Tag Archives: socialism

Oct 21 2018

Mob Targets Mitch McConnell and Wife During Dinner…


Re-Posted from The Conservative Tree House on October 20, 2018 by

This is disturbing.  Apparently the Democrat Marxists are confident about this type of public behavior working in their interests for the midterm election…

(Details Via TMZ)  Senate Majority Leader Mitch McConnell, was confronted Friday night by some angry diners who loudly berated him for his politics.

The Kentucky Senator was eating dinner with his wife at Havana Rumba in Louisville, when 4 men confronted Mitch. The main aggressor screams at McConnell, “Why don’t you get out of here?  Why don’t you leave the entire country?”

The woman who shot the video tells us, before she started recording, the main aggressor slammed his fists down on McConnell’s table, grabbed his doggie bag and threw the food out the door of the restaurant. (read more)

Oct 21 2018

The End of Britain with 2nd Referendum on BREXIT?


Armstrong Economics Blog/BRITAIN

Re-Posted Oct 21, 2018 by Martin Armstrong

As many as 670,000 people protested in London to call for a second Brexit referendum. Our computer is showing that a second referendum will vote to remain but this is most likely because they will rig the vote. This is in conflict with our economic model which shows that BREXIT should still win. Keep in mind that we have crossed the Rubicon in politics here in 2018. The chances of any election actually being honest and fair is highly unlikely.

 

 

Of course, these people are just brainwashed. They are completely ignorant of the fact that remaining in the EU will be the death of Britain. They listen to the likes of Tony Blair and other politicians who get huge pensions from the EU. These protesters are really too stupid to understand what they are protesting for and they are just pawns in a game for corrupt politicians. The economic growth of Britain has steadily declined ever since joining the EU. We have provided this chart to the British press and politicians but not a single person has made this chart public. But worse still, Britain is resented in the EU because without Britain Europe would have been lost to both Hitler as well as Napoleon. Without Britain, Europe would never be free. Many resent that they owe everything to Britain.

All the history aside, any trade deal can only be subjected to a veto of 28 member states. Britain cannot reach a trade deal on its own terms with anyone for they can be stopped by the raising of just one hand. Britain will also see its financial market destroyed for Brussels wants to be able to outlaw short-selling to protect the Euro by decree when the free markets go against them. On top of that, the ECB has destroyed the European bond market and that is just starting to bubble to the surface as rates are rising in Southern Europe.

On top of that, Britain loses just about every court ruling in the European Court. And as for migrants, the number one name in Britain among newborns has been Muhammed.

 

 

The British pound had really been just a unit-of-account prior to 1489. It was literally one pound of “sterling” silver .925 fine. The first one-pound coin appeared in gold and was issued in 1489 by Henry VII. The risk that the British pound will no longer exit arrives in 2029

Oct 21 2018

Protesters Who Do Not Know What They Are Protesting Against


Armstrong Economics Blog/Civil Unrest

Re-Posted Oct 21, 2018 by Martin Armstrong

I myself encountered a woman who had protested against Trump in the big march in Washington after he was elected. I was curious to listen to her reasoning as to why she had traveled to Washington to protest against Trump. She said she did so because no man was going to tell her what to do with her body. When I asked what was it that Trump was going to do, she said outlaw abortion. When I said no president can do that since it was already decided by the Supreme Court. I said the only thing ANY politician can argue for or against is funding for government paid abortions.  Her response was that I was a misinformed trump supporter and wrong. I saw no point in continuing the conversation. You cannot teach someone anything who is incapable of actually listening objectively to anything no less understand the actual political system in which we live.

Then this video is going around which shows again people protesting against Trump who cannot actually explain what human rights he has deprived them of. It just seems as though we have a lot of people protesting like mindless drones who are told something and are no capable of understanding what it is that they are even protesting against. To think this will become more violent after November is just dumbfounding in itself.

Oct 20 2018

Why British Politicians Argue to Remain in the EU – PENSION!!!!!!!!!


Armstrong Economics Blog/BRITAIN

Re-Posted Oct 20, 2018 by Martin Armstrong

When you look closely at all the people who line their pockets with huge EU pensions for being a representative of Britain, it is stunning to see why they would argue to “remain” when all the evidence is against Britain if it remains inside the EU

Oct 19 2018

China & the Hidden Debt Crisis in the Provinces


Armstrong Economics Blog/China

RE-Posted Oct 19, 2018 by Martin Armstrong

The Sovereign Debt Crisis in China among the provisional governments is alive and well. The off-balance sheet government liabilities in the regions amounted to an estimated 40 trillion yuan which is almost $6 trillion. Some are calling this a “gigantic credit risk” which is a hidden liability. This represents 60% of  GDP which bypasses the debt-to-GDP ratio set by the central government on the provinces. They have created financial vehicles called LGFVs. Beijing has focused on shadow banks, regulatory loopholes, and hidden bad loans. They have curbed the shadow banking and brought the BitCoin outflow down. However, the Beijing government has only been able to reduce the credit risks associated with LGFVs marginally. The current view is that it will take China up to a decade or more to deal with the problem of LGFVs, as we enter this debt crisis cycle between 2019 and 2021, the pressure will build much sooner.

Nevertheless, we see that this debt crisis is what is holding back China short-term. Once this adjustment is addressed, we will still see China emerge as the Financial Capital of the World after 2032.

Oct 17 2018

Is Tony Blair a Traitor to Britain to Help Politicians in EU?


Armstrong Economics Blog/BRITAIN

Re-Posted Oct 17, 2018 by Martin Armstrong

QUESTION: Is Tony Blair just a traitor to the British People to help his fellow politicians in Europe?

JS

ANSWER: Yes.  Tony Blair is out there pitching for another Brexit referendum as Prime Minister Theresa May, who also did not want to exit the EU, will be unable to secure a parliamentary majority and this seems to be an intentional plot to overturn BREXIT. Even the propaganda they use with regard to trade is misrepresenting the entire scheme. Britain is FAR BETTER off under BREXIT than remaining within the EU. Any trade deal is subject to the veto of any one of 28 member states. Britain CANNOT reach an independent trade deal for its own people for the French have always vetoed Britain. Let’s face the facts. Britain loses EVERY major case in the European court. This is all about protecting governments – not about what is best for the people. Britain will collapse with the EU if it does not break the chains which bind it.

Oct 17 2018

Hillary Defends Bill’s Affair with Monica as OK in light of the Kavanaugh hearings


Armstrong Economics Blog/Politics

Re-Posted Oct 17, 2018 by Martin Armstrong

Hillary is all over the press defending Bill’s affairs because as always, the Clintons are the exception to all laws. In light of the vicious attack that the Democrats launched on Brett Kavanaugh, one must reflect on just how standards seem to have changed.

The period when Kavanaugh was accused of his conduct 36 years ago, that was the age of free love and the Women’s Movement. That was symbolized best by Helen Reddy’s song of 1971 – I am Women. Whatever took place back then is now being judged by today’s standards. We have Teresa Klein, who called the Police on a Black Child she falsely accused of groping her simply because he bumped into her with his back-pack. Things have just gone crazy.

The Women’s Movement is said to have begun with the protests against the Miss America Pageant. On September 7th, 1968, a group of women converged on Atlantic City in New Jersey to protest the 42nd Miss America Pageant. They protested saying that “All Women Are Beautiful,” and “If you want meat, go to the butcher.” They called the pageant sexist because women were judged on looks. Even in any relationship, the person must be physically attractive to start with. However, not everyone wants a Miss America type. People who are really heavy find others attractive who are similar. There has to be some physical attraction and diversity exists for a reason. Not every man wants a Miss America. They can look fantastic until they open their mouth for the real test comes into play – the person inside.

Nevertheless, we often judge people by their looks including men as well as in business. Does someone “look” dishonest or trustworthy? We elect politicians typically on looks with those criteria in the back of our mind even subconsciously. I was dressed in jeans one day very casual and saw a new sports car that had just come out. I pulled in and asked the salesman if he could open the door. He said to come back when you can afford it. I pointed to my car in front of the place and said I can, but I would never buy something from you! We all do judge people by appearance – not just Miss America.

The organizer behind the Women’s Movement was the New York Radical Women whose objective was to end the beauty contest. Many women from that time period who were committed to that position remain so today just as you still see hippies in their 70s with long grey hair playing the guitar on the beach. Some people just remain fixed in their beliefs and time period of their youth and never move beyond that time period or era fashionably or mentally.

If we go back to people all in college together as the new standard for a political job more than 30 years later, we just might be out of people interested in taking such posts. The Kavanaugh hearings will live on for now they have removed the bar by which civility once existed and this will become the new standard from here into 2032. Who can really remember the details that far back with any degree of accuracy? But that is not the point whether Ford’s testimony was true, false, or not intentionally made-up being a false memory for some deep-seated reasons. People will take sides but that is just opinion.

We now have book tours of the Clintons going around together to sell more propaganda. Just days after the  Kavanaugh hearings, here we have Bill Clinton who as president had an affair with a 22-year-old intern. In the corporate world, that is not acceptable – PERIOD! A lawyer will claim she acted that way because he was President and she wanted to stay in the White House. Hillary is out now justifying Bill in the wake of  Kavanaugh saying that Monica Lewinsky “was an adult at the time” her husband’s affair took place because she was 22. Hillary defends Bill stating it was NOT an abuse of power and he was right not to resign. How many people have resigned in the #MeToo movement who never actually had sex with someone whereas Bill did? There have been many politicians who have resigned for various sexual harassment and sexual assault allegations.

So, if Kavanaugh was unfit for office based upon events from school with students the same age group, then I really cannot see Hillary’s logic regarding Bill who was closer to Harvey Weinstein and an abuse of power. When Hillary told women they should vote for her BECAUSE she was a woman, it takes a lot of guts to exonerate Bill under similar circumstances as Harvey Weinstein. You cannot even sign a prenuptial agreement the night before because any lawyer will claim it was signed under duress and is thus void. Oh yes, I forgot. The Clinton’s live outside the law on every level.

Oct 16 2018

GDPR Creates an Overwhelming Bureaucratic Nightmare in Europe


Armstrong Economics Blog/European Union

Re-Posted Oct 16, 2018 by Martin Armstrong

 

The new data protection legislation in Europe known as GDPR. has resulted in simply overwhelming the government with complaints and inquiries from small businesses who do not understand the regs. In Germany, the various agencies are reporting a 500% increase in complaints. Even in Bavaria, 2,974 consultations took place in 2017, and so far this year it has reached 7,000 by October 1st. This legislation was really all about being able to prevent mass email campaigns that were political. They really did not care if people received junk emails. However, creating a law and pretending it is to protect consumers requires broad language to hide the fact it was to prevent political solicitation. They have created a nightmare all to prevent email campaigns that took place in the 2016 US presidential elections.

Oct 16 2018

What is Wrong with Formal Education


Armstrong Economics Blog/Education

Re-Posted Oct 16, 2018 by Martin Armstrong

QUESTION: I too am French and nobody in school ever connected the weather to the defeat of Napoleon even with so many deaths on his failed invasion of Russia. History is interesting, but it seems to be taught based upon some political agenda. What would you recommend for students to study since the formal education system is such a failure?

PG

ANSWER: Yes, when I was in Paris, I was asked if I would debate the top three economic students. I agreed. However, instead of a confrontation for TV viewers, it turned out to be a question session of how to fix the French economy conceding that what they were being taught was wrong.

From a historical viewpoint, I always refer to contemporary writers. However, you must keep in mind that history is very often written only by the victor. We all learn quite a lot about history in school, but it is typically slanted. Nevertheless, it is also true that who don’t know history are doomed to repeat it. However, those of us who know history are also doomed to watch others repeat it. Ever since man has done anything, there has been someone nearby going “huh, maybe I should write this down.”

The way to understand the past REQUIRES a discipline that embraces all the fields of science. Back in the 1980s, I attended a lecture by a Scientist on the findings of the ice core samples from Greenland. When they disp[layed a graf of the energy output of the sun and documented from the ice core samples, I was stunned. I approached the presenter and informed them that their chart projected the rise and fall of empires which matched the Economic Confidence Model.

Back in the 1980s, I knew the model worked, but I could not explain why other than simply saying there were cycles. Suddenly, I saw history impacted by weather. I knew the 1906 San Francisco Earthquake set off the Panic of 1907 due to capital flows and that led to the creation of the Federal Reserves with all its branches that operated independently to manage the capital flows internally within the nation.

By keeping an open mind, I began to look at every field of science for explanations. By putting everything together, the picture became focused and suddenly the light went off. The key is being a diverse explorer. School is the opposite. I would go to Physics class and the professor would say nothing is random. Einstein said he did not believe God played dice with the universe. I then went to economics class and the professor said everything is random so don’t bother trying to forecast something. Because it’s random, that meant government could and should manipulate society to eliminate recessions. They have not succeeded in doing so even once.