Politics & the Bernie Effect


QUESTION: Hi Martin!
Like everyone else that has let you know…thanks for the call before the drop! My question pertains to the possibility of the slingshot….as this drop so far has only reached just under 24,700 on the downside, how far down would we need to go to get everyone bearish enough to throw in the towel (thus giving them the energy to sling to the upside)? If the DOW only tests that 24,000 area like you mentioned, it would be just under a 20% correction. That doesn’t seem to me to be enough to get everyone on the other side of things thinking the DOW is going to completely crater. In your studies on the % declines, would that suffice for the slingshot? Or would the “Bernie effect” give the international crowd the nervousness to drive the DOW into the 21,000 prior to the DNC stealing the nomination from him (to give to Hillary if it plays that way your sources are saying).

I could see the 21,000 area being more of a reason for people to throw in the towel emotionally. Just wondering how patient we need to be….the monthly array is showing August as a turn….which I could see lining up with the theft of the nomination from Bernie at the DNC convention. Or is the slingshot something that may be farther in the future? Your thoughts would be greatly appreciated to understand what you have been mentioning over and over!
Thank you!
CG

ANSWER: The strength of the Euro is reflecting the Bernie Effect. While Americans like to attribute everything to Conoronvirus, the rest of the world is scared to death of Bernie in charge of America. It takes everything off the table that they ever thought about the United States. That is the #1 question I get from overseas. What the “hell” are Americans thinking?

The real crisis will be coming to a head soon – the Repo Crisis that people fail to understand and nobody wants to talk about it. I am not a liberty to say, but if anyone asks a central banker about the Repo Crisis the will either double-talk them or end the questions.

The bounce in the Euro is all the Bernie Effect. Here is the front cover of the Economist in London. This is a serious issue. They are used to things carrying on no matter who really wins. Yes, we get some programs like Obamacare. The Supreme Court will finally hear the case on whether Obamacare is Constitutional – in my humble opinion, it is not! That can be an interesting question coming this June. The Chief Justice upheld it on the grounds it was a tax that Obama said it was not. Now that the tax punishment has been removed as a penalty for not having insurance, can it stand as a commanding social program? I would rule no way.

We did not elect any Monthly Bearish Reversals in the cash S&P500 nor in the NASDAQ Composite – only the Dow. This suggested that we would bounce first and that it may take s further decline to the 22000-23000 level to help create the sentiment for a slingshot. Keep in mind that the press has caused the Coronavirus Panic which is completely overblown. That will have a devastating impact on the economic numbers for the first quarter and that will help any further decline. Watch the NASDAQ and cash S&P500 to elect a sell signal. Then the next leg becomes possible.

Dancing With the Devil


Ray DiLorenzo image

By  —— Bio and ArchivesFebruary 29, 2020

Re-Posted from The Canada Free Press

Dancing With the Devil

“When you dance with the devil, you don’t get to pick the tune.”Sherrilyn Kenyon

All you Democrats…you entertained the hard left, beckoned them, invited them in to your ‘big tent’. You thought you could use them, manipulate them, and control them. You thought they cared. You thought you were so cool, playing world-class politics, having a slick answer for everything.

You have been had and you deserve it.

You are about to be taken over by hard-core communists, led by a ne’er-do-well, odious, atheist, corrupt politician

You are about to be taken over by hard-core communists, led by a ne’er-do-well, odious, atheist, corrupt politician, having never had a steady private-sector job in his life. He spent much of his pre-political career collecting unemployment checks, thrown out of a hippie commune for not pulling his weight… had a brief stint as a porn writer, and voted against a crackdown on pedophiles and internet child porn as late as 2003.

He managed to convince the city of Burlington, to hire him as their mayor at the age of 39. In the state of Vermont yet, the ‘Freedom and Unity’ state. Doesn’t say much for mottos anymore.

He was more honest than you were. He never pretended to be anything else. He honeymooned in the Soviet Union, was smitten by Fidel Castro, and you still wanted him…or was it his supporters you wanted? To add insult to your injury, he is not even a Democrat. But, he says he is now. He is defining your party with every other Democrat candidate now trying to deny their socialist leanings except maybe Bloomberg whose comfort zone is to just pay cash for the office and get a receipt. I’m not that sure you disagree with the senator all that much, it’s just his candor you hate. A fine mess you’ve gotten into.

You Democrats have much to answer for, a chance to remedy past sins…slavery, Jim Crow laws, segregation…de jour and de facto, KKK lynchings, voting rights for blacks and women, voter fraud, a lousy education system, unrestricted abortion, open borders, free speech restrictions, the erasing of your history, fake dossiers. You enticed the poor and blacks with free stuff, absolving black fathers of any responsibility. It was never about people, was it? It was about votes and power. You beguiled many and kept them right where you wanted them…dependent on you in exchange for votes.

You are now scrambling to get rid of him, not the fictional Democratic Socialist, but the Marxist Communist sicko that you know he is. You danced with him and now you want to call it a night. The hard left he leads is aroused, smelling victory, and you think you can just dismiss them out of hand. Think again. It just might be too late. Your priorities for too long have been misplaced and you are now reaping the whirlwind

You’re in a panic and it shows

You will try desperately to attempt the ‘it’s not you, it’s me’ routine. But, the Devil will not let you go so fast. He will blow the trumpet to his supporters, of which they are now legion, and they will hear the charge. I will bet that you will continue your out-of-step dance lest you lose a large segment of your tent. You will play all sides, hoping for the best, leaving a nation wondering what you stand for. The dance could easily take you over the cliff.

Yes, you did have a brief shining moment, but it was a long time ago, and it has since been another downhill slide. You have long squandered any trust you had as a viable political party in this country. You need a winner and you finally realize it is not him, nor any other candidate you have to offer. You’re in a panic and it shows.

You have a choice…keep on your present course and face oblivion, or stop the nonsense, show the nation your loyalty is first to your country, and everything it stands for and come back home to the country you say you love.

Democrats Starting to Split Over Bernie – Is the End of the USA Near?


One of the biggest donors behind the Democrats is Bernard Schwartz who is the CEO of BLS Investments. Schwartz has been trying to plead with Pelosi to support someone in hopes of stopping Bernie Sanders. The Democrats are in turmoil. This is what you get with the socialist agenda that boils down to publicly bribing people to vote for them for the free stuff they intend to rob with a pen from other people.

We really need a class action to be filed and taken to the Supreme Court against socialism. It is an affront to everything else the Constitution stands for. You cannot have Equal Protection of the Law if you are allowed to discriminate based on what someone earns. If it is illegal to discriminate against gender, race, or religion, then why is it suddenly OK to hate someone because they have more than you?

If the Ten Commandments prohibits socialism, then this not only violates the Equal Protection of the Law, but it violates the First Amendment and the foundation of Judaeo-Christian beliefs. When will lawyers stand up for the people and simply use GoFundMe to raise money, for surely they will not donate their time even to save their own ass.

I have written before that it is UNCONSTITUTIONAL to impose discrimination in tax rates. The left will immediately scream that the rich deserve to be destroyed. To them, I say go to California and separate from the rest of the country. They hate the rich but will never look at the opposite side of the coin. Why is the lifestyle of the average person declining? It is not because someone else makes more than they do. It is because the politicians are lining their pockets and then the majority of people are too stupid to figure out who really is to blame. It is like someone robs your house. You come home and they get arrested. It is not their fault, but yours because you should not have come home.

If we do not outlaw this dangerous dialog, we will see the destruction of the United States, as was the case with Russia. There will be blood in the streets, and the future of our children utterly destroyed!

Berning Man!


WAS CASTRO A “BERNIE BRO” ?

Bernie Sanders has momentum on his side. His promise of free stuff is just too tempting for many who have not learned the lessons of history.

Bernie calls it socialism, but rest assured he is still well rooted in Marxism. Whatever nomenclature the old hippie prefers, socialism is asking for trouble. It always ends in failure, poverty, tyranny, and suffering. It’s a lesson of history his supporters seem to have forgotten or never bothered to learn.

Some Trump supporters want Bernie to win the nomination because they know that he and his socialist platform will be easily defeated. Many in the Democratic establishment abhor the thought of Bernie as their nominee because they also know he can’t win. They’ve already concocted a variation in their Russia conspiracy theory. They say Putin is now pulling strings to get Sanders is nominated, thus assuring the reelection of his puppet, Trump. The Swamp just won’t give up on the ‘Russia Russia Russia!’ conspiracy claptrap no matter how many times it has thoroughly been debunked.

I don’t want Bernie nominated. Such an event will only make future socialists seem more acceptable. The ongoing drift toward socialism is just too darned dangerous. We need smaller and less obtrusive government, not socialists bureaucrats micro managing every aspect of our lives. Can’t have anyone hurting B Control freaks such as Bernie want to steal our labor via taxes and then redistribute it as he and his functionaries see fit. You can bet he will still have his three houses, though—and perhaps more. Yes, he’ll want to live in a luxurious dacha while sending those who resist into gulags.

Free speech would end in order to achieve Bernie’s ’social justice.’ During the debate in South Carolina, Bernie was actually booed and he didn’t like it! If he had his way, booing socialism would be against the law. He would make sure hate speech laws got enacted and enforced. Guns would be confiscated. Can’t have citizens fighting back when private property is outlawed.

Bernie offers us a terrible conflagration that will be fueled by the loss of our freedom. Millions of people died due to communist tyranny in the 20th Century. The cold ashes of history should not be forgotten.

—Ben Garrison