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Russian President Vladimir Putin received a ceremonial welcome in Beijing during a state visit to China on Thursday.  Putin met with his Chinese counterpart Xi Jinping on his first foreign trip since he was sworn in for […]

The post Xi Jinping Rolls Out Red Carpet For Vladimir Putin During Visit To China appeared first on The People’s Voice.

Geert Wilders’s Dutch Coalition government has pledged the strictest-ever’ migration policy in the Netherlands. The conservative leader vowed to implement his country’s “strictest ever” asylum policy after he finally reached a coalition agreement to form […]

The post Dutch Coalition Leader Warns Illegals Will Be Removed ‘By Force’ appeared first on The People’s Voice.

‘Clearly President Biden and his advisors fear releasing the audio recordings of his interview because it will again reaffirm to the American people that President Biden’s mental state in in decline,’ says House Judiciary Committee chair Rep. James Comer (R-Ky.)

Joe Biden’s Justice Department is preventing the release of audio from his interview with Special Counsel Robert Hur, citing executive privilege on Thursday for keeping the interview out of Republicans’ hands.

ABC News reports the DOJ expects the move to help shield Biden Attorney General Merrick Garland from “criminal exposure” as Republicans attempt to hold him in contempt of Congress.

However, the audio could give Republicans ammunition to use against Biden, as Special Counsel Hur’s report depicted the 81-year-old president as having memory problems, and ultimately concluded he wouldn’t recommend charges because a jury would see him as “an elderly man with a poor memory.”

Special Counsel Robert Hur testifies during House Judiciary Committee Hearing on March 12, 2024 in Washington, D.C. (Photo by Ricky Carioti/The Washington Post via Getty Images)

The DOJ claims it’s worked with Republicans throughout the investigation, however, it argued releasing the audio could set “an untenable precedent where high-profile figures under criminal scrutiny would second-guess cooperating with the government in the future,” reports ABC News.

In a statement, Assistant Attorney General Carlos Uriarte wrote, “The Attorney General must draw a line that safeguards the Department from improper political influence and protects our principles, our law enforcement work, and the people who carry out that work independently, without fear or favor.”

“The Committees seek to hold the Attorney General in contempt not for failing in his duties, but for upholding them,” Uriarte added, highlighting DOJ policies “held by administrations of both parties that an official who asserts the President’s claim of executive privilege cannot be prosecuted for criminal contempt of Congress.”

Attorney General Garland also defended the move Thursday, telling reporters, “We have gone to extraordinary lengths to ensure that the committees get responses to their legitimate requests, but this is not one… To the contrary, this is one that would harm or ability in the future to successfully pursue sensitive investigations.”

“There have been a series of unprecedented and frankly, unfounded attacks on the Justice Department,” Garland continued. “This effort to use contempt as an as a method of obtaining our sensitive law enforcement files is just the most recent. The effort to threaten to defund our investigations and the way in which there are contributions to an atmosphere that puts our agents and prosecutors at risk — these are wrong.”

House Judiciary Committee chairman Rep. James Comer (R-Ky.) railed against the department’s use of executive privilege, calling it a “hail mary” attempt to block the contempt charge.

“It’s a five-alarm fire at the White House,” Comer wrote in a statement released on X. “Clearly President Biden and his advisors fear releasing the audio recordings of his interview because it will again reaffirm to the American people that President Biden’s mental state in in decline.”

Regardless of whether the audio is released, Rep. James Comer (R-Ky.) says the Republican-led House Judiciary Committee has enough votes to hold Garland in contempt.

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‘Mayor Pete, you are the worst ever. You suck at your job!’ shouted the comedian.

BlazeTV host Alex Stein saw Biden administration Transportation Secretary Pete Buttigieg at an airport and decided to let him know he’s doing a terrible job.

Getting Pete’s attention, Stein asked, “Mayor Pete, are you the gayest guy ever?”

“Dude, the transportation sucks, Mayor Peter. Mayor Pete you suck. Mayor Pete, you are the worst ever. You suck at your job! Transportation sucks, Boeing is crashing,” he shouted at Pete.

Surprised by the chance encounter, Stein told his camera, “Dude, Pete booty judge. Pete booty juice.”

The Biden official was also previously confronted by reporter Savanah Hernandez.

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Trillions of debt and trillions of deficit spending are the worst habits a country could have, and it inevitably undermines its currency.

Peter recently appeared on the Bald Guy Money show for a conversation on gold’s role in American and global politics, the influence of the BRICS coalition on metals markets, and, as always these days, the disastrous monetary policy coming out of the Fed. 

Peter and Roger start their conversation by discussing how unlikely it is that the Fed can wrangle inflation under 2% anytime soon:

“I think the markets right now still are harboring this fantasy that a return to 2% inflation is possible. In fact, if you look at the breakevens on 30 year treasuries and tips, investors are expecting inflation to average 2.3% for the next 30 years. That is a complete pipe dream that that’s going to happen! You know the low inflation that we’ve had since the ‘08 financial crisis? That’s an aberration. That’s the exception, not the rule. You look at the 40 years before the 2008 financial crisis— inflation averaged close to 5% a year.”

America’s monetary recklessness comes at the expense of other economies’ performance. For them, abandoning the dollar as the reserve currency will prove beneficial in the long run:

“The world has to live beneath its means to enable Americans to live beyond their means. The rest of the world has to under-consume and save and then make that available to the U.S. and finance these huge trade deficits that we have with everybody. This is causing all sorts of problems— not only the drain on the resources of these economies, but by keeping interest rates artificially low to help sustain the dollar, they also end up with asset bubbles and misallocation of resources, and they screw up their own economy. So we’re exporting our bad monetary policy all around the world, and I think the sooner the world rejects the dollar as a reserve currency and moves on to sound money, the better off they’re going to be.”

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Trillions of debt and trillions of deficit spending are the worst habits a country could have, and it inevitably undermines its currency:

“It’s like somebody that’s smoking cigarettes, and the doctor says, ‘You know you’ve got to quit those cigarettes. You’re going to get cancer!’ But they keep smoking, and they don’t have cancer. They don’t quit until they go to the doctor and he says, ‘Oh you know what? You’ve got cancer!’ And then it’s like, ‘Oh shoot, I better quit smoking!’ Well, it’s a little late for that, right? You should have quit a long time ago, but you think, ‘Well, I haven’t developed cancer yet, so I guess I can keep smoking.’ By the time we get the crisis, it’s too late to fix it.”

The only way to restore the economy to good health is to go cold turkey on debt, deficit spending, and money printing. With an election coming up, Biden and Powell have no incentive to do this. If anything, they’ll keep the economy addicted to debt until the cancer of inflation kills the dollar.

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EMERGENCY FINANCIAL NEWS: Economist Warns The Collapse Has Already Begun – Will Be Worse Than The Great Depression

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New York and California have become the dark dystopia Orwell described in 1984. Why does anyone stay?

Those who have declared residency in another state cannot spend even a minute beyond the allowed time in either high tax New York or California. And, Big Brother is watching. George Orwell could not conjure up a more diabolical tale than the Bloomberg story penned by Laura Nahmias and Eliyahu Kamisher.

“The minute you file a partial return you’re going to hear from New York state,” said Jonathan Mariner, who created TaxDay, an app that tracks users’ locations so they don’t overstay the threshold of days that would trigger residency status, which is typically 184 (for irony, slip a nine in after the one).

So for the really rich, a misplaced day in New York (or on the other coast, California) can mean millions lost to the tax authority. How serious is this? Nahmias and Kamisher write, “State officials are stepping up already-intense scrutiny to make sure former residents have actually moved. It’s a complex operation that involves cutting-edge artificial intelligence and tracking everything from travel to the location of people’s pets.”

Those who earn a million dollars a year or more have been fleeing New York (top state tax rate 10.9 percent) in droves since 2019, and the state can’t do without the income tax these high earners paid. Residency audits have been instituted. “New York’s auditors closely watch travel and apply a standard known as ‘the teddy bear test,’ looking to see where individuals keep their most cherished possessions to determine whether a home is their primary residence,” write the pair from Bloomberg.

“I’ve had cases that have hinged on a single dog,” Mark Klein, a tax attorney at Hodgson Russ told Bloomberg. “And I had a case once that was based on the fact that the person moved their Peloton bicycle to Florida.”

Klein compares a New York tax audit to a colonoscopy. Except taxpayers remain awake, one supposes.

The state of New York collected roughly $1 billion between 2013 and 2017 from fifteen thousand audits. The Bloomberg scribes say the Golden State is not as draconian as New York. Or in their words, “the scale and complexity of its residency audit operation” is not on a level with New York. But California collected $85 million in residency audit income last year through November, the largest single-year tally in at least a decade.

As in Orwell’s totalitarian superstate Oceania, time and history are manipulated in New York to create chaos and allow state manipulation. You’ve heard the expression “New York minute.” Well, now state tax bureaucrats define a few hours as a New York day. If you stop for lunch while driving through the state, the taxing authority considers that a day. A quick visit to a doctor in New York City is counted as a day by the state taxing authority.

If you live in New York, you are considered a resident for tax purposes, paying levies on income from every source, even those outside the state. However, New York authorities consider someone a resident even if they don’t live there, as long as they’ve spent more than 183 days in New York and maintain a “permanent place of abode,” which could simply be a vacation home.

“Even though you have a Florida driver’s license, Florida voting record, Florida home, it does not matter,” said Mariner, who created his app after facing his own residency audit after moving to the Sunshine State. “You could be on vacation in New York, and they’ll pull you back in.”

There are three hundred auditors chasing the rich for New York’s Department of Taxation and Finance, and they are celebrated for their exhaustiveness.

“Bank records, phone bills and family photos are under the microscope. Auditors are backed up by sophisticated artificial intelligence-fueled tax monitoring systems that flag inconsistencies in returns,” write the authors from Bloomberg.

On the left coast, former California (top state tax rate 14.4 percent) tax auditor Chris Parker told Bloomberg, “People who moved to another state are not criminals because of their move, and yet they are regularly treated like such.”

“We are incredibly reliant on New York’s high earners for our income tax revenue,” Amanda Hiller, New York’s acting tax commissioner, told an audience of civic leaders. Ms. Hiller claims the state doesn’t know whether millionaires are leaving because of the state’s high tax rates. Are they studying the matter closely?

New York and California have become the dark dystopia Orwell described in 1984. Why does anyone stay?

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EMERGENCY FINANCIAL NEWS: Economist Warns The Collapse Has Already Begun – Will Be Worse Than The Great Depression

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