Tag Archives: Illuminati

Aug 13 2016

KOMMONSENTSJANE – OBAMA PASSES THE DARK ACT INTO LAW


Just one more assault on our freedoms get use to it people there are a lot more coming if Hillary gets in.

kommonsentsjane's avatarkommonsentsjane

President Obama Just Signed The DARK Act Into Law

July 31, 2016

By Heather Callaghan

We regret to inform you that President Barack Obama signed into law, S. 764, which was the newest manifestation of the DARK Act (Denying Americans the Right to Know).

The DARK Acts were a way to establish federal labeling – i.e. the lack of GM labeling – and would banish all state labeling initiatives under a federal standard.

A brief press release by the White House simply mentioned a list of bills and S. 764, “which directs the Secretary of Agriculture to establish a national mandatory bioengineered food disclosure standard,” was listed at the end. The “disclosure standard” must be an inside joke, because the disclosure involves the consumer having to scan a QR code on a food product to find out about genetically modified ingredients, or call a 1-800 number. These measures might not…

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Aug 12 2016

Tracking Everyone Hunting for Money on Trains or in the Air


Armstrong Economics Blog

Re-Posted Aug 12, 2016 by Martin Armstrong

Custom Agents

 

We have certainly embarked down the road of a police state. Federal agencies are tracking people who travel on trains or in the air. If someone buys a ticket for cash, they government is notified. They are looking for the slightest thing. I went to the airport to pick up a friend who comes over to the States maybe four times a year. I ended up waiting for nearly 3 hours. They took the person and searched everything. The agent then handed them to someone else and said “see if you can find something! I found nothing.”  Finally, they escorted them out to me and then began interrogating me saying that frequent trips set off a “red flag” and then asked what I did simply because I was there to pick them up. I am not easily intimidated and can hold my ground. So they backed off and released them.

I was flying back to the States from Europe over the July 4th holiday. My ticket was originally booked for JFK in New York. I then remembered the travel would be horrific so I switched to Philadelphia. When I landed, I was met by two IRS agents. Apparently there was sting they set up at JFK looking for American coming home for holidays who do not pay taxes here. I said you can check I pay my taxes here and do not live overseas. That was not good enough. They though I was tipped off to their sting in NYC and sent two agents to intercept me in Philadelphia simply because I switched planes.

I took the train from Brussels to London after meetings there with government so I was dressed in a suit and tie. Everyone else on the train were tourists. I was the only called aside by British customs. They asked how much money did I have on me. I showed them my US passport. That was NOT enough. They wanted to see my ticket where I bought it and how I paid.

When I returned from our Berlin Conference last year, I dressed casual in jeans. But traveling alone I was again singled out. Again they wanted to know how much cash I had on me. The hunt for money is getting really bad. You cannot train on a train in Europe without them looking for money. In Italy, they confiscated a stack of bonds from a passenger on the train to Switzerland. A staff member left Switzerland on the train for a meeting in Lichtenstein which goes through France. The train was stopped in France and police search bags looking for cash.

In the USA, now even the DEA is searching all travel records on trains and in the air. They target people who buy one-way tickets or pay cash for a ticket. We should just legalize drugs and that would end the crime and the confiscation of citizens. Now everyone is a suspect for the slightest thing.

Aug 12 2016

Solar Physicist Sees Global Cooling Ahead


Armstrong Economics Blog

Re-Posted Aug 12, 2016 by Martin Armstrong

Day AFter Tomorrow

While the government is using the global warming theory to raise taxes, the real danger is global cooling. The significance of being unprepared means that we will face a rising threat of a food shortage in the years ahead. This is the real danger of global cooling.

CRNFOR-Y

It does appear that we are looking at a rise in food prices after 2017. This will, in part, be caused by  weather, but we must also respect that there is rising civil unrest that typically corresponds to a reduction in food supplies.

Aug 11 2016

Thomson Reuters Leak on over 2 million records of People & Firms they say are Questionable


Armstrong Economics Blog

Re-Posted Aug 11, 2016 by Martin Armstrong

Reuters Leak

There has been a major leak of a list of “suspected” people who maybe criminals with links to profiles individuals and businesses suspected of ties to organised crime and terrorism. This leak online has serious implications and was the result of  a list which emerged from a Thomson-Reuters who has engaged in a due diligence claimed service called World-Check. The question about the validity of such a service certainly involves privacy concerns. There is also some serious implications that if they claim someone has some connection to anything, is this true or not and does this prevent someone from doing business to renting an apartment. What are the sources of their information? All of this comes into question.

Aug 11 2016

Italy’s Referendum


Armstrong Economics Blog

Re-Re-Posted Aug 11, 2016 by Martin Armstrong

Mario Renzi

QUESTION: Mr. Armstrong; You said other nations would follow Britain. It appears that Italy is doing so with their referendum. Is this correct?

You are very famous in Germany by the way.

Thank you.

KG

ANSWER: Yes. Prime Minister Matteo Renzi has said that a victory in the poll would end Italy’s questionable political system which has prevented any government completing a full term since the Second World War. This may actually be part of the shift in politics coming in Italy. Nonetheless, a defeat will mean the end of the line for pro-Brussels direction of Italy. This referendum is all about changing Italy’s 1948 republican constitution which is legally required for popular consent.

This is a major political gamble for the pro-EU centre-left government akin to BREXIT. The opinion polls are showing many of the 50 million voters are undecided and the “No” camp gaining momentum in what will be a very close campaign. Support for opposition parties who want to leave Brussels have been certainly emboldened by Britain’s historic decision to leave the EU which is growing and the battleground will be this referendum.

Renzi may be forced out as was the case with David Cameron. Italy’s highest court gave the green light to a referendum that Prime Minister Renzi says will either guarantee political stability with staying in the EU or he will resign if voters do not approve the constitutional changes he hopes for.  The high court validated the more than 500,000 signatures required for the referendum. Now, the government has 60 days to set a referendum date which may come in November or as late as December. The referendum is most likely going to be held after parliament approves the 2017 budget, a draft of which must be presented by Oct. 20th, 2016 and approval by both houses would take about a month.

The protracted political uncertainty is a cloud hanging over all of Europe. It has been the mad ruch into Germany 10-year paper at negative rates showing that people are just parking money. This is not a question about making a return. They are buying the German paper assuming the euro will break and they will get Deutschemarks once again.

The actual reform proposed by this referendum would shrink the upper house, cutting the number of senators to 100 from 315, and stripping it of powers over the budget and its ability to bring down a government. Instead, it would have oversight of local, rather than national, issues. Renzi supports this to prevent the upper house from stopping his agenda. It would increase the powers of the federal government while diluting the 20 regions with respect to national policy. This will be accompanied by a new two-round voting system for the lower house. Here, Renzi says the changes should finally make Italy a governable country.

The rising opposition parties are very anti-immigrant. The Northern League in particular, warns that Italy is being stripped of any democratic checks thaty were designed to prevent a strong national government and the rise once again of some political strongman like Fascist dictator Benito Mussolini. This is becoming the hot topic and this is a vote on the future of Renzi and Europe

Aug 10 2016

5 Explosive Secret Intelligence Memos Everyone Must Read


We should never have done what we did for the next result was the creation of ISIS. Obama and Hillary created a monster and now they can’t stop it and this will bring Hillary down so at least there was some benefit.

Aug 10 2016

Productivity unexpectedly drops for third straight quarter…


NOT A GOOD SIGN

Aug 10 2016

IMF & Gold Reserves


Armstrong Economics Blog

Re-Posted Aug 10, 2016 by Martin Armstrong

IMF

QUESTION: Mr. Armstrong; People are adamant that there is a move to return to the gold standard. They claim various scenarios. Is there any such plot by the IMF and it seems strange that the ECB gold reserves are minimal. Can you explain the truth in this matter?

Thank you

GS

ANSWER: The IMF has actually been jockeying positions for decades to remove gold as a monetary instrument quite to the contrary of these reports. IMF Special Drawing Rights (SDR) was first established with one SDR being equal to 0.888671 gram of fine gold, which was the par value of the US dollar on July 1, 1944. The IMF acquired its gold holdings through four main channels. First, 25% of initial quota subscriptions to join the IMF and subsequent quota increases were to be paid in gold. This represents the largest source of the IMF’s gold. Furthermore, all payments of charges (interest on member countries’ use of IMF credit) were also normally made in gold. The structure was established with Bretton Woods and then a member wishing to acquire the currency of another member could do so by selling gold to the IMF. The major use of this provision was sales of gold to the IMF by South Africa in 1970–1971. Thereafter, member countries could use gold to repay the IMF for credit previously extended.

The IMF has decided to either return gold to member countries or to sell some of its holdings. The reasons for this are varied; between 1957 and 1970, the IMF sold gold on several occasions to replenish its holdings of currencies. The IMF also sold gold to the United States and invested in U.S. government securities to offset operational deficits during this same period.

The Second Amendment was to make the SDR the principle reserve asset in the international monetary system, paving the way to remove gold as the ultimate reserve asset. The Second Amendment to the Articles of Agreement in April 1978 fundamentally changed the role of gold in the international monetary system by eliminating its use as the common denominator of the post-World War II exchange rate system. Gold ceased to be the basis of the value underlying the SDR. The Second Amendment, therefore, abolished the official price of gold and ended any obligatory use in transactions between the IMF and its member countries. Consequently, the Second Amendment of 1978 decreed that the IMF would no longer manage the price of gold or establish a fixed price. This, in part, helped the rally initially to $400 by 1979.

Under the Second Amendment to the Articles of Agreement, the use of gold in the IMF’s operations and transactions was very limited. Furthermore, the IMF may sell gold outright according to prevailing market prices under the 1978 Second Agreement. It may accept gold in the discharge of a member country’s obligations (loan repayment) at an agreed price based on market prices. This officially ended the idea of a gold standard set out at Bretton Woods. If the IMF were to sell gold, it would require Executive Board approval by an 85% majority vote. Therefore, the Second Agreement eliminated any IMF authority to engage in gold loans, gold leases, gold swaps, or use of gold as collateral. The IMF also no longer had the authority to buy gold under the Second Agreement formally ending the gold standard.

So in short, the IMF had been desperate to remove gold as a monetary instrument. From the mid-1960s, the total central bank gold reserved fell by about 25% by 2007. There is no evidence of any intent to return to a gold standard, and if anything, the hope is that the IMF will take on the role of making the SDR the new reserve currency that will replace the dollar when everything crashes and burns.

Aug 10 2016

Europe on the Brink of Complete Chaos?


Armstrong Economics Blog

Re-Posted Aug 10, 2016 by Martin Armstrong

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There are so many incidents with the refugee crisis in Europe that the blog could be filled with that subject alone. Even the press in Germany is starting to shift after countless incidents from knife attacks to a gang beating and robbing British tourists in the same square in Cologne, Germany. Not to mention the media’s failure to report things like the attack on women in Cologne and the protest in Frankfurt during the opening of the ECB that set the city on fire.

Up until now, the common view of the German press has been that it is THEM against the PEOPLE, because they are protecting Merkel at every corner. News blackouts have been the name of the game to the point that the people view the press as just an arm of government. Attacks by refugees are widening from France to other nations including Ireland.

It is as if the fate of the world could easily spiral downward now. All it will take is perhaps a flood of knife attacks throughout Europe to divide the people squarely against the refugees. Meanwhile, tourism is collapsing in Europe, not to mention Turkey. This will have a further deflationary impact upon the economic data that will be published by year-end.

Aug 9 2016

Cartoon: Hillary Blames Her Lies on Mentally Short Circuiting


Vote for Hillary she will end all your suffering; and all ours as well!