Clinton Foundation Targeted by FBI – About Time!


What goes around, comes around. The Democrats intend to turn-up the heat on the Impeachment of Trump. That is all they have to run on in the midterm elections in November. They voted against any tax reform and simply oppose anything offered by the other side. Politics has just degenerated into the obstruction and neither side seems willing to work together. With the Democrats trying to use the Impeachment Card to trump Trump, the game is now afoot and the niceties are off the table.

Now the US Federal Bureau of Investigation (FBI) has reportedly targeted the foundation of former President Bill Clinton on suspicion of political favors in exchange for donations to the Clinton Foundation. The allegations refer to the period from 2009 to 2013, when Hillary was US Secretary of State. A spokesman for Hillary Clinton told “The Hill” that the FBI investigation was “fraud.” This is really an insult to common sense. As soon as Hillary lost the election, all the foreign governments, including Saudi Arabia, withdrew their “donation” for a smoke-screen charity.

The Clinton Global Initiative was their pretend centerpiece to which they claimed its goal “convenes global leaders to create and implement innovative solutions to the world’s most pressing challenges.” This was their claimed effort to influence world leaders while, of course, raising cash for the Foundation from world leaders. As soon as Hillary lost the election, her position of “influence” came to an end. The Clintons began immediately laying off all staff as of April 15th, 2017. The Clinton Foundation said in a filing with the New York Department of Labor reporting it will layoff all staff citing the discontinuation of the Clinton Global Initiative.

It really would be nice to see this exposed for what it is. Bill sold Presidential Pardons to the highest bidder. Not only Marc Rich, but there were countless others. I knew of one kid in Federal Prison in Fort Dix, New Jersey who was bragging he would be released because his father paid the Clintons $250,000 for a Pardon. The corruption of the Clintons has been notorious and probably has never been surpassed by any political figure in the history of any nation.

The Municipal Debt Crisis Begins


I have previously reported that about 50% of German municipalities are insolvent. This is a global trend and we are witnessing it in the United States as well. The North Rhine-Westphalian Association of Cities has called for help from the future German federal government as the building crisis among financially weak municipalities continue to escalate. This includes the fourth largest by area in Germany with the capital situated in Düsseldorf. The main cities include Cologne, Düsseldorf, Dortmund, and Essen. They are pleading for a grand coalition between the CDU and SPD to save the municipal governments. With the end of the historic low-interest phase, interest rates are poised to rise dramatically in Europe and they begin to see that the appetite for new debt from the government is sharply declining.

Politicians have been hiding this municipal crisis in Germany until after the elections when it was assumed Merkel would win as always. Now the cat is coming out of the bag and we will begin to see the real impact of nearly 10-years of subsidizing governments by the ECB rather than actually stimulating the economy that never bounced. This is a fundamental background issue behind the rise in interest rates between 2018 and 2021.

US Taxes Can Expose Wealth of Royal FAMILY in UK


The marriage of Prince Harry with Meghan Markle, an American, presents a real nightmare for the Royal Family. Meghan is required by law to not merely pay taxes on worldwide income, but if she receives money from her husband or his family, that will be income of gifts both of which will be taxable in the USA even if she never returns to the United States – EVER!

Worse still, Meghan will have to file Form 8938 if she has more than $300,000 worth of assets in any given tax year. She is already a millionaire for her acting career so filing Form 8938 means she will have to reveal in great detail all assets she owns. This may now include foreign trusts and details of the royal family’s estate that was previously undisclosed. One the USA and Japan tax worldwide income. Everyone else is far more civilized. You do not pay taxes if you live overseas. The theory is rather simple. You pay tax because you are using the services. Under USA law, you are owned by the government and are thus the property of the state and whatever you make even living outside the USA, taxes art due.

The tax code is proving a difficult obstacle for the Royal Family.

Cross the Line & They Go Nuts


COMMENT: They use to call you Mr. Yen. They also called you the manipulator of the world. Then it was the legend. Now they will call you Mr. Dow.

All the best

SJ

REPLY: Well, they always have to find someone to blame. Cross the line and try to explore new methodologies and they just go nuts. I can understand Mr. Yen, and I get the crazy allegation by the government that I manipulate the world economy, but the “legend” I really remain clueless as to what that one is about. As to Mr. Dow – well I suppose that’s next in the queue.

They prefer to always claim I have too much influence rather than look at what I am saying and the methodology. It is just human nature to desperately try to keep everything unchanged. Labelling someone is a form of downgrading them.

BitCoin Reality Check?


At What Point do we reach Euphoria in the Equity Markets?


QUESTION:

Marty,

John Templeton has said “Bull markets are born in pessimism, grow on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” “If you want to have a better performance than the crowd, you must do things differently from the crowd.”

My question is…….. at what point do we reach euphoria in the equity markets?

ANSWER: Our Energy Models are designed to ascertain that dimension of a market. Naturally, everyone responds to whatever the last event is in recent memory. Therefore, the 2007-2009 Crash lives on in their experience so that means they will be skeptical of new highs. We have witnessed that with analysts constantly calling for every new high would be the last. They keep trying to forecast the last event because they missed that one as well.

The only way to approach this is from a quantitative viewpoint. Human opinion will inevitably be wrong no matter who it is. How the market responds to our Energy Models is critical for long-term forecasting. Look at the chart for 1929. Here you see that there is a huge spike in energy which peaked in February 1929. The market rallied to new highs but note that the Energy Models we not making new highs. This peak BEFORE the major high confirmed a very serious undermining of the market structure warning that this type of high was a Bubble and therefore would not be exceeded for decades.

Now compare this to the Energy Models for the 2007 high. We do not have aBUBBLE formation at all and the high came on the reaction high following the major high for the move. This confirmed this was by no means a BUBBLE and in fact new record highs would be make once again.

Let’s turn to the DOT.COM BUBBLE. The first thing you will notice is that the Energy was clearly in a BUBBLE formation. The slight difference here is that the Energy Model peaked the week after the high rather than before. This confirmed that it was not going to be a 1929 type event and the new record highs would be made which indeed unfolded in April 2015 which was 61 quarters intraday and 66 quarters to close above the 2000 high on a quarterly basis.

Here is gold for the 1980 BUBBLE. Once again you see the extreme BUBBLE formation and here the peak took place with the peak in gold. So while we are not looking at the same type of formation with the peak unfolding in advance of the high as in 1929, this reflected that gold would eventually make new record highs within a mid-term perspective. Unquestionable, it took 19 years for gold to decline before the major low was established. Gold finally exceeded the 1980 high during the crisis of 2008.
Now, let us look at the current situation. Again we do not have a major BUBBLE formation. What we do have is a market that is still expanding and in fact, the high on our Energy Models on the weekly level took place last week. This implies we would still press higher into January and that has been out target once you exceeded the November high.
We are by no means in a 1929 BUBBLE type of formation. Here is the view of the 1987 Crash. Like Gold, the peak came 1 week following the high. Yet we see escalating advances in Energy leading into the 1987 high. So far, we lack that type of pattern warning that the real advance in our Energy Models is yet to come.
Therefore, the answer to your question is rather simple. It is always a matter of TIME rather than price. As markets rally, human interpretation of price will always be wrong. NOBODY is going to call this final high from a human perspective and anyone who claims that will be a fraud. It is not a matter of opinion for we can personally only forecast what we think is possible, to begin with.

The 2017 Closing US$ – Gold – Dow


The Dow failed to OPEN above the 2017 Intraday high so we are not yet ready for prime time. This is still a 0ff-Broadway play, but we are getting closer. The dollar still finished neutral so it too is not yet ready for its move higher. Gold closed in a positive position for the end of 2017 confirming the posture in the dollar.

We will review all the world markets for 2018 in the coming Outlook Report for 2018.

Housing Begins to Crash – Australia – New Zealand – London


Property values are starting to crash hard in Sydney Australia, New Zealand, and London. Politicians are simply idiots. They all targeted foreigners buying property as the leading cause for the rise in housing prices. What they failed to grasp is that people spend more money when they THINK they have equity in their home. Whenever housing starts to decline, so does consumer spending and guess what – you get the economi9c downturn. Dah!

Universal Basic Income – Insanity or Rational?


QUESTION: What is your opinion of Elon Musk and Mark Zuckerberg idea of universal income?

ANSWER: The idea of free money being touted by Elon Musk and Mark Zuckerberg only demonstrates that they know nothing about humanity or economics. They see universal free money as a cushion for workers whose jobs might be replaced by automation or robots. They argue that free money could provide workers with the flexibility to retrain for a new career, pursue creative interests, or start their own business.

If we are talking about a temporary benefit during a retraining period, then that is an entirely different idea from a universal basic income guarantee. You can drive down the streets in New Jersey and you see hand-made signs posted that they pay cash for diabetes medical material handed out free by the government. They also sell food stamps. You cannot change humanity. Some people will obey the rules and others will circumvent them.

The last thing you want to do in society is provide to the population some sort of guaranteed income where people can stay home and do nothing. This will foster the same hatred of anyone who works and has more than they do and it will promote hatred and class warfare.

When the automobile was invented, that displaced people who were carpenters making wagons. When the Dust Bow hit during the Great Depression, it added to the displacement of farmers. The tractors replaced people tilling the soil just as the cotton gin replace slave labor in the South. Technology will always replace workers and the greater the tax burden, the greater the incentive to replace workers.

Neither Elon Musk nor Mark Zuckerberg has any clue about economic history for if they did, they would understand that technology always advances and displaces segments of the workforce. This is also one reason governments like war to thin the herd when unemployment rises.

Providing free money is actually an experiment in Finland. It began one year ago taking 2,000 unemployed Finns who were randomly selected from across the country for a trial testing universal basic income. Each month for two years they would receive €560 euros from the government, tax-free. They can spend the money however they decide. The plus of this program is the reduction in bureaucracy. As I said, the US government hands out food stamps but people sell them. From an economic standpoint, this system is less costly than the current one in play with bureaucrats determining what they will allow people to have or not. The full report on the Finland experiment will not be issued until the 2-year program is complete after January 1st, 2019.

 

War in the Classroom


By Tabitha Korol       

The year was 2011, and a freshman in Newton South High School, in Newton, Massachusetts, asked her father if it was true that the “Israeli occupation forces” had “imprisoned, tortured and killed” hundreds of Arabic women who had been “active in the Palestinian resistant movement.”  Her father, Tony Pagliuso, asked for the source of this misinformation.  It was her 540-page Arab World Studies Notebook, a highly explosive textbook filled with fabrications, shown to contribute, at least in part, to the marked decrease, from 84 to 57 percent, in student sympathy for Israel. In another textbook, The Cultural Landscape: An Introduction to Human Geography, a question reads, “If a Palestinian suicide bomber kills several dozen Israeli teenagers in a Jerusalem restaurant, is that an act of terrorism or wartime retaliation against Israeli government policies and army actions?”  These are not unique.

The editor, Audrey Park Shabbas, employed by Arab World and Islamic Resources and School Services, authored the volume to improve the Arab image because the truth is unpalatable in Western society, and the Israeli image is scapegoated in the process, consistent with the 1400-year Islamic war against Jews and Western civilization.  Schools also distribute Scholastic’s maps that omit Israel from the modern Middle East.

Other education sources used across America are the Internet’s Flashpoints: Guide to World Conflicts, which identifies Jerusalem as the capital of (the non-existent) Palestine; handouts that omit the numerous and deadly Arab terrorist attacks on Israel; and A Muslim Primer that presents a deceptive, sugar-coated version of the subjugated Muslim woman’s life.  Biased textbooks in use throughout America are World History: The Human Odyssey; World History: Human Legacy; World Civilizations: The Global Experience; A Muslim Primer: Beginner’s Guide to Islam, and more.  I have personally reviewed four textbooks and written exposés accordingly, and many concerned professionals and members of the public are working hard to combat the manipulation of our youth, but the disinformation continues to proliferate.

More than 10,000 teachers attended Shabbas’s hundreds of three-day teacher-training sessions from 2000 to 2006, and were thus persuaded and made skillful at reaching and indoctrinating more than 25 million students over ten years.   Additional corroboration comes from visiting biased speakers, such as the notorious anti-Israel Noam Chomsky, an aficionado of the Iran-supported, world’s most powerful terrorist group/army, Hezbollah, responsible for large-scale bombings and suicide attacks on Americans and Israelis; Linda Sarsour, anti-Semite, jihadi and proponent of FGM (Female Genital Mutiliation); and academia’s Paul Beran, then-director of Harvard University’s Outreach Center, now leader of SHARIAsource, recognized for promoting BDS (boycott, divestment, sanctions) against Israel to the Presbyterian Church.

It took alert parents and involved citizens and intense investigation and reports by The Massachusetts Board of Education, Americans for Peace and Tolerance (APT), the American Jewish Committee and Verité Educate to expose Newton High’s ethical violations and unacceptable practices and to finally have the school admit the Outreach Center’s strong influence.  Key criticism was leveled at Harvard International Review’s Hatem Bazian’s fallacious portrayal of Palestinians as the indigenous victims and Jews as the colonialists; at the textbooks for their academic dishonesty through inaccuracies, false information, plagiarism, deceptive editing, and hate-filled, religious-proselytizing websites; assignments designed to prejudice students toward a suicidal one-state solution for Israel/the West Bank/Gaza, revealed in Miriam F. Elman’s “Palestinian Propaganda is  Infiltrating US Public Schools”; and biases against Israel and the US while sanitizing Islamic ideology and terrorism, explained by Rafael Medoff in Breaking Christian News.

Examples of other schools across the country that inculcate Islamism and unfairness in the classroom include Bellaire High, in Houston, Texas, cited for extreme claims about Israel’s history; Carlmont High in Belmont, California, which invited Linda Sarsour and other anti-Semites to advocate BDS and tutor radical positions against Israel; and La Plata High, a Maryland public school that forces the children to learn about Islam, memorize the Five Pillars of Islam, and recite the Shahada, the Islamic oath of conversion.  By contrast, there is a considerable lack of parallel information being taught about Christianity and Judaism because Islamists precedently announced their aversion and umbrage.  This generation of children is being fed an egregiously biased version of an ideology that is incompatible with democracy and corrosive to our beliefs, morals, and ideals.  Let us be clear: their ultimate purpose is the conversion of our children.

The Intense focus on Islamic subjects is carefully selected.  For example, the status of women is profoundly misrepresented, the origin and purpose of their sharia-compliant clothing falsified and unsupported by scholarship.  One author asserts that “Islam and the Quran created major improvements in the status of women,” when the truth is otherwise.  The worst conditions for women are concealed, including the practices of genital mutilation and honor killings; accusations of adultery and stoning; their treatment as property and legal inferiority; endorsed beatings by their husbands; the fact that a woman may have no rights to show her face, walk alone, drive a vehicle or attend schools. International speakers and experts who offer genuine facts, such as Ayaan Hirsi Ali, Anni Cyrus, Brigitte Gabriel, and Noni Darwish, are not among the invitees.

The textbooks elevate Islam over Judaism and Christianity, one being John Esposito’s Islam, the Straight Path, in which he declares that revelations given to the Jews and Christians were false. By contrast, he cites as truth, rather than belief, that God sent Muhammad as his final messenger and that God’s sacred language is Arabic.  Students write about Moslem pilgrimages, including to Jerusalem as “your homeland,” when Jerusalem is never mentioned in the Koran.  Many textbooks explain the rise and spread of Islam as being a successful acceptance of ideas, rather than the result of persecution and wantonly destructive conquerors who beheaded the non-believers, kidnapped the women for forced conversion and sexual slavery, and enriched themselves with appropriated bounty.

The textbooks’ definition of jihad varies from the benign, the spiritual struggle within oneself against sin, to the traditional, the struggle against the enemies of Islam, but the goal is always the same – that of bringing the whole world under Islamic law, as explained by Bernard Lewis. Omitted is the account of hundreds of members of the Jewish Meccan tribe, the Quarayza, beheaded in 627 AD for rejecting Muhammad as Prophet, and the more than 109 verses in the Quran that decree violence and death to Jews and Christians, and the destruction of Israel.

Not found in textbooks is Israel’s history – not 1948, when five surrounding Arab states declared war on the new state of Israel and lost, or 1967, when the Arabs again attacked Israel and lost, leaving behind Arabs who stayed and accepted Israel citizenship and Arabs who fled and remained as stateless pawns, neglected by their brethren.  Mislaid is the number of Jews – between 800,000 and one million – who fled for their lives from Islamic countries, and were absorbed by Israel.  Missing are a timeline that would verify Israel’s attacks as retaliatory to the Arab leaders’ calls to annihilate Israel, and a correct definition of the Israeli-Palestinian conflict as “religious,” as declared in the Quran, confirming that anti-Semitism is integral to the Moslem culture. The textbooks do not explain Islamic terrorism and radicalism as religious precepts of jihad, or the incitement to hate that permeates Palestinian and Islamic society. Palestinians extol terrorism, praise terrorists as heroes and deceased murderers as martyrs after whom streets, cultural events, and public squares are named, and for which parents are handsomely rewarded – with “humanitarian aid” funded by UN countries. Anti-Semitism is endemic to the Koran, and none of this is mentioned.

The correct definition of Islam, with its religious, legal, political, economic, social and military components is a 100% system of life, and the greatest threat to the world.  There are organizations that work to free our schools of Islamic propaganda, but the programs of study have been bought and paid for by the Saudis, and theirs is the agenda.  Hence, the lessons are plagued with poor scholarship, revisionism, and blatant anti-Israel bias, and supported by a corrupt media that fuels the skewed perspective.

It is now evident that we are at war, a war that is being waged in the classroom, with its weaponry aimed at our children’s minds.  The diligent work, “Indoctrinating our Youth,” by CAMERA, Committee for Accuracy in Middle East Reporting in America, has resulted in the removal of some curriculum materials, but not all.  Despite parental rights to know what their children are learning, teaching staff does not provide full disclosure.  And, for every school that removes falsehoods, there are a hundred more that are continuing its use, now beginning at 3rd grade level.  It is up to us to pursue what must be stopped for the sake of our survival as a republic.  Go to www.schoolbias.org or call CAMERA, at 617-377-6911.  To quote a popular phrase, “If you see something, say something.”