Author: TCA

U.S. Government is Corrupt

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The Securities and Exchange Commission has proposed regulations that will allow it to regulate private companies. Where in its mandate is this regulation of private businesses allowed? No where, but thanks to this regulator helping the green new deal types get their way, without the legislature passing a law, they will backdoor into regulating them. This shows what a sham the rule of law is in the country. It is well past time for someone to gut the pig which will kill all of the leaches sucking at its teats.

Our government has become a closed circuit of corruption between members of congress, former members of congress, former military personnel, etc. They were so hell bent to get the outsider, Trump, out before he exposed their Ukraine piggy bank as well as their Chinese one.

Now, This is a Problem

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The most surprising thing this week to me has been the legacy media ignoring the report that Saudi Arabia is talking to China about accepting the yuan for payments of oil. The signal this sends is not good. You might be wondering why this is such a big deal.

Well, the U.S. has printing a significant amount of USD over the past 15 years. This isn’t a Democrat or Republican thing. Both parties have signed on to the large deficits we have incurred since 2008. COVID only exacerbated the issue given the multiple stimulus bills passed by congress. This has led to an expansion of the M2 money supply (something you never hear about).

You might ask why pricing oil in yuan is such a big deal. Well, most oil trades in USD. This creates a significant demand for USD given the volume of trading the happens everyday. This demand for USD allows us to import many things from consumer goods to raw materials. Without this demand, the value of the USD will fall increasing the inflation pressures we feel. The result may be

Over the past 30 years, the management philosophy has been to offshore the labor intensive work. Between the environmentalist pushing businesses to go green and move away from fossil fuels as well as Americans not wanting to do the hard/dirty work, we have become consumers of materials and goods mine, manufactured, etc. from second and third world countries. The COVID pandemic showed what folly this was as global supply chains cracked and U.S. manufacturers had to delay production, reduce staff and take other actions to deal with these delays. Now, with the war in Ukraine hitting us just as supply chains were beginning to heal, you now face accelerating inflation, additional shortages and further delays in manufacturing. Couple this with a tight labor force and accelerating inflation, and you have the making of the stagflation era of the ‘70s returning.

Now, enter the conversation about the yuan replacing the USD for some oil sales. Should that occur and the USD is no longer the sole reserve currency, what would the impact be? I believe you would have a reduction in the value of the USD pushing the price of the goods we import up. To combat this, the reaction would likely be in increase in interest rates to attract investments in USD. This would put pressure on the federal spending available for social programs as a larger percentage of the budget would have to go to interest. The higher interest rates required to offset the increase in M2 money supply we have seen over the past 15 years would certainly drive us into a recession. Without the flexibility to ”stimulate the economy” with “free money” due to the increased rates and a reduction in taxes associated with the recession, the government will likely have to cut domestic spending programs. Given today’s environment, this will lead to civil unrest like never seen in the U.S.

Things Must Be Really Bad For The Establishment: NY Times Finally Admits Hunter Biden’s Laptop is Real

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It must be getting really bad in the halls of the temple of doom (aka Congress). Between inflation, high fuel prices, foreign policy blunders, and other things, the cabal must be getting nervous. I joked before that Biden was elected to serve up to a point at which time he would be taken out. Well, are we at that point?

You are starting to see the media cabal going off script and criticizing Biden. In addition, you have a couple of reporters asking pointed questions and not the normal softballs they have provided up to this point. But, the biggest indicator might be the NY Times finally admitting the Hunter laptop story was real. The New York Post has an editorial covering this. Read the whole thing.

Can We Quit Calling Them and Thinking of Them as “Our Leaders”?

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I was listening to a clip from the Tucker Carlson Tonight show, and one thing really drove me crazy. Tucker kept referring to those in congress and the president as “our leaders”. Now, you might say we have always referred to them that way. Well, perhaps, but it seems there is something a lot more nefarious going on these days.

To say someone leads you infers that they somehow direct you. Our country was never suppose to have elected representatives, a president and certainly not a permanent bureaucracy that commands how we live, act, what products to buy, or what vaccines we are required to take. However, we have seen that change over the course of the COVID crisis, and that portends an entirely different future for our republic.

Not only have those elected officials and unelected bureaucrats infringed on our constitutional rights, but they are no longer even hiding their true agenda: a movement towards an authoritarian type state that they control. Over the past 50 years, we have witnessed a continued infringement by government and bureaucrats into our daily lives. They promise a perfect society praying on those at the lower end of the income scale. They have fractured society into groups in order to collect them into voting blocks in their attempts to control government and our lives.

Can anyone think of anything positive this cabal of government, media and business has produced? I can’t, but I can certainly name things they have destroyed. This would include:

  • Destruction of the value of our currency;
  • Erosion of the family unit;
  • Destruction in the trust in our institutions;
  • Offshoring of our manufacturing base;
  • Allowed for a huge influx of illegal aliens into the country;
  • Destroyed the federal budget process;
  • Made us reliant on other countries for key materials and food;

I could go on and on, but that wouldn’t do anything for us. However, what we can do is to begin holding them accountable for the results of their policies. The first is to begin ridiculing them (Alinsky’s rule) and calling them what they are: LOSERS.

Mitt Calls Tulsi a Liar

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Probably the most feckless of all Republicans calls Tulsi Gabbard a liar due to this tweet:

To this, Mittens responded:

The real issue I have with Mitt’s response is that he should know whether this is true or not and come forth with the receipts (i.e. evidence). IF congress actually prepared a budget as required rather than this drivel called reconciliation, he would know. It would be laid out in an appropriation. However, being part of the in crowd is what Mitt really concerns himself with.

He is an example of why Trump won in 2018. It wasn’t that people liked Trump, but instead, that Trump actually pushed back against the onslaught of the government media complex. If you are in your 40s or 50s, you will recall that Republicans use to run on smaller government/reduced spending platforms. But, that is no more with most actually supporting a larger, more intrusive government…as long as they run it and pick the winners and losers.

Mitt, please do us all a favor, be true to yourself and convert to a Democrat.

The Coming Food Crisis the Media Isn’t Warning You About

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Some have heard about the impact of the Russian invasion of Ukraine, the subsequent enactment of sanctions against Russia, the Russian’s cessation of agricultural exports as a reaction to the sanctions, and what that means for the world’s food supplies. However, the media is not warning people of the potential problem this creates.

Zero Hedge has a concise piece that highlights what that means to the globe. From the piece:

The curtailment of agricultural exports from Russia and Ukraine will have dramatic knock-on effects on global food supplies. Both countries are known as the ‘breadbasket of the world’ and are responsible for a quarter of the international wheat trade, about a fifth of corn, and 12% of all calories traded globally. Another major problem is access to fertilizers, as Russia has banned exports of the nutrients. 

A blogger’s tweet quoted in the piece captures the concerns many of us have:

If our concerns are correct, this will be a long couple of years, and inflation will be the least of our worries.

Digital Dollar. Good or Bad?

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The much touted Biden order on crypto also has the government thinking about issuing a digital dollar through the Fed. Is that a good idea or bad idea?

Let’s take a look at the pros.

First, it would be much easier to create a new dollar virtually rather than printing it and may be more environmentally friendly, one of the hot button topics today. Secondly, with an app the government could easily access people who do not have a bank account and put their benefit payment into their digital wallet allowing for easier implementation of policy. Third, it removes the default risk of intermediary banks given the interaction is with the central bank directly. Finally, having a CBDC (central bank digital currency) will make it more cost effective to transfer money, especially internationally.

While that sounds good, there are a number of draw backs. First, and foremost, are privacy concerns. With the central bank in charge, they (and your government) would have complete control over who can access the blockchain. Say you’re someone in Canada supporting the truckers, the central bank could simply not allow you to access the blockchain to make a donation. The second issue relates to the devaluation of the CBDC. There is no difference other than form between the fiat currency notes and the CBDC. The central bank could simply charge negative interest rates on all of the deposits into the central bank reducing the value of your holdings everyday. This inflation helps the issuing government continuing its disastrous spending levels of today. The third issue would be the destruction of the banking industry. If the central banks are working directly with consumers, I can’t see a rationale reason for an intermediary other than raising the cost of a transaction. The disruption of the financial services industry at the hands of its regulators is the reason the market needs to make this decision and not the government and the hacks at its central bank.

All in all, a CBDC is not the same as a cryptocurrency but is a fiat currency in a digital/controlled world. With the way the government’s of the world have acted during COVID and the Canadian freedom protest, privacy should be the upmost concern. The continued war on cash should show you want they really want: control over what you buy and their ability to use inflation to avoid having to make tough choices.

March 10, 2022

Posted on by TCA

Key stories you might have missed.

Ted Cruz destroys Biden’s lame attempt to blame Russia for the rising gas prices in the U.S.

Voter fraud in the 2020 election cycle. John Solomon’s site Just the News has a roundup.

Inflation continues accelerating.

Biolabs in Ukriane. We deserve the truth about what our government is doing around the world. Glenn Greenwald’s Substack article is a nice summary of what we know.

NY Times National Security Reporter: “J6 was no big deal”

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Project Veritas has done it again. They have Pulitzer Prize winning New York Times correspondent, Matthew Rosenberg, speaking about the events of January 6, 2021, that contradicts his own reporting. Quotes from the undercover interview include:

  • NYT National Security Correspondent, Matthew Rosenberg, contradicts his own January 6 reporting: “There were a ton of FBI informants amongst the people who attacked the Capitol.”
  • Rosenberg: “It was like, me and two other colleagues who were there [January 6] outside and we were just having fun!”
  • Rosenberg: “I know I’m supposed to be traumatized, but like, all these colleagues who were in the [Capitol] building and are like ‘Oh my God it was so scary!’  I’m like, ‘f*ck off!’”
  • Rosenberg: “I’m like come on, it’s not the kind place I can tell someone to man up but I kind of want to be like, ‘dude come on, you were not in any danger.’”
  • Rosenberg: “These f*cking little dweebs who keep going on about their trauma. Shut the f*ck up. They’re f*cking b*tches.”
  • Rosenberg: “They were making too big a deal. They were making this an organized thing that it wasn’t.”
  • Rosenberg RESPONDS: “Will I stand by those comments? Absolutely.”

Now, let’s see if Rosenberg truly stands by those comments.