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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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We Often Feel Like David Taking on Giants
Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.
Our mission is very straightforward: To counter the false narratives and nefarious agendas destroying America today. It isn’t easy for obvious reasons; despite incredible growth over the last year we are still a very tiny fish in a huge media pond. But we’re fighting and we will continue to do so, Lord willing, for as long as we possibly can. The battle for America’s present and future is too important for us to back down to the giants that stand in our way.
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