Biden Commutes Sentence of Former Comptroller who Embezzled $53M

December 16, 2024

Biden confused

President Biden has commuted sentences for 1,499 people and issued 39 pardons. The majority of these commuted sentences were on behalf of people who were placed on home confinement rather than prison during the pandemic years. The people he has chosen to give a second chance seem suspicious.

Dixon, Illinois comptroller Rita Crundwell was found guilty and ADMITTED to funneling $53 million from her city since the 1990s. A career criminal politician, Crundwell opened a bank account in 1990 on behalf of the city of Dixon, but only she had access to the account. Over the decades, Crundwell admitted to transferring money out of that account to her personal accounts. She has admitted to using taxpayer funds to pay her personal credit cards, numerous houses, and personal business expenses included a horse breeding business.

The public servant admitted to created fraudulent invoices to trick Illinois state auditors. Budget deficits were blamed on a shortfall of tax revenues. Her 19-year sentence had already been reduced by eight years and she has been serving the remainder of her sentence on house arrest sine COVID.

“Now, today I anticipate she’s dancing in the streets of Dixon with her commutation, because she just also conned the President of the United States,” said former U.S. Marshal Jason Wojdylo. “This official act undid decades of work.” Wojdylo spent four years on this case and stated the overwhelming nature of her crime made it almost impossible to determine the true amount of stolen funds.

Dixon has delayed infrastructure projects and city officials say it will take decades for the city to recover. Why did Joe Biden pardon this woman who stole from the American public without shame? Considering the 10% for the Big Guy ways of Biden’s own criminal career in politics, he likely sees the $53 million as mere chump change.

US Intelligence Agencies Clear Themselves of Jan 6 Wrongdoing

December 16, 2024

january_6th_capital_riot

January 6 was a staged and orchestrated event intended to criminalize Donald Trump and his supporters. There is a slew of evidence pointing to US intelligence interference, with more emerging by the week. US intelligence agencies wasted additional resources to investigate their own bureaus, “FBI’s Handling of its Confidential Human Sources and Intelligence Collection Efforts in the Lead Up to the Jan. 6, 2021 Electoral Certification.” Naturally, US intelligence found no wrongdoing on their end.

Department of Justice (DOJ) Inspector General Michael E. Horowitz announced that over two dozen confidential human sources (CHS) were present at the Capitol on January 6. He admits that three FBI agents were among the crowd but insists there were no undercover officers. Twenty-six CHS agents were also among the crowd, but the report insists only three were authorized to be there. One actually entered the Capitol building while the other two made their way into restricted areas. None of those four agents were charged with committing a crime.

“Our review determined that none of these FBI CHSs was authorized by the FBI to enter the Capitol or a restricted area or to otherwise break the law on January 6, nor was any CHS directed by the FBI to encourage others to commit illegal acts on January 6,” he stated.

Horowitz believes that they have simply “found no evidence in the materials we reviewed or the testimony we received showing or suggesting that the FBI had undercover employees in the various protest crowds, or at the Capitol, on January 6.” The FBI applauded the investigation, which was clearly skewed in its favor, and said they would take additional precautions in January 2025.

FBI Director Christopher Wray announced that he is fleeing his post before Trump takes office. “When Chris Wray first got there back in 2017, the FBI was spying on congressional hill staffers, including the guy who is slated to replace him, and then the day after he announces he’s leaving, this report comes out and confirms what so many of us suspected, that there were these confidential human sources present on Jan. 6,” House Judiciary Committee Chairman Jim Jordan, R-Ohio, told Fox News.

Those who read between the lines can see that the DOJ and FBI have been weaponized political tools of the deep state under the Biden-Harris regime. Over 1,265 Americans were charged in connection to the January 6 events. The government used J6 as a premise to weaponize financial institutions to spy on Americans and usurp more power. These agencies are working against the American people for the private interests of the deep state and will never admit to any wrongdoing. It is laughable to think that any agency will deter civil unrest next month at Trump’s inauguration.

Institutions Can Have Their Entire Portfolio on Socrates

December 16, 2024

GMW Page 2

The Global Market Watch (GMW) was created for one of the top 10 banks in the world. It allowed them to look at their entire portfolio without reading a thousand reports. This allowed them to hone in on what might need their attention. As they commented, this is like having 1,000 trading assistants. We really are too busy to have been advertising or engaging in marketing campaigns. You can die from having too much business. As is the case with offices worldwide, someone is always awake. The GMW was designed for large institutions to save time and provide an important tool for investing.

The comments are a work in progress since the model still identifies new patterns. Socrates is proving that all the theories from the nonsense of Random Walks, etc., are just excuses for people incapable of comprehending how the world functions. The GMW records a pattern REGARDLESS of the market and assigns a number you see under the comment. That same pattern shows up in every market because the instrument is irrelevant – it is how human nature interacts with that market.

 

We can create a GMW for your entire portfolio to give you a fast glance at your portfolio. We are currently working on providing the same tools that I have used so you can ask question and it will respond. We are considering creating a terminal so it will access our systems and provide you with an impressive assistant.

GC Inve4stor GMW 7 29 2016

We can Add Any Stock Worldwide to Socrates

December 16, 2024

Socrates IPad

QUESTION #1: Mr. Armstrong, you used to provide your reports rebranded to an institution’s name in Tokyo. Would you consider that for other countries?

GL

ANSWER #1: Yes. We would articulate the turning points rather than include the arrays. That would make it too identifiable, tracing back to us. But certainly, we can do that and attach an institution’s name, such as a reputable bank or brokerage house. We can replace the majority of the cost of research. We have a database of virtually every stock in the world.

QUESTION #2: Can I request that a particular stock be added to Socrates?

EJ

ANSWER #2: Certainly.

 

How to Prevent Trump from Taking Office

December 16, 2024

 

Many have asked about Biden’s statement that he would prevent Trump from becoming president. That was said well before the election. Nevertheless, I have reviewed how Biden can prevent Trump from taking office. This would not be permanent but would be a delay tactic.

PRIVATE BLOG

PRIVATE BLOG – How to Prevent Trump from Taking Office


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/

Iran – When will it Fall?

December 15, 2024

Iran 2

QUESTION: Mr. Armstrong, I do hope you hold your conference in the Dubai. I know you have a number of staff there. I recall that you had a projection for Iran to begin its decline and fall and end up with yet another revolution. I believe it was starting in 2024 and I think it would end by 2032. can you provide an update on Iran?

thank you so much for your kindness.

HBB

Iran Pahlavi Gold half Pahlavi

ANSWER: Yes, the start would be 2024 which was 72 years from the 1952 uprising. We are also looking at the collapse of the Iranian government – not just Republics. This is a global political reset. Iran will completely collapse by 2030. It will not make it to 2032. Supreme Leader Ayatollah Ali Khamenei is facing the fall his proxy terror groups throughout the Middle East. However, my sources have confirmed to me that Turkey advised both Iran and Russia not to intervene, for they were, in truth, taking down Syria. I believe Putin has read between the lines, but Iran did not. Turkey in making its play for checkmate on the Middle East.

I have not yet made the decision for Dubai. I want to see if Trump is actually sworn in first. There are some very dark forces still at work, and they intend to lead the world into war.

 

 

Is Bitcoin 1929 or DOT.COM Bubble All Over Again?

December 14, 2024

Irving Fisher Comments 1929

QUESTION: Marty, is it possible we are witnessing the greatest financial trap to unsuspecting global citizens as they ‘build a digital prison’ as many opine OR is this the perfect monetary system that will give opportunity to impoverished nations to rise out of the ashes?

We see kids, millenials to Gen X, buying it like it’s Thor’s hammer on some Marvel video game yet its consequences are real unlike the Marvel video game coins and so on. This video game is the real deal. Governments are now buying as much bitcoin as they can and I know an individual who bought his house with Bitcoin as collateral.

It is an age old saying, “When something sounds too good to be true, it usually is.” This seems to be pertinent regarding this supposedly perfect monetary system, one that has never been witnessed before.

Who is actually in command of the truth of this now Bitcoin mania and are Bitcoins reborn “Tulips”?

One side delivers compelling conviction that it is financial freedom, the other portrays it is financial armageddon and there appears to be no middle ground in the discussion of it as a monetary system (vs an investment tool).

I welcome any further comments you can make to enlighten the rest of us.

Respectfully,
PH

Death Taxes

ANSWER: There are those who are touting that Bitcoin will only rise, just as Irving Fisher was saying about the stock market just before it crashed. Bitcoin is the biggest scam of authoritarian government known to history. Ben Franklin said:

“Our new Constitution is now established; everything seems to promise it will be durable; but, in this world, nothing is certain except death and taxes.”

Our illustrious politicians overruled the Founding Fathers, who prohibited Direct Taxation, knowing that it was the path of tyranny and hatred of the rich that pours through every line written by Karl Marx. They implemented the income tax with a Constitutional Amendment in 1913. Ever since we have had class warfare. The Democrats seek to bribe people for their votes, always promising to rob the wealth from one person to give it to another. The courts selectively allow discrimination by class and talent because that pays their salaries. It’s illegal to discriminate against someone for their race, but if they have more money than you, it’s then fair game.

Part of the problem has been the uneducated propaganda against the Federal Reserve printing money and attributing that to the bankers as if it should be in the hands of the politicians. This has distorted the very definition of money. They then blame the Fed for inflation instead of the politicians who love to say that they can spend whatever they want and that it is the Fed’s job to make it noninflationary.

Money functions as the (1) unit of account and (2) as the accepted medium of exchange. It has been the dream of bureaucrats to be able to trace every transaction and ensure they get their pound of flesh every time there is a transaction. We are the enemy. Never forget that. Like the Mafia engaged in a protection racket, bureaucrats are no different. Pay or go to prison.

Heleny

Cryptocurrency is absurd. Why? We just had two back-to-back hurricanes here in Florida. While I personally have a power generator, the power grid went down, and the internet went down. The stores had no power and could not even take a credit card. If you wanted anything, it was physical cash only. With no power, you could not even go to an ATM to get some money. In Florida, you learn you should always have some cash on hand, just in case.

If even a credit or debit card does not work without power, neither will crypto. The internet was down for over 10 days. All those selling crypto for the government only see their dream of taxation on absolutely everything – even that 16-year-old girl next door who watches the kids so you and your wife can go to dinner. You gave her $20? OMG. That’s why the government has deficits.

China Cowry Shell Evolution
Minoan Ingot Sheep Skin

 

Money has been everything from seashells and gold to things of value such as bronze, grain, and sheep skins. When it comes down to durable money, it typically has practical use – utilitarian value. In prison, it used to be a pack of cigarettes, and then it became a pack of mackerel.

Rome AesSignatum Bull

Here is a Roman bronze ingot known as an Aes Signatum (5 lbs) of bronze with the equivalent image of one head of cattle. I’m sorry, but money that depends on the power grid and can be programmable subject to a bank -debanking you, is not a sustainable monetary base. This would lead to an economic recession and a restriction on commerce.

Market Talk – December 13, 2024

December 13, 2024

Market Talk 2017

ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 decreased 378.70 points or -0.95% to 39,470.44
• Shanghai decreased 69.62 points or -2.01% to 3,391.88
• Hang Seng decreased 425.81 points or -2.09% to 19,971.24
• ASX 200 decreased 34.30 points or -0.41% to 8,296.00
• SENSEX increased 860.93 points or 1.06% to 82,150.89
• Nifty50 increased 219.60 points or 0.89% to 24,768.30
The major Asian currency markets had a mixed day today:
• AUDUSD decreased 0.00141 or -0.22% to 0.63549
• NZDUSD decreased 0.0028 or -0.48% to 0.57550
• USDJPY increased 1.087 or 0.71% to 153.718
• USDCNY increased 0.00514 or 0.07% to 7.28159
The above data was collected around 15:02 EST.
Precious Metals:
•  Gold decreased 28.85 USD/t oz. or -1.08% to 2,651.84
•  Silver decreased 0.433 USD/t. oz. or -1.40% to 30.462
The above data was collected around 15:04 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
•  CAC 40 decreased 11.37 points or -0.15% to 7,409.57
•  FTSE 100 decreased 11.43 points or -0.14% to 8,300.33
•  DAX 30 decreased 20.35 points or -0.10% to 20,405.92
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.00277 or 0.26% to 1.04962
• GBPUSD decreased 0.0056 or -0.44% to 1.26175
• USDCHF increased 0.0004 or 0.04% to 0.89265
The above data was collected around 15:08 EST.

US/AMERICAS:

US Market Closings:

  • Dow declined 86.06 points or -0.2% to 43,828.06
  • S&P 500 declined 0.16 of a point or unchanged to 6,051.09
  • Nasdaq advanced 23.88 points or 0.12% to 19,926.72
  • Russell 2000 declined 14.18 points or -0.6% to 2,346.9

 

Canada Market Closings:

  • TSX Composite declined 136.41 points or -0.54% to 25,274.3
  • TSX 60 declined 7.88 points or -0.52% to 1,516.97

 

Brazil Market Closing:

  • Bovespa declined 1,460.61 points or -1.16% to 124,581.6
ENERGY:
The oil markets had a mixed day today:
•  Crude Oil increased 1.215 USD/BBL or 1.74% to 71.235
•  Brent increased 1.078 USD/BBL or 1.47% to 74.488
•  Natural gas decreased 0.1678 USD/MMBtu or -4.86% to 3.2872
•  Gasoline increased 0.0063 USD/GAL or 0.32% to 1.9988
•  Heating oil increased 0.0355 USD/GAL or 1.59% to 2.2701
The above data was collected around 15:11 EST.
•  Top commodity gainers: Crude Oil (1.74%), Cocoa (6.91%), Orange Juice (1.86%) and Rapeseed (1.73%)
•  Top commodity losers: Platinum (-2.05%), Butter (-2.22%), Palladium (-2.79%) and Natural Gas (-4.86%)
The above data was collected around 15:27 EST.
BONDS:
Japan 1.0400% (-1.08bp), US 2’s 4.25% (+0.050%), US 10’s 4.4040% (+7bps); US 30’s 4.62% (+0.069%), Bunds 2.2615% (+7.25bp), France 3.037% (+6.3bp), Italy 3.3930% (+5.85bp), Turkey 28.34% (-11bp), Greece 3.020% (+5bp), Portugal 2.721% (+5.7bp); Spain 2.918% (+5.1bp) and UK Gilts 4.4180% (+5.33bp)
The above data was collected around 15:35 EST.
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