Thursday, September 3, 2015

MARTIN ARMSTRONG'S LATEST BLOG POSTS

Uprising Against Government is Global

swedish-flag
COMMENT:
Martin –
The distaste for and turning-away from status-quo government that you predicted several years ago is showing up in more countries: (Sweden)
REPLY: This is a worldwide trend. We are witnessing this everywhere from India to Eastern Europe, South America to Canada, from Australia to Japan, and from Sicily to Sweden. This is human nature rebelling against the corruption of government and socialism, which has totally failed precisely as did communism. The left just does not understand and insist they have to seize more assets to hand to government. Meanwhile, the extreme right refuses to comprehend anything in the middle ground.
This is part of the 309.6-year cycle that is now unfolding. We went through financial panics prior to the revolution against the monarchy. Hence, we overthrew the monarchy and replaced the king with a herd of ministers.

Dollar & Reserve Currency Status

Dollar-Vortex
QUESTION:
Dear Mr Armstrong,
First of all, congratulations for all the public information that you are offering in your website. For humble learners like me is fascinating.
Your ECM says that there would be a peak in October. Could it be a peak in the confidence in the Dollar as a reserve currency?
I would be very pleased to hire your services whenever they are offered.
Thanks in advance
JL
ANSWER: No, that comes later. We first have to create the storm. The likelihood of a monetary reform comes into play around 2017. To get there, we have about $9 trillion in debt by other countries that must create a major loss first. With this sort of pressure, then and only then will we see some new type of system. There is nothing currently to replace the dollar. BIG MONEY cannot park anywhere but dollars.

New Zealand – Bucking the Trend to Move Cashless?

NewZealand-$5
The Reserve Bank of New Zealand revealed new $5 and $10 notes. However, Reserve Bank deputy governor Geoff Bascand was asked directly if the redesigns could be the last. He responded by saying, “It is possible. People are speculating and talking about becoming a cashless society, but we haven’t seen it yet.”

Judge Sentenced to 28 Years in Prison for Selling Kids to For-Profit Prison; Police Chief Sentenced to 1 Year for Murder

PA Jude 28 Years
Finally, a state judge was sentenced to 28 years in prison for taking bribes from a private juvenile prison where he sentenced kids for the profit of the prison. I have yet to meet any judge who is actually “HONORABLE” as the title they bestow upon themselves suggests. The issue is not that all judges accept bribes; rather it is that judges are biased to rule in favor of the government who appoints them. This is one position that could be replaced by a computer that simply renders a verdict based SOLELY upon the law. There should also be an independent board that must first rule on the constitutionality of every law passed by government. It is seriously wrong to allow government to enact whatever law they desire and then place the burden upon individual citizens to prove such a law is illegal.
Prosecutors then pick on small individuals and companies to make what they call “law” but they never prosecute the big players because they will fund a case to the Supreme Court. The 99% of the people do not have the funds to accomplish that long process of appeals and as such, the Constitution does not exist if citizens must prove its existence each and every time. It is one of the main reasons I did not want to become a lawyer, the position was way too corrupt for my liking.
richard-combs
Meanwhile, a police chief pled guilty to killing an unarmed man. He went through two mistrials so he could plead to a lesser offense of misconduct in the office and was sentenced to only one year of home confinement for murder. No one besides a police officer or government official would ever get such a deal. So I suppose if someone pushed that red button and nuked a city, the charge would be the same: misconduct in office. Hmm… seems that would apply to everyone in Washington.
In Florida, an employee at the local Arbys refused to serve a police officer. While the company had to apologize, this is reflecting a serious problem. When police protect police, they tarnish their own image for the public will paint all the police with the same brush. When a friend came here to visit from Ukraine and saw a policeman, they got tense, and tried to walk away. They were conditioned that police are just corrupt in Eastern Europe. If police do not protect the bad apples, then they will gain the trust of citizens. Closing ranks to protect the guilty only makes all police appear guilty.

Market Talk – September 2nd, 2015

Trading Community
Asia produced a mixed session for equity markets today with all majors closing in the red. Not too  much of gossip as most players digesting the ADP report, guessing China’s next move (with dealers still bidding on long end Treasuries) and second anticipating Friday Non-Frams. Europe saw a more positive note closing with small gains but it was the US market that closed 1%+ across the board.
The US Dollar benefited taking the DXY (US Dollar Index) up to 95.85 (+0.35%) with major losses coming from the Euro (-0.%). The Russian Rouble lost ground again as oil drifted closing on the day -2%. Gold had one of its quietest sessions in a long time drifting into the close at the days low $1134.
The US Treasury curve was weak but again focused on the long end (30yr). The Long Bond had quite an active day trading in a two point range – when compared to 10’s 35 cents! The TY/RX spread against Germany actually tightened again closing around +137bp. The front part of the curve was unchanged although it did drift a little on the Beige Book comments. 2/10 almost unchanged on the day closing 1bp flatter, so sadly not too much to write home about.

Socialism vs. Helping the Poor

Nerva AE Ses Modus
Above is a Roman Æ Sestertius (34mm, 22.18 g) of Nerva (AD 96—98), struck at the mint of Rome (97 AD). The reverse reads: “PLEBEI VRB[ANA]E FRVMENTO CONSTITVTO”, and pictures a modius filled with poppy and six grain ears. This demonstrates how society has ALWAYS aided the poor (plebs) for that is part of humanity.
Socialism is simply the justification to rob those who produce for the benefit of politicians, not the poor. The politicians have used the business cycle to claim that they can prevent economic declines if they have more power. With each decline, the excuse is the same: had they had more power they could have prevented the event. We are now approaching total power. There is no freedom left for they are robbing the very rights of man granted by God at the time we are born. Our freedom to be who we are is what they dislike the most. We do not need socialism to be a compassionate society. All great civilizations have taken care of the poor for no one starved in Rome until the government consumed everything before collapsing.

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