As establishment blowback strikes following over 300 European business leaders call for the British to vote to leave the EU, it is worth remembering Margaret Thatcher’s historic speech, known as the “The Bruges Speech” delivered September 20th, 1988, in which she famously rejected the centralised, unaccountable, federal Europe of Delors. Margaret Thatcher proposed instead a wider, decentralised, outward-looking democratic Europe of independent, freely- trading and cooperating nation states..
Amid the growing ghetto-isation of Muslim Europe, and with 66% of Germans against Merkel, German police have arrested five suspects on terrorism charges in raids on a right-wing group charged with attacking asylum shelters in the east of the country in the midst of Europe’s refugee crisis. German officials have proclaimed the raids show that "the state is moving resolutely and in a timely fashion against right-wing terrorist structures and criminals." We suspect sadly that more attacks, and more arrests are to come as George Soros calls for Europe to accept 500,000 more refugees per year.
With everyone from ivory tower academics to sin-street hookers proclaiming the need for and benefits of a "war on cash" to save the world from criminals and tax-evaders (oh yeah and to stop NIRP-driven savers from hording cash and crushing central planners' dreams), it is perhaps shocking that Bundesbank board member Carl-Ludwig Thiele warned at an event this week that the attempt to abolish and criminalize cash is out of line with freedom. He said that citizens should continue to decide how and in what form they want to use their money.
It looks as if it will be much more difficult for Trump to nail down enough delegates to beat the Republicans at their own corrupt rules. We are likely heading toward a rigged convention and this is playing into the hands of the precise thing the Republicans better not do. They are sacrificing the nation for personal perks. It is not that Trump is the savior, hardly, but at least he would be a check against these people.
Either they rig the convention, or they create an accident. The “establishment” does not appear willing to accept Trump under any conditions.
Our structure of government being a republic rather than a democracy invites oligarchy. There has never been a single republic that has ever proven to work. The mixture of money and power always becomes lethal. This is why we blame government, not the oligarchs. They could not buy politicians if they were not (1) career lifetime politicians, and (2) all-powerful law creators. Taxes and regulations become the incentive for the oligarchs to buy government. If we eliminate taxes and career politicians, we will solve most of the problem.
History repeats because the passions of humanity never change from one century to the next. We MUST move closer to absolute oppression in order for the silent majority to get angry and demand change. So until that tipping point is reached, be prepared to lose any concept of human rights you thought you once had. We are not living the “dream” but the nightmare of history.
"The media has created the perception that the voters choose the nomination. That's the conflict here." So a Republican split is looking more likely. They have drawn the line in the sand. By no means will they accept Trump. He might as well begin forming a third party. What is going to be exposed is that we do not live in a Democracy. The Republicans prefer Hillary to Trump any day of the week.
The central bankers are simply crazy, not evil. They are trying to steer the economy by utilizing this simpleton theory that if you make something cheaper, someone will buy it. Then we have the trading public. They are celebrating the public admission of Draghi that all his efforts to date have failed, so let’s do even more of the same. And they love this nonsense?
The Trump threat isn’t to the Constitution, to America’s standing in the world, or even to Republican Congressional candidates, it is to the establishment. If you think Trump’s supporters are angry about the way the government and the business world colluded, you are right. The establishment fails to appreciate the anger. They’re just furious. Even if Trump fails to win, there will be more in the wings. He is inspiring a change and he doesn’t even understand how profound.
Modern Europe: Born In the USA
"Let’s be realistic. Those supporting Trump distrust government politicians. They really do not care about his message. I at least would prefer Trump not for any policy, but because any career politician will bring the same line of thinking to the table."
It looks like the board-game company sees the writing on the wall and is preparing the children of today for the new world order – a cashless society.
The increasingly unstable footing that we find ourselves standing on is reflected in widening credit spreads that demonstrate that CONFIDENCE is indeed collapsing. We are on the precipice of what can only be described as a rising systemic risk for all markets.
The psychology dominating the minds of most institutional investors over the past few years has been that things were slowly getting back to normal. This has weighed on institutional demand for gold in a big way, and been a meaningful factor in the bear market (manipulation aside). The problem now is that this assumption is quickly being called into question, and if this psychological shift gathers pace, the shift back into gold could be very meaningful.