Former White House Chairman of the National Economic Council, Larry Kudlow, will begin a new venture joining Fox Business News on February 8th.
Kudlow joined the wolverine Trump economic team in 2018 and was complimentary to the objectives of the Trump administration with his affable demeanor. Secretary Ross, Ambassador Lighthizer, Secretary Mnuchin and Peter Navarro were the teeth, while Larry Kudlow was the one who smoothed the edges. The entire team complimented each-other brilliantly.
Fox News Media announced on Tuesday that Larry Kudlow, former President Donald Trump’s top economic adviser, would host a new weekday program on the Fox Business Network.
Kudlow, who served as director of the National Economic Council from April 2018 until the end of Trump’s presidency this month, will also be a contributor across all Fox News Media platforms — providing “expert financial analysis on domestic and global affairs.”
He will begin work on Feb. 8, and details about his upcoming show “will be announced at a later date,” according to Fox News Media. (read more)
QUESTION: I am finding it hard to find the Act of 1871 in the Constitution. Can you please help me find it. Thanks JS
ANSWER: The Act of 1871 incorporated the District of Columbia – NOT the United States!. Here is an article about it when it passed. Trump did not dissolve the US and Biden is not the president of just DC. The United States was NOT bankrupt in 1933. Virtually the entire world defaulted in 1931 and the US dollar rose in value so high that it forced FDR to devalue the dollar for trade purposes. The US ended up with 76% of the world gold reserves because Europe destroyed its economy twice with both world wars. These claims are total nonsense! Municipal governments are always corporations.
Trump may start a third party and the name being floated around is the Patriot Party. Unless 17 Republicans vote guilty and then they can join the Democrats and bar5 him permanently from ever running for president. Keep in mind that there are swamp-creatures also in the Republican party like McConnel. Since they too are up there in years and unlikely to be around for 2024, they would have no problem voting against him to save the swamp.
I really do not see why people need to keep making up crazy stories. All I can assume is they are doing so to deliberately flush people out. Others may simply be unfamiliar with what they are even talking about. There were videos going around that the Supreme Court was trying to tell Trump how to file after they dismissed the Texas suit. That was just laughable! They filed under the original jurisdiction of the Supreme Court whereas claiming they needed to file under Article III was already attempted. That is filing in a district court, then the appeals court, and then to the Supreme Court. If they wanted to take the case they would have. There were two dissents. That was a political decision to preserve the swamp – plain and simple.
Some have written in and said then explain why the US is a corporation citing 28 U.S. Code § 3002 – Definitions. Perhaps they did not realize that all local governments are corporations right down to your local municipality. A corporation is a group of people authorized to act as a single entity (legally a person) and recognized as such in law. So what? That does not mean that Trump can dissolve the United States. This is just complete nonsense that gets people into trouble.
So you can kill someone and then as your defense, you claim the US is just a corporation and this has no power to prosecute you? I suggest you ask Wesley Snipeshow the claim that the Income Tax is illegal because all the states did not ratify it went for him.
We have to deal with the real world. You will NEVER defeat the United States in a court of law with judges appointed by them and argue there is no power. Never going to happen!
.I am not here to tell you what you would like to hear. Sorry – I am not a politician.
QUESTION: Hi Martin, the dollar’s performance bucks logic, especially with Federal Reserve officials spending all week to deny any speculation of a tapering soon in relief measures or an imminent hike in interest rates standing at near zero.
But what made the whole thing even more bizarre was the dollar’s defiance of the rocketing U.S. deficit and debt forecast from the Biden’s administration’s fiscal plans to fight Covid-19. Why is the dollar so strong? and why is Gold selling off? Are they being manipulated? When do you think we will see Gold go above 2k?
ANSWER: The CFTC data reflected the largest week-to-week turn against the dollar since early-Aug 2020 with the USD’s net short reaching its highest mark on record (in dollar terms) at USD35bn on the back of a USD3.7bn increase in favor of most of the currencies it would seem.
You must understand that we are dealing with a complete collapse in economic theories. This is why it may seem weird. That is why I released that book on Manipulating the World Economy. I am finishing a new chapter to add on COVID for the 5th edition. It keeps selling out in a matter of hours. There is a digital version available on our site.
What we are dealing with is the collapse in Keynesian Economics which held that an increase in the money supply would be inflationary which has proven to be false. The Goldbugs disagree with me but that is because they are so brainwashed but that rhetoric. The central banks have used that same theory and increased money supply hoping to create inflation without success. This is how Modern Monetary Theory has emerged saying after 6 years of QE and no inflation you can just print without impact. All of this ignored the bottom line. As long as people do NOT trust the future, they will hoard their money and not spend it even as the supply increases. You need to change that dynamic. They (1) suddenly believe that it will be more costly to wait to buy now, or (2) they lose confidence in the government and refuse to hold their money.
We are in a dangerous transition period and it will be confusing. You have to let go of your Keynesian indoctrination which centers around the Quantity of Money Theory that is what the central banks have continued to try to follow without any success. They do not understand the economy and the solutions are out of their control. They lie on the fiscal side and that has been totally corrupted by the World Economic Forum and Klaus Schwab.
In Tuscany, Italy, a major discovery has been made of the only amphitheater to have been discovered that was never excavated before. This is being called the “Archaeological Discovery of the Century,” for everything else has been cleared over by people for centuries. The location is the ancient Italian city of Volterra, which was once part of the Etruscan culture dating back to the 8th century BC that was eventually conquered by Rome. The coinage of Volterra was cast bronze clearly showing that the monetary system dated back to the Bronze Age when the Minoan culture was the great empire prior to 1650 BC and the eruption of Thera known today as Santorini.
The archaeological discovery is very important. It will be most interesting to see what comes out of this site, but then again, they are using COVID to crush society for the real end goal of climate change.
This year’s World Economic Conference, which Nigel Farage called “the alternative to Davos,” will be held in Orlando on December 4 & 5. We had to cancel Shanghai and Frankfurt this year, but our arrangements with the hotel here in Orlando and politics have opened doors. We will not be able to accommodate the usual 1,000 attendees. This will be a limited in-person session, but it will be more intimate.
Since so many people from overseas may not be able to fly in this year, we have made arrangements to have a virtual conference option for everyone to participate globally. We still have to limit that to a max of 20,000 attendees simply as a matter of technology (sorry, we cannot handle more than that).
From the outset, I have explained that not only did Socrates begin to pick up what has turned into this COVID scam in August 2019, but our HIGHLY RELIABLE inside sources were also already warning that strategic players were selling as early as December of last year, and telling people a “virus was coming.” There are clear warnings within the global economy that we are facing serious upticks in civil unrest in Europe. However, we now have ANTIFA overturning statues of even Abraham Lincoln. Obviously, this has migrated from toppling statues of racists to just pulling down statues of any president which is anarchy.
(Click on Image to see World Markets)
The WEC has been the only truly international conference held since 1985. To see the future of any country requires us to look at the world. As you can see, not every market has been making new highs. Capital flows are ABSOLUTELY critical. We have the ONLY such model gathering the global information of ebbs and flows from all countries and Socrates is writing reports on over 1,000 instruments around the world. This is not about my personal opinion or gut feelings. We have to look at the world objectively and call the shots as the data requires.
o truly see the future this cannot be done on a gut feeling. Nobody is going to be consistent on this one. Our only shot is to see this through the lens of Socrates. What will be critical here is looking at this from a global perspective. Those attending in-person will receive their mug and their autographed copy of “The Cycle of War and the Coronavirus.” Virtual attendees will receive all the digital copies of reports being provided and videos. We have countless separatist movements brewing in Europe, Canada, the USA, and even Australia.
This is going to be obviously an important WEC. We have so much from rising civil unrest, international tensions, governments trying to lock people down, and they are already proposing this as the “new norm,” for lockdowns may be necessary to stop climate change, which has been the real agenda from the start. They think we are stupid. Granted, there are a lot of fools out there who just follow whatever they are told. We have billionaires trying to change the system to socialism to prevent people from ever making what they did to cut off any competition.
Even Schwab’s movie launched in 2019 was skewed to climate change as he was preparing this agenda for the Great Reset. This has been a grand plan.
We are fighting against the fools who think this is just something like a ship that will pass in the middle of the night. The global markets are revealing the trend. It is time for us to listen to the whole and not just one market.
QUESTION: Hi Martin, Thank you so much for sharing the connections Socrates is making between seemingly unrelated ideas. I’m a high school/collegiate science teacher and am wondering if Socrates has identified any correlations between coming astronomical phenomenon (like lunar phases or planetary alignment) to war or the economy. The information you’ve provided on the Sun has been amazing! BTW, my students and I use the information you blog about as the foundation for the conversations in our Socratic seminars. Thanks for all you do! MC
ANSWER: I have never input the planetary information into Socrates. The Moon is capable of picking up the ocean and moving it creating a high and low tide. I would think it can have some influence on people but probably highly differential because we are all perhaps sensitive to various things on an unequal basis. The terms “lunatic” and stories of werewolves are all about people who were sensitive to the moon.
The attempt to correlate the heavens and events on earth as omens of the future date back to the Babylonians. I have been asked this question many times because some of our dates may align with some astronomical phenomena. I would look at it as a separate model. Our Arrays have some 72 different models. They are not a single cycle. There are many. Even take volatility. How do you define it? We have overnight volatility from today’s close to tomorrow’s open. Then there is internal volatility which is the percentage movement between high and low for the day. Then there can be closing volatility measured from yesterday’s close to today and likewise between openings. There are many aspects that the computer is looking at and then it correlates between markets, countries, etc. There are far too many calculations for any individual to do every day.
After my experience with cycles, they go through inversion processes where the same targets remain fixed, but instead of a low, it becomes a high. I would suspect that attempts to use astronomical phenomena will result in the same outcome. The same event will not always produce a high or low. This simply takes place because every market is influenced by everything else around it. It really takes a supercomputer to work out the countless possibilities.
That is why I say my opinion is just personal. Anytime I have thought something would happen which Socrates has disagreed with, I am the one who is wrong. So I have learned. My job is to provide some clarity, but it is not to forecast the future from a personal opinion perspective. Forecasting Civil Unrest was not something that came to me in the middle of the night. It is not even something I personally would have preferred to see.
And BTW, I have been a programmer all my life. I do not see how it is possible for a program to EVER become aware of itself and then dominate humanity. I can mimic human emotion, but I cannot create it for real. And to set the record straight, I have been the ONLY coder on the AI systems behind Socrates. This has been my life’s work. We have a whole team of programmers who manage the delivery systems. But as for the AI, in all honesty, I had the skill to program, I also had the skill to trade, but I also had the clients to show me with a front-row seat how they all look at the world economy from their own perspective. That is why there is no competition for Socrates. It has taken over 50 years to create what you see.
It is also why nobody wants to address Socrates because it changes the entire forecasting game where people advise they are the guy who forecasts some event so see what he is saying next. Personal forecasting is not consistent.
QUESTION: What do you have to say about Trump’s taxes?
GS
ANSWER: Let me explain something. Let’s take one of the richest men in the world — Bill Gates. He achieved that station by co-founding and then leading Microsoft. Most of his wealth came not from his salary, but from the Microsoft stock that he owns, which was equal to about 10% of the company’s outstanding shares. Wealth gained from stock price appreciation is NOT taxable until you sell the shares. By holding most of his shares since the company’s founding, Mr. Gates DELAYED paying any tax on those capital gains. Then by donating the shares to the Bill and Melinda Gates Foundation, that wealth was NEVER taxed!
Why do you think all these people create foundations from the Clintons, Gates, to John McCain. You get to play with the money tax-free while you are espousing economic equality. There should be NO income taxes. It should be a consumption tax (retail sales tax). Donating money to a foundation that you control should be illegal, but its not.
QUESTION: Mr. Armstrong,
If this “Great Reset” movement pushes gold underground, what kind of a future do we really have?
HR
ANSWER: On election night, Trump should win. However, the real question will be the mail-in ballots, and are they legitimate. As I have said, it really does not matter who wins from the perspective of the model warning that we will see a rise in civil unrest. NEITHER side will accept a loss. As I have said before, if the guy you voted for lost, it was no big deal, you went on with your life. Obama may have said all kinds of nonsense against Bush from Quantanamo was illegal to his authorization of tapping into US phones. But at the end of the day, Quantanomo was still there when Obama left and the surveillance only increased under Obama. The DEEP STATE runs the show and the trend never really changed.
If you look to France, they imposed a 10% tax on gold. I have friends there you buy their gold but post it to Belgium. We have to understand that is far beyond simply Republican v Democrat. Those are the old days. These people are really trying to seize control of the world to push their agenda of POPULATION CONTROL and CLIMATE CHANGE.
There is no way they will achieve their goal. This is wildly naive and it requires an academic to come up with this nonsense. There are two things that they have completely gotten wrong and it seems willing. (1) Climate Change and (2) the Business Cycle. Civilization expands with warming periods and contracts during cold periods. To listen to these people who argue that climate change is caused by humans cannot be supported by the data. We certainly do not want to live in pollution. We need clean air and clear water. But pollution does not change the climate. There are far bigger cycles at work.
Insofar as the business cycle is concerned, this is driven also by weather as well as innovation. The idea that we can create an economy that is the perfect utopia where there is never a recession or depression is absolute nonsense. Just look at any market from stocks and bonds to commodities. Everything fluctuates.
These two assertions that they can manipulate the climate and smooth the business cycle to create the perfect world is the dreams of madmen who are not satisfied with the way things actually work in this universe.
The BOTTOM LINE will be capital flows. What we must be concerned about is that there will be capital restraints imposed in different countries. Cutting off international travel is highly dangerous. The USA is no exception. All my staff outside the country cannot visit for everyone’s visa has been canceled. In Europe, Americans will be prohibited from traveling there without preapproval BEFORE you can even buy a ticket starting in 2021 and that was before COVID. We are staring at a deliberate move to reduce air travel as part of this Climate Change agenda without formally stating so.
This is no longer about Republic/Conservative v Democrat/Labour. There is a much bigger agenda taking place which will dictate the direction of the world economy ahead of us.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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