Thursday, August 6, 2015

Would Bill Be a Sexy First Lady?

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Our computer says that Bill Clinton will not get to dress up for  White House Parties — what a shame. He would have been one of the sexier/flirtier First Ladies we’ve had in a long time. The election cycle for 2016 seems to be another forecast that the computer has been spot-on about. We will see a rise in voter turnout and a rise in anti-establishment feelings toward government. This trend has been appearing in Europe, such as generational war in Scotland and other 
places. Trump is receiving the vast majority of youth support and is drawing in people who have never voted before. When the economy turns down, this trend will increase. The establishment doesn’t get it. This cycle will be more than they ever thought possible in many different ways.

Economists Say Trump is Wrong



Yahoo reported that economists deny Trump’s ability to bring jobs back to America  from China and other countries. Well, the economists are wrong. All it would take is a repeal of the income tax. Nearly half of the cost of labor is taxation. If you want to create jobs, cut the income taxes. That does not mean merely corporate, as that would not reverse the trend alone. You need to eliminate payroll taxes and personal income taxes.

The repeal of the income tax should also apply to states, and all taxation should be restricted to what the Founding Fathers concluded — indirect taxation only. That means consumption taxes EXCLUSIVELY. Then it also does not matter who is here, as illegal aliens would pay the same as citizens. Income taxes only apply to citizens or those with green cards.

Tuesday, August 4, 2015

You Have Been Warned

They will tell you you have been warned ....Are you listening?


July 2014 – BIS  –BIS Issues Strong Warning on “Asset Bubbles”
 
July 2014 – IMF –Bloomberg: IMF Warns of Potential Risks to Global Growth

October 2014 – BIS –“No One Could Foresee this Coming”

October 2014 IMF Direct Blog — What Could Make $3.8 Trillion in global bonds go up in smoke?

October 2014 IMF Report –“Heat Wave”-Rising financial risk in the U.S.
 
********  December 2014 – BIS –BIS Issues a new warning on markets
December 2014 – BIS —BIS Warnings on the U.S. Dollar
 
February 2015 – IMF – Shadow Banking — Another Warning from the IMF – This Time on “Shadow Banking”
 
March 2015 – Former IMF Peter Doyle – Don’t expect any warning on new crisis -Former IMF Peter Doyle: Don’t Expect any Early Warning from the IMF –
 
*******April 2015 IMF – Liquidity Shock –IMF Tells Regulators to Brace for Liquidity Shock
 
May 2015 BIS – Need New “Rules of the Game” –BIS: Time to Think about New Global Rules of the Game?

June 2015 BIS Credit Risk Report –BIS: New Credit Risk Management Report

June 2015 IMF (Jose Vinals)  –IMF’s Vinals Says Central Banks May Have to be Market Makers

*******BIS June 2015 (UK Telegrahph, no blog article) —The world is defenceless against the next financial crisis, warns BIS

July 2015 – IMF – Warns US the System is Still Vulnerable (no blog article) —IMF warns U.S.: Your financial system is (still) vulnerable

July 2015 – IMF – Warns Pension Funds Could Pose Systemic Risk (no blog article) –IMF warns pension funds could pose systemic risks to the US

Is this you?

Greek Market Plunging - Euro Or Drachma?