Tuesday, February 15, 2022

JOE BIDEN - DESTROYING AMERICA'S ECONOMY AS FAST AS HE HAS DESTROYED AMERICA'S BORDERS - Today, as I learn that the U.S. national debt has just eclipsed $30 trillion, it appears more and more likely by the day that our country is soon going to reach financial midnight. On top of that, the federal budget is closing in swiftly on $3 trillion.

VISUALIZE IMPEACHMENT 

AND IMPRISONMENT!

JOE BIDEN'S BUILD BACK BETTER NOT ONLY INCLUDED A MASSIVE AMNESTY AND MORE WELFARE FOR ILLEGALS TO KEEP THEM COMING, BUT INCLUDED A MASSIVE TAX CUT FOR JOE BIDEN'S BILLIONAIRE CRONIES!


America Is Approaching Financial Doomsday

Since 1947, just two years after the dropping of the atomic bombs on Hiroshima and Nagasaki, the Bulletin of Atomic Scientists have maintained what is known as a "Doomsday Clock."  This clock is reset annually and is supposed to measure approximately how close the world is to the apocalypse due to a man-made catastrophe, with midnight representing the apocalypse and however many minutes before midnight representing how close mankind is to causing it.

Today, as I learn that the U.S. national debt has just eclipsed $30 trillion, it appears more and more likely by the day that our country is soon going to reach financial midnight.  On top of that, the federal budget is closing in swiftly on $3 trillion.

Now, most fiscal conservatives are not surprised that the left-wing imbeciles in the White House and the Capitol Building are running up massive quantities of debt and burdening the American taxpayer excessively with the government's bills.  I mean, hell, more than $2.5 trillion was spent on just four acts of Congress by October of 2020.  And let's not forget the Biden administration's fool's gold, the bipartisan infrastructure bill of 2021, which, apparently, none of the 17 Republican senators who voted for its passage bothered to read.  If these sell-outs had bothered to read the contents of the bill, they would find a smorgasbord of pork, like the "Reconnecting Communities Pilot Program," which was allocated $500 million literally to demolish perfectly good infrastructure and completely redesign the layout of entire communities to make access to them more "equitable."  (This is the whole "racist roads" hogwash.)  They would also find that the bill contained an allotment of $7.5 billion for the construction of a network of half a million electric vehicle chargers nationwide, even though, by the Transportation Department's own admission, electric vehicles accounted for only 2.3% of car sales in 2020, or one third of China's E.V. car sales (because the moron in the Oval Office thinks everything is better in China, just ask Hunter).

But no, 17 members of the Senate who were supposed to be fiscally responsible decided to obsequiously bow down to Caesar Biden's demands.

But then, are they actually fiscally responsible?  In the past few years, Republicans have become nearly as fiscally reckless as Democrats.  Donald Trump, in just four years, added $8 trillion to the national debt.  Barack Obama, who added more to the debt than all of his predecessors combined, added only $9 trillion in eight!  And Jeff Van Drew, who made headlines when he switched political parties from Democrat to Republican shortly after he was elected to Congress, and who also happens to be the representative of the district I live in in New Jersey, voted in favor of the bill in the House — and this man claims to be a fiscal conservative.

Trump wasn't the only fiscally reckless Republican spender in recent memory.  According to a 2019 report by the New York Times, the war in Afghanistan, initiated under the aegis of George W. Bush, cost the United States, up to that point, $2 trillion.  The two-decade conflict, which resulted in the tragic loss of 2,400 American soldiers, was financed largely by borrowed money, and the American taxpayer will be shelling out tax dollars through the end of next year to pay $500 billion in interest alone.

So, as bad as Democrats are on and for the economy, and they are disastrous enough by themselves, Republicans, since the turn of the 21st century, haven't been much better.  That fact must be acknowledged before we can hope to turn back time on the fiscal doomsday clock.

The Republican Party used to be the natural antidote to the poison that the Democrats introduced to the economy.  We are talking about a party that used to be for low taxes, balanced budgets, and limited government spending, and that used to be hawks on the debt, dive-bombing any Democrat who dared introduce an asinine bill with a ludicrous price tag.

The Republican Party should start taking its cues on financial issues from libertarian fiscal responsibility champions among their ranks, like Rand Paul, one of the few voices of sanity and truth remaining on Capitol Hill.  Caesar Biden and his legion of progressive cretins have already crossed the economic Rubicon.  If you don't want to join him, you must make sure you elect fiscally responsible Republicans who are not willing to wade into those waters for their own political gain or their own personal avarice.  This means you will have to audit every political candidate you vote for henceforth to ensure that all of them are faithful to the principle of fiscal responsibility.

According to the Committee for a Responsible Federal Budget, the Biden administration's discretionary budget request for fiscal year 2022 is already up to $1.5 trillion, a sum 8.6% higher than last year's budget.  The worst part is that if this ghastly number is approved by Congress, it won't even be enough to cover one piece of legislation on Biden's wish list (Build Back Better), which was projected to be more than $2 trillion and could reach up to $6 trillion over a few years.  Inevitably, a number of "Republican" congressmen will cave to Biden's budget request, just as they did to the Infrastructure Bill.  Why more people are not concerned about this mystifies me, but then I remember that Caesar Biden has made it possible that being on unemployment and collecting stimulus checks is more lucrative than actually working and earning money.  This may be why there isn't more of an uproar — because the lazy degenerates who would rather live off entitlement programs (that they are not entitled to at all) than work for a living would throw a huge temper tantrum.

One way or another, this fiscal insanity will come to an end, and the final act can end in one of two ways: either a strong force of fiscally responsible politicians are elected in the midterms and replace the creatures from the Black Lagoon there right now, and put an end to Biden's insane tax-and-spend policies, or the establishment continues with its "let them eat cake," attitude, pushes the economy off the cliff, and plunges the nation into an economic crisis unparalleled since the Great Depression, essentially putting future generations of Americans in debtors' prisons from birth.  

You choose.  The clock is ticking.


Tesla to Pay $0 in Federal Tax Despite Record $5.5 Billion Profit in 2021

Dan Neil and Tesla Motors CEO Elon Musk attend Tribeca Talks After The Movie: 'Revenge of the Electric Car' during the 2011 Tribeca Film Festival at the SVA Theater on April 23, 2011 in New York City. (Photo by Dario Cantatore/Getty Images)
Dario Cantatore/Getty
3:03

Elon Musk’s Tesla will pay exactly $0 in federal tax this year despite making a record profit of $5.5 billion in 2021. According to the company, it lost money in the U.S. and derived all of its profits from overseas profits, leaving it with no federal tax and just $9 million due in state taxes.

Observer reports that according to an annual report filed with the SEC on February 7, electric car maker Tesla has revealed that it will pay $0 in federal tax this year despite record profits of $5.5 billion for the year. In a note section on page 86 of the report, the company stated that it recorded a loss of $130 million in the U.S. in 2021 and that all of its pre-tax net income came from overseas operations.

Tesla CEO Elon Musk unveils the new Tesla factory in Fremont, Calif., Wednesday, Oct. 27, 2010. The new Tesla factory is the former NUMMI plant. (AP Photo/Paul Sakuma)

Tesla CEO Elon Musk unveils the new Tesla factory in Fremont, Calif., Wednesday, Oct. 27, 2010. The new Tesla factory is the former NUMMI plant. (AP Photo/Paul Sakuma)

Tesla CEO Elon Musk (C) poses for photos with buyers during the Tesla China-made Model 3 Delivery Ceremony in Shanghai.  (Photo by STR/AFP via Getty Images)

This means that Tesla expects to pay $0 in federal corporate income tax and $9 million in state tax. The state tax is based on Texas’ state tax rate, Tesla relocated to Texas from California in December 2021. Tesla noted that it will pay $699 million in income tax related to foreign profit, which is taxed at roughly 11 percent, well below the 21 percent federal corporate tax rate in the United States.

45 percent of Tesla’s global revenue in 2021 came from U.S. sales, yet the company claims to not have generated any domestic profit. Observer notes that there could be a few explanations for this. One is that Tesla is structuring its global operations in a way that means income is reported from entities in overseas subsidiaries registered in tax havens like Bermuda and Ireland, while U.S. operations have little taxable income to report.

This practice is common amongst American multinational corporations, according to tax experts. Martin Sullivan, the chief economist for Tax Analysts, told CNN: “It’s very common. It’s almost malpractice not to do that. That defies common sense, but it does not defy the U.S. tax code.”

Another possible explanation for Tesla paying $0 in income tax is that the company might actually be losing money in its American operaitons. Tesla has lost money for a decade until it turned its first quarterly profit in 2019, the same year it opened its Gigafactory in Shanghai, China. Gordon Johnson, the CEO of the equity research firm GLJ Research, stated that he believes that Tesla was only able to turn a profit after it began making cars in China due to lower production costs.

Read more at Observer here.

Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Follow him on Twitter @LucasNolan or contact via secure email at the address lucasnolan@protonmail.com

HIGHLY GRAPHIC IMAGES OF AMERICA UNDER LA RAZA MEX OCCUPATION

 

This is what America will look like with continued open borders with Narcomex. That is the agenda of the Globalist Democrat party for endless hordes of ‘cheap’ labor.

 

http://mexicanoccupation.blogspot.com/2013/10/america-la-raza-mexicos-wide-open.html

 

 Tom Cotton: If You’re a Human Trafficker or Drug Dealer — You’d Give Biden ‘an A-Plus’ on Immigration

Republicans, Biden, and the Border

At this point in the Biden presidency, he is a gift that keeps on giving to Republicans in 2022. From COVID-19 mandates to the Afghanistan and Ukraine debacles, the Biden administration has failed on so many fronts that Republicans have to choose which failure(s) to highlight ahead of the midterms.

Admittedly, it’s a really good problem to have. Historically speaking, Democrats were always bound to lose congressional seats this year, and it doesn’t help Democrats that dozens of Biden allies are retiring from Congress. Nor does it help that President Biden’s first-term failure keeps putting Democrats on the defensive. Republicans are now poised to flip control of Congress, behind overwhelming support from American voters who are fed up with the left-wing policies and identity politics of the Biden era.

But, to secure victory in 2022, Republicans cannot forget about immigration. With so much going on, the U.S. border crisis may get lost in the news shuffle, but not for lack of importance. To the contrary, the situation at the U.S.-Mexico border is the worst it’s been in decades. Crisis became the status quo shortly after President Biden’s election, and it’s not getting better.

Last year, Mexican border arrests hit a new record, with federal agents recording nearly two million apprehensions. About 20 percent of the illegal immigrants arrested were released into the United States to await hearings on their asylum applications. By the spring, Homeland Security officials are expecting as many as 9,000 border arrests per day -- a higher peak than even last year. Residents of Del Rio, Texas personally witness dozens of illegal immigrants crossing the Rio Grande every week.

In America, that is unacceptable. American citizens should not be forced to see illegal immigrants -- many of them armed and dangerous -- on their doorstep. They should be living in a country that respects its national sovereignty and defends its borders. The U.S.-Mexico border should be protected by those in power, starting at the top. Unfortunately, Biden’s border is more an imaginary line than anything else. As one visitor to Texas recently put it, “The southern border of the United States has become a suggestion, a line that vanishes a little more each day.”

Even more unfortunately, President Biden’s policy of choice is to keep the floodgates open. In recent weeks, the Biden administration has secretly transported countless migrants to Texas airports and boarded them on flights to different cities across the country. With illegal immigrants flying all over the country and in the dark of the night, the Department of Homeland Security has essentially turned into the “Department of Human Smuggling.”

Rather than punishing illegal immigrants for breaking the law, the federal government is subsidizing their lawlessness and setting them up to stay here indefinitely. Reward is taking the place of retribution, incentivizing future migrants to also break the law. Blessed with the Left’s open-borders agenda, why wouldn’t they?

Now is the time for American voters to punish Democrats in return. The “red wave” is coming in 2022, but only if Republicans keep exposing the utter travesty at the border. It’s no wonder that immigration is a top issue for the electorate, with only the economy considered more important (and for good reason, given inflation). Nearly 60 percent of Americans, including independents, disapprove of President Biden’s immigration agenda. Hispanic voters are among the Biden administration’s harshest critics.

Of course, immigration is not the only issue in 2022. After all, U.S. inflation is at seven percent (and counting). Republicans can and should assail the tax-and-spend policies that flooded the economic system with free money, making it more difficult for employers to find workers.

But overlooking the border crisis would be a lost opportunity for Republicans. It could just flip Congress in November.

Ted Harvey serves as chairman of the Committee to Defeat the President.

Image: US Border Patrol


 

Jim Jordan HUMILIATES Nancy Pelosi And The Entire Democrats In Congress




Biden’s Popularity is Sinking Like the Titanic

President Job Biden is beginning his second year in office. Just over a year ago when he was elected, or selected, tears of joy flowed in blue cities. Political experts like Taylor Swift expressed, “Quiet, cautious elation and relief.” ABC News, a major player in the Biden campaign, proclaimed through their own tears of joy, “A new day of hope for America.”

Is the rest of America thrilled that Biden is in the White House? Was such optimism due Biden’s election, or was this just a sense of relief that the tweeting orange man was on his way out the door?

YouTube screen grab

Joe Biden was never a force of intellect, statesmanship, or wisdom, during his decades in the U.S. Senate, eight years as vice president, or his first year in the Oval Office. A recent example is how Biden, who now wants a black female on the U.S. Supreme Court, blocked the first black woman nominee to the court, Janice Rogers Brown in 2003, an inconvenient fact the corporate media and Biden’s dwindling supporters choose to gloss over.

Even his predecessor and teammate for eight years, President Barack Obama, famously noted, “Don’t underestimate Joe’s ability to f**k things up.” As we look at the landscape today, Obama’s words are prophetic.

Domestically we have inflation hitting a 40-year high, which along with rising unemployment, is reminding older Americans of a blast from the past called the misery index, a relic of the Jimmy Carter presidency. Our southern border is wide open to anyone and everyone from around the world, along with rising crime, homelessness, and squalor in American cities.

Biden promised to “Beat COVID,” yet more Americans died of COVID in 2021, during Biden’s presidency, compared to 2020 when Trump was in the White House. Foreign affairs are faring no better.

Biden’s Afghanistan surrender to the Taliban, a force we have been fighting for 20 years, left China smiling as we left billions of dollars of weapons and infrastructure behind, along with many Americans which the media are incurious about. Biden is sending mixed messages to Ukraine and Russia, leaving Putin a pathway to gobble up more territory and fracture a feckless NATO.

America at home is in a civil war, pitting Americans against each other based on everything from skin color to vaccination status to mask-wearing, destroying families and friendships in the process. But as America slides toward the edge of the cliff, it is not just Joe and the Democrats falling, but the entire country and much of the world, given the importance of the Office of the President of the United States.

Rasmussen Reports is one of the leading and most accurate pollsters, surveying not simply whoever answers the phone or responds to an internet poll, but likely voters, those individuals who express their opinions at the ballot box, potentially making course corrections through elections.

Their Daily Presidential Tracking Poll, compares the total approval of Presidents Trump and Biden at identical points in their respective presidencies. On Feb. 10, Biden’s total approval was 43% compared to Trump exactly four years ago at 49%, a significant 6-point difference. Biden generally polled better than Trump until late summer 2021, when after the Afghanistan debacle, buyer’s remorse slapped many Biden voters.

Approval numbers can be fickle and influenced by other factors. Four years ago during Trump’s presidency, things were definitely better. COVID didn’t exist, the economy was strong, and Trump was keeping our foreign adversaries – Russia, China, North Korea, and Iran - in check. By comparison, Biden strives to be an anti-Trump president, doing the opposite of Trump, regardless of necessity or consequences, a “cutting off your nose to spite your face” approach to governance.

Pollsters could also ask if the country is heading in the right or wrong direction. Rasmussen recently asked that question. By a two-to-one margin, likely voters believe the nation is heading in the wrong direction, 64% wrong versus 30% right direction.

Voters have turned off the Biden presidency after only one year, based on another Rasmussen survey seeking opinions on the best and worst presidents in recent history. Voters, only a quarter of the way through Biden’s first term, have their answer. They found, “54% of Likely U.S. voters think Biden will be remembered as one of the worst presidents in American history. Only 15% believe Biden will rank in history as one of America’s best presidents.”

How many of those 15% are members of teachers’ unions or the Washington D.C. press corps? We know which group NeverTrump Rep Adam Kinzinger (R-IL) falls into. He recently told a CNN host, “Trump was the worst president the United States of America ever had.”

Talk about being out of touch with America. It is no wonder Kinzinger has chosen to not run for reelection, instead perhaps hoping for a gig at CNN or MSNBC, an echo chamber where he will feel far more comfortable.

Trump scored much better than Biden in the best and worst presidents survey, “41% think Trump will be remembered as one of America’s best presidents, compared to 43% who believe Trump will rank as one of the worst presidents in U.S. history.” This an even split between best and worst for Trump whereas Biden was viewed as worst by an almost four to one margin. Say it ain’t so, Joe.

Another Rasmussen survey sums this all up, finding 60% of Americans believing that Biden’s first year was somewhat or very unsuccessful, 50% in the latter category.

For those who are skeptical of Rasmussen surveys, take instead the latest Quinnipiac University survey measuring Biden’s job approval at only 35 percent. The lowest number they ever had for Trump, who consistently had over 90 percent negative media coverage, was 33 percent approval. Biden’s media coverage has been overwhelmingly positive, and he is at Trump’s approval level.

The Real Clear Politics average of national surveys found Biden’s job approval dropping below 40 percent for the first time last week. As the New York Post observes, “The abysmal rating comes as the White House continues to grapple with soaring inflation and rising gas prices, the COVID-19 pandemic and surging crime in big cities.” None of which are showing any signs of improvement either.

Finally Pew Research Center confirms Joe’s sinking fortunes with a poll that found: “Overall, 20% of American adults say Biden will be a successful president, while roughly twice that share (43%) say he will be unsuccessful.”

As the midterm elections approach, with a potential Democrat bloodbath putting Republicans in control of both houses of Congress and essentially neutering Biden’s floundering agenda, how will this sinking ship be raised from the ocean depths? Perhaps some new crisis, as in a war, cyberattack, or another coronavirus variant to lock down the country and create new election rules and procedures for “public safety.”

For those who voted for Biden because Trump annoyed them, congratulations. Hope they are all getting what they wanted, pleased with a disaster, rather than an effective and competent loudmouth in the Oval Office.

Meanwhile, Biden’s second year as president is off to a horrific start and, in retrospect, this may be his high point. Expect a further decline as inflation, crime, and chaos crawl out of the swamp, eager to drag Biden and the rest of the country into a socioeconomic sinkhole. It may take a decade for America to climb out, adding further carnage to a country already beaten down by two years of COVID restrictions which did “more harm than good” and left America in a genuine state of malaise.

Elections have consequences and those who voted for Biden, offended by Trump’s demeanor and behavior, can now pat themselves on the back for their “principles” while Biden is sinking like the Titanic, dragging the country with him into the depths of national decline and despair.

 

Brian C. Joondeph, M.D., is a physician and writer. On Twitter as @retinaldoctor.

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