Posted originally on the conservative tree house on August 18, 2022 | Sundance
Comprehensively compromised U.S. Magistrate Judge Bruce Reinhart said Thursday he is leaning toward releasing some of the evidence presented by corrupt U.S. Justice Department officials to justify the general search warrant of President Donald Trump’s Florida home last week.
This is a case that pits We The People against the justice system, news organizations and corrupt federal prosecutors. Unfortunately, we have no representation in the matter.
The justice system, including the DOJ, FBI regime police and federal judiciary, needs to protect itself from public scrutiny lest the people discover the true motives of the star chamber narrative called ‘national security.’ As a consequence, we should expect no sunlight that is not heavily managed to protect all state stakeholders. In the background, China, Russia and Iran grin mightily as the illusion of democracy is exposed.
(Newsmax) – […] Judge Bruce Reinhart said he believes “there are portions of the affidavit that could be unsealed,” referring to the sworn statement laying out the evidence for why there was probable cause to search Trump’s Mar-a-Lago resort.
He ordered the Justice Department to file a redacted version of the affidavit under seal by noon next Thursday, but said the Justice Department will be given the opportunity to appeal if prosecutors don’t agree with his proposed version.
Reinhart’s order seemed to mark a victory for news outlets, who appeared in federal court in West Palm Beach on Thursday to persuade the judge that the public interest in the affidavit outweighs the benefits of keeping it sealed. The Justice Department opposes the release of the evidence.
Of course, the DOJ opposes the release of the affidavit. Without the secrecy the strategic value of their ongoing leaks to the media would diminish. Pretenses must be maintained; narratives must be sharpened; the illusion of a justice system is contingent upon strict rules against transparency.
Jay Bratt, the head of the department’s counterintelligence and export control section, told the judge on Thursday that releasing the affidavit is not in the public interest because it could harm the ongoing probe.
“There is another public interest at stake and that is the public interest that criminal investigations are able to go forward unimpeded,” he said.
The search was part of a federal investigation into whether Trump illegally removed documents when he left office in January 2021 after losing the presidential election to Democrat Joe Biden.
The Justice Department is investigating violations of three laws, including a provision in the Espionage Act that prohibits the possession of national defense information and another statute that makes it a crime to knowingly destroy, conceal or falsify records with the intent to obstruct an investigation.
Attorneys for several media outlets including The New York Times, the publisher of the Wall Street Journal, ABC News and NBC News told Reinhart on Thursday that the public’s right to know and the historic significance of the search outweigh any arguments to keep the records sealed.
“The public could not have a more compelling interest in ensuring maximum transparency over this event,” said Charles Tobin, one of the attorneys arguing for the media companies.
Trump in statements on social media has called on the court to unseal the unredacted version of the affidavit “in the interest of transparency.” (read more)
In the bigger picture there is no ‘trust’ left for the DOJ or FBI to lose. Even the illusion of integrity from within the institutions of Main Justice has been destroyed over the past decade with epic mountains of evidence toward how the justice department and their state police, FBI, have weaponized their agencies for political motives.
Despite the pontifications of the great pretenders, the American people are under no illusion that a non-corrupt justice system actually exists. At this moment the discussion in every village, hamlet and gathering is about how to deconstruct these agencies without violence, nothing more.
The time where pretending held some value, toward retaining the illusion of our constitutional republic, is in the rear view. We are all dissidents now; members of a national insurgency relegated to codewords and careful scripts in order to avoid the watchers.
In a just world a lawyer would look Judge Reinhart in the eye and tell him directly that his court, and the entire federal system of courts of which he is a member, are now positioned as the enemy of the people they have targeted with this weaponized system. General search warrants are unconstitutional, yet that is exactly what Main Justice requested and what Judge Reinhart approved.
Unfortunately, amid the great pretending class, the great pretenses remain. However, for the victims of this bastardized and corrupt system, comfortable denial is no longer an option… Acceptance has settled in.
“I have sworn upon the altar of god, eternal hostility against every form of tyranny over the mind of man.”
Posted originally on the conservative tree house on August 18, 2022 | Sundance
As a result of western governments’ taking collective action under the auspices of a ‘climate change’ agenda, we are on the cusp of something happening with ramifications that no one has ever seen before.
Western governments’, specifically western Europe, North America (U.S-Canada) and Australia/New Zealand, are intentionally trying to lower economic activity to meet the intentional drop in energy production.
This is the core consequence of the Build Back Better agenda as promoted by the World Economic Forum.
Anyone who says there is a reference point to determine both the short-term and long-term consequences is lying. There is no precedent for nations’ collectively and intentionally trying to reduce economic activity.
Hiding behind the false justification that current inflation is driven by too much demand, central banks in Europe, the Bank of England, Bank of Canada and U.S. federal reserve are raising interest rates. The outcome we are currently feeling is an intentional economic contraction and global recession.
The Build Back Better monetary policy is successfully shrinking western economic activity; however, the impacted nations that produce goods for markets in North America and Europe, specifically southeast Asia, Japan and China, are not raising interest rates in an effort to try and offset the drop in demand. China has announced they are dropping their central bank rates in a desperate effort to lower costs and keep their export dependent economy working.
Underneath all of this, is a drop in energy production in the same nations trying to lower economic activity. The political policymakers are attempting to manage this process without informing the citizens of the unspoken goal. Shortages of oil, coal and natural gas are self-inflicted problems, all part of the BBB agenda.
Beyond the massive increases in energy costs, which is the true source of inflation and a direct/intentional outcome of the BBB effort, Europe is now facing a looming winter without the energy resources to heat homes and sustain people. Things are going to be very uncomfortable in Europe this winter as roaming brownouts are now predicted.
As the collective west attempts to, using their words, “manage the transition,” they do not have mechanisms to control an outcome of this magnitude. It is simply too big a situation to manage. Where the rubber meets the road, the think-tanks and high-minded climate change ideologues do not have the ability to manage a transition and still meet the needs of people. Beyond the esoteric thinking, there are real consequences from these actions.
Many people have discussed the potential for longer-term food shortages and recently, shorter-term winter heating. However, beyond that, the downstream geopolitical consequences are seemingly being ignored. Instead, what we see is an effort to keep pretending the climate change ends will justify the means (disruption of energy production).
In this connected world, when the western nations stop buying things, we find ourselves domestically with economic trouble. Businesses fail, unemployment rises, financial stress ripples throughout the economy, dependency on government subsidy increases and real pain is felt. However, beyond the domestic issues the supplier nations run into even bigger problems.
Unemployment in Malaysia, Vietnam, South Korea, Japan, Taiwan and even China, creates an entirely different set of regional stability issues on a geopolitical level.
There is no precedent for this. Never before in the history of industrialized nations has any government intentionally tried to lower its economic activity. It has never been done with intent before because within the contraction nations get more poor, people suffer.
Not only has no single nation ever tried to intentionally shrink its wealth, but there is no precedent whatsoever for an alliance of nations to join together with the same purpose. While this might seem like an academic economic modeling exercise, unfortunately it is very real. What I am describing is happening right now, and we had better start talking about it before the unforeseen consequences start to become a crisis.
In North America (U.S-Canada), Europe and Australia, there will continue to be massive increases in food prices as a result of the collapse in energy production. Beyond the western nations there will be food shortages as a result of lowered harvest yields and less industrial food production. This is not controversial.
It is also not controversial that regions with harsh winter climates are going to be paying much more for scarce heating resources.
That being accepted, what happens geopolitically, even militarily, when the entire global economy starts to feel the impacts from western nation economic contraction on a scale -created by collective action- that has never been seen before.
I have no idea what that big picture consequence looks like, but whatever “that” is, will be happening at the same time as people everywhere will be more desperate as an outcome of their economic position. I don’t have the answers, but I sure as hell can see the problem coming.
Political leadership in the aforementioned western nations are seemingly, perhaps intentionally, keeping people distracted with domestic shiny things to occupy time. However, someone needs to start talking about, and seriously challenging, the big picture consequence of this Build Back Better future, before it’s too late.
Shakespeare’s famous line was: “The first thing we do, let’s kill all the lawyers.” To put that in its proper context, only the king had an attorney, so they were prosecutors. When we look at the real difference between Republicans and Democrats who enter politics, it becomes an indictment against the legal profession. Lawyers are adversarial by nature and are thus trained to try to win at all costs. Likewise, law enforcement officers are trained to look for illegal activity. They are trained to observe. One friend I knew who was a policeman said that everyone was guilty of something.
One legal professor even wrote a book on that subject – “Three Felonies a Day.” That is the entire problem. There are so many laws that everyone commits something that would justify their arrest every day. For example, adultery is technically illegal in 21 states. Cheating on your spouse in Idaho, Massachusetts, Michigan, Oklahoma, and Wisconsin, among others, have felony charges against it. Adultery, or having an intimate relationship with someone other than your spouse, is a Class 3 offense in Arizona, and a sentence of up to 30 days in prison is possible. To be charged with a felony then deprives you of owning a gun or ammunition. So, adultery and just possessing a gun or ammunition will land you in prison for five years. I saw a Vietnam Vet get five years because he had an empty shell from Vietnam on a chain around his neck, and he was sentenced to five years in prison as the prosecutor claimed he could fill the drilled holes, pour in gunpowder, and that was good enough for five years in prison.
That training given to lawyers when it comes to politics may be a huge conflict of interest that actually is anti-American. That adversarial training may work in litigation but does not work when representing the people in politics. Being trained to win at any cost creates has been what is at the root of the polarization and hatred that is now boiling up in our country. It tends to move against common sense and actually eliminates any legitimate debate, for it has devolved into — our way or no way!
In 2012, at the Republican National convention, Clint Eastwood made public his opinion of lawyers as he spoke to an empty chair that represented Barack Obama. “See, I never thought it was a good idea for attorneys to be president, anyway.” Lawyers actually are much more common in politics. Clinton was the 45th president and the 26th lawyer to hold the position of president. Indeed, 60% of the U.S. Senate is lawyers, while 37.2% of the House of Representatives are lawyers. Together, that means that lawyers control 43% of the total votes in the country.
DEMOCRATS
Franklin Delano Roosevelt was an attorney, as was the fiery William Jennings Bryan (Thou Shalt Not Crucify Mankind on a Cross of Gold), who advocated inflation. Every Democrat vice presidential nominee since 1976, except for Lloyd Bentsen, went to law school. Barack Obama was a lawyer. Michelle Obama was a lawyer. Hillary Clinton was a lawyer. Bill Clinton was a lawyer. John Edwards is a lawyer. Elizabeth Edwards was a lawyer. Look at leaders of the Democrat Party in Congress: Senate majority leader Chuck Schumer is a lawyer. Former Senator Harry Reid was a lawyer. Indeed, even every Democrat presidential nominee since 1984 was a lawyer. Granted, Joe Biden, before he was senile, graduated at the bottom of his class. Al Gore graduated from Harvard, but he did not graduate Vanderbilt Law School.
REPUBLICANS
The Republican Party is different. President Trump is a businessman. President Bush 1 and 2 were businessmen. Vice President Cheney was a businessman. President Eisenhower was a 5-star General. The leaders of the Republican Revolution: Newt Gingrich was a history professor. Tom Delay was an exterminator. Dick Armey was an economist. Ex-House Minority Leader John Boehner was a plastics manufacturer. The former Senate Majority Leader Bill Frist is a heart surgeon. Who was the last Republican president who was a lawyer? Gerald Ford, who left office 31 years ago and barely won the Republican nomination as a sitting president, ran against actor Ronald Reagan in 1976. The Republican Party puts forth more non-lawyers than Democrats.
Apparently, Mitt Romney, who was very anti-Trump, had a joint degree from Harvard’s Law and Business Schools. It was the lawyers in the Republican Party who were against Trump, like Rubio. It was Rubio who was drafting legislation to impose sanctions on China if they aided Russia. I sent a letter warning that was a braindead response, but I did not get a response. Perhaps the idea fell apart. But Rubio is a lawyer, and the typical response is to write a law. That is our entire problem.
Once a law is put on the books, it remains there forever. Sarasota, Florida was the home of the Ringling Brothers Circus. The town passed a law that you cannot leave an elephant at a parking meter without paying the parking meter fee. In Pennsylvania, when driving on a country road at night, you must stop every mile and set off flares or other warning signals and then allow 10 minutes for livestock to clear the road. There are still places where if you are driving down the road and your car frightens a horse, you must pull off the road. If the horse is still frightened, you must dissemble it. In Alabama, it is illegal to drive your car while blindfolded. I suppose that must have been a huge problem. When you are in West Virginia, if you ran over a squirrel, it’s legal to eat your road kill or anyone else’s. Lawyers in government can’t resist writing laws.
The Democratic Party is made up of mostly lawyers who attack those who create wealth, big and small. Perhaps this is the entire problem. The nation has been polarized because that is the very training of a lawyer to be adversarial. Are the Democratic lawyers looking at those who create wealth to be exploited by the slip-and-fall claims? Those who create wealth by starting a small business that provides 70% of employment are looked upon as evil, greedy sorts of people as the enemies of America. And, in the eyes of the Democratic Party, have we evolved into seeing the procession of official enemies grow with wealth that must be attacked? The Democrats do not rail against illegal aliens, and those who want a free ride burden the middle class.
Unfortunately, this is the natural consequence of viewing everything through the eyes of lawyers because of the very adversarial training and the view that everyone is really guilty. Lawyers do solve problems by successfully representing their clients, which, in this case, should be the American people as a whole, but they seem to see it as only those who vote for them. Lawyers seek to have new laws passed, they seek to win lawsuits, they press appellate courts to overturn precedent, and lawyers always parse language to favor their side. Confined to the narrow practice of law, that is fine. But it is an awful way to govern a great nation.
The problem with lawyers in government is that they inherently begin to view some Americans as clients and other Americans as opposing parties. This is why we are plagued by their use of the legal system in our lives which has become all-consuming. Some Americans become adverse parties to our very government, and they must then be punished. Somehow we have to change this perspective, for it is polarizing society and converting our equal justice for all into an adversarial legal batter with everything from abortion to taxes.
Unfortunately, lawyers have a place in the private world, but in politics, it is turning our nation into an adversarial mud-wresting match to the death. They fight to the death over appointing people to the Supreme Court which in itself demonstrates that there is no RULE OF LAW; it is always just an opinion. When I was in the gold business, State Senator Walter Foran asked me to write the law for the State of New Jersey to make gold not taxable under the sales tax. I wrote the law stating gold was not taxable unless “converted to use” and the sales tax Nazis stormed my business, seized my records, and then demanded sales tax on over 3,000 transactions. I went to court and lost. They would not allow me to testify because it was “irrelevant.” I may have misinterpreted what the Senate asked me to write. Their interpretation was that “converted to use” was “investment use,” and the judge ruled in the State’s favor. Senator Foran demanded to testify on my behalf, but they would not allow him to testify as a senator. My request to subpoena the Senate was denied as unreasonable. The prosecutor, after the case said, “Sorry, nothing personal. This is how we make law.” I retired and did not want to be then harassed every year.
Our society is drowning in laws that judicial decisions have distorted our freedom and the legal system has been carried on the back of those it oppresses. It has invaded every part of our once private lives with lockdowns and mandatory vaccines that have benefited those who bribe our so-called representatives. The place for laws and lawyers remains in the private sector – not the government. Once in power, they see every solution warrants a new power and law.
This Democratic Administration, the same one that just raided Trump’s estate to prevent any documents from coming out about RussiaGate and their behind-the-curtain machinations, has now filed a lawsuit against Arizona, claiming that a new state law that requires voters to show proof of U.S. citizenship in order to cast a ballot in presidential elections is unconstitutional. We cannot simply cross the border and go vote in Canada. Yet, according to this Biden Administration, anyone can come and vote in the United States, and you do not have to prove who you are. This is what I mean where law disregards all common sense. We live now in total chaos.
We are witnessing the total destruction of not just common sense, but of the society we once called America. We cannot repair our society, for that change cannot be brought by lawyers who now control our very future. Einstein warned, “We cannot solve our problems with the same thinking we used when we created them. ”
Our modern world is falling into the same trap that destroyed the Byzantine Empire. They created so many laws that they often said that they employed more tax collectors than there were people left to pay taxes. Even in computer science, in a distributed network, you solve a problem by reaching a consensus despite the presence of nodes that disagree. Today, the danger of democracy has always been the fear that the majority will oppress the minority. That has become the objective today in politics, and I fear it has become the norm because we have too many lawyers who see the world in an adversarial confrontation.
The United States has only 5% of the world’s population but 66% of the world’s lawyers! Tort (Legal) reform legislation has been introduced in congress several times in the last several years. It has been an unreachable quest to limit punitive damages. People spill hot coffee on themselves and then sue the establishment. Meanwhile, pharmaceutical companies pay bribes to ensure their immunity. This legislation has continually been blocked from even being voted on by the Democratic Party because they are the party with an overwhelming number of lawyers who will never vote against their own self-interest. No different from Goldman Sachs installing people in every department they can deal with finance. It is a warning g sign that 99% of the political contributions from the American Trial Lawyers Association go to the Democrat Party. The ABA Journal also confirms that trial lawyers donate to the Democrats – not Republicans.
Without term limits, we are simply doomed. We cannot bar attorneys from running for office. We just have to understand that the legal system is trained to be adversarial, and this is why the nation is on the brink of civil war. Courts were there to keep society “civil” where disputes were to be resolved civilly. The courts are no longer impartial, and judges have way too much power just to seal records and refuse to allow the people to see the truth.
Lawyers are a necessary part of society. My father was a lawyer. But we cannot allow this training in adversarial confrontation to consume the entire society. Even the conflict with Russia reflects this win at all cost doctrine and refusal to negotiate or compromise. The bottom line with lawyers in government is that they also know how to craft laws and then circumvent them. As I have said before, I was invited by Edmon Safra to the IMF dinner in DC where he rented the entire National Gallery. It was illegal to buy a politician dinner, so you could have lobster, filets, whatever. As long as we stood, it was not considered a dinner but Hor D’erves.
This is the problem. When the Democrats seek to plunder the rich, it becomes their way of life. They no longer know how to run for office withing promising to tax the evil rich. They create for themselves a legal system that authorizes their progressiveness denying equal justice for all and a moral code that glorifies discrimination based on wealth which is somehow justified.
Yet, independent analysis has shown that this proposal will harm small and medium businesses. “Most small businesses are organized as pass-through entities — LLCs and S Corps,” James Lucier, managing director of Washington-based policy research firm Capital Alpha, told The Post. “Proponents of increased auditing specifically say they want to target pass-through entities, which inherently means targeting small business and small business owners.” Lucier explained that smaller companies would be unable to fight back. Only large corporations have specialized lawyers to review everything and adhere to the plethora of laws.
The big companies are already using Biden’s failed plans to make a profit. The Inflation Reduction Act primarily pays for climate change controls, and they slipped in a $7,500 tax credit for those who can afford an electric vehicle (EV). So what did the companies do? Ford and GM simply raised the prices on their EV to match or exceed the tax credit.
Let’s not forget the 15% corporate tax minimum. Costs are always passed onto the consumer. Not a single Republican voted for this bill. Democrats are the enemy of the middle class — the wolf in sheep’s clothing.
By Habibi Bros. Published originally on Rumble on August 17, 2022
Siraj and Jay discuss the CDC admitting to f*cking up the COVID-19 pandemic response, Liz Cheney gets ousted from Congress, developments in the FBI raid of Trump’s home at Mar-A-Lago, and the one-year anniversary after the catastrophic Afghanistan withdrawal. It’s everything that makes you want to drink on Habibi Power Hour.
Posted originally on the conservative tree house on August 17, 2022 | Sundance
Not wanting to put too much credibility behind any Newsweek report; however, the claims within the article mirror what we have suspected all along. [Article Here]
Essentially, the nub of the article states the DOJ claim to “retrieve federal documents” was a cover story so the FBI could retrieve evidence Trump took from DC showing his Russiagate targeting. This is called “throwing a bag over it.”
Newsweek – The FBI raid on Mar-a-Lago last Monday was specifically intended to recover Donald Trump’s personal “stash” of hidden documents, two high-level U.S. intelligence officials tell Newsweek.
To justify the unprecedented raid on a former president’s residence and protect the source who revealed the existence of Trump’s private hoard, agents went into Trump’s residence on the pretext that they were seeking all government documents, says one official who has been involved in the investigation. But the true target was this private stash, which Justice Department officials feared Donald Trump might weaponize.
“They collected everything that rightfully belonged to the U.S. government but the true target was these documents that Trump had been collecting since early in his administration,” says the source, who was granted anonymity to discuss sensitive issues.
The sought-after documents deal with a variety of intelligence matters of interest to the former president, the officials suggest—including material that Trump apparently thought would exonerate him of any claims of Russian collusion in 2016 or any other election-related charges. (read more)
In a lengthy four-part series, what is described in the Newsweek article essentially tracks with our own review.
In Part One we outlined the background of the modern Deep State {Go Deep}. In Part Two we outlined the specifics of how President Trump was targeted by political operatives using tools created by the DC system {Go Deep}. In Part Three we outlined how and why President Trump was blocked from releasing documents {Go Deep}. In Part Four we outlined the specifics of what documents likely existed in Mar-a-Lago {Go Deep}.
Take out the leftist slant intended to make President Trump look like he did something wrong, and the Newsweek article sounds mostly accurate.
Posted originally on the conservative tree house on August 17, 2022 | Sundance
In addition to being a featured writer in The Atlantic, David Frum is a tenured member of the republican professional political class. Frum has a similar pedigree to many well-known republican politicians, and his curriculum vitae includes:
“David Frum has been active in Republican politics since the first Reagan campaign of 1980. From 2014 through 2017, Frum served as chairman of the board of trustees of the leading UK center-right think tank, Policy Exchange. In 2001-2002, he served as speechwriter and special assistant to President George W. Bush.
David Frum holds a BA and MA in history from Yale and a law degree from Harvard, where he served as President of the Federalist Society. He and his wife Danielle Crittenden Frum live in Washington DC and Wellington, Ontario. They have three adult children.” (link)
Posted originally on the conservative tree house on August 17, 2022 | Sundance
When congress approved $80 billion in new funding for the Internal Revenue Service (IRS) enforcement division, the intellectually honest crowd knew this was not just about hiring more IRS agents. Indeed, the personnel side of the spending will almost certainly pale in comparison to the IRS creating new technological enforcement mechanisms to track electronic payment systems. Ultimately, it’s just an obvious evolution in IRS monitoring and surveillance.
Today, Treasury Secretary Janet Yellen seemed to outline exactly that when she sent the IRS a memo instructing them to develop an action plan within six months for how to improve the technology needed to expand enforcement {link}. What we are likely to experience is the next phase in the public-private partnership, this time focused almost exclusively on electronic payment systems, income and earnings.
On August 10th, after reviewing the legislative language, CTH said, “I predict (in phase one) the IRS will soon create an office of “digital income verification and audits” or DIVA. This agency will be used to confiscate and remove access to on-line funds. In phase two they trigger the ‘climate change’ control mechanisms.” {link} It’s not that much of a prediction as it is just an acceptance of this ongoing big government continuum.
An IRS enforcement agency specifically focused on “Digital Income Verification and Audits” (DIVA), is a transparent mechanism following the basic principles of the government partnership with big tech social media. The IRS version will be a collaboration, and/or monitoring system, between the Treasury Dept and processors of on-line funds like PayPal or GiveSendGo, etc. Just like social media, the payment processing systems will eventually be merged with government systems.
Once this technological system is built, legal and regulatory framework constructed, real time monitoring of on-line currency flow will be possible. Once that phase is fully executed, then phase-2 becomes possible. Phase two would likely involve the control or blocking of any transaction deemed against the regulations of the governing authority.
Example: If you used your debit card to purchase too much gasoline (fossil fuel) or meat (regulated food product), the carbon credit program attached to phase-2 could suspend your ability to make purchases.
The first step in the process is to have a surveillance system in place to view all monetary exchanges and payment processes that happen on-line. Thus, Secretary Yellen is asking the compliance division of the IRS for an action plan within six months to outline the IRS technology needed.
WASHINGTON (AP) — Now that President Joe Biden signed Democrats’ expansive climate, tax and health care bill into law, Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining how the tax agency will overhaul its technology, customer service and hiring processes.
In part, the improvements are meant to “end the two-tiered tax system, where most Americans pay what they owe, but those at the top of the distribution often do not,” Yellen said in a Tuesday memo to IRS Commissioner Chuck Rettig, whose term ends in three months.
Yellen’s memo, obtained by The Associated Press, outlines the importance of modernizing IRS computer systems and ensuring the agency has an adequately-staffed workforce now that the tax collector is set to receive nearly $80 billion over the next 10 years. That funding is needed for more than technology. At least 50,000 IRS employees are expected to retire over the next five years.
[…] Yellen last week sent instructions to IRS leadership not to increase audit rates on Americans making under $400,000 a year annually.
“Instead, enforcement resources will focus on high-end noncompliance,” she said in her Aug. 11 guidance. “There, sustained, multi-year funding is so critical to the agency’s ability to make the investments needed to pursue a robust attack on the tax gap.” (read more)
That’s a parseltongue phrase if I have ever seen one. “Do not increase audit rates,” simply means if 75% of current audits are targeting the middle class within the current IRS budget, make sure only 75% of new audits target the middle class with the doubled budget. The number of audits doubles, but the rate of the audit in comparison to the IRS targeting remains the same.
Keep in mind, from their reference point it’s not your money, it’s theirs. That is why left-wing government officials use phrases like “spending in the tax code” to explain allowing people to keep their own income.
Posted originally on the conservative tree house on August 17, 2022 | Sundance
In the second quarter of 2021 Target earned $1.82 billion in profit. In the second quarter this year, target earned $183 million. That’s the result of inflation hitting the middle-class consumer.
Few people are buying electronics, home goods, durables or clothing. Any retailer that specializes in the sale of non-essential items is going to feel the financial results of working-class families reprioritizing their spending. Checkbook economics is the economics that matters.
Hopefully, CTH readers are well prepared for this phase of the Joe Biden economy. It will almost certainly get worse.
(Daily Mail) – Target reported on Wednesday that its profits plunged nearly 90 percent last quarter after it was forced to slash prices to clear unwanted inventories of clothing, home goods and electronics.
In early June, Target warned that it was canceling orders from suppliers and aggressively cutting prices because of a pronounced spending shift by Americans as inflation cuts into spending on non-essential items.
US retailers have cut their profit forecasts in recent weeks as consumers squeezed by higher prices for essentials such as food and gas cut back on items like apparel and electronics.
[…] ‘Americans have had to trade down or delay purchases as inflation continues to squeeze household budgets,’ Morning Consult’s retail and e-commerce analyst Claire Tassin told DailyMail.com. (read more)
The cascading impact will flow through multiple sectors, including housing.
(Forbes) – Despite falling mortgage rates providing some relief to potential home buyers, mortgage applications fell to the lowest level since the turn of the century last week—providing fresh evidence that the housing market downturn may have room to run as some experts worry about how the collapse will damage the broader economy.
Mortgage applications fell 2.3% from one week earlier, according to the latest data from the Mortgage Bankers Association, pushing overall applications to the lowest level since 2000 even as rates on the popular 30-year fixed mortgage slipped to a two-month low of less than 5.5%. (read more)
Posted originally on the conservative tree house on August 17, 2022 | Sundance
Former Vice President Mike Pence delivered an establishment republican party speech at Saint Anselm College in Manchester, NH, today. During his prepared remarks, Pence denounced the effort of some people in the republican party who call for defunding the FBI.
According to Pence he was, “deeply troubled” by the behavior of the justice department and the FBI during their raid on President Trump’s residence at Mar-a-Lago. Pence continued by saying the FBI “rank and file” should not be attacked or disparaged for the political agenda exhibited by the organization they represent. It’s a weird statement when you think about it in context.
The FBI as an institution doesn’t do anything; it is the men and women within the institution that take actions based on corrupt political intent. The only way to address the behavior of the FBI is to do exactly the opposite of what Pence is saying. Institutions are made up of people. The rank and file within that corrupt system are the people carrying out the corrupt endeavors. The audio is a little poor, but here is the segment, 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
Centinel2012 