1-30-2021 Vol 1 Issue 6
Politics: Construction is underway for a permanent wall around the capital building and the presence of national guard troops is being extended suggesting a permanent post in the nation’s capital.
A bill was brought before congress to turn Washington DC into a state allowing for two more senators.
An executive order signed 3 days into the new administration cancelled all funding for the border wall between the US and Mexico.
Redditors use Robinhood to kill Hedge Funds
A few days ago, the story broke of a group on Reddit pooling their money together to buy up stocks like Gamestop in order to drive the price up. The stocks were hovering around $3-4 per share and once the buying started it quickly rose. Several hedge funds had shorted the stock, betting that it would drop even further or that the company would go out of business, in doing so they shorted 140% of the stock available. This is illegal. Since the stock went up to almost $500 per share the Hedge funds were obligated to buy the stocks back for the new price costing them billions of dollars. Once it was learned that the Robinhood app was being used to buy the stocks and drive the price up, Robinhood ceased all buying of the stock and traders could only sell in an effort to drive the price down, taking the debt off that hedge funds. Most traders kept their stock, maintaining the price around $350. Robinhood has a partnership with the hedge fund group Citadel who is close to losing $1billion dollars due to Gamestop trading through Robinhood. The reddit page that this was organized on was taken down for hate speech. Currently the total loss for hedge funds is around 75 billion dollars and rumors are spreading that the Redditors are now looking at gold and silver which they presume to be undervalued.
To make matters more interesting, the new Treasury Secretary, Janet Yelling, was paid $810,000 to do a 45 min speech for one of the hedge funds connected to the Gamestop debacle. When the White house was asked about the obvious conflict of interest the response was “she is the first woman secretary of treasury.”
The End of Big Oil
The leasing of Federal land to oil companies was halted by the Biden administration. In the last four years the US became the largest producer of oil in the world. The excessive pumping of oil by Saudi Arabia and Russia drove the price down to almost negative numbers in early 2020. Now that fracking operations have come to a close and the life span of a fracking site is 1-3 years the time of oil dominance by the US is gone. Gas has already risen to $2.50 a gallon in Michigan and I expect it to go higher has demand rises from the reduction of lockdowns and economies opening back up. The price of oil will increase and the US will be back to importing what we need to use with an increased cost due to less oil on the market.
Gold: $1,849.80 troy ounce
Silver: $27.06 troy ounce
Platinum: $1,079.80 troy ounce
Copper: $3.54 pound
US National Debt: $27,852,667,000,000
Debt per citizen: $84,125
Food: Under one of the 42 new executive orders signed by President Biden 30% of all land in the United States will be preserve for wildlife by 2030. Included in this order is the authorization for farmers to be paid to not use their farmland and allow it to return to nature.
This is a copy of the law passed by Boris Johnson in the UK that would mandate 30% of the British Isles turned into a wildlife refuge. The island country is already limited as to how much food they can grow for their population. By using fossil fuels, they can produce enough food to feed 10 million people. The current population is 66.65 million and most trade has been cut off from the EU due to covid-19 restrictions and Brexit.
This comes at a time when all grains are in short supply especially soy. The department of agriculture adjusted their books for how much soy is in the US and it is less than originally anticipated. Currently, China is buying from the US and where ever they can find soy available. The crops that were expected out of south America fell short when a La Nina caused a drought for the season and no soy was grown.
What to Expect in the Coming Years
Biden has been president for just over a week as I write this and already 42 executive orders have been signed. Included in those orders is the theft of land to be turned into a wildlife refuge, the termination of oil companies in the US, and more surveillance on US citizens. Washington DC is occupied by National Guard troops and an increased level of law enforcement. The most popular president ever elected is acting like the president of Somalia who is not in control of his own country. More money is being printed to keep things moving and more lockdown measures appear to be coming our way while some states open back up. There is a game being played with the American people and we never asked to be a part of it. While the democrats are in power of the white house, senate, and house they act like they are at war with half of the country. People who do not follow their political ideology are labeled as domestic terrorist and some people are losing their jobs for having accounts on Parler and Gab.
A crunch is coming and it will come from all angles. With the loss of jobs many people will become dependent on the government for income. With less food national rationing will become a new policy while the production of food will be regulated to cause the shortage. Look forward to mandatory gun buy backs. Hunting will be regulated to the point that most people can’t afford the fees. Land will be seized by the government as the taxes rise. Welcome to the social credit score. With monetary transactions turning more towards digit currency how much a person receives or is allowed to spend will be dictated by the thought police. If you say something wrong in a conversation you could see you balance go to zero. We have already seen this with the cancellation of Trump as he is integrated back into normal society.
The fascist state is here and we should not be surprised it is brought to us by the same people who claim to be anti-fascist. A puppet sits in the white house signing papers presented to him as the rest of the staff waits for him to die. John Kerry wasn’t kidding when he said that the new administration would roll out the great reset at lighting speed and with nobody to question these orders. The only way to override an executive order is for congress to vote it down afterwards. With the Dems holding the senate and the house the executive orders will remain laws and the rest of congress will sit with their thumbs up their butts like the useless idiots they are. If they really want to do a great reset they could start with themselves.