Tag Archives: Wealth tax

Jun 3 2024

Retired Four Star Admiral Arrested for Bribery


Posted originally on the CTH on June 1, 2024 | Sundance

(VIA DOJ – May 31, 2024) – […] As alleged in an indictment unsealed today, from 2020 to 2022, Robert Burke, 62, of Coconut Creek, Florida, was a four-star Admiral who oversaw Naval operations in Europe, Russia, and most of Africa, and commanded thousands of civilian and military personnel.

Yongchul “Charlie” Kim and Meghan Messenger, both of New York, are the co-CEOs of a company (Company A) that provided a workforce training pilot program to a small component of the Navy from August 2018 through July 2019. The Navy terminated a contract with Company A in late 2019 and directed Company A not to contact Burke.

Despite the Navy’s instructions, Kim and Messenger then allegedly met with Burke in Washington, D.C., in July 2021 in an effort to reestablish Company A’s business relationship with the Navy. At the meeting, the charged defendants allegedly agreed that Burke would use his position as a Navy Admiral to steer a sole-source contract to Company A in exchange for future employment at the company. They allegedly further agreed that Burke would use his official position to influence other Navy officers to award another contract to Company A to train a large portion of the Navy with a value Kim allegedly estimated to be “triple digit millions.”

In furtherance of the conspiracy, in December 2021, Burke allegedly ordered his staff to award a $355,000 contract to Company A to train personnel under Burke’s command in Italy and Spain. Company A performed the training in January 2022. Thereafter, Burke allegedly promoted Company A in a failed effort to convince a senior Navy Admiral to award another contract to Company A.

To conceal the scheme, Burke allegedly made several false and misleading statements to the Navy, including by creating the false appearance that Burke played no role in issuing the contract and falsely implying that Company A’s employment discussions with Burke only began months after the contract was awarded.

In October 2022, Burke began working at Company A at a yearly starting salary of $500,000 and a grant of 100,000 stock options. (read more)

 

Jun 2 2024

The Impact of the Trump Verdict on our AI Computer – The Fall of the US in 8.6 years.


Posted originally on Jun 1, 2024 By Martin Armstrong 

Merchan Judge Juan

Juan Manuel Merchan is a Colombian-born American judge and former prosecutor. Most curious, he is NOT a formal judge, he is ONLY an acting justice of the New York State Supreme Court in New York County. How did a former prosecutor  who is NOT a formal judge get assigned this case? This is not just a possible rigged proceeding, but this is UNCONSTITUTIONAL insofar as the alleged crime is a federal crime when there is no subject matter jurisdiction by this ACTING JUDGE in a state court to preside over a federal crime.

Now this ACTING Judge will be sentencing Trump where the maximum fine if $5,000 per count but he could sentence Trump to 4 years for every count. This UNCONSTITUTIONAL sentencing is a disgrace to the rule of law and the comments from overseas institutions and governments coming in to me personally are appalled at this entire proceeding.

The ACTING judge Merchan is a disgrace to the legal profession and his bias was clear by imposing a GAG order only on Trump but not on the prosecution’s witnesses. That is UNPRECEDENTED and a joke. He will now sentence Trump on July 11th, 2024 and this politically and morally corrupt Judge has carved his name in American history. This has shown that our legal system is so corrupt and biased that the entire system should be scrapped and all judges simply fired.

History is littered with corrupt judges like Merchan who always assume they are above the law like this ACTING judge and former prosecutor. In China, the historian Sima Qian provides us with a look at one of the most harsh bureaucrats of the Wudi reign, Du Zhou (? – 95BC), who argued that the old laws were then irrelevant and could be changed at the pleasure of the emperor. Zang Tang (? – 116BC) A judicial bureaucrat named Wno drafted the laws under Wudi regime and made treasonous thoughts (CONSPIRACY) punishable by death. When the regimes changed, he was eventually compelled to commit suicide as his view of the law led him to be the most hated among all of the ministers under Wudi regime.

Yet Merchan is perhaps closer to the minister Chao Cuo (? – 154BC) who was under the previous emperor Ching-ti (Liu Ch’i)(157-141BC), Chao Cuo earned the hatred of other ministers after he introduced 30 new laws. The outrage was so intense, he was dragged out and executed in his judicial robes in the town marketplace. There was far greater resistance toward changing the laws in China than what we see in NYC today. These incidents of publicly executing ministers who tried to make the laws even harsher, were not unique, but became far more common in China compared to the West.

Merchan has set in motion the decline and fall of the United States and curiously, it will be about 8.6 years from this even until we reach 2032. That was the time of judicial upheaval in China and it was just 8.6 years for the collapse of the Roman Monetary system from 260-268AD.

What they have set in motion is the decline and fall of the United States. There will not be enough police in New York City to protect it from collapse. Institutions are selling New York state and city debt. It will never be paid. Get out while you can.

DJIND W 5 30 24

Interestingly, our computer projected a major turning point for the Week of July 8th and a Panic Cycle thereafter, which aligns with the date for Trump’s sentencing – July 11th. The Neocons who really run the country, are scared of Trump and they intend to start a war BEFORE the election. They think Biden will win since no president has lost during war, They fear Trump is anti-war so this is their time to accomplish the destruction of Russia and they will create something just in case they cannot eliminate Trump to trap him into this war.

The Neocons just SECRETLY gave permission to Ukraine to use US missiles to attack inside Russia praying Russia will retaliate against any NATO country. Some say that the ONLY way to prevent World War III is that Russia should give the Ukrainian people 30 days to leave Ukraine before it completely nukes it leaving the region inhabitable. The West will then threaten to nuke Russia and Russians would announce it will nuke all the major cities of Europe and the US from its subs and compel the people to rise up against their warmonger politicians.

I am not so sure even that would work. Germany is drafting up to the age of 60 years old already. We will see the same in most European countries and you have the minister of Estonia bragging how they want to break Russia into regions thereby engaging in not just regime change, but the antihalation of Russia itself. Beware of August/September. I fear our computer will be right – we are heading into World War III and the West will lose this time.

I was not certain what the fundamental might be come July, but now we know this is related to Trump. The computer seems to be able to pick the timing well in advance. I strongly recommend to get out of any investments related to NY.

10 trillion Debt Crisis Default

At the end of fiscal year 2020, New York City debt outstanding was $125 billion. As total debt has grown—by 84 percent since 2005. The current City’s debt limit was $127.4 billion as of June 30, 2023. NYC has no possible way to pay off its debt.

The West NEEDS this war for just like World War II, governments collapsed and new ones take their place and they ALWAYS default on the debts of the previous. Even the US never honored the debts of the Continental Congress. Every Western government is preaching war. They are not interested in peace because they know they are in serious trouble when it comes to the Debt Crisis.

May 31 2024

Bill Maher tells CNN the truth about the democrat party


Posted originally on Rumble By Charlie Kirk show on: May 31, 2024 at 5:30 pm EST

May 29 2024

The Problem with K-Waves


Posted originally on May 29, 2024 By Martin Armstrong 

K Wave MAA

All those investigating cycles within the economy made a simple mistake. Kondratieff followed agriculture/commodity prices when agriculture accounted for 70% of the GDP pre-19th century. That only began to decline from 1850 forward, dropping to 40% by 1900 as the Industrial Revolution emerged with the invention of the steam engine. Moreover, aside from climate impacting the food supply, there were also wars. So the Kondratieff Wave failed to take into account all of the external forces.

If we extend the K-Wave 54 years from the commodity high in 1919, that brings us to 1973, which was close to the end of Bretton Woods in 1971 and the OPEC Oil crisis. Another 54 years from there will bring us to 2027. Therefore, this may be based entirely on commodities, but they were impacted by weather and war. Note that 2027 is the ideal target on our model for war derived from entirely different sources.

KONDRATF

There is a cycle of industrialization as well. Rome began as an agrarian society and moved toward trade, which brought them into conflict with Carthage. Rome itself became more like New York and grain was imported from Egypt. As agriculture became more of an import, Rome blossomed like New York into the arts and culture. The shift toward industrialization also resulted in a decline in birth rates for children. Large families were needed in an agrarian society but not so much in a developed society – hence the family laws of Augustus.

The first known Clean Air Act occurred in 535 AD by Emperor Justinian in Constantinople. He proclaimed the importance of clean air as a birthright. “By the law of nature these things are common to mankind—the air, running water, the sea.” Even Cicero wrote about pollution in the ancient city of Rome. This went hand and hand with developed societies and urbanization.

Consequently, when looking at long-term cycles, a few hundred years is not enough data. If Kondratieff were alive today and based his study on the current system, he would focus on services rather than commodity-based economies. Agriculture has fallen to just 1.2% of the civil workforce, so we cannot follow K-Waves as the innovator intended.

May 29 2024

Commodities Trade Differently


Posted originally on May 29, 2024 By Martin Armstrong 

Wheat1220 1375

All commodities, including gold, trade substantially differently than stocks or real estate. Pictured here is wheat back to 1200. Note that you see what appears to be a brain wave. Commodities trade differently because they are subject to nature. Manufactured items can be produced on a more regular basis. However, commodities are subject to weather, and even mining is subject to discovering supply.

Look at energy. The US was dependent on imports and was virtually self-sufficient from foreign production until Biden was appointed.

Here is wheat impacted during the Black Death. Two trends were clashing. There was a 50% drop in population, so demand dropped, but also there was a collapse in labor, so production declined. Prices rose because there was still a shortage of supply because land went vacant and that forced landlords to begin paying wages. There are always far more complicated trends involved in commodities.

WheatWholesaleWWI

War has also impacted commodities. But when gold was MONEY, it declined in purchasing power WITH inflation. When gold is a free market as present, it moves opposite to inflation because, yes, it too is then a commodity. Making gold money will NEVER prevent the cycles as illustrated above and it will decline in purchasing power with inflation that is in part driven by nature.

GOLD1560to1991

Consequently, even gold makes runs to the upside (bursts) that are largely catch-ups. It does not remain constant even against silver. Gold is the worst investment from an inflationary standpoint if you expect it to track inflation, for it does not and will not. Right now, we are in a cycle where CONFIDENCE has waned, and we will see gold rise with the stock market, but it trades far differently from stocks.

Cyclical analysis is all about defining WHEN such events will take place. Price is entirely a different aspect. The burst is just that – a rally that appears to come from nowhere playing catch-up because EVERYTHING has an international value.

May 29 2024

Does an Increase in the Money Supply Lead to Inflation?


Posted originally on May 29, 2024 By Martin Armstrong 

Supply Demand

The old idea that inflation is created by an increase in money supply has distorted the minds of many people. Inflation is caused by numerous factors for it is not a one-dimensional aspect. For example, say a bird flu has rendered half of the egg production to be worthless, which would send egg prices soaring. This would have nothing to do with the quantity of money. So, obviously, a decline in the supply of some service or commodity can also lead to rising prices. Supply and demand.

Then there can be cost-push inflation as we saw during the 1970s due to OPEC. The first OPEC price shock was October 1973 from where we should see the next low in 2016 (43 years later). The sudden rise in oil sent a shockwave through the economy, driving up prices because the entire economy had to readjust to higher energy. This was not the result of an increase in demand nor an increase in the money supply.

When gold was used for money during the 19th century, it fell sharply in value with each new discovery from California, Australia, and Alaska. Inflation rose because of a dramatic increase in the money supply, which is exactly what took place in Europe when Spain brought back ship after ship of gold from the New World. The sudden dramatic rise in the supply of money unleashed inflation, and during both periods, money (gold) failed to provide a store of value.

Steady, slow growth in the supply of money does not lead to inflationary waves. We find that major waves of inflation are often tied to waves of speculation, which differ with each wave moving from real estate, commodities, stocks, or bonds, constantly rotating over decades within a domestic economy and then this movement of capital takes place internationally.

Inflation is not a single one-dimensional aspect. It moves up and down between the rise and fall in the demand for private assets vs. hoarding and uncertainty.

May 25 2024

Is the population decrease a bad thing? Unpacking why population increase is an overall good


Posted originally on Rumble By Charlie Kirk show on: May 24, 2024 at 5:30 pm EST

May 23 2024

July Kelly Unpacks Her Explosive Findings From the Mar-A-Lago Raid: The FBI is Lying to You!


Posted originally on Rumble By Charlie Kirk show on: May 22, 2024 at 4:30 pm EST

May 22 2024

The Migrant Crisis is How Rome Fell – Its Our turn this time


Posted originally on May 21, 2024 By Martin Armstrong 

Garland Merrick AG

Merrick Garland, Attorney General, is truly a national disgrace. The U.S. Department of Justice has filed a suit against Oklahoma today over a state law that seeks to impose criminal penalties on those living in the state illegally. The law makes illegal aliens subject to two years in prison for living in the state without legal immigration status. Garland is trying to make sure illegal aliens are here for the 2024 election so they can continue their coup and deprive the “rich,” whom they define as people with jobs. They claim they they will not raise taxes on income of $400,000 or less, but they fail to define their definition that this is HOUSEHOLD income. If you have two children still living at home and all four of you combined exceed $400,000, you are the hated rich whom the Democrats want to exploit all for people who produce nothing and want a free ride.

2024_03_04_20_06_16_AG_Merrick_Garland_Calls_Voter_ID_Laws_Unnecessary_The_Epoch_Times

Similar laws passed in Texas and Iowa are already facing challenges from Garland, who has the audacity to tell Congress that ISs are not necessary for voting. Oklahoma is among several states trying to protect their own people against this invasion that at no time in history has ANY president sought to rig the election with illegal aliens. We are rapidly witnessing the very reason why the United States will break up. Similar circumstances took place in the Roman Empire, where Emperor Valens opened the border to illegal aliens and destroyed the economy. They eventually rose up against the government, demanding more, and Emperor Valens was then killed in battle by the very people he allowed in.

Other bills targeting migrants have been passed this year in Florida, Georgia, and Tennessee. Garland claims that this Oklahoma law violates the U.S. Constitution and asks the court to declare it invalid and bar the state from enforcing it.

“Oklahoma cannot disregard the U.S. Constitution and settled Supreme Court precedent,” U.S. Principal Deputy Assistant Attorney General Brian M. Boynton, head of the Justice Department’s Civil Division, said in a statement. “We have brought this action to ensure that Oklahoma adheres to the Constitution and the framework adopted by Congress for regulation of immigration.”

New Report – The Migrant Crisis

This includes the Disease Cycle and

How We Should Expect Disease to Spread as it always does with Migrations throughout history

Because this is a real international crisis, I have put together this report, which is a warning to the West that this migrant crisis is part of the decline and fall of Western society, as it was the same mistake for Rome. In fact, it was the invasion of the Goths that changed Roman society, and even our word today for “god” was derived from barbarians, not Romans. Most interesting, this invasion of the Goths was so profound that to this day, our English word “god” is derived from the Proto-Germanic version of gudą, which is derived from the Goths’ Germanic language, “guþ.” So, the next time you pray to “God,” remember that was a barbarian word – not Roman, which was “Deus” – the Latin word for “god” or “deity”.

Migration Crisis 2024
May 21 2024

US Consumer Sentiment Reaches 6-Month Low


Posted originally on May 21, 2024 By Martin Armstrong 

American Consumer

Consumer sentiment is continuing its decline amongst Americans. The University of Michigan’s survey monthly survey revealed sentiment fell to a six-month low of 67.4 in May, down from 77.2 in April. Inflation is the primary reason for the loss in confidence, followed by interest rates and geopolitical issues.

Incoming data would lead one to believe inflation is waning from historic highs above 9%, but the average consumer realizes that prices are nowhere near pre-pandemic levels. Taxes are also rising among all income levels, yet this is never accounted for when measuring inflation or the cost of living.

Shelter costs are one of the main factors driving up the cost of living for the average American and are the primary source of pay drain.

The Labor Department’s April jobs report failed to meet expectations, while the unemployment rate rose to 3.9% from 3.8% in March. This does not account for the nearly 8 million new arrivals who are unable to work and rely on US taxes for survival. Then we have Biden signing countless legislation to curb America’s gig economy which has made it increasingly difficult for the working class. All of those under the table jobs will be long done once we move to a cashless society.

The Federal Reserve has repeatedly stated that there is simply no evidence to suggest that lowering interest rates could help stabilize prices. The Fed has been issuing the same message after each Federal Open Market Committee — they’re hopeful but do not see the results yet, or in other words, please don’t lose full confidence in our economy just yet despite the clear issues we face now and will face going forward.