Tag Archives: TPP

Apr 13 2016

The World Economy is Closing In Thanks to Merkel


Armstrong Economics Blog

Re-Posted Apr 12, 2016 by Martin Armstrong

Mother-Merkel

Merkel-Welcome

Sometimes the brain-dead decision of one person can set off a contagion that sweeps the world. Merkel’s open invitation to the Muslim, pretend refugees has been tearing Europe apart. The majority are not even from Syria. European states will raise their borders and require a passport because so many of these Muslim “refugees” are unaccounted for, especially after the Brussels attack.

Ted Cruz had to respond to the rising support for Trump over this immigration issue, as it is also becoming the main focus in Britain. Cruz said Trump cannot block Muslims, so he proposed the politically correct version: all Europeans must get a visa to enter the USA. Now Europe is responding as nations always do and the European Union (EU) is currently considering requiring U.S. citizens and Canadians to apply for visas before visiting the country of their choice, even if it’s for a short vacation. Currently, visitors to the U.S. from Poland, Croatia, Cyprus, Bulgaria, and Romania all need a visa. Romanians and Bulgarians also need visas for Canada. The European Commission claims it is trying to achieve a full visa waiver for all member states, but in reality, this is a standard response to Cruz’s statement that he would introduce legislation to impose a visa requirement on all Europeans. The fear is that the Muslims who are interested in terrorism can get into the USA easily via Europe because of what Merkel has done. So we face the problem of closing borders within the EU because the refugees will spread, and that, unfortunately, becomes only logical. It does not appear to be reversible.

Apr 12 2016

Moonbat Action Has Real Life Consequences – University of Missouri Enrollment Collapses…


Why would anyone actually want to go to college today as when you graduate you will not get a job it will go to a illegal alien a migrant or someone with a visa that will work for a low wage.

Apr 12 2016

The Catastrophic Mismanagement of the Economy & The Coming Meltdown


Armstrong Economics Blog

Re-Posted Apr 11, 2016 by Martin Armstrong

Draghi Schauble

Cover-Pension CrisisWe are finishing up the Pension Crisis – The Next Nightmare, which is a special report outlining the next global meltdown.  Germany’s Federal Finance Minister Schaeuble is now openly blaming Mario Draghi for the electoral success of the AFD in Germany, which is the Alternative for Germany (In German: Alternative für Deutschland, AfD). The AFD is a right-wing populist party which is also the Eurosceptic political party in Germany. The ALF has risen from 0% to nearly 40% in about 2 years.

Additionally, Schaeuble seems to be rumbling that the ECB is creating a huge problem with negative interest rates because if the ECB does not change its monetary policy radically and soon, Germany will be engulfed in its own major Pension Crisis. We may see central banks will be forced to raise rates to now try to bail out pension funds. This has nothing to do with the economic trends.

The Pension Crisis is becoming a real nightmare for federal and state budgets are now dependent upon exceptionally low interest rates while pension funds are going bankrupt. Raising rates to help the pension funds wipes out government budgets. This entire idea of Keynesian Economics that government is capable of managing the economy by raising and lower interest rates is a complete disaster. These people are incapable of even forecasting the economy as former Secretary of the Treasury Larry Summers has openly admitted to Bloomberg TV. Those who think they are endowed with magical power to manipulate society have created a complete mess and they are too brain-dead to realize the consequences are devastating. Our computer is extremely bearish on government. The turning point 2015.75 was the PEAK IN GOVERNMENT. Ever since that turning point, we have begun the downhill move destine to collapse into January 2020 (2020.05).

Apr 12 2016

US Airlines — the Unfriendly Skies


Armstrong Economics Blog

Re-Posted Apr 11, 2016 by Martin Armstrong

airplane-flying

Airlines in the United States, including Delta, American, and United, are engaging in outright criminal behavior under the anti-trust laws. They charge a $200 fee to change a ticket, even if the ticket itself costs $200, and if you complain they respond by saying that all of the airlines charge the same fee. That proves that they are violating the anti-trust laws for they are not competing. Instead, they have all agreed to treat their passengers as victims.

Granted, the airlines had a bad decade after the terrorist attacks of September 11, 2001. Terrorism fears, security costs, and rising fuel prices along with hidden taxes caused revenues to decline and some U.S. carriers were even forced into bankruptcy. The airlines have tried to improve their situation by screwing their passengers to the point that it’s just unpleasant to fly on them anymore. Personally, I never use American carriers overseas anymore as they nickel and dime customers in ways big and small. I even bought a first-class ticket domestically in case I had to change it, but I later found out that only applies internationally. So, no matter what class you fly, they will screw you and leave a bad taste in your mouth. These policies do not inspire loyal customers.

Abusive bag fees and refusing to provide refunds, even when they resell the seat at double the revenue, would be fraud in any other industry. The airlines in America have been ramping up federal lobbying efforts on a grand scale. The airlines, like the bankers, buy both sides, and in doing so, exempt themselves from anti-trust prosecution. The airlines are following the course of the bankers — just buy Congress and you get to do anything.

Apr 11 2016

Charlie LeDuff Video Highlights the GOP Disconnect via Vichy Republicanism at National Review…


This video is it — all that is wrong in a nut shell 6 minutes long — The elites have sold us down the river only so they could put a few dollars in their pockets. Well despite what they think; we know a lot more than they will ever know and the time has come to throw the bums out.

This post will show you what they have done to us.

This is what 25 years of Democrat and Republican rule has given us

Apr 11 2016

New Bill to Collect Taxes Outlawing Encryption


Armstrong Economics Blog

Re Posted Apr 11, 2016 by Martin Armstrong

Encryprion Bill

Those in power are simply liars. Why we elect such people is beyond me. We simply cannot afford career politicians because they will ALWAYS divide between themselves and the people. NO REPUBLIC has ever resisted converting into an oligarchy. It just does not work. I reported that Obama slipped and actually said the truth by mistake. In the case against Apple, he said if they government could not break into a phone then EVERY American had a Swiss Bank Account in their phone. This is not about terrorism. It is the hunt for money and their mismanagement of the economy.

Here is the proposed bill to outlaw encryption (encryption-bill-discussion-draft). While this is still in draft version, it demonstrates that it is them against us. Passage of this bill will DESTROY the world economy because of their greed. Outlawing encryption will end the ability to pay online. Whatever the government can gain access to, so will hackers.

Apr 11 2016

How Politicians Justify Denying the People the Right to Vote


Armstrong Economic Blog

Re-Posted Apr 11, 2016 by Martin Armstrong

Harms Rebecca

In the wake of the Dutch vote against allowing Ukraine into the EU, SPIEGEL is reporting the arrogance of EU ministers who criticize even allowing the people to vote. This is why I say they regard the people as simply the Great Unwashed who are simply beneath their level of intelligence to bother listening to. The leader of the Greens in the European Parliament, Rebecca Harms, explained why she and most in the EU Parliament are opposed any form of direct democracy allowing the people to vote. She says this would only come at the expense of Europe and will “jeopardize” the EU, which is their federalization dream. Her remarks make it very clear why Britain should exit or surrender their sovereignty.

Harms goes on to say that only 18% of the Dutch population turned out so they should be basically just ignored. The point is enough turned out in a non-binding referendum because they were passionate about the issue. Effectively, this is how government becomes disconnected from the people which historically leads to revolution. This also reflects their stubbornness to even remotely consider that just perhaps their idea of a federalized Europe does not work. Their policy of allowing in millions of Muslims is also at the heart of the Dutch referendum. That of course is not considered.

These comments are the justification for staying the course. There is nothing to prevent the crash and burn for that is the only time such people can be reversed by throwing them out of office. Politicians will NEVER even consider that their course of action is wrong. They will follow that course on any subject to the absolute end no matter what. Those is government operate the same way. Politicians, judges, and prosecutors, all maintain the position that they are NEVER wrong. Nobody will admit a mistake for the fear that would justify losing power. Hence, the crash and burn becomes the only possible outcome.

Apr 11 2016

Call for Cameron to Resign over Panama Papers!


Armstrong Economic Blog

Re-Posted Apr 11, 2016 by Martin Armstrong

Cameron

The revelation that David Cameron’s father had offshore accounts through Panama has continued to plague Cameron and it could have a tipping nudge come the BREXIT vote in June. Cameron has responded to the building criticism: “I know that I should have handled this better, I could have handled this better. I know there are lessons to learn and I will learn them.” Yet many are starting to blame the Conservatives for protecting the rich while ratcheting up taxes on everyone else.

Cameron Demonstrations

Meanwhile, the protests in Britain are growing with many asking why is he still there after the resignation in Iceland. This may very well influence the BREXIT vote in June. Time will tell.

Apr 9 2016

Snap Elections In Sweden Bring Islamic Jihad Party Government To Power


Sadly the events described here are about to happen in the not to distant future; and by then it will be way to late.

Diversity Chronicle's avatarDiversity Chronicle

Muslims

By Ray Charleston

Last week the world saw an exciting new development as Sweden was declared an Islamic nation under Sharia law. For those who may have missed the news, over the last several years more and more Muslim refugees have been peacefully migrating to Sweden in search of a better life. Last month Islamic Jihad Party leaders demanded snap elections, after polling indicated that a majority of Swedish Muslims favoured a new government based on Islamic law, and disapproved of Sweden’s former secular, and largely white government.

Islamophobic extremists and conservative reactionaries are predictably throwing an intolerant tantrum. They ask how Sweden can become an Islamic nation. Well, the answer is simple; most Swedes want Sweden to be Islamic. The decision was made democratically! The majority of Swedes are Muslims! The majority of Swedes are from the Middle East, and they want a government that represents them! If you…

View original post 983 more words

Apr 9 2016

Millionaires are Migrating to the USA


Armstrong Economics Blog

Re-Posted Apr 8, 2016 by Martin Armstrong

Migration to USA

The United States of America is emerging as a top tax haven after beating Switzerland, the Cayman Islands, and Panama. You can have secrecy in the USA and states such as Delaware, Nevada, South Dakota, and Wyoming are now competing with each other to provide foreigners with the secrecy they need. However, many are now just migrating to the States. Some 3,000 millionaires from Greece; 10,000 millionaires from France; 6,000 millionaires from Italy; 2,000 millionaires from Spain, and about 2,000 millionaires from Russia have all migrated to the USA. The trend is picking up momentum as tensions between Muslims and Christians rise throughout Europe. After the revelation of the Panama Papers, in which Americans were named the least, the trend is now picking up speed.