Preparedness Notes for Friday — November 1, 2024
November 1st is the birthday of economist Martin A. Armstrong. (Born, 1949.) For many years he was a prisoner of conscience, in part because he refused to turn over his proprietary trading algorithms to Federal prosecutors. After seven years in prison without a trial, the longest Federal incarceration for contempt in American history. Armstrong was finally put on trial in a proceeding that was branded as a sham. He was convicted on securities fraud charges based on some marginal testimony and given a five-year sentence. He was released from prison in September of 2011. Notably, Armstrong continued to write his …