Posted originally on Feb 19, 2024 By Martin Armstrong
I cannot stress enough that many businesses have been put on notice – get the hell out of NY ASAP! After Judge Engoron’s ruling, even the absurd Democrat Governor Kathy Hochul has been forced to come out because of rumblings of mass migration from NYC to Florida, where companies are welcome and there is no State Income Tax. There have been warnings that businesses are looking elsewhere and realizing that there is a MAJOR risk to doing business in New York state as a whole. Hochul has publicly been forced to try to reassure businesses that they have “nothing to worry about” after the ruling.
It appears that Socrates has predicted the outcome of Trump’s absurd prosecutions in New York, for it elected a Yearly & Quarterly Bearish Reversal on State revenues. New York will continue to lose high-net-worth residents, resulting in rising taxes on the fools that remain. There is no rule of law left in this city. Fining Trump for “fraud” when there were no victims and whatever you claim to be worth is reviewed independently by a bank anyway. Even Deutsche Bank admitted they gave the loans based on their own evaluations. – not Trump’s.
Posted originally on Feb 18, 2024 By Martin Armstrong |
COMMENT: If you want justice, go to a whore house. If you want to get screwed, go to a courthouse in N.Y.
UD
REPLY: That is probably very true. I guess you at least get what you pay for.
This fine imposed on Trump of $355 million, plus interest and penalties, is so outrageous it is furthering the collapse in confidence in the government, which has just become so corrupt and out of control. To put this in perspective, GoldmanSachs has agreed to pay $550 million to the Securitiesand Exchange Commission for the whole Mortgage-backed collapse they instigated. The billions of dollars lost by people was incalculable. It resulted in the Great Recession.
The entire world knows this NYC verdict is not just biased; it is deliberately interfering in the 2024 election. If Trump had not been running for president, none of these cases would have been brought. New York City has the most corrupt court system in the United States as well as many third world countries, and this verdict is proof of that fact.
As I said, this verdict is so outrageous, along with the absurd jury award in the Carrol case; New York City is by no means a place to do business – EVER! The world is waking up. As I have said, when I asked a New York Lawyer why no banker ever goes to prison in NYC, his response was:
Posted originally on the CTH on February 19, 2024 | Sundance
New York Governor Kathy Hochul has admitted the lawfare deployed against the Trump organization and President Donald Trump himself was a specific plan for his targeting and any other business interests or people within New York should not be concerned.
It’s a rather brazen admission all things considered; however, if it changes the public outlook as the various New York lawfare cases against President Trump continue, is yet to be determined.
(Via The Hill) – New York Gov. Kathy Hochul (D) addressed New York business owners in a new interview and told them there was “nothing to worry about” after former President Trump was hit with a $355 million fine and a ban on conducting business in New York for three years.
Hochul joined John Catsimatidis on “The Cats Roundtable” on WABC 770 AM, where she was asked if other New York businesspeople should be worried that if “they can do that to the former president, they can do that to anybody.”
“I think that this is really an extraordinary, unusual circumstance that the law-abiding and rule-following New Yorkers who are business people have nothing to worry about, because they’re very different than Donald Trump and his behavior,” Hochul responded. (read more)
Posted originally on the CTH on February 18, 2024 | Sundance
I’m not sure exactly what the motive is behind this, nor do I fully understand how it ties into the FISA-702 renewal effort by the insufferable HPSCI Chairman Mike Turner, but everything negative being said about Michael Shellenberger is accurate.
Trust me, if there’s one person on this planet right now without the time to deal with this nonsense, it’s me. However, from what I can ascertain, Shellenberger is reciting old information dug up by independent researchers on the Spygate operation as it pertained to the CIA, FBI and larger IC.
Shellenberger is then claiming “sources” have confirmed the CIA ran intel operations against the Trump campaign in 2016 using foreign assets and foreign intelligence partners. This is old, old, very old, information being repackaged as if it was new information and sold to an audience for the price of $9.99 subscription. In my opinion, it’s a complete con.
I have no idea who this Shellenberger idiot is, nor do I really care. You cannot plagiarize me because I give all the CTH research and analytical writing away free – openly telling people to take it and make it their own, just don’t monetize it.
It appears Michael Shellenberger is a man of low moral character who is taking the independent research work of others, repackaging it and selling it as his own work product.
This activity is likely because Shellenberger, a leftist, didn’t believe it when the Spygate researchers were tearing apart the preferred narrative and delivering atomic truth bombs in 2017 and 2018. Suddenly, as the weight of the truth comes forth, there is no denying what was previously proven. Everything Shellenberger is claiming now is a rehash of old information, repackaged and sold to a duped audience for $9.99 each.
Everything he claims is new, isn’t. It’s all previously cited, sourced and disseminated information. It’s pretty low-class to try and dupe people just to make money, but hey… that’s what some people do.
I have two words for this type of operation, and it ain’t Merry Christmas.
Posted originally on Feb 17, 2024 By Martin Armstrong
Justice Arthur F. Engoron represents the vile, disgusting degree of the completely out-of-control judicial system in New York City. It has been people like him throughout history that spark revolutions. I have warned that New York is the most unconstitutional judicial system on the face of the earth, and it really should be shut down and all judges dismissed or imprisoned. They genuinely think they are above the law and have such ABSOLUTE IMMUNITY that they can do anything they desire. This judgment against Trump of nearly half a billion dollars is so outrageous it violates the Eighth Amendment of the Constitution, which was intended to prevent the action of judges like this.
What this outrageous judge has done to Trump can be done now to any company in New York City. Because of that, the risk of owning shares in a New York domicled company must be considered to be a political high-risk. This factor now needs to be addressed in asset allocation in the same way as Country Risk – now we have City & State Risk. Miami is rapidly replacing New York as the new Wall Street. This decision will only accelerate that move to Florida ASAP. Only a fool would now remain in New York City. This judgment was intentionally designed to bankrupt Trump and his companies. It is indistinguishable from a country like Iran just nationalizing private assets.
I cannot believe the reaction I am hearing worldwide and domestically. Truckers are starting to band together to refuse to transport anything to New York City. If the truckers band together to show the world that New York City will no longer be tolerated, at best, they will have seven days’ worth of food supply before New York begins to slide into chaos.
Internationally, I am hearing many institutions are starting to talk the same game. They are looking to boycott any securities domiciled in New York City that could be destroyed on the whim of a judge. This is a direct assault on Democracy and is intended to interfere in the 2024 election and deprive 50% of the nation of the right to vote. This judge should be arrested forthwith for violating the civil rights of half the nation.
I have been saying in various interviews that I have NEVER witnessed the computer projecting such a potential for a landslide in the 2024 election. Look at the 2008 election. Obama won only 52.9% of the popular vote, and in 2012, he won with just 51.1%. Only FDR, LBJ, and Richard Nixon won over 60% of the popular vote. To see two of our models project a landslide is incredible.
Now, look at the stark forecast the computer has for 2028. Never have I ever seen such a landslide in the entire history of the United States. I do not see how it is possible for the country not to separate. These tactics by Judge Engoron are so un-American it is outrageous. What’s next? He will pull a Trudeau and fine everyone who donates to Trump as a co-conspirator and impose fines greater than their entire net worth? He is a total disgrace to to the rule of law.
As I pointed out to the Supreme Court, not since Abraham Lincoln was removed from the ballot of ten states have we ever witnessed what they are trying to do to Trump. The people should decide who is president – not tactics like this and fake judges who swore an oath to defend the Constitution he just tore to shreds.
Thank God for the Truckers! Those truckers in Canada showed the world that they could bring down government policies. Eventually, the High Court ruled what Trudeau did was unconstitutional. The truckers of Canada were an inspiration, and we are witnessing protests from Farmers worldwide following their lead. What New York City has done to Trump is so unconstitutional and in-your-face corrupt that this city no longer even deserves to call itself part of America. It is so foreign to the foundation of everything the Founding Fathers stood for; it is merely a prelude to what our computer has warned will happen – a national divorce between the red and blue states for civilization can no longer be maintained when one side thinks they have a right to oppress the other.
Civilization only makes sense when everyone benefits from joining together.
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