Published on Jan 11, 2019

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Rookie Rep. Alexandria Ocasio-Cortez gets called out by the Washington Post fact-checker for making up numbers to justify the Democrats “Medicare for All” plan. She brushes off the accusation, suggesting conservatives should focus on the moral substance of her idea, without getting distracted by numbers. Count on Bill Whittle Now to correct the record. Bill Whittle Now is a production of Members who donate to foster these conversations at http://BillWhtitle.space/subscribe

Jan 11 2019

Cancelling Euros

Armstrong Economics Blog/Euro €

Re-Posted Jan 11, 2019 by Martin Armstrong

QUESTION: Dear Martin,
you are very right that govs intend to terminate high denomination euros. In Germany it has been impossible to pay cash with a €500 note for quite some time now – at least at most of the shops I usually go to on a weekly basis. At the end of last year they exchanged the ATMs in my house bank, so now €500 bills aren´t dispensed any more. It seems to me the gov is going to cancel these notes completely, i.e. withdraw them from circulation. What would you advise to people holding €500 notes at home?
Thank you very much in advance.
EZ

ANSWER: There will be a cancellation of the €500. That is the rumor behind the curtain. I would convert them as soon as possible to small bills and/or US dollars. There remains a distinct possibility that we will see Europe try to cancel its currency and take up the IMF’ proposal to move toward a cryptocurrency. They are desperate for taxes and they will raise taxes even further. As far as cash is concerned, as we move into 2020, it is time to make changes

Jan 11 2019

Using Cameras in the Hunt for Taxes

Armstrong Economics Blog/The Hunt for Taxes

Re-Posted Jan 11, 2019 by Martin Armstrong

COMMENT: Hi,
Hunt for taxes is running full scale in Scandinavia.
In Sweden, all vehicles including foreign registered vehicles, are obliged to pay congestion taxes in Stockholm and Gothenburg as well as infrastructure charges in Motala and Sundsvall.
Sometimes, the automatic camera system reads the license plate falsely and few people in Finland have gotten monthly invoices, even though they or their car never were in Sweden, including some fire trucks that never leave their home town.
TThepayment is usually a few euros but the overdue payment is 500 SEK. The most horrible thing is that, of course, the due date comes so fast that if you don’t want to pay the 500 SEK overdue payment you just pay the invoice and then it is your burden to prove you never were in Sweden.
BR
JP

REPLY: We are witnessing police being converted into tax agents. This is no longer about protecting the public. It is about exploiting the public to fund government pensions. For every person who moves to retirement, the state then hires their replacement. Consequently, the cost of government is growing exponentially on a global basis and this is the reason why we are undergoing a MAJOR Cycle Inversion in how the markets will react between now and 2032. In Australia, they have been handing out parking tickets in your own driveway. In Australia, there are people who have figured out how to beat all these automated cameras. They clone license plates so other people get the tickets. In the USA, there have been major class actions lawsuits against automated cameras. In Cherry Hill, New Jersey, if you stopped but were 6 inches over the white line, you were still being given a ticket for running a red light. Then people making a right turn on a red were being given tickets for “rolling” rather than coming to a complete halt for at least 5 seconds. Other states are photographing your plate and then send you a ticket for whatever they can find or make up. Failure to have insurance is a popular one even if you have it, they know it is often cheaper to just pay it than spend all day in court.

This is no longer about safety or protecting anyone. It is just about raised revenue any way they can pretend to justify it

Jan 11 2019

Yellow Vests Destroying Speed Cameras

Armstrong Economics Blog/Corruption

Re-Posted Jan 11, 2019 by Martin Armstrong

The Yellow Vest movement is indeed spreading worldwide. In France, they are out destroying speed cameras. Most Americans are familiar only with the red light cameras that cities have been forced to take down for they are unconstitutional. That is why you did not get points for the violation, just penalties. In Europe, the speed cameras are outrageous. When I was living in Switzerland for a few months, boy did I get tickets galore. You suddenly find out that you get a ticket for just 1 km over the speed limit. In the States, a cop will not give you a ticket until you are more than 10 miles an hour over the limit. Your speedometer can be off as well as theirs. In Europe, there is no such recognition.

In Rome, just don’t bother even renting a car. All you will get are countless tickets as they change the speed limits at different times during the day and they will take a year to send you a ticket without any description of what the fine is even for. In Europe, these are just an excuse to impose more forms of taxes.

As government becomes ever increasingly desperate for money to pay their own pensions, we are headed into a clash that will be civil unrest on a global scale that will begin to rise much more dramatically after the turn in the ECN come January 2020. The polls show that the Yellow Vests Movement in France has 70% of the population behind them.

Jan 10 2019

Revealed: False Flag Attack on GOP Senate Hopeful

Bill Whittle

Published on Jan 9, 2019

The New York Times now reports a second stealth attack by Progressives aimed at tarring former Judge Roy Moore during his 2017 Senate race. Bill Whittle wrestles with how to fight an opponent who fights dirty, and what Judge Moore should have done to combat the allegation. Bill Whittle Now is a production of the Bill Whittle network of Members who contribute their own money to ensure these conversations make a cultural impact. Become a Member today at http://BillWhittle.space/subscribe

Jan 10 2019

Germany Slips into Recession Following the Economic Confidence Model

Armstrong Economics Blog/France

Re-Posted Jan 10, 2019 by Martin Armstrong

COMMENT: Mr. Armstrong; Your ECM has been amazingly accurate. Not only did real estate peak, but it is now official, Germany is in a recession.

Great job

REPLY: There is an accurate business cycle that unfolds but you must step back and observe it from a global perspective. The Economic Confidence Model has a long track record. The numbers are shocking. For 8 out of 12 months in 2018, German production has declined. On average, manufacturing declined 4.1% in November and energy production decline 3.1% in November. Even new construction has declined 1.7%.

Jan 10 2019

Yellow Vests Advocate Taking Money Out of Banks in France to Topple Macron

Armstrong Economics Blog/Civil Unrest

Re-Posted Jan 10, 2019 by Martin Armstrong

The Yellow Vest Movement in France is turning to an all-out war against Macron. Many are now advocating withdrawing their money from backs in order to topple Macron. Yellow Vest activists ‘Gilets Jaunes’, are now supported by up to 70% of the population. This new effort stepping up their pressure to de-throne President Macron and regain French sovereignty from the hands of the EU elites and globalists is becoming really intense as they call on the people to remove Euros from French banks to destabilize the regime.

Now we are witnessing the further spread of the Yellow Vest Movement as Taiwanese demonstrators have also launched their ‘yellow vest’ movement to protest taxes. The Yellow Vest Movement has also now emerged in Lebanon as people there to are calling for “Revolution” to unfold.

Jan 10 2019

May EU Elections Promising to be Major Issue

Armstrong Economics Blog/European Union

Re-Posted Jan 10, 2019 by Martin Armstrong

Two more politicians in France have abandoned Macron and joined the right party of LePen ahead of the May European elections. Our sources in France are clearly revealing that the Yellow Vest movement has had a profound impact on politics. Macron’s promises to raise taxes on the rich are falling short because that just never seems to result in lower taxes for anyone else.

Our models are shaping up to show May as the major turning point here in 2019. This will have a profound impact on European share markets as well as the currency. Meanwhile, the EU is really at war with Poland and its policies have been outright deliberately intent on punishing Poland. This is leading to the development of a new coalition causing Ital and Poland to join together against Brussels to form their own anti-EU league.

Jan 9 2019

Cancer Sidelines Progressive Justice: Rejoice?

Bill Whittle

Published on Jan 9, 2019

Supreme Court Associate Justice Ruth Bader Ginsburg’s cancerous-growth surgery kept her from hearing arguments, and has increased speculation about a post-RBG Court. But how should Conservative Constitutionalists meet the news that their ideological enemy suffers? Right Angle is a production of the Bill Whittle network of Members who contribute their hard-earned money to ensure conversations like this spread around the world. You can join them today at http://BillWhittle.space/subscribe