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Friday, March 3, 2023

BIDEN UPDATE: 3.4.23 - Lies and makers of lies

 Lies and makers of lies - Bill Wilson – www.dailyjot.com Shocker alert! In a FOX News interview Tuesday, FBI Director Christopher Wray publicly confirmed what many have been saying for three years and the federal government hasbeen denying—that the COVID virus likely originated from a lab in Wuhan, China. Moreover, he admitted in so many words that the virus responsible for the deaths of millions around the world was a bioweapon and that killing people was “precisely what that capabilitywas designed for.” Think about how many people were censored, demonized and marginalized by social media tech firms, the mainstream news media, and the medical and scientific communities for the mere suggestion that this virus didn’t jump from bats at a Chinesemarketplace. Wray told FOX News: “the FBI has folks, agents, professionals, analysts, virologists, microbiologists, etc. who focus specifically on the dangers of biological threats, whichinclude things like novel viruses like COVID and the concerns that, in the wrong hands, some bad guys, a hostile nation-state, a terrorist, a criminal, the threats that those could pose. So, here, you’re talking about a potential leak from a Chinese government-controlledlab that killed millions of Americans, and that’s precisely what that capability was designed for. I should add that our work related to this continues, and there are not a whole lot of details I can share that aren’t classified. I will just make the observationthat the Chinese government, it seems to me, has been doing its best to try to thwart and obfuscate the work here…and that’s unfortunate for everybody.” “Unfortunate for everybody,” really? It was genocide. But the FBI also was involved in suppressing the China lab leak story, as was it responsible for suppressing the HunterBiden laptop story that implicates the current president and his family in using government positions to enrich themselves. But then again, the FBI also was complicit in promoting the false claims that former President Donald Trump was compromised by the Russians,while his opponent Hillary Clinton peddled her position as Secretary of State to enrich the Clinton Foundation and her campaign chairman John Podesta. The FBI seems to be at the center of a lot of lies. So now, after all this time and so many Americans deador injured because of COVID, the FBI comes clean on Wuhan? What gives? The dam of lies is being broken by truth seekers. Government, and the science, medical, and media communities have lied to the American people and these lies have been deadly to the citizens the government is constitutionallyrequired to protect. Moreover, many people have been deceived by believing these lies. As Christ said in John 8:43-44, “Why do you not understand My speech? Because you are not able to listen to My word. You are of your father the devil, and the desires ofyour father you want to do. He was a murderer from the beginning, and does not stand in the truth, because there is no truth in him. When he speaks a lie, he speaks from his own resources, for he is a liar and the father of it.” Not measuring what these deceiverssay the truth of God’s Word is…say it with me…Stupidocrisy. -------------------------------------- From Concerning to Terrifying: 7 Horrible Milestones for The Federal Budget � Preston Brashers - https://www.prophecynewswatch.com/article.cfm?recent_news_id=5934 A character in Ernest Hemingway's first novel, "The Sun Also Rises," explains how he went bankrupt: "Gradually and then suddenly." Americans who have fallen deep into credit card debt or had to rely on high-interest, payday loans probably can relate. As a borrower's debt mounts and his credit score is downgraded, creditors demand higher and higher interest rates for additional lending. It's like you're gradually driftingdown the river and as you approach the rapids ahead, the current suddenly accelerates. The Congressional Budget Office's annual budget outlook shows that when it comes to the nation's finances, the current is starting to pick up. The budget office--commonly known as the CBO--can't predict exactly how long we have before we hit the rapids or go over the falls. But the CBO report offers a clear warningthat it's time to do the hard work of rowing back upstream. If the federal government keeps going with the flow, at some point we're in for a painful plunge in the form of a catastrophic debt or financial crisis. When it becomes clear that the nation's debt is spiraling out of control with no plans to turn things around, investors eventually will lose faith in U.S. debt as a safe asset.Ever higher interest rates will be necessary to entice investors, drowning the nation's finances and the economy under a sea of debt. What follows are seven eye-poppingly alarming budget milestones that CBO says await us under the hopeful assumption that interest rates remain basically unchanged over 30years. Since the start of the pandemic, CBO's interest rate assumptions have been optimistic at best; last year, the agency underestimated interest costs for fiscal year 2022 by$76 billion. If interest rates continue to spike, things will go south much more quickly than CBO's latest forecast suggests. 2023: Forecast Interest Payments Jump 45% One of the most troubling things about the latest Congressional Budget Office forecast on President Joe Biden's watch is how much the budget situation has deteriorated comparedto last year's forecast, released in May. Last year, CBO projected that 2023 net interest payments would total $442 billion. It's been less than a year, and now CBO expects that annual interest payments for 2023 willbe about $200 billion higher, at $640 billion. That 45% correction is mostly the result of rapidly rising interest rates since last year. Even if interest rates rise no further than they already have--which CBO optimistically forecasts--net interest payments would continue to soar because over time a growingshare of currently outstanding Treasurys (securities sold by the federal government to investors) must be issued at the new high rates. 2026: Americans Face Across-the-Board Tax Hikes The Congressional Budget Office assumes that the scheduled expiration of the 2017 Tax Cuts and Jobs Act will occur, and beginning Jan. 1, 2026, Americans across all incomegroups will face a multitrillion-dollar tax increase. Tax rates would rise on individuals across the board, and the standard deduction would be cut in half. The looming tax hike would be painful for American families who already are being squeezed economically. But it wouldn't meaningfully improve America's debt situation. Our overspending would continue plunging us toward a debt crisis, as the CBO milestones below demonstrate. However, we'd enter the debt crisis more overtaxed and economicallyweakened. Our fiscal problems can't be solved with more taxes. 2027: Debt's Portion of GDP Triples in 20 Years The Congressional Budget Office report also shows that the federal debt held by the public will rise to roughly 105% of gross domestic product in 2027. That means the debt will be about three times larger as a share of the economy than it was in 2007, when the debt-to-GDP ratio was a "mere" 35% of GDP. Over that 20-year period,the debt will have grown about eight times faster than the economy. 2028: Annual Interest on Debt Hits $1 Trillion, Surpassing Defense Spending Annual net interest payments, which totaled $352 billion in 2021, will soar to about $1 trillion in 2028, according to the Congressional Budget Office. For the first time, the government will spend more on interest payments--a whopping 13% of federal outlays--than on the nation's defense. In fact, the government will spend more as a share of the overall economy on interest payments to service the debt (3.1%) than was spent on the entire federal government acentury before (3%). By this point, Social Security, Medicare, and net interest will consume 52% of federal outlays, leaving lawmakers with a difficult path to fiscal sustainability. 2032-2033: Medicare, Social Security Become Insolvent The Social Security trust fund will be fully depleted in 2032, according to the Congressional Budget Office. Once the Social Security trust fund is exhausted, if lawmakers do nothing, beneficiaries would face 23% across-the-board cuts in benefits. Similarly, CBO projects that the Medicare Hospital Insurance trust fund will be exhausted in 2033. In separate forecasts, the trustees of the Social Security and Medicare trust funds estimate that the programs will reach insolvency in 2034 and 2028, respectively. 2046: Debt Hits $100 Trillion Based on the CBO report, debt held by the public will pass the $100 trillion mark in 2046. In nominal terms, that's more than four times the size of the current debt and roughly as large as the entire world economy in 2022. 2053: Each Household's Share of Debt Reaches $1 Million The Congressional Budget Office projects that the national debt will soar to $155 trillion in 2053, putting the debt per household at a staggering $1 million. If America falls this far, it would cease to be a nation. Federal outlays--to say nothing of state and local government spending--would exceed 30% of the economy in 2053,according to CBO. Our children and grandchildren would carry the unbearable burden of the debts we are laying at their feet. With $6 trillion of annual interest payments on the debt, they wouldfall further and further behind as the national debt grows by $9 trillion per year and accelerates. CBO's budget outlook unmistakably shows we're on an unsustainable path. Investors--whether domestic or foreign--can't be expected to buy up Treasury securities to the tuneof $1 million per U.S. household. No rational investors--let alone enough to cover $155 trillion of debt--would consider Treasury securities to be a sound investment unless they had sky-high interest ratesto compensate them for the risk. Why Another 'Clean' Increase in Debt Ceiling Would Be Reckless The United States is running up against its current statutory debt limit. For the Treasury to go on accumulating debt beyond this summer, Congress would have to approve ahigher debt ceiling. Before agreeing to an increase in the debt ceiling, the GOP-led House of Representatives wants to secure some spending cuts or budget reforms to begin the process of gettingthe nation's finances back on track. The White House has said it will accept only a "clean" debt ceiling increase with no spending cuts attached. Biden claims that conditioning the debt ceiling increase on spendingreforms is reckless, saying, "I'm not going to get into the reckless threats that take the economy hostage in order to force an agenda that's going to only limit American workers and weaken us internationally." That thinking couldn't be more backward. Since Biden took office in January 2021, lawmakers have brought us closer to the edge, setting us on course to smash previous expectations for the budget deficit by an incredible$6 trillion over 10 years. Talk about reckless. The only thing that will stop us from going over the cliff eventually is if lawmakers get serious about cutting spending before it's too late. The only responsible actionis to reverse course. ----------------------------- The Number of Beef Cows In The U.S. Drops To The Lowest Level Since 1962 As The Global Food Crisis Intensifies - by Michael Snyder - http://theeconomiccollapseblog.com/the-number-of-beef-cows-in-the-u-s-drops-to-the-lowest-level-since-1962-as-the-global-food-crisis-intensifies/ Americans need to be prepared to eat a lot less beef, because the size of the national cattle herd is steadily shrinking. And of course this is happening in the context ofa much larger crisis. As I detailed in a previous article, even CNN is admitting that we are currently in the midst of �the worst food crisis in modern history�. But even though children are literally dropping dead from starvation on the other side of theplanet, a lot of people here in the United States refuse to take this crisis seriously. As long as their stomachs are full they think that everything is just fine. But the truth is that conditions are also starting to get tight here in the United States. According to the latest biannual report from the USDA, the number of beef cows in this country has fallen to the lowest level since 1962� The USDA�s biannual cattle report showed that, as of Jan. 1, 2023, there is a 89.3 million head inventory � which is three percent lower than the total from a year ago andthe lowest since 2015. Of that number, 38.3 million cows and heifers have calved. Additionally, there are 28.9 million beef cows, which are those explicitly bred for slaughter and meat sales, as of the start of this year � which is down nearly four percentfrom last year and the lowest the agency has recorded since 1962. In 1962, 184 million people lived in the United States. Today, that number has risen to 331 million. So we have a problem. But even though beef prices have been soaring, most Americans don�t realize the gravity of this shortage yet because we are still eating cattle that were slaughtered sometime ago. And according to livestock economist Kenny Burdine, �cattle production�s downward trend does not seem like it will reverse in 2023�� University of Kentucky�s Kenny Burdine and James Mitchell, extension livestock economist for the University of Arkansas System Division of Agriculture, recently explainedthat �There was no question that the beef cow herd had gotten smaller� and that the cattle production�s downward trend does not seem like it will reverse in 2023.� �There is a pretty substantial biological lag in the beef supply chain,� Mitchell noted. �What consumers experience at the grocery store is a product of what cattle producerswere going through a year or two ago. It takes about two years for a new calf to become the steak on your dinner plate.� The corporate media is already calling beef �a luxury meat�, and prices are inevitably going to go a lot higher in the months ahead. So if you love beef, you should stock up now. Meanwhile, food shortages continue to intensify all over the globe. In Yemen, literally millions of children �suffer from acute malnutrition� at this point� The Global Hunger Index currently ranks Yemen the worst in the world for level of hunger. Millions of Yemeni children, in some areas as many as 95% according to doctors inthose areas that I spoke to, suffer from acute malnutrition. The resulting stunted physical development had me convinced that I was in a kindergarten classroom when in fact I was meeting with eight and nine-year-olds. And those childrenwere, as a colleague unnervingly put it, �the lucky ones.� In North Korea, ordinary citizens are �reportedly dropping dead on the streets every day� due to the severe famine that is taking place in that nation� THIS is the moment Kim Jong-un and his cronies gorged on popcorn and champagne as North Korea faces the worst famine in three decades. Stockpiles of food are dwindling fast in the secretive state, and dozens of malnourished North Koreans are reportedly dropping dead on the streets every day. In Somalia, the �longest and most severe� drought in that country�s history has produced unprecedented suffering� About 1.3 million people, 80 percent women and children, have been internally displaced in Somalia by the drought sweeping the Horn of Africa. After five consecutive poorrainy seasons, the ongoing drought has already become the longest and most severe in Somalia�s recent history. Close to 23 million people are thought to be highly food insecure in Somalia, Ethiopia and Kenya, according to a food security working group chaired by the UN Food and AgricultureOrganization and the regional Intergovernmental Authority on Development. Sadly, most of us in the western world don�t care about poor people on the other side of the globe. So let me give you an example from the western world. In the UK, the largest supermarkets are now strictly rationing many fruits and vegetables� The UK�s largest supermarket, Tesco, and discounter Aldi have said they are putting limits of three per customer on sales of tomatoes, peppers and cucumbers. Asda has capped sales of lettuces, salad bags, broccoli, cauliflowers and raspberry punnets to three per customer, along with tomatoes, peppers and cucumbers. And Morrisons has set limits of two on cucumbers, tomatoes, lettuces and peppers. And it is being reported that approximately 22 percent of all British households �skipped meals or even fasted for a whole day in January�� A British NGO has warned that as many as four million children are now in food poverty amid the ongoing cost-of-living crisis. The survey on behalf of the Food Foundation, an NGO which promotes healthy eating, found that 22 percent households said they had skipped meals or even fasted for a wholeday in January this year, an increase on the 12 percent reporting the same at the start of last year. This is really happening. But it can be really easy for those that still have plenty of food to turn a blind eye to the suffering of others. Sadly, this is just the beginning. As I prove in my new book, global food production will drop precipitously in the years ahead no matter what our leaders do now. We are running out of top soil, fertilizer supplies will become insanely tight in the years ahead, and trillions of extremely small particles of plastic are literally rainingout of the sky on farms all over the planet. Many of our leaders understand what is going to happen, but they don�t want to alarm the general public. Those that are wise will see what is happening and will get prepared. Unfortunately, most of the population continues to assume that everything will magically work out just fine somehow, and so they will not be ready for the horrors that areahead of us. --------------------------------

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