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The Hunt for Taxes In Spain | Armstrong Economics

Posted on by johnbarleycorn12

COMMENT: Dear Marty, Hope you are doing great. Recently you may have heard Cristiano Ronaldo, the best football (what you guys wrongfully call soccer 😉 ) player in the world has left Spain’s Real Madrid and signed for Italian Juventus. There are many reasons behind this which involve broken promises of a better salary and especially lack of support on his situation with the Spanish tax department which has been very aggressive on him and other football players lately; now it has surfaced he is even planning to cancel a construction of a hotel of his own in Madrid, sources point to the tax witch hunt as the main reason for this decision as well. This way Spanish La Liga has lost one of the two best players in the world who happened to each play for one of the two biggest clubs in Spain, now the most important football match in the world has lost a lot of appealing as well. It’s incredible how governments destroy all good things in their despair to find money, not realizing they only dig themselves deeper into trouble. Btw, Cristiano sold about 520,000 Juventus jerseys with his name only on his first day at his new club making around 52 million Euro which is half what Juventus paid for his transfer and way more than the extra 18,8 million the Spanish government is demanding from his pockets, if you add what the guy generated in publicity and TV audience one doesn’t need to be a rocket scientist to see that running him out of Spain was not a wise business decision. JC REPLY: Those in government NEVER make wise business decisions. All they ever do is envy people in the private sector. You generally have two types of people who work in the bureaucracy (excluding Department of Justice). They tend to be there because they are afraid of risk and seek government jobs because there is ZERO chance of getting fired. The other person is there to punish the world for their own lack of talent. Far too often they will hunt down people with money to abuse them as much as possible as a pay-back to society for their own failures. The Department of Justice is either a parking place for people who CANNOT find a real job in the REAL WORLD, or they are there to win prosecutions and then pretend to be selling their experience to get those big paying jobs. They are either looking for such a job or they enter that field and then become a politician. As Nigel Farage said: Politicians are dominated by lawyers, but they are the failed lawyers.
— Read on www.armstrongeconomics.com/world-news/taxes/the-hunt-for-taxes-in-spain/

World Wide Election Rigging by the Queen’s Privy Council

Posted on by johnbarleycorn12

Evil is as evil does.

Our Spirit's avatarAmerican Intelligence Media

LORD MARK MALLOCH-BROWN – THE GLOBALIST RACKETEER KINGPIN RUNNING THE QUEEN’S PRIVY COUNCIL WITH GEORGE SOROS

He rigs elections from Venezuela to Estonia

He rigs electronic voting machines owned by him, George Soros and Mitt Romney

He controls the Senior Executive Service (SES)

He steals trillions of dollars from inventors, Main Street and a rigged global stock market

His slogan should be Make America British Again

CONTRIBUTING WRITERS | OPINION | AMERICANS FOR INNOVATION  | JUL. 20, 2018, UPDATED JUL. 21, 2018 | PDF | https://tinyurl.com/y8falsxy
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Meet Malloch BrownFig. 1—Lord Mark Malloch-Brown, age 64. Meet the man who directs the Queen’s Privy Council’s One World Government takeover of America. Click here for a full biographical timeline. The most accurate one available, to our knowledge. WARNING: We have uncovered more than 3,408 relationships that Lord Mark Malloch-Brown has failed to disclose to the public in any securities and ethics disclosures. Here is…

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A Friends Facebook Post

Posted on by johnbarleycorn12

I LOVE TRUMP!!! (no, I don’t… but I knew that would get your attention) I know a lot of people wonder exactly where I am at, politically…mostly because I haven’t joined the daily Trump porn parade and don’t post anything political on FB anymore.It isn’t that I like Trump… or that I don’t see every little thing that is going on now because I certainly do.I pour over economic and political blogs and newsletters every single day and posts from a wide range of sources…and I monitor mainstream news sources just to analyze the public manipulation being done… and I am always concerned about developments in this country (and the world) and have been for decades. I think this video captures my views better than anything – putting everything in a broader historical context really puts things in the right perspective.I have been studying history, politics, geopolitics, and economics, including producing my own material on these topics, for 40 years now and have been part of a “resistance” as long as I can remember.I have zero affinity for either the republicrats or the dempublicans and am free to derive good governmental and economic thought from wherever it comes from – liberalism,libertarianism,conservatism,socialism,communism, anarchism and everything in between.Does anyone realistically think that any single one of these ideologies has the correct answer for every situation? I don’t really engage anyone on these topics anymore (except my circle of like scholars) because there is no constructive results in it.Most seem to think that if I don’t hate Trump with my every breath than I clearly don’t “get it” and that I’m naive.I look around and see people who actually believe in the fake two party system and accept whatever party line is spewed in a bought and sold media.. and politicians, on both sides of the aisle,who are criminals, opportunists, sociopaths, and liars… and I think they are the naive ones.Democrats AND Republicans are on board with perpetual global war, endless spending, endless bureaucracy, perpetual bank bailouts, global central bank intervention, debasement of the currency and monetizing debt, total global surveillance, torture, extraordinary rendition, global military interventions and regime change, bloated defense spending and waste,Support District gerrymandering,Mass deportations and incarceration, the militarization of the police in equipment and tactics,support Israeli occupation,the co-opting of US foreign policy by a foreign government – Israel,the privatization of war by using mercenaries and corporate support,the militarization of space,unsustainable public sector debt, a massive deficit,social engineering, international trade treaties that only consolidate corporate power,long term broken education systems,Support predatory lending,offshore tax shelters, corporate welfare,Routinely lie to, manipulate, and exploit their bases, Have corrupt election practices,protect their fellow elites from scandals involving everything from fraud to pedophilia, Intervention in all foreign elections,Nuclear expansion, Gitmo, A Stock Market expansion based on fraud,The corporate-government partnership (what used to be called fascism) especially with giant Tech transnationals,Perpetual war propaganda towards Russia and China,Criminal pharmaceutical exploitation, The agricultural-Industrial complex, Perpetual undermining of the US Constitution, Pandering to the oil industries,Support ex-presidential allowances, Congressional insider training and continuous raises, No term limits,Congress not using the same health system they oversee, A Congress full of lawyers and millionaires,Don’t support line item vetoes, Use and support fake govt and corporate accounting, Support crony capitalism instead of actual capitalism,Support extraordinary presidential war powers,Protect companies like Monsanto, Circumvent legalities with presidential executive orders, Support autocratic and corrupt regimes in Ukraine,Turkey, Iraq, Afghanistan, and Saudi Arabia, Supported wars in Iraq, Syria, Libya, and Yemen,etc, etc………..The bottom line: I love all my friends too much to have any issues due to political stances that want to divide us.My other bottom line is I am completely an independent and very anti-war. My political and economic (and religious) views are but one fraction of who I am as a whole person and I am VERY independent in my political views – it’s just that whatever view you have, if it’s different from the person in front of you, they don’t want to hear anything unless you already agree with them…….hell…people who like The Beatles better don’t unfriend people who think The Rolling Stones are better – lololol.

First Corporate Bankruptcy in China & How the Central Bank is Addressing the Problem | Armstrong Economics

Posted on by johnbarleycorn12

The the first debt bankruptcy of a major corporation in China has now taken place here on schedule in 2018. This first bankruptcy of a major corporation was due to over-indebtedness which occurred in the current year. The South China Morning Post reported that coal company Wintime Energy has been forced to cease operations after failing to repay a central government bond. The company had recently accumulated a debt of 72.2 billion yuan (about US$10.8 billion). The company’s debt had quadrupled over the past five years. This failure is attributed to difficulties at Wintime Energy with respect to a change in corporate governance strategy that was announced by the central government in Beijing back in 2016. Since then, the authorities have been trying to prevent excessive borrowing by the corporations fearing a debt crisis was building. As a direct result, the previous excessing lending in the shadow banking market came to a virtual standstill. Previously, the government had actively encouraged companies to raise fresh capital by issuing corporate bonds. The Chinese bond market doubled in size within a few years going into 2016. Today, there is about $12 trillion US dollars outstanding, which makes Chinese corporate debt the third largest bond market in the world. This certainly casts a cloud over all the forecasts that have claimed the death of the dollar and the rise of the yuan. With the encouragement of the government to sure-up capital, a massive borrowing process became increasingly out of control without the management skills necessary to understand that there is such a thing as a business cycle. Additionally, the buyers of corporate debt lacked information and experience with debt. There was precious little credit analysis experience in China, which is still maturing, and local rating agencies also did not have the competence to understand debt and currency fluctuations particularly when debt is issued in dollars. Consequently, many fear that there was virtually no due diligence until the government allowed bankruptcy for the first time in 2014 and many see this as a parallel for the crisis in bad debts held by Italian banks that also lacked proper analysis of their books. China’s economic growth has been exploding led by corporate expansion and debt accumulation. This is the concern over the next two years and how the economic engine of China can experience its first real recession moving into the bottom of the Economic Confidence Model in 2020. The Central Bank has been injecting liquidity into the markets on a large scale. The government is thereby injecting cash, but this will still need to be repaid in one year at about 3.3% interest rate. The Central Bank is dealing with the issue directly unlike that central banks in the West who indirectly attempted the stimulus through banks just hoping they would lend out the funds, which they did not. Medium-term notes were first offered directly by the Central Bank to the country’s companies and commercial banks back in 2014. The collateral used is securities pledged by the borrowers. I have pointed out that this is the PROPER way to manage a central bank. The Federal Reserve was originally set up to “stimulate” through buying corporate paper DIRECTLY. That structure was altered by Congress whereby the Fed was directed to buy US government debt exclusively. Therefore, the Fed bought US government bonds hoping the money would find its way into the economy. That effort failed. The Central Bank of China is actually managing the crisis in the proper manner and this will not prevent the downturn, but it will moderate the damage.
— Read on www.armstrongeconomics.com/international-news/china/first-corporate-bankruptcy-in-china-how-the-central-bank-is-addressing-the-problem/

Trump Revolution Spreads to Democrats & They Miss the Point of Alexandria Ocasio-Cortez | Armstrong Economics

Posted on by johnbarleycorn12

The Trump Revolution has clearly now spread to the Democrats. People do not understand that the Trump Revolution is NOT about a particular philosophy. It is about just throwing those in power out. The year 1933 was the same thing. That year saw the extreme-right elect Hitler, the left elect Franklin Roosevelt, and the extreme-left put Mao and communism in power. It did not matter then and as we head into 2019, this will be 86 years from 1933 so expect more dramatic political changes as we have seen in Malaysia, Catalonia, Hungary, and Italy. We should also not forget BREXIT as it enters the critical year 2019. People are rising up against career politicians on both sides of the political spectrum. In New York City, Alexandria Ocasio-Cortez, the 28-year-old who’s never held elected office and was a waitress/bartender, ousted New York City Congressman Joe Crowley in the primary. This has really shaken up the Democrats. Crowley had been considered to be a candidate to become House speaker if Democrats win the majority in November. Now the California Democratic Party issued a stunning rebuke of Senator Dianne Feinstein by decisively handing their official endorsement to State Senator Kevin de Leon, who has been the longshot Democratic challenger against Feinstein. Yet Alexandria has no experience in anything to contribute. She was a bartender and co-workers claim she was greedy, which seems to be a curious trait of socialists for they eye-up what other people have and want to take it with the rule of law. Of course, Feinstein will be THE oldest politician in Congress. She refuses to step down but the establishment Democrats are facing the Trump Revolution themselves. After the primary victory of 28-year-old Democratic socialist Alexandria Ocasio-Cortez, the Democrats see this as a new lease on life. The fact that she is a socialist, this is what the Democrats have focused on. They think she won simply because of her political stand against capitalism instead of the fact that the people voted for her because they are sick and tired of career politicians regardless of their political philosophy. This is the danger I see directly in Washington. As I have said before, there are no mirrors. Consequently, they look at Bernie Sanders who they cheated out of the nomination to stuff Hillary in the White House and now Alexandria. They conclude they want more socialism rather than they do not want career politicians. This will result in the Democrats moving EXTREME-LEFT because they cannot understand what this Trump Revolution is really about – THEM!
— Read on www.armstrongeconomics.com/international-news/politics/trump-revolution-spreads-to-democrats-they-miss-the-point-of-alexandria-ocasio-cortez/

Never thought of it this way