The French Women has the same message as trump — and maybe even more so as France is further down the road to destruction!


Marion Marechal-Le Pen – the Better Looking Donald Trump of France

Marion Marechal-Le Pen-2

When the New York Times first wrote that Marion Maréchal-Le Pen the French Weapon of mass distraction: France’s youngest member of Parliament is 25 and she takes no prisoners, I seriously doubt they ever realized that she could actually become the president of a district in France. However, this stunningly beautiful and smart 26 year-old politician is more than just a fresh-faced rising star of the far-right National Front. She is able to deliver hard messages on migrants and Muslims that outdo her tough-talking aunt, party leader Marine Le Pen, yet using a soft touch and a smile.

French-Students

When the national French TV asked me to debate the top three students selected by the elite French schools, I assumed it would be a confrontation that would be interesting. Instead, the students asked me what to do to help their country since they felt powerless to reverse the trend. This was really showing me that a watershed moment was emerging in France. I appeared on different TV channels and the questions were interesting. They even explained the model on National TV.

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05:31

I was asked to also debated the French Finance Minister Michel Sapin on National TV. He said he could not make it. Then at the last minute he showed up at the TV station assuming I would not be there. They played the clip they made interviewing me and following me around in Paris. CANAL TV confronted Michel Sapin on national TV, which would never happen here in the States. Sapin appeared on air and the host asked him directly about the business cycle and our forecasts. While Sapin claimed nobody can forecast, he then proceeded to forecast that the French economy would boom next year, posting a 1.5% growth rate. The point is, that obviously things were changing in France even before the Paris Attack.

Now tomorrow, the vote in France will be for the leadership councils in 13 French regions. Should both Le Pens win their regions, the anti-immigration National Front will devastate France’s current political landscape. Her aunt will be well positioned to take France’s 2017 presidential campaign.The polls released Wednesday showed both Le Pens were behind and Prime Minister Manuel Valls wages the braindead Socialist campaign against the National Front claiming that the Le Pens positions of “the extreme right advocates division … that could lead to civil war.”

CAC40-Y 12-12-2015

Proof that the Socialists have destroyed the economy which will indeed lead to a revolution or civil war, is the fact that its share market has been unable to ever match no less exceed the 2000 high.

Obama would rather go to war with Russia than admit that taking out Assad was wrong!


Russia sent T90 Tanks to Syria

T90 Tanks

Russia has sent its most sophisticated tanks to the front line in Syria. The T-90 tanks are swaddled in explosive armor, causing most weapons used against them to detonate on impact. The rebels have been able to eliminate Syrian tanks with weapons gained from the West. The T90 should be much more difficult for the rebels to defeat.

France almost gets it right, but its a very good start that Obama should listen to!


Marine Le Pen Clearly States It Is Not a War Against Terrorism, It Is a War Against an Ideology

s it right

Marine Le Pen states with absolute clarity that this is by no means a war against terrorism — it is a war against the ideology of Islamic Fundamentalism. Refusing to state that truth where “terrorism” is merely a weapon, one cannot wage war or ever defeat such a weapon because there is no acknowledgement of what we are really facing.

ECM-Islamic-State Wave 9

Even taking a cycle from the beginning of the Crusades, we still come up with avery similar time frame.* The West has a made HUGE mistake in trying to dethrone Syria. The removal of dictators in Iraq and Libya have destabilized the region far worse than we care to admit. Trying to dethrone Syria will create a vast new area for ISIS, and this, precisely as Le Pen points out, is a war against Islamic Fundamentalism, not Islam or terrorism. Identify the problem before you take all of our rights.

*Note: Ironically, it was French Pope Urban II who initiated the Crusades.

Islamic Cycle

 

Chelm


Post by Tabitha Korol

I have been thinking of Chelm* lately, not the real industrial town in Poland, home to about 18,000 Jews (60% of the population) until they were annihilated in World War II. Rather, what comes to mind is the Chelm of Jewish folklore, penned by Elijah B’al Shem of the real Chelm, and commercialized by Isaac Bashevis Singer in the 1900s – because I believe there are Chelmites among us today.

Chelm, the legend, began when God’s angels inadvertently overlooked an area while they were populating the earth with a reasonable assortment of foolish and wise souls. As one obliging angel, armed with the two bags of souls, made his way back through the clouds to correct the omission, he snagged one bag on the jagged point of a particularly high mountain peak, causing all the foolish souls to float down to earth. Thus was Chelm created with foolish, like-minded people, although there were always a few citizens who deemed themselves to be above the rest, clever and capable of discovery, analysis, and problem solving for the community.

It was on a snowy, wintry night, in fact, that the Wise Men of Chelm were seated around a wood-burning stove, trying to explain why winter was cold and summer, hot. As they sat in the firelight, watching the sparks and smoke moving upward through the chimney, one of the philosophers reasoned that as people throughout the world were burning wood to keep warm, all the heat was rising into the sky. After months of buildup, the air became warm enough to provide summer. Then, of course, when the stoves were idle and the air cooled once again, winter would return. Little did these khakhamim know that their thoughts would become the “big question” of the 21st century – Climate Change.

Despite the difficulties of migration, the Chelmites managed to leave their village, travel and spread their wisdom to others. The first Democrat debate of 2015 is the perfect example as we heard Bernie Sanders respond to what he deemed the greatest threat to national security. Without hesitation, he cited “climate change.” Challenged by the moderator about terrorism, he continued, “Of course, international terrorism is a major issue that we have got to address today, but climate change is directly related to the growth of terrorism and international conflicts.” Can Sanders explain why only Muslims, specifically, are so imbued with the desire to kill because of the climate? If the syndrome has not yet been identified, we might consider “Thermocide.”

Another intellect, Director of National Intelligence James Clapper, said, “Empirical evidence alone – without reference to climate models – suggests that a general warming trend is probably affecting weather and ecosystems, exacerbating the impact on humans.” Again we might ask why only the Muslim humans are so influenced as to increase the rapes in northern Sweden by more than a thousand fold since they first began arriving in the 1970s, or to detonate themselves while killing others.

Oblivious to the 14 centuries of Islamic carnage, our sages pursue a climate change issue that is scientifically constant, and not “change” at all. Climate is used by the Left to distract us from Islam’s complicity in drastically changing America. They would sooner discuss climate than the current knifing of Jews, beheading of Christians, and killing and injuring holiday revelers. Sanders and his like-minded sages should explore meteorology.

Secretary of State John Kerry, unquestionably a Chelm descendant, legitimized the Charlie Hebdo massacre and the murder of Jews in Israel as understandable, reasonable, and warranted. He proclaimed that terrorists are encouraged by poverty, despite the oil wealth and strong financial support from the Muslim Brotherhood. He denied our American exceptionalism, and pledged to appoint ambassadors, based on their sexual orientation.

Another intellectual of the Chelm mindset is Hillary Clinton, who declared: “Let’s be clear: Islam is not our adversary. Muslims are peaceful and tolerant people and have nothing whatsoever to do with terrorism.” She further offered, “These Muslims over here are just peaceful, faithful people living their lives, whereas those Muslims over there are radical and seek to impose a toxic strain of their faith via terror and violence.” It may be that she envisions arrowed road signs, “Terrorists this way to Europe” and “Moderates this way to America,” or she had them posted during her many trips to Islamic countries. Unfortunately, signs are no solution for the high illiteracy rate, which could account for the 900 Islamic terrorist cells in the US, as revealed by the FBI. Of the latest act of terrorism in San Bernardino, Hillary blamed the inanimate weapons themselves.

Remember that National Intelligence Director James Clapper said to Congress, “The term ‘Muslim Brotherhood’…is an umbrella term for a variety of movements, in the case of Egypt, a very heterogeneous group, largely secular, which has eschewed violence…” In fact, the Brotherhood was a co-conspirator in the trial of the Holyland Foundation, the largest terrorism-financing ever successfully prosecuted in American history. A major financier of the terrorist organization, Hamas, is dedicated to jihad, the destruction of Israel, and to turning America into a Muslim nation, to “eliminating and destroying the Western civilization from within.”

The politically correct are inclined to say that a majority of Muslims loathe violence, but surveys prove that the majority of Muslims want violent sharia law to prevail over the host country’s laws, and a recent Fox News poll indicated that one in four admitted that violent jihad against America is justified. The Koran commands Muslims to engage in holy war (Jihad) in order to impose Islam and Sharia law on the entire world. Sharia demands support of terrorism and suicide bombings, and conversion to Islam or death.

To say that our Commander-in-Chief is also from Chelm, inexperienced and naïve, would in itself be naïve. He has been following a specific agenda to bringing our country to where it is today, without once veering off course. If he were inexpert and bungling, he could not have so thoroughly hidden his background, divided us into opposing factions and causing chaos on our streets, rejected and rewritten laws, dispatched the CIA for secret operations, created a runaway government, trivialized our Constitution, reduced our personal freedoms, and conspired to change our national identity and endanger our existence with tens of thousands of unvetted, Koran-inspired “immigrants.”

Now, if the incoming Syrians exhibit no violence, we may conclude that climate change is not a threat. If, however, we recognize Islamic violence in the Middle East also occurs in northern climes, we would have to ascertain which changes actually result in the atrocities, or identify their teachings and laws as the true link to violence.  As for our Commander-in-Chief, he is not of Chelm. It is his “dark impulses,” the same impulses of which he accuses Americans who seek to close our borders to jihadi invaders, that are failing us.

*Chelm, pronounced with the guttural KHelm, or the Spanish “J”

2016 is not going to be a good year!


Real Estate has Peaked

Luxury Home

 

The US real estate market has turned for the top end has peaked. Luxury homes for the top 5% are now off by 2%. In my personal search in Florida, I looked around for the past year. Some of the high-end homes they showed me on the beach were still on the market. One that I looked at which just came on the market at $4.5 million has cost $7.5 million to build. It was a divorce. This end of the market the agent told me had been selling in cash deals, rarely a mortgage.

CNBC has reported that Redfin real estate company tracking the top 5% of  the more than 600 U.S. markets fell an average 2.2% in the third quarter compared to the same period last year. When the rich stop buying, the rest follows.

Government has ensured that real estate will collapse for you see the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) combine certain disclosures that consumers receive in connection with applying for and closing on a mortgage loan under the Truth in Lending Act (Regulation Z) and the Real Estate Settlement Procedures Act (Regulation X). New disclosure requirements and forms in Regulation Z for most closed-end consumer credit transactions secured by real property have gone into effect with the turning point on the Economic Confidence Model. Government combined the existing disclosure requirements and implemented additional requirements imposed by the Dodd-Frank Act which applies to transactions for which the creditor or mortgage broker receives after the ECM turning point. This new legislation became effective October 3, 2015 with the ECM.

Real estate agents are reporting that mortgages are now taking far longer to process and approve and have caused transactions to come nearly to a halt. To get a mortgage, one must prove they have the capacity to pay it and must document everything that has gone through their bank accounts.

Real Estate Advertisement 2015

 

The World Real Estate Report will be sent to attendees next week. This will be placed on sale for everyone as of January 1st. The price will be $400 for both reports covering North America, Europe, Central & South America, Australasia, Middle East and of course Asia.

A Historic Landmark Falls to the NWO


Switzerland Abandons Its Historic Principles

Swiss Parliament

 

Wm TellSwitzerland has completely capitulated surrendering its historic safe-haven status to the entire world. Switzerland was born from a tax revolt against the Hapsburg dynasty in Austria. The tax collector made William Tell shoot an apple off his son’s head with an arrow. Switzerland began as a tax rebellion. It then remained neutral in war and it remained neutral in religions serving as a safe-haven fro those who would be religiously persecuted. All of that is now gone forever. Switzerland has surrendered its integrity and its heritage.

Cookie JarThe Swiss Senate has passed the resolution to exchange ALL information on anyone who has any assets in Switzerland. They have surrendered their sovereignty to this worldwide effort to destroy the entire global economy because politicians can never run any government efficiently. They are incapable of keeping their hand out of the cookie jar. Power simply corrupts and thus 99% of all wars and revolutions are concerning money. Do we really need to ask when will we ever learn? The Swiss have simply lost their minds for they have abandoned their heritage and might as well have joined the euro since the obey the commands of everyone else anyway.

The EU implodes before our very eyes!


Spanish Elections – December 20th

Rajoy 2015

The Spanish Prime Minister Mariano Rajoy who is a member of the Popular Party (PP) announced shortly before the general election expected to be December 20th that a record fall in unemployment took place. Looking closely at the statistics reveals that the missing unemployed have emigrated someplace else. Clearly, there are fewer Spaniards contributing to social insurance than before. Only the number of seasonal workers and of workers as a housemaid increased significantly. Magically, the unemployed Spanish youth over 60% are vanishing one way or another when it comes time for elections. Rajoy is projected to get 28.6% of the vote, which is down sharply from the 44.6% his party won during the last election.

Rajoy’s Popular Party has been hammered down by corruption scandals, austerity measures and an unprecedented unemployment rate. The government now claims that unemployment is falling and rests in total at 21.1%. Of course, this stands at US Great Depression levels and the highest in the Euroland with the exception of Greece. Playing with these numbers ahead of the election is just dishonest and it looks like the majority know it.

The 60 year-old Rajoy faces three challengers all who were totally unknown when he first took power in 2011. There have been major rallies calling for change and separatist movements as well.   There is  Albert Rivera, 36, who comes from the centrist Ciudadanos party who is very popular. Then we have the Socialists’ Pedro Sanchez, who is 43, and far-left Podemos candidate Pablo Iglesias, who is 37. This is illustrating that we have a generational shift starting to unfold in politics everywhere.

The peak in government has indeed arrived with 2015.75. We are witnessing a political change that is very profound on a global scale, not just for the 2016 US presidential elections.

This is just one more reason why WW III is near!


Why the Euro Is A Dead Currency

Greek-Euro

 

Tax RobberyI have been warning that government can do whatever it likes and declare anything to be be a criminal act. In the USA, not paying taxes is NOT a crime, failing to file your income tax is the crime. The EU has imposed the first outright total asset reporting requirement for cash, jewelry, and anything else you have of value stored away.

As of January 1st, 2016, ALL GREEKS must report their personal cash holdings, whatever jewelry they possess, and the contents of their storage facilities under penalty of criminal prosecution. The dictatorship of the Troika has demanded that Greeks will be the first to have to report all personal assets. Why the Greek government has NOT exited the Eurozone is just insanity. The Greek government has betrayed its own people to Brussels. The Troika will shake every Greek upside down until they rob every personal asset they have.

Greeks are just the first test case. All Greeks must declare cash over € 15,000, jewelry worth more than 30,000 euros and the contents of their storage lockers/facilities. This is a decree of the Department of Justice and the Ministry of Finance meaning if you do not comply, it will become criminal.

european_union_3d_map_1600_clr_17749

The Troika is out of its mind. They are destroying Europe and this is the very type of action by governments that has resulted in revolutions. The Greek government has betrayed its own people and they are placing at risk the viability of Europe to even survive as a economic union. The Troika is UNELECTED  and does NOT have to answer to the people. It has converted a democratic Europe into the Soviet Union of Europe. The Greek people are being stripped of their assets for the corruption of politicians.

This is the test run. Everyone else will be treated the same. Just how much longer can the EU remain together?

Has Turkey Just Started WW III?


Bosporus

What is becoming clear is that Turkey has most likely NOT acted alone against Russia. They have more likely than not fired the first shot in what may become World War III. Turkey has been buying the oil from ISIS and thus funding them. Yet at the same time, they are part of NATO and have probably acted with the FULL consent of NATO including the Obama Administration.

The entire Syrian incident I reported back in 2013 that from the outset it was secretly all about getting a pipeline through Syria to Europe so Saudi Arabia could compete with Russia in supplying Europe with natural gas.

There is absolutely no way this shooting down of a Russian plane was Turkey alone nor was it an accident. The plane was over Turkey air space for a few seconds and was shot down in Syria. There was a TV crew there to film the event and within 15 minutes NATO was informed. This was a DELIBERATE act to provoke war.

Now Turkey is escalating it further by blockading all Russian ships to prevent them from accessing the Bosporus. This is clearly an act of war and Russia has defended Syria and its economic interests no different than the USA who has had far less of any economic interest at stake in any other situation.

CycleOfWar-2014

This is an agenda that is underway. Whether or not those involved are actually trying to start World War III or are too stupid to realize that this is what they are risking seems almost pointless. The real crisis is that this is exactly on time cyclically and this does not look very good as we look ahead.

The fact that Russia began bombing in Syria precisely on the day of the Economic Confidence Model was shocking. What has emerged ever since right down to the shooting of the Russian plane by Turkey now closing the Bosporus is by no means without the consent of NATO.

More on the end of the EU


ECB & The Failed QE Stimulus

Stimulate

The central banks are simply trapped. They have bought in bonds under the theory that this will stimulate the economy by injecting cash. But there are several problems with this entire concept. This is an elitist view to say the least for the money injected does not stimulate the economy for it never reaches the consumer. This attempt to stimulate by increasing the money supply assumes that it does not matter who has the money. If we are looking only at the institutional level, then this will not contribute to DEMAND inflation only ASSET inflation by causing share markets to rise in proportion to the decline in currency value.

Negative-Rates

 

The European Central Bank (ECB) then pushes interest rates negative to punish savers and consumers for not spending money that never reaches their pocket. Negative rates promotes hoarding cash outside of banks which in turn then inspires the brilliant idea of eliminating cash to force the objective and end hoarding. But negative rates have been simply a tax on money. The attempt to “manage” the economy from a macro level without considering the capital flow within the system is leading to disaster.

ElasticThen we have the problem that the central banks in attempting QE operations, cannot figure out how to reverse the process. They cannot sell the debt back to the market thereby defeating the original concept of creating elastic money supply. You increase the money supply during a recession to prevent banks being forced to sell assets to meet a panic demand for cash. Transactional banking has altered the classic borrow short lend long operations of banks cancelling out the idea of requiring and elastic money supply. All central banks can do now is allow the bonds they bought to mature and expire. If they attempt to sell the bonds they bought back into the marketplace, they will drive rates higher in a panic.

Draghi-Lagarde

The ECB is now expected to inject “fresh” stimulus into Euroland’s economy come Thursday given Mario Draghi said he and his policymakers would “do what we must” to return inflation from its current level of 0.1% to 2% asap. Draghi now implies that he has failed for unless he takes aggressive action, there is a tremendous risk of a dramatic disappointment in financial markets as QE is revealed as a failure.

The combination of a continued declining recovery and a deflationary atmosphere present a compelling case that the ECB will accelerate it program despite strong opposition from German policymakers and others on the 25-strong committee. Since late October, many officials from Euroland have gathered in Frankfurt to brainstorm just what the central bank could do now to turn things around.

Many can only see that the same course must be extended and pledging to buy about €60bn of bonds a month from March 2015 until September 2016 was not enough as they assumed would create inflation to achieve 2%. This has produced a total buying spree of about €582bn out of a planned €1.1tn. All this did was ease up some credit markets, but bad loans are still the huge problem for banks and raising taxes dampens the BELIEF that there is a viable future to even borrow to expand the economy.

European economic growth remains extremely weak and inflation has failed to pick up as much as the ECB had anticipated BECAUSE they are NOT lowering taxes and that is the ONLY way to reignite DEMAND inflation from the consumer. Increasing the money supply which never reaches their pockets is pointless especially when banks are not interested in lending in the face a serious unperforming loans as taxes and tax enforcement increase. Clearly, the ECB has already changed its tone on the September 2016 deadline.

Draghi Mario

The ECB’s position is to remain in denial arguing that QE is indeed working, but it is just not working fast enough. Without the ability to control taxation, buying bonds and attempting to simply inject capital that cannot reach the consumer becomes a joke. It is more like a medieval doctor who bleeds his patient and assumes when the patient dies it was not the method of bleeding and perhaps he took out too much blood but the fact he did not bleed him soon enough. Inflation by their own measurement has remained under 1% for two years.

3FACESn-of-Inflation

 

There is absolutely no credibility in terms of returning inflation to a 2% target. Obviously, the argument is to bleed the system further by buying even more bonds. The burning question is the very theory of QE being inflationary. The ECB has bought mostly government bonds amounting to slightly less than 75% of all purchases. The balance is composed of repackaged loans as covered bonds or as asset-backed securities.Buying in government debt clearly creates no jobs and it certainly does not expand the economy. Government produces nothing but a drain upon the wealth of a nation that is produced only by the people. The larger the government, the lower the economic growth for you are spending more to sustain government that creating an economy.

The Federal Reserve was established in 1913 with the directive that to stimulate they would buy directly corporate paper – NEVER government. When banks were reluctant to lend, the Fed would buy the corporate paper and that would prevent unemployment. Thanks to World War I, the structure of the Fed was altered and they were directed to buy government bonds. That directive was never reversed. Today, while most central banks have stuck to buying mainly government or quasi government bonds which do not directly stimulate the economy,they have failed to comprehend the significant difference between buying corporate debt issues compared to government. This is a primary misconception of how to manage an economy and holds a large key as to why QE has failed combined with raising taxes and increasing tax enforcement to pay for QE.

3FACESn-of-Deflation

Japan-RE IndexIndeed, if we look at central banks as a whole, the Bank of Japan purchased exchange traded funds and property directly that was in the form of Japan real estate investment trusts,as part of its QE program. However, real estate trusts are a dead asset class. They also produce nothing and represented purely a collapsing asset value. This failed utterly to “stimulate” the economy for it merely relieved others of sure losses.

IntRate-Manipulate

Summers-LarryThe ECB became the first major central bank to follow Larry Summer moving into negative interest rate territory which was really aq tax on money. The ECB cut its deposit rate below zero last year punishing people for saving money when in fact they fear the future and will not spend lacking confidence. We have now seen this policy adopted in Scandinavia and Switzerland. The US Federal Reserve is not following this course and sees that negative rates destabilizes pension funds and the efficient use of capital. The Fed counters this trend warning that its domestic policy objectives cannot be held hostage to international and it sees that interest rates must rise to be “normalized” to prevent a further economic crisis. This clash between policies between the ECB and the Fed are more likely to weaken the euro against the dollar.

Fed Excess Re3s 2015

 

Moreover, I have argued that the Fed should abandon paying 0.25% on excess reserves. Foreign institutions are moving cash to their US branches to simply deposit money at the Fed. This money is  accumulating massively and obviously it is NOT stimulating the economy. The ECB can buy European bonds and the cash is being sent into the dollar and deposited at the Fed. Total deposits at the Fed in excess reserve facility is approaching $3 trillion. This may be creating money which in theory would be inflationary, but if it is simply parked, it has no inflationary impact for the velocity of money in this cash become zero.european_union_flag_perspective_anim_500_clr_4611

Clearly, the ECB cannot stimulate the European economy with QE unless it also lowers taxation and buys private debt directly to stimulate the economy when banks are now simply transactional. Allowing the ECB to buy bonds with lower negative yields while raising taxes is proving to be a lethal policy that is sending capital on every boat to the USA. Currently, the ECB has a ban on buying anything with a yield below minus 0.2%. The ECB somehow must convince markets not only that it can hit its inflation target, but that its policy is even sound. QE is not working and it cannot work under these conditions.More on the end of the EU