Nine American Women and Children Massacred by Mexican Drug Cartel, President Trump Offers U.S. Military Assistance to Mexican Government….


Last month the Mexican government backed-down from a drug cartel in Culiacan, releasing the two sons of drug lord El Chappo after the cartel overwhelmed the Mexican military during an attempted arrest.  The cartel defeated the Mexican military.

Today, three American mothers and six children (4 boys, 2 girls) were brutally murdered in northern Mexico by drug cartels prompting President Trump to offer military assistance to Mexican President Lopez-Obrador in the ongoing struggle against cartel violence.

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MEXICO CITY (Reuters) – Gunmen killed nine women and children in the bloodiest attack on Americans in Mexico for years, prompting U.S. President Donald Trump to offer to help the neighboring country wipe out drug cartels believed to be behind the ambush.

All nine people killed in Monday’s daytime attack at the border of Chihuahua and Sonora belonged to the Mexican-American LeBaron family, members of a breakaway Mormon community that settled in northern Mexico’s hills and plains decades ago.

A video posted on social media showed the charred and smoking remains of a vehicle riddled with bullet holes that was apparently carrying the victims on a dirt road when the attack occurred.

[…] A relative, Julian LeBaron, called the incident a massacre and said some family members were burned alive.

In a text message to Reuters he wrote that four boys, two girls and three women were killed. Several children who fled the attack were lost for hours in the countryside before being found, he said. He said it was unclear who carried out the attack.

[…] Trump tweeted that he would await a call from Lopez Obrador, urging him to accept U.S. assistance.

Lopez Obrador said he would call Trump on Tuesday about ways to cooperate on security but rejected what he called any foreign government intervention.

“I’ll speak with President Trump to thank him for his support, and to see if in cooperation agreements there’s the possibility of getting help,” he told a news conference. “I don’t think we need the intervention of a foreign government to deal with these cases,” he added.

[…] “War is irrational. We believe in peace,” said Lopez Obrador, a leftist who took office last December. (read more)

It’s starting to look like President Lopez-Obrador is a cartel manager.

Build the wall.

BREXIT – Live Decline & Fall of Western Society


Prime Minister Boris Johnson apologized on Sunday to Conservatives for failing to take the U.K. out of the European Union by Oct. 31st. Nigel Farage said he won’t personally run for a seat in Parliament. The plan to leave by Oct. 31st was blocked by the Remain crowd who refuse to accept any democratic process because they lost the vote. This is what is behind the decline and fall of western civilization. The losing crowd to any election is unwilling to ever accept a loss and move on. We have entered the second half of the Economic Confidence Model wave where governments simply lose all-purpose. The Remain crowd prevented a BREXIT without a divorce deal. They required Johnson to seek a BREXIT extension. The EU has granted a three-month Brexit extension until Jan. 31st, 2020.

Johnson has pushed for an early national election on Dec. 12th in which he hopes to get a more BREXIT-friendly Parliament. Nigel Farage has, in turn, pushed for his BREXIT Party to team up in a coalition with Johnson’s Conservatives for the December election. However, Johnson has so far refused the offer. That seems to be a wrong decision on Johnson’s part. This has resulted in Farage vowing that his party will contest every seat in England, Scotland and Wales against the Conservatives unless Johnson drops his BREXIT agreement, which Farage and his party believe is far worse than a no-deal BREXIT. Nigel told the BBC he will travel within Britain to support some 600 BREXIT Party candidates rather than by seeking a seat for himself. It is ironic that probably the best-qualified person to lead BREXIT is Farage, but he told the BBC: “I don’t want to be in politics for the rest of my life.”

Nigel Farage Interviews Donald Trump


The International Politics is Impacting Where People Can Travel


COMMENT: Marty; I don’t think you realize that when Nigel Farage said your events are the alternative to Davos, there is no other event that has such attendance. I have been to other trading conferences. They are lucky to have half your attendance and you have more institutions than even Davos. I know you keep trying to limit the size of these events, but we get to meet so many people from all over the globe. Your staff said you had attendees from over 50 countries this year. Please don’t reduce the size.

Thanks for the great conference. It was spectacular and provided detail that is really not available anywhere.

Cheers

Keep up the good work

EK

REPLY: I appreciate your perspective. We have over 1,000 attendees at these events each year and the demand keeps growing. This year, politics was playing in the background. The biggest institutions from China could not attend because of the trade dispute. They did not want to apply for a visa. So we will have to hold one in Shanghai in the Spring. Politics will only get worse. I do not know if we will be able to hold any in Europe starting 2021 due to the changes in the law for visas there. It is getting worse by the year. Our own staff in India were denied visas to attend the conference this year.

Many do not want to travel to the States and we have to accommodate our international clients. Each year it is getting more difficult.

BREXIT The Collapse of Democracy


QUESTION: Marty; You are more connected to BREXIT than any of these analysts. What is your view of this mess?

PH, London

 

ANSWER: What we are witnessing is the collapse of Democracy. The people voted for BREXIT and the losers do whatever they can to remain. Unfortunately, many of those in Parliament are in the REMAIN camp and have absolutely no rational evidence whatsoever why Britain is better in the EU than out. It is just political propaganda that remaining in the EU is somehow better than leaving. The Euro is a sinking ship and the REMAIN camp is honestly too stupid to even understand or objective enough to look at the trend.

Welcome to BREXIT, where the REMAIN camp has worked very hard to paralyze Westminster to crush the democratic process. Boris Johnson calls this the “zombie” parliament for it has accomplished nothing in three and a half years. Theresa May was in favor of the REMAIN Camp and this is what you get as a result.

The Britons will go on December 12th to a general election that will be dominated by the BREXIT issue and whether the country will go ahead and join the world economy of the sinking Eurozone. Less than 50% of Britain’s trade is with the Eurozone. Britain CANNOT cut a trade deal outside the EU because any of the members can veto any deal. Europe is pretending to be one nation, but it is a complete joke. Can you imagine if the president in the USA had to get the approval of all 50 states before he signed any trade deal? Nothing would ever get done. That is the structure of Europe.

The BREXIT Party of Nigel Farage is hoping to secure its first MPs in this December election. However, there is a split emerging between those who want to run in all 650 seats and others who would prefer to focus on a smaller, targeted list. The concern is that the BREXIT party could in some places hand a victory to a REMAIN candidate by splitting the vote. This is the concern about running in some areas. The fascinating aspect is that the computer pinpointed the week of December 9th as a Panic Cycle before the election was even announced. The question I have is the subtle movements of the markets apparently were indicating that there would be an election and they even targeted the week. This is just why Socrates is so much better than personal opinions that always begin with “I think” in some version or another. There is just so much more to how markets move than most people would ever imagine.