Tag Archives: TPP

Jul 15 2016

Lynch is Clearly Compromised by Comey


Armstrong Economics Blog

Re-Posted Jul 15, 2016 by Martin Armstrong

Lynch Loretta - R

What is beginning to surface is that there has been a rift between Comey and the Obama Administration. Lynch is refusing to answer any question into Hillary’s emails before the House Judicial Committee. She claims it would be “inappropriate” for her to answer and tells them to talk to Comey. She said, “As attorney general, I am not able to provide any further comment on the facts or the substance of the investigation.” Since she has declined to indict Hillary, there is no longer an investigation. Even under the Freedom of Information Act, she must comply.

Lynch avoided every possible question. She managed to frustrate the committee like no other Attorney General in history. One member even said he missed Eric Holder. One member asked her, “Driving down the road, speed limit says 55, I’m doing 65. Have I broke the law?” Her arrogant reply was, “You would have to ask the Highway Patrol.” If she cannot answer even that question, she should be impeached from her position.

This is starting to demonstrate that Comey did not inform Lynch or Obama that he was going to air all the evidence and then claim no recommendation, because even if he did recommend an indictment, Lynch would never go against party politics. It is becoming clear that Comey aired the evidence because he knew that Lynch would never release anything and then point to his recommendation of no indictment. Comey was pulling a cover-your-ass move.

Lynch should be impeached, sanctioned, dismissed from her post and held in contempt of Congress.

Jul 14 2016

Rating Agencies Downgrade 24 Counties


Armstrong Econmics Blog

Re-Posted Jul 14, 2016 by Martin Armstrong

BIG BANG ECM 2015.75

The three main credit rating agencies have been downgrading government debt at an alarming rate, which confirms our computer models, albeit a tad late. The first half of 2016 has seen more sovereign downgrades since the crash of 2009. The first six months of last year saw Moody’s downgrade 24 governments, Standard & Poor’s 16 governments, and Fitch 14. This has included Saudi Arabia and Brazil.

Jul 13 2016

Firewall with Bill Whittle: ‘Is Hillary Guilty?’


July 13, 2016

In his latest Firewall video Bill Whittle asks the question is Hillary Guilty? That is a rhetorical question of course but he goes on to explain why both she and Barack Obama do not care that she is guilty or that you know she is guilty. What they do know is there is no one in Washington that will stand up to either of them, so it just doesn’t matter what you thing.

Jul 13 2016

Minnesota Police Chief: Ms. Diamond Reynolds Claims Do Not Match Reality…


Not to diminish what happened here but it seems that Ms Diamond has learned from Hillary that the truth doesn’t matter just make up a story and the media will eat up, if it fits the agenda they want to promote. We have seen this kind of story telling for several years now, especially as uncovered here in the tree house house, and its now to the point that it’s hard to say it’s not intentional.

Jul 13 2016

The 2015.75 Crisis Moving into 2020.05


Armstrong Economics Blog

Re-Posted Jul 13, 2016 by Martin Armstrong

Crisis

The world financial crisis that is unfolding post-2015.75 is different from that which followed the 2007.15 peak in the ECM. As stated countless times, each event is a crisis in a different sector. The 2007.15 crisis was the over-leverage in real estate that the bankers created. This time, we are looking at the demise of governments. Under normal conditions, bond prices would be falling with interest rates in the public sector rising. We still see this unfolding in the peripheral markets. The markets where central banks have been buying government bonds to try to stimulate the economy has utterly failed and created a crisis beyond contemplation. We are looking at the collapse of government’s ability to issue debt as we move forward into this cycle. The only buying will be central banks at the end of the day – totally insane.

Bailout-R

The Sovereign Debt Crisis of the 1840s was the demise of the states, thanks to Andrew Jackson shutting down the Bank of the United States. This led to a banking crisis with individual states trying to support their banks. Because the states could not create money. The states issued debt to bailout the banks, but the crisis was far too massive, and as a result, the banks took down the state governments, which had no choice but to permanently default on their debt. This time, governments are trying bail-ins and this is causing confidence to collapse. Why should people trust banks at all? Once they hoard cash; that is it. The velocity of money implodes and you end up with an economic depression.

Draghai Euro CrisisTo answer all the questions about whether this will be covered at the World Economic Conference — of course. And to answer why we did not hold one in Berlin, yes, our models were warning about significant civil unrest in Europe as a consequence of the complete fiscal mismanagement of the ECB. It appears that the negative interest rates are totally insane. This is the complete incompetence of those who think they know how to manipulate society from Larry Summers to Mario Draghi.

These people will never admit a fatal mistake. Thus, we have to stand by and what Rome burn.

Jul 13 2016

Justice Ruth Bader Ginsburg Intensifies Personal Attacks Against Donald Trump….


Ginsburg is infected with the very thing she claims Trump has only she has it wrong she is the one that is “full of her self ” as we used to say while Trump has a more realistic view of his abilities. That may seem like an odd statement to make given the narrative being promoted but its the difference between confidence and arrogance. How can you dell the difference well look at Trumps crowds, the “real” people can tell!

Jul 12 2016

German Fear of Inflation is Causing Collapse of Europe


Armstrong Economics Blog

Re-Posted Jul 12, 2016 by Martin Armstrong

German Hyperinflation Wheelborrow

Germany’s obsession with anti-inflation policies inspired by the Hyperinflation of the 1920s is so misguided that it is not threatening to collapse all of Europe. Former ECB banker Lorenzo Bini Smaghi has now even called to rescue the Italian banks with European taxpayers’ money. He is correct in warning that the insistence of Germany on the prohibition of state funding bailouts could evolve into a threat to the entire European financial system. The ECB is desperately trying to support the euro, but a strong currency only promotes deflation – not recovery.

German 1918 Revolution

The German hypeinflation was the result of a collapse in confidence because of the 1918 Communist revolution in Germany. Nobody would lend the government money after they invited the Russian communists to take over Germany. This had NOTHING to do with printing money. That was the result of the collapse in confidence, not the original cause.

This misguided interpretation of the German hyperinflation is causing the exact same response. People are hoarding cash, not investment, and banks are collapsing. Deutsche Bank says it need 150 billion euros. This is a full blown sovereign debt crisis that will tear Europe apart. Negative interest rates are accelerating the process.

Jul 12 2016

Giuliani says Comey Disgraceful


Armstrong Economics Blog

Re-Posted Jul 12, 2016 by Martin Armstrong

Rudy Giuliani.jpg

Most of the people I have spoken to in the legal community are shocked that Comey did not indict Hillary. Comey clearly manipulated statutes by pretending that intent was required and claiming he could not prove intent, even though that is regularly enough to hand any jury to demand a conviction. The rest of us are treated far differently. In a fraud case, they put on lifestyle issues to prove intent. They show how much you spent and then play on the jury’s perception of the rich to say, “See! You must have had intent to support your lifestyle.” That is all they need to do to show intent to a jury.

Rudy Giuliani, the famous prosecutor who took down Michael Milkin and John Gotti and later became NYC mayor, came out and said “it’s mind boggling” what Comey did while appearing on Fox Business Network’s “Mornings with Maria.” Giuliani when further saying that Comey manipulated statutes covering the handling of national security information. “The director of the FBI made a really wrong decision, completely incorrect, and gave people a completely wrong impression of how you prove intent. And then ignored the two statutes that don’t require intent and gave no explanation of why there would be no indictment on those statutes.”

Not only would no other government employee be treated in such a manner, but certainly no private citizen. We have 65 million Americans who have been charged with something, which is about 25% of the entire adult population. They have been treated ruthlessly with no such mercy for the smallest offense. There was an ex-Vietnam vet, who had a prior charge, who wore an empty shell on a necklace with the chain drilled through the casing to remind him of Vietnam. They prosecuted him and gave him five years in prison for a felony possession of ammunition, claiming he could repair the shell and then reload it. Where was such intent there?

This is all part of the collapse in government. The rule of law no longer means anything. The judges are more likely to be corrupt and rule only for the government. The hope of getting a fair trial is gone. The game is simply over and Comey has just proved that to the entire world. When the rule of law collapses, the viability of government comes to an end. Between police murdering people with no just cause to Hillary betraying the country to line her pockets through the pretend foundation that the Clintons started when they were broke, nothing decent remains to leave our children. This is simply going from bad to worse.

Jul 11 2016

ANONYMOUS


What ever the source this is excellent advise!

Jul 11 2016

George Bush Bails Out President Obama On Same Day Bernie Sanders Bails Out Hillary Clinton…


They call each other names in campaigns but in the end they are all the same — out for themselves and could care less about the people.