BIDEN WATCH: 1.28.23 - The United States Is Insolvent

The United States Is Insolvent - by Michael Snyder - http://theeconomiccollapseblog.com/the-united-states-is-insolvent/ You can call everyone for dinner, because our goose is cooked. We are so deep in debt that the only way we can keep the entire system from collapsing is to keep borrowingeven more money. Perhaps you have been through a similar scenario with your own personal finances. When you simply do not have enough money to pay your bills, borrowing more money can seem like a really easy short-term solution. Unfortunately, the U.S. governmenthas been doing this for decades, and now our national debt spiral has reached a terminal stage. Even if we gathered up all of the money that exists in every bank account in America, we could not pay off the national debt. The debt level is exploding upwardsat an exponential rate, and the only way that the federal government can continue to pay the bills is to keep borrowing and spending colossal mountains of money that we must borrow from someone else. As I write this article, the U.S. national debt is sitting at 31.4 trillion dollars. But the total value of all goods and services produced in the United States last year was only about 25 trillion dollars. Our leaders in Washington could try to reverse course by balancing the budget, but that would lead to a short-term economic disaster. Just think about it. What do you think would happen if a couple trillion dollars of government spending was suddenly sucked out of the economy? We would immediately plunge into a horrifying economic depression. Sadly, the truth is that we have been borrowing from the future to make the present a lot more pleasant. We are enjoying an artificially-inflated standard of living that wedo not deserve, and we have been using debt to fund that artificially-inflated standard of living. But now a day of reckoning is here. Of course it isn’t just the federal government that has gone completely insane. Our state and local governments are collectively more than 3 trillion dollars in debt. Corporate debt in the United States has now surpassed the 12 trillion dollar mark. And total U.S. household debt is now over 18 trillion dollars. As the U.S. economy has slowed down in recent months, an increasing number of Americans have turned to credit card debt. So now credit card debt is rising at an exponential rate while the savings rate has dropped to a historic low. And at this point the average rate of interest on credit card balances is the highest ever. I don’t even have the words to describe how self-destructive we are being. On every level of society, debt levels are absolutely skyrocketing. We are literally committing national financial suicide, but many people don’t seem to care. And many people don’t seem to care because they don’t even understand what is happening. At this point, our “system of education” has produced hordes of completely clueless individuals that can barely even function in a modern society. If we had a population that was properly educated and properly informed, they would be absolutely horrified by what our leaders have been doing to us. WATCH: https://youtu.be/g6-xU1t3NPg But instead, our leaders have been free to systematically destroy our financial future for a very long time, and very few of us have even cared enough to object. Unfortunately, we have reached a point where there is no turning back. We have already destroyed the reserve currency of the planet. We have already created rampant inflation. The Federal Reserve has been feverishly hiking interest rates, but that is dramatically raising debt service costs at every level of our society, and it is also causing economicactivity to slow down all around us. Companies all over America are now laying off workers, and that even includes Google… On Friday, Alphabet-owned Google announced it was cutting 12,000 employees, roughly 6% of the full-time workforce. While employees had been bracing for a potential layoff,they are questioning leadership about the criteria for layoffs which surprised some employees, who woke up to find their access to company properties cut off. Some of the laid-off employees had been long-tenured or recently promoted, raising questions aboutthe criteria used to decide whose jobs were cut. Shortly after CEO Sundar Pichai’s initial email to employees Friday morning, Google’s search boss Prabhakar Raghavan sent an email to employees saying he “also feels the responsibilityto reach out” and asking for them to save questions for next week’s town hall. There will be “bumps in the road” as the organization moves forward with the layoffs, Raghavan noted. Why is Google doing this? No corporation in the entire country is stronger than they are. If there is one company in America that should not be laying off workers, it is Google. Of course just about every large tech company is laying off workers these days. Microsoft is laying off workers. Amazon is laying off workers. Facebook is laying off workers. Twitter is laying off workers. We haven’t seen anything like this since 2008, and that is because we haven’t had an economic crisis like this since 2008. So many people are going to lose their jobs in the months ahead. And the economic pain that we will experience in 2023 will be just the beginning, because the entire system is starting to come down all around us. Did you actually think that we could go on the greatest debt binge in all of human history and that everything would work out just fine somehow? That is not how the real world works. We sat by and did nothing while our leaders made disastrous decisions for decades, and now we will be forced to watch in horror as the consequences of those decisions playout right in front of our eyes. ----------------------------- How to resist the WEF - Bill Wilson � www.dailyjot.com A communist utopia with China as the model�this appears to be the unspoken goal of the World Economic Forum as it touts �collective� action on ambiguous areas such as climatecontrol, health equity, finances, mobility, energy, food, education, and technology. These areas affect each of our lives and the WEF cabal intends to control us with the flip of a switch. When you look at the thousands of companies and world leaders who supportthis collective, it can seem overwhelming to try to resist it. But just like the Bible warns about taking the mark of the Beast in the end of days, we should practice not being part of the far reaching and tyrannical tentacles of the WEF. A COVID-induced loss of life and subsequent economic recession, runaway inflation, and rising interest rates have dampened the progress of the globalist world order. Theirhandling of these macro issues is less than effective, giving a great deal of pause to the great reset. The Wall Street Journal, for example, reported that the mood at Davos was somber amid these worldwide economic woes post-COVID. This may lead some to believethat the global cabal overshot its command and control as the COVID vaccines were found to be ineffective and unsafe, leaving a rift of side effects and excess deaths in their wake; lockdowns were counterproductive because they ruined world economies, andthe government-corporate partnerships proffered by the WEF proved incapable of handling the aftermath of their actions. This general situation created by the WEF brain trust is destined to fail. The WEF success relies heavily on profit through collectivism, which we know only works for a handful.If WEF corporate partners face financial stress due to the failings or shortcomings of the government policy partners, the WEF house of cards starts collapsing. COVID provided the vehicle of policy control as supported by global corporations. Their lockdownsdemonstrating population control threw the world into a recession where drug companies and medical firms prospered, but challenges are faced by the rest of the captains of industry. The media suffered credibility, and people started pushing back with a lackof confidence. Individuals can resist the WEF and its global play for tyranny by pushing along the failures of collectivism. Don�t buy into what they are doing. Resist wokeness�you know what it is�the issues these people use to divide us. Speak and work against them. When they say something is moral,know that it�s immoral and don�t do it. Look at the list of companies that support WEF and try to boycott them. If everyone reduced their purchases from these companies even 10%, it would be a major financial issue for them. Take your money out of their investmentfunds, put it into other assets. Find ways to build community with your neighbors and friends. We all need support. Exchange food and services in helping one another. Pray and Act. As Christ said in John 13:34, �A new commandment I give to you, that you loveone another; as I have loved you, that you also love one another.� Know who you are and be that person. WEF Partners https://www.weforum.org/partners/#8 ----------------------------- Stupidocrisy: blah, blah, blah, blah, blah - BillWilson � www.dailyjot.com In recent years it started with Hillary Clinton having classified emails on a server in her bedroom closet. Then came Donald Trump having classified documents at his homein Florida. Then it was Joe Biden having classified documents since he was Vice President sitting behind his corvette in his home�s garage. Now it�s former Vice President Mike Pence�s turn, with classified documents found at his home. Blah, Blah, Blah, Blah,Blah. There�s a pattern here. It�s not hard to make the jump that all these people, probably from the time that they started classifying documents, have had classified documents at one time or another in their personal possession. It�s not the classified docs.There�s more to the story.Stupidocrisy: blah, blah, blah, blah, blah - Bill Wilson � www.dailyjot.com In recent years it started with Hillary Clinton having classified emails on a server in her bedroom closet. Then came Donald Trump having classified documents at his homein Florida. Then it was Joe Biden having classified documents since he was Vice President sitting behind his corvette in his home�s garage. Now it�s former Vice President Mike Pence�s turn, with classified documents found at his home. Blah, Blah, Blah, Blah,Blah. There�s a pattern here. It�s not hard to make the jump that all these people, probably from the time that they started classifying documents, have had classified documents at one time or another in their personal possession. It�s not the classified docs.There�s more to the story. The enemy doesn�t need to break into the White House to get this stuff. They just need to hang out behind Joe�s garage, or be some politician�s house cleaner. They might beable to find out something of interest. I don�t think so. I think there is something else going on. In Clinton�s case, it was the powers that wanted to draw attention away from the millions upon millions she was bilking from the Russians in her pay for influencescheme. It took a back of the plane meeting on an airport tarmac between her former president husband and the Democrat Attorney General Loretta Lynch to call off the dogs. Then the FBI was on again off again before the 2016 election about Clinton�s guilt overthe classified emails. Recently, former president Obama�s office said they have nothing to say about whether there were classified documents hanging around the Obama household. It seems like themedia is on alert for a classified document here or one there or whatever. Investigations are underway by the Justice Department. Imagine the Justice Department whose head is appointed by Biden �investigating� whether Biden illegally stored classified documentsunderneath his corvette in his Delaware home�s garage. Given Biden�s demented state, nobody really expects he would know if he had classified documents or if he would even know what �classified� means. There seems to be more to this story than meets the eye. The Democrats and the news media are playing the American people like kids in a river on each other�s shoulders having a chicken fight. Everybody can see what�s happeningabove the water, but who knows what�s going on below? The deep state keeping control of its oligarchy running the country? The Democrats wanting to get rid of Biden because he�s become a liability? The ongoing narrative against Trump and Republicans as �threatsto democracy�? Who really knows? It�s all so very confusing. 1 Corinthians 14:33 says God is not the author of confusion. In John 8:44, Christ says of the devil, �When he speaks a lie, he speaks of his own: for he is a liar and the father of it.� All this �classified document� stuff is a smoke screen for something far worse. Until then� Blah, Blah, Blah, Blah, Blah. Say it with me�Stupidocrisy. ---------------------------- The Supply Chain is Broken � Todd Strandberg - https://www.raptureready.com/category/nearing-midnight/ The United States has had a strange run of bad luck when it comes to dozens of food processing plants suspiciously catching fire over the past few years. In 2022, we had severalmeat packing plants suffer fires that brought production to a halt. Remarkably, no one was present at the time of most of the fires. The Eco Health Alliance whistleblower, a bioterrorism expert, military veteran, and scientist Dr. Andrew Huffhas a possible explanation for the food supply fires. Huff has access to government information about simulating a food supply attack. The information comes from the U.S. Department of Homeland Security�s Food and AgricultureSector Criticality Assessment Tool (FASCAT). This also includes which places are particularly at risk. According to Huff, who authorities have harassed due to the nature of his work since 2019, the U.S. government coordinated the attacks on the food facilities. But, in addition,something remarkable happened: the hard disk with the FASCAT data disappeared. Since then, there have been about 200 food factory attacks around the world, most of them in the U.S., he explained. There is no major interest in why supplies are being hamperedbecause the media shows little interest in the problem. The baby formula shortage of last year gained national attention because it was a life-and-death issue. Abbott Nutrition recalled its popular Similac powder and two linesof specialized formula, shutting down one of its plants due to bacterial contamination. This key event triggered a cascade of shortages as people scrambled to buy similar baby formula products. Parents could only buy two to four containers of formula at a time, depending on the store and those rules. That lasts a family about a week, a week and a half. Some parentswere not able to substitute certain brands, namely those in need of hypoallergenic formulas. When we had to import a large quantity of baby formula from Europe, I wondered what has happened to our nation. America has long been the source of basic consumer goods. Wehave been a net exporter of gains for nearly 200 years. During most of last year, my local Kroger�s had a difficult time stacking the shelves with canned cat food. I was never able to find out why cat food was in low supply. It�smade of low-grade meat, so there should be no supply issues. We don�t even have proper management of items that would be considered essential for daily life. Most of the fillers for drugs are made in other nations. The basic transistorsthat go into cars, computers, and smartphones are made in Asia. With 90% of all high-end chips being made in Taiwan, we would be in a huge pickle if China invaded the island. I�ve been on this earth for 57 years. I recall more times that there was an overabundance of food rather than there were times of shortage. In the 1980s, we had such a hugesurplus of corn, we didn�t know what to do with it. Because we didn�t have enough room in silos, farmers had massive piles of corn on the ground. During the past decade, we have not had any years of surplus. The years have been either too wet or too dry. If the U.S. has a good year for corn production, China or Brazilwill have a bad year. I think the reason why our supply chains are breaking down is because of the moral decline of America. We have turned our back on God, and he has lifted his hand of protectionfrom our nation. Since most supply chains will suffer a complete meltdown during the tribulation, the current problems may be an indication of what is headed our way. �And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in hishand. And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine� (Rev 6:5-6). ------------------------------- Censorship, Mass Surveillance and Bugs: World Economic Forum vs. The Free World- by J.B. Shurk - https://www.gatestoneinstitute.org/19340/world-economic-forum The World Economic Forum's nation-crushing empire looks like a chop shop that has stolen parts from the world's worst dictatorships in order to create Frankenstein's "woke"monster. It has swiped the Aztecs' penchant for human sacrifice to ward off bad weather, the Chinese communists' love of total control and the eradication of traditional culture, the Italian fascists' society-squeezing partnership with corporate monopolists,and the German Nazis' belief in a "master race" � chiefly the celebrities, bankers, crony capitalists, and potentates who assemble in Davos and elsewhere to applaud their own achievements and further implement their "master plan," which the WEF affectionatelycalls "The Great Reset." As Klaus Schwab, himself, recently declared to his potpourri of princely guests, the WEF intends to "master the future," and who better to "master" what has not yet been writtenthan those who view the rest of the planet's inhabitants as little more than servants and serfs? It would be nice to think that the twentieth-century's totalitarian monsters would have served as ample warnings to humanity never to tromp injudiciously down authoritarianism'sbloody path again. Alas, it appears that the lessons briefly learned from a century of global wars, genocides, conquests, and revolutions have been blown away like the seeds of a dandelion, so that evil can take root and grow once more. The WEF, of course,does not see itself as anything like Stalin, Hitler, Tojo, Mussolini, Pol Pot, or Mao. It sees itself as John Kerry does: as a "select group of humans" who will save the planet for everyone else. Did last century's totalitarians see themselves any differently?As Albert Camus might have asked: when has "the welfare of humanity" not been "the alibi of tyrants"? When the planet's most wealthy and powerful individuals assemble together under the protection of overwhelming military security assuring both their safety and the exclusionof everyone else, a warning from Adam Smith's Wealth of Nations comes to mind: "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices." With the madcap push to replace hydrocarbon energies with insufficient "green" alternatives jacking up the prices of commodities and goods around the world, while a rapidlyrising cost of living suffocates all but the most well-off, Smith's words have never been more accurate. As John Kerry bluntly explains, the only way to fight even the most insignificant amount of climate change is through, "money, money, money, money, money,money, money." It is a strange thing to see a self-aggrandizing, plutocratic "elite" give the game away. If each of those "money" exhortations represents a hundred trillion dollars, he might even be close to spitting out some truth. Before the brainwashed defenders of Club Klaus scream that the World Economic Forum's humanitarian motivations have nothing to do with making money, stop to consider the lunacyof such a statement. People with fortunes have an economic incentive to hide them behind the appearance of benevolence, so as to avoid scrutiny while making those fortunes even bigger. Behind every "build back better" inch of the WEF's "great reset" of theglobal economy is some corporate titan, banking behemoth, power-hungry politician, bureaucratic chieftain, or plain old aristocrat making money or gaining influence from the multitude of secret transactions buttressing the whole philanthropic charade. "Love of humanity" is just for the bumper stickers the WEF can slap on their electric vehicles; "greed" still energizes the secret handshakes of the most powerful when theyget together. They depend upon African slave labor for the mining of "green" raw materials and Chinese slave labor for the manufacturing of "green" technologies while simultaneously smearing as bigots anyone who objects to their open border policies floodingWestern nations with endless cheap labor at home. Predictably, those most responsible for undermining labor groups at home while subsidizing slavery abroad are the same ones who lecture the world on racism, fair wages, and human rights. As with all swindles in which the rich and powerful choose to steal even more from the poor and powerless, the WEF's "altruism" appears quite Mafia-esque. Their agents comeknocking on the doors of businesses around the West with a simple proposition: So, you might not have heard, but there are a lot of bad elements out here that wish to do you harm. The good news is we can offer you protection for as little as fifty percentof your profits. The business-owners, having had no problems turning a profit in the past, at first refuse. I don't think you understand, their new "friends" explain, without us, you could have civil rights groups boycotting your products as racist and transphobic, investment groupsdevaluing your stocks for not pledging ESG commitments, and banks refusing to offer future loans because of your support for "hate" and "misinformation." All our corporate news staff might have to run negative pieces about your business. It would be a shameto see such a nice little business suffer when we are here to help. And how might such assistance be gained? Why, just do as Klaus Schwab's WEF says, do business with our approved banks and vendors, express support for our approved causes, and we will take care of the rest. Hey,we will even get the politicians on our payroll to publicly thank you for saving the world! Stick, meet carrot. They may fly on private jets and forget how many mansions they own, but at the end of the day, the World Economic Forum cabal is just the greatest collectionof thugs organized crime has ever managed to put together in the same room, orchestrating the most effective schemes ever devised to force formerly free peoples to do exactly what they say. It is Cosa Nostra reimagined as "Klaus's thing." In a more just era,anybody attending the WEF's gatherings would be arrested for conspiracy to commit racketeering and fraud. Instead, because the "masters of our future" have invested heavily in the elections of the West's most prominent leaders, presidents, prime ministers,legislators, and even military staffs are only too happy to champion their cause. United Nations Secretary-General Ant�nio Guterres told his WEF audience that the world's economy is in tremendous peril, while failing to point out that it has been the WEF'sown COVID-19 lockdown policies and attempts to use the pandemic as a "great reset" for transitioning the West from hydrocarbon to "green" energies that are responsible for much of the harm. Instead of using the global platform as a chance to issue a much-neededmea culpa to the whole world, the UN chief was more interested in making two other points: (1) there should be legal "accountability" for social media platforms that promote "false information," and (2) politicians should force unpopular policies upon theirpopulations for their own good. In essence, the head of the globalists' preferred international governing body demands that national leaders intentionally disregard the will of their people and implementa system for the criminalization of free speech, so that dissent magically disappears much like a protester in a "re-education" camp. These are the same WEF "elites" who then have the temerity to turn around and preach about "democracy" and "Western values." Of course, Colombian President Gustavo Francisco Petro Urrego had no problem saying the quiet part out loud. Sitting right next to "green" champion Al Gore, Petro Urrego proclaimedthat humanity must "overcome capitalism" if it is to survive. Given that Gore, a member of the WEF Board of Trustees, did not appear to disagree, it seems fair to say that Club Davos finds more to like in an "elite"-controlled version of communism (is thereany other kind?) than a free market system in which ordinary people may thrive. If all this sounds wildly antagonistic to hard-fought Western freedoms prioritizing the protection of individual rights and liberties over indiscriminate intrusions from theState, that is because the World Economic Forum has turned Westerners' priceless Enlightenment inheritance on its head. To coincide with its gathering, the WEF has published a report citing "misinformation and disinformation" among the most significant global"risks." WEF members publicly predict that "hate speech" laws will soon come to the United States � in direct violation of the U.S. Constitution's First Amendment protections for freedom of speech. Calls are growing for tracking and enforcing individual "carbonlimits" in the endless battle against Earth's ever-changing climate. These same authoritarians push digital vaccine passports, contact tracing, mandatory use of experimental "vaccines," and ubiquitous testing. And following the WEF's determination that Westernersshould transition to a diet of bugs, the European Union has now authorized the general consumption of house crickets. Censorship, mass surveillance and bugs � welcome to the future, should the WEF get its way. None of the WEF's expansive programs for remaking the world according to its members' interests sounds like anything that free Westerners could ever voluntarily embrace. Surelythat is why so many of the WEF's speakers urge the forceful adoption of these policies regardless of public support. Perhaps that is also why the Chinese Communist Party recently applauded this year's "Davos spirit." Communists know communism when they seeit, and in Klaus Schwab's globalist oligarchy of "elites," China likes what it sees. -------------------------------- The global Beast�s moral imperative � Bill Wilson � www.dailyjot.com The World Economic Forum�s (WEF) annual meeting in Davos, Switzerland emphasized the �moral imperative� of enacting it�s �collective� (translated: communist) agenda in theareas of climate control, health equity, education, food equity, the metaverse, artificial intelligence and more. This implies that if the 52 heads of state and 2,700 other captains of business, media and nonprofits want to show the world their tremendousmorality, they need to fall in line with the WEF agenda. WEF also goes to great lengths to stress moral and ethical leadership as touted in its �State of Moral Leadership Report.� But in practice the WEF �morality� is more aligned with the antichrist/beastthan anything of God. WEF states: �Human systems can�t function without formal authority, whether it�s the President of the US, a CEO or a school principal, but what makes organizations reallywork is when leaders occupying those formal positions have moral authority too. While formal authority can be seized, won, or bestowed; moral authority must be earned by who you are and how you lead.� And WEF then uses the concept of morality to justify its �stakeholder capitalism� model, which is word-surgery to disguise its goal of global communism. WEF says, �In moral capitalism, you can�t create shared value without shared values; the focus is not on doing the next thing right, but rather doing the next rightthing.� It points to the global handling of COVID as the example. If there ever were a global failure in business ethics and morality it was COVID. All the lofty and esoteric ideals posted on the WEF website, however, cannot hide the true morality of its global membership. COVID mandates and lockdowns were widely supportedand yet these leaders traveled to Davos in private jets. A Daily Jot source with knowledge of the situation said that those piloting the jets had to be unvaccinated because the leaders didn�t want to risk a pilot suffering a heart attack or stroke in flight.Also, once in Davos, sex trafficking and prostitution are not among the moral prohibitions. The German newspaper BILD reported that the demand for prostitutes skyrocketed among the business leaders and their staffs, paying up to $2,700 a night. How�s thatfor morality? The WEF, like any other global initiative, is a counterfeit of God�s creation and plan for humankind. It is satan�s fleeting kingdom, the type and shadow of the end time Beastempire. These movements attempt to replace God with an earthly vision of a utopian society, where government is god. They seek to establish their own brand of morality rather than embrace God�s moral laws. It is the forerunner to the beast of the end timesspoken of in Daniel 7:25, �He shall speak pompous words against the Most High, Shall persecute the saints of the Most High, And shall intend to change times and law. Then the saints shall be given into his hand For a time and times and half a time.� This iswhat WEF will lead to and we should be aware of words like �moral imperative� coming from those who set their own morals apart from God.