US Economy: Tariffs, Deficit Spending, and Debt Load

Two US chip makers, Nvidia and Advanced Micro Devices, have made a deal with President Trump;  for every authorized advanced AI chip they sell to China, the US government gets 15% of the revenue.  Effectively nationalizing public corporations while opening previously prohibited sales.  In 2024, Nvidia recorded nearly $61 billion in revenue – 13% came from China.  Estimates suggest the additional revenue which Trump tax would generate is between $8 and $15 billion which would net the US Government $1.2  to $2.25 billion. 

China has stated that the specific chips cited for sale to their manufacturers, were ‘not safe’ and are subject to security concerns.  Jinping has advised to avoid their purchase, making Trump’s call a waste of time.  Trump claims the chips he has authorized are obsolete and if Nvidia and AMD want to sell the more advanced chips Trump will raise the revenue sharing ante to 50%.  I doubt he’ll get any takers.

Tariff receipts generated so far amount to $129 billion, an increase of 131% over last year.  A fabulous amount at first glance, but to what end?  Will the money go towards the annual deficit of $2+ Trillion?   Or is Trump going to use it to build Gaza wherein the corporate hedge funds take ownership and Taxpayers are left with toes in sand on the beach?  The Master of Flip-Flops. 

One fellow on social media has claimed that despite Tariffs – prices remain unchanged.  Therefore, tariffs are a resounding clean source of revenue for taxpayer benefit.  But if the revenue is used to shore the continuance of deficit government spending, we are on the receiving end of more sand.  The financial concept of over-spending appears allusive to lawyers and developers. 

Tariffs, contrary to Social Media Maga’s, have increased prices on specific items including cars, manufacturing components, foods, homes, and alcohol.  US auto makers rely on imported components including engines, electronics, tires, brakes, etc… made in Mexico, Japan, and China. There is really no such thing any longer of 100% US made cars.  In fact, Americans will bear the brunt of some or all of these price increases as manufacturers look to spread their losses wherever possible.

While many manufacturers bought up whatever inventory they could before the tariffs took affect, food distributors were obviously limited.  As a direct result of this additional inventory acquiring, wholesale data was used to elevate consumer outlook while the Producer Price Index was used to measure wholesale price increases.  As inventories deplete and purchases are made with added tariffs attached, those increases will be passed on to the consumer.  Driving further inflation. 

The Federal Reserve’s Reaction To The Data:  Initially, the CPI report came in cooler than expected, which gave the Fed an impetus to cut rates this September.  However, given the latest PPI data, Powell said doubt reigned put that in doubt.   The economics world states that “a rate cut would make it cheaper for businesses and consumers to borrow, thereby potentially further stoking inflation.”  So, instead small and midsized businesses will continue to fail and fold given the tariffs make their shops unaffordable, and unable to compete.  The fact that the government is doing the vast majority of the ‘borrowing’ to feed its Big Shop of Horrors budget shortfalls seems out of the equation.  

Fiscal year 2025 ends September 30th..  The Federal Deficit stands at $(2.009) Trillion as of today by Debt Clock.  Federal spending is $7.23 Trillion compared to full year FYE 2024 of $6.25 Trillion.  The $2+ trillion differential requires the Treasury to print more money – making the dollar ever weaker. Pushing the overall National Debt closer to the $40 trillion mark and debt to GDP over 123%.

Trump has one more card trick up his sleeve, the opening of land grabs as he releases federally owned land for sale – with untapped resources attached.  The $150-$200 Trillion valuation is a media spin unrelated to reality.  Tapping ‘resources’ takes time, manpower, energy, money, equipment, and more time.  They have no value until they have a finished product for sale.  Not all of the land is salable.  Not all of the land is usable for anything.  Creating a thorough analytical approach to land valuation and royalties has yet to be accomplished.  So for now we are at the mercy of journalists who have absolutely zero financial acumen.

Scott Bessent has made an unqualified statement based on estimates without calculations that the US ‘Might’ recover $300 billion in tariff revenue for the 2025 calendar year.  His own qualifier was he may have to make sizable adjustments to that number.  And like the ‘land’ qualifier, the tariff qualifier makes the projected numbers absolutely worthless. 

Actual Numbers – Year Over Year as of June:

Consumer bankruptcies up 11.8% – 519,486

Business Bankruptcies up 4.5% – 23,043

CHINA. Innovation Over Decimation = China Bad

CHINA is infiltrating the US Government!  The CCP is taking over America!  Really?  We invited them, just as we invited Nazi Scientists post WWII.  We bring Chinese into the US and set them up at Universities and inside government and we’ve been doing this for Decades.   The entire ‘China Bad Syndrome’ was created by the same NGO’s inviting China into America. 

We have the US-China Business Council, the National Committee on US China Relations, the American Chamber of Commerce in China, China US Business Association, US-Asia Law Institute, we have over 250 large corporations inside China, the US China Policy Advisory Roundtable, etc… But China is infiltrating our government?  Every major Corporation in the US is on the board of The US-China Business Council, including Defense Contractors.

China is trying to influence our Federal Reserve.  Really?  Who isn’t?  While Trump is cavorting around the world influencing elections, trade, currencies, economies, sanctions, and tariffs, suddenly we are back to the China Syndrome because too much emphasis has been placed on the Zionist Movement exerting 100% Control over our government, banks, hedge funds, and laws.  No, we are no longer the United States of America, we are a MEGA Corporation doing business while pretending our government represents The People.

That Corporation includes competing Cartels.  Cartels that operate sex trafficking, drug trafficking and organ harvesting.  Big Business.  Because no point in giving all that PROFIT  to Any Mafia when it can be harnessed by the Corporate Governate. 

While the FBI exposed John Harold Rogers as passing ‘sensitive data’ to China, it ignores the fact that Federal Reserve Chair, Jerome Powell, and NY Federal Reserve, John Williams, simultaneously serve as directors at Bank of International Settlements in Basal.  The Peoples Bank of China serves on the Board where global monetary policy is openly discussed.   Tao Zhang was former Chairman of the Supervisory Board… 

So, are John Williams and Jerome Powell selling secrets?  No.  It is all on the table.  Besides they get paid by BIS, remuneration plus all expenses plus a pension.

To this point, the New York Post claims there are a number of straits across the world ‘up for grabs’ and America needs to release them from their owners before China does.  These straits include Hormuz controlled by Iran and Suez Canal controlled by Egypt.  To take them from their respective owners would require military invasions. 

The New York Post is considered a tabloid owned by Rupert Murdoch whose editor is Keith Poole. Keith Poole made the news when he killed a story critical of one of Trump’s appointees, and then fired the reporter.  Not because the story wasn’t true, but because it was ‘inflaming’.   Censorship.  Trump’s response:  “I highly recommend Keith Poole, who is the very successful Editor-in-Chief of the New York Post, to take over the entire operation of the highly inaccurate, ‘China Centric,’ Wall Street Journal,” wrote Trump. “It’s an easy move for Rupert, and he’ll love the results.”

Constantly creating division, and drawing lines not to cross, we are acting like three children trying to not share the backseat in a car.   My father effectively solved this problem by using duct tape to create borders or boundary lines.  Which of course, meant we would put our pinkie on the tape – just like our bombastardly government. 

To Extreme:  In Germany my father would go to ‘spy parties’.  Everyone is a spy, everyone knows everyone is a spy, but they are supposed to pretend they are not a spy.  The idiocy prompted my father to dress the part;  black floor length cape, sunglasses, fedora, black leather gloves, holding his riding crop, gun in belt – visible.  Nothing has changed.  China spies, Germany spies, America spies, Australia spies – it’s just one Big Club.

The purpose of these China/US NGO’s is simply to justify their taxpayer funding.    The problem with this China/Russia/Iran issue is that outside of The West, no one wants to play the spy game any longer.  They see innovation as collaborative and decimation as barbaric.  President Trump is still holding on to an archaic system of punishment while our innovation collapses.  Desperate to revive US Hegemony, he does so by sacrificing sovereignty and thus is losing the race before the gates are even open!  Rare Earth Minerals.

We watched as the EU destroyed their economy by refusing cheap Russian oil and gas.  Manufacturing came to a halt!  They couldn’t afford the cost – they couldn’t deal with the blackouts.  They put their citizens last causing layoffs, bankruptcies, and even deaths because – Russia-Bad.

Some countries are already reconstructing their trade in order to avoid tariffs imposed by Trump.  The bully pulpit is so grossly immature at this stage it will be to our detriment.  Not Trump’s. 

The only country seemingly wanting to ‘take over the world’ is Israel.  And by default, America.  The mentality is built on a vacant morality, and a deviated ethos.  Witkoff had the audacity to go into Gaza and declare there is no starvation, no shortage of food, it is all an illusion by fake media, he claimed.  No one believes him except Zionists.  What did he accomplish?  Absolutely – NOTHING.  He filled space. 

The Federal Reserve Governed by A Board Under The President

According to the Federal Reserve, their purpose is to “to conduct the nation’s monetary policy, supervise and regulate banks, and maintain financial stability to promote a healthy economy. Specifically, the Fed aims to achieve maximum employment, stable prices, and moderate long term interest rates.   Given they have achieved the opposite of what their designed purpose is stipulated to be – they should be FIRED.

In fact, Jerome Powell achieved the exact opposite of what he was hired to achieve!  All while moonlighting at the Bank of International Settlements (BIS).   A Direct Conflict of Interest.    The purpose of BIS is to support central bank’s pursuit of monetary and financial stability through international cooperation.    If that stability is defined as ‘excessive profits’ – they have achieved their Don Quixote quest.   It is an interesting note that BIS’ objective does not embrace People/Citizens – prosperity.

How is BIS funded?   BIS is owned by 63 global central banks who each contribute to their funding.  According to their last Financial Statement 3/24, total revenue of $1.2 billion produced a Net Profit of $831 million.  The Chairman of the Board running BIS is François Villeroy de Galhau.  He has an Engineering degree. 

According to the very liberal Atlantic Magazine, Trump is flirting with economic disaster by threatening the independence of the Federal Reserve.  WHY should the Federal Reserve be independent?  The COINED RESPONSE:  “it allows the central bank to focus on long-term economic stability and avoid short-term political pressures that could lead to unstable policies. This independence helps the Fed maintain credibility with the public and financial markets, ensuring its policies have the desired impact.”

The Reality?  It gives them unprecedented control which cannot be usurped.  The idea that a bank is not political, that banking heads are not political, that there is even such a thing as unbiased is absurdity to extreme.  What exactly does Powell ‘DO’ every day?   He hasn’t addressed monetary policy.  He hasn’t addressed interest rates.  Inflation?  He ignored the 200% under Biden…  and instead allowed Banks to out-perform equities.

Trump has repeatedly criticized Powell for not lowering interest rates so as to give a boost to the Housing Market.  During the Biden Regime in response to higher interest rates, the home selling was going to hedge funds instead of home-buyers.   The purpose was to take control over the rental market – given that black districts were heavily targeted.

While the present economy is ripe for lower interest rates, the largess blockade would be – BANKS.  Lowering interest rates would lower the 60% profit margins they have enjoyed.  Lowering rates would stimulate the economy and add more jobs – More jobs equal more spending equal lower prices.  But that wouldn’t align with Powell’s political motives…    IF Powell is starkly fearful of the economic impact Tariffs could have on America, then in a perfect world he would be looking to offset that effect and stimulate the economy with lower interest rates.   Instead, Powell is sitting around doing absolutely nothing – another nonessential position – in a Manipulative Federal Reserve that historically has never ‘fixed’ the economy.

Thus, Trump is correct – Powell is politically motivated and is NOT doing his job.  Instead, he has suddenly become a Wilbur Milktoast blubbering with all the mental prowess and intellect of Porky The Pig.  Powell needs a pink slip.

While the Federal reserve is NOT funded via Congressional appropriations, it’s initial funding was thru the sale of shares National member were required to purchase of capital stock in their local Reserve Bank in order to become members of the System.   Today, the Reserve lives off its interest and dividends from those initial transactions. 

In order for the Reserve to work effectively, it needs to be in sync with the actions of The President and Congress by virtue of its Charter which was supposed to last just 20 years.  However, that particular stipulation was amended to perpetuity by FDR.  The Reserve is governed by a Board of Directors, which is an agency of the Federal Government, who are directly accountable to the President and Congress.  Therefore, it’s ‘independence’ is moot.  It’s Board of Governors MUST abide by President Trump as that is who they are accountable.

Thus if the sitting President believes the Board is NOT guiding Jerome Powell in accordance with their duty to promote a stable economy with moderate interest rates, then the entire  board and Powell can be relieved for failure to exercise due diligence in their roles.  The Chain of Command. 

The Economic Muddling of Economists Destroying The Economy

Why is inflation measured to exclude food, housing and energy – the three most important commodities?  What is left?   The government answer is that these items can be volatile thereby obscuring core inflation.  In 1914 the working-class cost of living index was the first official measure of inflation.  The circular is:  “Changes in inflation are widely attributed to fluctuations in real demand for goods and services (also known as demand shocks, including changes in fiscal or monetary policy)”.  Which comes first, the chicken or the egg?

In 1914, the Consumer Price Index (CPI) was 10.  Today it is 314.4.  Its measurement is confined to urban pricing only as well as a government selection of a handful of retail and businesses.    Oddly, the government version always seems to be far less than the People version.   While the government version of employment seems far greater than reality.  What we call funny numbers.

But the value, if it were honest, is to measure the economy after the fact.  Something akin to weather manipulation.   Forward thinking.  Anticipation.  Not a bad thing except that this thinking process is confined to a select group of people who may or may not have our best interests at heart.  Essentially human bias is no different than AI machine bias.  The only advantage to machine bias is that it is faster.  

Fortunately and unfortunately, everyone has bias.  This nomenclature of NGO’s claiming they are nonbiased with their committee of 10 liberals is an inevitable skewer.  To counter this NGO propaganda, once upon a time the government tried to create a balance of ideologies – which basically resulted in a hung jury.   As a result, we swing wildly like Tarzan in the jungle going from one treetop to the other – one extreme to the other and never really accomplishing anything.

 Russia has become a good example of how a society can benefit with one ideology based on competence, a love of country, people, and trade.  Since 1999, Russia’s GDP has grown from roughly $250 billion to nearly $2.2 trillion.   Statista claims the future trajectory is a solid upward linear growth trend.  US GDP growth also follows an upward linear progression.  The major difference is debt.  Russia’s debt to GDP is 14.9%, by comparison the US debt is 123%. 

In people terms that debt would calculate as follows;  Individual earns =  $87,000 per year.   Individual spends = $107,000 every year and debt accumulations keep growing with a 19% credit card rate.  At what point does individual declare bankruptcy.  A RESET.

The entire Monetary Policy of the Western nations is wholly flawed and faulted.  The debt creates the inflation – not employment.   Which has resulted in the CPI rising from 10 to 315 since 1914.  Making your dollar 305% less valuable so you have to ‘spend’ more while owning less to make ends meet which is how the CPI is measured… against inflation and why the numbers are absolutely meaningless. 

Economists are much like Big Pharma – they have been around for a hundred years and haven’t cured anything.   It is a worthless occupation.  They simply sit around writing scathing newsletters of Chicken Little proportions of doom.

Milton Friedman:  Nobel Prize of Economic Sciences based on his research on consumption analysis and monetary theory.   He was an admirer of FDR and the New Deal until he watched America slump into a Depression.  As a result he proclaimed the FDR Federal Reserve acted in the opposite manner that it should have.  Hindsight is always 100% correct!  He also determined that the reason physicians made so much more money than other professionals was due to ‘barriers’ – ie, the educational cost prohibited the ability for there to be more physicians.  Stellar…. and for this idiocy he is awarded the Nobel.

Friedman was a critical component in the creation of the Withholding Element of the American Tax System during his tenure at the Treasury Department in order to support the endless war programs.  Ultimately, the very vacuous industry, The Federal Reserve, that he admonished in 1932 for causing the Depression, became his theory advocating for a Federal Reserve that utilized monetary expressions to regulate the economy via The Federal Reserve.

To support their theories, Economists have no actual knowledge of the US economy prior to 1857, so they extrapolate, code for make-it-up.   Like Climate Change.  The panic of 1857 is said to be the cause of the Civil War according to economists.  After which deflation continued up thru today with a few years here and there of a break.  Each time Economists did nothing to prevent the illnesses.  Each time they used hindsight to make their analysis.  Each time the Federal Reserve response lengthened the disease recovery.  And today, is no exception. 

Instead of calling out these esteemed Economists who prevent nothing, we give them prizes and awards and put them on a pedestal of grand kingship. 

1961 to 1969:  Long period of growth until the Federal Reserve initiated monetary tightening in 1970 – ending the honeymoon.

1980:  The recession began as the Federal Reserve, under Paul Volcker, raised interest rates dramatically.

1981-1982:  Tight monetary policy in the United States to control inflation led to another recession.

When the Economists at the Federal Reserve enter the picture the US folds into a recession.    All their theories and analyses are valueless.  They don’t produce anything.  Economics is a platform of philosophy wherein great thinkers come together to argue and opine while making use of exactly 2 methods of altering the economy:  tightening monetary supply and loosening monetary supply.  That’s it folks – after all their profound arguments and analysis that’s all they’ve got.

The Federal Reserve & Bureau of Labor Management TWEAK

Jerome Powell is claiming he will refuse to step down from his 4 year gig under Biden as the Federal Reserve Chair.  The fact that the Federal Reserve is ‘independent’ is nonsensical given the Chair and Board of Governors are appointed by The President.  It is a term limit position.  If he refuses to leave, he will be escorted out by Security. 

The Federal Reserve Act was signed into law in 1913 by President Woodrow Wilson, designed to create an overseer of the 12 banking districts.  To assure compliance with Federal regulations.  This assurance was extended in 1933 via the FDIC which insures deposits up to $250,000 per member bank.  The FDIC budget is roughly $2 billion – their available fund balance is a mere $129 billion.  This is why they encourage/force other banks to pick up the trailings of a bank when they report bankruptcy.  The FDIC doesn’t have enough funds to insure more than 516,000 accounts.

They are like FEMA bragging about their $750 per household to cover their expenses after a disaster.

Jerome Powell:  A lawyer with an an investment background which includes the Carlyle Group, Powell was confirmed to a second term May 2022.  Chair terms are four years.  Technically, he could refuse to step down but there are round about solutions the largess being his Chairmanship Affiliation with the Bank of International Settlements (BIS).  A conflict of Interests.  A President Trump could challenge that this continued affiliation is prohibited and that as a direct result Powell’s ability to represent America has been compromised.  This would be classified as the ‘cause’ for removal.

At this point Powell could sue for his salary using his own funds for legal representation, but the Board of Governors could assume his roll in the event he decided to sue revealing he is ‘nonessential’.  A lawsuit could take years and simply be a waste of time and effort.    

The Federal Reserve bases its monetary policies on data and information provided by the Bureau of Labor Management.   They provide the employment data.  The civilian noninstitutional population is based on everyone over 16 who is not residing in a prison, mental institution or old folks home.  Employed persons includes everyone receiving wages, self employed, unpaid family workers, including anyone who worked even 1 hour per week.

Already, the skew is evident in determining ‘employed’ which directly affects monetary policy regarding Inflation.   Civilian unemployment is based on those actively looking for employment. 

For example, per BLM:   Oct 2023  – noninstitutional white population was 204,867,000.  62% were considered the labor force or 127,686,000.  Employed was 123,623,000 leaving 4 million unemployed but 81,244,000 not working.   Oct 2024 – noninstitutional white population was 205,444,000.  62% participation rate, the labor force was 127,820,000 leaving  4.5 million unemployed but 77,624,000 unemployed.   The Labor force grew by a whopping 66,000 for the entire year!   The black labor force for the same period fell 182,000.

These are the funny numbers the Federal Reserve uses to run America’s Banks and Economy.   These are the numbers Powell used to increase the Fed rate and drive the mortgage business and housing market into the ground.   To Increase Inflation.  To HURT the US Economy.   I would think this would be sufficient to claim the entire Board of the Federal Reserve are grossly incompetent – including BIS employee – Jerome Powell.

This is an algorithm feed.  It is based on a ‘Household Survey’ sample fed into a template to extract numbers.   It is easier to use algorithm’s because the template can be tweaked a percentage point, the survey populace can be tweaked, etc…  The sample size is claimed to be 60,000 – they are paid to participate.  The same sample is used for ‘a set number’ of  months.  Unmentioned.  They were considering lowering the sample size to save money.   

The method of choosing the sample is based on the Census which includes illegal immigrants.   And the last time the survey data was modified was April, 2018.

The Federal Reserve Board members know this.   The BLM and BLS know this.   All data samples are corrupted.

 

 

 

 

 

 

The Economy Is Not About Money – It Is About Value

The Largest source of Income for the Big Five banks is Institutionalized Revenue.  Institutionalized revenue is derived from governments, hedge funds, and extreme high end individuals.  Under Joe, the feds added roughly 50,000 new employees per year – those employees generate new government pensions.  But the numbers do not include the NGO’s funded by the government and their employees – as of 2023 roughly 7200 outside organizations, NGO’s, received government funding.  Nontaxable. 

Hedge Funds, such as BlackRock, Vanguard and State Street trade institutionally with each other – artificially driving up share prices.  Both of which increase the value of the stock market – while those profits do NOT trickle down to anyone else.

The wealthiest 10% of Americans own 93% of the stock market.  This is why the vast majority of Americans who are in the market but not of the 10% – are losing.  You aren’t in The Club and don’t get the insider news.  The market is a farce.

JP Morgan’s Assets are roughly $4.1 trillion – an increase of 9.25% over the previous year.   JP Morgan’s liabilities are $3.754 trillion – an increase of 9.09% over the previous year.   Meaning JP Morgan’s ‘real growth’ was .16% and its net worth is $346 billion.   Home loans are the smallest source of revenue generating a mere 7.4% of net banking revenue.  So why do we have high interest rates if they don’t generate bank income?

BlackRock.   77% of revenue as reported for 2023 was from ‘Related Parties’.   BlackRock’s related parties are:  State Street, Vanguard, Temasek Holdings (=government of Singapore), Bank of America and BlackRock itself.  Which is why the average shareholder under the 10% shroud – makes nothing.  Financial Advisors churn your money in the hopes they can catch the tail of the snake.  And the DOW suddenly becomes a meaningless representation of anything economically.

In 1950, the average home cost $7,354.  With simple inflation, that would translate to a cost of $93,602 today.   That inflation was predominantly caused by – The Federal Reserve.   The average wage in 1950 was $3300 reflecting a home cost of 220% of the annual wage.   The average cost of a home across the US today is $420,000 on a wage of  $59,000 representing 711%.  In 1955, mortgage interest rates were 2.375%.  Mortgage rates remained fixed from 1939 until October 1960.

In 1961, JFK instituted the “New Frontier”.  The Soviet Union was launching satellites and space programs while the US diddled.   So, Kennedy appropriated BILLIONS to create NASA and compete.  Kennedy was a socialist.  He spent money he didn’t have, and the Great Society of Johnson extended the liberalism sweeping America into debt.  US debt was flat until 1913 when the Federal Reserve was created.  It peaked under FDR, then again under Johnson before realizing its constant upward trajectory in 2008 with Obama.

WELFARE:  Welfare was created by FDR.   Today the state and federal cost is roughly $1.4 Trillion annually.  There are 1.65 persons employed in the private industry per 1 per on welfare.  As of 2021, there were 9.2 million adults on disability insurance and 61 million citizens live with some sort of disability – 20% of total population.  We are a Socialist State disabling our citizens with war and vaccines.

When liberals trade barbs claiming Biden increased manufacturing in the US – the average wage for a position is $33,500.  In 1985 20 million Americans were employed in manufacturing – today 13 million.  NASA has essentially turned over the space program to Elon Musk while still milking US Taxpayers as an Agency of the Federal Governmetn.  Meanwhile, the Welfare state grows exponentially with more free stuff planned.

Despite skewed algorithm statistics – these stats represent simple math and explain to Boomers why they might want to reconsider bashing the millennials.  This does reveal exactly what our Federal Reserve and our government have done to sink America into poverty.   We have lived an illusion since 1913 when the Bolsheviks began to arrive in America.  The goal was to turn America into a carbon copy of the Soviet Republic.   To reduce the population – 60 million were killed in the Soviet State.  To dummy down education – Soviet education consisted of 4 years before most students were farmed – Wikipedia callks that a Great Success!  The soviet program was called, “Uniform Labour School”.  By 1920, the enrollment in these Labour schools had fallen to less than 25%.  Higher education in Institutes were for military intelligence/KGB training.

The Federal Reserve destroyed the ‘value’ of money.   If Social Security is an ‘entitlement’ we shouldn’t be forced to pay it.   If inflation is only 3%, why are my prices up 60%+?   If remedial English is now being taught in college, why do we have a Federal Education Department?  If only 10% or 30,000 Americans participate in the Stock Market – why do we have a stock market?   If Elon Musk is doing everything NASA, why do we pay NASA and their salaries?  If mortgage rates were 2.375 for 40 years – why did that change?

EVERYTHING created under the Liberal banner has ushered in poverty.

Statistics can certainly be corrupted.  Algorithms tend to spew whatever information the input persons felt was necessary and/or essential.  But the point is significant, the slow destruction of America has been ramped up considerably in the last two decades.  The caretakers are old.   They want to see the fruition of their endeavors.   And if they can’t have the Globe, they will settle for America and Europe.  UNLESS…..

This is why the Heritage Foundation Project 2025 was created… A RESET is an absolute.  Just not the WEF version.

US Government Debt & Spending Run By Lawyers; SCRAPE

Media Pundits are calling for an audit of the Federal Government.   As a former CPA, I can assure you that at this point, such a brainstorm is laughable.  By the time an audit was finished in 2035 It would have no value.   The government isn’t even sure how many agencies and subagencies it operates and funds – much less how much is spent.   The Pentagon lost $3 trillion before 9-11.   USAID gives away money like Skittles.   And the flow of government NGO funding is thru a maize of offshore entities, foreign entities, and more anonymous middlemen than a New York Times article!

Yet somehow, our esteemed liberal loonies have claimed to track down $5.6 million that was paid to Trump hotels for conventions, parties, and vacations that is deemed ‘foreign interference’’.   The deflection from Joe and Hunter Biden’s escapades and their mélange of friends, family and associate Big Guy partnerships – is lame duck.   None of which will make it to a DOJ court before the 2024 election.

  1. Hunter did not declare the ‘income’, the investments, or Joey’s involvement. He filed false tax returns, lied in alimony court, and funneled untaxable money to family members illegally.  By contrast, Trump’s legitimate hotel businesses simply made money and reported it correctly.
  2. The Biden’s were taking money for pay-for-play bribes, as opposed to legitimate business dealings. The SPIN is Trump’s ‘greed’.

Yet, still the focus is on a few million while the Pentagon manufactures fake books, maintains black books, upholds cash bribes, and funds mercenaries while trying to claim it is all miscellaneous expenses in order to balance the Balance Sheet.   Which is NOT within the limits of Accounting regulations.  It would take another 10 years for an Economic Major DOJ to figure out what the audit meant and another 10 years to figure out what to do!!!

The only way to Balance The Pentagon budget would be to wipe it clean and start from scratch.   Fire 70% of the administrative employees and hire some brainiacs to monitor expenditures.   Not just of The Pentagon but of every agency.   Financials would be due by February 28th and subject to penalties, interest and possible jail for deviations.  No funding until the books are uncooked.

The fact that government has been allowed to skate the same requirements imposed on those taxpayers funding them, is beginning to find sure footing by The People.  

As Haley’s popularity fails among anyone other than democrats and rhino’s, Obama is looking to call it a fold for Biden sometime in May so as to insert Big Mike.   Such a move would solidify the anti-white genocide and ramp it into hypersonic mode.  It would also drive the US significantly closer to a civil war.   All of which is designed to RESET the $40 trillion in debt that the US can never reduce or pay!  But would ALSO destroy the accumulated wealth of the elite as their properties would be targeted.

Just in time, the GDP rate has been released by the White House which claims the US rose at a level 3.3% rate for 2023.   Yeahhhhh.    Apparently, GDP rose 5% in Q1, 3.7% in Q2, and 2% in Q3 & Q4.   There are two drivers affecting GDP;   government spending and government spending.   Personal ‘spending’ was hiked by price increases and inflation.  Exports were virtually flat.   Employment continues to be inflated by BLS to the tune of 30% to 60% compared to Automatic Data Processing.   But no one seems to notice or care – because the government would never ever lie – pinky swear.

Listening to media entertainer pundits crying for a federal audit would be like giving a bunch of lawyers the power to run Congress.  Oh wait.  And Nikki Haley’s degree in Accounting ain’t gonna cut it, anymore than 3 semesters of Law makes me a lawyer.  I digress.

The Budget Deficit for 2023 was anywhere between $1.5 trillion and $2.6 trillion – according to who is doing the common core math.   They Are NOT SURE!    Receipts for 2023 were $4.4 trillion.  In a corporate world that would mean the Net Loss was between 34% and 59% of revenue.   Would you invest in that company?   Japan and China continue to hold the largest percentage of US Debt at 25%, However, China has been steadily selling off US Treasuries due to their increasing insecurity.

The value of US Dollars fluctuates with trade.   Thus Treasuries somewhat parallel the value status.   All are pegged to the perception of an Empire.   As sanctions and wars and instability continue to reign, countries decouple from the US dollar based on economic uncertainty. and sell off Treasuries.

In 1944, the same FDR Reign of economic destruction called The New Deal initiated the Bretton Woods Agreement No Agreement wherein the US dollar was pegged as the world’s reserve currency – by the US government.  As a direct result, the amount of US dollars in circulation rose from roughly $5 billion in 1940 to roughly $30 billion in 1950 – an increase of 600%.  How?  Printing Money.  Today, that printed money amounts to $2.34 trillion.

Raising interest rates does not reduce the amount of currency in circulation – it simply slows the increase of NEW currency.   A stagflation.

The 2023 Federal Reserve Financial Statements (unaudited) show unrealized losses of $800 billion Treasury Securities, and $510 billion in commercial and residential properties.   The entire Balance Sheet of the Federal Reserve is based primarily on issued securities, ie T-Bills, bonds, Mortgage backed securities, etc.   If the market tanks, if the dollar falls, the Federal Reserve valuations and solvency tank.    Yet the debt remains.

To deflect from the absolute gross mismanagement of US Taxpayer’s money, the only respite is a do-over via a digital currency.   An allusion of valueless money.   But this solution is the only way they know to bury the $40 trillion debt.   Because US Taxpayers are on the hook for a whopping 75%  – only 25% of US debt is now foreign owned.

But somehow, an audit will solve this in the minion minds of ‘lawyers’.  Or a Flat Tax, another non-solution that has been attempted and tabled for at least 60 years.  The Pentagon’s solution was to blow up the evidence via the Twin Towers.  And POOF – $3.4 trillion was never discussed again.

This is what happens when lawyers with zero business acumen think they can run a country store – much less a state or country.   These are the stalwarts of the WEF and WH shadows that want to run the GLOBE –  They can’t even run a farking candy machine of skittles and make a profit.

SCRRRAAPPPEEE.   Congress, the system, and start over.   The ONLY way means – they all get ‘fired’.   It means ramping up TRADE by eliminating sanctions and ending all wars tomorrow.   It means confiscating the wealth earned to create the debt.   It means no more lawyers in Congress.   It means scrapping pensions in government with the exception of the Military.  It means Generals have to earn MBA’s.  And of course, it means no aid, grants, or charity to anyone.   SCRAPE!    

The Silent Depression: Unraveling Economic Illusions

THE SILENT DEPRESSION:   No one wants to say it out loud for fear the realization will cause anxiety and chaos and the shuttering of the Biden Regime’s illusion.. The illusion must be maintained at all costs. Algorithm disparities are ignored.   ADP Payroll claims new private jobs for September were 82,000, while the Federal Labor Board claims 336,000 – a discrepancy of over 300%!   The unemployment rate is a similar catastrophe.   But the pretense is collapsing and the Silent Depression is the Result.

During The Great Depression, the ‘average annual salary’ was $1500 -$1800.   A car cost $300-$575, a house cost $3900 down from a high of roughly $7000 in 1929.   From a simple mathematical view, a house cost 260% of a household salary at the height of the Depression.

The median household income in Denver County, Colorado for the Gen Z’ers aged 25-44 is roughly $87,239 – take home pay after taxes is $64,600.   The average cost for a home is $649,000 or 745% of annual Gross Income a 7.5:1 ratio

The cost of living in Colorado for a single person is now considered to be $53,374 – with rent accounting for the greatest cost – $24,000 to $30,000 per year.   The average monthly car payment is $716 or $8600 rounded.   Groceries are $7000.   But affording to buy a home at a price point of $649,000 with mortgage rates hitting 8%?   Including Taxes and Insurance – the monthly cost in Denver is $4680, annual $56,160, with a downpayment of $130,000 cash.    Obviously, the cost of living does not include – ownership.

Pricing people out of purchasing homes across the country means the housing market comes to a standstill, because the vast majority of occupied homes were bought when interest rates were just 2.5% and values were $550,000.

The largest differential in the comparison of today vs The Great Depression is that prices across the board tanked upwards of 60%, including the basics, food, housing, gas, and cars.   Today, prices continue to rise superficially. And as a result, people are getting pushed into insurmountable debt.

The fact that housing and material goods have far outpaced salaries has nothing to do with the mantra of supply & demand. There is no shortage of houses.   In Denver, the vacancy rate for apartments is 5.6%.   There are roughly 3500 homes for sale with buyers sitting on the sideline and sellers coveting what they have.

The illusion that all is well with the economy is to keep people overspending.   As long as people are led to believe everything is good despite 25% – 50% inflation, the hypnosis belies reality and people continue to spend themselves into debt.   Don’t worry – Be Happy!

It is the exact same mantra employed by the Federal Government in their own spending spree!   With debt now standing at a whopping $33 Trillion – 123% of GDP – monthly interest rate 2.92% = which results in a NET Payment of $745 billion in 2024.   All of which hinges on The Federal Reserve.   The same Federal Reserve tasked with balancing the budget and maintaining a noninflationary economy… The same Federal Reserve that has reduced the purchasing power of a dollar to just 4 cents since their inception in 1913.

The same Federal Reserve that gave us The Great Depression and should have been dissolved on the spot for gross mismanagement.   And the same Federal Reserve that supports The Great RESET to cover for their massive Ponzi Scheme that has broken the back of the US economy.

Put in smaller numbers;   imagine only ever paying the interest on your credit card while continuing to spend more on your credit card and never paying the principal?   Your entire lifetime times 3 generations.

In essence, the Federal Reserve redistributed that 96 cents on the dollar to them self, which is how the elite of today were created and the income discrepancy became so vast and the power became more collectively communist.   In Bolshevik USSR this led to famine, particularly among urban dwellers who produced nothing.

The only means for this disparity to not occur would be for every aspect of the economy to move at the exact same rate increase, or not move at all.  

Never going to happen under ANY form of government.  Because, government by its very definition is a power vacuum built on greed. Leading to boom-bust societies and civilizations.

The concept of the RESET or Omidyar’s Five Pillars or Protocols of Value, are utopian on paper and fail to take into account the sloth of greed which corrupts every society from societies beginnings.   Certainly abolishing the military industrial complex would mean that the efforts to build rather than destroy could be harnessed to focus on prosperity.   But prosperity means income inequality. Always has – always will.

The price of gold since 1930 has risen roughly 6,300%.   But the price of a house has risen 21,667% over the same time frame.   FDR artificially levied a fixed price on gold at $35 per ounce where it flexed to $45 until 1971 when all hell broke loose.   At this point, the dollar was clearly becoming worthless and commodities became the only means of preserving some wealth at all.

In 1960, the average wage was $5300 and the average home could still be bought for $11,900 – a ratio of 2:1. The upward trajectory of price increases in housing took off in a complete vertical linear by 1971 with Nixon unleashing the gold index from the dollar, and the dollars value spiraled precipitously downward.  And Commodities ROSE.

As a direct result, home ownership in the US has dropped from a high ratio of 68% in 1960 to 43% in 2023 with 3 million Americans facing the potential of losing their home today.

If wages had followed the same 2:1 linear, a person in Denver, Colorado should have a salary of $325,000 just to be on par with values in 1930 or 1960, ie no wealth increase/accumulation.

All in All, the economy is in fact far worse today than during The Great Depression. Suppressing reality does not change reality.   Creating fake manufactured statistics via artificial algorithms does not comply with reality and perpetuates the illusion.  So YES We Are experiencing a Massive Silent Depression!

And the government, Bankers, and Elite are desperate to hide that factoid because it would disclose the soddy, negligent, corruption perpetrated on Americans by The Federal Reserve and every esteemed government since which did NOTHING to alter this ‘unsustainable’ trajectory.

US Dollar Losing Reserve Currency Status – amidst devaluation

The IMF recognizes eight major currencies: US dollar, Australian dollar, Canadian dollar, British pound, Chinese renminbi, Japanese yen, the euro, and the Swiss franc   All other currencies are measured against these to determine valuation.   The measurement is an illusion because its very means of measurement is flawed.   Historically the currency was based on its value as a commodity metal – today it is based on valueless paper that is backed by debt.

The US dollar is considered the dominant measurement for all other currencies. This allows the US to borrow at lower costs – given a ‘safe-haven’ clause.   The safe-haven clause states that determining factors include:   stability, reliability, level of corruption, long term, purchasing power, and – politics.

IF the US dollar was stable, reliable and secure then the dollar should be worth more than a dollar since the introduction of the Federal Reserve. Instead the dollar is now pegged at a value of 4cents since 1930.

There are multiple complications with these meandering valuations, including the fact that the Euro’s existence didn’t begin until 1983… therefore the maximum length of analysis begins at that point.   Today, the Euro is stronger than the dollar.   The Swiss Franc is stronger than the dollar.   The Japanese Yen and China’s Yuan are significantly weak against the dollar.  So why would weak currencies be tagged by the IMF as dominant reserves?

These monetary exchange rates really are rather arbitrary and insignificant because they don’t have any commodity value.   While the value of gold is highly manipulated and suppressed.   Why would western governments want to suppress the value of gold?   Because the western countries would be obligated to prove their reserves – reserves that have been depleted.   Canada sold all of its gold reserves some years ago.   Meaning the Canadian dollar is worthless.

This is why Russia, China, ASEAN nations, Saudi Arabia, UAE, and the BRICS want to return to the gold standard.   To bring back stability and a means to control federal debt.   IF global currencies are backed by a singular commodity the emotional devaluation and manipulations are removed.

In 1931, the British left the gold standard, and in 1932 the US followed suit.   The British government then increased their gold reserves on paper by 235% before diluting them to near zero today.   The vast majority of countries have been accumulating gold reserves since 1950 , including, Japan, India, France, Italy, Germany, etc…

What would be the point of a government to hoard gold reserves if gold is NOT tested against currency?  

In 1979, the US share of global reserve currencies peaked at 85% until the Carter administration’s contrived  inflation dropped that percentage to 45% by 1991.   By 2022, it had rebounded somewhat to 59%,   Currency in circulation of the Euro between 2021 and 2023 decreased from its peak of 16 to -2 based on M1 Monetary Aggregates.   Simultaneously, debt for Europe since 2000 increased by 275% to $13.5 trillion while the US National Debt now stands at $32.7 trillion.

The supposed deficits triggering the collapse of gold backed currencies according to economists and ‘bankers’ were:  – 1) it caused inflation.   2.   It reduced currency in circulation.   3) It hampered growth. 4)   It is volatile.

  • According to Ben Bernanke: When the central bank fixes the dollar price of gold, rather than the price of goods we consume, fluctuations in the dollar price of goods replace fluctuations in the market price of gold.

The obvious glaring problem with this Bernanke evaluation is the idea that the US Central Banks FIX the value of gold.   Historical accounts present a different picture:

Between 1833 and 1919, gold remained stable at $18.93 to $18.99.   AFTER Bretton Woods and the Federal Reserve Banks began manipulating gold, the price began to rise.   By 1978 gold had risen 1000%.   By 2023, gold had risen another 1000%.

During the same relative time frame  – from 1930 to 2023, the value of the US dollar had disintegrated to just 4cents.

The main deterrent to the gold standard is that it puts checks and balances on the government continually raising the ‘debt limit’.   When gold backs the dollar the government cannot create more debt than the value of gold reserves.  

This presented a problem for the Cartel to invoke global control over currencies.

The economic contention that currencies fluctuate dynamically against other currencies on foreign exchange markets assumes there is no fraud, no corruption, no manipulation, no short selling, no Soros.

Inflation is a direct result of this unstable fiat currency that has a ‘product end point’ wherein money is worthless.

The common denominators?

The formation of The Federal Reserve monetary policy manipulations – and the elimination of a value backing – gold.   In exchange for the promotion of ‘fiat paper money’ that is based on credit. Monopoly Money!   Asserting a Great RESET to crypto credit via the World Economic Forum is reminiscent of the era of the Dustbowl wherein greedy farmers issued credit against wages earned – with an attached fee to convert the credit to commodities or cash.

Why?  

Because soon the dollar will enter negative territory as to its worth and debt will surpass $40 trillion as interest balloons to $1.5 trillion.   America will be broke. And credit based production will involve even more emotional parameters – including religion, politics, race, gender, and whatever the Banking Cartel wants based on – “FEELINGS”.l

ELECTION 2024 Trump & Kennedy? Or The Cartel’s Great Depression?

Wading into the 2024 fray of candidates, the most striking intrigue is Bobby Kennedy Jr.   Displaying all the good and some of the not so good characteristics of the Kennedy family, Bobby Kennedy’s decision has the potential to completely obliterate the democrat party as it is currently defined.   In reality, of course, there is absolutely nothing democratic about the Democrat Party and they should reclaim their roots as the Communist Party of Bolsheviks.   Kennedy is old school Democrat Party…

Marianne Williamson is not a viable challenger to a Biden run, but before Kennedy, she was the ONLY challenger.   Whether Biden is allowed to run by his handlers is likely determinant on the degree of destruction that the Cartel wants to and can invoke on America.   If they feel content with their chaos, Biden will bow out. If not, they will clatter back to their internet derived hack election in order to run a tally of 335 million votes all directed for Biden…

That is the degree to which they find this all so very amusing.   Bobby Kennedy in the election ring could be their Russia.   He likely knows more about Congressional Politicians than they do.   He knows their dirt and their lies.   He also knows the Cartel will be relentless in its purveyance of MUD and the importance of sheltering his children from the posse.

A good man with good intentions, is a breath of sea air – fresh and buoyant.  

The collapse of moral society in America is not over.   BLM was activated to destroy blacks.   Antifa to destroy young overly privileged lost souls.   Gays became an acronym of LGBTQRS….   Trans persons were suddenly elevated to demonization levels. And the next chapter is the ‘legalization of pedophilia’.   Promoted by the agency that claims to be: “the world’s only truly universal global organization, the United Nations” ~ per their website.

Your children or your life?

One man acting as President of America cannot recreate our moral depravity – it takes a town.   A village that is headed by two men;   Donald Trump and Robert Kennedy Jr.   A town wherein the people support prosperity and growth.   Where old school ideologies come together.

Kennedy is already finding the wrath of the CIA in following his father’s and uncle’s footsteps.   That wrath should grow exponentially as they fear the damage that he could impose in unseating the entire agency.   Of course most CIA agents would simply move to their counterparts –  NED and CSIS as they await instructions.   USAID would increase the budgets for these two heavy weights unless USAID was also dismantled.

More importantly for 2024 is how to secure the election?   It would appear that city and county voting offices are staffed with crazed agents of corruption and fraud.   Perhaps necessitating police observers.   ID’s should be photographed and uploaded into a computer system for verification.   Creating such a database should be relatively easy – starting with the IRS.

Still the Cartel has much planned to squeeze in before the 2024 election:   another pandemic, a solid recession, UFO panic, more bank failures, food shortages, chaos in the streets ( I am reminded of Star Trek’s Landru), and the final collapse of city dwellers.  

The Great Depression is cited as having many causes with most claiming the stock market collapse as the impetus.   But what caused the stock market crash, how was it handled by the Federal administration and why did it last for ten years?

The Federal Reserve.

WWI was over.   The economy was good. And the Stock market was in its infancy still.   Everyone was making money!   Those who had none borrowed against anything and everything they owned.   Suddenly the Federal Reserve decided that people were making too much money and incurring debt so they raised interest rates.

As a result, of normal market fluctuations, margins were called.   Debts were called.   And selling was the only solution. Driving more selling until banks began to lose. When the banks lost, the Federal Reserve increased interest even more. Selling turned to panic by the time the Federal Reserve had doubled the interest rates over a relatively short period of time.

The Market loss was untenable – but still a Great Depression had not arisen.   Companies had to layoff workers – no jobs led to high unemployment and a recession.   However another man-made cause was erected: The Smoot Hawley Tariff Act.

This Act killed international trade. And the rest is brutal.

In this vein – the WEF Klaus Schwab has detailed his vision for people to live through another Great Depression.   Because this created cycle is how billionaires are made. This is what they are preparing behind the façade of the social morality collapse.   Suffering is their utopia. Whether the Cartel can achieve this end by the 2024 election is on the table.

While pushing the economy harder into a parallel of The Great Depression, the time frame keeps moving with the goal posts –   We are now told that a recession will definitely hit this year – not 2024 as was originally speculated.   However, making it a global Depression is hampered by the rise of the BRICS.   Hedging their bets, most NGO’s and Congressional stooges are betting on China as their safe haven.  

VISA’s For China and corresponding VISA’s issued between China and US are good for ten years… If Kennedy and/or Trump make it to the White House it will be a long haul road ahead…