Saudi Threat to Sell U.S. Assets is No Big Deal


Adel_Al_jubeer

Saudi Arabia has threatened the Obama administration and congressional leaders that it will sell billions of dollars in U.S. financial assets if Congress passes a bill to make the Saudi government legally responsible for any role in the 9/11 attacks. That bill would allow claims to freeze their assets in the USA by a judge pending the litigation. Obama has tried to stop Congress from passing the legislation, but this is a bipartisan Senate bill. Obviously, Saudi Arabia is worried that there are viable claims that are not frivolous. The typical dollar haters are championing this as a death knell, but Saudi Arabia’s assets of $750 billion are not exclusively government bonds. Saudi Arabia does not even make the top 10 list of holders of U.S. Treasury notes. Most of their “investments” are other assets which would be crazy for them to try to sell for the price would crash.

As far as Treasury notes, the Saudi holdings would be soaked up in minutes. Sorry, no big deal. I have warned that the whole Syria mess has involved a pipeline to deliver gas to Europe. They did threaten Putin that terrorism would hit Russia for the Olympics if they did not yield to Saudi Arabia. Then there are those pointing to the connection of terrorism in Brussels linked to Brussels’ largest mosque that is bankrolled by Saudi Arabia, a Salafist regime, which has tried to separate itself from the terror attacks. However, some say they are not revealing everything. There are more and more people pointing at Saudi Arabia so they are obviously trying to stop any lawsuits that might embarrass them even more. If people could file suits, either they just hand them default judgments or they defend, and to defend they have to provide a discovery of many things they do not wish to reveal.

2015-2016

Welcome to the other side of 2015.75 – the decline and fall of governments. This is a worldwide trend for their attempt to manipulate society is coming to an end. OPEC has been unable to control the price of oil. Governments have been unable to manage the economy. This is all coming to a shocking end. They will kick and scream all the way, but will not change the course of destiny.

Sunday Question: “Why Do You Support Donald Trump”?


I Like trump for two reasons number one is he has correctly identified the key problems facing our country; where are out of control spending, shipping job to China, open borders and bringing Muslims into America. There are others, of course, but those four are at the top of the list. Since i have been seriously studying these issues for 20 years it was refreshing to see one person hit them all.
The second reason is that he is not an attorney nor a politician since both are trained to lie and cheat. I got seriously into politics after 9/11 and when Obama ran the first time I worked very hard to stop him as he was exactly what we didn’t need. Between 2008 and 2014 the tea party group i belong too had many politicians come to us for recommendations and we had from them promises which i can state that few if any were ever kept. Since this was a personal observation of both local and national Republicans it was easy to see that the party itself was corrupt. By the way I’m in Cleveland Ohio.

Obviously I knew who Trump was but so I knew he was a very successful businessman which meant he knew how to get things done not pontificate about them. So when he announced he was running and talked about the wall and said he would get Mexico to pay for it he had we because I knew he could do it. And i have been writing and posting on my blog ever since about him albeit not as well as Sundance.

Modern Liberalism and the Death of Civilization


Prof. Paul Eidelberg

The Nihilism (involving moral relativism) that contaminated higher education in America begins with the early 20th century flood of European philosophy in American academia.  Most influential was Germany’s (or Hegel’s) historical relativism, which contradicts the biblical narrative, as did England’s (or Hume’s) atheistic empiricism. Both dominate higher education to this day, even in the “Jewish” state of Israel.

As Leo Strauss has shown, the father of modern liberalism is none other than Spinoza. Spinoza is also the father of biblical criticism. This made Spinoza the darling of Germany, of the nineteenth-century German school of Bible Critics.

Spinoza must therefore have encouraged the European-educated John Stuart Mill, whose mid-nineteenth essay On Liberty made him the world’s leading exponent of unfettered freedom of speech, hence of the free speech Liberalism that continues to predominate the mentality of American law schools and judicial institutions.

Paradoxically, however, free speech Liberalism is now eviscerating academic freedom in the United States. American colleges and universities have succumbed to the virtual totalitarianism underlying the prohibition of what is called “hate speech,” speech that offends the sentiments, above all the religious beliefs of Muslims, The ban on “hate speech” means the end of the liberal dogma of unfettered freedom of speech. The ban on “hate speech” may readily be construed as indistinguishable from speech involving, however remotely the character of other human beings.

What irony! The unrestrained permissiveness of Liberalism regarded obscenity as a protected form of speech by the American Supreme Court. This ruling at least denied the existence of truth and of evil, hence of that which denies the existence of a rational God, as well as the distinction between the human and the subhuman.

That denial can readily undermine the distinction between the polite speech appropriate in the company of woman and the obscene speech typical among vile men. This involves a degradation of language. The foulness of language violates the language of Holy Writ, which utterly avoids obscenity and employs only euphemisms to avoid any degradation of the human body, the creation of God.

This lofty attitude toward speech or language was overruled by Israel’s ultra-Liberal Supreme Court president, Judge Aharon Barak, who nullified a law permitting the Film Censorship Board to ban pornographic movies by ruling that nothing can actually be declared pornography, “as one man’s pornography is another man’s art” (Station Film Company v. Film Censorship Board, 1997).

As a free speech Liberal, Barak seems to have been very much influenced by the academic doctrine of moral-cum-cultural relativism. Moral-cum-cultural relativism was, and effectively still is, the ruling dogma of the Hebrew University in Jerusalem.

The most famous and influential intellectual founder of this university was the German-educated Martin Buber. Buber, who renounced Judaism to the extent of marrying a Gentile, propagated the anti-Jewish Hegelian doctrine of Historical Relativism (or moral pluralism). Buber’s book, Two Kinds of Faith, happens to provide a philosophical basis of the “two-state solution” to the Israel-Palestinian conflict.

Buber wrote Two Kinds of Faith to justify by his marriage to a Gentile, a convenient academic justification for a Jew-turned cultural relativist!

 

Epilogue

The free speech Liberalism underlying American as well as Israeli law has sanctified public obscenity and even pornography, which are rooted in atheism. The denial of God, evident in contemporary Liberal education, engenders the denial of all moral distinctions. An important set of moral distinctions is related to men and women. The ascendency of free speech Liberalism, of unfettered freedom of speech, diminishes the differences in the language used in speaking to and about men and women.

This unrestrained Liberalism encourages not only homosexuality and the legalization of same-sex marriage. By its denial of truth it generates nihilism which in turn undermines any normative understanding of Islamic terrorism, as is evident in President Barak Obama’s attitude toward that savagery.

Same sex marriage, like Islamic terrorism, is a rejection of Western Civilization. Women (hence children) will be the first victims of this Liberalism, beginning, as mentioned, with our attitude toward Language. Since language distinguishes the human from the subhuman, its degradation in obscenity cannot but degrade human life. This is also the consequence of Islamic terrorism which, consistent with Islamic theology, substitutes the primacy of force over the primacy of reason.

Summing up: free speech Liberalism – with its denial of truth – is actually a negation of rational speech, hence of God’s gift to man. Unfettered freedom of speech, the tendency of modern Liberalism, and implicit in the above-mentioned decision of Judge Aharon Barak, signals the death of rational speech, hence of civilization.

With Barak-type Liberals laying down the law concerning what was traditionally known as distinctively human, and therefore hence of what is decent and indecent, the word “terrorism” will become as meaningless as the term “marriage.” Small wonder that neither Israelis nor Americans know where they are going, although there are signs that their ultimate destination is the grave.◙

Influence – Does it Matter?


Crash & BurnQUESTION: Mr. Armstrong; A lot of people claim to have contacts in high places, but they seem to delude themselves and others. I have been in Washington and saw you at lunch meetings with chiefs or staff of several politicians in ————- one of the most exclusive spots as only for members of Congress. I have been in Brussels and seen you there running around to meetings. Friends in Beijing say the same that you are not blocked and held in very high regard. You have more “influence” than you admit. Do you think you can help prevent the coming crisis?

Facing Sun -1

ANSWER: Yes, I do not deny that I know a lot of people in many governments. It is true I suppose that you could say I have some “influence” but that is among the minority. There are people in government who see this mess coming. However, they are powerless to prevent the collapse. I do not possess enough “influence” as you put it to prevent anything. The majority will grind the system into collapse. Nobody can stop that. All I hope to accomplish is when that moment comes, perhaps I can shine a light on the path to freedom rather than suppression. We will see. I get to leave this earth. My life is over from a rational perspective. I am glad I am not 18 today. If I can leave something behind to my posterity, then it is worth the effort. But neither I nor anyone else possesses enough “influence” to prevent the crash and burn. The best I can do is to hope that they can stand there with their arms wide open facing the sun and see the alternative being freedom.

Europeans – Get Out While you Can?


Draghai Euro Crisis

QUESTION: Hey Martin.
I’ve been a reader of your for years now. Thank you for everything you are doing. I live in Europe in Finland and I can feel this continent collapsing. Do I understand you correctly. You suggest that we Europeans open a bank account somewhere else, hold our savings in dollars and when gold bottoms we buy gold with our dollars. Is that correct?
Please answer Martin because I’m afraid to hold my savings in Euros in my bank.

 

ANSWER: Yes. So far, the USA is actually a tax haven for non-Americans. You can open a bank account in the USA which Americans cannot do the same overseas. You would want to do that before it is too late. If Britain does vote to exit, it will set off a contagion that will cripple the EU.

1900$X-M 1931 Sovereign Debt

PlazaAccordGold should NOT be your only investment. You should consider US equities – blue chips. The dollar will rise and with it this will break the monetary system. It is unlikely that would unfold before 2018. Nevertheless, this could come in 2020. We get major monetary reform ONLY when the dollar rises. A declining dollar will will see US corporate profits rise. Only a rising dollar will break the system. US banks are far safer than European. Those preaching the dollar will be destroyed so buy gold now do not even understand finance nor do they comprehend history. It was the rise in the dollar in 1933 because of the Sovereign Debt Crisis in 1931 that sent the dollar to record highs resulting in its devaluation and confiscation of gold. In 1985, the dollar rose to all time highs sending the British pound to $1.03, which then resulted in the creation of the G5 (now G20) at the plaza accord. It is the high dollar which export deflation, with result in defaults of emerging market debt, and break the remaining pegs to the dollar by various countries. No such chaos will take place if the dollar declines.

Failing to understand the dollar and its role within this decline of the Western economies will cost you a fortune. Our forecast has always been a retest of support in the dollar for 2016 and then off and running. The dollar is still well within its long-term uptrend channel. Gold will rise but it is not yet ready for prime time. Be patient. The 2016 Gold Report will cover the timing when to buy. These people who constant cheer every rally as the launch of gold and the demise of the dollar live in a dream world. Nothing takes place in isolation. Everything is connected.

The World Economy is Closing In Thanks to Merkel


Mother-Merkel

Merkel-Welcome

Sometimes the brain-dead decision of one person can set off a contagion that sweeps the world. Merkel’s open invitation to the Muslim, pretend refugees has been tearing Europe apart. The majority are not even from Syria. European states will raise their borders and require a passport because so many of these Muslim “refugees” are unaccounted for, especially after the Brussels attack.

Ted Cruz had to respond to the rising support for Trump over this immigration issue, as it is also becoming the main focus in Britain. Cruz said Trump cannot block Muslims, so he proposed the politically correct version: all Europeans must get a visa to enter the USA. Now Europe is responding as nations always do and the European Union (EU) is currently considering requiring U.S. citizens and Canadians to apply for visas before visiting the country of their choice, even if it’s for a short vacation. Currently, visitors to the U.S. from Poland, Croatia, Cyprus, Bulgaria, and Romania all need a visa. Romanians and Bulgarians also need visas for Canada. The European Commission claims it is trying to achieve a full visa waiver for all member states, but in reality, this is a standard response to Cruz’s statement that he would introduce legislation to impose a visa requirement on all Europeans. The fear is that the Muslims who are interested in terrorism can get into the USA easily via Europe because of what Merkel has done. So we face the problem of closing borders within the EU because the refugees will spread, and that, unfortunately, becomes only logical. It does not appear to be reversible.

New Bill to Collect Taxes Outlawing Encryption


Encryprion Bill

Those in power are simply liars. Why we elect such people is beyond me. We simply cannot afford career politicians because they will ALWAYS divide between themselves and the people. NO REPUBLIC has ever resisted converting into an oligarchy. It just does not work. I reported that Obama slipped and actually said the truth by mistake. In the case against Apple, he said if they government could not break into a phone then EVERY American had a Swiss Bank Account in their phone. This is not about terrorism. It is the hunt for money and their mismanagement of the economy.

Here is the proposed bill to outlaw encryption (encryption-bill-discussion-draft). While this is still in draft version, it demonstrates that it is them against us. Passage of this bill will DESTROY the world economy because of their greed. Outlawing encryption will end the ability to pay online. Whatever the government can gain access to, so will hackers.

How Politicians Justify Denying the People the Right to Vote


Harms Rebecca

In the wake of the Dutch vote against allowing Ukraine into the EU, SPIEGEL is reporting the arrogance of EU ministers who criticize even allowing the people to vote. This is why I say they regard the people as simply the Great Unwashed who are simply beneath their level of intelligence to bother listening to. The leader of the Greens in the European Parliament, Rebecca Harms, explained why she and most in the EU Parliament are opposed any form of direct democracy allowing the people to vote. She says this would only come at the expense of Europe and will “jeopardize” the EU, which is their federalization dream. Her remarks make it very clear why Britain should exit or surrender their sovereignty.

Harms goes on to say that only 18% of the Dutch population turned out so they should be basically just ignored. The point is enough turned out in a non-binding referendum because they were passionate about the issue. Effectively, this is how government becomes disconnected from the people which historically leads to revolution. This also reflects their stubbornness to even remotely consider that just perhaps their idea of a federalized Europe does not work. Their policy of allowing in millions of Muslims is also at the heart of the Dutch referendum. That of course is not considered.

These comments are the justification for staying the course. There is nothing to prevent the crash and burn for that is the only time such people can be reversed by throwing them out of office. Politicians will NEVER even consider that their course of action is wrong. They will follow that course on any subject to the absolute end no matter what. Those is government operate the same way. Politicians, judges, and prosecutors, all maintain the position that they are NEVER wrong. Nobody will admit a mistake for the fear that would justify losing power. Hence, the crash and burn becomes the only possible outcome.

Call for Cameron to Resign over Panama Papers!


Cameron

The revelation that David Cameron’s father had offshore accounts through Panama has continued to plague Cameron and it could have a tipping nudge come the BREXIT vote in June. Cameron has responded to the building criticism: “I know that I should have handled this better, I could have handled this better. I know there are lessons to learn and I will learn them.” Yet many are starting to blame the Conservatives for protecting the rich while ratcheting up taxes on everyone else.

Cameron Demonstrations

Meanwhile, the protests in Britain are growing with many asking why is he still there after the resignation in Iceland. This may very well influence the BREXIT vote in June. Time will tell.

Snap Elections In Sweden Bring Islamic Jihad Party Government To Power


Sadly the events described here are about to happen in the not to distant future; and by then it will be way to late.

Diversity Chronicle's avatarDiversity Chronicle

Muslims

By Ray Charleston

Last week the world saw an exciting new development as Sweden was declared an Islamic nation under Sharia law. For those who may have missed the news, over the last several years more and more Muslim refugees have been peacefully migrating to Sweden in search of a better life. Last month Islamic Jihad Party leaders demanded snap elections, after polling indicated that a majority of Swedish Muslims favoured a new government based on Islamic law, and disapproved of Sweden’s former secular, and largely white government.

Islamophobic extremists and conservative reactionaries are predictably throwing an intolerant tantrum. They ask how Sweden can become an Islamic nation. Well, the answer is simple; most Swedes want Sweden to be Islamic. The decision was made democratically! The majority of Swedes are Muslims! The majority of Swedes are from the Middle East, and they want a government that represents them! If you…

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