The Sports Cycle and Western Society

superbowl

 

In May 2015, U.S. federal prosecutors filed criminal indictments against fourteen FIFA employees and associates in connection with an investigation by the United States Federal Bureau of Investigation (FBI) and the Internal Revenue Service Criminal Investigation Division (IRS-CI) into wire fraud, racketeering, and money laundering which was all centered around bribery. Then 16 more officials were indicted in December 2015. We also see that Super Bowl viewership peaked in 2015 at 115 million and has begun to decline from a major 26-year high. Last year, Super Bowl viewership fell to 111 million, which is actually the Bearish Reversal. So if 2017 comes in under 111 million, this will confirm sports have begun a bear market. This is yet another parallel with the decline and fall of the Roman Empire. Continue reading

A Time Bomb

ROME/BERLIN (Own report) – Following Italian Prime Minster Matteo Renzi’s defeat in Sunday’s referendum, Berlin is urging Rome to quickly form a “capable government” and resume its adjustment to the German model of austerity. “The economic problems have to be tackled at the roots,” said Jens Weidmann, head of Germany’s central bank, yesterday. German financial experts are floating the idea of a cabinet of technocrats, modeled on the Mario Monti government. Monti ruled for a year and a half beginning in November 2011, without having been democratically elected and initiated an austerity program considered extremely harsh. Time is pressing: the bank crisis, caused, to a large extent, by bankruptcies due to German austerity dictates, which has been festering in Italy for a long time, is threatening to escalate. The Monte dei Paschi di Siena tradition bank’s recapitalization planned this week is acutely endangered. It cannot be ruled out that its bank crisis could soon spread to other Italian credit institutions and to German banks. Continue reading

The War on Cash – One Giant Leap Forward For Government

smart-phone-money

 

The European Payments Council (EPC), a subdivision of the European Central Bank, is taking one giant step forward in their quest to eliminate all cash to increase taxes. They have gone ahead and set up the technical bases last week to enable the immediate payments system throughout Europe. One of the stumbling blocks has been the fact you cannot transfer money same day for banks like to play with your money and holding it for a few days. If the payment comes from overseas, the bank will not “clear” the funds usually for six weeks. Continue reading

European Central Bank gold reserves held across 5 locations. ECB will not disclose Gold Bar List.

Table 1: Central bank FX and Gold transfers to the ECB, January 1999

 

The European Central Bank (ECB), creator of the Euro, currently claims to hold 504.8 tonnes of gold reserves. These gold holdings are reflected on the ECB balance sheet and arose from transfers made to the ECB by Euro member national central banks, mainly in January 1999 at the birth of the Euro. As of the end of December 2015, these ECB gold reserves were valued on the ECB balance sheet at market prices and amounted to €15.79 billion. 

The ECB very recently confirmed to BullionStar that its gold reserves are stored across 5 international locations. However, the ECB also confirmed that it does not physically audit its gold, nor will it divulge a bar list / weight list of these gold bar holdings.

Questions and Answers

BullionStar recently put a number of questions to the European Central Bank about the ECB’s gold holdings. The ECB Communications Directorate replied to these questions with answers that appear to include a number of facts about the ECB gold reserves which have not previously been published. The questions put to the ECB and its responses are listed below (underlining added): Continue reading

The Winds of War

 

This is a video of Putin explaining the balance of power from the Russian viewpoint. He is absolutely correct in saying that an anti-missile system neutralizes opposition. It would certainly embolden the war hawks into believing that they could defeat Russia and rule the world at the expense of American and Russian citizens.

Montesquieu, who influenced the Founding Fathers in creating the Constitution, met the political leader and soldier known as the Prince Eugene of Savoy (1663-1736). The political discussions between these two men helped Montesquieu understand the evils of government and forged the Second Amendment of the United States Constitution and the right to bear arms. The Prince of Savoy was considered, even by Napoleon, as one of the seven greatest strategists in military history. He fought against the Turks (1683-1688, 1697, 1715-1718) and he fought against the French in the War of the Grand Alliance (1689-1691). He was also the teacher of Frederick the Great of Prussia (b 1712; 1740–1786) who he shaped into a brilliant military strategist. Continue reading

Looking to Charlemagne

The referred to FT article can be found here:

The Holy Roman Empire can help inspire a different European Union

 

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Charlemagne’s legacy is providing inspiration for some in Europe. (Mark Stollarz/AFP/Getty Images)

 

Major media outlets are starting to notice parallels between modern Europe and the Holy Roman Empire. Are these similarities to be celebrated? Check history.

“The Holy Roman Empire Can Help Inspire a Different European Union.” This was the headline of a January 20 article in the Financial Times of Britain.

Many authorities today believe returning to the ways of the Holy Roman Empire would vastly improve Europe. This reflects a dangerous ignorance of history. Continue reading

Italy set for SHOWDOWN with Germany over Deutsche Bank’s rescue package

RELATIONS between Germany and Italy are set to hit breaking point, if Berlin’s steps in to rescue Deutsche Bank, after blocking Rome from doing the same earlier this year.

The leader has reportedly begged Germany to let him loan cash to Italy’s banks, as investors have increasingly lost confidence in the institutions, which are saddled with billions of pounds worth of bad loans.

In particular, Italy’s oldest bank Monte Dei Pasche has looked close to collapse several times this year, and Mr Renzi is still trying to secure a £4.2billion (€5bn) cash injection from investors for the lender. Continue reading

Iran gains Mediterranean bases in Italy and Syria

 

As part of Iran’s drive to rule the strategic waves of regional waters, Tehran has negotiated a naval exchange deal with Rome for its warships to be berthed in Italian ports, debkafile’s military sources reveal.

In this context, the US Pentagon and Navy chiefs once again urged Israel to update and enlarge its war fleet, which they said was “full of holes” to catch up with the rapidly changing conditions opposite its shores, where Russia, Iran and Egypt are building up armadas of warships that are bigger and more advanced than ever before. Continue reading

The Coming Dark Age

QUESTION:

Mr. Armstrong,

Thank you for the time you are spending to educate the public about what it really going on. I have followed your work for years, from before you were released from prison. Over the years you have made several comments about directional changes and have alluded to the idea that a crossroads is coming in that we will either enter another Dark Age or we will see the light towards greater liberty and freedom. More recently, you mentioned the year 2032 as a critical year in this regard.

In addition, you have mentioned that Trump winning the election would postpone the inevitable chaos, but that HRC winning would speed it along. Continue reading

European Leaders Discuss Plan for European Army

The United States of Europe is underway and its complimenting European Army is under construction. You’re looking at quite possibly the world’s next superpower — all courtesy of Germany’s Fourth Reich. All this of course is made easier when you run two-thirds of the Troika and have pushed Great Britain out of the EU bloc. None of this would happen if America would stop suiciding itself into the dustbin of history and remain a reliable partner by standing its ground on the world stage.

Either way, yes, they’re back. If you’re looking for Nazis, you’re 70 years too late. The game plan has entered a new phase.

(Note: The article will remain in full for documentation purposes.)

 

Soldiers from the Eurocorps on parade in Strasbourg, France, on January 31, 2013. Eurocorps is an intergovernmental military unit of approximately 1,000 soldiers from Belgium, France, Germany, Luxembourg and Spain, stationed in Strasbourg. (Image: Claude Truong-Ngoc/Wikimedia Commons)

 

“We are going to move towards an EU army much faster than people believe.”

  • Critics say that the creation of a European army, a long-held goal of European federalists, would entail an unprecedented transfer of sovereignty from European nation states to unelected bureaucrats in Brussels, the de facto capital of the EU.
  • Others say that efforts to move forward on European defense integration show that European leaders have learned little from Brexit, and are determined to continue their quest to build a European superstate regardless of opposition from large segments of the European public.
  • “Those of us who have always warned about Europe’s defense ambitions have always been told not to worry… We’re always told not to worry about the next integration and then it happens. We’ve been too often conned before and we must not be conned again.” — Liam Fox, former British defense secretary.
  • “[C]reation of EU defense structures, separate from NATO, will only lead to division between transatlantic partners at a time when solidarity is needed in the face of many difficult and dangerous threats to the democracies.” — Geoffrey Van Orden, UK Conservative Party defense spokesman.

European leaders are discussing “far-reaching proposals” to build a pan-European military, according to a French defense ministry document leaked to the German newspaper, the Süddeutsche Zeitung.

The efforts are part of plans to relaunch the European Union at celebrations in Rome next March marking the 60th anniversary of the Treaty of Rome, which established the European Community. Continue reading

FINANCIAL WARNING: Italy will CRASH the eurozone if nation can’t take on more debt

It’s a backwards world when you have to have more of what caused the crisis in the first place to ‘fix’ the problem.

 

ITALY’s financial crisis could bring down the entire eurozone unless the nation’s crumbling economy is allowed to rack up more debt.

Near the small central Italian holiday island Ventotene, the French, Italian and German leaders this week discussing pressing issues on a boat.

But each nation is worried they could soon be forced out of power, amid growing pressure on the European Union which major concerns over migration and the economy. Continue reading

Why Hasn’t ISIS Blown Up Rome?

At lunch the other day, a smart man asked me how come there hadn’t been terrorism in Italy, even though Islamic State keeps promising to attack the Vatican.

You’ve undoubtedly been asking yourself the same question, so I’m going to give you the answers.  Answers, plural, because hardly anything happens for a simple reason, especially in a country as tricky and complicated as Italy. So there are several reasons. Continue reading

Article 50 was designed ‘NEVER to be used’ – says the man who wrote the EU divorce clause

THE MAN who wrote Article 50 has admitted it was NEVER supposed to be used as Britain gets set to divorce the European Union.

Giuliano Amato, a former Italian Prime Minister, claimed Britain must “lose” when it comes to finances – so they are forced to stay in the single market. 

Mr Amato told a conference in Rome, he had inserted the get-out clause specifically to prevent the British from complaining that there was no clear cut, official way for them to bail out of the Union.

He said: “I wrote Article 50, so I know it well.” Continue reading

Flexible Union with a European FBI

BERLIN (Own report) – Berlin is applying intense pressure in the aftermath of the Brexit, to reorganize the EU. Under the slogan, “flexible Union,” initial steps are being taken to establish a “core Europe.” This would mean an EU, led by a small, tight-knit core of countries, with the rest of the EU member countries being subordinated to second-class status. At the same time, the President of the European Parliament and Germany’s Minister of the Economy (both SPD) are calling for the communitarization of the EU’s foreign policy, reinforcement of its external borders, the enhancement of domestic repression and the creation of a “European FBI.” The German chancellor has invited France’s president and Italy’s prime minister to Berlin on Monday to stipulate in advance, measures to be taken at the EU-summit on Tuesday. German media commentators are speaking in terms of the EU’s “new directorate” under Berlin’s leadership. At the same time, Berlin is intensifying pressure on London. The chair of the Bundestag’s EU Commission predicts a new Scottish referendum on secession and calls for Scotland’s rapid integration into the EU. German politicians in the European Parliament are exerting pressure for rapidly implementing the Brexit and reorganizing the EU. Chancellor Merkel has reiterated her veiled threat that “reconciliation and peace” in Europe are “anything but self-evident,” should European countries choose to no longer be integrated in the EU.

Continue reading

America in Free Fall

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Image credit: Barbara Kelley

 

Before the Battle of Chaeronea (338 BC), where Philip II of Macedon prevailed over a common Greek alliance, the city-states had been weakened by years of social and economic turmoil. To read the classical speeches in the Athenian assembly is to learn of the democracy’s constant struggles with declining revenues, insolvency, and expanding entitlements. Rome between the First Triumvirate (59 BC) and the ascension of Caesar Augustus’s autocracy (27 BC) was mostly defined by gang violence, chaos, and civil war, the common theme being a loss of trust in republican values. Russia was in a revolutionary spiral for nearly twenty years between 1905 and the final victory of the Bolsheviks in 1922, ending up with a cure worse than the disease. And Europe between 1930 and 1939 saw most of its democracies erode as fascists and communists gained power—eventually leading to the greater disaster of the outbreak of World War II.

The United States has seen periods of near fatal internal chaos—in the late 1850s leading up to the carnage of the Civil War, during the decade of the Great Depression between 1929 and 1939, and in the chaotic 1960s. Something similar is starting to plague America today on a variety of political, economic, social, and cultural fronts.

Continue reading