Obamacare Sucking up to 10% of People’s Income
The latest studies show that Obamacare is sucking up to 10% of people’s income. This is just not sustainable long-term and may not even be sustainable past 2017.
Tag Archives: MRYA
I still can’t believe they got away with this!
Clinton’s Gift to Bankers Made Student Loans the ONLY exception to Bankruptcy along side taxes
QUESTION: Dear Mr. Armstrong,
Since watching ‘The Forecaster’ I read your blog daily: thank you for all you have done to make sense out of the current phase of the economic cycle we are in. Some call it the fourth turning or winter and it helps to see the bigger picture.
About the loans: how do we go about reversing this “…standard consumer fraud since Hillary is the one who supported the bankers in making student loans non-dischargeable in bankruptcy.” How do we undo this new ruling? Will we have to wait until the economy stops functioning, or is there a legal process to undo it.
Respectfully,
Laura
ANSWER: Excluding student loans from bankruptcy was the Clinton gift to the bankers. It was very detrimental for it encourages education to expand prices dramatically knowing there was now no practical check and balance. so it made education far worse.
The end-result will be a default, but it is unlikely that politicians will rise up in favor of students. The bankers pay for their elections so do not count on government for or by the people. That does not exist.
History says this will end very badly. We will see a rise in civil unrest and this can be the seed to a major political revolution down the road. The bankers converted student loans into debtor’s prison, which was outlawed because it was so abusive. There is no reasonable way out of this mess because the bankers bought Washington and if Clinton were to get in, forget it. She will NEVER admit the Clintons ever did anything wrong.
Do not invest in any hedge funds!
Hedge Funds Get It Wrong with Sovereign Loans & Puerto Rico
The seriousness that is emerging in the hedge fund community is their tendency to become VULTURE FUNDS who look to lend money to sovereigns at excessively high rates of return that become no different than the carpetbaggers who sought to exploit the South following the Civil War. As an investor, you should stay away from hedge funds who think they can exploit various governments rather than invest. If they do not know how to invest to expand the economy, then they have no business handling anybody’s money to ruin the reputation of the industry. They will turn investors into the hated carpetbaggers and they risk turning society into the arms of authoritarian government justified in defaulting on such funds.
The hedge fund industry really began in 1985. The biggest hedge fund back then was $100 million. Unfortunately, too many hedge funds have lost their way and are becoming VULTURE FUNDS that risk the entire industry. We have to realize that 1985 was the start of the movement to create hedge funds for that was the year when everyone (myself included) returned all money to U.S. citizens and moved offshore. A normal pi cycle brings us to 2017, a year that is starting to look very bad. Hedge funds who have become VULTURE FUNDS will be defaulted upon by their clever antics of lending to governments. They falsely believe they have courts to back them up as they did in Argentina. What they fail to see is that they are playing with fire while running with scissors.
Puerto Rico is yet another example of hedge funds out of control. The cash-starved island managed to persuade some of the country’s biggest hedge funds to lend them more than $3 billion to keep the government afloat. They assumed they would get a great deal since they would be earning, in effect, a 20% return. Relying on the island’s Constitution, Puerto Rico was required to pay back its debt BEFORE almost any other bills, whether it was for employee salaries or retirees’ health care benefits. They assumed the law would be on their side and they could crush the island to extract a 20% annual return.
This sort of deal would have been criminal before 1980 when usury was capped below 10%; that was removed so Volcker could raise interest rates to stop an inflation he did not understand. Within just months of making this deal with the devil in the form of hedge funds, Puerto Rico ran out of money. The deal they cut with the hedge funds began to fall apart and has now set the stage for what is becoming an extraordinary political and financial fight over Puerto Rico’s future.
The question arising is whether Puerto Rico should be granted bankruptcy protection in a battle with VULTURE FUNDS who have done far more damage to further the image of the hated rich by supporting a return toward Marxism. Some of the people involved are the very people who lend money to Hillary and Bush, assuming they are buying the politicians as security for their exploits. The hedge funds have banned together and hired lobbyists to try to create laws to screw Puerto Rico for their gain. This is the very method they used against Argentina and Greece to exploit high-yielding returns in billions from the hardships they impose upon the people of those countries.
I highly advise anyone investing in these type of hedge funds to exit. This model will fail for the sovereign debt crisis will expand rapidly over the next two years and these funds will lose a fortune. They probably would love to see Donald Trump assassinated for his election would spell disaster for this business model when they cannot buy him.
Saving America: By Non-violent Revolution
Post By Paul Eidelberg
The members of the U.S. Joint Chiefs of Staff know, as do millions of Americans, that their country is engaged in a world war — not with ISIS (or ISIL) but with the driving force of ISIS — Islam, Islam itself and without adjectives, and further which has declared war on us; is without doubt the Mortal enemy of our Civilization.
It is therefore the solemn duty (under their oath of office) of the U.S. Joint Chiefs of Staff to undertake a course of action that will terminate the Obama-led administration in its ENTIRETY; or, failing this, for the Joint Chiefs to resign en mass under appropriate protest and positive recommendations to the American public.
This mass resignation of the Joint Chiefs will galvanize the American people and surely governors of many states to form a caretaker government until new national elections can be held. Meanwhile the National Guard will maintain law and order by all necessary and proper means.
Mr. Obama and his minions, under safe security, will be required in total to resign from office. Appropriate leaders of the majority party of the House of Representatives will step forward, and, with the support of various Senators, will assure the American people that a new democratic government will be formed after the needed caretaker government prepares appropriate grounds for the new government.
A moratorium on legal penalties may be in order, but this should not delay the removal of the entire corrupted Obama Government. Further, the Supreme Court, in the absence of the Executive, should not interfere.
During this period, the American Declaration of Independence should be our guide. Highly respected former Congressmen and women should do what is necessary to secure a peaceful transformation of regimes. But the main objective must be emphasized.
America needs a new and competent and very American commander-in-chief to save this country from her mortal enemy, Islam.
The building Breakup of the EU!
Rising Separatist Movement in Corsica to Leave France & Riots Against Muslims
On December 5th, 2015, youth clashed with police in a separatist protest. This is the youth uprising – the lost generation that Socialism has turned into economic slaves. Some 500 young people responded to the call for Independence from France. This is a building movement which has picked up speed following the turning point of the Economic Confidence Model on September 30th and violent protests began on October 2nd, 2015. Youths began throwing stones and shooting flare guns clashing with police two days after the ECM in an attack which targeted a docked French customs boat in Corsica. This new shift post-ECM is calling for independence whereas pre-ECM it was primarily a trend of rising violence on the island which was a wave of labour strife.
The rising trend toward independence in Corsica took a new turn as demonstrators ransacked a Muslim prayer hall and set fire to copies of the Koran on Christmas Day. A reader from Corsica reports
Hi Mr Armstrong,
The situation keeps evolving in France. And it seems still in tune with Corsica.
Now Corsican regional government made it cristal clear that it sees things differently than the french government. The assembly president stated that “corsican is the language of Corsica”, responding to the french government who insists “french was the language of the french republic”.
As i said before, since the french revolution, the French State does not make a clear distinction between nationality/culture and citizenship. So, to be a “good citizen” means to become culturally french. Corsican are now able to openly question the definition framed 224 years ago, when the first french constitution was written (1791).
As you stated that 30th of december was a key date for the political trend, i noted that, in France, a powerful debate occured this very day after a former french minister, Nadine Morano, quoted Charles De Gaulle as defining the French people as a “white and christian nation”. I told myself that this meant it would be the frame of the political cycle from now on, i.e. “who is french ?”. The answer being a cultural / pre 1789 answer.
Following the massacres in Paris, the government wants to modify the constitution. Curiously, the socialist president decided he would include the possibility for a french born citizen who has another nationality to lose the french one. This is triggering a further debate about multiple nationalities, thus leading to crisis around the definition of the french nationality (jus sanguinis, jus solis).
Yesterday, muslims rioters attacked firemen in ajaccio (Corsica). They use to do it in France everywhere for Christmas and New Year. The corsican crowd reaction has been this : 300 peoples went to the near mosque and ruined it while calling for killing all the muslims. The slogans were “Arabi for” (“Arabs out” in corsican) and a call for national corsican unity.
It seems that the French Revolution ideals are completely falling apart : rise in french nationalist sentiment, separatism on an ethnic base, both fueled by anti-muslim reactions.
A Fundamental Truth is that no government ever tells the truth!
What Is Said Publicly & Privately Differ – Here Comes 2017
QUESTION: Marty, you know which bank I am at. You also know the Fed has been going around warning banks that their models are wrong and they will not see a flight to quality being the 30 year bonds. Yet Yellen seems to also say she does not believe in inevitable cycles. They are saying one thing publicly and another behind the curtain. Are you sure they are not attending your conferences covertly?
ANSWER: Other central banks are open as to who they are when they attend, which did surprise me. I believe that there are people within the central banks who are looking at our work, especially since the Bank of China came out publicly and stated they are using capital flow analysis which we invented. Yellen’s statement is political:
I think it’s a myth that expansions die of old age. I do not think that they die of old age. So the fact that this has been quite a long expansion doesn’t lead me to believe that it’s one that has, that its days are numbered. But the economy does get hit by shocks, and they were both positive shocks and negative shocks.
She will not come out and say there is a business cycle for it is a presumption, as Larry Summers noted, that if you admit there is a cycle it creates one. People who have no trading experience cannot see the real forces behind the business cycle. Nevertheless, I would not take what she says publicly seriously. Just in October, the IMF began warning that the core G7 economies had experienced a very weak recovery which risked turning into near stagnation after cutting its global economic growth forecast for the fourth successive year, as reported in the Guardian. The IMF is warning that if the Fed raised rates, they will set off a new financial crisis because of other indebted countries.
Yellen’s statement is a public one and not one which should be taken seriously. Summers’ simply admits he is incapable of doing any forecasting. His original proposal to move interest rates negative demonstrates that the guy knows nothing about how the economy functions for all he looks at is the bankers. What about the savers or the elderly whose retirement he has destroyed? What about the pension funds he has wiped out? The high-yield hedge funds going belly-up is all part of this inability to forecast. They assume that the trend in motion will remain in motion and not die of old age.
Paul Volcker wrote:
The Rediscovery of the Business Cycle – is a sign of the times. Not much more than a decade ago, in what now seems a more innocent age, the ‘New Economics’ had become orthodoxy. Its basic tenet, repeated in similar words in speech after speech, in article after article, was described by one of its leaders as ‘the conviction that business cycles were not inevitable, that government policy could and should keep the economy close to a path of steady real growth at a constant target rate of unemployment.
So do not take whatever Yellen says publicly very seriously. She cannot speak freely any more than you can (working for a bank). If you work in a bank or government, you cannot speak freely for whatever statement you make is attributed to the whole.
The recovery is extremely weak. The Fed had to raise rates because Larry Summers is dead wrong. The Fed can see that negative interest rates have FAILED to work. Even QE has not worked in Japan or Europe. This alone proved that the idea of increasing money supply will cause hyperinflation. This totally misread what took place during the German hyperinflation. They failed to realize the new government previously defaulted of all debt which wiped out savings, banks, and pensions. They printed money because that was all that was left. It was the symptom rather than the cause.
There is no CONFIDENCE and it is being killed with taxes. As we approach 2017, those in power have only sought to maintain their power. They are raising taxes and enforcing taxes to the point where they are reversing everything that made the world economy function post-World War II. It was the free flow of capital that reconstructed the world. This is the very thing that governments are shutting down for taxes. We are now officially driving in reverse.
This is the government’s own forecast for the budget crisis. 2017 will be the year from hell all around the globe.
This is a Major Problem in America as the Universities graduate more and more students with totally worthless degree’s!
Suing Universities for Consumer Fraud – Has Their Time Come?
The Australia’s News.COM is reporting the story of Clark Moffatt when to law school to get his dream job as a lawyer working in the America criminal justice system – like we really need more prosecutors. Nevertheless, after nearly a decade graduating with his sheep’s skin, Moffatt has yet to land a job in the profession of his dream. His student debt stands at more than $230,000 and he has a wife and two kid to support.
Moffatt is is using the skill he was taught at last for something worthwhile. He is now suing his law school, claiming it intentionally misled students and exaggerated post-graduation employment figures and future salary expectations. This is standard consumer fraud since Hillary is the one who supported the bankers in making student loans non-discharge-able in bankruptcy. Thanks to Hillary his family is screwed. The only other course of action is is go after the school.
This is the ONLY legal course of action open to students. It would be great to see a major class-action case against schools for it is time CYCLICALLY for their peak in what has been the same as healthcare – massive fraud instigated by student loans to support an industry that no longer needed to be competitive.
Propaganda in the age of the Web
Why I would NEVER donate to Wikipedia
This is a very interesting TEDx presentation of the massive effort to make you think a particular way which is all crafted from Behind the Curtain. Anything that has any possible political connection on Wikipedia is simply not trustworthy.
O’ Holy Night…
We are to be tested over the next several years for we have lost the way to the Godless and their allure of things with no cost! Unfortunately the cost is actually very steep since it may cost us our souls! Look deep into your hearts tomorrow and the next few days and you will understand that there are those that temp us with trinkets while they steel the souls of our children in their towers of deceit by teaching them the ways of the devil not the true God. This must stop and stop now or the price will be on our head for allowing this travesty to happen.
Oil and war a great mix!
Evil People in High Places? Or Just Coincidence?
Dick Cheney is best know for being the head of Halliburton who then became Vice President who moved his office directly in the White House and ran the government as the “shadow president” because Bush, Jr. couldn’t even figure out he was holding a book upside down. Cheney started the Iraq War and then made sure Haliburton ran the show. When Congress was going to investigate the conflict of interest, Halliburton resigned its American citizenship and moved to Dubai to end any investigation.
Howard S. Jonas (b 1956) graduated from Harvard in 1978. He understands the game and is founder of the Newark, New Jersey-based oil and gas group Genie Oil & Gas which owns leaseholds both in the USA and Israel for shale oil deposits. He is estimated to sit atop 10 billion barrels of oil equivalent in the U.S. and 40 billion barrels in Israel. Added together, these shale oil reserves actually make Saudi Arabia’s proven reserves.look minuscule.
Jonas has brought in to his Strategic Advisory Board to secure influence Dick Cheney “shadow president” of the USA, James Woolsey a neo-con former CIA Director under Bill Clinton, Bill Richardson is a former US Secretary of Energy, Jacob Lord Rothschild who is also a major investor in energy, Rupert Murdock who also is a major financier of the neo-conservative Weekly Standard of Bill Kristol, Larry Summers, who was US Treasury Secretary and helped Rubin draft the laws that deregulated US banks overturning Glass-Steagall, and Michael Steinhardt who is a major hedge fund manager and a serious philanthropic friend of Israel. Genie Energy was granted in 2013 the exclusive oil and gas exploration rights to a 153-square mile radius in the southern part of the Golan Heights by the Netanyahu government. The players are all in the game of a company most people have never heard of no less from Newark, New Jersey.
Genie Energy, confirmed that it has discovered oil and gas in this occupied territory held by Israel on the Golan Heights, which is formally the territory of guess who – Syria. So while the pipeline issue we reported was the real reason behind Obama wanting to invade Syria, we now have to also add to this mix Israel. Genie Energy needed a very influential Strategic Advisory Board because this is occupied territory becoming to Syria. The announcement of the discovery took place October 11th, 2015. We also have Russia starting to bomb US trained forced destined to overthrow Syria. This was the announcement of Genie.
“Preliminary evidence from the exploratory wells drilled by its Afek subsidiary in Northern Israel confirms the existence of significant quantities of oil and gas within its exploratory license area,” Genie said in a statement, but added that it does not yet have sufficient evidence to determine whether this or any part of the resource can be “technically or economically produced.”
This entire cauldron in the Middle East is shaping up to be World War III but it is over energy. It all began right to the day of the Economic Confidence Model on September 30th, 2015. The public announcement of Genie was October 11th. That means the results were already known Behind the Curtain going into September 30th. These people need a war in their mind to get oil prices back up. If oil closes in the States above $35, then we are NOT getting that long-term bear market signal. We need a closing BELOW $32.20 to negate a bull market. A closing for 2015 ABOVE.
This is not a Christmas message I cared to write. Oil will be VERY CRITICAL as a signal for 2016 because we also have the War Cycle moving higher into 2017.
Centinel2012 