Obama Needs to be Impeached – He Has Lost His Mind If There Ever Was One
Obama seriously needs to be impeached. Just when you thought it couldn’t possibly get worse – it just did! He has attempted to block Russia from the world economy as a whole removing them from the SWIFT system entirely! He is totally insane and this would warrant World War III and quite frankly one could not blame Russia. Someone has to do something about Obama. He has gone too far and his conspirator Christine LaGarde has been threatening all tax havens that they will be removed from the SWIFT system if they do not give up all foreign accounts.
The international payments financial organization SWIFT has refused to cut off Russia from all international financial flows. The organization announced that they have received appropriate policy prompts. However, it would not be forced to violate laws by Obama. The incident shows that Obama is operating behind the curtain far beyond his constitutional power and Congress needs to immediately call hearings and distance itself from Obama.
I am by no means being political here. This is a serious violation of international law and it should NOT be tolerated in the least. I cheer the SWIFT organization – enough is enough and expose Obama to the world.
Free Handouts Always Invoke a Behavior Change
Animals are not stupid. Even a bird will respond to free food and trust you to come close. Here I am feeding a bird willing to fly up to me because I have free food. Humans are no different. Like the bird that trusted me, humans trust government to be there as well. What happens when the free food runs out?
Many people have asked who are the buyers at the bottom of a recession/depression that turn the economy. In markets, that has been the short-player forced to cover. In the economy our studies reveal two groups that the West have targeted the most and will not be there in force this time. This is part of the reason the next decline will be worse.
The two groups are:
(1) The elderly. They have retired and lived off their savings and thus they will buy still at the bottom and help out their families. With virtual zero to negative interest rates, these people have been completely wiped out. Look at stores at Christmas. I saw no kids this year behind counters – it was all the grey elderly crowd trying to make ends meet.
(2) The rich – and I do not mean the people who just occupy what the banks own and live from payment to payment. The real rich who have enough cash to weather storms. They typically do not change their lifestyle – only their investments. They still go out to diner, travel, and vacation.
These two groups have often been immune from the economic declines. This time, they have both been targeted by the hair-brain idea of forcing their income to zero to help banks and hunt the rich to tax in order to help government deficits that are beyond hope.
Meanwhile, feed the birds everyday and they forget how to find food on their own. Humans are the same. In the West, people have depended on government and do not even know how to survive without them. Behind the old iron curtain, people fend more for themselves and do not believe in government. This is what the people who kept claiming Ukraine was just a CIA plot could not understand. You do not get that many people out in the streets by some plot, Government only wished it had such power.
Even in China, the people who have bought gold are no different from the attitudes in Ukraine. You have to have your own because you just cannot trust government. They do not listen to the hyperinflationists or those who claim paper gold is why it does not rise yet futures contracts exist also in Palladium. It is entirely a different attitude where in the West the people trust government as a whole that the goldbugs cannot move and in former communist governments the people have the exact opposite view.
We face some hard times ahead because we in the West trust government way too much and they are failing before our eyes. They will attack the people and scream along with yelling before they will ever give up the slight grain of power. They never see the problem is them – it is always We the People. We can survive this if we at least understand what is happening.
Obama is Out of Control
The United States is wagging its finger at Zimbabwe, threatening to ratchet up sanctions over a plan to develop a platinum mine involving Russian and Zimbabwean companies. Obama is attempting to impose his own rule of law over the entire world – my way or highway. He has no such constitutional authority and this is the guy who misses most of his daily briefings as Fox News reported, and countless others.
I am not kidding. This is precisely how Athens fells. It dictated to all its allies and one by one they turned against Athens and joined Sparta. Sparta was a virtual communist state and Athens was a state in a battle swinging back and forth between oligarchs and democracy,
Obama – a Real Lame Duck who tries to Rule the World like his Children – I will cut off your allowance and go to your room!
Russia is rising and Obama is the direct cause of handing power to Russia in the EXACT same manner as we saw the fall of Athens. Piss-off all your allies and they then turn against you and joining your enemy. Your enemy is my friend – as the saying goes. Putin is way smarter than Obama. He has adopted the words of Abraham Lincoln, you destroy and enemy by making him your friend. Since he cannot do that with Obama, he is doing it with everyone around him. Putin is a master chess player – Obama may not even be capable of checkers.
Joe Biden is great for saying things he shouldn’t. Now Biden in a boast admitted publicly that the Americans have for the first time have forced the EU and Merkel against their will to sanction Russia. Joe Biden said that Obama has insisted that the EU take into account economic damage to punish the Russians. The Biden’s remarks make clear that Angela Merkel and her EU colleagues have followed the instructions of Obama against the self-interests of their own people. In Germany, this is having a serious impact for Merkel’s words of the free self-determination sound more like just political bullshit.
No in the parliamentary elections that took place in Latvia, the Pro-Russian party Harmonywon with 23.3% – the most votes of any party. Nevertheless, a change of government is, however, unlikely. Russia can thank Obama’s sanctions for more and more countries and regions are turning to Russia.
Previously ruling center-right coalition in Latvia of Prime Minister Laimdota Strsujuma coming together to almost 58 percent of the vote so there will be no real change. Nonetheless, we are seeing the rising trend in support of Russia around the globe.
Iran has rejected sending exports of energy to Europe. President Rouhani said Iran did not have enough gas to allow it to export to the EU. Tehran has since been living with sanctions of the West and therefore seeking an alliance with Moscow. Another great failure of sanctions.
Putin is gaining support in China, Middle East, and even making friends in South America. All Obama can do is sanction people trying to run the world like managing children, but Putin refuses to go to his room. So now what comes next – a spanking? Obama will never back off of sanction because then he has to admit he has been wrong. Nevertheless, domestic confidence in Obama is at record lows. The Republican pray he comes to their state to try to support the local democrat. The association with Obama is becoming disaster.
Palladium – To Be or Not to Be
QUESTION: Marty: You said palladium would lead due to short supply and then crash when people least expected with the ECM. Has that happened?
Thanks
BK
ANSWER: Yes. Palladium was rallying on the fundamentals of a short supply. But then there is the demand side. It peaked on September 2nd with the turn in the ECM. This is a brief retreat, Nonetheless, palladium was leading the metals and giving hope to the rest. It too had to move through the cycle inversion process. It will align with the rest of the metals.
The Last Straw in a Dying Form of Government
As part of the cycle as government prepare to die, the rule of law is attacked. To cling to life, they beginning denying dissent. We are seeing that with water cannons that bring back terrible memories to the Spanish during their revolution. Now the British governmentparty has announced to ban “democracy-hostile” persons access to social networks. This follows on the heels of the corrupt Scottish vote. They call people who are against their vote being denied anti-democratic because they refuse to accept the fake vote in Scotland. Just as “terrorist” have been the excuse to seize all information on the movement of money, strip Americans of the entire constitution because everyone might be a terrorist who is defined as anyone against government who need not have a nation or army behind them, now we see the expansion of these concepts to the defense of democracy that we do not even have.
The British government will now create “black lists” with names of extremists who are against the pretend democracies that are in existence. I have said it before, all we have are republics with career politicians who “represent” the people. Democracy is where the people actually vote and represents themselves.
Also, any public appearances and protests should be banned with these people involved. This is clearly against the right to protest and it illustrates the entire problem of government. The riots in Italy shook the ECB. They realize there is a serious problem and they cannot stop the economic implosion nor will they consider any possibility that they are wrong. How did Ronald Reagan become so popular? When the ideas grew stale, he changed his cabinet. He was never a lame-duck as Obama. Obama is a Marxist at heart and this is what those people do – then they cling to theory with their last breadth swearing they are right.
The British denial of free speech comes days after the riots in Italy against the ECB. They know what is happening. I am very said to see this. Even Margaret Thatcher understood that this was the last-straw of a failed government.