The Bureau of Economic Analysis (BEA) has released the first estimate of Gross Domestic Product (GDP) for the third quarter (July, Aug, Sept). [DATA HERE]  The top line number of two percent GDP growth is significantly worse than most economists and financial pundits expected.

The second quarter GDP was 6.7%, so a slow down to 2% is very significant considering the economy should be rebounding and reopening after the COVID-19 impacts.  However, when we dig into the details [Table One] you will see how what is happening in your life is actually reflected in the data.   None of this should be a surprise, as the data is simply reflecting what is happening in your personal checkbook economics.

First, here’s the media jaw agape, with false explanations and justifications:

.

The drop has nothing to do with the ‘delta variant’, and everything -EVERYTHING- to do with inflation and impacts from Joe Biden’s economic policies.

Let’s take a look at the details, and you will see how the national GDP is simply a reflection on what we are doing to survive the Biden economy.

(more…)

Taxing “unrealized capital gains” sounds like a catchy and obscure way to make wealthy people pay more in taxes, but it doesn’t work.  A government that moves in this direction ignores the reality that people are not static.  The process also involves “taxing wealth” which then becomes an arbitrary definition.

Unrealized capital gains are not income, they are simply increases in value.

If your home was worth $200,000 last year and $300,000 this year, you have an unrealized capital gain of $100k.   A 15% tax bill on that value increase means the homeowner would have to pay $15,000 to the IRS.

Joe Biden is proposing to pay for his multi-trillion expansion in debt through this type of tax upon billionaires.   Treasury Secretary Janet Yellen admitted this was part of their thinking to help pay for the Biden budget last Sunday.  WATCH:

.

Proposing a tax on money that does not exist is the peak of government.   Sure the proposal applies only to billionaires who have massive gains in their stock portfolios, but billionaires are not esoteric titles.  Billionaires are people who can, if needed, move their physical location and avoid any U.S. tax on their wealth.

(more…)

Attorney General Merrick Garland appears before the Senate Judiciary Committee to answer questions about his involvement in the drafting of a DOJ memo to the FBI requesting support for investigations of parents who attend school board meetings across the country.

While the topic is downplayed by U.S. corporate media, the specifics of the issue are pertinent in that they highlight the politicization of the Justice Department by DOJ officials throughout main justice and the various offices of U.S. attorneys.

Garland was prompted to write his instructions as an outcome of the White House coordinating with leftist political operatives within the education system, specifically the National School Board Association.

It seems apparent, from the questioning and responses today, that Deputy Attorney General Lisa Monaco was the central DOJ official who coordinated the political intent of the memo.  Monaco was previously President Obama’s homeland security advisor and lawyer in the White House.  Within the main justice structure, Lisa Monaco is now the head of the DOJ National Security Division, the agency given the prosecutorial power within the Garland memo.

The background of the memo involved parents becoming aware of Critical Race Theory (CRT), essentially Marxist lesson plans within various regional school boards.  The parents responded to the information by confronting school boards across the nation.  The left-wing political operatives were caught off guard by the massive assembly and grassroots organization of parents in almost all states.

(more…)

One of the lesser highlighted aspects to Attorney General Merrick Garland using the FBI to investigate parents as domestic extremists when they attend school board meetings, is that Garland put the prosecutorial process in the DOJ- National Security Division (DOJ-NSD).

From the perspective of the general public, the DOJ-NSD has become a well known division within the DOJ in the past several years, because it was within this division where the lawfare alliance constructed their political targeting operations against candidate Donald Trump.  The DOJ-NSD is where the secretive title-1 FISA applications are created and submitted to the FISA court.

As established by AG Eric Holder and DAG Sally Yates, the DOJ office of inspector general, the internal self-checking mechanism to act an a watchdog, was also blocked from having oversight into the DOJ-NSD throughout the era of Barack Obama.  This lack of oversight was intentional to keep the DOJ-NSD political operations hidden from any review.

The DOJ-NSD was the home for John Carlin, Mary McCord, Andrew Weissmann and Bruce Ohr among others who conducted the investigation into Hillary Clinton’s classified email use and later into candidate Donald Trump via the FBI Crossfire Hurricane operation.  It is the DOJ National Security Division that selects targets for prosecution (ex. FARA) based on political affiliation.   In this round of questioning by Tom Cotton, the Arkansas senator focused on the use of the DOJ-NSD by Merrick Garland.  WATCH:

(more…)

Alarming possibilities within the question….  None of them good.

Joe Biden is willing to allow experiments on our children.

Via Techno Fog – On Tuesday, October 26, 2021, the FDA is meeting “to discuss a request to amend Pfizer-BioNTech’s Emergency Use Authorization (EUA) for administration of their COVID-19 mRNA vaccine to children 5 through 11 years of age.”   […]  If all the experts are correct – if there is no COVID-19 emergency for kids 5-11 years old – then why is Pfizer seeking an emergency use authorization?  (read more)

READ THE ISSUE

There is no other hill folks.

(more…)

Earlier today Florida Governor Ron DeSantis delivered remarks on the Florida economy and took questions from the media.  The press conference was held in North Venice, Florida, with Department of Transportation Secretary Kevin Thibault and VISIT Florida President & CEO Dana Young to highlight job growth and the expanding economy.

During the press questioning, the Florida governor was asked about his state’s response to COVID-19 and criticism from the Joe Biden administration.  DeSantis took the opportunity to point out how political the National Institute of Health has become, and also noted the disgusting research funded by taxpayer money.

…”You cannot have mad scientists running around playing God like this … including cruel experiments on puppies”…

WATCH:

.

Full remarks and press conference below:

(more…)

Appearing with Maria Bartiromo this morning, Florida Governor Ron DeSantis discussed how commonsense approaches to COVID-19 can keep economic growth continuing while taking simple precautions.  As noted by the Florida governor, his policies at a state level generated almost half of all national job gains in September.

DeSantis noted the Florida ports are able to handle additional capacity to off-load any transcontinental shipments and keep products flowing further into the U.S. mainland.  Several shipping companies have already diverted ships into Florida ports to take advantage of the state opportunity.  Additionally, DeSantis outlines his intent for a recently announced special legislative session to pass state laws protecting workers from getting fired as a result of their vaccine status.

As the national media continue to attack DeSantis in an effort to support a national agenda promoted by the Biden administration, the influential Florida governor vows to push back against overreaching federal mandates and keep the principal of individual liberty at the center of his policy.  WATCH:

.

Recently the Florida Governor also unveiled his own version of the Gadsden Flag specific to his state.

(more…)

Emerald Robinson has detailed a court filing in Colorado against Dominion Election Services. [Full Article Here] Within the filing there are some very interesting details worth reviewing:

…”[Dominion] has not waged its Lawfare campaign as only a corporate citizen, but also as a state–actor, i.e., the government. OVS is a state–actor because States across the United States have outsourced their constitutional obligation to run elections by deferring to [Dominion’s] professional experience and contracting out the administration, collection, counting, recording, and auditing of ballot results through voting technology, software, and thousands of hours of technical and election services.

For example, Georgia paid [Dominion] roughly $90,000,000 for a complete, end–to–end election solution in their Master Solution contract. In the Master Solution, Georgia specifically stated “[t]he unique abilities, knowledge, and skills of [Dominion] constitute a material inducement for State entering into this Agreement.” Such reliance and partnership between [Dominion] and States, according to which [Dominion] itself takes the place of the government, makes [Dominion’s] conduct of elections and all its related activities a state-action. The administration, collection, counting, recording, and auditing of ballot results in elections are inherently a traditional, exclusive public function. So not only have these Americans received Letters from a corporate citizen with tens of millions in annual revenue and private equity support, but they have also been threatened by, in effect, the government itself.”  (read more)

When the Australian government began beating their citizens in the street for leaving their houses and protesting against severe lockdown rules, I said –somewhat tongue in cheek at the time– to watch Vladimir Putin (Russia) and Xi Jinping (China) trigger U.N. security council sanctions against the Australian government for human rights abuses.

The point I was making earlier was to highlight a danger.  If Western governments continued to devolve into totalitarian regimes, global autocratic leaders will take the opportunity to exploit vulnerabilities created by such open undemocratic hostility toward the principles of freedom.

Putin, Xi and the Mullahs in Iran can easily enlarge their global influence if citizens in formerly free democratic nations react to western COVID mandates by rightly and appropriately rebuking their national and regional leadership.

CONSIDER– What population inside a western democracy is going to want to fight Russian or Chinese geopolitical aggression when they view their own national leaders through the same totalitarian prism?

Think about it carefully, because we are at this inflection point.

♦Ex. If China takes military action against Taiwan, and the leaders of France, Germany, the U.K, Australia and the United States want to do something about it, their internal credibility accounts are overdrawn.  Western populations writ large will not support those requests, because the citizens no longer view those leaders through the prism of freedom, liberty and democracy.   This is the current situation.  This is the danger western leaders ignored when they jumped into their totalitarian COVID mindset.

In a clear example of how autocrats can exploit this self-inflicted vulnerability, check out this speech during a plenary session of the 18th annual meeting of the Valdai International Discussion Club in Sochi, by Russian President Vladimir Putin (h/t Rebel News):

(more…)

Earlier today White House Press Secretary Jennifer Psaki falsely claimed a United States President can do nothing about gasoline prices.  This is an oft familiar claim by the political left, it is also one of the more transparently false assertions in their arsenal of deceit.  First, WATCH:

So what can a U.S. President and administration specifically do?

We have abundant U.S. energy resources.  Quite literally the strongest in the entire world.

• Permit the use of preexisting approved leases in ANWAR (Alaska) to put more volume into the Alaskan oil pipeline that is severely underutilized.
• Finish the Dakota access pipeline.
• Re-approve the preexisting energy leases in New Mexico, Arizona, NE Atlantic and Gulf of Mexico.
• Retract the stoppage of the Keystone pipeline to permit efficient oil transport shipments from Canada.
• Stop blocking the expansion of coastal oil refineries in Texas, Louisiana and Alabama (regulatory issue), as well as Northwest, Northeast and Southeast Seaboard.
• Continue to develop natural gas as a clean burning fuel.
• Drive Liquefied Natural Gas (LNG) as an export.

None of this requires any approval from OPEC.  Strategically the all of the above approach enhances U.S. national security and diminishes the influence of Russia, China and Iran.  Within six months of the above, gasoline will plummet.

(more…)