"We are fast approaching the point where thinking itself is a thought crime!" -- Michael Rivero

Bidgear ad

 

Paradevices

 

A Wienermobile crashed into a vehicle and flipped on its side around lunchtime Monday on a busy Chicago-area highway.

Webmaster addition: And Kamala so wanted that car in her motorcade!

 

Tags: CURRENT EVENTS
Posted on:

Hillary Clinton, who holds a spot in history as the country’s only female presidential nominee from a major party, is now hoping Kamala Harris can do what she couldn’t: defeat Donald Trump and break the “highest, hardest glass ceiling” in American politics.

Clinton, in an op-ed endorsing Harris in the New York Times, says she knows how Vice President Harris can do it this time.

“I know a thing or two about how hard it can be for strong women candidates to fight through the sexism and double standards of American politics,” Clinton wrote, championing Harris — who is now the likely Democratic nominee — as a “a savvy former prosecutor and successful vice president who embodies our faith that America’s best days are still ahead.”

Webmaster addition: 

Tags: POLITICS/ ELECTIONS/ CORRUPTION
Posted on:

The idea for this post comes from the Wall Street Journal article American Borrowers Are on Shakier Ground.

Years of higher inflation and interest rates have left consumers mired in debt, even as overall economy hums.

I dispute the Journal’s statement the “overall economy hums”.

If the economy was humming we would not see charts like I am about to present.

Unexpected Expenses

That chart is from the Federal Reserve Report on the Economic Well-Being of U.S. Households

The report was updated May 21, 2024 but it it only through 2023. Zoomers and younger Millennials are in trouble.

Rot Starts at the Periphery

The Wall Street Journal comments Big Banks and Customers Continue to Feel Pressure From Higher Rates

JPMorgan’s second-quarter profit declined 9% year-over-year to $13.1 billion. That figure excludes one-time items, including a $7.9 billion gain on an exchange of the bank’s shares of Visa.

Credit-card loans rose faster than spending at all three banks, a sign that more borrowers carried over balances month to month.

“When you really dig into what’s happening across different consumers, the folks on the lower end of the wealth or income spectrum are struggling more,” Wells Fargo Chief Financial Officer Mike Santomassimo said on a call with reporters.

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, ECONOMY
Posted on:

Now that the will of primary voters has been discarded and President Joe Biden has been pressured out of the race by the oligarchs and powerbrokers of the Democrat Party, what are the most potent lanes of valid criticism that could make an already deeply unpopular candidate, Vice President Kamala Harris, even less palatable to sensible Americans?

Three major vulnerabilities of this radical and unscrutinized career politician are listed below.

But, first, a quick note on her dismal favorability ratings: According to the latest Civiqs polling, Harris is -22 points underwater on favorable/unfavorable, while Trump is at -12 points. The RealClear Polling averages also show Harris as far less favorably viewed than Trump — with her at -14.2 points and Trump at -10.9 points.

Also, Harris has somehow reached this nomination without enduring real political scrutiny, except for her dismal performance in the 2020 Democratic primaries, when her unpopularity forced her out of the race before she ever faced any voters in actual primary contests.

Tags: POLITICS/ ELECTIONS/ CORRUPTION
Posted on:

Vice President Kamala Harris backs hiking the current 21% federal corporate income tax rate to 35%, higher than socialist Venezuela’s 34% rate.

Vice President Harris’ plan is also significantly higher than President Biden’s proposed plan to hike the corporate rate to 28%. The Harris 35% rate would saddle America with one of the highest corporate income tax rates in the world, ten points higher than Communist China and tied with communist Cuba.

After adding state corporate income taxes, the combined federal-state rate under Harris amounts to about 39%, sticking American employers with a higher tax burden than our competitors and adversaries.

During her previous presidential campaign, then candidate Harris told members of an Iowa roundtable that the corporate tax rate has “got to” be increased.

Webmaster addition: Kamala is pandering to the "tax the rich" crowd, but here is what will happen. As happened in California, corporations will start fleeing the high taxes, thereby actually reducing revenues and increasing unemployment!

Tags: ECONOMY, POLITICS/ ELECTIONS/ CORRUPTION, TAXES
Posted on:

"If folks can put off a purchase they're doing that, but when they do need a car, now more so than a year ago, they're looking for ones that are less expensive because they are having to deal with higher interest rates," said Matt Smith, deputy editor, head of automotive insights at digital auto platform CarGurus. 

Data from Bankrate shows the new auto 60mo average rate most recently peaked at 8%. 

Data from consumer analytics company JD Power shows that in June, new cars sold at a premium versus the manufacturer's suggested retail price were around 16.9%, down from nearly 35% in the same month one year ago. 

Federal Reserve data shows the average amount consumers financed for a new car is around $38.8k, down from $40k in 2022. 

Bank of America economist Stephen Juneau said "rising supplies" and "moderating demand" are some of the reasons why "manufacturers try to get cars off the lot by offering much more attractive deals."

According to Automotive News, dealer inventory has been below 3 million vehicles for over four years. However, that's likely changing, with June data showing inventories climbed to 2.96 million vehicles, or about a 76-day supply, up from 1.95 million one year before.

Even though inventory levels are not back to pre-Covid levels, no dealer wants to sit on many unsold vehicles and will continue offering incentives. If the higher-for-longer interest rate environment continues through the end of the year, this could seriously pressure new auto prices. But as soon as the Federal Reserve begins cutting, which according to rate traders could be as early as September, increased demand will quickly soak up the supply and send prices higher.

Let's not forget there's a perfect storm brewing in the auto market, as the latest data shows auto repossessions are soaring.

Tags: ECONOMY, ENERGY
Posted on:
 
Tags: ASSASSINATION, COVER-UP/ DECEPTIONS/ PROPAGANDA, POLITICS/ ELECTIONS/ CORRUPTION
Posted on:

"Ladies and gentlemen, time is running out. We have to act."

Speaking to a joint session of Congress, Prime Minister Benjamin Netanyahu was somber and his face was smooth. He was possessed of an absolute conviction about his mission.

"Unreconstructed dictatorships ... based on tyranny and intimidation" were terrorizing the Middle East, he warned. "The most dangerous of these regimes is Iran, that has wed a cruel despotism to a fanatic militancy." A nuclear armed Iran would be catastrophic for Israel, the Middle East and "for all of mankind." He urged the international community to isolate Iran, warned that deterrence might not be enough and that time was running out.

It was 1996.

Webmaster addition: 

Tags: IRAN, ISRAEL, POLITICS/ ELECTIONS/ CORRUPTION, WAR/DRAFT/ VETERAN AFFAIRS
Posted on:

Chinese film Biochemical Revelations 731, which delves into the horrific bacteriological experiments conducted by the Japanese army's Kwantung Army Chemical Department, also known as Unit 731, in Northeast China, is said to premiere on July 31 in the Chinese mainland. However, as of Tuesday, no information about the film's release has been found on major Chinese film platforms like Maoyan or Taopiaopiao.

Film experts noted that regardless of when it is released, the film is poised to be another significant medium for exposing the vile acts of Unit 731. The film's potential impact and educational value should not be overlooked. As a medium of communication, Biochemical Revolutions 731 is expected to be an important tool in revealing the actions of Unit 731. 

Media has reported that the film has been meticulously researched and filmed over a decade with the aim of revealing the atrocities committed by the Japanese military through the lens of a small character's life, emphasizing the preciousness of peace and urging viewers to learn from history.

Tags: CHINA/TAIWAN, JAPAN, TORTURE/ WAR CRIMES, WAR/DRAFT/ VETERAN AFFAIRS
Posted on:

Authored by Andrew Phillips via RealClearEnergy,

The rise of AI data centers, growing electrification, and industrial growth is heralding a new era of U.S. power consumption. As our country advances, so too must our power grid. Building new transmission lines can take a significant amount of time and investment. With America’s growing power appetite not slowing down and an increasing need for renewables to meet net-zero targets, interim steps can be taken to ensure continued reliable, affordable electricity to keep pace with our growing economy.

Grid-enhancing technologies (GETs) can promote efforts to increase the capacity, efficiency, reliability, and safety of existing transmission lines. GETs are hardware and/or software that can reduce congestion costs and improve integration of renewables while increasing capacity and reliability. According to the U.S. Department of Energy, GETs can defer or reduce the need for significant investment in new infrastructure projects and increase the use of renewables by maximizing the capacity of the current infrastructure. Power companies are seeking all options for increasing delivery capacity to support energy transition objectives and large demand increases from AI and manufacturing growth. The recent Energy Future Forum, sponsored by RealClearEnergy, underscored the urgency of addressing these challenges (see the video linked above for the part from James Danly, previously Commissioner at FERC, on the subject). 

As DOE noted in its October 2023 “National Transmission Needs Study,” there is a pressing need for additional transmission infrastructure in nearly all regions of the country. Specifically, the study projected regional transmission capacity will need to more than double to 20% by 2035 and interregional capacity will need to grow more than five-fold. According to the study, significant transmission deployment is needed as soon as 2030 in the Plains, Midwest, and Texas regions. By 2040, large deployments will also be needed in the Mountain, Mid-Atlantic, and Southeast regions

 

Tags: COMPUTERS/INTERNET/AI, CURRENT EVENTS, ECONOMY, ENERGY, GULF/OTHER OIL
Posted on:
 
Tags: POLITICS/ ELECTIONS/ CORRUPTION, VOTE FRAUD, WHITE HOUSE
Posted on:

And CBS tells the truth about these monsters

Yes, Israeli snipers target infants

Tags: ISRAEL, PALESTINE, POLITICS/ ELECTIONS/ CORRUPTION, TORTURE/ WAR CRIMES, WAR/DRAFT/ VETERAN AFFAIRS
Posted on:

Authored by Ryan McMaken via The Mises Institute,

President Biden has not been seen in public since announcing he would not seek re-election on Sunday. Biden’s “resignation” was nothing more than a text-only post on Twitter/X—and we know that the president does not manage his own social media accounts. There has been no video of the president making an announcement, and the White House is apparently planning no press conference or official act of any kind. Biden has not been seen by anyone except his inner circle in days.

(We can contrast this situation with Lyndon Johnson’s televised address announcing his withdrawal from the 1968 presidential campaign.) 

This is, in the words of Glenn Greenwald, “strange.” Moreover, Biden’s silence is inexplicable if Biden actually made the decision to withdraw from the race. After all, Greenwald, notes, if Biden is “well enough to decide, then he’s well enough to speak.” Yet, following one of the most important announcements of his political career, Biden has disappeared, and few things could better illustrate how irrelevant Biden now is to the matter of who is actually running the executive branch of the United States government.

(We do have some audio of him speaking on a Monday phone call.) 

A chain of events like this is characteristic of a palace coup—something along the lines of the 1991 August Coup in the Soviet Union, had it succeeded. In such cases, the chief executive is marginalized and replaced at the discretion of high-ranking bureaucrats and elites from within the ruling government itself. 

It’s too early to get many facts about the details of what threats may have been used against Biden to get him to effectively step aside in favor of Kamala Harris.  What we do know, however, is that the president is essentially absent and it is Harris who is conducting public events at the White House

So, who is running the executive branch and the White House?

The fact that Biden himself is clearly not equipped for such a task has been undeniable since his performance at the presidential debate with Donald Trump last month.

Since then, the official gaslighting propaganda about how Biden is “sharp as a tack“ has been exposed as an obvious lie. 

Biden’s lack of any meaningful presence on the public stage does make it clear that someone other than Biden is running the White House, and someone is making decisions about policy. This could be an individual who is the de facto president, or it could be a group of people. If it is a group of people it is unknown if this group if coordinating decisions, of if these people are simply making decisions haphazardly as needed. Joe Biden’s inability to answer even basic questions during the debate makes it clear that Biden is not the one making these decisions, and he’s not equipped to manage the federal bureaucracy in any meaningful sense. 

For example, the White House yesterday released a memorandum further outsourcing the president’s duties to the State Department and the Treasury Department. That is, according to the memo, “the functions and authorities vested in the President by sections ... of the Rebuilding Economic Prosperity and Opportunity for Ukrainians Act” are delegated to technocrats. The president apparently can’t even personally make decisions in areas that the White House calls a priority.

For all the regime’s talk about “democracy,” it is undeniable at this point that the White House is actually run by unseen, unelected personnel who function in the shadows and are accountable only to the elites within their own ruling coalition.

 

Tags: COMPUTERS/INTERNET/AI, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, ECONOMY, POLITICS/ ELECTIONS/ CORRUPTION, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE, WMD
Posted on:

 

A court in Florida has rejected a bid from members of the Pulitzer Prize Board to throw out a case brought against them by former President Donald Trump.

Former President Donald Trump arrives at the 2024 Road to Majority Conference in Washington on June 22, 2024. (Madalina Vasiliu/The Epoch Times)

The board’s statement in 2022 standing behind its awards to several news outlets for reporting on former President Trump’s purported links to Russia is actionable because it is not merely opinion, Florida Circuit Court Judge Robert Pegg ruled on July 20.Defendants withheld valuable information from readers, including the process by which complaints against the awards were evaluated, according to the judge.

In the July 18, 2022, statement, the board said that it “carefully reviewed” complaints against the awards, which were given in 2018 to The New York Times and The Washington Post.

Both reviews were conducted by individuals with no connection to the institutions whose work was under examination, nor any connection to each other,” the board said at the time. “The separate reviews converged in their conclusions: that no passages or headlines, contentions or assertions in any of the winning submissions were discredited by facts that emerged subsequent to the conferral of the prizes.”

The brief statement, though, was not pure opinion because the board failed to identify any of the reviewers, reveal whether the reviewers had any connection to the board, and share the reviewers’ qualifications, Judge Pegg said.

“If the defendants’ statement had included the foregoing facts, an ordinary reader might have been able to evaluate whether they agreed with defendants’ decision not to revoke the prizes, and whether the underlying reporting had actually survived the factual disclosures of several subsequent government investigations unscathed,” the judge wrote. “Instead, the alleged defamatory statement implies no fewer than seven undisclosed sets of foundational facts, making the defendants’ statement actionable mixed opinion.

Under Florida law, people cannot sue over pure opinion.

The board did not respond to a request for comment.

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, WHITE HOUSE
Posted on:
Meet Rambo, The Australian Shepherd Who Doesn't Trust Bridges
Tags: ENTERTAINMENT
Posted on:
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold hits new all-time high of $2,460 in a highly volatile week, and the Bank of Japan pretends it can restore the yen. Gold breaks $2,460 on expectations of a September rate cut Gold has had one of the most volatile weeks in recent memory as it moved in a range of as much as $100. The main story in this volatility, of course, has been the hitting of another all-time high, this time $2,460.
Tags: CURRENT EVENTS, ECONOMY
Posted on:
One comedian asked today if his audience was getting bored from slow-news days. Let’s consider the tumult: Over the weekend, President Joe Biden did what he said he would not do and quit his race for a second term as US president. He also endorsed Kamala Harris for the bid. Overnight millions and millions of mega-donor and celebrity donations poured in for Kamala and for the Democrats in general now that their favorite fossil was out of the race. And that was before they even “started up the fundraising machine.” Just as quickly, all 50 state-level DNC chairs endorsed her, ready to rock with anyone other than the guy who almost is a rock, and major donors are lining up at the telephone to host fundraising events by the hundreds.
Tags: POLITICS/ ELECTIONS/ CORRUPTION
Posted on:
They know that we know that they're laundering money. They also know that nobody will do anything about it. What are you going to do? File a criminal charge through the Joe Biden/Merrick Garland Department of "justice"?
Tags: CURRENT EVENTS
Posted on:

Democrats hope they can just turn the page on Joe Biden by closing rank behind Kamala Harris.

It's not that easy.

The failed coverup of Biden's patently dire condition discredits everyone close to his White House – including his Vice President.

And it's still ongoing.

Biden should resign immediately. Every day he stays in office, Kamala and her West Wing co-conspirators are still complicit.

Tags: COVER-UP/ DECEPTIONS/ PROPAGANDA, POLITICS/ ELECTIONS/ CORRUPTION, WHITE HOUSE
Posted on:

There needs to be an investigation into a possible conspiracy among American political circles and the media to manipulate the public’s perceptions regarding President Joe Biden’s health, Russian Foreign Ministry spokeswoman Maria Zakharova has said.

Biden announced on X (formerly Twitter) that he would not seek re-election in November, less than a month before the Democratic National Convention was scheduled to start in Chicago.

Commenting on his announcement in an interview with Russian media, Zakharova noted that it was highly unusual to have just a screenshot of a letter posted on social media rather than a video or audio statement.

“In the modern world, filled with post-truth and deep fakes, it’s very important to leave no room for speculation,” Zakharova said.

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, POLITICS/ ELECTIONS/ CORRUPTION, RUSSIA/ UKRAINE /BELARUS /CRIMEA, WHITE HOUSE
Posted on:

More details about the bungled security setup at Donald Trump’s recent rally in Butler, Penn., have emerged to suggest that Secret Service stood down and did nothing after being notified that there was an individual with a weapon perched atop the American Glass Research facility just 150 years away from where Trump was speaking.

“KanekoaTheGreat” (@KanekoaTheGreat) tweeted on X that the police officer who confronted shooter Thomas Matthew Crooks, 20, on the roof immediately radioed a “blanket tactical channel” that there was “an individual on the roof with a weapon.” This all happened minutes before Crooks started firing shots at Trump.

The notification to the blanket tactical channel should have alerted everyone on site, including both local law enforcement and Secret Service, that something suspicious was happening, so why did nobody respond by at least getting Trump out of harm’s way?

Tags: ASSASSINATION, COVER-UP/ DECEPTIONS/ PROPAGANDA, POLITICS/ ELECTIONS/ CORRUPTION
Posted on:

The immigration restrictionist website VDARE has announced they're suspending the site within days after 25 years in operation due to relentless lawfare from New York Attorney General Letitia James.

VDARE founder Peter Brimelow made the announcement Tuesday on X. 
 

Tags: CURRENT EVENTS, POLITICS/ ELECTIONS/ CORRUPTION
Posted on:

After a three-year lull, Democrats and the media decided to revive the Black Lives Matter movement one single day after President Biden endorsed Vice President Kamala Harris to replace him. 

Sonya Massey, a 36-year-old black woman with a history of mental illness, was shot by white Illinois deputy Sean Grayson on July 6 after he ordered her to drop a pot of boiling water but she instead appeared to lift it over her head and motioned to throw it at him. 

The video being shared everywhere has her out of frame when she motions as though she is about to throw the pot.

Webmaster addition: George Floyd 2.0!

Tags: POLITICS/ ELECTIONS/ CORRUPTION
Posted on:
The past couple of weeks have truly been historic.  Take a moment and just consider some of the major events that we have witnessed.  Donald Trump got shot, Joe Biden dropped out of the race for president, and Kamala Harris quickly became the new presumptive nominee.  It is hard to remember a time when so much has happened in such a short period of time.  Now more bombshells have dropped, but because so much else is going on they are not getting the attention that they deserve.  The following are 3 major bombshells that everybody should be talking about right now…
Tags: CURRENT EVENTS
Posted on: