NYC Out of Control – Giant Short!

 

Posted Feb 22, 2024 By Martin Armstrong

Letitia James – the Destroyer of Worlds

NYC is totally out of control. These bogus charges were never brought against anyone, and there was no victim. This definition of fraud can be applied now to anyone in NYC. This is obviously an attempt to interfere in the 2024 election, for if Trump had not run for president, there would have been no such charges.

New York is just so UNAMERICAN you can’t make this up. This radical Attorney General not only has Trump BARRED from running his own company, but they also appointed a former organized-crime prosecutor to manage the Trump Organization who has no business capability. The state is attempting to seize total control of the financial assets of Trump without a jury trial to shut him down to prevent him from running for office. Trump was denied the right to defend himself before a jury. They did that to my company, Princeton Economics. Their agent/receiver fired all the staff and then moved to shut it down. Then, their appointed receiver became a board member of Goldman Sachs while running my company from their boardroom. This was also all without any right to a jury trial.

They alleged that $1 billion was missing. When I told them the bank stole the money, they said they believed the bank. Yet there was never any evidence that I had withdrawn money, and in the end, the bank had to plead guilty and repay my clients. Still, they used a fake allegation to seize Princeton Economics. They shut down all forecasting, which was their covert goal, and made up allegations that NOT one member of the press questions except Mark Pittman of Bloomberg News, whom they promptly barred from writing about what they were doing. Trump is getting the same treatment.

Welcome to NYC – not the Big Apple – the sewer of legal corruption.

Trump needs to file bankruptcy in Florida.

That will move all his assets to Florida, and then he can save his companies.

DO THAT NOW ASAP!

Then, SELL Everything in New York City. 

NO court in New York will EVER uphold the Law.  

Legally, it would require the Supreme Court to Intervene.

This is so outrageous; I fear that Trump’s case will be the catalyst for the decline and fall of the United States. We cannot possibly stand united as a nation under such an outrageous legal system. When the rule of law collapses like this, no nation has ever survived long throughout history. We can now see 2032 coming and why the computer has forecasted that there may not even be a 2028 election. They need to stop Trump because they are taking us to War, canceling the paper money, and taxing everything we do for climate change. At the same time, the WHO orders lockdowns and mandatory vaccines as they surrender our sovereignty.

New York City is Completely Out of Control

The integrity of assets is seriously under question. My sincere advice to Trump is to sell all of your NYC assets and get the HELL OF NYC! Nobody should invest in anything in New York City, for there is no rule of law and, even worse, no separation of powers. It is a political dictatorship that you cannot fight for. NO judge in New York City will defend the Constitution and go against their peers.

While the trucker known as Chicago Ray started calling on truckers to boycott NYC, all they have to do is target someone, and they will routinely use taxes to go after innocent people as well as journalists if they do not cooperate. Chicago Ray has backed down yet, claiming, “No one’s got to me … I heard what drivers were saying, and I’m hearing some of that today; I ain’t scared of s–t.” I met a former executive from the NY Post who they put in prison because he would not yield to the Deep State. He explained they call with a “favor,” and if you do not comply, they come after you personally. In his case, they claimed he hired people who did not show up to work. New York City is beyond hope.

SELL NEW YORK NOW

I warned that Trump would NEVER get a fair trial in New York City – I have NEVER seen anyone EVER get a fair trial in New York City. When my case began, they brought it to New York when the accounts were in Philadelphia. They claimed there was the COMEX for the venue, so that was good enough even though currencies traded in Chicago. When my lawyer heard they filed the case in New York City, he said oh shit. I asked what was the problem. He said you don’t understand. New York practices law differently. Boy, did I find out.

Judges can alter the transcripts and change the words you speak in court. The Court of Appeals ruled they did not have the power to order the judges to obey the law (see UNITED STATES V. ZICHETTELLO 208 F3d 72 (2d Cir 2000) at page 97).  A federal statute 18 U.S. Code § 1519 defines that as a felony with 20 years in prison. I forced Judge Owen to admit he was altering my transcripts, and the DOJ would not indicate him; the Court of Appeals lost my appeal THREE TIMES and then said I was out of time. The ONLY reason they released me was because the Supreme Court agreed to take my case. So they released me and told the Supreme Court the case was moot. Otherwise, I would have died in solitary confinement.

Remember MF Global. That is when Judge Martin Glenn seized the assets of all clients to protect the banks that Jon Corzine was trading with. The trustee overseeing MF Global’s liquidation eventually confirmed that the amount of customers’ funds from the failed brokerage was at least $1.6 billion. This was the biggest financial crime, perhaps in history, far worse than Madoff. This is the outright theft of client funds sanctioned by the court, which protected all the bankers. Nobody was being called to account because MF Global, which was headed by former Goldman Sachs CEO, Senator, and New Jersey Governor Jon Corzine, was also protected. The client’s funds were illegally seized by the NY court and were used to cover the losses to the bankers completely in violation of the law.

This collapse was the eighth-largest corporate bankruptcy in U.S. history. Corzine was never charged because he was one of them – a Democrat. The US Regulators investigated only whether MF Global tapped into client money from clients’ accounts as its financial condition worsened. They are ignoring the fact that it was trading with client money before the last few days. Brokerage Houses are required to keep customer money separate from the firm’s money, but that was simply not being enforced in the instant case. This is why having an account with a NY entity is highly dangerous – there is no rule of law in NYC.

As an astute lawyer wrote in about New York, he correctly pointed out that there is no rule of law, for it is a corrupt city with a “connection-based society,” not a “contract-based society.” Contracts mean nothing in New York, and this is why no bankers ever go to prison there. The courts will always rule against people for political objectives.

In 1951, NY executed an innocent woman they KNEW was innocent. It was April 5th, 1951, when Julius Rosenberg (1918-1953) and his 35-year-old wife Ethel (1915-1953) were sentenced to death using this Espionage Act. Today, everyone concedes that his wife’s crime was simply being married to Julius. The prosecutors charged her, thinking it would force him to give up his contacts, which he never did, most likely because he had none.

A co-defendant of Julius and Ethel  Rosenberg, Morton Sobell (1917-2018), admitted for the first time that he was a Soviet spy on his deathbed at 91 after serving 30 years in prison but also made it clear that Ethel was innocent. Sobell passed military secrets to the Communists in World War II when the nations were still allies, he told the New York Times. Sobell, who served 18 years for espionage, said Julius did pass secrets, but Ethel, executed with her husband in 1953, was guilty of nothing more than being Mrs. Rosenberg.

Under our legal system, the Jury can nullify the conviction using common sense based on their own sense of justice. Our corrupt judges will never instruct the jury that they have that power. The JURY can refuse to follow the corrupt law and acquit a defendant even when the evidence presented seems to point to an incontrovertible verdict of guilt. Personally, I think the Jury should be told that they have the power to nullify a conviction as well as to direct charges and reprimand the prosecutor in such a case for his abuse of power.

 

All I can say is GET THE HELL OUT OF NYC before there is NO BID!

It’s a Sanctuary City, and Taxes will Only Rise to Pay for the onslaught of uneducated illegal migrants.

 

Programming

Posted Jan 28, 2024 By Martin Armstrong 

QUESTION: In the video that you just share about the Model, you explain that you programmed Socrates to look at the whole world and “analyze” (this is key) the word analyze, if I understand programming a computer is a a bunch of If then or For Next, how do you program a computer to “Analyze” something, I don’t mean to prey but is there another way to program a computer that I am not aware of?. You make it seem like Socrates has a super brain and is Analyzing on his own without following any rules, if that is the case, how can a computer do that.

Thank you for all you do, you really make my brain jump and my eyebrows get together not to mention all the frowning trying to understand the HOW.

NM.

ANSWER: Programming is an art. Two programmers may write a program with the same end result, but their code is completely different. Even when I go back to look at the code I wrote, it is not easy. I have to clear my head and keep notes as to how I approached a problem at a particular junction. It is extremely complex, and I have to clear my mind. But to create Socrates, it required that (1) I understood trading and (2) I also had to understand how to program at the assembler level. A trader trying to communicate his experience to a programmer is like speaking a different language without a translator. When he does not understand, he screams louder as if that will make a difference.

That simple line of code from BASIC, if then else, opened the door to everything. When I learned to code, it was before C language or anything else. We coded in assembler, and basic was a major advance. I wrote Socrates in BASIC and then optimized the code in assembler. The programmers I have today wanted to know why even all the data is in binary – not ASCII. I had to show them the way we used to code, and binary is so much faster.

All of these new languages that have come out compile their code back to assembler. They are higher levels to enable someone to understand coding better, but that code is then compiled to the assembler, and it then runs the computers. Most programmers today are unfamiliar with even how to optimize in assembler, as this assembler routine concerns file dates illustrated here. You have to understand the computer structure, and you are moving data (MOV) into registers to process it.

You cannot program in assembler without understanding CPU Registers. The role of Registers in Computer Organisation and Architecture is vital. They are like a scratch pad. They play a fundamental role in computer organization and architecture by providing the processor quick access to data and instructions. They are a part of the CPU’s internal control unit, responsible for managing the workflow and coordinating the operations of different components of a computer system.

I did not code rules. As a history buff, I took energy; it moved from olive oil to whale oil to crude oil. So, I did not code some rule that crude oil is the only energy source. For all I know, 100 years from now, it could be Azuki beans.

A human would consider interest rates, the stock market, taxes, and perhaps gold and currency to decide. Socrates correlates with absolutely everything. Is it a Super Brain? Perhaps. The reports it writes every day alone are over 1,000. There are not enough analysts in the world to match its output. I used it to restructure multinational companies. I became friends with Lady Thatcher because I directed companies that needed skilled labor to set up in Britain. The best tax deals for airlines I was sending to Ireland. The results from Socrates is far more than trading a single market.

It has so many ways of analyzing markets, and then it correlates them all from cyclical to the Global Market Watch (GMW), which is pattern recognition. It has cataloged over 100,000 different patterns. It is forecasting the entire world. In doing so, it is tracking capital flows. It even tracks real estate worldwide, interest rates, and politics.

 

The Global Market Watch was developed back in the early ’90s for one of our major portfolio clients so they could look at an entire sector without reading every report. You have to understand when managing heaps of money, you have to be on top of the entire world. The fact that Socrates covers everything, once a client is familiar with how it works, it is the same system applied globally. We have been doing this since 1981 and have the longest track record. People know us for our consistent forecasts.

This is not modern Machine Learning where you pray and hope the program will figure out how to trade all by itself. I had to put my own experience into this and teach it how to be an international hedge fund manager. You cannot leave it to chance.

I had no idea it would forecast wars. That is why I was accused of manipulating the world economy; they argued I had too much influence. That is just absurd. No market can be manipulated in isolation. All the bankers blew up in 1998 with Long-term Capital Management because they thought they could manipulate Russia. They failed and blamed me for having too much “influence,” which is what they tried to buy.

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The Silver Democrats tried that in the 19th century, overvaluing silver, and they bankrupted the United States in 1896. That is when JP Morgan had to lend the US Treasury $100 million in gold. Overvaluing silver attracted silver to pour into the USA, which swapped it for gold that was then exported. Here is Puck Magazine, which shows the United States drowning in silver.

Everything will be arbitraged on a global scale. You cannot have gold at $2,000 in USA and $3,000 in London. They will buy the gold in NY and sell it in London. People who make up these manipulation stories have no real trading experience.

Programming in the 19th century

Posted Jan 28, 2024 By Martin Armstrong

COMMENT: Dear Marty,
your blog post on programming and programmers having same results with different programs brings back memories. i went to high school in hawaii in the late 70’s and we had a mainframe and 2 courses for 2 languages, FORTRAN and assmebler. i took FORTRAN, the smart guys took assembler and we all did our programming on punchcards. woe to student who drop his stack of punch cards. it was almost better to re-type a new stack than to try resort them. there was a guy in the assembler class who was a kind of genius. there was a time he wrote a program in assembler for an assignment and his stack of cards was about less than an inch while others in the class had stacks that there 6+. when they turned in the assignment, the teacher look at his code and output (printed out of course) with this shocked look and said, oh, i guess you could do it like that! i would never have that kind of talent so i gave up programming and went the lawyer route. the logic is not quite the same but if you hum a few bars it rythmes.
cheers,
frank

REPLY: OMG, you indeed bring back memories. Programming with punch cards predates computers for all the programmers writing in. This all began by recording on a cylinder with protruding nobs that when it revolved, the code embossed on the cylinder corresponded to the notes of a song. This is how music would play as the cylinder revolved. This was the forerunner to punch cards used in early computers to input data and run a rudimentary program.

This idea of a punch system was also widely used throughout the 20th century for controlling textile looms during the Industrial Revolution. However, the idea first emerged during the 1700s with a musical snuffbox called carillons à musique. By the late 19th and early 20th century, this system controlled fairground organs and related instruments.

Punched cards were used through most of the 20th century in what became known as the data processing industry – the use of unit recording machines organized into data processing systems for data input, processing, and storage. This was the logical extension of its use in music and repetitive machines during the Industrial Revolution. Early digital computers employed punched cards that were prepared using keypunch machines as the primary input medium for both computer programs and data.

Even former Chairman of the Federal Reserve, Alan Greenspan, wrote:

“As I wrote programs using punch cards in the 1970’s. I’d used this technique myself, writing programs on punch cards at Townsend-Greenspan. It’s never entered my mind that such programs, extensively patched, might still be in use at the end of the century, I never bothered to document the work.” 

Writing in Assember was cleaner and brief. It was difficult at first, but once you got the hang of it, it was faster than anything. I would write in BASIC back then, compile it to Assembler, and then optimize it to run as fast as possible. The programmers on staff today still marvel at an old DOS program I wrote, which runs in 640K, yet it swaps out sections of memory back and forth to maximize its use of memory, and it is still faster than anything written with today’s languages. That is all because the routines were in Assembler.