Tag Archives: TPP

Jul 5 2017

Arrogance of California Knows No Bounds Governor Brown Still Committing Treason against the Constitution


Armstrong Economics Blog/Politics

Re-Posted Jul 5, 2017 by Martin Armstrong

 

The Governor of California is just insane and out of control. Besides the boasting that California is its own country free to enter into treaties with Europe against the Constitution, now Governor Brown is restricting the freedom of movement of its citizens creating a list of States within the USA that California is imposing a travel ban. Here we have Governor Brown banning travel for which he had the audacity to criticize President Trump. Brown either belongs in a prison for Treason or an insane asylum. The jury should decide. This man is unqualified to be governor and is dangerous.

In January, California Attorney General Xavier Becerra announced the state would no longer fund employee travel to four states – Kansas, Mississippi, North Carolina and Tennessee. Now, with Alabama, Kentucky, South Dakota and Texas added to the list after each passed laws California officials described as discriminatory towards the LGBT community. So in other words, any state that disagrees with California should be put on the their Travel Ban.

Freedom of movement under United States Constitution is governed by the Privileges and Immunities Clause which states, “The Citizens of each State shall be entitled to all Privileges and Immunities of Citizens in the several States.” This issue was decided back in 1823 in an appellate decision Corfield v. Coryell, 6 Fed. Cas. 546 (1823). The freedom of movement for American citizens has been judicially recognized as a fundamental Constitutional right.

Additionally, the Commerce Clause of the Constitution, empowers Congress “to regulate commerce with foreign nations, and among the several States” not Governor Brown. Once again, he is usurping federal powers and overruling the Constitution. He is simply out of control.

Let’s put this in perspective. He yells that Russia deprived him of Hillary because they were trying to “influence” the election. Well, imposing sanctions on other states who disagree with California is trying to also “influence” the people of those states to kneel before the altar of Governor Brown who seems to want to dictate to the world how they should live. Governor Brown is imposing sanctions on other states for disagreeing with the will of California which is the same policy of the West imposing never ending sanctions on Russia for taking back the Crimea, which was their’s to begin with? California has no right whatsoever to impose any sanction upon another state within the USA nor restrict the movement of any citizen to travel among the states. He cannot impose any sanction against another state for disagreeing with his flavor of laws. His view that other states are anti-Lesbian/Gay infringes upon their freedom of religion when they do not outright discriminate against the LGBT community.

Governor Brown seems to have lost it. His arrogance is off the charts and this is just unacceptable. He is lucky I am not president. I would cut off all federal funding for California until they comply with the constitution.

What’s next? Governor Brown imposes requirements upon cars to be electric and bans all citizens from driving to California with a car that does not meet California standards in accord with Paris? Just secede, invite Hillary to be the President of California, and be done with it. Those who disagree with Brown’s politics, the West Coast of Florida  still has the sunsets, no income tax, and far less regulation.

Jul 5 2017

Just Give the Government Your Money & Shut-Up


Armstrong economics Blog/Corruption

Re-Posted Jul 5, 2017 by Martin Armstrong

COMMENT: Dear Marty

I’m doing business w companies in Holland.

So I go there with a colleague to visit one of the factories outside Amsterdam. We rent a car and drive there. Everything is fine and all. No problems with traffic, finding our way or so …

After leaving Amsterdam back home it takes about 4-5 months we get a speeding ticket? We ask for proof us speeding, like a photo or so, but they do not even answer. It goes so far they send it to a collector agency here in Sweden and we call them asking for proof of some sort us speeding when driving in Holland. But they cannot help us. They say they only collect and if we will not pay they will register us in Sweden for this. So we pay. We do not want our business to get soiled.

After this it takes 6 months and we then get – from Holland – a speeding ticket for going the other way when driving to our business meeting???!

Obviously this is a scam!!! We did not pay and have no intention paying either.

So what do you think happens then? When going for a new business trip and we have a short stop at Schiphol airport – my colleague gets stopped in customs switching planes? (He was the one driving when we got the tickets) They arrested him for not paying the speeding ticket …. But luckily they let him go but said if he visited Holland again they would arrest him for sure and there would be a trial. So no business with Holland anymore. And no visits either.

Too bad ….

 

 

/C

 

ANSWER: Yes, the same process is happening in Italy, France, and Germany. It is indicative of governments going broke. They cannot see that they are destroying civilization because of their mismanagement.

These European governments are sending tickets with no explanation or proof and demanding fines of else. They are exploiting tourists and destroying their own vital business. Why travel on vacation to someplace you will be harassed? They turned over a ticket I got in Rome to a collection agency and I too told them no way. This is the biggest scam going on in Europe became they have speeding cameras and no police ever pull you over for anything. There is no explanation. No photo. No evidence. NOTHING! Just send us money or else they just threaten you with jail time and absolutely no proof of anything. They are far worse than the Mafia.

This is why I no longer recommend renting any car in Europe. It is just cheaper to hire a driver for a trip or use taxi/Uber. Then they are harassing Americans pulling you over looking for cash. In the late 1970s, I went through Checkpoint Charlie in Berlin. They forced you to buy East German marks at 1:1 with West German. Then you got into town and nobody you taken them. Even the government run hotel demanded West German marks.

I left with the same amount of East German marks I was forced to buy. I was just going to keep them as a reminder. Then trying to get back through Checkpoint Charlie, the last station of several they went through how much money you had on you. The woman pulled a rope and bell went off and two guards came and grabbed me by the arms and took me to a shed at the beginning. They took all my money and told me to sit. Waiting for over an hour, I got up and asked can I go. He then handed me a slip and said they only confiscate and I had to take that to the central bank the next day to get my money back. I then remarked – “And you say you are not capitalist?” I then had to start over and go through all the stages to get out. They kept the money.

Welcome to the new world we are emerging into. They are all the same. Just give them the money and shut-up.

Jul 5 2017

China to Open Bond Market to Foreign Investors


Armstrong economics Blog/China

Re-Posted Jul 5, 2017 by Martin Armstrong

QUESTION: Mr. Armstrong; it is becoming obvious that China follows your advice to the last letter. That makes sense when you were the western adviser they flew in to Beijing during the 1997 crisis. You told them to bypass the primary dealers and demand to buy US debt directly and they did within 30 days. Everything you have advised they have done and now they have opened the bond market to foreign investors. Is this the step that makes China surpass the West?

ANSWER: Yes. It is a process. Europe would not listen to my warning that unless they consolidated the debt of all member states, then the euro could never compete against the dollar. In order to the Chinese yuan to become an actual reserve currency, there must be a bond market that is secure into which foreign capital can park. This was the missing link in Europe.

The fools who pretend to be analysts and kept saying that the Yuan will defeat the dollar by merely trading commodity in yuan terms, are truly without any comprehension of how the world economy function since they have no experience in the field whatsoever. You can price oil in yuan, but without a bond market, you instantly transfer your profits to dollars to park in Treasuries.

Without a viable bond market, no currency can become the reserve currency and compete against the dollar. It does not matter what you price in yuan, it still requires a trustworthy place to park your money.

Jul 4 2017

The Coming Revolution – the Next 4th of July


Armstrong economics Blog/Politics

Re-Posted Jul 4, 2017 by Martin Armstrong

 

There is a revolution coming that is engulfing the world. Governments are broke and are taking drastic measures to stay in business. Not all revolutions are bloody. There have been revolutions such as that in Russia when the army stood down and would not fire upon the people. Even in Saudi Arabia, there is talk of revolution and civil war as a rift within the Royal family has been unfolding and the army is by no means united behind one faction.

Whether a revolution comes with the blood that feeds the Tree of Liberty as Thomas Jefferson put it, really is determined by the army. The European Union is desperately trying to create an army which is power. The question would eventually emerge, will the EU send its army against a member state because it seeks to leave? The golden rule of political-revolutions can be stated simply by the victor:

We have defeated the enemy of the people;

We Occupy their Hill of Power;

We have become the enemy once again.

 

We reached the peak in government 2015.75. Ever since that fateful turning point, the press has become so corrupt, the politics has collapsed, traditional parties are declining and the rise in discontent is global. Between here and 2032.95, the world around us is changing. It will be out with the old, and in with the new. The driving force is always economic

Jul 3 2017

Freedom of Speech Comes to an End in Germany


Armstrong Economics Blog/Germany

Re-Posted Jul 3, 2017 by Martin Armstrong

 

The most anti-democratic law perhaps ever to pass any Western Government just pass in the German Bundestag last week. Even the opposition Social Democratic Party (SPD) votes to suppress free speech and it is all geared to end criticism of government. This new law obligates the operators of social networks to block off anything that they themselves view “might be” criminal within 24 hours of receipt of the complaint. Other illegal content must be “deleted” or “blocked” within seven days.

The problem is rather simple. It boils down to there is no judicial determination as to what might be criminal and there is nothing specifically deemed to be criminal in the act. The word “criminal” is left totally undefined. Traditionally, the foundation of law in a free society is known as DUE PROCESS. This concept comes from the Bible. When Cain kills Abel, God knew what he had done. Nevertheless, he (1) summoned him, (2) asked him his side of the story, (3) judged him, and (4) sentenced him. It is presumed that God knew what took place, yet he still allowed Cain to explain and defend himself.

“Where is Abel your brother? And he said, “I do not know: am I my brother’s keeper?” And He said, “What have you done? Listen! your brother’s blood cries out to me from the soil. And so, cursed shall you be by the soil that gaped with its mouth to take your brother’s blood from your hand. If you till the soil, it will no longer give you strength. A restless wanderer shall you be on the earth.”

This is Due Process of Law, which is increasing under attack by all governments. The Guantanamo Bay detention camp is a prime example of how the U.S. government is violating international law and the foundation of Due Process. The so-called terrorists they keep there are never provided the right in court to defend themselves. There is no evidence to put them on trial, do the government just keeps them locked-up with no Due Process of Law because they will not admit what they have done.

Lindsey Graham, ranking member of the Judiciary Committee,  is an outright traitor to everything held to be fundamental to freedom. He sponsored the bill to indefinitely imprison people, deny them a lawyer, and deny them any right to defend themselves whatsoever. Graham has rejected the very principle of Due Process of Law that even God provided to Cain when he knew what took place.

The Bundestag has just opened the door to the same violation of international law all because there is a major pension crisis in Germany that the politicians are attempting to hide prior to the election. Thus, exactly what is a “criminal” is left to the imagination. There is no right to be charged, no right defend oneself, you are summarily silenced. Private companies are now replacing courts of law. It is their decision what is now criminality. There is no right to be heard in a court of law anymore. They can now arbitrarily shut down anyone speaking content they “think” the government would not like. Now we have third parties acting as judges and juries all because the government does not like social media networks. These private companies must also decide on their view of what is “criminality” of the reported content within seven days.

Then these private network operators are required by this law now to provide users with a directly accessible procedure for transmitting complaints. Therefore, anyone who disagrees with what is being said can now file a complaint, the network must fear if the government would not like it, and judge the provider within 7 days and shut them down.

If a complaint management is not established immediately (before the election), a fine is threatened. Then if you dare wish to appeal and you will be fined five million euros against a person responsible for the appeal. The fine itself can be up to 50 million euros against the company itself if it does not now censor everything being written in social networks.

This outrageous law is clearly “unconstitutional” in Germany and it is an affront to everything regarded as a core principle of free speech and a free society. Only the AFP objected with every other party lining up to silence any opposition. The law delegates the distinction between criminal acts of hatred, satire and freedom of expression to social media giants such as Facebook and others with huge fines for non-compliance with each incident. At  50 million euros per incident, then can bankrupt the biggest social network within a single week.

We should take a moment of silence to remember what freedom once was. These people in power no longer represent the people. They are becoming the worst enemy of freedom everywhere

Jul 2 2017

Financial Flagellation – Illinois Budget Deadlines Passes Without Action…


Re-Posted from The Conservative Tree House on July 1, 2017 by

Utilizing some Bloomerberg and Zerohedge reporting – treeper SeekerofTruth provides a nice recap of Illinois financial self-flagellation.  Charging head-first into the abyss:

SeekerOfTruth – June 30 came and went and the Illinois legislature did nothing. So the courts have stepped in now.  Bloodbath coming. Fun to watch if any news outlets would report on the story. The bloodbath of decades of liberal policies and corruption.

“From Horrific To Catastrophic”: Court Ruling Sends Illinois Into Financial Abyss.

By the end of Friday – the last day of the fiscal year – Illinois legislators failed to enact a budget, and while negotiations continued amid some glimmers of hope and lawmakers planned to meet over the weekend, the failure marked a continuation of the historic impasse that’s left Illinois without a full-year budget since mid-2015, and which, recall, S&P warned one month ago will likely result in a humiliating and unprecedented downgrade of the 5th most populous US state to junk status.

Then came the begging.

According to Bloomberg, on Friday Illinois House Speaker Michael Madigan, a Democrat who controls much of the legislative agenda, pleaded with rating companies to “temporarily withhold judgment” as lawmakers negotiate. “Much work remains to be done,” the Democrat said on the floor of the House Friday, before the chamber adjourned for the day. “We’ll get the job done.”

… However, in a “shocking” development, just hours remaining before the midnight deadline to pass the Illinois budget, and Illinois’ imminent loss of its investment grade rating, federal judge Joan Lefkow in Chicago ordered Illinois to come up with hundreds of millions of dollars it owes in Medicaid payments that state officials say the government doesn’t have, the Chicago Tribune reported.

Judge Lefkow ordered the state to make $586 million in monthly payments (from the current $160 million) as well as another $2 billion toward a $3 billion backlog of payments – a $167 million increase in monthly outlays – the state owes to managed care organizations that process payments to providers.

Friday’s court ruling, which meant that the near-insolvent state must pay an additional $593 million per month, may have been the straw that finally broke the Illinois camel’s back.

“Friday’s ruling by the U.S. District Court takes the state’s finances from horrific to catastrophic,” Comptroller Susana Mendoza, a Democrat, said in an emailed statement after the ruling.

As a result of the court decision, “payments to the state’s pension funds; state payroll including legislator pay; General State Aid to schools and payments to local governments — in some combination — will likely have to be cut.”

Also, without a budget that includes borrowing to pay down the bill backlog, Illinois by August will run out of money for key expenses for the first time since the stalemate began, according to Comptroller Mendoza. That means school funding, state payroll, and pension payments could be affected, she said. There won’t be enough money for these mandated or court-ordered payments.

she said that payments to bond holders won’t be interrupted (more below).
As noted above, Mendoza said that this won’t jeopardize debt-service payments, however she probably should have added “for now.” For now, Illinois hasn’t missed any bond payments and state law requires it to make monthly deposits to its debt-service funds.

===> Missed bond payments and the state goes into default. If bonds are moved to junk status many bond funds will have to sell the bonds because many mutual funds do not allow any or much junk rated bonds in the fund.

PS. This is the real number 1 news story in the country right now. And almost nobody even conservative sites are reporting on it. Muh Russia narrative needs to be replaced with Illinois policy and legislative failures as the number 1 story all over in the country. Illinois is the not so shiny example of the policies that the MSM so longs for and preaches as good every day.

Nothing will likely be done until this does become a national story and people see just how stupid Illinois people are. Right now they can save some face but not if this becomes headlines all over. This is no longer a kick the can further down the road situation. They only have until the end of summer until the can falls into the abyss. Then schools will not open and more importantly Teachers Union people will not be paid.

Bond payments missed and the state instantly goes into debt default and that activates financial legal processes.  (link)

They’d better get things straightened out quick, they’ve got a library to help fund…

Jul 2 2017

The Euro & Optimistic Fool


Armstrong Economics Blog/Euro €

Re-Posted Jul 2, 2017 by Martin Armstrong

COMMENT: Marty; I see what you mean that it does not matter what the fundamentals are, markets move based upon what people belief be it right of wrong. To what the euro rally reminds me of the DOT.COM bubble. Blue skies forever.

REPLY: Yes. Human nature is such that we act always in anticipation of future events. This is why professional traders have always said – buy the rumor but sell the news. Markets simply MUST push to the extremes in both directions. That sucks the fools in to always buy the high and sell the low. That reminds me of the 1940 song Fools Rush In (Where Angels Fear to Tread) by Frank Sinatra.

Only the smart ones go on to try to analyze why they lost and learn from their mistakes. The majority, will not buy that instrument again and look for some other investment to reach the “blue skies forever” as you put it.

Jul 1 2017

Angela Merkel Reflects Fear and Loathing Amid EU Elites…


Re-Posted from The Conservative Tree House on July 1, 2017 by

German Chancellor Angela Merkel delivered some rather strongly worded remarks in advance of the upcoming G20 summit in Hamburg Germany.  Reuters frames the Merkel statements as a warning to U.S. President Donald Trump.

(Reuters) German Chancellor Angela Merkel promised to fight for free trade and press on with multilateral efforts to combat climate change at the G20 summit next week, challenging the “America First” policies of U.S. President Donald Trump.

In a defiant speech to parliament a week before she will host a summit of the world’s top economic powers in Hamburg, the northern port city where she was born, Merkel did not mention Trump by name but said global problems could not be solved with protectionism and isolation. (read more)

However, seeking control is a reaction to fear.  Ms. Merkel, the EU, and the larger multinational global interests therein, fear Trump… and for good reason, he’s winning.

President Trump has put a jaw-dropping U.S. energy platform solidly into place.  You can learn more about them HERE and HERE.  The announcements last week are tectonic in consequence though seemingly lost amid the chafe of media reporting over twitter spats.

Everything President Trump’s team does is connected to a bigger, much bigger, picture than most people are paying attention to.  However, those who control the levers of multinational power are paying very close attention.

At it’s core and central elements ‘America-First’ is about prosperity and national security through the utilization of leveraged economic power.   For four decades, as he built out his empire of holdings, every-single-day at every-single-opportunity, Donald Trump voiced vociferous frustration that politicians were allowing the U.S. to be controlled, lessened, weakened and robbed by multinational economic interests.

The historic fact of Trump’s decades-long position must be understood in order to understand the severity, consequence, deliberateness and thoughtfulness of his corrective plan of action.  You cannot overemphasize how strong these positions are.  Inasmuch as you inherently care for the guardianship of your child, likewise does Donald Trump view the United States with such a disposition of care, concern and stewardship.

In Trump’s mind, failure in his goal to reestablish American economic power, economic strength and economic dominance is no more an option than a mother failing to grasp the hand of her child walking amid edge of a sheer cliff.  It just is. It will be. There is no alternative. Period.

While the rest of the chattering class have overlooked it, President Trump, Rick Perry, Steven Mnuchin, Wilbur Ross, Robert Lighthizer, Ryan Zinke and Scott Pruitt have already moved America passed “energy independence”.

Stop.  Realize what that sentence says.

America has already passed the goal of “energy independence”.

We are now beyond the previously optimistic goal of energy independence.  It’s only been 5 months.

We ran past the goal of energy independence so fast, that no-body seemingly noticed it.  It’s like a race car lapping the traffic and now positioning for the lead of the pack again.  As the crowd watches the race and positioning, the jostling, they seemingly missed, or forgot, the fact the Trump car was so fast it’s already a full lap ahead of the current cars and now back in the pack attempting to lead by two laps.

Stunning.

President Trump’s economic team is now selling energy as an economic export product.

Now, just stop for a moment and contemplate this.

Our national GDP has always been based on the fact we create energy products (oil, gas, coal, renewable etc.), but we have also needed to import energy (traditionally oil).  The import aspect reduces the overall economic value of a fully functional GDP.  We shipped dollars overseas to pay for energy.  Those dollars come from your pocket (gas prices mostly).

The national security angle of this entire issue is transparent, ie. war for oil etc., and we have always been hostage to OPEC pricing, regardless of which political ideology was in power and the relationship therein.  In short we’ve always been a customer.  No-more.

Dakota Access is approved.  Keystone is approved.  Multiple new coastal oil refineries are coming on line (Louisiana, Texas), and we are exporting fuel and LNG (Liquified Natural Gas).   Light-Sweet Crude is stable at low market value, and U.S. gas prices are at their lowest point in decades with even lower prices yet to come.  Oh, and the coal business, driven mostly by export, is up over 7% in less than 3 months.

Hello.

You’ve heard me talk about the economics of energy, probably more than you want.  But think about this…. really think about this.  It’s all connected.

Need to pay down the deficit to invest in infrastructure?  Kinda easy to put a .25 cent gas tax into place when you drop the price of gas by $1.00+,  AND control the future pricing of gas because you control the market, because you are energy independent.  See how this works?

Everything is about the economics, and every outcome can be distilled down to a review of the underlying economics.

Arab Summit? Well, we are no longer beholden to OPEC.  So, when the GCC need to ensure the big cats are kept in their big terror cat cages, what do they need?  [Remember, oil reliance, is no longer part of the exchange conversation with the U.S.]   GCC needs friends, allies, and independent weapons now.   Independent weapons, because the vested U.S. economic interest to be the force in command those weapons is now gone.

Mexico’s entire energy sector is roughly $28 billion.  Mexico’s reliance on monetary wire transfers of U.S. dollars by individuals (non business) is roughly $29 billion.  Wilbur Ross, Robert Lightizer confront the former, while Treasury Secretary Steven Mnuchin controls guardianship of regulations on the latter.

NAFTA? Leverage? See how that works?

Inside the reversal of Obama’s Cuban policies, is the U.S. Treasury Secretary’s control over Cuban Remittances.  Economic leverage.  Sure U.S. Companies can do business there, but they still have to adhere to financial rules on foreign investment.  And CFIUS (Council on Foreign Investment in U.S.) works the economic/NatSec equation in both directions.

In reality Steven Mnuchin has more control over National Security than Secretary of Defense General Mattis or Secretary of State Rex Tillerson….

But no-one ever fully understood the national security trade leverage, apart from economic sanctions aspect, other than businessman Donald Trump, then candidate Donald Trump, and now President Donald Trump and his views/policies on all things economic.

Under President Trump energy as an export commodity is an entire new aspect to the Gross Domestic Product (GDP ), the economics of the U.S., that never existed before.  And Team Trump are right now positioning their energy trade race to lap all competitors.

Remember, we’ve already passed “independence”, we lapped it.  Now we’re competing for the lead inside a race where we are already a lap ahead of our competition…

That’s one of the reasons why Germany’s Angela Merkel is lashing out.

Remember #1:

” REUTERS – Germany’s powerful car industry said Europe would need to reassess its environmental standards to remain competitive after the United States said it would withdraw from the Paris climate pact.”

Remember #2:

REUTERS – Investors with more than $15 trillion of assets under management urged governments led by the United States to implement the Paris climate accord to fight climate change despite U.S. President Donald Trump’s threats to pull out.

“As long-term institutional investors, we believe that the mitigation of climate change is essential for the safeguarding of our investments,” according to the letter signed by 214 institutional investors and published on Monday.

“We urge all nations to stand by their commitments to the Agreement,” it said. Signatories of the letter included the California Public Employees Retirement System and other pension funds from Sweden to Australia.  (read more)

President Trump was very smart about the long-term ramifications to the ‘Paris treaty’.  The heavily influenced industrialized nations committed themselves to this agreement and anchored their economic manufacturing base within a tiered system of ridiculously burdensome regulations and agreements.

India, China and S.E.A.N.  (Southeast Asian Nations) were essentially exempt from the worst economic energy restrictions within the treaty.

The strategic benefit to the United States stems from not participating in the regulatory stranglehold that accompanies the agreement. Obviously all nations that compete with the U.S on international trade agreements would, for once, be at a disadvantage; and we have just made energy an export commodity within the trade equation.

This is in addition to American manufacturing and our industrial base now being able to take strategic advantage.  In larger terms Trump’s refocused policy objectives remove the political benefit from Wall Street and places it back with Main Street, reversing a three decade long shift. This approach is adverse to the interests of the globalists.

President Trump’s economic team are well aware of the strategic advantage is walking away from the Paris Climate Treaty. Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer and their entire economic team know what is needed to reverse the decades long construct and defeat the interests of the global elites.

The primary concern for every multinational corporation and multinational band surrounds economics, not climate.  “Climate” issues were/are the Trojan horse, the false ruse, the talking point, the scheme to get economic systems in place -yes, political systems- to control the distributive flow of larger economic wealth within all nations.  Period.

What ObamaCare was to our loss of healthcare individualism, so too was the Paris Treaty a political tool to deconstruct America’s national economic individualism.  FULL-STOP.

To understand the larger objectives of the global and financial elite it is important to understand the three-decade global financial construct they seek to protect. Global financial exploitation of national markets:

♦Multinational corporations purchase controlling interests in various national elements of developed industrial western nations.
♦The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks.
♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).
♦With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

The ‘America First’ Trump-Trade Doctrine upsets the entire construct of this multinational export/control dynamic.  Team Trump focuses exclusively on bilateral trade deals with specific policy only looking out for the national interests of the United States.

Under President Trump’s Trade positions exfiltration of U.S. national wealth is essentially stopped.  This puts the multinational corporations, globalists who previously took a stake-hold in the U.S. economy with intention to export the wealth, in a position of holding interest of an asset they can no longer exploit.

If you can see the ramifications, and can grasp the inherent anger, you can begin to understand the severity of the opposition to President Trump.

Multinational corporations and billionaire financiers used climate change, the energy sector control mechanism, as a tool toward furtherance of global wealth collection and redistribution that they control.

It’s not a conspiracy, it’s just the way global financial markets, driven by global financial interests, work.   The top-tier strategy is quite simple, and has been played out for several cycles at various points in the modern economic life-cycle.  Create an institutional trade instrument (housing/bond financial bubble example), control it, drive the pricing to an apex and reap the financial rewards.

Their expressed holy grail for human control is a global tax on all people more commonly known as a “carbon-trading tax”.  A planetary tax on personage, behavior and activity, through a market-based trade vehicle (Paris Agreement), which they exclusively control; and which subverts the national economic interests of sovereign nations.

The “Carbon Trading” fundamental financial instrument is the foundational block of the financial interests behind modern climate change.  The latest exhibition of a decades long series of international construct was the Paris Climate Change agreement.

President Donald Trump is deconstructing this entire decades-long institutional system of control. There are trillions at stake and the efforts of entire generations of billionaire left-wing elites on the line.

This is why those same global elites worked diligently to install French President Emmanuel Macron; and this is why Macron’s boss, Germany’s Angela Merkel, is so angry.

Jul 1 2017

Video: Never Accept Ugliness as a Form of Beauty…


Re-Posted from The Conservative Tree House on July 1, 2017 by

This is a really well put together video by Paul Watson of Info Wars, talking about how modern architecture is yet another victim to the social engineering of the Fabian Socialists.

It’s fifteen minutes long but with well constructed segments to back up a solid argument that social outcomes are driven in part by the ideology of those who create the environmental space. Nicely presented, albeit rather disquieting to contemplate upon.

The Fabian Window.  “Remould it closer to your hearts desire”...

Jul 1 2017

Illinois on Brink of Default


Armstrong Economics Blog/Pension Crisis

Re-Posted Jul 1, 2017 by Martin Armstrong

While politicians always talk about the poor and the needy, they never talk about how their own pensions are breaking the bank and come before everything else. It’s always the poor, which is the lead to raising taxes. So here you have a politicians pleading with the people to tell their representative end the impasse and raise my taxes for the poor – without mentioning the core of the crisis – pensions.