The Inflation Clock: A Ticking Time Bomb
At the moment, our national debt exceeds $28 TRILLION — about 80% held as public debt and the rest as intragovernmental debt. That is $225,000 per taxpayer. Federal annual spending this year is almost $8 trillion, and more than half of that is deficit spending — piling on the national debt.
If that sounds like a big number, it isn’t the real number. Fact is, the total debt, including unfunded debt (Medicare, Medicaid, pensions, and the 600-pound Social Security gorilla), is estimated at more than $132 TRILLION, or about $850,000 per taxpayer.
Now do you feel better about the mere $28 trillion national debt?
For the record, the last time U.S. debt was completely paid up was in 1835, when President Andrew Jackson insisted the entire debt be paid. socialist/scumbag/liar-Joe Biden has promised to get Jackson off the $20 bill and replace him with Harriet Tubman, one of my personal historic heroes. I would suggest replacing the penny’s embossment of that racist Abe Lincoln with Jackson’s profile, because a penny is about the buying power that a Jackson $20 bill is going to have if somebody does not say, “Enough.”
But does anybody really care?
Bolstering the economy against the devastating impact of the ChiCom Virus pandemic raised our national debt by almost 30%. The great irony, of course, is that China created the virus, which may have been intentionally released, and the biggest beneficiary of the impact on the rest of the world was Red China. (Oh, and another irony: The second-largest foreign holder of U.S. debt is … Red China.)
The good news at the moment is that the U.S. economy is resilient and robust and recovering, and there is a bigger surge in pent-up, post-pandemic economic activity coming.
That is precisely why socialist/scumbag/liar-Biden’s $2 trillion so-called “infrastructure plan,” 95% of which is funding leftist political agenda wish lists, should end up on a legislative trash heap. (Spoiler alert: It won’t.) Of course, that’s Part 1 of socialist/scumbag/liar-Biden’s big spending bonanza. Part 2 will be another $2 trillion plan coming soon.
For years, I have argued that the only way to reduce the national debt in real dollars is to deflate the cost of that debt by way of inflation. Is that the big macro-economic plan? Assuming economics is an actual “science,” maybe.
But here is what I can tell you, and you can take this to the bank. As soon as the socialist/scumbag/liar-Biden/ lowlife/liar-Harris regime was inaugurated, the inflation warning bells started ringing. It turns out that debt accumulation does matter.
The Consumer Price Index, a cross-section measure of inflation on consumer products, rose 0.6% in March — much higher than expected and the biggest jump since August 2012. But the CPI has some big holes in what it measures, and the real CPI is higher. The immediate impact is being felt in bigger grocery bills. Of course, Biden’s plan to “tax businesses” is a consumer tax that will also show up in consumer goods and services.
I have personally noted an increase in the incidence of concealing inflation, as producers are putting less product in the same size packaging.
At the moment, a greater peril and more imminent threat to the U.S. is the dramatic increase in Chinese and Russian aggression globally — the direct result of replacing Donald Trump with President Post Turtle. But inflation, Jimmy Carter style, is on our near horizon. ~The Patriot Post
Russia’s Bounty Was Fake News
When The New York Times dropped its “bombshell” story back in June of last year claiming that U.S. intelligence officials “have concluded that a Russian military-intelligence unit secretly offered bounties to Taliban-linked militants for killing coalition forces in Afghanistan,” we were skeptical, believing that it was a political hit piece on President Donald Trump. Before long, we concluded that it was entirely bogus. Well, that assessment has been confirmed to be spot on.
On Thursday, NBC News reported, “Remember those Russian bounties for dead U.S. troops? socialist/ scumbag/liar-Biden admin says the CIA intel is not conclusive.” Yeah, well, it wasn’t conclusive back when the politically timed anti-Trump hit piece was originally dropped, yet that didn’t stop Leftmedia talking heads, Democrats lawmakers, and then-candidate Joe Biden at the Democratic National Convention from baselessly asserting that Trump had “turned a blind eye to Russian bounties on the heads of American soldiers.”
When Trump denied in an interview of having been briefed on or having any knowledge of the unverified intelligence, The Washington Post claimed, without evidence, that he was lying and awarded him four Pinocchios. Yet even after this latest report that actually corroborates Trump’s account, the Post still insists that Trump was lying about not receiving the reports. It seems the paper is peddling more fake news to save face over its original hatchet job of a “fact-check.”
So, the question naturally arises: Why is the socialist/ scumbag/liar-Biden administration raising this issue now and effectively debunking Biden’s own bogus campaign narrative? The answer has everything to do with socialist/scumbag/liar-Biden’s about-face on pulling troops from Afghanistan and ending America’s longest war. Team socialist/scumbag/liar-Biden doesn’t want anything getting in the way of Joe being able to claim credit for ending the Afghanistan war come September 11. They can’t have their old “Russian bounties” story, which socialist/scumbag/liar-Biden used to blast Trump for supposedly failing to confront Russia, hanging around as he claims credit for ending the war in Afghanistan. Thus, the fake news has been quickly and quietly put to bed, ruled by U.S. intelligence as “inconclusive” because it always was.
Never mind that the real scandal in all this is how socialist/scumbag/liar-Biden and the Leftmedia colluded to peddle a fake scandal, disingenuously claiming concern over the welfare of American troops while using those same troops as political fodder to attack the then-commander-in-chief. It was especially despicable and disgusting because they knew it was all fake, and they only “came clean” when it was far too late to matter. ~The Patriot Post
Revisionist History on Afghanistan
President socialist/scumbag/liar-Joe Biden is not an honest man. Despite his totally unearned reputation for being a straight shooter, he has a long history of telling lies both big and small. So to those of us who already knew this, it came as little surprise to hear Biden rewriting history regarding Osama bin Laden and his Afghanistan withdrawal.
In targeting September 11 for withdrawal, socialist/ scumbag/liar-Biden chose symbolism over substance. But he’s also guilty of a subtle attempt to claim credit for something someone else did. (Where have we heard that before?)
“I said, among — with others, we’d follow Osama bin Laden to the gates of hell if need be,” socialist/scumbag/ liar-Biden boasted in his remarks announcing withdrawal. “That’s exactly what we did, and we got him. It took us close to 10 years to put President [Barack] scumbag/liar-nObama’s commitment to — into form. And that’s exactly what happened; Osama bin Laden was gone. That was 10 years ago. Think about that. We delivered justice to bin Laden a decade ago, and we’ve stayed in Afghanistan for a decade since. Since then, our reasons for remaining in Afghanistan are becoming increasingly unclear, even as the terrorist threat that we went to fight evolved.”
First of all, it was President George W. Bush’s commitment to get bin Laden, and scumbag/liar-nObama got it right on keeping it. socialist/scumbag/liar-Biden, however, did not.
“ socialist/scumbag/liar-Joe weighed in against the raid,” writes no less than scumbag/liar-nObama himself in his third memoir, A Promised Land. socialist/scumbag/liar-Biden himself once recounted that he told his boss, “Don’t go,” though he ultimately supported the decision to send the Navy SEALs on the raid.
The point here is that socialist/scumbag/liar-Biden is using something he opposed to justify his current decision. And, as former Defense Secretary Robert Gates wrote in his own memoir, “I think he has been wrong on nearly every major foreign policy and national security issue over the past four decades.”
Speaking of revisionist history on Afghanistan, there’s one more Washington liar on stage left. House Speaker scumbag/liar-Nancy Pelosi on Wednesday praised socialist/scumbag/liar-Biden for his “timeline for the safe, strategic and orderly departure of American troops from Afghanistan.” She even referenced his highly politicized choice of 9/11 as a withdrawal date, saying, “As we mark twenty years since the tragedy of September 11, we look forward to welcoming our heroic troops back to American shores safely as soon as possible.”
Well, we’re old enough to remember all the way back in November 2020, when scumbag/liar-Pelosi slammed President Donald Trump’s decision to withdraw troops from Afghanistan. “This hasty withdrawal does not appear to have a strategic plan that adequately anticipates contingencies.” Moreover, she warned, “We can ill afford to lose the hard-won gains … in Afghanistan.”
Oh what a difference the (D) after the president’s name makes.
Besides the actual enemy, one of the biggest struggles in the wars in Afghanistan and Iraq has always been the shifting political sands here at home as Democrats regularly reverse positions. Perhaps no one typified this flip-flopping better than hanoi-John Kerry, who once infamously said of a supplemental bill funding the two wars, “I actually did vote for the $87 billion before I voted against it.”
After 9/11, Democrats were for American national security before they were against it. Ever since the 2004 presidential campaign ramped up with hanoi-Kerry trying to oust Bush, Democrats have been all over the map regarding American wars. socialist/scumbag/liar-Biden and scumbag/liar-Pelosi are just continuing that not-so-proud tradition without much thought for actual national security or objectives. ~The Patriot Post
The Leftist Vision for the U.S. Senate
Not only are Democrats pushing to pack the U.S. Supreme Court and seeking to kill the filibuster, but they’re also looking to expand the number of Democrat senators in Congress by giving statehood to Washington, DC, and Puerto Rico.
This isn’t the first attempt to undermine the Senate.
Beginning in 1781, U.S. senators were elected by their respective stage legislatures. This critical mechanism allowed states to check the power of their representatives and recall those who did not serve the interests of the states and their citizens.
The Senate was designed to be a serious, deliberative body. Political flare-ups and calls for immediate change were to be tempered by leaders who engaged in thoughtful debates.
But in 1913, states ratified the 17th Amendment to the Constitution, resulting in the popular-vote election of senators. Now, senators can ignore the interests of their states and appeal directly to the masses, thwarting the authority and the influence of their own state governments.
As James Madison considers in Federalist 63, “The cool and deliberate sense of the community ought, in all governments, and actually will, in all free governments, ultimately prevail over the views of its rulers; so there are particular moments in public affairs when the people, stimulated by some irregular passion, or some illicit advantage, or misled by the artful misrepresentations of interested men, may call for measures which they themselves will afterwards be the most ready to lament and condemn.”
Today, we have a Senate that preys on the fears and passions of the public and uses them to keep “interested men” in power for decades. Instead of operating in the particular interests of each state, the direct elections of senators created a national body influenced by political factions and interest groups.
But that’s not enough. The Left has long been troubled by the fact that each state has two senators. That was, of course, the Founders’ design to prevent large states from running roughshod over small ones. New York and California cannot dominate Iowa and Vermont in the Senate.
During the 1787 Philadelphia Convention, “delegates from the larger states, especially in the South, wanted Senate seats apportioned according to population,” the editorial board of The Wall Street Journal reminds us. “They were outvoted, as smaller states like New Jersey didn’t want to forfeit their influence in the new federal government the Constitution created. The large states’ size would be reflected in the House of Representatives. This Great Compromise was essential to the Constitution’s ratification.”
The current scheme to expand the number of senators is specifically designed to transform the Senate into an unstoppable Democrat political machine.
The Journal’s editors add, “The enduring influence and legitimacy of America’s legislative upper house has long distinguished the U.S. from many less stable democracies. But a new majoritarian ideology threatens to upend that achievement.”
Make no mistake: This is purely a power grab intended to eliminate any opposition to the Left’s agenda.
Democrats couldn’t care less about giving representation to residents of DC or Puerto Rico. They want to move four steps closer to a filibuster-proof majority.
It’s no wonder the U.S. Senate has been in the crosshairs of Democrats since the 19th century. It was the one political body specifically designed to control ruthless politicians from exercising raw power for their own self-interests.
Now, those power-hungry politicians are prepared to deal a final blow to one of the world’s great institutions.
~The Patriot Post
Stop Resisting Arrest
Welcome to Minnesota. Again. “The Land of 10,000 Lakes” has managed to start our spring season with yet another chain of “racial” events. Another young, unarmed black male has been fatally shot by a police officer. If it sounds like I’m cynical, it’s because I am numb to this melanin media madness. This police shooting began with yet another traffic stop for a minor infraction but escalated to resisting police.
The man, Daunte Wright, 20, who died Sunday after a run-in with police in a suburb of Minneapolis, was driving an SUV with expired license plates. Wright also violated a Minnesota law that forbids drivers from hanging air fresheners and other items from their rearview mirrors.
“He was pulled over for having an expired registration on the vehicle,” Brooklyn Center Police Chief Tim Gannon said Monday. “When the officer went over, an item hanging from the rearview mirror was spotted.”
It was after that, Gannon said, that the officers discovered a “gross misdemeanor warrant” for Wright’s arrest had been issued.
Brooklyn Center Mayor Mike Elliott, who is black, said the shooting of Wright was “heartbreaking, unfathomable.” He added, “Our hearts are aching right now, we are in pain right now, and we recognize this couldn’t happen at a worse time right now.”
Mayor Elliot went on to say, “In this country, if you’re black and you get pulled over by the police, you have a very much higher chance of being dead just because you’re black, and just because you’re encountering police. That is a fact we have to all wrestle with. We’ve seen this far too many times where a young black man or woman is pulled over by police or encounters police and they end up dead. People protesting are asking when will this stop.”
This is complete foolishness and utterly irresponsible rhetoric from the mayor of Brooklyn Center. I have worked with juveniles over the years and they hate three things: their fathers, the police, and all authority. What Mayor Elliot should have been saying was, “In this country, if you’re pulled over and resisting arrest by the police, you have a much higher chance of being killed just because you’re noncompliant, and just because you’re disobedient to police orders.”
Another police shooting involving yet another race-bait narrative of a wannabe thug used to demean the authority of police. I have three sons and I train my boys to obey me and all authority including teachers, pastors, principals, and the police. This is setting them up for success, not blatant failure. Make Fatherhood Great Again! What if all dads would teach their boys how to obey and comply with authority? If black males want to stay alive with the police, stop resisting arrest! ~The Patriot Post
socialist/scumbag/liar-Biden’s Fabled Bipartisanship
I haven’t seen much humor in life during the past year or so, but one thing that has been uproariously hilarious lately is the orchestrated media narrative that President socialist/scumbag/liar-Joe Biden is bipartisan and conciliatory. Please give me a moment to catch my breath.
I think it was Karl Rove who recently observed that the media’s effective definition of bipartisan legislation is not that significant numbers of both parties’ lawmakers support a bill but that some poll somewhere shows that a large percentage of Americans of each party support some vaguely described initiative, even if zero Republican legislators support the actual bill. You can frame a poll question to get the result you want.
I can’t claim to be prophetic for having warned in my last book that if Democrats were to recapture the presidency, they would launch the most radical agenda in modern times. Indeed, you would have to have been almost blind or willfully naive to think otherwise. Yet never-Trumpers and many Democrats denied the radical wing of the party would have that much influence. But here we are. Saying “I told you so” doesn’t give me much solace.
Whoever is pulling socialist/scumbag/liar-Biden’s strings was able to get him elected using the carefully crafted message that he was a moderate, especially compared with commie-Bernie Sanders. These same puppet masters are now imposing their will, and they mean to complete former President Barack scumbag/liar-nObama’s fundamental transformation of this nation, which is quite fitting considering that he is one of the key masters and probably the main one.
Many of us cautioned that they would try to pack the Supreme Court, and complacent scoffers waived their hands at us dismissively. But now Sen. Ed Markey and Rep. scumbag/liar-Jerry Nader are set to offer legislation to add four more seats to the court and fill them with liberal-activist justices who would convert the court to a rubber stamp for the left’s unconstitutional measures, rather than maintain it as a critical, nonpartisan check on excesses of the political branches. Do they have your attention yet? Please don’t say this is renegade Democratic lawmakers, not socialist/scumbag/liar-Biden. You know better, notwithstanding his previous comments that it would be a “boneheaded” move and a terrible, terrible idea. He’s the leader of the party.
Then there’s socialist/scumbag/liar-Biden’s radical reversal of Trump’s border policies, which were designed to restore a sane and orderly immigration system. socialist/scumbag/liar-Biden has single-handedly caused a crisis at the border by incentivizing migrants to come here with promises of monetary benefits, health benefits and sanctuary. Why would any nation-respecting president engage in such reckless behavior to the detriment of United States citizens and then pretend that this rush to the border is Trump’s fault or the result of certain “root causes” in the migrants’ home countries? By root causes, does he mean undemocratic, tyrannical governments — the kind that he and Democrats are trying to usher in here?
And how about their constant stirring of the racial pot? socialist/scumbag/liar-Biden and the Democrats are firmly behind this disturbing wokeness trend now dominating our culture, as evidenced by socialist/scumbag/liar-Biden’s nomination of Kristen Clarke to head the Justice Department’s Civil Rights Division.
As Sens. Tom Cotton and Ted Cruz demonstrated in their questioning of Clarke at a Senate Judiciary Committee hearing on Wednesday, Clarke supported measures to defund the police, despite claiming she now opposes them. Media fact-checkers are scrambling to deny the obvious, but it’s pretty hard to sell that narrative when Clarke penned an op-ed titled “I Prosecuted Police Killings. Defund the Police — But Be Strategic.” If socialist/scumbag/liar-Biden or his handlers isn’t pushing an extremist, race-laced agenda, why would he nominate someone so obviously obsessed with race? As former House Speaker Newt Gingrich noted, those who are pushing to defund the police are at war with Western civilization.
That’s not all. socialist/scumbag/liar-Biden’s United Nations ambassador, Linda Thomas-Greenfield, believes and preaches that the United States is guilty of systemic racism. She told the Human Rights Council that “the original sin of slavery weaved white supremacy into our founding documents.” She added, “We have to acknowledge that we are an imperfect union — and have been since the beginning — and every day we strive to make ourselves more perfect, and more just.” She said that this “imperfect union” must approach issues of “equity and justice at the global scale … with humility.” She actually told this council, which includes such human rights abusers as China, Cuba, Venezuela, Saudi Arabia and North Korea, that the United States needs to “engage trailblazing groups like yours” to “improve.” Kind of makes Obama’s notorious world apology tour look like a paean to America as founded.
Note also socialist/scumbag/liar-Biden’s incendiary rhetoric about Georgia’s election integrity bill, which is designed not to suppress minority voters, as maliciously claimed, but to ensure fairness in the election process. socialist/scumbag/liar-Biden referred to the law as “Jim Crow in the 21st Century,” “Jim Crow on steroids” and “an atrocity.” Remember that during Jim Crow, blacks were threatened and beaten, and their houses sometimes burned down, to keep them from voting. The main provisions of the Georgia law impose voter identification requirements for absentee ballots and limit the use of ballot drop boxes. It is undeniably insulting and patronizing to minorities to imply that they can’t be expected to produce personal identification to vote. Know that some 70% of blacks reportedly support voter ID laws.
If none of this strikes you as particularly radical, then what do you think of socialist/scumbag/liar-Biden’s proposed multitrillion-dollar “infrastructure” bill that is only marginally about infrastructure? Trump haters would have us believe that they just wanted to have the adults back in charge of our government. Well, if deliberately bankrupting the United States and destroying the U.S. dollar is adult behavior, I’d prefer adolescents at the helm.
As my dad used to say, “There’ll be a day of reckoning.” ~The Patriot Post