America Faces No Greater Threat Than Joe Biden and the Democrat Party. Their Assault to Our Borders Is As Great As Their Assault to Free Speech and Free Elections
Tuesday, October 18, 2022
JOE BIDEN - GLOBAL BRIBES SUCKER - PRESIDENT FOR BRIBES - Where did all Brandon's mansion come from? - For decades, he has funneled millions of dollars to his children and siblings and, especially, to his debauched, deviant son, Hunter.
There it is. That's the issue. To begin, you have the corrupt family Biden. They've been scamming us and our system well for almost fifty years. The man is supposedly worth over 250 million dollars. How is this possible on his salary? It's not. So where did his wealth come from? Not from being a brilliant businessman. DAVID PRENTICE
Naïve American people had no idea what they were getting with Biden: A senile, corrupt, debauched old man with a son who was a conduit for his dirty dealings and who has a personal life so disgusting it’s hard to write about it. That’s what the American media and the tech tyrants have done to America. ANDREA WIDBURG
I’d be inclined to disagree with Don except for one thing: Biden has proven to be a very adept criminal mastermind. For decades, he has funneled millions of dollars to his children and siblings and, especially, to his debauched, deviant son, Hunter.
Never in American history has a major political party nominated two candidates for president and vice-president who are so manifestly unfit for the elective offices they seek.
Joe Biden, the corrupt, unaccomplished 47-year career politician, with a reputation of having been a proud segregationist, an unabashed plagiarist and liar, a resolute tale-teller, and a serial flip-flopper, is pretending to head up a radical social-democratic ticket for President of the United States that includes as his running mate the ambitious, disagreeable junior senator from California: Kamala Harris.
Biden, Obama’s vice-presidential lackey for eight years (a period of unprecedented corruption and personal enrichment for both men), has always craved power and attention. But unfortunately for Joe, his mouth, hands, and nose have consistently undermined his presidential ambitions.
Rep. Scott Perry: This can’t stop with Hunter Biden
“My son, my family will not be involved in any business, any enterprise that is in conflict with or appears to be in conflict, with inappropriate distance from the presidency and government,” he said.
MONICA SHOWALTER
Oldest President Ever Spends More Than 25 Percent of Time at Home
Secret Service won't release visitor logs for Joe Biden's two houses in Delaware
Getty ImagesKarl Salzmann • October 17, 2022 2:45 pm
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President Joe Biden has spent more than a quarter of his year and a half in office at home in Delaware, CNN reported Monday.
Biden, the oldest person ever elected president, has spent 174 days—including almost every weekend—at his two houses in Delaware. By comparison, former president Donald Trump, whom the media widely criticized for being away from the White House, had only spent 135 days at home by this point in his presidency.
While a White House spokesman told CNN that Biden is "constantly on the job," the administration has stonewalled journalists on who visits the president in Delaware. The Secret Service has repeatedly deniedNew York Post Freedom of Information Act requests for "any records that identify visitors to President Biden's Delaware residences," claiming that it could find "no responsive records." Biden promised soon after taking office that his administration would uphold the "highest standards of transparency."
The Post‘s editorial board blasted the Secret Service's denial, saying the claim makes "the president look guilty as hell." While vice president, Biden had meetings with his son Hunter's shady "business dealings with the Chinese," former Hunter Biden associate Tony Bobulinski said. The Justice Department is reportedly investigating Hunter Biden over taxes and business practices in China and Ukraine.
The report also comes as members of the president's own party worry about his age. The president will turn 80 on Nov. 20, causing "trepidation in the West Wing," the Washington Free Beaconreported. Biden last month faced scrutiny after he called on a congresswoman to stand up, not realizing the congresswoman had died months earlier.
Historian Tim Naftali told CNN that Biden's decision to head home so often causes another self-imposed headache for the president.
"People will assume the worst if he's not visible," Naftali said. "That is something that comes with being the oldest president in office."
Back in 2012, when Barack Obama was president, he mocked the notion of $2.00 a gallon gas prices as “phony election-year promises that never come about.” Obama was proven wrong when the average price of a gallon of gas dipped below $2.00 in 2020 when Trump was president. On Trump’s last day in office, the average price of a gallon of gas in the U.S. was $2.38.
Trump Isn’t Dangerous; This Administration Is
So much projection; so little time. Let's look just at the economy.
Ever since Donald Trump descended the escalator in 2015 to announce his run for the presidency, every arm of the Left’s prodigious propaganda machinery (the media, Hollywood, academia, the Democratic Party) has howled that Trump posed a unprecedented threat to the safety and stability of the United States — and the world. No aspect of life would be left unscathed by Trump: the economy, the military, foreign policy, law and order. You name it, Trump would wreak havoc on it.
Vanity Fair claimed that Trump would “destroy the (U.S.) economy out of spite.” Not to be outdone, the Washington Post opined that “A President Trump could destroy the world economy.”
And when they weren’t roaring about Trump’s malevolent intentions, the propagandists were crying wolf about his mental state, and invoking the 25th Amendment. Just before the November 2020 election, House Speaker Nancy Pelosi (D-CA) announced that she planned to sponsor legislation that would convene a panel of psychiatrists charged with “reviewing whether President Trump is mentally fit to remain in office,” in order to start the constitutional process of removing him from office.
So much projection; so little time. Let’s look just at the economy.
Back in 2012, when Barack Obama was president, he mocked the notion of $2.00 a gallon gas prices as “phony election-year promises that never come about.” Obama was proven wrong when the average price of a gallon of gas dipped below $2.00 in 2020 when Trump was president. On Trump’s last day in office, the average price of a gallon of gas in the U.S. was $2.38.
On Joe Biden’s first day in office, he signed an executive order that has become emblematic of his presidency, stopping the construction of the Keystone XL pipeline, a conduit that would have transported more than 800,000 barrels of oil a day from Canada into the U.S. He has since canceled or halted leases for the production of oil in Alaska and the Gulf of Mexico, as well as Montana, North Dakota and South Dakota. These decisions, along with other Biden policies and regulations, have contributed to spiraling energy prices. This past summer, the average price of gasoline hit $5.00 a gallon. In some parts of California, a gallon of gas has cost $8 a gallon this year.
This, in turn, has dramatically increased the prices of everything else, including production and transportation of goods.
Wages were rising under the Trump administration, while unemployment continued to decrease. Inflation was low.
In stark contrast, inflation has increased every month since Biden took office, and is now the highest it has been in 40 years, creating what some economists have calculated is an 8.5% reduction in Americans’ “real wages.”
The “green” energy policies that Biden and his handlers do a happy dance for are having a negative effect on the global economy as well. Electricity and gas prices are through the roof. Not only are individuals and families affected; across Europe and the U.K., companies are signaling that they will not be able to pay these prices and stay in business. The economic forecasts are bleak.
Biden likes to blame these consequences on Vladimir Putin, and there is no doubt that Putin bears much of the blame, particularly for the situation in Europe. But gas prices started rising here in the States well before Putin invaded Ukraine. More importantly, America could be ameliorating the effects on Putin’s decisions by increasing our own production and sale of oil and natural gas, and we aren’t. Instead, Biden wants to lift sanctions on rogue regimes like socialist Venezuela and Iran to get oil from them. Just last week, he went hat-in-hand to demand that OPEC nations increase production. Saudi Arabia told him to take a hike.
Biden has attempted to quell public panic about rising energy prices by releasing millions of gallons from the U.S.’ Strategic Petroleum Reserves. But this is a short-term fix with long-term consequences that could be even more severe if we need those Reserves in the future. To date, Biden has drained more than a third of the Reserves and has announced no plans for replenishing them. Trump tried to add to the Reserves by purchasing an additional 77 million gallons in 2020 when oil prices hovered around $20 a barrel; congressional Democrats blocked it. The cost of refilling the Reserves now would be drastically more expensive; oil this week is running close to $90 a barrel.
None of the economic consequences of Biden’s policies are inadvertent or unforeseeable. What’s worse, there is no indication that Biden (or whoever is making the decisions behind the scenes) intends to reverse course. Which means that we are in for a continued economic decline unless and until we put someone else in the White House.
The level of 'corruption' in our government is 'unacceptable': JD Vance
At worst, if these eleven protesters were blocking the abortion
facility as alleged, this should have been an easy local
action. Instead, we got guns-drawn FBI raids, complete with
handcuffs. When it comes to terrorizing political enemies, this
administration is all about "go big or go home." It's what
unchecked power looks like, the kind that Lord Acton warned
about when he observed that absolute power corrupts absolutely.
I can no longer remain in today’s Democratic Party that is now under the complete control of an elitist cabal of warmongers driven by cowardly wokeness, who divide us by racializing every issue and stoke anti-white racism, actively work to undermine our God-given freedoms, are hostile to people of faith and spirituality, demonize the police and protect criminals at the expense of law-abiding Americans, believe in open borders, weaponize the national security state to go after political opponents, and above all, dragging us ever closer to nuclear war. TULSI GABBARD
Joe Biden: Wartime Leader of the Black Soul Brigade
As the midterms approach, the great unifier decided that it is a good time to start emphasizing his "unifyingness."
He put out a bizarre and delusional text that both bragged about his vision and achievements and claimed he is a president for every American and will not leave anyone behind.
This followed the White House's United We Stand summit in September, in which, in full Don Quixote style, Biden tilted against the phantom forces of white supremacy and hate, which from Bidentongue translates into anyone who didn't vote for him.
The problem for Biden is that after you have declared war on half of the country while power-charging the misery index, it is not possible to pivot to unity, even if your internal polls scream that you should.
From day one, he has acted as if he is a wartime president overseeing actions against the 74 million Americans who did not vote for him, even going so far as to say that "brave, right-wing Americans" would need modern fighter jets to stand up against him.
No administration in history has tried to pull off what his has done, which is to declare anyone who doesn't vote for a Democrat to be the enemy. When Biden uses the phrase "MAGA Republican," that roughly translates to any Republican not named Kinzinger or Cheney, a number that is growing as Biden voters experience increasingly acute buyer's remorse, perhaps because they can no longer afford to buy anything.
Even impeachment-voting Senator Ben Sasse saw how little currency that bought him this week, since those charming denizens of the left put all Republicans into their hate-filled cauldron.
While the Democrat media pretend Biden is talking about a small group, he isn't, and neither are they. On an MSNBC panel this week, a Brookings fellow, Shadi Hamid, commented to a nodding Jen Psaki, former mouthpiece of the regime, "So then we have to find a way to live with them (74 million Trump-supporters) even if we think they're bad people, even if we think they're a threat to everything we hold dear."
It is a small hop from language and thinking like that to some of the worst atrocities in history. Democrats are already doing all in their power to marginalize, demonize, and silence.
Who are these "bad" people whom they hate so much? They are Americans who believe in quaint things like the Constitution, limited government, faith in God, equality, family, borders, national interests, and public safety.
Most of these objects of Democrat hate don't even care that much about politics or even hate them back.
Who they are not? Marxists, fascists, racists, supremacists, and just about every other "ist" word they they've been smeared with by the projectionist-in-chief and his merry band of hate-filled extremists.
This corrupt shell of a man who claims to be the president of all Americans, or more likely the person or cabal calling the shots, put his entire Cabinet on war footing to attack Americans and damage America from day one. All the Cabinet departments have taken part, even if the Department of Justice, using the FBI as its politicized weapon, has been the most obvious offender.
Perhaps the worst chapter in FBI history happened recently, and it isn't even the obviously political, banana republic–style raid of a former president that crossed a line most Americans never expected to see crossed in their lifetimes. It was the arrest of eleven Christian pro-life protesters in Tennessee for a protest act from 18 months ago, which closely followed another FBI raid on a Catholic pro-life American in Pennsylvania for defending his son.
At worst, if these eleven protesters were blocking the abortion facility as alleged, this should have been an easy local action. Instead, we got guns-drawn FBI raids, complete with handcuffs. When it comes to terrorizing political enemies, this administration is all about "go big or go home." It's what unchecked power looks like, the kind that Lord Acton warned about when he observed that absolute power corrupts absolutely.
It is hard to fathom the sheer evil of what the government has done in these cases. They are taking Christian political prisoners with the hope that it sends the message that "we're with you" to their voters, perhaps less surprising when you consider that Democrats have largely campaigned around the single issue of having a completely unrestricted right to murder unborn babies. What that says about how they view their voters is mind-boggling.
They arrested an 87-year-old woman who likely doesn't have a single violent bone in her body and threatened her and the other protesters with prison and a massive fine.
While Democrats are turning violent prisoners free to terrorize Americans while ensuring a nonexistent border to allow even more violent criminals and drugs in, they are threatening peaceful protesters with eleven years in jail in some of the most overt anti-Christian government actions in recent memory.
Biden's promise that he is "not leaving anyone behind" rings a bit hollow when his idea of not leaving them behind is to lock them, and a host of other politically chosen prisoners, away.
As for the actual violent pro-abortion crowd targeting pregnancy centers, Biden's black soul brigade has no interest in them other than to egg them on with their silence and words of support. At least eighteen actual arson and vandalism attacks on pro-life organizations have netted a whopping zero arrests, which is of no great surprise since this administration isn't concerned about actual criminals targeting Americans.
The Democrat party has never been about unity. They've always preached resentment, hostility, and anger. But the class warfare language of yesterday was nowhere near as toxic as the Marxist, globalist, and racist stew they've replaced it with today.
This leads to a core question. Is something resembling unity in America even possible anymore?
Once you've declared half the country to be the enemy, there is no easy road back from that hellish place. But there are a couple actions Republicans should take in the short term.
When Republicans take the House, they should immediately begin impeachment proceedings against Merrick Garland, Alejandro Mayorkas, and Jennifer Granholm for attacks against Americans and gross dereliction of duty on border and energy policy. That would be a good start to highlight the extreme radicalism of the modern Democrat party.
Harass the functionaries relentlessly, but don't impeach the vessel of corruption that sits in the Oval Office. Let him remain the albatross around the neck of the radical Democrats.
Looking ahead, let's posit that in 2025, America inaugurates President Trump for his second term, Governor DeSantis for his first, or some other Republican candidate who emerges before then.
As happened to President Trump, the government bureaucracy will immediately spring into full antibody mode and work to thwart the president at every turn. It will be a subversive force, loaded down with overpaid government employees who will transform overnight into an active resistance.
That brings us to the second action needed. The government needs to be cut dramatically. Every single agency should be sliced with a butcher's cleaver, and some of them should be eliminated entirely.
As a practical matter, a government America can't even come close to affording needs to be cut anyway. But it needs to be remade into a much smaller and less partisan force so that the Republican president can actually be successful. If it can be dispersed around the country instead of centered in Washington, even better.
This will at least allow the president to function and will perhaps open enough eyes to an extent that something resembling unity, or at least tolerance for opposing views, can be restored. In the meantime, the great unifier and his black soul brigade will continue their war on an ever-increasing number of red-pilled Americans.
Kamala cackles at Korea's DMZ. Braindead Biden speaks to ghosts. Wicked Witch Hillary curses America with lies. Halloween season must be here. Except the evil that Democrats do lasts all year long. Filled with racists, butchers, killers, liars, misanthropes, thieves, and snobs, the commie coalition of leftists in America pursues nothing but harm. Feasting on children, spreading fear and hate, they are the carnival horror show no sane person would dare permit through the gates. Wherever their power grows, Dems bring darkness (thanks, Green New Deal!), scary times, and frightening monsters. (Jeffrey Epstein didn't kill himself, after all.)
It is clear that the commie coven has cast a spell upon the country, transfixing too many otherwise rational-thinking Americans into supporting wicked things. Who could be in favor of explicitly judging people by the color of their skin? Who could support secretly grooming innocent children to partake in sexual fantasies? Who could promote mutilating a child's body as if "transgenderism" were a sacred rite? Who could demand that babies be sacrificed on the altar of convenience? Who could preach that freedom is sinful and that obedience to government is divine? Who could maliciously scare billions with the unscientific doomsaying of imminent climate apocalypse? Who could steal food and fuel from the poor, while global elites choose who will be lucky enough to eat? Who could teach Westerners self-loathing on such a grand scale? Surely only very wicked people could do such things. Or people who have become lost in the delusions of malevolent magicians who seed discord, spread lies, feed on pain, despoil innocence, and thrive on hate.
Leftism really is a curse because it twists minds into believing hideous things. Saying, "All lives matter," is somehow racist. Wanting to "Make America Great" somehow spreads hate. Treating people equally regardless of skin color promotes "white supremacy." Rewarding merit and hard work does, too. The less someone thinks of race, the more that person is condemned as "racist," while the more someone obsesses over race, the more "virtuous" that person is said to be. Only "racists" today treat people of all shades the same.
What a sick world the commies have built. White adolescent males have been intentionally left behind. Their rates for academic achievement have plummeted, while their rates for alcohol and drug dependence continue to rise. They are lonely, without purpose, and suicidal as never before, yet the merciless Marxists beat them over the head with allegations of their miraculous "supremacy." There are no scholarships for "white boys." There are no clubs where they are encouraged to belong. They are not invited to succeed. Books, television shows, and movies relentlessly paint them as the villains. The federal bureaucracy treats them as potential "domestic threats." The stories of their ancestors are rewritten as shameful tales best to forget. They have become the eternal whipping post for the hideously racist political left.
Where has compassion gone? To where has the dream of a colorblind world vanished? Why must young innocents be punished for perceived "sins" committed in the distant past? Who could possibly justify looking through a person's character and seeing instead nothing but oppressive hues? Only a race-obsessed commie coalition seeking to divide. Only hateful demagogues who maintain power by teaching others to despise.
In America, former president but lifelong Marxist Barack Obama can slander proponents of secure borders as racists, and nobody bats an eye. Babbling Vice President Harris can promise to disburse federal funds for victims of Hurricane Ian based on Americans' skin color, and corporate news talking heads applaud. Nancy Pelosi can justify millions of illegal aliens as necessary for picking crops, and America's most race-obsessed pretend not to hear. White victims can be violently targeted on the street by criminal gangs, and Democrat mayors cover up their race-based crimes. Beloved statues and monuments honoring the world historical achievements of America's Founding Fathers can be defiled and toppled, and no arrests are ever made. A white male waving the American flag or singing the National Anthem too proudly, however, is condemned for not proactively apologizing for the color of his skin. Hidden "racist" intent is seen lurking in every corner of society. Americans insufficiently dedicated to racial grievance are "canceled" for imaginary sins. Those unwilling to rewrite history are punished. Those who refuse to believe in "woke" delusions are derided. That's how the left helps evil win.
It has been said often that a culture can be judged by how it treats its most vulnerable, and by any measure the West will soon be harshly judged. It was not enough to legalize abortion while promising to keep it rare. The killing of children had to be embraced, then universalized, then celebrated, and finally used as an absurd "human right" cudgel against its opponents. It was not enough to redefine the ancient institution of marriage when destroying the traditional family was the Marxists' ultimate goal. It was never about preaching "tolerance" for others when the political left steadfastly refuses to leave God-fearing Americans alone.
Young students forced to endure Marxist indoctrination may be surprised to learn that a short time ago there was no confusion over biological sex. Nowhere in the world did any culture, scientific body, or human rights group find it controversial to believe in the existence of biologically-defined women and men. Parents had no trouble distinguishing their daughters from their sons. Schools had no need to invent hundreds of "genders" to account for each human's uniqueness. Medicine had not been so politicized as to turn basic genetics upside-down. Only a few years of propaganda and brainwashing, though, were sufficient for thousands of years of human history to be tossed out. What unbelievable witchcraft it is to transform a basic fact of life into a divisive curse for argument and division. How sinister it is to teach toddlers outright lies. How barbaric it is to encourage boys and girls to take life-altering hormones and undergo irreversible surgeries before ever growing up. What ghoulish monsters the Marxists are for mangling bodies, manipulating psyches, and ruining lives.
As if teaching racism, butchering children, and killing babies were not enough, the left's horror tale is not complete without the frightful terrors of global warming. So committed they are to centralized government power and so obsessed they are with unchecked population growth that the Marxists would rather terrify the world with visions of destruction than let children grow up with hope. To tell kids that their parents are killing them with "fossil" fuels. To spread outrageous propaganda that the world does not have long to live. What sinister intent inspires such apocalyptic prevarications? What kind of evil people spread such fear and dread?
It takes a certain kind of monster to intentionally hurt and scare the weak. It takes a certain kind of villain to terrorize the poor. It takes awfully racist people to obsess over the color of children's skin. It takes misanthropic Marxists to spin lies of planetary horror. Yet the evil that men do succeeds only when good men choose to remain silent. So speak up loudly every day. Break the leftists' spells. Chase the wicked far away. And never be compliant.
America is facing formidable challenges, both domestically and abroad, as the midterm elections approach. This is when voters can exercise their choice to make a course correction in current leadership and the direction of the country. It’s also a good time to ask, “Are you better off today than you were a year ago?” and take note of who was in charge then versus now.
Rasmussen Reports offers a current snapshot of public opinion regarding this question. In a survey from several weeks ago, they found that only 29% of likely US voters think the country is heading in the right direction, barely a quarter of voters. In contrast, 64% say we are headed in the wrong direction.
President Bill Clinton’s consigliere James Carville quipped during one of Clinton’s presidential campaigns, “It’s the economy stupid”. 30 years later the economy is still an important issue as Rasmussen Reports found in a recent survey, that 57% of American adults believe it’s likely that, in the next few years, the US will enter a 1930s like depression.
One big reason for such pessimism is the looming time bomb of the national debt, not at some nebulous point in the distant future, but now. The US national debt is now over $31 trillion, and rapidly rising as the federal government spends more than it takes in, borrowing money to pay the growing shortfall, taking out more loans to pay the previous loans.
The unsustainable national debt in the elephant in the room that the ruling class and the media refuse to talk about. This is a Ponzi scheme being perpetrated on US taxpayers.
A rising national debt is not unique to the current administration. Spending more than we take in seems to be one of few bipartisan issues that leaders of both political parties agree upon. And they seem to be just fine with it, as long as they can spend taxpayer money on their pet projects and reelection efforts. Let’s look back at the past twenty years.
Under President George W Bush, the national debt doubled, from $5 to $10 trillion. President Barack Obama said, “hold my beer” doubling it again under his 8-year term from $10 to $20 trillion. Under President Donald Trump, the debt still crept upwards, but COVID pushed it into the stratosphere, with relief funds and paying Americans to not work. President Joe Biden has kept his foot on the accelerator and now the debt stands at $31 trillion with no sign of slowing, much less stopping.
Today we have double digit inflation, depending on how it is calculated, forcing the US Federal Reserve to raise interest rates to slow the inflation inferno. As Investopedia indicated, to curb inflation,
With inflation at its highest rate in decades, the U.S. Federal Reserve has repeatedly increased benchmark interest rates in recent months. As of October 2022, the federal funds rate ranged from 3% to 3.25%, compared with close to 0% early in the COVID-19 pandemic. While the rate is already the highest since 2008, analysts expect the Fed to keep pushing it up this year.
Time for some basic arithmetic. With the national debt exceeding $31 trillion, each percent increase of the federal funds rate translates into over $300 billion in annual interest payments on the national debt.
Suppose the Fed raises interest rates to 4% to slow or stop inflation. That is a low estimate since the, “Well-respected Taylor rule recommends that interest rates rise one-and-a-half times as much as inflation.” Accepting the government inflation rate as 8.2%, this rule suggests interest rates need to exceed 12% to stop inflation. What if the true inflation rate is higher? Then even these horrific figures underestimate the necessary solution.
12% interest on a $31 trillion debt is $3.7 trillion per year. The federal government is expected to spend $5.9 trillion in 2022, according to the Congressional Budget office, meaning the interest on the debt would be 63% of total government expenditures. That’s to stop inflation. What about just using the current Fed rate hikes?
If the Fed only increases rates to 4%, interest on the national debt would be over $1.2 trillion per year. This is compared to only $300 billion on debt service in 2021. But that is still 20% of the federal budget and climbing as there is no political appetite for cutting entitlements or other promised spending. Raising income tax rates won’t be enough to raise this kind of revenue, and hiking taxes during a recession will only make this entire fiasco far worse.
There is no easy way out of this self-inflicted disaster. The government could certainly print more money to cover the debt service, but that would worsen the inflation they are trying to fight. Creating more inflation to fight inflation may make sense to our brilliant president but not to anyone else.
This would be like consumers maxing out their credit cards, unable to make more than the minimum monthly payment, and asking for a credit increase so they can keep spending, going further into debt. That is exactly where America is headed.
As a real economist Herb Stein once observed, “If something cannot go on forever, it will stop.” This applies not only to the American economy, but also the entire American experiment and society, unless there is a serious course correction. What a choice – runaway inflation or a depression, or both.
There are no good solutions here other than the tough and painful high interest rates and recession that we went through in the early Reagan years to end the Carter era stagflation. Only now the debt is now far larger. It was less than a trillion when Reagan was elected in 1980. Now it is 30 times higher, meaning much greater debt service.
15% interest on a $1 trillion debt was $150 billion in the early 1980s, close to what we have spent today financing our proxy war against Russia. Debt service will soon be greater than the entire federal budget during Reagan’s years.
The Fed has been printing money through “quantitative easing” for over a decade and the chickens are coming home to roost for this massive and reckless printing of easy money. Was this incompetence on the part of the Fed, made up of “supposedly smart” economists? Or was this a deliberate scheme to eventually crash the economy and destroy the middle class?
This would be a good question for Cloward and Piven. Their “strategy” was to implement political crisis to achieve a guaranteed annual income. Watch the news today and see that their strategy, first published in 1966, is playing out in 2022. Crash the economy, wipe out the middle class’s savings and wealth, and “rescue” everyone with a “guaranteed annual income” barely sufficient to cover Nancy Pelosi’s gourmet ice cream consumption.
Ideas like cutting government spending and lowering tax rates to grow the economy are lost on the Biden administration, which is hell bent on doing the exact opposite, continuing to spend money it doesn’t have on Ukraine, renewable energy, student loan forgiveness, and other wasteful endeavors. The Fed’s only option now is to fight inflation by creating more inflation, inflating away our unsustainable national debt, destroying the middle class and the American dream. Only in Washington, DC does this pass for logic.
The current trajectory is to double down on fiscal insanity. As the saying goes, “when in a hole, stop digging”. The current administration is not only continuing to dig but is also bringing in the big earth movers to dig a much deeper hole. This will not end well for America or the world as the mother of all debt bombs is soon due to explode.
True Fact: Hunter Biden took $5 million in a deal with his Chinese business associate Patrick Ho — who he referred to as “the f**king spy chief of China” in a recording on his abandoned laptop.
THE BIDEN CRIME FAMILY
'Abundantly Clear Why His Handlers Have Been Keeping Him Away From Cameras': GOP Rep Rips Biden
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