Biden May Let Iran Collect Billions for Release of U.S. Hostages



Republished below in full unedited for informational, educational, & research purposes.

“Iran also expects the United States to unfreeze billions of dollars in Iranian assets.”

What’s worse than a formal deal with Iran? An informal deal with the Islamic terror state.

The enforcement elements of the formal deal were mostly worthless and put Iran on a track to nukes. You can only imagine how truly spectacularly reliable they’ll be on the informal deal.

The Biden administration has been negotiating quietly with Iran to limit Tehran’s nuclear program and free imprisoned Americans, according to officials from three countries, in part of a larger U.S. effort to ease tensions and reduce the risk of a military confrontation with the Islamic Republic.

The U.S. goal is to reach an informal, unwritten agreement, which some Iranian officials are calling a “political cease-fire.” It would aim to prevent a further escalation in a long-hostile relationship that has grown even more fraught as Iran builds up a stockpile of highly enriched uranium close to bomb-grade purity, supplies Russia with drones for use in Ukraine and brutally cracks down on domestic political protests.

Islam does allow cease-fires with infidels. But the cease-fire only lasts until the Islamic cause is in a position to annihilate the infidels it reached a cease-fire agreement with.

The upshot of the deal is that Iran promises not to enrich uranium beyond a certain point, will stop trying to kill Americans in Iraq, and won’t aid Russia too much. In return, sanctions relief, as per usual.

Also cash for hostages.

“Iran also expects the United States to unfreeze billions of dollars in Iranian assets, whose use would be limited to humanitarian purposes, in exchange for the release of three Iranian American prisoners whom the U.S. calls wrongfully detained. U.S. officials have not confirmed such a linkage between the prisoners and the money, nor any connection between prisoners and nuclear matters.”

“In what could be a sign of a developing agreement, the United States issued a waiver last week allowing Iraq to pay $2.76 billion in energy debts to Iran.”

Iran’s negotiating style tends to depend on playing hard to get. It’s not that its negotiators are more talented, but they understand that they represent national interests and that they’re playing an enemy.

Our negotiators want to give up everything in exchange for the reassurance that they’re making the world a better place.

Much like Hitler and Chamberlain, it’s not much of a competition.

The only remaining question is how many billions will Biden let Iran have in exchange for more hostages.

MONICA CROWLEY: What are the dangers of a digital dollar?~A threat to all our freedoms!

‘The Monica Crowley’ podcast host Monica Crowley warns about the push to adopt a digital currency across the western world on ‘Kudlow.’

Powell is deep in ‘monetary madness,’ ex-Fed board member warns~US recession will hit ‘everywhere all at once,’ economist warns~Home Depot co-founder calls for Fed resignations~Maria Bartiromo: The Federal Reserve is ‘walking a fine line’

US recession will hit 'everywhere all at once,' economist warns

Macro Mavens President Stephanie Pomboy and former Reagan admin economic adviser Art Laffer analyze potential market reaction to the Fed's rate hike decision Wednesday.

‘BRUTAL’ TRUTH: Home Depot co-founder calls for Fed resignations

Home Depot co-founder Ken Langone makes a 'draconian' suggestion for the entire Federal Reserve board to resign.

Maria Bartiromo: The Federal Reserve is 'walking a fine line'

Republicans Demand Spending Cuts Before Raising Debt Ceiling

Republicans Demand Spending Cuts Before Raising Debt Ceiling



Republished below in full unedited for informational, educational, & research purposes.

House Speaker Kevin McCarthy and the new Republican-controlled Congress were given an extension by Treasury Secretary Janet Yellen earlier this month to remedy the debt ceiling by June to avert a catastrophic default on U.S. debt. That gives them less than five months to find an agreeable solution. 

The United States reached its debt limit of $31.4 trillion on January 19, with the Treasury Department using “extraordinary measures” to ensure the federal government will not default on its obligations. Both Congress and President Biden will need to agree to raise or suspend the statutory debt limit before June to keep the government solvent. 

The Republicans, who have a slim majority in the House, are demanding spending cuts as part of any deal to raise the debt ceiling. But they face a difficult challenge, as Biden has already rejected the possibility of linking increasing the debt ceiling with cutting federal spending. Administration officials believe the debt ceiling should be raised as part of a clean vote, without other conditions attached.  

Being fiscally responsible and making spending cuts is easy to talk about, but the real conundrum Republican lawmakers are facing is what and where to find these spending cuts. Coming up with a solid plan is making life difficult for McCarthy and the narrow majority. 

NBC shared,  

“There’s gotta be cuts in spending. That has to happen,” said Rep. Marjorie Taylor Greene, R-Ga., an ally of McCarthy, R-Calif., and the far right.  

But she declined to get specific when she was asked what should be cut.  

“I haven’t really formulated an exact list,” she said. 

There are many general areas of government spending that Republicans would love to cut, but they are divided on specific programs, including Medicare, Social Security, and military funding. They are willing to cut domestic non-defense spending, although it’s a small part of the overall budget and most likely won’t make much of an impact on balancing the budget. One thing they all agree on is that there should be no new tax revenues to reduce the debt.  

Speaker McCarthy will need to find a way to avoid another defiant stand by GOP representatives who will not budge from their core principles if he is to get a debt-ceiling bill passed and Biden’s signature. Those members of the House who sought concessions during McCarthy’s run for the speaker’s seat will pose the greatest challenge to his leadership.  

NBC continued:  

“I have said since I first ran that I would not vote for a debt ceiling increase apart from the cuts in spending that would put us on a path to fiscal responsibility,” said Rep. Bob Good, R-Va., who declined to elaborate on what specifically that would look like. 

Rep. Ralph Norman, R-S.C., who landed a seat on the powerful Rules Committee, said he wants to see “a downward trajectory” in long-term spending as part of any increase in the debt ceiling. 

Rep. Anna Paulina Luna, R-Fla., another of the 20 initial McCarthy holdouts, said a debt limit bill should have an amendment to balance the budget over 10 years to win her vote.

Luna said she wants to do it without tax increases or Social Security or Medicare cuts. “Where there’s a will, there’s a way,” she said. 

Adding to McCarthy’s challenges within his own party is knowing that Biden is defiant and setting the stage for a long, drawn-out battle over the debt ceiling.  

The Hill reported:

“If Republicans want to work together on real solutions and continue to grow manufacturing jobs, build the strongest economy in the world and make sure Americans are paid a fair wage, I’m ready,” Biden said in remarks on the economy in Springfield, Va. “But I will not let anyone use the full faith and credit of the United States as a bargaining chip…. The very notion that we would default on the safest, most respected debt in the world is mind-boggling.” 

If an agreement can’t be reached in time, the consequences of default could include a stock market crash, a recession, higher interest rates, a weaker dollar, and a government unable to meet all its obligations — from funding the military to providing Social Security benefits. 

No one knows what Congress will eventually offer up as a solution, but it is apparent that the battle lines have been drawn and all sides are digging in, hopeful to win the day. The bottom line here is that no matter what happens with the debt ceiling, it will be the American taxpayer who will once again have to pay for our fiscally irresponsible government.  

Treasury Prevents Default for Now as America Reaches Debt Limit

Treasury Dept. resorts to 'extraordinary measures' after US hits the debt limit

Treasury Prevents Default for Now as America Reaches Debt Limit



Republished below in full unedited for informational, educational, & research purposes.

The United States reached its debt limit of $31.4 trillion dollars on Thursday, leading the Treasury Department to begin using “extraordinary measures” to ensure the federal government will not default on its obligations. According to conventional wisdom, both Congress and President Biden now need to agree upon raising or suspending the statutory debt limit before June to keep the government solvent. Of course, a third option, slashing federal spending to lower the debt burden, is not on most lawmakers’ agendas.

Treasury Secretary Janet L. Yellen in a letter to Congress said, “beginning on Thursday, January 19, 2023, the outstanding debt of the United States is projected to reach the statutory limit.  Once the limit is reached, Treasury will need to start taking certain extraordinary measures to prevent the United States from defaulting on its obligations.”

Those extraordinary measures the Treasury will implement this month are, “(1) redeeming existing, and suspending new, investments of the Civil Service Retirement and Disability Fund (CSRDF) and the Postal Service Retiree Health Benefits Fund (Postal Fund), and (2) suspending reinvestment of the Government Securities Investment Fund (G Fund) of the Federal Employees Retirement System Thrift Savings Plan.”  

Yellen was forced to implement these measures as Biden and Congress are far from any agreement on the debt ceiling.  “I respectfully urge Congress to act promptly to protect the full faith and credit of the United States.” she wrote in the letter.  

The White House is currently refusing to negotiate with the newly empowered fiscally conservative Republicans on raising the debt ceiling as Biden thinks they will eventually back off their demands, as investors, business groups, and moderate conservatives warn of the impending default and its political consequences. 

Responding to a question on if the nation could avoid default, White House Press Secretary Karine Jean-Pierre said during a press briefing, “It is essential for Congress to recognize that dealing with the debt ceiling is their constitutional responsibility. This is an easy one. This is something that should be happening without conditions. And so, we’re just not going to negotiate about that.” 

The Washington Examiner reported that House Speaker McCarthy (R-Calif.) said: “his plan is to negotiate a balanced budget with the Democrats to start paying down the $31 trillion debt.” Adding, “We are six months away, approximately, and what I would like to do is I would like to sit down with all the leaders and especially the president who had started having discussions. I don’t see why you would continue the past behavior. […] Who wants to put the nation through some type of threat at the last minute with the debt ceiling? Nobody wants to do that.” 

The debt limit is the total amount of money that our government is authorized to borrow to meet its existing legal obligations, including Social Security and Medicare benefits, military salaries, interest on the national debt, tax refunds, and other payments. Congress has voted to increase the debt limit more than a dozen times in the last 25 years. The United States has been in default four times since the nation’s founding. 

What makes matters worse is “the dramatic rise in interest rates over the past few months — the Fed funds rate target is currently between 4.25% and 4.50% — the national debt will be growing at a rate that makes it even harder to ignore,” reported a MoneyWise article

According to the Peter G. Peterson Foundation’s debt clock, the $31.4 trillion gross national debt equals $94,170 of debt for every person in the country. Currently, more than $965 million is spent every day just in interest on the national debt. The Foundation estimates that the amount of interest will triple over the next decade, making it the fastest-growing item in the federal budget. 

Congress needs to reduce spending and our national debt before the June deadline. And the way to do that is to get back to the Constitution, which means ending all federal programs that fall outside the scope of the Constitution’s enumerated powers. The political theater now in play is a dangerous game that potentially will have a lasting negative economic impact on us all. As Reuters reported, “From both an economic and a financial perspective, a failure to raise the debt ceiling would be an unmitigated disaster,” said David Kelly, chief global strategist for JPMorgan Chase & Co funds. 

Kelly continued, “While a failure to increase the debt ceiling is the most immediate fiscal threat to the economy and markets in 2023, the damage could also be done either by continuing to neglect deficits altogether or by inflicting very sharp fiscal tightening on an economy which is now thoroughly hooked on the drugs of monetary and fiscal stimulus.” 

Yellen Tells Congress the U.S. Will Exceed Its Debt Limit on Thursday

Treasury Secretary Yellen Tells Congress the U.S. Will Exceed Its Debt Limit on Thursday



Republished below in full unedited for informational, educational, & research purposes.

Secretary of the Treasury Janet Yellen sent a letter to Congress warning that the United States will exceed its statutory debt limit this Thursday and that the Treasury Department must begin employing “extraordinary measures” at that time to stave off default.

“Failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the livelihoods of all Americans, and global financial stability,” Ms. Yellen wrote.

Meanwhile, Republicans are insisting that any increase in the debt limit must be accompanied by a reduction in spending. Joe Biden and the Democrats are saying no negotiations will be entertained. The impasse sets up potentially the most consequential and bruising fight between the executive and legislative branches in decades.

For our VIPs: Is the Debt Ceiling Fight a Hill Republicans Should Die On?

“The American people are the ones that are demanding the cut in spending,” Rep. Jason Smith, a Missouri Republican and the chairman of the powerful House Ways and Means Committee, said Friday on Fox News. “We have to have fiscal reforms moving forward. We cannot just give an unlimited credit card.”

The new rules adopted by the House last Monday eliminate an easy path to raising the debt limit. The new Congress dropped the so-called Gephardt rule that in the past has allowed Congress to automatically increase the debt limit without a vote.

The White House is banking on an ad-hoc, bipartisan group of lawmakers to bypass the House leadership and pass a new debt limit.

The New York Times:

That group includes the entire Democratic caucus in the House and Senate, plus a handful of Republicans needed to pass bills in both chambers. Such a coalition could employ a rare tactic in the House, called a discharge petition, to force a floor vote on raising the limit. But the move would take weeks or even months to produce a bill that Mr. Biden could sign into law, which could threaten default if lawmakers misjudge the date when Treasury can no longer pay the nation’s bills.

The uncertainty surrounding that date is what’s going to make the next few months a free-for-all. With Democrats insisting there will be no negotiations and Republicans insisting there won’t be an increase in the debt limit without them, which side is going to blink first?

Republicans are carefully preparing the battlefield. They’ve developed a plan to tell the Treasury Department what to do if no deal on the debt limit is reached before whatever deadline is given by the Treasury Department.

Washington Post:

In the preliminary stages of being drafted, the GOP proposal would call on the Biden administration to make only the most critical federal payments if the Treasury Department comes up against the statutory limit on what it can legally borrow. For instance, the plan is almost certain to call on the department to keep making interest payments on the debt, according to four people familiar with the internal deliberations who spoke on the condition of anonymity to describe private conversations. House Republicans’ payment prioritization plan may also stipulate that the Treasury Department should continue making payments on Social Security, Medicare and veterans benefits, as well as funding the military, two of the people said.

What about Medicaid or air traffic control?

Such a move would be unprecedented and hugely controversial, and even releasing the plan could turn into a major political liability for the GOP. A hypothetical proposal that protects Social Security, Medicare, veterans benefits and the military would still leave out huge swaths of critical federal expenditures on things such as Medicaid, food safety inspections, border control and air traffic control, to name just a handful of thousands of programs. Democrats are also likely to accuse Republicans of prioritizing payments to U.S. bondholders — which include Chinese banks — over American citizens.

“Any plan to pay bondholders but not fund school lunches or the FAA or food safety or XYZ is just target practice for us,” a senior Democratic aide told The Post.

This is a recipe for disaster, which is why Republicans aren’t really serious about this. Lawmakers and the White House will eventually sit down, if for no other reason than to calm financial markets that, if history is any guide, are going to go crazy the closer we get to a “drop-dead” default date. As far as a debt prioritization plan, the Democratic Senate will never agree to it, so in the end, it’s just an exercise in PR.

Yellen said in her letter that the date when all “extraordinary measures” are exhausted will probably be in early June. That’s not a lot of time for Congress to remake the federal budget and cut hundreds of billions of dollars in future spending.

How FEMA Put ‘Equity’ Ahead of Disaster Management; “Find opportunities for equity in the big chunks of federal money.”



Republished below in full unedited for informational, educational, & research purposes.

“It is our lowest income communities and our communities of color that are most impacted by these extreme conditions,” Kamala Harris told the Democratic National Committee’s Women’s Leadership Forum during the recovery effort for the victims of Hurricane Ian.

“We have to address this in a way that is about giving resources based on equity.”

That is what FEMA is already doing.

FEMA uses something called the National Risk Index to calculate the risk to any area. The NRI can then be used to determine which communities should get how much funding to cope with natural disasters. Armed with an NRI evaluation, cities, counties and towns can apply for Hazard Mitigation Assistance grants. Billions in these grants have been handed out. The trouble with the NRI is that it’s less science and more sociology. And very leftist sociology at that.

The Index is made up of three components, the actual natural hazard, “community resilience” and “social vulnerability”. The last is really affirmative action for natural disasters. As FEMA puts it, social vulnerability calculates the “susceptibility of social groups to the adverse impacts of natural hazards”.Or as the old joke has it, “Earth destroyed: minorities hardest hit.”

Except with FEMA, it’s not a joke, it’s policy.

“Black and African American communities often suffer disproportionate impacts from disasters,” FEMA Administrator Deanne Criswell claimed.

FEMA’s social vulnerability data set lists the percentage of immigrant, Asian, Hispanic and black populations as representing a higher “vulnerability” to a natural disaster. A town that is 40% black, 33% Hispanic, and 12% Asian is calculated by FEMA as being more at risk than a town that is made up of 23% Italian-Americans, 44% Irish, 9% Jews, and 18% Swedish-Americans.

Grants to prepare the town and the area for a hurricane are likely to be awarded accordingly.

Two towns with the same risk level, but different racial numbers will put the minority town ahead of the non-minority one when it comes to aiding to prepare for a disaster.

That racial discrimination is built into FEMA’s algorithms. When FEMA personnel tell federal and state legislators that they’re just following the numbers, they are actually using numbers that were specifically racially biased to provide affirmative action disaster planning and reward the Democrat electorate with special preferences. Some of which flow to the politically connected.

The racial bias at FEMA is part of the overall ‘equity’ push by the Biden administration. Every component of the federal government, from the military to NASA to FEMA was obligated to offer a political loyalty oath in the form of an equity plan. And to conduct political equity indoctrination sessions within their organizations and bring in leftist groups to lecture them on their politics.

FEMA’s Building Alliances for Equitable Resilience begins with a rejection of equality in favor of equity. The introduction by Chauncia Willis, a former wellness and diversity coach, urges disaster officials to reach out to “LGBTQ+ advocacy groups, Black Lives Matter chapters”.

Black Lives Matter is better known for causing national disasters than remedying them.

Willis claims that minority groups may feel the impacts of natural disasters most “severely” because of “immigration status”, “race”, and dictated that equity should be “a goal throughout all parts of your work”.

Jo Linda Johnson, the director of FEMA’s Office of Equal Rights, argued that the “whole community must be honest and acknowledge that the historical denial of equity and lack of opportunity to participate in economic, social, and civic life is intertwined with current concerns.”

Instead of actually working on disaster relief, FEMA was being transformed into a welfare system oriented toward denouncing America and white people as racist.

The FEMA brochure urges, “Find opportunities for equity in the big chunks of federal money.”

These days, FEMA talks about equity more than disaster relief. The set of priorities could be clearly distinguished when FEMA Administrator Deanne Criswell commented on the confirmation of her deputy, Erik Hooks by stating that he would help “infuse equity across our agency, advance our nation’s emergency management and readiness and address the growing threat of climate change.” Equity comes in ahead of emergency management.

FEMA’s three missions are now identity politics, responding to emergencies, and global warming advocacy. Only one of those is actually the non-partisan task it’s supposed to be performing.

And it’s not as if FEMA has been shy about putting identity politics at the center of its agenda.

In his statement to the Committee on Homeland Security last year, Hooks revealed that FEMA’s new strategic plan under Biden was to “(1) instill equity as a foundation of emergency management; (2) lead whole of the community in climate resilience, and (3) promote and sustain a ready FEMA and prepared nation.”

Equity came first, global warming second, and disaster response third.

Hooks spoke at length about “instilling equity as a foundation of emergency management”, identity politics quotas at FEMA, “ensuring our employees increasingly reflect the diversity of the nation”, and global warming. He spent less than a minute on actual disaster response.

Under Biden, FEMA leaders talk in activist leftist terms about bringing social change. “At FEMA, we strive to place equity at the center of our efforts and do our part in addressing and correcting these historical injustices,” Criswell declared.

“At FEMA, and across the Biden-Harris Administration, we know even more work must be done if we are to live up to the promise of Juneteenth and ensure everyone in this country lives a life of dignity,” Hooks sonorously chanted.

None of this is the job of FEMA, but under the Left, every agency and organization under its control spends most of its time denouncing America and promising more equity.

Meanwhile, FEMA remains fundamentally broken.

Every round of natural disasters brings more congressional hearings, media outrage, and FEMA officials explaining why they messed up this time. When the FEMA failures happen under a Republican president, they’re front and center, but when they happen under a Democrat, like Obama, they’re quickly hushed up. Either way, though FEMA has never worked and the rebooted identity politics organization is even less likely to help the people it’s supposed to.

The prominence of identity politics at FEMA will only further undermine trust in it and the statistical tampering that turns risk evaluations into affirmative action will raise questions about a variety of statistical models including those that are utilized for insurance purposes.

The American people deserved an unbiased disaster management agency untainted by racialist and political agendas. FEMA was functionally broken before, it’s now also tainted by racism and partisan agendas. Those need to be rooted out beginning with anything involving “equity”.

When disaster strikes, hurricane, earthquake and other survivors need to believe that they’re not being discriminated against before or after the disaster. The only way to do that is to get “equity” and the “social vulnerability” index out of FEMA before they end up costing lives.

U.S. National Debt Tops $31 Trillion

U.S. National Debt Tops $31 Trillion



Republished below in full unedited for informational, educational, & research purposes.

President Biden’s poor fiscal management of government spending was exposed this week with the release of the Treasury Department’s data pegging the gross national debt of the United States at over $31 trillion for the first time ever in our nation’s history.

In May, Biden claimed his administration was reducing the national debt by $1.5 trillion this fiscal year. At the time, he characterized his administration as “spending hawks,” touting sizable reductions in the federal deficit this fiscal year as a key departure from the “rampant spending” by his Republican predecessor.

Instead, the debt grew rapidly under Biden’s leadership, and sat at $31.123 trillion as of Oct. 3. The new record comes just nine months after the last milestone of $30 trillion, according to the Committee for a Responsible Federal Budget (CRFB), and only five years after reaching $20 trillion. All of this has been brought forth by unprecedented government borrowing and spending with no regard for the shaky ground of our nation’s fiscal situation.

“This is a new record no one should be proud of,” Maya MacGuineas, president of the CRFB, said in a statement. “In the past 18 months, we’ve witnessed inflation rise to a 40-year high, interest rates climbing in part to combat this inflation, and several budget-busting pieces of legislation and executive actions.”

“Just in 2022, Congress and the President have approved a combined $1.9 trillion in new borrowing, and President Biden has approved $4.9 trillion in new deficits since taking office. We are addicted to debt,” MacGuineas said.

Breitbart reported, “The United States has borrowed more in the last decade than at any other time. When former President Barack Obama took office in 2009, the public debt stood at $10.6 trillion. It was $19.9 trillion when former President Trump took office in 2017 and grew to almost $28 trillion when Biden took office four years later, according to the Treasury Department.”

The ramifications of the rising federal debt include greater interest costs for the government, making it harder to spend on basic needs such as national security and infrastructure. Greater spending on interest payments also raises the debt and additional borrowing costs, contributing to a debt spiral.

“As of August 2022, it costs $677.6 billion to maintain the debt, which is 12.66% of the total federal spending,” reported the Treasury Department. “Interest expenses during [the last ten years] have remained fairly stable due to low-interest rates and investors’ judgement that the U.S. Government has a very low risk of default. However, recent increases in interest rates and inflation are now resulting in an increase in interest expense.”

CRFB president MacGuineas added to the urgency of reducing the nation’s debt: “Even more troubling than where the debt stands now is where it’s going. Our nation faces significant fiscal challenges in the near term. Medicare is only six years from insolvency, and Social Security insolvency is only 12 years away. Yet policymakers have put forth no plan to put either program on strong fiscal footing.”

The current statutory debt ceiling is around $31.4 trillion, which is an artificial cap that Congress placed on the U.S. government’s ability to borrow. A potential lame-duck Congress voting in December could very well kick the can down the road to further fiscal duress with a continuing resolution (CR). Lawmakers could use that CR for more time to pass Fiscal Year 2023 funding bills (including annual defense appropriations legislation), or they could finally stop the overspending and right the ship with firm legislation that reduces spending. 

“It is time to remind policymakers that whether to grow the national debt further is within their control. At the very least, they should commit to no further borrowing in 2022 — it cannot be too much to ask that they practice paying for their priorities by abstaining from any new borrowing for just three months. The $31 trillion in debt is a staggering number that should keep them up at night,” stated MacGuineas

As the nation’s debt accumulates, will Biden and Congress take it on and treat it as a true threat to our nation’s security and sovereignty, as they do with their woke policies such as the supposed climate crisis and social justice?

They should, as our bankrupt nation can’t hang on much longer without a drastic reversal of our government’s current spending paradigm.

Biden regime pushing ‘digital dollar’ so government can seize assets at will, control population



Republished below in full unedited for informational, educational, & research purposes.

(Natural News) It’s a safe bet to believe that anytime Democrats propose something, the real purpose behind it is to gain more control over Americans because, at its heart, the Democratic Party is really Marxist and counterrevolutionary.

That’s why the Biden regime’s push for a “digital dollar” should be opposed by all Americans, regardless of their political beliefs.

When Barack Obama and majority Democrats were pushing for universal health care that was completely controlled by the government, tens of millions of Americans opposed the idea because they did not want an inefficient, bloated, and authoritarian federal system in control of their healthcare decisions. That seems odd now, given their complaints about the U.S. Supreme Court’s decision earlier this summer to overturn Roe v. Wade — not to outlaw abortion, but to return the issue to the states where it should have stayed.

The push for “Obamacare” by the authoritarian left was simple: They knew that every American, at various points in our lives, will need health care. Gaining control of the entire industry would mean that the government would control it completely, giving bureaucrats life-and-death power over all of us. No one should want that.

In any event, enough Americans opposed “Obamacare” so all we ended up with was an expensive new welfare program for our citizens: Subsidized insurance for a smaller group of Americans that is still controlled by federal bureaucrats. But Obamacare was simply the first bite of the apple: Democrats continue to plot ways to destroy private healthcare by pushing various regulatory schemes to impose more rules over providers and insurers alike.

Now, the regime wants control over our money, which is another vital tool in the authoritarian playbook.

A ‘white paper’ published on the White House website calls for the creation of a “digital dollar” that, of course, will be controlled by the government, much like the government currently has the sole role and responsibility to develop and print our currency (real dollars). But the difference here is that if all money was digital, the government could (and would) monitor our bank accounts; monitor all of our transactions; impose barriers to purchases of certain ‘unfavored’ items; and even block access to our money or limit how much of it we could spend — all for the ‘greater good,’ of course.

“A United States central bank digital currency (CBDC) would be a digital form of the U.S. dollar. While the U.S. has not yet decided whether it will pursue a CBDC, the U.S. has been closely examining the implications of, and options for, issuing a CBDC,” the White House policy paper notes before touting the digital dollar’s “benefits.”

“If the U.S. pursued a CBDC, there could be many possible benefits, such as facilitating efficient and low-cost transactions, fostering greater access to the financial system, boosting economic growth, and supporting the continued centrality of the U.S. within the international financial system. However, a U.S. CBDC could also introduce a variety of risks, as it might affect everything ranging from the stability of the financial system to the protection of sensitive data,” the paper added.

“At last year’s Summit for Democracy, President Biden spoke about the importance of using technology ‘to advance democracies to lift people up, not to hold them down.’ If the U.S. launches its own CBDC, it should advance this democratic vision,” the authors wrote.

Again, Democrats always mean the opposite of what they say. They speak of “democracy” while working daily to undermine it with gun control, packing the Supreme Court, ending the filibuster, and finding ways to alter our electoral processes so that their candidates will always come out on top.

A digital dollar is just part of the never-ending scheme to rob Americans of our independence and liberty. Giving Uncle Sam more control over our lives is just dumb.

Sources include:

Globalism, central bank money printing are the real root causes behind inflation and shortages



republished below in full unedited for informational, educational & research purposes:

(Natural News) In an op-ed piece for The Epoch Times, economist Patricia Adams made the case that almost every problem society currently faces is a result of globalist policies that date back decades.

Much of it centers around the fictitious notion of “climate change” – or as it used to be called, “global warming.” This is what triggered major moves away from cheap and abundant fossil fuel use, which has helped civilization as we currently know it to thrive.

Insistent that carbon dioxide (CO2), a “greening” molecule, is somehow bad for the atmosphere, the globalists have been on a crusade to eliminate it with things like electric-powered cars and soybean-based “meat.” The result is our current economic crisis.

“If not for the specter of climate change – for decades one of the globalists’ central preoccupations – the world’s energy situation would be radically different,” Adams writes.

“Canada’s tar sands wouldn’t have been demonized and the country would have built the Keystone XL Pipeline and other pipelines to transport ever greater quantities of energy across the continent and beyond.”

There also would have been liquefied natural gas facilities built along the Atlantic and Pacific coasts of Asia, the Americas, and Europe, generating a boon of “plentiful natural gas” to keep the world running cheaply and efficiently for the benefit of the most amount of people.

“‘Net Zero’ policies wouldn’t be crippling the financing of new fossil fuel facilities,” Adams adds. “Carbon taxes wouldn’t be making energy ever more expensive.”

Is it already too late for America?

Central banking is, of course, also a culprit and key player in the inflationary crisis. Its policy of endless money printing, which has been occurring under both Republicans and Democrats for many decades, is ballooning the money supply while cheapening the value of the dollar over time.

That cheapening has really picked up speed in recent months as the “everything bubble” economy expands to the point of a full-on explosion and implosion that has yet to arrive – but that is coming very soon, you can be sure.

Adams does not talk about this at all in her piece, but rather points to the overarching scourge of globalism, which governs the Federal Reserve and the money supply, as the main problem behind inflation and shortages.

“Despite the globalists’ climate change policies, carbon dioxide in the atmosphere – now at 400 parts per million – has reached record levels,” Adams explains.

“This has been a boon for the planet because CO2 – also known as nature’s fertilizer – has produced a bounty of bumper crops. Australia reports record wheat, barley, and canola crops and near-record sorghum crop. India, the world’s second-largest producer of wheat, expects record exports this year. Brazil expects record corn. Russia, with another record crop, will be the world’s largest wheat exporter.”

Had things just been left alone, free of the clutches of the globalists, there would be more than enough food for everyone at affordable prices. The free market would have done its job with the help of reasonable regulations and protections for We the People.

Unfortunately, globalism has been winning the fight against humanity, and the world so far has only gotten a small taste of the apocalyptic consequences that are soon to come once the “economic hurricane,” to quote JPMorgan CEO Jamie Dimon, hits the United States.

“How do We the People know that America hasn’t been sold to a foreign cartel by our traitorous politicians?” asked someone at the Times. “How do we know that America isn’t a satellite state of a super-government?”

Others pointed out that the country has probably already crossed the Rubicon and is

soon to collapse, no matter what is done now to try to stop that inevitable outcome.

If the contents of this story piqued your interest on these subjects, you will find more stories like it at

Sources for this article include:

Food inflation has now reached 12.6% PER MONTH, corporate media blames Putin, not money printing

Image: Food inflation has now reached 12.6% PER MONTH, corporate media blames Putin, not money printing



republished below in full unedited for informational, educational & research purposes:

(Natural News) Since its inception in 1990, the U.N. Food and Agriculture Organization (FAO) Food Price Index has never been higher than it was in February, compliments of endless money printing and many decades of corrupt monetary policy.

The corporate-controlled media, however, is blaming Vladimir Putin as it always does whenever the financial terrorists find themselves in another bind.

Food inflation is soaring around the world by about 12.6 percent monthly, at this point, and the only thing the talking heads in the media are allowed to say is that it’s Russia’s fault for invading Ukraine.

Never mind the fact that inflation has been on a steady upward trajectory for many years or the fact that governments’ Wuhan coronavirus (Covid-19) plandemic tyranny destroyed the supply chain. No, just make Putin the punching bag, as usual.

According to the latest reports, prices for food commodities like grains and vegetable oils reached their highest levels ever in February. And ABC News claims that this is because of “Russia’s war in Ukraine,” and not because of central banks like the Federal Reserve that have been printing fiat currency like crazy over the past several years.

“The U.N. Food and Agriculture Organization said its Food Price Index, which tracks monthly changes in international prices for a basket of commodities, averaged 159.3 points last month, up 12.6% from February,” ABC further reported.

Will the world ever wake up to the reality of financial terrorism and how it destroys economies?

A 17.1 percent rise in grain prices is also being blamed on the war in Ukraine, which has become something of a catch-net for every bad thing that happens these days.

“This is really remarkable,” said Josef Schmidhuber, deputy director of FAO’s market and trade division, about the current inflationary climate. “Clearly, these very high prices for food require urgent action.”

The worst-hit commodity is vegetable oils, which rose 23.2 percent over the past month. Ukraine is the world’s leading exporter of sunflower oil while Russia holds the second spot, so it is easy for the overlords to blame the conflict between these countries as the culprit.

“There is, of course, a massive supply disruption, and that massive supply disruption from the Black Sea region has fueled prices for vegetable oil,” Schmidhuber further told reporters in Geneva.

Schmidhuber says he cannot calculate specifically the exact degree to which the war is causing these financial problems, and that “logistical factors” are also playing a role, as are poor weather conditions in some countries.

“Essentially, there are no exports through the Black Sea, and exports through the Baltics is practically also coming to an end,” he explained.

A big red flag that points to financial terrorism as Enemy No. 1 in all this is the fact that the globalists have been trying to crush decentralized cryptocurrency ever since Putin invaded Ukraine, claiming that he might try to “evade” banking sanctions if the crypto-sphere is not quickly swept into the clutches of the existing financial paradigm.

In other words, the globalist central bankers do not want people migrating away from their fiat currency Ponzi schemes and into crypto, so they are using Putin as their scapegoat to claim that crypto needs to be destroyed in order to keep everyone “safe” against the war, or something.

“For me, the most depressing thing is not bankers and politicians,” wrote someone at Natural News about the situation. “I expect them to be evil, just like I expect cockroaches to be cockroaches.”

“No, the most depressing thing is the stupidity of average people, who only think what their cell phones tell them to think. Just as the peasants supported vax mandates because ‘Covid,’ the peasants now support tyranny because ‘Ukraine.'”

More related news coverage can be found at

Sources for this article include:

PETRODOLLAR PUKES: Cracks emerge in U.S. dollar dominance as Saudis consider accepting Chinese currency for oil sales to Beijing

Image: PETRODOLLAR PUKES: Cracks emerge in U.S. dollar dominance as Saudis consider accepting Chinese currency for oil sales to Beijing



republished below in full unedited for informational, educational & research purposes:

(Natural News) Since the end of World War II, the British pound was replaced as the world’s reserve currency with the U.S. dollar, which put Americans at a distinct advantage by making our money the strongest and safest in the world.

But in recent years, there have been emerging threats to King Dollar’s dominance, thanks in large part to insane ‘America last’ domestic and foreign policies adopted and perpetuated by left-wing Democratic regimes.

There was a temporary lull in the push to demolish American economic primacy during the four years of Donald Trump’s administration, but his MAGA platform so upset the global power structure all stops were removed to prevent him from winning reelection.

Now, after installing the mindless Joe Biden, the deep state powers that be who are propping him up have reimplemented their policies aimed at destroying America because our country is the only one standing between liberty and economic enslavement by a select global elite.

The latest sign that their plan is working: Saudi Arabia, long an ally of the U.S. and perpetrator of the American “petrodollar,” has announced it will consider accepting the Chinese yuan as payment for oil sold to Beijing.

Zero Hedge explains:

One of the core staples of the past 40 years, and an anchor propping up the dollar’s reserve status, was a global financial system based on the petrodollar – this was a world in which oil producers would sell their product to the US (and the rest of the world) for dollars, which they would then recycle the proceeds in dollar-denominated assets and while investing in dollar-denominated markets, explicitly prop up the USD as the world reserve currency, and in the process backstop the standing of the US as the world’s undisputed financial superpower.

Those days are coming to an end.

And it appears as though the catalyst for the USD’s reserve currency demise is Russia’s invasion of Ukraine.

According to The Wall Street Journal, “Saudi Arabia is in active talks with Beijing to price its some of its oil sales to China in yuan, people familiar with the matter said, a move that would dent the U.S. dollar’s dominance of the global petroleum market and mark another shift by the world’s top crude exporter toward Asia.”

Talks with China regarding pricing Saudi oil in yuan contracts have taken place in an on-again, off-again fashion for about six years, but they dramatically increased this year as the Kingdom grew increasingly frustrated with U.S. security commitments to help defend the Saudis going back decades, according to the sources.

These China-Saudi talks, again, are being influenced directly by the policies of the current Biden regime, the WSJ noted.

“The Saudis are angry over the U.S.’s lack of support for their intervention in the Yemen civil war, and over the Biden administration’s attempt to strike a deal with Iran over its nuclear program,” the paper said, adding: “Saudi officials have said they were shocked by the precipitous U.S. withdrawal from Afghanistan last year.”

“China buys more than 25% of the oil that Saudi Arabia exports. If priced in yuan, those sales would boost the standing of China’s currency,” the report continued.

None of this is by accident. The people who operate the deep state are not dumb; they know what they’re doing. They know certain policies embolden and empower our country — like those Trump adopted — and they know which policies will push our allies into other economic spheres of influence and thus weaken our country (which they believe we deserve, for some insane reason).

So this move to alienate the Saudis and hasten the rise of China’s currency at risk to the USD is purposeful. And it comes as other elements of the plan are being put in place thanks to Russia’s invasion of Ukraine, per Zero Hedge:

Russia starving the western world of much-needed resources, sending commodity prices ever higher, while its silent partner China quietly picks up the pieces and takes advantage of Russia’s isolation to approach all those other “non-western” former petrodollar clients to offer them a new product, the yuan, which Beijing is now actively and aggressively pushing to dethrone the dollar as a global reserve currency.

This crash is inevitable, by the way; electing Trump to another four-year term won’t do anything but delay it — that is if our country’s economy has not collapsed already by 2024.

Sources include:

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