THE DOCTRINE OF THE N.A.F.T.A. GLOBALIST DEMOCRATS IS TO SERVE THE BILLIONAIRE CLASS WITH ENDLESS WAVES OF INVADING 'CHEAP' LABOR SUBSIDIZED WITH WELFARE FUNDED BY TAXES ON MIDDLE AMERICA.
In many speeches, Mayorkas says he is building a mass migration system to deliver workers to wealthy employers and investors and “equity” to poor foreigners. The nation’s border laws are subordinate to elites’ opinion about “the values of our country,” Mayorkas claims.
Dollar Tree has pulled eggs from its shelves as prices skyrocketed approximately 60 percent since the fall, the news coming as people struggle to make ends meet in President Joe Biden’s (D) economy.
“The chain, which is increasingly a go-to grocery destination for cash strapped shoppers, has roughly 8,000 Dollar Tree stores across the United States and Canada. Its spokesperson said it does not anticipate being able to bring eggs back into its stores for sale until later this fall,” Reuters reported Tuesday.
The price for eggs hit an average of $5 a dozen during the first month of this year, and the price hike was due to a global outbreak of the avian flu.
One social media user commenting on the news wrote, “Going to have to rename it 5 dollar tree at this rate.”
“Build back better,” another person commented in what appeared to be a reference to Biden’s so-called plan to “rebuild the middle class.”
Meanwhile, consumer pricing data from the government reportedly said egg prices dropped 6.7 percent last month.
“Our primary price point at Dollar Tree is $1.25. The cost of eggs is currently very high,” the company’s spokesperson, Randy Guiler, told reporters, adding the store will begin selling eggs again when “costs are more in line with historical levels,” per the Washington Examiner.
Joe Biden: ‘Main Driver of Food Prices’ Is Packaged Goods
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The outlet noted the price for eggs may jump again in April due to the Easter holiday.
In February, Breitbart News reported that data showed egg prices rose by 70 percent in January:
With many consumer categories still being hit hard by inflation, new data from the Bureau of Labor Statistics revealed on Tuesday that inflation for eggs had jumped 8.5 percent from December to January and a total of 70.1 percent year over year (since last January).
…
Besides the prices of eggs rising like the rest of food products, CNBC noted that the higher egg prices are largely due to the deadly outbreak of bird flu in the U.S. CNBC further noted that the disease, a highly pathogenic avian influenza, has killed a record number of birds throughout 2022 and has continued into this year — which also coincided with the winter holidays where eggs are in high demand for all the seasonal cooking and baking.
When asked in January if customers were upset over the high cost of eggs, Morton Williams Supermarket Manager Danny Cowan told Inside Edition, “I think they’re concerned.”
The outlet said Eileen’s Special Cheesecake in New York City was also hurting over the issue because eggs are an essential ingredient in its offerings. According to an employee, the business uses thousands of eggs on an average day:
She said there were things they could do to save and cut corners, but they were not going to resort to those options because it would have an affect on their product.
“We did raise our prices a little bit,” she explained. The outlet noted that since 2022, the average cost of a dozen eggs went from $1.47 to $3.60, per the outlet’s January report.
All Hell Is Breaking Loose In The Stock Market As Major Threats Emerge
All hell is breaking loose on the stock market as major threats emerge in the system. Last week, fear of a financial crisis unleashed widespread chaos across markets, plunging bank stocks and sending shockwaves that could result in a disastrous selloff when trading resumes tomorrow. According to some big market players, conditions are looking a lot like those of 1929. Scary predictions and warnings about what will happen next for stocks don't stop coming, and angst over inflation, interest rates, recession, and systemic risks are making the odds of a brutal stock market crash look more imminent than ever.
Financial markets were already facing a period of extraordinary anxiety over tighter credit conditions, worsening outlooks for businesses, and deteriorating economic conditions when a sudden string of U.S. bank failures exponentially raised the risk of a stock market crash in a span of just seven days.
Right now, investors across stocks, bonds, and commodities are in crisis mode. Several key indications are revealing signs of extreme stress, with some nearing levels last seen during previous turmoils. Optimism has vanished, and now investors are increasingly seeking insurance against a potential flash crash in stocks as they brace for more tumult in the market this week after worries over a banking system collapse shook asset prices over the last week.
All of these developments prompted Tesla CEO Elon Musk to warn that there were frightening similarities between the collapse of Silicon Valley Bank and the crisis that triggered the 1929 Wall Street crash. "Lot of current year similarities to 1929," he said on Twitter Tuesday, in response to a thread by Ark Invest CIO Cathie Wood. In late October 1929, the Dow Jones Industrial Average plunged 23% in two days, signaling the start of the Great Depression. And now Morgan Stanley’s Mike Wilson is alerting about a potential 22% flash stock market crash by the end of this month.
In a new note to clients, Wilson said he sees the S&P 500 falling to a low of 3,000 after the Fed meeting this coming Wednesday, representing a further 22% downside from current levels. Similarly, JPMorgan analysts added that if inflation stays higher than the Fed and investors would like, “it could spark further downside for a March sell-off that appears to have already kicked off.”
On Friday, stocks plummeted as investors pulled back from positions in risky assets. The Dow Jones Industrial Average lost almost 400 points, to close at 31,861.98 points. The Nasdaq Composite slid 0.74%, and the S&P 500 lost 1.10% and is now 5% from February levels. Markets closed at a critical moment. “There’s nervousness into the weekend of: How does this all look on Monday?,” says Keith Buchanan, senior portfolio manager at Globalt Investments. “The market is nervous about holding stocks into that.”
The big question at the moment is how far the contagion will spread in the coming days. Analysts are bracing themselves for another rash of selling Monday morning, and things could get a lot worse than they already are. We will soon find out if they are right. But whatever happens, this is all a sign of a much bigger crisis that will ravage the financial world in 2023. This won’t be just a banking crisis or a stock market crash. It will be an everything collapse that will repercuss for years to come.
15 Great Depression Foods We Will All Be Eating Again Soon
he reality of millions drastically changed after the 1929 stock market crash. All of a sudden, affluent Americans lost everything, middle-class families became poor, and poor households fell into misery. For over a decade, our citizens struggled to make ends meet and many of them didn’t have enough to eat.
Parents would skip meals to feed their children as they were forced to survive on next to nothing. Bread lines extended for miles, and food insecurity became an epidemic. Fast forward to today, and we have what experts call the biggest stock market bubble in history just ready to burst. Even though we have learned a lot since the 1930s, our leaders continued to make the same mistakes. And now more than ever, it’s looking like history is about to repeat itself. The question is: when everything collapses will you be prepared?
According to a very detailed article published on Ask A Prepper by Katherine Paterson, for us to be truly ready for the challenges that are coming for us, we will all need to get creative with our meals. To understand how Americans survived the dark times of the Great Depression, we need to understand how to make our resources last. Back then, essentials including meat, eggs, and milk were in extremely short supply, and people often had to make a little go a long way, as explained by Paterson.
We are already seeing the same shortages happening today. And it’s just a matter of time before another financial disaster throws our economy into disarray. With a little bit of preparation, you won’t have to panic when staples start disappearing from store shelves if you know how to adapt. You don’t need many different ingredients, and you definitely don’t need expensive foods to cook delicious dishes.
Culinary is something very important for our culture. It was through such hearty meals that people had the drive to keep fighting to get out of such challenging situations. Food connects us and gives us a sense of purpose and identity. That’s why it is so crucial to make preparations for when the essentials we rely upon aren’t available anymore. The warning signs of an impending financial and economic meltdown are everywhere. And once it happens, vulnerable supply chains can be broken in a snap of fingers.
Our leaders may have made the same wrongful decisions that put us where our grandparents and great-grandparents were almost a century ago. But that doesn’t mean we can’t make more conscious choices this time around. So get ready now while we’re still experiencing the calm before the storm, because when start to spiral out of control, it may be too late. That’s why in today’s video, we listed some very popular meals that previous generations used to eat during that era because those recipes may soon become handy for all of us as well.
For more info, find us on: https://www.epiceconomist.com/
Be Ready For Evictions As 50% Of American Workers Can’t Afford Rent Prices
Nearly half of all American workers can’t afford rent prices in most U.S. cities, according to a new report. They are at risk of becoming homeless this year as a nightmarish scenario unfolds in the rental market, analysts say. Evictions are spiking again, and in some states, eviction fillings have already soared 40% above pre-pandemic levels. Conditions are tight, with less than 5% of rental units still vacant across the country. As competition amongst renters grows, prices continue rising much faster than incomes at a time job cuts are also increasing. The combination is painting a dire picture for housing affordability, and it is threatening to disrupt the lives of millions of Americans.
A new report from the National Low Income Housing Coalition showed that nearly half of Americans – or about 46% – do not earn enough to rent a one-bedroom apartment. Rents in the U.S. continued to rise in recent years as demand increased due to expensive home prices, and a worker now needs to earn about $21.40 an hour to afford a modest one-bedroom rental. The median wage in the US is about $21 an hour.
And this trend is not just happening in big cities. The report reveals that a two-bedroom rental – a reasonable size for a family – would stretch the budgets of renters in the vast majority of U.S. counties. In California, where the minimum wage is $14 an hour, the cost of housing is so high that the benefit of higher hourly pay is completely erased. Today, a person in California needs to earn $39.03 an hour to afford a two-bedroom apartment and $31.06 for a one-bedroom. That is to say, a minimum-wage worker in the state would have to put in 89 hours every week just to afford the one-bedroom and 112 hours to afford the two-bedroom.
Nationally, the average fair market rent is $1,718 a month for a one-bedroom and $1,956 a month for a two-bedroom, according to the report. In contrast, the average renter’s hourly wage is $18.78, an income that can absorb only $977 a month in rent without being housing cost-burdened. A household living on one minimum wage income can afford even less, $377 a month, the organization showed.
Meanwhile, a nightmarish scenario for evictions is unfolding in the U.S. rental market. A recent GOBankingRates survey found that roughly one-third of Americans, or 32.56%, are worried they won’t be able to pay for rent over the next three months as they face a job loss.
The ripple effects that mass evictions can have on our society are beyond scary. The human toll of losing one's home, community, and sense of security cannot be underestimated. As more and more people are pushed out of their homes and into homelessness, the fabric of our society will start to desintegrate.
In short, the housing crisis is a moral and political crisis, and we cannot afford to ignore the plight of those who are being left behind by our broken housing system. In the end, we must recognize that the problem of mass evictions and soaring rent prices is not a mere economic issue, but a human one. And our country's failure to act now will have dire consequences for generations to come.
Middle-Class Americans Are On The Brink Of Bankruptcy As Hard Times Coming
Millions of American families have lost everything in recent years, and new data shows that middle-class households are going bankrupt at a faster pace than households in other income groups. A scarcity of well-paying jobs, astronomical price increases, and the runaway increase of mortgage rates in an age of stagnant paychecks have all contributed to the financial struggles of middle-class Americans. But at the end of the day, it all boils down to the fact that even with two incomes, becoming and staying in the middle class has never been harder. The current economic downturn is threatening to make things even more complicated for middle-income earners. They are standing on very thin ice, and the cracks are starting to show. Many of them are already on the brink and are likely to the pushed over the edge by an unexpected job loss or emergency expense in the months ahead, experts say.
Middle-class Americans accounted for 66% of personal bankruptcies in the country in 2022. Today, many of the staples of middle-class life such as college education and homeownership carry with them more financial risk, requiring more borrowing and new riskier forms of borrowing, especially at a time of rampant interest rates. And now more than ever, consumer debt has become the go-to pressure valve for squeezed middle-class families. However, more consumer debt puts them in a precarious financial situation, economists say. “It is the people in the middle — not the richest or the poorest — who accumulate the most debt on their credit cards. It is these same people who seek relief in the bankruptcy courts,” highlights economist and management consultant, Amelia Tyagi.
A generation ago, a typical middle-class family with one income committed about 54% of their pay to the basics — housing, health insurance, transportation, and taxes. That is, the one-income family spent about half its income to cover all the bills — “the essential expenses that must be paid even if someone gets sick or loses a job,” Tyagi says. In 2023, these basic expenses, including child care so that both parents can work, consume 75% of the family’s combined income. With 75% of income allocated for fixed expenses, the finances of today’s middle-income households have no margin for error.
“When we think of bankruptcy, we often think of celebrities who have gone broke, companies that failed, and crooks who are trying to cheat the system. But as it turns out, bankruptcy is most common among middle-class Americans,” says MarketWatch financial analyst Jana Kasperkevic. During an interview, bankruptcy lawyer Craig D. Robins emphasizes that nowadays, those who are most likely to file for bankruptcy are middle-class families of the baby-boomer generation – “the typical Long Island family,” he said. “We previously considered middle-class families as a stereotypical group noted for their financial stability and for the vitality they provide to the American economic system. It is the middle-class family, however, that now has become the stereotypical bankruptcy filer,” Robins outlines.
Carrying high levels of debt during such uncertain times may push many of these households over the edge financially in the months ahead. As the recession unfolds, layoffs and the lack of job creation will continue to fuel the personal bankruptcy boom. That’s how you know when a country is broken. The foundation of our economy is desintegrating before our eyes. And many people will be shocked to find out that poverty may be just one headwind away.
15 Common Goods that the Middle Class Can Not Long Afford
Amazon has announced yet another round of layoffs after letting go of 18,000 workers in November. This time the e-commerce giant will lay off 9,000 employees.
CNBC reports that Amazon, one of the world’s largest e-commerce retailers, is preparing to lay off 9,000 more employees in the coming weeks. CEO Andy Jassy made the announcement in a memo to the staff on Monday. This round of layoffs comes on top of the layoff of more than 18,000 workers in November.
Amazon CEO Andy Jassy (Isaac Brekken/AP)
Amazing is laying off employs to cut costs in the business. According to Jassy, the business made the decision considering the “uncertainty that exists in the near future” as well as the current economic climate. The second stage of the company’s annual budgeting process, known as “OP2” internally, has just been completed.
“The overriding tenet of our annual planning this year was to be leaner while doing so in a way that enables us to still invest robustly in the key long-term customer experiences that we believe can meaningfully improve customers’ lives and Amazon as a whole,” Jassy said in the memo.
The areas of Amazon’s business that are expected to be the most impacted are the company’s cloud computing, human resources, advertising, and Twitch livestreaming businesses. After going on a hiring binge during the coronavirus pandemic, the company is currently undergoing its largest round of layoffs ever. By the end of 2021, the company’s workforce had increased from 798,000 in the fourth quarter of 2019 to over 1.6 million.
Jassy, who succeeded Jeff Bezos as CEO of Amazon in July 2021, is also conducting a thorough analysis of the company’s expenses as it deals with the recession and sluggish growth in its core retail business. Amazon stopped hiring for its corporate workforce, shelved some test projects, and slowed the growth of its warehouses.
assy said that he is still optimistic about the firm’s “largest businesses,” which are its e-commerce business and Amazon Web Services. The company still plans to invest in new divisions this year despite its plans to operate more efficiently.
Following the news, Amazon’s stock fell more than two percent during Monday’s afternoon trading.
Manhattan District Attorney Alvin Bragg is essentially using the same legal theory to potentially indict former President Donald Trump that Hillary Clinton’s campaign was fined for, argued former United States Attorney Brett Tolman.
Tolman asserted Saturday that Bragg’s legal theory that Trump tried to hide a campaign expenditure by using his then-lawyer to pay porn actress Stormy Daniels $130,000 in alleged hush money before the 2016 presidential elections would have applied to Clinton when her campaign hid a payment for the phony Russian pee dossier against Trump as “legal fees.”
Former New York City police officer and conservative pundit John Cardillo tweeted, “Bill Clinton paid Paula Jones $850,000 and no one cared.” Tolman tweeted in response, “And the Hillary Campaign was actually fined for hiding the Steele Dossier payment under ‘legal fees’ — essentially the same legal theory on the Stormy Daniels payment the DA is running criminal investigation of Trump.”
Indeed, the Federal Election Commission (FEC) in March 2022 fined Clinton’s 2016 presidential campaign and the Democratic National Committee for not properly disclosing payments for the so-called pee dossier that the DOJ and FBI relied on to investigate Trump for alleged Russian collusion.
Campaigns are supposed to report expenses over $200 and disclose the purpose of the expense. However, the Clinton campaign and the DNC funneled their payments for the dossier — totaling more than $1 million — through the Democrat law firm Perkins Coie.
According to the FEC, Perkins Coie paid opposition research firm Fusion GPS more than $1 million in 2016 for the dossier. Perkins Coie was then paid $175,000 by the Clinton campaign and about $850,000 by the DNC in July and August 2016 — around the same time the FBI claimed they opened their investigation on the Trump campaign.
The payments were not disclosed until Kash Patel, lead investigator for then-House Intelligence Committee Chairman Devin Nunes (R-CA) uncovered them.
The FEC fined the Clinton campaign $8,000 and the DNC $105,000 for reporting the payments as “legal services” and “legal and compliance consulting” instead of as opposition research, the FEC said.
George Washington University law professor and criminal defense attorney Jonathan Turley also noted in a recent column on the potential indictment against Trump that “Hillary Clinton faced a not-dissimilar campaign-finance allegation.” He wrote in The Hill:
Last year, the Federal Election Commission fined the Clinton campaign for funding the Steele dossier as a legal expense. The campaign had previously denied funding the dossier, which was used to push false Russia collusion claims against Trump in 2016, and it buried the funding in the campaign’s legal budget. Yet, there was no hue and cry for this type of prosecution in Washington or New York.
Although Bragg cannot bring charges against Trump for federal violations, Turley said he could bring state charges under Section 175 for falsifying business records, based on the claim that Trump concealed the hush-payments as “legal expenses” to violate federal election laws.
As Turley noted, a Section 175 charge would normally be a misdemeanor, but Bragg could try to convert it into a felony by showing that “intent to defraud includes an intent to commit another crime or to aid or conceal the commission thereof.” The crime, Turley speculated, is that the federal election violations, which he noted the Justice Department previously declined to charge.
Epoch Times show host Hans Mahncke — who followed the Russia collusion hoax closely — also agreed with Tolman: “Probably the most important thing anyone has said since the pending arrest reports came out. Hillary claimed the Steele reports were legal fees. That’s not just essentially the same as what Trump is being charged with, it is the same.”
“Why wasn’t Hillary arrested?” he tweeted to Bragg.
Internet stock traders often follow Nancy Pelosi's purchases and selloffs for investing tips, Business Insider reported, with some suggesting "she's making the big bucks off of insider information."
Nancy Pelosi Sits in SILENCE as Lauren Boebert UNVEIL New Facts on her in Congress
Among the 25 largest U.S. cities, San Francisco has had the highest
property-crime rate in four of the most recent six years for which
data is available, bucking the long-term national decline in such
crimes that began in the 1990s. Property crimes declined in San
Francisco during the first year of the pandemic, but rose 13% in
2021. Burglaries in the city are at their highest levels since the mid
1990s. There were 20,663 thefts from vehicles last year—almost 57
a day—a 39% increase from the prior year, although still below the
record of 31,398 in 2017, according to the police. Zusha Elinson
“Our entire crony capitalist system, Democrat and Republican alike, has become a kleptocracy approaching par with third-world hell-holes. This is the way a great country is raided by its elite.” Karen McQuillan
SAUDI DIRTY MONEY ENDS UP IN THE CLINTON FOUNDATION FAMILY SLUSH FUND
“Protect and enrich.” This is a perfect encapsulation of the Clinton (LAWYERS-2) Foundation and the (LAWYERS-2) Obama book and television deals. Then there is the Biden (LAWYERS-3) family corruption, followed closely behind by similar abuses of power and office by the (LAWYER) Warren and Sanders families, as Peter Schweizer described in his recent book “Profiles in Corruption.” These names just scratch the surface of government corruption (YOU CAN ADD LAWYER KAMALA HARRIS AND LAWYER CHUCK SCHUMER TO THE PATHEION OF DEMOCRAT BRIBES SUCKING CORRUPT LAWYER POLITICIANS!). BRIAN C JOONDEPH
One topic that Hillary is quick to criticize President Trump on is his relationship with Saudia Arabia. It’s ironic given the Clinton Foundation’s refusal to state that they will no longer accept financial donations from The Kingdom as others have.
“Our entire crony capitalist system, Democrat and Republican alike, has become a kleptocracy approaching par with third-world hell-holes. This is the way a great country is raided by its elite.” ---- Karen McQuillan
Breitbart Business Digest: Nancy Pelosi Headed to Stock Trading Hall of Fame; FTX Gets the Clown Emoji
Speaker Nancy Pelosi (D-CA) announced Thursday that she would retire from House leadership. She has earned a spot in history for breaking barriers, succeeding in what was formerly a man’s world, and advancing a left-wing agenda more effectively than nearly any individual in American politics.
But the Breitbart Business Digest believes Pelosi’s career ought to be defined in a different way: She is the most infamous—and one of the most successful—stock traders of all time. Her personal wealth has soared to nine figures and beyond since the financial collapse of 2008. This is largely attributed to stock trades made by her husband, Paul; and those trades were often concentrated in businesses and industries propped up by Nancy’s political policies. As famously documented by Breitbart Senior Contributor Peter Schweizer, Nancy Pelosi’s stances shifted consistently as her family made money. Currently—and thanks in part to the Speaker herself—most, if not all, of this appears to be legal.
Pelosi is slow-walking an utterly reasonable (and necessary) ban on congressional stock trading. Something like that is almost guaranteed to become a part of the platform for any Republican seeking the White House in 2024—unless Joe Biden signs something into law along these lines first. Though she will remain in the Congress, at least for now, Pelosi’s tenure in leadership has come to an end. What does the future have in store for the soon-to-be former Speaker? We certainly hope it’s seminars, newsletters, or masterclasses on how to dominate the trading game while still soaring to historic heights at your day job.
Nancy and Paul Pelosi (Photo: UPI)
Though his retirement is not confirmed, Brian Deese, Biden’s top economic advisor and a BlackRock alumnus, is reportedly looking for an offramp from his post as National Economic Council Director in 2023. He’s largely responsible for the Bidenflation and America’s reluctance to tap our own natural resources despite soaring energy prices. So, good riddance, but he’ll likely be replaced by someone equally as bad.
Also on Wednesday, the Philadelphia Fed released their factory activity index, and it showed a large and unexpected drop from already low estimates. This gauge measures manufacturing in the mid-Atlantic region. While a negative 8.7 number was posted in October, November’s number came in at -19.4 percent. The expectation was -6.0 percent. New orders also weakened from already low numbers. Given that inflation is continuing at a rapid pace, these numbers might be even worse than they appear on paper.
FTX’s CEO John Ray III (famous for restructuring Enron) referred to his new company as a “complete failure” with an “absence of trustworthy financial information.” The company’s bankruptcy filing, released today, made this saga even more surreal. Most of FTX’s digital assets have not been secured, and no one appears to know who the company’s biggest creditors are. But perhaps more amusingly and horrifyingly, the company was paying for its employees’ luxury housing, and disbursements were approved via personalized emojis in a company chat. As murky as things stand as of now, one thing is clear: FTX calls for a double clown emoji.
1. Conspiracy or defrauding the United States
2. Wire fraud
3. Conspiracy to commit wire fraud
4. Violation of the Foreign Agents Registration Act
5.
Violations of the Foreign Corrupt Practices Act
6.
7. Violations of the Victims of Trafficking and Violence Protection Act of 2000
8. Tax evasion
9. Money laundering
GOP Rep. Comer: ‘Joe Biden Was Actively Involved in Hunter’s Shady Business Dealings’
During Thursday’s broadcast of FNC’s “Special Report,” Rep. James Comer (R-KY), the ranking member of the House Oversight Committee, argued President Joe Biden was aware of his son Hunter Biden’s “shady” business dealings.
Comer told host Bret Baier it was possible that was guiding Biden administration policy.
“What we proved today was, first of all, Joe Biden lied to the American people when he said he had no knowledge of Hunter Biden’s shady business dealings,” he said. “OK, that is a complete lie. He also denied having any financial benefit from — from Hunter Biden. What we have proven today is not only did he know about Hunter’s shady business dealings with our adversaries in Ukraine, Russia and China, but he also was going to be an active part of that. We showed an e-mail that Hunter Biden sent to a property owner just outside of Washington, D.C. when they were nailing down office space. And he said, I need three extra keys, one for his Chinese partner, who is closely aligned with CCP, one for Jim Biden, and one for Joe Biden.”
“So, there are also e-mails that show that Hunter Biden was involved, that his dad was going to be a 10% equity stakeholder,” Comer continued. “We know the Gilliar comments and the Bobulinski comments that both have identified Joe Biden as being the big guy who’s going to get a 10% ownership stake. So, Joe Biden was actively involved in Hunter’s shady business dealings. And maybe that’s why we’re getting such bad policy. We learned today that one of their business propositions was to try to get China’s foot in the door on the American natural gas industry. I think the American people need to know that. And is that — has that compromised this administration?”
In 2018 and 2020, Breitbart Senior Contributor and Government Accountability Institute President Peter Schweizer published Secret Empires and Profiles in Corruption. Each book hit #1 on the New York Times bestseller list and exposed how Hunter Biden and Joe Biden flew aboard Air Force Two in 2013 to China before Hunter’s firm inked a $1.5 billion deal with a subsidiary of the Chinese government’s Bank of China less than two weeks after the trip. Schweizer’s work also uncovered the Biden family’s other vast and lucrative foreign deals and cronyism. Breitbart Political Editor Emma-Jo Morris’ investigative work at the New York Post on the Hunter Biden “laptop from hell” also captured international headlines when she, along with Miranda Devine, revealed that Joe Biden was intimately involved in Hunter’s businesses, appearing to even have a 10% stake in a company the scion formed with officials at the highest levels of the Chinese Communist Party.
Members of the newly controlled Republican House on Thursday announced an investigation into the Biden family business and whether President Joe Biden is compromised by the family’s business schemes.
Rep. James Comer (R-TN), the top Republican on the Oversight Committee, announced during a press conference that the Biden family will be investigated for the following violations:
1. Conspiracy or defrauding the United States
2. Wire fraud
3. Conspiracy to commit wire fraud
4. Violation of the Foreign Agents Registration Act
5.
Violations of the Foreign Corrupt Practices Act
6.
7. Violations of the Victims of Trafficking and Violence Protection Act of 2000
8. Tax evasion
9. Money laundering
10. Conspiracy to commit money laundering
“I want to be clear, this is an investigation of Joe Biden,” Comer stated. “The Biden family’s business dealings implicate a wide range of criminality from human trafficking to potential violations of the constitution.”
“In the 218th Congress, this committee will evaluate the status of Joe Biden’s relationship with his families foreign partners and whether he is a president who is compromised or swayed by foreign dollars or influence,” he said.
“We are also sending letters to the Biden administration and Biden family associates renewing our request for voluntary production of documents relevant to this investigation,” Comer continued before stating Joe Biden lied about having knowledge about his family’s business dealings.
“This is an investigation of Joe Biden, the president of the United States, and why he lied to the American people about his knowledge and participation in his family’s international business dealing schemes,” Comer said. “National security interests require to conduct an investigation and we will pursue all avenues – avenues that have long been ignored.”
Comer then listed a number of crimes that members of the Biden family may have committed, according to uncovered evidence by House Republicans.
“These include conspiracy or defrauding the United States, wire fraud, conspiracy to commit wire fraud, violation of the Foreign Agents Registration Act, violations of the Foreign Corrupt Practices Act, violations of the Trafficking Victims Protection Act, tax evasion, money laundering, and conspiracy to commit money laundering,” Comer said.
Comer added that additional evidence suggests the Biden family tried to aid the Chinese’s purchase of American assets.
“We find evidence that Hunter Biden and Joe Biden were involved in a scheme to try to get China to buy liquified natural gas,” Comer said. “People are in outrage over China buying farmland in the Dakotas. What about China starting to buy into our American energy industry?”
Joe Biden and his staff have claimed at least seven times that the president has not been involved in the family business, yet more than 17 pieces of evidence suggest Joe Biden has played an influential role in his son Hunter and brother James’s activities.
Fifty-eight percent of voters believe that Joe Biden has played a role in his family’s business dealings. Sixty percent say Hunter Biden has sold “influence and access” to the president.
The impending arrest of former president Donald Trump has sparked reactions from the former president’s detractors on social media.
After Trump announced via Truth Social Saturday morning he would be arrested on Tuesday pursuant to an investigation by the Manhattan District Attorney’s Office, several Trump critics responded derisively on social media.
Actor George Takei wrote a sarcastic message on Twitter:
Who among us haven’t participated in a scheme to pay hush money to a porn star on the eve of a national election and then hide those payments illegally?
If they can come for Trump, they can come for you!
Social media influencer and rabid Trump critic Brian Krassenstein wrote on Twitter that Trump “will be booked and fingerprinted as any alleged criminal is.”
Left-leaning journalist Aaron Rupar noted the discordance between Trump’s impending arrest and planned campaign activities.
“In the last couple hours we learned that Trump reportedly plans to surrender to authorities if indicted and he also plans to hold a rally next weekend in Waco. Normal presidential campaign stuff,” he wrote in a tweet.
Anti-Trump Republican former Rep. Adam Kinzinger (IL) wrote in response to Rep. Marjorie Taylor Green (R-GA):
You break the law, you go to jail.
Whomp whomp marj.
Rep. Eric Swalwell (D-CA) alleged that Trump had publicly announced both the upcoming arrest and the August raid of Mar-a-Lago to promote “acts of violence in his name.”
Similarly, former Speaker of the House Nancy Pelosi (D-CA) described Trump’s post as “reckless” and claimed the former president’s messaging was geared toward “keeping himself in the news & to foment unrest among his supporters.”
After House Speaker Kevin McCarthy (R-CA) described the coming arrest as “an outrageous abuse of power” and “politically moviated” Amy McGrath, the Democratic nominee in Kentucky’s 2020 Senate election, Amy McGrath, the Democratic nominee in the 2020 Senate election, responded,called the speaker “weak” and spineless.”
Rep. Adriano Espaillat (D-NY) also mocked the speaker’s message, suggesting McCarthy was, “cowering to Trump and MTG.’
