Economy

Musk: The Big UGLY Bill Will Drive America to The Abyss

Posted on by Helena

President Trump is threatening to deport Elon Musk.  Why?  Because they adamantly disagree on The Bill.  Other threats include using DOGE to audit Space X , Twitter and Tesla. These are the classic tactics of a dictatorship – eliminating anyone opposed to a singular personality.   In its form, the Big Bill violated everything Trump said during his election cycle when the concept of Big Bills was denounced and every bill was to be no more than a few pages maximum.  Because no one reads Bills – they use assistants to peruse the media to see what is being said and create crib-notes to be voiced by Senate and House Reps to give the impression they have ‘a clue’.

Lest We Forget:  Elon spent unpaid months of his own time with his own team of DOGE siphoning thru the expanse of waste and fraud inherent in every government office.   They worked long hours, sleeping on the floor, tearing through mazes after mazes of funding lapses and provided reports to the Trump administration.    Most of which Trump ultimately ignored, with the exception of USAID.    They were working For The American People. Trump is working For The People of Israel.

Imagine being told that corruption and fraud is allowed if its connected to anyone with a Jewish name.  Worse, not one person was ever charged with the blatant fraud committed inside the US Government.  No charges.  No implementation.  No consequences.  No savings.

According to Musk, the Big Bill will raise the cost of all energy by 50% over the next ten years while increasing the deficit by $4 trillion further pushing America into territory bordering on third world status and pushing the next generation 25-40  year olds into abject poverty.  Right now, the revenue estimate of the Tariffs is $30 billion.  It would take 156.67 years to pay off $47 Trillion.  Assuming nothing changes. 

As you push the next generation of wage earners into financial oblivion, the government kills its revenue stream.  Meaning borrowing to exist and achieve nothing.

When the price of energy rises, it directly influences just about every other industry.  When Germany cutoff their cheap source of energy from Russia – manufacturing tanked, shut down, bankrupt.  When CoVid was declared, the swing in prices was due to the cost of transport whether by rail, truck, plane or shipping.  The ONLY way to bring prices down is cheap energy. 

Wind and solar have been subsidized by tax credits.  The tax credits lower income taxes paid to the government.  Classically, numbers associated with the credits and the subsidies are all over the place.  Giving all of them little to no value or substance as a result.  They are not calculated they are emotionally driven opinions.The revenue associated with the fuel taxes paid to the government is roughly $40 billion a year, depending on the economy. 

What the analyses do not tell you is that ‘subsidizing companies’ is a Big Beautiful CROCK!  The top two companies subsidized by Taxpayers are:  Boeing and Amazon with a combined amount of roughly $26 billion from federal, state and local governments.   The list is an eye opener and includes bizarre notables such as Koch Industries, Goldman Sachs, BAYER, Microsoft, Eli Lilly, etc… Some of the companies are NOT America owned: https://subsidytracker.goodjobsfirst.org/parent-totals

What is happening is insanity.  ALL Taxpayers subsidize companies making billions to keep the prices down on products that may or may not be consumed by Taxpayers.  While the executives of these companies are allowed to use those funds for their Maga-million salaries.  Targeting Musk and Tesla is petty ego compared to the Big Ugly Picture. 

Example:  Oil and Gas companies receive Taxpayer subsidies through the federal government.  In addition, the federal government taxes the fuel bought by Taxpayers causing taxpayers to pay MORE for the subsidized fuel.  The entire point of a subsidy is for consumers to pay LESS.  It is like a sucker punch.  Corporate Welfare.

While claiming SS is broke.  While incurring an annual deficit of $2.5 Trillion.  Our entire market system is rigged to implode. And yes, Trump is fueling the fire Big Time. 

What should have occurred:  1.  Trump imposes all savings and cuts according to DOGE.  2.  Trump eliminates half of government agencies.   3.  Trump eliminates government pensions.   4.  Trump makes peace – eliminates overseas bases, reduces DOD budget by 50% and cancels the CIA.  Trump shuts down the Federal Reserve.  IRS is capped at 10% tax rate.  5.  No subsidies – no bailouts – no sanctions – no NATO – no UN. 

US Economy: Trump Accomplishments and Failures

Posted on by Helena

The US housing market is a mess.  The cost of insurance and property taxes are wholly unaffordable.  The job market for educated, non burger flippers, is abysmal.  Gas is still over $4 in many areas, and the US economy is floundering under high interest rates and absurd debt!    How much is it costing taxpayers to bomb Somalia daily?  Yemen?  Syria?  Iran?  All while completely supporting every single Jewish Israeli? 

As a GM at an auto dealer, my son’s bonus’ on sales of foreign cars was slashed to zero to compensate for the tariffs.  Trump pledged to offset the tariffs with lower taxes…  The tariffs have already been imposed, but the tax rates have remained untouched by the administration (IRS adjusted rates for inflation – not for tariffs).

 The ICE vetting is no longer concentrated on gangland – but on ‘many’ private persons who are in the US illegally, including a woman who has lived here for 47 years.  There needs to be a redrawing of compassion allowances…  Allowing cotton pickers but not people who have lived here and contributed to society for 30-50 years seems a bit recklessly cruel.

Over the last twenty years, the US has killed nearly 1 million citizens in Middle Eastern countries at a cost of $5.8 trillion.  Indirect deaths in the Middle East wars ratchet an additional 3.8 million.   In 2024 alone, the US military spent roughly $1 Trillion.  Yet barracks are wretched hell-holes of mold, rats, and crumbling decay.    Always, the justification is to come to the aid and assistance of the country we bomb.  Yet we can’t even give our military proper housing or food rations… because there is no money left.

According to RAND, 26% of active duty servicemen are utilizing food banks and/or SNAP to gain food security!    Instead, we spend $2.4 billion on one really cool B-2 bomber to level chaos and destruction and applaud.   And then supply them to Israel immediately so they can bomb Lebanon yet again.  This is NOT America First. 

Between 2016 and 2021, the US sent to Somalia $1.395 Billion for ‘Peacekeeping Operations’.  Simultaneously we bomb Somalia every day to assure that the country is unable to rise out of poverty and profit from their own resources.  For PR purposes, these conflicts, wars and bombing all come under one glorious heading:  Counterterrorism.  And suddenly all the NGO’s that supported Wars, Neoconservatism, and Democrat hawks are applauding Trumps continuous bomb operations… 

The US Economy shrank by .5% the first quarter.    The stock market continues upbeat but that has zero impact on 38% of employees who have no stock holdings.  A high percentage of financial advisors now require a minimum of $500,000 to create a portfolio.  Eliminating the 20-45 year old range of earners.  And not one President has taken reality to heart.

The system the US operates under is wholly broken.  We are not capitalist.  Not a democracy.  We are Socialist quickly moving into Marxist/Communist territory as we watch America burn and crumble like Nero.  All of us.   Despite all the fraud that Musk unveiled, naming names, NGO’s, etc…  no one has been arrested.  Why?   The rogue CIA continues unabated inside Ukraine launching drone attacks on Russia, while Trump says he wants to make deals with Putin.  Why?   The Department of Education that was supposed to be eliminated issued a budget for FY 2026 of $66.7 billion.   The previous budget was $51 billion – an increase of 30%!!

A person making between $48,000 and $103,000 is losing nearly 40% of their taxable earnings to federal, state and social taxes.  President Trump ran his campaign on changing that theft.  Nothing has happened.  Instead bombing other countries indiscriminately to fight terrorism is more important use of that 40% that vanishes into the black book of ‘unaccounted for funds’.   In particular, the DoD and Department of State – two agencies which kicked out Musk’s audit.  Two agencies which have failed every public audit for a decade or more.

I’m not too old to remember the corruption and fraud were focus points for elimination…and criminal charges.  Alas it appears the real criminals that stole billions from US Taxpayers are allowed to skate.

I wonder where Israel is going to get the funds to rebuild the bombed buildings and scrape Gaza?

TRUMP DERANGEMENT Hits Libertarian Expert Economists

Posted on by Helena

The Atlantic is writing what it writes best – Trump Derangement.  Obsessively.  After four years of posting libelous slander against Trump, they sought an interview and are now decidedly miffed that ‘they’ would be denied!  “How Dare He!”  They muse.  As though The Atlantic is the Supreme Media of the World, aka Ashley Parker and Michael Sherer.  So, their response is to write more libelous slander. 

They start their derision via the statement, “Just four years ago after the violent insurrection he fomented, Trump appeared to be finished.”   1)  Not one person  of the 1200 was charged with ‘insurrection’.   2)  Not one court has ever found President Trump fomented anything.  But those statements precede a slew of derangement that borders on psychotic obsession; “I run the country and the world”.

The bully is peeved that his bullying wasn’t working so the bully decides to create bigger bully narratives – implying that Trump thinks he is king of the world. 

When comparing Trump to such ninnies as Macron, Zelenskky, and Starmer, it is easy to see how the perception might fit.  But then these ninnies were installed for just that reason – to be ninnies easily handled by the string handlers on the Marionettes.   Most notably after Trump ceremoniously told Macron to go away (in modern language terminology) while speaking to Zelenskky at the Basilica in Rome.  And Macron, being a ninny, did.

Making Macron an even bigger ninny for all the world to see.  Dismissed. 

At the heart of the Rage is the fact that Trump’s Tariffs DID work exactly as he stated they would because every country is now bending over backward to negotiate a more America First fair compromise.   So while all the naysayers and self described ‘expert economists’ wrote on their commentary pages from both Liberal, Republican and even Libertarian perspectives as to why this would never work – they are all eating soap.  They failed miserably to understand the Art Of The Deal was to get them to come to him.  Full Stop.

At Politico, an expert ‘conservative’ economist, Jessica Riedl, formerly known as Brian Riedl, illustrates why Trump’s policies are destructive given he caused the Market Crash that wasn’t…  Economics 101:  A market crash in a single day would require a greater than 10% drop – or over a larger time frame a drop of 30%.   YTD, the DOW is down 5.4%.  For example in 2007 the market peaked at 13,113 dropping to 7208 in March 2009.  That equates to a drop of 45%!  Short-Term memory!

Recession:  The behemoth in the room is still US Debt.  How to make it go away.  Not ONE Economist has even attempted to delve into creating a means to resolve this problem – and instead just tell us everything Trump does is wrong!   THAT is wholly unproductive – and border line – stupid.  But the reason they can’t solve the problem is not unlike Pharma can’t ‘cure’ anything.  So both entities spin on their hamster wheel and pretend their collective do nothingism makes them an ‘expert’ along the tombs of Nietzsche and his life is death philosophy.

Reality.  How do you relieve debt?  In the world of Dave Ramsey you reduce your expenditures and consolidate debt into lower interest costs.  You negotiate away some debt – and begin a payment plan.  Which is exactly what Trump is doing!  Yet still all these ‘expert economists’ including ones who have the afore mentioned ‘derangement syndrom’ obsession.

Brian Jessica Riedl is a senior fellow at the Manhattan Institute whose opening self-congratulating tag line is, “The Manhattan Institute Works To Keep America And It’s Great Cities Prosperous, Safe And Free.”    GAG!   In Keeping America prosperous, the Manhattan Institute leases space at 52 Vanderbilt Avenue where rent is a mere $51 per square foot.  Their minimum sq foot office space would thus run $13,550 per MONTH.  Helping the poor. Their Trustees are all quite wealthy and their Chairman, Paul Singer, a Jewish vulture capitalist, is known as “a pioneer in the business of buying up sovereign bonds on the cheap, and then going after countries for unpaid debts”  Stellar man – all things hate Trump, supported Rubio… 

TWEETER:  Riedl – Trump Approval CRASHING!   As supported by the appropriately named, SurveyMonkey.  SurveyMonkey sells survey templates and a global panel to leverage what you want the survey to ‘say’.   As of 2023, SurveyMonkey is owned by Symphony Technology Group founded by Bill Chisholm, a democrat.  Once again the Uniparty of Liberals and Rhino’s are bludgeoning the China Shop.

It gets better:  SurveyMonkey CEO was Dave Goldberg of Jewish regalia married to Sheryl Sandberg of Facebook who comes from the Clinton Klan!  Goldberg died in 2015 and Sheryl remarried Tom Bernthal a former NBC news producer.  As Facebook’s COO, Sheryl was a regular at the World Economic Forum.

This is Riedl’s vision of ‘conservative economics’.  The kind of conservatism that comes wrapped in a Blue ribbon sported by a Donkey’s Arse.  What these Trump Ragers don’t seem to understand is that every time they RAGE – we know Trump is moving in the right direction – HE IS HITTING THEIR BUTTONS!

ECONOMISTS: Like Big Pharma – No CURE Blowhards

Posted on by Helena

While US factories began relocating to Mexico as far back as the 1960’s, it was in 1994 when NAFTA facilitated further moves.  The reasons were primarily low cost labor and lax environmental regulations which boosted profits.  By 2010, 1/3 of all US manufacturing had  disappeared leaving huge employment gaps to the tune of 6 million job losses and contributing to the 2008 Recession.  By 2015, the US trade deficit in manufacturing hit a whopping $832 BILLION.

To make matters worse, the manufacturing sector of both Japan and Germany post WWII was propped up US Taxpayers via the Marshall Plan.  Furthering the shift, R&D money given to Universities was spent mostly on Big Pharma instead of innovation, leaving the US behind as China sprung forward.  And the final gasp came when financial institutions pushed for outsourcing to better the bottom line and move away from vertically integrated companies. 

Like social credit or DEI – if companies didn’t tow the mandate, they lost contracts and funding opportunities.   Banks Ruled.  Tipping the scales of manufacturing into the abyss.  Making America dependent on the whims of import duties imposed by EU countries, China, Japan, and the South Asian countries.    

It was Apple’s success in its business model wherein all manufacturing was done in China that prompted a slew of US manufacturers to abandon America for greener pastures and higher profits – which translated into CEO pockets bulging with cash. 

Where did China get it’s R&D?   From Israel mostly.  In the 1980’s Israel sold technology to upgrade Chinese tanks, planes, radar, missiles, navigation systems, and unmanned aerial vehicle technology.   Why would Israel want to compromise America?  CIA Director, James Woolsey brought the claim to Congress in 1993 claiming it had been ongoing for a decade and at the time amounted to multiple BILLIONS. 

In fact, the alliance between Israel and China has grown so strong that US aid to Israel is no longer necessary and China supports Israel’s right to Palestinian genocide.  In other words, Israel bought China’s allegiance by undermining US military secrets. 

The classic elite naysayers have come out in full manic panic over Trump’s Tariffs, ignoring the fact that over 100 countries have now come to the negotiating table.  Not one of the naysayers has a solution, they simply promote their ‘expert voice’ to deride, complain, and hack the Trump agenda.  The gob-speak has become something akin to liberal vaccine rhetoric!  Ignore facts!  Provide no alternatives.  Just Scream the loudest. 

Nothing about the debt and the interest obligation, nothing about the deficit spending, nothing about manufacturing, R&D, or massive government waste…  Pool’s of supposed Economic PhD’s pushing – you can’t,  it won’t, impossible, bad, really bad, until the sound of their voices in unison sound like a Squad Parade of Fools & Jesters.   These same jesters working at various neo-NGO’s who have been backstabbing China for a decade are onboard China’s trade deficit simply to deride Trump…

When I was a University student, Economists were considered one of the joke professions.  They make no contribution to society.  Their predictions are routinely false.  And betting against their advice was the only way to profit.  Adding a PhD to their stable of degrees only seems to make them a bigger jackass. 

Economic analysts at Goldman Sachs in January 2021:  “lockdowns will hit the economy, but not too hard.”  Lockdowns destroyed the economy.  After the “Pandemic” – The Tragedy of Economist Apologists…  Then there is this lovely tidbit:  Economists agree that inflation is caused by an increase in the money supply.  Reality.  Government spending causes inflation.  Government expansion causes over-spending.  Printing money for deficit spending by the Government – causes inflation. 

Economists are like Big Pharma – they cure nothing.  The world would not miss them should this career become obsolete.  Most become anti-matter writers for pundit magazines and liberal media because their worth is $-0-.   Their largest employer?  The Federal Government.

Argentina’s Milei: The Bolshevik Success Story of Poverty

Posted on by Helena

Ukraine is considering slicing and dicing their parliament by one third.  Does that make Zelenskky a Libertarian?  Argentina’s Milei has been cooking the books via his Rabbi mentor who pronounced Bidenomics a Great Success Story.  Telling America inflation was 4% when prices were up 150% seems to run in the Family of The Little Napoleans.  Milei is apparently using obsolete items in his breadbasket of goods with obscure weighting like Magi’s in Lucy’s Sky of Diamonds.

Included in Milei’s breadbasket of indexed inflation – landline telephones and print newspapers…   The economy is so robust in Argentina that the IMF is willing to in-debt them an additional $20 billion – on top of the IMF $44 billion they can’t pay off, amidst a the total debt of $400 billion.  ‘Don’t Worry – Be Happy!’  Argentina will not get the entire $20 billion in one fell dump, they get the funds in 2 stages.  Somehow this additional debt will be the end to all of Argentina’s problems and the economy will rise exponentially!! 

And given Milei dropped the value of the Peso by 50% – and refused to peg the Peso to the dollar, the interest payments won’t be nearly as high…  Right?  Today the Peso is work – .00093 against $1.

Imagine Trump devaluing the dollar by 50% in one day!  Somehow, I don’t think there would be celebrations in the streets… However, Milei claims to be a Libertarian, therefore all is well and given this infusion of debt the Milei economy is expected to become the best in all of South America… albeit, within sometime after 30 years of intense poverty ~per Milei. 

Milei follows the guidelines of the Mises Institute which requires the majority approval base of the citizens to be effective…  Simultaneously, Argentina has been roiled in massive protests and strikes.  Why?  People can’t afford food – which is a low value item in the breadbasket of inflation indexing per the government.  “But people can afford a Newspaper!”  Hallelujah.  And inflation is only 60%!  Except it isn’t.  Any more than inflation was 4% under Biden.  Magicians.

In fact, the Argentinian economy is in the twalette and Milei and his Rabbi are directly responsible.  Shimon Axel Wahmish is Milei’s advisor and ambassador to Israel.  According to Milei, as result of Shimon’s guidance, Milei is now an internationally recognized scholar on the Torah.  The same Torah that denounces Jesus Christ.   And – Easter.

There are roughly 180,000 Jews in Argentina amongst a Catholic population of 45.3 million = .4%.  Somehow, this .4% were able to elect Milei.  Not unlike the Catholic male Mexico electing Jewish female Scheinbaum.  Or the false concept that 80 million Americans voted for Biden…  It didn’t happen.   What did happen was Israel expanded their colonies.  And utilized Libertarian hocus-pocus to play the stage.

Argentina’s previous Ambassador to Israel, Urribarri, was forcefully resigned and sent to prison for eight years for graft and embezzlement. 

What caused Argentina’s hyper-inflation?  Government spending and debt.  2025 – government spending is projected to continue to increase peaking at 117,554,800 ARS.  According to the CATO Institute as of 2020:  “Major peso devaluations have, of course, been associated with each crisis. And with those devaluations, the burden of Argentina’s debt load explodes, and defaults follow.  To put out the fires associated with these defaults, Buenos Aires has regularly rung the alarm at the International Monetary Fund’s (IMF) firehouse. But this has been to no avail. It’s often made things worse…”

Translation:  1)  Argentina is cooking the books with respect to the real value if inflation.  2)  Argentina has pushed 60% of the population into poverty in less than 2 years.  3)  Despite slashing government offices, government spending continues to RISE.   4)  A host contributor to Argentina’s malaise is about to increase as the IMF gives them another $20 billion on their outstanding $65 Billion in default.

The IMF programs don’t provide cures but instead create addicts!

MILEI:  “Economic growth depends on institutions. The central axis is the institutions because those institutions shape the framework and the moral foundations of a society.”  This ideology is completely perpendicular to Libertarian Mises who emphasized educating The People.  Milei holds that ‘institutions’ are the basis of Rule and Power and that citizens are simply compliant muttons. 

Elon’s DOGE Is OK, But Mises Is Way Better ~ Jorge Besada.   Critique.  Translation:  “Despite my perception of Milei being wholly flawed, Musk is not an economist like me and inferior in his methodologies although they work.”

Be Careful What You Wish For

Doug Casey – Investors – Bankers; Profits Good/Tariffs Bad

Posted on by Helena

Doug Casey; a self-described anarcho-capitalist atheist from an uber wealthy family whose law degree from Catholic University (or Georgetown – various different reports), worked in ‘department store analysis’, all of which somehow gives him expertise in Economics and Finance, is quite visibly denigrating President Trump as a liar and estranged from reality.    Calling for a 1929 Depression.  His views have been prominently displayed across major media – why?

He has ego – and he has money.

Tariffs directly impact the most wealthy simply because they spend on extravagances.  Whereas, federal taxes can be manipulated with offshores and write-offs.   The point of the Tariffs was to leverage the elimination of federal taxes – as espoused by the Libertarian, Heritage Institute.  For some reason, Casey’s Libertarianism is defined differently.

The Casey Solution to Government Debt:  “ make chainsaw-like cuts to entitlements, national defense, and welfare while reducing the national debt to lower the interest cost.”  Reducing the debt means making payments.  With a One Trillion interest liability per year, where are those ‘payments’ going to come from?    

Casey promotes the actions of “Libertarian” Milei arguing Argentina instituted reforms in their government that have caused low property values, a mining boom, and the collapse of ‘certain regions’ which gives the moneymen a chance to make more money.  What Casey FAILS to note is that Argentina’s poverty rate is now 57.4%.  Food lines cannot meet demand.  And the middle class is completely lost.  Yet  somehow, Casey feels this is the best parallel for America to follow.   

In other words, Casey sees Argentina’s absolute spiral into hell as a means for him to make money and this is how he views America.  I seriously doubt that a 60% poverty rate in America would be met with Hallelujah’s!   

The median salary in Argentina is $370 per month ($4440 per year) – poverty wage is $272 per month.  The bank interest rate is 31.81%.  The cost of a home is between $40,000 and $600,000.   Obviously home ownership is nonexistent.  To live comfortably in Argentina, a foreigner would need $2425 per month – yet the average Argentinian only makes $370 per month.   Casey owns a wine and residential sporting estate project called Estancia de Cafayate in Salta Province, Argentina.

La Estancia de Cafayate is a 550-hectare (1360 acre) secluded wine and residential sporting estate that includes Vineyards, Golf, Polo, Spa, Gourmet Restaurant, Luxury Hotel and horses.  Cost to build:  $863 Million.  The homes run in the range of half a million – NOT for the peasants.

Full Disclosure.

This is Casey’s success story!  Self-adulation.

But it reveals where his allegiance lies – investing for himself to make more money on the backs of those in poverty.  Speaking of which, bank profits are coming in with stellar reviews given the high interest rates that have impacted the little people.   JP Morgan beat the earnings per share crystal ball by nearly 10%.   Bank of America by 7%, while the Bankers all foretold of earnings collapse under the Trump Tariff plan.  WHY?   Bankers stand to lose under a lower dollar.  Why?  Because tariffs by default hit Wall Street while helping US businesses extend exports as the dollar falls.  A form of wealth redistribution to the local economy – away from the 10% that own Wall Street.  Project 2025, written by Libertarians explains how the tariff imbalance has impacted US exports and specifically farmers, ranchers, manufacturers and workers.   Who it does NOT mention are “Bankers”.

Last year Jamie Dimon of JP Morgan coughed up a $39 million compensation package.  $37 million of the package was in the category of ‘performance bonus’ given the bank’s profits were up massively as the peasants suffered under inflation and interest rates.  The average credit-card rate is now 20-25% with the highest coming in at a whopping 40%!   Tariffs discourage borrowing and thus, discourage bank profits at USURY.  Usury being tied to every major expelling of Jews historically.

Banks and Bankers are not here to help the 90%, they are here to make money for the 10% – so when they scream at Trump’s tariffs it is because they know it will hurt ‘them ‘.

MEDICAID & ACA vs Government Contribution to Society

Posted on by Helena

MEDICAID SPENDING:

States are in a frenzy as they have continued to dole out free Medicaid for illegals and citizens who fraudulently manipulate the system for free healthcare.   Unlike medicare which is funded by payroll taxes, Medicaid is a freebie funded by ALL Taxpayers as a welfare entitlement.  Created in 1969 by Johnson’s Marxist/Socialist regime under the auspices of The great Society, Medicaid quickly became yet another Ponzi scheme of fraud.   It is tied toa person’s stated income – and does NOT take into its algorithm – assets.  

Over 85 million or 26% of all Americans are collecting Medicaid at an annual cost of nearly $1 trillion.   any member of a household with income up to 138% of the federal poverty line qualifies for Medicaid coverage under the provisions of the ACA.  That poverty line is $15,650 per individual or $21,600 at the 138% threshold or $7.82 per hour.   As an example:  Walmart’s starting pay is $14-$19 per hour.   Target is $15 to $24 per hour and McDonalds is $12 to $15 per hour.

In other words, NO ONE who is working is making the poverty threshold – yet 85 million US citizens claim they are.  And we as Taxpayers are footing that bill – not the Feds or the states – US, you and I!   $15 per hour is the equivalent of $30,000 per year – $19 is $38,000 and $24 is $48,000.   Statistically, 52% of payments are for seniors and disabled who represent 21% of enrollees.  Seniors:  does that include the 5million over the age of 108? 

Statistics:  12% of the US population is in poverty.  But more than double that get Medicaid.  27% of disabled live in poverty.  But 31% of the disabled are veterans who qualify for VA Health – not Medicaid.   So WHERE is the money going?  $1 TRILLION.  States say they are ‘Cash Strapped’  – of course they all happen to be Blue states; Colorado, California, Maryland and Washington among the top tier.

There are 990,000 doctors in the US for a population of 330 million.  There are just 96,000 in Canada for a population of 40 million.    

The Topsy Turvy:  Obamacare or ACA was created to ‘reduce the cost of health insurance premiums for those who are not eligible for Medicaid, Medicare, or employer based insurance’.   So  ACA subsidies are over and above Medicaid.  There are 21 million people enrolled in Obamacare.  So, we now have 1/3 of the US population getting subsidized healthcare.  Before this welfare program I paid $300 per month for a family of four – zero subsidies.

There are over 22 million state and local government workers.  There are approximately 3-4 million federal employees (they are not exactly sure).   There are an additional 2 million federal civilian employees – which would include the CIA.  Approximately 163 million private employees are supporting 28 million government employees.   IF Trump were to eliminate the federal tax and instead tariffs, ie consumption, replaced these taxes, by default the uber wealthy would be paying the majority of funds into the government.   While ordinary consumers would likely revert to buying local boosting internal spending via choice spending.  

Healthcare needs a massive reboot!  he average cost of health insurance for a family of four is now $1500 vs the $300 I used to pay.  The reason is NOT that doctors are getting pay raises – the reason is fraud, waste, welfare, and government.

That isn’t socialism – this is Communism – full BLOWN.    

This identifies how the Middle Class came to no longer exist.  Eaten away by extraordinary costs to pay for illegal immigrants and government employees contributing no benefit to society while making far more than those paying into the system and receiving a pension upon retirement.  A pension that pays out 250% more than SS.  This is what Musk was referring to when he lashed out at Peter Navarro calling him ‘dumber than a sack of bricks’ with Navarro stating Musk doesn’t ‘build the cars’.  

Musk owns companies that contribute to society – Navarro and the majority of government workers simply feed off Taxpayers.   It is also likely, that the bottom dwellers Musk and DOGE have uncovered and have yet to release their findings to the media per Trump’s order  – is based on that premise.    And Musk is royally pissed at the extent of this revelation.

Tariffs, The Global Economy, And Sovereign Wisdom

Posted on by Helena

TIME to pull out the crystal ball for the Economy:

The US Economy has been running on deficits and debt for literally decades.  Band-aides after the 2008 crisis didn’t Fix the source and instead capped the bleeding temporarily.   The Banks caused the recession and Taxpayers were then told to pay for the Bank’s Reparations.   So they could do it all over again.  When super-imposed on a picture of a household, the concept seems so easily understood, yet ostriches will be ostriches and burying our head in the sand is what we do best.

Borrowing to pay off debt was the mainstay of the Construction/Real Estate Development business in the 1980’s.  I know because I lived it.  Contrary to mainstream economists, the Federal Reserve has since its inception created the extreme of troughs and highs that they were tasked with modulating.  Jerome Powell has no intention of mitigating those errors and will bully the markets into another trough. 

HISTORY:  Throughout the 1800’s ‘Panics’ were a direct result of wartime boom/busts.  Artificial economies.  Economies built on government unadulterated spending and bank credit.  The previous economic turmoil was post Revolutionary War thirty years prior led by British Bankers.  The Bankers of the 1819 crisis included:  Astor, Parish, Girard, Barker, and Calhoun.  They came from Germany, France and Britain and financed American wars – profiting quite nicely.  

EVERY economic crash can be traced to the actions of Bankers.  As a result, The US decided that bankers were the best source from which to manage the economy for the past 250 years.   Logical. 

The markets are looking to Jerome Powell to stabilize the fallout of Tariffs.  Powell has no interest nor incentive.  Thus the markets are reacting.  President Trump via Project 2025 knew that their tariff policy would have economic consequences.  There was no alternative – maintaining an economy running on debt would lead to the complete collapse of the dollar and an inflationary economy similar to Germany in the early 20th century.  Only, it would be worse given our banknotes are not backed by Gold – they are backed by a bankrupt government.

Therefore, the only way out – is a controlled depression.  And it won’t be FUN.

But it is necessary. 

The $1.598 question is how do you reorganize the government to remove the boom/bust cycle?   Because returning to the credit and banking usury makes a depression another band-aide with no clear solution.  The alternative would have to be an economy built on evolutionary production.  Creation.  Checking ‘ego’ at the proverbial door.  Replacing every effort toward war with expansion.  Including restructuring our infrastructure along the lines of magnetic power, flying cars, water resource development, food production within traditional means, and the reintroduction of values of honor, respect and wisdom.  

The toll that the Liberal sexual predator mentality has taken on our souls is much more vast than we can absorb.   The Rabbi Shmuley’s of the world need to descend back into their caves and indwelling away from society.   The Nephilim.  Once destroyed in Ninevah.  The darkness that dissolves souls into a mental abyss we see in the faces of McConnell et al.   Empty shells of human debris.  No Light.  No bright stars.  No passion. 

As the West continues its antics as the Hare, Russia has become the Tortoise who’s wealth in agriculture, oil and gas and rare earths become a pivotal realization within Trump’s inner circle.  Instead of seeing the benefits this alliance could bring to all Americans, his naysayers continue their diatribe of Russia Bad.  And will sacrifice to the last American before they let go of their personal ego’s.  WHY?  

Look at the Names:  Musk, Wiles, Miller, Witkoff, Homan, Thiel, Vought, Vance, Rubio, Trump, jr, Hegseth, Bessent, Bondi, Patel, McMahon, Kushner, Kennedy, White, Andreesen, Sacks, Epshteyn, and a rash of Hedge Fund Billionaires.  100% Israel First.    An agenda of psychosis that cannot see beyond themselves – what is good for them – not Americans.   Their priorities;  Israel, destroy all goy humanity, Money, and Power.  All of which would be sacrificed should a Russian or China Power be ‘shared’. 

The misnomer within the shared power of US, Russia and China is that America First must be the pen name of all nations, not just America.   China must put America first.  Russia must put America first.  And suddenly, the ideology is no longer a shared global commitment to absolution, but simply another Empirical demeanor.  Globalization failed miserably because it became a tool for trade blackmail, colonization, coups, destabilization, subjugation, and chaos.  

Empires Always Fall.   Sovereignty is the only means of assuring prosperity.  Nonintervention.  Independence within a sphere of mutual respect.  This is where Putin has far surpassed his contemporaries across the Western hemispheres.  Unfortunately, the Barbarians still outnumber the Wise.

Trump’s RECIPROCAL TARIFFS: How Dare He!

Posted on by Helena

World Leaders Plan Next Step After Trump Tariffs:  “…countries have responded with dismay after US President Donald Trump announced “reciprocal tariffs” ranging from 10% to 49%”.  The key phrase = ‘reciprocal tariffs’ – as in Eu countries have been overcharging the US for decades and now they are getting a taste of their own poison.  How Dare the US charge other countries comparable fees that have been charged on American goods!   “This will result in dire consequences for millions of people” ~ Von der Leyen. 

Russia is immune to the tariffs and thus trade will divert to those countries which are fair. The schism is in motion.   The tariff discrepancy has led to trade imbalances for the US, aka Taxpayers, Taxpayers essentially thus supporting other countries to the detriment of our economy.   Economies that grew at rates far greater than the US. 

Example:   Switzerland is stymied that Trump would dare to levy tariffs on their country given that in January 2024, Switzerland declared no tariffs on US Industrials.   But the vast majority of US imports are NOT industrials, instead they include:  gold, blood, vaccines, toxins and jewelry – all subject to tariffs.   A media parlay gamut.  Tch.

According to the Liberal Pundit, The Atlantic, Trump’s trade war will backfire on par with the stock market crash of October 1929.    A new era of non-prosperity.  Liberals are still playing the head-in-sand game regarding an American economy running without oil, causing temperatures within the engine to rise, resulting in overheating, which can cause irreversible damage to various engine parts and systems. Overheating can lead to warped cylinder heads, cracked engine blocks, engine seizure, and other serious issues. Until the car is no longer viable or repairable – a total loss. 

It is true that the stock market will correct.  It is over-bloated, running amok on the Autobahn going 180 kph while the engine literally cracks, parts fly, and a sheer catastrophic crash is imminent.  Or, President Trump can initiate a controlled crash.  There is no other option.  The Maserati is shedding parts faster than an F-35 hitting the speed of sound.  US manufacturing is choked.  Government cannot account for over $20 Trillion in spending.   Taxpayers are in debt to the HILT.   Credit Card companies are charging 27% INTEREST!

And the Pundits claim the economy is the best in the world…  Not a good outlook for the Globe if in fact that is near factual.

The Atlantic hit piece is written by Roge Karma, a 29 year old devout liberal with a BA in political science who thinks he is ‘building bridges’ with his narcissistic denunciation of all things Trump.  The last recession in his lifetime was in 2008 at which time he was 12.  His understanding of the The Great Depression is likely garnered from Hollywood sitcoms.  A classic Liberal egocentric attitude benefited by his branding make-over at McKinsey & Co, Karma is senior editor at the Ezra Klein Show.     

What are the market prospects for the transition?  

MSM Media:  Bank stocks are dropping despite Tariffs having zero direct impact.  Instead, the script reads, “banks could be impacted by tariffs more than you might think. The performance of a bank is highly dependent on the health of the U.S. economy. If a recession hits, for example, consumers spend less, which means lower loan volumes, and it also tends to lead to people having trouble paying their bills, leading to rising loan losses.”

The problem with this statement is that during the entirety of the Biden Regime, the US economy by The People was collapsing under inflation hitting 60%+.   The three major economies of the EU have been in a recession for at least 2-3 years.   Government hiring was propping up a false economic picture as touted by The Regime and now the real numbers are being released while government workers are being laid off, NGO’s are being defunded, and the parlor game unravels.

With stock market panic vibes initiated by the Liberal MSM, the reality is a YTD drop of 3.4% to 4.3%.  Story lines parlay the fear words “Sink” “Plunge” “Recession”.   All to gratify the fault-line.  

 “Citigroup fell nearly 11%, while Bank of America and Morgan Stanley were down 9%. Goldman Sachs and Wells Fargo slipped over 8% each. JPMorgan Chase, the biggest U.S. bank, dropped over 6%.”  

Yet reading ‘news’ regarding the banking sector from months ago – the fallout was already in motion given the housing market has been effectively nonexistent and the commercial market has continued its downward spiral.   All at the hands of Fed Jerome Powell – NOT President Trump.  The decline of investments as businesses struggle against lack of consumer spending in an inflationary spiral.  And the elimination of kickbacks pre-arranged from within the DOGED money laundering and fraud have all contributed to Bank Hits.

Far From OVER.

PERSPECTIVE:  The Market crisis of 1973 + 1974 saw declines of 16.58% and 27.57%.  1977 was 17.27%.  1981 was 9.23%.  2002 was 16.76%.  2008 was 33.84%. 2022 was 8.78%.

 

European Economies Spiral into the Abyss

Posted on by Helena

Tesla European sales are down.  The reason – Elon Musk is cutting government waste and costs in America.   That’s the MSM logic meter.  But the truth is that car dealers are moving to hybrids given electricity prices in Europe are rising exponentially.  Why?   Because cheap natural gas from Russia is sanctioned, while windmills have reached their lifespan and decommissioned and solar is being vaporized by Bill Gates sun blocking initiatives.  In other words, EV automobiles cost too much to operate because of EU Commission ignorant policies.

It is more important to hate Russia than it is to service European citizens.  Since 2020, the price of energy in the EU has risen 450%.   The Financial Times claims that demand must be lowered.  So much for ‘clean energy’.  A  self-combusted agenda that has failed miserably and caused households irreparable harm. 

These energy policies, aka cheap oil and gas from Russia, have also impacted Europe’s manufacturing output, creating inflation, and hardship for everyone not receiving 45% wage hikes.  Since 2022, the EU Commission has given its staff 7 wage hikes.  The most recent, effective April 1st, is for 8% at the high end for Queen Ursula.   This inflation discrepancy is marred in the US as well with Congress asking for 25% to 45% in wage hikes to counter inflation while simultaneously declaring inflation rose 2.5% for Social Security retirees.

One For Thee, Fifteen For Me. 

Yet somehow, Ursula is claiming the EU will increase military spending by $1 trillion.   How?   She has no idea.  She has no training in economics, finance, accounting or any other related degree proficiency.  In fact her expertise is in the medical field.  Wholly unqualified,  she is in charge of running the entirety of the EU. 

In January 2025, new EU car sales dropped 2.6% led by France, Germany and Italy.  In February they dropped again by 3%.   The reason?  The EU is in a cataclysmic downward spiral driven by energy.   And the reason for an energy recession is simply because they refuse to lift Russian sanctions.  Zelenskky recently blew up a pipeline terminal in Russia that provided gas for the EU.   Meaning – the spiral will accelerate.

Blaming Musk because he supports leaders in the EU who embrace their citizens instead of a Soros dirge, is the media hype in a funeral march.  

 Europe’s natural gas supply comes from a mix of sources, including pipelines from Norway (30%), Algeria, and Azerbaijan, and through Liquified Natural Gas imports from the United States (20%), Qatar, and Russia.   Obviously, imports from the US  and Qatar would be shipped via tanker – running on diesel fuel.   Austria and Hungary get their LNG  from Turkey which gets it from Russia – a middle man price scheme.

In the midst of these economic spirals, Germany and France have announced their transition to a war economy, wherein higher taxes, more borrowing and higher inflation are typically interdependent.  It also means shifting the workforce out of manufacturing of goods and transferring that labor to the production of military equipment and weapons.   Further reducing competitive trade in favor of the anticipation of future warfare.   In this scenario – likely 2035 or beyond.

This shift collapses innovation particularly in the fields of technology and AI.   The two technologies that are the basis of the future.   In that realm, the EU will have to rely on other nations for those developments – which would necessarily be China.  A decision born of a medical student – Von Der Leyen, and not a strategist, economist, or scientist.  Leaving the future of the EU with weapons that are strategically obsolete in a world of AI and cyber technology. 

“At a political level, there is a lot of talk about increasing Europe’s military capabilities, but it is at very early stages,” said Naas. “Europe starts from a strong position, with strong fiscal resources and manufacturing capabilities.”  Timothy Rooks, DW.  

A statement worthy of an ostrich with his head in the sand.