Tag Archives: Huxley’s “Brave New World”

Feb 26 2016

Trump is fighting for us and we support him!


militia-AR-15

 

Donald J. Trump has tapped into the anger of the American people, the vulgarians, who know and feel that all they have fought and died for will soon be gone if the current crop of DC politicians have their way. A true Grassroots movement by the vulgarians has taken root and signs of protest are now appearing in public in support of Trump and the vulgarians show up in mass at his rallies. This is the way that non-violent change is made — the people will be allowed to have their say or there will be hell to pay.

We have now found a champion to fight for us and that Champion is Donald J. Trump — is he perfect, no of course not he is human just like the rest of us that carry the original sin. But he is a Christian and he is a strong leader and his heart is in the right place. Further he wants to fix the wrongs that have been done to all of us and to the Constitution. The GOPe and most of the rest of the Washington elite have, in essence, signed on with the dark one and sold their souls to the devil himself knowingly or not their actions tell us they have. We are in the fight to the end and we will not be turned from our goal of making Washington work for us not for them.

Therefore in the spirit of the Declaration of Independence which started us down this path we rededicate ourselves to the founding principles … “and for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes and our sacred Honor.”

Feb 26 2016

The Socialist Lie that We have Always had A Growth Economy Since Roosevelt


Armstrong Economics Blog

Re-Posted Feb 26, 2016 by Martin Armstrong

US GDP Annual Growth Rate 1947 - 2016

A comment by a reader with a philosopher was interesting and delusional at the same time. “Armstrong chose not to seek any compromise but to put all the blame on government. In principle, that’s got to be an absurd point of view. So it seems to me. One more thing, to his alleged factual correlation. Government really began to grow during the Roosevelt years, including the war years, and the economy has been growing ever since. Is your buddy playing fast and loose with history and, hence, with reality?”

Corporations only get influence because they buy government and that is possible only because we have career politicians. Corporations cannot run the world for they compete against each other. We do need government, but an honest one. The only way to achieve that is the shorter terms of office and one time only. It should be more of a citizen government and any conflict of interest is a bar to any office in any capacity. Cruz’s wife works at Goldman Sachs. Hillary will not release transcripts of her speeches for Goldman Sachs. They buy candidates and own Washington, DC. We deserve what we vote for and stupidly believe in. We are the fools who soak up all the lies each and every time and then the press is anything but independent and free.  Hillary has raised tens of millions from the very banks on Wall Street she claims she will stand against. Come on. If that was remotely true, they would not give her a dime. The call Sanders and Trump dangerous because they are not bought and paid for by the bankers.

2017-Budget Deficit

More over, the idea that we have lived in some fantastic socialist era with GDP always expanding is an outright LIE if not a delusional statement by someone who refuses to look at the trend. At the top, is a chart of the government’s own source, the Bureau of Economic Analysis. GDP growth has been declining steadily as taxes rise. Like China, its first blast of GDP growth came at the beginning. It was true for the West as well following World War II. GDP growth has steadily decline to where a good number is less than population growth. Social Security collapses in 2017 as illustrated by this second chart which is also prepared by government. This is the entire problem. People are clueless as to the trend and do not want to open their eyes to reality.

USIntAs%Total

Why do the NY bankers fund the bulk of the candidates? Well certainly to buy their get out of jail free card. There is no possible way they will ever criminally imprison the bankers who have destroyed our future because who would then FUND people like Hillary or Cruz? Secondly, if Socialism is not a bullshit story, then why have we reached at times 70% of the entire national debt is accumulated interest? That money created no schools, roads, fed children, or funded welfare. The bulk of the debt has been interest paid to the bondholders.

Youth Employment

Why is the youth going for Sanders and Trump? Why do we have a generational gap in voting that appeared first even in Scotland? Socialism is collapsing because the older generation have paid into a system they do not want to think about is falling apart when it is time to get their’s. So they live in a delusional world that ignores everything factual around them and cannot see they are robbing their own children of the very life they enjoyed.

 

Total-Government-Expenditure-as-a-Percent-of-GDP-vs-Growth-Rate

This is a chart from the OECD which clearly shows that higher the tax rate, the lower the economic growth. I for one hope the country splits in two and we can build a wall not between Mexico and USA, but between left and right. Let all the left socialists who want to steal from everyone else because they can so they do not have to earn in life, live on one side of the wall and chase each other in circles. The rest of us can live in peace. After all, it is one of the Ten Commandments – Thou shalt not covet their neighbor’s goods. The Pope says building a Wall is not being Christian. That is not one of the Ten Commandments. It is not being Christian or Jewish to drool over robbing other people’s money. Christ did not preach socialism by government force. It is no longer charity when it is involuntary.

In my mind, the legal challenge against Income Tax (which requires the surrender of privacy) is that such taxes violate the First Amendment, Freedom of Religion. Socialism and progressive taxation as well as the coveting and hatred of anyone who has more money violates the Ten Commandments. This is no different from Communism which preached the state is your parent, not your biological parents, and if they said anything against the State, the children were obligated to report them. Marx also said: “Religion is the opium of the people.” Socialists should admit the father of the beliefs and what he stood for – there is no God.

Feb 26 2016

The Edelman Trust Barometer shows collapsing Trust in Government!


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Armstrong Economics Blog

Re-Posted Feb 26, 2016 by Martin Armstrong

ECM-1970-2084

I have stated that Trump is the symptom and he is soaring because confidence in government is collapsing. The 2016 Edelman Trust Barometer, an annual global survey that assesses various levels of trust, reveals this shift from public to private as reported by Forbes.

Feb 25 2016

The EU is now past the point of No Return and will began to implode in March


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Armstrong Economics Blog

Re-Posted Feb 25, 2016 by Martin Armstrong

ECM-Euro

QUESTION: Mr. Armstrong; The World Economic Conference was outstanding. Your theme that Europe was the focal point for the coming chaos has been proven valid with each passing day. You have mentioned this is the time that will begin the collapse in public confidence within the EU even surviving. I must ask. Do you believe if they call you in and followed everything you have said, is it just too late to save Europe?

Thank you so much

PB

ANSWER: Unfortunately, I know how to restructure Europe so it would function, but I do not believe that would even be sufficient at this stage in the game. We have probably reached the point of no return. All that is now left is the crash and burn. Only then will society reform. I simply believe we crossed that line last year. We began a new declining cycle in 2008 and that was the peak in the Euro as well. The start of the real decline in the Euro where mainstream capital begins to question when negative rates can really reverse or stimulate the economy unfolds after 2016.202. This comes into play March 13/14, 2016. This is not my personal opinion. This is just the modeling.

This seems to be so important we will try to put together a video on this matter.

Feb 24 2016

Almost all Income Inequality is caused by Government Taxes!


Armstrong Economics Blog

Re-Posted Feb 22, 2016 by Martin Armstrong

Social Inequality

QUESTION:

Dear Martin Armstrong,

I appreciate very much your economic analysis and read your blog nearly daily although I disagree with some of your political statements.

In your last blog about Schengen you mention that “Everything is connected and nothing takes place in some isolated vacuum”.  Obvious.

According to me, and many others re-known economists like Joseph Stiglizt or Paul Krugman, one of the problems in the current world is the exponential increase of social inequality and  massive collection of wealth in few hands.

How is it possible that barely the 60 richest people can have the same wealth as half of the population (3.6 billion)? Is this acceptable? What would be the solution in your opinion? Because just free markets will reinforce not decrease the actual trend and you seem to be “socialist”-averse although some sort of redistribution of wealth should be done, I suppose, but how?.

Thanks for your great work

BR

ANSWER: This is a Marxist diversion. It focuses only on the “rich” and ignores the fact that government continues to expand and consume wealth. The “wealth” that everyone points to for the richest people is by no means a product of WAGES, rather it is created on paper valuations of investment. At the same time, that “wealth” dropped $1 trillion just in the January decline this year. It is NOT actual “money” in that sense. It is no different than your home being worth $500,000 one day and then $200,000 a month later.

Total-Government-Expenditure-as-a-Percent-of-GDP-vs-Growth-Rate

“Social inequality” remains the headline grabber, yet the larger government becomes, the lower the economic growth. The OECD itself illustrates this. Higher taxes reduce economic growth, plain and simple. Then we have the average person who is robbed by about 50%+ between income taxes (federal and state), property taxes, fees, tools, and sales taxes. All of this goes to sustain government; it does NOT raise the living standard of the average person. Europe is even worse.

I tried to save Social Security on Capitol Hill. I argued to convert it to a wealth fund and allow it to invest exactly as the “rich” employ their money rather than stuffing it with depreciating government bonds. When I DONATED my time on Capitol Hill, the Dow was 1,000. That would now be 17 times more and amply enough to retired on. Social Security goes bust next year, and with interest rates manipulated lower you will get nothing.

Then the government charges payroll taxes on the average worker. Sure, they hand you a refund check at year-end. So they are borrowing from the average person and NOT paying them any interest. The government robs your ability to save and grow “rich” by stuffing your money in government bonds under Social Security.

Government creates “social inequality” by robbing the poor and middle classes while pretending to care. If we eliminated government federal income taxes, most people would take home at least 30% more.

Tax RobberyThe problem is NOT that the “rich” make money from investment; it is that the rest of society is DENIED the right to invest to get ahead because the government is bleeding everyone dry. Take all the money from the “rich” and we end up with communism, which will not improve your life in the least. So you do not stand a chance of surviving the future unless we start looking at the real culprit here. This is like a baseball game: the pitcher only focuses on the batter while those on base are stealing the next one unnoticed. We need to pay attention before there is no future for our posterity. Thank God I am not 18. I really do not want to live in a world run in this manner. This is not like Star Trek: “Scotty. Beam me up PLEASE!“

Feb 24 2016

THE DONALD’S FIRST DAY IN OFFICE


President Donald Trump and Vice President Marco Rubio are sworn into office.

ONE. In a rare event on inauguration day, Congress convenes for an emergency meeting to repeal the illegal and unconstitutional Socialist healthcare farce known as Obamacare. The new Director of Health and Social Services Dr. Ben Carson announces that an independent group of healthcare management professionals is hired to handle healthcare services for poor and low income people. They are also assigned the duty of eliminating Medicare and Medicaid fraud. Government’s costs for public healthcare are reduced by 90%. Healthcare insurance premiums for working Americans are reduced by 50%. The move saves billions of taxpayer paid dollars. Healthcare service in the U.S improves 100%.

TWO. Newly appointed Department of Homeland Security Chief Ted Cruz announces the immediate deployment of troops to the U.S. Mexico border to control illegal immigration and the immediate deportation of illegals with criminal records or links to terrorist groups. New bio-encrypted Social Security IDs are required by every American citizen. Birthright is abolished. All immigration from countries that represent a threat to the safety of American citizens is terminated indefinitely. The move saves American taxpayers billions of dollars. Several prisons are closed.

THREE. Newly appointed Secretary of Business and Economic Development Carly Fiorina eliminates more than half of the Government agencies operating under the Obama administration saving taxpayers billions of dollars. Stocks rise 100%.

FOUR. Newly appointed Director of Government Finance Rand Paul announces the abolition of the IRS and displays a copy of the new Federal Tax Return form. It consists of one page. The instructions consist of two pages. The Federal Reserve is audited. The move saves American Taxpayers billions of dollars and increases tax revenue.

FIVE. Hillary Clinton is in prison, where she belongs. Her cell is directly across from Jesse Jackson and Al Sharpton who are serving time for “Hate Crimes”. She bitches at them constantly from behind the bars of her cell in what some call cruel and unusual punishment.

SIX. Bernie Sanders is in the nuthouse, where he belongs. His room is directly across from Nancy Pelosi, Debbie Wasserman Schultz, Chris Matthews and Al Franken. They meet for tea every day at 10 AM and discuss the success and benefits of Communism and Socialism throughout the world. They also wonder when the “Mothership” is going to pick them up and return them to their home planets,

SEVEN. Windows 12 is released. It is designed for humans, doesn’t try to satisfy the needs of every person on the planet, doesn’t require a degree in nuclear physics to operate and looks just like Windows 7 except it is easier to use.

EIGHT. Barack Obama flees the United States under cover of darkness and returns to his homeland of Kenya before his trial for treason begins. He deplanes on a remote jungle airstrip. It was reported that he was last seen wandering through the jungle singing “Hakuna Matata” with a chimp named Commie.

NINE. A committee is not established to determine what is causing global cooling. Billions of taxpayer dollars are saved.

TEN. Dead people are no longer allowed to vote in Chicago, a huge blow for the Democrat Party in the State of Illinois.

THE PERFECT DAY!

 

Feb 24 2016

Trump’s Reading of the Snake is Going Viral in Europe


The Snake is in with us right now be prepared!

Feb 24 2016

Can Trump save the US?


Armstrong Economics Blog

Re-Posted Feb 23, 2016 by Martin Armstrong

POLITICS

Some people have asked if I am a Republican or Democrat/ Labour or Tory. Both political sides are wrong. They pander to their core constituents using the social issues to get everyone wound-up, but when it comes to economics; well there is no real difference. Neither side will reform or downsize government. Their solution will be as Christine Lagarde’s: grab more and more until it works for them.

1844 Phila Nativism Riot Againt Irish

1833MissBond

I have been asked if I really think Trump will be the man to save us. No. I do not believe anyone can do that at this late point in history. Trump’s reading of Al Wilson’s song “The Snake” is typical and part of the cycle. The state sovereign debt crisis of the mid-19th century was set in motion by Andrew Jackson’s war on the Bank of the United States because they funded his opponents. Jackson then destroyed the central bank, which set off the Age of Broken Banknotes. The Panic of 1837 became the Depression of the 1840s, and then states issued bonds to try to bailout their banks and then they defaulted. To this date, the Bank of England still has on its books bonds issued by States that they never paid on.

The economic pressures of that period produced the very same human response to immigration. Then it was the Irish. The movement against immigrants erupted into gun battles on the streets of Philadelphia in 1844 known as the Nativism Riots. These “native” Americans (white original immigrants) were against all immigrants as they felt they were taking their jobs. So Trump’s reading of “The Snake” is PRECISELY in line with history and is reflecting the very issue that is argued for the BREXIT by one side: STOP THE MIGRANTS.

The point is, quite frankly, that history repeats. We are in the midst of an economic decline. The standard of living is declining as government expands regardless of whom has been behind the uptrend since both sides have contributed to our demise as we approach our date with reality. Europeans hate Trump because they focus on some of his hardline statements and the fact that career politicians there see him as a very dangerous consequence because the same trend is emerging in Europe — oust the career politicians. But in the USA, the more Trump stands up against the career politicians, the louder his cheers. Meanwhile, the bankers are scared to death of both Trump and Bernie Sanders and see them as dangerous. Obviously, if they do not OWN the political candidate, he might actually prosecute them for crimes.

Euro Sinking

The Mayor of London, Boris Johnson, has come out in support of BREXIT. On the other side, you have British Prime Minister David Cameron making his pitch to remain within the European Union, claiming the UK could “have the best of both worlds” if it voted to remain in the bloc. We should expect the pound to decline as part of an official attack to convince people to stay in the EU. Then they will argue that the decline in the pound is proof that Britain should stay with a sinking ship.

So the point is this: Trump’s reading of “The Snake” is a sign of the times. He is tapping into the very same human response that ALWAYS unfolds during major economic declines. Merkel’s decision to open the floodgates for immigration occurred at EXACTLY the wrong time in the economic cycle. In a bull market, nobody would have noticed. Did it create the cycle? No. The downtrend was set in motion as our forecasts were laid out. Doing what she did was stupid and counter-trend so it was interpreted as a disaster.

War-Cycle-2014

Now, with hard times upon us, the Islamic immigrants will compete for jobs, take state assistance, and only cause the resentment to rise among those who see their living standards diminish. This is simply part of the War Cycle, which turned up in 2014 and nothing more. I have stated countless times that our correlation of all global trends demonstrates that war never comes when everyone is “fat and happy.” Turn down the economy and it all comes unraveled.

Trump’s reading of “The Snake” is feeding into the heat of the moment. It is perfect timing regardless of which side you are on for we just may be influenced by the entire cycle heading into the coming storm. So to me it is not abnormal; it is a sign that the cycle is indeed unfolding. I need not take sides. To me, this is indicative and confirmation of the trend in motion.

Can Trump prevent our demise? No. He probably does not realize the extent of the risk we face. People should by no means focus on Trump as an individual, for they will miss the entire trend. He is a symptom of the times and not the trendsetter himself. I have more faith in Trump insofar as he is NOT a career politician and that leaves a glimmer of hope that when he is wrong, he will change course. Career politicians will NEVER do that because they are incapable of admitting to mistake. That is simply what they are told in Politics 101.

stalincountthevote

Cameron wanting to stay in the EU when it is a total disaster is indicative of someone who puts politics before his own country. If Britain votes to leave, and they will probably rig that vote as they did the Scottish Vote to separate from the UK, Europe will see a contagion of massive proportions and the EU will collapse because they tried to make this a political United States of Europe rather than an economic union. My guess: Cameron and the EU will rig any BREXIT vote to ensure it remains with the sinking ship. If Britain leaves, the EU collapses.

Feb 22 2016

A DETAILED LIST . . .


Hey that looks just like the list I made out … lol

Feb 21 2016

Making America “Great” Again


Post by Paul Eidelberg

Donald Trump’s political leadership in the presidential race may be attributed to what Lou Harris calls “orneriness,” which he attributes to the American character in his book The Next American Civil War.

Harris foresees a revolution of the American middle class against the “Establishment,” or what men like Ted Cruz terms the “Washington Cartel.” This cartel is led by the intellectual elite, a product of American universities like Harvard, Yale, and Stanford.

Just as this elite scorned Trump in the New Hampshire primary, which he won because of the more decisive votes of the less educated, this political bias of academia may propel Trump to the White House. None of his rivals exhibit “orneriness.” They are more or less milquetoast politicians.

Although Trump lacks class, his orneriness endears him to the unwashed populists. This reminds me of Truman’s victory over New York Governor Thomas E. Dewey in the 1948 election.

Dewey appeared as a stuffed-shirt “establishment” man. Of course, unlike the egotistical Donald Trump, Truman was a plain or humble person from Independence Missouri, in contrast to the big-time New York attorney.

Also, today’s voters are more susceptible to showmanship, which Trump displays far more than his “nebbish” rivals – to use a Yiddish word for a milk-and-toast politician. Americans want to be entertained, especially today when America, under Obama, displays anything but manliness, let alone aggressiveness, vis-à-vis Islamic contempt for America.

Trump capitalizes on this Islamic arrogance, its insult to American greatness. Hence he doesn’t need to discuss issues, which, after all, are hardly discussed by his rivals.

And so, this 2016 presidential campaign is a “made-in-Hollywood” affair. Personality reigns supreme, larded with  democratic vulgarity.

The great 19th century French novelist, Gustav Flaubert, foresaw that this vulgarity would hold center stage in this era of triumphant democracy, which, he said, would make “any man of taste want to vomit”!

No one should be surprised, therefore, if Trump wins the presidency. How ironic! Democracy, or the rule of the many, of those who have to work for a living, elects a vulgar plutocrat to make America great again”!