«I`m a capitalist, but here`s the deal…..» president Biden said. He also bashes trickle-down economy. Steve Forbes said Biden is not a capitalist. He is a far-left politician. Economists like Forbes are concerned about the rising inflation.
Core PCE prices in the US, which exclude volatile food and energy cost, increased 3,1 percent YoY in April of 2021, following an upwardly revised 1,9 percent gain in March and compared to market forecasts of 2,9 percent.
It is the highest rate since the 1990s, bringing it well above the Fed`s 2 percent target.
The Core Personal Consumption Expenditure Price Index provides a measure of the prices paid by people for domestic purchases of goods and services, excluding the prices of food and energy. The core PCE is the Fed`s preferred inflation measure, and the targest is 2 percent.
President Biden released a proposal that calls for $6 trillion in additional spending over the next decade. An ambitious plan that would run a $1,8 trillion federal government deficit despite a raft of new tax increases.
The budget proposal incorporates the American Jobs Plan, the American Families Plan and the $4 trillion infrastructure. Looking for the expectations about unemployment, the White House sees it falling to 4,7% by the end of 2021, 4,1% in 2022, and 3,8% the following year. They expect it will remain at 3,8% for the ensuing seven years.
The Treasury Department said that the deficit for the first seven months of fiscal 2021 still hit a new record of USD 1,932 trillion, which is a 30% increase from the same period of fiscal 2020.
Somebody have to pay for all the debt, and that is the people. To solve that, Biden wants people to pay more tax, but inflation (higher prices) is also a form for tax. A hidden tax.
Nobody expected Putin to show up at the World Economic Forum this time. Putin`s virtual address at the WEF was unexpected. But, they’re all there to make a better world and Putin warned that the coronavirus pandemic has exacerbated preexisting global problems and imbalances.
All these problems can come out of control, and these could deteriorate to a point where there is a fight of «all against all.» «We have every reason to believe that the tensions might be aggravated even further,» Putin warned.
Not only that. Putin also said that the times we are living in right now is similar to the ’30s, and I think he is so right. This is what I have pointed out for a very long time now. Just take a look at the history.
It`s similar to when it comes to the scale and scope of what he called systemic «challenges and potential threats.» Putin said the crisis had increased social stratification, populism, right- and left-wing radicalism, adding that domestic political processes were becoming more violent.
«All of this cannot but impact international relations, making them less stable and predictable,» Putin said.
«In the 20th century, the failure and inability to centrally resolve such issues resulted in the catastrophic World War II. Of course, nowadays such a heated conflict is not possible, I hope that it`s not possible in principle, because it would mean the end of our civilization.
But I would like to reiterate, that the situation might develop unpredictably and uncontrollably if we will sit on our hands doing nothing to avoid it.
And there is a possibility that we may experience an actual collapse of global development that might result in a fight of all against all,» Putin said.
Putin and Biden had a meeting on the phone on Tuesday. They come to an agreement to extend their current nuclear arms pact, the NEW START treaty, for another five years.
The more you lie and the bigger the lie is, the more people believe in it. I have never in my life seen so much lie as it is right now. Do the Media Mob really believe that people are stupid? 83% of the Republicans believe there was voter fraud in the election. That`s alarming.
Putin was that last leader in the West to congratulate Biden as he was officially the next US President. But the fact is that the real date is 20 January, according to the Constitution, which means the Trump team has four weeks left to come up with evidence of massive fraud.
The corruption is right in front of our eyes. What the elite establishment has done is unbelievable, and the fight against the rotten system continues. The next revolution is just getting started. Drain the swamp.
Biden has repeatedly said that Trump is doing nothing to save the people from Covid-19. So has the Media Mob. But the fact is that Trump has done a lot to get a new vaccine on the market. Normally, it takes 5 to 10 years to get a vaccine on the market, but Trump and his administration did it within a few months.
What Trump has been working hard on is Operation Warp Speed (OWS). The first news report of OWS was on April 29, 2020, and the program was officially announced on May 15,2020. OWS was formed to encourage private and public partnerships to enable faster approval and production of vaccines during the COVID-19 pandemic.
OWS is funded with about $10 billion from CARES Act (Coronavirus Aid, Relief, and Economic Security) passed by the United States Congress on March 27, 2020. OWS`s overall goal is to deliver 300 million doses of a vaccine by January, and that`s enough to immunize 45% of the population.
Two companies are backed by OWS and that is Pfizer and Moderna. Both have announced positive results from their final stage of trials. Pfizer`s vaccine was found to be 95% effective in preventing COVID-19, while Moderna`s was found to be 94,5% effective.
OWS awarded Moderna $955 million to advance its clinical trials and another $1,5 billion to manufacture and deliver 100 million vaccine doses.
Pfizer`s contract is different. Pfizer received $1,95 billion to manufacture and distribute 100 million doses, but it did not accept funding for research or development.
The Media Mob said that Trump was stealing the cred for the vaccine, but most of the Warp Speed`s budget, around $10 billion, came from congressional funds awarded in the spring, according to the HHS.
A September Bloomberg Investigation found that the Trump administration siphoned additional funds to Warp speed that were meant for another public-health program. That included $6 billion from the Strategic National Stockpile and $1 billion from the Centers for Disease Control and Prevention (CDC).
With FDA-authorized vaccines, we will hopefully get back to normal by the summer of next year, and hopefully, COVID-19 is under control before the next flu season……
The Media Mob is telling you that Trump is losing state after state after state, but that is a big lie. Fake News. They say Trump lost 39 times in court, but the truth is that Trump has four lawsuits and the evidence of fraud is now beginning to show up.
The evidence is shocking!
If you are one of those who are saying that the US election was full of criminal fraud, the Communists on the left side will say you are crazy. But the opposite is the truth. Those who don`t believe it was massive fraud must be crazy.
Late on election night, Trump was a clear winner, but then, suddenly, many swing states stopped counting ballots. In most cases, observers were removed from the counting facilities, and people were ordered to go home.
The video in Georgia shows that four men continued to count after people went home. They also removed ballots. As we all know; things began to change on Wednesday, and the trend was going Biden`s way. On Saturday, the Media Mob said the next president in the US is Biden.
Hundreds of thousands of ballots were counted and 90 percent went to Biden. Late arriving ballots were also counted. In Pennsylvania, 23,000 absentee ballots have impossible postal return dates and another 86,000 have such extraordinary return dates they raise a serious question.
Many of them didn`t match signatures on mail-in-ballots. Many of them were destroyed envelopes, which must contain signatures. There are also plenty of missing votes. In Delaware County, Pennsylvania, 50,000 votes held on 47 USB cards are missing.
More than 20,000 people who no longer met residency requirements cast ballots in Georgia. Biden`s margin is 12,670 votes. According to the Media Mob, Biden is the most popular president in the US ever. He got more votes than Obama and Clinton. What a man.
Record numbers of dead people voted. Thousands of them voted Biden. Ballots in pristine condition without creases, that is, they had not been mailed in envelopes as required by law.
The Marxists don`t want to talk about the election and want people to move on. They say Biden is the next president, so shut up. Sorry, but this is not how a democracy works.
You must be crazy if you don`t realize that something very strange happened in the early hours of Wednesday, November 4, and the days that followed. Not only Republicans should be interested in this odd situation because it should be in everybody’s interest to have a free and fair election.
President Trump got 11 million more votes than in 2016 and that is the largest rise in support ever for an incumbent.
President Obama was comfortably reelected in 2012 with 3,5 million fewer votes than he received in 2008.
Trump is a big success. He performed far better with many key demographic groups. 95 percent of Republicans voted for him, and he did extraordinary well with rural male working-class whites. Not only that; he earned the highest share of all minority votes for a Republican since 1960.
Not only that; Trump grew his support among black voters by 50 percent over 2016. (Biden`s black support fell well below 90 percent, the level below which Democratic presidential candidates usually lose). In addition; 35 percent more of the national Hispanics voted for Trump.
The polls told us that Biden would win. They said Trump didn`t have a chance at all. But they were all wrong. Media and academic polls have an impressive 80 percent record predicting the winner during the modern era.
On the other hand; non-polling metrics forecast Trump`s reelection. The mainstream polls were totally wrong for the first time ever, and every single metric was wrong at the same time.
The Kraken is released and many whistleblowers are now showing up. Some whistleblowers reveal USPS allegedly responsible for tampering with hundreds of thousands of ballots.
What the Trump team is doing is to preserve and protect election integrity. President Trump has been saying from day one, that this is about maintaining a free and fair election and not to overturn the outcome.
Those who don`t want to talk about fraud do not care about democracy. The Fake News is not covering most of the evidence that is coming up, and we must ask why? The Fake News Media Mob isn`t fair and lies to the people. What we see is deceit, which means journalism is dead.
The United States is a nation of rules. Not a nation of rulers and Trump`s team are making sure that the constitution is protected. The journalism we see today is not acceptable. They lie and hide the truth, but people deserve to hear the truth.
The voter fraud the elite team is working with is actually election official fraud. That is how a banana republic is working, and the state legislatures are the ones that make election laws. What actually happened, in this case, is that state and local level officials and all the way up to have changed the rules. (a typical Marxist strategy).
This is how the leftists are doing it. If they don`t like the rules, they simply change them. They change them in the last minute. They manipulate them. The Marxists want to tear down the American system.
The US founders were so brilliant that they anticipated this. That there would be corruption. There would be a foreign influence. There would be attempts to manipulate the outcome of the election. Especially who they called a chief magistrate.
Alexander Hamilton wrote about it in 1788 in an essay called the Federalist No 68. He said there is a problem of corruption of the electors. Every polity must address that. The Republic of Venice had a truly byzantine system of election and selection by a lot of those whose sole responsibility it would be to elect the Doge (the executive).
The sheer number of participants and the unpredictability of the eventual identity of the Venetian electors made vote-buying, influence-peddling, and intimidation impractical. In Federalist 68, as well, Hamiltonn assures the reader that, in the American system, corruption and the influence of faction are avoided by the temporary and limited duty of the electors, the disqualification of federal officeholders to serve, the large number of electors, and the fact that they meet in separate states at the same time.
Presumably, those protections fall away when the House elects the President. But Congressmen have to worry about re-election and, thus, want to avoid corrupt bargains that are odious to the voters.
All the communists in the US and also in Europe are talking about the age of the voters. They want 15 years old teenagers to vote. Yes, they are not kidding. They are serious. Can you believe that? Ask yourself why?
The crime is at the top and this is why people want Trump to «Drain the Swamp.» There is no doubt about the fraud in the election and the establishment is in trouble now.
There is no doubt that Trump is Making America Great Again. The US election will never be the same again, thanks to Trump. The corruption will be more difficult to hide and the US election will be much better in the years to come.