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Bill’s Commentary:
“An interesting 2 minutes from Elon Musk”
Bill’s Commentary:
“Those paying taxes are losing their jobs to illegals?”
1.3 MILLION Native-Born Americans Lost Their Jobs Under Biden-Harris in August.
An estimated 1.3 million native-born American workers lost their jobs in August, according to the latest jobs report from the Bureau of Labor Statistics (BLS). Meanwhile, the number of foreign-born workers increased by 635,000.
While the August jobs report shows unemployment falling to 4.2 percent last month, this drop is primarily due to a spike in part-time employment. According to the BLS data, the number of full-time workers decreased slightly.
Bill’s Commentary:
“What do they mean the “real” unemployment rate is 7.9%? Have they been giving us the “fake” rate all along? By the way, Shadowstats which calculates the economic numbers the way they did back in the early 1980’s, before changing and “massaging” them, at a MUCH higher number than 7.9%!”
August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%
The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the way for the Federal Reserve to lower interest rates later this month.
Nonfarm payrolls expanded by 142,000 during the month, up from 89,000 in July and below the 161,000 consensus forecast from Dow Jones, according to a report Friday from the Labor Department’s Bureau of Labor Statistics.
Bill’s Commentary:
“Is this too crazy to be believed? I think it is pretty close to the reality…”
Bombshell: All Levels of Govt. Conspiring to Oust Homeowners Across the USA
The new Fraud: Counties across the country (now 47 states are involved) are raising reassessing homes, increasing their valuation, in order to raise property taxes to meet their budgets.
How they do this…is that the yearly budget is given to the Tax Assessor’s office and told to figure out how to meet the budget. The Assessor then artificially reassesses the homes in the area (by alot) in order to raise the taxes to comport with the budget. The homeowners who can barely pay their mortgages and credit card debt not only can not afford the property tax but the insurance on their house goes up as well. Then the house goes into foreclosure and the sharks attack! “You will own nothing and be happy” -
Bill’s Commentary:
“A pretty good read on “Democracy””
On Being a “Threat to Democracy”
Merriam-Webster defines “democracy” as: “a: Government by the people especially : rule of the majority, b: a government in which the supreme power is vested in the people and exercised by them directly or indirectly through a system of representation usually involving periodically held free elections.”
Well, that sounds good. Do we have a rule of the majority? The majority of Americans, after all, about eighty percent of them, are losing in this rigged economy, and living paycheck to paycheck at best. I don’t think they’re “ruling” anything. We all (well, some of us) know that the 10th Amendment to the Constitution clearly states, “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.” Again, sounds good. But when’s the last time you heard about one of our tyrannical judges ruling in favor of someone invoking the 10th Amendment? Since the Constitution delineates very limited powers to the central government, this should mean that the vast majority of power in this country resides in the States, or the people.
Bill is interviewed by Jon Dowling – (also posted under Interviews)
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Bill’s Commentary:
“It is showtime folks! It is when an inverted yield curve un-inverts that recession is either imminent, or has already arrived. By looking with your own eyes, recession already appears to have strolled in…”
Bond market ‘yield curve’ returns to normal from inverted state that had raised recession fears
The relationship between the 10- and 2-year Treasury yield briefly normalized Wednesday, reversing a classic recession indicator.
Following economic news that showed a sharp decline in job openings and dovish remarks from Atlanta Fed President Raphael Bostic, the benchmark 10-year yield inched above the 2-year for the first time since June 2022.
The respective yields were both around 3.79% on the session, with just a few thousandths of a percentage point separating them.
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Bill’s Commentary:
“Funny how these conspiracy “theories” become fact time after time?”
Shocking leak suggests your phone really is listening in on your conversations
Millions of people have long suspected it, but now a leak suggests that our phones really are listening to us.An apparent pitch deck from one of Facebook‘s alleged marketing partner appears to detail how the firm eavesdrops on users’ conversations to create targeted ads.
In a slideshow, Cox Media Group (CMG) claims that its ‘Active-Listening’ software uses AI to collect and analyze ‘real-time intent data’ by listening to what you say through your phone, laptop or home assistant microphone.
Bill’s Commentary:
“G. Edward Griffin, David Webb and panel discuss The Great Taking. I cannot stress enough how VERY REAL this is!”
Great Taking Panel | Red Pill Expo 2024
David Webb, State legislators from South Dakota and Tennessee and attorney’s Don and Better Grande discuss their efforts to stop the Great Taking!
Bill’s Commentary:
“As Erik writes, the rule of law is going, going, gone!”
The latest from Erik –
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Bill’s Commentary:
“Pesticides? How about the real elephant in the room?”
Fears of a cancer cover-up in state suffering mystery spike in tumors
A mystery surge in cancer in Iowa has been blamed on alcohol – but locals fear another major factor is being ignored or suppressed.
DailyMail.com visited Iowa and spoke to doctors and locals who had cancer themselves or knew of dozens who had, but one common thread stood out – none of them were heavy drinkers.
And while a report published in early 2024 highlighted alcohol as a major health concern, locals are trying to raise awareness about another contributor: agricultural chemicals – of which Iowa uses more than any other state.
Bill’s Commentary:
“So throwing money at individual properties is harder than propping up securities via futures directed at indices and ETFs?”
‘Ticking time bomb’: Plunging office values alarm Washington
Four and a half years after the pandemic sent workers home, the office property bill is finally coming due.
The market for office buildings — already reeling from higher vacancy rates amid the rise in remote-work policies — has been crushed by high borrowing costs, and while the Federal Reserve is at last preparing to cut interest rates, it may be too little, too late. Investors, banks and property owners are now beginning to accept that some commercial buildings will never recover their pre-pandemic value, and that’s leading to a steady drumbeat of distressed sales.
The market’s troubles have caught the attention of Congress — with one New York lawmaker calling it a “ticking time bomb” for banks as nearly $1 trillion in commercial real estate loans are coming due this year. Faced with vacant office buildings and a shortage of millions of homes to meet demand, a bipartisan group of lawmakers is trying to make it easier for developers to convert underused properties into housing.
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Bill’s Commentary:
“Is this even legal under The Constitution?”
Pentagon Activates Troops for 2024 Presidential Campaign Events
(Ken Silva, Headline USA) The Pentagon announced Thursday that the U.S. Northern Command will assist the Secret Service for the presidential and vice-presidential campaigns through Inauguration Day 2025.
“As part of this effort, the Department of Defense is providing the U.S. Secret Service with additional assistance including logistics, transportation and communications, through the 2024 campaign season,” Secret Service spokesman Guglielmi said in a Defense Department press release.
The Pentagon assistance comes as the Secret Service faces a reported 650-agent deficit for the United Nations General Assembly, which is scheduled to begin Sept. 10th in New York City. According to journalist Susan Crabtree, there are concerns in the Secret Service that the Pentagon’s soldiers don’t have proper training, and that their presence will create the perception that the U.S. has turned into a militarized police state.
Bill’s Commentary:
“Would you invest your capital in Brazil?”
Top Brazil court upholds ban of Musk’s X
Brazil’s Supreme Court has upheld a ban on social media platform X, formerly known as Twitter.
A majority of three out of five justices have already voted in favour of the measure, meaning the ban will stay in place even if the two remaining justices were to vote against it.
X has been suspended in Brazil since the early hours of Saturday after it failed to appoint a new legal representative in the country before a court-imposed deadline.
It is the culmination of a feud between Supreme Court Justice Alexandre de Moraes and X’s owner Elon Musk which began in April, when the judge ordered the suspension of dozens of accounts for allegedly spreading disinformation.
Bill’s Commentary:
“Imagine if the situation were reversed and they confiscated Air Force 1 and flew it back to Venezuela?”
U.S. ‘seizes Venezuela President Nicolas Maduro’s jet’ in the Dominican Republic
The U.S. has seized and brought Venezuelan President Nicolas Maduro’s airplane to Florida.
Multiple federal agencies involved in the seizure determined that acquisition of Maduro’s aircraft was in violation of U.S. sanctions, two U.S. officials disclosed to CNN.
The plane, described by officials as Venezuela’s Air Force One, was seized in the Dominican Republic and brought to the U.S. on Monday and marks the latest escalation with Maduro’s regime.
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Bill’s Commentary:
“Seems to be a trend? Have companies finally figured out that when they go woke they go broke? And if this is true, why are the “polls” so tight, people boycott woke companies but not woke politicians?”
Ford joins list of companies walking back DEI policies
Ford Motor is the latest company to walk back some of its commitments to diversity, equity and inclusion initiatives.
The automaker has taken “a fresh look” at its DEI policies and practices over the past year to take in to account the evolving “external and legal environment related to political and social issues,” according to an internal communication that was shared with global Ford employees and posted Wednesday on X by an anti-DEI activist. Ford confirmed the letter was authentic and said it had no additional comment on the matter.
Ford’s move follows retailer Tractor Supply, which one of the first major companies to stop its DEI efforts, as it severed ties earlier this summer with the Human Rights Campaign, an LGBTQ+ advocacy group, and retired DEI targets like boosting the number of employees of color at the manager level. Harley-Davidson, whose board of directors includes Ford CEO Jim Farley, also decided last week to stop consulting the HRC’s metric for treatment of LGBTQ+ employees and affirmed that it does not have a DEI function.
Bill’s Commentary:
“Sound familiar?”
The latest from USA Watchdog –
The Last Days are Dangerous Days – Jonathan Cahn
Nine-time, best-selling author and renowned Bible expert Jonathan Cahn has written a new book called “The Dragon’s Prophecy.” Cahn, who is a Christian, says many signs foretold in the Bible have happened or are happening now. Cahn says, “It says in the Bible that the end times or ‘The Last Days’ will be evil and dangerous times. You look at the Book of Revelation, you can see it, and all nations are going to be involved. . . . How do you know we are in “The Last Days”? The Bible says you will know it when Israel comes back into the world. That’s number one. When Israel comes to Jerusalem–number two. That’s where Jesus is coming. Number three: The whole world will be focused on the Middle East. You’ve got it. The whole world will be against Israel. You are getting there. There will be a great apostasy. People will be falling away from the faith. Well, that’s happening. Men will be lovers of themselves. Men will be unnatural. You’ve got it all now. And they will be persecuting the people of God. We’re there! God says he will shorten those days. Meaning, He (Jesus) will come, and He will interrupt them.”
Bill’s Commentary:
“This is how the Treasury becomes “unfunded” and forces the Fed to outright monetize… please read this carefully, the smoke and mirrors are there for you to see.”
How the Most Important Trade on Earth Falls Apart
If there’s one takeaway over the last few years it’s that, as none other than Zoltan Pozsar said in late 2022, the Fed put – the casus belli for intervention – is certainly not “dead”, but has changed from an explicit support for risk assets to an implied support for the increasingly delicate balance in the supply and demand of Treasuries.
And although we might question whether Powell really killed the Greenspan put or just deferred the responsibility over to Yellen and the Treasury, one thing is for sure: when there is panic in funding markets – specifically in Treasuries – officials shoot first then ask questions later. It is and has been, after all, America’s golden goose that links together the banking system.
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Bill is interviewed by Andrew Maguire – (Also posted under Interviews)
Bill’s Commentary:
“Ooops”
Fed minutes flag Treasury-market leverage as a risk to financial stability
Top Federal Reserve officials saw a number of vulnerabilities to the financial system worth monitoring as of last month, one of which has to do with the use of leverage in the Treasury market.
Minutes of the July 30-31 meeting of the policy-setting Federal Open Market Committee, released on Wednesday, said that participants regarded such leverage as a risk. Their comments came during the part of the committee’s discussion on financial stability, in which they also considered it important to monitor any developments regarding the Treasury market’s resiliency.
Bill’s Commentary:
“…Just say no to Idiocracy!”
Summer COVID surge shows we may have to return to 2020 pandemic measures
As summer 2024 draws to a close, the U.S. finds itself once again grappling with a surge in COVID-19 infections.
This wave has taken many people by surprise, particularly as the country has largely consigned the pandemic to the past. While public life has pretty much returned to pre-pandemic norms — something almost none of us would have believed in the summer of 2020 — the virus itself has not.
Mutations of the virus continue to occur, and new variants are emerging, posing ongoing challenges to public health and safety. As we look ahead to the remainder of 2024 and into early 2025, we need to take stock of where we are, understand the factors driving this resurgence and better anticipate how the pandemic might evolve.
Bill’s Commentary:
“He did not know his $400 million would sway the election in any manner? LAUGHABLE!”
Mark Zuckerberg ripped for claiming he didn’t realize $400M in ‘Zuck Bucks’ helped sway 2020 election for Biden
He’s sorry, not sorry.
Data geek Meta CEO Mark Zuckerberg claimed this week he didn’t realize $400 million he spent on “getting out the vote” in the 2020 election benefited one party over the other.
But Republican sources are skeptical that the Facebook boss was unaware his so-called “Zuck Bucks” — pledged to help finance fair local elections — were spent unevenly after being given to two known left-wing organizations.
Bill’s Commentary:
“Do you understand what this really means? Either incomes must go up close to 40%, or, housing prices must fall 33% to make the average home affordable to the average American. Which do you believe is more likely?”
Majority Of Americans Can No Longer Afford An Average House
Housing affordability in the United States has taken a sharp turn for the worse in recent years, as house prices surged to historical highs during and after the pandemic and mortgage rates have risen steeply over the past three years, as the Fed tried to rein in inflation.
It all began with a surge in demand for houses during the Covid-19 pandemic, when many Americans, flush with cash from government stimulus checks, reevaluated their living situation and sought more space amid stay-at-home orders and the sudden possibility of remote work. Further fueling demand were the historically low mortgage rates after the Fed had slashed interest rates to near zero at the onset of the pandemic.
Bill’s Commentary:
“Erik on supply and demand, free money and other scary topics.”
The latest from Erik –
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Bill’s Commentary:
“We don’t need no stinkin’ economy as long as we have the Dow Jones!”
U.S. has more 401(k) millionaires than ever, report shows
The number of “401(k) millionaires” — 401(k) plan participants with balances of at least $1 million — has reached a record high, new data from Fidelity Investments shows.
As of June, there were roughly 497,000 so-called retirement-created millionaires in the U.S., according to the wealth management firm, which analyzed balances across 26,000 of its customers’ accounts. Nearly 399,000 Americans also have a least $1 million in an individual retirement account.
The key to stashing away such sums? Start early and contribute to your retirement plan consistently over many years, Fidelity said.
Bill’s Commentary:
“If we even have an election?”
Director at Big Data Poll Richard Baris explained in a post on X why Garland’s comments are so alarming.
“This is what 50% of the country heard from Garland. ‘We’re gonna steal this election and if you try to fight us, we’ll put you in prison.’ God this country is totally corrupt,” he wrote.”
Garland Makes An Example Of J6 Protesters To Shut Up Anyone Else Who Might Question Elections
Attorney General Merrick Garland boasted on Friday how his office has prosecuted nearly 1,500 Americans for protesting the 2020 election, warning others they may face similar lawfare should they raise any concerns about the administration of the upcoming November election.
Speaking at a press briefing, Garland essentially said the Jan. 6 prosecutions should serve to remind Americans what happens if they raise questions about an election.
Bill’s Commentary:
“Some good stuff here! I must say, whenever I used the terms Mad Max of Civil War, people called me crazy. I guess he gets to say this because he is a billionaire and I’m not? No matter, it sounds pretty correct to me.”
COUNTDOWN TO CRISIS, CATASTROPHE AND COLLAPSE
Trying to decipher the path ahead becomes more difficult by the day. We are purposefully bombarded with misinformation, disinformation, and propaganda by the ruling class, designed to distract us from their real purpose, real agenda, and real plans to imprison us in their techno-gulag, eating zee bugs in our container sized hovels, using our government issued CBDCs to subsist, unless we dared to question the approved narrative – resulting in our social credit rating dropping into the domestic terrorist zone – getting us banned and shunned from society. This is the New World Order the Davos crowd has designed and will implement as a Great Reset, if they succeed in retaining and increasing control over the U.S. and the rest of the Western World in the next six months.
Bill’s Commentary:
“If the LA Times says it’s nuts, it must be nuts!”
California lawmakers approve bill to extend home mortgage aid to undocumented immigrants
The California Assembly gave final appoval Wednesday to a bill that could help undocumented immigrants in California buy homes, despite opposition from Republicans who said it would encourage more Mexican immigrants to cross the border illegally.
Elon Musk went as far as posting on his social platform X that “half of Earth should move to California, given all the incentives to do so.”
Assembly Bill 1840, which now goes to Gov. Gavin Newsom’s desk, would allow undocumented immigrants to apply alongside other qualified applicants for the California Dream for All Shared Appreciation Loans program. The program offers no-interest loans of up to $150,000 to cover down payments and fees.
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Bill’s interview with Coffee and a Mike – (Also posted under Interviews)
Bill’s Commentary:
“The Bank of England feels the need to give this warning?”
Big UK banks need to do more to be ready for potential failure, says Bank of England
The Bank of England has told big UK banks including Barclays and Standard Chartered that they need to improve their preparations for a potential failure as it pushes banks to rapidly assess their financial position to prevent social media speculation sparking consumer panic.
The findings were part of the Bank’s second assessment of whether banks could “safely” shut down without destabilising the financial system or immediately requiring taxpayer cash.
The review – which covered Barclays, HSBC, Lloyds Banking Group, Nationwide, NatWest Group, Santander UK, Standard Chartered and Virgin Money UK – is meant to identify any shortfalls that could lead to a repeat of the 2008 financial crisis, which forced the UK government to spend £137bn to steady the banking system.
Bill’s Commentary:
“RINOs on an acid trip?”
It’s A Bipartisan Miracle! Over 200 Bush, McCain, Romney Aides Endorse Harris
For your daily reminder that the establishment is one big club (and you ain’t in it!)…
…more than 200 former aides to George W. Bush, Sen. John McCain, and Mitt Romney have offered their full-throated support for Vice President Kamala Harris. According to The Hill, most of the group also endorsed President Biden in 2020.
Bill’s Commentary:
“This is because you are not paying enough taxes…”
No U.S. Navy Aircraft Carriers Deployed in the Pacific
The U.S. Navy is facing a shortfall of deployed carriers in the Pacific as the buildup in the Middle East continues. The lack of carriers has left a critical gap in the West Pacific.
The departure of USS Abraham Lincoln coincides with the change in homeport of USS Ronald Reagan (CVN 76) from Yokosuka, Japan to Bremerton, Washington. The Ronald Reagan‘s replacement, the USS George Washington (CVN 73) still in San Diego on a scheduled port visit.
The U.S. Navy’s other Pacific-based carriers are in port or in their maintenance availability period. Out of six carriers in the Pacific, the USS Carl Vinson recently participated in RIMPAC 2024, the USS Nimitz recently completed a six month planned incremental availability period for maintenance, the USS Ronald Reagan recently completed a homeport shift to Naval Base Kitsap, and the USS George Washington will remain in San Diego until the crew and equipment swap from USS Ronald Reagan is complete.
Bill’s Commentary:
“An angry but spot on Erik!”
The latest from Erik –
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