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Can U.S. Treasury Secretary Janet Yellen sing? And if she can carry a tune, does she know the words to “Brother can you spare a dime?” (Photo by Alex Wong/Getty Images) Can U.S. Treasury Secretary Janet Yellen sing? And if she can carry a tune, does she know the words to “Brother can you spare a dime?”
At the height of the Great Depression that song, written by Yip Harburg, became a grim national anthem as unemployment soared, the economy cratered and the American dream was crushed for middle class citizens and those aspiring to be so. The lyrics reflected the desperation of panhandlers living in Central Park who had lost everything, including hope. It may well turn out to be the song sung during the next three years as we fall into the dangerous financial abyss of a self-described “progressive” agenda that would place a staggering multi-trillion dollar debt on the nation.
Yellen’s pursuit of new revenue to fund Biden’s mega deficit literally knows no boundaries. Before the Senate Banking, Housing, and Urban Development Committee, Yellen was forced to defend the Administration’s unconscionable proposal that would require banks to disclose every financial transaction over $600 to the Internal Revenue Service.
An outraged U.S. Senator Cynthia Lummis asked , “Do you distrust the American people so much that you need to know when they bought a couch? Or a cow?”
Yellen’s various proposals are a chilling overreach that reveals the corrosive intrusion of a sneering anti-capitalist agenda. Yellen’s next steps could easily be the creation of a Profit Posse that would track down any transaction by anyone that could conceivably be taxed, confiscated or penalized. The ghosts of commissars interred in the former Soviet Union would smile in approval.
The Treasury Secretary’s words reveal much about the Administration’s growth-killing ideology — which has abandoned much of Europe to economic stagnation — and its pursuit of a multi-trillion social welfare budget, when she says , “We’ve grown used to America as the world’s pre-eminent economic power…. We aren’t destined to stay that way , but with these investments, I believe we will.”
Yellen clearly echoes the […]
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They’re Trying to Shut Us Down
Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.
For us to continue to deliver the truth that Americans need to read and hear, we ask you, our amazing audience, for financial assistance. We have a Giving Fuel page to help us pay the bills. It’s brand new so don’t be discouraged by the lack of donations there. It’s a funny reality that the fewer the donations that have been made, the less likely people are willing to donate to it. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps there’s a reason others haven’t been donating. In our situation, we’re just getting started so please don’t be shy if you have the means to help.
Thank you and God bless!
JD Rucker