Authored by Brandon Smith via Alt-Market.com,
In the months leading up to the 2016 election I had been predicting a Trump win based on a particular theory which I believe still holds true today – namely the theory that the global banking elites in power were allowing so-called “populist” movements in the US and Europe to gain political traction near the very end of the decade long “Everything Bubble”. Once populist groups were entrenched and feeling overconfident, the cabal would then tighten liquidity into existing economic weakness and crash the system on their heads. Populists would get the blame for an economic disaster that the central banks had engineered many years in advance.
Once enough suffering had been dealt to the populace, globalists and extreme leftists would arrive on the scene to offer anti-populism as a solution; meaning the centralization and socialization of everything on a scale never before witnessed except perhaps in the darkest days of the Bolshevik Revolution.
This theory allowed me to predict the success of the Brexit vote in the UK, Trump’s entry into the White House, the Federal Reserve’s interest rate hikes and balance sheet cuts into economic weakness, and now it is looking more and more like my March prediction of a “No Deal” Brexit will turn out to be correct with Boris Johnson rising to the position of Prime Minister. So, I continue to stand by it.
By extension, for a couple of years I have been examining the strange correlations between the background and policies of Donald Trump and the background and policies of Herbert Hoover; the Republican president that oversaw the great crash of 1929 and the beginning of the Great Depression.
One of Hoover’s first actions as president in response to the fiscal tensions of 1929 was to support increased tax cuts, primarily for corporations (this was then followed in 1932 by extensive tax increases in the midst of the depression). Then, he instituted tariffs through the Smoot-Hawley Act. His hyperfocus on massive infrastructure spending resulted in U.S. debt expansion and did nothing to dig the U.S. out of its unemployment abyss. In fact, infrastructure projects like the Hoover Dam, which were launched in 1931, were not paid of for over 50 years. Hoover ended up as a single-term Republican president who paved the way socially for Franklin D. Roosevelt, an thinly disguised communist and perhaps the most destructive president in American history.
It was Hoover and his “protectionist” policies that were blamed for the Great Depression (along with the gold standard), yet it was the Federal Reserve which created the entire calamity. The Fed’s policy easing in the 1920s led to the extensive bubble in banking and stock markets, and the Fed’s rate hikes and liquidity tightening in the early 1930’s exacerbated the crash and extended the depression for many years. Former Fed chairman Ben Bernanke even openly admitted that the Fed was responsible for the Great Depression in a speech made in honor of Milton Friedman in 2002. He stated:
“In short, according to Friedman and Schwartz, because of institutional changes and misguided doctrines, the banking panics of the Great Contraction were much more severe and widespread than would have normally occurred during a downturn.
Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.”
Of course, the Fed IS doing it again. For over a year and a half the Fed has been instituting liquidity tightening into economic weakness at the onset of the crash of one of the biggest financial bubbles in the history of the economic world. It is a bubble they created with the intention of deliberately imploding it, and the process has already begun. As I have noted numerous times, the crash in fundamentals is well underway, with almost every sector of the economy in retreat except the three indicators that the Fed and the government statistically manipulate: GDP, employment, and stock markets.
Trump is not innocent in this scheme, either. After months of rightly criticizing the Fed during his campaign for inflating a fake economy and stock market, Trump pulled a 180 on his supporters after becoming president and has now attached his administration so completely to the Everything Bubble (and stock markets in particular) that it is assured he and his conservative followers will take the blame as it collapses.
I am also not the only person noting the comparison between Trump and Herbert Hoover. Trump’s similarities to Hoover are being mentioned endlessly the past year in the mainstream and leftist media with a particular focus on the trade war. Trump’s trade conflicts are providing the perfect cover for the banking elites to pull the plug on the economy, while escaping any blame. The narrative is being set up for a crash and the plan is to make populists, nationalists and sovereignty activists the scapegoats.
So, the question is, if Trump is playing the role of a modern day Hoover, and the current crash in fundamentals is set to become another long term depression, then who is the next Franklin D. Roosevelt; the communistic president or political group to push America even further into the socialist fold?
It is hard to say at this time if Trump, like Hoover, will be a one term president. If the economic crash continues on its current pace then it is unlikely that Trump could secure a second term in 2020. That said, the advent of a shooting war with a country like Iran could conceivably change the dynamic even in the midst of a financial crisis.
Whether in 2020, or 2024, I believe Trump and the populist revolt will be replaced with a socialist fervor beyond anything we saw during the Obama Administration. Just as conservatives surprised the world in 2016, I believe the hard left will surprise the world in the next 5 years.
I find it rather suspicious the amount of media attention hard leftist politicians with little experience are receiving in the mainstream media these days. I am also suspicious of the amount of attention Donald Trump is paying to these same politicians in what appears to be another scripted wrestling match for the benefit of the public. Yes, I’m talking about the “four horsewomen of the Apocalypse” and the ongoing soap opera dramatics between them and Trump that continually keep these junior upstarts in the spotlight despite all reason.
It is perhaps very hard to notice right now in the middle of Trump fever, but I see the beginnings, the root or the seed, of a massive narrative change in the elevation of political extremists like Ayanna Pressley, Alexandria Ocasio-Cortez, Rashida Tlaib and Ilhan Omar, also known as “the squad”. Yes, they seem to be universally hated in Washington right now, and the abject failure of AOC’s “Green New Deal” makes it appear as if there is little support for their ideas, but again, look at how much attention these nobodies are accumulating…
I am reminded of the early hints of Barack Obama’s run for president even though he had little political experience compared to his opponents, most of it as a state senator. People running against him during his early career on the Democratic and Republican sides seemed to keep dropping out of the races due to sexual scandals. Then, Obama received overt attention from the mainstream media and even The Daily Show before he ever announced his run for the Oval Office. The build up was obvious for analysts that recognized the signals. Obama had been anointed by the elites.
AOC and “the squad” are being marketed in a very similar manner to Obama; as hopeful, young, vibrant, full of energy and ready to take on the world. The kind of cheesy, heart-clutching Disney movie sales pitch that Democrats and leftists go crazy for.
Today, comparatively “moderate” Democratic presidential candidates for 2020 such as Bernie Sanders and Elizabeth Warren are falling all over themselves to promote “the squad” and get their political approval and support. It is clear that hard line leftists are dictating the conversation on America’s future governmental path, and that path is one of extreme centralization, globalization, and bureaucratic tyranny in the name of fraudulent environmental panic.
Interestingly, Elizabeth Warren is garnering attention lately with her warnings of coming economic calamity under the Trump Administration. Her observations are very obvious to most of us and not worth noting here; it’s nice that Warren is mentioning the prospect of economic danger in the mainstream, but she’s years late to the party. I would point out, though, that this marks a turning point in the 2020 election conversation. Suddenly, the Democrats are seriously talking about the potential for a financial crash - which says to me that the crash that is already happening today is about to accelerate even more in the next year. The globalists are setting the stage for the Democrats to say “See, we told you so”, as an election year approaches.
At this point, given her recent statements, I will have to predict that Elizabeth Warren is the intended Democratic candidate for the 2020 election.
It is important to remember that public sentiment is fickle, and can change so swiftly it boggles the mind. With the advent of a major economic disaster and maybe even a kinetic war that the US cannot sustain or win in the long run, the predictions of globalists and leftists that populist movements are a “crisis waiting to happen” would be fulfilled. Trump has no real control over the economy, of course, and the Fed determines when and how a financial bubble will pop; but that will not stop the majority from laying the blame on the feet of Trump and his political base. The introduction of hardcore socialism as the preeminent American ideal would be a much easier sell at that point.
In the middle of societal catastrophe, that which we once thought impossible becomes probable. I predict that the “four horsewomen of the Apocalypse” and their ilk are chosen by the globalists to take control of the US in the next decade after Trump and the populists are fully discredited in the eyes of more than half the country and the world. To be certain, there are many of us who will not accept open socialist/communist governance and all the tidings that come with it (including carbon controls and disarmament of the population), and I have no doubt civil war would erupt.
The point is, we should expect this outcome as one the globalists will force. The signs are visible now. The policies of these women, which are utterly insane and bankrupt of logic, are going to become the prevailing ideals of the next political revolution. Count on it.
* * *
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via zerohedge
USA!USA!USA! Trump 2020 all the way !
(D)’s go away…far away since you all hate America !
Amen
Everyone of you on “our” side better harden your hearts. When war breaks out against the commies and globalists, they will want to kill us all. If we are to win, we have to eliminate as many of them ASAP. And “Bleeding Hearts” aren’t going to DO it.
Very incite full to a 77 Year old retired banker!!! “The CRA Banker”
It is hard to fathom why anyone who invests in any endeavor or ‘opportunity’ would also immediately dig a hole to bury themselves. Why would the elites want to destroy their own country. What good is their wealth then?
You can’t get blood from a turnip, as the old adage goes; there’s no tax money to collect when no one has a job or income. Socialism never works in the long-term. Eventually the money runs out. Then, the elitists starve too.
The squad will not last long enough to ‘take over’, as babies rarely play well together long-term, and at least one of them is under investigation; but Demonrats multiply fast . . .
Just like the depression era, folks will learn to do with less, and the big-city atmosphere will lose it’s attraction; thereby rebuilding conservativism.
Stock up, buy bullets and toilet paper, and oil the guns. The zombies are coming.
This man Trump has to go. He is ruining America at the bequest of his friend Putin. For us, America is first. As soon as he is out of the Presidency, he will go to jail and everything will go back to normal. We want decency, civility and moral values. He has none of those things.
Iris you are kidding - RIGHT!! What land did you live in through the early and mid 2000’s. Unemployment was at it’s highest. Taxes where at their highest and small businesses went under EVERY SINGLE DAY.. Civility can only occur when ALL agree it is the right thing to do. And, as stated over and over again, if you are attacked, like Trump has been, are you going to stand and fight or run and cry like a little baby? Just asking.
Cheryl, you hit it right on the nose when you asked how someone would respond after being attacked like Trump has been non stop 24/7 by the haters that can not get a grip on life because their candidate did not win the election . Trump has every right to defend his and the first lady’s honor and the honor of the office of the president . These trump haters would rather loose it all and see the country plunge into a depression than work with trump for the good of all American’s .
Oh boo hoo poor wittle little BABY boo hoo poor wittle grump boo hoo hoo
Amen
“decency” like democrat Maxine Waters calling for her supporters to get out there and get in the face of the people that don’t agree with them creating a new form of road rage pitting american against american , “civility” like Anti fa and thugs coming down on police and getting it to the point now that if the cops try to do their job they are called racists or bigots and of course the big one that the trump haters love to toss around “moral values” just like the democrats plans to allow the killing of babies through abortion right up till birth or even after in some cases , are those moral values ? to me it sounds like legalized murder instead of moral values so for the democrats to be preaching moral values to the rest of us and hold a straight face is a crime in it’s own right .
Dems have no moral values. Late term abortion, infanticide, freebies for ILLEGAL ALIENS while we have VETS & Americans living in literal filth are homeless. DJT will be a 2 term president. I thank GOD every day this man gave up a billionaire life to help us get back on the right track. He loves this country. He isn’t taking a salary. His money goes ro charity. Not a single other president has done that. This man isn’t racist. He dated a black model in the early 2000’s. He is trying to unite us while dimwit dems are trying to divide us.
To all dems reading this. WAKE.UP.
UNITED WE STAND DIVIDED WE FALL
GOD BLESS DJT & GOD BLESS AMERICA
democrat party in danger of being labeled as a terrorist party should not allow socialist scum to be in their party
Moron
What dummycrat has moral values when they believe in killing babies and this LGBTXYZ filthy nonsense?
true murder is murder
Do you know why Dems are called DIMWITS? Because you fools are not the brightest bulbs in the chandeliers. Quit watching FNN & the otber fake news MSNBC. Its making idiots out of you people. RORFFLMFAO
Other. Damn auto correvt changes words. LOL
Do you mean to say like we used to display before the Dems and Clintons ruined everything?
Iris Minerva Rivera you really need mental health
Well, you’re just an very insightful, special kind of STUPID, aren’t you iris? You can’t even back up what you’re saying with anything even remotely substantive. People like you are utter morons who can’t see or think for themselves. Maybe if you’d stop drinking the kool-aid and remove your head from the demoncrap rectum train, you’d be able to clean the crap from you’re eye’s, ears and mouth and actually say something intelligent. Good luck dearie.
Iris Minerva Rivera, did you forget the 8 years of the coon? The head of quantitative easing?
Remember QE-1 through 3? Three being the fed pumping 30 billion a moth into the stock market to prop it up, and buying our own debt. Also, your coon was the first, and only president to get our triple A credit rating lowered.
WOW!!! You are some kind of deluded lady!
Glad not everyone on this site thinks voting against their own interests is a good thing. Tax breaks for the rich to benefit the working classes - the spin they have to put on that must be making them dizzy.
It will be nice just to not have to deal with the most brazenly corrupt administration in our history. Hopefully it won’t be too late to save our planet as well.
Pure Balony! Never heard of you let alone your past predictions.
Amen
You are a freaken moron, go crawl back under your rock.
Proof that you’ve been BRAINWASHED, Reagannomics, call it trickle down cut taxes on the rich raise taxes on the working poor like doubling social security tax, Right To Work, destroy Labor Unions Wages by 70% cut working hours so you no longer can recieve company sponsored healthcare surrender all your basic rights as a human being so they can treat you worse than an animal Wal-mart ring a bell to name just one of hundreds, Americans For Prosperity remember the 8 Trillion Dollars Bush gave the failed Banks now thats PROSPERITY and don’t forget that the CEO’S paid no Tax on their cut, They’re Coming For Your Guns first Militarize Law Enforcement remember Bush then go get their guns, Claim Dems behind Deep State but make sure you never TAX THEM just say they’re to powerfull admit that as Republicans your too Chickenshit to stand up for America back to Reagannomics,Military Industrial Complex always heavily fund this program too control the population and keep them suppressed remember CONTROL AT ANY COST STUPID POOR PEOPLE WILL PAY FOR IT back to Reagannomics,Claim Dems support SOCIALISM but make sure to heavily support CORPRATE WELLFARE call it CAPITALISM note the ISM Republicans are to stupid to comprehend the similarity back to Reagannomics take from the poor give to the rich SOCIALISM, MAGA Clean The Swamp increase the number of Lobbyist increase the DEBT CEILING LIMIT give more tax cuts to rich increase the size and scope of the GOVERNMENT back to the Deep State maintain POWER AT ALL COSTS
IF the banker do as this author “predicts,” then “We the People,” must react as the Citizens in Iceland did and JAIL them all!!! Throw them in jail, whether the politicians like it or not, and throw away the keys. The People of Iceland had the right idea and took care of business. We need to keep that in mind and follow suit as necessary.
I am a legal American citizen and I find your captcha code hurtful, hateful and disrespectful. I think the four horsemen should be stopped by any means possible, but, the humane thing to do would be to arrest them for treason so they spend the rest of their lives in prison so the will not be able to socialize us. I love America and I want my freedom.
AMEN!!! I grew up overseas and in many of the sh*tholes of this world in Africa and the Middle East. I can honestly tell you, there is no place in this world I would rather be than in the USA. We need to fight like hell to maintain our freedoms and sovereignty. Don’t buy into this demoncrap “democratic socialist’ BS. All anyone need do is look at the millionaires and billionaires espousing the “virtues” of this socialist/communist garbage to know they are liars and hypocrites, who are screwing with the lives of those they believe to be stupid and inferior to themselves.
PASS AND SPREAD TO ALL YOU KNOW!!!The DDD(Dumb,Dumber,demonrats) want a socialist USA. Obama was influenced by the writings and philosophies Saul Alinsky, author of the book, “Rules for Radicals,” and later by Frank Marshall Davis, with similar philosophies.Barak Obama followed the philosophies of these ‘role models’ throughout his days as a Community Organizer for ACORN, using tactics that appeared to some as ‘shaking down’ businesses in exchange for not branding them ‘hate groups.’And apparently Obama is still following those radical rules today.Recall that Hillary Clinton did her college thesis on his writings and Barack Hussein Obama writes about him in his books. How to create a social state by Saul Alinsky:There are 8 levels of control that must be obtained before you are able to create a social state.The first is the most important.1) Healthcare — Control healthcare and you control the people2) Poverty — Increase the Poverty level as high as possible, poor people are easier to control and will not fight back if you are providing everything for them to live.3) Debt — Increase the debt to an unsustainable level. That way you are able to increase taxes, and this will produce more poverty.4) Gun Control — Remove the ability to defend themselves from the Government. That way you are able to create a police state.5) Welfare — Take control of every aspect of their lives (Food, Housing, and Income).6) Education — Take control of what people read and listen to — take control of what children learn in school.7)Religion Remove the belief in the God from the Government and schools.8) Class Warfare — Divide the people into the wealthy and the poor. This will cause more discontent and it will be easier to take (Tax) the wealthy with the support of the poor.Now, think …Does any of this sound like what is happening to the United States? Alinsky merely simplified Vladimir Lenin’s original scheme for world conquest by communism, under Russian rule. Stalin described his converts as “Useful Idiots. “The Useful Idiots have destroyed every nation in which they have seized power and control. It is presently happening at an alarming rate in the U.S. “It is difficult to free fools from the chains they revere.” I must repeat a famous quote from Winston Churchill ( who was a lib in his early political life ) ” IF YOU ARE NOT A LIBERAL BY AGE TWENTY YOU HAVE NO HEART, IF YOU ARE NOT A CONSERVATIVE BY AGE FORTY YOU HAVE NO BRAIN ”
It is a historical fact that every piece of racist legislation that was
ever passed and every racist terrorist attack that was inflicted on
African Americans, was initiated by members of the Democratic Party.
History shows that during the past 160 years the Democratic Party
legislated Jim Crow laws, Black Codes and a multitude of other laws at
the state and federal level to deny African Americans their rights as
citizens. Congressional records show it was Democrats that strongly
opposed the passage of the 13th, 14th and 15th Amendments. These three
Amendments were introduced by Republicans to abolish slavery, give
citizenship to all African Americans born in the United States, and give
Blacks the right to vote. Congressional records show that Democrats
were opposed to passing the following laws that were introduced by
Republicans to achieve civil rights for African Americans: Civil Rights
Act of 1866 Reconstruction Act of 1867 Freedman Bureau Extension Act of
1866 Enforcement Act of 1870 Force Act of 1871 Ku Klux Klan Act of 1871
Civil Rights Act of 1875 Civil Rights Act of 1957 Civil Rights Act of
1960 And during the 60’s many Democrats fought hard to defeat the 1964
Civil Rights Act 1965 Voting Rights Act 1972 Equal employment
Opportunity Act After reviewing all of the evidence, many believe
America would have never experienced racism to the degree that it has,
had not the Democrats promoted it.Source material by Wayne Perryman
The DDD(DUMB DUMBER demonrats) Party started with slave owners of the
south. The KKK was founded and run by DEMOCRATS.DEM President Woodrow
Wilson proudly showed to his Cabinet at the White House the WHITE
SUPREMACIST film “Birth of a Nation” which gloried the KKK. Wilson
segregated the Federal government. The KKK rose to its zenith of power
and respectability because of DEM Pres. Wilson.Margaret Sanger, the
secular patron saint of the DEM Party, was a rabid RACIST WHITE
SUPREMACIST Eugenicist who dreamed of eliminating Blacks from the human
gene pool. LIBS looove her.All but 3 of the 24 Southern DEMS, including
Sen. Al Gore Sr, who for RACIST reasons voted against the Civil Rights
Act of 1964, remained lifelong DEMS as did most their children and
grandchildren. They did not all become Right Wing Republicans. DEM
Senator Robert Byrd, who Hillary called her mentor ant the Conscious of
the Senate,, was KKK Grand Dragon who recruited over 150 new KKK
Klansmen. Republican party was founded to END SLAVERY and it did It
continued through the days of LBJ and his “Great Society”. The demonrats
still own slaves, that population that sucks upthe welfare and other
enhancements to sustain their lives(“YOU”) with absolutely no remorse
for taking unearned welfare. demonrats are desperate to keep these
programs alive and increasing to enhance their voting block and make
their welfare recipients dependent on them. As LBJ(after assassinating
JFK, yes demonrats did that to there OWN PARTY)said at the signing of
his “Great Society” legislation, “We have now secured the N vote for the
next hundred years.” In other words, he made the
Black/White/Red/Yellow, and Brown Population of welfare recipients
slaves to them with no way out. You say I am WHITE PRIVILEGED I am a
HighSchool dropout I “GET NO HANDOUTS” and “I SUCCEEDED in this GAME
CALLED LIFE” by HARD WORK and PERSEVERANCE and I have to OVERPAY for
insurance to cover demonrats NON-WORKING SORRY -SSES. I raised two
children one w/a Phd/MedDr and another w/MBA on a low income middleclass
salary w/NO HELP FROM NO-ONE(Govt Asst)! So you no what…YOU ALL CAN
KMA with your racebaiting BS get up off your SORRY -SSES and make
something of yourself. Break “THE demonrat STIGMA OF RACISM THEY HAVE
“PUT” AMONG US!” Quit having the govt supporting you and do it yourself
The key to success in this world is to work hard and do what is right.
Trying to forcefully take success from people and redistribute it will
never work, and the harm always outweighs the good.
Brilliantly stated. Thank you
Donald Duck, were you asleep for the 8 years of the country killing coon butt plug Barry?
Keith exactly what i said taking from the hard working Americans and giving it to the corprate raiders that love China Is Socialism Also the Hatred, KKK, White supremacist Racists people and family’s have lived in the South for 3 hundred centuries only difference now RETARDICANS CONTROL THE SOUTH
Ah excuse me Donald Duck 300 centuries is more years than I reckon you could cslculste
Should read calculate
that picture above truly makes me fight the urge to throw up… just embarrassing to see utter trash like that in our country… how does such ignorance happen? just disgusting
Dems suck!
If civil war breaks out my son whom love and admire would be on the opposite side.
So do what any good RETARDICAN would Do KILL him now remember save america go grump
Iris, your post is entertaining however insipid. How long have you been deranged? The values you espouse in your post are those of conservatives and Republicans not the DemWits trying to destroy our President. Apparently, you would look to AOC+3 to exemplify morality, decency and civility. Recent video’s gone viral show one of the upstanding Representatives of your views literally having to be dragged, kicking screaming and flopping around like a madwoman from a Trump rally before he was even elected. Another shows another “Squad” member blaming all of the Country’s woes on “white men.” This was right after 8 years of Obama. Same “lady” supposedly married her brother, lied on immigration documents and committed tax fraud — very moral, upstanding and decent! A third has decided that Donald Trump isn’t The President, he’s just the “occupant” of the White House. Her view has apparently been adopted by the Speaker of the House, herself slowly sliding into senility along with Robert Mueller, both probable heroes of yours. Then we have AOC herself. Terrified by a garbage disposal but supposedly competent to rearrange America our economy, our energy policies and virtually the entire country for the rest of us. “Socialism is the answer” she screams. Sorry Iris. Thankfully, the inane protestations of you and those you support will not materialize here in the greatest country on earth. They (the swamp denizens) were getting close, and then along came Donald Trump who has exposed those in the swamp for the idiots they are along with their evil intentions.
WE need to abolish the civil rights act of 1964 and 1965 and loving verse Virginia because it never should have been passed. The UN section 2 forbids racial genocide and the bible forbids race mixing and homosexuality. Do not let your sons marry their daughters. Do not let your daughters marry their sons Do not make a covet with them. ACTS you can not have clean from unclean. Ted Cruz said on TV homosexuals are to be put to death which is a verse in the Bible. It also says no man shall lay with man as with a women. No women shall lay women as with a man. Meaning homosexuality is a sin. Sodom and Gomorrah was destroyed because of all the evil homosexuality, race mixing and evil. The family was told to leave the town and no to look back, but what did the wife do? She looked back and was turned into a pillar of salt. Homosexuality is a sin just like race mixing is and its against the law of nature and Gods law. They have a chemical imbalance in their brains. Democrat liberal communists need to be kicked out of America.