Tag Archives: open borders

Apr 4 2020

Subject: A Letter from Italy – Very Important to read!


By Giacomino Nicolazzo

March 24, 2020

Montecalvo, Lombardy, Italy. As I sit here in my involuntary isolation, it was just reported that overnight 743 more people died and 5.249 new cases have been reported. This brings the total cases of infection to 69,176 and the body count to 6,820. We take relief in knowing that 8,326 people have recovered so far. (Numbers as of 3/24, 8:30pm in Italy.)

Most towns here in Italy, from the upper reaches of the Alps to the ancient shores of Sicilia and Sardenia, while not deserted, are closer to being ghost towns than the bustling centers of tourism, business and daily life they were just a few weeks ago.

Stores and shops have been shuttered. Restaurants and coffee shops no longer serve customers. Schools, universities, sporting arenas.. even our museums and theaters.. all closed. Even the Vatican City has closed its gates and armed patrols monitor the 20 foot tall walls that protect it!

Streets and roads are now empty for as far as the eye can see. Normally they would be filled with crazed Italian drivers in tiny cars and scooters (the ones that sound like demonic insects) darting here and there, reaching the limits of centrifugal force on our roundabouts. In the piazze of our towns and cities, there are now officially more pigeons than people.

Many of us know someone who has been infected and recovered. Some of us know someone who did not recover.. now they are dead. But everyone knows someone who has been affected by this microscopic monster in one way or another.

Sixty million of us are in lockdown.. it is like a war zone here. We are being held prisoner in our own homes by an unseen enemy that sneaked in unnoticed.. by most of us. As you will read in just a few more minutes, there were those who knew something like this was coming.. or at least they should have.

So who is to blame? With all this craziness swirling like a whirlpool at our feet, I just had to find the blame answer. And so I have spent my free time (of which I have a lot in these days) digging and researching. I was literally shocked to discover how this has come to be.

I am not going to bore you with talk of Patient ‘0’ who spread it to Patient ‘1’ and how mathematics efficiently explains the rapid expansion of infection. No.. I am going to tell you how (as I see it) the virus came to Italy.

It has everything to do with communists. Allow me to explain.

Beginning in about 2014, Matteo Renzi, the imbecile ex-mayor of Firenze (Florence) acting as the leader of the Partito Democratico (synonymous with the Italian Communist party), somehow managed to get himself elected as Italy’s Prime Minister. To give you a proper frame of reference, Matteo Renzi was so far left, he would make Barack Obama look like Barry Goldwater!

At the same time that Renzi was leading Italy into oblivion, strange things were happening in Italy’s economy. Banks were failing.. but not closing. Retirement ages were being extended.. for some reason the pension funds were dwindling or disappearing. The national sales tax we call IVA (Value Added Tax) rose from 18% to 20%, then to 21% and again to 22%.

And in the midst of all this financial chicanery, the Chinese began furiously buying up Italian real estate and businesses in the North.

Now the reason I mention Renzi and the Chinese together is that strange things were also going on between the governments of Italy and China. A blind eye was being turned to the way the Chinese were buying businesses in the financial, telecommunication, industrial and fashion sectors of Italy’s economy, all of which take place in Milano.

To be brief. China was getting away with purchases and acquisitions in violation of Italian law and EU Trade Agreements with the US and the UK.. and no one in either of those countries (not Obama in the US or Cameron in the UK) said a thing in their country’s defense. As a matter of fact, much of it was hidden from the public in all three countries.

In 2014, China infused the Italian economy with 5 billion through purchases of companies costing less than 100 million each. By the time Renzi left office (in disgrace) in 2016, Chinese acquisitions had exceeded 52 billion. When the dust settled, China owned more than 300 companies.. representing 27% of the major Italian corporations.

The Bank of China now owns five major banks in Italy.. all of which had been secretly (and illegally) propped up by Renzi using pilfered pension funds! Soon after, the China Milano Equity Exchange was opened and much of Italy’s wealth was being funneled back to the Chinese mainland.

Chinese state entities own Italy’s major telecommunication corporation (Telecom) as well as its major utilities (ENI and ENEL). Upon entry into the telecommunication market, Huawei established a facility in Segrate, a suburb of Milano. It launched is first research center there and worked on the study of microwaves which has resulted in the possibly-dangerous technology we call 5G.

China also now owns controlling interest in Fiat-Chrysler, Prysmian and Terna. You will be surprised to know that when you put a set of Pirelli tires on your car, the profits are going to China. Yep.. the Chinese colossus of ChemChina, a chemical industry titan, bought that company too!

Last but not least is Ferretti yachts.. the most prestigious yacht builder in Europe. Incredibly, it is no longer owned by the Ferretti family.

But the sector in which Chinese companies invested most was Italy’s profitable fashion industry. The Pinco Pallino, Miss Sixty, Sergio Tacchini, Roberta di Camerino and Mariella Burani brands have been acquired by 100%.

Designer Salvatore Ferragamo sold 16% and Caruso sold 35%. The most famous case is Krizia, purchased in 2014 by Shenzhen Marisfrolg Fashion Company, one of the leaders of high-priced, ready-to-wear fashions in Asia.

Throughout all of these purchases and acquisitions, Renzi’s government afforded the Chinese unrestricted and unfettered access to Italy and its financial markets, many coming through without customs inspections.

Quite literally, tens of thousands of Chinese came in through Milano (illegally) and went back out carrying money, technology and corporate secrets.

Thousands more were allowed to enter and disappeared into shadows of Milano and other manufacturing cities of Lombardy, only to surface in illegal sewing shops, producing knock-off designer clothes and slapping ‘Made In Italy’ labels on them. All with the tacit approval of the Renzi government.

It was not until there was a change in the governing party in Italy that the sweatshops and the illegal entry and departure of Chinese nationals was stopped. Matteo Salvini, representing the Lega Nord party, closed Italy’s ports to immigrants and systematically began disassembling the sweatshops and deporting those in Italy illegally.

But his rise to power was short-lived. Italy is a communist country.. socialism is in the national DNA. Ways were found to remove Salvini, after which the communist party, under the direction of Giuseppe Conte, reopened the ports. Immediately, thousands of unvetted, undocumented refugees from the Middle East and East Africa began pouring in again.

Access was again provided to the Chinese, under the old terms, and as a consequence thousands of Chinese, the majority from Wuhan, began arriving in Milano.

In December of last year, the first inklings of a coronavirus were noticed in Lombardy.. in the Chinese neighborhoods. There is no doubt amongst senior medical officials that the virus was brought here from China.

By the end of January 2020 cases were being reported left and right. By mid-February the virus was beginning to seriously overload the Lombardy hospitals and medical clinics. They are now in a state of collapse.

The Far-Left politicians sold out and betrayed the Italian people with open border policies and social justice programs. One of the reasons the health care system collapsed so quickly is because the Renzi government (and now continued under the Conte government) redirected funds meant to sustain the medical system, to pay for the tens of thousands of immigrants brought in to Italy against the will of the Italian people.

If you remember the horrible earthquake that decimated the villages around Amatricia, in the mountains east of Rome in 2015, you would also remember how the world responded by sending millions of dollars to help those affected.

But there is a law in Italy that prevents private donations to charitable Italian organizations. All money and donations received must be turned over to a government agency, who in turn is to appropriate the funds as needed. But that agency is corrupt just as are all the others.

Most of the money never reached a single victim in the mountains. The Renzi government redirected the vast majority of those funds to pay for the growing immigrant and refugee costs.

As the economy worsened under the burden of illegal immigration, compounded by gross government spending and incompetence, unemployment rose quickly.. especially among young people. The unemployment rate for men and women under age 35 is close to 40%.

So more money was diverted from the health care system and used to pay what is known here as guaranteed income. Whether you work or not you are paid here, especially if you belong to the PD! The government simply raises taxes on those who do work.

Let me give you a quick example of the height of insanity to which Italian taxation has risen. If you live in a building that has a balcony or balconies.. and any of those balconies cast a shadow on the ground, you must pay a public shadow tax! I will say no more!

The point I am trying to make here is that not only did the Chinese bring the virus to Italy (and the rest of the world) it was far-Left politics and policies that facilitated it.

This should hopefully be a warning to Americans that while they work to rid themselves of the China Virus, they should just as vehemently endeavor to rid their government of any politician that circumvents the Constitution and ignores the laws of the land.. plain and simple.

Giacomino Nicolazzo is one of Italy’s most beloved writers. Born and raised in Central Pennsylvania, he lives in a small village in Lombardy where he writes his books.

Apr 3 2020

The Left’s Coup – In Your Face


Armstrong Economics Blog/Politics

Re-Posted Apr 3, 2020 by Martin Armstrong

COMMENT: Dear Martin,

In Portugal, we have since Q42015 a left government. The first 4 years were a Socialist government with a kind of explicit support of Communist and Extreme Left. Since last year’s elections, the Socialists are again in power but now with an implicit support from the other two left parties. Portugal enjoyed a “nice” economic recovery, despite this left coalition based on two major things: Gold Visa programme (a law from previous right Government) and Tourism. The Gold visa will be canceled soon because the left says it’s only for criminals/money laundering and tourism… well we know that’s going on!

Today reading the Extreme Left (Bloco de Esquerda) site I found the following on their main (!) page:
“…Containment of disease has three fundamental obstacles. Firstly, the negationism of national governments in the face of the pandemic. This was the case, in the first instance, with the government of China (which corrected its actions and is now active in the international articulation to stop it), but also with the US administration of Trump or the British government of Boris Johnson. This is the case with the Brazilian government, whose president classifies the pandemic crisis as “a matter of fantasy”. Secondly, economic globalisation – which has facilitated the rapid spread of the disease without matching multilateral cooperation instruments – makes it difficult to implement containment measures. Thirdly, containment requires measures to halt activity in several countries for long periods…”

No further comments! And Congrats for the Great work!

JC

REPLY: This is really a highly coordinated coup by the left on an international level – USA & Europe. They all agreed that their targets have been Trump and Johnson as well as Merkel and the Netherlands. This is an all-out coup and they have deliberately used the rhetoric over this virus to make most people afraid to even go outside.

Apr 3 2020

Shutting Down the Global Postal System


Armstrong Economics Blog/The Hunt for Taxes

Re-Posted Apr 3, 2020 by Martin Armstrong

COMMENT: Dear Martin,

your public and private blog is the first I read every morning, it is my briefing.

I received this email today (31.03.2020) from a friend living in Switzerland about sending me a package via normal mail …

“this morning, I wanted to ship xxxxx and xxxxx to Greece, and as long as there is the virus blockade, there is no shipping possible.
Besides, at the post office, they gave me a flyer because of new, world-wide regulations of World Postal Union and International Post Corporation that letters up to 2 kg have to be digitally registered beforehand, since Jan. 2020, so that the recipient country knows about the content before shipping – the declaration can here be done online for free or at a post office with an extra fee….
But anyhow, they told me that they won’t be able to accept anything at the moment….
So the envelope will wait here until there is better “virus weather”…  ”

This coup d’etat is very real.

All the best from Greece.
Warmest and kindest regards H

REPLY: Yes, this is all about money. They want both taxes and to prevent people from shipping gold, cash, anything that can be used as a monetary instrument. Keep in mind you are also dealing with the lowest level of government workers. I tried to send as a gift a Roman coin in a necklace. They said it was illegal to send money in the mail. I tried to explain this was a Roman coin from a government that ended in 476AD. They said it was still money and illegal. I didn’t bother anymore. I took it back refiled the form and called it an antique and then it was fine.

Apr 3 2020

The Injustice of the Justice System


Armstrong Economics Blog/Rule of Law

Re-Posted Apr 3, 2020 by Martin Armstrong

Perhaps there has never been this sort of in-your-face abuse of power than what is going in in the justice system. Roger Stone is awaiting a 40-month prison sentence while Andrew McCabe enjoys life as a high-profile CNN commentator. Both made false statements, yet one is to go to prison and the other is untouchable. It does not stop there.

The whistleblower who created the Trump impeachment is so protected, and no one is allowed to even know his name. However, we have Julian Assange and Edward Snowden who they seek to imprison for life. There is something very wrong with the justice system. It has become a toy for political persecutions.

HOW TO REFORM THE LEGAL SYSTEM

I urge people to forward this to every politician you can and CC the White House. The justice system is out of control and ONLY the RICH can even afford to defend themselves. Congress can literally pass a law that you must kill your firstborn. They can do whatever they like. We have no right to even argue against such a law. The only person who would have such an opportunity must have what is called STANDING. That is created by the attempt of the government to ENFORCE the law. So in other words, if they prosecute your neighbor for refusing to kill their firstborn, you cannot go to court unless they prosecute you for the very same crime.

This is seriously a denial of Equal Protection of the Law. It allows for political and selective prosecution. They can put Stone in prison for life but they have the discretion not to prosecute McCabe. That is a gross injustice and it allows for political prosecutions as if we lived under Stalin.

The only way to solve this crisis is to REMOVE the discretion of prosecutors to indict people. They should submit their case to a committee in Washington that must approve every indictment. If this is done, then we can at least restore some justice to the system.

HOW TO REFORM THE SUPREME COURT

We then have the problem that Congress could pass a law that says you must kill your firstborn. They only way to challenge such a law is to defend against their attempt to prosecute you for violating that law. The Supreme Court should be expanded with another layer of Justices below who should rule on every law passed by Congress BEFORE it is enforced. In this manner, the poor are protected whereas only the rich can afford the tremendous cost to go all the way to the Supreme Court.

Apr 3 2020

DNC Club Cancels July 13th Convention…


Posted originally on The Conservative Tree House on April 2, 2020 by 

Two things are very clear: 1. The Club was never dependent on using Joe Biden as the democrat presidential nominee; and 2. The Club knew something would happen this spring to erase the political norms.

Just like it took a few months to see the full picture around how democrats assembled the Ukraine impeachment hoax via Mary McCord (DOJ-NSD), Michael Atkinson (ICIG), Alexander Vindman (NSC), Eric Ciaramella (CIA) and ultimately to Pelosi and Adam Schiff; so too will we only assemble the COVID/DNC primary sequencing in hindsight.

WASHINGTON – The Democratic National Committee is postponing the party’s presidential convention in Milwaukee to August 17, the week before the Republican Party’s convention.

The delay from July 13 came after likely nominee Joe Biden publicly called for the convention to be rescheduled in response to the coronavirus pandemic. And it followed weeks of behind-the-scenes discussions with party leaders and the two remaining presidential candidates’ campaigns of Biden and Bernie Sanders.

The new date will put the DNC convention back-to-back with the RNC’s, which is set to begin August 24 in Charlotte. The proximity presents messaging challenges for both sides: Biden will not have as much time to enjoy a potential polling bounce before the RNC begins dominating coverage. And Republicans will not have as much time to plan out responses to speeches and events in Milwaukee.  (more)

Apr 2 2020

America needs a New Declaration of Equal Justice under the Law


The Emancipation Proclamation focused on equality

Scott Powell image

Re-Posted from the Canada Free Press By  —— Bio and Archives—April 1, 2020

America needs a New Declaration of Equal Justice under the LawIn prior times of war, crisis, suffering and loss of life from causes outside the U.S., Americans of both parties would pull together and focus on what can be done to quickly help, alleviate and solve the problem.  No longer.  The COVID-19 crisis provides us a window into our national social and spiritual health, and what we see from much of America’s Left as expressed in the media and Democrat Party reveals a degree and strain of moral impoverishment we haven’t seen before.
The COVID-19 crisis in America will pass as all such virus epidemics do, but an overriding issue and question that will remain for the American future is: do we have sufficient courage and determination to successfully deal with the real internal threats and contradictions that jeopardize the future viability of the United States and its Constitution?

What has been allowed to grow in the American cultural and political petri dish over the last two generations is a mixture whose contagious influence is as harmful as it is riddled with absurdities.  A partial list would include:

  • an unequal two-tiered justice system;
  • open borders;
  • preferential treatment of illegal aliens over American citizens;
  • the dominance of political correctness and its de facto censorship of free expression;
  • fake news;
  • rewriting history;
  • the 1619 project;
  • renaming Columbus Day;
  • the abolition of traditions of every size and shape;
  • destruction of American historical monuments;
  • the trampling the American flag and other symbols of democracy;
  • the eradication of family values while celebrating and elevating relationships counterproductive to procreation

An imperative for any civilization that wants to survive; election fraud and dismantlement of the electoral process; an attempted coup that would have nullified the Constitution and the peoples’ sovereignty; a baseless and wasteful impeachment; the disgraceful character assassination of nominees to the Supreme Court; the pervasive infiltration of education with academics hostile to America; the adoption safe spaces and the prohibition of trigger words on college campuses; union control and influence on public school educational curricula whose net effect dumbs down students and often paints America as the great villain.

Any one of these is no little thing.  But together, the collective influence of all these factors presents us with a reality that is disheartening and threatening.  How did this happen and what are patriotic Americans to do?

We find ourselves in this perilous and incendiary state in large part because we were asleep or preoccupied, while over the last generations, internal enemies of America were gnawing away at our institutions and public civility—following the playbook of Italian communist Antonio Gramsci, the father of the “long march through the institutions.” Gramsci called for a gradual radicalization of the knowledge industry and the cultural institutions—“the superstructure of our society”—so as to transform the values and morals of society. Gramsci believed that as society’s morals were softened and confused, its political and economic foundation would be more easily transformed.  The evidence surrounding the current state of affairs confirms the validity of Gramsci’s theories and suggests he was right.

But the story is not over. 

It’s time for a new approach to fighting back with a more powerful playbook—one that the founders used at a time of overwhelming discouragement when odds of success were extremely low.  That same playbook was again used by Abraham Lincoln, a president who presided over a very divided nation and who was reviled by many, similar to today’s conditions.

Washington’s colonial army war efforts were disastrous in the first year. The first version of the Declaration of Independence—signed by just John Hancock, president of the Continental Congress and its secretary Charles Thompson, was the only version in circulation for the first six months after July 4, 1776.  But after Washington’s successful surprise attacks on Trenton and Princeton, the Declaration was edited, reprinted and rereleased with all 56 signatories, vowing “a firm reliance on the Protection of Divine Providence,” and “mutually pledg[ing] to each other our Lives our Fortunes, and our sacred Honor.” That declaration seems to have changed the fortune of the Continental Army and even determined the outcome of the War of Independence, even though the final Yorktown victory was still four years away.

Lincoln’s war efforts were largely unsuccessful in the first year and a half of the Civil War, and he struggled with the question of why, so far, the Almighty was permitting the bloodbath to continue with more favor being shown toward the South.  Through prayer, Lincoln had an epiphany of moral clarity.  He realized that it was not enough to win the war, put down secession and preserve the status quo of tolerance of slavery in the southern states, as he had stated in his First Inaugural address upon taking office.  He now realized the simple truth that if his objectives were aligned with God’s will and announced to all, that the Union would be blessed and prevail. And so it was that after the Emancipation Proclamation was signed into law on Jan. 1, 1863 that things on the ground began to change.

Whether we call it a Declaration or a Proclamation, a statement of moral clarity is needed to reestablish the foundation and fortress from which to fight and prevail. The Declaration of Independence focused on liberty.  The Emancipation Proclamation focused on equality.  Such a time as this would be well-served by a Declaration of Equal Justice under Law—the very words etched in stone on the front façade of the Supreme Court.

Our greatest advantage over the material secular progressive left is our connection with a higher power—a spiritual power.  Most of us take for granted and pay little heed to the words inscribed on all our currency—“In God we Trust.” A Declaration for Equal Justice under the Law would summon new help from the Divine and fundamentally change the future as it did in previous crisis times.  We should even ask and implore that such a Declaration lead to taking down America’s internal enemies and enable us to win the battles ahead for what is good and right.

Mar 31 2020

According to Rasmussen 32% Say Coronavirus Has Thrown Them or A Family Member Out of Work


Tuesday, March 24, 2020

One-third of Americans say they or someone in their close family is now unemployed thanks to the coronavirus. A whopping nine-out-of-10 are worried about the virus hitting them in the pocketbook.

A new Rasmussen Reports national telephone and online survey finds that 32% of American Adults say they or someone in their immediate family has lost their job because of the coronavirus. (To see survey question wording, click here.)

For those under the age of 40, 41% say they or someone in their immediate family is now out of work due to the virus.

Fifty-three percent (53%) of all Americans have been forced to cancel travel plans because of the virus threat.

Ninety-one percent (91%) are concerned about the financial impact of the coronavirus, with 67% who are Very Concerned.

(Want a free daily e-mail update? If it’s in the news, it’s in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

The survey of 1,000 American Adults was conducted March 19 and 22, 2020 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

Voters are closely divided over how the government has responded so far to the coronavirus threat, but, even in a time of national emergency, it appears that party affiliation overrides all.

Men and women report near equal impact on their immediate families and show similar levels of financial concern.

Blacks are more likely than whites and other minority Americans to be Very Concerned about the financial impact of the coronavirus. Democrats share this level of concern more than Republicans and those not affiliated with either major party.

Entrepreneurs have been harder hit than government workers and those employed in the private sector.

The more one earns, the less likely they are to report themselves or an immediate family member losing their job due to the virus. But higher-income adults are more likely to be Very Concerned about their finances.

 

Click for the full report here

 

 

Mar 31 2020

New York Governor Andrew Cuomo Says He Will Not Run for President….


Posted originally on The Conservative Tree House on March 30, 2020 by 

First, the question is technically silly.  New York Governor Andrew Cuomo cannot “run for president” because all of the deadlines have passed, ballots printed, and the officialarchitecture of the DNC election process would not support a “run for president” etc.

However, beyond the false question is the strong likelihood Gov. Andrew Cuomo is being positioned to be recruited as the consensus nominee at the DNC convention.  That scheme is 100% on track to be executed; and that plan would involve Andrew Cuomo saying exactly what he is saying in this interview; and then later he is recruited by the DNC club leadership and super-delegates.  [Oh, and the club can pull this off… easily.]

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Cuomo cannot hint he would be open to such a possibility because the democrat voters, who don’t understand private political club rules, may suddenly realize their precious “democracy”, vis-a-vis an election process, is really just a hall of mirrors.

March 22, 2020 –  The ‘good cop bad cop’ routine with deBlasio just seemed a little too scripted… Then the framework of a usefully constructed contrast narrative started to become clear… Then, as if on cue, all national broadcasts started being interrupted for maximum exposure; again a little odd.

A deep, very deep, connection to Bloomberg reappeared as a little flashing light in the corner of the picture… Then the Murdoch’s started to shape the landscape; curiosity piqued… Followed by positioning that seems a little too centrally located in the political sphere.. Then Hannity and Bannon started singing his praises. Well, Bannon doesn’t exactly have a good track record of judgement… I digress. But it really wasn’t until the CIA started publishing their endorsement that things possibly started making sense. WATCH:

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Are they positioning NY Governor Andrew Cuomo to exit the DNC convention as the consensus nominee; the chosen one? It would take the construct, at least the optics of, a reluctantly drafted candidate to pull it off. Then again, what is all this – if not that.

Think that’s crazy?…. Let’s keep watching.

After all, we have to admire any opposition strategy so Machiavellian as to create an outcome where President Donald Trump would voluntarily dismantle the U.S. economy after being painted into a corner by some of the most effective narrative engineering ever witnessed.

Add a large dose of “six ways to Sunday” with a heaping pile of Clintonian revenge, and one could almost bring themselves to a place where all this starts to come together.

Nah,… that’s crazy talk.

Right?

This is NOT organic. WATCH – Another Example:

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Notice how the graphics appearing on the screen are timed to prompt the oration; and all of it is targeting heart message, emotion over logic.

There is a teleprompter directly in front of and below Cuomo so he can reference the graphics as he gives his press remarks. You can see him checking the monitor for the next prompt. This is all rehearsed. Everything about this is a production.

A prepared script, graphics with points of emphasis, along with national media interrupting all broadcasts to run these messages, this draft nomination effort is brilliantly designed. People in Ohio, Florida, Arizona, Wisconsin, California and Michigan are wondering why they are watching a New York governor presser every day on their televisions.

You have to admit these are brilliant political operations.

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Mar 27 2020

Biden’s Train Of Thought


Everyone knows Joe Biden is a gaffe machine and he’s getting worse. During an interview he stated that the COVID-19 cure “will make the problem worse, no matter what.” In other recent interviews he made fumbling replies. Even though he was thrown softball questions, Joe quickly became confused and incoherent.

Clearly Biden is not mentally fit to be president and everyone knows it. He stands no chance against President Trump this fall. Unless the Democrats are resigned to lose, they’ll need to somehow force Joe out in a brokered convention. Some are talking about Andrew Cuomo, the governor of New York, as Joe’s replacement. Others think it will be Hillary.

It’s now clear why Obama told Biden, “You don’t have to do this, Joe, you really don’t,”

Too bad Joe didn’t listen.

—Ben Garrison

Mar 25 2020

Managing Money v Teaching You How to Survive


Armstrong Economics Blog/Opinion

Re-Posted Mar 25, 2020 by Martin Armstrong

QUESTION: Marty, they have always called you the Legend. You have proved that you are probably the greatest trader that ever existed. You not only have choreographed when the correction would start, but you have held our hand through this entire decline. Again you said the market would decline into the 23 of March and that should be the temporary low. Nobody forecasts markets like you do and that is why everyone tries to ignore you while others hate you out of jealousy. Won’t you return to funds management? Please! We could really use you in these troubling times.

SH

ANSWER: I greatly appreciate the fact that many people have been writing in to say thank you. I prefer working on Socrates. Only on the private blog do we provide forecasts to the day. We do not provide that on the open blog. If I just managed money, I would not have the time to write or program. I believe in the old saying, if you give a man a fish, you feed him for a day. Teach him how to fish, and you feed him for a lifetime.

My goal is to prove that markets are orderly and it is total nonsense that there is some random walk. That is an excuse for someone who is not a student of the markets and cannot see the order because they take no responsibility for their own losses. It is easier to always blame someone else.

Yes, they have called me the legend. I suppose that is better than the oracle given that strategy is just to buy and hold so you look like a hero in bull markets and take massive losses in every decline. Markets rise and markets fall. You NEVER marry the trade! That is the sure-fire way for a fool to be separated from his money.

The object here is to understand how markets function for if we grasp that revelation, then we can manage our economy and live WITH the cycle instead of always fighting against it. Academics try to reduce the market to theories yet they fail to understand human emotion. They will advocate lowering interest rates as if someone will borrow when they see no future. The absurdity of Keynesian Economics is beyond belief yet they have attempted to manage the world economy based upon a theory that has never worked even once. Even Pail Volcker admitted that in his book on Rediscovery of the Business Cycle.

I have stated many times that Karl Marx killed more people than any religious war and in fact, all wars put together. He was responsible for hundreds of millions of deaths. Yet the left keeps trying to force his theories upon society creating havoc, hatred, and class warfare. They violate even the very Ten Commandments which aside from religion, appears to have been a pearl of respected ancient wisdom we refuse to listen to. Why does the left keep trying to push Marxism upon society? They simply covet what other people have and want to punish others for being more successful.

We have shut down the entire world economy for less than 20,000 deaths worldwide? This is a joke. Either John Hopkins University has deliberately been part of a plot to further Marxism or they are outright ignorant of what they are doing. They have supported the destruction of human rights and liberty advocating you kill the patient to cure the disease. More people die in car crashes annually than this death toll no less the annual flu which kills hundreds of thousands of people. We do not surrender our rights and close the economy for such events. So why this virus?

The red dots of John Hopkins University are outright propaganda. They are not current. They do not disappear with the virus subsiding. Look at China. They are deliberately misleading and make it appear as if whole countries are infected supporting stay at home and marshal law. This is propaganda they have been promoting and we have governments declaring emergency powers to end democratic processes thanks to this misleading graphic which is historical rather than current and the dots may represent just one case, not the entire state.

We are fools for what is taking place. There are dark forces whipping this up into a panic for the sole purpose of creating authoritarian powers because they do understand my models and they are scared of losing power. We have Democrats holding parties calling this the Trump Virus. They are cheering the destruction of the economy just to get rid of Trump. Their hatred of him is deeply concerning for the veneer of civilization has been removed and we stand on the precipice of civil unrest and bloodshed all in the name of Marx. I recently asked a Democrat why do they hate Trump so much. They could not articulate a single act he has done. They simply said presidents shouldn’t Tweet.

Governments can see the Monetary Crisis Cycle coming to destroy their systems. This is the best way for them to fight back. I have warned my concern was what comes AFTER Trump. My deepest fear is the loss of all civil liberties and fools are cheering this on without understanding what they are wishing for.

I am concerned about the future for my posterity. They will NEVER know the world in which I grew up in.

There is a government now who wants to openly use our models to trade. They have one of the top 5 wealth funds in the world. I believe they will open it up to manage money using our models. But I have ZERO interest in returning to funds management. Other countries in Asia have openly admitted they are using “Capital Flow Analysis” which is our model at the central bank level.

Again, I greatly appreciate the trust and confidence. But I prefer to teach you how to fish for a lifetime rather than to feed you for just one day. This is a picture of my backyard. It is my sanctuary from the craziness of the world. I will feed the birds. They know where to get a free meal. That will last only when I am here – not forever. What we face is more serious. We have to learn that the world is not a toy for us to manipulate as they are doing right now to retain power. They will fail for the system they seek is just not sustainable. So I prefer to teach you how to see the world so you can survive rather than manage money like feeding the birds for a day.