China & The Rule of Law


QUESTION: Mr. Armstrong; I read your analysis of Country Risk. It was truly fascinating. You are correct. We do not consider investing in Syria or Iran no less North Korea because they are not safe places to do business. That is clearly the first decision which shuts down any further consideration.

So I must ask. What is your next advice to China? And will you be coming to Shanghai for a conference anytime soon?

Thank you

ANSWER: My advice to China is now to formalizing the Rule of Law, establish courts with true independent judges nominated only by the private sector, and their terms should be a maximum of 2 years and out – barred from ever holding any government job again. I am aware that Federal judges from New York went to China to explain how to establish the court system modeled on the USA. Do NOT listen to such advice. American judges cannot be trusted.

Absolutely no legal right should be subject to the oscillating wishes of a judge. Sir William Blacksone wrote in 1776: “That the king can do no wrong is a necessary and fundamental principle of the English constitution.” That is fundamentally at odds with what he also wrote: “It is better that ten guilty escape than one innocent suffer.”

We must be mindful that perhaps the most honest ruler to have have held power with respect to the Rule of Law was Julian II (360-363AD) known as the Apostate, because he rejected Christianity after he family, related to Constantine I the Great, were murder the night he died by his son to prevent any rival to the throne. When Julian II came to power, he was the most brilliant ruler ever. In the criminal trial of Numerius, governor of Gallia Narbonensis, who was accused of embezzlement, Numerius had successfully defended himself against the prosecutor Delphidius. The prosecutor did not like to lose and said anyone could be found guilty if they only denied the charges. Julian’s response, quoted in Book XVIII of Ammianus’s History, “Can anyone be proved innocent, if it be enough to have accused him?”

Julian said that not even the emperor was above the law. This should be fundamental to the Survivability of any society. We must understand that those in the judiciary call themselves “honorable” without ever having to demonstrate that they possess such as distinction.  For I think prosecutors and judges, act in their own little bubbles to the detriment of society, yet give very great pleasure to themselves in wielding power and always being correct.

Established the best UNBIASED Rule of Law and capital will pour into China fleeing the corruption of the West.

There is Now Enough Evidence to Indict Comey or Snowden Should be Pardoned


Comey is as guilty as Hillary for treating government work product including top secret information as personal. Comey, just like Hillary, claimed the memos were all “personal” that he made talking to Trump because he did not trust him (contrary to his trust for Clintons). There is no such “personal” qualification and he leaked those memos to the New York Times which he admitted openly in Congress. But those memos contained classified information and that was a CRIME for him to leak them no less pretend their were he “personal” property. Every FBI agents signed a confidentiality agreement as do traders working for a bank. The agreement signed by Comey states plainly: “all information acquired by me in connection with my official duties with the FBI and all official material to which I have access remain the property of the United States of America.” This means (1) he stole government documents obstructing any investigation of him, and (2) he then leaked classified information to the New York Times. Let6’s see; they say Snowden should be indicted for the same thing. Curious!

This is why Comey never recorded Hillary’s “interview” before the FBI to ensure she could never be charged as Martha Stuart was for “lying to the FBI” in such an interview and sent to prison. Comey wrote private memos when talking to Trump, but not Hillary, and then leaked classified information to the New York Times releasing his memos. Legally, he should be prosecuted as they prosecuted Lewis “Scooter” Libby who was Dick Cheney’s chief of staff for leaking information.

In United States v. Libby, he was put on trial for interfering with special prosecutor Patrick Fitzgerald’s criminal investigation of the Plame affair by lying in an interview with the FBI when he was indicted by a federal grand jury on five felony counts of making false statements to federal investigators, something Comey protected Hillary from by not recording the “interview” which is standard operational procedure. Libby served as Assistant to the President under George W. Bush and Chief of Staff to Dick Cheney from 2001 to 2005. Bush denied giving him even a pardon.

Then Comey granted immunity to Hillary Clinton lawyer Cheryl Mills to protect her against prosecution. In fact, Comey strikingly gave wholesale immunity deals to virtually every person who had intimate knowledge of Hillary Clinton’s illegal private server and emails. This protected Hillary for nobody would testify against her under threat of imprisonment. Comey abused his discretion and made sure that Hillary could not be prosecuted.

There is now more than enough information to hand to a Grand Jury for Comey to be indicted. And he should be indicted to colluding with Hillary not to record her “interview” and then giving immunity to everyone around her. If Congress FAILS to prosecute Comey, then Trump should pardon Snowden!!!!!!!! What happened to “Equal Protection of Law” and where is “justice for all” we indoctrinate children to pledge in school?

The Destruction of Hamburg is Massive


The destruction of Hamburg has been massive. There is much going on behind the scenes politically with the focus now on intensely monitoring and censorship to be imposed. The degree of violence many view as unprecedented since the raid on Jewish businesses during the Nazi era. Inquiries are now looking into the organizers behind the scenes and where this originated from.

If funding came from any group inspired to create political unrest, we will see some head perhaps roll, but if that head is Soros, it will be swept under the rug with a bunch of money. Someone had to pay for the banners “G20 Welcome to Hell” which clearly illustrates this was premeditated and not spontaneous.

Catalonia to Move to Referendum October 1st to Break From Spain


The Spanish region of Catalonia is preparing to hold a second referendum on separating from of Spain on October 1st, despite warnings from Madrid. Naturally, the EU is against any such separation. However, the regional tensions are historic and Catalonia is the rich and prosperous region of Spain with Barcelona being perhaps the most beautiful city in Europe. The separatist movement are generally small but rising on a global scale primarily because of governments going broke everywhere.

 

Spain was actually formed by the marriage of the Catholic Monarchs of Queen Isabella I of Castile (Spain) and King Ferdinand II of Aragon in general. Both regions were historically two separate nations. That distinction has lived on and it is economics that is driving the separatist movement as we see in Canada with Quebec and in the United States with movements building in Texas and California, albeit small minorities so far. Catalonia was not part of Aragon but to some degree much more isolated from Madrid as you can see on this map.

The government in Catalonia will immediately declare independence from Spain if the majority of the citizens vote for that result in a second referendum planned for October. However, if the majority of citizens voted against independence, new elections would have to be held in the region. Madrid opposes any separation for it would devastate their budget since they extract more revenue from Catalonia which is being forced to support the rest of the country, including the corruption and pension in Madrid.

The point is not whether or not the referendum votes to separate, The point is that such a separatist movement has risen to this level at all.

France Agrees to Pay All Costs for Turkey to Sign Paris Climate Accord


Turkish President Recep Tayyip Erdogan said he would not ratify the Paris Climate Accord unless Europe paid all costs to Turkey. France agreed to pay Turkey compensation for the cost of implementation when signing the agreement. If Erdogan does not receive any financial funds, he said that his Parliament will not ratify the treaty.  Erdogan is demanding money from Europe for anything these days including to stop allowing refugees to travel to Greece.

G20 Hamburg Protest was Closer to the Start of Civil War


 

There is a rumor going around that the extreme violent protests in Hamburg, which resembled a Civil War, were funded allegedly  by Soros. It is just a rumor with no proof as of yet. It may in fact be true that his organization funded in part these protests but did not direct them to be violent.

On Saturday, more than 70,000 came out to protest to demonstrate that they could be peaceful after the carnage of two days before. Clearly, there is rising discontent targeting capitalism and supporting a totalitarian state. This in itself is very distressful.

Treasury Secretary Mnuchin and Secretary of State Rex Tillerson Provide G20 Debrief of Putin Meeting…


U.S. Treasury Secretary Steven Mnuchin and U.S. Secretary of State Rex Tillerson hold an off camera press conference to debrief media on the sideline discussions within the G20 meetings.   T-Rex outlines the content of the Trump/Putin meeting at length.

President Trump and Russian President Vladimir Putin met for 2 hours and 15 minutes extending their conversation by four times the length anticipated.  Both leaders covered a lot of geopolitical ground. The length of the meeting has U.S. media in meltdown mode.

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*Note* Until today virtually no-one was emphasizing the important role of Secretary Mnuchin amid all of the international issues. Again, we remind everyone, against international finance issues -including economics- Mnuchin plays the largest national security role in the cabinet. Tillerson, Mnuchin, Ross, Mattis, Kelly et al are all in sync with the larger President Trump approach toward ‘America-First’ policy and security.

Weasel Boy Being Weasel Boy – Embarrassingly Juvenile Behavior By Emanuel Macron on World Stage….


French President Emmanuel Macron left his position during the G20 group picture in an effort to place himself next to US President Donald Trump and make himself more important on the international stage.

German Chancellor Angela Merkel watches as Emmanuel Macron abandons his position in the rear right and weasels his way down to the front row so that he can be pictured next to U.S. President Donald Trump.  Leaving a hole in the picture where he should have been standing.   Too funny…. weasel boy.

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It did not go unnoticed by U.S. Media:

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Our Office was Broken Into on July 3rd


 

Just for the record, our office was broken into over the holiday. Sorry, they did not get anything. By no means do we keep Socrates in a public location and it remains quite secure outside the USA. We also do not keep client records or files of any such kind

G20 Leftist Protesters Turning Violent


The left is engaging in violent protests at the G20 Summit in Hamburg, Germany. Both the police and G20 opponents were mutually responsible for the escalation of violence, as politicians are demanding harsh punishments for the violent protests with many arguing for prison time.

The protesters blocked the routes of the delegations in several places. Other places attacked the police and they erected barricades. The protesters have been smashing windows in the city as well. A police helicopter was attacked with laser pointer nearly blinding the pilot. The heavy riots had begun on Thursday evening and so far some nearly 160 police officers have been injured. This morning, some 60 mobs in the Altona district attacked police officers with bombs and stones. The protesters are throwing Molotov cocktails setting cars on fire.

The G20 opponents made a statement: “We have reached our goal and set a clear signal against the madness of the G20.” Most are wearing masks to hide their faces. We should expect to see increasing civil unrest especially in Europe going forward.