Nancy Pelosi officially announced her resignation from politics this year. The former House Speaker found fortune in politics, accumulating $130 million from equities during her 38-year tenure. Her returns would make the most seasoned money manager stutter—16,930%.
As a comparison, the Dow Jones “only” yielded 2,300% during the same time period. Her annual return was a grotesque 14.5%, outperforming every major index. Her portfolio raked in 54% last year, doubling the S&P’s 25% return. She managed to outperform every hedge fund globally.
Pelosi amplifies every reason why Congressional term limits are crucial. Nancy Pelosi has accumulated a $240 million fortune through blatant inside trading. Microsoft, Google, Amazon, Nvidia, among others—when the government is making moves, her “husband” just so happens to make lucky trades ahead of the news. Her current salary is $174,000, previously $223,500, and she will earn a $139,000 annual pension upon retirement. Naturally, she will still have those inside sources and continue to grow her wealth.
Progressive members of the Democratic Party have been pushing Pelosi out. The younger generation is more socialistic and less willing to openly generate wealth through backroom deals. Although she has not officially declared retirement, Pelosi is 86 years old and facing numerous health issues. The Democratic Party is separating in a massive way, becoming a national embarrassment. She has nothing to lose by sliding away from the swamp now, especially is Prop 50 passes in California and provides the Democrats more leverage in the elections by redrawing congressional district maps.
California state experiences a payroll contraction during the first eight months of 2025, marking the largest job decline since COVID. The state’s 5% unemployment rate is above the national average and has remained so for the past 19 consecutive months. Over 173,000 jobs disappeared from California from January to November 2025, a 14% annual increase, with the tech sector alone shedding 75,262 jobs.
Fannie Mae is fleeing San Francisco to Birmingham in 2026 as it has become impossible to conduct business in California. Numerous major companies have announced relocations from California in the upcoming year. The Walt Disney Company will relocate around 2,000 jobs in Southern California to Central Florida. GAF Energy, a solar roofing company, plans to shut down its headquarters in San Jose in favor of Georgetown, Texas. John Paul Mitchell Systems, a hair products manufacturer, will relocate HQ to Dallas.
Governor Gavin Newsom believes he can continue spending and rescue the state from the debt through taxation. Fleeing businesses can’t pay taxes, and California forces both businesses and residents to pay some of the highest taxes in the nation. All corporations operating in the state must pay a flat corporate income tax rate of 8.84% on net income. Banks and financial institutions pay a bit more at 10.84%. There is an annual franchise tax of $800 for businesses as well. But wait—corporations are still beholden to the 21% federal corporate income tax, which means businesses are paying roughly 29.84% on corporate income taxes alone.
Payroll taxes in California are higher than the national average, largely due to social programs like State Disability Insurance (SDI) and the Employment Training Tax (ETT), which must be paid in addition to Unemployment Insurance (UI). There is a personal income tax withholding of up to 14.63% that employers must withhold from employees as well.
Companies reducing their tax liability through research and development (R&D) credits or those operating at a net operating loss are the only industries growing in California right now The expansion of the AI sector and venture capitalism is propping up California right now. Newsom would not admit it but the One Big Beautiful Bill provided the state with a major stimulus. AI investment in California has reached $405 billion for the year, nearly doubling the $250 billion estimate.
Capital flees excessive regulation and it’s almost a no-brainer for corporations to move beyond state lines where operating costs are drastically lower.
While the world has focused on Russia/Ukraine, the tensions are rising between the US and China. Let’s face reality. China could move so fast against Taiwan that any hope of U.S. military intervention might arrive way too late to make a difference. China launched a surprise multiday military exercise completely surrounding Taiwan dominating Taiwan’s air space, naval space, and ground forces in an exercise that simulated a total blockade of Taiwan and attacks on its critical infrastructure.
As far as the share market is concerned, 2025 should prove to be the highest annual closing after a 17-year rally. The year 2026 is a Directional Change. We still see January as a Panic Cycle so caution is advisable for a turn back to the downside.
China has adopted what is known as the “All-Dimensional Deterrence outside the island chain.” This is a very clear reference to intercepting any U.S. military forces in the Western Pacific Ocean that might attempt to intervene in Taiwan’s defense against an actual attack.
The State Department has come out and stated for the New Year:
“China’s military activities and rhetoric toward Taiwan and others in the region increase tensions unnecessarily. We urge Beijing to exercise restraint, cease its military pressure against Taiwan, and instead engage in meaningful dialogue,” said State Department spokesperson Tommy Pigott on Thursday. He also added: “The United States supports peace and stability across the Taiwan Strait and opposes unilateral changes to the status quo, including by force or coercion.”
It was the Neocons who were in charge of the Biden Administration even sent Pelosi to Taiwan to instigate a confrontation with China in 2022 as they did in Ukraine to start the war with Russia.
The One China policy in the context of U.S. diplomacy refers to the United States’ acknowledgment of the position held by the People’s Republic of China (PRC) that there is only one China and that Taiwan is part of China. The U.S. does not explicitly endorse the PRC’s claim but “acknowledges” it.
The policy was formally adopted during the process of normalizing relations between the United States and the People’s Republic of China in the 1970s. The first policy was issued By President Nixon known as the Shanghai Communiqué (February 28, 1972). This was issued during President Richard Nixon’s historic visit to China; this is the foundational document. The U.S. side declared:
“The United States acknowledges that all Chinese on either side of the Taiwan Strait maintain there is but one China and that Taiwan is a part of China. The United States Government does not challenge that position.“
Later under President Jimmy Carter, the U.S. switched diplomatic recognition from the Republic of China (Taiwan) to the People’s Republic of China. This became known as the Joint Communiqué on the Establishment of Diplomatic Relations (January 1, 1979). The U.S. “recognizes the Government of the People’s Republic of China as the sole legal Government of China” and “acknowledges the Chinese position that there is but one China and Taiwan is part of China.”
Then in 1979, Congress passed by the following normalization known as the Taiwan Relations Act (April 10, 1979). This act provides a legal framework for continuing unofficial relations with Taiwan and commits the U.S. to providing Taiwan with defensive arms. It creates a persistent tension with the commitments in the Joint Communiqués.
Then the U.S. stated it “does not seek to carry out a long-term policy of arms sales to Taiwan” and intended to reduce arms sales gradually. This was the August 17 Communiqué (1982).
Consequently, the U.S. One China policy was articulated in the 1972 Shanghai Communiqué and cemented in the 1979 Normalization Communiqué. It is based on the Three U.S.-China Joint Communiqués and is fundamentally different from the PRC’s One China Principle, which insists Taiwan is an inalienable part of China. The U.S. policy is a deliberate, strategic ambiguity that acknowledges the Chinese position without endorsing it, while maintaining substantive unofficial ties with Taiwan.
The Pelosi visit Taiwan in August 2022 was a serious violation of the One-China principle and the provisions of the three U.S.-China joint communiqués. It infringed upon China’s sovereignty and territorial integrity, and sent a severely wrong signal to the “Taiwan independence” separatist forces. The Chinese government firmly opposes any form of official exchanges and military contacts between the U.S. and Taiwan, and has taken necessary measures to resolutely safeguard national sovereignty and territorial integrity. Taiwan has been an inalienable part of China’s territory since ancient times, and the Chinese government is unwavering in its commitment to achieve complete national reunification.
Pelosi went to Taiwan as a symbolic confrontation to boost Taiwan Independence like John McCain went to Ukraine to inspire that revolution in 2014. In both cases, it appears that these were deliberate actions to instigate confrontation on both side of the world and have driven China and Russia together reversing the Objectives of Nixon’s policies from the start. What if a Russian politicians stood on the steps of Capit0l Hill and declared Russia is behind you, overthrow your government? But the Western Press looks the other way when Pelosi and McCain deliberately seek to usurp American foreign policy.
Pelosi’s trip on 2022 has definitely set in motion rising tensions in 2023 which will escalate into 2027.
QUESTION: You first publicly forecasted that gold would reach $5,000 per ounce in late 2009, specifically on November 7, 2009. You said the earliest would be $5,000 by 2016 if there was international war. But you said that the $5,000 target would be more likely by 2027 to 2032. I believe you said your extreme target was $12,000 but that was not highly likely. You correctly said that 2015 was the low on a 3-year correction and gold was just $1100 when you made that forecast. Has anything changed in nearly 10 years?
Pete
ANSWER: The main reason why I have tried to open Socrates to the world is in hopes that after 2032, we may enter an initial Dark Age meaning that society will fragment as countries break apart and we will be given the opportunity to recreate government from scratch. My interpretation is not always correct. I have stated many times when I have tried to defeat my own computer, I am always wrong. No human is ever 100% infallible. We would not be human otherwise.
That said, nothing has changed. I understand that people think if you cannot forecast where gold will close tomorrow, how can you forecast 10 years in advance? The answer is contrary to what people understand. There is a lot of noise in the system. Whether gold closes $10 higher or $20 lower tomorrow does NOT change the long-term trend. I was a hedger. I needed to create a model for the major movies – not for day trading.
This year 2025 was a MAJOR target for a turning point. The next one in 2027. That is where the computer still picks up significantly rising volatility from there into 2032. I still see that the idea of peace in Europe will be negative for prices. But I do not see a 19-year decline as the computer projected in 1980, which was why I began to retire.
The need for control is a reaction to fear. Suddenly, there’s a whole lot of corporate media voices rebranding themselves. Is the worm turning, or is this just opportunistic positioning? The nature of the irrelevance behind it all has me quite amused. Example #1 CBS:
Paramount/CBS, along with TikTok, were recently acquired by Larry and David Ellison. [NOTE: I refuse to separate the father and son into individual corporate elements, because that perspective requires a certain level of pretending that I’m incapable of.] David Ellison recently installed Bari Weiss as CBS News Editor in Chief. Larry and David are currently working to acquire Warner/CNN.
As the ‘great noticing’ of things continues to manifest, suddenly a lot of voices are trying to distance themselves from their corporate interests and rebranding as independent voices.
The next example is Catherine Herridge, who has a long and very visible career working for corporate media outlets, shaping stories for the corporate interest and doing yeoman’s work selling a controlled and approved narrative.
Now working within the structure of The Los Angeles Times platform, Catherine Herridge wants to share terrible stories about her experiences within the corporate media world.
Apparently, Catherine Herridge could not tell anyone about these terrible, horrible, manipulative and restrictive media rules and confines before…. because, well, she doesn’t actually explain that part; just that it was bad, very bad, but now this is better, much better….. and so before, well, it might not have been the truth, or it was shaped, modified and controlled, but now, well, the information will be true and stuff…. swear.
Gotcha. The rebranding effort is not targeted to Gen-X, Gen-Z, or even the Millennials born from helicopter parents; those folks have already figured out the Big Club game is rigged, and they cynically don’t even pay attention to this inauthentic corporate shapeshifting.
Nope, this specific version of rebranding is targeting an older audience, albeit a shrinking viewership of pretenders, who cling to idealism based on redemption.
Will CBS become authentic, absent of motive or intent? That’s silly; of course they won’t. The Ellisons bought Paramount/CBS and TikTok for a reason, no? They’re now after Warner/CNN for a reason, no? Nothing to see here, move along, move along.
Is Catherine Herridge suddenly the voice of truthful information, regardless of personal cost or consequence? Again, silly beyond comprehension; especially if you have ever watched her carefully avoid anything litigious.
All of that said, watching the rebranding stuff is a little funny.
Remember, the information isn’t theirs – it’s ours.
Remember also, that with President Trump delivering the most transparent administration in history, you don’t have to wonder what he said or ask them what he said – you can just watch him say it in his own words. Cool.
Like an information dam with too many lie-holes for repair, information control systems are collapsing, and the information control operators, domestic and foreign narrative engineers, are busy building longer snorkels to reach above the fraud. Meanwhile, the proactive information audience has gone from buying high tech scuba gear to just moving out of the fake news flood plain.
“Wait, trust us”, they shout.
Ha, get stuffed, we’ll watch it all collapse from up here.
National MAGAlignment has moved beyond them.
2026 is off to a great start.
Cheers !
The Wall Street Journal is reporting that Ukraine did not target the personal residence of Russian Federation President Vladimir Putin, “according to U.S. officials.” However, Russia captured one of the drones intact and have said they were able to “extract a file containing a flight plan from the navigation unit” which they plan to share with the Trump administration through established channels. {LINK}
WSJ – WASHINGTON—U.S. national-security officials said Wednesday that Ukraine didn’t target Russian President Vladimir Putin or one of his residences in an alleged drone operation, challenging Moscow’s assertion that Kyiv sought to kill the Russian leader.
That conclusion is supported by a Central Intelligence Agency assessment that found no attempted attack against Putin had occurred, according to a U.S. official briefed on the intelligence. The CIA declined to comment.
The U.S. found that Ukraine had been seeking to strike a military target located in the same region as Putin’s country residence but not close by, the official said. (read more)
Who are we going to believe, Russian “special service” operations or anonymous “U.S. Intelligence Officials”?
Unfortunately, this question is no longer easy to answer given the history of the U.S. Intelligence Community, and yes, that includes the current embedded IC officials within the National Security Council, DNI and CIA even with Marco Rubio, Tulsi Gabbard and John Ratcliffe in position.
I would be very surprised if the U.S. Intelligence Community would be honest with President Trump on this issue if, and that is a big “if”, they even factually had any specific intelligence about it. [This WSJ narrative could be fake news]
Again, CTH will also assert the likelihood that Volodymyr Zelenskyy likely didn’t carry out the attack; everything about the timing of it during his meeting with President Trump just doesn’t fit. Instead, it is more likely British intelligence, specifically MI6 carried out the attack, timed specifically for the Trump/Zelenskyy meeting.
In context, there have been several attacks against Russia timed with negotiations. CTH has noted that each instance of closer agreement during Russia/Ukraine negotiations (Turkey) or U.S/Ukraine negotiations (Turkey and Paris) there have been attacks into Russia that seemed to carry a motive from an external third party.
U.S. media have said the attack on Putin may be a lie; however, with physical evidence from the defense operation, it is less likely Russia just made up the attack. At this moment in the conflict, Putin doesn’t need domestic propaganda.
CONTEXT: British intelligence previously confirmed their participation in the successful Ukraine drone attack against long-range Russian bombers. That operation, highly controversial at the time, was previously confirmed by President Trump saying the U.S. was not informed in advance.
The “coalition of the willing” has also expanded. Outside the Ukraine regime, the current group making up the “coalition of the willing” includes: the U.K, France, Germany, Canada and Australia. It is worth noting the additions are part of the British commonwealth (Canada, Australia).
Most observers note that Ukraine President Zelenskyy is not an independent actor in the warfare decisions as carried out from within Ukraine itself. In fact, British intelligence has now replaced U.S. intelligence for providing the majority of the satellite guidance systems, targeted systems and missile operations. German and French intelligence have been closely coordinating with the U.K. on behalf of European Union stakeholders.
Europe, specifically the British MI6 intelligence service, have recently espoused their #1 priority is to defeat Russia using the proxy that Ukraine provides.
The newly appointed head of MI6, Blaise Metreweli (pictured right), formerly known by her position as “Q”, is literally the granddaughter of factual Ukraine Nazi, Constantine Dobrowolski.
As head of MI6, Metreweli has specifically stated the U.K wants war with Russia. Metreweli’s entire family has Ukraine roots.
So, with full context applied it is entirely likely that both Vladimir Putin and Volodymyr Zelenskyy are not lying. Putin was attacked, but Ukraine -as defined as Zelenskyy- didn’t do it.
The most likely scenario is that U.K intelligence elements inside Ukraine again used the opportunity of the Trump-Zelenskyy negotiation meeting to carry out the attack against Russian President Putin. The motive is obvious.
Beyond the ideological component, the economies of the U.K/EU are now increasingly dependent on their defense spending as was recognized with the severe contraction of the German economy in almost all sectors except those supported by defense spending.
An end to the Russia/Ukraine conflict is against the interests of the “coalition of the willing.” Additionally, an ancillary motive for both the U.K and U.S. group who support the EU effort is to keep President Trump bogged down.
I still strongly suspect the British did it, and the CIA doesn’t factually have any concrete intelligence to prove or dismiss this strongest motivational likelihood.
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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