Central Bankers & Politicians – Its Time for a Change


Posted originally on Jun 7, 2024 By Martin Armstrong 

Central Bankers BIS

COMMENT: It was great seeing you here in Europe. It was even more interesting to see how the central banks are starting to use the ECM rather than wait six to nine months before acting. Back in 2007, your model turned in February, but the Fed Funds Rate did not drop to 3% until one year later. I agree; you are impacting even though you cannot say who is or is not following your forecasts at that level.

Yesterday, the ECB lowered interest rates for the first time since 2019 during your target week of June 3. This represents a significant shift in the global economy’s monetary policy. With your Panic Cycle for the Fed meeting, it looks like they will follow suit.

Congrats. You are starting to get recognition for 50 years of work after the bankers tried to shut you up so they could constantly blow up the economy.

Paul

Gold Fluctuated

REPLY: Thank you. It was great to see you. With Keynesian Economics failing, rational men must look at other things. It is time we recognized that the Business Cycle incorporates everything from climate and weather to civil unrest and war. You CANNOT manipulate those things by raising and lowering interest rates to create perpetual prosperity, even under the Gold Standard, which failed because they could not prevent inflation when massive gold was discovered in the 19th Century in California, Alaska, and then Australia.

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Even when all the gold was pouring into Europe from the discovery in the New World, it wreaked havoc on the European Economy, causing major inflation. In the end, Spain became a serial defaulter and successfully, through fiscal mismanagement, converted itself from the richest nation in Europe to a third-world country. Sound familiar?

Schumpeter BusinessCycle Waves of Creative Destruction

Even Schumpeter attempted to explain the Business Cycle as waves of innovation. Someone invents something that takes the economy to new levels—steam engines, combustion engines, tractors, airplanes, and the Internet, to mention just a few. These aspects are not in the quiver of central banks to control. Paul Volcker conceded that the Business Cycle is about eight years. I had a long discussion about that with Paul back in 1999. His Rediscovery of the Business Cycle outlined how Keynesian Economics failed back in the 1970s. Even the previous Chairman of the Fed admitted that the Business Cycle ALWAYS wins.

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It is time to Understand the Business Cycle and Learn How to Live With It!

Politicians Have to Wake Up – Socialism Destroys the Economy – Get Over It!

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Judge Merchan Provides Information Indicating Juror in Trump Case May Have Predetermined Guilty Verdict


Posted originally on the CTH on June 7, 2024 | Sundance

There’s just something very sketchy about this public release of information from Judge Merchan in New York City.  Merchan doesn’t have an integrity bone and the comment he is bringing attention toward is innocuous and random.  However, Merchan could be trying to get Trump to violate the gag order aspect and talk about jurors; thereby making the sentencing worse.

According to information Merchan is providing the lawyers in the Trump case, a comment was made on the court’s FaceBook page indicating one of the jurors said the Trump guilty verdict was predetermined. [SOURCE] “My cousin is a juror and says Trump is getting convicted. Thank you folks for all your hard work!!!” 

Why would Judge Merchan want to draw public attention to this?

Either something bigger is being diluted by this story, or perhaps Merchan is using it as a provocation to get Trump to talk about the jury and violate his gag order ahead of sentencing.

Or, perhaps Merchan is looking to create a mistrial to exit the case, or do it over again and extend the gag order.   Also, why not include the entire quote from the Facebook Page:

Not sure what’s going on, but something.  Something….

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Suspicious Cat remains, well, suspicious.

Supreme Court Bombshell Decisions Due June 13th


Posted originally on Jun 7, 2024 By Martin Armstrong 

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The Supreme Court has 28 decisions still remaining, and there are a lot of really important cases that will shape history. The next opinion day will be June 13; this 2023-2024 term ends on June 28th. Buried within these 28 cases is the only one regarding deference to agencies known as the Chevron decision. Many hope that will be overruled, which will be a victory for the private sector, as well as the rulings on the abortion pill mifepristone. However, the political game changer will be former President Donald Trump’s presidential immunity. The court heard oral arguments in Trump v. United States on April 25.

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It’s going to be a real legal mess, to say the least. I noticed that we had a Directional Change show up for announcement day – June 13th. That is very unusual, for it is the FIRST time I have ever seen the computer highlight on a Supreme Court announcement day. The Panic Cycle on the 17th is also showing up in the Euro.

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However, the FOMC meeting at the Federal Reserve is on the 11-12th. When we look at the 30-year bond, we can see a Panic Cycle and a Directional Change for the 12th. The computer has been able to forecast even FOMC meetings. Interestingly, we also have a panic cycle showing up on the 12th in some European markets. Add to this mess, we have the EU elections on June 9th.

The decision, especially on the Trump Immunity case, may have the biggest impact. Many people thought that the Supreme Court would remand it and instruct the district court to parse what is and what is not an official act. If the Supreme Court was going to do that, it would have a quick decision. This opens the door to two possibilities.

(1) The court will state that Trump has virtually absolute immunity. That is probably the wisest decision that would wipe out all cases against Trump. If this is NOT done, then there will be a very dangerous precedent, and you can bet that denying that immunity to Trump can then be used against Biden and even Obama if he intervenes in the current election. Granting virtual absolute immunity will save the USA from weaponizing the DOJ and transforming the nation into a banana republic. You can bet WHATEVER they have done to Trump, the other side will do to Biden et al.

(2) The Special Prosecutor has NO jurisdiction to do what he is doing. He was not appointed by Congress nor confirmed. He was a special appointment by the DOJ, and he actually does not even fall under prosecutorial immunity himself. That would be a valid decision that would end the Washington and Florida cases.

Steve Bannon Talks to Media After Judge Tells Him to Report to Jail, July 1st


Posted originally on the CTH on June 6, 2024 | Sundance 

Steve Bannon is appealing a contempt of Congress indictment and guilty verdict based on an executive privilege defense.   Today Mr. Bannon was told to report to federal jail July 1st to begin his 4-month prison sentence.

Following the ruling from the judge, Steve Bannon and his lawyers spoke to the assembled media pool.  WATCH:

Georgia Appeals Court Halts All Trump RICO Cases Against All Defendants Pending Decision on Fani Willis Disqualification


Posted originally on the CTH on June 5, 2024 | Sundance

It looks like the Lawfare case against President Donald Trump is not going to happen prior to the election.  Considering that Fani Willis met with Mary McCord prior to filing this case against Trump, we can directly trace the origin of the Georgia case to congress and the White House.

The appellate court in Georgia is currently reviewing the professional conduct of Fulton County District Attorney Fani Willis.   As the court is deciding whether to disqualify Ms. Willis from the cases (very likely), the court has suspended all further action by Fulton County against any of the defendants.

[Source Link]

The Lawfare community (McCord, Weissmann, Eisen and MSNBC, CNN et al) are apoplectic at this decision by the court.

WASHINGTON – A Georgia appeals court has halted all pretrial proceedings in Donald Trump’s Atlanta-based criminal case while a three-judge panel considers whether to disqualify the lead prosecutor, Fulton County District Attorney Fani Willis.

The order issued Wednesday effectively confirms that the sprawling racketeering case against Trump and more than a dozen codefendants — charging them with an attempt to corrupt Georgia’s 2020 election results — will not come before a jury in 2024.

The case had already seemed like a longshot to go to trial before this year’s presidential election, with a long list of complicated pretrial matters still pending before Judge Scott McAfee. The Georgia appeals court order blocks McAfee from advancing those issues while Trump and other defendants mount an appeal over allegations of ethical lapses by Willis. That appeal is scheduled for oral arguments on Oct. 4, with a decision from the appellate court likely to take several months after that.

For Trump, it’s another vindication of his well-worn strategy to delay his criminal cases until after the election. If he prevails in November, he’s unlikely to face the Georgia case until 2029 — if at all — because many legal experts believe a state cannot constitutionally prosecute a sitting president. As president, Trump would also have the power to unravel the other two languishing criminal cases against him, both brought by special counsel Jack Smith. (read more)

Matt Gaetz Questions AG Merrick Garland About Coordinated Lawfare


Posted originally on the CTH on June 4, 2024 | Sundance

Congressman Matt Gaetz seemingly cuts across the UniParty grain at key moments; perhaps today is another example.  The better part of good public questioning is not just what question is asked, but also how the question is asked.

The back-and-forth questioning does not need to be performative to be substantial, it only needs to express the same frame of mind that a viewer would have on the subject matter.  If your gut has a sense about an issue and the questioner conveys that same gut-level sentiment honestly, it puts the person being questioned into a non-pretending corner.

AG Merrick Garland says it’s a “dangerous conspiracy theory” to allege that the Department of Justice is communicating with state and local prosecutions against Trump. But former senior DOJ official Matthew Colangelo was appointed Senior Counsel to District Attorney Alvin Bragg’s office to “get Trump” – as detailed in Mark Pomerantz’s book.  Congressman Matt Gaetz asks the non-pretending version of the questions. WATCH: 

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There should be no respect granted to a U.S Attorney General who disrespects the intelligence of the American people.  They work for us, we should all focus on remembering that.

Could Trump Run for President if Imprisoned?


Posted originally on Jun 5, 2024 By Martin Armstrong 

DebsVEugene1920

In 1920 the world watched as candidates Eugene and Debs fought for the title of President of the United States. Eugene Victor Debs of the Socialist Party was found guilty of violating the Sedition Act during the Great War and was sentenced to 10 year imprisonment. Debs was nominated as his party’s candidate in 1920 despite being behind bars.

From his prison cell in Atlanta, Georgia, Debs campaigned with the help of speakers and messengers acting on his behalf. This was obviously far more difficult, given the technology of the time. Still, Debs won over 1 million votes or 3.4% of the popular vote. His imprisonment became a part of his campaign strategy and he even used his inmate number 9653 on campaign merchandise and flyers to remind the people of the cause he sacrificed his freedom for.

More recently, in 1992, Lyndon LaRouche campaigned from prison where he was serving a fifteen year sentence for conspiracy against the IRS. Like Debs, LaRouche used his inmate number as part of his campaign. He lost the Democratic Party nomination to Bill Clinton but garnered much attention due to his notoriety.

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The US Constitution does not prohibit a citizen from seeking election if they are incarcerated or have a felony. Article II, Section 1, states:

"No person except a natural born citizen, or a citizen of the United States, at the time of the adoption of this Constitution, shall be eligible to the office of President; neither shall any person be eligible to that office who shall not have attained to the age of thirty-five years, and been fourteen years a resident within the United States."

The Founding Fathers never addressed the matter. Trump’s team has said that he will seek re-election despite any barrier put before him. However, he will face difficulties. Trump would be unable to travel, attend debates like the one that Biden finally promised to do, or campaign in person. He would need to rely on proxies to carry out his campaigning efforts on his behalf, and given the widespread support, he would find no issue in doing so. The real issue is that the establishment simply cannot risk a Trump presidency, and they will do everything and anything to prevent him from leading America.

Hunter Biden Jury – Truly His Peers


Posted originally on Jun 5, 2024 By Martin Armstrong

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The rigged judicial system has selected a jury for Hunter Biden’s federal gun trial who are truly a group of his peers. The 54-year-old First Son pleaded not guilty to lying about his crack cocaine abuse when purchasing a firearm. He later had his brother’s ex-wife and former affair partner discard that weapon in public near a school, but she is not facing charges for that simple mistake. Hunter is looking at three felony charges related to this single incident, as no one is prosecuting him for the numerous crimes found on his Laptop From Hell or the blatant misuse of his father’s political standing when conducting business in China and Ukraine.

“Addiction may not be a choice, but lying and buying a gun is a choice,” Hunter’s lawyer stated in his opening comments. “We would not be here today if he was just a drug addict.” There is photographic evidence on his laptop of him using drugs. He wrote a book entitled, “Beautiful Things,” in which he admits to being addicted to crack cocaine during the time he purchased the firearm. There was a voicemail found from his father a few days before Hunter purchased the gun, asking him to get help. The evidence against him is overwhelming.

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Who has the liberal justice system appointed to judge Hunter? They all happen to have ties to the liberal party and/or would be extremely sympathetic to anyone facing charges due to drug usage. One juror had a childhood best friend die from a heroin overdose, while another had a brother-in-law die from alcoholism, and the juror believes it is a “disease.” A third juror had a brother arrested for possessing narcotics and his father was shot dead. A fourth juror admitted to having a brother who is addicted to both heroin and PCP. One woman on the jury was actually in the Secret Service, and her husband still serves in the Secret Service. You really cannot make this stuff up. One young juror has a DUI charge, while another said that marijuana use should not prevent someone from owning a firearm. The alternate juror had donated to the Obama campaign.

This gun charge is nothing compared to what Hunter Biden has done regarding state secrets, but those crimes were committed with the help of “the Big Guy” and won’t see the light of day in a courtroom.

Donald Trump has a jury of people who the courts knew would never sympathize with him. He was convicted on 34 separate felony cases related to hush money. Thirty-four charges. We clearly have a two-tiered justice system where those in the establishment are simply above the law.

Mike Davis on the Alito Flag Controversy: This is the Democrats’ Latest Hoax


Posted originally on Rumble By Bannons War Room on: June 3, 2024 at 05:00 pm EST

Revealing Biden’s Role in Every Single Trump Indictment: This is Biden-Driven Election Interference


Posted originally on Rumble By Bannons War Room on: June 03, 2024 at 05:00 pm EST