Tag Archives: Political Corruption

Sep 28 2020

Capital Flows Will Be the Key


Armstrong Economics Blog/Economics

Re-Posted Sep 27, 2020 by Martin Armstrong

QUESTION: Mr. Armstrong,
If this “Great Reset” movement pushes gold underground, what kind of a future do we really have?

HR

ANSWER: On election night, Trump should win. However, the real question will be the mail-in ballots, and are they legitimate. As I have said, it really does not matter who wins from the perspective of the model warning that we will see a rise in civil unrest. NEITHER side will accept a loss. As I have said before, if the guy you voted for lost, it was no big deal, you went on with your life. Obama may have said all kinds of nonsense against Bush from Quantanamo was illegal to his authorization of tapping into US phones. But at the end of the day, Quantanomo was still there when Obama left and the surveillance only increased under Obama. The DEEP STATE runs the show and the trend never really changed.

If you look to France, they imposed a 10% tax on gold. I have friends there you buy their gold but post it to Belgium. We have to understand that is far beyond simply Republican v Democrat. Those are the old days. These people are really trying to seize control of the world to push their agenda of POPULATION CONTROL and CLIMATE CHANGE.

There is no way they will achieve their goal. This is wildly naive and it requires an academic to come up with this nonsense. There are two things that they have completely gotten wrong and it seems willing. (1) Climate Change and (2) the Business Cycle. Civilization expands with warming periods and contracts during cold periods. To listen to these people who argue that climate change is caused by humans cannot be supported by the data. We certainly do not want to live in pollution. We need clean air and clear water. But pollution does not change the climate. There are far bigger cycles at work.

Insofar as the business cycle is concerned, this is driven also by weather as well as innovation. The idea that we can create an economy that is the perfect utopia where there is never a recession or depression is absolute nonsense. Just look at any market from stocks and bonds to commodities. Everything fluctuates.

These two assertions that they can manipulate the climate and smooth the business cycle to create the perfect world is the dreams of madmen who are not satisfied with the way things actually work in this universe.

The BOTTOM LINE will be capital flows. What we must be concerned about is that there will be capital restraints imposed in different countries. Cutting off international travel is highly dangerous. The USA is no exception. All my staff outside the country cannot visit for everyone’s visa has been canceled. In Europe, Americans will be prohibited from traveling there without preapproval BEFORE you can even buy a ticket starting in 2021 and that was before COVID. We are staring at a deliberate move to reduce air travel as part of this Climate Change agenda without formally stating so.

This is no longer about Republic/Conservative v Democrat/Labour. There is a much bigger agenda taking place which will dictate the direction of the world economy ahead of us.

Sep 28 2020

Project Veritas Outlines Ballot Harvesting Fraud in Ilhan Omar Minnesota District…


Posted originally on The Conservative Tree house on September 27, 2020 by 

[Minneapolis–Sept. 27, 2020] Project Veritas investigators revealed a ballot harvesting scheme here involving clan and political allies and associates of Rep. Ilhan Omar (D.-Minn.) in the first of a series of reports.

[…] Central to the Project Veritas investigation was Omar Jamal, a political insider active in the city’s Somali community. Jamal works with the Ramsey County Sheriff Department and is the chairman of the Somali Watchdog Group. “I have been involved in the community for the last 20 years.” (read more)

 

Sep 28 2020

New York Times Fails at Outlining President Trump’s Taxes Again…


Posted originally on The conservative tree House on September 27, 2020 by 

Once again the New York Times attempts to make an issue out of President Trump’s real estate holdings working as a tax shelter and reducing income taxes.

In the article the Times completely obfuscates the way income taxes are strategically offset by depreciation, mortgage interest and the entire reason why real estate ownership is viewed as a business.

John Carney writing for Breitbart gets it:

[…] So imagine our guy took out an $8 million mortgage at five percent, paying $2 million cash. Now he’s got to pay $400,000 in mortgage payments. He wants to make at least that much so he charges tenants an aggregate of $425,000, which after upkeep comes out to $410,000 of net income. (Remember, if the bank didn’t think he could make more in rent than the mortgage payment, it probably wouldn’t have lent him the money.) The interest payment on the loan–let’s call it $390,000–is deductible from his income, leaving him with $20,000 in net income. He gets to keep that and pay no taxes on it, however, because he still gets to apply the $370,000 depreciation charge. He tells the IRS he lost $350,000.

Under our tax code, ordinary business expenses can be deducted in the year they are incurred. But when a business pays for a long-lasting item expected to produce income–like machinery, vehicles, or an apartment building–it is considered a capital investment. Instead of getting to write-off the cost all at once, the business is required to write it off over the course of decades. After the 1986 tax code, this was set at 27.5 years for residential real estate. (more)

Anyone who has ever operated a business knows that offsetting income is one of the primary reasons to be self-employed.  Additionally, the Times completely skips over the tens-of-millions in payroll taxes paid by the Trump organization and tens-of-millions in property and sales taxes paid by all of the various Trump properties.

In the commercial real estate market it is common sense to offset income tax liabilities with a host of valid annual expenses, long-term capital depreciation and mortgage interest payments. With over 500 individual business entities within the Trump organization the ability to offset income in one asset with expenses in another is simply good accounting.

Additionally, President Trump donates his $400,000 government salary back to the U.S. government.  So to accuse President Trump of only paying $750 in income taxes totally ignores all of the other donations and tax payments he makes.

In practical terms no President before Trump has ever had his actual business portfolio so deeply connected to the success of the American economy.   It doesn’t cost the American taxpayer a dime to have President Trump in office…. Now let’s figure out how DC politicians making $200k/yr are able to become multi-millionaires while holding office.

Anyone?

Sep 28 2020

Senator Ron Johnson Eviscerates FBI Director Chris Wray – With Documents to Support…


Posted originally on The Conservative Tree House on September 27, 2020 by 

Chairman of the Homeland Security Committee, Senator Ron Johnson, is fired up in this interview with Maria Bartiromo.  Senator Johnson starts by outlining the documents and evidence of Hunter Biden corrupt activity the media refuse to cover…… and then Johnson goes full wolverine on FBI Director Christopher Wray for concealing evidence.

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A few notes. While Johnson’s frustration is righteous, his committee staff did not appear to have a grasp on the majority of evidence that existed prior to mid-2020. That said, we all know FBI Director Wray is part of the ‘resistance’; that’s the reason why AG Barr had to fire FBI legal counsel Dana Boente when Chris Wray refused to do so.

Secondly, something to contemplate -specifically for those who understand how DC information is selectively controlled- there is no better person to deliver the ‘spygate’ gut punch than Maria Bartiromo. Question those “sources” and we might just locate some sketchy narrative engineers presenting themselves as ‘friends’ of the truth.

 

Sep 28 2020

Senate Judiciary Chairman Lindsey Graham Announces Dates and Timeline for SCOTUS Confirmation…


Posted originally on The Conservative Tree House on September 27, 2020 by 

Senate Judiciary Chairman Lindsey Graham appears on Sunday Morning Futures to discuss the latest DC events surrounding senate investigations and the confirmation process for Supreme Court nominee Judge Amy Coney Barrett.  Senate Judiciary hearings begin October 12th, committee nomination likely October 22nd to Mitch McConnell.

As an outcome of his own can-kicking and ‘over-promise/under-deliver’ disappointments Senator Graham has diminished support from the republican base in South Carolina.  As a direct result, Graham uses this appearance to request money for his own reelection effort.

 

Sep 26 2020

New Political Party Launched in Britain


Armstrong Economics Blog/BRITAIN

Re-Posted Sep 26, 2020 by Martin Armstrong

Categories: BRITAIN, Politics
Sep 25 2020

Teaching Children to Think


Armstrong Economics Blog/Education

Re-Posted Sep 25, 2020 by Martin Armstrong

QUESTION: Hi Martin,
Thank you so much for sharing the connections Socrates is making between seemingly unrelated ideas. I’m a high school/collegiate science teacher and am wondering if Socrates has identified any correlations between coming astronomical phenomenon (like lunar phases or planetary alignment) to war or the economy. The information you’ve provided on the Sun has been amazing!
BTW, my students and I use the information you blog about as the foundation for the conversations in our Socratic seminars.
Thanks for all you do!
MC

REPLY: I have not used astrology even though my understanding has been that it was devised by the Babylonians who sought to correlate events on earth to events in the heavens, as well as the movements of the earth and animals. I am not so certain that specific events in the markets can be forecast by that method because things change and there are more complexities involved today. Nevertheless, they may align with what I have to say from time to time. The cycle of the sun 300 years aligned with our 309.6-year cycle. It is interesting that these solar cycles are getting weaker. The climate change that appears to be on the horizon is not global warming, but global cooling.

There is no discussion of even how the poles flip. I worked out the cycles on that from the data that was sent to us to see what Socrates would come up with. It turned out to be a 720,000-year cycle, so unfortunately we do not have an account of what took place the last time. Nonetheless, we are in line for that change perhaps post-2032. The poles flip every 11 years on the Sun. But, nobody lives there to explain the impact. There is no discussion of the sun cycle nor the movement of the poles in this climate change scenario they put forth where they claim we will all die after 7 years.

I am thrilled that you are teaching your students how to think. I really wish more teachers stopped the brainwashing and open their own eyes to the agenda being forced upon the youth for nefarious purposes.

Sep 25 2020

Thoughts on Durham, Barr, Jensen and DOJ Production to Sidney Powell From Time Outside the Wire…


Posted originally on the Conservative tree House on September 24, 2020 by 

The document production by USAO Jeff Jensen to Michael Flynn attorney, Sidney Powell, provides an opportunity for me to share a detached research opinion from my ongoing time outside the wire in the center of the swamp.

No matter what open source information is collected; and no matter what evidence congress can assemble; the toxic political environment in DC is the primary driver of DOJ investigative events.  It shouldn’t be, but the reality of action reflects an uncomfortable truth. Here’s my opinion on what is happening.

Attorney General Bill Barr is trying to split the baby against two competing narratives.

♦ On one hand there is enough evidence to indict former officials for gross abuses of power, falsifying information to a FISA court (violating fourth amendment protections); manipulating investigative effort for political purposes; weaponizing the intelligence apparatus of the U.S. to target political opposition, and then using their positions to cover-up their corrupt and unlawful conduct.

♦ On the other hand there is a current highly toxic political environment; consisting of elected politicians and a fully vested branch of government; attempting to cloud the reality that corrupt former government officials worked hand-in-glove with deceitful media, which includes agents of Lawfare, who collaborated in the effort.

This leads to current DC officials and people within those remaining institutions saying: “there are delicate balances.”

In my opinion, in an effort to thread this needle -and considering the timing of the 2020 election- Bill Barr is using the document production from Missouri USAO Jeff Jensen as a backdoor method to provide the information he will not/cannot put forth in a press conference, report or series of indictments. This is why Jensen is providing new information to Michael Flynn’s defense attorney Sidney Powell.

The U.S. Attorney General knows Powell will make this information public; therefore Powell becomes a conduit to receive significant amounts of evidence previously hidden by the Special Counsel (Weissmann/Mueller) cover-up operation; the “insurance policy” of sorts. Barr is essentially funneling information through Powell in lieu of a report which would include much of the same evidence.

This is just how all indications align.  Occam’s razor.

Much of the released information has no direct bearing on Flynn *IF* there was going to be an alternate use of the evidence.

Bill Barr is splitting the baby.

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More to come….

 

Sep 25 2020

Sidney Powell Discusses Explosive New Texts and Documents With Lou Dobbs – Corrupt FBI Officials Even Purchased Professional Liability Insurance…


Posted originally on The Conservative Tree House on September 24, 2020 by 

Michael Flynn defense attorney, Sidney Powell, calls-in to Lou Dobbs to discuss the explosive new evidence released to her by the DOJ.

In an update to briefings before the court Sidney Powell released today a set of previously hidden text messages within the FBI investigative unit highlighting the fraudulent and corrupt premise behind the targeting of her client [pdf link]. The documents are also embedded below.

Ms. Powell discusses the stunning nature of the release and how the texts and documents show a targeted effort against candidate Trump, President-elect Trump, President Trump and her client Michael Flynn who was the incoming National Security Advisor. This release is perhaps the most damning so far.  WATCH:

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The corrupt units within the FBI and CIA even went so far as to purchase professional liability insurance after the election because they knew their prior activity could lead to criminal, civil and financial lawsuits. A stunning internal admission.

 

I would be remiss if I did not remind everyone the DOJ (Barr and Durham) asked the FISA court for guidance in sharing classified and corrupt FISA associated information with litigants in civil (and criminal proceedings).   Ergo, given the nature of their activity this insurance issue by the corrupt officials has some substantive context for legal exposure.

Here’s the FULL RELEASE:

 

I will have more on this issue later.  There is a lot to unpack.

Share your review in the comments, thanks.