Conservative Bill Whittle produces some of the best political commentary in his “Afterburner” video series and this latest one is no exception. In this one he explains how liberal policies help create the circumstances that lead to more terror attacks from Islamic extremists on the West. This kind of analysis is very important because so many people see these attacks and wonder why they’re happening and they have absolutely no understanding of the history that lead to them because the media doesn’t show the true causes. Instead they tell us that global warming is causing the extremism…
Tag Archives: Obama Domestic policy
Taxing money is one of the last desperate steps taken before an economic system collapses.
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Taxing Money: The Call to Arms by the IMF
COMMENT: Dear Martin –
I have been a follower for some time now and had great pleasure in hearing you speak at the Princeton WEC. Thank you for so readily sharing your knowledge with those that are willing to listen and learn.
I recall you mentioning that governments will often have a desired policy “floated” through another source, so as to provide the appearance that they are adopting an independently conceived course of action. I noticed that just yesterday the IMF published Staff Discussion Note SDN/15/22 ( http://www.imf.org/external/pubs/cat/longres.aspx?sk=43162 ). To my reading, this paper advocates further QE by the ECB. Maybe the most notably questionable comment to be found in the paper is that “governments do tend to take corrective measures in response to an increase in government debt”, as indicated under point 14. I thought you might find this article interesting and foretelling. If nothing else, it seems to be further confirmation of the predictions provided by Socrates.
Best, WN
REPLY: Europe has become one giant experiment for taxing money, which is popularly called negative interest rates. They meant precisely this when they stated “governments do tend to take corrective measures in response to an increase in government debt.” It is NOT a trend toward hyperinflation, as in revolutionary or defunct governments where they just disavow the prior debt of the previous government. This is the deflationary course which shrinks the economy rather than dealing with the debt. The IMF is advocating taxing money itself, and this will only lead to hoarding and trying to get off the grid.
None of the old rules apply now!
Welcome to the New Age Economy – Even Buffet Cannot Make the Transition
QUESTION: Mr. Armstrong, I diversified my money into a number of hedge funds and I lost on each and every one from gold, commodities, stocks that did not even match the S&P 500 to those who piled into oil. It seems 2015 has been a total wipe out for professionals. It would be great if you restarted your hedge fund. You won hedge fund manager of the year when everyone blew up on Lon-Term Capital Management. What will it take to get you back in the game?
PD
ANSWER: I understand. Sorry, I really do not want to get “back in the game.” It is a personal issue of time and quality of life rather than money. I could not spend it anyway. When you make billions, it becomes monopoly money for punts. It is way too much to alter your life. Go too far and the money owns you.
We are entertaining proposals to set up funds using our models. It is hard because you have to have the discipline to do whatever it says and sometimes its most fantastic calls even made me say, “OMG!” So if it made me question whether it would be right, I knew it would be because the majority must be wrong.
I understand this has been the worst year for professionals since the 2007-2009 crash. Even Warren Buffet’s Berkshire has been unable to match the returns on the S&P 500. Buffet’s traditional investment strategy is not cutting it for this New Age of Economics. Buffet has had a very bad year so far. The flavor of the year was to pour into debt, which has come back to haunt many hedge funds. Overall, this has been the worst year since 2007 for hedge funds. They had their head handed to them on oil stocks to say the least. This has led many to question if hedge funds have simply lost their way. Those funds that piled into commodities and gold have lost billions. One fund lost $830 million on a single Swiss Franc trade.
This is a new era and if you do not comprehend what is going on — even if you are a professional — you will lose everything based upon what is coming. This is not going to be easy for anyone. What lies behind the curtain is far more complex than anyone realizes right now. The next couple of years will see some professionals completely blown out of the water. Traditional models will simply fail.
The EU will be gone before the end of next year.
France Exempting Itself from all EU Rules
Do politicians ever really care about society? President Hollande wants to change the French Constitution, but he also wants to extend the state of emergency indefinitely. Why? Is this really about terrorism? Sure, more than 80% of the French are willing to give up civil liberties for security, just as Americans responded after 9/11. That is the problem, for once power is given to government it is never returned. That is just a fact of life.
However, it now turns out that France cannot meet the EU criteria, as was the case for Greece. Therefore, the politicians in power want to extend the state of emergency because that exempts them from all EU economic criteria. Nothing but nothing can ever be just straight up. Increase your security, of course. That’s understandable. But to extend a state of emergency for political purposes seems to be a secret political bonus. The euro is doomed anyhow. This just illustrates that the second largest member is also in the same position as Greece. They are using the siege of Paris as their get out of responsibility card in this game of Monopoly.ill not exist in 12 months
UN Agenda 21 Moving Toward A One World Government, A One World Economy And A One World Religion
The global elite have never been closer to their goal of a united world. Thanks to a series of interlocking treaties and international agreements, the governance of this planet is increasingly becoming globalized and centralized, but most people don’t seem alarmed by this at all. In the past 30 days, we have seen some of the biggest steps toward a one world government, a one world economy and a one world religion that we have ever witnessed, but these events have sparked very little public discussion or debate. So please share this article with as many people as you can. We need to wake people up about this before it is too late.
From September 25th to September 27th, the United Nations launched a “new universal agenda” for humanity. Those are not my words, they actually come directly out of the core document for this new agenda. The Pope traveled to New York City to give the address that kicked off this conference, thus giving his considerable endorsement to this new plan. Virtually every nation on the entire planet willingly signed up for the 17 goals that are included in this plan, but this stunning turn of events made very few international headlines.
The United Nations is promising that if we all work together that we can turn our planet into some kind of “utopia,” but the truth is that all of this talk about “unity” masks a very insidious agenda. The following comes from a recent piece by Paul McGuire, the author of a groundbreaking new book entitled “The Babylon Code”…
The UN is not asking permission, but issuing a command that the entire planet will commit to 17 sustainable development goals and 169 sustainable development targets designed to radically transform our world by 2030. The UN 2030 plan promoted by the Pope will advance Agenda 21 on steroids. Through a controlled media the mass populations will be told that this is all about saving the environment and “ending poverty.” But that is not the true agenda of Agenda 21. The true agenda of Agenda 21 is to establish a global government, global economic system, and global religion. When UN Secretary General Ban Ki-Moon spoke of “a dream of a world of peace and dignity for all” this is no different than when the Communists promised the people a “workers paradise.”
For the general population, “the 2030 Agenda” has been rebranded as “the global goals.” On September 26th, some of the biggest names in the music world (including Beyonce) promoted these new “global goals” at the “Global Citizen Festival” that was held in Central Park. And you can watch a YouTube video where some of the most famous names on the entire planet urge all of us to get behind these new “global goals” right here.
None of this is by accident. We are being trained to think of ourselves as “global citizens” that belong to a “global community.” Decades ago, most Americans would have been up in arms over something like this. But now most people just seem to accept these changes passively. Very powerful secret societies and international organizations have been moving us in this direction for a very long time, and most Americans simply have no idea what is happening. Here is more from Paul McGuire…
The United Nations is a de facto global government and does not rule by the “consent of the governed.” The United Nations is a global government to which American politicians of both parties have surrendered our Constitutional rights. If you look at the Republican Presidential debates you see the vast majority of those running are “bought men and women.” They are there to do the bidding of their true masters, the international banking families and their interlocking secret societies. If a candidate has a different set of beliefs than the “Orwellian group think” which constitutes domestic and foreign policy, he is allowed to go only so far.
Who are these powerful elite groups and the secret societies that run them? As we extensively document in our new book, The Babylon Code, co-authored by this author and Troy Anderson, a Pulitzer Prize-nominated investigative journalist, there exists a very real network of semi-secretive and secret groups. Groups like The Council on Foreign Relations, The Trilateral Commission, Royal Institute of International Affairs, United Nations, Club of Rome, The Bilderberg Group, and others control presidents, prime ministers, media networks, politicians, CEO’s, and entire nations. You will almost never hear any substantive analysis by the media, which is controlled by these groups nor of attempts at holding them accountable by governments around the world.
Another way that our planet is being “united” is through the use of international trade agreements.
The ultimate goal is for the entire world to become a “single market” with uniform laws, rules and regulations. But as we merge our economy with the rest of the globe, the United States has been losing tens of thousands of businesses and millions of jobs as the monolithic corporations that now dominate our economy shift production to areas where labor is much cheaper. This is absolutely destroying the middle class, but very few people seem to care.
Negotiations for one of the biggest international trade treaties that the world has ever seen recently concluded. The Trans-Pacific Partnership, also known as “Obamatrade,” would represent a giant step toward a truly unified global economy. The following is an excerpt from one of my previous articles…
We have just witnessed one of the most significant steps toward a one world economic system that we have ever seen. Negotiations for the Trans-Pacific Partnership have been completed, and if approved it will create the largest trading bloc on the planet. But this is not just a trade agreement. In this treaty, Barack Obama has thrown in all sorts of things that he never would have been able to get through Congress otherwise. And once this treaty is approved, it will be exceedingly difficult to ever make changes to it. So essentially what is happening is that the Obama agenda is being permanently locked in for 40 percent of the global economy.
The United States, Canada, Japan, Mexico, Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam all intend to sign on to this insidious plan. Collectively, these nations have a total population of about 800 million people and a combined GDP of approximately 28 trillion dollars.
And do you want to know who pushed really hard to give Obama fast track negotiating authority so that these negotiations could be brought to a successful conclusion?
It was the traitorous Republican leadership in Congress. They did everything that they could to pave the way for Obamatrade.
We are also seeing some stunning moves in the direction of a one world religion.
In recent years, you may have noticed that it has become very trendy to say that all religions are just different paths to the same God. In fact, many prominent religious leaders are now openly proclaiming that the two biggest faiths on the entire planet, Christianity and Islam, worship the exact same deity.
For example, just consider what the Pope is saying publicly on this matter. The following is an extended excerpt from one of my recent articles on End of the American Dream…
*****
What Pope Francis had to say at St. Patrick’s Cathedral in Manhattan has received very little coverage by the mainstream media, but it was exceedingly significant. The following is how he began his address…
I would like to express two sentiments for my Muslim brothers and sisters: Firstly, my greetings as they celebrate the feast of sacrifice. I would have wished my greeting to be warmer. My sentiments of closeness, my sentiments of closeness in the face of tragedy. The tragedy that they suffered in Mecca.
In this moment, I give assurances of my prayers. I unite myself with you all. A prayer to almighty god, all merciful.
He did not choose those words by accident. In Islam, Allah is known as “the all-merciful one.” If you doubt this, just do a Google search.
And this is not the first time Pope Francis has used such language. For instance, the following comes from remarks that he made during his very first ecumenical meeting as Pope…
I then greet and cordially thank you all, dear friends belonging to other religious traditions; first of all the Muslims, who worship the one God, living and merciful, and call upon Him in prayer, and all of you. I really appreciate your presence: in it I see a tangible sign of the will to grow in mutual esteem and cooperation for the common good of humanity.
The Catholic Church is aware of the importance of promoting friendship and respect between men and women of different religious traditions – I wish to repeat this: promoting friendship and respect between men and women of different religious traditions – it also attests the valuable work that the Pontifical Council for interreligious dialogue performs.
Pope Francis clearly believes that Christians and Muslims worship the exact same God. And so that helps to explain why he authorized “Islamic prayers and readings from the Quran” at the Vatican for the first time ever back in 2014.
*****
What is happening is undeniable.
We are steamrolling toward a one world government, a one world economy and a one world religion.
Of course we will not get there overnight. It is going to take some time, and there are going to be quite a few bumps along the way. In fact, I believe that our planet will experience an extreme amount of chaos before we actually get there.
But every major crisis will be used as an excuse to advance this agenda. Virtually every solution that the elite offer us will involve more globalization and more centralization. We will be told that all of our problems will be solved if humanity will just come together in unity.
For some, the goal of a “united planet” where we are all working together to eradicate things like poverty, war and disease makes all the sense in the world.
For others, a one world government, a one world economy and a one world religion would simply mean setting the stage for “one world tyranny.”
What should be done with the FED
Reforming the Federal Reserve
QUESTION: In your Nov. 15 blog you said about the Fed “ I do not think in its present form it should be owned by banks collecting 6%. I would advocate a public float as is the case in Switzerland. Can you explain what that means, and how that works. Thank you
I sincerely hope you continue your blog. I have been trying to get a handle on how the markets work. It really requires a lot of thought until one can feel comfortable.
There is a ring of truth to what you say.
Thank you.
ANSWER: The Fed is far more independent than many portray. Its decisions to raise or lower interest rates are not at the direction of bankers, but its understanding that it must steer a realistic path. Yellen has inherited a nightmare. Raised were lowered and the Fed became trapped, They stopped buying 30 year bonds and moved to mortgage securities. It cannot sell anything it now holds. Yellen realized that the pension funds will go belly up and keeps saying the rates must rise to be “normalized”.
The Fed is far too much influenced by politics. We cannot afford a central bank controlled by politicians. Likewise, bankers should not control the Fed if they no longer retain loans on their books and sell them becoming transactional bankers.
The only solution would be that the Fed is floated publicly so anyone can buy shares. The influence of politicians and bankers must come to an end. Banks should NOT be qualified for any bailout on their trading – PERIOD. If they do not retain loans, they are not entitle to use elastic money. Floating the Fed makes it a private corporation that must report its balance sheet like everyone else. Congress MUST be forbidden to order the Fed to do anything. That has been the problem all along. Stimulation should be returned to buying corporate paper, not hand banks cash and hope they lend it out. Enough is enough.
White House Doubles Down – “We’re still planning to take in Syrian refugees”….
Obama and Merkel have a plan to transform the EU and North American into a multicultural paradise controlled by the Oligarchs. Whether they are in sane or misguided doesn’t really matter as the result will be disastrous as there is no way the ethic Europeans, the Americans, the Latin Americans and the Muslims will ever get along in one political unit. There can only be one outcome which will be a combination of civil war and international war. I have no idea what will comes out of this and i can only pray it will be good not evil that triumphs.
Who Owns the FED
Fed v Congress v Bankers
QUESTION: Don’t you think it is wrong that the private banks own the institution that administers them.
ANSWER: You have to understand what was intended. It was originally a bailout entity for banks so they had to fund it. That made sense initially, Then with time and circumstances, the Fed has morphed into something that is now some quasi-political-governmental-agency that nobody would have created from the outset.
I do not think the Fed should be owned by the Treasury since then politicians will control it for political purposes. I can hear it now: “Vote for me and I will give free interest on credit cards!” I do not think in its present form it should be owned by banks collecting 6%. I would advocate a public float as is the case in Switzerland.
My point is the politicians keep changing the Fed and relieve themselves of ALL fiscal responsibility for economic booms and busts and blame the Fed, which is wrong, since they are the primary cause of aggravating the business cycle.
I do not advocate conspiracy theories against the Fed or criticism of exclusively the Fed ignoring the role of Congress. To solve the problem we MUST look at the whole. You need a central bank to clear. Bank failures were because of relationship banking where they borrow short-term and lend long-term. Elastic money made sense under the idea you did not have to liquidate loans to repay depositors in a panic. The elastic money would expand during a panic and then contract when over.
Now that banks are doing transactional banking and not holding long-term loans on their books, then they no longer need elastic money or bailouts and should collapse when they screw up. They should be held for CRIMINAL prosecution if they are trading with other people’s money. You cannot have it both ways. If the Fed is to stimulate, then they should buy corporate paper, not government, and then the money is directly injected into the economy whereas currently the banks still refuse to lend money long-term.
The Fed is caught between politicians and bankers. That is not a very nice place to be these days. We will have to REFORM this position after the crash, but eliminating the Fed will create chaos and it will not solve the problem as long as Congress has any power to create debt and the big banks moved to transactional banking abandoning relationship banking.
If you wandered what is coming here you should watch this video and see what Europe is dealing with.
Watch the video in the link at the bottom. Notice the thousands of refugees that line the streets as they begin to enter Europe. Note the large number of young [unaccompanied] male adults. Could we possibly believe that a percentage of these young men aren’t Islamic jihadist using this opportunity to gain undetected entry into Western civilization? Of course they are and once settled they’re only a plane ride from out homeland, and they won’t need a visa. This morning Ben Rhodes, a spokesman for the Whitehouse, confirmed President Obama has no intentions of changing his policy that will allow Muslim refugees, from Syria, to enter the United States.
This disturbing video is what our children, grandchildren and future generations have to look forward to. It has already begun in our country. Our federal government is completely controlled by corrupt political cowards who refuse to protect us. The subject of this video, coupled with uninformed and uncaring citizens, is leading our Republic to national suicide.
WARNING GRAPHIC CONTENTS
With Open Gates: The forced collective suicide of European nations – Extended Cinematic
Near term Market forecast is down
The Dow
The Dow is pulling back on schedule. We do not see a breakout to the upside. This should tread water for a bit waiting for everything to align. A closing today below 17785 will signal that this is not ready to breakout and a retest of support is likely. Key support lies down at 16500.
Centinel2012 