Drug Trade, Violence, & Capital Flows


QUESTION:

Good afternoon Mr. Armstrong,

First of all, thank you for all the information you give us on your blog so that we who are and live in third world countries like me can understand the behavior of the global economy and especially in the rich countries. The way I approach the issue of the sovereign debt crisis has been very helpful, but I think that just as the press does not talk about the issue, you do not address the issue of how the illegal economy, especially that of drug trafficking, It affects the global economy.

Can you tell us what Socrates says about this last topic?

A big and warm greeting

CMGB

ANSWER: The drug trade is cash. It has had a major impact upon keeping the political governments south of the United States in chaos. In all honestly, if drugs were legalized, it would save so many lives and help reduce crime. In America, many are attracted to selling drugs because of the money they can make without education. South of the border, people are killed and subjected to slavery, tyranny, and political corruption all because of the drug trade. The number of people who die from the violence far exceeds the number of people die of an overdose.

Socrates picks up the cash flows. Much of the money is laundered into real estate around the world, but particularly into Miami.

 

The Senate and Impeachment Dynamic…


As the House impeachment of President Donald Trump becomes more of a forgone political conclusion it’s worth considering what terms and conditions Senate Leader Mitch McConnell will extract in order to preserve a Trump Presidency.

Most political pundits will not correctly outline the status of the possibilities, because most political pundits are willfully blind to the structure of the McConnell Senate.

First, McConnell doesn’t care about holding a majority position in the Senate.  Whether he is a majority leader or a minority leader doesn’t matter to McConnell. In fact McConnell’s political skill-set does better in the minority than the majority.

The preferred political position for Mitch McConnell is where he has between 45 and 49 republican Senators, and the Democrats hold the Majority with around 55.  Of course with Reid’s retirement, this would now be with Majority leader Chuck Schumer holding office.

Why does McConnell prefer the minority position?

The answer is where you have had to actually follow Mitch McConnell closely to see how he works.   When the Majority has around 52 to 55 seats, they need McConnell to give them 8 to 9 votes to overcome the three-fifths (60 vote) threshold for their legislative needs.  It is in the process of trade and payment for those 8 to 9 votes where McConnell makes more money, and holds more power, than as a sitting Majority Leader.

The 60 vote threshold, and McConnell’s incredible skillset in the minority, is where he shines.  Each of the needed votes to achieve sixty is worth buckets of indulgence to the minority leader.  This is why McConnell never changed the Senate rules for legislative passage.

Except for budget passage (reconciliation); and McConnell being forced by intransigence in the era of Trump resistance to change the judicial vote threshold to 51; McConnell would never consider changing the legislative threshold to a simple majority because it would be removing his favored position.  A simple majority vote is adverse to his interests; that’s why he retained it during his reign as majority leader; as did Harry Reid before him.

The vote selling to the 60 vote threshold in the Senate is where the UniParty operates; and where the status of maximum financial benefit for the minority exists.

Currently, as majority leader, McConnell needs to purchase eight or nine votes for each legislative priority.

Mitch McConnell doesn’t like being the purchaser, he prefers being the vote seller where his skill-set as a broker really shines.  McConnell is much better at extracting terms for his vote sales, than being the purchaser for the votes of an intransigent minority wing. This is why the current Senate doesn’t pass many bills.

If Democrats were in the majority, and McConnell was the minority leader, we would see much more legislation pass because Schumer is a more well financed buyer (K-Street) and McConnell is a much better seller.  Whenever we have this minority dynamic it always leaves people confused because few really watch what McConnell is doing.

McConnell takes his favorite twenty controlled GOP senators and brokers their votes on an ‘as needed’ basis.  The eight to ten senators he selects each time get compensated in the process.  McConnell rotates the financial beneficiaries on a bill-by-bill basis.  As a consequence each of the 20 or so McConnell senators gets quite wealthy over time, and McConnell gains additional power and influence.

If any of the republican Senators attempt to disrupt this UniParty business model McConnell excommunicates them from the legislative process; the best reference for the ‘incommunicado’ approach is former U.S. Senator Jim DeMint (R-SC).

Additional references for how McConnell operates this scheme as the Minority Leader can be found in the Corker-Cardin amendment which allowed the Iran nuclear deal/payments under Obama; and/or the “fast track” Trade Promotion Authority deal for TPP passage, again for President Obama’s maximum benefit.   In these examples McConnell worked with Harry Reid to flip the vote threshold from votes to approve, to votes needed to deny.

Within TPP Minority Leader Mitch McConnell was again working on the priorities of U.S. Chamber of Commerce President Tom Donohue.   McConnell and Donohue have been working together on UniParty trade and domestic legislative issues for around twenty years. It is well established that Senate Leader Mitch McConnell has one major career alliance that has been unbroken and unchanged for well over two decades. That alliance is with the U.S. Chamber of Commerce, and specifically with CoC President Tom Donohue.

CoC President Tom Donohue represents Wall Street interests and supports: all multinational trade deals, open-border immigration policies, amnesty legislative constructs, and all of the issues that have generally irked common-sense GOP voters for the same period of time. [SEE HERE and SEE HERE].

Tom Donohue is the biggest lobbyist spender in DC every year, by a mile.

To remind ourselves how Minority and Majority Senator McConnell took down the threat of the Tea Party revisit these old articles CNN Part I and CNN Part II  both showcase how McConnell works.   Then do some research on how McConnell worked with Haley Barbour in Mississippi [SEE HERE].

So the reason for outlining this Senate dynamic is simply to remind everyone that with a Senate impeachment trial coming up, it’s not the 2020 campaign to hold a majority in the senate that matters to Mitch McConnell.  If McConnell can rid himself of Tom Donohue’s nemesis, President Trump, and simultaneously return to his preferred and more lucrative position as minority leader, he would be quite happy.

The first opportunity for leverage over the White House will come in the shape of the Senate “rules of impeachment”.  The senate will have wide latitude in how they set-up the processes and procedures for the trial – and McConnell never misses an opportunity to leverage a “get” from his senate position.

So what will the White House need to give McConnell… or what will McConnell’s ask be, in order to protect the office of the president?  Here’s where you have to remember Tom Donohue and the Wall St priorities.

McConnell (subtext Donohue) would prefer the confrontation with China be eliminated and the tariffs dropped.  Is that too big an “ask”?  Would the White House sell/trade McConnell a China deal for better impeachment terms?

All of these are questions worth pondering now, because there’s no doubt they are being discussed amid those in DC sitting on the comfy Corinthian wing-backs and gleefully rubbing their hands around a well polished mahogany table….

….There are trillions at stake !

 

Chris Heinz’s Dad Endorses Hunter Biden’s Dad – A ‘Protect the Family’ Decision…


Hunter Biden, Chris Heinz and Devon Archer created an international private equity firm. It was anchored by the Heinz family alternative investment fund, Rosemont Capital.

The Rosemont group described themselves as “a $2.4 billion private equity firm co-owned by Hunter Biden and Chris Heinz,” with Devon Archer as “Managing Partner.”

As Vice-President Joe Biden (Hunter’s dad) and Secretary of State John Kerry (Chris’s dad) negotiated sensitive and high-stakes deals with foreign governments, Rosemont secured a series of exclusive financial deals with those same foreign governments. Hunter Biden and Chris Heinz made millions.  Today John Kerry endorses Joe Biden:

In the spring of 2014, Hunter Biden and Devon Archer joined the board of Burisma Holdings, a Ukrainian gas company that was at the center of a U.K. money laundering probe. Over the next year, Burisma reportedly paid Biden and Archer’s companies over $3 million. Because VP Biden’s job overseeing Ukraine was too obvious a construct for the financial influence operation Chris Heinz reportedly cut ties with Hunter and Devon.

Biden Bit My Finger: Plus, Kids Loved to Rub Joe’s Hairy Legs


You won’t believe a leading candidate for president said this — or did that — but former Veep Joe Biden tells a weird tale about his days as a lifeguard, and he bite’s his wife’s finger…on the campaign stump. Did Biden’s speech writer pen the story about how kids loved to rub Joe’s hairy legs? Does he have anyone on his staff to restrain him from raving? Should we be seriously concerned that something is mentally wrong with the leading Democratic presidential candidate? Right Angle with Stephen Green, Bill Whittle and Scott Ott, comes to you 16 times each month, thanks to our Members, who get to enjoy an additional four Backstage episodes, plus write their own blog, and interact with a comments forum and private messaging on our website at https://BillWhittle.com – Become a Member at https://BillWhittle.com/register/ – Support us on Patreon: https://www.patreon.com/billwhittle – Listen to our shows on the go with your podcast app: http://bit.ly/BWN-Podcasts – Watch us now on Amazon’s Fire TV by downloading the Bill Whittle Network app. http://bit.ly/BWN-FireTV – Ask your Amazon smart device, “Alexa, play Bill Whittle Network on TuneIn radio.” – We’re on Bitchute too: http://bit.ly/BWN-Bitchute

Socrates Project – Best Kept Secret


QUESTION: Marty; A friend of mine is an analyst at one of the major banks in New York. He said they are not allowed to forecast some things as you said. He used to work for a European bank and did say it was much worse.  He said everyone who is anyone reads you. He also said that none of the mainstream media will ever report on Socrates because you will put all analysis out of business. Is this why you intend to go public?

Thanks so much for your insight in creating Socrates.

MH

ANSWER: Mainstream press in the USA has never been interested in really covering our analysis. They are not interested in reporting that a computer can actually write reports and forecast the entire world. You have to understand, we remain the best-kept secret. Even when Nigel Farage was our guest speaker in Rome, he said he had to come after we forecast BREXIT. Now, not a single British newspaper ever reported our forecast before or after. Nonetheless, those in power and in strategic institutions and corporations, all know what our forecasts were. So it is an interesting paradox. We are the best-read, but the most under-reported.

Nobody wants to report there is a computer that forecasts the world for it at the same time exposes the true trend of the economy and all the interconnections, including climate change. In the summer when the Inverted Yield Curve was taking place, all the newspapers were forecasting Trump would lose because the economy was headed into a recession. That was their typical biased war against Trump. Our model showed there would be a moderate decline in the expansion into the ECM for January, but that we did not see a major correction or a major recession.

These types of forecasts are not luck nor are they based upon what “I think” for we are all human and thus we are subject to making mistakes. We need a dispassionate analysis of a computer to provide an objective outlook. People keep trying to compete with me personally which is often quite funny to me.

Socrates will only be recognized when (1) we go public, and (2) after my death. That is just how things work. Even in the Bible, Jesus said that a prophet has no honor or is recognized in his own country’ (John 4:44). That is the way it has ALWAYS been in every field. Not exactly sure why it is that way. It just is! I have always been covered more by the press outside the USA than inside.

Italy & the Euro


QUESTION: Dear Mr Armstrong,
When will the Euro begin the final drop against the USD?
My second question is property in Italy seems to be rising. Is this what you referred to a currency inflation?

CDP

ANSWER: The decline in the euro since 2008 has been steady, but gradual to some extent. The EU government has been warning banks not to accept short positions and they have done their best to try to hold the currency. The final blow comes ONLY when the general public realizes that there is a problem with all central banks. They cannot support the economy while the fiscal side makes no effort at reform. That is more likely in the 2021-2022 time period.

As far as property in Italy is concerned, Italians have a cultural attachment to property. Many have more than one place. They have traditionally sought to park money in property because the Italian lira was in a perpetual decline.

Pension funds on a global scale will become a major crisis. Japan has the worst aging population. However, the same problem exists in Europe and America. This is a long-term issue rather than instantly, right now

German Politics


QUESTION:

Hi Martin,

It can not be said enough: thank you for everything that you do.

I have a question that has been bothering me for some time now. I haven’t had the time to compose it until now.

You often talk of the fact that Hitler was elected with only 30% of the vote, and was allowed to propagate because of it. This changed the face of Europe and the world.

Was this the same for Merkel? Was she allowed, with only 30% of the vote, to open the borders and so change the face of Europe for decades to come?

If so, then Germany, with all its preoccupation about hyperinflation, has misread history and so should have focused on electoral reform rather than austerity.

Thanks, from a dedicated daily reader,

D

ANSWER: Yes, political reform in Germany is really essential. At the very least, it should adopt the French system where the first round of voting reduces the multi-party factions to two. Then the people have to vote between them. In the case of Germany, they form governments from groups to form coalitions. This means there must be compromises in what the people voted for. It is wrong that those compromises are then decided by politicians rather than the people. The next result, someone with only 30% can change the face of Germany and Europe

Candidate Kamala Harris Drops Out…


At the beginning Senator Kamala Harris was the favorite candidate of CNN and strongly promoted.  Harris was also the favorite candidate for a specific group of very immature female journalists; essentially an ideological media clique resembling High School girls.

Harris never had a chance in a national campaign, she is professionally unlikable and immensely inauthentic.

As a consequence her candidacy was reduced to a series of embarrassingly childish and staged antics by a group of codependent enablers that ended-up highlighting her lack of professional qualification.  Hang around a group of one-legged idiots and sooner or later you’re gonna end up limping.  Harris’ campaign limping was akin to a slightly drunk office party that everyone would normally prefer to forget. Except she kept repeating it -like groundhog day- without recognizing the embarrassment.

She exits the race profoundly damaged, a caricature of political incompetence personified.  Harris will never recover & her immaturity will preclude herself from taking responsibility.

ADVICE To Teenage Daughter Climate Response


COMMENT: I am really, really upset and astonished by ”A LETTER FROM A CONSTITUENT ABOUT HOW HE ADVISED HIS TEENAGE DAUGHTER ON ‘CLIMATE CHANGE’”.

I am certain that there are more points to be made but here is mine:
Bicycle Do you know they are made of steel, aluminum, plastic, rubber, etc, etc. All ingredients devastating to our planet. The only sensible solution is to walk or if you are in a hurry run. By the way, running will keep you warm.

Cold shower Well I suppose that the water is brought to the house in buckets, made out of some material not harming the environment, from a nearby stream of water. In the winter ok if not possible then sorry, you have to wait for the spring. This will also save a lot of water and cleaning of effluents.

WiFi Oh my god! That means she has a mobile, tablet and/or computer! Discard all of them. Of course in a safe way. Certified recycler is nearby I suppose so you don’t have to walk too far.

Horsehair pillow Are you for real? For that, she needs a horse. Why not start with the primary ingredient for growing a horse, HAY! Which by the way is perfect for the mattress. Maybe she can cut off her own hair and stuff her pillow?

I really hope that your wonderful off-spring survives until summer.

LETTER ON HOW TO ADVISE A TEENAGE DAUGHTER ON ‘CLIMATE CHANGE’


A LETTER FROM A CONSTITUENT ABOUT HOW HE ADVISED HIS TEENAGE DAUGHTER ON ‘CLIMATE CHANGE’:

After our daughter of fifteen years of age was moved to tears by the speech of Greta Thunberg at the UN the other day, she became angry with our generation “who had been doing nothing for thirty years.”

So, we decided to help her prevent what the girl on TV announced of “massive eradication and the disappearance of entire ecosystems.”

We are now committed to give our daughter a future again, by doing our part to help cool the planet four degrees.

From now on she will go to school on a bicycle, because driving her by car costs fuel, and fuel puts emissions into the atmosphere. Of course it will be winter soon and then she will want to go by bus, but cycling through the freezing builds resilience.

Of course, she is now asking for an electric bicycle, but we have shown her the devastation caused to the areas of the planet as a result of mining for the extraction of Lithium and other minerals used to make batteries for electric bicycles, so she will be pedaling, or walking.

Which will not harm her, or the planet. We used to cycle and walk to school too.

Since the girl on TV demanded “we need to get rid of our dependency on fossil fuels” and our daughter agreed with her, we have disconnected the heat vent in her room. The temperature is now dropping to twelve degrees in the evening, and will drop below freezing in the winter, we have promised to buy her an extra sweater, hat, tights, gloves and a blanket.

For the same reason we have decided that from now on she only takes a cold shower. She will wash her clothes by hand, with a wooden washboard, because the washing machine is simply a power consumer and since the dryer uses natural gas, she will hang her clothes on the clothes line to dry, just like my parents and grandparents used to do.

Speaking of clothes, the ones that she currently has are all synthetic, so made from petroleum. Therefore on Monday, we will bring all her designer clothing to the secondhand shop.

We have found an eco store where the only clothing they sell is made from undyed and unbleached linen and jute. Also can’t have clothes made on wool, because the emissions from farting sheep are supposedly causing bad weather.

It shouldn’t matter that it looks good on her, or that she is going to be laughed at, dressing in colorless, bland clothes and without a wireless bra, but that is the price she has to pay for the benefit of The Climate.

Cotton is out of the question, as it comes from distant lands and pesticides are used for it. Very bad for the environment.
We just saw on her Instagram that she’s pretty angry with us. This was not our intention.

From now on, at 7 p.m. We will turn off the WiFi and we will only switch it on again the next day after dinner for two hours. In this way we will save on electricity, so she is not bothered by electro-stress and will be totally isolated from the outside world. This way, she can concentrate solely on her homework. At eleven o’clock in the evening we will pull the breaker to shut the power off to her room, so she knows that dark is really dark. That will save a lot of CO2.

She will no longer be participating in winter sports to ski lodges and resorts, nor will she be going on anymore vacations with us, because our vacation destinations are practically inaccessible by bicycle.

Since our daughter fully agrees with the girl on TV that the CO2 emissions and footprints of her great-grandparents are to blame for ‘killing our planet’, what all this simply means, is that she also has to live like her great-grandparents and they never had a holiday, a car or even a bicycle.

We haven’t talked about the carbon footprint of food yet.

Zero CO2 footprint means no meat, no fish and no poultry, but also no meat substitutes that are based on soy (after all, that grows in farmers fields, that use machinery to harvest the beans, trucks to transport to the processing plants, where more energy is used, then trucked to the packaging/canning plants, and trucked once again to the stores) and also no imported food, because that has a negative ecological effect. And absolutely no chocolate from Africa, no coffee from South America and no tea from Asia.

Only homegrown potatoes, vegetables and fruit that have been grown in local cold soil, because greenhouses run on boilers, piped in CO2 and artificial light. Apparently, these things are also bad for The Climate. We will teach her how to grow her own food.

Bread is still possible, but butter, milk, cheese and yogurt, cottage cheese and cream come from cows and they emit CO2. No more margarine and no oils will be used for the frying pan, because that fat is palm oil from plantations in Borneo where rain forests first grew.

No ice cream in the summer. No soft drinks and no energy drinks, as the bubbles are CO2.

We will also ban all plastic, because it comes from chemical factories. Everything made of steel and aluminum must also be removed. Have you ever seen the amount of energy a blast furnace consumes or an aluminum smelter? All bad for the climate!

We will replace her memory foam pillow top mattress, with a jute bag filled with straw, with a horse hair pillow.

And finally, she will no longer be using makeup, soap, shampoo, cream, lotion, conditioner, toothpaste and medication. Facewashers will all be linen, that she can wash by hand, with her wooden washboard, just like her female ancestors did before climate change made her angry at us for destroying her future.

In this way we will help her to do her part to prevent mass extinction, water levels rising and the disappearance of entire ecosystems.

If she truly believes she wants to walk the talk of the girl on TV, she will gladly accept and happily embrace her new way of life.

Regards,

(Name Withheld)