Hell No, Beto: Here’s How President O’Rourke Could Take Our Guns


144K subscribers

Government Will Never Accept Responsibility for their Actions


COMMENT:  You were right Martin! Demonetization was one of the worst decisions by the Modi government, the country is now suffering from that…. economy has gone down, but the new govt will not admit it. They believe the Millenials are to blame!

JPM (India)

REPLY: After nearly 40 years of dealing with governments throughout the world, I have yet to hear any government EVER admit blame for causing an event.

I was called in for research on the 1987 Crash as we had clients on the Commission. Not only did we forecast the crash to the day, but we came out on the day of the low and forecast new highs by 1989. The Energy models showed the move was over.

Despite all of that, I stressed that the entire crisis was set in motion by the formation of the G5 and their pronouncement that they “wanted” to see the dollar fall by 40% for trade purposes in 1985. The Brady Commission report went into detail about how the foreign exchange markets impacted the event. However, they would not blame the G5.

When Rubin started the same jawboning about the dollar, I wrote to him warning he would create another crash. They backed off.

Flight from Public to Private


QUESTION: Hi. Martin. I have read your blog for many years and I’m blown away about how much I have learned Question can you help explain how the European stock markets Like the day have risen to over 12000. With European interest rates falling.

SH

ANSWER: Capital is beginning to move already. Europe is closing in and hunting taxes. The chaos of Brexit and punishing Britain rather than addressing the economic problems has really doomed Europe.

As you can see, the peak in the PE ratio took place at the LOW in 2009, not the high. When you enter these periods of uncertainty, interest rates, dividends, and expectations of profits no longer mean anything. The primary objective is to park money in a safe place where you get it back. Banks are questionable with bail-in policies and negative interest rates. Now even gold is being targeted. Where else to go but equities

Breaking: Man Drives Car into Lobby of Trump Plaza New Rochelle, New York….


A man has driven a vehicle through the front doors of Trump Plaza New Rochelle in New Rochelle New York.  There are injuries from people who were in/near the lobby of the building.

Details are sketchy, but according to one report: “Workers at Trump Plaza New Rochelle say after car plowed into lobby, male driver got out and took a seat on a sofa. Said nothing. Several injuries but none are life threatening.”

 

Tony Aiello

✔@AielloTV

Workers at Trump Plaza New Rochelle say after car plowed into lobby, make driver got out and took a seat on a sofa. Said nothing. Several injuries but none are life threatening.

Embedded video

3,614 people are talking about this

Tony Aiello

✔@AielloTV

Trump Plaza New Rochelle opened in 2007. 40 story luxury building developed by Cappelli Enterprises under licensing deal with Trump Organization.

Embedded video

64 people are talking about this

Tony Aiello

✔@AielloTV

Cleanup underway at Trump Plaza New Rochelle. Police investigating why man drove car into lobby. Believed to be accidental but still under investigation. Residents coming and going, returning home from dinner, walking their dogs.

Embedded video

741 people are talking about this

Hotel Website Here

Indian Summer – NBC/WSJ Poll: Biden 31%, Warren 25%, Sanders 14%…


Elizabeth Warren is the Democrat primary candidate with momentum.  While the top five names have not changed, the support is firming up.  Joe Biden remains at the top of the poll with 31 percent. Elizabeth Warren has now surged to second with 25 percent; and it appears most of angry Sanders loss in support has gone to ‘I’ma-git-me-a-beer‘ Warren.

NBC/WSJ Poll: Joe Biden and Elizabeth Warren, holding distinctly different advantages, have separated themselves from the crowded Democratic presidential field, a new NBC News/Wall Street Journal poll shows.

In the survey, conducted after the third in the Democratic Party’s series of debate, the former vice president draws 31% compared to 25% for the Massachusetts senator. At 14%, Vermont Sen. Bernie Sanders trails Warren by a double-digit margin while 15 other candidates receive support of 7% or less.

Biden builds his edge on dominance among three chunks of Democratic primary voters. He commands 49% among African-Americans, 46% among senior citizens, and 42% among moderate and conservative Democrats.

But after months of steady progress, Warren boasts formidable strengths of her own. She leads Biden by roughly two-to-one among liberals and Democrats under 35, breaks even among whites, and holds a double-digit edge among those seeking large-scale change in the post-Trump era. That last group represents a majority of the Democratic electorate. (more)

Pete Buttigieg remains at 7% support.  Kamala Harris drops to 5%.  Andrew Yang has ticked up to 4%. Senators Cory Booker and Amy Klobuchar hold 2%.  Seven others: O’Rourke, Delaney, Gabbard, Steyer, Bennet, de Blasio, and Castro, draw just 1%.

Will the Democrats Self-Destruct?


QUESTION: What did you think of the Democratic debate. It looks like they are just preoccupied with hating Trump they have lost touch with reality. You previously said that the Democrats could collapse as a party after 2020. Does that seem likely?

PH

ANSWER: I know the press is spinning this that Trump will surely lose in 2020. Our models do not indicate that as yet. There remains the risk as we had forecast back in 1985 that the Democrats could cease to exist after 2020 and split at the very minimum. The other part of that forecast was that 2016 was the first opportunity for a possible third-party candidate to win. It appears that forecast was correctly made way back in 1985. That target was from the beginning of this 51.6-year Business Cycle 1985.65. It was the Pi target which was + 31 years = 2016.

The message from the Democratic debate was that they were going to raise your taxes substantially, triple your gasoline price to save the planet which would only mean people would lose their jobs if they cannot afford to get to work in many regions. They want open borders simply because Trump wanted a wall to stop the drug trade and it is already illegal for an employer to hire an illegal alien. If they do not have a Social Security number, they are not paying payroll taxes and thus compete with legitimate citizens so forget minimum wages.

The Democrats will take away your healthcare and we all know the problems of government healthcare – just look at the VA scandals. My healthcare doubled thanks to Obamacare. Then, of course, they want to outlaw guns. In China, they executed three men who killed 31 people at a train station with knives. It’s the crazy people – not the guns. Assault weapons are one thing. They are talking about the complete removal of guns and taking on the NRA.

This is a message of hate-inspired simply by the fact they hate Trump. There was no discussion of the economy. They want to open borders because Trump wanted a wall. Just look at Europe and the chaos of Merkel’s open borders which is the primary reason for the rising separatist movements. So open border means I should not have to go through TSA at airports – right! I can keep my shoes on?

The minorities they keep telling need the Democrats to ignore the fact that unemployment for both the Blacks and Hispanics in America is at record lows. We have Bernie swearing he will control every aspect of the economy and Elizabeth Warren being advised by the Communists from France – led by Thomas Piketty.

This is what I mean that they are so fixated on Trump, they simply take the opposite of any of his policies. That really makes no rational sense. They are dividing the party between liberal politics and the extreme left. It looks like the computer may be correct on that one as well. The Democratic Party may split. The party name would not be abandoned. They will keep that. But there is some great divide unfolding.

The chart presented above shows that on a combined Senate & House basis, they have been losing ground. When people are young, they are generally socialists until they graduate and begin to see the real world and have to pay taxes. The ones who cannot mature, live forever in their little bubble and blame everyone else for their failures.

If we look at the Presidential elections, the Democrats peaked with FDR and have been making lower and lower highs ever since. This is the basis of that forecast that the Democrats have been in a bear market. They have lost touch with the core of the people.

 

Piketty is Back As Elizabeth Warren Adopts His Ideas


Thomas Piketty, the French economist from communism’s birthplace, is back and this time he wants to drive a stake through the heart of capitalism, end human rights, and deny equal protection of the law in the true spirit of Marxism. Now in his latest treatise, “Capital and Ideology,’’ he argues that governments should fix the inequality of wealth by confiscating all the assets of the rich thereby ending capitalism. Excuse me, but didn’t Lenin and Stalin try this once before?

Piketty has been influential, and believe it or not, his ideas are the core of Elizabeth Warren’s platform. Warren worked with two former Piketty aides to design her Wealth Tax proposal.

The idea of communism actually emerged during the French Revolution. It was an experiment known as the Parisian Commune of 1793. Marx concluded ultimately that the power of the state, and the duty of citizenship, must be subordinate to the state by necessity. If that principle stands, there can never be liberty. It was the French who convinced Marx that socialism was not enough. There had to be the forced subordination of all people to the will of the state. This is the core of what Piketty is really all about. He is still speaking from a French view that has prevailed since the revolution during the Commune Movement.

France has one of the worst economies in Europe. It has opposed free trade to support uncompetitive jobs. France has been unfavorable to capital investment which has kept the nation from really participating as a leading economy in the 21st century. France has been unable to test, no less exceed, its 2000 high. Now Piketty wishes to spread the worst of France to the rest of the world. This is like going to dinner with a friend and they taste something so bad and then offer it to you to see how bad it really tastes.

The Legend of Corn Pop: “I’ma Cut You”…


Joe Biden tells the story of his chain-wielding face-off with a gang of rusty razor-wielding ne’er-do-wells led by a black guy named ‘Corn Pop.’

“Corn Pop was a bad dude”…

.

If only Corn Pop mamma had him listenin’ to some of them record players, none of this would’ve happened.