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Biden and Dems Want a Global Cartel to Set a One-World Corporate Tax Rate. And Republicans Are Going to Help.

Written on . Posted in PT Global Economy.

PJ Media: If you want to stick it to big corporations and rein in their real or perceived abuses, use your political prowess and the laws of your own sovereign country to do it. Instead, the Biden administration wants to sidestep this responsibility and cede U.S. corporate tax policy to create a new global corporate tax rate. Price-fixing tax rates, if you will, would make it harder for companies to jump to cheaper countries to do business. Instead of competition, this group of nations seeks to make businesses their captives.

This is not tax policy, it’s the establishment of a cartel.

It’s not lessening income inequality—one of the reasons given for this socialistic move toward, dare I say it, a global government—it’s intended to enrich government. 

This one-world tax plan would kill competition and make the 130 countries that have so far signed on—there are only 169 recognized countries in the world—a one-world-ish cartel where individual liberty would take a back seat to corporate liabilities.

Ironically, The Washington Post, whose owner is one of the biggest oligarchs in the world, sounds positively giddy about the plan. Read More

Israeli breakthrough could mean miracle for organ transplants

Written on . Posted in PT Middle East.

YNet News: A new Israeli breakthrough could see humans successfully receiving animal organs, effectively ending the shortage of viable organs faced by millions of people all over the world.

“… And in you all the families of the earth shall be blessed.” Genesis 12:3

Researchers at Rabin Medical Center in Petah Tikva, led by Dr. Shahar Cohen, have developed a new method of stabilizing the blood supply to transplanted organs that could pave the way for humans to receive kidneys, livers, lungs, hearts and pancreases from pigs.

Under the new method, blood cells that come with the donated organ are removed and replaced by human blood cells created from placenta-based progenitor cells, which like stem cells can develop into a desired form of cell. 

The research was released this week in the prestigious Scientific Reports journal published by the Nature Portfolio. Read More

Hidden on Page 9 of Biden’s conservation plan is a land grab, governors warn

Written on . Posted in PT World Order.

WND: “This land is your land, this land is the federal government’s land, from California to the New York island,” the Woody Guthrie tune goes.

Wait, what?

You read that right. The Biden administration’s conservation plan is raising serious concerns that the federal government really just wants to control more land nationwide.

“The earth is the Lord‘s, and the fulness thereof; the world, and they that dwell therein. For he hath founded it upon the seas, and established it upon the floods. Psalm”  24:1-2

The plan vaguely outlines a goal to “conserve” 30 percent of land in the United States by 2030 to combat the “climate crisis.”

Transportation Secretary Pete Buttigieg speaks during an event to commemorate Pride Month, in the East Room of the White House on June 25, 2021.

President Joe Biden issued an executive order in January entitled “Tackling the Climate Crisis at Home and Abroad.” Read More

Canadian COVID-19 field hospital which didn’t treat a single patient to be shut down

Written on . Posted in PT World Order.

LifeSite News: A “last resort” field hospital set up in Canada’s Ontario province to treat overflow COVID-19 patients was ordered to be shut down last month because the military-style facility had not been needed to treat a single patient.

According to a report by Canada’s CBC News, the Ontario Ministry of Health sent out a staff memo June 30 ordering the field hospital, set up by Hamilton Health Sciences (HHS), to close its doors immediately.

HHS public relations specialist Wendy Stewart affirmed that the facility, which was opened May 31 and equipped to treat up to 80 patients in eight tents, never treated a single one. She said the unit will be taken down by early September. Read More

 

Inflation Bombshell: A Market-Based PCE House Rent Measure May Be Coming

Written on . Posted in PT Global Economy.

Zero Hedge: The Bureau of Economic Analysis (BEA) is researching the shortcomings of the owner’s rent price index it gets from the Bureau of Labor Statistics (BLS) consumer price index as it plans to change its source data for housing services in the GDP accounts. Shifting to a market-based measure of owners’ rents in the PCE inflation measure would be an inflation bombshell.

“Ye have sown much, and bring in little; ye eat, but ye have not enough; ye drink, but ye are not filled with drink; ye clothe yourselves, but there is none warm; and he that earneth wages, earneth wages to put it into a bag with holes.” Haggai KJV

Assuming everything else equal, a market-based measure of owners’ rents would permanently lift the PCE inflation, especially during expansions and the dwindling supply of homes for rent, and put an end to the Fed’s elusive chase for 2% inflation.

The level of official rates would be markedly higher and sit above inflation rather than below. Could a simple change in the measurement of reported inflation end the decades-long bull market in bonds and equities?

The Bureau of Economic Analysis (BEA) is researching the shortcomings of the owner’s rent price index it gets from the Bureau of Labor Statistics (BLS) consumer price index as it plans to change its source data for housing services in the GDP accounts. Shifting to a market-based measure of owners’ rents in the PCE inflation measure would be an inflation bombshell.  Read More

Squad Member Takes ‘Defund the Police’ to a Terrifying New Level

Written on . Posted in PT World Order.

PJ Media: Even as the Joe Biden White House tries to accuse Republicans of “defunding the police,” some Democrats want to slash funding not only for cops on the beat but also for officers at the border — in the middle of a border crisis! Rep. Rashida Tlaib (D-Mich.), one of the members of Alexandria Ocasio-Cortez’s infamous “squad,” called for the effective elimination of Customs and Border Patrol (CBP), Immigration and Customs Enforcement (ICE), and the entire Department of Homeland Security (DHS).

“We must eliminate funding for CPB [sic], ICE, and their parent organization, DHS,” Tlaib said. “Time after time, we have seen it… that these agencies are inept at humanely guiding migrants through our immigration system. Instead, they further continue to terrorize migrant communities located within our communities.”

The Republican National Committee (RNC) shared a video of Tlaib’s remarks.

 Read More

Consumer Credit Soars Most On Record As Credit Card Borrowings Explode

Written on . Posted in PT Global Economy.

Zero Hedge: The American consumer is making a triumphal return.

After several months of subdued increases in consumer credit, moments ago the Fed reported that in May, total consumer credit surged by the most on record, soaring by $35.28 billion, nearly double the consensus estimate of $18 billion and sharply higher from last months’ $20.04 billion. The monthly increase was a whopping 10% SAAR, pushing the total to a new record high of $4.279 trillion.

“For the Lord your God will bless you just as He promised you; you shall lend to many nations, but you shall not borrow; you shall reign over many nations, but they shall not reign over you.” Deut. 15:6

What was behind the surge? Well, one month after we noted a surprising dip in credit card usage in April, in May Americans went all out, and splurged, pushing revolving credit, i.e., credit card debt, higher by a whopping $9.2 billion, the biggest monthly increase since December 2019, and pushing total revolving debt to $974.6 billion.

In light of this indiscriminate desire to “charge it”, one can’t really blame Wells Fargo for doing away with lines of credit: just give Americans credit cards and charge them a juicy 20% APR on all future purchases. Read More

Palestinian Authority official: No relation between Israel and Jews

Written on . Posted in PT Middle East.

Arutz Sheva: Palestinian Authority official Mohammad Shtayyeh explained this week in a speech to members of the Fatah party how he thinks the narrative against Israel should be presented.

“In the same day the Lord made a covenant with Abram, saying, Unto thy seed have I given this land, from the river of Egypt unto the great river, the river Euphrates.” Genesis 15-18

He asked those present to engineer the public consciousness in a way that would clarify the difference between the Jewish people and the State of Israel.

“To fight the narrative, one has to understand that clearly, the Hebrews, the Jews, and the Israelis are not the same thing.” said Shtayyeh in a video translated by Mechon Mamre. Read More

HHS chief: ‘Absolutely the government’s business’ if people not vaccinated

Written on . Posted in PT World Order.

WMD: Amid criticism of President Biden’s plan to dispatch door-to-door teams targeting “vaccine hesitant” Americans, Health and Human Services Secretary Xavier Becerra insisted it’s “absolutely” the government’s right to know who has not been vaccinated.

“Woe to those who decree unrighteous decrees, Who write misfortune, Which they have prescribed To rob the needy of justice …” Isaiah 10:1-2

On CNN’s “New Day” on Thursday, co-host Brianna Keilar asked the HHS chief: “I wonder if you can answer that criticism:’It’s none of the government’s business knowing who has or hasn’t been vaccinated.’ What do you say?”

“The federal government has had to spend trillions of dollars to try to keep Americans alive during this pandemic, so it is absolutely the government’s business,” Becerra replied.

He insisted it’s “the taxpayer’s business if we have to continue to spend money to try to keep people from contracting COVID and helping reopen the economy.”

5 Mysterious Sightings of Real Men in Black

On Tuesday, the White House announced it is targeting the “vaccine hesitant” with a new door-to-door campaign to urge Americans to get the COVID-19 shots. Read More

US condemns demolition of terrorist’s home

Written on . Posted in PT Middle East.

Yehuda Guetta, 19-year-old terror victim

Arutz Sheva: The IDF on Wednesday night demolished the home of Muntasser Shalabi, the terrorist who carried out the May attack in which Yehuda Guetta, 19, was murdered.

Two other students were also injured in the shooting, which occurred at the Tapuah Junction. Three days after the attack, Shalbi, 44, was arrested in a building in which he was hiding in the village of Silwad.

“I will bless those who bless you,
And I will curse him who curses you;
And in you all the families of the earth shall be blessed.” Genesis 12:3

Shalabi lives in the Arab village of Turmus Aya, near Ramallah. The demolition follows the Supreme Court’s rejection of the family’s petition to leave their home standing despite the murder.

During the demolition, violent disruptions of order erupted, with approximately 200 Palestinian Authority Arabs hurling rocks and firing explosives at the IDF soldiers, who responded using crowd control methods.

Shalabi’s home was slated to be demolished earlier, but the operation was delayed due to Defense Ministry concerns regarding its effects on US-Israel relations. Read More