COMMENT: Good Morning Mr. Armstrong, a long-time reader and client of Socrates and your conferences. I just read your entry for Belarus drafting 18 to 60-year-olds. I had a feeling that eventually, that would take place here in the states. I can tell you without a doubt, I will never comply. My family has served in WWII and Vietnam. We have given enough. I absolutely despise our government. I am wondering if this is part of the continued collapse of the government. With such low recruitment levels and the political fallout from the past few years, they must realize people will not be forced to serve. Especially those with the means to defend themselves. Is this a main component of civil unrest here with separatist movements? Just curious if you can elaborate on what you think will happen when they institute a draft here. All the Best.
J
REPLY: My family has fought in every war since the American Revolution. My cousin still has the musket on his wall from the American Revolution. I lost half of my high school friends to Vietnam and my father and his three brothers were all in World War II and my grandfathers on both sides of the family were in World War I. There is no question that in a time of war, the first shot fired is both silent and never against an enemy. It is always against any truthful reporting of events.
The Defense Casualty Analysis System (DCAS) Extract Files contain records of 58,220 U.S. military fatal casualties of the Vietnam War. The government propaganda site, Wikipedia also directed by the Deep State, has low-balled the casualties claiming in total, all US and allied military deaths reached 282,000. We claim that is a victory for the VC lost 444,000 to possibly 666,000. The civilians who died have been low-balled with estimates of 405,000 up to 627,000. Just turn to Britannica and you get:
“In 1995 Vietnam released its official estimate of the number of people killed during the Vietnam War: as many as 2,000,000 civilians on both sides and some 1,100,000 North Vietnamese and Viet Cong fighters.”
President Lydon Johnson knew there was no reason to enter Vietnam. He knew we could not get out easily. Still, he committed the country to war because the Neocons wanted it.
This is a famous photograph from Vietnam that is probably the most memorable of all time. You see South Vietnamese forces following terrified children. At the center is 9-year-old Phan Thi Kim Phùc, as she and other children are running from an aerial napalm attack on suspected Viet Cong hiding places on June 8, 1972. The plane accidentally dropped napalm on South Vietnamese troops and civilians. As always, just the collateral damage of war. The terrified girl had ripped off her burning clothes while fleeing. This photo was taken by Nick Ut of The Associated Press that captured the horror of Vietnam worldwide. It was 1972 when President Nixon said enough and promised to bring the troops home.
This 9-year-old make girl running from napalm, Phan Thi Kim Phúc, had profoundly changed her forever. Such people are tormented for a lifetime. They wake up at night dreaming over and over about the horror of those events for the rest of their lives. Kim Phúc was bitter and full of hatred she said. Later, she picked up the Bible and converted to Christianity. Today, she lives in Toronto with her family and helps other children victims of war around the world. It is those who survive who are profoundly tortured for the remainder of their lives. That is the real cost of war that nobody cares about.
The official estimate of civilian deaths in World War II stands at a total of 70–85 million. The actual military deaths were 21,000,000 to 25,500,000. There is ALWAYS an equal amount of civilian deaths in times of war. Those in power never want to talk about that.
Posted originally on the CTH on December 22, 2022 | Sundance
The basic premise of Jack’s Magic Coffee Shop was to use Twitter as a platform built upon a mission to control and influence public opinion.
As a result of the evolution, the growth of the public-private partnership, content moderation flows through DHS. If the system operators allowed you to see that your opinions were not in the minority, it would be a risk for those in power. The foundation of the mission would be compromised. It really is that simple.
Against the backdrop of Twitter triggering suspensions and content removal for any account critical of U.S-Ukraine policy, apparently Elon Musk is perplexed about the system operators of his platform acting to support government and control public opinion.
Either Elon Musk really doesn’t know who is operating his platform, or this is a very public exhibition of Mr Musk pretending not to know. You decide.
Meanwhile, the FBI is claiming {Direct Rumble Link} that anyone who notices their influence over the platform content is a “conspiracy theorist” intent on delivering harm to the United States by spreading disinformation. It’s as if the powers that be within the FBI are desperate to keep the American people gaslit.
There comes a time in the maintenance of any fraud, where the victims start to become aware of their surroundings. Perceptions, perspectives and prior opinions begin to change. For those benefiting from the fraud, the loss of control starts triggering all kinds of reactions.
The need for control is a reaction to fear.
The illegitimate regime of Joe Biden was installed by the collective weight of an intentionally manipulated domestic information control operation. That operation was run and influenced by the United States intelligence community, through the U.S. social media system (Twitter, Facebook, etc.), with the full support of a complicit legislative branch.
Set that cornerstone and then everything that comes after that process, including the need to control future elections, is a process of risk mitigation.
That reality is the ultimate reason why there is a disconnect between the American people and our government.
Every government and social institution are now predicated on the retention of fraud. The U.S. system of government is now exhausting itself, spending the majority of time and institutional energy, maintaining the lies that underpin it.
One of the key institutions charged with maintaining that pretense is the FBI.
“Anti-law enforcement violent extremists – may pose the “greatestthreat” domestically this year and likely into 2022″, the DHS narrative continues.
Perhaps I am wrong, but the only time I can recall in modern U.S. history that aggressive and illegal federal activity was halted mid-effort, was the example of the Clive Bundy ranch in 2014. Armed citizens forced federal authorities, including the FBI, to back down. In response to their loss, former AG Eric Holder vowed to revive “a domestic terrorism task force.” Contemplate that response against the 2021 statements of the FBI saying domestic violent extremists (DVE’s) represent the greatest threat. Can you see the connective tissue?
From the worldview of the DOJ/FBI, law-abiding U.S. citizens – pushed to the point of taking up defensive arms against federal agents – are a threat. Ergo, the newest definition of “Domestic Violent Extremists, or DVEs”, to define who the FBI view as their most substantive enemy. Two years after the Bundy Ranch standoff, the FBI shot and killed LaVoy Finicum, fulfilling their promise to eliminate extremists as defined by their worldview.
The FBI was fully aware of the Boston Marathon bombers, the Tsarnaev brothers, before they executed their plot. The FBI took no action. The FBI knew about the San Bernardino terrorists, specifically Tasfeen Malik, and were monitoring her phone calls and communications before her and Syed Farook executed their attack killing 14 people and leaving 22 others seriously injured. The FBI took no action. The FBI knew Colorado grocery store shooter Ahmad Alissa before he executed his attack. The FBI took no action.
The FBI knew in advance of the Pulse Nightclub shooter (Omar Mateen) and were tipped off by the local sheriff. The FBI knew in advance of the San Bernardino Terrorists (Tashfeen Malik). The FBI knew in advance of the Boston Marathon Bombers (the Tsarnaev brothers) tipped off by Russians. The FBI knew in advance of the Parkland High School shooter (Nikolas Cruz). The FBI knew in advance of the Fort Hood shooter (Nidal Hasan), and the FBI knew in advance of Colorado grocery store shooter Ahmad al-Aliwi Alissa. The FBI took no action.
Consider the case of the first recorded ISIS attack on U.S. soil in Garland, Texas in 2015. The FBI not only knew the shooters (Elton Simpson and Nadir Soofi) in advance, the FBI took the shooters to the venue and were standing only a few yards away when Simpson and Soofi opened fire. Yes, you read that correctly – the FBI took the terrorists to the event and then watched it unfold. “An FBI trainer suggested in an interview with “60 Minutes” that, had the attack been bigger, the agency’s numerous ties to the shooter would have led to a congressional investigation.”
Remember, shortly before the 2018 mid-term election, when Ceasar Syoc – a man living in his van – was caught sending “energetic material that can become combustible when subjected to heat or friction”, or what FBI Director Christopher Wray called “not hoax devices“? Remember how sketchy everything about that was, including the child-like perpetrator telling a judge later than he was trying to walk back his guilty plea because he was tricked into signing a confession for a crime he did not create.
Or more recently, the goofball plot to kidnap Gretchen Whitmer that involved 18 suspects, twelve of them actually working for the FBI as the plot was hatched? And we cannot forget the January 6th. DC protest turned insurrection effort, which is clearly looking like an FBI inspired and coordinated effort.
Have we forgotten the Atlanta “Olympic Park Bombing”, and the FBI intentionally setting up transparently innocent, Richard Jewel?
Then, there’s the entirety of the FBI conduct in “Spygate”, the demonstrably evident FBI operation to conduct political surveillance against Donald Trump using their investigative authorities; and the downstream consequences of a massive institutional effort to cover up one of the biggest justice department scandals in the history of our nation. The original effort against Donald Trump used massive resources from the DOJ and FBI. Heck, the coverup operation using the Mueller/Weissmann special counsel used more than 50 investigative FBI agents alone.
And of course, the FBI still had 13 extra agents available to rush to a NASCAR racetrack to investigate a garage door pull-down rope that might have been perceived as a noose; but the serial rape of hundreds of teenage girls, eh, not-so-much effort – even when they are standing in front of the FBI begging for help.
[At this point, I am increasingly convinced by evidence the FBI themselves are the perpetrators involved in sex trafficking and human smuggling. Perhaps as part of a dark money operation to continue funding a mission unknown to the public]
It is important to realize what exactly happened in the case of the Olympic gymnasts and the rape of hundreds of teenage girls. When the victims and parents told the FBI about what Larry Nassar was doing, the FBI did not bungle the investigation. The FBI did not investigate. But worse…. after the parents kept coming back to the FBI to ask what was going on; and report that other parents were now reporting that new rapes and assaults were ongoing; the FBI told those parents an investigation was ongoing. Except it wasn’t. The FBI was lying.
As the FBI was telling the victims they were investigating Larry Nassar, the FBI was doing no such thing. The FBI was lying to the victims and their families. The FBI was not taking any action whatsoever to address the multitude of claims against Nassar.
After the FBI was caught lying about their conduct, they then lied to the internal oversight, the OIG, about everything surrounding their conduct. The FBI didn’t make a mistake, or drop the proverbial ball, they intentionally and specifically maintained the sexual exploitation of teenage girls by doing absolutely nothing with the complaints they received. This is not misconduct, this is purposeful.
Then, as if to apply salt to the open wound of severe FBI politicization….what did the FBI do with the Hunter Biden laptop?
What the Federal Security Service (FSB) is to the internal security of the Russian state; so too is the FBI in performing the same function for the U.S. federal government.
The FBI is a U.S. version of the Russian “State Police”; and the FBI is deployed -almost exclusively- to attack domestic enemies of those who control government, while they protect the interests of the U.S. Fourth Branch of Government. That is the clear and accurate domestic prism to contextualize their perceived mission: “domestic violent extremists pose the greatest threat” to their objective.
Put another way, “We The People”, who fight against government abuse and usurpation, are the FBI’s actual and literal enemy.
Let me be very clear with another brutally obvious example. Antifa could not exist as an organization; capable to organize and carry out violent attacks against their targets; without the full support of the FBI. If the FBI wanted to arrest members of Antifa, who are actually conducting violence, they could do it easily – with little effort.
It is the absence of any action by the FBI toward Antifa, that tells us the FBI is enabling that violent extremist behavior to continue. Once you accept that transparent point of truth; then, you realize the FBI definition of domestic violent extremism is something else entirely.
The FBI is no longer a law enforcement or investigative division of the U.S. Department of Justice. The FBI has evolved into a political weapon of a larger intelligence apparatus that is now focused almost entirely on self-preservation, even if that means destroying civil society in the United States.
Anyone who continues to push the fraudulent “honorable FBI rank and file talking point”, is, at this point in history, willfully and purposefully operating to deceive the American people on behalf of government interests who are intent on control. It is not a difference of opinion any longer. It is a matter of just accepting what is staring us directly in the face.
Posted originally on the CTH on December 22, 2022 | Sundance
The price for a dozen eggs continues climbing as explanations turn toward blaming bird flu. However, the avian influenza may explain a recent spike, but the longer duration of escalating food price commodities is much deeper than momentary fluctuations. These are energy dependent products.
As CTH noted last year, watch egg prices as a general gauge for overall food inflation (eggs hit almost every process in the supply chain), and watch potato availability to gauge overall row crop stability (staple commodity on every plate, venue).
Additionally, as previously noted, as energy prices continue rising pay attention to the prices on ‘organic’ products. Rising energy prices drive up costs for large commercially processed food supplies at a much higher rate than smaller organic production. People are starting to notice the ‘organic’ option is almost at price parity.
Wall Street Journal – […] Wholesale prices of Midwest large eggs hit a record $5.36 a dozen in December, according to the research firm Urner Barry. Retail egg prices have increased more than any other supermarket item so far this year, climbing more than 30% from January to early December compared with the same period a year earlier, and outpacing overall food and beverage prices, according to the data firm Information Resources Inc.
For supermarkets, eggs are a staple product that most consumers pick up on trips to the grocery store, similar to milk and butter. To maintain store traffic, grocers said they have been sacrificing some profits on eggs to keep prices for consumers competitive. Some suppliers are projecting potential relief in price by February or March, but cold weather could hamper production in the near term, executives said.
[…] Grocery prices have continued to increase this year because of what companies have said are higher costs of labor, ingredients and logistics, helping supermarkets generate higher sales and profits. Those factors have propelled egg prices, too. As eggs get more costly, some supermarkets are selling more organic eggs that are sometimes less expensive than conventional varieties, while suppliers say consumer demand has remained steady despite higher prices. (read more)
Additionally, the overall price for a Christmas meal is much higher than it was in 2021.
(Via Fox) […] The holiday dinner grocery basket is estimated to cost an average of $60.29, according to data from Datasembly. That’s 16.4% higher than last year’s basket when comparing the same exact basket of goods. It’s also double the year-over-year increase reported last year at 8.2%, according to the retail data firm.
[…] The 13 products included stuffing mix, corn, green beans, frozen apple pie, whipped topping, butter, cranberry sauce, bone-in spiral-cut ham, egg nog, homestyle biscuits, russet potatoes, white frozen young turkey and homestyle roasted turkey gravy.
According to the data, biscuits had the highest price increase year-over-year, rising 47.7%. Butter and russet potatoes weren’t far behind with prices rising 38% and 32.6%, respectively, the data showed. (read more)
Keep in mind, this week you should be seeing competitive pricing on beef, specifically standing rib roasts. Retailers will be competing with each other on the staple table items, and this creates an opportunity to buy and freeze beef at a lower price.
2023 will be a year when shopping smart will become increasingly important. Prices are likely to continue rising; one thing is certain, as long as energy costs keep increasing, food prices will not drop. Use the season(s) and holiday sales as opportunities to purchase specific items at lower prices; then store, freeze or can at home for use when the price of those same items is much higher.
Eggs at Christmas 2020 $1.79/doz. -VS- Eggs October 2022 $7.29/doz.
COMMENT: Mr. Armstrong; I know you are very familiar with Ukraine. A friend of mine believes he met you in Kiev back in 2013. You and Henry Kissinger are the lone voices who have told the truth and how the West cares nothing about the people in the Donbas. When you attack a people’s religion, language, and culture, there is never any hope for peace. Zelensky and the West are trying to destroy us the same as the Romans attacking Jerusalem.
Thank you for telling our plight.
Anonymous
REPLY: You bring up an interesting analogy. Ukraine is being used as a pawn in this entire scheme to create World War III to justify defaulting on all debt – i.e. Schwab’s You’ll Own Nothing & Be Happy. You certainly have brought up a very good scenario.
The Great Jewish Revolt began during the reign of Nero (54-68AD) which was the first major rebellion of the Jewish people against the Roman occupation of Judea. It lasted from 66 – 70 AD and resulted in probably hundreds of thousands of lost lives and the ultimate destruction of their Temple. Most of our knowledge of the conflict comes from Roman-Jewish scholar Titus Flavius Josephus (37-100AD), who first fought in the revolt against the Romans, but was then kept by future Emperor Vespasian as a slave and interpreter. Josephus was later freed and granted Roman citizenship, writing several important histories on the Jews.
The fact is that the Romans had occupied Judea from 63 BC onward. While there were some tensions among the advocates of independence, the freedom of religion that had become the cornerstone of Rome was really its backbone. Yes, they conquered many lands. They allowed the people to retain their own religious beliefs and this the Christians would call paganism because there were many gods but none of them were viewed as a creator – more of superbeings who protected them.
Some complained about having to pay taxes to Rome. The story of the zealots trying to entrap Jesus into a conspiracy asking him where he stood on the question of taxation he resolved by asking whose portrait was on the coin. It was most likely Tiberius at the Time. He simply said give unto Caesar what is Caesar’s
The tension began to rise when Emperor Caligula (37-41AD) demanded in 39AD that his own statue be placed in every temple of the Empire. Caligula was rather mad and many say he saw himself as a god. Indeed, Zelensky has outlawed your religion as part of the Moscow Russian Orthodox Church demanding you now obey his replacement of a Kyiv Patriarch. The Romans did the same insofar as they appointed the High Priest of the Jewish religion.
Though the Zealots were always rebellious, Jewish tensions rose sharply when Nero plundered the Jewish Temple of its treasury in 66 AD. This followed the Great Fire of Rome and Nero was short of cash and he was the first to begin debasing the coinage. Like Henry VIII who also was broke raided the Catholic Church, Nero did the same to the Jews. He seized large amounts of silver from the Temple. The story of how the Jews also wanted their autonomy like the Donbas from Ukraine, in both cases there was a rise in nationalism with the aim of freeing the Holy Land from the earthly powers of the Romans, and in the case of the Donbas, the oppression of Ukrainians to the blind eye of the West.
In addition to the Romans, the Jewish peasantry was also angry with the corruption in the Jewish priesthood class as they were pawns of the Romans. It was the Jewish priests who turned Jesus over to the Romans. They were indeed very corrupt not unlike the corruption that had plagued the high priest in Rome who Julius Caesar was forced to overthrow. At the end, when Nero died leaving no heir, the Roman Empire fell into civil war. Vespasian (69-79AD) was forced to crush the Jews out of fear that if he did not, other provinces might rise up and demand freedom as well.
It is an interesting comparison as Kyiv has sought to oppress the Donbas and any student of history knows the hatred of Ukrainians v Russians. Why should the Donbas remain a second-class group of people oppressed by Ukrainians? The West only cares about destroying Russia and you are the pawn in the middle.
While the NY Times was still supporting Bankman-Fried, if the truth is ever really allowed to surface, you will find that FTX was I believe funneling kickbacks to the Democrats from the billions they handed Zelensky. Ukraine pleads for money and I have warned DO NOT SEND ANY FUNDS TO UKRAINE. If you want to help the people, donate to Red Cross – not the Ukrainian government. It is the most corrupt government at least in Europe if not the world. They keep putting out total BS to keep the money flowing. Why was Ukraine pouring money into FTX rather than taking care of its own people?
I was asked by a reporter from the NY Post did I think Republic National Bank was laundering money through my accounts with all the errors, AS THEY WERE DOING IN MADOFF! I told them I had no idea. The error would be backed out the next day and I did not see where it came from and if it went back to the same account or anyone. They do this ALL THE TIME! Madoff simply pled guilty and that prevents a trial so you will never know the truth. I believe he did so to protect his family. The banks claimed they had no idea! That was simply a lie. What about the regs – know your client? They do not apply when the banks are laundering money for someone in power.
I have warned from the start, Ukraine CANNOT be trusted and Zelensky is the man who would start World War III. Everything you worked for your entire life will be forfeited because of this actor. Look at the way he dresses. He is pretending to be poor and at war as if he was a soldier. I CANNOT stress enough, the sheer unbridled hatred of Ukrainian toward Russians is off the chart. They will massacre the Russians that have lived in the Donbas for centuries. That region should have been separated and those people have a fundamental human right to determine to live free of the hatred from Kyiv.
Those who listen to the propaganda that this is all Putin are surrendering not just their own future but their children and grandchildren. No matter what I write, I cannot stop our total collapse into war. It is NEVER the people who wage war, it is always those in power. In this war, they need to cover up the collapse in the monetary system. But they are wrong. They think they can destroy Russia and there will be no nuclear war.
The US just agreed to a military partnership with Israel for we are looking a the Middle East erupting into war. I cannot believe how DUMP our leaders really are. If the shoe was on the other foot, I would launch the missiles from North Korea against the South and Japan, China takes Taiwan, Iran kicks ass in the Middle East, and Russia nukes Kyiv and Warsaw. Both Hitler and Napoleon lost because you CANNOT wage a war on multiple fronts. The US thinks it can use the bodies of other nations and just supply the arms. If I wanted to take down the United States and Europe grinding them into the dirt, you wage war on four fronts simultaneously. Neither Europe nor the United States has the boots on the ground to defend against such an onslaught.
It was the sheer hatred of that region that started World War I. There is no resolution. Ukraine will fight for its total annihilation. Take out Kyiv and then ask, is this what Europe wants and the United States? One Russian nuclear sub can surface offshore and fire 60 warheads. One 200-megaton set off in the Irish Sea will wipe out all of Britain.
Back in 2014, I wrote: ” Divide Ukraine along the historical language faultline and call it a day.” The borders claimed by Ukraine were merely drawn by Kruchev for administrative purposes. Then everyone was Russia. Ukraine was never a country and that is why it embraced ethnic cleansing and the German Nazi Movement. But today, they are not to be trusted with anything. The military support should END. After all, it was the USA that began the civil war using the interim government in 2014 instructing them to immediately send troops to wage war on the Donbas. The Ukrainian people wanted peace and that is what Zelensky promised. No elected government in Ukraine began this war. It was all at the direction of NATO and the USA. That is why Markel played Putin as a fool to just buy time for Ukraine to build its army.
This is a situation that will NEVER be resolved without dividing the country along ethnic lines. The Middle East is no different between Sunni and Shite. There will never be a resolution. Christianity had its Protestant Revolution and there is no way all of Christians will return to the Pope. The same division exists in Ukraine as well as the Middle East. – Accept it and move on.
The resolution “Towards a New International Economic Order,” reaffirmed the United Nation’s need for power to continue working towards a new international economic order based on the principles of equity, sovereign equality, interdependence, common interest, cooperation, and solidarity among all States. It passed from 123 to 50.
Back during the 1970s, in the aftermath of the oil crisis of 1973, developing countries used the United Nations Conference on Trade and Development (UNCTAD) for political purposes. The UNCTAD had been set up in 1964 as a counter to the General Agreement on Tariffs and Trade (GATT) which in itself was the forerunner of the World Trade Organization, WTO. They were demanding grand changes in the management of the global economic system. Their demands were embodied in the Declaration for the Establishment of a New International Economic Order (NIEO), which had been adopted by the United Nations General Assembly back in May of 1974.
It’s stunning today to read the NIEO demands from 1974 since they are almost exactly the same as what the UNCTAD and previous Director General of the WTO (2002-2005), are currently calling for. Today, they are still calling for the suppression of volatile commodity markets as they did back in 1974. They seek preferential trade access to rich country markets, intervention in foreign exchange rates, controlling cross-border capital flows which capital fears a government needs to leave, continue aid to underdeveloped nations, and let us not forget favorable debt rescheduling (defaults). On top of this, they want the United Nation to be in charge of regulating multinational corporations to ensure that they comply with national laws and foster the technology transfers that they want.
All this represents is a drastic turn to a world of authoritarianism as they do what Karl Marx tried and failed – ELIMINATE the Business Cycle. Our ECM Model on the United Nations’ next turning point comes up to March 18/19th, 2023. This is leading into the chaos between January and May of 2023, which is also 31.4 years from the fall of the USSR.
The rise in inflation is causing riots around the world and people are also fed up with corrupt governments everywhere. As our model has been forecasting, the rise in civil unrest is the precursor to the collapse of governments. This is people chasing the military who was protesting the Peru Government. As in the Russian coup when Yeltsin stood on the tank and told the troops not to shoot their own people, once the troops backed down, the coup collapsed. It all depends on the military and whose side do they defend – the people or the corrupt politicians as they have done in Venezuela. Civil Unrest is what unfolds at times as Revolution.
Posted originally on the CTH on December 20, 2022 | sundance
One might think the U.S. Inflation Reduction Act would be constructed in such a manner as to help Americans by reducing inflation. However, not only does the Inflation Reduction Act not help reduce inflation, but the climate change bill carrying the name The Inflation Reduction Act is now the cause for complaints by Europe and Asia because the falsely named spending bill doesn’t help their economy.
The issue stems from the part of the climate change bill that provides a $7,5000 federal tax credit for electric vehicles. As the bill was written the vehicles needed to be assembled in the USA with battery components mostly sourced from the U.S.A. Europe and Asian automakers are not happy because they want their vehicles, made in Europe and Asia to benefit from the tax credit.
Of course, the first thing Joe Biden does is tell Europe and Asia he will modify the rules to permit vehicles made outside the USA to benefit. The exact opposite of the intended construct of the bill in the first place.
But,… that’s multinational corporate globalism in action.
WASHINGTON—The Biden administration on Monday delayed proposing detailed rules for new tax incentives for electric vehicles, following strong pushback from European and Asian allies that the subsidy program discriminated against their companies.
The Treasury Department said details on the battery-sourcing requirements that electric vehicles must meet to qualify for up to $7,500 in tax credit will be released in March, instead of by the end of this year as earlier planned.
The department said, however, it will release “information on the anticipated direction” of the battery requirements before year-end to help manufacturers prepare to identify vehicles eligible for the tax credit. It didn’t specify what information would be made available then.
The EV tax incentives, part of the Inflation Reduction Act that President Biden signed into law in August, are designed to accelerate a transition to cleaner vehicles. But it also includes complex requirements aimed at boosting domestic production of electric vehicles and batteries, setting off complaints from European and Asian governments as well as auto makers.
To qualify for the full $7,500 in tax credit, vehicles must go through their final assembly in North America, a requirement that disqualifies many electric vehicles from non-U.S. car makers since they are typically assembled overseas.
The new rules also require EVs to have at least 40% of their critical minerals for batteries sourced in the U.S. or countries that have free-trade agreements with the U.S., starting in 2023. That threshold is set to rise to 80% by 2026.
At least 50% of the components in the batteries must be manufactured or assembled in North America by 2024, with that percentage rising gradually to 100% by 2028.
A Treasury official said the department needed more time as it works through the complexities of crafting the technical rules.
Following a meeting with French President Emmanuel Macron in early December, President Biden said the U.S. could offer what he called tweaks to the program to make it easier for European countries to participate.
The Treasury Department said the details on battery requirements will come as part of a notice of proposed rule making in March and noted that the new requirements will take effect only after the proposed rule is issued. (read more)
posted originally on the CTH on December 15, 2022 | Sundance
uring a podcast Matt Taibbi describes the big picture takeaway of the data they have been permitted to review so far. {Direct Rumble Link}
Interestingly, Taibbi notes the silo effect within Twitter as the division in charge of taking action on requests is not necessarily the division that receives the requests. There is an inflection point between two silos. Taibbi notes the current data set does not include access to the inbound requests and instructions from government officials, they are limited to only seeing what happens after the request is received.
They are also limited in only seeing the activity that is taken within the action division where the accounts are restricted. The division within Twitter that was in the process of amplifying or boosting accounts, is a different silo.
Additionally, as Taibbi also notes, if the scale of what they are seeing in Twitter is representative of outside contacts to other social media platforms, then he is sure Facebook, YouTube, Google, Microsoft, Instagram, Apple etc. also have a process to receive and act upon these inbound DHS/FBI instructions. WATCH:
.
In essence, everything Taibbi is seeing is fully in line with Jack’s Magic Coffee Shop.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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
Centinel2012 