CA HAS THE LARGEST NUMBER OF HOMELESS AND THE LARGEST NUMBER OF ILLEGALS. NOT HARD TO DO THE MATH ON THAT!
California: the Decline of the American Dream
BIDENOMICS ON THE STREET BEYOND THE BIDEN REGIME SPIN
every store is CLOSED in Ocean Ave San Francisco
“Protect and enrich.” This is a perfect encapsulation of the Clinton Foundation (TWO GAMER LAWYERS - OWNED BY GEORGE SOROS) (WHAT ABOUT THE CHINA BIDEN PENN CENTER?) and the Obamas (TWO GAMER LAWYERS - OWNED BY GEORGE SOROS) book and television deals. Then there is the Biden family (FOUR GAMER LAWYERS - JOE, HUNTER, JAMES, FRANK - OWNED BY GEORGE SOROS AND LARRY FINK OF BLACKROCK) corruption, followed closely behind by similar abuses of power and office by the (GAMER LYING 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 (ADD GAMER LAWYER KAMALA HARRIS (OWNED BY GEORGE SOROS) AND HER LAWYER HUSBAND AND THE BANKSTERS’ RENT BOY, (GAMER LAWYER) CHUCK SCHUMER, OWNED BY LARRY FINK OF BLACKROCK WHO OWNS A BIG PIECE OF THE ‘BIG GUY’ JOE, AND GEORGE SOROS’ RENT BOY (GAMER LAWYER) TONY BLINKEN, AS WELL AS CON MAN (GAMER LAWYER) ADAM SHIFF AND HIS CORRUPTNESS (GAMER LAWYER) BOB MENENDEZ STILL EVADING PRISON, AND NOT BE VERY LEAST, (GAMER LAWYER) ERIC SWALWELL, THE CHINESE SPY AND HO CHASING BRIBES SUCKER, AND OF COURSE, PREDATOR LAWYER AND COVID LIAR (GAMER LAWYER) ANDREW CUOMO.
BRIAN C JOONDEPH
Joe Biden’s America: Wealthiest 1% Set Record with $44 Trillion Total Net Worth
The wealthiest one percent in President Joe Biden’s America set a record with a net worth of $44 trillion at the end of the fourth quarter, U.S. Federal Reserve data revealed.
Biden casts his administration as opposed to the widening wealth gap, even though a majority of Americans still live paycheck to paycheck, a recent LendingClub study found, raising concerns that so-called “Bidenomics” failed to help average Americans.
A majority of voters are “worse off financially” under Biden, up 25 points since he assumed office in 2021, a Fox News poll found Wednesday.
The fourth quarter gains resulted from stock holdings, thanks to an end-of-year rally, CNBC reported:
The total net worth of the top 1%, defined by the Fed as those with wealth over $11 million, increased by $2 trillion in the fourth quarter. All of the gains came from their stock holdings. The value of corporate equities and mutual fund shares held by the top 1% surged to $19.7 trillion from $17.65 trillion the previous quarter.
While their real estate values went up slightly, the value of their privately held businesses declined, essentially canceling out all other gains outside of stocks.
The quarterly gain marked the latest addition to an unprecedented wealth boom that began in 2020 with the Covid-19 pandemic market surge. Since 2020, the wealth of the top 1% has increased by nearly $15 trillion, or 49%. Middle-class Americans have also seen a rising wealth tide, with the middle 50% to 90% of Americans seeing their wealth increase 50%.
A U.S. Federal Reserve chart shows the wealth of the top one percent in America.
Wendell Husebo is a political reporter with Breitbart News and a former GOP War Room Analyst. He is the author of Politics of Slave Morality. Follow Wendell on “X” @WendellHusebø or on Truth Social @WendellHusebo.
The Democrat party is a Potemkin village
"Most people see what they expect to see, what they want to see, what they've been told to see, what conventional wisdom tells them to see - not what is right in front of them in its pristine condition." --Vincent Bugliosi
A Potemkin village is a façade, an attempt to fool people into believing things are better or different than they are.
Nothing has revealed the shallow, empty façade of the Democrat party like the rather obscene fundraiser held Thursday night at Radio City Music Hall.
Joe Biden’s campaign is going so badly that Barack Obama and Bill Clinton were resurrected from the shadows to bolster Biden’s sinking polling numbers.
Whoever is running the campaign apparently thinks people are so stupid that getting those two former presidents on board will fool voters into thinking Biden is not the failed, demented, callous man he is.
So along with Obama and Clinton they gathered up some reliably lefty performers like Queen Latifah, the quite unappealing Lizzo, and a few others with whom most people are unfamiliar to put on a show. Missing was Sean Combs, better known as P. Diddy, who campaigned vigorously for Biden in 2019. He got his home raided by police last week for a host of serious crimes: sex trafficking of minors, drug dealing and abuse, etc.
One can’t help but wonder if Combs and Hunter were party pals since they have similar lifestyle tastes.
According to the media, there were five thousand people in attendance, many of whom paid as much as five hundred thousand dollars to attend. A picture with the three presidents cost one hundred thousand dollars.
It was a disgraceful event, especially since the funeral of the most recently murdered policeman killed in New York was taking place a few miles away.
That is where President Trump was. Biden hardly, if at all, acknowledged this most recent senseless murder by yet another thug with so many previous violent crimes to his name, he should not have been on the streets. Biden similarly ignored the murder of Laken Riley by one of the ten million illegal aliens he has ushered into the country. Biden and his Marxist handlers could not care less about the victims of their soul-crushing policies. These are cruel and corrupt people. Their shabby bit of cheap and tawdry theater that allegedly raised $25 million only proves how unethical and tone deaf they truly are. They are about one thing, one thing only – money.
Who are those five thousand people who paid obscene amounts of money to wallow in the imagined glow of Obama, Clinton and Biden?
They are one-dimensional charlatans, self-appointed elites who think that being a Democrat makes them superior beings. Their relentless virtue-signaling would be amusing if it were not so eternally predictable. Outside of the event, about five hundred of their former and current base protested Israel’s self-defensive war against the terrorist organization, Hamas. This is ironic because those in attendance probably agree with the protestors.
The pro-Hamas, hate-Israel crowd are as one with the hate-America throng wildly applauding for a president that has brought America to the brink of disaster on every score – economic, national security, militarily and our sovereignty. Our judicial system has been Stalinized; Democrats are free to break all laws, conservatives will be punished severely for minor infractions. Our law enforcement agencies have been thoroughly weaponized.
Rampant crime is the chaos the Democrat party needs to further its agenda.
What has been done to the people who were present at the Capitol on January 6 is Stalinist in the extreme as is the lawfare perpetrated against Trump.
On top of that, Biden intentionally destroyed the energy independence we enjoyed under Trump. His open border has forever altered the demography of the nation and not in a good way. The migrants pouring over the border are not coming to be productive citizens; they are coming to be taken care of by American taxpayers. They are not grateful for what they are receiving, and they expect more. That’s what we get when other countries are emptying their prisons and mental institutions and sending their worst our way.
Democrats routinely, endlessly present themselves as the party of democracy while they censor narratives and opinions they do not like.
They abhor the Constitution because, as Obama often noted, it is a document of negative rights; it lays out what the government must not do.
That the SCOTUS is right now weighing the value of the First Amendment tells us just how far they have succeeded to that end.
The Democrat party as a democratic institution is a false front.
It has no interest in the freedom of individual citizens. We are each only members of one or another identity group to them. We are oppressors or oppressed, white or minority, labeled according to our sexual orientation – LGBTQ++ or not. The party as currently constituted means to control every aspect of how we live, the more constrained the better.
For example, mandating EVs without building a requisite number of charging stations is just one way they strive to restrict our movement. The party loves to rage against Trump as an authoritarian but we’ve never had to endure a president more authoritarian than Joe Biden.
This Democrat party has to be commended for its hive mind – not one of them deviates from the mandated party line. They are not allowed to think for themselves. One has to assume that their leadership has something, some sort of leverage, on every one of them.
If Republicans were similarly of like mind, the country would not find itself in the grave state of near destruction that it currently is. Republicans present not a Potemkin village front but a fractured one which has rendered them self-destructive losers who infuriate their constituents. RINOs like Mitt Romney, Lisa Murkowsky, Ken Buck, et al. are happy to betray their once-declared conservative tenets because they have no core values.
Like the Democrats who bow down in servitude to their leaders, those rascally Republicans think nothing of betraying those who voted for them. They do not care, they feel no allegiance to them. Like the Democrats, it is all about, only about, getting and keeping the power to get rich and stay rich. The American people therefore have very few men and women in power who have their best interests at heart.
Who does?
Trump does. That’s why they have to destroy him. The Democrat party is not what it pretends to be. The truth is that it is waging war against the American people while faking it all the way to the bank. That is what that Radio City extravaganza was all about. It takes money to cheat and they will cheat again.
“Deception is a developed art of civilization and the most potent weapon in the game of power.” --Robert Greene
Image: Erica Fischer, via Flickr // CC BY 2.0
Americans’ Savings Rate and Real Disposable Income Fall in February
Both inflation-adjusted (“Real”) Disposable Personal Income (DPI) and the average American’s personal savings rate declined sharply in February, data released Friday by the U.S. Bureau of Economic Analysis (BEA) show.
Seasonally-adjusted Disposable Personal Income, rose 0.2 percent in February, recording the slowest month-to-month growth since last October (also 0.2 percent).
In real terms, however, disposable personal income (personal income less personal current taxes), declined 0.1 percent, based on chained (2017) dollars. Real DPI had been rising at a decreasing rate (month-to-month), from 0.4 in November, to 0.2 in December, to 0.0 in January, before February’s decline.
Real Personal Consumption Expenditures (PCE) rose 0.4 percent, following January’s 0.2 percent drop and December’s 0.5 percent rise.
With real disposable income down and expenditures up, Americans’ personal savings rate fell to the lowest level in more than two years. On January 1, 2024, the savings rate was 4.1 percent. By February 1, it had dropped to 3.6 percent – the lowest savings rate since it was 3.4 percent on December 1, 2022.
The business and economic reporting of CNSNews.com is funded in part with a gift made in memory of Dr. Keith C. Wold.
Joe Biden Breaks Public Support for ‘Skilled’ Migration
Voter support for the legal inflow of white-collar, college-graduate migrants has plunged amid President Joe Biden’s mass inflow of more than seven million southern migrants, according to a survey by the Associated Press.
The growing opposition is likely caused by Biden’s accelerating inflow of foreign visa workers for the professional careers sought by millions of Democrat-leaning, white-collar college graduates. For example, the Indian outsourcing firm, Tate Consulting Services, is being sued for firing Americans to help transfer U.S. jobs to cheaper and subordinate Indian migrants, according to a lawsuit described in the March 29 Wall Street Journal.
The huge legal inflow of white-collar migrants into U.S. jobs via the nation’s airports gets little press, partly because progressives, lobbyists, and establishment media outlets prefer to focus Americans’ attention on grateful southern migrants.
The new Associated Press survey showed that just 41 percent of 1,282 Americans see a “major benefit … [from migrant] skilled workers in fields like science and technology.”
That “major benefit” share is down by almost one-third compared to the 59 percent share in 2017:
A graphic shows how likely U.S. adults are to say skilled workers are a “benefit” to legal immigration, via an AP-NORC poll (AP-NORC Center for Public Affairs Research).
Among Democrats, the “major benefit” response fell from 71 percent to 52 percent, the poll, which was conducted March 21-25, shows.
Among Republicans, the share fell from 51 percent to 33 percent — or less than the 36 percent who say “Not a benefit at all.”
Overall, the share of Americans who responded “Not a benefit at all” jumped 8 percent in 2017 to 28 percent in 2024.
The 28 percent opponents included roughly one in six Democrats. The Democrat opposition is sharply up from just 4 percent in 2017.
This shift likely creates a Republican’s opportunity to reduce Biden’s huge advantage among college graduates. Many of the graduates would support a candidate who protects them from corporate outsourcing and migration.
In 2016, candidate Donald Trump promised reforms to the H-1B program. He pushed some fixes — including a 2020 suspension of the corruption-ridden programs — but the promised reforms were foiled by covert, investor-backed opposition in his own administration:
The Associated Press survey echoes the data from Rasmussen Reports, which runs a long-term survey of attitudes toward migration. The survey asks likely voters, “Should Congress increase the number of foreign workers taking higher-skill U.S. jobs or does the country already have enough talented people to train and recruit for most of those jobs?”
The March 21 survey of 1,000 likely voters shows that 64 percent oppose importing skilled migrants. Just 23 percent favor importing more workers.
In a December 2019 survey, the respondents split 58 percent opposition to 28 percent support.
Since 1990, the federal government has allowed U.S. companies to import millions of long-term temporary workers for white-collar jobs. Many of the visa workers were allowed to get green cards and stay in their jobs. Many others took their jobs back to India or China when they went home.
Currently, the federal government is providing companies with a “Green Card Workforce” of roughly 1.5 million white-collar visa workers. Many work for low salaries and long hours in the hope of getting green cards and citizenship. The visa workers are imported via the H-1B, OPT, CPT, H4EAD, TN, L-1, and J-1 programs, as well as the B-1/B-2 loophole.
The result is a massive loss of white-collar jobs, white-collar salaries, white-collar cloud in the Fortune 500, and white-collar prosperity and political clout.
Despite the massive damage to the U.S. professional classes and U.S. innovation, this government-boosted white-collar outsourcing has gotten very little publicity from U.S. journalists. The Wall Street Journal report, however, sketched the national trend:
A U.S. visa program for skilled foreign workers has long stoked concerns over American workers losing their jobs to lower-paid foreigners. Now a group of experienced American professionals is accusing an Indian outsourcing giant of firing them on short notice and filling many of their roles with workers from India on H1-B visas.
…
The complaints revive questions about how Indian IT companies use H-1B visas. The visas are designed for skilled foreign workers but have for years led to concerns that Americans are being displaced by cheaper foreign workers with lesser qualifications. Companies apply for visas on behalf of workers and aren’t required to demonstrate that Americans with those skills are unavailable.
…
The American former TCS employees are Caucasians, Asian-Americans and Hispanic Americans ranging in age from their 40s to their 60s and living in more than a dozen U.S. states. Many have master’s of business administration or other advanced degrees, according to the complaints, which were viewed by The Wall Street Journal.
In December 2022, bipartisan opposition defeated an investor push to dramatically expand the white-collar outsourcing programs that have spiked stock prices while crippling innovation at many U.S. companies, including Twitter, Boeing, Theranos, and Intel.
The government-incentivized failures have allowed China to seize the technological lead in many critical areas, including 5G telecommunications, by subordinating U.S. professionals’ workplace clout to the investors’ stock-market priorities:
