investmentwatchblog--2020-09-29--The Only Thing Systematic Is The Destruction Of America

by Jim Quinn of The Burning Platform “ It is difficult to get a man to understand something , when his salary depends upon his not understanding it !
” – Upton Sinclair Upton Sinclair was describing willful ignorance based upon who butters your bread .
The rampant corruption of our society , as power has been consolidated into fewer and fewer hands , has resulted in our political , financial , cultural and economic systems being captured by a billionaire class who use their wealth to dictate the path we are forced to follow – or lose everything .
@ @ @ @ @ @ @ social media titans , the billionaires running the six mainstream media companies , the rogue billionaires like Soros and Bloomberg who fund chaos and foment insurrection , the Deep State surveillance agency operatives like Clapper , Brennan , Comey and Mueller doing the bidding of the oligarchy , Wall Street criminals like Dimon , Paulson , and Blankfein doing god ’ s work , and last but certainly not least – Powell , Yellen , Bernanke and slimy Kashkari priming the pump for the never ending systematic pillaging of the nation ’ s @ @ @ @ @ @ @ for legislators at the Federal , State and Local levels , you must weep for our future .
These pathetic excuses for leaders display none of the qualities a citizenry would want in those they have elected to manage our governmental affairs .
They are bought off hacks , lacking any intellectual honesty , and selling their votes to the highest bidder .
They lie , misinform , steal , and do the bidding of the monied interests who selected them because they are pliable dupes without an ounce of courage or forethought @ @ @ @ @ @ @ people they are supposed to be representing .
We are far from the republic Franklin and his fellow patriots gave us , and as Franklin foreshadowed , we were unable to keep it .
As the fledgling republic devolved into a mob democracy , with the Federal government grabbing more power during the Civil War , the banking cabal seizing control of the nation ’ s finances in 1913 with the creation from Jekyll Island , the growth of the welfare state with FDR and LBJ doing the most damage , the metastasis @ @ @ @ @ @ @ elimination of privacy after the Patriot Act surveillance state execution , and now the final countdown to Armageddon as the state , media conglomerates , Wall Street criminals , mega-corporations , and billionaire oligarchs use this purposefully over-hyped flu pandemic to consolidate their power , wealth and control over a dumbed down , iGadget addicted , fearful , easily manipulated , compliant populace .
Most people go through life not questioning the motivations of their political , financial , economic and religious leaders .
They naively believe they have achieved their positions of @ @ @ @ @ @ @ hard work , intellectual superiority , and moral authority .
Most people are not sociopaths .
They are just trying to steer around the potholes of life , raising families , earning a living , finding some enjoyment , leaving a positive legacy and trusting those in positions of power are looking out for their best interests .
They are wrapped up in their day to day existence , so are not vigilant in monitoring what political , financial and corporate power players are plotting to further reduce their liberties , freedom , @ @ @ @ @ @ @ government school social indoctrination dumbing down of the masses , relentless propaganda propagated by the corporate media mouthpieces of the Deep State , endless technological and sports distractions , and being lured into crushing levels of debt by Wall Street and Madison Avenue , the masses are incapable of critically assessing how they have been systematically screwed by the ruling class .
Even with the self-imposed economic depression initiated by politicians , at the behest of captured self-proclaimed medical “ experts ” and college drop-out techno-geek billionaires ( Bill Gates ) , resulting @ @ @ @ @ @ @ collar and service industry workers ) being put out of work , there are still 147 million employed Americans .
That ’ s up 14 million from the April pandemic low , but to provide some perspective , it ’ s at virtually the same level as late 2007 just before the Wall Street/Fed created financial collapse .
Considering there are 260 million working age Americans in the country , with 26 million employed part time , 9 million self-employed and 21 million government workers paid for by the 91 million full-time wage @ @ @ @ @ @ @ can be intimidated into “ not understanding something ” because their livelihood depends upon them pretending to not understand the truth .
The propaganda phrase “ we ’ re in this together ” is another Orwellian doublespeak example , as there are 10.7 million less private industry workers than a year ago , but the number of government workers is amazingly up by almost 200,000 .
So much for sharing the pain .
The other dichotomy is between college graduate white collar workers who can work from home and the mostly low paid @ @ @ @ @ @ @ the white-collar workers .
The number of college graduate workers is up by 1 million in the last year versus down 9.3 million for all other workers .
These pandemic lockdowns have devastated the job prospects of blacks , teenagers , and anyone working in the hospitality industry .
We are not in this together .
The Federal Reserve actions have only benefited their Wall Street constituents and the .1 % who own most of the financial assets in this country .
The poor , blue collar workers , waitresses , bartenders , @ @ @ @ @ @ @ avoided being sentenced to death in nursing homes by Cuomo and his fellow Democrat governors ) have been thrown under the bus once again .
The rich get richer and the poor are thrown a $ 600 bone and told to obey and stay like a good dog .
The Sinclair quote is even more apt in relation to the latest narrative being used by the powers that be to divide us and create chaos .
The false story line of “ systematic racism ” is being used as a cudgel to beat @ @ @ @ @ @ @ only thing systematic is the organized and well-funded traitorous endeavor by Soros and his ilk to undermine the basic moral tenets of our society in order to institute a Marxist new world order in the U.S. , Europe , Australia , New Zealand , and eventually the entire world .
They want to destroy our past by tearing down statues and promoting fake history like the NYT promoted 1619 Project .
They publicize and promote division and racial strife by publicizing the few murders of blacks by whites , while ignoring the daily @ @ @ @ @ @ @ Chicago , Baltimore , Philadelphia and the other Democrat run urban ghetto kill zones .
The lawlessness and savagery in black inner cities with black on black crime is ignored by the left-wing politicians who run these cities and their media mouthpieces .
There is clearly something systematic about what has happened , but it ’ s not due to systematic racism .
The term ‘ systematic ’ has been in vogue lately because the propagandized narrative since a black felon dying of a fentanyl overdose was videotaped being kneeled upon by a @ @ @ @ @ @ @ citizens has been “ systematic racism ” is the single most important problem in America , keeping black people from getting ahead and resulting in them fearing for their lives , as cops and white people target them because they ’ re black .
Once the narrative was unleashed , the leftist mainstream media carried the ball with a misinformation campaign , and the domestic terrorist organizations BLM and ANTIFA were funded with millions of dollars from Soros and other leftist billionaires to riot , loot , burn and destroy cities across America @ @ @ @ @ @ @ Corporate America latched onto the narrative , along with sports leagues , Hollywood elites , and every virtue signaling toady in America .
Anyone questioning the narrative with facts is cancelled , attacked and destroyed by the mob of willfully ignorant lemmings .
A white person ’ s salary now depends upon them apologizing for being white and kneeling before BLM and begging for mercy because they are systematically racist .
The dictionary definition of systematic is : done or acting according to a fixed plan or system ; methodical in procedure or @ @ @ @ @ @ @ coherent body of ideas or principles .
The “ systematic racism ” narrative has absolutely no factual basis .
Are there racists in our society ?
Sure .
There are white racists , black racists , Latino racists , and Asian racists .
Harvard , Yale and other elite Ivy League institutions have been cited by Federal authorities for racist policies against Asians and whites .
If systematic racism is keeping blacks from succeeding why are there numerous examples of whites pretending to be minorities ( Pocahontas Warren , Jessica Krug , Rachel @ @ @ @ @ @ @ to get an advantage in their career advancement ?
Since the implementation of LBJ ’ s Great Society , trillions of taxpayer funds have been spent to boost the lives of black America , with a phenomenally detrimental impact on their lives .
The creation of the welfare state has enslaved the black community in dependence and squalor .
Incentivizing out of wedlock children has resulted in over 70 % of all black children being raised in fatherless households .
Even though urban school districts spend $ 12,000 to $ 16,000 per student @ @ @ @ @ @ @ into society unable to add , subtract , spell or speak the English language .
Their urban enclaves are drug infested homicide zones , with young fatherless black men killing each other at an astounding rate .
Chicago has at least 50 shootings every weekend , with nary a white shooter .
It seems black lives don ’ t matter to other blacks .
But , when a black rapist is shot by police while reaching for a knife , the BLM and ANTIFA terrorists use it as an excuse to loot , @ @ @ @ @ @ @ kill cops , and generally act like savages .
This entire contrived fairy tale shows all the signs of being systematic , but the methodical plan being implemented has nothing to do with racism or justice .
The Davos elitist lords have been emboldened by their success since 9/11 , as they have utilized every crisis as an opportunity to further their agenda of consolidating power , wealth , and control over the plebs .
This pandemic “ crisis ” is being used as an opportunity to reset the world in a manner @ @ @ @ @ @ @ by exploiting pandemic fear , engineered social chaos , a fake climate crisis and economic anxiety to implement a corporate fascist world order , disguised as a green new deal , MMT , socialist paradise .
The apparently incomprehensible actions of left wing politicians , DA ’ s , the corporate media , surveillance state bad actors , compliant central bankers , and emboldened billionaires over the last few months begin to make sense when you realize it is part of the plan .
As we have learned over the last decade , @ @ @ @ @ @ @ time after time , as a coup against a duly elected president has been revealed through texts and incriminating documents ; Snowden and Assange revealed the illegal surveillance program conducted by unaccountable spy agencies ; JP Morgan and other criminal banks have admitted to rigging precious metals , bond and stock markets ; Soros has funneled tens of millions to elect far left District Attorneys who refuse to enforce the law and prosecute violent criminals ; a captured left wing judge attempts to prosecute an innocent man who was setup by Obama ’ @ @ @ @ @ @ @ using his billions to buy the votes of tens of thousands of black and Hispanic ex-convicts in Florida to steal the presidential election .
The selection of a senile handsy blunder zombie as a presidential candidate is clearly a Trojan horse to install Kamala Harris ( who had 2 % popularity among Democrats ) as the evil conduit to inflict the Davos master plan upon our country .
“ Reason is poor propaganda when opposed by the yammering , unceasing lies of shrewd and evil and self-serving men.
” – Robert A. Heinlein @ @ @ @ @ @ @ who tries to seek the truth and live my life in a manner that would make my deceased dad and my children proud .
My negligible efforts , over the last twelve years , to try and expose the lies and corruption of those wielding power over our lives seems like a drop in this ocean of deceit .
My message is only able to reach the few who want to know the truth , while the unceasing propaganda and lies of powerful evil men is broadcast to the masses through mainstream and @ @ @ @ @ @ @ and lead them on a path to destruction .
This bad flu outbreak has been seized upon by the shrewd , evil , self-serving men who rule the world to test their universal basic income scheme , pushing green new deal idiocy , consolidating commerce and profits into fewer mega-corporations , waging a war on the white middle class , tyrannically imposing job crushing government lockdown mandates , and dehumanizing the populace by forcing mask compliance in order to gain admittance to places of business .
In Part 2 of this article I @ @ @ @ @ @ @ the systematic destruction of small businesses , enlighten you about the true purpose of the Federal Reserve , and try to make sense of what might happen as the climax of this Fourth Turning rapidly descends upon an unprepared nation .

by Jim Quinn of The Burning Platform
“It is difficult to get a man to understand something, when his salary depends upon his not understanding it!” – Upton Sinclair
Upton Sinclair was describing willful ignorance based upon who butters your bread. The rampant corruption of our society, as power has been consolidated into fewer and fewer hands, has resulted in our political, financial, cultural and economic systems being captured by a billionaire class who use their wealth to dictate the path we are forced to follow – or lose everything.
The sociopath class include the Silicon Valley social media titans, the billionaires running the six mainstream media companies, the rogue billionaires like Soros and Bloomberg who fund chaos and foment insurrection, the Deep State surveillance agency operatives like Clapper, Brennan, Comey and Mueller doing the bidding of the oligarchy, Wall Street criminals like Dimon, Paulson, and Blankfein doing god’s work, and last but certainly not least – Powell, Yellen, Bernanke and slimy Kashkari priming the pump for the never ending systematic pillaging of the nation’s wealth.
When you witness what passes for legislators at the Federal, State and Local levels, you must weep for our future. These pathetic excuses for leaders display none of the qualities a citizenry would want in those they have elected to manage our governmental affairs. They are bought off hacks, lacking any intellectual honesty, and selling their votes to the highest bidder. They lie, misinform, steal, and do the bidding of the monied interests who selected them because they are pliable dupes without an ounce of courage or forethought about the long-term best interests of the people they are supposed to be representing.
We are far from the republic Franklin and his fellow patriots gave us, and as Franklin foreshadowed, we were unable to keep it. As the fledgling republic devolved into a mob democracy, with the Federal government grabbing more power during the Civil War, the banking cabal seizing control of the nation’s finances in 1913 with the creation from Jekyll Island, the growth of the welfare state with FDR and LBJ doing the most damage, the metastasis of the military industrial complex, the elimination of privacy after the Patriot Act surveillance state execution, and now the final countdown to Armageddon as the state, media conglomerates, Wall Street criminals, mega-corporations, and billionaire oligarchs use this purposefully over-hyped flu pandemic to consolidate their power, wealth and control over a dumbed down, iGadget addicted, fearful, easily manipulated, compliant populace.
Most people go through life not questioning the motivations of their political, financial, economic and religious leaders. They naively believe they have achieved their positions of power because they have earned it through hard work, intellectual superiority, and moral authority. Most people are not sociopaths. They are just trying to steer around the potholes of life, raising families, earning a living, finding some enjoyment, leaving a positive legacy and trusting those in positions of power are looking out for their best interests.
They are wrapped up in their day to day existence, so are not vigilant in monitoring what political, financial and corporate power players are plotting to further reduce their liberties, freedom, and bank accounts. After decades of government school social indoctrination dumbing down of the masses, relentless propaganda propagated by the corporate media mouthpieces of the Deep State, endless technological and sports distractions, and being lured into crushing levels of debt by Wall Street and Madison Avenue, the masses are incapable of critically assessing how they have been systematically screwed by the ruling class.
Even with the self-imposed economic depression initiated by politicians, at the behest of captured self-proclaimed medical “experts” and college drop-out techno-geek billionaires (Bill Gates), resulting in tens of millions (mostly blue collar and service industry workers) being put out of work, there are still 147 million employed Americans. That’s up 14 million from the April pandemic low, but to provide some perspective, it’s at virtually the same level as late 2007 just before the Wall Street/Fed created financial collapse.
Considering there are 260 million working age Americans in the country, with 26 million employed part time, 9 million self-employed and 21 million government workers paid for by the 91 million full-time wage earners, you understand why wage earners can be intimidated into “not understanding something” because their livelihood depends upon them pretending to not understand the truth.
The propaganda phrase “we’re in this together” is another Orwellian doublespeak example, as there are 10.7 million less private industry workers than a year ago, but the number of government workers is amazingly up by almost 200,000. So much for sharing the pain. The other dichotomy is between college graduate white collar workers who can work from home and the mostly low paid service industry workers who “serve” the white-collar workers. The number of college graduate workers is up by 1 million in the last year versus down 9.3 million for all other workers. These pandemic lockdowns have devastated the job prospects of blacks, teenagers, and anyone working in the hospitality industry. We are not in this together.
The Federal Reserve actions have only benefited their Wall Street constituents and the .1% who own most of the financial assets in this country. The poor, blue collar workers, waitresses, bartenders, savers, and senior citizens (who avoided being sentenced to death in nursing homes by Cuomo and his fellow Democrat governors) have been thrown under the bus once again. The rich get richer and the poor are thrown a $600 bone and told to obey and stay like a good dog.
The Sinclair quote is even more apt in relation to the latest narrative being used by the powers that be to divide us and create chaos. The false story line of “systematic racism” is being used as a cudgel to beat us into submission and compliance. The only thing systematic is the organized and well-funded traitorous endeavor by Soros and his ilk to undermine the basic moral tenets of our society in order to institute a Marxist new world order in the U.S., Europe, Australia, New Zealand, and eventually the entire world.
They want to destroy our past by tearing down statues and promoting fake history like the NYT promoted 1619 Project. They publicize and promote division and racial strife by publicizing the few murders of blacks by whites, while ignoring the daily slaughter of blacks by other blacks in Chicago, Baltimore, Philadelphia and the other Democrat run urban ghetto kill zones. The lawlessness and savagery in black inner cities with black on black crime is ignored by the left-wing politicians who run these cities and their media mouthpieces. There is clearly something systematic about what has happened, but it’s not due to systematic racism.
The term ‘systematic’ has been in vogue lately because the propagandized narrative since a black felon dying of a fentanyl overdose was videotaped being kneeled upon by a white cop with a history of abusing citizens has been “systematic racism” is the single most important problem in America, keeping black people from getting ahead and resulting in them fearing for their lives, as cops and white people target them because they’re black. Once the narrative was unleashed, the leftist mainstream media carried the ball with a misinformation campaign, and the domestic terrorist organizations BLM and ANTIFA were funded with millions of dollars from Soros and other leftist billionaires to riot, loot, burn and destroy cities across America in the name of racial justice.
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Corporate America latched onto the narrative, along with sports leagues, Hollywood elites, and every virtue signaling toady in America. Anyone questioning the narrative with facts is cancelled, attacked and destroyed by the mob of willfully ignorant lemmings. A white person’s salary now depends upon them apologizing for being white and kneeling before BLM and begging for mercy because they are systematically racist.
The dictionary definition of systematic is:
done or acting according to a fixed plan or system; methodical in procedure or plan; presented or formulated as a coherent body of ideas or principles.
The “systematic racism” narrative has absolutely no factual basis. Are there racists in our society? Sure. There are white racists, black racists, Latino racists, and Asian racists. Harvard, Yale and other elite Ivy League institutions have been cited by Federal authorities for racist policies against Asians and whites. If systematic racism is keeping blacks from succeeding why are there numerous examples of whites pretending to be minorities (Pocahontas Warren, Jessica Krug, Rachel Dolezal, Shaun King) in order to get an advantage in their career advancement?
Since the implementation of LBJ’s Great Society, trillions of taxpayer funds have been spent to boost the lives of black America, with a phenomenally detrimental impact on their lives. The creation of the welfare state has enslaved the black community in dependence and squalor. Incentivizing out of wedlock children has resulted in over 70% of all black children being raised in fatherless households.
Even though urban school districts spend $12,000 to $16,000 per student, the majority of blacks are matriculated into society unable to add, subtract, spell or speak the English language. Their urban enclaves are drug infested homicide zones, with young fatherless black men killing each other at an astounding rate. Chicago has at least 50 shootings every weekend, with nary a white shooter. It seems black lives don’t matter to other blacks. But, when a black rapist is shot by police while reaching for a knife, the BLM and ANTIFA terrorists use it as an excuse to loot, riot, kill white Trump supporters, kill cops, and generally act like savages.
This entire contrived fairy tale shows all the signs of being systematic, but the methodical plan being implemented has nothing to do with racism or justice. The Davos elitist lords have been emboldened by their success since 9/11, as they have utilized every crisis as an opportunity to further their agenda of consolidating power, wealth, and control over the plebs.
This pandemic “crisis” is being used as an opportunity to reset the world in a manner most beneficial for the Davos billionaires, by exploiting pandemic fear, engineered social chaos, a fake climate crisis and economic anxiety to implement a corporate fascist world order, disguised as a green new deal, MMT, socialist paradise. The apparently incomprehensible actions of left wing politicians, DA’s, the corporate media, surveillance state bad actors, compliant central bankers, and emboldened billionaires over the last few months begin to make sense when you realize it is part of the plan.
As we have learned over the last decade, conspiracy theorists have been proven right, time after time, as a coup against a duly elected president has been revealed through texts and incriminating documents; Snowden and Assange revealed the illegal surveillance program conducted by unaccountable spy agencies; JP Morgan and other criminal banks have admitted to rigging precious metals, bond and stock markets; Soros has funneled tens of millions to elect far left District Attorneys who refuse to enforce the law and prosecute violent criminals; a captured left wing judge attempts to prosecute an innocent man who was setup by Obama’s FBI hacks; and Bloomberg is using his billions to buy the votes of tens of thousands of black and Hispanic ex-convicts in Florida to steal the presidential election.
The selection of a senile handsy blunder zombie as a presidential candidate is clearly a Trojan horse to install Kamala Harris (who had 2% popularity among Democrats) as the evil conduit to inflict the Davos master plan upon our country.
“Reason is poor propaganda when opposed by the yammering, unceasing lies of shrewd and evil and self-serving men.” – Robert A. Heinlein
I consider myself a rational fact-based person who tries to seek the truth and live my life in a manner that would make my deceased dad and my children proud. My negligible efforts, over the last twelve years, to try and expose the lies and corruption of those wielding power over our lives seems like a drop in this ocean of deceit. My message is only able to reach the few who want to know the truth, while the unceasing propaganda and lies of powerful evil men is broadcast to the masses through mainstream and social media conglomerates to manipulate their emotions and lead them on a path to destruction.
This bad flu outbreak has been seized upon by the shrewd, evil, self-serving men who rule the world to test their universal basic income scheme, pushing green new deal idiocy, consolidating commerce and profits into fewer mega-corporations, waging a war on the white middle class, tyrannically imposing job crushing government lockdown mandates, and dehumanizing the populace by forcing mask compliance in order to gain admittance to places of business.
In Part 2 of this article I will demolish the mask narrative, describe the systematic destruction of small businesses, enlighten you about the true purpose of the Federal Reserve, and try to make sense of what might happen as the climax of this Fourth Turning rapidly descends upon an unprepared nation.


investmentwatchblog--2020-09-29--Biden Dodged $500K In Taxes By Exploiting Loophole

Since the left is now in histrionics over President Trump ’ s perfectly legal use of the US tax code to avoid paying taxes for 10 out of the last 15 years , perhaps they ’ ll give as much attention to Joe Biden – who used another perfectly legal tax ‘ loophole ’ to avoid approximately $ 500,000 in payroll taxes on $ 15 million in income .
Of course , they ignored it in July when the Wall Street Journal reported that Joe and Jill Biden took advantage of the “ S corporation ” payroll tax loophole that @ @ @ @ @ @ @ .
According to the report , the Bidens routed income from book sales and speeches through S corporations – avoiding the 3.8 % self-employment tax they would have paid if they had been compensated directly , and avoiding as much as $ 500,000 in taxes .
“ There ’ s no reason for these to be in an S corp—none , other than to save on self-employment tax , ” accountant Tony Nitti told the WSJ at the time .
And as the Journal ‘ s Chris Jacobs wrote last month , “ @ @ @ @ @ @ @ couple featuring one high earner and one average earner , retiring this year , will have paid a total of $ 209,000 in Medicare taxes during their working lives.
” “ The Bidens avoided paying nearly twice that much in Medicare taxes during two years.
” Meanwhile , the Las Vegas Review-Journal suggests Biden is a hypocrite – as the former Vice President has been an outspoken opponent of such loopholes since Ronald Reagan was in office .
In 2019 , The Intercept ‘ s Ryan Grimm shed light on the Bidens ’ @ @ @ @ @ @ @ financial information ( via Breitbart ) : “ The Bidens have used their home state ’ s financial privacy laws to shield his income from public view , by setting up two tax- and transparency-avoidance vehicles known as S corporations , ” wrote Grimm .
“ He and his wife Jill Biden called them CelticCapri Corp. and Giacoppa Corp. , respectively , and , according to the Wall Street Journal , have reported more than $ 13 million in profits the previous two years that weren ’ t subject to specific disclosure or @ @ @ @ @ @ @ , money Biden made from book deals and speeches flowed into the S corporations and was then remitted to Biden and his wife as ‘ distributions ’ rather than salary .
When money is funneled through an S corporation , the recipient doesn ’ t owe Social Security or Medicare taxes on it , nor can the source of revenue be traced .
( In addition to the distributions , the Bidens drew relatively small salaries from the S Corporations : under half a million dollars , for which they owed self-employment taxes @ @ @ @ @ @ @ , etc .
We ’ re sure the MSM will apply the same lens to Biden ’ s perfectly legal tax schemes .

Via ZeroHedge
Since the left is now in histrionics over President Trump’s perfectly legal use of the US tax code to avoid paying taxes for 10 out of the last 15 years, perhaps they’ll give as much attention to Joe Biden – who used another perfectly legal tax ‘loophole’ to avoid approximately $500,000 in payroll taxes on $15 million in income.
Of course, they ignored it in July when the Wall Street Journal reported that Joe and Jill Biden took advantage of the “S corporation” payroll tax loophole that the Obama-Biden administration unsuccessfully attempted to close.
According to the report, the Bidens routed income from book sales and speeches through S corporations – avoiding the 3.8% self-employment tax they would have paid if they had been compensated directly, and avoiding as much as $500,000 in taxes.
“There’s no reason for these to be in an S corp—none, other than to save on self-employment tax,” accountant Tony Nitti told the WSJ at the time.
And as the Journal‘s Chris Jacobs wrote last month, “According to the Urban Institute, a couple featuring one high earner and one average earner, retiring this year, will have paid a total of $209,000 in Medicare taxes during their working lives.”
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“The Bidens avoided paying nearly twice that much in Medicare taxes during two years.”
Meanwhile, the Las Vegas Review-Journal suggests Biden is a hypocrite – as the former Vice President has been an outspoken opponent of such loopholes since Ronald Reagan was in office.
Per current tax law, S-corporation owners can legally avoid paying the 3.8 percent self-employment tax on their profits as long as they pay themselves “reasonable compensation” that is subject to regular payroll taxes. The IRS definition of “reasonable compensation” is a tad fuzzy, however, which led to the Bidens reporting less than $800,000 salary on their reported $13 million in combined profits. –Las Vegas Review-Journal
In 2019, The Intercept‘s Ryan Grimm shed light on the Bidens’ use of Delaware corporation laws to conceal financial information (via Breitbart):
“The Bidens have used their home state’s financial privacy laws to shield his income from public view, by setting up two tax- and transparency-avoidance vehicles known as S corporations,” wrote Grimm. “He and his wife Jill Biden called them CelticCapri Corp. and Giacoppa Corp., respectively, and, according to the Wall Street Journal, have reported more than $13 million in profits the previous two years that weren’t subject to specific disclosure or self-employment taxes. As CNBC has described, money Biden made from book deals and speeches flowed into the S corporations and was then remitted to Biden and his wife as ‘distributions’ rather than salary. When money is funneled through an S corporation, the recipient doesn’t owe Social Security or Medicare taxes on it, nor can the source of revenue be traced. (In addition to the distributions, the Bidens drew relatively small salaries from the S Corporations: under half a million dollars, for which they owed self-employment taxes.)”
Stones, glass houses, etc. We’re sure the MSM will apply the same lens to Biden’s perfectly legal tax schemes.


investmentwatchblog--2020-09-29--OMG, Just LOOK at that crazy “second wave” of death and destruction going on in Florida right now!

With a survival rate greater than 99.995 % if you do catch it for those under 70 .
Source : @ @ @

With a survival rate greater than 99.995% if you do catch it for those under 70.
Source: www.cdc.gov/coronavirus/2019-ncov/hcp/planning-scenarios.html#table-1
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h/t TheTPL


investmentwatchblog--2020-09-29--GRENELL: “I’m getting really impatient with those individual agencies that know exactly what I’m tal

GRENELL: “I’m getting really impatient with those individual agencies that know exactly what I’m talking about, that know exactly what documents they need to release… they’re playing games.”

“ I ’ m getting really impatient with those individual agencies that know exactly what I ’ m talking about @ @ @ @ @ documents they need to release… they ’ re playing games .
”

Wow listen to @RichardGrenell here.
“I’m getting really impatient with those individual agencies that know exactly what I’m talking about, that know exactly what documents they need to release… they’re playing games.”
“Transparency is not political.” pic.twitter.com/D8U1MVSpIk
— Benny (@bennyjohnson) September 28, 2020


investmentwatchblog--2020-09-29--Robert Kiyosaki: Why Trump Pays ZERO in Taxes

You can tell that the presidential race is heating up because the attacks on Donald Trump from the mainstream media are heating up too .
Over the weekend , The New York Times revealed that President Trump has paid little if any in taxes in the last 15 years .
This might shock many voters , but if you study Rich Dad Poor Dad , you know that the “ rich don ’ t pay taxes , legally.
” In short , the many credits and breaks that are found in the tax code are there precisely because the government @ @ @ @ @ @ @ .
For instance , the government wants cheap housing .
Because of this , there are many tax credits for affordable housing that developers and investors can take advantage of that minimize their tax liability , put more money in their pocket , and in turn , create affordable housing .
Everyone wins .
There are many scenarios like this in the tax code that incentivize investors and entrepreneurs to do activities the government is looking for while rewarding those who take those actions with a lower or zero-tax burden .
In this @ @ @ @ @ @ @ viewers why people like Donald Trump pay very little in taxes , sometimes nothing , because they are doing exactly what the government wants them to do .
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad , the # 1 personal finance book of all time .
His book titles hold four of the top ten spots on Nielsen Bookscan List ’ s Life-to-Date Sales from 2001-2008 alone .
Robert is an educational Entrepreneur and real estate tycoon , co-creator of the CASHFLOW® board game , founder of @ @ @ @ @ @ @ author of New York Times Bestsellers : Rich Dad ’ s Conspiracy of the Rich , and Unfair Advantage : The Power of Financial Education .
Robert Kiyosaki is among the first to have warned Americans of an impending collapse in the US real estate market , famously prophesizing , “ Your home is not an investment , ” years before the Panic of 2008 .
His latest book is Fake : How Lies are Making the Poor and the Middle-Class Poorer .

The Rich Dad Channel, Released on 9/28/20
You can tell that the presidential race is heating up because the attacks on Donald Trump from the mainstream media are heating up too. Over the weekend, The New York Times revealed that President Trump has paid little if any in taxes in the last 15 years. This might shock many voters, but if you study Rich Dad Poor Dad, you know that the “rich don’t pay taxes, legally.” In short, the many credits and breaks that are found in the tax code are there precisely because the government wants you to take advantage of them. For instance, the government wants cheap housing. Because of this, there are many tax credits for affordable housing that developers and investors can take advantage of that minimize their tax liability, put more money in their pocket, and in turn, create affordable housing. Everyone wins. There are many scenarios like this in the tax code that incentivize investors and entrepreneurs to do activities the government is looking for while rewarding those who take those actions with a lower or zero-tax burden. In this update from Robert Kiyosaki, he tells viewers why people like Donald Trump pay very little in taxes, sometimes nothing, because they are doing exactly what the government wants them to do.
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Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List’s Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW® board game, founder of the financial education-based Rich Dad Company and author of New York Times Bestsellers: Rich Dad’s Conspiracy of the Rich, and Unfair Advantage: The Power of Financial Education. Robert Kiyosaki is among the first to have warned Americans of an impending collapse in the US real estate market, famously prophesizing, “Your home is not an investment,” years before the Panic of 2008. His latest book is Fake: How Lies are Making the Poor and the Middle-Class Poorer.


investmentwatchblog--2020-09-29--OUCH! EPA chief gives Calif. Gov. Newsom a ‘brutal and hilarious’ reality check about his electric c

OUCH! EPA chief gives Calif. Gov. Newsom a ‘brutal and hilarious’ reality check about his electric cars-only mandate.

In a letter , the U.S. EPA administrator tells Newsom that his executive order mandating only new electric car sales @ @ @ @ @ be illegal and questions the feasibility of the increase demand in electricity `` when you @ @ @ @ @ lights on today . ''
pic.twitter.com/f3piV4UtZe

via twitchy:
In a letter, the U.S. EPA administrator tells Newsom that his executive order mandating only new electric car sales in California by 2035 may be illegal and questions the feasibility of the increase demand in electricity "when you can't even keep the lights on today." pic.twitter.com/f3piV4UtZe
— Alexei Koseff (@akoseff) September 28, 2020


investmentwatchblog--2020-09-30--Global Food Shortages Are Becoming Very Real, And U.S. Grocery Store Chains Are Preparing For Worst

Global Food Shortages Are Becoming Very Real, And U.S. Grocery Store Chains Are Preparing For Worst Case Scenarios

The head of the UN World Food Program repeatedly warned us that we would soon be facing “ famines of biblical proportions ” , and his predictions are now starting to become a reality .
We have already seen food riots in some parts of Africa , and it isn ’ t too much of a surprise that certain portions of Asia are really hurting right now .
But I have to admit that I was kind of shocked when I came across an article about the “ hunger crisis ” that has erupted in Latin America .
According to @ @ @ @ @ @ @ is bringing a vicious wave of hunger in a region that was supposed to have mostly eradicated that kind of malnutrition decades ago ” .
We are being told that food shortages are becoming acute from Mexico City all the way down to the southern tip of South America , and those that are the poorest are being hit the hardest .
Let me ask you a question .
What would you do if you didn ’ t have any food to feed your family ?
Fortunately , for the vast majority of @ @ @ @ @ @ @ question .
But for many families in Latin America , the unthinkable is now actually happening… He couldn ’ t feed his family .
Matilde Alonso knew it was true but couldn ’ t believe it .
The pandemic had just hit Guatemala in full force and Alonso , a 34-year-old construction worker , was suddenly jobless .
He sat up all alone till late that night , his mind racing , and fought back tears .
He had six mouths to feed , no income and no hope of receiving anything beyond @ @ @ @ @ @ @ some $ 130 — from the cash-strapped government .
I once had a friend that is a hardcore prepper tell me that his worst nightmare would be for his daughter to tell him that she was hungry and he didn ’ t have anything to give her .
Many of us can ’ t even imagine being in Matilde Alonso ’ s shoes .
Sadly , this is going to be happening to even more families soon , because the UN World Food Program is projecting that the number of people facing “ @ @ @ @ @ @ @ and Caribbean nations will rise by a whopping 270 percent in the months ahead .
Thankfully , for the moment the United States is in far better shape .
But there have been serious shortages of certain items throughout this pandemic , and many grocery stores have had a very difficult time trying to keep their shelves full .
For example , during my most recent trip to my local grocery store I noticed more empty shelves than I had ever seen before , and that greatly alarmed me .
And now we @ @ @ @ @ @ @ over the country are attempting to stockpile goods in an attempt “ to avoid shortages during a second wave of coronavirus ” … When even CNN starts admitting that more shortages are coming , that is a sign that it is very late in the game .
And the Wall Street Journal is reporting that some chains are actually putting together “ pandemic pallets ” in anticipation of more shortages… According to the Wall Street Journal , Associated Food Stores has recently started building “ pandemic pallets ” to ensure cleaning and sanitizing @ @ @ @ @ @ @ to prepare for high demand through the end of the year .
“ We will never again operate our business as unprepared for something like this , ” Darin Peirce , vice president of retail operations for the cooperative of more than 400 stores told the outlet .
If grocery stores sense something is coming and are preparing for another “ wave ” of this scamdemic , it may be something worth taking note of .
Most of these grocery chains believe that another wave of COVID-19 is the worst case scenario that @ @ @ @ @ @ @ , that isn ’ t even close to the truth .
We have entered a time when global food supplies are going to become increasingly stressed , and it is going to be absolutely critical to keep U.S. food production at the highest levels possible .
Unfortunately , U.S. farmers have been going bankrupt in staggering numbers during this downturn , and the federal assistance that was supposed to help them survive has mostly gone to “ large , industrialized farms ” … Five months into the pandemic , farmers say the federal @ @ @ @ @ @ @ afloat , as these favor large , industrialized farms over smaller family farms .
In fact , initial payments under the Coronavirus Food Assistance Program – which provided $ 16 billion in direct support and $ 3 billion in purchases – revealed an uneven distribution of financial aid .
An NBC News analysis of the first 700,000 payments showed how corporate farms and foreign-owned operations received over $ 1.2 billion in coronavirus relief – or over 20 percent of the money – with average payments of almost $ 95,000 .
Smaller farms , @ @ @ @ @ @ @ $ 300 .
The figures did not take into account other struggling farmers who are ineligible for assistance .
Reading those numbers greatly frustrated me , because family farms have always been so critical to our success as a nation .
U.S. farm bankruptcies hit an eight-year high last year , and they are on pace to go even higher this year .
This should deeply alarm all of us , because we are going to need as much food production as possible during the years to come .
In 2020 , we @ @ @ @ @ @ @ another all over the world , and many of these disasters have directly affected global food production .
For example , in my previous articles I haven ’ t even mentioned the historic flooding that has been going on in China for months that is wiping out crops on a massive scale… On my news headlines website , I am going to start posting stories like this on a daily basis so that people can keep up with what is really going on out there .
We really are facing a very serious @ @ @ @ @ @ @ of people without sufficient food is only going to grow as the months roll along .
For now , most Americans still have plenty of food , and we should be very thankful for that .
But everyone should be able to see that global conditions are rapidly changing , and we should all be using this window of opportunity to prepare , because very , very challenging times are ahead of us .

by Michael Snyder
The head of the UN World Food Program repeatedly warned us that we would soon be facing “famines of biblical proportions”, and his predictions are now starting to become a reality. We have already seen food riots in some parts of Africa, and it isn’t too much of a surprise that certain portions of Asia are really hurting right now. But I have to admit that I was kind of shocked when I came across an article about the “hunger crisis” that has erupted in Latin America. According to Bloomberg, “a resurgence of poverty is bringing a vicious wave of hunger in a region that was supposed to have mostly eradicated that kind of malnutrition decades ago”. We are being told that food shortages are becoming acute from Mexico City all the way down to the southern tip of South America, and those that are the poorest are being hit the hardest.
Let me ask you a question.
What would you do if you didn’t have any food to feed your family?
Fortunately, for the vast majority of my readers that is just a hypothetical question. But for many families in Latin America, the unthinkable is now actually happening…
He couldn’t feed his family. Matilde Alonso knew it was true but couldn’t believe it. The pandemic had just hit Guatemala in full force and Alonso, a 34-year-old construction worker, was suddenly jobless. He sat up all alone till late that night, his mind racing, and fought back tears. He had six mouths to feed, no income and no hope of receiving anything beyond the most meager of crisis-support checks — some $130 — from the cash-strapped government.
I once had a friend that is a hardcore prepper tell me that his worst nightmare would be for his daughter to tell him that she was hungry and he didn’t have anything to give her.
Many of us can’t even imagine being in Matilde Alonso’s shoes. Sadly, this is going to be happening to even more families soon, because the UN World Food Program is projecting that the number of people facing “severe food insecurity” in Latin American and Caribbean nations will rise by a whopping 270 percent in the months ahead.
Thankfully, for the moment the United States is in far better shape. But there have been serious shortages of certain items throughout this pandemic, and many grocery stores have had a very difficult time trying to keep their shelves full.
For example, during my most recent trip to my local grocery store I noticed more empty shelves than I had ever seen before, and that greatly alarmed me.
And now we are being told that grocery stores all over the country are attempting to stockpile goods in an attempt “to avoid shortages during a second wave of coronavirus”…
Grocery stores across the United States are stocking up on products to avoid shortages during a second wave of coronavirus. Household products — including paper towels and Clorox wipes — have been difficult to find at times during the pandemic, and if grocery stores aren’t stocked up and prepared for second wave this winter, runs on products and shortages could happen again.
When even CNN starts admitting that more shortages are coming, that is a sign that it is very late in the game.
And the Wall Street Journal is reporting that some chains are actually putting together “pandemic pallets” in anticipation of more shortages…
We are primarily funded by readers. Please subscribe and donate to support us!
According to the Wall Street Journal, Associated Food Stores has recently started building “pandemic pallets” to ensure cleaning and sanitizing products are readily available in its warehouses to prepare for high demand through the end of the year. “We will never again operate our business as unprepared for something like this,” Darin Peirce, vice president of retail operations for the cooperative of more than 400 stores told the outlet. If grocery stores sense something is coming and are preparing for another “wave” of this scamdemic, it may be something worth taking note of.
Most of these grocery chains believe that another wave of COVID-19 is the worst case scenario that they could possibly be facing. Sadly, that isn’t even close to the truth.
We have entered a time when global food supplies are going to become increasingly stressed, and it is going to be absolutely critical to keep U.S. food production at the highest levels possible.
Unfortunately, U.S. farmers have been going bankrupt in staggering numbers during this downturn, and the federal assistance that was supposed to help them survive has mostly gone to “large, industrialized farms”…
Five months into the pandemic, farmers say the federal payments have done little to keep them afloat, as these favor large, industrialized farms over smaller family farms. In fact, initial payments under the Coronavirus Food Assistance Program – which provided $16 billion in direct support and $3 billion in purchases – revealed an uneven distribution of financial aid. An NBC News analysis of the first 700,000 payments showed how corporate farms and foreign-owned operations received over $1.2 billion in coronavirus relief – or over 20 percent of the money – with average payments of almost $95,000. Smaller farms, meanwhile, had average payments of around $300. The figures did not take into account other struggling farmers who are ineligible for assistance.
Reading those numbers greatly frustrated me, because family farms have always been so critical to our success as a nation.
U.S. farm bankruptcies hit an eight-year high last year, and they are on pace to go even higher this year.
This should deeply alarm all of us, because we are going to need as much food production as possible during the years to come.
In 2020, we have just seen one major disaster after another all over the world, and many of these disasters have directly affected global food production. For example, in my previous articles I haven’t even mentioned the historic flooding that has been going on in China for months that is wiping out crops on a massive scale…
Experts from the global financial services group Nomura said that although the flooding is among the worst that China has experienced since 1998, it could still get worse in the weeks to come, with the nation poised to lose $1.7 billion in agricultural production. However, since the start of the monsoon season, the area of flooded croplands have almost doubled. Nomura’s estimates also do not include the potential loss of wheat, corn and other major crops. Therefore, China could be facing a far greater economic loss than current projections.
On my news headlines website, I am going to start posting stories like this on a daily basis so that people can keep up with what is really going on out there.
We really are facing a very serious global food crisis, and the number of people without sufficient food is only going to grow as the months roll along.
For now, most Americans still have plenty of food, and we should be very thankful for that.
But everyone should be able to see that global conditions are rapidly changing, and we should all be using this window of opportunity to prepare, because very, very challenging times are ahead of us.


investmentwatchblog--2020-09-30--This Explosion Of Bankruptcies And Layoffs In The United States Is Unlike Anything We Have Ever Seen

This Explosion Of Bankruptcies And Layoffs In The United States Is Unlike Anything We Have Ever Seen Before

The U.S. economy was supposed to be turning a corner by now , but instead it looks like we are headed for an exceedingly painful winter .
All over the country , big companies are laying off thousands of workers , and in some cases the numbers are even larger than that .
As you will see in this article , Disney just announced that they will be laying off tens of thousands of workers , and the airline industry is warning that 100,000 workers could soon permanently lose their jobs if the federal government doesn ’ t bail them @ @ @ @ @ @ @ seeing businesses fail at a pace that is absolutely stunning .
According to the Wall Street Journal , this year we are on pace to set new records for retail stores closings , retail bankruptcies , and retail liquidations… Apparel retailers have been hit particularly hard during this pandemic , and it has been extremely sad to see some of the most iconic brands in the entire industry reach the end of the line… But it isn ’ t just the retail industry that is being utterly devastated .
According to Zero Hedge @ @ @ @ @ @ @ % eruption in bankruptcy filings ” in New York City so far in 2020 , and one bankruptcy lawyer is warning that “ there will be an avalanche of bankruptcies ” as we approach the end of the year… While Wall Street panic buys stocks again , on hopes Washington can pass the next round of much-needed economic stimulus , the broader commercial real estate market continues to implode and nowhere more so than the epicenter in New York City , where nearly 6,000 business closures , has resulted in a 40 % @ @ @ @ @ @ @ of all five boroughs this year , reported Bloomberg .
Al Togut , a bankruptcy lawyer who has handled insolvencies for small firms to mega-corporations , said , “ by late fall , there will be an avalanche of bankruptcies … When the cold weather comes , that ’ s when we ’ ll start to see a surge in bankruptcies in New York City.
” So does that sound like things will be getting better or does that sound like things will be getting worse ?
I know that the answer is @ @ @ @ @ @ @ make things crystal clear for those that have been deluded into thinking that we are headed for some sort of a “ recovery ” .
As more businesses collapse , more workers will lose their jobs .
So even though we have already seen more than 60 million American workers file new claims for unemployment benefits in 2020 , more waves of unemployment are still on the way .
For example , we just learned that KPMG will be eliminating 1,400 jobs .
Those are good paying jobs and they will not be @ @ @ @ @ @ @ outdone , Disney has announced that they will be laying off 20 times as many workers… Personally , I think that it is very cruel for Disney to do this .
They have made countless billions of dollars off of all of us over the past several decades , and they are in absolutely no danger of going bankrupt .
So can ’ t they come up with a little bit of cash to pay those workers during these tough months ?
On the other hand , the airline industry is actually on @ @ @ @ @ @ @ and we are being told that 100,000 workers could soon lose their jobs if they don ’ t get a massive bailout from the federal government .
The following comes from Wolf Richter… October 1 is the day US airlines that accepted their portion of the $ 25-billion bailout under the CARES Act can start involuntary layoffs of their employees .
They ’ ve been shedding large numbers of employees since March but through voluntary buyouts , early retirements , and other programs that induced employees to temporarily or permanently leave .
Now @ @ @ @ @ @ @ lobbying effort to get legislation signed into law that would provide the next $ 25-billion bailout package .
Threats have been flying , so to speak , to motivate Congress to get this done .
American Airlines CEO Doug Parker told CBS News on Sunday that if there isn ’ t a new bailout program , “ there are going to be 100,000 aviation professionals who are out of work , who wouldn ’ t be otherwise.
” This would include the 18,000 employees American Airlines has threatened to lay off .
With @ @ @ @ @ @ @ don ’ t have any idea how so many Americans can still feel so confident about the economy right now .
It just doesn ’ t make any sense .
Perhaps this is another sign of how self-involved we have all become .
If you haven ’ t lost your job and nobody you know personally has lost a job , perhaps things still seem okay in your little world .
But for many Americans , this economic downturn has quickly become a horror show .
In Philadelphia , a housekeeper named Kat @ @ @ @ @ @ @ hotel job back in March , and now trying to figure out how to survive has become part of her daily routine… At this point , Payne has not been able to pay her mortgage for four months in a row , and she just received a letter with some more devastating news… Could you imagine being in her shoes ?
What would you do ?
Unfortunately , there are tens of millions of other Americans just like her that are deeply hurting right now , and economic conditions are only going to @ @ @ @ @ @ @ With each passing month , more businesses are going to crumble , more workers are going to lose their jobs , and more financial stress is going to be put on the system .
All of the dominoes are starting to fall , and every day there are more headlines that tell us that our society is coming apart at the seams .
I have been warning my readers for a very long time that this was coming , and now that it is here there will be no escape .

by Michael Snyder
The U.S. economy was supposed to be turning a corner by now, but instead it looks like we are headed for an exceedingly painful winter. All over the country, big companies are laying off thousands of workers, and in some cases the numbers are even larger than that. As you will see in this article, Disney just announced that they will be laying off tens of thousands of workers, and the airline industry is warning that 100,000 workers could soon permanently lose their jobs if the federal government doesn’t bail them out. Meanwhile, we have been seeing businesses fail at a pace that is absolutely stunning. According to the Wall Street Journal, this year we are on pace to set new records for retail stores closings, retail bankruptcies, and retail liquidations…
Retail store closings in the U.S. reached a record in the first half of 2020 and the year is on pace for record bankruptcies and liquidations as the Covid-19 pandemic accelerates industry changes, particularly the shift to online shopping, according to a report on the downturn’s severity.
Apparel retailers have been hit particularly hard during this pandemic, and it has been extremely sad to see some of the most iconic brands in the entire industry reach the end of the line…
Among the notable companies that went belly-up over the summer are Lord & Taylor and its subsidiary, Le Tote; Tailored Brands, which is the parent company of Men’s Wearhouse and Jos. A. Bank; and Ann Taylor’s corporate parent Ascena Retail Group.
But it isn’t just the retail industry that is being utterly devastated.
According to Zero Hedge, there has been a “40% eruption in bankruptcy filings” in New York City so far in 2020, and one bankruptcy lawyer is warning that “there will be an avalanche of bankruptcies” as we approach the end of the year…
While Wall Street panic buys stocks again, on hopes Washington can pass the next round of much-needed economic stimulus, the broader commercial real estate market continues to implode and nowhere more so than the epicenter in New York City, where nearly 6,000 business closures, has resulted in a 40% eruption in bankruptcy filings across business districts of all five boroughs this year, reported Bloomberg. Al Togut, a bankruptcy lawyer who has handled insolvencies for small firms to mega-corporations, said, “by late fall, there will be an avalanche of bankruptcies … When the cold weather comes, that’s when we’ll start to see a surge in bankruptcies in New York City.”
So does that sound like things will be getting better or does that sound like things will be getting worse?
I know that the answer is obvious. I am just trying to make things crystal clear for those that have been deluded into thinking that we are headed for some sort of a “recovery”.
As more businesses collapse, more workers will lose their jobs. So even though we have already seen more than 60 million American workers file new claims for unemployment benefits in 2020, more waves of unemployment are still on the way.
For example, we just learned that KPMG will be eliminating 1,400 jobs. Those are good paying jobs and they will not be easy to replace.
Not to be outdone, Disney has announced that they will be laying off 20 times as many workers…
Disney is set to lay off around 28,000 employees in the United States as prolonged closures and limited attendance have decimated its theme park business. The announcement was made in a letter to employees Tuesday from Josh D’Amaro, Disney’s head of parks, who detailed several ‘difficult decisions’ the company has been forced to make amid the ongoing pandemic.
Personally, I think that it is very cruel for Disney to do this.
They have made countless billions of dollars off of all of us over the past several decades, and they are in absolutely no danger of going bankrupt.
So can’t they come up with a little bit of cash to pay those workers during these tough months?
We are primarily funded by readers. Please subscribe and donate to support us!
On the other hand, the airline industry is actually on the verge of a historic implosion, and we are being told that 100,000 workers could soon lose their jobs if they don’t get a massive bailout from the federal government. The following comes from Wolf Richter…
October 1 is the day US airlines that accepted their portion of the $25-billion bailout under the CARES Act can start involuntary layoffs of their employees. They’ve been shedding large numbers of employees since March but through voluntary buyouts, early retirements, and other programs that induced employees to temporarily or permanently leave. Now the airlines are engaged in a desperate lobbying effort to get legislation signed into law that would provide the next $25-billion bailout package. Threats have been flying, so to speak, to motivate Congress to get this done. American Airlines CEO Doug Parker told CBS News on Sunday that if there isn’t a new bailout program, “there are going to be 100,000 aviation professionals who are out of work, who wouldn’t be otherwise.” This would include the 18,000 employees American Airlines has threatened to lay off.
With everything that is going on, I don’t have any idea how so many Americans can still feel so confident about the economy right now.
It just doesn’t make any sense.
Perhaps this is another sign of how self-involved we have all become. If you haven’t lost your job and nobody you know personally has lost a job, perhaps things still seem okay in your little world.
But for many Americans, this economic downturn has quickly become a horror show. In Philadelphia, a housekeeper named Kat Payne was “furloughed” from her hotel job back in March, and now trying to figure out how to survive has become part of her daily routine…
Most mornings, Kat Payne calls a family meeting and talks with her children about how — or if — they are going to be able to pay their bills each month. It’s a routine she began after she was furloughed from her job as a housekeeper at the Philadelphia Marriott Downtown in March. Payne, along with her 27-year-old daughter Kipati and 28-year-old son Atrayu, gather in their North Philadelphia living room, with the household bills in hand. She reviews the mortgage payments and her retirement and savings accounts with her children.
At this point, Payne has not been able to pay her mortgage for four months in a row, and she just received a letter with some more devastating news…
Payne, 51, a single parent, recently received a letter from Marriott, which she reads out loud to her children: “We’re extending your layoff until December 31, 2020.”
Could you imagine being in her shoes?
What would you do?
Unfortunately, there are tens of millions of other Americans just like her that are deeply hurting right now, and economic conditions are only going to get worse in 2021 and beyond.
With each passing month, more businesses are going to crumble, more workers are going to lose their jobs, and more financial stress is going to be put on the system.
All of the dominoes are starting to fall, and every day there are more headlines that tell us that our society is coming apart at the seams.
I have been warning my readers for a very long time that this was coming, and now that it is here there will be no escape.


investmentwatchblog--2020-10-01--Doug Casey Debunks Four Myths About Trump, Taxes, and the Economy

International Man : For many years , President Trump has made no apologies for trying to pay the least amount of taxes possible .
He ’ s clearly stated this in many interviews .
His desire to minimize his taxes has brought scorn from many in the mainstream media , and politicians from both sides of the aisle .
These people are of the opinion that paying taxes is an honorable and necessary responsibility .
It brings to mind the wrongheaded saying “ taxes are the price we pay for a civilized society ” , which came from US Supreme @ @ @ @ @ @ @ people believe this .
But if that ’ s true , how come low tax locales like Singapore , the Cayman Islands , Monaco aren ’ t backward hell holes , but rather sophisticated and civilized ?
Doug Casey : Almost any lie can be accepted as truth if it ’ s said often enough and with enough certainty .
That absolutely applies to what Holmes said .
It ’ s shameful how people don ’ t think about its meaning , but slavishly repeat it .
Taxes aren ’ t the price @ @ @ @ @ @ @ ’ re a sign of the fact that society is becoming uncivilized .
A civilized society is based on voluntarism .
Taxes are all about coercion .
People don ’ t seem to recognize or remember that before 1913 there was no income tax in the US .
There was no reporting of any kind to the US government .
It was a much more civilized and far freer country then .
As far as Trump minimizing his taxes , congratulations to him .
The object should be to cut the size of @ @ @ @ @ @ @ cut it in half again , and again .
And along with it , cut the tax burden that it imposes on the average American .
Trump should be proud of himself for cutting his taxes .
It ’ s your patriotic duty as an American citizen to deny revenue to the State and the kind of people that are drawn to it and populate it .
The fact that some people resent others for not paying taxes is just evidence that they ’ ve been consumed by the vice of envy , @ @ @ @ @ @ @ the vices .
Jealousy says “ if you have something that I want , I ’ ll try to take it from you , just because I want it.
” Envy says “ if you have something that I want , and I can ’ t take it from you , I ’ ll destroy it and hurt you.
” It ’ s speaks poorly of the ethics of the average American , that they ’ ll self-righteously shame their neighbors for not paying “ enough ” taxes to the State .
International @ @ @ @ @ @ @ and the media that some people aren ’ t paying their “ fair share ” in taxes .
Who gets to define what “ fair ” is , and based on what justifications ?
Doug Casey : Whenever you hear the word fair , start running the other way .
Everybody has a different idea of what ’ s “ fair ” — it ’ s an arbitrary concept .
People manipulate its definition to their advantage .
The only way to determine what might be fair is voluntary mutual agreement .
That @ @ @ @ @ @ @ s no voluntarism involved .
They are , in fact , a levy enforced at the point of a gun .
The most creative and productive people tend to have the highest incomes—unless they ’ re crony capitalists , which means they ’ re basically using the government to steal from everybody else .
Productive people shouldn ’ t be penalized for supplying more goods and services to their neighbors—to the market .
The money they give to the government in taxes would have otherwise been used to create more wealth for the @ @ @ @ @ @ @ taken from them by taxes it ’ s mostly squandered on welfare and warfare .
The bottom half of the US really doesn ’ t pay any income tax .
They only pay Social Security taxes , roughly a flat 15 % .
It ’ s theoretically a pension program , although in fact it ’ s a Ponzi scheme .
Social Security is bankrupt .
If anyone gets it in the years to come it will be at the expense of future taxpayers—not because any capital has been set aside .
Social @ @ @ @ @ @ @ , a swindle .
It makes it harder for people to save on their own .
And makes them feel they don ’ t have to .
But it ’ s not a real pension plan ; it ’ s a highly politicized welfare program .
People have been propagandized into believing not just what isn ’ t true , but actually believing the opposite of the truth .
The situation is actually pretty hopeless from a philosophical point of view and it ’ s getting worse .
The average American believes Social @ @ @ @ @ @ @ moral and necessary .
International Man : Doesn ’ t this system—which diverts wealth from productive use into government , which is naturally unproductive—make everyone worse off ?
You would think the lower and middle classes would be clamoring for more wealth creation that would also benefit them .
Instead , many are asking for more wealth to be destroyed .
It seems this sort of thinking helps solidify a backwards system .
Doug Casey : Absolutely .
The US government and its welfare programs are actually cementing the lower classes to the @ @ @ @ @ @ @ you encourage .
When you give people free money for doing nothing , that ’ s what they ’ ll do .
Take personal responsibility away from a man , and he ’ ll tend to act irresponsibly .
The next step seems to be a guaranteed annual income for everybody where—presumably—where everybody can just sit around Starbucks all day sipping latte and playing with their iPhones , and be paid for it .
This trend has been building almost 100 years , and the curve is starting to go parabolic .
To @ @ @ @ @ @ @ s “ unsustainable ” for everyone to try living at the expense of everyone else .
International Man : Another misnomer we often hear is that “ deficits don ’ t matter ” , a saying popularized by Dick Cheney , an ostensible fiscal conservative .
Doug Casey : Well , deficits do matter .
In order to become wealthy you have to produce more than you consume and save the difference .
Saving the difference builds capital .
And you need capital to create more wealth .
Countries without capital are poor @ @ @ @ @ @ @ and Mauritania .
The only capital they have is sticks and stones .
The US government is in effect training people to consume more than they produce .
Now , you can do that in basically two ways .
One , by borrowing capital that ’ s been saved and created in the past , and consuming it .
Or , two , you can do it by mortgaging your future .
It ’ s not a pro-survival policy to consume more than you produce .
It ’ s possible for a while @ @ @ @ @ @ @ up in disaster .
The US government is encouraging people to do just that , however , directly and indirectly .
International Man : Yet another misguided , yet popular , saying is that we shouldn ’ t worry about the national debt because “ we owe it to ourselves.
” What ’ s your take Doug ?
Doug Casey : It ’ s another glib , gigantic , lie .
“ We ” don ’ t owe it to ourselves .
Some people owe it to some other people .
If it @ @ @ @ @ @ @ going to walk away disappointed .
In fact , most of the debt is owed to non-Americans .
Directly , in the form of the national debt .
And indirectly , in the form of US dollars outside the US .
For many years the major export of the US hasn ’ t been Boeings , or IBMs , or wheat .
It ’ s been US dollars .
We run a trade deficit of about $ 800 billion every year .
In exchange , foreigners send us electronics , Mercedes , cocaine @ @ @ @ @ @ @ has artificially propped up the average American ’ s standard of living .
Those dollars circulate in other countries ; the US dollar is the de facto currency of 50 other countries around the world .
At some point—since the US dollar is backed by nothing—if confidence goes away , those foreigners are going to want to get rid of their dollars .
They ’ ll necessarily come back to the US where legal tender laws force Americans to accept them .
There are many trillions of dollars that are now abroad are @ @ @ @ @ @ @ going to be traded for US shares of stock , US real estate , US technology , and US labor .
Americans , who have grown accustomed to an artificially high standard of living for many years , are going to have a very real drop in their standard of living when those dollars come home .
We ’ re sending dollars to the Chinese and other foreigners .
We ’ re also selling US government debt to the Federal Reserve , which then credits the government ’ s accounts at commercial banks @ @ @ @ @ @ @ another story .
It ’ s all a moving paper fantasy .
It ’ s going to end badly , and end soon .
It could easily destroy everybody ’ s savings .
And that , in turn , could destroy the very basis of society .
Editor ’ s Note : The days of the US Dollar as the reserve currency are numbered .
When that happens , the US will experience an economic crisis unlike we ’ ve seen before .
The window to prepare yourself is still open .
That @ @ @ @ @ @ @ and his team have created this urgent new report on what to expect and how to protect yourself .
Click here to download it now .

Via International Man
International Man: For many years, President Trump has made no apologies for trying to pay the least amount of taxes possible. He’s clearly stated this in many interviews.
His desire to minimize his taxes has brought scorn from many in the mainstream media, and politicians from both sides of the aisle. These people are of the opinion that paying taxes is an honorable and necessary responsibility. It brings to mind the wrongheaded saying “taxes are the price we pay for a civilized society”, which came from US Supreme Court Justice Oliver Wendell Holmes. Many people believe this.
But if that’s true, how come low tax locales like Singapore, the Cayman Islands, Monaco aren’t backward hell holes, but rather sophisticated and civilized?
Doug Casey: Almost any lie can be accepted as truth if it’s said often enough and with enough certainty. That absolutely applies to what Holmes said. It’s shameful how people don’t think about its meaning, but slavishly repeat it.
Taxes aren’t the price we pay for civilized society. They’re a sign of the fact that society is becoming uncivilized. A civilized society is based on voluntarism. Taxes are all about coercion.
People don’t seem to recognize or remember that before 1913 there was no income tax in the US. There was no reporting of any kind to the US government. It was a much more civilized and far freer country then.
As far as Trump minimizing his taxes, congratulations to him. The object should be to cut the size of the US government in half, and cut it in half again, and again. And along with it, cut the tax burden that it imposes on the average American.
Trump should be proud of himself for cutting his taxes. It’s your patriotic duty as an American citizen to deny revenue to the State and the kind of people that are drawn to it and populate it.
The fact that some people resent others for not paying taxes is just evidence that they’ve been consumed by the vice of envy, which is one of the worst of the vices. Jealousy says “if you have something that I want, I’ll try to take it from you, just because I want it.” Envy says “if you have something that I want, and I can’t take it from you, I’ll destroy it and hurt you.”
It’s speaks poorly of the ethics of the average American, that they’ll self-righteously shame their neighbors for not paying “enough” taxes to the State.
International Man: We often hear from politicians and the media that some people aren’t paying their “fair share” in taxes. Who gets to define what “fair” is, and based on what justifications?
Doug Casey: Whenever you hear the word fair, start running the other way. Everybody has a different idea of what’s “fair”— it’s an arbitrary concept. People manipulate its definition to their advantage. The only way to determine what might be fair is voluntary mutual agreement. That’s not possible with taxes—there’s no voluntarism involved. They are, in fact, a levy enforced at the point of a gun.
The most creative and productive people tend to have the highest incomes—unless they’re crony capitalists, which means they’re basically using the government to steal from everybody else.
Productive people shouldn’t be penalized for supplying more goods and services to their neighbors—to the market. The money they give to the government in taxes would have otherwise been used to create more wealth for the whole world. When it’s taken from them by taxes it’s mostly squandered on welfare and warfare.
The bottom half of the US really doesn’t pay any income tax. They only pay Social Security taxes, roughly a flat 15%. It’s theoretically a pension program, although in fact it’s a Ponzi scheme. Social Security is bankrupt. If anyone gets it in the years to come it will be at the expense of future taxpayers—not because any capital has been set aside.
Social Security is, and always has been, a swindle. It makes it harder for people to save on their own. And makes them feel they don’t have to. But it’s not a real pension plan; it’s a highly politicized welfare program. People have been propagandized into believing not just what isn’t true, but actually believing the opposite of the truth. The situation is actually pretty hopeless from a philosophical point of view and it’s getting worse. The average American believes Social Security and the income tax are both moral and necessary.
International Man: Doesn’t this system—which diverts wealth from productive use into government, which is naturally unproductive—make everyone worse off? You would think the lower and middle classes would be clamoring for more wealth creation that would also benefit them. Instead, many are asking for more wealth to be destroyed.
It seems this sort of thinking helps solidify a backwards system.
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Doug Casey: Absolutely. The US government and its welfare programs are actually cementing the lower classes to the bottom of society.
You get what you encourage. When you give people free money for doing nothing, that’s what they’ll do. Take personal responsibility away from a man, and he’ll tend to act irresponsibly. The next step seems to be a guaranteed annual income for everybody where—presumably—where everybody can just sit around Starbucks all day sipping latte and playing with their iPhones, and be paid for it.
This trend has been building almost 100 years, and the curve is starting to go parabolic. To use a fashionable word, it’s “unsustainable” for everyone to try living at the expense of everyone else.
International Man: Another misnomer we often hear is that “deficits don’t matter”, a saying popularized by Dick Cheney, an ostensible fiscal conservative.
Doug Casey: Well, deficits do matter. In order to become wealthy you have to produce more than you consume and save the difference. Saving the difference builds capital. And you need capital to create more wealth.
Countries without capital are poor. Places like Zimbabwe, Cuba, and Mauritania. The only capital they have is sticks and stones.
The US government is in effect training people to consume more than they produce. Now, you can do that in basically two ways. One, by borrowing capital that’s been saved and created in the past, and consuming it. Or, two, you can do it by mortgaging your future.
It’s not a pro-survival policy to consume more than you produce. It’s possible for a while, of course, but will wind up in disaster. The US government is encouraging people to do just that, however, directly and indirectly.
International Man: Yet another misguided, yet popular, saying is that we shouldn’t worry about the national debt because “we owe it to ourselves.” What’s your take Doug?
Doug Casey: It’s another glib, gigantic, lie. “We” don’t owe it to ourselves. Some people owe it to some other people. If it’s not paid back somebody is going to walk away disappointed.
In fact, most of the debt is owed to non-Americans. Directly, in the form of the national debt. And indirectly, in the form of US dollars outside the US. For many years the major export of the US hasn’t been Boeings, or IBMs, or wheat. It’s been US dollars. We run a trade deficit of about $800 billion every year. In exchange, foreigners send us electronics, Mercedes, cocaine, and other real goods. This has artificially propped up the average American’s standard of living.
Those dollars circulate in other countries; the US dollar is the de facto currency of 50 other countries around the world.
At some point—since the US dollar is backed by nothing—if confidence goes away, those foreigners are going to want to get rid of their dollars. They’ll necessarily come back to the US where legal tender laws force Americans to accept them.
There are many trillions of dollars that are now abroad are a liability. Someday they’re going to be traded for US shares of stock, US real estate, US technology, and US labor.
Americans, who have grown accustomed to an artificially high standard of living for many years, are going to have a very real drop in their standard of living when those dollars come home.
We’re sending dollars to the Chinese and other foreigners. We’re also selling US government debt to the Federal Reserve, which then credits the government’s accounts at commercial banks with dollars. But that’s another story. It’s all a moving paper fantasy. It’s going to end badly, and end soon.
It could easily destroy everybody’s savings. And that, in turn, could destroy the very basis of society.
Editor’s Note: The days of the US Dollar as the reserve currency are numbered. When that happens, the US will experience an economic crisis unlike we’ve seen before.
The window to prepare yourself is still open. That’s why Doug’s Casey and his team have created this urgent new report on what to expect and how to protect yourself. Click here to download it now.


investmentwatchblog--2020-10-01--Mayor de Blasio to fine people who refuse to wear masks

From The Guardian : New York City will impose fines on people who refuse to wear a face covering in public , Mayor Bill de Blasio said on Tuesday , as he announced that the rate of positive tests for the coronavirus had climbed above 3 % in the city for the first time in months .
The latest citywide daily positive test rate was 3.25 % , De Blasio said , a rise attributed in part to nine zip codes city health officials say have seen worrying increases in cases .
In some hotspots the positivity rate was 17 @ @ @ @ @ @ @ first offer free masks to anyone caught not wearing one .
If the person refuses , the mayor told reporters , they will face an unspecified fine .
“ Our goal , of course , is to give everyone a free face mask , ” the mayor said .
“ We don ’ t want to fine people , but if we have to we will.
” In the first surge of the pandemic , in March and April , New York became not just the US hotspot but the world leader for @ @ @ @ @ @ @ are anxious not to see the progress of recent months go to waste .
More than 7 million people have been infected in the US and more than 200,000 have died .
According to Johns Hopkins University , New York state has recorded more than 450,000 cases and more than 25,000 deaths .
The new rule on masks extends across the city and echoes a policy imposed this month by the Metropolitan Transportation Authority , which is controlled by the New York governor , Andrew Cuomo .
Under that policy , commuters who @ @ @ @ @ @ @ transit such as buses , trains and the subway system face a $ 50 fine .
On Tuesday , De Blasio said the seven-day rolling Covid-19 positivity average remained at 1.38 % , though he added that this week the citywide average had risen to 3 % .
“ For the first time in months , you ’ re going to see a daily number over 3 % , ” De Blasio said .
“ Obviously , everyone is concerned about that .
That is something we all have to work on together @ @ @ @ @ @ @ us we have to be on high alert to make sure we fight back this challenge.
” Read the whole story here .

by DCG
It was my honor to spend time with our Asian-American owned small businesses in Flushing today. This vibrant community is standing strong but they need YOUR support. Our Chinatowns are open for business — make some dinner plans, do some shopping and stand with our neighbors! pic.twitter.com/3pJAzTPvPl — Mayor Bill de Blasio (@NYCMayor) February 13, 2020
From The Guardian: New York City will impose fines on people who refuse to wear a face covering in public, Mayor Bill de Blasio said on Tuesday, as he announced that the rate of positive tests for the coronavirus had climbed above 3% in the city for the first time in months.
The latest citywide daily positive test rate was 3.25%, De Blasio said, a rise attributed in part to nine zip codes city health officials say have seen worrying increases in cases. In some hotspots the positivity rate was 17%.
De Blasio said officials would first offer free masks to anyone caught not wearing one. If the person refuses, the mayor told reporters, they will face an unspecified fine. “Our goal, of course, is to give everyone a free face mask,” the mayor said. “We don’t want to fine people, but if we have to we will.”
In the first surge of the pandemic, in March and April, New York became not just the US hotspot but the world leader for coronavirus cases. City and state officials are anxious not to see the progress of recent months go to waste.
More than 7 million people have been infected in the US and more than 200,000 have died. According to Johns Hopkins University, New York state has recorded more than 450,000 cases and more than 25,000 deaths.
We are primarily funded by readers. Please subscribe and donate to support us!
The new rule on masks extends across the city and echoes a policy imposed this month by the Metropolitan Transportation Authority, which is controlled by the New York governor, Andrew Cuomo.
Under that policy, commuters who refuse to wear a mask on public transit such as buses, trains and the subway system face a $50 fine.
On Tuesday, De Blasio said the seven-day rolling Covid-19 positivity average remained at 1.38%, though he added that this week the citywide average had risen to 3%.
“For the first time in months, you’re going to see a daily number over 3%,” De Blasio said. “Obviously, everyone is concerned about that. That is something we all have to work on together to address and something that says to us we have to be on high alert to make sure we fight back this challenge.”
Read the whole story here.
DCG


investmentwatchblog--2020-10-01--Trump Approves Railroad to Help Alberta

Trump Approves Railroad to Help Alberta

COMMENT : Trump to approve $ 22B railway between Alaska and Alberta Is Trump aiding Alberta ’ s separation ?
@ @ @ @ @ deal for our landlocked oil market !
REPLY : Yes .
Trump stands against the @ @ @ @ @ via the United Nations and to end all fossil fuels .
His two speeches at @ @ @ @ @ threw down the gauntlet against the entire Gates-Soros-Schwab-Gore alliance .
This is why this election @ @ @ @ @ they are desperate to remove him for their climate change agenda which will put Alberta @ @ @ @

by Martin Armstrong
COMMENT: Trump to approve $22B railway between Alaska and Alberta
Is Trump aiding Alberta’s separation? This is a very big deal for our landlocked oil market!
We are primarily funded by readers. Please subscribe and donate to support us!
AG
REPLY: Yes. Trump stands against the Globalists who are seeking power via the United Nations and to end all fossil fuels. His two speeches at Davos and the United Nations threw down the gauntlet against the entire Gates-Soros-Schwab-Gore alliance. This is why this election is so heated, for they are desperate to remove him for their climate change agenda which will put Alberta out of business.


investmentwatchblog--2020-10-01--Stranger Things: Will Trump Lose The US Presidential Election With GDP Growing At 32% QoQ?

With just over a month to go until the US Presidential Election , incumbent Donald S. Trump is behind former @ @ @ @ @ most polls .
EVEN THOUGH THE US ECONOMY IS GROWING AT A RATE OF 32 @ @ @ @ @ Administration achieved a meager 1.959 % QoQ annualized from 2009 through 2016 .
Lacking any @ @ @ @ @ over their economic plans , I will just assume that a Biden/Harris administration will be @ @ @ @ @ a large growth in off-shoring of jobs to China and a massive wave of illegal @ @ @ @ @ .
So , will American select slow-growing Biden or fast-growing Trump ?
Let ’ s @ @ @ @ @ to see if Biden makes any cogent remarks on the economy .

by confoundedinterest17
With just over a month to go until the US Presidential Election, incumbent Donald S. Trump is behind former Vice President Joe Biden in most polls. EVEN THOUGH THE US ECONOMY IS GROWING AT A RATE OF 32% QoQ.
The Obama/Biden Administration achieved a meager 1.959% QoQ annualized from 2009 through 2016.
We are primarily funded by readers. Please subscribe and donate to support us!
Lacking any information from the Biden/Harris team over their economic plans, I will just assume that a Biden/Harris administration will be a slow growth economy with a large growth in off-shoring of jobs to China and a massive wave of illegal immigration over the southern border.
So, will American select slow-growing Biden or fast-growing Trump? Let’s watch the Presidential debate tonight to see if Biden makes any cogent remarks on the economy.


investmentwatchblog--2020-10-01--2020 Is the Best Year for an IPO. If Trend Continues, Gains Will Overtake the Record of the Even Dot

2020 Is the Best Year for an IPO. If Trend Continues, Gains Will Overtake the Record of the Even Dotcom Era

However , the popularity of IPOs does not mean that a bubble burst is on the way .
2020 Is @ @ @ @ @ 2020 is the best year for the initial public offerings by the end of September @ @ @ @ @ provided by Michael A. Gayed .
If the trend continues until the end of the @ @ @ @ @ even the dot-com era , which is characterized by the abundance of initial public offerings @ @ @ @ @ raised by US IPOs .
In addition , first-day returns of these IPO ’ s @ @ @ @ @ since 1999 .
However , analysts say the IPO situation is nowhere near the mania @ @ @ @ @ years ago .
Despite the huge number of IPOs and record gains , experts point @ @ @ @ @ may be due to the caution of IPO writers .
During this year IPO underwriters @ @ @ @ @ spring market fall and were unsure of investors ’ sentiment .
Therefore , they deliberately @ @ @ @ @ would be expected in more stable and favorable conditions .

by Peter Smith
However, the popularity of IPOs does not mean that a bubble burst is on the way.
Image Source: Twitter @leadlagreport
We are primarily funded by readers. Please subscribe and donate to support us!
2020 Is the Best Year for IPOs
2020 is the best year for the initial public offerings by the end of September, according to the information provided by Michael A. Gayed. If the trend continues until the end of the year, it will outperform even the dot-com era, which is characterized by the abundance of initial public offerings, in terms of money raised by US IPOs.
A New Era of Dotcom?
In addition, first-day returns of these IPO’s are also higher than ever since 1999. However, analysts say the IPO situation is nowhere near the mania that gripped the market 20 years ago. Despite the huge number of IPOs and record gains, experts point out that part of this may be due to the caution of IPO writers.
During this year IPO underwriters were significantly intimidated by the spring market fall and were unsure of investors’ sentiment. Therefore, they deliberately set lower initial prices than would be expected in more stable and favorable conditions.


investmentwatchblog--2020-10-01--RED Alert: Massive Ballot Fraud in Mass

RED Alert: Massive Ballot Fraud in Mass

SGTReport Interviews Dr. Shiva Ayudarai Who Won His Primary in Massachussets Until He Didn ’ t .
He Discusses the @ @ @ @ @ “ weight ” voters–a Constitutional violation !

SGTReport Interviews Dr. Shiva Ayudarai Who Won His Primary in Massachussets Until He Didn’t. He Discusses the Diabold voting machines that can “weight” voters–a Constitutional violation!
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h/t Nothingberg


investmentwatchblog--2020-10-01--HMM: Ford cuts prices of the 2021 Mustang Mach-E: Some variants see a $3,000 drop.

Ford has good news for many of the motorists who reserved a 2021 Mustang Mach-E .
It sent its dealers @ @ @ @ @ ’ s dropping the electric crossover ’ s price by $ 1,000 to $ 3,000 @ @ @ @ @ The lineup still includes five basic trim levels named Select , Premium , GT , @ @ @ @ @ First Edition , and some of these variants are offered with either rear- or all-wheel @ @ @ @ @ price of the entry-level model by $ 1,000 , according to Mach-E Forum , so @ @ @ @ @ with rear-wheel drive and $ 46,695 with all-wheel drive after a mandatory $ 1,100 destination @ @ @ @ @ the bottom line .

Ford has good news for many of the motorists who reserved a 2021 Mustang Mach-E. It sent its dealers a notice to announce it’s dropping the electric crossover’s price by $1,000 to $3,000 — with one exception.
The lineup still includes five basic trim levels named Select, Premium, GT, California Route 1, and First Edition, and some of these variants are offered with either rear- or all-wheel drive. Ford lowered the price of the entry-level model by $1,000, according to Mach-E Forum, so it starts at $43,995 with rear-wheel drive and $46,695 with all-wheel drive after a mandatory $1,100 destination charge elbows its way into the bottom line.
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www.autoblog.com/2020/09/29/2021-ford-mustang-mach-e-price-drop/


investmentwatchblog--2020-10-01--Researchers use membranes that remove salt from water to help ‘split’ sea water into fuel.

The power of the sun , wind and sea may soon combine to produce clean-burning hydrogen fuel , according to a team of Penn State researchers .
The team integrated water purification technology into a new proof-of-concept design for a sea water electrolyzer , which uses an electric current to split apart the hydrogen and oxygen in water molecules .
This new method for “ sea water splitting ” could make it easier to turn wind and solar energy into a storable and portable fuel , according to Bruce Logan , Kappe Professor of Environmental Engineering and Evan Pugh University @ @ @ @ @ @ @ fuel , but you have to make it , ” Logan said .
“ The only sustainable way to do that is to use renewable energy and produce it from water .
You also need to use water that people do not want to use for other things , and that would be sea water .
So , the holy grail of producing hydrogen would be to combine the sea water and the wind and solar energy found in coastal and offshore environments.
” Despite the abundance of sea water , it is @ @ @ @ @ @ @ Unless the water is desalinated prior to entering the electrolyzer—an expensive extra step—the chloride ions in sea water turn into toxic chlorine gas , which degrades the equipment and seeps into the environment .

The power of the sun, wind and sea may soon combine to produce clean-burning hydrogen fuel, according to a team of Penn State researchers. The team integrated water purification technology into a new proof-of-concept design for a sea water electrolyzer, which uses an electric current to split apart the hydrogen and oxygen in water molecules.
This new method for “sea water splitting” could make it easier to turn wind and solar energy into a storable and portable fuel, according to Bruce Logan, Kappe Professor of Environmental Engineering and Evan Pugh University Professor.
“Hydrogen is a great fuel, but you have to make it,” Logan said. “The only sustainable way to do that is to use renewable energy and produce it from water. You also need to use water that people do not want to use for other things, and that would be sea water. So, the holy grail of producing hydrogen would be to combine the sea water and the wind and solar energy found in coastal and offshore environments.”
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Despite the abundance of sea water, it is not commonly used for water splitting. Unless the water is desalinated prior to entering the electrolyzer—an expensive extra step—the chloride ions in sea water turn into toxic chlorine gas, which degrades the equipment and seeps into the environment.
phys.org/news/2020-09-membranes-salt-sea-fuel.html