Biden Blames Trump for his $1.8 Trillion Deficit – What Propaganda

October 22, 2024

White_House_defends_economic_record_after_Biden_blows_1.8_trillion_hole_in_budg

I am sick and tired of all the constant lies. The Biden Administration blames Trump for its $1.8 trillion deficit. The interest expenditures will be about $1 trillion alone. Now, if you just accept that at face value, you are part of the problem when the United States will crash and burn. This makes it sound like tax revenues have declined. In 2020, the last year of Trump’s presidency, the total tax revenues collected were $3.42 trillion. In 2023, the revenues taken in from taxes was $4.4 trillion. And the U.S. government now estimates its total revenue will be $5.49 trillion for fiscal year 2025.

Forbes Top 10 Richest

If we confiscate 100% of the top 10 wealthiest people, according to Forbes, we would get $1.5 trillion, but that still will not eliminate the deficit. It would destroy all of those companies, create huge unemployment, and wipe out our countless pension funds, But hey. They are the problem, and they are never the politicians who are off to rob others and hand it to you for your vote.

US Budge to Ukraine

2024_10_21_20_51_39_How_much_money_has_the_US_given_Ukraine_

Since the war with Russia began in February 2022 during Biden’s Administration, he has pushed for a total of $175 billion. Interestingly, $106 billion directly aids the government of Ukraine, while the balance funds “various” U.S. activities associated with the war in Ukraine, namely overthrowing the Russian government and surrounding countries. This is never documented or fully explained.  Thus, Ukraine accounts for about 10% of Biden’s deficit.

TAX CYC

But hey! This is all Trump’s fault for not raising taxes back to 94% as they were for World War II, 91% for Korea, and 70% for Vietnam. If we look at the accumulative interest expenditures and war, about 70% of the national debt has been for playing policeman of the world. This has NEVER benefited the people.

 

Tax Defining Rich

They always say to tax the rich. As I said, if you take ALL the assets of the top 10 billionaires, you would NOT eliminate this $1.8 trillion deficit. But that is just the tip of the iceberg. They changed the definition of who the rich are. Before World War II, the definition of the rich was $5 million, while a Cadillac was $600.  The began to raise it to $250,000 a year, but then it was clarified as “household” income. So, if you and your wife combined were at $250,000, you were that horrible, evil, greedy rich person they need to shake upside down to get every penny in your pocket.

US Top Tax 1980 2016

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Once upon a time, it was theorized that if the government borrowed, it would be less inflationary than printing. But those days are gone. That is when it was illegal to borrow against government debt. Today, debt is just money that pays interest the same as it was during the American Civil War.

186320 5 Interest

US Total Int as Debt

If we add each year the total interest expenditures, you will see that generally, about 70% of the national debt is based on just interest, as we will reach $1 trillion this year. Guess what? China holds about 10% of the US national debt, so interest is going to China, but it does not stimulate the US domestic economy. We should stop borrowing, for it would be cheaper and less inflationary if we just printed to cover the deficit rather than borrow. Then, capital will lend to the private sector, and we will see a huge economic boom. Things have changed in economics – it is about time we recognize Keynesian Economics has failed.

Frequent Flyer Tax

October 22, 2024

airplane flying

The core reason that the establishment is suddenly interested in climate change comes down to one main factor – money. More specifically, the establishment is hunting down YOUR money through taxation. A second motivator is limiting our freedom of movement by demonizing fossil fuels and limiting our ability to travel. The European Union is now seeking to punish those who fly more than once per year with a frequent flyer tax.

The EU has already implemented an aviation tax, but the new proposal is designed to punish the pesky “rich,” but per usual, everyone will suffer. “A frequent flying levy would be a fair aviation measure, reducing excessive flights for wealthy passengers, while raising revenues – including to expand and provide affordable railways and public transport,” the Stay Grounded network told Euro News.

The new levy would target everyone flying from the European Economic Area (EEA) and the UK. The standard aviation tax would apply for the first two flights taken per year, but an additional 50 euro surcharge would be applied to medium-haul flights while long-haul, first-class, and business flights would cost an additional 100 euros. Then they are adding an additional 100 euro fee after the fifth flight on top of the initial surcharge. People will be expected to pay an additional 200 euros for their seventh flight and 400 euros for the ninth.

Lawmakers believe this tax would increase current EU aviation taxes six times over and cover 30% of the overall budget, the budget that those same lawmakers can never adhere to. Some organizations believe authorities can collect up to 64 BILLION euros per year.

But that is never enough for those in government. There are also rumors that aviation will no longer be exempt from VAT and fuel taxes, which would automatically raise the cost of flying for everyone.

If government restricts the freedom of movement with respect to people, trade, ideas, communication, and good and services, the world economy cannot possibly survive and this places us at risk of a frightening Dark Age all because governments fear losing power and are desperate to hunt money for confiscation.

What Happened to Internet for All?

October 22, 2024

Internet

Joe Biden and Kamala Harris campaigned on a promise to connect Americans to high-speed internet. The Infrastructure Investment and Jobs Act set aside $42.5 billion to the Broadband Equity, Access, and Deployment (BEAD) program. “What we’re doing is, as I said, not unlike what Franklin Delano Roosevelt did when he brought electricity to nearly every American home and farm in our nation. Today Kamala and I are making an equally historic investment to connect everyone in America to high speed internet, and affordable high speed internet, by 2030,” Biden stated. To date, no one has been connected to the internet under this program.

Roosevelt Baking Cartoon

Biden is correct that he has acted like Roosevelt insofar as creating countless social programs and encouraging Americans to become dependent on the welfare state.  The $42.5 billion actually rises to $90 billion when we factor in the Affordable Connectivity Program. Kamala Harris was tasked with overseeing the Internet for All initiative, but she has done absolutely nothing to help the program progress. “While Republicans in Congress have refused to help us revive this program, our Administration is refusing to let them stop us from delivering for families across America,” Harris stated this past June.

Harris believes she could solve the problem if endless funds were made available. She did nothing with the initial investment and continues to ask for more funding despite having nothing to show for the BILLIONS invested in these Build Back Better programs. We recently saw the same fiasco with FEMA misplacing billions, claiming its budget toppled, and then blaming the Republicans for not blindly handing them more funding.

Harris consistently factors in race to her social programs and has supported the Digital Equity Plan than will prioritize internet access to minorities first. Divide and conquer.

These establishment politicians believe that we will be fulfilling Agenda 2030 by the time every American household is expected to have internet access. Perhaps that access will come with government backdoor access and state-of-the-art censorship, allowing the powers that be to disconnect us from the worldwide web with the click of a button.

Al-Qaeda Asks Hamas to Release Israeli Hostages?

October 22, 2024

Al QaedaISRAELIhostages

Al-Qaeda, the same terrorist organization that was blamed for 9/11, has called on Hamas militants to release Israeli hostages. Mustafa Hamid, also known as Abu Walid al-Masri, who is father-in-law to Saif al-Adel, the man believed to now head Al-Qaeda, allegedly issued a statement calling for the immediate release of hostages, SITE claims.

SITE Intelligence Group is a for-profit American-based consultancy group that tracks white supremacist and jihadist organizations. This is the same agency that allegedly received a 30-minute video of Osama bin Laden in September 2007 and was tasked with releasing it to the press. Some called that video fake as bin Laden’s face was frozen on screen for all but 3.5 minutes, but US intelligence agencies told the public it was authentic.

A year later, SITE released footage of what it believed was a jihadist attack. That footage was produced by the video game Fallout 3. The for-profit agency was forced to release a statement after the Telegraph called them out on their bluff.

“SITE reported to its subscribers that extremists posted the image to a password-protected forum affiliated with al-Qaeda. This is entirely accurate. Moreover, this information was part of a report describing the general atmosphere in this forum with regard to extremists’ discussions on weapons of mass destruction, making its context all the more important. This report in its entirety is also completely accurate.”

Hamas Soldiers

SITE is led by an Iraq-born Israeli analyst named Rita Katz. Her father was publicly hung in the central square of Baghdad a year after the Six-Day War as Saddam Hussein’s government believed he was an Israeli spy. The family then fled to Iran, and many years later, Rita Katz joined the Israeli Defense Forces and studied in Tel Aviv. Kata and Josh Devon founded SITE in July 2002 to analyze “corporate records, tax forms, credit reports, video tapes, internet news group postings and owned websites, among other resources, for indicators of illicit activity.” SITE issued that 2007 video of Osama bin Laden to the Bush Administration and became involved with US intelligence agencies.

The claims that Al-Qaeda is linked to the CIA or that various terrorist groups are supported by Mossad do not seem to be far-fetched conspiracies. Why would Al-Qaeda care about the Israeli hostages? “No one cares about the Palestinian prisoners, neither in the media, in negotiations, nor in demonstrations,” Al-Qaeda allegedly stated. SITE claims that Al-Qaeda was concerned after Israel executed Hamas leader Yahya Sinwar, stating that “this file must be closed and not opened again, as we know its consequences,” according to the statement.

One must wonder if the Biden-Harris Administration left those weapons in Afghanistan for a reason. Are we to actually believe that a jihadist group is concerned about the welfare of Israeli hostages? These people do not fear death and Yahya Sinwar’s killing is clearly not motivation enough for the organization to release such a statement. Simply follow the money to see who is actually funding these terrorist organizations. The deep state is becoming careless in its statements as the curtain begins to blow in the wind.

Market Talk – October 21, 2024

October 21, 2024

Market Talk 2017

ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 decreased 27.15 points or -0.07% to 38,954.60
• Shanghai increased 6.55 points or 0.20% to 3,268.11
• Hang Seng decreased 325.65 points or -1.57% to 20,478.46
• ASX 200 increased 61.20 points or 0.74% to 8,344.40
• SENSEX decreased 73.48 points or -0.09% to 81,151.27
• Nifty50 decreased 72.95 points or -0.29% to 24,781.10
The major Asian currency markets had a mixed day today:
• AUDUSD decreased 0.00486 or -0.72% to 0.66575
• NZDUSD decreased 0.00402 or -0.66% to 0.60310
• USDJPY increased 1.007 or 0.67% to 150.518
• USDCNY increased 0.01983 or 0.28% to 7.13635
The above data was collected around 12:43 EST.
Precious Metals:
•  Gold increased 1.23 USD/t oz. or 0.05% to 2,722.44
•  Silver increased 0.127 USD/t. oz. or 0.38% to 33.833
The above data was collected around 12:51 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
•  CAC 40 decreased 76.82 points or -1.01% to 7,536.23
•  FTSE 100 decreased 40.01 points or -0.48% to 8,318.24
•  DAX 30 decreased 196.18 points or -1.00% to 19,461.19
The major Europe currency markets had a mixed day today:
• EURUSD decreased 0.00481 or -0.44% to 1.08190
• GBPUSD decreased 0.00604 or -0.46% to 1.29866
• USDCHF increased 0.00097 or 0.11% to 0.86555
The above data was collected around 12:58 EST.

US/AMERICAS:

US Market Closings:

  • Dow declined 344.31 points or -0.8% to 42,931.6
  • S&P 500 declined 10.69 points or -0.18% to 5,853.98
  • Nasdaq advanced 50.45 point or 0.27% to 18,540.01
  • Russell 2000 declined 36.38 points or 1.6% to 2,239.71

 

Canada Market Closings:

  • TSX Composite declined 99.21 points or -0.4% to 24,723.33
  • TSX 60 declined 6.87 points or -0.46% to 1,479.18

 

Brazil Market Closing:

  • Bovespa declined 140.67 points or -0.11% to 130,358.59
ENERGY:
The oil markets had a green day today:
•  Crude Oil increased 1.422 USD/BBL or 2.05% to 70.642
•  Brent increased 1.178 USD/BBL or 1.61% to 74.238
•  Natural gas increased 0.0524 USD/MMBtu or 2.32% to 2.3104
•  Gasoline increased 0.007 USD/GAL or 0.35% to 2.0129
•  Heating oil increased 0.0301 USD/GAL or 1.40% to 2.1828
The above data was collected around 13:04 EST.
•  Top commodity gainers: Natural Gas (2.32%), Cheese (8.77%), Crude Oil (2.05%) and Orange Juice (4.02%)
•  Top commodity losers: Methanol (-3.19%), Bitumen (-1.91%), Nickel (-1.78%) and Palladium (-2.79%)
The above data was collected around 13:16 EST.
BONDS:
Japan 0.9620% (-0.82bp), US 2’s 4.03% (+0.069%), US 10’s 4.1820% (+10bps); US 30’s 4.48% (+0.085%), Bunds 2.2865% (+10.35bp), France 3.019% (+12bp), Italy 3.5070% (+14.7bp), Turkey 29.785% (+201.5bp), Greece 3.127% (+8.4bp), Portugal 2.744% (+12.4bp); Spain 2.998% (+12.4bp) and UK Gilts 4.1440% (+9.01bp)
The above data was collected around 13:21 EST.

Anticipate a Border Agent Exodus Under Kamala

October 21, 2024

Anyone tuning into this blog knows that America’s Border Tzar Kamala Harris continues to ignore the migrant crisis while begging citizens, and non-citizens, to vote for her to fix the issue. New reports state that there will be a mass “exodus” of border patrol agents if Harris secures the election this November.

“I’m not doing this s–t again … four years of hell,” one agent told the New York Post. The anonymous agent is nearing retirement, as are many of his colleagues who are all in agreement that will only stay on the job if Trump is elected. These men and women tasked with keeping our nation safe have been forced to turn their backs on the nation and passively watch as MILLIONS of people from throughout the world easily cross into America.

Customs and Border Protection has already lost 4,000 agents who are working directly on the border since October 2020, and only 19,000 remain. CP employees 60,000 but the vast majority do not work at the actual border. Recruitment incentives ranging up to $30,000 have not helped the agency attract new workers. Yet, both Harris and Trump claim that they will increase the agency by at least 10,000. “Under this administration, they’ve done everything they could to make our job as inefficient as possible. They can’t outwardly tell us not to do our job, but when you’re watching criminals come in and get released it sucks,” another agent told reporters.

The situation has become so dire that Customs and Border Protection has hired a suicidolgist after 30 agents took their own lives since 2022. The death and pure mayhem these agents see is completely preventable. Instead our leaders have encouraged the lost or damaged to cross into America by any means necessary.

A separate report has revealed that 30% of the cameras on the Customs and Border Patrol’s Remote Video Surveillance System are not in working order, which makes sections of the border completely invisible to agents. “Two Customs and Border Protections officials said that some repairs have been made this month but that there are still over 150 outstanding requests for camera repairs. The officials said there are some areas that are not visible to Border Patrol because of broken cameras,” a leaked memo stated.

Kamala Border Policy

How could we expect anyone to work under these conditions? The president has ordered agents to ignore all moral integrity and permit a calculated invasion. These men and women do not want to stand complacent as drug and human trafficking take place right in front of their very eyes. They will be ostracized by the far-left media if they come forward or are photographed actually enforcing order. If only America allocated a FRACTION of the resources it uses to protect the borders of foreign nations, then maybe we would have something that resembles a dignified country.

FBI Manipulated Crime Data for Biden-Harris

October 21, 2024

FBI DOJ

Data manipulation. Government agencies are constantly manipulating the data to paint the Biden-Harris Administration in a favorable light. Everything from the monthly jobs report to CPI data is skewed in favor of FAILED policies. The FBI is now “revising,” another form of manipulation, its crime data for 2022 to show that crime skyrocketed under Joe Biden and Kamala Harris.

How skewed was the initial report? The FBI attempted to hide that VIOLENT crime increased by 4.5% in a single year. The agency failed to initially report an additional 1,699 homicides, 33,000 robberies, 7,780 rapes, and 37,000 aggravated assaults.

The media initially claimed that crime fell under the current regime. As Crime Research reported, USA Today was running headlines claiming that “Violent crime dropped for third straight year in 2023, including murder and rape.” The story initially reported: “Violent crime in the United States declined for the third straight year in 2023, including instances of murder, rape and assault, according to Federal Bureau of Investigation estimates released Monday. Overall violent crime declined 3% compared to the prior year, the FBI statistics show. Murder decreased more than 11%, while rape fell roughly 9%.”

Headlines praised Biden and Harris for imposing law and order despite individual police agencies stating otherwise. The news proudly stated that crime was lower than during the pandemic, and more importantly, lower than during the Trump Administration. This was a bold faced lie intended to mislead the public.

FBI.Gestapo

“The 2022 violent crime rate has been updated for inclusion in CIUS, 2023,” the FBI reported on its website, which is the ONLY statement the agency has made at the time of this writing regarding the data manipulation.

Professor Carl Moody of the College of William and Mary has spent his career studying crime statistics. Moody told reporters that this sudden revision is extremely odd. “There were no revisions from 2004 to 2015, and from 2016 to 2020, there were small changes of less than one percentage point. The huge changes in 2021 and 2022, especially without an explanation, make it difficult to trust the FBI data,” Moody said.

How does one underreport 80,029 violent crimes? There is no telling the true statistics as the agency has clearly been compromised. We saw the FBI hide countless skeletons for Biden during the 2020 US Presidential Election, and now the agency is doing the same for Kamala Harris in 2024. Your chance of becoming a victim of violent crime significantly rose under Biden-Harris. How could anyone expect this to change under Harris-Walz?

Can Biden Declare Martial Law To Suspend the Election?

October 21, 2024

Biden Signs Executive Order

QUESTION: Marty, you are a constitutional scholar. I heard your father was quite brilliant and defended the Constitution, even going against McCarthy. I would like to hear your legal opinion on the following: Can Biden declare martial law like Zelensky and postpone the election?

DR

ANSWER: YES! The question of the constitutional status of martial law was raised during World War II by the proclamation of Governor Poindexter of Hawaii on December 7, 1941. He suspended the writ of habeas corpus and delegated to the local commanding General of the Army all his own powers as governor and also “all of the powers normally exercised by the judicial officers . . . of this territory . . . during the present emergency and until the danger of invasion is removed.” Two days later, the Governor’s action was approved by President Roosevelt. The regime which the proclamation set up continued with certain abatements until October 24, 1944.

During the Civil War, when it was over, a divided Court, in the elaborately argued Ex parte Milligan, 71 U.S. (4 Wall.) 2 (1866), was truly an important case that effectively ruled that the use of military tribunals to try civilians when civil courts are operating is unconstitutional. This also means that during war and courts can be closed, then all bets are off. The Court’s opinion bearing on this point is the following:

“If, in foreign invasion or civil war, the courts are actually closed, and it is impossible to administer criminal justice according to law, then, on the theater of active military operations, where war really prevails, there is a necessity to furnish a substitute for the civil authority, thus overthrown, to preserve the safety of the army and society; and as no power is left but the military, it is allowed to govern by martial rule until the laws can have their free course. As necessity creates the rule, so it limits its duration; for, if this government is continued after the courts are reinstated, it is a gross usurpation of power. Martial rule can never exist where the courts are open, and in proper and unobstructed exercise of their jurisdiction. It is also confined to the locality of actual war.”

Chief Justice Chase declared that Milligan’s trial was void because it violated the Act of March 3, 1863, governing the custody and trial of persons who had been deprived of the habeas corpus privilege. He declared the belief that Congress could have authorized Milligan’s trial. The Chief Justice wrote:

“Congress has the power not only to raise and support and govern armies but to declare war. It has, therefore, the power to provide by law for carrying on war. This power necessarily extends to all legislation essential to the prosecution of war with vigor and success, except such as interferes with the command of the forces and the conduct of campaigns. That power and duty belong to the President as commander-in-chief. Both these powers are derived from the Constitution, but neither is defined by that instrument. Their extent must be determined by their nature, and by the principles of our institutions. . . .”

If we dive into this question, we find that two theories of martial law have been reflected in decisions of the Supreme Court. The first originated from the 1628 Petition of Right, which provides that the common law knows no such thing as martial law, Sterling v. Constantin, 287 U.S. 378 (1932).

“The nature of the power also necessarily implies that there is a permitted range of honest judgment as to the measures to be taken in meeting force with force, in suppressing violence and restoring order, for without such liberty to make immediate decision, the power itself would be useless. Such measures, conceived in good faith, in the face of the emergency and directly related to the quelling of the disorder or the prevention of its continuance, fall within the discretion of the Executive in the exercise of his authority to maintain peace.” Id. at 399–400.

In other words, martial law is NOT established by official authority of any sort. Therefore, martial law arises from the nature of things, being the law of paramount necessity, leaving the civil courts to be the final judges of necessity, id/287 U.S. at 400–01.

Then, we have the second theory, which states that supreme political authority can validly and constitutionally establish martial law during wartime. In the early years of the Supreme Court, the American judiciary embraced the latter theory as it held in Luther v. Borden, 48 U.S. (7 How.) 1 (1849) that state declarations of martial law were conclusive and were NOT subject to judicial review, id/48 U.S. (7 How.) at 45.  The Court wrote:

“whenever a statute gives a discretionary power to any person to be exercised by him upon his own opinion of certain facts, it is a sound rule of construction that the statute constitutes him the sole and exclusive judge of the existence of those facts.”

In this case, the Court found that the Rhode Island legislature had been within its rights in resorting to the rights and usages of war in combating insurrection in that state. Although the decision in the Prize Cases, 67 U.S. 2 Black 635 635 (1862), did not directly deal with the subject of martial law, it nonetheless gave national scope to the same general principle.

Therefore, reviewing these decisions, I would have to say that while it would be controversial, the government could call this a necessity if they can get Russia, China, North Korea, or Iran to declare war or attack before the election or certainly before January 20th, and they could declare Martial Law. Hence, the Democrats, in the hands of the Neocons, could carry out their coup, suspend the election, and seize the country as Zelensky has done in Ukraine under the same theory. They would need to close all courts, including the Supreme Court, out of NECESSITY, real or manufactured.

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