Tag Archives: progressives

Sep 6 2019

The World through Everyone’s Eyes


Armstrong Economics Blog/Basic Concepts

Re-Posted Sep 6, 2019 by Martin Armstrong

COMMENT: Sir,

I appreciate that I may not always agree with what you write but I listen and examine and respect your viewpoint. You, in turn, have answered my many questions and discussed my comments with respect in return.

This makes me worry that the ability to discuss problems in a straightforward and thoughtful way may not be possible in the future.

Keep up the good work

F

REPLY: In order to be an international adviser, the very first lessons I learned was (1) listen to everyone, and (2) view the world through their eyes.

I was giving a lecture in Geneva to a small group of institutions back in 1982 but some had flown in from other countries. One was from Canada and the exchange was quite interesting. I had provided the forecasts on the individual currencies and then I moved to the commodities. The Canadian asked so he should be a buyer of gold and I said yes. The on Swiss institution said yes but your forecast on the Swiss franc would mean I would lose money.

When I looked at it in terms of each perspective it was clear. The rally in gold would be impressive only in US$ and CD$ so it was a buy for the Canadian and a sell for the Swiss. Indeed, the rally into 1983 was a strong rally for gold in US$ and CD$, but not in Swiss.

We all have a view and money to each of us is still a mental calculation based upon our home currency. To even do my job, I have to be able to see the world from all perspectives. We are all human and we will all act in our own self-interest.

My clients have trained me. Having to deal with many crises around the world forced me to see the world through global eyes. This is why MY DEFINITION of what constitutes a bull market is something which rises in ALL CURRENCIES!!!!! 

We will all never agree for we will always see things through our own pair of glasses. Never forget, others will respond in the same way.

My philosophy is very simple. There should be no law which compels others to act in a way I believe if correct provided their actions do not harm anyone else. I leave you alone and you leave me alone and we can all get along. I object to politics that seeks to exploit class warfare for historically that has ALWAYS, and without exception, led to civil wa

Sep 6 2019

President Obama Weaponized Government – Phase Two Was Positioned to Monetize Government…


Re-Posted from The Conservative Tree House on September 5, 2019 by 

Looking over how much corrupt Hillary Clinton dirt the intelligence community hid in the 2016 election, the big picture aspects deserve an expanded discussion.

In the larger picture it is clear the Obama administration weaponized the institutions of government to target his/their political opposition. It is also increasingly clear a Hillary Clinton administration would have monetized the U.S. government.

President Obama’s team used the DOJ, CIA, FBI and IRS to target their opposition.  The intelligence apparatus was weaponized; one small example that scratches the surface is the FBI/NSA database exploitation.  Black files on DC politicians, private sector groups and individuals facilitating leverage, and we are still seeing the ramifications.

When Patrick Byrne recently discussed his role within the  “political espionage” operations, he is describing this exact process; not coincidentally he also seems to have retreated into a safe-space.

Big multinational interests, Big Pharma, Big Ag, Big Global Banking interests, etc, were exclusively supporting both President Obama and candidate Clinton.  The domestic politics of the U.S. were/are tools toward an end; and, so long as the person occupying the oval office did not interfere with Big Club objectives, they too would benefit financially.

It is also obvious the opposition to President Trump, those who are really coordinating and manipulating the grassroots sheeple opposition, are these same multinational interests.

The college kid wearing a pink pussy hat is oblivious, but the executive offices of the Deep State FBI and Intelligence Community under James Comey, Andrew McCabe, or even Christopher Wray and AG Bill Barr are not; they know.

Additionally, the current occupants must also know that we know.  Likely a great many more people are aware of the bigger issues than ever before.  Perhaps this explains the dynamic of angst amid those same occupants.

Think about how much the DOJ and FBI did to protect candidate Clinton.

Obviously, in their down-time discussions, they would have discussed and recognized some benefit would be forthcoming.

No entity would go so far out on an obvious limb of corruption if they did not perceive some personal benefit on the horizon.

Think about how much leverage James Comey would have held over the institution of the Office of the President if they had succeeded.  If the sum total of dirt on Trump filled a bucket, by comparison Hillary Clinton owns a landfill.

Thousands of bills written by the multinational lobbyists were awaiting her arrival.  Think of the scale of multinational effort behind TPP (Asia), TTIP (Europe), Paris Climate Treaty (Global), etc.  Literally tens of trillions of graft and scheme within reach of those global financial networks; at the fingertips of the multinational Big Club,… until Donald Trump.

Think of the scale of wealth, all headed to the top of the pyramid, that President Trump halted.  Domestically, all of those lobbyist bills worthless on November 9th, 2016.  All of the DC politicians, sales people indulged to sell those bills, left teetering on the border of functional obsolescence….  It’s quite stunning to think about.

Thus, after the initial shock, all of those interests lashing out in rage; weaponizing every group they can muster.  Dispatching urgency to the corporate media forces. The pure unmitigated hatred that started immediately becomes much more understandable in this context.

Years of leftist planning led to President Obama’s ability to weaponize government without being held accountable in the process.  Years of assistance by corporate media allies, all building toward the same end goal.  How rich would Hillary and Bill have become by simply allowing phase two, “the monetization“, to proceed?

Remarkable to contemplate.

James Comey, Andrew McCabe, Eric Holder, Loretta Lynch, John Brennan, Susan Rice, Sally Yates, Denis McDonough, Valerie Jarrett and many more, all knew and anticipated the professional power and personal financial benefits that would have followed…

“Political Espionage“….

Mr. Patrick Byrne only barely touched the flame…

Sep 5 2019

AOC: Stop Reproducing – Save the World


Armstrong Economics Blog/Climate

Re-Posted Sep 5, 2019 by Martin Armstrong

Stop Reproducing – Save the World

Let’s prevent climate change, a naturally occurring cyclical phenomenon, by not having families. The proposition sounds like a dystopian nightmare out of Orwell’s “1984,” but it’s now the latest suggestion of “progressive” NY Democrat Alexandria Ocasio-Cortez.

“Our planet is going to hit disaster if we don’t turn this ship around and so it’s basically like, there’s a scientific consensus that the lives of children are going to be very difficult. And it does lead, I think, young people to have a legitimate question, you know, “Is it okay to still have children?’” AOC actually said aloud in front of reporters.

The factual “scientific consensus” declares climate change to be a completely normal, naturally occurring event. Worsening matters, the CDC reported that birth rate levels in the U.S. are at an all-time low.

Countries such as Japan and China are begging their citizens to reproduce and create a future workforce. Here in the U.S., our dreadfully misinformed politicians have the audacity to ask citizens to stop reproducing altogether. Propositioning climate change as an ethical dilemma is a new low for politicians, proving that they will do anything for votes and taxes.

The family dynamic has already been destroyed by politicians. It is no longer possible for most mothers to stay at home as two incomes are needed to pay for living expenses. Children leave home earlier and move out to the cities in search of employment. Before they even enter the workforce, most young people are buried in student debt that they can never repay even in the event of bankruptcy thanks to the Clintons repealing Glass-Stegall. Millennials can barely afford to buy homes, marry, or have children. The elderly must rely on a failing medical system for support instead of their families. How much longer will we allow politicians to destroy our quality of life? The real ethical dilemma facing future generations lies in the unprecedented powers of politicians who are willing to destroy our future for their own self-interests.

Let’s hope she does not reproduce

Sep 3 2019

On Marxism in America, the Communist China Threat, Unconventional Warfare & Hong Kong—Joshua Philipp


How does communist ideology manifest in the current political landscape? How did Marx and his followers endeavor to rewrite history? What are some major misconceptions people have about socialism and communism, and the end results of these ideologies? What are the origins of Antifa? And what is the purpose of the violence they frequently engage in? And where does political correctness originally come from? This is American Thought Leaders 🇺🇸, and I’m Jan Jekielek. In this special episode with a studio audience in Laguna Beach, California, we sit down with The Epoch Times’ award-winning investigative reporter and senior editor Joshua Philipp. He is a recognized expert on unrestricted and asymmetrical hybrid warfare, subversion, and cyber security, especially in the context Chinese Communist Party. We discuss Marxist revisionist history, the end goals of communism, Antifa violence, and the spread of political correctness. We also examine the Chinese Communist Party’s global ambitions and its extensive influence and warfare operations in the US and around the world.
Sep 3 2019

Donald Trump vs. the Elite. Victor Davis Hanson with Sebastian Gorka on AMERICA First


Published on Aug 31, 2019

Victor Davis Hanson joins AMERICA First to explain the conflict between President Donald Trump and the elite, against which his very election and presidency represent an existential threat. #VictorDavisHanson #DonaldTrump #AmericaFirst Tune in to America First with Sebastian Gorka, Weekdays 3-6PM EST. Follow Dr. Gorka on Twitter: https://twitter.com/SebGorka On Instagram: https://www.instagram.com/sebastian_g… Like our Facebook page: https://facebook.com/AmericaFirstGorka/ Visit https://www.sebgorka.com/ for more!
Sep 3 2019

Bernie Saves Journalism: Will He Stop Greedy Fat Cats from Killing Newspapers?


Published on Sep 2, 2019

Democratic-Socialist presidential candidate Bernie Sanders says he’ll stop greedy fat cats from buying, merging, and closing news outlets. The Columbia Journalism Review gives spaces to this “Bernie saves journalism” plan. Would the truth get out more under President Bernie Sanders, or is he merely disturbed that the Democratic party’s PR firm shrinks as the Internet continues killing newspapers? Bill Whittle, Scott Ott and Stephen Green co-pilot this show five times each week, thanks to the Members who fund it. If you’d like to join them, become a Member now at https://BillWhittle.com/register/
Sep 3 2019

Dark Forces & the Dying Embers of Freedom of Speech


Armstrong Economics Blog/Corruption

Re-Posted Sep 3, 2019 by Martin Armstrong

QUESTION: Hi Martin,

I’ve been a big fan of your blogs for all these years. May I ask if you have any recommendation of books or your previous blogs that can help us re-understand better the most important topic that impacts us and that is the understanding of the Cycles in our lives?

Thanks and regards,
E

ANSWER: Unfortunately, the book I wrote back in 1986, “The Greatest Bull Market in History,” brings as much as $3,000 on eBay. Paul Tudor Jones had bought a large quantity and distributed them to his clients so that is probably where most have survived. I have only one copy myself. The receiver confiscated all the copies to prevent them from getting out, I believe, at the request of the Commodity Futures Trading Commission. I have finished what I regard as perhaps one of the most important books.

There really is an effort to prevent any real analysis that exposes the business cycle and those manipulating markets from the safe haven they have been granted in New York City. Everyone knows that NEVER is a single banker every criminally charged for what they do. Even Steve Bannon, the former adviser to Trump who did work at Goldman Sachs, has called the failure to ever prosecute a single person in New York just outrageous. This has tarnished the reputation of the American legal system and acted as a major warning sign that you better count your fingers and toes after doing any deal in New York City. It has taken three foreign governments to go after Goldman Sachs on the Malaysian deal. New York will never investigate the entity and behind the curtain, it is known as Government Sachs.

I am also finishing for the WEC “How do Empires, Nations & City-States Fall – The Dark Age Cycle.” This will be the first time I release the “Dark Age Cycle,” which has been back-tested to 6,000 BC. I have provided the reconstruction of the world monetary system for the first time in an effort to demonstrate how I have used coinage to document history. My research also allows me to answer vital questions of how empire, nations, and city-states actually fall and how rapidly this type of move unfolds.

I have also undertaken the study of the emergence of Dark Ages and compiled the checklist that distinguishes a shift in political orientation from a collapse in civilization itself where it takes a reboot to start all over again.

To produce “The Forecaster,” it was funded by German TV. They gave the Receiver and the government an opportunity to appear and give their side – they all declined. In order to undertake that film, every allegation against the powers that be had to be proven to Lloyds of London in order to underwrite the insurance for the film against slander or lawsuits. Here is the email from Tancred Schiavoni demanding the source code to Socrates be turned over to the government or they would fire all employees. They used the case as an open door to try to stop all forecasting.

To a large extent, they have proven one fact — we were never part of the swamp in New York City. Suddenly more institutions, after getting their finger burned by the New York Bankers, have turned to us knowing that we are the alternative. Even Nigel Farage at the Rome WEC referred to us as the “Alternative to Davos.” I am just sick and tired of the corruption that has placed the entire world economy at risk. The Malaysian 1MBD scandal is just one that is finally being charged criminally, but the US will never defend the people or the economy against the bankers.

They banned the film the Magnitsky Affair in the USA and the Forecaster has been shown on TV in Europe, Asia, and even in Canada – but not the United States. Why? If it is just conspiracy talk, that they allowed being aired. But when it exposes that the USA under the Clinton Administration tried to interfere into the Russian elections back in 2000, that they will not allow being reported in the land of the free and home of the brave bureaucrat who suspends free speech.

Categories: Corruption
Sep 2 2019

The Surrender of Liberty in the Name of Security


Armstrong Economics Blog/Corruption

Re-Posted Sep 2, 2019 by Martin Armstrong

QUESTION: It seems that as we get closer to a change-over of economic systems that as a society we are more willing to give up our rights to the State. Is that part of a pattern during these types of events? Was it seen as Britain, Rome, and other countries lost power after their peaks?
DS

ANSWER: Unfortunately, the trend first materializes when people need the government to protect them usually from an external force. The British used this tactic against both the French and the American colonists. That prompted Ben Franklin to comment on this trend.

After the 3rd Century Monetary Crisis bottomed in the Roman Empire in 268 AD, there was a surge to build a wall around Rome by Emperor Aurelian following the same pattern. Aurelian saw the corruption that led to the debasement of the currency because those minting the coins were robbing the treasury. Aurelian moved to DRAIN THE SWAMP in Rome. When Aurelian returned to Rome in 271 AD after fighting off barbarians, he had to pacify a terrified city. He immediately halted the rioting and restored order to the capital. The controller of the mint in Rome began a rebellion over the monetary reforms laid out by Aurelian. He ordered that all the debased currency be purchased back and replaced with a new currency of higher content in silver. The rebellion was led by Felicissimus.

It appears that those who had been running the mint were embezzling the intended silver and issuing the debased coinage at least in part on their own authority. Obviously, any reform to the monetary system that called for an increase in silver content would have been unprofitable for those running the mint for personal gain. In the rebellion, as many as 7,000 soldiers died when Aurelian was forced to trap and execute them and their allies, some of the senatorial rank, in a terrible battle on the Caelian Hills.

Aurelian then constructed a wall around Rome — the first of its kind. Clearly, there was both a DRAINING OF THE SWAMP and a sense of security that people surrendered in the name of safety. The final phase comes when the suppression of liberty continues to become oppressive and therefore the people eventually wake up and see that the government is using this as a tactic to sustain or grab more power usually in self-defense.

Sep 2 2019

Why Japan Lost So Big Post-1989


Armstrong Economics Blog/Japan

Re-Posted Sep 2, 2019 by Martin Armstrong

QUESTION: Hi Marty, I come from a golfing family and remember very well the shock when a Japanese investment group bought the Pebble Beach Golf Links, in 1990, for $850 million. The previous October Japanese investors bought the Rockefeller Center, triggering a flurry of Japanese purchases of signature U.S. properties such as Pebble Beach.

Was all this investment caused by The Plaza Accord in 1985, which devalued the USD by 40 percent? Which, as you’ve pointed out, also devalued American assets held by Japanese, igniting a sell-off of American investments and the 1987 crash. With cash repatriated back to Japan, the capital inflows into Japan ran the Nikkei up to its peak, in 1989. Within this late-80s early-90s timeframe, this is when the Japanese made their global malinvestments such as Pebble Beach, which they sold just two years later, in 1992, for $500 million, taking a 42 percent loss. Do I have the correlations and causations correct?

Thanks,

TGM

ANSWER: Yes. The Japanese bought US assets at the peak of their markets in 1989. As you can see, the dollar against the yen kept falling into April 1995. Not only did the Japanese lose money on US assets, but they also lost, even more, when they sold them and converted it back to yen on the decline in the dollar.

Currency is EVERYTHING. It dramatically alters the capital flows and can destroy economies because people remain clueless about how foreign exchange markets even function. That should be no surprise since they still teach all the economic theories of the Bretton Woods fixed exchange rate era including Keynesianism.

That is why everyone in the field is self-taught. You cannot get a degree in hedge fund management. Christine Lagarde of the IMF and soon to be head of the European Central Bank is a lawyer with no experience in funds management. People run for president spouting economic promises without the slightest background even in economics. What they teach in school has become ever more irrelevant in the real world. Other than a doctor or lawyer, it is hard to find someone who is working in the field in which they obtained a degree