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Trillions of dollars slosh around to pay for social justice priorities with no increased taxes and a relatively small price to pay in inflation—so far. Since 2008, the debt has grown to over 125 percent of GDP and only now are we talking about spending a few billion on roads and infrastructure. Otherwise, the money has washed over this nation, with few things of value returning to the taxpayers. With approximately 40 percent of the federal budget coming from newly printed money, Congress exercises budget discipline the way Hunter might during a weekend bender in Vegas.
There’s no reason to be spending so much money right now. The justifications for “temporary” surges in federal spending have been forgotten as the money gushes on. Only one force remains to block an endless welfare state: math.
The Federal Reserve, gatekeeper of the money supply, has finally acknowledged that there is no longer any justification to continue buying government bonds with newly printed dollars. It has now promised to begin “tapering” the gusher this November. Inflation, which the Fed laughably calls “transitory,” has begun a pincer squeeze on the economy. On one side, we have rising prices obvious to everyone. Less obvious from the other side are the shortages resulting from underpricing goods and services. Labor, chip, shipping, and manufactured goods shortages are all squeezing the purchasing power of the consumer.
Numerical reality says you can’t run a debt that’s 125 percent of GDP and expect nothing to happen. When math awakens from her slumber, she will correct the imbalances to terrifying effect.
The Federal Reserve has kept interest rates low for the U.S. debt by buying treasuries. When the Fed stops buying treasuries, the government will get less money for its IOUs. When it gets less money for its IOUs, it has to print more IOUs. When more IOUs flood the auctions, the supply outstrips the demand resulting in even less money for each IOU. More debt for less money means that at some point, the interest payments start to become more than the money raised on taxes. The government will reach a black hole, […]
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Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker