Florida is NOT California – Act Accordingly

April 17, 2024

Please reside in a state that stands with your current political allegiance. This week has proved that the rule of law is no longer applicable to the whole of the United States. We are no longer united. In California, pro-Hamas fools blocked off the Golden Gate Bridge for hours as authorities stood around and passively watched. They seemed to be protecting the protestors over the people. In their defense, Governor Newsom would not have permitted anyone to step in as the left seeks to fuel civil unrest. The same zealots tried to block roads in Florida and quickly learned that California’s passivity does not apply here.

I must add that similar protests happened in New York, another woke blue state, where protestors were permitted to block multiple airports and bridges. The Chicago airport was blocked this week too. They were able to chant DEATH TO AMERICA while burning our flag and threatening our national security. Imagine if pro-ISIS protestors were permitted to do the same in NYC in the wake of 9/11? It is hard to call these people “protestors” as they are protesting the existence of the United States, the same nation where they are seeking refuge and disrupting our peace. They are welcome to board a plane and go to their nation of choice to support them directly.

TeddyRoosevelt.Immigration

Communications Director Bryan Griffin, who works under Florida’s Ron DeSantis, explained what happened when these pro-terrorist idiots tried the same stunts in a red state. “In Florida, we drag these people out of the road and arrest them,” Griffin posted to X along with a video that shows authorities rounding up these anti-American cowards and pulling them out of traffic. Why should our nation be forced to passively sit by and watch others chant for our demise?

Authorities in blue states are permitting this behavior at the direction of their political leaders. The people voted for these politicians and got exactly what they asked for. It is perfectly acceptable to burn the American flag, but heaven forbid someone burnt a rainbow flag or the flag of one of our foster nations. Places like California are implementing laws to ban “hate speech” or anti-establishment speech, because calling for the death of your own nation is considered perfectly acceptable by these morons.

State rights are becoming a major factor in our quality of life. Do not move to a red state for lower taxes if you plan to vote blue and usher in the same policies that caused you to flee your former state. Biden has repeatedly said he wants to flip Florida blue – good luck.

Lower-Income Americans and Republicans Least Likely to Switch to EVs

April 17, 2024

gm factory 700x420 1

I explained how the private sector does not wish to switch to EVs amid high production costs and low demand. A recent Gallup Poll found that Americans do not want to own an EV, and the plans to eliminate fossil fuels do not align with the wishes of the people.

Around 7% of respondents, up 4% from last year, do own an EV. In 2023, 43% of respondents said they’d consider switching to electric, but that figure has declined to 35%. Fewer than half of adults, 44%, said they’d “seriously consider” or “might consider” buying electric in the future, down from 55% in 2023, while the number of people stating they have zero intention of switching rose to 48% from 41% on an annual basis.

AOC Let Them Drive Teslas

We know that is cost more to purchase an EV, hence upper-income respondents are more likely to own or consider owning an EV and that figure declines when we look at middle America, and further declines when we look at the working class. In fact, 61% of lower-income Americans said they would never switch to electric, an 18 percentage point rise from 2023.

Liberals are also more likely to own or consider owning an EV. Only 27% of Democrats said they would not consider switching compared to 69% of Republicans and 47% of Independents. The study found that lower-income and young Americans are most concerned about climate change, but only 8% of people overall who worry “a great deal” about fossil fuel cars impact on the environment actually own one.

Still, the government is pushing full speed ahead to ensure 60% of new vehicle production is electric by 2030 – six years from now. I explained how manufacturing is not expanding under these climate change initiatives. The private sector does not want to produce these vehicles and the people do not want to buy them. Yet, the Biden Administration will stick to these arbitrary targets if re-elected this November.

 

The Truth About Fake News

April 17, 2024

Economist 4 13 24 Cover_Story_The_next_housing_disaster

The Economist’s editor-in-chief, Zanny Minton Beddoes, wrote that global warming would damage a tenth of the world’s residential property by value. They reported that this includes “many houses that are nowhere near the coast. From tornadoes battering Midwestern American suburbs to tennis-ball-size hailstones smashing the roofs of Italian villas, the severe weather brought about by greenhouse-gas emissions is shaking the foundations of the world’s most important asset class.” 

Once upon a time, the Economist was a respected magazine. Today, there is no point in advertising there because, clearly, the people who believe these articles are brainwashed and hopeless unless you are pitching green investments that always lose money. Can you imagine that now 10% of all real estate will be damaged by global warming?

Sun 1892 Fakes News

The entire problem has infected the media for centuries. Donald Trump did not suddenly invent Fake News. Here is an article from the New York Sun published on September 3rd, 1892. The Sun charged its competitor, the New York World, with “manufacturing news in its own office purporting to be cable news of interviews with prominent scientists in Europe.” The article states it cannot be condemned for it “strikes at the vital point in the character of a newspaper… Of all unfortunate and foolish things a newspaper may do, that of destroying public confidence in itself is most unfortunate and most foolish, and it can accomplish this end in no other way more quickly or more completely than in the matter of ‘fake’ news.”

PulitzerHearstWarYellowKids

The first time I heard about corruption in the media was in a GRADE SCHOOL history class in the early to mid-60s. The teacher explained that the media created the Spanish-American War, which manufactured news to sell newspapers. You needed sensationalism to sell newspapers. The Hearst model was all about selling sensationalized stories to sell papers – not necessarily the truth.

Raymond Henry Jarvis

The New York Daily Times had significant circulation among conservatives during the mid-19th century since its founder, Henry Jarvis Raymond (1820-1869), was often known as the Godfather of the Republican Party. He became its first Chairman and was elected to the US House of Representatives. Abraham Lincoln, the first Republican President, said: “The Times, I believe, is always true to the Union, and therefore should be treated at least as well as any.”

Ochs Adolph Simon

In August 1896, Chattanooga Times publisher Adolph Ochs (1858-1935) acquired The New-York Times, implementing major changes to its basic structure making it a merchant’s newspaper. At first, Ochs wanted to steer the paper to be the antithesis of the competition like the New York World that was focused on the sensation sales model. Ochs was trying to sell his newspapers to people who wanted real news and information to enable them to invest money. The Wall Street Journal did not begin until 1889. In 1910, Ochs made a political realignment whereby he rejected the Republican Party and moved more progressive as Marxist Socialism became popular. This went to the NY Times, becoming a political agenda.

1970 Climate Change

There is just no more integrity in mainstream media, and when you really look at its history, one can argue it has ALWAYS been about fake news—because fake news sells. They are businesses and, at the end of the day, need a profit. A few decades ago, I asked a major movie producer why all the movies about love projected happily ever after. He said people want to leave the theatre with a smile—not crying. I think that explains the problem. The sad part is the press interprets the First Amendment to mean they are free to twist the truth in any way they like for profit.

 

 

 

Market Talk – April 16, 2024

April 16, 2024

Market Talk 2017

ASIA:

 

The major Asian stock markets had a negative day today:

  • NIKKEI 225 decreased 761.60 points or -1.94% to 38,471.20
  • Shanghai decreased 50.31 points or -1.65% to 3,007.07
  • Hang Seng decreased 351.49 points or -2.12% to 16,248.97
  • ASX 200 decreased 140.00 points or -1.81% to 7,612.50
  • Kospi decreased 60.80 points or -2.28% to 2,609.63
  • SENSEX decreased 456.10 points or -0.62% to 72,943.68
  • Nifty50 decreased 124.60 points or -0.56% to 22,147.90

 

The major Asian currency markets had a mixed day today:

  • AUDUSD decreased 0.00349 or -0.54% to 0.64085
  • NZDUSD decreased 0.00214 or -0.36% to 0.58841
  • USDJPY increased 0.409 or 0.27% to 154.582
  • USDCNY increased 0.00364 or 0.05% to 7.26438

 

The above data was collected around 12:11 EST.

 

 

Precious Metals:

  • Gold increased 22.34 USD/t oz. or 0.94% to 2,388.11
  • Silver increased 0.241 USD/t. oz or 0.86% to 28.250

 

The above data was collected around 12:14 EST.

 

 

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

  • CAC 40 decreased 112.50 points or -1.40% to 7,932.61
  • FTSE 100 decreased 145.17 points or -1.82% to 7,820.36
  • DAX 30 decreased 260.35 points or -1.44% to 17.766.23

 

The major Europe currency markets had a mixed day today:

  • EURUSD decreased 0.00008 or -0.01% to 1.06270
  • GBPUSD decreased 0.0018 or -0.14% to 1.24310
  • USDCHF increased 0.0012 or 0.13% to 0.91297

 

The above data was collected around 12:16 EST.

 

US/AMERICAS:

US Market Closings:

  • Dow advanced 63.86 points or 0.17% to 36,798.97
  • S&P 500 declined 10.41 points or -0.21% to 5,051.41
  • Nasdaq declined 19.77 points or -0.12% to 15,865.25
  • Russell 2000 declined 8.23 points or -0.42% to 1,967.48

 

Canada Market Closings:

  • TSX Composite declined 97.33 points or -0.45% to 21,642.87
  • TSX 60 declined 7.28 points or -0.56% to 1,294.98

 

Brazil Market Closing:

  • Bovespa declined 762.76 points or -0.61% to 124,571.13

 

ENERGY:

 

The oil markets had a mixed day today:

 

  • Crude Oil decreased 0.249 USD/BBL or -0.29% to 85.161
  • Brent decreased 0.227 USD/BBL or -0.25% to 89.873
  • Natural gas decreased 0.0271 USD/MMBtu or -1.60% to 1.6639
  • Gasoline increased 0.0122 USD/GAL or 0.44% to 2.7961
  • Heating oil decreased 0.0116 USD/GAL or -0.44% to 2.6482

 

The above data was collected around 12:19 EST.

 

  • Top commodity gainers: Coffee (1.00%), Oat (0.94%), Steel (3.14%) and Cheese (1.82%)
  • Top commodity losers: Cotton (-3.20%), Palm Oil (-3.05%), Cocoa (-7.77%) and Orange Juice (-2.39%)

 

The above data was collected around 12:26 EST.

 

 

BONDS:

 

Japan 0.872% (+0.6bp), US 2’s 4.97% (+0.043%) , US 10’s 4.658% (+4.84bps); US 30’s 4.76% (+0.035%), Bunds 2.4865% (+5.15bp), France 3.008% (+5.4bp), Italy 3.905% (+7.6bp), Turkey 27.475% (+190.5bp), Greece 3.439% (+6.3bp), Portugal 3.183% (+6.9bp); Spain 3.328% (+7.05bp) and UK Gilts 4.304% (+6.11bp)

 

The above data was collected around 12:30 EST.

Who is Binaifer Nowrojee? The Incoming President of Open Society Foundations

April 16, 2024

Binaifer Nowrojee

Binaifer Nowrojee has been appointed as the president of George Soros’ Open Society Foundations (OSF) as Mark Malloch-Brown plans to officially step down in June. The Open Society Foundation is openly interfering in elections throughout the world and funding the globalist agenda. George appointed his son, Alex Soros, chairman of his foundation in December 2022. So, who is Binaifer Nowrojee?

Born in London, raised in Kenya, with an Indian heritage, Nowrojee is the daughter and granddaughter of well-known lawyers in Kenya. Pheroze Nowrojee, her father, helped to overturn the Raila presidential election of 2017. “It had taken us 25 years to achieve this overturning of the constant practice of rigging by those in power,” he said after the Supreme Court nullified the results for that election, claiming that they failed to comply with Kenya’s constitution. “We had set the correct goal of all future politics and public endeavour in Kenya. We have hard work ahead to ensure the application of this principle as widely as necessary in public service.”

Some have accused her father of meddling in African politics. When asked whether the Kenyan Constitution needed amendments, he replied:

“Constitutional amendments are not what individuals want or do not want, but what the national circumstances show over time and at different times to be a better option. The unity of our many peoples, the integrity of the nation, the experience of our drafting errors of the past, or of machinery that is not working as was intended in 2010. These dictate not only when but what amendments may be preferable or not.”

Binaifer was born to lead the OSF with a lineage of overturning elections.

She has been working with the Open Society Foundations for years in senior leadership roles across Asia and East Africa for over two decades. A Harvard Law School graduate, Nowrojee also holds a JD from Columbia Law School – an academic. She spent a decade on staff at the Human Rights Watch, an OSF grantee organization, and held a position at the Lawyers Committee for Human Rights. She has been praised for being the first woman of color to hold this role at the OSF.

One of her first measures as incoming president was to reduce the staff size of the OSF by an astounding 40%. It will be easier to ensure everyone is completely in line with the agenda. “As we navigate the remaining elements of change, I promise, first and foremost, to remain committed to Open Society values and to George Soros’s vision of critical thinking, local knowledge, and risk-taking,” she told the AP. The OSF does not have a clear budget

 

Alex Soros has already directed the foundation to begin honing in on America opposed to Europe, as they have their fingers in the European Union, but America has yet to be tamed. Civil unrest is growing as Biden has lost all but 8% of supporters and cannot even hold a fundraiser on his own without roping in two former presidents. Will Binaifer follow in her father’s footsteps and look to overturn an election?

 

Imagine Waking from an 8-Year Coma – Reflections from the Last ECM Wave

April 16, 2024

BIG BANG ECM 2015.75

The year 2015 was not long ago, and yet the entire world economy has changed. Central banks mismanaged monetary policy through arbitrarily low interest rates and continuous printing to appease the bigger issue—fiscal policy. Fiscal policies are all but nonexistent in most of the modern world, and government spending has become one of the largest threats to the global economy. The COVID lockdown pushed these issues into overdrive, and world leaders usurped power that they have refused to relinquish.

Debt Crisis

This is a global issue. Canada’s opposition leader Pierre Poilievre has highlighted how much has changed within one ECM cycle, as the last major turning point hit in 2015, and asked Parliament to imagine they had awoken from an 8-year coma.

Eight short years ago, Canada boasted one of the strongest middle classes in the modern world, surpassing that of America. Taxes were actually declining in Canada, falling faster than at any other time in the nation’s history. Crime had decreased by -25%, and people felt safe in their hometowns. The immigration system was efficient, the borders were closed, and there was no migrant crisis. Housing was affordable, costing less than half of what it does today. The nation had a balanced budget.

ECM 2015 2020 Detailed

Poilievre mentioned that there were global conflicts at the time in Syria, Afghanistan, and even Ukraine but none of them were causing inflation at home. Prime Minister Harper had much different policies in place.

Inflation is now rampant, and even after hitting a 40-year high in 2023, it remains 50% above the 2% central bank target. Canada’s economy is shrinking per capita and is expected to have the worst OECD growth of all 40 member countries for the next five years. There is a massive housing crisis in Canada, surpassing that of America, and homelessness is on the rise. The Canadian borders are open, migrants are encouraged to come to the nation despite the lack of housing, and millions of unvetted migrants are now within Canadian boundaries. Taxes are rapidly rising as Trudeau supports World Economic Forum initiatives like carbon taxes and reducing fossil fuels at the expense of the people. Canada has sent a fortune to Ukraine and continues recklessly spending on initiatives that in no way benefit Canadians.

Poilievre is on Trudeau’s tail. It is no wonder that nearly half of Canadians wish to elect a new leader in 2024 instead of 2025. Trudeau is losing his grip over the Canadian people who have become disgruntled with the unsustainable cost of living, rising crime,  and increasingly tyrannical government.

It is incredible how much can change within one wave of the ECM. I can assure you that the world will be a very different place by the next one.

We are TOO Stupid to Vote

April 16, 2024

Greek Philosophers

Aristotle believed that after Pericles died in 429 BC, the demos had continually appointed charismatic demagogues who undermined Athenian democracy. The three main Greek philosophers were against Democracy because the people were too stupid and uneducated. This is where we had even John Kerry claiming Trump’s election was because of “populism,” and this must be prevented. Whenever the people vote against career politicians, it os no longer democracy, but populism.

 

Huxley

Once again, the United Nations discourages individualism with this same philosophy that we are too ignorant to understand what they know. As Sir Huxley wrote when forming the United Nations, “unrestricted individualism is equally erroneous.” So much for human rights. We should have no right to vote, and in reality, these people claim to be defending democracy against autocracy when, in fact, we do not live in a democracy at all. They call Russia an autocracy when, in fact, we have no right to vote if we should go to war, either. We are too ignorant to know what to do in life. That’s why the elite climate change zealots want to reduce the population by at least 2 billion, if not 50%, so they can sleep at night.

Schwab WEF End of Democracy

There is an all-out assault on Democracy, and it is not from Trump. Here is Klaus Schwab, who is the poster child for authoritarian government and the suppression of human rights. We are too stupid to be allowed to vote since we are beneath the level of intelligence of those who know better. When Trump was elected, that is when Democracy became Populism – and that was not acceptable.

 

Market Talk – April 15, 2024

April 15, 2024

Market Talk 2017

ASIA:

 

The major Asian stock markets had a mixed day today:

  • NIKKEI 225 decreased 290.75 points or -0.74% to 39,232.80
  • Shanghai increased 37.90 points or 1.26% to 3,057.38
  • Hang Seng decreased 121.23 points or -0.72% to 16,600.46
  • ASX 200 decreased 35.60 points or -0.46% to 7,752.50
  • Kospi decreased 11.39 points or -0.42% to 2,670.43
  • SENSEX decreased 845.12 points or -1.14% to 73,399.78
  • Nifty50 decreased 246.90 points or -1.10% to 22,272.50

 

The major Asian currency markets had a mixed day today:

  • AUDUSD increased 0.00004 or 0.01% to 0.64614
  • NZDUSD decreased 0.0016 or -0.27% to 0.59189
  • USDJPY increased 1.104 or 0.72% to 154.302
  • USDCNY decreased 0.00795 or -0.11% to 7.25844

 

The above data was collected around 12:24 EST.

 

 

Precious Metals:

  • Gold increased 6.05 USD/t oz. or 0.26% to 2,349.17
  • Silver increased 0.728 USD/t. oz or 2.61% to 28.585

 

The above data was collected around 12:28 EST.

 

 

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

  • CAC 40 increased 34.28 points or 0.43% to 8,045.11
  • FTSE 100 decreased 30.05 points or -0.38% to 7,965.53
  • DAX 30 increased 96.26 points or 0.54% to 18.026.58

 

The major Europe currency markets had a mixed day today:

  • EURUSD decreased 0.00024 or -0.02% to 1.06378
  • GBPUSD increased 0.0012 or 0.10% to 1.24609
  • USDCHF decreased 0.00057 or -0.06% to 0.91363

 

The above data was collected around 12:35 EST.

 

US/AMERICAS:

US Market Closings:

  • Dow declined 248 points or -0.65% to 37,735.24
  • S&P 500 declined 61.6 points or -1.2% to 5,061.81
  • Nasdaq declined 290.08 points or -1.79% to 15,885.02
  • Russell 2000 declined 27.25 points or -1.36% to 1,975.92

 

Canada Market Closings:

  • TSX Composite declined 159.62 points or -0.73% to 21,740.37
  • TSX 60 declined 9.32 points or -0.71% to 1,302.28

 

Brazil Market Closing:

  • Bovespa declined 540.27 points or -0.43% to 125,405.82

 

ENERGY:

 

The oil markets had a negative day today:

 

  • Crude Oil decreased 1.17 USD/BBL or -1.37% to 84.490
  • Brent decreased 1.26 USD/BBL or -1.39% to 89.281
  • Natural gas decreased 0.0613 USD/MMBtu or -3.46% to 1.7087
  • Gasoline decreased 0.0439 USD/GAL or -1.57% to 2.7590
  • Heating oil decreased 0.0494 USD/GAL or -1.84% to 2.6337

 

The above data was collected around 12:36 EST.

 

  • Top commodity gainers: Coffee (4.54%), Oat (3.11%), Aluminum (2.89%) and Rice (6.42%)
  • Top commodity losers: Natural Gas (-3.46%), Palm Oil (-1.80%), Heating Oil (-1.84%) and Palladium (-1.80%)

The above data was collected around 12:48 EST.

 

 

BONDS:

 

Japan 0.866% (-0.05bp), US 2’s 4.94% (+0.030%) , US 10’s 4.634% (+9.82bps); US 30’s 4.74% (+0.111%), Bunds 2.4340% (+7.4bp), France 2.954% (+8.8bp), Italy 3.829% (+10bp), Turkey 27.26% (+164bp), Greece 3.376% (+10.3bp), Portugal 3.13% (+8.3bp); Spain 3.275% (+8.7bp) and UK Gilts 4.278% (+11.1bp)

 

The above data was collected around 12:56 EST.

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