Armstrong Economics Blog/America’s Economic History
Re-Posted Feb 1, 2020 by Martin Armstrong
The Democrat Primary Nomination is Bernie’s to Lose – DNC Club Positions Bloomberg to Dilute…
January 31, 2020
Democrat presidential candidate Bernie Sanders now leads most polls in the key states where the democrat primary battle will begin. With the grassroots Bernie-AOC wing carrying all the enthusiasm and momentum time is running out for the DNC club.
Factually I would argue that Bernie has always led in the polls, but party operatives in alignment with the apparatus of media have manipulated the media poll outcomes in an effort to steer the chosen narrative from the DNC boardroom. It’s just how they roll.
CTH uses alternate matrices to gauge support, including monitoring social media and looking for the club’s traditional Astroturf fingerprints. That said, the dynamic within the factional Democrat party is now quite remarkable. Despite the transparent hit-jobs by DNC operatives against him, Bernie is in position to win every early state and he has a clear and visible path to the nomination. But the club has made some conspicuous counter moves.
The DNC club, the establishment writ large, has tried to advance several candidates to offset the rise of the far-left Democrat-Socialists within the Bernie-AOC group. Their latest effort, aided by their media conscripts was (and is) Elizabeth Warren. However, it ain’t working. The more they attempt to help Warren, the more transparent it is. Inauthentic ‘wokeness’ doesn’t work, Bernie has withstood the effort.
But watch out.
Remember, the only way Bloomberg could launch a late start was with the Club’s approval.
There were multiple motives for the Club to give Bloomberg the nod, but the most obvious was a firewall against the far-left caucus (AOC-Bernie).
Essentially, in case of an actual outbreak/breakout of socialism, break glass – insert Bloomberg.
Remember, Tom Perez is DNC chairman. Perez is an old-school Alinsky ideologue within the Chicago team. The Perez outlook is the same as Barack Obama. Recently this Club, headed by Perez, appointed Barney Frank to the DNC rules committee. Frank is a pure-blooded establishment pick. Barney then brought John Podesta into the boardroom and gave another pure establishment blue-blood a seat on the committee.
The Bernie-AOC crew noticed the DNC establishment move immediately and sounded some alarm bells. The Bernie coalition is authentically socialists. They may be a little goofy, but they are authentic. Bernie’s coalition is comprised of actual grassroot activists.
All other DNC candidates are from the mold of, and guided by the old playbook of, Astroturf. It’s easy to spot Astroturf, they carry a script and deliver an identical message using the same words. Many of them are paid for message delivery. Astroturf candidates are inauthentic by nature.
This is the fight within the Democrat party itself. It is a much bigger -and more consequential- fight than the decades-long Tea Party -vs- the Republican establishment.
The club authorized, then watched, Hillary Clinton hit Bernie. No-one came to Clinton’s defense when the AOC grassroots crew hit Clinton back much harder. The club probed, the club learned.
Buttigieg is nothing. Biden can’t hold up even with all of the massive cover provided by the media and party apparatus. Elizabeth Warren cannot pull it off. The Club can obviously see all of this in hard data and internal polling. As a consequence, the Club is now moving all the clutter away from the fire alarm…
(Politico) The Democratic National Committee is drastically revising its criteria to participate in primary debates after New Hampshire, doubling the polling threshold and eliminating the individual donor requirement, which could pave the way for former New York City Mayor Mike Bloomberg to make the stage beginning in mid-February. (more)
Garrett Haake✔@GarrettHaake
DNC can explain this in a million ways, but the upshot is a late-game rule change that benefits one specific billionaire… not a great look. https://twitter.com/aseitzwald/status/1223326342156029954 …
Alex Seitz-Wald✔@aseitzwald
NEWS: The new DNC debate qualification threshold is our for the NBC debate in Las Vegas on Feb. 19.
Two ways to qualify. EITHER…
1) Get 10 in four polls or 12% or in two Nevadan/SC state polls.2) Get at least one delegate out of Iowa OR NH.
The professional political class within the Democrat apparatus is opposed to the Bernie-AOC populist (free stuff socialists) movement in a similar way the Republican political class was opposed to the MAGA-Trump (freedom nationalists) movement. Both wings of the Uniparty fight for the same reason; to retain their power and control of the wealth.
Bloomberg represents the interests of the elitist globalists (modern Obama/Pelosi dems) and has spent millions to assist House races. Those purchases represent Bloomberg’s indulgency fees, and the Club supports him as part of the larger objective.
Bernie has the most clear path to the nomination, but the Club dynamic is still in play.
Watch for how the club positions Bloomberg. I doubt the firewall can work; and it’s more likely the outcome will be the Club eventually agreeing to support Bernie-AOC but not for the reasons most grassroots activists would think.
There’s a possibility the Club would eventually plan to push the base to the extremes in an effort to suffer the greatest loss. Within that loss the Club can then attempt to destroy the pesky AOC wing forever.
Here’s an example of pushing the extreme: Elizabeth Warren attempts ‘peak wokeness’ by announcing her cabinet will be decided by transgendered grade-schoolers. WATCH:
.
Despite people attempting to reconcile or justify that proclamation, it’s pure nuttery.
This is the consequence:
Rose@rosedixontxHUGE: When MSNBC’s Katy Tur says ..
WE COULDN’T EVEN GET IN RALLY IN IOWA!
“7,000 people inside that arena”
“It was so packed … A stark contrast from the Democrats so far in Iowa.” @realDonaldTrump #MAGA
The Euro v Pound
Armstrong Economics Blog/BRITAIN
Re-Posted Jan 31, 2020 by Martin Armstrong
Despite all the yelling and threats on top of forecasts that Britain will fall apart without the EU, the markets do not reflect such a doomsday outlook. We do see 2021 and 2023 as important targets for turning points. The critical level will still remain at the 8250 level. If that is breached, then the political crisis in the EU will begin. The departure of Britain will leave a major hole in the budget of the EU which wants to fund its own army. As pressure rises on other members to chip in more money and raise taxes on their citizens even further, the European Project will remain a serious threat to the entire world economy.
Nigel Farage on the Meaning of Brexit
Armstrong Economics Blog/BRITAIN
Re-Posted Jan 31, 2020 by Martin Armstrong
Nigel Farage’s Final Appearance in the EU Parliament
Armstrong Economics Blog/BRITAIN
Re-Posted Jan 31, 2020 by Martin Armstrong
Brexit Day Has Arrived!
Armstrong Economics Blog/BRITAIN
Posted Jan 31, 2020 by Martin Armstrong
Welcome to Brexit Day! The British Mint is issuing a new 50 pence coin to mark leaving the EU at last. High-profile figures are already pledging to boycott the new coin. Alastair Campbell will boycott the coin because the slogan opposes his core beliefs. Philip Pullman will as well because, he says, it is missing an Oxford comma. These two people reflect the decline and fall of democracy. They simply refuse to accept the majority vote.
Of course, those who were in the “Remain” camp used every foul label they could find in the Oxford dictionary to desperately dehumanize those who voted to leave. The main label that stuck was to call them “racists” when the immigrants pouring from Merkel’s fatal mistake were claiming to be Muslim, which is a religion and not a race.
The “Remain” camp was even striking their own coins and selling them on eBay. These show the Queen holding her head when in fact the behind-the-curtain view was that she very much agreed with getting out of the EU.
Theresa May was a career politician who personally wanted to REMAIN. She negotiated half-heartedly and that was reflected in her abysmal management of the government.
The most interesting aspect to demonstrate just how corrupt the politicians were in Britain who kept arguing to REMAIN was the fact that they were supporting their personal power and careers. All someone had to do was chart the government’s own statistics that proved Britain’s economic growth has declined ever since Britain joined the EU back in 1973. The continental Europeans in government have always resented the British, for without them they would be speaking German today. That has always left a resentful taste in their mouths. It’s kind of like how they say the best way to get rid of a friend is to lend them money.
There will always be that resentment toward Britain. The French demanded that no EU member should issue coins that commemorated the defeat of Napoleon. There was a commemorative issue of coins, but they were not allowed to circulate pursuant to the demand of the French to join the euro. Resentments linger in Europe and always will. It is ingrained within the culture of so many hundreds of years of conflicts and war. The creation of the euro will never change history
Democrats Panic as Bernie Racks Up Poll Victories Days before Voting Starts
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In New Hulu Doc, Hillary Dishes on Mean, Friendless, Useless, Sexist Bernie Sanders
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Armstrong on Bloomberg in Canada on the ECM Turn
Armstrong Economics Blog/Armstrong in the Media
Re-Posted Jan 25, 2020 by Martin Armstrong
I will do mainstream media interviews outside the USA. I have just done yesterday a TV appearance on BNN Bloomberg in Canada. These are typically very short interviews so it is hard to get a lot into two 7 minute segments. Nevertheless, I gave it my best sho
Australia – The Most Aggressive Tax Authority in the World?
Armstrong Economics Blog/The Hunt for Taxes
Re-Posted Jan 24, 2020 by Martin Armstrong
Australia has been perhaps the most aggressive tax authority in the world. They are certainly competing to be #1. Besides stalking children to see where they go to school, and then demanded the school reveal how the parents pay the tuition, now they are going after insurance companies demanding to know what assets people are insuring.
The Australian Taxation Office’s new scheme is hunting money and assets to seize and tax. They are demanding the last five years’ worth of insurance policy information from more than 30 insurance companies. They are searching for “lifestyle assets” of the rich who they clearly hate with a passion. They are demanding details on clients who own yachts, any boats, fine art, thoroughbred horses, high-value cars and aircraft. They have targeted around 350,000 taxpayers.
This is the world we live in — “1984” has just been late to arrive. It makes you really understand the entire principle behind Atlas Shrugged.
