Tag Archives: MRYA

Jan 7 2016

So it begins …


Contribution from Norway — War & Money

Re-Posted on January 7, 2016 by

War-Money

COMMENT: 

Good morning, Martin.

Yesterday I bought an old booklet printed for 10 NoK at the Armed Forces Museum: “Laws, resolutions and prescripts due to circumstances of war”, by the Justice Department, printed in Kristiania (now Oslo) in 1917. I thought I there would find the outline of a recipe for what may come here this time around. Here are the highlights (in addition to an ever growing list of goods that are temporarily forbidden to export):

3. August 1914: Telegram from the Finance dept, ordering all major banks to execute the bank-plan restricting withdrawals from accounts, and immediately order all banks to stop any withdrawal not in accordance with the plan.

4. August 1914: Maximum prices to be imposed on certain goods

4. August 1914: Payment of expireing government paper will be postponed one month, ordinary interest rate applies. For paper without interest rates, 5% p.a. will be paid during the posponment period.

5. August 1914: Bank of Norway is temporarily not obliged to exchange its notes with gold.

15. August 1914: Since there was no bank run, the bank-plan is relaxed, but banks shall only allow withdrawals to companies to pay salaries etc. Private persons are allowed to withdraw what the bank think they will need for one week at the time. Under no circumstances must the banking restrictions come in the way of companies/private persons paying taxes to state/munis.

18. August 1914: Gold and silver in any form is for the time being prohibited to export from Norway.

18. September 1914: International private telegrams are to be in Norwegian, Swedish, Danish, German, English, French or Russian, and be written in a clear way that gives meaning to the operators. If not, the telegrams will not be forwarded and no notification given. International phonecalls are to be in Norwegian, Swedish or Danish. Non- compliance leads to termination of the conversation.

20. August 2015: Increased taxes on income generated due to the war business cycle: 5% on first 5000 NoK increased income (based on tax declaration 1914) assumed to be due to the war. 15% on 20 000 NoK and above.

15. April 1916: Bank of Norway is temporarily no longer obliged to exchange into notes gold handed in, nor is the State Mint obliged to mint coins from gold handed in.

Happy New Year Martin, and all fellow readers of this blog.

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REPLY: War and money has always been a politically sanctioned marriage. Trying to force the federalization of Europe to end war is like advocating that had Hitler or Napoleon conquered all of Europe, then they would have ended European wars. The EU in Brussels is trying to conquer Europe and they are using politicians to betray their own people. This has always been the goal. The euro was indeed the federalization of Europe through the back door, as Margaret Thatcher said.

2015.75: The Start of Sovereign Debt Crisis

Posted on January 7, 2016 by

ECM2015-2020

We warned that 2015.75 was the turning point to the start of BIG BANG. As we now have entered the down wave on the Economic Confidence Model, things will begin to heat up. Here in 2016, I have warned that our crisis has been created by the total mismanagement of government by politicians. This year will mark the beginning of the problem where governments

I have warned that our current crisis in 2016 has been created by the total mismanagement of government by politicians. This year will mark the beginning of the problem of governments NEVER paying off debt. Instead, they roll it and add to it year after year. Well, 2016 will mark an outrageous roll as the equivalent of nearly half of the USA’s national debt has to be refunded. Major economies need to raise about $7.1 trillion U.S. dollars to refinance debt. Germany alone has around €203 billion euros of new debt that it has to sell, which is a considerable challenge in view of the fragile global economy. Welcome to BIG BANG.

Jan 6 2016

The best-laid plans of mice and men oft go awry!


War Games Always Go Bad

Re-Posted on January 6, 2016 by

1952-CIA Document

1952 CIA Document to Create Nationalism in Afghanistan

QUESTION: Mr. Armstrong; I read with great interest your insight into another motive behind the illogical attempt to overthrow Syria with respect to Genie. Do you agree that ISIS has been initiated by the CIA?

ANSWER: America’s ambitions to topple governments in the Middle East goes back to at least 1952. According to a Central Intelligence Bulletin during Harry Truman’s administration, dated December 4, 1952, the CIA had sought to arm the Uzbek tribes of Afghanistan in order to instigate a nationalism movement that they hoped would spill over across the border into the Uzbek Soviet Socialist Republic, and thereby create a Muslim revolution inside the USSR.

These types of military strategies have led to a huge mess. They have  NEVER  succeeded and have always led to war in far different scenarios than those in government ever dream about. But the USA is by no means alone in this. Saudi Arabia has been also a very active partner in the game.

Jan 6 2016

The Danger of Executive Action


Executive actions are those that have questionable legal basis. Executive orders are those which are probably legally sound.

deacon303's avatarWhiskey Tango Foxtrot

We’ve come to a place in our political discourse when government action often is perceived as more important than respecting the traditions and institutions upon which that very government derives its authority. Many Americans are impatient with the process required by our system of checks and balances.

The recent announcement by President Obama regarding his “executive actions to reduce gun violence” certainly reveals this impatience:

“But we do have to feel a fierce sense of urgency about it. In Dr. King’s words, we need to feel the fierce urgency of now. Because people are dying and the constant excuses for action no longer do, no longer suffice. That’s why we’re here today, not to debate the last mass shooting but to prevent the next one.”

For some on the Right, the idea of executive action on guns is seen as a gross violation of the Constitution and a way for…

View original post 485 more words

Jan 5 2016

President Obama’s Action on New Federal Gun Restrictions To Be Announced Tomorrow…


The NRA, which Obama hates, was founded on the principle that every person including blacks was entitled to protect themselves. The NRA was, in part, formed to give southern blacks the power to own guns to protect themselves from the KKK who were all Democrats, BTW.

The Second Amendment is very important to all Americans as former slave and great American orator Frederick Douglass said, “A man’s rights rest in three boxes: the ballot box, the jury box, and the cartridge box.”

Jan 5 2016

Walter Scott Shooting Case Update: Officer Michael Slager Bonded From Jail – Judge and Prosecutor Deny “Speedy Trial”…


Like most, if not all, of these incidents the police officer is not at fault. Why would any sane person resist arrest unless they were a criminal and were in the wrong and would rather risk getting shot rather then going to jail for a long time!

Jan 5 2016

Hillary wants to be a ‘Queen’ not president!


Trump Highlights the Hypocrisy of HIllary

Re-Posted on January 5, 2016 by

Trump-Hillary

Donald Trump slammed Hillary Clinton who is championing the disarmament of America by challenging her saying bluntly that is guns do not keep people safe, then Hillary should travel without armed bodyguards to prove her position.

Jan 5 2016

If they spy on congress do you really think they do not spy on you?


NSA Spies on Congress

Re-Posted on January 5, 2016 by

CapitolBldg

The NSA has been caught tapping the conversations of those on Capitol Hill talking with Israel. The Greenwald that the “NSA under President Obama targeted Israeli Prime Minister Benjamin Netanyahu and his top aides for surveillance. In the process, the agency ended up eavesdropping on “the contents of some of their private conversations with U.S.” He notes that suddenly those who supported the NSA have a different tone when they realize that they have been the targets.

Jan 5 2016

More taxes we always hear that the government needs more and they do and they will never be happy until they have 100% and we are slaves again!


If you Need a Reason to Sell Britain – Try Cameron the New Closet Marxist

Posted on January 5, 2016 by

Cameron-Europe

Prime Minister David  Cameron is showing how politicians are really cross dressers. Just because he is the head of the Conservatives, does not mean he is really conservative. Cameron told the press that UNLESS the government can just start seizing money from people’s bank accounts it THINKS you might owe, he will have to raise everyone’s taxes.

Cameron actually told Sky News:

“We have a choice here. If we don’t collect taxes properly and make sure people pay their taxes properly we look at the problems of having to raise tax rates. I don’t want to do that, so I support the changes the Chancellor set out in the Budget which is to really say that not paying your taxes is not acceptable.

“It is very clear that they can only do this if there is a debt of over £1,000, they can only do it if there’s £5,000 or more in the account after this has been completed. The general principle – do we want to pursue every avenue of making people pay their taxes they are meant to pay before we put up taxes, because that’s the alternative – absolutely, yes we do.”

Thatcher-Socialism

If anyone wonders why the pound might crash to dust, just listen to the proposals coming from Cameron and close your eyes; you will think it is the extreme left Marxist Labour Party. Cameron is betraying EVERYTHING that the word “conservative” ever meant. Britain is hopelessly going down the drain very fast.

May-1-4-2015-Getty

UK-TaxesMeanwhile, British Home Secretary Defends Controversial Surveillance Bill, Says It Will Stop Cyber Bullies and Trolls. This is a total lie and is directed at tax revenue. Theresa May, claims there’s no reason to worry since the Investigatory Powers Bill would never be used just spying on citizens. Instead, it’ll help track down online bullies and trolls. This is in line with Cameron wanting to just seize money from ANY British account. They have had posters in London saying they are closing in on taxes. The Conservatives are liars for all these measures are directed at hunting money. Not people who “bully” others on Facebook of other social media.

Jan 4 2016

UNBELIEVABLE Update – Oregon “Bundy Militia” Standoff – The U.S. Attorney At The Heart of The Hammond Family Problem…


This case needs to be appealed and retried there is no way something like this can be left standing!

Jan 4 2016

A recovery from the open but still down!


Market Talk — January 4, 2016

Re-Posted on January 4, 2016 by

Market-Talk

What a start to the New Year! Talk around the street voiced a few reasons for today’s stock market declines from geopolitical tensions between Saudi Arabia and Iran to additional dealing costs associated to playing the markets. Discussions are apparently underway across the globe to address market orders, the way in which orders are placed, the magnitude of such orders and the frequency. This, of course, will increase the volatility of prices (as market-makers withdraw) whilst at the same time lead exchanges to increasing margin requirement’s.

Chinese equities lost all bids with two exchange forced closes earlier today. The initial 5% forced the first close only to be closed the second time after the Index fell 7% – this time for the remainder of the day. The Nikkei opened the year over 1% lower and continued the selling throughout the rest of the day to close down 3% at 18,450. The futures have continued that decline and are currently trading around 18,150.

Europe opened weakly and remained so for the balance of the day. DAX closed -4.3%, FTSE -2.4%, and CAC -2.5%. In the U.S., we saw initial weakness across the board but all recovered in the final 30 minutes of trading.

The DOW, S&P, and NASDAQ all recovered to close at their days highs. All markets closed lower but a huge improvement in the final twenty minutes from their lows. DOW -2.1%; S&P -1.5%, and NASDAQ -2.1%.

Both gold and the bond markets saw the flight to quality bid with gold jumping $15 while bonds rallied 4BP across the curve. The spread between U.S./Germany closed around 166bp with U.S. 10s yielding 2.235 whilst German 10s closed 0.57%. This year, we should also follow the peripheral European bond market, so for point of fact we shall include 10yr Italy also; so tonight the BTP closed at 1.55%.

The U.S. dollar saw the bulk of the in-flow with the DXY (USD Index) closing up 0.25% at 98.95. The Turkish Lira was one of the EM currencies that suffered (amidst the market turmoil) closing down on the day almost 1.6% against the USD. GBP and Euro also lost ground but only a marginal 0.25%. A couple of other currencies to mention would be the BRL that lost 2% and the Polish Zloty that lost 1.2%.