Quantcast

Western Financial System to Mexico: Nice Peso You Got There, it’d be a Shame if Something Happened to It

As we’ve been saying for seven months, keep watching how the globalists respond to Mexico.  AMLO doesn’t want to join the economic suicide pact known as Build Back Better, or the North American version “Green New Deal.”   This puts him in a precarious place.

This sentence from a recent financial analysis article in Reuters is telling, “concerns about a U.S. recession and a trade spat Mexico is embroiled in with the United States and Canada over Lopez Obrador’s energy policy, which critics call nationalist, muddy the outlook for the peso.”  A “nationalist energy policy”?

What exactly is a “nationalist energy policy,” and why would international financial people be having fits about it?

In the past year the Mexican peso has outperformed the U.S. dollar, in part because Mexico is not following the economic roadmap, a World Economic Forum inspired united inflationary malaise as an outcome of unified energy policy.  [Side Note: The Brazilian currency was also outperforming the western bloc and dollar; but that situation has been rectified now, Bolsonaro removed, and the central bank will start contracting the economy.]

The global financial control mechanisms now start to look at the Mexican non-compliance:

(Reuters) – Mexico’s peso, which is ending 2022 with one of its strongest performances in a decade, could have its gains wiped out in 2023 after an expected end to the Bank of Mexico’s rate hikes cycle and a possible recession in top trade partner the United States.

(more…)

U.S. Virgin Islands, Following the Money, Sues JPMorgan Chase for Facilitating Epstein Sex Trafficking

This is interesting.  It would appear the Attorney General for the U.S. Virgin Islands, Denise N. George, has a strategic map to target those institutions and entities associated with Jeffrey Epstein.  AG George appears to be following the money, building her cases, and sequentially targeting the system that enabled Epstein.

Earlier this month USVI AG Denise George announced a $105 million settlement with the estate of Jeffrey Epstein [link].  The USVI case against Epstein was based on anti-criminal enterprise, sex trafficking, child exploitation and fraud laws of the Virgin Islands.  We can assume AG George gained a lot of information in the discovery phase deep inside the Epstein finances that ultimately led to the settlement.

Following the settlement with the estate of Epstein, Attorney General George now announces a lawsuit against JPMorgan Chase for “knowingly” enabling the sex trafficking operation of Jeffrey Epstein.  AG George is specifically saying JPMorgan Chase was fully aware of what Epstein was doing.

NEW YORK – The U.S. Virgin Islands on Tuesday filed a lawsuit against banking giant JPMorgan Chase, accusing the Wall Street corporation of turning a “blind eye” toward the conduct of the late disgraced financier Jeffrey Epstein.

Virgin Islands Attorney General Denise George said in a complaint filed in a Manhattan District Court that JPMorgan Chase facilitated the trafficking of minors for sexual abuse at the hands of Epstein.

(more…)

Treasury Dept Makes Rule Determination Undermining Premise of EV Tax Credits Within Inflation Reduction Act

We accept the named legislation “Inflation Reduction Act” (IRA) is a legislative misnomer intended to obfuscate the true construct of the bill.  The IRA was factually the ‘green new deal’ program packaged under the guise of an ‘inflation reduction’ premise.  However, in order to discuss the outcome of the content we have to play the game of pretending around the purpose of the legislation.

Within the IRA there was a $7,500 tax credit for American made Electric Vehicles.  The intent of the legislation was to provide incentives for U.S. consumers to purchase ‘sustainable’ and environmentally friendly electric cars, trucks, SUV’s etc made in America.

The Congressional Budget Office (CBO) scored the bill with this legislative intent in mind.   However, the Treasury Department is now taking apart the granular details of the legislation in order to qualify foreign made vehicles for the $7,500 credit. The rules interpretation from the Treasury Dept essentially negates the CBO score, and the outcome is going to be much more expensive than initially stated.

Because the $7,500 comes in the form of a tax credit, the IRS (Treasury) is the institution making the determinations for qualification.  Treasury is changing the qualifications to permit basically any EV to qualify, by parsing a difference between a leased vehicle and a purchased vehicle.  Additionally, Treasury is changing the battery sourcing aspect by qualifying essentially any trade agreement as a Free Trade Agreement (FTA), saying the term Free Trade Agreement was undefined in the legislation.

As an outcome & simply cutting to the chase, EV batteries from just about anywhere, inside EV vehicles from basically anywhere, that are purchased as leases from just about any auto manufacturer, will qualify for the $7,500 credit. It’s all a shell game, with the Biden administration determining where the pea is located.

Dec 29 (Reuters) – The U.S. Treasury Department said Thursday that electric vehicles leased by consumers starting Jan. 1 can qualify for up to $7,500 in commercial clean vehicle tax credits, a decision that makes those assembled outside North America eligible.

(more…)

December 21st – 2022 Presidential Politics – Resistance Day 701

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the JoeBama Administration and Presidency.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”

“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”

~ Mike Vanderboegh

This thread will refresh daily and appear above the Open Discussion Thread.

(more…)

Wednesday December 21st – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

.

(more…)

Mitch McConnell, “Providing Financial Support for Ukraine is the #1 Priority of The United States and Republicans Right Now”…

Nope, it’s not the border crisis and millions of people unlawfully flowing into the United States.  Nope, it’s not the collapsing economy or massive inflation that crushing the working class.  Nope, it’s not the skyrocketing cost of fuel, energy, oil and gasoline as the direct result of catastrophic energy policy….

…”Providing assistance for the Ukrainians to defeat the Russians, that’s the #1 priority for the United States right now, according to most Republicans.  That’s sort of how we see the challenges confronting the country at the moment.”… 

Those are the direct words of Republican Senate Leader Mitch McConnell.  WATCH:

.

Tell me again how the Republican party is salvageable?

(more…)

House Democrats Vote to Publicly Release Donald Trump Private IRS Tax Filings, Setting New Precedent That Can Target Any American Taxpayer

Democrats on the House Ways and Means Committee used an arcane law, well over 100 years old that permits the Chairman Committee, Chair Richard Neal (D-Mass.), to review the personal tax filings of any American, in order to obtain Donald Trump’s personal tax filings from the IRS.

However, even in the hands of the committee, strict privacy laws still applied to the tax filings unless the committee interceded and voted to make them public.  That’s exactly what the Democrats in the committee did today with a party-line vote.

The Democrats have set a new precedent in congress for any party in power to demand the tax filings of any individual American and then release them to the public.  When the Republicans take control of the committee in January 2023, will they demand the Tax returns of Barack Obama, or Hillary Clinton or Joe Biden, or Mark Zuckerberg, or Chuck Schumer, or Jeffrey Epstein, or Nancy & Paul Pelosi and then make them public?

WASHINGTON DC – House Democrats said they will release several years worth of former President Donald Trump’s tax returns in the coming days after a party-line vote Tuesday night to make the long-hidden filings public.

Lawmakers said it would take some time to first redact sensitive information from the documents, such as Trump’s Social Security number and address.

[…] Neal had sued for the filings under an arcane law allowing the heads of Congress’s tax committees to examine anyone’s returns.

(more…)

Europe and Asia Complain the U.S. Inflation Reduction Act Doesn’t Help Their Economy Enough, Biden Working on Solution

One might think the U.S. Inflation Reduction Act would be constructed in such a manner as to help Americans by reducing inflation.  However, not only does the Inflation Reduction Act not help reduce inflation, but the climate change bill carrying the name The Inflation Reduction Act is now the cause for complaints by Europe and Asia because the falsely named spending bill doesn’t help their economy.

The issue stems from the part of the climate change bill that provides a $7,5000 federal tax credit for electric vehicles.  As the bill was written the vehicles needed to be assembled in the USA with battery components mostly sourced from the U.S.A.   Europe and Asian automakers are not happy because they want their vehicles, made in Europe and Asia to benefit from the tax credit.

Of course, the first thing Joe Biden does is tell Europe and Asia he will modify the rules to permit vehicles made outside the USA to benefit.  The exact opposite of the intended construct of the bill in the first place.

But,… that’s multinational corporate globalism in action.

WASHINGTON—The Biden administration on Monday delayed proposing detailed rules for new tax incentives for electric vehicles, following strong pushback from European and Asian allies that the subsidy program discriminated against their companies.

The Treasury Department said details on the battery-sourcing requirements that electric vehicles must meet to qualify for up to $7,500 in tax credit will be released in March, instead of by the end of this year as earlier planned.

(more…)

REPORT – Ukrainian President Volodymyr Zelenskyy Will Arrive in Washington DC Tomorrow, Wednesday

Picking up checks from congress along with some supplemental Christmas shopping likely a high priority.  Because, why not.

Ukrainian President Volodymyr Zelenskyy will be in Washington DC on Wednesday to deliver a speech to a joint session of congress and visit with Joe Biden at the White House.

WASHINGTON DC – President Volodymyr Zelenskyy of Ukraine intends to make a surprise visit to Washington on Wednesday, the first time the leader has left his war-torn country since Russia invaded 10 months ago.

Zelenskyy’s plans to address a joint session of Congress and at the White House as the Biden administration plans to announce the delivery of a Patriot missile battle system to help Ukraine with its air defenses, according to two people familiar with the plans but not authorized to publicly discuss them because of security concerns.

The trip is not certain to happen, the people cautioned. Zelenskyy was still in Ukraine on Tuesday evening, and there are concerns about his ability to leave his country and then return again.

(more…)

Twitter File Release #8 – Evidence Showing Pentagon/State Dept using Twitter for Propaganda, Release Curated to Protect Barack Obama

In addition to confirming more of the basic construct behind Jack’s Magic Coffee Shop, Twitter File Release #8 also reveals that Twitter officers are carefully curating information to protect their interests.  When information is curated to protect political interests, it puts a question mark behind all prior releases.

In release #8, the basic outline is showing how the U.S. Department of Defense (DoD) and U.S. State Department (DoS) work with the social media platforms to amplify messaging and create specifically anonymous government accounts intended to spread propaganda globally. [Twitter File Release #8 Here]  The government then asks the platform engineering side to boost the messaging of the government accounts and use the internal tools to promote government users.  Essentially, social media propaganda.

The United States intelligence apparatus was/is actively using and working with the Twitter platform to align with U.S. government interests.  The govt was coordinating, instructing, assisting and benefitting from the relationship.  Pro govt positions were amplified, and information adverse to the interests of the Pentagon and State Dept was removed, hidden, throttled.

Unfortunately, as admitted by Twitter File #8 Author Lee Fang, a writer for The intercept, “The searches were carried out by a Twitter attorney, so what I saw could be limited.” There is no ‘could be‘ in that statement.  The searches were limited, specifically time limited putting all of the scrutiny on the timeline when Donald Trump was in office.

CTH has no vested interest in this pretending nonsense.  We all know, hell, its public record, the use of Twitter and Facebook as a tool to advance U.S. foreign policy began during the Obama administration.  There are dozens of mainstream press accounts of Barack Obama and Hillary Clinton reaching out to Twitter and Facebook for support during the ’11/’12 Arab Spring.   This is not controversial, it happened.

However, the current release uses a carefully applied time filter only showing DoD and DoS use of the platform (to assist foreign policy) starting in 2017, when President Trump took office.  This is intentional.  The origin of the practice starts with Barack Obama.

(more…)