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The Club & Why the Majority Must be Always Wrong

The Club & Why the Majority Must be Always Wrong 

QUESTION: Mr. Armstrong; I did my own research on the 1998 Russian collapse. All the big names lost billions. Even the New York Times reported that George Soros lost $2 billion. You were the only one who made money so it made sense that you were named hedge fund manager of the year in 1998. My question is this. Since all the big names were involved in the Russia trade which took down Long-Term Capital Management, is this why you call them the “club” for they all do seem to be involved in the same trade?

DU

ANSWER: Correct. This is also why they try to prevent people from listening to me. They are convinced that the reason they lost was that I was too influential and had too many institutions listening to me. That absurdity is what they ran to the government with, so I was then accused of “manipulating” the world economy. They all lost after I warned them and refused to join in their takeover of Russia I believe I was given the nod by the Clintons. They told me they had the IMF in their back pocket and they would continue to fund Russia. I warned them that the IMF got their funding from governments and they were not going to back it.

The Russian financial crisis hit Russia on the 17th of August 1998. Our World Economic Conference was held in London that June. Our forecast was then published by the London Financial Times on the front page of the second section.

They did not give up. After they got the Federal Reserve to bail them out, they then focused on setting up Yeltsin and got him to divert $7 billion in IMF loans. Even CNN reported the money was stolen from the IMF.

CNN Theft of IMF Money – Sep. 1, 1999

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Truth and Free Speech Are Being Taken Away From Us

Truth and Free Speech Are Being Taken Away From Us

Free speech and the ability to speak truth are being shut down. It is happening with the complicity of the print and TV media, the liberal/progressive/left, the US Department of Justice (sic), the law schools and bar associations, Congress, and the federal judiciary.

The attack on Julian Assange is the arrow aimed at the heart of the ability to publish the truth. If a journalist can be indicted for espionage for publishing leaked documents that a corrupt government has classified in order to conceal its crimes, the First Amendment is dead.

Moreover, as the claim is that government was harmed by Wikileaks publishing the truth, Assange’s secret indictment sets the precedent that truth is harmful to government. This precedent will be extended to include the publication of any information or opinion, classified or not, that the government regards as harmful. The media then officially becomes what it mainly already is in effect—a Ministry of Propaganda for the government and those who control it.

As a person who has held high security clearances, I can say with confidence that no more than one percent of classified information falls in the realm of national security. Most classification is simply to prevent the people and Congress from knowing what is going on. Classification allows the various components of government to put the spin where they want it. “National security” has always been an excuse accepted by patriots for the government to conceal its wrong doings and hidden agendas.

Give thought to the alleged harm done by Wikileaks publishing the information leaked by Bradley Manning and the Clinton emails that were downloaded onto a thumb drive and not hacked as security experts have proved.

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Nation Transfixed In Horror By Toy Bombs While Destroying Lives With Real Ones

Nation Transfixed In Horror By Toy Bombs While Destroying Lives With Real Ones

Media headlines have been dominated for the last two days by the news that pipe bombs are being sent to Democratic Party elites and their allies, a list of whom as of this writing consists of Bill and Hillary Clinton, Barack and Michelle Obama, Joe Biden, George Soros, Maxine Waters, Eric Holder, Robert De Niro, and the CNN office (addressed to former CIA Director John Brennan who actually works for NBC). As of this writing nobody has been killed or injured in any way by any of these many explosive devices, and there is as of this writing no publicly available evidence that they were designed to. As of this writing there is no evidence that the devices were intended to do anything other than what they have done: stir up fear and grab headlines.

And of course it is a good thing that nobody has been hurt by these devices. Obviously targeting anyone with packages containing explosive materials is terrible, even if those devices were not rigged with the intention of detonating and harming anyone, and it is a good thing that not a single one of them has done so. It is a good thing that none of America’s political elites were targeted by the sort of explosive device that America drops on people in other countries every single day. You know, the kind that actually explode.


Apparently some Acme comedy bombs mailed to a number of extremely rich people, which thankfully did not hurt anybody at all, are infinitely more newsworthy than the real bombs which maim and destroy children in Yemen on an industrial scale.


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The Clintons and Their Banker Friends

The Clintons and Their Banker Friends

The past, especially the political past, doesn’t just provide clues to the present. In the realm of the presidency and Wall Street, it provides an ongoing pathway for political-financial relationships and policies that remain a threat to the American economy going forward.

When Hillary Clinton video-announced her bid for the Oval Office, she claimed she wanted to be a “champion” for the American people. Since then, she has attempted to recast herself as a populist and distance herself from some of the policies of her husband. But Bill Clinton did not become president without sharing the friendships, associations, and ideologies of the elite banking sect, nor will Hillary Clinton. Such relationships run too deep and are too longstanding.

To grasp the dangers that the Big Six Banks (JPMorgan Chase, Citigroup, Bank of America, Wells Fargo, Goldman Sachs, and Morgan Stanley) presently pose to the financial stability of our nation and the world, you need to understand their history in Washington, starting with the Clinton years of the 1990s. Alliances established then (not exclusively with Democrats, since bankers are bipartisan by nature) enabled these firms to become as politically powerful as they are today and to exert that power over an unprecedented amount of capital. Rest assured of one thing: their past and present CEOs will prove as critical in backing a Hillary Clinton presidency as they were in enabling her husband’s years in office.

In return, today’s titans of finance and their hordes of lobbyists, more than half of whom held prior positions in the government, exact certain requirements from Washington. They need to know that a safety net or bailout will always be available in times of emergency and that the regulatory road will be open to whatever practices they deem most profitable.

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