Tag Archives: John Roberts

Jan 31 2021

Big Foot Hedge Funds Get Caught


Re-Posted from GrrrGraphics.com JAN 30, 2021 AT 8:48 AM

The big-footed hedge funds thought it would be easy as usual. They planned to stomp GameStop into the ground. They were so arrogant that they decided to sell short more shares than what existed in the stock’s float. This is known as ‘naked short selling’ and it’s illegal, but the law isn’t enforced. The SEC looks the other way. Wall Street is a big club run by mega-billionaires and they always win.

Not this time. The billionaire shorts stuck their collective foot in a bear trap. It was set for them by an unlikely adversary: The younger generation. It’s a wondrous sight to behold.

The millennials did nothing wrong. They broke no law. They followed the rules. On Reddit they encouraged each other to buy stocks that were getting stepped on by the billionaire hedge funds. They knew if enough people bought a stock such as GameStop, then the hedge funds would get trapped. That’s what has happened and now the billionaires are shrieking in pain. Their media is condemning what they call the ‘unethical’ behavior of the buyers. That’s a howler considering how the billionaire traders routinely conspire to manipulate stocks. Silver was driven down from nearly $50 in 2011 to $13 a couple of years later by JP Morgan traders who colluded and spoofed the futures trading on the COMEX. Silver could have had a run similar to BitCoin but instead the billionaires decided they didn’t want something to compete with their debt dollar. Big banks and hedge funds only suffer a slap on the wrist at best when they break the law. 

Now they’re blatantly breaking the law. Robinhood rewrote rules in midstream and actually halted all buying for GameStop to benefit the trapped hedge funds. Then Robinhood felt generous. The next day they allowed buying, but only 1 share per customer per day. Robinhood’s customers could, of course, sell as many shares as they liked. Some traders complained their long positions were liquidated without their consent. Robinhood was revealed to be in the back pocket of the billionaire hedge funds. Everyone should cancel their accounts with Robinhood. They do not promote a free market. Someone at Robinhood needs to go to prison.

The fireworks should continue next week. I expect the corporate media to get even more shrill if the prices continue to rise on those companies targeted by the hedge funds. They’ll probably say the longs are engaging in destructive behavior, while the exact opposite is true. It’s difficult for CNBC to defend shorting because the purpose of the trade is to hurt companies for private gain. The mega rich get mega richer by shorting, which is not defensible. Naked shorting is criminal. 

Gordon Gekko was once asked, “Why did he need to wreck a company,” and he replied, “Because it’s WRECKABLE, all right?!” 

It’s easier to quickly destroy for profit than build something over time for that same profit. The hedge funds profit from misery. Now it’s their turn to be miserable. If they are forced to pay up, look for the stock market to crash. Wall Street will have to pop the bubble to cover their shorts. This is what should happen in a free market. It’s a lesson that went unlearned in 2008 when the taxpayers bailed out corrupt Wall Street bankers instead of letting them fail.

Let them all fail now. They’ve put their big foot in it and they should get what they deserve.

—Ben Garrison

Jan 31 2021

Speaking Fees to Buy Influence


Armstrong Economics Blog/Corruption Re-Posted Jan 31, 2021 by Martin Armstrong

I would like to point out that there is a huge difference between paying speaking fees in the hundreds of thousands of dollars which is simply just to buy political influence and genuine speakers. Nigel Farage spoke at our 2019 Rome WEC and we did NOT pay him a fee and he flew in at his own expense because he wanted to attend our WEC. We do not pay hundreds of thousands in speaker fees to buy influence. That is the biggest scam you will ever see and it is political corruption plain and simple.

Jan 31 2021

Hope for the Future


Armstrong Economics Blog/Products and Services Re-Posted Jan 31, 2021 by Martin Armstrong

After serious discussions, there is great concern that those behind Biden and drafting these executive orders having him sign them is off the charts wiping out We The People. Trump’s orders to bring down drug prices for diabetics were just reversed to help big pharma. It appears that the corruption is running very deep, but the job losses and destruction of businesses are going too far. There is blow-back in the Democratic states like New York and California showing stiff resistance toward lockdowns. There are Democrats on the Hill who are getting very upset at all of these dictatorial executive orders which circumvent the very purpose of Congress. Even the New York Times has come out and criticized Biden for this approach.

The word I am hearing is there will be a revolt if Biden tries to impose a lockdown nationally. New York City is an example. There is no way that is coming back. What they have done to the theatre district drove a stake into the heart of the tourist business. As I have said, every time I went to a Broadway play about half the audience were foreign tourists. That is dead and then we have the collapse of landmark restaurants that thrived on the theatre trade.

Then we have Congress putting Trump on trial a second time just to divide the country in hopes that they will slander him and thereby destroy the Republican Party going forward. History will not look kindly on what the Democrats have done for now under this precedent which is not supported by the Constitution since private citizens cannot be put on trial in Congress – that is Judicial – then they can impeach Bill Clinton for his sex scandals and new evidence that surfaced or Hillary for destroying her emails.

Unfortunately, welcome to the conclusion of this Private Wave. What we all need to do is work hard so what comes after 2032 is a new way of doing business altogether. It is time we try Direct Democracy whereby every measure must be submitted to the people to vote on – not only politicians. There must be term limits – one time and gone. There should be a minimum age limit such as 40 to 50. The is the end of the Sixth Wave. This is the time for a complete change.

The Sixth Wave before this marked the peak in the Roman Empire. There too, the wave concluded with the flight from the cities to the suburbs as we are witnessing today. What followed was the fragmentation of society and every split into merely local city-states. It took nearly 600 years thereafter before we begin to see the rise of national states once again.

We can do this. The Tree of Life is being cut down as it always falls from authoritarian corruption. It is up to us now to decide where direction the tree falls. The next two books I will be releasing this year are (1) the Economic Confidence Model and a review of how it has worked and why over the centuries, and (2) a revised and expanded version of the Greatest Bull Market in History renamed:

It is my hope that these books will help to guide us in the future as to a new way of managing society that is in harmony with nature and human kind.

Jan 31 2021

Systemic Contingencies – They All Knew – Lessons From Spygate About Severity of DC Corruption


Posted originally on the conservative tree house on January 30, 2021 by Sundance

To expand on the awakening…. and based on a recent call for clarity… here is some brutally obvious points about DC that connect through the stop-Trump operation commonly known as “spygate”.

Robert Mueller had two goals as special counsel.  Goal #1 was to continue the fraudulent DOJ/FBI “Stop Trump” operation initiated by James Comey, Andrew McCabe and their crew technically named Crossfire Hurricane.  Goal #2 was to bury the illegal action; to create the cover-up needed for everything that took place in the “Stop Trump” operation.

It is the second goal that most people never reconciled; however, it is also that second goal that’s the most important.  Everyone in DC knew Mueller’s objective.  Every person in every branch of government and every federal agency knew Mueller’s real purpose.

When you accept what Mueller’s objective was, I mean really accept it, then and only then can you move to the second part of that awakening.  Everyone else knew exactly what that purpose was, including AG Bill Barr and OIG Michael Horowitz. They all knew.

Everything was essentially a process of systemic contingencies; ‘if this, then that’.  If this happens then we react with that.  If this is likely to come out, then we proactively respond with this – that allows control. That is the nature of a cover-up operation.

From that baseline it becomes an exercise in intellectual honesty to see the bigger picture.

The entire system was united against the ‘outsider’ that Trump represented.  Every action taken by Rosenstein, Barr, Wray, Bowditch, Boente, Horowitz and the special counsel team itself was done purposefully, because they knew the Mueller/Weissmann objective was to cover-up all of the unlawful schemes previously used against Trump.

Generally people accept that Mueller Inc was in place to target Trump.  However, the lesser admitted reality is that Mueller was in place to cover for the branches, agencies and institutions that were part of the originating targeting.

All leaks to the media, by any entity – including the special counsel, were purposeful with this goal in mind.  All information released was done purposefully with this goal in mind.  All action taken by those in support of the Mueller unit were taken with full knowledge of what that second goal and intent was.

No-one was ever unaware of the purpose of Robert Mueller.

Everyone knew.

That list of everyone includes: Bill Barr, Rod Rosenstein, James Comey, Andrew McCabe, Lindsey Graham, Ron Johnson, Chuck Grassley, Peter Strzok, Lisa Page, Susan Rice, Sally Yates, Loretta Lynch, Mitch McConnell, every member of the Senate intel committee; every member of the House intel committee… and yes, including John Durham and every member of every DOJ office everywhere.

The legislative branch knew. The judicial branch knew.  The executive branch knew. The FISA court knew… All of the insiders knew the Mueller probe was one big vacuum to suck up all of the evidence that would have exposed a corrupt system to We The People.

They did all of this because the scale of the originating scandal was so severe it would be almost impossible for our nation to cope with the consequences.  That fearful knowledge is also what’s behind the reality we are currently seeing with thousands of National Guard troops guarding Washington DC…. just in case.  Another systemic contingency.

On TV some voices railed against goal #1, the investigation itself; however, no-one every publicly talked about goal #2, the cover-up.  Yet they all knew it.

Bill Barr knew the cover-up operation when he repeatedly praised Robert Mueller.  So too did Lindsey Graham and all of the other voices in/around the DC system.

This is why all of those characters acted with disregard for any information that surfaced. They were all participants; and they knew the system would protect itself from sunlight.

Once you begin to accept this uncomfortable truth, then you start to realize just how far some voices went to keep the pantomime going.  Everything was orchestrated to keep everyone focused on the “injustice” within the details.

Think about the last four years, systemic contingencies everywhere. No-one ever publicly talked about what Mueller was really in charge of doing in the goal of protecting the institutions and systems within them.  The people inside that system all knew that Mueller was their protector.  Mueller was protecting very corrupt people.

Everything now visible, the blatant disregard and the ‘in-your-face’ approach with the JoeBama administration, is downstream from that origination point.  That’s why they all walk around as if they do not care…. because they have nothing to worry about.

Start from the position that everyone knew the purpose and intents of Robert Mueller, including people very close to President Trump, and then you start to realize just how brutally corrupt this DC system is.   President Trump was satiated by people who knew Robert Mueller was protecting all of those who tried, and failed, to keep him out of office and then hamstring him once he entered the system.

Everyone knew.

No-one did not know.

The only difference is… some were active participants, and some -out of fear- just sat silent to the cover-up operation.  That reality is why the FISA court did not react to Kevin Clinesmith aggressively.   Everyone knew…

Jan 31 2021

Justice Department Charges Proud Boys With Conspiracy To Obstruct Law Enforcement


Posted originally on the conservative tree house on January 30, 2021 by Sundance

The U.S. Attorney in Washington DC has filed conspiracy charges against two members of the Proud Boys for conspiring to obstruct law enforcement related to the January 6th events on Capitol Hill.  [DOJ Press Release Here]

WASHINGTON— Two members of the Proud Boys, a nationalist organization, were indicted today in federal court in the District of Columbia for conspiring to obstruct law enforcement, among other charges.

Dominic Pezzola, 43, of Rochester, New York, and William Pepe, 31, of Beacon, New York, were indicted today in federal court in the District of Columbia on charges of conspiracy; civil disorder; unlawfully entering restricted buildings or grounds; and disorderly and disruptive conduct in restricted buildings or grounds. Pezzola was also charged with obstruction of an official proceeding; additional counts of civil disorder and aiding and abetting civil disorder; robbery of personal property of the United States; assaulting, resisting, or impeding certain officers; destruction of government property; and engaging in physical violence in a restricted buildings or grounds.

Pepe and Pezzola were originally charged by criminal complaint and arrested on Jan. 12 and 15, respectively.

According to the charging documents, Pezzola and Pepe are members of the Proud Boys, a group self-described as a “pro-Western fraternal organization for men who refuse to apologize for creating the modern world; aka Western Chauvinists.” Proud Boys members often wear the colors yellow and black, as well as other apparel adorned with Proud Boys-related logos and emblems. It is alleged that both Pepe and Pezzola possess tactical vests branded with the Proud Boys logo, and have attended various Proud Boys gatherings and protests.

According to the indictment, Pezzola and Pepe engaged in a conspiracy to obstruct, influence, impede, and interfere with law enforcement officers engaged in their official duties in protecting the U.S. Capitol and its grounds on Jan. 6, 2021. It is alleged that Pezzola and Pepe took actions to evade and render ineffective the protective equipment deployed by Capitol Police in active riot control measures, including actions to remove temporary metal barricades erected by the Capitol Police for the purpose of controlling access to the Capitol Grounds, and the stealing and purloining of property belonging to Capitol Police.

[…] The case is being prosecuted by the U.S. Attorney’s Office for the District of Columbia and the Department of Justice National Security Division’s Counterterrorism Section. Valuable assistance was provided by the U.S. Attorneys’ Offices for the Western and Southern Districts of New York. The case is being investigated by the FBI’s Washington Field Office, with assistance by the FBI’s Buffalo Field Office and the FBI’s New York Field Office.  (read more)

When the DOJ and FBI want to find a conspiracy they can.  When they do not want to find a conspiracy, they don’t…  That reality is just part of accepting the two-tiered system of justice that is now in place all across America.

Jan 31 2021

Norwegian Lawmaker Nominates Black Lives Matter for Nobel Peace Prize


Posted originally on the conservative tree house on January 30, 2021 by Sundance

War is peace, love is violence and water is dry… thus the upside down world of 2021 continues.  A Norwegian lawmaker has nominated the ultra-extremist group Black Lives Matter (BLM) for the Nobel peace prize.  Apparently we are expected to ignore the calls for dead cops, riots, extremism, division, hatred and racially inspired violence.

FOX5 DC – A Norwegian lawmaker has nominated the Black Lives Matter movement for the 2021 Nobel Peace Prize for bringing attention to racial inequities around the world, while dismissing the riots and violence done in the name of the movement.

In his nomination papers, Norwegian MP Petter Eide said the movement forced nations to reckon with racism and other injustices, The Guardian reported. (read more)

Jan 30 2021

When, “Robinhood” turns out to be the “Sheriff of Nottingham”


Re-Posted from GrrrGraphics.com JAN 29, 2021 AT 10:02 AM

New Tina Toon

Robinhood was designed to appeal to the millennial generation of stock traders. With its slick design, commission free trades, and trendy catchphrases, (Let the people trade), Robinhood claimed it was all about ‘democratizing finance’ by making it simple.

Unfortunately, when it came to their own customers buying the heavily-shorted company GameStop, Robinhood decided to start stealing from the poor and giving it to the rich.’ The rich hedge funds, that is.

Citadel has a close financial relationship with Robinhood as well as a large stake in Melvin Capital, a hedge fund that massively shorted GameStop, with disastrous results. The millennials didn’t like the thought of their game store being driven out of business by ruthless hedge funds and they fought back by buying GameStop stock. So much so, that the hedge funds began to lose billions of dollars. This could not be tolerated by those who think they control the market and they were backed up by an angry and shrill CNBC, who railed against the young Reddit whippersnappers who upset their money-making applecart.

On Thursday, Robinhood and other brokerages began blocking buys of GameStop, and it plummeted from nearly $500 to nearly $100 in a matter of minutes. This what happens when one can only sell a stock—not buy it.

Citadel denied leaning on Robinhood to skew the playing field in favor of their hurting hedge funds, but it looked mighty suspicious. Many traders on Robinhood were outraged by the blatant market manipulation of the company and many are leaving the platform in droves. Robinhood once bragged about democratizing finance, but when push came to shove, Robinhood chose the hedge funds over its own customers.

Robinhood claims to give a voice to the voiceless, except when they disagree with what those voices say. Then they silence those voices. Robinhood stated they will allow normal trading on Gamestop today, but the damage has been done. Robinhood has been exposed. They serve the interests of the mega-rich, who are not allowed to lose. Hedge funds got to trade GameStop but not Robinhood’s own customers. When that happened we knew there were no free markets. Rules are for the little people, who usually lose. The mega-billionaires get to change the rules as they go along to benefit themselves. They are not afraid of the regulators since they are already interwoven with the corruption at the top.

If they can rig the markets, they can rig the elections, the courts, the state legislatures, the media, the science, and so on.

Every lie is being revealed.

We should all condemn the actions of Robinhood, but more importantly….some of these big shots need to go to prison for the stunt they pulled on Thursday.

—The GrrrTeam

Jan 30 2021

Congress is Deeply Divided & it’s Not Repairable


Armstrong Economics Blog/Politics Re-Posted Jan 30, 2021 by Martin Armstrong

Rep. Alexandria Ocasio-Cortez (D-N.Y.) is refusing to work with GOP Sen. Ted Cruz of Texas after he tweeted a signal that the two of them could work together on a congressional probe into GameStop’s recent stock trading. She responded: “I am happy to work with Republicans on this issue where there’s common ground, but you almost had me murdered 3 weeks ago so you can sit this one out.”

All my sources say the divide is so great that it is not likely to be mended at least into 2024.

Forget unity. Forget bipartisanship. Biden is signing executive order after order, denying Congress the right to vote on any issue. I believe NO PRESIDENT should have the power to simply write an executive order. We are supposed to be represented by these people. Right now, Biden is taking the same approach as Boris Johnson in the UK, who does not allow voting on his decrees and refuses to even listen to anyone else.

Jan 30 2021

Archie Bunker on Politics


Armstrong Economics Blog/Politics Re-Posted Jan 30, 2021 by Martin Armstrong

Jan 30 2021

Tucker Carlson and Dave Portnoy Outlines the Reddit vs Wall Street Market Manipulation


Posted originally on The Conservative Tree House on January 29, 2021 by Sundance

Last night Tucker Carlson and Dave Portnoy discussed the merge between Wall Street and Big Tech to protect the hedgefunds from ‘We The People’.  Good outline:

It started with a bunch of smart ordinary Wall Street market watchers assembling on Reddit and noticing that hedgefunds were making millions destroying the stock value of GameStop (GME) -and others-  by short selling the stock and trading the position.

[Short Lesson to Understand Short-Selling Here]

The hedgefunds were so greedy the short-sellers borrowed more than 140% of the total number of shares of stock of GME (GameStop) in order to destroy it. The stock value dropped from $20 to $4 as the sharks made millions in the short-sells. That’s when the Reddit investment community,Wall Street Bets, noticed an opportunity.

One of the issues with short-selling is that short-sellers must always eventually purchase the stocks they borrowed.  That means if the stock value increases you are committed to buying it, you will lose money, and you cannot get away from the loss in your short-sell position so long as the stock value is high.

Knowing the borrowed shares were more than the total number of outstanding shares of the entire GME stock, the rebellious alliance knew the short-sellers (hedgefunds) would have to eventually buy them.  So the independent group, mass numbers of individual investors, started purchasing shares and driving up the GameStop stock value.

The GME stock skyrocketed and the short-sellers (hedgefunds on Wall Street) were freaking out.  The higher the stock went, the more it was going to cost the hedgefunds to get out of their short position.  Billions were being wiped out as the pesky rebel alliance kept purchasing shares and driving up the value.  [Go Deep] That’s when the biggest eye-opening series of events in financial history took place….

♦ First Big Tech jumped-in to protect the hedgefunds.  The servers that handled Reddit’s investor discussion “WallStreetBets” were shut down, essentially trying to break down the communication of the rebel alliance.  They used the oft-familiar “hate speech” justification, but that was really a ruse… Big Tech was supporting Wall Street.

♦ Then the New York Stock exchange stepped-in to protect the hedgefunds by blocking trades of GameStop and other Reddit targeted stocks (Nokia, Blackberry, AMC theaters).  Ameritrade also blocked any trades.  The NYSE was essentially trying to protect the institutional investors, billionaires, from the citizens, independent investors.   Wall Street went to war against day-traders, ordinary Americans.

♦ Then the stock trading App “Robinhood” which was used by the citizens to make their trades, actually stepped-in to stop users from purchasing GameStop shares.  The Robinhood app will now only allow sales of GME and the other stocks because the app is protecting the billionaire class from their short position.

Wall Street, the New York Stock Exchange, the entire financial trading system is trying to protect the short-sellers by driving down the shares of stocks so that the short-sellers can get out of their positions.   Never has there been such blatant market manipulation by the organized efforts of the elite financial class.

Big Tech and Wall Street are working together to keep a rigged system tilted in their favor and their aligned efforts are spotlighting just how rigged that system is.

The elites don’t care what happens to the ordinary citizens in the stock market… they are protecting their own status.  All of this is brutally illegal market manipulation and collusion by the financial sector.   [Story Here and Story Here]

Keep watching….

Masks are dropping at an alarming rate as more people are witnessing in real time just how this market is rigged against the interests of ordinary Americans.