If you ever needed proof that government is collapsing, here it is live and in full color. Freshman Congresswoman Alexandria Ocasio-Cortez (D-N.Y.) was just placed on the House Financial Services Committee. Who is the Chairperson? None other than the controversial Maxine Waters (D-Calif.). We now have two people with absolutely NO expertise in this field going to […]
Believe it or not, members of Congress continue to get paid even when there is a shutdown on the basis that Congress refuses to fund the government. Elizabeth Warren has come out and stated that she will donate her salary during the shutdown. The Speaker of the House, Nancy Pelosi, is paid $223,500 per year. The Democrats […]
Ruth Bader Ginsburg, while fighting cancer, has now contracted Pneumonia and is fighting for her life. From a purely cyclical perspective, there should be another appointment this year to the Supreme Court. Even on an average basis, since 1789 there have been 114 judges up to Brett Kavanaugh. That means at the very latest the next […]
PRIVATE BLOG – January 21st Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
The British pound moved higher following the British Prime Minister Theresa May’s government narrowly surviving a no confidence vote brought by the opposition over the handling of BREXIT. The vote was narrow with May winning by just 19 votes. Our sources were correct that she would survive. However, while the 21st seems to be a […]
PRIVATE BLOG – The Euro into February Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
PRIVATE BLOG – The Dow into February Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
COMMENT: Hi, The Norwegian Data Protection Authority is now arguing that GPS based taxation, for the amount of kilometers driven by car, can be done within 5-6 years! Norwegians trust the government way too much, because they believe that this system will eliminate the need for road tax, fuel tax, toll roads and reduce the […]
Main talking topic in Asia today was in the Chinese market after Premier Keqiang’s warning of a difficult year ahead. Offering commitments of additional public services and infrastructure, along with various public spending support, the market initially responded well. Trading from negative territory, both the Hang Seng and Shanghai indices climbed back to trade around […]
Delos, First Central Bank QUESTION: Dear Martin Wonder if you have any insights as to the history of the bank clearing process. Was the clearing process created mainly so banks could play games and earn interest with peoples’ money with the reasoning that it was to prevent money laundering? With technological advances today, one can accept […]
