Americans have added $2.3 Trillion to their savings during the two years of the Covid-19 pandemic. How can that be?
Think back to the Great Depression in the 1930s. Even with a lot of new government programs to support the unemployed, which peaked at 25%, do you think an average American had more in savings in 1939 than 1929?
Two years ago, the Feds started printing a few Trillion dollars and sent it out to individuals and states whether they needed it or not. Yes, at Food Pantries there were long lines of cars (including many late model vehicles) with families who ran out of food and money. Many Americans live paycheck to paycheck, but too many SPEND paycheck to paycheck. There were also a lot of fraudulent payments.
Many states have a surplus despite two years of Covid expenses. How? Again, the federal government passed out too much “printing-press money.” More than the states needed. One result is 7% inflation. That’s what happens when the government prints money and gives it to people who aren’t producing. With more money and fewer products to buy, the price goes up.
I have friends who have insisted since mid-November 2020 that the election was rigged against Trump. I have consistently resisted because recounts and other in-depth analysis in swing states verified the original count.
But no longer.
It is clear that if the incriminating details discovered on Hunter Biden’s laptop computer a few weeks before the election had been widely reported, Joe Biden would have lost to President Trump. The New York Post published the full news article immediately. This week, 17 months after the news broke, the New York Times admitted the computer has details about Joe Biden’s financial gains from China and other countries. Almost all of our major news sources (TV Networks, newspapers, NPR, Twitter, Facebook, Google…) ignored this news story. Not only ignored it, they vigorously downplayed it and blocked any comments about it. Called it a Russian hoax.
Even worse, fifty top former leaders of our Intelligence Agencies (CIA, FBI, etc.) signed a letter confirming that all the damning evidence on Hunter Biden’s laptop computer was secretly put there by Russian supporters of Trump. Not one of those prominent broadcasters or Intel officials has apologized.
In the Presidential Debate on October 22, 2020, President Trump challenged Joe Biden with information from the laptop, “You made $3.5 million (from China), and your son gave 10% to the big man. You’re the big man.” Biden replied, “I have not taken a penny from any foreign source ever in my life.” Evidence on Hunter’s computer, which would have been easy for a journalist to verify, was never checked out and reported by a major news source, except Fox News.
I’m glad to see so much support for President Zelensky for the Nobel Peace Prize. No one else should even be nominated. And if they are, they should ask to have their name withdrawn.
Zelensky says he will not give up any land to Russia. Putin ordered that he give up Mariupol, a city the size of Miami. Zelensky essentially said, “Nuts!” (Remember General McAuliffe’s reply in WWII.)
I can understand the reluctance of NATO and specifically the US, to challenge a ruthless, war criminal who threatens to use his supply of nuclear weapons. Three weeks after Putin invaded Ukraine, the aid going to Ukraine seems aimed at delaying the loss rather than defeating Putin. Instead, the leaders of the Free World should be aggressive, “Ukraine wins, Putin loses.”
The atrocities by Putin are unforgivable: killing women and children, forcing millions to leave the country, randomly destroying property, and ruining farmland.
Remember this Will Rogers quote, “Governments change, but the people remain the same.” Ukraine will still be there long after Putin is deposed. And Xi Jinping, the Communist dictator in China, had better remember that quote before he invades Taiwan. In 1949 the reason Chiang Kai-shek moved his government, the Army, and a lot of people to Formosa (now Taiwan) was they did not want to live under Mao Zedong’s Communist rule. They hated Communism. Those Chinese Nationalists thrived! And they still hate Communism.
Historic quote by Will Rogers:
“I would like to state to the readers of THE NEW YORK TIMES that I am in no way responsible for the editorial or political policy of this paper. I allow them free reign as to their opinion, so long as it is within the bounds of good subscription gathering. But I want it distinctly understood that their policy may be in direct contrast to mine.” DT #1979, Dec. 7, 1932