Biden Signed an Executive Order Granting the Entire World the Right to Vote in 2024 if their government is Labour/Left, except for China, Russia, North Korea, Iran, Texas, and Florida along with Men can just “identify” as women in sports to end discrimination.
The Staff will write it up later.
The problem with people’s attitudes toward the national debt is that everyone has forgotten why we borrowed in the first place. The theory was that if you borrowed rather than printed money, you were NOT increasing the existing money supply, and therefore, in theory, it would not be inflationary.
However, the Democrats forgot how to run for government without their Marxist agenda of bribing the people to vote for them. This led to always creating deficits. Add to this the NEOCONS who have done nothing but wage wars ever since World War II to defeat Communism and have spent money lavishly on trying to conquer the world.
During the Presidential Third Debate of 1960, the question about the outflow of gold from the USA reserves arose. This sparked a Gold Panic in the London gold market, whereby gold rallied to $40 for the first time, showing that the Bretton Woods System was beginning to collapse. The United States’ outflow of gold was not really from a trade deficit but from the fact that the USA was defending the world with its military establishing bases everywhere. That meant capital was leaving. Gold rallied again to $40 in the late 1960s, and finally, it forced the collapse of the convertibility of gold under the Bretton Woods System in 1971. Kennedy’s words were:
“Now, on the question of gold. The difficulty, of course, is that we do have heavy obligations abroad, that we therefore have to maintain not only a favorable balance of trade but also send a good deal of our dollars overseas to pay our troops, maintain our bases, and sustain other economies. In other words, if we’re going to continue to maintain our position in the sixties, we have to maintain a sound monetary and fiscal policy. We have to have control over inflation, and we also have to have a favorable balance of trade. We have to be able to compete in the world market.”
The dollars were being spent not to benefit our economy but to fulfill the dreams of the Neocons; when Communism fell, they refused to accept any real change.
We borrow, which is worse than printing because we have to pay interest on constantly rolling the debt. This year, we will spend about $1 trillion on interest, the total national debt when Reagan took office in 1981. At times, 70% of the national debt is accumulative interest. That means it went nowhere to improve society or care for widows and orphans, at least as the Romans did. Had we printed the money instead of borrowing, it would have been less inflationary and the capital would have created more jobs instead of investing in government debt which has only funded the Neocons’ wildest dreams.
President Biden has signed an executive order to implement a 5.2% pay raise for civilian federal workers in 2024, which is the largest pay increase for the federal workforce in over 40 years. This raise includes a 4.7% across-the-board boost to basic pay and an average 0.5% increase in locality pay.
Military service personnel are also expected to receive the same average pay raise, which will not be enough to fix the extremely low recruitment figures. The pay raise will go into effect for the first full pay period of 2024, which for most federal employees begins on January 14. The Office of Personnel Management will publish pay tables outlining the pay raise across all General Schedule pay grades and locality pay areas.
The inflation created by his administration outpaces wages and the cost of living. Now remember that Biden has expanded the government in recent years. Everyone receives a pension, but the funding is simply not there. Government employees have the defined-benefit (DB) while we get the defined contribution (DC) plan. Most state and local government employees, around 87% of those working full-time, participate in a defined benefit (DB) pension plan. They contribute NOTHING but are guaranteed a pension on top of what they earn, plus free healthcare for life.
The vast majority of those in government have not had to save. They will demand a payment when the time comes due. We are to be taxed until we die; upon death, they want what is left.
When the government of ancient Rome could no longer afford to pay the army, the army began sacking Roman cities that opposed their general. They turned inward and cannibalized their own cities, weakening the entire empire, thereby allowing the Barbarians to come through the gates. We have followed the very same mistakes as Rome. This is just how empires always end. We are no different.
Government officials do not understand why Americans are disappointed with Bidenomics. Biden’s own team did not realize the term “Bidenomics” was intended to mock the president’s policies and they have adopted it as their own. “Bidenomics is about growing the economy from the middle out and the bottom up, not the top down,” Joe Biden posted on X, formerly Twitter, in July 2023. Americans’ personal financial situation has only deteriorated under Bidenomics and no one seems to understand why.
A November poll published by the Financial Times found that only 14% of Americans believe they are better off financially under Biden. Those people are likely on welfare. Around 70% of American voters feel Bidenomics hurt the economy or had no impact, with 33% saying they “hurt the economy a lot.” These numbers are staggering, as no president in recent history has managed to derail a stable economy so rapidly.
When asked why Bidenomics was not landing with Americans, Treasury Secretary Janet Yellen said she believes COVID is to blame. COVID has provided Biden with the only optimistic data figure in that unemployment naturally decreased once the economy reopened, but of course he is chalking it up to his policies. Sacrificing America’s energy independence for the Build Back Better agenda was Biden’s priority on day one in office. We have seen inflation rise every month of his presidency and experienced record-high inflation in June of last year. INFLATION WAS AT 1.4% WHEN JOE BIDEN TOOK OFFICE IN JANUARY 2021.
Now, I obviously do not blame the government for the issues at the Fed and their QE failures. However, the Fed has been attempting to tame inflation by raising rates and it simply is ineffective. Biden prided himself on implementing countless multi-trillion-dollar spending packages at a time when America is operating at its steepest deficit. Then Biden’s Administration managed to insert itself in numerous overseas conflicts. They also allowed million of illegals to invade America and paid them to do so. Inflation cannot decline amid war.
The majority of Americans have a drastically lower standard of living thanks to Bidenomics. Some estimates believe 63% of Americans now live paycheck to paycheck. Real disposable income has decreased 7.5% since January 2021, and credit card debt is up 36.2%. Monthly savings have plummeted 81.4% since Biden took office, and home affordability is down 37.3%.
It is an insult at this point for the current administration to gaslight Americans into thinking our situation is anything but dire.
Joe Biden took gaslighting to an entirely new dimension today during remarks to brag about the recovery of U.S. supply chains during his administration tenure.
As incredible as it sounds, Joe Biden actually claimed Thanksgiving food prices were the fourth lowest in history despite the astronomical prices we pay at the grocery store. This is economic gaslighting in the extreme as the inflationary data from the Bureau of Labor and Statistics proves.
First, here is the claim by Joe Biden:
See below for a chart of food and energy price increases since Biden took office.
SOURCES: U.S. Bureau of Labor Statistics, “Employment, Hours, and Earnings from the Current Employment Statistics Survey (National).” U.S. Bureau of Labor Statistics, “Consumer Price Index.” U.S. Bureau of Labor Statistics, “PPI Commodity Data.” U.S. Bureau of Labor Statistics, “Consumer Price Index News Release.”
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The claim by Joe Biden is so over-the-top incredible, it was noted by Senator Rick Scott of Florida.
Karine Jean-Pierre must take a deep breath when Peter Doocy enters the room, hence why she rarely calls on him for a question. Doocy has become emboldened with his inquiries and is one of the only journalists willing to ask the tough questions. Doocy’s latest doozy: “It seems like the hurricane response so far is robust. Did you guys realize that the initial Hawaiian wildfire was not that good or is it just easier for people to get help from the White House when [Biden] is not on vacation?”
Biden’s propaganda specialist replied by saying the current administration replied in record time. “So, the premise of your question & the way you posed [it], I disagree…If you talk to…the governor…the folks on the ground, they would say…[he] reacted in record time,” KJP stated. Biden’s first response to the Maui fires was, “No comment.” The island was burning down and Biden sat idly on a beach Delaware for ten days without a care in the world. He offered the people of Maui $700, a mere fraction of what he gave to the people of Ukraine that same week, and did not rush to visit the island. The people did not want him to visit anyway.
The people of Maui booed Biden when he arrived and set up signs after he left to show how displeased they were. Biden made jokes about the ground being hot and then said he could empathize with the people who lost everything, as he once almost lost his corvette in a fire.
Joe Biden has spent 40% of his time in office on vacation. He has taken 360 vacation days since taking over the White House amid one of the worst multitudes of crises in US history. This proves that someone else is in control. No one in any occupation could take off 40% of the time and do their job effectively.
“Platitudes”, that’s the best word to describe what the DeSantis campaign previously claimed would be a substantive economic policy outline from the Florida governor. As the policy was unveiled in New Hampshire yesterday, I watched it all {Direct Rumble Link Here} to see what it would cover and how DeSantis would deliver it. Summary, major fail.
First, I must admit to coming to any economic policy outline as presented with a laser focus. You tell me you have an economic policy, and you have my full attention. Why? Because the economic policy of a federal candidate will ultimately determine monetary policy, fiscal policy and foreign policy. It is the only national policy we cannot affect from a local level, yet we are necessarily impacted by it and cannot avoid it.
MAGA starts with MAGAnomics. So, to say I get into the weeds on this, would be a soft understatement.
Unfortunately, but not unexpectedly, what Ron DeSantis outlined yesterday was a series of 10-point meaningless platitudes. If the UniParty policy teams of Pete Buttigieg and Kamala Harris got together over a weekend with Mitch McConnell and Kevin McCarthy, they would create a think-tank-driven UniParty economic policy outline very similar to what Ron DeSantis presented yesterday.
Platitudes, soundbites and structurally incoherent gibberish – presented with a word assembly that amounts to nothing.
“We will declare our economic independence from the failed elites that have orchestrated American decline, from the reckless federal spending that has inflated prices and plunged this nation to the brink of bankruptcy.” ~ Ron DeSantis 7/31/23
Declare away doofus, you can declare all you want but it takes an actual set of targeted actions to move from declaration to outcome. Those same “failed elites that have orchestrated American decline” are the same people financing your run for office.
I’m sure somewhere in a Pete Buttigieg kind of way, that soundbite might have seemed like a good sentence; but in reality, it’s gibberish and parseltongue.
You can see the 10-point outline above. Generally speaking, when the ten points are outlined the speech and accompanying policy therein would describe exactly what action takes place in each of the points…. Nope, not for DeSantis it doesn’t. Instead, what DeSantis does in his policy framework is take each of the ten points and then describe what they mean.
DeSantis describes what is referenced by each of his ten points, he does not outline the specific action that takes place within them. That’s how you can tell when a think-tank puts meaningless platitudes into a format for a candidate to speak. In this instance the think tank is the stunningly typical Club for Growth, U.S. Chamber of Commerce and the multinationals who are funding the DeSantis campaign operation.
Take point #1 as an example, dealing with China. Here’s the policy:
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“DeSantis will end our abusive relationship with China.” How? Doesn’t say.
“DeSantis will demand”…. How? Doesn’t say.
“DeSantis will incentivize”…. How? Doesn’t say.
See the problem?
The era of hopeful optimism that a Republican candidate will actually take an action to fulfill the policy “demand” is over. The rustbelt sits there, staring at any Republican politician who would dare say the Republican Party has protected Main Street from the vulture capitalism of Wall Street.
This DeSantis economic policy is an assembly of meaningless platitudes with no substantive action presented as policy to back up the intention. Worse still, not only is there no action outlined, but there’s also no action that could be outlined that is not against the interests of the very people who put the outline together.
The people constructing this language (for DeSantis to read) have no intent, thought or purpose of actually doing anything to act upon any of the economic issues. Within all of the remaining nine points it’s the same. It’s all meaningless gibberish.
Compare the DeSantis policy to the Trump policy. Here’s Trump’s “AGENDA 47” China plan:
♦ENDING RELIANCE ON CHINA: President Trump’s America First trade policy will completely eliminate U.S. dependence on China–the primary beneficiary of Democrats’ globalist agenda.
In addition to universal baseline tariffs on most foreign goods, President Trump’s plan will reclaim our economic independence from China. President Trump will revoke China’s Most Favored Nation trade status and adopt a 4-year plan to phase out all Chinese imports of essential goods—everything from electronics to steel to pharmaceuticals. This will include strong protections to ensure China cannot circumvent restrictions by passing goods through conduit countries.
President Trump will establish new rules to stop U.S. companies from investing in China and stop China from buying up America, allowing only those investments that serve American interests.
President Trump will ban federal contracts for any company that outsources to China. (link)
See the difference? The DeSantis campaign assembles talking points, while the Trump China plan is direct, specific and actionable.
The DeSantis economic plan is well described by this segment by Steve Bannon {Direct Rumble Link}:
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Fortunately, we do not have to guess which candidate has the right path. We have President Trump’s actual economic policy results to look at and see how the expansion of the economy was creating the type of growth that would sustain Social Security and Medicare. This was/is MAGAnomics at work.
We know it works, because we have the results to cite.
Right before the pandemic would hit a few months later…. Despite two years of doomsayer predictions from Wall Street’s professional punditry, all of them saying Trump’s 2017 steel and aluminum tariffs on China, Canada and the EU would create massive inflation, it just wasn’t happening!
Overall year-over-year inflation was hovering around 1.7 percent [Table-A BLS]; yup, that was our inflation rate. The rate in the latter half of 2019 was firmed up with less month-over-month fluctuation, and the rate basically remained consistent. [See Below] The U.S. economy was on a smooth glide path, strong, stable and Main Street was growing with MAGAnomics at work.
A couple of important points. First, unleashing the energy sector to drive down overall costs to consumers and industry outputs was a key part of President Trump’s America-First MAGAnomic initiative. Lower energy prices help the worker economy, middle class and average American more than any other sector.
Which brings us to the second important point. Notice how food prices had very low year-over-year inflation, 0.5 percent. That is a combination of two key issues: low energy costs, and the fracturing of Big Ag hold on the farm production and the export dynamic:
(BLS) […] The index for food at home declined for the third month in a row, falling 0.2 percent. The index for meats, poultry, fish, and eggs decreased 0.7 percent in August as the index for eggs fell 2.6 percent. The index for fruits and vegetables, which rose in July, fell 0.5 percent in August; the index for fresh fruits declined 1.4 percent, but the index for fresh vegetables rose 0.4 percent. The index for cereals and bakery products fell 0.3 percent in August after rising 0.3 percent in July. (link)
For the previous twenty years food prices had been increasingly controlled by Big Ag, and not by normal supply and demand. The commodity market became a ‘controlled market’. U.S. food outputs (farm production) was controlled and exported to keep the U.S. consumer paying optimal prices.
President Trump’s trade reset was disrupting this process. As farm products were less exported the cost of the food in our supermarket became reconnected to a ‘more normal’ supply and demand cycle. Food prices dropped and our pantry costs were lowered.
The Commerce Dept. then announced that retail sales climbed by 0.4 percent in August 2019, twice as high as the 0.2 percent analysts had predicted. The result highlighted retail sales strength of more than 4 percent year-over-year. These excellent results came on the heels of blowout data in July, when households boosted purchases of cars and clothing.
The better-than-expected number stemmed largely from a 1.8 percent jump in spending vehicles. Online sales, meanwhile, also continued to climb, rising 1.6 percent. That’s similar to July 2019, when Amazon held its two-day, blowout Prime Day sale. (link)
Despite the efforts to remove and impeach President Trump, it did not look like middle-class America was overly concerned about the noise coming from the pundits. Likely that’s because blue-collar wages were higher, Main Street inflation was lower, and overall consumer confidence was strong. Yes, MAGAnomics was working.
Additionally, remember all those MSM hours and newspaper column inches where the professional financial pundits were claiming Trump’s tariffs were going to cause massive increases in prices of consumer goods?
Well, exactly the opposite happened [BLS report] Import prices were continuing to drop:
This was a really interesting dynamic that no-one in the professional punditry would dare explain.
Donald Trump’s tariffs were targeted to specific sectors of imported products. [Steel, Aluminum, and a host of smaller sectors etc.] However, when the EU and China respond by devaluing their currency, that approach hit all products imported, not just the tariff goods.
Because the EU and China were driving up the value of the dollar, everything we were importing became cheaper. Not just imports from Europe and China, but actually imports from everywhere. All imports were entering the U.S. at substantially lower prices.
This meant when we imported products, we were also importing deflation.
This price result is exactly the opposite of what the economic experts and Wall Street pundits predicted back in 2017 and 2018 when they were pushing the rapid price increase narrative.
Because all the export dependent economies were reacting with such urgency to retain their access to the U.S. market, aggregate import prices were actually lower than they were when the Trump tariffs began:
[…] Prices for imports from China edged down 0.1 percent in August following decreases of 0.2 percent in both July and June. Import prices from China have not advanced on a monthly basis since ticking up 0.1 percent in May 2018. The price index for imports from China fell 1.6 percent for the year ended in August.
[…] Import prices from the European Union fell 0.2 percent in August and 0.3 percent over the past 12 months.
So yes, we know President Trump can save Social Security and Medicare by expanding the economy with his America First economic policy. We do not need to guess if it is possible or listen to pundits theorize about his approach being some random ‘catch phrase’ disconnected from reality. Yes folks, we have the receipts.
This was MAGAnomics at work, and this is entirely what created the middle-class MAGA coalition. No other Republican candidate has this economic policy in their outlook because all other candidates are purchased by the Wall Street multinationals.
America First MAGAnomics is unique to President Trump because he is the only one independent enough to implement them.
That’s just the reality of the situation. They hate him for it…
Author’s note as said in 2016: “If I absolutely did not believe this economic model was doable, I would never expand the concept and place advocacy upon it. I am an absolute believer that we can, as a nation, reignite a solid manufacturing base and generate an expanding middle class.” Yes, I bet on Trump, and he was right.
“We are going to offer them a chance to stay warm this winter,” Anchorage, Alaska, Mayor Dave Bronson stated regarding the growing homeless population. Eight people died of exposure last year, and Bronson said it is cheaper to pay for a one-way flight than to create makeshift housing. Bronson said a one-way ticket to LA would cost the city about $286 per person. In comparison, the city would need to spend over $100 daily for temporary shelter.
The program has not been funded or approved. Obviously, LA is not too happy about the announcement. “Someone says, ‘I want to go to Los Angeles or San Diego or Seattle or Kansas,’ it’s not our business,” Bronson said of their final destination. “My job is to make sure they don’t die on Anchorage streets.” About 40% of Alaska’s population lives in Anchorage, but they host 65% of the homeless population. “The taxpayers to whom I’m responsible to can’t keep footing the entire bill,” he said. “We need a statewide solution to a statewide problem.”
LA Mayor Karen Bass declared a state of emergency in 2022 regarding the growing homeless population. “It will create the structure necessary for us to have a true, unified and citywide strategy to set us on the path to solve homelessness,” Bass said after promising to house at least 17,000 people during her first year in office. This was before the US-Mexico border was opened to the world. The homeless population in LA continues to grow at a record pace.
No one knows exactly what to do about the growing homeless problem in America. Our politicians are willing to send hundreds of billions to Ukraine but refuse to address the issues we face at home.
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