WOW – DNC Chair Debbie Wasserman Schultz Launches Attack On Bernie Sanders Supporters (video)…


DWS is a flaming idiot attorney so why would anyone believe anything that she said.

Up – Down – Sideways? What is Going On?


DJIND-D 5-18-2016

Of course, the markets have been causing losses among the bulls as well as the bears. This is what they do and MUST do before they can actually make a decisive move of the nature we are looking at ahead. It becomes rather amusing to watch the so called professionals end up constantly wrong so they start bruding and proclaiming this feels like 2000 or 2007 before the crash. Are they right? Or are they just angry because they lack the skills to forecast?

Nevertheless, our proprietary Golden Rule of the 3 Attempts (TM) is a very important tool to comprehend. (details will be at the Technical Training Course).

DJIND-2000-HIGH-W

Well, let’s look at 2000 from the Dow perspective. The 2000 high was a Phase Transition in the NASDAQ DOT.COM Bubble. When we look at the Dow, we still see a high, but it is more of a declining sideways pattern. There were three failed attempts to make new highs but each was lower than the previous in compliance with our Golden Rule of the 3 Attempts (TM). This by no means appears even similar to the current pattern.

DJIND-W 5-17-2016

When we compare this to the current pattern pictured here, we see that the third thrust broke through the channel and made a higher high. This is not showing long-term weakness. We have a different trading pattern going on here one designed to create confusion and get the MAJORITY on the wrong side to enable a Phase Transition to even unfold. To revisit key support, the Dow must now close back below 17120 and then we will get a correction.

DJIND-2007-HIGH-W

Here is the 2007 high. Again we see our Golden Rule of the 3 Attempts (TM) to rally but each one was significantly lower with new lows each time. This patterns warned of C R A S H & WATERFALL EVENT was in motion. This reflects a clear bearish pattern with lower highs and lower lows.

DJIND-M 1965-1985

Now, look at how a market knocks on the door three times before it breaks out. This is just one of our technical rules we call the Golden Rule of the 3 Attempts (TM). No doubt other analysts will quickly plagiarize this and call it their own and you will then see who is a real analyst and who is fake. Still, even the 1966 rally, which was the Mutual Fund Bubble, and the 1968 rally when Bretton Woods started to crack, were the initial attempts to break 1,000. Then we had the 3 attempts which did exceed 1,000 before the breakout began with the beginning of this Private Wave. Note also that while gold rallied from $34 in 1970 to almost $200 by 1974, the Dow rallied and broke through the 1,000 level for the first time. They did not move in opposite directions.

Dow-Bonds

So to those who keep yelling the market will crash to 10 cents on the dollar, all I can say is I suppose that means people will buy bonds at -10% interest rates just to park money? If what they are yelling is even possible, then interest rates must move lower and big money is willing to lose it all just to park money. I am sorry. I just do not understand such logic. This is normally the type of nonsense you get from people who want to pretend to be an analyst but have no experience in the field so they lack any comprehension of the moving parts. To create a stock market crash we need confidence to rise in government. Excuse me. Anyone hear of Donald Trump? Confidence in government is declining rapidly, not rising.

Dow-Bonds-1981

And as for the dire prognostications that the stock market will crash because the Fed will raise rates, this only once again demonstrates such people are not analysts at all for they have nothing original to add to the debate. I traded that rate hike under Paul Volcker into 1981. With each rate hike the market declined true, then rebound. The final hike in 1981 was a real lesson for the market rallied. It did not even decline. When they took place, I knew the ECM was correct and we peaked in rates right then and there.

So sure, we should expect the market will drop when the Fed raises rates. Fools will be easily separated from their money. This is why there are fools in the world. Every species is serves a purpose as energy in the food chain for the next one up in the food chain. Trading markets amounts to the same process. We always need the person on the opposite side.

Rising US rates will be inevitable. This will drive the dollar higher, fuel the debt meltdown, and when the capital inflows push US assets higher, the Fed will be compelled to raise rates further to stop the speculation because that is pure Keynesianism that does not work, but hey, what else do they have to do.

Prosecutors have More Power than Judges


D.C._Court_of_Appeals

In a Washington DC Court of Appeals decision United States v. Fokker Services B.V., a Dutch aerospace firm accused of making more than 1,000 illegal shipments of parts and components to Iran and other sanctioned countries from 2005 to 2010, the Executive Branch was handed dictatorial powers last month. It held that Federal judges have no authority to “second-guess” the discretion of federal prosecutors to cut deals with companies under criminal investigation. This was a unanimous ruling handing unimaginable power to the Justice Department which claims discretion to obey the law. This is why Hillary can escape prosecution because the government can deny equal protection of the law to its citizens be prosecution some people and not others for the very same offense.

The U.S. Court of Appeals for the D.C. held that the Justice Department may engage in the often-controversial deals it uses to punish large companies without leaving the scar of a criminal conviction that might threaten their existence when it comes to things like a banking license. These deals are called “Deferred Prosecution Agreements” which allow companies to avoid criminal prosecution by paying a fine and submitting to certain conditions for a period of probation, after accepting responsibility for wrongdoing. Of course, who becomes the probation officer? Former US attorney’s such as Ashcroft who gets tens of millions of dollars in return for no criminal prosecution. Yes, NJ governor Chris Christie when he was a federal prosecutor, did such a deal where the company had to pay  $52 million to John Ashcroft former US Attorney General to monitor a firm in New Jersey. These types of deals are rotten to the core and for the US Court of Appeals to rule judges have no power to object, is handing prosecutors the ultimate blackmail card of all time.

The “discretion” in legal terms has been transformed into exactly what it was not suppose to be. The Supreme Court explained back in 1824 in the landmark case:

Osborn v. Bank of the United States
22 U.S. 738 (1824)

“When they are said to exercise a discretion, it is a mere legal discretion, a discretion to be exercised in discerning the course prescribed by law; and, when that is discerned, it is the duty of the court to follow it. Judicial power is never exercised for the purpose of giving effect to the will of the judge, always for the purpose of giving effect to the will of the legislature; or, in other words, to the will of the law.”

id/22 US 866

When the President of the United States takes office, he takes his oath of office which has just become word they babble any more.

“Before he enter on the Execution of his Office, he shall take the following Oath or Affirmation: — “I do solemnly swear (or affirm) that I will faithfully execute the Office of President of the United States, and will to the best of my Ability, preserve, protect and defend the Constitution of the United States.”

ARTICLE II, SECTION 1, CLAUSE 8

Nowhere within this oath is there the word “discretion” to execute what laws he likes or against only people he dislikes. This decision effectively nullifies that oath entirely and declares to the entire world to see that there is no rule of law, for the President and everything within the executive branch has the discretion to enforce the laws created by Congress. That bluntly means that the people have absolutely no say whatsoever in government for they pretend to elect “representatives” who can legislate but the President need not listen. Here is Congressional powers defined in the Constitution “To make all Laws which shall be necessary”. None of this means anything if the President has the “discretion” to enforce what laws he agrees with. That is a dictatorship and tyranny.


 

Section. 8.

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

To borrow Money on the credit of the United States;

To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;

To establish Post Offices and post Roads;

To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;

To constitute Tribunals inferior to the supreme Court;

To define and punish Piracies and Felonies committed on the high Seas, and Offences against the Law of Nations;

To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water;

To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;

To provide and maintain a Navy;

To make Rules for the Government and Regulation of the land and naval Forces;

To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;

To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress;

To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, by Cession of particular States, and the Acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be, for the Erection of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings;—And

To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.

The Sixty Three Hundred Billion Dollar Question…


Its always about the money — nothing else matters for when you have LOTS of it you can buy anything that you desire. Politicians take care of making sure that they get as much as they can and over the past 20 years they have take so much that they have destroyed the country; and all it took was to throw a few penny’s to the masses while they all became multi-Billionaires!

Paul Ryan Challenger Paul Nehlen Discusses Trans-Pacific Trade Partnership…


That Time When MSNBC’s Dylan Ratigan Inadvertently Made The Case for Donald Trump (video)…


The Death of the Euro is almost here!


Euro-Sinking

At last year’s WEC, we warned that the collapse of the euro was underway. We achieved the Yearly Bearish Reversal on the close of 2015, but we did so far below the number. We had been waiting for the rally to retest the 11600 level, which we finally achieved. The ECB monetary policy has been typical banker nonsense and has brought Europe closer to a major financial crash. Draghi has applied the unsupported quantity of money theory and assumes he will simply buy in the debt and the cash will miraculously be spent wildly by consumers. Trading volumes and the velocity of money have been falling in general since 1996-1998. The low to negative interest rate policy of the ECB has endangered pensions and ailing banks, and this is just now beginning to push pensions and banks over the edge. Draghai will not admit he is wrong, so he will blame everyone other than himself.

Meltdown

We are looking at a complete global financial meltdown of the world financial system, which we will focus on at this year’s WEC. The construct of the common European currency is no longer sustainable. A completely new monetary system will be introduced as early as 2018. The fiscal mismanagement of government perpetually borrowing money they have no intention to pay back threatens a complete collapse of the world financial system.

Point of No Return

The survivability of the euro has now crossed the point of no return. A daily closing in the cash euro back below 11215 will warn that the high of May could stand as the end of the reaction from the March 2015 low. A monthly closing back below 10520 level would signal that the collapse is underway.

At this year’s WEC, we will be focusing on the pension crisis, sovereign debt crisis, rising pressures for separatist movements, civil wars, and financial chaos. When will it end? We will explain how to recognize it from the signs of the past.

 

German Polls Show 2/3 Have Had Enough of Merkel


Merkel-Good Bye'

The lastest polls show that 2/3 of the German population have had enough of Merkel. I have warned that 2017 is the political year from hell. We have the BREXIT this June, the USA presidential election (Trump v Hillary), Holland in France, and Merkel in Germany. These are the four big elections we have to pay attention to. The German polls clearly show that the German people are rejecting Merkel as their leader. Currently, the majority cannot see how Merkel will remain Chancellor after the election in 2017. The age group that is really fed up with Merkel are in the 45 to 54 age bracket. The polls are showing that the lower the income and the lower the level of education, the higher the rejection of Merkel as Chancellor. This is exactly on time. We are facing a global political crisis on the 86 anniversary of 1933, the year FDR and Hitler came to power.

The Confessions of Congressman X


Confessions of Congressman X

A new book confirms what I have been reporting on behind the curtain. This is a devastating inside look at the dark side of Congress that shows why career politicians need to come to an end. This is written by one of its own, anonymously entitled “The Confession of Congressman X.” His admissions are dark and stunning, yet you can bet the mainstream media will ignore it for they are part of the game. This is what he has to say:

  • “Most of my colleagues are dishonest career politicians who revel in the power and special-interest money that’s lavished upon them.”
  • “My main job is to keep my job, to get reelected. It takes precedence over everything.”
  • “Fundraising is so time consuming I seldom read any bills I vote on. Like many of my colleagues, I don’t know how the legislation will be implemented, or what it’ll cost.”

As for the voters, he also explains:

  • “The average man on the street actually thinks he influences how I vote. Unless it’s a hot-button issue, his thoughts are generally meaningless. I’ll politely listen, but I follow the money.”
  • “Voters are incredibly ignorant and know little about our form of government and how it works.”
  • “It’s far easier than you think to manipulate a nation of naive, self-absorbed sheep who crave instant gratification.”

Welcome to the decline and fall of Western civilization. The end of our Republican form of government lurks between the words. As Margaret Thatcher said to me, “It’s just time.”

List of Attendees for Zuckerberg’s Facebook Meeting are all Members of #NeverTrump Movement…


Glen Beck has really turned into a clown and the rest listed here and that follow him and are going to this meeting are not much better.