Tag Archives: Kennedy assassination

Apr 2 2018

Lucky Day, Lucky Day – Mexico’s Version of Hugo Chavez is Holding 18 Point Lead In Election Polling…


Re-Posted From the Conservative Tree House on April 2, 2018 by

If the news from the first round of Mexican election polling was any better we’d have to be twins to enjoy it.   Andres Obrado, a well-known Marxist who intends a government take-over of the Mexican energy sector, is holding a commanding 18-point lead.

This is excellent news for border wall enthusiasts and those who want the Trump administration to pull out of NAFTA.

Mr Obrador is the modern Mexican version of Hugo Chávez (or Nicolàs Maduro/Bernie Sanders) with a similar ideological outlook.  His resulting territorial economic policies are certain to deliver the Venezuela outcome to the Mexican people.

For American companies doing business in Mexico, an Obrador win would be the worst possible outcome.  They will lose hundreds of billions from their current Mexican investments, as President Obrador swoops in to skim (tax) corporate profits for his state-run enterprises and care for ‘his people’. However, the good news is – those U.S. multinationals will likely all return to the U.S. asap.  Lucky day, lucky day.

Funnily enough, U.S. Commerce Secretary Wilbur Ross must have held some insider information about this likelihood when he sheepishly hinted toward this possibility a few weeks ago.  Oh, the poor multinational critters in Wall Street are gonna have a heart attack when they see this.  Wait, wha… they did already?

MONTERREY (Reuters) – Mexican left-wing presidential candidate Andres Manuel Lopez Obrador has an 18-point lead ahead of the July 1 election, according to a poll published on Monday that showed him with a growing advantage at the start of formal campaigning.

Lopez Obrador, who launched his campaign on Sunday, holds 38 percent of the vote, according to the poll by Parametria, published by Reuters on Monday ahead of wider distribution. That compared to 35 percent in its previous poll.

A Lopez Obrador victory could usher in a Mexican government less accommodating toward the United States, where President Donald Trump has stoked trade tensions with Mexico and aggressively moved to curb immigration.

Lopez Obrador has backed the North American Free Trade Agreement, but his plan to review newly issued oil contracts sparked worries he will deter foreign investment. (read more)

Too funny…  The “smart set” (pundits) are reading it wrong:

                                                                                                      Oh dear…

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.

                                                                                        Oh, noes …

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                                                                                                   Oh, my.

Apr 2 2018

Greco-Turkish War – Is it Inevitable?


Armstrong Economics Blog/War

Re-Posted Apr 2, 2018 by Martin Armstrong

QUESTION: Message: Hi, huge respect for your eye-opening work. You mention that war is more likely to erupt in the middle east than Korea. Since middle east seems to be in a state of perpetual combat in different areas, do you think war could expand as Turkey is more & more openly hostile to Greece? The average Greek is no longer considering if it happens, more like when it will happen. Does Socrates provide a forecast on this?

Regards,

S, Athens.

ANSWER: Actually, the primary target for a peak in any Greco-Turkish war will arrive in 2022. What we must understand is we have a major convergence between the Cycle of War and the Economic Confidence Model (ECM). What this means is the increased risk of geopolitical tensions are enhanced by economic downturns. This is what I have been warning about with the collapse of Socialism. As the endless promises of governments crumble to dust, politicians are faced with (1) the overthrow of their governments, or (2) create an external enemy to shift the blame from themselves. Therefore, as the economy turns down, interest rates will invert and rise when people no longer trust a government, and the fabric of the political-economy will be torn apart at the seams. This is historically the most dangerous point for at that moment, the government will turn to create external enemies.

When communism fell in 1989, the military establishment was no longer really needed. They needed to create external enemies to justify maintaining their position, status, and funding. Therefore, Russia continued to be the enemy of the USA simply because they needed one. When I would ask WHY was Russia our enemy if they were no longer Communist, the reply was dumbfounding: “Well they are Russian!” Even Ukraine was a power-play. The Eastern part of the country was ethnically Russian. The country should have simply been split north to south down the language border. Crimea was always a strategic port of Russia. If Japan told America to get out of Okinawa, the US response would be no different than Russia’s – America would occupy Okinawa. So why put sanctions on Russia for doing what the Americans or British have always done throughout history? The answer was just the military establishment needs an enemy – not peace. World peace means they are out of a job. They like those gold stars on their shoulders.

Therefore, as we head down into the economic abyss, the political necessity for war will be on the rise. Ergodan needs an external enemy. He is desperate for war and it will take two fronts – Kurds and the Greeks. He can easily stir the old pot of hate to retain power. This is what any politician does. Even Hillary during the election, as well as all the Democrats, stir the economic pot of class warfare to divide the nation just to get power. They also need that hatred of people who have more to win power. The people cheer and will one day storm the houses of the rich and will set them ablaze or drag them out and hang them. This is traditional and it is one primary reason class warfare is highly dangerous and undermines the foundation of any state. So this is what we face. Look at everything in that context and you will begin to see the conflicts deliberately created by the political class to retain power in ALL societies.

The first modern Greco-Turkish War following the fall of the Ottoman Empire is called the Thirty Days’ War, which took place against a rising Greek concern over conditions in Crete. This centered on the Turkish domination and where relations between the Christians and their Muslim rulers had been deteriorating rapidly. 1896 saw a rebellion on Crete instigated to a large extent by the secret Greek nationalistic society called Ethniki Etairia. They sought to fuel the historic resentment between the Christians and Muslims and they sought to create an opportunity to annex the island for the Greeks. Therefore, by the beginning of 1897, Greece sent arms to Crete to support a rebellion and revolution. On January 21, 1897, the Greek fleet was mobilized and in February Greek troops actually landed on the island proclaiming the annexation of Crete to Greece. The following month, the European powers imposed a blockade upon Greece to stop the arms shipments. The European powers feared that the whole of the Balkans would see vengeance upon the Turks.

The Greeks sent a force to launch an attack on the Turks in Thessaly (April). By the end of April, Greeks were overwhelmed by the Turkish army. The Greeks yielded to pressure from the European powers and withdrew their troops from Crete accepting an armistice on the mainland on May 20th, 1897. On December 4, 1897, a treaty was signed compelling Greece to pay the Turks an indemnity, to accept an international financial commission that would control Greek finances, and to yield some territory in Thessaly back to Turkey. Subsequently, the Turkish troops also left Crete, which had been made an international protectorate in 1898. Crete was finally ceded to Greece by the Treaty of London (1913), which ended the First Balkan War.

The second Greco-Turkish War occurred after World War I, when the Greeks attempted to extend their territory beyond eastern Thrace and the district of Smyrna. These territories had been given to Greece by the Treaty of Sèvres, August 10th, 1920. In January 1921 the Greek army launched an offensive in Anatolia against the nationalist Turks, who had defied the Ottoman government and would not recognize its treaty. In Greece, the war was followed by a successful military coup against the monarchy.

The Treaty of Lausanne concluded on July 24th, 1923, obliged Greece to return eastern Thrace and the islands of Imbros and Tenedos to Turkey, as well as to give up its claim to Smyrna. The two belligerents also agreed to exchange their Greek and Turkish minority populations. To this day, Turkey retains designs on regions it yielded to Greece.

As the economy and hyperinflation continue in Turkey, the government desperately needs an external enemy. So yes. The tensions will continue to rise and this is seen as inevitable in Athens and the resentment goes back to the Persian invasion of Greece in ancient times. Even the culture of the Minoans were the origins of the Greeks. Anatolia was all Greek cities that filled modern Turkey. The fall of Constantinople in 1453 was the invasion of the Turks who were Muslim. So the traditional ethnic origin was Greek and the language of the Eastern Roman Empire ruled from Constantinople was Greek – not Latin.

The last Emperor, Constantine XI (1448-1453), died in battle fighting the Turkish invasion. Beware November 2018. Things seem to begin picking up about then.

Mar 29 2018

When will North Korea Rise to Overthrow Kim Jung Un?


Armstrong Economics Blog/North Korea

Re-Posted Mar 29, 2018 by Martin Armstrong

QUESTION: You said that Kim Jung Un was at risk of being overthrown and therefore he would have to shift direction or go to war. When do you see North Korea falling?

PP

ANSWER: When Korea was split in 1945 into communist North against the South, the terrain has always dictated the situation. About 65% of Korea’s heavy industry was located in the north, but, due to the harshness of the terrain, only 37% of its agriculture existed in the North. This is why the North often has bouts of famine.

 

ECM-Dynamic

 

I have warned that the Economic Confidence Model has three distinct components. There is the main wave frequency based upon Pi of 8.6 years which builds into 6 waves forming the major wave of 51.6 years which seems to be the generational shifting wave that manifests in political changes between public and private trends.

Then there is the Volatility Wave component. This is what causes one 8.6 year wave to be more pronounced than another. The volatility component has a frequency of 6 years which is a slower moving wave taking 12 unit waves to build into the ultimate volatility peaks of 72-year intervals.

The Schema Frequency I do not reveal. To put this in context, it is the DNA wave of a coded pattern throughout time. This will be the last thing I ever reveal if I decide to do so. The jury is still out. This is what everyone has tried to get from me for so long. It is the key to the interaction of waves.

On August 8th, 1945 (1945.602), the Soviet Union declared war on Japan. Soviet troops advanced and the US government feared Russia would occupy the whole of Korea. On August 10th, the US government proposed the 38th parallel division.

Therefore, the 72-year of volatility began during the summer of last year – 2017.602 (August 7th). Communism fell on its 72-year cycle (1917-1989). The Soviet Union broke up 2 years into that cyclical event. This places the same timing risk cor North Korea going into 2019-2020.

The 51.6-year cycle from 1945 (1997.202) marked the start of the 1997 Asian Currency Crisis. Kim Jung Un was conducting missile tests that began on February 12, 2017, last year, which was just a KN-15 Pukguksone type. Thereafter tests took place on March 6th, March 22nd, April 5th, April 16th, April 29th, May 14th, May 21st, May 29th, and June 8th. The intercontinental ballistic missile tests began with the Hwasong 14 on July 4th, probably because of the American Independence holiday. That is when the attention began to really turn to North Korea and that began almost to the day of the 72-year turning point.

The entire world is going to go nuts 2031/2032. There will not be a country that is spared from political and economic events. The risk a serious famine in North Korea which could result in the people rising up will arrive in 2023. That pressure will begin here this year 2018.70 – which will be September 13th, 2018. This appears to the turning point that is not just concerning North Korea. It is appearing around the world in many markets. The risk for political change in North Korea comes into play as soon as 2019/2020.

Mar 28 2018

Why Syria has ALWAYS been Strategic


Armstrong Economics Blog/Middle East

Re-Posted Mar 28, 2018 by Martin Armstrong

Syria has always been strategic throughout recorded history. You had to pass through it between Babylon and Egypt. However, as world trade began to emerge, the connections between China and the ancient Roman Empire were fully developed through the Silk Road. Spices were always worth their weight in gold and even during the Middle Ages, bankers were called “pepper-men” because pepper was more valuable than gold by weight.

Following the death of  Alexander the Great in 323 BC, his generals divided up the territory he had conquered. After the Battle of Ipsus in 301 BC, Seleucus I Nicator (458-281BC) won the territory of Syria. Seleucus founded four cities in northwestern Syria, one of which was Antioch. He named this city in honor of his father Antiochus or perhaps his son who was named after his grandfather. It was founded on a site chosen through ritual means. Reportedly, an eagle, the bird of Zeus, had been given a piece of sacrificial meat and the city was founded on the site to which the eagle carried the offering. Seleucus did this on the 22nd day of the month of Artemisios in the twelfth year of his reign, which in modern terms was May 300 BC.

Antioch quickly rose to become the Syrian capital. Antioch flourished due to trade. Caravan merchants began to bring goods from China to the marketplace in Antioch. This was the beginning of the Silk Road in ancient times. Antioch benefited from Roman rule. The Historia Augusta mentions a great fire in Antioch, implying that the emperor Antoninus Pius (138-161AD) offered help to restore the city because it had become the gateway to a fabled great empire in the East. This legend of a great Empire in China had even inspired Alexander the Great to attempt to reach it giving up in India.

Antioch became an extremely important port of trade in the ancient world. It flourished and any major natural disaster would send financial panic down the banking street in Rome – Via Sacra. When the city sometimes suffered earthquakes as recorded during the reigns of Tiberius (14-37AD), Caligula (37-41AD), Hadrian (117-138AD), and Diocletian (284-305AD). Its governor Pescennius Niger (193-194AD) proclaimed himself emperor, he lost the war against his rival Septimius Severus, (193-211AD) who temporarily took away its independence of Antioch, giving it to Laodicea to control as punishment.

During the 3rd century, Antioch was the city of innovation. Street lighting appears also in this city during the 3rd Century AD as Saint Jerome (345-420AD) commented in his writings that the capital of ancient Syria was lit up at night by oil lamps hung over ropes that were strung over the streets. By 371AD, this invention spread to Caesarea in Turkey. China, on the other hand, was reported to be lighting up its streets using natural gas supplied through bamboo pipes by Medieval times.

China throughout history became rich by trade with the Roman Empire. Yet the history of Rome that claimed to rule the world (orbis terrarum) stood at the opposite end of the world from the strikingly similar Han Dynasty (206BC-220AD) in China, which also claimed to have ruled the world (tianxia). There is the History Book for Tang-Dynasty in China covering the period 618-907AD. Yet the text mentions 17 times what appears to be the Roman Empire . It also describes an envoy that was sent by the Roman Emperor to China. The Roman Emperor was recorded to have been “Anton” .

The account of such an envoy who visited the older Han Dynasty predates the Venetian traveler Marco Polo (1254-1325) by more than 1,000 years. This envoy has been attributed to 166AD during the reign of Marcus Aurelius Antoninus (121-180AD). It is the death of Marcus Aurelius, that has marked the peak in the Roman Empire and the turning point that begins the Decline and Fall of the Roman Empire where its monetary system collapses just 72 years thereafter. This envoy established diplomatic contact at the peak of the Roman Empire from which a disastrous decline begins. Any political-economic aspirations to further such a relationship would then die with Marcus Aurelius. Yet also, both empires would suffer the same fate of barbarian invasions. The Han Dynasty falls in 220AD from which emerges the chaotic period known as the Three Kingdoms (220-280AD) – the division of the once unified Chinese Empire.

There is hard evidence that demonstrates that there was direct contact between Rome and China going back to the period of 180AD. The connection point has ALWAYS been Syria. China is also backing Syria with money. The Chinese are looking to build on the old world power position of the historic Silk Road (One belt, one road). China has never actively participated in the war militarily but has ensured financing their goals. Syria maintains close economic relations with Russia and China because of the stupidity of the West, which began with stopping a pipeline to compete with Russia. Likewise, despite being a member of NATO, Turkey is flirting with the expansion of Turkish-Chinese relations in addition to it historical ties with Russia.

As strange as it might sound, China has more skin-in-the-game with Syria than Russia. The Russians had to intervene after it became apparent that the international and Islamist mercenaries were heading for the Russian military base in Latakia. Russia and China clearly complement each other on the worldwide stage of politics. Both suffered Communist revolutions and they are the most important security players in that part of the world. China has provided the economic security while Russia provides the military security.

Syria is the focal point in the Middle East. It is where all the power meets for economic reasons. This seems to be the way for thousands of years.

Mar 17 2018

Culture – Law – And Different Ways


Armstrong Economics Blog/Rule of Law

Re-Posted Mar 17, 2018 by Martin Armstrong

Several women have written in and disagree with what I wrote about prostitution. They argue that 75% of prostitutes come from broken homes, which today is over 50% of marriages. They also state that these girls were abused as children in every way possible and many are runaways. Some also argue that these girls turn to prostitution because they are addicted to drugs and became pregnant at very young ages in their teens and have to support a child on their own.
All of that said, I agree that there are girls that fall into each of those categories. However, There are strikingly different cultures and different solutions around the world that warrant looking at both in Asia and Europe. In Thailand, they have a different culture and sex is not looked down upon as it is in the West. The girls are not drugged out or abducted. They are there to make money typically to support their families, which include their parents. Many also do dream of meeting the right guy in the process. In fact. studies show that 15% of the women in the Thailand sex trade marry their customers when they are foreign men (see a study published by Khon Kaen University).
Amsterdam is also strikingly different. The girls are not drugged out and they fall more into the professional category and some may cling to that dream of meeting Mr. right while others have probably given up on the dream of love at first sight and the knight in shining armor will come to carry them away. Both Thailand and Amsterdam show that even prostitutes do find love, which was the story-line of Pretty Woman.
Similarly, in Japan, there are a few private clubs where the girls are virgins and if you wish to select one, and she agrees, you paid $250,000+ and she was yours. You then had to provide her an apartment in Tokyo and support her as a concubine. She would be there for you whenever you were in Tokyo. They did this to be taken care of and a portion of the money always went back to her family. There are different cultures around the world and different morals.
I know in East Europe, men were going there and pretending to want to marry. They entered into the arranged marriage and took the girl and then promptly sold her into sex slavery. That was common when the Wall Fell in 1989, and parents are wise to that scam these days.  There is just a stark difference between what we see in Thailand and Amsterdam compared to where prostitution is illegal. My point is that if there is a legal industry then the girls are protected and this would tend to reduce the abductions.
I have written before when I was in New York standing on the corner in front of the Plaza hotel during the day, this girl came up to me dressed in genes. She asked if there was anything she could do for me. That is using the words spoken by a hooker, but she looked like 13 to me. I was confused and said no, and she asked again. I was not sure and was giving her the benefit of the doubt because she looked so young. I thought perhaps she wanted money for food or something. Then the doorman came over and told her to get out and she turned and cursed him. I then asked was she a hooker? He said yes she bothered the guests routinely. She was probably a runaway working for someone I suppose.
I knew a girl who worked for me once who was raped by her step-father between 7 and 10. She ran away to an aunt in another State. She was strong enough to tell me the story when she was 25. She did not become a prostitute. I respected her strength and she put her life together.
You can pass all the laws you want. It will not stop the abuse. Amsterdam, Japan, and Thailand are a different issue and there are girls who do hope to meet that special someone.
  • Outlaw booze and you created the Mafia.
  • Outlaw prostitution and you create abduction.
There has to be a better way. Girls are abducted and sold into sex slavery only because it is profitable. Remove the profit with legal competition, and you just may end the abductions. Promote safe-houses for runaways and you may save a life.
Mar 11 2018

Two Free Speech Activists Released After 72 Hour Detention By British Authorities for “Incorrect Thoughts”…


Re-Posted from The Conservative Tree House on March 11, 2018 by

I was waiting to see where this story went, and to hear first-hand from the two people arrested and detained in British prison for daring to want to interview Tommy Robinson, before coming to a conclusion.  In essence two people were stopped, arrested and detained in U.K. prison for having incorrect thoughts as defined by the British government.

The story was such an Orwellian outline; my initial skepticism told me there had to be more to these second and third-hand accounts.  Alas, unfortunately the facts are as disturbing as initially outlined.

Austrian political activist Martin Sellner belongs to a group called Génération Identitaire, a national political group who advocate for national identity.  Mr. Sellner’s girlfriend is an American author and ‘YouTuber’ named Brittany Pettibone.  They were stopped from entering England by British authorities because they were going to interview a British nationalist called Tommy Robinson.

Being stopped from being allowed to interview Tommy Robinson, a person who has not committed any crime and is in all other aspects a free citizen, is bad enough;  however, what is exponentially worse is that U.K. authorities forcibly separated Mr. Sellner and Ms. Pettibone and imprisoned them – while admitting their incarceration was entirely because they were going to speak to someone.

Think about that.

Martin & I were denied entry to the U.K. & held in a detention facility because 1.) I intended to interview “far right leader”, Tommy Robinson. 2.) Because Martin intended to give a speech at Speaker’s Corner which they alleged would “incite tensions between local communities”.

This is political discrimination, plain and simple. @Martin_Sellner and I will release a detailed video statement as soon as possible.

Thank you so much to everyone who helped bring attention to this issue. It’s an absolute disgrace for the U.K. We cannot allow such a precedent to be set in the U.K. or any Western country for that matter.

Lastly, to the U.K. Border Force, I’ll be meeting with “far right leader”, Tommy Robinson, for an interview in Vienna this evening. While you can ban political dissidents from entering/speaking in your country, you can NEVER ban our ideas.  (Ms. Brittany Pettibone via Twitter)

 

Mar 7 2018

Paradoxes of the Sexual Revolution


As part of CCA III: The Sixties, Mary Eberstadt, author of An Anxious Age: The Post-Protestant Ethic And The Spirit of America, gives a lecture at Hillsdale College on the Sexual Revolution.

Mar 6 2018

Putin’s Address to the Nation & the World


Armstrong Economics Blog/Russia

Re-Posted Mar 6, 2018 by Martin Armstrong

 

Putin’s address on March 1st to the Federal Assembly seems to have sparked a lot of crazy emails with people talking nonsense about things they do not even come close to understanding. Yes, the headline grabber was Putin’s statement about a new invincible cruise missile. I will address that in a moment. Overlooked, however, was Putin addressing the real issues of economic concerns that seem to have gone over everyone’s head. The problem with the Oligarchs where he is implying that things need to change for the good of Russia. China moved to Capitalism directly from Communism and we see the difference with China poised to surpass the US economy by 2032 and is already the second largest economy in the world. Russia, on the other hand, simply moved from state-controlled economic system to one where political friends became Oligarchs and prevented a free market economy. Russia economically ranks 12th in the world behind the USA, China, Japan, Germany, France, United Kingdom, India, Brazil, Italy, Canada, and South Korea. This is what Putin was addressing, the need to truly open up the economy to competition. If you try to compete against an Oligarch by opening a restaurant in Moscow, you will be lucky to survive beyond 24 hours. Russia is economically a third world country with a lot of weapons. Putin realizes that for all its military power, it collapsed BECAUSE it did not have the economy to support its military ambitions.

Putin also addressed trying to keep people from leaving Russia. Despite the Global Warming movement that is really trying to reduce the population, in fact, the population is declining among the industrialized nations and Russia is no exception. The population of Russia peaked at 148,689,000 back in 1991, just before the breakup of the Soviet Union. Ever since the collapse of Communism, people realize that the State will not simply take care of them. As a direct result, the birth rates have been steadily dropping and there have been abnormally high death rates in Russia as well among the elderly. Russia’s population has been declining at an annual rate of 0.5%, or about 750,000 to 800,000 people per year since 1991. Add to this figure, the migration of Russian women looking for Western men, and you have a crisis brewing in the decline of population in Russia that threatens its long-term viability.

Nevertheless, the area of Putin’s speech that has sparked the wildest claims were those comments which mentioned the invincible strategic nuclear systems in various stages of development. The boast of a missile that can penetrate the US defense system has been known behind the curtain as the RS-28 “Sarmat” system which is a new land-based heavy intercontinental ballistic missile (ICBM). This is what is being fitted with advanced technology to assure penetration of any missile defense.

Putin definitely made global headlines with these comments. However, I really did not think it warranted comment since Russia’s ability to defeat U.S. missile defenses is nothing new. I suppose I have known that fact but it seems many did not. Let me explain something that may not be common knowledge. U.S. policy has been not to deploy a defensive system that could neutralize a Russian retaliatory response to a U.S. nuclear attack. The reason this is the basic policy is the concern that such a system which was called Star Wars, would destabilize the world and result in a new arms race where Russia would be driven to re-establish a retaliatory capability. Putin’s response was directed at Trump and his administration’s idea of reversing that policy creating a new Ballistic Missile Defense Review. This was part of the February 2018 U.S. Nuclear Posture Review which states that any improvements in U.S. defensive capabilities will be deployed in such a way as to “preclude an arms race” with China or Russia. Therefore, Putin was addressing this very issue and to make it clear that there MUST remain a balance between powers for all the nukes keep everyone in check.

Putin also addressed a maneuverable hypersonic glide the “Avangard” which is a new missile system with a vehicle of this type. Putin also mentioned a long-range nuclear-powered unmanned underwater vehicle that can be fitted with a nuclear warhead, known commonly as “Status-6.” Both of these systems are designed to evade any U.S. defensive measures — Avangard by presenting an unpredictable flight trajectory, while Status-6 is an entirely new sea-based way to deliver a nuclear weapon. Both are designed to maintain the power balance.

The invincible new cruise missile was really a statement to Trump not to start a new arms race. You simply have to understand what is going on behind the curtain right now.

Mar 5 2018

GDPR – Are You Ready?


Armstrong Economics Blog/European Union

Re-Posted Mar 5, 2018 by Martin Armstrong

The new so-called “General Data Protection Regulation” (GDPR) of the EU goes into full force on May 25, 2018. GDPR is a serious measure which is really designed to stem any criticism of the EU Commission. The claimed purpose is to stop propaganda pretending this will boost consumer confidence, revive the economy and generate billions of dollars in savings. What this is all about is the plain fact that this regulation will lay the foundation establishing a new layer of bureaucracy pretending to protect citizens but will burden the private sector since there are no specific injuries that are defined in advance leaving the enforcement arbitrary in the hands of bureaucrats at their discretion.

Across all of Europe, nobody understands exactly what is allowed and what is forbidden, who has to take what action, but the penalties of up to €20 million or 4% of your annual turnover are shocking. If you violate these uncertain rules when using personal data who can find yourself charged for simply doing normal business. This new EU regulation provides for a major threat to all companies in every field without exception. It appears to be clandestinely intended to be a revenue-raising tool that is just undefined. This regulation could be the straw that breaks the back of public patience and economic development in Europe. So far, such actions were always directed against individual industries such as the banks, which everyone else ignored since it was not their pocket being hit. This submissiveness unfolded more like the famous saying of Martin Niemoller (1892-1984) how the Nazi came for each group one at a time and nobody said anything until it was their turn and there was nobody left to ask for help.

Nobody knows if it is even okay to congratulate a customer on a birthday. If you can only send one e-mail to people who have expressly agreed in advance, can you send any sort of greeting even for Christmas? You are not allowed to send these persons any suitable e-mail or ask them for authorization by phone. A letter with a request for permission to send an e-mail is permitted. Lawyers cannot interpret exceptions in the vague formulations for even that will be just opinions that vary from one lawyer to the next. Everyone wants, everyone needs clarity but it does not exist!

This legislation is akin to the Writs of Assistance entered by King George III, which sparked the American Revolution. The defending lawyer against the King’s Writs of Assistance was James Otis (1725-1783) who pronounced these writs were “the worst instrument of arbitrary power, the most destructive of English liberty, and the fundamental principles of law, that ever was found in an English law book.” Otis warned that the king placed discretion in the hands of every agent to act as he desired. Nothing has changed for the government can do whatever it desires today and it is always the burden of the citizen to prove he has any rights whatsoever.

The EU has created the very same type of act. Allowing penalties to be imposed at the discretion of government agents without any clearly defined law is extremely arbitrary. The only thing truly defined are the penalties which can be up to €20 million Euros or 4% of the gross turnover of any business. Government agencies such as the judiciary, the police, the financial and intelligence services enjoy a special status, naturally.

Lawyers cannot even agree on whether the sending of an email by a company to a person is allowed or not for a birthday or holiday. Does there have to be prior consent to receiving an email? Some lawyers have warned that you may not be able to even send an email to ask for permission to send one. A company who sends unwanted emails commits a punishable violation of the regulation. Simply requiring to have an “unsubscribe” feature fails to comply with the law.

There are the countless emails we all get from Nigeria promising you are now a multi-millionaire just send your personal details so they can clean out your account. Just how is an EU regulation going to be applied overseas? Can a company that bombards people with emails constantly every day just because they look at their site but did not buy anything could be charged in Europe even if they are sending them from the USA. There is such a thing as territorial jurisdiction, but then again there is also extradition agreements. It appears that legitimate businesses will be hunted and fined for just doing commerce. The pretend emails that are criminally intended to grab your money or hold your computer for ransom will never be caught in the process.

The entire basis of Microsoft Windows is to push advertising and to take your surfing the net without any warning they are doing it. The latest Windows version was interesting. We turned off auto-update and two separate computers crashed at the same time and forced a reboot and then took 30 minutes to install updates. This seems that you cannot even opt-out even if you pay for the Pro Version. The vagueness of this law could actually call into question Windows when it is up to the discretion of an agent.

BTW – we do not sell anyone’s names, we do not send endless solicitations every day, anything we send as to notices of posts you must subscribe to for free.

Mar 5 2018

Germany Gets a Grand Coalition


Armstrong Economics Blog/European Union

Re-Posted Mar 5, 2018 by Martin Armstrong

The SPD members voted by a two-thirds majority for their party’s entry into a renewed grand coalition. The acting Social Democrats (SPD) party leader Olaf Scholz came out and said: “We now have clarity: The SPD will enter the next federal government.” The SPD had no choice. The polls showed if they returned and put it to an election, they would lose to the rising right-wing. Germany will move into a grand coalition but it truly lacks the majority support of the German people. This means that political unrest in Germany will continue to rise.

Chancellor Angela Merkel finally reached a deal this past Wednesday to form a new German grand coalition government by handing the powerful finance ministry to the country’s main center-left party SPD in an agreement aimed at ending months of political gridlock. Both the CDU and SPD realized that if they failed, both would lose seats to the rising AfD. Merkel’s conservative Christian Democratic Union (CDU), its Bavaria-only sister, the Christian Social Union, and the center-left SPD agreed to a 177-page deal that leads off with the promise of “a new awakening for Europe.”

Germany has already broken its post-World War II record for the longest time in its latest election on Sept. 24 to the swearing-in of a new government. That is still at least several weeks away. Merkel has been leading a caretaker government, which has not been in any position to play any significant role in the debate on the fate of the EU going forward. That spotlight has been taken by France’s President Emmanuel Macron who seems to enjoy his newfound power.

Schulz’s has taken a course in recent months that simply undermined his authority. On election night, Schulz vowed to take the party into opposition against the CDU. He reversed course in November after Merkel’s efforts to build a coalition with two smaller parties collapsed. Merkel needed only the approval of a party congress of her CDU which seems to do whatever she tells them to do. The Social Democrats are set to get the foreign, labor and finance ministries to run. The finance ministry is the major prize, for it was held by Merkel’s CDU for the past eight years. This has been a major influential position given Germany’s status as the eurozone’s biggest economy. The interior ministry, also held by the CDU, would go to Bavaria’s CSU, which has pushed hard to curb the number of migrants entering Germany.