The people of Poland have it right the EU is dead!


Why Europe Will Collapse: Schultz’s Outrage at Poland

A huge protest against the Europe Union has taken place in Poland. When I was there, everyone I spoke to was against joining the euro. They all said that the euro would destroy Poland as it did in Greece and the rest of Southern Europe. European Parliament President Martin Schulz (SPD) has said that the protests in Poland have a “coup-character” because they are realistic and against the policies of Brussels, whom refuses to review or admit that the euro has been a complete disaster for Europe as a whole.

Poland has responded with indignation, making it clear that the people have a democratic right and have acted within the rule of law. Prime Minister Beata Szydlo demanded on Monday for an apology from Schulz for his statement. But Luxemburg’s Foreign Minister Jean Asselborn warned on behalf of the EU presidency that independence of the judiciary and the media in Poland is threatened. Indeed, the threat to any democratic right comes from Brussels.

Schulz said on German radio that “right-wing populists” are the greatest threat when they argue against his policies and take government into their own hands to accuse external forces to interfere in the internal politics of their country. These comments from Schultz are dictatorial in nature, as they say that anyone who disagrees with the federalization of Europe going into the hands of Brussels is a threat.  A threat to what — freedom? There is no hope of trying to reason in Brussels. This is beyond hope. We must crash and burn until the end for they will NEVER admit the slightest error in their ideas.

This is statement on Austria is a very a real possibility!


Austria — It Started the Collapse in Great Depression. Will It Do so Again?

Credit-Anstalt

In 1931, the sovereign debt crisis and banking system collapse began in Austria with the failure of Credit Anstalt, which was partly owned by the Rothschilds. The bank was forced to absorb another bank and a secret loan was created in London off the books to hide the insolvency to do the merger for political purposes. When that failed to be enough, the whole scam was exposed and a CONTAGION spread as people wondered what government had manipulated behind the curtain.

Now the International Monetary Fund (IMF) has come out and stated that Austria’s banks need to increase their capital buffers urgently. The capital buffers in Austria are thin and cannot withstand a crisis. Furthermore, the banks are still active in politically and economically risky countries, which is typically carried out to increase profits. In reality, the IMF led to the loans granted by the banks in Swiss francs, which caused many borrowers to lose 30% when the peg broke. In some Eastern European countries, the potential losses by a state arranged forced conversion of Swiss franc into local currencies could be massive. This is being done because the borrowers now owe 30% more than what they borrowed due to currency risk. This situation will not magically evaporate for they are private loans.

The Austrian banks are typically banks engaged in RELATIONSHIP banking rather than TRANSACTIONAL. Therefore, they rely on customer deposits short-term and lend long-term. These are not big investment banks as in New York. They have lost a fortune because of the Swiss/euro peg collapse.

The three major banks are Erste Group, Raiffeisen Bank International (RBI), and UniCredit subsidiary Bank Austria. These are the biggest lenders in Eastern Europe as a whole who have gotten caught up in the currency nightmare. The RBI has recently announced their withdrawal from certain markets following a serious currency related loss that the bank has written in the past year for the first time. Bank Austria checked the sale of its branch business.

This coming banking crisis is all currency related. It is, of course, thanks to Brussels and their irresponsible design of the euro. Politics and economics do not go together. They will blame the bankers, but they will never blame government. Hence, this is why we can no longer afford career politicians for they will NEVER accept responsibility for screwing up the economy for political gain.

Bill-Hillary-shutterstock_13713790

The Clintons are responsible for removing ALL restriction from the Great Depression upon the banks. They then eliminated the right to declare bankruptcy on student loans. Yet, the press will NEVER ask Hillary anything about that or the fact that her biggest contributors are the banks in NYC.

Watch this woman she is a future Leader


Le Pen Vows: “Nothing Can Stop Us”

Marine-Le-Penleader!Marine Le Pen and her Front National (FN) Party did not win the Sunday elections. She replied: “Nothing can stop us.” Indeed, the cyclical trend in politics will turn ever more nationalistic as the EU continues to crumble from within. Le Pen will grow in force as the perception of a complete system failure by Brussels in every possible direction materializes. Politicians will NEVER admit a mistake. All they will ever do is become more DRACONIAN and attempt to force their desired outcome upon the world. That applies to Brussels, Washington, and every other country.

The only politicians in Europe who are critical of the EU are all on the extreme right and this is the direct result of the failed policies of Brussels. The entire spectrum of politics is completely wrong. We heard Hollande reply to Le Pen that the idea of Brussels was indeed to federalize Europe to prevent war between France and Germany. They ignore the fact that in attempting to force a political union, they surrendered their sovereignty and culture to a one European government that cannot possibly work. Economic integration prevents war, but forcing policies upon the rest of Europe to conform to the ideas of one is insane and dangerous, besides the fact it is totally unnecessary.

Basic Economics that no Politicians understand!


Are Negative Rates Fueling Deflation?

IntRate-Manipulate

Those in power never understand markets. They are very myopic in their view of the world. The assumption that lowering interest rates will “stimulate” the economy has NEVER worked, not even once. Nevertheless, they assume they can manipulate society in the Marxist-Keynesian ideal world, but what if they are wrong?

By lowering interest rates, they ASSUME they will encourage people to borrow and thus expand the economy. They fail to comprehend that people will borrow only when they BELIEVE there is an opportunity to make money. Additionally, they told people to save for their retirement. Now they want to punish them for doing so by imposing negative interest rates (tax on money) to savings. They do not understand that lowering interest rates, when there is no confidence in the future anyhow, will not encourage people to start businesses and expand the economy. It wipes out the income of savers and then the only way to make and preserve money becomes ASSET investment, as in the stock market — not creating business startups.

So lowering interest rates is DEFLATIONARY, not inflationary, for it reduces disposable income. This is particularly true for the elderly who are forced back to work to compete for jobs, which increases youth unemployment.

Since the only way to make money has become ASSET INFLATION, they must withdraw money from banks and buy stocks. Now, they are in the hated class of the “rich” who are seen as the 1% because they are making money when the wage earner loses money as taxation rises and the economy declines. As taxes rise, machines are replacing workers and shrinking the job market, which only fuels more deflation. Then you have people like Hillary who say they will DOUBLE the minimum wage, which will cause companies to replace even more jobs with machines.

Keynes-5

Democrats, in particular, are really Marxists. They ignore Keynes who also pointed out that lowering taxes would stimulate the economy. Keynes, in all fairness, did not advocate deficit spending year after year nor never paying off the national debt. Keynes wrote regarding taxes:

“Nor should the argument seem strange that taxation may be so high as to defeat its object, and that, given sufficient time to gather the fruits, a reduction of taxation will run a better chance, than an increase, of balancing the budget.”

Keynes obviously wanted to make it clear that the tax policy should be guided to the right level as to not discourage income. Keynes believed that government should strive to maximize income and therefore revenues. Nevertheless, Democrats demonized that as “trickle-down economics.”

Keynes explained further:

“For to take the opposite view today is to resemble a manufacturer who, running at a loss, decides to raise his price, and when his declining sales increase the loss, wrapping himself in the rectitude of plain arithmetic, decides that prudence requires him to raise the price still more–and who, when at last his account is balanced with nought on both sides, is still found righteously declaring that it would have been the act of a gambler to reduce the price when you were already making a loss.

TAX-CYC

This is the logic employed by those in power. They are raising taxes and destroying the economy; when revenues decline, they raise taxes further. The evidence that politicians are incompetent of managing the economy is simply illustrated here. Now, we have Hillary claiming that she will raise taxes on corporations, but that will reduce jobs for she will only attack small businesses and never the big entities and banks who fund her campaign.

Bill Murry on Taxes

So when it comes to sanity on interest rates or taxes, we really need to throw out of office anyone who is a professional career politician before they wipe out everything. The balance sheet is, as Keynes said, “ZERO on both sides.”

The French Women has the same message as trump — and maybe even more so as France is further down the road to destruction!


Marion Marechal-Le Pen – the Better Looking Donald Trump of France

Marion Marechal-Le Pen-2

When the New York Times first wrote that Marion Maréchal-Le Pen the French Weapon of mass distraction: France’s youngest member of Parliament is 25 and she takes no prisoners, I seriously doubt they ever realized that she could actually become the president of a district in France. However, this stunningly beautiful and smart 26 year-old politician is more than just a fresh-faced rising star of the far-right National Front. She is able to deliver hard messages on migrants and Muslims that outdo her tough-talking aunt, party leader Marine Le Pen, yet using a soft touch and a smile.

French-Students

When the national French TV asked me to debate the top three students selected by the elite French schools, I assumed it would be a confrontation that would be interesting. Instead, the students asked me what to do to help their country since they felt powerless to reverse the trend. This was really showing me that a watershed moment was emerging in France. I appeared on different TV channels and the questions were interesting. They even explained the model on National TV.

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05:31

I was asked to also debated the French Finance Minister Michel Sapin on National TV. He said he could not make it. Then at the last minute he showed up at the TV station assuming I would not be there. They played the clip they made interviewing me and following me around in Paris. CANAL TV confronted Michel Sapin on national TV, which would never happen here in the States. Sapin appeared on air and the host asked him directly about the business cycle and our forecasts. While Sapin claimed nobody can forecast, he then proceeded to forecast that the French economy would boom next year, posting a 1.5% growth rate. The point is, that obviously things were changing in France even before the Paris Attack.

Now tomorrow, the vote in France will be for the leadership councils in 13 French regions. Should both Le Pens win their regions, the anti-immigration National Front will devastate France’s current political landscape. Her aunt will be well positioned to take France’s 2017 presidential campaign.The polls released Wednesday showed both Le Pens were behind and Prime Minister Manuel Valls wages the braindead Socialist campaign against the National Front claiming that the Le Pens positions of “the extreme right advocates division … that could lead to civil war.”

CAC40-Y 12-12-2015

Proof that the Socialists have destroyed the economy which will indeed lead to a revolution or civil war, is the fact that its share market has been unable to ever match no less exceed the 2000 high.

Obama would rather go to war with Russia than admit that taking out Assad was wrong!


Russia sent T90 Tanks to Syria

T90 Tanks

Russia has sent its most sophisticated tanks to the front line in Syria. The T-90 tanks are swaddled in explosive armor, causing most weapons used against them to detonate on impact. The rebels have been able to eliminate Syrian tanks with weapons gained from the West. The T90 should be much more difficult for the rebels to defeat.

France almost gets it right, but its a very good start that Obama should listen to!


Marine Le Pen Clearly States It Is Not a War Against Terrorism, It Is a War Against an Ideology

s it right

Marine Le Pen states with absolute clarity that this is by no means a war against terrorism — it is a war against the ideology of Islamic Fundamentalism. Refusing to state that truth where “terrorism” is merely a weapon, one cannot wage war or ever defeat such a weapon because there is no acknowledgement of what we are really facing.

ECM-Islamic-State Wave 9

Even taking a cycle from the beginning of the Crusades, we still come up with avery similar time frame.* The West has a made HUGE mistake in trying to dethrone Syria. The removal of dictators in Iraq and Libya have destabilized the region far worse than we care to admit. Trying to dethrone Syria will create a vast new area for ISIS, and this, precisely as Le Pen points out, is a war against Islamic Fundamentalism, not Islam or terrorism. Identify the problem before you take all of our rights.

*Note: Ironically, it was French Pope Urban II who initiated the Crusades.

Islamic Cycle

 

Chelm


Post by Tabitha Korol

I have been thinking of Chelm* lately, not the real industrial town in Poland, home to about 18,000 Jews (60% of the population) until they were annihilated in World War II. Rather, what comes to mind is the Chelm of Jewish folklore, penned by Elijah B’al Shem of the real Chelm, and commercialized by Isaac Bashevis Singer in the 1900s – because I believe there are Chelmites among us today.

Chelm, the legend, began when God’s angels inadvertently overlooked an area while they were populating the earth with a reasonable assortment of foolish and wise souls. As one obliging angel, armed with the two bags of souls, made his way back through the clouds to correct the omission, he snagged one bag on the jagged point of a particularly high mountain peak, causing all the foolish souls to float down to earth. Thus was Chelm created with foolish, like-minded people, although there were always a few citizens who deemed themselves to be above the rest, clever and capable of discovery, analysis, and problem solving for the community.

It was on a snowy, wintry night, in fact, that the Wise Men of Chelm were seated around a wood-burning stove, trying to explain why winter was cold and summer, hot. As they sat in the firelight, watching the sparks and smoke moving upward through the chimney, one of the philosophers reasoned that as people throughout the world were burning wood to keep warm, all the heat was rising into the sky. After months of buildup, the air became warm enough to provide summer. Then, of course, when the stoves were idle and the air cooled once again, winter would return. Little did these khakhamim know that their thoughts would become the “big question” of the 21st century – Climate Change.

Despite the difficulties of migration, the Chelmites managed to leave their village, travel and spread their wisdom to others. The first Democrat debate of 2015 is the perfect example as we heard Bernie Sanders respond to what he deemed the greatest threat to national security. Without hesitation, he cited “climate change.” Challenged by the moderator about terrorism, he continued, “Of course, international terrorism is a major issue that we have got to address today, but climate change is directly related to the growth of terrorism and international conflicts.” Can Sanders explain why only Muslims, specifically, are so imbued with the desire to kill because of the climate? If the syndrome has not yet been identified, we might consider “Thermocide.”

Another intellect, Director of National Intelligence James Clapper, said, “Empirical evidence alone – without reference to climate models – suggests that a general warming trend is probably affecting weather and ecosystems, exacerbating the impact on humans.” Again we might ask why only the Muslim humans are so influenced as to increase the rapes in northern Sweden by more than a thousand fold since they first began arriving in the 1970s, or to detonate themselves while killing others.

Oblivious to the 14 centuries of Islamic carnage, our sages pursue a climate change issue that is scientifically constant, and not “change” at all. Climate is used by the Left to distract us from Islam’s complicity in drastically changing America. They would sooner discuss climate than the current knifing of Jews, beheading of Christians, and killing and injuring holiday revelers. Sanders and his like-minded sages should explore meteorology.

Secretary of State John Kerry, unquestionably a Chelm descendant, legitimized the Charlie Hebdo massacre and the murder of Jews in Israel as understandable, reasonable, and warranted. He proclaimed that terrorists are encouraged by poverty, despite the oil wealth and strong financial support from the Muslim Brotherhood. He denied our American exceptionalism, and pledged to appoint ambassadors, based on their sexual orientation.

Another intellectual of the Chelm mindset is Hillary Clinton, who declared: “Let’s be clear: Islam is not our adversary. Muslims are peaceful and tolerant people and have nothing whatsoever to do with terrorism.” She further offered, “These Muslims over here are just peaceful, faithful people living their lives, whereas those Muslims over there are radical and seek to impose a toxic strain of their faith via terror and violence.” It may be that she envisions arrowed road signs, “Terrorists this way to Europe” and “Moderates this way to America,” or she had them posted during her many trips to Islamic countries. Unfortunately, signs are no solution for the high illiteracy rate, which could account for the 900 Islamic terrorist cells in the US, as revealed by the FBI. Of the latest act of terrorism in San Bernardino, Hillary blamed the inanimate weapons themselves.

Remember that National Intelligence Director James Clapper said to Congress, “The term ‘Muslim Brotherhood’…is an umbrella term for a variety of movements, in the case of Egypt, a very heterogeneous group, largely secular, which has eschewed violence…” In fact, the Brotherhood was a co-conspirator in the trial of the Holyland Foundation, the largest terrorism-financing ever successfully prosecuted in American history. A major financier of the terrorist organization, Hamas, is dedicated to jihad, the destruction of Israel, and to turning America into a Muslim nation, to “eliminating and destroying the Western civilization from within.”

The politically correct are inclined to say that a majority of Muslims loathe violence, but surveys prove that the majority of Muslims want violent sharia law to prevail over the host country’s laws, and a recent Fox News poll indicated that one in four admitted that violent jihad against America is justified. The Koran commands Muslims to engage in holy war (Jihad) in order to impose Islam and Sharia law on the entire world. Sharia demands support of terrorism and suicide bombings, and conversion to Islam or death.

To say that our Commander-in-Chief is also from Chelm, inexperienced and naïve, would in itself be naïve. He has been following a specific agenda to bringing our country to where it is today, without once veering off course. If he were inexpert and bungling, he could not have so thoroughly hidden his background, divided us into opposing factions and causing chaos on our streets, rejected and rewritten laws, dispatched the CIA for secret operations, created a runaway government, trivialized our Constitution, reduced our personal freedoms, and conspired to change our national identity and endanger our existence with tens of thousands of unvetted, Koran-inspired “immigrants.”

Now, if the incoming Syrians exhibit no violence, we may conclude that climate change is not a threat. If, however, we recognize Islamic violence in the Middle East also occurs in northern climes, we would have to ascertain which changes actually result in the atrocities, or identify their teachings and laws as the true link to violence.  As for our Commander-in-Chief, he is not of Chelm. It is his “dark impulses,” the same impulses of which he accuses Americans who seek to close our borders to jihadi invaders, that are failing us.

*Chelm, pronounced with the guttural KHelm, or the Spanish “J”

2016 is not going to be a good year!


Real Estate has Peaked

Luxury Home

 

The US real estate market has turned for the top end has peaked. Luxury homes for the top 5% are now off by 2%. In my personal search in Florida, I looked around for the past year. Some of the high-end homes they showed me on the beach were still on the market. One that I looked at which just came on the market at $4.5 million has cost $7.5 million to build. It was a divorce. This end of the market the agent told me had been selling in cash deals, rarely a mortgage.

CNBC has reported that Redfin real estate company tracking the top 5% of  the more than 600 U.S. markets fell an average 2.2% in the third quarter compared to the same period last year. When the rich stop buying, the rest follows.

Government has ensured that real estate will collapse for you see the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) combine certain disclosures that consumers receive in connection with applying for and closing on a mortgage loan under the Truth in Lending Act (Regulation Z) and the Real Estate Settlement Procedures Act (Regulation X). New disclosure requirements and forms in Regulation Z for most closed-end consumer credit transactions secured by real property have gone into effect with the turning point on the Economic Confidence Model. Government combined the existing disclosure requirements and implemented additional requirements imposed by the Dodd-Frank Act which applies to transactions for which the creditor or mortgage broker receives after the ECM turning point. This new legislation became effective October 3, 2015 with the ECM.

Real estate agents are reporting that mortgages are now taking far longer to process and approve and have caused transactions to come nearly to a halt. To get a mortgage, one must prove they have the capacity to pay it and must document everything that has gone through their bank accounts.

Real Estate Advertisement 2015

 

The World Real Estate Report will be sent to attendees next week. This will be placed on sale for everyone as of January 1st. The price will be $400 for both reports covering North America, Europe, Central & South America, Australasia, Middle East and of course Asia.

A Historic Landmark Falls to the NWO


Switzerland Abandons Its Historic Principles

Swiss Parliament

 

Wm TellSwitzerland has completely capitulated surrendering its historic safe-haven status to the entire world. Switzerland was born from a tax revolt against the Hapsburg dynasty in Austria. The tax collector made William Tell shoot an apple off his son’s head with an arrow. Switzerland began as a tax rebellion. It then remained neutral in war and it remained neutral in religions serving as a safe-haven fro those who would be religiously persecuted. All of that is now gone forever. Switzerland has surrendered its integrity and its heritage.

Cookie JarThe Swiss Senate has passed the resolution to exchange ALL information on anyone who has any assets in Switzerland. They have surrendered their sovereignty to this worldwide effort to destroy the entire global economy because politicians can never run any government efficiently. They are incapable of keeping their hand out of the cookie jar. Power simply corrupts and thus 99% of all wars and revolutions are concerning money. Do we really need to ask when will we ever learn? The Swiss have simply lost their minds for they have abandoned their heritage and might as well have joined the euro since the obey the commands of everyone else anyway.