Tag Archives: progressives
Hillary to Run Again in 2020
Armstrong Economics Blog/Politics
Re-Posted Nov 13, 2018 by Martin Armstrong
Yes, the rumors are True. Hillary is indeed planning on running again in 2020. She will throw her Pants-Suit into the ring. I have been hearing that for months now from several sources. It has now even appeared in the Hill publication. Hillary is a diehard ’60s women’s libber and she actually believes it is her divine right to be the first woman president. The Clinton’s were masters at controlling the Democratic Party. Let’s see how she will get them to “plead” with her to run – that is what the rumor is behind the curtain. She will pretend there is nobody else and the Democrats will lay flowers at her feet and beg her to run.
Poland to Break with EU by 2020?
Armstrong Economics Blog/Eastern Europe
Re-Posted Nov 13, 2018 by Martin Armstrong
QUESTION: Mr. Armstrong; When you were here last giving lectures in Poland, you said that we should leave the EU, retain our currency, and focus of your ties to the United States and Asia. You said if we did that, Poland would be one of the most imp[ortant economies in Europe. Have you updated that forecast at all?
Thank you
It was a tremendous honor to shake your hand in Warsaw.
JF
ANSWER: Poland is and will remain at the center of economic growth within Europe and it will still experience increasing political influence. Poland’s population won’t decline as much as those of the other major European economies and that is critical moving forward economically. Poland is also the most prosperous European state on Russia’s western border. That will mean that it will expand its position as a regional leader with political and economic prestige.
The Zloty has strengthened against the dollar and the Euro. The critical time where Poland may see this break with the EU could come in 2020.
Sunday Talks: Democrat Representative David Cicilline Discusses Marxist Economic Priorities – Siege Agenda to Eliminate Trump…
November 11, 2018
Success in the midterm election secured power for House Democrats. The discussion then moves to how are the democrats going to use that power? Representative David Cicilline, co-chair of the Democratic Policy and Communications Committee, indicates their intended set of priorities in a series of Sunday talking points.
Democrats in the House intend to raise taxes on individuals and corporations; roll back the MAGAnomic policy for corporate tax incentives (investment, jobs, and manufacturing) and create a bigger gap between low and top income earners through their spending controls. In essence, Democrats take control over income earnings (via tax policy) and distribute it to their constituents based on need. [Historic Fabian approach]
Simultaneously, the House committees (Oversight, Judiciary, Intel, Finance) will begin immediate investigations of the Trump administration, writ large, and -using those investigations- secure the pathway to the 2020 election cycle.
.
Cecilline admits OUR CTH PROJECTION is entirely accurate.
Unfortunately, we have solid references to base these predictions on – because there’s a solid frame of reference from the 2006 midterm and the subsequent consequences we saw in 2007, 2008, 2009, 2010.
If we take the empirical 2006 example as the starting point and overlay the 2018 landscape to modernize the predictive model, what results is a most likely scenario.
First, any intellectually honest review must overlay the current political environment. In 2018 the scale of unchecked lawless behavior is a significant influence toward the differences we can expect from the last time Democrat/Marxists held congressional power. The term “Democrat-socialism”, in essence a Marxist approach, is now the dominant fuel within the professional DNC political operations.
When the Democrats last held power in 2006, their actionable objective was toward a far-left, Saul Alinsky-type aggressive tone and influence; however, there was a need to couch that intention as they positioned Senator Barack Obama for the 2008 presidential election.
In 2006 the radicals, needed to downplay their radicalism. In 2018 the severity and aggression of the left, as assisted by the dropping of all media pretense, no longer needs to hide the intention. When Democrat-Marxists take control in January of 2019 they no longer need to couch the extremism, the American electorate have been prepped.
Secondly, it cannot be overstated how violent and confrontational the House of Representatives will be as soon as they are sworn in. They will work with an immediate purposeful intention. All political violence will be approved to attain their objectives. The recent behavior of Jim Acosta (CNN media), and ANTIFA toward Tucker Carlson, is now, and will be going forward, the new normal.
There will be extreme political violence.
In 2006 it was the SEIU and AFSCME union foot-soldiers who smashed windows, advanced upon polling places and engaged in the most severe examples of voter fraud and intimidation. In 2018, with the help of uber-Alinsky DNC Chairman Tom Perez, that corrupt sentiment is now institutionalized within democrat-socialist political apparatus. ANTIFA is now the DNC grassroots activist approach.
Failing to accept the severity of this shift in the past decade is intellectually dishonest. As Nancy Pelosi said of the Occupy Wall Street violent anarchists: “God bless these people.” Indeed the OWS precursor to ANTIFA were laying the groundwork for the new severity of power in Democrat leadership. Nothing is out-of-bounds; no level of corrupt behavior will be avoided; everything will happen openly and without any backlash from a compliant media apparatus; the social fabric will be shredded.
The Democrat mantra: “never let a crisis go to waste” is the modern version of the Fabian-Socialist: “remould it nearer to the heart’s desire“.
[Fabian Window –>]
Both approaches rely upon the destruction of acceptable norms in order to advance the political objective.
♦Specifics: When Democrats last took power in January 2007, Nancy Pelosi and Steny Hoyer took control in the final two years of George Bush second term. Immediately they set about a process laying the groundwork for the 2008 presidential election of Barack Obama. This was a priority objective.
One of the techniques was the removal of the budget process. By eliminating the federal budget process in 2007 (fiscal year ’08) the Democrats paved the way for the next democrat president to demand massive open-ended spending.
By the time the year of the general election came around (2008), the lengthy budget process was replaced with Omnibus spending bills (fiscal year 2009). Obviously when Obama was successfully installed in November of 2008, the useful crisis was financial. The subsequent TARP bailout, auto bailout, ARRA ($1 trillion stimulus) and QE1 were all accomplished with massive omnibus spending packages.
[NOTE: These are important references because from that moment forward, despite the GOP taking back control in January 2011, the constraining budgetary process was forever destroyed. There was never regular-order budgetary spending again.]
It is also critical to emphasize the difference between Democrats taking control in the last two years of Bush’s second term, and Democrats taking control in the last two years of Trump’s first term. Within this difference you will predictably see a shift in strategic operations from the Marxists.
George W Bush was exiting, and unlimited spending was used to empower the entry of Obama; however, now the Marxists need to knee-cap President Trump by weaponizing the power of the purse – the biggest weapon of the House of Representatives.
After a ten year UniParty hiatus the Marxists will now go back to using budgets in the structural defunding and dismantling of ICE (Immigration and Customs Enforcement), the Southern Border Wall, and any program, initiative, policy or institution the Marxists want to see removed. This is a strategy of the Democrat crisis-makers; and they are exceptionally better at achieving their desired results than Republicans.
When it comes to political weaponization and political power constructs the Marxists have exceptional work ethics; they will outwork anyone on the other side who opposes them. They are far, far, better at political strategy and scheme than conservative politicians. Part of the reason for their success is that crooks, cons and swindlers are far more cunning than honorable, virtuous and moral people. It is unfortunate, but true; and the same truth applies beyond politics.
♦ Two other thoughts on this issue. First, you might remember when this massive spending, and the government takeover of healthcare, led to the Marxists losing the 2010 midterm election in a massive defeat. But do you remember what the democrats did in the lame-duck congress between November 2010 and January 2011?
Does the term “Porkulous” ring a bell?
While 63 democrat seats were lost in the November 2010 election (and six democrat senate seats), those exiting Marxists, despite just having suffered the worst defeat in almost 100 years, audaciously –and apologetically– voted in the December 2010 lame-duck session, to fully fund President Obama’s next two years in office. This was done by Speaker Nancy Pelosi specifically to block the incoming GOP wave from upending the priorities of the Obama administration in 2011. That was called the “Porkulous” spending bill; and the democrat-marxists didn’t give a snit about how it looked.
Now, do you think Speaker Paul Ryan will do anything as bold to fund and secure the budgetary priorities of President Donald Trump in this lame-duck?
Secondly, about the overall unilateral commitment and cunning historically displayed by the Marxists. They are so committed to the long-term view they are willing to sacrifice anything for the biggest, most consequential, advances toward their objectives. In 2010 the democrats killed their own “blue-dog” coalition to advance their ideological goals.
Within the 63 House seats the Marxists lost in that 2010 midterm election; they killed off the entire 40 member Bart Stupak coalition; the blue-dog caucus. Totally willing to sacrifice 40 seats to attain a generational ideological objective (ObamaCare); and they are about to step back into power a mere eight years later. Stunning when you think about it.
In my opinion few Americans have any idea just how bad these next two years are going to be. It’s not our fault.
The majority of Americans are normal people who work earnestly to take care of their families and watch over the future for their children and grandchildren. Most Americans don’t spend every moment of their day scheming, conniving, and developing plans to dismantle the lives of your freedom loving community and rebuild it as a collective society.
For these Democrat-Marxists who are about to take power that’s all they do. Every moment of their existence they spend thinking about how to gain power and dominate, 24/7/365 ; it really is all they do.
This is their utopian model:
The Distrust of Government
Armstrong Economics Blog/Politics
Re-Posted Nov 11, 2018 by Martin Armstrong
In Florida, the vote was very close. Ron DeSantis got nearly 40,000 more votes than socialist Andrew Gillum in the Florida governor’s race. Then Rick Scott over 15,000 more votes than Bill Nelson in the Senate race. Florida’s secretary of state ordered a recount Saturday afternoon for the elections for governor and U.S. Senate. Both races remain within the 0.5-percent margin of victory that triggers an automatic recount under state law.
Clearly, with the recount for Governor and the Senate, the election is just not over. This is quite amazing but it reflects just how divided the nation has become. As the political chaos continues, we just may see the distrust of government send more and more capital fleeing from government bonds to equities.
The warning signs are there always. Of course, if the Democrats come in under 47 in the Senate, we should expect that we are headed into a political shift that people never saw coming. Trump’s election has now been validated. The Republicans who retired because they did not support Trump, like Speaker Ryan, completely misread the warning signs. They may think they can hide their head in the sand, but there will be no place to hide.
So get ready and buckle up. We may not have yet resolved the US elections, but we now have to turn and look at Europe. Welcome to the new interesting times. How everything shakes out will determine where capital flees to next
Kennedy – Roosevelt & Corruption?
Armstrong Economics Blog/Corruption
Re-Posted Nov 10, 2018 by Martin Armstrong
QUESTION: Mr. Armstrong; I had always heard that Kennedy made a fortune on Scotch. My question is, where they booze runners during the Prohibition?
Thank you
GR
ANSWER: No. But they actually used Roosevelt to secure that lucrative import trade of Scotch – my favorite drink. Joe Kennedy traveled to London in 1934 on the steam-driven ocean liner, the SS Europa. While he brought his wife with him he also brought James Roosevelt (1907 – 1991), the American president’s oldest son. The trip was portrayed as a please vacation, but bringing the President’s son was the clear signal it was not a vacation.
Kennedy’s main prize would be to gain the British rights to send Scotch whiskey, gin, and other imported liquors. He knew based upon inside information that Prohibition would be ended. Joe brought the president’s 25-year-old son to help organize a private visit with Winston Churchill. He used Roosevelt’s son to get that contract. The deal paid off and Joe got the private meeting with Churchill and visited him at Churchill’s Chartwell home.
So you see, political inside favors have been going on a very long time. James Roosevelt was closely linked with Joseph P. Kennedy Sr. Many of James Roosevelt’s controversial business ventures were indeed aided by Kennedy. Jame’s dealings were often clouded. In fact, Treasury Secretary Henry Morgenthau even threatened to resign unless FDR forced James to leave a questionable company which became known as the National Grain Yeast Corp. affair (1933–35), which was believed to be just a front for bootlegging. It was James Roosevelt who lobbied his father to make Kennedy the ambassador to the United Kingdom.
James was a shading type of character in the eyes of many. Later on, during July 1938, there were allegations that he had used his political position to steer lucrative business to his insurance firm. He was then forced to publish his income tax returns and denied these allegations in an NBC broadcast and an interview in Collier’s magazine. This became known as the Jimmy’s Got It affair after Alva Johnston’s reportage in the Saturday Evening Post. Roosevelt resigned from his White House position in November 1938. The press was often highlighting how rich Jimmy was becoming when his father was a Socialist
Florida Governor Rick Scott Discusses Transparent Ballot Fraud Ongoing, Yet Again, In Well Known, Corrupt, Broward County….
November 8, 2018
Anyone with a reasonable amount of political knowledge is aware that within Florida the epicenter of voter fraud takes place in Broward and Palm Beach counties. Both of these areas are not just filled with corrupt election officials; as was noted in the background of the Parkland school shooting, every element of county and city government is corrupt.
Broward County Supervisor of Elections, Brenda Snipes, has an exhaustively documented history of rampant and ‘in-your-face’ unapologetic fraud within the election process. In the latest example, Snipes is once again producing ballots -filled out by her political operatives- long after the election is over. Everyone in Florida knows the Snipes routine.
Brenda Snipes keeps “her people” working to produce ballots until law enforcement arrive. Once she is confronted she shouts “racism”, and officials back away allowing the corruption to continue. This process has worked very well for her in the past and she is openly compensated by left-wing political operations for her efforts. In the 2016 election the Hillary Clinton campaign paid Brenda Snipes to send two ballots to every democrat.
So it doesn’t come as a surprise to see Ms. Snipes at the center of the operation to steal yet another set of election in 2018; the objective this time is to give the governors race and senate race to the democrat party… Prior endeavors in 2012 and 2014 were successful.
What We Can Expect With a Democrat-Marxist Controlled House of Representatives….
November 8, 2018
CTH has received multiple requests for a review of predictable consequences as a result of the midterm election. Thankfully, and perhaps unfortunately, we have solid references to base these predictions on – because there’s a solid frame of reference from the 2006 midterm and the subsequent consequences we saw in 2007, 2008, 2009, 2010.
If we take the empirical 2006 example as the starting point and overlay the 2018 landscape to modernize the predictive model, what results is a most likely scenario.
First, any intellectually honest review must overlay the current political environment. In 2018 the scale of unchecked lawless behavior is a significant influence toward the differences we can expect from the last time Democrat/Marxists held congressional power. The term “Democrat-socialism”, in essence a Marxist approach, is now the dominant fuel within the professional DNC political operations.
When the Democrats last held power in 2006, their actionable objective was toward a far-left, Saul Alinsky-type aggressive tone and influence; however, there was a need to couch that intention as they positioned Senator Barack Obama for the 2008 presidential election.
In 2006 the radicals, needed to downplay their radicalism. In 2018 the severity and aggression of the left, as assisted by the dropping of all media pretense, no longer needs to hide the intention. When Democrat-Marxists take control in January of 2019 they no longer need to couch the extremism, the American electorate have been prepped.
Secondly, it cannot be overstated how violent and confrontational the House of Representatives will be as soon as they are sworn in. They will work with an immediate purposeful intention. All political violence will be approved to attain their objectives. The recent behavior of Jim Acosta (CNN media), and ANTIFA toward Tucker Carlson, is now, and will be going forward, the new normal.
There will be extreme political violence.
In 2006 it was the SEIU and AFSCME union foot-soldiers who smashed windows, advanced upon polling places and engaged in the most severe examples of voter fraud and intimidation. In 2018, with the help of uber-Alinsky DNC Chairman Tom Perez, that corrupt sentiment is now institutionalized within democrat-socialist political apparatus. ANTIFA is now the DNC grassroots activist approach.
Failing to accept the severity of this shift in the past decade is intellectually dishonest. As Nancy Pelosi said of the Occupy Wall Street violent anarchists: “God bless these people.” Indeed the OWS precursor to ANTIFA were laying the groundwork for the new severity of power in Democrat leadership. Nothing is out-of-bounds; no level of corrupt behavior will be avoided; everything will happen openly and without any backlash from a compliant media apparatus; the social fabric will be shredded.
The Democrat mantra: “never let a crisis go to waste” is the modern version of the Fabian-Socialist: “remould it closer to the heart’s desire“. Both approaches rely upon the destruction of acceptable norms in order to advance the political objective.
♦Specifics: When Democrats last took power in January 2007, Nancy Pelosi and Steny Hoyer took control in the final two years of George Bush second term. Immediately they set about a process laying the groundwork for the 2008 presidential election of Barack Obama. This was a priority objective.
One of the techniques was the removal of the budget process. By eliminating the federal budget process in 2007 (fiscal year ’08) the Democrats paved the way for the next democrat president to demand massive open-ended spending.
By the time the year of the general election came around (2008), the lengthy budget process was replaced with Omnibus spending bills (fiscal year 2009). Obviously when Obama was successfully installed in November of 2008, the useful crisis was financial. The subsequent TARP bailout, auto bailout, ARRA ($1 trillion stimulus) and QE1 were all accomplished with massive omnibus spending packages.
[NOTE: These are important references because from that moment forward, despite the GOP taking back control in January 2011, the constraining budgetary process was forever destroyed. There was never regular-order budgetary spending again.]
It is also critical to emphasize the difference between Democrats taking control in the last two years of Bush’s second term, and Democrats taking control in the last two years of Trump’s first term. Within this difference you will predictably see a shift in strategic operations from the Marxists.
George W Bush was exiting, and unlimited spending was used to empower the entry of Obama; however, now the Marxists need to knee-cap President Trump by weaponizing the power of the purse – the biggest weapon of the House of Representatives.
After a ten year UniParty hiatus the Marxists will now go back to using budgets in the structural defunding and dismantling of ICE (Immigration and Customs Enforcement), the Southern Border Wall, and any program, initiative, policy or institution the Marxists want to see removed. This is a strategy of the Democrat crisis-makers; and they are exceptionally better at achieving their desired results than Republicans.
When it comes to political weaponization and political power constructs the Marxists have exceptional work ethics; they will outwork anyone on the other side who opposes them. They are far, far, better at political strategy and scheme than conservative politicians. Part of the reason for their success is that crooks, cons and swindlers are far more cunning than honorable, virtuous and moral people. It is unfortunate, but true; and the same truth applies beyond politics.
♦ Two other thoughts on this issue. First, you might remember when this massive spending, and the government takeover of healthcare, led to the Marxists losing the 2010 midterm election in a massive defeat. But do you remember what the democrats did in the lame-duck congress between November 2010 and January 2011?
Does the term “Porkulous” ring a bell?
While 63 democrat seats were lost in the November 2010 election (and six democrat senate seats), those exiting Marxists, despite just having suffered the worst defeat in almost 100 years, audaciously –and apologetically– voted in the December 2010 lame-duck session, to fully fund President Obama’s next two years in office. This was done by Speaker Nancy Pelosi specifically to block the incoming GOP wave from upending the priorities of the Obama administration in 2011. That was called the “Porkulous” spending bill; and the democrat-marxists didn’t give a snit about how it looked.
Now, do you think Speaker Paul Ryan will do anything as bold to fund and secure the budgetary priorities of President Donald Trump in this lame-duck?
Secondly, about the overall unilateral commitment and cunning historically displayed by the Marxists. They are so committed to the long-term view they are willing to sacrifice anything for the biggest, most consequential, advances toward their objectives. In 2010 the democrats killed their own “blue-dog” coalition to advance their ideological goals.
Within the 63 House seats the Marxists lost in that 2010 midterm election; they killed off the entire 40 member Bart Stupak coalition; the blue-dog caucus. Totally willing to sacrifice 40 seats to attain a generational ideological objective (ObamaCare); and they are about to step back into power a mere eight years later. Stunning when you think about it.
In my opinion few reading this have any idea just how bad these next two years are going to be. It’s not your fault. We are the normal people who don’t spend every moment of our day scheming, conniving, and developing plans to dismantle the lives of your freedom loving community and rebuild it as a collective society. For these Marxists who are about to take power that’s all they do. Every moment of their existence they spend thinking about how to gain power and dominate, 24/7/365 that’s all they do.
Lastly, future predictions: Michael Bloomberg will be the Democrat/Marxist nominee for 2020. There will be a field of candidates; but the professional Democrat machine will run the splitter strategy, and the back-room crowd who really control the elements of power have already pre-selected their nominee, Michael Bloomberg. Marxists always have the plan mapped out well in advance. (A woman will be the VP nominee)
If you start now looking at what actions the Marxists are taking, through the prism of their goal being President Michael Bloomberg, lots of things will make a lot more sense.
Antifa Threatening Fox Host Family at their Home Mentioning Using a Pipe Bomb
Armstrong Economics Blog/Civil Unrest
Re-Posted Nov 9, 2018 by Martin Armstrong
The left is getting very violent for now an Antifa mob gathered outside of Fox New’s anchor Tucker Carlson’s home Wednesday night in Washington, DC. They were chanting: “Tucker Carlson, we will fight. We know where you sleep at night.” In a video they posted online, these people who think it is alright to use violence against what they think whatever is fascistic demonstrates just how serious the future will be They were yelling “racist scumbag, leave town!” There do not even understand what racism is for there are ONLY four races – black, red, yellow, and white. Mexican is not a race any more than being an American is a race. How stupid these people are is beyond belief.
Carlson’s wife, Susie, was home alone. She was frightened, hid in a pantry, and then called the police. They actually broke one of his doors and the group could be heard mentioning a pipe bomb on a security video. They have scared his family and his four children. He said he never thought twice about leaving his children home, but now he does. This is what is taking place and as this Antifa movement expands, they are simply becoming criminals pretending to be anti-racist.
The Antifa Movement is spreading nationwide. It is becoming violent and we should expect more of this over the next two years which may culminate in major political violence in 2020.
Bundesbank warns of Coming Pension Crisis
Armstrong Economics Blog/Pension Crisis
Re-Posted Nov 8, 2018 by Martin Armstrong
The Bundesbank has come out warning that there is a German pension crisis. They have proposed that states raise the pension tax and that they should gradually increase the retirement age because the life
expectancy in the future has risen. Central Bank President, Jens Weidmann, has stated that he is generally in favor of raising the statutory retirement age beyond 67 years.
We must understand that the ECB policy of “stimulating” the economy with negative interest rates has bankrupted state pension plans. This theory that lowering interest rates to get people to borrow and thus manipulate demand higher has NEVER been proven to have ever worked. The consequence of what we now face is a major pension crisis that is undermining the future of Western economies











