April 5, 2020 
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 By bluejay

07/04/2013  12:23PM

The 4th of July

In 1775, people in New England began fighting the British for their independence. On July 2, 1776, the Congress secretly voted for independence from Great Britain. The Declaration of Independence was first published two days later on July 4, 1776. The first public reading of the Declaration of Independence was on July 8, 1776. Delegates began to sign the Declaration of Independence on August 2, 1776.

Prior to this historic event, the King of England was severely taxing the colonies. In addition, the people of the colonies had few rights especially when British soldiers wanted entry into their homes.

What is really different today? a small elite group operating behind the curtain is doing the same thing. Their front is the Wall Street banks and, or course, those in power.Today there is growing restlessness with the people flavored with constant quoting from our Founding Fathers who entended much more for us than we have today. And then we have Homeland Security, who have amassed large supplies of bullets and armored vehicles.

Not to forget, the warrantless intrusions into our personal financial information, our emails and private? phone conversations now being stored for what?

I'm not celebrating the 4th this year as I fear the likes of the English are back.

Something doesn't smell right.
 By bluejay

06/26/2013  8:27AM

Squeeze The People

http://armstrongeconomics.com/2013/06/26/us-iron-curtain-is-coming-in-new-immigration-bill-for-all-americans/
 By bluejay

06/25/2013  2:01PM

Jim Sinclair’s Commentary

The most endangered species on the planet is the pensioner

California on the Brink: Pension Crisis About to Get Worse
By Elizabeth MacDonald
Published June 12, 2013

A growing number of key California cities are a lot worse off than previously thought, thanks to new changes coming in the way state and local governments must account for their pension costs.

The pension changes from Moody’s, and separately the Governmental Accounting Standards Board, scheduled for this month, could result in Los Angeles, San Francisco, San Jose, Azusa and Inglewood joining fiscally troubled Stockton and San Bernardino, among others, as severe credit risks. It’s all largely due to soaring employee retirement costs, according to new analysis based on the methodology by Bob Williams and his team at State Budget Solution (SBS), a non-partisan organization that studies state budget crises.

The new rules could nearly double California’s unfunded liabilities to $328.6 billion. Moreover, California cities that have already filed for bankruptcy protection, like Stockton and Vallejo, will fall deeper into the red.

Officials in these California cities did not return calls for comment.
 By bluejay

06/25/2013  1:25PM

The credits below belong to Martin Armstrong:
 By bluejay

06/25/2013  1:16PM

If you don't trust people, spy on them

British intelligence GCHQ has spied on the Transatlantic fiber optic cable grabbing ALL German e-mails and phone calls. Just what the hell is going on in this world? This is like a jealous girl/boyfriend trying to make you account for every minute you are not with them. Enough is enough! Any politician who defends this nonsense should be run out of office PERMANENTLY. There is nobody guarding the guards. There were 19 guys + perhaps a camel who attacked the World Trade Center. Government knew all about that plot 1 year in advance because the FIRST World Trade Center Bombers drew the twin towers on the wall of their cell at MCC New York on level 9 South with planes going into it one year BEFORE! I suppose that was not reliable because they didn’t have to torture them for that info. Yes the correction office was Wm Kumb and no NY Newspapers would dare report the truth – New York Times included. This is why they created Homeland Security to gather all evidence from the agencies who had the info. They don’t want to publicly acknowledge that one.

So let’s see; we need to seize everything to keep society safe when they could not stop the Boston Bombers who used cell phones. The more you seize, the long it will take to sift through everything and you will NEVER prevent an attack tomorrow. The truth? They are too busy looking for taxes and money to seize while pretending to be looking for terrorists – good one! The real formula:

Terrorists = More Power = more TAXES

http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fdeutsche-wirtschafts-nachrichten.de%2F2013%2F06%2F25%2Fvodafone-spioniert-deutsche-aus-und-kauft-nun-kabel-deutschland%2F

http://www.guardian.co.uk/uk/2013/jun/21/legal-loopholes-gchq-spy-world
 By bluejay

06/23/2013  11:12AM

Me feels that most politicians suck.

Our political governments are infested with lawyers who know how to write and prosecute laws, but are braindead when it comes to creating an economy. They have ZERO skills in the creation department This is the same disease that kills corporations. It is the entrepreneur who creates the entity from his vision (Henry Ford, Steve Jobs), but then the company is taken over by the accounts and lawyers who dominate the board. People like Steve Jobs are thrown out for they can only create, not manage. Then bureaucratic corporations, like government, are incapable of creation and this causes them to take over start-ups paying a fortune to kids who can create because the board of directors lack those skills.

Eventually, the corporation dies void of any creative skills. Government follows the same exact path to extinction. In ancient history it was called becoming Byzantine. Over-regulation to the point the cost of government was so oppressive the economy simply died. The same pattern emerged in Venice as the state wanted to own everything. When Florence because a corrupt bureaucracy, the same fate awaited it in the dawn. Genoa rotated the office of the Doge on an annual basis. That prevented an infestation of bureaucrats and allowed Genoa to outlast both Venice and Florence. Hence – term limits are ESSENTIAL!

Martin Armstrong
 By bluejay

06/18/2013  5:06PM

How to Protect The People from the NSA – Easy

Posted on June 18, 2013 by Armstrong Economics

If this whole affair is really about terrorists, then enact legislation that states no American can be prosecuted for any crime based upon any evidence obtained from the NSA. So if ANYTHING is handed to the Justice Department, SEC, CFTC, or IRS, then a citizen shall be ABSOLUTELY IMMUNE from civil or criminal prosecution.

This would be a simple solution. They listen to a phone call and call the IRS, you cannot be prosecuted civilly or criminally – you get ABSOLUTE IMMUNITY just as government prosecutors get from prosecuting innocent people.

END of debate.
 By bluejay

06/18/2013  11:08AM

Switzerland Show Some Guts At Last

Posted on June 18, 2013 by Armstrong Economics

Legislation that would have ended the Swiss banking laws and handed everything to the USA was defeated in a recent vote. The secrecy laws was put in place in 1934 to protect the Jews and Germans from Hitler who attempted the same thing making it criminal for a German to have an offshore account. The Sovereign Debt Crisis cannot be solved by even raising taxes to 120%. The politicians are desperate to hold on to power and cannot see their own destruction of the world economy is taking place because of their greed and corruption.

http://m.europe.wsj.com/articles/a/SB10001424127887324021104578552930613288170?mg=reno64-wsj
 By bluejay

06/18/2013  10:18AM

How the politicians are destroying the world economy.

http://armstrongeconomics.com/2013/06/18/icij-has-done-far-more-damage-to-the-world-economy-that-anyone-realized/
 By bluejay

06/17/2013  9:30AM

Just what we need. NOT!

The G8 this week is looking to regulate mining with new laws.

"These G8 partnerships will also stress “introducing stronger legal frameworks to regulate the extractives sector by introducing new laws that make EITI standards a legal requirement,” said the PM’s office."
 By bluejay

06/16/2013  9:07AM

No public borrowing and no career politicians. Virtually every department should be privatized to prevent state pensions. Those in government just cannot keep their fingers out of other people’s pockets – impossible! This is behind everything from the NSA to Homeland Security. Instead of reform, they are digging in their heels to defend their right to exploit your money. Government is NOT society. They are two distinct entities.
 By bluejay

06/15/2013  10:33AM

“The more corrupt the state, the more numerous the laws.” Tacitus, 56 AD–117 AD
 By bluejay

06/15/2013  9:43AM

The city of Detroit defaulted on $2.5 billion of its outstanding debt. The creditors are getting what they deserve. He who lends to government depends on the exploitation of the people to get repaid. The city’s retired city workers were also warned that significant cuts in pensions and health insurance would take place. This is the problem all governments face. They promised the moon. Then when those workers retired, they had to be replaced. The cost of government is rising exponentially and this causes higher taxes and it becomes a dog chasing its own tail. There is NO way out but collapse. The economic model upon which government has been designed post-WWII is simply braindead. Dumb and Dumber could have done a better job.

The size of government escalates and this creates a deflationary vortex through which the economy is sucked dry. There is no surviving this crisis. Politicians are desperate to cling to power so they buy tanks and guns to defend against the inevitable.

Martin Armstrong
 By bluejay

06/14/2013  6:49AM

Too many regulators?

Claimed sand and gravel operation near Placerville levied $11 million in fines
for, according to the State and county, for violations in operating a gold mine.

http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=194226&sn=Detail
 By bluejay

06/13/2013  10:53AM

California on the Brink: Pension Crisis About to Get Worse

By Elizabeth MacDonald
Published June 12, 2013

A growing number of key California cities are a lot worse off than previously thought, thanks to new changes coming in the way state and local governments must account for their pension costs.

The pension changes from Moody’s, and separately the Governmental Accounting Standards Board, scheduled for this month, could result in Los Angeles, San Francisco, San Jose, Azusa and Inglewood joining fiscally troubled Stockton and San Bernardino, among others, as severe credit risks. It’s all largely due to soaring employee retirement costs, according to new analysis based on the methodology by Bob Williams and his team at State Budget Solution (SBS), a non-partisan organization that studies state budget crises.

The new rules could nearly double California’s unfunded liabilities to $328.6 billion. Moreover, California cities that have already filed for bankruptcy protection, like Stockton and Vallejo, will fall deeper into the red.

Officials in these California cities did not return calls for
 By bluejay

06/11/2013  7:15AM

Paranoid or Conservative

Posted on June 11, 2013 by Armstrong Economics

Securing Phone Calls and Emails should no longer be for the paranoid, but good old fashion conservative business & personal practices as long as people like Feinstein pretend to represent people instead of the government institution. We have no control over her. She was sent to do “God’s Work” like Goldman Sachs.

The problem is who is their “GOD”? It sure is not the one that says treat everyone as yourself and “thous shalt not covert thy neighbor’s goods” since that is all they are ever after.

You should talk to anyone who grew up in East Germany. When the government fell, their files on everyone came out. They threatened everyone just as the USA threatens newspapers and Google – do as we direct or else. People then renovated their apartments. What they discovered were hidden microphones in everyone’s apartment. The NSA along with Feinstein and her thugs, are acting EXACTLY as in George Orwell’s 1984 where there was a picture frame in every house that monitored what they were doing. God help us, a terrorist might come over for dinner.

What is going on down there is typical. They make a lot of noise, but expect it to blow over and everyone will forget in a few weeks as usual. Most do not take this serious and Feinstein defends her spying on everyone to her dying breath. She should resign !!!!! She is a disgrace to all the people who died for this country to defend the constitution she swept away. How can you ask people to lay down their lives to defend what people like her do not respect? She is a international disgrace.

This achieve is massive. They can call up anything on any individual exactly like the Stassi. There is no difference.
 By bluejay

06/10/2013  6:31AM

Government is in your house.

http://armstrongeconomics.com/2013/06/09/it-took-the-british-press-to-defend-the-us-constitution/
 By bluejay

06/09/2013  9:06AM

Check out the most recent article written by Martin Armstrong in the linked section below.:

http://armstrongeconomics.com/2013/06/
 By bluejay

06/04/2013  9:28AM

How does this sound to you? It sounds good to me. This morning's thoughts from Martin Armstrong:

Since money is electronic and nearly 40% of government exists to extort money from the public to sustain itself, the solution can only be total reform. We must eliminate income tax, reduce the size of government dramatically as a result, collapse all regulation of any industry into a single agency, privatize virtually everything so it is far better to have private companies bidding for the job where their workers must perform and live like the rest of us without special exemptions, eliminate career politicians by creating one-term one-time one-year intervals where people from the private sector actually oversea government, no major spending or program without a real democratic vote – no representatives, do all of this and we will eliminate most lobbying and corruption since the bulk of that is for taxation.
 By bluejay

06/02/2013  12:58PM

Concerning the conspiracy to create a world order, Martin Armstrong gives us his opinion:

I have said this many times. This is just gibberish. Yes those in government try to manipulate society and the economy. They are fools and it always fails. What we face is far worse than some sinister group in absolute control. This is out of control and we are in the back seat of a car driven by a Kangaroo. There is nobody in control. They do not even comprehend how to control what they cannot understand.

I have always stood up for what is right. I would be the first screaming if there was some sinister group in control. Sorry – there is none. We are not only on our own, but we have nobody to even lead us in the right direction. We get what we vote for.

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