The NRA, which Obama hates, was founded on the principle that every person including blacks was entitled to protect themselves. The NRA was, in part, formed to give southern blacks the power to own guns to protect themselves from the KKK who were all Democrats, BTW.
The Second Amendment is very important to all Americans as former slave and great American orator Frederick Douglass said, “A man’s rights rest in three boxes: the ballot box, the jury box, and the cartridge box.”
Like most, if not all, of these incidents the police officer is not at fault. Why would any sane person resist arrest unless they were a criminal and were in the wrong and would rather risk getting shot rather then going to jail for a long time!
Donald Trump slammed Hillary Clinton who is championing the disarmament of America by challenging her saying bluntly that is guns do not keep people safe, then Hillary should travel without armed bodyguards to prove her position.
The NSA has been caught tapping the conversations of those on Capitol Hill talking with Israel. The Greenwald that the “NSA under President Obama targeted Israeli Prime Minister Benjamin Netanyahu and his top aides for surveillance. In the process, the agency ended up eavesdropping on “the contents of some of their private conversations with U.S.” He notes that suddenly those who supported the NSA have a different tone when they realize that they have been the targets.
Prime Minister David Cameron is showing how politicians are really cross dressers. Just because he is the head of the Conservatives, does not mean he is really conservative. Cameron told the press that UNLESS the government can just start seizing money from people’s bank accounts it THINKS you might owe, he will have to raise everyone’s taxes.
Cameron actually told Sky News:
“We have a choice here. If we don’t collect taxes properly and make sure people pay their taxes properly we look at the problems of having to raise tax rates. I don’t want to do that, so I support the changes the Chancellor set out in the Budget which is to really say that not paying your taxes is not acceptable.
“It is very clear that they can only do this if there is a debt of over £1,000, they can only do it if there’s £5,000 or more in the account after this has been completed. The general principle – do we want to pursue every avenue of making people pay their taxes they are meant to pay before we put up taxes, because that’s the alternative – absolutely, yes we do.”
If anyone wonders why the pound might crash to dust, just listen to the proposals coming from Cameron and close your eyes; you will think it is the extreme left Marxist Labour Party. Cameron is betraying EVERYTHING that the word “conservative” ever meant. Britain is hopelessly going down the drain very fast.
Meanwhile, British Home Secretary Defends Controversial Surveillance Bill, Says It Will Stop Cyber Bullies and Trolls. This is a total lie and is directed at tax revenue. Theresa May, claims there’s no reason to worry since the Investigatory Powers Bill would never be used just spying on citizens. Instead, it’ll help track down online bullies and trolls. This is in line with Cameron wanting to just seize money from ANY British account. They have had posters in London saying they are closing in on taxes. The Conservatives are liars for all these measures are directed at hunting money. Not people who “bully” others on Facebook of other social media.
This case needs to be appealed and retried there is no way something like this can be left standing!
What a start to the New Year! Talk around the street voiced a few reasons for today’s stock market declines from geopolitical tensions between Saudi Arabia and Iran to additional dealing costs associated to playing the markets. Discussions are apparently underway across the globe to address market orders, the way in which orders are placed, the magnitude of such orders and the frequency. This, of course, will increase the volatility of prices (as market-makers withdraw) whilst at the same time lead exchanges to increasing margin requirement’s.
Chinese equities lost all bids with two exchange forced closes earlier today. The initial 5% forced the first close only to be closed the second time after the Index fell 7% – this time for the remainder of the day. The Nikkei opened the year over 1% lower and continued the selling throughout the rest of the day to close down 3% at 18,450. The futures have continued that decline and are currently trading around 18,150.
Europe opened weakly and remained so for the balance of the day. DAX closed -4.3%, FTSE -2.4%, and CAC -2.5%. In the U.S., we saw initial weakness across the board but all recovered in the final 30 minutes of trading.
The DOW, S&P, and NASDAQ all recovered to close at their days highs. All markets closed lower but a huge improvement in the final twenty minutes from their lows. DOW -2.1%; S&P -1.5%, and NASDAQ -2.1%.
Both gold and the bond markets saw the flight to quality bid with gold jumping $15 while bonds rallied 4BP across the curve. The spread between U.S./Germany closed around 166bp with U.S. 10s yielding 2.235 whilst German 10s closed 0.57%. This year, we should also follow the peripheral European bond market, so for point of fact we shall include 10yr Italy also; so tonight the BTP closed at 1.55%.
The U.S. dollar saw the bulk of the in-flow with the DXY (USD Index) closing up 0.25% at 98.95. The Turkish Lira was one of the EM currencies that suffered (amidst the market turmoil) closing down on the day almost 1.6% against the USD. GBP and Euro also lost ground but only a marginal 0.25%. A couple of other currencies to mention would be the BRL that lost 2% and the Polish Zloty that lost 1.2%.
QUESTION: Marty, at the WEC you said the Dow would go down in the first quarter. How far do you see this going this time?
ANSWER: We elected a monthly Bearish Reversal at year end and closed lower than 2014. The main support starts really down at 15850 level followed by 15370. We can see even technically the Stochastics are showing a correction is forming and we lost the upward momentum. A monthly closing beneath that level will confirm a deeper correction. Many people expect the stock market to decline with higher interest rates domestically and others see that an uptick in US rates will be the kiss of death to Emerging Markets which will be bad for the world economy as a whole. Keep in mind that these are likely to put a bullish spin yet of the dollar fueling the deflationary spiral for now. I have stated that this is critical to understand the future.
We have initial support forming at the 16886 level and a weekly closing below that will confirm a continued decline. Our Daily models warn of important support starting at 16930.
Volatility should rise doing into next week and we have a slew of Directional Changes in a row on the Weekly level warning of a very choppy market ahead into early February.
Great summary of Trump worth watching!
Nemesis & Justice in Pursuit
QUESTION: Mr. Armstrong, I wanted to thank you for the conference in Berlin. It was my first time attending. I cannot wait for the DVD. You gave so much information, I think I will have to watch the DVD several times. I can see the debt crisis here in Europe and I can see the move to get cash into dollars. Has debt always been the great destroyer of civilization?
ANSWER: The Sovereign Debt Crisis is our Nemesis; the inescapable agent of someone’s or something’s downfall. Before governments borrowed, they debased their currency. This was the same result for the German Hyperinflation that is so seriously misunderstood. Because of the 1918 Communist Revolution in Germany and their default on all outstanding debt of the previous government, the new Revolutionary Government could not borrow. Hence , all they had was the printing press. That is SIGNIFICANTLY different from today. As long as “confidence” prevails and they can sell debt, there can be no hyperinflation for that is not caused by simply printing more money this year than next. That is a simpleton’s view of more complex issue.
We are not anywhere close to hyperinflation. We are trapped within a Sovereign Debt Crisis where the world governments continue to issue debt which is bought by insane people, and then they try to service that debt by raising taxes. This shrinks the private sector as government acts like a black hole sucking in all the energy and light within the economy destroying civilization and risking a Dark Age.
This time there will be no peaceful hand-over of power, so I would not count on the Pax-Nemesis prevailing. After the assassination of Caligula on January 24, 41AD, the Praetorian Guards needed an emperor to retain their jobs and took Claudius to the Praetorian camp and put him under their protection. The depiction of the goddess Pax-Nemesis, representing subdued vengeance or the amnesty in prosecuting those who had participated in the assassination of his nephew.The Senate quickly met and began debating a change of government, yet it quickly devolved into an argument over which of them would be the new Princeps. When the Senate heard of the Praetorians’ claim, they demanded that Claudius be delivered to them for approval. Perhaps King Herod of Israel, a boyhood friend may have counseled Claudius, but whatever the source of the counsel be it Herod or the guards, Claudius rightly refused sensing the danger.
Eventually the Senate was forced to give in and accepted Claudius as the new Emperor and in return he pardoned nearly all the assassins. Thus, this coin was issued depicting “Pax” meaning peace and Nemesis; the inescapable agent of someone’s or something’s downfall.
So unfortunately, the only possible way forward to escape our fate of a Dark Age is to employ the SOLUTION we have set forth to deal with the debt. This is our only hope of achieving Pax-Nemesis.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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