OF Course they can the NSA and Microsoft are after the same things — the NSA has tecK and money and MS has common core and money. What that both want is in your head and they will get it one way for the other.
Tag Archives: police asset forfeiture
TRUMP TO PASTORS: ‘CHRISTIANS HAVE BEEN SILENCED LIKE A CHILD’
Aug 14, 2016
Republican presidential nominee Donald Trump is laying out a plan to protect pastors from the IRS.
On Thursday, he addressed hundreds of faith leaders at a Pastors and Pews conference in Orlando, Florida, saying the government has been trying to hinder the influence of Christians in the political system for years.
“Christians have been silenced like a child,” Trump told his audience Thursday afternoon. He says it is particularly a problem with the Obama administration.
His speech encompassed the current trials Christians have been facing in recent weeks and over the past few years in the country when it comes to freedom of speech — limitations he says have come mainly from the White House or connected to it.
His solution? Repeal the Johnson Amendment.
The 1954 legislation created by then Sen. Lyndon B. Johnson limits the free speech of pastors, essentially threatening to take away a church’s or non-profit’s tax-exempt status for endorsing or opposing a political candidate.
“They get absolutely hit with the 501(c)(3), which is the tax exempt status, which is a tremendous hit. It’s a shattering hit, and it really keeps them silent,” Trump told his audience Thursday afternoon.
“Free speech is being taken away from people who are saying good things, not bad things. And if I can do that, I will have done a great thing for religion as a whole, and it’s so important to me,” he said.
Trump knows it’s a major selling point to get Christians from the pews to the polls.
“The words I said today are so important. I was honored to get the ovation I got, but they understand. I think it will be a tremendous achievement if we can get it done, and I know we can get it done,” Trump told CBN News.
“If we can get elected, that’s why I say on November 8, everyone has to get out and vote because four years ago evangelicals didn’t get out and vote. Christians didn’t vote,” he said.
The business mogul is trying to change that by attending events like Thursday’s Pastors and Pews conference — and by showing a softer, more humble side.
“In your RNC acceptance speech, it was a really endearing moment, you thanked evangelicals for their support but you said, ‘I don’t necessarily always deserve it.’ Why did you say that?” CBN’s Jenna Browder asked.
“Well because I think I’m not perfect, and because I think I’m less perfect than some people,” he replied. “But I have certain abilities that are good, like, being able to do things, and I think I’ll be able to things that will be really great for the evangelicals and others and they understood that.”
But some are willing to look beyond that. In fact, many evangelical Christians believe that Trump has been chosen “for such a time as this.”
But Trump shied away from the notion that this is a divine calling.
“Well, you know I’ve heard that from others, and I’ve heard it from pastors. I’ve heard it from others. You know I really don’t even want to think about it because it’s too big of a burden,” he told CBN News.
“But I can say this, that if I can do what I say I can do — and I’m not only talking with the military and building it up and safety and security, ’cause our country is in bad shape in so many ways — I’m talking, we can open up the voices of great people and the pastors and the ministers, and the priests and the rabbis and the people of religion. I think that will be something I will be so proud of,” he said.
Divine calling or not, Trump says he’s a friend to Christians.
“They believe so much in religious liberty as I do,” Trump told the Pastors and Pews audience Thursday. “Without religious liberty, you don’t have liberty.”
And that’s exactly what evangelicals want to hear. But Trump still has his work cut out for him. Most of these pastors who attended the conference are on board, but admit he wasn’t their first choice.
“We don’t know what we’re going to get from Donald Trump, but we do know what we’ll get from Hillary Clinton,” one pastor said.
While the attending the Pastors and Pews event was a move in the right direction for Trump, only time will tell if it translates in the polls.
COMMENT
I read some liberal propagandist say that Trump promised to do away with a non-existent threat to Pastors. That liberal was probably not a church goer and probably did not check with a Pastor before writing.
*CBN neither supports nor opposes any candidate for public office.
KOMMONSENTSJANE – TED STRICKLAND/OBAMA, DEMOCRATS, LAUGH ABOUT DEATH OF SCALIA
Died of Natural Causes or something else like much of this “transparent” administration we are looking through a lead wall most of the time.
DISGUSTING: Prominent Democrats LAUGH About Death Of Scalia – On TAPE!
SOOPERMEXICAN
Featured Contributor
obama and ted strickland laughing
In yet another episode that shows just what scoundrels Democrats are, a former Governor of Ohio made a joke about the death of conservative icon Scalia, and it’s all caught on audio tape!!
It happened while he was talking to union members, who all laughed on cue:
Wow, pretty disgusting!!
Here’s more background from CNN:
Speaking at an AFL-CIO event in Ohio Monday, the Democratic candidate noted the importance of which party controls the White House and Senate next year.
“…The death of Scalia saved labor from a terrible decision,” he said, according to a recording issued by the NTK Network, which calls itself a news aggregation site. “And I don’t wish anyone ill, but it happened at a good time. Because once that decision had been made, it would have…
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Why Corporate America Can’t Prop Up Stocks Much Longer
More good news from the private sector — well almost private as the Fed’s are into everything now!
The New Highs in US Share Market Are they the Prelude to a Crash?
Armstrong Economics Blog
Re-Posted Aug 14, 2016 by Martin Armstrong
Finally, the Dow made new highs in the face of constant calls for a crash. This past week, in a horse race we would call it a trifecta where the Dow Jones Industrials, S&P 500,and the NASDAQ all made new record highs. This sent a bunch of analysts to look again and began to proclaim that this was the first time that all three major indices have reached new highs on the same day since 1999. They then look at the charts and pronounce that the 1999 rally lasted only until 2000 and then crashed. Of course that was the DOT.COM Bubble and there was a massive wave of retail investor in the market back then compared to today.
There really is nothing similar whatsoever to this latest pronouncement. As always, people will try to reduce everything to turn upon a single reason. Here is a chart of the S&P500 and the crash of 1998, which was the Long-Term Capital Management debacle and the fall of Russian debt.
The market again peaked exactly to the day of the ECM back then. However, the crash was 58 days and then in 32 days the market rebound to the former high. Note that the there were three lows with the last and final low creating a Slingshot move, As I have warned, these type of moves are the most powerful and very necessary to propel any market to new record highs. You simply must trap the majority on the wrong side of the trend,
The DOT.COM Bubble was the last great capital inflow from around the world. Both Europeans and Asians were pouring money into the DOT.COM Bubble – it was by no means a local event. This move was the classic Phase Transition. However, when we look at that in terms of the Euro (which we recreated using the same formula extending back in time), we get the same Phase Transition rally
We do not see a stark difference between the patterns in dollars as we see in euros. Hence, this attracted foreign capital creating an explosive rally which we call the Phase Transition.
Now, when we look at the current position of the NASDAQ both in dollars and euros, we see something different. In dollars we made the new highs. However, when looking at this is euros, we do not yet see new highs being made. As always, things are not always as they seem to the local observer.
So the last magic formula going around was the 9 day consecutive decline which was supposed to lead to a crash. OOPS. Here might be another brilliant observation.
The Panic of 1683 Was the First
Armstrong Economics Blog
Re-Posted Aug 14, 2016 by Martin Armstrong
This is the list of panics I discovered in the library at Princeton University. I simply added the period of 224 years from 1683 to 1907 which yield 8.615 as the common frequency dividing that period by the 26 events. I did not expect this to produce events to the day. The mere fact that events would happen precisely to the day as they did in 1981, 1985, 1987, 2001, 2002, and 2007 just to mention a few, beat the odds that this was somehow just coincidence or dumb luck. It has been fascinating discovering how this frequency has dominated history from ancient times to the present.
From the collapse of the Roman Monetary System to just 8.6 years or six wave creating 51.6 years intervals like the collapse of the Roman Follis. It is fascinating to say the least that such a calculation has been so powerful throughout nature, humanity, and destiny.
Nevertheless, by dumb luck, this list of Panics was international and not relegated to a single isolated country. With 1683 for a start, that was the financial panic that disrupted Europe for the Ottoman invasion of Europe with the attempt to take the capital of Europe, the seat of the Holy Roman Emperor in Vienna. So where this calculation began, obviously included was as well.
Germany the 800 pound Gorilla
Re-Posted Aug 14, 2016 by Martin Armstrong
This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee with less than 10,000 in population, announced it will begin charging retail customers to hold their cash starting in September. This will apply to accounts greater than €100,000 euros. This means the bank will charge customers 0.4 percent, which amounts to a direct pass-through of the current level of the ECB’s negative deposit rate. After speaking directly with banking sources, what is happening is that cash is flooding into German banks from around Europe just to park avoiding the negative deposit rate. Now, the banks are starting to pass the negative rates back to the clients. However, much of this flow of capital has also been money fleeing other banks outside of Germany for fear that the euro will break and they will get Deutschemarks.
However, THE 800 POUND GORILLA in the corner of the room is Deutsche Bank itself. Rumor has it that its derivative book is 5 times the GDP of Germany. The real issue here is what happens when Deutsche Bank needs more than a banana? This is the largest bank in Germany and thus the most important bank for all of Europe even if you do not bank there. Can Germany really allow the BAIL-IN process to take place? Politically, this would be total disaster economically, politically, and for the stability of the EU itself. The theory which destroyed Cyrus and has wreaked havoc in Greece, if applied to the largest economy of Europe, will destroy all confidence in Brussels.
Does the fate of Europe hinge on the fate of Deutsche Bank? If the Germans blink, what are the ramifications that will reverberate throughout Europe? These are issues we will discuss at the upcoming WEC Institutional Session.
Solar Physicist Sees Global Cooling Ahead
Armstrong Economics Blog
Re-Posted Aug 12, 2016 by Martin Armstrong
While the government is using the global warming theory to raise taxes, the real danger is global cooling. The significance of being unprepared means that we will face a rising threat of a food shortage in the years ahead. This is the real danger of global cooling.
It does appear that we are looking at a rise in food prices after 2017. This will, in part, be caused by weather, but we must also respect that there is rising civil unrest that typically corresponds to a reduction in food supplies.
Productivity unexpectedly drops for third straight quarter…
NOT A GOOD SIGN
IMF & Gold Reserves
Armstrong Economics Blog
Re-Posted Aug 10, 2016 by Martin Armstrong
QUESTION: Mr. Armstrong; People are adamant that there is a move to return to the gold standard. They claim various scenarios. Is there any such plot by the IMF and it seems strange that the ECB gold reserves are minimal. Can you explain the truth in this matter?
Thank you
GS
ANSWER: The IMF has actually been jockeying positions for decades to remove gold as a monetary instrument quite to the contrary of these reports. IMF Special Drawing Rights (SDR) was first established with one SDR being equal to 0.888671 gram of fine gold, which was the par value of the US dollar on July 1, 1944. The IMF acquired its gold holdings through four main channels. First, 25% of initial quota subscriptions to join the IMF and subsequent quota increases were to be paid in gold. This represents the largest source of the IMF’s gold. Furthermore, all payments of charges (interest on member countries’ use of IMF credit) were also normally made in gold. The structure was established with Bretton Woods and then a member wishing to acquire the currency of another member could do so by selling gold to the IMF. The major use of this provision was sales of gold to the IMF by South Africa in 1970–1971. Thereafter, member countries could use gold to repay the IMF for credit previously extended.
The IMF has decided to either return gold to member countries or to sell some of its holdings. The reasons for this are varied; between 1957 and 1970, the IMF sold gold on several occasions to replenish its holdings of currencies. The IMF also sold gold to the United States and invested in U.S. government securities to offset operational deficits during this same period.
The Second Amendment was to make the SDR the principle reserve asset in the international monetary system, paving the way to remove gold as the ultimate reserve asset. The Second Amendment to the Articles of Agreement in April 1978 fundamentally changed the role of gold in the international monetary system by eliminating its use as the common denominator of the post-World War II exchange rate system. Gold ceased to be the basis of the value underlying the SDR. The Second Amendment, therefore, abolished the official price of gold and ended any obligatory use in transactions between the IMF and its member countries. Consequently, the Second Amendment of 1978 decreed that the IMF would no longer manage the price of gold or establish a fixed price. This, in part, helped the rally initially to $400 by 1979.
Under the Second Amendment to the Articles of Agreement, the use of gold in the IMF’s operations and transactions was very limited. Furthermore, the IMF may sell gold outright according to prevailing market prices under the 1978 Second Agreement. It may accept gold in the discharge of a member country’s obligations (loan repayment) at an agreed price based on market prices. This officially ended the idea of a gold standard set out at Bretton Woods. If the IMF were to sell gold, it would require Executive Board approval by an 85% majority vote. Therefore, the Second Agreement eliminated any IMF authority to engage in gold loans, gold leases, gold swaps, or use of gold as collateral. The IMF also no longer had the authority to buy gold under the Second Agreement formally ending the gold standard.
So in short, the IMF had been desperate to remove gold as a monetary instrument. From the mid-1960s, the total central bank gold reserved fell by about 25% by 2007. There is no evidence of any intent to return to a gold standard, and if anything, the hope is that the IMF will take on the role of making the SDR the new reserve currency that will replace the dollar when everything crashes and burns.
Centinel2012 