• Chinese property junk debt has been one of the most profitable and popular corporate bond trades of the past decade, built on the back of the nation’s economic growth engine and introduced to the world via Hong Kong. Since the first bonds emerged in 1997, institutions like Credit Suisse Group AG and Goldman Sachs Group Inc. have brought international money flooding into an asset class where rewards were formidable and defaults extremely rare. In an era of negative-yielding assets, these bonds became a critical way for many global fixed-income investors to bolster returns. Even major pension funds and insurers bought in. Now, the $203 billion market—which once yielded several deals a week and padded portfolios across the world from Pimco to UBS—is all but dead. And offshore investors are swallowing almost all of the losses. https://www.bloomberg.com/news/features/2022-08-09/china-real-estate-market-junk-bond-trades-implode-as-mortgage-boycotts-roll-on?srnd=premium
    Chinese property junk debt has been one of the most profitable and popular corporate bond trades of the past decade, built on the back of the nation’s economic growth engine and introduced to the world via Hong Kong. Since the first bonds emerged in 1997, institutions like Credit Suisse Group AG and Goldman Sachs Group Inc. have brought international money flooding into an asset class where rewards were formidable and defaults extremely rare. In an era of negative-yielding assets, these bonds became a critical way for many global fixed-income investors to bolster returns. Even major pension funds and insurers bought in. Now, the $203 billion market—which once yielded several deals a week and padded portfolios across the world from Pimco to UBS—is all but dead. And offshore investors are swallowing almost all of the losses. https://www.bloomberg.com/news/features/2022-08-09/china-real-estate-market-junk-bond-trades-implode-as-mortgage-boycotts-roll-on?srnd=premium
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  • https://www.armstrongeconomics.com/international-news/north_america/americas-current-economy/american-household-debt-surpasses-16-trillion/
    https://www.armstrongeconomics.com/international-news/north_america/americas-current-economy/american-household-debt-surpasses-16-trillion/
    WWW.ARMSTRONGECONOMICS.COM
    American Household Debt Surpasses $16 Trillion
    American household has reached a new high, according to a report by the Federal Reserve Bank of New York. Total household debt has surpassed $16 trillion for the first time in American history. Americans have taken on $2 trillion in additional debt since the pandemic. Aggregate household debt balances rose by $312 billion in Q2
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  • Gary stood for #Truth and what is right!
    It destroyed his career and his life!

    If 1/3 of the people in this country were HALF as honest, and HALF as brave as Gary Webb our #Corruption issues would work themselves out!

    Some things are more important than MONEY!
    People these days will literally SELL THEIR OWN MOTHER for a few worthless "notes of debt" and it's pathetic!

    I guess that's why I'm a poor guy! The system destroys those with honor, who will NOT be bought. But it's supposed to be "Our System" but if you look at it, IT'S NOT! It's THEIR SYSTEM!

    Mark 10:25 It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God.

    NOW you know why it says that!

    Everyone who has information about the #Criminal "going ons" in this country end up getting bought off by some wealthy #Satan worshiping POS, or found dead!

    ALL OF THE MONEY ON EARTH IS NOT AS VALUABLE AS YOUR HONOR AND INTEGRITY! Neither is ANY JOB!

    I was looking for a job when I found this one! NOTHING should ever come before YOUR HONOR!

    I would HATE to stand before my Creator and explain why I sold out His People and subverted His will for WORTHLESS PAPER, digits on a screen, a fiction created by the Devil himself!

    Good luck with that!
    Gary stood for #Truth and what is right! It destroyed his career and his life! If 1/3 of the people in this country were HALF as honest, and HALF as brave as Gary Webb our #Corruption issues would work themselves out! Some things are more important than MONEY! People these days will literally SELL THEIR OWN MOTHER for a few worthless "notes of debt" and it's pathetic! I guess that's why I'm a poor guy! The system destroys those with honor, who will NOT be bought. But it's supposed to be "Our System" but if you look at it, IT'S NOT! It's THEIR SYSTEM! Mark 10:25 It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God. NOW you know why it says that! Everyone who has information about the #Criminal "going ons" in this country end up getting bought off by some wealthy #Satan worshiping POS, or found dead! ALL OF THE MONEY ON EARTH IS NOT AS VALUABLE AS YOUR HONOR AND INTEGRITY! Neither is ANY JOB! I was looking for a job when I found this one! NOTHING should ever come before YOUR HONOR! I would HATE to stand before my Creator and explain why I sold out His People and subverted His will for WORTHLESS PAPER, digits on a screen, a fiction created by the Devil himself! Good luck with that!
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  • https://www.armstrongeconomics.com/world-news/sovereign-debt-crisis/us-national-debt-to-surpass-185-of-gdp/
    https://www.armstrongeconomics.com/world-news/sovereign-debt-crisis/us-national-debt-to-surpass-185-of-gdp/
    WWW.ARMSTRONGECONOMICS.COM
    US National Debt to Surpass 185% of GDP
    The Congressional Budget Office warned that US federal debt is expected to rise 185% within the next 30 years. Total debt holdings could double the size of US GDP by 2051. No politician or spender of this debt cares as they have no intention of paying it off. The Congressional Budget Office is calling this
    1
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  • Endgame For Fiat Currencies Nears As Debt & Inflation Become Unsustainable | John Rubino
    https://www.youtube.com/watch?v=D1qpW29n3Z0&list=PL7vUOWh5dtHN0HL-ckjHLeXfW8vZgo0H8&index=4
    Endgame For Fiat Currencies Nears As Debt & Inflation Become Unsustainable | John Rubino https://www.youtube.com/watch?v=D1qpW29n3Z0&list=PL7vUOWh5dtHN0HL-ckjHLeXfW8vZgo0H8&index=4
    3
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  • Biden Announces Executive Actions to Combat Climate Change. Yet Another Sign of How Meaningless Our Constitution Has Become

    Biden announced that he will take steps to expand the possible use of wind energy in the Gulf of Mexico and along the Southern Atlantic Coast speaking to an audience at a shuttered power plant in Mass that will allegedly be used for clean energy:

    “I have a responsibility to act with urgency and resolve when our nation faces clear and present danger. And that’s what climate change is about,”

    “It is literally, not figuratively, a clear and present danger. The health of our citizens and our communities are literally at stake.” https://bit.ly/3PqN1EY

    Ignoring the clear hyperbolic exaggeration one should ask: Where in our Constitution does the President derive the power to spend public money at the stroke of a pen?

    - Nowhere, to be specific.

    The Constitution clearly reads in Article 1, Section 9:

    "No money shall be drawn from the treasury, but in consequence of appropriations made by law;"

    Congress approves appropriations of public spending through Constitutionally endorsed, legal appropriations.

    Executive orders are not Congressionally endorsed, legal appropriations. They are orders that apply to the executive branch only.

    Biden, acting as the faux President, is entitled to his opinions.

    He is not authorized to back those opinions with public money. That is an authority that rests in Congress, not the President.

    When will the public and its elected representatives act to stop treating executive orders as laws?

    Not a penny for these actions should be issued by the Treasury of public money and subsequent debt.

    The President is not a monarch. That was discussed and rejected during the Constitutional convention.

    When will the public wake up to that Constitutional fact and demand that Presidents and politicians stop appropriating public money without Constitutional authority?

    #biden #climatechange #executiveorders #publicspending
    Biden Announces Executive Actions to Combat Climate Change. Yet Another Sign of How Meaningless Our Constitution Has Become Biden announced that he will take steps to expand the possible use of wind energy in the Gulf of Mexico and along the Southern Atlantic Coast speaking to an audience at a shuttered power plant in Mass that will allegedly be used for clean energy: “I have a responsibility to act with urgency and resolve when our nation faces clear and present danger. And that’s what climate change is about,” “It is literally, not figuratively, a clear and present danger. The health of our citizens and our communities are literally at stake.” https://bit.ly/3PqN1EY Ignoring the clear hyperbolic exaggeration one should ask: Where in our Constitution does the President derive the power to spend public money at the stroke of a pen? - Nowhere, to be specific. The Constitution clearly reads in Article 1, Section 9: "No money shall be drawn from the treasury, but in consequence of appropriations made by law;" Congress approves appropriations of public spending through Constitutionally endorsed, legal appropriations. Executive orders are not Congressionally endorsed, legal appropriations. They are orders that apply to the executive branch only. Biden, acting as the faux President, is entitled to his opinions. He is not authorized to back those opinions with public money. That is an authority that rests in Congress, not the President. When will the public and its elected representatives act to stop treating executive orders as laws? Not a penny for these actions should be issued by the Treasury of public money and subsequent debt. The President is not a monarch. That was discussed and rejected during the Constitutional convention. When will the public wake up to that Constitutional fact and demand that Presidents and politicians stop appropriating public money without Constitutional authority? #biden #climatechange #executiveorders #publicspending
    BIT.LY
    Biden unveils executive action on climate change but stops far short of declaring national emergency
    President Biden announced executive actions Wednesday to combat climate change, but chose not to heed calls from members of his own party to declare a national emergency to unlock a variety of additional powers.
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  • Democrats Who Push For Student Loan Debt Have Millions In Student Loans Themselves https://battleplan.news/watch?id=62d21625f445090741147368 #warroomshow
    Democrats Who Push For Student Loan Debt Have Millions In Student Loans Themselves https://battleplan.news/watch?id=62d21625f445090741147368 #warroomshow
    2
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  • https://thepostmillennial.com/democrats-demanding-student-debt-forgiveness-owe-huge-sums-in-college-loans
    https://thepostmillennial.com/democrats-demanding-student-debt-forgiveness-owe-huge-sums-in-college-loans
    THEPOSTMILLENNIAL.COM
    Democrats demanding student debt forgiveness owe huge sums in college loans
    The 13 Democratic members reported their individual debts in 2021 and 2020, in amounts that range from as little as $15,000 to as much as $300,000.
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  • Abraham Lincoln was a bartender
    Long before he wrote the Emancipation Proclamation, President Lincoln co-owned a tavern in Illinois. But his booze business was short-lived when the store fell into debt; Lincoln soon abandoned the pint glasses for law books. #history
    LIBRARY OF CONGRESS
    Abraham Lincoln was a bartender Long before he wrote the Emancipation Proclamation, President Lincoln co-owned a tavern in Illinois. But his booze business was short-lived when the store fell into debt; Lincoln soon abandoned the pint glasses for law books. #history LIBRARY OF CONGRESS
    1
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  • Tax his land, Tax his bed, Tax the table,
    At which he's fed.
    Tax his tractor, Tax his mule, Teach him taxes
    Are the rule.
    Tax his work, Tax his pay, He works for peanuts anyway!
    Tax his cow, Tax his goat, Tax his pants,
    Tax his coat.
    Tax his ties, Tax his shirt, Tax his work,
    Tax his dirt.
    Tax his tobacco, Tax his drink, Tax him if he
    Tries to think.
    Tax his cigars, Tax his beers, If he cries Tax his tears.
    Tax his car, Tax his gas, Find other ways
    To tax his ass.
    Tax all he has Then let him know
    That you won't be done Till he has no dough.
    When he screams and hollers; Then tax him some more, Tax him till He's good and sore.
    Then tax his coffin, Tax his grave, Tax the sod in Which he's laid...
    Put these words Upon his tomb, Taxes drove me to my doom...'
    When he's gone, Do not relax, Its time to apply The inheritance tax.
    Accounts Receivable Tax
    Building Permit Tax
    CDL license Tax
    Cigarette Tax
    Corporate Income Tax
    Dog License Tax
    Excise Taxes
    Federal Income Tax
    Federal Unemployment Tax (FUTA)
    Fishing License Tax
    Food License Tax
    Fuel Permit Tax
    Gasoline Tax (currently 44.75 cents per gallon)
    Gross Receipts Tax
    Hunting License Tax
    Inheritance Tax
    Inventory Tax
    IRS Interest Charges IRS Penalties (tax on top of tax)
    Liquor Tax
    Luxury Taxes
    Marriage License Tax
    Medicare Tax
    Personal Property Tax
    Property Tax
    Real Estate Tax
    Service Charge Tax
    Social Security Tax
    Road Usage Tax
    Recreational Vehicle Tax
    Sales Tax
    School Tax
    State Income Tax
    State Unemployment Tax (SUTA)
    Telephone Federal Excise Tax
    Telephone Federal Universal Service Fee Tax
    Telephone Federal, State and Local Surcharge Taxes
    Telephone Minimum Usage Surcharge Tax
    Telephone Recurring and Nonrecurring Charges Tax
    Telephone State and Local Tax
    Telephone Usage Charge Tax
    Utility Taxes
    Vehicle License Registration Tax
    Vehicle Sales Tax
    Watercraft Registration Tax
    Well Permit Tax
    Workers Compensation Tax
    STILL THINK THIS IS FUNNY?
    Not one of these taxes existed 100 years ago, & our nation was the most prosperous in the world.
    We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids.
    What in the heck happened? Can you spell 'politicians?'
    I hope this goes around THE USA at least 545 times!!! YOU can help it get there!!!
    GO AHEAD. . . BE AN AMERICAN!!!
    ---Charley Reese
    Tax his land, Tax his bed, Tax the table, At which he's fed. Tax his tractor, Tax his mule, Teach him taxes Are the rule. Tax his work, Tax his pay, He works for peanuts anyway! Tax his cow, Tax his goat, Tax his pants, Tax his coat. Tax his ties, Tax his shirt, Tax his work, Tax his dirt. Tax his tobacco, Tax his drink, Tax him if he Tries to think. Tax his cigars, Tax his beers, If he cries Tax his tears. Tax his car, Tax his gas, Find other ways To tax his ass. Tax all he has Then let him know That you won't be done Till he has no dough. When he screams and hollers; Then tax him some more, Tax him till He's good and sore. Then tax his coffin, Tax his grave, Tax the sod in Which he's laid... Put these words Upon his tomb, Taxes drove me to my doom...' When he's gone, Do not relax, Its time to apply The inheritance tax. Accounts Receivable Tax Building Permit Tax CDL license Tax Cigarette Tax Corporate Income Tax Dog License Tax Excise Taxes Federal Income Tax Federal Unemployment Tax (FUTA) Fishing License Tax Food License Tax Fuel Permit Tax Gasoline Tax (currently 44.75 cents per gallon) Gross Receipts Tax Hunting License Tax Inheritance Tax Inventory Tax IRS Interest Charges IRS Penalties (tax on top of tax) Liquor Tax Luxury Taxes Marriage License Tax Medicare Tax Personal Property Tax Property Tax Real Estate Tax Service Charge Tax Social Security Tax Road Usage Tax Recreational Vehicle Tax Sales Tax School Tax State Income Tax State Unemployment Tax (SUTA) Telephone Federal Excise Tax Telephone Federal Universal Service Fee Tax Telephone Federal, State and Local Surcharge Taxes Telephone Minimum Usage Surcharge Tax Telephone Recurring and Nonrecurring Charges Tax Telephone State and Local Tax Telephone Usage Charge Tax Utility Taxes Vehicle License Registration Tax Vehicle Sales Tax Watercraft Registration Tax Well Permit Tax Workers Compensation Tax STILL THINK THIS IS FUNNY? Not one of these taxes existed 100 years ago, & our nation was the most prosperous in the world. We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids. What in the heck happened? Can you spell 'politicians?' I hope this goes around THE USA at least 545 times!!! YOU can help it get there!!! GO AHEAD. . . BE AN AMERICAN!!! ---Charley Reese
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