Joe Biden’s $600 IRS Reporting Requirement Was Already Put Into Law Inside Obamacare, Then Repealed in 2011 – The Current Proposal Is Just Another Way to Return to The 2010 Objective


Posted originally on the conservative tree house on October 14, 2021 | Sundance | 94 Comments

For those who have been following politics for a while, you might have remembered something about $600 and IRS reporting from a decade ago when Obamacare was passed.

Within the 2010 Obamacare mess, “It was added that payments for goods more than $600 in a 12 month period needed to be reported as well as services. Obamacare further provided that, beginning in 2012, payments to non-tax-exempt corporations—which had previously been exempt from the reporting requirement—would be subject to information reporting.” (link)

The 2010 tax law was actually enacted, briefly, and was scheduled to take effect in the 2012 tax year.

I well remember at the time everyone was like WTF, I’ve got to fill out a 1099 any time I give $600 to a service provider or business?

Yes, the embedded law inside the Obamacare law meant that anyone who paid any person or business $600 or more for a good or service was supposed to fill out a 1099 tax filing reporting the transaction to the IRS.

The political premise of the law was so obvious, stupid and cumbersome in 2011, after Obama’s 2010 mid term election “shellacking“, one of the first acts of a new republican congress was to repeal that ridiculous segment of the law.  As it was noted at the time:

[…] “Essentially, with President Obama, signing into law H.R. 4 [2011], the reporting rules now revert back to what they were before the 2010 legislation (Obamacare and Small Business Jobs Act) was passed.  We are now back to where we were before the government started monkeying around with things in the first place.” (read more)

So, for those of you paying attention; and for those of you who realize Joe Biden is just a false front for Obama’s third term; indeed the current 2021 effort by the Treasury Department to require banking notifications to the IRS for $600 transactions looks exactly like what Obama’s team previously tried in 2010.

♦ The difference this time is they are switching the reporting requirement from the individual taxpayer to the financial institution.  THE GOAL IS THE SAME.

Here is where you need to remember that Barack Obama and his Alinsky crew used the IRS as a weapon against their political opposition. {GO Deep}  The IRS even settled a class action lawsuit in 2018 giving the Tea Party groups $3.5 million in a settlement, and the IRS admitted they were targeting Obama’s political opposition.

The Joe Biden proposal to create an entirely new reporting regime for financial accounts that exceed $600 should be alarming to taxpayers. If this proposal is implemented, it is inevitable that we will see new cases of the IRS targeting and harassing taxpayers.

It is not a coincidence the $600 threshold is the same in the Joe Biden 2021 Treasury Department effort as it was in the Barack Obama 2010 effort.  The Alinsky crew know they can then control “who” to apply this target regulation toward.

Just like the DOJ-NSD only targeted Foreign Agent Registration Act (FARA) violations toward the political opposition of Democrats; and predictably just like any OSHA vaccine penalty will only be targeted toward political opposition of Democrats; and just like the IRS was previously weaponized through the DOJ to target political opposition of Democrats; so too will these $600 treasury notifications provide the basis for another round of political targeting.

We have a clear history to fall back on here.   This is what Saul Alinsky taught them to do….

[…] The IRS Criminal Investigation Division (IRS-CI) regularly violated taxpayers’ rights and skirted or ignored due process requirements when investigating taxpayers for allegedly violating the $10,000 currency transaction reporting requirements, according to a 2017 report by the Treasury Inspector General for Tax Administration (TIGTA). In addition, less than one in ten investigations uncovered violations of tax law.

These findings should be alarming to taxpayers given that President Biden has proposed creating a new comprehensive financial account information reporting regime which would force the disclosure of any business or personal account that exceeds $600. Not only would this include the bank, loan, and investment accounts of virtually every individual and business, but it would also include third-party providers like Venmo, CashApp, and PayPal. (read more)

White House Chief of Staff Is Not Worried About ‘The Help’ Dealing With Inflation


Posted originally on the conservative tree house on October 14, 2021 | Sundance | 213 Comments

If you are wonder whether the White House is concerned about the middle-class being impacted by massive increases in gasoline, high home heating costs, extreme food inflation and empty shelves…   Well, the message from White House chief of staff Ron Klain is very telling:

Apparently feeding your family and making ends meet is a “high class problem.”

The elitism and disconnect from the average American always shows up when you look at DC democrats writ large.   They always talk down to those they view as ‘the help’.

Schumer Confirms the Deep State Runs the Country


Armstrong Economics Blog/Politics Re-Posted Oct 14, 2021 by Martin Armstrong

Here is that interview people have asked about where Chuck Schumer confirms that no politicians will EVER investigate the intelligence branch — NSA, CIA, FBI, or DOJ. They hold unbridled power to do as they like when they like.

The probability that the CIA took out John F. Kennedy has long been suspected, and the CIA has refused to release documents that Congress had sealed for 50 years. They claim it is a national security issue, and if it were Russia, they would be flouting that documentation all over the press. The ONLY reason to refuse to release documents is that they will lead to the intelligence community who wanted to start the war with Vietnam, which Kennedy opposed.

There is the declassified proposal that Kennedy also rejected. The CIA wanted to kill Americans and then blame it on Castro to justify invading Cuba. And people wonder about 9/11? The Russian hack that they boast was discovered by the intelligence community never took place. Russians never hacked the Democratic Party servers.

Welcome to the land of the free, where our claimed elected officials are afraid to investigate the intelligence community. Schumer calls Trump stupid, for he should have known how powerful they really were. They wanted Biden so they could do as they liked whenever. Calling Trump stupid for criticizing the intelligence community confirms that neither he nor anyone else in Washington would dare to shake up or stir the intelligence community.

The 5th Horseman


Armstrong Economics Blog/Censorship Re-Posted Sep 13, 2021 by Martin Armstrong

Biden’s Saigon


Posted originally on GrrrGraphics.com on AUG 16, 2021 AT 10:34 AM

Biden’s Saigon

Woke Generals prove woke is a joke

The Taliban was retaking Kabul when the White House released a photo of a feeble Joe Biden at a very large conference table. There were no advisors or generals there, only a confused failure of a man who watched helplessly as our embassy took down the revered LGBQT+ flag. They took down Old Glory, too.

The photo has become controversial as the angry millennials running the White House outed intelligence officials locations and identities when they tweeted out the image. People also noticed the clocks were off by 3 hours between London and Moscow. Was this a photoshopped old photo from March when daylight savings time was in effect?

We’ve just seen the worst military flop and embarrassment since the fall of Saigon and sleepy Joe blamed it all on Trump. That’s a cop out of course. Joe is not going to take any responsibility because the man lacks character. Still, perhaps Joe was too busy making sure our military was becoming more ‘woke’ and that plenty of gay and trans soldiers were at their peak readiness. Joe said there was no way we’d see a Saigon-like repeat of helicopters evacuating our personnel from Kabul, but that’s exactly what we saw.

As the Taliban was collecting millions of dollars worth of helicopters, vehicles, weapons, and US pride left behind, Biden was off ‘vacationing’ in Camp David. Barely six months into his regime’s rule and he has to have a vacation. Nothing from his second in command, either. They probably know that no one wants to hear from the cackling hyena Kamala Harris, who would probably laugh the whole thing off.

We all knew the US would eventually have to end a very unpopular war that should never have been started in the first place. The blame can be laid at the feet of the Bush crime family for starting it. The premise for the US ‘police action’ was 9-11. And yet we all know Building 7 was a demolition job performed by insiders with the approval of the shadow government. Cheney and Rumsfeld no doubt oversaw the operation. They staged 9-11 to bring about war and tyranny and allow the military industrial complex to gorge itself. Trillions of dollars and thousands of lives lost later, nothing was accomplished. The Taliban religious fanatics are back in control and stronger than ever.

We can’t lay all the blame on Bush and Biden. The Afghan people did not want our freedom. The same freedom Bush said they hated us for. Oh sure, there are exceptions, but if the Afghans really wanted to be free they would have fought for their freedom. They didn’t. Now the women will wear burkas and be refused higher educations. Gay Afghans will be murdered. Sharia Law will be brutally enforced.

It’s a shame, but it was never, ever any of our business. Maybe now, after two defeats, America will have finally learned its lesson about forcing freedom onto people who despise it.

— Ben Garrison

Congressman Doug Lamborn Recently Questioned Defense Secretary Austin and Joint Chief Chair Milley About Afghanistan, What They Said Should Get Them Fired Today – VIDEO


Posted originally on the conservative tree house on August 17, 2021 | Sundance | 88 Comments

Many people have wondered how the Biden administration could get the collapse of Afghanistan so horribly wrong and botched completely the withdrawal of U.S. forces. To that point there is a little known Question and Answer session by Colorado Congressman Doug Lamborn (CO, CD05) that deserves some attention.

Approximately 7 weeks ago, June 23rd, Defense Secretary Lloyd Austin and Joint Chiefs Chairman Gen. Mark Milley testified in front of the House Armed Services Committee about their budget requests. Rep Doug Lamborn took this opportunity, he only had 4 minutes, to ask some very specific questions about Afghanistan and his concerns for early reports of the Taliban surging back into control.

Lamborn asked about the hazard of closing Bagrham AFB given the tenuous nature of reliance on one airport in Kabul. Lamborn also asked about the evacuation of U.S-Afghan allies and the risk to women and girls if the Taliban were successful. What Def Sec Austin and General Milley said in response totally explains why the White House was blind-sided by the Taliban in the past week. [WATCH Video at 01:06:56, Prompted]

Given the nature of what has happened in Afghanistan, those totally wrong estimations of the situation in the region should be enough to see both Secretary Austin and General Milley fired.  At the very least reliance on this inept and totally wrong outlook explains why the Biden administration had no idea what was about to happen.

Congressman Doug Lamborn’s questioning was directly on point and in hindsight, stunningly prescient.   Great job by Lamborn!

Hopefully Austin was wrong when he said that any defense of women and girls in Afghanistan will be contingent upon the U.S. embassy in Kabul.  The U.S. embassy in Kabul is no longer there, the Taliban have it.

Sir Andrew Pollard, UK Senior Vaccinologist, Outlines Futility of Trying to Stop COVID Variants or Chase Herd Immunity With Vaccine


Posted originally on the Conservative tree house on August 13, 2021 | Sundance | 385 Comments

Many people do not have the time or inclination to watch the 2 hour presentation by Dr. Robert Malone, the leading scientific research for global pandemics and originator of the technology behind mRNA vaccines {full video here}; so,  I will attempt to encapsulate.

As noted by Dr. Malone, the commonsense therapeutic approach should be the primary focus, not vaccination, for ongoing healthcare systems as the COVID-19 variants will continue to evolve.  Ultimately,  the natural immunity process will be of greater overall benefit than vaccinations which will require continual boosters to deal with the ever-evolving variants (a similar approach to dealing with reoccurring and evolving flu strains).   Dr. Malone provided support for his position with concurrence from the leading U.K. Vaccinologist in Great Britain, Sir Andrew Pollard (SHORT VIDEO):

In essence, both Dr. Andrew Pollard (Director of the U.K. Oxford Vaccine Group) and Dr. Malone state that variants of the COVID-19 virus will continue to spread throughout the population regardless of vaccine status; and the virus will continue to evolve into more infectious but less deadly or pathogenic strains.

There simply is no way to vaccinate the population and stop the spread of COVID variants, because the vaccinated will contract and spread the virus just like the non-vaccinated.  The vaccine approach should be targeted to the elderly and those most at risk.

[NOTE: – One aspect of the scientific concurrence between Dr. Malone and Dr. Pollard is to contemplate just how futile it is for the Australian government to continue their current lock-down approach.  Every time a single person contracts covid they lock-down the entire community, but there is no way to ever stop the virus completely.  The Australian government is trying to collect water in a sieve.]

Specific to the position of Dr. Malone – given the untested nature of the vaccine itself; no one knows the long-term side-effects; the benefit of the vaccine should be weighed against the individual’s current health status.  Elderly populations with lower immune responses should be the target for vaccination; they are the most at risk.  However, younger -less at risk- individuals will likely benefit more from therapeutic treatment after exposure *if* they experience any symptoms at all.

The problem is…. This commonsense approach is less favorable to the interests of the pharmaceutical industry and the healthcare systems that are controlled by the financial mechanisms inside the business of healthcare.  Big Pharma would obviously make less money from a smaller target population for vaccination; ergo the therapeutic approach is a threat to the preferred approach of those who operate the business model.  This is the overarching political battle.

The influence of the massive pharmaceutical corporations, inside the institutions of government controlled healthcare on a global basis, is massive.  This outlook is the origin of the vaccinate push and vaccine narrative as the *only* and *best* solution.   Anyone who raises a point, any point, in opposition to the mandated mass vaccine approach then becomes a target to be isolated, marginalized, ridiculed and removed.

Dr. Malone gave examples of how he is currently one of the targets and the level of institutional pressure upon everyone inside the healthcare system is massive.  Malone demonstrated how there is only one allowed and approved narrative that must be maintained; the hive mindset and eco-chamber that promotes the vaccines as the only acceptable course of treatment and mitigation.  He calls this the “Noble Lie.”

Dr. Malone contracted COVID personally in 2020, and battled through the virus with a long-term outcome of some lung damage, what he calls “long-COVID.”  Dr. Malone had a resting oxygen capacity of 95%, post COVID recovery, substantially less than before he experienced the virus.  Dr. Malone took the Moderna two-dose vaccine as an outcome of his current employment status, and in the hope it would assist with the side-effects of long-covid.

Malone and his wife need to travel as a condition of their professional obligations, and without a vaccine identification, he cannot visit countries to fulfill his contractual responsibilities and continue work.   However, Dr. Malone did experience side-effects from the Moderna-x2 vaccine and successfully took a 5-day course of Ivermectin to counteract the vaccine side-effects.  He reports this treatment course was successful.

In summary, both Dr. Robert Malone (USA) and Dr. Andrew Pollard (U.K.) feel that vaccinations should be prioritized to the elderly population, and various national health systems need to SHIFT and start focusing on therapeutic treatments for ongoing variants as the vaccine will only provide a limited amount of mortality mitigation.

Texas Representative Dan Crenshaw Claims No 2020 Election Manipulation


Posted originally on the conservative tree house on August 12, 2021 | Sundance | 417 Comments

CTH has taken some heat for warning about Dan Crenshaw for over a year.  Dan Crenshaw is the Adam Kinzinger of John McCain’s.  Crenshaw is the stereotypical neocon war-mongering, Wall Street DeceptiCon just like Adam Kinzinger and Liz Cheney.

TEXAS – “Conservative Republican Bobby Piton attended the Illinois GOP Fundraising dinner in Rosemont, Illinois (Cook County-The HOME of ELECTION FRAUD). During the Q & A session with RINO Crenshaw, Col. Larry Kaifesh asked Crenshaw if he believed in election integrity, and if he thought the election was rigged. Crenshaw stunned the crowd (doubling down on the same democrat appeasing RINO Rep. Liz Cheney and RINO Rep Adam Kinzinger talking points) denying the election fraud.” WATCH:

When you know how these sanctimonious guys maneuver in DC, specifically how they align with internal GOPe coalitions, it becomes easy to spot them.  The revelations may take time to surface, but they always do… eventually.   It can be frustrating, but it’s a never ending game of whac-a-mole with the DeceptiCons.

Day Two, Mike Lindell Cyber Symposium on 2020 Election Fraud – Livestream Links


Posted originally on the conservative tree house August 11, 2021 | Sundance | 762 Comments

Day one was pretty incredible.  The presentation by Dr. Douglas Frank [see here] was exceptional, and should explain to everyone how the 2020 election was manipulated. The coordinated scale of the corrupt activity was massive and yet pretty simple to pull-off when you see how they did it.  The investigative group is continuing to answer questions and provide further evidence today, day two.

RSBN Rumble Link – Pete Santilli Rumble Link – FrankSpeech.com Link

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Inflation Continues to Crush Middle Class, July Inflation 5.4 Percent, Milk 8 Percent, Energy 23 Percent, Gasoline 43 Percent


Posted originally on the conservative tree house August 11, 2021 | Sundance | 76 Comments

The Bureau of Labor and Statistics (BLS) releases the inflation numbers for July [LINK HERE] showing massive U.S. inflation continues to crush the working class.  Massive increases in domestic food staples (+10%), energy (+23%) and regular unleaded gasoline (+43%) are hitting the middle-class exceptionally hard [See Table 2].

No middle-class Americans are having their wages increase even close to the scale of price increases for basic purchases.  This outcome results in massive drops in “real wages” (wages minus inflation), and eliminates disposable income entirely.  These outcomes are not due to COVID-19 or any recovery therein.  These outcomes are a direct result of Joe Biden economic and monetary policy. {Go Deep – and – Go Deep}

The White House responds to inflation by saying the Biden administration is attempting to directly subsidize the middle-class inflation they are creating by giving Americans money to pay for higher prices through COVID bailouts.  Yes, the administration admits they are exploding the dependency state, WATCH:

The White House solution is to create dependency on the government for income.  This is exactly intended as government subsidies are used to keep the pitchforks at bay and simultaneously keep people dependent on government to sustain themselves [expand the political base].

Also, please understand when they say “inflation is transitional” or “inflation will spike and then come down to normal levels” what they are saying is that prices will massively increase right now, and then normal or slow price increases will return next year.  This does not mean prices will come down, ever; a key distinction.

Inflation is the comparative measure of price increases now compared to a prior time (last year), usually expressed as a percentage.  Ex. A lemon cost $0.49 cents last year (2020), and jumps to $0.89 cents this year (2021).  The lemon may only jump to $0.99 in 2022 (.10 more) and that is significantly lower inflation, but the price spike is perpetually built in.  The same is true for gasoline, electricity, energy, etc.

A reminder of two primary precursor articles [Primary One and Primary Two] which outline the economic dynamic in play, and how we can look forward with accuracy to what is likely to happen. Despite the deflective talking points by the professional financial pundits, this massive spike in inflation is entirely predictable due to Biden economic policy and Biden monetary policy.

Keep in mind, the FED already said in April they would “support inflation”, that’s because – while they will not say it openly, they know there’s no way to stop it. The massive inflation is a direct result of the multinational agenda of the Biden administration; it’s a feature not a flaw, and it has nothing whatsoever to do with COVID. Also keep in mind the first group to admit what is to come are banks, specifically Bank of America, because the monetary policy is the cause.

There’s no way around this. Despite the pundit and financial class selling a counter-narrative, home prices will crash and unemployment will go up. I know this is directly against the current talking points, but the statistical reality is clear. CTH was the first place that said months ago that new home sales will plummet, that is starting to happen right now. There’s no way for it not to happen, the big picture tells us why.

You might remember, when President Trump initiated tariffs against China (steel, aluminum and more), Southeast Asia (product specific), Europe (steel, aluminum and direct products), Canada (steel, aluminum, lumber and dairy specifics), the financial pundits screamed at the top of their lungs that consumer prices were going to skyrocket. They didn’t. CTH knew they wouldn’t because essentially those trading partners responded in the exact same way the U.S. did decades ago when the import/export dynamic was reversed.

Trump’s massive, and in some instances targeted, import tariffs against China, SE Asia, Canada and the EU not only did not increase prices, the prices of the goods in the U.S. actually dropped. Trump’s policies led the largest deflation in consumer prices in decades. At the same time, Trump’s domestic economic policies drove employment and wages higher than any time in the past forty years. With Trump’s policies we were in an era where job growth was strong, wages were rising and consumer prices were falling. The net result was more disposable income for the middle class, more demand for stuff, and ultimately that’s why the U.S. economy was so strong.

Going Deep – To retain their position, China and the EU responded to U.S. tariffs by devaluing their currency as an offset to higher prices. It started with China, because their economy is so dependent on exports to the U.S.

China first started subsidizing the targeted sectors hit by tariffs. However, as the Chinese economy was under pressure, they stopped purchasing industrial products from the EU, that slowed the EU economy and made the impact of U.S. tariffs, later targeted in the EU direction, more impactful.

When China (total communist control over their banking system) devalued their currency to avoid Tariff price increase, it had an unusual effect. The cost of all Chinese imports dropped, not just on the tariff goods. Imported stuff from China dropped in price at the same time the U.S. dollar was strong. This meant it took less dollars to import the same amount of Chinese goods; and those goods were at a lower price. As a result, we were importing deflation…. the exact opposite of what the financial pundits claimed would happen.

In response to a lessening of overall economic activity, the EU then followed the same approach as China. The EU was already facing pressure from the exit of the U.K. from the EU system; so when the EU central banks started pumping money into their economy and offsetting with subsidies, they essentially devalued the euro. The outcome for U.S. importers was the same as the outcome for U.S-China importers. We began importing deflation from the EU side.

In the middle of this there was a downside for U.S. exporters. With China and the EU devaluing their currency the value of the dollar increased. This made purchases from the U.S. more expensive. U.S. companies who relied on exports (lots of agricultural industries and raw materials) took a hit from higher export prices. However, and this part is really interesting, it only made those companies more dependent on domestic sales for income. With less being exported, there was more product available in the U.S for domestic purchase…. this dynamic led to another predictable outcome, even lower prices for U.S. consumers.

From 2017 through early 2020 U.S. consumer prices were dropping. We were in a rare place where deflation was happening. Combine lower prices with higher wages, and you can easily see the strength within the U.S. economy. For the rest of the world this seemed unfair, and indeed they cried foul – especially Canada.

However, this was America First in action. Middle-class Americans were benefiting from a Trump reversal of 40 years of economic policies like those that created the rust belt.

Industries were investing in the U.S., and that provided leverage for Trump’s trade policies to have stronger influence. If you wanted access to this expanding market, those foreign companies needed to put their investment money into the U.S. and create even more U.S. jobs. This was an expanding economic spiral where Trump was creating more and more economic pies. Every sector of the U.S. economy was benefiting more, but the blue-collar working class was gaining the most benefit of all.

♦ REVERSE THIS… and you now understand where we are with inflation. The Joebama economic policies are exactly the reverse. The monetary policy that pumps money into into the U.S. economy via COVID bailouts and ever-increasing federal spending drops the value of the dollar and makes the dependency state worse.

With the FED pumping money into the U.S. system, the dollar value plummets. At the same time, JoeBama dropped tariff enforcement to please the Wall Street multinational corporations and banks that funded his campaign. Now the value of the Chinese and EU currency increases. This means it costs more to import products, and that is the primary driver of price increases in consumer goods.

Simultaneously, a lower dollar means cheaper exports for the multinationals (Big AG and raw materials). China, SE Asia and even the EU purchase U.S. raw materials at a lower price. That means less raw material in the U.S. which drives up prices for U.S. consumers. It is a perfect storm. Higher costs for imported goods and higher costs for domestic goods (food). Combine this dynamic with massive increases in energy costs from ideological policy, and that’s fuel on a fire of inflation.

Annualized inflation is now estimated to be around 8 percent, and it will likely keep increasing. This is terrible for wage earners in the U.S. who are now seeing no wage growth and higher prices. Real wages are decreasing by the fastest rate in decades. We are now in a downward spiral where your paycheck buys less. As a result, consumer middle-class spending contracts. Eventually, this means housing prices drop because people cannot afford higher mortgage payments.

Gasoline costs more (+50%), food costs more (+10% at a minimum) and as a result, real wages drop; disposable income is lost. Ultimately this is the cause of Stagflation. A stagnant economy and inflation. None of this is caused by COVID-19. All of this is caused by economic policy and monetary policy sold under the guise of COVID-19.

This inflationary period will not stall out until the U.S. economy can recover from the massive amount of federal spending. If the spending continues, the dollar continues to be weak, as a result the inflationary period continues. It is a spiral that can only be stopped if the policies are reversed…. and the only way to stop these insane policies is to get rid of the Wall Street democrats and republicans who are constructing them.

Hope that makes sense, and love to all.

~ Sundance

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Be patient, be respectful, be kind and caring toward all. Don’t look for trouble. However, when the time comes to get in the fight, drop the rules and fight for your family with insane ferocity. Fight like you are the third monkey on the ramp to Noah’s Ark…. and damned if it ain’t starting to rain.

♦The Modern Third Dimension in American Economics – HERE
♦How Multinationals have Exported U.S. Wealth – HERE
♦The “Fed” Can’t Figure out the New Economics – HERE
The FED Begins to Question the Economic Assumptions – HERE
♦Treasury Secretary Mnuchin begins creating a Parallel Banking System – HERE
♦Proof “America-First” has disconnected Main Street from Wall Street – HERE