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Bill’s Commentary:
“2.8% growth? Please understand this; the fiscal deficit grew from 5.4% in 2022 to 6.3% in 2023. Without deficit spending, the economy is contracting. It has been contracting while the world partied on credit. Have you been fooled?”
Why did the budget deficit grow so much in FY 2023? And what does this imply about the future debt trajectory?
The federal budget deficit—the difference between government spending and revenues—increased from 5.4% of GDP in FY 2022 to 6.3% of GDP in FY 2023. Adjusting for the effects of President Biden’s student loan forgiveness program, which boosted the deficit in FY 2022 when it was announced and decreased it in FY 2023 when it was ruled unconstitutional, the increase was significantly larger—from 3.9% of GDP last fiscal year to 7.5% in 2023.
Why did the deficit increase so much?
Bill’s Commentary:
“This is supposedly from a Walgreens in Massachusetts. First off, they forgot the Covid-19 vaxx. And, are they actually telling the truth… by mistake? “
Bill’s Commentary:
“Man’s best friend, the Belgian Malinois!”
Bill’s Commentary:
“Is this Russian election interference? Nah, it’s just the truth. Whether you like or dislike Trump is not important …the elites are panicked by him!”
https://x.com/tpvsean/status/1851760343489405075?s=51
Bill’s Commentary:
“This is fair!”
RNC Sues Fulton County Elections Director for Refusing to Hire Republican Poll Workers — Only 15 Republicans Hired Out of Over 800 Election Staff
Nadine Williams, the Director of Fulton County Department of Registration & Elections, allegedly excluded qualified Republican poll workers from the hiring process for the upcoming November 2024 election.
The Republican National Committee (RNC), along with the Georgia Republican Party and the Fulton County Republican Party, has filed a lawsuit against Nadine Williams, the Director of Fulton County Department of Registration & Elections.
The lawsuit alleges that Williams intentionally excluded qualified Republican poll workers from the hiring process for the upcoming November 2024 election, hiring only 15 Republicans out of 804 total election staff.
Bill’s Commentary:
“How do they always know?”
https://twitter.com/BGatesIsaPyscho/status/1852062821896589418
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The latest from USA Watchdog –
Bill’s Commentary:
“Why are they afraid of violence? Because they have split the population up like a piece of pie and both sides believe the election is rigged?”
Congress gripped by fears of post-election violence
Bill’s Commentary:
“60+ million views in 2 days? And while being censored? Does censorship work when everyone knows?”
Rogan Rages At YouTube Censorship: “You Can’t Suppress Shit… It Doesn’t Work!”
“If you Google’d Rogan-Trump you could only get clips, you couldn’t find the full episode,” exclaimed Joe Rogan this afternoon, after numerous reports of censorship/suppression of his legendary interview with former President Trump on YouTube.
“We reached out to them,” he continued, “and they fixed it,” but, he went on “Elon was furious and contacted Daniel Ek at Spotify and they put it on X as well. Now it has more views than ever.”
In fact, on top of the unknown tens of millions who watched/listened to it on Spotify, almost 20 million people have watched the Rogan-Trump interview on X now…
Bill’s Commentary:
“This should be nationwide!”
Idaho Health Board First in U.S. to Defy CDC and FDA by Removing COVID Vaccines From Clinics
Idaho’s Southwest District Health will no longer offer COVID-19 vaccines after its board voted 4-3 last week to pull the shots from the 30 locations where it provides healthcare services.
“It’s the first health agency in America to do that,” Laura Demaray, a Southwest Idaho resident and nurse who attended the Oct. 22 vote, told The Defender.
Miste Karlfeldt, executive director of Health Freedom Idaho, agreed that the board’s vote is historic. “It’s thrilling,” she told The Defender.
Bill’s Commentary:
“He still says he walked on the moon in 1969. This 94 year old man should be telling the truth instead of endorsing presidential candidates. It would be so much better for humanity over the long term, don’t you think?”
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Bill’s Commentary:
“Are they wrong, or are they doing what is in the best interest of the rest of the world?”
JUST IN: Chinese President Xi Jinping says BRICS must promote a new financial system.
Bill’s Commentary:
“And you say the weather cannot be modified?”
Agreement Between Canada and the United States of America Relating to the Exchange of Information on Weather Modification Activities
The Government of Canada and the Government of the United States of America,
Aware, because of their geographic proximity, that the effects of weather modification activities carried out by either Party or its nationals may affect the territory of the other;
Noting the diversity of weather modification activities in both Canada and the United States by private parties, by State and Provincial authorities, and by the Federal Governments;
Believing that the existing state of knowledge warrants the expectation of further development over a period of time in the science and technology of weather modification;
Bill’s Commentary:
“The government is masking vast weakness by bloated fiscal borrowing and massive job hirings. The piper will soon unmask the scam and demand payment!”
The Inflationists’ Narrative Is Crumbling
The United States 10-year government bond yield reached a low of 3.6% in September but has rapidly creeped up to 4.2%, erasing all the rate cut impact. The primary cause is the out-of-control public spending and the lack of confidence among bond investors in the government’s ability to manage its public finances. Therefore, it is logical that investors fear an inflation bounce.
The United States’ government is obsessed with doping GDP with government spending and bloating job figures with public sector hires. This is the road to ruin or stagflation.
The latest from USA Watchdog –
Bill’s Commentary:
“This actually happened…”
Bill’s Commentary:
“Bam”
Sign Spotted in Britain underneath Chemtrails ironically…..
Bill’s Commentary:
“Unsustainable!”
US Treasury Plans to Borrow $1.37 Trillion Over Next 6 Months
The federal government plans to borrow $1.369 trillion over the next six months, the U.S. Department of Treasury announced on Oct. 28.
According to the latest Marketable Borrowing Estimates, the Treasury expects to borrow $546 billion from October to December. This is $19 billion lower than the department’s July announcement, “largely due to a higher beginning-of-quarter cash balance partially offset by lower net cash flows.”
Washington borrowed $762 billion from July to September, which was $22 billion more than projected.
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Bill’s Commentary:
“Tucker on fire! He speaks the truth, unfortunately, there will be absolutely massive unrest no matter who wins the election.”
Bill’s Commentary:
“They had to do a study to find out if free shit out of nowhere… for everyone would work?”
The Largest Study Ever on UBI Was Just Conducted—The Results Are Disappointing for Advocates
In the 2020 election, an interesting candidate made his way onto the scene for the Democratic Party’s presidential nomination: Andrew Yang. Yang made a splash in particular for his promise to give everyone $1,000.
Andrew Yang’s campaign strategy took a similar approach to Trump’s 2016 campaign in hyper-focusing on a single issue. For Trump, the single issue was immigration. For Yang, that issue was universal basic income (UBI).
Yang’s version of UBI was alluring in its simplicity. Every person in the country would receive a nice, round $1,000 per month. It didn’t matter if you were rich or poor, old or young. A vote for Yang was a vote for cash.
Bill’s Commentary:
“Bye bye COMEX and LME!”
Russia in talks with BRICS over precious metals exchange
MOSCOW, Oct 24 (Reuters) – Russia is in talks with other BRICS members about creating an international precious metals exchange to ensure fair pricing and trade growth, the country’s Finance Minister Anton Siluanov said in a statement on Thursday.
Leaders of BRICS countries, which account for 37% of the global economy, gathered in the Russian city of Kazan this week to discuss initiatives aimed at creating alternatives to the Western-dominated financial and trade infrastructure.
“The mechanism will include the creation of price indicators for metals, standards for the production and trade of bullion, and instruments for accrediting market participants, clearing, and auditing within BRICS,” Siluanov said.
Bill’s Commentary:
“Erik on politics”
The latest from Erik –
Bill’s Commentary:
“Is this to protect against the inclusive, loving and caring members of society?”
McDonalds Where Trump Worked Hires Private Security After Deranged Leftist Threats
The McDonald’s franchise in Pennsylvania where president Trump visited and worked a shift, sending leftists into one of the all time seethiest of meltdowns, has been forced to hire private security because of a barrage of threats.
Trump worked the fry station and served customers at the drive-thru in Bucks County this past weekend, in one of the greatest election stunts ever.
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Bill’s Commentary:
“On a brighter note!”
Bill’s Commentary:
“Filed under the category of “gun safety” by posers!”
Bill’s Commentary:
“We’re going to need a lot more bankruptcy attorneys!”
Georgia Supreme Court rules district attorneys can be sued, upholding judge’s ruling in open records dispute involving Fani Willis
ATLANTA — It’s a win for the Merchant Law Firm, which challenged Fulton County District Attorney Fani Willis and her office in an open records dispute.
On Tuesday, the Georgia Supreme Court ruled that district attorneys in the state can be sued under the Open Records Act, upholding Judge Rachel Krause’s ruling in favor of the firm from Monday.
The judge ruled in favor because she said the district attorney’s office failed to timely provide the requested documents. According to Krause, the law firm is owed those documents and will be awarded attorneys’ fees.
Bill’s Commentary:
“Price ALWAYS follows volume!”
US Existing Home Sales Slump To Lowest Since 2010
Existing home sales disappointed (yet again) in September, declining 1.0% MoM (vs expectations of a 0.5% MoM rise). August’s 2.5% MoM drop was revised up to a 2.0% MoM drop, but still left existing home sales down 3.5% YoY…
Even with the weaker September sales figures, “factors usually associated with higher home sales are developing,” Lawrence Yun, NAR chief economist, said in his ubiquitously optimistic statement.
“There are more inventory choices for consumers, lower mortgage rates than a year ago and continued job additions to the economy.”
First-time buyers made up 26% of purchases, matching an all-time low.
Bill’s Commentary:
“Ahh I see, this is “legal” child trafficking?”
“Once You Know, You Cannot Unknow”: Whistleblower Reveals Fed-Funded Industrial-Sized Staffing Firm Shipping Migrant Kids Around US
A contract specialist from the General Services Administration (GSA) spoke with investigative reporter James O’Keefe about the federal government awarding a massive contract to an industrial-sized staffing agency to transport unaccompanied migrant kids across the country.
“My line in the sand moment was when I found out that GSA had awarded a contract to a company to transport unaccompanied minors,” GSA Senior Contract Specialist Clarissa Rippee told O’Keefe in a sitdown interview shared on X.
Rippee explained GSA, on behalf of the federal government, awarded MVM, a private security contractor with ties to the CIA, NSA, FBI, and Homeland Security, with a massive $347 million contract for the transportation services of unaccompanied minors across the United States.
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Bill’s Commentary:
“The French looking toward a “brighter” future?”
France Has a Striking Plan to Recycle Some of Its Nuclear Waste: Turn It Into Forks, Doorknobs, and Saucepans
France is the largest nuclear power producer in Europe, but its aging power plants have forced the country to dismantle older reactors and pursue new, smaller modular reactors. Part of the plan for handling waste from its power plants is to recycle some materials into cutlery.
Reusing materials from nuclear power plants isn’t new. Sweden and Germany already have innovative ways to recycle metals from decommissioned reactors. However, the proposal of the French state-owned company Électricité de France (EDF) is striking. With the closure of France’s oldest nuclear power plant at Fessenheim, EDF proposes using some of the materials to manufacture forks, doorknobs, and saucepans.
Bill’s Commentary:
“Bond and mortgage rates up 50 basis points after the Fed panic cuts by 50 basis points …has this ever happened before?”
When Powell Cut Rates By An “Emergency” 50bps, Did He Expect Yields Would Be 50bps Higher A Month Later
When the Fed cut rates by ‘only-in-an-emergency’ 50bps on September 18 as it Orwell-style said the US economy was “good”, I wonder if their army of market economists had warned them that just over a month later, the 2- and 10-year US Treasury yield would both be trading around 50bps higher at 4.02% and 4.18% – and with market chatter that we could test 5% in the latter ahead?
Bill’s Commentary:
“This is not a one off, it is only the beginning of lawsuits. A “death penalty” would be fitting?”
Bill Gates to Stand Trial in Netherlands in COVID Vaccine Injury Lawsuit
A Netherlands court last week ruled that Bill Gates can stand trial in the Netherlands, in a case involving seven people injured by COVID-19 vaccines.
According to Dutch newspaper De Telegraaf, the seven “corona skeptics” sued Gates last year, along with former Dutch prime minister and newly appointed NATO Secretary General Mark Rutte, and “several members” of the Dutch government’s COVID-19 “Outbreak Management Team.”
Other defendants include Albert Bourla, Ph.D., CEO of Pfizer, and the Dutch state.
“Because Bill Gates’ foundation was involved in combating the corona pandemic, he has also been summoned,” De Telegraaf reported.
Bill’s Commentary:
“Is this true?”
NC Gov. Roy Cooper Confirms Gov’t Buying Out Entire Communities Affected by ‘Climate Change’
North Carolina Gov. Roy Cooper (D) confirmed the government won’t help to rebuild areas of the state devastated by Hurricane Helene last month, and will instead opt to buy out the land.
Cooper claimed during a New York Times climate forum earlier this month that climate change was causing more frequent hurricanes and because of that, government land grabs were a more prudent approach to rebuilding.
“North Carolina had two ‘500-year storms’ within 20 months of each other in the same place. We just had a ‘thousand-year’ storm event. We know that that’s not true anymore. We know that these events are becoming more and more intense,” Cooper said.
Bill’s Commentary:
“This makes total sense…”
Michigan Voter Rolls Claim 8.4M Voters, When There Are Less Than 8M Eligible Residents
According to the Daily Wire, the state of Michigan had previously been sued by the Republican National Committee (RNC) over the extremely inflated voter rolls, and other concerns regarding election integrity.
But Secretary of State Jocelyn Benson (D-Mich.) dismissed such concerns in a statement on Wednesday, claiming with no evidence that these lawsuits “lay the groundwork to overturn the results of the election if they don’t like them.”
“The RNC and its members are concerned that Defendants’ failure to comply with the NVRA’s voter-list maintenance obligations undermines the integrity of elections by increasing the opportunity for ineligible voters or voters intent on fraud to cast ballots,” the RNC’s lawsuit states.
Bill’s Commentary:
“This is pretty significant, in case you had not noticed, freedom of speech is directly in the crosshairs…!”
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Bill’s Commentary:
“Hang on for the ride, it will be far faster and more volatile than you can imagine!”
The Silver Squeeze Has Officially Begun
For the past several weeks, I’ve been writing articles and creating video presentations about an imminent silver breakout that could quickly push prices to $50. During this time, I’ve observed significant investor cynicism, as many grew frustrated with silver’s sideways movement over the last five months. In that content, I encouraged investors to remain confident, as I believed silver was on the brink of a historic bull market. Sure enough, on Friday, what began as a typical day saw silver surge nearly 7%, meeting the criteria I had outlined to confirm the next phase of its bull market. In this article, I will break down the details of silver’s Friday breakout and explain why a powerful silver squeeze has now officially begun.
Bill’s Commentary:
“Some political Erik for the weekend.”
The latest from Erik –
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Bill’s Commentary:
“None of this could have happened if they did not sever their currencies from gold!”
World’s $100 Trillion Fiscal Timebomb Keeps Ticking
(Bloomberg) — Even before global finance chiefs fly into Washington over the next few days, they’ve been urged in advance by the International Monetary Fund to tighten their belts.
Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen
Two weeks ahead of a potentially era-defining US election, and with the world’s recent inflation crisis barely behind it, ministers and central bankers gathering in the nation’s capital face intensifying calls to get their fiscal houses in order while they still can.
Bill’s Commentary:
“Some good stuff from Egon!”
THE END OF THE US ECONOMIC AND MILITARY EMPIRE & THE RISE OF GOLD
Unsustainable deficits and galloping debt levels, combined with a crumbling military, are the perfect recipe for the end of an Empire.
And it is exactly the position that the US finds itself in.
But it also means a new golden era for real money, which is obviously GOLD! (more later…)
I have written before about the END OF THE US EMPIRE – ORWELL’S 1984 NEWSPEAK & DIRT CHEAP GOLD.
A prospering empire must have a very strong and functioning economy, a solid currency, and a controlled level of debt. Today, America does not possess any of these essential requirements.
Bill’s Commentary:
“Sheriffs hold much power in this nation!”
Now I Understand Why The NC Sheriffs Were Forming Militias
Bill’s Commentary:
“Pastor Stanley on the latest bank closure in Oklahoma, there will be a 50% haircut for uninsured deposits…”
Oklahoma Bank Fails-FDIC Initially Makes Only 50 Percent of Funds Available to Uninsured Depositors-Last Year ALL Uninsured Depositors of Silicon Valley Bank Were Bailed Out
The Office of the Comptroller of the Currency (OCC) along with the Federal Deposit Insurance Corporation (FDIC) appointed as receiver closed The First National Bank of Lindsay in Oklahoma On Friday October 18, 2024.
After alleged bogus and disingenuous bank documents were identified, the OCC exposed other findings that uncovered deficiency in the banks’ capital. The assets of the institution were lessor than its creditor obligations.
It is reported that the FDIC has made the following statement:
…’For uninsured deposits, the FDIC has announced it will make 50 percent of those funds available to depositors starting Monday, October 21, 2024, with the possibility of increasing that amount as assets from the failed bank are sold. …(News 9)
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Bill’s Commentary:
“What happened? Bank of America just watched one of my interviews from 5 years ago when gold was $1,200 and just now understands?”
Bank of America calls gold the last safe haven against U.S. debt disaster
With the U.S. national debt ballooning to over $35 trillion, analysts are starting to question whether traditional investments, like Treasury bonds, can still provide stability.
The answer, according to Bank of America’s latest report, is simple. Gold is now the ultimate safe bet. The metal has already shot up more than 30% this year thanks to a variety of factors.
Interest rates are falling, central banks are buying up gold like it’s going out of style, and U.S. retail investors are jumping on the bandwagon. It’s a gold party all over.
Bill’s Commentary:
“A very enlightening firsthand story of hyperinflation from Pastor Stanley!”
Revealing the Coming American Hyperinflation Via the Personal Recollection of an American in Zimbabwe During Mugabe’s Manic Money Printing-The $1,243,255,000 Lunch For Three
Everyone is on edge over the coming Presidential Election… so we thought we’d try to focus your attention on an issue that, regardless of who becomes President, that every person will have to deal with.
What is HyperInflation?
…Hyperinflation is a term that describes and measures rapid, excessive, and out-of-control general price increases that result in extreme inflation. Inflation measures the pace of rising prices for goods and services in an economy. Hyperinflation indicates uncontrollable price increases over a defined period, typically measuring more than 50% per month.’…(Investopedia)
There are many who do not believe that hyperinflation as defined above could ever happen here in America. No one expected it to happen in Weimar Germany (1920’s), Hungary (1945-1946), Yugoslavia (1990’s under Milosevic) or in Zimbabwe (2000’s). But happen it did.
Bill’s Commentary:
“Of course these would only be “defensive” NUCLEAR WEAPONS!”
NATO Membership Or Nuclear Weapons: Zelensky Stuns Allies With Demand
Ukrainian President Volodymyr Zelensky, having received a lackluster response when he pitched his ‘victory plan’ to US officials in Washington last month, now says that Ukraine must either join NATO or obtain nuclear weapons.
He made the ultra provocative comments while speaking before the EU’s European Council in Brussels, where he presented the victory plan before European lawmakers. That’s when he referenced a recent private conversation with Republican presidential candidate Donald Trump, saying he told Trump that his country needs “some kind of alliance” or be “forced to pursue nuclear weapons.”
Bill’s Commentary:
“The headline is how the left perceived Trump last night, everyone else thought he was funny as hell!”
Trump Spews Profanity and Bizarre Insults at Catholic Charity Dinner
The Alfred E. Smith Memorial Foundation Dinner, a decades-old annual event in New York City, is typically an evening of lighthearted fare, with political and cultural leaders taking turns poking fun at one another and themselves.
But former President Donald Trump landed like a bomb onstage at the charity event on Thursday night, delivering a profanity-laden speech that saw him alternate between raging about the unfairness of his legal situation and taking hostile swipes at his enemies.
Trump lashed out at President Joe Biden, Vice President Kamala Harris, former House Speaker Nancy Pelosi, Senate Majority Leader Chuck Schumer, and the transgender community over the course of roughly 30 minutes.
Bill’s latest interview at SGT report (Also posted under Interviews)
Bill’s Commentary:
“Weather engineering is very real…”
The Monster Behind Weather Engineering?
Professor Michel Chossudovsky provides the historic and technical details concerning weather warfare that has been emerging slowly since WW II, and probably before.
For certain, whenever you hear “fake news” to comments and reports about geoengineering and weather weaponizing, you can be sure the so-called fake news are actually the truth. And this is the case for most everything else called “fake news”.Morano, MarcBest Price: $8.67Buy New $14.99(as of 05:10 UTC – Details)
However, what tops it all, is the recent discovery through a former employee at the South Pole Station in Antarctica. He says, what he saw at the South Pole Station is “HAARP on steroids”. He became a whistleblower, who testified before the United States Senate.
The latest from USA Watchdog –
Bill’s Commentary:
“Pretty small rally? And yes, JESUS IS LORD!”
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Bill’s Commentary:
“Who’s the racist? Oh, and get a load of who supports this racist”;;; “Sharif El-Mekki envisions a world where ‘all black students are taught by same-race teachers.’ He is backed by the Gates Foundation, NBC Universal, Nike, and the Bezos Family Foundation.”
Black Nationalist Gets $20 Million to Promote ‘Segregation’ in Public Schools
Sharif El-Mekki is an adviser to Pennsylvania governor Josh Shapiro. He also supports school segregation, is a member of the Black Panther Party with family ties to Iran, and runs a nonprofit that has raked in nearly $20 million in donations from the government and nonprofits, including the Gates Foundation.
El-Mekki, a former middle and high school teacher and principal, founded the Center for Black Educator Development (CBED) in 2019, which defines its vision as “a world where. . . all black students are taught by high-quality, same-race teachers,” and where “all teachers demonstrate high levels of expertise in anti-racist mindsets.” CBED argues that employing black teachers to educate black students increases educational outcomes.
Bill’s Commentary:
“But I thought they said “deficits don’t matter”? Well, I guess that is so… until it isn’t!”
JAMES CARTER: Take the Federal Budget Quiz
Politicians routinely make fanciful assertions regarding the federal budget. Unfortunately, most Americans do not know when they are being lied to. Can you discern the truth? Take the following quiz and find out.
1-True or False? Federal revenue is languishing. Consequently, the Biden-Harris administration’s repeated calls for multi-trillion-dollar tax increases are justified.
False. Federal revenue was 43.8% higher last year (FY24) than in 2020. Cumulatively, over the past four years, the federal government collected $18.3 trillion in revenue — $2.2 trillion more than the Congressional Budget Office (CBO) anticipated for that period when President Biden entered office.
The federal government has ample revenue. It has a spending problem, not a revenue problem.
Bill’s Commentary:
“Stupidity or malice? I say both!”
The latest from Erik –
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