Armstrong Economics Blog/Police
RE-Posted Dec 8, 2018 by Martin Armstrong
One of the clear cultural differences between Europe and the United States is that they even have the “hottest” female police officer – Adrienne Koleszar. That is something they just would not do in the United States. We hold Senate hearings because Janet Jackson’s breast popped out on TV at the Super Bowl. It is interesting that from the outside looking in, America is viewed as being prudish, to put it mildly. Yet Adrienne’s boss told her she had to choose between being a cop or a model.
I appeared in Dresden but the police who were there to keep the crowds in line certainly did not look like her. The people were very warm and they even handed me a bouquet of flowers at the end of my presentation. Never had that in any other city I have ever made a presentation.
Armstrong Economics Blog/Germany
Re-Posted Dec 7, 2018 by Martin Armstrong
Merkel said goodbye at the CDU meeting today. She intends to remain as Chancellor until 2021. However, the victor will be positioned to succeed Merkel as chancellor and influence whether she stays or bows out before her term ends in 2021. Although Merkel is widely known for her caution and changing positions with her internal poll team, she has been a shrewd disrupter of the German party system and has moved the CDU to the middle of the political spectrum. Her downfall has been her opening up Europe to all the pretend “refugees” that poured in from everywhere but Syria. The rushed into Europe for the welfare system with no requirement for skills or language. About 70% were just young males, not families with children as the press only photographed. That single decision has been the most destructive for the European project.
The frontrunners in this election today are Annegret Kramp-Karrenbauer, who is a Merkel protege and is seen as the continuity candidate who will change nothing, so the CDU would change the face but nothing else. Then there is Friedrich Merz, who has been a Merkel rival questioning the constitutional guarantee of asylum to all “politically persecuted” and believes Germany, Europe’s biggest economy, should contribute more to the European Union. These are very stake differences in policy but this is NOT a public election but politicians who decide. Party leadership is typically the springboard to the chancellorship so this is really a critical decision for the CDU
Armstrong Economics Blog/Rule of Law
Re-Posted Nov 23, 2018 by Martin Armstrong
A Greek cleaning lady was sentenced to 10 years in prison for lying about her elementary school record in a court ruling. Her sentence has outraged the people and rightly so. The 53-year-old woman had worked at a publicly-funded nursery for 15 years until a review in 2014 revealed she had doctored a certificate documenting her primary education. The judge held that the sentence was based upon defrauding the public. What about the politicians who conspired with Goldman Sachs to hide losses that have really defrauded the Greek people?
Armstrong Economics Blog/BRITAIN
Re-Posted Nov 18, 2018 by Martin Armstrong
Dominic Raab, who was the negotiator in BEXIT told the chief whip straight after cabinet yesterday that he would quit. He said the prime minister could still change course and should be ready to walk away with no deal. Naturally, Prime Minister May defends the deal and this is indicative of someone who never supported BREXIT, to begin with.
Meanwhile, Chancellor Merkel said talks to amend the draft agreement were unlikely as a deal was “on the table” and Britain should just walk away and let Europe see the stupidity of their actions. Britain is the biggest market for German cars in Europe. A no deal will devastate the German economy at a critical time when it needs that trade the most.
This is what I call representing the red-blooded patriotic American. Plain-speak, direct truth; what every middle-American would say to in the same or similar circumstance. And ironically, this is also (almost verbatim) one of the reasons Donald Trump earned my support in 2015:
The blood of Americans, provided the current freedom of France. Period.
Our inherent American DNA strain is liberty and freedom. Within that core we achieve, drive, and transfer our united national essence into everything we do. Even the wealth and economics of our nation are dependent on this cornerstone; it drives our entrepreneurial existence. We know how to do things, create things, and think completely outside the box on new and innovative ideas for things.
Yes, we are exceptional like that.
- Florida Power and Light won the prestigious International Edward Demming award for excellence in multi-platform engineering and efficiency superiority. They didn’t blow every global PhD business intellectual out of the water with slide rules, CAD programs and engineering acumen. They did it with hard hats and dirty fingernails.
Because they lost the award, the Japanese spent 6 months studying FP&L and later published a 1,000 page dissertation essentially saying FP&L “wasn’t really good, they were just lucky”….. FPL field leadership laughed, took out markers and wrote on the back of their hard hats: “WE’RE NOT GOOD, WE’RE RUCKY”….
- When every single Kuwaiti oil field was blown up by Saddam Hussein, they said it would take 5 years to cap them all off and restart their oil pumping industry. The Kuwaiti’s and Saudi’s called Texans, who had them all capped and back in working order in 6 to 10 months.
We are a nation that knows how to get shit done.
- When the Northern Chile mine workers were trapped two miles underground, they said no-one could save them. Who did they call for help? A bunch of hick miners from USA coal country who went down there, worked on the fly, engineered the rescue equipment on site, and saved everyone of them….
That’s our America.
- When a half-breed Islamic whack job, armed with an AK-47 and a goal to meet his virgins, began opening fire on a train in France – the Americans on board didn’t run to the nearest safe room and hide themselves amid baguettes and brie. They said “let’s go”, and beat the stuffing out of that little Islamic nut with a death wish.
Legion d’Honneur or not, that’s us. That’s just how we roll.
Lady Liberty can stroll along the Champs-Elysées with a swagger befitting Mae West because without her arrival they’d be speaking German in the Louvre. Yet for the better part of the past decade a group of intellectual something-or-others have been teaching an insufferable story-line that it’s better to be sitting around a campfire eating sustainable algae cakes and picking parasites off each other.
When I hear Donald Trump say “Let’s Make America Great Again”, I also hear the familiar echo “cowboy up” people.
It’s high time we stop being embarrassed about our exceptional nature, and start being proud of it again. Because when it matters most, when it really counts, when it’s really needed, there’s a whole bunch of people all around this world of ours that are mighty happy when swagger walks in to solve their problems.
Yeah, “let’s make America great again”.
Swagger on !
Armstrong Economics Blog/Civil Unrest
Re-Posted Nov 14, 2018 by Martin Armstrong
Part of the War Cycle we have been warning about since it turned upward in 2014, is not merely international tensions between nation-states. This particular uptick is the convergence of two cycle – (1) the international tension, and (2) the civil unrest. I previous warned that because the civil unrest would turn up, this should be the most dominant trend. This is always why Trump won the election in 2016. People are really turning against immigration because the economy has been turning down.
We published detailed reports on this cycle with all the backup so it is not resting on just my personal opinion. Doing such research always means we CANNOT begin with an assumption and just allow the evidence to form the conclusion. Anything else is not really worth much. Some people will just simply say they do not believe in cycles. That is fine. We always need someone to trade against. Plus, the cycle is driven by people who say things precisely that. This is why it is also hopeless to try to prevent such events – our curse is really to just what the cycle and others that make it function and history to repeat.
|Czech Republic 11%|
Above is a list of Nationalist Parties and the percentage of the vote they have in Europe (see BBC). This is the trend and we should expect it to now pick up speed after 2018 going into particular 2020. Even in the United States, there is a rise of nationalism that the left keep calling “racist” but it is a natural trend when people fear they will be losing jobs and benefits to those migrating in. I have shown before that during the Depression of the 1840s, there were gun battles on the street of Philadelphia concerning the Irish Immigrants taking jobs. They could not call that racism, but it was part of the old English Civil War that never really healed – the Protestant v Catholics. They were burning down Catholic churches in Philadelphia as they have started to do with Mosques in Europe.
History repeat! It is really nothing new
Some have called him the Brazilian Trump, a populist candidate for the presidency. His mantra: “Brazil Above Everything, God Above Everyone”. The professional political elites who rule within international circles have been throwing every attack possible at candidate Jair Bolsonaro.
Two-months-ago his left-wing political opposition stabbed him in the liver in an attempted assassination. Bolsonaro believes in open market free-trade; Brazil-first nationalism, and protecting the integrity of the Brazillian national identity.
Today he wins the presidency. The global progressive movement is going bananas…
(Via Associated Press) 7:50pm – Brazil’s Supreme Electoral Tribunal has declared far-right congressman Jair Bolsonaro the next president of Latin America’s biggest country.
With 96 percent of ballots counted, Bolsonaro has 55.5 percent of the votes. Leftist Fernando Haddad of the Workers’ Party has 44.5 percent.
Voters in Sunday’s runoff election apparently looked past warnings that the brash former army captain would erode democracy and embraced a chance for radical change after years of turmoil.
Bolsonaro went into the election the clear front-runner after getting 46 percent of the votes to Haddad’s 29 percent in the first round of the election Oct. 7.
After opinion polls in recent weeks had Bolsonaro leading by as much as 18 percentage points, the race had tightened in recent days. But Haddad was unable to make up the difference. (read more)
The video embedded within the tweet below shows the assassination attack when Bolsonaro was stabbed in the liver. Horrific.
Bolsonaro’s win today is another rebuke to the globalist system of elite central planning authority controlled by multinationals.
Armstrong Economics Blog/Uncategorized
Re-Posted Oct 28, 2018 by Martin Armstrong
Merkel remains the face of Europe outside of the continent and the risk of Merkel losing the Chancellorship will be a serious crack in the confidence of the Euro. The Hesse election is now taking place and what is at risk here is Chancellor Angela Merkel and her grand coalition. The voters will decide Sunday whether Merkel’s supporters will survive politically. What is at stake is the future of the CDU itself and possibly also her SPD colleague. With the rise of the Alternative for Germany (AfD) and the socialistic ideas of the SPD, the SPD is coming to the conclusion that they see no future in maintaining the coalition with Merkel’s CDU. Following the Bavarian election two weeks ago, the rise of the AfD has placed Markel at risk. The Bavarian election turned out to be truly a referendum on the CSU’s anti-Merkel position in Germany. Under pressure from the nativist AfD, the CSU chose to imitate the far-right party’s anti-immigrant and anti-European rhetoric to win with whatever lies it would take. The coalition is breaking apart and a loss in Hesse may see political change in Germany before the end of November.
There is a rising view that Merkel has to go because of her immigrate/refugee policy that has undermined not just Germany, but the entire EU as a whole. A loss for the CDU in Hesse will most likely put pressure on Merkel to step down. In the CDU talk is that the Secretary-General Annegret Kramp-Karrenbauer has the best chances for succession. Ironically, Kramp-Karrenbauer does not want to be endorsed by Merkel as the talk behind the curtain goes. The fear is that Merkel has perhaps less the 20% support among Germans in general and that can be toxic for anyone she would endorse as her heir. Some are claiming that Merkel can still prevail. Other say she would have to be dragged out by her hair before she would relinquish he political position. Meanwhile, the Euro hangs in the balance