Category Biden Presidency?

Nov 14 2022

Trump -vs- DeSantis, a Shiny Thing to Set Aside


Posted originally on the conservative tree house November 13, 2022 | Sundance

The old axiom where someone yells, “look over there folks, shiny things“… as a process of distraction, is entirely apropos of how corporations that are running our current election systems are using the Trump -v- DeSantis discussion; with the backdrop of the 2022 midterm election as context.

So, before moving forward to the heart of what we are being distracted from, check out this article from David Solway, he’s correct.  Unless and until the critical issue of “votes” -vs- “ballots” is corrected, pushing DeSantis into the war against the administrative state is akin to throwing a decent general into a lost war.

[…] “In a rigged electoral system, no Republican candidate, not even DeSantis, can be expected to win a national election. DeSantis cruised to victory in Florida because, as governor of the state, he had the means and the authority to ensure a clean election. But he would be helpless against a massive crime organization, aka the Democrat Party, which effectively controls the electoral infrastructure, the physical apparatus, the paid loyalty of election workers, and the federal agencies that oversee the process. If the system is not repaired and made answerable to the people, there will never be a Republican president again.” (READ MORE)

The presumption within the article is that DeSantis is not a participating member of the corporate control system, which, despite the eloquence of the article word assembly, I am not quite willing to accept; especially, with our long history of research into how the administrative state operates proactively to control the levers of power.

However, that said…. let us assume that Deep State operatives from the U.S. State Dept and coordinated globalist operations, in combination with multinational corporations and Wall Street financing, are just accidental to the political orbit of the Florida Governor… and if the assumption of altruistic intent is the guiding naiveté I am requested to accept, then the framework of the author’s prediction is entirely accurate.

Either way, until we address the 800lb gorilla in the room of intentional mass distribution of state and federal election ballots, to low agency or non-existent recipients, for early gathering, trying to amass enough ‘votes’ to defeat a large scale and industrial ‘ballot’ gathering operation is futile.

“The main issue is ballot harvesting [legal gathering] and no-excuse universal mail in ballots. Republicans need to spend big cultivating harvesting operations in key districts across the country where it’s legal until they have enough power to outlaw it, along with no-excuse mail ins.”

[…] Remember, a ballot isn’t the same as a vote and the Democrats GOTV machine know this much better than Republicans seem to. Not saying it’s right, but it’s reality and we can’t live in fantasy land. [Tweet Thread]

Nov 13 2022

Cascading Trouble for FTX Crypto Exchange Leads to Inquiries of Campaign Donations to Democrats and Regulators


Posted originally on the conservative tree house on November 12, 2022 | sundance

FTX crypto currency exchange CEO Sam Bankman-Fried is a major donor to multiple progressive causes and politicians. This week as FTX starts to collapse, the financial system underneath the exchange looks more like a Ponzi scheme falling apart.

The CEO had been a major donor to regulators on Capitol Hill, and the tentacles of FTX extend to Ukraine where Sam Bankman-Fried was operating to support the Ukraine government with crypto currency collections and donations. The FTX corporation and CEO Sam Bankman-Fried is now under multiple investigations.  Here’s the 90-second recap of the current dynamic. WATCH:

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(Via Daily Caller) Sam Bankman-Fried, prolific Democratic donor and ex-CEO of now-bankrupt cryptocurrency exchange FTX, funded the campaigns of members of Congress overseeing the Commodity Futures Trading Commission (CFTC), one of the key bodies tasked with regulating the crypto industry and the subject of Bankman-Fried’s aggressive lobbying.

Bankman-Fried’s FTX is currently under investigation by the CFTC and the Securities and Exchange Commission (SEC) after Bankman-Fried allegedly moved $10 billion in client assets from his crypto exchange to his trading firm Alameda Research, and a liquidity crisis at his exchange which prompted the company to file for bankruptcy. However, prior to the agency’s probe, Bankman-Fried aggressively courted the CFTC – and funded several key lawmakers charged with overseeing the agency, pouring cash into their campaign coffers. (read more)

(Via CoinDesk) The past week has seen a dizzying downward spiral for Sam Bankman-Fried’s huge crypto empire. Bankman-Fried’s FTX crypto exchange has paused withdrawals, and a tentative bailout from rival Binance appears to be kaput. That could put depositor funds at risk, and certainly spells a major setback for not only Bankman-Fried but for the cryptocurrency industry as a whole.

These downfalls aren’t rare in crypto, which is subject to extreme boom-bust cycles. But FTX and Bankman-Fried are unique in the stature they achieved before self-immolating. Over the past three years, FTX has come to be widely regarded as a reputable exchange, despite not submitting to U.S. regulation. Bankman-Fried has himself become globally influential, thanks to his thoughts on cryptocurrency regulation and his financial support for U.S. electoral candidates – not necessarily in that order.

These narratives about both FTX and Bankman-Fried are now clearly dead in the water, given recent evidence that everything was not as it seemed at the exchange, or at Bankman-Fried’s other firm, Alameda Research. (read more)

Nov 13 2022

With Elections Over U.S. Multinationals Begin Announcing Job Cuts


Posted originally on the conservative tree house on November 12, 2022 

There was always a strong suspicion the woke corporations were holding back negative employment intentions until after the midterm elections.

Well, as expected, the U.S. multinationals are starting to announce advanced downsizing.

(CNBC) – Tens of thousands of tech workers have been laid off within days, as tech giants including Meta, Twitter, Salesforce and others shed headcount going into the final stretch of the year. At least 20,300 U.S. tech workers were let go from their jobs in November, and more than 100,000 since the beginning of the year, according to Layoffs.fyi, which tracks layoffs in the field.

Tech workers reported huge drops in confidence in their job security through the summer, as news of layoffs, hiring freezes and rescinded offers put a damper on what’s so far been a worker-driven Covid pandemic recovery.

But the latest headlines are all converging at once as businesses course-correct on over-hiring and acknowledge how rising interest rates are thwarting their growth plans, says ZipRecruiter chief economist Julia Pollak. (more)

Nov 11 (Reuters) – Walt Disney Co (DIS.N) is planning to freeze hiring and cut some jobs as it strives to move the Disney+ streaming service to profitability against a backdrop of economic uncertainty, according to a memo seen by Reuters on Friday.

Chief Executive Bob Chapek sent the memo to Disney’s leaders, saying the company is instituting a targeted hiring freeze and anticipates “some small staff reductions” as it looks to manage costs. (read more)

As noted by Yahoo News, a “wave of layoffs” has begun that encompasses dozens of medium and large corporations [SEE HERE].

The layoffs, outlined in Yahoo, cover real estate, tech companies, banking, finance, automakers, EV startups, and brick and mortar stores like 7-11 and GAP.   It should not come as a surprise, but it is sad to see, nonetheless.

Within the economy, a great pretending can only last so long… then reality hits.

The skilled trades should likely end up in the best employment situation, with the tech sector the worst.  Service industries are also one of the first sectors hit when employment becomes an issue.

With rising interest rates, high inflation, excessive inventories, a shrinking production economy, extreme energy costs and diminished disposable income as a result of inflation and gas prices, there was going to come a time when it all starts to congregate.   2023 looks to be the year when economic pretenses collapse under the weight of having to admit a recession exists.

Nov 10 2022

In Politics – People Want to Believe on What They Want to Hear


Armstrong Economics Blog/Politics Re-Posted Nov 9, 2022 by Martin Armstrong

COMMENT: The post dealing with the mid-terms had this gem: “This is why all the Greek philosophers from Socrates to Plato were against democracy. It allowed a thin majority to become tyrannical.”
What then is the alternative, for there will never come a time when we all agree about anything, let alone everything? The unstated alternative is that a minority becomes tyrannical and enforces their vision on everyone. Those are the two choices. There aren’t others just waiting to be discovered. Either the majority has it or the minority has it and as this is supposed to be a battle between ideas, the idea getting the most support should be the one chosen. Otherwise, candidates would try to lose the election so as that their plans would be enacted. Sorry, but that is just too stupid to be taken seriously by anyone with a still functioning brain in their head.
As Churchill noted, “Democracy is the worst form of government there is, except for all the others.” And he was absolutely correct. If you don’t like what the majority is doing, change the minds of those who are persuadable; don’t bitch about not getting your way because your ideas were not popular. That is what infants do!

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REPLY: A friend invited me to dinner. There was another there who was a major programmer for Microsoft. He was a Biden supporter and convinced that climate change may have always existed, but we are the cause right now. There are people among the Democrats who have just been brainwashed with sophistry. If they were not being mentally manipulated by a small group of elites with an agenda they would never agree with if the truth were told, then there would be perhaps a more reasonable world.

Then you have egos. Trump felt his endorsing power was not what he and others thought it was. So he told the WSJ he knew some dit on DeSantis. This is the problem. Trump was on the right track and he was what the people rallied behind – term limits and draining the swamp. But now his personal ego is surfacing and that becomes a problem in politics. It is hard to resist when everyone says you control the power.

The best form of government I have ever seen was that of Genoa where the Doge (president) rotated annually amount the wealthy families. This was before Marxism. There was no social warfare. They ran Genoa more like a company competing against Venice and Florence. Because the Doge rotated, nobody would pass a law that was draconian since they would have to live under that law the following years and it would be more than a decade before the wheel would return to their family.

Marxist Socialism has been highly destructive. It has begun the division that undermines the purpose of civilization – that we all come together because we all benefit. When one group targets another, that is it. You begin the process of economic suicide. The Democrats no longer know how to run for office without promising to rob one group for the benefit of another.

Republics are always the worst form of government because they can be bribed. Look at the bankers. They have blown up the world economy countless times and NEVER has a single banker ever been charged. They own the SEC and CFTC – the case is closed for they will never be held accountable – EVER! 

I tried to warn the Republicans, but they too want to hear what they prefer to believe. I warned them that they would NOT be able to reverse what Biden has set in motion.