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Trump Learns a Valuable Lesson
What A Heartwarming Story
Civil Disobedience
Figures Don’t Lie, But Liars Figure
It’s an old saying, but never truer than today, when profoundly false figures are being used to fuel the COVID hysteria. In less than one year, the rulers of the US and many other countries have successfully closed down businesses, decimated social interaction, shut down those who sought to seek group solace in their faith, trashed economies and forcibly seized power, replacing democratic structure with executive edict. This has been achieved solely through the creation of fear over a flu virus. Mother Jones has stated, “The staggering death toll was both preventable and entirely predictable. Even aside from his vast personal incompetence… Trump blithely put into practice cherished … Continue reading →
The Emerging Existential Crisis at the Border
Shop all books by Pat Buchanan During a Democratic debate in 2020, the candidates were asked if their health care plans would cover “undocumented immigrants.” Each raised his or her hand, including front-runner Joe Biden. From that stage, the message went forth: If the Democrats win this election, then it is amnesty for all and open borders in America. The message was reinforced by repeated Democratic praise for sanctuary cities, by calls to “abolish ICE” and end deportations, by pledges to stop work on Donald Trump’s wall, if not to tear it down. Message sent to Mexico, Central America and … Continue reading →
The Fed Is Enabling Biden and Congress’s Destructive Agenda
According to the Congressional Budget Office (CBO), 2021 will be the second year in a row in which the federal debt exceeds Gross Domestic Product (GDP). CBO also projected that this year’s federal deficit will be 2.3 trillion dollars, which is 900 billion dollars less than last year. However, CBO’s projections do not include the 1.9 trillion dollars “stimulus” bill Congress is likely to pass. The CBO’s report was largely ignored by Congress and the media. One reason the report did not get the attention it deserves is Federal Reserve Chairman Jerome Powell’s continued commitment to making sure Fed policies … Continue reading →
Source: The Fed Is Enabling Biden and Congress’s Destructive Agenda
Watch the Debt Double
| US debt on track to double by 2051, raising risk of financial crisis, CBO says |
| In fox6now.com, by By Megan Henney, March 7, 2021 |
| “The federal debt is poised to double to 202% of gross domestic product over the next 30 years, according to the Congressional Budget Office, heightening the risk of a financial crisis in the U.S. The nonpartisan office projected that federal debt will be 102% of GDP by the end of this year and will nearly double that by 2051. Such high debt levels could increase borrowing costs, slow economic output and increase the danger of a financial crisis, the CBO said. The outlook does not take into account the additional spending that Congress is expected to approve this year, including President Biden’s $1.9 trillion coronavirus relief package that Democrats hope to enact in the coming weeks, as well as an expensive infrastructure bill. Republican lawmakers unanimously oppose the latest stimulus measure, criticizing the size and scope of the legislation and pointing to the nation’s ballooning deficit — which hit $3.1 trillion in fiscal year 2020 — as a reason to avoid extraneous spending when they say the economy is already poised for a strong recovery from the pandemic. “The risk of a fiscal crisis appears to be low in the short run despite the higher deficits and debt stemming from the pandemic,” the CBO said. “Nonetheless, the much higher debt over time would raise the risk of a fiscal crisis in the years ahead.” The federal budget deficit, the gap between what the U.S. spends and what it collects in taxes and other revenue, is expected to reach 10.3% of GDP this year, the second-highest level since 1945. The budget deficit could balloon to 13.3% of GDP in 2051 after dropping slightly in 2031 as the economy rebounds from the pandemic-induced recession. Driving the deficit surge, the CBO said, is the increasing cost of serving the debt: Net spending on interest will triple relative to GDP in the two decades leading up to 202. Spending on programs like Social Security and Medicare is also expected to rise. “High debt levels will slow income and wage growth, increase interest payments, place upward pressure on interest rates, reduce the fiscal space available to respond to a recession or other emergency, place an undue burden on future generations, and heighten the risk of a fiscal crisis,” the Committee for a Responsible Federal Budget, a non-partisan group, said in a statement. They added: “While policymakers are rightly focused on responding to the current crisis, they cannot and should not continue to ignore our long-term fiscal situation.”” |
| *This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision. |
The Unholy Sacrament of the Damned Vaccine
As someone who follows the Way of Jesus Christ, and therefore is libertarian in that I entirely agree that human freedom and liberty is reflected in the ability to make choices, I in no ways present myself as someone who has the right to compel anyone to do anything or not to do anything; I am specifically discussing the “vaccines,” currently manufactured by Pfizer, Moderna and Johnson and Johnson that have been administered to tens of millions of Americans, in addition to many throughout the world. Articles posted on LewRockwell.com by Bill Sardi (whose site also contains accessible copies of … Continue reading →
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