Bavarian banks have figured out that negative interest rates are insane. They must pay the ECB to hold their cash. They have decided it is better to store their cash and eliminate deposits at the ECB as reported by Spiegel Online. These people are just brain dead. They think negative interest rates will somehow “stimulate” the economy. No, they
Sometimes you really have to ask: Is French President Francois Hollande simply clueless? At a European Union summit, Hollande said he opposes Britain’s demands for special treatment for its financial markets as a way to keep Britain in the bloc. Hollande has bluntly said that Britain cannot veto what happens in the Eurozone. Hollande’s socialist agenda will never yield. He is so out of touch with reality. If Britain remains in the EU, it will be the end of the financial markets in Britain. You definitely want to get your money out before you cannot. There is little doubt that Hollande will outlaw shorts, and that will destroy liquidity. This may be the final straw that diverts the financial capital of the world to Asia
The president of the German secret service, Hans-Georg Maassen, has come out and warned that the uncontrolled immigration has created a serious safety risk to Germany because the authorities no longer know who is in the country. If people think U.S. politics are going in the gutter, look at Germany where politicians have created a clash between polarized left and right-wing extremism. Maassen warned that an Islamist or right-wing attack in Germany could lead to an explosion of social unrest. Maassen has virtually shown that Merkel’s decisions have placed Germany at serious risk, but has also fueled the movement to end the Eurozone.
Merkel’s decision happened at the worst possible timing. As the European economy turns down further, the cost of the refugees will send taxes even higher. The civil unrest our model has been predicting is on schedule. It is linked to the economy and when that turns down, this cycle will turn up.
The Republican RNC will do anything to stop Trump and they have already broken the contract with Trump to be neutral. . Romney’s speech in a half hour will prove that they are afraid of trump and this will be a declaration of war against trump.
The government is demanding Apple to create a program to hack phones under the excuse of “terrorism” as a threat to national security. The FBI in New York ordered Apple to unlock the phone of a local drug dealer, but Apple refused. On Monday, a federal magistrate judge in New York said no. Magistrate Judge James Orenstein denied the FBI’s request as part of the criminal case against Jun Feng, who had already pleaded guilty in October to drug charges. The FBI’s request as part of a drug case clearly shows what they are up to. The government wants to eliminate all encryption for anyone suspected of any crime, which would include taxes.
Apple is correct. There will be no end in sight if they create hacking software for the government. Once you establish a precedent, then they will apply it to every type of crime right down to just “investigating” if you owe taxes. There need not be any charges. All they would need to do is claim in court that they “suspect” there is a crime. That is how the system works.
In my own case, the government demanded I turn over all the tapes I had on the market manipulations by the New York banks. The excuse? Perhaps they might lead to missing assets. The bank later pleaded guilty and returned the “missing assets.” Of course, they never prosecute the banks in New York. They will say anything to get whatever it is they want, but they will NEVER say the truth. Apple is defending a major issue here and our freedom depends on it. This is NOT about a single phone in a terrorist case. They will expand this precedent to everything.
Rubio’s sins are all coming how now and despite what he claims he has no chance of wining and will be finished when Trump takes Florida on March 15th.
Troy wrote a great letter and nails it — His military training has come through with Trumps help and he is now saved. He is now truly a man and a real American!
U.K. Prime Minister Tony Blair has recognized something those in office either do not see or refuse to admit. Blair said at the Abu Dhabi that Donald Trump’s wins in the U.S. primary elections are disturbing for they illustrate that there is a rising popularity of insurgent political movements around the world. The mismanagement of decades of career politicians and the total state of complete corruption in every branch of government is pushing the population to rise up against the establishment everywhere. Blair told the conference: “Sometimes I look at politics today and wonder if I still understand it.”
Meanwhile, establishment Republicans are now vowing to stop Trump. They say he is no “conservative” but in fact what they really say off camera is he is not one of them. They are scared to death that if Trump gets in, it will not be business as usual. This is the civil war building. It is career politicians against the people. They are personalizing this as Donald Trump rather than looking broadly that Trump is just Ross Perot 2.0. It could be anyone who is an outsider. Trump just has the money to fund this without selling his soul to the elite political pacs.
This is war and in war the tactical plan ends when the battle begins. So far trump is ahead but there is still a long way to go — Trump needs to win Ohio and win in Florida those are must wins and we must do everything we can to achieve that goal.
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