New mortgage originations have reached their lowest level since Q2 of 2014. Inventory remains historically low, shelter costs are historically high, and it makes no sense for most to refinance with current mortgage rates over 6% on the 30-year. Originations, including refinances, came in at $323.5 billion during Q1 of 2023. The NY Fed reported that borrowing in general has reached $17.5 trillion, a $150 billion increase, as families grapple with inflation. The refinance boom in 2020 and 2021 will impact real estate for generations to come.
The NY Fed discusses the COVID refinance boom (Q2 of 2020 to Q4 of 2021) in a recent article. Fourteen million mortgages were refinanced during this period when mortgage rates reached record lows. Mortgage rates plummeted 200 bp from Nov. 2018 to November 2020. The last upticks in refinances occurred in 2003 and again in 2013 when rates also fell 200 bp. However, rates were at their lowest level during the COVID refinance boom, allowing many to take out equity from their homes and reinvest. Home equity reached a record high in the time leading up to the pandemic, and the continued rise in home prices provided numerous owners with additional equity.
One-third of all outstanding mortgages were refinanced over the span of 7 quarters. About 64% of refinances were “rate refinances,” classified as those with a balance increase of less than 5% of the mortgage amount. Those who chose this route saved an average of $220 per month. Cash-out refinancers took out $82,000 on average, increasing monthly payments by $150. Around 5 million borrowers extracted a total of $430 billion during the COVID refinance boom—a significant sum.
The 9 million who did not extract equity reduced mortgage payments by $24 billion annually. These figures are something I do not expect to see again in my lifetime. Those holding their breath for rates to drop under 3% again should come up for air. Homeowners are disincentivized to sell at current rates, not to mention home prices are AT LEAST 36% higher than before the pandemic. Everyone’s investment strategy is unique, but those who were able to use their home’s equity to invest during the bottom of the market made out well. The period between Q2 of 2020 to Q4 of 2021 will be a reference point for years to come.
Special counsel John Durham revealed in his report that all American intelligence agencies knew the Trump-Russian collusion story was a lie. You can read the full 300-page report here. Hillary Clinton needed a way to take the heat off of her email scandal and was the mastermind behind this plot. The CIA and FBI knew without a shadow of a doubt that the Steele Dossier was a lie designed by Clinton to take down Trump. The FBI then leaked deliberate misinformation to the press to condemn Trump on behalf of Hillary and the Democrats.
Christopher Steele was bribed $1 million to write his fictional Steele Dossier. Igor Danchenko was known to be Russian intelligence. Intelligence agencies paid Danchecnko a quarter of a million USD to reveal classified information to back Steele’s claims. He could not provide any evidence since it did not exist, but he was paid anyway. Former intelligence chair Shiff said he saw first-hand evidence of Russian collusion — a complete lie.
Will anyone be held accountable for these extreme crimes? All Americans should be completely outraged that we were lied to by our intelligence agencies and media outlets in an attempt to alter our election. This is a direct attack on our freedom and electoral process. Hillary knows she is above the law and can commit crimes in the open without penalty or even criticism. Obama, Biden, the FBI, the CIA, and numerous politicians knew that everything regarding “Russian collusion” was a complete lie. Trump was correct — this has been one of the biggest witch hunts in American history.
Posted originally on the CTH on May 18, 2023 | Sundance
Those of you who are keen financially minded individuals will note exactly what is happening in these recent reports, HOME DEPT HERE – TARGET HERE. Those of you who are retail investors in the stock market might also see the bigger picture.
Home Depot and Target essentially share the same customer base or market audience. They service a larger segment of the American middle class. Both companies are reporting negative financial outcomes as a result of low comparable sales, or same store sales comparisons, to last year. This should not be a surprise, yet Wall Street is seemingly caught off guard.
Right now, we are on the tail end of the massive inflation cycle that took place in 2021 through 2022. Current inflation, as measured by the rate of price increase over the same period last year, is lower.
Now we are starting to see companies reporting sales comparable without the benefit of massive inflation to assist.
Example – when inflation is running at 10%, a company can report 8% sales growth, and everyone smiles. However, the sales growth was created by the inflation. The actual unit sales of goods have declined; the store is reporting higher sales because the prices are higher. When the sales cycle through to lower inflationary comparisons, the drop in unit sales shows up as drops in topline sales. This is the cause of both Target and Home Depot now reporting lower than expected comparable sales versus last year.
In real terms, this is why using sales data as a measure of economic growth is less valuable during periods of high inflation. Significant inflation hides the diminished sales of units, which should be the true measure of sales growth. I have been tracking unit sales as a measure of economic activity, and the truth is that unit sales have been declining since the fourth quarter of 2021.
Inflation was hiding the recession, and as the rate of price increase diminishes, the sales contraction will show the recession. This is what Target and Home Depot are reporting, and we can all expect to see the same over the next 90 days. Retail stocks will drop as the earnings and sales reports are revised down due to lower inflation.
Wall Street Journal – Target sales suffered in the most recent quarter as shoppers stopped splurging as frequently on trendy clothes, home goods and other items that make up the bulk of the retailer’s annual revenue.
Comparable sales, those from stores and digital channels operating for at least 12 months, came in flat for the quarter ended April 29 compared with the same period last year. That is slightly lower than the previous quarter’s 0.7% rise and lower than analysts’ expectations for a 0.2% sales rise in the most recent quarter, according to estimates from FactSet.
Sales of food and beverage, beauty and home essentials such as detergent rose, while demand for apparel, home goods and items such as toys and electronics fell sharply in the most recent quarter as shoppers further pulled back on discretionary spending, said Target executives on a call with analysts Wednesday. The latter discretionary categories make up around 54% of Target’s annual sales, according to financial filings. (read more)
Reuters – Home Depot Inc (HD.N) on Tuesday cut its annual sales forecast and projected a steeper-than-expected decline in profit, stoking fears about inflation-wary consumers trimming discretionary spending as a big earnings week for U.S. retailers rolls out.
Shares of the largest U.S. home improvement chain, which also blamed a wet start to Spring and falling lumber prices for a first-quarter sales miss, tumbled about 4%, while those of smaller rival Lowe’s Cos Inc (LOW.N) dropped nearly 3%.
[…] Demand was weak for discretionary items like patio furniture and grills, as well as appliances, flooring, kitchen and bath, said William Bastek, executive vice president of merchandising at Home Depot.
[…] Home Depot now expects fiscal 2023 comparable sales to fall between 2% and 5%, compared to its prior outlook for nearly flat sales. (read more)
Posted originally on the CTH on May 17, 2023 | Sundance
Perhaps it’s the Ron DeSantis national pretending 2024 campaign driven by a “book tour.” Perhaps it’s the international travel that distracts a sitting governor from supporting a Republican candidate in the largest geographic metropolitan area in the state. Whatever the reason, the Jacksonville Florida mayoral contest was won by a Democrat, Donna Deegan.
I have warned, against some of the most vitriolic pushback, that Florida Governor Ron DeSantis is setting up the state of Florida for some major problems in the future. There are lots of granular points that I can reference, but the bigger picture they create is one that will be very damaging in the future. The class division in Florida, the distance between the haves and have-nots, is growing exponentially.
Lower and middle-income Floridians are being crushed as the ‘Instagram selfie-my-lunch’ crowd, the largest coalition of support for Ron DeSantis, ignores it.
Believe me on this, DeSantis Republicans representing the financially elite and being condescendingly dismissive of the non-elite, is not a path to future Republican electoral victory. From my perspective the backlash is visible. It only takes a few thousand voters staying home in protest to make a difference.
Those same enforcement police, newly empowered with tools against ANTIFA woke protests, will hold those same tools when it’s Joe the plumber protesting his economic status.
JACKSONVILLE – Democrat Donna Deegan won the Jacksonville mayor’s race Tuesday night, a shocking upset that hands Florida Democrats a major shot of energy less than six months after they were trounced in the 2022 midterms and considered left for dead by the national party.
Deegan came into Election Day as the decided underdog against Republican Daniel Davis, who is the head of the city’s Chamber of Commerce and had a significant fundraising advantage. He was endorsed by Gov. Ron DeSantis, but that support was lukewarm. DeSantis did not do events with Davis or put his political muscle behind his candidacy.
With all of the city’s 186 precincts reporting, Deegan had a 52% to 48% advantage over Davis, who was vying to replace current Republican Mayor Lenny Curry, who was term-limited. “Everyone said it could not be done in Jacksonville, Florida,” Deegan said, according to video of her victory speech. “We did it because we brought the people inside.” (read more)
Ron DeSantis has checked-out of his job in Florida. A tiara dreaming Casey DeSantis is measuring the drapes in the White House. The billionaire donors are pumping them both up.
The Florida middle class is being destroyed at the fastest rate in the state’s history. The lower socioeconomic group is looking for snorkel extensions, and the illegal alien workers, who support the lifestyle indulgences of the affluent class, are being targeted for removal.
The class divide in the state has grown more in the past three years than the quarter century that preceded it. Wokeism is not a priority when you are struggling paycheck to paycheck to survive.
Keep in mind, Donald Trump is a major employer in the state. President Trump, a very generous employer to all of his people, can see the struggle and pain on the face of his Trump Inc. employees. This is not some esoteric political issue for those being impacted.
Posted originally on the CTH on May 17, 2023 | Sundance
Paul Sperry at RealClearPolitics has an article today citing one part of the Durham report that deserves a little CTH attention.
I hope you will forgive my indulgent snickers, as the graphic you see below was created by me in early 2018, a full five years before the release of this Durham report. I even referred to the Steele Dossier as the Nellie Ohr Dossier. lol
As noted by Sperry, “According to the 306-page report, former Justice Department prosecutor Bruce Ohr’s wife Nellie Ohr first plowed the ground for the dossier with a series of research reports she wrote for Fusion GPS, the D.C.-based opposition research firm the Clinton campaign commissioned to dig up dirt on Trump and Russia.”
[…] Durham suggests Nellie Ohr planted the seeds of sourcing for the most explosive allegations leveled by the dossier against Trump, including the oft-cited notion that he and his campaign were engaged in a “well-developed conspiracy of cooperation” with the Kremlin. The dossier attributed this, falsely, to Millian. Durham found that the Belarusian-American realtor was never a source for the dossier and was simply invented as one, along with the allegations attributed to him.
In fact, Durham says that Millian initially wasn’t even on the radar of Steele and his dossier “collector” Igor Danchenko, a former Brookings Institution analyst who’s admitted much of the information he provided Steele was alcohol-lubricated gossip. Millian was called to their attention by Nellie Ohr, who the prosecutor said “implicated” Millian through her own reports. Durham suggests Steele and Danchenko merely followed her leads.
[…] Bruce Ohr, an anti-Trump Democrat, pushed his wife’s reports that cited Millian — 12 in all — onto the Crossfire Hurricane team at FBI headquarters that was investigating Trump and his campaign for possible espionage. Agents used her reports as a source of corroboration for the Steele reports they received in the summer and fall of 2016, even though it was circular reporting. “The reports prepared by Ohr and others at Fusion GPS were ultimately provided to Crossfire Hurricane investigators by Ohr’s husband, Bruce Ohr,” according to the Durham Report. Durham notes that Danchenko was tracking leads on Millian from Nellie Ohr within “approximately one week” of Fusion GPS retaining Steele to compile the dossier. He concludes that this “strongly supports the inference that Fusion GPS directed Steele to pursue Millian.” In other words, Steele was not the catalyst behind the dossier’s central claims. Rather, it was Clinton’s contractor Fusion GPS — but more specifically, the wife of a senior DOJ official who worked for Fusion. So the FBI wasn’t really investigating “Crown reporting,” as officials referred to Steele’s dossier, implying it was British intelligence. More accurately, it was investigating information from inside its own department that was laundered through Steele and his dossier. (read more)
Smart fella that John Durham.
Nellie Ohr – a former CIA open-source expert on all things Russia; a woman who used HAM radios for communication; a woman who approached Fusion GPS owner Glenn Simpson for a job in December 2015; she was the impetus for the information that ended up in the Chris Steele Dossier.
Posted originally on the CTH on May 17, 2023 | Sundance
“I’m not being arbitrary; I’m just not going to pretend. These people know exactly what is going on. Their action is not an outcome of some esoteric thought process. They are corrupt & acting to retain the corruption with specific intent & full understanding of the consequence.” ~Sundance
Now, let us get down to the business of understanding; let us uncomplicate the complex; and, more importantly, let me propose the outline of a solution.
♦ SILO #1 – Inspector General Michael Horowitz was given instructions by outgoing President Barack Obama, to review the internal decision-making inside the FBI, Main Justice and DOJ-NSD as it pertained to the Hillary Clinton classified document scandal.
In early January 2017, IG Horowitz was tasked to review the FBI decisions during the Clinton exoneration and deliver a report on his findings.
First, it is important to remember the DOJ inspector general can only review internal government conduct. The IG does not review or investigate outside involvement and has no authority to compel investigative compliance from outside parties. The Office of Inspector General is an internal review agency.
Second, it is important to remember the DOJ inspector general was not authorized to conduct any oversight of the Dept of Justice National Security Division, DOJ-NSD. During the Obama era, when the DOJ-NSD was created by Attorney General Eric Holder, through the entirety of the Obama era, there was no inspector general oversight into any operations conducted by the DOJ-NSD; that included the FISA process. It was not until later in 2017 when the Trump administration granted the OIG authority to conduct oversight into the DOJ National Security Division.
Think of IG Michael Horowitz as an investigative silo. You will see why this matters.
♦ SILO #2 – Robert Mueller (truthfully Andrew Weissmann) was appointed in May of 2017 by Deputy Attorney General, Rod Rosenstein, as Special Counsel to investigate Trump-Russia and the reports of prior Russian influence in the 2016 election. Robert Muller was a figurehead, a person in name only to give credibility to the purpose and intent of the group who assembled under his shingle. Andrew Weissmann was the actual manager of the investigation, events and details of the Mueller probe.
On the outward face, in the aftermath of FBI Director James Comey being fired, the Mueller investigation was created to look at Russian interference in the 2016 election – against the background that Comey’s firing by President Trump was related to an intent to impede the ongoing Crossfire Hurricane investigation. However, on the internal dynamic, inside the mechanics of how DC silos are created, the Mueller probe existed to hide the DOJ and FBI weaponization of government that was deployed under the justification of the FBI Crossfire Hurricane investigation.
Sometime around June of 2017, while conducting his review of the FBI conduct in the Clinton investigation, Inspector General Michael Horowitz discovered troubling internal communications between FBI agent Peter Strzok and DOJ-NSD assigned lawyer to the FBI, Lisa Page. Silo #1 now intersects Silo #2.
Lisa Page was the DOJ lawyer advising FBI Deputy Director Andrew McCabe. Peter Strzok was the lead FBI counterintelligence agent working on the Clinton email investigation. Lisa Page, Peter Strzok and Andrew McCabe were the core of the Clinton investigation and intrinsically linked to the Clinton exoneration as announced by FBI Director James Comey.
IG Horowitz knew of the Clinton investigation and was investigating the details therein. Horowitz did not initially know about the Crossfire Hurricane investigation which, by June of 2017, had subsequently morphed into the Special Counsel Mueller investigation.
Horowitz’s 2017 task only pertained to the Clinton classified documents and decision-making. However, it was the exact same FBI and DOJ people who investigated then exonerated Hillary Clinton, who then opened an investigation of Trump, who then transferred into an expanded Robert Mueller probe.
Horowitz (Silo 1) was bound by requirements of his office to inform Robert Mueller that individuals inside his investigation (Silo 2) were under investigation.
This presented a problem for Robert Mueller and Andrew Weissmann who were conducting a coverup and targeting operation.
Essentially, Peter Strzok and Lisa Page were a threat, as they were bringing an IG review into the security of the Mueller Silo. Almost immediately, Strzok and Page were removed by Mueller/Weissmann to purge the problematic window they represented.
Mueller and Weismann then continued their operation, absorbing any Main Justice information that had anything to do with Trump-Russia. Simultaneous to their unilateral empowerment, Weissmann and Mueller continued to fabricate a false premise of Russian interference in the 2016 election. This ‘Russia narrative’ was supported as the justification for their continued operation throughout 2017, 2018 and into 2019.
It is important to remember that Mueller/Weissmann had full control over everything that had anything to do with the Russian interference narrative or the Trump-Russia narrative. Any ancillary investigation from any government office that touched on these issues was subsequently absorbed by Weissmann and team.
As an example, this Weissmann/Mueller absorption and control included the FBI case against SSCI Security Director James Wolfe, the man who leaked the Title-1 surveillance warrant (FISA application) deployed by the Crossfire Hurricane team against Carter Page. The Wolfe investigation (April ’17 through January ’18) was conducted by FBI Washington Field Office agent Brian Dugan. James Wolfe was indicted by USAO Jessie Liu for leaking the FISA application to journalist Ali Watkins. However, the evidence file was reviewed by the special counsel, and after threats by the defense team to subpoena Senate Intelligence Committee members, the specific charge of leaking the FISA was dropped from the criminal case.
Because Weissmann/Mueller controlled everything that touched the Trump-Russia issues, in June of 2018 when the Carter Page FISA application was made public, it came from the Weissmann/Mueller team release. This was one of the lesser discussed revelations from the Rod Rosenstein June 2020 testimony about the Mueller probe.
♦ SILO #3 – After taking office in February of 2019, Attorney General Bill Barr received the Mueller report in March and a debate with Mueller/Weissmann about the content and report release began. In May 2019, AG Barr appointed Special Counsel John Durham to review the FBI operations that initiated the Trump-Russia probe.
It is important to note that John Durham was appointed *after* Bill Barr received the Mueller report from Andrew Weissmann. It is also important to note that despite the originating mandate of Weissmann/Mueller being predicated on their obligation to look into the accusations of Trump-Russia, the Clinton campaign organization of the Trump-Russia narrative does not appear in the Mueller report.
There is nothing about Clinton’s work with the Perkins Coie law firm and lawyer Michael Sussmann to work as a cut-out for the Clinton campaign contacts with Fusion GPS, Christopher Steele, Glenn Simpson, Bruce Ohr, Nellie Ohr or any other substantively manufactured system that was used to create the illusion of the Trump-Russia connections. The absence of that information inside the Mueller report begged the obvious question:
How could Mueller investigate Trump-Russia for two years and never find the origin of Trump-Russia?
After realizing the Mueller report contained none of this information, in May of 2019 Bill Barr appointed John Durham and Silo #3 was created.
Each of the silos, purposefully created by those who operate within the DC systems of political power, were created to have specific usefulness and function. This is how the system operates.
We hear things like “ongoing investigation” as sunlight blocks, or “potential interfering with an investigation” as another technique. Each time a silo is created, the purpose of the silo is to control information and isolate the larger system from scrutiny.
When Robert Mueller (silo 2) appeared before a congressional committee in June 2019 to answer questions about his report, he was asked about the origination of Trump-Russia. Mueller’s jaw-dropping response was, “That was not in my purview.”
Wait, how can your existence be predicated on investigating Trump-Russia, and yet the origin of Trump-Russia is not in your “purview”? See the problem.
Unfortunately, and not accidentally, Robert Mueller was able to avoid scrutiny of never having investigated the origin of Trump-Russia because there was another silo, John Durham (silo 3), to take the heat off him. Each silo is sequentially created to deflect and distract from questioning that surrounds the originating corruption. Attorney General Bill Barr created Silo #3 (Durham), for exactly this reason. Bill Barr was the Bondo, John Durham the spray paint.
John Durham finishes up Silo-3 operations, delivers a report, and now we have a Silo #4 in operation via the appointment of Special Counsel Jack Smith.
As you can see, each silo creates an internal defense system which also allows media to deflect, ignore and distract. However, in the Trump-Russia story you will note there is a flow to how the silos are sequenced. The silos are designed to absorb information, deflect sunlight and keep accountability away. The silos are constructs, preservation systems, for the DC administrative state.
Ultimately, each silo is created to stop seeing the larger picture – the unlawful targeting of a presidential candidate, and then a subsequent coup against that candidate after the election. The evidence of the weaponized government is in the full story that resides, compartmented, inside purposefully constructed containment silos; each intended to block sunlight upon specific components of the evidence.
♦ SOLUTION – There is a way to bring the sunlight and destroy the silo system. The method is to use the inertia of the construct against itself.
Obviously, I hope you can understand why it would be imprudent to go too deep into this right now. However, suffice to say – here are the broad strokes.
In front of you sits a panel of SEVEN people:
Barr, Rosenstein, Horowitz, Mueller, Weissmann, Durham and Wray.
You do not deconstruct the silos by questioning them separately. Each silo will avoid sunlight by deflecting inquiry to the mechanism of the other.
Instead, you rain sunlight down upon the silos by questioning each of the participants individually while located together.
You use very granular and specific questions that pertain to the flow-through details that each silo was created to hide.
The usefulness of the silo process is dependent on its ability to stand alone.
When you put direct questions to the assembly of silos, there is nowhere to deflect.
Two days. Eight hours each day. Five rounds of questions. No one reading statements – only questions.
Very, very specific questions.
The goal is sunlight. Rip the Band-Aid off, call the baby ugly, and start the process to fix this crap by exposing it. Restore the First and Fourth Amendments and heal the injury. What we need is a full, uncensored, brutally honest expose’ of how bad things have become and how that system can be dismantled. The existing constitution is the protection; just remove the stuff that is violating it.
The end of Title 42 has been an absolute disaster. There is no telling how many migrants entered the border last week. These are not simply women and children seeking a new life. The majority of those entering are military-aged MEN who feel entitled to enter America illegally. These are not struggling individuals. American Door Dash drivers were sending food deliveries to the border as over 60,000 migrants lined up around the immediate border area in anticipation of midnight on May 11.
One extremely troubling issue is El Salvador’s recent crackdown on gang crime. The nation locked up all affiliated gang members and saw a drastic decrease in crime. The gang members who escaped had nowhere to go, and no one wanted to infringe on Mexico’s feared cartels. Neighboring Honduras was forced to follow suit after declaring a state of emergency over violent crime in November 2022. Guatemala would be wise to go this route as well, but gangs will be more successful when selling to people using the USD.
Haiti is in ruin and people have been attempting to flee for years. Venezuela’s economy is a glimpse at how well socialism works. Nicaragua and Cuba are also unfortunate examples. There is a reason people want to leave their home countries for a better life. Yet, there are no checks and balances. Every border state has said they’ve been overrun and overpowered by the huge influx of migrants.
An Afghan terrorist on the FBI’s wanted list was recently caught trying to cross the border near San Diego. Do people think this man was alone? On the days leading up to the end of Title 42, 30% of apprehended migrants escaped border custody. These are merely the people who were caught. Chairman Mark Green, R-Tenn. Admitted “we have no idea who is entering this country and being released into the U.S. interior.” Green commented that it is “chilling” to think of the 1.4 million migrants who already evaded Border Patrol under Biden before Title 42 ended.
The US has been compromised. The border is wide open and those who wish to come in without respecting the nation’s asylum laws may do so with little pushback. Our nation is already facing a housing shortage crisis, and cities with leaders who claimed to be refugee friendly are desperately trying to find a way to house and feed all of these people who cannot legally work in America. The problem is going to worsen in the coming weeks once cities realize what they have done by ignoring America’s border and permitting an invasion.
Posted originally on the CTH on May 16, 2023 | Sundance
The bottom line is that everything the Obama justice department, IC and FBI did, to include support from Republicans in congress during the 2016 election and aftermath, was a coup d’état against U.S. President Donald Trump and his administration. This is the truth of the thing.
The U.S. media participation and subsequent denial of their culpability looks increasingly pathetic in the aftermath of the report outlined by Special Counsel John Durham. However, it doesn’t take a media admission of the coup effort for the demonstrable actions and evidence of the coup to be factual.
Read THE REPORT, all the evidence is there. The truth stands alone, regardless of the discomfort it creates. {Direct Rumble Link} WATCH:
Under impeachment standards created by our constitutional republic, it takes a vote in the house to begin an impeachment investigation. The impeachment investigation then produces a finding which is delivered to congress and a vote is held.
John Durham spent four years conducting the investigation. The report outlining the coup is complete and delivered to congress. The only thing needed is a vote.
This might make House Speaker Kevin McCarthy very uncomfortable. However, do or do not, there is no ‘TRY’.
I have worked advising governments around the world for over 40 years. In the process, I have learned all their tricks. The Democrats are using the RACE CARD to fool the public and destroy the United States. All of this total nonsense that the Republicans demanding ID to vote are racists because poor blacks have no ID is just total bullshit and not a single Mainstream Press has the guts to report the truth. When my children were born, you have to file to get them their social security number. There is NOT a single real American who does not have ID. You cannot get welfare, food stamps, or any social benefit without an ID no less enter a hospital. I would be in prison if I was hiring illegal aliens and paying cash under the table. Nobody can get on a plane or a train without ID no less get a job. How do you even get a driver’s license or buy a car without ID?
In our company, we have every race including blacks. I hired the first black Financial Analyst who unfortunately died – Robert Howe. To say that blacks are too stupid and do not have ID is so insulting the black community should be rising up against the Democrats who were originally the slave owners and have done nothing but exploit them ever since. LBJ was said to have told Democrats to vote for the Civil Rights Act saying: “I’ll have those niggers voting Democratic for 200 years.” What has been confirmed was that he always used the N-Word when he referred to them generally. Many want to claim Lydon Johnson never said that, but they cannot deny those were the words he would typically use. LBJ did tell a Journalist, Bill Moyers who did report what he said:
‘Well, I think we may have lost the south for your lifetime – and mine.’
The Hong Kong government knew I also knew the Australian government. They asked me if I could negotiate to buy land from Australia to allow Hong Kong to move before it would be handed back to China in 1998. I met with Prime Minister Paul Keating, then head of the Treasury at the time. No matter what I proposed the answer was NO. I even said I had a blank check and could pay off their national debt. The answer was still NO. Out of frustration I finally asked: Is this a RACIST issue? He responded NO. They were fleeing Communism and they would come to Australia and vote CONSERVATIVE. Keating was Labour. It was all about Labour losing power if they let the people in from Hong Kong.
This is precisely what is going on and NOBODY in the press has the courage to report the truth. Blacks are not stupid and lack even ID. The ONLY people without ID to vote are all the illegal aliens Biden is letting in. As soon as they have a child, then the child is American, and then the parents can claim status as a family member.
The Democrats are flooding the United States with illegal aliens to change the demographics and assume all of these people will vote Democrat so they can harass and exploit all real Americans who have been born here and work for a living. This to me is not just insulting, it is treason! There is NO WAY an illegal alien can come to the USA and even get a real job. Employers will be prosecuted for hiring illegal aliens paying cash under the table since they will not have a Social Security number.
This is the plot to marginalize ALL Americans to impose by FRAUD their Marxist views where you will own nothing and live in a 15-minute city denied the freedom to even travel. This will not just lead to the destruction of the United States, but it will lead to civil unrest where the Democrats will rely on the army to gun down real Americans all for their Marxist agenda and absolute power. Our only hope is that someone will stand on the tanks and persuade the military to defend the people, not plow them down as Yeltsin did during the 1991 Russian coup.
These illegal aliens are housed at the border. What happens when they are released? If they cannot work, do they then start robbing people to survive? You cannot impose draconian taxation and enforce laws that employers must only hire people and collect taxes and then allow 20% of the population to be illegal aliens and then hire 87,000 IRS agents with guns and search eBay for people who sold a used bike for $600. Americans are being targeted while illegal aliens are flooding the country. Then they want to outlaw guns so we cannot even defend ourselves if people start storming houses looking for food and money. So many policies are just contradictory. Threaten our security but outlaw guns? You can’t reasonably have it both ways.
When I try to bring in staff from overseas, I am told NO, I should be hiring Americans. I have to spend countless thousands on legal fees for staff simply because we are an international company. I tell them just put on a sombrero and walk across the board and say they will vote for Biden in every state and they will let them in.
I have had a front-row seat in how governments around the world will always exploit the people for their own personal gain. Only a fool believes governments actually really care. They are only interested in maintaining their power. This is a Private Wave and they know they are losing control. They are now diminishing the black community using them as the excuse to usher in voting without ID as the cover for illegal aliens to repay the Democrats by voting to exploit real Americans so they can retain power. This is all part of the cycle and the end of the United States as we have known it. There will be nothing to leave our children and grandchildren but political chaos and insecurity. I wish we could stop it, but the mainstream press is so leftist, they are blind to their own destruction.
Several border cities have declared states of emergency as the migrant invasion of the United States escalates. However, it’s not just border states; many of these illegal aliens are traveling to metropolitan areas leading to New York and Chicago declaring a state of emergency.
[….] “Thursday night marked the end of Title 42, after more than three years of the public health order enabling the rapid expulsion of hundreds of thousands of migrants without a chance at asylum. Just before the policy ended, a Florida court temporarily blocked border officials from releasing migrants from custody without court dates. Government attorneys have warned such a ruling would lead to dangerous overcrowding at Border Patrol stations not designed for long-term stays.” (Axios)
Most of the corporate media have tried to distract from the more than 10,000 illegal aliens now crossing every day. Major U.S. media outlets are now ignoring the outcome of Joe Biden’s intentionally collapsed border policies. For several months Ben Bergquam has been covering the illegal alien invasion for Bannon’s War Room. {Direct Rumble Link} WATCH:
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
), the guy that went to Prague on business.
Centinel2012 