Tom Iceland's Blog - Posts Tagged "blm"
Sell-Off in the Financial Markets Expose the Technology Oligarch’s 2020 End-Game
With all the upheaval surrounding America’s 2020 election year there is plenty of good news on the economic front with signs of a robust recovery from the coronavirus shutdown. Job hiring, consumer spending and manufacturing & production have all posted healthy gains since June and are forecast to pick up momentum through the remainder of the year. So, what could disrupt the positive trend? A lot and it is all on the financial and political fronts.
As my June and August blogs forecasted a correction in the financial markets ensued in the days proceeding the Labor Day holiday, led by a heavy sell-off in technology stocks even though they had carried the S&P 500 (3,581) and Nasdaq (12,056) to historical highs on September 2, 2020. This peak and sell dynamic all happened after the central bankers’ Jackson Hole symposium on August 27, 2020, held virtually this year. Expect more market volatility surrounding the Federal Reserve’s meeting on September 16 as Silicon Valley’s Technology Oligarchs and the monolithic media flex their political influence over the November 3rd election.
Facebook, Google, Microsoft and other technology giants have quite conspicuously shown allegiance with communist China over the best interests of America. While not specifically stated, their actions have all but declared opposition to President Trump’s America First platform that is reshaping America’s domestic economy away from dependence on China. They are running disinformation campaigns that clearly challenge Trump’s successes (i.e. economic rebound, foreign policy, trade deals, etc.) while funding Washington’s established special interests that have been selling-out the American working class for over 25 years.
The Technology Oligarchs ((i.e. Mark Zuckerberg, Sundar Pichai, Bill Gates and more) are heavily allied with the socialist Left that is stoking non-stop civil unrest in America’s cities, using Antifa and Black Lives Matter (BLM ) thugs to harass peaceful citizens dining at restaurants in Rochester (NY), Pittsburgh(PA) and Denver (CO) over the Labor Day weekend, physically assaulting the elderly and disabled. The Left’s disruptions are revealing a pattern of targeting America’s small business owners who are struggling to stay open as they recovery from the coronavirus shock. The appeasing mayors and governors of the cities and states being destroyed by the rioting show little concern for their citizens’ welfare, having embraced the Left’s agenda while, quite bewilderingly, casting blame for the Antifa-BLM violence on President Trump.
Hence, America has entered the final stretch into this November’s election with what is becoming a choice between Trump’s traditional American exceptionalism and the Democratic party’s hardline socialist platform camouflaged in figurehead Joe Biden. With no apparent concern for the consequences, the Democrats’ established leadership is already defiantly voicing that they will in no way accept the November 3rd election results should Trump win.
If anything is evident on America’s political stage this year, it is that the Democrats are in a civil war that is spreading belligerently into greater America. The energized radical socialist faction led by Bernie Sanders, Alexandria Ocasio-Cortez (AOC) and Elizabeth Warren is purging moderate centrist voices in the party such as congressmen Collin Peterson and Dan Lipinski, the latter who lost his primary on March 18, 2020. The aggression bares stark similarities to the dangerous socialist campaigns of Hitler’s Nazis in inter-war Germany and Lenin’s Bolshevik Revolution in 1917 that led to the Russian Civil War and deadly Red Terror.
This brings forth the 2020 end-game goals of the socialist Left and Technology Oligarchs who are calling for a New World Order (NWO) with what’s looking to be a one-world, global socialist government controlled by Central Bankers, Technology Oligarchs and Bureaucratic Elite of the government class that appease not just the Left’s domestic terrorism, but also bully nations like Xi’s China, Putin’s Russia and Castro’s communist Cuba. This heavily socialist NWO would no doubt bring a second American civil war, destroy the Western world’s exceptional prosperity and be globally disastrous to humanity, evidenced by socialism’s 20th century history of killing over 140 million people.
With that, there is a lot that could happen on the economic front this fall after the Fed’s September 16 meeting-the last before the November election-so we need to be vigilant to protect our finances and stay safe. Please enjoy the fall season this year and look for my next blog update after the Federal Reserve’s September meeting minutes are released on October 7.
As my June and August blogs forecasted a correction in the financial markets ensued in the days proceeding the Labor Day holiday, led by a heavy sell-off in technology stocks even though they had carried the S&P 500 (3,581) and Nasdaq (12,056) to historical highs on September 2, 2020. This peak and sell dynamic all happened after the central bankers’ Jackson Hole symposium on August 27, 2020, held virtually this year. Expect more market volatility surrounding the Federal Reserve’s meeting on September 16 as Silicon Valley’s Technology Oligarchs and the monolithic media flex their political influence over the November 3rd election.
Facebook, Google, Microsoft and other technology giants have quite conspicuously shown allegiance with communist China over the best interests of America. While not specifically stated, their actions have all but declared opposition to President Trump’s America First platform that is reshaping America’s domestic economy away from dependence on China. They are running disinformation campaigns that clearly challenge Trump’s successes (i.e. economic rebound, foreign policy, trade deals, etc.) while funding Washington’s established special interests that have been selling-out the American working class for over 25 years.
The Technology Oligarchs ((i.e. Mark Zuckerberg, Sundar Pichai, Bill Gates and more) are heavily allied with the socialist Left that is stoking non-stop civil unrest in America’s cities, using Antifa and Black Lives Matter (BLM ) thugs to harass peaceful citizens dining at restaurants in Rochester (NY), Pittsburgh(PA) and Denver (CO) over the Labor Day weekend, physically assaulting the elderly and disabled. The Left’s disruptions are revealing a pattern of targeting America’s small business owners who are struggling to stay open as they recovery from the coronavirus shock. The appeasing mayors and governors of the cities and states being destroyed by the rioting show little concern for their citizens’ welfare, having embraced the Left’s agenda while, quite bewilderingly, casting blame for the Antifa-BLM violence on President Trump.
Hence, America has entered the final stretch into this November’s election with what is becoming a choice between Trump’s traditional American exceptionalism and the Democratic party’s hardline socialist platform camouflaged in figurehead Joe Biden. With no apparent concern for the consequences, the Democrats’ established leadership is already defiantly voicing that they will in no way accept the November 3rd election results should Trump win.
If anything is evident on America’s political stage this year, it is that the Democrats are in a civil war that is spreading belligerently into greater America. The energized radical socialist faction led by Bernie Sanders, Alexandria Ocasio-Cortez (AOC) and Elizabeth Warren is purging moderate centrist voices in the party such as congressmen Collin Peterson and Dan Lipinski, the latter who lost his primary on March 18, 2020. The aggression bares stark similarities to the dangerous socialist campaigns of Hitler’s Nazis in inter-war Germany and Lenin’s Bolshevik Revolution in 1917 that led to the Russian Civil War and deadly Red Terror.
This brings forth the 2020 end-game goals of the socialist Left and Technology Oligarchs who are calling for a New World Order (NWO) with what’s looking to be a one-world, global socialist government controlled by Central Bankers, Technology Oligarchs and Bureaucratic Elite of the government class that appease not just the Left’s domestic terrorism, but also bully nations like Xi’s China, Putin’s Russia and Castro’s communist Cuba. This heavily socialist NWO would no doubt bring a second American civil war, destroy the Western world’s exceptional prosperity and be globally disastrous to humanity, evidenced by socialism’s 20th century history of killing over 140 million people.
With that, there is a lot that could happen on the economic front this fall after the Fed’s September 16 meeting-the last before the November election-so we need to be vigilant to protect our finances and stay safe. Please enjoy the fall season this year and look for my next blog update after the Federal Reserve’s September meeting minutes are released on October 7.
The Socialist Blitzkrieg 2021
The financial markets are surprisingly calm amidst America’s political chaos, perhaps just a calm before the storm heading into the 2021 New Year. While the markets (i.e. Dow, S&P 500, Nasdaq) hit new historical peaks on November 27th, 2020, a market correction is expected. It could just be a rebalancing and profit taking before the 2020 year end, or could also be a more dramatic sell-off as America’s socialist political realties sink in.
The most probable scenario for a market correction is that the radically anti-business economic policies of a Biden-Harris government will cause consumer and institutional investors to sell and run for cover. Of course, the presidency could well be headed for a contested election where neither Biden nor Trump have the necessary 271 electoral college votes come the congressional roll call on January 6, 2021, which could cause a sharp sell-off in the technology sector, taking most of the market averages down with it.
The socialist Left’s treachery reached a new apex in the November 3rd election drama with coordinated after-midnight election fraud that, by the next morning, suspiciously showed Biden winning the critical swing states of Pennsylvania (PA), Michigan (MI), Wisconsin (WI) and, quite surprisingly, Georgia (GA). The skepticism lies in the fact that when the counting stopped shortly before midnight of election night, Trump was beating Biden by wide margins in all these states: PA 57% to 42%, MI 55% to 44%, WI 51% to 48%, and GA 57% to 42%.
From midnight until the next morning hundreds of thousands of mail-in ballots amazingly surfaced in the megacity poll counting centers of Philadelphia, Pittsburgh, Detroit, Milwaukee and Atlanta where republican observers were bluntly denied their right to monitor the counting, much less verify the mail-in ballots’ legal integrity. These midnight to next-morning ballots overwhelmingly favored Joe Biden defying statistical believability, drawing a qualified analytical critique from a prominent Ivy League mathematician, Professor Steven Miller, as well as a groundswell of complaints from the disenfranchised observers.
On November 7,2020, with no official electoral college presidential victor confirmed, the media and Washington’s bi-partisan Bureaucratic Elite declared Joe Biden the winner, attempting to “steal the election.” Biden and his vice presidential candidate Kamala Harris even gave emphatic victory speeches, televised worldwide with their supporters celebrating all over the world. In the month since, Biden has been popularly referred as the “president-elect” and has proceeded with plans to take over the presidency, already forming a cabinet.
The Biden camp’s attempted election coup was premeditated by the socialist Left, hoping that Americans will either surrender to them or, when the presidential winner is officially decided, unleash its Antifa-BLM thugs to resume their rioting and looting campaign started back in June. Unfortunately, Biden’s abrupt rush to declare victory stokes up the worst case mentioned in my October 2020 blog and could pave the way to the socialist Left’s long-planned civil war.
This leaves scant hope for the best case of Americans uniting to live free and prosper, with little better for the middle case. When the aftermath of the election finally settles, there might be some chance for a middle of the road course, so it’s worth mentioning that for the United States to survive as one country, its people will need to reconcile by, first and foremost, agreeing that we are all Americans, acknowledging the real challenges ahead of us.
My next blog will be coming after Christmas when there will hopefully be more clarity over America’s precarious future. Here is wishing you and yours Happy Holidays. Enjoy the season and please be safe in these uncertain times.
The most probable scenario for a market correction is that the radically anti-business economic policies of a Biden-Harris government will cause consumer and institutional investors to sell and run for cover. Of course, the presidency could well be headed for a contested election where neither Biden nor Trump have the necessary 271 electoral college votes come the congressional roll call on January 6, 2021, which could cause a sharp sell-off in the technology sector, taking most of the market averages down with it.
The socialist Left’s treachery reached a new apex in the November 3rd election drama with coordinated after-midnight election fraud that, by the next morning, suspiciously showed Biden winning the critical swing states of Pennsylvania (PA), Michigan (MI), Wisconsin (WI) and, quite surprisingly, Georgia (GA). The skepticism lies in the fact that when the counting stopped shortly before midnight of election night, Trump was beating Biden by wide margins in all these states: PA 57% to 42%, MI 55% to 44%, WI 51% to 48%, and GA 57% to 42%.
From midnight until the next morning hundreds of thousands of mail-in ballots amazingly surfaced in the megacity poll counting centers of Philadelphia, Pittsburgh, Detroit, Milwaukee and Atlanta where republican observers were bluntly denied their right to monitor the counting, much less verify the mail-in ballots’ legal integrity. These midnight to next-morning ballots overwhelmingly favored Joe Biden defying statistical believability, drawing a qualified analytical critique from a prominent Ivy League mathematician, Professor Steven Miller, as well as a groundswell of complaints from the disenfranchised observers.
On November 7,2020, with no official electoral college presidential victor confirmed, the media and Washington’s bi-partisan Bureaucratic Elite declared Joe Biden the winner, attempting to “steal the election.” Biden and his vice presidential candidate Kamala Harris even gave emphatic victory speeches, televised worldwide with their supporters celebrating all over the world. In the month since, Biden has been popularly referred as the “president-elect” and has proceeded with plans to take over the presidency, already forming a cabinet.
The Biden camp’s attempted election coup was premeditated by the socialist Left, hoping that Americans will either surrender to them or, when the presidential winner is officially decided, unleash its Antifa-BLM thugs to resume their rioting and looting campaign started back in June. Unfortunately, Biden’s abrupt rush to declare victory stokes up the worst case mentioned in my October 2020 blog and could pave the way to the socialist Left’s long-planned civil war.
This leaves scant hope for the best case of Americans uniting to live free and prosper, with little better for the middle case. When the aftermath of the election finally settles, there might be some chance for a middle of the road course, so it’s worth mentioning that for the United States to survive as one country, its people will need to reconcile by, first and foremost, agreeing that we are all Americans, acknowledging the real challenges ahead of us.
My next blog will be coming after Christmas when there will hopefully be more clarity over America’s precarious future. Here is wishing you and yours Happy Holidays. Enjoy the season and please be safe in these uncertain times.
