Jumping to Conclusions
QUESTION: Good morning Marty,
For the Solutions Conference I have to ask… if for lack of money we are to dismantle the Government’s social programs, then where is the empathy for those who in troubled times need assistance?
Adam Smith in his book The Theory of Moral Sentiment, which some say Mr. Smith considered his more important work, attempts to balance the self interests of “Wealth” with personal sympathy for a fellow citizen’s plight.
There are valid reasons that social programs were instituted, no matter how screwed up they became once in the incapable hands of government. So who takes their place? Business has shown it’s self interests are profits and that quite often comes at the expense of the middle class worker and the citizenry as a whole.
Relying on the 1%’ers has never really panned out either. The draconian characters from a Dicken’s book who believed in debtor prisons to get the riff-raff off the streets seems to be more the rule than the exception.
So are we to disavow people in times of need, or do we as a society figure out a way to meaningful help?
Best regards always,
-M”Life is what happens to you
While you’re busy making other plans”
While you’re busy making other plans”
- John Lennon
ANSWER: For any Solution to work, there cannot be a proposal that benefits only one side nor can there be some lofty idea that will never make it past the first step into the Congress. This is not some conservative right wing idea that benefits the bankers and the 1%. If this does not benefit everyone, then it will not fly. We also have to realize that trying to sell an idea that is a death sentence for politicians will never get their consent. So how are you going to get such ideas even discussed?
So don’t jump to conclusions. This is something to start the debates and END class warfare which is all about Marxist philosophy. This is all about thinking out the box. A fundamental principle that is just not even considered because the majority assume this is the way we operate is what needs to be challenged. So read before you assume and add to the debate. Trying to criticize something you have not even read is condemning us to the total collapse of the entire system for it will not survive another downturn as is.
Sources
COMMENT: Marty, you were the first to report that there was a State of Emergency in Frankfurt ahead of the media. I find this very curious for what does this say about the media?
Thank you
REPLY: We may be the most international firm ever for we have clients and readers in absolutely every nook and cranny around the globe. This has been one of the reason we have had great sources as well for people in strategic places realize two things (1) they can talk anonymously with me, and (2) they share and in return others share as well. So in the process, we have come to have a very good network. Even Margaret Thatcher asked if I could find out about an underground installation Russia was building. Even in the Movie, I reveal who was behind the Bank of New York money laundering. When it came to Buffet buying silver and the argument I had with the WSJ. They said if silver was being bought up in London, who was it. I said Buffet let me see you print it. They laughed. When the story hit the press, Buffet had to come out and say it was him. The WSJ called me back and asked – How did you know?
We have always had a cooperative around the world. This has been a team effort that people know if they contribute anonymously, they get back what they put in from others. In Ukraine, we had live people in the East who confirmed there were Russian soldiers there before the media and went up to them asking to take a picture. I clipped the person out to protect her identity.
This has always been a source that is global. There are people in every country that share a common bond of understanding. We see the world as it is and float above the political nonsense detached from the propaganda. In this way, we are all observing how the world functions and we help each other see things others cannot even begin to connect the dots.
Sure there are many who are desperate to try to poke holes in anything I write because whatever the subject might be, it clashes with what they want to believe. Those types are hopeless and will never see the whole for they are mired in their self-interest. They will never see the whole because they have a vested interest in maintaining the status quo.
So this has always been a cooperation effort. We are exploring how the world truly works for it is different in so many ways from what people would like to believe. Yet this is not about theory, this is about reality.
So welcome to the club
The Man Destroying the Republican Party
Boehner’s New Strategy: Enlist Democrats First, Not Last
The man who will split the Republican Party is none other than John Boehner. He is the Game Show Host of Politics and it is always his way or now way. The barely won the house election and that was possible only because it came the day of Mario Cuomo’s funeral which many Democrats attended. Now Boehner relies on the Democrats against his own party.
The House’s hard-core conservatives cannot win a battle to save their life. Curious though, for the first time in this new 114th Congress, Speaker John Boehner has abandoned them entirely and replaced them with Democrats. Where before he retaliated against anyone who supported Ron Paul, now he has completely disenfranchised the conservative Republicans and this confirms our computer model that for 2016, there will be the rise of a strong third party.
Boehner has now turned to what is being called a permanent “doc-fix” deal to Republicans. Here we should have Republicans in charge, but Boehner is a politician, not a fiscal conservative. He will NEVER change Washington, for he like it as is. To him – the public just has mood swings but Washington endures.
Do in the GOP-led House, Boehner is selling an entitlement change that adds tens of billions of dollars to the 10-year deficit, He knows the fiscal conservatives will vote against this idea so he is turning to the Democrats to replace the fiscal conservatives. So you see, Boehner is consistently for big government. He is not someone to lead the party no less the nation. Boehner is in bed with the House Minority Leader Nancy Pelosi and her Democrats to keep Washington safely out of the hands of fiscal conservatives. This is what I have been warning about – there ain’t no difference anymore between Republicans and Democrats. We are just screwed and a vote for either will doom the nation like never before.
Boehner even turned to Pelosi during last month’s Homeland Security Department funding standoff. He relied on 218 Republicans and Democrats to get that deal and said the hell with the fiscal conservatives. This is a guy who raised money try fund opposition against any Republican who was a fiscal conservative. He tried to flush Congress of anyone who disagreed with him. We should perhaps call him Lord Boehner for he will not listen to anyone who want to change Washington.
The split our computer has been warning about for 2016 is starting to become much more visible. Glenn Beck, the conservative/libertarian radio host and media entrepreneur, said Wednesday he is officially done with the Republican Party. “I’ve made my decision – I’m out. I’m out of the Republican Party,” Beck said on his radio show. “I am not a Republican; I will not give a dime to the Republican Party. I’m out. I highly recommend – run from the Republican Party. They are not good.”
And so it begins. When I say I have learned tremendously from our computer model since 1980, I am not joking. I seem to have created something far beyond Artificial Intelligence. This has exceeded even the capacity of human intelligence to connect all the dots on so many levels. It always astonishes me and I created it.
The Fed – Rates – Objectives
U.S. stocks rallied on Wednesday after the Federal Reserve suggested a less aggressive timeline for raising interest rates even as it opened the door for the first hike in almost a decade. The Fed has come under lobbying from other countries not to raise rates. The Fed will comply for now, but when the Dow breaks out over the 20,000 level, the Fed will start to abandon international policy objectives shifting to domestic. The Fed NEEDS to raise rates for unless they do, they realize they have no room to lower rates for a stimulus in the future. The stocks rallied on the traditional view of interest rates and that will dominate the trend until after the ECM turns.
The Fed dropped its pledge to be “patient” in deciding when to begin raising rates, but it cut its interest-rate projections over the next few years and downgraded its outlook for the U.S. economy. The dollar plunged Wednesday, falling 3 percent against the euro, after the Federal Reserve signaled it could begin raising interest rates as early as June but slashed rate projections and downgraded its outlook for the economy.
Evolutionary Process of Labor
QUESTION: Mr. Armstrong; I found your evolutionary process of labor from agriculture to skilled labor fascinating. This is indeed why unions destroy jobs rather than preserve them. They fight against the evolutionary process of labor that follows technology. So clearly skilled labor is moving constantly. What field would you recommend for one’s children?
Thank you for all your generous efforts. We have never had someone with your experience speak so honestly and freely.
JU
ANSWER: Skilled labor is shifting as always and we are moving more and more into an age of computer technology. The key is to understand programming. If if you do not desire to sit in front of a computer screen all day, it will become a basic tool like knowing how to read and write. There will never be the day where there is no manual skilled labor. The evolution of technology is limited to the developed nations where we tend to live in our little bubble. Less than 10% ever travel outside their own country so how do you expect to see the world and understand the various levels of development?
Asia will beat out the West and this is part of the shift in progress. Why? Because in the West we think linearly not cyclically where as in Asia, cycles are the basic tenet of even religion. I never had an Asian audience ever question cycles – they instantly understood and accepted that as a given.
We will never see such an age to all mental jobs in our lifetime or that of even our children. That is an evolutionary process measured in hundreds of years, not decades. Perhaps this is why the Jews had to wander in the desert for 40 years to create a new generation with new thinking. These are generational shifts. Even pilots flying prop planes during the war found that few could make the transition to jets for the reaction time had to be radically reduced. This is one reason where generational shifts are required to technology advancement. The fax machine was patented in the 1860s. It took 120 years to make it acceptable.
A plumber and a painter may not be easily replaced but a taxi-driver will eventually be replaced. Look at Uber drivers rapidly replacing taxicabs. One day probably in our lifetime they will be driven by computers for even Google is working on that. It would be great to replace judges with AI computers not subject to bribes. But all of this takes time and it can spread from one city to others. It is always the younger generations that move faster. I gave a IPad to a 2 year-old. They though I was crazy. Withing a week she was calling up Disney movies on her own.
There will be jobs that cannot be replaced like art, music, and even areas of science. They have even injected DNA nanobots into animals. This technology could even extend life. A critically ill patient will be injected with robots smaller than the head of a pin to test a new cancer treatment.
All of this put together will help to continue the evolutionary path for the economy and labor. The downside has already been seen with eliminating so many jobs that kids relied upon to earn money in high school that were invaluable in teaching work ethics. So the world ahead may find its own dark age as unemployment rises if unskilled labor cannot cope with the evolutionary process. The solution before – war to thin the herd.
The skills are never going to be equal and there will never be a totally technology age. Even in ancient Rome, the further you moved from the center, the more primitive it became. We have that today. Those in cities would starve for they know nothing about growing food etc. The city dweller may be at the head of technology, but they are also the first to crash and burn in the decline for they leave behind important basic knowledge. Ask yourself, do you know the phone number of everyone you call? I have a BMW with all the gadgets. The light come on automatically to the point I do not need a key to get in or start the car. When I have to rent a car someplace, I suddenly see how dependent I have become on that technology. As we advance, we leave behind skills that we still really need.
So look to technology, but do not forget your basic engineering skills. Develop both. The top jobs will be in computer skills, but you still need to understand what you are programming about.
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