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U.S. Billionaire Wealth Rises 40%, Up $1.1 Trillion, Since March 2020

As we have continued to document, Central Bank “responses” to the Covid pandemic have done little for lower and middle class Americans and continue to disproportionately enrich the already wealthy. 

Further evidence of how the Fed’s flawed policies work, in action, came from the Institute for Policy studies and Americans For Tax Fairness, who yesterday issued a press release noting that 10 months into the Covid crisis, America’s billionaires have seen their wealth rise 40%, or $1.1 trillion. 

Using March 18th as a starting point for the pandemic, the release offers up similar stunning numbers to those that we have been covering since 2020. 

“Not much has changed for America’s billionaires in the midst of the crisis—except the further swelling of their bank balances,” the release says. “The combined fortune of the nation’s 660 billionaires as of Monday, January 18, 2021 was $4.1 trillion, up 38.6% from their collective net worth of just under $3 trillion on March 18, 2020, the rough start of the pandemic.”

“At $4.1 trillion, the total wealth of America’s 660 billionaires is two-thirds higher than the $2.4 trillion in total wealth held by the bottom half of the population, 165 million Americans,” the release notes.

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Wisconsin Vaccine Saboteur Steven Brandenburg Is a Flat-Earther, FBI Document Reveals

The Wisconsin pharmacist who intentionally sabotaged hundreds of doses of the Moderna coronavirus vaccine because he thought COVID-19 was a hoax, also believes the earth is flat and the sky is actually a “shield put up by the Government to prevent individuals from seeing God.”

That’s according to a newly-unsealed FBI search warrant application obtained by The Daily Beast, which the bureau filed earlier this month requesting permission to analyze an iPhone, a laptop, and a thumb drive seized from Steven Brandenburg when he was arrested in late December.

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Tennessee Cops Arrest Man For Posting Photoshopped Picture of Men Urinating on Dead Officer’s Grave

Tennessee law enforcement arrested a man last week for posting a photoshopped picture of two men urinating on a dead police officer’s grave.

The Dickson County Sheriff’s Office, following an investigation by the Tennessee Bureau of Investigation (TBI), arrested and charged Joshua Garton with harassment after Garton posted a picture to Facebook that appeared to show two men desecrating the tombstone of Sgt. Daniel Baker, who was shot and killed on duty in 2018. Garton was held on a $76,000 bond.

“Agents subsequently visited Baker’s gravesite this morning and determined the photograph was digitally manufactured,” a TBI press release says. The agency launched the investigation at the request of 23rd District Attorney General Ray Crouch.

While the picture was in poor taste, constitutional experts say law enforcement violated Garton’s First Amendment rights by arresting him for the image.

“The First Amendment clearly and unmistakably protects this man’s right to post an offensive photo about a police officer,” says Daniel Horwitz, a Nashville civil rights attorney. “The only people who broke the law here were the police officers and TBI agents who participated in this flagrantly unconstitutional arrest.”

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Gas Taxes May Soon Increase. Here’s Why That’s Especially Bad News for the Poor and Middle Class

The question is not whether we need better transportation infrastructure, it’s how to pay for it. And an increase to the federal gas tax should be out of the question.

Gas taxes (both those imposed federally or at the state level) are regressive. Regressive tax structures are those that, when applied uniformly, take a larger percentage of income from low earners than high earners. A progressive tax, in contrast, is one that takes a larger percentage of income from high earners than others.

The liberal-leaning Massachusetts Budget and Policy Center reports that gas taxes hit low and moderate income earners the hardest, especially those who live in rural areas and may drive long-distances for basic supplies.

The impact of this tax on the poor and middle income earners is not negligible. For the vast majority of Americans, transportation is an essential good that ensures they can get to work, take their kids to school, go to the doctor, or convene with their bodies of faith.

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Biden Signs Executive Order To Ban The Term ‘China Virus’

The White House website confirms that Biden signed this EO.

CBS News reported ‘Biden to address racism toward Asian Americans during pandemic with executive action’.

The report notes that “The Biden executive order is also expected to direct federal agencies like the Department of Health and Human Services (HHS) to examine whether there are xenophobic references like “China virus” in any existing policies, directives or government websites published by the Trump administration.”

NBC News lists all the executive actions Biden has instigated thus far, with the last being the ban on the term ‘China Virus’. The report notes that “additionally, the order directed the attorney general to work to prevent discrimination and hate crimes.”

Given that literally anything is now being touted as a ‘hate crime’, that could mean banning or canceling absolutely everyone and everything.

As we noted earlier, Biden admitted back in October that anyone who legislates by executive order should be considered ‘a dictator’.

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