Saturday, September 19, 2015

MARTIN ARMSTRONG'S LATEST BLOG POSTS



Greeks Vote Again – Why Bother?

athens
greek-theatreI am here in Athens for the elections this weekend. I must state, at this point in the game it appears to be just Greek theater with the politicians playing merely parts with the strings beging pulled from Brussels. Whoever governs is almost really a moot point, for it seems that the political forces are not interested in any honest democratic process which was invented in Athens. The political forces appear to be simply prepared to fit in with whatever the country’s international creditors demand.
The Greek people seem to be staring into the abyss with no chance of reversing the economic decline. What governments do not comprehend is rather stark. When the people lose the right to vote, then dictatorship emerges. That historically leads to revolution. If the political forces of Europe do not listen to the people, this is what will lead to civil unrest, uprisings, and revolution. Often, government sensing it will face an uprising, then seeks and external enemy to blame. Revolution can then only be avoided by war with another nation. This is the cold blunt truth of history.
Between the capital controls and the protests, the one thing Greece had was tourism. My sources on the ground tell me that tourism has been off by about 30% this summer. The tourists who did come to Greece seem to have headed to the islands rather than Athens. While the banks were closed to citizens, a tourism could still use their credit cards and access cash at an ATM with a foreign card.
The new elections this weekend have barely caused even the slightest ripple in the tidal flows of capital and market movements. The left-wing Syriza’s government turned strangely right-wing doing whatever Brussels demanded. The previous anti-austerity stance of the people was ignored and the wings of this movement appears to have been clipped by leader Alexis Tsipras’ betrayal of the Greek people. The polls now suggest either Syriza, or the more establishment New Democracy, will be the lead partner in a pro-bailout coalition.
Ah how things have changed. It appears that this is indeed right on target for 2015.75 for the politicians of Greece will simply ignore the hardship of the Greek people and buy into Europe to stay with the political club as lap-dogs of Brussels.The price of this betrayal may be very costly going into 2017.

Boehner Losing control with 2015.75

UNITED STATES - JULY 29: House Speaker John Boehner, R-Ohio, participates in a news conference on Capitol Hill in Washington, July 29, 2015. (Photo By Al Drago/CQ Roll Call)
The Speaker of the House has clearly overstayed his welcome. He is one of the most disliked Republican leaders of all time. One anti-Boehner Republican said a chairman had asked him not to call for a vote on a motion to vacate the chair until Pope Francis, invited to address Congress by the Catholic speaker, makes his speech next week. The chairman told the member the Pope visit “meant a lot to Boehner,” the member said. So we are down to clinging to straws. The ruthless conduct and personal retaliations of Boehner against members of his own party from my perspective means he should not be granted that request and he should be thrown out before the Pope has to shake his hand – he might lose a finger in the process.
Rep. Kristi Noem of South Dakota has been swamped with Republicans calling her asking for her support to depose Boehner. She told the GOP conference on Wednesday, according to Roll Call, that she didn’t appreciate all the calls she’s received from potential leadership candidates asking for her vote. Clearly, 2015.75 is marking the end of Boehner, which political insiders never suspected. This is a direct result of the rise in polls of Donald Trump showing that Boehner’s country club establishing style politics is dead.

FORECASTER Playing in Paris for the next Several Weeks



The FORECASTER (L’ORACLE) debut was on the ChampsÉlysées in Paris one block from the Arc de Triomphe. In France the film also made the nightly news and the interesting aspect was that the Finance Minister appeared and the journalist question him about the forecast for the Sovereign Debt Crisis. After saying no one can forecast, he then declared his own forecast that the French economy would recover and be very strong next year.

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