The federal government spent a record $886,587,000,000 in the first two months of fiscal 2021 (October and November), according to the Monthly Treasury Statement released today.
At the same time, the federal government ran a deficit of $429,337,000,000, which is the second highest deficit the federal government has ever run in the first two months of a fiscal year.
Cardinal Turkson, Council for Inclusive Capitalism, Rothchilds, vatican
Some demons are about to be unleashed on the City of Angels’ streets, courtesy of a George Soros-bought district attorney who appears to believe his role is to pander to and not prosecute criminals.
George Gascón was sworn in Monday as Los Angeles’s new D.A., and he wasted no time sending the message that his jurisdiction would become a new Wild West. He “announced a sweeping range of reforms … including no longer seeking the death penalty and not using gang enhancements for sentencing,” reports ABC 7.
“In addition, he has issued a memo to prosecutors in his office seeking to change how they deal with a range of low-level crimes,” ABC also informs.
Yet of “all the policy changes Gascón laid out, the end to cash bail, which is set to go into effect Jan. 1, is perhaps the most seismic,” adds the Los Angeles Times. “Instead of seeking to hold criminal defendants in custody unless they can afford to post an amount of cash determined by a judge, prosecutors will be directed to ask judges to release them, except when someone is charged in a homicide or other violent felony.” Read More
Time magazine has named Joe Biden and Kamala Harris “Person of the Year,” in a tacit acknowledgment that they are, for all their individual differences, essentially a single cog in the socialist internationalist machine that is poised to roll all over us.
And there is no doubt that driving the American republic to the point of near-death with election chicanery on a breathtaking scale is indeed a significant achievement, but amid all the excitement, it was barely noticed that President Trump had delivered yet another rebuke to the massively failed foreign policy establishment that is poised to get back in the saddle and start failing some more, by engineering peace between Israel and another Arab state, Morocco.
Trump tweeted Thursday: “Another HISTORIC breakthrough today! Our two GREAT friends Israel and the Kingdom of Morocco have agreed to full diplomatic relations – a massive breakthrough for peace in the Middle East!”
ADE"s. Revelation, common flu, Covid vaccine, informed consent, Michelle Malkin
Jews observed the holiday of Hanukkah (or Chanukah) in public for the first time in Dubai, United Arab Emirates (UAE), on Thursday, following the peace deal between Israel and the UAE under the auspices of U.S. President Donald Trump.
A “lavish” Hanukkah party was thrown at the foot of the Burj Khalifa, the world’s tallest building, on Thursday evening.
#Hanukkah in #Dubai 2020
Happy Hanukkah and many happy returns ???????????? pic.twitter.com/zMUGBl9zSu— Dr. Majid Al Sarrah ???????? د. ماجد السرّاح (@DrAlsarrah) December 10, 2020
The Abraham Accords, signed by Israel, the UAE, Bahrain, and the U.S. in September, established peace and normalized relations between the Jewish state and its Arab partners. Similar agreements with Sudan and with Morocco soon followed.
What will happen to the Abraham Accords without Donald Trump?
December 10th marks the first night of Hanukkah, the Jewish “Festival of Lights.” As is traditional, politicians rushed to Twitter to virtue signal in celebration. Of all of the high profile figures listed below, can you spot an interesting pattern? Perhaps a missing detail?
Barack Obama: Happy Hanukkah to all those celebrating around the world. This year has tested us all, but it’s also clarified what really matters. May the lights of the menorah remind us to cherish the blessings we have and offer glimmers of hope. From my family to yours, Chag Sameach!
Joe Biden: As Hanukkah begins, Jill and I send our warmest wishes to everyone celebrating in the United States and around the world. We know things look a little different this year, but we hope these next eight nights are filled with family, love, and light. Chag Sameach!
Chuck Schumer (who is Jewish!): To everyone celebrating in New York, across America, and around the world:
It should also be noted that New York is home to the most Jews of any state in the country, and New York City is home to more Jews than any other city outside of Israel. Why, then, are Jews excluded from messages sent entirely to pander to them?
And finally, Kamala Harris (whose husband is Jewish) got the memo:
https://twitter.com/i/status/1337152366085226496
It it walks like a duck …
Arutz Sheva: While Israel hailed the arrival this week of the first doses of the coronavirus vaccine developed by Pfizer and BioNTech, the vaccine’s ability to return life to normal may be limited, an expert has warned.
Michal Tal, an immunologist at Stanford University, hinted that some of the optimism regarding the impact of the new vaccines developed by Pfizer and Moderna may be overblown, according to a report by The New York Times.
Tal noted that the high efficacy rates reported by Pfizer and Moderna for their vaccines – both rated at over 90% effectiveness – relate only to the ability of the vaccine to prevent vaccinated individuals from developing symptomatic cases of the virus. Read More
“I don’t see any way of avoiding a great deal of pain in the commercial real estate market in 2021. It is almost inevitable. My friends at the Federal Reserve and FDIC are becoming increasingly uncomfortable with what’s going on in the commercial real estate world.”
Cam Fine, Former President of Independent Community Bankers of America
Investors hold $3.4T in commercial real estate debt via bonds, direct loans, and securitized loan bundles. Core city commercial real estate valuations could decline if millions of employees work from home (WFH) permanently. Most analysts assume that once virus infections are contained or ended by vaccinations, workers will flock back to cities. The question is: will tens of thousands of workers commute to offices after buying homes in exurbs and other states? The following chart shows the top metro areas for migration based on USPS move data. Information services and banking centers are hotspots of migration to suburbs or other regions. A total of 238k workers have moved out of the top five urban areas since the pandemic started. Read More