The Aspect of the Midterm Elections Being Ignored | Armstrong Economics

Posted on by johnbarleycorn12

While we are still waiting for the final election results to determine if we elected a Bearish Reversal in the Senate for the Democrats, the dust is beginning to settle and people in the political realm are beginning to review the results closer. While many of the press try to claim Trump’s calling the election a victory is false, in fact, they are dead wrong. It is now clearly established that Donald Trump’s election was by no means an accident or some one-time fluke. His victory in the Senate clearly established for the first time that a populist can retain power for more than a single election. Now Trump still has a hold on the Senate and the rest of the Republicans will begin to take him more seriously. That means his nominations for various posts can be expected to push through and the Democrats will be powerless to stop that position. The Democratic victory in the House is really like Don Quijote fighting windmills. Yes, they will now have subpoena power to go after Trump. But the House can bring an impeachment against the President and need 258 votes to do so, but the trial must take place in the Senate. The Democratic party will hold anywhere between 46 and 48 seats in the US Senate and that means it was a NET LOSS and there is NO CHANCE they will be able to take the Senate before 2024. The Democratic party currently holds 49 seats and if they come in at 46, that will be a MAJOR sell signal for the Democrats moving forward. They will do their best to obstruct Trump for the next two years in a desperate hope of winning the White House in 2020. Yet they may appear so obstructive, it could easily come back to push them down significantly if they end up with less than 47 seats in the Senate.
— Read on www.armstrongeconomics.com/international-news/politics/the-aspect-of-the-midterm-elections-being-ignored/

I think this truth is beginning to settle in, especially with Sessions being removed.

Kennedy – Roosevelt & Corruption? | Armstrong Economics

Posted on by johnbarleycorn12

QUESTION: Mr. Armstrong; I had always heard that Kennedy made a fortune on Scotch. My question is, where they booze runners during the Prohibition? Thank you GR ANSWER: No. But they actually used Roosevelt to secure that lucrative import trade of Scotch – my favorite drink. Joe Kennedy traveled to London in 1934 on the steam-driven ocean liner, the SS Europa. While he brought his wife with him he also brought James Roosevelt (1907 – 1991), the American president’s oldest son. The trip was portrayed as a please vacation, but bringing the President’s son was the clear signal it was not a vacation. Kennedy’s main prize would be to gain the British rights to send Scotch whiskey, gin, and other imported liquors. He knew based upon inside information that Prohibition would be ended. Joe brought the president’s 25-year-old son to help organize a private visit with Winston Churchill. He used Roosevelt’s son to get that contract. The deal paid off and Joe got the private meeting with Churchill and visited him at Churchill’s Chartwell home. So you see, political inside favors have been going on a very long time. James Roosevelt was closely linked with Joseph P. Kennedy Sr. Many of James Roosevelt’s controversial business ventures were indeed aided by Kennedy. Jame’s dealings were often clouded. In fact, Treasury Secretary Henry Morgenthau even threatened to resign unless FDR forced James to leave a questionable company which became known as the National Grain Yeast Corp. affair (1933–35), which was believed to be just a front for bootlegging. It was James Roosevelt who lobbied his father to make Kennedy the ambassador to the United Kingdom. James was a shading type of character in the eyes of many. Later on, during July 1938, there were allegations that he had used his political position to steer lucrative business to his insurance firm. He was then forced to publish his income tax returns and denied these allegations in an NBC broadcast and an interview in Collier’s magazine. This became known as the Jimmy’s Got It affair after Alva Johnston’s reportage in the Saturday Evening Post. Roosevelt resigned from his White House position in November 1938. The press was often highlighting how rich Jimmy was becoming when his father was a Socialist.
— Read on www.armstrongeconomics.com/world-news/corruption/kennedy-roosevelt-corruption/

Corruption in politics is not new