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It’s Worse Than Anyone Wants to Admit
The news on July 28 was entirely consumed in the throes of another definition change. What everyone understood is that what it means to be in a recession has been suddenly changed by government edict. It’s not a recession, they say.
Everything is going just great, they say, unless you are among the troglodytes who desire plentiful and low-priced energy, food, housing, and overall human thriving. Once you understand the beautiful world on the other side of the “transition”—to use the favorite word of the White House—you would see this suffering as actually beneficial in the long run.
These broken eggs are making omelets.
We can argue all day about the definition of recession, but it doesn’t take us to the intellectual place we need to be. The bottom line is that what we are experiencing now includes anomalies from previous downturns precisely because it is much worse. Only a few months ago, many worried that we were going back to the 1970s. That box has been checked. Then, we worried we were going back to the 1930s. My fear is that we might wish that were true.
The White House talks about the low technical rate of unemployment without referencing the falling labor participation rates that never recovered from lockdowns because so many people just left the workforce. Millions of previously employed Americans are living off legacy largesse from families or tapping plentiful unemployment benefits just to get by month to month. Real wages and salaries have been slammed, savings rates are sinking, and credit card debt is exploding.
It’s all hard to put in a picture but we can try, nowhere more saliently expressed than the change in real wages and savings, versus savings as a percent of personal income. The stable public data here go back to 1960 and here we see just how shocking these times truly are. Personal savings is half what it typically was from the 1960s through the 1990s, and even as recently as 2012. Real disposable personal income is falling dramatically.
You get a picture of a once-thriving nation being pummeled by pillaging public managers.
Former security chief ‘skeptical’ on timing of al Qaeda leader’s death: ‘Let me throw some cold water on this’
Fred Fleitz, who is the former chief of staff of Trump’s National Security Council and a 19-year veteran of the CIA, is not convinced that President Biden actually succeeded in killing al Qaeda leader Ayman al-Zawahiri in a drone strike in Afghanistan.
Fleitz claims he is “skeptical” that a CIA drone strike took out the terrorist a year after the botched Afghanistan withdrawal. There has been no proof of death yet. Only the bragging over the dispatching of the monster by an administration that has reportedly had to walk back a number of similar claims.
In a strike that appeared to Fleitz to be far too convenient, Zawahiri was said to have been taken out on a balcony outside of Taliban-controlled Kabul by the CIA using a drone, according to multiple reports. Although the Taliban confirmed there was a drone strike, they notably did not confirm that Zawahiri was killed.
When interviewing Fleitz on “Special Report,” Fox News host Bret Baier commented that U.S. intelligence officials have been hunting for Zawahiri for years and have never been able to pin him down. He asked Fleitz what he thought of the claim that Zawahiri was no more.
Zelensky Thanks Biden For Fresh $550M In Military Aid, Claiming Ukraine “Closer To Victory”
Another Monday, and another massive military aid package for Ukraine approved by the Biden administration – this time with a price tag just over half-a-billion dollars.
“The United States is greenlighting another military assistance package to Ukraine, sending $550 million in ammunition for advanced rocket systems and other equipment to the country to fight the Russian invasion,” The Hill reports of the approved transfer. Ukraine’s President Zelensky was quick to thank the White House, curiously adding this brings the Ukrainian forces “closer to victory”.
Thank you @POTUS for your leadership, robust support of 🇺🇦 and understanding that 🇷🇺 is a threat to entire civilized world. Together we are defending values of freedom common to both 🇺🇦 & 🇺🇸. New defense assistance package is bringing us closer to victory
— Володимир Зеленський (@ZelenskyyUa) August 1, 2022
The package is expected to include more ammunition for High Mobility Artillery Rocket Systems, or HIMARS, as well as mortar resupplies, including an estimated 75,000 rounds for 155 mm artillery.
For those keeping count, that’s north of $8 billion in total US assistance to Ukraine spread over the course of 17 packages so far since the February 24 Russian invasion.
Zelensky and his top officials have continued to press for more, and longer-range systems, even as Russia has claimed to have taken out multiple HIMARS systems and rockets in strikes on depots. Kiev has disputes this, and currently it’s believed at least a dozen to 16 HIMARS are active near the front lines based on the latest known Pentagon transfers.
Joe Biden set to double the size of the IRS
At a time of soaring inflation, falling earnings, and shriveling 401(k)s, what should Joe Biden and his Senate Democrats come up with for the beleaguered public in their “Inflation Reduction Act” besides this:
Start with the spending explosion for the Internal Revenue Service that Biden demanded from the start. That is $80 billion to deploy 87,000 new IRS agents. Enough to fill every seat in Nationals Park twice. Enough to fill the Roman Colosseum 1.7 times.
That’s more new IRS agents than the entire combined personnel of all U.S. aircraft carriers.
The bill also gives taxpayer money to the IRS to buy new cars, and more money for IRS “office rent.”
The official IRS watchdog — the Treasury Inspector General for Tax Administration — reports that the IRS already has more cars than it needs. And that the IRS cannot show that its employees are limiting their use of those cars to official business.
That’s from a Daily Caller op-ed written by tax maven Grover Norquist, and the details of it are appalling — an incompetent agency that cannot manage its affairs, has a history of political activity and union cash thrown at Democrats, and now gets more, way more, billions, in a shrinking economy with fewer than 1,000 billionaires for those 87,000 agents to supposedly target as tax cheats.
Anyone believe them when they say they just want billionaires to pay their “fair share”? We all know what they really have in mind: going after small business, the actual engine of economic growth, to ensure that everyone has nothing, and everyone will enjoy it.
Pet Project: BLM Activist Shaun King Used Donor Funds To Buy $40k Thoroughbred Show Dog
Shaun King’s social justice PAC is going to the dogs. Literally.
Grassroots Law PAC, which the progressive grifter founded to elect soft-on-crime local officials, paid roughly $40,000 since December to the California-based Potrero Performance Dogs, according to campaign finance disclosures. The payments are labeled for “contractor services,” making their purpose difficult to discern. But days after a $30,650 payment in February, King welcomed a “new member of the King family”: an award-winning mastiff bred by Potrero named Marz.
King, who has been hounded for years by allegations of fraud, has not been accused of any wrongdoing in relation to Grassroots Law. But the payments for a dog raises questions about whether the former Bernie Sanders surrogate is using PAC contributions the way donors intended.
“This luxury dog expense may not be illegal for a PAC, but it shows little respect for King’s donors,” said Scott Walter, the president of Capital Research Center, which investigates left-wing groups. An heiress of the Hormel meatpacking empire is the PAC’s largest donor. Facebook cofounder Dustin Moskovitz and his wife donated millions of dollars to Real Justice PAC, which King launched in 2018 and works closely with Grassroots Law.
Grassroots Law PAC, which aims to “elect candidates who are committed to reducing mass incarceration and police violence,” has spent nearly as much on King’s pet as it has on political candidates. The PAC has contributed around $56,000 to political candidates since 2021. It paid $10,000 to Potrero in December and another $30,650 on Feb. 16.
King has come under fire over the years amid repeated failures at his various social justice endeavors. The mother of Tamir Rice, a 12-year-old Ohio boy killed by police, said King “robbed” her by holding unauthorized fundraisers in her son’s name. A former King ally, DeRay Mckesson, has publicly accused him of fraud. Real Justice PAC was ordered in December to pay $30,000 to the city of Philadelphia for campaign finance violations in the race to elect District Attorney Larry Krasner (D.).
King has denied allegations of fraud, chalking his failed projects up to poor management or false claims from his enemies. He released an audit in 2019 that said he received a $4,166 monthly salary from Real Justice PAC and “no compensation at all” from Action PAC, the predecessor to Grassroots Law PAC. He said he was “literally the only person” on Action PAC’s staff who does not get paid.
A transhuman biohacker implanted over 50 chips and magnets in her body
Though Anonym has described herself as genderless, she prefers the pronouns she or they.]
At the Grinderfest in 2019, Anonym inserted a little “pirate box” device in her upper right arm.
The “Grindfest”, according to cyborg Rich Lee, “is the kind of event where you can really put things in perspective.” As per Anonym, the event involves watching interesting films, putting together biohacking experiments, and discussing their results.
The “pirate box” was a file-sharing device – a hard drive and WiFi router that creates a local wireless network.
It comprised a facility for USB storage and a WiFi antenna – users could connect to it via their phone or PC, wherein they could download and upload files. “…It was immediately clear this might make an interesting subdermal device,” Anonym wrote on her blog.
Over the next few days, the experimental device was readied to be inserted under human skin – extraneous components were taken out, the battery was replaced with a wireless charging coil, the USB storage was soldered down, and the box was coated with many layers of resin-type stuff to bio proof the device.
According to the blog, after a horizontal incision was carved in her arm, retractors held it open while a ‘pocket big enough to hold the device’ was made. The operation was a success, having used “shitloads of lidocaine”.
Eight months later, in 2020, Anonym revealed that the experiment had failed. She had accidentally whacked her arm on the door of a taxi, which in turn disrupted the area and irritated her skin – Lehpt was admitted to the hospital, where doctors insisted the device be removed.
Despite some lingering nerve damage, the incident did not lower her morale. Her blog cites that she learned a few lessons that included – it was possible to share WiFi from inside yourself, it could be a great way to smuggle data, and its function as a cool way to transfer data has led various people to upload and download content, induction coils can work through the skin to power a device, and that miniaturization is extremely important.
“The coolest implant I’ve had on would be the pirate box,” a self-assured Anonym tells IE.
In all, Anonym has more than 50 chips, magnets, and antennae implanted in her body, bestowing her with powers beyond the usual limit of a human.
US Government Starts New Mexico Wildfire, Tells Victims To Help Pay For Damages
The U.S. government started the largest wildfire in New Mexico’s recorded history this April, but is now asking victims to share in the recovery costs, according to Reuters.
U.S. Forest Service (USFS) officials lost control of two controlled burns in April, destroying 341,000 acres and 432 homes in northeastern New Mexico, according to MSN. President Joe Biden claimed that the federal government would cover “100% of the cost” of the disaster, but the disaster declaration ultimately only covered the cost of debris removal and emergency protective measures, leaving many victims stuck with programs that require buy-in to rebuild their houses and other necessary infrastructure, according to Reuters.
Examples of these programs include the U.S. Department of Agriculture’s (USDA) Natural Resources Conservation Service and the USDA’s Emergency Forest Restoration Program, which require a 25% contribution from the affected landowner, a prohibitively expensive cost for many of the low-income farmers and ranchers in the area, Reuters reports.
Dan Encianis, a rancher from Tierra Monte, just 35 miles northeast of Santa Fe, was originally told by the USDA that he would see “little to no cost” for support to fix the well on his property before being asked to foot 25% of the bill, according to Reuters. Encianias was also told his application would not be processed until September, and work wouldn’t begin for six to 12 months after that.
Larken Rose on resisting tyranny…
Reuters Runs Cover for Dementia Joe and ‘Fact-Checks’ Funny Meme Showing Biden Being Distracted by Ice Cream Truck Music
Reuters actually ‘fact-checked’ a funny meme of Joe Biden getting distracted by ice cream truck music.
Last September Joe and Jill Biden pushed Covid vaccines at Brookland Middle School in Washington DC.
At one point Dementia Joe got distracted by a shiny button and wandered off as Jill Biden was speaking.
Biden shuffled away then made his way back as Jill Biden addressed the school officials.
Twitter users made fun of Joe Biden by adding ice cream truck music to the video of dummy Joe wandering around.
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