The Korea Economic Research Institute (KERI) believes that the youth born after 1990 will be unable to claim their pensions as the current system is close to collapsing. South Koreans may claim their pensions at the age of 62, which is about three years earlier than other G5 nations. The G5 plans to raise the age to 67 to 75, while South Korea plans to implement an age requirement of 65 to 67.
Yet, South Korea’s population is aging rapidly. In the near-term, the nation will be faced with a “superaged society;” by 2025, 20.3% of the population will be 65 or older, and that percentage will increase to 37% by 2045.
Insurance premiums for Korea’s public pension are around 9%, while the G5 average is 20.2%. South Koreans are also required to contribute for a shorter term to receive a pension. The current average stands at 20 years, but the G5 average is 31.6 years in comparison. “It is necessary to invigorate the private insurance and pension market alongside more tax benefits and an overhaul of the pension system to brace for a superaged society,” said Choo Kwang-ho, the research head of KERI’s economy policy division.
As I said in 2016, the pension crisis is global. Governments always have their hand in the cookie jar and cannot manage pensions without it becoming a giant Ponzi scheme. Any pension fund that holds government debt in size and thinks it will return to normal is delusional.
California Governor Nuisance Newsom would like to pass Assembly Bill 1400, “Guaranteed Health Care for All,” as the nation’s first single-payer health care system. Unfortunately, this does not equate to free health care. The Tax Foundation estimates that this measure will increase taxes by $12,250 per household, doubling the state’s sky-high tax collections. The 2022-23 budget proposal is $286 billion, but many believe it will rise to $400 billion.
“The top marginal rate on wage income would soar to 18.05 percent—nationally, the median top marginal rate is 5.3 percent—and the state would adopt a new 2.3 percent gross receipts tax (GRT), at a rate more than three times that of the country’s highest current pure GRT,” the Tax Foundation reported. The new tax package aims to raise $163 billion annually, but California has never been close to raising that amount through taxes.
Surtaxes atop the current individual income tax structure beginning at $149,509 in income;
A graduated-rate payroll tax system with the top rate kicking in for employees with more than $49,990 in annual income; and
A gross receipts tax of 2.3 percent, excluding the first $2 million of business income.
After 2.5 years of increased spending, Newsom has failed to produce any notable changes aside from pushing many Californians to flee the state. In 2019, Newsom permitted illegal immigrants between 19 and 25 to qualify for Medi-Cal coverage, intended for poor and disabled citizens who legally pay taxes. Adding illegal immigrants to Medi-Cal could increase the cost by $98 million annually.
Democrats always promise not to raise taxes on “the little guy,” but funding Guaranteed Health Care for All will dig into the pockets of anyone earning over $49,000. Assemblyman Health Flora (R) said, “When they realize they don’t have enough money to pay for this, they can raise taxes on everyone on a simple majority vote. They wrote that right into the bill. But anything fiscal has to be a 2/3 majority vote.”
These policies are why people have been fleeing the once desirable state of California for greener (redder) pastures where they are not taxed into oblivion with Socialistic promises of someone else’s money footing the bill.
Posted originally on the conservative tree house on January 17, 2022 | sundance | 95 Comments
As noted by the Washington media, “The FBI reversed its position late Sunday on the Texas synagogue hostage-taker, acknowledging it was a case of terrorism after first improbably insisting the suspect’s motives were unclear.”
It wasn’t just a happenstance reversal, and it wasn’t a reversal based on evidence discovered that caused them to adopt new conclusions. Immediately preceding the FBI reversal in position was a public statement by Joe Biden in Philadelphia:
[11:58 A.M. EST, SUNDAY] …”Hey, folks. With regard to Texas and the synagogue, I spoke this morning with the Attorney General and — to get a rundown. He said there’s overwhelming cooperation with the local authorities and the FBI, and they did one hell of a job.
This was an act of terror. This was an act of terror. And it not only was related to someone who had been arrested, I might add, 15 years ago and been in jail for 10 years — the idea that it was something new. And they did just a great job. “… ~ Joe Biden
The reason this aspect is important is to highlight the motives of the FBI and DOJ. The actions of the institutions are driven by political defenses of the leftist regime.
If President Donald Trump was to have said “This was an act of terror“, the same institutions would have castigated him by saying, there’s still not enough information to make that legal distinction. The media would then inflate the issue and spend the next two media cycles ridiculing him. This is not supposition, this example, is a reference point that actually played out several times during the Trump administration.
However, during the Biden administration, the institutional motives of the DOJ/FBI are in alignment with Joe Biden and his administration. Therefore, the institutions themselves will modify their practices and operations to be in synergy with Dear Leader.
This might sound like a “duh” example, but the larger point is reinforcement of a severely politicized justice system. It is very dangerous to have a justice system driven by political alignment. It is even more dangerous to have a law enforcement agency making decisions based on political alignment.
Joe Biden doesn’t need to give instructions about ideological alignment and messaging. Indeed, I doubt he gives any instructions. The people behind Biden might give instructions, but this type of synergy is more appropriately considered like the cast of an improvisation performance just following the cues by the lead actor. Biden says something, and the apparatus (whichever element it is) moves to align with whatever he just said.
♦ Saturday Night / Sunday Morning FBI: ““We do believe from our engagement with this subject that he was singularly focused on one issue, and it was not specifically related to the Jewish community,” Matthew DeSarno, the FBI Dallas special agent in charge, told reporters. “But we’re continuing to work to find motive, and we will continue on that path.”
♦ Sunday at Noon: “This was an act of terror. This was an act of terror,” Joe Biden says.
♦ Sunday at 5:00pm FBI: “This is a terrorism-related matter, in which the Jewish community was targeted, and is being investigated by the Joint Terrorism Task Force.”
Here’s the video of Biden’s full statement at Noon on Sunday:
Q Do you know why he targeted that specific synagogue, Mr. President?
THE PRESIDENT: Well, no, I don’t. We don’t have — I don’t think there is sufficient information to know about why he targeted that synagogue or why he insisted on the release of someone who’s been in prison for over 10 years, why he was engaged — why he was using antisemitic and anti-Israeli comments. I — we just don’t have enough facts.
Germany is enjoying absolute tyranny. During the protests over the weekend, you see the police with measuring sticks ready to imprison anyone who is not socially distancing. Yet the police are walking between people violating their own law. Europe has lost its mind all for a virus that was created in a lab and is being exploited for political change. This is a city that divided its people because of politics. The politicians there have demonstrated that they are by no means representing the people. This is becoming an outright usurpation of power.
Our computer has been forecasting the rise of civil unrest and it has been unbeatable. My greatest fear and that the politicians have reached the tipping point. They will either be thrown out of the office or terminate the right of the people to vote. This is the real political crisis we face as every day more and more evidence surfaces that not merely is COVID grossly exaggerated, but the vaccines have no ability to prevent the spread of COVID. The facade is crashing down upon governments and the fake media. This only warns of greater civil unrest and this is now about to cross the Rubicon.
Posted originally on the conservative tree house on January 17, 2022 | sundance | 230 Comments
I have intentionally not written about the terrorist attack in Colleyville, Texas, because my initial review saw significant parallels to the first ISIS attack on U.S. soil which took place in 2015 at Garland Texas, carried out by Elton Simpson and Nadir Soofi.
In the Garland attack the FBI organized, facilitated and coordinated the attack. The FBI even drove the terrorists to the attack venue and then left once the shooting began. Yes, you read that correctly, the first ISIS attack on U.S. soil was organized by the FBI. {Go Deep} CTH dug deep on the 2015 Garland attack, so it wasn’t too difficult to spot the similarities between Garland 2015 and Colleyville 2022.
♦ Colleyville, Texas – Malik Faisal Akram, who was known as Faisal Akram, had a well known Islamic extremist history to British and American intelligence. Akram ranted, prior to his travel to the U.S, that he wished he had died in the 9/11 terror attacks. He was a regular visitor to Pakistan, and reportedly a member of the Tablighi Jamaat group set up to ‘purify’ Islam. To say the U.S. intelligence system knew Faisal Akram would be an understatement. The FBI knowledge of Akram has now been confirmed by The Daily Mail.
So, the questions become: (1) how did Faisal Akram gain a visa to enter the United States? (2) Who did he visit? (3) Who gave him the weapon? (4) Who facilitated his travel and targeting operations; and lastly, (5) who financed and assisted him in his attack?
Unfortunately, the most obvious answer is just like the 2015 Garland example, the FBI was his enabler.
Akram entered the synagogue around 11am Saturday morning as a service was live streamed online. Akram shouted anti-Semitic rants at the Jewish members, took them hostage and then demanded the release of convicted terrorist Aafia Siddiqu, whom he referred to as his ‘sister’. The location in Colleyville seems significant, because ‘Lady al-Qaeda’ is being held in a federal prison about 20 miles from Colleyville, at FMC Carswell in Fort Worth.
(Daily Mail) – The Texas rabbi who escaped from British gunman Malik Faisal Akram after a 12-hour stand-off on Saturday said he welcomed him into his synagogue because he ‘looked like he needed shelter’ and gave him a cup of tea.
Rabbi Charlie Cytron-Walker also explained that he threw a chair at Akram at Beth Israel Congregation in Colleyville, Texas, on Saturday so that he and two other hostages were able to escape.
[…] The rabbi also revealed that towards the end of the stand-off, he feared he would be killed because the gunman wasn’t ‘getting what he wanted’.
‘It didn’t look good. It didn’t sound good. We were terrified.’
The hostages only escaped when he threw a chair in the gunman’s face and bolted for the exit.
SWAT teams killed the gunman afterwards, once all of the hostages were out safely.
‘When I saw an opportunity where he wasn’t in a good position, I made sure the two gentlemen who were still with him, that they were ready to go. The exit wasn’t too far away.
‘I told them to go, I threw a chair at the gunman and I headed to the door and all three of us were able to get out without even a shot being fired,’ he said. (read more)
BACKGROUND on FBI – 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.
As mentioned, the case of the first recorded ISIS attack on U.S. soil was in Garland, Texas in 2015. The FBI not only knew the shooters (Elton Simpson and Nadir Soofi) in advance, BUT the FBI ALSO 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 that 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, human smuggling and abduction as part of their operational mission.]
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 not a law enforcement or investigative division of the U.S. Department of Justice. The FBI is a political weapon of a larger institution that is now focused almost entirely toward supporting a radical communist agenda to destroy civil society in the United States.
The current mission of the FBI is to facilitate, preserve and protect the administration of Joe Biden. The attack in Colleyville presents as a purposeful distraction from a multitude of extremely bad headlines overwhelming the administration as a direct result of leftist policy.
Something intentional happened to allow Faisal Akram entry into the U.S, and 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 destroying us.
It is not a difference of opinion any longer. It is now just a matter of accepting what is staring us in the face.
Posted originally on the conservative tree house January 17, 2022 | sundance | 315 Comments
A study out of Israel is showing the fourth shot, second booster of COVID vaccine, provides no benefit in the prevention of the Omicron variant.
(Reuters) – A fourth shot of COVID-19 vaccine boosts antibodies to even higher levels than the third jab but it is not enough to prevent Omicron infections, according to a preliminary study in Israel.
Israel’s Sheba Medical Center has given second booster shots in a trial among its staff and is studying the effect of the Pfizer booster in 154 people after two weeks and the Moderna booster in 120 people after one week, said Gili Regev-Yochay, director of the Infectious Diseases Unit.
[…] “We know by now that the level of antibodies needed to protect and not to get infected from Omicron is probably too high for the vaccine, even if it’s a good vaccine.” (read more)
I’m at a complete loss about why anyone would keep arguing for value in the vaccine passport. If vaccinated and unvaccinated equally are susceptible to COVID infection, and the vaccine does nothing of benefit in that encounter, then why in the heck are vaccine passports even considered of value?
My wellness and exercise regimen during the white house “Winter of severe illness and death” continues…
Posted originally on the conservative tree house on January 17, 2022 | sundance | 245 Comments
Dr. Mary Talley Bowden has taken a stand in Houston, Texas, against the medical establishment’s COVID-19 protocols, and withstood massive pressure upon her. Dr. Bowden disengaged herself from a medical system that was not treating the core of patient’s needs and set off on her own path.
Dr. Bowden created BreatheMD to treat patients suffering from COVID-19 with therapeutics, wellness and monoclonal antibody treatments. To take this approach, Mary Bowden had to disconnect herself from the medical establishment. Her clinic is thriving despite the ongoing assaults from Big Pharma, the Houston Methodist hospital system and media. Dr. Bowden is on the right side of history. Earlier today she held a press conference. 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 