.

The American system is far the superior political system. However, it lacks limitations to prevent oligarchies. There should be term limits for all politicians to prevent careers which lead to corruption and tyranny.

The term of office should be limited to ONE YEAR and out. They should serve as the supervisors of the bureaucracy. The power to indict must be taken away from the Department of Justice and that decision should be also presented to a panel of independent lawyers who make that decision, not a prosecutor. There should also be no prosecutorial immunity. I for want would require that everyone votes from a computer on each bill and the bill cannot be greater than two pages in length and it may not involve more than one subject matter.

Any law must be FIRST ruled on if it is Constitutional BEFORE it is enacted. Judges should be appointed by lawyers, not politicians, and they should serve for no more than two years. No criminal offenses should involve jail or prison EXCEPT for violence and political corruption. I am sure there are a few other safeguards we can add. This is not my manifest in total

Sean Hannity Interviews President Trump During MAGA Rally – President Trump Notes Proactive Calls From Two Governments Surrounding FISA Declassification…


Fox News host Sean Hannity interviews President Trump moments prior to the beginning of a MAGA rally in Las Vegas, Nevada.   Very interestingly at 03:05 of the video below President Trump makes note of pro-active phone calls from two foreign governments (likely British and Australian) prior to fulfillment of the declassification releases of the FISA application used against Carter Page.  [ie. ‘spy-gate’]

As readers here are familiar, during the declassification process any potentially impacted intelligence entity or ally is contacted in advance as part of the declassification review.  It would appear, calls from U.S. intel to British and Australian intel precipitated calls from British and Australian leadership to President Trump.

Part of the declassification directive that would apply to the phone calls:

(3) all FBI reports of interviews prepared in connection with all Carter Page FISA applications.

President Trump MAGA Rally – Las Vegas, Nevada – 10pm Livestream….


Tonight President Trump is holding a MAGA campaign rally in Las Vegas, Nevada.  This is the first event since cancelling two rallies last week due to Hurricane Florence. The rally venue is the Las Vegas Convention Center in Las Vegas, Nevada. President Trump is anticipated to speak at 10:00pm EST / 7:00pm PST with pre-rally speakers and events much earlier.

Part of the MAGA agenda is to support Nevada Senator Dean Heller who has been endorsed by the Trump campaign. Additionally, Republican congressional candidate Danny Tarkanian is expected to attend the rally. Tarkanian is running for the House seat now held by Heller’s Democratic opponent, Rep. Jacky Rosen. Earlier this year, President Trump nudged Tarkanian to withdraw from a primary challenge against Heller and instead run for Rosen’s seat.

UPDATE: Video Added

RSBN Livestream LinkFox News Livestream LinkAlternate Livestream Link

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President Trump Minute Message on Trade….


The U.S-Canada negotiations ended today without any progress.  President Trump delivers a video message about trade:

Trade Discussion – Canada: “No Deal Better than Bad Deal”…


Foreign Minister Chrystia from Canada is in Washington DC today meeting with U.S. Trade Representative Robert Lighthizer.  There are conflicting reports as to the possibility of a trade deal being reached.  Canada is heavily relying on internal pressure from the U.S. Chamber of Commerce lobbying group to sway/leverage the negotiation in their favor.

From the Canadian negotiation position every syllable and syntax is viewed through the prism of politics.  From comments amid all the Canadian participants and interests, they view President Trump as the only adversarial U.S. entity in the bilateral discussion. As a consequence of this outlook, all Canadian leverage efforts are targeted toward political opposition of President Trump; with assistance from a U.S. congress that has been purchased by Wall Street lobbyists to align with Canada against U.S. interests.

Peel all the layers away and ultimately this is the political position from which Canada is negotiating.  All-in-All, the most likely outcome is NO DEAL.

In order for Canada to accept or join, via a NAFTA 2202 modification, they would need to agree to the U.S-Mexico modification terms. For Canada they would have to:

  • Open their telecommunications and banking sector (eliminate non tariff barriers). Justin Trudeau calls these “cultural industries” and has refused any discussion on this matter.
  • Eliminate soft-wood (lumber) and aeronautics subsidies.
  • Begin a process of lowering their assembly use of Chinese/Asian goods.
  • Accept the rules of origin for North American manufacturing.
  • Eliminate protectionist tariffs on dairy and farm products.  This is another issue where Justin Trudeau has expressed an unwillingness to negotiate.
  • Accept the U.S-Mexico terms for arbitration and dispute resolution.

If Canada complied with the U.S-Mexico terms, they would likely be exempted from U.S. Steel and Aluminum tariffs, and would not face auto tariffs.  However, Canada views any steel, aluminum and auto tariffs as invalid and unlawful.

WASHINGTON/OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau said on Wednesday he wanted to see flexibility from the United States if the two sides are to reach a deal on renewing NAFTA, which Washington insists must be finished by the end of the month.

Ottawa is pushing back against increasing pressure by the administration of U.S. President Donald Trump and its allies to make the concessions they say are needed for the trilateral North American Free Trade Agreement.

“We’re interested in what could be a good deal for Canada but we’re going to need to see a certain amount of movement in order to get there and that’s certainly what we’re hoping for,” Trudeau told reporters in Ottawa.

[…] Trump has already wrapped up a side deal with Mexico and is threatening to exclude Canada if necessary. Canadian officials say they do not believe the U.S. Congress would agree to turn NAFTA into a bilateral treaty.

An influential Canadian private sector union leader, in Washington for consultations with Freeland’s team, on Wednesday played down the chances of an imminent agreement.

“Do I believe there will be a deal this week? I don’t think so,” Unifor boss Jerry Dias told reporters, saying the United States would need to move on some major files.

Trump and Trudeau spoke by telephone late on Tuesday and discussed NAFTA, the Canadian prime minister’s office said in a brief statement.

The Republican chairman of the U.S. House of Representatives Ways and Means Committee, Kevin Brady, told CNBC on Wednesday that “Canada needs to really step up here this week” to meet the Oct. 1 deadline set by Washington.

But U.S. Chamber of Commerce President Thomas Donohue said it would be extremely complicated, if not impossible, for the administration to pull off a Mexico-only agreement.

“If Canada doesn’t come into the deal there is no deal,” Donohue told a media breakfast in Washington.  The Chamber, the most influential U.S. business lobby, wants NAFTA to be renegotiated as a tri-lateral agreement.  (read more)

WATCH:

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Again, the calendar to the mid-term elections looms over the perspective of Canada.  They, along with various trade affiliates, multinational corporate interests, Wall Street and political allies, are hoping for Republican losses in congress so their congressional democrat allies will finally stop Trump.

There are trillions at stake…

DC: Nellie Ohr and James Baker Refusing to Testify to Congress…


According to sources responding to The Daily Caller, Nellie Ohr and James Baker are refusing to willingly testify to the joint House Oversight and Judiciary committee chaired by Bob Goodlatte.   Nellie’s husband Bruce Ohr, a current DOJ official, previously testified to the committee; however Nellie Ohr is not in government and may have to be subpoenaed if Chairman Goodlatte wants her testimony. She was originally schedule to appear tomorrow.

UPDATE – “The Committee continues to seek the testimony of Nellie Ohr and Jim Baker and will compel their testimony if necessary.”

Nellie Ohr was a FusionGPS employee and a bridge of contact between FusionGPS and Christopher Steele.  There are strong indications Nellie Ohr may have actually authored a considerable portion of the Steele Dossier for use by the FBI.  In prior testimony FusionGPS founder, Glenn Simpson, was less than forthcoming about Nellie Ohr’s engagements; and generally misled -direct and by omission- both the Senate and House intelligence committees about Mrs. Ohr.

Additionally, The Daily Caller is reporting that former FBI Chief Legal Counsel James Baker is also refusing to cooperate.  Mr. Baker was removed from his position in December 2017, and left the FBI May 4th, 2018, after spending five months in employment limbo.

FBI legal counsel James Baker accompanied FBI Asst. Director “Andy” McCabe to a Tuesday December 19th, 2017, congressional hearing with the House Intelligence Community.  Curiously, in addition to other lines of inquiry, during the questioning McCabe was asked about whether James Baker was authorized to speak to the media about the Steele Dossier and the underlying ‘counterintelligence’ operation.  Asst. Director McCabe responded that Baker would not be authorized to take such action.

Following the December 19, HPSCI hearing, republican committee leadership announced their plan to subpoena James Baker for further questioning.  [Keep in mind Baker was there.]  Two days later, at the Thursday Judiciary and Oversight Committee hearings, James Baker did not accompany Andrew McCabe.   Hours later, James Baker is removed from his responsibilities as legal counsel within the FBI.  Cause: ‘unknown‘.  Five months later Mr. Baker resigned from the FBI.  Mr. Baker went to work with Benjamin Witts at Lawfare.

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Project Veritas Third Release: GAO Auditor Admits “I break the rules every day”…


(Washington DC) Project Veritas has released the next in a series of undercover reports which unmask the Deep State. This report features a Government Accountability Office (GAO) employee and self-proclaimed Communist actively engaged in potentially illegal political activity. Natarajan Subramanian is a government auditor for the GAO and a member of the Metro DC Democratic Socialists of America (Metro DC DSA).

Metro DC DSA is a socialist group that works to advance progressive issues in the Metropolitan DC area. Subramanian’s political activism may directly violate federal statutes as well as the “Yellow Book” rules which apply specifically to government auditors.  (read more)

Shining a Light on the Deep State at State


Published on Sep 19, 2018

A new hidden-camera video from James O’Keefe’s Project Veritas catches a State Department employee bragging about how he works for a Socialist political party on-the-clock at State. Does this peek into the “deep state” make conspiracy theorists seem tame? Stephen Green leads Scott Ott and Bill Whittle to explore the implications of the enemy within. Watch this week’s Right Angle on a real plan to drain the swamp: https://youtu.be/uAJutZawF6c To become a citizen producer of this kind of content:

Political Corruption: Is It Too Late to Stop It?


Published on Sep 19, 2018

Sen. Ben Sasse proposes legislation to fulfill President Trump’s promise to ‘drain the swamp’. But will elected officials cut off their own cash-stream? Scott Ott leads Bill Whittle and Stephen Green beyond campaign slogans, to actual action in this episode of Right Angle.