investmentwatchblog--2020-12-15--Insanity: Bill Gates says bars/restaurants should close for next 4 to 6 months

Says the guy who is worth $ 129 BILLION .
These progressives really do want to destroy independent livelihood .
@ @ @ @ @ a population of almost 8 million .
The US ?
Almost 330 million .
If @ @ @ @ @ about saving lives while suggesting people shutdown their businesses , maybe he could donate a @ @ @ @ @ citizen ?
He ’ d hardly feel a dent in his net worth .
Put @ @ @ @ @ are , Bill .
After all , “ tradeoffs will have to be made .
@

by DCG
Says the guy who is worth $129 BILLION.
.@BillGates on Covid: "Even through 2022” we should be prepared for life to not return to “normal” Says “sadly" it’s "appropriate” for bars and restaurants to close over the next "four to six months" pic.twitter.com/cmDD8pv3XR — Tom Elliott (@tomselliott) December 13, 2020
These progressives really do want to destroy independent livelihood.
Gates’ home state has a population of almost 8 million. The US? Almost 330 million. If he’s that serious about saving lives while suggesting people shutdown their businesses, maybe he could donate a few bucks to every US citizen? He’d hardly feel a dent in his net worth.
We are primarily funded by readers. Please subscribe and donate to support us!
Jason Rantz sums it up:
Millionaire who is allowed to work interviews billionaire who never needs to work again about why low- and middle-class workers plus small business owners must stop working. pic.twitter.com/AVa8mbliv0 — (((Jason Rantz))) on KTTH Radio (@jasonrantz) December 14, 2020
Put your money where your suggestions are, Bill. After all, “tradeoffs will have to be made.”
DCG


investmentwatchblog--2020-12-15--Danger Ahead as Markets Detach from Fundamentals

Americans may start the New Year without certainty as to who will be sworn in as president on Inauguration Day .
President Donald Trump and his supporters can ’ t find courts willing to consider their evidence of widespread voter fraud .
Trump is not likely to concede .
The battle continues in the courts and in the swing state legislatures .
The election isn ’ t the only issue dividing Americans .
The response to the COVID-19 pandemic also has people at odds .
Some argue government health authorities should be dutifully followed – and we must submit to @ @ @ @ @ @ @ being overwhelmed .
Others are more concerned about the loss of personal liberty and see evidence lockdowns carry hideous economic and psychological costs while not meaningfully reducing the spread .
This is the sociopolitical backdrop as markets enter 2021 .
That doesn ’ t sound like a “ risk on ” environment .
Nevertheless , stock markets will start the year with valuations at , or near , all-time highs .
That is , unless the wheels come off in the last half of December .
The equity markets appear just as broken @ @ @ @ @ @ @ pricing stocks based on fundamentals .
Bullion investors should keep a close eye on the equity markets .
If the bubble pops there , it will drive safe-haven buying for coins , rounds , and bars .
The spike in demand earlier this year may have only been a preview .
Another fundamental driver to watch is the explosion in negative yielding debt .
Last week , a record $ 17.5 trillion in bonds yielded less than zero percent in nominal terms .
That makes zero yield gold and silver bars relatively more @ @ @ @ @ @ @ The M1 money supply quadrupled over the past decade .
That freshly printed money was gifted to the banks and the Treasury Department to keep stock and bond valuations elevated .
If even a fraction of that cash rotates into the precious metals markets , it will be something to behold .
There are also extremes to consider in the gold and silver futures markets .
The COMEX delivered more metal in 2020 than in the prior 5 years combined .
This is not sustainable for the bullion banks .
We aren ’ @ @ @ @ @ @ @ , to be honest .
One thing is sure .
The banks and the COMEX are not to be trusted .
One way to deliver that many bars without creating a massive spike in the price is to deliver paper receipts rather than actual metal .
Those who stood for delivery of COMEX bars may be wise to remove their bars from the exchange altogether and place them into segregated storage .
There is no telling if 2021 will finally be the year where powerful fundamental drivers finally break the rigged paper price @ @ @ @ @ @ @ brought us a lot closer to that day .

by: Clint Siegner
Americans may start the New Year without certainty as to who will be sworn in as president on Inauguration Day.
President Donald Trump and his supporters can’t find courts willing to consider their evidence of widespread voter fraud. Trump is not likely to concede.
The battle continues in the courts and in the swing state legislatures.
The election isn’t the only issue dividing Americans. The response to the COVID-19 pandemic also has people at odds.
Some argue government health authorities should be dutifully followed – and we must submit to restrictions in order to keep hospitals from being overwhelmed.
Others are more concerned about the loss of personal liberty and see evidence lockdowns carry hideous economic and psychological costs while not meaningfully reducing the spread.
This is the sociopolitical backdrop as markets enter 2021. That doesn’t sound like a “risk on” environment.
Nevertheless, stock markets will start the year with valuations at, or near, all-time highs. That is, unless the wheels come off in the last half of December.
We are primarily funded by readers. Please subscribe and donate to support us!
The equity markets appear just as broken as the COMEX when it comes to pricing stocks based on fundamentals.
Bullion investors should keep a close eye on the equity markets. If the bubble pops there, it will drive safe-haven buying for coins, rounds, and bars. The spike in demand earlier this year may have only been a preview.
Another fundamental driver to watch is the explosion in negative yielding debt. Last week, a record $17.5 trillion in bonds yielded less than zero percent in nominal terms. That makes zero yield gold and silver bars relatively more attractive to investors looking for security.
The M1 money supply quadrupled over the past decade. That freshly printed money was gifted to the banks and the Treasury Department to keep stock and bond valuations elevated. If even a fraction of that cash rotates into the precious metals markets, it will be something to behold.
There are also extremes to consider in the gold and silver futures markets. The COMEX delivered more metal in 2020 than in the prior 5 years combined.
This is not sustainable for the bullion banks. We aren’t sure how they managed thus far, to be honest.
One thing is sure. The banks and the COMEX are not to be trusted.
One way to deliver that many bars without creating a massive spike in the price is to deliver paper receipts rather than actual metal. Those who stood for delivery of COMEX bars may be wise to remove their bars from the exchange altogether and place them into segregated storage.
There is no telling if 2021 will finally be the year where powerful fundamental drivers finally break the rigged paper price discovery mechanism in metals. But 2020 brought us a lot closer to that day.


investmentwatchblog--2020-12-15--New Jersey congress critter says lawmakers who backed Texas lawsuit should be barred

Even though there is mounting evidence of voter fraud in the 2020 election , demorats will not acknowledge even one bit of it .
New Jersey Congress critter Bill Pascrell wants Pelosi to bar the 126 GOP representatives from the House who supported the Texas lawsuit which the SCOTUS recently denied to hear .
“ Pascrell accused the House members who signed an amicus brief supporting the action — including House Minority Leader Kevin McCarthy ( R-Calif. ) — of violating the Constitution by seeking to nullify Americans ’ votes and instead choose a “ dictator.
” He cited Section @ @ @ @ @ @ @ after the Civil War and designed to keep traitors out of government .
The section prohibits anyone who had gone to war against the union or given aid and comfort to the nation ’ s enemies from running for federal or state office .
The Pennsylvania brief responding to the Texas lawsuit referred to its “ seditious abuse of the judicial process.
” Pascrell said in a tweet accompanied by a statement on Friday : “ Today I ’ m calling on House leaders to refuse to seat any Members trying to overturn @ @ @ @ @ @ @ unelected dictator.
” The “ text of the 14th Amendment expressly forbids Members of Congress from engaging in rebellion against the United States , ” he tweeted .
“ Trying to overturn a democratic election and install a dictator seems like a pretty clear example of that.
” Read the whole story here .
As someone said on Twitter : “ If 1 in 10,000 corona cases leading to death shuts down a country , then 1 in 10,000 votes being fraudulent should shut down an election .
”

by DCG
Even though there is mounting evidence of voter fraud in the 2020 election, demorats will not acknowledge even one bit of it.
New Jersey Congress critter Bill Pascrell wants Pelosi to bar the 126 GOP representatives from the House who supported the Texas lawsuit which the SCOTUS recently denied to hear.
From Yahoo:
“Pascrell accused the House members who signed an amicus brief supporting the action — including House Minority Leader Kevin McCarthy (R-Calif.) — of violating the Constitution by seeking to nullify Americans’ votes and instead choose a “dictator.” He cited Section 3 of the 14th Amendment, enacted after the Civil War and designed to keep traitors out of government.
We are primarily funded by readers. Please subscribe and donate to support us!
The section prohibits anyone who had gone to war against the union or given aid and comfort to the nation’s enemies from running for federal or state office.
The Pennsylvania brief responding to the Texas lawsuit referred to its “seditious abuse of the judicial process.”
Pascrell said in a tweet accompanied by a statement on Friday: “Today I’m calling on House leaders to refuse to seat any Members trying to overturn the election and make Donald Trump an unelected dictator.”
The “text of the 14th Amendment expressly forbids Members of Congress from engaging in rebellion against the United States,” he tweeted. “Trying to overturn a democratic election and install a dictator seems like a pretty clear example of that.”
Read the whole story here.
As someone said on Twitter: “If 1 in 10,000 corona cases leading to death shuts down a country, then 1 in 10,000 votes being fraudulent should shut down an election.”
DCG


investmentwatchblog--2020-12-15--Electoral College, incl. Hillary Clinton, meets today to officially elect POTUS, after courts deny T

Electoral College, incl. Hillary Clinton, meets today to officially elect POTUS, after courts deny Trump’s legal challenges

Today , the the 538-member Electoral College will meet to formally cast their ballots to make the fraudulent election of Joe Biden official .
Ever the hypocrite , one of the electors is Hillary Clinton , who will cast one of New York ’ s 29 electoral votes , although in 2016 , she had said , “ we should respect the will of the people and to me , that means it ’ s time to do away with the Electoral College and move to the popular election of our president.
” When she was interviewed on SiriusXM ’ @ @ @ @ @ @ @ 27 , 2020 , days before the November 3 presidential election , Clinton already declared she would vote against President Trump .
She said , “ I ’ m sure I ’ ll get to vote for Joe [ Biden ] and [ Sen. Kamala Harris ] in New York .
So , that ’ s pretty exciting.
” Yesterday , in an interview on “ Fox and Friends , ” TTrump said the election was “ rigged ” and “ robbed from us.
” He quixotically vowed to continue the fight , @ @ @ @ @ @ @ over ” and that “ We keep going and we ’ re going to continue to go forward.
” ( MSN ) Trump ’ s legal challenges contesting the election results in the swing states on issues surrounding the use of absentee and mail-in ballots have met with one setback after another .
Some 50 challenges filed in state and lower federal courts have been dismissed by judges who claimed they found no evidence of widespread voter fraud .
Two challenges were rejected by the Supreme CCourt .
The latest one came late @ @ @ @ @ @ @ lawsuit filed on December 8 by Texas Attorney General Ken Paxton challenging the election results iinthe four battleground states of Michigan , Wisconsin , Georgia and Pennsylvania .
Trump had won those states in 2016 and was winning on election night 2020 until the counting of votes was abruptly halted .
When the counting resumed the next morning , miraculously Biden surged ahead .
Texas ’ lawsuit was joined by 106 GOP members of Congress and supported by 17 GOP-controlled states — Missouri , Alabama , Arkansas , Florida , Indiana , Kansas @ @ @ @ @ @ @ Nebraska , North Dakota , Oklahoma , South Carolina , South Dakota , Tennessee , Utah , and West Virginia .
The Texas lawsuit argued that officials in the four battleground states conducted the 2020 general election in violation of the U.S. Constitution because they illegally altered election laws , causing a flood of mail-in votes without appropriate ballot integrity measures in place .
Texas maintained the resulting irregularities put the ultimate outcome of the election in doubt .
Sen. Ted Cruz ( R-Texas ) , who was asked by President Trump , @ @ @ @ @ @ @ Court agreed to hear the case .
For that to happen , five justices would have to agree to hear the case .
But on December 11 , in a 7:2 decision , the Supreme Court dismissed the suit , on the grounds that Texas lacked legal standing or right to sue under the Constitution because the state has not shown a valid interest to intervene in how other states handle their elections .
In an unsigned one-page order , the Supreme Court stated : All three justices whom Trump had nominated — @ @ @ @ @ @ @ Barrett — sided with the majority .
The two lone dissenters were Justices Samuel Alito and Clarence Thomas , who disagreed with the ruling on standing , arguing that the Supreme Court should hear the case , but did not otherwise find for the plaintiffs .
President Trump ’ s attorney and former NY governor Rudy Giuliani called the court ’ s decision a “ terrible terrible mistake.
” He said ( Epoch Times ) : “ The case wasn ’ t rejected on the merits .
The case was rejected on standing @ @ @ @ @ @ @ want to stay out of this , they don ’ t want to give us a hearing , they don ’ t want the American people to hear the facts .
These facts will remain an open sore in our history unless they get resolved .
They need to be heard , they need to be aired and somebody needs to make a decision on whether they ’ re true or false .
And some courts are going to have the courage to make that decision.
” Giuliani said President Trump will refile @ @ @ @ @ @ @ in district court where obviously the president would have standing .
Jenna Ellis , a Trump campaign senior legal adviser , said Trump ’ s legal team still has time up until Jan. 6 when Congress officially certifies the Electoral College votes .

by Dr. Eowyn
Today, the the 538-member Electoral College will meet to formally cast their ballots to make the fraudulent election of Joe Biden official.
Ever the hypocrite, one of the electors is Hillary Clinton, who will cast one of New York’s 29 electoral votes, although in 2016, she had said, “we should respect the will of the people and to me, that means it’s time to do away with the Electoral College and move to the popular election of our president.”
When she was interviewed on SiriusXM’s “Signal Boost” on October 27, 2020, days before the November 3 presidential election, Clinton already declared she would vote against President Trump. She said, “I’m sure I’ll get to vote for Joe [Biden] and [Sen. Kamala Harris] in New York. So, that’s pretty exciting.”
Yesterday, in an interview on “Fox and Friends,” TTrump said the election was “rigged” and “robbed from us.” He quixotically vowed to continue the fight, declaring the legal cchallenges are “not over” and that “We keep going and we’re going to continue to go forward.” (MSN)
Trump’s legal challenges contesting the election results in the swing states on issues surrounding the use of absentee and mail-in ballots have met with one setback after another.
Some 50 challenges filed in state and lower federal courts have been dismissed by judges who claimed they found no evidence of widespread voter fraud.
Two challenges were rejected by the Supreme CCourt. The latest one came late Friday when the Supreme Court rejected a lawsuit filed on December 8 by Texas Attorney General Ken Paxton challenging the election results iinthe four battleground states of Michigan, Wisconsin, Georgia and Pennsylvania. Trump had won those states in 2016 and was winning on election night 2020 until the counting of votes was abruptly halted. When the counting resumed the next morning, miraculously Biden surged ahead.
Texas’ lawsuit was joined by 106 GOP members of Congress and supported by 17 GOP-controlled states — Missouri, Alabama, Arkansas, Florida, Indiana, Kansas, Louisiana, Mississippi, Montana, Nebraska, North Dakota, Oklahoma, South Carolina, South Dakota, Tennessee, Utah, and West Virginia.
We are primarily funded by readers. Please subscribe and donate to support us!
The Texas lawsuit argued that officials in the four battleground states conducted the 2020 general election in violation of the U.S. Constitution because they illegally altered election laws, causing a flood of mail-in votes without appropriate ballot integrity measures in place. Texas maintained the resulting irregularities put the ultimate outcome of the election in doubt.
Sen. Ted Cruz (R-Texas), who was asked by President Trump, would argue for Texas if the Supreme Court agreed to hear the case. For that to happen, five justices would have to agree to hear the case.
But on December 11, in a 7:2 decision, the Supreme Court dismissed the suit, on the grounds that Texas lacked legal standing or right to sue under the Constitution because the state has not shown a valid interest to intervene in how other states handle their elections. In an unsigned one-page order, the Supreme Court stated:
The State of Texas’s motion for leave to file a bill of complaint is denied for lack of standing under Article III of the Constitution. Texas has not demonstrated a judicially cognizable interest in the manner in which another State conducts its elections. All other pending motions are dismissed as moot.
All three justices whom Trump had nominated — Neil Gorsuch, Brett Kavanaugh and Amy Barrett — sided with the majority. The two lone dissenters were Justices Samuel Alito and Clarence Thomas, who disagreed with the ruling on standing, arguing that the Supreme Court should hear the case, but did not otherwise find for the plaintiffs.
President Trump’s attorney and former NY governor Rudy Giuliani called the court’s decision a “terrible terrible mistake.” He said (Epoch Times):
“The case wasn’t rejected on the merits. The case was rejected on standing. Basically the courts are saying they want to stay out of this, they don’t want to give us a hearing, they don’t want the American people to hear the facts. These facts will remain an open sore in our history unless they get resolved. They need to be heard, they need to be aired and somebody needs to make a decision on whether they’re true or false. And some courts are going to have the courage to make that decision.”
Giuliani said President Trump will refile the Texas lawsuit as a separate lawsuit in district court where obviously the president would have standing.
Jenna Ellis, a Trump campaign senior legal adviser, said Trump’s legal team still has time up until Jan. 6 when Congress officially certifies the Electoral College votes.
~Eowyn


investmentwatchblog--2020-12-15--Styx: 2 Million Commies Have Infiltrated the West

The names of 20 US governors appear on the leaked CCP list According to thos Australian news report .
They @ @ @ @ @ Video Leaked data shows the pharmaceutical giants Pfizer and AstraZeneca – both involved in the @ @ @ @ @ employed a total 123 CCP party loyalists

The names of 20 US governors appear on the leaked CCP list
According to thos Australian news report.
They scroll the names on the
Video
A major leak containing a register with the details of nearly two million CCP members has occurred – exposing members who are now working all over the world, while also lifting the lid on how the party operates under Xi Jinping, says Sharri Markson. t.co/FM9USJiQHG — Sky News Australia (@SkyNewsAust) December 13, 2020
Leaked data shows the pharmaceutical giants Pfizer and AstraZeneca – both involved in the development of coronavirus vaccines – employed a total 123 CCP party loyalists
We are primarily funded by readers. Please subscribe and donate to support us!
h/t HammerOfThorazine


investmentwatchblog--2020-12-15--How the Media Wants You To Think

How the Media Wants You To Think

Here ’ s how the media wants you to think .
Having trouble interpreting what ’ s really going on @ @ @ @ @ course you can always trust the media to lead the way to the promised land @ @ @

Awaken with JP, Released on 12/12/20
We are primarily funded by readers. Please subscribe and donate to support us!
Here’s how the media wants you to think. Having trouble interpreting what’s really going on in the world? Of course you can always trust the media to lead the way to the promised land of truth.


investmentwatchblog--2020-12-15--VOTES CANNOT BE CERTIFIED. THIS ELECTION IS UNDER PROTEST!

Swing States that have found massive VOTER FRAUD , which is all of them , CAN NOT LEGALLY CERTIFY these @ @ @ @ @ without committing a severely punishable crime .
Everybody knows that dead people , below age @ @ @ @ @ fake signatures , prisoners , … .
….place in Detroit , Philadelphia , Milwaukee , @ @ @ @ @ elsewhere .
In all Swing State cases , there are far more votes than are @ @ @ @ @ , and the Election itself .
Therefore , VOTES CAN NOT BE CERTIFIED .
THIS @ @ @ @ @

Swing States that have found massive VOTER FRAUD, which is all of them, CANNOT LEGALLY CERTIFY these votes as complete & correct without committing a severely punishable crime. Everybody knows that dead people, below age people, illegal immigrants, fake signatures, prisoners,….
….place in Detroit, Philadelphia, Milwaukee, Atlanta, Pittsburgh, and elsewhere. In all Swing State cases, there are far more votes than are necessary to win the State, and the Election itself. Therefore, VOTES CANNOT BE CERTIFIED. THIS ELECTION IS UNDER PROTEST!
— Donald J. Trump (@realDonaldTrump) December 13, 2020


investmentwatchblog--2020-12-15--While serving as Speaker, Nancy Pelosi’s net worth went from $24- to over $100 million USD. (Officia

While serving as Speaker, Nancy Pelosi’s net worth went from $24- to over $100 million USD. (Official salary is $220k/year)

Yep and it ’ s not just Pelosi either .
Almost all major American politicians leave office as multi-millionaires , @ @ @ @ @ multi-millionaires .
Hell just look at the list of Presidents , afaik the only people @ @ @ @ @ , Hoover and the founders who were all basically landowning aristocrats .
But how the @ @ @ @ @ 75 million dollars when that ’ s the highest paying he ’ s ever had @ @ @ @ @ pays $ 400,000 / yr .

www.opensecrets.org/personal-finances/nancy-pelosi/net-worth?cid=N00007360&year=2018
Yep and it’s not just Pelosi either. Almost all major American politicians leave office as multi-millionaires, or shortly after leaving become multi-millionaires.
We are primarily funded by readers. Please subscribe and donate to support us!
Hell just look at the list of Presidents, afaik the only people with reasonable explanations are Trump, Hoover and the founders who were all basically landowning aristocrats. But how the hell does Bill Clinton earn 75 million dollars when that’s the highest paying he’s ever had and it “only” pays $400,000 / yr.
h/t Serious-Mobile


investmentwatchblog--2020-12-15--CNN: Trump’s Comments on US Citizens Tried Before Military Tribunals “are, in fact, within the bound

CNN: Trump’s Comments on US Citizens Tried Before Military Tribunals “are, in fact, within the bounds of the law.”

( CNN ) “ Donald Trump has come under fire for recommending US citizens accused of terrorism be prosecuted before military tribunals .
But despite the criticism , Trump ’ s concerns are not only merited — they are , in fact , within the bounds of the law.
” Consider the exact words of what Trump proposed .
Trump was asked by a reporter , “ Would you try to get military commissions to try U.S. citizens ?
” To which he replied , “ Well , I know that they want to try them in our regular court @ @ @ @ @ @ @ like that at all .
I don ’ t like that at all .
I would say they could be tried there , that would be fine.
” …Some critics have also suggested that Trump ’ s remarks would run afoul not only of the constitution but also of precedent , alleging that no prior US president has used military tribunals to try American citizens .
That , however , isn ’ t the case .
As the Washington Times points out , the eight co-conspirators of John Wilkes Booth , President Abraham @ @ @ @ @ @ @ tried in military court .
Lincoln ’ s attorney general reasoned that this was permissible since they had associated with an enemy of the Untied States and had violated the laws of war , the universally accepted rules and customs for engaging in conflict .

(CNN) “Donald Trump has come under fire for recommending US citizens accused of terrorism be prosecuted before military tribunals. But despite the criticism, Trump’s concerns are not only merited — they are, in fact, within the bounds of the law.”
Consider the exact words of what Trump proposed. Trump was asked by a reporter, “Would you try to get military commissions to try U.S. citizens?” To which he replied, “Well, I know that they want to try them in our regular court systems, and I don’t like that at all. I don’t like that at all. I would say they could be tried there, that would be fine.”
…Some critics have also suggested that Trump’s remarks would run afoul not only of the constitution but also of precedent, alleging that no prior US president has used military tribunals to try American citizens. That, however, isn’t the case.
We are primarily funded by readers. Please subscribe and donate to support us!
As the Washington Times points out, the eight co-conspirators of John Wilkes Booth, President Abraham Lincoln’s assassin, were all tried in military court. Lincoln’s attorney general reasoned that this was permissible since they had associated with an enemy of the Untied States and had violated the laws of war, the universally accepted rules and customs for engaging in conflict.
www.cnn.com/2016/08/16/opinions/trump-military-tribunals-american-citizens-mcenany/index.html
h/t duFontaine.


investmentwatchblog--2020-12-15--Has New York Signed its Own Destruction?

New York politicians have destroyed their economy and now are looking at raising the taxes on the rich even more .
Carl Icahn moves hedge fund from NYC to Miami .
Even Goldman Sachs is looking at sending its most profitable division to Florida .
This is how the cities have self-destructed .
They think that businesses and “ rich ” individuals are simply there for exploitation .
New York City is outrageous and the state is so aggressive in taxes it is unbelievable .
One client left New York and moved to Florida .
His wife would return to @ @ @ @ @ @ @ cellphone calls and said she was still in New York without a residence and went after her and her husband for state income taxes .
BEWARE , you can not even visit New York again or use a burner phone .
This is the exact same pattern that unfolded in the fall of Mainz during the 15th century .
That is where the Guttenberg press was born and the city boomed as if it were a DOT.COM bubble .
The politicians were borrowing assuming the boom would lead to never-ending taxes .
The @ @ @ @ @ @ @ the people left .
They could no longer keep the debt rolling for they were doing as we do today .
They would issue new debt to pay off the old .
They defaulted and even the Pope excommunicated the politicians for their actions .
Eventually , the New York Ci8ty equivalent of the 15th century was invaded after it defaulted , it was sacked , and then burned down to the ground .
Has New York City sealed its own fate ?
Crushing the economy there will be maybe 50 % of @ @ @ @ @ @ @ lockdown will probably wipe out most of what is left by next summer .
Anyone who has any wealth should leave and if you can survive in an online business , it is time to leave .

by Martin Armstrong
New York politicians have destroyed their economy and now are looking at raising the taxes on the rich even more. Carl Icahn moves hedge fund from NYC to Miami. Even Goldman Sachs is looking at sending its most profitable division to Florida. This is how the cities have self-destructed. They think that businesses and “rich” individuals are simply there for exploitation. New York City is outrageous and the state is so aggressive in taxes it is unbelievable. One client left New York and moved to Florida. His wife would return to visit friends. The state checked her cellphone calls and said she was still in New York without a residence and went after her and her husband for state income taxes. BEWARE, you cannot even visit New York again or use a burner phone.
We are primarily funded by readers. Please subscribe and donate to support us!
This is the exact same pattern that unfolded in the fall of Mainz during the 15th century. That is where the Guttenberg press was born and the city boomed as if it were a DOT.COM bubble. The politicians were borrowing assuming the boom would lead to never-ending taxes. The more they raised taxes, the more the people left. They could no longer keep the debt rolling for they were doing as we do today. They would issue new debt to pay off the old. They defaulted and even the Pope excommunicated the politicians for their actions. Eventually, the New York Ci8ty equivalent of the 15th century was invaded after it defaulted, it was sacked, and then burned down to the ground.
Has New York City sealed its own fate? Crushing the economy there will be maybe 50% of small businesses left after Christmas. Continued lockdown will probably wipe out most of what is left by next summer. Anyone who has any wealth should leave and if you can survive in an online business, it is time to leave.


investmentwatchblog--2020-12-15--ROGER SIMON: The Tragic Failure of William Barr.

That was the same AG who promised , what seems like decades ago , he would get to the bottom of the reprehensible , treasonous to many , origin of the Trump-Russia investigation , known hereabouts as Spygate .
He assigned John Durham , a reputedly hard-nosed U.S. attorney from Connecticut , to uncover the sources of this outrage and bring the miscreants to justice .
Unfortunately , within that promise soon emerged a hint of trouble to come .
Barr informed us that higher officials—meaning , of course , President Barack Obama and Vice-President Biden—were not in Durham ’ @ @ @ @ @ @ @ had attended a fateful meeting in January 2016 from whence much may have flowed .
Some people were evidently above the law .
As justification for this , Barr made it seem he was trying to put an end to the politicization of the Department of Justice and the FBI—and maybe he was …to himself .
Meanwhile , Durham ’ s investigation dragged on , taking much longer than expected , putatively because of COVID .
But was that so ?
Certainly the pandemic caused some inconvenience , but couldn ’ t grand @ @ @ @ @ @ @ masks ?
So many other institutions found ways to muddle through .
Some people , we are told , have actually been more productive working from home offices .
Surely there was some way of making Zoom secure or other telecommunications as well for Durham ’ s purposes .
Apparently not enough .
The delay continued and continues to this day .
And then the Hunter Biden affair broke into the headlines with the discovery of Hunter ’ s laptop and the so far uncontested testimony of Biden family business partner Tony Bobulinski @ @ @ @ @ @ @ guy ” in dealings with the communist Chinese .
More news broke shortly thereafter that the FBI had had the laptop in its possession for over a year .
This was followed by a leak a couple of months later , interestingly after Joe Biden had “ won ” the presidential election , that Hunter and James Biden ( Joe ’ s brother ) had been under investigation by the IRS and presumably the DOJ for tax evasion and money laundering for some time , much of this involving those same Chinese communists @ @ @ @ @ @ @ .
The mainstream media , reliable neo-Stalinists that they are , never reported on any of this when Bobulinski went public .
Even now , after the leak , they barely discuss it .
A large portion of the American public had no idea of the Biden Family Scandal when they went to vote on Nov. 3 , 2020 or , even more , when they dropped those endless mail-in ballots in whatever boxes .
Polls have appeared indicating a significant number would have voted differently had they known .
It was a @ @ @ @ @ @ @ .
His excuse again is that the DOJ should not get involved in politics .
Or was he too angry at Donald Trump for meddling in his affairs ?
Or perhaps it was a devotion to an institution rather than the American people for whom transparency is needed more than ever .
Whatever the case , that is exactly what he has done , inadvertently or not and despite his denials—get involved in politics .
Bill Barr put his hands on the scale of a presidential election !
By remaining silent on a @ @ @ @ @ @ @ family of a man who would be president , some of which involves that man directly with our principal enemy , William Barr has weighed in heavily on the election , whether he chooses to believe it or not .
He let the electorate continue in ignorance , straight into the voting booth .

via theepochtimes:
That was the same AG who promised, what seems like decades ago, he would get to the bottom of the reprehensible, treasonous to many, origin of the Trump-Russia investigation, known hereabouts as Spygate.
He assigned John Durham, a reputedly hard-nosed U.S. attorney from Connecticut, to uncover the sources of this outrage and bring the miscreants to justice.
Unfortunately, within that promise soon emerged a hint of trouble to come. Barr informed us that higher officials—meaning, of course, President Barack Obama and Vice-President Biden—were not in Durham’s brief to investigate, although they had attended a fateful meeting in January 2016 from whence much may have flowed.
Some people were evidently above the law.
As justification for this, Barr made it seem he was trying to put an end to the politicization of the Department of Justice and the FBI—and maybe he was …to himself.
Meanwhile, Durham’s investigation dragged on, taking much longer than expected, putatively because of COVID.
But was that so?
Certainly the pandemic caused some inconvenience, but couldn’t grand juries be convened with social distancing and masks? So many other institutions found ways to muddle through.
Some people, we are told, have actually been more productive working from home offices. Surely there was some way of making Zoom secure or other telecommunications as well for Durham’s purposes.
Apparently not enough. The delay continued and continues to this day.
And then the Hunter Biden affair broke into the headlines with the discovery of Hunter’s laptop and the so far uncontested testimony of Biden family business partner Tony Bobulinski, implicating Joe as the “big guy” in dealings with the communist Chinese.
More news broke shortly thereafter that the FBI had had the laptop in its possession for over a year.
This was followed by a leak a couple of months later, interestingly after Joe Biden had “won” the presidential election, that Hunter and James Biden (Joe’s brother) had been under investigation by the IRS and presumably the DOJ for tax evasion and money laundering for some time, much of this involving those same Chinese communists.
William Barr had been mum throughout.
The mainstream media, reliable neo-Stalinists that they are, never reported on any of this when Bobulinski went public. Even now, after the leak, they barely discuss it.
A large portion of the American public had no idea of the Biden Family Scandal when they went to vote on Nov. 3, 2020 or, even more, when they dropped those endless mail-in ballots in whatever boxes.
Polls have appeared indicating a significant number would have voted differently had they known. It was a close election, assuming Biden actually won.
Yet William Barr has remained silent.
His excuse again is that the DOJ should not get involved in politics. Or was he too angry at Donald Trump for meddling in his affairs?
Or perhaps it was a devotion to an institution rather than the American people for whom transparency is needed more than ever.
Whatever the case, that is exactly what he has done, inadvertently or not and despite his denials—get involved in politics.
Bill Barr put his hands on the scale of a presidential election!
By remaining silent on a lengthy investigation of public corruption of the family of a man who would be president, some of which involves that man directly with our principal enemy, William Barr has weighed in heavily on the election, whether he chooses to believe it or not.
He let the electorate continue in ignorance, straight into the voting booth.


investmentwatchblog--2020-12-15--BLUE STATE BLUES: Deutsche Bank Warns 50% Of NYC Bankers Might Be Headed To Jacksonville In Latest C

BLUE STATE BLUES: Deutsche Bank Warns 50% Of NYC Bankers Might Be Headed To Jacksonville In Latest Cost Cuts.

As Deutsche Bank continues with the biggest blood-letting on Wall Street since the collapse of Lehman Brothers , managers are reportedly planning to move thousands of Manhattan-based associates , often those with the most important front-office-type jobs in sales and trading .
Ever since DB moved to expand its presence in the Americas during the late 1990s-2000s , thousands of young employees , from interns to first-year analysts , have flocked to places like Murray Hill and other parts of Manhattan to work at the city ’ s investment banks , and generally live the young banker lifestyle of late @ @ @ @ @ @ @ east side and hooking up with wannabe model types at the clubs and bars that dot ( or rather , once dotted ) the East Village and the LES .
In the post-COVID era , many of these analysts might be sent to other more cost-effective parts of the country where Deutsche Bank already has a “ presence ” , according to DB Americas CEO Christiana Riley , one of the highest-ranking women on Wall Street .
Riley told the FT that the NY head count could “ conceivably ” be cut in @ @ @ @ @ @ @ aggressive time table ) .
The bank currently has roughly 4,600 staff in Manhattan , which means some 2,300 could soon be reporting to DB ’ s offices in Jacksonville Fla. , long considered a dumping ground , where the bank houses its compliance department .
According to media reports , the bank ’ s compliance workers in the city have long been treated “ lower than janitors ” by a bank that ’ s become almost synonymous with criminal malfeasance ( an impression that has only been strengthened , as unfortunate or @ @ @ @ @ @ @ the endless MSM reporting on the bank ’ s lending relationship with the Trumps .

As Deutsche Bank continues with the biggest blood-letting on Wall Street since the collapse of Lehman Brothers, managers are reportedly planning to move thousands of Manhattan-based associates, often those with the most important front-office-type jobs in sales and trading.
Ever since DB moved to expand its presence in the Americas during the late 1990s-2000s, thousands of young employees, from interns to first-year analysts, have flocked to places like Murray Hill and other parts of Manhattan to work at the city’s investment banks, and generally live the young banker lifestyle of late nights out at bars on the lower east side and hooking up with wannabe model types at the clubs and bars that dot (or rather, once dotted) the East Village and the LES.
In the post-COVID era, many of these analysts might be sent to other more cost-effective parts of the country where Deutsche Bank already has a “presence”, according to DB Americas CEO Christiana Riley, one of the highest-ranking women on Wall Street.
We are primarily funded by readers. Please subscribe and donate to support us!
Riley told the FT that the NY head count could “conceivably” be cut in half in 5 years (a pretty aggressive time table). The bank currently has roughly 4,600 staff in Manhattan, which means some 2,300 could soon be reporting to DB’s offices in Jacksonville Fla., long considered a dumping ground, where the bank houses its compliance department. According to media reports, the bank’s compliance workers in the city have long been treated “lower than janitors” by a bank that’s become almost synonymous with criminal malfeasance (an impression that has only been strengthened, as unfortunate or undeserved as that might be, by the endless MSM reporting on the bank’s lending relationship with the Trumps.
cms.zerohedge.com/geopolitical/deutsche-bank-warns-50-nyc-bankers-will-be-headed-sunny-jacksonville-latest-cost-cuts


investmentwatchblog--2020-12-15--This woman loves China more than you’ve ever loved anything.

This woman loves China more than you ’ ve ever loved anything .
t.co/lnW5Oqygff

This woman loves China more than you’ve ever loved anything. t.co/lnW5Oqygff
— Jesse Kelly (@JesseKellyDC) December 14, 2020


investmentwatchblog--2020-12-14--BRRRR! $1T of Treasuries will be maturing in the next 15 days!… For the record: Another $5.8T will h

BRRRR! $1T of Treasuries will be maturing in the next 15 days!… For the record: Another $5.8T will hit the market next year.

The US Treasury can also drain its cash balance as I proposed 4 months ago .
Banks `` only '' @ @ @ @ @ last month… not enough to cover the hole .
Either BRRRRRRR or foreign investors better @ @ @ @ @ pic.twitter.com/7LO9xIGtoC

An alternative:
The US Treasury can also drain its cash balance as I proposed 4 months ago.
$1.5T still sitting there.
Banks "only" bought $100b of Treasuries last month… not enough to cover the hole.
Either BRRRRRRR or foreign investors better pick up the slack. pic.twitter.com/7LO9xIGtoC
— Otavio (Tavi) Costa (@TaviCosta) December 14, 2020


investmentwatchblog--2020-12-14--Shiller: ECY & Justification For Sky-High Stock Prices

In a recent interview , Dr. Robert Shiller justified “ sky-high ” stock prices by using a measure called the “ Earnings CAPE yield ” or ECY .
To wit : Before we dig further into his analysis , it is essential to review what we have previously stated about valuations .
As discussed earlier in “ Shiller ’ s CAPE – Is It Just B.S.
” The problem is that valuation models are not , and were never meant to be , ‘ market timing indicators.
’ The vast majority of analysts assume that if a measure of valuation @ @ @ @ @ @ @ etc . )
reaches some specific level it means that : • The market is about to crash , and ; • Investors should be in 100 % cash .
Such is incorrect .
Valuation measures are simply just that – a measure of current valuation .
More , importantly , when valuations are excessive , it is a better measure of ‘ investor psychology ’ and a manifestation of the ‘ greater fool theory.
’ ” What valuations do provide is a reasonable estimate of long-term investment returns .
It is logical @ @ @ @ @ @ @ of future cash flows today , your future return will be lower .
What does history tell us about future returns when multiple valuation measures are high ?
The scatter chart below compares forward 10-year returns against four measures .
They are Price To Sales , Tobin ’ s-Q , Shiller ’ s CAPE , and Market-Cap To GDP .
( Read “ Do You Feel Lucky ” for more detail ) With expected returns falling between +2 and -3 % over the next decade , meeting retirement goals will be challenging .
@ @ @ @ @ @ @ , it is all about the narrative near-term .
Such was the point made by Shiller .
So , if it isn ’ t just the short-term psychological narrative driving stocks , then is there a fundamental reason ?
Shiller supplied his thesis .
The “ rationalization ” that low rates justify high valuations is but one of several arguments used to justify overpaying for assets .
While such analysis may provide the “ justification ” in the short-term , does it produce higher prices over the next decade ?
To answer that @ @ @ @ @ @ @ the inverse of the CAPE ratio , the Earning CAPE Yield ( ECY ) .
As shown , the CAPE ratio ’ s inverse is an earnings yield of just slightly less than 4 % .
It is worth noting that historically when the ECY has been at current levels or lower , it has tended to align with peaks of “ bull markets.
” Since elevated CAPE ratios align with market peaks , it is not surprising that inverting the calculation shows the same .
But does adjusting for interest rates alter @ @ @ @ @ @ @ Equal The chart below takes 10-year interest rates and adjusts for the average 10-year inflation rate .
As we have seen with Europe , negative interest rates are not suitable for either economic growth or markets .
While the theory is that low-interest rates allow for cheaper borrowing , which can be used productively for investments , there is a point where low-interest rates become economically destructive .
Such is the case currently , as discussed in “ Fed Is Stuck With Forever Stimulus : ” As low-interest rates went lower , the @ @ @ @ @ @ @ using debt for non-productive purposes such as dividend issuance , share buybacks , and , in some cases , offsetting negative cash flows .
The point here is that while there is certainly justification for discounting valuations for the level of interest rates , all rates are not equal .
As noted , low-rates , and particularly negative real rates , are typically associated with more destructive periods of economic and market cycles .
With this background , do ultra-low , and specifically , negative interest rates , justify higher valuations ?
Such @ @ @ @ @ @ @ The primary argument is that when inflation or interest rates fall , the present value of future cash flows from equities rises , and subsequently , so should their valuation .
While true , assuming all else is equal , a falling discount rate does suggest a higher valuation .
However , when inflation declines , future nominal cash flow from equities also falls .
Therefore , lower discount rates get offset as lower rates are applied to lower expected cash flows .
In other words , without adjusting for inflation and , @ @ @ @ @ @ @ , suggesting low rates justify overpaying for cash flows is a very flawed premise .
Historically , when interest rates or inflation are low , the stock market ’ s E/P is also low , as shown in the chart above .
There are just two times when interest rates were meager .
The first was in the 1940s , and currently .
In the 1940s , stock valuations were low , along with interest rates .
Therefore , the statement that low-interest rates cause high valuations is a .500 batting average , @ @ @ @ @ @ @ t Take My Word For It .
Gerard Minack , of Minack Advisors , also suggested Shiller ’ s theory is flawed .
The following chart maps the CAPE on one scale against the 10-year yield on the other for every month since 1925 .
A quick look shows that the relationship between the two isn ’ t that strong .
The best fit has an R-squared of only 0.12 , meaning only a weak correlation : Importantly , when the average economic growth rate is 2 % or less , it fails @ @ @ @ @ @ @ .
As such , revenue growth remains weak , and companies have to resort to a host of accounting gimmicks to boost bottom-line earnings .
In other words , there isn ’ t a tremendous difference between slow and no , economic growth .
As noted in “ Why This Isn ’ t 1920 , ” the highest correlation between stock prices and future returns comes from valuations .
It is imperative to remember valuations are very predictive of long-term returns from the investment process .
However , they are horrible timing indicators @ @ @ @ @ @ @ , or superstar investor who is sure that low rates support incredibly high stock valuations .
While I have tremendous respect for Dr. Shiller , he does not have to face clients for a loss of capital if his assumption turns out wrong .
There is much to debate about the current level of interest rates and future stock market returns .
However , what is clear is the 40-year decline in rates did not mitigate two extremely nasty bear markets since 1998 , just as falling rates did not mitigate the crash @ @ @ @ @ @ @

by Lance Roberts
In a recent interview, Dr. Robert Shiller justified “sky-high” stock prices by using a measure called the “Earnings CAPE yield” or ECY. To wit:
“There has been much puzzlement that the world’s stock markets haven’t collapsed in the face of the COVID-19 pandemic. Especially in the United States, which has recently been setting record highs for new cases. But maybe it isn’t such a puzzle. A measure we call the Excess CAPE Yield (ECY) puts the long-term outlook for the world’s stock markets in better perspective.” – Shiller
Before we dig further into his analysis, it is essential to review what we have previously stated about valuations. As discussed earlier in “Shiller’s CAPE – Is It Just B.S.”
The problem is that valuation models are not, and were never meant to be, ‘market timing indicators.’ The vast majority of analysts assume that if a measure of valuation (P/E, P/S, P/B, etc.) reaches some specific level it means that: The market is about to crash, and; Investors should be in 100% cash. Such is incorrect. Valuation measures are simply just that – a measure of current valuation. More, importantly, when valuations are excessive, it is a better measure of ‘investor psychology’ and a manifestation of the ‘greater fool theory.’”
What valuations do provide is a reasonable estimate of long-term investment returns. It is logical that if you overpay for a stream of future cash flows today, your future return will be lower.
“Price is what you pay. Value is what you get.” – Warren Buffett
Markets Are Expensive
Doug Kass recently made a salient point:
“By taking rates to zero and providing excess liquidity has made the price-earnings multiplier, determined by a near-zero risk-free rate of return, an unknown quantity. Like a projectile capable of taking those valuations to unrecognizable levels, at least based on history. This despite a mountain of global debt and numerous other secular and structural headwinds. The table of 15 stock market valuation factors show 11 at record levels. The other four are at all-time highs.”
What does history tell us about future returns when multiple valuation measures are high? The scatter chart below compares forward 10-year returns against four measures. They are Price To Sales, Tobin’s-Q, Shiller’s CAPE, and Market-Cap To GDP. (Read “Do You Feel Lucky” for more detail)
With expected returns falling between +2 and -3% over the next decade, meeting retirement goals will be challenging.
However, while valuations dictate long-term returns, it is all about the narrative near-term. Such was the point made by Shiller.
Indisputably, asset markets are substantially driven by psychology and narratives. As the Nobel laureate Daniel Kahneman wrote, ‘familiarity breeds liking.’ Several familiar narratives have emerged in the world’s stock markets this year. There is the V-shaped recovery narrative and the FOMO (fear of missing out) narrative. Both might be helping to drive markets to new highs. But are these narratives the only reason?
So, if it isn’t just the short-term psychological narrative driving stocks, then is there a fundamental reason? Shiller supplied his thesis.
Shiller’s Assumption
“So, interest-rate cuts by central banks may be used to justify higher equity prices and CAPE ratios. Thus, the level of interest rates is an increasingly important element to consider when valuing equities. To capture these effects and compare investments in stocks versus bonds, we developed the ECY. The ECY considers both equity valuation and interest-rate levels. To calculate the ECY, we simply invert the CAPE ratio to get a yield and then subtract the 10-year real interest rate.
The “rationalization” that low rates justify high valuations is but one of several arguments used to justify overpaying for assets. While such analysis may provide the “justification” in the short-term, does it produce higher prices over the next decade?
To answer that question, we need to start with the inverse of the CAPE ratio, the Earning CAPE Yield (ECY). As shown, the CAPE ratio’s inverse is an earnings yield of just slightly less than 4%.
It is worth noting that historically when the ECY has been at current levels or lower, it has tended to align with peaks of “bull markets.” Since elevated CAPE ratios align with market peaks, it is not surprising that inverting the calculation shows the same.
But does adjusting for interest rates alter the outcome?
All Rates Are Not Equal
The chart below takes 10-year interest rates and adjusts for the average 10-year inflation rate.
As we have seen with Europe, negative interest rates are not suitable for either economic growth or markets. While the theory is that low-interest rates allow for cheaper borrowing, which can be used productively for investments, there is a point where low-interest rates become economically destructive. Such is the case currently, as discussed in “Fed Is Stuck With Forever Stimulus:”
“In 1998, the Federal Reserve “crossed the ‘Rubicon,’ whereby lowering interest rates failed to stimulate economic growth or inflation as the “debt burden” detracted from it. When compared to the total debt of the economy, monetary velocity shows the problem facing the Fed.”
As low-interest rates went lower, the dynamic changed from using debt productively to using debt for non-productive purposes such as dividend issuance, share buybacks, and, in some cases, offsetting negative cash flows.
In an economy laden by $75 Trillion in debt, a record number of “Zombie” companies kept alive only by low borrowing costs, and a near-record number of companies with negative equity, higher rates are a ‘death knell.’”
The point here is that while there is certainly justification for discounting valuations for the level of interest rates, all rates are not equal. As noted, low-rates, and particularly negative real rates, are typically associated with more destructive periods of economic and market cycles.
We are primarily funded by readers. Please subscribe and donate to support us!
Adjusting For Negative Rates
With this background, do ultra-low, and specifically, negative interest rates, justify higher valuations? Such was the point Dr. Shiller made:
“The ECY in the U.S., for example, is 4%, derived from a CAPE yield of 3% and then subtracting a 10-year real interest rate of -1.0% (adjusted using the preceding 10 years’ average inflation rate of 2%).
Eventually, down the line, bond yields may just rise, and equity valuations may also have to reset alongside yields. But, at this point, despite the risks and the high CAPE ratios, stock-market valuations may not be as absurd as some people think.” While Dr. Shiller notes that eventually, equity valuations will have to reset, the short-term justification is that with 4% interest rate adjusted equity yields, stocks are cheap. However, as noted by the boxes in the chart above, every previous period in history where the adjusted ECY was 4% or higher, such aligned with falling asset prices, declining valuations, and recessionary outcomes.
Discounting The Discount
The primary argument is that when inflation or interest rates fall, the present value of future cash flows from equities rises, and subsequently, so should their valuation. While true, assuming all else is equal, a falling discount rate does suggest a higher valuation.
However, when inflation declines, future nominal cash flow from equities also falls. Therefore, lower discount rates get offset as lower rates are applied to lower expected cash flows.
In other words, without adjusting for inflation and, in no small degree, economic growth, suggesting low rates justify overpaying for cash flows is a very flawed premise.
“Instead of regarding stocks as a fixed-rate bond with known nominal coupons, one must think of stocks as a floating-rate bond whose coupons will float with nominal earnings growth. In this analogy, the stock market’s P/E is like the price of a floating-rate bond. In most cases, despite moves in interest rates, the price of a floating-rate bond changes little, and likewise the rational P/E for the stock market moves little.” – Cliff Asness
Historically, when interest rates or inflation are low, the stock market’s E/P is also low, as shown in the chart above.
There are just two times when interest rates were meager. The first was in the 1940s, and currently. In the 1940s, stock valuations were low, along with interest rates. Therefore, the statement that low-interest rates cause high valuations is a .500 batting average, equivalent to a coin-flip.
Don’t Take My Word For It.
Gerard Minack, of Minack Advisors, also suggested Shiller’s theory is flawed.
“Do low-interest rates in their own right lead to higher earnings multiples? His answer is no; it’s not rational to bid up stocks just because rates are low. The reason is that not all else is equal. Usually, interest rates are low because growth is bad, and when growth is bad that tends to be bad for equities. That leads to a curved relationship between rates and equities over time — when rates come down from very high levels, equity multiples tend to improve, but when rates then drop to very low levels, equity multiples fall because this generally means that the economy is mired in a recession.”
The following chart maps the CAPE on one scale against the 10-year yield on the other for every month since 1925. A quick look shows that the relationship between the two isn’t that strong. The best fit has an R-squared of only 0.12, meaning only a weak correlation:
Importantly, when the average economic growth rate is 2% or less, it fails to absorb new entrants into the market. As such, revenue growth remains weak, and companies have to resort to a host of accounting gimmicks to boost bottom-line earnings. In other words, there isn’t a tremendous difference between slow and no, economic growth.
As noted in “Why This Isn’t 1920,” the highest correlation between stock prices and future returns comes from valuations.
Conclusion
It is imperative to remember valuations are very predictive of long-term returns from the investment process. However, they are horrible timing indicators.
Beware the investment advisor, pundit, or superstar investor who is sure that low rates support incredibly high stock valuations. While I have tremendous respect for Dr. Shiller, he does not have to face clients for a loss of capital if his assumption turns out wrong.
There is much to debate about the current level of interest rates and future stock market returns. However, what is clear is the 40-year decline in rates did not mitigate two extremely nasty bear markets since 1998, just as falling rates did not mitigate the crash in 1929 and the subsequent depression.
Do low-interest rates justify high valuations?
History suggests they don’t.


investmentwatchblog--2020-12-14--Leigh Dundas & Bill Still – This Election is Far From Over

The Still Report , Released on 12/13/20 Bill Still is a former newspaper editor and publisher .
He has written @ @ @ @ @ Saturday Evening Post , the Los Angeles Times Syndicate , OMNI magazine , and has @ @ @ @ @ program , Health News .
He has written 22 books and two documentary videos and @ @ @ @ @ wildly popular daily YouTube Channel the “ Still Report ” , the quintessential report on @ @ @ @ @

The Still Report, Released on 12/13/20
We are primarily funded by readers. Please subscribe and donate to support us!
Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the “Still Report”, the quintessential report on the economy and Washington.


investmentwatchblog--2020-12-14--Some NEW Normal! CA Governor’s 9 companies each get 7x the ‘normal’ COVID biz loan assistance

The Newsom Normal ?
We ’ re all created equal , but ‘ some ’ more than others !

The Newsom Normal? We’re all created equal, but ‘some’ more than others!
We are primarily funded by readers. Please subscribe and donate to support us!
h/t islearth


investmentwatchblog--2020-12-14--Check out Lin Woods latest tweet

Check out Lin Woods latest tweet

Wow .
All of the focus on clear election fraud sure has distracted country from Jeffrey Epstein case .
Man @ @ @ @ @ could bring down Biden , Gates , Roberts , Clinton & others .
Maybe even @ @ @ @ @ was alive .

Wow. All of the focus on clear election fraud sure has distracted country from Jeffrey Epstein case.
Man oh man. Epstein case could bring down Biden, Gates, Roberts, Clinton & others. Maybe even Obama.
Sure wish Epstein was alive.
Wishful thinking, I guess.
— Lin Wood (@LLinWood) December 14, 2020


investmentwatchblog--2020-12-14--Man worth $118.8 billion says that average people should have their businesses closed down

Man worth $ 118.8 billion says that average people should have their businesses closed down t.co/asBhlaETvm

Man worth $118.8 billion says that average people should have their businesses closed down t.co/asBhlaETvm
— Ryan Saavedra (@RealSaavedra) December 13, 2020


investmentwatchblog--2020-12-14--Trump About To Bypass Barr And Appoint New Special Counsel

Trump Tells Aides to Hunt for New Special Counsel : WSJ Fed up with his Attorney General Bill Barr , @ @ @ @ @ his own special counsel to look into claims of election fraud and claims relating to @ @ @ @ @ son Hunter Biden , The Wall Street Journal reports .
Trump has asked advisers to @ @ @ @ @ White House Chief of Staff Mark Meadows has reportedly told people the president wants to @ @ @ @ @ , Barr would have to be the one to appoint a new special counsel and @ @ @ @ @ ll do so .
Hunter Biden is already under federal investigation for his financial dealings @ @ @ @ @ was no widespread election fraud .
Trump considered firing Barr after revelations he knew about @ @ @ @ @ before the election but stayed quiet .

Trump Tells Aides to Hunt for New Special Counsel: WSJ
Fed up with his Attorney General Bill Barr, President Trump wants to appoint his own special counsel to look into claims of election fraud and claims relating to President-elect Joe Biden’s son Hunter Biden, The Wall Street Journal reports. Trump has asked advisers to look for suitable names and White House Chief of Staff Mark Meadows has reportedly told people the president wants to act quickly. But legally, Barr would have to be the one to appoint a new special counsel and it seems unlikely he’ll do so. Hunter Biden is already under federal investigation for his financial dealings and Barr has said there was no widespread election fraud. Trump considered firing Barr after revelations he knew about the investigation into Hunter Biden before the election but stayed quiet.
We are primarily funded by readers. Please subscribe and donate to support us!
www.thedailybeast.com/trump-is-fed-up-with-barr-tells-aides-to-search-for-new-special-counsel-wsj-reports
h/t CrsCrpr


investmentwatchblog--2020-12-14--Possible Trump win causes Electoral College buzz – Lionel

The 538 electors of the Electoral College are meeting to certify the results of the 2020 US presidential election .
@ @ @ @ @ Trump rebukes the Supreme Court decision to not take up a Texas lawsuit .
But @ @ @ @ @ violent over the weekend , all eyes are on demonstrations planned for Monday .
What @ @ @ @ @ final results are announced ?
RT America ’ s Rachel Blevins reports .
Then legal @ @ @ @ @ weighs in .

The 538 electors of the Electoral College are meeting to certify the results of the 2020 US presidential election. This comes as President Donald Trump rebukes the Supreme Court decision to not take up a Texas lawsuit. But with massive protests having turned violent over the weekend, all eyes are on demonstrations planned for Monday. What will be the response when final results are announced? RT America’s Rachel Blevins reports. Then legal expert Lionel of Lionel Media weighs in.
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-12-14--Biden Bends The Knee To China ALREADY – This is BAD.

Leah Barkoukis from Townhall reports , Former Acting Director of National Intelligence Richard Grenell gave one example of how China @ @ @ @ @ Biden .
Biden had been referring to the “ Indo-Pacific ” region as just that @ @ @ @ @ , according to Bruno Maçães , the former Portuguese Europe Minister , rather than the @ @ @ @ @

Leah Barkoukis from Townhall reports, Former Acting Director of National Intelligence Richard Grenell gave one example of how China is already successfully influencing Joe Biden. Biden had been referring to the “Indo-Pacific” region as just that for the past two years, according to Bruno Maçães, the former Portuguese Europe Minister, rather than the CPP-preferred “Asia-Pacific.”
We are primarily funded by readers. Please subscribe and donate to support us!
Read More/Source/Credit/FairUse:
townhall.com/tipsheet/leahbar…


investmentwatchblog--2020-12-14--Mitch Mconnell Drops the HAMMER on Dems Refusing to Help Millions of Americans

Henry Rodgers from the Daily Caller reports , Senate Majority Leader Mitch McConnell slammed Speaker of the House Nancy Pelosi @ @ @ @ @ block relief funding , as Pelosi shut down another offer Tuesday night from Republicans and @ @ @ @

Henry Rodgers from the Daily Caller reports, Senate Majority Leader Mitch McConnell slammed Speaker of the House Nancy Pelosi and Democrats for continuing to block relief funding, as Pelosi shut down another offer Tuesday night from Republicans and the White House.
We are primarily funded by readers. Please subscribe and donate to support us!
Read More/Source/Credit/FairUse:
dailycaller.com/2020/12/09/sc…


investmentwatchblog--2020-12-14--Abe Lincoln Discovers Democrat Mail-in Ballot Fraud In 1864

Democrats have a long history of ballot box stuffing .
History shows Nixon lost to JFK by ballot stuffing in Mayor Daley ’ s Chicago : The same thing happened when Jimmy Carter got elected by ballot stuffing in New York .
But where did the Democrat fraud begin ?
Traveling to Baltimore in the fall of 1864 , Orville Wood had no way of knowing he would soon uncover the most elaborate election conspiracy in America ’ s brief history .
Wood was a merchant from Clinton County in the most northeastern corner of New York .
As a @ @ @ @ @ @ @ was tasked with visiting troops from his hometown to “ look after the local ticket.
” New York legislators had only established the state ’ s mail-in voting system in April with the intent of ensuring the suffrage of White troops battling the Confederate Army .
The results of the 1864 elections would heavily affect the outcome of the war .
Lincoln and his supporters in the National Union Party sought to continue the war and defeat the Confederacy outright .
Meanwhile antiwar Democrats , also referred to as Copperheads , looked for @ @ @ @ @ @ @ and the end of the abolition movement .
Troops from New York were allowed to authorize individuals back home to cast a vote on their behalf .
Along with their mail-in ballots , troops would assign their power of attorney on slips that required four signatures : the voter ’ s , the person authorized as a recipient , a witness to the signed affidavit and a fellow officer .
These documents would be sealed in an envelope and shipped back home to be counted in the final vote .
This was the @ @ @ @ @ @ @ , he would testify in court later .
He quickly found out what a challenge that would be .
Wood arrived at Fort McHenry in Baltimore to visit with the 91st New York Regiment .
There , an Army captain suggested that there had been some “ checker playing ” when it came to the gathering of soldiers ’ mail-in ballots .
These suspicions of fraud were echoed when Wood visited wounded men at the Newton University Hospital .
The rumors of wrongdoing led Wood to the office of Moses Ferry in Baltimore @ @ @ @ @ @ @ York Gov .
Horatio Seymour to help oversee the voting process for New York ’ s enlisted men .
Seymour had vetoed the initial bill to establish mail-in voting and would go on to run against Ulysses S. Grant in the 1868 presidential election .
Wood masked his suspicions as he entered Ferry ’ s office , portraying himself as a strong supporter of Lincoln ’ s opponent , George McClellan .
This was enough to gain Ferry ’ s trust , he testified later .
Ferry told Wood that the votes from @ @ @ @ @ @ @ already been tallied : 400 for McClellan and 11 for Lincoln .
Wood returned to the office later and , following Ferry ’ s instructions , began forging signatures of the 16th New York Cavalry .
Meanwhile , a clerk sat across the room signing ballots from the roster of names Wood had brought with him from home .
Wood asked to personally deliver these fraudulent ballots , but Ferry said they would have to receive final approval from his colleague in Washington — Edward Donahue Jr. Donahue soon arrived in Baltimore and @ @ @ @ @ @ @ during this conversation that around 20 co-conspirators were already at work in D.C. to aid in the plot to deliver votes to McClellan .
The following day Wood watched as Donahue and his crew formed a sort of assembly line , passing blank papers along to one another to be signed with the names of active enlisted men , wounded and dead soldiers , and officers who never existed .
In addition to operations in D.C. and Baltimore , the scheme extended back to New York .
Donahue had received rosters of soldiers @ @ @ @ @ @ @ enforcement .
A letter from Gen. J.A .
Ferrell read , “ Inclosed in this package you will find tickets , also a list of names of the actual residents of Columbia County , now members of the 128th Regiment .
With my best wishes for your success.
” A letter from Albany Sheriff H. Cromdell offered to send additional men to assist in Baltimore .
The letter read , “ All is well here , and we are confident of complete success .
It is unnecessary to say that all here have @ @ @ @ @ @ @ , and hope you like your help.
” Also discovered in Ferry ’ s office was a list of around 400 names belonging to sick and wounded soldiers under treatment at a nearby hospital .
In reference to the roster , Ferry joked , “ Dead or alive , they all had cast a good vote.
” Ferry , Donahue , and their fellow conspirators found humor in their work .
One accomplice mocked the outcry he expected from abolitionist newspapers following the corruption of the election .
The men bragged about their @ @ @ @ @ @ @ home .
Together , the men had shipped crates of fraudulent votes back to New York .
But their scheme was over .
Wood reported the operation to authorities .
Ferry ’ s office was searched , and on the morning of Oct. 27 , 1864 — less than two weeks before the election — he and Donahue stood trial before a military commission .
Ferry offered a full confession that same day , even offering up the names of others involved in the scheme .
Donahue proved more of a challenge .

Democrats have a long history of ballot box stuffing. History shows Nixon lost to JFK by ballot stuffing in Mayor Daley’s Chicago:
nypost.com/2000/11/10/ironic-twi…e-for-jfk/
The same thing happened when Jimmy Carter got elected by ballot stuffing in New York.
macris.substack.com/p/how-might-…-litigated
But where did the Democrat fraud begin?
Traveling to Baltimore in the fall of 1864, Orville Wood had no way of knowing he would soon uncover the most elaborate election conspiracy in America’s brief history.
Wood was a merchant from Clinton County in the most northeastern corner of New York. As a supporter of President Abraham Lincoln, he was tasked with visiting troops from his hometown to “look after the local ticket.”
New York legislators had only established the state’s mail-in voting system in April with the intent of ensuring the suffrage of White troops battling the Confederate Army.
The results of the 1864 elections would heavily affect the outcome of the war. Lincoln and his supporters in the National Union Party sought to continue the war and defeat the Confederacy outright. Meanwhile antiwar Democrats, also referred to as Copperheads, looked for an immediate compromise with the Confederate leaders and the end of the abolition movement.
Troops from New York were allowed to authorize individuals back home to cast a vote on their behalf. Along with their mail-in ballots, troops would assign their power of attorney on slips that required four signatures: the voter’s, the person authorized as a recipient, a witness to the signed affidavit and a fellow officer. These documents would be sealed in an envelope and shipped back home to be counted in the final vote. This was the process that Orville Wood intended to uphold, he would testify in court later. He quickly found out what a challenge that would be.
www.washingtonpost.com/history/2…y-lincoln/
Wood arrived at Fort McHenry in Baltimore to visit with the 91st New York Regiment. There, an Army captain suggested that there had been some “checker playing” when it came to the gathering of soldiers’ mail-in ballots. These suspicions of fraud were echoed when Wood visited wounded men at the Newton University Hospital. The rumors of wrongdoing led Wood to the office of Moses Ferry in Baltimore.
Ferry had been selected by New York Gov. Horatio Seymour to help oversee the voting process for New York’s enlisted men. Seymour had vetoed the initial bill to establish mail-in voting and would go on to run against Ulysses S. Grant in the 1868 presidential election.
We are primarily funded by readers. Please subscribe and donate to support us!
Wood masked his suspicions as he entered Ferry’s office, portraying himself as a strong supporter of Lincoln’s opponent, George McClellan. This was enough to gain Ferry’s trust, he testified later.
Ferry told Wood that the votes from New York’s 91st Regiment had already been tallied: 400 for McClellan and 11 for Lincoln.
Wood returned to the office later and, following Ferry’s instructions, began forging signatures of the 16th New York Cavalry. Meanwhile, a clerk sat across the room signing ballots from the roster of names Wood had brought with him from home. Wood asked to personally deliver these fraudulent ballots, but Ferry said they would have to receive final approval from his colleague in Washington — Edward Donahue Jr.
Donahue soon arrived in Baltimore and met with Wood. It was revealed during this conversation that around 20 co-conspirators were already at work in D.C. to aid in the plot to deliver votes to McClellan. The following day Wood watched as Donahue and his crew formed a sort of assembly line, passing blank papers along to one another to be signed with the names of active enlisted men, wounded and dead soldiers, and officers who never existed.
www.washingtonpost.com/history/2…y-lincoln/
In addition to operations in D.C. and Baltimore, the scheme extended back to New York. Donahue had received rosters of soldiers from military officials and members of law enforcement. A letter from Gen. J.A. Ferrell read, “Inclosed in this package you will find tickets, also a list of names of the actual residents of Columbia County, now members of the 128th Regiment. With my best wishes for your success.”
A letter from Albany Sheriff H. Cromdell offered to send additional men to assist in Baltimore. The letter read, “All is well here, and we are confident of complete success. It is unnecessary to say that all here have entire confidence in your skill and abetting, and hope you like your help.”
Also discovered in Ferry’s office was a list of around 400 names belonging to sick and wounded soldiers under treatment at a nearby hospital. In reference to the roster, Ferry joked, “Dead or alive, they all had cast a good vote.”
Ferry, Donahue, and their fellow conspirators found humor in their work. One accomplice mocked the outcry he expected from abolitionist newspapers following the corruption of the election. The men bragged about their past successes in fixing local elections back home.
Together, the men had shipped crates of fraudulent votes back to New York. But their scheme was over. Wood reported the operation to authorities. Ferry’s office was searched, and on the morning of Oct. 27, 1864 — less than two weeks before the election — he and Donahue stood trial before a military commission.
Ferry offered a full confession that same day, even offering up the names of others involved in the scheme. Donahue proved more of a challenge.
www.washingtonpost.com/history/2…y-lincoln/
h/t Natura Naturans


investmentwatchblog--2020-12-14--Ron Paul: Congress Again Proves that the Business of Washington is War

Ron Paul , Institute for Peace and Prosperity , Released on 12/14/20 Libertarian educator Tom Woods famously quipped that “ no matter who you vote for you end up with John McCain.
” Unfortunately Woods was proven right for about the thousandth time this past week , as Washington again showed us that it is all about war .
First , we learned that if Joe Biden ends up in the White House next month he intends to put a deep state member of the military-industrial complex in charge of the Pentagon .
General Lloyd Austin will be only the @ @ @ @ @ @ @ a special Senate waiver to serve in that position .
Gen. James Mattis under President Trump also needed a waiver , as he had been out of the military less than the required seven years before becoming Defense Secretary .
But the revolving door between active military service and civilian leadership of the Pentagon is perhaps less troubling than the revolving door between the military-industrial complex and leadership of the Defense Department .
As the first African-American to take charge of the Pentagon , the Austin pick is celebrated as a great victory @ @ @ @ @ @ @ we move beyond the color of a person ’ s skin , Biden ’ s selection is not all that diverse .
Gen. Austin was head of the US Central Command under an Obama Administration that launched a brutal war on Libya under false pretenses and pursued a regime-change policy in Syria that involved arming and training jihadists .
Upon retirement , as is all too common with military leaders , he cashed in on his service with a position on the board of military contractor Raytheon .
Austin will be “ business @ @ @ @ @ @ @ warmongers and the military contractors who make a fortune inventing endless conflicts overseas .
Then things went from bad to worse , as the yearly monstrosity called the National Defense Authorization Act ( NDAA ) was passed with an amendment severely restricting the US president ’ s ability to remove troops from Afghanistan and Europe .
Offered by neoconservative Congresswoman Liz Cheney , daughter of the warmongering Dick Cheney , the amendment all but guarantees that America ’ s longest war in history will continue pointlessly onward .
A coalition of warmongering Democrats @ @ @ @ @ @ @ Trump for his last minute effort to draw troops down from Afghanistan and elsewhere , and they appear to have a veto-proof majority to tie the president ’ s hands .
Congress has for decades believed that the president can go to war whenever or wherever he pleases without a declaration , but if the president dares attempt to end a war their belief in a “ unitary executive ” is thrown out the window .
What hypocrisy .
The Constitution is clear that the president is the commander in chief of the @ @ @ @ @ @ @ authority to move troops as he sees fit .
The Founders understood that 535 Members of Congress trying to micromanage troops on the battlefield is not a good idea .
Congress has it backward .
It should be very difficult for a president to take the country to war and easy for that war to be ended .
Time after time , the “ peace ” candidate usually wins the election .
But no matter how sick the American people are of endless war , the war machine finds a way to keep @ @ @ @ @ @ @ to return to a policy of peace and prosperity ?

Ron Paul, Institute for Peace and Prosperity, Released on 12/14/20
Libertarian educator Tom Woods famously quipped that “no matter who you vote for you end up with John McCain.” Unfortunately Woods was proven right for about the thousandth time this past week, as Washington again showed us that it is all about war.
First, we learned that if Joe Biden ends up in the White House next month he intends to put a deep state member of the military-industrial complex in charge of the Pentagon. General Lloyd Austin will be only the second Defense Secretary in decades to require a special Senate waiver to serve in that position. Gen. James Mattis under President Trump also needed a waiver, as he had been out of the military less than the required seven years before becoming Defense Secretary.
But the revolving door between active military service and civilian leadership of the Pentagon is perhaps less troubling than the revolving door between the military-industrial complex and leadership of the Defense Department.
As the first African-American to take charge of the Pentagon, the Austin pick is celebrated as a great victory for “diversity.” However, if we move beyond the color of a person’s skin, Biden’s selection is not all that diverse. Gen. Austin was head of the US Central Command under an Obama Administration that launched a brutal war on Libya under false pretenses and pursued a regime-change policy in Syria that involved arming and training jihadists. Upon retirement, as is all too common with military leaders, he cashed in on his service with a position on the board of military contractor Raytheon.
Austin will be “business as usual” for Washington’s warmongers and the military contractors who make a fortune inventing endless conflicts overseas.
Then things went from bad to worse, as the yearly monstrosity called the National Defense Authorization Act (NDAA) was passed with an amendment severely restricting the US president’s ability to remove troops from Afghanistan and Europe. Offered by neoconservative Congresswoman Liz Cheney, daughter of the warmongering Dick Cheney, the amendment all but guarantees that America’s longest war in history will continue pointlessly onward.
A coalition of warmongering Democrats and Republicans have been furious with President Trump for his last minute effort to draw troops down from Afghanistan and elsewhere, and they appear to have a veto-proof majority to tie the president’s hands.
We are primarily funded by readers. Please subscribe and donate to support us!
Congress has for decades believed that the president can go to war whenever or wherever he pleases without a declaration, but if the president dares attempt to end a war their belief in a “unitary executive” is thrown out the window. What hypocrisy.
The Constitution is clear that the president is the commander in chief of the military and as such should have the authority to move troops as he sees fit. The Founders understood that 535 Members of Congress trying to micromanage troops on the battlefield is not a good idea.
Congress has it backward. It should be very difficult for a president to take the country to war and easy for that war to be ended.
Time after time, the “peace” candidate usually wins the election. But no matter how sick the American people are of endless war, the war machine finds a way to keep chugging along. What will it take to return to a policy of peace and prosperity?
Copyright © 2020 by RonPaul Institute. Permission to reprint in whole or in part is gladly granted, provided full credit and a live link are given. Please donate to the Ron Paul Institute Original article: www.ronpaulinstitute.org/archives/featured-articles/2020/december/14/congress-again-proves-that-the-business-of-washington-is-war/ Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political career and beyond. He is chairman of the FREE Foundation, founder of the Campaign for Liberty, and distinguished counselor to the Ludwig von Mises Institute. Dr. Paul recently started the Ron Paul Liberty Report, an online broadcast alternative to the mainstream media. Ron’s most recent novel is Swords into Plowshares.


investmentwatchblog--2020-12-14--Open Your Eyes – Corruption Surrounds You

COMMENT : So now something that has been on the books for 95 years is suddenly a problem and UNCONSTITUTIONAL ?
So now it ` s unfair to 1 man who in 4 years his only major accomplishment was to pass a tax break that the bulk of the tax break only benefited the top 1 % ?
In which that allowed him to go back to Mar a Lago and brag to the members who had there membership fee ` s to the club raised after he was elected and say… I Just Made You People A Lot Of @ @ @ @ @ @ @ see how people who do not think Trump is our Lord & Savior and just look at facts might not see this as an end of the world scenario you want to put forth on your blog .
CN REPLY : This is not about one man and what is coming will not benefit the 1 % – only the 0.005 % – the Super-Rich .
This is not about taxes .
Like Hillary or Gates , they set up foundations that are tax-free and get to use their money to play monopoly @ @ @ @ @ @ @ decide a question of law is the end of civilization .
If they rule against Trump or for him is not the issue .
The FAILURE to rule will leave both sides hating each other and both claiming they are right .
Congress reduced the jurisdiction of the Supreme Court to discretion .
So many people have suffered from arbitrary law and that denies the equal protection of the law because one circuit will practice something different than the rest of the nation .
New York allows judges to change the very words @ @ @ @ @ @ @ which is a federal crime .
The Second Circuit claims they have no power to tell judges to obey the law .
UNITED STATES v. ZICHETTELLO , 208 F3d 72 , 97 ( 2d Cir 2000 ) .
Try standing before a judge who has dementia and forgets even who you are .
( OWEN-Life Tenure for Federal Judges Raises Issues of Senility , Dementia – ProPublica ) .
Judges protect judges .
There is NOBODY you can turn to when faced with a judge would has lost his mind .
Judge Owen @ @ @ @ @ @ @ ‘ senile dementia ’ ” in books .
He was a public disgrace but never would the court of appeals EVER criticize him or recuse him from any case .
They called him 100-Year Owen for that was his favorite sentence .
Or when you have one judge who is trying to do the right thing and the government has to always win so they go to the chief judge to have the case removed and sent to a pro-government judge who rules only for the government and then they seal your docket @ @ @ @ @ @ @ done .
This is your rule of law and discretion at the Supreme Court allows them to violate their oath and avoid cases they do not want to have to admit the government has acted corruptly or in my case protected the bankers as always !
I feel sorry for you because you can not see beyond your bias .
This is not about Trump and if he has the evidence it should be reviewed for everyone to see .
These judges have all used procedures to avoid ruling on anything of substance @ @ @ @ @ @ @ case on the procedure and simply said he should have argued that before the election – avoid the issues once again .
This is not what the rule of law is all about .
When judges refuse to enforce the law , the ONLY solution remaining to the people is a revolution .
Just ask yourself , why are the Super-Rich always pouring money into the pocket of Democrats ?
So they will go after them ?
A small business owner is the hated 1 % yet the press cheers the super-rich and @ @ @ @ @ @ @ eyes .
The corruption is all around you .
You will lose your freedom and that of the future for your children because you will not look at the reality that surrounds you .

by Martin Armstrong
COMMENT: So now something that has been on the books for 95 years is suddenly a problem and UNCONSTITUTIONAL? So now it`s unfair to 1 man who in 4 years his only major accomplishment was to pass a tax break that the bulk of the tax break only benefited the top 1% ? In which that allowed him to go back to Mar a Lago and brag to the members who had there membership fee`s to the club raised after he was elected and say… I Just Made You People A Lot Of Money. So I think you can see how people who do not think Trump is our Lord & Savior and just look at facts might not see this as an end of the world scenario you want to put forth on your blog.
CN
REPLY: This is not about one man and what is coming will not benefit the 1% – only the 0.005% – the Super-Rich. This is not about taxes. Like Hillary or Gates, they set up foundations that are tax-free and get to use their money to play monopoly with the world. The refusal to decide a question of law is the end of civilization. If they rule against Trump or for him is not the issue. The FAILURE to rule will leave both sides hating each other and both claiming they are right.
Congress reduced the jurisdiction of the Supreme Court to discretion. So many people have suffered from arbitrary law and that denies the equal protection of the law because one circuit will practice something different than the rest of the nation. New York allows judges to change the very words spoken in court by altering the transcripts which is a federal crime. The Second Circuit claims they have no power to tell judges to obey the law. UNITED STATES v. ZICHETTELLO, 208 F3d 72, 97 (2d Cir 2000).
Try standing before a judge who has dementia and forgets even who you are. (OWEN-Life Tenure for Federal Judges Raises Issues of Senility, Dementia – ProPublica). Judges protect judges. There is NOBODY you can turn to when faced with a judge would has lost his mind. Judge Owen is even mentioned to have “incurable ‘senile dementia’” in books. He was a public disgrace but never would the court of appeals EVER criticize him or recuse him from any case. They called him 100-Year Owen for that was his favorite sentence.
We are primarily funded by readers. Please subscribe and donate to support us!
Or when you have one judge who is trying to do the right thing and the government has to always win so they go to the chief judge to have the case removed and sent to a pro-government judge who rules only for the government and then they seal your docket so nobody can review what they have done. This is your rule of law and discretion at the Supreme Court allows them to violate their oath and avoid cases they do not want to have to admit the government has acted corruptly or in my case protected the bankers as always!
I feel sorry for you because you cannot see beyond your bias. This is not about Trump and if he has the evidence it should be reviewed for everyone to see. These judges have all used procedures to avoid ruling on anything of substance. In Wisconsin, they dismissed his case on the procedure and simply said he should have argued that before the election – avoid the issues once again. This is not what the rule of law is all about.
When judges refuse to enforce the law, the ONLY solution remaining to the people is a revolution.
Just ask yourself, why are the Super-Rich always pouring money into the pocket of Democrats? So they will go after them? A small business owner is the hated 1% yet the press cheers the super-rich and calls them our friends! Open your eyes. The corruption is all around you. You will lose your freedom and that of the future for your children because you will not look at the reality that surrounds you.


investmentwatchblog--2020-12-14--Is the Press Cheering the End of Freedom?

COMMENT FROM GERMANY : Back then during the days of the Berlin Wall , it was still possible to circumvent a wall with the audacity of some really bold guys…Today in a state of full surveillance it may be quite impossible…Certain virtues are totally gone .
Today I am reading in DIE ZEIT the suggestion to make the vaccination against COVID mandatory in every public building , including the railway station , public transportation , etc…That is pretty scary to hear this from a Newspaper that used to be one of the best weekly papers .
Yes , we are @ @ @ @ @ @ @ very much resembles our road to fascism .
Of course , I will try to stay as long as possible in Germany , that is where my work is and my family .
REPLY : This is the plan .
They can not tolerate dissent .
Stalin rounded up those who he thought might join a revolution against him and it is estimated that 20 million were killed in his labor camps .
This vaccine will be used in the same manner .
If you refuse to take it , you will be @ @ @ @ @ @ @ home .
It will all depend upon those who resist .
If they fail to do so in a serious manner , then the tyrant overlords will be thrown out at the end of the cycle – 2032 .
Let us not hope we must live under this tyranny for that long .
In 2021. it will be the 60th anniversary of the rise of the Berlin Wall .
The press is all lined up and is supporting the end of freedom .

by Martin Armstrong
COMMENT FROM GERMANY: Back then during the days of the Berlin Wall, it was still possible to circumvent a wall with the audacity of some really bold guys…Today in a state of full surveillance it may be quite impossible…Certain virtues are totally gone.
Today I am reading in DIE ZEIT the suggestion to make the vaccination against COVID mandatory in every public building, including the railway station, public transportation, etc…That is pretty scary to hear this from a Newspaper that used to be one of the best weekly papers. Yes, we are heading into a very dark future that very much resembles our road to fascism.
We are primarily funded by readers. Please subscribe and donate to support us!
Of course, I will try to stay as long as possible in Germany, that is where my work is and my family.
REPLY: This is the plan. They cannot tolerate dissent. Stalin rounded up those who he thought might join a revolution against him and it is estimated that 20 million were killed in his labor camps. This vaccine will be used in the same manner. If you refuse to take it, you will be confined to prison which will be your home. It will all depend upon those who resist. If they fail to do so in a serious manner, then the tyrant overlords will be thrown out at the end of the cycle – 2032. Let us not hope we must live under this tyranny for that long. In 2021. it will be the 60th anniversary of the rise of the Berlin Wall.
The press is all lined up and is supporting the end of freedom.


investmentwatchblog--2020-12-14--CBS News: Director of National Intelligence Ratcliffe: Multiple Lawmakers Being Blackmailed by China

CBS News: Director of National Intelligence Ratcliffe: Multiple Lawmakers Being Blackmailed by China, Senate Intel. Committees Briefed

Secretary of State Pompeo Says MIT Refused to Host Him to Avoid Offending Chinese Benefactors Secretary of State Pompeo Says @ @ @ @ @ to Avoid Offending Chinese Benefactors Secretary of State Mike Pompeo lashed out at officials at @ @ @ @ @ on Wednesday for allegedly refusing to host him so as not to offend Communist China @ @ @ @ @ criticized , and thus keep their Chinese interests intact .
SecState Pompeo : Thanks to @ @ @ @ @ Has Now Shown Itself and Is Exposed , So Many of Our Colleges Are Bought @ @ @ @ @ for the start of the video : 37:08 ) China Cheers Biden Victory : We @ @ @ @ @ Return to the Right Track ’

#China NOTE TIMING + LAWMAKERS WARNED: In this extended clip from exclusive @CBSNews interview 12/3 @DNI_Ratcliffe said he briefed members of HOUSE + SENATE intelligence committees “earlier this summer,” about Chinese Communist Party’s blackmail strategy targeting lawmakers. pic.twitter.com/ycsBhMj3v0 — Catherine Herridge (@CBS_Herridge) December 13, 2020
Timestamp: 3:27
Secretary of State Pompeo Says MIT Refused to Host Him to Avoid Offending Chinese Benefactors
Secretary of State Pompeo Says MIT Refused to Host Him to
Avoid Offending Chinese Benefactors
Secretary of State Mike Pompeo lashed out at officials at
the Massachusetts Institute of Technology on Wednesday for
allegedly refusing to host him so as not to offend Communist
China, which Pompeo has heavily criticized, and thus keep
their Chinese interests intact.
SecState Pompeo: Thanks to Trump, Chinese Communist Party Has Now Shown Itself and Is Exposed, So Many of Our Colleges Are Bought by Beijing
We are primarily funded by readers. Please subscribe and donate to support us!
(Click here for the start of the video: 37:08)
China Cheers Biden Victory: We’re On a ‘Return to the Right Track’
Communist China successfully infiltrated vaccine giants Pfizer, AstraZeneca and GlaxoSmithKline
Loyal members of the Chinese Communist Party are working in British consulates, universities, and for some of the UK's leading companies. They have infiltrated practically the entire country. — Disclose.tv 🚨 (@disclosetv) December 13, 2020
h/t dr0id


investmentwatchblog--2020-12-14--Lockdown in the Netherlands – all non essential shops, museums, bars etc closed from tomorrow until

Lockdown in the Netherlands – all non essential shops, museums, bars etc closed from tomorrow until Jan. 20th

People scramble to the city to do last minute shopping .
Mayors pleading with people to stay out of city @ @ @ @ @ .
Some shops stay open until 24h .
Isn ’ t it coincidentally INAUGURATION DAY @ @ @ @ @ 20th ?
!
?
!
?
!

People scramble to the city to do last minute shopping.
Mayors pleading with people to stay out of city centers.
Press conference tonight.
Some shops stay open until 24h.
Isn’t it coincidentally INAUGURATION DAY IN THE US ON THE 20th?!?!?!
(in dutch)
We are primarily funded by readers. Please subscribe and donate to support us!
www.nu.nl/economie/6096620/drukte-bij-kappers-en-in-winkelstraten-om-nog-snel-kerstcadeaus-te-kopen.html
www.nu.nl/coronavirus/6096560/harde-lockdown-tot-20-januari-scholen-theaters-en-meeste-winkels-dicht.html
AC