Thursday, August 18, 2022

JOE BIDEN'S MINISTER OF PROPAGANDA AND OPEN BORDERS MARK ZUCKERUNT - WE WILL DELETE ANY COMMENTS FROM FACEBOOK ON THE BIDEN CRIME FAMILY OR JOE'S PARASITE CRACKHEAD SON AND BROTHER LAWYER JAMES!


Unbelievable' video shows border agents opening gate to migrants



Amazon, Facebook Spend Millions Lobbying Congress for More Legal Immigration, Amnesty for Illegal Aliens

https://mexicanoccupation.blogspot.com/2022/05/joe-bidens-crony-modern-slaver-jeff.html

Refugee resettlement costs taxpayers nearly $9 billion every five years. Over the course of a lifetime, taxpayers pay about $133,000 per refugee and within five years of resettlement, roughly 16 percent will need taxpayer-funded housing assistance.




 Schweizer: ‘It’s Going to Be Business as Usual’ for Hunter’s Dealings

https://www.breitbart.com/clips/2021/01/20/schweizer-its-going-to-be-business-as-usual-for-hunters-dealings/


Joe Biden, the corrupt, unaccomplished 47-year career politician, with a reputation of having been a proud segregationist, an unabashed plagiarist and liar, a resolute tale-teller, and a serial flip-flopper, is pretending to head up a radical social-democratic ticket for President of the United States that includes as his running mate the ambitious, disagreeable junior senator from California: Kamala Harris. 


Video: 50% for the Big Guy?

New texts reveal more DAMNING info on Hunter.

25 comments

Exposed from Biden's laptop texts: Hunter Biden's LUCRATIVE 'business' deals often involved giving ole dad as much as 50% of his earnings. Don't miss this video!


Facebook Tightens Moderation Policies to ‘Safeguard’ 2022 Midterms

Mark Zuckerberg Smiles during testimony (Pool/Getty)
Pool/Getty
2:45

Facebook will prevent edits to ads dealing with social, political, or electoral issues that are approved to run in the week of the midterm elections, among a number of steps it is taking to build on and expand what it calls its 2020 election “safeguards” ahead of the midterms.

In a press release written by Facebook (now known as Meta) Global Affairs President Nick Clegg, the tech company which remains a pivotal force in disseminating news to Americans boasted of its efforts to “protect elections online,” not just in the United States but around the world.

Facebook's Mark Zuckerberg and Nick Clegg

Facebook’s Mark Zuckerberg and Nick Clegg ( YOAN VALAT /Getty)

Via Facebook:

Meta invests a huge amount to protect elections online — not just during election periods but at all times. We spent approximately $5 billion on safety and security last year alone, and have hundreds of people dedicated to this work permanently embedded across more than 40 teams. With each major election around the world — including national elections this year in France and the Philippines — we incorporate the lessons we learn to help stay ahead of emerging threats.

Facebook said it would remove posts that encourage people not to vote, or question the legitimacy of the midterm elections, as well as “misinformation about the dates, locations, times, and methods of voting; misinformation about who can vote, whether a vote will be counted, and qualifications for voting; and calls for violence related to voting, voter registration, or the administration or outcome of an election.”

The company also boasted of the vast amounts of content it has censored in the name of fighting “hate,” a nebulous term that is frequently used by various private actors to suppress legitimate political discourse.

Our teams fight both foreign interference and domestic influence operations, and have exposed and disrupted dozens of networks that have attempted to interfere with US elections. We’ve banned more than 270 white supremacist organizations, and removed 2.5 million pieces of content tied to organized hate globally on Facebook in the first quarter of 2022. Of the content we removed, nearly 97% of it was found by our systems before someone reported it.

The fact that Facebook’s systems detected “hate” content automatically, without users’ input, falls in with the agenda of the World Economic Forum, which is pushing companies to adopt more sophisticated techniques of automated, AI-powered censorship.

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.


Nolte: Sam Harris Approves of Media Misinforming Voters to Stop Trump

Sam Harris
Sam Harris / Samharrisorg
3:15

Supposed free-thinker and renowned atheist Sam Harris has admitted that he approves of the corporate media manipulating and misinforming the public to stop Donald Trump.

So much for pretending you believe in people hearing all the facts and making up their own minds about things. No, no … in order to preserve democracy, we must manipulate the people, lie to them by way of omission, and hide the truth.

Here it is, straight from the liar’s mouth:

HARRIS: [Trump’s corruption] doesn’t answer the people who say it’s completely unfair to not have looked at the laptop in a timely way and to have shut down the New York Post’s Twitter account: ‘That’s a left-wing conspiracy to deny [Trump] his [second term].’ Absolutely it was! Absolutely! But I think it was warranted.

INTERVIEWER: You’re saying you’re content with a left-wing conspiracy to prevent somebody from being democratically reelected president.

Harris doesn’t say, No, that’s not okay. Instead, he argues that it was a conspiracy out in the open, so not really a conspiracy.

Sam Harris is one of those mercenary leftists who likes to stroke those on the right desperate for anyone on the left to agree with them about anything. So, yeah, he’ll say a few things we agree with. But at heart, he’s a fascist leftist. Just another scumbag willing to not only deceive you, but openly brag about his willingness to deceive you — laugh right in your face — to show off for his left-wing pals.

And Harris’s willingness to deceive you and laugh about deceiving you is not his only sin. He also lies about Trump’s “corruption” being a fact when he has been convicted of nothing, despite six years and billions of dollars aligned against him in the media, local and federal law enforcement, and all the impeachments and January 6 kangaroo courts.

Harris claims:

Whatever the scope of Joe Biden’s corruption is… If we could go down that rabbit hole for a second and understand he’s getting kickbacks from Hunter Biden’s deals in Ukraine or wherever else — China — it is infinitesimal compared to the corruption we know Trump is involved in.

“We know Trump is involved in.”

We know?

You know what?

His only example is Trump University — lol — which he thinks is worse than a sitting president and vice president accepting kickbacks from foreign countries.

Trump is the most vetted man in the world, and they got bupkis, but Sam Harris — Mr. Free Thinker, Mr. Intellectually Honest — is lying about known corruption. There is no Known Corruption anywhere close to Trump.

What a phony Sam Harris is … and shame on those who have not always known that.

I mean, here it is, right out in the open. To get his way, Sam Harris is willing to lie to you, deceive you, manipulate information, and meddle in democracy. Moreover, the left and media are now so corrupt that he will pay no price for admitting to being corrupt beyond belief.

This is who these people are.

There is no low they will not hit to get their way, and admitting to that is now a badge of honor among the establishment.

The whole establishment needs to come down—all of it.

“Protect and enrich.” This is a perfect encapsulation of the Clinton Foundation and the Obama book and television deals. Then there is the Biden family corruption, followed closely behind by similar abuses of power and office by the Warren and Sanders families, as Peter Schweizer described in his recent book “Profiles in Corruption.” These names just scratch the surface of government corruption.   


The Biden White House caters to the rich just as Obama's did

 

By Jack Hellner

 

BlackRock has $10 trillion under management and holds great power with  Biden's White House.  It is a big pusher of the green agenda.  The green agenda is destroying America with rampant inflation, especially the poor, the middle class, and small businesses, but BlackRock has done great.


VIDEO - WATCH SCHUMER SUCK OFF JOE BIDEN’S BIGGEST PAYMASTER BLACKROCK!

 

Park Avenue: Money, Power and the American Dream⎜WHY POVERTY?⎜(Documentary)

 

https://www.youtube.com/watch?v=6niWzomA_So&list=WL&index=19

 

The close collaboration between the US

Treasury, the Federal Reserve and the multi-

billion dollar asset management firm

Blackrock in devising the March 2020 rescue

operation for Wall Street has been revealed in

an article published in the New York

Times yesterday.


The culture of power and money lust of the American Corporate Community and its major players — BlackRock (JOE BIDEN’S BIGGEST BRIBESTER WHICH OPERATES OUT OF THE BIDEN WHITE HOUSE UNDER BLACKROCK EMPLOYEE, GAMER LAWYER BRIAN DEESE), 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)

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

 

American Corporate Community and its major players — BlackRock (JOE BIDEN’S BIGGEST BRIBSTER), 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

“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  

 THE DEMOCRAT PARTY OF BRIBES SUCKERS AND THEIR PARASITE BANKSTERS

https://mexicanoccupation.blogspot.com/2022/06/joe-bidens-paymasters-at-blackrock.html

 

Jesse Watters: The Biden family business

 https://www.youtube.com/watch?v=NjCflVde7Gs

 

VIDEO

JOE BIDEN'S MASSIVE DESTRUCTION OF AMERICA'S ECONOMY AND BORDER

America's Economy WILL Collapse... Here's WHY 

https://www.youtube.com/watch?v=I55LhaVhjbw

 

BLOG EDITOR: BIDEN'S CRONY BLACKROCK IS ONE OF THE BIGGEST OPERATORS OF INVESTMENT PROPERTIES WHICH HAS CONTRIBUTED TO THE MASSIVE OVER-PRICING OF HOMES NATIONWIDE. ONE BLACKROCK PURCHASE OF RENTALS EXCEEDED $41 BILLION.

Consumers’ Research launched a new campaign exposing how BlackRock weaponizes Americans’ retirement funds to wage war on the American fossil fuel industry, which raises energy and housing costs.

Gutfeld: Forgive us if we actually care about Biden's corruption and collusion

https://www.youtube.com/watch?v=roy4xyo1Aok


VIDEO

Ralph Nader: Biden's First Year Proves He Is Still a "Corporate Socialist" Beholden to Big Business

https://www.youtube.com/watch?v=2jTIUtjkDss&t=28s

 

Hauser also didn’t like the prevalence of Big Law talent on the Department of Justice team, which signaled to him that the Biden administration could go soft on corporate malefactors. Alexander Nazaryan

There is nothing unexpected about the emerging right-wing, pro-war, pro-Wall Street composition of the incoming Biden administration. Biden himself spent decades in Washington as a corrupt bag-man for wealthy interests in the state of Delaware, the legal headquarters of hundreds of thousands of corporations that take advantage of its business-friendly laws.

Consumer Warning Sent to Governors: BlackRock Is ‘Crushing America from Within’

MANHATTAN, NEW YORK, UNITED STATES - 2022/05/25: Participant seen holding a sign at the protest. More than 100 New Yorkers on the frontlines of the climate crisis, including faith leaders and youth, held a protest outside BlackRock Headquarters in Manhattan, where their annual shareholders meeting took place. Participants and speakers …
Erik McGregor/LightRocket via Getty Images
6:06

Consumers’ Research, an organization dedicated to educating American consumers, warned that BlackRock is “crushing America from within,” releasing a nationally televised advertisement, issuing a consumer warning, and notifying 12 governors of the dangers posed by the firm.

Consumers’ Research’s campaign includes a television advertisement blasting BlackRock and CEO Larry Fink, asserting that they contributed to soaring gas and housing prices, explaining that “BlackRock owned companies are snatching up houses, crippling families.”

The ad also exposes a pertinent connection between the multinational and the Biden administration, noting that “BlackRock’s former ESG czar Brian Deese is Biden’s economic advisor.”

Consumers’ Research also published a consumer warning that accuses BlackRock of “crushing America from within.” The consumer warning states that BlackRock, which manages nearly $10 trillion, “uses its clout to push a radical agenda in coordination with other financiers through a network of international organizations.” 

It goes on to state that the firm, led by CEO and Chairman Larry Fink, adversely impacts the American economy and possibly even violates their fiduciary duty by furthering an ideological agenda and “putting your retirement at risk in the name of progressive politics.”

The consumer warning explains that BlackRock utilizes a “progressive coercion vehicle known as ESG, or Environmental, Social, and Governance, which applies highly subjective and ambiguous criteria to measure how closely companies are falling in line with the radical progressive agenda.”

The seven page document notes that the multinational firm has advanced a climate agenda that has resulted in “higher energy costs, inflation, weakened energy infrastructure, the dismantling of fossil fuel companies, loss of (primarily blue-collar) jobs, and weaker national security.”

It also points out that BlackRock has led an effort to get leftist activist investors on the board of Exxon in order to divest from multiple projects, allowing Chinese gas companies to fill in the gap. Meanwhile, BlackRock has invested in PetroChina, despite allegations that the company uses forced labor, land confiscation, arrest, and intimidation. 

The consumer warning points out that CEO Larry Fink said during a panel with the New York Times that “behaviors are going to have to change … You have to force behaviors, and at BlackRock, we are forcing behaviors.”

Consumers’ Research continued to document a list of BlackRock’s abuses before issuing guidance to consumers. The organization called on consumers to ensure that they are not using BlackRock’s services, such as the iShares fund brand, when they invest. 

Consumers’ Research also suggested that employees contact their human resources department to inquire if their retirement funds are managed by BlackRock and that those with state or municipal pensions “contact state officials to find out if any portion of their pension fund is managed by BlackRock.”

Executive director of Consumers’ Research Will Hild contended in a statement that BlackRock and liberal elites like Fink are “using money that doesn’t belong to them to push an extreme agenda with no regard for American families who are paying the price not only now, but through their pension funds which are being weaponized to the detriment of their potential profits.”

He added that BlackRock’s ideologically motivated investing is “leading to higher costs everywhere from gas pumps and groceries to rent prices and housing costs.”

Consumers’ Research recently created a site called AboutBlackRock, which calls the multinational the “architect of woke capitalism” and features their consumer warnings.

In addition to their consumer warning, Consumers’ Research also sent a letter to the governors of Texas, Montana, Utah, Colorado, South Carolina, Idaho, Alaska, Louisiana, Oklahoma, Arizona, Nevada, and Wyoming notifying them of the consumer warning.

The letter notes that these states are “experiencing inflation in the top quintile nationally,” going on to explain that firms like BlackRock are “using your state’s investment dollars against its interests. They are leveraging the voting power of the shares they’ve purchased for clients to hamper American production and competitiveness.”

The letter continued, remarking that “As a result, gas prices are surging, the cost of purchasing or renting homes is near record levels, and common grocery store goods are up more than 10 percent in the last year. This is largely due to firms like BlackRock pushing policies that are politically driven with no regard for the impact to the citizens of your state.”

Meanwhile, BlackRock CEO Larry Fink blamed inflation on the rise of nationalism, immigration restriction, and “a belief that we have to focus on communities that have been devastated by globalization” in an interview with Bloomberg.

“The net effect of their hypocrisy is to place corporations in your state at a significant disadvantage when competing globally for capital and customers. BlackRock’s actions undermine national security,” the letter reads. It even noted that the multinational firm has invested in corporations that “develop equipment for the Chinese military.”

Consumers’ Research previously documented BlackRock’s connection to the Chinese Communist Party.

The letter from Consumers’ Research follows a decision from 19 different attorney generals to send a letter to BlackRock CEO Larry Fink pertaining to the firm’s “reliance on Environmental, Social, and Governance investment criteria rather than shareholder profits in managing state pension funds,” which has been called “potentially illegal.”

Meanwhile, executive director of Consumers’ Research Will Hild said in a statement that “Fink’s ESG façade is one of the biggest rackets the world has seen.”

Spencer Lindquist is a reporter for Breitbart News. Follow him on Twitter @SpencerLndqst and reach out at slindquist@breitbart.com

Consumers’ Research Launches Campaign Exposing How BlackRock Raises Energy, Housing Prices

Pumpjack near homes, Arvin, Kern County, California, USA. (Photo by: Citizen of the Planet/UCG/Universal Images Group via Getty Images)
Citizen of the Planet/UCG/Universal Images Group via Getty Images, Erik McGregor/LightRocket via Getty Images
5:23

BLOG EDITOR: BIDEN'S CRONY BLACKROCK IS ONE OF THE BIGGEST OPERATORS OF INVESTMENT PROPERTIES WHICH HAS CONTRIBUTED TO THE MASSIVE OVER-PRICING OF HOMES NATIONWIDE. ONE BLACKROCK PURCHASE OF RENTALS EXCEEDED $41 BILLION.

Consumers’ Research launched a new campaign exposing how BlackRock weaponizes Americans’ retirement funds to wage war on the American fossil fuel industry, which raises energy and housing costs.

Consumers’ Research this week launched a national campaign to expose BlackRock, the world’s largest asset manager with over $10 trillion in assets under management, and the deleterious effects the company has on the American people.

As part of this campaign, the consumer advocacy organization launched a national television ad, released a consumer warning cautioning against putting investment funds in BlackRock, sent a letter to many governors about BlackRock, and launched AboutBlackRock.com to explain further about the financial behemoth.

Will Hild, the executive director of Consumers’ Research, said in a statement this week that Americans should know if their money is going to further leftist goals that only lead to higher energy, housing, and other costs. Hild elaborated:

BlackRock is using money that doesn’t belong to them to push an extreme agenda with no regard for American families who are paying the price not only now, but through their pension funds which are being weaponized to the detriment of their potential profits. Consumers deserve to know where their investments are going, especially when it’s leading to higher costs everywhere from gas pumps and groceries to rent prices and housing costs. We cannot let liberal elites like Larry Fink dictate how Americans should live so he can force an agenda and line his pockets. Fink’s ESG façade is one of the biggest racquets the world has seen.

The Consumers’ Research ad highlights how BlackRock has spent years harassing oil and gas companies to hike gas prices, and how BlackRock-owned companies are buying up houses across the country, raising housing prices:


The Consumer Warning and the ad also detail how Brian Deese, President Joe Biden’s chair of the National Economic Council (NEC), also led BlackRock’s Global Head of Sustainable Investing. As Consumers’ Research put it, Deese helped advance BlackRock’s Environmental, Social, and Governance (ESG) agenda.

As documented by the Consumer Warning, BlackRock CEO Larry Fink has been a relentless advocate of pushing American companies to address alleged climate change. The chief executive of the world’s largest asset manager told the New York Times that “behaviors are going to have to change … You have to force behaviors, and at BlackRock, we are forcing behaviors.”

This climate change lobbying includes putting three “liberal activist investors” on the board of Exxon, which is now considering divesting from two of the largest gas recovery projects.

As part of its consumer warning, Consumers’ Research recommended:

  • Retail investors reconsider using BlackRock’s services, especially any passive investing funds such as the iShares fund brand and consider alternatives that do not abuse their fiduciary role.
  • Employees should consider contacting their human resources department to see if BlackRock manages their company’s 401(k) accounts or pension fund.
  • Individuals with state or municipal pensions should contact state officials to find out if any portion of their pension fund is managed by BlackRock.

The Consumer Warning was sent to states whose economy has been most impacted by BlackRock, which includes Colorado, Utah, Arizona, Nevada, Wyoming, Montana, New Mexico, Idaho, Alaska, Louisiana, Oklahoma, and Texas.

Consumers’ Research sent a letter to the governors of these states highlighting many of these concerns:

BlackRock, along with other large firms like Vanguard and State Street, are weaponizing passive
investing funds, abrogating their fiduciary duty, and betraying the pensioners they are supposed
to be serving. It’s not just fossil fuels, BlackRock has targeted other industries like agriculture,
manufacturing, mining and extraction. Their reckless tampering with the companies Americans
depend on to deliver products and keep costs down is driving inflation by restricting capital
investments. BlackRock brags openly about the thousands of face-to-face “engagements” they
have with targeted companies, threatening them with negative actions if they don’t comply with
their radical agenda.

The impacts go beyond our national borders. Despite their constant push for radical “net zero”
goals here in the US, BlackRock funnels billions of investor dollars into Chinese companies that
often use forced labor, have horrible environmental records, and in some cases, develop
equipment for the Chinese military. The net effect of their hypocrisy is to place corporations in
your state at a significant disadvantage when competing globally for capital and customers.
BlackRock’s actions undermine national security.

Hild concluded in his statement, “We will continue our work to safeguard American consumers from unknowingly contributing to their country’s own downfall and the propping up of China’s communist regime.”

Sean Moran is a congressional reporter for Breitbart News. Follow him on Twitter @SeanMoran3.

A NATION RULED AND LOOTED BY BLACKROCK

https://mexicanoccupation.blogspot.com/2022/06/joe-bidens-paymasters-at-blackrock.html

Deese, the Global Head of Sustainable Investment at BlackRock, would be the second executive chosen by the incoming administration from the world’s largest asset manager, which controls $7 trillion in assets and is a major shareholder in Deutsche Bank, Wells Fargo, Apple, Microsoft and other global corporate giants.


GAMER LAWYER BRIAN DEESE

 

After working on Obama’s 2008 election campaign, Deese was appointed Special Assistant to the President for economic policy and served on the National Economic Council as Obama took over the Troubled Asset Relief Program (TARP) from the outgoing George Bush administration, and pumped massive resources into the same banks and financial institutions whose criminal activities had crashed the economy.

The selection of Deese and Adeyemo—who

both  previously served in the Obama

administration —exemplifies the revolving door between

Wall  Street and Washington, DC, which

operates  constantly, regardless of which party

controls  the White House.

 

It is a further signal to the financial oligarchy that a Biden  administration will dispense with its rhetoric about raising taxes  on the wealthy and continue funneling trillions into the stock  markets. “By picking folks with deep ties to large asset  managers,” Tyler Gellasch, executive director of investor trade  group Healthy Markets Association, told the Journal, the administration can help assuage financial executives’ concerns.

It sends a clear signal to the industry to breathe easier: They can  plan for stability without likely facing massive new regulatory or tax risks.”


JOE BIDEN’S BLACKROCK SYNDROME

https://mexicanoccupation.blogspot.com/2022/07/blackrock-warns-america-that-gouging-is.html

BLACKROCK OPERATES OUT OF THE BIDEN WHITE HOUSE UNDER BRIAN DEESE

The Biden White House caters to the rich just as Obama's did

 

By Jack Hellner

 

BlackRock has $10 trillion under management and holds great power with  Biden's White House.  It is a big pusher of the green agenda.  The green agenda is destroying America with rampant inflation, especially the poor, the middle class, and small businesses, but BlackRock has done great.


Wall Street rises as economic


and financial problems mount

If one were to take the movement of stock prices on Wall Street as a guide, then the problems for the financial system and the broader economy arising from inflation and interest rate hikes by the US Fed and other central banks are on the wane.

The Wall St. street sign is framed by the American flags flying outside the New York Stock exchange, Friday, Jan. 14, 2022, in the Financial District. (AP Photo/Mary Altaffer)

Since its low point in mid-June, the interest-rate-sensitive, tech-heavy NASDAQ index has risen by more than 20 percent. Over the same period the broad-based S&P 500 index has risen by 17 percent while remaining down by 10 percent for the year. The Dow is also up from its June lows.

The rise in the market has been driven by the belief that inflation is starting to come down—official figures for July saw no increase, bringing the US annual rate of inflation down from 9.1 percent to 8.5 percent—and the Fed will start to ease off on its rate increases after two consecutive hikes of 75 basis points each.

The view is that if this does take place, then the orgy of profit-making based on cheap money will be able to resume.

But looking beyond Wall Street, it becomes clear that, far from being alleviated, problems in the financial system and the global economy are growing.

In the first instance, the Fed may pull back on the interest rate hikes at its meeting in September—the expectation is that there will be a rise of 50 basis points rather than 75. However, Fed officials have made it clear the central bank is far from finished in its drive to ensure that a wages movement by the working class in response to price hikes is suppressed.

The Fed’s program is part of an international strategy by the world’s central banks to drive down the living standards and social conditions of the working class in the name of “fighting inflation.” At this point, this social counter-revolution is most sharply expressed in the UK where the Bank of England has lifted interest rates with the aim of driving the economy into a recession to counter wage demands.

In an interview with the Financial Times last week, Mary Daly, president of the San Francisco Fed, indicated that 0.75 percentage point rise was not off the table in September, while her “baseline” was a 0.5 percentage point increase.

While there was some “good news” in the monthly data, inflation “remains far too high and not near our price stability goal.” It was too early to declare victory over inflation, she said, and “we’re not near done yet.”

Minneapolis Fed president Neel Kashkari has said he still anticipated the Fed would need to rate its base rate by another 1.5 percentage points by next year, lifting it to around 4.4 percent.

In an interview last week, St Louis Fed president James Bullard, regarded as one of the more hawkish members of the Fed’s governing body, pointed to the essential driving force of the rate increases. “We’ve got a long ways to go on the labour market,” he said.

Bullard was pointing to what is regarded as a “tight” labour market, saying there would need to be tangible and widespread evidence of disinflation occurring “before we can be really confident.”  That evidence will be indications that even the limited wage increases, below the inflation rate, which workers have so far been able to secure, have ceased.

As prices in basic items continue to rise—grocery items, for example, are up by more than 13 percent—are clear signs of recessionary trends. US gross domestic product has been negative for each of the past two quarters, a situation sometimes described as a “technical recession” with indications the contraction is continuing.

On Monday, a New York Federal Reserve survey of manufacturers registered minus 31.3 for August compared to 11 the previous month. The forecast was for a reading of 5 and the slump in the so-called Empire State gauge was the second largest monthly fall on record.

Recession signs are also flashing in financial markets as so-called yield curve inversion—a situation in which the interest rate on short-term government debt is above that on 10-year Treasury bonds—persists. Over the past 50 years, this inversion, which is contrary to the normal situation, has been a reliable indicator of recession.

There are also clear warning signs of a marked slowdown in the world’s second largest economy, China.

On Monday, the People’s Bank of China (PBoC) unexpectedly cut its medium-term lending rate by 10 basis points in a bid to boost the economy amid signs of slowing consumer demand, lower industrial demand and a worsening housing and real estate market.

In the second quarter, the economy narrowly avoided a contraction, expanding by only 0.4 percent, and the problems appear to be worsening.

July data show that retail sales rose by only 2.7 percent for the year, compared to forecasts of a 5 percent rise, while industrial production was up by 3.8 percent, compared to the forecast of a 4.6 percent increase.

Chinese financial authorities have been reluctant to ease financial conditions because of concerns over rising debt. But Julian Evans-Pritchard, senior China economist with Capital Economics, told the FT that the PBoC seemed to have decided that it faced a more pressing problem.

“The latest data show lacklustre economic momentum in July and a slowdown in credit growth, which has been less responsive to policy easing than during previous economic downturns,” he said.

Real estate and housing, which account for more than a quarter of the Chinese economy when flow-on effects are considered, are at the centre of the slide in economic growth. This threatens to render the official target of 5.5 percent growth for this year—itself the lowest target in more than three decades—a dead letter.

Data released on Monday show that new home prices recorded their steepest year-on-year decline in more than six years in July.

In comments to the Wall Street Journal last week, Logan Wright, the director at Rhodium Group, a New York research firm that closely follows China, said: “We’ve never seen a property market slowdown of this size and severity.” There was little financial authorities could do to turn it around, he added.

There are significant financial effects. More than 30 property developers have now joined the real estate giant Evergrande in defaulting on their international debts.

The issue of debt defaults is by no means confined to China. The rise in interest rates internationally has created the conditions where a number of less developed countries will be unable to pay back loans.

Sri Lanka is already in this situation and others, including Kenya, Egypt, Bangladesh, and Pakistan, could follow. According to Leland Goss, general counsel at the International Capital Markets Association, borrowing in emerging markets, even before COVID hit, grew from $3.3 trillion, a quarter of economic output, to $5.6 trillion, around one third, in a decade.

Goss told the FT the prospect of “possibly systemic debt crisis” was real. “Creditors with exposures to not one, or a few, but many sovereign borrowers could have large aggregate exposures” with “potential systemic implications” if they were large financial institutions, he said.

A report issued at the end of last month revealed that emerging markets are already being hit by withdrawals of money. The Institute of International Finance reported that outflows from emerging markets in July were $10.5 billion, taking the total to $38 billion over the past five months—the longest period of outflows since records began in 2005.

The gyrations on Wall Street are driven by the shortest of short-term considerations. Interest rate rises by the Fed may ease somewhat and so the market goes up. But the longer-term implications of the rises so far have yet to take full effect. They will begin to impact when debt, taken out when interest rates were near zero, must be refinanced.

According to the rating agency Fitch, defaults on high-yield US debt could double this year to 1 percent and also double in Europe to 1.5 percent. Other estimates put the rate even higher, as much as 4 percent per year.

Ratcliffe: Biden Gets Advice from Former and Current Employees of ‘Collaborative’ with China BlackRock

3:03

On Thursday’s broadcast of the Fox News Channel’s “America’s Newsroom,” John Ratcliffe, who served as Director of National Intelligence under former President Donald Trump, argued that the Biden administration is “one of the worst offenders” when it comes to ignoring warnings from FBI Director Christopher Wray about the threat of China and part of this is due to Biden getting advice from people who worked for BlackRock, an investment firm that he says “has been more collaborative and complicit with the Chinese Communist Party, soft on China than anyone.” And that unless the Biden administration approaches China with the right mindset, “China’s going to continue to be aggressive and to bully and to be more forthright and move, not just in the Indo-Pacific, but around the world.”

Ratcliffe stated, “It’s like when you look out the passenger side window of your car, you see the words, ‘Objects in the mirror are closer than they appear.’ And in this case, that’s China, and that’s what — the warning that Director Wray gave yesterday and that he’s been giving for years and that many of us have been giving. … China does intend to own the control points in the global marketplace and in geopolitics. They intend to dominate economically, technologically, militarily, and they are willing to spy and steal and lie and cheat their way to superiority. And the message yesterday was to businesses and universities that they need to get that. But one of the worst offenders, I think, as you pointed out, Bill, is the Biden administration. They are just — they’re not getting the message and they’re taking down many of the guardrails that were put up in place in the Trump administration to counter China’s aggression.”

He added, “[Y]ou have to look at who’s making the policy there. So, President Biden’s top economic adviser is Brian Deese. His top foreign policy adviser announced last week on China is Tom Donilon. Those are both BlackRock executives. BlackRock as an investment firm has been more collaborative and complicit with the Chinese Communist Party, soft on China than anyone. Those are the people that are making policy decisions…ending the DOJ China Initiative, and in response to China’s aggression just two weeks ago saying, Bill, that if we interfere with Taiwan, they will put us on a path to death and smash us to smithereens, the response from the Biden administration was, we need to consider easing tariffs. So, we’re sending the wrong message. The Biden administration from the beginning has gone back to this misconception that China is a strategic competitor. They are not. They are a lying, cheating, stealing competitor. They are a strategic adversary that intends to dominate us. And again, until that mindset takes hold in this administration, China’s going to continue to be aggressive and to bully and to be more forthright and move, not just in the Indo-Pacific, but around the world.”

Follow Ian Hanchett on Twitter @IanHanchett


BIDEN IN PRISON!   -  WE ALL KNEW IT WOULD ONE DAY COME!

Coming soon





He wasn’t supposed to say that



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


‘Whatever You Need’: How Hunter Biden Helped the CCP’s Premier Influence Group Gain a US Foothold

Emails reveal how  (GAMER LAWYER) Hunter got (GAMER LAWYER) Obama to officially recognize partnership

Hunter Biden, an unidentified man, then-vice president Joe Biden, and Finnegan Biden in China in 2013 / Getty Images
 • August 18, 2022 5:00 am

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The Biden administration last month warned of a Chinese Communist Party front group that seeks to "co-opt" state leaders as part of Beijing’s sprawling foreign influence operation. Emails from Hunter Biden’s laptop show the first son and his business partners helped the organization gain a foothold in the United States while his father was vice president.

In 2015, Biden’s partners lobbied the State Department to publicly approve a partnership between the Chinese People’s Association for Friendship with Foreign Countries and State Legislative Leaders Foundation, a nonprofit group that hosts forums for state legislators and corporate leaders. Hunter’s team portrayed the initiative as a boon for U.S.-Chinese relations.

But emails show they hoped the U.S. government’s recognition of the partnership would help the foundation establish an office in Beijing. It is not clear why the partnership—or the Obama administration’s blessing of it—would have helped Hunter Biden’s business prospects. What is clear is that he and his colleagues believed it would: Biden associate James Bulger wrote in a July 17, 2015, email that the Beijing office would be "a great business driver" for a joint venture they sought with Harvest Fund Management, a Chinese investment firm led by Henry Zhao, a businessman and reported member of the Chinese Communist Party.

The lobbying campaign proved wildly successful on all fronts. After a September 2015 meeting with Chinese president Xi Jinping, President Barack Obama endorsed the partnership between State Legislative Leaders Foundation and the Chinese group. Months later, Hunter Biden’s company finalized its multimillion-dollar deal with Harvest Management.

Biden’s emails, which have not been previously reported, show how the younger Biden helped a Chinese Communist Party influence outfit that his father’s administration now views as a national security threat. The Office of the Director of National Intelligence said last month that the Chinese People’s Association for Friendship with Foreign Countries seeks "to directly and malignly influence state and local leaders to promote the PRC’s global agenda."

On April 28, 2015, Bulger told Hunter Biden that State Legislative Leaders Foundation president Stephen Lakis wanted to meet to discuss a path forward to setting up a SLLF office in China and creating a partnership between his organization and the Chinese organization.

"Whatever you need on this just let me know and I'll make it work," Biden replied.

Between April and July 2015, Biden’s longtime friend and business partner Eric Schwerin arranged meetings between the State Legislative Leaders Foundation and State Department officials to help advance the partnership with the Chinese group. Schwerin, who had dozens of White House meetings with members of then-vice president Joe Biden's office, was "instrumental" in arranging the State Department sessions, according to an email from Bulger.

The Biden group’s primary goal was to have Obama reference the collaboration between the State Legislative Leaders Foundation and the Chinese group in his upcoming meeting with Xi Jinping. On May 11, 2015, a foundation adviser wrote Evan Ryan, who then served as assistant secretary of state for educational and cultural affairs, that a reference by Obama would help them gain "top level approval" from Chinese officials to set up a foundation office in Beijing.

Ryan, who now serves as White House cabinet secretary and is married to Secretary of State Antony Blinken, appears to have played a major role in midwifing the partnership. Schwerin noted in an email to Biden that Ryan had "helped with" the effort to officially acknowledge the foundation's work with the Chinese group. Other emails show Biden and Schwerin in frequent correspondence with Ryan on other matters.

The U.S. intelligence community has increasingly warned that Beijing uses American businessmen and nonprofit groups—often through "deceptive and coercive" means—to promote China’s political agenda in the West. Republicans have said Hunter Biden would have been a prime target for such an influence operation, given his extensive dealings in China and his access to policymakers in Washington. Biden, who is under federal investigation over his taxes and foreign business dealings, earned millions of dollars from a deal with CEFC China Energy, whose chairman was suspected of having ties to Chinese military intelligence. Biden also provided legal services to a CEFC executive whom he referred to as "the fucking spy chief of China" and who was convicted for trying to bribe African officials for oil rights.

The Chinese People’s Association for Friendship with Foreign Countries and State Legislative Leaders Foundation have hosted five "Cooperation Forums" in Honolulu, Las Vegas, Wuhan, and Shijiazhuang since 2015, providing the Chinese influence group access to dozens of state legislative leaders and American business executives. While the U.S. government has not publicly scrutinized the forums, the State Department in 2020 pulled out of a forum between the Chinese group and the National Governors Association due to the former's efforts to "spread Beijing’s malign influence in the United States."

Biden’s associates began lobbying the U.S. government as a ploy to land a lucrative investment from Harvest Fund Management, one of China’s largest asset managers. Biden allegedly touted his family’s political connections in seeking a $5 million investment from Harvest founder Henry Zhao, the Washington Free Beacon reported. Zhao is believed to be a Chinese Communist Party official, according to the New York Post.

The Biden team had worked with the State Legislative Leaders Foundation before. The foundation helped Biden and his associates at the private equity firm BHR Partners in 2015, when Hunter’s team helped the Aviation Industry Corporation of China purchase Michigan auto parts maker Henniges Automotive, the Free Beacon reported earlier this year.

The Biden emails provide a detailed roadmap of how the State Legislative Leaders Foundation, the Biden team, and Zhao sought to use an official blessing from the U.S. government to advance their business interests. In a September 2014 email, Lakis, the foundation president, told Zhao he was a "shareholder" in Bulger’s company. He urged Zhao to consider an investment in the Biden joint venture, saying he had "every confidence that such a partnership will be beneficial to all parties."

Back in China, Zhao was "working with the Chinese Governments [sic] counterparts in Beijing" to have the foundation's efforts mentioned during the Obama-Xi summit in September 2015, Bulger told Biden in a July 17, 2015, email. Having the initiative mentioned in an official document for the summit "would be a huge boost to [Zhao’s] effort in China." That in turn "would be a great business driver for Burnham/Harvest," referring to their joint venture, said Bulger. Bulger, a relative of mobster Whitey Bulger, also wrote that Zhao wanted Biden’s "help with this matter."

The emails do not detail what steps Biden took to help the initiative, but he cheered the partnership between the foundation and the Chinese group in a November 2015 email to Zhao. Biden wrote he was "very happy to hear that the State Legislative Leaders Foundation matter was worked out and was highlighted during President Xi’s State Visit in September."

Burnham and Harvest finalized the joint venture in March 2016, according to emails Biden sent to Zhao.

"This is an exciting milestone and I look forward to helping building [sic] a cross border institution that helps investors in our respective countries across the globe," Biden wrote Zhao on March 18, 2016.

While Biden had high hopes for the partnership with Zhao—he said his company had "no greater partner" than the Chinese businessman—the joint venture went south in May 2016 after another Biden partner, Devon Archer, was indicted on fraud charges.

It is unclear whether President Biden was aware of his son’s activities, though Hunter has kept his father in the loop on several of his other business ventures. Joe Biden met in 2017 with Michael Lin, a longtime Hunter business partner who advised the State Legislative Leaders Foundation on its first foray into China, the Free Beacon reported in May 2021.

None of Biden’s associates—Schwerin, Lakis, or Bulger—have registered with Congress as lobbyists, despite their outreach to the State Department. None returned requests for comment. Biden’s attorney and the White House also did not respond to requests for comment.

Most of the media have never given a damn about the Clinton (LAWYER), Obama (LAWYER) or Biden (LAWYER) corruption, which is massive.                                                                             JACK HELLNER


Laura Ingraham: President Xi is an evil dictator....but joe loves all

dictators, particularly those who are generous to crackhead hunter!

https://www.youtube.com/watch?v=XWAU-wFqhkQ


Hunter Biden is currently under federal investigation by Joe Biden’s Justice Department for tax fraud, money laundering, and violation of lobbying laws, the New York Times reported. Hunter has reportedly been trying to settle the case out of court, paying $1 million to the IRS to evade conviction or a possibly long sentence.


WHERE DID ALL THE MONEY COME FROM? WHERE DID ALL THE MANSIONS COME FROM?

THE ENTIRE BIDEN FAMILY IN BED WITH RED CHINA

Jesse Watters: Joe Biden just proved he's compromised


New details further link Hunter Biden to China’s payroll

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


The author of Red-Handed: How American Elites Get Rich Helping China Win, explained, “This started out as a Hunter Biden story and is now with Joe Biden story. He is at the center. He is the planet which the moons in the family Hunter Biden and James Biden revolve.”

From Schweizer’s NY Post article:

For those wondering why Joe Biden is soft on China, consider this never-before-reported  revelation: The Biden family has done five deals in China totaling some $31 million arranged by individuals with direct ties to Chinese intelligence — some reaching the very top of China’s spy agency.


Joe Biden collects $400,000 a year in salary as president.  According to the New York Post, Biden and his family have collected $31 million from China.  Jesus said we cannot serve two masters.  If Biden has collected $31 million from China, that raises the question: what do the Chinese want in return?  Does that $31 million make China his biggest concern?  Could it be that his primary job is serving the interests of China, while his role as president is a moonlighting gig?


 DO A SEARCH FOR WAR PROFITEER DIANNE FEINSTEIN AND RED CHINA!

            BIDEN KLEPTOCRACY

RIDING THE DRAGON: The Bidens' Chinese Secrets (Full Documentary)

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

           THE BIDEN KLEPTOCRACY

American people deserve to know what China was up to with Joe Biden, especially when Beijing had already shelled out millions of dollars to Biden family members — including millions in set-asides for “the big guy.” What else is on that infamous Hunter Biden laptop? The conflicted Biden Justice Department cannot be trusted to engage in any meaningful oversight on this issue. We need a special counsel now.   

The Biden family's corruption 'spans the globe': Schweizer



Biden, the frontrunner among 2020 Democrats, often touts his middle-class bonafides on the campaign trail. Although Biden did not become a multi-millionaire until he left the White House in 2017, the same cannot be said of his family. In fact, several members of the Biden clan became immensely wealthy over the span of the former vice president’s 40-year political career. HARIS ALIC

Watters: The Five (CRIME) Families of the Democrat Party

https://www.youtube.com/watch?v=BBpvvHethg0 


HOW MANY ARE LAWYERS???

Schweizer: ‘It’s Going to Be Business as Usual’ for Hunter’s Dealings

https://www.breitbart.com/clips/2021/01/20/schweizer-its-going-to-be-business-as-usual-for-hunters-dealings/


Joe Biden, the corrupt, unaccomplished 47-year career politician, with a reputation of having been a proud segregationist, an unabashed plagiarist and liar, a resolute tale-teller, and a serial flip-flopper, is pretending to head up a radical social-democratic ticket for President of the United States that includes as his running mate the ambitious, disagreeable junior senator from California: Kamala Harris. 


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