Many people are perplexed about the severity of Saudi Arabia’s response after Justin from Canada and Foreign Minister Crystina Freeland began denouncing KSA’s action in jailing a Saudi national, Samar Badawi (pictured below with Obama and Clinton), likely a member of the Muslim Brotherhood, for action against the government. It certainly appears there is a bigger backstory here than generally visible.
Saudi Arabia said on Sunday that it is ordering Canada’s ambassador to leave the country and freezing all new trade and investment transactions with Canada. “We consider the Canadian ambassador to the Kingdom of Saudi Arabia persona non grata and order him to leave within the next 24 hours,” Saudi Arabia’s Foreign Ministry said on Twitter.
Perhaps… just perhaps, this action is connected to a larger issue of Canada’s severe leftist ideology, their support for the Muslim Brotherhood, and their relationship to the “Five Eye’s Intelligence” network.
With all of the revelations in the past year, it would not be surprising to discover a coordinated -and ideologically driven- effort by a left-wing international intelligence community against political adversaries. Remember, in the bigger picture, the ongoing challenge in Saudi is a confrontation with the Muslim Brotherhood…. a Brotherhood entirely supported by the political left; including Justin Trudeau and Crystia Freeland.
The Kingdom of Saudi Arabia has their own intelligence apparatus up and running now. Remember the orb (above)? The “Global Center for Combatting Extremist Ideology”?
Then we have Canada, Australia and New Zealand, normally friendly allies, being exceptionally combative to an incoming Trump administration –SEE HERE– and adding to the mix, the United Kingdom being more of an ideological adversary than geopolitical ally –SEE HERE– oh, there’s that Five Eyes reference again. Under this scenario, the KSA action makes a lot more sense:
DUBAI (Reuters) – Saudi state airline Saudia said in a post on its official Twitter account that it was suspending flights to and from Toronto, the latest in a series of measures the kingdom announced on Monday in its diplomatic row with Canada.
The kingdom froze new trade and investment with Canada on Sunday after Ottawa urged Riyadh to free arrested rights activists. It also recalled its ambassador and gave the Canadian ambassador 24 hours to leave the country. (read more)
Tomorrow is election day in Ohio, Kansas, Michigan, Missouri and Washington. It does not seem coincidental that Silicon Valley monopolistic oligarchs and left-wing media control agents make political moves at this particular moment in the election season.
If you live in Ohio, Kansas, Michigan, Missouri or Washington you can find your polling place HERE. Go Vote…. and if your registration is not up to date in your own home state, now is the time to get prepared for November. Do not wait.
“Donald Trump’s supporters are angry“, or “uneducated”, or “unenlightened”, or (Fill_In_The_Blank). This was clear in the latest round of sunlight upon how officials within the United States Department of Justice and FBI leadership feel about a nation of citizens beneath their authority. Now the corporate media narrative controllers are fully engaged.
The gaslighting is extreme as the same entities utilize their microphones in a brutal attempt to create a self fulfilling prophecy. In essence, what they are really trying to save is themselves. However, the reality disconnect only solidifies their irrelevance.
At this point, anyone still trying to convince us this entire assembly of our union is headed in the right direction, well, they might want to revisit their proximity to the 2018 election ballpark. Because they’re not just out of the city – they’re also out of the same state the election ballpark is located in….. But then again, the media know that.
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David Mamet had a famous saying, essentially: …‘in order for genuine liberals to continue their illogical belief systems they have to pretend not to know a lot of things’… By pretending ‘not to know’ there is no guilt, no actual connection to conscience, denial of truth allows easier trespass. The Democrat ideology depends on your unwillingness to accept their presentations; and your reconciliation. Do not look away.
There’s a level of anger far deeper and more consequential than expressed rage or visible behavior, it’s called Cold Anger.
Cold Anger does not need to go to violence. For those who carry it, no conversation is needed when we meet. You cannot poll or measure it specifically because most who carry it avoid discussion. And that decision has nothing whatsoever to do with any form of correctness.
We watched the passage of Obamacare at 1:38am on the day before Christmas Eve in 2009. We watched the Senate, then the House attempt passing Amnesty in 2014. We know exactly how it passed, and we know exactly why it passed. We don’t need to stand around talking about it….
We know what lies hidden behind “cloture” and the UniParty schemes.
We watch the 2009 $900+ billion Stimulus Bill being spent each year, every year, for seven consecutive years. Omnibus, Porkulous, QE1, QE2, Bailouts, Crony-Capitalism. We know exactly how this works, and we know exactly why this ruse is maintained. We don’t need to stand around talking about it…. We’re beyond talking.
We accept that the entire Senate voted to block President Trump’s ability to use recess appointments in 2017. Every.Single.Democrat.And.Republican.
Cold Anger absorbs betrayal silently, often prudently.
We’ve waited each year, every year, for ten years, to see a federal budget, only to be given another Omnibus spending bill by Speaker Ryan.
We’ve watched the ridiculing of cops, the riots, and the lack of support for laws, or their enforcement. We’ve been absorbing all that. We’ve been exposed to violence upon us by paid operatives of the organized DNC machine. We know; the media trying to hide it doesn’t change our level of information.
Cold Anger is not hatred, it is far more purposeful.
Cold Anger takes notice of the liars, even from a great distance – seemingly invisible to the mob. Cold Anger will still hold open the door for the riot goer. Mannerly.
We’ve watched our borders being intentionally unsecured.
We’ve watched Islamic Terrorists slaughter Americans as our politicians proclaim their uncertainty of motive. We know exactly who they are and why they are doing it. We do not need to stand around discussing it…. we’re clear eyed.
Cold Anger evidenced is more severe because it is more strategic, and more purposeful. Eric Cantor’s defeat, Matt Bevin’s victory, Brexit, Donald Trump’s highest vote tally in the history of presidential primaries or Mark Sanford’s dispatch might aide your understanding.
Cold Anger does not gloat; it absorbs consistent vilification and ridicule as fuel. This sensibility does not want to exist, it is forced to exist in otherwise unwilling hosts – we also refuse to be destabilized by it.
Transgender bathrooms are more important than border security.
Trade deals, employment and the standard of living in Vietnam and Southeast Asia are more important to Wall Street and DC lobbyists, than the financial security of Youngstown Ohio. We get it. We didn’t create that reality, we are simply responding to it.
Deliberate intent and prudence ensures we avoid failure. The course, is thoughtful vigilance; it’s a strategy devoid of emotion. The media can call us anything they want, it really doesn’t matter…. we’re far beyond that.
Foolishness and betrayal of our nation have served to reveal dangers within our present condition. Misplaced corrective action, regardless of intent, is neither safe nor wise. We know exactly who Donald Trump is, and we also know what he’s not. He is exactly what we need at this moment. He is a necessary glorious bastard.
Cold Anger is not driven to act in spite of itself; it drives a reckoning.
When the well attired lady leaves the checkout line carrying steaks and shrimp using an EBT card, the door is still held open for her; yet notations necessarily embed.
When the U.S. flags lay gleefully undefended, they do not lay unnoticed. When the stars and stripes are controversial, yet the Mexican flag is honored – we are paying attention.
When millionaire football players kneel down rather than honor our fallen soldiers and stand proud of our country, we see that. Check the NFL TV ratings – take note.
When a school community cannot openly pray, it does not mean the prayerful were absent.
When a liar seems to win, it is not without observation. Many – more than the minority would like to admit – know the difference between science, clocks and political agendas.
Cold Anger perceives deception the way a long-term battered spouse absorbs the blow in the hours prior to the pre-planned exit; with purpose.
A shield, or cry of micro-aggression will provide no benefit, nor quarter. Delicate sensibilities are dispatched like a feather in a hurricane. Pushed far enough, decisions are reached.
[…] On the drive to and from the East Coast, I paid attention to the billboards and bumper-stickers. Folks, the people in “Fly over” country are PISSED, from the guy that guides hunters, to the mayors of towns and cities, to state senators congressmen and Governors who are voting to arrest and imprison federal law enforcement officials for enforcing federal gun laws that don’t agree with state law … The political pendulum has never, in the history of humanity, stayed on one side of a swing. The back lash from over reach has always been proportionate to how far off center it went before coming back … right now we’re staring at a whole hell of a lot of the country (about 80-90% of the land mass, as well as about 50+% of the population) that is FED UP. You really don’t want those guys to decide that the only way to fix it is to burn it down and start over… (more)
It’s too late…
DC has ONE option:
Remember, this is an insurgency. You must modify your mindset to think like an insurgent. Insurgencies have nothing to lose. If insurgents are not victorious the system, which controls the dynamic, wins. However, if insurgents do nothing, the same system, which controls the dynamic, also wins.
Do nothing and you lose. Go to the mattresses, and you might win. The choice is yours.
Right now, every day is Saint Crispins day.
If we are mark’d to die, we are enow To do our country loss; and if to live, The fewer men, the greater share of honour. God’s will! I pray thee, wish not one man more. By Jove, I am not covetous for gold, Nor care I who doth feed upon my cost; It yearns me not if men my garments wear; Such outward things dwell not in my desires. But if it be a sin to covet honour, I am the most offending soul alive. No, faith, my coz, wish not a man from England. God’s peace! I would not lose so great an honour As one man more methinks would share from me For the best hope I have. O, do not wish one more! Rather proclaim it, Westmoreland, through my host, That he which hath no stomach to this fight, Let him depart; his passport shall be made, And crowns for convoy put into his purse; We would not die in that man’s company That fears his fellowship to die with us. This day is call’d the feast of Crispian. He that outlives this day, and comes safe home, Will stand a tip-toe when this day is nam’d, And rouse him at the name of Crispian. He that shall live this day, and see old age, Will yearly on the vigil feast his neighbours, And say ‘To-morrow is Saint Crispian.’ Then will he strip his sleeve and show his scars, And say ‘These wounds I had on Crispian’s day.’ Old men forget; yet all shall be forgot, But he’ll remember, with advantages, What feats he did that day. Then shall our names, Familiar in his mouth as household words- Harry the King, Bedford and Exeter, Warwick and Talbot, Salisbury and Gloucester- Be in their flowing cups freshly rememb’red. This story shall the good man teach his son; And Crispin Crispian shall ne’er go by, From this day to the ending of the world, But we in it shall be remembered- We few, we happy few, we band of brothers; For he to-day that sheds his blood with me Shall be my brother; be he ne’er so vile, This day shall gentle his condition; And gentlemen in England now-a-bed Shall think themselves accurs’d they were not here, And hold their manhoods cheap whiles any speaks That fought with us upon Saint Crispin’s day.
The awakened insurgency, led by Donald Trump, is an existential threat to the professional political class and every entity who lives in/around the professional political class. The entire political industry is threatened by the insurgency. The entire political industry is threatened by Donald Trump.
Decision time.
You know why the entire apparatus is united against President Trump. You know why the entire Wall Street apparatus is united against President Trump. You know why every institutional department, every lobbyist, every K-Street dweller, every career legislative member, staffer, and the various downstream economic benefactors, including the corporate media, all of it – all the above, are united against Donald Trump.
Donald Trump is an existential threat to the very existence of the UniParty. Donald Trump is an existential threat to every entity who benefits from the UniParty.
Multi-billion dollar contracts at stake. Trillion dollar multi-national trade deals at stake. The fundamental construct of decades of their united efforts to tear away at the very fabric of the U.S.A is at stake. They too have nothing to lose, and they’re damn sure acting like it.
QUESTION: Thank you very much for your blog and all the knowledge that you pas on.
You are well known in many circles and I would think have great influence in the inner circles and behind the curtain. Now then your computer forecasts can sway a lot of people because of that. If you were to advice in advance of a major market crash you could be accused of starting a panic or worse. So my question is would you do it or sit on it and explain later?
Retired in Canada.
AW
ANSWER: No. We have ALWAYS provided forecasting regardless of the consequences. The Computer itself is writing the analysis on over 1,000 instruments daily. Everyone knows that there is no human writing these reports. Besides that, there are those behind the curtain who want the real forecast even though it may be against them. I have been on the phone with central banks during a crisis when they have asked me does it look like they will need to intervene. So you will be surprised. Even they want the truth when it counts.
I am not doing mainstream media interviews that would ever appear as a headline that the market will crash tomorrow or something like that. ONLY is such information appears in the mainstream media does it raise a red flag.
The talk behind the curtain remains that the Fed is still under pressure to PLEASE don’t raise rates. The lobbying continues from the IMF, ECB, and Emerging Markets. Meanwhile, the Fed leaves rates unchanged, but it upgraded its view of the US economy to ‘strong’ which remains a signal that the Fed is still prone to raise rates if the stock market continues to rally.
The Federal Open Market Committee voted unanimously to keep the target range for its benchmark rate at 1.75 percent to 2 percent. Still, the committee said that “economic activity has been rising at a strong rate,” which is a more bullish view than the June characterization of “solid” growth. Consequently, this statement also noted that household spending has “grown strongly.”
The bottom-line remains clear. The US economy is holding up the entire world and lowering taxes has helped to bring capital home and attract foreign capital as the USA remains actually a tax haven outside of the world reporting system agreement
European banks have been lending in the United States quiet aggressively because (1) the economy is doing good so there is a demand for loans contrary to Europe, and (2) the behind the curtain view that the euro will decline and the dollar will rise. During the first half of 2017, European banks have lent about $53 billion in US dollars taking the currency risk which they have benefited from as the euro declines. According to Bloomberg, Europeans’ combined market share in the United States rose to nearly 24%.
The concern of some has been that the loans are going into leverage structures once again. In total, banks and other companies issued $494 billion in new leveraged loans 2017, which has been the largest amount since 2011. The European banks at the top of the list are the British Barclays Bank, which bought Lehman Brothers Holdings’ US businesses after the collapse. Barclay’s now controls more than 6% of the market for new loans and is the third largest leveraged loan arranger in the US this year. Barclay’s is also big in issuing credit cards in the United States. The second on that list is Credit Suisse Group AG. Then we have Deutsche Bank, which on the one hand wants to withdraw from US markets, has also been looking at lending in dollars for the same reason of gaining on the currency in the face of a collapsing euro. We see similar policies being adopted in the British HSBC, Swiss UBS, French BNP Paribas, Dutch ING Groep and Credit Agricole.
While many believe that as major central banks continue to push ahead with monetary policy normalization of raising interest rates, they wrongly think that raising rates will hurt the credit market and create a downturn. What they fail to grasp is that rates can rise with no impact provided the economy is expanding, but rates can also rise because there is no demand and government is forced to keep offering higher rates to find buyers of their debt in the real world. It all depends upon what people believe. This is why low rates in Europe have FAILED to stimulate demand when people lack confidence in the future, they will NOT borrow at any rate. Expectations of profit MUST exceed the level of interest rate before people will borrow. They function differently than governments which are addicted to debt and borrows all the time with no cyclical expectation
I have been warning that Global Warming is profitable for governments. They paid these academics $1 billion to come up with dire forecasts that ignore nature, cycles, and history, all to justify taxing people that will never actually impact anything nor balance their budgets. Canadian households in Alberta, Saskatchewan and Nova Scotia will be hit with more than $1,000 of carbon tax per year, while those in British Columbia, Quebec and Manitoba will pay around $650. In Canada, where it is often very cold, up to 10% of someone’s income is already going to cover energy costs. Politicians have discovered a new source of revenue and they are NOT about to listen to any evidence to the contrary. At the bug environmental conference in Paris, they outright DENIED any right of any speaker to put on a contrary view. This is all despite the fact that over 30,000 people have signed a petition against Global Warming, which has been ignored as usual. Any opposition is simply ignored or silenced. Why not, there is too much money on the table for governments to just ignore. Guess it will definitely now be cheaper to retire to the Caribbean. You won’t have to pay $1,000 a year to heat your home.
The Independent reported that an EU Official said that Juncker used ‘‘brightly coloured, simple flashcards” to explain trade to Trump during the meeting. The EU official said ‘each card had at most three figures about a specific topic. While these remarks are deeply offensive, what they really reveal is how much EU officials prefer to promote propaganda as well and create their own FAKE NEWS to distract people from reality. It has been Europe that delayed the TTIP deal and made it completely unworkable. What they are NOT explaining to people is that there is another MAJOR PROBLEM with the EU structure being exposed by trade negotiations and why Britain who run as fast away as possible.
All 28 EU countries have a common external tariff, which is collected by the national customs authorities. This is then paid into the EU budget. This tariff produces around €20 billion euros per year. Now enters the great disparity of economics. Germany produces 25%+ of that tariff – some €5 billion. It was true that the goal of the EU was to eliminate tariffs and champion free trade among member states as takes place in the USA. This is where we get this slogan of the “single market” for the more than 500 million EU citizens.
That all sounds very nice. The dirt is always found swept under the rug. Creating a “single market” was beneficial primarily for Germany who has an export-economic model. Germany’s car business is its lifeblood. It survives by selling cars to the world. So naturally, the euro was a dream come true for Germany. The euro and single-market eliminated FOREX risk for its customers and German producers which would result in more sales. That was a win-win for Germany, as the sales pitch went.
However, the creation of a single government has introduced a lot more problems that nobody bothered to consider. Germany clearly dominates the foreign trade of the EU. It exports to the world beyond the EU. Without Germany, the EU would flounder and be saddled with trade deficits. However, now we introduce the EU government. Suddenly, Germany cannot conclude its own trade treaties outside the EU. Everything must be negotiated by Brussels through the customs union.
Now we begin to look beyond mere currency. I have warned that one-size does not fit all as people had expected would emerge from creating a federalized EU. The second largest player in the EU is France. Because of crazy unions and socialism that has dominated France, the French are not the bastion of production and instead have a perpetual foreign trade deficit. Its socialistic policies have produced chronic protectionist policy that results in higher wages and higher costs of production that are simply uncompetitive even within the EU. Therefore, France is always at odds with Germany when it comes to trade deals for the EU.
In actual negotiations under the Obama Administration on the TTIP deal with the EU, the process dragged on from 2013 to 2017. Each of the 28 member states had their own protectionist issues. This delayed negotiations endlessly and it demonstrated that the EU structure really did not work. Each country wanted its own deal, but it had to negotiate collectively. So France could prevent Germany and likewise other members could block France. This is the reality of what President Trump walked into. The audacity that Juncker had to explain trade to Trump with flash cards was probably the most arrogant statement I have ever read from a government that is clueless. Trying to negotiate trade with the EU when its own 28 member states fight with each other is impossible. Already, Trump offered to eliminate all tariffs. Germany licked its lips. France said NO WAY!!!! Who needs the flashcards?
The only possible tactic that Trump could take to break this deadlock was to threaten wholesale tariffs. The Europe-wide tariffs were the only possible way to deal with the situation that probably still will not lead to some universal commitment to real free trade on either side of the Atlantic. It is Europe that is burdened with protectionism that has for decades put up a significant renaissance against free trade.
Trump’s favorite slogan, “America First,” has gained all the headlines and people PRESUME he is starting some protectionist war. In reality, there is NO free trade whatsoever and this issue of trade is like someone who punches you in the face, but the police charge you with assault for hitting the person in retaliation and ignores any evidence that they hit you first. TTIP was a complex mess and by no means would it actually create free trade. It was all about protectionism simply labeled free trade. The EU structure is hopeless. It wants to pretend it is a “single market” but it cannot negotiate any trade deal because it is 28 members who have to unanimously agree and that took 4 years to reach TTIP and a complete mess.
Of course, the media generally at large just like to bash Trump. Why bother explaining the real nightmare of tariffs and duties which are merely tariffs in sheep’s clothing.
QUESTION: Mr. Armstrong,
President Trump is claiming that he has come up with health care programs for employees that have lowered the cost below Obamacare. Do you think this is a true statement? Trump also claims he is coming up with even lower health care costs. Amazon, JPMorgan and Warren Buffet are creating healthcare services for their companies that will lower their company costs. Do you see that health care costs are being disrupted and will go down overall in the future?
Thank you for your comment.
ANSWER: Obamacare was done for the hospitals so they would not have to hand out free care to illegal aliens. The Clintons made student loans not dischargeable for banks. It just seems like the socialists can always ben bought. That is probably why the HATE Trump so much.
There is no question that healthcare costs can be reduced by 50% or more. They have risen far more than anyt5hing else in the economy. During the 1980s, we provided health care to employees and their entire family. The cost was perhaps $3,000 a year. It is nothing more than a giant money-laundering machine. My insurance doubled under Obamacare laws and my coverage declined. If we stop the corruption of buying politicians, we could actually be so much better off. This is one reason they are so intent upon getting rid of Trump. They do not like it when they dod not own the politicians. Trump says some things that are off-color, but at the same time, you at least know how he thinks. That is still better than someone who lies to your face and then stabs you in the back
QUESTION: Mr. Armstrong, you obviously have a database on Italy that is without comparison. Nobody else even had a chart on the Italian lira you recently published on the blog. I know you are well aware of the revolutions in Italy and the history. I was wondering do you have any forecast for the next revolution? It seems that the five-star movement may perhaps be the beginning. Any hint about the future?
VDM
ANSWER: Well to give you a target year where it can begin will be 2021. The Five-Star Movement is indeed the prelude. However, the attempt to stay in the Eurozone will be the undoing of Italy. The most threatening issue in Italy that will lead to revolution is most likely an attempt to raise inheritance taxes as being suggested by Brussels.
Culturally, Italy has the lowest inheritance tax in all of Europe. The German inheritance tax rates range from 17% to 50%, depending on your relationship to the decedent. In Italy, the Italian Inheritance Tax (Imposta sulle Successioni) is applied to all the assets worldwide belonging to the deceased if the person is a resident of Italy ONLY. If the person lives outside of Italy, then the tax is applied ONLY to assets in Italy. Where everyone else has generally inheritance taxes of 15% or higher for the immediate family, Italy that rate is just 4%. Here is the breakdown:
4% to be paid for transfers to the surviving spouse and children, with an exemption of Euro 1,000,000 for each beneficiary
6% to be paid for transfers to brother and sisters of the deceased, with an exemption of Euro 100,000 for each beneficiary
6% to be paid for transfers to relatives within the fourth degree of relationship to the Deceased, and other relatives on the spouse side up to the third degree (no exempt amount is available)
8% to be paid for transfers to any other (unrelated) parties.
So why do I say that inheritance taxes are the greatest threat to Italy? Rental income in Italy is extremely low. People have plowed their savings into real estate BECAUSE of the inheritance tax. Many have numerous properties and rental income just pays for the taxes and maintenance. If the inheritance tax is tripled, as Brussels suggests, what you will see in Italy is the biggest crash in real estate in modern history. This will be like taxing your bank account by 50%+. Many people use real estate, as they do in China, as their savings. In 2017, part of the very reason why the Five-Star Movement won was also the drastic imposition of property taxes in Italy. If it is your primary home, there was a 2% stamp duty to buy it. A second home was hit with a 9% stamp duty tax. However, if you say it is your primary residence to pay only the 2%, the government will check you for the first 5 years and if they determined you do not live there for the minimum 6 months, the penalty imposed will be 20% of the value of the property. Effectively, that is the imposition of a sales tax when you buy the home. You then have an annual property tax between 0.4% and 0.7% of a property’s fiscal value (valore catastale), the rate being decided by the local municipality according to a property’s size.
The tax reforms that have begun post-2016 are already creating political unrest. A change in the inheritance tax on top of the changes in 2017 to the property tax threatens to undermine the real estate market and that will come back and further bankrupt the banks. It is simply beyond the contemplation of how these people in power only look at their theories and are so desperate for taxes, they are blind to the consequences they are setting in motion.
Unfortunately, 2021 will be 3 waves of 51.6 years from when in 1866 Victor Emmanuel allied himself with Prussia in the Third Italian War of Independence. He eventually entered Rome on September 20th, 1870 and set up the new capital there on July 2nd, 1871. The next wave brings us to 1918 which is the final unification of Italy when the Terre irredenta joined the Kingdom of Italy. Going into the next wave is when you had the National Front (Fronte Nazionale, FN) form which was a neo-fascist political party in Italy during 1967. The peak of that wave was 1970, which marked the National Front’s failed coup attempt launched in December 1970, with the group disappearing soon afterward. This brings us to 2021 for the peak of the next wave. Each wave has brought political change so we are more likely to see a crisis unfold in Italy and this may lead to the crisis in the Euro
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