An interesting take on what happened and presented in a very believable way; one wonders if the truth will ever really be known.
Tag Archives: multicultural
Donald Trump and Common Sense…
It makes perfect sense that why Obama and Hillary would never do that!
Donald Trump Speech on Violent Extremism, Saint Anselm College, NH – 2:30pm Live Stream
Good speech until Obama trump put passion in what he says and what he says makes perfect sense as it is also common sense. We really have no choice for as Trump says for if we do not chance our policies there will no long be an America — home of the free because of the brave!
Crime Pays — But Who?
Armstrong Economics Blog
Re-Posted Jun 12, 2016 by Martin Armstrong
One of the eye-opening shocks I experienced after I was thrown in contempt was that nothing was what it seemed. Numerous suicides occurred but the press did not report on them, and the few that received coverage were spun to the government’s favor to portray them as having some remorse. The truth is that those who committed suicide were typically the innocent, whereas the real violent criminals, I found, were cowards. They might kill someone else, but they themselves fear death and will appeal until the end. Even those who did something they believe was right, like Timothy James McVeigh (April 23, 1968 – June 11, 2001), opted for death and refused to appeal. The outright murdered was terrified of dying.
Then there is the nonsense portrayed as recidivism (the relapse to criminal behavior). The truth, even in this department, was far from what the press portrayed. I met people who had been imprisoned for 20+ years who were scared to be released. They all said they would commit another crime to get back inside where life was easy. Once a black individual cried in my cell. He asked me to read his paper because he could not read. He was sentenced to 40 years imprisonment when he was only 18-years-old. He said he had no family left. He had no idea what to do and was scared to death of the outside world. I came to learn that prison was not a punishment; it was a change of life. The justice system somehow operates under the delusional idea that increased prison sentences will deter people. That is just stupid. Prison is suited ONLY for those who pose a violent risk to society — no one else.
So now, we have the idea that they will pay people not to commit a crime after getting out. This will help some who are poor who committed some crime for money. However, the whole system is totally screwed up.
EVERY drug dealer I met said the same thing — the police stole half the cash they had. Their court-appointed lawyers told them to shut up because they would face longer sentences if they were found with more money. Just who is benefiting from this system is highly questionable. Then you have prison guards who take the job so they can beat-up people. They are some very sick individuals. Five New York City Rikers Island prison guards ere just found guilty in beating people. All this does is teach people that government is the enemy. When released, they have been exposed to a vast corruption that dominates the entire prison culture. Inmates have far too often been murdered by prison guards and buried in hole in prisons never to be heard from again. The Arkansas prison farm was just one notorious affair they try to hide from the public.
So unfortunately, the press rarely ever exposes the truth. They support government against the people and have abandoned their constitutional role of defending the people against government. Once the press was bought by big business, they then have agendas sold to the highest bidder.
D.C. may pay people not to commit crimes
Under this bill, up to 200 individuals a year could qualify.
BY BEN NUCKOLS ASSOCIATED PRESSWASHINGTON — They say crime doesn’t pay, but that might not be entirely true in the District of Columbia as lawmakers look for ways to discourage people from becoming repeat offenders.
The D.C. Council voted unanimously Tuesday to approve a bill that includes a proposal to pay residents a stipend not to commit crimes. It’s based on a program in Richmond, California, that advocates say has contributed to deep reductions in crime there.
Under the bill, city officials would identify up to 200 people a year who are considered at risk of either committing or becoming victims of violent crime. Those people would be directed to participate in behavioral therapy and other programs. If they fulfill those obligations and stay out of trouble, they would be paid.
The bill doesn’t specify the value of the stipends, but participants in the California program get up to $9,000 per year.
Councilmember Kenyan McDuffie, a Democrat who wrote the legislation, said it was part of a comprehensive approach to reducing violent crime in the city, which experienced a 54 percent increase in homicides last year. Homicides and violent crime are still down significantly since the 2000s, and even more so since the early 1990s when the District was dubbed the nation’s “murder capital.”
McDuffie argued that spending $9,000 a year in stipends “pales in comparison” to the cost of someone being victimized, along with the costs of incarcerating the offender.
“I want to prevent violent crime — particularly gun violence — by addressing the root causes and creating opportunities for people, particularly those individuals who are at the highest risks of offending,” McDuffie, a former prosecutor, said in a letter to constituents last week.
Democratic Mayor Muriel Bowser has not committed to funding the program, which would cost $4.9 million over four years, including $460,000 a year in stipend payments, according to the District’s independent chief financial officer. Without the mayor’s support, it would be up to the council to find money for it through new taxes or cuts to existing programs.
The program would be run independently of the police department, and participants would remain anonymous.
European State of the Union Through the Eyes of a 23-Year-Old
Armstrong Economics Blog
Re-Posted Jun 11, 2016 by Martin Armstrong
I happened to have a conversation with someone from Portugal who was neither a trader nor an investor, just an observant 23-year-old. When I asked for her take on the state of affairs in Europe, she candidly replied:
“Yes, there are groups of people who expect civil war. Actually, the situation in Europe at this moment is a big mess. Those in the Baltic countries are afraid of Russians, others are in a big panic because of ISIS, and the other third are upset about EU not to mention a mess with refuges and etc… In general, war industry brings amazing profit. So it is a question of time when history will repeat once again, as you say.”
Censorship? Manipulating the News?
Armstrong Economics Blog
Posted Jun 11, 2016 by Martin Armstrong
COMMENT: Dear Mr. Armstrong,
Is there a bug in my computer or has the latest the Nigel Farage video been removed from your blog? I also can’t find the recent more private video on migrant problems in Germany, which was rather shocking for us as the German press is not allowed to automatically report on migrant problems. It’s not a free and independent press anymore.
Thank you for your very interesting and excellent blog.
Kind regards,
ml
REPLY: The videos are still there on my end. It appears that perhaps someone in Germany is blocking those videos. Very curious.
Employment and Unemployment 2006 verse 2016
Last Friday June 3, 2016 the Bureau of Labor Statistics (BLS) published their “Employment Situation — May 2016” report which contained a number of surprises; the biggest one was that we had a 4.7% unemployment rate. This number and other “surprises” are surprises only because the government has no clue what is really going on in the economy; which is a major paradigm shift in the workforce based on all the new Federal requirements such as Obama Care which makes it more and more expensive for a company to have employees, therefore they either automate or ship work, jobs, out of the country. The following Table One is a summary of some of key items shown in Table A-1 in that report, the numbers are in thousands.
Table One, Thousands
Class March 2016 May 2016 Change Change %
Civilian population 252,768 253,174 +406 +.16%
Labor Force 159,286 158,466 -820 -.51%
Employed 151,320 151,030 -290 -.19%
4.7% Unemployed 7,966 7,436 -530 -6.65%
Not in work force 93,482 94,708 +1,226 +1.31%
The biggest thing that stands out in this report is that from March 2016 to May 2016 a total of only three months there are 290,000 fewer people working in May than March but simultaneously the unemployment rate went from 5.0% to 4.7%. That happened only because 1,226,000 people dropped out of the workforce, in two months, really? So it would seem that the easiest way for the government to lower unemployment is to take people out of the work force then to make it easier or less costly to have more employees.
This change happened by manipulating the values in Table One where we see that the Civilian population went up by 406,000 and the labor force shrunk by 820,000 the sum of the two is where the 1,226,000 comes from. 406,000 people should have entered the workforce and to keep unemployment at 4.7% the work force would need to be 159,692,000 the employed would then be 152,187,000 and the number unemployment would be 7,505,000. The bottom line is that for the 4.7% to be real there should have been 867,000 more people working then we actually have employed now.
A more telling look at this above information shown in Table One would be to compare May 2016 to an older report from August 2006 which was less than 10 years ago and the last time before the great recession that the unemployment rate was also 4.7% so it would be a very reasonable comparison to make. This look back is shown in the following Table Two where these figures are also taken from the Bureau of Labor Statistics “The Employment Situation: August 2008” also taken from Table A-1, the report name was a bit different back then but it is the same report.
Table Two, Thousands
A comparison from 10 years ago when the Unemployment rate was also 4.7%
Class Aug 2006 May 2016 Change Change %
Civilian population 229,167 253,174 +24,007 +10.48%
Labor Force 151,698 158,466 +6,768 +4.46%
Employed 144,159 151,030 +6,871 +4.77%
4.7% Unemployed 7,119 7,436 +317 +4.45%
Not in work force 77,469 94,708 +17,239 +22.25%
What we see is that the civilian populations increased by 10.48% while the labor force and employed and unemployed increased by only 4.56% (average of the three) resulting in the “Not in the labor force” jumping by a whopping 22.25% and therein lies the issue that we face now; too many people not working which places a heavy burden on those that are. Couple this with the shift in jobs from manufacturing to service which brings lower wages (separate analysis need to support) and you get the political situation that has given us Trump and Bernie.
Trump is right with Make America Great Again and the Democrat counterpart Bernie is just more free stuff which continues us down the present path at a faster rate. The other Democrat Hillary is only about more money and power for herself and her circle of friends, she is the only one not telling the truth about who she is. To be fair the RNC’s initial pick of Jeb Bush, eliminated by Trump, would not have been much different than Hillary, both want the same policies. The Republican voters picked Trump as he tells us that we can go back to the period where we were strong meaning we had good jobs and decent incomes. The next table will show us what the US would have looked like had Trump been elected in 2008.
Table Three will be constructed by taking the May 2016 and adjusting the values to be consistent with the 10.48% increase in the population shown in the first line of Table Two. We use the August 2006 value as it is also 4.7% unemployment but in addition the previous months are similar to that found previous to May 2016. That will show us where we should be verses where we are, in other words what Trump is telling us is that America should have been what is shown in Table Three and we are not there because of Obama Hillary and the progressive left.
Table Three, Thousands
A comparison from 10 years ago when the Unemployment rate was also 4.7%
Class May 2006a May 2016b Change Change %
Civilian population 253,174 253,174 0 0.00%
Labor Force 158,466 175,073 +16,607 10.48%
Employed 151,030 166,858 +15,828 10.48%
4.7% Unemployed 7,436 8,215 +779 10.48%
Not in work force 94,708 104,633 +9,925 10.48%
Right now there should be 166,858,000 people employed and drawing a paycheck, instead we only have 151,030,000 working; therefore we are short 8,957,000 jobs. And that is why the Trump movement is there, he didn’t create the movement the movement created him. Further if we had 8,957,000 more people working the GDP of the country would be $19.3 T instead of $17.4 T assuming the same job mix as existed in 2006. This number is easily calculated by dividing the $17.4 T GDP by the 151 M workers which gives us $115,232 of GDP per worker; and then we multiple that by the 166,858,000 workers that we should have and we get a GDP of $19.3 T.
So we are missing 8,957,000 jobs and almost $2.0 T of GDP so just think what a difference that would have made if we had actually elected a good president. McCain might have been a bit better than Obama but not by much so there really was no good choice in 2008.
China Corporate Defaults – Good, Bad, or just Ugly?
Armstrong Economics Blog
Re-Posted Jun 10, 2016 by Martin Armstrong
A fertilizer producer in north China default on bond payments has demonstrates a positive aspect that the state governments are not so eager to bail-out failed companies. This will be a positive step forward in transforming China into a major capital market. For now, it is still not ready for prime time.
Of course many are touting this as a reason to buy gold. It seems they will distort anything to justify a buy. Gold will rise on a sustainable basis when the GENERAL PUBLIC see that government is in trouble, not companies per se. That is starting to materialize in Europe and the election is starting to expose the corruption in the United States as “super delegates” hand Hillary the nomination nullifying the vote of the people. Bernie wants to keep going and on this issue he is correct. You cannot pretend this is a democracy and then do everything in your power to make sure the people really choose nothing.
That is the key to the future. When everyone wakes up and simply say – OMG. This is a joke! The 2016 election may lead to a real political revolution by 2018 overturning Congress entirely.
Father of San Jose Victim Speaks To Media…
The “media” is bought and paid for by the Uni-Party (UNC) which is made up of the Washington Democrats (DNC) and Republicans (RNC) and financed by Wall Street. There only goal is to keep the money flowing to themselves and that is why the have to destroy Trump by any and all means. Sam Jose was just the beginning of what will be seen between now and November.
San Jose Police Chief Says: Community Criticizing Him For Doing “Too much to protect Trump supporters”…
California is now a state in transition and will soon be joining the rest of the well run Hispanics states across the world.
Centinel2012 