Let's analyze what happened in
Armstrong's case, from CFTC press release:
In July, 2004, the CFTC entered an order against Harold Ludwig, former co-director, with Martin Armstrong, of PGM, which required Ludwig to pay $4.9 million in restitution and a $2 million civil monetary penalty for his role in fraudulently allocating profitable trades to benefit himself rather than the Princeton customers. Also in July, 2004, the CFTC entered an order against William Rogers and Maria Toczylowski, the former President and Vice President, respectively, of the commodity futures division of Republic New York Securities, Corp. (Republic). The order required them to pay $6 million and $400,000 in restitution and $2 million and $240,000 in civil monetary penalties, respectively, for their roles in executing net asset value letters that intentionally misrepresented the true values of the Princeton accounts and for assisting in fraudulently allocating trades to the detriment of Princeton customers (See CFTC Press Release 4952-04, July 13, 2004).
Co-director Ludwig admitted guilty, and pay $6.9 million for restitution. Officers at Republic New York Securities paid over $2 million for their assistance to PEI/Armstrong.
And Armstrong claiming innocence?? WHY would ANY officers at the brokerage house ASSIST anyone to fake the customers' statements willingly? Armstrong is an expert swindler, who just knows how to pay his way to fake trading success.
Think about it. Co-director is guilty, and Armstrong is either a blind old man or a darn stupid guy who cannot see the fraud happening under his eyes. OR that he IS guilty, except he has never wanted to admit that.
Armstrong probably stole millions of dollars from customers. Now he is back at his best in his games, defrauding millions of naive retail investors, and he claims for
EDUCATIONAL PURPOSE
Hello?! ?Everything is just an EDUCATIONAL purpose for the naive retail investors, NOT to listen to this con artist ever again.
That's informative. Fine. But where is the punch line? We need new case studies, evidence, proof, exposure of the inconsistencies case by case.
If you could wrap this up to expose the Forecaster movie as a lie and paid-for misinformation / infomercial name clearing device as suggested by critics already, then that would be something.
You would be able to use this old material, recycle it and put it into context with new claims that
Martin Armstrong made. That is how to do it, and this is what
armstrongecmscam.blogspot.com is about and should be about.
Why does it work? Because that is the trick that
Martin Armstrong uses - you use his own trick and turn it against him.
Again, in other words, you unwrap his story, reconstruct the reality from facts and show exactly what the difference is between the two versions which shows the stuff he lies about. Simple.
Take
This one as an example. At a first glance, it looks ridiculous. Who would have thought about it? It is the first time anybody ever wrote about it.
You pick a theme, research the facts, and in no time, you nail him against the wall because he lies about everything.It always works because he MUST contradict himself. In this case, it is impossible that he is a government advisor while every child knows that he writes that government "is too stupid to manage a bubblegum machine" (search google if you don't believe me). Again, piece of cake. Took me three hours.
And it is easy because for a nobody without a college degree such as
Martin Armstrong to be government advisor, this is an extraordinary claim.
If no proof of that is provided as in this case, too bad for him, you win, because as you said, extraordinary claims need extraordinary evidence.
And you win TWICE and ridicule him if you find facts that contradict this claim such as him calling his clients idiots.
