The Euro on the Brink of Disaster


Euro Sinking

 

Euro HangingWe are looking at the collapse of Europe unfold much faster than anyone suspected. I have been warning that the Continental EU banks are in serious trouble. The negative interest rates have devastated Europe. While trying to stimulate borrowers who are not interested without an opportunity to make money, the ECB has wiped out savers, pensions, and sent cash into hiding contracting the European economy – not stimulating it. I have also warned that it is the EURO which is in serious trouble and that BREXIT was the only way to save Britain from being dragged down under as the Euro sinks.

The Italian banks are collapsing and the crisis is now risking bringing down the Italian government. If they do not bailout the banks, the people will be in revolution. If they bailout the banks, they can only print Euros. The is starting to illustrate what I have been warning about. The EURO is in effect like a gold standard. When crisis hit, everyone had to suspend the gold standard for World Wars I and II and then upon the fall of Bretton Woods. The currencies were tied to gold which they could not increase its supply. This is the same crisis now with the EURO. Despite the EURO is really just electronic/paper, its quantity is still fixed by the EU membership. No single member state can just increase its supply unilaterally. That would be like trying to maintain a gold standard and one nation revalued its gold to three times that of what everyone else uses. That becomes impossible. The Silver Democrats nearly caused the bankruptcy of the USA for overvaluing silver relative to the world in the 19th century.

This is why the euro CANNOT SURVIVE. You have sovereign states with their own crisis and that demand measures separate and distinct from other members. This is how the euro system will break. It is extremely urgent that you understand the crisis ahead. This is what will send capital fleeing into the dollar. True, some will buy gold. That is generally retail investors. Pension funds and institutional investors will buy US government bonds, dollars and park them at the Fed, or jump in with both feet into the US stock market.

By the time this mess comes unraveled, we will see the world completely change. We are probably looking at a major world monetary reform come as early as 2018. The speed with which this is unfolding is rather incredible

US Government Preparing for Massive Civil Unrest


Weapons

The Federal government is arming every agency from the IRS to the State Department for domestic purposes. This is clearly a response to what they know is coming. There is no question that they are preparing for an uprising. They know that socialism is collapsing. Rather than reform the political economy, they are digging in their heels and getting ready to fight the civilian population. Many are starting to investigate this very unusual trend. This is very alarming. They are watching Europe and know any trend that starts there, always come here — not just fashion.

The non-prosecution of police is resulting in widespread civil unrest where merely people in uniform are seen not as “pigs” as in the 1960s, but the enemy no different from an invading army. Now 5 officers are dead and 6 were injured in a Dallas protest. The police involved in Baton Rouge had four previous “use of force” complaints filed against them. As long as police are not prosecuted, then the bad ones will risk the lives of all because they will all be seen as the enemy. It is time to beginning prosecuting police who act abusively or we will risk civil war.

Friends, Americans, World Citizens, lend me your ears;


istanbul 06052013

Friends, Americans, World Citizens, lend me your ears;

I come to bury the Clinton email scandal, not to praise her.

The evil that politicians do lives after them;

The good is oft interred with their bones;

So let it be with Clinton scandals. The noble Mr Comey

Hath told you Hillary Clinton was ambitious and extremely careless:

If it were so, it was a grievous fault and reckless for a president,

And grievously hath Clinton answer’d it denying any classified abuse thrice.

Here, under leave of Mr. Comey and the rest–

For Mr. Comey is an honourable man;

So are they all, all honourable political men and women in the Obama administration–

Come I to speak in Clinton’s campaign.

She claims she was a friend of the people, faithful to all:

But Mr. Comey says she was ambitious and extremely careless;

And Mr. Comey and Democrats are of course honourable men.

She hath accepted many donations from foreign governments to become the first woman president

and bankers as well whose vast sums did the general coffers of her foundation fill:

Surely, my listeners, she fairly sold her influence for fair value and did not cheat them.

Nay, I say to thee, Clinton did only a tad more than any other politician who seeks riches from office.

Did this in Clinton seem ambitious and extremely careless intent only on becoming president?

When that the poor have cried and protested over water, did not Clinton hath wept:

Ambition should be made of sterner stuff:

Yet Mr. Comey says Clinton was ambitious and extremely careless;

And Mr. Comey is an honourable man.

You all did see that Clinton denied ever sending anything classified

Yet Mr. Comey presented claims that would deny her that veracity crown,

Which she did thrice proclaim: was this ambition and extremely careless?

Yet Mr. Comey says Clinton was ambitious, a liar, and extremely careless;

And, sure, Mr. Comey is an honourable man.

I speak not to disprove what Mr. Comey spoke,

But here I am to speak what I do know.

You all did love Clinton once, not without cause:

What cause withholds you then, to mourn for her misfortune now?

O judgment! thou art fled to brutish beasts,

And men have lost their reason. Bear with me; she is a woman. Surely that alone is qualification.

What else doth matter? Should our arrogance expect true integrity as leader of the world?

My heart is in the coffin there with the image of justice, freedom, and American apple pie,

And I must pause till it come back to me.

 


 

(Adaptation of Marc Antony’s speech upon Caesar’s Death from Shakespeare)

Governments Keep Their Fingers-Crossed


Fingers-Crossed-r

We must face the fact that we are in a slowing global economy and government simply have their fingers-crossed hoping thius nightmare just corrects itself. There is massive slowing of real income in Europe and the OECD has commented that this is creating a serious political problem for governments moving forward. Central Banks cannot stimulate because at the same time, we face a major crisis in government where their pensions are crowding out all private sector growth. The after-effects of BREXIT, then the USA Presidential election, and the elections in France and then Germany, are just the tip of the Iceberg so to speak because we face a future that is anything but stable. Interestingly, now six countries are looking at potential referendums in addition to the potential resurrection of Scottish Independence as well as Ireland. The response of Brussels has been to usher in revisions to cut off any right for other countries to hold referendums to leave the EU.

Banks Trying to Figure Out What Lies Ahead


LondonStkExchange

The big US banks — JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup and Morgan Stanley — have large operations employing tens of thousands of people in the UK. They have historically set up their regulated businesses in Britain and then used its right to “passport” into the rest of the 28-member bloc. Lawyers are warning that after BREXIT, they would likely need a new legal home base, so they are preparing to shift at least some work to cities such as Dublin, Paris and Frankfurt.

Meanwhile, Continental banks in Europe are in trouble. The bad loans continue to pile up and the economy simply cannot recover with negative interest rates. What is ironic here is that UK banks are not in the euro so their reserves are not falling off the cliff as those banks using the euro as its base currency. The UK banks are safer than those in Continental Europe – the ultimate irony.

Capital Flows & the Shift to USA for Taxes


CapInflow-USA

Since the publication of the Panama Papers, the assets of the wealthy from around the world have been flowing into United States at a sharply increased pace. Tracking capital flows has revealed that capital outflows of liquidity from the EU have distinctly accelerated.

The United States is definitively becoming the replacement for Switzerland. The IRS has even ordered cash sales of real estate in Miami and New York to be investigated to reveal the actual beneficial owners behind corporations.

This trend should increase even if BREXIT is defeated for our models are warning of a rise in civil unrest throughout Europe, especially in that event. More member states will be driven to hold referendums by the demand of their people. The Brussels Government cannot be replaced by any democratic process in Europe and that is very dangerous for it leaves only one way for people to disagree and demand change — through means of force. Even the US Civil War was fought over the denial of the right to separate, which the Supreme Court of the United States maintains there is no “right” to break from the federal government.

Comey Delivers Scathing Rebuke of Hillary But Says No Indictment


Comey-James FBI-Portrait

To indict someone, the criteria is supposed to be “intent.” Comey has used that to pretend there is no evidence that Hillary “intentionally” erased anything. Comey also stated that Hillary’s lawyers erased her emails using a keyword search program and they did not “read” the emails. He added that he would not recommend charges against Hillary or her aides.

“Although we did not find clear evidence that Secretary Clinton or her colleagues intended to violate laws governing the handling of classified information, there is evidence that they were extremely careless in their handling of very sensitive, highly classified information,” Comey declared.

It was Comey who indicted Frank Quattrone for claiming he instructed his people to erase emails in his technology-industry banking group at Credit Suisse Group’s Credit Suisse First Boston, based upon a single email that read “clean up those files” in December 2000. That was more than enough for his “intent” requirement to obstruct justice. This further illustrates the double standard of justice for them vs. us.

Comey has said that he could not find anyone else who had been prosecuted for such a thing, but then added after clearing Hillary that this is not to say everyone in the government can do this or that they would not prosecute someone else for the same thing. Comey said,“[O]ur judgment is that no reasonable prosecutor would bring such a case.”

Comey presented a scathing rebuke of Hillary’s conduct that anyone else would have certainly been indicted for. For Obama to have announced in advance he would campaign for Hillary, it was clear that this was a cover-up and he knew the results before today. For Comey to say, “Although we did not find clear evidence [of any intentional misconduct] there is evidence that they were extremely careless of very sensitive, highly classified information.” It is the jury’s role to determine if there is any evidence and the case should have been presented for a Grand Jury to decide if she should have been indicted. That, of course, is off limits as well.

Comey went on to all but acknowledge that Russia hacked Hillary’s emails:

“With respect to potential computer intrusion by hostile actors, we did not find direct evidence that Secretary Clinton’s personal e-mail domain, in its various configurations since 2009, was successfully hacked. But, given the nature of the system and of the actors potentially involved, we assess that we would be unlikely to see such direct evidence. We do assess that hostile actors gained access to the private commercial e-mail accounts of people with whom Secretary Clinton was in regular contact from her personal account. We also assess that Secretary Clinton’s use of a personal e-mail domain was both known by a large number of people and readily apparent. She also used her personal e-mail extensively while outside the United States, including sending and receiving work-related e-mails in the territory of sophisticated adversaries. Given that combination of factors, we assess it is possible that hostile actors gained access to Secretary Clinton’s personal e-mail account.”

For Comey to claim neither the Department of Justice nor the White House knew what he was going to announce, seriously undermines his trustworthiness in this matter. Of course, Obama knew or he would not have scheduled to campaign for Hillary since, if indicted, she would have had to be on bail to stay out of jail to even campaign. This is by no means credible. But nobody would have expected Hillary to be indicted when the Democrats control the executive branch. Had Hillary been indicted, she could not have run for office, for even that statute says such a person would be disqualified for such an office. The entire election would have been a fiasco and the Democratic Party would have collapsed. This is what Bernie was holding out for and why he had his talk with Obama who informed him forget it — there would be no indictment for Hillary.

“From the group of 30,000 e-mails returned to the State Department, 110 e-mails in 52 e-mail chains have been determined by the owning agency to contain classified information at the time they were sent or received. Eight of those chains contained information that was Top Secret at the time they were sent; 36 chains contained Secret information at the time; and eight contained Confidential information, which is the lowest level of classification. Separate from those, about 2,000 additional e-mails were “up-classified” to make them Confidential; the information in those had not been classified at the time the e-mails were sent,” Comey said.

Then, Comey contradicted Lynch in making it clear that the final decision was her’s: “As a result, although the Department of Justice makes final decisions on matters like this, we are expressing to Justice our view that no charges are appropriate in this case.”

TR01072002 - No Criminal Description
 James Comey was the chief prosecutor in the Southern District of New York between 2003 and 2005. He had no problem keeping me in Federal Prison on contempt of court without any charges, indictment, or a civil complaint describing any crime whatsoever that they even admitted openly in court. There were never any charges or complaint filed, and they publicly stated, “[T]here is no description of criminal liability.” Yet, Comey allowed me to be held in prison, entirely arbitrarily, with absolutely nothing whatsoever; Comey completely violated my civil rights, those of my family, and all 240 employees. So he is not someone who upholds the Constitution when it goes against government or the banks. As they say, the Department of Justice is really “Just Us” in reality. He has proven that once again.

HSBC Gag Cover

Comey also allowed a LIFETIME GAG ORDER on me to prevent me from providing any assistance to my clients in Japan to sue the bankers. Now the State Department has asked for a two-year stay in turning over any of Hillary’s emails. Why  would they do that if there is nothing criminal? This only proves that this is a cover-up, as always, because the Democratic Party cannot allow Hillary to go down for they would lose everything. Sorry, but Comey has a track record of defending the banks even when they stole $1 billion and pleaded criminally guilty before having to pay them back. He kept me in prison on contempt to turn over assets for a “possible” restitution, but when I got into the Supreme Court, I was released and no such charges were ever filed nor did I ever have any restitution. They then tried to prevent “The Forecaster” from being shown in the USA.

So much for any honesty from the Department of Justice. It is the Department of “Just Us,” as they say.

Free Market v Central Bank


IntRate-Manipulate

We are beginning to see interest rates rise globally in the free market. After BREXIT exposed the crisis in Europe, the rates began to rise in the peripherals. That will move closer toward the core. The Fed will respond only when the capital sees what is unfolding in Europe and shifts to the States. The US will be the last to see rates rise. The Fed has recognized that it needs to raise rates to prevent a pension crisis, but the first step would be to stop paying interest on excess reserves. That would conform to a rate raise.

Nigel Farage Resigns as Head of UKIP


Farage Vote to Leave

It is a shame, but Nigel Farage is standing down as leader of the UK Independence Party. Nigel came from the real world and never had a desire to be a career politician. He has stated that he had done his “bit” following the UK’s referendum vote to leave the EU. “The victory for the ‘Leave’ side in the referendum means that my political ambition has been achieved.” He said that leading the UKIP was “tough at times” but “all worth it.” He added that Britain now needs a “Brexit prime minister.” He continued: “I have never been, and I have never wanted to be, a career politician. My aim in being in politics was to get Britain out of the European Union.”  He added: “So I feel it’s right that I should now stand aside as leader of UKIP”.

Meanwhile, Tony Blair, the ultimate anti-democratic politician, keep saying that more than 1 million people have changed their minds and Britain should not go through with BREXIT. He would even surrender the Queen. He is living the Euro dream would would surrender the pound and all independence to enslave the British to a new government they could never have a right to vote in to ever change. People like him just assume to know what’s best that career politicians should rule and the people are too stupid to have any influence.

Nigel will be sorely missed. It is a personal battle, absolutely. But with people like Blair hanging around in the wings, the job may not be done to save Britain. It is the people who love telling every one else what they will be allowed to do who want power, and will never resign it. These career politicians are no different than any monarch who also abused the people – let them eat cake!

George Carlin Was Right: “The Big Club”…


Carlin is right the country is owned but sometimes the people wake up and realize what has been done and there are a lot of us and only a few of them! That is why they are in a panic about our guns — don’t ever give them up for if you do you will very shortly be one of their slaves!