Sunday, April 24, 2022

A NATION RULE AND RUINED BY CRIMINAL BANKSTERS - THE CASE AGAINST GOLDMAN SACHS

American Corporate Community and its major players — BlackRock, Goldman Sachs, Bridgewater, Google, Microsoft, Intel, Twitter, and Musk — and, of course, Gates — that draws them to a plutocracy that would never hesitate to betray America for a financial advantage or an opportunity to be a part of a global powerhouse oligarchy complicit with and colluding with malefactor government tyrannies. (avarice, cupidity, and rapaciousness) JOHN DALE DUNN John Dale Dunn


Chris Hedges | People's Hearing of Goldman Sachs





THE DEMOCRAT PARTY OF BRIBES SUCKERS.. destroying America as fast as they destroyed America’s borders.

 https://mexicanoccupation.blogspot.com/2022/04/the-democrat-party-of-corruption-and.html

“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  


Fmr. Obama Treasury Counselor Rattner: There’s ‘No Precedent’ for Fixing Inflation in Economy This Overheated Without a Recession 

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On Friday’s broadcast of Bloomberg’s “Wall Street Week,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, stated that history “is not on the side” of a soft landing that brings inflation under control without causing a recession because there’s “no precedent” for fixing inflation in an economy as overheated as the current economy is without a recession. He also stated that economics isn’t the kind of science that can provide the level of precision avoiding a recession will take.

Rattner said, “I’m not at all in the camp of those who think that a recession is likely this year or probably even the second half — or first half rather, of next year. But, at some point, it becomes anybody’s guess whether we’ll get through this without a recession.”

He added, “History is not on the side of a soft landing. There’s really no precedent for bringing an economy this overheated, with inflation — whether it’s transitory, permanent, or whatever — running at this rate down to anything that looks like 2% without there being a recession. It would require the skill of the most experienced pilot in the world to achieve that kind of a soft landing. You have to really cool off demand. You have to, unfortunately, raise the unemployment rate, get some slack into the labor market, and that’s a level of precision that, economics is sort of a science, but it’s not that kind of a science.”

Follow Ian Hanchett on Twitter @IanHanchett

DeSantis: ‘They’re Trying to Blame Putin’ but Biden Is Driving Us Toward a Recession

Ron DeSantis / Rumble
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The Biden administration is trying to blame Russian President Vladimir Putin for the country’s economic woes, but it is President Biden who is responsible for inflation and may plunge America into a recession, Florida Gov. Ron DeSantis (R) said on Thursday.

Speaking at the Destin Harbor Boardwalk, where he announced the extension of the Sunshine State’s red snapper season, DeSantis provided a reality check to the Biden administration, which refuses to take responsibility for menacing economic issues — such as rampant inflation —  plaguing the country during Biden’s presidency.

“If you look what he did when he came in, decided to print trillions and trillions of dollars, and the result of that has been the worst inflation that we’ve seen in this country in four decades,” DeSantis said, emphasizing the toll it is placing on Americans.

“It’s killing people all across the board to have to pay so much for gasoline, have to pay so much for bills, have to pay so much for food … and they say it’s 8.5 percent, but if you look at the things that matter, it’s gone up way more than that,” he said of inflation, as the prices of key goods have gone up well over 8.5 percent.

inflation prices

Elinor Mantin shops for groceries at Lorenzo’s Supermarket … in North Miami, Florida. (Photo by Joe Raedle/Getty Images)

Breitbart News reported some of the most striking hikes in food prices:

  • Ground beef: up 13.8 percent
  • Steaks: up 16.4 percent
  • Bacon: up 18.2 percent
  • Pork chops: up 13.8 percent
  • Chicken: up 13.4 percent
  • Fresh fish: up 11.3 percent
  • Fresh whole milk: up 14.5 percent
  • Coffee: up 11.2 percent
  • Fresh fruit: up 10.1 percent
  • Lettuce: up 12.0 percent
  • Salad dressing: up 13.9 percent
  • Soups: up 10.3 percent
  • Baby food: up 10.8 percent
  • Breakfast cereal: up 9.2 percent
  • Bread: up 7.1 percent
  • Biscuits and muffins: up 10.8 percent
  • Lunch meats: up 12.7 percent

“They said it wouldn’t happen, then they said it was just a blip, and now they’re trying to blame Putin, but it’s been going up for over a year,” he said. “So this is a real problem.”

“And I think the fear is, is that what like they’re going to do — monetary policy, some of this other stuff — is really going to put a hamper on the economy potentially,” he said, adding that Florida is “well positioned to withstand some of that turmoil because we’ve been fortunate to draw a lot of investment.”

“But the reality is, if you look to three years out, there’s a not insignificant chance that Biden plunges us into a recession,” DeSantis predicted.

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