JOE BIDEN - FOLKS, YOU ALL KNOW I'M IN BED WITH THE CRIMNALS ON WALL STREET - BUT I STILL STAGE MY POPULIST SHIT - HERE'S SOME MORE: Joe Biden Blames Record High Energy Prices on Oil Companies, Calls for Investigation

 

Joe Biden Blames Record High Energy Prices on Oil Companies, Calls for Investigation

AP Photo/Alex Brandon

WENDELL HUSEBØ

17 Nov 20210

2:21

President Joe Biden on Wednesday dodged responsibility for record-high energy prices and asked the Federal Trade Commission to investigate oil companies for “anti-competitive behavior.”

With nationwide gas prices reaching historic highs, inflation marking a thirty-year high, and a supply chain that seems permanently broken, President Biden is presumably seeking to escape responsibility for his failed energy agenda by placing blame on oil companies.

“I do not accept hard-working Americans paying more for gas because of anti-competitive or otherwise potentially illegal conduct,” President Biden said. “I therefore ask that the Commission further examine what is happening with oil and gas markets, and that you bring all of the Commission’s tools to bear if you uncover any wrongdoing.”

“The Federal Trade Commission has authority to consider whether illegal conduct is costing families at the pump,” Biden referenced the record-setting gas prices around the country. “I believe you should do so immediately.”

President Biden’s request for the agency to investigate oil companies comes as the Biden-Harris administration has conducted a regulatory war on American energy.

Just after taking office, Biden revoked the Keystone XL Pipeline. The pipeline would have transported 35 million gallons of crude oil per day from Nebraska to the Gulf Coast.

Biden has also allowed Russia to access European energy markets by building a pipeline from Russia to Germany. The project is a direct hit to American producers who sell oil to European nations.

President Biden is also weighing whether to cancel a 78-year-old Line 5 oil Michigan pipeline. The pipeline may be terminated because 12 federally recognized tribes asked the administration to do so.

According to a Politico/Morning Consult poll on Wednesday, just 40 percent of registered voters approve of Biden’s energy policies. The poll also revealed the majority of voters believe President Biden is untrustworthy, dishonest, and incapable of leading the nation.

Follow Wendell Husebø on Twitter @WendellHusebø

 BIDENOMICS REALITY THEY DON'T WANT YOU TO SEE!

MISERY AHEAD, $300 OIL, ECONOMIC PAIN JUST BEGINNING, ENDLESS DIGITAL MONEY, RETIRE IN DEBT

https://www.youtube.com/watch?v=MhpEXsRduIo

This Is How They Intend To Get Us To “You Will Own Nothing And Be Happy”

https://www.youtube.com/watch?v=nfgwNWwbVhg

NEW DEFAULT WARNINGS, INFINITE SPENDING REQUIRED, CREDIT CARD SPENDING SPLURGE

https://www.youtube.com/watch?v=02Y45KSydsc

Fed Fears a Major Financial Panic

https://www.youtube.com/watch?v=mh9albm4l5c

Nolte: Washington Post — Biden Plan Builds the Wealthy Back More than Anyone Else

ROBERTO SCHMIDT/AFP via Getty Images

JOHN NOLTE

17 Nov 20210

5:25

Even the far-left Washington Post has been forced to admit that His Fraudulency Joe Biden’s $1.75 trillion Build Back Better (BBB) boondoggle benefits millionaires and billionaires more than anyone else.

Back in 2017, then-President Trump and the Republican congress increased taxes on the wealthy by removing a federal tax loophole that essentially forced non-wealthy federal taxpayers to pay for a loophole that primarily benefited the top ten percent of income earners.

What Trump did was put a $10,000 cap on the amount of taxes you paid to your state that you could turn around and deduct from your federal income taxes. Prior to this cap, the wealthy (who are really the only ones who ever pay more than $10,000 in state taxes) could deduct every penny paid to the state from their federal income tax. This deduction was unlimited.

This is called the SALT cap, or State and Local Tax cap.

In other words, if CNNLOL chief Jeff Zucker paid $1.5 million in state and local taxes to New York, he could then deduct that entire $1.5 million from his federal income tax. This means he was not paying any federal income tax on $1.5 million of his income.

Pretty sweet, eh?

Jeff Zucker, President of CNN, is interviewed during a Financial Times Future of News event March 22, 2018 in New York. (DON EMMERT/AFP/Getty Images)

This is one of the ways the income tax system was rigged to benefit the wealthy and Blue States. This allowed the Blue States, such as New York or California, to tax the rich at obnoxiously high levels without scaring them into moving to a lower tax state. The rich didn’t mind paying these obnoxiously high state tax rates because they could avoid federal income taxes on all that income. So, instead of the taxes from Zucker’s $1.5 million going to the federal government, where we all benefit, any taxes paid on it went to his Blue State.

Remember when Democrats were the Tax The Rich party?

Well, those days are now so over that, at the time, Democrats tried (and failed) at all kinds of schemes to protect the rich from this tax increase.

Oh, and now, Biden’s vaunted Build Back Better plan, which is being sold as a populist program, primarily benefits the top ten percent by raising the SALT cap from $10,000 to $80,000.

Per the far-left Washington Post:

[The increase in the SALT cap is] the second-most expensive item in the legislation over the next five years, more costly than establishing a paid family and medical leave program, and nearly twice as expensive as funding home-medical services for the elderly and disabled, according to an analysis by the Committee for a Responsible Federal Budget.

The study showed the SALT deduction would primarily benefit the top ten percent. Again, the numbers are staggering [emphasis added]:

“Over the next five years, raising the SALT cap would provide a tax cut only to those who itemize their taxes and pay more than $10,000 in state and local taxes — a group overwhelmingly made up of the wealthy. A recent analysis from the Tax Policy Center says the tax cut will benefit primarily the top 10 percent of income earners, with almost nothing flowing to middle- and lower-income families.

So what Biden wants to do is pass this MASSIVE $1.75 trillion bill, which will mean even higher food and energy prices due to the additional inflation all this spending will cause. He wants to explode the deficit further, and the bill benefits the wealthiest people in the country more than anyone else.

People wait in line to purchase groceries Monday, Feb. 15, 2021. (AP Photo/David J. Phillip)

Here’s the kicker. No one benefits more; no one even comes close to benefitting more than the top one percent. They will receive a federal tax cut of nearly $15,000 per year, compared to ZERO for the bottom seventy percent.

A view of fruit and vegetables at an area grocery store August 12, 2021, in Washington, DC. (BRENDAN SMIALOWSKI/AFP via Getty Images)

As my colleague John Binder wrote this week:

President Joe Biden’s “Build Back Better Act,” a filibuster-proof $1.75 trillion budget reconciliation package, gives $625 billion in tax cuts to the nation’s wealthiest blue state residents.

Slipped into the reconciliation package are hundreds of billions of dollars worth of tax cuts for the Democrat Party’s wealthiest donors, that would be paid for by America’s working and middle class.

…

“Roughly 98 percent of the benefit from the increase would accrue to those making more than $100,000 per year, with more than 80 percent going to those making over $200,000,” prior analysis from the Committee for a Responsible Federal Budget noted.

Biden is spending trillions of dollars and giving the people who need it least most of the money.

A poster showing gas price increases is seen as Sen. John Barrasso (R-WY) speaks alongside other Republican Senators during a press conference on rising gas an energy prices at the U.S. Capitol on October 27, 2021 in Washington, DC. Republicans are placing blame on the Biden Administration for the quickly rising gas prices this year as predictions estimate that heating costs this winter will rise significantly as well. (Samuel Corum/Getty Images)

You know, I’m not a tax-the-rich type person, but what drives me to distraction are loopholes and carve-outs, is how corporatists such as Biden and Nancy Pelosi bastardize the tax code to benefit their pals and donors. It’s corrupt and rigged, and grossly unfair.

It’s also deceptive. Biden and Pelosi are running around pretending to care about the little people as they push what amounts to a $1.75 trillion slush fund that is certain to make an already crippling inflationary crisis even worse, a crisis that hits the poor and working-class harder than anyone else.

The rich get $15,000 they don’t need, and our gas and food bills get even more expensive.

Follow John Nolte on Twitter @NolteNC. Follow his Facebook Page here.

BIDEN - PELOSI MADE SURE THERE WAS A HUGE TAX BREAK FOR THE RICH WHO PURCHASED ELECTRIC - AFTER ALL, PELOSI IS HEAVILY INVESTED IN TESLA STOCK. IT PAID OFF THAT TESLA WAS HANDED MILLIONS IN CORPORATE WELFARE.

Pelosi Pushes Electric Vehicle Subsidies As Husband’s Tesla Stock Soars

THE DEMOCRAT PARTY'S BRIBES SUCKING KLEPTOCRACY

Watters' World' investigates Nancy Pelosi's financial dealings

https://www.youtube.com/watch?v=3M4QZJxb9Dw

ROUGH ECONOMIC TIMES AHEAD, HOW ARE YOU INVESTING, ELON MUSK SELLING STOCK

https://www.youtube.com/watch?v=N-PlWX0NAKk

Joe Biden, Democrats Seek $625 Billion Tax Cut for Wealthy Coastal Elites

SAUL LOEB/AFP via Getty Images

JOHN BINDER

15 Nov 20210

3:04

President Joe Biden’s “Build Back Better Act,” a filibuster-proof $1.75 trillion budget reconciliation package, gives $625 billion in tax cuts to the nation’s wealthiest blue state residents.

Slipped into the reconciliation package are hundreds of billions of dollars worth of tax cuts for the Democrat Party’s wealthiest donors, that would be paid for by America’s working and middle class.

A newly released analysis of Biden’s budget finds that plans to increase the State and Local Tax (SALT) deduction cap from its current $10,000 to $80,000 would effectively amount to a $625 billion tax for the wealthiest of Americans living in blue states.

The analysis reveals that “a household making $1 million per year will receive ten times as much from SALT cap relief as a middle-class family will receive from the child tax credit expansion.”

(Chart via Committee for a Responsible Federal Budget)

“Roughly 98 percent of the benefit from the increase would accrue to those making more than $100,000 per year, with more than 80 percent going to those making over $200,000,” prior analysis from the Committee for a Responsible Federal Budget noted.

Biden has repeatedly claimed that his budget will aid middle class Americans the most. In one statement, Biden wrote that his budget “will lower costs for American families.” In another statement, he wrote that his budget will “cut taxes for the middle class.”

The left-wing Tax Policy Center, though, estimates that Biden’s budget will provide massive tax cuts to the nation’s top five percent of earners while increasing taxes on 20 to 30 percent of middle class earners.

Specifically, the estimate found that Biden’s budget will give a tax cut to 66 percent of Americans earning more than $1 million annually while 78 percent of Americans earning $500,000 to $1 million will get a tax cut.

At the same time, 27 percent of Americans earning $75,000 to $100,000 would see a tax increase along with 19 percent of Americans earning $50,000 to $75,000.

In 2017, former President Trump had the SALT deduction capped at $10,000. Since then, Democrats have sought to deliver their wealthy, blue state donors with a massive tax cut by eliminating the cap altogether or greatly increasing it.

Biden, for instance, had sought to include tax cuts for his billionaire donors in a Chinese coronavirus relief package earlier this year. The plan was ultimately cut from the package. House Speaker Nancy Pelosi (D-CA), in May 2020, also tried to include the plan in a coronavirus relief package.

John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here. 

 TAX EVADER APPLE   -  BIGGEST EMPLOYER 

OF CHINESE SLAVE LABOR

Report: Apple’s Dystopian Digital ID Cards Are Partially Funded by Taxpayers

Stephanie Keith/Getty

ALANA MASTRANGELO

15 Nov 20210

3:54

Apple is reportedly making taxpayers foot part of the bill for a project in which the tech giant plans to turn iPhones into digital identification cards, according to confidential documents obtained by CNBC.

In June, Apple announced that its users could soon store state-issued identification cards in the iPhone’s Wallet app, promoting it as a more secure and convenient way for customers to show their IDs in a variety of settings.

Apple’s bombshell and the trillion-dollar question (AFP)

But privacy experts find the concept questionable, as the move by Apple would effectively integrate identity into powerful mobile devices, raising concerns about the risk of dystopian scenarios involving surveillance.

Tim Cook prays for good fortune (Stephanie Keith /Getty)

Moreover, industry observers have also raised questions about why local authorities are giving up control of citizens’ identities to the tech giant, reports CNBC.

While Apple is known for its obsession with secrecy and typically forces potential partners to sign non-disclosure agreements, information about its partnership with the government can be found via public record requests.

Therefore, the contracts between Apple and states such as Georgia, Arizona, Kentucky, and Oklahoma provide a rare glimpse into the dealings of the tech giant, the report notes.

The agreement appears to give Apple a high degree of control over the government agencies responsible for issuing identification cards, according to information obtained by CNBC through public record requests.

Contracts signed by four states show that Apple will require states to maintain the systems needed to issue and service credentials, hire project managers to respond to Apple inquiries, market the feature, and push for its adoption with other government agencies — and all at taxpayer expense.

Documents also show that Apple has “sole discretion” for key aspects of the program, including what types of devices will be compatible with the digital IDs.

Others point out that a partnership like this would ultimately benefit Apple and its shareholders by making its devices even more essential than they already are.

“Apple’s interest is clear — sell more iPhones,” said Johns Hopkins Carey Business School professor Phillip Phan, who added that he is not sure why the states “think a partnership with one specific technology company that owns a closed ecosystem is the best way” to serve their citizens.

“For the state to spend taxpayer’s money on a product that serves only half its citizens is questionable,” Phan said.

According to fintech consultant and newsletter author, Jason Mikula, the dynamic is similar to the way in which Apple deals with vendors, but instead of getting paid by Apple, states must shoulder the financial burden of administering the programs.

“It’s like a vendor relationship, which makes no sense to me because it’s the states that have the monopoly on what they’re giving to Apple, they could presumably negotiate a much more equal contract,” Mikula said.

“I don’t know of any other example where government-owned systems and identity credentials were made available for commercial purposes in this manner,” he added.

Moreover, not only do the states have to “prominently feature the Program in all public-facing communications relating to Digital Identity Credentials,” but they also have to get all of their marketing efforts reviewed and approved by Apple.

Apple also shifts responsibility for confirming the authenticity of user identities onto the states, the report adds.

And these efforts are paid for by the states — which are funded by taxpayers.

Georgia and Arizona will be the first states to offer driver licenses on iPhone’s Wallet app, CNBC reports.

You can follow Alana Mastrangelo on Facebook and Twitter at @ARmastrangelo, and on Instagram.

THE ECONOMY TAKING A TURN FOR THE WORSE, ENDLESS MONEY PRINTING WILL CAUSE MORE PAIN, HOME PRICES

https://www.youtube.com/watch?v=lHv7Wc76-qo

BIDEN CRONY JEFF BEZOS OF AMAZON SAYS HE CAN’T AFFORD TO PAY LIVING WAGES!

 HERE’S WHY:

 https://www.youtube.com/watch?v=lTYfJwTuP4A

Inside Jeff Bezos' $175 Million Mansion

 

This is because despite all its declarations, the Democratic Party is not a party of workers. It, as Biden’s transition team attests, is a party of Wall Street, big banks, Amazon, and the military-industrial complex.

The Biden family has gotten special treatment from Ukrainian oil interests, and the Pelosi family has a similar advantage.  Paul Pelosi, Jr. was a board member of Viscoil and an executive at its related company NRGLab, which was involved in energy business in Ukraine.  Perhaps the use of the Intelligence Committee has given the Democrats the opportunity to limit Republican questioning and maintain secrecy over the responses from subpoenaed witnesses.  This would prevent any official record implicating Pelosi's son. 

 

Wealth-X report: Billionaire wealth surged during pandemic

Trévon Austin

A new report from research firm Wealth-X found that the global COVID-19 pandemic has intensified the growth of social inequality and witnessed an unprecedented accumulation of wealth among the most privileged layers in society. For the first time in human history, the world had more than 3,000 billionaires in 2020.

This amounts to a 13.4 percent increase in billionaires since 2019, currently totaling 3,204 individuals, with a median wealth of $1.9 billion. Billionaires’ collective wealth swelled to $10 trillion, a 5.7 percent increase from 2019.

“Viewed in aggregate, the global pandemic delivered a windfall to billionaire wealth, boosted by the flood of monetary stimulus and swelling profits in key sectors that coined a new wave of younger, self-made billionaires,” the report said.

Billionaire wealth has increased steadily since 1990, but one-third of these wealth gains have occurred during the pandemic. US billionaire wealth increased nineteen-fold over the last 31 years, from an inflation adjusted $240 billion in 1990 to $4.7 trillion in 2021.

The parasitic growth in wealth was most pronounced in the United States, the center of world capitalism. The ranks of billionaires in all of North America grew by 17.5 percent from last year. In fact, North America’s 980 billionaires account for 30.6% of the world’s billionaires.

The US was the top billionaire country in 2020. According to a report from Americans for Tax Fairness (ATF) and the Institute for Policy Studies Program on Inequality (IPS), American billionaires have seen their collective wealth surge by 62 percent, approximately $1.8 billion, since March 18, 2020. Following North America, Asia saw its number of growing by 16.5%, for a grand total of 883. Asia’s billionaires saw their collective net worth grow to $2.6 trillion, a 7.5% increase.

The good fortune of this tiny layer of the world’s population over the past 18 months is all the more appalling when contrasted to the growing immiseration and impoverishment of billions of workers around the globe. As a few thousand billionaires amassed enormous sums of wealth, workers around the world lost $3.7 trillion in earnings during the pandemic, according to a report from the International Labor Organization (ILO).

The report estimated an 8.8 percent year-by-year decline in global working hours from 2019 to 2020, equivalent to 255 million full-time jobs. This is approximately four times greater than the recorded loss during the 2008-09 global financial crisis.

The lost working hours were due to massive cuts in working hours and unprecedented levels of job loss, impacting some 114 million people and their families. Significantly, 71 percent of these job losses came from “inactivity,” meaning at least 81 million people around the world left the labor market because they could not find work.

Women have been more adversely affected by the pandemic than men. Globally, employment losses for women stand at 5 percent, versus 3.9 percent for men. Women were much more likely than men to drop out of the labor market, most commonly due to childcare concerns. Younger workers have also been devastated. Employment fell by 8.7 percent among workers aged 15-24 years old, compared to 3.7 percent for adults. Generation Z, the oldest of whom is 23, has become the most unemployed generation and is on track to experience the same financial struggles as millennials.

In the US alone, the official poverty rate rose by 1.0 percent from 2019 to 2020, according to the US Census Bureau. The poverty rate grew to 11.4 percent, marking the first increase in the official poverty rate after five years of consecutive decline. In 2020, there were 37.2 million people in poverty, approximately 3.3 million more than in 2019.

At the same time, median household income in 2020 dropped by 2.9 percent from the previous year. This is the first statistically significant decline in median household income since 2011.

Over 86 million Americans have lost jobs, almost 38 million have been sickened by the virus, and over 675,000 have died from it. Between 2019 and 2020, the real median earnings of all workers fell by 1.2 percent. The total number of people reporting earnings decreased by about 3 million, while the number of full-time, year-round workers decreased by approximately 13.7 million.

The chief obstacle to solving the world’s burning social questions—whether the devastating impact of COVID-19 or the widespread growth of poverty—is the private profit interests of the capitalist ruling class. Every action these vultures have taken in response to the pandemic has been driven by the effort to protect the wealth and privileges of a few. To save lives and avert even further disaster, workers must fight for a policy based on the interests of the working class, the vast majority of society.

This One Photo Explains Everything You Need To Know About the Democratic Party

Élites unmasked

Andrew Stiles • November 13, 2021 4:59 am

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House Speaker Nancy Pelosi (D., Calif.) was photographed officiating Ivy Getty's lavish wedding in San Francisco last week. The photo explains everything you need to know about the Democratic Party. Nearly every important aspect of the party and its voter base is represented.

For example:

1) Millionaires and billionaires

Getty, the great-granddaughter of oil baron J. Paul Getty, is presumed to have inherited several billion dollars after her father, John Gilbert Getty, died in 2020. Her grandfather, Gordon Getty, has helped finance the careers of prominent California Democrats such as Willie Brown, Gavin Newsom, and Pelosi. Billionaires and their wealthy scions tend to be loyal backers of the Democratic Party, whose most generous supporters include George Soros, Walmart heiress Christy Walton, Apple heiress Laurene Powell Jobs, and the Pritzker family, heirs to the Hyatt hotel fortune. J.B. Pritzker was elected governor of Illinois in 2018, and the 2020 Democratic primary featured two billionaires, Tom Steyer and Michael Bloomberg.

2) Really old career politicians

The top three Democrats in the House of Representatives are octogenarians who have worked in politics almost their entire adult lives. Pelosi, 81, is a Democratic Party scion whose political career began in the early 1960s. House Majority Leader Steny Hoyer (D., Md.) is 82 and has worked in politics since 1962. House Majority Whip James Clyburn (D., S.C.) is 81 and got his start in 1969. President Joe Biden, who will celebrate his 79th birthday later this month, is relatively young and inexperienced by comparison. He didn't launch his political career until 1970.

3) White guys

The Democratic Party is dominated by college graduates, a demographic that comprises roughly a third of the adult population, and is disproportionately white. Getty's random white dude husband wouldn't have to try very hard to find success in the Democratic Party or its affiliate, the media industry, where mediocre white dudes continue to excel. In most cases, they do so while simultaneously denouncing the toxic influence of white men. Joe Biden, Pete Buttigieg, Brian Stelter, Jeffrey Toobin, Andrew Cuomo, the Pod Save America bros, the bald weirdos at the Lincoln Project—the list goes on.

4) Celebrities

Mark Ronson opened for Earth, Wind & Fire, which played at the pre-wedding bash at The Palace of Fine Arts. Hollywood actress Anya-Taylor Joy, daughter of an investment banking tycoon, served as the maid of honor. Guests included pop star Olivia Rodrigo, assorted European royalty, and TikTok celebs, along with gender-bending performance artist Kiki Xtravaganza. As former president Barack Obama has gone out of his way to demonstrate, the ability to hang out with celebrities is one of the main reasons Democratic politicians run for higher office.

5) Anti-Semites

The bride's dress was covered in shards of broken glass, which may or may not have been an homage to the anniversary of Kristallnacht. The bridal gown and the bridesmaid dresses were designed by British fashion icon John Galliano, who also attended the wedding as a guest. In 2011, he was convicted in a Paris court for making anti-Semitic remarks, which is illegal under French law. "I love Hitler," Galliano reportedly told a group of Italian women at a café during Paris Fashion Week. "People like you would be dead today. Your mothers, your forefathers would all be f—ing gassed and f—ing dead." In recent years, the Democratic Party has become a space for anti-Semites.

6) Selectively enforced rules

The wedding took place at San Francisco's City Hall, which remains closed to the public due to COVID-19. Guests were asked to wear masks during the ceremony, but photos from the multi-day affair reveal that the California Department of Public Health's recommendation regarding the use of masks indoors was largely ignored. Democratic politicians have routinely ignored such guidance, in some cases blatantly violating state and local mandates that might impede their ability to party with rich donors and celebrities.

There. That's everything you need to know

about the Democratic Party.

THE DEMOCRAT PARTY'S BRIBES SUCKING KLEPTOCRACY

Watters' World' investigates Nancy Pelosi's financial dealings

https://www.youtube.com/watch?v=3M4QZJxb9Dw

 

 Nancy Pelosi, a horrid woman equally as without heart and soul, on Tuesday refused to have the names of the thirteen soldiers killed in Kabul read out on the floor of the House.  That should permanently indict her for being the wicked witch she is.  She is more devious, more calculating than the irresponsible Biden but every bit as beyond redemption as he is.  She will do anything to try to convince the American people, for whom she has only contempt, that whatever she and her party do is righteous no matter how loathsome and totalitarian.  PATRICIA McCARTHY

 THE DEMOCRAT PARTY'S BRIBES SUCKING KLEPTOCRACY

Watters' World' investigates Nancy Pelosi's financial dealings

https://www.youtube.com/watch?v=3M4QZJxb9Dw

 

As even more proof of this than I previously reported, Pelosi does not want employers like her to be required to pay the cost of illegal aliens’ hospital care.

 

Donald Trump Questions Nancy Pelosi’s Corruption

AP Photo/Manuel Balce Ceneta

CHARLIE SPIERING

President Donald Trump questioned House Speaker Nancy Pelosi’s dubious participation in stock market initial public offering shares, enriching her family.

The president shared a clip Monday highlighting a CBS 60 Minutes report featuring author and Breitbart senior contributor Peter Schweizer’s investigation into Pelosi and her husband participating in at least eight different stock IPOs while in Congress.

 

 

Donald J. Trump

✔@realDonaldTrump

 

"The House gone rogue! I want to remind you a little bit about the ring leader in this whole rogue operation against the President of the United States..." @MarkLevinShow

 

 

 

 

64.1K

3:34 PM - Oct 14, 2019

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35.1K people are talking about this

 

60 Minutes reporter Steve Kroft confronted Pelosi on the topic in 2011, but she denied any impropriety.

The report noted that Pelosi and her husband participated in an initial public offering of Visa in 2008, while credit card regulation was underway in the House of Representatives. The Pelosis bought 5,000 shares at the initial price of $44 and shares were trading at $64 just two days later, according to the report. 

“Congress has never done more for consumers nor has the Congress passed more critical reforms of the credit card industry than under the Speakership of Nancy Pelosi,” Pelosi spokesman, Drew Hammill, said in a statement, according to CNN after the 60 Minutes report aired.

The clip was featured on Mark Levin’s Fox News show Life, Liberty and Levin on Sunday.

 

Pelosi Pushes Electric Vehicle Subsidies As Husband’s Tesla Stock Soars

 

Pelosi Pushes Electric Vehicle Subsidies As Husband’s Tesla Stock Soars

Paul Pelosi owns up to $1 million of Tesla call options

House Speaker Nancy Pelosi (D., Calif.) gives a speech as Rep. Ilhan Omar (D., Minn.) looks on / Getty ImagesChuck Ross • October 28, 2021 5:00 am

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House Speaker Nancy Pelosi's (D., Calif.) husband hit pay dirt on Monday as Tesla's valuation rose to $1 trillion.

The news comes as Pelosi spearheads legislation that doles out tens of billions of dollars in subsidies to the electric vehicle industry, including Tesla, with provisions to build charging stations for cars and incentivize electric car purchases through tax credits.

The financial dealings of Pelosi's husband, Paul, came under scrutiny earlier this year when he purchased as much as $1 million of Tesla call options, one of the largest transactions of Tesla shares disclosed by a member of Congress. At the time, Republicans charged that the House speaker was cashing in on her power.

Members of Congress and their spouses are legally allowed to buy and sell stock, as long as it is not based on insider information. Members are required to disclose their transactions to the House Committee on Ethics, as Pelosi did with the Tesla transaction on Jan. 21.

Pelosi is spearheading negotiations with the White House as Democrats look to pass Joe Biden's Build Back Better plan and a reconciliation bill that includes the electric car incentives. Tesla, a pioneer in the electric car industry, is poised to see a significant boost from the legislation, according to industry watchers.

Democrats are proposing nearly $120 billion to fund various clean energy projects, and another $34.5 billion dedicated to zero-emission vehicles. The reconciliation bill also proposes $42 billion in tax credits for purchases of electric vehicles, which Democrats hope will incentivize new car buyers to purchase electric vehicles instead of gas-powered cars. The bill offers up to $12,500 in credits for each car. It also calls for tens of billions of dollars in spending to build charging stations for electric cars across the country.

Tesla's dramatic rise is likely attributable to several factors beyond the Democrats' spending proposals. Tesla founder Elon Musk recently announced he is moving the company's headquarters from California to Texas, which has no state income tax. Tesla's cars have also gained in popularity without federal incentives.

And while Tesla and other clean energy companies stand to gain with environmentally friendly Democrats in power, the company opposes some aspects of the reconciliation proposal, such as an additional credit for the purchase of electric cars made in unionized factories. Musk has publicly opposed unionization efforts.

Pelosi's office did not respond to requests for comment.

 

Billionaire Who Went to Space on Jeff Bezos’ Blue Origin Rocket Dies in Plane Crash

The Associated Press

LUCAS NOLAN

13 Nov 20210

2:09

Glen de Vries, the billionaire founder of Medidata Solutions who went to space alongside William Shatner aboard a Blue Origin rocket, has reportedly died in a plane crash.

Sky News reports that Glen de Vries, the billionaire CEO of clinical research firm Medidata Solutions, has died in a plane crash. De Vries accompanied William Shatner aboard Blue Origin’s New Shepard spacecraft on October 13 where he spent more than ten minutes in space.

This undated photo made available by Blue Origin in October 2021 shows, from left, Chris Boshuizen, William Shatner, Audrey Powers and Glen de Vries. Their launch scheduled for Wednesday, Oct. 13, 2021 will be Blue Origin’s second passenger flight, using the same capsule and rocket that Jeff Bezos used for his own trip three months earlier. (Blue Origin via AP)

De Vries was killed along with another individual in a plane crash in New Jersey, according to police reports.

The plan that De Vries was aboard was a small single-engine Cessna 172 that went down in a wooded area of Hampton Township on Thursday. The Federal Aviation Administration alerted public safety agencies to search for the missing plane on Friday. The plane wreckage was found about an hour later.

Blue Origin said in a statement: “He brought so much life and energy to the entire Blue Origin team and to his fellow crewmates. His passion for aviation, his charitable work, and his dedication to his craft will long be revered and admired.”

The other person killed in the crash was Thomas P. Fischer, the founder of a family-run flight school and the school’s head instructor. Jeff Bezos’ partner, Lauren Sanchez, commented that de Vries’ death was a “painful loss,” in an Instagram post.

“We got to know Glen de Vries, an incredible man, and his partner Leah last month”, she wrote. “Leah’s love for Glen was visible every time we saw them together. When he took off for space she gripped my hand so tight it hurt. Thinking of that moment today with a broken heart. Our deepest sympathies go out to Leah and Glen’s family, we are so saddened by the tragic news.”

Read more at Sky News 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

BIDEN'S BILLIONAIRE CRONIES PAY LESS THAN 3% TAX RATE! IT PAYS TO OWN A PIECE OF JOE BIDEN!  -  COMMON MAN'S FRIEND FROM STANTON...LOL

Ask Prof Wolff: Taxing Billionaires

https://www.youtube.com/watch?v=MXaA1UW3CPA

BIDEN CRONY JEFF BEZOS OF AMAZON SAYS HE CAN’T AFFORD TO PAY LIVING WAGES!

 HERE’S WHY:

 https://www.youtube.com/watch?v=lTYfJwTuP4A

Inside Jeff Bezos' $175 Million Mansion

 

This is because despite all its declarations, the Democratic Party is not a party of workers. It, as Biden’s transition team attests, is a party of Wall Street, big banks, Amazon, and the military-industrial complex.

  

Amazon Pushes for Indirect Taxpayer Subsidy Through USPS Handout

Justin Sullivan/Getty

ALLUM BOKHARI

11 Nov 20210

2:33

Technology giant Amazon is pushing, through its lobbying organs, to keep its USPS shipping rates artificially low, an indirect taxpayer subsidy to the market-dominating online retailer that comes at the expense of both small businesses and other customers of the USPS mail service.

Amazon has long relied on cheap shipping rates from USPS to avoid taking on the cost of building its own logistics network. In 2019, Bezos summed up the importance of USPS to his business, saying, “I didn’t have to build a transportation network to deliver the packages. It existed: It was called the post office.”

Jeff Bezos holds up an Amazon device (David Ryder /Getty)

Primarily through the Package Coalition, which Amazon funds, Amazon lobbies to keep USPS package shipping rates artificially low. This lobbying campaign for below-market shipping rates has intensified even as the demands on the USPS have ratcheted up in recent years due to the rapid rise of e-commerce shipping, a trend that was accelerated by the coronavirus pandemic.

Amazon Employee, Warehouse (Ross D. Franklin/AP)

This has come at a cost to customers of the traditional USPS mail service. Increased demands from package shippers like Amazon have forced the USPS to re-allocate resources from mail delivery to package delivery.

Analysts have confirmed that the USPS uses its traditional mail service, along with its tax exemptions and access to treasury loans to support its surging package delivery business. Meanwhile, delivery times in its traditional mail service continue to stagnate.

By lobbying to keep USPS package shipping rates artificially low, while at the same time dumping its unprofitable business – i.e. rural delivery – onto the USPS, Amazon and the Package Coalition are bankrupting the USPS.

During coronavirus, the taxpayers provided $10 billion in relief funding to the USPS. Amazon and the Package Coalition aggressively lobbied for the money, which was quickly used to cover the demands of package shipping.

When taxpayers come to the rescue, as they did during the pandemic, and as the Amazon-funded Package Coalition is asking them to do so again with another huge taxpayer bailout, Amazon is likely to be the beneficiary.

Allum Bokhari is the senior technology correspondent at Breitbart News. He is the author of #DELETED: Big Tech’s Battle to Erase the Trump Movement and Steal The Election.