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Showing posts with label CPI. Show all posts
Showing posts with label CPI. Show all posts

Tuesday, February 14, 2023

The Coordinated Attack on Your Money



Michael Wilkerson at The Epoch Times (via The Liberty Daily with no paywall) outlines “The Coordinated Attack on Your Money.”  This one paragraph is scary enough:

Do you think your money is safe in your bank account? Multiple laws allow the government to seize your assets through the process of civil forfeiture even if you haven’t been charged, let alone convicted, of a crime. We saw how this worked in Canada during the truckers’ peaceful protests over vaccine mandates when the government simply issued a decree authorizing it. If your bank fails, new laws created following the global financial crisis of 2008–09 allow the bank to turn your savings and other deposits into securities to shore up the bank’s capital. The Internal Revenue Service can tap funds in your bank account if the agency claims you owe taxes, even if the IRS made an error or you’re in a dispute process. And banks have canceled accounts of individuals and entities who pose “reputational risk” by, for example, supporting conservative candidates, speaking out on election integrity, or challenging the prevailing COVID-19 narrative.

Click here for more.  It gets especially ugly when you see what the feds are trying to do to stop cryptocurrencies – and why.

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Saturday, June 11, 2022

Did you watch Episode #1 of the “The Made-for-TV J6 Show Trial”?

 

A.F. Branco cartoon via TownHall

No, I did not watch the prime time telecast of the first January 6 Insurrection “hearing.”  Neither did Legal Insurrection’s William A. Jacobson.  Here’s part of his rationale:

Inflation Soars to 41-Year High, While Democrats and Mainstream Media Focus On J6 Primetime Show Trial

I stayed true to my promise, "I’m Not Watching The Made-for-TV J6 Show Trial Narrated By Hoaxers, Liars, and Leakers," which as I wrote is just a political distraction from the intentional gutting of the country:

The southern border is effectively open, we have lost our sovereignty as a nation. Food prices and gas and other measures of inflation are out of control.

Sure enough, this morning brought an inflation report that shows the damage from Bidenomics. CNBC reports: 

    • The consumer price index rose 8.6% in May from a year ago, the highest increase since December 1981. Core inflation excluding food and energy rose 6%. Both were higher than expected.
    • Surging food, gas and energy prices all contributed to the gain, with fuel oil up 106.7% over the past year.
    • Shelter costs, which comprise about one-third of the CPI, rose at the fastest 12-month pace in 31 years.
    • The rise in inflation meant workers lost more ground in May, with real wages declining 0.6% from April and 3% on a 12-month basis.

. . .

There is no silver lining . . .

Ugh.  Professor Jacobson’s column is here.  On the brighter side, the ratings weren't all that great.  The Washington Free Beacon reports here; see also here.

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