Rubin Report By Dave Rubin of “The Rubin Report” talks to Peter Lloyd and Savanah Hernandez about Lieutenant Governor of Minnesota Peggy Flanagan doubling down on protecting gender reassignment surgery for transgender kids and Elon Musk’s reaction.
Let me be very clear, having investigated the Miami-Dade and Broward County school system for over a decade, this is not surprising.
Following the path of Trayvon Martin and the weird school discipline program he was a part of, I ended up spending a lot of time deep in the research of these school systems. Things are not what they appear.
The recent video of a 9-year-old Latina student and her brother being beaten mercilessly by older black students on a school bus is not an isolated incident.
[New York Post] – […] In a statement, the Miami-Dade Schools Police said the offenders have been arrested.
“The safety and wellbeing of our students are of the utmost importance,” it read. “This school district goes to great lengths to promote the values of restraint and respect as well as using social media responsibly. We ask that parents reinforce these principles at home.”
Meanwhile, three female Florida high school students — two 17-year-olds and a 15-year-old — were arrested this week for their role in yet another violent campus melee caught on tape. (read more)
Note, that in all reporting you will find the “Miami-Dade School Police Department” (MDSPD) are involved… NOT, I repeat NOT, the Miami-Dade Police Department. The MDSPD are the gatekeepers for what Miami-Dade and Broward County schools call the ‘Promise Program.’ The MDSPD essentially act like prison wardens to keep violent thugs inside the school system away from regular police units.
In an education system set up by former School Superintendent Alberto Carvalho, a totally separate law enforcement system was put into place for the schools. Any student engaged in criminal conduct was diverted away from the criminal justice system and into a system where MDSPD would handle all criminal activity by students.
The MDSPD turned the intent of the ‘Promise Program’ into a gladiator academy. The program was so poorly thought out, and the unintended consequences so brutally ignored, this was always going to be the outcome.
They are now more than ten years into this system, and there is no possibility of reforming it. Students entering into Miami-Dade and Broward County Schools are cannon fodder for a culturally Marxist, politically correct, social justice, education/political system.
By keeping students out of the criminal justice system, the MDSPD are now essentially groomers with badges assisting and coordinating with violent street gangs and organized crime. Add in the systemic elements of Black -vs- Latino racism, and what you end up with is an entire school system structured like a prison ward with internal gangs and factions of criminal activity inside the schools.
The old concept of sending a child to school to learn math, reading, history, writing and composition skills is totally removed from what remains. Inside the campus buildings housing the “promise” predators and “student” prey, you will find a structurally deficient education system that is more akin to a regional prison system. Outside that system are what you would customarily think of as law and order (police and courts).
However, inside that system is a self-contained gladiator academy mostly abandoned by teachers who focused on education (they left to survive), and the school faculties and administration are now wardens of the social justice system. The wardens (former school principals) and the prison guards (MDSPD), just try to maintain the image of something parents might be familiar with. Yet, it is all just a ruse.
This is not an exception.
Everyone will deny this is happening.
Everyone will deny what I have described above is not what is going on. The stakeholders in the system run from the individual school administrators, the police, the school boards, the local media, all the way up to the Florida Dept of Education and the Florida Governor’s office. All of them will deny the systemic nature of the corrupt and brutal system that exists in both Broward and Miami-Dade counties; however, all the denial in the world doesn’t change the reality.
The Miami Dade School Police Department is a false front. The MDSPD are positioned like the greeters at the Walmart entrance, intended to give the illusion of customer service upon entry to the store, because you won’t find another employee to assist during your visit.
Behind the MDSPD false front is a system of gladiator training under the auspices of “education.” Within this system, apex predator students are groomed and protected by MDSPD to be career criminals. Parents who send younger or weaker students into the system are providing the in-house victims for the gladiators to train on. That is the reality, the non-pretending reality.
If the Miami-Dade School Board wanted to change things (they don’t), they would first need to: (1) build much bigger prisons; (2) disband the MDSPD and instead expand the regular Miami-Dade police department to cover the school district; (3) pull the predators out of the schools; (4) fire the entire school administration and faculty guards of the housing units for the predators; (5) let them all reapply and go through intensive pre-screening for re-employment; (6) hire principals and teachers to replace the “administrators” and “educators.”
If the state of Florida was to conduct a sting operation and put undercover state agents inside the Broward and Miami-Dade school system (acting like students and teachers), Floridians would be stunned at the findings. However, the results of that investigation would never be permitted to reach the public. They would bury it….
It’s worse than I just described….. Way worse…
… And I have the receipts.
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QUESTION: Hi AE…so gov’t “money” (fiat currency) will become just some abstract floating measurement of value, an electronic entry in an electronic account in the cybersphere. As these various so-called gov’ts become less reliable, even between themselves, do you see the possibility of them simply skipping their phony currencies, & trading directly in gold. Russia could ship a specific quantity of crude to China, for a specific amount of gold bars. Your argument about the impracticality of a gold-backed currency makes sense, but what about large transactions being settled in gold?
HS
ANSWER: The entire problem that people do not grasp with regard to any return to a gold standard is that if the money supply is FIXED in any way, that necessitates the collapse of SOCIALISM. The two are directly linked. Politicians only know how to run with deficits. Vote for me and I will give you this or that!
The Bretton Woods gold standard collapsed because they FIXED the price of gold at $35, but they continued to print money far beyond the supply of gold at that fixed price. In addition, you have a business cycle. There will be times when no matter what the money might be, there will be boom times when the value of money declines and the asset values rise.
This argument over gold v fiat is absolutely just nonsense. The wealth of any nation is the productive capacity of its people. For centuries, the business cycle has existed and that is the entire cause for the “inflation” in assets when money declines in value, and then the “deflation” in assets with the value of money rises. Arguing over what we use for money will NEVER stop the business cycle.
The cycle is also in part driven by all governments. It becomes a drug of power that is abused. It would not matter what we use for money right now, they want to create World War III so they can default, and escape from the abuse of this Marxism that they have turned into a system of borrowing every year with no intention of paying anything back. But we have reached the confrontation between Keynesianism where central banks are expected to prevent inflation by rising interest rates, but that has no impact on the government which has become the biggest borrower in the system.
We are going BUST not because of the money we use, but because of the abuse of power in government which has always existed since ancient times.
Trust me. Forget gold standards. They will never work because all governments act only in their own self-interest. You should have learned that with COVID. They will never admit any mistake EVER! It is far better to keep gold on our side of the table and we can then use it as a hedge against governments. They are seeking to move to digital currencies ONLY so they can track when you hired the 16-year-old girl next door to babysit for you so they can go after her for the government’s 50% share.
Even Bitcoin is fiat. There is no backing. People have dived headfirst into cryptocurrency on the entire proposition that they are limited. All they have done is proven my point. Money, historically, has been everything from seashells and cattle to bronze, silver, and gold. Of all the various forms of money, only bronze and cattle had any real commodity value based on utility.
The Egyptians really invented paper money for the farmers would deposit their grain and receive a receipt which was a bearer instrument used in trade. They also used raw metal, not coins, and traded based on weight, as it stated in the Bible. Here is a piece of pottery from Egypt recording a complaint about taxes written in Greek. It stated the sum amounted to a total of 90 talents of silver with 15 talents of tax on the transfer of land – 16.6%.
For thousands of years, Egypt had no coins until it was conquered by Alexander the Great, and upon his death, his general Ptolemy I (305/304 – 282 BC) took the throne and it was his Greek line from which Cleopatra VIII came – not Egyptian.
Our system is starting to implode. Never in the history of human civilization have governments demanded taxes on income requiring reporting every year. This was the gift of Karl Marx. Just as this Egyptian tax on the transfer of land, we see that property taxes and a form of sales tax were the norms.
The American Constitution was intended to give thenational government greater power to raise revenue because the previous Articles of Confederation had been a fiscal disaster. Nevertheless, most people remained fearful of taxation by governments. Indirect taxes were to be the way to secure our liberty from tyrannical governments. It was generally understood that indirect taxes meant taxes on consumption like a retail sales tax and/or excise taxes on imports. It was believed that indirect taxes did not lend themselves to abuse by tyrannical governments. Consequently, the general belief was that “direct taxes” has to be taken off the table. Incomes taxes, throwing out the window of all the wisdom of the ages, were imposed by the new age of Marxism in 1913.
The Federal Reserve raised the benchmark by 25 bps, as expected. The Fed fully understands that the manipulation of the CPI is a necessary aspect both for containing government benefits and understating inflation also results in high tax revenues. The market loves hope, and as a result, they focused on the warning that we’ll be in restrictive territory for just a bit longer. Most still believe that there will be a slowdown in inflation just ahead.
The Fed’s cautionary commentary saying that the “disinflation process” has started triggered shares to jump ending up 1%. This shows how insane the analysis had become that they cheer a recession and think that lower interest rates are bullish for the stock market. Obviously, they just listen to the talking heads on TV and have never bothered to look at reality. When interest rates decline, so has the stock market. Interest rates rose for the entire Trump Rally, and they crashed during the Great Recession of 2007-2009. For the life of me, I just shake my head when the talking heads cheer lower rates and spread doom and gloom with higher rates.
With the extradition process completed, law enforcement officials in Idaho have released the arrest warrant and criminal affidavit against murder suspect Bryan Kohberger.
Within the probable cause affidavit outlining the evidence against Bryan Kohberger, the investigators release a lot of very specific new evidence against the suspect, including an eyewitness within the house.
The affidavit states a woman who lived at home told investigators she was woken up around 4 a.m. by what sounded like Kaylee Goncalves (21) playing with her dog in a bedroom on the third floor.
A short time later, the roommate said she thought she heard Goncalves say “something to the effect of ‘there’s someone here,’” according to court documents. Forensic information from victim Xana Kernodle’s phone shows the noise could’ve come from Kernodle’s cellphone as it indicated she was “likely awake and using the TikTok app” around 4:12 a.m.
The witness told investigators she looked out of her bedroom but didn’t see anything after hearing about something being in the house.
Documents say the woman opened her door again after hearing what she thought was crying from victim Xana Kernodle’s room. The woman told investigators she then heard a man say, “something to effect of ‘it’s OK, I’m going to help you,’” as outlined in the affidavit.
Around 4:17 am, the affidavit says a security camera at a home next to the residence on King Road “picked up distorted audio of what sounded like voices, or a whimper followed by a loud thud.” Documents say a dog can also be heard barking “numerous times” starting at 4:17 a.m. The camera is less than 50 feet from Kernodle’s bedroom wall.
The witness told police she opened the door a third time after hearing the crying and saw a masked man in black clothing who walked past her and toward a sliding glass door.
The woman, who wasn’t harmed in the attack, said the man walked past her as she stood in “frozen shock.” The woman then went back into her room and locked the door. The woman told police she didn’t recognize the man but described him as being around 5’10” tall, not very muscular but athletically built with bushy eyebrows, documents say.
While processing the crime scene, documents say investigators found a “latent shoe print” that had a diamond-shaped pattern outside a roommate’s second-floor bedroom, which matches what the woman told police about the suspect’s travel path in the home.
The affidavit written by Moscow, Idaho Police Cpl. Brett Payne, breaks down the scene police encountered, and why Kohberger is accused of murdering the four students in November. The probable cause affidavit also details the vehicle of Kohberger in the area in front of the house on multiple occasions at the time of the murders.
Additionally, the documents also report that DNA matching Kohberger’s profile was found on the button snap of a tan knife sheath found on the bed next to Madison Mogen’s 21-year-old body after the murders.
During the Turning Point USA America Fest, Fox News contributor and #1 rated cable news host, Tucker Carlson is asked about Florida Governor Ron DeSantis and President Donald Trump. Who would Tucker Carlson endorse in the 2024 GOP primary? {Direct Rumble Link}
The answer Carlson delivers to that question is the best 9+ minute dialogue on both men you will hear. Referencing his recent interview with Mike Tyson, Tucker begins by outlining the baseline premise inherent in questions around endorsements. The essence of the question implies an individual’s opinion of their own self-importance, which Carlson eloquently explained is irrelevant.
Tucker then delivers a very accurate encapsulation of both leaders and frames the context for both amid a scenario that no one should predict. WATCH:
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QUESTION:
Hi Marty,
Please help as I invest in mostly ETFs from Australia.
I was getting USD exposure but now looks to be ending by Jan 1st, 2023.
I was Informed 2 days ago.
Could you do a post about this and any potential workarounds as I’d take a guess a lot of International clients would have a similar issue.
The US Internal Revenue Service (“IRS”) has issued a new provision under Section 1446(f) of the Internal Revenue Code (“IRC”) that primarily impacts non-US Persons who invest in US PTP Securities. With effect from 1 January 2023, non-US Persons will incur a 10% withholding tax on gross proceeds from sales or trading of US PTP Securities.
Regards Dean
ANSWER: This is once again the Biden Administration hunting every possible dime it can find while handing endless billion to Zelensky who may be on track to become the richest corrupt politician in the entire world. This is the notice going out to all foreigners investing in the once land of the free and home of the brave which has been downgraded to the land of the absolute fools without the hill. One bank has sent this to their clients trading in US ETFs.
Dear Customer,
Withholding Tax of 10% – Publicly Traded Partnership Interest (PTPs)
With effect from 1 January 2023, a 10% withholding will be imposed on sales and certain distributions associated with PTPs or exchange traded funds (ETFs).
PTPs trade like stocks on major U.S. and global exchanges and are often indistinguishable from equities, ETFs and other commonly traded instruments. It is critical that you understand these tax implications when you hold such PTPs and you should seek the appropriate professional advice if you are unsure of the contents of this email.
Background:
The Internal Revenue Code Section 1446(f) issued by the US Internal Revenue Service imposes rules relating to withholding of tax on transfers of Publicly Traded Partnership Interest (PTPs) and will take effect on 1 January 2023. The new rules consist of the following:
· All PTPs, including non-U.S. PTPs, are subject to the new requirements if they have gains that are effectively connected with a trade or business within the United States.
· 10% withholding will be applied to sales and certain distributions associated with PTPs. (Please note that where there is any existing withholding tax being applied today, for example to other distributions, those will continue to be applied with no change/ no reduction)
Please visit _____ official website > Notices for more details.
If you have any further questions, please email us or call our Customer Service line.
Section 1446 (see link) is part of a segment of the Code that governs withholding on nonresident aliens and foreign corporations.
Section 1446 itself deals with withholding on foreign partners who have income that is effectively connected with the US through a partnership. Section 1446(f) adds a withholding requirement that applies to the disposition of partnership interests, but it does not apply if the selling partner provides an appropriate affidavit:
“No person shall be required to deduct and withhold any amount under paragraph (1) with respect to any disposition if the transferor furnishes to the transferee an affidavit by the transferor stating, under penalty of perjury, the transferor’s United States taxpayer identification number and that the transferor is not a foreign person.”
I.R.C. § 1446(f)(2)(A).
I doubt that section 1446 applies here, as my understanding is that ETFs are taxed as registered investment companies, not as partnerships. But I am not an accountant or a tax lawyer. My reading on this text suggests that this turns on the definition of an ETF which is clearly not a partnership.
Those who are being harassed by various banks should contact their legal departments and demand their interpretation as to why suddenly an ETF is a partnership. I would love to see what explanation they have provided to apply this tax. If there is some other code they are overlapping or how they are coming up with this or are they acting out of sheer overcaution? If they will not provide an explanation, I suggest you close the account ASAP or wire out all funds until you find another firm.
During his opening segment tonight, Tucker Carlson bid an epic farewell to Illinois Republican Adam Kinzinger. This is really, really funny.
I will obey grandmas rule for this one, saying only that Will Rogers never met Adam Kinzinger. WATCH:
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Friends, in the late summer and fall of 2021 CTH warned of massive waves of price increases that would push inflation to record highs. We watched as each wave arrived almost on schedule throughout 2022, and as a direct result of Joe Biden energy and economic policy, prices necessarily skyrocketed.
In essence in 2021 we were warning about the expenditure side of the ledger that all working-class and fixed income families would experience. We advised to take every proactive measure possible to avoid future price increases.
Now, unfortunately, we begin moving those same warnings to the other side of the ledger; because as a natural consequence of consumer checkbook pain, the financial pressure always transfers to the income and employment side of the economic dynamic.
Keep in mind, retail sales are calculated in dollars spent by consumers. November 2022 retail sales as reported by the commerce department today [DATA pdf], reflect a 0.6% decrease in spending vs October. November data includes Thanksgiving, Black Friday and the traditional early holiday shopping. 0.6% less dollars were spent, despite prices being double digits higher than the prior year.
When the prices you are charging for goods and/or services are 10, 20, even as high as 60 percent more than prior year, yet your sales are running flat to negative – that means consumer purchases of those goods/services are substantially lower.
If you were selling 100 widgets for $1 each in 2021, you gross $100. If your widgets now sell for $1.25 and you gross $94 in 2022 sales, you have sold 75 widgets.
In 2021 you sold 100 widgets, in 2022 you sold 75 widgets, a difference of 25 widgets.
Everything attached to the raw material, creation, manufacturing, distribution and sale of those 25 missing widgets is no longer part of the economic activity associated with your widget business. You are now telling your suppliers you don’t need as many widgets, because they are not selling. You have lost 25% of your business in this scenario.
Everything associated with the drop in consumer spending now begins to downsize. Downsizing means less labor needed. This process triggers the economic impact shifting from the consumer sales side of the ledger to the income side of the ledger for employers, employees and workers.
If this consumer spending trend continues, and there is absolutely no reason to think it will reverse, we are entering a phase of serious financial instability for the American worker, at a scale that will dwarf the 2006/’07 and ’08 recession.
I am not a doomsayer pundit on economic matters. I am a proactive planner on economic forecasts. With consumer credit costing more, with fed interest rates climbing, with import orders cancelled, with shipping costs dropping, with consumer spending contracting, with fewer units moving, with inventories climbing, all of the data only points in one direction.
Serious consumer defaults are looming.
Government policy has been hammering the demand side of the economy, proclaiming -falsely- that excessive consumer demand was the cause of inflation. This game of economic pretending is about to get very serious.
Consumer spending, as measured in actual units created and purchased in the economy, has been contracting since the third quarter of 2021 (started June, July, August ’21). Simultaneously, consumer spending as measured in actual dollars spent to purchase food, fuel and energy, has been skyrocketing. This is a supply side inflationary cycle with no soft landing.
(Wall Street Journal) – U.S. retail spending and manufacturing weakened in November, signs of a slowing economy as the Federal Reserve continues its battle against high inflation.
November retail sales fell 0.6% from the prior month for the biggest decline this year, the Commerce Department said Thursday. Budget-conscious shoppers pulled back sharply on holiday-related purchases, home projects and autos. Manufacturing output declined 0.6%, the first drop since June, the Fed said in a separate report.
The Fed on Wednesday raised its benchmark interest rate 0.5 percentage point to a 15-year high and signaled plans to continue lifting rates through the spring. Fed officials have increased rates at the fastest pace since the 1980s to cool the economy and bring down inflation, which is running near a 40-year high.
“Most households are acting strategically, planning for a road ahead that may be more difficult to traverse, with higher interest rates, the housing slump, and ongoing inflation—and the very real possibility of a recession,” said Craig Johnson, president of the retail consulting firm Customer Growth Partners. (read more)
Businesses are going to start cutting expenses in order to survive.
The number one expense for almost all businesses is the labor cost.
Non-essential and high wage labor is going to get removed first.
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!
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