It doesn’t matter whether its the Democrats or the republicans they tax everything they can and then borrow as much as they can from the loan sharks. The end is now near!
Tag Archives: Trade Wars
GIVE ME! GIVE ME! GIVE ME! – Berlin: Chaotic handling of refugee influx
Germany is done bring all these people in will destroy Germany and that will end the EU.
The FED has created another bubble and its … YUGE
Financial Instability & the Fed
The argument that the Fed should do nothing for it will be harder to correct a rate rise than to do nothing because there is no bubble anywhere, demonstrates that we have the most serious BUBBLE in history. Retail participation in markets is still off by 50% from 2007 highs. People have invested in fixed income and now there is a crisis is fixed income hedge funds. The BUBBLE is is low interest rates (GOVERNMENT) rather than the markets. This is what our computer has been projecting for 2015.75. It is right before everyone’s eyes, yet they cannot articulate what they cannot see.
The crisis has been created by the ZERO interest rates. This has wiped out the elderly and destroyed the so called American Dream. The middle class has been collapsing for government taxes them under the pretense that Social Security is a savings for their future. when in fact it is just a tax. If that money had been invested in equities when the down was 1,000, there would be no crisis today. Pension have have chased long-term rates driving them lower and lower trying to meet their future obligations.
China poured more concrete in 3 years than the USA did in nearly a century. This has driven the commodity markets and that has come to an end. China thus is blamed for the slow down and for the decline in its currency they call a war and manipulation. The trend has simply changed.
Combining these elements does not speak well of the future. The FED is between a rock and a hard place. It will be blamed no matter it does. Nobody seems to understand the dynamics of the trend in motion.
The people of Poland have it right the EU is dead!
Why Europe Will Collapse: Schultz’s Outrage at Poland
A huge protest against the Europe Union has taken place in Poland. When I was there, everyone I spoke to was against joining the euro. They all said that the euro would destroy Poland as it did in Greece and the rest of Southern Europe. European Parliament President Martin Schulz (SPD) has said that the protests in Poland have a “coup-character” because they are realistic and against the policies of Brussels, whom refuses to review or admit that the euro has been a complete disaster for Europe as a whole.
Poland has responded with indignation, making it clear that the people have a democratic right and have acted within the rule of law. Prime Minister Beata Szydlo demanded on Monday for an apology from Schulz for his statement. But Luxemburg’s Foreign Minister Jean Asselborn warned on behalf of the EU presidency that independence of the judiciary and the media in Poland is threatened. Indeed, the threat to any democratic right comes from Brussels.
Schulz said on German radio that “right-wing populists” are the greatest threat when they argue against his policies and take government into their own hands to accuse external forces to interfere in the internal politics of their country. These comments from Schultz are dictatorial in nature, as they say that anyone who disagrees with the federalization of Europe going into the hands of Brussels is a threat. A threat to what — freedom? There is no hope of trying to reason in Brussels. This is beyond hope. We must crash and burn until the end for they will NEVER admit the slightest error in their ideas.
This is statement on Austria is a very a real possibility!
Austria — It Started the Collapse in Great Depression. Will It Do so Again?
In 1931, the sovereign debt crisis and banking system collapse began in Austria with the failure of Credit Anstalt, which was partly owned by the Rothschilds. The bank was forced to absorb another bank and a secret loan was created in London off the books to hide the insolvency to do the merger for political purposes. When that failed to be enough, the whole scam was exposed and a CONTAGION spread as people wondered what government had manipulated behind the curtain.
Now the International Monetary Fund (IMF) has come out and stated that Austria’s banks need to increase their capital buffers urgently. The capital buffers in Austria are thin and cannot withstand a crisis. Furthermore, the banks are still active in politically and economically risky countries, which is typically carried out to increase profits. In reality, the IMF led to the loans granted by the banks in Swiss francs, which caused many borrowers to lose 30% when the peg broke. In some Eastern European countries, the potential losses by a state arranged forced conversion of Swiss franc into local currencies could be massive. This is being done because the borrowers now owe 30% more than what they borrowed due to currency risk. This situation will not magically evaporate for they are private loans.
The Austrian banks are typically banks engaged in RELATIONSHIP banking rather than TRANSACTIONAL. Therefore, they rely on customer deposits short-term and lend long-term. These are not big investment banks as in New York. They have lost a fortune because of the Swiss/euro peg collapse.
The three major banks are Erste Group, Raiffeisen Bank International (RBI), and UniCredit subsidiary Bank Austria. These are the biggest lenders in Eastern Europe as a whole who have gotten caught up in the currency nightmare. The RBI has recently announced their withdrawal from certain markets following a serious currency related loss that the bank has written in the past year for the first time. Bank Austria checked the sale of its branch business.
This coming banking crisis is all currency related. It is, of course, thanks to Brussels and their irresponsible design of the euro. Politics and economics do not go together. They will blame the bankers, but they will never blame government. Hence, this is why we can no longer afford career politicians for they will NEVER accept responsibility for screwing up the economy for political gain.
The Clintons are responsible for removing ALL restriction from the Great Depression upon the banks. They then eliminated the right to declare bankruptcy on student loans. Yet, the press will NEVER ask Hillary anything about that or the fact that her biggest contributors are the banks in NYC.
Watch this woman she is a future Leader
Le Pen Vows: “Nothing Can Stop Us”
leader!Marine Le Pen and her Front National (FN) Party did not win the Sunday elections. She replied: “Nothing can stop us.” Indeed, the cyclical trend in politics will turn ever more nationalistic as the EU continues to crumble from within. Le Pen will grow in force as the perception of a complete system failure by Brussels in every possible direction materializes. Politicians will NEVER admit a mistake. All they will ever do is become more DRACONIAN and attempt to force their desired outcome upon the world. That applies to Brussels, Washington, and every other country.
Evil vs. Indifference: The Truths That Donald Trump Has Exposed
RIGHT ON no more needs to be said!
Army Forces Command Overrides White House – Will Charge Bowe Bergdahl With Desertion…
Now this is a surprise — some general is going to loss his job over this. But that’s OK he has some balls which is good to see for a change from our military Generals!
DHS Agents Blocked By Secret U.S. Policy From Looking At Social Media For Visa Applicants…
The real reason was probably that Obama is a Muslim and he’s just trying to hide all the stuff he is doing to hurt the country.
Immigration and Our Founding Fathers’ Values
Post by Michelle Malkin | Friday Dec 11, 2015
President Obama claims that restricting immigration in order to protect national security is “offensive and contrary to American values.” No-limits liberals have attacked common-sense proposals for heightened visa scrutiny, profiling or immigration slowdowns as “un-American.”
America’s Founding Fathers, I submit, would vehemently disagree.
Our founders, as I’ve reminded readers repeatedly over the years, asserted their concerns publicly and routinely about the effects of indiscriminate mass immigration. They made it clear that the purpose of allowing foreigners into our fledgling nation was not to recruit millions of new voters or to secure permanent ruling majorities for their political parties. It was to preserve, protect and enhance the republic they put their lives on the line to establish.
In a 1790 House debate on naturalization, James Madison opined: “It is no doubt very desirable that we should hold out as many inducements as possible for the worthy part of mankind to come and settle amongst us, and throw their fortunes into a common lot with ours. But why is this desirable?”
No, not because “diversity” is our greatest value. No, not because Big Business needed cheap labor. And no, Madison asserted, “Not merely to swell the catalogue of people. No, sir, it is to increase the wealth and strength of the community; and those who acquire the rights of citizenship, without adding to the strength or wealth of the community are not the people we are in want of.”
Madison argued plainly that America should welcome the immigrant who could assimilate, but exclude the immigrant who could not readily “incorporate himself into our society.”
George Washington, in a letter to John Adams, similarly emphasized that immigrants should be absorbed into American life so that “by an intermixture with our people, they, or their descendants, get assimilated to our customs, measures, laws: in a word soon become one people.”
Alexander Hamilton, relevant as ever today, wrote in 1802: “The safety of a republic depends essentially on the energy of a common national sentiment; on a uniformity of principles and habits; on the exemption of the citizens from foreign bias and prejudice; and on that love of country which will almost invariably be found to be closely connected with birth, education and family.”
Hamilton further warned that “The United States have already felt the evils of incorporating a large number of foreigners into their national mass; by promoting in different classes different predilections in favor of particular foreign nations, and antipathies against others, it has served very much to divide the community and to distract our councils. It has been often likely to compromise the interests of our own country in favor of another.”
He predicted, correctly, that “The permanent effect of such a policy will be, that in times of great public danger there will be always a numerous body of men, of whom there may be just grounds of distrust; the suspicion alone will weaken the strength of the nation, but their force may be actually employed in assisting an invader.”
The survival of the American republic, Hamilton maintained, depends upon “the preservation of a national spirit and a national character.” He asserted, “To admit foreigners indiscriminately to the rights of citizens the moment they put foot in our country would be nothing less than to admit the Grecian horse into the citadel of our liberty and sovereignty.”
On Thursday, a bipartisan majority of U.S. senators on the Senate Judiciary Committee adopted a stunningly radical amendment by Sen. Pat Leahy, D-Vt., to undermine the national interest in favor of suicidal political correctness. The measure would prevent the federal government from ever taking religion into account in immigration and entrance decisions “as such action would be contrary to the fundamental principles on which this Nation was founded.”
This pathway to a global right to migrate runs contrary to our founders’ intentions as well as decades of established immigration law. As Sen. Jeff Sessions, R-Ala., pointed out in a scathing speech opposing the Leahy amendment: “It is well settled that applicants don’t have the constitutional right or civil right to demand entry to the United States. … As leaders, we are to seek the advancement of the Public Interest. While billions of immigrants may benefit by moving to this country, this nation state has only one responsibility. We must decide if such an admission complies with our law and serves our national interest.”
Put simply, unrestricted open borders are unwise, unsafe and un-American. A country that doesn’t value its own citizens and sovereignty first won’t endure as a country for long.
