Posted originally on the CTH on August 2, 2024 | Sundance
In reading the responses about “the emissary” post, I am reminded why our nation is in this mess, and the scale of trying to get people to fathom the depth of our national problems.
If you are one of the few voices who comprehend who and what an “emissary” is, as well as how they are needed, then you will understand why any further posts of mine on the 2025 topic are going to be password protected.
Head’s up. In order for the comment section to be of value to me, it needs to be an intellectual discussion by smart people who understand politics. I am going to apply the password for all future threads on the 2025 topic and then I can more effectively use the blacklist banner for the govt-aligned voices who try to hijack and steer the conversation.
My thoughts and advice on the subject matter are the result of thousands and thousands of hours work, specifically categorizing every granular issue in DC and how it functions amid a corrupt and weaponized silo system. I don’t pretend.
95% of the opinion you are reading about presidential positions, qualifications and expectations are based on people who hold pretenses, intentionally or, in many cases, accidentally, because they just don’t know better. Some people think DC corruption is really, really bad. Trust me, it’s worse than that.
My thoughts on staffing, roles and responsibilities are from a pragmatic place of what can reasonably be expected to be achieved. CTH has never joined this nonsensical “trusty-planner” mindset. There is no plan. There never was a plan. There is one guy, Donald Trump, trying to enact policies to the benefit of the American people. Every democrat and every republican want him to fail.
“It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who gain by the new ones.” ― Niccolò Machiavelli
On the Melania topic. Those who have been paying close attention, very close attention, will note you should not expect to see as much of Mrs Trump in the second term. By all outward appearances she’s done with American politics and keeping Barron out of that life is her priority. Melania Trump will fulfill the role of First Lady, and she will do it better than any other, but that’s it.
I suspect in 2025 and beyond, official duties and responsibilities is where the schedule ends for First Lady Melania Trump. She showed up to the RNC Convention and carried out that same role/responsibility. Melania kept Baron away from the convention for the same purpose. She’ll continue the same standard after President Trump wins in November.
Donald Trump Jr loves American politics and will joyfully bring his family and children into it. This puts Melania and DJT Jr at opposite ends of the issue. Remember that. DJT Jr has aspirations. Also, remember that.
The next “2025-Term 2” post will hit on the very important role of the National Security Advisor (NSA). That post will be password protected because the comments section needs to be intellectual discussion about the ramifications of the presentation. [Yes, when you see the scale of the problem you are part of the very select 3% group and you prepare your life accordingly.]
The NSA position is critical. The Intelligence Community will lie to President Trump.
The Nat Sec Advisor intercepts the lies, evaluates the issue to find the small granules of truth; then presents truthful options to President Trump. The Nat Sec advisor must know the silo system like the back of his hand. He must know every detail about how it operates, and he must be willing to fight against the AG, DoS, FBI and CIA.
The NatSec Advisor must be strategic, smart and have EXCEPTIONAL judgement. It would also be beneficial if the The NatSec Advisor had an external compartmented financial resource system – meaning, he was (real world) independently wealthy of DC and ambivalent to the financial interests of the MAGA grifting community.
The NatSec Advisor needs as few attack vectors as possible. If the NSA is vulnerable, he’s useless.
The traits of impenetrable judgement, stability, brutal honesty and understanding, disqualify names like Patel, Bannon, Flynn, Navarro et al and 95% of the people previously presented. Now you see the problem. Michael Flynn and Kash Patel might be good on the National Security Council, which is headed by the NatSec Advisor, but in the primary role, no way; too risky. more later…
I am going to start giving honest examples of recent history and reminders of human-trait issues that will make people uncomfortable. I don’t care. The truth is ambivalent about feelings. We need results.
Posted originally on the CTH on August 1, 2024 | Sundance
The introduction is here [CATCH UP], I am not going to slow down, re-review and/or rewrite anything. We have a limited amount of time, and the focus of these outlines is easy to understand.
In the next few weeks, I am going to write very specifically about who might be best suited for roles and responsibilities. Not from the perspective of the person per se’, but rather from the perspective of a fully understandable context for the position; the reality of what can be pragmatically accomplished, and detailed reasoning for why the challenge they will face exists. Today I focus on “the emissary.”
Without a doubt in my mind, the “emissary” is the most important person President Trump will select.
The Washington DC Intelligence Community (IC) actively work to isolate the office of the president. This is an almost impossible dynamic to avoid, caused by an entrenched and ideological adversary who has dug themselves deep into the apparatus of government.
The “emissary” is the person who carries the word of President Trump to any person identified by President Trump. The emissary is very much like a tape recording of President Trump in human form. The emissary travels to a location, meets a particular person or group, and then recites the opinion of the President. The words spoken by the emissary, are the words of President Trump.
The IC cannot inject themselves into this dynamic; that is why it is so valuable.
The emissary then hears the response from the intended person or group, repeats it back to them to ensure he/she will return with clarity of intent as expressed, and then returns to the office of the presidency and repeats the reply for the President. The emissary recites back exactly what he was /is told.
This process is critical when you understand how thoroughly compromised the full Executive Branch is. More importantly, this process becomes even more critical when you accept the Intelligence Community will lie to the office of the President to retain their position.
Read this next sentence slowly…. If the Senate confirms a director of an IC silo, then that director is demonstrably going to lie to the office of the President.
The Senate only confirms Intelligence Community leadership who are willing to LIE to THE PRESIDENT. This is just a factual reality.
If the Senate Select Committee on Intelligence (SSCI) confirms them, they will lie. That is the main role of the SSCI.
The people who constructed the Silos then metastasized the control rot within them, use the term “continuity of government,” to describe the true role and responsibility of the system. This is not factually wrong.
Where people go wrong is misunderstanding what the “continuity” is that is being maintained. Truly, the continuity of government is the priority. However, it’s the continuity of currently corrupt and immoral government we are now maintaining.
The CIA Director will lie to President Trump (they did, remember). The FBI Leadership will lie to President Trump (they did, remember). The AG will lie, the DNI will lie, the NSA will lie, and all the deputies therein will lie.
Washington DC puts it this way, you probably heard Bill Barr talking about ad-infinitum. The IC leadership is responsible for maintaining the “continuity of government” at all costs. The government is more important than The President.
If the continuity of government is maintained by lying to the office of the President, then so be it. Or, as James Comey said when justifying his lies to the President and his manipulation on March 20th, 2017: “because of the sensitivity of the matter.”
You can get as angry as you want about this, it’s just the DC system that exists. We must deal with what exists, not what we would pretend there to be.
If a candidate for an IC position is not willing to lie to the President, the Senate will not confirm him/her. This is why President Trump needs an emissary.
The role of the emissary is critical, the qualifications for that role are extremely important.
Remember, this person is speaking on behalf of President Trump. And representing the responding voice with a similar level of clarity.
The emissary must be of incredible moral character. They must be honest. The person should be entirely altruistic. They must have exceptional judgement, possess no ego, be impervious to scrutiny or review. They must maintain themselves at the highest moral standards at all times and exhibit incredible judgement and wisdom.
Due to the nature of the position the emissary is extremely powerful; therefore, a disposition of humility is also critical. The President must be able to trust this person without reservation or issue. At the same time, the entire weight of the U.S. Intelligence Community apparatus will seek to compromise the emissary, as they try to put walls around the President who holds silo-busting power.
Honesty, integrity, humility, trustworthiness, unimpeachable character and exceptional judgement, establish the baseline of traits the emissary must possess.
This is a choice that will be deeply important to President Trump. Fortunately, it is not a position that requires any confirmation or external approval. Judgement, discernment, wisdom and silence are the strength characteristics.
From my perspective, I can think of only one qualified candidate, Dr Ben Carson. However, I could be wrong – I do not know the sum total of the people around President Trump.
Posted originally on Aug 1, 2024 By Martin Armstrong |
Russia has announced that it will implement a digital ruble by next July. Moscow will begin using cryptocurrency for some foreign transactions to bypass sanctions and SWIFT. As of November 2024, Russia will permit crypto mining, so long as it is carried out under the watchful eye of the government.
The Bank of Russia will oversee crypto mining and overriding capabilities. The Russian government, alongside the central bank, will select mining pool participants and protocols. Gone are the days when anyone could seemingly anonymously mine crypto, as Russia is one of many nations that will begin to require complete government oversight.
Beginning on September 1, Moscow will attempt to use crypto for foreign settlements while creating a new electronic platform through the National Payment System (NPS) within the EPR framework. The central bank is already stating that it must monitor activities to “identify risks” relating to national security and terrorism. This is precisely why other nations will also begin closely examining crypto transactions to ensure that the government has the upper hand.
As for the digital ruble, all operations will go through the Russian central bank. All of the CBDC will be stored through the central bank, which they ensure is for citizens’ safety. Each digital ruble will carry a unique code, similar to a banknote, and people may transfer rubles from one digital wallet to another – all under the watchful eye of government. The decree for the digital ruble was signed into law last August, but authorities believe the average person will begin using it by 2025.
Bank of Russia head, Elvira Nabiullina, claims the digital ruble will be optional. “If they want – they’ll use it, if they don’t – they won’t. No one is forcing anybody to use the digital ruble,” Nabiullina said. Yet, what happens when the seller or buyer is only accepting digital rubles? There is some vague language about digital rubles having codes for specific usage to deter crime. Governments want control and there is no better way to control the people than usurping the money supply and what can be considered “money.”
Removing Russia from SWIFT prompted these actions. “Over 30 regulators are currently working on national digital currencies,” Olga Skorobogatova, the first deputy chairwoman of the Bank of Russia, reported. “I think that this speed, with which the regulators have delved into this field, speaks volumes about the fact that, in 5-7 years, several countries surely will step forward with their own national digital currencies. Then, we can discuss the questions of direct integration. In that case, we no longer need SWIFT, since these are different technological interactions.”
The move to CBDC was an inevitable next step. The International Monetary Fund developed a coin long ago and other nations have been working alongside their central banks for years. It will be easy for Moscow to force its citizens and businesses to make the switch as they’ve already been removed from SWIFT and have had their foreign assets frozen for simply residing in the wrong nation. There is a reasonable fear that their money is not safe.
The year 2025, one year away, will bring about the rise of countless CBDC. The ultimate goal is to create one centralized currency. We saw that it epically failed in Europe as those nations are now under the control of the One World European government, the unelected officials in Brussels who silence their own member states from dissenting. Yet to begin, nations will begin pushing for the use of digital currency before outright canceling “hard money” under the premise that they are protecting their citizens. In all actuality, the elite believes all the money in circulation belongs to them, and the only way to guarantee maximum taxation is to transition the people to a controllable, non-tangible monetary system.
Posted orriginally on Aug 1, 2024 By Martin Armstrong
Serving debt is the largest cost of Washington’s debt crisis; America currently spends $2.4 billion in daily interest fees alone. The debt and spending simply cannot keep up with what America is bringing in. The federal govt spent $658 billion on interest fees in 2023, a 38% jump from the $476 billion in servicing debt in 2022. That’s 2.4% of the entire national GDP spent on interest expenditures alone.
The Congressional Budget Office believes the US defense expenditures will reach $870 billion this year to put into perspective how wasteful these interest payments have become. The CBO also believes interest costs will spike to $892 billion by year-end, rising to $12.9 trillion by 2034. The previous high came in during 1996 at $468 billion.
The Peter G. Peterson Foundation broke the projected cost post 2032 to be $38,600 per American citizen. Not only is the US unable to pay this debt but those in government continue to spend TRILLIONS of dollars on programs that have not benefitted the people. This is one of the reasons that the US government is looking at a complete overhaul by the time we reach 2032 for it can not leave it for the next generation without consequences.
Posted originally on Aug 1, 2024 By Martin Armstrong
There has been so much disinformation and sensationalizing of Quantitative Easing that this has led to academic economists who lack any trading experience to propose Modern Monetary Theory for its seems nobody actually comprehends what the hell is really going on. Much of the problem stems from this ancient theory that if you increase the quantity of money, then inflation will follow. This all predates massive government debt.
Much of this Quantity Theory of Money has its origins in Sir Thomas Gresham (1518-1579), who represented the English Crown on the Amsterdam exchange. People would not lend money to England because Henry VIII was debasing the currency to be able to repay his loans. He confiscated the Catholic Church and started the Church of England all because he was broke and confiscated wealth from the Catholic Church in England. Gresham became an adviser to Henry VIII’s successor – Elizabeth I. Thus, Gresham’s Law became bad money drives out good money, or the undebased currency.
These theories, which even gave rise to Austrian Economics, were all pre-collateralized debt of governments. There was no such market for posting sovereign debt as collateral to borrow or trade in markets. The economic models all changed, but academics have never understood traders. Lacking that experience, you will never see the actual trends.
Where Gresham observes from trading that debasing the money caused higher quality money to be hoarded when the foreign exchange value between currencies was ENTIRELY based upon the metal content, John Law (1671-1729) was also a trader on the same floor of the Amsterdam Bourse. He observed what has become the theory of Supply and Demand. It took two traders to witness how the market moved to develop these ideas. Both men were self-taught since the field of Economics did not begin until 1902. Not even John Maynard Keynes nor Adam Smith held decrees in economics.
The other self-taught economist who was also a trader was none other than David Ricardo. At the tender age of just fourteen, David entered his father’s business, but in 1793, he set up his own operation and made a fortune as a trader on the London Stock Exchange. Ricardo’s most important work was Principles of Political Economy and Taxation (1817). This book deals with all the controversial questions of political economy at the time: value theory, economic growth, rent, etc.
His other works include The High Price of Bullion (1810), which was the origin of understanding deflation; David’s Essay on the Influence of a Low Price of Corn on the Profits of Stock (1815); Proposals for an Economical and Secure Currency (1816); and the Plan for a National Bank (1824).
Ricardo is most famous for his ‘Theory of Comparative Advantage’ and ‘Rent’, which effectively argued that, for example, Saudi Arabia could grow lettuce in a desert with tones of water that might cost $10 to grow when it can buy it for 50 cents elsewhere. Thus, a nation should exploit what it possesses with a Comparative Advantage rather than squander its resources and restrict free trade.
Quantitative Easing (QE) does not increase the Supply of Money—it is only a maturity swap. Today’s total money supply includes debt, unlike during the pre-19th century. This has erroneously given rise to Modern Monetary Theory, for they pointed to QE and said there was no inflation, so we could just print without repercussions. It was merely a swap of maturities when you finally realize that debt is now money that pays interest as paper money began during the Civil War.
When paper money stopped paying interest, the term “Greenback” emerged, meaning there was no interest payment schedule on the reverse, just green ink. Paper money began as essentially debt or bonds that circulated as cash.
If your Definition of Money is Wrong – So is Everything Else that Follows
Posted originally on the CTH on July 31, 2024 | Sundance
In the first part of the interview with Mike Lee, Tucker Carlson asks his opinion of the Hersch research discussing how Barack Obama threatened Joe Biden into exiting from the 2024 campaign. Obviously, this led to the installation of Kamala Harris as the nominee, which was the long game of those within the Obama network who still operate the control mechanisms in Washington DC.
As with all DC interviews of participants, keep in mind that Senator Lee operates within a bubble, a construct of intentionally created information “silos,” and as a result -just like all other participants in the industry of Deep State management- Mike Lee is somewhat limited by what he can see. Voices like Senator Lee, stuck in the silo operations, do not generally have as much big picture information as ordinary Americans; he sees what is outside his window and that frames his reality. WATCH:
Chapters:
00:00 Obama Kicking Biden Out 08:13 Biden’s Impairment 20:33 Biden’s Scripted Phone Calls 23:17 The Federal Government Is Too Powerful 36:02 The Progressive Dream 41:51 How to Fix the Problem 57:04 Could Kamala Harris Win? 1:03:01 Why Is Kamala an Abortion Fanatic? 1:09:35 The Hostility Towards Christianity 1:18:23 The Failed Leadership Class 2:02:59 This Election Is Critically Important
Posted originally on Jul 31, 2024 By Martin Armstrong
The Fraser Institute conducted a study that found Canadians are experiencing the worst standard of living in the past 40 years. Conditions are beneath what was experienced during the 89 recession, the Great Recession, and even the early stages of the post-pandemic. What is going on in Canada?
Justin Trudeau uprooted Canada’s fiscal landscape and his policies have only further sunk Canada into a decline. I reported that household debt in Canada exceeds 100% of GDP. Government spending toppled $1 trillion in 2020 in response to the pandemic, decreasing only 7.8% to $969.5 billion the following year. Government spending toppled C$520.17 billion during Q1 of 2024 alone. Justin Trudeau is aiming to turn Canada into a “BUILD BACK BETTER” nation that operates not like a true capitalist society but like the unelected government-driven economy we see in the European Union.
Canada’s immigration policy has become a free-for-all, with its population reaching an all-time high this year after surpassing 41 million. Nearly all population growth (99.3%; 240,955 people) was solely attributed to migrants arriving in Canada. The taxpayers are expected to subsidize the lives of migrants and turn a blind eye to the drastic uptick in crime. Canada was once a safe nation with a high-trust society. Crime has risen by over 40% and the entire landscape of Canadian society is changing. These people are often living in squalor and there are not enough housing units or jobs for all migrants, let alone all Canadians.
Similar to the US, Justin Trudeau is boosting job postings by ramping up hiring in the public sector, which has grown by over 17% since 2019. For comparison, the private sector only grew by 4% during that same timeframe. The public sector simply does not add to the economy in any meaningful way. These tax-funded agencies simply multiply and deduct from overall GDP.
Similar to other Build Back Better nations, Canada has lost its edge in trade. The countless green initiatives have crippled entire sectors, and rising taxes have made it a less desirable place to conduct business. Canada experienced a 51.2% reduction in mining, oil, gas, and quarrying from 2014 to 2022, as one example. Business investments have decreased by a third under Trudeau, yet he continues to spend.
‘“Building back better” represents a shared vision for a sustainable and inclusive economic recovery that strengthens the middle class, creates more opportunities for hard working people to join it, and ensures people have good jobs and careers on both sides of the border. Our leaders also recognized the opportunity for clean growth driven by workers, communities, businesses, and innovation.”
These government leaders are utter failures who are incapable of implementing meaningful policies. They destroyed the world economy under COVID and then sought to BUILD BACK BETTER. Instead, they’ve driven away smart money and business, fostered an environment for rising crime, and decreased everyone’s quality of life with inflationary policies. It is time for the voters to wake up and realize that the people they put into office are directly responsible for their deteriorating economic situations.
COMMENT: It’s akin to a multi-billion marketing campaign
I have family in
UK, Sydney, and Galway, Ireland
All are getting “diversity” pushed. It’s like a weapon now to prevent unity, common heritage against govt
I made these for friends. The end game of diversity?
There will be OLYMPIC teams in 30 years!
RL
REPLY: The real purpose of this Diversity Equality Inclusion global marketing plan has NOTHING to do with caring about people. I think the racist label has greatly died down, for in our own company, we have every religion and race working together. Even this LGBQT movement disrespects everyone else and demands we change our pronouns, and it is offensive to them if we call our mother – “mother.” This excessive abuse creates discrimination when one group demands everyone else must change their actions that have no direct physical impact on them.
What made the United States the great melting pot and the largest economy in the world was DISCRIMINATION. It was fair, for whoever was the last off the boat was discriminated against until they learned English to get a job. There were violent incidences, like when the Irish came in during the Hard Times of the 1840s, that resurrected the old hatred of Catholics in Philadelphia by the English Protestants. However, the second generation all intermarried once they spoke the same language. Ask an American what they are; the typical response will be half Irish, half German – or whatever the combination might be.
This is George Soros’ Open Society agenda that neither respects human culture nor anything that makes us individuals. Like Garland, Blinkin, and Nuland, Soros immediately attacks any critic, calling them antisemitic rather than addressing the criticism. As the Atlanticwrote: “George Soros’s name has been used as an anti-Semitic, nationalist dog whistle.”
Soro’s mentor is Karl Popper (1902-1994), who wrote several books, including “The Poverty of Historicism,” which Popper wrote in New Zealand during World War II. Popper became fixated with this notion of destiny pushed by Hitler and others throughout history. In his “The Open Society and its Enemies,” he writes: “Historicism, which I have so far characterized only in a rather abstract way, can be well illustrated by one of the simplest and oldest of its forms, the doctrine of the chosen people.” Poper describes this “historicism” as follows:
It is widely believed that a truly scientific or philosophical attitude towards politics, and a deeper understanding of social life in general, must be based upon a contemplation and interpretation of human history. While the ordinary man takes the setting of his life and the importance of his personal experiences and petty struggles for granted, it is said that the social scientist or philosopher has to survey things from a higher plane. He sees the individual as a pawn, as a somewhat insignificant instrument in the general development of mankind. And he finds that the really important actors on the Stage of History are either the Great Nations and their Great Leaders, or perhaps the Great Classes, or the Great Ideas. However this may be, he will try to understand the meaning of the play which is performed on the Historical Stage; he will try to understand the laws of historical development. If he succeeds in this, he will, of course, be able to predict future developments. He might then put politics upon a solid basis, and give us practical advice by telling us which political actions are likely to succeed or likely to fail.
Popper became caught up in these claims of destiny, which blinded him to the actual driving forces behind society throughout the centuries and why kingdoms, empires, nations, and city-states always rise from nothing, reach a climax, and then disintegrate to dust, only to be buried in a common grave dug by history. In Edward Gibbon’s (1737-1794) Decline and Fall of the Roman Empire (1776), his final chapter tells us about two attendants to Pope Eugenius IV (1431-1447) who are sitting on top of the Capitoline Hill in Rome overlooking the Roman Forum. Poggius then comments upon the vicissitudes of fortune, which spares nothing and nobody while it buries empires, nations, and city-states in a common grave.
“Her primeval state, such as she -might–appear in a remote age, when Evander entertained the stranger of Troy, has been delineated by the fancy of Virgil. This Tarpeian rock was then a savage and solitary thicket; in the time of the poet, it was crowned with the golden roofs of a temple, the temple is overthrown, the gold has been pillaged, the wheel of Fortune has accomplished her revolution, and the sacred ground is again disfigured with thorns and brambles. The hill of the Capitol, on which we sit, was formerly the head of the Roman Empire, the citadel of the earth, the terror of kings; illustrated by the footsteps of so many triumphs, enriched with the spoils and tributes of so many nations. This spectacle of the world, how is it fallen! how changed! how defaced! The path of victory is obliterated by vines, and the benches of the senators are concealed by a dunghill. Cast your eyes on the Palatine hill, and seek among the shapeless and enormous fragments the marble theatre, the obelisks, the colossal statues, the porticos of Nero’s palace: survey the other hills of the city, the vacant space is interrupted only by ruins and gardens. The forum of the Roman people where they assembled to enact their laws and elect their magistrates, is now enclosed for the cultivation of pot-herbs, or thrown open for the reception of swine and buffaloes. The public and private edifices that were founded for eternity lie prostrate, naked, and broken, like the limbs of a mighty giant, and the ruin is the more visible from the stupendous relics that have survived the injuries of time and fortune.”
Popper rejected cycles because he was focused on these claims of destiny. That may have been the rhetoric of Hitler, but you do not focus your entire theory on trying to disprove such a claim. In the process, Popper never sought actually to identify why; no matter what form of government emerges, they are all buried in a common grave. Chancellor Merkel of Germany pushed economic theories based on the German false assumption that the hyperinflation took place BECAUSE of the printing of money when, in fact, it was the printing of money that was the response to the collapse in confidence of the Weimar Republic.
The Weimar Republic was born of the 1918 German Communist Revolution, during which the German communists even invited Russia to take Germany as part of their Communist Revolution in 1917. These Germans wanted to be part of this Marxist dream. Anyone in the right mind moves whatever wealth they have to other currencies. Then, in December 1922, the Weimar Government confiscated 10% of whatever assets you had in the bank to pay the reparation payments for losing the war.
This German distortion of historical events has poisoned the German economy ever since. It was the very reason why Hitler rose to power for the oppressive of the reparation payments that even Hohn Maynard Keynes warned was detrimental. However, the French had made reparation payments to Germany back in the 19th century, so they wanted retribution in the 20th century.
Even The Lyviathan by Thomas Hobbes (1588-1679) was deeply influenced by the English Civil War and the beheading of the King. In his Decline and Fall of the Roman Empire, Edward Gibbon (1737-1794) was also deeply influenced by the English Civil War between Protestants and Catholics. Consequently, he includes chapters on the rise of Islam and Christianity and attributes much of the cause behind the fall to religion and discord only because he saw that in Britain.
I find it very damaging when someone seeks to critique history based on current trends applied to different times. I have written before how William Penn named his city of Philadelphia based on the translation of the word “Philadelphos,” meaning “brotherly love.” That was not in a Christian sense; it referred to incest, where one married their sister, typically to keep the family wealth contained in the family. This was common in Egypt as well as Syria. This is my point. When looking at history, we MUST review it within the context of that period and NEVER apply our current experiences to their lack of understanding of their thinking and motives.
This was Popper’s great mistake in focusing on this claim of destiny, which was really a great sales slogan rather than a true economic trend. Popper may have wanted to improve the methods of the social sciences to promote peace, freedom, and prosperity, emulating the function of the natural sciences and technology to increase the earth’s productive capacity. However, his book’s central theme is his critique of the myth of historical destiny and historical determinism, that is, the idea that history is beyond human control.
There have been those who have recognized that the individual plays a key role, and this idea of government possessing the power to manipulate society, championed by Marx and Keynes, remains the very core of understanding the true nature of the economy. Carl Menger (1840-1921) is the founding father of the Austrian School of Economics, with his landmark “Principles of Economics,” published in 1871. There, Menger laid the intellectual framework for the subsequent Austrian scholars who followed him.
One of the book’s main themes is that the value of a good is not determined by factors that can be objectively determined (e.g., labor or material costs) but by subjective valuations of the object in question by individuals. As I explained to China when I was invited to help them transition to Capitalism, they were monitoring 249 varieties of tea. The question was, why is this one tea selling for about $5 in one place but $1 in another? I asked where its origin was, and that is where it happened to be $1. I elaborated that there were transportation costs first and secondly that someone would pay more for one tea than another because of personal preference.
In this sense, Carl Menger, Leon Walras, and William Stanley Jevonssaw that economics has a human element that goes beyond supply and demand. ‘Marginalist Revolution’ with Menger and Jevons was added to with elements by Walras, who proposed that the commodities’ relative marginal utilities determined relative prices of commodities and thus explained the discrepancy in the value of goods and services by reference to their secondary, or marginal, utility.
It was John Law (1671-1729), who was the father of the Supply and Demand theory he observed as a trader on the floor of the Amsterdam Bourse. However, Popper grossly overlooked the individual and that we are raised in a particular culture that forms our fundamental beliefs. You cannot have open borders and assume that everyone will assimilate into some homogenous society. Such a transition period of forced assimilation is highly violent and destructive.
Emperor Valens (364-378AD) allowed the Goths to cross the border, assuming that he could exploit them to build his army. They were trained in Roman tactics and then turned on the Emperor from inside the Roman Empire. Valens met his death on August 9th, 378 AD, in one of the greatest military catastrophes ever suffered by the Roman Legions – the Battle of Aadrianopolis. In this fateful battle to the death with the Goths, the legions of Rome were totally annihilated. The devastation and carnage was so vast that the body of the Emperor Valens was never recovered. This battle was one of the worst defeats Rome had ever suffered. Before, No one had ever destroyed the mighty legions of the Roman army while under the command of an Emperor himself.
So much for Soros & Popper’s Theory of an Open Society
Joe Biden declared that implementing term limits would be one of his last acts before vanishing from Washington. No, he is not demanding that Congress heed to term limits. Biden himself is a career politician who profited from a lifetime of rubbing elbows with the establishment at the expense of the people. He would not dare to implement laws that would hurt his remaining allies in Washington. The real reason that the establishment want justices to have term limits is because they fear a Trump majority SCOTUS.
The Supreme Court of the United States was created over 233 years ago in 1789 and there have been 116 serving Justices. Justices are appointed for life, with the average Justice serving for around 16 years. Cyclically, a new judge enters the SCOTUS every two to three years.
The Democrats are using abortion, Roe v. Wade, as their reasoning behind abolishing the current structure of the highest court. These politicians do not care about human rights. They are angered that the SCOTUS has ruled against the establishment time and time again. The court denied the establishment the opportunity to force Trump off the ballot. Even the liberal Justices unanimously agreed that states do not have the authority to enforce Section 3 of the Fourteenth Amendment.
The Supreme Court has overturned Chevron U.S.A. v. Natural Resources Defense Council, which permitted government agencies to implement the rule of law, bypassing the federal judicial system. Absolutely every facet of American life is partially controlled by unelected government agencies who need not abide by a uniform rule of law before implementing regulations. Revoking the Chevron doctrine took away tools of the deep state such as forcing the EPA to carry out climate imitative or permitting the FDA to advocate government-approved COVID-19 treatments. Even the Securities and Exchange Commission (SEC) and the Consumer Financial Protection Bureau (CFPB) has lost power in controlling America’s financial markets as a result of this ruling.
There is no place for constitutional law in an increasingly tyrannical justice system.
Biden could only implement term limits through an amendment to the Constitution itself or pushing legislation through congress. A proposed constitutional amendment must receive two-thirds of support by state legislations. Thirty-eight of the 50 members must agree to ratification. This option would leave less room for interpretation or continued legal review.
The second method would be implementing legislation through Congress, and it would be of no surprise if a bill is currently being drafted. The House and Senate would need to agree on such term limits without overtly abandoning Article III of the Constitution that outlines the power of the judicial branch.
All politicians should have term limits to prevent careers that lead to corruption and tyranny. The American justice system was based upon the Roman Republic, which collapsed because of pervasive internal corruption by career politicians. A Roman dictator was a magistrate of the Roman Republic, to whom they entrusted the full authority of the state to deal with some emergency or to undertake a specific duty. Every other magistrate was subordinate to his rule. Even the right of the plebeian tribunes, which no one could touch and had the power to charge politicians, could not veto his actions, and any right to appeal was extremely limited. We see a similar aspect in the US Congress because each side will oppose the other to deprive them of any credit. However, at least a dictator could not be bribed.
A Roman dictation could never roam freely and charge people with crimes outside of his appointed purpose. We see special prosecutors like Mueller violate his authority in this manner. Additionally, a Roman dictator was obligated to resign his office once his appointed task had been completed.
If the SCOTUS faces term limits, then all public officials should be held to the same standard. We are watching the likes of Joe Biden preferring to waste away in office than to step down. We witness them profiting through insider trading, and even the “big man” in the highest office was coerced into bringing the entire nation into a war to protect his special interests. The power to indict must be taken away from the Department of Justice and that decision should be also presented to a panel of independent lawyers who make that decision, not a prosecutor. There should also be no prosecutorial immunity. America must be restored to a system that is FOR THE PEOPLE.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America